The Most "Dominant & Erroneous" Economic Discrimination

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There's a massive stereotype when it comes to Third World countries, this means that some people living in first and second world countries often believe that people living in these places do not need a lot of money to survive, should not even bother owning much, or they should be specifically tied to a certain level of income and while I wouldn't really say Nigeria is one, (a Third World country) i've come to realize that some of these people hold these economic stereotypical views as well towards Nigeria.

Recently someone said on hive that for a $100 monthly a Nigerian can actually live like a "king". The thing is, this person isn't just misinformed, he's stereotypical and holds a shrewd mentality. So many people outside Nigeria are used to hearing that it's very cheap to survive and live in Nigeria as a result of this, they feel that people shouldn't aim to be wealthy and any attempts to actually do otherwise is tantamount to greed.


Third World Countries: The Adjudjication With Poverty


This mindset isn't just racial and discriminative, it can connotatively mean that some people place a synonym of poverty on Third World countries making them feel that they can only "take" without even eschewing any value that makes them deserved of making or creating wealth from their own intuitions. One of the major determinant of a country's valuation is the degree of magnanimity in the distribution of resources.

Most Third World countries are actually not poor, the unfair distribution, mismanagement and embezzlement is where actually makes it so, so while a lot of people are actually not poor, not having the right government provided platform and opportunities makes them bereft of ways to actually creative value that is exchangeable for money. This creates a wrong notion that people are lazy and not willing to work.


While it is cheap to live in a place like Nigeria, it isn't sustainable to do so, especially when there are external factors that make this largely impossible.


Another stereotypical aspect of the Internet is that it showcases internet ads to people in sophisticated countries of dying kids, war and famine which totally creates a mindset that a lot of people are poor, feed terribly and live from their hands to mouth. The government of these African states are often responsible, and how do they achieve this?

For example Nigeria has been borrowing from the World Bank and in other to do so efficiently, they have to always create an impression of a stagflated economy unable to use their natural resources to actually create money to run the state, inasmuch as the state resources can do so and more, they end up embezzling money while using borrowed funds to run the state and leaving these debts for the coming government to sort out.


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Culling The Distribution


The lacks of opportunities create an unfair necessity, and this is always evident when a person from a developing state is trying to move to a country they consider to be better. The mindset is that these people who are incoming are milkers, as they can only benefit without adding any sort of value, and this is why most countries are hostile towards people who they tout to come from "less capable economic" states. Most of the time this isn't true, however, discrimination, fear of domination and greed is what mostly creates this belief. Someone saying an African should live like a king with a $100 monthly income is totally appalling.

However, would you blame such a mentality? Yes I should, No, I might not. The internet is filled with lies, and sometimes you need a first-hand experience of a country to actually know what it was like. It's like mentioning Afghanistan and what comes to mind is war and when Somalia is mention, poverty comes to the mind, hence the people who are exposed to better conditions always feels that the people from these countries should be satisfied with owning "less" because originally, they're not used to "plenty".

While this situation seems harmless on the surface, it totally proves that superior racial tendencies are often a parameter to judge who should "own", what they should "own" and what they're totally deserved of. The fear of domination is why some citizens of superior countries feels that a person from a less capable state should not attain a particular kind of financial status because if they had stayed back in the country, they wouldn't have even dreamed of earning anything.


Crypto: The Human Factor


Irrespective of the space, be it real-time or in the cryptosphere, this mentality will continue being the same. Money is mostly an emotional asset that guarantees different sort of power. It might even become totally worse in crypto because in the future we'd have wealthy crypto individuals that can illogical impact the wreckage of a crypto Project simply because they feel it's not deserved of the valuation it carries.

For example, the number of people who owns bitcoin alone in Nigeria shows that a financial capacity, this means that if people do not have money, how would they have even owned it? This is a stance that should dissuade or mar the mentality that because a country is deemed to be poor that the citizens can only take. However, in general, crypto doesn't still change this financial discrimination. They aim for dominance and manipulation to cull ownership. What do we know? It's still about that small elite population trying to own even more.



Interested in some more of my works?


People & Assets: A Probable Investment?

Emotions: The Impressions & Expression

War-torned (An Original Poem)

Sunk Cost On Limited Resources & Time

Crypto: An Aspect Into Personal Finance



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My name is @Josediccus, a young Nigerian entrepreneur who is a Vlogger, A Psychologist, Poet, Sports Writer/Analyst & Personal Finance Coach. I'm using my contents as a process to create shared meaning as well as create expressions through which people on/off hive can relate. I believe content is a process to be enjoyed and relished and I'm up for any collaborations in my field stated above. Cheers


@Josediccus, your brother-in-pen & heart


I'm hoping to reach more people who are broken at heart and spirit, so share on any platform or reblog


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30 comments
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What do we do to change this world perception of us? It's disheartening. 😔

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This is what I actually don't know but the truth is, i've recently had to go through such an experience, with someone thinking I deserve less in life to actually thrive.

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Who? We have to knock him hard on the head 😏😩😒

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Funny thing is, it happened here, it was probably the first time I realised I was Nigerian before I even knew I was human.

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(Edited)

Really? Right here on Hive? Do you have comment or post link? I would love to see the conversation

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I would just prefer to let it slide because It's a conversation I wouldn't like for it to be dug up. It's totally appalling

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If you say so, I'll let it pass. I hope you are okay?

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The lovely thing is that maybe crypto can help make a better system. A more reliable way of currency. Resilient to corruption and theft. Its all just a bit complicated. Things in the U.S arent so peachy lately. All we can do is keep rockin. Keep up the hard work man, thanks for your support too.

!LUV dat !PIZZA

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Resilient to corruption and theft.

But might still be prone to maniplulation due to the human factor involved. Anyways there can never be a flawless system.
Thanks for the comment too, its always my pleasure.

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I am still a bit confused about why you said it is unsustainable for someone to move in and live. I know there may be some external factors and I do think milkers aren't great for that economy. However I tend to just think that people would just take the money but I could be wrong.

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The whole post concept was targeted at enlightenment. People are supposed to be milkers because they're in a system that is not productive to some certain extent. It's unsustainble because the system aimed at sustenability is non-functional.

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I would have to agree. Even the government is trying to make people be milkers by giving up so much federal aid. In a way it wants people to be dependent on the system in the US.

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Well said. What are you going to do when China comes to pack Nigerian citizen to do labor in China to pay Nigeria’s debts?

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I believe it shouldn't get to this, but knowing how brutal the chinese can be, hahahaha.

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Loooool Joe Chi my friend. Abi na Joe Li you want

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Why would someone think 100$ will make you a king in Nigeria, that's not true. Seriously financial discrimination is something that has been happening for a very long time even in hive.

I will always respect people like you for working hard and doing things differently. Bitcoin and community like hive will a different in the nearest future

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Yeah, I don't think it's something that will stop happening and not even crypto can change this. This is generally because of the human factor that's actually involved. It's a shame to know that a lot of people still synonymise Nigeria and other places with poverty.

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Recently someone said on hive that for a $100 monthly a Nigerian can actually live like a "king".

That is about as insulting as assuming that because I live in a rich country 100$ would be pocket money for me.

I agree that the world needs to change their perception on Africa in general, but I think Africa needs to check their perception of the developed countries, just the same.

I am ashamed how uneducated and ignorant I was until I met some Nigerians on Hive and saw their photos and read their stories. I really thought you were all living in mud huts, struggling to find food.
I think you would be as surprised to find out how hard I have to work to pay my bills and make a living, too, though.

Hive and the internet in general are a great tool to clear up these misconceptions on both ends.

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Hive and the internet in general are a great tool to clear up these misconceptions on both ends.

Even on hive generally, so many people still holds these perceptions even if they've dealt with people from Africa and had the opportunity to actually hold a different optinion or perspective. Like I said, most of the government are guilty of presenting Africa in this light and sincerly I totally think it's racist to individually think so as well.
100$ is not as pocket money in some places in African as it can be to you, but then, this doesn't mean it's capable of financially setting one free, someone actually expressed this notion recently and sincerly I felt it was the most condescending thing I have ever heard in my life.

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There is no such thing as racism.

There are some ignorant people everywhere, that's all.

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It is totally wrong to have the impression that $100 a month would make a Nigerian a King. There are more than 100 active Nigerians on Hive that the person can ask how Nigeria is. Anyway, you are right with all of these and it seems we can't solve the problem. Nigeria probably need a messiah.

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Apart from the fact that it's wrong, its a racist derigatory remark that so many people subconsciously hold which shouldn't really be synonymous to the 21st century

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Sadly I don't think this perception would be changing anytime soon because a lot of people are profiting from it and it is more "sellable".

Been watching TikTok videos where people ask if Africans have water and it is very appalling to me but I can't dwell on it.

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Been watching TikTok videos where people ask if Africans have water and it is very appalling to me but I can't dwell on it.

It's totally crazy, let's even give them the benefit of a doubt, what of the people that already know this and yet still choose to be condescending towards us?

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(Edited)

I don't want to use the R-word but it totally screams that all the time and if it's not that it's stupidity.

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I love this Enlightenment, especially on the mindset matter.

We need to change the mindset that people living in supposed third world countries are poor, suffering and can't live about a certain standard. It's alarming when we paint the wrong impression, especially on social media platforms all in the name of seeking greener pastures. I believe any place can be ones greener pasture if he puts his mind to work, identify problems in our immediate environment and be a problem solver.

The issues most third world countries face can be traced to the unequal distribution of resources due to the lack of working structures, bad governance caused by greed and many other factors. If these factors can be properly dealt with, life would be easy and the economy will boom.

Thanks a lot for this enlightening write-up. Much love😍

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I am sure you know that posts like these will go a long way to educate people. Yes in certain countries certain things may be cheaper than they are in a region that is considered wealthy.
You are right this type of ignorance and discrimination is not only mean but actually hateful and causes more separation.
We all share this planet together I can't wait for the masses to actually realize what is bad for one part of the planet is bad for the whole planet :-)

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A person working in Lagos typically earns around 351,000 NGN per month. Salaries range from 88,800 NGN (lowest average) to 1,570,000 NGN (highest average, actual maximum salary is higher).

I will take average, 351,000 Naira okay?

That is about $855.

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This is your earning last 30 days :)

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$2792.

https://hivestats.io/@josediccus

Last month, you have earned more than 3X the average person earn in Lagos.

Actually, I said, that you shoud live like a king :)

I never said $100 monthly. I am glad you are doing good, but please don't play the 'poverty' card. Just FYI, I have been to Lagos many times, even lived in Lekki and VI :)

Please don't bullshit me :)

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Of course sir, you know everything who am I to argue 😅😅😅😅

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