Crypto Thoughts: Thanks Leofinance

What a week it has been. Looks like summer is just about to end and thank goodness. This heat has really taken a toll on me. Frankly thinking about moving to the beach permanently.

Winter can’t get here any sooner. Crypto land is moving in the right direction which of course is up. Bitcoin is trying everything to push through that $50,000 area. Hopefully we can push through it and never look back.

In this market everything is based on perception. Good media perception is everything as it relates to crypto. And of course the higher an asset price is the more safe people feel about it. Very strange but that’s the market people.

Of course crypto is more then just Bitcoin. I’ve never been just one crypto to rule them all type of guy. Instead, every crypto and blockchain serves it’s own function including shit coins. Besides, it would be a boring world if one currency ruled everything (Like the Federal Reserve Note).

Ethereum is looking to make a run of it’s own pushing to the $4000 mark. We are in uncharted territory but I can see ETH marching it’s way to 10K. Although it isn’t my fav crypto I’ve been hodling for quite sometime. Although the gambling dApps and fees have been a nuisance ETH should be poised for some new developments in the coming year.

Hive and Leo have been making a mini run of their own lately. Yet, we clearly aren’t where we should be. That $1 token price is so crucial to this ecosystem. Again, the human thought process is a key factor in determining value.

My advice is to be patient. The cycle of play2earn in crypto is turning in our direction. And with Bitcoin making new highs much of this new minted capital will be looking for a place to park. It’s a process but I believe we are still in the ground floor of a much bigger process.

Let’s just say we are at the right place at the right time. I love seeing the new developments that are taking place daily. Not to mention the daily earnings that I am currently receiving. Although I’m still staking it’s also important to live a little.

So thanks Leo Finance. This weekend I’m going to catch a flick with some of my token earnings. Got to ask my kid what is playing at the theaters right now. A movie and some popcorn bought and paid for with cryptocurrency.

Not to mention it was earned and not from an “investment”. This is the true path for cryptocurrency. Maybe in the future we can actually spend Hive eco tokens without having to go through the Coinbase route. The grander vision would be to have Defi, blog, token spend, and daily earnings all in one mobile app.

That would be some serious shit. But for now we make due with what we have. So as I feast on that delicious popcorn myself and my kid will think of all of you. Enjoy the 3 day weekend. :)

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