According to my personal opinion the Bitcoin and Blockchain technologies are not about the price that the market sets on the coins – at whatever moment in time. It could go to million dollars or it could go to zero – it will not matter to the fundamental features build into them.
Anyone that shares and focuses more than 50% of the time on the price of the coins – is most likely trying to manipulate you. Many people do get back to the core features of the the Bitcoin & the Blockchain. But, The choices for doing so are several:
- Either promotes some of their own content on social media channels
- They promotes some digital content sold on Udemy, Shopify or WordPress WooComerce.
- or it is simply a redirection of an argument that they cannot win and execute the so called gaslighting.
- Gaslighting is also pointing out the state of the fiat currencies.
You should be on alert for every project that
- doesn’t have public source code
- doesn’t have tight market cap (limit of the coins/tokens)
- you don’t own the private keys. This includes even – DeFi and many other types of projects that have high risk.
The Ultimate ideas are:
- Independence from Central Authority
- Limited Supply
- Transparency & Ability to Verify operations, ownership and more
- Security & Immutability
There is one more feature that opens the door for whatever else a developer could think of and this is programmability. No other type of money was that free for extension and transformation.