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The Water Cooler
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Anyone riding the Doge train?
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<blockquote data-quote="devildog88" data-source="post: 3581178" data-attributes="member: 45900"><p>In all fairness, some people do make it rich and get in at the right time. Others pave the way for people to come later and do well. Of course, if you invested heavily into betamax i guess you took it in the rear. I think the first step is looking into who is behind your coin of choice and asking a few questions. Do you believe in the direction they are heading, do you trust the dev team, are you investing in a tech you think will grow? I think Cardano covers those bases. I could be wrong, so i hedge my bets with other things, but i believe in the decentralization of the banking/payment system first and foremost. I also think people are losing faith in the world banking system, which i think is a plus. We need to get rid of the middlemen and I think cardano, Eth2 or some network or number of payment networks will supplant that. It would be good for humanity if it did.</p><p></p><p> Sure, world banking won't go down without a fight, but i think soon we will be going past the point of no return for them. We have paypal and some bankers getting on the crypto boat. We have governments laughably trying to create their own to no avail. The tech is coming and it will change things. This time I don't plan on missing the boat. Would you go back and invest in Amazon at 7 dollars? This is that opportunity. Nothing is a sure thing, but the blockchain is not going away and we need to look for a way to both push it forward and make money from the investment.</p></blockquote><p></p>
[QUOTE="devildog88, post: 3581178, member: 45900"] In all fairness, some people do make it rich and get in at the right time. Others pave the way for people to come later and do well. Of course, if you invested heavily into betamax i guess you took it in the rear. I think the first step is looking into who is behind your coin of choice and asking a few questions. Do you believe in the direction they are heading, do you trust the dev team, are you investing in a tech you think will grow? I think Cardano covers those bases. I could be wrong, so i hedge my bets with other things, but i believe in the decentralization of the banking/payment system first and foremost. I also think people are losing faith in the world banking system, which i think is a plus. We need to get rid of the middlemen and I think cardano, Eth2 or some network or number of payment networks will supplant that. It would be good for humanity if it did. Sure, world banking won't go down without a fight, but i think soon we will be going past the point of no return for them. We have paypal and some bankers getting on the crypto boat. We have governments laughably trying to create their own to no avail. The tech is coming and it will change things. This time I don't plan on missing the boat. Would you go back and invest in Amazon at 7 dollars? This is that opportunity. Nothing is a sure thing, but the blockchain is not going away and we need to look for a way to both push it forward and make money from the investment. [/QUOTE]
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