(1\25) The #vision & addressable market opportunities of Blockchain’s such as @ElrondNetwork & accompanying #community/network $EGLD ⚡️ is vast beyond what many can fully grasp. It’s the opportunity to re-write the rules of the status quo system that currently serve the few (1%)
(3\25) #Digital gaming etc. The existing status quo system restricts the majority from participating both in the value sharing (#investing) at the ground level due to supposed accredited investor protections & the value creation (new products/services) unless one has access to
(4\25)capital which currently has very high barriers for the everyday person How? #Blockchain & #DistributedLedger technology such as @ElrondNetwork among others allows anyone to raise capital via Launchpads such as $MPAD by crowdsource funding mechanisms maiarlaunchpad.com
(5\25) essentially. The community can pool their money together so that the people are now the hedge funds & venture capitalists. This creates a win-win by allowing ground up value capture via start-ups to anyone, anywhere via access to a user friendly application such as
(6\25) @getMaiar which is a tool that encourages & fosters #newcomers not just experts. Simultaneously, allowing for value creators ie developers to raise funds seamlessly, which is in stark contrast to the current bureaucratic status quo system “insiders club” that only a few
(7\25) have access too for raising money via venture capitalists & hedge funds. The implications of this is massive, beyond comprehension. It’s essentially the start of a new #economy in which the new system is implicitly designed for #equitable opportunity on both the value
(8\25) capture side (#investing) & the value creation side (#developers or anyone wanting to #collaborate with them to facilitate brand new value propositions via new products/services), while continually improving the utility/benefit of existing products & services we already
(9\25) use. This system design strongly aligns incentives on both sides (value capture - investing) & (value creation - new products/services) thus changing human #behavior, especially as it relates to #productivity & #motivation. This is because it touches on THREE (3)
(10\25) #psychological NEEDS that ALL humans have based on 100’s of #studies done on Self Determination Theory (SDT). 1. Competence - the belief you are in control of your life or a specific task (#EquitableOpportunity & #Permissionless system) 2. Relatedness - being connected
(12\25) 3. Autonomy - to have freedom to make decisions (#Permissionless#FrictionlessProperties). Furthermore, these 3 NEEDS ALL humans have are affected by 2 forms of motivation #incentives that are KEY to Human Performance & Productivity. 1. Extrinsic (REWARDS driven via the
(13\25) knowing that one can capture value for their creation with @ElrondNetwork $EGLD 30% industry leading built in royalties for creators & Investing (value capture at ground level $MPAD), which may provide life changing returns similar to private equity) (PUNISHMENT driven by
(14\25) bad actors, acting maliciously to corrupt the Network by losing all of their stake & not receiving funding for product/service or wasting ones most precious resource - time via not meeting market needs) 2. Intrinsic (Coming from within, new vision/idea, pride of achieving
(15\25) the goal of creating a new product/service, improving self worth by establishing a sense of purpose that gets instant feedback) This system design by the @ElrondNetwork $EGLD thus serves the 3 human psychological NEEDS & 2 primary #motivational drivers that increase human
(16\25) #performance & #productivity benefiting #everyone. This new system #Blockchain implicitly promotes #transparency via open source code design, which in turn facilitates accountability changing human behavior constructively & positively. The health & growth of such a system
(17\25) (platform) it’s built on such as the @ElrondNetwork among others can be seen 24/7/365 via an explorer such as this explorer.elrond.com It drastically improves the #speed to market & the delivery of the #value proposition of a brand new #product &/or #service. This
(18\25) creates a win-win on both sides for the people not a select few individuals like the existing system. The @ElrondNetwork is a system design where innovation & change is driven from the bottom up, not the top down, this is powerful. This means that the people now get to
(19\25) not only vote with their dollars from the ground up for innovative products & services via #Blockchain#LaunchPads such as $MPAD while simultaneously sharing in the #value (investment) creation of this product/service & its accompanying utility/benefit. Did you know that
(20\25) people #collectively are the ones that shape groundbreaking innovative products/services & or improve existing ones? According to a 2019 #study 54% of significant inventions are the result user innovation. Think about that, most new products & services owe their existence
(21\25) not to large #corporations research & development departments (R&D) but to small #groups of enthusiasts ie the people #collectively. Yet, us, the people while deriving further utility from improved or new products/services don’t get to receive any of the value capture for
(23\25) #opportunity for #all network/system participants does this to the highest degree. This is #groundbreaking, both for speed to market & changing the path of #wealthInequality. This system is designed for the people by the people. Not a system that serves the 1% or promotes
(24\25) #opaqueness, #corruption, #greed & #wealthInequality. Now tell me do U want to allow the “Insiders” who benefit from the status quo system & will do anything to stop this to maintain power? Or do U want to vote🗳 with your 💵➡️ $EGLD ⚡️time & awareness/educational effort
(25\25) by facilitating a #BlockChainNetworkSYSTEM that promotes #fairness & #equitable opportunity for all people & pave the way for a new system that can change the course of humanity forever? I know what I am doing $EGLD ⚡️🙏🏻⚡️🔜🌕🚀 $CEL is building bridging the 2 worlds too!
(1\49) A Personal Memoir Perspective on my path and what I see for #Blockchain & #Crypto for the People?
I grew up in a cult religion. First exposure to mind-control & understanding of how profound belief structures were, due to the intensity of such an environment. $EGLD $CEL
(2\49) Upon reflection, while the magnitude was different much of the belief structures of the world were equally as harmful & deceiving. They could create a social construct that to everyone inside it felt like the most ideal way to live. They could make everyone stop
(3\49) questioning things. None of this felt right to me though. Even at a young age I had a skeptical mind, in part because my body was already sick and I hadn’t been on this earth very long, more on this in a future date but just understand the medical industry is full of
(1\28) The biggest misconception about #crypto is it’s just a different currency. No, it’s an advancement in #technology. All of our financial systems are archaic & outdated. Also, current design based on existing infrastructure promotes wealth inequality continually $CEL $EGLD
(2\28) why it continues to get worst. This creates much of the wealth suppression of people, which leads to resource scarcity, falling into Maslow’s lowest hierarchy of needs, contributing to corruption, crime, chaos, social issues, etc. The core problems of society have a root
(3\28) cause.
ACH - Automated Clearing House transfers take 3-7 days which is horrible in an instantly connected e-commerce world.
Securities - Cash (unless wire which isn’t instant), stocks and other securities require settlement which can be 3 days or longer. All solved
1/ I produce a lot of content. It's difficult for some to keep up with at times. Below, a list of some of my threads & important tweets for $EGLD & $CEL The Crypto Industry & Banking/Federal Reserve & Investing. Education is Freedom & Crypto is Financial Freedom. #cryptocurrency
(1\13) The next time someone says #crypto is the one with #leverage tell them they have ZERO understanding of the existing legacy banking & financial system. Historically banks were required to hold 10-13% in reserves. Federal Reserve moved it to 0% on March 15, 2020 $EGLD $CEL
(2\13) federalreserve.gov/monetarypolicy… When I used to teach banking I would have my students perform #UBPR which are essentially an analytical tool for assessing banks health & performance. NEVER has the banking system allowed 0% reserve. Let me
(3\13) give you a mathematical example of how #FractionalReserves are essentially implicit leverage. If banks historically had to hold say 10% than the way you would understand how much leverage is by 1*1/R. You deposit $100 *(1/R) R=10% = $1,000, so they can lend out $900 for
@Adrianos@Mashinsky@CoinDesk@GenesisTrading@CelsiusNetwork So Mr. @Adrianos let me get this clear for you. Since you R not as versed in granular details of @CelsiusNetwork let me just break it down for you, okay? I am not sure if you are a ploy but you are about to understand why your questioning while valid is comical at the superficial
1/6 I taught banking & financial markets & Institutions at the University for years. It’s comical to me how little these “Financial writers” know about the ever changing landscape of our LEGACY financial system. People discussing @Tether_to $USDT … #BTC $CEL $EGLD $MATIC $USDC
2/6 how it’s so groundbreaking they are only 3% cash, rest being a combination of cash equivalents, treasuries, or short term assets. What most FAIL to realize is on MARCH 15 2020 the #FederalReserve Reserve announced 0% Reserve requirements for Banks federalreserve.gov/monetarypolicy…
3/6 So people like @smdiehl or @FinancialTimes or quoting the likes of individuals who are supposed “Financial writers” without giving context of the existing 0% backed reserve system in OUR EXISTING FINANCIAL SYSTEM is perpetuating lies, illusions & false truths. Things should