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RE: The Stock Market and Crypto is Crashing

in #steemleo5 years ago

Life is a bit crazy right now... I hope you and your loved ones remain healthy. Here in Germany a steep rise of infections is expected because so many people were skiing in Italy. In the big cities there has been this things like sold out toilet paper or pasta, but small town life is still different. Everything is available here.

Well, I think that long term STEEM might be more stable than classical cryptos like Bitcoin. Bitcoin has a worth because people believe in that worth - it has no use. The Steem Blockchain with all its dapps (and other Blockchain like that) is a place where you can use a crypto, not just have it.

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I wondered how life was in smaller cities and in rural areas that don’t get a lot of international travelers. Only time will tell with the crypto market. I had to stop looking at the notifications coming in regarding price changes. There is a lot of buying and selling going on right now which is causing huge fluctuations in prices. Thanks for your input. I wish you good health during this season.