All in Blockchain

In October 2018, cryptocurrencies are in the doldrums and waiting for a catalyst.

It’s estimated that 49% of Central Asia and Eastern Europe, 59% of South East Asia, 65% of Latin America, 67% of the Middle East, and 80% of Sub-Saharan Africa are unbanked.

Or put another way 2.5 billion people are without basic banking services.

One possible catalyst and the propellant for blockchain technology along stage four of the hype cycle, (the slope of enlightenment), is decentralised exchanges that serve this market.

Blockchain technology: Is there a secret sauce?

Most people don’t know or care how their television works. All they care about is the on/off and channel buttons. Most don’t understand how their car works, or how a synchromesh stick shift gearbox magically gets them five blocks away from home without even thinking about it.

Understanding how Cardano’s proof of stake algorithm, Ouroboros, works is one thing. But using this knowledge to benefit from investing in ADA is quite another.

Short term pump or real trend? — Cryptocurrency metrics that matter.

The 5% club understand the most important variables the financial world uses to figure out the likelihood of money flowing into or out of an asset class.

One of the variables to be considered is the opportunity cost — aka the discount rate. Knowing the discount rate is the key to unlocking intrinsic value. And if the 5% have an estimate of the intrinsic value, they can compare it to the asking price.

The bottlenecks behind blockchain security

The 95% are controlled by their emotions. When a word like anarchy is used, it causes a lot of discomfort to the 95% because they use the best heuristic to make sense of the information. Anarchy is an example of an abstract word. It gives the appearance of explaining everything, yet it explains nothing.

In political science, anarchy is a word, when used in international relations, describing any possible state between order and chaos.

So, what has sovereignty got to do with cryptocurrencies?