I am taking the wrath of many while I scribe that there exists and thrives humungous similarities amid the beautiful and soulful Indian tradition of Raksha Bandhan and Our controversial Digital Assets. I am positioning my theory... Dont Gasp!
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Blockchain Technology (The latest term used is DLN-Distributed Ledger Network, but we shall stick to the dated version as we are speaking about “traditions.”) is the SISTER.
Crypto-currencies or ALTcoins are BROTHERS.
Brothers & Sisters are as close as hands and feet and so is the Blockchain and Cryptos.
Ritual: The Sister ties a thread (Rakhi) on the wrist of his brother and marks a TIlak on his forehead. While exchanging sweetmeat and the Brother gifting her, he promises her the unconditional security, forever. The trade is executed on an exchange or within the buyer/seller and the smart contract is scribed on Block and transferred from one wallet to another.
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As pure and surreal it can get, this relationship too possesses similar sense of love, bonding, respect, trust, security and most imperatively Conviction towards one-another. As in most cases, it does have its share of flaws, but it’s completely outnumbered by the rich blend of goodness & affection. The Natural way of giving a friend that one cannot be without is the Brother/Sister. Then may come cousins, neighbours, classmates, colleagues... Similarly and primarily, there cannot be Blockchain without Cryptos. Then may come Nodes, Algorithms, Tokens, Coupons...
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Raksha Bandhan reinforces the love between brother (Crypto) and a sister (Blockchain). It is the duty of every brother (crypto) to protect his sister (Blockchain). The sister (Blockchain) prays for the well-being, success, and safety of her brother (Crypto). The brother (Crypto) promises to safeguard his sister (Blockchain) under all circumstances. It helps to build a healthy family (virtual-ecosystem) relationship.
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There are numerous more anecdotes that can be talked. But, for what? Rather, I shall just share the people in my family that myself and my son have symbolised with the varied Digital Assets hovering the Virtual Exchanges.
My Wife (S) = Bitcoin. (The Mother of all Cryptos, once very significant. Now a bit outdated but gravely feared by its community. Throws weight to scare!)
Myself (T) = Ethereum. (Self proclaimed Father of most cryptos. You need him to produce, grow, learn, flourish... Nowadays, it is relatively shy but soon to moon)
My Mother (B) = BIOCoin. (Most Calm coin and a reliable one. My bread and butter. One cannot imagine existence without her.)
My Father (M) = Monero. (One of the expensive “secret” coins around. You don’t know what he is doing and where is investing/ hiding. Always on liquidity and a little miser.)
My Daughter (V1) = Litecoin. (Very beautiful and intelligent with international level circle but going through a rough phase because of peer pressure. My bets on the Underdog.)
My Son (V2) = Ripple. (Everyone’s favourite. Most reliable. Multiple uses and global connections. Super efficient. But the world is stuck as it is yet a child and supposed to gain a lot in age & perseverance to prove his own might. )
My Sister (P) = Ethereum Classic. (Copy of ETH + scalability + usability + acceptability + reliability. )
My Bro-In-Law (DK) = Tether. (Equivalent to USD, works and performs Globally. Most stable and acceptable too. Miles away from volatility.)
My Niece (JD)= Cardano. (Most reliable project ever and the best in class team including Scientists and aeronautical engineers. This shall take a long time to prove its worth.)
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‘Terima Kasih Puan-puan’; Thanx a lot gentlemen for wading through my articulation. It’s meant to be penned on a lighter note but apologies if I tweaked your emotional strings. Do comment and repost if considered. ‘Selamat Tingal’. Good bye.
