Why am I now into cryptocurrencies?

So, I’m into crypto currencies. Rather heavily.

I’m perhaps reflecting on what has brought me to where I am today. This can have been unconscious or conscious behaviours and decisions or both. Irrespective, these would have been driven by motives, incentives, disincentives. Behavioural economics.

A good framework to reflect on what has brought someone to where they are might be the categorisations of secondary motives. Primary motives are those biological imperatives – fight, fuck, dash up a tree to escape a mammoth, sleep in the branches. From that perspective, someone might argue that I’m here driven by the potential of crypto to make me cash and with cash you can buy Lambos and with Lambos you can get people to perpetuate your genes with. And pay for cheeseburgers to fill your belly and builders to put up thick walls that will defend you from whatever stands in for the threat previously posed by those mammoths.

Secondary motives are learnt. They’re social. These social motives can be split into categories of 1. Achievement motives, 2. Affiliation motives, 3. Aggression motives, 4. Power motives, and 5. Curiosity motives.

So using these as a framework, I’ll analyse what brought me here and derive from these motivations, where I am going.

  1. Achievement motives

Achievement is the pursuit of excellence. I will admit that I spent my 20s more in the pursuit of recreational drugs and hedonism. I’ve spent my 30s ever since trying to catch up. Trying to make the best of, in relative terms, winning the genetic lottery of having an above average IQ, that I had wasted for over a decade. I’ve spent the last few years attaining academic qualifications that have, as Einstein rightly identified, trained me to think as opposed to purely helping me absorb facts. And as a result of this enhanced ability to think in terms of my field, it has helped me pursue informally areas such as economics which, critically, help you to think…critically.

So, I’ve attained the ability to think along the way and have a thirst for achievement. At some point these paths have winded and converged on the potential of crypto. This democratised, decentralised, levelling technology that potemtially gives us the opportunity to improve society, drag us out from under the yolk of establishment politics, lemon socialism. The ability to improve a society based on the free market, meritocracy and transparency. And when something is that fucking good. That fucking promising and you’ve been a bum for too long, you want yo be a part of it. You want to be front and centre.

  1. Affiliation motives

We are social animals. We look to be a part of a tribe. For mutual benefit that speak to those biological imperatives again. However, through my studies and my work, I am fully committed to the model of open, colaborative interaction. Communities with shared purposes can help each other build. Tribes wouldn’t just have one guy sticking the slabs on top of each other to keep the sabre-toothed tiger out. They’d work together. SO I’m here, writing this now as I obviously want that community around me that can help me grow and achieve what I want to achieve. And in turn I can hopefully help others. That mutual benefit of sharing ideas, experimentation, constructive criticism and building is the gel that creates genuine learning and development.

  1. Aggression motives

I believe this relates to both destructive death urges as well as productive life urges. We are all taking a risk here. There is a chance that the mighty governmental ban hammer will fall everywhere at once. No matter how small. While we believe that the free market will always win out, not all would escape the heavy toll extracted by the old system chasing down the new. “The old world is dying and the new world struggles to be born. Now is the time of monsters” is what Antonio Gramsci wrote in one of Mussolini’s fascist prison cells. And maybe our want to smash the old system, that of vested interests controlling and snuffing out innovation, is one of that destructive aggression. Or one which wants to bring life. Maybe they’re the same thing. So, we want to destroy the shit old state of things and bring to life a better world.

  1. Power motives

So power motives relate to our desire to have power over others or at least influence them. We might want to be a success in the sphere of crypto or just simply investment so we have the financial clout and influence to get people to do shit for you. I feel personally, that I’d like the power to not be under the power of someone else. To be able to financially extricate myself from having someone else having that power over me. To be my own boss.

  1. Curiosity motives.

Easy. You just want to see where this road goes. It’s possibly going to go somewhere new and exciting. Between the days of recreational drugs and parties and applying myself, I travelled a lot. And then travelled some more. I took a train from Beijing to fucking Finland and then a boat and then some more trains to London a few years ago. WHy do we do this? Because we want to see something new. We want to look out the window through the haze of four cans of strong Muscovite beer and wonder how the fuck these guys in Siberia live at 30-. We might even get out and speak to them. The internet gives us the opportunity to find out new things and now the Internet of money is perhaps giving us the opportunity to see a new world too.

tl;dr and result of reflection – I want the fact that I’m on this ride, earlier than most, to help me be a success and make up for some time (enjoyably) wasted, so I can be independent and enjoy this journey to who the fuck knows where.

When Lambo?