The Future of Crypto is So Bright
"It's tough to make predictions, especially about the future."
Is there anything tougher to make predictions about than cryptocurrency? The only thing more volatile than the crypto market is Vince from SHAMWOW’s dating prospects. I think you would be hard pressed to find anything quite as crazy as the market swings when it comes to dog coins and don’t even get me started on all the crazy things that happen with memetokens – you won’t be able to shut me up! Regardless of the complexity and insane swings that are happening at any given time in the crypto-universe, I will still throw my hat in the ring from time to time and give my two cents as far as what I think is going to happen – for better or for worse. Without further ado, here are my predictions for 2022.
1. SHIBA ($SHIB)
The biggest winner in 2022 will be, by far, $SHIB. The gains from its infancy have already been amazing but with all that is in store in the SHIBVERSE I cannot wait to see what they do next. I don’t think any other token or coin has quite the fanatical following that SHIB has cultivated over the past year. I expect SHIBARMY to continue to deliver hot memes and Twitter threads with well over 10k replies well into 2022. And now with the launch of ShibaSwap I expect the value of not only SHIB, but LEASH and BONE as well, to really take off in the coming year. New N.F.T.s that can be interacted with as well as the Artist Incubator will be a huge boon for everyone’s favorite DOGE competitor also. The team is also involved with Amazon Smile, which collects and donates a percentage of your Amazon purchases to be directed to (in this case) the Shiba Inu Rescue Association, which is a non-profit volunteer based organization that helps abused or displaced Shiba Inu dogs find good homes. For those of you who are into things like “math” and are quick to point out what it would take for SHIB to hit a penny, I would say to never underestimate what lengths large mobs of fanbois can go to accomplish their goals. I learned that lesson the hard way years ago when I was working in insurance and failed to buy $DOGE when it was deep sub-penny because of what my colleagues had to say about it.
2. Bitcoin ($BTC)
It’s digital gold, baby. And it’s not going away anytime soon. The biggest factor for Bitcoin’s future in 2022 and beyond will be, and I think this will always be like the Sword of Damocles hanging over it; government F.U.D. From the Chinese government banning Bitcoin mining to India banning it weekly or Russian banks calling for it be a serious offense to even hold or use crypto, we are going to have a rough year ahead of us. And the U.S. government? I can foresee the taxes being leveled on crypto to be so heinous and crippling that it will scare away a lot of the normies who are just beginning to see the power of the blockchain and are starting to invest in it. The S.E.C. (and their bankster owners) are going to cause F.U.D. like there’s no tomorrow (and let’s face it – crypto tech is like a gun going off in their face considering how bad inflation is going to get) and they won’t let up on it either. I think the S.E.C. shitting on crypto is the equivalent of the Post Office trying to destroy the internet back in the 90’s because they’re afraid of losing stamp profits during Christmas card season. Never underestimate the government’s ability to ruin anything that can benefit us plebs, that’s for sure. That being said, I will HODL my Satoshi’s until they pry them from my cold, dead Ledger wallet. If we are forced to endure heavy F.U.D., I can see Bitcoin going as low as sub-10k. If the banksters tell their lapdogs at the regulatory agencies to back off and we get more adoption of BTC (especially at the state level) I can see it going as high as $172,000 each.
3. Cardano ($ADA)
Wife’s boyfriends everywhere can rejoice now that Cardano fanbois can once again buy their own lunch thanks to these fantastic 1.2% gains popping up with the crypto “recovery.” Although I’m sure they will still let their wife’s boyfriends pick up the tab for Mai-Tai’s at Applebees during happy hour while munching a 20 pack of cold nuggies in the back of his Lexus S.U.V. I will have to admit the Cardano Blockchain was a huge disappointment for me in the last year. Flanoswap and Revuto, anyone? I am still shaking my head at the Revuto app roll-out. Why would you release an app that doesn’t even work or do anything? I still can’t get my Revuto tokens and I am at the point where I am just going to throw my hands in the air and give up on it. I was hoping Revuto was going to take the subscription market by storm and leave TrueBill in the dust but it looks its not even worth following at this point. I guess the whales and original fanbois who got in at .20 cents are still enjoying their blistering 5x gains but for the rest of us that listened to the likes of Alex Becker at the beginning of the year, I guess we can draw solace from the fact that our money went to providing Charles some lovely horse-back riding money for his extended vacations.
4. Non-Fungible Tokens (N.F.T.)
This past year was certainly when N.F.T.s came into their own with heavy hitters such as Bored Ape Yacht Club leading the charge. I think in 2022 we are going to move past the “novelty” phase and push straight into the amazing use cases that N.F.T.s are capable of, not the least of which will be online gaming with projects like Pixel Invaderz, Battle of Guardians, and Crypto Kitties to just name a few of the most promising ones. The N.F.T. gaming niche is going to explode because decentralized, immutable assets that live on the blockchain is going to completely revolutionize online gaming to the point where I don’t think anyone in their right mind (or wrong one) will bother with games that do not incorporate the technology. I know that I no longer have any interest in paying $59.99 for a game where I work hard to “own” items or characters that can’t be traded or sold to other players. We are witnessing a huge watershed moment for the industry as a whole and this category will be the one that I stay on top of going forward in 2022.
5. Meta (Facebook Reborn with Occulus Headgear)
There’s been a lot of ‘digital ink’ spilled all over social media in the past year about Mark Zuckerberg’s “metaverse” which, thus far, looks like a sterile 3-D trap that was result of an unholy malt-liquor infused tryst of Roblox and corporate hellhole Zoom meetings. I’ve been watching lots of ‘crypto influencers’ gush on and on about how game-changing and revolutionary Meta is but I get the feeling that its a lot like re-hashed V.R. garbage that’s been peddled since the mid 90’s. I’m not going to bash on it too hard but to me it is shaping up to be another wonderful Facebook failure like Parse, Poke, or Slingshot which have all ended up in the dustbin of tech history. I think what is going to make or break Meta will be how much control big tech exerts over it. If it turns out to be another heavily censored social media playground replete with blocky avatars I don’t think anyone is going to bother with it. I’ve been around long enough (and around the block TWICE) to have seen this “O.M.F.G. this chunky headset is going to help me finally escape my horrible incelexistence through virtual reality” pushed out the door before and it did not impress me then – let alone now. For some reason I can’t stop thinking about when Origin pushed out the Ultima Online 3-D client back around 2001 that my friends and I logged into for a whopping three minutes before going back to the 2-D masterpiece. “New” doesn’t always mean “Good” and sometimes it is just another tragedy that gets foisted upon you because Corporate doesn’t even bother testing it before they are shoving it down your throat because its the “next big thing.” Wasn’t Facebook supposed to launch a cryptocurrency that was going to revolutionize everything and work with Meta? It looks like that has been swept quietly under the rug much like FB’s foray into making an Alexa clone to compete with Amazon.
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Special Shout-Out to The Giving Block
2021 was a big year for crypto philanthropy and 2022 looks like its going to be even bigger! The Giving Block is truly helping to make our world a better place to live by allowing over 1,000 charities to accept crypto donations through their remarkable service. From charities such as ZEROcancer, a charity that fights prostate cancer suffered by men, to foundations that benefit local communities such as the Greater Tacoma Community Foundation, The Giving Block provides a valuable service that we all need to take notice of. Be sure to follow The Giving Block on their Twitter account to see all the good works they are involved in!