The Illusion Of Wealth That Comes With Crypto
One of the reason behind verbal bullying when it comes to diverse people is the illusion of wealth and invincibility that comes with owning a lot of crypto. One thing that will always remain with crypto no matter the level it reaches, is how distinct the wealth ownership will be and also tend to determine the actions and lives of people in real-time. On the hive blockchain for example, the class distinction is always evident even without proof of who owns "what". I've seen people who tend to judge, predict, equate or calculate the financial aspects to the lives of others based on what these people tend to own in their crypto bags when in reality some of these "judged" people cannot even spend this "honeypot" due to so many reasons.
Originally money brings a change of attitude in the lives of people, they tend to be unconventional when they do things and this lifestyle can sometimes inadvertently turn people into bullies.
The Charade Of Balance
The volatility of crypto for example should create a balance, but it isn't. This means that the bullish tendencies that often comes with bear market can be balanced with the FUD and gloom that comes with the bear market. But this isn't always true.
Sometimes people become unplanned millionaires without even lifting a finger and the next second, they can become poor with a stroke of ill luck, this situation of imbalance should create a sense of equation that the Financial standings that's brought about by crypto isn't steady and trustworthy until one pulls out and is no longer in the game.
Many people might appear rich in crypto, but in real life they're having serious financial situation of which they don't even have enough money to take care of and this is because, when you pull out of game of twist and turn, of the ROI & APR, the compounding eventually ends.
To actually maintain one's position, a person would need to stay in. This isn't always an easy dilemma. With crypto, you don't know your height of loss and gain and the excitement and fright that comes with this uncertainty is what eventually keeps many, going.
Nevertheless, the illusion of that wealth alone is a determinant to the Irrational behavior of a lot of people towards their fellow crypto holders. Crypto Money is real and impactful, but it's entirely different from how we should equate it to real life.
@joetunex used to tell me of how get wouldn't sell his Splinterlands assets to actually take care of real life Issues and this is because these Issues are not Important, it is because pulling out of crypto is dangerous, inadvertently one loses the prospects that are likely to come in the future simply because they have a need to cater for at the moment.
All In, No Out
This is the opportunity cost that always comes with crypto. The prospects you sacrifice at the moment are those opportunity costs, because you're making these choices for the greater good. It's quite aggrandizing to feel wealthy on the surface because of figures, on your mobile or desktop.
Somebody on the outside might consider you a fool for not pulling out and living your life, forever and ever on one beautiful island. This is always the issues. Even with people who are into crypto, we cannot subtract human emotions from the reality of the prospects of figures and digits. People begin to do mental accounting when it comes to figures.
They begin to calculate how comfortable their fellow holders might be and this somehow decides how they tend to relate with these people. Anyone who hasn't read the stories of @nathanmars or how be struggled with being homeless, might feel he's a wealthy man
Crypto: The Scope To Ride Or Die
It's intense how the people react to those they regard to be financially flamboyant, and it's even worse picturing how wealthy they are. We cannot totally analyze the human reaction and emotion towards money and this is totally saddening.
You can quickly lose a person you deem to be a friend simply because they consider you to be "too rich" to ever need anything in life. I've lost a lot of people due to this. They're constantly equating what isn't certain to the reality of life and the challenges that comes with surviving life itself.
Some has refused to understand how crypto works, "you pull out, you lose, you stay in then your chances becomes better", I've learned this overtime from the likes of @pouchon. Letting the illusion of wealth that comes with crypto get to you can be devastating. Life is totally a different ball of game.
Interested in some more of my works?
A Personal View Into The Meaning Of Spirituality (ecoTrain QOTW)
Why You Couldn't Create Good Contents In 2021, Why You Still Wouldn't In 2022.
A Psychoanalytic Dive Into Incentivized Loyalty
The Nigerian/African Disposition On Marriage As An Endowment
Living & Living Unintentionally (The Financial Repercussion)
@Josediccus, your brother-in-pen & heart
I'm hoping to reach more people who are broken at heart and spirit, so share on any platform or reblog
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