Value System
What is the point? What does it take to feel maximally fulfilled?
Wouldn't it be more valuable to track a value flow statement than a cash flow statement?
Things of Value | Category | Drive | Ledger | Consensus |
---|---|---|---|---|
Life | Intangible | |||
Wisdom | Intangible | |||
Trusted Connections | Intangible | 0/5 | 0/5 | |
Time and Attention | Intangible | 0/5 | 0/5 | |
Goodwill | Intangible | |||
Truth | Tangible | 0/5 | 0/5 | |
Real Estate | Tangible | |||
Data | Intangible | 0/5 | 0/5 | |
Human Senses | Intangible | 0/5 | 0/5 | |
Power | Intangible | 0/5 | 0/5 | |
Compute Power | Intangible | 0/5 | 0/5 | |
Capacity | Intangible | 0/5 | 0/5 | |
Intellectual Property (systems) | Intangible | 0/5 | 0/5 | |
Raw Intelligence | Tangible | 0/5 | 0/5 | |
Privacy | Essential | 0/5 | 0/5 | |
Speed | Tangible | 0/5 | 0/5 | |
Money | Financial | |||
Digital Art | Intangible | 0/5 | 0/5 | |
Simplicity | ? | |||
Trust | ? | |||
Utility | ? | |||
Security | Intangible | |||
Brands | Intangible | |||
Bonds | Financial | |||
Treasuries | Financial | |||
Derivatives | Financial | |||
Commodities | Financial | |||
Equities | Financial | |||
Physical Art | Tangible | |||
Real Estate | Tangible | |||
Scarcity | Tangible | |||
Status | Character | |||
Respect | Character | |||
Honesty | Character | |||
Integrity | Character |
There is no such thing as artificial wisdom
Meta
- Exchange of Value
- Type: Type of value/asset, can it be objectively quantified?
- Drive: Motivation to change state
- Ledger: Balance (Subjective / Objective)
Success
What is the meaning of success?
Happiness/success is forward momentum?
Money is a weak proxy for things of real value, much less for success
Modelling Value
How do you recognise value your book?
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Use qualitative analysis to gain insights for driving experimentation, and quantitative analysis to test hypotheses and identify statistical relationships.
- Qualitative methods include interviews and observations, while quantitative methods include surveys and experiments.
- Qualitative values describe attributes, while quantitative values measure amounts.
Qualitative
- Describe qualities or characteristics
- Non-numerical data
- Expressed in words or categories
- Subjective and interpretive
Examples: colors, textures, opinions, emotions
Quantitative
- Represent quantities or amounts
- Numerical data
- Expressed as numbers or measurements
- Objective and measurable
Examples: height, weight, temperature, counts
Context
- Diagrams: Chart Flow of Value
- Business: Coordination on intent to meet customer needs and demands
- Investing: The most important skill everyone needs to learn
- Money: Tokenized potential energy
- Perspective: Walk in someone else's shoes
- Progress: Spend time in a state of flow
- Tokenization: How the world will work