Posts
Why Money?
Money as stored power, and labor, to be used at other times?
Money as potential energy? 
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smuggler –> someone who doesn’t want to pay taxes
Control over the mercantile network
The doge in Venice
Who takes half your money
Energy flow
Pontifex Maximus
Democratic is often bad?
–> Apple as the ultimate democratizing thing
200 basis point spreads
Amsterdam -> distribution center
It is useful to have god on your side
Create the religion for political and economic reasons
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Center of empire
Create economic density
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1 export in America is security
Blows up
The most dangerous industry?
Difficult technologies
100 story skyscraper
Steel is the perfect material for civil engineering –> cheap
Steel will last forever
Cold rolled steel
Steel is strongest of strong
No steel no bridges
No bridges no manhattan
Makeup is for ugly people?
Aluminum is 20x more expensive than steel
Aluminum flies
Trillion dollar industry
Civilization
Energy Network
We are not alike
1900-1950: conquer infectious diseases
People with tuberculosis –> 1B people death sentence
1/2 penicillin antibiotics and sterilization half of history books
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People bleeding themselves to death?
Think population
Defeat tuberculosis
Fungus
Think modular clothing?
Don’t channel people in any direction too much
Accidental breakthrough
1/2 of breakthroughs are accidental
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What is muscle? A store of power
Latent energy
Nobody cares for your token! The biggest issue with tokens is that you could just keep producing them
For example, if you are an arcade, the Peter Pan arcade, then as a consequence, you could keep making these tokens ad infinitum 
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The Black Eagle
The warberghs
Mobile Capital
Harder, faster stronger
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Smile!
Bitcoin Theory –> I’m excited about this!
The first digital monetary system,
Perfected . 200B market cap
100B of monetary energy
95%-99% doesn’t believe in them?
Fire unleashed, too big to fail
Exothermal
Collapsing into lower energy state
For a nickel? Massive Dematerialize of value
Steam to water to ice
Giving off energy
How important is energy to the human race?
The bodybuilder ERIC KIM
PHASE TRANSITION
Money is the highest form of energy humans can channel?
What is money
Why does money matter
Missle –> kinetic energy
Aqueduct water and gravity
Weight and weight lifting is gravity
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Money as battery
Lose 2% a month, lose 24% of your energy a year?
24% inflation a year
$100M of energy and electricity you gotta use it today!
Gold : claim of saving
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Think mobile
$100M of energy 100 years into the future
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Laptop charged in attic for 100 years
Gold will last in vault 100 years
1900–> USA vault, we are the most successful, JPMORGAN remains NYC…. 2% miner rate of gold
35 years
100M–35M in 70 years , 12.5M in 100 years
Gold battery drained
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Don’t trust people with small dogs
Over a long enough time the mortality rate is 100%
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Variable defense
Variable
Why Save?
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Commodity is bad
Don’t be commoditized
Branding
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Stability is Key
Electricity > Apple
Public Utility
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Boring?
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$5 vs. $250,000
50,000x cheaper!
Crypto rails
Vacuum
Age 72–
The dark ages
Study the dark ages and the Great Depression
Waste 1,000 years?
25,000 pictographs … wrong alphabet for printing press
1453 for Gutenberg
Suffer 1,000 years?
My Legacy is Invisible
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Trajan Statue
Holding the world and it is round!
100AD
significant civilization regression
Leap Forward
Pottery wheel ,,, roll it?
Invent the rolling wagon–> turn it this way??
Homes with uneven floors?
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Bitcoin and blockchain is a wheel!
Wheel of Money
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Follow your instincts
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Intermarry
Control the religion
Energy flow
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Security
Ghenghis Khan… mongols
Bitcoin #1– secure energy and money
Defensive Power
Defensive Armor
Armor is more important than weapons?
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1000x stronger or faster or harder?
Energy storage device
1000x more energy?
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Don’t leak energy
Value prop … doesn’t kill you
Bleed 2% battery a year
Think storage?
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Think 1T photo business?
Growth company
Age 72–
The dark ages
Study the dark ages and the Great Depression
Waste 1,000 years?
25,000 pictographs … wrong alphabet for printing press
1453 for Gutenberg
Suffer 1,000 years?
My Legacy is Invisible
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Trajan Statue
Holding the world and it is round!
100AD
significant civilization regression
Leap Forward
Pottery wheel ,,, roll it?
Invent the rolling wagon–> turn it this way??
Homes with uneven floors?
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Bitcoin and blockchain is a wheel!
Wheel of Money
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Follow your instincts
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Intermarry
Control the religion
Energy flow
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Security
Ghenghis Khan… mongols
Bitcoin #1– secure energy and money
Defensive Power
Defensive Armor
Armor is more important than weapons?
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1000x stronger or faster or harder?
Energy storage device
1000x more energy?
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Don’t leak energy
Value prop … doesn’t kill you
Bleed 2% battery a year
Think storage?
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Think 1T photo business?
Growth company
How to start thinking, start walking
Flow rate
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Become Tank
Tank
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Modern day cyber tank
CyberTank
CYBER TANK
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HYDRAULIC POWER
trench
Moat
Natural tidal basin
Lobester men
Farm lobster not catch 
Don’t live in hotel
Free room and board until I eat you until you’re 70
Do you want to live in a lobster hotel?
Domesticated Lobsters
We don’t seek energy efficiency?
Hydraulic elevator, water pyramid
100,000 tons of stones using water
500kg lift
502 kg lift ?
1,250 pounds?
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Cradle of civilization water
San torini
Sissy
A river of donkey doo
Animal power is gross
100 pound weight vest
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Sanitation is #1
Metaphorical Sanitation
Narrow streets no donkeys
Roman knights –> equestrian class
Top .1%–>
The right to bring a horse into the city
Sanitation is a privilege?
How to move goods around?
Clean energy sources
Ports, boats
Man & Environment
The mediterran is perfect
Phoenician empires
Venetian Empire
Tour the great ports
Port Power
Control the ports ***
Think Ships?
The philosophy of XX training
Break Necks
Neck Breaker
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Convert car power into human leg power?
Nobody is badder than me
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3 minutes without air, 3 days without water, 3 months without food ***
70% water?
Don’t give toxic
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Cry tears of blood?
Overcome gravity with water and boats
The Iron Age
Being harder and stronger
The Bitcoin Age?
Orientation tour
19–> 5,000 people, officer 20s, 30s…
Old man is 41–
Number 2 is 38
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Top 12 in entire navy
“Everybody needs their turn”
Their hope to be captain –> captain of aircraft carrier
Get out of the way, give them their chance!
Anyone can be president
Become Mayor?
“One day you’ll have your turn–“
700 years
You’re a Roman first
That is the Roman way
Mothers Day
The American Way?
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No apologies about it
700 year republic
No Fair Fight
Spear in the gut
Unfair advantage ***
Think Siege Tank
Livy —
Get the high ground
Unleash artillery
Rain down hell from above!
Gauls
80% of them maimed
Real War?
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Carthaginians
Mistral
Reusable standardized parts
Labeled each part, number of parts … steal blueprint
90 days later, 150 ships
War has a way of quickening activity
Romans stole all the good ideas
First Punic war
Standardize the wagons
Anti Death
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Study your own civilization and culture
Standardized protocols
Think Standard
Standardized Money
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The Decisive Moment
Timing
The camera as a weapon or defense THING
Think Defense
Play Defense
Linebacker Approach to Life
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Pain doesn’t lie
What’s QE?
I’m the next JAY Z?
Becoming the next Jay Z?
Macro economic strategy
Economic “freedom”?
Value Proposition
There is no such thing as a fair fight
Apex predator in nature
Nature is cruel
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How to thrive in a hostile universe
Stronger means stronger defense?
Bitcoin, fire in cyberspace … Prometheus
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Cooked food, cook food … 10x more metabolically effective
Brain size … modern day brain size getting smaller?
Fire to See
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Muscle is converted power in the human body?
The most robust car ,,, Prius?
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Man is the only animal which plays with power
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Evolve
Duration
Think Duration
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Harness fire
Missle
Sling, arrows, 100k year old arrow heads
Leverage whip arm as lever
Lead bullets
10,000 BC… lead bullets
You figure things out when your survival depends on it
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Lead bullet
Hunt or defend
Asymmetrical warfare
The kill zone
Sun advantage
SMART terrain
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Deliver Force
Force delivery –>
Don’t engage
Just do what you do
Innovation
Fire & Water
Wave action is incredible energy
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Think about wheels or on barge in water
Can push with one hand
Hydraulic power
Beaver –> natures engineer
Beaver chops down trees
Into dam
Channel river floods the pond
Read the pond
Make lodge under water
Water is elemental to life
Pond creates a vibrant ecosystem … grows a lot of stuff
Beavers fix the dams
Industrious
What does that mean to humanity
Oil is money and power
Oil is not wealth
Water is wealth **->> key to life
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20’000 a year to make palm trees in the desert
$100M a year?
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Just live off the fish?
Water is infinite
500 fishes
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Fish with dynamite
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Pull out 1 a day
Human time is only resource?
The only true scarcity we have as humans is limited time on planet earth? 
The real cost of a good is the human time devoted to actually producing it? 
Human labor is the ultimate labor 
Technological solutions to problems?
We humans are actually the ultimate resource? The more humans reproduce, the more resources we have? 
Productive  ideas drive production and economy
How to store your time for the future?
Money as a store of time? ***
Bitcoin is the cheapest way to buy the future
Money is a saving technology, a store of value technology? Imputing money or cash with human labor and time?
Bitcoin as reserve currency?
Adopt bitcoin reserves
The integrity of the network is the value?
Immutability, resistance to change


What if there was such a thing as a free lunch?
Apparently the number one rule in economics is this notion that there is no such thing as a free lunch. But, if in fact, the truth was that there was such thing as a free lunch… How would this change things?
Secure capital you control
–> you control
Upside of renting … you won’t be there forever neither will they?
Harder, faster, stronger …>>>
Aces given power
Impossible to kill –> best abilities
Defense is #1***
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I’m looking for the fight, so I’ll absorb their thing
I’m looking for a fight?
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America … naturally we got good defense
Very hard to move stuff over oceans
People who cannot BE killed?
Goal –> to be unkillable?
Immortal
Never aging
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Infinitely hard
After the founder dies …
Think crypto 100 years from now or 300 years from now?
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Air power
Air power from navy power
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Control your own airspace
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High ground
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Geographic and terrain
Terrain advantages?
VPN
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LEAKING
It never works until it works
Learned individuals don’t make the breakthrough
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Not developed by professors
Tinkerers
How to Innovate
Competitive advantage
The internet is bad?
Most Technology is Bad?
Fake reality
“Any industry in which people complain about their asshole boss is likely part of the bezzle, because bosses can only really afford to be assholes in the economic fake reality of the bezzle”
Excerpt From
The Bitcoin Standard
Saifedean Ammous
https://books.apple.com/us/book/the-bitcoin-standard/id1396764099
No such thing as a free lunch, number one rule in economics
Produce something of value ***
–> the secret the pathway is entrepreneurship self-employment, sole proprietorship
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Why does unemployment matter?
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Once you get caught, it ain’t a big deal
Barebones simplicity 
Assume that all foreign nodes are potential attackers?
Assume that everyone else is hostile?
Assume that everyone is dishonest?
Nothing is forever. 
Digital “cash”?
Gold as money that nobody can print 
Proof and verification
Difficulty adjustment
100,000,000 Satoshis
Keep stacking those Satoshis
It can’t even be interrupted
Hard to kill
Strong people are harder to kill?
Maybe the point is just to not be killed? Or not able to be killed?
Inelastic
The difficulty of producing new coins  
Digital scarcity
Copying versus sending
Absolute scarcity 
Inflation schedule is immutable
Real cost versus fake cost? Real cost include time effort and labor
When people continue to hold the currency the value goes up?
The more people who hold the higher value 
The more hodler’s, the batter
Bitcoin as a store value, not as a medium of exchange
Making money with bitcoin through processing fees?
The more volatile, the more fun and interesting
A life without volatility is not a life worth living
The more volatility in life, the more fun and better life?
Focusing on defense is more profitable
War is Bad
“Ownership”?
Economic output is human time and labor
Purchasing power
Enslaving man for his own good?
To “free” man in the future?
Why do we humans have a hard time thinking about numbers money and finances
Purchasing power is important, not the absolute quantity?
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Sound businesses create value for society and people
More productive firms
Undead but not truly alive
Zombies
Burden, not productive assets for society
Devaluing existing money holdings
nefarious schemes
Allocate your capital to the investments which seem most productive
Government “funding”
A free marketplace of ideas
A productive banker?
Just let them die, no bailout.
bad ego vs good ego 
Bad ego is when you do something contrary to your own belief system, in order to stunt on other people.
The Bitcoin Standard is Lit!
A sign of a very good book: I think 90% of it is just focused on rethinking and reteaching and rechallenging old economic theories… I’ve read a lot of the book already, and I think the author only mentions bitcoin twice thus far.
Independent thinking
Bit Thoughts
Drivers
“Tell me your secrets”!
Military Complex
–> don’t cling onto the old thing!
Anathema
Heroics?
Humans don’t like non romantic stories
–> maybe the bank is obsolete?
99% of you got beat by the index
.01% of the cost
Asymmetric warfare
The most to gain the least to lose?
Feel like a pilot –> why, for the sake of what?
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Burn it into it
How to fight the AI bots?
Orange Check Verified
Open Permissionless and ethical
Closed protocols … proprietary is bad
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Open standards for authentications
10 Gigawatts of power
Millions of mining rigs –> many years of manufacturing?
Military using Bitcoin?
Encrypted messages
3,500 exahash–> 90%
51% attack? –> 20 minutes not 10 minutes
150 Gigawatt
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Bitcoin represents the most secure systems
Defended by raw power and energy
Machine gun in cyberspace as offensive weapon
Defense system
Cybernetic fence
Defend your own cyberspace
Protect the documents?
Cyber defense system
–> I like the aesthetics
Bitcoin as cyber defense system
You need to be invincible ***-> the ultimate super power
You’re going to win
Invincible but mortal?
Invincible and immortal –> Bitcoin
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Distance is a big deal
Americans, starting to have more fascination with machines, cars, things and stuff… A sign of degeneracy? Of downward going?
Of under going?
Over going or under going?
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Auto immune disease –> your own body attacks yourself
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Nobody prefers the second best in security –> nobody knows what second best is?
Cyber security system –> how much energy needed to break it?
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1-10 people can break it
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Bitcoin is energy over time

Hash rate
Analog to electricity to computing power
Proof of stake doesn’t work *
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DILF
4B of Bitcoin –> USA
$10B of Bitcoin owned by USA
$100B of Bitcoin
$100B risk free
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All physical power is military power
The top 300 Indian tribes
10,000 tribes which got squeezed out –> we don’t lament them
No power, no hope for you
Cyber power
Economic, physical, mental, political health ***
A family must control its space
Create the hard money
Digital integrity –> truth machine. Double spend problem
Keep the money on the network for 100 years
The killer app is money
Forget being forgotten
BRC20 tokens
New apps
Economic theory
How do I “brand” something?
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JPMORGAN .. 2500 year old ivory seal collection
Ledgers of money –> immutable bake the clay
Seal it, show it is official
A brand, a key
Private key
We the best not the first
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There is no second best thing ***
Everything else is fragile and corruptible
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The most powerful cyber network in the world
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Orange is the color
How to develop on Bitcoin
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Assuming that I am my own US military swat team, super soldier fund or whatever… How would I create and design myself?
If I had control over the budget to create a super soldier, what would it look like?
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Destructive or constructive?
Mental defense. Fund your defense, not your offense the joy of just being left alone.
Money is Potential Energy?
Kinetic & potential energy
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Assets withhold value versus assets which don’t?
Purchasing power
Prices of real good and services
Immediate consumption versus future potential consumption?
Differ consumption now, in order to increase consumption in the long run?
Corrupt and toxic
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Unsound money and war
Cooperation > Conflict –> if you have to continue dealing with them on a larger time horizon 
Free Trade
Monetary nationalism is bad 
Running a productive company 
Competitive advantage 
Individual freedom 
What is the purpose of taxes? 
Creating new value?
Mutually beneficial exchange
Denying enterprise the right to produce good money 
“Hayek put it: “The cause of waves of unemployment is not ‘capitalism’ but governments denying enterprise the right to produce good money.”19
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Excerpt From
The Bitcoin Standard
Saifedean Ammous
https://books.apple.com/us/book/the-bitcoin-standard/id1396764099
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Rigor vs Logic
Critique of modern day academics and scholars: too much folks on rigor, not enough focus on why it actually matters?