For all their increasing market capitalizations, and the unending stream of applications, neither Bitcoin nor any other crypto-currency has yet achieved universal acceptance as money. This is not the case for crypto-currencies. Yes, there’s back and forth about the value of currencies relative to one another (i.e., the US Dollar compared to every other currency) but we don’t doubt the use of fiat money itself - as long as it convertible into a form of money that we want. With a few exceptions, the world accepts all fiat currencies. We accept the US Dollar, we accept the Euro, we accept RMB, we accept the Yen. We know that money facilitates the exchange of goods and services because it is universally accepted as the means by which those exchanges are made. Rather, let’s focus for a brief moment on the Roman poet Virgil (19 B.C.) who said, in the Aeneid, “audentis fortuna iuvat” which we can translate as “fortune favors the bold.” Hold (and not HODL) that thought for a minute and let’s bring that idea to money in general and crypto-investing in specific. Let’s just take a step back and think for a bit. And, let’s put away our Hp-12C’s, that financial calculator of choice for the old guard, or any other calculator for that matter. Perhaps it’s time to take a break from thinking about block-chains, stable coins, meme coins, NFT’s, transaction speeds, wallets, exchanges, security, private keys, China, the US Federal Reserve, Hillary Clinton, electricity consumption and Elon Musk. Not everyone at DDI wants to read about crypto-currency all the time.

Fortune favors the brave cro