Random thoughts on Crypto...PONZI OR NOT

High conviction view: Most entrepreneurs are better off spending as much time as possible to prepare and be well informed on the problems they want to solve before doing it.
“by failing to prepare, you’re preparing to fail”

Believe it or not crypto is here to stay and one thing I have learned is that wealth is transferred from those without knowledge to those with knowledge.
Then further transferred from the less knowledgeable to the most knowledgeable. Finding a niche and seeking knowledge can’t be over stressed

CeFi and DeFi are not the same thing. Don’t confuse them
A viable replacement for fiat needs to support transactions that are competitive in
*Speed
*fee value, stability, and transparency
*ease of use and security

As a currency, it needs to be
*stable
*not deflationary
NO CRYPTOCURRENCY SATISFIES ALL REQUIREMENTS.

True decentralization is very hard to achieve
The fed is and will be more accountable to the public than some “whale”

Crypto is a very strange and exciting thing with a great potential
I hope that it succeeds

CRYPTO IS NOT GOING ANYWHERE
It is a fundamental technology revolution and a new asset class.

2 Likes

Very correct :100::100::100: let the less knowledgeable but knowledge with their fund

1 Like

Nice one bro :ok_hand:

1 Like

Ponzi or not, crypto has stood the test of time and would live forever :money_mouth_face: :heart_eyes:

2 Likes

Thoisands of ponzi have come and left while crypto still stands its ground firmly

Right…Ever wondered why though.

That’s because crypto is not a Ponzi it’s an innovation with endless opportunities