I've been thinking over the last week or so about how I view BURST, BurstCoin, BURST's Decentralize Autonomous Organization, where and how each entity fits in with one another.
In order for a community to have value, and especially in a thriving community, history shows that money must change hands within its community 12-10 times before leaving the community. Imagine if you took your paycheck on Friday, went to the bank and spent
90% of that paycheck outside of your community. How would your community look if most of the people residing within it did this (money exodus). You only have to Look at economically depressed cities wherein the inhabitants get paid and then rush out to the suburban malls and shopped until they dropped, visited the big movies complexes, brought groceries not from the local grocery store and spent on remaining 10% of what was leftover of that paycheck where they actually lived.
One of the key factors which will facilitate the growth of Burst is that we create the infrastructure that will allow Miners, Investors, and others to reinvest their investment(s) i.e. Burst Coins back into the community of Burst and at the same time offer them a decent Return On Investment (ROI). Currently our Market Capitalization is low because it looks like those who hold massive amounts of Burst are dumping it from it, verse holding it AND re-investing it back into the BURST community.
I will say this, we have some really GREAT Assets in the Assets Exchange. Most of them are managed by Crowetic. It would be nice to also see other Investors come aboard who too are credible and will do the same and provide an excellent place to park their BurstCoins into a profit generating/residual producing income Assets. As a Professional Forex Trader I am looking to do just that, as I have a proven track record when it comes to trading Spot Forex Currency.
Another sweet opportunity that will help increase BURST's Market Capitalization is to commit or shall I say make a commitment to yourself to purchase BURST on an automatic (weekly, monthly) purchase plan. It's not difficult to do that. You'll simply commit to a figure like "I will purchase $30 of Burst each month on the 30th of the Month". You'll do this each and every month no matter what the price of BURST is." Think of it in this manager, you are paying yourself first. Or you might do what I do and invest 15% of my profits in passive income producing investments. Whatever you do, do it with a commitment and religiously each and every time-frame without fail. Everyone has bills, there's no doubt about that. However, the first bill you should be paying each month is YOUR bill. Pay yourself first, before you pay anyone or anything. If you do that I promise you within 1-5 years you're going to be so far ahead of the financial game, it's going to blow your mind.
It reminds me of the book "
The Richest Man in Babylon" wherein it teaches you to take your Silver and turn it into Gold! Currency should not sit idle, it must be put into the system to grow the economy. The same holds true with BURST. Ensure that you are generating some residual income off of your BURST holdings. This will help to increase our Market Capitalization.
Now you and I don't have control over what other people do with their BURSTCoins, but we do have control over what "We" (individually) do with our BURSTCoins. Isn't it time you start to turn your Silver into Gold?
