I don't hate traditional finance, I just love crypto.

in Reflections26 days ago (edited)

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It's not hate which motivates me, it's love.

  • I know that many non-crypto people I know ask me why I am interested in crypto. So I explain it in the simplest terms I can to avoid overwhelming them with the huge amount of information in my head. Information Dump

I am intrigued by and admire Traditional Finance

  • One of the most important thing I try to convey is that I love traditional finance, because the system is so incredibly interesting to me and a constant source of intellectual enjoyment.
  • I literally love learning about how banks work, stocks, bonds, and dividends work. Plus I love learning about whole life insurance, and especially stock options. I love options. Options are an investment which is based heavily on math and math is always reliable.

Don't hate the player, hate the game

  • I can't say I fully embrace this idea, but I understand it and embrace it's spirit, intent and it's wisdom.
  • I literally don't hate the Traditional Financial System at all.
  • I admire it for the intricate tool it is to produce wealth for those who learn to use it and extract wealth from it for themselves.
  • I am to some of my friends an enigma, because I don't always assign value judgements to things and people.
  • I personally view the world dispassionately at times...
  • I admire the hardwork and intellect that went into building financial constructs, which extract wealth from the system and in some ways I blame the game, not the player.

Humans are more alike then they are different...

  • I truly believe that all humans have very similar needs; food, water, clothing, shelter, friendship, love and success at their chosen profession.
  • And that we are born into our different microcosms of the world, and we all must play the game, we take the hand of cards we are dealt by life and circumstance and try to make the best of it.

I recognize right from wrong, but also recognize the utility or lack thereof of this perception and judgement.

  • So while I have personal moral principles of right and wrong taught to me by my parents, my peers, my mentors and all processed and clarified in my head. I am by my nature reluctant to judge others, except for the clearest crimes, and instead analyze what they have done, and frequently admire the work.
  • And so that is my attitude about Traditional Finance and that is my attitude about cryptocurrency.
  • I understand the shortcomings of Traditional Finance, and how it takes advantage of the weak and under educated.
  • I get it, but in my head, emotion clouds the mind, and I seek knowledge and clarity, so being a hater of Traditional Fiance is not an emotional I want to wear.
  • I understand why people wear it, and I respect their feelings and make no judgement about their feelings.

In my island culture we say "It is what it is..."

  • We are where we are, so we learn to work with what we are given,
  • So to me the facts of life are these simply realities that I need to understand and use, to better myself ,and better care for those I want to care for...that's it.
  • It's not that I don't care about injustice or inequality.
  • It's that I need a clear head / mind.
  • As much as humanly possible, I don't want emotion clouding my thinking when I try to make my life better.
  • I don't want to let my emotional state, make my physical situation worse.

Lastly life is short

  • I don't want to spend my limited time on earth hating.
  • I remember,
  • I acknowledge,
  • I learn and teach others, so these injustices can stop.
  • But I feel very little animus.
  • I recognize the reason for the animous.
  • But I feel the best way to deal with it, is to rise above it, be successful, and move on with your life.
  • End of rant.

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Sharing on Twitter.

There is no place for a soft-hearted person in this industry because there is both a lot of profit and a lot of loss here. Such people then start to feel sad.

Thanks for the share.
I agree 100% that in crypto you need to be tough, disciplined and follow rules.

Sharing on Twitter.

Thanks for the share.

Thank you.

Both traditional finance and crypto are fascinating. Like you, I enjoy learning about both.

In fact, I may shed a tear when Bitcoin and crypto finish swallowing the traditional finance system completely!

LOL!
I laugh but kow it's true
Everything about blockchain which is better then tradfi, will be embraced because of profit motive and efficiency

Crypto is not easy to play but I like it too. In some cases its better than stocks

I agree 100%
Crypto is hard, and theirs always a scammer lurking around, ready to pounce on the weak or the distracted or people who haven’t seen their scam before.

Thanks for spreading the word on X about my blog.

Welcome

I always tell people that if you are not actually strong emotionally, did not rushed to the crypto space if not it might not turn out well for you

I see the wisdom in those words of advice.
I agree.

I love your honest take on traditional finance and crypto.
You're not about hating the system, but rather understanding and learning from it.
Your calm and analytical approach is really admirable, and it's cool that you find joy in learning about finance and math.💪
I have no business with maths 😂

I am glad my feelings were visible.
It's all about the love of learning and admiration of functioning systems.
I always try to remember it's not about me.
:)

Yea
It’s great to know
More awareness like this would make people knowledgeable and adapt more to the changing times. Am also learning