Sure, world governments have put us in the most dire debt cycle the world has ever known. 3.5 billion people are still living in such awful financial and social conditions that we can’t even fathom in the western world, and most people living in our developed societies are one paycheck away from being broke, but the road ahead is always open.
The world we live in today is much more convenient than the one our grandfathers and their grandfathers lived in only 50 and 100 years ago, not to mention 2 and 3 centuries ago. The progress made by technological advancement and innovation in all fields has made society, as a whole, much wealthier, but that doesn’t mean that all of us feel it in the same way.
In order to enjoy riches ourselves, we must be part of the moving trend, part of the new world, and removed from the blocked opportunities of the old.
It is quite hard to imagine that any newcomer has a chance of competing with any of the established, traditional banks of the world, such as JP Morgan or Wells Fargo, but there are incredible opportunities with new forms of crypto-banking.
It is inconceivable to comprehend that any one person can open a retail chain today, which will rival Wal-Mart or Target, but it’s very easy to imagine crypto-entrepreneurs helping these behemoth businesses putting their entire inventory on blockchain, thereby making their operations even more efficient and helping the consumer by slashing prices further.
The world is swimming in opportunity at all times, but it is fast to get away from us, if we’re indifferent to it.
In the coming 1-4 years, throughout the planet, we’ll see governments bending over backwards to speed up the process of regulations for cryptocurrencies, ICO’s, and the crypto economy.
Our role, as investors, is to remain flexible and mindful of changes. It’s the only way to avoid major pitfalls and to capitalize on opportunities, which stand out.