If you read crypto Twitter itās easy to believe that the sky is constantly falling in.Ā The reality is the token/blockchain/cryptocurrency ecosystem has never been in better shape.Ā
Donāt misunderstand what Iām saying here, there well may be a correction in the value of a bunch of tokens/blockchains/cryptocurrenciesĀ - but the depth of the ecosystem is amazing. I still meet some of the smartest people Iāve ever met attacking problems in the chains space. Also, there has never been such large amounts of capital entering the markets. All this bodes well for the future of tokens/blockchains/cryptocurrencies.
Although most are worried about a correction, Iām personally not that concerned. The reality is if youāre pumping a token for luxury cars or sand you probably deserve to be ācorrectedā out of existence. Importantly, I think weāve hit a point where a number of these corrections can occur and they wonāt hurt the velocity of advancement in the space. IMHO, weāve hit a tipping point - on a large number of fronts.
Also, I think 2018 will see some really viable solutions to a range of technical problems - at production scale. The issue will continue to be the vocal minority who want to voice their dissatisfaction with a token/cryptocurrency/chain and how itās managed by the core dev team.Ā
Iāve said it before - let there be forks! If a vocal minority have an issue let them fork and build an alternative that marries with their ethos/purpose/use case/scam.Ā The market is the best arbitrator and in 2018 I think weāll see more forks of big market capĀ tokens.