Why Money?

Money as stored power, and labor, to be used at other times?

Money as potential energy? 

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smuggler –> someone who doesn’t want to pay taxes

Control over the mercantile network

The doge in Venice

Who takes half your money

Energy flow

Pontifex Maximus

Democratic is often bad?

–> Apple as the ultimate democratizing thing

200 basis point spreads

Amsterdam -> distribution center

It is useful to have god on your side

Create the religion for political and economic reasons

Center of empire

Create economic density

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1 export in America is security

Blows up

The most dangerous industry?

Difficult technologies

100 story skyscraper

Steel is the perfect material for civil engineering –> cheap

Steel will last forever

Cold rolled steel

Steel is strongest of strong

No steel no bridges

No bridges no manhattan

Makeup is for ugly people?

Aluminum is 20x more expensive than steel

Aluminum flies

Trillion dollar industry

Civilization

Energy Network

We are not alike

1900-1950: conquer infectious diseases

People with tuberculosis –> 1B people death sentence

1/2 penicillin antibiotics and sterilization half of history books

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People bleeding themselves to death?

Think population

Defeat tuberculosis

Fungus

Think modular clothing?

Don’t channel people in any direction too much

Accidental breakthrough

1/2 of breakthroughs are accidental
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What is muscle? A store of power

Latent energy

Nobody cares for your token! The biggest issue with tokens is that you could just keep producing them

For example, if you are an arcade, the Peter Pan arcade, then as a consequence, you could keep making these tokens ad infinitum 

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The Black Eagle

The warberghs

Mobile Capital

Harder, faster stronger

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Smile!

Bitcoin Theory –> I’m excited about this!

The first digital monetary system,

Perfected . 200B market cap

100B of monetary energy

95%-99% doesn’t believe in them?

Fire unleashed, too big to fail

Exothermal

Collapsing into lower energy state

For a nickel? Massive Dematerialize of value

Steam to water to ice

Giving off energy

How important is energy to the human race?

The bodybuilder ERIC KIM

PHASE TRANSITION

Money is the highest form of energy humans can channel?

What is money

Why does money matter

Missle –> kinetic energy

Aqueduct water and gravity

Weight and weight lifting is gravity

.

Money as battery

Lose 2% a month, lose 24% of your energy a year?

24% inflation a year

$100M of energy and electricity you gotta use it today!

Gold : claim of saving

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Think mobile

$100M of energy 100 years into the future

..

Laptop charged in attic for 100 years

Gold will last in vault 100 years

1900–> USA vault, we are the most successful, JPMORGAN remains NYC…. 2% miner rate of gold

35 years

100M–35M in 70 years , 12.5M in 100 years

Gold battery drained

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Don’t trust people with small dogs

Over a long enough time the mortality rate is 100%

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Variable defense

Variable

Why Save?

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Commodity is bad

Don’t be commoditized

Branding

.

Stability is Key

Electricity > Apple

Public Utility

.

Boring?

.

$5 vs. $250,000

50,000x cheaper!

Crypto rails

Vacuum

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