Crypto Currency and why I am cranky.
It sucks. Cryptocurrency will be a bigger evolution of mankind than the internet.
But just like the internet, in the 90s, people have no clue and dismiss the potential.
But the 90s made many millionaires and billioniares. Look at the top riches on forbes.. .internet.
So I find two type of people.
1)those who compare cryptocurrency to penny stocks. They have no clue what a open source software means and they certainly have no clue what an open source currency (deregulated) means. It reminds me of the internet in 1994. It was such a new concept that people on TV were comparing it to a fax machine. Imagine comparing the internet to a fax machine!! REALLY!! ? But since they have no point of refference they dismiss as some ponzi or penny stock scam. -----
Now to the next type of person... which is better and worse at the same time.
- They invest and talk about cryptocurrency but they have no concept. They treat it like penny stocks. For instance, the subject of the scalibility and functionality of bitcoin during scaling. A binary chain block and several other IMPROVEMENTS are better and having hard forks every few months will not keep working. They talk about charts and ROI but the principles on the stability and function are ignored. And what makes me even MORE cranky is these POSERS are making a ton of money treating Crypto as a penny stock.
Ugh!!!
But in the end it will be 2022 and then people will say.. "of course bitcoin/crypto is better than fiat currency. What moron would trust a currency that is over regulated and manipulated by a government?"
Grumble grumble.. still cranky.