"Nothing in the world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence & determination alone are omnipotent."
Calvin Coolidge
30th U.S. President
Cycles are interesting in that they have zero regard for reality. Vs even 1 year ago Flare is in an inconceivably better utility position. More is coming with Flare 2.0, further expansion of XRPFi, the coming onboarding of meaningful institutional partners (finally), FSA is working to abstract away complexity, FIRE and FIP16 change the token economics for the (vastly) better. And those are just the things that we can discuss publicly. Almost everything we have set out to do is being done (barring adding more FAssets - in the works) and by and large it’s working.
But if you look at the whole crypto market you would think the whole industry is finished - despite more institutional interest and greater clarity than ever before.
Unfortunately cycles are a fact of life, even Amazon had a 94% peak to trough drawdown when the .com cycle burst - but the internet didn’t go away nor did Amazon and neither will crypto and certainly not Flare - which presents more utility than almost anything else in the market.
Every cycle teaches the same lesson, and every time we forget it: near the bottom it always feels like the end, but it never is.
I believe that we're closer to the turn than the mood would have you believe. The roadmap ahead is the thing we're here for. At Flare we trust in the process to ship great product - knowing that is the only true path to winning. Flare will emerge from this brutal winter fighting fit and offering more than ever for the next cycle.
In a world full of men chasing women, drugs and sex, be the man who is busy fixing his finances, body, mind, and a strong relationship with God.
Trust me, You'll go far in life.
To whoever needs to see this, don’t give up.
Your life is worth living.
Your dreams are worth pursuing.
Your hard work will pay off.
Trust God and don’t quit.
@lsferguson They have given everything they own to online scamers. Starting to see a connection. They will mortgage their homes for these people. What are they being promised?
@jackunheard They don't care about America. They are selfish and believing that they will be living it up. They will realize they are wrong. Time has a way of revealing everything. Too bad many have to suffer for people's ignorance!
“I will punish the world for its evil, and the wicked for their iniquity. I will put an end to the pomp of the arrogant and lay low the pompous PRIDE of the ruthless.” - Isaiah 13:11
Let’s stop pretending.
Congress isn’t broken, it’s corrupt.
Career politicians get rich, stay in power, and answer to donors while Americans get screwed.
There are 535 seats. We could replace every single one with people who actually love this country and serve the public, not themselves.
We don’t need new laws.
We need new people who actually put America first.