Kids Don’t Value Bitcoin, Only Grown-Ups Do – Anton Tarasov

Kids Don’t Value Bitcoin, Only Grown-Ups Do – Anton Tarasov

Thrashing Bitcoin is easy, it has many problems. Still, Bitcoin provides something only a grown-up person would value — independence. If you don’t think of independence, you are most likely dependent on someone. You are a then simply a kid.

How do you perceive a visit to a hospital or a car repair? Do your research about the place first? When you go there, do you pay attention to how you are being served? Are you ready to take a stance if something goes wrong or you just pay and leave frustrated?

The majority of things that surround us in this day and age are human-made. Our ancestors had to think hard about circles and straight lines because they did not see these shapes as often as we do. Now we have straight tabletops from IKEA, perfectly round golf balls from Titleist and a whole bunch of other stuff.

But the human-made things don’t end there. There are even more abstract or intangible structures than there are material things. The hospital you go to has a corporate structure and a hiring policy. Your favorite car repair has a business model. Governments have policies.

Some people who made the stuff around us, both tangible and intangible, can be smarter than you. However, some can be as smart as you, or less smart than you. Hence, some of the human-made things and structures are flawed.

The world is full of good people, who have empathy towards others. Still, there are a lot of psychopaths and people who don’t care about others, only their goals. Hence, some of the human-made things are intentionally harmful.

When you eat that Doritos and sip Coca-Cola, you probably know they are bad for your health. You may have heard that junk food can cause all kinds of stuff. You may not know that it’s harmful, though. The outcome is the same.

Who is to blame? Manufacturers? Society? You? At the end of the day, why can’t you eat stuff that is not prohibited and sold openly? The government should protect you from harmful stuff, preserve your existence.

When you go to the hospital, you may expect that everybody there cares about you. That doctors know exactly what’s wrong and understand how to fix it. When you visit your car repair, you may expect the same.

Eventually, you end up with diabetes. You need to go to the hospital, but the car won’t start. You call a tow truck to take it to the car repair. They don’t know what’s wrong but do something random to revive your car, breaking other things on the way. You make it to the hospital, where a doctor prescribes an outdated drug because he didn’t attend any conferences for the past five years. The drug works poorly, compared to the alternatives.

Imagine that it all happened to you. When you will share your story with a friend, how would you summarize it? Will you blame people who sold you Doritos, messed up your car, or gave a wrong prescription? Or will you recognize that it was you in the first place, who should have analyzed everything?

Let’s look at the reality of it. We have at least a recession, likely a depression before us. The global economy is a human-made structure, so it’s flawed (some flaws are likely intentional). What do you do right now?

Were you laid off? Do you enjoy another stimulus check providing more than you earned working? Do you blame the government and your (former) employer for not taking enough care of you? Does it bother you that the printer goes ‘brr’?

If you were not prepared for this, you likely don’t have any bitcoin. You likely don’t have any savings. You are dependent on the government’s support. You are like a kid asking parents for some weekly allowance.

As the global economy came to a halt, what did you do? Did you recognize that you failed to hedge against the human-made economy? Did you take all the responsibility and move forward looking for ways out?

The government failed, you can say. It didn’t take enough precautions, its response to the outbreak was questionable. It destroyed the economy with quantitative easing. Yeah, I disliked some of my parent’s decisions too.

Now, that I’m a grown-up, I don’t want to bother myself with what my parents think or do. They may spend on whatever, go anywhere they want, I’ll just mind my own business.

When I fail, I will recognize that it’s my fault. Even if the circumstances were against me, I got there somehow, so for me it’s a reason to think why.

When I go to hospital, I check my doctor’s credentials. I double-check her prescriptions and have a second opinion doctor if needed. When I go to a car repair, I check reviews and ask questions.

When I need money, I hustle and grind. I work and look for other opportunities. I try stuff. I understand, that many times the money is not handed to me and I need to search for it.

When I earn money, I save and invest. I research how to hedge against human-made structures, including fiat. I don’t trust any custodian 100%, I try to avoid them altogether. I like to have control of my money and valuables.

I don’t depend on a healthcare provider, a car repair, an employer, or a government. At least I try to reduce my dependencies as much as possible. I’m a grown-up, I want to be in charge.

That’s why I believe in Bitcoin and crypto. I know how the system works and its flaws. I control my money and transactions. I take responsibility.

Nobody will print another 1000 BTC to help me and other folks sustain themselves during these times. We have to grind our way out of this predicament. We can do our best or we can give up and become poor, but it’s us to decide.

I don’t expect anyone to take care of me. I don’t blame anyone that it happened to me. I’m a grown-up. And I value Bitcoin. Do you?

Published at Sat, 30 May 2020 09:11:02 +0000

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