Do Not Be Fooled By Bulls**t: STEEM Is The Real Deal!!!! You Will Be Well Compensated For Being Here So Early!!!

We are very early in the cryptocurrency game. In fact, blockchain technology is still in its infancy.

Over the last 6 months or so, the financial pundits like to talk about a "bubble" in cryptocurrency. A couple weeks back I wrote an article basically explaining the fallacy of this outlook. To start, cryptocurrency is not a financial instrument although it can serve that purpose. Instead, it is a technology, one that is inseparable from the blockchain. Financial instruments experience bubbles, not technology. It either works or it does not; it is either embraced or it isnt; it either evolves or it does not; but technology never bubbles.

I also stated in that article that it is impossible for Wall Street to put their hands on enough money to "bubble" cryptocurrencies. Since it is tied to the blockchain, one only needs to look at that to reach this conclusion. Even if the finance people pushed the market cap up 10 fold to 7 or 8 trillion dollars in the next 12 months, that would still pale in comparison to the 1,000 fold increase in blockchain technology over that time.

Of course, the comparisons to the dot com era (or worse tulip mania) ring loud and clear. They too are absurd. Since there is no bubble it is not even comparable yet they keep at it anyway.

I must state that I am talking about cryptocurrencies in general, not any particular token. There are going to be many that fail. Some are outright scams while others are being run by people without the expertise to pull off what needs to be done.

Wall Street is getting hot and heavy. I told a buddy of mine after the Long Island "Blockchain" company mess that I knew exactly where the bubble would be: in the stock market. Sure enough, we are already seeing this emerge.

Cryptocurrencies are not the ones that are going to be pumped and crashed. There is a solid foundation. Besides, the money Wall Street is pouring in is peanuts. As I stated, even if they put this 10 fold in a year, it is still less than the gold market which is a minor one compared to stocks and derivatives. If you want a real bubble, go where a trillion is a very small number.

Blockchain is the new buzzword just like Internet was 20 years ago. We are going to see Wall Street run the exchanges up for a few years before they collapse. This is how the financial titans operate. Of course, they will be long out of the market when the crash happens leaving the average Joe holding the bag.

Kodak's stock jumped yesterday based upon their interest in the blockchain. Of course this is a centralized system which, in my view, negates it being a blockchain. They might operate similar yet it is really a database. Blockchains are decentralized...that is what gives them their power. When one controls the chain, that power is diminished. Can they even claim that can't be hacked since it is all their servers that is holding the information? Blockchains security value lies in the fact that it is a thin layer spread very wide leaving a hacker without an access point.

Nevertheless, we see what is taking place. Kodak, a company that is in the toilet, mentions blockchain and Wall Street goes nuts. This, my friends, is where we will see the real bubble. Hundreds of billions flowing into crypto is nothing compared to the option activity on most of the major companies. Those instruments are so leveraged that they make the crypto world appear small....which it is.

This is just more of Wall Street's bulls**t. Personally, since I do have money in the market, I am going to ride the ridiculous wave they are going to create. It is easy money. The banksters simply cannot help themselves. Nevertheless, do not buy in expecting many of those companies to do anything since the decentralized blockchains are still going to clean their clock.

Which brings me to STEEM. Unlike what the banksters are doing, STEEM is not bulls**t. This is a viable blockchain which has a great deal of activity. It has the highest number of transactions and is leading the way into Cryptocurrency 2.0. People on here are making money which leads them to telling their friends about it. At the same time, there are many developers who are creating an assortment of new apps which will only add value to what is already here. Finally, SMTs are on their way which, in my estimation, will have a similar impact that ETH experienced last year.

Oh and did I mention it has no transaction fees?

This blockchain is just approaching 600K people. To put that in contrast, Second Life has 1M monthly users. If you want further contrast, those people walking around the park looking at their phones trying to find Pokemon, that was downloaded 752M times. The other day, we hit 60K users in one day. If this were a baseball game, we are still in the singing of the National Anthem.

There is a video titled "Blockchain Versus Bullshit" by Andreas Antonopoulos which talks about knowing what a blockchain is and what is really bullst. I take it one step further to mention that it is important to know what is the avenue that will lead to blockchain wealth and what is bankster bullst. The fact that stocks will go crazy over the next couple years simply because they mention they are getting involved in blockchain is certainly banskter sulls**t.

To all those who are new on here, keep getting involved and putting the time in. The cryptocurrency world is going to create a ton of millionaires. It is also going to end the suffering of billions around the world. STEEM is right at the epicenter of that right now. We are seeing this one blockchain gear up to be a major player. Even if you accumulate a couple hundred SP, that will be worth a lot of money 18 months from now. There is no way to conclude anything else. I looked at this from many different angles and it all leads to the same outcome: massive explosion.

My hope is now you will quietly smirk the next time you hear some talking head on T.V. question whether bitcoin (or cryptocurrencies) is in a bubble. Trust me, we have not even begun to see the bubble Wall Street is going to create and it isn't in tokens.

Wall Street will party like it is 1999....

...it will just be in the arena where tens of trillions of dollars can be put into play...and that is the stock market.

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