As Meltem Demirors so gracefully put it, "Tech that changes industries and markets doesn't get built overnight. There are fits, starts, and failures." Obviously, this market is throwing a fit.
The market conditions shouldn't affect our attitudes or how we build.
Refusing to engage in "Price talk" doesn't mean we can, or should, ignore the swings of the market.
As we saw in 2017, the bull market garnered previously-unseen hype, which led to new, inexperienced users entering the space en masse.
Building for the short term was prioritized over the long term.
The market's ambitious upswing wasn't tied to the technology and experience being delivered.
The market is questioning how "Decentralized" applies to a world beyond us cypherpunks and early adopters.
Reacting to new users and irrational exuberance is a different ball game than building products that break down the barriers of cryptocurrencies.
Many point to the dot-com bubble when analyzing the cryptocurrency markets in 2017.
What we are building cannot be measured in months or judged by the hype cycles.
Building for Bulls, Bears, and the Crypto Revolution
gepubliceerd op Dec 27, 2018
by Coindesk | gepubliceerd op Coinage
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