As bitcoin surges to almost $70,000 it should be plain to see that money is not what it appears to be. Things have changed all throughout society over the last ten years. Some good some not so good. However, over the next ten years the one guarantee is that change is here to stay.
Some of these crypto price predictions are insane. Calls for 500k bitcoin are only going to fuel the coming FOMO. Soon everyone will want to earn some SATS. Not to mention the mania that ensues if the price prediction becomes reality.
500k bitcoin will lift all boats. There are always misconceptions that bitcoin will steal the thunder of alts. This isn’t true at all. In fact a higher bitcoin price is usually followed by an increase of the overall alt market.
Of course there will be pull backs since nothing goes up forever. Yet, many will be too focused on the FOMO to recognize the true end game. This end game has everything to do with gamification and play2earn.
Right now there are millions of people around the world searching for a better way. Many right now are frustrated not only with the debt based monetary system but the politicians/bankers who run it. Some are frustrated at the lack of good job prospects.
Or the fact that nepotism runs rampant throughout the legacy system. Who you know could determine your career outlook. Yet, blockchain is different. Specific chains care not of your political or career connections.
Instead, each user can come and go as they wish. Participate a little or a great deal. And earn crypto as the user sees fit. No need to impress or be connected.
Bitcoin was made for gaming as most people are starting to figure out. Of course most on Wall Street only see the gains but miss the bigger picture. Or what I like to call bitcoin’s end game. This end game has nothing to do with the stock market or gambling.
And I believe we are at the end game. Bitcoin’s rise is shocking for most people. But what comes next will be even more shocking. The funny part is most people aren’t even paying attention.
It’s almost as if this true purpose is hidden in plain sight. Games are the true purpose. Play2earn will be the fuel to expand a new generation of money and income. The price rise is simply a foreshadowing of what is to come.
Right now most people just don’t get blockchain. Most eyes glaze over when I discuss bitcoin. Yet, imagine when more people start to piece everything together. When this happens most will gravitate towards chains that are most rewarding.
I believe Hive and Leo are still on the forefront of earning crypto. Although purchasing power has been lacking the bigger picture still remains. Hive is also ripe for the picking of some rich whale to buy in early.
Yet, the gaming aspect or play2earn will the honey that brings in the proverbial bees. Imagine playing a game and earning some major coinage. Then you use those coins to shop or buy dinner with. And to top it off maybe those coins begin to increase in purchasing power.
Now after participating in multiple games and virtual worlds you can quit that soul sucking job that extracts your labor. And actually focus on living for a change. This will happen by the way.
But first we have to walk before we run. Although most of the blockchain back end is ready the play2earn sector is just not up to par. Most games that I have played thus far are mostly dev cash grabs. Or games that offer NFT’s that are so over priced that no one can afford to even play.
There are a few games like this on the Wax blockchain. The cards have become so overly priced that startup costs are just too expensive to start. This of course creates a negative feedback loop of disgruntled gamers. No one wants to fork out hundreds or even thousands of dollars on an unproven commodity.
Instead, here is the magic formula: Airdrops + affordability+ low startup costs= Happy Gamers. It’s not rocket science but some smart people tend to overcomplicate something that just needs to be simplified. I think we will eventually get there. And when we do I may buy some of you beers..with my coins..:)