I woke up this morning to Dan's solo talk What Am I Doing During Times Like This, I miss his lone talk videos, a lot to take in when you listen to him with passion for Hive. We all are reacting to UST/Luna crash one way or the other since it affects us either through owning some Luna/UST or as a result of ALTs dipping in price value.
A takeaway from Dan's talk is finding protocol(s) that works and stick with it/them, basically this implies identifying crypto project that has the potential for sustainability. Yesterday, Task spoke about Trust within Hive which is a vital element to look out for when opting for cryptos to invest in, we some times ignore the fundamentals of what decentralized blockchain should be and go after the money.
There is a good feeling to investing in project(s) one believes and trusts. Majority of us missed the early days of Bitcoin, the quest now is finding those early development crypto(s) that has the potential to be here in the future as we can see with Bitcoin with every opposing thing thrown at it but still here.
Hive represents similar characters of sustainability, it is not just a random blockchain without use case, Hive is home to use case DApps with numbers rising. This is where it takes the place of the right protocol for me, I believe in it, I trust it because I don't have to trust anyone but the base code. *And this is where you have to do your research and not take this as financial advice. *
Sadly there are thousands of victims to the UST/Luna crash, I read a post on Hive yesterday about 8 people that apparently committed suicide for UST/Luna investment. This is not to castigate anyone but for us to come back to basics, ask ourselves what does Satoshi's selfless act of gifting Bitcoin to the humanity means for us. We have been gifted a technology with the potential to free us from systems that has been of no benefit to majority. Identifying that chain with potential to benefit the ordinary person should be the aim and for the blockchain tech I have come to know the money will always follow when you get involve.
We are in the early stages, a lot trial and error before solid projects are establish but until then we have to curb the rate of losing massive funds to investments based on hype with no potential future.
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