Ethereum

EYE ON THE PRIZE

Collection

Everydays by 008.eth

Creator

008.eth

Description

There's a lot of distractions - Out there in the world - Market timing, fear, greed, pretty pictures, fomo - Community distractions - But sometimes we should take a step back - And remember the big trends need perspective Today $BTC reached it's 2023 highs - And while in web3 we still call it a bear - The macro - Is anything but - Equities are strong, technology stocks (NASDAQ) up 37% year to date Technology equities increase in log scale - Going back to 1980s ... NASDAQ 100 - Trends higher in log scale, at a consistent compounding rate - Makes sense, technology improves our lives and the companies that create the technology go up over time Bitcoin is Technology - Price increases in log scale - Albeit, it has decelerated from early days growth (2012-2017) And so today ... as yuga assets sell off hard - & most art has few bids, and NFT activity is weak in general - We need to not be overly distracted by what we see on the periphery - Take a step back, and make sure to have an eye on the prize

Traits

Artist

008.eth

Subject

Focus

Platform

p5js

Style

Generative Art

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Token

Contract: 0xBcEA...2639
Token ID: 53

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