Hi fellow Lions,
Today I wanted to admit that I nervously check my stuff regularly!
Checking My Hardware
I'm not rich by any means but damn if I won't admit that I will periodically check my hardware wallet to make sure that my funds aren't gone by being stolen through some type of shady hack or some shit lol.
Paranoia isn't fun! Lol. These days though when we are so sure about the chaos in the world, one of the things that we can do to try and make the future of our lives a little easier is to make investments in a better way so that we can take a little bit of pressure off. Investing in digital assets has been one of the best ways that I've been able to ensure that I am trying to set my family and I up for future stability, whatever that may be, financially. I think that's one of the primary roles of being a father, is trying to do the best you can to improve your life and the life of those who you share a life with and who depend on you.
I think one of the things that we are so accustomed to is the false sense of security when it comes to money. What I mean by this is that we deposit money into a bank account and spend it from there. There is a fair bit of assumption that the money cannot be "lost" though and very little chance of it being stolen by somebody since it's the bank that needs us to trust it. This has allowed us to become a little bit lazy and soft in some ways, though that's not necessarily a bad thing!
With hardware wallets though, it's similar to stuffing money into a mattress of sorts, because it's nearly not as "guaranteed" as it would be if it was in a bank or on an exchange. That only goes so far though, because as we saw what Canada did by freezing the accounts of the citizens they did not like their opinions from, we know that at the end of the day this security and trust in banks is absolutely not warranted in the day and age that we live in. Banking has been directly tied to politics now and that is truly a scary thought..
I think that with digital assets (formerly called cryptocurrency [thanks Task! Lol]) we are able to take some of the power back into our own hands in that we can acquire it, usually through the means of exchanging fiat currency for it, though that itself is a little dubious but we do what we can! There is always going to be a little bit of risk, similar to storing your money at home underneath your mattress or something but this is a risk that we need to take in order to have financial freedom. If we don't wrestle financial freedom back from the powers that shouldn't be, then we are going to get led down a very dangerous and dark path that doesn't end well for billions of people in the world, though millions of people who are involved in cryptocurrency at least.
One of the next steps for me is getting a second hardware wallet and splitting funds between the two so that it's not all stored in the same place. That adds an additional layer of complication of course, because that also means that it's one more thing to have to keep track of and not lose. That's what I'm not entirely prepared for mentally LOL
-CmplXty. Real human written content, never AI.
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