Why this weekend matters moreA weekend sell off , something that happens with regularity , would at this time be DEVASTATING to the community and future of crypto , decentralization , and everything that decentralization stands for.
Decentralization stands for ideals once heald as canon , writ , and close to heart. Freedom is something that many have died in the act of it's preservation. Privacy , once taken for granted here in America , no longer exists in the form it used to.
Decentralization is part of a movement that would take some of that back. Freedom , privacy , and ultimately less of BIG government. Both conservative and liberal goals at stake here.
Likely your money as well.
This community is based on a consensus of the people , and the behavior of said people.
Don't be scared by Dr. Doom - if his theories ring true there is far more to fear than the end of crypto. CENTRALIZED digital globalization will usher in an age where your secrets are no longer yours to keep.
Don't let it happen. Be active in the community. Advocate , and call out bullshit when you see it.
Don't allow another increment in the battle to save autonomy as we know it be lost to naysayers and propaganda.
This market IS WHAT IT IS , and that is WHAT YOU MAKE OF IT. Right now it's a bloody mess. This is where people should be turning TO in the face of traditional market loss, not away from.
Fear of not getting out is just as potent as fear of missing out , but it is important to remember that Bitcoin led that parabolic rise , and it could have continued but for profit taking , but the position of Bitcoin is all too often looked at as a representation of the market as a whole.
Exchanges need to be encouraged by their clients , if currencies are to be coupled , to ACCURATELY keep up with exchange and keep a rate that is not arbitrage. If you are staying in digital . Bitcoins declines should be another coins gains , not the signal of a trend.
On a Stock exchange , if one stock falls the entire market doesn't necessarily follow , and stocks aren't "coupled."
Perhaps decoupling would solve issues of volatility , but would also incur more transaction fees if a person wanted to move from one currency to another. The "Maker - Taker" model could be adopted if decoupling occurred , and strategy could minimize fee's.
Caveat Emptor - **I am self taught and do not possess a license to advise people what to do with their wealth. In this instance I am speaking about freedom and privacy more than anything else.
