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The Cost Of Not Being In Crypto by cryptoandcoffee

View this thread on: hive.blogpeakd.comecency.com
· @cryptoandcoffee ·
$46.16
The Cost Of Not Being In Crypto
<center><img src="https://images.hive.blog/DQmTRz9Fpb8Sgmrd1ENJKVgSsJizXmonotnkVo8v5pnT1Pe/GettyImages-90370650-601046c512ed4aedbc686844dcfd6a52.jpg"/></center>

[source](https://www.investopedia.com/terms/s/suddenwealthsyndrome.asp)

**The old established wealth is under threat as the controls they have had in place for generations is being  eroded away.**


Those of us who are in Crypto could not imagine not having Crypto in our lives as it is genuinely life changing. How long can the masses afford to stay out as every month that ticks past is going to be very costly.

The divide between what I see as new wealth being generated is going to transform the economics that we have known for decades. This is new wealth being created and this is going to upset the balance of old and new money.
<center><img src="https://images.hive.blog/DQmRwZK2Smwk29gLMDJgyArsadTxzX6EaG6ZknsvFx9m9Z2/1.webp"/></center>

[source](https://economictimes.indiatimes.com/news/politics-and-nation/indias-richest-1-corner-73-of-wealth-generation-survey/articleshow/62598759.cms)

The top 1% control the world through business interests they have had for generations and money passed down. The elite are under threat as thousands of millionaires are going to be created over the next decade. The balance is going to shift and rightly so.

You can understand the reasons why the institutions don't want crypto around as they are going to be the biggest losers as they are not going to be required going forward. The new wealth being created doesn't require their services like we have seen in the past as this will bypass them. 

I can feel and notice the growth in my portfolio each month and I am by no means a big fish so I can only imagine those portfolios with far more zero's how much they are growing. 

The sideways movement of the crypto market is when the most accumulation happens so those that have staked investments earning on the various crypto chains are milking a fortune every day. Those outside of crypto with no knowledge cannot see this and possibly why the SEC is very worried as whilst they try and stop or delay Crypto those in Crypto are only getting bigger and wealthier. 

When mass adoption happens whenever that might be as I am in no rush to see this happen even though I do believe it will. Blockchain technology is only going to get bigger becoming more involved in everyone's lives on a daily basis whether they know about it or not.

I see the non committal by the masses more on an ignorance basis as they should be researching what is happening. If you believe the media then it is your own fault as crypto is here to stay and will be a key part of all businesses in the future.

We are definitely seeing a gulf between the have and have not's being created even if the true dollar value is not that apparent currently. This is still early which is rather scary knowing how much is being made daily, weekly and monthly. 

Just think how much your portfolio is worth even at these low prices and do you have the equivalent in your bank account to match that value? I certainly don't and doubt if the majority of us in crypto have either and that is a telling answer as this is all new wealth.

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vote details (392)
@irfanm ·
The future is fixed now and no one can bring much change except crypto..We are much heading towards future arrangements..
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@itwithsm ·
The rich is getting richer and Poor is getting more people, That's the saddest thing about this world, These rich people have so much influence that they are not letting the middle class people to become rich and reach their places.
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@rehan12 ·
> The sideways movement of the crypto market is when the most accumulation happens

Have been missing this meaning of line for so long! Not going to miss that chance anymore. 
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@trayan ·
yeah, just like my first 50 btc sent me from a guy, which i've made websites for..back in 2012
i'm very happy that i've sold them for $5 each :)
no worries
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