Why Do People Buy Crypto?

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Why Do People Buy Crypto?

8 cards

Buying cryptocurrencies is done with the expectation of profit.

The idea is similar to planting an apple tree today to feed your family in the future.

Crypto adopters looking for more than just value appreciation are usually drawn to the asset because it’s designed to provide financial independence. 

This applies especially to residents of countries in economic decline.

For some people, buying crypto is a way to support something they believe in

Just like in the early days of the Internet, there is the belief that the technological aspect behind blockchain is a revolution in itself.

All cryptocurrencies represent different blockchain projects. Each one usually offers a solution to a common problem. 
The vision of the people behind them and their communities can be a reason why someone would believe in cryptocurrency.

What is NOT a reason to buy crypto?

“We have elected to put our money and faith in a mathematical framework that is free of politics and human error.”

Tyler Winklevoss


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