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August 31, 2021

Crypto: Where the Art and Science of Logic and Creativity Rule

By Jon Libby
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Sorry logicians, but creativity has been the most sought-after skill for three years in a row, according to LinkedIn research. Creativity, after all, is believed to unlock fresh strategies, business directions, and innovation.

“Connecting dots – that are seemingly unrelated – to generate original, useful solutions is an incredibly valuable skill in every employee, regardless of what industry or country you’re doing business in,” writes LinkedIn.

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Collaboration, persuasion, and emotional intelligence – which collectively demonstrate how well you work with others and bring new ideas to the table – also topped LinkedIn’s list of in-demand skills.

In traditional finance, an assumption persists about how the real world works. But so many people who work in that industry are just flat-out wrong about the real world. The reality is that many people believe the world works in a certain way, when it actually works in an entirely different way. The possibilities of what can be done in, say, traditional finance can be rather rigid and limited.

In order for organizations to evolve and grow, limits must be tested. Beyond the rigmarole, both logic and creativity need to work in harmony with each other. That goes for both work and life.

It’s just as Albert Einstein said,

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“Logic will get you from A to B. Imagination will take you everywhere.”

That’s not all he said about creativity, either.

“Imagination is more important than knowledge. Knowledge is limited. Imagination encircles the world.”

Balancing logic and creativity is what crypto is all about. The industry has been doing it since its inception in 2008. Indeed, Satoshi balanced logic and creativity wonderfully. Crypto begins with logic. And then the creative side is all about taking this technology to its limits. Striking a balance between creativity and logic is essential as we develop and build blockchain technology out.

There can be no doubt: creative thinking and logical thinking must co-exist. You need them both when working on innovative solutions for life, work, and the world. When you deploy logic, you’re relying on reasoning and analytical abilities. You want to understand cause and effect. Creativity, on the other hand, involves innovation, emotion and chance in the discovery of new solutions. Logical skills are often seen as adhering to established patterns and rules, while creativity is seen as breaking established patterns.

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Too much logic, getting bogged down in the details, can surely stifle creativity. When the two are deployed in tandem, however, you might go about uncovering cause and effect creatively, while also being more open to new ideas at first. In order to keep the creative juices flowing, consume art, books, etc.

Both logic and creativity are essential for any project in the space looking to be successful. Be logical. But make sure your logic is creative. If you do that, it will be easier for you to find your place in the blockchain space. If you perfectly blend logic and creativity, especially in the decentralized finance (DeFi) community, that system will thrive.

Creative thinkers and logical thinkers have more in common than we generally think. They work together to build the future. Creative insight is like having a bird’s-eye view. The analytical approach focuses on detailed signs, analyzing whether we should turn left or right as we walk along the sidewalk. The ability to see the big picture, the bird’s-eye view, sparks creative insights.

Excessive analytical thinking about information or ideas – including obsessing over endless details – can bog down the mind and get us lost at street level amidst it all. But flying at 30,000 feet looking down below doesn’t exactly give us the perspective we need to make final decisions. Balancing information and ideas by limiting considerations to the parameters of critical information can keep you from overthinking things.

Decision-making matrices may also prove helpful for many successful executives. Physical activities can spur you to think creatively, just as they did for the Greek scholar Archimedes when he reportedly realized that he displaced water as he stepped into a leisurely bath. Who knows? You might have your own “eureka” moment like he did.


Between enjoying memes and researching the global opportunities crypto has to offer, Steady State CEO Jon Libby is actively building a new standard for DeFi insurance.

 
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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