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@mykos
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Whereas, i do agree with some things in this article. I also see some fallacies. The fallacies that people with unusual tolerance for high risk are visionaries or genius level i think is incorrect. I do believe there are such visionaries that exist and they certainly exist in cryptocurrency

However the fact of the matter is a large percentile of cryptocurrency is just driven by speculation. So bitcoin was crafted from digital currency in satoshi's idea to a venture capitalist wallstreet wetdream. So most people just hoping to get rich from the darn thing. No real use or utility whatsoever.

You ask them if they even used btc today they probably will tell you no. Now what i do agree with is the idea of " blockchain" technology was the vision. Not so much can you get rich from bitcoin or ethereum. A currency is the same use at any value it serves generally as a medium of trade. So now they say its a store of value okay fine well it's going up and up and until it doesn't go up anymore it has no use really.

The idea that blockchain technology gives value and power back to the people in a way that they now have a choice not to be victims of their governments or any syndicate or controlling group is very valuable and whoever created it is very visionary. I don't think it was created by one man or one group to be honest. I think it was always building up from system to system.

So blockchain technology is the vision not speculation and not if you can drive a lambo that does'nt improve the world it means nothing to the world. it would maybe mean something if most of them could drive lambos but most of them don't and teh distribution is poor. Alot poorer than distribution in our standard economy right now so you're not going to get alot of economic prosperity from cryptocurrency yet in the sense it will be significantly valuable to the world.

Evenso you're right some people who got in got lucky or were probably a small percentage of einstein level genuises got rich. There is an important lesson here. When people get tired of being on the bottom end they find systems to work for them. Nobody wants to be at the bottom of a system or serve the interest of those at the top and they go no place. Thats why i foresee a new vision in ubi that will serve the people and will at some point in the future overturn these poorly designed systems that aren't sustainable that are a kin to neofeudalism and will not endure but ubi will. So that's the new vision.

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