The Next Bull Market

in LeoFinancelast year


pixabay

My speculation is in next bull market people will be confused with the value rise of crypto.
The confusion could possibly be in dollars terms the value of BTC (and whatever other possible survived crypto will be at that time) be getting higher.
Now, the longer term picture should clear us that this dollar term value is meaningless, and the actual value could possibly be staying as is.
Like how much a house is worth in BTC terms, or dollars/fiat terms. Despite BTC and other crypto value increasing, it could possibly be affording just 20% more of the house value it was before the value increase. If that happens, its possibly 20% increase of value, and not 10x the value increase in perceived gains.

The trouble would be the cash out to fiat.
Because in multi-polar money system more one system, mostly western money systems the likes of WEF etc, would make life of doing business with crypto so hard it will be immense pain to buy things with crypto for regular person without some sort of idiotic license enforced by the system.
On the other hand, I agree with Seko that the BRICS type of monetary system could very well be giving the actual push needed for nation state wide adoption of crypto around the world.

Just think of the whole game of early adopters from Bitcoin and altcoin's first 10 years on a very much global and bigger scale than ever in next 5-8 years, I guess. Possibly all of this before 2030 ends. All the consensus wars, decentralised finance, NFTs, the sure and inevitable innovation in VR/AR/ML/AI technologies leading to the much needed hardware for using the full potential of cryptocurrencies. Despite the fear in the world, I can only expect better world in coming years ahead. To me it sort of like the Yin and Yang Symbol. It will for sure help the poor nations to rise in life quality much needed there. Making life of restricted rich nations harder.
Dystopian future, with the mix of possible utopian future as well.
I also feel whatever in crypto we have so far experienced is very much like an evolution before the actual use case.


pixabay

I strongly feel the missing part is the VR/AR hardware for cryptocurrencies.
That is still not perfected, and the push on it and hype on it still not felt on it.
So, my expectation and speculation is the VR/AR hardware getting refined to the point where it is either super lite in weight and wearable to be as negligible as just sunglasses for the user.
Despite these AR/VR and cryptocurrencies, all the existing digital usage multiples times used than ever before producing so much data we has to rely on DNA based storage in large data centres which possibly are part of the bigger decentralised cryptocurrency networks dealing and using multi network of cross cryptocurrencies making it agnostic to any single crypto in the world.

Sort:  

Congratulations @mikenova-z! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You received more than 8000 upvotes.
Your next target is to reach 9000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Our Hive Power Delegations to the December PUM Winners
Feedback from the January Hive Power Up Day
Hive Power Up Month Challenge 2022-12 - Winners List
The Hive Gamification Proposal Renewal
Support the HiveBuzz project. Vote for our proposal!

Dear @mikenova-z,
Our previous proposal expired end of December and the Hivebuzz project is not funded anymore. May we ask you to review and support our new proposal (https://peakd.com/me/proposals/248)?
Thank you for your help!