Is It Even Employment?
I specifically used the term “Employment” in the title of this article in order to attract the attention of the current global workforce. However, a more accurate description would actually be “Income Independence”. Readers need to be made aware of the opportunity that Crypto now offers. An opportunity that has the potential to replace a standard nine to five working career. Let’s look at why this is actually such an attractive opportunity and why Crypto OGs have opted to live a Crypto-powered life.
Most people dream about working for themselves or even generating a full-time passive income. The attraction is fairly obvious in that one no longer needs to report to a boss, be hassled by the poor performance of other colleagues, as well as a multitude of other benefits. However, the most attractive aspect is the freedom! Being able to get your work done as you choose is very beneficial. An emergency or meeting up with a friend or family member can take precedence, as you can simply shift your workload to another time of day.
Ultimately, it creates freedom, and one’s efforts are not limited by a ceiling created by a wage or salary. For example, in most cases, no matter how hard you work, your salary will be exactly the same each month. You may in fact contribute twice as much to the company as a lazy employee and still receive the same salary as the unproductive employee. If you are able, to be honest with yourself you might see where I am going with this. Work or productivity that is generated in return for payment is what we all agree on when taking on a job or new position. However, what happens when that work exceeds the agreement without the payment being increased?
Often workers are exploited in that new additions are made to their list of responsibilities without any raise in pay. Furthermore, employees are often expected to produce outside of their agreed working hours due to “emergencies” and the like. This is a form of modern-day slavery and often goes unnoticed because it is the status quo.
On the contrary, working for yourself ensures that your work is rewarded, as there is no limit to your earning capacity. If you succeed at whatever you are putting your hand to, you receive the reward. Alternatively, if you succeed in the workplace, your boss or company enjoys the rewards, while you receive the same salary as the unproductive employee. It seems quite obvious about where you should be aiming and yet the majority opt for the illusion of “safety” in a job. In the same way, as earnings are uncapped in an entrepreneurial venture, they are also not guaranteed and this proves to be too much for some.
Why Is it An Illusion
This fear and illusion keeps them in this position, never willing to venture out beyond the safety net they place so much trust in. This idea of safety is very much an illusion as many will be able to confirm. How many lost jobs due to covid? How many went on to lose jobs due to mandates and other restrictive measures?
There is no security in a job, everyone is dispensable! It is harsh realizations like this that trigger change. Satoshi created Bitcoin after having an epiphany of how corruptible fiat money really is. People seek better ways to get things done and this is what so many have found in the Crypto world.
Risk For OGs Is Far Less
When you take into account that early adopters have generally made significant gains, it becomes clear that some have no need to work. Others have a significant nest egg to cushion them until they design and establish their own unique system/business and daily Crypto routine. The risk is less and makes it easier for them to abandon the status quo and begin generating independent income.
The Side Hustlers
Alternatively, many choose to hustle and work 15 to 18 hours a day, as they shuffle their day job with creating something meaningful within the Crypto space. The wealth of opportunities is literally mind-numbing and makes such rational sense to persevere, once understood. The masses are mostly unaware because to them, the only way to make money in Crypto is when prices take off. This is one of the greatest misconceptions that continues to fuel the “Ponzi” and “gambling” narrative, so prevalent in mainstream society.
DeFi, Play2Earn, Metaverse, NFTs, and countless other opportunities within the Crypto world are waiting for the knowledgeable to take advantage of and begin earning income. In many cases, the income is passive and the growth is way more significant than many are accustomed to. Those who have begun a journey within the world of Crypto can testify to the tremendous opportunity that is at hand.
Crypto is creating financial independence, as an entirely new economy seeks to create an entirely new “workforce”. Establishing even a side hustle within the Crypto space can be something that will add tremendous value to your financial life in years to come. This is obviously my own personal opinion and not necessarily exactly how the future will unfold. However, predictions are based on current facts, data, as well as how developments are currently unfolding.
I hope you enjoyed my thoughts on this topic and I hope to see you soon!
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
This article was first published on Sapphire Crypto.