Cryptocurrency Eliminates The Fear

in steem •  4 months ago

Are you afraid of what is going to happen in the future?

While I am extremely optimistic about technology and what is going to happen, there is going to be a cost. I fully believe technological unemployment is something that we are going to have to deal with, hence, the cost is jobs. People are going to be replaced by automation. Some still maintain that technology always created more jobs than it destroyed and this time will be no different. I disagree. We never saw the pace nor the type of technology that will result from things such as machine learning.

That said, I am extremely confident about my situation. I am not a wealthy person still having a job to pay my bills. However, I fully believe in two things. The first that being in cryptocurrency at this time is going to provide a handsome reward to those who are amassing tokens. Secondly, we are going to have a tokenized world which provides a crypto-income for everyone.

Some might take exception to this.

They feel that cryptocurrency is going to be worthless.

That is not true since it is tied to blockchain.

Some claim blockchain is over hyped and really not going to change much.

Most likely an untrue belief but we will go with it.

What cannot be disputed is the fact that crypto-economics is here to stay. That is why tokens are going to be valuable in a couple of years. It is also why Wall Street is aching to get into this arena. Have you ever seen so much effort put forth to enter a $250B market. This is roughly 1/28th the size of the gold market , something that most of Wall Street ignores. So why the attention to this?

The answer is simple: the potential is enormous.

What do you think Wall Street will do when they get their hands on security tokens? Can you see what these rascals will do once they realize that they can sell this in any amount to people all over the world?

I can assure you those MBAs in finance are already working on stuff that we can only dream about. They will use this model to fund everything they can. Justin Bieber's next tattoo will be a liquid market.

There are many naysayers, mostly people who just listen the headlines that the MSM espouses. A friend of mine worries periodically about the future since he is of the age where going back to work isn't really likely. He asked me if I have a similar fear?

My response was "not since I got into cryptocurrency".

We are offered an opportunity. Even if one does not have any money to invest, there are tokens showing up on the scene which can be earned. This is a big advantage. Whereas stocks and other investment vehicles are usually open to only those with money, anyone can get involved in cryptocurrency.

We are fortunate on STEEM that there are a few different tokens already available as reward for utilizing the different sites. In addition to STEEM and SBD, we have @actifit and @steemhunt offering tokens for what their applications were designed for. In my mind, this is only the start.

I still see a lot of fear on here. It is understandable since we are in a downward run in the price of tokens. The FUD spread had a big effect. However, when looking at the development, things are only getting better.

Nevertheless, the fact that one is on STEEM and earning some tokens puts one way ahead of the masses. It will take a few years before they realize what is taking place. I am sure that almost everyone will be in tokens, sooner or later. Those are get in early are going to have the leg up.

For those who are here today, I congratulate you. Being ahead of the masses is always a good way to profit. Tokens today will be worth a lot more down the road. This will be most evident when Wall Street starts showing up.

If only we all knew how fortunate we are to be involved at this time. This could be the opportunity of a lifetime for many of us.

Be strong through the FUD, we are leading the charge forward.


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So much FUD, so little time.

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Agree 100% with passive crypto income. Right now are data is being leveraged by corporations, a number of crypto projects look at giving users the ability to monetize their own data - this is just one example of potential passive income from crypto.

I agree. Everything will be tokenized in the future.

Excellent article. I really liked it. You are right, cryptomir is just beginning. Thank you for doing STEEM - better. Good luck to you and Love.

Отличная статья. Мне очень понравилось. Вы правы криптомир только зарождается. Спасибо, что делаете STEEM – лучше. Удачи Вам и Любви