Digital Capital
Digital Capitalism
Everything Slow and expensive
The 22nd century?
900T
300T real estate
$18T art
.1%
.
Provide utility, preserve capital
$450T long term capital store of value
.
$450T–> assets held for utility
.
Engineering a better system
Energy, frequency & vibration **
.
Physics of money
Energy – money capital wealth
Frequency – duration lifespan
Vibration. : trade, transfer, transform
..
The newest is best
L=V/M
Lifespan of asset is the value of asset divided by maintenance cost ***
–> cost of maintenance?
.
How to avoid or prevent decay?
Stock to flow
Preserve capital. And economic energy
.
Long duration assets
High useful life vs low useful life
.
14 years ,,, 99.99%
OSS
Hedge fund, 25 years
2% fee, 20% performance fee. 4% a year –> 25 year hedge fund
30 years,
Mutual fund 100, 1% fee
.
Mutual fund
.
Inflation dilutes the value of financial assets
Insurance
FRICTION
5 year Ferrari
.
Insurance, upkeep, 5 year
Yacht. 6 year
.
17 year home, $10M to maintain it over 17 years
Silver 22 years
Warehouse 40-50 years
Bar or gold 62 year
Land. 91 years. 1.1% land
.
King ranch, 173 years
1851
.
Crown estate, 958 years
7 families
.
1066
.
Entropy is diluting the value of physical assets
.
You can’t get out of the game,,, then break even, then win
.
Immaterial
BTC custodian, 1000 years
.
10 bp for custody
.
Self custody, 10,000 years ?. .. 1bp
100,000 AI or computer program years
.
.1bp
Own Bitcoin or the ranch in Texas .. AI wants bitcoin
Digital assets
If you would be rich, trade wisely
Permenant > Temporaey
Capital > Currendy
Trade
.
Global > Local
Digital > Physical
.
$1T
60 guulders … best port …
Dutch buy manhattan
$2.1T NYC MANHATTAN
6% for 398 years,
Gain: 10,500,000,000
Naval power ***
France sells Louisiana for $15M
1803
27% of 48 states , Jefferson
$12T,,, vision,
Russia sold Alaska for $7.2 M
Alaska Purchase, $1 T oil
.
Parade of horrible
.
2020 August 10
55% annual return rate since 2020 August . Only 4 years?
.
Last every 4 more years
21 year
.
$3M, $20
2045 $49M, $13M, 7% assets
.
$280T, Bitcoin market cap…
Mega corps
Art grow
2045
.
$280T, visible on the chart ***
Subsidized credit to borrow Bitcoin
Don’t quit your day job
Don’t use margin loans or trade with leverage
.
$50k a year in bitcoin
Don’t be a normie
Triple maxi **
.
Increase mortgage to invest in BTC,
move to low tax jurisdiction
Extra. $50K in taxes
Result
BTC,,, 15.9 BTC
.
$213M by 2045–>
15.9 BTC to triple maxi
.
MSTR
97% annualized return
Over Tesla, Google, msft, aapl, meta, nflx, Amzn
.
Lower expenses to buy Bitcoin ***
.
Every hundred dollars or so
.
Don’t invest in ice cream cones
Long duration
.
It could be 100x, $300B
$4B is normie
Wealth
.
The first country
$19T,,, BTC, 1.9M,,,
.
-3T, normie
.
Get insanely rich. $58T
BTC, 4.2M
.
Cannot steal capital
.
Triple hardcore
Sell the paper go long range sell gold
.
Starting 2025
.
2045… solve half our problems
276 ^ 3
Bitcoin is cyber manhattan ***
Only 276 blocks
.
2009 .
It might make sense just in case it takes off
1000x
Bitcoin is the future of capital and money
.