One thing I've noticed in following bitcoin and cryptocurrency spaces is the acceleration of time. We always hear of "dog years," where a dog's life span progresses faster than a human at, generally speaking, a 7X rate. So, a three year old dog is 21 in human years. Or, a 49 year old man is only seven in dog years.
Well, in "crypto years," I think the aging rate is even higher than dog years--crypto years advance 10X as compared to humans.
Been around?
Anyone who has been around bitcoin or any cryptocurrency has seen the timeline: a rumor, a few chats and comments on a bulletin board, a burst of energy and enthusiasm on social media, wild enthusiasm pre-launch, go-live-day!, brief ecstasy!, slow wane, sameness, technicalities, complaints, fixes, thanks, sameness, technicalities, complaints, hey! what's that?, did you about about...?, version 2.0 is coming out, mild excitement, 2.0 launch, okay we did it!, sameness, technicalities, sameness, drudgery, hey! what's that?, did you hear about...?
And then an announcement by a lead dev: "I've been going through many life changes and need to step away..."
Or, simply no announcement and just silence.......
And we non-devs, we're no better. How many altcoin/cryptocurrency projects, memecoins or blockchains have you been interested in a some point? How many now-inactive wallets for coin XYZ do you have stored somewhere on your computer or phone or on paper as a seed phrase.
Things happen fast in the crypto space. Ten times faster than in real, human life.
Why 10?
Why not? It's a good, round number. If a crypto project sticks around for three years, that's almost a full career in real life. A dev who has put three years into a single crypto project is like an IT person who has put in 30 years pulling wires at the home office of any Big Corp.
This isn't necessarily bad. This space evolves quickly. The natural selection of this space weeds out the unfit quickly, and that's good. But, it's just something we need to be aware of and be able to live with.
As an example, consider the memecoin frenzy that currently gathers a lot of hype. There is a new, super hot fresh memecoin nearly every day now, certainly every week. A memecoin that retains some energy beyond a couple of weeks is really a standout.
The original, Dogecoin, is only ten years old now. That's 100 crypto years. Maybe this is why Doge is seen as the old godfather of memecoins, the 100 year old guru of memes and why many of the memecoins are still dog-based or have hints of Doge in them.
My point
I'm not really sure what my point is here. I guess my point is this:
In this space, things change fast. Crypto years are 10X human years - coins and blockchains come and go. And, people and relationships come and go as well. We need to realize and expect this, technically, financially, and on a person-to-person human relationship level as well.
I go by @crrdlx or "CR" for short. See all my links or contact info at https://linktr.ee/crrdlx.
I'm with you. The only project in crypto that has held my attention for any length is hive.
It's the only one that has kept building and innovating in a fun direction. There are more but I don't care about defi and other crap.
I want real world apps.
Well, for me, bitcoin and Hive. I still have some Doge. I'll admit that I have a special place in my heart for Doge. It helped me learn about this space because it was so worthless that it didn't matter if you lost it, and secondly, the Doge people were just nice and fun. They tossed around free DOGE all the time and it was great for trying and testing and learning. Then I joined Hive in 2017, didn't do too much until just before the Steem/Hive fork. It's my go-to place to blog.
There is a lot of logic in what you say, interesting.
That sounds about right... and sometimes it does feel like I have been on Hive for going on 70 years! And like 100 years since my sister stood in my kitchen, talking about "this new electronic money they call Bitcoin."
So your sister talked about bitcoin 10 years ago...you're an OG! What really prompted me to write this post was the people though. Sometimes, in crypto, there have been people that just vanish. You "see" them online and interact with them and they're all in, every single day. Then, they're gone. It happens in real life. I think of coworkers who I grew to know fairly well, then they take a new job, and they're just gone. In crypto though, the speed is just accelerated.
Thanks for trying out CR! Let me know what you think about it.
Will do. I love the concept and creativity you put into it...figuring up new ways to oncentovize involvement and add value.
I noticed in the PeakD “most viewed” list there are several posts that turned on CR. It does seem to help with engagement.
I never thought of it that way until you pointed it out. Indeed, most crypto projects fail because they either overpromise or don’t actually have a solution to the problem they set out to solve.
In the last cycle, I was actively searching for the next big thing in crypto, and most of the ones I looked into claimed they were going to disrupt a major industry, as if they had it all figured out. But I knew that all they really had was a fork of a chain and a fancy website 😅.
I got tired of that, so I decided to stick with Hive instead. Here, I know what's actually happening, and I can use the apps that are being built.
This is just impossible. Picking which silly memecoin will hit next is throwing darts at the stock tickers. And even seemingly well thought out projects come and go.
@crrdlx...
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