out perform water wheel

Airplane vs donkey cart

Structural and technical

.

No counterparty risk from competitor, country, coeporetoe, creditor, cultures, currencies

Orthogonal to market — alph.

.

MIT

think from first principles ***

Build things which have never been built before , solve problems humans haven’t figured out yet ..

Elon Musk First Principles

.

Basic Physics & engineering to capital markets

.

$1.8T, Bitcoin

.

Gold, $16

180B, 10x in just 4 years

.

50%, utility

Long term store of value, 50%,,, $450T

–> just don’t lose your money

.

Bullshit!

.

Most valuable, $450T –> all the capital in the world, keep your money!

BTC may be $450T?

.

Yacht, bakery, ranch, plane company –> utility value

.

Entropy degrades capital

.

Spreads, licensing

.

.

Buy land and buildings and physical things

.

Florida hurricane –> you can’t buy hurricane insurance

The cost of entropy –> chaos, confusion , competition, inflation, politics war –> trillions of dollars a year

.

Don’t lose 10T a year! ***

Capital preservation

Heat preservation

.

Consumption –> Saving

.

No worry!

Bitcoin is anti worry!

.

Transfer value without a trusted intermediary

Store value without a trusted intermediary! **

.

450T of capital. Worth $10T a year, big idea

.

Digital Assets

.

Physics
Risk of real estate or property

.

Digital capital

Not digital currency! ***

Define it the wrong way —

.

$100M building in Miami. Owning a digital building

No tax, traffic, tenant, no regulator

Musical, fungible, configurable

.

Digital capital is global capital ***

Savant genius

.

Don’t buy $100M building in Russia Africa, Lebanon, etc —

.

Nirobi vs Manhattan

.

1,000 year asset

Be wealthy forever !

.

30,000 years! A store value

.

733 exahash

Backed by power

Raw power

18.33 gigawatts

$850B invested

220M holders

.

All cryptos are pegged to BTC ***

.

Bitcoin Bank, 21M coins

.

420M people support crypto –> America voted Bitcoin!

100x more powerful than next best one

.

Smart money –> store money in cyberspace and not lose it…

It is the winner

Smart Money

.

“Dudes bank”–

Emerging Dominant digital monetary network

95% don’t understand digital monetary

Rupert Murdoch

.

All securities in the US

Chinese and Russians can’t …

19th century dead money

.

60/40 portfolio

1-3% to 10-20% allocation

.

Larry fink

.

Institutions

.

$40M a day of BTC available every day by natural sellers

.

$5B in 6 days….! Just 6 days!

.

Government buying Bitcoin

.

Bitcoin 24 GitHub

21 years ,,, 42 years

.

Map of assets

Technology will advance, AI —

.

macro 21 year model

bitcoin will go from $1 trillion, which is .1%, to a market cap of $280 trillion, which is 7%, ARR 29%

.

2045

21 years from now,

The bear case is in 21 years, it will be around $68 trillion of the market cap, the base case is more like a $280 trillion market cap, book case is 1000 trillion dollars

.

The ARR staircase is 21%, base case is 29%, full case of 37%

.

Bear case for bitcoin is 2 million of bitcoin, base case is 13 million of bitcoin, bull case is $55M a bitcoin

.

The simplest means possible, encouraging people to also buy bitcoin, just using the cash app? 

60% to 2x S

.

$280T, 21 years look about the same
Gold only $45T,

Art only $110T

.

Sell shares and equity to buy Bitcoin?

.

Billion robots?

Robots make the robots

Equities

.

Bitcoin > Art

.

$13.5 B gain

.

$25.53 B –> total value

3-4B in last 5 days, leverage –>

$20,000 up days

.

Lever bitcoin ***

More bitcoin

MSTR, 120%

14% , 7% interest to buy more bitcoin, .83% for 5 years borrow free

60% bitcoin! ***->

Intelligent leverage .
.

.

Crushing them! ***

Not even funny anymore!

*

.

27x gain

Copy my model! ****

..

So simple!

.

Intelligent leverage

Capital markets are unhealthy

.

2785% up!

Make a monster company!

.

650% … BTC, Bitcoin

2,785% winning

.

More volatile

Dollar tree

$100B not painful leverage

.

Hottest most radioactive !

.
I’m driven by curiosity? ***

.

Opportunity

Ship. Half is above water line. 500Tons above and on top

.

600ARR, strip the volatility for risk averse

.

2x Bitcoin, equity —

BTC treasury operations

.

How things work in nature

.

Energy company

Bitcoin company

.

Standard oil

.

MSFT,,, 50x their reserve .., they do stuff!

Operating company, refine crude capital, bitcoin is crude capital

Kerosene. Jet engine.

Don’t run on crude oil, refine it –>

.

They want 10x, 20x Bitcoin?

.

Just assume like your gut is right?

.

3 year target !

.

$40M a day natural, into 42B …

Created 18,410 BTC as miner, no dilution

26.4% yield. $40,936

157.5BTC third of hash rate ,,,

157 BTC, daily gain for free!

.

The red wave!

18k bitcoins no cost! ***

Mine the Bitcoin for free! ***

-%> I can multiply the Bitcoin for free?

I am a Bitcoin miner

.

The Red Wave

“Give people their freedom back”- Elon Musk

.

Give freedom back

All in on Bitcoin!

Bitcoin is digital freedom

.

Sinking ship

.

Never sell your Bitcoin ***

.

Favorable tax laws

.

SAB 121, allow bitcoin banking

Bitcoin as collateral

.

Rothbard…. to create cartel,

1933,,, Roosevelt

Too many years

Inflation and volatility is toxic

.

Stifling regulations ,,, 20 25 years

Innovation diversity & growth

.

Scams?

Sick chart! Dying economy !

Buggy whips

Offer digital utility

.

ABT, asset backed token

.

100Ts of dollars

.