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-balanced”, 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 “metaverse”

    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

  • IRON MAN

    Become iron man