1/ On Making It
Are we GMI? Are we NGMI? Are we WAGMI? What does Making It mean?
I present below the 6529 GMI Framework (tm, all rights reserved, (c) 2021, 😂)
Frameworks are just a tool. None are 'right'. This is just how I think about it.
Are we GMI? Are we NGMI? Are we WAGMI? What does Making It mean?
I present below the 6529 GMI Framework (tm, all rights reserved, (c) 2021, 😂)
Frameworks are just a tool. None are 'right'. This is just how I think about it.
2/ Level 1: Crushed by Circumstances
Refugees in Syria. Drought in Eritrea. Civil War in Congo.
Unfortunately billions of our co-travelers in life don't even have the faintest opportunity to make it, due to circumstances outside their control, namely where they were born
Refugees in Syria. Drought in Eritrea. Civil War in Congo.
Unfortunately billions of our co-travelers in life don't even have the faintest opportunity to make it, due to circumstances outside their control, namely where they were born
3/ Level 1 presents an existential problem for 6529.
Thousands of little kids will die today as we play with JPGs because they don't have access to a $0.50 pill, bringing endless agony to their parents and cutting their dreams short.
Thousands of little kids will die today as we play with JPGs because they don't have access to a $0.50 pill, bringing endless agony to their parents and cutting their dreams short.
4/ Level 1 in many cases is a coordination problem.
Literally everyone on planet earth would skip having a soda today for a glass of water to save a kid's life, but the systems are not in place to deliver this (yet).
Right now, society has not fixed this.
Literally everyone on planet earth would skip having a soda today for a glass of water to save a kid's life, but the systems are not in place to deliver this (yet).
Right now, society has not fixed this.
5/ Basically nobody at Level 1 is reading these tweets.
I have no solutions to Level 1. I hope human progress will reduce the scope of Level 1 every year.
Key point: If you are reading this tweet, you most likely have already Made It past Level 1. 🙏🙏🙏
I have no solutions to Level 1. I hope human progress will reduce the scope of Level 1 every year.
Key point: If you are reading this tweet, you most likely have already Made It past Level 1. 🙏🙏🙏
6/ Level 2: The Struggle is Real
This is the level where day-to-day, financial problems are a hassle. You work 2 jobs. You don't have any savings. You worry about a medical emergency.
Your car breaks down, it could cause a cascading crisis of problems bc no $ to fix it.
This is the level where day-to-day, financial problems are a hassle. You work 2 jobs. You don't have any savings. You worry about a medical emergency.
Your car breaks down, it could cause a cascading crisis of problems bc no $ to fix it.
7/ If you are in Level 2 and you are in good health, you should do everything possible to get out of Level 2.
Work overtime. Take another job. Push harder now, because the life benefits of getting to Level 3 are huge.
Work overtime. Take another job. Push harder now, because the life benefits of getting to Level 3 are huge.
8/ When money issues are front and center in your daily life, they are a huge tax on your happiness and on your effectiveness.
Unlike L1, I know many people in L2 and many of us have been there early in life.
*If* you can escape, do everything possible to do so
Unlike L1, I know many people in L2 and many of us have been there early in life.
*If* you can escape, do everything possible to do so
9/ Practical advice. I think some people here in NFT land are in Level 2
Here I do have financial advice.
If you are in Level 2 and you have a bid on your NFT that will move you up to Level 3, absolutely take the bid and no regrets.
The life benefits of L3 v L2 are huge
Here I do have financial advice.
If you are in Level 2 and you have a bid on your NFT that will move you up to Level 3, absolutely take the bid and no regrets.
The life benefits of L3 v L2 are huge
10/ Level 3 - "Middle Class"
In the United States, everyone likes to think they are middle class (both "poor" and "rich" are vaguely embarrassing terms).
So families with $50K income in Ohio and $500K in San Fran both say "we are middle class" +/-
In the United States, everyone likes to think they are middle class (both "poor" and "rich" are vaguely embarrassing terms).
So families with $50K income in Ohio and $500K in San Fran both say "we are middle class" +/-
11/ Despite the fact that the range is broad (and even broader if you look globally), the "middle class" experience is definable.
You have a house. You have a car. You have some savings. You worry about getting the kids to college (but you will get them in and through)
You have a house. You have a car. You have some savings. You worry about getting the kids to college (but you will get them in and through)
12/ 6529 has spend most of his life in the "middle class" as defined above
It is a GREAT HAPPY PLACE to be.
If you are at Level 3, enjoy it!
You have already Made It by historical and global standards to the top 1% of anyone who ever lived.
It is a GREAT HAPPY PLACE to be.
If you are at Level 3, enjoy it!
You have already Made It by historical and global standards to the top 1% of anyone who ever lived.
13/ Level 4: We Like Nice Things
This starts at the upper end of the middle class and goes all the way to the uber-rich because it is a state of mind, not a specific income level.
Basic life issues are sorted. Now we "enjoy" things.
You have definitely Made It
This starts at the upper end of the middle class and goes all the way to the uber-rich because it is a state of mind, not a specific income level.
Basic life issues are sorted. Now we "enjoy" things.
You have definitely Made It
14/ Depending on your income level, the thing you might enjoy is "a nice trip to paris" or "a house on the lake" or "a house in Aspen" or "a private jet"
This is the vast and endless consumerist playground.
However much you earn, you can spend it all if you like.
This is the vast and endless consumerist playground.
However much you earn, you can spend it all if you like.
15/ If you are in Level 4, congratulations again.
You have definitely Made It.
You are in like the 0.1% or 0.01% or 0.0001% "Made It" status of anyone who has ever lived.
But...
But.....
But........
You have definitely Made It.
You are in like the 0.1% or 0.01% or 0.0001% "Made It" status of anyone who has ever lived.
But...
But.....
But........
16/ But what?
My experience suggest that the relationship between happiness in Level 3 and more happiness in Level 4 is tenuous at best, may not exist and may be negatively correlated.
Consumer delights are great, 6529 enjoys, but they do not fill the soul with joy over time
My experience suggest that the relationship between happiness in Level 3 and more happiness in Level 4 is tenuous at best, may not exist and may be negatively correlated.
Consumer delights are great, 6529 enjoys, but they do not fill the soul with joy over time
17/ 6529 has met many many many rich people who have a lot of money and their life is much closer to "mo money, mo problems" than some type of super-paradise.
L3 is much better than L2 which is inconceivably better than L1.
L4 is tricky. Carries many traps.
L3 is much better than L2 which is inconceivably better than L1.
L4 is tricky. Carries many traps.
18/ Many of you out there are going to make it into Level 4 from NFTs or from crypto.
Congratulations!
Do the practical stuff first. Pay down debt, save for retirement, fund the college account, pay your taxes.
Lock in the transition from L3 in case it all goes to 0.
Congratulations!
Do the practical stuff first. Pay down debt, save for retirement, fund the college account, pay your taxes.
Lock in the transition from L3 in case it all goes to 0.
19/ Oh there is still money left? Super!
Go to Paris.
Rent the boat (never, ever, ever ever buy the boat)
Upgrade to business class
Check out how Level 4 lives.
And then be honest with yourself. Are you happier? What brought you joy? The stuff, the experiences? What?
Go to Paris.
Rent the boat (never, ever, ever ever buy the boat)
Upgrade to business class
Check out how Level 4 lives.
And then be honest with yourself. Are you happier? What brought you joy? The stuff, the experiences? What?
20/ Level 5: Post Consumption / Self-Actualization
Very few people make it to Level 5. Many people tap out at Level 4, even multi-billionaires.
The trap of earning and spending and earning is very seductive and there is always another dream to chase.
Very few people make it to Level 5. Many people tap out at Level 4, even multi-billionaires.
The trap of earning and spending and earning is very seductive and there is always another dream to chase.
21/ What is Level 5 about?
Your consumption needs are met. The level at which they are met is irrelevant.
For some it is a small house and truck in Wyoming.
For someone else, it is an apartment in Mayfair and a Maybach.
Your consumption needs are met. The level at which they are met is irrelevant.
For some it is a small house and truck in Wyoming.
For someone else, it is an apartment in Mayfair and a Maybach.
22/ We make no judgements about what the consumption is, just that it is met.
You no longer long for things, or, more precisely, you long only for the things and experiences that you can easily afford to buy.
What now? Do you quit? Retire? Play golf all day.
You no longer long for things, or, more precisely, you long only for the things and experiences that you can easily afford to buy.
What now? Do you quit? Retire? Play golf all day.
23/ Maybe, if golf is what self-actualizes you, if the dedication and challenge of mastering golf lifts you to your highest version of yourself, then by all means your Level 5 is "play golf"
But often, Level 5 means something else
But often, Level 5 means something else
24/ Level 5 usually means competing for some abstract goal, usually but not always, a goal that is bigger than you.
You are in it not to make money per se (though you might money) but "for the love of the game"
This is of course another dopamine trap like everything else
You are in it not to make money per se (though you might money) but "for the love of the game"
This is of course another dopamine trap like everything else
25/ But this is the best dopamine trap.
Some of the happiest, or most satisfied, people in the world are in Level 5.
It does not mean it is easy. You may be working harder in Level 5 than at any prior level.
But you are working for intrinsic goods, not extrinsic goods
Some of the happiest, or most satisfied, people in the world are in Level 5.
It does not mean it is easy. You may be working harder in Level 5 than at any prior level.
But you are working for intrinsic goods, not extrinsic goods
26/ Intrinsic goods are the best goods in the world.
They never go out of style, they never break, they never disappoint you. They are what make most people the happiest if they can Make It to this stage
They never go out of style, they never break, they never disappoint you. They are what make most people the happiest if they can Make It to this stage
27/ Very few people Make It to Level 5 and it is not hugely correlated with income.
There are multi-billionaires fully stuck in Level 4 and people with the consumer spending of Level 3 who are absolutely in Level 5.
Level 5 is not about income. It is about your ♥️
There are multi-billionaires fully stuck in Level 4 and people with the consumer spending of Level 3 who are absolutely in Level 5.
Level 5 is not about income. It is about your ♥️
28/ So to conclude
L1: We hurt for you and hope some day we can help
L2: Hustle, if you can (it is really hard)
L3: Enjoy. This might be the best place for most.
L4: Also Enjoy. But be careful. Traps everywhere.
L5: ♥️
L1: We hurt for you and hope some day we can help
L2: Hustle, if you can (it is really hard)
L3: Enjoy. This might be the best place for most.
L4: Also Enjoy. But be careful. Traps everywhere.
L5: ♥️
29/ Lets do our best and WAGMI together
♥️🙏♥️🙏♥️
♥️🙏♥️🙏♥️
30/ Q - what level is 6529?
I bounce btw L4 & L5, based on how much I worry about the world & what nice things I see on instagram on any given day.
Spent almost all my life in L3. LOVED IT.
My fam had brief L1/L2 moments, but was too young to notice.
I feel blessed 🙏
I bounce btw L4 & L5, based on how much I worry about the world & what nice things I see on instagram on any given day.
Spent almost all my life in L3. LOVED IT.
My fam had brief L1/L2 moments, but was too young to notice.
I feel blessed 🙏
31/ OK, going to wrap this thread here. If you would like more deep thoughts about the metaverse, they are here:
https://twitter.com/punk6529/status/1429399888786333697
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