1/ Imagine investing in internet stocks and never experiencing the products that the companies create.
2/ While I wasn't investing in the 90s, I imagine many investors were minimally familiar w/ the technology behind the companies they were investing in... kind of like many retail #crypto investors today.
3/ From the birth of the Web in the early 90s through to now, we've seen increasing alignment between what the markets valued early (at ridiculous multiples), and what consumers use today -- which is Web.
4/ We'll see a similar alignment between financial markets and mainstream adoption over the coming decades in #crypto, as people go behind investing & speculating and actually use the networks being created.
5/ On a personal basis, I would say it's *critical* that you use & play with different components of the #crypto-stack. It's way more fun than just speculating 🙂
6/ Certainly, you can hold through the next few #crypto cycles and likely come out just fine, but you'd be missing the best part of helping to re-design the Web.
7/ Put another way, if wish you had been able to participate in crafting the birth of the Web, then #crypto is your second shot with an added dose of cantankerousness (yes, it's a word).
8/ And sprinkling in a little Peter Lynch, how are you supposed to "buy what you know," if you don't know anything at all about using #crypto?
