on the one hand , it's the classic fuck you boomer mentality, on the other hand, there is a logic to making sure your kids don't end up like Gofry from Game of Thrones.

in the case of 50c and shaq, they came from the hood and ended up multi-millionaires, that's a crazy jump, must be weird for them being raised one way, and then rasing ultra wealthy kids.

that being said, i read a statistic that 70% of wealthy families will lose their wealth by the second generation and 90% will lose it by the third, so who knows

A child can become alienated in a life of luxury and not understand the complexities of life. I applaud Shaq for this initiative!

I remember this 😂

Yes he makes sure his kids work for it except his girls that are his princesses something like that I remember

Work in progress. Enjoy the journey

When I was a kid Shaq was coming into the spotlight. I recall that his step-father was a military man and was very tough. Seems like he understands the value of that kind of love.

I challenge anyone to say that it is much harder to take something for granted that you worked for. That was hard. I know that I take many things for granted because they are not hard (no proof of work). I even lose my gratitude at times on things I did work hard for. Its a human condition we have to fight if we care about ourselves and our decedents.

Our culture (me included) is very self-centered. We act as if the world owes us all something. It doesn't. Life can be hard. Its what you make of it. Life isn't fair. So what. What are you gonna do about it? Make the best of it. Appreciate what you have. Don't expect a hand out. Don't expect respect. Earn it.

None of us started at the same spot. I had many things my father never did. I didn't earn them. He did. He made me work when I wanted to be lazy. He made mistakes but I can't focus on his mistakes. I need to focus on being the best I can be and guiding the young men God entrusted me with. In the end though, its up to them.

I know I've made mistakes. I'm human. We all do. I don't have Shaq's wealth and never will regardless of bitcoin but the principle he is demonstrating applies to all of us. Do what is best for you kids. Not what is nice or they want. You don't have to be cruel and you shouldn't be. But at this point in my life I'm glad my dad was tough on me. It made me stronger. When I look around I think we are soft in general as a people. I think I'm softer than I should be. I just had an easier life. And yet, I know many people that would look at my life and say they had it easier. That's just how it is.

Being a parent is often a complex job. Knowing how to give our children an example of an integral human being and knowing what to do, say, and make decisions is not easy.

Shaq's words might be harsh but I think he's correct. I also feel like if some situation occurred with one of his kids health-wise he would change his standing but for able-bodied young people, I think that a certain level of expectation like this is a really good thing. After all, he is looking and willing to fund their dream with a company.

I've never been big on monetary inheritance, in terms of expecting to receive or planning to leave. We'll certainly leave what we have to our daughter, but our focus is on investing in her now so that she can build the life she wants.

The challenge for Shaq is his salary and potential wealth are known to be substantial. If you're discreet about holdings and live modestly this can be a non-issue for bitcoiners. Guess that's not as fun as living it up but get a taste of the high life and you'll see it ain't all that.

awesome -- thx!

Shaq is right: independence can be learned.

We need more people like him, so our society can thrive. There were too many participation awards passed out these last generations.