Crypto investors panic during market bloodbath

[TC94]

I just want to interject here that crypto is far more than just bitcoin as a currency or store of value.

Head to YouTube and search for Kevin O’Leary and Mark Cuban videos discussing the utility tokens, logistics blockchains, authentication protocols and more.

Cryptocurrency is a misnomer. Bitcoin can actually be used as a programming base. Ethereum even more so. I’ve posted this before here, but now the big players are starting to understand these things.

That said, as I’ve also posted here, 98% of crypto is pure junk. Scams, disappearing projects, token sales that are never used as advertised to build out, etc.

But there will be a few really big hitters in the space over the next 5 years. BTC and ETH are my best guesses, along with about 3 others I own tiny amounts of. They could become the next Amazon or Google for web3, or it could all fall apart and become MySpace and Pets.com.

Time will tell. But the technology is profound, and using it requires a cryptocurrency in most use cases. So some will survive and thrive.