Age Of Abundance: Benefits Of Early Adoption

in #steem6 years ago

We are ushering in a new era and everyone reading these words is part of it. The world of scarcity that humanity was mired in for most of the last few thousand years is about to come to an end. While it will not happen overnight, the process is started. For this reason, it is incumbent upon all of us to help bring it to fruition.

A large part of this process is the shift in money supply that we saw with the introduction of the Bitcoin white paper a decade ago. As many of you are aware, this took the creation and distribution of money from the hands of a few and gave it to the many. Today, anyone can create money with a bit of technical know how.


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This shift moved us from a world of scarcity to one of abundance. To me, this is the onset of the new era. No longer is humanity obliged to live under the old constraints. My view on this is further confirmed by the attacks levied by the establishment. They are equally aware of what I am referring to. This is causing them to do whatever they can to try and stop it.

The reality is that, in spite of the attention, very few are aware of what is taking place. This is going to be a process that takes between 5-10 years to emerge. The masses, most likely, will not see the implications of this until 2023 at a minimum. The hold on attention by the establishment is just that strong. Plus, people who were abused like humanity was are not easy to sway.

This is where each of us, as an early adopter, has a major responsibility to do all we can. There are a ton of naysayers out there who doubt what is happening. I see it most days on this blockchain. Many of the comments come from people who dispute what I write about. That is their right. However, it appears that their viewpoint is not from a basis of research but, rather, a lashing out of their own internal feelings. Some people simply refuse to let go of the negativity they are mired in. The fear is that great and we are all subject to it.

That said, consent is not required for evolutionary revolutions to take place. Many asserted the Internet was nothing more than a place for hookers, drug dealers, and pornographers. Ironic, they are saying a similar thing about blockchain and cryptocurrency. The question is were they right? Looking back, of course they were not. Hence, there is a good chance they are incorrect this time also.

Almost on a daily basis, the STEEM ecosystem is offering opportunities to those who are on here. It is sad that I run my monthly SP report and the amount of Inactives keeps growing. Nevertheless, they simply are people who did not stay long enough to see it.


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The question I have for many on here is are you taking advantage of your early adopter status?

We are presented with opportunities that others, a year or two from now, will be wishing they had. I know how this is. This month will be my 1 year on the STEEM blockchain. Most days, I watch @exyle's videos. He is about 14 months ahead of me and I find myself wishing I got in when he did. Foolish exercise; I know. He enjoyed benefits by getting in when he did over my timing. Naturally, there is nothing I could have done; I got here when I did.

My point is that it is too easy to get caught up in looking back and miss what is in front of us. Yesterday, I wrote a post about @actifit and becoming a Dolphin in that community within a month without even delegating any SP. Any small account can do it. That is an opportunity presented to us today.

https://steemit.com/actifit/@taskmaster4450/actifit-become-a-dolphin-in-a-month

We can say the same thing about @steemhunt and @air-clinic. These are two applications that are "airdropping" tokens to Steemians right now. People can get rewarded for doing different activities that probably will not be available to someone joining a year or two from now.

Even the main token on this blockchain offers an opportunity. Yes, STEEM is getting harder to earn. There is no doubt that it is tougher now than when I joined. Compared to when @exyle signed onto Steemit, it is exponentially more difficult. Yet, it is important to keep in mind that there are 1M accounts and 50K-60K posters a day. A year from now, those numbers might be ten times higher. Hence, at least from a statistical standpoint, STEEM will be 10 times harder to amass.

This is why I think everyone needs to value each SP that goes into his or her account. It is going to be a very rare item down the road.


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Which brings me to my final point. The scarcity world breeds fear. This is something we need to combat. Those who can start to mental embrace the idea of abundance as it is unfolding on this blockchain will be in a better position to be an example to others. At the same time, taking the opportunity of being an early adopter means that we can put ourselves in position to enjoy what comes along with that. In other words, when the STEEM blockchain does explode, and it will, we will be profiting from it.

Of course, financial windfalls is not what this is all about. It is being an example of the paradigm shift that is happening. If we can do it, anyone can. A world run by crypto-economics is going to provide opportunities for all. It is going to require, however, people showing others the way. We are all well aware of the doubt that exists out there.

Personally, I know that life got a lot better when I stopped fearing the future. My cryptocurrency holding is not such now that I can live off it or pay my bills that way. However, I do know that over the next 12-24 months, things are going to change radically within this industry. That means we will most likely see prices which will create this possibility for most of us.

Thus, it is not a question of if, but when.

We are walking examples of what it can be like to not have that overwhelming feeling of uncertainty about the future, at least from the financial perspective. I know the STEEM blockchain is going to provide opportunities for everyone reading these words to live as I just described. This is the emergence of the Age of Abundance.

I recently saw an interview with Warren Buffett that dates back to the 1980s. In it he drew the comparison between investing to the stock market. He said that in baseball, when one lets a pitch go by, a strike is called. Obviously, three strikes and the batter is out.

In investing, one can let as many pitches go by as one wants. There is always another pitch coming. One can wait for the perfect meatball before swinging.

I find this a good way to look at the STEEM ecosystem. No matter what happened, there is always another pitch coming. On this blockchain, those pitches come in the form of different projects usually with the idea of creating a SMT. If you missed the last one because you weren't at bat (i.e. on the blockchain), that is okay, there is another one coming.

Of course, there are major benefits to being up at plate now as opposed to a year from now.

That is the benefit of being an early adopter.


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Good points taskmaster4450.

You make very good points regarding benefiting for early adopters. Biggest examples are those who went into crypto pre 2017. No matter if crypto prices drop another 90% from where they are now most coins would still worth more than pre 2017. That is just insane. Thanks.

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I am really happy to be an early adopter and believer in Steem.

You are right about opportunities being many in the Steem blockchain,i missed the Steem hunt project.

I am fully here on actifit and i post daily,i need to join the curation trails.

I just read your linked article here of yesterday and am going to delegate some Steem Power to actifit.

That's a great interview. But Buffet doesn't like tech companies, never has, and he would be even less inclined to touch any blockchain project particularly at the stage they are in now. Why? Because there is no way to evaluate any token based on any hard facts and established business models. Cryptocurrency valuations are nearly completely driven by speculation and sentiment at present.

That's fine by me because I haven't invested anything I cannot afford to lose and because the upside is still stupefyingly large. For example, if the market cap of Steem reached $500B which was the market cap of Facebook before the recent crash, the price of Steem would be roughly 1,600 times greater than now. That alone would make me a multi-millionaire. So, with all the technological developments in the crypto space it makes sense for me to wait and see and not care too much about any of the short-term price action.

I can relate so much. I wish I had gotten in earlier but I just joined earlier this year. I’m glad I got in before the SMTs start rolling out because I’m pretty sure that’s what’s gonna skyrocket the price of Steem.

Early adopters are very intuitive in nature and could detect these things. Sometime even they do not know the realizable potential of their projects. Imagined the guys that sold the Windows UI idea to Microsoft (Xerox I think) or other that have sold and made millions only to see the buyers make billions!

I have made my peace with the fact that I came just two months after the price was at $0.10. ;-)

Excellent article. I really liked it. Thank you for doing STEEM - better. Good luck to you and Love.

Отличная статья. Мне очень понравилось. Спасибо, что делаете STEEM – лучше. Удачи Вам и Любви

Watching the markets today and all the panic along side with it... I just wanna show this post to everybody in the crypto world, specially steemians. We are all early adopters, whatever happens is good to us because we are here for the long term, that´s why we joined so early.

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