I never understood the value of skills when I was very young, I wondered why a plumber or an electrician charged a lot for something he spent just 10 minutes to fix. I can remember calling a welder to come help us cut our generator cage to help create more space for the generator, we negotiated before he started and his charge was quite high. In my opinion the price was fair enough because I couldn’t do it, I tried to figure how to do it, but I couldn’t. So I decided to watch this welder do his thing so I can learn.

It took this man 5 minutes using the right tools and he was done. I was speechless, I wanted to renegotiate because I felt cheated on paying that amount for a 5 minutes job, we argued for a while and I had to pay him. When my Dad got home from work, I complained to him, because it just didn’t make sense to me that the welder was going to cheat me knowing fully well it was a job he would spend 5 minutes on. My Dad told me that most skilled workers we pay, we don’t pay them for the amount of time they spend doing it but the time and investment they used in acquiring those skills. If I wanted to pay lesser or not pay at all, I should learn the skill. And that hit me so hard, because that’s another way of saying we pay for what we don’t know and what we know pays us.

This applies to all the basic service we buy, I don’t know how to barb my hair, but the barber knows how to, so I pay him and he gets paid to give me a haircut. I don’t know how to fix my phone, but the phone repairer knows how to , so he gets paid for repairing my phone. Now how does this apply to crypto?

Finding Same Principles In Crypto

We find lots of people paying for what they don’t know in crypto either by experience or by reading a book. This is why it is always advisable to learn before you earn in crypto, if you learn before you earn, you will be taught a lot of things, like learning how to spot scam & Ponzi projects. Learning how to avoid phishing scams, this is the most important thing to learn in crypto.

Lots of people are losing a lot of money from clicking the wrong link and imputing their private keys into a clone phishing site. That is an indirect way to pay for what you don’t know. After that experience, the person finds theirselves becoming smarter because they have learnt through experience but unfortunately they had to pay for it, either by losing their assets or they lose their account.

While paying for what you don’t know can be experienced in different ways in crypto, being paid for what you know can also be experienced too. For instance, you are on Hive, writing and getting author rewards, you curate and also get curation rewards. There are lots of people who wish they had this opportunity but haven’t found Hive yet. Sometimes people can pay you so you can teach them the basic things you know in crypto, you can also get a crypto job just buy guiding people through doing the right thing, like registering a crypto account or installing Metamask.

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