State of Affairs 2023

Welcome back.

A bright time, a dark time. Crypto is not easy, but the winter may be over. While the world is still grappling with the aftermath of the pandemic, the financial industry is facing its own reckoning. Banks are failing, and central banks are intentionally pushing them to the brink. In this climate of uncertainty, cryptocurrencies are emerging as a viable alternative to traditional banking systems.

Bitcoin, the world’s first and largest cryptocurrency, decoupled from the stock market for the first time in years. The institutions appeared to have taken control; but the people just made a statement and it is experiencing a surge in adoption. With this rise, it’s more important than ever to take ownership of your crypto assets by owning your own keys to crypto and NFTs. This not only gives you more control over your investments but also provides enhanced security against potential hacks and thefts.

However, the road to true decentralization is not without its challenges. In the USA, the SEC is leading the narrative in attacking and stopping the open and free use of blockchains, casting a shadow of uncertainty over the future of cryptocurrencies. Despite these challenges, there are still rather large launches; such as Optimism, Arbitrum, Canto, or the upcoming zkSync.

Dont be fooled by the news, the manipulation. The introduction of Central Bank Digital Currencies is looming as the solution to pre-planned market collapse. We cannot afford to let the powers that be maintain their stranglehold on our financial future.

Research is key. Discover the validity and decentralization and operating statistics of blockchains. It is time to take control of our financial future and break free from the chains of the past. The world of crypto is waiting, and the time for action is now.

  1. The Blockchain Transparency Institute – https://www.blockchaintransparency.org/ This non-profit research organization is focused on studying the decentralized nature of various blockchain networks, including Bitcoin, Ethereum, and more.
  2. CryptoCompare – https://www.cryptocompare.com/ CryptoCompare provides real-time information on crypto assets, including their decentralization levels. Their decentralization metric is based on several factors such as mining distribution, governance, and consensus mechanism.
  3. Coin Metrics – https://coinmetrics.io/ Coin Metrics is a provider of crypto asset data and research, including analysis of the decentralization of various blockchains.
  4. Messari – https://messari.io/ Messari provides market data, research, and insights on crypto assets, including analysis of decentralization and other factors that impact the industry.
  5. The Token Analyst – https://thetokenanalyst.com/ The Token Analyst provides data and analysis on various blockchain networks, including their decentralization levels.