1 min read

It's ok to get paid

Crypto gets a lot of flack for the emphasis on investing/trading and generally making people rich. We talked about this on yesterday's podcast. It's fashionable to criticize people for their wealth. Especially when perhaps they didn't "earn" it. There's also a lot of people in the world who don't have much of anything. So, we jump to the conclusion that it's unethical for anyone to have so much money.

Some people get lucky. If you bought bitcoin in 2009, maybe you're brilliant and saw the future, but there's definitely an element of luck that made you wealthy in the following decade. Did you do any actual work for that wealth? What value did you add to humanity?

You can make various arguments for and against wealth through investing. That's not my point here. My point is that wealth isn't unethical. It's what you do with it that matters.

If you make it big in crypto and then spend the rest of your life driving Bugattis and partying on yachts, there's no fulfillment in that. You'll have fun, sure. But you can't honestly look at that as having lived a good life.

Focus on the impact you have on the world. Use your wealth to improve the lives of others. Help spread decentralization to the masses.

And yeah, enjoy driving your classic Ferrari while you're at it.

More tomorrow,

-Luke

P.S. Don't think about retiring from working a day job. Think about what you're retiring to.