Looking today at coinmarketcap.com it really hit me. Wtf has happened? How did we get here?
3 of the 6 top coins i would not even call cryptocurrencies since they are not decentralized. But what the fuck do i know. Dogecoin, a small fun project the main dev sold all his coins years ago to buy a car and no one has worked on for years, - because, why should they? - has suddenly a Marketcap of a Double-digit billion range. A billionaire who don’t pays taxes shilling Doge can apparently move mountains in this space.
Bitcoin’s fabled decentralization: 65% of mining comes from China and other human rights-committed flagship states like Russia (6.9%) , Kazakhstan (6%) and Iran (3%)
Only regeneratively generated green electricity is used for sure, because these countries are at the forefront of the environmental movement as we all know.
This year i paid 84€ in fees for 3 transactions (1x BTC, 2x ETH). This is literally 1/4 of my past rent when i was at university. Welcome to the future, this must just be the inflation Bitcoin is saving me from, i guess.
NFTs…I will not even begin to talk about this %§$%&.
If youre interested in cryptocurrenies, coming here must be like vacation at a really nice resort. Unfortunately i have the impression it is getting more and more quiet. I don’t mind that, but please keep on doing your Grin-thing because i believe Grin has its place in the crypto-space.
It outshines every other crypto-project i am aware of and being rank ~500 in a shithole that the cryptospace apparently is, such low ranking is really nothing but honorable. In cryptospace it seems to be like in real life: Shit floats on top. So i enjoy staying low with you.