*Just enough* technology?
Maximum strength minimalism
Leica MP is the only Leica camera worth having?
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
.
The ducat
Barbarism and destruction?
.
Nonviolent defense is a bad strategy
Would Achilles “turn the other cheek”?
.
The right to defend, the right to attack the bad guys?
.
Attacking before an attack will happen?
Self attack?
Time and space
.
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?
.
USD to be backed by Bitcoin?
.
Foreign hard money
.
Batteries don’t hold charge
Dematerialize **
.
Insulation
.
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?
.
Serfs, feudal lords … modern day renter and landlord?
Making a more durable body?
.
Tax & inflation is the enemies
.
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.
.
Future predictions?
- The collapse of the university institution?
.
Digital serfs, digital serfdom?
New digital slaves
Do you want your kid to be a slave?
.
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?
.
$100,000,000 sats in $1B
.
Think Satoshis?
.
Indestructible?
Nobody wants silver ***
“Not all that glitters is gold”
Wealth is a mental thing?
.
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
.
Seasteading?
Salt.. keep for long durations, easily divided and grouped.
.
Why do humans think in round numbers
Pecuniary– pecus. Cattle.
Peku– cattle.
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Buy cheaply?
.
Buy used
.
Weight lifting plates … high cost?
Counterfeit … purity of money
.
Gold standard backed by gold
Storing wealth vs money for living expenses –> food?
.
Durability is prime
Durable Body
Thinking Fractions
Increase productivity
Sail further
Stretch duration
Capital accumulation
Make superior products
.
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
.
Centuries, Millenia
Stones never moved
Salability across space … payment anywhere on island
Different sizes
High cost of acquiring new stones
.
Not of value because gathered too easily
.
Glassmaking was expensive beads.
.
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.
.
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?
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. 
Work 30% harder, main street … raise prices 30% higher?
$16->>$20 dollars USD inflation???
Run as hard as you can and go backwards?
Create your own endowment
.
I don’t even need to flex no more! ***
.
Currency vs asset (gold, bonds, property, real estate–> store of value )
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
.
CONCENTRATED DIGITAL ENERGY, DIGITAL STEEL
Bitcoin as digital steel
.
You don’t need to ask for permission! *
.
If I want to be rich I want to purchase scarce desirable goods
.
30% money printer up!
.
Think 4 years ahead ..
.
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
.
Properties, real estate…
Don’t work for cash ***
1 pint of blood … 2 months to recover
.
Keep it simple
The point is to fix the money … money is energy and life
What is cryptography
.
Think the internet
“Shares” in the bank
2.1 quadrillion Satoshi
21 million coin units
The immutable truth every 10 minutes
.
Start a side hobby … then commercialize it later .
It is all digital
.
Digitally transform capital
.
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”–?
.
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?
.
Politics and cultural drivers
.
Why do people want to create new nations?
.
Propulsion and materials issues
For all mankind
.
Think orders of magnitude?
.
1980s, water and mini nuclear power plants
.
100,000x easier
Cyber space over space space
..
….
Waste?
.
Immortal life?
.
How to stop or reverse “aging”–?
In my mind I’m 26 years old forever?
.
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
.
Anti compart amentalized
- Focus your energy
- Guard your time
- Think for yourself
- Curate your environment
.
They invented ADD to sell you aderal
Invented breakfast to sell you breakfast
- Bitcoin is property
- USD is currency
Preserve and conserve your life force
.
Cyber Rapper
.
What really happened 1,000 years ago?
.
Money must last at least 100 years
Michael Saylor is very wise
.
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
- Europe sucks: The politics sucks —> you can’t use Zillow in Europe?
- 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?
I’m More Interested in My Own Progeny than Others
The shift —
The shift in being interested in others and now … supreme fascination in my own child — in Seneca
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?