Crypto is a deep sea
It was march 16, 2020, when I watched the meltdown of Wall Street. Watching live bloomberg was like to watch the world ruins right in front of you.That day something clicked inside my brain…
I jumpstarted Bitcoin as a maniac…I was reading whitepaper like I was an expert and that was like the whole world melting again in front my eyes…I remember thinking, that’s the revolution that my generation is here to watch happen.
I am not an Early adopter by the way…came to the scene quite late actually. I bought my first satoshi for 56k USDXBTC.
I invested my first couple of dollars, actually Reais BRL which is the currency in Brazil, then It grows to hundreds and finally a couple of hundreds of investments.
Buying and hodling or even selling coins It’s not so hard and not as profitable as I thought as well, and then comes my studies on the underground and crypto investing.
When you hit Defi you can forget some physics laws, imagine the WallStreets ones… You’re gonna crash with 1k% reward often… And you may be asking yourself…
Are theses real? Is that legal? How am I going to make an IRS declaration later on?
But before answering that, you may realize 2 things,
First, they are at their word. It’s not even connected directly with the system of law, compliance and governance that we are used to seeing here. Which does not mean that its not audited.
And two, It’s not “real” money.
After saying this. Can you realize how the economy and finance are changing at such a high pace that It can’t be controlled or regulated in time?
That's the moment when we hit the sand near the sea with a very low tide. The ocean ahead is DeFi, Cryptocurrencies, metaverse, DAO’s, NFTs, IDOs, ICOs…
They are all being explored. Choose your beach.
Join in, or not. Not financial advisory.
TMJ
