Month: November 2024

  • Why Bitcoin?

    The virtues of Bitcoin —

    First, it actually might be the most important and valuable thing for the human race, all 8 billion of us on the planet. Why? The reason is because it is money perfected. If you don’t have money, individual agents on the planet, we human beings cannot interact with one another.

    let us consider, assuming that you own an iPhone or iPhone Pro or you like having the Internet, Wi-Fi 5G etc.… Can you imagine trying to exist and live without the Internet, Wi-Fi, Delene, flights and airlines, weights weightlifting stuff,

  • FREE MONEY!

    MSTR STOCK LET’S GOOOOOO!

    Pure joy, pure bliss!

  • THANK GOD!

    Thank god I sold Chainlink and bought (back) my Bitcoin!!! Phew!

  • BTC YIELD KPI

    Accretive strategy

    Assumed Diluted Shares Outstanding

    BTC Yield is a key performance indicator (“KPI”) that represents the percentage change period-to-period of the ratio between the Company’s bitcoin
    holdings and its Assumed Diluted Shares Outstanding.

    BTC Yield KPI
    From October 1, 2024 to November 17, 2024, the Company’s BTC Yield was 20.4%. From January 1, 2024 to November 17, 2024, the Company’s BTC
    Yield was 41.8%.

    Total bitcoin holdings

    Total ,,,, from Dec 31st 2023 (189,150) to Sept 30 2024 (252,220) to November 17 2024 (331,200)—>!

  • UNLEASH THE (BITCOIN) BEAST!

    The Bitcoin beast, the Bitcoin behemoth!

  • GO MSTR.

    On November 18, 2024, the Company announced that, during the period between November 11, 2024 and November 17, 2024, the Company had sold
    an aggregate of 13,593,865 Shares under the Sales Agreement for aggregate net proceeds to the Company (less sales commissions) of approximately
    $4.6 billion. As of November 17, 2024, approximately $15.3 billion of Shares remained available for issuance and sale pursuant to the Sales Agreement.

    November 11, 2024->November 17, 2024 … acquired approx 51,780 bitcoins for approximately $4.6B in cash, at around $88,627 per bitcoin.

    Now total 331,200 bitcoins, aggregate purchase price of $16.5B, and average purchase price of approx $49,874 per bitcoin!

    Bitcoin Holdings Update
    On November 18, 2024, MicroStrategy Incorporated (the “Company”) announced that, during the period between November 11, 2024 and
    November 17, 2024, the Company acquired approximately 51,780 bitcoins for approximately $4.6 billion in cash, at an average price of approximately
    $88,627 per bitcoin, inclusive of fees and expenses. The bitcoin purchases were made using proceeds from the issuance and sale of Shares (defined
    below) under the Sales Agreement (defined below).
    As of November 17, 2024, the Company, together with its subsidiaries, held an aggregate of approximately 331,200 bitcoins, which were acquired at an
    aggregate purchase price of approximately $16.5 billion and an average purchase price of approximately $49,874 per bitcoin, inclusive of fees and
    expenses.

  • HOW???

    When money is involved ,,, big money, you don’t want to get your eyes off the prize ,,,

  • MicroStrategy is Fucking Amazing!!!

    Hot off the press like an hour ago — MSTR just acquired another 51,780 BTC for ~$4.6billion at ~$88,627 per Bitcoin,,, 41.8% BTC YIELD year to date. Now HODL 331,200 BTC, …,!

    Can’t stop won’t stop!!!

    MicroStrategy Acquires 51,780 BTC and achieves BTC Yield of 20.4% QTD and 41.8% YTD; Now Holds 331,200 BTC

    Form 8-K  •  November 18, 2024

    DOWNLOAD PDF >

  • Nobody wants an Apple device anymore?

    We want Bitcoin instead!

    The best gift this season — give the gift of Bitdoin!

  • The Innovation Ain’t Fast Enough?

    The virtues of Bitcoin vs let’s say an iPhone, iPhone Pro or Apple device —

    1. You cannot iterate, or develop or make a new iPhone or iDevice or Apple device fast enough. You have to deal with the laws of entropy, workers, worker rights, the laws of physics, shipping & supply lines etc.
  • Think Kaizen

    I still think that the Japanese notion of kaizen, which is like this notion of gradual improvement, like 1 to 3%, either day or day, week over a week, etc.… Is a good idea. 

    I applied this philosophy to so many different things in my life. For example stacking bitcoins and money, just trying to funnel whatever money I can into bitcoin, 

  • What is a digital commodity

    The only true digital commodity is bitcoin; which is an asset without an issuer, backed by digital power. 

    What is a digital security? An asset with an initial, backed with a security — equity, debt, derivative .

    .

    Digital currency : asset with an issuer, backed by a fiat currency

    .

    Digital token: a fungible asset with an issuer, offering a digital utility

    .

    Digital nonfungible token, a nonfungible asset with an issue offering digital utility .

    Digital asset back to token: asset with an issue, packed by a physical asset like cold oil or corn .

    .

    Digital securities …

    An interesting idea, shouldn’t you be able to store your iPhone shares in your iPhone?

    .

    Better yet, how could you use your digital assets to pay for your rent?

    .

    Digital securities rules… $EricKim

    Small business issues securities were 3 million to global investors to fund your expansion

    .
    L

    Digital token, issue a digital token to your followers for Superfan privileges like Taylor Swift or Kanye West.

    .

    Bitcoin wall revitalize capital markets,

    .

    Digital equity, digital art?

    Digital real estate?

    .

    .

  • Monetary inflation is 13.3%

    Gold is 3.6%

    Accompany must grow organically at least 15% a year, or else an institutional investor will lose their interest and liquidity in the firms equity and options

    First, don’t destroy your capital

    Don’t bleed capital, capital and heat loss.

    So it looks like already… We are kind of already entering the LA winter again. In the evening it’s starting to dip into like 49°, whereas during the day, in the dark light it is like a lovely 70° and sunny.

    So we left the other day to visit Orange County and we left the window open. The day was really nice like 72°, but because we left the window open, by the time we got home, the house was super effing cold. Why? The heat loss principle; obviously if it’s like 40° outside and you keep the window open, it’s going to be super cold by the time you get back.

    .

    go our economy, deliver prosperity to our people, and also overcome our deficit

    .

    60% ARR

    .

    Over four years bitcoin is up 60%, the magnificent seven is up only 29%, real estate is only up 10%, the S&P 500 is only up 15%, gold is terrible  only 6%. Even worse bonds are -5%.

    .

    Currently, bitcoin is only $1.8 trillion, gold is 16 trillion, is 18 trillion, cars in flexibles are only 6 trillion, real estate is 330 trillion. Antiquities in stocks is about 115 trillion.

    .

    The question… How much of this is to serve utility versus capital Preservation?

    The first rule of money: don’t lose money!

    Capital preservation

    Store value

    $850 billion, almost $1 trillion has already been invested in bitcoin, and this is real money.

    220 million people on the planet own bitcoin, which is close to the population of America, which I suppose is around 420 million people. And surely uncertain, the number of individuals who owned bitcoin, like I already got my 67 year-old uncle to buy like $3500 worth of bitcoin, and he has been a gold Smith and gold jeweler and jewelry dealer for almost 35 years

    .

    Bitcoin is the most interesting and sexiest investment on the planet today.

    Already now… Bitcoin is actually the seventh largest asset by market capitalization, already now… Bitcoin is above Facebook and meadow which is number 10.

    Gold is currently number one at around $17 trillion, Nvidia at $3.6 trillion, which is surprising because it is actually above Apple which is $3.4 trillion. And bitcoin is gonna soon overtake Google which is worth $2.2 trillion, and soon Amazon which is also about $2.2 trillion.

    .

     governments are buying bitcoin. City should also buy bitcoin?

    The USA currently owns 208,000 bitcoin, surprisingly that is less than about 278,000 bitcoin that micro strategy owns.

    El Salvador was very wise, buying about 6000 bitcoin,

    .

    China mainland in China has 190,000 bitcoin, which is actually close to the USA.

    .

    Bitcoin will become worth $280 trillion in terms of market cap? That is like..l

    If bitcoin is 2 trillion it is like at least 100 X?

    .

    100 X from here?

    21 years, 100X

    .

    $50M, $49M a Bitcoin?

    ,

    568x?

    500x

    .

    The $3.4M Leica?

    $500,000 a month in property taxes ,,, could be gains?

    .

    $6.8M a year?

    .

    $56,000 photo shoot

    I’ll do it for like $100 a Bitcoin!

    .

    1000T market cap, why not?

    .

    .

    4,000T

    120% ARR

    .

    27x vs 12x

    .

    $17M

    .

    .

    Why bitcoin and micro strategy is actually more valuable than Tesla

    So certainly Tesla is like perhaps in terms of vehicles in transport and mobility like the most valuable company in America possibly the planet. But still… There is going to be a future in which certain people decide not to drive a Tesla car, smart people like myself who actually prefer their Toyota Prius. 

    What is more important than global money? Nothing.

    .

  • Switch it Up!

    Change is growth!

    590x

  • 560X

    Think 560x—

    $10 today is $5,600 tomorrow!

  • Kaizen Gains

    So with weightlifting, my strategy has been super simple,… Week over a week workout after work workout, just simply try to add another 2.5 pounds to each side of the barbell. This insanely simple strategy has helped me lift the mythical 1000 pounds, my insanely epic 1000 pound atlas lift,— which is 10 1/2 plates on each side of the barbell.

    I think we could also apply this line of reasoning to investing; just keep stacking Satoshis and bitcoins, steadily gradually and conservatively but consistently — and within four years, you’re gonna be insanely mega!

    Economics by KIM

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

    Perhaps “mindful time” is a better notion and idea?

  • Money Philosophy for Millenials

    So honestly at this point, assuming that your money if you invested in bitcoin could 550 X from here,,, perhaps it is very wise to figure out where you invest your money, or you don’t invest your money etc.

    The considerations to consider

    The first consideration is that any dollar spent on something could have otherwise been a dollar invested in something else. And now that we are at the tipping point in which it will be the bitcoin which is actually more valuable than the US dollar, then, if that is the case, we almost have to start thinking in bitcoins and Satoshi’s.

    like give me a simple example; let it say that a cyber truck is currently worth around 110,000. To me, as much as I love the cyber truck it almost seems like the stupidest decision on the planet to buy a cyber truck instead of just Bitcoin. Why? Your cyber truck, irregardless of how cool or awesome it is… Will sooner or later lose value — like is simply the laws of physics. Even if you had a super rare Porsche or Ferrari or something, even in theory if it increases value on paper… After maintenance cost and storage cost etc.… You’re still bleeding money.

    Stop the bleeding & heat loss!

    so a very very basic one is you gotta stop the heat loss and stop the bleeding!

    For example, if it is winter time… The best way to stay warmer in your home is to seal the door door frames, windows etc. Figure out where the heat is losing, I think this is philosophy occurs with money. Figure out where you’re bleeding money through some sort of stupid subscriptions, my simple suggestion is unsubscribe from all subscriptions, all streaming platforms all streaming everything. If you want access to something, either pay outright, or, subscribe for just a month and cancel it watch the thing then stop.

    All subscriptions are bad subscriptions?

  • People just want to be or feel noticed and acknowledged?

    Don’t be the typical pussy loser who doesn’t acknowledge your neighbors whatever. Whenever you see them or make eye contact, small wave and say hello! Only cards pretend like they didn’t see the other person.

  • Why Bitcoin is All-American

    Podcast >

    So in a very very interesting shift of things, I guess I’m super pro Trump Donald Trump, because he is super super 1000% pro bitcoin. And also, contrary to what people understand, Donald Trump is anti-war, he wants to immediately stop the war in Ukraine, he actually wants global peace.

    This is kind of a little bit shocking to me, because I’m from the liberal Bay area, Alameda Oakland Berkeley I still got my 510 area code number… what that means is that I was always raised in thinking that conservative Republicans were like the devil.

    Why? I grew up so poor, why were all these super super rich people super anti-helping out poor people like myself?

    And also, I thought that overall, the policies were pro war, … I always thought that Republicans and conservatives were for war,… in that liberals and Democrats or anti-war?

    Just do the research for yourself

    I think the credit card thing that I learned is ultimately… You must just do the research for yourself by yourself.

    For example, one big thing that changed my opinion about Donald Trump was watching his talk at the bitcoin conference and also seeing his interview with Joe Rogan. To me the reason why this was so good was that it humanized him, often times whenever we hear news reports or snippets from whatever… It is kind of like bad and evil click bait cherry picking; you will never get a true sensor reality until you watch the raw interview, the full two or three hours or so, uninterrupted, and also encourage watching the actual video footage.

    Make your own choices

    I think the number one thing that is very very difficult in politics is that so much of it is predicated on other random political lines. For example, truth be told I still qualify myself as a Democrat and a left leaning liberal, yet… When it comes to individual policies and opinions and thoughts, my personal belief system is actually far more multi variegated.

    For example… I’m all about helping poor people, and the like, and I’m not like super anti-taxes either.  if I were a homeowner, I would probably vote yes to increase taxes assuming that the money would go to actually support the public elementary schools.

    Yet also what I do believe in support is having individual sovereignty to my bitcoin, without having the government metal in my bitcoin. I am also very anti-centralized digital currency by the US government, I think this is very scary. Essentially if you had a centralized digital bank currency by the American government, this would be worse than big Brother, 1984 in brave New World, having a super baby together.


    So why does this all matter?

    I think it matters because ultimately you gotta have somewhere to live, and I’m pretty sure that you do have a certain belief system.

    Bitcoin world peace!

  • I fucking love Culver City!

    Culver till I die! 

    Why?

    I care! I care about this city!

    I take off graffiti, I clean it up, I pick up broken glass shards on the floor when it is a public hazard, I love this place for life!

    Certainly there is no perfect place on the planet, but assuming that this world and planet is like Mad Max, it is like our little Elysium in zombie apocalypse Los Angeles.

  • Bitcoin & America

    Podcast

    Audio

    Why Bitcoin is All-American

    So in a very very interesting shift of things, I guess I’m super pro Trump Donald Trump, because he is super super 1000% pro bitcoin. And also, contrary to what people understand, Donald Trump is anti-war, he wants to immediately stop the war in Ukraine, he actually wants global peace.

    This is kind of a little bit shocking to me, because I’m from the liberal Bay area, Alameda Oakland Berkeley I still got my 510 area code number… what that means is that I was always raised in thinking that conservative Republicans were like the devil.

    Why? I grew up so poor, why were all these super super rich people super anti-helping out poor people like myself?

    And also, I thought that overall, the policies were pro war, … I always thought that Republicans and conservatives were for war,… in that liberals and Democrats or anti-war?

    Just do the research for yourself

    I think the credit card thing that I learned is ultimately… You must just do the research for yourself by yourself.

    For example, one big thing that changed my opinion about Donald Trump was watching his talk at the bitcoin conference and also seeing his interview with Joe Rogan. To me the reason why this was so good was that it humanized him, often times whenever we hear news reports or snippets from whatever… It is kind of like bad and evil click bait cherry picking; you will never get a true sensor reality until you watch the raw interview, the full two or three hours or so, uninterrupted, and also encourage watching the actual video footage.

    Make your own choices

    I think the number one thing that is very very difficult in politics is that so much of it is predicated on other random political lines. For example, truth be told I still qualify myself as a Democrat and a left leaning liberal, yet… When it comes to individual policies and opinions and thoughts, my personal belief system is actually far more multi variegated.

    For example… I’m all about helping poor people, and the like, and I’m not like super anti-taxes either.  if I were a homeowner, I would probably vote yes to increase taxes assuming that the money would go to actually support the public elementary schools.

    Yet also what I do believe in support is having individual sovereignty to my bitcoin, without having the government metal in my bitcoin. I am also very anti-centralized digital currency by the US government, I think this is very scary. Essentially if you had a centralized digital bank currency by the American government, this would be worse than big Brother, 1984 in brave New World, having a super baby together.


    So why does this all matter?

    I think it matters because ultimately you gotta have somewhere to live, and I’m pretty sure that you do have a certain belief system.

    Bitcoin world peace!

  • Why Money Matters

    Unless you like munching on acorns, and living in a hut by yourself, then, bitcoin matters.

    For example, you don’t even matter if you’re one of those weird vegan hippies who want to be detached from it all — in today’s world it is like physically impossible to live without money, without US dollars, without Apple Pay without your Visa credit card, your debit card or cash money.

    People say that love of money is the root of all evil. Yet, this is misguided; maybe the whole time because the money was imperfect, the love of an imperfect thing was considered a vice.

    But what if money were perfected, almost godlike?

    Then, love of bitcoin would be virtuous! 

    Money vs Capital

    To me, the difference is I see money more like transactions, stuff you buy and stuff, whereas capital is actually the Apex desired thing; the true king & emperor.

    Bitcoin is king

    Why? It unifies all 8 billion of us on the planet, and we are not restricted by jurisdiction, laws, governments politics etc. Bitcoin is pierced; it is a political, righteous and virtuous. It is like gold perfected.

    If you could store gold on the cloud, on your iPhone, your iCloud account, this is what bitcoin would be.

    ***

    The virtues of Bitcoin

  • Why bitcoin is all American

    So in a very very interesting shift of things, I guess I’m super pro Trump Donald Trump, because he is super super 1000% pro bitcoin. And also, contrary to what people understand, Donald Trump is anti-war, he wants to immediately stop the war in Ukraine, he actually wants global peace.

    This is kind of a little bit shocking to me, because I’m from the liberal Bay area, Alameda Oakland Berkeley I still got my 510 area code number… what that means is that I was always raised in thinking that conservative Republicans were like the devil.

    Why? I grew up so poor, why were all these super super rich people super anti-helping out poor people like myself?

    And also, I thought that overall, the policies were pro war, … I always thought that Republicans and conservatives were for war,… in that liberals and Democrats or anti-war?

    Just do the research for yourself

    I think the credit card thing that I learned is ultimately… You must just do the research for yourself by yourself.

    For example, one big thing that changed my opinion about Donald Trump was watching his talk at the bitcoin conference and also seeing his interview with Joe Rogan. To me the reason why this was so good was that it humanized him, often times whenever we hear news reports or snippets from whatever… It is kind of like bad and evil click bait cherry picking; you will never get a true sensor reality until you watch the raw interview, the full two or three hours or so, uninterrupted, and also encourage watching the actual video footage.

    Make your own choices

    I think the number one thing that is very very difficult in politics is that so much of it is predicated on other random political lines. For example, truth be told I still qualify myself as a Democrat and a left leaning liberal, yet… When it comes to individual policies and opinions and thoughts, my personal belief system is actually far more multi variegated.

    For example… I’m all about helping poor people, and the like, and I’m not like super anti-taxes either.  if I were a homeowner, I would probably vote yes to increase taxes assuming that the money would go to actually support the public elementary schools.

    Yet also what I do believe in support is having individual sovereignty to my bitcoin, without having the government metal in my bitcoin. I am also very anti-centralized digital currency by the US government, I think this is very scary. Essentially if you had a centralized digital bank currency by the American government, this would be worse than big Brother, 1984 in brave New World, having a super baby together.


    So why does this all matter?

    I think it matters because ultimately you gotta have somewhere to live, and I’m pretty sure that you do have a certain belief system.

    Bitcoin world peace!

  • Bitcoin is American

    $6 Million Bitcoins — 6 Nakamotos!

    Triple trump max let’s go!!!
    Triple trump max let’s go!!!

  • Tesla is American!

    TESLA is all red white & blue! People forget this?

    If you’re pro America, you’re pro Bitcoin, Pro Tesla?

  • Don’t Be a German Nazi!

    Don’t forget —> Adolf Hitler supported the growth and building of Volkswagen — the wagon (cars) of the “people”—

    The national socializta party —

    1. No German cars: no Porsches, Lamborghinis (a VW PASSAT on steroids), no Audis (VW Jettas), no VW’s.
    2. No German cameras: No Leica.

    Be American, Buy American?

    Why don’t we,, *prefer* American things over German things?

    Why do we think that being German, thinking German, purchasing German stuff somehow makes us superior? Why not classic American stuff instead?

  • Don’t stifle growth

    .

    Public ledger

    .

    The red side.

    The resistance

    Let go of power!

    .

    FDIC?

    CBDC,,, NO!

    Individual wallet, individual sovereign asset ***

    No CBDC!

    .

    The finance committee

    .

    Excise tax ?

    30% excise tax

    … light touch?

    Nuclear Energy!

    *

    Don’t be a German Nazi!

  • Financial Racism?

    The senate banking committee

    Setting Bitcoin free at last!

    .

    It’s free at last!

    Be a preacher

    Tim Scott

    Senator

    .

    Freedom money

    .

    Gives people their individual sovereignty

    Don’t stifle innovation

    THE SEC

    .

    Ginzler — hit the road jack!

    .

    The banking committee

    .

    Commodity vs Security

    .

    Clear rules?

    .

    “You’re too dumb to make your own financial decisions”

    .

    Financial Racism?

  • The Will to Bitcoin

    The Will to Bitcoin

    Encumbered, unencumbered?

    The right to Bitcoin


    The rights of persons to maintain full lawful control over the bitcoin and other digital assets of those individuals, recognizing that the ability to maintain self custody of private keys is fundamental to the principles of financial sovereignty, privacy, and personal liberty in the digital age.

    So this idea is super fascinating to me; life liberty and the pursuit of happiness.

    Also, the right to personal sovereignty, privacy and personal liberty.

    So I guess the big issue is we don’t have privacy anymore. There are CCTV everywhere, cameras everywhere, trackers on the Internet which follow and track your every move.

    Also, assuming you have some sort of credit card thing with points, the way that they give you these points is that you essentially sell or forfeit your purchasing data, although it is anonymized, people could track every single financial move activity and behavior.

    No I am not one of those weirdos who over since sensationalize this; ultimately, I don’t really care that much. What I am more interested is in, maybe the concept of digital property, digital property rights.

    What is also really fascinating is how bitcoin is global digital capital, digital rights for all all across the planet.

    For example, assuming that you live in mainland China and there is capital controls, what that then means is that you cannot take out $1 billion of Chinese yuan out of the country, even if you wanted to. Actually technically the smart strategy for rich me and Chinese person who wants to come to America whatever, is to swap all of their Chinese yuan or whatever for bitcoin, as much as humanly possible, and then just peace out.

    The reason why this would be such a good strategy is that the truth is, nobody wants their wealth or their capital to be locked anywhere. For example, even my insane and annoying I remember like six months ago I just wanted to take out like $500 from the ATM at JPMORGAN Chase, and I could not, as the limit was around like 300 bucks? 

    And this is the thing which is really really weird to me — so I just want access to my money, why can’t I have access to my own money? 

    The Bitcoin Artist 

    Kind of a random aside; I like the idea of like being able to kind of clean up the world, either with whiteout tape, or blackout tape, we just met black bitcoin icons etc.

    So for example in Culver City and LA in general… My number one annoyance and greed is that there are so many annoying graffiti and ads all over the place.

    So first, I just wanna clean up the damn place. I want to get rid of annoying advertisements and stuff, because aesthetically I feel like I have a strong imperative to do so.

    Second, why is it so difficult or hard to promote some sort of well-being on the planet?

    Bitcoin is healthy

    So assuming that like 99% of our problems in life can be attributed to the fact of a poor money supply, then what that then means is that maybe like 99% of our world problems could actually be solved by bitcoin.

    For example, financial health. If money is toxic, capital is toxic, assuming that you’re playing in the world of fiat currency, what that then means is that you don’t actually want access to capital because it is like immediately causing you to bleed out economic energy and power.

    I actually had a super funny random thoughts; think about like the notion of semen retention and economic power retention.

    For example, every time you buy something expensive it is like blowing your load. For example, you lost for that matte black scissor door Lamborghini, and then you go out and buy it, for like $500,000 or something, like you just blown the biggest load of your life. But then the downside of that is after that, you’re like kind of done, and as a consequence, what do you have left to live for?

    And actually the truth is, no man in his right mind would ever blow his load immediately before trying to lift 505 kg. Or also, assuming that you’re about to have the big fight, nobody in their right mind would ever ever ever ever even consider for half a second, Rubbing one out real quick before the big fight.

    I actually have a thought thoughts on the first one is that you should not blow your load, anytime during the day because that is when your power is peak, that is when you have the most power. You should only ever blow your load in the evening right before you’re about to sleep, like how the ancient Greeks did it.

    Example, can imagine Achilles blowing his load and inseminating one of his babes, immediately before the big battle? No!

    So why does this matter?

    So I think this matter for a lot of reasons.

    First, it looks like everyone is sick unwell unhealthy. And not really out of their own fault, but rather, it seems like the bigger issue is that once again, we don’t have healthy instruments to work with.

    For example, assume that you live in a society in which literally every single food item is laced and injected with high fructose corn syrup or sugar. Even if you want to lose fat and get a six pack and become strong healthy and happy, you cannot. Why? If everything has sugar added to it, even if you are the world‘s most diligent exerciser and individual, you can’t do nothing! And as a consequence once again, you cannot blame an individual agent or individual for becoming fat or sick or unhealthy, if in fact the things that you are consuming and using or in fact, Giving you type two diabetes, maybe the current US dollar and monetary supply is like a metaphorical type two diabetes for Americans.

    Why do I care?

    So the trillion dollar question is like… Why do I care?

    First, once again, my moral and ethical imperative, growing up poor, having a dad who is addicted to gambling away the rent money, seeing my mom go through bankruptcy twice etc., almost homeless like four or five times, certainly gave me some sort of real life and real world education about economics.

    And I think this is where people fail— they have never really really really really really seen people go through financial distress, financial duress, they’ve never really witnessed it, nor did they really understand what it means?

    For example, a lot of these well to do Democrats liberals whatever, allow them actually come from quite affluent families. For example, a lot of people who lecture us about helping poor people blah blah blah, actually did not grow up poor. For example, unless you’ve ever had the experience, being like an elementary school kid, in the fourth or fifth grade, maybe around 11 or 12 years old, having to pick up the phone, because your parents knew that it was probably creditors asking for money, and if you’ve actually never had the experience of having to pretend online and say that your parents were not home, you don’t know nothing.

    And maybe this is where I am the first self-made bitcoin millionaire; now that I’m stacking 2.3 M’s and beyond, things are starting to get really interesting to me, at almost a hilariously alarming pace.

    First, honestly it all seems like some sort of fake reality, it’s still shocking to me whenever I see these numbers and balances. Still… The $90,000 mark for bitcoin hasn’t really yet set in yet for me.

    And I’m sure in certain when we hit the hundred thousand dollar mark for bitcoin, and we have $100,000 party, the best party of all time in cyberspace, and Michael saylors‘s house, we will all be laughing to the bank.

    Or better yet, the digital cyber base, a.k.a. our own home.

    Why is this such a big deal?

    I don’t know any human being on the planet who does not desire some sort of financial freedom independence or liberty. I don’t know anybody who wants to keep working there are boring 90 to 5 day job, doesn’t matter if you’re working at Amazon Apple Facebook Google; everyone I know, all my friends are working these big companies, Nobody wants to be there if they had the option– yet, they are tied to their mortgages, their other financial debts and obligations etc.

    And this is where I think to a large degree, debt is the devil. Why? That is slavery! And the funny thing is that a lot of people they like willingly put themselves into debt slavery.

    Willingful debt slavery

    For the most part, because I’ve grown up poor and whatever… I don’t actually have that much compassion for people who do poor financial decisions with their life. When people go broke according to their own accord, zero compassion and empathy.

    For example, if people complain about finances, the first thing you gotta do is look at their iPhone or look at their Car. A lot of these people who complained that they’re so broke all the time, they’re the ones who are always buying the newest iPhone or iPhone Pro, buy new cars, paying a monthly payment on their car, sending their kids to daycare or private school or whatever, giving fellatio to Mark Zuckerberg, Essentially if you’re on Instagram, you love the taste of Zuckerberg semen in your mouth. Also, the reason you should not trust Mark Zuckerberg, he pretends to be fake poor humble, – she himself still operates under this façade of being a good guy, yet privately owns $10 million cars in his garage.

    And I’m also pretty certain that Mark Zuckerberg has probably used the meta-quest at least once to check out virtual reality porn. Not that this is bad, but it is probably true.

    the financial freedom of bitcoin

    So what I really love about the financial freedom of bitcoin is that I think it sets people free. 

    For example, with bitcoin, you could go anywhere on the planet, and always have your wealth with you. You don’t have to be tied down by nothing, not your loser Lamborghini your lose loser Porsche, and now, even your cyber truck.

    Ideally, all your wealth would always be portable, with you, in your front pocket in your iPhone, anywhere on the planet!

    Matte black bitcoin patches

    A funny idea… Thank you you’re making some matte black bitcoin patches, some matte black bitcoin stickers. If you’re interested in copping some, just email me eric@erickim.com


    the vision

    Once again, very very simple guys; senator Cynthia Lummis, she is introducing this really interesting bitcoin bill, in which America will like try to obtain 1 million bitcoins over four years. The legendary and mythical Nakamoto, which is 1 million bitcoins.  

    Why America is well positioned to do this

    America is money, America is manifest destiny. America is the best, the most powerful, the most dominant, and anyone who likes to think otherwise is either deluded, wrong, or somehow, anti-American? I don’t really get it; technically, if you live in America, and you get paid in US dollars or whatever, it is actually like a super good deal.

    Why? First, essentially America could print money ad infinitum, for free, into infinity.

    So it seems actually super super obvious; to essentially, just print a bunch of money, buy the bitcoin, and take the upside, none of the downside. In fact, the really intelligent strategy  is the triple Trump Max strategy outlined by Michael Saylor in his presentation the red wave; to purchase 4 million bitcoins.

    If we own 6 million bitcoins, 2045,,, which is just 21 years from now, … $81T payoff!

    think in bitcoins

    Also what is really fashion being is that bitcoins, is actually… Also built upon the bitcoin icon; everyone could easily notice the bitcoin icon from even 100 miles away. Yet, nobody has any clue or idea what Ethereum is. Or anything else.

     financial prospering

    Another big idea in things to my colon doesn’t everyone seek and desire some sort of financial prosperity? Like doesn’t everyone want to be super super filthy dumb rich, whether they use that money for good like donations to charities or whatever, quitting your own nonprofit, helping poor kids, whatever?

    economic power, capital power is real power

    I think this is also another thing that people don’t understand, capital control,  financial control, financial power is real power.

    For example, I just went to Catholic mass the other day, and there was a second donation, for St. Vincent de Paul, helping poor families deal with paying the rent and utilities, not getting evicted etc. As long as the Catholic Church still asks for donations — money matters.

    In fact I really interesting thought is if the Catholic Church or the Vatican or whatever would build up their own strategic bitcoin reserve, then, the Catholic Church would last into perpetuity. And also never have to pay taxes.

    Why do rich people care about taxes so much?

    You’re kind of matters because even if you’re being taxed at a paltry rate of 1%, in like 30 or 40 years, assuming that you bought a $1 million home, you’re going to send you be paying like half of that in just simple property taxes. 

    Or, if you purchase a one million $ home, and you have one percent tax, then over the course of 100 years, you’re going to have already paid $1 million worth of property tax.

    Now why is this important? You cannot text bitcoin, if you just hold it. And don’t sell it. Or transfer it.

    Also fortunately, there’s no inheritance tax on bitcoin. Like if you die you could just give your private keys to your kids, and they will give it to their kids kids kids. No government meddling around with your family’s wealth. 

    Even Sanator Lummis supports this idea, assuming that the bitcoin act passes, the bitcoin bill, I don’t really see any reasons why it won’t, essentially will give more clear property rights of private keys, to humans and American citizens?

    For example, nobody could stick a gun to your head, and force you to hand over your keys.  however, somebody could stick a gun to your head, and force you to give you your credit cards, your wallet, your credit card your stuff, or break into your home and steal the gold bars stuffed under your mattress.

    First, I think banks were generally a good thing the invention of it was beneficial in so far much as even me, I don’t want to walk around with like $100,000 of US currency in my pocket. Why? The risk of me misplacing it, losing it, getting it stolen is quite high. For example like when I used to lift weights at the gym and I did not want to get distracted, Sometimes I would just like leave my backpack there, not really worrying whether people would steal my old iPhone SE, or steal the maybe $50 i had in my wallet.

    And this is the big idea, the idea that you could essentially store your own wealth, without a loser bank, a fucking asshole bank, I fucking hate the banks! Even these fucking assholes at JP Morgan Chase; literally taking me about three weeks before I could wire my own damn money to my Coinbase account, to just buy bitcoins for myself, even having to go to the branch like three or four times before doing it!

    ***

    How long until you could purchase bitcoins and custody or bitcoins at JP Morgan Chase?

    An interesting thing; if you have a certain upgraded bank status with JP Morgan Chase, they actually give you access to this free vault thing, where I guess you could hide your gold bars and antique Rolexes.

    You’re not supposed to, but you can. I also would not be surprised that a lot of people probably hide US dollars or cash currency to avoid paying taxes, which I find to be a very very despicable act.

    I think with taxes, there is actually kind of like a moralistic obligation to pay taxes, certainly nobody wants to pay more than their fair share but still… I have a personal moral obligation to pay taxes. Why? Because once again, at least for myself, I was raised through the public school system, I went to UCLA, with federal government grants and scholarships, to become the person I am today. I am so insanely grateful to America American government, my mentors, my local Boy Scouts troop,  who knows maybe I’ll start volunteering once Seneca is old enough.

    My sense of patriotism, is not this fake ass flag humping conservative Republican alt right, con toting fake ass libertarianism anti-government thing; even what a lot of these loser Republicans and conservatives don’t understand is they are all apparently super anti-government, yet they want America to build a wall to keep out others?

    Or, they want the government to stay out of their gun business, but don’t they understand that actually, the right to gun ownership is actually still predicated on the US government?

    Or, let us see that somebody breaks into your house, and either robs you or kills your family members, whatever… And even though you have a arsenal of guns, you were not able to stop all the perpetrators. If you want to enact justice, yet you are super anti-government, everyone is antigovernment until they need the government. 

    Then what I think people really want is like kind of maybe minimum government possible, MVP, MINIMUM VIABLE GOVERNMENT (MVG).

    I think the general idea is that certainly it is good to have the fire department if you don’t want your house to burn down, ain’t nobody gonna own their own fire hose to prevent their house from burning down.

    Also, it is certainly good to have a police department, a police force, once again, if somebody beat you up and rob you, and you catch them, you certainly want justice to be dealt to them.

    I think that it is like having just enough government, without the bloat?

    It’s kind of like having a smart phone, certainly life is better with a smart phone rather than without. However the new ones is, ain’t nobody want to own a loser android or Samsung phone, which has far too much bloatware.

    Even now Apple, there are too many damn apps.

    I don’t really get it; Apple keeps turning out all these new apps, apps that nobody has any idea what it is, nor do people actually have any desire to use it, I said just let the third-party developers make those journaling apps and stuff. In fact, if Apple were really intelligent what Apple would do is actually with every subsequent version of iOS, they would actually get rid of superfluous apps!

    Like there’s all these weird apps like the measuring tool and whatever.  Come on Apple just get rid of it.