Howdy crypto-heads!
This week we have a shorter update with just 2 items for 5/24 - 5/30:
5/29 event “How to Form a Blockchain Company”
Are we in a bear market?
1. Forming a Blockchain Company
As a crypto consultant I am constantly asked about the best way to form a company based around blockchain technology. After some digging I found there is a noticeable lack of resources to help people with this, so in true DCG fashion I decided to stream some helpful tips and general guidelines on the subject.
I’ll be joined by my friend and business partner Csilla Brimer who is extremely knowledgeable in this area, and on Saturday, 5/29 at 10am Mountain time we’ll go live and share our presentation. This stream will be on the Open Economy Initiative’s youtube channel rather than the DCG’s.
To be able to ask questions and view the event in real time you can go to this link - https://youtu.be/-o-vpmgZLRw
Also, if you miss the live stream that link will also host the replay, hope to see you out there!
2. Are we in a bear or bull market and should I care?
With a lot of red this week (and the week before) the general sentiment towards crypto is ranging from, “We’re in a bear market” all the way to “Crypto is dead”. While I do think we will see depressed prices in the cryptocurrency markets for the next month (or quarter even) the reason I got into crypto (and the reason I’m staying in crypto) has not changed at all.
The idea of “open money” and related financial services is revolutionary because it takes the control and power from the hands of a few and gives it back to the masses. Over the course of human history we rarely have the opportunity to change a fundamental part of our society so quickly. Being a part of this world changing movement is something I’m very grateful for, and is a helpful reminder to not take the current price too seriously.
The bottom line is that the cryptocurrency markets are manipulated by people with large amounts of capital. They do not control the ecosystem by any means, but their influence to short and sometimes mid-term pricing is something everyone needs to be aware of. Over the course of years and decades however there is no one who can stop cryptocurrency and it’s properties of providing freedom through un-censorable financial services.
If you are new to this space I’d like to ask you to listen to the folks who’ve been here for awhile…Dips like this are designed to make you second guess your original conviction and when you do, the rest of us who still believe are accumulating.
Stay strong and #HODL on (or accumulate more) my friends! There has never been a more exciting time to be involved and I can’t wait to see what the future brings!
~Matt