#nevermind the average is like 80 thousand
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Oh my God
#artblocked#pissed myself in shock since when did it surpass 6k notes#HAHA WHAT#uh#what the hell#i#my god dude#im gonna die#from sheer just#shock#what#WHAT#homestuck reaction images#i dont know how to handle this THERE ARE OVER A THOUSAND PEOPLE WHO HAVE INTERACTED WITH THIS#THAT'S LIKE#A FOOTBALL STADIUM WORTH??#hold on let me check#siri how many people can be in a football stadium#nevermind the average is like 80 thousand#BUT STILL#THAT'S SO MUCH???#i think im gonna have a hernia#christ#christ dude.#i cant even process this#when tagging this there were two more notes added.#oh my god dude
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People’s statements concerning Corona...
You know what time it is? Rant time! Because I spent waaaay too much time on Facebook and Twitter and read SO much ( excuse my words ) bullshit, that I need to talk about it. A disturbing amount of people still think this whole Corona mess is fake, a conspiracy, „just a flu“ or a bioweapon attack. Of course a random Youtuber, influencer or guy on Twitter is smarter than all scientists, doctors and politicians combined because they „woke up and see through everything that happens“ right now.
I guess they inhaled too much toxin while making their tinfoil hats, but let's take a closer look at those statements.
- „Corona is fake, people are not dying from it, they die from the panic that is caused!“
So hundreds, no, thousands of people are suffocating and their lungs are giving up because of media information? They hear that they are not allowed to go shopping at the mall anymore and gasp for air? They realize that restaurants are closed and that they have to cook meals themselves now and drop dead from the shock? Seriously?
- „It's a conspiracy, THEY want to control us, THEY want to change the system and distract from other things!“ None of those morons ever mentions who exactly THEY are. Lizard people? Illuminati? Toilet paper manufacturers? We'll never know.
Anyway, someone who seriously thinks that should think further. Why should THEY do this? The global economy is crashing, borders are closed, tens or hundreds of thousands have or will lose their jobs, people have to stay at home, governments have to invest billions to save their countries. Newsflash, governments usually want to earn money, not spend it.
More unemployment = less tax revenues.
Basically it's like someone usually earning $2000 per month, then suddenly they have to pay high bills for their broken car, get a new computer to continue working and help their sick parents while suddenly only earning half of their income.
And seriously, can you imagine all leaders of the world sitting down on one table in a secret Fortress of Evil and scheming a plan to terrorize and enslave humanity? Most of them only care for their own country and why would anyone risk driving their own country against the wall?
- „It's just a flu, lots of people die from the flu, it's normal.“ The flu doesn't affect the lungs that badly and people's bodies often simply give up and they die at home. Corona directly attacks the lungs and many of those who catch it badly need to be taken to intensive care unit and be intubated. It's way more contagious than the flu and the dangerous part is that most people will never know they actually had it, but ran around and infected others who could die from it. The death rate is higher than the flu. Flu : roughly 0,1% Corona : 2-10% ( Numbers vary from source to source, but it's definitely higher than the flu. )
- „In Germany 25000 people died from it in 2017/2018, the country didn't shut down because of that either.“
I checked those numbers. 25000 is a rough estimation, including deaths where flu was assumed to be involved in the deaths. The cases that were actually tested and proven were less than 1700.
By the way, a flu season lasts 5 months and the Corona craze merely started a few weeks ago. Just saying.
The main problem here seems to be that people can't think ahead. Exponential increase is too complicated for their simple little minds. Corona spreads like crazy, so with the aforementioned higher death rate, if more people get infected then more will die. The only reason we don't have more deaths yet is because governments took action and everyone tries to keep the number of infections low.
So what do you want? Every country waiting for the number of Corona deaths to surpass those of the average flu first and only then starting to do something against it? I'm convinced those people would be the first ones to scream „Why did no one do anything sooner!?“
-“It's a bio weapon from China which they used against us!“ Nevermind the fact that a team of international and independent scientists examined the virus last month already and assured it's natural. Even if it spread from the Wuhan Institute of Virology accidentally, that's what it was, an accident. Why on Earth would they want to endanger their own people? Their economy? Everything?
-“The average age of the Italian people who died from Corona is 79. The average lifespan there is 83. It's all normal, nature and such.“ Wow, just...wow. I wonder if they would still be as cold and heartless when their own parents or grandparents died a painful death from lack of air. „Well, sorry, Mom, you're 67, no one lives forever.“ Average means that there are older and younger people. Some are in their 90s, 80s, 70s, but some also are far younger than that. My grandma, for example, is 93 and still pretty healthy for her age. Someone who died because of Corona in their 70s could have lived for another decade or two.
-“There's only a risk for old and sick people, I'm young and healthy so I don't care. Survival of the fittest. I still wanna go out and have fun!“ Oh, so you risk the health/life of your parents, grandparents and lots of others just because you can't keep your damn ass on the couch? Survival of the fittest, natural selection....you're lucky that intelligence and empathy don't have anything to do with it or you'd be screaming bloody murder and begging for someone to finally end your suffering already.
Btw, there are numerous cases of young people ( we're talking around age 30 here ), who never smoked, are athletic and never had any health problems.
-“Corona is the revenge for those old white people causing climate change!“ Does anyone else get the urge to slap those who seriously said that? I do. Those old white people are your and your friends' parents and grandparents! The people who worked all day to afford your lifestyle, to buy you smartphones, computers and nice clothes, put food on your table, drove you around the town, took you on vacation, spoiled your ungrateful asses! For months young people went on the streets demonstrating for change, for realization what's happening around us, for actions. And now many of them ( not all of course ) prove that all they care about is themselves and that they're not an inkling better or even much worse than the „old white people“ they see as the ultimate enemy.
-“I keep hearing about hospitals being overcrowded, that's new, never was a problem before so why is everyone locked at home now?“ You probably lived under a rock for the past years, but hospitals are understaffed everywhere. Keep in mind that there are not only Corona patients needing medical help or a bed at the intensive care unit. Think of all the other reasons why someone needs to be at the hospital. Illnesses, cancer, tumors, heart attacks, strokes, pregnancy, broken bones and the normal flu. Those don't suddenly stop because Corona showed up. If hospitals are overcrowded because of Corona patients then people who have something not Corona-related will also be in danger because if they don't get the medical help they need then they could die as well.
Imagine you or someone close to you has a car accident and there's no hospital that can give the help which is needed, resulting in death. Taking the situation more serious now? China didn't quickly build 16 emergency hospitals just for fun.
There's probably more I wanted to mention, but I guess this journal is long enough already. To anyone who read it, thank you. Please feel free to use this against everyone who still doesn't take this situation seriously.
Be safe, everyone. We're in this together. *virtual hugs*
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Air Guitar and 85 MPH!
I was going to spend my second “blog” discussing pretentiousness in Santa Fe or New Mexican food and green chile in general. But since I came up with something a little more fun, I guess I’ll save the talk about ordering water in a bowl and drinking it with a spoon for a different time. On my drive back to Oklahoma I thought of a topic that always shows its face when I’m on a road trip. I often forget about it until the next time I’m in the car or just don’t put much thought into it once I’ve opened the car doors and let the dog out to deal with his pent up energy as I unload the car. Not to mention the obligatory hour I have to spend re-aquainting myself to the cat, who is certain that I have disappeared forever this time.
The topic that came to me is road trip songs.
I love road trips. You may think I’m crazy but settling into the driver seat, snacks on the passenger seat, the basset hound panting in my face, his front feet on the console, anticipating our newest adventure, is the best. Within a pretty short time, he tends to realize that this is just another day-long roady and roughs up his blanket in the backseat and settles in for the ride. Giving me weird basset hound glances in the mirror. Not sure if it’s the music or he just wants some pork rinds.
Now these road trips of mine usually arent extravagant or exotic. Unless you consider driving state highways through Kansas, Oklahoma, Wyoming or any other of the fly-over states I tend to travel as being exotic. (Personally I’d choose these drives over just about any other you could propose to me). The great thing about these road trips, aside from seeing so many wonderful historically relevant places (as well as plenty of non-relevant places), and feeling a oneness with wide open spaces, is the time you get to yourself to hone your listening skills.
Those of you that know me, know that I have many preferences when it comes to music. As Cheech says in Up In Smoke, “we play everything from El Chicano to Santana”. I love it all. Some more than others, but I probably have a song or two from every type of playlist or genre that you can think of. Add to that the fact that if there is a specific location I’m aiming my car to (often there is not), I will jam songs from or about that location. For instance, while driving the empty roads of New Mexico it will be Ennio Morricone and The Good, The Bad and the Ugly soundtrack. Wyoming is of course Chris LeDoux country. On my way to Kansas City to eat BBQ, it’s Joe Williams singing “Kansas City” or Charlie Parker and K.C. Blues. Memphis is Sister Rosetta Tharpe (you can keep Elvis, I am not a fan. Yeah, I said it). West Texas? Marty Robbins Gunfighter Ballads, of course! Down south, it’s Big Maybelle, Lightnin’ Hopkins and Muddy Waters. You get the idea. It may seem strange but there is something that touches my soul in listening to those songs that are native to an area. Whether or not I actually do learn anything, it feels as though I have.
With that weird little eccentricity out of the way, let me add that of course there are some staples of any road trip, for me at least. These are songs, albums and artists that I listen to, to fill in all the empty spaces of those relatively uneventful miles, musically or otherwise. Maybe it’s Def Leppard or ACDC or Beyonce or Ariana Grande for you. For me these are easy. I can not even begin to guess how many miles have been eaten up by Merle Haggard, or The Count Basie Orchestra. I am not scared of extreme opposites. Hundreds upon thousands upon tens of thousands of miles have been chewed up by these two musical groups, and yes, I’m aware that I am probably the only person living who can claim that.
The millennials reading this will have no idea about this next category. There use to be these things called albums. Albums were a group of songs, recorded (usually around the same time), and released as a unit to the masses. These units were sold as vinyl records, cassette tapes, 8-tracks, or CDs. Those of us a little older can attest that 90 percent of these albums had 2-4 songs that we liked and a bunch of other average or barely tolerable songs that you listened to whether you liked them or not (if you didn’t have control of the radio in the car). Sometimes, you even grew to enjoy a few of those songs. On rare occasions though, you found an entire album, yes the whole thing! that you enjoyed. For all of us oldies, these albums are near and dear to our hearts. They vary from person to person, but these are a few I can put on and just let them play, enjoying almost every song: Van Halen-1984, Blood Sweat and Tears-Greatest hits, Nirvana-Nevermind, George Strait-Strait From The Heart, Muddy “Mississippi” Waters-Live, Art Blakey-Moanin’, U2-Joshua Tree, Miles Davis-Kind of Blue, Steve Miller Band-Greatest Hits 74-78, IceT-Greatest Hits to name a few of my favorites.
All of these categories are important to a good road trip. You must have a combination of all of them. Yeah, I know, all of you XM/Sirius users are claiming that you don’t need any of them. You got genres on every channel, and all you ever need with all those fancy channels. To those of you in that camp, I say “HOGWASH!” Why Hogwash? Well no matter how specific these channels are, or how much you enjoy the carefree toggling between your favorite genres, no road trip is complete without those irreplaceable, epic, nostalgic songs that nearly blow out your speakers and get your ears ringing whenever you choose to rock them. And how the hell are you supposed to play these favorites 2, 3, 10 times in a row with your XM radio?! You can’t. So without further palaver, I’m gonna lay my favorites out and would love to hear some of yours.
Rich’s top 20 Road Trip Jams (if you have any sense, you will build this playlist!-yeah I know it’s not gonna float everyone’s boat but if nothing else, listen to it, you might find some music that you don’t normally dig.) And for the record, none of these songs ever get bumped off the list, new ones just get added to it occasionally. As weird as it may be, here is my list:
Honorable Mentions. These songs get me thinking about all the great road trip songs and my musical wheels start turning. It’s on when I hear any of these songs.
Runnin on Empty-Jackson Browne, Hello Walls-Faron Young, Blues in Hoss Flat-Count Basie, Night In Tunisia-Ella Fitzgerald, Gimme All Your Love-Alabama Shakes, Miles and Miles of Texas-Asleep at the Wheel, China Grove-Doobie Brothers, Come Down-Anderson Paak, Crosstown Traffic-Jimi Hendrix, El Paso-Marty Robbins, Ida Red-Bob Wills and Sunshine of Your Love-Cream. Those get me started but here is when it gets real.
20-16 These are like the kindling for me. Getting the fire lit, and starting my descent into the next hour of driving, without really remembering the road I’ve just driven or the scenes outside the window.
20) Suavecito-Malo Ok, Ok, it wouldn’t seem like a fire starter, but...
19) Magic Man-Heart This one should get your blood flowing
18) Keep on Rockin’ Me-Steve Miller The best roady to choose from SMB
17) Watermelon Man-Herbie Hancock You might not have soul if you don’t love this
16) When My Train Pulls In- Gary Clark JR Great Long Jam. incredible guitar riffs
11-15 These are a small step up, adding logs to my fire
15) Me and Mrs. Jones-Billy Paul So there’s always a song that you love to sing while you are alone in your car, and you think you sing it just as well as the artist
14) Stairway to Heaven-Led Zeppelin Ok so of course I have it, but this is a really, really great song no matter how many times it is played.
13) Ev’ryday I have the Blues-Count Basie and Joe Williams The definition of a foot stomper.
12) Luckenbach, TX-Waylon and Willie One of the best country songs translates to a great road song.
11) The Story- Brandi Carlisle Not a song liable to be on many lists, road trip or not. My sister introduced me to this years and years ago and it barely misses the top 10
6-10 Ok, we are really cookin with gas now. These are legendary roadies in my book. The dog gives me a look, here we go again.
10) Rooster-Alice In Chains Gets my grunge on. I love everything about this song. Probably one of the biggest contributors to hearing loss in my right ear.
9) Six Days on the Road-Dave Duncan All those over-the-road truckers can’t be wrong, this is the best of all truckin’ songs.
8) Tonight The Bottle Let Me Down-Merle Haggard My favorite country singer and a whole lot of my favorite country music instrument, the steel guitar. Damn I love this song
7) Ticket To Ride-Beatles There are tons of Beatles songs to choose from and this isn’t my favorite, but it is my favorite on the road
6) 867-5309-Tommy Tutone This is my favorite 80s song. And when I hear that guitar riff at the beginning...Jenny, Jenny who can I turn to?
2-5 These are huge, the fire is roaring and I have no concerns as to what is going on at this point. I’ll be singing, playing drums, air guitar. The dog has now tried to cover his ears due to the volume.
5) Jamie’s Cryin-Van Halen Im not sure why, because there are tons of Van Halen songs to choose from, but for whatever reason, this one is my favorite while on the road
4) North To Alaska-Johnny Horton Ok, another one you may not expect at all but damn this is a fun song. I physically can’t help whaling “big nuggets they’re finding” every time!
3) Pink Houses-John Cougar Mellencamp Im not a globalist. ‘Murica!!
2) Sweet Child of Mine-Guns and Roses This should be on everyones list. Road songs or any other. Simply one of the best songs ever.
Number 1!!!
So all the previous songs are great. I love them all, and many, many more. This is an elaborate list for me. If you know me, you know I love lists, and don’t make them without deep thought. But Ironically, the battle for the top spot isn’t even close. I LOVE Sweet Child of Mine, and Pink Houses. I might play them 2 or 3 times in a row, but the battle for number one isn’t much of a battle. Not because these others arent great but because number one is so unbelievably spectacular in the car. I can’t help singing to it, playing air guitar, drum solo in my car, volume literally turned up 3 or 4 times during the song, ears ringing and can’t even hear myself singing, and just when you don’t think it could be any better, it gets better!!! There are times I may play this song 5, 6 times in a row if things are cookin. I can barely keep the needle under 85 mph! The number one song for the road is:
1) More Than A Feeling- Boston I really built it up, and with good reason. Rock ballad, guitar anthem, unbelievable vocals, harmony soft, loud, louder, high, higher, drums...what else can I say? This is simply the best road trip song ever!!
Ok, that’s it. Maybe it was anti-climatic for you, but I got jazzed just listing the songs. I may go take a drive just to hear the playlist! I’d love to hear everyone else’s playlist that they take on every trip. Maybe I’m missing some good road trip songs!
I hope the dog never figures out how to jump out of the car while it’s moving.
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Hey I’ve got a lot of Feelings about Angela and Jesse
Alright I can’t stop thinking about these 2. Listen. We know Jesse was recruited at ~17 and Angela was probably around 17-18 when she joined as well, and I can’t stop fucking thinking about how they would have interacted. I’m gonna put it under a readmore bc it got super long but it’s good ok.
Like, we know Angela was already a renowned medical prodigy by this point, joined OW to continue her research with access to international info and cutting-edge tech that wouldn’t be available anywhere else and that she’s Highly respected. Just take this quote from her wiki
“Ziegler rose to become the head of surgery at a prominent Swiss hospital before pioneering a breakthrough in the field of applied nanobiology that radically improved the treatment of life-threatening illnesses and injuries. It was this expertise that attracted the attention of Overwatch.”
She’s pretty fantastic! But we also know her parents were killed in the war and she is against violence as a solution to anything (unless as a very last resort).
Then we have Jesse, who comes from a long, violent criminal background with an extremely brutal gang best known for military weapons trafficking. I’m sure that concept wouldn’t sit well with Angela. Then there’s just the whole fucking.. personality and cultural difference?? As far as I know, Swiss social culture general tend to be pretty like...Reserved, i guess is the right word? Like, not interacting with people unless it’s as a formality or something, pretty strict about social and physical boundaries, pretty “stick to the rules” and orderly (and please correct me if I’m wrong!! I’m just going off info that my other European friends have given me abt general social stuff).
And that’s completely different from Southern US culture. I literally had a 10 minute discussion in Walmart with a complete stranger over dog food, and this wasn’t unusual in the least. Like, Southern (ESPECIALLY southeastern) US culture is extremely outgoing, gregarious, and a lot of people really revel in quick-witted humor in conversation. Backhanded compliments are super common.
So like, not only do you have this culture clash, you also have this general personality clash of young cocky surefire McCree, 6 bullets, 6 bodies, working for a very violent sect of this gov organization (which i don’t even know if Angela would have had the clearance to know about for a good while after she joined) and this amazing child-prodigy pacifist healer. I imagine their interactions would be pretty stiff for a while.
I feel like Angela would be sort of in the mindset of, “I’m one of the best of the best in my field, I have years of training and education, I’m one of the youngest people to ever accomplish what I’ve accomplished, and I was recruited by overwatch because I came up with a revolutionary nanobiological treatment that can save thousands of lives, and the only other person as young as me is an ex-gang member who happens to be a good shot.” Like, I feel like she wouldn’t be bitter or jealous as much as she’d think it was weirdly unfair? Like, she had to dedicate her whole life to medicine to get where she’s at, and this other kid happens to stumble into it? A kid who should be in maximum security prison, no less!
(This could also go the direction of ‘Oh he was manipulated and lied to by this gang and forced to commit these atrocities how awful!’ Then she actually observes him for like, more than 3 minutes and realizes that he’s Hell on Wheels and she’s like ‘Actually nevermind he’s not Correctly Mentally Scarred from these experiences’, which is sort of a common line of thinking I’ve seen in ppl who aren’t abuse victims)
Then good ol Jesse probably feels. Pretty shitty because he’s like “This girl is a fucking genius and I’m a desert rat with good aim” and would prob make him feel like his already-tenuous place in Blackwatch was even more unstable bc he can’t help but feel like he’s not ever going to be “Above average” enough to keep his place. He’s a good shot, that’s it. (at least in his own mind). Plus theres the whole fucked up abused-kid behaviors and coping mechanisms he has that i’m gonna write about REAL SOON that would mess with his sense of self-worth even more.
Despite all that, though?? I think they would have become friends pretty fast. But like, they would have been the type of friend that hates each other 80% of the time but keep hanging out and neither of them understand why. It probably wouldn’t take Angela long to realize that Jesse is actually a genuinely sweet person under his 7 Deadly Coping Mechanisms, and I think Jesse would get over being threatened by Angela after realizing like... She’s a teen too. UHh anyway I can’t think of a good way to conclude this but I love them and I want them to have a good wholesome friendship
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Nevermind the Bears: 2018 Was the Rude Awakening Crypto Needed
Han Yoon is the CEO of Lundar Digital Assets, a project consulting and marketing firm focused on blockchain.
The following is an exclusive contribution to BTC News Today’s 2018 Year in Review.
The brutal bear market we faced this year was not only necessary, it’s beneficial for the long-term outlook of this rapidly growing industry. Yes, I know – you’ve heard this a million times already. But honestly, this bear market was the best thing that happened for our company.
I say this with humbleness, because we had great leadership and advisors to guide us along the way – this market has made our company more resilient than ever, forced us to be more innovative, and will give a huge sense of pride and accomplishment when we come out of it alive and striving.
Not a lot of blockchain-related companies, whether it be projects, funds, agencies or even miners can say the same. This is Darwinism at work. Regularly, I hear about investment groups having no more money to invest, crypto funds being down more than 80 percent since the beginning of the year and ICOs that were swimming in cash that are now broke and bootstrapping to stay alive.
2019’s theme, it seems, will be survival of the fittest.
Welcome Back to Reality
2018 was a wake-up call, a rude awakening from the dream-like bull run of 2017 where shady entities could raise $30 million with an idea, a white paper and a website.
Welcome to reality. Fiat still rules, investors want returns and the government can easily impose regulations to scare off investors. Unlike the financial world, however, there are no government bailouts. Ironically, also unlike the financial world, many people will go to prison — for frauds, scams, and even “crimes” defined by archaic laws that should not apply to this new asset class.
Decentralization, a word that we throw around ever so often now, is a very powerful – and dangerous – ideology. We have become so desensitized to the word and its potential implications for the future of the world that most people forget how this entire blockchain industry was incepted. A single, powerful white paper gave birth to this movement.
No one thought that it was going to be easy or quickly met with mainstream adoption. Decentralization is in essence, a proxy war against the government, the oppressive financial systems and irresponsible or greedy corporations.
And Satoshi Nakamoto, bitcoin’s creators, knew the dangers and risk that it could bestow upon his livelihood and family. Can you really blame him for remaining anonymous?
2017: More Harm than Good?
The truth is, 2017 was absolutely unwarranted. I’m not talking about Bitcoin, because if there is one thing that was warranted, its the Bitcoin bull run. It’s simply how the market cycle works.
Those in cryptocurrencies long enough know this very well. So-called “experts” on mainstream media can say what they want, but Bitcoin is not going anywhere. It is the most thoroughly tested network for security and resiliency, and believe it or not, adoption is growing faster than ever.
What was not warranted, however, was the ICO craze that we allowed to happen.
It has irreparably harmed the connotation that comes with the three letters “ICO.” People are getting creative now – PTOs, IEOs, MNOs and everything in between… just to distance themselves from the words “initial coin offering.” And we sat there watching it happen, knowing well that 90 percent of projects would utterly fail. But how can we say anything when projects were doing 5x, 10x, 25x, 50x, 100x and people are happy?
I won’t lie and say that I never had temptations to write a quick white paper and make a fancy website with trendy buzzwords to make a quick million. I also won’t lie and say that I didn’t lose a lot of money by holding. Everyone laughed and mocked litecoin creator Charlie Lee when he sold the top, but I wonder who’s the one sitting comfortably now.
The ICO craze just happened so fast and intense that regulators were not given the opportunity to even consider creating a new asset class for the modern world. Hopefully some good news will come out of Congressman Davidson’s plan to introduce legislation to re-classify digital assets.
Looking Forward into 2019
Price is almost irrelevant for altcoins right now. We can think of 2018 as the year those “AOL CDs” were “airdropped” into peoples mailboxes. Thousands of the world’s smartest cryptographers, engineers and developers are building the infrastructure needed for the decentralized web, which many call “web 3.0.”
If you’re trying to build a business, there’s a saying: “follow the money.” If you’re trying to be involved with the next world-transforming technology, I like to say “follow the nerds” (that’s a compliment, not an insult).
2019 will definitely be an interesting year, with a lot at stake. Billions of dollars are still being poured into blockchain R&D and projects, it’s not just about Bitcoin anymore. The race is on for mainstream adoption. Which protocol will be the next IPv4, HTTP, SMTP? Who will build the first MySpace? Which network will blow our minds with fiber optic-like transfer speeds? Who’s novel idea will one day dethrone Reddit, as it did to Digg?
There doesn’t have to be a single standard protocol or platform – that’s not my point. My point is, the infrastructure is now barely being laid out and tested – some obviously outperforming others.
We are deviating from being a speculative market at such a fast rate that, quite honestly, caught me off-guard. Retail investors are actually performing due diligence before investing now! What a lovely sight to see.
For the past six months, we’ve received tens of hundreds, maybe thousands, of emails and requests from “projects” with no working product, no experience in the blockchain and had no reason to create a token for their idea. On average, we take on less than 20 percent of clients seeking help after performing due diligence, and invested in less than 1 percent of those seeking funding.
We were blessed enough to be able to almost ‘choose’ which projects we want to work with, thanks to all the word-of-mouth referrals from friends, partners, advisors and old-school networking. We welcomed the bear market with open arms because we were able to help projects achieve their goals. And through that process, we learned a lot.
Closing Thoughts
Blockchain projects, obviously, can not be evaluated in the same way as traditional companies.
Bitcoin started off as a grassroots movement, with a small group of cryptographers. This core principle has not changed, and we stress that to all our clients. The single most important factor for a project’s survivability is its community. Without community, there is no network. Without a network, there is no value.
I will argue that 2018 was the most important year thus far in decentralization. Yes, many people lost a lot of money. Yes, there were scams and money-grabs. Yes, we could have done a better job at attempting to protect consumers and ultimately the industry. But the industry is stronger and growing faster than ever, despite what the prices say.
For those in it for the long run, and for those that want to build an empire, this year’s bear market was just a prime opportunity to really focus on building. If you’re thinking “it’s too late for me,” you are completely wrong. You’re not seeing the big picture. We’re still on AOL dial-up internet. The canvas is 99.9 percent still untouched. Draw something with pencils until paintbrushes are available. You don’t have to hold an ICO to draw – to add value and ideas to this toddler-stage industry.
2019 will be the year where we truly find out which teams are capable, which tech is scalable and flexible, and which ‘novel’ ideas that we see popping up every day are applicable.
Have an opinionated take on 2018? BTC News Today is seeking submissions for our 2018 in Review. Email news [at] coindesk.com to learn how to get involved.
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Nevermind the Bears: 2018 Was the Rude Awakening Crypto Needed
Han Yoon is the CEO of Lundar Digital Assets, a project consulting and marketing firm focused on blockchain.
The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.
The brutal bear market we faced this year was not only necessary, it’s beneficial for the long-term outlook of this rapidly growing industry. Yes, I know – you’ve heard this a million times already. But honestly, this bear market was the best thing that happened for our company.
I say this with humbleness, because we had great leadership and advisors to guide us along the way – this market has made our company more resilient than ever, forced us to be more innovative, and will give a huge sense of pride and accomplishment when we come out of it alive and striving.
Not a lot of blockchain-related companies, whether it be projects, funds, agencies or even miners can say the same. This is Darwinism at work. Regularly, I hear about investment groups having no more money to invest, crypto funds being down more than 80 percent since the beginning of the year and ICOs that were swimming in cash that are now broke and bootstrapping to stay alive.
2019’s theme, it seems, will be survival of the fittest.
Welcome Back to Reality
2018 was a wake-up call, a rude awakening from the dream-like bull run of 2017 where shady entities could raise $30 million with an idea, a white paper and a website.
Welcome to reality. Fiat still rules, investors want returns and the government can easily impose regulations to scare off investors. Unlike the financial world, however, there are no government bailouts. Ironically, also unlike the financial world, many people will go to prison — for frauds, scams, and even “crimes” defined by archaic laws that should not apply to this new asset class.
Decentralization, a word that we throw around ever so often now, is a very powerful – and dangerous – ideology. We have become so desensitized to the word and its potential implications for the future of the world that most people forget how this entire blockchain industry was incepted. A single, powerful white paper gave birth to this movement.
No one thought that it was going to be easy or quickly met with mainstream adoption. Decentralization is in essence, a proxy war against the government, the oppressive financial systems and irresponsible or greedy corporations.
And Satoshi Nakamoto, bitcoin’s creators, knew the dangers and risk that it could bestow upon his livelihood and family. Can you really blame him for remaining anonymous?
2017: More Harm than Good?
The truth is, 2017 was absolutely unwarranted. I’m not talking about Bitcoin, because if there is one thing that was warranted, its the Bitcoin bull run. It’s simply how the market cycle works.
Those in cryptocurrencies long enough know this very well. So-called “experts” on mainstream media can say what they want, but Bitcoin is not going anywhere. It is the most thoroughly tested network for security and resiliency, and believe it or not, adoption is growing faster than ever.
What was not warranted, however, was the ICO craze that we allowed to happen.
It has irreparably harmed the connotation that comes with the three letters “ICO.” People are getting creative now – PTOs, IEOs, MNOs and everything in between… just to distance themselves from the words “initial coin offering.” And we sat there watching it happen, knowing well that 90 percent of projects would utterly fail. But how can we say anything when projects were doing 5x, 10x, 25x, 50x, 100x and people are happy?
I won’t lie and say that I never had temptations to write a quick white paper and make a fancy website with trendy buzzwords to make a quick million. I also won’t lie and say that I didn’t lose a lot of money by holding. Everyone laughed and mocked litecoin creator Charlie Lee when he sold the top, but I wonder who’s the one sitting comfortably now.
The ICO craze just happened so fast and intense that regulators were not given the opportunity to even consider creating a new asset class for the modern world. Hopefully some good news will come out of Congressman Davidson’s plan to introduce legislation to re-classify digital assets.
Looking Forward into 2019
Price is almost irrelevant for altcoins right now. We can think of 2018 as the year those “AOL CDs” were “airdropped” into peoples mailboxes. Thousands of the world’s smartest cryptographers, engineers and developers are building the infrastructure needed for the decentralized web, which many call “web 3.0.”
If you’re trying to build a business, there’s a saying: “follow the money.” If you’re trying to be involved with the next world-transforming technology, I like to say “follow the nerds” (that’s a compliment, not an insult).
2019 will definitely be an interesting year, with a lot at stake. Billions of dollars are still being poured into blockchain R&D and projects, it’s not just about Bitcoin anymore. The race is on for mainstream adoption. Which protocol will be the next IPv4, HTTP, SMTP? Who will build the first MySpace? Which network will blow our minds with fiber optic-like transfer speeds? Who’s novel idea will one day dethrone Reddit, as it did to Digg?
There doesn’t have to be a single standard protocol or platform – that’s not my point. My point is, the infrastructure is now barely being laid out and tested – some obviously outperforming others.
We are deviating from being a speculative market at such a fast rate that, quite honestly, caught me off-guard. Retail investors are actually performing due diligence before investing now! What a lovely sight to see.
For the past six months, we’ve received tens of hundreds, maybe thousands, of emails and requests from “projects” with no working product, no experience in the blockchain and had no reason to create a token for their idea. On average, we take on less than 20 percent of clients seeking help after performing due diligence, and invested in less than 1 percent of those seeking funding.
We were blessed enough to be able to almost ‘choose’ which projects we want to work with, thanks to all the word-of-mouth referrals from friends, partners, advisors and old-school networking. We welcomed the bear market with open arms because we were able to help projects achieve their goals. And through that process, we learned a lot.
Closing Thoughts
Blockchain projects, obviously, can not be evaluated in the same way as traditional companies.
Bitcoin started off as a grassroots movement, with a small group of cryptographers. This core principle has not changed, and we stress that to all our clients. The single most important factor for a project’s survivability is its community. Without community, there is no network. Without a network, there is no value.
I will argue that 2018 was the most important year thus far in decentralization. Yes, many people lost a lot of money. Yes, there were scams and money-grabs. Yes, we could have done a better job at attempting to protect consumers and ultimately the industry. But the industry is stronger and growing faster than ever, despite what the prices say.
For those in it for the long run, and for those that want to build an empire, this year’s bear market was just a prime opportunity to really focus on building. If you’re thinking “it’s too late for me,” you are completely wrong. You’re not seeing the big picture. We’re still on AOL dial-up internet. The canvas is 99.9 percent still untouched. Draw something with pencils until paintbrushes are available. You don’t have to hold an ICO to draw – to add value and ideas to this toddler-stage industry.
2019 will be the year where we truly find out which teams are capable, which tech is scalable and flexible, and which ‘novel’ ideas that we see popping up every day are applicable.
Have an opinionated take on 2018? CoinDesk is seeking submissions for our 2018 in Review. Email news [at] coindesk.com to learn how to get involved.
Messy bed via Shutterstock
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Nevermind the Bears: 2018 Was the Rude Awakening Crypto Needed
This post was originally published here
Han Yoon is the CEO of Lundar Digital Assets, a project consulting and marketing firm focused on blockchain.
The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.
The brutal bear market we faced this year was not only necessary, it’s beneficial for the long-term outlook of this rapidly growing industry. Yes, I know – you’ve heard this a million times already. But honestly, this bear market was the best thing that happened for our company.
I say this with humbleness, because we had great leadership and advisors to guide us along the way – this market has made our company more resilient than ever, forced us to be more innovative, and will give a huge sense of pride and accomplishment when we come out of it alive and striving.
Not a lot of blockchain-related companies, whether it be projects, funds, agencies or even miners can say the same. This is Darwinism at work. Regularly, I hear about investment groups having no more money to invest, crypto funds being down more than 80 percent since the beginning of the year and ICOs that were swimming in cash that are now broke and bootstrapping to stay alive.
2019’s theme, it seems, will be survival of the fittest.
Welcome Back to Reality
2018 was a wake-up call, a rude awakening from the dream-like bull run of 2017 where shady entities could raise $30 million with an idea, a white paper and a website.
Welcome to reality. Fiat still rules, investors want returns and the government can easily impose regulations to scare off investors. Unlike the financial world, however, there are no government bailouts. Ironically, also unlike the financial world, many people will go to prison — for frauds, scams, and even “crimes” defined by archaic laws that should not apply to this new asset class.
Decentralization, a word that we throw around ever so often now, is a very powerful – and dangerous – ideology. We have become so desensitized to the word and its potential implications for the future of the world that most people forget how this entire blockchain industry was incepted. A single, powerful white paper gave birth to this movement.
No one thought that it was going to be easy or quickly met with mainstream adoption. Decentralization is in essence, a proxy war against the government, the oppressive financial systems and irresponsible or greedy corporations.
And Satoshi Nakamoto, bitcoin’s creators, knew the dangers and risk that it could bestow upon his livelihood and family. Can you really blame him for remaining anonymous?
2017: More Harm than Good?
The truth is, 2017 was absolutely unwarranted. I’m not talking about Bitcoin, because if there is one thing that was warranted, its the Bitcoin bull run. It’s simply how the market cycle works.
Those in cryptocurrencies long enough know this very well. So-called “experts” on mainstream media can say what they want, but Bitcoin is not going anywhere. It is the most thoroughly tested network for security and resiliency, and believe it or not, adoption is growing faster than ever.
What was not warranted, however, was the ICO craze that we allowed to happen.
It has irreparably harmed the connotation that comes with the three letters “ICO.” People are getting creative now – PTOs, IEOs, MNOs and everything in between… just to distance themselves from the words “initial coin offering.” And we sat there watching it happen, knowing well that 90 percent of projects would utterly fail. But how can we say anything when projects were doing 5x, 10x, 25x, 50x, 100x and people are happy?
I won’t lie and say that I never had temptations to write a quick white paper and make a fancy website with trendy buzzwords to make a quick million. I also won’t lie and say that I didn’t lose a lot of money by holding. Everyone laughed and mocked litecoin creator Charlie Lee when he sold the top, but I wonder who’s the one sitting comfortably now.
The ICO craze just happened so fast and intense that regulators were not given the opportunity to even consider creating a new asset class for the modern world. Hopefully some good news will come out of Congressman Davidson’s plan to introduce legislation to re-classify digital assets.
Looking Forward into 2019
Price is almost irrelevant for altcoins right now. We can think of 2018 as the year those “AOL CDs” were “airdropped” into peoples mailboxes. Thousands of the world’s smartest cryptographers, engineers and developers are building the infrastructure needed for the decentralized web, which many call “web 3.0.”
If you’re trying to build a business, there’s a saying: “follow the money.” If you’re trying to be involved with the next world-transforming technology, I like to say “follow the nerds” (that’s a compliment, not an insult).
2019 will definitely be an interesting year, with a lot at stake. Billions of dollars are still being poured into blockchain R&D and projects, it’s not just about Bitcoin anymore. The race is on for mainstream adoption. Which protocol will be the next IPv4, HTTP, SMTP? Who will build the first MySpace? Which network will blow our minds with fiber optic-like transfer speeds? Who’s novel idea will one day dethrone Reddit, as it did to Digg?
There doesn’t have to be a single standard protocol or platform – that’s not my point. My point is, the infrastructure is now barely being laid out and tested – some obviously outperforming others.
We are deviating from being a speculative market at such a fast rate that, quite honestly, caught me off-guard. Retail investors are actually performing due diligence before investing now! What a lovely sight to see.
For the past six months, we’ve received tens of hundreds, maybe thousands, of emails and requests from “projects” with no working product, no experience in the blockchain and had no reason to create a token for their idea. On average, we take on less than 20 percent of clients seeking help after performing due diligence, and invested in less than 1 percent of those seeking funding.
We were blessed enough to be able to almost ‘choose’ which projects we want to work with, thanks to all the word-of-mouth referrals from friends, partners, advisors and old-school networking. We welcomed the bear market with open arms because we were able to help projects achieve their goals. And through that process, we learned a lot.
Closing Thoughts
Blockchain projects, obviously, can not be evaluated in the same way as traditional companies.
Bitcoin started off as a grassroots movement, with a small group of cryptographers. This core principle has not changed, and we stress that to all our clients. The single most important factor for a project’s survivability is its community. Without community, there is no network. Without a network, there is no value.
I will argue that 2018 was the most important year thus far in decentralization. Yes, many people lost a lot of money. Yes, there were scams and money-grabs. Yes, we could have done a better job at attempting to protect consumers and ultimately the industry. But the industry is stronger and growing faster than ever, despite what the prices say.
For those in it for the long run, and for those that want to build an empire, this year’s bear market was just a prime opportunity to really focus on building. If you’re thinking “it’s too late for me,” you are completely wrong. You’re not seeing the big picture. We’re still on AOL dial-up internet. The canvas is 99.9 percent still untouched. Draw something with pencils until paintbrushes are available. You don’t have to hold an ICO to draw – to add value and ideas to this toddler-stage industry.
2019 will be the year where we truly find out which teams are capable, which tech is scalable and flexible, and which ‘novel’ ideas that we see popping up every day are applicable.
Have an opinionated take on 2018? CoinDesk is seeking submissions for our 2018 in Review. Email news [at] coindesk.com to learn how to get involved.
Messy bed via Shutterstock
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New Post has been published here https://is.gd/Dyqzce
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