IPFS troubles and panic on the market, again.

Decentralize everything? Bitshares is now looking to become the best option. Cryptos ON SALE again! While I was quite happy about the brand new dTube and ...

8 years ago, comments: 12, votes: 26, reward: $16.36

Decentralize everything?

Bitshares is now looking to become the best option.

Cryptos ON SALE again!

While I was quite happy about the brand new dTube and dSound applications for Steem, this got tempered a bit lately. Now it might be the internet provider blocking IPFS uploads, or something else going wrong. That even made me install the local IPFS node. Still the browser does not seem to recognise an IP node running. The latest browser software seems to have become very slow anyway these days. Almost as if new hardware is not an option but a must have. It is possible to upload files with the local node to the IPFS network it seems. Anyway, it is great that there are new applications for the Steem publication blockchain network. And maybe more to come that will use IPFS in combination with Steem, we'll see.

In the meantime the next SALE is going on at the cryptocurrency market. And this time it is Russia and China, or so it appears, that caused yet another panic sell. That means Buy The Fogging Dip {BTFD}, but hard to tell when the market hits rock bottom and it is time to buy again. Still it is good to consider that this all might be loaded with a lot of FUD {Fear Uncertanty Doubt}. For me it is still something that can be expected to come. While there are countries that have legalized Bitcoin use, others still look for ways to control it. And if not directly then indirect measurements are being taken. Like prohibitating the exchange between cryptos and money, for instance (as far as China rumours go). To even absurd measurements of making having an Bitcoin account illegal. Now that looks like something that is improbable, very unlikely to happen, so that might just be FUD.

Bitshares Decentralized Exchange.

Even if there is a lot of FUD being spread, just for market price manipulation, some things might become a reality. While some may really be true. Most of them will work for the centralized parts of a system. Because that is where the control is easy to enforce. Then the solution lies in the opposite of centralization, meaning decentralization. So when centralized markets are being shut down, or are locked in, then it might be wise to decentralize them. That is where solutions like the decentralized exchange {DEX} of Bitshares comes in. With cryptos being pegged to money used in countries all over the world. Up to a level where it does not matter anymore to exchange cryptos to money. Maybe even by creating the Mundo, that has a weighted averaged pegg and a steady value, that can be used worldwide. To be offered to humanity as a free choice, an alternative.

It seems that the best way to go for the free and open sourced public blockchains is that of the decentralized path. With maybe one crypto to interchange between all the other ones, the Mundo. To be used for peace and prosperity, all over the world. And in the meantime it might be wise to take a serious look into things like the decentralized exchange {DEX} of Bitshares. Just to keep ones own options open.

Do not know how long the SALE on the cryptocurrency market will go on. But remember only to invest in cryptos what you are willing and able to lose. And your speculation might be as bad or as good as mine.


Keep calm and BTFD {Buy the fogging dip}.

photo 'Schiermonnikoog' cc-by-sa @oaldamster