How to Become a Millionaire

Big idea: how to store value without a trusted intermediary? 

One of the issues with batteries, electric cars, Teslas… You cannot store the value, store the energy! It will slowly bleed. I suppose one of the upside of having a Prius, is the gasoline will sit in your car, and not lose value or energy or power.

Also… If you think about MPG is like maintenance cost… Then he or she becomes the richest, is basically predicated on the fact of here who has the lowest maintenance costs.

the secret of becoming rich 

OK, now with my net worth with Cindy and Seneca over 1M, 1.2M and beyond… I suppose now I can say I am a “millionaire“.

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Save 1,000 years.

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The anti kid

The anti dad?

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What don’t you want your kid to be like or become when they get older in high school?

Was Mark Zuckerberg homeschooled?

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Physical risk, real physical land.

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Consumption on the left, saving on the right


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Saving … no belief?

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$14B tax bill

Why you got to pay attention –>

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.1% maintenance costs

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Longest duration asset

Longest duration strategy

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Digital capital

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No tax, no traffic, no attendance, no tort, no trouble no mayor no weather no corrosion no regulator

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Strip way all the bad stuff add the good stuff.

Nobody resents you

Invisible indestructible, immortal, teleport Abel, programmable, divisible, musical, fungible, configurable

Symphony with capital

440 hertz

manipulate harmonial

Harmony

None of the detriments

$10M a Bitcoin until they figure it out

$100M in Africa 100 years

Nothing. Entire continent

What will you capitalize on ? Lebanese pound?

Chinese and Europeans don’t want their currency

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Digital dollars > Digital euros

Manhattan

Never sell apartment in manhattan

Manhattan or Nothing

$50K out of China out of China limits

Capital controls

Why volatile

Anyone anywhere, useful

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Volatility ,,, feature not a bug.

Cross collateralized

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Don’t eliminate volatility! Volatility is vitality and life ***

Superior return over long term

Superior yield

Superior interest

Performance

Y correlates to SP 500

The holy grail

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Asset without counter party risk

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Not anti culture

Sharpe ratio

Reason from first principles

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Don’t study data just think about it

Don’t look backwards ***

Godzilla goes to playground

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Bitcoin is Godzilla!

I am Godzilla!

24% magnificent 7

SP, 13%

Real estate 10%

Bitcoin 46%

Annualized asset performance


Bitcoin has never been hacked only exchanges

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All major crypto’s are collapsing against Bitcoin

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ETH collapsing

Copied 4M times all losing

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Ask chat

Larry Fink

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July 15, 2024– Larry Fink black rock chairman and ceo

Bitcoin is legitimate

3 year, 99% up

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Digital gold

Real need for everyone to look at one alternative

iBit, ETF blackrock bitcoin

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Bitcoin is backed by power ***

700 exahash

18 Gigawatts

$800B invested ,,, 200 week simple moving average

420m crypto, 220M people own bitcoin ***

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Stupid money is other stuff

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Digital capital war

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Defensive to opportunistic then opportunistic

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We just buy all the time , no red dots no selling

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Since 2020… Four years, 226,500 bitcoins on balance sheet, acquired for 8.3 billion or $36,000 a bitcoin


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46% a year

Micro strategy

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Lever it.

910% micro strategy

854% NVIDIA

Tesla, 129%

Google, 100%

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Secret?

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What companies do you really really like anymore?

I don’t really like Tesla that much anymore 

Buy NVIDIA?

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Real Training, real fitness?

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Steve jobs think different ***

Blog different think different ,.,

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Shoot different

Live different

Be different

Lift different

2020 to 2024 crazy years

Point 99, 2034 …

May 2010 pizza day

April 2011 Satoshi disappear

Become property 2014 IRS

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2017 hive goes public

2018 fidelity digital assets

2020 negative interest rates

SAB 121 repeal.

August 2024

Jan 2025 ,,, fair value accounting

August 2024… Morgan Stanley approval of IB, FBTC for solicited sale 
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You got 10 years to obtain ***

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Point 99 reflexive price shock

All you got is 99% by December 26, 2034… 3759 days, or 10.3 years

1.145 million of bitcoin, or 74 billion 

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$2B, raised 2.4B

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Point99, offset by lost bitcoin

Inflection point becomes the first deflationary asset ***

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Think 10 years!

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First perfect money

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