What is Nostr?
DesertNomad
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2024-09-04 07:52:22

DesertNomad on Nostr: How to Build Wealth (Without Relying on Luck): (1 min read) Appreciate likes and ...

How to Build Wealth (Without Relying on Luck): (1 min read)
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Focus on creating #wealth, rather than just chasing money, status, or even #temporary trends. Wealth consists of assets that generate #income while you sleep—like #Bitcoin or businesses that align with your values. Money is a tool for transferring time and wealth, while status represents your position in the social hierarchy. Freedom, however, is the ultimate goal, allowing you to live life on your own terms.

Understand that ethical wealth creation is not only possible but essential. If you secretly despise wealth or freedom, they will elude you. Embrace Bitcoin and decentralized technologies like Nostr, which empower individuals and break away from traditional financial and social systems.

Disregard those who focus on playing #status games. These individuals often try to elevate themselves by undermining those who are focused on creating wealth and securing #freedom. The Bitcoin and Nostr communities are built on principles of long-term value and integrity, not fleeting status.

You won’t achieve financial independence by trading your time for money alone. True freedom comes from owning equity—a stake in a business or decentralized network that aligns with your principles.

Wealth is created by giving #society something it desires but hasn’t yet figured out how to obtain—at scale. Bitcoin is a prime example of this, offering financial freedom in a way that traditional systems cannot.

Choose an industry or technology where you can engage in long-term ventures with people who share your vision for freedom and integrity. The internet, Bitcoin, and platforms like Nostr have vastly expanded the possibilities for creating and sustaining wealth in ways that most people haven’t yet realized.

Engage in repeated, #long-term efforts. The greatest rewards in life—whether in wealth, freedom, relationships, or knowledge—come from the power of compound interest, both financial and social.

Select business partners who possess high intelligence, #energy, and above all, #integrity. In the world of decentralized technologies, trust and integrity are more crucial than ever.

Avoid partnering with cynics and pessimists. Their negative beliefs can become self-fulfilling, limiting your potential for wealth and freedom. Instead, align with those who believe in the power of innovation and the freedom that Bitcoin and #decentralized technologies can bring.
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