Persuit of wonder: Life is fleeting, we all die in a moment, nothing matters. Also Persuit of wonder: Keep your hair. Pour money over your head to save your pricey follicles.
@@PursuitofWonder hey pursuit. it's a good video I love your videos and I enjoy the times you remind me of my mortality really make me re evaluate my life❤️
I tried living without money, I got down to $3,000 a year. I lived in a van, I ate little, no TV or internet. I loved it! I found it interesting how often police would tell me to “move along” and realized there is no freedom unless you have things, property and can pay others.
When I was younger, I was driving the interstate and grew tired. I decided to stop at an official rest stop to get a nap. I was awakened by a trooper who told me that I needed to go find a hotel and sleep there. I was young at the time and didnt think too much about it. Cant remember if I ended up staying a bit more then going, or simply departed (i know i didnt get a hotel room like he suggested). Now that im older, im saying to myself....why on earth would a cop tell people to "move along" from a place literally labeled rest area where people are resting ?
Having things, property, and being able to pay people, basically having money, is indicative of the value you provide to society. So, typically, people that do provide value to society don't want others who aren't providing value to be taking up space and resources around them.
A lot of my outlook in life derives from Taoism. Money is seen by the Tao as a great lake, hosting water for all forms of life. The mouse might be satisfied with just a thimble of water, while a moose needs to drink a couple of gallons, but no animal can ever hope to drain the lake, _and to try to do so is as foolish as drowning from thirst._
@@SamWilkinsonn Consider that if we believe in it, work and live for it then we also empower those who would see it all as theirs. We are the system that allows them to lead us and we are those who drive the cycle. Fingers point 360 degrees. Rarely do they point inward. 💛
@@humanbeing4995 Spoken like someone with zero understanding of economics but has watched an hour documentary about the financial system and believes they're now a seasoned veteran
@@SamWilkinsonn Actually they teach economics in school, you know? However, this does not resemble what we were taught. Never ending artificial inflation isn't a thing until laws get changed to make it possible. That takes a governing body. Who votes each person in that body? Who has the option to say we don't want them to serve us. Who ends up voting people in who choose to line their pockets and claim to lead us rather than serve? We were once told about a bridge not to jump off because everyone else is. I guess when we grew up in line, going over the railing was a no brainier. Your statement is spoken like other people are thoughtless bots, they aren't. They just aren't used to thinking for themselves.
Omg this! imo, happiness is a choice. Joy, happens to us - these are those moments that we have come to equate to 'happiness'. I'm happy, not because of what I have, but because I am content and at peace with who I am in the world I am in. Things, stuff, material wellbeing, those are fleeting and temporal.
I think the part of this video that resonated the most for me was spending money on things of intrinsic value (what you personally value) versus things of extrinsic value (what society values). Where I once lived, many people were focused on spending money on things of extrinsic value (designer clothes, BMWs/Mercedes, huge houses, remodeling their homes so everything was new inside). They wanted other people to like them or be impressed with their possessions. I never cared about that. I would rather spend my time doing things I want to do, so I plan to retire early. Not super early, but I didn't go into debt to buy things of extrinsic value early in life, so I saved for retirement instead. Hopefully the plan pays off - I look forward to spending my time doing things I want to do. I don't want to work at a job I hate for years and years just to own things of extrinsic value that don't make me happy anyway.
The value of money means less and less every day, the actual cost of living hurts so many just trying to get by or literally can’t because of ridiculous high end quotas and housing programs being cut and defunded makes it impossible to qualify. For those who aren’t fortunate enough to have inheritance or a family to help suppport them when they become adults get screwed and taken advantage of 😔 great video again guys, money brings happiness but it also drives people mad being stuck without jobs or have degrees but no one to hire, people lose their sense of purpose just trying to live
Isn't it funny how since 2020, the people who were already wealthy enough to support their entire bloodline for at least a thousand years were the ones who profited immensely while the rest of us got even more poor than we already were. These last 4 years has seen one of the most dramatic transfer of wealth in history, making the gap insurmountably huge. Honestly, most rich people aren't to blame, they are just savvy business people who take advantage of certain opportunities, some of those opportunities indirectly negatively affects a lot of people at the bottom of the pyramid. Most of those rich people aren't actively trying to fuck over everyone else, they are just doing their job, which is making money. We think they are just pure evil, sitting behind a desk with a menacing smile, rubbing their hands as they fervently think of ways to make poor people's lives worse. That just happens in the movies, and most of us have no reference over what they really do behind closed doors, but I'm pretty sure they have better things to do with their time that isn't just being an asshole. It isn't their fault that the system they live in encourages them to make decisions that fuck us over because sometimes that's how money is made. And I'm pretty sure most people would choose to take $50 million even if it negatively affects a minor group of people halfway across the world that you don't even know.
This is why I am a communist but I don't know if it can be achieved in the future. Why must we pay for rent, healthcare and education if we are contributing to a society? Those are basic needs that everyone should have a right to. This is a ridiculous system that we are trapped in. Capitalism has achieved many great things but it's flawed and had failed many. Something needs to change that can benefit us all and not just those at the top.
@@barnacleboi2595yeah many rich and wealthy businessmen are probably just innocent good people that play this game without really knowing that they are trapped in a capitalistic system feeding it.
So real. I’m literally one of those hurt people who almost can’t get by because of high cost of living, no job and how people make living ridiculously hard
As a house painter I made it to the top in my company. $28 an hour, gas and health insurance. Wasn't enough, I was dead inside for 4 years. 50 hour weeks and an hour drive there and an hour back. I started my own thing, dictating my own life/work schedual and having freedom to see my family and build up other Christians brothers and sisters. It's the most freeing thing I've done in my life yet, and the happiness and motivation just to see the next day is back. I'm happy again, healthy and working out. It's amazing what doing what you actually want can do.
Imma be 30 and I enjoy painting been at it for 4 yrs. I hope I can get to what u was makin. I think I would be able to manage a maintainable lifestyle then
Having been in poverty for a sustained period of time (luckily not homeless though), and now being able to afford little pleasures I wholeheartedly feel that money DOES buy happiness. Just not in the way media portrays it, but if we think that money CAN get us better education, health, and living spaces, then heck yes money can buy happiness, or at least get us closer to it. That being said, I wish humanity had a different value system where we didn't need money... but that's a subject for another discussion
Humans naturally want resources and power. Regardless of whether money exists or not human nature does not change. Money is a tool that makes civilized society on a mass scale even possible.
For you to live a life with descent comfort you need other people's work, be it a farmer, a home builder, a technician at a powerplant, an engineer at a water supply. For them to live they also need other people to do the same for them. Money proved through the test of time that it allows this exchange of work. From this view, money is a way to store work. The more money you have, the more work you can expect other people to do for you. If you want work from other, you need to provide work as well. And if you want to work less then you need to expect less from other. 2 ways to achieve this are abandonning the consumerist way of life, and learning to do things yourself instead of having someone else do it.
I'm 18 right now, and I feel like I did the best thing at this very moment to watch this insightful video of yours. Thank you for all the effort that you put into these videos. All of your videos are valuable in their own ways. I appreciate your channel more than most channels in YT. Hope you gain more attention and to always improve your work over time.
I am glad you have found this channel at this age, the earlier better 😊 I also recommend Dr K (HealthyGamerGG) for general life advice if you were looking for some! I have found this channel around that age too..
@@logicake hey I turned 18 last month exactly at 19/2 my life valu7are better and I learn stoics all the 22 Marcus aurelius rules and 48 rules for powe
I was 18 way back in 2009. I started trying to make money any way I could but in a way that would he fun and in which I didn't have a boss, nothing big or difficult, mostly buying things from garage sales and reselling on craigslist or ebay, by the time I was 24 I had saved up 65k in cash. After that I got a real career for a boss and actually started down the "correct" path, working 10 hours for a boss then 9 hours, paying taxes, paying tolls, paying, paying, paying. At 33 making more money than I could have imagined I would trade it all away for the freedom of my 18-24 year old days of doing whatever I want, but I can't go back now because wife, kids, and medical and dental bills, as you get old your body needs money to keep it from falling apart, it doesn't heal as easily. And my job right now as anoying as it is to go to I can't imagine not having it because I know unemployed ex-classmates my age who are litterally living in the street and are miserable. Despite being full time I only work 15 days a month, and finally after all these years I have enough money to buy my dream home, two houses on 20 acres of land in rural PA where I can grow crops and rent one of the houses for an income without having to go to work as much anymore. If I can get the houses and land I can retire from working by maybe 35 or 40 at latest - then I will be free to do whatever I want whenever I want to.
Personally my approach is to work hard until you reach a point where you can be considered relatively comfortable (not living paycheck to paycheck), and then slow down and dedicate time to the things that make you happy. I also am mindful though to make sure I dedicate time in the present to physical and mental development, and relationships. This is just my approach, I hope everyone in the comment sections finds what they are looking for.
It might work. However the problem is that hard work contrary to popular belief does not always lead to more money (at least not enough to ever be truly comfortable) and depending on what sort of work you do it can be absolutely detrimental to your physical health and peace of mind.
I'd recommend giving Exurb1a's 'And then we'll be okay' video out, it gives a perspective on some issues this mindset might cause if you spend your time promising yourself it will be better in the future. Although you mention you spend time on physical and mental development, and relationships; so you're caring for yourself and hopefully finding happiness in the present too.
Not happiness. This is such an error. One wants and needs freedom from pain. Happiness is fleeting and is accompanied shortly after by its opposite, sadness. Equilibrium is where it is at, and is the best way to stay free of pain.
Before bartering, there is labour and that's where the value in money comes from. We don't even barter with everyone one. Like, our family. Sure, we do chores, help around or be good but I wouldn't call that bartering. That's just being a responsible person. That was how people lived as communities in the past. Even, when money was starting to be more widespreadly used, people still used it as a currency for how much labour you give back to society. My parents always told me when I was young that working hard either physically or mentally makes us wealthy. But, today it seems like some people get money for free while hard working people struggle to find jobs to even work.
I strongly disagree with this sentiment and believe it is highly historically inaccurate. Most people who work the hardest have never really made it to wealth and realistically never will. This goes back long long in time. The richest people always had people working hard FOR them. Think kings, queens, rulers, religious leaders, pharisees, chiefs......On the other end of that spectrum think slaves, servants, soldiers, wage workers... What group do you think works the HARDEST? Society seems to have been rigged for a while. The sentiment would be more valid if most people were given the same chance from birth. As you know that is far from the case at a location, genetic, opportunity..... level.
You're right, money above all is supposed to represent the value of labor. Hence, the problem with modern monetary theory. If you can create money at will then you destroy the value.
Lets not forget about the rates in which people obtain money. It took me working 3 jobs and over 60/hrs a week to make 75k a year. I felt a good sense worth and accomplishment when I saw the numbers at the end of the year. I also felt strange that other people made the same and worked far less. It was hard to accept the fact that it's not about hard work but the value society places on your time is a result of how much money you make. I want to be more valuable so that I can work less but still make the same.
..... and the people who do the most valuable work for society and who we cannot do without ie., street cleaners, sewage workers, shelf stackers, janitors earn the worst money and also of course get looked down on.
Those who earn more, probably studied or trained for years and need certifications or licenses or permits to do their jobs. Doctors, airline pilots, pharmacists, for example. Starting you own business helps, as well as, earning passive income from investments.
It's basic economics - supply and demand. There is a market out there where businesses look for people with certain skills (demand) and workers who are willing to sell their for a wage (supply). If there's a greater supply of people applying for certain jobs, the lower the pay the business can afford to pay. Not too many people capable of being or even willing to be a brain surgeon, or CEO. Many are capable or willing however to be retail workers, cleaners etc. Thus follows the pay disparity.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.
Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor.
I stopped trying to predict market outcomes based on chart studying after 5 years of uncertainty. Not having a mentor caused me 5 years of pain. I learned to follow the market's direction and keep it simple with discipline.
I won't pretend to know everything, though. Her name is Melissa Rose Francks but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.
I’ve known that money won’t make me happy, so instead of looking at it as a tool for happiness, I threat it like a game or competition, so that way I can challenge myself to make/earn more, which in return provides happiness.
Just finished the video, glad I got back to watching your channel. Your videos are so well made and love that you back everything up with research and examples that you dumb down for people like me.
I like to earn money so i can pay taxes on what i earn, then when i spend money i like to pay taxes, and when i save money i like it to be taxed via inflation. If i invest money i like to pay tax on it. I work so that i can give my productivity to the government. Bitcoin is worthless because it has no intrinsic value. At least with my money i can pay taxes, lose purchasing power with inflation, and have it seized by banks or governments.
Your video truly helped me realize the significance of money; we often chase after money but forget its true meaning. I hope you'll release more videos, and I'll support you.
@@Molotov_Milkshakeor unless your going on youtube to learn about something specific. But in this case you’re right most people know about money beforehand.
If there is no money without people, aren't people more important? Consider the only place money exists or has value is in the brain of a hairless bipedal ape descendant. It's not real like physics or chemistry or even the fiction we write. Look around you. Look at the homeless on the street and the state of the environment. And for what? All the convenience and security an abstraction of an illusion can provide? I hope in the future we can look back and see this as foolish as we think of those who thought demons lived in the blood.
Since I majored in psychology, with stuff like this which are very abstract concepts to measure psychologist usually go through a specific process to develop a scale We start with a theoretical definition based on a theory that has been proposed, we also define aspects of the variable if it's multidimensional or not if it's unidimensional We then move on to the operational definition, which in psychology is behaviour that can be more easily observed and measured. From that you break down the aspects into indicators which in essence is the observable behaviour that indicates the trait being present. And from that you make the items for the scale, go through several validity and reliability checks, revise the items and make the scale Or yknow skip all of that and just find a previously established happiness scale
This does not seem like a lesson that I can learn by listening to once. I'll need to contemplate and revisit this. I appreciate it, doing so gives my mind rest and allows my solitude to thrive.
The insights shared in this video about the psychology of money are fascinating. Understanding our relationship with money can really change how we approach saving and investing. Thanks for exploring such an important topic!
Money is just a meter that shows how high you are relative to others in pyramid of society. Without comparing yourself there would be no happiness, thus happiness of rich based on suffering of poor.
Nope, money represents labor. In order to live, you have to either produce all the things you need to live or produce something of value to someone else that you can trade for.
Counterintuitive to Epicureanism, do the opposite. Instead of trying to minimize the lows and optimize the highs. Face it. Confront life’s dark spots with courage and overcome them. And when good times come, enjoy them but be willing to strive towards adversity at any occasion. Why? Why not just be ‘happy?’ This is happiness. The relief of the pain is so great that life feels brighter. So the real question is, what are you too afraid or unwilling to do? Then, just do it.
@@arpitkumar4525 And this leads me to the second point of this philosophy: The layers of pain. It's actually irrational to put someone in an environment beyond their comfort level of growth, because they won't grow; they'll die. So, you must only attempt to endure what is reasonably within your limit of bravery and physical capabilities. I wouldn't ask you to jump in a lion's cage unless you've been acquainted to a similar experience many times; like handling tigers. With these two points, you can overcome nearly anything with enough prep time: 1. Face and Overcome your fears & pains. 2. Stretch yourself just before failure. The only pragmatic refutation to these two axioms is cowardice. (In which case, none of this applies to you.) Nice comment.
thank you for this video...as someone who gets always stressed out around the topic of money, it helped me to understand a healthy relation we can have with money....
Money first and foremost is an expression of TRUST. It is also the inevitable invention in any society that reaches a certain level of complexity; moving past it becomes nearly impossible if you don't "come up" with money as the means to exchange/interact. Money is also by its very nature the thing that gives power, influence and priority to those who have it. This must be true, by definition.
Has anyone seen the American documentary "I Am (2010)" by director Tom Shadyac? The film asks the question: "What is wrong with the world, and what can we do about it?" War is about comforts of the body & greed is destroying the world.
Trust was and still is credit currency as long as you reliably provide the future labor in return for the favor. When you don't, credit currency is no longer available to you. That's how credit works.
I have never been a money person. I respect it for what it is and used for, but nothing more than that. I value time, moments, family, and nature above all else. None of those require money.
Money is just a transactional tool, or social contract , we had to invent after humanity grew exponentially. This would be analogous to “what is the pack hierarchy order for?” In a pack of wolves. They don’t need it to live per se, but it allows them to live in bigger social groups more efficiently.
Yeah, it's a false premise: all pleasureable things/pursuits are "good". 🤦♂️ A PED0fyle would perhaps put forth his/her deviant appetite is "good"... but normal people of normal morality would strongly disagree. Jumping off from a false premise to make a case is, bluntly : *DUMB*
"It isn't until you are on a desert island with all the dollar bills you can count that you realize you cannot eat money. Do not confuse the symbol of wealth for wealth... It is like confusing the menu for the dinner. -Alan Watts
I believe one very important idea was not discussed in this video. In almost all cases, in order to acquire money someone else will not receive it. Large accumulations of wealth require, to some degree, suffering from an individual or group. There will always be a moral dilemma. The question will always be present, how can you sleep at night knowing people are starving, suffering, and dying, so you can have some stupid luxury thing. As an American I know I'm guilty of this to some degree, but I chose to try to take only enough to make my life work.
No, you trading your labor for money is not taking anything from a third party. If a third party needs something they cannot trade their labor for, you are free to provide it to them. What you're describing are situations where people cannot provide enough labor of value to live. This is what we have a social safety net for. We collectively contribute a portion of our labor to support them. You are also free to contribute additional labor on your own. We also have organizations that solicit labor from people to provide support for the indigent.
Understanding the multifaceted nature of money is crucial for personal and financial growth. It's not just about what we have, but how we choose to prioritize and allocate our resources that truly defines our path to success. 💰
To say that money is illusory is interesting. Perhaps symbolic would be more accurate. It’s an invented vehicle for the reality of humanity’s need to ascribe value.
Illusion has many meanings. One of which is a false idea or belief, which I believe is maybe what he was getting at. Different people ascribe different ideas and beliefs to money therefore creating a false perception of what it truly is.
Money is not the problem. Greed is the real problem. Its causes the less fortunate to suffer. Most just want a simple life. Unfortunately greed causes affordable things to become unaffordable. That sums up most of societies problems.
The question should not be whether money continues to make some happy no matter how much more they get. This seems to be true of most things addicts enjoy - drugs, gambling, etc. The question is whether your happiness spreads beyond your own id. With most addictions, not only is the addict destroyed but so is everyone around them as well.
for those who dont know, the money bill with the beard guy in the beggining of the video was a brazillian president and that was an "older" money used in Brazil. By the time, the "official" name of Brazil was something like "United States of Brazil", now it's Federative Republic of Brazil.
@1:00 There was NO barter before money, at least there's no evidence for it. It's only known to be used when money was in short supply. Before, we had a Gift Economy instead. Barter was considered way less practical by peasants at the time. We're not supposed to know that though ;)
Type of money matters too. The harder the money to create, the better. That's just one aspect of what makes Bitcoin so great. There are only 21 million bitcoin (2.1 quadtrillion satoshis).
This can't be said enough! I wish he had mentioned the hardness of money when he was talking about it being a store of value. Bitcoin will change the game. Best money out there! And it will 100% give you more "time" which is even more valuable.
Money coming from barter is an outdated and mostly debunked theory. It’s now more generally accepted among researchers the theory that money comes from prehistoric systems of debt. See “Debt: the first 5000 years” by David Graeber.
Is it really possible that no one still (after thousands and thousands of years) has even attempted to conduct a study on viable alternatives to the world’s revolving around money? This was a well thought out video, but after watching it, all the talk about money and happiness, I’m constantly amazed when people understand that the barter system existed before the world revolved around money but cannot bring themselves to contemplate, or even acknowledge the possibility of an alternative other than money or barter to maximize human happiness.
With money, can a reckless, irresponsible, unwise fool have billions of dollars/power/influence? What kind of impact does that have on overall human happiness?
That was pretty good. I would have liked to hear an exploration, or mention, of the dichotomy between the human nature of greed and the lesson taught by the benefits of having a large society. But overall, pretty good.
No it’s not. It’s just a tool like a hammer or screw driver. In the hands of an evil person a hammer could be used to bash someone’s brains in. But the true purpose is to build useful things like a house or a table. Money is no different.
@@YOUARESOFT. Says the libertarian. Yeah, hyper commodify everything that makes society work e.g., health care, food wholesomeness, housing and education, and watch chaos ensue. Besides I am far left of liberal. More like conservative communist.
The law of diminishing returns applies to a persons level of happiness. The reason why wealthy people are often happier is because they like the game, they like to compete, and they like to win. Most people play the game with the fantasy of achieving happiness, and in the end, they feel unfulfilled.
Very good video but here a tiny myth.. Bartering didn’t exist before money, in fact that’s the exact opposite because this system of exchange is created after the establishment of a currency and money itself. In the history of humanity, money came in multiple shapes, quickly followed by credits and borrowing, then at specific moments used beside bartering. Today you can see this situation in greece 🇬🇷 or Lebanon 🇱🇧 . This is a common myth and indeed is counterintuitive like the creation of the lighter before matches but that’s the reality money existed before bartering and this give another powerful confirmation to all your arguments in this video. Thanks 🙏 ❤
The fact that people can die on any given day and choose to work 40-90 hours a week is mind boggling. Unless you support an entire family on your own it’s just not worth it.
It is a myth that bartering was used before money existed - see David Graebers in depth analysis in his book about debt. Dept or credit is a much more accurate definition of money.
There are too many comforts & necessities that only money can provide for me so I try to think positively by comparing to now vs when we were hunter & gatherers. Back then and now you give your time & capabilities for food & shelter but the difference is that the risk is so much lower and more of your comforts can be accommodated now than back then. Sometimes I feel like I’m being worked to the bone but weren’t we in the same predicament back when our only great feat was creating fire? Aren’t we so much more privileged now than back then and so maybe it’s not so bad or at least not so much as back then. No matter what if you want to live somewhere safe that is in good condition & has clean water, have enough food, and be able to secure you and your family’s health then you must work. The great thing about now too is that for the most part you can choose where and how you can earn that money to do all those things.
Gold had increased close to 1000% since the year 2000. The dollar has inflated almost 70% since 2000. You tell me which is a better store of wealth. @@oskarfjortoft
@lazymass nothing wrong with putting some money in crypto. But it's more like gambling. Precious metals are tangible wealth. There is no third party risk. It's in your hands.
Very thoughtful video... however, I would add that money can fund avenues of "happiness" beyond security, time and vanity projects. OK, maybe these are vanity projects, but pursuing creativity, whether others recognize them as uniquely creative or not, doesn't even require much money but is usually better when we have better tools to work with (such as musical instruments). But one could write a book, assuming they have the necessary skills, a cheap computer and printer, and maybe can hire a proof-reader. And then building a legacy of something potentially valuable to leave behind is incredibly satisfactory, particularly if we can leave it in the hands of someone we trust, someone who also shares its potential value. Such a legacy can take many forms, but like money, it's the sharing that gives it any value at all, and may be illusory if few others agree to that value. They say you can't take it with you. And yet if no one values your legacy, then you WILL take it with you.
This is why for years I believe money is a tool and not the determining factor for happiness. It’s also a skill, however some people are better at it than others. Some people got lucky with being dumped an incredible amount of cash one day and others worked hard for it. Some got born into rich families, learnt the best way to make money and got support from their family. Others got the opposite. And with the cost of living only worsening, it’s become more evident not all of us are meant to be rich and some if not most may never reach that level of financial success. That is just reality, but hey what do I know? I’m just a random guy on the internet.
As always, thank you very much for watching.
And thank you to Keeps for sponsoring this video. Head to keeps.com/pursuitofwonder to get their offer.
Persuit of wonder:
Life is fleeting, we all die in a moment, nothing matters.
Also Persuit of wonder: Keep your hair. Pour money over your head to save your pricey follicles.
Per PF🎸, "Monêy? It's a gas!"
ie., . . .
🌉🚙🚴♂️🚢🌍🐝💨🍯, or
🛒📊🧰👨💼🦯🦮💨🤐😶🌫️!
The music is superfluous, distracting and inappropriate. Shame : ) The content might have been interesting
.
@@TheIgdrasil1 😂😂 agree alot
@@PursuitofWonder hey pursuit. it's a good video I love your videos and I enjoy the times you remind me of my mortality really make me re evaluate my life❤️
I tried living without money, I got down to $3,000 a year. I lived in a van, I ate little, no TV or internet. I loved it! I found it interesting how often police would tell me to “move along” and realized there is no freedom unless you have things, property and can pay others.
Love this lifestyle it’s freeing
When I was younger, I was driving the interstate and grew tired. I decided to stop at an official rest stop to get a nap. I was awakened by a trooper who told me that I needed to go find a hotel and sleep there.
I was young at the time and didnt think too much about it. Cant remember if I ended up staying a bit more then going, or simply departed (i know i didnt get a hotel room like he suggested).
Now that im older, im saying to myself....why on earth would a cop tell people to "move along" from a place literally labeled rest area where people are resting ?
If you're not spending money on a hotel room you're wasting the economy by being alive. Now move along please sir.@@Gizziiusa
@Gizziiusa Follow the money. They can't charge you for a hotel room plus tax, if you sleep in your car. 😂
Having things, property, and being able to pay people, basically having money, is indicative of the value you provide to society. So, typically, people that do provide value to society don't want others who aren't providing value to be taking up space and resources around them.
A lot of my outlook in life derives from Taoism. Money is seen by the Tao as a great lake, hosting water for all forms of life. The mouse might be satisfied with just a thimble of water, while a moose needs to drink a couple of gallons, but no animal can ever hope to drain the lake, _and to try to do so is as foolish as drowning from thirst._
The top 3 wealthiest people in America own half of the wealth of the whole country, so they're giving it a good shot!
@@SamWilkinsonn Consider that if we believe in it, work and live for it then we also empower those who would see it all as theirs. We are the system that allows them to lead us and we are those who drive the cycle. Fingers point 360 degrees. Rarely do they point inward. 💛
@@humanbeing4995 Spoken like someone with zero understanding of economics but has watched an hour documentary about the financial system and believes they're now a seasoned veteran
@@SamWilkinsonn Actually they teach economics in school, you know? However, this does not resemble what we were taught. Never ending artificial inflation isn't a thing until laws get changed to make it possible. That takes a governing body. Who votes each person in that body? Who has the option to say we don't want them to serve us. Who ends up voting people in who choose to line their pockets and claim to lead us rather than serve?
We were once told about a bridge not to jump off because everyone else is. I guess when we grew up in line, going over the railing was a no brainier. Your statement is spoken like other people are thoughtless bots, they aren't. They just aren't used to thinking for themselves.
I was actually talking about you lmao. Your most recent comment doesn't change my sentiment either
Top of the food chain and yet we pay to live on a planet...
it baffled me that with all our advancement, we still cant secure basic necessity for humanity
Bcz we are out of sync with nature and imposed our artificial rules on our natural ways of life .
Humanity enslaves humanity.
to live is to go back to nature, it's free in the jungle however human weren't meant to live in a city where foods isn't earned through hunting
Because we peasants are not the top of the food chain. Bankers are. They own us by making us use their product: money.
if you have enough money for food, shelter and transportation you are blessed. if more people realized this, there stress levels would come down.
I thought food and shelter were a human right though? why should we have to pay someone else to access them?
Omg this!
imo, happiness is a choice.
Joy, happens to us - these are those moments that we have come to equate to 'happiness'.
I'm happy, not because of what I have, but because I am content and at peace with who I am in the world I am in.
Things, stuff, material wellbeing, those are fleeting and temporal.
@@seanmckelvey6618they were never a right but should be
Nothing blessed about any of that, you don't know jack shit
Why would you think that?
I think the part of this video that resonated the most for me was spending money on things of intrinsic value (what you personally value) versus things of extrinsic value (what society values). Where I once lived, many people were focused on spending money on things of extrinsic value (designer clothes, BMWs/Mercedes, huge houses, remodeling their homes so everything was new inside). They wanted other people to like them or be impressed with their possessions. I never cared about that. I would rather spend my time doing things I want to do, so I plan to retire early. Not super early, but I didn't go into debt to buy things of extrinsic value early in life, so I saved for retirement instead. Hopefully the plan pays off - I look forward to spending my time doing things I want to do. I don't want to work at a job I hate for years and years just to own things of extrinsic value that don't make me happy anyway.
The value of money means less and less every day, the actual cost of living hurts so many just trying to get by or literally can’t because of ridiculous high end quotas and housing programs being cut and defunded makes it impossible to qualify. For those who aren’t fortunate enough to have inheritance or a family to help suppport them when they become adults get screwed and taken advantage of 😔 great video again guys, money brings happiness but it also drives people mad being stuck without jobs or have degrees but no one to hire, people lose their sense of purpose just trying to live
Isn't it funny how since 2020, the people who were already wealthy enough to support their entire bloodline for at least a thousand years were the ones who profited immensely while the rest of us got even more poor than we already were. These last 4 years has seen one of the most dramatic transfer of wealth in history, making the gap insurmountably huge. Honestly, most rich people aren't to blame, they are just savvy business people who take advantage of certain opportunities, some of those opportunities indirectly negatively affects a lot of people at the bottom of the pyramid. Most of those rich people aren't actively trying to fuck over everyone else, they are just doing their job, which is making money.
We think they are just pure evil, sitting behind a desk with a menacing smile, rubbing their hands as they fervently think of ways to make poor people's lives worse. That just happens in the movies, and most of us have no reference over what they really do behind closed doors, but I'm pretty sure they have better things to do with their time that isn't just being an asshole. It isn't their fault that the system they live in encourages them to make decisions that fuck us over because sometimes that's how money is made.
And I'm pretty sure most people would choose to take $50 million even if it negatively affects a minor group of people halfway across the world that you don't even know.
The sun shines on all of us, yet most of us live in the shadows of men greater than us
This is why I am a communist but I don't know if it can be achieved in the future. Why must we pay for rent, healthcare and education if we are contributing to a society? Those are basic needs that everyone should have a right to. This is a ridiculous system that we are trapped in. Capitalism has achieved many great things but it's flawed and had failed many. Something needs to change that can benefit us all and not just those at the top.
@@barnacleboi2595yeah many rich and wealthy businessmen are probably just innocent good people that play this game without really knowing that they are trapped in a capitalistic system feeding it.
So real. I’m literally one of those hurt people who almost can’t get by because of high cost of living, no job and how people make living ridiculously hard
Don't you just love deep philosophical video ending with hair loss promotion! What a time to be alive 😢
Spoiler alert
Can't find anyone authentic these days... sad times we live in...
its for the people losing their hair due to trying to live without money. aka the stupid
capitalismmmmmmmmmmmmmmmmm
@@transsexual_computer_faery capitalism is what built the greatest country in the world ,
As a house painter I made it to the top in my company. $28 an hour, gas and health insurance. Wasn't enough, I was dead inside for 4 years. 50 hour weeks and an hour drive there and an hour back. I started my own thing, dictating my own life/work schedual and having freedom to see my family and build up other Christians brothers and sisters. It's the most freeing thing I've done in my life yet, and the happiness and motivation just to see the next day is back. I'm happy again, healthy and working out. It's amazing what doing what you actually want can do.
Nice
28 is the new 18
I'm 40 and run a painting business and I agree. Enjoy
Imma be 30 and I enjoy painting been at it for 4 yrs. I hope I can get to what u was makin. I think I would be able to manage a maintainable lifestyle then
Having been in poverty for a sustained period of time (luckily not homeless though), and now being able to afford little pleasures I wholeheartedly feel that money DOES buy happiness. Just not in the way media portrays it, but if we think that money CAN get us better education, health, and living spaces, then heck yes money can buy happiness, or at least get us closer to it.
That being said, I wish humanity had a different value system where we didn't need money... but that's a subject for another discussion
Humans naturally want resources and power. Regardless of whether money exists or not human nature does not change. Money is a tool that makes civilized society on a mass scale even possible.
Indeed
I hate having to live for an arbitrary piece of paper.
Same
You’d hate the alternative far more
Hate the alternative to enslavement?? You have wrong think..
@@aywitb911 Money isn’t synonymous with enslavement
For you to live a life with descent comfort you need other people's work, be it a farmer, a home builder, a technician at a powerplant, an engineer at a water supply. For them to live they also need other people to do the same for them. Money proved through the test of time that it allows this exchange of work. From this view, money is a way to store work. The more money you have, the more work you can expect other people to do for you. If you want work from other, you need to provide work as well. And if you want to work less then you need to expect less from other. 2 ways to achieve this are abandonning the consumerist way of life, and learning to do things yourself instead of having someone else do it.
I'm 18 right now, and I feel like I did the best thing at this very moment to watch this insightful video of yours.
Thank you for all the effort that you put into these videos. All of your videos are valuable in their own ways. I appreciate your channel more than most channels in YT. Hope you gain more attention and to always improve your work over time.
I am glad you have found this channel at this age, the earlier better 😊 I also recommend Dr K (HealthyGamerGG) for general life advice if you were looking for some! I have found this channel around that age too..
Reject Society’s expectations, Young Friend. Rebuke them
@@logicake hey I turned 18 last month exactly at 19/2 my life valu7are better and I learn stoics all the 22 Marcus aurelius rules and 48 rules for powe
18 club, turned 18 last month and can relate
I was 18 way back in 2009. I started trying to make money any way I could but in a way that would he fun and in which I didn't have a boss, nothing big or difficult, mostly buying things from garage sales and reselling on craigslist or ebay, by the time I was 24 I had saved up 65k in cash. After that I got a real career for a boss and actually started down the "correct" path, working 10 hours for a boss then 9 hours, paying taxes, paying tolls, paying, paying, paying. At 33 making more money than I could have imagined I would trade it all away for the freedom of my 18-24 year old days of doing whatever I want, but I can't go back now because wife, kids, and medical and dental bills, as you get old your body needs money to keep it from falling apart, it doesn't heal as easily. And my job right now as anoying as it is to go to I can't imagine not having it because I know unemployed ex-classmates my age who are litterally living in the street and are miserable. Despite being full time I only work 15 days a month, and finally after all these years I have enough money to buy my dream home, two houses on 20 acres of land in rural PA where I can grow crops and rent one of the houses for an income without having to go to work as much anymore. If I can get the houses and land I can retire from working by maybe 35 or 40 at latest - then I will be free to do whatever I want whenever I want to.
The key to happiness is gratitude.
💯
I think it's human connection. On a deep level. But gratitude doesn't hurt either.
@@nvmffs yep i definitely can't deny that ;) 👍
thats why liberals are always miserable. fact.
Not if you are living on bread and water
Personally my approach is to work hard until you reach a point where you can be considered relatively comfortable (not living paycheck to paycheck), and then slow down and dedicate time to the things that make you happy. I also am mindful though to make sure I dedicate time in the present to physical and mental development, and relationships. This is just my approach, I hope everyone in the comment sections finds what they are looking for.
This is exactly the same mindset I work with now, but unfortunately due to life circumstances, I’m not there yet
Ahh yes, i believe its called dangling the carrot
It might work. However the problem is that hard work contrary to popular belief does not always lead to more money (at least not enough to ever be truly comfortable) and depending on what sort of work you do it can be absolutely detrimental to your physical health and peace of mind.
I'd recommend giving Exurb1a's 'And then we'll be okay' video out, it gives a perspective on some issues this mindset might cause if you spend your time promising yourself it will be better in the future. Although you mention you spend time on physical and mental development, and relationships; so you're caring for yourself and hopefully finding happiness in the present too.
Not happiness. This is such an error. One wants and needs freedom from pain. Happiness is fleeting and is accompanied shortly after by its opposite, sadness. Equilibrium is where it is at, and is the best way to stay free of pain.
Before bartering, there is labour and that's where the value in money comes from. We don't even barter with everyone one. Like, our family. Sure, we do chores, help around or be good but I wouldn't call that bartering. That's just being a responsible person. That was how people lived as communities in the past. Even, when money was starting to be more widespreadly used, people still used it as a currency for how much labour you give back to society. My parents always told me when I was young that working hard either physically or mentally makes us wealthy. But, today it seems like some people get money for free while hard working people struggle to find jobs to even work.
I strongly disagree with this sentiment and believe it is highly historically inaccurate. Most people who work the hardest have never really made it to wealth and realistically never will. This goes back long long in time. The richest people always had people working hard FOR them. Think kings, queens, rulers, religious leaders, pharisees, chiefs......On the other end of that spectrum think slaves, servants, soldiers, wage workers... What group do you think works the HARDEST? Society seems to have been rigged for a while. The sentiment would be more valid if most people were given the same chance from birth. As you know that is far from the case at a location, genetic, opportunity..... level.
You're right, money above all is supposed to represent the value of labor. Hence, the problem with modern monetary theory. If you can create money at will then you destroy the value.
Lets not forget about the rates in which people obtain money. It took me working 3 jobs and over 60/hrs a week to make 75k a year. I felt a good sense worth and accomplishment when I saw the numbers at the end of the year. I also felt strange that other people made the same and worked far less. It was hard to accept the fact that it's not about hard work but the value society places on your time is a result of how much money you make. I want to be more valuable so that I can work less but still make the same.
..... and the people who do the most valuable work for society and who we cannot do without ie., street cleaners, sewage workers, shelf stackers, janitors earn the worst money and also of course get looked down on.
@@ChickpeatheTortietrue, but sadly it's not the matter on how hard or important the work is, but how replaceable some at a certain job is.
Those who earn more, probably studied or trained for years and need certifications or licenses or permits to do their jobs. Doctors, airline pilots, pharmacists, for example. Starting you own business helps, as well as, earning passive income from investments.
Lol I don't work for 3 years and I'm still living good.
It's basic economics - supply and demand. There is a market out there where businesses look for people with certain skills (demand) and workers who are willing to sell their for a wage (supply). If there's a greater supply of people applying for certain jobs, the lower the pay the business can afford to pay. Not too many people capable of being or even willing to be a brain surgeon, or CEO. Many are capable or willing however to be retail workers, cleaners etc. Thus follows the pay disparity.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.
Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor.
I stopped trying to predict market outcomes based on chart studying after 5 years of uncertainty. Not having a mentor caused me 5 years of pain. I learned to follow the market's direction and keep it simple with discipline.
I won't pretend to know everything, though. Her name is Melissa Rose Francks but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.
@@hasede-lg9hj Lol cool bot convo.
0:33 WHAT IS MONEY?
2:17 THE PHILOSOPHY OF MONEY
5:07 MONEY AND HAPPINESS
13:08 WHAT IS INTRINSICALLY VALUABLE?
Thanks a lot dude.
I’ve known that money won’t make me happy, so instead of looking at it as a tool for happiness, I threat it like a game or competition, so that way I can challenge myself to make/earn more, which in return provides happiness.
Just finished the video, glad I got back to watching your channel. Your videos are so well made and love that you back everything up with research and examples that you dumb down for people like me.
I like to earn money so i can pay taxes on what i earn, then when i spend money i like to pay taxes, and when i save money i like it to be taxed via inflation. If i invest money i like to pay tax on it. I work so that i can give my productivity to the government. Bitcoin is worthless because it has no intrinsic value. At least with my money i can pay taxes, lose purchasing power with inflation, and have it seized by banks or governments.
😂😂😂😂
I like your sarcasm 😂 Gov may love you ❤
Boss level of sarcasm 😂🙌
@@mueller7652 📸 this comm gonna make an nft 📉
taxes is literally what makes the system work . quit yer bitching
Your video truly helped me realize the significance of money; we often chase after money but forget its true meaning. I hope you'll release more videos, and I'll support you.
Great explaination, every teenager should from time to time watch it, to understand the basics of our system,
People understand the basics of the system long before they watch a video on youtube. Unless you're a baby being raised on YT, of course lol.
@@Molotov_Milkshakeor unless your going on youtube to learn about something specific. But in this case you’re right most people know about money beforehand.
Money is the carrot on a stick that keeps society running. Along those lines you hear "money makes the world go 'round", which to me just makes sense.
If there is no money without people, aren't people more important? Consider the only place money exists or has value is in the brain of a hairless bipedal ape descendant. It's not real like physics or chemistry or even the fiction we write. Look around you. Look at the homeless on the street and the state of the environment. And for what? All the convenience and security an abstraction of an illusion can provide? I hope in the future we can look back and see this as foolish as we think of those who thought demons lived in the blood.
wrong. what keeps society running are hard workers. mostly republicans.
I just wonder what the advanced measurement was for happiness when it came to having more money. A survey asking people?
Since I majored in psychology, with stuff like this which are very abstract concepts to measure psychologist usually go through a specific process to develop a scale
We start with a theoretical definition based on a theory that has been proposed, we also define aspects of the variable if it's multidimensional or not if it's unidimensional
We then move on to the operational definition, which in psychology is behaviour that can be more easily observed and measured.
From that you break down the aspects into indicators which in essence is the observable behaviour that indicates the trait being present.
And from that you make the items for the scale, go through several validity and reliability checks, revise the items and make the scale
Or yknow skip all of that and just find a previously established happiness scale
I love every single one of your videos man. Thank you all of them
This does not seem like a lesson that I can learn by listening to once. I'll need to contemplate and revisit this. I appreciate it, doing so gives my mind rest and allows my solitude to thrive.
The insights shared in this video about the psychology of money are fascinating. Understanding our relationship with money can really change how we approach saving and investing. Thanks for exploring such an important topic!
Money is just a meter that shows how high you are relative to others in pyramid of society. Without comparing yourself there would be no happiness, thus happiness of rich based on suffering of poor.
Nope, money represents labor. In order to live, you have to either produce all the things you need to live or produce something of value to someone else that you can trade for.
@@kj475 Right, because Musk and Bezos worked as hard as 1 billion people.
Counterintuitive to Epicureanism, do the opposite.
Instead of trying to minimize the lows and optimize the highs. Face it. Confront life’s dark spots with courage and overcome them. And when good times come, enjoy them but be willing to strive towards adversity at any occasion.
Why? Why not just be ‘happy?’
This is happiness. The relief of the pain is so great that life feels brighter. So the real question is, what are you too afraid or unwilling to do? Then, just do it.
I am too afraid to jump in a lion's cage
@@arpitkumar4525 And this leads me to the second point of this philosophy: The layers of pain.
It's actually irrational to put someone in an environment beyond their comfort level of growth, because they won't grow; they'll die.
So, you must only attempt to endure what is reasonably within your limit of bravery and physical capabilities. I wouldn't ask you to jump in a lion's cage unless you've been acquainted to a similar experience many times; like handling tigers.
With these two points, you can overcome nearly anything with enough prep time:
1. Face and Overcome your fears & pains.
2. Stretch yourself just before failure.
The only pragmatic refutation to these two axioms is cowardice. (In which case, none of this applies to you.) Nice comment.
really tied that product placement in there xD
You do SUCH good work !!
Thank you 🙏🏽
I'm gonna make sure I'm a patron
1:02 There is no historical evidence that societies were barter-based before the invention of money.
Came here to say this
thank you for this video...as someone who gets always stressed out around the topic of money, it helped me to understand a healthy relation we can have with money....
everyday my brain has grown thanks to you guys! LOVE YOU! :)
Money first and foremost is an expression of TRUST. It is also the inevitable invention in any society that reaches a certain level of complexity; moving past it becomes nearly impossible if you don't "come up" with money as the means to exchange/interact.
Money is also by its very nature the thing that gives power, influence and priority to those who have it. This must be true, by definition.
Always waiting for a new pursuit of wonder video as I listen to these during work
im watching this at work rn😂
9:00 mind blowing quote
Has anyone seen the American documentary "I Am (2010)" by director Tom Shadyac? The film asks the question: "What is wrong with the world, and what can we do about it?" War is about comforts of the body & greed is destroying the world.
I will have to watch that
Before money there was debt and owing favors ,not barter. Trust was the currency.
Trust was and still is credit currency as long as you reliably provide the future labor in return for the favor. When you don't, credit currency is no longer available to you. That's how credit works.
Bro..i had to pause just to say this intro was fire!
You laid the foundation down flawlessly.
*presses play to continue watching* lol
I have never been a money person. I respect it for what it is and used for, but nothing more than that. I value time, moments, family, and nature above all else. None of those require money.
Excellent. Thank you for sharing your thoughts.
Money is just a transactional tool, or social contract , we had to invent after humanity grew exponentially. This would be analogous to “what is the pack hierarchy order for?” In a pack of wolves. They don’t need it to live per se, but it allows them to live in bigger social groups more efficiently.
This is an amazing video. Thank you.
Great work ❤ wonderfully done!!
A lot of implying by this Epicurus guy that something not being pleasurable is painful and vice versa. Not sure how i feel about that
Yeah, it's a false premise: all pleasureable things/pursuits are "good". 🤦♂️ A PED0fyle would perhaps put forth his/her deviant appetite is "good"... but normal people of normal morality would strongly disagree. Jumping off from a false premise to make a case is, bluntly : *DUMB*
To be fair, I think his actual views were quite a lot more nuanced than implied
That last line on the death-bed gave me a punch.
Very well made, friend.
"It isn't until you are on a desert island with all the dollar bills you can count that you realize you cannot eat money.
Do not confuse the symbol of wealth for wealth... It is like confusing the menu for the dinner.
-Alan Watts
I believe one very important idea was not discussed in this video. In almost all cases, in order to acquire money someone else will not receive it. Large accumulations of wealth require, to some degree, suffering from an individual or group. There will always be a moral dilemma. The question will always be present, how can you sleep at night knowing people are starving, suffering, and dying, so you can have some stupid luxury thing. As an American I know I'm guilty of this to some degree, but I chose to try to take only enough to make my life work.
No, you trading your labor for money is not taking anything from a third party. If a third party needs something they cannot trade their labor for, you are free to provide it to them. What you're describing are situations where people cannot provide enough labor of value to live. This is what we have a social safety net for. We collectively contribute a portion of our labor to support them. You are also free to contribute additional labor on your own. We also have organizations that solicit labor from people to provide support for the indigent.
Understanding the multifaceted nature of money is crucial for personal and financial growth. It's not just about what we have, but how we choose to prioritize and allocate our resources that truly defines our path to success. 💰
To say that money is illusory is interesting. Perhaps symbolic would be more accurate. It’s an invented vehicle for the reality of humanity’s need to ascribe value.
Illusion has many meanings. One of which is a false idea or belief, which I believe is maybe what he was getting at. Different people ascribe different ideas and beliefs to money therefore creating a false perception of what it truly is.
the only value money holds is within our minds
4:00 Time = Money = Time
5:00 Happiness and money 7:50
10:00 Static pleasure
11:10 *Hedonic adaptation*
13:55 Use money to gain control of your time
Money is not the problem. Greed is the real problem. Its causes the less fortunate to suffer. Most just want a simple life. Unfortunately greed causes affordable things to become unaffordable. That sums up most of societies problems.
supply and demand is what is ruining everything. case closed
What a jewelry for life this video!
No one has a right to sell the world for private gain.
No one should have that right. They do tho
There is a more powerful illusion than this. Nature is what we lost and destroyed 👉The Connections (2021) [short documentary] 🙏
i bet you have no idea what you are talking about. go ahead explain give it a shot ill wait
The question should not be whether money continues to make some happy no matter how much more they get. This seems to be true of most things addicts enjoy - drugs, gambling, etc. The question is whether your happiness spreads beyond your own id. With most addictions, not only is the addict destroyed but so is everyone around them as well.
Bold considering this video is introduced with a sponsor 😭
Dead on accurate 👏🏽
"You criticize society, yet you live in society. Strange."
for those who dont know, the money bill with the beard guy in the beggining of the video was a brazillian president and that was an "older" money used in Brazil. By the time, the "official" name of Brazil was something like "United States of Brazil", now it's Federative Republic of Brazil.
It is what it is
most pathetic saying there is today... do better.
Excellent presentation!
God, I'll never be happy.
Be careful with how you speak and what you say. People who believe they can win and people who believe they will never win are both right.
And with that realization you may find something of greater value, contentment. All the best
God: And I have just the thing for you
Peter, open Gate nº1 ...
This is a memorable experience itself for free!
$ only contributes to hapiness for as long as we all believe we need $$$. a world without $$$ is very likely happier than one in which $$$ is needed
We don’t have enough resources for that YET
dumbest comment on the internet
This is a truly exceptional video!
@1:00 There was NO barter before money, at least there's no evidence for it. It's only known to be used when money was in short supply. Before, we had a Gift Economy instead. Barter was considered way less practical by peasants at the time. We're not supposed to know that though ;)
The "double-condition-of-want" theory of money is a myth and not shown to have actually occurred anywhere.
Type of money matters too. The harder the money to create, the better. That's just one aspect of what makes Bitcoin so great. There are only 21 million bitcoin (2.1 quadtrillion satoshis).
This can't be said enough! I wish he had mentioned the hardness of money when he was talking about it being a store of value. Bitcoin will change the game. Best money out there! And it will 100% give you more "time" which is even more valuable.
"Money is like oxygen. When you have none, it solves every problem. When you have plenty, it solves none of your problems." - Mark Manson
That is actually a good analogy.
I've been thinking about this for years. Good video.
Wish I had more of this illusion.
"I wish people would lie more, to me ". 😐
You are very good at what you do. Thank you.
Money coming from barter is an outdated and mostly debunked theory. It’s now more generally accepted among researchers the theory that money comes from prehistoric systems of debt. See “Debt: the first 5000 years” by David Graeber.
this is the best video on the entire internet no bs
Money, all money across time and everywhere, is the reification of evil.
No it’s not.
Yes it is.
greed not money
Money isnt evil its actually a clever system, but i think we can all agree that government issued currency is a bit twisted
dumbest comment ive read today
Is it really possible that no one still (after thousands and thousands of years) has even attempted to conduct a study on viable alternatives to the world’s revolving around money? This was a well thought out video, but after watching it, all the talk about money and happiness, I’m constantly amazed when people understand that the barter system existed before the world revolved around money but cannot bring themselves to contemplate, or even acknowledge the possibility of an alternative other than money or barter to maximize human happiness.
With money, can a reckless, irresponsible, unwise fool have billions of dollars/power/influence? What kind of impact does that have on overall human happiness?
Money was invented for a simple reason, because humans have infinite wants in a limited planet.
Thank you for this awesome video.🙏
Money is basically everyone agreeing to the same mass delusion
That was pretty good.
I would have liked to hear an exploration, or mention, of the dichotomy between the human nature of greed and the lesson taught by the benefits of having a large society.
But overall, pretty good.
Money is a punishment tool.
No it’s not. It’s just a tool like a hammer or screw driver. In the hands of an evil person a hammer could be used to bash someone’s brains in. But the true purpose is to build useful things like a house or a table. Money is no different.
@@tomw485 I reckon you ain't wrong.
says the clueless liberal.
@@YOUARESOFT. Says the libertarian.
Yeah, hyper commodify everything that makes society work e.g., health care, food wholesomeness, housing and education, and watch chaos ensue.
Besides I am far left of liberal. More like conservative communist.
@@YOUARESOFT. I am not clueless nor liberal.
The law of diminishing returns applies to a persons level of happiness. The reason why wealthy people are often happier is because they like the game, they like to compete, and they like to win. Most people play the game with the fantasy of achieving happiness, and in the end, they feel unfulfilled.
Now we all have to pretend money is real to survive... Absurd
Absolutely
not absurd, but rather amazing
Literally what I teach high schoolers
Very good video but here a tiny myth.. Bartering didn’t exist before money, in fact that’s the exact opposite because this system of exchange is created after the establishment of a currency and money itself. In the history of humanity, money came in multiple shapes, quickly followed by credits and borrowing, then at specific moments used beside bartering. Today you can see this situation in greece 🇬🇷 or Lebanon 🇱🇧 . This is a common myth and indeed is counterintuitive like the creation of the lighter before matches but that’s the reality money existed before bartering and this give another powerful confirmation to all your arguments in this video. Thanks 🙏 ❤
Very Nicely explained. appreciate it.
Most of us are slaves to money & there’s nothing we can do about it
who cares. its a fantastic deal
The fact that people can die on any given day and choose to work 40-90 hours a week is mind boggling. Unless you support an entire family on your own it’s just not worth it.
andrewism says barter ain't true: gift economy, fool!
It is a myth that bartering was used before money existed - see David Graebers in depth analysis in his book about debt. Dept or credit is a much more accurate definition of money.
Money is the root of all evil
Well humans introduce money.... So aren't we the root of money...?
Jas sayin
There are too many comforts & necessities that only money can provide for me so I try to think positively by comparing to now vs when we were hunter & gatherers. Back then and now you give your time & capabilities for food & shelter but the difference is that the risk is so much lower and more of your comforts can be accommodated now than back then.
Sometimes I feel like I’m being worked to the bone but weren’t we in the same predicament back when our only great feat was creating fire? Aren’t we so much more privileged now than back then and so maybe it’s not so bad or at least not so much as back then. No matter what if you want to live somewhere safe that is in good condition & has clean water, have enough food, and be able to secure you and your family’s health then you must work. The great thing about now too is that for the most part you can choose where and how you can earn that money to do all those things.
Turn your fake fiat money in to real money. Gold and silver.
They're still only valuable if everyone considers em valuable. If I'm hungry, I'm not going to trade for shiney rocks. You do you man
And bitcoin... I mean... Why not some part of capital into crypto... It works and it is limited supply...
Gold had increased close to 1000% since the year 2000. The dollar has inflated almost 70% since 2000. You tell me which is a better store of wealth. @@oskarfjortoft
@@russellpeffer7736well yeah, if you're living paycheck to paycheck
@lazymass nothing wrong with putting some money in crypto. But it's more like gambling. Precious metals are tangible wealth. There is no third party risk. It's in your hands.
Very well laid out.... Mad respect
What a brilliant piece
The experience vs possession argument/assertion was interesting in this. If not done so already, I recommend reading “Non-things” by Byung-Chul Han. 🙂
Very thoughtful video... however, I would add that money can fund avenues of "happiness" beyond security, time and vanity projects. OK, maybe these are vanity projects, but pursuing creativity, whether others recognize them as uniquely creative or not, doesn't even require much money but is usually better when we have better tools to work with (such as musical instruments). But one could write a book, assuming they have the necessary skills, a cheap computer and printer, and maybe can hire a proof-reader. And then building a legacy of something potentially valuable to leave behind is incredibly satisfactory, particularly if we can leave it in the hands of someone we trust, someone who also shares its potential value. Such a legacy can take many forms, but like money, it's the sharing that gives it any value at all, and may be illusory if few others agree to that value. They say you can't take it with you. And yet if no one values your legacy, then you WILL take it with you.
Dang, great content. This is what we've been talking about at home.
This is why for years I believe money is a tool and not the determining factor for happiness. It’s also a skill, however some people are better at it than others.
Some people got lucky with being dumped an incredible amount of cash one day and others worked hard for it. Some got born into rich families, learnt the best way to make money and got support from their family. Others got the opposite. And with the cost of living only worsening, it’s become more evident not all of us are meant to be rich and some if not most may never reach that level of financial success. That is just reality, but hey what do I know? I’m just a random guy on the internet.
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