Home > Boards > US OTC > Miscellaneous > Adia Nutrition, Inc. (ADIA)

People have been asking me privately for a

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Jason Coombs Member Profile
Followed By 17
Posts 718
Boards Moderated 1
Alias Born 02/08/08
160x600 placeholder
Jason Coombs   Monday, 03/01/21 09:55:24 PM
Re: None
Post # of 6229 
People have been asking me privately for a status update, thank you all for the long-form serious discussions. Be impolite and ask the hard questions, my inbox is open and I try to respond to everyone.

One question being asked frequently is what my expectation is going forward. I want to be clear about something:

The current market for cryptocurrencies and Non-Fungible Tokens (NFTs) appears structurally broken and driven by investment memes, not by anything that could be expected to have staying power and lasting economic value in the crypto secondary market.

Artificial scarcity created by a consensus algorithm and source code rules dictating a deflationary coin supply are NOT rational or reasonable, in my opinion.

The present market mania is NOT different from any other mania before it, and I see no reason for crypto market prices to rise from here. I believe the permanent top is firmly in place on Bitcoin now, and there will be another long-lasting bear market in crypto.

A "Crypto Dark Winter" is beginning now.

In a market crash generally it is inconceivable that crypto as it exists today would remain hot and hold its market price.

Most likely the next crypto bull market will be in three to five years and it will lift one form of cryptocurrency to the top, surpassing all other cryptocurrencies in number of users and amount of value stored on-chain, plus the value of all NFTs issued on the leading P2P node cluster network, circulating daily with a normal velocity of money for money (as opposed to the velocity of churn associated with investment securities which is how most crypto assets are being marketed and purchased today).

AFTER the market crash and Crypto Dark Winter that is coming, that is when I am confident my work in this field will be recognized and adopted, perhaps as the new global standard for all money.

This scale is achievable by forking the underlying source code, NOT through Layer 2 Scaling for Nakamoto consensus and Proof of Work nor based on a switch from true decentralization to centralization around somebody's Proof of Stake or other ownership registry-driven consensus or distributed governance algorithm.

Before it is clear to me how ADIA/Homeland Forensics will fit into my plan for growth in the future around my peer-to-peer software engineering and computer forensics work there does not seem to be a way for me to explain how our shares will benefit from the world's experience of Crypto Dark Winter, which leads inevitably to the coming long-term prosperity-creating regulatory reforms around the global Virtual Currency Spring.

Freedom of peer-to-peer value creation with cryptography and computer forensics cannot be stopped. Humanity is now aware that these tools of peer-to-peer networking and cryptoeconomics are fundamental inalienable human rights. But not as the crypto markets have structured and priced them. I believe strongly that the correct strategy going forward is to avoid harm from the Crypto Dark Winter and build the best solutions relentlessly until the Virtual Currency Spring arrives to lift everyone out of the darkness and put an end to the global disagreement about how to price goods and services transparently and constructively in the real economy without the central bank fiat currency-driven boom-bust business cycle.

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
Current Price
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences