To some it sounds weird to use the word philosophy and something as technical as cryptocurrencies in the same sentence, but to me, they go hand in hand.
Understanding the way valuation works, what transference of value means, and the proposition of cryptocurrencies has helped me cope with the bear markets in a more effective way that any kind of promising technical analysis could ever deliver.
No doubt, this is not a quick sprint, its marathon. But, if we don't take the time to learn the value proposition of cryptos, what they are here to solve and how the propose to to do, It's normal that we focus too much in the now, in the reds on the screen and not in the future that is inevitable.
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6:08 That is how i look at it as well. The users give the value. Bitcoin at one point in time was worthless because there were no exchanges. Soon as users came, a place to trade them filled the market void. The same will happen i believe with steem, the more users, the more need. ATMs, store purchasing and things like this will pop up. Just like western union did back in the early days.
I'm not going anywhere my friend... long term we are going to be sitting pretty.
You are right! The future workd is all digital, cryptos are the norm soon!
you'll see by next year this will already be a whole different ecosystem...
That's inevitable with all the financial indicators and news of impending economic collapse.
I am so afraid lots of uninformed and ignorant people are going to be very worse off. They are so unprepared!