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The Mindset of Change: It Is Imperative These Days by taskmaster4450

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hive-100421 · @taskmaster4450 · (edited)
$26.89
The Mindset of Change: It Is Imperative These Days
<center>

[![](https://img.3speakcontent.online/uuikndoc/post.png)](https://3speak.online/watch?v=taskmaster4450/uuikndoc)

▶️ [Watch on 3Speak](https://3speak.online/watch?v=taskmaster4450/uuikndoc)

</center>

---

I have wondered why economists dismiss cryptocurrency as if it is nothing.  It dawned on me that classical economic thought goes back 90 years.  

This is a lesson for all of us, for investing, business, and our careers.  Many executives at companies in the record, magazine, and newspaper industries did not see the change that was happening right in front of them.

Are we using an old mindset?  By the same token, are we married to beliefs, ideas, and training we received decades ago?

---

▶️ [3Speak](https://3speak.online/watch?v=taskmaster4450/uuikndoc)
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@ai-summaries · 
**Summary:**
In this video, Task discusses the rapid changes happening in various industries and the impact of outdated mindsets. He highlights how many people are still operating with old mentalities based on practices from decades ago, which is dangerous in today's evolving world. Task emphasizes the disruptive nature of technologies like cryptocurrency and blockchain, stressing the need for adaptation, learning, and flexibility to thrive in the changing landscape. He warns against holding onto outdated beliefs, ideologies, or principles that may no longer be relevant, emphasizing the importance of staying informed and open to new possibilities.

**Detailed Analysis:**
Taskmaster4450 begins by addressing the fast-paced changes occurring across various sectors and the significance of understanding and adapting to them. He points out that many individuals, including economists, are still clinging to outdated mindsets derived from traditional economic theories that do not account for advancements in technology, particularly cryptocurrency. He highlights the disconnect between existing economic frameworks and the implications of digital currencies on the monetary system.

Drawing from his experience in the office equipment industry, which he describes as a dying sector due to technological advancements like digital storage and streaming services, Task illustrates the necessity of recognizing and embracing innovation to stay relevant. He stresses that industries relying on outdated technologies or business models are at risk of being overtaken by more progressive alternatives.

Task further discusses the impact of technological deflation, emphasizing that traditional economic practices fail to acknowledge the changing landscape. He contrasts the outdated financial practices with the rapid development of disruptive technologies like cryptocurrency, blockchain, and decentralized finance. Task predicts a significant shift in various industries due to these innovations and warns against ignoring their transformative potential.

Additionally, Task notes the inadequacy of current political and business leadership in recognizing and responding to these changes. He suggests that individuals in positions of power who adhere to outdated principles are likely to struggle in navigating the evolving landscape. Task underlines the importance of being proactive, adaptable, and willing to reevaluate existing beliefs to succeed in a dynamic environment.

In conclusion, Task encourages continuous learning, flexibility, and the rejection of outdated ideas to thrive in a rapidly changing world. He advises viewers to remain open-minded, embrace new technologies, and stay informed about emerging trends to position themselves for success in the evolving digital era.
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@fightspam · 
change is constant and every economists must learn to understand that we are no more in the 80's and there are now new innovative products on the financial markets...

Posted via <a href="https://steemleo.com/">Steemleo</a>
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vote details (2)
@goodsamaritan · 
in other words,they should learn to adapt to new measures and new markets and new products...

Posted via <a href="https://steemleo.com/">Steemleo</a>
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@psalm104 · 
change as they say is really constant and adapting to change is necessary and not just in economic situations only....

Posted via <a href="https://steemleo.com/">Steemleo</a>
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@ranso · 
i enjoyed the clip...

Posted via <a href="https://steemleo.com/">Steemleo</a>
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vote details (1)
@steem-ua · 
#### Hi @taskmaster4450!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your **UA** account score is currently 6.171 which ranks you at **#266** across all Steem accounts.
Your rank has not changed in the last three days.

In our last Algorithmic Curation Round, consisting of 105 contributions, your post is ranked at **#4**.
##### Evaluation of your UA score:

* You've built up a nice network.
* The readers appreciate your great work!
* Try to work on user engagement: the more people that interact with you via the comments, the higher your UA score!


**Feel free to join our [@steem-ua Discord server](https://discord.gg/KpBNYGz)**
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@steemitboard · 
Congratulations @taskmaster4450! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://steemitimages.com/60x70/http://steemitboard.com/@taskmaster4450/voted.png?202002092306"></td><td>You received more than 460000 upvotes. Your next target is to reach 470000 upvotes.</td></tr>
</table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@taskmaster4450) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=taskmaster4450)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
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@uyobong.sports ·
$0.44
> Many executives at companies in the record, magazine, and newspaper industries did not see the change that was happening right in front of them.

This is one thing that keeps me worried with the spate of #bitcoin growth in the last decade yet many are still waving blockchain technology.

Posted via <a href="https://steemleo.com/">Steemleo</a>
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@goodsamaritan · 
it is really worrisome though...

Posted via <a href="https://steemleo.com/">Steemleo</a>
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