Do you think people are going crazy about Bitcoin?steemCreated with Sketch.

in Project HOPE4 years ago

"Do you think people are going crazy about Bitcoin? Imagine how scared they were when they were told that from now on, instead of trading in gold, they would use pieces of paper." Andreas Antonopoulos

No doubt this author has been giving everyone great lessons with what he says, that simple phrase, which begins with a question, leaves minds much more open when he refers to the same fear that exists now with Bitcoin and so many other cryptocurrencies is the same fear that existed long ago when paper started to be used instead of gold or another precious metal...

But what is really frightening is the ignorance that could exist around the subject of cryptocurrencies and blockchain, in many places it has been by some governments in a certain way Zatanized and they make it seem that they only allow to launder money, to use it as a way to finance terrorism among so many other bad things... however is this true?, those of us who are here know that it is not, that its functionality goes beyond this, but equally it implies that we have to walk very carefully when we enter a financial world as volatile as this one.


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Changes are always generators of "resistances" and "fears", that is something normal, it is not for less, it implies that many people go out of their comfort zone and risk to stop what has cost them to achieve, that certainly is normal to happen, now, What do you think would be the main way to counteract that fear?

I will always support the idea that the way to minimize risk in everything besides losing your fear is to EDUCATE US. It is not easy for the human being not to be able to manage everything around him, there is a kind of need to be in absolute control of things, but it is impossible, that is not something that -not even having all the money in the world- we could do.

That is why the possibility of true information without so many manipulations reaching more people becomes more and more important and transcendental. Because, on my own account, I've been able to see that as the price of Bitcoin rises, information as diverse as it is uncertain in the short term begins to circulate.

If someone very new in the crypto-world reads over and over again that Bitcoin is going to reach this next bull run at $50,000, they might say, I should invest now that it's at 17,500, because I'm sure I'm going to make a lot when I reach 50 or more... but Who can assure you that that amount will be the next historical peak in the short term? NOBODY, ABSOLUTELY NOBODY.

This is where the collective madness begins, in investing the crazy, without knowing anything about it and even crazier when we consider that there are those who even ask for loans for this purpose, the madness enters the moment in which we do not think about what we are doing, or we act without a minimum of education about it and we end up being betters more than investors...

Thank you very much for reading me.

See you next time.

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One thing I have noticed most especially this year is that people have the reason more now to believe in bitcoin making the number of people that believe in bitcoin increasing at a rapid rate this year

It is to educate yourself in the first place, then make the move to invest or not.

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