6 Thoughts After 5 Years (& 300 Blog Posts) Down The Crypto Rabbit Hole
I went down the crypto rabbit hole in 2013 and 2014 so deep that the Wall Street Journal wrote a story on bitcoin calling me “Wall Street’s Bitcoin expert.” But while I looked at the crypto light, I did not see it. Many people still struggle to see it, which I describe in “The Top 10 Reasons People Can’t See The Crypto Light.”
On June 29, 2017, on a conference call I held involving ICOs, I saw the crypto light:
I became of the belief that crypto was going to be the biggest thing to happen in the history of humanity, and I’ve been involved with crypto 24/7 ever since. And it’s been the most interesting and enjoyable five years of my professional career.
I’ve written over the past 300 crypto-related blog posts, on topics that I wanted to learn about. Weirdly, more often then not, the more I learn, the less I feel I know.
Below are a few thoughts that came to mind as I reflected over the most important lessons learned last five years:
1. Nobody Knows Anything
My first thought piece “7 Thoughts On Crypto After 3 Months Down The Rabbit Hole,” written Oct. 8, 2017, is still my most-read post, and is still timely. I still use it as a primer for newbies. The first of the 7 thoughts was. …
Crypto today is still like the internet in 1993 or 1994, before Netscape introduced its browser, laying the groundwork for mass adoption of the internet. No one was talking about Google, or Facebook or Amazon Web Services then. How could they?
“The Two Reasons Why The Forecasts For Bitcoin YE 2018 Were So Horribly Wrong” highlighted how horribly wrong the “experts” were about their year-end bitcoin price targets.