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RE: Daily Crypto Markets Live Blog: Wealth Building Through Cryptocurrency (09/16/21)

They understand technology and are not afraid of it. We are going to see a huge wealth gain by the Millennials and younger generations due to digital assets. Bitcoin and others are exceeding the traditional markets like equities by a wide margin.

This is going to close the wealth gap very quickly.

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Yea, I'm seeing more and more young people getting early into crypto. I mean very young like 10 or so.

They will build a lot of wealth in their lifetime

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When I was 10, I used to play in the mud. 😏

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Exactly .

Most of the people who are not using crypto are not using because of fear. The fear which they had when computers was first used in Banks .

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I agree brother. I also was afraid of crypto and I missed the opportunity of getting into it during the very early days of Bitcoin.

But at least I learned my lesson and I'm building my wealth now

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Same here man. Although I joined way back in 2017 but did not get active until last year.

Now earning my crypto every day with or without doing the work. 😁

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Yeah, our parents and their generation struggle to get their heads around new tech. That's why we are seeing many young people nowadays excelling because they have a learning attitude.

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Young folks have the leverage to take risks early in their lives. Not much to lose anyway but a ton of experience to gain.

This is going to close the wealth gap very quickly.

That's the decentralization of money ✌ Would love to see it happening.

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This is one of the things I tell my younger. There is time to be everything that you want to be right now. Explore, experiment and have fun.

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Explore, experiment and have fun.

You are going to be the 'DADDY of the year', every year. 🚀🚀 🙏

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Lol that would be nice 🤭

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All they need is youtube and google to find out all the information they need. They aren't afraid of failing either.

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I don't think we need schools anymore. Internet is the best university that can teach you almost anything. Practical experience is important for which going to school is not required as such.

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Education is always needed. It's how we learn. What is not needed is schools as we know them in the form of government-run institutions known as "public schools."

Anyone who both has a family and a small business is in a position to teach Reading, Writing, and Arithmetic. All are needed to keep the family business operational and solvent.

Anything else we need to learn we can either learn it from a book or go through an apprenticeship to learn a craft under proper supervision.

  • Professional can gain mastery of the material in their chosen professions.
  • Trade schools can get the respect they deserve as they teach the various skills needed for supporting a wide array of people.
  • Performing artists can learn the artistic skills they need to earn their daily bread and perform for the public.
  • Lab classes would be available for anyone needing time in a lab (physics, chemistry, biology, computer science. etc.).

Should there be a need for schools to teach Reading, Writing, and Arithmetic, then they only need to cover those 3 skills; anything else can be learned at home, online by personal initiative, at a specialized school, or in an apprenticeship.

How cryptocurrency can fund education and schooling (not the "public school" systems) is another matter altogether.

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I think public schools are fine but they need to be step up a little. In fact, we need more of them but shouldn't be controlled by the government. It makes everything slow.

Private schools are businesses now, they don't teach but suck out the money from you. Can be better spent on other things.

Basic education is fine but even for that, we can use the internet, books, and homeschooling.

Ability to express yourself freely with the world, how to control and show your emotions, finances, empathy are some of the real-life skills, schools fail to teach us properly. They breed robots now who are hungry to win the never-ending rat race.

I am talking about India and this is more applicable to developing countries. Not sure how school education is there in the US. As you mentioned, it is only needed to learn basic skills like Reading, Writing, and Arithmetic. Nothing more!

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If the education system in India is modeled after that of the UK, then it's similar to what it is in USA.

If this is true, that means the people are India are screwed.

These days, degrees and diplomas are useless. Credentials such as those from specialized institutions or trade schools would be more valuable, but they may not be enough.

What could happen no matter where we are or who we are is to have testing to confirm competence before hiring. Another option could be using reputation as a way to determine if someone is worth hiring (something like Yelp for personnel or Yelp for workplaces; it can go in either direction).

Cryptocurrency is bringing about paradigm shifts in many areas, so it just make sense that we should expect a paradigm shift regarding education and schools and learning.

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