Tuesday, 24 November 2020

Increasing your wealth is a game of finding asymmetry in the universe

The wealthiest people in the world have something you & I don't. An asymmetric ownership of something that everyone wants. This manifests in various forms: Real Estate, Equity, Art, Partnerships or good ol' strong-arming with political co-operation. But when they talk about it with us, they translate their wealth into a language designed to keep the truth hidden: Fiat valuations.

So, for example, you will never hear: I have 10,000 stocks of Google purchased and HODLed since 2001. Instead you'll hear I have $10 million dollars net worth.

Or for example if you are more impressed with hearing "I have $20 million dollars in my bank" vs "I own 0.02% of Amazon"

So sheeple have been designed to think that they need to find more fiat. Work, work, work. Slave, slave, slave. Wealth is just around the corner.

Hence you are always thinking about the salary you make, the fiat unit savings you have, and this is why you buy shitcoins or trade away actually valuable assets, or go to Vegas, because the goal is to increase the amount of fiat you have.

But fiat is a shitty form of wealth. None of the wealthy store wealth in fiat.

If you think in terms of fiat you are stuck in the matrix, the illusion that you need more of it.

Escaping this illusion requires you to twist your world into seeing what people will want more of in the future and transforming your fiat into that asset. There lies the asymmetric advantage

submitted by /u/heptagon_h
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