The winds are shifting. | BitcoinSachs
The winds are shifting. | BitcoinSachsI was told today, “times have changed and you should adapt. ” В I know what they meant, but that phrase kind of stuck with me today of all the things said as I went about my day. В It’s actually a fairly valid statement. В Times have changed. В Maybe I am holding on to a certain time and place where I felt like crypto was revolutionary, something of a marvel, with infinite possibilities. В Back when the people who were here wanted to do something grand. В They wanted to build crypto skyscrapers, they wanted to change the world. The conversations weren’t about coin prices, and speculation. В The conversations were about concepts, ideas, and theory. В The conversations were deep, passionate, and intelligent. В Times have changed. В Perhaps it was destined to, but I hold on to what was. There was a time when you would post an idea, a concept, a business, some code and as a community people would come out of the woodwork to help. В No one asked for money. В No one expected payment, IPO, coins, or special considerations. В The people wanted to do something great. В Something worth more than money, they wanted to do something important. В Those days are about over. В Now, everyone sticks their hand out wanting money whether they deserve it or are even qualified. В It’s now the day of the quick dollar, the easy mark, and the infinite pump. В The only way to get people to work (generalization about the entire cryptosphere) is with payment as no one is interested in doing something important. В It’s no longer a hobby, it’s no longer passion, now it’s about greed. I think it might be time to talk about my values and motivations. I am not overly motivated by money. В I have had some really lucrative offers put in front of me in the last six months. В I have had opportunities to trade on information given to me privately and I have passed on doing so. В I have had all sorts of opportunities to get in on pumps, and I have decided to not take part. В When pumpers pushed Zetacoin to $0. 16 I stood to make a very hefty profit. В I held strong. В Some may call me stupid. В I am a man on principle. В I do things only because I believe in them. В I only work with people I respect and value. В I am a very confident and secure man who doesn’t get nervous or antsy because what I say is unpopular. В I value being right over being popular. В I respect the people who have made me amazing offers, but it would be unfair for me to take their money. Respect and perspective is important. В Each person deserves respect and sometimes they will do everything in their power to test your resolve. В What I have to remind myself is that I haven’t walked in their shoes. I have no idea what’s going on in their world. В Sometimes, you just need to lose your shit I guess. В I don’t get upset over it. В I am typically concerned about the person’s well-being. В A rational person doesn’t lose their mind no matter what happens over the internet. В It’s most typically a release for something else. Money and greed have a funny way of causing people to lose themselves or their grip of reality. В I read an article not too long back about a guy on Wall Street who quit his million dollar a year job when he realized he had lost his grip. В He was upset his multi-million dollar bonus wasn’t a big as a co-workers. В People become obsessed with more and more. В The consumption and hoarding of it. В It’s sad and a little scary to watch. В You see it today all over crypto. В The hostility across all coin lines is spiking like it did during the Watts riots. В Crypto across the board is down. В Bitcoin keeps falling. В People are over invested, didn’t pull out soon enough. В Perhaps their wife or husband is upset they have lost money. В Perhaps students have financial aid invested. В Money makes people irrational and reactionary. В They become less pragmatic and philosophical. В It cuts people to their core and you get to see a side of them they’d spend a lifetime trying to hide from their friends and family. I don’t know that I am trying to ‘Save the world’ but I am trying to leave my mark on it for the positive. В My concern has never been with the price specifically. В My concern has been since October to build infrastructure, products and services. В I am thrilled with our progress! В We have hotels, restaurants, bars, law firms, retail shops, and commercial businesses lined up to take Zetacoin across four continents. В Our app is still being debugged but that’s fine. В We’re plugging away. В We’ve restructured our group to be more streamlined and open. В We have a flat structure where we are all empowered to be leaders. В I am the leader, but so is everyone else who decides to take on a project. В I have never made any deviation from what we were going to do or where we were headed in 6 months. В I decided in October I could continue sitting on the sidelines as a fan or I could get in the game as a player. В I have nothing to apologize for. В We do the right things every day to leave a positive mark on the world and gain real world use. В It does not happen overnight, and I am okay with that. В I have been telling people for months that what I am doing is a long game. В It takes time. В Bitcoin took 4 years. В Things take time. В Reasonable expectations on a reasonable time frame. We will look back at this era of crypto as the Dark Ages. В Innovation, invention, infrastructure, products and services were stifled by speculators causing havoc with prices and rhetoric. В I made a statement earlier that innovation in coins right now don’t matter. В That statement required more than 140 characters. В Innovation in coins is critical and awesome, but it’s in a time where the most amazing innovation will be touted so long as someone can squeeze profit out, dumped and dismissed leaving the innovation to die in the abyss unless they can muster a community and core unphased by speculators and price movement. В Sure, in time, these innovations and coins may return to prominence but that’s down the road. В Basically, what I am saying is speculators are dominating the market. В The price of a coin has little to do with it’s worth so much as hype and marketing. В I am not suggesting that’s just or right but it seems to be the way it is for better or worse. Speculators tell me all the time they are the life blood of crypto. В We need them. В They are the most critical component. В They over value themselves. В If there is no real world use, and there was nothing in terms of infrastructure, products or services than I suppose that may be true. В However, if you are real world applicable and you’re winning over real business you’ll get what they call adoption from new real world users. В If done properly, they’ll call it mass adoption, and these people will come in and buy the coin to use. В It’s a risky proposition, but I contend if that’s not your end game as a coin dev I don’t know what you’re doing aside from trying to make quick cash. I am not better than anyone else. В I am no worse. В We are all out trying to do what we believe in. В What we believe in may be different than one another, and that’s fine. В I have said this countless times, and I’ll say it again. I don’t believe in profiting at someone else’s expense. В I didn’t sell at $0. 16 because of that, and because I said I wouldn’t. В I don’t get in on insider trading because I don’t believe that’s fair. В I read a long time ago that it doesn’t matter what you do when everyone’s watching you, it matters what you do when no one is watching you. В What standards do you hold yourself up to? В I have constantly badgered because of my righteous tone. В I think that’s funny because to me, it’s not righteous. В It’s just the way things are. В There is the right way and the wrong way. В There is the way I view things and value things and obviously I will state things from my perspective. В I don’t know what exactly people expect? В It’s just funny to me like that. There were a series of tweets late one night where I state that I was going to do market research. В I was going to do some mining, day trading, and probably launch a coin and likely create an altname. В I promise, those tweets exist. В I was serious when I said it, and I meant it. В I think it’s foolhardy to go into a career without knowing all of it as intimately as you can. В It’s also foolhardy to be critical of things you haven’t done yourself. В Candybars, Popecoin, Catholiccoin, et al. В I was toying with creating my own coin. В Some say hypocrisy! В I say, there is value in the process of creating a coin from the beginning. В There is value in asking yourself about the parameters of a coin, how you’d name a coin etc. В I absolutely believe there are too many shitcoins, but on the other hand really at this point, what’s one more? В Particularly for the sake of learning – not to mention any profits were going to charity. В Yep, I am an evil lying bastard! В lol. В I do have an altname. В Many of you know it. I share it with 3 other people. В I am actively engaged in learning about the nuances of mining. В It’s very exciting, and I’ve taken on learning more about the protocol on a deeper level than the surface view I got originally. В I am thrilled with my experience. В I have been daytrading too. В I have been over at MintPal and CryptoRush. В MintPal is exponentially better. В It’s not even close. В I am currently squatting on BELI, COLA, and I have a few blackcoins. В I think I might be holding some Pesetacoin Jebus suggested I purchase. В I spent some time studying orderbooks, and tried to see them in the way that Jeremy or Wonderloopss would. В Very interesting experience. В When I say that I respect these guys, that’s sincere. В You don’t really know what someone is doing until you do it yourself. В It’s involved. В I think they are using IRC, groups, DMs and private chats and colluding to work on certain coins but that’s here nor there. В When it comes to reading an orderbook loopss and Jeremy are very good. В I make no apologies about any of this. В I have nothing to hide from it. В I was absolutely going to do Candybars. В Candybars as a charity coin is a fantastic idea. В I am a huge supporter of HeroNetwork. com, and if I could have an amazing crash course and get a lot of good people who need help the help, it’s a win. В I was asked by my Zetacoin family not to do it for various reasons. В I respect them, and I decided it wasn’t worth it. В I returned the money raised to the rightful owners, and I will cheerlead the people who go and make that happen. It’s my job to constantly learn, experience, and try things. В Call me a hypocrite all you like, but I will always learn new things. В I am also not afraid of anyone. В I went toe to toe with Andreas, Stacy Herbert, Shrem, among others. В I am not afraid of anyone, and I am not particularly afraid of dirt as I will openly admit to things and explain them. В I don’t have a host of secrets. В I am horribly flawed, incredibly human and entirely ordinary in every possible way. В I try to make the most out of the very limited body and mind afforded me. В I will make no apologies for that. В When I talk, write, tweet it’s genuine. В I just say what I think. В 29k subscribers seem to take to it, and I’ve just crossed 4k followers on Twitter. В When we have the exchange up, I will bring my same level of ethics and morals to it, and I will continue stating what I think. В If I think something is a scam, I will state it as such. If I think the Bulls need a real point guard because Derrick Rose is garbage (And he is) I will state that. В If you don’t like it, why are you following me or reading this? В I do not read blogs from people I don’t like or respect nor do I follow people I do not like or respect. So yea. I mean, the times have changed, the winds are shifting. В I believe hard work and patience pays off. I believe you stand for something or you stand for nothing. В I have a vision, and I work every single day to bring it to life. Maybe I am wrong, maybe I am a fool. В Maybe I am right, and maybe a lot of you will be eating a hefty amount of crow. В The beautiful thing about life is time will provide the answer. В Until then, I have work to do. God bless. Joe
