All hail Bitcoin
All hail Ethereum
All hail Cryptocurrencies
Death to shitcoins
First post on Hive, exciting about all the posibilities than this social network and all the Dapps coexisting together.
I believe some of this are in what world wide web was created, at least in his early years, something that a lot of key figures of the web industry have argued through the years... and some spies too
Yeah of course i'm talking bout Snowden. Well he doesn't like BTC too, one of the aspects he criticizes about this, it's the lack of regulation and problems with regulation
The problem with regulation is that, in case of regulation maked by the goverment, we'll go to the same exact point before, a new financial system with the same rich guys.
In the other side, a worse danger of crypto's are the oversaturated that market is.
Full of shitcoins or worthless NFT's, this represents all that it's bad in this market, pure speculation.
This is the future, but first the market have to pull out all that garbage before making mainstream for the average user.
And yes, i wish that Michael Burry hopefully will go wrong this time about cryptocurrencies, but at least in this moment it's difficult to see how he's wrong.
At the moment of this post, El Salvador have accepted the legal course of Bitcoin in their land, but markets take it bad instead of being excited by that; thee price drops 10%. The IMF has criticize this movement,of course El Salvador didn't care about the IMF critics, Bukele thinks this is the future as many other, including us; well he is the only leader of the western civilization that is under 50 years old. Truly the next gen.
Hopefully the best cryptos will erased the evil central banks and some of the corruption of the financial system and yeah, it will erased the abominations of derivatives. (even if some derivates about crypto already exists)
Another thing it's the amount of ETF's that have invested in platforms based on crypto (yeah im talking bout Cathie). Surely is promising, but not in the short term, even with Bitcoin turning 13 years past may, it seems that it will take a few years as i said before general public see ass a currency instead of an instrument of speculation.
Bitcoin to the moon