Everybody needs money. It is an essential tool to go about our lives. Most would agree that while money has an important role in one's life, it is not what makes life the most interesting. All money is a representation of our abilities, skills, knowledge, and hard work. When these real human possessions converted to some sort of money, only then they may produce a different meaning, then it originally was meant to be. Money is important. But there are much more important things in life.
Money fulfills its purpose best when it is kept in the wallets. When it starts taking up space in hearts and minds where it may not belong to, it has a tendency of interfering with much more meaningful and fruitful properties that we have. To imagine, to learn, to create and innovate are only few among thousands if not millions of activities we can occupy our minds with. To help, to socialize, to discover, to explore, to know and appreciate are only few among thousands if not millions of pursuits we can fill our hearts with.
Sometimes money just serves as a distraction from our true potentials. We have created societies and systems in such a way that chasing after money is a necessity. Quite often we find these systems or guardians of these systems either due to incompetence, lack of interest, or maybe even corrupt intentions fail the very people these systems suppose to serve. This can make not worrying about money and focusing on talents we have, things we love to be engaged in as a waste of time. We have come up with slogans like Time is Money, to emphasize importance of spending time to make money.
At the same time throughout the history and even today we can see those who create art, build products, produced goods, provided services because they have passion in the professions they are engaged in are the most successful one. We can also see those who pursue idea with the only goal of making money, fail. Of course the financial motivations and passion in certain field is not completely separate as black and white. In reality we see the mixture of financial interest and doing things we like. Question is which is more prevalent and guides the creative process.
To borrow from Declaration of Independence, everybody has rights to life, liberty and pursuit of happiness. In the conditions we live today, everybody deserves to achieve and maintain personal financial freedoms. Those who are in positions of decision making for many have gone too rogue with deceptive tactics that only serve the financial freedoms of few. We have tools that enable everybody to take their financial affairs into their own control and help reaching the goals of financial freedom. Such tools have arrived in a form of new ideas and technologies like bitcoin, other blockchain projects, efforts in transforming the web.
I intentionally used the word wallet as where money belongs to, rather than bank accounts, safes, pockets, or any traditional way of storing money. By wallet, I mean digital wallets like we have here on Hive. Hive wallet is one of my favorite wallets. I just wish it could also hold other coins as well. Crypto wallets provides tool for people to take true ownership of their assets and have full control over them. They also come with responsibility of keeping the secure.
This technology is here to stay, and will continue improving in coming years. We can utilize them in reaching financial goals, all while also pursuing more meaningful activities in life. In fact these activities bring meaning to not only individuals pursuing them but also those who they are shared with. They are precious. They have value. Blockchain technologies provide opportunities to build financial equities while doing these amazing things we may love to do. Hive is a great of example.
Hive already has shown the world how people from around the world, from all walks of life can engage in the network, sharing their talents and also be rewarded financially. It has proven that communities can be built that can eventually become self-sustaining and supporting the collective ideas of the community without relying to any central authorities or being subject for deception. Hopefully, this trend will continue, web three or web free efforts continue to grow and bring more amazing tools and opportunities to people. Hive is a leader in this space and hopefully it will continue to be and become much bigger than we ever thought. Possibilities are limitless.
Relying on central banks to guard the financial systems, relying on governments to protect and grow the economies doesn't seem to be the best way in achieving the financial freedoms people deserve. They have proven to do more damage than good. Regardless whose faults it may be, maybe it is not anybody's fault, the inflation of all world fiat currencies has been going crazy as of late. It doesn't matter which numbers from what sources you use. All that matters is, how purchasing powers have declined in an individual level. How all the things going on in the world, affected your wallets and ability to pay the bills.
Those who I have talked to so far, have all expressed that they have felt the inflation, expenses went up and income stayed the same. By my estimate real inflation is around 15%-20%. Try to tell that to your boss and ask for a raise. Most likely the answer will be, oh the company has been hurting too due to the pandemic and things. Sure we will give you 2% raise. Lol. But there are ways to get decent raises too. My point is, financial systems are in trouble, governments have lost they ways of fiscal responsibility, corporations are as greedy as ever if not more. There are so many things that are out of control. But also there are things we can control. We can control where we keep our assets. We can control where we keep our data. We can control where we build our social presence. We can control our ability to implement new technologies that actually help us in building financial stability and contribute in building better systems.
Keep your money in your wallets, where you are the only one who has full control over them. And use your talents, skills, knowledge and experiences in building and increase the financial equities in these wallets. Not a financial advice. Just a thought. What do you think? Where does your money belong to?