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RE: When blood is on the streets...
I'm not yet sure in my beliefs of what will happen in next 5 to 15 years, but I tend to think that current crypto kings will fall to new technologies, which could render hodlers empty bagged. I think that current consensus mechanisms are too expensive and flawed by fact that more capital gives you more influence in consensus. Maybe it will be replaced by technology where a man has same influence to any other man, something connected to DNA, not to the staking amount or minning power.
All animals are equal ? Right ? :)
What the mother nature teaches me is - the power always wins. The power . The experience. The right habits.
With FIAT - billions of people has no voice. Are never heard. With cryptos - at least they will have choice to choose, to vote. At least - vote with their feats.
DECENTRALIZATION is what will drive this planet ahead. What ever the money will there be. Money is not #1 thing.
Decentralization ( a true 100% decentralization in everything) is what matters.
What will make this world different. And better.
Not sure if you have fully understood my point. As a man with empty pockets has no influence now, he will not have any influence in crypto consensus, because he cant afford staking or mining. Yes, this partial decentralization might be better than government issued FIAT. But it is a partial decentralization, because consensus will be in the hands of fragment of whole population which affords staking or mining.
I am talking about technology, which would give equal vote in consensus no matter if you are empty pocketed or billionaire. And when it will emerge, there wont be clear invitation to switch investments from current crypto kings to new technologies. Kings will gradually decrease in value, leaving many people with hope of recovery until they realise what they have missed and why their investment is not worth nothing anymore. Of course its just my insight on quite far future. Happy trading till then!