Now we're getting back to the fundamentals of bitcoin and blockchain technology. Originally, blockchain technology was invented to obey it's own set of rules which is constructed by the consensus of users of the technology; and reject and resist all forms of central authority; which is why bitcoin has died 220+ times (One hell of a zombie, I'll say). With this recent influx of new people in the crypto space, most of who have no idea of anything about this space other than seeing a quick money grab, which ended poorly for most of them.
Now, we're transitioning back to the basics, as banks are showing their hands and banning crypto currencies, claiming that they are protecting their customers, when in all actually, they are attempting to protect their monopolies and empires, which will eventually turn out to be futile. Bitcoin is going back to being used by those that support and believe in the technology and rejected by those too lazy and indoctrinated to research the technology and learn what it is.
As we look in the crypto space, innovation has emerged. Everyday, there is a new coin, token or ICO, more companies adopting and optimizing the technology, new scams and hacks, etc. However, somehow people think that this space is dead, because they see the price going down due to the media caused bubble popping. In all actuality, though, the space is more alive than it's ever been. This is because those who blindly follow are lead by their emotions. People are mistaken market sentiment, which is comprised of a bunch of emotional, whiny bitches who only care about money and when they lose money, they act out and cry and bash the technology because of their own selfish greed, as they was the main reason they lost their money due to their greed, but I digress...
The problem is that these whiny bitches are the ones who feed you your information and they try their best to swing your emotions in the direction that's going to most profit them. What you need to do is do the opposite of what they say, for the most part and learn what going on yourself. We are at that prime moment in the cryptospace where it possible to create wealth and a new atmosphere for the information space as a whole. When I say wealth, I'm not talking about a get rich quick scheme, but a slow rich, build an empire wealth.
Right now in the crypto space, there are plenty of opportunities that anyone with a computer can climb aboard on a make passive income, buy doing such things as hosting masternodes, holding in staking wallet, a slew of services and airdrops giving away free tokens for people to retweet and repost, etc. Just taking the time to learn about the space as whole can be profitable to you in both knowledge and monetarily.
The crypto space is at it's infancy and is growing exponentially, and now that it has been exposed, used and optimized, it literally can't be killed unless one of two things happen, either the entire world comes to a consensus to abandon the technology or if all the power in all the world shuts off and never comes back on. Other than those two scenarios, there’s is no stopping the technology from prevailing. No government, corporation, central authority, or any other power can not stop this. They can make laws, regulation, etc, but the technology does not and willing not care. It’s is immutable and does only what it is designed to do. To change how it does what it does take a 51% consensus to attempt to change and that it not a certainty as blockchains will just fork at the point of disagreement.
This is the Internet all over again. The massive income and adoption, the media hype, mostly negative, the scams, the bubble, all of it. If you don’t learn and understand whats happening with emerging technology, you will find yourself needing assistance to spend money in the very near future. Please people, understand what going on in the crypto space before you are left behind. This time, the impact will hit much harder than for the internet, as this time, it will be your money you will have to learn.
You have a minor grammatical mistake in the following sentence:
It should be its own instead of it's own.Congratulations @kryptokajun! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
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