Naval Ravikant on Clubhouse - 10/11/21

There's a lot of people who think that coding will be automated. These people have never written serious code ... There is no automaton that will create the next Bitcoin. There is no automaton that will create the next Quake. There is no automaton that will create the next Minecraft. It just does not exist. Those are creative efforts. Creativity cannot be programmed. We do not know how to program creativity.

In this modern day and age, the leverage that's available to any given human is far greater than it's ever been. You can go on Clubhouse; you can talk to thousands of people. You can put out a tweet that can reach millions of people. You can write a piece of code that can be run on millions of machines ... Everything is available to you. Everything is out there, both to consume and to produce. If you're sufficiently driven and impatient, you will figure out how to navigate your way through that ecosystem.

If you look at where the great fortunes are made in human history, they're always made on the frontier ... The frontier is the place where you make money.

I think the way products spread is you build something, and there's someone in the potential customer base who just really can't live without it, so they adopt it, and then they tell their friends. I don't think you change the customer or you convince the customer; I think you find your customer.

One of the places where I feel like the self-help porn goes wrong... is that it sort of says... 'You should be a writer' or, even I'm guilty of this, 'You should be a coder.' Well, you should be a writer or coder if that is your natural inclination, if that's what you're natural at. If you're not, don't do that. If you're good at talking to people, then go on Clubhouse. If you're good at sales, then go do sales. If you're good at organizing people, then go build a small company or recruit people or build a community.

Money is now being made by ideas, and ideas have tremendous leverage. So, the people who are creative and have good ideas and can implement and execute them online—they know how to sell them and market them and how to code them—just have absurd earning power compared to people still operating in the physical domain.

At the end of the day, if you want to be successful, if you want to be the top of your craft, if you want to be among the best at what you do, then it is best to stick to the basics and nail them really well—and the basics are building a product and selling it.

If you build the right thing, it sort of sells itself. The cost of sales, in fact, is almost a indicator. The higher the cost of sales, it's an indicator of a bad product, or at least... it doesn't fit the market quite right. The better the product, the more it fits the market, the more the market will just beat a path to your door, and they will take the product from you.

Honestly, if I could wave a magic wand and go back in time and start over, I might choose to do an anonymous Twitter account rather than have it tied to my name.

It almost seems to me like conscious thinking is overrated. It's how we communicate as humans because we have to articulate to each other and give reasons... But for our own maximum creativity and productivity, conscious thought takes a backseat ... When you're trying to be creative, when you try to have a breakthrough, a lot of that comes subconsciously. When you're trying to make a decision, a lot of that comes subconsciously from gut feel.

The value in a cryptocurrency derives from its decentralization. The more decentralized it is, the more value it has. And in that sense, Bitcoin is the most decentralized. It is the most resilient to attacks by big actors, by nation states. You can think of Bitcoin as having a $1.5 trillion bounty on it...

Every tweet of mine that I hesitated on just goes in the drafts folder and never gets sent.

The easiest way to have a thought is to try not to have that thought.

It's incredibly hard to articulate the benefits of meditation; it's one of those things that you just have to do.

If you can decentralize money, you can decentralize anything because money is the hardest thing to protect.

The whole crypto space is full of scams ... It's basically what unregulated venture capital looks like. If you ever want to know what unregulated venture capital looks like, that's crypto for you. It's a 24/7, 365 global casino where everybody can participate, and so it ends up with all kinds of fraud.

Most of my opinions are worthless. That's probably true for all of us. We don't need to have opinions on everything. I was going for a run the other day. And I hate running, so I was huffing and puffing and kind of miserable. And every person I ran past, for some reason, I had an opinion on them. It was just worthless. It was a completely worthless opinion.

I don't care if my mind is busy or not. In fact, I have a good, fast mind like other people have good, fast bodies. So, in some level, I enjoy flexing it. I enjoy using it ... It's a superpower.