Bubbles of Gold and Sold

As I haven't missed a day posting in five years, it means that I haven't had a weekend "off" in that time either, which is kind of strange, as it doesn't feel like it has been that difficult to do.

Of course, this isn't work in respects to a normal job and one of the things I love about it is, I can work when I want and how I choose. Sure, the "how I choose" is going to come with various consequences, but still, every thing we do has an effect, whether we like the outcome or not.

My wife doesn't really understand what is going on here and she doesn't fully understand what it takes to keep everything running. This is common in a relationship, isn't it?

For example, the car remotes both had the batteries dying (the car warns) and I asked her to look in the book at which size battery and how to open them. This was a couple weeks ago and while she checked, all she decided was to take it to a service point and have them do it. Today she noticed I was using the main key and asked if I had had it changed and yes, I did it last week after googlibg it myself. When she asked how it do it, I said, either Google it to find out or don't bother, as she will never change it herself anyway, because either I will do it or, if I am dead, she will get someone else to. This isn't the kind of thing she is actually interested in learning

She knows it. I know it.

But, this is also the problem with all this crypto crap, as it seems too technical for her to get (in her opinion), but it really isn't and, she is going to have to learn at some point. It isn't like changing a battery in the key fob, it is managing personal finances and if you aren't willing to learn how to do this at least partially independently, you are going to have to depend on people who may not have your best interests at heart - like a bank.

A lot of people live in a technological bubble, but an Internet search goes a long way in solving pretty much any problem. There is so much troubleshooting material out there on even the most obscure of technologies, that it is just a question of the right search terms and a little trial and error. However, when it comes to financial troubleshooting, where do you turn?

Where do you learn?

How can a relatively uninformed and disinterested person tell the difference between the real shit and bullshit? I shudder to think what the outcome would be of someone unfamiliar just used Google to work out where to invest their money, or my money. But this is what my wife would have to do or, she'd go to the bank and ask them, because you know, financial managers know all.

It isn't the technology that is hard in regards to crypto, it is understanding investment in general, something that most people either have no idea about at all, or palm off to a managed service of some kind. Of course, this isn't their fault as, ain't nobody got time for that...

except for the people who make the time.

There are of course people who realize that they are going to have to actively go out there and do what it takes to get the knowledge, skills, network, relationships and whatever else is required as a resource to get what they want from life. This is contrary to most people unfortunately, as while most do realize the deck is stacked against them, we just aren't that active to discover if there are alternate wats or, develop them ourselves.

I think that it is pretty easy to see from inside Hive from those who have spent the time learning here or, have spent time discussing crypto with non-crypto or crypto skeptics. Have a discussion with them and while they raise many arguments as to why it'll never work, the arguments are not their own, they are from media articles that are outdated, irrelevant or just plain wrong. So, what happens when these kinds of people go out and look for the "right information" to manage their personal finances and investments?

They get taken for a ride.

Sure - we in crypto and on Hive are living in a bubble, but that doesn't mean others are not. There are informational bubbles everywhere and for the most part, we start to believe what we are surrounded by. Yes, we are surrounded by crypto - but everyone else is surrounded by the status quo - the information that they already know is working against them.

Who is the fool?

Is it the one who stays in the bubble that they know doesn't work or, the one who at least introduces new opportunities and therefore, new outcomes? Yeah - I might be a fool, but the better the devil you know approach to finance as someone who isn't currently benefiting from the things as they are, is fooling themselves.

But it feels safer.

We all like certainty, but active investment is always a conscious decision into risk exposure. Passively making the decision to stay "secure" in the status quo however, only gives the illusion of security as over time, the highly likely degradation into a worse position is going to happen. The line is relatively shallow as it is spread over a long period, but it is a steady movement downward and then inevitably - we look for who is to blame.

Check the reflection on the surface of the bubble.

Taraz
[ Gen1: Hive ]