sometimes I sit and ask myself if decentralization is ever going to be possible in the crypto industry based on its imposing cons:

Governments are against it: It's no more news that sovereign governments worldwide are kicking against decentralization because of the way it can undermine her powers and give them less control over financial activities of her citizens. Every government yearns to always be in control.
Fraudulent Activities: Decentralization in crypto so far is like a magnet that has attracted a lot of fraudulent worms to itself. Could it be because it's still at its nascent stage or what? People are hiding under decentralization to commit a lot of financial crimes these days.
Terrorism: Terrorists now hid under the wraps of Decentralization to conceal their financial activities and this is not looking good for the world security.

With the above reasons and many other ones, it looks like the cons of Decentralization outweighs the pros in the crypto industry.

Ultimately, I don't want to be a pessimist, maybe there's a way decentralization will work in crypto industry while all the above problems go away.
#defi #crypto #BTC

You should not sell off your crypto assets now and call it all quits because the next bullrun will come when you never expected and every $1 you cash out today will be worth $100 in the bullrun. Just think about that.

Just like those that bought Bitcoin when it was super cheap and never sold or used it to buy pizza are millionaires and billionaires today, a lot of people that won't sell and throw in the towel now will become millionaires and billionaires in the next bullrun.

Ultimately, just like the last bullrun made investors like me millionaires in their local currencies, I expect to become a dollar millionaire this time around because I am wiser, more exposed and have learned so much from a lot of failures in the past.
#BTC #bullrun #usdr

Miss Caroline Ellison confessed that they took it as a duty to keep the price of Bitcoin at under $20000.

This confession got me thinking about how manipulators with access to billions of dollars can easily manipulate crypto the way they like.
This means that learning technical analysis could be just a waste of time if we're being true to ourselves.

I will be very glad if someone can convince me otherwise though because it just doesn't make sense that one will be studying hard for technical analysis while some people are out there manipulating prices of cryptos with billions of dollars.
#crypto #ftx #manipulator #ta #BinanceSquare

Something said by our one and only CZ on X caught my attention and held me spellbound.
He said that crypto companies should focus on creating life changing products and services instead of worrying about fud from competitors and sworn enemies because they'll surely fade away while you come out stronger!
This is a premise to the confession made by Caroline Ellison about how they at FTX busy attacking Binance as a company policy while Binance was busy creating life changing products and services.

I really got wowed by that great statement and I am expecting others to be too.
#cz #binance #ftx #crypto #fud