Is cryptocurrency controlled by a single mathematical equation that predicts if a coin can prosper or fail? This is the question of the year. According to everything we’ve seen and learned over the past year, cryptocurrency seems to go by a different playbook.
While most of us fear large circulations of coins and uncertain market caps, some coins seem to be immune to the restraints of mathematics. Shiba Inu will be the coin to either prove that circulation and market cap are not treated the same in cryptocurrency or math is math. It is a very telling time for the industry, and it will help bring light to issues that are currently being debated all over Twitter.
With regulators here in the United States researching how cryptocurrency will work in banking systems, you can bet, all of these questions will need answers. One has to wonder how regulators will handle and classify certain cryptocurrencies. Will they post warnings as they do on penny stocks? Will they go back to whitepapers, defi ratings, or will they use another method of vetting?
There’s so much we still have to learn about whitepapers, security, rug pulls, blockchains, and the coding behind the currencies. Shib will tell us if cryptocurrency uses the mathematical rules that a lot of analysts are going by. You know, everyday math! I did a little research, and there are very few colleges that offer a degree in cryptocurrency. Some colleges have classes in blockchain technology, maybe even degrees. However, when it comes to using cryptocurrency in a financial system, I think one came up.
This is somewhat concerning when you have people trying to make rules on something that has no playbook. So, one of the ways we learn is by observing. Hopefully, someone is writing all of these cryptocurrencies and the way they move into a book for a degree program. Can Shib get to one cent? That is the question, and it will be the defining factor in how much we know or still do not know about the land of cryptocurrency.
As always, I am not a financial advisor. I am just a fan of crypto.