RE: IMF Chief See's Promising Future for Blockchain and Crypto
Blockchain is here to say, that's for sure. I am a little worried about the fact that all the governments are making this noise that they like blockchain. At the same time they try to subdue crypto's. I mean how does a regular guy even get access to the blockchain without actually buying some crypto or earning some by doing work or even by using platforms like Steemit.
Although IMF chief might share a positive opinion but it's largely a matter of how individual governments treat crypto - speaking short term wise.
There is also the matter of FUD and FOMO cycle. The FUD cycle has almost run out it's phase and FOMO would be soon setting in. Newbies with dreams of making a quick buck would be coming to the market very soon. When the next FUD arrives 90% of them would run away but 10% would remain behind to learn and grow. This 5-10% is the crowd that I call the 'smart ones'.
They are ones who would become the foundation of the next growth and would reap the benefits of the patience.
a world of teacher's and students - always both.
Investigate and keep what's good.
Share the good shit!
Ya government of today we could say is less than stellar - though it's arguably the best we got to work with at the moment. Fighting the governments is futile. Government is like the parent of a country who dishes out the 'allowance'
Way too many people fear and worry about what governments will do ...and not enough attention and time spent actually governing our individual lives.
It's just really dawning on me that I've never really tried to get a favorable allowance from my government. There's a lot of funding being dished out every year for those with the patience to go through the paper work. I saw for example blockchain crypto startup AION got 16 million from the Ontario government of Canada. I'm also reminded of elon musk and how much funding he has milked from the governments tits.
Maybe I'm ranting a little bit - I enjoy your comment and thanks for sharing and adding perspective here.
' Government is like the parent of a country who dishes out the 'allowance''
Shit....................the analogy so apt that it's making me both laugh and think at the same time:-)
hahaha