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How many times did you hear this saying from the title? How many times did you say it? Or maybe you didn't say it, but you treat these assets differently... And not just assets, but the same thing in a different form... Btw. I have recorded this video 2-3 days ago and mentioned BTC at 11K, but today it's way over that... Also, in the meantime, @achim03 created an awesome vlog about the price of crypto and how should we measure it... Check it out as it's an awesome watch and read!
In this video, I went a bit into the "feeling of money"... How we act when we use money, how we treat different forms of money... If we take a look just 20-30 years ago, everyone was using wallets... We had a couple of saying for rich people, like people with "fat wallets"... If you didn't feel your wallet in your pocket, that means that it's empty, which meant that you should pay attention to how do you spend your last pennies...
Lately, there are fewer people using cash... We have almost forgotten how money looks like... Everyone is with credit cards, debit cards, mobile payments... crypto... And when you are paying for something with a credit card, somehow that feeling is different... Especially if you were using cash in the past... I suppose that younger people don't have that problem... Is that good or bad, don't know...
But, paying with cards, or crypto is different... Personally, I have a weird feeling like I'm not spending money... As I don't see it, don't feel it, and don't have that give-and-take money process... lol... Somehow, it's so easy and comfy to SPEND money, as we don't appreciate it that much as we did before... And it's a dangerous field as it can be disastrous for us...
Check out the video for more details...
Thank you for your valuable time,
~ph~
Music in video:
Growing Up by Scott Buckley https://soundcloud.com/scottbuckley
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