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rok-sivante (75) in money • 6 years ago (edited)

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6 years ago by rok-sivante (75)

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lukebrn (58) · 6 years ago

Really interesting Rok. I've been off Steemit for a while for a reason that is very relevant to this post - I was designing an economic model for a startups token ecosystem to see how value could be transferred within the system to best fit the user and the company.

Having a huge interest in monetary theory, I generally look at value more literally, but I agree that the key is to focus on value. If you create value then money generally flows as a means of transacting that value, and if you create a good system, the flow of money is sufficiently correlated with the creation of value (ideally as an overall surplus, but even a perfect system couldn't really make that happen forever).

I think a lot of people want more money, the key is to focus on what processes will bring that money to you.

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nancybriti (70) · 6 years ago

I think obviously making or having money doesn't make you have wealth. Money buys things, but being rich has to do not with buying but with having. We can believe that by working hard or simply winning the lottery you can acquire a lot of money, which may be true! However, that will never guarantee that you will be rich, let alone believe that you have gone up in value. By this I mean, that although money is very important in our society, we cannot always buy with it all the things we want, especially those that have a lot of value, a value outside the monetary, the economic. I have seen many millionaires who are not worth a penny cut in half and poor people whose value is incalculable. Hugs for you, @rok-sivante.

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themanwithnoname (64) · 6 years ago (edited)

Here's a screenshot from episode 1 of Mike Maloney's "Hidden Secrets of Money" series.

According to this, even the central banks can't make money. They can only print currency. But currency isn't money as it isn't a store of value. Since more can always be printed, and IS being printed, it's not a store of value, so isn't money.

If you're interested in learning more about it, the link to his series is here.

I recommend it!

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1 vote

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empress-eremmy (65) · 6 years ago

If it is more money you desire in your life, focus on value, not money.

Touche, the very secret of success right there.

Crypto may chance things with a revolution of the traditional money system, but who knows...the system may just fight back with the way the banks and govts are desperately trying to hang onto the status quo

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jacobtothe (70) · 6 years ago (edited)

Not entirely true. If money is crypto or specie, it can be made by mining. And even if the pool of money is fixed, wealth can still be created since the economy is not a zero sum game.

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rok-sivante (75) · 6 years ago

Indeed. Times have changed since this was written 9 years ago. :-)

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kantos (62) · 6 years ago

Estimado amigo @rok-sivante me encanta leer tus publicaciones, siento que son muy pero muy enriquecedoras para nuestra plataforma, puesto que nos informa y nos educa en el campo económico o inclusive crypto-economía, es importante poder entender lo que dices respecto a El flujo ya que No todo es hacer dinero, sino hacer que ese dinero fluya.
Gracias por explicarlo de una manera tan apropiada y con tal sencillez.

I love reading your publications, I feel that they are very but very enriching for our platform, since it informs us and educates us in the economic field or even crypto-economics, it is important to be able to understand what you say about The flow since It is not all about making money, but making that money flow.
Thanks to explain it in such an appropriate way and with such simplicity.

Again...

THANK YOU!

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cutymeni (47) · 6 years ago

People have the ideology that wealth exist without money. Sure, but not the one that is connected with money. In fact, it's very rare that you can be wealthy without having money... To have a good welfare and to live happily, joyfully, etc, requires money. Wealth that exists naturally can be referred to those once owned by the government... For instance, there are some laws which have it that the government is the owner of land and its natural resources.
We need money to create or access this wealth. Whether it's a token that we used, it shows that money is involved. Oil wells are bought with money, the system that was used to code Steemit platform was bought with money, etc.

Great Post @rok-sivante👏👏👏Thanks for sharing👍

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aaronhawk (57) · 6 years ago

Very well written sir, props to you!

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certain (72) · 6 years ago

Dear sir !
It is not possible to get everything by money.It is better to earn moral values instead welth.

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chireerocks (72) · 6 years ago

@rok-sivante, In my opinion these Paper Money are just controlling aspect means, in my opinion Paper Money launched to control human beings and in a way i think that it's an reason for rich is becoming richer and poor is becoming poorer.

In my opinion Value is energy and whatever people think as Valuable inturn it's value get upgraded. So at this point of time in my opinion we are more controlled beings when it comes to the point of wealth because there are lot of Restrictions.

Wishing you an great day and stay blessed. 🙂

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