Kale Abrahamson has eight reasons why the cryptocurrency is not dead

Kale Abrahamson has eight reasons why the cryptocurrency is not dead

Introduction At 6’7, Kale found his initial calling in the game of basketball. As a college student, Kale played forward for the Northwestern Wildcats, Drake Bulldogs, and the Duquesne Ducks. When it came time to consider a professional career in the NBA seriously, Kale found that his passion for the game derived from his desire for success. Kale’s competitive nature would eventually transfer over well to his pursuits as an entrepreneur. A famous quote on entrepreneurship from Robert T. Kiyosaki perfectly embodies Kale’s spirit throughout his endeavors: “Entrepreneurs don’t finish when they are tired. They finish when they are done.” As a child, Kale practiced basketball obsessively seven days a week. At the same time, Kale began mowing lawns in 5th grade, making “$1,000s mowing lawns”. Through his determination and resolve, Kale was ranked 135th in the nation by his senior year in high school. After settling on a scholarship at Northwestern University, Kale’s entrepreneurial spirit ensued. From selling wristbands for thousands of dollars to clearing $75,000 selling hoverboards, Kale found that paving his own way toward success was his calling. The following season, Kale broke his hand during an exhibition game. While sitting out throughout 15 games, Kale realized that “When you are working for a basketball coach, those guys own you, and I freaking hated it.” Kale soon found that his true passion was building businesses, not playing basketball. With this in mind and a proven track record of successful companies, Kale launched three firms. These now multi-million dollar businesses include an Amazon FBA COURSE (Nine University), a YouTube Channel (The Kale Show), and a company that helps sellers optimize product listings (Honey Badger Boost). Kale soon found that his true passion was building businesses, not playing basketball, when he ended up making $75,000 in just 42 days by selling hoverboards. With this in mind, Kale launched three businesses: the Kale Show, 2+2 Genesis NFT project, and Honey Badger Boost.

On The Kale Show, Kale shares and explains trends in cryptocurrency to inform and inspire his audience to make smart investments. He provides clear-cut advice to his followers in real-time as per the latest trends in the crypto industry. On The Kale Show, viewers are given first-hand advice about the day’s crypto market, including up-to-date news. The show aims to inform viewers about crypto and grants viewers access to free tips and advice on investing and trading in cryptocurrency. Today, The Kale Show has grown into a media empire with its own NFT collection. He garners over 5 million monthly views and impressions across YouTube, Twitter, and Instagram. His 2+2 Genesis NFT project strives to create utility for its holders and capitalize on the absolute wave of interest in NFTs and crypto.

Cryptocurrency is not dead. I know, you’ve heard it before. But the truth is that cryptocurrency has been going through a turbulent period, and some people say it’s dying or has died already. The thing is, cryptocurrency isn’t just one thing or one technology; there are many different types of digital currency that have very other uses and characteristics. So if you’re wondering whether cryptocurrency is dead or alive—and what exactly makes up this space anyway—read on!

Adoption and growth.

Cryptocurrency is not dead. Adoption and growth are still happening and, in fact, have never been stronger.

Many people who argue that cryptocurrency is dead cite the numbers of HODLers as a reason it’s not growing. However, there’s a lot more to the story than just this number—and the general public has begun to see cryptocurrency in a very different way than it did at its peak in 2017.

The truth is that much of the adoption we’ve seen recently stems from retail businesses accepting crypto payments from their customers. This allows people who use cryptocurrencies but don’t own any altcoins (yet) to put them into use when buying things online or at brick-and-mortar establishments like restaurants and bars. It also means that those who HODL altcoins can spend them by converting their coins back into fiat currency via debit cards linked directly with their crypto wallets.

Different use cases.

  • Cryptocurrency is not just used as a store of value. It has many different uses.
  • Cryptocurrency can be used for payments, smart contracts, and other financial transactions. It is also used for investing and trading in the market.

Ethereum as a platform.

The most important thing to remember about Ethereum is that it is a platform, not just a coin. The Ethereum network allows developers to build decentralized applications and smart contracts, which have become increasingly popular in recent years. The flexibility of this system has allowed for some exciting innovations in the cryptocurrency space, such as gaming DApps like CryptoKitties or EOSBet’s sports betting app.

ICOs and new projects.

An ICO is a way of raising capital for a new cryptocurrency or blockchain project. It’s like an IPO, but you don’t have to be a company with 10 million dollars in revenue and 25 years of history. Unlike IPOs, which are strictly regulated by the government and backed by banks, ICOs are not regulated at all. They’re not backed by governments or banks either – they’re just supported by people who believe in the idea behind the project or want to buy its tokens as an investment (which makes sense because if you’re going to invest in something new and unproven, why not go all out?). In short:

  • ICOs aren’t just unregulated cryptocurrencies; they’re also unregulated fundraising methods

New revenue streams and investment opportunities.

You can make money from cryptocurrency in a variety of ways. Here are the most popular:

  • Investing in cryptocurrencies. If you have money to invest, you can put it into cryptocurrencies like Bitcoin and Ethereum. As long as you have enough knowledge about them and act responsibly, this can be an effective way to make money from crypto trading (more on later).
  • ICOs (Initial Coin Offerings). An ICO is an initial coin offering—just like IPOs in stock markets—which allows companies to raise funds for their projects by selling tokens or coins that give investors access to the company’s platform or service once released publicly. This is one of the easiest ways for non-professionals with little technical knowledge but lots of money to get involved with crypto investments without risking too much capital upfront; however, due diligence should still be done before investing in any new ICO project because there will always be scammers out there looking for easy targets who don’t know what they’re doing yet!
  • Crypto mining has been around since 2009 when Bitcoin was first created by Satoshi Nakamoto. Still, now we see many other currencies like Litecoin (LTC), which allow miners all across the world, including in Africa, where electricity costs less than 0.10 cents per kilowatt hour, making mining profitable enough even though there are no regulations on operations yet except those implemented by governments such as Kenya where citizens must pay taxes when buying equipment used for mining activities such as GPUs/CPUs etcetera – so if anyone wants sustainability then they need EthosOS – The Open Source Operating System For Mining Rig Ownership! EthosOS provides everything needed from start-up until maintenance, including remote management features enabling users complete control over their rigs through the smartphone app interface.”


Bitcoin is the most popular cryptocurrency. Bitcoin has become a household name, and its popularity has led to a surge in interest in other cryptocurrencies.

Bitcoin is the most valuable cryptocurrency. As of October 2019, Bitcoin had a total market cap of $3.06 billion, which makes it the largest cryptocurrency by market cap by far. It also has a daily trading volume of $2 billion, making it one of the most liquid cryptocurrencies.

Bitcoin is the most widely used cryptocurrency. Since 2009 when Bitcoin was introduced as open-source software, thousands of merchants accept payments made using this currency, including places such as Amazon or Dell Computers, where you can purchase goods online with bitcoin or ether (another type of digital currency).

Potential vs. volatility.

Cryptocurrency has been called the most volatile asset in the world, but that doesn’t mean it’s dead.

It may not be a good thing for everyone to invest in cryptocurrencies and other crypto assets, but for those willing to take on risk and see where their investment goes, there are many reasons why the cryptocurrency is not dead.

The road ahead.

Cryptocurrency is still in its infancy. Although it’s already been around for a decade, it will continue to evolve and grow over the next few years. New cryptocurrencies will be launched and have different use cases than Bitcoin and Ethereum do today. As cryptocurrency becomes more widely accepted by businesses and governments, more practical applications for people (and their money) will be available. Cryptocurrencies could become as common as credit cards or cash at some point in the future!

Cryptocurrency has had an exciting year but is not dead yet.

The cryptocurrency market had an exciting year. Many investors have lost faith in digital currency’s viability, but cryptocurrency is not dead yet. In fact, it’s still growing and has many different use cases.

While bitcoin has primarily been used as a payment method for goods and services since its inception in 2009, it is also being used as collateral for loans, financial contracts (for example, futures), and other financial products that can be traded on global markets. The same applies to other cryptocurrencies that have been developed since then—they can be used for any number of things other than just payments or monetary value storage within one’s personal account online.

Some might argue that this means cryptocurrencies don’t have intrinsic value anymore because they’re no longer just used as currency units within their respective networks (or ecosystems) but rather serve multiple purposes depending on what type of token you own; however, this isn’t true either because these tokens have still retained their monetary value when compared against fiat currencies like USD or EURO which are backed by nothing except faith in government institutions who issue them (i.e., Federal Reserve Bank).


Cryptocurrency has had an exciting year but is not dead yet. The market’s price volatility and the many exchange hacks show that there is still much room for improvement in this space. However, despite these challenges, we see many reasons cryptocurrency will continue to grow and thrive in the future.