What Kind Of Crypto-Billionaire Are You Going To Be?
Didn't you realize that you are going to be a billionaire from cryptocurrency? Well that might be a bit of a stretch for many. Not all are going to be billionaires from their crypto activities.
That said, it is highly likely that there are a lot of millionaires created from this industry. We are in such the early stages and the numbers, overall, can get very large. This mean people will have opportunities to earn vast sums through their creation, innovation, and engagement.
The question is what kind of crypto-billionaire (millionaire) are you going to be?
We see a lot of wealthy people in the world today. Of course, many of them are fabulous individuals. They are very pleasant to be around while also doing a lot of good with their money.
Then there are the not so good ones. These are the miserly ones who live by the principle "enough is never enough". They are the ones who treat people poorly simply because they are in a different economic class. We see entitlement and a "better than" attitude towards everyone.
In short, these people are run by greed and, relatively speaking, do little to help others. They might right a check to a charity or host a fundraising event to help their egos. Yet, when it comes down to it, they will do little to assist the average person.
Obviously, if vast fortunes are going to be made off cryptocurrency and digital assets, it makes sense to ask this question. Since there is, in my opinion, a great likelihood that people get extremely wealthy, which category are they going to fit into?
We already see those who fall into either category. There are people here who, to them, it is only about what they get out of it. Nothing else matters but the ROI. It is an open field and they are here to take as much as they can out of the system.
Then there are those who truly are about helping others. They might have a lot, or not much, the size of the account is not relevant. Instead of coming from a place of pure greed, they have other motives. They want to see things grow and change.
So, that really cuts down to the core of the issue: is someone here strictly for the money or are there other things driving one?
Those here for the former, will tend to operate similar to those we see promoted in the media. They are on television, earn big paychecks, yet are basically complete jerks in many instances. Reports come out how they are awful to work for, have friends that behave in a similar manner, and look down upon everyone else.
Essentially, being here is no different than entering the stock market or any other investment/revenue vehicle. The goal is to make as much money as possible.
Then there is the later of those two categories. We see many who are not driven solely by the money. Obviously, this is an important feature since, until something major changes, we are in a system that is monetary in nature. Thus, it is a necessity in life.
However, that does not have to be the main motivator. We can see how there is an opportunity to truly change things for billions of people. As accounts grow, especially on Hive, the ability to affect others from around the world only increases.
When we are dealing with monetized upvotes, the ability to make an impact increases with one's holdings. The same is true for development. Is one coding only to make a boatload of money or is it to help others change their lives? Of course, the ideal situation is where both take place.
We often see breakthroughs from start ups that can truly change something about the world. However, there usually comes a day when the technology is bought out by a major corporation willing to write a big check. This sets the development team for life but helps to feed the behemoths we see in the corporate world. They either shelve the technology if it is a threat to them or integrate it into their operations, further insulating them from competition.
We saw this enough over the years to know what kind of system this ends up with. Presently, much of the economic activity is controlled by Wall Street. This has created a situation where only a certain few are benefitting. Another way of looking at it as their form of "circle jerking". Everything operates in their closed ecosystem.
Things are transitioning from scarcity to abundance. Our entire economic model is build upon the former. Now, with cryptocurrency, NFTs, and other forms of digital assets, we see abundance forming. There are few limits to what can be created. Instead of fighting over control of limited resources, we are dealing with an arena where there are few limits. This requires a completely different mindset.
Naturally, many make the mistake of approaching with the same entitlement mindset. Sadly, we do not mostly see this from those with resources, yet the exact opposite. It is those who show up with nothing, contributed zero, and put in no engagement, who feel they should have their content rewarded (or bought). When they do not get their expectations met, they get upset and blast the system.
Again, even without means, it is the same mindset: the only thing that matters is what they can get out of it.
Do you think their behavior would be any different if they had the resources?
Not likely considering they are still approaching things with the identical mindset that is presently corrupting our world. In a system designed by takers, there is nothing to do but take oneself. It is very difficult to operate in any other manner or else one is going to get swallowed up. There are a lot of vultures out there.
The same is true within cryptocurrency as we know. We see the cons and exit scams. It is a blight on all that is taking place. Unfortunately, this it the behavior we must deal with.
Yet, the advantage is we can begin to change that. Each of us can look at the question in the title and ask ourselves that. Give it some consideration. If the outcome is set, financial abundance is coming your way, how are you going to operate when you have those resources?
The answer is that you will likely operate the same way you do now. If your sole motivation is to make as much money as humanly possible, then the behavior exhibited will reveal that. Down the road, when that point is reached, the motivation will probably not change. After all, as the saying goes, a leopard does not change its spots.
Let us look at Bitcoin. There were early adopters who are very wealthy now. The Bitcoin millionaire is not uncommon. However, many of those early people were not driven by the idea of becoming wealthy. To them, there was something much bigger. They were advocates for something different that was happening. When it came to marketing, there was not department to handle that. Instead, they were the ones out there promoting, supporting, and trying to help Bitcoin however they could.
Today, we have major institutions entering the arena and buying large amounts of Bitcoin. They do not care about it. In this instance, it is simply a way to make a lot of money. To major corporations, this is nothing more than an investment vehicle.
Honestly, do you think PayPal would support cryptocurrency if they couldn't take a percentage of each transaction> Of course not. Their goal is not to promote crypto but, rather, to make as much money as they can.
In this regard, it is easy to see the differences in mindset.
So where do each of us fall? Presently, we might not be living in financial abundance, yet if we remain dedicated and active, it will come. Thus, we need to decide today, what kind of Billionaires/Millionaires are we going to be?
It is best to decide this now so we can get practicing upon how we are going to be. As we see, it is not easy to flip the switch and change once the money starts to flow in.
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