Anatha founder addresses concerns around energy consumption, asset volatility

cointelegraph.com:

Cryptocurrencies represent significant potential for their ability to equalize the playing field. With this form of digital asset, anyone, regardless of their place of birth, has equal rights to participate in the financial market. 

Unfortunately, the ones that are believed to use these assets the most are coincidentally those who have the least heard voice when it comes to sharing their benefits, a reality since many of the ones in this target group live in developing nations. Therefore, with a system designed properly, the world might achieve tremendous wealth, effectively wiping out all the poverty we see today. The resulting question is who will be willing to participate in this fundamental change and what is holding the rest of the population back from following their lead.

In a recent AMA, Cointelegraph sat down with Edward (Ed) DeLeon, a crypto economist, early Bitcoin investor and the CEO and founder of Anatha, a blockchain technology company, to discuss some of the most common drivers of fear, uncertainty and doubt (FUD) in the market today, rationalizing through some of these misconceptions.

Ed sets the stage with a brief introduction to the fear-induced misconceptions he often comes across in the projects he participates in by stating that "crypto is a new form of money, and you shouldn't be entering into it thinking how do I make more U.S. dollars. Doing so would be a bit like investing in a light bulb and saying, "Wow, this light bulb was so amazing I could use oil-burning lamps more."

Ultimately, "you're trying to look at new technology from the perspective of the old." In reality, that is one of the biggest mistakes people make today.

Many became fearful of a cryptocurrency market downturn when Elon Musk, a