.
Union, monetary union
Tall dark and handsome
.
Digital
Move billions every milli second
Digital books, digital education *
Digital form of capital
24/7 365 , still utility
.
Re-Capitalize
Carte Blanche Capital
.
Stuff rusts, fire, mayor
.
Chaos & Entropy in the real world
Escape chaos and entropy in the real world
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Volatility is a feature not a bug!
Sculpture, fashion it into a flywheel , 60 vol
60 rpm, volatility is energy
$45B in Bitcoin, 90 vol
Makes 100 billion options market
I can sell the volatility, 150% interest
If it doesn’t go to 0 in next 3 months, I’m getting rich
.
Most valuable thing in the world!
.
People stupider than you, richer than you
Thermodynamics
Why does water flow downhill ?
Appreciate in a volatile volume
60% volatile or not?
100$B market cap
Because people
Where’s the opportunity in it?
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Natural selection
If you like money
Risk taking vs volatility taking seeking
Risk seeking vs volatility seeking
.
They don’t need help
Natural characteristic of a life form, it is alive and volatile
.
Capital is not toxic!
Capital is Virtuous ***
Why would you give away your capital?
Why are they desperate to get rid of the money?
You get to keep the money
.
$500b in capital
Half a trillion dollars
.
Need to know basis
.
1, 2, 3–> MSFT
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Happy life