This is why getting rich slowly is a blessing. It gives you time to acclimate and frankly, mature, before you get to the next stage. People that are given lots of money at once (lotto winners, casino winners, sports stars) generally don't handle windfalls well and you can tell because they end up with divorces and few friends just 3-5 years later.

The slow growing wealth has generally sorted people out in the Bitcoin community. The people that can't handle wealth do something dumb with it (like altcoins) and lose it. It's not a coincidence that a lot of people that have pumped Bitcoin in the past are now pumping altcoins, in jail or something in between.

I suspect a lot of the spiritual searching that I've seen in Bitcoiners is from this dilemma. If you don't have a good base of morals to operate from, you're not going to be able to handle being rich.

I have heard this many times before. Money just reveals who you are as a person, it doesnt change you. You may have repressed it since you didnt have money, but once you get it, it reveals who you really are.

We've already hit the point where we'd like to scale down a little. Vastly more wealth at this point would just translate into more discretion over how I spend my time and less stress about finances.

It's a blessing to have reached that point of not caring or being impressed by wealth.

Too many people are still "working jobs they hate, to buy stuff they don't need, to impress people they don't like", to quote a famous philosopher.

Echoing @jimmysong, I think a lot depends on the existing moral foundation, plus the age at which you get the wealth.

like if you gave me a million+ dollars (or ten million, whatever), no strings attached now, my life would basically not change, I would still do the exact same things, play the same games etc. I would maybe get a nicer car and finish off the various garden construction projects.

But if was 15 or 20 at my peak retadrd phase, I probably would have made generally bad decisions, maybe not all bad, but possibly majority bad. I may have become a douche also, I like to think I wouldn't have, but who knows

Wealth doesn't change a person, it just reveals who they really are.

Reminds me of an old Chinese phrase from the Ming dynasty that I learned back in my early 20s and kept it to heart.

Roughly translates to:

At the same time, I wouldn't deny the advantages of being wealthy. Wealth gives you optionality and saves you time. If money is human time and energy in an abstracted form, then having more money allows you to command and utilize more human time and energy. As a result, saving yourself from having to spend your own time and energy on things you do not wish to do. I guess at the end of the day, it's not a bad thing to become wealthy; just don't turn into an asshole when it happens.

I read and really enjoyed Michael Mechanic's Jackpot: How the Super-Rich Really Live last year, and one thing about lottery winners and the sudden tech millionaire crowd is that sudden wealth was effectively a system shock for them. There's a lawyer who specializes entirely in helping new lottery millionaires navigate the issues ranging from lost cousins coming out the woodwork to where to put their money. Worth a read for that section alone.

While I would love to have more wealth (or maybe less worries about lack thereof), I think I'm pretty okay with the idea of not being suddenly thrust into oodles of it, much as I might have delighted in that when I was younger.

A family member recommended Gary's Economics. He happens to talk on the subject of how the rich are changed by becoming super-rich. https://m.youtube.com/watch?v=wPoXOwiEfrQ&t=58s

(While he makes reasonable-sounding ...sounds, I think his conclusions and solutions are wrong).

Rogan is rich and famous

Fame is another beast probably a curse for most

you have no idea what is "wealth". yiou think that some numbers in a wallet is wealth... you are wrong. wealth is time. time to be spend as you like. and is not luxury or other bullshit cars, palace, mansions or other crap. a simple life and a lot of time to spend in peace worth more than gazillions numbers.

I really wish btc price will dump to 1usd so all of you will get rekt because many of you are still fiat maxis that have no fucking idea what is bitcoin.

That’s a powerful realization. It’s crazy how quickly we adapt to different environments, no matter how extravagant or simple. At the end of the day, routine, mindset, and personal fulfillment seem to matter way more than material wealth. Rogan’s take is spot on—what truly counts is how you handle life, not just the numbers in your account.

Yes. I became lazy and cynical.

It depends of so many factors: family, education, your relation with money, your age, your nationality, you social background (if you come from a poor family... )

In this article, I realize that the most valuable asset we have is our time and experiences. Quality time—time that is exchangeable and highly liquid—is a prerequisite for us to have meaningful experiences. Of course, this must be sustained by a life foundation that is sufficient—not too deprived.

To be precise our wealth definitely changes other people's perception about us, but ours to them is a choice.

It's going to change me!

When you work for your wealth it is quite different to when you gain it via inheritance or other derivative means. Look at all wealthy nations- the people generally become increasingly demanding of more and more rights and privilege and less and less inclined to see it as their duty to contribute toward the welfare/well being of others. This is why one of the reasons, imo, that it is justified to TAX THE RICH...in fact essential in terms of sustaining a successful society and economy.

With regard to Bitcoin I believe (and have observed) that the wealth and liquid capital it has delivered some of us is in many cases used for innovative and worthwhile projects- Bitcoiner tend to be outsiders - we tend to question the status quo and are open to change and challenging the status quo - Bitcoin capital liquidity is changing the world and the way the economy functions.