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RE: A Utility Token is a Unicorn
Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble
Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble
Three Chinese curses:
Thusly,
When it rains gold plated spontaneously exploding canisters of razor blades, prepare well your vat of cyanide-based stripping solution, and plan well for hazardous waste disposal.
Clawbacks and the labeling of black money as facilitating terrorists will become more and more inescapable and ubiquitous throughout the world. Lunch money citizens of formerly Communist regimes might presume this dog-eat-dog lawlessness is just a normal way of life. But for anyone of significant size, the larger gangster swallows the smaller one. Shall we leap off the flaming protection-of-law in the West into the pit of gangsters of the East? We in the West are caught between a dying system that will eat us and a competing system that will subjugate us.
Kudos to those who find opportunity and sustained success in the chaos. I believe that those who focus on creating value for society, will be better insulated than those who try to misdirect resources into failure. Humans of all stripes seem to appreciate humans who expand the pie for the most. Be wary though of the swindlers-in-sheepskin who want to steal production and frame the producer for resultant failure, i.e. the moral hazard of privatizing the
profits[thefts] and collectivizing the losses.