Solving for Cube

I know that this is not some massive win - but for me, it is. I learned to solve my first ever Rubik's Cube last night - albeit... a 2x2 version I bought for my daughter. And, I still don't quite remember the algorithms by heart - my memory isn't cut out for this and since building automatic repetitive functions are now a manual task, it is harder again.

But, it's a start, right?

At least now, I know what this means now:

---

WHITE R' D R D'

TOP LINE R' D R L' D' L R' D R

YELLOW R U R' U R Ux2 R'

BOTTOM LINE R' F R' B'x2 R F' R B'x2 Rx2 B'x2

That is the solution for a 2x2 Dice, once it has been set into the right start position.

---

I wrote this for my daughter with a couple words included so she can read it. She followed the instructions and was able to solve it too and once she has good flow with it, I will get her a better quality Speed Cube that she can play with.

I hope she ends up a geek.

Speaking of writing things for Smallsteps, on the weekends now I write letters for her and leave them under a toy outside her door to read when she wakes up. I write them in Finnish so they are easy to read for her and she thinks it is hilarious how wrong I get things. However, I think this is good, because I want her to learn language blur interpretation, something that Finns aren't very good at, since so few "outsiders" speak Finnish at all.

And speaking of reading correctly, I picked the HIVE market yesterday that there was a pump incoming, because while there have been some spikes on HIVE:BUSD over the last week and a half, the volume dropped down to less than 50K dollars worth over the 24 hours.

The problem was, I didn't pick the velocity well:

The volume on just HIVE:BUSD flew up to 4.2 million and I heard total volume is the highest it has been since February 3rd, where the price was almost 3x higher. I suspect that this is a false recovery though, So I will bide my time a little before buying back, just in case. I have managed a couple of small swing trades though and I did sell and buy back a few days ago for an additional few percent, but I was also buying in the mid-50s too a month ago.

The entire market has been going through "familiar" pump cycles the last week and a half, as if it is gearing up for a run in the coming couple months, but I don't think that is going to be the case quite yet. Six to eight months, maybe.

I could well be wrong though!

As said, I am not great with numbers or algorithms, but I used to be decent at picking patterns, which was useful in trading, even if still relatively hit and miss. Better than 50% is a win though, right?

But at the end of the day, it isn't about the trade, it is about the hold. The algorithm is simple - increase holdings of tokens that you suspect are undervalued in terms of future price. It is easier in crypto than it is in fiat too, because there are many ways to earn tokens "for free" through trading other items of value, like time, skills, information and entertainment content.

And, in my opinion, if doing it well, what we do to earn is also adding value to others, which is why I will keep a substantial amount of my holdings in Hive. So many people are looking to by in crypto to get back into fiat - but I think that long term, the goal should be to leave fiat and move more of our value-adding activity into crypto. Rather than using our personal value-adding skills to earn fiat, we will apply them in the cryptosphere and then, we would have to opt-in to fiat if we choose. That means, centralized currencies will have competition and if they do not offer value, they will not be used.

Do you think they are offering value for the average person by printing massive amounts of wealth that ends up in the pockets of the few, who then convert that into generative assets, while those average people are still left trading their skills for more fiat that will never be enough to generate personal wealth, because it will keep ending up in those same pockets again?

That is what is happening through inflation.

When I was a kid, being a "millionaire" meant having a million dollars in wealth, which translated into a beautiful house, car and holidays. Having a million in the bank meant having 60-80K a year coming in on interest alone, which at the time was over twice the average salary. Now, a million dollars is an average house and a million in the bank, earns less than 10K in interest, which is 1/8th of an average salary in Australia. And that change has happened over the space of 25 years.

Being a millionaire, ain't what it used to be!

People are conditioned to focus on the money though, which are just numbers that are meaningless until context is applied. That context is, what you can buy with those numbers and we are seeing that it is "not much" at the moment. But, it depends what you buy, doesn't it? However, people are still more than willing to trade their values for fiat, where even though the numbers might be larger than they were when we were young, they don't buy much. A "unicorn" startup used to be valued over a billion...

A billion?!?

That doesn't go far these days.

Just think, there are talks of a boxing rematch for around that amount and NBA stars are getting 300M contracts for 4-5 years. Inflation. The numbers are meaningless without context.

If it doesn't generate value of some kind, what value is it? Fiat money doesn't generate value until it is spent on something that does, which is why we should be looking to move our wealth into asset classes that do generate wealth and, what better than what simultaneously benefits us as the average human - instead of the narrow sliver at the top of the fiat wealth profile.

It is all about algorithms.

What moves do you need to make to solve for a better quality of life?

Whatever they are, learn to make them. Earn to make them.

Taraz [ Gen1: Hive ]