Why crypto could wind up like the The Boys if we’re not careful

Bienvenidos mis ositos, tu siempre eres mis queridos! (Welcome back little bears you are always my dears!)

Growing up with nerd tendencies wasn’t easy. It was easy to get bullied or mocked for liking comics and superheroes.

But it was worth the risk as it gave an outlet for my (and other kid’s) imaginations.

Fast forward to today.

Comic book superheroes are on the small screens, the big screens maybe even as a subscription on your tablet.

Comic book superheroes have become normal as evidenced by box office profits and merchandise sales!

With so many superhero flicks and shows coming out there are concerns that the genre could get stale.

This is where shows like The Boys come in.

At first I wasn’t sure if I would like The Boys show. I know it’s meant to be a dark parody. I’ve read about the gratuitous sex and violence. The vulgarities.

Supposedly the source material in the comics are even worse!

I don’t enjoy seeing my superheroes dragged through the mud.

But it does make you think.

We’ve heard the phrase “with great power comes great responsibility”. But what if people shirk that responsibility?

If you spend some time watching The Boys you may get dismayed that people are @$$holes regardless of they have super powers or not.

Absolute power corrupts absolutely.

This quote would be more apt to describe the action in the Boys.

If a normal person gets a taste of power, could they be counted on to do the right thing?

I’m not going to spoil anything from the show you can choose to find out for yourself.

Which brings us to crypto.

One of the main draws to crypto for me was the promise of creating a new and more fair financial system.

In this new world, people could send value to whoever and wherever you want. You don’t have to worry about being rejected because of your skin color, what’s between your legs or whatever you worship.

It just works!

Could there be dark clouds that could create a dystopian crypto alternate timeline?

Could we as a crypto community eventually become the bad guys?

You’ve probably seen the “Laser eyes” profile pics in the Bitcoin community.

I’m quite fond of Bitcoin as a store of value on long term timeframes of 4 years or more. DeFi and other  use cases should be left to blockchains that can handle the load as user adoption skyrockets in the future.

Already we see prominent figures in the Bitcoin community stir the pot against altcoins.

Do we really need politicians and bureaucrats to enter the fray?

Labeling other crypto as securities and threatening to drown them with onerous regulations and red tape is uncalled for.

Dispatching of your opponents through political means instead of through the free market seems scummy to me.

This goes against everything the crypto ethos stands for.

As time goes on there will be heated debates on this topic. I really hope we don’t become TradFi 2.0

I don’t think we will, but it is something we should think about and discuss.

Obviously none of this is formal financial or tax advice. You need to find qualified professionals in your jurisdiction.

Be sharp, stay hungry let’s get that money!

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Suerte Panda
Suerte Panda

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How to transition from TradFi to DeFi

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