Curious

What Is Curiosity, the Philosophy of Curiosity?

So curiosity is that which you care for, yet when it comes to curiosity, it is strangely moralized.

For example, curiosity killed the cat.

a world without curiosity is not a world worth living in?

So Elon Musk said he is typically driven by curiosity. Curiosity is the ultimate antifragile trait; the ultimate driving factor.

Curiosity about things and experiences?

I think for myself… My whole life I was always curious about certain states, life states, experiences etc. Even curiosity about wealth; I suddenly became super rich, how would I change and live my life differently?

But now that I am super rich and Walty, it almost happened overnight, granted it was in the making for seven years; I started stacking bitcoin 2018, getting into bitcoin ever since it was only $7000 a coin.

And now, my enthusiasm has not lit up. In fact, it has simply intensified?

Money is for Slaves

Capital is for masters!

Why rappers make poor role models

Rappers are always talking about money, never capital.

Even the good rappers like Jay Z… They then talk about wealth and generational wealth, but never capital?

Capital?

what people don’t understand about capital, like becoming a great capitalist is that actually, is not about money in the traditional sense.

So for example, my personal thought is money is more about purchasing power, not real economic power.

For example, who has more power, the guy who lives on fifth Avenue and owns like 20 square blocks on the main island, or the person who lives in the suburbs of Long Island or Queens with a big house in the middle of nowhere, and has a lot of US dollars in his bank account? But owns no physical property in Manhattan?

LA

The funny thing about LA is most people are not from LA, nor do they intend on staying in LA etc. And also it is the culture in which it is true; you are your car your car is you.

It is easy to stereotype people based on the car they drive, and how they drive their personality their whole ethos etc.

The only people I trust are people who drive a Toyota Prius; if in fact you were a real economist or capitalist, you would know that the primary goal is to live as ascetic and spartan frugal lifestyle humanly possible, and to just pour all of your money into accumulating your capital.

New Capital

I had a random thought, so Korean people immigrated to America because they called it the beautiful country (Mee-Gguk), (Beautiful Country). They did so to seek greater economic opportunities than stuffy Korea.

it seems that most physical hand is already tapped out, that was a 20th century notion like 100 200 300 years ago… But now that we live in the year 2024 and beyond… The new property is cyber space.

I think the thing that is difficult to understand about cyberspace is that conceptually it seems infinite and unlimited like the Internet, but if we think bitcoin, which is limited 21 million blocks, 21 million coins, 21 million units, then,… Bitcoin or the whole cyber real estate notion is the most valuable thing of them all.

Why? it seems that most people are always looking on places to park their capital and economic work and wealth; they don’t want it to be seized by a bunch of communist, like the poor Vietnamese people who fled Vietnam during the communist takeover, even people who fled from Mao Zedong, or even the poor Lebanese for fleeing from the attacks from Israel.

Trust no Marxist, communist spoon fed kid

If you’re just an American like a typical American who is born here with your American citizenship… And you never had to face peril… You probably don’t really know how much of the world works. It seems that historically much of wealth is seized forcibly from other people, governments, or revolutionary regimes.

Why is it that a lot of these kids who are born with trust funds, or born from wealthy families are the ones who embrace communism Karl Marx and Marxism? Because they are the ones who were never raised with true poverty, — I think for any family that actually had to deal with true oppression, poverty, everyone knows that capitalism is the best system.

Infinite opportunity

Capitalism is not zero sum. Understanding that wealth is just a human made notion, the ability for growth and prosperity is infinite for all.

And this is my personal imperative behind bitcoin; because I personally grew up super poor, always in financial peril, and finally kind of making it in America, I feel like it is almost my ethical duty to give back or at least to share the things I’ve learned along the way.

Any individual family or nation nation state on the bitcoin standard shall prosper. There are no losers on the bitcoin standard, only varying degrees of success.

ERIC

Economics by KIM

The Philosophy of Property

I’ve never owned property in the traditional sense in my life. It is still kind of a strange and elusive concept for me.

For example, homeownership, is talented as some sort of desideratum, a thing to be desired.

So for example, I think like the baby boomer generation, the life goal of everybody was to own your own property? Like purchasing a single-family home, a plot of land etc.?

Land?

Even Cindy’s mom said it best, you don’t own the property, the government owns it. Even assuming that you buy a plot of land or property in all cash, you’re still going to pay around like 1%, 1.05% property taxes on it like forever.

Even if you buy a house which is like $1.4 million or something, I think that’s like $1250 a month Justin property taxes, and then after homeowners insurance and stuff, which could also be considered an additional non-direct tax, You might be looking at like $2000 a month, just in “taxes”. Just throw in another thousand dollars and you already have rent.

Why?

I thought this morning is in regards to the philosopher; what is a philosopher? A philosopher simply somebody who posits desideratum — what we should desire, what we should not desire.

For example, under no circumstances should we desire slavery poverty and to be encumbered. On the contrary, what we should desire is freedom, power and control; consider the blissful authority and self sovereignty of the Spartans.

New Slaves?

See there’s leaders and there’s followers, but I’d rather be a dick than a swallower! – Ye

the tricky thing with a lot of modern day life is that a lot of the stuff is actually self-imposed slavery. For example let us say that you buy the new BMW M3, yet you finance it, I think the original word for finance actually means ransom.

So let us say that you’re paying like $1450 a month, just for your car payment. To me this seems like the most insanely foolish financial decision of all time; if you simply pour that into bitcoin, and assuming that bitcoin is going to at least 100X from here, maybe even 1000x, then what that means is that the payments on your car, is like metaphorically paying $15,000, $150,000, or even $1.5 million a month!

Future projections

If I could tell you with 100% certainty that in 21 years, bitcoin would be worth $100 million a coin, maybe even 105 million a coin, which means that assuming that bitcoin is around $100,000 today, that is like a 1000X gain 21 years from now.

Certainly it is possible you could die in a texting while driving accident today or tomorrow, but if you plan long-term — if I told you that the money that you put in this thing today will yield 1000 X 21 years from now, and I could guarantee you with 100% certain that you would be alive healthy and well 21 years from now, wouldn’t you plan things differently and spend differently?

For example, that hundred dollars you put into that thing, could be worth $1000, $10,000, $100,000– or even $1M! If that were the case wouldn’t you plan things differently?

Once again, $100 today being worth $1M in 21 years, with 100% certainty ,,, wouldn’t you plan your life differently?

First, you would certainly be much more scrappy, frugal, and pursue a much more austere and critical and Spartan lifestyle today. Of course there are certain things you gotta do like feed yourself, pay rent etc., but beyond this… Even thinking about recurring subscriptions and services, that $20 a month you’re spending on Spotify, what if that after doing the math, would mean that you’re paying $200,000 a month for Spotify? Why don’t you just cancel that subscription and put that money into bitcoin instead?

Fractional property ownership

I think this is the big idea here; the general idea that you cannot buy a fraction of an apartment on fifth Avenue in New York. You cannot buy like a square meter of an apartment complex in Gangnam. You cannot buy like a third of a single-family house in Culver City.

I think this is where the early days of bitcoin is interesting; people have not yet understood the notion of a Satoshi; sooner or later, I think the name Satoshi will become more famous than the name of any other modern day celebrity. Why? He’s like the Jesus of money!

Ownership is a state of mind?

I think a big thing to consider is that ownership, self ownership, self sovereignty is more of a mindset than anything. Even when I’m staring at my bitcoin balance, and the value of my microstrategy MSTR stock, none of it really feels real… It’s almost like I’m living in some sort of cyber virtual video game, except it isreal. Not bad for a kid who grew up in poverty, mom going bankrupt twice, and dad gambling with the rent money to now at the age of 36, counting M’s.

The impetus to think long-term

Once again, if I could tell you with 100% certainty that your investment today in bitcoin well thousand X 21 years now, aren’t you gonna do everything in your power to ensure that your health your physiology your sanity will be insanely robust 21 years from now? Would that also means that you’re probably not going to be engaging in degenerate activities today; Rather, it will probably encourage you to sober up, stop taking weird drugs, going to Coachella, wasting money on that new loser iPhone, that new loser Tesla cyber truck Lamborghini Ferrari whatever.

I think you will also become more critical about how you spend money. And how do you spend your life!

Also, I almost wonder if this one encourage more people to have kids; because you cannot be with your bitcoin dance to your dog; but bitcoin will last forever; you could give it to your kids kids kids kids kids, for when your kids kids kids have kids!

the $1m iPhone

A simple way to think about it is $1000 today is $1,000,000 21 years from now.

So if that is the case, the smart strategy is to just hoard the cheapest iPhone, the iPhone SE, forever or however long you can.

The $100M Cybertruck

Assuming that a cyber truck is like $100,000, that means that your cyber stuck will cost you $100 million in 21 years.

I’m like 1000% Elon and Tesla, but still… The entrepreneur and innovator in me think more critically about this;

Better to CYBERTRUCK your body than to just buy it.

Also, the big issue here is that with a Tesla car, you never really own it, the same goes with any other vehicle; because ultimately you’re going to have to pay Insurance, maintenance, gasoline, stuff on it… What that then means is that you never own it in theory; You’re kind of just metaphorically leasing it.

I’ll give you an example with Tesla; as long as that you have to use their proprietary software, you visit the local supercharging network etc., you’re still tied to Tesla the infrastructure forever. and also if you need to get any repairs done, you’re going to be married to Tesla for the rest of your life.

Another big thought I had was you never really own an iPhone; you’re just kind of leasing it; why? Now that we are all married to the iCloud system, forever, you’re kind of just paying some sort of like revolving increasing expensive iPhone thing, to ever feed your iCloud subscription?

So you never really own an iPhone a Tesla, even a Ferrari or a Lamborghini or Porsche or whatever, the primary issue here is like let us say that you had to pay $1000 a month in insurance for the car, you have to maintain the car, replace the tires, do oil change etc., this could be seen as an indirect tax.

Stop the bleeding!

Let us see that you have a healthy four-year-old boy, full of bigger energy and happiness, but let us say that you siphon off a little bit of his blood every single day for the rest of his life. What is going to happen to his growth ability? Probably not good.

Economic vampires

I think I figured out fashion; all this marketing advertising magazines etc. is designed to make you feel shameful about your body, and how do we alleviate this? We cover up the ugliness of our body with other ugly expensive clothes, all produced in China or Vietnam, which is like a 98% markup on the actual clothes.

And this is the thing also with cars, we all have ugly weak unimpressive bodies, and we hide behind avail of our luxury vehicles, because we are ashamed of ourselves.

You’ll see this with people who try to look antisocial but at the same time, with their 5% tennis sunglasses, or they’re fully tinted automobile cars, or with their baggy loose fitting clothes.

It seems that the whole trend right now is that everyone for this weird, emo alien look? Balenciaga in the flesh?

Bitcoin is beautiful

What is the most beautiful thing on the planet? Or the known universe of humans?

Bitcoin!

Why?

First, note how it is kind of like the ultimate perfected Zen and property. There is really no problems with it.

It’s like if Steve Jobs came out with her first iPhone, and he said that this would be how the iPhone would look forever, kind of the same thing.

I think the reason why you should put zero faith in any other tokens or things which are not bitcoin is that they are all like the old versions of the Microsoft android phone, not worth anything, and they are simply supported by fake notions of value, hyped up by crypto influencers (side note– whenever you hear the word crypto, be very very wary). It is Bitcoin not crypto.

the Immaculate conception of bitcoin

I think what is so shocking and interesting about bitcoin is that it only ever had a version .01, and has not been messed with since.

Compare this and contrast with all these other version twos of Ethereum and all these other loser copycats.

Why does this all matter?

If I could tell you that this was like Apple in the 1980s, or the early days of Apple Amazon Facebook Google, and you could invest in right now, and it will become the most valuable thing on the planet, wouldn’t you want a piece of the pie?

Infinite pie

The double funny thing about bitcoin;

in some ways it is infinite, but in some ways it is limited.

For example, any human on the planet could purchase a single Satoshi, I think like it is only .001 cents to purchase a Satoshi.

In fact, my personal thought is if you really want to give somebody a meaningful present or tip somebody, just zap them a few Satoshi’s.

Or, let us say that your sibling has a child or a kid, I would actually say the most meaningful gift you give them is a single bitcoin. If and when my sister has a kid, I’m going to gift the kid a bitcoin.

The new family Empire

So we’re still stuck in thinking about US dollars, like the question is always, how much is a single bitcoin worth right now? No. The more intelligent way to think about it is how many bitcoins do I currently own, and how much will it cost for me to acquire more bitcoins?

Increasing your bitcoin yield

So the goal is to acquire and accumulate as many bitcoins as you can in this life, and to never spend it.

So for example, it is always a good idea to buy Manhattan or cyber Manhattan. If over the last 300 years, your family was able to get fractional ownership of Manhattan, if that is the case, then, it is always a good idea to buy Manhattan.

Why is so difficult to think about property and manage property

In some ways, property is just kind of a metaphor, kind of like a philosophical thing. It doesn’t really exist in the traditional sense, of course, plot of land is considered property. Yet when the Native Americans lived here, ain’t nobody ever took out a tape measure, measured the square footage of a plot of land, put a stick in the ground, and suddenly declare to the universe “I own this 5000 ft.² of land?”

Bitcoin is also fascinating because assuming that cyber space is more valuable than physical space, I think it is, assuming that the Internet is also more valuable than physical property, if that is the case… To be able to own a piece of cyberspace, is actually a very big idea.

Nobody is anti-bitcoin

This is also another idea, all the other crypto assets are essentially pegged to the bitcoin. Even Ethereum, read the original white paper by Vitelic, he essentially was trying to “fix”, bitcoin, even though there was nothing needing to be fixed.

So always be wary when somebody shows up to the party, and trying to fix something that isn’t even broken in the first place. This is why in general, anybody who tries to “optimize” something that is already working, … like a Doctor Who tries to prescribe blood thinners or cholesterol lowering medication to your healthy four-year-old, be very skeptical.

who profits from what?

So this is a tricky thing, the ethics and the motivation behind it all. For example, somebody once asked me, is Michael Saylor ethical or unethical for promoting bitcoin, given the fact that he himself and his entity micro strategy owns a lot of it?

I would actually say it is 100% ethical for Michael sailor to promote bitcoin. Why? It’s almost like trying to encourage people to use the Internet, and saying that the Internet is good for the planet. In which it obviously is.

if anything what is actually super fascinating is that I’ve watched almost like four years of Michael sailor interviews, like nearly 100 of them, and for the first four years, he never once even mentions his company micro strategy. And what is very ethical is the whole time he is talking about the magnificent seven, like Apple Amazon Facebook and the like.

In fact, it almost took me like six months before I even figured out what micro strategy was.

Anyways, it is always a good idea to follow somebody who never promotes themselves or their company, but rather, the asset behind it all. Which is bitcoin.

For example, it’s like me going out and telling people that digital photography is superior to film photography or vice versa and the like. Or more like me encouraging people to open source their photos their information etc., I’m promoting a protocol and an idea.

Or for example, if I encourage people to start intermittent fasting, to stop drinking alcohol and marijuana, for people to become more frugal, for people to unsubscribe to subscriptions, what is unethical about this?

Or if I encourage people to purchase beef ribs at Costco, I don’t really have anything to gain from this.

Follow the money?

So currently speaking, real estate is traditionally the way that a lot of people get rich. For example if your a great great grandfather once bought an acre of land in San Francisco for like five acorns and two donkeys, that family assuming they did not do anything stupid would probably be insanely rich.

Who encourages us to purchase single-family homes? Banks, real estate brokers etc. Why? By propping up this American dream of home ownership, they themselves get rich off of it.

Compare this instead to an asset like bitcoin; there is nobody who controls bitcoin, Satoshi said toodaloo, and disappeared forever. Kind of like the immaculate Assumption back into heaven.

Everyone else is this spokesperson for their token or thing; Vitalik for Ethereum, Sergey for Chainlink, the scam artist who are proposing ADA Cardano (this one is really the biggest scam), even Elon Musk trolling Dogecoin.

Only trust things or assets without an issuer.

For example, even apple, kind of a bearish future ahead of them, assuming they don’t integrate bitcoin into their ecosystem. Why? Even though Apple keeps pumping money into their Apple TV+, nobody really wants it or cares for it. And even at this point, nobody really wants the new iPhone, or the new iPhone Pro, they simply upgraded because they feel expected to; they have been holding off for so long like two or three years, their old phone is getting super slow, or they run out of storage, so they simply upgrade not because they want to but because they must!

ain’t no Tesla car going to last year 21 years

Even now, I feel bad for all of the early adopters or even the middle adopters of Tesla cars, your car is getting outdated like every year or two. And once the cyber taxi comes out, you’re going to be kicking yourself in the butt.

I have like almost 100% certainty that my 2010 Prius will still be operable 21 years from now. Also my great joy is that I do all the oil changes with myself and Seneca, 100% full synthetic mobile one, K&N performance oil filters etc.

Even a random thing, the paint on it is actually still really good! I recently ordered some chemical guys detailing spray on Amazon, for only like 11 bucks, and now the car is so insanely and beautifully shiny! And I also assume that because it is more slick and slippery, what that then means is that it will repel more dirt and Moisture and water from it?

Things that last things which don’t

Even if you purchased the best 3M matte black vinyl wrap for your vehicle, it probably won’t last you for more than five years. Sooner or later it’s going to degrade, especially if you live in Sunny Los Angeles, the sun is so strong here.

Why is it so difficult for people to invest and think about things in the long-term?

I think maybe it is because people consume too much media and advertising.

Even for myself, I don’t really like the bitcoin community on the Internet because I think they lack a lot. I’m more interested in philosophy, Spartan and ancient Greek aesthetics, weightlifting and the like.

Even my pride is for so long, I never once listened to or read anything else by a crypto or bitcoin influencer or thought leader; in the early days, essentially all my thoughts were just my own; I first purchased bitcoin for $7000 a coin back in 2018 I think.

And I was looking back at my purchase history, I’ve actually been very very consistent in purchasing bitcoin, the highs and lows and the mids, and even when I was purchasing bitcoin in the low 70s, at the time it seemed like a losing bed because bitcoin would keep dipping back into the low 60s and 59, And then, I don’t know where after the Trump victory, bitcoin skyrocketing to above $88,000 coin, and essentially hitting $100,000 a coin. And I’m almost like 1000% certain that by the time that Trump takes office January 20, 2025… Bitcoin will be far higher than than it is today.

And also, with the Cynthia Lummis bill, the bitcoin act in which she will swap cold notes for bitcoin, and when that steak and dagger is inserted into the coffin, the value of bitcoin will explode! And then you’ll start seeing a huge race of nations trying to accumulate her bitcoin stock piles.

Bitcoin is cyber security

So what is another interesting idea is that essentially bitcoin is like solid solidified cyber Security. Future warfare will not be bombs and missiles it will all be cyber attack. Even right now, Apple pays big bucks for cyber security penetration testing; even apparently right now Gmail is getting attempted to be hacked like 1,000,000,000,000× a second, so cyber security is certainly maybe the most valuable thing on the planet. And even your checking bank account, that is all cyber security. Even though we hate the banks, it is still impressive that if you have a certain amount of field currency in your checking account, how it is almost 100% guaranteed to remain there.

You could send Messages via bitcoin

Let us say that you have a certain message or will or Testament or some sort of really really critical information, that you need to have conveyed to the next party, the bitcoin network is the way. You cannot stop it, even if you had 1000 quantum computers trying to stop you.

So currently, the way that the world operates is through TCIP, POP, email and the Internet. I think people don’t understand yet, the bitcoin is not just cyber money in capital, it is something greater and even more beyond!

Where money and capital collide

So currently you could get a Coinbase debit Visa card in which you go to Costco and you could just use your bitcoin or crypto balance to pay for groceries. I did this once with chain-link, and it was really fascinating, like free money!

Anyways, ultimately it is best to just never spend your bitcoin, because the value is going to go up forever. It’s like probably not a good idea to sell an eighth of your apartment building on fifth Avenue, to buy a two bitcoin Lamborghini, or whatever.

But in theory, you could. And also… Like cash, bitcoin is cash, and also capital… You could just zap somebody $100,000 worth of bitcoin, and the final settlement will just take a few minutes, rather than the tedious process of having to go through a bank, and a trusted intermediary.

For example, do you know how difficult it is to just wire $1 million into somebody else’s bank account? Or try 100 million? Or 1 billion?

With bitcoin you can!

the best gift this holiday season

Once again a big disruptive idea… Rather than trying to buy your friends families and yourself these mediocre polyester clothes, just buy them bitcoin or yourself bitcoin! Just download and install Coinbase, or if you have the cash app you could just buy bitcoin there! 20 bucks 50 bucks 100 bucks, whatever.

Even think about it… Let us say that that $20 sandwich, will 1000x from here, $20,000 sandwich –?

So imagine if just for somebody’s birthday or something, you just give them like $50 worth of bitcoin, that is like you’re giving them a $50,000 gift? Pretty cool.

Bitcoin for kids

Seneca is about to turn four, and he already knows what bitcoin is. Whenever he sees a graph, or he immediately says bitcoin!

If a four-year-old child understands what bitcoin is, could recognize the logo, and pronounce it easily, very good sign.

I would not be surprised if in the future, Vegas and casinos in the lake will also give you the opportunity to gamble bitcoin. Can you imagine going to a high roller roulette bar, and pledging like 10 bitcoins on a spin?

Or, maybe instead of buying your wife that overpriced diamond ring, you gift her a bitcoin instead?

Bitcoin jewelry?

I have another funny idea, what if you became like a bitcoin jeweler, and I would give you a patch or a bitcoin ring or a bitcoin earring or bracelet, for every bitcoin you own?

What is funny is that actually in today’s world, when you have these expensive vehicles, in some ways you’re kind of parading your net worth.

For example, if you drive a cyber truck, you’re essentially telling the world that you could afford $100,000 on a vehicle.

Or if you drive a Lamborghini or Ferrari or a Porsche 911 GT 3RS, that you could afford 250,000, 500,000, million dollars on a vehicle.

But this is a weird thought; do you really want people to know how rich you are? If you’re really smart, no.

Why? If people really knew how rich you were, certainly they would try to rob you or ransom you.

And this is actually where it is so courageous that Michael Saylor publicly disclosed how many bitcoins he owns, because this actually does put his life in danger, any thug on the street with a gun, who knows that he lives in Miami Beach, could try to rob him of his bitcoins.

And this is why Satoshi will never really reveal himself, because, his net worth is probably more valuable than even Elon Musk, I think in the next decade you will see Satoshi or his bitcoin wallet be worth than most nation states, certainly making him the richest person on the planet.

But if anyone really hundred percent figured out who said who she would be, he would be in peril.

Deduction

She is probably a single dude, without kids or family, kind of like a monk, or maybe like John Wick?

Is John Wick Satoshi?

ERIC

EK INFORMATION SUPPLY

Introduction to bitcoin free open source workshop, December 14, 2024 — Register here for free

so this open source introduction to bitcoin workshop I’m super excited and pumped for. Why? It’s going to be a synthesis of everything I know and understand and love about bitcoin.

For those skeptical or suspicious, come on… It’s free and open source, you don’t really have anything to lose.

Kind of the impetus behind it is that I’m like inviting everyone I know, even my mom is inviting her friends on kakao talk!

Essentially I do not know any human being on the planet who does not want to improve his or her financial condition, and or your family.

Money finances and prosperity, isn’t this something we all care for?

things to be grateful for

Thanksgiving is giving thanks, giving thanks to being alive, being the full for even waking up this morning! Being grateful for not having the stomach flu, be grateful for the sun etc.

Being grateful for your family member is still alive, being grateful for love!

I’m grateful for you!

Now what?

Some simple action items:

Start buying bitcoin on Coinbase or the cash app, whatever is simpler and easier for you
I would actually encourage you not to buy gifts for friends and families, just gift them and zap them with bitcoin instead
If you want to learn more about bitcoin the best is to just go to michael.com or hope.com
Ultimately even though microstrategy MSTR outperforms bitcoin, 120% ARR, compared to the 60% ARR of bitcoin, ultimately the bitcoin is the goal, not the microstrategy stock even though in US dollars the value of MSTE explodes a lot more. A very very simple strategy I have is purchase microstrategy stock, mstr, and ride it up, and when you make a profit, sell some stock and use that to buy bitcoin. For example, if you own like $150,000 worth of micro strategy stock, and it goes up to $200,000, sell $50,000 worth the stock, and funnel that money and use it to purchase more bitcoin. I call this double profit double dipping.
Just think critically about the philosophy behind it all; once you’re worth $2 million, 3 million, 4 million 5 million, 10 million, $100m, $1B, $10B, really matter? Assuming that you’re going to still remain to live a frugal Spartan lifestyle? Because once again… The big idea; the true capitalist only cares to stack capital and bitcoin, not to buy silly things.

ERIC

Getting back on Twitter, X

Twitter and social media is a double edge sword, but in terms of critical financial information, I think the only one human worth following is @saylor — Michael Saylor.

It is probably the best place on the planet to get any sort of critical information about bitcoin and or micro strategy stock.

100% all in. 150% all in?

ERIC

Bitcoin by KIM >

Bitcoin is Solidified Happiness

Bitcoin is Solidified Happiness 9 Download

If you want to be happy or happier, the best way to do it is to purchase accumulate and acquire bitcoin, like taking your economic happiness and energy, and putting it into an infallible bitcoin.

Why bitcoin makes sense for digital nomads

So assuming that you’re living in Mexico City, Thailand, Vietnam Cambodia Laos, off the grid, and you love being off the grid, not being tied down by anything… Bitcoin is the ultimate freedom energy economic power property you can own.

For example, I think one critical mistake a lot of millennials make is they want to buy some sort of like weird off-roading Mercedes sprinter van, and they essentially like a homeless people in RV parks?

Nontraditional ideas

So for myself, I’ve always had a passion for nontraditional idea paths etc.

To be contrarian means to just go against the herd.

So for example, even though I’m a huge fan of Tesla and Elon Musk, am I the only successful millennial person individual, super rich who would actually prefer having a Toyota Prius or maybe now, the Lexus TX car?

I think there’s a lot of press about you being able to camp and live in a cyber truck, and I think it’s a great idea, but, I find it actually much more practical to get like maybe a Lexus TX Plugin hybrid car, the ultimate luxury SUV minivan, and just sleep and live in the trunk of that? The side is once again, the plug-in hybrid concept is still the most best double leverage thing you can get; the side of gasoline, which power is like 90% of humanity, and also, electricity, the Hybrid engine, as well as the plug-in capability.

Something that people don’t really talk about is that the upside of having a hybrid car is that when you idle, most often times it is silent. This is phenomenally fantastic if you’re taking a nap in the car with your kid! No solo gasoline car is worth it; either hybrid, plug-in hybrid or nothing.

a vehicle is bad

Once again, even today… We are still stuck in this slave like mentality of vehicle ownership. I suppose the good thing about having an old Prius is that it never feels like a liability. If somebody steals it, hit it I could care less.

Also pro tip, if you have peeling paint or something on your car, just order some 3M matte black vinyl vehicle wrap online, cut it yourself and just stick it on like a sticker! Looks very cool.

Lunar white

Another funny trend, everyone in LA wants to murder at their cars in all black, but, this is a positively bad idea because Los Angeles is essentially a desert with lots of dirt particles in the air, the ideal car color is either white or some sort of desert tan color; any color which does not show dirt.

And also a lot of these fools don’t understand is that if you have a black vehicle, you’re going to get cooked alive in the summertime!

Make white cool again

The funny thing is actually… When I was a kid growing up, nobody wanted to own a black car. A sports car was universally red; everyone wanted the red Integra type R, with the gloss white rims.

Vehicles and society

I could care less about your four bitcoin Ferrari, or your two bitcoin Lamborghini. Or your one bitcoin cyber truck.

What is super interesting and fasting about bitcoin is that it is almost like wealth on wheels. And only that but it is like the ultimate type of wealth and property you could actually own. Why? It is like perpetually in your mind in your head and your soul; and it is not physical, yet it is real and exists.

A lot of people don’t understand what this point is, they think that it is fake money. But no, bitcoin is digital cyber capital, which is 1 trillion times more profound as an idea.

Why? If you could teleport a skyscraper into cyberspace, make it immortal, immutable, indefinitely divisible, with no property tax, no mayor trying to put regulations on you, no death in decay, no annoying tenants etc.… You essentially have perfected digital and cyber capital And property.

Why do people even purchase real estate in the first place?

Traditionally, in the past, you only purchased real estate not for the utility purposes, but rather, as a long-term store value and or maybe income generation?

The difficult thing is at best, you have to skillfully manage your real estate and property, get good tenants, collect the rent, but still you might have to deal with Insurance, things breaking, changing zoning laws in your local city or area, etc.

no property taxes

I think this is a hard thing for a lot of people to understand is that you cannot tax bitcoin, only if you sell it. But if you never intend to sell it, you will never actually incur a capital gains tax, and even greater… The amazing thing about bitcoin is that assuming that it is digital property, you don’t have to pay Property taxes for simply holding it and owning it.

The scam of physical property?

Let us say you buy a $2 million home in all cash, but still… Even with a nominal 1 to 1.25 or 1.5% property tax, you’re going to be paying like 2000, $2500, maybe even $3000 a month in property taxes, simply for owning the thing. And you’re going to have to pay that forever.

This is kind of a scary thing… And it seems a little bit weird and unethical; if you own a piece of land, why do you need to pay taxes simply for the right of owning it?

Like for example if I own a gold bar, in this gold bar is my property, I don’t have to pay 1% tax on it, simply for owning it, forever?

Even in some ways, maybe we consider inflation like an indirect tax on you. For example if you have like $1 million of cash just sitting in a checking account, the reason why this is bad is because it is draining economic energy like 15% a year. For example you’re $1 million worth of cash is going to degrade to like 750,000 the first year, $500,000 the next year, $250,000 the next year, down to $125k the next year etc. kind of a really bad situation.

Bitcoin is going to go out forever with volatility

Volatility is energy power and vitality and vigor.

Volatility is power!

So for example, a nuclear reactor is very very volatile, but it is perhaps maybe one of the best blessings for humankind, because if managed in handled properly, it’s like free electricity and power for everyone forever.

Bitcoin is like nuclear economic energy and power. Maybe people are afraid of bitcoin like they are afraid of nuclear power plants. Certainly we do not want a Fukushima,,, but still, certainly in the early adoption years of electricity, I’m sure that there are some people who accidentally electrified themselves to death.

Also, I am also very certain in the early days of fire, there must have been some caveman who were burned to death.

Or even the early water wheel, I’m sure there are some people who accidentally got crushed to death by it. But we do not ban these things simply because there were a handful of people who died from it.

Bitcoin is the new fire

If you think about Satoshi like being Prometheus, who brought fire to the masses, isn’t this like the greatest blessing of all time?

It seems that Michael Saylor and the like talk about Satoshi with some sort of extremely deep reverence. Even I was shocked.

Also what becomes very interesting about bitcoin in general is that it definitely is starting to become like religious at this perspective. Like even beyond a cult. Religion.

Satoshi as the new Jesus?

The immaculate conception of bitcoin, Satoshi, giving this gift to humanity, and essentially disappearing forever.

Anybody who claims to be Satoshi, ignore them, they certainly are not. Why? Because 1, million bitcoins is essentially like worth what, $200 billion or something, essentially in the next upcoming months and years you’re going to see Satoshi becoming even richer than Elon Musk. And I’m very certain that within the next 5 to 10 years, you’re going to see Michael Saylor maybe being at least 2 to 3 times richer Than even Elon Musk.

Anyways if you have that much energy power in wealth and bitcoins, you are not going to want to have anybody know who you are because realistically your life will probably be in peril.

Why Michael Saylor might be the most important individual of all time

Very simple thing… He has literally almost like tripled my net worth in the matter of three months? There is no other human being on the planet who has ever directly or indirectly did this for me?

And the reason why this is such a big deal is once again, now, as a consequence, the cost of living in LA becomes like a joke, really kind of not a big deal, I feel comfortable having 2, 3, 4 or even five kids.

Economic buffer

Another mistake that people make is that the point of becoming super rich is not to suddenly go out and buy a bunch of silly things. The purpose of the point is instead, to rather, live a more carefree life, less stress less anxieties less annoyance. Dropping $500 on beef ribs at Costco is just like a drop in the bucket.

Becoming more spartan

At this point the only money I spend on myself is my weightlifting equipment, my beef ribs, and maybe some new Vibram five fingers when my shoes fall apart. But besides this, I have like no use for money.

And once again, the goal is to build in stack capital, we all live in capitalism, not “moneyism”.

ERIC KIM CAPITAL a good ring to it.

ERIC KIM KAPITAL

What is the purpose for the joy of capitalism?

Ironically enough it is once again not really about consumerism, if you were a real capitalist, your joy is more in senior capital stack, not seeing it becoming depleted because you bought some sort of loser Ferrari or Porsche.

I’m still shocked; 95% of water in America, we are simply being baited along by having some sort of allure of some sort of luxury vehicle but isn’t ideal to be like a digital nomad, traveling to Japan and Kyoto, visiting the Hot Springs, or living this luxurious Expat life in Cambodia Vietnam or Thailand?

For example, my friend Todd Hata did it well, he sold his old house in the mountains in LA, and is essentially like on the road 90% of the year, jumping between Mexico City, Thailand, Greece etc. His passion has always been travel, and food and experiences, very wise.

Why bitcoin is good for everyone on the planet

Even if you’re the average American, most people cannot afford to purchase physical property. And once again, if you do the math, after homeowners insurance, Tax, fire taxes, stuff breaking, having to change the roof, getting a new washer and dryer or dishwasher, upgrading your kitchen, you’re going to bleed yourself dry. And not only that but I think being a homeowner becomes a new consumerist things; spent too much time thinking about how to break down walls to extend your home, build an ADU, update the kitchen whatever. Or expanding your garden, changing the flooring etc.

But don’t you realize that the best thing to do is just be in nature? Or just drive to the Huntington Gardens on the weekend, or just travel to Japan instead? In fact when you go on a flight, and you see all these little tiny homes From Birds Eye view, you realize how ridiculous the desire of homeownership is.

The new desire for bitcoin ownership

I think real estate will be the next sector that bitcoin gobbles up. The average GenZ person doesn’t care for buying a house, they want to just play pickle ball, go hiking and camping, go on road trips, buy the newest iPhone etc. Pursue their hobbies and passions.

Millennials, we are a funny basket case. We used to be like GenZ, wanting to travel to planet, become a digital nomad, etc.… But somewhere along the line, maybe because of Covid, we tried to settle down and buy single-family homes instead? Or condos?

Take it back to the beginning

I’m starting to feel like this is the early the Internet, AOL, AOL 3.0, you got mail, dial up 56K modems etc.

You got bitcoin!

I also like bitcoin because it is just easier to mentally and mathematically remember things. Easier to remember how many bitcoins you have on the top of your head, rather than trying to tabulate all the ones and zeros of all your fake fiat based assets?

Rather than thinking about your net worth, easier to just remember your net bitcoins;

Whenever I find out that somebody else is into bitcoin, I have zero issues asking them how many bitcoins they own. Why? Because it is still a relatively new field, it is awkward to ask people how much US dollars they have in their savings account, or checking account, Easier to just ask the bitcoin question.

And for me, even owning a single bitcoin is like for me, owning like a square block of digital Manhattan or Kyoto. You know these rich families that own huge plots of land in desirable locations? Yeah, that’s like bitcoin.

The new digital Beverly Hills

A single-family home in Beverly Hills is what like at least 5 million, 10 million, 25 million, 50 million? 100,000,000?

My personal projection is if you tag the price of a bitcoin to desirable real estate in the Brentwood Hills or something, just think about what the land is worth for the Getty museum. Or like owning a piece of land or property next to the PCH in Malibu. But actually if you think about it, the value of a single bitcoin is worth 1 trillion times more than even the best property in Malibu. Why? The dangers of owning physical property, landslides, Robberies, general maintenance. The fear that your housekeeper is stealing your stuff.

For example, how comfortable are you leaving your $200,000 Rolex just sitting around? Probably not very comfortable.

Consolidate all of your assets into bitcoin?

Bitcoin is the new family jewels. Take all of your scarce desirable assets like your Rolexes, your Leica, your Porsche and just buy bitcoin instead.

Because once again , to have any sort of physical property in the physical realm is a liability not an asset.

I’m starting to feel more bullish, increasing my target price of bitcoin to at least $55 million a coin. Probably higher.

So if that’s the case, if you took a $10,000 Rolex, and sold it, assuming that bitcoin is around $95,000 of bitcoin right now, even lower at 89,000 of bitcoin or even $85,000 of bitcoin, whatever it may… Is massive upside.

611x

The $6 million Rolex?

Just funnel your inheritance money into bitcoin

Once again, so many of these things are just liabilities. I hate the fear of having to remember where I left it, and whether it is safe, whether it was stolen or not or whatever. Rather than putting your scarce desirable things into a physical vault, isn’t it far safer for it to be in a cyber Vault, on the Blockchain?

The Blockchain is the new cloud

What is the Blockchain,? It is like the cloud on steroids, with 1000 X more security power and cryptographic security.

It took a long time for people to trust putting files on the cloud, or photos on the cloud, but now it seems like the obvious decision.

I think the reason why I like Coinbase is that rather than having to memorize some keys in my head and have a hardware physical wallet, and knowing myself I am quite forgetful, you don’t want to lose like $1 billion worth of bitcoin because you forgot your password. I think this is also where this is a huge opportunity for Apple; if we have all of our bitcoin passwords and keys linked to our iCloud account, certainly we will never stop purchasing Apple devices. Even bigger, if Apple makes their own bitcoin ecosystem to custody your bitcoin in your Apple ID wallet, This could actually disrupt the whole Coinbase market. Let us consider that most of us have Apple Pay already enabled, how easy would it be to just buy bitcoin directly from your iPhone using Apple Pay? And it could be simple, you could just buy 10 bucks here, 20 bucks here, 50 bucks here, 100 bucks here etc.

I don’t have an Apple credit card or bank account, but this seems like a good idea.

Let the markets go free!

I hate the weekends because the markets are closed. I would prefer a world in which my micro strategy stock could trade 24 7, 365, every day all day every day, on binance fidelity or something else.

Apparently in 1933, the way that the traditional stock market was structured was actually to legitimately create a cartel. This is like the almost the exact opposite of American values of freedom, self sovereignty and freedom.

Michael Saylor had a very interesting idea; why can you not own Apple stock directly on your Apple iPhone? There is nothing unethical about it. And technologically, we live in the year 2024 of course could be physically possible. Even the stock market is mostly driven by robots, you no longer have guys on the slips of paper. It ain’t like the Wolf of Wall Street. It’s like the wolf of cyber Wall Street.

Physical property has too many risk factors?

Even here in Culver City, kind of like peak LA, there are so many businesses which are getting shut down like even me and Seneca’s beloved shake shack, and even more shockingly today, chipotle.

If these trusted namebrand businesses are struggling in going out of business because we cannot afford to pay the rent or whatever… Isn’t this pretty bad?

And also, physical entropy. Once again, if you want a physical house, shit will always break and you’re going to have to be liable for it.

Intelligent rent leverage

If you have an amazing landlord who always fixes everything super fast, even put in brand new appliances for you, leverage and milk that forever.

Even we told our landlord that our washer washing machine had a little bit of rust in it, immediately sent in his team and installed a totally brand new Samsung washer and dryer , which might have caused like $5000 $6000?

Even another thing that was interesting, there were some palm trees which were growing on top of the roof, and he just sent in a team to get it all cut down and fixed up?

Even we had some issues with our electricity and water and water heater, once again he snapped his fingers and got it all resolved in a day or two, while me and Seneca having a fun adventure at the park.

Your Archimedes lever in life

For myself, my core competency is within writing thinking blogging vlogging etc. from an economic perspective it kind of makes no sense for me to waste my time having to manage a home and fix things.

I would rather manage thoughts ideas, big visions?

Start stacking today!

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Bitcoin is Solidified Happiness!

Do you want to be happy or happier, the best way to do it is to purchase accumulate and acquire bitcoin, like taking your economic happiness and energy, and putting it into an infallible bitcoin.

Why bitcoin makes sense for digital nomads

Nontraditional ideas

So for myself, I’ve always had a passion for nontraditional idea paths etc.

To be contrarian means to just go against the herd.

a vehicle is bad

Also pro tip, if you have peeling paint or something on your car, just order some 3M matte black vinyl vehicle wrap online, cut it yourself and just stick it on like a sticker! Looks very cool.

Lunar white

And also a lot of these fools don’t understand is that if you have a black vehicle, you’re going to get cooked alive in the summertime!

Make white cool again

The funny thing is actually… When I was a kid growing up, nobody wanted to own a black car. A sports car was universally red; everyone wanted the red Integra type R, with the gloss white rims.

Vehicles and society

I could care less about your four bitcoin Ferrari, or your two bitcoin Lamborghini. Or your one bitcoin cyber truck.

A lot of people don’t understand what this point is, they think that it is fake money. But no, bitcoin is digital cyber capital, which is 1 trillion times more profound as an idea.

Why do people even purchase real estate in the first place?

Traditionally, in the past, you only purchased real estate not for the utility purposes, but rather, as a long-term store value and or maybe income generation?

no property taxes

The scam of physical property?

This is kind of a scary thing… And it seems a little bit weird and unethical; if you own a piece of land, why do you need to pay taxes simply for the right of owning it?

Like for example if I own a gold bar, in this gold bar is my property, I don’t have to pay 1% tax on it, simply for owning it, forever?

Bitcoin is going to go out forever with volatility

Volatility is energy power and vitality and vigor.

Volatility is power!

Also, I am also very certain in the early days of fire, there must have been some caveman who were burned to death.

Bitcoin is the new fire

If you think about Satoshi like being Prometheus, who brought fire to the masses, isn’t this like the greatest blessing of all time?

It seems that Michael Saylor and the like talk about Satoshi with some sort of extremely deep reverence. Even I was shocked.

Also what becomes very interesting about bitcoin in general is that it definitely is starting to become like religious at this perspective. Like even beyond a cult. Religion.

Satoshi as the new Jesus?

The immaculate conception of bitcoin, Satoshi, giving this gift to humanity, and essentially disappearing forever.

Anyways if you have that much energy power in wealth and bitcoins, you are not going to want to have anybody know who you are because realistically your life will probably be in peril.

Why Michael Saylor might be the most important individual of all time

Very simple thing… He has literally almost like tripled my net worth in the matter of three months? There is no other human being on the planet who has ever directly or indirectly did this for me?

Economic buffer

Becoming more spartan

And once again, the goal is to build in stack capital, we all live in capitalism, not “moneyism”.

ERIC KIM CAPITAL a good ring to it.

ERIC KIM KAPITAL

What is the purpose for the joy of capitalism?

Why bitcoin is good for everyone on the planet

The new desire for bitcoin ownership

Take it back to the beginning

I’m starting to feel like this is the early the Internet, AOL, AOL 3.0, you got mail, dial up 56K modems etc.

You got bitcoin!

Rather than thinking about your net worth, easier to just remember your net bitcoins;

The new digital Beverly Hills

A single-family home in Beverly Hills is what like at least 5 million, 10 million, 25 million, 50 million? 100,000,000?

For example, how comfortable are you leaving your $200,000 Rolex just sitting around? Probably not very comfortable.

Consolidate all of your assets into bitcoin?

Bitcoin is the new family jewels. Take all of your scarce desirable assets like your Rolexes, your Leica, your Porsche and just buy bitcoin instead.

Because once again , to have any sort of physical property in the physical realm is a liability not an asset.

I’m starting to feel more bullish, increasing my target price of bitcoin to at least $55 million a coin. Probably higher.

611x

The $6 million Rolex?

Just funnel your inheritance money into bitcoin

The Blockchain is the new cloud

What is the Blockchain,? It is like the cloud on steroids, with 1000 X more security power and cryptographic security.

It took a long time for people to trust putting files on the cloud, or photos on the cloud, but now it seems like the obvious decision.

I don’t have an Apple credit card or bank account, but this seems like a good idea.

Let the markets go free!

I hate the weekends because the markets are closed. I would prefer a world in which my micro strategy stock could trade 24 7, 365, every day all day every day, on binance fidelity or something else.

Physical property has too many risk factors?

Even here in Culver City, kind of like peak LA, there are so many businesses which are getting shut down like even me and Seneca’s beloved shake shack, and even more shockingly today, chipotle.

If these trusted namebrand businesses are struggling in going out of business because we cannot afford to pay the rent or whatever… Isn’t this pretty bad?

And also, physical entropy. Once again, if you want a physical house, shit will always break and you’re going to have to be liable for it.

Intelligent rent leverage

If you have an amazing landlord who always fixes everything super fast, even put in brand new appliances for you, leverage and milk that forever.

Even another thing that was interesting, there were some palm trees which were growing on top of the roof, and he just sent in a team to get it all cut down and fixed up?

Your Archimedes lever in life

For myself, my core competency is within writing thinking blogging vlogging etc. from an economic perspective it kind of makes no sense for me to waste my time having to manage a home and fix things.

I would rather manage thoughts ideas, big visions?

BIG BIT THOUGHTS.

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BIG BIT THOUGHTS 6 Download

I don’t think I know any human being on the planet who doesn’t want to be rich, or tries to increase their worth their net worth etc.

Doesn’t matter if you’re an investor, work for a charity, a church etc. Money and capital are critical, it is like our economic life blood.

For example, maybe you should think about blood. Blood is a critical and essential. Nobody could survive or thrive without blood.

Now imagine… That somebody is taking your help four-year-old child, in drawing a pint of blood from them a day. What is going to happen to the health of your kid? It will severely stunt his growth, or positively kill him.

Another thing… Imagine like you’re eating only rancid food your whole life, and the theory, you’re not going to die from it, but… Ain’t nobody want to eat rancid food.

Or, let us assume that you’re consuming certain foods to just keep you alive, like beans, but everyone knows that beans cause flatulence, even an ancient Roman times, and technically raw beans are toxic. Lagoons, naturally do not want to be eaten or consumed. And therefore the toxic shell membrane they create is probably to ward off predators. And we clever humans, devised of ingenious ways to boil the shit out of them, just simply make them edible and not kill us. And the truth is, if you only ate beans you would not die, but… If you want to be the most demigod of them all, obviously you’re not going to be some sort of poverty person just consuming beans for some sort of strange higher altruistic purpose? Instead, you feast on the finest the bone marrow, the finest lamb ribs, just think about the hut of Achilles, what did he eat, and feed his guests?

Building empire on true capital

You know how they talk about life before Jesus life after Jesus, BC and AD… I am quite certain that a similar concept will happen with Satoshi. Like before Satoshi, life BS (before Satoshi, haha sounds like BS), and life AFTER Satoshi (AS).

so the issue with being a modern day human or even American is that so much of the economic policies are obfuscated from the general public. For example. When I was in Saigon, in Vietnam off the grid, I had some time to critically think about economic theory and the like, to really try to critically understand on how currency is printed, made dominant around the planet, supported by US military force etc.

In fact, if you think about the whole American the US military complex, it is basically focused on pumping money into the military industry, in order to assert military dominance on the planet, so all the weaker nations will have to force to use our dollars and accept and use our dollars, And also… America being able to pile on infinite debt obligations, knowing that she never intends to pay any of it back.

Trillions of dollars of debt?

So if we think about that, we know about debt in context of just being a normal human being, we don’t really know and understand debt in terms of an American national policy.

For example, as a human being there’s a certain point in which numbers don’t really mean anything anymore. For example, I told you that the American national debt was 900 trillion, 45 trillion, $10 trillion, $18.3 trillion, would you be able to really understand or grasp this? Of course no!

We daily humans, assume that you’re making like I don’t know 40,000 60,000, $80,000 a year… Which means maybe let us say that after taxes you’re pulling in like five to $6000 a month. If this is the case, the law of large numbers; at a certain point certain numbers don’t really mean anything to us, nor are they connected to reality.

For example, the average American has never seen $1 million in their checking account or their bank balance, let alone 10 million, 100 million, 1 billion, 10 billion, 100 billion etc.

There is a certain point in which numbers, ones and zeros, don’t really register in our brains.

Math and numbers are not natural

I always make the joke that I’m an Asian who is really really bad at math. And even now I am.

And ironically enough, out of all my friends or typical normal human beings I know, besides Elon Musk and Michael Saylor, I am like by far the most successful innovator entrepreneur and investor of all time. I know no other human in the flesh who has stacked as many bitcoins as I have, and pretty much for the most part I never had to ever or I never panic sold any of my bitcoin. Besides selling some bitcoin like three years ago to just max out my Roth IRA contribution for the year, which ultimately I guess was a good idea because that money went into microstrategy MSTR, which is growing at an alarming rate, – fortunately I had the wisdom of Odysseus; covering my ears and eyes with digital beeswax.

Zen training

About it, in hindsight, maybe one of the most interesting things I did was quit email in the year 2017. I might check my email like every six months or so for like authentication codes to sign into random portals, but besides this, I no longer really use email as a form of communication. If I’m doing like a workshop and I need to communicate some sort of critical information, then I’ll just copy and paste a bunch of emails, linked to Google sheets or something to send out a Zoom link or something. But besides this, email is really kind of a not good form of communication. Let us consider, i’m almost starting to feel like sending emails like sending a fax in the year 2024. I actually find it 1 trillion times more better to just FaceTime people as needed, — just think about it… All these sci-fi movies in the past, when they communicate with some sort of computer or AI, how do they do it? When you’re chatting with Jarvis it is all just a voice, and then you do the 3-D hologram thing with your hands like Tony Stark. Or if you’re Tony Stark in the Iron Man suit, what do you do? You talk to Jarvis naturally, when Jarvis is inside your helmet. In fact, I believe that the original Iron Man might be one of the best films of all time, I intend on watching it again.

Anyways, once again, there is no exciting movie which is actually about somebody taking out a phone like an iPhone and either sending you a text message quietly, and or, sending a long tedious email? This will not make a fun movie.

Anyways, as a consequence, I think the best concept is thinking about information information flows more critically, harder stronger faster. But knowing how to filter it.

The first idea is Twitter and X. It might be the world‘s newest most valuable and only useful social media platform, now that Elon Musk runs the show, and I’m like 1000% Elon, it is really truly the best and only place to get critical information about financial news etc. My thought is traditional news outlets will die a slow gradual death, just like blockbuster.

It’s funny, because I remember when I was in college, and I already saw my roommate Kevin ordering Netflix DVDs in the mail, which at the time I thought was very bizarre, but I knew that blockbuster was on the way out. I wanted to short blockbuster, but eventually did not because I just didn’t know how to do it, even now I’m not quite sure how to short a stock, it just seems too complicated.

Eric Semler

ERIC Semmler, one of the head honchos at semler scientific, is also on the bitcoin standard, using bitcoin yield, BTC yield as a measure of positive performance.

Funny enough he also shares my name.

Anyways, I listen to an interview between him and Natalie Brunel, and something was interesting was ERIC who has been in the game for a long time, the century said that shorting stocks is actually really really difficult and very rarely profitable. Rather a lot better to instead, to just go along in a positive way for a stock. And also I agree from a philosophical perspective, voting on the success of something, and voting on the success of a stocking company, to me almost morally an ethically feels superior; the reason being is that it just feels more positive and constructive. And also it might be more profitable?

Optimism and positivity is more profitable

Investing in bitcoin is kinda good for everybody, even if you’re like kind of anti-establishment, anti-capitalism… Bitcoin is a positively good thing. Why? If you invest in bitcoin and you purchase bitcoin, and you put yourself in your family on a bitcoin standard, the upside and positivity is that You are essentially giving a middle finger to the establishment, the “man”.

For example, anybody who is a non-conformist, punk rock, into rapper hip-hop culture whatever… Steve Jobs follower, etc., should be for bitcoin. Why? Because once again, it is anti-mainstream!

Even now, bitcoin is pretty much mainstream now. Whenever you check any of the news channels, what is the best news all the time, all day every day? Bitcoin! It is the only interesting news which is happening on the planet, and will always be the best news of all time.

In fact, my thought is ultimate new most important media people personalities etc. will be essentially people who work in TV Cinema media rappers podcast musicians bloggers vloggers thought leaders who philosophies and create content about bitcoin.

First, Bitcoin is like the new iPhone. except the upside is that instead of every six months or a year or a year and a half, bitcoin is getting updated, all day, every day, every minute on the planet.

So for example, with the iPhone and Apple… All these Fan boys just jerking off to Apple rumor news, waiting for the next next next next big thing to come out that will totally change and revolutionized their lives creativity etc. But, come on guys, we’re all technologists here and digital natives– don’t we already know that the solution is staring in our face, bitcoin?

Why would a tech person be anti Bitcoin?

If you’re the type of person like you always want the newest iPhone Pro, Tesla, cyber truck, iPad Pro etc., isn’t also the same ethos be that you should always want the newest monetary technology which is bitcoin?

Once again, very bizarre.

Let us say you work at Apple Amazon Facebook Google Meta etc.… And your program or a software engineer, a developer, or somebody who works “tech”– is there any irrational reason you should be anti-bitcoin? No!

I would say maybe the only negative downside is if you work in tech and you are a lemming. Even now Reddit is dead; if you’re still on Reddit, you’re not it.

Also, maybe the issue here is that you’re kind of old enough now, and you’re kind of mildly successful, but maybe the issue here is that too much of your net worth is tied into your company dog? Just sell it guys, buy bitcoin instead, And or just buy micro strategy MSTR stock instead.

The goal is to retire early isn’t it?

It doesn’t matter if you’re being paid like $10 million a year at Apple Amazon Google Facebook, nobody actually wants to be there. Maybe besides Tim Cook?

Let us consider, all of the innovators have left Apple. Jony Ive, and some people that I know who was in the head of the Apple Photos team.

The only ones who have stayed at the big companies is that maybe, they’re stuck in a rut, maybe they have a mortgage to pay or something.

Never have a mortgage

If you do the maths a mortgage is actually insanely expensive like 10,000 or $11,000 a month? To even pour more money into a sink sink hole, which has true negative yield? A very very bad idea.

It’s almost like it’s super cold outside, and you want to warm up by taking a nice hot bath. Can you turn on the bathwater, and you put up the plug, but, you kind of either leave the drain plug unplugged like halfway, or, You have it totally unplugged. So even if the water faucet is strong and the water is flowing into your tub at a quick rate, the rate in which the water goes down the drain might either be equal or lower than your input of water.

So maybe the same thing with income, like inflow, or like flowing hot water. Assuming you want a nice hot tub of water, you want to drain the plug, stop the plug, stop it up 100%, and you want the hot water to rise and fill! Maybe we should think about the same thing with investing, and money leverage,

Stop the water loss!

Ways in which we lose our economic water

We lose it when we have a mortgage on the home, and even a more pernicious thought; property taxes. Like let us say you buy that $2 million home in all cash, you’re still gonna be paying like 2500 or $2600 a month and adjust property taxes, which almost like attaching a leech to yourself which no matter what, the leech just sucks the blood out of you with no benefit to you.

Now I am all for taxes, taxes are good. Yet, because I’ve just rented my whole life, property ownership home ownership even owning a single-family home seems like such a scam; you buy the lot for like $1.1 million, you add an ADU additional dwelling unit in the back for like $350,000, and then you try to flip it for like $200,000 More? Isn’t it just way easier to just buy bitcoin instead?

Time cost to capital

The big reason is the cost to capital; all the headache and time to find the contractor to build the house, fix it up, renovate it, dealing with permits and all these headaches; and also your time cost to capital; so much time and headache and communication back-and-forth, is not really worth it.

At this point because I’m dumb rich, to me the finances and the money aspect doesn’t really bother me, more of my concern and fear and dread is about having to deal with some sort of degenerate contractor, who buy the laws of physics and entropy will always be Late, more expensive, and will probably take one or two years longer than you expect.

don’t trust contractors

If you plan on doing the home thing, maybe the best idea is just approach things as if you will never hire help or a contractor? Then this way it could become more of a creative endeavor, and also, you know that you will never blame anyone else but yourself?

Even like changing your own oil, the virtues of changing your own oil is pretty funny; I hate feeling ripped off, and I always feel super stupid for paying somebody else to change my oil. Even though it’s a huge pain in the butt for me to do it myself, I just have like 1 trillion times more joy and pride that I changed my own oil in my 2010 Prius, With mobile 1 full synthetic, and a K&N performance oil filter. It’s funny when I drive, I always have a huge grin and sense of pride on my face because I knew that I changed my own oil, 1 trillion more times happiness than even maybe driving a cyber truck or a Lamborghini? Nobody cares about your four bitcoin Ferrari; Once again, what I find so disruptive is that now… You will feel more joy pride and happiness to own the bitcoin, because you will always remember the number in your head in your mind, and you’ll always smile when you see the price exploding, rather than being stuck in a Diluted asset, whether does that be your yacht, Ferrari or Lamborghini. Or even your Porsche.

If you really want to be happy, the optimal strategy assuming that you like own more than one car, or you don’t really need some sort of expensive performance vehicle that guzzles 91 octane gas, then I think optimal strategies to sell the extra car, and just buy bitcoin! In fact, if your goal is to actually make more money to upgrade to the next car, a funny strategy then is to just invest in bitcoin, write it up, make a shit load of money, and then just sell some of it later, to buy your next car.

Free open source introduction to bitcoin online zoom workshop

I’m super excited, the first time ever, I’m doing a free online open source zoom workshop, and don’t worry I will record it and post it later and share it with you because I feel like this is my new ethical imperative.

I’m going to do it December 14, Saturday 10am to noon, Pacific time LA TIME.

to register for the workshop to get the Zoom link, just fill out your email informed here, and before the workshop date, maybe like a day prior or so, I’ll email you with a Zoom link.

FREE BITCOIN WORKSHOP REGISTRATION FORM

You could also see some more details here.

Essentially my vision is I just want to do a soft introduction to bitcoin the philosophy of it etc., the first hour hour and a half will just be like introductions and my lecture, and then I will leave some time at the end for questions and answers. It might go a bit over but whatever.

It will be totally 100% open and free, and also open source, so feel free to send the link to your friends, your mom or your dad who doesn’t really understand bitcoin, also I am fluent in Korean and Vietnamese, and also Spanish if you have some sort of bilingual parents you want to bring along.

> FREE BITCOIN WORKSHOP REGISTRATION FORM

You could also see some more details here.

Also,

ERIC KIM WORKSHOPS >

How to get started

Michael.com or hope.com
Follow @Saylor on Twitter x
Read “The Bitcoin Standard”– basically it is a soft introduction to monetary history, which is super fascinating
Watch the whole “what is money”, series with Michael Breedlove and Michael Saylor.
If you want to learn more about monetary philosophy, read the Emily Wilson translation of the Iliad, and think about how is it that in the world before money they were able to function just with oxen?
Google the free PDF of “Della Moneta” by Fernandinho Galliani — probably the most interesting book I’ve read on the philosophy in history on money, published like 300 years ago.

More thoughts to come!

EK BLOG

EK NEWS

And also whenever in doubt,

START HERE >

The Ethics of Bitcoin

I’m warm as a mother fucker!

Heat loss?

So currently random thoughts;; about thermodynamics and heat loss. Assuming that energy is not created nor destroyed, what that then means is if we think about shit hit loss, is that technically your body is already a perfectly thermal regulated closed system. This was really really hard for me to understand when I was young, even now… The idea that when you put on a thick ass warm down jacket, or a Canada goose jacket or whatever, your body is not “creating” heat“, rather it is just preserving the heat inside your body so that your body is not losing heat.

The best way to warm up your house or home or habitat or habitation

Los Angeles is actually kind of bizarre; on one hand, during the day like yesterday, it was an extremely glorious 71, 72, 73°, absolutely beautiful. And this is like the end of November, practically early December? I still recall when I was a undergraduate at UCLA, walking down Bruin walk, and being shocked that in the middle of December, I saw all these pretty and sexy girls walking down Bruin walk, in tank tops, Spaghetti straps, booty shorts?

Even yesterday, seeing all these happy young people, basking the sun, once again, all these beautiful and pretty girls, just wearing black Lululemon tights, and black Lululemon top sports bras.

Anyways, the thing that is really shocking to me is that night it gets cold as shit. Like I think in the evening, Los Angeles could dip down to the high 30s? Like if it is super super late or super super early before the sun comes up, it is like 38° outside? But when the sun comes out, it could be a beautiful 73°?

Anyways, but that then means is that for your apartment your house habitation or whatever, the number one critical thing you do is just seal up the doors, get rid of the holes the drafts, etc., and just prevent heat loss!

For example, probably one of the most joyful things for myself at least, was the glory of living at this really really wonderful high-rise condo building, the edge in Providence Rhode Island. The apartment was super super tiny, feels like a 300 square-foot studio, at the time it was just me and Cindy, but what I personally loved about it, then seeing an extreme joy that had was my room the room, the whole apartment, the whole apartment building and complex, and also even the gym, Was like always a perfect 72° and warm, idregardless of whether there was a snowstorm outside. I still remember, complaining to Cindy that I was too hot in bed, taking off my blankets, complaining that was too sweating, and then just looking outside and seeing that it was snowing outside.

Anyways, I think the thing that is difficult to think and understand is that if you buy these nice single-family homes, and then it gets cold as shit at night, good luck trying to thermo regulate it.

I don’t know maybe I’m more sensitive to the cold than the average person, because I’m like 5% or even sub 5% body fat; which means is that I fucking hit the cold. To me Cold is evil.

What that means is anything that you could do to prevent heat loss or the cold is a good thing. And that just means if you’re cold, just buy really really ultra warm UNIQLO heat tech tights, which actually worked insanely well, as well as just like put on a merino wool long sleeve, a down vest, and a thick ass down jacket.

Just focus on doing what you’re good at

One big idea I had was in regards to an Archimedes lever– just focus on what you’re super super insanely good at, and just ignore everything else.

What that means is with houses, housing stuff, etc., the ideal is that you never have to muck around with any housing stuff.

For example, I like the idea of leveraging other people, like what that means is just let other people focus on what they’re good at, for example, things that I’m not good at include like doing anything about house stuff house repairs house maintenance etc. I think the unfortunate trend is post Covid, you had a bunch of successful millennials, kind of like myself, in their 30s, late 30s, early 40s, etc. purchasing single-family homes, and like hunkering down during and post Covid, because people can no longer travel to Japan or whatever, they just spent all the money they would have otherwise spent on travel to purchase a single-family home, get into gardening etc.

Yet, that was like 2020, 2019. Times have changed.

We are now, witnessing this new movement, a totally radical paradigm shipped, even words failed to describe how phenomenally epic this all is.

Essentially bitcoin hit $100K yesterday, or maybe in the middle of the night, or like to be more accurate like $99,510 or something, but it’s funny when you look at the prices, you have all these short sellers trying to short bitcoin and microstrategy, I think there’s actually a new ETF which is minus 2X MSTR (MSTZ), which long story short, is trying to make a huge profit off of the downturn of MicroStrategy and bitcoin. So for all the bulls, all the people who think bitcoin and micro strategies going to go down, they are essentially shorting bitcoin and microstrategy.

You cannot stop exponential growth even if you want to.

This is starting to feel like the early days of Facebook like I still recall the early days of Facebook in which there was no newsfeed. I made an account when I was like a freshman in college, because at the time Facebook was only open to university students, you needed a “.edu” account to even sign up. And the growth was pretty astronomical. At first it was just like university students, I still remember the early days where you would flirt with girls you liked by “poking” them. There was not yet any direct messages you could only post on the walls, which was 100% public. Even at the time, Mark Zuckerberg said that advertisements were lame, there was no newsfeed, no ads. You actually had to click into somebody’s profile to just check up on them. There was no status updates really yet,

iPhone, iMessage, even Kakaotalk?

How do you know if somebody is Korean or not? Simple, if they have kakaotalk, and or if they have that little bright yellow chat icon, and the sound of a notification sounds like “Apple!”

Also they’re funny things, the Japanese only use line, Cambodians only use telegram, Europeans use WhatsApp, Americans we tend to just use Facebook messenger and or Instagram direct message and or text messaging iMessage?

Anyways, do you remember when the iPhone first came out, and everyone was riding on it, and apparently there was a lot of industry people, who obviously were a bunch of idiots, who said that the iPhone was going to be a failure because it did not have a physical keyboard like the popular blackberry at the time.

And this is the genius and vision of Steve Jobs; he fought nail and tooth to ensure that in fact, the iPhone would never ever ever have a physical keyboard, and that the genius of the iPhone was it was able to become all screen, and that if you wanted access to a keyboard you will just use the little virtual keyboard instead.

Think the original iPhone

so do you remember, the original iPhone, the iPhone 3G, didn’t even have copy and paste! It was very very basic and rudimentary; but still… Like probably the most important product innovation and technology of all time.

Even I went to the Mr. brainwash exhibition in Beverly Hills Rodeo Drive a few weeks ago, and I really really liked this painting an image of Steve Jobs, as like a digital, Silicon Valley cowboy, his gift of the iPhone iPad etc. was like the best gift of all time.

The gift of fire

So obviously life with fire is better than life without fire.

Same thing with electricity. And water.

You could waterboard somebody, and kill a man with water. Also, you can electrocute and zap a man to death with electricity with the chair.

You could obviously burn a man alive, as well. Or you could use sashimi knives to kill somebody, better to use the sashimi knife instead to just make yourself some delicious ribeye.

Once again, fire is good, a stove oven is great. It makes cooking beef ribs a lot easier.

A lot of people hate on Apple and Steve Jobs and iPhone saying that it is destroying the minds of our youth whatever. But once again, it is like fire; if you use fire irresponsibly you can kill yourself and others or the whole village, but if you use it responsibly, it is like the best thing of all time.

Bitcoin, today, is like the early iPhone?

An analogy I don’t think no one has really done yet; realizing that bitcoin right now, might be like the iPhone in the early days?

With the first iPhone, no one was quite sure what to do with it, what the function or utility of it was. Then do you remember that that huge aftermarket market exploded, with the ability to strap on that external battery pack to the back of your iPhone to give it more charge?

So I also think that with bitcoin we will see a similar surge. We will start to see a huge third-party after market market explode.

For example, even the huge after market for iPhone cases is still quite robust.

Why is bitcoin the ethical option?

Immaculate conception of bitcoin. As somebody who is raised and born and baptized Roman Catholic, I really really do see some strong metaphors and analogies for bitcoin, Satoshi, and thinking of bitcoin like a new religion, a new economic religion?

The general idea is that bitcoin is phenomenal because bitcoin does not require a PR team, a marketing team, a foundation, or some sort of nerdy loser leader.

So for example, I’m like 100% Elon Musk, but the reason why Dogecoin, and all these other meme derivatives are positively bad is because they are backed on the charisma or the fashion of a single individual. If Elon Musk just randomly dies tomorrow in a rocket ship accident, I’m pretty much sure that the price of Dogecoin would go to zero.

Also, the reason why I got off of chain-link, and went back 100% into bitcoin was that I started realizing that invested parties in chain-link started using Sergey Nazarov as a puppet, trying to get him to stoke up investor confidence to pump up the price of chain-link. But even as bitcoin is pretty much $100,000, even chain-link has not hit the record high of like $50 or $55 a chain-link.

False prophets

Vitalik Buterin – yeah I don’t trust the guy. Look at him he’s like the ultra uber nerd. Something that what people don’t understand, like if you read the original Ethereum white paper is that the proposal of Ethereum from Vitalik was that bitcoin had too many problems, and that he was there to solve it, and that Ethereum would fix all the problems of bitcoin.

Even a thing that I was into for a bit was digibyte, DGB, which was essentially like imagine the silver coins or the copper coins of bitcoin. The idea was bitcoin was too slow for transactions, and that gigabyte was like 1 trillion times faster, making it more suitable as a daily cryptocurrency transfer thing.

Anyways, I think time is shown that everything that was not bitcoin has failed. Kind of like Thomas Edison, and DC electricity, AC electricity apparently better than a lot of records, but because Thomas Edison had more marketing chops, I guess he won.

Another analogy is that like bitcoin is like Tesla, and bitcoin has the world bitcoin network which is like the Tesla super charging network; honestly, I don’t think any human being should ever buy any electric vehicle which is not a Tesla. It’s like deciding to live in mainland China instead of living in America. Or choosing the Chinese yuan over the US dollar.

Another analogy; bitcoin is like Gatorade, I don’t even know what number two is? Powerade?

Or, bitcoin is like having the newest iPhone Pro, desert titanium, and Ethereum is like a Google pixel or android Samsung derivative; nobody wants it.

Or, bitcoin is like Coca-Cola, and Ethereum is Pepsi. Nobody wants Pepsi.

Or, bitcoin is like Nike and or Jordan, and Ethereum is Adidas. Adidas was only cool for a minute because Kanye West endorsed it and created his Yeezy line, but now that Kanye has dipped out, nobody wants Adidas anymore.

Or, bitcoin is like McDonald’s, and Ethereum is like Burger King. Nobody wants Burger King.

There is no second best

I think with choosing a life partner, a wife, having a kid your kid etc., is understanding that there is no second best.

I look at the whole field of crypto, and crypto derivatives, essentially I think the best way to think about it is that like everything that is not bitcoin is just an Ethereum derivative; which is like building your kingdom on cotton candy or quicksand.

Bitcoin is like the solid asphalt which is beneath Manhattan. But in Cypress space which is like 1 trillion times more secure.

Getting paid $2000 an hour

So let us assume that you’re getting paid 20 bucks an hour, if you’re on the bitcoin standard, and if you’re pouring all your moneys into bitcoin, then, in theory you are getting paid $200 an hour, or $2000 an hour.

Also some other analogies; if you spend like $1000 on a new iPhone, that’s almost like spending $10,000 on a phone, or even worse, $100,000 on a phone. Or even worse, $1 million on a phone, assuming that bitcoin Will 10 X, 100 X, 1000 X, or even 10,000 X from here.

So why does this matter?

Assume that your whole life, you yourself as a child, you were only fed sewer water. And you’re always sick, and full of cholera, and you have no idea why you’re always so sick, and feel so unwell. And then you have a kid and do you think the sewer water is safe, and you start feeding your kid the sewer water! What is going to happen to the health of your kid?

This analogy is good for money, and capital and thinking of bitcoin like the first 100%, God inspired, perfect money. And also perfect capital.

Bitcoin is both money, and capital? And cash?

The hard thing with the real estate like if you own a square block in Gangnam, or Shibuya, or Ginza, or fifth Avenue in Manhattan, is that you cannot immediately liquidate like a 10th of your property to buy a cyber truck or a cup of coffee.

The really interesting thing about bitcoin is that it is both property like digital property like owning land, and also it could in theory be used as money and currency.

My personal thought is that owning a single bitcoin is like owning a single family home. Assuming that the price of a single-family home in Culver City is $4.4 million, for a tiny awesome minimalist house, then my personal thought is the price of a single bitcoin should be worth at least 4.4 million, Maybe 10 X or 100 X. Why? $440 million a bitcoin; my current price target.

My very simple idea is that if you own a single-family house, in a locked piece of land, you cannot move it, it’s not like a game of the Sims or Minecraft; but with bitcoin, you can!

Minecraft economics

I find this to be really fascinating because once again, bitcoin is like Minecraft capital and money. If you have ever seen a child or a teenager on Minecraft, you will be shocked to see how phenomenally imaginative they could become, when there are no longer restricted by time, money, access to capital, the laws of physics, space etc.

I been thinking about cyberspace is kind of difficult to imagine because it is like 1 trillion times more expensive than land, Joshua tree, Yosemite, the desert, etc. Like if you watch the movie Dune, and you see the infinite sands, infinite desert, imagine like that but times 1 trillion. Why? Space cyberspace is not limited by the laws of physics.

***

I bought every V 12 engine, wish I could take it back to the beginning

This is like year one, or year zero of bitcoin. Now that you see CNBC practically on fire with bitcoin, bitcoin options, bitcoin derivatives, and now that ibit the black rock bitcoin spot ETF practically owning close to 1 million bitcoins now, that means is this is a massive paradigm shift. It’s like going from horse and buggy to Tesla model S plaid.

Don’t trust the zombies

I was watching an interview with Natalie Brunelle and ERIC Semmler, and ERIC was talking about how his company semler scientific was the century like a zombie company. But when they took out the skeleton, and re-infused it with adamantine skeleton, like what they did to Wolverine, their company spring back to life with 100 X vigor.

Once again, if you’re living in the hood, drinking sewer water, Fanta, and McDonald’s hamburgers, and you have the option of living in beautiful Culver City, surrounded by trees, happy people the sun, fresh air, and the finest organic food and meats from Erewhon, wouldn’t you want to make the swap?

Why the red wave is a big deal

Michael sailor currently put out a presentation on the red wave, at Cantor digital. The general idea is that now that we pretty much have a 100% Republican red party and government and Senate, this is insanely phenomenal news for bitcoin.

Why? Senator to Cynthia Lummis is proposing the bitcoin act, which is that America sells a bunch of her gold notes, and uses that profit to buy bitcoin.

This is kind of a big deal because then, maybe, we could actually revitalize the US dollar and essentially maybe even reverse inflation, because if we pack the US dollar to our bitcoin reserves, what that that means is our country will become super fucking prosperous? Like we’re going to be showered with so much money and wealth, we’re going to be like “too much wealth and prosperity! Please no more!”

Also, even though I’m pro bitcoin and anti-crypto and everything else; you’re going to see a huge crypto Renaissance, because note, Trump’s kids his sons are actually actively in the crypto space; and even Donald Trump accepted a Donald trump NFT, which sold out like in a minute. So you’re going to see a massive boost to Bitcoin and the whole market.

And also, all these meme coins, I’m quite anti it because once again, they’re backed by nothing but popular ideas, and charismatic individuals. The difference of bitcoin is that it is backed by like $1 trillion of real capital; which means like already… Over $1 trillion of real money has already been put into it, and what is defending the bitcoin network is like maybe 100 X the computer power of even the US military and Navy.

If America was super smart, because we want to be #1 forever, we would want to stock pile our bitcoin reserves, to make sure that no other country could even come close. Because what people also don’t understand is the point is like cyber defense as well; if you have a wall of encrypted energy, it is essentially hacker proof, you cannot have malicious Chinese people trying to hack the network.

What drives me?

Once; super simple; growing up poor, having a dad addicted to gambling, my mom working like two menial labor jobs cleaning houses and waitressing, working at a gas station or convenience store just to pay the bills, yeah this was pretty bad.

As a consequence, I don’t know I feel like financial independence, financial freedom might be the peak virtue. Like 1 trillion times more important than anything else.

For example, art photography aesthetics ethics and the like. You could only only privilege yourself to these luxuries only if you are financially healthy. And economically healthy. If you are economically sick, you can’t do nothing.

I think the big problem is that a lot of conservative often criticize and critique people for staying poor, but, can you complain and blame people for being constantly sick, if they only have access to sewer water?

“I grew up in the era when clean water was only served to the fairer skin” – Ye

Once again, imagine like we’re living in a postapocalyptic, dystopic world and reality in which only rich people or a certain race of people are allowed access to clean water. And clean air and clean food.

Imagine like you’re giving people maggots to consume. Or like an episode of Snowpiercer, the poor people in the back of the train being fed the “protein bars“, which is essentially grinded up bugs.

But imagine, you could be in front of the train, eating the finest ribeye steak, the finest sushi etc. That is what bitcoin is!

ERIC

Thinking like an engineer

So one of the really fast things I learned from Michael Saylor in his last interview with Natalie Brunell at the end what is what was misconception about him; and he said, the greatest misconception was that Michael Saylor was a traitor, but the reality is… He’s an engineer.

What is the difference? Well the general difference is that an engineer, do you think about things first principles, use stare deeply and analyze deeply into the true nature of things, and what that then means is you understand the true nature of things.

Then I guess, I kinda do think like an engineer, carte blanche principles.

For example, so much of this modern day BS about almost everything, seems to be mostly a social problem. Sociology, maybe could also be understand as the sociology of engineering, also social engineering?

what does it mean to think like an engineer?

So once again, if you understand Leonardo da Vinci like the Golden standard of an engineer, somebody who is part curious, partially playful, kind of like imagine a big kid on steroids; infinite curiosity about everything. Maybe also… I’m like the next Leonardo da Vinci, but a lot richer And far more jacked?

Even the problem of a Leonard da Vinci, I still think he got his patronage from the Medici’s? Which means that he was not financially independent; and the truth is ultimately, without personal financial independence, you cannot really really have 100% true freedom and power.

Bitcoin as solidified happiness

I might be the first to thought this; what is bitcoin? To me it is like solidified happiness. If you took all this economic power energy joy and happiness, and you could solidify it into a thing, to me that would be a bitcoin.

For example, every time I see my bitcoin balance swell, and become greater, it brings a huge smile to my face, a huge voyage grin to my face, whatever scenario.

And then also then the thing is… The bitcoin is like almost kind of imaginary. Like doesn’t really exist anywhere in the physical realm, it only exists in cyberspace, your mind.

So for example, if I want to prove to you my bitcoin balance I can just take out my phone or iPad and prove it to you immediately… So I guess this is the cool thoughts; now that I’m super fucking rich and powerful and godlike glorious, I could just walk into any sort of Lamborghini or Ferrari or Porsche dealership, and just automatically assume and demand a test drive!

And also the extreme joy, I could just handle and touch everything, and fuck with stuff, like I own it. Because I do

Innovative Solutions

Engineer a better planet?

Engineering a better solution

So I just listened to the new interview with Natalie Brunell and Michael Saylor and something super super interesting at the interview at the end was about how Michael Saylor is misunderstood; and he said “People think I’m a trader, but I am an engineer”.

What is the difference? And also what is a speculator?

So I suppose, first, bitcoin is the 1000% perfectly engineered solution to perfect godlike money. if Zeus came from the heavens, and told us near mortals “no no no, you no longer need to sacrifice hectacombs or heads of oxen to me, just buy bitcoin instead,”– same concept.

Or, if Zeus came down and said “I shall create 21 million cyber oxen, in cyberspace, and there shall ever ever only ever be 21 million cyber cattle in Cypress space, and this bowl will be immortal, indestructible, cyber, and shall live forever “,,, wouldn’t you want to own one of these godlike oxen, or a fraction of it? Like apparently these hipster things in which you could do something like you could all chip in money for part ownership of a cow, and when it gets slaughtered, you get like 10% of it?

Maybe the same thing as with bitcoin. Like let us say that one bitcoin is like one cyber ox, and by buying 10% of a bitcoin you could just buy like the head, the rear leg, the top sirloin in the bottom sirloin, the brisket, etc.

Cyber Capital

Michael Saylor talks a lot about this notion of digital real estate, digital capital as like a cyber Manhattan. So for example, if you could buy like one square block in Manhattan, a full square block, on fifth Ave., what is that worth? Like $200 million?

If you think about it, bitcoin is like 1 trillion times more valuable than even physical Manhattan, because it is global, decentralized, and, in cyberspace! It shall never degrade, perish, and you never have to pay taxes on it.

Why Bitcoin is All-American

Podcast >

So in a very very interesting shift of things, I guess I’m super pro Trump Donald Trump, because he is super super 1000% pro bitcoin. And also, contrary to what people understand, Donald Trump is anti-war, he wants to immediately stop the war in Ukraine, he actually wants global peace.

This is kind of a little bit shocking to me, because I’m from the liberal Bay area, Alameda Oakland Berkeley I still got my 510 area code number… what that means is that I was always raised in thinking that conservative Republicans were like the devil.

Why? I grew up so poor, why were all these super super rich people super anti-helping out poor people like myself?

And also, I thought that overall, the policies were pro war, … I always thought that Republicans and conservatives were for war,… in that liberals and Democrats or anti-war?

Just do the research for yourself

I think the credit card thing that I learned is ultimately… You must just do the research for yourself by yourself.

For example, one big thing that changed my opinion about Donald Trump was watching his talk at the bitcoin conference and also seeing his interview with Joe Rogan. To me the reason why this was so good was that it humanized him, often times whenever we hear news reports or snippets from whatever… It is kind of like bad and evil click bait cherry picking; you will never get a true sensor reality until you watch the raw interview, the full two or three hours or so, uninterrupted, and also encourage watching the actual video footage.

Make your own choices

I think the number one thing that is very very difficult in politics is that so much of it is predicated on other random political lines. For example, truth be told I still qualify myself as a Democrat and a left leaning liberal, yet… When it comes to individual policies and opinions and thoughts, my personal belief system is actually far more multi variegated.

For example… I’m all about helping poor people, and the like, and I’m not like super anti-taxes either. if I were a homeowner, I would probably vote yes to increase taxes assuming that the money would go to actually support the public elementary schools.

Yet also what I do believe in support is having individual sovereignty to my bitcoin, without having the government metal in my bitcoin. I am also very anti-centralized digital currency by the US government, I think this is very scary. Essentially if you had a centralized digital bank currency by the American government, this would be worse than big Brother, 1984 in brave New World, having a super baby together.

So why does this all matter?

I think it matters because ultimately you gotta have somewhere to live, and I’m pretty sure that you do have a certain belief system.

What Is Curiosity, the Philosophy of Curiosity? ￼

a world without curiosity is not a world worth living in?

Curiosity about things and experiences?

Why rappers make poor role models

Capital?

LA

New Capital

Trust no Marxist, communist spoon fed kid

Infinite opportunity

The Philosophy of Property

Land?

Why?

New Slaves?

Future projections

Fractional property ownership

Ownership is a state of mind?

The impetus to think long-term ￼

the $1m iPhone ￼

The $100M Cybertruck

Stop the bleeding!

Economic vampires

Bitcoin is beautiful

the Immaculate conception of bitcoin

Why does this all matter?

Infinite pie

The new family Empire

Increasing your bitcoin yield

Why is so difficult to think about property and manage property

Nobody is anti-bitcoin

who profits from what?

Follow the money?

Only trust things or assets without an issuer.

ain’t no Tesla car going to last year 21 years

Things that last things which don’t

Why is it so difficult for people to invest and think about things in the long-term?

Bitcoin is cyber security

You could send Messages via bitcoin

Where money and capital collide ￼

the best gift this holiday season

Bitcoin for kids

Bitcoin jewelry?

Deduction

EK INFORMATION SUPPLY

things to be grateful for

Now what?

Getting back on Twitter, X

Why bitcoin makes sense for digital nomads

Nontraditional ideas

a vehicle is bad

Lunar white

Make white cool again

Vehicles and society

Why do people even purchase real estate in the first place?

no property taxes

The scam of physical property?

Bitcoin is going to go out forever with volatility

Bitcoin is the new fire

Satoshi as the new Jesus? ￼

Why Michael Saylor might be the most important individual of all time

Economic buffer

Becoming more spartan

What is the purpose for the joy of capitalism?

Why bitcoin is good for everyone on the planet

The new desire for bitcoin ownership

Take it back to the beginning

You got bitcoin!

The new digital Beverly Hills

Consolidate all of your assets into bitcoin?

Just funnel your inheritance money into bitcoin ￼

The Blockchain is the new cloud

Let the markets go free!

Physical property has too many risk factors?

Intelligent rent leverage

Your Archimedes lever in life

Start stacking today!

Free 99

Think different, be different!

Why bitcoin makes sense for digital nomads

Nontraditional ideas

a vehicle is bad

What Is Curiosity, the Philosophy of Curiosity?

The impetus to think long-term

the $1m iPhone

Where money and capital collide

Satoshi as the new Jesus?

Just funnel your inheritance money into bitcoin

Satoshi as the new Jesus?

Just funnel your inheritance money into bitcoin

Trillions of dollars of debt?

Just focus on doing what you’re good at