en•thu•si•ast n.
• One who is filled with enthusiasm; one who is ardently absorbed in an interest or pursuit.
crypto•cur•ren•cy n.
• A digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend.
Why choose cryptos?
Short answer— I believe in the economic functionality and potential of sufficient governance systems offered by blockchain technology.
The longer answer..
Cryptocurrency is in its early stages. Cyberspace is a comparatively new technology as well. The first smart phones became accessible about the same time as the first bitcoins– for perspective. I believe that the internet is capable of connecting humanity in ways that have never before been possible. Not once have todays humans faced a pandemic. At no time has humankind had a physical way to make payments with the access of internet without government currency. With the potential to have a global peer-to-peer currency, I see great value to invest early.
A successful monetary system operates with:
trust, store of value, efficiency, and liquidity.
Fiat currencies are often used within transactions because of their trusted input and output values in their systematic function and government regulation.
Meaning: if there is a good you wish to trade for, then fiat currencies (USD, Euro, Yuan, etc.) are typically used as a means of negotiation.
Essentially, fiat currency has been tried, tested, and effective for centuries.