Real Power?

The Duke

Master of Assassins

Savers

Work is Money

Quality of Life

Things which improve quality of life?

Frozen money

Newly poor

Arbitrary withdrawal limits?

Power overwhelming, wealth overwhelming

what is inflation?

Bitcoin is global money

Abundant energy for high quality standard of living

Don’t compare Bitcoin to gold, compare it to real estate 

Mild climate is better

Greater leverage

Exchange traded funds

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What is “equity”?

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Utility value

Bitcoin will demonetize real estate **

Monetary premium?

.

Let’s think first principles

Pure energy –> immortal

.

Cash flows are overrated?

Income, income cash flow is overrated?

Maintenance head aches

Rent it at any frequency—

Sub divide it

.

Hotel is like sub dividing rent

Heavy or nothing

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Upgrade it over time

1,000 story parking lot or building on top of it

Development rights **

Sold Heir rights
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Only way to “improve” something is to get rid of defects, or get rid of things which are bad or superfluous

Improving something is getting rid of something 

.

Think space, cyber space

Internet space

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Sell 6% coming and going

$120k to buy it, and sell it

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