Cryptocurrencies – It had to happen.

One of my friends told me a principle a long time ago. I do not remember the name of that principle but I still remember what was it about. The main idea of that principle was that
when society reach some level of development some inventions simply show up and it is not relevant how much effort society put into this. Simply some ideas and inventions will happen
itself, independently on our offert. Unfortunately, when it comes to ideas and inventions which we wish to happen sooner it require a lot of offer or maybe we can even say that we need to have that level of development anyway but we are making it short by put effort into specific areas and research.

How is it relevant to the bitcoin market and cryptocurrencies?

If you reconsider this it is easy to imagine that cryptorcurency is something what had to happened. We were be around for a long time, right? It is actually surprising that t did not happened earlier. There was the right environment for it for so long time and it was not just the internet but also paypal, online shops, vouchers. The most similar to cryptocurrencies are actually  micro-transactions in free-to-play games. If you are familiar with the algorithm of bitcoin you know that it is using something called “proof of work”. This has a beautiful analogy in free-to-play games where proof of work are hours you spent by lumberjacking or fighting with enemies.

Close you eyes and imagine our world when most of jobs are done by AI so, people to complete tasks is no more needed. Of course there will be
jobs where it is not easy or even possible to replace humans. But when is most of work done by machines doesn’t make sense that the value of property you have is derived from a computer
power available to you? Of course it does not mean that you have to have these machines it more like an idea that you world share/contribution is determined in computer units
rather than in mandays.

Bitcoin market crash – just another blog about bitcoin

We are a group of investors who are interested in stock market. We have been on stock markets a about 10 years.  When you spend this amount of time on stock market you start consider yourself not as someone who is very experienced but more as someone who definitively can speak about investing or speculating if you wish.

Past 4 years we were watching bitcoin market and a few other cryptocurrencies. Honestly, there is no strong opinion on investing in this instrument and we are little sceptic about bitcoin and cryptocurencies. On the other hand we do have part of our money in a few cryptocurrencies, but it is more for our education, testing and experiences. The purpose of this blog is to write our ideas, thinking and maybe go back after some time and re-think.

Even from the name of this blog is obvious that we think that it is maybe some light alternative of Apple shares and not a super rocket from where you can take incredible profit without paying that price by your risk.

We wish you luck with investing, believe or not luck is actually a big player when it comes to stock markets.