₿HS018: The Mental Game - Guarding Your Mind & Thoughts

SHOW TOPIC:  Mental training, preparing for adversity, and avoiding fiat-mindset slippage

This episode covers how kids need to learn to deal with disappointment and adversity.  If you are homeschooling, it’s an easy trap to fall into to try to control everything.  Be intentional.  Mental training, e.g., mental resilience and anti-fragility, is an important topic often absent from standard curriculum.  Parents should be aware their beliefs from the fiat world are at risk of sipping into and being carried over to the Bitcoin world.  Pay attention to the paradigm you are passing to your kids.

IN THIS EPISODE, YOU'LL LEARN:

  • Viktor Frankl’s “Man's Search for Meaning” describes, first hand, how and why some people give up while others are able to persevere through extreme adversity.
  • His story exemplifies why it is important to guard your mental state.
  • What inspired Tali in the Robert Kiyosaki’s interview
  • Kiyosaki described “internal economy” versus “external economy”
  • The rich are playing a different game.  They are playing by a different set of rules.
  • The moment you accept money, you accept being an employee.
  • What you truly believe is what is communicated to your kids
  • Clarifying the distinction between an entrepreneur mindset and a value-for-value (V4V) kids allowance
  • Parents should be aware their beliefs from the fiat world are at risk of sipping into / being carried over to the Bitcoin world
  • Kids need to learn how to deal with disappointment.  If you are homeschooling, it’s an easy trap to fall into to try to control everything.  
  • There are alternatives to sports to give kids an opportunity to be exposed to adversity.
  • Intentionality … 
  • Face your fear … example Rejection Proof
  • Mental training, e.g., mental resilience and anti-fragility, is an important topic often absent from standard curriculum.
  • Scott’s Ayn Rand “Virtue of Selfishness” tangent
  • We should be confident in our pursuits but not expect transition will be smooth.  We’re going to have obstacles in life.  You have to have the mental resilience to ride the ups and downs.

RESOURCES MENTIONED IN THE SHOW:

HAPPY TO HELP:

  • Tali's Twitter @OrangeHatterPod
  • Scott's Twitter @ScottLindberg93
  • Scott's nostr npub19jkuyl0wgrj8kccqzh2vnseeql9v98ptrx407ca9qjsrr4x5j9tsnxx0q6
  • Free Market Kids' Twitter @FreeMarketKids
  • Orange Pill App @FreeMarketKids
  • Free Market Kids' games including HODL UP https://www.freemarketkids.com/collections/games

WAYS TO SUPPORT:

We are essentially our own sponsors and are so grateful for all of you who support this show.  Thank you!

STANDING RESOURCE RECOMMENDATIONS:

 


Testimonials

★★★★★

"HODL UP is a fun game. Almost as easy as playing Uno. Cool thing is that... it is all based on crypto-currency. Playing enabled my children and me to learn as we mined coins! Its accessible gameplay makes it both a family-friendly game and an educational experience. Highly recommend!"

S.E. Lindberg
Creator of Dyscrasia Fiction & Managing Editor at Black Gate
★★★★★

“Best Bitcoin game ever!”

Matt O'Dell
Citadel Dispatch
★★★★★

“This game is REALLY fun.  … I was so impressed with the game theory he used in building this game – Bravo sir!”

Preston Pysh
The Investor’s Podcast Network

Featured in