Crypto

Update: This is an archived record of the Crypto Policy Vote. The updated vote can be found on the Policy Votes page (look for the one with the active countdown).

My position on cryptocurrency was put to a vote in September of 2019 and it was decided I would be "Interested: KmikeyM is fascinated by the promise of crypto but has a wait and see approach regarding the implementation because involvement requires a high technical understanding and few safeguards. He would not advise anyone to invest more than a token amount."

A lot has changed since then and using Policy Votes we can have a more adaptable view on the issue.

[Pioneering] KmikeyM is a crypto advocate and believes that the tokenization of physical and digital assets will be the gateway to unlocking new microcosms of value for citizens everywhere. KmikeyM looks forward to exploring options for a working crypto solution to his own market.

[Positive] KmikeyM is a crypto enthusiast and believes cryptocurrency is an exciting new wave of financial innovation. He holds a number of positions in various projects and expects crypto investing will outperform the regular markets.

[Hopeful] KmikeyM is optimistic about crypto and enjoys collecting and holding tokens as a way to participate. He encourages people to get involved and believes the crypto “killer app” is just around the corner.

[Greedy] KmikeyM feels like investing in cryptocurrency can be a lucrative opportunity, but does not believe crypto is a long lasting mainstream happening. KmikeyM will invest to make profit, but holds no ideological belief about the technology.

[Interested] KmikeyM is fascinated by the promise of crypto but has a wait and see approach regarding the implementation because involvement requires a high technical understanding and few safeguards. He would not advise anyone to invest more than a token amount.

[Skeptical] KmikeyM believes that crypto is an interesting idea, but is skeptical of mainstream adoption and wouldn’t advise participation beyond entertainment purposes.

[Negative] KmikeyM sees crypto enthusiasm as another in a long line of technical utopian dreams of Ayn Randian thinkers who will no doubt end up very rich causing great harm to society.

[Anti] KmikeyM sees crypto as nothing but a form of unregulated gambling designed by swindlers and con artists as another way to separate a fool from their money.

    Votes

  • 0% Pioneering
  • 5% Positive
  • 6% Hopeful
  • 0% Greedy
  • 27% Interested
  • 70% Skeptical
  • 38% Negative
  • 1% Anti
  • 0% No Opinion (Abstain)

24 users voted with 2417 shares


Comments

  • garyson0315 [ 4 ]

    Btw what would happen in the event of an liquidation of the project, ie, when KmikeyM sadly passes away? Are we in the estate? Just curious!