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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: maceng2 who wrote (187666)	5/17/2022 4:26:30 AM
From: Secret_Agent_Man	1 Recommendation Recommended By maceng2 Respond to of 218054

it still very early indeed

To: maceng2 who wrote (187666)	5/20/2022 10:22:37 PM
From: sense	3 Recommendations Recommended By maceng2 Pogeu Mahone SirWalterRalegh Read Replies (1) \| Respond to of 218054

I'm sort of the opposite... Having been "following" crypto concepts since before they were born... But, the diversity in innovation is impossible to keep up with now... and I don't try... so making no claim to current expertise here... I do agree with you though... that the current market events are likely to prove to be the watershed in crypto as the events of 2001 were the filter for the dot.com bubble... But, Amazon, in 2003... didn't really have state actors seeking to bury them before they could succeed ? Amazon (et al) had the benefit of being able to compete with brick and mortar stores... when brick and mortar stores had to pay sales tax... and Amazon didn't... Crypto has had a similar "advantage" enabled... in having the regulators being forced to back off and let them fund their development efforts by running Ponzi schemes. That's unlikely to prove a sustainable benefit... and is unlikely to generate any sustainable advantages in the way that a waiver of taxes, until not, was an advantage with residual benefits. Crypto has been lured into adopting a "designed to fail" funding mechanism... only a handful of them very likely to survive regulatory changes pulling the plug on Ponzi funding schemes... As in 1999 - 2003... I think it will be useful to watch and see who the "winners" are in the space... but, I'd define the space more broadly then "crypto" as money... rather than some hybrid of defi and blockchain technologies that fosters delivering on the promise of what crypto was supposed to enable... but has largely failed to deliver. The CBDC efforts... appear intent on exploiting the innovations that have been made... to advantage the money changers at the users expense... I think those efforts are wasted... as the point of the innovation in better exploiting others... is no advantage... either to users, or to a system dying in result of the mass of too much exploitation enabled with regulatory capture fostering it... The good news is... I don't think there's any real reason to hurry... or participate at all... given "wait for it" while minimizing risks... is far and away the better plan in addressing "future" opportunities... in the current circumstance. I have a few opinions about "what might work"... but don't see any of that being put on offer, just yet... I expect there may be regulatory intervention soon that most crypto kiddies are not anticipating properly... And, that is likely to drive a wooden stake through the heart of most of the Ponzi funding schemes... It's also likely to create an entire generation of pissed off crypto warriors... with consequences that we can only guess at now... But, having events they control conspire against them... to have the mask ripped off the bankers friendly facade... appears an emergent resulting reality the development of which proceeds apace... in a world that no longer needs bankers at all... But, the one thing they excel at... is kicking cans down the road. They've been kicking this one along for about 35 years now... ? So, probably need to recognize that... "it's not going to happen"... until a confluence of events occurs that not only ends the fraud of debt based fiat currency... but also ends the banks fiat derived utility, by ending the fiat power that conjures them into existence and preserves them, by law, even in spite of their best efforts to destroy themselves... So, a 2008-like financial crisis... out of which we "do the right thing"... and kill them off... instead of the opposite of the right thing... as we did back in 2008 ? Short of that... I don't see the time being "ripe" to enable the success of alternatives...