Bitcoin, Shitcoin, Memes, and Monopoly Money

by Randy Gage

  • Solving problems
  • Adding value
  • Envisioning superior possibilities
  • How does it work in non-tech, layperson’s terms?
  • Why does it matter to you?
  • What will it mean in your day-to-day life?
  • How can you apply it to manifest prosperity?
  • Enabling a decentralized finance system (De-Fi)
  • Providing a platform for cryptocurrencies like Bitcoin ($BTC) Ether ($ETH) and others to run on
  • Allowing the creation of Non-Fungible Tokens (NFTs)
  • Facilitating Decentralized Autonomous Organizations (DAOs)
  1. It becomes worthless.
  2. It pivots to another use.
  3. It becomes accepted and used as an actual currency.
  • Many of the public influencers promoting cryptocurrencies and NFTs have inherent conflicts of interest.
  • There is potential for market collusion and manipulation by anonymous large players in the market.
  • Bad actors will try and use the technology for nefarious purposes.
  • Unsophisticated participants will get taken advantage of.
  • The incumbents in the space will do everything in their power to hamper, sabotage, and even ban cryptos.
  1. How can this add value or solve problems?
  2. How will this work when that glitches get sorted out?
  3. How large is the potential addressable market?

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Randy Gage

Entrepreneur. Author. Jedi Knight. Fighting the forces of evil, one post at a time. Gimme a clap, yo. http://www.randygage.com/