When the bubble bursts

in markets •  6 years ago 

FOMO has been the primary characteristics for the popping of every bubble, from any market, currency, history civilization. Especially true later centuries, where masses were giving opportunities to invest in spices sugars, (trading) metals oil equities, debts/obligations and tokens that will represent some utility that will be of value moving forward into the future, are all financed by FOMO and often fail as a result of bubbles,as the system was built to go from extremes, but today is different. Access to information and a shared Planetary system is required in order to cohabitate without war and famines. So this next system will succeed, as the people have the ability to communicate openly, share code, set rules and actively govern a open sourced systems, but, first we will have to fail. And before it fails, FOMO has to occur..... As this system is built on top of lies, about the main premises of human nature, mankind.... Greed, nature that our individuality leads to a never satisfied lust for more........ Keeping up with the Jones!!! The stress that this creates on humanity is substantial....But, in order to transition, we must hit the wall first....... Before that wall, FOMO will precurse........ Everyone will want to stake their claim on any asset possible before the system collapses and this will lead to significant inflation

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