Nope, the fundamentals have not changed.

You may have seen the comments, videos and news reports on the web and/or TV telling us the fundamentals have changed for some reason or another. Usually they claim that because there's a recession, all cryptos, but Bitcoin in particular has failed.

This couldn't be further from the truth.

Bull and bears image created w/ Stable Diffusion (DreamStudio)

  1. One unit of a crypto, be it Bitcoin, Hive, Ethereum, Lumen always be one unit of that crypto, and there will only be as many coins as the creators of the coin have set in the code of each blockchain.
  2. Decentralized currencies are like cash, but better. You can not stop them, nor can you reverse or change their recipient once they have been sent. Money is expression, and there is no censorship of free expression on sound money.
  3. It is your crypto, your money. (Remember: Your keys, your money. Not your keys, not your money. Don't store your crypto on exchanges or web-wallets, use a hardware-wallet, encrypted usb-sticks and memory cards, or a phone or paper wallet if you must!)
  4. Even if the price crashes, you can still use (send/receive) your crypto. This will not change.

The same fundamentals apply to every other cryptocurrency.

The only thing to worry about in crypto is centralization and losing community control to external parties like governments or corporations.

Choose wisely.

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