The Times – January 3, 2009Bitcoin Genesis Block Mined 03 January 2009Cypherpunks Write CodeCODE IS LAW THE SOONER HUMANKIND ACCEPTS IT, THE SOONER IT CAN BUILD AROUND ITYeah.. I wonder Why 😂Bitcoin made easyHow a Bitcoin transaction worksA humble MinerHow Bitcoin Mining WorksMining DifficultyBitcoin HalvingBitcoin Previous HalvingsPoolsBitcoin WalletsBitcoin StakeholdersBitcoin FactsPower to the PeopleTotalitarian Governments can kiss my 256-bit keyBitcoin – People’s MoneyBitcoin cannot be Shut DownThe power of the long tail…Central Bank’s 3 StrategiesF**k them, Enough !!!Upcoming Smart Contracts NetworksBitcoin Yearly CandlesBitcoin Price History – Log ScaleBitcoin Mining Ecosystem MapDefi Ecosystem in EthereumDeFi Stack: Product& Application ViewSyscoin EcosystemSyscoinBSC EcosystemPopular CryptocurrencyCrpto EcosystemPublic Companies that own BitcoinTop Banks investing in CryptoBitcoin Inflation vs. TimeWhen you’re Ready…Choose WiselyMake bitcoin thrive, let fiat become humus…Veritas non Auctoritas Facit Legem
Most people misunderstand what bitcoin miners actually do, and as a result they don’t fully grasp the level of security provided by bitcoin’s hashrate.
In this article, we’ll explain proof of work in a non-technical way so that you’ll be able to counter the misinformation about supercomputers and quantum computers attacking the Bitcoin network in the future.
Simply put, mining is a lottery to create new blocks in the Bitcoin blockchain. There are two main purposes for mining:
To permanently add transactions to the blockchain without the permission of any entity.
To fairly distribute the 21 million bitcoin supply by rewarding new coins to miners who spend real world resources (i.e. electricity) to secure the network.
To understand what is actually happening in this lottery system, let’s look at a simple analogy where every Bitcoin hash is equivalent to a dice roll.
Luck, Gambling, and SHA-256
Imagine that miners in the Bitcoin Network are all individuals gambling at a casino. In this example, each of these gamblers have a 1000 sided dice. They roll their die as quickly as possible, trying to get a number less than 10. Statistically, this may take a very long time, but as more gamblers join the game, the time it takes to hit a number less than 10 gets reduced. In short, more gamblers equals quicker rounds.
Once somebody successfully rolls a number less than 10, all gamblers at the table can look down and verify the number. This lucky gambler takes the prize money and the next round begins.
Ultimately, the process of mining bitcoin is very similar. All miners on the network are using Application Specific Integrated Circuits (ASICs), which are specialized computers designed to compute hashes as quickly as possible.
To “compute a hash” simply means plugging any random input into a mathematical function and producing an output.
More hashes per second (i.e. higher hashrate) is equivalent to more dice rolls per second, and thus a greater probability of success.
Miners propose a potential Bitcoin block of transactions, and use this for an input. The block is plugged into the SHA256 hash function which yields a fixed-sized output, known as a hash. A single hash can be computed in less than a millisecond, as it involves no complex math.
If the hash value is lower than the Bitcoin Network difficulty, then the miner who proposed the block wins. If not, then the miner continues trying by computing more hashes.
The successful miner’s block is then added to the blockchain, the miner is rewarded with newly issued bitcoin for their work, and the “next round” begins.
Sources :
https://wikipedia.com/
https://braiins.com/
https://blockdata.com/
https://coin98analytics.com/
https://scoopwhoop.com/
https://stakingrewards.com/
https://syscoin.org/
https://galaxydigitalresearch.com/
https://surveycrest.com/
The Times
The Economist
"Internet of Money" - Andreas Antonopoulus
Hal Finney Quotes
Timothy C. May Quote
Free Spirit Digital Art
!°! If I forgot someone, sorry ! Do tell and I'll add you as a source of inspiration on the list !!! Thanks for understanding !!!
Questions, opinions, critics and requests always welcomed and as time allows will be accomodated !!! 🤓 🙂 😉
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Decentralized exchange (DEX) aggregators, also known as liquidity aggregators, compile the exchange rates of numerous DEX platforms and show you a list of platforms offering the best value for your crypto trades.
Moreover, you can access a deeper pool of liquidity by trading on multiple DEXs using a single trading dashboard. Think of them as the search engines of the DeFi landscape, scouring DEXs for the best deals so that you can swap your crypto assets with the lowest fees.
Although it is a DEX in its own right, 1Inch’s main USP is its position as a top DEX aggregator across multiple blockchains. The network supports trades across major ecosystems like Ethereum and Binance and smaller networks like Polygon, Arbitrum, and Optimism.
As an aggregator, 1Inch gives you access to over 120 liquidity sources, with 68 on Ethereum, 39 on Binance, and 24 on Polygon. With daily trading volumes averaging close to $300 million from 300,000+ active users, it is one of the most active DEX aggregators in 2021.
The native token of the 1Inch DEX is also called 1INCH. It functions as both a utility token and a governance token for the protocol. 1INCH is a multi-chain token available on the Ethereum and Binance Smart Chain.
1Inch is one of the best DEX aggregators for crypto rookies, with detailed documentation and a well-developed Help Center filled with starter guides, FAQs, and more.
Slingshot grew out of DEX.AG, a DEX aggregator platform created in late 2018 as part of a hackathon event. At its launch, it supported seven major DEX, including Uniswap, Kyber, and DDEX.
After million-dollar funding rounds, DEX.AG was rebranded as Slingshot in November 2020. Slingshot works on Ethereum-based protocols – Polygon (formerly MATIC) and Arbitrum One. Across the two, you get access to over 326 exchanges/liquidity sources.
Slingshot is a very popular choice among experienced cryptocurrency traders due to its relative simplicity and advanced functionality. The average daily volumes touching over half a billion dollars is a testament to the platform’s popularity.
However, due to a threadbare interface and lack of easily accessible website FAQs, guides, and documentation, Slingshot is not a very beginner-friendly DEX platform.
Totle is a DEX aggregator that also dips into synthetic asset providers, allowing traders to engage with tokenized assets of many shapes and sizes. Unfortunately, the platform seems to be dormant, with no updates since mid-2021 and a lack of stats on any major crypto platform.
ParaSwap is a versatile DEX aggregator supporting Ethereum, Binance, Polygon, and Avalanche blockchains. In addition, it has a native token for liquidity and governance purposes called the PSP.
While it is one of the more feature-packed and beginner-friendly DEX aggregators, ParaSwap is still in the growth phase. In 2021, the platform reported 1.4 million total users over time, with daily transaction volumes peaking around $150 million.
ParaSwap allows you access to swap and payment options across 75 DEX platforms, focusing on better market rates and cheaper gas fees. In addition, decentralized applications (dApps) can also integrate with ParaSwap to better streamline token swaps.
Like 1Inch and Slingshot, Matcha is both a DEX aggregator and a decentralized exchange in itself. Powered by 0x Labs, the platform focuses on transparency, lower fees, smart order routing, and easier access.
Thanks to a recent partnership with MoonPay, Matcha can now accept payments in fiat currencies, a first for DEX platforms. This could be very useful for newcomers – you can directly purchase cryptos using regular currency on Matcha and start trading immediately.
Matcha provides access to over 50 liquidity sources and DEX platforms across three blockchain systems – Ethereum, Binance, and Polygon. Despite being one of the younger platforms on this list (launched in 2020), Matcha boasts over 2.5k daily traders. Its daily volumes are close to $150 million.
Uniswap is a DEX platform based on the Automated Marker Maker (AMM) model. After its launch in November 2018, the DEX has seen a meteoric rise among crypto circles. As of Q4 2021, it routinely tops the charts of DEX platforms with the largest daily volumes with $5.5 billion.
The platform is currently in its third iteration – Uniswap V3. Based on the Ethereum Blockchain, Uniswap gives you access to over 50 liquidity pools, with 285 cryptocurrencies across more than 350 markets. The USDC-ETH pair alone accounts for over $1.8 billion worth of trades each day.
While not a DEX aggregator per se, Uniswap is still a great option to consider due to its sheer size and reach. Most of the other aggregators on this list have Uniswap as a major partner and source of trading options.
PancakeSwap launched in 2020 to work like Uniswap, but on the Binance Smart Chain instead of Ethereum. Like Uniswap, PancakeSwap is a DEX platform with an AMM operating model, with an additional focus on yield farming based on the native CAKE token.
Regardless of the sweet and syrupy “cake” theme, PancakeSwap is a major force on the DeFi scene, thanks to the sheer size of the Binance blockchain. It easily slots into the top three most active DEX platforms, with daily volumes exceeding $2.6 billion.
The platform is user-friendly, with detailed community guides, troubleshooting articles, and customer support. In addition, you can trade in over 30 major cryptos backed by an equal number of high-quality liquidity pools.
Is based directly on Uniswap, with a fork in the original code created by its anonymous developer who goes by the pseudonym Chef Nomi.
Right from the outset, SushiSwap has courted controversy. To generate liquidity, its founder encouraged users to deposit in Uniswap tokens, leeching away almost $810 million from Uniswap in a “vampire attack.”
Chef Nomi then proceeded to withdraw his liquidity from the project, generating a massive controversy. Ultimately, he backtracked and returned all funds, relinquishing his control over the project to a new team.
Since these early missteps, SushiSwap has maintained healthy growth rates in the crowded arena of Ethereum-based DEX/AMM platforms. It currently ranks in the top ten list, with daily volumes of close to $800 million across 400+ markets.
dYdX is a major DEX platform with a heavy focus on reducing the inflated gas prices on Ethereum. It is one of the few platforms to offer gasless deposits to new users who deposit above a certain threshold. The platform has plans to make this a permanent feature.
dYdX is also working closely with StarkWare to deploy a Layer 2 scalability engine designed to reduce gas costs and trading fees further. Using Ethereum Smart Contracts, dYdX enables traders to invest in the crypto-equivalent of futures trading and other derivatives.
Due to its unique position on the Ethereum ecosystem, dYdX has managed to gain ground on other more popular DEX platforms like Uniswap. As a result, at the end of 2021, dYdX is ranked second on the list of the most active DEX platforms, with daily volumes of $5.4 billion.
Instead of Ethereum or Binance, the Raydium platform operates on the highly promising Solana blockchain. As a result, the Ethereum-competitor has a vibrant developer ecosystem, and its cryptocurrency has grown at least 16,000% since January 2021.
The increased interest in the Solana blockchain has also helped Raydium, an AMM platform based on the Serum DEX.
The platform gives access to over 430 trading pairs, with Solana-USDT being the most popular.
The native token, also called Raydium, is the foundation of all future apps and projects on the Solana and Serum ecosystems.
The project’s primary focus is to function as the engine of DeFi on Solana. However, with current daily volumes already reaching $300 million, Raydium shows a lot of promise for future growth.
Launched in 2020 as a less expensive, more efficient alternative to Ethereum, Avalanche blockchain focuses on decentralized apps.
Its AVAX token has hit all-time high demands in late 2021, thanks to positive media coverage and high-profile partnerships with entities like Deloitte.
This surge has also propelled TraderJoe, the major DEX platform based around Avalanche blockchain, to the top of the DEX pile in recent times. Its pole position in the blockchain ecosystem has helped drive TraderJoe’s daily trades close to $1 billion.
You can trade major cryptos, stake and gain the native JOE token as rewards, lend other cryptos and farm yields on the TraderJoe platform. With low fees and over 170 markets, TraderJoe is a top target for anyone interested in the Avalanche ecosystem.
Top Pick: Uniswap
The Top pick is Uniswap, for its deep liquidity pools, its user-friendliness, and its commitment to continuous innovation.
As the various DeFi ecosystems continue to grow and expand, the importance of DEX aggregators and AMM platforms will increase further.
These platforms serve a vital purpose, finding liquidity and facilitating transactional activity across multiple blockchains.
To say that the future of DeFi, and by extension, the future of finance as we know it, hinges on DEX aggregators would not be an overstatement.
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Napoleon Hill was an American author in the area of the new thought movement who was one of the earliest producers of the modern genre of personal-success literature.
He is widely considered to be one of the great writers on success.
His most famous work, Think and Grow Rich (1937), is one of the best-selling books of all time (at the time of Hill’s death in 1970, Think and Grow Rich had sold 20 million copies).
Hill’s works examined the power of personal beliefs, and the role they play in personal success.
He became an advisor to President Franklin D. Roosevelt from 1933 to 1936. “What the mind of man can conceive and believe, it can achieve” is one of Hill’s hallmark expressions.
How achievement actually occurs, and a formula for it that puts success in reach of the average person, were the focal points of Hill’s books.
” The starting point of all achievement is DESIRE.
Keep this constantly in mind.
Weak desire brings weak results, just as a small fire makes a small amount of heat. “
Napoleon Hill – “Think and Grow Rich”
Desire
Whatever the mind can conceive and believe, it can achieve. “
Napoleon Hill – “Think and Grow Rich”
The Mind
” You are the master of your destiny.
You can influence, direct and control your own environment.
You can make your life what you want it to be. “
Napoleon Hill – “Think and Grow Rich”
The Master of your destiny
” When defeat comes, accept it as a signal that your plans are not sound, rebuild those plans, and set sail once more toward your coveted goal. “
Napoleon Hill – “Think and Grow Rich”
Defeat
” Do not wait: the time will never be ‘just right’.
Start where you stand, and work whatever tools you may have at your command and better tools will be found as you go along. “
Napoleon Hill
Time will never be just right’
” When your desires are strong enough, you will appear to possess superhuman powers to achieve. “
Napoleon Hill
Desires and superhuman powers
” A quitter never wins and a winner never quits. “
Napoleon Hill
Quitter vs. Winner
” The man who does more than he is paid for will soon be paid for more than he does. “
Napoleon Hill
More than you’re paid
” Our only limitations are those we set up in our own minds. “
Napoleon Hill
Limitations
” Happiness is found in doing, not merely possessing. “
Napoleon Hill – “Think and Grow Rich”
Happiness
” An educated man is not, necessarily, one who has an abundance of general or specialized knowledge.
An educated man is one who has so developed the faculties of his mind that he may acquire anything he wants, or its equivalent, without violating the rights of others. “
Napoleon Hill – “Think and Grow Rich”
An educated man
” Every adversity, every failure, every heartbreak, carries with it the seed of an equal or greater benefit. “
Napoleon Hill – “Think and Grow Rich”
The Seed
” More gold had been mined from the mind of men than the earth it self. “
Napoleon Hill – “Think and Grow Rich”
Mind gold
” A goal is a dream with a deadline. “
Napoleon Hill
Goal
” Opinions are the cheapest commodities on earth.
Everyone has a flock of opinions ready to be wished upon anyone who will accept them.
If you are influenced by “opinions” when you reach DECISIONS, you will not succeed in any undertaking. “
Napoleon Hill – “Think and Grow Rich”
Opinions…cheapest commodities on earth !
” We refuse to believe that which we don’t understand. “
Napoleon Hill – “Think and Grow Rich”
Refuse to believe…
” You are entitled to know that two entities occupy your body.
One of these entities is motivated by and responds to the impulse of fear.
The other is motivated by and responds to the impulse of faith.
Will you be guided by faith or will you allow fear to overtake you? “
Napoleon Hill – “Outwitting the Devil: The Secret to Freedom and Success”
Fear
” Remember that your dominating thoughts attract, through a definite law
of nature, by the shortest and most convenient route, their physical counterpart.
Be careful what your thoughts dwell
upon. “
Napoleon Hill – “Outwitting the Devil: The Secret to Freedom and Success”
Law of Nature
” IF – and this is the greatest of them all – I had the courage to see myself as I really am, I would find out what is wrong with me, and correct it, then I might have a chance to profit by my mistakes and learn something from the experience of others,for I know that there is something WRONG with me, or I would now be where I WOULD HAVE BEEN IF I had spent more time analyzing my weaknesses, and less time building alibis to cover them. “
Napoleon Hill – “Think and Grow Rich”
Courage to see thyself
” First comes thought; then organization of that thought, into ideas and plans; then transformation of those plans into reality.
The beginning, as you will observe, is in your imagination. “
Napoleon Hill
Imagination
” The strongest oak of the forest is not the one that is protected from the storm and hidden from the sun.
It’s the one that stands in the open where it is compelled to struggle for its existence against the winds and rains and the scorching sun. “
Napoleon Hill
Strongest oak
” Weak desires bring weak results, just as a small amount of fire brings a small amount of heat. “
Napoleon Hill
Weak desires
” Persistence is to the character of man as carbon is to steel. “
Napoleon Hill
Persistance
” A genius is simply one who has taken full possession of his own mind and directed it toward objectives of his own choosing, without permitting outside influences to discourage or mislead him. “
Napoleon Hill
Genius
” Neglecting to broaden their view has kept some people doing one thing all their
lives. “
Napoleon Hill – “Think and Grow Rich”
Broaden your view
” If you are not learning while you’re earning, you are cheating yourself out of the better portion of your compensation. “
Napoleon Hill
Learning while you’re earning
” Wise men, when in doubt whether to speak or to keep quiet, give themselves the benefit of the doubt, and remain silent. “
Napoleon Hill
Silence
” One who has loved truly, can never lose entirely.
Love is whimsical and temperamental. Its nature is ephemeral, and transitory.
It comes when it pleases,and goes away without warning.
Accept and enjoy it while it remains, but spend no time worrying about its departure.
Worry will never bring it back. “
Napoleon Hill – “Think and Grow Rich”
Love
” TELL THE WORLD WHAT YOU INTEND TO DO, BUT FIRST SHOW IT.
This is the equivalent of saying “deeds, and not words, are what count most. “
Napoleon Hill – “Think and Grow Rich”
” Remember,too,that all who succeed in life get off to a bad start,and pass through many heartbreaking struggles before they “arrive”.
The turning point in the lives of those who succeed usually comes at some moment of crisis,through which they are introduced to their “other selves”. “
Napoleon Hill – “Think and Grow Rich”
The turning point
“Most great people have attained their greatest success just one step beyond
their greatest failure.”
Napoleon Hill
One step beyond your greatest failure
” Awake,arise,and assert yourself,
you dreamers of the world.
Your star is now in ascendancy. “
Napoleon Hill – “Think and Grow Rich”
Dreamers of the world
” Most so called FAILURES are only temporary defeats. “
Napoleon Hill – “Law of Success”
Temporary defeats
” Effort only fully releases its reward after a person refuses to quit. “
Napoleon Hill
Effort and reward
” Fears are nothing more than a state of mind. “
Napoleon Hill – “Law of Success”
Fears
” Whatever the mind can conceive and believe, the mind can achieve regardless of how many times you may have failed in the past or how lofty your aims and hopes may be. “
Napoleon Hill
The mind
” You are entitled to know that two entities occupy your body.
One of these entities is motivated by and responds to the impulse of fear.
The other is motivated by and responds to the impulse of faith.
Will you be guided by faith or will you allow fear to overtake you? “
Napoleon Hill – “Outwitting the Devil: The Secret to Freedom and Success”
Faith vs Fear
” The only limitation is that which one sets up in one’s own mind. “
Napoleon Hill – “Think and Grow Rich”
Limitation
” Every man is what he is, because of the dominating thoughts which he permits to occupy his mind. “
Napoleon Hill – “Think and Grow Rich”
Dominating thoughts
” There is no substitute for persistence.
The person who makes persistence his watch-word, discovers that “Old Man Failure” finally becomes tired, and makes his departure.
Failure cannot cope with persistence. “
Napoleon Hill – “Think and Grow Rich”
Persistance
” The most practical of all methods for controlling the mind is the habit of keeping it busy with a definite purpose, backed by a definite plan.”
And
“A man whose mind is filled with fear not only destroys his own chances of intelligent action, but he transmits these destructive vibrations to the minds of all who come in contact with him, and destroys, also, their chances.”
Napoleon Hill – “Think and Grow Rich”
Mind busy with definite purpose
” Patience, persistence and perspiration make an unbeatable combination for success. “
Napoleon Hill
3 P’s
“Success requires no explanations.
Failure permits no alibis.”
Napoleon Hill – “Think and Grow Rich”
Success
” He had nothing to start with, except the capacity to know what he wanted, and the determination to stand by that desire until he realized it. “
Napoleon Hill, Think and Grow Rich
Determination and Desire
” Nature will not tolerate idleness or vacuums of any sort.
All space must be and is filled with something . . .
When the individual does not use the brain for the expression of positive, creative thoughts, nature fills the vacuum by forcing the brain to act upon negative thoughts.
Napoleon Hill – “Outwitting the Devil: The Secret to Freedom and Success”
Nature
” In parting, I would remind you that “Life is a checkerboard, and the player opposite you is time.
If you hesitate before moving, or neglect to move promptly, your men will be wiped off the board by time.
You are playing against a partner who will not tolerate decisions! “
Napoleon Hill – “Think and Grow Rich”
Life is a checkboard
” Close friends and relatives, while not meaning to do so, often handicap one through “opinions” and sometimes through ridicule, which is meant to be humorous.
Thousands of men and women carry inferiority complexes with them all through life, because some well-meaning, but ignorant person destroyed their confidence through “opinions” or ridicule. “
Napoleon Hill – “Think and Grow Rich”
Opinions
” If you must be careless with your possessions, let it be in connection with material things.
Your mind is your spiritual estate!
Protect and use it with the care to which Divine Royalty is entitled.
You were given a WILL-POWER for this purpose. “
Napoleon Hill – “Think and Grow Rich”
Your mind is your spiritual estate
” Deliberately seek the company of people who influence you to think and act for yourself. “
Napoleon Hill – “Think and Grow Rich”
Company of people who influence you
” Remember, the thoughts that you think and the statements you make regarding yourself determine your mental attitude.
If you have a worthwhile objective, find the one reason why you can achieve it rather than hundreds of reasons why you can’t. “
Napoleon Hill
Worthwhile objective
” Failure always is a blessing when it forces one to acquire knowledge or to build habits that lead to the achievement of one’s major purpose in life. “
Napoleon Hill – “Outwitting the Devil: The Secret to Freedom and Success”
Failure
” All the breaks you need in life wait within your imagination.
Imagination is the workshop of your mind, capable of turning mind energy into accomplishment and wealth. “
Napoleon Hill
Imagination – the workshop of your mind
“Knowledge has no value except that which can be gained from its application towards some worthy end.”
Napoleon Hill, Think and Grow Rich
Knowledge
” The ladder of success is never crowded at the top. “
Napoleon Hill – “Think and Grow Rich”
Ladder of success
” There is one weakness in people for which there is no remedy.
It is the universal weakness of LACK OF AMBITION! “
Napoleon Hill – “Think and Grow Rich”
Lack of Ambition
“One of the most common causes of failure is the habit of quitting when one is overtaken by temporary defeat.”
Napoleon Hill – “Think and Grow Rich”
Temporary defeat
” Love is essential for happiness, but the person who loves so deeply that his or her happiness is placed entirely in the hands of another, resembles the little lamb who crept into the den of the nice, gentle little wolf and begged to be permitted to lie down and go to sleep, or the canary. “
Napoleon Hill – “The Law of Success in Sixteen Lessons”
Love
” The leaders in every walk of life decide quickly, and firmly.
That is the major reason why they are leaders.
The world has the habit of making room for the man whose words and actions show that he knows where he is going. “
Napoleon Hill – “Think and Grow Rich”
Know where you’re going
” ASK any wise man what he most desires and he will, more than likely, say “more wisdom. “
Napoleon Hill – “The Law of Success in Sixteen Lessons”
More Wisdom
” You have a brain and mind of your own.
Use it, and reach your own decisions. “
Napoleon Hill – “Think and Grow Rich”
You have a brain…Use it!
Thoughts are things,” and powerful things at that, when they are mixed with definiteness of purpose, persistence, and a burning desire…
Napoleon Hill
Thoughts are things
” Every person who wins in any undertaking must be willing to burn his ships and cut all sources of retreat.”
Napoleon Hill – “Think and Grow Rich”
No retreat
” The mind has a definite way of clothing one’s thoughts in appropriate physical equivalents.
Think in terms of poverty and you will live in poverty.
Think in terms of opulence and you will attract opulence.
Through the eternal law of harmonious attraction, one’s thoughts always clothe themselves in material things appropriate unto their nature. “
Napoleon Hill – “You Can Work Your Own Miracles”
The Mind
” No man is your enemy, no man is your friend, every man is your teacher. “
Napoleon Hill – “The Prosperity Bible: The Greatest Writings of All Time on the Secrets to Wealth and Prosperity”
Every man is your teacher
” INSUFFICIENT EDUCATION.
This is a handicap that may be overcome with comparative ease.
Experience has proven that the best-educated people are often those who are known as ‘self-made’ or self-educated.
It takes more than a university degree to make one a person of education.
Any person who is educated has learned to get whatever they want in life without violating the rights of others.
Education consists not so much of knowledge, but of knowledge effectively and persistently applied.
People are paid not merely for what they know, but more particularly for what they do with what they know. “
Napoleon Hill – “Think and Grow Rich”
Self-Education
” Then accumulated knowledge is not wisdom?
A Great heavens, no!
If knowledge were wisdom, the achievements of science would not have been converted into implements of destruction. “
Napoleon Hill – “Outwitting the Devil: The Secret to Freedom and Success”
Knowledge vs Wisdom
” The entire world is made up of only two things, energy and matter.
In elementary physics we learn that neither matter nor energy (the only two realities known to man) can be created nor destroyed.
Both matter and energy can be transformed, but neither can be destroyed.
Life is energy, if it is anything.
If neither energy nor matter can be destroyed, of course life cannot be destroyed.
Life, like other forms of energy, may be passed through various processes of transition, or change, but it cannot be destroyed.
Death is mere transition.
If death is not mere change, or transition, then nothing comes after death except a long, eternal, peaceful sleep, and sleep is nothing to be feared.
Thus you may wipe out, forever, the fear of Death. “
Napoleon Hill – “Think and Grow Rich”
Fear of Death
” ‘Master Mind’, meaning a mind that is developed through the harmonious co-operation of two or more people who ally themselves for the purpose of accomplishing any given task. “
Napoleon Hill – “The Law of Success”
“Master Mind”
” KNOWLEDGE will not attract money, unless it is organized, and intelligently directed, through practical PLANS OF ACTION, to the DEFINITE END of accumulation of money.
Lack of understanding of this fact has been the source of confusion to millions of people who falsely believe that “knowledge is power.”
It is nothing of the sort!
Knowledge is only potential power.
It becomes power only when, and if, it is organized into definite plans of action, and directed to a definite end. “
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