The crypto world has developed into much more than trading and investing. It has transformed the life of and the sense of self for millions of people. Has crypto turned into a lifestyle on its own?

Crypto can be a way of life. The crypto industry is growing a strong community of like-minded individuals sharing a dream of becoming personally and financially free. This tight-knit rebellious community sees the weakness of the fiat system and focus on the right of the individual. The villain is the faulting traditional economic system and the hero is the promise of a deflationary currency that will give the power back to the people. Hackers and fraudsters as well as traditional media that spread misinformation are also baddies that crypto fanatics can fight together. Moreover, the life, behavior and conduct of a crypto enthusiast can be way to establish a sense of self and personal identity.

Establishing a sense of self and personal identity are important building blocks for mental health and happiness in life. The crypto hype shows that many people are turning to the crypto industry to strengthen their sense of self and personal identity. There are 20 000 different digital assets that are both useful and useless and crypto enthusiasts can easily find what they believe in and identify with. For example, being part of the Cardano community can show that he or she believes in the value of a blockchain that strive to help Africans who are unbanked. Whilst owning a useless meme-coin could be a way to portray the light-mindedness and rebellious side of oneself. Many crypto aficionados start their own youtube or twitter account to become crypto influencers. Crypto fanatics discuss nerdy issues such as inflation and bitcoin halving and use slang such as OG and HODL.

OG means someone who has been in the game for many years. HODL means someone who is holding on to their digital assets regardless of the swing of the market. The industry is creating a cooler image than traditional finance which favors university education and use a strict dress code and stiff expressions. However, crypto meetups are a mix between people who dress in suits and hoodies and caps and people with various levels of education.

” Belonging to a crypto community is a way to find yourself”

The crypto industry has clearly provided an opportunity for people with different socio-economic backgrounds to create wealth and a sense of self. For example. It is interesting to hear the self-confidence in the voice of someone expressing their knowledge of macroeconomics that they have gained from joining the crypto community. Anyone can buy crypto and join a crypto community. Young and old. Uneducated or educated. Rich or poor. It’s a lifestyle for the people. If we highlight crypto as a lifestyle the industry might grow even stronger. Millions of crypto devotees can feel a sense of belonging and find increased meaning in their lives by joining the crypto space. Lives are being improved with crypto. Let’s share the stoke of riding the crypto wave.