I believe the beauty of crypto is something that will forever be great to behold, when you see how power is being built on-chain through tokenization, where not only money values are based on one's investments, but a lot more to it. Looking at HIVE for example, DPOS has to be the greatest tool the crypto space has had, because it brings a lot to the table when it comes to management and governance. With an ever growing community with common goals of value distribution DPOS is built around the community standards, so therefore, a great number of its activities are solely based on the community, not one person…
Two heads are better than one
It would take about 50,000 million bitcoin for it to be valued at the current total cryptocurrency market cap, and that's actually not possible considering there's ever going to be 21 million bitcoins, and the chances of every other projects going to zero for all value to flow into it, is just not there. When you look at the chances of bitcoin ruling all crypto markets, you figure it is slim for it and any other crypto. Bitcoin dominates the entire network with this level of market value share, looking at this more, you'll understand that thousands to probably millions of new projects need to be built on this network.
It is because crypto isn't designed to keep value in one place, rather, it is built to distribute it across networks and its protocols. So with the current dominance, the market is exposed to react in accordance to bitcoin market movement, how it immediately influences the rest of the markets is simple because a lot of other projects share a peg with Bitcoin, so a depreciating bitcoin price value, influences it accordingly, there's then not enough volume for others to withhold the changes, but what happens when the market grows even more and no single coin is much dominating?
There's a reason I call crypto the greatest value distributing network. When you take a look at the NFTs market, how every new innovation tends to divert the direction at which money flows, the beauty is in its ability to beat stagnation or call it a central movement of funds. This comes with a whole lot of advantages, because just like the world where new companies spark up every time, proposing one solution or the other, the cryptocurrency industry does exactly the same, but what makes it different?
A couple of things like project governance, the seamless ability to interact with other protocols thereby sharing the value generated across chains is one. The decentralization of finance, and endless opportunities built for investments is another, funds security and assets ownership is another. The list goes on, because thang it, the real world flaws it solves is a lot, so then, the solutions are enormous. If there's anything this authoritarians fear about this network, then it is the power it gives to the world to influence developments. The right to have a say, or make an impact has been one big reason we often find ourselves in situations not so favorable, but with cryptocurrency, power is restored to the public to jump in and change the phase of project management…
Value is driven by the community built around it, thus, the chances of growing a stagnant economy is slim. This unlocks opportunities to spread in great form, and honestly, it's the biggest marketing tool. Wait until this industry grows bigger in its user base and the number of projects running therein, there wouldn't then be a lot volatility fears filling the air, because, that will literally be the era of great sustainability