The Untold Story of a Cryptobillionaire

in story •  7 years ago  (edited)

yolanda.png

Imagine someone in the middle of a forest with nothing but shelter and a modest Internet connection. This hermit is well read, knowledgeable, and highly critical. She's the kind that always picks up on crowd sentiment way before it builds into a frenzy. Meet Yolanda. The world's biggest information addict. Intellectual curiosity led her to Satoshi's whitepaper and 72 units of Bitcoin back in 2009. Naturally, she rolled her cryptos.. flipping them like you would a vegan meat patty, moving into high potential coins before the massive pumps.

She has been one hell of a player in the game. A cognitive elite that wouldn't have been able to go big without dealing with meatspace problems in the past. Started with nothing but a laptop, her net worth is now $1.55 billion dollars. All diversified into 99 different cryptocurrencies. Her only problem was - "what's this all about?"

Is there ever any consensus over what the future of humanity should be like? Yolanda took months attempting to figure it out. No answers. It would be foolish to assume there's one single consensus. The next best thing is to look at capital formation and technology. They have always been leading the charge. So with the thousands of cryptocurrencies flying about in electric air, Yolanda assumed the following:-

  • Social structures are being decentralized.
  • There will be many different kinds of societies trying out different things.
  • The returns of state enforcement will be severely reduced.
  • Nation-states will downsize and fragment over time from the lack of control.
  • Large-scaled wars, especially over physical resources will be a thing of the past.
  • Local cartels could grow in power from the lack of central authority.
  • Smaller jurisdictions will emerge, popping up like wild mushrooms.
  • In the future, choosing jurisdictions will be like shopping for jeans.

yolanda2.png

After mulling over a cup of Darjeeling, Yolanda charted her next gameplan on recycled paper, sent in by one of those Amazon drones. She knew that markets are largely emotional, thanks to the ebb and flow of social media. Which assets aren't media influenced anyway? Talk about intrinsic value.

Yolanda also understood that she's only one person. She cannot do everything herself, despite having dreams of a better society that she could one day be part of. In her opinion, capital should be focused on the sharing economy and a zero-marginal cost society. Or else, what's the point of money, if not to create an abundance?So with $1.55 billion in hand, she thought - "Should I create, or curate the future?". She chose the latter, fully knowing there must be people that are smarter and more resourceful out there.

Laying out the gameplan, Yolanda recognises that she has been curating cryptocurrencies all along but had never considered content curation.. the soul of cryptocurrency curation. She had only been a voracious content consumer, curating for herself. Looking deeper into the matter, it turns out that content curation is not as simple as it seems:-

  • There's a case of curating for immediate or latent potential. Curating seemingly inconsequential content produced by someone relatively unknown could even have great effects at a later point in time.

  • What she considers great content might not even resonate with anyone else.

  • Long or short form content? Details and poetry are persuasive, but readers might do better consuming simple content.

  • But the economics of traditional social media doesn't seem to work out. It might still work now, but maybe more people will start tuning into a place where attention is treated as a scarce resource. Payout over number of likes. Something like Steem, perhaps? She could also exert more influence that way by having more stake in the system instead of having to compete against a system in which likes that are given out freely without consequence. Does it even matter?

  • Why not curate the curators instead? The only way to speak into everyone's minds is not to have one specific information curated, but many to speak into the minds of the masses. Not everybody speaks the same language anyway, and not everybody thinks the same at all, even when faced with the same content.

yolanda3.png

It was a tiresome process trying to figure out the probabilities, and she began feeling like it's just too much trying to have absolute control. It's an illusion. Sure, she enters and exits her coins like a boss, but it was the work of entire markets that actually made her one of the most successful cryptopunks in town. No one's truly independent after all. So she decided to maintain with her portfolio of 99, and as for Steem.. she has decided to take her time accumulating a huge amount while mentally curating the curators. Surely, that's the best thing to do? Maybe some day she'll know what to do with her bag of coins.

Next stop: $1 trillion dollars in magic internet money.


I know this is sucky fiction lol.

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Very interesting thought experiment @kevinwong Yolanda debating about the role of content and it's 'potential' value.

I would suggest that the majority of content (what some would say is of low value)
Photos of everyday objects, food, even cats etc is exactly what many people share. It is what is important to them.

I don't see this content as being of little value to future generations. In fact quite the opposite.

The most interesting finds in archeology are found in the simplest cave drawings and the leftover scraps from midden piles.

In this way we can reconstruct what was important to those societies and individuals.
Curating the curators is a good idea but don't forget to add your opinions too.
Where would we be without the ancient curators and their commentary on their era.

We often find recurring themes down the ages.

A fascinating blog Kevin. Thank you.

Thanks @molometer, that's a beautiful response. I think the reason why some would say it's on the lower spectrum of value is because its the majority of content and hence, not as rare or novel.

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well said!!

@molometer obviously understands value. I really appreciate that given Yolanda's billions. What is wealth? How does it relate to value?

that is an interesting experiment :)

What a great thought experiment!

Curating is something wonderful, and not just content, but people. Perhaps Yolanda hasn't had to learn this, but at the root of the outsourcing movement, we have the fact that humans are creative and innovative problem-solving individuals, and no one group is worth more than another.

When we curate value, looking for undervalued elements, and combine this with some market indicators, as I am sure Yolanda has done in cryptos, we realize that we can do big things with small budgets.

Yolanda should take a small portion of her wealth, seriously don't start with more than a million, even with her portfolio size, a million is a lot of money; she should have a fund to inspire projects that she likes. I like to go to upwork (or any number of other sites) and find friends from Pakistan, Bangladesh, India, UK, Poland, (these are my current freelancing team) and build a team around a great idea!

If Yolanda finds a project she wants to 'curate', instead of donating money, which can be the death to all but the most organized projects, she can donate hours from quality freelancers from around the world.

Anyways, just my two cents. Steem on!

Clearly you’ve been involved with the outsourcing movement actively. What have you working on in that sense if I may ask? Yolanda likes to have control hence she didn’t consider outsourcing much at all, although curation on steem seems to be a decent way of doing that ;)

Yes I have been actively enjoying outsourcing and working with talented people from around the world. I outsourced myself to South America in 2009, for the last couple of years I have been doing freelance work, getting my own business together and learning the ropes, and just this past year I have started building teams of freelancers to accomplish bigger tasks.

I have done a lot of translations, transcriptions, now more and more web application development, and we are getting into video editing and animation as well.

Blessings!

Imagine an old man who spends a lot of time at home with his computer. He has little knowledge of crypto but is starting to learn. Suddenly the value of steem explodes, he’s worth millions.

Lol its the perfect case scenario xD

Yes, good story. Sometimes these tales seem too good to be true. This one is probably true though. Someone with a bit of intelligence, got lucky and hit the Bitcoin jackpot. Good for them. I'm looking for my turn, maybe Steem is my chance. I curate and add content almost all day long, 15-18 hours a day when we have our power on. I am trying to get others to join Steemit every day and I'm just waiting for something to break my way. Some day.

That's very imaginative, this let me doubted myself for a while. Would I ever have the courage to pick up the massive responsibilities of maximizing and benefiting the community from cryptocurrencies or would I just back out. Indeed a deep thought for me~ Nice topic to be chosen to share.

Much easier to just mind our own business, that’s for sure.. lol. Glad you enjoyed the read :)

Sweet :)

You write really well in this fiction myth crypto style. I need to get a date with this chick she seems pretty cool.

Curate the Curators, an interesting one. You've probably seen what @fulltimegeek has been up to with his Steem Power? For us lucky ones, I feel it is our duty to be curating right now.

Looking at the recent stats, 30 hands are better than one and i think the plan is working out. From this, I think some of us have picked up the odd vote from 'higher up', so in effect are being curated also.

Sorry if i drifted off topic, a nice tale man :)

I need to get a date with this chick she seems pretty cool.

Lol no crypto knowledge, no date.

Curate the Curators, an interesting one. You've probably seen what @fulltimegeek has been up to with his Steem Power? For us lucky ones, I feel it is our duty to be curating right now.

Yup I just found out about that. Personally, I'm more for following the votes of trusted accounts, which reminds me that I need to consider some more accounts..

  ·  7 years ago (edited)

No date indeed. What are we going to talk about otherwise?!

I must say, some of the delegated accounts seem not to be doing as I would expect them to do, if It was my SP they were handling. So I can see what you mean with trusted accounts.

We can get a pretty good indication of what is happening (both myself and FTG like running stats) which does help, I think.

I'm wondering how would you define a trusted account? Is it related to for example, time on the platform, consistency of content?

Cheers

Oh not really those dimensions, just a simple "actively looking out for the platform"

I think that sums things up nicely. Thanks!

Beautiful and so simple

I see loooooots of super cool chickies around for you to date.
Might have to make a “steemit-tinder” swipe list for the “blind” ones who got too much delegated power in their hands, not to mention those whales who can’t find value in “loylity to the platform” members.

Dude, this is great... I thought it was a real non-fiction story at first. This is an awesome kernel... maybe this can be spun out into the sequel to the @hardfork-series (-: wait, no it's the prequel !

Hey thanks @clumsysilverdad, so I guess there are people digging in cryptofiction. I thought it was too nerdy at first :p

Cryptofiction would be cool. No sci-fi story is mentioning blockchain in future. And right now new history is being written by digital world. The one no one expected.
It would be great if there would be community for fiction on Steemit.

If you have a billion in your account, what will you do? That kind of question, if thrown to anyone, I think no one could answer that straight and clear. She could become a 'batman' like figure too! Having no worry about financial part, just do what she thinks is good for the future and meet people up. Anyway, it is a myth :P

"I'm Crypto-Batman."

What will you do? :D

Likewise, I am stunned when you asked me back. haha
With a billion, that's a lot of weight there. I would rather invest in different companies and let them utilize my money. Holding too much liquid doesn't bring me satisfaction, as the money just laid there doing nothing.
I think I will go nomad! Travel wherever I want and establish an Atlantis city or a space city!

Great plan and as good as it gets actually!

Haha, I will let my imagination leads the way. Great story there. Short yet enticing.

Not bad fiction at all.
Not sure I could be Yolanda.
I'd like to be that smart and altruistic but I think I'd be in Acapulco smoking alot of weed and giving Jeff Berwick a run for his money.

Lol you have to be in Acapulco to smoke that??

No but the scenery is bound to enhance my buzz.

I don't think that this is entirely sucky fiction, @kevinwong, but wonder if it might be slightly veiled autobiography ;)

Might you be overhearing an inner Yolanda, questioning 'What is it all about?' I know that I identified with much of your/her musings, here (obviously, minus the billionaire bit).

Perhaps, the answer to the existential crypto-quandary is that we are, as we have always been, negotiating the parameters of our Freedom...

Lol it's most definitely not, I'm just a guy in his pyjamas. But I guess fiction writers usually have parts of themselves in characters they make somehow?

Perhaps, the answer to the existential crypto-quandary is that we are, as we have always been, negotiating the parameters of our Freedom...

Very true, I wonder what other mindblowing crypto apps are out there waiting to be discovered..

It’s the not knowing that keeps us restless, hungry hoping — and at the edge of our seats.

Or, as I put it (metaphysically) in a poem: “If Love were not always a step ahead, how would it ensure that we kept up the chase?”

I wish I was Yolanda, the ability to read social signals and perceive trends while still subtle are what made most millionaires and successful people. I think it has been confirmed that an investment or technology is most profitable to invest in while the masses are still ignorant of it, once the bubble comes, we can only prepare for the burst. If I was Yolanda, I will be moving at least a 3rd of my wealth into more tradition portfolio assets. But that type of money, it's brings so much confusion, I will probably dye my hair and tattoo my whole face.. Lol

For all we know, a version of Yolanda might already be among us. I'm not a smart guy, though I can definitely get behind her ideals. If only i can play my part and be a willing cog in a machine that drives change to the way civilization functions.

Meta-curation sounds awesome. In fact isnt that's already what's been going on in Steem with some low-profile-but-immensely-powerful-whales?

great fictional write up as always, i hope to write as good as you given enough time and experience. Certainly gets the grey matter flowing and thoughts wondering.

"what would a person do with 1 billion Dollars worth of cryptocurrencies spread so thin no one knows about that person's existence"

Don't have to be a cog in the machine!

In fact isnt that's already what's been going on in Steem with some low-profile-but-immensely-powerful-whales?

Yeah.. it's already happening anyway. Maybe Yolanda will drop $1 bil onto the platform? lol..

And thanks man, I didn't think it was that good, not very fiction-like with bullet points and some weird phrases, but spent all afternoon writing it so just published anyway.. :p

Well, maybe a soldier in an army. serving my small role together with thousands of other believers in the possibility of a new society..

Yolanda goes all in? I'll treat her for coffee for sure... lol. $1 bil into Steem would wreck the sell order and bump us straight into top 5 for sure. And quiet possibly we'll lose many whales along the way. I'd say its a good thing. But then $1 bil is seriously not impossible given the platform that we have. so many other project thrive for far less.. i seriously wonder what's keeping steem behind...

You write that in a single afternoon? damn you underestimate yourself, that's no small feat.. No way i can come up with such an interesting and well thought-out read in a single day.

Nice Story!!!!
Yolanda Rocks :)

She is the reason SBD value is so insanely High hahah!

I love this kind of fiction. If you think it sucky then my tastes suck. I could see this as a movie, almost like ExMachina.

Lol thanks man, I'm just not used to try writing something like that. Btw, it would be really nice to learn up indie film production - low cost, high impact.. hmm

That’s the Kevin I remember when I read one of your articles for the very first time. The time when our “steemit- planet” felt like a cosy and comfy cocoon. Imagine what the future holds....I slowly can see it.
I read in the first comment by @molometer

I don't see this content as being of little value to future generations. In fact quite the opposite.

BTW, I always call it #monopolymoney I play with

We’ve come so far :) haha which one is monopoly money?

OMG I always forget the difference of our generations.
We used to play “Monopoly” with paper printed “Pretend-it’s-real” money.”
Kevin, No computer games those days for us youngsters.

Monopoly is a board game where players roll two six-sided dice to move around the game-board buying and trading properties, and develop them with houses and hotels. Wikipedia

I also 💕cats&dogs lol

@kevinwong - That is an enthralling tale of a enlightened individual visualizing decentralised future and realizing that well curated decentralized minds and not matter will be the crux for positive growth of humanity. I love the point by point analysis of decentralisation steps that have been predicted in this story. I hope this becomes a true story some day.
Kudos for this. Imagination and vision rolled into a potent story!!
Upvoted full

Regards,

@vm2904

Like all predictions, most likely won’t come true, although following tech is the best bet :) cheers brother

i wanna live in that harmony alone and peaceful ...i was completely at a different world while reading your post shows the skills you have @kevinwong i am stunned

I almost spit my coffee out when I got to the end and it said

I know this is sucky fiction lol.

I was all into it thinking this was real. But...we are gonna be rich boys!!!!

You know, you created a plausible character... and that means you yourself can think in a brilliant way too.

I specially enjoyed reading where you'll think society is going to go, but wanted you to choose the option "create" rather than "curate"... new episodes would be thrilling :p

Very good write-up, read it until the end before blinking :D

Lol thanks man, appreciate it I just spend a lot of time thinking about such a character. Maybe I'll add another miniepisode about her being impatient and going the create route instead xD

I'd love to see another episode of this one.... Cheers!

This is an awesome story.
Yolanda seems to be a very interesting person to me.
Didn't understand it was fiction at first haha.
This is thought provoking. I have to think what would I do?
Very interesting post. :)

I was carried away with this fictional story. Yolanda after this will live in Las Vegas. hahaha lol

Cryptos are better than casinos!

strongly agree with your thoughts

Is Yolanda lonely? :(

Love the story! That's just the beauty of cryptocurrencies. No doubt the entire planet will eventually be one big decentralized ball of rock. Just as nature intended.

haha with those kinda money wasnt she supposed to hire at least 20 bodyguard to protect her first?

But nobody knows :)

Absolutely great memorable story. Change peoples mind from cryptocurrencies and keep going more and more. I saw currently more peoples trust and going backward bitcoin. bitcoin already of head of cryptos and also of peoples. As me steem valuable one and when I saw rising. Its my chance to improve more power up or sell & earn more.
Cryptocurrency based steemit change my mind and think sure will get more advantages future.

The epic saga that was a stunner of a post bang on !! great creative mind

$1 trillion dollars not far away just a matter of day ;) ...by the way this story made my day :D

Oh I should've made it clear. Yolanda wanted to achieve $1 trillion instead..

hahah then it just a matter of seconds damm lol :D

Interesting write up dude.
For a second, I thought it was a real story! xD

Fun fact, a woman named Yolanda lives in my neighborhood. Just wanted to put that out there.

If she seems distant, you know what she's thinking about..

I think if you reach these heights, that using it in the tangible world where most will continue to live, would be the key.

Yolanda is a wise and perceptive lady who understands the world and opportunity. To be half that smart is a blessing. Thanks for sharing my friend as it is an insightful read.

I know this is sucky fiction lol.

Actually until that line I thought that the person you "Created" was real. So I would have to say it was very good. And if you did all those pictures you have not one talent but two very impressive ones. I loved the pictures I don't know which one I liked the best, the second one with the small reflecting mountain lake, or the Urban Apartment one. Two opposite poles. Thank you for the piece, and I am glad that @mammasitta resteemed you so I could read and view your story.

The downsizing of nation states sounds scary but maybe it could allow people to have a greater impact into how the state is run. Not sure why this girl doesn't just buy a whole lot of steem and delegate it to whorty projects.

An excellent story and this passed way shows the whole history of the existence of the crypto world, as something new and not forgotten! Thank you @kevinwong

@kevinwong, That's a great article of pass way of cryptoworld. You nicely wrote since start crypto blockchain. Without anything she got successful way now she has crypto billionaire.Amazing also attractive. She was great player in this game. So why we are worrying about her. She's already being our life part. Cryptoland giving access to the bring forward BTC also other cryptos. It seems many of crypto sources, what's the positive progress her.

She was inquisitive and that gave her the opportunity to get in early into bitcoin, but as they say, a good opportunity is one that is never late to get into. So is the case with cryptos, they are all still in their relative infancies.

What a nice crypto-based fiction. :)
And like most of your posts well written.

You are a creative genius . I Really enjoyed Reading this. Cryptoland is somewhere between fiction and reality and sometimes I have to almost pinch myself to realize it's the ladder

What does Yolanda have to say about Decentralized Political System? Interested to hear on that part as well 😊

Let me ask her :p...

Yes, a single person can not change much. Although ... some are alone changing the world.

Why not curate the curators instead? The only way to speak into everyone's minds is not to have one specific information curated, but many to speak into the minds of the masses. Not everybody speaks the same language anyway, and not everybody thinks the same at all, even when faced with the same content.

I can not agree more, different people with different kind of opinions in the same situations.

So it was more profitable to use her coins to curate the curators.

Woah! This is super amazing! One of the best story I've read on Steemit! You had me at sting like a feather, very well put, great description of character and this vision you presented through it phenomenal! Loved it so much! ☺💚

  ·  7 years ago (edited)

Loved the story and the pictures!

#Bitcoin is really making life difficult for users in terms of high transaction fees and confirmation speed. Just that it is the only gateway between fiat currency and Cryptos. Bitcoin is in need of a rival to curtail its excesses.

It is not the only gateway. I use coinbase and buy right into litecoin. I am becoming a broker, and let my local customers buy into litecoin or steem directly. Find a better broker friend.

great creative mind.........../////////

Who is this Yolanda? I want to date this billionaire crypto hermit

When I'll crptobillionaire give you half of my part..Lol..
Why she handed $1.55 billion?

If you do a lot with a little, you'll do great things with a lot.

But if you do little with your little, chances are you'll do little with a lot.

I love strong, intelligent and successful women.

This story made my day. She should protect herself really well otherwise she might get kidnapped. Inspiring one. Thanx for sharing.

I love the way the story goes. Interesting indeed!

all i can say is that we need to keep learning ... very cool post it was not sucky fiction damm

Nice post @kevinwong

@kevinwong.... unavailable photo and great creativity
super intelligent post, thank you for taking the time to create and share. love to read you post.but these kind of posts do make it easier.
upvoted and resteem

such an amazing post...!

posting sangat menarik rakan anda, anda pakar dalam bitcoin ..

This was super interesting, it took me for a ride, @kevinwong

Hi brother @kevinwong
I hope you are fine and apologized for the period of absence and lack of communication
It was just a story of digital currencies The idea is what it is. To be realized, it must be self-appointment, an appointment is nothing but. Therefore, its content is the same. Its endless relationship in itself is that it must be in itself ...........
Now what happens is the harvest of the fruit of an idea that has changed many concepts
So I think all things are possible
I apologize for the English language is not good and also apologize if you understand the subject in a wrong way
Well I hope you support my brother @kevinwong and apologize if this bothers you

wow nice story..i really felt it..you are a very good writer..you can talk to the hearts of the people :)

  ·  7 years ago Reveal Comment

I've had VERY similar premonitions lately. I see so many different aspects of decentralization solving all of our modern day struggles.

I've been interested in creating a democracy coin. 1 coin minted per citizen. Everyone gets 1.000000 to vote with... and can use any set amount on any one vote. Providing everyone the same influence as everyone else.

''The Untold Story,'' woww what a name a select for this post. It's really awesome story ... I read your whole story and you just impressed me lot. As a new user i have huge lack of experience about this site and always iam trying to learn from like this post... There are to many user who has very good writing skill you are the one of them.. Thanks for your awesome post...

Really a wonderful story and its content is very good in view
Greetings to you

Steem is magic internet money. We will be billionaire one day when steem explodes :)

Yolanda's very inspiring story. I think, a beginner like me will face many obstacles in understanding cryptocurrency, blockchain, and so on. But that is no reason to quit because there are many ways to understand the system.

Thank you @kevinwong for your great story.

I like how you provided information of the crypto world in a story, it provided insight to me about the possibilities that this magic internet currency can bring. I like how she has a massive vision, involving the masses, building a new world... it's happening, as we speak :)

Well said @kevinwong. Keep awesome!

  ·  7 years ago Reveal Comment

Flagged for copy pasting comments made by others

that's exactly what I'm thinking and I do not understand why I get the flag but you can give it away
I'm really new here and it's just worth to be thanked thank you very much