I was at the beach looking at the people around me. I felt like I was in on a secret that they aren't. It isn't as if I would keep it from anyone. The difference is they do not want to hear it.
We are seeing another system being erected yet few people will believe it.
▶️ 3Speak
This is exactly how I felt when I was FOMOing in to Steem at $1.60 and again at $0.80. I was somewhat projecting my own knowledge onto the general population and convinced myself that price action couldn't dip much lower than that. Investors wouldn't allow that because of all the massive potential.
The thing about education is, it doesn't matter how much you learn. The general population always stays just as ignorant on average. At least in America, ignorance is practically celebrated and reveled in.
Always remember. The average world IQ is somewhere around 85. That should help you out next time.
It's easy to shill something when it is near the top. When Bitcoin was $5 they laughed at it. When it was $20,000 people were telling me they wanted to buy in.
Summary:
In this video, Task discusses his strong belief in the potential of cryptocurrency to revolutionize the future financial and business landscape. He delves into the growth of decentralized finance, the rise of DAOs, and the expansion of virtual businesses within the cryptocurrency space. Task emphasizes the importance of being an early adopter in the cryptocurrency realm, drawing parallels to missed opportunities in the past like Amazon or Tesla stock investments. He highlights the need for a forward-thinking mindset and encourages viewers to recognize the vast potential within the cryptocurrency industry.
Detailed Article:
Task opens the video by sharing his conviction about the transformative power of cryptocurrency, predicting its significant impact on future financial and business structures. He discusses the increasing adoption of decentralized finance (DeFi) and the rising popularity of DAOs (Decentralized Autonomous Organizations), which are expected to reshape traditional business models. Task emphasizes the potential for individuals to not only increase their stake in cryptocurrencies but also to support innovative projects and build their own businesses within the expanding crypto ecosystem.
Furthermore, Task references a recent article he wrote on virtual businesses in virtual worlds, underscoring the emerging trend of virtual real estate being bought and sold on the blockchain. He envisions a future where virtual assets and businesses on the blockchain become commonplace, drawing parallels to the rapid evolution of technology over the past few decades.
Task reflects on the technological advancements of the past, citing examples like the internet, smartphones, and instant messaging that have now become integral parts of daily life. He encourages viewers to consider the ongoing shifts in technology, mentioning concepts like the metaverse and multiverse that could become mainstream in the coming years.
In discussing cryptocurrency investments, Task stresses the importance of recognizing discounted opportunities in the market, likening price drops in cryptocurrencies to sales on retail items. He highlights the value of being an early investor in cryptocurrencies, drawing parallels to missed opportunities like investing in Amazon or Tesla at their early stages.
Moreover, Task discusses the psychological aspect of investing, mentioning the mindset of successful billionaires who remain unwavering in their beliefs even when faced with challenges. He contrasts this with individuals who may be hesitant or skeptical about cryptocurrency investments due to a lack of understanding or belief in the industry's potential.
Task acknowledges that widespread adoption of cryptocurrency may not be immediate but predicts that eventually, everyone will be involved in the industry in some manner. He emphasizes the importance of staying informed, believing in the potential of cryptocurrency, and being proactive in seizing opportunities within the ever-evolving crypto landscape.
In conclusion, Task urges viewers to stay committed to their beliefs and remain vigilant in observing the advancements and opportunities within the cryptocurrency space. He underscores the rapid growth and exciting prospects within the alternative financial system, encouraging viewers to stay engaged and informed in this dynamic industry.