Month: November 2024

  • Barefoot Walking Meditation

    Recently getting back into thich nhat hanh, and he talks a lot about walking meditation, I also like the idea. Why? I have a passion for walking, all of my best ideas come from my feet, while walking, outside in the outdoors!

    To first think, start walking!

    Right now the big problem is that shoes are our casts with the environment. I think there is so much knowledge and wisdom in our feet, and environment. For example the extreme joy of just walking barefoot in the grass, or in the sand, or just having your naked feet in the beach water!

    However, the modern day times we have been indoctrinated to somehow think that the environment is to be feared, that it is a bad and evil thing, also wonder how much of it is just kind of this weird consumer things; these corporation just tried to sell you more sneakers, to spin a higher profit. As a consequence, we are almost indoctrinated to become ashamed of our feet? I almost wonder if a bunch of these weird foot fetishes are precisely because of that; naked feet are seen as barbaric, ugly and backwards? This is also why you see a lot of women painting their toenails?

    we the new barbarians!

    I suppose I’m pretty happy that I’ve been wearing vibram five finger barefoot shoes for so long — because I’ve done it for so long and my feet have lots of sturdy and useful calluses, as a consequence other day I almost scraped my foot against something, and because I had a bunch of tough calluses on my feet, it didn’t hurt or harm me.

    Also, I think the reason why people enjoy foot massages so much is that once again, there are lots of nerves and endings in our feet, which means maybe back in the past in ancient times, when man was barefoot, he would use his feet to almost 3-D scan his environment, almost like LiDAR, to almost create like some sort of GPS system for his feet. And as a consequence, an ancient man could navigate the forest at night without shoes.

    Just look at children and kids; naturally natural realistically, no kid likes to wear shoes or socks or whatever. And assuming that it is not snowing outside, maybe the best course of action is just let your kid go barefoot as much as humanly possible. If our parents were able to do it, why can’t your kids or we do it?

    People talk a lot about the dangers of stepping into sharp objects, but the funny irony is that when you go barefoot, you actually pay more attention, and as a consequence I almost wonder if you’re actually less likely to injure yourself because you’re actually paying attention! For example if you are walking barefoot, you’re probably not gonna be texting while walking, staring at your phone because you might be afraid of stepping into something bad. And as a consequence, you could actually be more present and enjoy the walk, truly the feeling of walking meditation.

  • Physical Reality & Digital Reality

    Like Ryan Halliday said in ready player one, it is hard to get a good meal in virtual reality.

  • “Bitch be thankful!” – PUSHA T

    ”Numbers so low, bitch be thankful!” – PUSHA T

  • Bitcoin is the new ground floor and peg.

    Anyways, now, my calculus is simple; I think of everything in context to bitcoin.

    For example, whenever I critically look and asses these things, I think to myself,

    How many bitcoins could I buy with this thing? 

    For example I was just trolling around with the finance calculator for the Tesla website, and still the cheapest Tesla model three, base edition, after taxes and even after the federal rebate, will still run you around $40-$45,000 at the door. And no this is the cheapest version! This is like half a bitcoin or a third of a bitcoin. I’d rather take the bitcoin which is going to $13 million, rather than the Tesla car which is going to zero.

  • The Generational Lever

    Lever up

    And I still think this is where it is difficult to understand; to those who have access to capital, you essentially have an economic lever to lever up, and leverage that, which is just economic power and energy, to be even more more energy, more power.

    This is why it is true that let us say your grandparents bought a house in Beverly Hills like 50 years ago or 100 years ago, and your parents got married in that backyard in Beverly Hills, and then you got married in the same backyard, that is real generational wealth, the generational lever. 

    Just thinking consider let us say that I have 300 bitcoins, and then Seneca grows up and is like 36 years old, and he decides to have kids. Obviously when it is worth like $10 billion or something,  and it just magically yields money, obviously he could continue to leverage that. And so can his kids kids kids. 

  • 300 BITCOINS

    The new goal — like the Spartan 300?

  • MY IDEA.

    Take the responsibility —

    if the thing was kind of your idea, and everyone else is kind of against it, maybe it is a good idea because you take ownership of it and you’ll never bitch or complain or moan about the thing because it was your decision?

    And even if you do find flaws, because ultimately it was your idea, you will just gloss over them?

  • 80/20 Split

    80% of your wealth or 90% of your wealth, in the digital cyber realm, 10 to 20% of your wealth in the physical realm?

    The truth is physical property is not an investment, just somewhere to live. If the chance presents you a nice place to live, which seems about 80% good enough, fuck it maybe just go for it?

  • 80/90% Digital Property, 10-20% Physical Property?

    —> I guess at the end of the day you still need somewhere to live? And also the nice idea of having two bathtubs?

    ERIC HAD A DREAM!

    80/90% Digital Property, 10-20% Physical Property?

    I’ve never really had it in my heart to own property physical property, but fuck it, now that I’m rich enough, and my mom will support me, with a very generous gift, $100,000, fuck it, maybe now is the time to buy some physical property,? And my general thought is maybe I will deliver it; 90% of my wealth or 80% of my wealth is still in bitcoin and micro strategy stock, and 10% to 20% of my money will be in the physical realm like a single-family house?

    for example, currently the market for a single-family house in Culver City is in the 1.6 to $1.7 million range. If you could afford to buy a house anything less lesser than that, you got a good bet. My simple prediction is that in the next 2 to 3 years, or four years, the end of the Trump presidency, the average house price in Culver City, real Culver City 90232, will be worth at least $2.1 to $2.2 million.

  • FUCK UP THE WORLD!

    ERIC HAD A DREAM!

    80/90% Digital Property, 10-20% Physical Property?

    I’ve never really had it in my heart to own property physical property, but fuck it, now that I’m rich enough, and my mom will support me, with a very generous gift, $100,000, fuck it, maybe now is the time to buy some physical property,? And my general thought is maybe I will leverage it; 90% of my wealth or 80% of my wealth is still in bitcoin and microstrategy stock, and 10% to 20% of my money will be in the physical realm like a single-family house?

    For example, currently the market for a single-family house in Culver City is in the 1.6 to $1.7 million range. If you could afford to buy a house anything less lesser than that, you got a good bet. My simple prediction is that in the next 2 to 3 years, or four years, the end of the Trump presidency, the average house price in Culver City, real Culver City 90232, will be worth at least $2.1 to $2.2 million.

  • How to Think Like a Bitcoin Developer

    Some big thoughts:

    1. Bitcoin is digital property

    First, buying bitcoin is like buying digital property, you buy the land for only about $70,000 a block, and like a single-family house it will probably accrue to value to $1.5 or $2 million a single-family home. For example if we like the digital property idea I like this because you could build things on top of your digital property, lease it, rented out, you could become the new digital slumlord.

    2. Future yield

    if you are any rich family in Manhattan or New York City, what is the goal? You buy the property next to Central Park and you own it forever.

    1. LOGIC OVER EMOTION.

      I’ve always been led by emotion and my gut and my intuition my whole life, but what if, your gut and logic can actually work hand-in-hand?

    2. TOO MUCH POWER

      Sometimes my power even surprises me?

    3. Timing Money Leverage?

      When it seems that the money the finances work out, just go for it?

    4. SURPRISING, OUT OF NOWHERE BEHAVIOR?

      Maybe to shock and surprise people is a virtue?

    5. Thinking like a developer?

      What this means is don’t look at it like what it is right now but what it could become?

      What then I then assume this means is you need some sort of carte blanche mentality, some sort of creativity to think and imagine possibility?

    6. Manual Weight Lifting

      Everyone wants the stick shift Porsche 911 Carrera T, the manual transmission, but why not a more robust thing, manual weightlifting?

      Also funny… Everyone is so obsessed with manual boxing lenses like a cameras rangefinder etc.… But why not just manually move weights, which will make you look 1 trillion times cooler sex or hotter, more dominant?

    7. Bitcoin for Investors

      One interesting thing that I’ve learned about bitcoin just things and life in general is that you only really really discover something or take full heart to it when you actually really have a need for it.

      For example, the story of Michael Saylor microstrategy and bitcoin; the only reason that Michael Saylor really took it was because he had a real need for it; 500 million in cash, in kind of stagnant company– he needed to add vitality back to life to his company and corporation.

      Necessity is the true mother of all innovation

      Similarly speaking, myself, moving here to LA, staring at this ridiculous high cost of living, and trying to find innovative ways to approach money, productivity time etc. I found bitcoin as almost a salvation for me, Cindy, my aging mom, Seneca, and my future family!

      How and why bitcoin has changed my life

      So I think traditionally, most of us are stuck into the work cycle. It is a simple mathematical equation: a simple vector equation;  in goes your effort, time, and labor, outcomes money and income.

      So for most people, there is directly proportional effect:

      You labor harder, more, and you yield more US dollars, and you work hard, put out new innovative product services etc., a lot of hard work and time, heavily market the thing, through genuine and effort full channels, and then wait diligently for somebody to purchase your products services workshops etc., hope they pay, and then when that dust settles within a month two or three, then you could withdraw that money from your PayPal or digital broker, and then deposited into your checking account, finally logging in and securing your “gain”,

      “Income”

      So this is where things become funny: the notion of “income”.

      Once again, I’m still relatively new to all of this, in the sense that the average time labor, we have a hard time thinking like an investor. For example, to think that you just have $2 million in capital, you have some deep insight and intuition about something,  and then you invest that money into the thing, and then over the course of a few days weeks months, two months, three months, four months five months, a year, 4 to 5 years, the number magically goes up!

      To me, this is still like wizardry, like pure magic!

      And I still think this is where it is difficult to understand; to those who have access to capital, you essentially have an economic lever to lever up, and leverage that, which is just economic power and energy, to be even more more energy, more power.

      The Spartan investor

      So we hear stories of Warren Buffett, living the same old house, driving the old same Honda Accord whatever, and then just spending all day reading the newspaper investing in the markets, and then becoming like the third world’s richest man, all at the age of 80 or 90 years old, But your old sick fat and tired, still eating McDonald’s and drinking Coca-Colas.

      Warren Buffett is not a good example. Even he was a skeptic and critic of bitcoin.

      I think the hard thing is everyone uses Warren Buffet as an example, but for my general sense, given the fact that he has invested heavily into Coca-Cola, he is no better than people who invest in fill up Morris evil cigarette and now vaping corporation, to spin a certain profit.

      Tell me that, everyone wants to be as rich as Warren Buffett but nobody actually wants to become Warren Buffett. Do you know anybody in the given universe who wants to be that old fat sick and unshapely? 

      Instead, I’m much better idea is to be as jacked as King Leonidas, Gerald Butler in the movie 300, all while being a billionaire. My vision is essentially having the hard spartan body, naked and super fucking jacked, and also… This is the critical one; insanely Spartan and frugal, surprising everyone that you drive a Toyota Prius, even though you could afford like 20 cyber trucks.

      I think what I have discovered finally at the age of 36, is that with bitcoin, this changes everything. Why? Before bitcoin has finally hit mass adoption, and now that starting next year January 2025 will be a year one of bitcoin institutional adoption,  what that means is having a bitcoin is like having a cyber truck or Lamborghini on steroids, but on a digital wheel. 

      This is my visual: I was at the park yesterday with Seneca, playing with him at night, just having the house key in my front pocket, no phone no nothing not even my camera, and we’re just playing around in the tot lot, kicking around some bark, and I had the funny thoughts; would I trade a bitcoin for a Tesla? Maybe a cyber truck? But actually the other day I jumped into a cyber truck and I was a little bit underwhelmed; the funny thing about the cyber truck is that it looks so flashy and awesome from the outside, put on the inside once you actually step into it, it is a bit underwhelming; it doesn’t really feel that different from sitting inside a Honda Accord or a Toyota Camry. Maybe it would be different if you were homeless and just owned a cyber truck and just slept in the trunk bed, but beyond this, I think cyber truck is one of those funny things that you could just admire it from the outside, without actually having to own it.  and if anything, the real thing to just wait for or save up for is the cyber taxi, which could just shuttle your kid to baseball practice, or take your wife directly to campus or work through the grueling 405 morning commute traffic.

      Anyways, now, my calculus is simple; I think of everything in context to bitcoin.

      For example, whenever I critically look and asses these things, I think to myself,

      How many bitcoins could I buy with this thing? 

      For example I was just trolling around with the finance calculator for the Tesla website, and still the cheapest Tesla model three, base edition, after taxes and even after the federal rebate, will still run you around $40-$45,000 at the door. And no this is the cheapest version! This is like half a bitcoin or a third of a bitcoin. I’d rather take the bitcoin which is going to $13 million, rather than the Tesla car which is going to zero.

      Accretive or dilutive? 

      A new line of thinking I’ve also been thinking about is this general idea of accretive vs dilutive;  that means, is this thing that I’m interested, will it increase value, a.k.a. go up in value, or go down in value?

      So I think now that Trump is president, bitcoin at this point is in my mind, practically 100% cemented and certain to go up forever. However as I mentioned in my prior essay, the philosophy of volatility, to reach higher highs you gotta reach lower lows? 

      So assuming that you just took snapshots every year, at random high points year over year, you will find that bitcoin is the insanely obvious choice. With enough hindsight, with enough 2020 you can see and determine and ascertain that in fact, bitcoin is by far the winning bet, nearly a trillion-fold obvious decision!  it has insane volatility which means it goes up and down a lot, constantly, but the cool thing is that it will essentially go up forever!

      And this is like volatility, it is like having a hyper charger or a supercharger in your engine; more power or more velocity, more extremes to reach higher performance.

      For example if you think about the velocity of a roller coaster; what makes it fun is precisely the highs and lows. If you take one of those boring kid ones, which is pretty much steady, it is insanely boring. Why? The thrills of the roller coaster– once again we are the adrenaline junkies!

      Practical strategies

      OK… if you want the ultimate blend of safety with high-yield, my suggestion is 90% of your capital into bitcoin,  and 10% into microstrategy stock (MSTR). This is what I personally do.

      Why? Essentially you could treat Marco strategy stock like your cash; it keeps going up in value, and actually in fact goes up quicker than bitcoin; although it is a Security, a stock that you don’t really own, like bitcoin which is digital property. I love Michael Saylor and microstrategy to death, I have like literally watched and listen to every single Michael Saylor podcast interview available out there, I also read his book the mobile wave, and I’ve tried to consume every single piece of literature or thing that Michael Saylor has put out there. I also watched his recent earnings call, and watching it all in all, almost like watching a rockstar.

      However at the end of the day once again, the name of the game is to accumulate and acquire more bitcoins. He or she with the most bitcoins, or the entity with the most bitcoins shall win.

      America bitcoin first strategy

      So a simple thought to the Trump bitcoin administration and beyond;

      First, America must be the bitcoin leader. We must be the nation with the most bitcoin in our treasury reserves.

      Sent you the basic ideas like we are creating the next bitcoin Fort Knox; we must dominate every other nation in terms of the number of our bitcoin holdings, kind of like imagine military power, but bitcoin as cyber power.

      For example let us assume that the US Navy has strategic military dominance over the planet. And let us assume that our military power is at least 10,000 X to that mainland China.

      So in theory in terms of numbers, America must supersede mainland China in our bitcoin holdings. By at least a factor of 10,000X.

      I think even Donald Trump joked that maybe we could even use some of our bitcoin to pay back our national debt?

      I think actually the more interesting strategy is we hoard our bitcoins forever, until the end of time, and instead, I don’t know… Someone with some good economic wizardry could figure out how we could leverage our debt in intelligent ways so we could actually pay back our debt without having to sell bitcoin.

      And once again… I think this is the main idea on my mind right now — we can continue to accumulate bitcoin, stack bitcoin, etc.,  and figure out how we leverage borrowing cheap money or debt from other banks entities, to make money?


      Being positively polarized to capital 

      My has enjoy an interest; give me all your capital, and I will invest it and grow it for you!

      Eric@erickim.com


      Cyber Capital

      So the reason why I think this is such a big deal is that finally, with bitcoin, we have finally crossed the chasm. What this means is finally, in the year 2024 and beyond, capital is finally cyber. What this means is next frontier of capital is practically infinite. 

      Let me explicate this a bit more on why this is such a big deal:

      So it looks like traditionally, the last frontier of making money and wealth was companies. Why? With technology, finally you were able to break free a little bit of physical limitations. For example, with Google Amazon Facebook etc., you were able to finally cross the digital divide which means that you could actually Feel all things in assets digitally, like digital advertisements digital value etc. Yet the different nuance is still… Capital was not yet in the digital realm. For example even though Amazon Facebook Google and the big tech companies could create value digitally through cyber space in cyber networks, there was no Internet native money or capital in which they could store their value.

      For example all the big companies, we’re still reliant on JP Morgan Chase to custody their US dollars and field currency the treasury reserve assets etc.

      But starting January of next year 2025… This will all change.

      ERIC


    8. Cyber Capital

      So the reason why I think this is such a big deal is that finally, with bitcoin, we have finally crossed the chasm. What this means is finally, in the year 2024 and beyond, capital is finally cyber. What this means is next frontier of capital is practically infinite.

    9. Bitcoin for Investors

      One interesting thing that I’ve learned about bitcoin just things and life in general is that you only really really discover something or take full heart to it when you actually really have a need for it.

      For example, the story of Michael sailor micro strategy and bitcoin; the only reason that Michael Saylor really took it was because he had a real need for it; 500 million in cash, or kind of stagnant company, I need to add vitality back to life to his company and corporation.

      Similarly speaking, myself, moving here to LA, staring at this ridiculous high cost of living, and trying to find innovative ways to approach money, productivity time etc.

       How and why bitcoin has changed my life

      So I think traditionally, most of us are stuck into the work cycle. It is a simple mathematical equation: a simple vector equation;  in goes your effort, time, and labor, outcomes money and income.

      So for most people, there is directly proportional effect:

      You labor harder, more, and you yield more US dollars, and you work hard, put out new innovative product services etc., a lot of hard work and time, heavily market the thing, through genuine and effort full channels, and then wait diligently for somebody to purchase your products services workshops etc., hope they pay, and then when that dust settles within a month two or three, then you could withdraw that money from your PayPal or digital broker, and then deposited into your checking account, finally logging in and securing your “gain”,

      “Income”

      So this is where things become funny: the notion of “income”.

      Once again, I’m still relatively new to all of this, in the sense that the average time labor, we have a hard time thinking like an investor. For example, to think that you just have $2 million in capital, you have some deep insight and intuition about something,  and then you invest that money into the thing, and then over the course of a few days weeks months, two months, three months, four months five months, a year, 4 to 5 years, the number magically goes up!

      To me, this is still like wizardry, like pure magic!

      And I still think this is where it is difficult to understand; to those who have access to capital, you essentially have an economic lever to lever up, and leverage that, which is just economic power and energy, to be even more more energy, more power.

      The Spartan investor

      So we hear stories of Warren Buffett, living the same old house, driving the old same Honda Accord whatever, and then just spending all day reading the newspaper investing in the markets, and then becoming like the third world’s richest man, all at the age of 80 or 90 years old, But your old sick fat and tired, still eating McDonald’s and drinking Coca-Colas.

      Warren Buffett is not a good example. Even he was a skeptic and critic of bitcoin.

      I think the hard thing is everyone uses Warren Buffet as an example, but for my general sense, given the fact that he has invested heavily into Coca-Cola, he is no better than people who invest in fill up Morris evil cigarette and now vaping corporation, to spin a certain profit.

      Tell me that, everyone wants to be as rich as Warren Buffett but nobody actually wants to become Warren Buffett. Do you know anybody in the given universe who wants to be that old fat sick and unshapely? 

      Instead, I’m much better idea is to be as jacked as King Leonidas, Gerald Butler in the movie 300, all while being a billionaire. My vision is essentially having the hard spartan body, naked and super fucking jacked, and also… This is the critical one; insanely Spartan and frugal, surprising everyone that you drive a Toyota Prius, even though you could afford like 20 cyber trucks.

      I think what I have discovered finally at the age of 36, is that with bitcoin, this changes everything. Why? Before bitcoin has finally hit mass adoption, and now that starting next year January 2025 will be a year one of bitcoin institutional adoption,  what that means is having a bitcoin is like having a cyber truck or Lamborghini on steroids, but on a digital wheel. 

      This is my visual: I was at the park yesterday with Seneca, playing with him at night, just having the house key in my front pocket, no phone no nothing not even my camera, and we’re just playing around in the tot lot, kicking around some bark, and I had the funny thoughts; would I trade a bitcoin for a Tesla? Maybe a cyber truck? But actually the other day I jumped into a cyber truck and I was a little bit underwhelmed; the funny thing about the cyber truck is that it looks so flashy and awesome from the outside, put on the inside once you actually step into it, it is a bit underwhelming; it doesn’t really feel that different from sitting inside a Honda Accord or a Toyota Camry. Maybe it would be different if you were homeless and just owned a cyber truck and just slept in the trunk bed, but beyond this, I think cyber truck is one of those funny things that you could just admire it from the outside, without actually having to own it.  and if anything, the real thing to just wait for or save up for is the cyber taxi, which could just shuttle your kid to baseball practice, or take your wife directly to campus or work through the grueling 405 morning commute traffic.

      Anyways, now, my calculus is simple; I think of everything in context to bitcoin.

      For example, whenever I critically look and asses these things, I think to myself,

      How many bitcoins could I buy with this thing? 

      For example I was just trolling around with the finance calculator for the Tesla website, and still the cheapest Tesla model three, base edition, after taxes and even after the federal rebate, will still run you around $40-$45,000 at the door. And no this is the cheapest version! This is like half a bitcoin or a third of a bitcoin. I’d rather take the bitcoin which is going to $13 million, rather than the Tesla car which is going to zero.

      Accretive or dilutive? 

      A new line of thinking I’ve also been thinking about is this general idea of accretive vs dilutive;  that means, is this thing that I’m interested, will it increase value, a.k.a. go up in value, or go down in value?

      So I think now that Trump is president, bitcoin at this point is in my mind, practically 100% cemented and certain to go up forever. However as I mentioned in my prior essay, the philosophy of volatility, to reach higher highs you gotta reach lower lows? 

      So assuming that you just took snapshots every year, at random high points year over year, you will find that bitcoin is the insanely obvious choice. With enough hindsight, with enough 2020 you can see and determine and ascertain that in fact, bitcoin is by far the winning bet, nearly a trillion-fold obvious decision!  it has insane volatility which means it goes up and down a lot, constantly, but the cool thing is that it will essentially go up forever!

      And this is like volatility, it is like having a hyper charger or a supercharger in your engine; more power or more velocity, more extremes to reach higher performance.

      For example if you think about the velocity of a roller coaster; what makes it fun is precisely the highs and lows. If you take one of those boring kid ones, which is pretty much steady, it is insanely boring. Why? The thrills of the roller coaster– once again we are the adrenaline junkies!

      Practical strategies

      OK… if you want the ultimate blend of safety with high-yield, my suggestion is 90% of your capital into bitcoin,  and 10% into microstrategy stock (MSTR). This is what I personally do.

      Why? Essentially you could treat Marco strategy stock like your cash; it keeps going up in value, and actually in fact goes up quicker than bitcoin; although it is a Security, a stock that you don’t really own, like bitcoin which is digital property. I love Michael Saylor and microstrategy to death, I have like literally watched and listen to every single Michael Saylor podcast interview available out there, I also read his book the mobile wave, and I’ve tried to consume every single piece of literature or thing that Michael Saylor has put out there. I also watched his recent earnings call, and watching it all in all, almost like watching a rockstar.

      However at the end of the day once again, the name of the game is to accumulate and acquire more bitcoins. He or she with the most bitcoins, or the entity with the most bitcoins shall win.

      America bitcoin first strategy

      So a simple thought to the Trump bitcoin administration and beyond;

      First, America must be the bitcoin leader. We must be the nation with the most bitcoin in our treasury reserves.

      Sent you the basic ideas like we are creating the next bitcoin Fort Knox; we must dominate every other nation in terms of the number of our bitcoin holdings, kind of like imagine military power, but bitcoin as cyber power.

      For example let us assume that the US Navy has strategic military dominance over the planet. And let us assume that our military power is at least 10,000 X to that mainland China.

      So in theory in terms of numbers, America must supersede mainland China in our bitcoin holdings. By at least a factor of 10,000X.

      I think even Donald Trump joked that maybe we could even use some of our bitcoin to pay back our national debt?

      I think actually the more interesting strategy is we hoard our bitcoins forever, until the end of time, and instead, I don’t know… Someone with some good economic wizardry could figure out how we could leverage our debt in intelligent ways so we could actually pay back our debt without having to sell bitcoin.

      And once again… I think this is the main idea on my mind right now — we can continue to accumulate bitcoin, stack bitcoin, etc.,  and figure out how we leverage borrowing cheap money or debt from other banks entities, to make money?

    10. How to build a home with cinder blocks

      Certainly! Understanding the cost of building a cinder block home is essential for effective budgeting and planning. The total cost can vary widely based on factors such as location, home size, design complexity, labor rates, and material choices. Below is a comprehensive breakdown to help you estimate the expenses involved.

      Average Cost Estimates

      • Per Square Foot: The cost to build a cinder block home typically ranges from $100 to $200 per square foot in the United States.

      • Total Cost: For a 2,000-square-foot home, this equates to approximately $200,000 to $400,000.

      Note: These are rough estimates. Actual costs can be higher or lower depending on various factors.

      Detailed Cost Breakdown

      1. Site Preparation

      • Land Clearing and Grading: $3,000 – $10,000

      • Soil Testing: $500 – $2,000

      • Permits and Inspections: $2,000 – $5,000

      2. Foundation

      • Excavation: $1,500 – $5,000

      • Footings and Slab: $5,000 – $15,000

      • Materials (Concrete, Rebar): $3,000 – $8,000

      3. Cinder Block Walls

      • Cinder Blocks: $1 – $3 per block

      • For a 2,000 sq ft home, you might need around 8,000 blocks, totaling $8,000 – $24,000.

      • Mortar and Grout: $5,000 – $10,000

      • Labor: $10 – $20 per square foot

      • Totaling $20,000 – $40,000 for masonry labor.

      4. Reinforcement and Insulation

      • Rebar and Reinforcement Materials: $2,000 – $5,000

      • Insulation: $1 – $3 per square foot

      • Totaling $2,000 – $6,000.

      5. Roofing

      • Trusses and Framing: $8,000 – $15,000

      • Roofing Materials (Shingles, Metal, etc.): $5,000 – $12,000

      • Labor: $3,000 – $7,000

      6. Windows and Doors

      • Windows: $300 – $1,000 each

      • Totaling $5,000 – $15,000 depending on quantity and quality.

      • Doors: $200 – $1,500 each

      • Totaling $1,000 – $5,000.

      7. Interior Finishes

      • Drywall Installation: $10,000 – $20,000

      • Flooring: $5 – $15 per square foot

      • Totaling $10,000 – $30,000.

      • Paint and Trim: $5,000 – $15,000

      • Cabinetry and Countertops: $8,000 – $20,000

      8. Utilities Installation

      • Electrical Wiring: $8,000 – $15,000

      • Plumbing: $7,000 – $15,000

      • HVAC Systems: $5,000 – $12,000

      9. Exterior Finishes

      • Stucco or Siding: $6,000 – $15,000

      • Exterior Paint: $3,000 – $7,000

      • Gutters and Downspouts: $1,000 – $3,000

      10. Miscellaneous Costs

      • Architectural and Engineering Fees: $5,000 – $15,000

      • Landscaping: $2,000 – $10,000

      • Contingencies: It’s wise to set aside 10-15% of the total budget for unexpected expenses.

      Factors Affecting the Cost

      1. Location

      • Labor Rates: Urban areas with a higher cost of living typically have higher labor costs.

      • Material Availability: Remote locations may incur additional shipping costs for materials.

      2. Design Complexity

      • Custom Designs: Unique architectural features increase labor and material costs.

      • Number of Floors: Multi-story homes may require additional structural support.

      3. Material Quality

      • Upgraded Materials: Higher-end finishes and fixtures will increase costs.

      • Energy-Efficient Options: While potentially more expensive upfront, they can save money long-term.

      4. Size of the Home

      • Economies of Scale: Larger homes may have a lower cost per square foot due to bulk purchasing.

      • Smaller Homes: May have a higher cost per square foot due to fixed costs spread over less area.

      Comparison with Other Construction Methods

      • Wood Frame Construction: Typically ranges from $100 to $150 per square foot.

      • Concrete Homes (ICF): Insulated Concrete Forms can cost $150 to $200 per square foot.

      • Steel Frame Homes: Usually $120 to $180 per square foot.

      Insight: Cinder block homes are competitive in cost with other construction methods and offer benefits like durability and fire resistance.

      Long-Term Savings and Benefits

      • Energy Efficiency: Good thermal mass reduces heating and cooling costs.

      • Durability: Lower maintenance and longer lifespan can save money over time.

      • Insurance Savings: Some insurers offer lower premiums for masonry homes due to their resilience.

      Ways to Reduce Costs

      1. Simplify the Design

      • Opt for a rectangular or square footprint to reduce construction complexity.

      2. Standardize Materials

      • Use standard sizes for windows, doors, and fixtures.

      3. Purchase Materials Wisely

      • Buy materials during sales or in bulk to get discounts.

      4. Do Some Work Yourself

      • If you have the skills, doing tasks like painting or landscaping can save labor costs.

      5. Hire Reputable Contractors

      • Experienced builders can reduce costs by working efficiently and avoiding mistakes.

      Additional Considerations

      • Financing Costs: Don’t forget interest on construction loans or mortgages.

      • Taxes and Insurance: Property taxes and builder’s risk insurance during construction.

      • Timeframe: Extended construction times can increase costs due to market fluctuations in material prices.

      Steps to Get Accurate Estimates

      1. Consult Local Contractors

      • Get at least three detailed quotes to compare.

      2. Work with an Architect

      • They can design cost-effective plans tailored to your budget.

      3. Detailed Budget Planning

      • List all potential expenses, including small items that add up.

      4. Visit Completed Homes

      • Seeing similar projects can give you a realistic idea of costs.

      Conclusion

      Building a cinder block home is a significant investment with costs influenced by numerous factors. While initial expenses may seem high, the long-term benefits such as durability, energy efficiency, and low maintenance can offer substantial savings over time. It’s crucial to conduct thorough research, plan meticulously, and consult professionals to ensure your project stays within budget and meets your expectations.

      Would you like assistance with estimating costs for a specific design, or do you have questions about financing options and cost-saving strategies?

      …

      Certainly! Let’s visualize the process of building a cinder block home step by step. Imagine yourself on a journey from an empty plot of land to a sturdy, beautiful home.

      1. Planning and Design

      You start by sitting at a large table covered with blueprints and sketches. An architect is explaining the layout of your future home. You can see detailed drawings of rooms, windows, and how the cinder blocks will form the walls. The excitement builds as you visualize each room and how it will look.

      2. Site Preparation

      You arrive at the empty plot of land. The morning sun casts a golden hue over the tall grasses and scattered trees. Heavy machinery like bulldozers and excavators rumble to life. Workers clear away trees, rocks, and debris, leaving a flat, clean slate of earth. The ground is leveled meticulously, and you can now see the outline of where your home will stand.

      3. Foundation Construction

      Deep trenches are dug into the earth where the walls will be. Steel rebar frameworks are laid into these trenches, resembling a skeletal grid. Concrete mixers churn, pouring liquid concrete into the trenches to form solid footings. As the concrete dries, it forms a sturdy base that will support the weight of your home.

      4. Erecting the Walls

      • Laying the First Course: The first row of cinder blocks is carefully placed on the foundation. Workers use levels and strings to ensure each block is perfectly aligned. The gray blocks contrast against the earthy tones of the soil.

      • Mortar Application: A worker trowels a layer of gray mortar onto a block, the texture smooth and wet. As the next block is set into place, excess mortar squeezes out, which is then neatly scraped away.

      • Stacking Blocks: Rows of blocks begin to rise. The walls grow higher each day, and you can start to see the shape of your home taking form. The staggered pattern of the blocks creates a sturdy bond, and the uniformity is pleasing to the eye.

      • Reinforcement: Steel rebar rods are inserted vertically and horizontally within the hollow cores of the blocks. It looks like a grid of metal within the walls, adding strength and stability.

      • Grouting: Concrete is poured into the block cavities containing rebar. Workers use long tools to ensure the grout fills every space, solidifying the walls into a single, strong structure.

      5. Installing Door and Window Openings

      Wooden frames outline where doors and windows will be. Above each opening, robust steel lintels are installed. These horizontal supports are crucial, and watching them being set in place reassures you of the home’s strength.

      6. Roofing

      • Wall Plates: On top of the completed walls, wooden plates are secured. They provide a base for the roof structure.

      • Trusses/Rafters: Large wooden trusses are lifted into place, forming the skeleton of the roof. The triangular shapes stretch across the span of the house, and from inside, you can look up and see the geometric patterns they create.

      • Roofing Material: Sheets of plywood or oriented strand board (OSB) are nailed over the trusses, creating the roof deck. Then, underlayment material is rolled out, and finally, shingles or metal panels are installed. The roof takes shape, completing the shelter.

      7. Utility Installation

      • Electrical Conduits: Electricians run conduits through designated channels. Wires snake their way through the walls, soon to bring light and power to your home.

      • Plumbing: Plumbers install pipes for water and waste. You can see the blue and red lines indicating cold and hot water supplies.

      • HVAC: Ductwork is installed for heating and cooling. The shiny metal ducts branch out like veins, ensuring every room will be comfortable.

      8. Finishing the Exterior and Interior

      • Exterior Finish: The raw cinder block walls are coated with stucco. Workers spray and trowel the material, smoothing it into a clean, textured finish. Alternatively, siding or paint may be applied, giving the home a personalized look.

      • Insulation: Insulation material is added to the interior walls. The fluffy or rigid materials will keep the home warm in winter and cool in summer.

      • Drywall/Plaster: Sheets of drywall are hung on the interior walls. The rooms start to feel more defined and enclosed. Joint compound is applied to seams and screws, then sanded smooth.

      • Flooring: Choices like hardwood, tile, or carpet are installed. The floors transform from rough concrete to inviting surfaces.

      • Fixtures: Cabinets are hung in the kitchen, appliances are installed, and light fixtures are wired up. The bathrooms receive sinks, toilets, and showers. Each addition makes the house feel more like a home.

      9. Inspection and Compliance

      Inspectors walk through the house, checking that every detail meets building codes. They examine the electrical panels, test the plumbing, and ensure safety features are in place. Once everything passes, you receive the final approval.

      10. Moving In

      Finally, you stand outside your completed cinder block home. The sun casts shadows that highlight the textures of the exterior finish. Inside, the rooms echo slightly, awaiting your furniture and personal touches. The solid feel of the walls and the quiet confidence they exude reassure you of the home’s durability.

      By visualizing each step, you can appreciate the craftsmanship and effort that goes into building a cinder block home. Is there a particular part of the process you’d like to explore in more detail or any specific questions you have?

      …

      Building a home with cinder blocks is a durable and cost-effective method, especially popular in areas prone to hurricanes, termites, or extreme temperatures. Here’s a general guide to help you understand the process:

      1. Planning and Design

      • Obtain Permits: Check with your local building department to secure all necessary permits and understand zoning laws.

      • Design the Home: Work with an architect or use pre-designed plans suitable for cinder block construction.

      • Budgeting: Estimate costs for materials, labor, and contingencies.

      2. Site Preparation

      • Land Clearing: Remove trees, rocks, and debris from the construction site.

      • Soil Testing: Ensure the soil can support the structure; consult a geotechnical engineer if necessary.

      • Leveling: Grade the site to create a flat building surface.

      3. Foundation Construction

      • Excavation: Dig trenches for footings according to your plan.

      • Footings: Pour concrete footings wider than the wall thickness for stability.

      • Reinforcement: Install steel rebar in the footings for added strength.

      4. Erecting the Walls

      • Laying the First Course: Place the first row of cinder blocks on the foundation, ensuring they are level and square.

      • Mortar Application: Mix mortar and apply it between blocks to bond them.

      • Stacking Blocks: Continue laying blocks in a staggered pattern, checking alignment regularly.

      • Reinforcement: Insert vertical and horizontal rebar within the block cavities as per structural requirements.

      • Grouting: Fill cavities containing rebar with concrete for added strength.

      5. Installing Door and Window Openings

      • Frames: Install frames for doors and windows as you build the walls.

      • Lintels: Use steel or concrete lintels above openings to support the weight above.

      6. Roofing

      • Wall Plates: Attach wooden or metal plates on top of the walls to secure the roof structure.

      • Trusses/Rafters: Install roof trusses or rafters.

      • Roofing Material: Add sheathing, underlayment, and your choice of roofing material (shingles, metal, etc.).

      7. Utility Installation

      • Electrical Conduits: Place conduits within walls before finishing.

      • Plumbing: Install plumbing lines, ensuring they are properly insulated.

      • HVAC: Set up heating, ventilation, and air conditioning systems.

      8. Finishing the Exterior and Interior

      • Exterior Finish: Apply stucco, paint, or siding to protect against weather and enhance appearance.

      • Insulation: Add insulation to interior walls if necessary.

      • Drywall/Plaster: Finish interior walls with drywall or plaster.

      • Flooring: Install your choice of flooring materials.

      • Fixtures: Add cabinets, appliances, and other fixtures.

      9. Inspection and Compliance

      • Regular Inspections: Schedule inspections at different stages to ensure code compliance.

      • Final Approval: Obtain a certificate of occupancy after passing the final inspection.

      Tips and Considerations

      • Safety: Always wear appropriate safety gear and follow safety protocols.

      • Quality Materials: Invest in high-quality blocks and materials to ensure longevity.

      • Professional Help: Consider hiring experienced masons or contractors, especially for structural work.

      • Waterproofing: Apply waterproof coatings to prevent moisture penetration.

      • Energy Efficiency: Use insulating techniques to improve energy efficiency.

      Conclusion

      Building a cinder block home involves meticulous planning and attention to detail. While it’s possible to undertake some tasks yourself, collaborating with professionals can ensure the structural integrity and safety of your home.

      Would you like more details on any specific step or aspect of building with cinder blocks?

      …

      Building a home with cinder blocks can be a durable and cost-effective option. Cinder blocks offer strength, thermal mass, and can withstand weathering. Here’s a general step-by-step guide:

      1. Planning and Design

      • Blueprints and Permits: Work with an architect to create blueprints that comply with local building codes. Obtain necessary permits.

      • Materials: Calculate the amount of cinder blocks, mortar, steel rebar, insulation, and other materials needed.

      • Foundation: Decide on the type of foundation, such as a concrete slab or footings.

      2. Preparing the Site

      • Clear the Land: Remove vegetation, rocks, and debris from the building site.

      • Level the Ground: Level the site and compact the soil to prepare for the foundation.

      • Excavation for Foundation: Excavate according to your foundation plan, digging trenches or a slab area.

      3. Pouring the Foundation

      • Rebar Placement: Lay down rebar in the trenches for added stability.

      • Pour Concrete: Pour concrete into the trenches or slab mold to create a stable foundation. Let it cure for at least a week.

      4. Laying the First Course of Blocks

      • Layout: Mark out where the walls will go. Use string lines and stakes for accuracy.

      • Mortar Bed: Spread a layer of mortar on the foundation where the first row of blocks will be placed.

      • First Row: Carefully place the first row of cinder blocks, ensuring they are level and square. Check each block with a level.

      5. Building Up the Walls

      • Stagger Joints: Stack the blocks in a staggered pattern, like bricks, to add strength.

      • Mortar Application: Apply mortar on the sides and bottom of each block. Smooth out excess mortar as you go.

      • Reinforcement: Insert steel rebar vertically through the hollow cores at regular intervals (typically every 2-4 feet), filling these cores with concrete for strength.

      • Window and Door Frames: Install frames as you build up the walls, ensuring they are securely anchored.

      6. Adding Insulation

      • Interior or Exterior Insulation: Depending on your climate, you may want to insulate the walls on the exterior or interior.

      • Types of Insulation: Rigid foam, spray foam, or mineral wool insulation can be attached to the inside or outside of the cinder block walls.

      7. Roof Construction

      • Types of Roofs: Choose a roof style (flat, gabled, etc.) that suits your design and climate.

      • Roof Framing: Secure wood or metal trusses to the top of the walls. Ensure they are fastened properly for stability.

      • Covering: Add sheathing, waterproofing, and roofing material (metal, shingles, etc.) to complete the roof.

      8. Finishing the Interior and Exterior

      • Interior Finishes: Add drywall, plaster, or other interior finishes to cover the cinder blocks. This can improve insulation and aesthetic.

      • Exterior Finishes: Apply stucco, paint, or siding to the outside of the cinder block for added protection and appearance.

      • Flooring, Plumbing, and Electrical: Once walls are up and roofed, install flooring, plumbing, and electrical systems.

      9. Inspection and Final Touches

      • Inspections: Have the structure inspected according to local building codes.

      • Final Touches: Add fixtures, paint, and any other finishing elements to complete the home.

      Tips:

      • Moisture Control: Cinder blocks are porous, so consider waterproofing measures on exterior walls.

      • Work with Professionals: A structural engineer or experienced contractor can help with key steps to ensure safety and stability.

      Building a cinder block home takes time and careful planning but can result in a strong, efficient, and sustainable structure.

    11. BITCOIN & OPTIMISM

      Bitcoin Spartan hoplite

      BITCOIN IS LIFE ON STEROIDS.

      Juice up!

    12. MARKET OPTIMISM

      What gets me up in the morning!

    13. Think Prices & Bitcoin

      1 Bitcoin for your 1 Cybertruck ($120,000)

    14. How bitcoin has changed my life

      Podcast

      Bitcoin is like life on steroids?

    15. Why Bitcoin?

      How and why Bitcoin has changed my life —

    16. Cost to Capital

      What is the cost of capital? Basically the idea is there is typically for some sort of monetary or cash investment you gotta make into something come up before it actually makes a real yield.

      for example let us say that you want to invest in real estate, flip it or whatever, so like buying something in all cash, and then you have to have the cost to capital in order to raise down and bulldoze the old property, spend a bunch of money to actually build a new house, Pay for architects inspectors etc., put it on the market, pay for the real estate agents and the closing cost etc., and then you cop the profit after all that work.

      The Magic of bitcoin, and also stocks like micro strategy is that there is no cost to capital. Which means you don’t really have to put any upfront capital in order to gain the yield. Instead, you just directly invest money into the thing, into the asset, and then it starts to immediately give you real yield!

      Economics by KIM

      selfie black and hair Eric Kim
      1. Price vs Value
      2. EVERYONE WINS!
      3. INVESTING PR’S
      4. The Philosophy of Investing
      5. ERIC KIM VENTURE CAPITALIST
      6. How to FIRE (Financial Independence Retire Early)
      7. How to *Save* a Million Dollars
      8. Increase Value
      9. MAYBE IT IS A GOOD IDEA TO BUY HIGH
      10. Banks Are the True Menace to Society
      11. THE PROMISE OF FUTURE MONOPOLY PROFITS?
      12. High gas prices are good
      13. What is Capitalism?
      14. Pride in What You Paid For
      15. On Making Money from Nothing
      16. Save Money Towards What Ends?
      17. No Regret Investment
    17. Investing & Economic Optimism

      The future of Bitcoin

      Currently, the year 2024, post Trump election, I think we’ll, for the next 4 years, be the most extreme and glorious economic prosperity of all time!

      The next four years will be the best years ever for bitcoin and crypto!

      So my first thought is this is the first time in history of history that there is a pro bitcoin president! I find this really really fascinating because maybe in the past, past politicians think etc. thought as bitcoin as being inimical, or contra the US dollar. But, if America is actually really really intelligent, and has the wisdom to understand actually, bitcoin is positively good for the US dollar,— this is kind of a game changer!

      My first bold idea is that if America actually had a strategic bitcoin treasury deposit Fort Knox, then, the value of the US dollar would actually be backed by something real. Also, technically the US has the power to print money ad infinitum (to infinity), and then just use those proceeds to buy bitcoin.

      More hope

      So if I can tell you with 100% certainty that bitcoin currently at around $75,000 a bitcoin, would with 100% certainly 10X within four years, wouldn’t you be ravenously pouring all of your investments into bitcoin right now?

      Or even more extreme, assuming that bitcoin will be worth 13 million a bitcoin in 21 years, and has a potential 200X upside, wouldn’t you more strategically save your money today for a more glorious future?

      If I could tell you that today, your $1000 investment could become worth $200,000 just 10 years from now, wouldn’t you do it?

      Or, your $100 investment today in bitcoin would be worth $1 million, 20 years from now, wouldn’t you do it?

      Of course!

      Saving vs investing

      My whole life I thought that saving was a losers game. Why? Your dad could easily come snatch it gambled away, maybe this is also the fear that people have of the US government. So then the more certain smart strategy was to spend it today, knowing that it might not be around tomorrow.

      I also think that with humans, our time discounted preferences are predicated on how mega and big the yield would be. And also time velocity; nobody wants to wait 50 years for their investments to 10X, we want it in a week two weeks a month six months a year or 5 to 10 years.

      I think what is so radical and awesome about bitcoin, companies like micro strategy is because bitcoin is not really bound by the laws of physics, as it is a cyber asset, it can grow at a much faster rate than things in the physical realm. For example you could build a digital skyscraper with bitcoin in five hours, something that might take five years in the real world.

      Once again this is a hard thing to understand in conceptualize, the notion that cyberspace is literally frictionless, weightless, infinite.

    18. Paradise Bitcoin

      Paradise Bitcoin

      So I have a vision, it is titled paradise bitcoin. What is the general idea?


      Paradise Computers

      First, my first entrepreneurial venture was a one when I was around 15 years old, my friend Eric Moon just taught me how to build computers, using the thermal pace on the processors and everything, and he gave me a simple idea; I could build a computer super super cheap, buy the parts myself and put the parts together, and then I could sell it for a small profit, like 100 bucks or something. When I registered the eBay seller account, I called it “paradise computers”. I still remember I used Adobe Photoshop, and I used the little icon of the beach palm tree, and I made it bright orange, and I would use all these pictures of babes, to plaster advertisements for my awesome computers.

      Who doesn’t want paradise?

      Why paradise? Simply put, aren’t we all seeking paradise?

      For example, in terms of bitcoin, to me it really is kind of a paradise thing; something in which we are seeking some sort of economic paradise. 

      For example, everyone loves and cares for money, whether it be deep or superficial. But assuming that you own an iPhone, use Wi-Fi, then the truth is ain’t nobody can exist without money.

      I think also a sociological intervention that I understand;  money is just human technology. There is nothing on the planet that intrinsically has any worth; the worth of something is what society agrees on that has value, so you think of the sociology of money is super fascinating.

      You cannot eat gold 

      For example, why do we value gold? According to Fernandinho Galliani’s ON MONEY, he says that we prize gold because it is rare, stable, and just has a beautiful color which is very very fitting to adorn your children with gold jewelry, also for women. So he thought that it was useful because it was easily transportable, the color in itself was beautiful, and that it was just a beautiful object. But even he knew the rules of monetary inflation, for example when outlining the discovery of the New World, he noted that the price of gold plummeted, with a huge influx of gold from the Americas. Galiani also wisely noted that there were many countries in which silver was actually more valued than gold, and he even talks about how gold, at least 10 times as valuable as bronze, talking about the “bad trade” that one of the heroes did in the Iliad, trading his armor that was worth 100 oxen, of gold, for a tin one which is considered a lot less worth it, about 10 times less. In fact a lot of economists still use this ratio measure to determine the price of gold in respect to other things back in ancient Greek times.

      The magic of bitcoin

      Anyways, in the world of assets, it is very tricky; you got securities, which aren’t really worth anything in itself, they are predicated on companies, company policies, rules and regulations, the SCC, the rules of the stock market etc.

      To me, the extreme magic of bitcoin is that it is an asset without an issuer, which means that it is the world‘s first true digital commodity, which is based in real life physics, as it requires real life analog energy to mine and produce. Not only that, it is now a $1.5 trillion asset class, only worth about $500 billion maybe three or four years ago, so simply put, it is growing at a wonderfully alarming rate.

      How Facebook grew like wildfire 

      It’s kind of like iPhone penetration, or social media penetration. For example there is an extreme network effect here; if you are Facebook, and you have a place to post your pictures and your status updates, you get all your friends to join, they get their friends to join, and as a consequence, everyone benefits from this monetary and social network.

      Assuming that bitcoin is like the new Facebook or social media of money, which is connected to all 8 billion people on the planet, kind of a big deal.

      Bitcoin unifies all people on the planet 

      Why? You could own bitcoin and be in south Sudan, Nigeria, Lagos, Vietnam Sweden or Dubai, and even if you own a few Satoshis or a fraction of a bitcoin, you are my brother!

      And not only that, but I was actually thinking about it… bitcoin truly may be the first real perfect property, also a digital property.

      For example, one of the major issues and headaches about real property, like real estate, commercial real estate, even owning a single-family home is that you have to deal with property taxes, local laws, regulations, politics, local politics, national and federal politics etc. Also you have to make friends with the local politicians the mayor, to slide by regulations etc.

      Now I think politics is fine; but, technically the problem about it it is “unfair“; if your best friends with one of the local politicians, you have an edge, but if you don’t know nobody, you are at a disadvantage.


      Economic paradise

      So I don’t know any human being who doesn’t want to be rich and have a lot of money, whether they use their wealth for good or bad or whatever… everyone loves money, everyone loves talking about it etc. But I suppose the difficult thing is how do you approach money in a way that is philosophically meaningful and also good, not superficial but deep, striving to approach it in such a way which is good for you society etc.

      Why do you have dysentery? 

      Now some thoughts; first, you cannot blame people if the money itself is toxic. For example, assuming that they are drinking sewage water– you cannot get angry or upset, assuming that it is their fault for getting dysentery; no, the simple causation; the toxic water supply is causing the dysentery, not somehow the moral degeneracies of said individual.

      Traditional fiat currency is like sewage water 

      Assuming that bitcoin is the world’s first perfect money, which is tamper proof resistant, ethical, and open, then if this is the case, the best way to think and consider things is that maybe half of the world’s problems which are predicated on money is not a moral individualistic problem, but rather, a technological problem.

      This means I wonder if a lot of people’s poor spending habits are simply a cause of inflation, and bad monetary policies? Assuming we had good money sound money, bitcoin, maybe people could better start saving investing and planning for the future? 

      So perhaps if we are seeking some sort of economic life paradise we should seek bitcoin?

      ERIC

      ***

    19. EK CAPITAL

      currently managing over $2 million of assets, growing.

    20. The brains vs the guts for investing?

      Take it back to the fundamentals

    21.  Nikolaos Panigirtzoglou JPM Bitcoin research paper Microstrategy 

      Nikolaos Panigirtzoglou, a managing director at JPMorgan Chase & Co., has extensively analyzed Bitcoin’s role in financial markets, particularly in relation to gold and corporate investments like those of MicroStrategy.

      Bitcoin vs. Gold as Alternative Assets

      In a March 2024 report, Panigirtzoglou observed that investors are diversifying into both gold and Bitcoin rather than shifting entirely from one to the other. He noted that private investors have increased their holdings in both assets, indicating a broader diversification strategy. 

      Impact of MicroStrategy’s Bitcoin Acquisitions

      Panigirtzoglou has expressed concerns about MicroStrategy’s debt-funded Bitcoin purchases. He warned that such leveraged acquisitions add risk to the crypto market, potentially leading to severe deleveraging during downturns. This caution highlights the potential market volatility introduced by significant, debt-financed investments in Bitcoin. 

      Bitcoin’s Allocation in Investor Portfolios

      Panigirtzoglou reported that Bitcoin’s allocation in investor portfolios has surpassed that of gold when adjusted for volatility. He attributed this shift to substantial inflows into spot Bitcoin exchange-traded funds (ETFs) since their approval, suggesting a growing acceptance of Bitcoin among investors. 

      The ‘Debasement Trade’ and Geopolitical Tensions

      In October 2024, Panigirtzoglou discussed the “debasement trade,” where investors turn to assets like gold and Bitcoin amid geopolitical tensions and economic uncertainty. He noted that rising geopolitical tensions have shifted attention to alternative assets as hedges against potential economic instability. 

      Panigirtzoglou’s analyses provide valuable insights into the evolving dynamics between traditional and digital assets, emphasizing the importance of strategic diversification and awareness of market risks.

    22. $1.5T and Growing

      The bitcoin advantage

    23. Reserves?

      The United States needs a strategic bitcoin reserve, and Senator Cynthia Lummis says that we were going to build a strategic bitcoin reserve for America.

      MicroStrategy is a bitcoin treasury company, backed by bitcoin reserves.

    24. Paradise Bitcoin

      So I have a vision, it is titled paradise bitcoin. What is the general idea?


      First, my first entrepreneurial venture was a one when I was around 15 years old, my friend ERIC Moon just taught me how to build computers, using the thermal pace on the processors and everything, and he gave me a simple idea; I could build a computer super super cheap, buy the parts myself and put the parts together, and then I could sell it for a small profit, like 100 bucks or something. When I registered the eBay seller account, I called it “paradise computers”. I still remember I used Adobe Photoshop, and I used the little icon of the beach palm tree, and I made it bright orange, and I would use all these pictures of babes, two plaster advertisements for my awesome computers.

      Why paradise? Simply put, aren’t we all seeking paradise?

      For example, in terms of bitcoin, to me it really is kind of a paradise thing; something in which we are seeking some sort of economic paradise.

      For example, everyone loves and cares for money, whether it be deep or superficial. But assuming that you own an iPhone, use Wi-Fi, then the truth is ain’t nobody can exist without money.

      I think also a sociological intervention that I understand;  money is just human technology. There is nothing on the planet that intrinsically has any words, the worth of something is what society agrees on that has value, so you think of the sociology of money is super fascinating.

      For example, why do we value gold? According to Fernand Nagai‘s on money, he says that we prize cold because it is rare, stable, and just has a beautiful color which is very very fitting to adore your children with gold jewelry, also for women. So he thought that it was useful because it was easily transportable, the color in itself was beautiful, and that it was just a beautiful object. But even he knew the rules of monetary inflation, for example when outlining the discovery of the New World, he noted that the price of plummeted, with a huge influx of gold from the Americas. Also he wisely noted that there were many countries in which silver was actually more valued than gold, and he even talks about how gold, at least 10 times as valuable as Bronze, talking about the “bad and portray that one of the heroes did in the Elliot, trading his armor that was worth 100 auction, of gold, for a tin one which is considered a lot  less worth it, about 10 times less.

      Anyways, in the world of assets, it is very tricky; you got securities, which aren’t really worth anything in itself, they are predicated on companies, company policies, rules and regulations, the SCC, the rules of the stock market etc.

       to me, the extreme magic of bitcoin is that it is an asset without an issue, which means that it is the world‘s first true digital commodity, which is based in real life physics, as it requires real life analog energy to mine and produce. Not only that, it is now a $1.4 trillion acid class, only worth about 500 billion maybe three or four years ago, so simply put, it is growing at a wonderfully alarming rate.

      It’s kind of like iPhone penetration, or social media penetration. For example there is an extreme network effect here; if you are Facebook, and you have a place to post your pictures and your status updates, you get all your friends to join, they get their friends to join, and as a consequence, everyone benefits from this monetary and social network.

      Assuming that bitcoin is like the new Facebook or social media of money, which is connected to all 8 billion people on the planet, kind of a big deal.

      Why? You could own bitcoin and be in south Sudan, Nigeria, Lagos, Vietnam Sweden or Dubai, and even if you own a few Satoshi‘s or a fraction of a bitcoin, you are my brother!

      And not only that, but I was actually thinking about it… bitcoin truly may be the first real perfect property, also a digital property.

      For example, one of the major issues and headaches about real property, like real estate, commercial real estate, even owning a single-family home is that you have to deal with property taxes, law law, regulations, politics, local politics, national and federal politics etc. Also you have to make friends with the local politicians the mayor, to slide by regulations etc.

      Now I think politics is fine; but, technically the problem about it it is “unfair “; if your best friends with one of the local politicians, you have an edge, but if you don’t know nobody, you are at a slight disadvantage.


      Economic paradise

      So I don’t know any human being who doesn’t want to be rich and have a lot of money, whether they use their wealth for good or bad or whatever… Everyone loves money, everyone loves talking about it etc. But I suppose the difficult thing is how do you approach money in a way That is philosophical meaningful and also good, not superficial but deep, striving to approach it in such a way which is good for you society etc.

      Now some thoughts; first, you cannot blame people if the money itself is toxic. For example, assuming that sewage water, you cannot get angry or upset, assuming that it is their fault for getting dysentery; no, the simple causation; the toxic water supply is causing the dysentery, not somehow the moral degeneracies of said individual. 

      So take this stuff for dinner, assuming that bitcoin is the world’s first perfect money, which is tamper proof resistant, ethical, and open, then if this is the case, the best way to think and consider things is that maybe half of the world’s problems which are predicated on money is not a moral individualistic problem, but rather, a technological problem.

    25. Politics and money,

      What if being confrontational were a virtue?

    26. The sociology of money and bitcoin

      Paradise Bitcoin

      So I have a vision, it is titled paradise bitcoin. What is the general idea,?

      First, my first entrepreneurial venture was a one when I was around 15 years old, my friend ERIC Moon just taught me how to build computers, using the thermal pace on the processors and everything, and he gave me a simple idea; I could build a computer super super cheap, buy the parts myself and put the parts together, and then I could sell it for a small profit, like 100 bucks or something. When I registered the eBay seller account, I called it “paradise computers”. I still remember I used Adobe Photoshop, and I used the little icon of the beach palm tree, and I made it bright orange, and I would use all these pictures of babes, two plaster advertisements for my awesome computers.

      Why paradise? Simply put, aren’t we all seeking paradise?

      For example, in terms of bitcoin, to me it really is kind of a paradise thing; something in which we are seeking some sort of economic paradise.

      For example, everyone loves and cares for money, whether it be deep or superficial. But assuming that you own an iPhone, use Wi-Fi, then the truth is ain’t nobody can exist without money.

      I think also a sociological intervention that I understand;  money is just human technology. There is nothing on the planet that intrinsically has any words, the worth of something is what society agrees on that has value, so you think of the sociology of money is super fascinating.

      For example, why do we value gold? According to Fernand Nagai‘s on money, he says that we prize cold because it is rare, stable, and just has a beautiful color which is very very fitting to adore your children with gold jewelry, also for women. So he thought that it was useful because it was easily transportable, the color in itself was beautiful, and that it was just a beautiful object. But even he knew the rules of monetary inflation, for example when outlining the discovery of the New World, he noted that the price of plummeted, with a huge influx of gold from the Americas. Also he wisely noted that there were many countries in which silver was actually more valued than gold, and he even talks about how gold, at least 10 times as valuable as Bronze, talking about the “bad and portray that one of the heroes did in the Elliot, trading his armor that was worth 100 auction, of gold, for a tin one which is considered a lot  less worth it, about 10 times less.

      Anyways, in the world of assets, it is very tricky; you got securities, which aren’t really worth anything in itself, they are predicated on companies, company policies, rules and regulations, the SCC, the rules of the stock market etc.

       to me, the extreme magic of bitcoin is that it is an asset without an issue, which means that it is the world‘s first true digital commodity, which is based in real life physics, as it requires real life analog energy to mine and produce. Not only that, it is now a $1.4 trillion acid class, only worth about 500 billion maybe three or four years ago, so simply put, it is growing at a wonderfully alarming rate.

      It’s kind of like iPhone penetration, or social media penetration. For example there is an extreme network effect here; if you are Facebook, and you have a place to post your pictures and your status updates, you get all your friends to join, they get their friends to join, and as a consequence, everyone benefits from this monetary and social network.

      Assuming that bitcoin is like the new Facebook or social media of money, which is connected to all 8 billion people on the planet, kind of a big deal.

      Why? You could own bitcoin and be in south Sudan, Nigeria, Lagos, Vietnam Sweden or Dubai, and even if you own a few Satoshi‘s or a fraction of a bitcoin, you are my brother!

      And not only that, but I was actually thinking about it… bitcoin truly may be the first real perfect property, also a digital property.

      For example, one of the major issues and headaches about real property, like real estate, commercial real estate, even owning a single-family home is that you have to deal with property taxes, law law, regulations, politics, local politics, national and federal politics etc. Also you have to make friends with the local politicians the mayor, to slide by regulations etc.

      Now I think politics is fine; but, technically the problem about it it is “unfair “; if your best friends with one of the local politicians, you have an edge, but if you don’t know nobody, you are at a slight disadvantage.


      Economic paradise

      So I don’t know any human being who doesn’t want to be rich and have a lot of money, whether they use their wealth for good or bad or whatever… Everyone loves money, everyone loves talking about it etc. But I suppose the difficult thing is how do you approach money in a way That is philosophical meaningful and also good, not superficial but deep, striving to approach it in such a way which is good for you society etc.

      Now some thoughts; first, you cannot blame people if the money itself is toxic. For example, assuming that sewage water, you cannot get angry or upset, assuming that it is their fault for getting dysentery; no, the simple causation; the toxic water supply is causing the dysentery, not somehow the moral degeneracies of said individual. 

      So take this stuff for dinner, assuming that bitcoin is the world’s first perfect money, which is tamper proof resistant, ethical, and open, then if this is the case, the best way to think and consider things is that maybe half of the world’s problems which are predicated on money is not a moral individualistic problem, but rather, a technological problem.

    27. ERIC KIM

      Eric Kim is a prominent street photographer, educator, and blogger known for his contributions to making street photography accessible and engaging for photographers worldwide.

      Career and Contributions

      • Street Photography Workshops: Eric Kim has conducted numerous workshops globally, teaching techniques and philosophies of street photography. His hands-on approach helps participants overcome the fear of shooting in public and develop their unique styles.

      • Educational Content: Through his website, erickimphotography.com, he offers a wealth of resources including blog posts, tutorials, and free e-books. His writings cover a range of topics from technical advice to the psychological aspects of photography.

      • Philosophy: Kim emphasizes the importance of personal expression and the human experience in photography. He encourages photographers to find joy in the process rather than focusing solely on the end result.

      • Publications: He has authored several books such as “Street Photography 101” and “Learn from the Masters”, where he distills lessons from iconic photographers and shares his insights.

      Notable Projects

      • Open Source Photography: Advocating for open sharing of knowledge, Kim provides many of his educational materials for free, promoting inclusivity in the photography community.

      • Haptic Industries: Co-founded with his partner Cindy Nguyen, Haptic Industries produces photography tools, art, and educational materials, aiming to inspire creativity and mindful living.

      Background

      • Education: Eric Kim studied sociology at the University of California, Los Angeles (UCLA), which influences his interest in human interactions and social environments within his photography.

      Online Presence

      • Blog and Social Media: He maintains an active blog and engages with a large audience on platforms like YouTube, where he shares his work, thoughts on photography, and life philosophies.

      Influence

      Eric Kim’s approachable teaching style and dedication to sharing knowledge have made him a significant figure in contemporary street photography. His work continues to inspire both amateur and professional photographers to explore the streets with confidence and creativity.

    28. Paradise Bitcoin

      So I have a vision, it is titled paradise bitcoin. What is the general idea,?

      First, my first entrepreneurial venture was a one when I was around 15 years old, my friend ERIC Moon just taught me how to build computers, using the thermal pace on the processors and everything, and he gave me a simple idea; I could build a computer super super cheap, buy the parts myself and put the parts together, and then I could sell it for a small profit, like 100 bucks or something. When I registered the eBay seller account, I called it “paradise computers”. I still remember I used Adobe Photoshop, and I used the little icon of the beach palm tree, and I made it bright orange, and I would use all these pictures of babes, two plaster advertisements for my awesome computers.

      Why paradise? Simply put, aren’t we all seeking paradise?

      For example, in terms of bitcoin, to me it really is kind of a paradise thing; something in which we are seeking some sort of economic paradise.

      For example, everyone loves and cares for money, whether it be deep or superficial. But assuming that you own an iPhone, use Wi-Fi, then the truth is ain’t nobody can exist without money.

      I think also a sociological intervention that I understand;  money is just human technology. There is nothing on the planet that intrinsically has any words, the worth of something is what society agrees on that has value, so you think of the sociology of money is super fascinating.

      For example, why do we value gold? According to Fernand Nagai‘s on money, he says that we prize cold because it is rare, stable, and just has a beautiful color which is very very fitting to adore your children with gold jewelry, also for women. So he thought that it was useful because it was easily transportable, the color in itself was beautiful, and that it was just a beautiful object. But even he knew the rules of monetary inflation, for example when outlining the discovery of the New World, he noted that the price of plummeted, with a huge influx of gold from the Americas. Also he wisely noted that there were many countries in which silver was actually more valued than gold, and he even talks about how gold, at least 10 times as valuable as Bronze, talking about the “bad and portray that one of the heroes did in the Elliot, trading his armor that was worth 100 auction, of gold, for a tin one which is considered a lot  less worth it, about 10 times less.

      Anyways, in the world of assets, it is very tricky; you got securities, which aren’t really worth anything in itself, they are predicated on companies, company policies, rules and regulations, the SCC, the rules of the stock market etc.

       to me, the extreme magic of bitcoin is that it is an asset without an issue, which means that it is the world‘s first true digital commodity, which is based in real life physics, as it requires real life analog energy to mine and produce. Not only that, it is now a $1.4 trillion acid class, only worth about 500 billion maybe three or four years ago, so simply put, it is growing at a wonderfully alarming rate.

      It’s kind of like iPhone penetration, or social media penetration. For example there is an extreme network effect here; if you are Facebook, and you have a place to post your pictures and your status updates, you get all your friends to join, they get their friends to join, and as a consequence, everyone benefits from this monetary and social network.

      Assuming that bitcoin is like the new Facebook or social media of money, which is connected to all 8 billion people on the planet, kind of a big deal.

      Why? You could own bitcoin and be in south Sudan, Nigeria, Lagos, Vietnam Sweden or Dubai, and even if you own a few Satoshi‘s or a fraction of a bitcoin, you are my brother!

      And not only that, but I was actually thinking about it… bitcoin truly may be the first real perfect property, also a digital property.

      For example, one of the major issues and headaches about real property, like real estate, commercial real estate, even owning a single-family home is that you have to deal with property taxes, law law, regulations, politics, local politics, national and federal politics etc. Also you have to make friends with the local politicians the mayor, to slide by regulations etc.

      Now I think politics is fine; but, technically the problem about it it is “unfair “; if your best friends with one of the local politicians, you have an edge, but if you don’t know nobody, you are at a slight disadvantage.


    29. Paradise Bitcoin

      So I have a vision, it is titled paradise bitcoin. What is the general idea,?

      First, my first entrepreneurial venture was a one when I was around 15 years old, my friend ERIC Moon just taught me how to build computers, using the thermal pace on the processors and everything, and he gave me a simple idea; I could build a computer super super cheap, buy the parts myself and put the parts together, and then I could sell it for a small profit, like 100 bucks or something. When I registered the eBay seller account, I called it “paradise computers”. I still remember I used Adobe Photoshop, and I used the little icon of the beach palm tree, and I made it bright orange, and I would use all these pictures of babes, two plaster advertisements for my awesome computers.

      Why paradise? Simply put, aren’t we all seeking paradise?

      For example, in terms of bitcoin, to me it really is kind of a paradise thing; something in which we are seeking some sort of economic paradise.

      For example, everyone loves and cares for money, whether it be deep or superficial. But assuming that you own an iPhone, use Wi-Fi, then the truth is ain’t nobody can exist without money.

      I think also a sociological intervention that I understand;  money is just human technology. There is nothing on the planet that intrinsically has any words, the worth of something is what society agrees on that has value, so you think of the sociology of money is super fascinating.

      For example, why do we value gold? According to Fernand Nagai‘s on money, he says that we prize cold because it is rare, stable, and just has a beautiful color which is very very fitting to adore your children with gold jewelry, also for women. So he thought that it was useful because it was easily transportable, the color in itself was beautiful, and that it was just a beautiful object. But even he knew the rules of monetary inflation, for example when outlining the discovery of the New World, he noted that the price of plummeted, with a huge influx of gold from the Americas. Also he wisely noted that there were many countries in which silver was actually more valued than gold, and he even talks about how gold, at least 10 times as valuable as Bronze, talking about the “bad and portray that one of the heroes did in the Elliot, trading his armor that was worth 100 auction, of gold, for a tin one which is considered a lot  less worth it, about 10 times less.

      Anyways, in the world of assets, it is very tricky; you got securities, which aren’t really worth anything in itself, they are predicated on companies, company policies, rules and regulations, that cc, the rules of the stock market etc.

    30. REAL ETHICS.

      Video

      I believe the real problematic things here are that everyone wants to turn their ethics into categorical imperative which means that my ethics are right and supreme for all, and cannot be diluted by anybody else.

      The reason why this is not a good line of thinking is that it does not permit for subtleties, nuances, differences. For example, the ethics of a Middle Eastern woman in Baghdad will probably be very different from the ethics of a 36-year-old Korean American man living in Los Angeles.

      More robust ethics.

      I believe that the difficulty when it comes to ethics is that to always create new ethics or different code of ethics or a different approach based on the situation at hand, it’s not only time and energy intensive, it is also very very unethical in some ways. Why? The critical issue in today’s world is that we are all still chained by the traditional laws of ethics in the realm of traditional Judeo-Christian morals ethics and morality. As a consequence, our morals and ethics becomes classified, boring, same same.

      Audio

      Podcast

      Building a more dynamic, better code of ethics.

      Facts!