Thanks for sharing your situation. I find it interesting to learn about the situations of others and yours was certainly different. I think what you are doing for your family is good. Even if Shib doesn't work out for them, they are learning how to be disciplined and that you can do things now to better your future. I think it's great.
And I certainly am not asking you to tone it down. Blast Shiba all you want as long as you are doing so in good faith and not just spreading lies about it. I think most of us here probably have been burned by penny stock scams and the Ihub board didn't help that. So I can understand you being skeptical of what you perceive as cheer leading.
The reason why I reached out to you is not because I'm upset with you in any way, it's just that I disagree with you. I think there is a lot more to Shiba Inu than just the Playside connection. I also agree with you that crypto differs from stock because it's money, but I don't think it differs as much as you think it does.
I tend to agree with Mr. Wonderful (Kevin O'Leary) who says that you have to view these cryptos as software companies, because that's what they are. It's the blockchain part of it that is the differentiating factor. And what is that difference? Record keeping, speed of transactions, and being able to use your currency anywhere in the world. If there weren't these additional benefits, what would be the point of switching off of fiat currency?
These software companies can make money off of these additional benefits off the currency, especially if you consider Metaverse and gaming platforms. It's this opportunity to make revenue as well, that makes this type of currency way better than fiat currency. Especially when you consider they can be deflationary rather than inflationary.
So, when you consider the revenue aspect of it, these cryptos are more like stocks than people say. As with any investment you need to be careful, and don't hesitate to bitch about something if you've got a bone to pick with them about it.
As for the people compaining about the burning and it's not enough. The burn portal is just the beginning. We all know that Shibarium is coming. Shibarium, the Metaverse, and playside games up and running will be when the burning will be really ramped up. There's so many Shib in circulation that the burning is not going to have an impact right away. You have to look at it in percentages. If you have a 100,000 tokens in supply and you burn 10, you've only burned a small percentage of 1 percent. But as the supply decreases and you get down to only 1,000 tokens and you burn 10 then you will have burned 1% of the supply. As the total supply gets reduced, each burn will have more and more of an impact
So don't be discouraged when these burns on the burn portal don't show any impact on the price of Shib. It will take a while, but one day the stars will align and everything will come together and we will take off and we will be like "the fun bunch (The old Washington Redskins)" Oh sorry, I forgot that I can't say redskins anymore.
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