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Other than Japan, I have always had a long-standing fascination with Taiwanese society. This is a bit morbid, but I find myself gravitating towards watching 月光族 (Moonlight Tribe) posts on YouTube when I am enjoying the school holidays. This year is no exception.
Moonlight Tribe refers to people who spend all their disposable income and find that they can’t save much at the end of the month. They are bound by the same narrative that most of us are grappling with. Low wages. Rising costs of living. Skyrocketing housing prices. Trapped on the treadmill, seeing no way out.
Most of these young people interviewed brought up a Chinese idiom 及时行乐 (Jíshí Xínglè). This means to cherish the present and enjoy yourself right here and now while you can. So, pessimistic about the fact that they are unlikely to achieve big goals like buying a flat or getting married and raising kids, they resort to consumerism. Spending on the latest branded goods or even seemingly innocuous-looking hobbies like watching movies and consuming coffee. Not bothering to save for the future, for who knows what the future will bring?
We do have another idiom 先苦后甜 (Xiān kǔ hòu tián) that matches the low time preference mindset. It literally means first you taste the bitterness before you relish the sweetness later. I guess in an age where fast outcomes and instant gratification are favoured, it’s not that intuitive to want to suffer now for the prospect of a better future.
I feel that sometimes we are culturally conditioned to make decisions that mayn’t be beneficial for us in the long run. For Taiwanese people or anyone who knows the Mandarin language really, the first thing that comes to their mind when they are facing a tight financial situation is 及时行乐. They have to be discerning and make a conscious effort to pivot their thinking to adopt 先苦后甜 before they can build their future with Bitcoin.
Any sort of cultural norms you have had to shake off and unplug when you embarked on your sovereignty journey with sats?
I had to unlearn being so cautious and learn to start taking advantage of the opportunities I see.
It's really a matter of having the courage of my convictions. I've invested far more intellectual energy into my worldview than most people do, so following the safe/normal/default path doesn't really make much sense.
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invested far more intellectual energy into my worldview
I like the way you put it. If we do our due diligence and put in PoW to develop our lens, then we shouldn’t be affected by contrarian societal norms
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There are almost too many things to list, but one thing that really stood out was that people with degrees aren't always the amazing geniuses people think they are, this is especially true of doctors.
More often it's a case of some deep specialization with a lack of depth of thinking in many other aspects.
I've seen almost too many examples of this to count over the years, but the first time the penny dropped for me was when I was on an exchange trip in Russia in 05.
One girl from the UK group was studying Russian at Oxford and I felt like, she must be some next-level elite, after all, Oxford and all that. This is the top percentile of the country.
Meanwhile, I had been teaching myself for a few years with nothing but self-study books (and there weren't many), pen pals, and internet radio - real old school. I had some penpal from Ufa send me some newspapers and literal VHS tapes of some Russian movies.
I was 19 I think and I still remember feeling insecure in the presence of all these people that were at university, after all, I finished school and did a little bit of college (which isn't college in the US sense). I wasn't a credential person.
Anyway, turns out the Oxford wizard was absolutely terrible, and could hardly speak. it was all book theory. The rest of the uni students absolutely sucked, it was almost comical.
I couldn't believe it, I, a nobody, was the strongest speaker there. The dorm lady responsible for our floor would come and seek me out to translate all the chaos other foreigners got up to.
That was a big lesson and I was so glad that instead of going into debt to play the stupid university games, I taught myself, saved up, and then actually went and lived in the country.
For lovers of credentials, I did independently take exams too later on and got the highest level Russian as a foreign language certification there is, that was more of a personal goal though and it never made a difference in my life financially speaking.
The other underlying lesson was that, if you have passion and persistence and put the work in, you can self-educate to whatever level you want.
Education is something that can happen anytime, anywhere and people who think you need to have some piece of paper to prove your worth are nothing but fools (caviat - i understand there are professions like medicine, surgery, and flying planes, that require a formal structure and certificates)
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Really nice to read! Thanks for sharing so much about yourself. As a school teacher, I actually agree with you. Our grades only show that we have mastered well the curriculum content, but it mayn’t indicate our ability to hold a decent conversation outside the confines of the syllabus. That’s why I always confidently tell my experienced parent friends that I am very confident I will be a chill parent and not get stressed over the pressure cooker that is our education system. It’s more important to inculcate the intrinsic motivation to learn in my kids, just like what you did for yourself
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no problem, i think it's sad when kids have so much pressure put on them, especially these days when the future of the workforce and income generation looks very different.
as long as we remember there is always a path and a way and help kids explore their interests, there will be hope :)
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169 sats \ 1 reply \ @k00b 19 Dec
Any sort of cultural norms you have had to shake off and unplug when you embarked on your sovereignty journey with sats?
Diversification is a big one with a lot of bitcoiners. Money has sucked for so long and other assets have been so unaccountable and unverifiable and vulnerable to things outside of our control that diversification is common sense.
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lol. You reminded me of this post I wrote earlier this year: #420816.
I am still bound by the diversification chain. I think I will only think seriously about going all in on BTC if I manage to receive my wage in sats. But it is impossible because I am a public servant lol
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It's a lot to say, I had to unlearn a lot, like actually almost all of the things from my family home. Let me share a few that are coming to my mind:
  1. TV news are something worth to follow...
  2. So called "majority" of people is usually right (the biggest bullshit I think),
  3. Alcohol is okay if you do it it moderation; nope, not in my life. 2 years sober for me soon :)
  4. Stick to one job for as long as they want you hired... yeah, almost like my job preferences will never change?! And even if they refuse to pay more? Im a human not slave, thanks for this one
  5. Animals are not family members -> nah my kitty will never wear any mask and always is authentic y'know? I call it family and I'm convinced they have souls exactly like humans
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Thanks for sharing this thought provoking post along with the Mandarin idioms. The vast majority of people, the wage earners and blue collar working class, have little hope of saving their way to a higher standard of living. After years of saving fiat, they see that the house or flat they want is rising faster than their ability to save. At a certain point, saving becomes pointless and in a greater context, life becomes hopeless. This conclusion justifies immediate gratification, gambling, lottery prayers, alcohol and drug abuse, and other short term gratifications because there is no point thinking long term any longer. That being said, we should cherish the present moment, but not at the expense of the future. Sound money changes all this. Now the working class can save for that house or flat. Bitcoin brings back hope and purpose and something to look forward to. Saving essentially gives your energy and work today to society with the expectation that you we will be able store that work-energy and redeem the same value in the future. That is the purpose of money. What fiat destroys, Bitcoin restores.
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You understood the intent of my post so well! Thanks for sharing similar sentiments
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53 sats \ 3 replies \ @ama 19 Dec
I had to unlearn all the malicious and nefarious religious bullshit they taught me at school. It didn't take much time or effort, of course, for it's all far too ridiculous to even make any sense as soon as you think a little.
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What was the impetus that made you examine all this religious bullshit though?
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24 sats \ 1 reply \ @ama 19 Dec
I think it all started when I was 10 years old and my sister was 8 years old. We started talking about how little sense all we were being taught about god, all the bullshit about rewards and punishment in the afterlife depending on your behavior "here" , etc., made.
We went ahead and read some more of the bible (what a disgusting book!), where we soon learned that god is the most despicable character in the Universal Literature, which men created in their own image, and therefore it became a revolting misogynistic homophobic racist despotic tyrant.
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Thanks for sharing!
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shortly into the stacking journey, my gf and i started sharing a meal when dining out instead of each ordering a separate meal. this requires consideration of each other's preferences and needs; holistic thought is activated. when dining out with normie couples, it is obvious that our decision-making is very different. we can actually no longer handle a large meal!
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You remind me of a saying advocated by Okinawans: hara hachi bu (腹八分目). Eat until you are 80% full. This is attributed as one of the reasons for their longevity.
Most people will think of sharing a single meal as depriving themselves, but you and your gf reframe this as an opportunity for discussion and deeper bonding. You should mention this habit in your wedding video in the future haha
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i struggle with chewing thoroughly - basically i forget to do it, because i have been eating quickly for most of my life. chewing at least 30 times should be the minimum - that will further reduce the amount of food needed until satiety. another trick someone told me is putting the eating utensils down for the duration of chewing.
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You are so mindful about every aspect of life! Does your perfectionist streak bother you? As in, don’t you wish you could just let down your guard n relax sometimes? Haha
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people have fallen very far from a natural way of life due to societal conditioning. elevating myself back to baseline will take a lot of thought and action. avoiding incorrect behavior shud be the minimum requirement, and that will be enough to have total peace on earth.
today, madness is the norm, and i no longer find that acceptable. of course i slip up all the time, oversleep, overeat, underperform. i talk about it, forgive myself, and commit to doing better next time.
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Great to know that you cut yourself slack. I thought you are trying to be a superhuman haha
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48 sats \ 5 replies \ @TomK 19 Dec
Keynesianism which they implemented in our virgin brains at university
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As someone who did not study economics in school or university, are you able to please expand on this? What were the fundamentals of your curriculum that you had to unlearn?
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11 sats \ 0 replies \ @TomK 19 Dec
Oh yes. Where to start... the fundamentals of economics in academia are keynesian theories which implies a crucial function of gov intetvention. The illusion that it's possible to implement makro management successfully via the yield and spending channels. No austrian school theory, no praxeological analysis, no real mikroeconomic thinking
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virgin brains, he says!
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What made you see the flaws of Keynesianism (and consequently, the light)?
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11 sats \ 0 replies \ @TomK 19 Dec
Well, to be honest: btc. But I had strong libertarian tendencies before and knew in my bones that it was flaw. The btc community put my thinking in the right direction
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sometimes I forget the most important moments, like forgetting to put a file in the cupboard, it's still on the table, if there is a small problem I also have to forget it, remembering that small problems are not that important, and the problem with my ex, I should also forget him, because he has belong to someone else, and may never come to me again.
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Sorry to hear about your ex. I hope you find someone even better soon
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Pretty much everything. The whole way I view reality has shifted. Of course this change includes but also goes beyond Bitcoin.
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You are now Infinite xP
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Till all the peels (as an onion) will be out
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I had to unlearn the tendency to think i am smarter than everybody else
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