With all the news that Tradicional Media is putting in their Lobby, makes Cryptocurrency in the same step as a Ponzi Scheme.
And they are no wrong
The crypto Market is a Ponzi Scheme just like every other market. Just like Coca-Cola, Facebook and Twitter, the starting shareholders who believed in the technology and its use in real world applications made their profits and are right now burning out in some Bahamas Island drinking a Mojito.
Just like every altcoin will do or already done, bitcoin made a lot of tech geeks and believers millionaires in few years or even in some months.
- There is no room for 10.000k altcoins in the market *
In the Crypto behalf I can understand how this trend of bump & dump is becoming more usual everyday.
Althought the real value of some altcoins are undervalued at the moment.
Stellar Lumens, Lisk, Ripple, SiaCoin and IOTA, have characteristics to change markets in 10 year windows. Just like Web 2.0 did.
IBM, Delloitle, GoldMan Sachs and many other big tradicional companies are partnering with High TPS (Transactions per Second) and Security Cryptos to R&D in new areas like banking, AI and even auto-Uber like Wallets so our cars can give us income with their own wallet while we are working our 9-5 job.
The future of Internet of Things is coming.
Web 4.0 is coming.
I missed the boat in the Industry takeover in the 80s and the Web2.0 / Social Media in 2010s.
This time will be in this ride.
Will you join me?
Have an awesome day,
Best,
Rui