Sold STRAT a while ago.

And the cheerfull optimism has been replaced by confronting realism.

Superior technolgy sometimes gets undervalued

Blockchain technology like Graphene and Chainbase are the fastest and scale best. Yet it seems to be the story of those video recording systems from the past: Betamax versus VHS, where Betamax was the better one of the two. And Philips created Video2000 back then, that also was a VHS beater. Yet, VHS became the most popular, even being inferior, to both SONY and PHILIPS products. The reason? The adult movie industry, that is what made VHS extremely popular. And there was only one moviestudio who got that: Disney. Others were affraid the video-recorder would take a huge hit on their movie theater market turnover.

Disney released Pinnochio as their first movie on VHS. Which was thought to be a funny wink to the adult industry: "Lie to me Pinnochio, lie to me..." The release of this first Disney movie on VHS was a massive succes. And instead of lowering the turnover, it added a big revenue for Disney. And in the family homes the VHS hardware came out off the hidden closet, and became visible. Because it was also used for Disney movies, that were fun for the whole family. Although the other movies were still hidden behind locked doors, of course. Now the others noticed that Disney made a golden move. They could still release feature films and had a whole new market added.

According to some Betamax lost due to import restrictions. Yet the secret of the real winning succes for VHS got widely accepted and spread because of the adult industry using it for distribution of their productions. Whether one likes that fact or not is of far less importance. It is the clue, the knowledge behind it all, that there is more to mass acceptance of a technology than it just being superior. Even if it is better, faster and cheaper, can make it a less significant player in the whole field.

Stratis was one of my shames

Now I had bought some STRAT. Because I liked the name, it reminded me of Stratocaster, which is pretty Rock 'n Roll. And just like when I bought PIVX, it almost dropped in price the same moment. Maybe it was not like a cool Fender guitar then? Now, there is a token that would rock, by the way... Sold STRATIS just like PIVX. Reason being that I dislike PIVX, it is just another DASH, and that I dislike too, just like ETHER or the Classic version of that. STRAT was in fact connected to DOT NET, by Microsoft, just like Ripple and Steller Lumen are connected to the banking realm and they are advertised it like that. Well, maybe not that bad, they are the worst kind. Totally opposite of the legendary Satoshi Nakamoto wanted to create with Bitcoin. Freedom of choice, supporting yet another bankers monopoly on currency, or go for the decentralized free market. Same goes for big multinationals, let them control blockchain technology, or go for true liberty.

So, when I found out more about Stratis I sold mine, even if I had lost some of my trading profit. It just feels wrong to support a Microsoft connected blockchain product. Even if it is just based on DOT NET technology. And then what happens? Yes, the market got pumped badly, pushed for a sell flood and hey presto, there was the dump. All in the red. It will recover though, slowly and steady. Lots currently fading out slowly to a more stable value, just before the next climb will come, I think. And which one is gaining a lot? Yes, STRAT, of course... Like I wrote before, the one I sell, others better buy.

It is like I used the AMIGA computer first, then made a sidemove towards Windows and finally moved to GNU Linux and Free Open Sourced software. In the beginning of Ethereum I was curious, even had one of those first User Interfaces running. Disliked it, using GAS, that went wrong a lot of times and it was slow to use. Even had some ETHER left when I just dumped it all. And of course I saw it pass the 200 US Dollar mark, but I know I did not keep the data to recover that wallet. Would not even want to! Some things I just refuse to do, even if there is a lot of profit to be made. Because every time I support Ether, or Stratis, I support inferior technology. Every time I would use Ripple or Stellar Lumen, I help the banks get more in control.

That might be me halucinating

It could well be that I have a fever, because of my current cold. Have slept badly last night and I'm a behind on schedule as it is. And it seems my trading skills are even worse than they were before. Honestly though I do dislike Ripple, Stellar Lumen, Stratis, PIVX, DASH, ETHEReum Classic and ETHEReum. Also all those so called smart contracts running on those latter ones. In the past I have bought some of them, but then I ran into Steem, Bitshares and EOS. And I got to understand who superior the Graphene/Chainbase blockchain technologies actually were. Ethereum is only ten times faster than Bitcoin and still it is used for some daring and demanding projects. And Ethereum is at least 111 times slower than Bitshares and Steem!

Yet, what kind of burdons me is that even though these blockchain technologies are absolutely inferior to Bitshares, Steem and EOS, they have been hyped like it was VHS all over again. So, I decided to take the loses for grantage, like it was taking one for the hometeam. For value storage on the long term I still use the spirtual base of all cryptos: Bitcoin, the digital equivalent of gold. And the one that opened the path for the so called altcoins: Litecoin, the digital equivalent of silver. And furthermore I do use Steem and its family member. The superione ones that are proven fast, super scalable, like 3-2-1-DONE.

And now all we have to do, as family communities of Bitshares, Steem, Golos, Peerplays and EOS, is to make sure the people of the world will know it and even more important, use it, easy as pie, like 3-2-1-DONE!

NOTE: Only put in what you are willing and able to lose. Also your speculation might be as bad or good as mine.

Have a good one!

Blockchain blogging - Life on Steem
image cc-by-sa @oaldamster