Hey everyone, it’s Whatever Wednesdays again. I was going to write about the recent pump in crypto recently, but I decided to talk about my “Cardano Blockchain Honolulu Meetup Group” instead.
Cardano Blockchain Honolulu?
Yea. If you didn’t already know, I’m a believer in the Cardano blockchain. I believe in their very ambitious vision. I first heard about Bitcoin back in 2012 or so, but didn’t really believe in it. However, I didn’t have the time to educate myself about it since I was mostly just trying to stay afloat in residency and pass my boards. I didn’t really concern myself with bitcoin (or cryptocurrency) again until a good friend of mine discussed it with me around mid 2017. At that time I did my best to learn about the technology and try to understand what made it so powerful and potentially world-changing.
Unfortunately, in terms of cryptocurrency history, I was way behind. I needed to learn all about Bitcoin and its advantages and disadvantages. From that, I understood why Ethereum was the “next step” in evolution. After this, I was of the belief that cryptocurrency was here to stay and there would be many cryptocurrencies in real world use in the next 10 years.
You can read my article from awhile ago here:
The 4 Pillars of (Crypto Investing) [Gambling]
That was back at the end of 2017. Not much has changed in terms of my overall outlook of the crypto market. It’s still very volatile, very unstable, and very, very risky. However, after much deliberation, the only two cryptocurrencies I believe in long term are Ripple (XRP) – which is now just “XRP”and Cardano (ADA). I believe in them for different reasons, but I’ve tried to break down why I like them in as simple a way as possible — so that it can even be explained by my cute daughter:
XRP and Cardano eh?
Yea. Long story short, I don’t think XRP needs any help from me. They’ve been around for quite awhile and have been doing heavy marketing since the beginning. However, Cardano, while being a top ten cryptocurrency since it was listed on any major exchange. However, I think the majority of the people in cryptocurrency don’t understand the scope/scale or depth that Cardano has.
Charles Hoskinson, CEO of IOHK, which is developing Cardano, in one of his interviews, has said something to the effect of:
“The thing is, we haven’t even started marketing yet. This is all organic. And… I’m actually really good at marketing.”
Charles believes in the strength of a community and the power of the meetup. Word of mouth is very, very powerful — probably even more so in this digital age where you can post one picture on instagram or write one tweet and it can go viral to millions in a few hours.
Since I’m not a developer or a coder and don’t have the technical expertise to help out in that way, I’ve decided my way to help out is to educate. I don’t mean that in a technical way, but a more general way. I’ve tried my best to understand the vision for Cardano and their roadmap. I know what they’re trying to do and how long it will take them to do it. To be honest, Cardano’s roadmap is very daunting, and their technology is very difficult to understand.
My plan is try to simplify things and distill it down to what is important and what makes it special — in a way only a non-technical person could.
So what did you do?
So, I created the Cardano Blockchain Honolulu Meetup Group. I created it according to Cardano’s recommendations. The expectation is that it will be small for awhile, but I hope to pull people from the other Hawaii crypto meetups in and teach them about Cardano. I have a good friend who is also interested, but who is more tech-oriented than me. This means he can code at least a little bit and is interested in learning more. Additionally, he also speaks Japanese, so that may help if/when we have some Japanese Cardano enthusiasts/tourists come visit.
Of course, creating a meetup group isn’t free, but it’s a small price to pay to try to be a part of something special — something I perceive to be world-changing. However, joining my group IS free. So if you’re interested in Cardano, go ahead and join even if you’re not from Hawaii. You can take part in the discussions and be kept aware of what is happening. Also, if you ever happen to be in Hawaii for business or on vacation, check and see whether we’ll be having a meetup that will overlap.
Overall, I guess I like creating building things that end up costing me money, but I believe they will provide future value — although not necessarily monetary value.
I truly believe that Cardano will be world-changing — at least I hope it is.
Apparently I like building things that cost me money — but I believe they will provide future value — although not necessarily monetary value.
Agree? Disagree? Questions, Comments and Suggestions are welcome.
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