After Luna fell, discussions about crypto escalated sharply. For many, Luna is new evidence that crypto is too volatile to play an important role in the financial system. To me, it’s confirmation that I’m spending my days on something important and right.

The world is facing a currency change that relates to us. The world is being digitized. Our trading patterns mean less need for different currencies. That’s why crypto emerged.

And while the internet grew by 63 percent per year from 1990 to 2000, crypto grew at more than 113 percent per year. By the end of 2022, 600 million of us will be using crypto. During 2024, more than a billion.

With such growth, and an increasingly digital world – should we be left on the platform with notes in hand? Or should we let the authorities contribute with control routines that make crypto easier and more user-friendly for all of us?

I believe that the central banking system, as we know its regulations today, must be changed. Banks should be seen as more independent – but regulated.

Regulation preserves equality and value – especially for people from the lower classes. Today’s 1.7 billion unbanked people are critical to bringing into the financial and digital world.

Should we use crypto to increase financial inclusion? in Africa, for example, there must be a digital currency that is backed by the national currency at all times. One on one, 100 percent.

With a solution that is always under regulation, with banking support, and a one-to-one balance that is continuously revised, there will be no possibility of a collapse like what happened to Luna.