There’s some things I don’t like about crypto. The main one is they are non earning assets so they can’t be valued in a traditional way. And with Bitcoin, who the hell is Satoshi? Why would you put money into something where you don’t know the founders. Offsetting that my view is we are probably 10 years into a 20 year transformation of banking / finance / money. With all only 180 million holders of any crypto world wide or less than 3% global population, we are still very early in this space. what I do like is , not relying on a companies management and board to deliver returns, that many cryptos have a limited supply , compared to companies where management continually issue more shares and receive discounted shares or near fee shares based on some dodgy performance structure, all of which dilutes existing share holders. there’s no accounting trickery or fine print to root out , nor off balance sheet hidden debits to worry about. Many cryptos rely on other people coming up with business ideas, independent of the original blockchain developers, and starting their business on said blockchain(s). those business people are worldwide, adding value to the blockchain they are using. Also crypto is traded 24/7. Sure theirs plenty of price manipulation , but insider trading(?) don’t know if that’s possible . So I don’t know which cryptos will be successful but I like those that have a current use case. They are actively being used successfully now, worldwide. If the promoters of a certain crypto were to disappear, would the crypto still be viable, that is also a consideration ( taking into account my earlier criticism of Bitcoin) in those that I’m interested in . Just my thoughts. Jet
