Hey Jessindependant thinkers
The older I get, the more cynical I become and what never ceases to amaze me is how quick we are to believe anything that comes out of someone's mouth with a title and a suit. Our ability to do critical thinking, to be cautiously sceptic, to be willing to research, to be ready to learn various points of view, to be able to use deduction and reason is tossed out the window.
Laziness has made us submissive; convenience has made us submissive; privilege has made us submissive. I often talk about how the system is rigged and how to view what they tell you and try to sell you, but you're not a victim of the system, you're a victim of yourself.
You need to save yourself, from yourself first, before you can save yourself from these systems. We all talk about freedom, financial freedom, freedom of speech, location freedom, but do we want it? No, we want it given to us by divine right, we don't want to work to get those freedoms, nor do we want to work to keep those freedoms.
But freedom is a right
How can I say that? The fact that you give your ability to be free away so freely. The fact that you are so quick to take your value from your effort and give it to Apple or Nike or whatever brand to make yourself feel better, to attain some hollow convenience or boost your prestige or self-esteem shows me you don't value freedom.
To save yourself, you need savings!
If you don't have savings you don't have a say, storing as much of your value is a way for you to build negotiating power, to make better decisions, to take advantage of certain situations. We talk about proof of stake in blockchain, but we've had it in life for so long, and we never used it effectively.
If you don't have savings, you don't make decisions; you take directions from those that do.
Image source: - reed.co.uk
If you don't have savings you probably all into the majority
Wage slaves
Probably the best of technology of the bunch is the wage slave, that can live from paycheque to paycheque, while it may seem dire most people live like this, but it still allows you to save should you cut out certain expenses. It may seem hard, but that's what they want you to think, to close off your window of opportunity, to reject savings and stay on tethered to your wages forever.
Debt dependant
Next, we have those that are in the whole for a penny or a pound. They've sold their potential labour for loans or mortgages, buying things they cannot afford and something that loses value. They're paying a premium for the access to the capital to hang themselves and are now stuck paying off debt with nowhere else to go.
Each year that goes by sees them miss out on an opportunity to save or take risks or advantage of their income because it has to go to servicing debt on a decision they made years ago.
Government grovellers
Finally, we have those that don't live off their own steam or value, and those are the ones that either work for the government or get subsidies from the government. Their entire livelihood relies on this system, and they are going to protect the hand that feeds them despite it punishing everyone around them and even themselves.
The freedom delusion
I know you feel it may not be worth it, but every fortune has to start somewhere. Starting to save, gives you the chance to diversify, to diversity means you get an opportunity for more significant upside, the bigger the upside, the more value you attain. We all have a price that we feel will bring us the freedoms we want, some are higher than others, but having zero or less than zero is not freedom, despite your civil liberties.
Who is going to stand up to any establishment when they're already bought and paid for with wage or debt noose around their necks? Very few, I would imagine.
Have your say
What do you good people of HIVE think? Did you think the volatility aspect was planned from the beginning?
So have at it my Jessies! If you don't have something to comment, comment "I am a Jessie."
Let's connect
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I reblogged your post, hope that's good. You have a good write up there. It is very informative, mesmerising and at the same thing thought provoking. This is what some find too intricate to do.
Appreciate you getting the message out there, I think it's important to let people know they can start small and that they have the ability to reclaim power and freedom from institutions
You must be ancient then because you're one cynical bastard haha!
I've put my savings in a couple of places, 1/3 crypto, 2/3 wanting to buy my own place as I want to have a my own place to set up a music studio. My outgoings on other non essentials is pretty minimal and monitored strictly in a spreadsheet. Going to be moving my steem out to BTC and Hive most likely and we'll see where this ship takes us.
Would love to own 1 BTC outright - my ledger nano S is becoming my new savings account haha
LOL I’m a dinosaur by cynicism standards! I remain wishfully optimistic that I can still save my own ass though
I’m right their with you man keeping it to a minimal and checking off every penny! I’m also going to move some steem to BTC and buy a few bits and bobs nothing big though
With everything going to shit I’m more trying to minimize downside than make gains
I’m waiting for my nano to be delivered after the lock down lol or I’ll have to make paper wallets! I’d also love one BTC, let’s hope we both get there
Ah you're pretty savvy so I think you'll be OK, that cynicism will help lol!
Yeah, trying to cut losses is the new gains at the moment hey!
You'll love the Nano, it was the first thing I bought when I got into crypto as I had a paper wallet and though... I'm going to lose that for sure haha! I'm rooting for us to be whole coiners!
Ooooh now you making it even harder for me to wait, which Nano did you get? I want to be a Nano boy too! Walking in like nano boys are in the building! I got my entire life savings in my pocket lol
Haha, I got the Ledger Nano S but heard there was a bluetooth version connecting to a mobile app so I'm the dinosaur now with a USB cable! Let's start getting some Ledger stash as well, fan boy it up 😆
Save your money etc then the gov changes the rules or puts things into effect like Corona virus stuff and you can be wiped out just like that😠
Yeah that is so true but at least if you have savings you can react by buying gold or crypto or starting a business or buying one for cheap when this is over! I guess for most of us it won’t be how much we have left but the fact that we have some puts you in the minority and gives you the opportunity to do something, that and having a skill that people will always pay to get access to
Yes though what about people that just started a business and put a lot of money into and thanks to gov they are shut done from over reacting to a virus.
I didn’t think of that situation but that’s a very good point and those people probably don’t have any type of insurance because they made a bet on things staying as they are! To be honest I think their will be a lot of deaths just for the life insurance payouts as horrible as that sounds
Yes very likely unfortunately that this will probably drive people to do the unthinkable to themselves ☹️
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Great posting
Thanks!