ERIC KIM

Artist-Philosopher

DEMATERIALIZE

Parochial

from Hellenistic Greek παροικία (paroikía, “stay in a foreign land”), later “community, diocese”, from Ancient Greek πάροικος (pároikos, “neighbouring, neighbour”), from παρα- (para-) + οἶκος (oîkos, “house”).

Settle

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The ducat

Barbarism and destruction?

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Nonviolent defense is a bad strategy

Would Achilles “turn the other cheek”?

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The right to defend, the right to attack the bad guys?

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Attacking before an attack will happen?

Self attack?

Time and space

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Things which don’t make sense

.. America has debt 34T, China has 10T debt, Korea 1T debt …. how is this possible

.

Mental hygiene

Money Hygiene?

Poor people

Poor people drive Teslas, have iPhone Pros?

Rich people hold & own bitcoin

Rich people buy Bitcoin?

Abandon silver standard?

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USD to be backed by Bitcoin?

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Foreign hard money

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Batteries don’t hold charge

Dematerialize **

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Insulation

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When is digital good, when is digital bad? 

Society & Sound Money

“Coin clipping”

Poor “investments”?

What are good stores of value

Nadir

Survive 1,123 years

solidus … longest serving sound currency in history

.

Monetary decline, societal decline?

.

Where else can you go?

Salability of gold over time

Store of value

Storing energy, storing heat?

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Serfs, feudal lords … modern day renter and landlord?

Making a more durable body?

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Tax & inflation is the enemies

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Renting is smart:

When inflation goes up and you’re paying a fixed rent, rent control … you’re making a “profit”?

–> note the problem with owning property. Your property value goes up, but unless the value of it is going up 25% year over year, you’re just stagnant at best? Probably bleeding and losing money.

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Future predictions?

  1. The collapse of the university institution?

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Digital serfs, digital serfdom?

New digital slaves

Do you want your kid to be a slave?

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Bitcoin jewelry?

1.5% growth rate of gold

How many Satoshis in a bitcoin

There are 100,000,000 satoshis in one bitcoin. Each satoshi is the smallest unit of the bitcoin cryptocurrency, named after its pseudonymous creator, Satoshi Nakamoto.

Sats

100,000,000 satoshis in one bitcoin

SATOSHI is the new USD?

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$100,000,000 sats in $1B

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Think Satoshis?

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Indestructible?

Nobody wants silver ***

“Not all that glitters is gold”

Wealth is a mental thing?

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Soundness of money

Why money and money philosophy is so critical

Money is the only thing which drives the world around — Heraclitus?

It underpins Almost all of human existence

Durable

Small and valuable

Combined into chain, necklaces, bracelets

Gold can be remelted, remolded, etc.

16th century

Easy money?

Slave beads

More valuable,,, harder to find ..

Stock to flow value

Uniformity

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Seasteading?

Salt.. keep for long durations, easily divided and grouped.

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Why do humans think in round numbers

Pecuniary– pecus. Cattle.

Peku– cattle.
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Buy cheaply?

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Buy used

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Weight lifting plates … high cost?

Counterfeit … purity of money

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Gold standard backed by gold

Storing wealth vs money for living expenses –> food?

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Durability is prime

Durable Body

Thinking Fractions

Increase productivity

Sail further

Stretch duration

Capital accumulation

Make superior products

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The philosophy of money

Rai stones of the yap people

Not native to Yap

Limestone from neighboring islands

Beauty and rarity of stones .. desirable and venerable

Procure is difficult

Everyone can see in prominent location

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Centuries, Millenia

Stones never moved

Salability across space … payment anywhere on island

Different sizes

High cost of acquiring new stones
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Not of value because gathered too easily

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Glassmaking was expensive beads.

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I think the truly transformative thing about Bitcoin is the notion of fractional ownership … (.3 of a Bitcoin)

The hard thing — we always think in round numbers? 1 Ferrari, $1M, 1 hundred dollar bill, one $1 dollar bill, one good — in material goods. Or 1 ounce of gold, or one bar of gold. Or one property, one house, one property. In individual bedrooms. We can have 1, 2, or 3 bedrooms … not .7 bedrooms or 1.3 bedrooms.

We have a hard time thinking in fractions.

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Minimum Wage & Inflation

Overnight… our money is now worth 25% less?

25% inflation?

$16 to $20… what percentage inflation

To find the percentage increase from $16 to $20, you can use the formula for percentage change:

[
\text{Percentage Increase} = \left( \frac{\text{New Value} – \text{Original Value}}{\text{Original Value}} \right) \times 100\%
]

Substituting the values:

[
\text{Percentage Increase} = \left( \frac{20 – 16}{16} \right) \times 100\% = \left( \frac{4}{16} \right) \times 100\% = 0.25 \times 100\% = 25\%
]

So, the inflation from $16 to $20 is 25%.

The New Virtual World

Currency is losing 15% of its purchasing power year over year?

99% of assets into bitcoin, 1% into operating cash?

Digital Hard Money

How to move economic value across time and space

Indirect exchange

What goods do you want to acquire?

Bitcoin Bros

“How many bitcoins do you own bro?”

The new digital dick measuring contest?

I’m the richest, most successful person I know?

I think the critical flaw is that we are always comparing ourselves to other people on the Internet or whatever. However I think it is much better and more productive to just think about yourself and comparison to real life people you know in the flesh. 

You don’t need to ask for permission!

Conservation of Energy

Conservative money supply –> Austrian economic principle, bitcoin

Respect the laws of thermodynamics, pure… math, integrity, durability

Wood rots

100 years … 2% tax, 2% maintenance, 4% maintenance fee .. –> your money doesn’t last 100 years

I need something harder more durable –> economic steel

STEEL

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CONCENTRATED DIGITAL ENERGY, DIGITAL STEEL

Bitcoin as digital steel

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You don’t need to ask for permission! *

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If I want to be rich I want to purchase scarce desirable goods

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30% money printer up!

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Think 4 years ahead ..

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Creating more cash money isn’t creating more capital

If I gave everybody a billion dollars and everyone bought a Ferrari …

A trillion dollar note doesn’t create more stuff

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Properties, real estate…

Don’t work for cash ***

1 pint of blood … 2 months to recover

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Keep it simple

The point is to fix the money … money is energy and life

What is cryptography

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Think the internet

“Shares” in the bank

2.1 quadrillion Satoshi

21 million coin units

The immutable truth every 10 minutes

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Start a side hobby … then commercialize it later .

It is all digital

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Digitally transform capital

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How to start your own hedge fund?

Hard is for Slaves

14%— inflation

Money is socio economic energy to trade with

Leverages?

Always strive to improve your leverage

Don’t worsen your leverage to make it “harder”–?

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Hard is for slaves

your poor economic situation is your fault and responsibility

IS LIFE BETTER WITH XYZ OR *WORSE*?

Facebook: Even though I don’t really like it myself, it certainly does make life much better in other parts of the developing world

Instagram: Worse. Inability for hyperlinks

YouTube: Better, but with great caution.

Apple: Better

Google: Better

ChatGPT: Better

Inspire or commercialize?

Can you make money in mars?

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Politics and cultural drivers

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Why do people want to create new nations?

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Propulsion and materials issues

For all mankind

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Think orders of magnitude?

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1980s, water and mini nuclear power plants

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100,000x easier

Cyber space over space space
..

….

Waste?

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Immortal life?

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How to stop or reverse “aging”–?

In my mind I’m 26 years old forever?

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What is “sickness”?

Rockefeller — age 99

Reject doctors

The fasting cure ***

Sick: stop eating

Just fast from it ***

.

Fast from wickedness

Less government

Free trade

Education & Free trade

Hard currency

Free money, open source money …

The Standardized Money

Bitcoin as standardized money

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Anti compart amentalized

  1. Focus your energy
  2. Guard your time
  3. Think for yourself
  4. Curate your environment

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They invented ADD to sell you aderal

Invented breakfast to sell you breakfast

  1. Bitcoin is property
  2. USD is currency

Preserve and conserve your life force

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Cyber Rapper

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What really happened 1,000 years ago?

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Money must last at least 100 years

Michael Saylor is very wise

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I Love America

Everyone seems to be anti it? Both the left, the right … the middle, the extremes?

Where are the people who are not on the spectrum … who just love America for what it is?

THINK PARADIGM SHIFTS

  1. Europe sucks: The politics sucks —> you can’t use Zillow in Europe?
  2. Nuclear power: Cleanest safest energy —> politics shut it down? Oil and gas industry paid money to activists —> shutting down nuclear?

Human race?

Man Desires Offspring, Not Women

The weird bias in todays world:

Man chases and seeks woman for the sake of woman.

Doesn’t man know that woman is a means and a path for offspring?

Why I Love Bitcoin

The more I think about it ,,, the paradigm shift on it is phenomenal.

Nobody Wants It

Don’t make things that nobody wants— nota bene— Apple Vision Pro

Even if it were free I wouldn’t want it?

Even if you paid me $20 a day to use it I wouldn’t want to

iPhone Pro — I don’t want it.

Certainly it is impossible to know whether or not beforehand whether people will like something or not but still.,, the ultimate goal is to create things in which people didn’t know they wanted?

YOUR CHILD

Your child, your kid … the ultimate inspiration and motivation

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