what to cultivate?
Fast from media or just quit it!
Reduce, reduce, reduce, reduce!!!
LASER EYES
what to cultivate?
Fast from media or just quit it!
Reduce, reduce, reduce, reduce!!!
LASER EYES
Guard your time
Infinite and no limits is often bad.
you could literally spend the next 30 years of your life watching chess videos on YouTube, not playing chess, just watching the videos of other people playing chess, right? There’s infinite, hundreds of thousands of hours of chess videos to be watched.
Nine, stay cheerful, be constructive. The world is full of 10,000 things that are ugly and awful and you can talk about them ad infinitum, but if you sit with someone for three hours and you talk about how awful the world is or how much you don’t like it, at some point if you watch them, I do this with my employees, I’ve lived this life, so I’ve sat with employees and I’m in a bad mood. I’m like, “This isn’t working, this isn’t working, this is not working, this is not right, we could have done this better, we could have done this better, we could have done this better”.
Cheerful and constructive is better
Think statistically
I hate reading doomsday stuff
Perhaps we should become less wishy-washy, and think more about facts?
Is there any upside to entertainment? 
Get rid of the ugly apps
Peace & solitude vs war
..
Do you really want it to last, if so how long Really
Beachfront property? 
..
Safe, protected
..
Peace and quiet
Yes this is a thing!
Becoming the uber-street photographer:

ERIC KIM CHATGPT BOTS



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Timeless wisdom from the masters of street photography.
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Also,,, space for your own thoughts?
The chance and opportunity to dominate!
Merely foolish!
Switch it up between Apple Maps and Google Maps —
Perhaps why is wise to observe people in real life is that if you look at people in real life, see how their face looks, the bags under the eyes, their poor physical health… You learn a lot.
This is perhaps why we should ignore all comments on the Internet:
1. First, now, it is literally impossible to know whether something was written by a bot, ChatGPT or a human. No more Turing test.
2. When people ask certain questions relief are in comments, simply by looking at them in real life, you can see the source of their unwellness. On the Internet, without being able to see the physicality of someone, you know nothing.
Some analogies to life—
The general idea is some people spend their whole lives indoors, stuck behind tint or whatever ,,, or closed walls and think that is the ultimate reality.
Also arguably.,, some people live their whole lives in the shade and wonder why they’re so cold, frigid and miserable.
***
500T IN TRADITIONAL ECONOMY
UNWELL PEOPLE
20% VS 5% RETURN
STRIP AWAY COUNTERPARTY RISK
CORPORATIONS ARE TAX SURFACES
THE IPHONE 99?
For example, strap on a 60 pound weight vest ,,, this additional weight is not “good†in the traditional sense.
Roller Coaster Tycoon (Classic) Vibes
We never discovered perfect money
Protocol —first sound economic protocol
The half life is forever
Half-life of the US dollars is 10 years
The most consequential halving of bitcoin, April 20, 2024
Squeeze ***
By 2028– 2032…
commodity: nobody issues it
Security: somebody or some central thing that issued it
20th vs 21st century thinking
Don’t peddle yourself
The price of everything goes up 10% a year
You cannot outwork inflation
Toxic money—
Don’t invest in toxic money
1. Don’t give your kids toxic water.
2. Don’t give your kids food with worms
3. Don’t get bled to death
8-10%
The term “cost of capital” refers to the rate of return that a company must earn on its investment projects to maintain its market value and attract funds. It represents the opportunity cost of making a specific investment instead of investing that same money elsewhere with a similar risk profile. There are several components and considerations to understand when calculating or discussing the cost of capital:Components: The cost of capital can include the cost of debt (the interest rate paid on any borrowed funds) and the cost of equity (the return required by investors in the company’s shares). For companies with preferred stock, the cost of preferred equity is also considered.Weighted Average Cost of Capital (WACC): This is a common measure that averages the costs of equity, debt, and preferred stock, weighted by their respective uses in the company’s capital structure. The formula for WACC is: [ WACC = \left( \frac{E}{V} \right) Re + \left( \frac{D}{V} \right) Rd \times (1 – Tc) ] Where:(E) = market value of the equity(D) = market value of the debt(V) = (E + D), the total market value of the company’s financing (equity and debt)(Re) = cost of equity(Rd) = cost of debt(Tc) = corporate tax rateCost of Equity: This can be estimated using models such as the Capital Asset Pricing Model (CAPM), which calculates the cost of equity as follows: [ Re = Rf + \beta \times (Rm – Rf) ] Where:(Rf) = risk-free rate of return(\beta) = beta coefficient that measures the volatility of the company’s stock in relation to the market(Rm) = expected market returnCost of Debt: This is relatively straightforward to calculate as it is the interest rate paid by the company on its debt. However, because interest expenses are tax-deductible, the after-tax cost of debt is considered in WACC calculations.Influence on Investment Decisions: The cost of capital serves as a benchmark for evaluating investment projects. A project is considered potentially attractive if its expected rate of return exceeds the company’s cost of capital, implying that it should add value to the company.Factors Influencing Cost of Capital: Several factors can affect a company’s cost of capital, including market conditions, the company’s risk profile, its capital structure, and prevailing interest rates.For entrepreneurs and those interested in innovation, understanding the cost of capital is crucial for making informed decisions about financing and investments, ensuring that capital is allocated in a manner that maximizes returns relative to risk. It’s a fundamental concept in the evaluation of potential projects, acquisitions, or any strategic moves involving financial investment.
94%
Institutions canal by bitcoin because of the bitcoin spot ETFs
Not digital information!
Digital capital, digital property
Oscillate
The gift to humanity
Everyone unanimously says that porn is bad— truth be told it actually probably isn’t that big of a deal.
I would actually make the claim that watching sports — basketball, baseball, soccer, football is worse. More time consuming. At least porn can be a positive stimulant and motivator whereas sports is a downer? Typically people don’t drink beer, eat chips, eat pizza while watching porn.
Funny intervention:
Porn is probably fine … just don’t blow your load.
Watching porn and not blowing your load … is it still porn and “bad� No.
Matrix — Warner Brothers… *NOT* the Wachowskis…
Save time, augment your life!
Rather the true value of something
Bitcoin is money, everything else is credit— Michael Saylor
Infinite budget
Store of value
Hold it for 100 years
Monetary integrity
Don’t make the network more fragile … even though it may be faster and “betterâ€
Using Bitcoin as gas
$5 million dollars worth of bitcoin as collateral … as “gasâ€
Infinitely scalable
“Gold is money, everything else is creditâ€â€” Jpmorgan
Paying with money vs paying with credit
How long does it take money to settle, 4 years?
If you ain’t proud of your body, you ain’t proud of yourself.