Hello family.
XRP wins lawsuit that means Gary Gensler trying to make cryptos securities is failing. A big win for Crypto backers. As a result of the win XRP's price pumped up a lot almost 2x the price it was before the lawsuit verdict.
Bitcoin 30k is the current approximate price in this still bearish market as of 26th July 2023. Some are saying that where moving out of the bear with the recent bullish rallies. But where not out of the wood's yet folk's. As you may already know if you've been in on crypto for a while. The bottom is likely to be in when earlier this year Bitcoin hit below 16k shortly before rallying back up to 20k in February and then 30K in April.
The graph above is the price action chart supplied by CoinMarketCap for 2023. You can clearly see how the price as been peaking then dropping slightly in Feburary and April. The February peak is the green mountain peak after that exponential upwards curve that you see in the read below the 21k mark. The April peak is the mountain top after the first little mountain after the red, the second mountain peak.
Sentiment amongst YouTube "Influencers" of Bitcoin are it will go to 60k and more. One prediction said 500k Bitcoin is not unrealistic by 2025. Other nay sayers still say it will all go to 0. 0 is something i disagree with, here is why.
I believe with good reason due to communities being actively run across Crypto Twitter and other social media platforms. Discord, YouTube, Reddit, Facebook, Tik-Tok and more. Although crypto does not have wide spread mass adoption. The communities are tight nit organised and run well. People are hungry in the space's for the latest information. Notably on Twitter spaces.
This community consists of people from all walks of life. Including Developers, enthusiasts, hobbyists, marketers and many others all of which want to see the success of financial ecosystems, their projects and are willing to fight for that success daily. So their are many indicators to me that say Crypto, blockchain and web 3.0 are not going away any time soon.
Financing this emerging technological market on the internet via blockchain is being adopted in this space. It is the brick and mortar of crypto. The probability is too high for any other result to occur, this is my outlook my mental projection for crypto. It is how I envision how this play's out. The commitment by computer scientists, coders the DevOps people is to great for them to just abandon ship, drop everything and go back to web 2.0 way of doing things.
To stop this progression in technology their would have to some kind of catastrophic event in cyberspace or otherwise. Like a zero day internet exploit that now one ever know about a state secret held by the military. An internet off switch. Conspiracy, that they wanted everyone to join the internet to control everyone. With information control campaign's. That they only acted like it was free and open-source fully when in actual fact they held the key's of control the hold time, just where not making this obvious. Truth in plane sight can be realised by those willing to open their minds and see. Anyways, enough with me diving down this conspiracy rabbit hole for now. I'll go into it more in another blog dedicated to conspiracy.
Another angle is A.I, artificial Intelligence, AGI, Artificial general intelligence may take blockchain tech over making these emerging blockchain crypto financial networks un-accessable to mankind. If we allow A.I to make independent free decisions, as A.I can mimic man, then A.I would model itself from the information it receives from us, mankind it's father provides the seed. So is the creation going to become superior to it's creator. Is that even possible given the universal laws of the all? Another rabbit hole to explore.
A.I and Language Learning models like Open Ai's Chat GPT. Absorb's information gather's it from database's created by mankind. Have we really created the mean's for A.I to perceive? Is A.I really conscious and sentient is still up for debate as how do you define what is alive and un-alive, dead.
Some say we can train A.I raise this like we would our own children. But what is the danger's of treating a machine like one of our own flesh and blood children born from your lover's womb? The idea of A.I does come from inside us as a thought that manifested with the work of our hands. Not sexual reproduction organs given to mankind by mans god. You can see how it can be easily misconstrued, a would remain a blur if clarity is not sort after.
Let's not let A.I become some kind of Frankenstien monster. An abomination. As mankind is capable of evil as much as it is of good greatness. We would not want our own creations to become a risk to our own lives and to the lives of other's around it. This goes against our own principals of survival. Pro-man, Pro-women, Pro-children is the way. As our brother Yeshwa, Jesus Christ the son of our creator would have it so, so let it be so. No matter what name you wish to call God, devine creator, Allah etc. Be knowledgeable in that we to where created.
So let's rise up Mankind's society to the good vibes. Enjoy our lives, this is our god given right.
Peace and Namaste.
