The bubble is in the traditional / normal universe.
There is no bubble in crypto metaverse, because crypto shall disintermediate much of what we know in all items traded on exchanges and exchanged between one person and another
Given so, on the equity markets and in the bond exchanges there are zombies walking, and on the crypto exchanges and in the PE / VC space there are ventures brewing, even as PE / VC sectors are being cut out
The insurrection is unstoppable, and for those societies that try, they shall be put-a-fork-in-it done-done
When reality alters, we must change, else we are done-done
I am flabbergasted and flumfluxed that a conservative-size investment made a year ago all of a sudden becomes my largest ever single investment in any venture, and equal to all of my rental real estate. Obviously either something is not quite right as I understand right, or I misunderstood a lot of things I never bothered to investigate.
All crypto is is blood cells that make an organism go, and the organism can be anything, mostly expressed as tokens, apps, platforms, and ways of business. Suppose back in 1986 Microsoft launched a MSToken that can only be used to enable its Office work, and Apple did same w/ MacToken, and such tokens are coded to receive an amount of toll for every use of any software requiring such Token, how much would the Tokens be worth?
Sure, a lot of Tokens shall die, but of the survivors must be some Amazons, FaceBooks, Netflix, etc etc
Speaking of which, unless the Amazons embrace crypto, it be done.
I am no longer sure that gold cannot be disintermediated or otherwise made obsolete. Am not saying I shall unload my gold. Am only pointing out the obvious trend that gold has devalued against BTC beyond recognition, and so we must consider the possibilities that easier prey shall drop like flies if even gold can be hunted down and devoured.
I am now dutifully, per call of duty, lining up in the waiting room 5+ hours ahead of appointment, to try to gain a spot in the queue for $500 sports ticket for some Mina tokens, because who can know that Mina would not zoom by 100X or more?
Lottery. |
