Yesterday Dogecoin, today Shiba Inu Token, what is coming tomorrow?
My friend from the US called me last week and discussed these speculations. My friend lives on speculating stock prices. He invested in stocks. He elates over the rise of the stock market. He cries when the stocks stumble.
He bought and sold many crypto coins and tokens, including the celebrated Bitcoin. Now, he is repenting for not investing his hard-earned money on a new crypto token called Shiba Inu Token.
Is speculation enough to drive the crypto economy?
In my humble thinking, the world requires more tech innovations than ever.
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Crypto lovers are enjoying the hyped ride
Most crypto lovers, enthusiasts, and quasi-experts are writing. Everybody is writing. Even hard-core experimentalists and practitioners (including me) are discussing.
You can read (if not already read) a well-researched article by@scottcbusiness
"Should Yu Buy Doge Coin or Shiba Token?"
@scottcbusiness 's Odysee-dot-Com video commentary is also worth viewing.
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What else the crypto lovers can do?
The crypto world can't afford to stay on hypes.
The Crypto domain is driven partly by technology and partly by hypes.
Whether you agree with me or not, it is a fact that speculations and hypes drive the world's economy. And, it has been happening since time immemorial, since fiat currencies are in use.
The crypto developers must invent a way out.
The hypes around Bitcoin must stop.
Small tinkering around Blockchain seems not enough.
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Tech innovation is the only way out
“environmentally unfriendly cash” is being burnt by the world leaders. That doesn’t mean the “environmentally unfriendly” digital currencies shouldn’t be questioned.
Bitcoin blockchain needs new invention
The decentralized technology and innovation are fine. But the tech community can’t afford to sleep and clap like the tyrannical administrations of the national governments around the globe are doing for the enforced pandemic.
The cryptocurrency community must innovate
I am exercising tech innovation in my home lab. I am always getting some questions that are not yet answered by the crypto community. There is a strong need to improve the decentralized computing principles.
Blockless decentralization shows some promising solutions
We need more active researchers in the decentralized computing domain.
The future of cryptocurrencies depends on hardcore tech innovation.
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Cheers! Debesh Choudhury
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