The Interesting Concept of Collective Success
Financial success is very much personal. One can have a group of people pass through similar processes with slight variations only to achieve entirely different outcomes. It is for this reason that it can be a lonely journey for many people and some who manage to achieve it are left ruing the cost of forgone alternatives.
It can even get toxic sometimes. Consider some workplaces where those seeking to rise act against those at the top just so they could be ousted. Another scenario is the unfortunate case of corrupt politicians and dictators who rob their country blind feeling that is the best way to personal enrichment.
We can try to disprove the impact of toxic ambitions on financial success but the exceptions are still quite significant. It takes a higher level of understanding and discipline to realize that our toxic greed doesn't do much good in the long term, even to us. Eventually, we end up destroying the source, leaving us with big heaps of nothing.
That's why the politician that robs his country blind not only damages the country, but himself and future. There is no escaping the collective impact of toxic financial decisions at an individual level. The question then should be, what impact will collective good actions have on the individual?
One Whale remarked on Hive in a comment recently that should the largest accounts on Hive decide to post multiple times daily and upvote themselves then there will be nothing left in the reward pool to spread. It was in response to a question on self upvoting. It bemoaned on me the level of short term sacrifices that some of the whales were putting in by keeping their stake, and by trying to give spread to the distribution of rewards.
Why are The Whales so Generous?
If you think all the actions the Whales take towards ensuring wider distribution is altruistic, then you are a novice investor. There may be some good intentions in the distribution of rewards, but the Whales ultimately know that should Hive succeed, they will make even more of a fortune. It is a risk on their part, but one that could prove extremely rewarding.
People need to realize that success at a community level expands the capacity of everyone to gain. This is why it is important to look out for projects with a sense of cooperation and community in the crypto space, as some projects are just ponzi schemes in disguise - meant for the benefit of the owner and a few others.
Conclusion
Increasingly we are being exposed to the concept of abundance where we lay on the premise that there is more than enough for everyone. The difference between those who decide to work together towards joint financial success and those who don't is foresight. Imagine what the future will look like for us as a community when this place succeeds.
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Personally, I believe that the best path to wealth is to find ways to help others create wealth.
People who seek wealth simply by taking from others end up in opposition with the world. Those who seek wealth by helping others are more likely to live in harmony with the community.
!WINE
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very well said.
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https://twitter.com/JohnLuha1/status/1561869954806423552
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You are right there, foresight is what we are expected to have in other to attain a brighter future. A well detailed information you've got there.
Thank you. What do you think about the future of leofinance?
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Just as large companies share some of their profits with their employees, many of them are already growing in this way. I still have a lot to learn about hive and I think it's a simple explanation from a good point of view. thanks.
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Am very sure you'll be excited about what you do find in this place
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The whales self-upvote part reminds me of "The Greedy Man and Hen" story.
The Greedy man had a hen that lays a golden egg everyday. One day, the Greedy man, out of greed, decided to kill the hen and harvest the whole eggs. Alas, he lost everything.
The Hive ecosystem will only continue to reward the whales if they learn (delayed gratification) to live with the smaller fishes 🤣😂🤣. A perfect formula for collective success.
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