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You Asked For It But Did We Really Want It?

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@bitcoinflood
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For years I heard whispers and wishes for institutional investing to come to bitcoin. Those hopes and dreams of turning your few bitcoin into riches!

Well that day has come! But was it really something we wanted?

Bitcoin was founded to replace corporations. To eliminate the bottle necks and middle men controlling everything. Well institutional investing means just that. The big boys and girls are stepping in and making massive buys which is eating up all of the bitcoin.

Three years ago all corporations and banks did was talk trash about crypto and bitcoin.

Now today we have headlines like this...

Now this doesn't have to be a bad thing. Many of us got in early but still only hold a small fraction of all the bitcoin out there. If we sold today we most likely would retire and live happy. However for us we have a grander vision and while we might sell off some to live that relaxed lifestyle many are HODL and wanting to build.

This building is happening on other blockchains outside of Bitcoin. I see this being the next big wave and what many are calling Web 3.0. A true fully decartelized system for finances, trading, social media and more!

It's almost like reinventing the internet all over again and while it may night be over night 10-20 years from now we will be sitting on top of a true better decentralized system. This also leads me to believe that Bitcoin itself will die and fizzle out 10 years down the road.

Another halving will have taken place, fees would be huge for transactions and still it would be a dinosaur slowly moving along. However all of that capital within it will instead be moved into new innovative blockchains that have more capabilities, faster and better processing and much much more. In fact DeFi itself wasn't born until August of 2018 and only recently has started to really catch on. It's still a baby in terms of what the possibilities are.

BTW If you're not already in it GET YOUR BUTTS OVER TO CUBDeFi and pick yourself up a few for the long haul. At roughly $2 a pop it's a heck of an easy investment for long train gains in my opinion.

*This article is meant for entertainment purposes only and not financial advice.

With that being said we do hold one advantage as individuals over corporations and that's the ability to act on new things dealing with Finances faster than them. Just like we got into bit coin 10 years before they started to we now have the upper hand on these alt coins and decentralized social media sites.

This is now where our focus and power is shifting and the driving up in bitcoin and Ethereum prices are helping to fuel these new platforms in there year 1 or 2 stages.

Posted Using LeoFinance Beta