To be a crypto investor is to be a crypto evangelist. Like the Bitcoin maximalists, who thinks Bitcoin is something amazing to want to defend its integrity completely.
Entrepreneurs see in distributed currencies an opportunity to shake up the global payments business and land a few blows on the duopoly of Visa and MasterCard. Transferring money across a peer-to-peer computer network costs a fraction of what those giant money movers charge.
For crypto projects, a potential new business model is working directly with users. This creates a strong relationship that exists between founders and their communities. In open source projects with crowdfunding mechanisms, users are benefiting the builder by essentially fundraising for the builder.The onus is on the builder. To make that product valuable for the consumers. This feedback loop results in less noise, more signal since everyone has skin in the game.
Today, there are many cryptocurrencies, the temptation of making a fast buck repeatedly proves irresistible. A key sign of true ownership is whether the community HODLs. Engaging in pump and dump, speculations aren’t exactly the behaviors of true builders aint it?
It's better to take a 100 year view, to remove the noise and clarify things, which forces one to determine personal values. As Warren Buffet once said "the preferred holding period for a stock is forever".
Media is full of fear, uncertainty, and doubt (FUD). In the case of Bitcoin, someone will always write a report every couple of days to say it is going down, how many times do we need to have orbituaries for BTC?
In the Freehold community of HODLers, members do work on behalf of these protocols and get rewarded for their contributions to impactful things. Once trust is earned within the community, future work can be completed at much faster pace. Permissionless collaboration between engineering teams and content creators will be a trend within the crypto space.
