Hiranyaksha symbolises greed due to wealth while Hiranyakashipu symbolises greed due to desires.
The first vice that is born in a person is greed followed by other bad qualities.
Greed is the father of sins.
So how can we come out of this greed? What is the solution?
The answer is to perform they Yagya of sacrifice and surrender. This Yagya is the decentralisation of wealth.
Everyone wants nice things for themselves including love, respect, and truth. Lies towards oneself is unacceptable by all people, yet we lie to others.
The simple truth is that we should treat others how we want to be treated. This is Dharma.