I am invested in crypto. My portfolio holds many tokens. XDC and DC are among them because I believe in the teams, their visions, and their know-how. Cryptocurrency is the biggest opportunity of a lifetime. The chance to get out of debt, build wealth, and gain financial freedom.
Crypto prices are falling because people are selling. They are selling because they’re afraid. They are afraid because they are being told crypto is bad, that it won’t last, that it’s too risky. Meanwhile, the prices of gas, food, and clothing skyrocket. There is pressure on the people to encourage them to do things the way they’ve always done. Stick to the falling dollar and get back to making those precious pennies on your bank savings account. Earn that 5-8% on your 401k. But you can’t have crypto in it. Not until the big boys and girls say it’s okay. All of you regular folks need to wait until crypto is regulated and safe. Unthreatening and mainstream. In the meantime, the big boys and girls pulling the strings, paying for those negative headlines you’re gobbling up, are lining their pockets. With crypto. Directly and indirectly. For now, you just play it safe and fight to make ends meet.
So far this year, Global VC Investments have topped $15 billion. Sure, there’s been something of a slowdown, 2021 was an incredible year for cryptocurrency. Awareness was kicking in. It popped up in songs, movies, TV, and social media. Now, with so-called macroeconomic factors at play, crypto is feeling the woes, just like everything else. Why? Because we’re still early. People don’t understand that crypto doesn’t sleep. That the work doesn’t stop. And that—shhhh, now—they don’t need a bank. There’s a lot to learn about crypto, but if people do the research and invest wisely, they can indeed become wealthy. Maybe not Lambos and islands, but a paid-off Honda and a trip to Antigua without maxing out the credit card ain’t all bad. It’s all relative. But regular joes shouldn’t wait too long. Don’t mortgage the home. Don’t invest more than you can afford to lose. Don’t throw thousands of dollars at a token that went from $88 to 8 cents overnight. Be realistic and know that even the best crypto projects, just like the best companies, can fail. Nothing lasts forever, which makes the case for well-researched, wise investments in cryptocurrency even stronger.
Back to those global investors. That word, by the way, is important. Crypto is GLOBAL. That’s part of its beauty. And that’s part of what scares people so much. Especially here in the US. Something with worldwide appeal and power and use case is hard to manage. People will get hurt, they say. People can be victimized by scams, hacks, and theft, they say. As if crimes involving the USD don’t happen every single second of the day. And one of the biggest fears? Crypto will weaken the dollar. As if it needs any help. The USD has weakened over time because they keep printing it and propping it up with recklessness. If anything, the world ought to be outwardly embracing crypto and its related technologies. But they can’t, not yet. Those that are in power now and wealthy now need to keep the regular joes where they belong—in regular land. They don’t need a bunch of regular joe millionaires out there screwing up the program. And so, they keep them down with fear and rules and threats. Meanwhile, according to a recent report by PwC, 38% of traditional hedge funds are in crypto—or as they like to call it, digital assets. That’s up 17% over 2021. Africa is one of the fastest-growing markets for crypto. VC funding there is up 1,600% over 2021. Do a quick Google search on VC investments in crypto. It may help calm your nerves. Nothing has changed in crypto. The teams are stronger than ever. POCs continue. Partnerships based on trust, vision, and use cases continue to develop. Crypto is addressing pain points and solving real-world problems.
Take a look at XinFin and TradeTeq in the trade finance world. They are working magic, slowly but surely regarding the tokenization of trade finance assets. Go see what Andre Casterman has been up to. The DNI, the TFDi, his articles published on LinkedIn are enough to get any savvy investor at least a little bit curious.
Dig into Datachain Foundation. They believe that the future of money is hybrid, and that the future of the world economy lies in tokenization. They’re currently working on a tangible (gold/silver) version of their DC token. Additionally, their Passenger DataWallet work with their sister company, BrainCities Lab, is groundbreaking stuff.
Maybe this is the type of work that scares people in power. The establishment. The wealthy. The elite. They’re shaking fingers, casting doubt, making threats, and telling you to avoid crypto because they want you to be safe. Because they really care. Right? Or maybe, just maybe, they’re buying up as much crypto and everything related to it that they can, so they remain in power.
Take care of your obligations, your family, and yourself. Research crypto and learn. You’ll be happy you did.