I love the idea of decentralization, transparency, privacy and all the things crypto offers. All these things offered by crypto represents the true internet, what it should have been in the first place and not the monopoly it has become.
Crypto along with its parent idea blockchain have a tendency to replace so many existing systems to enable a truly transparent ecosystem owned by everyone, at the same time providing security, privacy, anonymity which is user’s basic right.
Take this example:
In India, it is very lengthy to get covered by medical insurance. The amount of time it takes in validating hospital’s credibility and treatment can be seriously significant. What if, there is a single source of records which everyone has a right to check and is validated inherently and the amount is paid in crypto, it would significantly reduce the time it takes for validation by insurance providers. Because blockchain has already validated all the transactions.
This is just an example which came on top off my mind. It might be missing details and has flaws, but the impact, if properly designed and implemented, can be game-changing.
In 25 years, If we come with more such ideas and are able to implement them, with coming advancements in technology, with chips getting smaller and smaller, with speed and power coming in end user’s hands, it is possible to truly make internet owned by everyone. User will own his/her data. Now is the time to start with this, than ever.