Acharya Prashant explains that Maya is not something that exists independently; rather, it is the perception of something other than the Truth as the Truth. It is defined as that which does not exist but appears to be real to one who is unconscious or deluded. This delusion arises from the observer's own fears, hopes, and internal lack of clarity. When an individual refuses to see the Truth, they inevitably fill that void with dreams and illusions. These dreams are then treated as reality because they form the foundation upon which the person builds their life, decisions, and identity. This creates a vicious cycle where the Truth becomes increasingly terrifying because its touch would shatter the elaborate structures built on falsehood.