Post
Topic
Board Altcoin Discussion
Re: Has Crypto Lost Its Way?
by
Raflesia
on 07/09/2024, 21:08:52 UTC
Hey everyone! Just wanted to hear your thoughts on this glaring question.

Remember when crypto wasn't just about chasing new all-time highs, the latest NFT craze, or meme coins? Back then, it was about decentralization, financial freedom, and putting power back in the hands of the people. The vision was bold—a system immune to censorship, government control, and the failures of fiat currency. But now, it feels like that original vision is getting lost in the noise of speculation and hype. Have we strayed too far from what crypto was meant to be?

In the rush for quick profits, many are forgetting the true potential of blockchain technology.

I don't feel that the conditions are different because the vision of crypto is still the same as before, it's just that when we are on a development track where adoption is still continuing then indirectly we also cannot rule out the fact that there will be a lot of shallow thinking from those new people who only want to be here for a short profit which in the end this makes conditions more difficult and that is normal because their mindset from the start only knows that crypto is one of the assets to get wealth instantly, even though this concept is wrong but in the end this concept is what some beginners embrace.

In addition, when talking about the issue of speculation I don't think this is wrong either because in the end not everyone in the crypto space is just an investor but there are also those who become traders which makes us know that in the end speculation will still continue to occur considering this is something that will definitely continue to exist and be discussed so this speculation is not a mistake even though in the end many speculators sometimes only make the situation worse especially for those influencers who always overreact in speculation just because of their desire to benefit personally.