Posts
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?
Capital Time
The less time you waste, the wealthier you become? 
Also I wonder, is the word wealth associated to “well”?
Malinvestments
Bad, evil investments
Or in other words, I don’t trust anybody who doesn’t drive a Prius
Deprived of oxygen?
Debt is the opposite of saving
Debt is slavery, then saving is being a master?
Raising capital, the simple thought — the next generation should have more than the previous one?
Do not eat your seed crop
Money paradigm shift
We must decouple the idea that money is fiat currency US dollars. Instead, money is something else… 
True Entrepreneurs
“Those who confuse entrepreneurship and management close their eyes to the economic problem…. The capitalist system is not a managerial system; it is an entrepreneurial system.”
—Ludwig von Mises5”Excerpt From
The Bitcoin Standard
Saifedean Ammous
https://books.apple.com/us/book/the-bitcoin-standard/id1396764099
Unemployment & Dearth of Sound Money
I have a theory: perhaps the reason why unemployment is so high is that individuals are no longer tempted to work these meaningless jobs, in exchange for flaccid fiat currency. Once again note, now at McDonald’s, because the minimum wage in Los Angeles has been raised from $16 an hour to $20 an hour, overnight, Anyone with half a brain working at McDonald’s! This is insane!
Also, overnight, the price of goods and food has shot up! ample, a single burger patty at Shake shack only used to be $1.50, now, after the minimum wage hike, suddenly overnight, the purchasing power of my US dollar has become extremely devalued, a single burger patty is $2.50!!! This is an inflation of a dollar, overnight!!
This is bad news. Raising the minimum wage from $16 an hour to $20 an hour for fast food workers, is insane. Don’t these fools know that artificially increasing the minimum wage will eventually just make rent prices, housing prices, and all food prices, gas prices go up? 
“The cause of waves of unemployment is not ‘capitalism’ but governments denying enterprise the right to produce good money.”
—Friedrich Hayek”Excerpt From
The Bitcoin Standard
Saifedean Ammous
https://books.apple.com/us/book/the-bitcoin-standard/id1396764099
Keynes is Bad (John Maynard Keynes)
“See Michael Holroyd, Lytton Strachey: The New Biography, vol. I, p. 80, in which a letter sent by Keynes to his friend Lytton Strachey in the Bloomsbury set advised them to visit Tunis “where bed and boy were not expensive.” See also David Felix, Keynes: A Critical Life, p. 112, which quotes a letter from Keynes in which he informs a friend, “I’m leaving for Egypt … I just learned that ‘bed and boy’ is prepared.” In another letter, he recommended Strachey go to Tunis and Sicily “if you want to go to where the naked boys dance.”
Excerpt From
The Bitcoin Standard
Saifedean Ammous
https://books.apple.com/us/book/the-bitcoin-standard/id1396764099
“Keynes was a libertine hedonist who wasted most his adult life engaging in sexual relationships with children, including traveling around the Mediterranean to visit children’s brothels”
Excerpt From
The Bitcoin Standard
Saifedean Ammous
https://books.apple.com/us/book/the-bitcoin-standard/id1396764099
John Maynard Keynes was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. He lived from 1883 to 1946. Keynes is best known for his theory on the causes of prolonged unemployment, which he presented in his seminal work, The General Theory of Employment, Interest, and Money (1936). His theory, known as Keynesian economics, suggests that in the short run, especially during recessions, economic output is strongly influenced by aggregate demand (total spending in the economy).
Keynes advocated for increased government expenditures and lower taxes to stimulate demand and pull the global economy out of depression. His ideas have been widely used to justify economic intervention policies by governments and have influenced various aspects of modern macroeconomic policies, particularly regarding the role of government in stabilizing the economy over the business cycle.
Trump is Bad
I think when it comes down to it, Donald Trump was a pushover, allowing everyone to get a free $1000? 
BECOME THE BULL
The Chicago Bulls, bulls, bull market, bully, Lamborghini Bull
I’m a bull just like the hometown ! – Ye
What is Capitalism?
When can and when should one stop accumulating capital?
How does one accumulate capital? By saving it, conserving it, and stacking it —
Capitalism as an economic system based on capital accumulation from saving? 
“capitalism—an economic system based on capital accumulation from saving”
Excerpt From
The Bitcoin Standard
Saifedean Ammous
https://books.apple.com/us/book/the-bitcoin-standard/id1396764099
Now time preference
My overall critique of economist is that there are two focused on the future. The utility value of the future, saving for the future, whatever. Yet what a lot of these skinny fat anemic low muscle mass dweebs don’t know is how to live right now in the present moment?