Crypto, Reflections

Crypto Winter? What’s Web3?

Shucks, I know that feeling of a downward falls after going through that high peak and stuff. My portfolio suffered and I decide to shut off the app and come back in another 5 years. 😝

It’s obviously a coordinated move by the institutional and with all the geopolitical stuff happening, this hit was exceptionally bad. However in Crypto, the other way from down is up so give it some time, the bounce back will be real. #HODL

As I took a break from the intense rat race, I realised a few things that there’s a paradigm shift from the concept to creation and many focus too much on the hype instead of what the exact values it can bring.

I came across a few projects and while chatting over dinner with D, Martin and 2 business associates previously, we spoke about the essence of Web3. Alot of people have the misconception about it bring just a digital economy focusing on virtual currency.

I personally feel its more than that. Blockchain is a technology that highly emphasized on being a trusted and secured network. Note the difference yeah~ D’s POV is that it’s decentralized, no monopolization of regulators making it a fair and unbiased view. I think it’s very important and it’s a huge step to leap, be it from a technology perspective, a hedge fund perspective or anything else in particular. 🙂

Am looking forward to it as the new generations are a generation who are more open minded with decentralized economy as compared to other generations.

Winter or not, it’s really HODL and to phase this out with time and a wise eye.

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