ADSactly on ADSACTLY #75
Red Days
Yes, everything is down. Rivers of red are flowing day in day out. However, we've seen worse. Undoubtedly, it is in someone's interest to keep the prices down. Who is it and why is it so we cannot know for sure. Any guess is a good one.
Will it kill cryptocurrencies? No, it won't. Will it destroy communities? Nope. Will it change our way of life? Nope, we'll continue to do our thing. Will it make people panic and sell, dragging the prices even more down? Yes, it will. So what? Crypto always bounced back and came in stronger. Many were sorry.
End of Bitcoin? Very unlikely. On the other hand, if this worst case scenario ever happens, no biggie. There will always be a cryptocurrency waiting to take over the lead. Ethereum, EOS, Somethingnotinventedyet, you name it.
The good news is that ideas of centralized cryptos are slowly dying out. None of the centralized structures has enough courage to create a regular state-backed cryptocurrency. Everyone is waiting for someone else to start the trend. Care to guess why?
Maybe the blockchain transparency and inability to alter the system would limit their backstairs operations? And then someone asks, what is behind Bitcoin? What is behind any fiat currency? It's not gold and silver, for sure. There is no real difference between fiat and crypto. It is all as real as we make it.
Rally up and keep up the good fight. There is no place for FUD.
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