The other day I wrote about the dotcom bubble and today it's clear that cryptocurrency is taking the same dynamics. It is vividly clear that the internet era (I mean the beginning) brought in a wave of technological belief that holds strong and truly we have to appreciate it. Many believe in it because it's all about the future. It made the necessity of being present in physical form negligible because presence can be made online without being present at the time and place. The internet market was solely responsible for a crash that even led to deflation but the result it was aimed at stood tall.

Today everyone wants to be online, the beginning of a new millennium changed the outlook that we've been witnessing. Everyone is going online and money also went online and we creating the magic moving forward daily.

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Striving Forward Regardless

TM made a post yesterday that led me stick with a fact that was stated, "value". Absolutely that is all that is required for cryptocurrency to stand through the test of time and I mean each cryptocurrency individually.

Usecase for a cryptocurrency is what would bring about demand as it would be used. Just take look at the total number of cryptocurrencies in existence and you'd be amazed that it's over 13,000.

Truth is that as humans, we'd be moved towards where the money and where the money goes to is where every other person would want to go. Digital money has taking that direction, everyone is moving towards that direction, regardless of it losing its worth more are throwing money in just as the internet bubble wrap. There's only one explanation, it is becoming obvious that its inevitable, "you can't stop one whose time has come." That just flowed in my mind.

We've seen the effect of FUD having the greatest edge in markets being stock or crypto market, lol, I've always wanted to mention stock market and crypto market side by side. It was mentioned by @taskmaster4450 yesterday and I actually leaped for joy. So right now if it comes to mind, we'd just put it out.

What's More Important?

Just two options, long term or short term. You simply have to decide what lane you'd be taking. Being created is the the first step and the purpose which it's built on cements it.

Giving what is built value of which it holds, I have no other better understanding but for Hive and Hive Backed Dollar, the two, hive more of a stock, very volatile and HBD the essence of exchange.

Holding is only as important of being able to exchange it for something worthwhile. Isn't that why crypto is created to play the role of money even having more value than it. Clearly, we remain overwhelmed at first but truth reveals itself not at one but in stages, and as truth is embraced understanding follows through.

Building continues even when its purpose is being fulfilled. If it's possible build it to indispensable, ah, we are already at that bridge and crossed it. Cryptocurrency blockchain technology and its open source as it remains decentralized, makes it beyond reproach.

Thanks for visiting my blog, till next time.

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