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RE: Pre-Seeded

in LeoFinance2 years ago

I feel your pain on the challenges of the last couple years and having horses in both races. As a business owner during lockdowns and recessions, it was all I could to to keep my guys paid and cover the mortgage. Add to that a business deal coming up empty after years of being misled makes for some great skill in digging out of a hole.

I am a little divided on the crypto vs fiat thing and don’t think it has to be a revolution where 1 wins outright. Fiat fuels the value of crypto and crypto gives some relief to the world who is not very well served by fiat which is run by capitalistic forerunner interest for the most part. If fiat dives, it will drag crypto with it and the transition will be devastating for folks who are trying to provide for families in the traditional system. Plus, the wealth is controlled by self-preserving powers that would make that bandaid very damaging to tear off.

I simply love the concept of income diversification for the opportunity and peace of mind. People can have horses in both races simply by monetizing some of their time and attention (like we are doing) if they have no excess fiat to buy a stake.

I really thought I had missed the boat on accumulating a stake back in 2017 and half of me is glad there have been bear markets and dips to buy. The other half wants that boom so I can travel the world and make my blockchain connections real and in person.

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Covid sucked for small business - a boon for the big.

Where I think the value of crypto comes in is not as a currency, but a mechanism to reimagine value as a whole and ownership. I think that as it starts to hit its stride, more businesses will be built as crypto first and capture as well as generate new values. In this way, self-preserving powers can have their power lessened, as to be part of the decentralized economy, they will have to give up absolute control and find a more middling path, than outright maximization.

The dips and bears are great at this point, Stability will come and people will say how they missed their opportunity when it was there. It is some time off though :)