Patience is a thing for the wealthy

acecool (35)in #crpto • 6 years ago

Yeah right. Patience is a very important virtue I have found around the very wealthy in the society. I am literally struggling to remember a very good example of a project that was in its all time low for a very long time due to the fact that the development team where underground building the system which unknown to a lot of us was a big part of BINANCE DEX.

(Please if you have the project name kindly share); we have got a lot of good examples of such project in the blockchain today. The blockchain is a new and beautiful technology that's quite young. Although it have become increasingly popular but then again it doesn't change the narrative that it is still a very young technology that haven't realize even half of its potentials just yet *Think

It's very dangerous and not so a wise decision to write it all off at this early stage. A lot of people will say "I rather stick with the 2 famous project (Bitcoin and Eth) on the blockchain and not other altcoins". Here is the danger of such thought process, you may likely to miss out on the excitement of starting some pretty interesting and new in the blockchain due to this and potentially loose a lot in capital gains as well as in knowledge. Here are the list of cryptocurrencies that have given much ROI since launching.

And Yeah, there exist scam and fraudulent project which became the bane of the industry during the boom back in 2017. Has all that been cleared out? Much of it, we still have got lot more work to do. Projects that seem to have some atom of credibility still thread this path of shame most notably projects in the exchange industry section of the blockchain.

When you hear of the cases of exit scam and hack, this is what comes to mind. But can this be reduced to a very great minimum? Yes I think so as well. We would need advance technology that could establish a user identity, that could tell where a user is accessing the services of client server. Imagine having all of your images and details up in a server that's structured around other users and attempting to steal or hack host servers in same breath, almost impossible!

This is the purpose of Persona Identity Blockchain. They aim to reduce very significantly this occurence that havE plagued the potential of the blockchain and indeed other sectors by extension of utility from reaching its needed height. We have got to trust in its process and implementation instead of bothering on the current price which have seen its lows and which of course is being taken advantage by indeed smarter people,

The future of the blockchain technology is not started yet, its pretty huge that the IMF chief spoke on its potential, wouldn't it be rather smart to get into Persona.im just about now!