Edgy - The DeFi Edge 🗡️
Edgy - The DeFi Edge 🗡️

@thedefiedge

6 Tweets 3 reads Feb 26, 2023
3AC spent $50m on a yacht with borrowed money.
"Mr. Davies intends this yacht to be larger than any yacht owned even by Singapore’s richest billionaires."
You'll always be poor if your desires outweigh your earnings.
More money isn't always the solution.
I see this with my lawyer and doctor friends.
They make a TON of money, yet they're stressed from their debts.
• Bigger Houses
• Private schools
• Nicer Cars
They're trapped because of an internal pressure to maintain an "image."
There was a point in time where 3AC could've cashed out.
They could've set themselves and their families up for several generations.
But they didn't know when "enough" was, and that led them to take even more risks.
Now they're disgraced and on the run.
More money's always preferred, but don't expect it to fix everything.
It can't fix insecurities and the addiction to status games.
"Mo money, mo problems" - Biggie
I've struggled with status games myself before.
What helped:
• I don't have social media IRL. This relieves the pressure of keeping up
• My internal validation comes from achieving goals
• I don't talk about what I own - I prefer building my following by helping you.
You will NEVER win status games. The people you're trying to impress will always move the goal posts.
Oh he has a BMW? It's not a Lambo.
Oh he has a Lambo? It's not a Yacht
Oh he has a Yacht? It's not a Super Yacht

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