During a recent therapy session... no...I didn't start therapy due to my crypto currency obsession...I was discussing how I had been investing in bitcoin for a few years... had pooled a decent return on my investment...and now found myself a bit too involved daily worrying whether to sell or hold out of fear of losing what I had built up....in fact...it was triggering a lot of age old anxieties in my pursuit to find "security" with wealth and help other family members who are also struggling to make ends meet....
My therapist...who like me is close to retirement age...said out loud..."if it were me....I would sell"....
Fortunately...I'm not him...if I were...I wouldn't have hung in during all the turbulent times waiting for this blockchain stuff to evolve and gain greater investor acceptance...I wouldn't have reached the point where I went from almost nothing to lose to having more than I would want to lose...
Don't get me wrong....I get it...a lot of people see this stuff as hokey pokey....make believe...digital trickery..."its not real....its a scam...its a bubble"....but as I pondered driving home from my appointment...who says it isn't real?
You see...I came to the conclusion if enough people think its real....then it is....at least to them...face it...a lot of the skeptics think the savings account they have at the local bank branch is real...they assume its "stuffed" with their money just waiting in case they need to withdraw it...they think the stocks they own in their retirement accounts are "real"...after all...aren't they backed up by a "real company" that does "real things" and valued daily by real stock market traders?... Isn't that gold bullion sitting in their vaults "real"....After all...its shiny....makes fine jewelry...takes a lot to get it out of the ground...and for thousands of years people have been told how special it is...and by the way...it has "real' gold traders telling us what its worth on a daily basis....same could be said for the many gems that exist...
And what makes a "collectible....collectible?" Because its scarce...."treasured"....and enough people want it to make it valuable?
So if I and a few million other people around the world look at crypto currency has having some or all of the qualities mentioned above....and are willing to put our money where our mouths are....then it becomes real....
Add to that a "boomer" generation coming into power....having lived through their young adult years....protesting....experimenting....questioning authority....disgusted with today's paralyzed governmental structure......suddenly igniting those lost emotions and sending a silent message with each coin they purchase... which leads to the underpinnings of an emerging new society less dependent on a centralized power structure and more dependent on personal independence...."Country of Crypto" anyone?
Couple that with this new age of connected technology...face time replacing face to face time...the constant stream of video games or video interruptions stimulating us daily...and a "currency" that offers the excitement of "Cruz Ball"...(an old "Genesis" game system game I got hooked on) ....and you have the perfect worm hole into a new reality...."Yes Virginia....there is a Santa Claus"....