RE: Losing confidence and everyday PHUD
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I was reading that article yesterday and thought the same lol. It is indeed a difficult challenge to shift and focus towards alternatives. But maybe in 30 years from now, the future you will thank you.
I have a feeling that old dirty paper money will no longer be the currency of the future generation. I can imagine how awesome it would be for all of us to have wallets, bitcoins, crypto knowledge and to live at our best. A future which might not be so far away.
I think it is every person's dilemma: with what do I start? Where to put this dirty fiat to get me out of the fiat bubble.
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As far as I know, thre is no better place than to start where we are right now :) Getting out of that bubble is difficult as it is like in the Godfather - *Just when I thought I was out, they pull me back in". The gateways out are few and narrow, the hooks to stay in plentiful and compelling. Most people go with the better the devil you know approach, rather than take the risk.
There is something about the comfort which is almost devilish. It does lure you in because it seems safe. But as we know, not everything which seems also is.
It is tough to get out of the old mentality rut, but for true progress and freedom to happen, it is necessary to leave from the arms of fiat thorns which made us believe that tough love is the only way to go. It is not. The wounds are invisible and they don't hurt right away, but those thorns get so much into our skin that it is harder to let go after long time embracing
I think it might be the same with pretty much anything where we can get comfortable for a little and then, rest on our laurels, so to speak. I think that over time, that comfortable walk becomes a terrible journey of self-imposed oppression.
I learned it is never good to be too comfortable with anything. It pays off to always think a little bit ahead
The challenge with this ‘old dirty fiat money’ is this often times helps small businesses the most. Giving someone cash, right there in hand, eliminates 99% of fees for them besides having to drive to the bank. The worst part about the digital money is this will never happen, and putting more pressure on squeezing out the little guy. I enjoy crypto very much but there’s a lot of small businesses throughout the world that benefit greatly for cash. The unfortunate asshole big companies destroy their abilities to be successful at so many points, I love to help them in any way possible.
I agree with what you say about small businesses. The need for cash when you start is huge, but that only because the whole system is based on cash. You pay bills with cash, send your kids to school with cash, pay a rent with cash. If crypto would become a worldwide accepted system, then I think the possibilities would expand. No more converting one currency into another, paying fees and numerous comissions. There are definetely some advantages to cash, but maybe some of them exist because fiat is the only system humanity has been functioning with for so many years.