What does a truly vibrant currency need? The ability to resist inflation is fundamental, making it difficult to be arbitrarily issued. Next is asset security—hard to confiscate or freeze. Seamless transfer across geographical boundaries is a necessary condition in the era of globalization. It can be used without permission, unafraid of censorship or restrictions—these are the qualities a modern currency should have.

The key transformation occurs on the basis of trust. Under the traditional financial system, we are forced to believe in the judgment of political decision-makers and central institutions. In the world of crypto protocols, trust no longer comes from human promises but from the ironclad rules of mathematics and code. Trust shifts from discretionary power to cryptographic guarantees. This not only changes the way money operates but also redefines the very meaning of money—it becomes more objective and less dependent on human subjective will.