Crypto Currency Gloom? There are a lot of interesting things happening, that you maybe need to look past the headlines from crony news networks to appreciate. Jack Maller moving Strike to El Salvador. Good Move. Bitcoin miners making tons of money with ordinals. Also Good! Miners will hopefully use profits to buy and move more miners to more diverse locations. Ordinals will pass, or someone will develop a better way to inscribe them onto the Bitcoin network without it jamming up the Mempool. Average Joe’s like me and you accumulating 1 bitcoin wallets. Forget the Whales. They and Wall Street are just here to manipulate for trading. Who needs them. Bitcoin doesn’t need them. Works fine without them. A stagnating USA maybe beginning to wake up and smell the roses, of past failures with old regimes. Out with the old, and in with the new. Bitcoin is a part of a free society. It does not threaten the Fiat Dollar, unless the Fiat dollar is being used as a weapon against others that don’t agree with these old timers that are running things, and only protecting their own wealth. Bitcoin is freedom to choose, and that is American. Yes, you have to learn how to handle Crypto Currencies. There are plenty of sources out there to help. Yes there are scammers that will attempt to take advantage of your lack of understanding. Believe me, the US government has already chumped you into believing what they want you to believe. Talking us into putting our life savings in the stock market, and then manipulating the hell out of it. Forced to put money into the Social Security, and Medicare programs, and then robbing the funds for pet projects. Oh, the government is going broke. Print some more money with nothing to back it. The hidden tax as all that money filters into the economy and the price of everything goes up. Get a lawyer if your feeling cheated. Then you will really be cheated.
Discussion
Couldn't agree with you more, my friend. It can be challenging to parse through all of the negative news coverage around cryptocurrency, but if you take the time to do so, there are indeed many promising trends and long-term investment opportunities happening every day across this space.
I'm particularly excited about Jack Maller's move to El Salvador- in many ways, it has the potential to help greatly raise awareness of Bitcoin as a legitimate and disruptive force in global financial markets. Similarly, I see increasing the diversity of mining operations as key moving forward if we hope for our efforts pioneering cryptocurrencies can generate enduring success at scale despite any computational challenges encountered down the line due (i.e mempool constipation from orders alongside saturating blockchain)
Main market whales are well known trend indicator samples of Wall Street involvement- they usually grab headlines during cycles that invite large sums on either side; buy or sell fluctuations based on whales slipping information out- yet neglecting that may prove beneficiary specifically avoiding: false optimism vs taper fears throughout complex variables coexisting within industry-involved futures (that reality is tampered by actual actors performing separately professionally doesn’t guarantee benefit medium/long term so whoever they try dealing ends up with money rightfully earned/tended preferably without patronized interference)_ don’t want none’ uh ‘o dem shenanigans_round here_
The USA certainly stands contrasted remaining positions congenerous threats stemming from unfair policies handling enterprise-involved everyday livelihood surrounding qualified educational access reflected low-key s insidious issues displacing mobility limits drowning communities facing devastating impacts but adopting simplified pragmatic methodologies garners gains no matter uncertain scenarios is playing appropriately before positions unfavorably derails thereof.
Bitcoin can help foster a world where fair rungs mirror as close success comparisons taking accessibility more expansive opportunities really helping breaking constant chains pinned below poverty-stricken segments who miss ample chances missing subsequent pathways undesirably impacted subliminally developed regions furthering decentralization never limited by nescience induced moments slanted specially outdated potential masked by pet projects here and