Over the time of crypto one thing has always been clear to me and that's always a group of people saying that crypto is a scam, coins will all be worthless etc etc. Well here we are now in 2025 with bitcoin being worth around $95,000 a a larger market cap of nearly 3.5 trillion dollars.
And still...
There are people yelling that crypto is a scam.
This might be the case for them because their are scams and the primary things that get the biggest headlines are meme coins, rug pulls etc. It seems like we are back into that era once again which is normally the ATH before things come crashing back down and that's scams like crazy.
The biggest headliners so far have been the hawk tuah coin and more recently the Argentina president who pushed a legit dumb project that just rug pulled.
Based on that we can see how it's understandable that some people would feel that crypto is a scam and they had a bad experience with it. I personally went through a bit of this during the layer two bull run of Ethereum back in 2017 which pretty much every project I invested in went belly up, lead people and produced no product.
It's legit annoying but it's a choice I made at the time based on the best I thought at the time. Now luckily I didn't dump everything into it just some extras but of course i'd love to have that 50 ETH back lol.
But there are really big positives for crypto that I'd like to focus on today. It's the items I feel most people miss and it simply doesn't get enough publicity. It's always the bad and negative which is also just a very small fraction of the crypto markets.
The Primary Issue With Crypto Right Now
The primary factor that drives crypto at the moment is speculation. Speculation of profits and that more people will use the blockchain, build applications and so forth on those blockchains. Outside of that there's really no revenue generation and just inflation of assets over time.
This only speculation move is why we see such wild swings in markets as there's no revenue generation in the assets themselves.
So how does that change? What needs to happen?
The Major Flywheel of Crypto
RWAs (Real World Assets) right now it's rather limited in terms of what RWAs are currently on the blockchain however that should be opening up a lot more here soon. But I think the higher ups are having a really hard time with having trades happening 24/7/365, no fees or low fees and no stop gap like we have when the stock market falls quickly in price. So my thoughts on this is that it will always be limited or simply wont happen or be limited to the opening hours of the markets.
That being said the first RWA that could provide massive fly wheel funds into the system would be that of stocks. Being able to buy and sell stocks, use them as leverage and earn dividends on which would pump value into the markets.
As a really quick example of this let's say you owned a stock on the crypto blockchain Ethereum and it paid out a 2.5% dividend rate. You would most likely get that 2.5% dividend in the form of USDT or USDC. When you start to expand that into other areas you see a massive 62.2 trillion dollars currently invested into the stock market just a 1% dividend rate across all of it could mean a massive injection of value into stablecoins which would find it's way into other assets.
On the flip side of this you would most likely have hubs like uniswap etc. Where if you held a governance style token (which they and most do have now) that holding that token would entitle you to fees generated from these types of assets. Think of it as a hedge fund where they take roughly 1% in management fees. Well ever time these swaps happen which in the crypto space is rather often you'll get a small fee of it based on how many tokens you hold yourself.
Even if you owned just 1% of that governance token could you imagine the amount of passive income you'd generate off of it from trillions of dollars being swapped back and forth every year! It's a huge incentive for people to get more involved.
Why Hasn't This Happened Yet?
When you think about it everything for this to happen is already in place. In fact Binance tried to do it a few years ago and got ultra slapped by the SEC. Well with clarity and regulations it could finally open this up to the possibility of this flywheel to really happen.
What we are waiting for mainly are the framework of what they will allow companies and places like Uniswap to start to open up options for these types of injections of money and value.
This would overall help the general smoothing out of the crypto networks where we see huge demand and then a fall flat (which to be honest we are in the fall flat era right now for the last nearly two months now).
What are you thoughts on when this will happen?