At this point, I don't think there's anyone who hasn't heard the word "cryptocurrency" even though the statement can be contested because I know there are some parts in my environ who haven't had power supply for years would be left out. Anyway this is just a smaller portions of people compared to the population of the world and those that have access to technology. For different areas, there are varying ideas about crypto and the main point here is that bad actors and good actors put in a show that actually affects the result of crypto's price and despite one might not see it happen immediately, it happens sooner. Sometime ago, there was a bit of argument between a friend of mine and I that started as a conversation about how Elon had taken his BTC holdings and today,there's already a subtle agreement after FTX collapsed affected crypto price. The main fact should be FUD which would always be the first element to affect crypto price and the good news would always be the dip. It's just crazy seeing BTC at $16k , you know we just talk after speculation and waiting and even when the charts analyst says it's going to happen. Crypto has just taught me a lesson that I hold personally, just buy when you buy and sell when you sell and live with the consequences without regrets.
Good Actors And Bad Actors
Crypto has already gotten to a level beyond reproach or being belittled as non-existent or ineffective. It is far beyond that and it's control is simply by you and I either through decentralization which is our main focus or centralization which is something else which is responsible for why regulations should hold. You can actually imagine the charade centralized chains disguise themselves as decentralized. Why do you know the right thing to do and intentionally do the wrong thing and play the victim? It's beyond crazy than mad if that even makes sense but it should sure do because the cryptoverse is filled with all entities unimaginable. The privilege that we have is that anyone can start up their own projects as crypto permits that but to get known and widespread is where all efforts lie. The bad actors have all gone down and more yet to be exposed and crypto is caught between the activities of the good and bad simultaneously.
With everything that has been going on since the beginning of the year, hacks, exploits, bugs, shut downs, withholding withdrawal, taxation and regulations, it's crypto that is left to take the whole hit and based on PR crypto is actually having it well though with its dent.
Who would have known that crypto would have all these characteristics, first off,I never knew. If I actually knew how deep crypto, I don't think I would have started my journey because you get to know more as time passes by. There's still much more evolution to be witnessed.
Thanks for visiting my blog, till next time.