Why Crypto Is The Future
time for change

Why Crypto Is The Future

By Hooked2TheChain | hooked2thechain | 20 May 2020


What I love most about the cryptospace is that every morning I get up to read and write about it, there is always something interesting or exciting going on. Whether it's information explaining how to stake Ethereum 2.0, or information about what is arguably the most exciting project in the cryptosphere, i.e. the Lightning Network.

Whenever anyone says that Bitcoin will never be able to deal with so many transactions due to high transaction costs, which recently rose to an average $5.16, or that people will never trust bitcoin over fiat, I always say the same thing. I just say three words - "never say never". It is genuinely amusing to hear the failed past predictions. Here are some of them you can quote if someone tells you Bitcoin will never be able to do xxx:

Prediction: “This ‘telephone’ has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us.”
Who: Western Union internal memo When: 1876

Prediction: “I think there is a world market for maybe five computers.”
Who: Thomas Watson, chairman of IBM When: 1943

Prediction: “There is no reason for any individual to have a computer in his home.” 
Who: Ken Olson, president, chairman and founder of Digital Equipment Corporation (DEC) When: 1977 , in a talk given to a World Future Society meeting in Boston

Prediction: “Television won’t last because people will soon get tired of staring at a plywood box every night.”
Who: Darryl Zanuck, movie producer, 20th Century Fox When: 1946

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What makes me want to get up every morning and write about cryptocurrency developments is that there is always something in the pipeline. There's always developers working to fix bugs. There's always entrepreneurs investing time and resources in the space. There's always crypto enthusiasts expressing their interest in the decentralized revolution. Wherever you look, things are changing and while there are still problems, things are always getting better. There's always crypto content creators consoling their audiences during market crashes. There's always educators breaking down complicated crypto concepts into words we can understand.

When I first entered the space 3 years ago, there was only one decentralized network I could earn crypto on - Steemit. While Steemit has taken a different course with the Justin Sun takeover, there are now many other platforms where you can post and earn crypto including Publish0x, Hive, Uptrennd, Library, 3Speak and more! It's as easy as ever to start earning money by just posting content. If you post on decentralized platforms such as Hive you don't even have to worry about a centralized authority taking your content down - it's always there on the blockchain. While Publish0x isn't as decentralized, I still like it for several reasons which I outlined here.

The point is that this space is constantly changing and every time there is a failure or bad news of some sort, and bitcoin doesn't die, it becomes stronger. Every time someone tries to take it down or bash it to the ground, but fail, the whole crypto space grows a new arm and leg to fight off future attacks. It's like an alien constantly morphing into better and stronger versions of itself. It's so exciting!

Tell me, what excites you most about the crypto space? Let me know what your thoughts are. What did you like/dislike about this content? I'm continually seeking to hone my craft, all feedback is valued!

I'm not here just to post my content, I want to interact with the community too, so please, comment!

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Want to connect? Follow me on Publish0x, on Twitter, on Hive and on Youtube!

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Disclaimer: Note that this article contains referral links and I may earn a small commission for my effort in spreading the word about crypto if you click on them. This is not financial advice. Trading presents financial risks. I cannot take responsibility for losses you might incur.

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Hooked2TheChain
Hooked2TheChain

I spend all day researching, writing about and trading cryptoassets because they give the power back to the people


hooked2thechain
hooked2thechain

The idea of a bordlerless, trustless, immutable & decentralized form of value transfer transmuting into reality is the main reason I get up every morning.

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