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Slow And Steady Wins The Race by taskmaster4450

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hive-181335 · @taskmaster4450 ·
$25.06
Slow And Steady Wins The Race
<center>

[![](https://img.3speakcontent.online/krrokfno/post.png)](https://3speak.online/watch?v=taskmaster4450/krrokfno)

▶️ [Watch on 3Speak](https://3speak.online/watch?v=taskmaster4450/krrokfno)

</center>

---

We get impatient in the world of cryptocurrency.  Perhaps it is the instant gratification world we live in.  Whatever the reason, anything new that is announced, we expect it to take place immediately.

In this video I discuss how development simply takes time and slow and steady wins the race.

---

▶️ [3Speak](https://3speak.online/watch?v=taskmaster4450/krrokfno)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 246 others
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vote details (310)
@ai-summaries · 
Summary:
In this video, the speaker emphasizes the importance of patience and long-term perspective in the world of cryptocurrencies. He discusses the current excitement around DeFi (Decentralized Finance) despite the risks involved and the need for caution. The speaker also talks about the development of blockchain projects like Ethereum, EOS, and Hive, highlighting the challenges they face and their potential for the future. He mentions the impact of government regulations on the crypto space and expresses optimism about the industry's growth and potential for mass adoption through initiatives like NFTs.

Detailed Article:
The video begins with the speaker addressing the impatience and desire for instant results prevalent in the cryptocurrency space, drawing parallels to the development of the internet and how initial skepticism could have led to missed opportunities. He highlights the speculative nature of markets, emphasizing that capital flow drives market movements rather than mere fundamentals. The speaker then delves into the realm of DeFi, acknowledging the potential for both profit and risks due to scams but emphasizing the importance of observing development within the sector.

Moving on to specific projects, the speaker discusses Ethereum, acknowledging its challenges in transitioning to Proof of Stake but expressing confidence in its developer community and long-term survival. He also mentions EOS and Hive, acknowledging their challenges yet remaining optimistic about their future prospects. The speaker emphasizes the importance of patience in development processes, acknowledging delays and complexities in coding and testing.

The discussion extends to the relationship between cryptocurrency and blockchain technology, with the speaker arguing that decentralized and permissionless blockchain structures align more closely with the ethos of cryptocurrencies. He highlights the need for incentive systems in blockchain to regulate behavior and combat malicious actors, likening it to how Bitcoin mining operates. The speaker also addresses the role of government regulations in the industry, noting recent shifts towards a more inclusive approach in some countries and the potential impact on innovation and growth.

Towards the end of the video, the speaker touches on the potential for mass adoption of cryptocurrencies through initiatives like NFTs, citing Minecraft as an example. He envisions a scenario where millions of users are exposed to cryptocurrencies and eventually delve into the space, contributing to its growth and development. The speaker concludes by emphasizing the importance of continuous development and industry-wide progress, predicting significant advancements in the crypto space in the coming years.
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@aschatria · 
Yet we don't need to be too slow. :))
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@holybread ·
Leaderboard Vote
Your current Rank (30) in the battle Arena of Holybread has granted you an Upvote of 19%
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@luckyali · (edited)
Good afternoon !
yes i am also belive that Crypto peeps are addicted to short term thinking. i think we should learn some patience because patients is always beneficial in any sector. thanks for this great vlog again. !!! 
Resteemed !!!!
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@nathanmars · 
Like our modern society Instant sex. Instant food. Instant entertainment. Instant connection. On demand everything.

Crypto people are addicted to short term thinking
👍  
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vote details (1)
@pixresteemer · 
<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 22 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-21-and-start-week-22) just started...you can now check the winners of the previous week!</center><center><sub>6</sub></center>
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