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We just made some strategic hive engine investments in hive engine projects we trust that pay regular dividends. Which means more burns. We also plan to incorporate lp rewards in the immediate future. Get that $gifu while it's cheap :)

Three in the books as Texas takes down Clemson 38-24. They will face Arizona St on New Year's Day in the Peach Bowl. Ohio St and Tennessee square off for the right to play 1-seed Oregon in the Rose Bowl, also on New Year's Day. Should be a good one. #sportsonleo

I feel the greatest value INLEO can give to its users is to focus on crypto prices moves, helping each other make the most out of the market.

you're right about that bro, and with that I say a Merry Christmas ❤️🎄 🎁

It will improve the value of the coin as well as we keep trading it the best way. Also most of the new ones like myself would need some good assistance in crypto Price moves

Have u checked HIVE price now, Sir?

yes, i did! :)

yes and one good move we an make is build a Leo app that gives prove charts, recommended tokens to purchase, when to purchase when to sell, I think AI can help with that. Maybe the LeoAI

I love where your mind's at. That can bring in more money to the users as they keep posting as well

Well I need to get more knowledge about how the platform works before I can form my opinion concerning this

Welcome!

Whenever you share such an amazing idea , always use the #feedback so that the inleo team can look into it , lovely

helping each other make the most out of the market.

I love this

Agreed. If we can master this value and add to the data we share and curation we can have way more from the already valuable platform

New to the whole platform but this is inspirational. I am looking forward to learning how the prices change so I can make the most of it

Welcome!!!

🙏🙏🙏 Peace to you bro

That will cause scalability and adoption issues, imo.

Agree. There are even threadcasts about crypto in here.

Yeah join in to the daily discussions 👏🦁

Bro I think the experienced guys here should create a community where they teach price actions and moves to everyone to benefit from it like the way you described, wouldn't that be cool

Yeah, I agree. It’s all over the place but things should be found in LeoFinance already.

yes there's a lot of good info here

Good idea but the cons is that adoption issues will come up. , and what about scalability too ?? But still a good idea though

Agree.

So 27k more threads are needed to be written by the end of the month. You ready to go?

Ugh. Doing final play thrus and found 1 last bug.
It is late. Will work on it tomorrow.
So close to release.

What the Hive pump means to me is that the next time my Premium runs out, I'm buying the full year! No more surprise loss of checkmark. I get to sell a little that I bought under 20 cents and pay for the entire year. Happy days!!

That's No

Wow a premium for a whole year, you'll be in Godmode throughout 2025. Respect to you bro

Good decision to sell. This will only last for a day or two. Same thing every time with these Korean pumps

Also gonna get 1 year of Premium now 👏

Way to go!! You won't be sorry.

So nice not to worry as much about forgetting AND you save like 16%

I am weird, but it is worth it to me just to be able to type longer threads all in one go.

Yeah, literally out of all the benefits you get from Premium, the longer threads is by far the best IMO.

good job.
Yep. Sell into all these pumps.

Good stuff! Bought and sold some as well. Happy days !INDEED ! !BBH !DOOK

@pepetoken likes your content! so I just sent 1 BBH(5/100)@dagger212! to your account on behalf of @pepetoken.

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I got about 100 shorts lined up, half of them edited and sexy (not literally sexy), hope I can upload to Leo soon!

wait you had to add not literally sexy, I was going to ask immediately which type of sexy happy to see you're going to post more bro

is it a bad idea to hodl Hive?

I don't know... make your own conclusions... 😆

what a nice flex! Hahah

Any coin that have a great use-case is always worthy of hodling in my own opinion. , but coins that do not have use-case is not really worthy of hodling for a long time IMO

I think not, but if we think of long long term hold, I really can't say no because HODL is only good if the crypto fluctuate but eventually rises higher than a certain base limit but Hive can still come back to it's all time low

I think that’s the crux. If it will come down to low prices, it’s not a hodl material

Yes bro exactly, so my final answer would be Hive should be for trading not hodling and also creating value in exchange for Hive

I don't think it is necessarily a good idea to keep it liquid but there's a lot of ways to earn if it is staked (delegation, curation).

Over the long term yes...until it's not.

I hold a lot and put it to work by delegating it to leo.voter to reap more $LEO. 😀

good idea

I do not know much about hive , but if hive is a great crypto that is valuable ,then hodling it is a great idea

Wow! Such timeless wisdom!

From my experience in crypto hodling, I HODL what grows regardless of what happens in the temporary. I think it's good to HODL for a short period

no way!!! But it’s a bad idea to be 100% powered up because if things get really crazy you can’t take profits. I usually keep 20-25% of my hive unstaked

No, not a bad idea. Let's say if we have power down window period as 4 weeks instead of 13 weeks, how would it be for you?

better

yes investors perhaps will be more interested. However there is a bad theology in crypto space, we welcome the incoming investment, and we do not appreciate in same sense an outgoing investment even when it is common in/out.

Good question, but essentially it's really up to what you want to do with it.

Well. The usual stuff. To beat BTC

not much can beat BTC right now... it kind of had an average of gaining 60% value every year. According to Michael Sailer

Yeah probably is, I might HODL Bitcoin because of history but I checked history of Hive and it's best to keeping trading it and keeping it and trading it and eventually growing the amount you own manually

Depends on your goals :)

Considering it just shot up, who knows?

depends on your goals.

Hive pumps are fun but I never take any action

You start now, start taking the actions

Ill probably start accumulating some liquid Hive on 2027, there still plenty of time on my plans before I take any profits 🤑

We need to take actions before hand.

What often cause the hive pumps in a situation whereby the crypto market did not pimp ??

What type of action is someone expected to take during the hive pumps ?? Sell ?

That's why I have some liquid Hive to swap for HBD for these occasional pumps.

$HIVE does what #hive wants

Oh, I'm awake to see this. Awesome. Hive stands out.

Waiting for the typical double top to even think about the quick swap out and swap back on the pullback. This is more like a typical "HIVE does what people buying it with KRW want" :D But always nice to see these pumps. Go #HIVE!

HIVE is the real bull, hence green. Rest are all vagina, hence red.

I'd really love to understand the thinking of a major pump into hive just to lose half your value in 24 hours it makes no sense. There has to be something going on where it's profitable for someone to do that via HBD swaps or something.

If I had converted HBD to liquid $HIVE when it was at 24 cents yesterday, I would have made extra cents but I missed the opportunity.
Now that it has pumped, doing so will be a loss.
Crypto market will shock you 😂

#thread2earn #dailydook #crypto

Totally agreed!

Now that it has pumped, doing so will be a loss.

What I did though, is to convert some $LEO to HBD... If it dropped, I'll return it to $LEO, if it kept pumping, I already have enough in USD value to not care about not getting more.

Now, this is something I need to do. How to go about it, please

If you can, use Keychain Swaps, or Hive-engine... Haven't tried Leodex for LEO/HIVE conversion myself...

That means I'll start with convert Leo to swap.hive first.?

Yup! Then from SWAP.HIVE -> HIVE -> HBD

You are likely to have a similar chance in the not too distant future.

i went to the market on peakd and swapped 1 hive just to try it. I think I got $.36 worth of HBD but not sure lol. I wasn't sure how to swap but wanted to practice!

Not too bad.

It is good to practice so that when big things happen you are ready.

Yeah, I'll keep watch 😂

honestly
It has face2
#crypto

Exactly. One needs to be constantly updated about the happenings in the crypto market.
Hope your Sunday is going well?

my dear, thanks for your concern
I so much appreciate it
My Sunday was cool

Hive is pumping, Bitcoin is down. That means todays release price of BBH in Hive dropped. Came in at 0.00277 Hive for today.

what’s happening to $HIVE ?! Wow back to 35 cents. And $LEO ? Six cents

The market being what it is...crazy 😅

$HIVE made a surprise pump while the entire market was red.

maybe the LEO was sold to buy the pumping hive

more pumps. Just sell into it

don’t see it go beyond a dollar

I doubt it will hit 50 cents.
But yeah a dollar would be straight up and the down.
I sold a bunch of Hive at $1 in the past.

I feel it is dead token.

Hive has the nature of quick wicks. So it make sense to place buy sell orders at unexpected prices.

exactly

I Like what I see today.

A GREEN island in a Red sea.

HIVE does it again. Being different in a the crowd of crypto 😀

Amazing to see Hive within that list and in green

Hopefully it holds I doubt it though

Sperm is kinda green and vagina is kind of red. HIVE is the real bull.

😍😍😍🥳🥳🥳

62 people died due to Rice and food sharing stampede in Nigeria.
There's a lot going on

Oh no, not again.
Why can't people just learn for once.
Which state did it happen?

You can't make this stuff up... I totally forgot about HEX token but the founder Richard Schueler is now listed on EU's most wanted page lol.

A quiz for total dorks.

A

I know it's not B, C or D. So my guess is A 😀

Satoshi is from Japan I think, so I think Japan should be the answer

officially I think it is A.., unofficially it should be USA or Japan

Switzerland ??

fiat currency has an inherent inflation. While inflation is not bad as long as it is controlled, justified, U do not really have any control on the people at the helm who manipulate this inflation game at their whims.

TRue, that's the problem on all points, it's not controlled and we don't control those who let it run wild

yes.....

QUESTION: Is Cub Finance now defunt? I'm just trying to clear things up for the year end but can't connct with Metamask. Farms page goes blank and nothing happens at all on other pages.

Yes since a long time ago. They also had a scheme where they paid back people for unstaking cub but that has also closed.

OK. Thanks. it would be helpful if the website had a banner across saying no longer in use or something. Or if i had a better memory. 😂

Yeah understand what you mean :)
Hopefully they will take it down :)

I think the number one predictor of whether hive will pump is whether or not I was about to buy the day before and didn’t.

And whether it dumps or not is predicated by my almost selling.

So, Let us inform when you sell your Hive. At least we can make some profit from your signal😅😅.

#fun #cent

it doesn’t work if I actually buy or sell. I have to think about it and say “I’ll do it tomorrow”

Always seems to be the case for me as well. 🤣

Tell me your when you buy or sell HIVE 😅

it only works when I say I’m gonna buy tomorrow

ah I'm sorry to hear that xD

hahahah it's super unpredictable. But You got a great style

the hive price trying to make my Christmas brighter??

i guess the hive price wants you to have a detty amazing December

YES bro hope it stays that way throughout Christmas, happy to see this

I don't know if it will last until Christmas. Best to grab profits now!

Its Christmas every day!

Every Hivean's Christmas 😀

won't it just tank like usual? Im trying to figure out if this time is different lol. I watch the pumps come and go without ever doing anything!

you have to have liquid Hive to take advantage of them

yeah It usually does.

Maybe... Hopefully. I think.

Hi, @dkid14,

This post has been voted on by @darkcloaks because you are an active member of the Darkcloaks gaming community.


Get started with Darkcloaks today, and follow us on Inleo for the latest updates.

@pepetoken likes your content! so I just sent 1 BBH(8/100)@dkid14! to your account on behalf of @pepetoken.

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I'm a new comer so this is the best I've seen it. Makes me believe it can actually climb pass a dollar someday

Wake up in the morning I saw one green light in my portfolio while others were red and I found out that the green light coming from the $HIVE and it made me excited. I hope the Hive will soar like today in the upcoming days also.

#hive #crypto #market #cent #freecompliments #dailydook

it really should rise with all the use cases it has had and is continuing to have

The line waiting for the vendor hall at MegaCon 2007 to open up in the morning.

#MegaCon #cent #bbh

Another crazy hive pump $HIVE wonder if it can hold it this time. My ok moment will be when hive goes above $0.50 and holds there for a good few months without falling back down.

I am also wishing to see the price above 50 cents. I hope we don't need to wait for long time to see it.

I find the price of $HIVE really interesting as the rest of the market bleeds. To me a little known alt pumping in this fashion signals the end of something. I just don't know what lol

This happens every once in a while to $hive as far as I can tell. Never lasts long.

100 percent this.
No reason to buy the token. This is just market manipulation

I of course don't say NO reason to buy $HIVE, but not at these prices.

I personally want some HP for future use (note how mysterious that is 🤣 ) and it will get me some $LEO in the meantime passively (with which leo.voter will vote with and distribute for their own purposes).

Later, when I have use for it I will undelegate some.

Multi-Level Marketing is really dangerous, and it's so easy to fall a victim to it. Luckily, people are getting more aware, but still... #finance #cent #bbh

https://inleo.io/threads/view/ahmadmanga/re-ahmadmanga-2ewczcowy?referral=ahmadmanga

This is eye-opening

Oh those things are still scamming people?

Yup... There are always people who are ignorant, or dumb enough to think they could play by the MLM's system rules and win.

Have difficulties finding a topic to write? You can pick a topic from here.

https://inleo.io/threads/view/leogrowth/re-leothreads-2xjve9hfh

Good one and thank you!

How Money Works Videos Summaries #threadcast

Below are video links along with their summaries, all from the Youtube Channel "How Money Works." These are all videos from around 2024, though some could be a bit older.

This is a valuable channel. Because of it, I learned a lot about #finance and #money. I had to put all the information here to train LeoAI!

#cent #bbh #freecompliments

Why Tech Companies Frequently Hire and Fire?

Tech companies hire and fire frequently due to factors like diversification, monopoly, and bad management, leading to a cycle of growth and cost-cutting measures.

Reasons for Hiring

  • 📈 The largest tech companies have been on a diversification spree, hiring extra staff to work on new projects and products.
  • 🚀 Tech companies try to monopolize important services, making it difficult for new competitors to enter the market, and hire talent to prevent them from joining startups.
  • 🤦‍♂️ Bad management also contributes to over-hiring, as companies grow and add more employees, managers, and departments, sometimes creating unnecessary roles.

Reasons for Firing

  • 💸 During financial downturns, tech companies can fire employees to cut costs, as existing customers may not be spending as much and new projects may not be viable.
  • 🚫 In bad market conditions, new companies may struggle to get established, reducing the risk of new competition and allowing tech companies to cut expenses without fear of repercussions.
  • 📉 When many companies are laying off employees, it becomes easier and cheaper for tech companies to hire new talent, making it a good opportunity to get rid of underperformers.

The Trillion-Dollar Data Industry

Big tech companies have become obsessed with collecting user data, which has become a trillion-dollar market, with companies like Facebook and Google at the forefront.

Data Collection and Monetization

  • 📊 Big tech companies collect thousands of data points on users, including age, income, and browsing history, which are used to create detailed user profiles.
  • 📈 The value of user data lies in its ability to be used for targeted advertising, market research, and other business strategies.
  • 💸 Companies like Snowflake, Teradata, and Palantir specialize in compiling and managing billions of data points, making them worth billions of dollars.
  • 🚀 The cost of storing data has decreased significantly, making it easier for companies to collect and analyze large amounts of data.

The Impact of Big Data on Business

  • 💼 Companies that collect and utilize user data effectively have a significant advantage over their competitors, making it harder for new companies to enter the market.
  • 📊 Microsoft found that providing business-to-business sales executives with detailed market analytics improved their productivity by 30%.
  • 🚗 Tesla's collection of driver data has given it a significant edge in the electric car market, with a higher earnings multiplier than legacy car brands.

Data Analytics and Security

  • 📊 Companies like Snowflake, Teradata, and Google's BigQuery provide data analytics services to help businesses make sense of their data, with prices ranging from $250,000 to $5 million per year.
  • 🚫 Guardio, a browser extension, provides online security features, including phishing protection and malicious extension protection, to help protect user data.
  • 📊 Advanced algorithms, such as machine learning, are being used to analyze data and provide valuable insights, making it easier for companies to cash in on their data.

The Dark Side of Big Data

  • 🕵️‍♂️ Hedge funds are buying consumer credit and debit card transaction data to monitor retailer performance and make profitable trades.
  • 🚨 User data has become a new type of currency, impossible to tax and can be spent multiple times, making it a lucrative market for companies to exploit.
  • 🤝 Companies are willing to pay a premium for exclusive access to customer data, highlighting the value of user information in the digital age.

If you don’t have to pay for the usage of infrastructure, you are the product!

Of course!

Disney's True Business

The Walt Disney Company is a multinational operation that employs roughly 190,000 people, but it's not primarily an entertainment company, rather a legal firm that sometimes makes movies.

Company Structure and Operations

  • 🏢 The company is broken down into two corporate verticals: Parks, Experiences and Products, and Media and Entertainment.
  • 🎬 The Media and Entertainment arm handles content creation through its seven studios, including Disney Pictures, Pixar, and Marvel.
  • 📈 Disney operates on narrow margins, with a pre-tax profit of $5.3 billion in 2022, and its revenue from theatrical releases contributes to less than 5% of the company's top line.
  • 📊 The company uses Hollywood accounting to reduce its taxable profit, which allows it to depreciate patents and designs as operating expenses.

Disney's True Business

Legal Team and Lobbying

  • 🚀 Disney's legal team is one of the most effective in Washington, with the company spending $46 million on lobbying between 2010 and 2021.
  • 📜 The company has successfully expanded copyright protections twice, in 1976 and 1998, which has increased the value of its intellectual property portfolio.
  • 💼 Disney's top lawyer, Horatio Gutierrez, is on track to be one of the highest-paid lawyers in the US, with a potential salary of over $21 million.

Intellectual Property and Acquisitions

  • 🤝 Disney has acquired several companies, including Lucasfilm, Marvel, and 21st Century Fox, to expand its intellectual property portfolio.
  • 📈 The company's acquisitions have allowed it to create a legal monopoly on its works, with copyright protections lasting up to 120 years.
  • 📊 Disney's revenue from licensing its intellectual property, such as toys and theme park tickets, is a significant contributor to its top line.

Disney's True Business

Reedy Creek and Self-Governance

  • 🏞️ Disney's largest park, Disney World, is located in the Reedy Creek Special Administrative District, which is a municipality controlled by the company.
  • 🚫 The district was dissolved after a legal battle with the state of Florida, but Disney is trying to get it back by having the law repealed.
  • 📊 The loss of self-governance is expected to cost local taxpayers an additional $163 million per year to maintain public services.

Why Multi-Level Marketing Companies Are Worse Than Pyramid Schemes

Multi-level marketing companies, such as Herbalife and Amway, are often mistakenly referred to as pyramid schemes, but they are actually worse due to their legal structure, financial exploitation, and damage to relationships.

Reasons Why MLMs Are Worse Than Pyramid Schemes

  • 📉 The average return for a victim of a pyramid scheme is around 90% of their invested capital, whereas the average return for an MLM is around 30% of their invested capital.
  • 🚨 Even the people at the top of MLMs often struggle financially, with many losing money despite their high ranks.
  • 🤑 MLMs make money by selling overpriced products and seminars, rather than through legitimate business practices.
  • 📊 The financial figures seen on income disclosure statements are top-line revenue figures and do not account for additional expenses, which means even top members end up struggling financially.
  • 👥 MLMs target isolated cultural groups, such as Mormons and migrant communities, who are less aware of the industry's reputation and more trusting of their own community.

How MLMs Exploit Their Members

  • 💸 Members are encouraged to spend money on material displays of wealth to lure people into the business opportunity.
  • 📚 Top members host conferences and sell overpriced books, seminars, and courses, generating additional revenue with high margins.
  • 🚫 Members are told to cut off communications with friends and family who don't join the business, making it hard for them to leave the scheme.

The Damage Caused by MLMs

  • 💔 MLMs ruin people financially, but also damage their relationships and social connections.
  • 🌎 Pyramid schemes may have never worked in the shadows to subvert democracy or run the world's largest mercenary organization, but some MLMs have done so with their multi-billion dollar fortunes.
  • 🚫 The business structure of MLMs forms multiple pyramids, each with a charismatic leader, and is heavily segregated by race and religion.

The Changing Landscape of Entry-Level Jobs

The concept of entry-level jobs has changed, with many now requiring 3-5 years of experience, making it difficult for new entrants to join the workforce.

The Changing Landscape of Entry-Level Jobs

Reasons for the Shift

  • 📊 The ease of applying for jobs online has led to a flood of applications, causing companies to implement more stringent requirements to filter out candidates.
  • 🚫 Companies want to cover themselves from potential lawsuits by listing unrealistic job requirements, allowing them to hire whoever they want without being held accountable.
  • 📈 The rise of internal promotions has led companies to increase job requirements to exclude internal candidates who may not meet the new criteria.
  • 💬 Employers want to assess a candidate's ability to handle challenges and demonstrate soft skills, such as dealing with difficult customers or coworkers, which is more valuable than just having experience.

The Impact on Job Seekers

  • 📊 Job seekers are encouraged to apply for jobs even if they don't meet all the requirements, as employers often look for candidates who can demonstrate their ability to handle challenges.
  • 📈 Changing jobs every two years can lead to higher earnings, and having experience in different companies is more valuable than long-term tenure at a single employer.
  • 📚 Developing skills such as data analysis can help job seekers stand out from the competition and increase their chances of getting hired.

The Role of Technology

  • 🤖 Artificial intelligence is being used to help companies find the best talent, with tools like application tracking systems (ATS) and AI-powered resume screening.
  • 📊 The use of AI tools like Zetti, Jobscan, and Rezi can help job seekers optimize their resumes to pass through AI-powered screening systems.
  • 📊 The shift to online job applications has made it easier for people to apply for multiple jobs, but also means that companies receive a high volume of applications, making it harder for candidates to stand out.

The Unseen Costs of LinkedIn

LinkedIn is a unique social media platform where users often brag about their work and share appreciation posts for companies that have laid them off, creating a culture of corporate worship and self-comparison.

How LinkedIn Generates Revenue

  • 📊 LinkedIn creates a digital marketplace for people, allowing companies to post job listings and boost visibility by paying directly.
  • 💼 The platform provides recruiters with tools to search for candidates, reach out to them, and advertise new roles, giving hiring managers significant power over job seekers.
  • 📈 LinkedIn achieves high revenue per hour by extracting value from its users, with the average user being worth 76 times more than the average Reddit user.
  • 📊 The company generates revenue through its lucrative job recruitment services, forcing self-comparison and creating an imbalance of information between users and potential employers.

The Negative Impact on Careers

  • 👀 LinkedIn creates an imbalance of information, making it easy for users to give too much information about themselves while companies share limited information about job expectations and salaries.
  • 🤕 The platform forces self-comparison, making users feel insecure about their careers and more receptive to buying career development services.
  • 📚 LinkedIn promotes the collection of certifications, which can be meaningless and have no correlation with job performance, but are used by recruiters to convince managers to hire new candidates.
  • 🙏 The platform fosters a culture of corporate worship, where companies encourage employees to have a strong presence on LinkedIn, creating overwhelmingly positive feedback and making it difficult for managers to acknowledge areas of weakness.

The Reality of AI-Based Wealth Creation

The idea of making $300 a day with ChatGPT is a myth, and new AI programs are not a viable path to wealth. AI can perform impressive tasks, but it is not a replacement for human effort and expertise.

The Reality of AI-Based Wealth Creation

Limitations of AI in Wealth Creation

  • 🚫 AI-generated content is not as good as content created by humans, especially in fields that reward top performers.
  • 💸 Creating fully automated YouTube channels using AI is not a guaranteed way to make money, as YouTube's algorithm prioritizes content from dedicated creators.
  • 📊 Drop Shipping and other similar business models have significant weaknesses, including competition from established companies like Walmart and Amazon.
  • 🤖 AI programs like ChatGPT are not suitable for financial advice, as they don't understand personal financial situations and have outdated training data.

The Risks of AI Hype

  • 🚨 The AI hype can lead people to believe that AI can make them rich quickly, but this is often a false promise.
  • 📈 Financial education is lacking, and people may turn to unqualified individuals on the internet for advice, which can be harmful.
  • 📊 Investing is a long-term and boring exercise that requires discipline, and AI is not a substitute for human expertise and experience.

Staying Sensible in the Face of AI Hype

  • 👊 It's essential to be cautious of clickbait titles and videos that promise easy wealth creation using AI.
  • 📚 Education and understanding of AI's limitations and potential are crucial to making informed decisions.
  • 💼 Hard work and traditional business practices can be more effective than chasing trends like AI.

Financial Challenges for Young People

Young people face significant financial challenges, including unaffordable homes, scarce job opportunities, and financial meltdowns, making it difficult for them to get ahead financially.

Introduction to Financial Challenges

  • 📊 The biggest financial mistake is being born after 1980, with unaffordable homes and high college tuition fees.
  • 📈 Millennials are having a difficult time affording down payments for homes, with 40% of homes in America owned free and clear by older generations.
  • 📊 Tech billionaires like Bill Gates and Mark Zuckerberg are examples of successful individuals, but their success is not solely due to their intelligence or ambition, but also their birth year and investment opportunities.

Job Opportunities and Career Advancement

  • 💼 Working a job is how most people build wealth, but job opportunities are scarce, and the average age of retirement is increasing, leaving less room for young people to move up the corporate ladder.
  • 📊 Despite making more money than previous generations, Millennials are less wealthy due to the high cost of living in cities where high-paying jobs are located.
  • 👥 Older generations controlled 22% of the nation's wealth compared to 7% controlled by Millennials, creating a chicken and egg scenario where older generations need wealth to retire, and younger generations need older generations to retire to build wealth.

Investment and Wealth Building

  • 📈 Investing diligently for the long term can generate good returns, but younger generations may not have the same investment opportunities as older generations.
  • 📊 Vanguard's projected returns for equities over the next decade are 4.1 to 6.1 percent annually, lower than the 11% returns in the past, making it harder for young people to save for retirement.
  • 💸 The investment opportunity difference exists for normal people from different generations, with those starting their careers in 1970 having quickly compounded their investments.

Real Estate and Savings

  • 🏠 Real estate prices are high, with 40% of homes in America owned free and clear, and rental prices are up, making it difficult for young people to afford homes.
  • 📊 Existing homeowners can write off the interest on their home loan against their income, but renters cannot, reducing their ability to save money.
  • 📈 Getting a down payment together can take over a decade of dedicated savings in high-cost cities, and young people who overcome this hurdle still face problems with high interest rates and property taxes.

Alternative Investments and Financial Planning

  • 📊 More young people are flocking to alternative investments like cryptocurrencies and day trading, but financial fraud is at an all-time high, and younger investors are being affected.
  • 📈 Financial planners suggest budgeting 70% of income for retirement, but with lower returns, young people may need to invest more to generate the same income.
  • 💰 Having an average income today means living a less comfortable life than someone with an average income 40 years ago, and young people need a dedicated and fairly aggressive savings plan to build wealth.

The Dark Side of Entrepreneurship

America's obsession with entrepreneurship is costing everyone a lot of money, even if they never start a business of their own, with 5 million new businesses started last year, a 42% increase from pre-pandemic levels.

Problems with Entrepreneurship Culture

  • 🚨 Most people are not good at business, with the largest demographic increase in new business owners being young people between 18 and 35, who have a significantly higher rate of failure.
  • 📊 The average age of a successful startup founder is 42 years old, and founders below 30 have a higher rate of failure, yet many are encouraged to start businesses without industry experience.
  • 🚫 Businesses in trendy fields like tech, e-commerce, hospitality, and fashion have a higher failure rate than those in finance, construction, and healthcare, where industry experience and creditations are required.

The Hustle Bro Problem

  • 🤑 Hustle Bros push products that make starting a business look easy, but it's not, and people are encouraged to enter the market without intention to start a business in the first place.
  • 📈 The market for business services is highly lucrative and competitive, with a projected worth of $8 trillion by 2030, and companies want to push as many people into this market as possible.
  • 🚨 This system relies on making it look appealing to start a business, even if it's not the best decision for everyone, and has been taken too far by Hustle Bros with courses to sell.

Starting a Business for the Wrong Reasons

  • 🤔 Starting a business comes first, and solving a problem comes second, with many people starting businesses without considering what value they are providing to their market.
  • 📊 A suspicious number of former Forbes 30 under 30 awardees have ended up in prison for fraud, highlighting the problem of young people being encouraged to start businesses without life experience.
  • 💡 Gary Tan, CEO of Y Combinator, advises working in an industry, getting paid to learn, finding a problem, and then solving it, which goes against his company's business model, but is still good advice.

The Consequences of Entrepreneurship Obsession

  • 🕒 Modern corporate jobs are highly demanding, and being your own boss is sold as a way to take back control of your life, but starting a business often means much less free time.
  • 📊 A survey found that the majority of small business owners work at least 50 hours a week, with 25.5% working more than 60 hours a week, and 70% working weekends regularly.
  • 🚨 The cultural obsession with entrepreneurship is used as an excuse to gloss over bad practices, with some fraudulent businesses costing investors and clients billions of dollars, and putting people's health at risk.

The Dangers of Mocking Financial Struggles

Personal finance shows that mock people's financial struggles can be harmful and costly to viewers, as they often provide little to no useful information and instead focus on entertainment value.

Problems with Personal Finance Shows

  • 🚨 There's little to learn from these shows, and they can cause financial stress.
  • 📊 The hosts are often wrong about basic financial information and give confidently incorrect advice.
  • 🚫 The shows don't provide practical solutions to financial problems and instead focus on ridiculing guests for their financial decisions.

Issues with Dave Ramsey's Advice

  • 🤦‍♂️ Ramsey advises paying off debt using the "debt snowball" method, which prioritizes paying off smaller debts first, regardless of interest rates.
  • 📈 He recommends investing while paying off debt, even if the interest rates on the debt are higher than potential investment returns.
  • 📊 Ramsey suggests living on 8% of retirement savings, which is higher than the recommended 3-5% by financial professionals.

Consequences of Trusting Fin-fluencers

  • 🚨 People who trust finfluencers like Dave Ramsey may follow their advice blindly, leading to financial harm.
  • 📊 The confidence of finfluencers can be damaging to their audience, as people may not question their advice.
  • 🚫 The promotion of fraudulent businesses, such as timeshare exit companies, can lead to significant financial losses for viewers.

The Illusion of Middle Class

Most people believe they are middle class, but this perception is often inaccurate and costly. The term "middle class" has become meaningless, and its definition has changed significantly over time.

Definition of Middle Class

  • 📊 The original definition of middle class referred to wealthy merchants or factory owners in early modern Europe.
  • 🚫 Today, the term describes people who are not extremely wealthy but not poor, with a broad and practically useless definition.
  • 🤔 The middle class is often associated with a certain lifestyle, including a regular home, two cars, and a vacation once a year.
  • 📈 However, this lifestyle is unaffordable for many people, even those with high incomes, in areas with a high cost of living.

Problems with Assuming Middle Class Status

  • 📉 Assuming middle class status can lead to poor spending and saving patterns, with 57% of Americans unable to cover an unexpected $1,000 expense.
  • 👥 Many people identify as middle class despite being unable to afford a middle-class lifestyle, leading to financial stress and anxiety.
  • 🚨 Thinking you are middle class can make you less likely to pick the right job, with many high-paying job opportunities in trades and blue-collar work being overlooked.
  • 🤝 It can also make you more likely to take unnecessary risks, such as taking on debt or investing in scams, in an attempt to maintain a middle-class lifestyle.

Financial Consequences

  • 💸 People who think they are middle class may be more likely to fall for financial scams, with younger adults on above-average incomes being 330% more likely to fall for investment scams.
  • 📊 Even those who don't fall for scams may be more likely to have aggressive stock portfolios or engage in risky strategies like house flipping or cryptocurrency investing.
  • 📈 Financial anxiety can hurt you in more ways than taking dumb risks, also making you less likely to take smart risks, such as asking for a raise or starting a business.

Social and Economic Factors

  • 👪 The biggest predictor of financial stability is not academic ability, but the wealth of one's parents, with wealthier parents providing better opportunities and removing financial burdens.
  • 📚 Children from poorer households may need to catch up financially, taking on student loans and building their own credit, and may be over-represented in groups with high incomes but low financial security.
  • 📺 The media often portrays the middle and upper classes, creating unrealistic expectations and a sense of FOMO (fear of missing out) among those who feel they should be further ahead in life.

A Simple Yet Ignored Solution to Financial Fraud

The banking industry has a long-standing problem with fraud, costing clients billions of dollars annually, but a simple solution exists: forcing bankers to work from home. A recent study found that bankers are five times less likely to engage in financial misconduct when working from home.

Reasons Why Working from Home Reduces Misconduct

  • 📊 Everything done from home is recorded, making it easier to track and prevent fraud.
  • 📝 In-person conversations, which can lead to misconduct, are reduced when working from home.
  • 🚫 The absence of private conversations between managers and staff reduces the pressure to push unwanted products onto clients.

Types of Conversations that Lead to Misconduct

  • 💼 Bank managers may pressure staff to sell products, prioritizing targets over clients' best interests.
  • 📈 Insider trading can occur when bank staff share material non-public information, which can be difficult to track and prosecute.
  • 🙅‍♂️ Common lies to cover up negligence can be more easily hidden in face-to-face conversations.

Why Executives Won't Allow Working from Home

  • 🚫 The systems in place to monitor staff for misconduct are too good, making it harder for executives to ignore or sweep misconduct under the rug.
  • 👥 Being in the office allows for more flexibility to bend rules and negotiate with clients, which can be a selling point for businesses.
  • 🏢 Companies have too much invested in their offices and may prefer to have staff return to the office, even if it means ignoring the benefits of reduced misconduct.

CEO Responsibilities and Tasks

A CEO's role is multifaceted, and their responsibilities can vary from company to company.

Key Tasks of a CEO

  • 📈 Decide the company's direction, including goals, strategies, and decisions on acquisitions, new products, or expansion.
  • 💸 Decide how the company's money is spent, including setting budgets, approving transactions, and making financial decisions.
  • 📢 Act as the public face of the company, representing the organization to the public, media, and investors.
  • 🔄 Dictate the company's culture and work environment, influencing the tone and values of the organization.

Setting Company Culture

  • 📊 Create a culture that aligns with the company's goals and values by leading by example.
  • 👥 Encourage a relaxed or professional atmosphere, depending on the company's needs and industry.
  • 📈 Set expectations for staff behavior and performance, and ensure leadership teams model the desired culture.

CEO Time Management

  • 📊 Spend time talking to people, including employees, customers, and investors, to gather information and make informed decisions.
  • 📈 Allocate time for strategy development, financial planning, and culture-building activities.
  • 📊 According to a Harvard Business Review study, CEOs spend an average of 62.5 hours per week working, with 25% of their time spent on people and relationships, and 72% of their time spent in meetings.

Holly cow... 30 EXP for the advisor quest?!!


Oh yeah! @golem.overlord

Where do you see your accumulated EXP? I've done a couple quests and one a battle here and there, but I have no idea where to see if the EXP is showing up anywhere.

Here!

PS. What's a "Holly" cow? 🤣

With an extra L

i haven't looked at golem in ages. I don't even remember how to play. i have check it out again

Bought 28 USDT worth of HIVE a few days ago at 0.22 and sold at 0.3450. Total trading profit: 10 USDT.

#cent

man I missed it. I thought Alt season was over so wasn't planning on making any exchanges. You've won big, I'm imagining if you were swapping hundreds of thousands

I also failed to transfer 5,000.00 PHP before the pump. The gain would be bigger if I did.

!PIZZA

!LOLZ

that's crypto for you 💔 I wish there was a way to set a value for a crypto and have a notification that it has reached there

There was on stock trading. I just haven't explored it yet on crypto.

!LOLZ

!DIY

I'll do my research and see what I can find bro

Dogs can't see your bones.
But CAT scan.

Credit: marshmellowman
$LOLZ on behalf of rzc24-nftbbg

(6/10)
NEW: Join LOLZ's Daily Earn and Burn Contest and win $LOLZ@leobruv, I sent you an

Don't be shy - share some DIY!

You can query your personal balance by !DIYSTATS

@rzc24-nftbbg just sent you a DIY token as a little appreciation for your comment dear @leobruv! Feel free to multiply it by sending someone else !DIY in a comment :) You can do that x times a day depending on your balance so:

What did the sand say as the tide came in ?
Long time no sea.

Credit: reddit
$LOLZ on behalf of rzc24-nftbbg

(3/10)
Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
Click to delegate: 10 - 20 - 50 - 100 HP@leobruv, I sent you an

That's Good.

I'm also thinking to buyback lower.. if got a chance

Yeah, I hesitated to buy back when HIVE pulled back. I was waiting for a lower price.

!PIZZA

!LOLZ

Never scream into a colander
You'll strain your voice.

Credit: reddit
$LOLZ on behalf of rzc24-nftbbg

(1/10)
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.@idksamad78699, I sent you an

You won big on this bro. Congratulations to you. 10 dollar crypto profit is my dream to be making on a daily so still studying well to get there

Thanks! There are several factors to consider: the token, the trend, your capital, and your time.

!PIZZA

!LOLZ

Time is indeed important, especially since it looks like you are so busy this Christmas season (especially today which is the day before Christmas Day), where you have published only 2 posts for the past 8 days and only 12 comments for the past 3 days. 🤔🤯😅

That's because my charger is not with me.

!PIZZA

!LOLZ

There are several other options to engage on Hive while you are away from your laptop charger, such as the following: 🤓😎

  1. Use your phone (even if it may take longer to type)
  2. Borrow a compatible charger for your laptop
  3. Use another secure computer

!PIZZA
!LUV
!DIY

1 is what I am doing now. 2 - No compatible charger. I would rather wait than destroy my laptop. 3 - I also do that but you know I have a problem accessing the active key.

Thanks for the suggestions anyhow.

!PIZZA

!LOLZ

What do you call a haunted chicken?
A poultry-geist

Credit: reddit
$LOLZ on behalf of rzc24-nftbbg

(1/10)

PLAY & EARN $DOOM

@savvytester, I sent you an

Don't be shy - share some DIY!

You can query your personal balance by !DIYSTATS

@savvytester just sent you a DIY token as a little appreciation for your comment dear @rzc24-nftbbg! Feel free to multiply it by sending someone else !DIY in a comment :) You can do that x times a day depending on your balance so:

Your the time and capital has always been my set back but I guess I'll need to learn to adapt

Of course, the technical skill and the emotional factir are given.

!PIZZA

!LOLZ

What did the grape say when it got stepped on?
Nothing. It just let out a little wine.

Credit: reddit
$LOLZ on behalf of rzc24-nftbbg

(2/10)
Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
Click to delegate: 10 - 20 - 50 - 100 HP@defilion, I sent you an

My Mom met my Dad when he came in for an Xray.
I still wonder what she saw in him.

Credit: reddit
$LOLZ on behalf of rzc24-nftbbg

(5/10)
Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
Click to delegate: 10 - 20 - 50 - 100 HP@defilion, I sent you an

Wow very high profit margin. I wish I knew this before. Need to learn the times to do this more often

I just used Elliott Wave Theory to identify entry and exit.

!PIZZA

!LOLZ

Oh there are theories to get this, I have so much to study. I want to get good at this

I went to visit the wife's grave today.
She still thinks it's going to be a fishpond.

Credit: reddit
$LOLZ on behalf of rzc24-nftbbg

(4/10)

PLAY & EARN $DOOM

@mrgist1, I sent you an

Santa Lion bringing some $LEO gifts. Are you naughty or nice? 😀

#cent #gifu

Cool ai images!

$LEO and $HIVE to the moon!

#cent #gifu

I hope $HIVE will pump more from the current position.

I hope 50 cents this year 😀

Make smth good for LEO.

Make it public.
(here on threads)

Get a bOOm.

Is it a deer?

M is 8 , A is 4 , T is 2 , H is 7...

I do not know if I got it correctly but at least I made a great attempt

I know but I'll wait...

16.67. right?

I don't think so

Well done.

BOOM !

Good morning. It's another day and I woke up with a good vibe. Today I have nothing to do special but I will try to make my day productive. What about you?

#morning #day #plan #cent #dailydook #freecompliments

Breaking News: Richard Heart from Pulsechain is the worlds most wanted man

🎉 Get ready for an exclusive #giveaway with #dash $DASH @Dashpay by Exolix!


👇 Announcement link in first comment!
#crypto #christmas2024

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