The Sudden Boom of Cryptos
Within years cryptos as a currency grew so big. Big as in bigger than Uber, the biggest and most scalable startup did kinda big. The industry quickly built whole gigantic reefs and these have developed much more complex ecosystems and organisms within them during this short span.
The journey of the world with no cryptos coming to bitcoin, and then the world of bitcoin coming to a challenge of another hit crypto blockchain – Ethereum, to the place where 2000+ cryptos exist today and blockchains have revised and transformed into third and fourth generation blockchains, all looking to solve 1999 problems of blockchain, one solution at a time.
The journey from the first great blockchain to the second took six-ish years. The journey from second to the third gen and fourth gen took even lesser years, perhaps only 3 more. This means that the lighting speed is accelerating at even higher rates than fathomable. This is the power of tech and the need for new things to save the world from the damage of the traditional solutions and temporary makeshift fixes.
Who Stole What?
1.1 Billion $ were stolen only in 2018, these too were those thefts that got reported. More than this amount has been stolen over the nine-great years of cryptos.
Who Did What?
Not much has been retrieved because:
a. Cryptos were not taken seriously initially by law enforcers, in most nations still are not.
b. Cryptos are nearly impossible to recover once lost.
How To Avoid The Great American Burnout:
We live in hyperexcited, hyperreal times. The line between ideals and practical goals is also quite inexistent, this makes us all fall under immense pressure. All human beings process pressure differently. Some do it by watching Weekend at Bernies over again or the Breakfast Club. Others do it by gambling, tripping, touring, singing, screaming, thinking, clubbing, dreaming, winning or by lazying around with Netflix or Amazon or Hulu. I love NAH. Don’t you? Everybody does.
But, if your love and trust with cryptos are gone and you are still struggling from this point to move to the place in time where all is well with cryptos and it is safe to bring you American dream fantasy back to life then worry less and don’t exhaust, let it lose. You will slowly learn how to live with the highs and lows of cryptos and learn to use them to your advantage and not let it bring you loss. Stay away from the Burn Out! The time is too young for it!