This quote is a reflection on the transformative potential of cryptocurrency and blockchain technology. It suggests that the success of crypto doesn’t lie in its capacity to empower individuals, but instead in its power to improve institutions.

When we talk about “better people,” it’s a reference to the individual benefits that crypto can provide, such as wealth accumulation or financial independence. However, the quote suggests that the true value of crypto isn’t in these individual benefits.

Instead, crypto’s real potential lies in its capacity to create “better institutions.” This is a nod to the foundational principles of blockchain technology, which is the technology underlying all cryptocurrencies. Blockchain is decentralized, transparent, and secure, making it a powerful tool for improving the efficiency, transparency, and fairness of institutions.

Institutions here can refer to a wide range of entities, including governments, corporations, and non-profit organizations. For example, blockchain technology could be used to create a more transparent and secure voting system, reducing the potential for fraud and increasing public trust in the process. Similarly, it can be used to create more efficient and fair financial systems, reducing the need for intermediaries and making transactions faster and cheaper.

Applying this idea to today’s world, we can see how crypto and blockchain technology are already being used to improve institutions. For example, various governments around the world are exploring the use of blockchain for everything from supply chain management to tax collection. Similarly, many corporations are using blockchain to improve their supply chains, making them more transparent and efficient.

In terms of personal development, this quote can be interpreted as a call to focus on systemic change rather than individual gain. While it’s important to strive for personal improvement and success, real change comes from improving the systems and institutions that shape our world. This could mean advocating for changes in your workplace, participating in community organizations, or even starting your own business that embodies the principles of fairness, transparency, and efficiency that blockchain represents.