From the crypto crash and the FTX collapse,
We see the fragility of this digital cash.
The arrest of Sam Bankman-Fried,
Makes us question the future, what does it all mean?
Fourteen years since the Satoshi white paper,
Has crypto lived up to its initial promise?
Or has it become just like the banks we scorn,
Unregulated and prone to financial loss?
Many tout the virtues of decentralization,
But with no checks and balances, there's cause for hesitation.
Governments want regulations, that much is clear,
To protect their citizens, to keep the markets fair.
So as we ponder the future of crypto,
We must consider the risks and the pros.
The allure of freedom may be tempting and sweet,
But without proper oversight, it's a risky seat.
The end may not be here just yet,
But the crypto world must learn to play by the rules, you bet.
Only then can we truly see,
The promise of crypto, the future to be.
To call Bitcoins lowly rated,
Buffet was called old and dated.
Crypto lost its kingdom,
Buffet won back wisdom,
What was to be has now fated.
Greed never pays, nor will,
Nor yet triumphs evil,
No cake can swap with daily bread.
_________________________________
Happenings |02.11.2022| Limerick
Poet’s note: Crypto currencies, all the lot, were like communism that promised power to people through decentralization. But it led to power in the hands of a few unfit people. Unregulated money matters lead to unethical practices. ‘What was to be has now fated’ as this ditty says— a lesson for those who plunged into Crypto currencies like blind. But there is no easy money. It is never ‘different this time’, a warning before laughing all the way to bank. No thinking is old-fashioned when it comes to money.
It's happening right in front of our eyes.
We, who live today are right in the middle of it.
Being swept up in the wave breaking on humanities shoreline.
The global brain being born all around us, exponentially expanding, most oblivious of its nature.
Humans all over the globe, every nook and cranny communicating, exchanging ideas like never before. Country boarders being swept away in the torrent of human interaction, human communication. The growth and scope of this phenomenon is in its infancy, growing exponentially.
The global think now in place, instant knowledge, all of what humanity knows now instantly available to everybody. Huge, this is huge and will change everything. Global communities emerging and will continue, decentralization becomes the norm, democracy on a global scale. The "new world order" just not as previously envisioned. Not run by central masters but diffuse globally, impossible to control, humanities global think now moves forward into the future unlike never before.
Princes dart to take cups and cups run away very very fast. Fear not a well trodden cat and bear not a bead or a pillow when journeying across the lands. Knock at wooded glades. Taste the dew from a Moulton cup and throw two hundred buds into the sky. This will surely be worthy of classical clapping. Geese attend opera houses and listen very attentively to the performance of heifers and bulls who twirl with arias to thrill the crowds. Organising a creature is not clever. And dusting should only ever be carried out in a mile long queue. It gives great pleasure to greet distinguished guests at a banquet of vegetables. Unseen underneath undergrowth uniquely unified. Tailored not. Trained not. Tempering not. And noted are the teaspoons travelling like nomads over the bridges. Headstone head heading home. Radiantly watching a nine foot mineralised rugby ball smiling on a train. Hahahaha and now a dance for the floors and ceilings. Hahahaha rapidisation raiding radios racing. Hahahaha decentralization decorated dogs. Hexagonal oxen. Xx philosophically z
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