Thoughts on Cryptocurrency

The important piece of advice in the thread is You’re not going to get rich renting out your time. You must own equity – a piece of a business – to gain your financial freedom.

You can own other businesses (private or public stock) or you can create your own business, but either way, you ne...

Social science does kind of lead you down the road to ignorance because it is about social. And anything social is about groupthink and group behavior and individuals can search for truth but groups search for consensus. The last place you’re going to find truth is in large group.

The natur...

Life is filled with games: Get good grades game, Get a good job game, Get a good partner game.

These games are multiplayer and you’re competing with other people 

There are also single-player games such as meditation

If there’s a game you’re winning at, but it’s making you miser...

Crypto stablecoins are cryptocurrencies that attempt to peg their market value to some external reference (like the US dollar).

There are 3 main risks with crypto stablecoins:

• Fraud risk: It’s said that each stablecoin is backed by a hard currency but there’s a chance that isn’t ...

• The Almanack of Naval Ravikant complied by Eric Jorgenson
• “Surely You’re Joking, Mr. Feynman”: by Richard P. Feynman
• “What Do You Care What Other People Think?” by Richard P. Feynman
• The Way to Love by Anthony de Mello
• Awareness by Anthony de Mello
• Sid...

Meditation had the biggest impact on Naval to reduce anxiety. Meditation for him is sitting there with yourself and letting your mind run crazy and then seeing what’s actually in your mind that your mind wants to tell you and having you listen to and resolve what is unresolved.

It should ca...

3 Things that help

1. Reading philosophy - Some of Naval’s favorite philosophers: Arthur Schopenhauer, Osho, Kapil Gupta, Anthony de Mello
2. Being aware of your thoughts- Where is this coming from? Who is thi...