Back in olden days when I was actually playing Magic The Gathering, a new type of creature emerged called the Sliver. Slivers are the ultimate synergy card. Each sliver shares its ability with every other sliver on the battlefield. If you could manage to keep a fair share a them alive, winning was very easy, as each new one played gained the abilities of all the others, while all the others gained the ability of the one just played.
Crypto is turning into an army of slivers. While everyone watches and waits for them to devour each other, they keep giving one another new abilities and become stronger than ever.
- Bitcoin - All blockchains gain Lightning Network.
- DigiByte - All blockchains gain DigiShield.
- ZCash - All blockchains gain zk-SNARKs
- DPOS - All blockchains gain efficiency.
- Bitcoin - All blockchains gain SegWit
- Etc. Etc.
This is the nature of open source technology. Cryptocurrency has infinitely more potential than its fiat counterpart. This is where the competition exists: between fiat and blockchain. Venture capitalists have been demanding that 90% of all crypto projects die. Well, spoiler alert, the opposite is going to happen. The number of crypto projects and tokens will x10 in the coming years; each one with the opportunity to add value to the entire space.
When I look at where this is all going and compare it to where most people think it is going it just blows my mind. How can such smart people get it so wrong? How could I possibly be right in the face of this tidal wave of supposed ignorance? It really just comes down to one thing:
Blockchain is something the world has never seen before, but it looks very similar to previous technologies.
Throw liquidity onto an exchange and crypto looks like a stock. Behold the centralized development and a blockchain looks like a corporation. See a bubble in the market and associate it with the previous tech bubble. We keep projecting the past onto the future, but the future will be nothing like the past.
Case in point: look what happened after the bubble popped.
We're all still here. Meanwhile, Dot-Com was an absolute disaster.
Conclusion
Every day I think about how we are stuck in antiquated and stagnant thought patterns. There has been a monopoly on currency for over the last 100 years. That monopoly is about to be broken, and we can't even fathom the consequences because it's all we've known since we were born. Not only that, we have the opportunity to break up all the monopolies present and usher in a completely open source and cooperative economy.
Certainly, we aren't ushering in some kind of grand utopia. People aren't going to stop being greedy. The power grabs will be of legendary proportion. However, the playing field is about to be leveled greatly by this flat architecture. There are going to be amazing opportunities for all of us in the future who are paying attention to the here and now.
Cryptocurrency targets community. Make the choice to be a part of the communities that want to make the world a better place, rather than try to rule it. Your choices will be recorded on the chain forever.