Abundance Is Not All About Money

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If you were to picture abundance, how would it be? In the biblical sense, where in the garden of Eden Adam and Eve had anything they wanted in abundance, except the forbidden fruit?

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A world where anyone can afford to buy the basic necessities? That's inclusive, but minimalist, and it doesn't say anything about having access to products to buy, even if you can afford them. We were once in this situation here in Romania. Having money to buy but little to buy in stores. I can testify that's not abundance at all.

A world where anyone has access to buy anything, but not everyone has enough to buy with? Hmm, that sounds like capitalism. And it's not abundant across the spectrum either.

A world where anyone has access to buy anything, and anyone has enough money to buy at least the basic necessities. That's better. Maybe that's a combination capitalism + crypto (+ UBI?).

But here are other facets that have nothing to do with money.

Abundance of Information

We have already had a major leap forward during the last two decades with the creation and rise of the internet and then the smart phones. It's not seldom this comparison is made that anyone with a modern smart phone has access to more information than the president of the United States pre-internet age.

But with the abundance of information shared in a centralized manner through a few mediums, the temptation to use it to create or destroy trends, censor and manipulate was so high and we are currently seeing it used in plain sight and without fear of repercussions.

We won't truly be able to feel the benefits of the abundance of information until such practices cannot be imposed at system level, when governance in decentralized systems is given control.

I listened this morning to a recent video of taskmaster about the importance of financial education.

At some point in the video he said something like: "this is why I spend so much time on Leofinance" [because there are things he doesn't know that he learns this way]. I commented this:

It's incredible how much one can learn on LeoFinance (and not only, but your post is about financial education) at no cost but time, and even more, get paid to do it. For various training modules, corporations tie young employees for years to pay them back. This is another facet of the world of abundance.

This is actually the comment which expanded into this post.

Abundance of Software Development

Corporations develop closed source software. Even if they don't want to, they usually don't put enough trust in license protection to open their code up to the world.

At the same time, open source coding grew immensely in the last decade. It is almost a norm in the crypto-verse.

If we talk about the defi space, there are thousands of clones of the successful platforms out there. I actually saw Uniswap is trying to protect itself from cloning the new version by using a different type of licensing. I'm curious how that will work.

If we think of these cases, why would the platforms that first introduce novelty to the market make it open source, if they'll immediately be cloned?

The reason stands in synergy. At one time one platform develop something and it will be incorporated by others, next another will find something else and will improve all and so on. They all grow faster this way.

Plus, there are better chances of bug tracking and fixing in open source software. And there are more contributors, some likely doing it without expecting anything in return.

Abundance at Decision Level

Decentralized systems have a sort of abundance at their decision level, unlike centralized systems. They are generally slower to reach decision (consensus) than centralized systems, but they are safer. And any rotten apple which doesn't follow consensus is eliminated from decision, and can be voted out at any time by stakeholders in POS systems, without waiting for the next term of elections.

If we take Hive for example, compared to political elections and terms. Governance on Hive is assured by the top 20 witnesses (block producers), to which at every round 1 backup witness is added at random.

Every owner of powered up Hive has the right to vote for the governance of the chain. Every account has the possibility to choose up to 30 witnesses to vote for. Maybe a bit too many, but much better than one candidate, as you vote in political elections. Plus you can change your vote at any time, what you can't do in politics once you see they trash it.

Of course, in politics it's almost customary that they'll promise many things and forget all of them once they're elected.

On Hive that's unlikely. It can be tried and I believe it has been, but someone in the end catches you and that means bye-bye your witness position (or your proposal funding, if you were approved).

Conclusion

These are only three different aspects of abundance, other than money. But there are others. We just have to keep an open mind and, probably, leave some old models behind.

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I wonder what's that thing Taskmaster doesn't know.

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I know! Coding! Lol. But he can't find that on LeoFinance, so there must be something else too.

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Not sure what you are referring to.

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At some point in the video he said something like: "this is why I spend so much time on Leofinance" [because there are things he doesn't know that he learns this way]

That. I'd say that we're learning from you and not vice versa

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As he said, nobody knows everything. So everybody keeps learning. Even experts in their domain of expertise (or maybe especially them).

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You hit upon the biggest piece to the puzzle. Abundance is about a lot more than money. That is just a tool, mostly for collaboration. Like the old adage, being a millionaire in the desert while in need of water makes one no better than the next person who is without money.

Both are dying of thirst and money wont change that.

It all comes down to distribution. The present system is awful at distributing resources. For example, we have enough money to feed the world. However, there are still a lot of people starving to death and even more malnourished.

All that you cited is a distribution problem. Hopefully, in addition to monetary resources, we do a lot better with spreading things out. Technologies such as 3D printing and climate controlled farming hold great promise because they can bring needed items (and food) to where they are needed.

This will open up access.

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That is just a tool, mostly for collaboration.

That's a great way to look at money.

It all comes down to distribution. The present system is awful at distributing resources.

Exactly, and a change from within is unlikely. Even if the present system will reform at some point to improve distribution, that only comes because it is being forced to.

Technologies such as 3D printing and climate controlled farming hold great promise

I believe mass 3D printing will have un impact which many don't even begin to imagine.

Forms of more or less rudimentary climate controlled farming already exists for enough time. They do produce effects (although eating fresh tomatoes in the winter seems strange, for example), but it is important to balance quality and quantity. High volumes of low quality products won't help us get too far.

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I think there is many types of abundance and Financial abundance is probably one of the ones we have been thought to think of as the most important, but abundance in health I feel would be more important.

Currently no matter how financially abundant you are it will never be able to keep you alive longer than your time although it could be used to pay for treatments and with advances in technology such as the 3D Bioprinting of human tissue and organs etc this could soon change, but your financial abundance cannot guarantee you will live indefinitely once your time is up.

It is probably best to strive for Abundance is all things obtainable to your personal situation Wealth, Health, Family and knowledge but again this is easier said than done by most.

Unfortunately we are all delt a different hand of cards and must play them according to what is best to our personal situation.

I personally try to put them in order of importance to me, which would be Family, Health, Financial and Knowledge, but that is just my preferred choice, others may think differently of course and many still choose finance above all else.

Hopefully the incoming technological advances combined with crypto and the blockchain will open the door for all to have equal abundance and equity in all things important to sustain life, That would be a nice though...

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Very important domains you've touched on, and I haven't, in my post: family & health. Abundance of information does not guarantee knowledge, but it offers access to it. The rest is up to you, I guess.

I'm not sure how we would define abundance at the family level. Quality time spent with our family instead of chasing gains or working ourselves to death?

Interestingly, these lockdowns offered the majority of people on Earth the possibility to spend more time with their families. From what I heard and read that didn't turn out well, because of the stress induced by the restrictions, the prospect of getting sick or losing the job etc. made things worse.

Health is indeed paramount and the age of abundance in this field already started to show its results. While being wealthy can offer you the chance to better treatments and extend your life for a longer period of time, living as a sick person can sometimes be worse than death itself.

Ah, equal abundance, depends what that entails. If that means everyone HAS equal abundance for doing nothing, I'm not sure we can cope with that as a species. Or if it's possible. We still need some motivation to improve, otherwise most of us will end up being vegetables.

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Yeah it's a tricky subject I guess what one might see as abundance others may see as a necessity and then you will always have some that are not happy and want more than just abundance.

For me personally Abundance in all things is when I have enough of each type of abundance to keep me healthy, happy, fed, watered, wise and with family by my side, finance and knowledge are an important part of making this happen and unfortunately not all can seek equal abundance in the current situation we are in, as those with the wealth to remain out of harms way without needing to work to survive will inevitably do much better off.

I guess each persons Idea of Abundance may also differ as some may not have family, health, wealth or even food and water and this is were cryptocurrencies and the blockchain are starting to make some real headway for people around the globe giving people an opportunity to create some kind of financial abundance through the abundance of knowledge available for those willing to put in the effort and use it.

I love reading these types of articles, they really get you thinking outside the box and questioning your own surroundings and motives for doing what it is that you do.

Thanks for the share, plus I really enjoyed the communication on this, I will look forward to reading more engaging posts like this in the future.

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I love reading these types of articles, they really get you thinking outside the box and questioning your own surroundings and motives for doing what it is that you do.

That was very interesting to me as well. Turns out many people, including here on LeoFinance, are looking at money as just means to improve their lives. Which is the best thing one can hope for, in my opinion.

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Yes Leofinance has opened doors for many people to use their time constructively to earn much needed money and that is great to see and be a part of even if only at the smallest level.

I think most on here have had a rough year some more than others and it is great to see that we can all come together in the hope of improving our lives.

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I think that abundance speaks to many categories as some have touched on. For example we typically measure abundance in today's capitalistic world in gdp. We don't measure how happy people are? Drug use and suicides are on the rise. We don't measure how healthy people are. People earn money but they have big medical issues and health problems in association with these metrics.

So quite a bit goes wanting. Your mention of some form of capitalism and ubi. I felt is getting in the neighborhood. I find it funny people often times don't mention socialism. I'm not saying that socialism is the answer. It's clear in history we've seen some issues with it. The fact of the matter is just about any system can work if the conscious shift of the people in the system are ready, willing and able to implement it. However, i find it interesting it's generally always off the table and demonized and i've found in my experiences. Many times when people wanna stop cold a conversation such as they've done with socialism. I wonder if there is some fear they think people would accept it and do actual quite well in some cases. Just a thought

In any event i think ubi makes probably the most sense today. I think keynes the economist version of capitalism has failed. However the one thing i feel he was correct on was how herd mentality works. How people can have more than enough resources however feel or believe there is scarcity to the point they come full stop. That's been proven to be true. So in this idea of abundance clearly we're not talking like actual metrics to what exist and what does not exist. We're often times speaking politically of what people want to control and allow and what they don't

Here's where things become illogical and many capitalistic ideas face many issues. If you look at something like the global pandemic. Many countries kinda had to forego their capitalistic ideas and start sending people money stimulating the economy with relief checks.. some called it that .. others called it ubi. They used whatever terms they were comfortable with. However it still came down to what some would deem force. I guess to a degree it's all a measure and a balancing act of force over choice.

Some believe more choice is better and in some cases they are right. However i think as a society we have to reach a common sense point. Where people aren't just going this that and the third and using ideas like my rights are being take. I'm forced into this system on areas like where the needs of the many .. outweigh the needs of the few.. or the one.

In an effort to not get off topic, i'll just quickly give the example of the masks during the pandemic. Now you wouldn't think masks would be such a big deal. Literally a piece of cloth over a persons face to be decent and neighborly and protect your fellow man from maybe contracting a disease.

However we saw levels of lunacy where people refused to wear them. Fell out with family members because they wanted to not wear masks around them. People went to jail for not wearing masks. So where are the areas of where it is proper for the good of society to limit ones actions and restrict them for the public good without people going oh my rights being taken. " i'm being forced". Is there like a common sense area in all of this?

I'm going to oversimplify this. I know it's more complex than this. However i could type all day on this topic of rights and freedom of choice. However let's approach it from the most logical standpoint possible. We have humans. We have more than enough resources to feed humans. We make a conscious decision to let some humans starve to death. Under the notion of your right to a choice that makes you feel better but harms most of the earth and its inhabitants in some way. When posed that way for most it would be a logical choice to just feed every human if you have enough. No matter how we break this down. We've found a way to forego that conclusion

I must say i'm quite dissapointed in the crypto space. I've watched too many smart people here not use the most advanced tech in the world in its most optimal way. Ideas like ubi, voting on the blockchain in application to our real world and political systems have almost been swept under the world. Some of the greatest uses of the blockchain have been ignored for more capitalistc businesses, gambling, games and speculation.

Now i don't demonize capitalism obviously i use it as many and certain aspects of it works. I would though say my argument is that what we deem to be capitalism is in fact false. So i reject the idea that we use capitalism properly. It's more like this fascist, communitistic corporatism capitalism. Thats what i reject that i believe we participate in.

I'm dissapointed the space avoids ubi projects but they push speculation and many redundant projects that add no significant value to the world. I would believe that will change in the future. However to my dissapointment that hasn't happened yet. The crypto space continues on its course of speculation and this false idea of capitalism. This methodology of creating an exact replica of our standard economy. Some go no bitcoin is great.. cryptocurrency is great. Cryptocurrency distribution rates are far worse than any standard economy. Look who owns most of bitcoin? That doesn't look like the people to me. To add insult and salt on the wound. Bitcoin can be tracked in a questionable future world you may end up better using a paper dollar than a crypto dollar that's noted everything in your life history in the entire history of you on the blockchain.

So we got a long way to go. I'm hoping alot of crypto joins me and my efforts to use crypto i believe in the best way it can be used. I hope they stop this trivial use of crypto and do something that makes a difference.

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You've touched on a lot of points in your comment.

I will start with the point you said many avoid: socialism.

I believe as an ideology it seems ok, even desirable, because everything is socially owned and there is no accumulation of wealth and the inequities they create are in theory eliminated. In reality, I don't believe there was any attempt to implement socialism that was in any way fairer or more sustainable than capitalism is.

I lived in a country which proclaimed itself socialist as a child, with an unique party (the communist party), and I can tell you things didn't go well. As I said in the post, it's not happiness if you had some money, and you had nothing to buy in the stores, and when you had there were endless lines and items sold under the counter. That's not a working system. I won't even talk about limitations of travel, phone calls tapped, prison for dissidents etc. Maybe other implementations were a bit better. But there's a huge gap between theory and practice. At least in the attempts we had so far.

About UBI, I'm open to the idea, with one condition: people have to do something to receive it (unless they are unable to). Have a minimal contribution to the society or the system which distributes it. I don't like the idea of people turning into vegetables, and our brain turns most of us into a lazy bunch, because it enjoys taking the path of least effort.

I also want to exist a higher motivator than UBI. People want/need to improve, and UBI will create a plateau. That's why I see the plethora of crypto opportunities useful and challenging.

Considering we are still far from mass adoption in crypto, and we can still consider this an early adoption stage, you can't blame crypto for not focusing on universal basic income. That time will come when we have more adoption, I believe.

About distribution in crypto, it's a bit unfair what you say. Most coins start with a bad distribution which may improve over time (but not necessarily). Bitcoin distribution improved for almost a decade, but now is strongly consolidating. So here I agree with you, bitcoin is certainly not people's coin under these conditions. That doesn't mean it's not worth owning it.

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Yes socialism is often times clumped into like autocracies and communist states, dictatorships. I liken that to how we call crony capitalism, corporatism and spoil systems capitalism when it's not really that. I'm from America so we often times now get like immigrants coming from the most extreme cases of that. So they have this picture in their head all socialism is like what happened in their native countries.

Also i know alot of the Western demonization of socialism occured between the start of the 20th century and World War 2. Prior to that even America was quite socialist in idea. Also it depends on the wealth of your country a great deal as well. For example you'll find richer countries doing this no problem. Poorer countries attempt it seldomly goes well. Who controls the resources politically also has to be considered.

Is it a matter of it not working or the powers that be robbing the country not wanting it to work so they can steal. So it has to be exampined in my opinion on a case by case basis. Again you see richer countries do this and the results aren't like that. They are actually quite favorable when ideas like democratic socialism is used provided they have the resources. Obviously if they don't have the resources you can't squeeze from a cabbage, an ole saying.

I think my country is certainly a different case scenario. I think we do have a large amount of money.

"About UBI, I'm open to the idea, with one condition: people have to do something to receive it (unless they are unable to). Have a minimal contribution to the society or the system which distributes it. I don't like the idea of people turning into vegetables, and our brain turns most of us into a lazy bunch, because it enjoys taking the path of least effort."

Well here's the problem if they gotta earn it. It's not universal basic income that's called work lol. That's called work with bonuses , haha. If you receive it because you need it. Then thats called welfare and you can introduce a weflare state. What many don't understand about ubi. Is the " universal" means you gotta give it to everyone. Also we need the full data and overall economy of what happens if everyone gets it. We don't fully know. if rich get it and middle class get it and poor get it. It may create a gigantic stimulus to the economy.

However if you just give it to poor people. Well poor people need to spend right away often times just to survive. However there are fear reaching societal effects ranging from better health, reduction of the crime rate, potentially a great deal of job creation because now entrepreneurs now have a little more cushion to work on the next big project. The benefits can go on and on and this adds up to more money in the economy and reduction of what governments spend across the board. It would dismantle the expensive welfare and healthcare system to some degree. the prison system as i said the list can go on and on.

if you just give it to poor people. It now becomes the stigma as well as the war between the rich and poor the deservant and non deservant. It's just not what ubi is. Ubi is not welfare.

Also i'd invite you to look at some articles on the many fallacies of ubi making people lazy. Also scientist are starting to conclude that laziness itself is a myth lol. The idea that people will receive just a basic income and drop all ambition not to work whereas this occurs in a minority of people. It is likely not normal and provably false and the idea seldomly holds up well.

Take a look at yourself. I can speak for myself. I've been on vacations and ready to go back to work. I've been out of school and wanted to go back to school. it's many stories of rich people who retired and had to come out of retirement go back to work. What they are really saying is that some people don't like the jobs available to them in the marketplace. So they go on the idea of saying they wont do work because they don't wanna do those jobs. However its many things that are work that may not be classed as work yet.

I reading an article about like this i think he was between 10-13 years old. He drops out of school and plays video games like fortnite and makes so much money. However he didn't drop out of school because he makes too much money. he did because one of his parents is dying of cancer and his video game play allows them to pay for medical aid. So with automation what we define as work is changing. Stay at home moms. I say one of the most important jobs there is. The market values at stay at home mom at zero. These posts and blogs we do. Some people do quite well writing them. I value them at zero so does many other people around crypto. Why? because we can get the info free online it has substantially a value of zero. However, there is work being done right? Someone is taking hours to write. So i think what is being said is the market may need to redefine or broader define work. I don't think its that people are per se lazy and if they are they represent a minority i believe. I don't believe like a human can sit down for 70-80 years and not have a desire to do some work. You may question what the work is like i question you guys getting paid for these blogs. However that doesn't mean you're lazy.

"I also want to exist a higher motivator than UBI. People want/need to improve, and UBI will create a plateau. That's why I see the plethora of crypto opportunities useful and challenging."

Okay sure but what would that be? Like what could be a greater motivator than one of the greatest ideas in human history lol. Championed by world reknown economist like Friedman and Mankiew. Dr. Martin Luther King, Elon Musk, Jack Dorsey, Mark Zuckerberg, Sir Richard Branson the list goes on and on and on.

When bitcoin first started. You know alot of what pushed bitcoin was freedom. It wasn't a speculation tool to hopefully get rich. The early developers were more into the social movement and implications of what it meant for something to come to our systems like cryptocurrency. They were making pennies for years nothing at all. Some of the early bitcoin people in aren't even rich people today. That wasn't their motivation.

As successful as doge coin is today .. the founder jackson palmer gave all his doge coin away a long time ago. People now city to city are doing ubi marches getting up in the cold in the heat of the day and protesting. Now what's the motivator for that? i think its a better world. I think that can be a great motivator.

Now you say its still early and bitcoin is not a bad idea as an investment still. i kinda disagree with that but i understand where you going. I think bitcoin has now been introduced to everybody. I dont think its that people dont understand bitcoin at this point. I think people just still don't feel the message is compelling enough to use it. I can see why its not really mostly owned by the same people these days that own everything else. I think the opportunity of wealth in bitcoin is closing.

For example bitcoin is at like whatever 50-60k ish..Now what's it going to take for new people to get a good return in bitcoin entering this late? For bitcoin to go to $1 million or something to do like a 20x. Okay seeing that most of the world is not investors and probably dealing with limited or low capital. Thats not going to change their lives.

I won't go further with btc. However i will say that yes it is possible that cryptocurencies can later evolve. I just hope its not a eos situation where $4 billion came into that market in the beginning and the best use of it was a gambling app. Nowadays its not even that likable of a coin.

The success of bitcoin came about early on due to i believe not just a way for more economic prosperity but a great social narrative of freedom from what could be oppressive governments and the right to be free with your money and your value systems. Unfortunately today alot of projects just focus on the business of making money this purely capitalistic model. We don't need every business in the world and everything in the world on the blockchain.

So i think crypto will really do the mass adopting when the space focuses on what i believe to be that truth. It's not a matter of early its a matter of understanding economies and understanding what people need and want. People will use what they need. Now and again i'm writing too much because these aren't simple topics but i'll just say the first mistake bitcoin made was not being a currency. You see economic freedom and prosperity is easier to achieve through a currency.

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I read earlier this year that the ones who helped Bolsheviks come to power in Russia were people on Wall Street and from Fed, for economical reasons, to destroy a competing economy. Which they did. Maybe that's true, maybe it's just a conspiracy theory.

I would be curious to see the socialist experiment unfold in a developed country. I doubt it would work there either, mainly because of the corruption which exists in every model and at every level. But you are free to believe it would.

As for UBI and laziness, I have heard of countless examples of people on welfare drinking themselves to death and doing nothing all day long. While UBI should not be welfare and should be universal, laziness and lack of motivation will settle for many.

Zero market value for blogging... That's a matter of perspective. Facebook is one of the richest companies in the world using their users, their content and compiling information about everything. So I guess there is value behind blogging, it's just a matter of distribution and who reaps those rewards.

I agree some ideals changed in crypto land and FOMO is often related to gains. But some of them are still around, you just don't mention them: ownership, decentralization, scalability, censorship resistance, security, inter-operability, abundance (in more ways than financial) etc. And they are worked on. Some quietly, others not.

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"I read earlier this year that the ones who helped Bolsheviks come to power in Russia were people on Wall Street and from Fed, for economical reasons, to destroy a competing economy. Which they did. Maybe that's true, maybe it's just a conspiracy theory."

Yes i can't confirm or deny this. However i can say i did study russian history a great deal. It was one of my favorite areas of history. I can say that prior to the bolsheviks the poverty in imperial russia was horrible. Russia was starving before the bolshevik revolution. I guess you could describe their economy as more a feudalistic system. So whatever happen there i don't think they needed any help really. I think they were well on their way.

However, thats the very thing we have now in the west lol. They are trying to call this like oh it's capitalism and that's your boss. No your boss is your lord he owns everything. They have a new term for that. It's called "neofeudalism" and we're at the dawn of that. The people almost own nothing in comparison. Most families have less wealth than they had 60 years ago. The only difference is they have an iphone and a tablet to distract them and a microwave with hardly any food to put in there lol.

Obviously its good advancements in medical research. However still comparably people have less. Less often times means less access to many things.

"I would be curious to see the socialist experiment unfold in a developed country. I doubt it would work there either, mainly because of the corruption which exists in every model and at every level. But you are free to believe it would."

I believe it was Sweden. I don't want to say the wrong country i know it was a scandinavian country. Met an immigrant who said that one of those countries Sweden or switzerland.. provided the people brand new cars thats how good the socialism was working. Forget about some food or extra income. Besides that try a brand new car. So if your country is a rich country and you have surpluses why not? Why should political theory dictate that your people should'nt have more and yes more can mean free if they got plenty. The United States has plenty alot more than many countries.

"As for UBI and laziness, I have heard of countless examples of people on welfare drinking themselves to death and doing nothing all day long. While UBI should not be welfare and should be universal, laziness and lack of motivation will settle for many."

Okay i'm not a doctor so i'm just going to refer you to this link from this social psychologist on this subject matter. I read it made sense to me. If laziness was a choice i'd just never be lazy. Your body and how it signals to you. A homeless person drinks alcohol because his environment may be cold.. he uses drugs because his reality may be harsh. Anyway i'm going to just post the link and it goes into great detail why laziness is a complete myth. https://humanparts.medium.com/laziness-does-not-exist-3af27e312d01

It's called you don't wanna do it lol.. There may be a valid reason why you don't. Maybe you shouldn't be doing it lol. I also wanna leave you this video of a person who i think explains the fallacies of people not working under ubi well. Actually thats the most common used argument against ubi but it's also the most easily dispelled. really good video here please watch it

Zero market value for blogging... That's a matter of perspective. Facebook is one of the richest companies in the world using their users, their content and compiling information about everything. So I guess there is value behind blogging, it's just a matter of distribution and who reaps those rewards.

Well i would call what you see on many social media sites as not so much blogging but posting or tweeting. So i would say the actual value is not so much in the content as its in the attention value. So if an attractive model drops a picture and goes its a beautiful day. Okay how much his that worth if i do it and i'm not a beautiful model lol. She got a million people on that photo. So sure it is value in " attention". i don't refute that and thats obviously what facebook is mostly capturing. However there is no real economic basis or competitive pricing mechanisms on the value of these posts. So yes you're half right but also half wrong if you start to get into like well what a good post is and thus the value of that should follow.

I would have to disagree with that. I would say the value is strictly attention driven. It's strictly driven on who you know and the social relationships you've built hook or crook, lol. All i'm saying is that content itself is probably not really whats driving the value to you. you can have good content but if you have the wrong network you wont have a situation like a standard good in the marketplace that has competitive pricing to create for lack of a better word a price control. That keeps the market fair and people from being overcharged. These blogs dont have a value anything like that so what happens is a blog can be worth $40k when content wise comparably its no different than a blog of a value of $5

so no.. lol

"I agree some ideals changed in crypto land and FOMO is often related to gains. But some of them are still around, you just don't mention them: ownership, decentralization, scalability, censorship resistance, security, inter-operability, abundance (in more ways than financial) etc. And they are worked on. Some quietly, others not."

ownership: how is that more enforceable on the chain than off the chain? in other words if i own some product on a platform some business or something or another. its now way i can legally enforce that ownership.. when hive forked from steem they couldn't really enforce problems with the stake they felt they owned. Now i get you can use smart contracts etc., i just see alot of problems with ownership specifically in business on the chain.

decentralization: one guy on doge coin owns like 30% which is why elon musk doesn't wanna buy any. Most crypto projects have really bad decentralization of wealth and influence. in bitcoin the miners don't represent me. the developers are pretty much centralized. the centralized exchanges account for over 95% of our crypto currency uses. the wealth clearly isn't decentralized. i'm not sure what exactly is under the parameter of decentralized besides like a segregated server and the same guy may own that server as well.

scalability: most projects have a problem with scaling and although some say they can scale others say its a myth.

censorship resistance: Yes that part is true but not only dont we live in the 1984 orwellian world. i just got off mainstream social media and people were dying to tell me who they were . show me their kids picture. .get famous. post their house address . these people dont act like they living in 1984 so i doubt many are looking right now at the full value of censorship resistance.

security: bitcoin had a major inflation bug that would have been catastrophic had it not been caught by a bitcoin cash developer. he was nice enough. steem and hive apparently have the ability to manipulate accounts. i wont go far into that but we know its things they can do to accounts that you have.

interoperability: yes synergy can work but i think a broader issue is crypto still has a long way to go to showing significant use cases and applications that people want to use. If you're not creating things people need and want to use then its kinda pointless.

Abundance. I dont think its abundance yet because its not enough people in crypto and its not a big enough pool economically . Now potentially yes maybe one day. i wouldn't say that day is here yet. So if its going to get better and they coming out of the lab working quietly with the next new thing. thats' great we'll be having a different conversation then. Right now this is not just my viewpoint i wanna be clear. I'm good at going around the crypto space outside of hive and listening to other people. So i'm hearing many things. So i hope things do turn out like you're saying. I think some projects will need a different direction but i hope for the best.

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It's called "neofeudalism" and we're at the dawn of that. The people almost own nothing in comparison.

I agree both with the assessment and with the chosen term. In fact, also related to the later part of your reply, about UBI, I started to compare the regular 9-5 job quite some time ago with a form of sort-of-voluntary slavery. I've been lucky enough to not require to enlist in the field of the majority of employee workforce for over 15 years. That doesn't mean I didn't work, of course. Because I probably worked even harder (sometimes smarter too, lol), but with a purpose, my own.

We've seen a few forms of UBI experiments these days throughout the world. Some called UBI, others not. It will be interesting once we have some understanding of their effects. Although, none of them (as far as I know) were really paying decent living amounts, so maybe they will fail to match the ideal form of UBI.

To be honest, I still believe the best chance of UBI still comes from the crypto-sphere. But it will have to be a few more years before people turn their attention again on the topic. We need a better adoption first, in my opinion.

About blogging and networking. I agree with you. The exact same posts, one written by a well known author on Hive and another by a newcomer will produce a distribution of rewards highly biased towards the known author. I believe this is normal. Networking is part of the game. Establishing reputation is part of the game. Hive is known as a social media platform. Thus people need to be social. However, one can create a second layer token and tribe for people who don't want to socialize and write exceptional blogging pieces. They might receive greater attention (also in terms of reward distribution), if people would know where to find them. Because to be honest, it's pretty difficult to find newcomers unless you specifically look for them.

You've made some good points about ownership, decentralization, scalability, censorship resistance, security and interoperability. I didn't say they are perfect. Some are far from it. But work is being done to improve things, and some are evolving at a better pace than others. What I wanted to emphasize with them is they are ideals that transcend the monetary value. So, crypto-sphere still has ideals (and idealists), in my opinion, but sometimes it's harder to reach them.

Thanks for the meaningful conversation!

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Yes i'd also say as well it's not even so much that people have to work a 9 to 5. It's also that the 9 to 5's don't even pay adequate living wages. So the most common job has been like a 38 year old cashier. Obviously with automation and self checkouts they have had to move on to different jobs and skillsets. Unfortunately you wonder can people keep getting smarter to compete with machines? What happens if there is a limit to humans and they just get outpaced.

That's good you didnt have to work a 9 to 5 as a slave. I haven't had to do one in decades myself. The last several years i've worked for myself. However if you do have to be a wage slave then ubi could be helpful to help establish a living wage for people who work 40hrs a week and the pay is not adequate and thus they now have 2 to 3 jobs to make just one job.

"We've seen a few forms of UBI experiments these days throughout the world. Some called UBI, others not. It will be interesting once we have some understanding of their effects. Although, none of them (as far as I know) were really paying decent living amounts, so maybe they will fail to match the ideal form of UBI."

I've looked into many UBI experiments and i must say to you. Not one has been a legit ubi experiment. One of the most famous that came out of Finland that they mostly quote only included about 2000 people and they all were either low income, welfare recipients or simply unemployed.

That is a glorified welfare program. That has nothign to do with UBI. I think it's disingenious they use the term ubi. I think ubi should be a more concrete idea. I think the " universal" should actually mean universal. We already do what most of these experiments do in the form of government aid and charities. It's generally not enough money to change the peoples lives. if you going to have less than 2000 people or even fewer than that. Often times its not alot of participants.. give them no less than about $1200 to $2000 a month. They give them like 500 to 600 bucks only enough they can spend. I mean you're not going to see any real changes from poor people who can do nothign but spend it on food or clothing or shelter.

Although i would say that ubi is not meant to take care of you . It's meant to be supplemental to aid you. It's not suppose to take care of your life. Although the basic needs of most people a month. Just the most basic would run in excess of $1000 a month. Many of these experiments again are less than that. They feature low income people only.. not middle class or rich. Thats really not significant data to gather on that. However i would also say that some of the experiments did show improved health which can cut down medical cost.. just a better quality of life to put people in a better predicament.

"What I wanted to emphasize with them is they are ideals that transcend the monetary value. So, crypto-sphere still has ideals (and idealists), in my opinion, but sometimes it's harder to reach them."

Yes okay thats great because i've also seen people who want money so bad in crypto. They willing to break the law, collude, scam, and their motivations many seem very much monetarily based. However yes i do believe it's idealist in crypto i'm one of them. However i haven't met alot of people like me here.

I want to share something with you that i feel is going in the right direction. In your wallet is something called a " bbd coin". I think this cryptocurrency may possibly change the world if i can find more people that have really taken the time with this space and tried to understand what it is. So i expect it to be a long road.. However maybe one day this bbd coin may serve you well lol.

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Spain has another UBI experiment going through this pandemic, I heard and then read a bit about it. It offers from 450 euro per individual to about 1000 euro per family, per month. It is national-wide, but not mandatory for any of the regions, so I don't know how wide spread it is. I know quite a few people living in Spain including here on Hive, but I haven't asked them about this.

In your wallet is something called a " bbd coin".

Yes, I noticed, thank you. I don't check my HE wallet so often lately, but I needed to do some operations today and I saw it and looked into it and saw you were the creator of the coin. I'll hold on to it. :)

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in politics it's almost customary that they'll promise many things and forget all of them once they're elected.

It is because politician does not speak for freedom. There are capitalists that promote the politician. After election, the politician should pay the charges for being elected. His promises to the public will be sweet story of retorical campaigns but bitter story for the mass.

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True, there are many ways to measure abundance.

And here in Venezuela it is the same, there is a lot of money to buy things but everything costs much more than what anyone can have, or also in the past there was a lot of money but there was no money to buy, a really disastrous situation.

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It's often when people encounter extreme examples such as Venezuela when they realize how important abundance is. And how important it is to reach all corners of the world and the society.

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