Bitcoin is the ultimate new luxury? 
Best way to convince someone or people to do something is not to praise its virtues, but to promote the idea that in fact it is a luxury?
For example, living a spartan and aesthetic lifestyle, it is not self abnegation in you’re not positively doing self harm, but instead, it is the new luxury to be Spartan, disconnected, off the grid etc.
In fact, what is the best way to Schwab or brag? Not to brag or show off how much stuff you owe or whatever… But instead, bragging and showing off the fact that in fact, you don’t check or use email for a living? Or use email at all?
new luxuries
Invisible wealth.
Very interesting things; if you are in fact a really really really truly rich person the question is: do you in fact want people to know in real life that in fact, you are really rich? Of course not! Then everyone is going to try to sneakily get at you and your wealth, and also, rob or hijack or jack you.
For Example, what is the best way to get dropped? Going to the club with the Rolex on your left wrist; you could identify a Rolex watch from a mile away based on the chain-link pattern, the way it shines and glistens. As a consequence, the funny thing with wealth is a little bit ironic and bizarre;
First, what do you want to signal? Do you want to signify your wealth of prestige and power? Or would you prefer to stay low-key?
For example, once again when it comes to cars and automobiles; it is generally not a good idea to be known. For example, all the real Hollywood producers and people who run and own the media, all of them desire to be unknown. Why? They want to be able to go out in public, enjoy their lives, go on a walk without getting mobbed, without the paparazzi following them everywhere. I have a funny theories; actors and directors are essentially sacrificial lamb; or scapegoats; they are promised all this wealth power and prestige but in fact, they end up just becoming targets for the Hollywood producers who have the real wealth and power and prestige. The true Hollywood producers then, can enjoy the upside of their anonymity, proceeded in life as usual, without getting their lives ruined by TMZ.
Invisible wealth
So, the general idea; so how can you store your wealth, hide your wealth, without anybody knowing it? And without inciting the envy of your neighbors, other people, etc.?
First, not driving a flashy car. If you know somebody who is a real millionaire or a bitcoin billionaire or whatever, and they still drive a Toyota Prius, know that they’re onto something good.
Second, ultimate self clothing. If you are a real connoisseur, you are going to be wearing only cashmere, wool, Merino wool, the finest of materials, all without letters or stitching or monograms or logos. Why? Because once again certainly there is a grand upside to having better materials, superior materials to keep you warm and cozy, and protected from the elements.
For example, in the winter time, when it is really really cold and miserable outside, your best bet is wool and cashmere. Not some loser Louis Vuitton something.
And also, leather. Leather is very very simple and also a grand and great luxury. As much as these loser animal rights activist may say otherwise; leather is superior and supreme. Even a random Prada iPad case which I was gifted at this one Prada pop-up show, Which was used on the original iPad, which hilariously still fits my new iPad Pro M4 chip, it feels so luxurious so inside, once again, pure leather is the way.
Eco-friendly materials suck
So the big issue here is that eco-friendly stuff doesn’t last, the quality is poor, the durability is poor. It sucks in almost every single regard.
I have a theory; the only reason you have a lot of these companies trying to promote  eco-friendly stuff in eco-friendly materials because they are all essentially derivatives of plastic, recycled plastic and polyester, which is hard cheaper to produce, create, market and sell, and also it has much higher profit margins. Therefore we are being suckered into using really really bad materials, all for the sake of fattening their wallets, not for the planet. In fact, if you think about it, a lot of these materials are made out of petroleum and oil, and I don’t even think they disintegrate that well, whereas if you have a leather or something, not only will that last for generations, in theory it should decompose better in the Earth than some sort of junky plastic.
Even funny enough when you see these sci-fi movies of the future, they are not wearing these recycled polyester suits, most of the people in Blade Runner or whatever are wearing leather jackets, just like a Ryan Gosling from Blade Runner 2049. Once again, leather jacket, Cow and or sheep fur lining. Even in the early days of aviation, a lot of these aviation pilots were very very thick sheep fleet interior jackets, and thick leather high jackets gloves hats etc. to keep them warm.
Back in the days before all of this nonsense call eco-friendly fashion, which is once again, consumerism with a good conscience.
the Luxury of bitcoin
I think what a lot of fools don’t understand is that in fact, bitcoin may be the best thing for the planet in the human race. Why? It lasts forever. Not 100 years not 1000 years, try 100,000 years. As long as a human race exist, on earth space from Mars or even on a spaceship with intergalactic Internet, Bitcoin shall last.
In fact, if I was jumping on a spaceship and getting ready to settle to Mars, or thinking about Seneca’s kids kids kids kids kids, certainly it seems plausible that rather than taking US dollars, Fiat currency, gold bars, or Lamborghinis with them to space, certainly they will take bitcoin which is real, yet weightless.
Have you ever seen a Google in real life?
Of course you have seen the campuses, you have seen the playgrounds, you have seen the mediocre Google pixel devices;; yet, have you ever seen a search engine in real life?
People that might talk about the Google data centers, but you fools don’t you know that the bitcoin monetary network is like taking all the data centers but Amazon Google Facebook meadow whatever and combined it times 10? Or like having 20 full on nuclear reactors powering it?
Why bitcoin is interesting
So bitcoin just broke $103,000 a bitcoin the other day, December 5, 2024… A day not to forget, also my mom’s birthday.
So the first thought is why did it pop so hard? I think it is because at a world economic Russia forum, Vladimir Putin himself commented and said that bitcoin is unstoppable, you cannot stop two human beings from sending electronic payments or stuff between one another with their phones, and that it was wise to adopt new technologies as they came. And also, Russia is in a bit of a squeeze; they kind of know they are dependent on America, and now with the war with Ukraine, they are slowly getting squeezed out of the picture. And as a consequence, how can the Russian store their wealth? Maybe in gold bars, but gold bars are not very practical for transferring billions of dollars of value instantly across the planet. For example if you are Russia with $100 billion of gold bars, trying to do commerce with mainland China… How many military vehicles do you employed to securitize the gold, to prevent pirates from stealing it?
And very very interesting on a recent interview that Michael Saylor had with yahoo news, is that actually, in terms of American technological supremacy, and monetary supremacy, America should just immediately sell all of her gold reserves, and just buy bitcoin instead, ideally buying up at least 20% of the world‘s bitcoin monetary network. Why? This would immediately demonetize gold, which is once again, the reserve asset which our enemies use.
So then there would be a double win-win situation; first, America is still able to assert her US dollar dominance on the planet, against all of the BRICS nations, and also, become the central superpower, ideally forever in the context of money power and capital?
You, your family, your squad
#BITCOINSQUAD
 kind of a funny observation; I’ve actually discovered there are a bunch of Eric’s in the bitcoin world, ERIC Semmler of semler scientific, the company which is also on the bitcoin standard, also ERIC Trump who I guess is one of the sons of Donald Trump, who is also apparently really into bitcoin, also, another ERIC in Bloomberg who writes about ETFs, there’s a lot of us.
Anyways, as of late I’ve had a stronger conviction, telling all my close friends and family that actually care for to get themselves and their family and their portfolios onto the bitcoin standard. This means like putting all your wealth into bitcoin, and for stocks and retirement IRA Roth IRA whatever, putting it all into microstrategy MSTR stock. I’ve been giving a lot of young family members unsolicited advice about microstrategy, and they were all grateful because it went up a lot!
Everyone is always feeling like they missed the boat, but as long as you buy it for less than $1 million, you’re still going to get a 90% discount. And also, a funny and simple thought is that similarly speaking, I can also imagine that I’ll be buying bitcoin even when it is $1 million of bitcoin and beyond. I’m also certain I will be buying bitcoin when it is $10million a bitcoin, and maybe even when it is $100 million a bitcoin.
Why none of this makes sense no more
So bitcoin is really interesting to me because it is the world’s first hard money and capital.
Typically capital has been parked in real estate for so long because for the most part it was scarce, desirable, and also resistant to traditional fiat currency.
For example, in the past, if you parked all of your capital into US dollars, or the Dutch guilder, you would have effectively senior wealth go down to zero. I saw an advertisement that in 1920 you could purchase a home in Culver City for $250, and now it is worth what, $2.1 million dollars?
Bitcoin is the new real estate
So this is also $1 million question or maybe $1 trillion question or 100 trillion or a $350 trillion question:
How can you monetize bitcoin?
It’s kind of like the same of saying that if I bought Manhattan in the year 1624, how can I collect to rent from it?
Or, like imagine in the early days the Internet, nobody had any idea how to make money off of it. Even the early days of Google, I still remember finding Google and finding about Google in a search engine engines for dummies book when I was around like 11 or 12 years old, And it was a simple search engine, just the Google search icon, and I’m feeling lucky button. It seems that maybe like 15 years later they found out ways to make money through search advertisements.
Same with Facebook, it’s pretty impressive, that Mark Zuckerberg was able to take some sort of college prank, and transform it into billions of dollars of value. Once again same thing with advertising.
So I think with bitcoin it will be the same. They will be very very easy ways for people to monetize bitcoin, but just give it some time! Why in such a hurry or rush?
 the timeline for an investor is at least 10 years
So you should certainly not touch your bitcoin for at least four years, 10 years, ideally never. Why? Do not trade your gold for copper, no matter how good the trade may seem.
So for example, people still have this foolish idea that when bitcoin is up you should sell it and buy something “real“, like real estate or a single-family home or property or US dollars whatever. These fools are still stuck in the days of AOL 3.0, 38.8 K tile up Internet, blockbuster and the like.
Michael Saylor also had an interesting history of science analogy; imagine that only bicycles existed and boom, somebody comes out with a motorcycle Ducati. Certainly there is no turning wings of time back.
Or let us say that you were in the 1920s, and everyone is driving this horse and carriage buggy whips, or Ford model T’s. If this is the case, imagine then somebody pulls up with a cyber truck, all Matte black, certainly people would think that you’re some sort of alien or god. 
Bitcoin is god money?
So imagine that God came from heaven, he came down to earth, and told us: I shall give you the most supreme and sublime money in capital. It shall be immortal, infinitely divisible, portable, it will last and live forever on the Internet in the cloud, both online and off-line, it will be censorship resistant, it will be politically neutral; and, you could just memorize the password in your head, and hand down the password to your descendants to own forever as long as they just remember the words. Wouldn’t this be like the best invention of all time?
I watch a funny film called God bless bitcoin, and the similar idea was that there are some religious folks who believe that from even a religious perspective, it is ethical. Jewish people, Islamic people, and Christian people all like it. A good sign.
Who does not like bitcoin?
I think the only people who don’t like bitcoin are essentially the people who are still stuck in the old ways. For example, your uncle who still refuses to use an iPhone, and prefers his Motorola razor flip-phone instead.
Or, your grandma who is still used to going to blockbuster to borrow VHS cassettes to watch at home, on her CRT television, with the VCR player, and also with a little Ferrari rewinding VHS cassette thing.
New things are hard to grasp
So for example, it took me a very very long time for me to explain to my mom what cloud services were, what the cloud was, etc. She still does not understand 100% of how it works, but she gets it. She shoots pictures on her iPhone, and they remain accessible Kind of forever.
Also, FaceTime. Certainly it works, but how it works, like the science of how it actually works, is befuddling. Yet nobody second-guesses it.  Or, modern day electricity, and heat and water and plumbing and sewage and sanitation. Most people have zero idea how it is made, yet we are all grateful for it.
So if you have ever tried sleeping in a hot stuffy humid apartment at 120° in Southeast Asia during the summertime, you know that air conditioning might be one of the best blessings of all time to humanity. Or try to imagine walking around in Dubai in the summertime without air-conditioning in your house your car or the mall.
Do you have a lot of these full saying that bitcoin is bad for the pineapple blah blah blah, but don’t you fools know that bitcoin only takes like .1% of the world’s energy, whereas air conditioning I think counts for about 33.3% of the world electricity usage? Yet nobody is trying to ban Air-conditioning!
What is good for humanity?
This is also another thing, I don’t really like gasoline cars, tailpipe emissions whatever, but, if suddenly overnight you band petroleum gas and the like, 95% of humidity would immediately starve or freeze to death.
So I think from a basic perspective, things and economics should be optimized to think about first, the well-being of humans.
Once again love these people who are too much into the environment, environmentalist, I think it is kind of a new weird cult religion; a lot of these people don’t believe in God anymore or go to church, yet have found some sort of salvation in this metaphorical mother Gaia?
I get it everyone needs something to believe in, but, I think the issue here is tyrant vs choice.
First, it is a free country. The land of the free.
You should have the freedom to choose. This is the number one ethos of America and being American. P and this is where everyone on the political spectrum don’t understand things; if a woman wanted an abortion let her do it, if somebody wants to chop off their penis and balls and sterilize themselves, go ahead and let them do it. And maybe on the other side if somebody wants to own a gun, just let them do it. Or if they want to masturbate to an American flag let them do it.
I think what then becomes the important imperative of year is once again, giving people an option and choice! And also, having the freedom and protection from idiots, on all sides of the political spectrum?
For example guns, yeah yeah yeah everyone should have the right to own it, but please, don’t bring a gun to a wedding and leave it unattended in your backpack, only to have a drunk crazy lady at the wedding trying to steal everyone’s stuff in the bag coat room, finding the gun, getting surprise, and leaving it on top of your child’s car seat. (True story happened to me, I found a gun on Seneca’s car seat). I only think God that I did not accidentally pull the trigger or he did not pull the trigger or some other kid did not accidentally pull the trigger, either killing Seneca, myself Cindy or anyone else at the party.
Don’t ban it just regulate it
Once again, there are lots of crazy people out there and everyone is going to do crazy things to themselves, they own families whatever. But let them do all the crazy shit they want to do, just stay away from them.
So similarly maybe we should have the freedom to be protected from these weirdos?
The joy
So the joy and glory bitcoin is fascinating some one bitcoin hit 100 K and beyond, it was like the best party on the Internet of all time. Twitter was going absolutely insane; everyone is having a great time. I could feel the joy and enthusiasm on the Internet, all these people bursting into tears and crying, barely holding their emotions.
I’m starting to get the sense of religious forever for bitcoin, which is always a good sign. Even the early days of Apple, Steve Jobs was the priest, and Apple and Apple Store was the temple. People used to camp outside the Apple Store for the new iPhone, not anymore. Apple can barely give away their products now. 
All the tech companies are languishing. Facebook and Meta and Instagram is getting destroyed by TikTok, the evil mainland Chinese corporation I think run by Tencent. As much bad as Google Amazon Facebook YouTube gets, no no no you fools, TikTok and China is the real enemy. And also video games, anything run by riot games or has major investment from mainland China are all bad and evil for yourself your kids or family.
I would say, if I had one piece of advice to Donald Trump is that it would be just banning TikTok from America. Think about the asymmetry here; mainland China blocks all major American tech stuff in China, yet, we allow TikTok to run shores chores?
Americans still have ethics
I think me and them in Chinese corporations and people, especially post Malong communist upheaval, and destruction of confusion values, they no longer have any values besides more power, influence, money and capital.
Just think about it, what is the apple of China’s eye? China wants to obviously become stronger and more powerful than America, yet knows that she cannot do it unless she does trade with America. If overnight we introduced 1000% tariff to all mainland Chinese things in corporations, with death and famine for mainland China.
Just imagine if Donald Trump overnight declared a martial law saying that it was in fact, 100% illegal for Apple to produce any products at Foxconn in mainland China, what would that spell for me and China, and also Apple?
The good news is I think we could still produce things here in America, we might not have an affordable iPhone anymore, but still… It would get done.
If you had an iPhone that was 100% made only in America, it might be like 10 X the price, either that or maybe it will just be switched to some sort of expensive subscription model, but still, America would function. I don’t think China would.
Why TikTok is so evil
There is no censorship on TikTok, no content is ever flagged or taken down. Because once again, China does not care for any sort of ethics or copyright or whatever here; even during the para Olympics, and the only copyrighted videos I could watch of the Olympics were like Screen shares on TikTok?
Why bitcoin is the ethical option
If you ever talk to any shoes liberal American, the one that is phd educated, apparently very very liberal in whatever, yet anti capitalism, just asked them, what is the origin of money, and how can they afford to pay their mortgage, or rent, or Tesla, or the gasoline for their Prius car? Or for their Whole Foods farmers markets?
One might say that real money is gold, but the reason why gold is unethical is that it takes slave labor for them to produce it,  and all the petroleum and gas influence created to just extract it from the Earth.
And also, gold is relatively scarce but not a real scarcity ; nobody really knows how much gold lies beneath the earths crust, and I could guarantee you, if suddenly overnight it is declared that gold is now $1 million an ounce, there would be a lot of capital being poured in that would mine for and discover more gold. Even at current rates, I think they extract 3% more gold every single year.
What else?
So then, let us say that real wealth is not cold, then what is it? Fiat currency? Obviously not!
Fiat currency and war
So an observation I’ve made a few years ago is that even though I am anti-war in anti-military for the most part, unfortunately it is critical for America to have the biggest stick in order to continue the US dollar supremacy.
For example, America owes what like $35 or $350 trillion of debt or some insane number, two China and Russia and whatever, what prevents America from repaying it? Our military power!
And it is kind of pernicious; just go to the defense.gov website, and see how much money is being poured into Lockheed Martin, Boeing in these other defense contractors. It is really kind of bad because it is almost like a snake eating its own tail; America continues to raise her military and defense budget, and these defense contractors are getting rewarded and awarded even ever higher dollar amounts for stuff, even apparently Boeing tried to sell two jets for the president for $4.5 billion, once again taxpayer money.
As a consequence, the ordinary working person in America is being squeezed; if government defense spending is that high, just imagine how much this hurts the American taxpayer who works hard and saves diligently, only to have her hard earned money being poured into some sort of stupid luxury jet and government overspending?