Breaking the Stagnation: A Paradigm Shift in Perspective
Is the logic of crypto truly as simple as it seems? Take a moment to think, can you recall a truly useful crypto project in practice? It's not an easy task, is it?
Imagine a world where real estate documents are in the form of NFTs, where we live in metacities like Decentraland, and even grocery shopping is done using a Ledger. Sounds intriguing, doesn't it?
But here's the truth about the crypto market: every "useful, innovative" product is primarily created to entice people to invest in project tokens. Whether it's a blockchain with little value, an L-2 solution, or a meta-universe concept, these are all just smokescreens.
To further facilitate the acceptance of such developments, trends are inflated. The market capitalization of countless useless projects is artificially boosted along with the trend. It's a pattern we've seen time and again.
Crypto's big brother, the stock market, is grounded in specific companies that bring tangible benefits to society. But what lies behind BTC, ETH, and other cryptocurrencies? Can we consider them as extended trends, lacking substance, from which only a select few profit?
Imagine stripping away the immense capital from the market, removing the deceptive charts and constant trading frenzy. Eliminate the marketing hype and the countless "empty" news items that are solely designed for speculation and profit. What would remain of this supposedly innovative field?
If you're curious, take a trip back to 2015 and observe the modest BTC chart. Transport yourself to the days when Bitcoin was viewed as a tool for illicit activities, far from the genius minds that later turned it into a global phenomenon.
Today, stable earnings in crypto are reserved for the savvy players: project founders, opinion leaders, market makers, influencers, and serious players. For the rest, it should only be seen as a supplementary income source.
If you find yourself yearning for a fictional bull market that once allowed you to profit from simple screen interactions, consider this reality check. Reflect on your position in the crypto landscape today. Perhaps it will inspire you to rise from your current state of despair and start moving forward.
Now, I pose a question: Is the above opinion truly my own, or is this post merely a test of your critical thinking?
In the end, if you think about it that way, it seems to me that any innovation will always lose out to conservative financial instruments.
But do we want that?
I think it is only at this point that we have come to a point of early building that will make a real difference.