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Everyone could use it

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@tarazkp
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4 min read

What a week!

I am bloody glad this one is over and next week I will be able to jet get back to being very busy instead of insanely busy. Though, it wasn't all bad, a few things went well and I was able to complete a training video that was pushed back in my schedule, but still got it done within project scope. Pretty happy with that - though there might be some more small edits to come early next week.

I was talking to a good friend at work today and someone I have been trying to get into crypto since 2017, but he has never taken the plunge. He finally got Coinbase installed - it has only taken him a year to move on that. However, at least it is something and now he is interested, as more people he knows are getting into the scene.

One thing that he has been constantly saying is, "the price of Bitcoin" and I have been trying to get his thinking out of that. Most people getting in still think this is 2017, where the only way to make gains is to buy and hold til the the price is up, then sell into fiat. Times, they are a changing.

The thing that I have told him so many times though is that he is going to have to opt-in himself, and make his own decisions. Not only because there are risks involved, but also that this is not quite as passive of an investment as most people are used to. It takes learning and none of it is really "set and forget" for long.

After a little bit of an explanation around DeFi and some other aspects in crypto, he is now convinced enough that he is willing to get in and if he has some time, he will visit me on the weekend and I can take him through some more of the details. It is hard to explain without showing, but the office isn't the place to spend time doing that.

I have known him for about 15 years now and he knows what it was like for me over the last years, but I don't think many people can really understand how hard it was. I was saying how that if things go well this year, it could very well be that I never have to think much about working for money again, even though I will choose to work forever.

It is strange to say.

Unimaginable - though I do try to imagine what it would be like to never have to worry about paying the bills or having to move to a credit side of my account to buy groceries. It is amazing that while I haven't benefited personally much from crypto financially yet, it is incredible to think how far I have travelled in a few short years. Incredible. Surreal.

My friend was asking how much I have put in myself and while I have put a fair bit, most of mine has come through writing for Hive and investing into other projects over time. What I think has made the biggest difference though is that I continued pushing as hard as I could to earn fiat in the real world, so that the on-chain work could be used entirely as an investable resource, it was all able to be rolled back in.

What I like about all of this is that while I am limited to a 40-hour week in a job, I can spend 6-12 hours a day, 7 days a week working on blockchain stuff, no matter the time of night. Not only this, now I can also invest into something like CUB finance that adds a multiplier to my work performed, and that is going to run 24 hours a day, 7 days a week as well. How long for, I do not know, but at the moment the opportunity is there and I suspect the future is only going to bring more.

I was saying to my colleague who likely earns a fair bit more than me, what he would have to do for a 10% payrise and what he would be willing to pay for that payrise himself through risk exposure. For him, the amount of extra work he would do still likely wouldn't lead to a 10% jump, but for 5 weeks salary, he could easily get a 100% return on it - effectively giving himself that 10% bump. Not only that, he might very well get much greater gains than that with a little luck and diversity also.

For those who have the investable income available and who are willing for a little risk exposure, financially, it is a no-brainer entry into the market. But it is what the market is that should be the real exciting thing for people who care, because participation helps develop an industry that has the potential to make our world fundamentally better, by distributing ownership and increasing the spread of value generation enormously.

It might seem far-fetched to believe that the world could be profoundly better through a change in the economy, but before I had any idea about this industry at all, it seemed far fetched to think that before I turn 45 (three years away), I might never have to concern myself with money again. I am far from that point perhaps, or at least I feel I am far from it, but the potential is certainly there.

Potential.

This is what life is about. Without it, there is no possibility.

Everyone has it. Not everyone uses it.

Taraz [ Gen1: Hive ]

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