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RE: Kraken becomes a US Bank: WILL IT BRING an awaited MASS ADOPTION to the crypto industry?

in Project HOPE4 years ago (edited)

Definitely positive news. While banking systems will still try to centralize the technology, I believe it's already too big for them to stop once they have adopted any decentralize part. The the ones that most concern me are the corporations that reject decentralized coins and try to create limited access blockchains as a service.

News about Kraken has been raging over the past day. It is indeed exciting having a crypto 🏦. What I'm more excited about is the state of Wyoming!

It seems that this state has tied its economic future to crypto. And that's why most of us are here, for real substantial change on a global level. Not just representation, but an overhaul of the system.

Wyoming is one of the lesser-known states in the nation. Still, it is part of the heartland. You do not need to drive through it traveling between New York and California. So the only people that visit the state or those that need to be there for business which are few or those wanting to experience the mountains. Then there are the reclusive types which probably describes every one in the state.

So when that kid that hasn't said anything all year stands up in the back of the class and upholds crypto... and that kid has a say in who becomes President in the most influential country in the world, those of us who were not even being noticed suddenly gain the ear of traditionalist that otherwise would dismiss us.

As big as banking is, I believe mass adoption will come from something more entertaining like gaming. Banking will certainly play a big role. However for the culture to change, there needs to be excitement and relentless pressure. That can come from something we use everyday or the intense pressure that few activities attract like video gamers. You will not find any group more intense on an enduring mental level than we who put our brains up against the performance capabilities of the physical manifestation of electrons.

Whether a virtual general, player-vs-player warrior, or visually-spatially adept pilot, we would dare take on terminators, let alone those candy ass 24/7 corporate types, as digital gamers do not need to eat, sleep, and can die at the console. It's not an addiction, at least not for the majority, it's the free-flowing creative aspect of the mind that society through centuries of civilized living has, through inherent laziness sought to evolve out.

Game theory as applied to gambling is trivial. Game theory is merely a way for developers to try and leverage the creative capabilities of electrons in organized way.

Anyway, that last point probably went on longer than most readers would care. See, we can tolerate half-truths even in our banking system, but why do we play games if not for absolute honesty/challenge/creativity. For the admiration of others? Unlike physical sports, even if we have onlooking fans, our focus is already so close to 100% dedicated that the outside world has disappeared. If you, the reader, don't believe me about this focus, find a gamer, who has been going for a couple of hours and interrupt them.

Another thing you can try is either find a game you enjoy, or a fast-paced one and play for a few minutes, just a few, then read a couple of paragraphs. Take note of your speed, retention and especially your focus. Let yourself return to normal and try this again like a half hour later or the next day or whenever you can but just remember how you felt.

That boost that is 100x coffee I attributed to the dormant creative side of the mind that few artists ever access on this level. Crypto assigns value to the assets earned within this medium.

Not everyone will be a gamer, but everyone will realize that those electrons have value as do the intellectual properties they represent.

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 4 years ago 

I didn't find almost anything in this long reply.
My knowledge is not enough to understand it.

Three main things I was creatively conveying:

  • the importance of Kraken going through legal means to become the first true crypto bank in the US
  • even more important than that, is the state of Wyoming that support its own national guard militia and can vote for the President of the United States, is tying its economy to blockchain technology
  • lastly, I was really just off on a tear and wanted to push further in promoting mass adoption so I expressed how powerful the creative mind could be in the digital space through esports

Did that help clear up the creative clutter in my post?

 4 years ago 

Wow. Appreciate your amazing feedback @machnbirdsparo

What I'm more excited about is the state of Wyoming!

Wyoming is definetly one of those states, that I've never even heard about (as a forigner). It's interesting that sometimes big changes are happening in places, which many do not even heard about.

Anyway, that last point probably went on longer than most readers would care.
Luckily I do care :) Thanks for putting so much effort to share your view with me.

Have a great monday ahead of you buddy,
Yours, Piotr

Wyoming is definetly one of those states, that I've never even heard about (as a forigner).

Indeed, a good many of Americans would not likely be able to point out the state on a map. I would not even be surprised if some polls showed lower than 50%.

I've never gotten to enjoy a trip to Wyoming but have come somewhat close. I gather it's like cold weather cowboy territory.