PDF- Principles of Economics

The father of Austrian economics is generally considered to be Carl Menger. He founded the Austrian School of economic thought with the publication of his book “Principles of Economics” in 1871. Menger’s work emphasized the importance of individual choice, subjective value theory, and marginal utility, laying the foundation for subsequent developments in Austrian economics.

Glorious weather!

There’s a billion interesting places to shoot photos in LA

Infinite density —

..

Don’t sell more than 21 million blocks of this in the universe forever —> the icing on the cake.

Zero doubt.

Digital scarcity, the ultimate scarce property *

…

Life form

400T asset shuffle around

People don’t know what is “good” for them —

“Need to know”–>

Seeker

Think carte Blanche

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How to be a good sales person

Smile!

Game theory

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How to detox from social media

Simple … just delete them all and don’t use them!

What if 100% if the accounts on social media were fake or bots … would you use it?

Just be a nice person

Right or not, nice or not?

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How to become a (good) salesperson

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90 degree oblique idea

Bad for xyz, but good for xyz

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Just keep yourself in the game

You don’t change bitcoin, Bitcoin changes you …

How did Bitcoin change you?

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Re-learn

Re learn everything …

Seduced.

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Why pants are critical …

You can be shirtless but not pant less

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Think 1000x

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Shockwave

Immature

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Shocking

Becoming a Student again

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Advocacy, AI, R & D

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Slow, volatile, and upper limits.

The evolution of trust

Layer 4… ETF? –> wrapped Bitcoin

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You truly know whether you value something or not the moment in which you can actually afford it

New peaks

We all want to be admired

Infinite density —

..

Don’t sell more than 21 million blocks of this in the universe forever —> the icing on the cake.

Zero doubt.

Digital scarcity, the ultimate scarce property *

…

Life form

400T asset shuffle around

People don’t know what is “good” for them —

“Need to know”–>

Seeker

Think carte Blanche

.

How to be a good sales person

Smile!

Game theory

.

How to detox from social media

Simple … just delete them all and don’t use them!

What if 100% if the accounts on social media were fake or bots … would you use it?

Just be a nice person

Right or not, nice or not?

.

How to become a (good) salesperson

.

90 degree oblique idea

Bad for xyz, but good for xyz

.

Just keep yourself in the game

You don’t change bitcoin, Bitcoin changes you …

How did Bitcoin change you?

.

Re-learn

Re learn everything …

Seduced.

.

Why pants are critical …

You can be shirtless but not pant less

.

Think 1000x

.

Shockwave

Immature

.

Shocking

Becoming a Student again

.

Advocacy, AI, R & D

.

Slow, volatile, and upper limits.

The evolution of trust

Layer 4… ETF? –> wrapped Bitcoin

50 MPG Or nothing

Wait a week, two weeks, a month or two months or three months before making any judgments.

Or wait two years. Or three.

The stoic is unhuman. Become less human

Sick Physiology

Vehicles are more fun than static buildings 

Ever since I was an 11, 12-year-old kid in Bayside Queens New York, getting my first Acer aspire computer, AOL 3.0… With my 38.8 K modem, I’ve always been passionate about technology.

Why? When you’re a kid, with no money resources or power, you could essentially play god.

For example, the great democratizing power of the Internet especially in the early days was being able to pirate video games in programs online for free, something which is very useful to an 11-year-old without any money.

For example, in the early days you would visit these AOL “cerver” or “server” rooms, you would message about, and it would send you an email about 30.roar files, each taking about a day to download, and finally at the end of 30 days you could download all the packages of the original grand theft auto, and you play it on your computer!

Also, the early days of pirating for Adobe Photoshop. No way in hell could 13 year-old kid afford a $500 piece of software. Getting cracks for these apps was a godsend.

Platforms

Currently speaking, the only good place to share photos on the Internet is arsbeta.com — Facebook, Instagram is a wash. We already see Instagram trying to morph and to be coming the next TikTok; and also the flood of advertisements, which I consider metaphorical pollution.

The threat of AI

The way I think about artificial intelligence is that it is just like a really really good bot, robot, chat bot etc. 

Where are things become a little bit concerning is when ChatGPT 4o– the voice ability becomes so good, it literally becomes indistinguishable from a real human voice.

Honestly I think the best way to think about the Internet is that 99.9% of the user accounts, comments, activity might just be bots. For example, when I used to use Reddit back in college, I don’t even think I had a username. And I used it religiously for almost about four years, I quit using Reddit in about 2011.

As a thought experiment, imagine if all of these credits, sub credits, etc. we’re just all ChatGPT powered bots. The same goes with Twitter accounts, Instagram accounts etc.

For example, open AI sora, the new video generation tool is insanely good. Certainly within 30 years it will be so good that it will probably be more creative than a real life videographer. Even now the beta versions, blow my mind.

The future for creativity

On one way, we could think about AI, ChatGPT as just a simple implementary tool, a kin to using Microsoft Excel, Google search, etc. However, I think the big issue here is that especially at the university level, apparently a lot of kids even UCLA undergraduate students, who are supposed to be creme de la crop of the public system, our lazily using ChatGPT to read documents and come up with lame responses. 

I think what nobody is really thinking about right now is that ChatGPT might be the university killer. Why go to university, and try to “hack “the university experience by having ChatGPT write your essays?

And this is the thing, professors can tell when you are using ChatGPT or not, but certainly within a decade or two, by the time Seneca is about to go to college, and Chachi tea is on version 15 or 16, ChatGPT will probably write a better essay then even the most accomplished Academic researcher.

Reality

Cindy had an interesting idea that perhaps the future will just be embodied reality. For example, after all of this digital malaise, we will just want to do things in person more.

For example, Cindy Seneca and I just got a library card for Los Angeles, and we have been visiting libraries for fun. The good thing is a lot of libraries have a playground right next-door, which means you could kill two birds with one stone.

If you think about productivity and efficiency, there is really no good reason to go to a public library. Yet I think it is almost like the noveau privilege;  if you have enough free time to take your kids to the public library in the middle of the day, it is assigned that you’re either really rich and successful or self owned and free.

Also librarian; I recently talked to Jennifer one of the local children’s librarians, and she has selected a bunch of great children’s books for Seneca, age appropriate. 1 billion times faster and more efficient than having to rummage through probably fake Amazon reviews.

And also this is the biggest issue with Internet; how do you know whether Amazon is real or fake?

Photo as art

My personal vision for the future of Street photography is it will be less about iPhone, more about just experiencing embodied reality. 

For example, if I were Tim Cook or the CEO of Apple, I would immediately chop down apple Vision Pro. It is big heavy, hurts your head, hurts your eyeballs, and I personally wouldn’t even use it if you gave it to me for free.

The simple strategy is that Apple should just focus on the iPhone insanely great again.

If anything, better corporate strategy would just be introduced a $2000 iPhone, at $1999, and just get rid of the Apple Vision Pro.

Question– can you throw an M series chip into an iPhone Titan?

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Problems

Currently even the newest model of DALL-E or ChatGPT,  image generation for photos are too goofy. Not realistic or creative enough.

However, within 10 or 20 years, I’m sure that ChatGPT will be able to perfect the ability to make street photos, with greeny black-and-white film, better than Henri Cartier-Bresson. Which then leaves us the question;

What’s the point of you shooting photos?

First, it is fun. I don’t think we should overthink this. If you’re out shooting street photography and you’re not having fun, you’re doing something wrong. Just observe a child at the playground, a new playground; see how much joy they have in discovery, They’re not waiting for random people to like their performance at the park, they simply do it for fun.

Second, physiological and mental benefits. Post Covid, when it looks like 90% of the workforce in the tech world has migrated indoors and from home, it looks like most people don’t really leave their apartments much. What is the new privilege? Just leaving your apartment or house!

I think this is why the explosion of dog adoptions was so beneficial during Covid, it forced people to go outside and go on a walk with their dogs!

I suppose the benefit of having children; to me the most cruel technique of raising children is forcing them to be indoors at home all day, never letting them go outside. In fact, the new sign of privilege for a child is how tan they are, how muscular and tall and buff they are. Because it is a sign that they actually go out and play on the playground!

Travel

Travel, traveling could be as abstract or practical as you would like to think. For example, you could just go on a road trip, drive 30 minutes somewhere or an hour somewhere, you could jump on the metro and go somewhere, essentially just go somewhere that is not your workplace or your house.

I also think it is wise to be economical about; display economy, find cheap tickets on kayak.com or Google flights.

For example, I just took my mom some airline tickets, and she is able to fly round-trip from Seoul international ICN Incheon airport to LAX for only $500! And this is round-trip! About the same price as a trip to Costco.

Money for movement

Another thing I see — people blowing money on cars SUVs trucks, overland vehicles, Teslas new electric cars etc., better to just stick with your 2010 Prius or the beater you got, fix it up a bit, get a car wash, and just go on adventures instead!

Any sort of movement is good. When money could be your helper in getting you to move around, it is good. 

Technique?

So I think one of the practical ways to get joy from street photography is the active shooting the photos, the joy of witnessing your photos, the joy of capturing a great moment etc. For example capturing the smile of your child, or capturing a good decisive moment in street photography of strangers, or even a good interaction you had with a stranger.

First, all forms are legitimate. In the world of ChatGPT and artificial intelligence, let us not worry whether photos are good or not, let us worry ourselves with whether the photos are meaningful to us or not.

For example, composition is all subjective; what makes a good composition is often philosophical, and if the photo puts a smile on your face, it is a good photo. 

A mobile phone ,,, own property from a mobile phone?

Support running water, electricity

Money is dying

350 pounds of gold –> $10M

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$10M of Bitcoin, 300 Bitcoin.

–>

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Smart Money

Outperform

6% junk bond

Cash cow, dominant monopoly, growing 50%

.

What do you do when things become too easy? Make it more difficult.

Keep stacking those Satoshis!

Courage & clarity

Cheap groceries

Amazon: sell happiness

Cyber Gym

all your choices were perfect

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Don’t inquire

Don’t fan the flame

What is the ultimate mobile human device or vehicle? The human body.

First, once again… I think we spend an inordinate amount of time thinking about our cars our vehicles etc. Also kids are endlessly fascinated by vehicles, especially construction vehicles, if you have ever seen a huge excavator up close in personal, it will amaze you.

We are wow’s by  vehicles, of all shapes sizes and forms. For example, any luxury or foreign or exotic car, we are impressed by it. Why? It is a token of how rich or successful you are.

But this is the grand irony; any time you spend on a vehicle, is money you could otherwise put into bitcoin, which has historically been going up 50% every year. That means the $100,000 Tesla you buy today, could be worth $1 million in the near future.

Or even worse, let us say the $250,000 Lamborghini nearby today, that could be worth $2.5 million just a few years from now.

Why?

One of my turbo thoughts of this morning is towards the telos of living a good life: 

1. First, having at least one kid.

I think especially as a man, we all desire at least one male heir. Therefore, if your first born child was a son, consider yourself infinitely blessed. After that, life is all upside no downside.

I think the reason why this is so critical is having a kid is almost like having an expansion pack; imagine if we had to be stuck in the original StarCraft for our entire lives without Brood war. Or if we had to spend our entire lives playing Diablo, the first one, without Diablo two, or without any expansion packs. Or if your entire life you had to be stuck with the original iPhone 3GS.  or if your entire life you had to be stuck on Windows Vista.

I think the grand joy of having a child is that you have the ultimate extension of yourself. Often when you look at kids, they are essentially a mini embodiment of their parents. There features, their physiological features, their behaviors, addictions etc. For example, whenever we lament the fact that all their kids are on YouTube and iPhones all day, just look at the parents; they are on their phones and watching YouTube all day as well. 

Anyways, people want to change the world blah blah blah, reduce their carbon footprint blah blah blah, built a coin dollar company whatever. Better to build $1 trillion kid.

2. Your body doesn’t lie

I think the big thing is in regards to theories, theories don’t really matter, the physics of your body your human human body is what matters the most.

For example, all these people say that running or whatever is healthy for you, but look at all these people who run, they essentially look like dying gazelle.

Even guys who into CrossFit, truth be told none of them actually look that fit; they have some level of fitness, but most of them look like a bunch of skinny kinda fit involuntary celibate guys who spend way too much time on Reddit, being formed Nazis, trying to explain to the worldwide they power clean form is superior to yours, and why you’re dead lift and squat form sucks, yet they have skinny hairy legs, and have never even seen 10 plates before. 

Assuming the person is not taking steroids or other weird hormonal shifting stuff, if somebody is doing something, which may seem unorthodox or contrary to your worldview, but it looks like it is working in real life, they are probably onto something.

3. Movement is medicine

One of these funny Lululemon shirts that I got has this motto printed on the inseam that says movement is medicine. Sounds kind of cheesy, but I think it is true.

The purpose of the human brain is to move. To coordinate movement. Therefore a human body which does not move, has no need for a brain. My personal theory on why people get all these mental brain diseases and the depression etc. because they don’t move. They do two Critically detrimental things: first, they are sitting on their butt all day, doesn’t matter if you’re sitting on your butt in a Lamborghini or a Ferrari, you are essentially amended child, a man baby in a stroller with lots of horsepower. They are also on their chairs when in the office or at work. or even if you are using a standing desk, the problem with standing desks is that you are also static. Certainly standing is better than sitting, but walking is 1 trillion times superior to being static.

If you think about it, what is K-12 education? Forcing kids not to move around and to be dynamic, as kids naturally are.

In fact, I’m starting to notice that a lot of activities which include even arts and crafts are bad and so far much as when kids are doing it, they are typically indoors, which is bad for their health, and also, they are static.

Even my critique about Legos; people say that Legos are good for your creativity but not quite; much of the ethos of Legos nowadays it’s just being really really good at following directions, and building the prepackaged model.

Better to just give a kid a bunch of random bricks and have them build whatever they want; but even this, isn’t it better for your kids to get really good at climbing, being physical, and physical strength instead of just being really creative?

4. Opportunity cost

There are lots of practical optimization we must make in modern day life. One of them is driving.

For example, probably one of the greatest blessings to marry is Amazon, Amazon prime, same-day delivery etc. Even apparently Costco does it now too! 

I think the big issue here is that 30 minutes of driving, one hour driving, is otherwise time you could be spent walking, thinking, moving in a multi directional plane.

For example, one thing that nobody ever talks about is the benefit of walking that you could just go wherever you please. Go up the curb down the curb, into a random street and alley etc.  The downside of driving is that you must just drive one direction, and stay on the path. No freedom.

5. Just snap your fingers and zap it

It is 1 billion times more difficult to sell some thing or get rid of something then to buy or purchase it.

For example, very very easy to buy a car, very very difficult to sell car. Especially a used one. 

I think this is where bitcoin is so appealing to me, because of how portable instantaneous and easy it is; one of the big issues with objects homes real estate in general is that first, it takes a very very long time to sell some thing, there is a lot of arbitrage back-and-forth, a lot of hidden costs, And also, headaches and annoyances.

Also, like my friend Don Dylan told me about his Porsche 911 GT3 –

I think we like the idea of owning something more than we actually do having and owning it. 

Let me give you examples; I love cyber truck, to me, it is the best vehicle ever created up until now. To me it is the most revolutionary vehicle ever created. It is by far the most dominant vehicle on the road, even more than any loser Ferrari or Lamborghini; it is all American, And it destroys almost any other vehicle in stature, height, design, the stainless steel XO skeleton body, and also the 2.6 second zero to 60 time.

At the Culver city Toyota dealership in which I live, there is a brand new cyber truck that somebody traded in, apparently the guy traded it in for a Toyota Sequoia instead. Anyways, part of my daily morning walk and routine, I always walk by it, and it always puts a smile on my face. But, the great joy is that I don’t need to actually purchase it or own it to glean the delight from it. 

In fact, sometimes I wish that I could just snap my fingers, and automatically just have a different vehicle based on my mood my schedule etc.

For example lately I’ve been doing a lot of family trips with my niece and nephew, and Cindy‘s mom, and sometimes I wish I had seven seats. But I don’t need seven seats all the time.

Therefore in this situation, I wish I could just snap my fingers in that my Prius would magically transform into a minivan, or if I could also snap my fingers and it would be a really good sports car or whatever.

Anyways, with cars and vehicles, unless you have over two kids, unless you have 3, 4, or 5 kids, maybe still for now… It is best to stick with a 2010 Prius. 

Monetary vehicle?

I’ve been contemplating on purchasing real estate, but the big issue is that real estate is not a vehicle, it is not mobile.

For example, I cannot take my $2 million Culver City Los Angeles property, single-family home, snap my fingers and then suddenly take it with me to Cambodia.

Similarly speaking, once again, the downside of purchasing any electric vehicle whether it be a Tesla or whatever is that it is a sinking ship. Batteries do not hold their charge very much, I think the half-life is about 2% or so. Therefore, if you also consider the overall battery health, the big issue here is that it loses overall battery charge capacity overtime. Kind of like your MacBook Pro laptop from 2017, which only lasts for about 30 minutes.

 I think this is where it is still intelligent to have a hybrid vehicle like a Prius; given the fact that the overall battery health will die overtime slowly, at least you could still rely on the gasoline engine. And whether we like it or not, at least for the next 20 or 30 years, I am still certain there will be gas stations on the road.

Why?

One of the thoughts that I have about work, their economy capitalism etc. is that essentially your sacrificing your body, your bodily health and freedom and exchange for money.

For example, really matter whether you working at McDonald’s, whether you work at Amazon or Apple, typically you are confined and send some sort of chicken cage, with fancy LED uploading and what not, enforced to use your brain in your muscles in your body in order to perform some sort of work which has economic value. as a consequence, any minutes spent indoors and stuck within a cage is positively bad for you; Silicon Valley I think this is the new “digital handcuffs”– yeah yeah, you want to stop working, but that $500,000 salary a year from Amazon is too good for you to let go. And therefore you will be enslaved for the rest of your life.

I had this thought about two years ago, I’ve just converting all your currency into bitcoin. If you are blessed enough to receive some sort of high salary, I still think this is the best strategy.

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What’s the purpose of a human body?

I think the critical question no one ever thinks or considers is what is the ultimate purpose of a human body, your human body. 

Everywhere I look, everyone is in denial about the human body. Either we fall into some sort of religious fallacies about the afterlife, the idea of an immortal soul (I believe in a mortal soul — when you die, your soul also dies). Or even worse, these Silicon Valley fools who want to just upload their consciousness to the cloud or whatever. 

I watched a really bad movie with Keanu Reeves on the plane ones, in which Keanu Reeves is some sort of genius scientist was trying to figure out human cloning, and his whole family tragically dies in a car accident, and he tries to bring them back to life. But essentially the big issue he confronts is that without a human body, you cannot clone a consciousness. And also, an individual consciousness is inextricably connected with a certain human body. As a consequence, no body, no mind. 

What is AI anyways?

erickim.ai

I think people lack the critical understanding of what AI, artificial intelligence actually is. My simple suggestion is download ChatGPT to your iPhone or iPad, get the paid premium subscription, use the newest model, currently GPT 4o– and just go on a roll. 

To me, I consider ChatGPT and artificial intelligence just like a really intelligent Google search. And the more you use it, the less it impresses you.

In fact, I think what people do not understand is that now that openAI and ChatGPT is partnering with Apple, this is very bad news for Google. I think over a long enough time horizon, Google will die, and will be usurped by Apple and ChatGPT/OpenAI. 

In fact, for myself personally, I never touch Google anymore. Far superior for me to just ChatGPT it; first, no advertisements. Now that we have bitcoin, and the incoming of the bitcoin lightning wallet and Satoshi’s, and once Apple or iOS built a native bitcoin or crypto wallet to her devices, The future of payments and money will just be trapped in the Apple ecosystem. Even now, I find using Apple Pay 1 trillion times more convenient than having to take out my physical card. Even an innovation which works insanely well is at Whole Foods with the Amazon one hand scanning thing; it works really well, I think the big Has a chance of people using it is that they don’t know how well it works.

I think on a long enough time horizon, convenience is inevitable and will always win.

***

So what do you want to do with your human body? 

As a man, what is the most precious life force? Your semen.

Your semen is the seed of life, seminal. No seed no tree. No seed, no human beings.

I find a very very bizarre thing of all these weird modern day people and millennials who no longer want to have children because they say it is bad for the planet and bad for the carbon footprint. But let us assume that overnight, everybody decided not to have children because it was bad for the carbon footprint… what would happen to the human race? 

I think a very simple life impetus for the human body is to procreate, have children and be got children. And for this, both man and woman is critical.

In fact, it seems that the optimal strategy here is to conserve all of your money and economic energy possible, and have as many children as humanly possible in this lifetime. 

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Better yet, a great life

350 exahash

5 million bitcoin miners

15 Gigawatt energy More than US NAVY

.

Think military-grade?

Cyber security … hostile attack?

Avoid hostile attacks

Misinformation on social media

Cyber Power… no shortcut

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Everything will eventually flow into bitcoin

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Low risk asset , and ethical?

Original mission doesn’t matter –> how we can hack it, … what makes it so interesting?

Unethical and stupid

Stupid but not unethical

Unstoppable

Bitcoin base layer is the new POP, email platform TCIP?

How to make the world tamper proof

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The human body is the ultimate lever

Criticize but don’t censor

Your problem is my opportunity

Simple & Elegant solutions

Buy micro strategy stock

MSTR

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Gamify with real money Satoshi

Satoshis are dopamine hit, instant

The ethos of muscle

For the most part, nobody ever doubts or criticizes the motion of loss. Almost universally, the more muscle, the better. Granted you are not taking steroids.

I wonder if we could think about capital, and money the same way. The goals to keep accumulating it, not spending it.

I suppose the tricky thing about muscle is that it is not “spent“. Yet we do not want to lose muscle, we want to keep on stacking on more muscle.

Outside.

Unperturbed

Only weak people become angry?

Expensive fabrics

Observant.

Economic power, economic muscle.

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A real man.

A Demi man

The Demi Man

Strength challenges

Reinforced

Don’t bother or interrupt your kids

Bitcoin muscle  

Economic energy

Economic Muscle

Wise delay

Don’t hate me because you wish you looked like me

Programmable car

“Good customer service”

The best way to protest to just not promote them or give your money to them

Money is protest 

Economic energy

–> then what are they?

John wick aesthetic

.

How AI can make us more productive

2,000 brain powers … with AI

Just use AI to build it?

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3rd generation BOT

1st gen.,, jpeg images, weird names

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Toxicity is AI

don’t trust the internet and cyber space

Cost consequence … gravity and friction in reality

..

Cyber space is toxic

The Internet is toxic

–> what percentage of users on Reddit are actually bots, or AI?

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Bulletproof vests, also known as ballistic vests, protect the wearer from projectiles such as bullets and shrapnel. The physics behind their functionality involves several key principles:

1. Energy Dissipation: When a bullet strikes a bulletproof vest, its kinetic energy needs to be absorbed and dissipated. The vest achieves this by spreading the energy over a larger area, reducing the impact force on any single point.
2. Material Properties: Bulletproof vests are made from high-strength materials like Kevlar, Twaron, or ultra-high-molecular-weight polyethylene (UHMWPE). These materials have high tensile strength, allowing them to deform and absorb the bullet’s energy without breaking.
3. Layering: Vests are constructed from multiple layers of these materials. Each layer works to slow down the bullet and distribute its energy. As the bullet passes through each layer, it deforms more and loses more energy, eventually stopping.
4. Deformation and Blunt Trauma: While the bullet may not penetrate the vest, the impact can still cause blunt trauma. The vest’s materials and design also help to reduce this trauma by distributing the force over a wider area, minimizing the localized impact on the body.
5. Bullet Shape and Speed: The effectiveness of a bulletproof vest can also depend on the shape and speed of the bullet. High-velocity rounds and armor-piercing bullets are more challenging to stop and require more advanced materials and design.

In summary, bulletproof vests work by utilizing high-strength materials to absorb and disperse the kinetic energy of a bullet, preventing penetration and reducing the impact force on the body. The layering of materials plays a crucial role in slowing down and stopping the projectile.

Capital markets?

Everything trades on the capital markets

Pure economic energy –> capital

Do work, and store your work –> stored economic emerge

Imperfect Capital assets

Primary capital asset

Economic energy draining?

Never put faith in the morrow

.

Don’t use the weak

The strongest sovereign debt , US DOLLAR

CAPITAL is economic energy

.

Bitcoin is perfect capital. Digital capital

Money decomposes to high frequency money or low frequency money

Store of value … money

Capital vs Currency

Money is the superset

Melting money

Short half lives

.

The power of construction site

FAT IS ORGanic energy, too long half life

Think beyond 7-10 years

Long half life money … infinity, immortal money

.

Digital commodity which lasts on the internet

Assymtopically

Hard limit –> perfect capital ***

What is the number from now into infinity

Legal tender

.

Capital gain, or capital loss

Buy a billion dollars of property hold for 30 years

Borrow against property in dollars . $200M loan

Buy and sell 200M in cash

.

Property is capital asset

Worst capital asset

Hold -40%

$400M, negative 400M in currency

Making $40M

Bob Craft?

Borrow money against property

Capital asset vs currency

Negative working capital in the currency, positive working capital in the capital markets

Negative working capital , positive working capital

Spend collapsing currency. And hold the appreciating asset

How to flip it

Get the arbitrage

50-55% a year appreciation

Buy Bitcoin

Borrow 5% , 50% arbitrage, 50% yield over 4 years

Double money every 14 months

.

Buy a building. Borrow as much money to buy building

Rich families

New Rules

Digital Capital

Global property

Capitalist in 20th century

Borrow against it?

Move it fast

Think 100 years

Cultural continuity

Do the Chinese appreciate Picasso?

The longest half life

How to program them

How to program bitcoin

Energy, frequency, vibration

Capital is energy

Fast, static but with potential

Vibration

Capital is energy

Vibration –> Bitcoin to a peso to dollar

Change the form of it

High kinetic energy

Fast, static but with potential

Vibration, I move the capital

How do I maintain it 1,000 years?

.

100 year Prius?

2% electricity every month … doesn’t last 100 years

Electric money doesn’t last 100 years

Bitcoin is digital energy

Electricity then digital

Think digital

.

Re-invigorating

Going up 20% a year forever?

$700M for 8 years, 2.25% interest. Bitcoin is going up 50% a year

.

20-25% a year conservative

Clarity & Courage

Similar Scientific

Make your wife happy

4x

.

$5B, 30B market cap

Keep increasing your market cap

Ex post facto

… push it until you run out of options ***

Conventional is bad

Radiation energy , nuclear energy?

2021, 30 year was 2.75%

$45,000… bitcoin

Buy Bitcoin with mortgage

4 weeks

2 years later

$65,000

Going up 55%

The entire world is conventional

How to become un-conventional?

Michael Saylor is the next Steve Jobs?

Nobody can stop ***

Everyone disagrees with you on

.

2% for 8 years

Armor up

$50T, law of large numbers

11%–> loan it to bitcoin at 22%

Insight is limited to those who need to know

Dead Money

You work for me

What’s the interest rate

.

Buy property which will go up …

Embracing a paradigm shift

Economic benefit, power, growth , energy ascending

When people say you lost double down?

Screaming win

Increase $25B

.

$16 thousand

Volatility is vitality is good

Don’t trust economists

Buy Bitcoin cheap

Bitcoin is growing at a faster rate than Tesla

.

Digital intelligence, digital capital

Now is digital, digital is the future

Denial?

10 years ago

They don’t have a need to know

Don’t trust people who ain’t investing their own capital

Life raft is orange?

.

Insatiable

Life or Death?

.

Risk management system

Risk

Chain

Smart contracts

Capital over contracts

Think 30 years ahead

Risk management network

Speak with clarity

Just listen to them talk

Client diversity

No value loss

Make infrastructure

Transactional value?

Quadrillions per year

.

Don’t drive?

Brain & muscle

Easy, quick repairs

Protect

Protect, protection.

A gun is not “protection”– body armor is?

.

Theory on photos and photography:

When you witness a photo that you’ve shot in which you’re proud of, you feel a small surge of power?

SLEEP!

Bitcoin is the will to power

Energy & power accumulation

Perfection is subtraction

Desire as a motivator

Accumulation

Capital Accumulation

Electronic cash

Double your money and make it stack

Stack your money don’t spend it!

Money retention

The point or purpose of life is power accumulation?

Always rethink things

Extreme discount

Electric coin

Toxic talk, toxic language, toxic and sick people?

Muscles are king

Feeling powerful and dominant is what we desire?

Your body and bare skin is the best armor?

When you know you could afford it, and you could buy it,… But you decide not to?

Cyber Photos 

Anti stress

Economic Energy, economic power

Tall, muscular & angular

If we consider the human body as the ultimate vehicle; then perhaps the strategy is to upgrade your body vehicle 

For example, it seems that news is fake; news is just random commentary—

Pretty simple: eat a ton of meat before you sleep— 5 pounds is the goal.

Also, restrict and restrain your caffeine consumption only first thing in the morning.

Also during the day, extreme time spent outside and outdoors.

When people drive some sort of expensive sports car or muscle car… I think what they’re trying to do is to flex their economic muscle.

Still hope for CCIP—

Also Chainlink data feeds

1. Transportable
2. Just in time — exactly when you want it

Surplus of economics , bio energy

Surplus human energy for human advancement

“Transportable” mechanical energy

Technology is acid

Real Rich people Priuses. And economy cars. Because the real rich person should be economist at heart

 

Bitcoin powered by chaos

145% up this year

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Think Energy

How to gain energy?

Gaining matter and materials and mass? Gaining and purchasing steel?

Laser eyes until $100,000

.

500T

You do not sell your Bitcoin

Bitcoin is energy and life… you don’t sell your energy and life

Capture and conserve energy … 50% up a year

To buy what?

Commodity ,, nature created the asset

I don’t want to own any land for 30 years

Triple property tax–> risky?

Rent is more stable!

.

2-3+ time horizon

Renting is predictable

.

Ethereum is a company

.

Just improve the product

Bumpy ride

.

We will never figure out bitcoin 100%?

You will never be done learning about bitcoin

.

No CEO

.

Bitcoin is powered by chaos

Chaos will outperform everything

Suit up

Only invest in things you can afford to lose

.

Don’t take row,

Tickets to escape the matrix,

All your models will be destroyed

Apple Intelligence ,,, huh?

Thinking about capital, capitalism, capital recruitment, stacking capital capital etc.

Bitcoin is digital capital

The first thought: bitcoin is true digital capital.

Wealth is a mental thing?

The second thought:  assuming that bitcoin is the first true digital money and capital, then what that means is money and wealth becomes a mental construct.

For example, let us say that I have 1 million, 1.2 million, 10 million, 100 million worth of bitcoin in my personal crypto wallet. Intelligent thing is to buy and hold it forever, as the value of it will go up indefinitely for the next 1,000 years.  in fact, the wise goal is to use bitcoin like digital real estate; imagine owning a block in the middle of Manhattan or Tokyo, you will never want to give it up. You will fight to the nail to hold it, because you’re thinking very very long-term; thinking your kids kids kids.

According to Michael, optimal strategy is to actually use your bitcoin as collateral, to borrow against your bitcoin, at a low interest rate, and use that to finance your lifestyle which means just paying rent your food etc.

Money

This is a big thing I’ve been thinking about a lot; more and more, I’m becoming even more financially conservative, conserving my money and wealth, not spending it.

The makes is in regards to muscle. Let us see that I am 160 pounds of pure muscle, with a 5% body fat percentage, six pack and all. The worst thing for a weightlifter or a bodybuilder is to lose muscle mass.

Let us say that you buy that thing. Or the thing or whatever; imagine like losing 5 pounds of muscle mass, 10 pounds of muscle mass, or even worse, 20 pounds of muscle mass.

The goal of the weightlifter and bodybuilder is accretive; to continue to accumulate muscle mass, indefinitely.

For example if I am 160 pounds of muscle, ideally I would want to become 165 pounds, 170 pounds, 175 pounds, 180 pounds, eventually 200 pounds, 220 pounds with a 6 pack. 

Certainly there are limits to growth; for example, me at 5‘11“ tall, I think the laws of physics prohibits me from becoming 400 pounds with the 5% body fat, assuming I don’t inject my eyeballs with steroids. Even with steroids it might be impossible. 

Even some of the greatest bodybuilders of all time like Ronnie Coleman; even if he took all the steroids in the world, he cannot become 1000 pounds of muscle mass with a 6 pack.

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Limits of growth?

I think this is a primary fallacy in Silicon Valley and beyond; people assumed that all growth is good, and that growth is a good progression.

However the problem here is that often when things become too big, they become fragile, and a positive detriment to your life and lifestyle.

For example, let us say that you buy an eight bedroom eight bath mentioned somewhere in Malibu. Can you imagine trying to clean all those toilets yourself?

Even if you had an army of housekeepers, the constant fear that they’re stealing your stuff, not working hard enough, or being sloppy.

Even the thought yesterday when vacuuming my house with my new Dyson, even in our relatively small two bed one bath apartment, keeping things clean and vacuuming daily is a full-time job. Let alone imagining having to mow the lawn deal with landscaping etc.

Lifestyle “upgrade”?

Don’t think lifestyle think bodystyle.

What is my vision of body style?

First, what your body looks like. There are certain things you cannot change like your height; but beyond that everything is fungible.

For example, your body fat percentage and your muscle mass percentage. These are things you could control.

The easiest way to lose body fat is to start fasting intermittent fasting; breakfast no lunch, only dinner. One insanely massive dinner a day, aim for 3 to 4 pounds of meat.

The greatest thing about this approaches that is free; intermittent fasting is free! It doesn’t cost anything, and also, you save money!

Also, beyond that you save time. For example, the time having to prepare breakfast and lunch, cleaning up, even going out and having to pay seems like a bad idea.

If you are a true Silicon Valley entrepreneurial nut like myself, intermittent fasting makes sense because you remain in peak physical and physiological energy throughout the whole day, without the drowsy food, downside of eating lunch.

In fact, whenever I tell people that I do interment fasting that I don’t eat breakfast or lunch, only dinner, it is actually a very impressive thing to most people. And then people say that it is not “sustainable”, and then I tell them that I’ve been doing it the last six years. And that is very easy. Then people say that it is not possible for them, which essentially means “I don’t want to do it.” But it is a physical, physics based fact that any human being, who is beyond the age of 18 and full adult maturity, would benefit from intermittent fasting. Even the elderly. I think the only people who should not do intermittent fasting is children under the age of 18.

Intermittent fasting could get rid of most people with Alzheimer’s, chronic elements, obesity and weakness etc. And also getting into intermittent fasting could actually get rid of type two diabetes.

And the hilarious thing is there is no risk to intermittent fasting. Like you won’t die. The average human being could probably go 90 days without food, as long as they drink water, you won’t die.

Fat is an organic battery supply for the human body. As long as you have belly fat, fed on your stomach or thighs or whatever, your body will be able to drop on that energy. The human body is not like an automobile gasoline car– no, you do not need to eat something to “fuel” your work out or your physical activity. You could just actively draw it from your fat supply. 

Why stack capital?

Rich people stack capital don’t spend it?

“White people make money don’t spend it, but I’d rather buy 80 gold chains and go ignant (ignorant)”– Kanye West

The ethos of the capitalist and capitalism is to keep accumulating capital for the sake of capital, and the whole ethos of the thing is to keep stacking capital indefinitely.

Stay humble and stack sats (Satoshis, the micro division of a Bitcoin) – Michael Saylor

This seems bizarre to most people. Why? I think for the average worker bee or plebeian in capitalist American society or the western world is to work hard, save money in order to invest it, or in order to spend it.

For example, even to the average “responsible” person, the ethos is to “save up” money to buy a house, etc.

But I wonder how much of this line of thinking is just propaganda that people have not given a critical think about?

Power accumulation?

My personal thought is perhaps the goal here is actually power accumulation.

If we take a “Will to Power” Friederich Nietzsche approach, the sake of power is to use your power to keep accumulating it.

For example, the ethos of the powerlifter is to keep accumulating more and more power, which is typically personified through his or her one repetition maximum, the maximum total weight he or she could lift for a certain lift. 

We also see this in the realm of cars. For example, for men it seems like a big dick measuring contest; whose car has more horsepower? Whose car goes from 0 to 60 faster? Whose car is bigger? Whose car is more lifted off the ground? Whose car is louder?

Obviously the cybertruck is the big swinging silver dick in the room. 2.6 second 0-60 speed for cyber beast. For example, even the Porsche 911 Turbo hybrid has only a measly 2.9 second 0 to 60; the cyber beast can crush it.  not only that, but the cyber truck is bigger, better, more dominant, more impressive.

What is more impressive than a cyber truck? Nothing.

Even kids, they love the cybertruck above everything else. Lamborghini is done. 

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For what

The first general thing is freedom. Freedom of time, schedule, mind space etc. What is a simple heuristic of whether you are free or or not? Whether you could go 2 years without checking your email or using email. Or whether you can live without owning a phone.

Also, when you’re in a position in which you no longer need to accept money. 

What loser Marxists don’t get 

For the most part, I think Karl Marx was a loser, and anybody who followed him is also a loser. 

It seems that it is the imperative of the week in powerless to spite and hate those with power. For example, the sheep in the land will forever resent the eagle, whereas the eagle doesn’t really care; the eagle simply enjoys feasting on those delicious little lambs. 

Constructive and positive change

The world is big enough and tolerant enough, for almost everything. Rather than trying to tear things down, far better to be constructive of things.

For example, just leave other people alone, and focus on building what you got.

For example, I find this whole notion of repatriation a bizarre one. Certainly land has been stolen from anyone and everyone; but for the victor to give land back to the defeated, is a law that doesn’t work in physics. 

Personal goals

For example, nobody’s putting a gun to your head and forcing you to work that job you hate, or forcing you to subscribe to Netflix, Spotify, Disney, Disney+, Hulu, etc.

Also, nobody is putting a gun to your head and forcing you to spend money on shoes, clothes accessories etc.

Nonnegotiables in life like paying rent, buying food. But nobody is forcing you to purchase and smoke marijuana, or having to consume alcohol.

People know that it is option that you don’t have to drink alcohol? That even if you meet up friends for a bar, you could just order a sparkling water or a Perrier, or maybe even a cup of coffee instead? 

Also, nobody is forcing you to live in America. People always love to complain that the cost-of-living is too high that rent is too expensive. But don’t you know that you could live in a very nice apartment in Vietnam or Cambodia or Thailand for only $300 USD a month? And most people who don’t have children, and also maybe not married, you have a choice to leave.

Choices

So some simple thoughts:

1. The most critical capital is your body capital.

Let us also not forget that the word comes from the notion “caput”– cap, head. That back in the ancient days of the Iliad and king Agamemnon, a head of cattle was the sign of wealth.  even when describing Athena, and she is described as having hundreds of golden tassels, each tassel being worth 100 head of cattle, you can get a sense of what real wealth was. 

My very simple thought is the most critical thing to build or invest in is your body. Using money for health fitness dietary stuff, food, gym membership or yoga membership etc. Even purchasing your own weightlifting equipment. This is by far the best use of money.

2. Location

Also, the biggest privilege in Los Angeles is which neighborhood you live in. For example living in Culver City, my extreme privilege and joy of having the ability to just walk everywhere without having to jump into a car. This is why we pay $3200 USD a month for rent.

Never make a big deal out of anything; even if it is a big deal

Never ask what is wrong; don’t fan the flames

Lips shut

Stoic Thoughts

Bitcoin & stoicism 

Immaterial Things

The material vs immaterial world? 

Innovation is joy, not money and purchasing things

How to build power? Conserve it then stack it!

Your body is the ultimate vehicle

Your body is the most ultimate vehicle to purchase, upgrade, detail, increase your own horsepower

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You will always put money in what you believe in

A thought; before making a certain purchase, if you hesitate … it is a Sign that it is not that important to you?

Think a long long long long time before purchasing anything

What if there’s nothing left to buy?