How's the business going?

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business.gov.com.uk slash recruit. Eligibility criteria apply. In this lessons episode, examine

how speculation and utility shape the evolution of crypto and influence its long-term value. Discover why

early risk-taking sparked key innovation,

understand how decentralization and multi-currency tools are redefining financial control,

and explore how inclusive frameworks can support more sustainable technology ecosystems.

And I guess the point that I'm trying to to get to is the like crypto as a market, it's a lot, it's really driven with a lot of speculation as well. So I'm wondering if it's more like the underlying tech and like practical applications, use cases that are driving the technology forward,

or is it more speculation and potential financial gain that's driving this industry forward?

So it's a combination of both, and over time I think you're going to see more and more of the utility aspect that's going to lead to more and more of the value increases.

And that's where the value comes from, in my opinion.

It's, you know, when we started off, we had 9,000 people that entrusted us with their Bitcoin to then turn that into the technology that we were creating.

And they took a gamble and a risk by giving us that money up front

in a pre-sale of a product that we didn't deliver until a year later, which was the plan.

But they were speculating that or, you know, it's speculation is just another term for, you know, taking a risk or it's a term for investing.

There's a lot of it's just terminology, but early on there was a lot of speculation. There's still a lot of speculation. But more and more every month, you're seeing utility come out of it. You're seeing how the different sectors and different industries are going to be radically changed from the technologies. So it is still speculation, but it's people also that realize where it's going to go, and it's always about thinking ahead of the curve.

And that's something that I think, I pride myself on being able to see where things are heading in the future, whether it be business models that are deficient, or whether it be where the crypto space was going and be able to start to offering potentially alternatives for government currencies.

It's all about staying ahead of the curve and understanding where things are going based on where things have gone in the past

and making sure you have the tools and assets that you can put it together in order to utilize what your knowledge is.

So there is a lot of speculation. I'd say most of it is still on speculation, but there's a lot of good utility coming out.

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