At this time, it is primarily focused upon speculation and market movements. This will change as deeper levels of innovation start to surface.
I think this is where a lot of people (those I know who are not 'yet' on the blockchain) get stuck. It's hard to jump into something when the entire space is all about 'speculation and market movements'. But once the blockchain extends beyond cryptocurrency and into more concrete projects it will be easier for the rest of the world to see its true power and everything else it represents (true ownership, decentralization, tokenization of everything, etc.).
But then again, you follow it up with this statement:
People are able to safely move up the risk curve since they can afford to have that money go down the toilet.
Now that you've mentioned it, I am just realizing how much less risk-averse I have become since being exposed to cryptocurrency.
Yes and that is where yield comes in. We cant deny the financial component yet it all doesnt have to be speculation.
We need to transition to investing, to generate real world wealth and not just speculation to make more money.
Obviously, the latter has to be done to have the money to invest in wealth generating activities/businesses.
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True. I guess it's a matter of time, now. We just have to wait for more cryptocurrency and blockchain projects to consistently do well.
We are working on it. There are things starting to expand on Hive.
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So true. There are so many interesting projects on Hive now I feel like a kid in a candy store. Lots of things for different people. It's exciting times. 😁
I remember when I was able to follow all the projects taking place.
Now, forget it. Too much going on.
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