Month: March 2024

  • What Is My (New) Purpose in Life?

    Something insanely epic incoming!

  • Pain is Bad, Pleasure is Good

    Listen to your bodies pain sensors; if something causes you pain, don’t do it like that!

    And this is also the important thing; there is a certain point in which pleasure, when you have too much of it does turn into pain.

  • Growth Opportunities

    How much room or opportunity is there for growth?

    With Bitcoin, sky’s the limit!

    I think with bitcoin, you could easily hit $150,000 a bitcoin, post halving, and then after that, I wouldn’t be surprised to see one bitcoin being worth $750,000, $1.3 million, $10 million, $100 million a bitcoin etc.

    For example, I just took $65,000 worth of my mom‘s money, and put it into bitcoin maybe two years ago, when bitcoin was only around $22,000 bitcoin, and already, it has ballooned to $210,000! That is a $145,000 gain… that’s a lot!!! Only bitcoin is worth around $70,000 a bitcoin, I more than 3X’d my mom‘s money,.. let alone talk about my own money with Cindy.

  • Dynamic Growth

    Growth is dynamic, not scalar.

  • I WANT MORE ACTION!

    Where’s the real action at???

  • We learn, adjust an iterate based on feedback

    Bodily feedback, pain, pain sensors and sensations?

  • No Gyms, No Fake Policing

    I suppose my great joy of not working out at gym, just building my own home gym is that there is no policing; I can work out without a top on, barefoot, whatever, nobody nagging me about something.

    Maybe this is also the upside of homeownership? No one just nagging you?

  • Men and Women Should Be Separate?

    Maybe it would be more productive for society to separate man and woman?

    For example, man only gyms, and also, woman only gyms?

    This is why in sports, typically at least the high school, college level… you never see coed sports. A woman would be destroyed even in high school football. Or, if you took Roger Federer versus Serena Williams, Roger Federer would destroy Serena. Also, the funny nuance; the highest ranking female UFC MMA fighter will destroy 99.9% of the male population, but would be destroyed by even one of the lower ranking male UFC fighters. And certainly, the top male UFC fighter versus the top UFC female fighter, this would not even be ethical.

    I suppose the nuance is more subtle when it comes to mental matters, or scholastic pursuits. But even here, the nuance is important; the type of thoughts which come out of female scholarship are certainly different from than that of male scholarship.

    Also in the field of philosophy, stoicism, certainly both men and women have an interest in it, but there seems to be at least a 90% slant towards men. More men are interested in stoicism, philosophy, the Elliott conquest and war than women.

    I believe that man and woman is equal, but different.

    Also the standards should be different. For example, lunch should not compare the world record of deadlift of a man versus the world deadlift record of a woman.

    The current top deadlift records are as follows:For men, Hafþór Júlíus Björnsson holds the record with a deadlift of 501 kg (1,104.5 lb), achieved on May 2, 2020, at Thor’s Power Gym in Kópavogur, Iceland oai_citation:1,Brian Shaw: World’s Strongest Man Champion – lowkickmma.com.For women, Tamara Walcott has set the all-time raw deadlift world record with a lift of 288.5 kilograms (636 pounds) oai_citation:2,Powerlifter Tamara Walcott Deadlifts All-Time Women’s Raw World Record ….

  • Pleasure *for the sake* of creating children

    Children are pleasure!

    Maybe this is where the whole notion of not spilling your seed or losing it superfluously is critical:

    First, to produce a child is certainly a very very expensive process and thing. In terms of physiological energy and power.

    Nothing comes out of nothing.

    So if you consider the seed of a man, his semen… certainly it is infused with much life power and force. To simply lose it via fellatio or sex or whatever which doesn’t directly yield to having children or kids seems fruitless ,,, both metaphorically and literally.

    Be very very critical and choosy of your seed —

    ”This seed ain’t free!”

  • Why am I still so skeptical of Ethereum?

    Certainly the technology of Ethereum is quite phenomenal, it is almost like a programmable Internet.

  • How & Why Crypto is so Fascinating to Me

    Crypto and all this Bitcoin online crypto currency stuff ,,, it is digital, ethereal money. Or “fake” money— when it came to digital things online, like photos videos, video games, items etc.… Internet in general, didn’t everyone think that it was fake, not real, just a hype?

  • $17,357.00 USD Gain in a Single Day?

    1.88% gain … a very very small gain, sub 2%, in a single day can yield $17,000 USD? That’s a lot.

    That’s 5 months of rent in a single day! Whoa.

  • FEAR & POWER

    What do you truly believe in? 

    Your own personal thoughts and beliefs, not that of somebody else?

    Perfect location?

    Grand visions?


    Real world assets?

    Proof of reserves? Make it programmable

    Layers build utility on top

    Quantify risk?


    Better execution environment

    Everyone on the same playing field

    See social behavior on chain.

    Information asymmetry, insider information

    *

    Real time data for revolution

    The value of defi?

    Stable coin?


    Bigger vision

    What fascinates you?

    Off chain x on chain?

    **

    Real world utility

    Stable currency

    US D

    .

    Decentralized stable coin, stability

    Yield opportunities

    Empowering

    Interest rates? Rate driven

    Liquidity locked in assets?

    Demand for on chain stable coins

    .

    The aavecoin founder is boring

    .

    Diversity of collateral

    More stability

    Lending protocols

    .

    Initial design patterns

    .

    Kill it while others are still sleeping or in bed or at home?

    .
    Create a single inter connected world

    One internet of contracts

    .

    One Internet

    Data transmission layer

    Single Internet of contracts

    The bank chain?

    .

    YOU become the defender

    .

    Infrastructure problems to fix

    .

    Decentralized oracle networks

    Scale their security

    Higher quality nodes more nodes

    Blocks of transactions in a single spot vs thousands of networks

    Connections to values, scale it up.

    .

    Quality of Nodes — fees for dynamics

    .

    The crypto world is still insanely early!

    Crypto world right now is still AOL 3.0?

    .

    High level of security guarantee

    .

    “Risk management”?

    Vs profit opportunity?

    .

    Functional oracles

    .

    Oracle field is insanely hard!

    .

    What does chainlink data feeds show and NOT show?

    .

    Thousands of networks

    Blockchain technologies , good to make replicas ***– load balancing.

    Create more blockchain technologies , fragmentations

    Fragmentation of liquidity to buy real world assets

    Fragmentation creates a big limiting factor

    CCIP–

    Oracle networks

    Cannot trust a single Oracle,,,

    Move data into block chains

    Movement of data and tokens , tokens are data moving across chains

    Comes back to security

    Stringent requirements

    .

    Generate security for protocol and critical interactions

    Don’t experience risk or loss

    .

    How much more data can you put into real world assets

    .

    Defi industry?

    Why is everyone else sleeping?

    .

    Liquidity layers

     the cold witch invigorates, versus the cold which weakens? 

    .

    Pain which invigorates you, pain which weakens you?

    Good pain stimulates you!

    .

    Survival and thrivival of the most powerful

    The Most Powerful Shall Thrive ***

    Have children, propagate and so forth

    **

    Not everyone can fly a plane

    .

    Metamask is BS

    .

    CRYPTO!

    So insanely invigorating!
    .

    Most people are dumb

    .

    Growing markets vs Dying markets

    .

    Finance works slowly

    .

    400% yield?

    400% yield for a year?

    Yield drives arbitrators

    “Free lunch”–

    Turkey on my table

    .

    True adoption is slow

    .

    Numbers are weird and not intuitive

    .

    Compounding success rates

    .

    True Revolution?

    .

    Credit score?

    Clear & Familiar

    .

    Thumbs up!

    SUN OVER DEVICES

    We gain stronger stimulation from the sun

    I walk wherever I want to go! ***

    .

    Providing data sources, real world assets

    On chain data structure anyone can audit

    Proof of reserves for individual people?

    .

    Don’t trust people who drink?

    $2T, trillion dollar market

    — 1 trillion humans?

    .

    Legal Hurdles?

    .

    Open source standards

    In anticipation of

    2->10T

    $200 Billion … inevitable.

    .

    Connect Better

    .

    Throw up the peace sign!

    .

    Our lives are more complex today than 5 years ago … more complex but more interesting

    .

  • Buy on the weekend

    The best time to buy crypto, assets is the weekend, because everyone is still asleep, in bed at home etc. Volume is low.

    Cindy spotted quite wisely that it looks like crypto, the markets boom on the Monday, when everyone is backed at the office, back at work, back in front of a laptop or computer screen starting their trading.

  • Market timing, bitcoin market timing

    Very very simple: try to get any bitcoin as you can before the having! Then post the having, you could do whatever other strategizing and trading and speculation.

    Obvious decisions are obvious

  • I hate dogs and dog shit

    Dogs are the menace to society!

    Just accidentally stepped in some dog Doodoo. Insanely gross. Fortunately I did it with my LA SPORTIVA boots on, which means at least I was protected. But still… Now I gotta use some chopsticks or some thing to pick up the dog crap from in between my vibram soles on the bottom!

    Talking about this point more poetically; maybe this is a good way we could just think about life in general, some people are just like dog shit, nobody likes to step in the crap of another human being or another animal. For example, not gross to clean up the crap from your own child, or your own, but insanely gross to do it of another living being.

    And this is the big problem; some pet owners comply and pick up the crap after their dogs, some don’t.

    How to stay away

    Some points:

    1. People talk about “toxic” people and thought and stuff in general; maybe it is better to just think about dog shit. The reason why this is so vivid, especially if you accidentally stepped in it, a foreign dog or whatever you could see all the disgusting colors, Maybe food items inside their shit, etc. It is insanely Unethical, the fact that you have to clean it out yourself, that difficult thing is if the dog owner let their animal drop a deuce in the side of the street and you accidentally stepped in it, for the owner to clean your shoes, or the dog had the ability, to have the dog clean out the shoes.
    2. Maybe the same metaphor could be taken with other people; once you make eye contact with them, just look at them and make side of them, interact with them, talk with them, or accidentally overhear them talking… It takes you a long long time to clean out that metaphorical dog shit from your mind
  • How does aave work

    How connected with chainlink and bitcoin

    AAVE’s connection with Chainlink and Bitcoin can be understood through its integration with decentralized oracle networks and the broader cryptocurrency ecosystem.Connection with ChainlinkAAVE integrates with Chainlink to access reliable, tamper-proof data feeds. Chainlink is a decentralized oracle network that provides external data to smart contracts on the blockchain. Here’s how AAVE benefits from this connection:Price Feeds: AAVE uses Chainlink’s oracles to get accurate and up-to-date price feeds for the various cryptocurrencies deposited and borrowed on the platform. This is crucial for functions like calculating collateral requirements, determining liquidation thresholds, and adjusting interest rates in real-time.Security and Reliability: By relying on Chainlink’s decentralized network of oracles, AAVE ensures that its protocol is secure against manipulation and single points of failure. This is vital for maintaining trust in the platform’s automated processes.Innovation and Integration: The use of Chainlink oracles facilitates the introduction of innovative features such as AAVE’s flash loans. Secure access to real-time data allows the protocol to execute complex operations that depend on external information, like price movements.Connection with BitcoinBitcoin does not directly interact with Ethereum-based DeFi protocols like AAVE due to its different blockchain architecture. However, there are indirect connections through wrapped tokens and cross-chain bridges:Wrapped Bitcoin (WBTC): Bitcoin can be brought onto the Ethereum network in the form of Wrapped Bitcoin (WBTC), a token pegged to Bitcoin’s value and backed by an equivalent amount of Bitcoin in reserve. WBTC can be used in the Ethereum ecosystem, allowing Bitcoin holders to participate in DeFi activities, including lending and borrowing on AAVE.Cross-Chain Bridges: Besides WBTC, other technologies and platforms enable the transfer of Bitcoin to Ethereum and other blockchains, facilitating its use in DeFi. These bridges expand the potential utility of Bitcoin beyond its native blockchain, integrating it into the broader ecosystem of decentralized finance.SummaryChainlink: AAVE’s integration with Chainlink is essential for the secure and accurate functioning of its DeFi protocol, leveraging Chainlink’s oracles for real-time data such as cryptocurrency prices.Bitcoin: While Bitcoin does not directly interact with AAVE, its presence is felt through wrapped versions like WBTC, enabling Bitcoin to be used within the AAVE platform and broader DeFi space.These connections exemplify the interconnectivity of the cryptocurrency world, where different projects and technologies collaborate to create a more integrated and functional ecosystem.

    AAVE is a decentralized finance (DeFi) protocol that allows people to lend and borrow cryptocurrencies without the need for a traditional financial intermediary such as a bank. Its operation is based on the Ethereum blockchain, leveraging smart contracts to manage transactions automatically and securely. Here’s a brief overview of how AAVE works, focusing on its lending and borrowing mechanisms, governance, and innovative features:Lending on AAVESupplying Assets: Users supply digital assets (cryptocurrencies) to AAVE’s liquidity pools. In return, they receive aTokens, which are interest-bearing tokens representing their stake in the pool. The interest rate lenders earn fluctuates based on supply and demand dynamics within the pool.Passive Income: The interest rates are algorithmically adjusted. When the demand for borrowing a specific cryptocurrency increases, the interest rate goes up, and lenders earn more. Conversely, if the demand decreases, the interest rate falls.Borrowing from AAVEOvercollateralization: To borrow, users must first supply collateral that exceeds the value of the loan they wish to take out. This is known as overcollateralization, and it mitigates the risk of default.Interest Rates: Borrowers can choose between stable and variable interest rates. Stable rates offer predictability over repayments, while variable rates can fluctuate with market conditions.Liquidation: If the value of the collateral falls below a certain threshold (due to a drop in asset price), the loan is subject to liquidation. This means part of the collateral is sold off to repay the loan, ensuring the protocol remains solvent.GovernanceAAVE’s governance model involves AAVE tokens. Holders of AAVE tokens can propose changes to the protocol and vote on proposals made by others. This decentralized governance mechanism ensures that changes to the protocol are made transparently and democratically.Innovative FeaturesFlash Loans: AAVE introduced the concept of flash loans, which are uncollateralized loans that must be borrowed and repaid within a single blockchain transaction. This feature is particularly useful for developers and arbitrageurs.Rate Switching: Borrowers on AAVE can switch between stable and variable interest rates. This allows users to manage their borrowing costs more effectively based on market conditions.Decentralized: Being decentralized, AAVE operates 24/7 without any central authority. Transactions are secured by cryptography and the Ethereum blockchain.Pragmatic PerspectiveFor individuals interested in DeFi, AAVE represents a significant innovation, offering a way to earn interest on cryptocurrency holdings or to borrow against them without going through traditional financial institutions. Its governance and features like flash loans underscore the flexibility and power of DeFi platforms. However, potential users should be aware of the risks, including market volatility and smart contract vulnerabilities. Engaging with AAVE and similar platforms requires a thorough understanding of these technologies and the current DeFi landscape.

  • Money Hyperlinks?

    Also … the ability to download money?

  • Open Source Finance?

    Why this matters —

    1. Money governs our lives!!! Assuming you’re not living in your mom’s basement, assuming you pay rent, a mortgage or whatever or student loans or credit card debt loans whatever —

  • When to Strike?

    Strike while the iron is hot!!!

  • Decentralized Finance?

    Borderless finance? Finance without borders?

    Open source finance

    Transparent

    Works better

    Brought here by curiosity

    Permission-less

    Less friction to how to access

    Not predictable how these systems work?

    Weird conditions , counter party risks

  • Firepower 

    Digital power — digital power providers, most powerful computer network in the world 

    Decaying — physical decay? 

    People want a new idea? Cyberspace 

    $10B in Bitcoin 

    Issue debt

    Promote the Bitcoin ecosystem, build it. 

    ..

    The bitcoin ETF is the biggest thing in Wall Street for the last 30 years?

  • Frugality *IS* Manliness?

    A thought:

    More manly, more masculine to be frugal than to be spendthrift?

    To waste money extravagantly as weak, non-manlike.

    ETHICS by KIM

    What to become:

    1. Never Share What You *Really* Think
    2. “Happiness” is for Women, Not for Men
    3. “Rules” & “Regulations”
    4. Stubborn Geniuses
    5. Avoid Misery
    6. What We Hate
    7. HOW I DEAL WITH RACISM
    8. How to Become a Great Man
    9. BETTER TO FOLLOW YOUR GUT AND BE WRONG THAN DISOBEY YOUR GUT AND BE RIGHT
    10. “I CAN’T BE FUCKED.”
    11. Carte Blanche Ethics
    12. Toxic People
    13. Why Are We So Into Other People
    14. Just focus on yourself and your own life
    15. Perfect morals and ethics is following your own gut
      WHY ETIQUETTE?
    16. NO BLAME, JUST CAUSE AND EFFECT.
    17. Ignorance Takes Courage
    18. TREAT OTHERS CARTE BLANCHE
    19. Don’t give people what they want or what you *think* they want, give them what you think they *should* have.
    20. Anti Small
    21. Disdain or Admiration?
    22. Beware Those With Good Intentions
    23. STUBBORN x FLEXIBLE
    24. ETHICS ARE VIA NEGATIVA
    25. OBEDIENCE & DISCIPLINE
    26. The Motive of Criticism
    27. Ethics are Social
    28. Anti Role Models
    29. What is Greed?
    30. On Having the Courage to Make Your Own Decisions
    31. How *NOT* to Get Duped or Suckered
    32. Why Help Others?
    33. The Duty of the Strong
    34. Why I’m So Intolerant Towards Intolerance
    35. The Ethics of Criticizing Others
    36. Consult Your Own Conscience
    37. The Ethics of Shit Talking
    38. The Ethics of Personal Enrichment
    39. I’m Easily Distracted
    40. On Forming Your Own Opinion
    41. ERIC KIM Philosophy of Tolerance
    42. Tolerance
    43. Aesthetics are Ethics
    44. Morality and Ethics
  • 7 PLATES

    LET’S DO IT!

  • Artistic Vision

    Architecture & Nature — the perfect human synthesis?

  • Bitcoin Prices

    The more volatility, the better

    The higher the spikes, the higher it can go!