Crypto is truly leading the world of innovation
I feel that innovation is exploding right now, and that five big platforms are developing simultaneously, which has never happened before. Go back to the early 1900s, when the telephone, electricity, and vehicle were invented. We now have robotics, energy storage, artificial intelligence, blockchain technology, and genomic sequencing. I think they will eventually converge so that there are no longer separate technologies doing one S-curve at a time. We currently have a feed curve with a S shape. By 2030, I believe that platform will have potential to generate trillions of dollars in income, despite now having virtually little revenue.
Our platform uses 14 distinct technologies, thus it is best to stay on the right side of change. They are all producing growth trajectories that are exponential. They will transform things, but they will also seriously upset the established order of things. The most experienced experts in any field are all fresh to these innovation platforms, thus innovation is a powerful lever. Young people are given a fantastic opportunity to quickly advance and get on the right side of change.
The fear and greed index is something I must discuss because many people are interested in it. Currently, the fear and greed index is at 50. I thought it could be interesting to color code the Bitcoin price according to the fear and greed index. One of the things you'll notice is that during the run-up, it can actually state in fear and greed for a very long time, much like it did in the 1990s, and it can also state in fear during a bear market.
The 30-day SMA fear and greed index has been gradually increasing for a while, and most recently it really reached the 50 threshold, allowing us to remove some of the most recent highs that the fear and greed reached. It reached 60 in March 2023, and as of the moment, it's about 50.