
1) Value
After watching How The Economic Machine Works by Ray Dalio, I realized that we must at least know that we must provide value. Well, this sounds logical and kinda like simple. However, by understanding this and how the economy works. We got to ask ourselves, what is the value that we are creating those benefits people. The more people you benefit, the higher value you will receive. Unfortunately, for some people, the value comes too late and they are already dead. For example, Nikola Tesla who contributed to 80% of all modern tech like Alternate current, remote control, induction motor etc but he died a pauper. So, if you contribute but yet to receive the results, just remember him and you won't feel so bad. It happens.
So, the question we should ask ourselves is;
"What is the value that we are contributing to the society?"
For me, I hope to get more people to learn about cryptocurrency as the greatest transfer of wealth is coming and thus I created wishiknewfire.bookmark.com to encourage people to have a simple life and build a basic income to pay for daily lives so that you regain freedom to use your time to do anything you want.
2. What is crypto currency
First, we shall use our time to understand what is cryptocurrency. If you have limited time and tech is not really your forte, then getting to know Bitcoin and Ethereum may be more than enough. Reason is because these 2 are most popular. Bitcoin being a store of value while Ethereum being the foundation of most of the DeFi or smart contract related projects.
There are many resources to read to understand what is Bitcoin or ethereum. One of the most important series of videos I encourage you to watch is the Hidden secrets of Money by Mike Moloney. Everything that you have been preaching for the last 10 years is coming to reality.
On episode 8, he also talk about Bitcoin and cryptocurrency and that he will also place a small percentage of his wealth on Bitcoin.
Summary
The goal is to ensure that we contribute to the society and we keep a better version of the stored of value to regain our freedom.