Bitcoin Is Not Just Another Asset

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·@ph1102·
0.000 HBD
Bitcoin Is Not Just Another Asset
I like to clarify things at the beginning... I'm not an economist, or a financial expert, nor an advisor... I'm just a guy who is interested in blockchain tech, cryptocurrencies, and decentralization... Learning stuff from the Internet, attending some conferences about those topics, and taking action in the "space"... 

The most important thing that I have learned in these 5-6 years is that blockchain technology isn't just another screw in a wheel, but rather a "next wheel"... It's something revolutionary and is changing the world at the moment and will change it even more in the future... 

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The process of "getting out there" was painful and "those in power" have tried numerous times to stop Bitcoin and the whole blockchain movement... Maybe 2-3 years ago, they realized that it's impossible to stop something that powerful and they have applied different strategies to push the breaks on crypto...

For example, one of the "reasons" why cryptocurrencies are bad is hardware mining as part of the PoW (Proof Of Work) concept... The "climate changes" are a trending topic and they have used it to ride the wave in tryouts to kill crypto...

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Of course, those things didn't go through and cryptocurrencies (mostly Bitcoin) have entered into traditional investing and their balance sheets... That's what we have wanted, isn't it? Yes, and no... :) Here on HIVE, we have a lot of great authors that are doing their best to EDUCATE people about cryptocurrencies... We shouldn't forget the main point of cryptocurrencies and blockchain tech... It's not just another screw...

After [today's 8-minute talk by FED Chairman, Jerome Powell](https://www.youtube.com/watch?v=zJ3sEeArWlw), the markets went crazy... His statement was like any other political statement where they say things, but in the end, they don't say anything new... It was the same today... But, markets responded... 

Now, all that isn't a surprise as it has happened before a lot of times in traditional markets... Now, with crypto, we would expect a different thing, but, as the same players are sitting on both sides, the results are the same... the reaction is the same... 

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In my opinion, we had the problem that the importance and DIFFERENCE between traditional assets and Bitcoin (for example) are diluted... If we look in the nutshell, Bitcoin is the complete opposite of traditional assets... It should be a cure for inflation... You can't put USD and BITCOIN in the same basket?!?! On one side, you have a heavily inflatable asset, and on the other side asset with a strictly limited supply... 

But, everything is possible in our upside-down world... The mainstream narrative is pushing the REAL VALUE of cryptocurrencies in the background, burying it deep into the ground... Trying to mix apples and oranges, to create confusion... As usually, bread and circuses strategy always works... Speculators don't care about reading the small print, researching cryptocurrencies, and considering them like just other assets...

**That works in a short term, as people like to follow, FUD... But, in a long term, quality, technology, transparency, decentralization, and the real purpose will come to the surface... As Bitcoin isn't just another asset...**

Thank you for your valuable time,

~ph~

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