Since I got to know #crypto 6 years ago, I have tried to get numerous others interested in it as well.

How many was I able to convince in the end?

So far 2 people.

Here's why.
Most people are not interested in anything that is "too" new, even if it has potential to positively change their lives forever.

A new #technology only becomes interesting for them when it is considered "good" by a broader audience. Meaning that a lot of people have adopted it. Image
Another thing I noticed when talking to friends and acquaintances about #cryptocurrencies was that most simply don't have the spirit to research a new, complex #innovative technology after a hard day's work.

It was mildly interesting and that was that. Can't really blame them.
Those who took the time to google it quickly came across countless headlines about why #bitcoin is bad and why you should just stay away from it.

And for most of them a headline in a major publication had more weight than my humble opinion.
For us who are in this space everyday, crypto has changed and advanced a lot.

But we often forget that for the majority, the whole tech is still something very new and strange.

We are still very early. Somewhere at the lower end of the growth phase in this chart. Image

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More from @ren_heinrich

Jan 24
Hey everyone!

As promised, I took a closer look at some #crypto projects you recommended.
In today’s thread, I’ll take you through my research results for @GuildOfGuardian‘s game Guild of Guardians (GOG).

It’s an exciting project so let's jump right in! Image
Some numbers first.

• GOG is a mobile RPG that will go live in 2022.
• There are over 150.000 pre-registered players.
• 50+ developers with experience in AAA-titles are working on the project.
• The game raised over $5.3 million through #token sales (GOG Gems).
GOG has a neat website. A lot of time and money went into making this.

There are no broken elements. Spelling & grammar are flawless.
urlvoid.com shows no problems.

All of this gives the important first impression of a legit project.

guildofguardians.com
Read 35 tweets
Jan 17
Yesterday I wrote a thread about how the world will change fundamentally in the coming years & decades and why it is important for you as an #investor to prepare for this.

In this thread I will go a level deeper and explain some of the backgrounds.
#History comes cycles.

The state of societies, nations, and empires follows the following pattern: Birth-Growth-Peak-Decline-Depression/Death.

Sometimes the pattern ends. Sometimes it restarts.

Western industrialized societies are now in the decline phase.
There are numerous examples in nature for this pattern playing out. The same is also true for human-built systems.

To get a better understanding, let’s compare an example from nature (a pack of wolves) with a human made system (the economy).
Read 17 tweets
Jan 16
The world is changing.

From energy surplus to energy scarcity.
From economic growth to economic shrinking.
From deflation to inflation.
From social stability to instability.

Here is what you as an #investor need to know to prepare for these changes. Image
It is unimaginable for most.

But the world is running out of high density energy.
And renewables won’t be able to close that gap. It’s physics.

Which means we are facing a future where all of us will have to live with less energy available. Most have no idea what this means.
Less energy available means less energy to do things.

A lack of energy affects everything.

• Industrial production
• Transport
• Food production
• Healthcare
• Education
• …
Read 8 tweets
Dec 14, 2021
Here are 19 “mental tools” that I find useful for #Investing (and life in general).

⌚You can apply them at any time.
🧩The order is random.
🔧Which tools make the most sense for you depends on the given circumstances.

Let’s dive in!
1. Information Gathering

When making decisions, always source your data from different places. Include conflicting information and contrary opinions to get a more complete picture. And always assume that you don't know the full story.
2. Circle of Competence

Know which things you know and know which things you do not know. This way you know where you have an advantage and where you are at a disadvantage and should improve. Understanding your circle of competence improves decision-making and outcomes.
Read 20 tweets

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