As far as crypto goes, Cardano is one of my favourite projects, not because it has had the most insane price action or is the most
trendy or even has the best user experience... because it has none of those things... yet.
I really appreciate the philosophy behind the project,specially in light of the FTX collapse and Terra Luna de-peg.
They seem to understand that if you are building a completely novel and potentially revolutionary financial system that aims
at displacing our current financial system, that an endeavour this profound and revolutionary, should not only be done
with patience and caution but that if it is not done with patience and caution, the result could absolutely catastrophic
for all this involved and society in general.
The fact their getting their work peer reviewed and they are not rushing to market with their products and updates
is revolutionary in itself for a crypto project. Their recent inroad to the health care industry and the novel approach
of preventative medicine is another revolutionary act in our society today. It shouldn't be but it is when big pharma
has completely taken over health care and treatment with pharmaceuticals that treat symptoms rather than cause.
Why? Because there is far less profit in curing someone than there is in treating them. Society is in desperate need
of overhaul in several different industries and Cardano seems to be paving the way for practical ways of tackling
these issues and due to the gravity of most of these issues, they need to be approached methodically.
Finding solutions that are both economically sound and shed all the bureaucratic BS, wasteful spending,
violated social contracts, etc. is going to take a lot of time and cooperation between people and companies.
They are the only ones going about in the way that I would if I was the one who had the means of tackling
the issues they are tackling. I think that people will slowly start to appreciate the ground that they have already
gained and the milestones they are soon set to make.
Their commitment to decentralisation is another reason why I am really bullish on its future. I think with the hostility we
are seeing towards cryptos, this is going to increasingly become an important aspect to demand of digital assets.
trendy or even has the best user experience... because it has none of those things... yet.
I really appreciate the philosophy behind the project,specially in light of the FTX collapse and Terra Luna de-peg.
They seem to understand that if you are building a completely novel and potentially revolutionary financial system that aims
at displacing our current financial system, that an endeavour this profound and revolutionary, should not only be done
with patience and caution but that if it is not done with patience and caution, the result could absolutely catastrophic
for all this involved and society in general.
The fact their getting their work peer reviewed and they are not rushing to market with their products and updates
is revolutionary in itself for a crypto project. Their recent inroad to the health care industry and the novel approach
of preventative medicine is another revolutionary act in our society today. It shouldn't be but it is when big pharma
has completely taken over health care and treatment with pharmaceuticals that treat symptoms rather than cause.
Why? Because there is far less profit in curing someone than there is in treating them. Society is in desperate need
of overhaul in several different industries and Cardano seems to be paving the way for practical ways of tackling
these issues and due to the gravity of most of these issues, they need to be approached methodically.
Finding solutions that are both economically sound and shed all the bureaucratic BS, wasteful spending,
violated social contracts, etc. is going to take a lot of time and cooperation between people and companies.
They are the only ones going about in the way that I would if I was the one who had the means of tackling
the issues they are tackling. I think that people will slowly start to appreciate the ground that they have already
gained and the milestones they are soon set to make.
Their commitment to decentralisation is another reason why I am really bullish on its future. I think with the hostility we
are seeing towards cryptos, this is going to increasingly become an important aspect to demand of digital assets.
Comment:
The one reason that we could see NVDA with this type of price action is the crypto market and that could def be the case in light of China's recent news. Def funny business going on with the 5 pm Friday SEC filing. I do think that the crypto market is getting ready to pop off soon. It is the one reason that could be justifying the odd behaviour we've seen in the markets.
