Live it and I write down and I watch it blow up

from Nas – Nas Is Like Lyrics on Rap Genius

Meaning

Nas is Saying his lyrics are always true to him and that what he writes is based from his real life experiences

Jay-Z in the “Takeover” would dispute this claiming:

Nigga You aint live it
You witnessed it from ya folks' pad
Scribbled in your notepad
And created your life

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