Instead of getting to bed early like I had planned last night, I stayed up and traded just a little on HIVE. It really was just a little though, because I am too greedy, or too attached to HIVE to let it go cheap - even if buying it and more back. Over the many years of this and the cost of wanting more, you'd think I'd have learnt by now, but no, I am still too attached, still making stupid decisions.
Will I ever learn?
Unlikely. But it was fun to watch charts again after a long hiatus (for the most part) and to see HIVE moving against the stream, picking up some decent gains. It was also pleasing to see my account value move into triple digits again in comparative value against the dollar. I say comparative value because I haven't made more HIVE, but it is worth more in dollars.
I want to increase crypto. Not fiat.
Of course, increasing crypto is easy with all the shot coins our there, but the value of the numbers needs to be tied to something real, goods and services. What can I do with it? what can I buy with it? How does it affect my life?
People often forget that money itself is meaningless unless the economic activity is tied to human experience in some way. It doesn't matter what the numbers are, if the human experience is shit. But, we live in a world that incentivizes the collection of numbers by reducing the wellbeing of the masses. It might not be intentional, but that is the outcome of how we organize the current economy.
However, while I want to increase my digital crypto holdings, I also live in a world that is predominantly tied to fiat currencies, which means I have to operate in both worlds, with a foot in each. I have never been a gambler on card games or horses, but I do feel that I am playing a pretty big hand in crypto, hoping that my horse comes in. But, unlike a big score, I am betting on a long-term win, one that benefits everyone.
I don't think it is good enough to be wealthy monetarily, because it is just the number component of the equation. While idealistic, I still think, how the wealth is made matters. In my opinion, a healthier economy is one where the generation of wealth is tied to the wellbeing of humans, where the majority of people are continually improving. Where the most profitable businesses, are those that do good for humankind. Wellbeing of humanity shouldn't be an afterthought, it should be at the core of all of our activities.
As said, idealistic.
But I don't think it is "too far fetched" if we consider that we are entering into a period of life where we are going to have many tools that are going to replace what we do now. Perhaps, what we will realize is that a lot of what we are currently doing, doesn't actually help us a species, so making it more efficient and optimized, just doesn't help us faster and cheaper. When the majority of us are out of work, replaced by a robot, what will we demand?
Better conditions?
Perhaps, rather than waiting until we are in poor conditions as a species and struggling to survive, we should consider the economic models we use, and how and what businesses create. It shouldn't be that hard, but it is going to be terribly inconvenient. And unfortunately, most of us put convenience above all else - even our own wellbeing.
Gold horses don't win the race.
Taraz
[ Gen1: Hive ]