I've been watching the crypto space pretty closely for the past couple of years but this summer was the first time it appeared that the big institutional and corporate money started flowing in, in earnest.
Even NFT's were kind of suspicious to me for a long time but they've really become established as a key asset for land parcels inside 3d virtual worlds (a.k.a. metaverses). Crypto tokens and NFT's have become a perfect way to keep track of all of the transactions inside computer games and 3d worlds.
Of course all big governments have resisted cryptocurrency, as one might expect, but once they regulate it and start getting a piece of the pie for themselves, they'll change their tune.
It's kinda like how state governments were all against legalization of weed until that industry grew like crazy and they all started stumbling over themselves to get a huge chunk of it via state taxes!
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