Recently, I heard someone share that the post-00s generation might really not have experienced that kind of thing, and they don't even quite understand why they should hold gold. In their eyes, crypto wallets are actually more reliable than traditional banks—at least they control their private keys and don't have to worry about institutional risks.
This view is quite interesting. Thinking about it, it makes sense. In an era of nihilism, our trust in various centralized entities is declining. Banks, governments, large corporations—any of them could experience a black swan event. Instead of putting all your eggs in one basket and betting on the conscience of institutions, it's better to choose decentralization—take control of your own destiny. That is the true value.
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LiquidationTherapist
· 13h ago
Haha, that gold routine is really outdated. Post-00s don't buy into it at all.
With the private key in hand, the world is mine. If the bank crashes, you still have to queue for compensation.
Now that's true financial freedom, otherwise you're just working for others.
Machine translation? Something's off. The institutions say safety is safety? Dream on.
Decentralization is the only way out; everything else is just a bluff.
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DegenWhisperer
· 13h ago
Haha, it's true. Gold is really an old-fashioned thing for post-00s; a string of private keys is more practical.
Honestly, managing private keys yourself is indeed satisfying; you no longer have to look at the bank's face.
But to be honest, most people don't have the awareness to properly safeguard their private keys. Losing keys is even more desperate than a bank collapse.
Decentralization sounds great, but in reality, you still have to trust a certain exchange. Isn't that just going in circles again?
These arguments are beautiful, but it's still about human nature...
What if the institution collapses? But if you lose your keys, they're truly gone. It's a trade-off between two harms.
But on the other hand, having a choice is always better than not; at least psychologically, it feels much better.
Self-managing private keys sounds good in theory, but how many actually do it?
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SerumSquirter
· 13h ago
People born after 2000 really don't buy into that anymore. To be honest, I have to say I'm a bit impressed. Knowing how to control your private keys is indeed awesome.
That said, I really don't know how long the traditional banking system can still be trusted...
What if you lose your private key? Well, that's another story, haha.
Decentralization sounds great, but can you really handle the risks on your own?
This generation is definitely different; their tolerance for institutions has dropped to freezing point.
Gold? That's an antique of our parents' era. Who even cares about that stuff anymore?
Self-custody sounds free, and at least it's better than getting chopped up by the market.
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AirdropJunkie
· 13h ago
Holding the private key is true freedom; the banking system's way of doing things should have been eliminated long ago.
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PebbleHander
· 13h ago
Holding your private keys in your own hands is the way to go. The old banking system has long been outdated.
The era of self-managed assets has arrived; no one can freeze your wallet.
Gold? That's a thing of the previous generation's obsession. What we want is autonomy.
This generation indeed doesn't trust institutions anymore, and who can blame them for being so unreliable?
The logic of decentralization isn't flawed; it all depends on whether you dare to own your keys.
Bank failures, government collapses—your crypto wallet is always yours.
Not experiencing that system might actually be a blessing, jumping straight into Web3 thinking.
Rather than betting on the integrity of banks, it's better to bet on your own technical skills.
Losing your private key is your own problem, but at least it won't be frozen.
Decentralization sounds ideal, but whether it's truly reliable, I’m still pondering.
Recently, I heard someone share that the post-00s generation might really not have experienced that kind of thing, and they don't even quite understand why they should hold gold. In their eyes, crypto wallets are actually more reliable than traditional banks—at least they control their private keys and don't have to worry about institutional risks.
This view is quite interesting. Thinking about it, it makes sense. In an era of nihilism, our trust in various centralized entities is declining. Banks, governments, large corporations—any of them could experience a black swan event. Instead of putting all your eggs in one basket and betting on the conscience of institutions, it's better to choose decentralization—take control of your own destiny. That is the true value.