Jesus!

Jesus: Leave me alone.

And here we are again....

If people are really this mentally incapable, how'd they get a house in the first place?

Time to buy the dip!!

I bought the dip.

16000 LUNA for 100 dollars.

I lost 18 dollars in 2 mins.

It's okay...

It's not dead.

It's just resting its eyes.

Make that 27 dollars in loss now.

When it wakes up...

People are insane, aren't they?

Money that they don't have - money for food, mortgage, rent...

It is sad.

But, what is the saddest of all is that these same people who have poured billions into crypto as a whole, put it into projects that don't actually do anything - don't have any real usecase and no community behind them, other than the tossers on Twitter and Telegram trying to pump their holdings.

But remember,

the price of a token isn't real.

Yeah, the market cap can be 100B, but once that sell starts, only one can sell the top. Whatever your stack is worth, it is highly unlikely that you can sell it for that, unless you don't have very much to sell. A whale dumps and it takes out the top 50% of the buys and the market plunges - then people follow suit in a panic... down, down, down....

32 dollars down.

But just imagine....

What if instead of buying into these random tokens, they instead put their funds into projects that are actually doing something, that have a product, that have real potential? It might not be as glamorous, it isn't likely to create millionaires quickly, but it would start to build an actual industry that doesn't rely on only buying a token and hoping it goes up to sell.

A few billion into HIVE and suddenly there is a social media that is paying out millions to creators every day, attracting all kinds of developers to improve and create usecases and pulling in users to fill them. Endless tokenization model potential, no fees on chain, tiny fees off chain and a high degree of decentralization, with tested governance models, fast transfers, secure wallets, highly utilized games, multiple interfaces, communities, DeFi aspects and further potential - all in one place, but a place that can be built to be anywhere and look like anything.

Down 58 dollars.

But... people don't want to build, they want to sell.

Most people in crypto, aren't interested in crypto. All they really want is to buy crypto so that they can sell it for a better "fiat life" - A life that they haven't been able to manage in the world of fiat. Investing into sustainable growth is just too much trouble, it takes too much time, too much effort, too much patience.

And, because most people aren't business builders, they are going to continually be employees, dumping what they can into get rich quick schemes, like old people buying lottery tickets.

This could be the one!!

The average person looks at the world's richest and believe they should use all that wealth to help humanity, not be greedy - but given the opportunity to help humanity and benefit, the same average person buys a shit coin in the hope it will pump and make them rich.

The gall of some people

But, people don't get it, do they? They complain about the development on Hive, while they dump their money into tokens that have no development. I mean, Jesus....

Jesus: I said, leave me alone.

This world is a mess.

We are messy.

At some point, I hope people wake the fuck up and realize that if we want to have a better world, we are going to have to build it. Building a better world doesn't take money - it takes value. Value comes through resource materials, tradeable skills, ideas and sweat. A stock isn't valuable because people buy it, it is valuable because it should represent the value of the company it is tracking, the products, the demand, the willingness for people to put in the values they have to work and ear, a value of another kind that they can trade for the work of others.

That is economics. That is how people share. That is how a tribe works. That how two tribes share resources. That is how the entire society functions - it is a series of value trades between people who own the value and are willing to part with it, whether it be something they made or a skill they possess and their time and ability to apply it to create something of value.

Pretty simple. It isn't rocket science -

but those rockets are made out of value.

You buy the hype and you are going to get FUDded, but don't apply the FUD to the entire future of the industry - it is bullshit. Crypto isn't dead, but many, many of these tokens and "projects" are going to die - because they aren't projects in the business sense of the word, they have no product endgoal, they have no workers building, they have no demand for any goods or services they offer - there is no clientele - it is just the exchange of tokens, even though there is no real value in possessing them - not even a perceived value in most cases.

But who cares about the value of crypto....

Everyone just wants more fiat.

And that comes at a cost.

67 dollars down so far.

I am going to lose my home!

78 down

Nuts.

Taraz
[ Gen1: Hive ]