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Elon Musk is not the issue, we are.

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by COINS NEWS 282 Views

Here we are, a few days after Dogemania, Shibuhype and whatever shitcoin has been overshadowing useful coins in the cryptoshphere. And nothing has been learnt.

The problem with cryptocurrency is not Elon Musk, it is us, it is the people who give power to individuals such as Elon Musk who are then able to sway the market in whatever way they see fit. We have been preaching to the world about the benefits of Crypto and taking power away from the banks, but we have given that power to other people. We have allowed Cryptocurrency be the shaped by influencers, not technology and adoptions.

We need to stop holding people like Musk, Saylor and others. We should not be giving into cult of personalities, we should not be begging for tweets from people to move markets in hopes we get rich.

The current market is the way it is because of us and the power we have delegated to these influencers. Banks do not tweet in hopes to disrupt or pump the dollar, so why should we be ok with individuals with their own agendas?

When are we going to take the market back? We all fear 2017, but the truth is that 2017 was a much better space for crypto. We did not delegate influence of the market to tiktokers and the Musk's and Saylor's. Instead the power was put behind the use and the idea and the future of Cryptocurrency.

Now where are we? A tweet can send you bankrupt. We have made Fiat safer.

Elon Musk is not the issue, we are.

submitted by /u/The_Batfleck
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