Crypto is Dead! Long Live the Blockchain!
The crypto market is the new Schrodinger cat. It’s both dead and alive until you open the box. However, unlike Schrodinger’s steel container, cryptocurrency box is the quintessential Pandora’s box of FUDs, FOMOs, and P&Ds.
Dead… Alive… Both?
With cryptocurrencies, perspective is of the essence. One day, your portfolio is charting a course to the moon; the next, it’s south of Hellmouth and you’re holding on for dear life. The house you sold, the job you quit, the friends you dumped, the loan you took — just to get more cryptos. This time next year, they said. This time next year, it will all be Lambos and caviar and a nice slice of the moon.
Then, your portfolio dropped by 10% one day, 25% the next, 33% on the third day, and by the fourth, you are stark raving on social media channels. Where Lambo?! Where moon?! When pump?! Dev dump! Dev scam!
Nobody wants to sell their investment at a loss — at any loss for that matter — unless they know something that the majority don’t know. However, in the crypto market, the reverse is the case. Most people sell, because they don’t understand the technology behind their investment. They heard from a friend of a friend of another friend that the crypto industry grew by 1600% in one year with Bitcoin growing from roughly $700 in the beginning of the year, to close to $20,000. Some cryptos have even grown up to 60,000%!
Much Money! So Impress!!!
Of course, you didn’t hear about the time Bitcoin tumbled from its all-time high of $2000 to $1200 that same year, nor when it free-falled from $6000 to $2500. The thing is, most miss the message about what cryptocurrency is truly about.
What’s The Message?
Centralization of power is the leading cause of inequality — that singular entity standing between what you want, how you want it, how you’ll get it — and when. But what if you could directly exchange values directly with anybody from anywhere in the world instantaneously at the tap of a button? Better yet, what if the every exchange cannot be altered in anyway, reversed, or hijacked by any single authority. And what if the only way to shut it down completely would be to unplug everyone and everything from the internet? This is what blockchain, the technology powering cryptocurrency, is all about. An immutable and decentralized, global public ledger that cannot be owned or control by any authority as acknowledged by J. Christopher Giancarlo, chairman and witness of the CFTC (The Commodity Futures Trading Commision) at the recent US Senate hearing with the SEC (Securities and Exchange Committee)
“As we saw with the development of the Internet, we cannot put the technology genie back in the bottle. Virtual currencies mark a paradigm shift in how we think about payments, traditional financial processes, and engaging in economic activity. Ignoring these developments will not make them go away, nor is it a responsible regulatory response.”
What the FUD?
Know thyself. Know thy crypto.It’s easy to be fooled by all the statistical razzle and dazzle cryptocurrencies have brought to investors. However, the sobering fact remains that only about 30% of cryptocurrency on the market have intrinsic value. The rest are nothing more than speculative cash-grab with nothing to offer to the public.
But what if your crypto investment can actually open up a whole new market where you can instantaneously engage professional workers from anywhere in the world and exchange values with them on-the-fly. What if you can even offer your services on the same platform and get paid for it without jumping through hoops to set up a bank account?
ConnectJob is the answer.
ConnectJob is a mobile-based, decentralized app for connecting highly-skilled jobbers from anywhere in the world to service seekers. Powered by the platform’s unique CJT token, users can hire and be paid for services from any internet-connected, mobile device.
CJT are currently being offered to the public at 2400CJT/ETH with a 12% bonus on every purchase. Contributors can contribute to the sales via Ethereum (ETH). ICO runs from 02/12/2017 to 04/30/2018.