During this dismal week for the crypto space in general, what kept me occupied was the reasons behind the trend in the market. Was it the South Korean Regulations, or was it the various attacks by the nay Sayers. Honestly speaking I don't think we will be able to know. So giving up the wild goose chase, I decided to concentrate my energies on finding out what the economic leaders of the world thought about the crypto space, the amazing and disruptive technologies and the prospects of such huge number of projects.
As many of us are aware, the World Economic Forum(WEF) essentially provided a sneak peak into the minds of the people who control the money flow for almost entirety of the human race. It was a view that should be remembered as the earliest signs of pre-war consolidation. All that I could see was patterns and co-ordinated view points coming out of the majority of them. The Bankers are very weary of Bitcoin, as it essentially has the potential to take back a lot of the control from central authorities; Authorities that have thrived for the past 100 years on keeping the system exclusive to a party of elite. A system that is designed to be skewed and obedient to those who are in the know. Information which is only available to a select few make them very powerful and greedy at the same time.
So, to come back to my initial point of view, this years WEF was a consolidation of the world banking forces. They were there to check their weapons(read power of regulations) and make their war strategy ready. I would not be surprised to see a systemic and almost orchestrated regulatory bombing sequence, designed to hit the very foundations of the Crypto Space. These are not happy times. It is not a game of enthusiasts anymore. Its entered a different phase and while they are organized, the crypto space needs soldiers that are loyal to the core believe systems of the projects that are meant to destroy the system of the elite. We are a nascent group with no direction. How do we prepare for the on coming onslaught? By following the most basic and powerful tool of all. UNITY in diversity. We have to really resist where the Fear takes over that we might be loosing our investments. Keep trust that hundreds of billions of dollars, is what this new world is worth and will probably reach unthinkable heights. However, for it to reach there we must show immense amounts of patience, maturity and honesty.
If this blog post has entertained or helped your knowledge, please follow, upvote, resteem and/or consider buying me a beer:
Bitcoin : 1B9WtSPD48wuPLoJRPFGkdeA5MsRY5z5No
Steem : coins4max
Litecoin : LZo9rDUoV9LpVS2BwtqjDPedYpjGebNJk9
Ethereum : 0xd782ec70039c401fe1b6195e9c7f5cbb4b526cec
All pics courtesy google, rockart.
Congratulations @coins4max! You have received a personal award!
Click on the badge to view your Board of Honor.
Do not miss the last post from @steemitboard:
SteemitBoard and the Veterans on Steemit - The First Community Badge.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @coins4max! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit