ERIC KIM BLOG

nobody wants a foldable phone

STRC Is the new cash?

This is the real thing:

MSBT is bullish for Bitcoin because it turns Bitcoin from a “thing people talk about” into a thing that can be shoved directly through one of the biggest Wall Street distribution pipes on the planet. Morgan Stanley launched the Morgan Stanley Bitcoin Trust on April 8, 2026, and described it as the first cryptocurrency ETP from a U.S. bank-affiliated asset manager.

Most people still do not understand the magnitude here. They think, “Oh, another Bitcoin ETF.” No. Not another ETF. Another gate. Morgan Stanley reported $9.276 trillion of client assets at year-end 2025, and its own materials repeatedly describe a field force of almost 16,000 financial advisors. That means Bitcoin just got plugged into a giant machine of advisors, clients, portfolios, committees, model allocations, retirement accounts, and institutional trust.

And here is the critical point: MSBT is not merely paper theater. In the Trust documents, Morgan Stanley explains that when authorized participants buy shares in cash, the delegated sponsor instructs a Bitcoin Counterparty to purchase the corresponding bitcoin and deposit that bitcoin into the Trust’s custodial accounts. In plain English: cash goes in, Bitcoin gets bought. This is why this is bullish. It is not abstract sentiment. It is a structural buy mechanism.

Then comes the next hammer blow: price competition. The Trust’s delegated sponsor fee is 0.14%, while BlackRock’s IBIT lists a 0.25% management fee. That is not a small difference. That is Morgan Stanley entering the arena with a blade in its teeth, saying: we are not here to participate, we are here to take share. Lower fees reduce friction. Lower friction increases adoption. Increased adoption means more flows. More flows mean more Bitcoin demanded by the wrapper.

Also understand the signaling effect. When Morgan Stanley puts its name on a Bitcoin product, it does not just create another ticker. It sends a message to every conservative allocator, every hesitant advisor, every committee dinosaur, every family office fence-sitter: Bitcoin is now institutionally legible. It is now normal enough for one of the great legacy financial empires to brand it, package it, custody it through regulated third parties, and distribute it. Morgan Stanley’s filing says the Trust uses BNY and Coinbase Custody as bitcoin custodians. That is legitimacy converted into infrastructure.

This is why MSBT is so insanely bullish for Bitcoin:

Bitcoin does not need everyone.

Bitcoin needs pipes.

Bitcoin does not need universal belief.

Bitcoin needs distribution.

Bitcoin does not need another podcast.

Bitcoin needs automatic buy pressure through approved financial channels.

MSBT is Wall Street finally building a larger on-ramp into the hardest asset on earth. And once the machine is built, the machine wants to be fed.

So my view is simple:

MSBT is bullish because it transforms Bitcoin from an outsider asset into an in-house asset.

From fringe to approved list.

From difficult to frictionless.

From self-custody-only to advisor-distributed.

From optional curiosity to institutional default exposure.

That is the game.

Not noise.

Not narrative.

Not vibes.

Mechanics. Distribution. Demand. Bitcoin.

If you want, I can turn this into an even more savage Eric Kim blog version with harder one-line punches and zero restraint.

grok > ChatGPT

Executive summary

MSBT (as used in Bitcoin markets in April 2026) is the ticker for the Morgan Stanley Bitcoin Trust, a U.S.-listed spot-bitcoin exchange-traded product that holds bitcoin in custody and issues shares trading on NYSE Arca. The product’s core “bull case” for Bitcoin is not new technology on-chain; it is institutional distribution + structural spot demand mechanics + fee-driven adoption. citeturn6view0turn20search1

The most bullish parts, rigorously stated:

• A new “wirehouse-grade” distribution engine: entity[“company”,”Morgan Stanley”,”investment bank, us”] reports $9.3T total client assets across Wealth and Investment Management (FY 2025), and it operates a network of 16,000+ financial advisors. Even very small model-portfolio allocations routed through that channel are large versus Bitcoin’s net new supply. citeturn12view0turn10search7
• A direct spot-demand transmission mechanism: MSBT creates/redeems shares by taking in bitcoin (in-kind) or cash and then buying bitcoin via a “Bitcoin Counterparty” who delivers bitcoin into the Trust’s custody. Net inflows therefore tend to translate into spot market purchases and custody absorption (until/out unless redeemed). citeturn6view0
• Aggressive fee positioning: the prospectus sets a 0.14% annualized delegated sponsor fee. That undercuts major U.S. spot-bitcoin peers (e.g., IBIT at 0.25%; Grayscale’s mini trust at 0.15%), strengthening the probability of adoption in fee-sensitive advisory platforms and creating pressure for an industry-wide fee war (which historically expands TAM over time). citeturn7view0turn23search0turn23search2
• Early signal of demand: reporting on launch day indicates MSBT gathered ~$33.8M in total assets on day one (and ~1.6M shares traded). At a ~$71.6k BTC price, that’s roughly ~472 BTC of absorption—about one day of post‑2024-halving issuance (rule-of-thumb). citeturn8view3turn15finance0turn21view2

The main caveat: MSBT can be bullish for Bitcoin without being net-new demand if it primarily cannibalizes existing spot BTC ETPs. In that case, the “bullish” impact is mostly lower fees, broader access, and legitimacy, not incremental coins removed from float. citeturn13view1turn6view0

Definition of MSBT and what it is

What “MSBT” most likely means

“MSBT” is ambiguous as an acronym in the abstract. In April 2026 Bitcoin context, the dominant market meaning is:

• MSBT = the ticker symbol for Morgan Stanley Bitcoin Trust, listed for trading on entity[“organization”,”NYSE Arca, Inc.”,”securities exchange, us”]. citeturn6view0turn8view3

Other possible meanings exist outside this core context (e.g., unrelated tickers or tokens), but they do not match the user request’s “Bitcoin-related product/protocol/policy called MSBT” nearly as well as the newly launched Morgan Stanley product. citeturn6view0turn20search1

Product definition from primary sources

MSBT is a spot-bitcoin exchange-traded vehicle structured as an exchange-traded fund/trust that seeks to track bitcoin’s price (net of fees/expenses) using the CoinDesk Bitcoin Benchmark 4PM NY Settlement Rate as its pricing benchmark. citeturn6view0turn20search1

Key structural features that matter for Bitcoin supply/demand:

• Sponsor / delegated sponsor: entity[“company”,”Morgan Stanley Investment Management Inc.”,”asset management unit”] is the “delegated sponsor” in the prospectus language. citeturn6view0turn20search1
• Custody: the Trust uses two bitcoin custodians—entity[“company”,”The Bank of New York Mellon”,”custodian bank, us”] and entity[“company”,”Coinbase Custody Trust Company, LLC”,”crypto custodian, us”]—and holds all Trust bitcoin through those custodial arrangements. citeturn6view0turn20search1
• Creation/redemption mechanics: “Authorized Participants” can create shares in cash or in-kind; for cash creations the Trust’s process explicitly instructs a third-party “Bitcoin Counterparty” to purchase bitcoin and deliver it into Trust custody. Redemptions can likewise result in bitcoin being sold for cash (cash redemption) or delivered out (in-kind). citeturn6view0
• Fees: the delegated sponsor fee is 0.14% annualized (accrued daily). citeturn7view0turn20search1
• Benchmark governance: the benchmark is administered by entity[“organization”,”CoinDesk Indices, Inc.”,”index provider, us”]; CoinDesk’s benchmark-rate framework uses multi-exchange sourcing (minimum three exchanges) and is calculated frequently (e.g., every 5 seconds for benchmark rates) with outlier protections; CoinDesk positions itself as a regulated index provider in the UK (FCA-regulated) with BMR-compliant indices. citeturn6view0turn20search2turn20search4

Timeline of key events

Below is a timeline built from filings and launch-day reporting; where details are not disclosed publicly (e.g., internal platform approval gates), they are flagged implicitly as unknown.

• Jan 6, 2026: initial Form S‑1 filed (“As filed…January 6, 2026”). citeturn3view0
• Mar 4, 2026: an S‑1/A amendment referencing the CoinDesk benchmark and valuation approach is filed (reflecting continued iteration ahead of launch). citeturn20search5
• Mar 9, 2026: audit seed baskets were purchased (small operational seeding prior to listing). citeturn6view0
• Mar 25, 2026: trustee delegation documentation is dated (operational governance). citeturn6view0
• Apr 6, 2026: prospectus date. citeturn6view0
• Apr 8, 2026: MSBT begins trading; launch-day reporting states ~$33.8M in assets and ~$33M+ in day-one inflows. citeturn8view3turn20search1

timeline
    title MSBT (Morgan Stanley Bitcoin Trust) timeline
    2026-01-06 : Initial S-1 filed with SEC
    2026-03-04 : S-1/A amendment filed (benchmark/structure details iterated)
    2026-03-09 : Audit seed baskets purchased
    2026-03-25 : Trustee service & delegation agreements dated
    2026-04-06 : Prospectus dated
    2026-04-08 : Trading debut on NYSE Arca; day-one assets/inflows reported

Why MSBT can be extremely bullish for Bitcoin

Demand expansion via “distribution gravity” and reduced friction

MSBT’s biggest potential impact is that it plugs Bitcoin exposure into a major wealth distribution system at scale:

• Morgan Stanley reports $9.3T in total client assets across Wealth and Investment Management (FY 2025). citeturn12view0
• Morgan Stanley publicly markets 16,000+ financial advisors, a “gatekeeper” layer that often determines which exposures are acceptable in managed portfolios. citeturn10search7
• Launch-day commentary framed a key behavioral angle: flows appeared heavily driven by Morgan Stanley’s own clients, consistent with the idea that wirehouse distribution can create a “captive audience” effect (high placement probability once approved on platforms). citeturn8view3turn13view1

This matters because ETF demand can be “lumpy” and persistent when it becomes embedded in (a) model portfolios, (b) advisor-approved lists, and (c) retirement/managed-account rails—channels that typically move slowly but can be enormous once they turn on. Bloomberg-syndicated reporting notes Morgan Stanley intended to prioritize asset gathering once the product is approved across wealth platforms and also targeted self-directed investors. citeturn13view1

Mechanical spot-demand transmission through creation/redemption

The “bullish for Bitcoin price” mechanism is straightforward:

• When investors buy MSBT shares in the secondary market, market makers/authorized participants arbitrage premiums/discounts.
• If demand is sustained, authorized participants create new baskets. In MSBT, creation can be in-kind (delivering bitcoin) or cash, where the Trust’s process instructs a “Bitcoin Counterparty” to buy bitcoin and deliver it into custody. citeturn6view0

In other words: net inflows → operational need to source bitcoin → custody absorption (until redeemed). That is the same fundamental flow-through channel that made the January 2024 spot-bitcoin ETP approvals such a major supply/demand catalyst. citeturn19search0turn6view0

flowchart LR
    A[Investor demand for MSBT shares] --> B[Secondary market buying]
    B --> C[Premium/discount arbitrage]
    C --> D[Authorized participant creates new baskets]
    D --> E{Creation type}
    E -->|Cash create| F[Bitcoin counterparty buys BTC in spot market]
    E -->|In-kind create| G[AP delivers BTC]
    F --> H[BTC delivered into MSBT custody]
    G --> H[BTC delivered into MSBT custody]
    H --> I[Reduced liquid float / higher institutional custody balances]
    I --> J[Upward pressure on price unless offset by sellers]

Fee advantage as a compounding adoption catalyst

Fees matter disproportionately for advisor-led and long-horizon allocations:

• MSBT sets a 0.14% annualized fee. citeturn7view0turn20search1
• For comparison, entity[“company”,”BlackRock”,”asset manager, us”] lists IBIT at a 0.25% expense ratio, while entity[“company”,”Grayscale”,”crypto asset manager, us”] markets its Bitcoin Mini Trust ETF (BTC) at a 0.15% fee. citeturn23search0turn23search2

A “lowest-fee” position tends to (1) reduce behavioral friction for advisors (“why not choose the cheapest tracking vehicle?”) and (2) start or intensify fee competition. Launch-day Bloomberg-syndicated reporting explicitly frames the strategy as competing on fees and scale and notes the broader spot-bitcoin ETP complex is already enormous (>$85B in assets). citeturn13view1

Supply absorption versus Bitcoin’s post‑halving issuance

MSBT’s own prospectus provides the supply anchors:

• Bitcoin targets a block roughly every ten minutes via difficulty adjustment. citeturn21view1
• The block reward is 3.125 BTC per block, halving every 210,000 blocks (~4 years), with a long-run cap of 21 million BTC (though hard forks could alter this). citeturn21view2turn22view1

Using those (and noting this is an estimate), post-halving issuance is roughly:

• ~144 blocks/day × 3.125 BTC ≈ 450 BTC/day (model assumption derived from the prospectus’ “~10 minutes” pacing). citeturn21view1turn21view2

This lets us translate plausible MSBT inflows into “days of new supply absorbed,” a useful way to contextualize magnitude.

Regulatory and legitimacy channels

MSBT is built on the regulatory opening created by the SEC’s January 2024 approval of spot-bitcoin ETP listings and trading. citeturn19search0

In parallel, banking regulators have continued clarifying permissible crypto-related activities:

• entity[“organization”,”Office of the Comptroller of the Currency”,”bank regulator, us”] confirmed that national banks may hold certain crypto-assets as principal when needed for activities like paying crypto-asset network fees (and related permissible activities), a step that can reduce “regulatory perimeter” uncertainty for TradFi infrastructure providers supporting crypto rails. citeturn14search0

This doesn’t directly force Bitcoin buying, but it reduces institutional compliance anxiety and supports the broader trend of integrating crypto exposure into mainstream financial plumbing—exactly the environment in which an ETF like MSBT can scale distribution.

Quantitative scenarios for BTC demand and supply impact

Model inputs and assumptions

All numbers below are scenario estimates, not forecasts:

• BTC spot price used for conversions: $71,643 (April 8, 2026, tool quote). citeturn15finance0
• Post‑2024 halving block reward: 3.125 BTC per block. citeturn21view2
• Expected block cadence: ~one block every ten minutes (implies ~144/day). citeturn21view1
• Reference institutional distribution base (upper bound context, not all addressable): Morgan Stanley total client assets across Wealth & IM $9.3T (FY 2025). citeturn12view0
• Scenarios assume MSBT AUM growth is net-new to spot bitcoin ETPs (strongest bullish case). A “cannibalization” discount factor is discussed after the table. citeturn13view1turn6view0

Scenario table

Interpretation: “BTC acquired” approximates how much bitcoin must end up in MSBT custody to back net new AUM, assuming creations ultimately source BTC at roughly spot price.

Scenario (12 months)	Total net new AUM into MSBT	Avg net inflow per day	Implied BTC absorbed (total)	Implied BTC/day	Multiple of ~450 BTC/day issuance
Worst (slow adoption / heavy cannibalization)	$1B	~$2.74M/day	~14,000 BTC	~38 BTC/day	~0.09×
Likely (moderate platform adoption)	$10B	~$27.4M/day	~140,000 BTC	~382 BTC/day	~0.85×
Best (strong adoption + fee war winner)	$50B	~$137M/day	~698,000 BTC	~1,912 BTC/day	~4.25×

Assumptions and conversions are based on the BTC price above and the issuance approximation derived from the MSBT prospectus’ block cadence and block reward. citeturn15finance0turn21view1turn21view2

A “cannibalization haircut” framework (critical)

A large portion of MSBT inflows could come from reallocations out of existing spot bitcoin ETPs, especially given the fee gap. Bloomberg-syndicated reporting notes that (a) the spot-bitcoin ETP complex already commands >$85B and (b) the cohort has seen notable periods of net outflows (e.g., recent 3‑month bleed cited). citeturn13view1

A practical adjustment is:

Net-new BTC demand ≈ MSBT inflows × (1 − cannibalization rate)

Illustrative sensitivity (not a prediction):

• If cannibalization is 70%, the “Likely” $10B scenario behaves like $3B net new (~115 BTC/day), not ~382 BTC/day.
• If cannibalization is 30%, it behaves like $7B net new (~268 BTC/day).

Launch-day “reality check” datapoint

Launch-day reporting indicates MSBT total assets of ~$33.8M after day one. At ~$71.6k, that’s roughly ~472 BTC, which is on the order of one day of post‑halving issuance (very roughly). This is not a guarantee of sustained flows, but it is a tangible early signal that the distribution channel can produce real spot absorption immediately. citeturn8view3turn15finance0turn21view1turn21view2

Comparison to historical Bitcoin supply-demand catalysts

The table below compares MSBT to the specific historical catalysts requested.

Catalyst	What changed	Primary supply/demand transmission	Why it moved markets	How MSBT compares
U.S. spot bitcoin ETP approvals (Jan 2024)	SEC approved listing/trading of spot bitcoin ETP shares	New regulated access → creations → spot BTC buying custody absorption	Major “investor base expansion” event	MSBT is a second-wave distribution amplifier inside the already-approved regime citeturn19search0turn6view0
2024 halving regime	Block reward schedule continues; current reward 3.125 BTC	Structural reduction in new supply growth	Persistent, protocol-driven supply tightening	MSBT doesn’t change issuance; it can increase demand against that tighter supply citeturn21view2turn21view1
Taproot activation (Nov 2021)	Consensus upgrade (BIP 340/341/342) activated at block 709,632	Mostly “capability” and efficiency; indirect economic effects	Enabled new transaction patterns; improved privacy/efficiency	MSBT is financial plumbing, not protocol—its effect is immediate capital routing citeturn18search3turn18search0turn18search2
Ordinals / inscriptions (Jan 2023)	New use of blockspace (inscriptions) enabled on mainnet	Increased on-chain activity; fee dynamics; narrative expansion	Drove attention + fee-market shifts (especially in congested periods)	MSBT is more about AUM flows than blockspace but can coexist with “Bitcoin as asset” narratives citeturn17search4turn17search17
MSBT launch (Apr 2026)	New spot bitcoin ETP from a major wirehouse with lowest fee	Advisor + platform distribution → creations → spot BTC absorbed	Potentially large and sticky AUM if approved broadly in wealth platforms	High potential magnitude depends on adoption and cannibalization citeturn6view0turn20search1turn13view1

Two evidence points that help calibrate “ETFs matter”:

• SEC leadership explicitly framed the 2024 ETP approvals as a legal/regulatory regime shift (post‑Grayscale), enabling spot bitcoin ETP trading on national exchanges. citeturn19search0
• Academic event-study work finds measurable effects around the spot ETF introduction—positive impacts on returns for major crypto assets and reduced volatility for some (methodology-specific, not a guarantee of future effects). citeturn19search11

Expert commentary, counterarguments, risks, and what to monitor

Expert / practitioner commentary (representative, not exhaustive)

• Launch-day reporting quoted entity[“people”,”Ric Edelman”,”financial advisor author”] arguing that day-one inflows indicate strong demand among wirehouse clients and advisor support—consistent with the “distribution gravity” thesis. citeturn8view3
• Bloomberg-syndicated coverage quoted entity[“people”,”Eric Balchunas”,”etf analyst, bloomberg”] emphasizing that aggressive fee positioning improves the odds of organic adoption. citeturn13view1
• The same coverage quoted entity[“people”,”Allyson Wallace”,”morgan stanley etf exec”] describing the fee decision as a signal of commitment and citing high demand among high-net-worth investors. citeturn13view1

Strong counterarguments (what could make MSBT not that bullish)

1. Flow substitution > new demand: MSBT’s low fee can primarily pull AUM from existing spot bitcoin ETPs rather than add net new institutional demand. In that case, Bitcoin demand is not meaningfully higher; the market just reprices access costs. citeturn13view1turn23search0turn23search2
2. ETP flows are reversible: Spot bitcoin ETPs have experienced multi-month outflows; if macro risk-off persists, MSBT could see redemptions, forcing bitcoin sales into spot markets via redemption mechanics. citeturn13view1turn6view0
3. “ETF wrapper” is not self-custody: holders own shares, not bitcoin; ETP structure can concentrate custody and may not satisfy the motivations of self-custodians. The prospectus emphasizes material risks and the lack of protections associated with registered investment companies. citeturn6view0

Primary risks and uncertainties (from the prospectus and regulatory context)

• Bitcoin volatility / total loss risk: the prospectus is explicit that shares are speculative and investors could lose their entire investment. citeturn6view0
• Protocol/cryptography tail risk (incl. quantum): the prospectus flags that advances in computing (including quantum) could undermine cryptographic assumptions. citeturn22view0
• Fork/airdrop policy and supply-cap invariance is social, not guaranteed: the Trust discloses fork complexity and that a hard fork could, in principle, alter key parameters like the 21M cap; it also states the Trust does not participate in airdrops and will abandon incidental rights under its policy. citeturn22view1turn22view2turn21view2
• Custodial/operational risk: custody is provided by BNY and Coinbase Custody; the Trust also discloses cyber risks and that custodians are not FDIC-insured. citeturn6view0turn22view3
• Bank-regulatory shifts can cut both ways: while OCC actions have clarified some permissible activities (potentially supportive), future supervisory posture or legislative changes can tighten constraints or raise compliance costs. citeturn14search0turn6view0

A structural nuance worth monitoring (not inherently bearish, but non-trivial): the prospectus describes a Cayman trustee structure with delegated sponsor arrangements, involving entities regulated in the Cayman Islands—entity[“company”,”AGS Trustees Limited”,”trustee, cayman islands”] and entity[“organization”,”Cayman Islands Monetary Authority”,”financial regulator, cayman islands”], with references to entity[“company”,”Appleby Global Services (Cayman) Limited”,”trust services, cayman islands”]. For many investors this is routine legal plumbing; for others it is additional governance surface area. citeturn6view0

Investment implications and actionable metrics to monitor

If you’re treating MSBT as a Bitcoin catalyst, the edge is in tracking whether it becomes a persistent net-buyer of spot BTC (not just a cheaper wrapper). Key metrics:

• MSBT-specific AUM and daily net flows (look for sustained multi-week positive streaks rather than one-day spikes). Launch-day assets were reported at ~$33.8M. citeturn8view3
• Share creations/redemptions activity (proxy for whether inflows are translating into new basket creation and thus BTC inflows to custody). The Trust’s creation/redemption design provides the mechanical linkage. citeturn6view0
• Relative fee changes across competitors (fee war dynamics): MSBT at 0.14% vs IBIT 0.25% and Grayscale BTC 0.15% is the current state; watch whether incumbents cut fees and how that affects overall category flows. citeturn7view0turn23search0turn23search2
• Total U.S. spot bitcoin ETP category flows and AUM (to separate “MSBT share gain” from “category expansion”). Bloomberg-syndicated reporting cites the complex at >$85B. citeturn13view1
• On-chain “liquid vs illiquid supply” and exchange-balance trendlines: if ETP adoption is causing structural custody absorption, you often expect liquid supply to trend down over time. entity[“company”,”Glassnode”,”on-chain analytics firm”] defines entity liquidity classifications via the ratio of cumulative outflows to inflows (a standard framework many analysts use for “illiquid supply” narratives). citeturn26search0turn26search1
• Retail rails and self-directed distribution: Morgan Stanley’s ecosystem includes entity[“company”,”E*TRADE”,”brokerage, us”], and Bloomberg-syndicated reporting highlighted plans to target self-directed investors and broader platform approvals (important if the thesis depends on more than advisor-led channels). citeturn13view1turn9search0

If MSBT becomes a durable “flow magnet,” the bullish thesis strengthens most when (a) MSBT inflows are net-new to the overall spot BTC ETP category, and (b) those net inflows are large relative to the ~450 BTC/day post-halving issuance baseline disclosed in the prospectus. citeturn21view1turn21view2turn6view0

brutal, brutalism is the future.

Transformations

Due season

.

 Delete delete delete, deletion rampage! 

Bitcoin is around $71,337 right now, up about 3.6% versus the previous close, after trading as high as $72,716 intraday.

The main trigger is the reported two-week U.S.-Iran ceasefire / de-escalation, which hit broader markets all at once: oil dropped hard, stocks rallied, and crypto ripped higher with Bitcoin jumping roughly 4%–5% into the low-$72K area. Multiple outlets tied today’s BTC surge directly to that geopolitical relief and the reopening-risk premium coming out of the market. 

Then the move got extra juice from market structure. Recent reports show a lot of bearish positioning got blown out: one report said crypto liquidations reached about $595 million in 24 hours after the ceasefire headline, and another said spot Bitcoin ETFs had just seen a $471 million inflow day, the strongest since February. That is the classic combo: good macro headline + shorts getting squeezed + fresh institutional demand underneath. 

So the simplest answer is: Bitcoin is up so much right now because war-risk eased, the whole market started chasing risk again, and short sellers got run over. The one caution flag is that some analysts are already warning this could fade if the ceasefire proves fragile. 

get it

audio https://erickimphotography.com/wp-content/uploads/2026/04/Monochrome-review-.m4a

podcast

insanely great

OK, JUST AMAZON PRIMED A RICO GR MONOCHROME,,, some quick thoughts:

invisible

So I think one of the biggest benefits of the GR…  and wow… It’s been so long since I’ve used it, it’s just like how insanely light and tiny compact and effortless it is. I think on the new version, they even made it slimmer and maybe even lighter? Like for example it uses a microSD card now.

why lightness wins

So this is a very basic thought, it is that, the light or something else, even by a few ounces… the More likely you are going to use it. 

For example, in photography… In which it always seems difficult for us to just make an effort to bring our camera with us to make photos,,,, the camera which is used the most is the best camera.

Why monochrome is the future

So the more I think about it, the more I am pretty convinced that monochrome is and also must be the future.

insanely great!