Now I got my own daughter, taught her how to take her first steps
Cut the cord watch her take her first breath

from Jay Z – Jay Z Blue Lyrics on Rap Genius

Meaning

Hova is enjoying his father spotlight and teaching his daughter how to walk and the reference to “cut the cord watch her take her first breath” pictures the moment when a newborn baby umbilical cord is cut to allow the him/her to breath its first breath of the air.

Jay-Z couldn’t have been more proud.

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