Something insanely epic incoming!
Month: March 2024
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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.
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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.
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Dynamic Growth
Growth is dynamic, not scalar.
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I WANT MORE ACTION!
Where’s the real action at???
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We learn, adjust an iterate based on feedback
Bodily feedback, pain, pain sensors and sensations?
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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?
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Male car preferences vs female car preferences?
How much of this is socialized?
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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 JúlÃus 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 ….
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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 —
â€This seed ain’t free!â€
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Why am I still so skeptical of Ethereum?
Certainly the technology of Ethereum is quite phenomenal, it is almost like a programmable Internet.
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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?
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$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.
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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
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Real time data for revolution
The value of defi?
Stable coin?
Bigger vision
What fascinates you?
Off chain x on chain?
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Real world utility
Stable currency
US D
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Decentralized stable coin, stability
Yield opportunities
Empowering
Interest rates? Rate driven
Liquidity locked in assets?
Demand for on chain stable coins
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The aavecoin founder is boring
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Diversity of collateral
More stability
Lending protocols
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Initial design patterns
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Kill it while others are still sleeping or in bed or at home?
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Create a single inter connected worldOne internet of contracts
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One Internet
Data transmission layer
Single Internet of contracts
The bank chain?
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YOU become the defender
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Infrastructure problems to fix
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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.
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Quality of Nodes — fees for dynamics
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The crypto world is still insanely early!
Crypto world right now is still AOL 3.0?
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High level of security guarantee
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“Risk management�
Vs profit opportunity?
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Functional oracles
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Oracle field is insanely hard!
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What does chainlink data feeds show and NOT show?
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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
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Generate security for protocol and critical interactions
Don’t experience risk or loss
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How much more data can you put into real world assets
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Defi industry?
Why is everyone else sleeping?
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Liquidity layers
 the cold witch invigorates, versus the cold which weakens? 
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Pain which invigorates you, pain which weakens you?
Good pain stimulates you!
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Survival and thrivival of the most powerful
The Most Powerful Shall Thrive ***
Have children, propagate and so forth
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Not everyone can fly a plane
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Metamask is BS
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CRYPTO!
So insanely invigorating!
.Most people are dumb
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Growing markets vs Dying markets
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Finance works slowly
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400% yield?
400% yield for a year?
Yield drives arbitrators
“Free lunch‖
Turkey on my table
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True adoption is slow
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Numbers are weird and not intuitive
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Compounding success rates
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True Revolution?
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Credit score?
Clear & Familiar
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Thumbs up!
SUN OVER DEVICES
We gain stronger stimulation from the sun
I walk wherever I want to go! ***
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Providing data sources, real world assets
On chain data structure anyone can audit
Proof of reserves for individual people?
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Don’t trust people who drink?
$2T, trillion dollar market
— 1 trillion humans?
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Legal Hurdles?
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Open source standards
In anticipation of
2->10T
$200 Billion … inevitable.
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Connect Better
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Throw up the peace sign!
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Our lives are more complex today than 5 years ago … more complex but more interesting
.
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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.
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“Let’s Do It!!!â€
Send it!!!
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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
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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:
- 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.
- 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
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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.
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Money Hyperlinks?
Also … the ability to download money?
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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 —
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When to Strike?
Strike while the iron is hot!!!
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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
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FirepowerÂ
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?
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Pain Killer vs Pain *Bringer*?
Bring the pain!
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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:
- Never Share What You *Really* Think
- “Happiness†is for Women, Not for Men
- “Rules†& “Regulationsâ€
- Stubborn Geniuses
- Avoid Misery
- What We Hate
- HOW I DEAL WITH RACISM
- How to Become a Great Man
- BETTER TO FOLLOW YOUR GUT AND BE WRONG THAN DISOBEY YOUR GUT AND BE RIGHT
- “I CAN’T BE FUCKED.â€
- Carte Blanche Ethics
- Toxic People
- Why Are We So Into Other People
- Just focus on yourself and your own life
- Perfect morals and ethics is following your own gut
WHY ETIQUETTE? - NO BLAME, JUST CAUSE AND EFFECT.
- Ignorance Takes Courage
- TREAT OTHERS CARTE BLANCHE
- Don’t give people what they want or what you *think* they want, give them what you think they *should* have.
- Anti Small
- Disdain or Admiration?
- Beware Those With Good Intentions
- STUBBORN x FLEXIBLE
- ETHICS ARE VIA NEGATIVA
- OBEDIENCE & DISCIPLINE
- The Motive of Criticism
- Ethics are Social
- Anti Role Models
- What is Greed?
- On Having the Courage to Make Your Own Decisions
- How *NOT* to Get Duped or Suckered
- Why Help Others?
- The Duty of the Strong
- Why I’m So Intolerant Towards Intolerance
- The Ethics of Criticizing Others
- Consult Your Own Conscience
- The Ethics of Shit Talking
- The Ethics of Personal Enrichment
- I’m Easily Distracted
- On Forming Your Own Opinion
- ERIC KIM Philosophy of Tolerance
- Tolerance
- Aesthetics are Ethics
- Morality and Ethics
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7 PLATES
LET’S DO IT!
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PARADISE MOUNTAIN
It’s real!
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Artistic Vision
Architecture & Nature — the perfect human synthesis?
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Bitcoin Prices
The more volatility, the better
The higher the spikes, the higher it can go!