All spark, no fire

in LeoFinance4 years ago

Two electricians, two carpenters, a painter and plumber walk into a house...

There is a lot of activity around our place today and unfortunately, there have been a few slipups and oversights in various areas. One of them was that a cable for a power outlet was pulled through on the wrong side of a wall. While this wasn't a huge problem to correct, the correction means that three walls will need to be repaired and repainted, as they had to have a channel cut into them to hide the cabling. In Finland, it is quite common to have electrical wiring on the outside of the wall, but we have done our best to hide as much of it as we can, since we have put in a lot of new walls.

The electricians also found out that there was no cabling put in for the smoke alarms and now that the ceiling is in place, we will have to put in battery operated ones instead, rather than having them on the same network as all the rest. Not the end of the world, but still annoying.

The plumber is also looking into a leaking shower unit and according to him, we are going to have to get a plumber from the manufacturer to have a look also, as it is likely a warranty thing and will require them to check it. We have already contacted them and of course, they don't want to take responsibility either, even though it is still under warranty.

These kinds of things are no big deal for each individual error, yet when they are clustered together, they make quite an impact. Mistakes happen of course, even though there are plans made and conversations had, but they always seem to come at inopportune times when schedules and resources are tight and time and money is of the essence. Such is life.

There are a lot of things that are going on now and the coming few days are going to be pretty active around here, as we try to get all of the little tasks done, on top of all the big tasks. After that is done, we then have to clean every service we have, as the dust has got into every nook and cranny it possibly can.

On another note, I read a FUD article about Bitcoin, that had nothing to do with Bitcoin at all. Like I was saying in my article yesterday on how the media generates clicks, they are connecting anything they can to Bitcoin.

At first glance, it would appear that this criminal mastermind who was unknowingly hiring an undercover detective to kill his ex, was using bitcoin to mask his identity, which is obvious proof of what Bitcoin holders are like - until the last line.

Mr Berkett then made a final $US1000 ($A1300) payment through Western Union late Thursday, court documents show.

How come the title isn't "Man uses Western Union to complete hire of hitman"?

It is pretty shameful reporting in my opinion, but it is par for the course in regards to how the media behaves in general, as they focus on what will grab attention and meet the expected stereotypes of the audience. It is all just clickbait nonsense, while what is actually important, is given no visibility.

I was just in a session with a client and we were talking about investing, something that she is interested in, but doesn't talk about often. In the average world, very few people talk about investing with their friends, family or colleagues - because it is not culturally appropriate to do so, let alone go into details about it. This is something that I find incredibly poor in culture, as monetary issues are something that affects pretty much all of us, especially the average, yet it has been made a taboo to discuss.

However, it is because of our unwillingness to talk about these kinds of things that stories such as these can exist in the first place as anyone who has a little bit of knowledge and critical thinking ability would realize that the detail of using Bitcoin is irrelevant to the article itself and is nothing more than an oddity of the circumstances, not a focus. Recognizing this makes it very apparent that the headline is to manipulate the audience into reading, again like I said in the article linked, attracting both the for and against sides of the equation.

But, what is really the shame about the lack of discussion is that many people miss out on the opportunity to be influenced positively by their peer group. Our peer groups are highly influential on our lives, which is why social proofing is so valuable for validating a product or idea, but most of what we discuss in our groups are trivialities that have very little impact on our lives, especially in the areas where we are suffering.

While I understand the urge to avoid discussing pain points, not discussing them lowers our abilities to find a solution, making our suffering enduring or worsening over time. Having some honest conversations around the topics that affect us, can go a long way in helping us improve our knowledge and our approach to coping with or dealing with them, using the wisdom and experience of others to drive progress.

Surrounding ourselves with conversations that avoid these areas effectively decreases our ability to deal with them and can leave us bitter, believing that the world is not fair because the neighbor has a new car while we are struggling to pay for groceries.

Perhaps the difference of willingness to have difficult discussions relates to whether we have a growth mindset or not and if we are truly interested in improving ourselves. Those who want to improve will seek out the information and skill development sources that can help them down the path, which includes assembling a reference group of peers who can support the growth and most likely, people who are also looking for support. This creates a not only a growth opportunity environment for the individual, but each individual adds to the value of the group, potentially compounding gains by combining experiences and some shared resources.

Of course, we in crypto are outliers in the discussions surrounding economy, finance and investment, with a lot of the reason because of the general mindset of transparency and accountability in the industry. As such, we as a group have also been instruments in building and supporting the growth of the industry in ways that allows us to be individual owners, as well as being able to pool our individual resources to be part of a peer group that compounds our values in various ways, as we are simultaneously both private and cooperative banks, as well as owners, investors, operators and consumers.

While the sparks fly in the media to attract attention, they are generally focusing on the irrelevant aspects of the industry, while what is valuable is the fire burning hot throughout the community, a fir that will consume much of the traditional economy in the coming decade or two. As attention around Bitcoin and crypto increases, more and more people will be introduced to not only the freedom of economy and currency, but also the freedom of discussion of these things publicly, in ways that the public has never done before and once this habit begins, a whole range of other topics are going to be brought into the fore and, many questions about the status quo problems are not only going to be raised, but be solved.

Just like with all of the people involved in building my house, where there are going to be communication errors and failures of various kinds, as timing, resources and communications misalign, the dramas and failures of crypto will smooth out eventually and the industry will come together and be ready to comfortably live in. But, if you want to have input into the design decisions, you have to have some skin in the game, otherwise just like most on the internet - it is all spark and no fire, while trapped on the wrong side of the wall.

Taraz
[ Gen1: Hive ]

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All of these negative headlines are meant to scare people into selling, so the big guys can waltz in and scoop it up at a cheaper price. It's discussing how the ones in power can manipulate the market. They don't fool me for one second, nope I'm not taking the bait. HODL.

The flipflop on so many of their positions, as long as it suits themselves. I am pretty sure that China for example isn't going to give up mining something that can be used as a global economic tool.

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The media is a real ****show right now. Sensationalism is the order of the day guess.

Surrounding ourselves with conversations that avoid these areas effectively decreases our ability to deal with them and can leave us bitter, believing that the world is not fair because the neighbor has a new car while we are struggling to pay for groceries.

We tend to avoid these kind of conversations for some reasons, especially among familiars. Even for me, I still am more comfortable discussing finance issues with strangers/acquaintances than with those who know me at a very personal level. Am trying to open up though, but can't help wonder why we do that

Even for me, I still am more comfortable discussing finance issues with strangers/acquaintances than with those who know me at a very personal level.

It is like talking with the barman or the hairdresser - strangers hear all the secrets as there is no cost in telling - no judgement.

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Gotta love the random stuff one can find when working on old houses XD

not so much when it's structural x_x

Sounds like there's some good movement on the reno front at least?

Yea, it is moving along :)

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You make a good point that in order to have the difficult conversations someone has to want to grow. I find this to be true in all aspects of life. The cluster of problems is usually created by people who have no empathy towards others and lack self awareness. Even a plumber could do the best job if he is genuinely preocupied with growing professionaly. You see, personal development or lack of affects us in our everyday life. It is often disregarded and yet it has the biggest impact of them all

Imagine if everyone made a conscious decision to have a skill growth mindset.

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Oh we would live in a better society, no matter where we would be

I read this when we arrived back here now.

Bitcoin takes a dive: The end of cryptocurrencies?

Bitcoin plummets
After a cycle of boom and a significant rise in its price, bitcoin has fallen and seems to have entered an unstoppable phase of decline. On Wednesday, May 19, it dropped 40% below its historical maximum. What are the reasons for this dive? Is it a passing event or does it mean the end of cryptocurrencies?
Source

No explanatory write up and only a series of intelligble slides.
So how's this far a scare tactic? FUD is the term I believe.

Yes, the channeling for the cable is cut with an angle grinder and that thing spews dust everywhere.
Unless if they used a Jig saw, but even that will create a lot of dust. We normally use a mobile vacuum machine, like the one that motorists use and run it alongside the Jig saw while it's cutting to suck the dust up. Much cleaner.

You need to hammer that manufacturer with the threat of legal action to get them to shake a leg, as they do the same here and we threaten them with the ombudsman.
They also don't like the threat of negative publishing on social media as it costs them sales.
So you have some tools to bend their greedy necks into humble obeyance.

Yep. There is a lot of FUD.

The thing with the channel is that it should have been done weeks ago when I asked, but it was put in hold for this one and then, put on the wrong side of the wall. I have quite a bit of stuff to fix tonight... endless.

With the shower, yes - it is going to be a bit of a fight and I don't think it will be resolved before the inspection - But I am guess the inspector won't be taking a shower here ;D

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Ah man, I wish I was there to help, but the pond between us is too big and my canoe will never make it.
When you say that they put it on the wrong side of the wall, do you mean that the switch box is mounted on the wrong side?

It might not be a bad thing that you had to go with the battery smoke detectors. Unless you have some kind of battery backup that could end up saving your life if a fire starts during a power outage. I think this weekend I will likely be having some conversations with my friends about cryptocurrency. They have been interested in the past, so I think they will be pretty receptive.

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Unless you have some kind of battery backup that could end up saving your life if a fire starts during a power outage.

Yeah, I have wondered about this, but I think they have a backup battery in them that last for some period - but will have to check also. Also, I can't remember the last time the power went out anywhere I have been in Finland. The grid is surprisingly robust here.

They have been interested in the past, so I think they will be pretty receptive.

No one needs to ape in to it, a few dollars here or there is enough to start - plus interacting here helps them get used to the conversation around it.

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Yeah, I have talked to them about it countless times over the years, but as is the case, it is the recent publicity around crypto that has them more open to it I think. Baby steps will definitely be the theme!

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One of the benefits of hype is that some people start paying attention - many will get burned, but some will hold and see the other side's gains :)

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Most media is headline driven and stupid. I feel like I've been seeing the same five sensationalized headlines about bitcoin/crypto since the day I started paying attention years ago.

Boom, bust, scam, useless, risk.

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It is pretty shameful reporting in my opinion, but it is par for the course in regards to how the media behaves in general, as they focus on what will grab attention and meet the expected stereotypes of the audience. It is all just clickbait nonsense, while what is actually important, is give

Umm! This is nothing but absolute truth. You know in our world today humans are moved by what they see and hear. So the media's own way to drag attention is to use an eye appealing bait just to get the attention of their audience.
I won't really blame them you know they do what gets our attention cause on reading such headline definitely so many people would rush to listen to the full story and what happened in the end but eventually end up getting the wrong but main information the media was actually trying to pass across.


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They are not to blame, we are. It is the law of supply and demand in action and they supply what we demand. The only caveat is that they are also able to control the narrative of what we want to demand.

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When I see articles as the one above, it makes me question whether crime isn't funded by fiat currency before the inception of crypto? It's crazy asides from the cheap publicity which the article seeks I believe the news in itself is crazy FUD like you pointed out.

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Most crime is done with US dollars I think - even after crypto :)

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But then the emphasis seems to be on crypto a whole lot. Like its just the scapegoat

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Many haters of bitcoin are using many media platforms to promote their hate for bitcoin..it is sad though..


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No-coiners be jelly ;D

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Big enough mistakes can have a big impact on others. Hopefully it can all be a lesson for others, good information bro @tarazkp

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