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RE: Are Cryptocurrency Advocates Being Validated?

in LeoFinance4 years ago

This:

Cryptocurrency is getting a lot more mainstream attention. Of late, we saw the FUD kicked up into overdrive. Obviously, many of us feel this is by design. It is not a stretch to believe the cryptocurrency markets are heavily manipulated. As Wall Street entered, we all knew their marketing machine would follow. This results in the narrative going out based upon what they want the markets to do.

…is very true to me.

This :

It was announced that McCourt is going to invest $100 million into the development of a Facebook alternative that is built on blockchain. This is done in an attempt to decentralize people's data. Many on Hive will take notice of this. It is a validation of what we have stated for years about owning one's account and being able to post on an immutable blockchain. It is too early to tell what McCourt's project will look like. We also have no idea what the second layer will look like. Essentially, we could see a decentralization of the data at the base layer but the actual application has the ability to close down accounts and remove individual posts.

#shortsegments tagged for your attention

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