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Like @papilloncharity said, tech is the future \m/.

People do indeed fear change... I was involved with Internet Banking a lot in the late 90s & early 00s, and I clearly remember people shouting how they would NEVER transact online... HAHAHA.

Not unlike the dot-com bubble around the same time... a lot of hype, FUD... AND "this is clearly the future... why can't you see it, dammit?" noise.

I strongly believe Crypto is going through a similar thing. Those that are in for a quick buck are gonna/have already seen their asses... but those of us that are pioneering (even fumbling through) the early stages will reap the benefits once the masses start flooding in... not just financial, but being in a position to take advantage of something we already know very well.

Time Will Tell ;-)

Fear is natural, research is available, learning is imperative we need to keep up or lose out...

Wealth, if you use it, comes to an end; learning, if you use it, increases. ~ Swahili proverb

Thanks for the link to the KPMG document Joan.

I'm with you Crypto is here to stay and will not be destroyed as some "Doom n' Gloomers" are saying. If anything its just evolving, moving into a new chapter as the worlds banks and governments wake up.

In my opinion, I believe 2019 will see a steady recovery of the crypto's

Wrote the article then saw the document from Coinbase and KPMG, so glad I did since it is so relevant to naysayers of crypto, in technology today @stevejhuggett thanks for commenting.

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@joanstewart,

Hi Joan. If you want to know why Bitcoin crashed, decimating the altcoins in its wake, here's the explanation:

https://steemit.com/steemit/@quillfire/coming-out-of-the-closet-i-am

Quill

Ha ha, good read and a fun start to my day over the pond Quill

@joanstewart,

:-) :-)

Quill

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Thank you for linking the KPMG report, Joan! It’s a good read!

Report is something good to bookmark or download, reference back to, was interesting reading Oleg.

Really Informative 👍 Thanks

Thank you for the link @joanstewart

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Informative. Thank you

Bitcoin has a great future

Some crypto might work but I do not know which one. I still favor silver and gold. They do have the history behind them and this paper silver and gold is not the real thing. Take possession of it.

Thanks for this post.

Let's face it, technology is the future and the blockchain is an excellent vehicle Lady Joan. Sadly people fear change as can be well remembered about the doom and gloom when the first car was invented! Change is a constant! Blessings!

Those who don't learn now will slowly get dragged into new technology kicking, screaming, still have to adapt LOL... Times they are a changing

Saludos desde Kryptonya ID Mariale

Thanks for the post@christiano199

However is much better to be prudent

Este mundo de las criptomonedas es muy complejo para mi, estoy ahorrando con ellas ya que la economía en mi país es un desastre y ahora pasa este bajón que desmoraliza. Saludos id kryptonia @reyos69

I think its the time to buy for tomorrow. Crypto market pump and dump always happens.

Follow you on Kryptonia
But you are out of coin and cannot pay my task !

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I was on the old beta, not the new one !!!

An excellent point of view, and with anything new, there are going to be kinks, ups and downs and in reality cryptocurrency is relatively new, and misunderstood by a few as well. I look at this as a long-term investment as opposed to making a quick killing and my approach is to earn, rather than invest.

A bit of both invest and spend @socialmediaseo

nice post my friends |@joseleonardojose

Understand that Bitcoin hasn't even began to establish it's Real and it's Full Value. There will only be 21 Million BTC in Total, and we are currently already at 17,386,838 BTC.
But almost no one in the world is talking about this or is even aware of this. The closer we will get to 20 Million, the more who will discover that THERE WILL NO LONGER BE NEW BITCOIN MINED.
At that point, almost Everyone will want to Own at least some Bitcoin.

Well... here is another Reality:

There is currently already 34,000,000 Millionaires (yes, 34 Million Millionaires) and that number is growing fast.
So... you know all too well, that once we come close to the limit of 20-21 Million Bitcoin, that EVERY MILLIONAIRE will want to own Bitcoin.

Guess what?

There isn't even going to be enough, for Each Millionaire to have 1 Single Bitcoin.
So... there is only 1 Option, at that time... and that will be that Bitcoin will SHOOT UP IN VALUE, so that to even own 1/2 of a Bitcoin or 1/10th of a Bitcoin will still be Valuable.

By then, a Bitcoin will be worth over $1 Million USD for 1 Bitcoin. McAfee calculated that it may be $6 or $7 Million USD for 1 Bitcoin....

Only started, value will grow over years of use. Definitely not a short term plan in anyway.

Greetings from Kryptonia

Good post

Wow, this a great information, thanks for share