To Go or Grow by tarazkp

View this thread on: hive.blog | peakd.com | ecency.com

hive-167922 · @tarazkp · Aug 18 '24

$25.94

To Go or Grow

![image.png](https://files.peakd.com/file/peakd-hive/tarazkp/23ynL4vVPtGTx64k9qskY2vmSSGmC3zHUnM4vAvuCMNKM8ACtyfCWL3yHeDFjD4DqZ448.png)

I came across an interesting chart in the Australian news, that looks at the total spend per capita across age demographics, where those under 60 on average spending less year on year, and those over increasingly spending more- For instance, while those 25-29 are spending 7% less, those over 75 are spending 3% more.

![image.png](https://files.peakd.com/file/peakd-hive/tarazkp/23w3CmSpqk7uBJYgRdgPsVzcTd9XH4TvhkDakfk7e7nhMYizAqUoKUYmnLJRWTFKp4QyY.png)

This has been positioned as some failure of the economy, but it is the way it is meant to go, at least in Australia, as this is why people have been putting (forced) into their superannuation, so they can live a better life after retirement. But, while the article doesn't get into it, I think that there are a couple other things that this chart indicates.

Firstly, the age group of 75+ are entering into the last phase of their life. For a relevant example for me, my in-laws are 77 and in recent weeks, have decided to sell their apartment and by a smaller, *more expensive* one in the city. This means that they are taking money out of their savings and investments to cover the difference. But, not only that, the reason for the move and change to more expensive, is that they will go to a serviced apartment, with on-site nurse and a restaurant where they can get meals if they don't want or are *unable* to cook in the future.

While "total spend" might tell something, it doesn't tell what the money is being spent on, nor does it tell what the money isn't being spent on. For instance, in [another article](https://www.news.com.au/lifestyle/real-life/news-life/really-disappointed-why-aussie-music-festivals-are-experiencing-a-crisis/news-story/3e3c153a737e6718378f2221574c9ad5) in the same news service, they were talking about how young people (mid-twenties) aren't willing to pay 400+ dollars for a festival ticket, although many still are.

>The 24-year-old said the ticket prices alone have been “getting so out of hand”, and once you factor in travel to the festival, accommodation, food and outfits, “it all adds up and gets quite expensive”.

If we consider what people are reducing their spending on in their *total spend,* it would be more interesting perhaps, because it is most likely that the consumer spending is significantly different. I assume that those over 75 aren't spending too much on their outfits for festivals, and more on adult diapers.

The second thing that I find interesting is that even during a cost of living crisis, their spending is increasing, which means that the money is flowing back into the economy in some way. However, what is *more interesting* than this, is that these people are 75+, which means that unless there is a major breakthrough in medicine, based on the average age of mortality in Australia of about 84 years, within the next decade, *all of their holdings* are going to be flowing into the economy, as it passes down the chain to their children.

The first line that will likely see the money flow to them are the ones who are currently on the cusp of going positive in spending themselves, as they are in the 50-59 brackets. This means that in the next decade, they will be approaching their own retirement and it will coincide with a cash injection from their parents. Because of the changing consumer behavior, even these people who would be considered "old" by Generation-Z, are far more consumer-driven than their parents. This means that it is likely that a lot of what the current 75+ range have worked for and saved, will leak into consumer spending, rather than generative investing activities.

How I see the future on its current trajectory, is that while people are complaining about how easy the previous generations had it to create wealth, when that flows into the economy again, it is largely going to be wasted. Of course, it isn't going to be totally wasted, because those who are financially savvy will invest what they get into the businesses that will attract consumers, and double down on what they have received to generate even more wealth for themselves and their families. This means that the wealth gap will become even greater between population *within the same age demographic,* due to economic behavior and subsequent activity.

For a lot of people in the younger generations, they are just going to see any inheritance they get as "free money" and instead of using it wisely, they will spend it quickly to improve their standard of living now. In the past, the behavior was different, where people would save and generate now in order to have a better standard of living later, which drove the conditions for those in the 75+ age groups to be able to behave as they do now.

The economy is of course a shambles, but it isn't because of the way the young and the old spend their money alone. It is because the economy is set up by design to concentrate wealth into fewer hands over time. And unless this changes, which isn't likely, for an individual to improve their conditions, they have to use their resources well.

An inheritance isn't free money, it is an opportunity.

For some, it will be an opportunity to improve their quality of life through entertainment activities and spending more on consumer items like cars. For others, it will be seen as an opportunity to invest and grow. And for all, there will be the opportunity to provide goods and services that are in demand by either group.

Taraz
[ Gen1: Hive ]

</div>

👍 edicted, galenkp, gogreenbuddy, meesterboom, kommienezuspadt, canadian-coconut, revisesociology, fredrikaa, smasssh, fw206, steemcleaners, spaminator, daveks, bitcoinflood, behiver, papilloncharity, shanibeer, jamesbrown, cryptoandcoffee, jim888, aussieninja, ksteem, emrebeyler, ericvancewalton, agmoore, sumatranate, gadrian, goblinknackers, lemony-cricket, bozz, cryptictruth, zekepickleman, markegiles, borran, lizelle, jhelbich, santigs, immanuel94, cst90, yanes94, dcityrewards, ibt-survival, deathwing, selfhelp4trolls, soyrosa, kendewitt, underlock, shasta, minigame, newageinv, mattclarke, steemflow, mobbs, planetauto, codingdefined, becca-mac, storiesoferne, meno, owasco, edkarnie, bigtom13, eonwarped, dbooster, cryptomaniacsgr, and 507 others

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waraira777	4,106,730,548	100%
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@bisolamih · Aug 18 '24

An inheritance is an opportunity and investment for the sensible ones but for those who spend it lavishly and don’t have any reasonable thing to do with money, it becomes a free money for them and they spend it lavishly
So sad…

properties (22)

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@bozz · Aug 18 '24

$0.19

I wonder if that spending is just luxury items or if it includes expenses like health bills and things like that.  I could see people in that age bracket having more medical bills than others.

👍 tarazkp, coinjoe

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properties (23)vote details (2)

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tarazkp	0 B		610,997,831,227	9%
coinjoe	0 B		14,064,175,040	10%

@coinjoe · Aug 18 '24

$0.30

How much of that expense is still paying to help their grown "mid age" kids who can't manage money. Got a couple those in my family.

👍 tarazkp, mattclarke, bozz

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@bozz · Aug 18 '24

I've had to borrow some money from the parents a time or two, but I always pay it right back.

👍 coinjoe

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2 replies

@tarazkp · Aug 18 '24

This is common in many places. The "bank of mum and dad" it is called in Australia.

👍 coinjoe

`author`	tarazkp
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properties (23)vote details (1)

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@tarazkp · Aug 18 '24

It was total spend from what I could find.

👍 bozz

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properties (23)vote details (1)

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bozz	0 B		31,946,866,160	3%

@ducecrypto · Aug 18 '24

$0.31

> aren't willing to pay 400+ dollars for a festival ticket, although many still are.

Thank goodness I write and edit for an EDM brand so I typically get my festival tickets gratis! Those kids ain't lying though, $400 weekend festival tickets really add up quick when you factor in travel and food!

> For others, it will be seen as an opportunity to invest and grow.

It is definitely what I'm waiting on to finally buy a property of my own and settle down. Until then, I'll be renting in a major metropolis and staying close to my parents. The talk of moving to Costa Rica has died down considerably and instead replaced by talk of an investment property in Colorado in the short-term that can give us options later in life if/when we decide to get out of the city.

As for right now, every free cent is getting funneled into BTC (when I can keep myself from spending on Splinterlands) and has been for the better part of 18 months. I'm really looking for a 6-figure spot price by this time next year so I can take a bit more profits this cycle. You could say I'm currently on the go with one eye on the grow!

👍 tarazkp, mattclarke

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properties (23)vote details (2)

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tarazkp	0 B		580,531,538,776	9%

@tarazkp · Aug 19 '24

>of an investment property in Colorado in the short-term that can give us options later in life if/when we decide to get out of the city.

That is a good idea. An inve3st prop3erty is one of the goals I have - something real, something useful, something to scale to if needed. 

I really need to up my holdings of BTC.

👍 ducecrypto

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properties (23)vote details (1)

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ducecrypto	0 B		39,576,769,412	100%

@ducecrypto · Aug 19 '24

Yeah, I keep thinking to myself why even bother with the hassle of a property when BTC offers a better return (without the active cash flow).

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@latinowinner · Aug 18 '24

$0.17

correct,however, with the estimated total savings for a decent retirement life in Australia beyond the 1M mark, it makes sense for many to go to a third world country (aka, vietnam, phillipines, central america,etc),get a personal carer and vive la vida loca

👍 tarazkp

`author`	latinowinner
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properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
tarazkp	0 B		592,547,470,428	9%

@tarazkp · Aug 18 '24

Yes. And perhaps many will - then that money will definitely leave Australia, or whatever country they are in, making a farce of the retirement system.

properties (22)

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`permlink`	sieufq
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@mattclarke · Aug 19 '24

$0.54

We imported a large number of poor, young people. That'll pull down the average. 
Wealthy young people and poor older people leaving the country maybe.
Either way, it doesn't look like a bright future in Australia.

👍 frogcake, tarazkp, kiokizz, shaidon

`author`	mattclarke
`permlink`	re-tarazkp-sifxyw
`category`	hive-167922
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properties (23)vote details (4)

voter	rshares	pct
tarazkp	647,244,469,500	10%
kiokizz	38,701,550,595	100%
shaidon	31,632,702,076	100%
frogcake	1,075,599,926,074	100%

@tarazkp · Aug 19 '24

$0.10

It is the same everywhere. A declining birthrate due to social and financial conditions means bringing in people to fill jobs. But, those jobs don't pay enough, so they aren't going to have children either, and the issues get worse.

👍 mattclarke

`author`	tarazkp
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`created`	2024-08-19 06:06:21
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properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
mattclarke	0 B		347,603,273,266	32%

@outwars · Aug 19 '24

$0.20

You talking about inheritances and mismanagement of them by the youth reminded me of a post I read in Reddit. Someone received 800k from their grandma as inheritance. They placed 100k in high yield savings, and the 700k in Intel. A few days later, Intel had a lot of bad news and its price crashed. I know this is just one example, but getting a big inheritance is like winning the lottery for a lot of people struggling. Those who won large amounts in the lottery tend to go bankrupt and end up worse than before they won it [buying tickets isn't really a sign of good money management]. A lot of people that hasn't had any experience of holding large amounts of money, don't have an idea of how to use it wisely.

👍 tarazkp

`author`	outwars
`permlink`	re-tarazkp-sig0mg
`category`	hive-167922
`json_metadata`	{"tags":["hive-167922"],"app":"peakd/2024.8.3"}
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properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
tarazkp	0 B		646,158,863,728	10%

@tarazkp · Aug 19 '24

>They placed 100k in high yield savings, and the 700k in Intel.

Diversify! :D

>A lot of people that hasn't had any experience of holding large amounts of money, don't have an idea of how to use it wisely.

We don't have a culture or education system that teaches it, because it is set up *not to be wealthy.* If everyone had financial literacy (and emotional management), the distribution of wealth would be far better and we would have a culture and education system that supported it.

👍 outwars

`author`	tarazkp
`permlink`	re-outwars-sigbq4
`category`	hive-167922
`json_metadata`	{"tags":["hive-167922"],"app":"peakd/2024.8.3"}
`created`	2024-08-19 06:08:30
`last_update`	2024-08-19 06:08:30
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`root_title`	"To Go or Grow"
`beneficiaries`	`[]`
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`post_id`	136,366,979
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`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
outwars	0 B		4,570,286,012	5%

@bpcvoter1 · Aug 20 '24

DO NOT DO THE DEVILS WORK

STOP THE ABUSE ON HIVE

FAKE HIVE POLICE


HIVE IS DEAD 


HIVE IS ONE BIG FARM 



!LOL !WEED !MEME !VSC !discovery 35 !GIF  !BBH !DUO !hiqvote !WINE !ALIVE  !DOOK  !PGM !LUV  !PIMP !LOLZ !BEER !PIZZA !IDD !INDEED !DUO !HUG FOR !DOOK GINA @CRIMSONCLAD $BBH

>60 votes
slobberchops [-]
gogreenbuddy [-]
cmplxty [-]
shanibeer [-]
antisocialist [-]
azabu [-]
acram64 [-]
mypathtofire [-]
willowranger [-]
bscrypto [-]
dhedge [-]
aaronkroeblinger [-]
lichtkunstfoto [-]
memehub [-]
chekohler [-]
modernzorker [-]
carn [-]
earthsea [-]
pinkhub [-]
kaylinart [-]
and 40 more

https://hive.blog/hive-104387/@bpcvoter3/se19g2



Downvoted BY HIVE FARMERS 

>slobberchops (81)in #life • 6 days ago
 The_commentphant.jpg

6 days ago in #life by slobberchops (81)$0.00
Reply 3
Sort:  Trending
[-]bpcvoter2 (-5)(1) 4 days ago  · Will be hidden due to low rating
NO DOWNVOTES FOR MARKY MARK'S SELF VOTING !WEED

https://hive.blog/life/@slobberchops/re-gogreenbuddy-sdr1wb

https://www.publish0x.com/the-dark-side-of-hive

https://www.reddit.com/r/stoptheabuseonhive/

https://peakd.com/hive-164833/@bilpcoinbpc/you-have-all-witnessed-this-account-being-downvoted-to-a-negative-reputation-for-no-reason 


SHAME ON YOU ALL SAD PEOPLE WHO SCAM LIE AND FARM HIVE AND HIVERS

<a href="https://imgflip.com/i/8rn7dn"><img src="https://i.imgflip.com/8rn7dn.jpg" title="made at imgflip.com"/></a><div><a href="https://imgflip.com/memegenerator">from Imgflip Meme Generator</a></div>

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>
[-]acidyo (82) 3 months ago  
Haha at "I shouldn't make commercial" :D Maybe something to worry about when you have more youtube subscribers! Quite interesting content though, these things should get more subs on there and here.

$4.28
1 vote
Reply
[-]gogreenbuddy (67) 3 months ago  
Yeah thought that was funny too

$4.54
4 votes
gogreenbuddy: $4.47
acidyo: $0.06
holbein81: $0.01
koleso: -$0.00

https://hive.blog/life/@gogreenbuddy/i-had-to-give-up-on-my-gabion-fencing-too-much-work

@themarkymark @buildawhale @upmyvote @ipromote @gogreenbuddy @usainvote @punkteam @makerhacks @apeminingclub @leovoter @blockheadgamds @rollingbones farm @cwow2 @solominer @steevc @adm @abit @theycallmedan @dalz @abh12345 


HE MAKES CURATION REWARDS WITH ALL HIS ALT ACCOUNTS BURNING TOKENS LIKE THIS DOES NOT TAKE OLD TOKENS IT MINTS NEW ONES AND BURNS THEM


https://hive.blog/hive-167922/@bilpcoinbpc/the-power

https://www.bilpcoin.com/hive-167922/@bilpcoinbpc/the-power

https://www.bilpcoin.com/hive-167922/@bpcvoter1/response-4-to-themarkymark-marcus-buildawhale-usainvote-ipomote-leovoter-gogreenbuddy-and-over-100-of-his-alt-accounts



[Reply 2 to @eddiespino](https://www.bilpcoin.com/undefined/@bpcvoter3/reply-2-to-eddiespino)


[Reply to @eddiespino](https://www.bilpcoin.com/undefined/@bpcvoter3/reply-to-eddiespino)


[cwow stop the drink and drugs](https://www.bilpcoin.com/undefined/@bpcvoter1/cwow-stop-the-drink-and-drugs)

[Stop supporting the fake Hive police who do nothing but exploit Hive](https://www.bilpcoin.com/undefined/@bpcvoter1/stop-supporting-the-fake-hive-police-who-do-nothing-but-exploit-hive)

[Many people on Hive will never get to spend any of their Hive as it may become illegal in certain countries](https://www.bilpcoin.com/undefined/@bpcvoter1/many-people-on-hive-will-never-get-to-spend-any-of-their-hive-as-it-may-become-illegal-in-certain-countries)



<a href="https://imgflip.com/i/8thafx"><img src="https://i.imgflip.com/8thafx.jpg" title="made at imgflip.com"/></a><div><a href="https://imgflip.com/memegenerator">from Imgflip Meme Generator</a></div>



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https://peakd.com/hive-158694/@bilpcoinbpc/marks-dream

[Zac the man with the scam plan](https://www.bilpcoin.com/undefined/@bpcvoter1/zac-the-man-with-the-scam-plan)

[lol the Marky mark keeps dreaming](https://www.bilpcoin.com/undefined/@bpcvoter1/lol-the-marky-mark-keeps-dreaming)

>Looking at Hive from the outside, it looks like trash let just be honest there are issues. Not many people would be interested in coming to Hive to read blogs let's be honest

GET HELP STOP CRYING 

WE CAN NOT HELP YOU 


ARE YOU OK

Hello Marky, are you ok do you need help, are you facing mental health challenges?  

It's crucial to seek help. Continual dishonesty can erode trust and your mental health. Downvotes do not have an impact on us, but our consistent sharing of accurate information is key to us. 

Marky stop getting butt fucked LOL.

>themarkymark (80)in #computers • 11 hours ago
I'm doing great dude, I'm not here crying with 100 spam posts a day that my butt hurts. Touch some grass, go see a shrink. Get your life in order.

>11 hours ago in #computers by themarkymark (80)$0.00


https://hive.blog/computers/@themarkymark/re-bpcvoter1-sfi1bm

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[Bilpcoin Gems High-risk Low-risk Super Trump (ticker: Strump) Corgi with knife (ticker: Corgi) Engines of Fury (Ticker: Fury)](https://www.bilpcoin.com/undefined/@bpcvoter1/bilpcoin-gems-high-risk-low-risk-super-trump-ticker-strump-corgi-with-knife-ticker-corgi-engines-of-fury-ticker-fury)



[Let's talk](https://www.bilpcoin.com/undefined/@bpcvoter1/let-s-talk)


[Rider jim](https://www.bilpcoin.com/undefined/@bpcvoter1/rider-jim)



[Make today great](https://www.bilpcoin.com/undefined/@bpcvoter1/make-today-great)

[Decentralized or centralized](https://www.bilpcoin.com/undefined/@bpcvoter1/decentralized-or-centralized)




[Bilpcoin Vibes](https://www.bilpcoin.com/undefined/@bpcvoter2/bilpcoin-vibes)

[Tomorrow may never come, so seize the day seize the moment](https://www.bilpcoin.com/undefined/@bpcvoter1/tomorrow-may-never-come-so-seize-the-day-seize-the-moment)

[Love life, be happy](https://www.bilpcoin.com/undefined/@bpcvoter1/love-life-be-happy)


>
[-]themarkymark (80) yesterday (edited) 
Farming? Show me where I am farming, I post like one post a month at this point, and all buildawhale is burned. As you say transactions don’t lie. And don't say curation rewards, I'd get those no matter what I vote on and if you expect I will be the only person on this blockchain to forfeit curation rewards, you are dumber than we know you are.

https://hive.blog/hive-167922/@bpcvoter1/seq7ok


https://www.bilpcoin.com/undefined/@bpcvoter1/response-3-to-themarkymark-marcus-buildawhale-usainvote-ipomote-leovoter-gogreenbuddy-and-over-100-of-his-alt-accounts



https://hive.blog/hive-193084/@bpcvoter1/response-2-to-themarkymark-marcus-buildawhale-usainvote-ipomote-leovoter-gogreenbuddy-and-over-100-of-his-alt-accounts

!LOL !WEED !GIF !MEME


https://hive.blog/hive-167922/@themarkymark/re-bpcvoter1-sepr9c

>You don't seem it. I've seen this before, it isn't good.

21 hours ago in LeoFinance by themarkymark (80)


>[-]bpcvoter1 (-2)(1) yesterday  · Will be hidden due to low rating
NO DOWNVOTES FOR MARKY
$0.00Reply Edit
[-]themarkymark (80) 16 hours ago  
Please talk to your doctor about adjusting your meds. I’m worried about you.

>$0.00Reply
[-]bpcvoter1 (-2)(1) 27 minutes ago  · Will be hidden due to low rating
We are fine
$0.00Reply Edit Delete

https://hive.blog/hive-167922/@bpcvoter1/senppv


https://hive.blog/life/@anomadsoul/re-gogreenbuddy-seqf1p

>60 votes
slobberchops [-]
gogreenbuddy [-]
cmplxty [-]
shanibeer [-]
antisocialist [-]
azabu [-]
acram64 [-]
mypathtofire [-]
willowranger [-]
bscrypto [-]
dhedge [-]
aaronkroeblinger [-]
lichtkunstfoto [-]
memehub [-]
chekohler [-]
modernzorker [-]
carn [-]
earthsea [-]
pinkhub [-]
kaylinart [-]
and 40 more

https://hive.blog/hive-104387/@bpcvoter3/se19g2

Downvoted BY HIVE FARMERS

>slobberchops (81)in #life • 6 days ago
The_commentphant.jpg

>6 days ago in #life by slobberchops (81)$0.00
Reply 3
Sort: Trending
[-]bpcvoter2 (-5)(1) 4 days ago · Will be hidden due to low rating
NO DOWNVOTES FOR MARKY MARK'S SELF VOTING !WEED

https://hive.blog/life/@slobberchops/re-gogreenbuddy-sdr1wb

>Just going to leave my response to the one out of thousand previous comments you left today.

>People only tolerate you for the votes
Interesting, considering I don't vote anyone.

>You vote on you're own spam comments every day @buildawhale to earn curation rewards. There are many authors on Hive whom you could support, but you choose not to you keep it to yourself don't you Marcus? You are no good Marcus.

>I used to vote over 200 unique authors a day, many of which my vote was their only significant vote, and for over a year every post and every vote I would make would get downvoted for $50 because someone was sad I stopped the abuse they were voting on. I lost my ability to choose what I vote on years ago. It has finally stopped, so I started the burn posts to reduce the inflation due to the wreckless DHF spending. Of course I earn curation rewards, like every single person on Hive. I will not be the only person on Hive to forfeit curation rewards, and to expect that is ridiculous. You are one to talk about spam comments, you are spamming hundreds if not thousands of comments a day.

>2 days ago in LeoFinance by themarkymark (80)$0.00

https://hive.blog/hive-167922/@themarkymark/re-bpcvoter1-setz65

[Response 4 to themarkymark marcus, buildawhale usainvote ipomote leovoter gogreenbuddy, and over 100 of his alt accounts](https://www.bilpcoin.com/undefined/@bpcvoter1/response-4-to-themarkymark-marcus-buildawhale-usainvote-ipomote-leovoter-gogreenbuddy-and-over-100-of-his-alt-accounts)


[Reply 2 to @eddiespino](https://www.bilpcoin.com/undefined/@bpcvoter3/reply-2-to-eddiespino)


[Reply to @eddiespino](https://www.bilpcoin.com/undefined/@bpcvoter3/reply-to-eddiespino)


[cwow stop the drink and drugs](https://www.bilpcoin.com/undefined/@bpcvoter1/cwow-stop-the-drink-and-drugs)




[Can't you see the problems on Hive?](https://www.bilpcoin.com/undefined/@bpcvoter1/can-t-you-see-the-problems-on-hive)




Posted using [Bilpcoin](https://www.bilpcoin.com/@bpcvoter1/do-you-need-help)

LOL 

It seems like THEMARKYMARK is dealing with some personal drama and mental issues, which might be causing them to spam us and others with baby pics, GIFs, and questionable content he's been doing the same for years. The fun doesn't stop there, as this seems to be a recurring theme with multiple online personas. The real question is, do we want to trust these drama-magnets with our hard-earned funds or any significant influence on Hive?


<a href="https://imgflip.com/i/8x4wwr"><img src="https://i.imgflip.com/8x4wwr.jpg" title="made at imgflip.com"/></a><div><a href="https://imgflip.com/memegenerator">from Imgflip Meme Generator</a></div>


[On Hive a significant issue exists with automatic upvotes consistently rewarding the same individuals day in and day out](https://www.bilpcoin.com/undefined/@bpcvoter1/on-hive-a-significant-issue-exists-with-automatic-upvotes-consistently-rewarding-the-same-individuals-day-in-and-day-out)


[We want to address the issue of downvoting. It has caused pain to many people, and we want to make sure it doesn't happen again  reply to @jacobtothe](https://www.bilpcoin.com/undefined/@bpcvoter1/we-want-to-address-the-issue-of-downvoting-it-has-caused-pain-to-many-people-and-we-want-to-make-sure-it-doesn-t-happen-again)

[On Hive a significant issue exists with automatic upvotes consistently rewarding the same individuals day in and day out](https://www.bilpcoin.com/undefined/@bpcvoter1/on-hive-a-significant-issue-exists-with-automatic-upvotes-consistently-rewarding-the-same-individuals-day-in-and-day-out)

[We hope that those who genuinely care about Hive will reconsider their actions, as continuing down this path could inadvertently harm innocent users who are unaware of these issues](https://www.bilpcoin.com/undefined/@bpcvoter1/we-hope-that-those-who-genuinely-care-about-hive-will-reconsider-their-actions-as-continuing-down-this-path-could-inadvertently)


[lol the Marky mark keeps dreaming](https://www.bilpcoin.com/undefined/@bpcvoter1/lol-the-marky-mark-keeps-dreaming)

[Marks dream](https://www.bilpcoin.com/undefined/@bilpcoinbpc/marks-dream)

https://www.publish0x.com/the-dark-side-of-hive/the-marky-mark-marcus-its-clear-youre-deeply-engaged-in-farm-xmjodol


>WE PRAY FOR YOU

Posted using [Bilpcoin](https://www.bilpcoin.com/@bpcvoter1/themarkymark-is-dealing-with-some-personal-drama-and-mental-issues-which-might-be-causing-them-to-spam-us-and-others-with-baby)


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https://www.bilpcoin.com/undefined/@bpcvoter1/lol-the-marky-mark-keeps-dreaming


>lol the Marky mark keeps dreaming

themarkymark (80)in FreeCompliments • 2 days ago
No.

I downvote spammers, you are a spammer, you get no monies. It’s very simple.

In the meantime go get some help. You obviously have some issues going on.

2 days ago in FreeCompliments by themarkymark (80)$0.00
Reply 4
Sort: Trending
[-]bpcvoter1 (-4)(1) yesterday · Will be hidden due to low rating
GET HELP
$0.00Reply Edit
[-]themarkymark (80) 4 hours ago
I have a personal chef, maid, and a captain for my yacht. What other help do I need?

$0.00Reply

https://hive.blog/hive-140084/@themarkymark/re-bpcvoter1-sg5l3x


@gogreenbuddy THIS MAN IS A TOP HIVE FARMER AND SCAMMER SOME OF HIS OTHER ACCOUNTS @THEMARKYMARK @BUILDAWHALE @USAINVOTE  @UPMYVOTE @LEOVOTER @IPROMOTE @PUNKTEAM @CWOW2 @STEMGEEKS AND 100s  more

https://www.publish0x.com/the-dark-side-of-hive


>Many bots on Hive aim to combat spam, scams, and other inappropriate content. However, these bots inadvertently downvote legitimate content. It's important to note that the individuals operating these bots are scammers and abusers themselves, which undermines the effectiveness of this system LOL.

https://hive.blog/hive-167922/@bpcvoter1/on-hive-there-s-a-user-who-frequently-burns-a-significant-amount-of-hive-lol-with-his-own-accounts

https://youtu.be/8VcSzCGbpoE

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@owasco · Aug 18 '24

$0.20

Older people spend much more on "healthcare" than they used to. They go to various doctors regularly, and get meds that make them even sicker, so they have to go even more. I do not remember old folks having to do that when I was a kid. My mother did though, once she started taking medications first for menopause, then for the resultant osteoporosis, then for the resultant mini strokes, then for the resultant afib. She was perfectly healthy until she started taking something for hot flashes. It was downhill, living-wise and financial-wise, from there. Little was left to divvy up among her five children by the time my father died. But, he didn't skimp on himself, and lived somewhat lavishly. I was happy for him in that. No assisted living quarters or long term care for either of them. 

I squandered the money I got from my parents on higher education for my children. Was that wise? I'm not sure...

👍 tarazkp

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@tarazkp · Aug 18 '24

>We need to increase our inheritance and leave passive income to our grandchildren.

It is the "gateway drug" cycle, isn't it? Except, it is legal, backed by governments, to make trillions, instead of billions. 

>I squandered the money I got from my parents on higher education for my children. Was that wise? I'm not sure..

It is a question to ask these days. It used to be "get educated, get a good job" - but I don't think it has been that way for a long time.

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@urrirru · Aug 18 '24

$0.18

>An inheritance isn't free money, it is an opportunity.

I think that at 20+ years old it is difficult for people to understand this. I myself only began to think about investing when I was 40+ years old. And now there is no way I will spend my inheritance on consumer spending. 
We need to increase our inheritance and leave passive income to our grandchildren.

👍 tarazkp

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@tarazkp · Aug 18 '24

>We need to increase our inheritance and leave passive income to our grandchildren.

Pretty much. Invest it all, and teach those below not to be wasteful.

👍 urrirru

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@xrayman · Aug 18 '24

$0.18

Good analysis of the consumption table by age group in Australia. 

In my country, we're experiencing something a little different. 
Older, retired people, if they don't have a pension that guarantees them a relatively quiet life, end up depending economically on their children to pay for a home. 

Today, the middle class is completely crushed between the “poorest”, who end up receiving subsidies and support from the state, and the richest, who make up a small percentage of the working population. 

For this reason, the crushing of the middle class, of which I am a member, and as I don't have much prospect of a significant salary evolution, given the level of inflation and the cost of living, which has been suffering large increases since 2021, I tend to look at the world of cryptos, as a possibility of having some power on the side and outside the “normal” network that works with the devaluation of national currencies. 

Thanks for your analysis and sharing!

👍 tarazkp

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@tarazkp · Aug 18 '24

$0.03

I am in the bottom of the middle in Finland, and it is definitely a crush. Yet, I know many in my level who are still getting supported by parents in some way. It is weird - perhaps because I got nothing from my parents, when they were alive or after they passed. 

Cryptos might be the only way I can claw up from where I am :)

👍 xrayman

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