Redphone
@redphone
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1066 Followers
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When I need less dystopia and more hopetopia, I listen to Brett Adcock. His take on our humanoid-laden future:
“You will have a robot making you money. I’d even go as far as to say robots will be relatively cheap to manufacture, and the cost of work will collapse. Goods and service prices will drop long-term."
"Everybody will be able to afford almost everything: whether it’s a haircut, goods, produce, or any type of service. If a robot is doing that, the only costs are the robot itself, whatever energy it needs, and maybe real estate. That’s it. You’ll drop all costs substantially with synthetic humans doing it all day and night at almost unlimited volumes."
"Your robot will have a personality. You’ll ask it to increase its humor settings, be more serious at times. You’ll talk to it, text it... it’ll just constantly do work for you.”
https://x.com/OfficialLoganK/status/1941930006696857854 3 replies
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Risk isn’t just a financial concept… it’s the lens through which your life unfolds.
I break risk takers into 3 groups:
1. Risk-averse
2. Risk-calibrators (smart, logical risk-takers)
3. Risk-addicts
Our childhoods tend to push us toward the extremes: 1 (fearful) or 3 (YOLOers).
Everything about my upbringing pushed me into No. 3:
- Stories about my dad’s fistfights with cops, how he got stabbed, shot at, thrown in the brig.
- Him plopping me on the gas tank while he cruised around on his motorcycle with a cig hanging out of his mouth (god, I loved that).
- Meeting salt-of-the-earth wildmen at AA meetings who told the darkest yet most incredible stories of desperation and redemption.
- Seeing people die young in shitty jobs or overdosing or driving drunk.
- Getting necessities through barter or haggling at flea markets.
- Climbing in a car and holding your breath (praying) when you try to start it.
In that sort of environment, you don’t even really consider risk because it’s infused into every layer of your life.
You’re clinging by your fingernails, one flat tire away from getting fired, losing your apartment, having to sleep at the homeless shelter (which my dad did more than once after my parents divorced).
Living with risk can make you open to anything that’s going to smash the existing order... that's because the existing order just ain’t working that well for you.
Then there’s the other side of the spectrum.
The people who do everything "right":
- They go to college.
- Get a job.
- Bust their asses.
- Clip coupons.
- Max out their 401k.
- Spend 20 hours researching cashback reward programs.
- And pray they can retire before 70.
They’re smart, hardworking people who’ve been sold a dream of stability… one that quietly extracts their freedom, year after year.
(The irony is this mindset creates perfectly docile employees who are expert at making their bosses wealthy.)
And they don’t realize how they’re just a couple hundred hours of financial education away from completely changing their lives.
I’ve been telling people like this about bitcoin for more than a decade. And they still get this condescending nervous look in their eyes… “that sounds really risky.”
Well, sure.
But what’s really risky to me is working some dogshit job for 40 years and planning to “live life” after that.
You don’t have to YOLO everything on risky investments, but not having any exposure to risk is intentionally choosing a lifetime of servitude.
Figuring out where you’re at on the risk scale and intentionally adjusting it is a requirement if you hope to live a truly sovereign life.
In my case, that means reining in my risk-taking (avoiding casinos, max-lev perps and margin, for example).
In your case, maybe it means reading The Bitcoin Standard (or at the very least the Wikipedia page on bitcoin) and starting to understand how governments use currencies to manipulate you... to keep you on the hamster wheel (via inflation and interest rates that impact everything: your car payment, your mortgage, your credit card purchases, vacations, payday loans, your 401k, etc.).
In the words of Thoreau, "the mass of men lead lives of quiet desperation.”
You could be one risk away from changing your fate forever.
Or you could wait. And hope that someday, somehow, the world decides to risk itself for you. 3 replies
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Young, broke and feeling hopeless? Here’s your “make it” plan:
1️⃣ Get a truly “shite” job... on purpose.
Make sure it:
🅰️ Covers your expenses/bare necessities
🅱️ Gives you the freedom to continue learning (i.e. get a job where you can mainline educational audiobooks and podcasts at 2x straight into the brain for 8 hours a day… something like Uber Eats, a warehouse gig, cutting grass, washing dishes, etc.
Even better:
Get a job where you can use a laptop/web while you’re on the clock… third shift at hotels, parking garages or residential security are great candidates).
If you feel like you can’t afford a job like that, get a roommate. (I legit slept in a friend’s tiny dining room for a year when I was younger)
2️⃣ Pick a narrow vertical that you love and learn EVERYTHING you can about it.
Point every possible minute of your job at acquiring world-class depth of knowledge via LLMs, Kindle, podcasts, YouTube, etc.
Ideally, your chosen vertical has some investable liquid assets (i.e. real estate, crypto, some subsector within stocks like AI, etc.). This way, you can gain edge/alpha as you’re educating yourself.
3️⃣ Launch a business around your vertical.
With AI, you can explore becoming an influencer (doxxed or anon, doesn’t matter). Start pumping out content on social media platform(s) (i.e. X, LinkedIn, TikTok, Insta, Reddit, etc.).
If you have a job with full web access, look at gigs like writing, graphic design, dropshipping, white-labeling products, etc.
4️⃣ Walk through every door that opens to you, and don’t stop experimenting until you’ve found a way to generate additional income or land your dream job.
I got insane opportunities once I started posting on X (you simply don’t know what will happen until you start).
5️⃣ Plow 100% of your extra income from your side hustle into investment opportunities (ideally in your niche).
If you don’t have a niche, invest in a basket. Something simple like:
👉 50% into an S&P 500 ETF
👉 20% into bitcoin (or crypto)
👉 20% into AI stocks
👉 10% into high-yield savings
6️⃣ Ride those investments and that growing income into an entirely new life.
CLOSING THOUGHT
Remember that money = lifeforce. You trade your lifeforce for a paycheck. Then, you spend that paycheck on goods and services that require the lifeforce of others to create.
Everything ties back to the finite nature of our lifeforce.
Once you realize that’s true, you can see that the only way to acquire more money than you have today is by expending more lifeforce than everyone around you, or by finding ways to multiply your lifeforce (via education, passive income, side hustles, high-skill jobs, etc.).
The EASIEST lifeforce multiplier on Earth is finding a way to learn and generate income WHILE SIMULTANEOUSLY collecting a paycheck (and that’s exactly where your shite job comes into play).
The next 12 months will determine your next decade. Do whatever it takes to expand your knowledge, so you can expand your wealth. 8 replies
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