Are you more attached to your cryptocurrency portfolio rising in value, or spreading P2P electronic cash & economic freedom to 7.5 billion people?

in #cryptocurrency6 years ago

Hypothetical Scenario:

  • Let's say that for the next 5 years, 1st generation cryptocurrencies (BTC, BCH, LTC, DASH, etc) spread rapidly across the world.

  • In 2023 (5 years from now), a new cryptocurrency is invented (let's call it XYZcoin), and it is superior to 1st gen coins.

  • Bitpay, Coinbase, Ledger wallet, etc all add support for XYZcoin.

  • 1st generation cryptocurrencies (BTC, BCH, LTC, DASH, etc) fade off, and go into the history books, like Netscape, rotary dial telephones, and WWI biplanes.

  • By 2028 (10 years from now), XYZcoin has spread P2P electronic cash & economic freedom to 7.5 billion people in the world, including poor people in Africa, Cambodia, Guatemala, etc.

  • By 2028, your crypto net worth is a little less than it is today. You lost some money on 1st gen coins, and made some money on 2nd gen coins like XYZcoin, but overall, you ended up losing a little money compared to today.

In 2028, how would you feel if that's how it all played out?

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Coins mentioned in post:

CoinPrice (USD)📉 24h📈 7d
BCHBitcoin Cash1137.490$-1.84%14.09%
BTCBitcoin7654.180$-0.83%1.7%
DASHDash314.534$-0.69%2.41%
LTCLitecoin120.239$-1.84%1.39%