The Utility Paradigm: How Cryptocurrencies Can Transition from Speculation to Real-World Use
Cryptocurrencies have undergone a remarkable evolution since the introduction of Bitcoin. Initially envisioned as a decentralized, peer-to-peer alternative to traditional financial systems, cryptocurrencies captured the public imagination by offering the potential for financial freedom and independence from centralized authorities. However, as the industry matured, cryptocurrencies became increasingly associated with speculation rather than tangible, real-world utility. The extreme price volatility, driven by speculative trading, has often overshadowed their original promise of creating decentralized, accessible financial tools.
In recent years, the conversation has begun to shift. Industry leaders, developers, and advocates are increasingly focused on turning cryptocurrencies into practical, everyday tools for economic participation, rather than vehicles for speculation. This shift from speculative investment to real-world utility is crucial for the long-term sustainability and growth of the cryptocurrency space. In this article, we explore how cryptocurrencies can transition from speculative assets to genuine tools for improving everyday life, creating value, and addressing global challenges.
The Rise of Speculation in Cryptocurrencies The speculative nature of cryptocurrencies became particularly evident during the boom of 2017 and the subsequent market fluctuations. Cryptocurrencies like Bitcoin, Ethereum, and others experienced astronomical price increases, largely driven by speculative trading rather than actual use cases. As more investors and traders jumped into the market, the focus shifted from the original promise of decentralized financial freedom to a get-rich-quick mentality. While speculation has played a significant role in the growth of the cryptocurrency market, it has also led to some key issues: Volatility: Cryptocurrencies are infamous for their price volatility. Extreme price swings, often based on market sentiment, regulatory news, or social media trends, have made it difficult for many users to rely on cryptocurrencies as stable stores of value or mediums of exchange.Inequitable Wealth Distribution: A large portion of cryptocurrency wealth is held by a small number of early adopters and investors, exacerbating wealth inequality. This concentration undermines the decentralized ethos of cryptocurrencies and makes it harder for new entrants to participate meaningfully in the ecosystem.Speculative Bubbles: The cryptocurrency market has been prone to speculative bubbles, where prices rise rapidly based on hype, only to crash shortly thereafter. These bubbles deter many from seeing cryptocurrencies as legitimate financial tools, reducing their broader adoption.Regulatory Uncertainty: The speculative nature of the cryptocurrency market has attracted regulatory scrutiny, with governments expressing concerns about market manipulation, fraud, and consumer protection. In some cases, this has resulted in outright bans or harsh regulations, further undermining their utility.
Transitioning to Real-World Use: The Need for a Utility Paradigm To overcome the speculative cycles and achieve mainstream adoption, cryptocurrencies must pivot from being primarily speculative assets to becoming genuine tools for everyday use. This shift, often referred to as the "utility paradigm," focuses on creating cryptocurrencies that are stable, practical, and valuable in real-world applications.
Stablecoins and Price Stability One of the primary obstacles to cryptocurrency adoption in everyday transactions is their volatility. Stablecoins, digital currencies pegged to stable assets like the US dollar or commodities, address this issue by offering predictable and reliable value. Platforms like Tether (USDT) and USD Coin (USDC) have already gained traction, facilitating stable transactions across industries. Future stablecoin models could integrate dynamic supply adjustments or backing by assets such as renewable energy credits, further promoting trust and reliability.
Blockchain Integration in Everyday Services Blockchain technology can revolutionize industries such as finance, supply chain management, and governance. For example, blockchain-based solutions can enhance cross-border payments, enabling faster and cheaper transactions compared to traditional systems. Additionally, sectors like food safety and luxury goods benefit from blockchain’s transparency and fraud prevention. DeFi platforms are another avenue for integration, offering lending, borrowing, and insurance services without intermediaries. By automating these transactions with smart contracts, DeFi creates opportunities for people to access financial tools previously unavailable to them.
Renewable Energy and Sustainability Incentives Addressing criticisms about the environmental impact of cryptocurrencies, projects can adopt energy-efficient mechanisms like Proof of Stake (PoS) or Proof of Useful Work (PoUW). Furthermore, blockchain can facilitate carbon credit systems and reward sustainable practices, aligning with broader global efforts to combat climate change.
Incentivizing Real-World Contributions Cryptocurrencies can reward users for societal contributions, fostering inclusive economies. Examples include Decentralized Autonomous Organizations (DAOs), where participants earn tokens for governance contributions, or projects that reward volunteering and open-source development.
Government and Regulatory Cooperation Clear regulatory frameworks are essential for legitimizing cryptocurrencies and ensuring user protection. Collaborations between blockchain projects and governments can pave the way for integrating cryptocurrencies into public services, such as Central Bank Digital Currencies (CBDCs), which complement existing systems while enhancing efficiency.
Our Vision for the Future The future of cryptocurrencies lies in their ability to create tangible, real-world value. By addressing the challenges of volatility, sustainability, and regulatory uncertainty, our project goal is to unlock the transformative potential of decentralized technology, as projects at least partially embracing this paradigm—through innovative validation methods, dynamic supply mechanisms, and inclusive governance—are already leading the way. As part of our broader mission, we aim to contribute to a decentralized, eco-conscious financial ecosystem. Our project’s framework integrates hybrid consensus mechanisms, renewable energy incentives, and equitable economic design to support this vision. Together, we can build a resilient system that serves global needs, ensuring cryptocurrencies become meaningful tools for progress rather than mere speculative assets. The utility paradigm represents more than just a shift in focus; it’s a blueprint for how cryptocurrencies can deliver on their original promise of decentralization, accessibility, and innovation. This evolution demands collaboration across industries, communities, and regulators. By prioritizing real-world impact and sustainability, we believe cryptocurrencies can play a transformative role in the future of finance, governance, and global development.
Crypto’s Cyclical Wealth Transfer: How Retail Investors Fuel the Big Players
When we talk about cryptocurrency, particularly Bitcoin, we love to picture a decentralized future where financial power shifts from banks and governments to individuals. But let’s face the harsh reality: the crypto market, in its current state, is anything but equitable. In truth, it’s a welloiled machine for transferring wealth from the hopeful many to the shrewd few. Allow me to break down how it works, layer by layer.
1 The Anatomy of a Rigged Market 1.1 The Landscape: Bitcoin leads the charge with its 55% market dominance, making it the gravitational center of the crypto universe. When Bitcoin rises, the whole market rises; when it falls, altcoins crash harder than a memecoin postTikTok hype. But this isn’t just natural market behavior—it’s carefully engineered chaos. 1.2 The Big Players: Governments and institutional investors are no longer standing on the sidelines. They’ve infiltrated the game, bringing their war chests, insider knowledge, and decades of experience manipulating traditional markets. The result? The retail investor doesn’t stand a chance. 2 The Wealth Transfer Cycle Here’s how the cycle unfolds, over and over again: 2.1 Accumulation Phase - The whales quietly amass Bitcoin, often through OTC deals to avoid tipping their hand. During this phase: - They let the market climb gradually, luring retail investors into a false sense of security. Positive news floods the channels. New partnerships! Adoption! Green candles everywhere! - Altcoins also start to rise—fueled by speculation. Memecoins spike as retail traders FOMO into “the next big thing.” 2.2 The Dump Once Bitcoin hits a price ceiling, the whales start selling. They flood the market, crashing BTC’s price. Retail traders panic, selling their altcoins for scraps. Why? Because altcoins lose liquidity faster, making them nearly worthless in downturns. 2.3 Liquidation Frenzy Here’s where the fun begins: - Leverage traders are forced out as futures positions hit their liquidation points. - Collateralized loans are liquidated, adding more sell pressure. - Stoploss orders and margin calls automatically sell assets, creating a cascade of red. This phase redistributes massive amounts of wealth from smalltime investors to large players. 2.4 Repeat Once the dust settles, whales buy back Bitcoin and undervalued altcoins at bargain prices. Rinse and repeat. 3 The Macro Connection: Is Gold or Fiat a Factor? To truly grasp this mechanism, we have to zoom out. Bitcoin isn’t operating in a vacuum—it’s part of a broader financial landscape, one heavily influenced by macroeconomic conditions. Here’s what we may find. 3.1 Gold and Bitcoin Correlation During accumulation phases, Bitcoin and gold often show a slight positive correlation, likely because both are treated as hedges against inflation. This pattern strengthens during times of economic uncertainty. However, when the whales dump Bitcoin, gold prices often stabilize or even rise. Why? Because capital fleeing the crypto market may flow into traditional safe havens. 3.2 Fiat Liquidity and Crypto Trends Bitcoin’s rise and fall often mirror liquidity conditions in traditional markets. When central banks tighten monetary policy, Bitcoin and gold face downward pressure, but gold’s inherent stability usually limits its downside. 4 Manipulation: A Tale as Old as Time This cycle isn’t a bug—it’s a feature. The techniques employed here are eerily similar to strategies used in traditional finance, but without the oversight. Think pump-n-dump schemes, wash trading, and market manipulation—but on steroids. 4.1 The Tools of the Trade - Narrative Control. News cycles are carefully curated. Remember the “Bitcoin is dead” headlines? Or the relentless hype around NFTs and memecoins? Both are designed to direct retail sentiment. - Market Making. Whales have the capital to create price movements that retail traders mistake for organic trends. - Exploiting Leverage. Futures and options amplify every dip and rally, ensuring the whales win no matter the direction. 4.2 Why It Works Retail investors are emotional, reactive, and outgunned. They buy high, sell low, and repeat the process until they’re broke. Meanwhile, whales play the long game. 5 Historical Patterns 5.1 May 2021 Bitcoin Crash Context: Bitcoin fell nearly 50% from its $63,000 high in April 2021. Liquidations: Over $8 billion in leveraged positions were wiped out in days. Whale Activity: On-chain analysis detected significant Bitcoin transfers to exchanges, indicating coordinated selling. 5.2 November 2022 FTX Collapse Impact: Bitcoin dropped from $21,000 to $16,000; Solana lost 60%. Key Insight: Insider movements preceded the broader sell-off, suggesting a calculated exit by large players. 5.3 Bitcoin and Gold Correlation Findings: During Q4 2022, Bitcoin showed a correlation coefficient of 0.58 with gold—a clear indication of capital moving between these assets as hedges against inflation. Example: When Bitcoin plummeted during the FTX collapse, gold rose 7%, confirming its role as a "safe haven" during crypto market volatility. 6 Can Anything Be Done? The short answer? Not yet. The crypto market thrives on being unregulated, and any attempt to bring order would face enormous pushback. But here’s what needs to happen: - Transparency in OTC Trades: This would reduce the ability of whales to accumulate without moving markets. - Education for Retail Investors: Understanding leverage, liquidation risks, and whale behaviour could help level the playing field. - Decentralized Trading Mechanisms: Reducing reliance on centralized exchanges could mitigate manipulation. A Hope for the Way Forward - The Power of Community Crypto markets, as they stand, are rigged against the retail investor. Big players have the tools, capital, and strategies to manipulate prices, leaving the average trader to gamble against insurmountable odds. However, by adopting decentralized, sustainable models, like our new coin could, and demanding transparency, we can reclaim the original vision of cryptocurrency. This isn’t just about Bitcoin or even cryptocurrencies. It’s about the systems we build and the values we uphold in shaping our financial future. Whether you choose to ride the chaos or work toward change, understanding the mechanics of this wealth transfer is the first step. Let’s stop playing the whales' game and start rewriting the rules. - DrEdCrypto
Boom! Bitcoin corrected to $91,000 last day. A major event like that was expected before Christmas and it seems we’re just seeing the start of the carnival. I wouldn’t be surprised if a bigger correction is lurking around the corner, so strap in.
Market Evolution: From Memecoins to Real Tech The market is clearly evolving, shedding memecoins and junk in favor of real tech. DeFi and Layer 1 solutions are today’s winners, and it’s not just a random flash. We’re witnessing a trend—money’s moving to tech that does something real on the blockchains that matter. This shift should bring a bit of sanity back, stabilize the market, and pave the way for legislation that, for once, might make sense.
Opportunity Knocks: Riding the Wave Here’s the play: with capital moving from speculative fluff to tech, there’s a window to snap up BTC while it’s “cheap.” I expect a rotation—sell BTC later to fund positions in those emerging tech assets. Don’t dismiss NFTs or niche coins tied to the arts and sports scene. These are speculative plays, potential thousand-percenters if you can stomach the volatility. It’s all about people chasing what defies market logic, and I’m betting some of that defiance will pay off. Keep an eye on the Metaverse too—it’s a wildcard fueled by marketing hype and shareholder cash.
Calculated Capital Moves: Strategy for Medium Risk, High Reward If you’re smart and micromanaging, there’s a decent shot at making a few hundred percent gains by bouncing between BTC and emerging tech plays. Play it safer? Stick to BTC and ETH, and you’re likely looking at solid, but smaller, returns—tens of percent. It’s all about balance and recognizing when to pivot.
A Warning: MicroStrategy's Moves Could Shake the Market Watch out for MicroStrategy. They’re playing a dangerous game, leveraging their corporate assets to buy up BTC like they’re printing money. This could bite them—and the market—hard. It won’t cause a crash like we saw in the past, but another deep correction is certainly on the table. Just recently, they picked up another 55,000 BTC, and I’m not convinced it’s a good move.
The Memecoin Circus: A Tool for Big Players Let’s get real—memecoins and pointless altcoins are the latest playground for bigmoney manipulators. These tokens are nothing but tools to pumpanddump, with the naive getting fleeced while the smart money walks away smiling. It’s a cycle driven by social media hype, and the money to be made there is only for those with deep pockets and no ethics.
Governments, Companies, and the Future of Retail Investors Here’s the future: governments will keep playing it safe, companies will dive in deep, and retail will chase the trend. Growth is almost inevitable; there’s too much infrastructure and investment already. The memecoin and trashcoin craze will fade, either from legislation or when the bubble finally bursts. After that, real tech and stable players will take over.
XRP, ETH, and BTC in the Spotlight XRP’s in a strong spot right now, and if the investigation drops or Trump legislation favors them, we could see insane growth. Coins based on the ETH network are also looking better than BTC, at least for the moment. Expect volatility, but don’t count them out.
Wars, Politics, and Bitcoin’s Future Oddly enough, the end of major wars could be a bullish signal for BTC. And don’t discount the opposite—larger conflicts might push people towards crypto, seeing it as a way to escape governmental control. The future for some cryptocurrencies is bright; the challenge is we don’t know how far that future lies.
A New Wildcard: A New Kind of Coin Here’s my take—if we see another disruptive event in crypto, it might just be our own coin. A coin that’s anchored to real values. People like me appreciated decentralization and security of transactions, but never liked the wasteful energy consumption and scams that dominate the space. A truly value-based coin, utilizing the best from all other crypto principles, could be the shock not only the market needs. - DrEdCrypto
The cryptocurrency market is currently in a frenzy, driven by a trend that has drawn in countless new investors: memecoins. These digital assets, often inspired by internet jokes and social media memes, have gained massive popularity among retail investors—people who may not have deep financial backgrounds but are eager to catch the next big wave. Yet, behind the scenes, big players—hedge funds, institutional investors, and crypto whales—are using classic tactics to exploit this very enthusiasm, dumping memecoins and reaping profits from the influx of newcomers. Here’s a look at what’s happening right now and why retail traders might be playing a losing game.
Memecoins: A Tool for Market Manipulation Memecoins started as a fun and relatively harmless aspect of the crypto world. They are coins with little to no inherent utility, often branded with quirky or humorous logos, and their value is largely speculative. Some, like Dogecoin or Shiba Inu, have managed to capture the public's imagination, leading to explosive short-term growth. However, this very nature makes them perfect for manipulation. 1. The Pump and Dump Scheme: - The pattern is familiar to seasoned investors: big players purchase substantial amounts of a cheap, obscure token, creating a buzz around it. They leverage their capital to inflate its price, triggering a Fear of Missing Out (FOMO) effect. - As social media influencers, often unwittingly, spread the hype, retail investors rush in, hoping for a quick profit. - Once enough new money has flooded in, the orchestrators dump their holdings, causing a price crash. Retail investors are left holding the bag while large investors take their profits. 2. The Appeal of Quick Gains: - Inexperienced traders are drawn to memecoins because of their low entry price and the promise of astronomical returns. With sensational stories of overnight millionaires, it’s no wonder memecoins continue to attract attention. - Yet, without a solid understanding of the fundamentals—or lack thereof—these traders are setting themselves up for massive losses when the inevitable sell-off occurs.
The Current Market Situation: Dumping Season Recent weeks have seen a rise in memecoin launches and simultaneous dumps by major investors. After the crypto market experienced a slight dip in more established assets like Bitcoin and Ethereum, institutional players shifted their focus to memecoins, which they view as fertile ground for quick and easy profits. 1. Artificial Price Inflation: - Large investors strategically pump the price of selected memecoins by buying in bulk and driving a sudden increase in value. This maneuver draws attention from the broader market, prompting small-scale investors to jump in. - Often, the price spike is engineered with precision, timed to coincide with peak social media activity and influencers discussing the coin. 2. Retail Investors Left Behind: - As prices begin to surge, small traders enter the market in droves, buying at increasingly higher prices. Just as the buzz reaches its peak, the original pumpers start unloading their holdings, causing a price collapse. - The speed of the market means many retail investors lose their capital before they realize what’s happened. In a matter of hours, or even minutes, the value of a memecoin can plummet, wiping out billions in retail investments.
Why It’s Happening Now: Market Context and Investor Psychology 1. Economic Uncertainty and Search for Quick Wins: - In a macroeconomic environment marked by uncertainty, many traditional assets, like stocks and bonds, have seen lower returns. This has driven both institutional and retail investors toward the crypto market, seeking quick and high yields. - Memecoins provide an easy entry point for speculative bets, especially for those who missed the initial Bitcoin or Ethereum surges. 2. Influencer Culture and the Power of Narrative: - Memecoins thrive on narrative. They often gain traction because a few influential voices on social media platforms promote them. This builds a sense of urgency and exclusivity, playing on the natural human desire to be part of a winning group. - The line between legitimate investing and gambling blurs in this space, as success stories are amplified while the far more frequent tales of loss go unnoticed. 3. Institutional Strategies and Retail Inexperience: - Big players have the experience, tools, and resources to manipulate the market to their advantage. They use sophisticated bots, insider knowledge, and large-scale capital movements to dictate price trends. - Retail traders, lacking such resources and often driven by emotion and misinformation, end up being the source of liquidity that allows the dumpers to exit with profits.
A Market Built on Thin Air? The traditional stock market, while not immune to manipulation, is built upon companies that generate tangible products or services. Cryptocurrency, particularly the memecoin segment, operates in a different space. The value is driven not by revenue or dividends but by sentiment and speculation. This makes it easier for big players to steer the market in their favor. 1. Short-Term Profits Over Long-Term Stability: - The quick rise and fall of memecoins demonstrate that many investors, both large and small, are prioritizing short-term profits. This undermines any attempt to establish a stable, decentralized economy, as speculative trading dominates the landscape. - For those looking to build long-term wealth in crypto, memecoins offer a lesson in the dangers of chasing trends instead of understanding the fundamentals. 2. The Role of Regulation: - The lack of oversight in the crypto world has made manipulation easier and more profitable. While some advocate for a free, unregulated market, the repeated pump-and-dump cycles suggest that without some guardrails, the industry will remain dominated by those who can exploit it the most effectively. - New projects, like the one our group is preparing to launch, propose solutions, aiming to restore the vision of a decentralized and sustainable crypto future, away from speculation.
The Takeaway: Stay Informed, Stay Skeptical For those venturing into the crypto market, especially the volatile memecoin segment, education is crucial. Understanding the underlying technology and economics can help traders navigate the hype. Here are a few key strategies to keep in mind: 1. Don’t Follow the Crowd Blindly: Be wary of social media-driven narratives. Hype can be a powerful force, but it’s also a tool for manipulation. 2. Research the Fundamentals: If a coin has no clear utility or long-term vision, it’s likely being used as a short-term speculative asset. Avoid investing more than you can afford to lose. 3. Watch for Market Patterns: Recognize the signs of a pump-and-dump scheme. Sudden spikes in obscure tokens should raise red flags. 4. Diversify and Hold for the Long Term: While memecoins can be tempting for quick gains, diversifying your portfolio with more established assets can mitigate risks. The crypto market remains a space of opportunity but also significant danger. The allure of quick wealth can be blinding, but remember that for every sensational success story, there are countless untold tales of financial ruin. As the market matures, we can only hope for a shift toward sustainability, transparency, and real value—though for now, it’s a rollercoaster ride driven by sentiment, speculation, and sometimes, sheer greed.
What’s Next for Crypto? The future of the crypto market is uncertain, but the lessons from the memecoin madness are clear: without a solid understanding and careful strategy, retail traders are unlikely to compete with the big players. New projects, like the one we are preparing to launch, must focus on a return to the original ideals of decentralization, utility, and transparency, which could be game-changing. - DrEdCrypto #MarketSituation #EducateYourself #StaySafeInvestSmart
Here is something I´d like someone to prove me wrong about, please!
Something from Nothing, Again: The Classical Strategies Being Applied to Crypto
What's the Landscape? 1. The macro-economy conditions and global stock markets provide the baseline. 2. The tech industry creates the first level (on top of & further rising or falling with the macro-economy). 3. Blockchain forms the second level (on top of & further affected by both the macro-economy and tech industry). 4. Apps and platforms make up the third level (on top of & further influenced by all previous levels). A brand new market to make money!(?) 5. Note that none of the markets could in principle be independent - there is a strong feedback across all levels as well.
Bitcoin & The Big Players After $BTC early years of survival (the other layer 0 tokens have insignificant market share—even with efforts to push them, they have little impact on the market itself...) and political trends shifted (I’ll avoid going deep into that here), it became clear that $BTC was no longer beyond the reach of governments and big investors. The recent surge in value, following elections, confirmed that big players are not just watching from the sidelines—they’re buying in.
Why is $BTC So Volatile? Because big players want to profit: 1. Recent hype around memecoins, altcoins, apps, and social media has drawn in hordes of small-scale investors, eager for quick gains. Though individually small, retail investors collectively control a large amount of funds. 2. Big investors are skilled, capital-rich, and often have inside information. They have tools to take risks that small investors can’t compete with fairly.
A Slightly Modified Classic to Reach Ultimate Profits: 1. Spread a narrative that “people are leaving $BTC for memecoins/altcoins!” by buying up a few memecoins/altcoins. 2. Use substantial capital to inflate the token's price in quick bursts, triggering FOMO among retail traders. 3. Watch the buzz build, prompting retail investors to sell $BTC and fiat. Chase the memecoin/alcoin gains. 4. Track the sentiment: once retail investors start shouting, “This is the next big thing!” it’s time to dump and take profits. 5. As $BTC prices drop and the sentiment fades, buy BTC for your fiat and exit the memecoins. 6. The retail crowd can’t keep up, as big players can move billions—enough to dictate the market. 7. The retail crowd will return to $BTC , pumping your investment further up. 8. Convince everyone that this is just normal market behavior (though it’s really not, compared to a standard stock exchange - where it would be impossible to manipulate the market in such a large scale because the actives represent an actul physical value & there are settled big players for a century already, long term investments, little room for speculations). 9. Repeat every few hours/days (as the market sentiment allows), use information channels and connections to increase effectivness. Note that this won´t work forever (there will be some indicators that retail does not invest too much anymore - the smarket stabilizes, the trust fades, influencers cease to work, liquidity drops - then the profits have been made, wait for the market to "forget", try again something similar next year or two, do it until there are regulations actively demanded by the crypto comunity itself! Coming soon...).
The Hard Truth: You are competing in a market where you have no chance of winning against major players who control the capital, possess superior skills, insider knowledge, and dictate the strategy. If you make significant gains, it’s likely due to luck—like hitting the lottery, though perhaps a bit more predictable. The reason why some people got rich in the first crypto wave was that big players did not took it seriously yet. I´m confident to say that most small investments will end up in the pockets of the big players. It’s a capital-driven market, not one driven by technology but by emotion, sentiment, and investor expectations.
Did Satoshi Have a Strategy? Did Satoshi moved a substantial amount of $BTC to dormant wallets to stabilize the price and prevent a total sell-off? This could have been an effort to make Bitcoin a more stable asset. Or maybe not, and it´s just like with the other coins, to keep control over it by the opportunity to move the milions of coins at will. I’d say that there’s at least 50:50 chance Satoshi’s motives were purely self-serving, aiming to cash out after amassing a potential fortune in the billions. I can´t make me believe him to be a young independent ingenuine altruistic hacker - it does not compute anymore for me. If Satoshi is who we think it is (based on recent disclosures - an older tech-skilled convicted fraudster connected to both technically skilled and government players) — it would make perfect sense to create a new type of market in attempt to dominate the future cyberspace landscape as we see today.
Why Some of Us Are Laughing Anyway: For those of us who dreamed of a truly independent monetary system, the current reality is grim. Governments and big companies are/will be buying up crypto and, with it, gaining influence over the market. Bitcoin mining is no longer accessible to individuals; it’s in the hands of big players. A lot of dedicated 1 year old hardware became obsolete that wery year. Some GPUs were single-use, just for this. What is called “mining” today has turned into mindless app-clicking for crumbs, while platforms profit from ads and microtransactions. A simple task—sending funds to someone else—has transformed into massive factories full of expensive hardware, driving tech market profits without real technological innovation. Instead, existing chips are sold at inflated prices because suddenly, everyone needs them.
These actions have stunted real market growth, as chip manufacturers focused on profits from inflated prices instead of producing what other industries actually needed. As major industries and investors manipulate the still-small crypto market compared to traditional stock exchanges, you have to wonder if they planned it this way to gain leverage in the real market (for sure—why else would Intel drop while Nvidia surged?). Coin values are driven by emotions and disinformation, not by technological advancements or brilliant ideas. We criticize “money printing,” yet most tokens do the same (or the opposite, by burning). Now, government, corporate, and celebrity-backed coins dominate the headlines in a social media-driven market. Meanwhile, layer 0 coin mining and token “mining” in apps generate a huge carbon footprint, further devaluing real capital.
I dislike government regulations and taxes, but an unregulated market leads to exactly what we see now—scams, money laundering, propaganda, and fake news used to get rich fast through manipulation. Unfortunately, nothing better has been invented yet. Some might claim otherwise (because they either believe or lie). There is no real added value yet. This isn’t an emerging financial revolution; it's another speculative madness from which the foundations of a financial revolution could, possibly, perhaps, start. Let’s hope. I have some hope because promising crypto technologies might eventually rule and prevent malicious intentions. Unfortunately, no one cares about them yet, but will.
However, I’m OK with this because I’m a gambler at heart. I’ll ride the chaos—let’s see if I get lucky. I don’t care about the negative environmental impacts (politically, socially, economically, ecologically...). I live on the edge and seek opportunities, unconcerned with what happens to the universe after I'm gone. Let Rome burn—I can’t make people stop it, anyway. I can’t force or persuade people to follow logic. So, let’s ride the chaos.
I definitely love what people think crypto is, but hate what it actually became, because it is now the same problem like fiat (+ huge extra scam strategies to "make you rich", especially you, freethinking techguru futuristic Joe with spare 500 dollars just "invested" into randomcoin, hey, I´m speaking to you! :)
You might (and certainly will) hate me now—but I challenge you to offer an alternative perspective and prove me wrong, please.