Have we lost our way with crypto?

Every time I write some bullish crypto article I think to myself: "is this really bullish for crypto?"

You can almost see it in my writings because I always want to be able to defend what I wrote.

If I have a history of inconsistency in opinions on something, then why would anyone ever waste their time reading what I've written?

I might just change my mine tomorrow and perhaps, they could have really agreed with what I said yesterday and gave me a follow, but now, I've made them an alien in my fanbase if they aren't bold enough to hit unfollow.

This is a situation I cannot afford. So rather than rely on not forgetting an opinion I've had in the past and put into writing, every time I have concerns over events I cover, I will stick things in there that gives me an easy way out later, if my earlier concerns materialize.

Are you lost?

Maybe you're a little lost because this hasn't been my style, but breaking a crypto news can be a soulless form of writing, and it gets tiring sometimes, but wanting to discuss these events is something I love, so maybe pardon the switch in style.

Over the years of publishing my articles to the hive blockchain (probably over 1,000 today), I have changed my style a couple of times, sometimes as an improvement, other times, I don't really know what the fuck I was doing.

"Fuck," now that's a word I think I haven't used in a while and there was a time I probably used it very often, because I wasn't writing to be professional, but to communicate an opinion.

I guess what I am saying is: I have lost my way, I can acknowledge that.

This wasn't always the plan, fact is, it never was. Understanding this, why don't we put the one thing I write about in the spotlight and see how we've all performed with it, over the years.

Have we lost our way with crypto?

Earlier I said that whenever I write a bullish crypto post, I question if it is really bullish for crypto. And before the whole spiraled personal secret bit, I added that I often added these concerns in my articles.

So, I want to expose how.

If I talk about tokenization, a topic that's heavily in the news these days. It is often a piece on how bullish it is for crypto.

But if you pay close attention to such articles, maybe not in all, but in most of them, I always highlight that tokenization in itself doesn't do shit for crypto, that what brings value is the exposure it creates and the fact that liquidity coming on-chain eases a pain we've carried for years: onboarding liquidity.

Certainly, it doesn't seem like something that's really exposing a concern, well, it isn't supposed to be.

A journalist will not tell you that you're better off ignoring the entire article you just read on crypto investment, they'll just slap a "not financial advice" disclaimer, despite having heavily sold you lots of bullshit that they hope you click and buy.

It's the same. It isn't meant to be direct, because it isn't about protecting the readers but the authors and the platform.

So with the example above, if we end up failing to capitalize on this capital coming on-chain through tokenization and the exposure, I can come out and write about how we're fucked and how I've always said it that we needed to use the opportunity well.

The entire "bullish for crypto" narrative becomes a silent wish (prayer maybe?) that we can make the best out of the situation.

Because, at the end of the day, these institutions, the banks, the traditional companies, they don't give a flying fuck about crypto! They wish it never existed!

Everything they will build will not be about growing the ecosystem on its founding values and principles.

So have we lost our way with this technology?

Probably, but the truth is, there's still time!

A couple of things are clear:

-We need to prioritize privacy.

-Prioritize keeping the network's permissionless.

-We need more solutions that gives individuals actual control, that is expensively difficult to take away!

TradeFi companies are not coming on-chain to help us build the system the was aimed at breaking the chains they had on us. That isn't what is happening.

We'd be fools to not realize it.

I will probably still write and publish my "bullish for crypto posts" because truly, these events "can be" but enough emphasis have to be given to what will actually turn any of these into a success story for our industry.

Posted Using