Digital Assets – should I really consider investing in them?

The human race has come a very long way. On our journey there has been constant development and evolution. The reason we are the superior species on the planet is because we can adapt to change and continually evolve over the years.

Our economical foundation has also developed and evolved over the last couple of thousand years. Initially we bartered with each other exchanging shells, precious rocks and utility items like food and water. This later adapted to what we now call “money”. The coins and paper we are all familiar with. Fast forward to today and the vast majority of what we currently call money is really just digital registers of your bank balance. It is important to note that this registry of how much money you have is held with a centralized institution (like a bank), who is operating within the governing structures of the country within they operate.

Economists and investment professionals have dedicated their lives to ascertain what the best combination of traditional assets (equity, bonds, property and cash) needs to be, to deliver a specific outcome over a specific time period. We have lots of historical data to back test theories and investment management as a specialized field of study has grown dramatically.

But there is a paradigm shift happening right under our feet. You need to be acutely aware of the changing environment. Digital assets or crypto currencies have entered the arena. Initially they were dismissed as a fad or a phase and mostly ignored by the investment professionals.

However, adoption is happening around the world. We are still figuring out how it will be incorporated into our daily lives. Store-of-value, medium-of-exchange or one of the millions of other utilities DeFi offer can be argued as potential use cases. The jury is still out on how we will ultimately use crypto in our daily lives. But the media attention, adoption and very importantly, the big money, is increasing exponentially.

Governments and most big corporates around the world are having heated boardroom discussions on the impact crypto will have on their current business model. The clever ones are engaging and integrating. The dinosaurs are ignoring and dismissing it. Don’t be a dinosaur. You know what happened to them.

My focus and goal will be to help people with educational material and to assist them in engaging with this new world. Crypto will not take over the world tomorrow and as such there will be a gradual transition from the Traditional Finance (TradFi) to Decentralized Finance (DeFi). We’ll most likely have a combination of the two for many years as well.

I’ll be your Sherpa on your journey. I’ll lead the way. Highlight the path you need to stay on and show the pitfalls and dangers on the journey.

Welcome. And thank you.