2025 is here – happy new year!
The lure of cryptocurrencies often centers around stories of rapid wealth accumulation, some of which are indeed true.
In terms of profit measured in traditional currency, cryptocurrencies have outperformed other markets over the past ten years. Yet, true richness transcends money—at least the kind of money we handle today.
There are valid motivations behind the pursuit of money. In the current global structure, money is crucial to fulfilling basic survival needs. Need a roof over your head or food to eat? You'll need money.
Here's the catch – there's a limit to the happiness money can bring. When you're struggling to afford daily meals, more money can dramatically enhance your quality of life. However, if you can already afford whatever you wish to eat whenever you want, having twice your current income doesn’t significantly impact your life.
Additionally, societal issues often arise from the concept of 'modern wealth.' As we step into a new year, it's worthwhile to reflect upon the social dynamics our current wealth systems spawn and the true sources of genuine wealth.
The Golden Casket
Eventually, we all share the same origin and ultimately end at the same destination.
Accumulating enough wealth might mean a luxurious farewell with a golden coffin, but life should be about the journey, not the end.
Though contemplating this as the new year begins is challenging, there's an undeniable truth to it. Let's explore ways to make life fulfilling during this journey.
Basic Needs
Humans have fundamental needs. A lot of luxury items are simply overpriced versions of these basic needs. Take a Gucci sweater—it warms the same as any other sweater, despite the fancy logo.
We require basics like food, shelter, clothing, and healthcare, alongside a social circle.
Interestingly, money hasn't been directly mentioned as necessary so far, and suitably so. Survival depends on fostering ties with others rather than having stacks of cash.
To truly enjoy life, building meaningful relationships is crucial.
I NEED Money!
We get it. Or at least understand your perspective.
Throughout history, money has emerged as one of the brilliant inventions. Don't be fooled – today, it's a product managed by governments and central banks, even if it didn't begin that way.
Instead of focusing solely on money, open access to complex social systems is essential, providing a chance to contribute genuine value.
The term 'complex' here implies resilience, unlike mere complication. To illustrate, consider these examples.
A mechanical watch or a petrol engine is complex yet fragile. Removing a component disables them until external aid restores functionality.
By contrast, companies like UnitedHealthcare exemplify a robust complex system. Even with leadership disruptions, they continue operating freely.
Our world relies on money granting access to these elaborate social networks. Lacking funds requires living under primitive conditions, which isn't the best lifestyle, especially when seeking creature comforts.
A New Wealth Paradigm
Money's purchasing power appears to diminish over time—not just in physical goods but. safety Crime rates escalate in parts of the world, matched by raging wars across the globe.
You'd expect wealth and safety to align, yet increasing fiat currencies lead them further apart, making life precarious.
Globally, violence is ubiquitously increasing. In the USA alone, nearly 2 million people are incarcerated. Despite enormous governmental spending, the societal descent into chaos continues.
In the UK – a powerful knife sculpture poignantly highlights societal discord, depicted by an angel crafted from blades, telling stories of our aggression, both historical and modern.
By Domersr – Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=87865439
As 2025 approaches, we must recognize that without security, monetary gain means little. If this newfound wealth funds conflict, future scenarios promise worse outcomes over varying timescales.
Who Gets It?
The wealth distribution benefits an elite fraction – the top 10% of the top 1% globally.
The rift between affluent asset holders and those with scarce resources is growing distinctly, a trend exacerbated by COVID-19 that shifted wealth toward the world's richest.
Further complicating matters, ivory tower economists indulge in deception, attempting to mask evident economic struggles.
From FED Chair Powell in December 2024:
'Recent price surges in essentials like food, transport, and heating trigger severe financial pain globally. Although inflation decreased, persistent high costs are palpable.'
While inflation purportedly drops, living expenses within the complex system remain steep compared to earnings. everything a normal person needs 'Furthermore, people sense an existence in an.'
They are calling it a “ vibecession Economists often insist on everything being fine while dismissing concerns about global economic dynamics lacking wealth creation. economic hell From a pinnacle vantage, concern centers on the risk of unexpected danger.
We empathize with those eyeing a lavish lifestyle through the cryptoverse.
At least not for the bottom 99%.
On the Resilience of Red Fire Ants & the Influence of Decentralization
Cryptocurrencies Should Focus on Increasing Accessibility, Not Luxuries
'On the Resilience of Red Fire Ants & the Influence of Decentralization' — Blockonomi
Lambos are amazing! However, they don’t float .
But Red Fire Ants do…
Let us prioritize educating individuals on wealth's true essence in 2025, crafting an inclusive future for everyone.
Nicholas Say, born in Ann Arbor, Michigan, has roamed extensively, called Uruguay home for years, and now resides in the Far East. His writings span the web, focusing on pragmatic progress and tomorrow’s tech landscape.
Cryptos can help.
Here Are Six Crypto Projects Transforming Web3 Education Fundamentally
Happy new year!!!
