Do you know the difference between "speculative" crypto and "earned" crypto and how this relates to crypto-based commerce?

Founder, CEO of Coinable Inc coinable.carrd.co

We can define speculative crypto as crypto bought for speculation, i.e. in anticipation of price appreciation/depreciation and driven by a desire to make "fast" money. We can argue that this takes the bulk of the current % share.

The appetite to spend for speculative crypto is highly correlated with mtm, and one can argue sensitivity is not linear nor symmetric. Simply stated, if one is down on a trade, the likelihood of off-ramping crypto for consumption is pretty low. If one has lost it all, the propensity to spend is 0.

Now think about the frame of mind associated with each.

Earned crypto, is crypto earned as a result of work, which can include income generated from participation in any of the X-to-earn applications, staking, as well as the traditional work-to-earn activity of having a job that pays out in crypto, with an increasing trend towards earning stables.