I come from from a long line of bitcoin miners. My ancestors were all bitcoin miners. My father, grandfather, and great grandfather were all bitcoin miners. It was dangerous work. Deaths in the mines were all too common. My grandfather died in a bitcoin mining accident in 1961.
I remember that, as a child in the 1960's, everybody in the community relied on the mining income. It's the only work there was back then.
We were pretty poor. Bitcoin wasn't worth much, not like today. On the other hand they were much more plentiful and easier to find. When I was a child, a block of 50 bitcoins wasn't hard to find. Those bitcoins could feed an entire family for a week. Sometimes my dad would find two blocks in a week. When that happened we would get to eat meat on a Sunday. But there were also the weeks when he didn't find any, and we would go hungry.
I remember him once coming home pretty happy. He had found a hard fork. He gave us all a big kiss and then handed my mum a big bundle of bitcoin cash. She took us all out for a treat in the movies.
It wasn't a steady income. You never knew if you were going to find any bitcoin. To smooth out the ups and downs my dad eventually joined a mining pool which shared the results amongst its members. It didn't last long. The difficulty was constantly going up and the rewards became less and less.
As I said, it was hard and gruelling work. They didn't use nice clean electricity like they do today. It was hard and dirty work involving sweat and blood.
If you want to know the real meaning of "proof of work", just imagine my father when he came home after a gruelling day down a bitcoin mine. You knew where he had been. The proof was everywhere. His skin and clothes were covered in bitcoin dust. The whole house used to stink of it. I think it was what killed him He was probably constantly inhaling bitcoin dust into his blockchain.
If my father was still alive today, I wonder what he would say, on learning that bitcoin is now worth thousands of dollars.
Anyway, sorry for the above. I do realise that this is not about bitcoin, but rather about moonshots. So here is my prediction of an exciting moonshot. My moonshot crypto is the GET Protocol token ($GET). It's a crypto with a deflationary supply.
It's also a low cap coin, below $45 million, which means it could easily do 10x.
GET solves the scalping problem which plagues the ticket industry, particularly for pop concerts. Despite Covid's lockdowns, and 99% cancellation of events, there are still around 1000 tickets sold every day. In total 600k blockchain tickets have been sold using the GET protocol
Why do I think GET will go to the moon? Simple. There will be more pop concerts once lockdown finishes. That means more demand from ticket issuers and more GET will be burned.
What are the benefits for the venues and artists?
> The ability to dynamically set the price of their event's tickets
> Extra interaction with ticket holders through their phone
> Primary and secondary ticketing markets merged
> Increased marketing tools
So what makes this great for us crypto investors?
> $0.34 GET needed for each ticket that is sold, GET is used behind the scenes which drives volume for the GET token.
Even more to come
> NFT Ticketing being implemented which will allow P2P ticket trading in a closed and regulated ecosystem set by event organisers
> Decentralized Event financing through the GET Protocol, allowing artists and organisers to finance events through investors providing GET
$GET is an undiscovered gem, with a working product and a clear usecase. The future looks good for GET.
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