Pasteurized Beer, Craft Beer And Altcoins
When I was younger, I didn't really like beer. It was a necessary ingredient of my student life, as rich in parties as any other student life. But I wasn't craving the taste, to be honest. It was just the fact that beer was the cheapest, most abundant alcoholic drink available. It was the era of cheap, almost tasteless, pasteurized beer.
As of lately, probably during the last 2-3 years, something changed. I don't know if it was me, or the rise of manual, craft beers, but fact is I became more interested in experiencing smaller amounts, but more flavored, tastier and as exotic as possible. You can say that I started to become a beer aficionado, hunting down small series beers, made of strange or just unorthodox ingredients.
As I was putting together another installment of my markets snapshots, looking at all the tokens in the top 10, something hit me: I suddenly realized that Bitcoin, the mother, father, grandfather and almighty ancestor of all cryptocurrencies out there is just like pasteurized beer.
It's available everywhere, everybody knows about it and, supposedly, it will last longer. Just like pasteurized beer is something that you can resort to anytime and it does preserve its taste longer. The downside: it’s a bit dull.
On the other side, craft beer is most of the time unpasteurized - which means it doesn't last as long as pasteurized beer - and it has a gazillion of flavors. You can get it more nutty, fruitier or drier, stronger or weaker. It's more diverse, just like humans are all different from each other.
The altcoins are just like craft beers: Some people like it more floral, others like it more strong, closer to wine. There is a taste for everybody. What’s keeping a craft beer afloat (or in the market) is the community, or the people who are using it. Just like the altcoins.
There’s no “intrinsic” value to a coin. It’s all generated by the people willing to use it. It’s just an agreement. From the moment of price discovery, in every token exchange, a currency is valued only by agreement.
Just like you enjoy a good craft beer. It may seem really tasty to you, but dull to others. That doesn’t necessarily mean that that beer is not good. It just mean they don’t like STEEM. And they have all the right to do that.
But as a long as there are enough people using and exchanging STEEM, we will all drink an exquisite craft beer.
image source - Pixabay
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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Variety is the spice of life.. we will bored with the same taste everybody, so to enjoy life more we need to balance between Pasteurized beer and Craft Beer according to our urge and satisfaction. As long as we are satisfied , it doesn't matter whether others like it or not.
That sounded familiar...
I'm a big beer lover myself and lucky me I live in one of the best beer countries in the world: Belgium.
To draw another parallel with beers: some need a lot of time to get perfect, relying on timely processes to near their perfect taste, and others are just for quick consumption because the longer you keep them the worse they start to taste.
Belgian beers are awesome. I love them because of that special taste which is almost a little bit grassy. Memo to myself: tomorrow buy Belgian beer
They are, there's one for everybody. Which ones do you like?
for example la chouffe because it's one of the first that I tried (and I love the bottle which is more like a wine bottle) and the grimbergen dubbel (ok and all the other beers from grimbergen haha)
I want to brew one myself in the future but I need more room first because it takes a bit more time to mature.
I like those as well. Big brands are easier to get abroad. Personally I'm very fond of most of brewery Huyghe.
Brewing indeed takes time and experience. Good luck and try not to poison yourself ;-)
This is a surprisingly apt metaphor. It actually works. Beer will survive on regardless of how long any one craft brew is here for.... So too can the concept of cryptocurrency, or perhaps of Bitcoin itself, outlast all other altcoins. And thats not a bad thing
Great analogy Dragos. I suppose we will all enjoy steem as long as there is still some steem left in the reward pool after bots have had their share ;)
But as a long as there are enough people using and exchanging STEEM, we will all drink an exquisite craft beer
Steem is the sweetest beer ive ever tasted according to your analysis lol, and ofcourse i wish the taste will only get better. Have you seen the latest update? Steem has gone bull over the sbd, this good?
Yeap, I consider this a sign of "normality".
Clever comparison and it's true. We usually say that the true value of a thing is how much people are willing to pay for it. We now have more altcoins than crafted beer in the market, each promising difference flavors and taste but it's us that determines what we want and what shouldn't stay up.
I highly doubt that, but I look forward to the time when we will indeed have that variety in the crypto universe.
Interesting analogy @dragosroua. I was a imbiber of "real ale" before the rise of the craft beers and have always disliked, and wouldn't drink, the pasteurised stuff! 😊
Indeed, a well-enjoyed pint of craft beer is superior to a case of cheap mass-market lager. The variety and inventiveness of craft beer is astounding. Unfortunately, too many altcoins are just me-too also-ran wannabes. Craft beer has better odds of success.
Humans have always being fasinated by varieties...Its one of the things that,we still value from our primitive age..Whats your flavour?
Cheers to an epic life on that note ;)