Times change but wisdom stays the same. Check out this collection of inspirational Latin proverbs and find one that really resonates with you.
Wisdom surpasses time and place. Powerful thoughts spoken hundreds and thousands of years ago still ring true to us today.
One of my lifelong pastimes is collecting positive thoughts of all stripes. I have whole documents dedicated to inspirational quotes from people I look up to as role models, uplifting and motivational affirmations I’ve discovered over the years, and personal thoughts (every now and then I create a good one all on my own!).
Latin proverbs, in particular, possess a special power. Many of us are already familiar with a few popular ones: carpe diem (“seize the day”), cogito ergo sum (“I think, therefore I am”), or veni, vidi, vici (“I came, I saw, I conquered”).
These phrases have endured over the centuries, with some becoming part of our everyday discourse and others adopted as popular sayings in various institutions, such as primum non nocere (“first, do no harm”), a common saying in medicine and healthcare, or pro bono (“for the good”) a phrase in law referring to a lawyer working for no charge, or sic semper tyrannis (“thus always to tyrants”) which is often applied to politics and government.
Here’s a compilation of the more popular and noteworthy Latin proverbs. These cover a broad range of subjects and ideas, but you’re bound to find a few new ones that resonate with you.
50+ Motivational Latin Proverbs
Acta non verba (“deeds not words”)
Ad meliora (“towards better things”)
Ad victoriam (“to victory”)
Audere est faucere (“to dare is to do”)
Astra inclinant, sed non obligant (“the stars incline us, they do not bind us”)
Bono malum superate (“good will overcome evil”)
Carpe diem (“seize the day”)
Calamus gladio fortior (“the pen is mightier than the sword”)
Cogito, ergo sum (“I think, therefore I am”)
Cras es noster (“tomorrow, be ours”)
Dictum factum (“what is said is done”)
Duc, sequere, aut de via decede (“lead, follow, or get out of the way”)
Dum spiro, spero (“while I breathe, I hope”)
Ego te provoco (“I challenge you”)
Est modus in rebus (“there is a middle way in all things”)
Faber est suae quisque fortunae (“every man is the artisan of his own fortune”)
Familia supra omnia (“family over everything”)
Fons vitae caritas (“love is the fountain of life”)
Fortiter et fideliter (“bravely and faithfully”)
Gladiator in arena consilium capit (“the gladiator is formulating his plan in the arena”)
Grandescunt aucta labore (“by work, all things increase and grow”)
Igne natura renovatur integra (“through fire nature is reborn whole”)
Incepto ne desistam (“may I not shrink from my purpose”)
Magna est vis consuetudinis (“great is the power of habit”)
Memento mori (“remember you must die”)
Memento vivere (“remember you have to live”)
Memores acti prudentes future (“mindful of what has been done, aware of what will be”)
Morior invictus (“death before defeat”)
Non ducor, duco (“I am not led, I lead”)
Nosce te ipsum (“know thyself”)
Omne initium difficile est (“every beginning is difficult”)
Ordo ab chao (“order out of chaos”)
Palma non sine pulvere (“no reward without effort”)
Pax vobiscum (“peace be with you”)
Praesis ut prosis ne ut imperes (“lead in order to serve, not in order to rule”)
Praemonitus, praemunitus (“forewarned is forearmed”)
Pro bono (“for the good”)
Primum non nocere (“first do no harm”)
Qui non proficit, deficit (“he who does not advance, goes backward”)
Qui totum vult totum perdit (“he who wants everything loses everything”)
Sapientia potentia est (“wisdom is power”)
Si vis amari, ama (“if you wish to be loved, love”)
Sic parvis magna (“greatness from small beginnings”)
Sic semper tyrannis (“thus always to tyrants”)
Sic vita est (“such is life”)
Suum cuique (“to each his own”)
Tempus fugit (“time flies”)
Tendit in ardua virtus (“virtue strives for what is difficult”)
Ubi concordia, ibi victoria (“where is unity, there is victory”)
Vacate et scire (“be still and know”)
Veni, vidi, vici (“I came, I saw, I conquered”)
Verba volant, scripta manent (“words fly away, writing remains”)
Vincit qui se vincit (“he conquers who conquers himself”)
Vis medicatrix naturae (“the healing power of nature”)
Recommended Exercise
Which ones do you like the best from the list above?
Choose 1-3 of these Latin proverbs and find a way to integrate them into your daily life. Practice unconscious positivity: write one down and post it on your fridge or bathroom mirror, create a piece of art or music dedicated to one, or make one into a digital password.
I have “cras es noster” (tomorrow, be ours) on the top of my whiteboard going into the new year.
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Start the year strong with our new series, beginning with a foundation of 3 frameworks that will change everything.
There’s always talk of resolutions and life change this time of year. For many of us, the holidays represent the annual peak of veering off course whether it’s health, a side project, or career-trajectory related.
Family functions and gift gathering and the barreling corporate train toward the end of Q4 don’t leave a lot emotional energy for nice-to-have future goals. Plus, lots of great food you don’t get the rest of the year can take priority over weight watching.
But now it’s January: “New year, new me.”
Inevitably, with all the talk of resolutions, there’s been increasing scorn of the yearly revamp. The pessimistic naysayers dismiss resolution-goers as dreamers who will be off course by February. They commiserate with the other regulars at the gym about all the new people and how hard it is to get a squat rack now.
What bothers me more about the negativity surrounding resolutions is the dedicated and diligent among us, who sneer, “I don’t wait for New Years to recalibrate.”
The tradition of New Year’s resolutions, originating about 4,000 years ago with the Babylonians, has evolved from religious promises to gods into modern secular commitments focused on self-improvement.
The cycling of the calendar is used as a reminder to recollect oneself and refocus on whats important.
New Years Reflection = Meditation
On a different scale, this is exactly the same as the introspective and restorative practice of meditation. In mindfulness meditation, for instance, you sit and attempt to focus on your breath. You will inevitably start thinking, maybe even immediately. But when you realize that you’re distracted you return your focus to the breath.
Some people may use a guided meditation app like Headspace while others make use of timed gongs, but the purpose is the same: To use an outside voice or sound as a reminder to check if you’ve become distracted. If you have, refocus on the breath.
But just like meditation, in life it’s easy to come to and realize, oh wow, I’ve been distracted from what’s important, for like, a long time. In both situations it can be incredibly disheartening and frustrating. “I’ve tried to make goals before, and look, I got nowhere with them. What’s the point?”
To do this is to miss the point of the process.
The following 3 frameworks will serve as the mindset for determining what will create a fulfilling life for you and result in meaningful change. Over the next week, we’ll highlight practical tools and methods that can help you rediscover what’s truly important to you.
When You Get Away from Your Goals & Habits, “Simply…Begin Again”
Prominent meditation teachers like Sam Harris and Joseph Goldstein offer a tip for when we get distracted: Release the disappointment or frustration, don’t chastise yourself or give up – simply refocus your attention on what’s important and begin again:
This meditative wisdom can be a powerful tool for our New Year restarts for our goals and ambitions. Instead of succumbing to disappointment when we realize we’ve strayed from our fitness, nutrition, or other personal goals, the mantra of “just begin again” encourages us to refocus. It’s a call to realign with what truly matters, not the fleeting emotions of disappointment or past failures.
This approach values resilience over perfection. It acknowledges that the path to personal change is not linear but inherently filled with ebbs and flows. By adopting the practice of “beginning again,” we foster a mindset that embraces every distracted moment as a new opportunity, a fresh start to recommit to what’s important, as Harris says, that is “free from the past.”
But even when you wake up from distraction, how do you determine what’s important? Or what if you’re not emotionally connected to what you’re focusing on? What if you lack the drive to formulate what changes you want to make?
The Centuries Old Ground Rules for Change
Establishing a set of founding principles can be incredibly helpful when it comes to defining what’s truly important in your life and creating lasting and meaningful change. An ancient Tibetan practice called Lojong, which translates to “Mind Training,” offers a profound perspective on this.
Lojong begins with what are known as the “Four Preliminaries.” They are ‘preliminary’ not because they are less important or basic, on the contrary, they are the core principles everything is based on.
The tenets of the Four Preliminaries establish a brutally honest baseline of the reality we all live in and can serve as a sobering perspective as we begin again this year and decide on the types of changes that would be most meaningful to us individually.
Here is a new vision of each, in a modern secular approach for making positive change. Embrace these as the core principles your goals will be based on.
First Preliminary: Reconnect to The Preciousness of Human Life
It is easy to fall into a river of apathy, letting the tasks of our work, our family obligations, and cultural expectations dictate our life. To let the natural flow of life to define what our life is or could be.
Amidst billions of humans who have lived before us and countless more who will follow, the mathematical infinitesimal rarity of life forming into the highly specific and unique combination that became You is staggering.
In a universe where matter can neither be created or destroyed, the building blocks constituting your body could have coalesced into anything else—space gas, a primitive rodent on the bottom of the food chain 50,000 years ago, or my monstera plant that never stood a chance.
Yet, here you are—the result of an inconceivable culmination of billions of years of cosmic events. Literally everything that has ever happened in the universe had to happen just as it did for you to find yourself right here, reading this, probably on your phone, while using the bathroom.
And since matter isn’t destroyed, after you’re gone, parts of you may end up as space gas, a rodent, or some other writer’s dead plant. You’re here, in the face of improbable odds, only temporarily.
→ As we begin again, refocusing from distraction, the initial Lojong preliminary reminds us to get out of the flow of the apathy river prompted by the essential question: “What will I do with this rare human life?”
Second Preliminary: You are Going to Die, Guaranteed
Humans are wired in a weird way—we all start our lives with an unspoken assumption that the pain and death others experience are distant specters, while we remain immune.
We have a knack for sticking our fingers in our ears and going “lalalalalala” when it comes to thinking about our guaranteed death. It’s an uncomfortable, even taboo subject, one we all, culturally and individually, avoid.
But the truth is undeniable: Each of us will face our mortality, and how much time we have left can never be known.
This second preliminary serves as a flag boldly planted proclaiming the impermanence of everything. Anything that can die, will die.
Facing the reality of death unveils insights and benefits that transcend the fear it often instills. As we grasp the impermanence of everything, including our own bodies, it becomes clear that excess money, possessions, and even the companionship of friends cannot provide solace when we inevitably face our death.
But paradoxically, this isn’t meant to cast a shadow of hopelessness; but instead illuminates the significance of this, and every future, moment.
Have you ever put a project off to the last minute, having a fraction of the time you thought you’d have, only to be impressed with just how much you got done in so little time? A realistic sense of just how little time we have can do the same for your life.
Coming to terms with the inescapable nature of our mortality becomes a potent motivator.
Unfortunately for many people this acceptance only comes at the end of life, reflecting on how life could have been lived, if only they could have understood what’s at stake: One day, it will be the last day.
→ You can embrace this in every moment, from here on.
Third Preliminary: Your Actions – or Inactions – Have Consequences
Karma as it’s thrown around in our culture is often misrepresented as an ominous, mystical cosmic justice system that will punish you if you do a bad thing.
Karma, in its essence, is the principle of cause and effect.
As a foundation to beginning again, it’s an acknowledgment that our actions or inactions will shape the reality in which our future selves will exist.
Starting your own business or joining a gym for the first time will not guarantee you achieve your desired outcome. Between the two versions of yourself—one who makes an effort and the other who doesn’t—the possibility of success exists only for the one who tries.
Regardless of how “real” any self-sabotaging thoughts may seem, the third preliminary sets in stone an inarguable truth: If you don’t take action, you will only end up with outcomes that can result from inaction.
→ If there’s a change you want to make, only you can initiate the cause that results in that effect.
Fouth Preliminary: Dedicating Your Life to Only Worldly Goals is Unfulfilling
When we hear about goals in modern media, they often revolve around familiar aspirations: launching a business to amass wealth, climbing the corporate ladder to secure a prestigious position, purchasing a home that exudes pride and investment potential, or getting shredded to be more attractive to potential partners.
However, as we begin again, the fourth preliminary reminds us that our goals should not be solely centered around attaining desirable possessions or status and self-worth.
As we refocus, it’s essential to embrace that while it’s acceptable to set goals that yield such outcomes, they alone will not break the desire-fulfillment cycle.
→ Think of the emptiness of short-term pleasures, such as binge-watching TV shows or indulging in excessive eating. Focusing only on superficial goals like wealth, status, and image across a lifetime create the same result.
Rethink Your Entire Approach with First Principles
Now that we’ve dropped our ego and embraced a fresh restart, with some sobering reminders about the reality of life, we move to the final framework that centers not only on the why, but the how.
First principles thinking, a popular business concept rooted in philosophy and popularized by figures like Aristotle and more recently Elon Musk, involves breaking down complex problems into their most basic elements and then reassembling them from the ground up for a holistic, previously unknown solution.
In business, first principles thinking is used to innovate and solve problems in a radically original way. Instead of following the usual methods or traditional industry practices, leaders and entrepreneurs deconstruct ideas to their basest elements. They then rebuild these ideas from scratch, leading to innovative solutions and strategies, not encumbered by the problems of existing ones.
A classic example of this was the wait time in an office elevator lobby. The office goers were constantly complaining about how long it took the elevator to arrive with how many people needed to get up and down during peak hours.
The building owners looked into upgrading or replacing the elevator system but due to the limitations of the building design and the estimated cost, it was clear that wasn’t feasible.
So the problem was reduced to its basest parts to find a solution:
People are angry because they have to wait too long for the elevator.
The speed of the elevator cannot be changed.
That may seem like an impossible problem to solve, but the solution was ultimately super easy and affordable.
Instead of solving the riders’ annoyance at the long wait time, the building owners installed large mirrors and televisions with the news, sports, and other content of interest.
The elevator speed did not change – but the complaints about the wait time completely stopped. The building couldn’t solve the riders’ perceived problem (the elevator speed), but they could make the actual problem (their awareness of waiting) go away.
As we begin again, don’t just restart the same old process you’ve been using for your goals, fitness habits, or relationships that may not have ever been able to solve the problem.
Apply first principles thinking to your personal goals and resolutions by stripping down your goals to their most fundamental truths and reflect on new ways that may solve the problem in a more frictionless way.
→ Ask yourself, “What is the true purpose behind this goal? What do I know is true and what am I actually trying to achieve?”
Over the next couple of weeks, we will be exploring tools and strategies that will help to begin again and refocus on what is actually important to you, using the ideas of these 3 frameworks as a foundation for dramatic and meaningful direction:
Simply begin again: If you realize you’ve become distracted from your habits or goals, don’t get demotivated. Clear your head and begin again.
All decisions and brainstorming should reflect the four preliminaries:
Your life is unfathomably rare, make use of it
You will die. Your life is shorter than it seems, act with a sense of urgency while you still can
The universal law of cause and effect. If you want change, you must take continual action.
Fulfillment is not possible from buying things or being seen as important alone. Don’t forget to anchor your ambitions to things that are not based on acquiring money, things, or status.
Don’t just blindly continue on a path that may not be working. Break your ambitions, goals, or problems down to their base ideas and create previously unknown, innovative solutions using first principles thinking.
An honest review of 2023, featuring stand-out articles, practical worksheets, and a preview of the near future at The Emotion Machine.
Another year is coming to an end. It’s time for my annual recap and roundup of best articles.
To start, I’ll say this year was a good year for me overall. Not excellent, not bad – but “good.” It was more turbulent than past years and I certainly had low moments, but I adapted quickly and made a couple major habit changes that are going to payoff big in the future.
Despite the chaos, I was remarkably consistent in my output this year. After a decade working on this site, creating new content is almost automatic for me. There’s no reason to assume I’ll be slowing down anytime soon, as new ideas and new projects are constantly coming to mind.
Last year I pledged to make one new worksheet per month, so we already have a nice collection of 12 available going into the new year. These have received a lot of positive feedback so far and I’ll keep making new ones in 2024 (already have a long list of ideas).
I’ll share more on my goals for 2024 soon, but let’s first take a look at the best self-improvement content that was published at The Emotion Machine in 2023…
Best Articles/Worksheets of 2023
Here’s a list of my best articles and worksheets from 2023 by category.
I haven’t yet worked on my goals timeline, an annual tradition I do at the beginning of every year, but I’ll give you a quick peak at my main work goals in the near future:
Worksheets – As mentioned, I will definitely continue making one new worksheet each month. They are easy evergreen content and I’ve received compliments on them. The “Daily Routine” PDF will be coming out mid-January 2024.
Coaching – I’m bringing this back. Took most of the year off to focus on website but I think coaching is one of my better and more rewarding strengths. I already set up a calendar for easy scheduling and updated my coaching page.
Podcasting – I have too many thoughts per day that could be turned into valuable content but never materialize anywhere. “Everyone has great ideas, but not everyone acts on them.” Just pressing the record button and letting my mind riff is easy content that I think people will find interesting. I just need to suck it up and do it. I already have a Soundcloud (with a lot of old content) that I just need to reactivate.
Literary Agent – This is new territory for me. I’ve been working closely with an upcoming author friend and we’ve been making plans on finishing her first manuscript and sending pitches to publishers. She just finished the rough draft last week, but I’m going to be working with her more closely on editing, feedback, and reaching out to publishers once we have things tidied up. I still need to do more research but it could be a good avenue for me. It plays on multiple strengths: 1) Understanding the creative process, 2) Motivating people to actually finish their projects, 3) Finding people who have talent and potential, 4) Rooting for other people’s success. It feels like a natural outgrowth of a lot of my past work with creative people (at music venues, art galleries, and coaching various writers, artists, musicians, and filmmakers).
Articles – This isn’t changing. I’ll still be publishing at least one new or updated article every week. These make up the backbone of the website and I have no shortage of ideas and no reason to stop writing them anytime soon. If you want me to write about a specific topic, just use the contact page and let me know. I have many interests but it’s easier for me to cater to what you guys want. Feedback makes the site better.
All in all I’m excited about 2024, and the ideas above feel like a perfect balance between “sticking with what works” vs. “trying new things.”
Join Me In 2024
If you find this work valuable to your life and want more, join me and support me going into the new year.
My entire archive currently has over 850 articles covering a wide-range of subjects in psychology and self-improvement; and there’s plenty more to come in the future. I’m just getting started.
To be honest with you, some of my earlier articles may not have aged as well as others. When you consistently produce content over 14 years, you inevitably release some less-than-stellar pieces. It’s a part of the process – having both “winning streaks” and “losing streaks” is a universal theme in life.
Over the years, my beliefs, values, and interests have also shifted since I first started this site. There are things I wrote in the past that I don’t wholly agree with today. However, I choose to keep these old posts accessible because people often need different advice at various stages of their lives.
I bet that’s not the hottest sales pitch you’ve ever heard. At heart, I consider myself a teacher more than a salesman, and that means being sincere, honest, and truthful before everything else. If you’re looking for “one trick” to magically fix your life, you’re in the wrong place. I don’t have those – never found them.
All I can do is offer an array of tools, advice, and guidelines. You ultimately have to figure out what applies (or doesn’t) to your life. In truth, 80% of the content on this site may not interest you at all, but there’s that 20% that could be just what you need at this exact moment in your life.
What I can promise you is that I’m one of the most dedicated writers on self-improvement currently going. I’ve seen thousands of other “self help” sites rise and fall over the years, but I keep chugging away no matter what.
If you want to align with my commitment to happiness and well-being, then your first step is to join me.
Better yet, get a Yearly subscription, for two simple reasons: 1) You’re committing yourself to a year of self-improvement, and 2) It’s cheaper. I’m honestly saying this from a self-improvement perspective and not a sales one.
Let’s Go…
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Embark on a journey to well-being with these four profound Japanese concepts: Ikigai for purpose, Moai for community, Hara Hachi Bu for mindful eating, and Kintsugi for resilience. Discover insights to a healthier and happier life in the modern world by embracing the ancient wisdom of Japanese culture.
Culture is a powerful force that influences the type of person we become. In the pursuit of well-being, different cultures can often teach us different lessons on what it means to live a good life.
First, what is culture? The American anthropologist Edward T. Hall created the “Cultural Iceberg” framework to help us analyze the many factors that determine what a culture is. The theory illustrates that only 10% of culture is what we see (language, diet, music, fashion), while 90% of culture is hidden from us (beliefs, values, norms, and expectations).
Here’s what the “Cultural Iceberg” looks like:
Generally we see the culture we grew up in as the default mode of being. This includes how people dress, what people eat, and what music they listen to, but also deeper aspects of life such as beliefs, values, morality, and how people approach life from a broader perspective.
Culture, tradition, and social norms shape our map of reality, the choices we make, and how we navigate our world. If you’re raised in a society that only values materialistic goals like money, fame, or popularity, you’re naturally going to live a life in accordance with those values, especially if they go unquestioned.
When we explore new cultures through traveling, reading, or meeting new people, we learn that there are many different ways we can approach life and the way we were raised isn’t necessarily the only way to live.
One simplified but general way we can categorize different types of culture is Western vs. Eastern ways of thinking. Western cultures tend to be more individualistic, rational, and materialistic, while Eastern cultures tend to be more collectivist, holistic, and spiritual.
Keep in mind, these are broad categorizations. Every country and culture is different. This also isn’t a judgment of “right” or “wrong” ways of thinking, but rather observing different personality types on a cultural scale.
My experience from a Western perspective is that learning about various aspects of Eastern culture and philosophy (such as Buddhism, Taoism, or Confucianism) gave me a taste for different ways to look at the world and different perspectives on life that I otherwise wouldn’t have been exposed to.
One popular country to look at is Japan which has a rich history, deep cultural roots, and long-held traditions that have been passed down over multiple generations. In this article, we’re going to cover four powerful Japanese concepts that provide universal lessons on how to live a healthier and happier life. Each concept reveals core values and beliefs that shape the way many Japanese people live.
These powerful ideas include: Ikigai (“a reason for being”), Moai (“meeting for a common purpose”), Hara Hachi Bu (“belly 80% full”), and Kintsugi (“golden repair”). Now let’s dive deeper into each one!
Ikigai
a reason for being
The Japanese concept of “Ikigai” is about finding a purpose in life. It directly translates to “a reason for being,” and it’s often described as the intersection between what you love, what you are good at, and what the world needs.
Ikigai is a combination between intrinsic motivation (an activity you enjoy doing) and extrinsic rewards (an activity that creates value in the world and improves people’s lives). Psychology research has shown that ikigai is associated with elevated feelings of dedication, accomplishment, meaning, and fulfillment.
This is in contrast to a lot of other cultures that just see work as a means to a paycheck or higher income, rather than reframing work as something that serves a higher purpose, both to yourself and society as a whole.
Ikigai has been shown to benefit both physical and mental health. It can reduce stress and anxiety, which contributes to longer lives and less risk of cardiovascular disease and other ailments. In addition, ikigai is associated with greater resilience in the face of negative events. One interesting study found that ikigai helped people better cope with stress after an earthquake or natural disaster.
Here’s a visual of what constitutes ikigai:
If you can find activities that meet all of these requirements, then you’ve found your ikigai.
Discovering your ikigai can take time and patience though. It involves careful introspection, understanding your strengths, passions, and talents, and finding ways to use those powers to fulfill the needs of the world.
Once you find your ikigai, it’s important to align your daily activities with it if you want to build a more purposeful and meaningful life.
Moai
meeting for a common purpose
Human connection is vital for our well-being, and the Japanese practice of “Moai” emphasizes the strength of communal bonds.
Moai refers to a group of people who come together for a shared purpose, providing emotional, social, and even financial support. Often a moai includes family, friends, and neighbors within a local community. They will see each other frequently, talk and catch up on each other’s lives, and organize group activities such as game nights, fitness groups, music performances, or dance parties.
This tight sense of community provides an important sense of belonging. It also comes with physical benefits like healthier lifestyles, exercise, social connection, and financial support if someone finds themselves in a tough situation.
In today’s world, many people are suffering from loneliness and depression. One major cause of this is hyper individualism and atomistic lifestyles that no longer promote community values. Many Americans report having zero close friends and only 38% say they have “5 friends or more.” This is in stark contrast to the moai way of life which can often include 10-12+ lifelong friends.
While there’s plenty of research showing the physical and mental benefits of social support, one of the most common examples of moai can be found in Okinawa, Japan, which has been identified as a “blue zone.”
Blue zones are places around the world that are associated with better health and longevity. Often there are high numbers of centenarians in them (or people who have lived over 100). The recent Netflix documentary Live to 100: Secrets of the Blue Zones by public health researcher Dan Buettner has a great episode dedicated to Okinawa that shows how the moais work there.
Many health professionals and experts are now claiming we are in a “loneliness epidemic,” with over 1 in 4 adults saying they feel socially isolated. This can have serious health consequences such as increased risk of anxiety, depression, heart disease, stroke, dementia, and overall shorter lifespans. The negative effects of loneliness have been compared to the effects of daily cigarette smoking.
As communities continue to decline and feelings of social alienation increase, the moai mentality is needed now more than ever.
Hara Hachi Bu
belly 80% full
In a culture often associated with healthy living and longevity, the Japanese concept of “Hara Hachi Bu” teaches us the art of mindful eating. Translated as “belly 80% full,” this practice encourages moderation in our meals.
Obesity is a growing problem around the entire world. Recent reports show that 39% of the global population in 2023 is obese or overweight, and this is a sharp increase from 23.9% in 2008. If this trend continues, researchers predict that over half of the global population will have obesity by 2035.
One factor in this rise in obesity is having abundant access to ultraprocessed foods, including the convenience of fast food and junk food. The modern diet is filled with supernormal foods that hijack our natural instincts for sugar, salts, and rich flavor, which is why many people end up over-eating during meals or late night binging.
The lesson of Hara Hachi Bu is more relevant now than ever. By reminding ourselves to only eat until we are 80% full, we encourage slower and more mindful eating. This lets you enjoy your meal more by paying attention to each bite and savoring it, rather than quickly moving from one bite to the next without fully appreciating it.
Many people eat unconsciously. Often it’s eating while watching TV/movies, checking their phones, scrolling social media, or socializing with friends. Their main focus is on one thing, while eating is just something happening in the background. These distractions can lead you to eat more than you otherwise would.
Slowing down your eating will lead to less consumption, better digestion, and improved body awareness of how you respond to certain foods, the best times of the day to eat (or not), and what it feels like to be “50% full” → “80% full” → “100% full” → “110% full.”
Adopting Hara Hachi Bu not only contributes to physical well-being by maintaining a healthy weight but also cultivates a mindful approach to eating that can lead to a stronger connection with the food we consume.
Kintsugi
golden repair
Derived from the Japanese words “kin” (golden) and “tsugi” (repair), Kintsugi is the art of repairing broken pottery with lacquer mixed with powdered gold, silver, or platinum.
Here’s what it looks like:
Instead of hiding the cracks and flaws, the practice of kintsugi embraces the broken parts by highlighting them in gold. It celebrates its imperfections, while at the same time making them stronger and more beautiful.
Many find inspiration when applying this concept to their personal lives. It helps them to accept the challenges and obstacles they’ve had to face over the years – the physical, mental, and emotional battle scars – and see them as jumping points for growth and improvement.
No one’s life is perfect. We all suffer from weaknesses, flaws, insecurities, and vulnerabilities. Our instinct is to hide them, ignore them, or deny them, but the paradox is that when we accept them is when we actually become stronger.
Kintsugi promotes resilience, growth, and grit. It shows that no matter how many times you get broken, you can always repair yourself in gold.
Conclusion
Each of these Japanese concepts – Ikigai, Moai, Hara Hachi Bu, and Kintsugi – offers a kernel of wisdom that we can all apply to our daily lives.
While these ideas are ancient, they are more relevant to modern living than ever before. Ikigai teaches us meaning and purpose, Moai teaches us social connection, Hara Hachi Bu teaches us mindful eating, and Kintsugi teaches us growth and resilience.
Which concept do you need to embrace the most right now?
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This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience.
We need beliefs. Belief is something that we live for, something that informs our morals, something that defines our metaphysical existence. We need belief because we need purpose. Belief is a necessary part of a fulfilling life and, traditionally, people valued their beliefs more than anything else. Sadly, fiat money debases our beliefs the same way Nickleback debases music and Joel Osteen debases Christianity.
The end result of fiat money is that those who win don’t believe in anything, at least in any traditional sense. And if you don’t believe in anything, you are a nihilist. You’re probably nodding along because the people in power seem very much like the inner party leaders in George Orwell’s “1984.” They change their beliefs to whatever the authorities tell them and do it on command. Heck, we saw that in real time during the COVID-19 pandemic.
That’s the topic of this essay: What happened? And how is it that so many people are so willing to change their beliefs so quickly under government command? How did so many people, especially members of the media, academics and bureaucrats of all types, become sycophantic yes-men to what the government told us to believe?
Fiat Obsession
Fiat money makes us obsessed with money. It does this by causing us to pay way too much attention to it.
Because fiat money is continually being debased, people with any wealth at all are forced to invest their money to keep up with that debasement. The more wealth you have, the more obsessed you have to be. The moderately wealthy research stocks and real estate. The truly rich have to research venture funds, private equity and special-purpose acquisition companies (SPACs). Speak with any rich person and they’re most likely to talk about the deals they’re involved in because this is pretty much the only thing that they truly believe in. The only way to stay rich in a fiat economy is to really be obsessed with money and get involved in Cantillon games, leaving very little room for genuine beliefs. Fiat money rewards cowards who conform to those who align with it and those are the people who get really rich. Ideological diversity is about as welcome in those places as Barry Silbert at the Gemini offices.
On the other end of the scale, those with no savings are bombarded by offers of debt. Loans and credit are readily available, so those without savings have the option to bring consumption forward. When combined with advertising, propaganda and a lack of savings vehicles, consumption becomes conspicuous. Unfortunately, that enslaves people for many years, possibly their whole lives, as the debt can be rolled over and consumption generally only goes up. Principles and beliefs and well-nigh everything gets sacrificed to serve the debt. Like an overweight person always waiting until tomorrow to start their diet, the cycle of debt puts genuine belief on hold.
Either way, under a fiat system, the only belief most people end up serving is that of the primacy of money. Sadly, money is a terrible and all-consuming god that requires the sacrifice of everything that makes life meaningful.
Anything For Money
The primacy of money has meant that other beliefs are put on the back burner, made to be less important and generally debased. In biblical times, tax collectors and prostitutes often made way more money than other people in the economy. Yet they were considered lower than scum. Why? Because they violated something that was more sacred than money: community morals and community belief. To violate those was to violate who you were.
This isn’t an isolated occurrence. In most times and places, it was considered completely dishonorable to make money at the cost of the community. If you made money through grifting, you might have money, but your reputation would be in tatters and many people would not trade with you. It was considered completely unacceptable to take other peoples’ property through deception, or by hurting the community in some way. Nowadays, that’s just called marketing. So what changed?
Debasement Of Politics
Fiat money debases communities because it makes communities completely reliant on its central control and, thus, its benevolence. Even the most tyrannical monarch of the past couldn’t control the money to the extent that central banks can today. Central banking was the fifth plank of the “Communist Manifesto” for a reason. Karl Marx recognized money’s integral function in any community and wanted to control it. It’s not a coincidence that the most debased communities, the ones whose very cultures were completely supplanted, were the totalitarian ones in the 20th century. We are all zombies to the necromancing of the central bank.
People used to believe in things and were willing to fight for them, especially against oppression. This was what led to the spirit of 1776. Belief was what held that community together.
Yet, looking at the state of politics today, it’s pretty clear that most fights are fights over money and power, not over belief. Fiat money is so powerful that it’s become the only thing to fight for. Belief has taken a back seat to the power to print money. Naturally, this means that beliefs are malleable and you get more psychopathic behavior from leaders.
Why is what we’re supposed to believe continuously changing? How is it that transgender bathrooms became such an issue so fast? Or Ukraine? Or terrorism? The beliefs that they tell us to believe are more inconsistent than CSW’s statements to courts of law. The short answer is that they do this because they can.
Debasement Of Work
As mentioned above, work used to have some bounds, but now, more than ever, rent seeking is accepted, even celebrated as noble employment. Thus, the psychopathic investment banking character that will do anything for money is something people strive to be. The moral nihilism of the character is something that they don’t worry about.
Of course, it’s not just investment banking, but many other professions. The goal is always to climb up the ladder of power at any cost. Status is no longer awarded on the basis of character, it’s rewarded on the basis of money and power. Fiat money has made work a place where beliefs go to die. The goal of getting more money has become all consuming and put beliefs completely on the back burner.
Toxic Maximalism
One of the things I’ve noticed about the Bitcoin community is just how vicious it can be toward people who would otherwise be welcomed with open arms in any other community. Venture capitalists like Raoul Pal and Mark Cuban would be deferred to and respected for their influence and money anywhere else. Yet in Bitcoin, we pay them no mind and have zero problems questioning their understanding or even making fun of their stupidity. There’s no buying your way to influence in Bitcoin. There’s no jumping in front of the parade because you have name recognition.
Bitcoin is decentralized and that’s how we like it, thank you. Anyone trying to speak for Bitcoin and trying to change it will be rightly derided as being a detriment to the community. If you try to co-opt this community for your own ends, you will be shunned like the ideological leech you are.
Altcoiners call this “toxic Bitcoin maximalism,” but this protection of the community is a good thing. Toxic maximalism is not just an immune system keeping the beliefs pure. It’s a rejection of the fiat model of doing things. Fiat institutions trade on status, influence and money and their beliefs can be changed for a price. Bitcoiners are principled and no one gets to tell us how it is. That’s the main feature of decentralization. The node I run is mine and you can’t change it. There’s no single point of failure to go bribe.
Contrast this with what Greenpeace USA started doing once Ripple’s executive chair gave it $5 million. It started FUDing Bitcoin because its beliefs are for sale. It is a fiat institution that can be bought. Cantillionaires can’t understand Bitcoiners because they’re used to being able to buy their way into everything with their printed dollars. Fiat slaves can’t understand Bitcoiners because they’re used to changing their beliefs when their fiat jobs depend on changing them. Bitcoiners are misunderstood because we have beliefs that are not for sale. We are not debased.
Altcoins Debase Belief
Altcoining, though, debases your beliefs pretty quickly. One need not look much further than Erik Voorhees, Trace Mayer and Udi Wertheimer to see that. The minute you sell out your belief and embrace altcoins, you are forced into a lot of mental gymnastics to justify your salary. You have to take untenable positions and end up supporting stupider and stupider projects to ensure some allies.
Thankfully, when these projects blow up, their reputations blow up along with them. Altcoins operate on the same fiat system of bribery using printed money, but with a lot more volatility and without the monopoly on violence. Hence, it’s very easy to get altcoiners to embrace any belief. This is why their pitches can be so stupid and still find an audience. You can buy your way to influence. But of course, this is unsustainable without violence. So in a sense, their crashes are as inevitable as Sam Bankman-Fried making a stupid public statement.
By contrast, what is endlessly frustrating for VCs, altcoin founders and Bitcoin affinity scammers is that it’s impossible to debase Bitcoiners’ decentralized beliefs. This is in stark contrast to the fiat world. Just pay some money for influence and you’re good. You can’t do that in Bitcoin. No amount of money is going to get the toxic maxis to like you. There’s no jumping in front of this parade. Bitcoiners have no hesitation rejecting you and there’s no central committee to bribe. The rules are different here because Bitcoin is genuinely decentralized.
Bitcoin And First Principles
Bitcoiners have enriched their beliefs. We’ve learned to think for ourselves through analysis via first principles. Instead of swallowing what someone is selling us, we have learned to analyze things and come to our own conclusions. This is why you see so many Bitcoiners give carnivory or fasting or Christianity a chance. These are not popular now in the mainstream, but they’ve historically been popular for a reason. The fact that Big Ag has debased food or that Big Food has made fasting look ridiculous or that Marxism of many kinds has instilled atheism is not lost on Bitcoiners. They look at these things with fresh eyes because the blindfold of fiat money has been taken off.
In other words, our beliefs which once were debased, have arisen anew through first-principles analyses. Beliefs have become more real and personal through soul searching and logical analysis. This is in contrast to beliefs under the fiat system which are fake and wispy because they’re absorbed through propaganda. Talk to any Bitcoiner and you’ll likely see that they have many more strong opinions than your typical fiat slave does. That’s not a coincidence. Under a fiat system you say whatever to get along and get ahead. Under Bitcoin, you say what you believe.
Rent Seekers Don’t Believe Anything
Belief in a fiat system is a means, not an end. Most people have malleable belief systems so they can get ahead in their careers. This is especially so in the institutions infected most by fiat: academia, media, government, Hollywood and venture capital. The most successful in these institutions are the ones who believe whatever is most convenient to get ahead. As that is often the price of admission, their beliefs are lightly held, not analyzed for inconsistencies and really swallowed without much thought.
These are also very political institutions and the ability to gauge the temperature of your colleagues and bosses and adjust your beliefs is the key to success in those places. These are debased people, nihilistic at the core and only believing in power. To me, these are not really people at all. And it’s not a coincidence that the morals of the people in these places are often completely corrupt. Lest you doubt me, I’ll remind you that Jeffrey Epstein didn’t kill himself.
Belief Is Needed To Be Human
Belief is a necessary part of being human. Sadly, fiat money debases our beliefs and as we are more integrated into fiat money, the more nihilistic we become. The more nihilistic we become, the less human we are.
Bitcoin brings us back to having beliefs again because money is no longer our master, but our servant. The money works for us now by being a savings technology. It’s no longer our master who enslaves us through debt or forced investment.
Belief is a prerequisite to everything that is meaningful in life. Morals and purpose. It’s sad to see that these critical things are destroyed by fiat money. Thank God for Bitcoin. And that’s where your journey as a liberated human being can begin anew.
Now, go forth and learn.
This is a guest post by Jimmy Song. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
It feels like there’s literally always a sale…and I’m the first to miss it. Sure, I get millions of promotional emails from brands because I sign up for 10%-off-your-first-purchase offers all the time. But, that doesn’t mean I read them.
However, there’s never a bad time to save money on my favorite products…or buy something I’ve been wanting for a while but couldn’t afford full price. Look, either way, a sale is a sale.
When you are balling on a budget, your eyes should be constantly scanning the internet for those red letters indicating a big discount. Permanently set your search settings filter at “priced: low to high.” We’re looking for the cheapest possible price here – go ahead and cry if you find a lower price elsewhere after you buy.
Artem Beliaikin via Unsplash
If you’re like me, you have trouble finding this week’s hottest sale. In fact, you often only hear about them from your friends when it’s long over. And while I may not generally be the most credible source, I’ve taken the liberty of doing The Dirty Work.
I’ve compiled a list of the best sales happening right now – so you can treat yourself. It’s post-holiday season so that arm-long laundry list of gifts to purchase for others is gone. That’s right…it’s time to start buying yourself silly little gifties again.
Ulta
Ulta
Ulta is at the tail end of their Love Your Skin event, where you get half off skincare must-haves every day from some of the best brands. Wellness brands like Kitsch, The Body Shop, and Keys Soulcare are all 30% off as well.
Here are my picks:
FarFetch
FarFetch has an insane sale with items up to 70% off. This gets you a designer item on mega-discount…Dolce & Gabbana, Off-White, Jimmy Choo, and Balmain for literally a fraction of the price? I’m in. Always.
SSENSE
Nike, Maison Margiela, Jacquemus, and Versace are current features on the SSENSE sale. Up to 70% off designer clothing – right now. You can most definitely treat yourself to luxury on this shopping trip.
Zappos
Hoka
We love a good shoe sale, but scrolling through every website is a hassle. Zappos always has a solid selection of your favorite brands. This week’s sale choices do not disappoint.
QUAY Sunglasses
With 20% off your first purchase, QUAY already lands you a great deal off the bat. Right now they have 30% off two or more sunglasses. Plus, their sale section has deals close to 50% off.
Abercrombie & Fitch
Doesn’t Abercrombie have a sale every other day? But I’m here for it. Right now, it’s up to 50% off select sale items…that’s double the amount off the original price. Abercrombie has the best basics and has become the staple place to buy jeans. A rebrand to end all rebrands.
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This is an opinion editorial by Mitchell Askew, a Christian, conservative Bitcoiner who produces Bitcoin-related research and social media content for Blockware Solutions.
“You don’t change Bitcoin, Bitcoin changes you.”
This is one of many mantras circulating around the Bitcoin community. I am two years removed from the start of my Bitcoin journey and can personally attest to the legitimacy of this statement. While my experience in Bitcoin is relatively short-lived, people can grow a great deal in two years, especially those in their early 20s. Bitcoin is a never-ending quest for knowledge and anyone who joins the expedition will in due time find themselves embracing the cardinal virtues.
The cardinal virtues, deeply rooted in Christianity and among philosophers such as Plato and Aristotle, represent a universal foundation of moral guidance. The virtues are prudence, temperance, justice and fortitude. They were dubbed “cardinal” from the Latin root “cardo,” which means “hinge,” as in: all other virtues hinge (rely) upon the four cardinal virtues.
I have outlined how anyone in honest pursuit of the Bitcoin mission to separate money and state is strongly incentivized to behave according to the cardinal virtues.
Bitcoin Instills Prudence
Acting with or showing care and thought for the future.
You will not understand what Bitcoin is the first time you hear about it. Nor will you have a firm grasp the second, third or fourth time. In today’s fast-paced world, few have put in the hours necessary to have a solid understanding of how Bitcoin functions, technically. Of those that have, even fewer have taken the time to study all of the encompassing domains of Bitcoin, including but not limited to economics, personal finance, computer science, energy markets, the history of money and geopolitical game theory.
To say that Bitcoin will have a profound impact on the world is an understatement. To begin having the slightest understanding of what the impact will be requires prudence. In the words of Michael Saylor “there are no informed critiques.” Those who immediately dismiss Bitcoin as a Ponzi scheme no different than those of Bernie Madoff or Sam Bankman-Fried, are simply exposing their intellectual sloth.
A common theme among Bitcoiners, popularized by Austrian economists such as Saifedean Ammous, is the concept of time preference. To have a low time preference means that you are willing to place more emphasis on your future wellbeing relative to your present wellbeing; this quite literally is the definition of prudence. Those who engage in the speculative markets of altcoins, or attempt to trade bitcoin’s unpredictable short-term volatility, rather than HODL the least uncertain asset of all time, are inherently imprudent.
By putting in the hours necessary to have a basic understanding of Bitcoin’s technical fundamentals and its broad implications on society, you have exhibited prudence.
Bitcoin Instills Temperance
Habitual moderation in the indulgence of the appetites or passions.
Similar to prudence, Bitcoiners achieve temperance through low time preference behavior.
Contrary to common FUD propagated among no-coiners, Bitcoin is not full of whales seeking to dump their positions in pursuit of fiat-denominated profit. Moreover, the exponentially-increasing adoption of Bitcoin coupled with its immutably scarce supply means that each wave of newcomers are met with the realization that it is wise to acquire as much bitcoin as possible before the rest of the world catches on.
When bitcoin becomes your individual unit of account, you begin weighing every potential purchase or experience against the opportunity cost of acquiring more bitcoin. This has led to many Bitcoiners, including myself, embracing minimalist lifestyles. The key point here is that this declination of materialistic goods in pursuit of more bitcoin, though perhaps initially sparked by a desire to satisfy future greed, brings forth the realization that an abundance of materialistic goods is unnecessary.
By eliminating many of the “wants” from your personal budget, i.e., moderating the indulgence of appetites or passions, and limiting yourself to “needs” in order to save wealth in bitcoin, you are embracing the cardinal virtue of temperance.
Bitcoin Instills Justice
Just dealing or right action; giving each person his or her due.
The biggest financial fraud of all time is the fiat monetary system. For far too long, the existence of central banks has provided governments with the ability to fund the ideals of the ruling class at the expense of cash savings and future economic productivity. Prior to the rapid acceleration of inflation during the past couple of years, most Westerners were completely unaware of the backdoor thievery that occurs with the expansion of the money supply.
Bitcoin grants inalienable property rights to all of its users. No government agency or corporation has the power to dilute the value of each unit in the network and, when stored properly, BTC is virtually impossible to confiscate. Bitcoin is an open, neutral network that does not discriminate based on religion, ethnicity, sex, race or vaccination status. Nobody is restricted from running a node to audit the authenticity of each transaction on the ledger.
By guaranteeing irrefutable access to an unconfiscatable and undilutable form of property, Bitcoin represents the most just asset and monetary network in the history of mankind.
Bitcoin Instills Fortitude
Courage in pain or adversity.
Bitcoiners develop fortitude in two ways.
The first way is by encouraging HODLing through volatility. At the time of this writing, bitcoin is down by over 70% from its all-time high. This is the fourth time in Bitcoin’s thirteen-year history that we have experienced a drawdown of this magnitude. Bitcoiners are clearly exhibiting courage in the face of this adversity as evidenced by on-chain data. An all-time high of over 66% of Bitcoin’s supply has not moved in one year or longer. This fortitude is not unprecedented either, as this metric has hit all-time highs during previous bear markets as well.
I sense that a positive feedback loop is occurring here. When you can see for yourself that other bitcoin holders are undisturbed by the extreme drawdowns in price, it enables one to become more confident in the future of the network, and thus continue HODLing themselves.
The second way in which Bitcoiners develop fortitude is by encouraging Bitcoiners to take an action akin to the founding fathers signing of the Declaration Of Independence. While holding bitcoin is not outright illegal in most countries, it certainly does not put you in a favorable standing with the most powerful entities in the world.
History has shown that regimes in control of the global reserve currency do not take kindly to that position being usurped. As such, there is a non-zero chance that Bitcoiners could be declared treasonous in a dramatic, last-chance attempt by the United States government to maintain control over the monetary system.
However, this extremity can be avoided by winning the race of adoption as Cory Klippsten, CEO of Swan Bitcoin, eloquently describes in this article.
This is a guest post by Mitchell Askew. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
This is an opinion editorial by Logan Bolinger, a lawyer and the author of a free weekly newsletter about the intersection of Bitcoin, macroeconomics, geopolitics and law.
“I’m more interested in asking the question, is the world that we want to live in one where we need to hyperfinancialize every aspect of an individual’s life because financial conditions on a macro level are such that you have to financialize your whole being in order to keep up or get ahead? Is that truly a victory for democracy and for the kind of psycho-spiritual wellbeing of all of us and the lives we want to live? Versus something like Bitcoin, that’s a definancializing force that basically says because we think a world might be better where you’re actually able to save money and you don’t just have to spend it or go invest or speculate on some stuff, would that unlock ways for you to feel more fulfilled or satisfied as a person and would you then be able to pursue other things? I think ultimately the end of Bitcoin is that we all think collectively less about money and more about other things that we’re interested in.”
I made these statements on a recent episode of the “What Bitcoin Did” podcast in a discussion about Bitcoin and the ways I think it can catalyze positive changes in our interior lives, as contrasted with the contemporary state of Web 3.
We frequently discuss and theorize the ways in which Bitcoin can reshape or reconfigure our external realities, whether they be political, monetary, legislative, etc. But I don’t think enough attention is paid to how Bitcoin can initiate a similarly monumental reshaping of our interior lives, a process which, in the aggregate, can lead to a trickling up of priorities and values.
I want to talk about two different conceptions of freedom to illustrate why I think we fixate so much on one of them. When folks describe themselves as “freedom maximalists,” they’re primarily referring to the idea of negative freedom, a freedom from intrusive external constraints. This type of freedom is obviously of fundamental, paramount importance. Without freedom from certain external constraints, meaningful pursuit of self-realization, what we would refer to as positive freedom, is difficult, if not impossible to pursue.
We tend to get so focused on the negative freedom aspects of Bitcoin that we fail to fully appreciate the positive freedom that Bitcoin facilitates. Which is to say we get so fixated on the ways in which Bitcoin precludes external intrusions or constraints (freedom from) that we don’t explore the ways in which Bitcoin can create an environment that allows us to more rigorously pursue the fullest expression of our selves (freedom to).
[N.B. for my humanities/philosophy friends: Yes, I am drawing on the work of Isaiah Berlin with these positive/negative freedom terms]
I would argue that freedom maximalism is not sustainably fulfilling long-term, because it’s not really an end state. It’s a necessary liminal posture, a means to achieving a certain environment in which positive freedom can be productively exercised. However, negative freedom without positive freedom is like having an infinite number of TV channels but no idea what you want to watch. It’s like having the freedom to pursue anything you want without any way of determining what you actually want to pursue or what’s worth pursuing.
Americans are particularly attuned to ideas of negative freedom, but not particularly adept when it comes to positive freedom. We can see this everywhere, including in the Bitcoin space. If one makes a living, builds a following, or crafts an entire identity around being a “freedom maximalist,” one’s livelihood and sense of self depends on the continuing existence of external constraints for one to decry. One can unwittingly (and mostly subconsciously) become the bird that has grown to love its cage, as author Lewis Hyde once wrote of irony.
So while freedom maximalism (negative freedom) is vitally important, we should also pursue and prioritize what my wife has aptly coined intentionality maximalism (positive freedom), which is a perspective and a way of living in our interior lives. Bitcoin does not get enough credit for its ability and its potential to foster this type of inward-looking change.
What does intentionality maximalism look like in our everyday experience of life? One salient example is our relationship with the unbridled consumerism endemic in a fiat monetary system.
Allow me to share some statistics that illustrate just how warped this relationship has become:
Per the Los Angeles Times, there are 300,000 items in the average American home.
Per NPR, the average size of the American home has nearly tripled in size over the past 50 years.
Nevertheless, one out of every ten Americans rent offsite storage, which is the fastest growing segment of the commercial real estate industry over the past four decades.
British research found that the average 10-year-old owns 238 toys but plays with just 12 daily.
The average American family spends $1,700 on clothes annually, while also throwing away, on average, 65 pounds of clothing per year.
You get the idea. There is practically no end to the data showing the absurd amount of shit we own and the growing space (physical and mental) that this shit occupies.
Americans are consuming more than ever.
Source: FRED
Despite their purchasing power not meaningfully growing.
Source: U.S. Bureau Of Labor Statistics
What explains this? One factor is that we measure our economic health by how much we spend, a singularly fiat and Keynesian way of gauging economic vitality. Consumer spending is roughly 70% of GDP. If we spend less, the metric we use to gauge economic health drops.
There’s also the fact that we see more ads than ever.
But, most importantly, there’s a widespread high time preference that is, I think, part of the very fabric of our culture.
Here’s where I think Bitcoin comes into play. So much of this rat-race orgy of consumption is high-time-preference behavior incentivized by the fiat monetary system, which ensures your money loses value over time. Since your purchasing power is sand in an hourglass, and since you work harder than ever just to keep up, consumer spending serves both a practical and a pacifying purpose. In other words, we are incentivized to spend because not spending or investing means our money just sits and loses value. And if we work so hard, many of us at jobs we don’t particularly enjoy, just to keep up, shouldn’t we also buy all the new cool stuff to make us feel like it’s all worth it?
If we remove ourselves from some of the rat race stuff it clears space for us to think less about money, which means we can be more intentional about everything else. Hence the idea of intentionality maximalism. We sort of reclaim our positive freedom, our freedom to pursue the highest expression of ourselves. Bitcoin, in my opinion, is ultimately about looking for a sustainable alternative to the rat-race model.
It’s really a contrast of values. Consumerism is a value of the fiat system. It is both literally a value, since we measure economic health in large part by measuring consumption, and also an ingrained mode of behavior. By disincentivizing mindless, reflexive consumption and incentivizing a lower time preference, Bitcoin, if it continues to grow in adoption, offers the promise of a cultural foregrounding of deeper things, like fulfilling pursuits, relationships, creativity, contribution to community, presence, etc.
When it comes to this interior transformation, this intentionality maximalism, and the ways in which Bitcoin moves us in that direction, I think Bitcoin shares some fundamental principles with minimalism, a movement that has deep, ancient roots, but has been gathering more popular momentum in the last decade or so. Proponents of minimalism, mindful of the constraints unchecked consumerism can place on our lived experience, pursue lives with fewer unused, unnecessary possessions in order to reclaim freedom and mastery over one’s life and the space to pursue what’s important. Which is to say the pursuit of a more intentional life.
Joshua Fields Millburn, co-founder of theminimalists.com, describes minimalism as “the thing that gets us past the things so we can make room for life’s important things—which aren’t things at all.”
The promise of Bitcoin, to borrow Millburn’s articulation, is to be the money that, through its soundness, allows us to get past thinking about money all the time so that we can make room for life’s important things – which tend to get lost, neglected, and/or sacrificed in consumption and the systemically coerced pursuit of more and more money.
We spend so much time thinking about money (how to get it, how to get more of it, how to make it grow, how to keep up with inflation, how to invest it, how to spend it, what to spend it on, how to get rich quick, how to pay the bills, etc). And to a certain extent this will always be true. I am not advocating for the Platonic form of communism here.
But when money does not hold its value, when it is continuously debased, when the sovereign debt is so massive it must be inflated away, and when the economic health of a country is measured by how much it consumes, it creates an environment in which money is practically all we think about.
This is why I have been so critical/skeptical of some of the proposals in other corners of the crypto world, many of which seem to be seeking to financialize every corner of our lives. I think this perpetuates, and perhaps intensifies, our high-time-preference environment.
In contrast, the implications and downstream effects of collectively lowering our time preference, which I think necessarily involves less consumerism, simply cannot be understated. Imagine an entire population finally able to save in a sound money and to spend more time and energy on the things that mean the most to them.
Now, again, I’m not envisioning a utopian end-state here where we’re all singing songs around the campfire (though I do enjoy songs and campfires). I’m talking about returning some headspace and some presence back to folks who have, by necessity, grown accustomed to spending every waking moment thinking about money and consumption. I’m talking about a transformation of our interior lives, one that clears space for more intentional living. And I think an under-appreciated aspect of Bitcoin is its potential to catalyze such a transformation.
So be a freedom maximalist, because it’s important. But don’t stop there, because that alone won’t keep you full, long-term. Be an intentionality maximalist, too.
Many people live lives like this – compelled, constrained, and unintentional within a fiat system:
This is a guest post by Logan Bolinger. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine.
This is an opinion editorial by Nozomi Hayase Ph.D., who has a background in psychology and human development.
The 2008 financial meltdown, with subsequent bank bailouts and a cycle of austerity, led to the weakening of the public’s trust in governments and institutions. Bitcoin emerged as a response to this global crisis of legitimacy.
Now, more than a decade later, the economic damage created by the pandemic has triggered a further breakdown of the system. As the Federal Reserve’s infinite money printing creates high inflation, Bitcoin steadily increases its popularity as a safe haven.
At the same time, as the old economy is being destroyed, the leading global institutions have stepped forward to reboot the entire system. The key organization, the World Economic Forum (WEF), with the theme of “The Great Reset,” prepares for the rollout of the central bank digital currencies (CBDCs).
CBDC Versus Bitcoin
Agustin Carstens, head of the Bank for International Settlements, explains CBDCs as programmable money that gives issuers the power to control every transaction. Using these powers, issuers can restrict what ordinary people are allowed to spend money on.
In response to central banks creating their own digital currencies, the original cypherpunk and cryptographer, Adam Back tweeted:
Now, Bitcoin and CBDCs, two different types of digital currency with contrasting features, race toward a global adoption. The crux of this competition involves different visions of the world. The outcome of this race will determine the future of humanity.
Shift Of Authority
The crisis of legitimacy triggered by the financial panic of 2008 signaled the demise of the Western liberal democracy. This has begun to create a shift in the locus of authority in our society.
The idea of democracy that inspired the birth of the United States was based on a humanistic worldview. In the past, authority was placed in the gods, and the sacred text. People sought answers from the external. They turned to religion, the Bible and Popes for their decisions.
A move towards democracy brought a shift in values. It placed authority in human hands, putting emphasis on the individual. People who were seeking behavioral norms outside of themselves began to rely on their personal experience.
Threat To Democracy
Yuval Noah Harari, Israeli public intellectual and historian, talks about how, in this crisis of democracy, a threat to the humanistic worldview is now emerging from laboratories and research departments in places like Silicon Valley.
Harrai, who is a lead advisor to Klaus Schwab, head of the World Economic Forum (WEF), points out ways in which science is challenging the story of humanism.
He explains that scientists are saying there is no such thing as free will and that freedom is just another myth, an empty term that humans have invented. He defines feelings as biochemical processes of calculation and contends that there is no reason to consider them the highest authority in the world.
Techno-Religion
Harari, who has been praised by the likes of Mark Zuckerberg and Bill Gates, and celebrated by tech workers in Silicon Valley, explains how in this twilight of democracy, authority is now once again moving away from humans. This time, he states it is not some gods above the clouds that control human destiny, but algorithms, and data in the clouds of the Amazon and big tech giants.
He describes a new revolution happening around this shift of authority. It is led by a “techno-religion”, the ideology that technology provides salvation. He explains that this techno-religion is a data religion within which “data and information becomes a supreme source of authority and of meaning in the world.” It makes us believe that technology knows more about us than we do ourselves. It tells us, “Don’t listen to feeling or gut intuition. Just turn to data.”
Acting as a spokesperson for this new sect of techno religion, Harari predicts a coming of a future without humanity. He states that humans like you and I will disappear and that the earth will be dominated by very different kinds of beings or entities. Under the new authority of algorithms, Harari describes how human beings are viewed as no longer spiritual souls, but become “hackable animals.”
Warning For Humanity
Some saw what was coming and warned about the potential machine takeover of the world and the elimination of human beings.
Julian Assange, WikiLeaks publisher and one of the notable Cypherpunks, was aware of this trend from early on. He called on those who are technologically capable to take up strong cryptography as a non-violent weapon to defend individual liberty.
Assange warned us: “The future of humanity is the struggle between humans that control machines and machines that control humans.”
As central planners try to deploy CBDCs to push their techno-religious movement, a breakthrough in computer science has brought us an alternative vision of the future of humanity.
Value Of Individual Freedom
Bitcoin, in its 14 years of existence, has provided a response to the crisis of Western liberal democracy, allowing us to truly embody humanistic values.
There was an inherent weakness in the system of representative democracy. The mysterious creator of Bitcoin, Satoshi Nakamoto recognized that this system was not adequate by itself to secure the value of freedom and the place of individuals as supreme authority in the system.
Those who gained control over the production of money have created an economic system that works to their advantage. Concentration of economic power in a few hands turned democracy into a system of control. With sophisticated methods of persuasion, through use of propaganda and PR under the guise of democracy, the population was subjected to manipulation of their feelings.
By challenging the monopoly of money, Bitcoin — cypherpunks’ holy grail — has enabled economic liberty. With the principle of “don’t trust, verify”, this technology places the source of legitimacy with individuals, for the first time in history.
Rather than residing in the clouds of tech giants, authority is now descending into the human heart.
The birth of Bitcoin has helped creativity and freedom of expression to flourish, creating the resurgence of the arts. It now inspires a new renaissance of humanism.
Before the Renaissance, history was seen as being shaped by divine forces. With the advent of the Renaissance, beginning in the 14th century in Italy, this view shifted.
The Renaissance placed human beings at the center of life. A man was regarded as a partner in the creation of Gods, to actively engage in shaping the course of their own lives.
Just as the Renaissance placed emphasis on the individual, now, the Bitcoin Renaissance 2.0 creates sovereign individuals, enabling human beings to truly come alive.
A Path Of Salvation Via Proof-Of-Work
People from all nations, with different backgrounds, started to align themselves with humanistic ideals that exist at the core of Bitcoin. Through meetups and conferences, they are now finding one another. They begin to speak the same language and share values.
Transcending their cultural differences, they have become Bitcoiners. They are bearers of humanity, beginning to claim the source of authority in human imagination.
This is now creating a humanistic movement, generating a force strong enough to counter the techno revolution.
Between Bitcoin and CBDCs, we are now presented with a choice.
Worshipers of machine intelligence offer a promise of salvation, through which we once again are made to rely on authority outside of us, this time, on external algorithms.
Bitcoin presents an alternative model of salvation via proof-of-work, where we no longer need to trust authorities outside of ourselves. Through each individual voluntarily participating in a network of consensus, each of us can engage in validating our own truth.
While a path of technological salvation moves a society toward the post-human era, Bitcoin, pro-human technology inspires each individual to create a new world of humanism.
El Salvador (“The Savior”)
El Salvador, the country that first declared bitcoin legal tender, has become a center of this Renaissance 2.0. They are leading the way.
Using Bitcoin as a tool, the President Nayib Bukele began to stand up against the central banks and their financial imperialism.
As the leaders of G7 members are trying to launch centrally controlled digital slave coins, Bukele engages in efforts to increase Bitcoin adoption to open up a path of self-determination.
Paolo Ardoino, CTO of Bitfinex, the world’s leading digital asset exchange is working to provide a platform for financial freedom. Along with his efforts to expand Bitcoin adoption, he aims to maximize decentralization by developing Keet. io, peer-to-peer Chat Apps that are built without any central server.
Can El Salvador, under Bukele’s leadership and his policy of economic liberty, engage people in proof-of-work — to organize a network toward the salvation of humanity?
Positive changes are already happening. Bitcoin Renaissance 2.0 inspires new ideas, bringing in investors and capital to help people build alternatives to big data and centralized cloud products, to enable freedom.
Securing The Future Of Humanity
We human beings share our destiny. The life of all species is intertwined. Our choices and actions affect one another.
With the accelerated speed of technological advancement, as we are being quietly transported into a virtual reality, are we leaving behind our own body and our soul? Without human beings who can feel, what would happen to the earth, ecosphere, trees, rivers, and all of animals?
We Bitcoiners are custodians for this planet. By practicing self-custody and running full nodes which maintain the ecosystem, we preserve the autonomy of individuals. We can work toward securing the future of humanity.
A network of messiahs created through technologically-empowered men and women coming together starts to form a formidable defense against the transhumanism agendas.
Bitcoin presents a humanistic alternative to technological salvation.
Hyperbitconization has just begun. The dawn of new humanity is near. With hearts that beat every 10 minutes, we human beings can claim our freedom and responsibility to steward mother earth and all of her creation.
This is a guest post by Nozomi Hayase. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine.
This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Knut Svanholm to talk about how Bitcoin can improve all facets of your life and the ways Bitcoin works as a weapon of peace.
Knut Svanholm: I realized yesterday while browsing YouTube, that Pink Floyd’s “The Wall” movie had a huge impact on how I view the world. I saw that when I was 16 and it was pretty profound. I thought it was pretty profound at the time. If you remember that movie, I like them because it was like no other movie. The storytelling is very different from a linear movie, but it starts with this guy whose father died in the war. And there’s a powerful line about, “That’s when Her Majesty’s Royal Command took my daddy from me. That’s so tough; some institution has the right to take someone else’s life and order them to die for a higher cost and what that does to the generations that follow. Of course after that, there’s the whole school system thing where you have this meat grinder factory mashing people together into voting cattle. So I think, in hindsight, that movie probably had a big impact on how I view the world and how I detest collectivism.
More than that, I grew up in the countryside with a liberty-minded father. I sailed the Seven Seas. I worked on a toll ship for eight years, and I saw a lot of different countries. Even when I was a kid, I lived abroad a couple of times: half a year in Mozambique when I was like 10 or 11 and in Tanzania and some other places. I guess I was less inclined to believe whatever national lies were around at the time.
Remember the 1980s in Sweden; we had no commercial TV channels and no commercial radio channels. It’s all state owned and it is still to this day, to a large extent. There’s a subsidy system that big media companies get the money from the state, and of course they don’t bite the hand that feeds them. So there’s that. But in the ‘80s, it was really cut off from the rest of the world. We got to watch cartoons once a year during Christmas Eve. That’s when we got to see Donald Duck once a year. So that’s how growing up in Sweden in the ‘80s was. It was pretty, pretty dark in hindsight. I guess all of those things influenced my thinking.
Q: I want to talk about time preference. For our audience members who maybe don’t understand this, could you help them understand what’s the difference between a high and low time preference?
Svanholm: A high time preference is when you prioritize quick satisfaction, when you don’t delay gratification. So if you’re robbed of everything you own, you adopt a high time preference because you need to, because you need food to survive and you need shelter to not — in most places — you need shelter not to freeze to death at night. So you become a high-time-preference individual that prioritizes short-term gains which also makes you prone to crime and bad decision making, short-term decision-making.
And a low time preference is the opposite of that. That’s when you think about the future and you think about forthcoming generations. You plan ahead and you build something for the future. I believe that a high time preference and a low time preference are on the same scale as fear and love because a high time preference to me is a fearful state of being. And what’s the opposite of fear? The opposite of fear is love. So adopting a lower time preference or being able to adopt a lower time preference because you have more capital and a more certain future that allows you to be more loving to not only your fellow human beings, but to yourself.
I think this is the killer app of Bitcoin, is that it makes us better human beings. It makes us friendlier to one another and also friendlier and more loving to ourselves. We can afford to take care of ourselves and take care of others to a larger extent. My talk was about this to a large extent.
It ties into something my grandfather said, which is, “That which you can do without, you own,” which is something that has been stuck in my mind ever since the first time I heard it. It’s the flip side of “Your possessions end up owning you.” Because if you can control your mind to the extent that you don’t crave things anymore, then you own those things that you don’t crave, in a sense. For instance, I would never buy a Lambo regardless of how much bitcoin I have or how wealthy I become. I don’t crave Lambos. In a sense, I own all the Lambos because I control my urges. I think Bitcoin is like a gateway drug to that insight.
Sooner or later Bitcoiners come to the realization that they don’t need that much shit in their life. Material things matter less and less the longer you are in Bitcoin. And it’s going to be very interesting to see how this plays out because in fiat land, as we know, in order to become rich or when you do become rich, you buy a load of shit lingling and crap that you don’t need, and I think this reverses on a post hyperbitcoinization. We’ll have an abundant future without over consumption because we won’t crave as much shit as we do now. I think that’s the real killer thing here.
Q: I wanna try to unpack that a little bit. There’s a question behind all of this, and I’ll start with a question, which is: Do you think people recognize that when they use fiat money, it inflates so regularly, so they need to be spending it constantly? Versus with bitcoin, I think all of us recognize the value proposition of spending our bitcoin today is far greater than if we were to hold it and then spend it in the future.
Svanholm: I don’t think they realize it on a conscious level, but that’s what it does to people. People who acquire assets and take on big loans win the fiat game. That’s how you win. You buy a ton of shit, including houses, for instance. Real estate is a shitcoin. I saw some metric from the U.S. that over half of the real estate bought in the U.S. last year was not for people to live in themselves, but for an Airbnb use.
So it’s becoming this, “You’ll own nothing and you’ll be happy” playing out in front of our eyes. But I prefer that “You’ll owe nothing and be happy” future of Bitcoin because just replace one letter and and you get the Bitcoin future, which is you accumulate capital first and then you consume — if you’re willing to part with your bitcoin. The longer you hold your bitcoin, the more you realize how valuable they really are.
That’s where I come to the second prediction about the future. I’ve experienced it even now because I’ve collaborated with a whole bunch of Bitcoiners and they’ve given me stuff. They’ve given me their services and physical stuff like FractalEncrypt’s art pieces, for instance. They’ve helped me with translations and proofreading and editing and animations and narration, you name it — all for free. We very rarely exchange satoshis with one another. That sort of leads me to the conclusion that us being nice to one another is just Gresham’s Law on a bitcoin standard because we find our stacks to be so valuable so we’re willing to stake our reputational capital instead. That is the less valuable coin if you compare the two. So I think there’s a connection there and that’s why I think that the necessity for money to exist at all goes down in a hyperbitcoinized world.
That’s the real scaling solution. Fewer transactions are necessary. Ironically, this “don’t trust, verify” attitude of Bitcoiners leads to a world in which we can trust one another more. If you compare it to how you interact with your friends and your family, you very rarely exchange money there, too. You help one another without even asking for it.
This is where I think Bitcoin is going or people in Bitcoin are going toward the state where we’re always incentivized to help one another. It’s not only the time-preference thing, but it’s also pumping our bags. We want Bitcoin to succeed, therefore, we want other Bitcoiners to succeed.
This is the main reason that we’re having this conversation right now. We all love Bitcoin and we want others to come on board and enjoy it too. And in the process, we enrich ourselves if we hold some bitcoin, so we’re incentivized to help one another and exchange favors for free.
The funny thing is that doesn’t go away just because we hyperbitcoinize; we still have that. The Bitcoin private key is a key to your heart, literally. We run this mathematical experiment in the back of our heads and we just become better people.
I just find that endlessly fascinating. I can’t stop thinking about it. It gives me hope.
This is an opinion editorial by Nozomi Hayase Ph.D., who has a background in psychology and human development.
Pink Floyd’s 1979 rock opera hit “Another Brick in the Wall,” challenged authoritarianism and the rigidity of modern education.
The dysfunction of the school system captured by the song continues even now. In the U.S. public schools are regulated and controlled by the various state, local and federal governments. The education system, funded through taxes and fiat money (declared by decree, with no intrinsic value) is based on the idea of students as a blank slate — a view that we are all born with no innate skills, strengths or personality traits.
This philosophy that denies the inborn uniqueness of each child has been incorporated into the curriculum for kindergarten through twelfth grade, through initiatives like the Common Core State Standards (CCSS). Prescribed academic standards are applied uniformly to every child, with a federal requirement that all schools test all children annually.
The Brazilian educator Paulo Freire criticized the way mainstream schools teach students to the test, calling it, “The banking concept of education,” where teachers deposit information into students’ minds. This approach to education enforces conformity, while suppressing independent thinking and creativity in students.
As the centrally-managed education system turns young people into cogs in the wheel of The State apparatus, an alternative form of learning environment is now emerging around bitcoin, the hardest money ever created.
Creation Of Money As A Discovery Process
Bitcoin enabled the separation of money and The State for the first time in history. With its unique monetary design, bitcoin also enables a departure from the banking model of education.
Bitcoin is a new class of asset-based currency. It has intrinsic value with its fixed supply at 21 million bitcoin.
With Bitcoin, the creation of money involves a process of discovery. While the fiat monetary system creates money out of thin air, satoshis come into existence through the function called mining. Using game theory that creates fairness, and a fixed set of rules, computers around the world engage in a process which utilizes the SHA-256 hash function to generate new coins.
By igniting the spirit of play, and engaging people in this creation of money, the mysterious creator of Bitcoin, Satoshi Nakamoto, has opened up a new learning space where people can enter voluntarily.
The wealth of the 21 million bitcoin is like a treasure that is slowly released to humanity, waiting to be claimed. A consensus algorithm known as proof-of-work is used to facilitate each person’s participation in the network to discover this hidden wealth. Through engaging in sportsmanship in the treasure hunt, people begin to learn new skills, develop capacities to work as a team and solve problems collaboratively.
The New Gift Economy
Bitcoin fuels innovation and entrepreneurship. New jobs and opportunities that are created allow us to think freely, to develop original ideas and experiment with them. Here, instead of working to meet the criteria imposed by others, each individual can set their own standards for success and strive to live up to them with genuine feedback from the free market.
This is now creating a new form of gift economy that encourages each of us to find our own unique gifts; talents and abilities that we are all born with. It has revitalized the original vision of education rooted in the Latin word, “educare” which means to bring out what is within us; to nurture our inborn nature, releasing the genius within.
Bitcoin is a sensei that does not exercise authority. Instead of directions from instructors, the protocol maintains the integrity of the learning environment. Bitcoin teaches us that what we love is what we are gifted at doing and what we are born to do. The network incentivizes each of us to find what we love to do.
Bitocoin’s new gift economy began to transform work from meaningless labor to vocation. As if being called by the creator of Bitcoin, people began to follow their heart and take the path that leads to their own personal greatness.
Building Blocks For The Future
Institutionalized education, by denying each person’s uniqueness, has created a widespread poverty of imagination. It has led to the deterioration of our society, to the creation of a debt based economy that extracts rather than produces, and to a reliance on the use of violence to solve conflicts rather than diplomacy and dialogue.
The built-in scarcity of bitcoin (a fixed monetary supply, with issuance that decreases every four years) guarantees an increase in its value, thus creating a flow of abundance.
Pierre Rochard, Vice President of mining company Research RiotBlockchain talked about how this money that cannot be inflated can be used to increase purchasing power and engage people in charitable giving:
Benefiting from the network effect of donated purchasing power, people can begin to invest in themselves, directing their resources, time and energies toward their original vision.
As the fiat economy stagnates, with growing unemployment and cuts in wages, the Bitcoin space, tapping into our inherent potentials, is always recruiting new talent. With new economic activities being generated, the youth of today are now given a choice to refuse to become another brick in the wall that segregates humanity through the hierarchy of class, race and nationality, thereby perpetuating war and economic exploitation.
They can now begin to imagine and actively engage in building blocks of their own design for their own future.
Path To Prosperity
El Salvador, the country that first declared bitcoin legal tender, is leading the way. A community in El Zonte, a small surf town with a population of 3,000 began to claim financial sovereignty, enlivening the dream for the poorest members of Salvadorian society.
Inspired by Bitcoin Beach (El Zonte), Bitcoin Ekasi in South Africa engaged in efforts to use bitcoin as a medium of exchange to empower an impoverished South African township. By leveraging bitcoin, they are generating humanitarian support to build schools, clean water infrastructure and sustainable farming systems.
With the use of the Lightning Network, Bitcoin’s Layer 2 scaling solution, Bitcoin’s new gift economy can now become circular. It allows each of us to receive Satoshi Nakamoto’s gift to find what we as individuals are uniquely gifted with, and to simultaneously return the gift by sharing our talents and skills with our communities. The more one is gifted, the greater contribution one can make.
Each person holds a key to a puzzle that can unlock the hidden treasure given to humanity. Through our active participation in the collaborative discovery of the 21 million coins, the value of the network increases. Our society — as a whole — gets enriched. Through each claiming their own genius, we together inherit the wealth of the world, delivering prosperity for all people.
This is a guest post by Nozomi Hayase. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine.