What The Future Holds For Us - Crypto is a bubble!! It Has No Value!! Really?
I keep getting told time and time again by people that Crypto and Bitcoin is a bubble, it has no value, it will all end in tears etc etc yawn yawn.
Here is my answer to them all................
Just like my son and children all around the world, they are the future.
Well, guess what.
Crypto is the future also and hear is why:
The real scam and fraud is not crypto but instead the banks, fiat, even the $ its self.
Many would have you believe that $ is the only real solid and valued investment.
However, what is actually backing up the dollar??
In the 70s the gold standard went out the window when it finally occurred to the powers that be that there wasn't anywhere near enough gold to back the vast amount of paper fiat that was being produced.
It is a fact that there is nothing backing the $ except for the belief you have in the piece of paper.
Here is a chart I found which shows some of the world debt as of October 2017.
You can see the full article here: http://www.visualcapitalist.com/63-trillion-world-debt-one-visualization/
As you can see many countries are TRILLIONS of dollars in debt!!
Even if these countries decided to reclaim every single bit of fiat from around the world they would still be in debt.
So I find it very interesting that we still continually see FUD on the news, web, radio etc about there stance on crypto.
All the while they continually capitalise on people selling there crypto and not to mention many countries now building there own blockchain technologies.
Now back to the original statement:
Children all around the world are the future and technology is a huge part of that future.
They are interested in technology more and more.
Look how far it has come in the last 20 years.
Here are just a few of the advancements in technology regarding kids toys.
From this....
To this....
And this....
To This......
So you see they are not interested in the scam's banks call term deposits or commodities that will potentially crash when the world financial system crashes..
They are interested in technology that's going to better the future and so am I.
Blockchain is the future
Crypto is the future
Children are the future
Dont believe the FUD the media feeds you, keep your coins, HODL and finally buy the dips.
Rant Over :-)
Thank you for reading.
Take Care and good luck
Furn
None of my friends and family believes in cryptocurrency, i am alone in my cryptoworld but when they tell me i'm just losing time playing with cryptocurrency because it's all a lie, i just tell them to stop going to church, you can't see god, you can't feel him but you still believe in god. For us, it's almost the same thing. It's not because we can't see or feel our cryptocurrency that we don't have the right to believe in it!
Brilliant!!
Absolutely spot on :-)
Your not alone, we all have each other (Crypto Lovers)
It is getting adopted more and more and soon everyone will be asking you your opinion on which coins to buy I am sure.
It is exactly the same thing in my opinion, we invest in coins and projects that we believe in.
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Truth is that the value of crypto's is extremely hard to pin, the value is driven by hype more than anything else.. and hype has a tendency to suddenly end when at it's peak.
Crypto's will survive in some form, and probably reinvent itself in the proces, but the market will see a slaughter first. We are not anywhere close to that yet though, it's still in the early adoptation phase and the cattle still has to enter the market.
Great comment and I agree with you.
Whilst most of it is driven by hype there are a lot of coins on the market which are working products and have actual value, whilst others are trying to build that.
That's why I only invest in coins which are built to last (Hopefully) coins which are not just based on hype and other crap like Doge coin and the many hundreds which just get pumped and dumped.
I also think we saw a lot of new people enter the market back end of 2017 and panick sold in Jan.
Hopefully they and the bulls will be back :-)