Value System
Happiness is realizing the potential to make meaningful progress.
If you wish to help people make meaningful progress you need to see life from their perspective to understand what drives them forward.
Learn to recognize what you truly value
Related
Principles
- Respect
- Honesty
- Integrity
Assets
What are most valuable assets you can possess? What makes those assets valuable?
- Fundamentals
- Intangibles
- Tangible
- Crypto
What has value is a matter of context and perspective.
Some assets might suit multiple classifications depending on the specific context and intended purpose of the asset.
Fundamentals
On a level playing field the difference is Teamwork and Goodwill that comes from practising better habits.
- Identity (Intents and Purpose while balancing Privacy and Transparency)
- Time and Energy
- Truth and Trust
- Culture and Connections
- Speed
Intangible
- Culture and Teamwork
- Customer Relationships
- Credentials and Reputation
- Brand recognition
- Memes
- Data compilation methodologies
- Data transformation processes
- Cultivated datasets for AI training
- AI-ready data structures
Trade Secrets
- Proprietary formulas and recipes
- Customer lists and data
- Business Strategies and Plans
- Optimized Business Systems
- Production workflows (Increase quality with minimum cost and no adverse side-effects)
- Cost-effective operational procedures
- Customized software tools and integrations
- Employee training and knowledge management systems
Intellectual property
- Patents
- Trademarks
- Copyrights
Digital assets
- Websites
- Social Media Accounts
Franchise agreements
Licenses and permits
Tangible
What are the most valuable tangible assets to own in the DePIN age?
- Trade Secrets Data
- Current Assets
- Fixed Assets
- Commodities
Crypto
Why does Crypto Matter?
It opens up new ways to create, interface and own existing ideas of what has value.
From Memetic Energy to Open Ownership Crypto incentives are critical to align intentions between man and machine to engineer a better future.
Evolution is built upon broadly replicable standards, smart contracts provide standard instruments for more complex processes. The verifiable web using standards build platforms of digital and physical infrastructure.
Your reputation will be onchain like it or not
Modelling Value
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
Consensus
Consensus on value emerges from a complex interplay of shared social understandings, practical considerations, emotional resonance, and collective decision-making processes, all situated within specific cultural and historical contexts. It's a dynamic process that involves both individual perceptions and broader social agreements.
- Shared beliefs and norms: Value consensus refers to the extent to which individuals within a social structure share the same values and beliefs about what is important or worthwhile. This shared understanding forms the basis for agreement on value.
- Social integration and cohesion: Value consensus helps maintain social integration by providing a common framework for individuals to understand their roles, responsibilities, and expectations within a society. This shared foundation facilitates agreement on what has value.
- Socialization and cultural transmission: The process of socialization, where individuals learn the values and norms of their society, plays a crucial role in developing consensus on value. As values are passed down through generations and across social groups, it reinforces agreement.
- Functionality and practical benefits: The perceived functionality or practical benefits of something contribute to its perceived value. When there is widespread agreement on the usefulness or effectiveness of something, it's more likely to be valued by consensus.
- Emotional and sensory impact: The emotional associations, both conscious and unconscious, as well as the sensory experience of something (how it looks, feels, sounds, etc.) influence its perceived value. Shared positive experiences can lead to consensus.
- Price and economic factors: The perceived price-value relationship of something affects how it is valued. If there is general agreement that the price is justified by the benefits, it can contribute to consensus on value.
- Cooperative decision-making processes: Consensus decision-making approaches, which involve inclusive participation and addressing all concerns, can lead to shared understanding and agreement on value.
- Social and cultural context: The broader social and cultural context shapes what is considered valuable. Different societies may have different value consensuses based on their unique histories, traditions, and social structures.
- Power dynamics and social institutions: The distribution of power within a society and the influence of social institutions can shape value consensus, though this aspect is sometimes critiqued for potentially maintaining existing power structures.
- Adaptability and evolution: Consensus of value is not static but evolves over time as societies change and new ideas emerge. The ability of a concept of value to adapt to changing circumstances contributes to maintaining consensus.
Leverage
Raise capital to leverage intelligence by investing in assets and projects that will pay more than the cost repayments.
- Cost of Capital / Capital Efficiency
- Technology + Protocols
- Labour
Minimum effort for maximum benefit without negative (second-order) side-effects
Wealth
What does it mean to be wealthy?
- I wish I hadn't worked so hard
- I wish I had stayed in touch with my friends
- I wish I had let myself be happier
- I wish I had the courage to express my true self
- I wish I had lived a life true to my dreams
What would you give to be 10 years younger right now?
Links
What is the most important question you can ask yourself to make meaningful progress?