Conquer capitalism
Author: ERIC KIM
-
Most parents don’t really care for their kids that much?
We often lament the fact that parents aren’t really active, don’t really spend time with their kids, or are always on their phones… Let them be. Why? Why should we care whether other parents care for their kids or not?
My mom told me that perhaps 90% of Americans all drink soda, or certain sort of sweetened beverage. That means that 90% of people are foolish and stupid-dumb. 
Or in other words, trust nobody who drinks alcohol, “zero calorie†sweeteners, drinks Coca Cola or soda, sparkling water etc.
Often the foolish thing that we say is that… Everyone else is doing it! But let us consider that perhaps 70 to 80% of Americans are obese, over fat. Does that mean we should be the same?
The Toyota Corolla is probably the best selling car, but would you rather drive the cybertruck, or a Toyota Corolla?
-
Think Terrain
The more interesting the terrain you interact with, the happier you will be? 
-
The One Arm Length Rule for Parenting
A very very simple parenting physical tactic: always make sure that your kid is within one arms reach of you. Because you never know when they will try to run in front of a car backing up
-
Intelligence *AND* Balls
What makes a good investor or speculator
-
The Cost of Living
$300 USD a month, for a nice fully furnished 2 bedroom apartment in Phnom Penh, Cambodia — Russian Market …
-
Adaptation
He who adapts the quickest, shall win.
economic theory
I conquered …
I want to invent more stuff?
Declare yourself fortunate #1?
.
Put back 2014-2020
Put on the laser eyes
Grow 20% a year
Growing more than 20% a year?
Michael has 3 kids
.
Double double double double?
.
2020
0 interest rates?
March 2020– new phase of my life?
Zoom, YouTube , new ideas
.
New business ideas?
Main street vs Wall Street
Death sentence?
Delamination
Double in value?
Broke my mind?
Decimated
Earning interest or not?
.
How to double your money?
.
Volatility?
3 year contract
Outperforming? Or under performing? Or same?
You want a boss?
Print 40% more money
Keep parity?
Surge?
Purchasing security, 40% liquid asset in publicly traded companies
Digital Gold > Gold
Think Digital ***
Big Tech, Global Dominant
Hard Money
Don’t just wait to die!
Seize!
Citadel, don’t get starved to death
.
Back to the people –> ride out of the citadel!
Take a decision!
Team Bitcoin!
Crypto Cowboy
Powerful vehicles
.
POMP?
$250M of Bitcoin
Ask Jack –> will he buy Bitcoin?
We’re gonna win!
Year 1– 4 more years
.
1994– of course you need a website,
Of course you need a website & bitcoin!
Bitcoin is like owning your own domain website
.
Just in time … right now or not.
-
Time
Time is the ultimate scarce desirable asset
-
Power Ascending
My only goal or path in life





-
Ignore Short Term Noise
Wait a week, two weeks … if a month in it is still a problem, then it is real signal.
Perhaps in modern day times, too much short term stress, noise or hormones is what gets in the way?
Don’t be a coward or weakling!
-
Don’t let nobody get in your way
Also don’t get in the way of others
-
Power is the Goal
Not “happiness†or even good moods!
Maybe not even joy?
-
Ignore Everyone Else
Everyone else is foolish
-
Bad Energy?
Avoid and stay away from people with bad energy — don’t interact with them
-
How to Stay Focused
Is focus a virtue?
-
What is Money?
Solidified economic energy?
-
RADICAL DESIGN
Idea and theory:
Whenever possible, always invest in the most radical and cutting-edge design of the time, because it will last longer.
Or in other words, Cybertruck or nothing!
-
Maximally Tolerant
The true Spartan Stoic man
-
Self Faith
Self staunch
—> learn from your past mistakes or regrets
-
Paradise!
Money lasts forever
Money which lasts forever
Hold the best money
Become the most indestructible
.
There is no second best ***
Invest in money
Over a long term horizon, laser focus is rewarded
.
$1M–> $1 B
7% real world yield
Crushing everybody
.
Keep buying, don’t sell.
200T–>
.
Full potential
30x, 500x increase
What to demonetize?
-
20x more expensive dollars
1923-2023– USD loses 99% vs Gold
.
Most investment gains are driven by monetary inflation
Money supply. m2–
Tracking monetary inflation rate
.
365 , 99.5% nothing happens
Laser eyes
HODL
.
Money lasts forever
.
Bitcoin is Sound Money
The reason why Bitcoin is good is because it is difficult to create, fiat currency — a need on a computer can just push a button and trillions of it can be printed.
Good real true money — it must be difficult to produce.
Difficulty adjustment
-
Having an insanely open schedule is the ultimate privilege 
Never to rush your kid, but instead, have them independently decide when to leave the park 
-
What Do You Desire to Build or Develop? 
Memento mori. And also once you have a kid, or kids, memento more for your kids. Also your mom, your partner, etc.
In this short and uncertain world in which we all live in… I suppose the big question is this:
What do you desire to build or create or develop, while you’re still alive? 
Simple thoughts
Everybody has a different Archimedes lever, a place to stand, gifts talents etc.  I think the best way to think about life and how to approach life is realizing this:
Not desiring the skills or talents of others, that which you don’t have.
For example, I don’t know how to program, write code, develop in the tradition computer science. However, I’m really good at building websites, blogging, riding, thinking, coming out with creative ideas etc.
Thus, I feel the most effective way to approach life is to maximize your commutes lover, rather than wasting time on that which you’re not really good at, rather, keep leveraging that with you’re really good at and strong at.
For example, let us use weightlifting as an example. Rather than trying to improve a lift that you are really poor, or you have poor leverage in, better to maximize your strength and your leverage and your training on the lifts which you are really good at.
Traditional education is broken
I’ll give you an example, traditional K-12 education is broken in so far much as this generalized idea that one must be “well-balancedâ€, in all the subject categories.
However, the reason why I think this is a poor strategy is that truth be told, once contribution to the world and society is based on typically one or two really good skills, not the weak ones.
For example, I am very poor at math, traditional sciences. And funny enough, I’ve essentially made my living from writing and photography, yet I never really did that well in English class, and by traditional sense, I have “bad “English. Also, I never went to art school, the guitar school, I never studied photography formally, but, I’m the most successful photographer that I know.
Also, in finance, economics, investing… Once again, I have never studied economics formally, or business, yet I have been very successful in my investments insulations, because I have the outside effect; I could think outside the box, because am not a slave to traditional thinking.
Why make an impact?
I think it is the desire of each and every single human being to make an impact, create a legacy, etc. There are different ways people do this. Some people do this by having kids, some people do this by writing books, articles, videos, making art etc.
In fact, when you make art, or you write stuff, it is like your metaphorical children. I think this is why before you have kids, you’re really focused on writing, and producing art. But once you have a kid or multiple children, you then realize then you’re next and new and ultimate art project is actually in fact your kids.
The solution for artists  
Funny enough, a lot of writers, photographers, artist often have creative block, in which they have a difficult time finding motivation or inspiration to make art. But ever since Seneca was born, even while Cindy was pregnant, this has been by far the most photographically productive I have ever been. I think in the past I struggled with pictures, but now, I shoot on average of around 1000 photos a day. In fact, I’m shooting so much that even right now, I have a very very difficult time keeping up. 
Ideas
I been studying a lot of bitcoin lately, I think the best new way I’m thinking about bitcoin is making the analogy that bitcoin is like the new App Store for the iPhone. Trying to learn how to virtuously use bitcoin as the developmental platform, the new open protocol.
I’ll give you a good example of an idea, which is very simple: how to get rid of advertisements on the Internet. I think bitcoin is the solution.
A very very simple idea; to create a new sharing website or platform which has zero advertisements. 
-
The best capital asset –> exceeds the cost to capital
.
100x
Low risk
Think 100x
.
Volatile is because it is desirable! ***
Longest duration asset
.
Bitcoin is the best asset class
Ecosystem of products, services, companies, securities, derivatives, professions
The Internet of money
.
Never decreasing only goes one way
One way ratchet capital ratchet
.
Bitcoin is the place to stand!
Generate performance with leverage
.
There is no second best way
Crypto Cowboys
2020-2024 crazy years
.
Pure economic energy
Solution to other 50% problems in world
.
Growing vs destroying capital?
.
What do you desire to build or develop? 
-
The best idea
Digital Transformation
The digital wave
Life isn’t fair
Global economy isn’t fair
The second best idea is worth nothing
Digital transformation of matter & energy –>
Matter & energy vs information
900T of assets in the analogue world
.1% is digital… still very early
Everything is still analogue
Crypto proof of work
The world wants digital capital
Proof of Work
Energy -> information via cryptography
Not all crypto is digital capital
Decentralized asset
A physical asset **-> thermodynamic link to universe , not just the “metaverseâ€
97% of proof of work
Dogecoin is second best
Best crypto asset
.
Don’t trust stupid people
Unstoppable .. 70% a year
Pure digital power
20 nuclear reactors
.
Best crypto brand
Solana?
Fail
100% acceptance
Best investment brand
No second best investment brand
Cool, useful, global, standard, interesting, egalitarian, prestigious
.
Blood sugar, 400M passionate fans sports team
.
Standardized
Economic Solution
Standard, standardized
Standard Oil ***
The Bitcoin Standard
Standard investment brand
Always interesting
.
Ultimate luxury brand
Best digital commodity
.
Satoshi walked away!
Digital, fixed in supply
.
Programmable, inelastic
DuPont: escape a commodity business, become a specialty business
Zero profitability?
Produce something at a loss?
Investor
Gold least worst
Peter Schiff doesn’t own gold!!
Only scarcity
No amount of money will buy you more time or bitcoin
Bitcoin is time?
Bottled time in a bitcoin ***
Digitally transform time into an asset
Time is Money
Digital Time is Bitcoin
Made money in property
They’re making more land!
There is no second best city in the world
.
Immortal, sustainable
10,000 years
Sustainable no painting
Property corrupting in the real world
276^3
276 blocks wide, high, and deep
.
Buy one block, that’s all there is
21M… cubed
No second best property *
Pure economic energy –> capital
Equity, credit, currency
.
Impaired by physical constraints
The myth of gold?
What’s REAL?
Indestructible , inevitable
.
394%.
SP500– 50%
.
Best capital assets
Bond -20%
Economic Empowerment
Modern day life is all just about hedonism?
Exposure to the real world
-
Re-Think
Unique vision





























































































































































































































































































