Crypto as Metals: The Hidden Infrastructure Behind the Hype

Not all tokens are stores of value. Some are pipes, cables, and concrete. This is how I began to understand crypto not as speculation — but as the foundation of a new digital civilization.

It’s easy to dismiss crypto as noise. Meme coins. Price volatility. Scams.

That was my default stance too — until I stopped trying to predict prices and started asking a more fundamental question:

What is actually being built here?

That shift led me to an analogy that changed how I understand crypto:

What if tokens aren’t just financial assets? What if they…