I know it stinks if your coin or token was targeted recently, but the silver lining is that the two biggest cryptocurrencies went mostly unscathed during last week's bloodbath.

I know it's a hard pill to swallow, especially if your bags are in any of the coins or tokens specifically targeted by the Securities and Exchange Commission last week, but if you zoom out, you can clearly see that the two big boy cryptocurrencies more or less went unscathed.

I think this means that although some changes are coming, cryptocurrencies overall are here to stay. Plus, I think a lot of us have forgotten what a cryptocurrency was supposed to do in the first place, which was to replace fiat monies.

I don't think we need the so called "powers that be" to bless our "magic internet money", and we really have to get away from the standard of basing the value of cryptocurrencies on fiat, and we need to start valuing them against other more valuable and stable cryptocurrencies, this way we will no longer have these problems when old wrinkly closed-minded regulators feel like flexing.

The easiest way to do this is to start actually using cryptocurrencies the way they were originally designed to be used, and buy stuff with them. If we create markets, and actually exchange cryptocurrencies for tangible goods, they will discover their own market valuations.

I know it's fun to think of our bags as just things that will make us more fiat someday during that next unicorn slash bull run, but maybe we're thinking about this all wrong. Take our beloved Moons for example. We trade our valuable time and effort to create quality content, and possibly get paid for it every month in Moons, which in reality designates a true market value for them.

Heck, we can even purchase a membership to this sub-Reddit with our Moons to gain access to awesome flairs and emojis which are fun and useful to us, so boom... value!

Anyway, I really hope we get away from caring about what country passes what regulation in the future pertaining to cryptocurrency as a whole, and we start controlling what the value of cryptocurrencies truly are on our own going forward... the power to do so is all ours.