Subnostr

Boost & bust is the normality

In today's financial landscape, many feel compelled to gamble with their limited funds due to systemic pressures. The allure of quick money through avenues like sports betting, derivatives trading, and volatile altcoins beckons amidst economic uncertainties.

Traditional banking systems often exclude marginalized communities, pushing them towards riskier financial ventures in pursuit of stability. Additionally, a lack of financial literacy exacerbates this trend, leaving individuals vulnerable to speculative investments.

As a result, people seek unconventional paths to financial security, enticed by the promise of instant wealth. Addressing these systemic inequalities and promoting “real” financial education are critical steps towards fostering a more equitable and stable financial ecosystem.

#StudyBitcoin100hours

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Discussion

WBTM 1y ago

Financial nihilism is the belief that traditional financial systems are meaningless or futile. It's like saying, "Money doesn't matter because the system is broken anyway."

For example, someone might think, "Why bother saving when the economy is unpredictable?" They might avoid investing or budgeting because they feel it won't make a difference.

Essentially, it's a mindset that dismisses the importance of financial planning and actions.