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I just resteemed a great article on the never ending story of nothing and it's relation to god. Allan Watts also has a lot of thought provoking lectures regarding this topic.

I think that the meaning of life its to find it's meaning. For some people is to raise a family, for others is making money or rescuing street dogs. This meaning does not exist in the beginning but is our duty to create it, there are the ones who kill themselves implying that there's no meaning to life and at the same time creating its own, their meaning becomes death.

I like to see meaning as a pointer by which we reference its substance, which could have previously been meaningless, or in this context without a previous mental pointer. Our minds have evolved with the unraveling of time to the point that these meanings help to structure and parameterize sequences of cause and effect. The mapping of meaning overall provides for a flow of consciousness, a dynamic that is defined by its own terms. Like you said, deriving meaning is relative, considering that every idea or group of ideas converges to a broader enveloping idea.