Introduction
I’m pissed off! Anywhere I go—X, networking events, jobs, friends, family—when the topic of crypto comes up, the discussion always steers towards the price of Bitcoin or recommendations for which $hit tokens to buy. This is usually followed up with someone sharing “war stories” about how they lost a bunch of money in the recent rug pull that has been in the news. And just before the conversation turns sour, another yo-yo tells the group about that one successful trade and how they managed to 10X their recent stimulus check. I am sick and tired of listening to this speculative nonsense. These types of discussions are moving our industry in the WRONG direction.
With GHOST, we are actively trying to create a revolution. We are trying to replace the existing frail, gated, and unfair Dollar Standard economy with one that is based on blockchain technology. But the transition must be voluntary. If the transition to the Blockchain Standard is to occur, it must do so on an individual level. Every employee, small business owner, shopper, etc., must make a voluntary decision to choose crypto over the dollar.
There are a lot of things we need to solve before the Blockchain Standard can become a reality. But the one thing that we must tackle is to create a Crypto Informed Populous. Andrew Breitbart used to say:
Politics is downstream from culture
And since, as of today, finance and politics are practically the same thing, we must keep this quote in mind. I define Crypto Informed Populous as a population that is aware of the true utility of cryptocurrency and blockchain technology. Sounds simple, but it’s not! Just as an example, I can’t tell you how many people I’ve met that HODL crypto but have ZERO idea of what a blockchain ledger is. Crazy, right? If these individuals are not aware of the utility, then their default will ALWAYS be to look at crypto as a speculative vehicle and nothing more.
It is up to us to make this shift happen. We must move the conversation from “Isn’t it amazing to gamble with $hit token” to “I am giving my customers the option to pay with Bitcoin for my consulting services starting January 1st, 2026.” In other words, we need to become the Crypto Stewards. I define Crypto Stewards as individuals who are fully informed about the value add and the utility of blockchain technology, who spread the blockchain gospel in order to create a Crypto Informed Populous, and who act in accordance with the blockchain gospel.
Crypto Steward Principles
- DO NOT speculate on crypto – If you truly believe in a project, simply buy and hold. Day trading is strongly discouraged, as it significantly increases the chance of losing everything you have. Remember, the game is stacked against you!
- Become a crypto steward – Spread the “crypto gospel” to your family and friends. Convert every single person you know into a crypto believer. The days of the Fiat Standard are nearing their end; the flood is coming. Are you going to be on the Ark, or will you be left behind?
- Become a crypto adopter – Do not just buy crypto assets for the sake of making money. Actually use the asset to exchange it for goods and services. Utilize the asset within your community to facilitate local trade.
- Decrease dependency on the Dollar Standard – Just as you are attempting to use crypto as part of the crypto circular economy, attempt to minimize your daily use of the Fiat Currency.
- DO NOT engage in crypto speculative discussions – Try to steer the discussion AWAY from price and towards utility.
- Stay informed – In almost 20 years since the Bitcoin Paper, most people still don’t even know how Bitcoin works, not to mention more recent developments. Do your best to dedicate 30 minutes every day reading up on crypto technology. Pick any crypto project, read the documentation, and try to understand it at least on a conceptual level. Remember, if you don’t know how crypto technology works, no one else will.
Final Thoughts
We have to lead by example. Others will only enter our industry after YOU have shown them the way. If we truly want blockchain technology to replace the Dollar Standard, grassroots level of adoption is the ONLY path forward. Institutions will pump and dump crypto all day long and use the technology to transfer the wealth from the masses to the elites. We have to do the OPPOSITE.
Remember, every generation has something special. The Greatest Generation went through the Great Depression. The Boomers have successfully screwed everything up. The responsibility of making blockchain technology a mainstream concept has befallen upon us. This makes us the Blockchain’s Founding Fathers. If we don’t succeed, then the Dollar Standard will win, and we as a human race will lose. We cannot allow this.
