This article is going to really drive home what is required for success.
We are involved in cryptocurrency. The reality is that most people involved have had lackluster success in life. That sounds a bit cold but it is the reality. This is further emphasized by the behaviors we regulary witness. This is not how the titans of business or finance behave.
Fortuately, we have Leofinance to sink our teeth into. Again, there are a lot of naysayers who look at token price only. Again, look at the source. Unless someone is trading, price means nothing.
Instead, we have to look at what is taking place.
To frame this we will look at some of the greats to see occurred.
Billionaire Private Equity Firms
What do Warren Buffett, Nelson Peltz, and Gerry Schwartz have in common?
The obvious answer is they are all billionaires. However, that is not all that joins these men.
They are some of the originators of the private equity industry along with the use of leveraged buyout. This was something that started in the 1960s.
Hence we are talking 6 decades ago.
In contrast, Leofinance is roughly 3 years old.
Certainly we aren't saying that Leofinance is going to be worth tens of billions of dollars. What we are citing is the fact that it takes time to build anything of value. This is a point missed by those who are looking for the quick buck.
Leofinance Potential
What is the potential of Leofinance? In other words, how big could it become?
This is obviously something that cannot be answered. One thing we know is the size is not going ot be too large in a year or two. Instead, where could this project be in 10 or 20 years?
That is the timeframe of massively successful enterprises. How many on here actually thought about building something that is going to be around in 5 years, let alone 2 decades? This extends throughout all of cryptocurrency.
The merging of social media and finance is going to be enormous. Elon Musk sees the potential. It is time for those on Hive to realize some of us are seeking to duplicate what is taking place. There is no mistake regarding the term "Everything Applicaiton".
Basically, it is a concept that is much bigger than LeoThreads, Cubfinance, or content creation. All of these are pieces of the whole.
What are the possibilities when we consider:
- lending
- funding
- exchanges
- synthetic assets
- DAOs
- liquidity pools
Imagine, if you will, as Leofinance being a crypto-private equity firm that invests in other businesses. Think about that combined with a full plate of [financial services])@leoglossary/leoglossary-financial-services_ that all feed into the same pool.
Billions In Value
Many will find it hard to wrap their minds around it. How can something like Leofinance be worth billions of dollars?
The reality is we are going to see market capitalization on companies and projects into the trillions. Apple and Microsoft are already worth $2 trillion. We are going to see a $10 trillion corporation (if not many) by the end of this decade.
Cryptocurrency is designed to capture value. The key is we are dealing with a global system that can be accessed. By building on Hive, we see some features at the base layer that can be utilized for massive value creation.
Someone is going to spend their develor talents on creating something of this nature. Understanding the blank canvas that is out there is a pig piece of the puzzle. This means adopting a completely different mindset.
Do you think Leofinance can achieve billions in value? To achieve this, it has to deliver an equal amount in return. Here is where the blank slate of cryptocurrency and a new financial services industry can be leveraged for huge gains.
When given the opportunity to embark upon something completely new, it is vital to embrace what is presented. This is often limited by the mindset of people involved.
It is time to take the shackles off. Each on Leofinance has to decide the level of commitment that is to be applied. Extractors are not what is required.
To achieve what the titans in other industries did, we have to be willing to go all in to achieve similar ends.
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