They don’t beautify nor strengthen *YOU*—

I got the keys to all success!

Life is the antidote!

So I’ve never owned property in the traditional sense in my life. It is still kind of a strange and elusive concept for me.

For example, homeownership, is talented as some sort of desideratum, a thing to be desired.

So for example, I think like the baby boomer generation, the life goal of everybody was to own your own property? Like purchasing a single-family home, a plot of land etc.?

Land?

Even Cindy’s mom said it best, you don’t own the property, the government owns it. Even assuming that you buy a plot of land or property in all cash, you’re still going to pay around like 1%, 1.05% property taxes on it like forever.

Even if you buy a house which is like $1.4 million or something, I think that’s like $1250 a month Justin property taxes, and then after homeowners insurance and stuff, which could also be considered an additional non-direct tax, You might be looking at like $2000 a month, just in “taxes”. Just throw in another thousand dollars and you already have rent.

Why?

I thought this morning is in regards to the philosopher; what is a philosopher? A philosopher simply somebody who posits desideratum — what we should desire, what we should not desire.

 For example, under no circumstances should we desire slavery poverty and to be encumbered. On the contrary, what we should desire is freedom, power and control; consider the blissful authority and self sovereignty of the Spartans.

New Slaves?

See there’s leaders and there’s followers, but I’d rather be a dick than a swallower! – Ye

 the tricky thing with a lot of modern day life is that a lot of the stuff is actually self-imposed slavery. For example let us say that you buy the new BMW M3, yet you finance it, I think the original word for finance actually means ransom.

So let us say that you’re paying like $1450 a month, just for your car payment. To me this seems like the most insanely foolish financial decision of all time; if you simply pour that into bitcoin, and assuming that bitcoin is going to at least 100X from here, maybe even 1000x, then what that means is that the payments on your car, is like metaphorically paying $15,000, $150,000, or even $1.5 million a month!  

Future projections

If I could tell you with 100% certainty that in 21 years, bitcoin would be worth $100 million a coin, maybe even 105 million a coin, which means that assuming that bitcoin is around $100,000 today, that is like a 1000X gain 21 years from now.

Certainly it is possible you could die in a texting while driving accident today or tomorrow, but if you plan long-term —  if I told you that the money that you put in this thing today will yield 1000 X 21 years from now, and I could guarantee you with 100% certain that you would be alive healthy and well 21 years from now, wouldn’t you plan things differently and spend differently?

For example, that hundred dollars you put into that thing, could be worth $1000, $10,000, $100,000– or even $1M! If that were the case wouldn’t you plan things differently?

Once again, $100 today being worth $1M in 21 years, with 100% certainty ,,, wouldn’t you plan your life differently?

First, you would certainly be much more scrappy, frugal, and pursue a much more austere and critical and Spartan lifestyle today. Of course there are certain things you gotta do like feed yourself, pay rent etc., but beyond this… Even thinking about recurring subscriptions and services, that $20 a month you’re spending on Spotify, what if that after doing the math, would mean that you’re paying $200,000 a month for Spotify? Why don’t you just cancel that subscription and put that money into bitcoin instead?

Fractional property ownership

I think this is the big idea here; the general idea that you cannot buy a fraction of an apartment on fifth Avenue in New York. You cannot buy like a square meter of an apartment complex in Gangnam. You cannot buy like a third of a single-family house in Culver City.

I think this is where the early days of bitcoin is interesting; people have not yet understood the notion of a Satoshi; sooner or later, I think the name Satoshi will become more famous than the name of any other modern day celebrity. Why? He’s like the Jesus of money!

Ownership is a state of mind?

I think a big thing to consider is that ownership, self ownership, self sovereignty is more of a mindset than anything. Even when I’m staring at my bitcoin balance, and the value of my microstrategy MSTR stock, none of it really feels real… It’s almost like I’m living in some sort of cyber virtual video game, except it is real.  Not bad for a kid who grew up in poverty, mom going bankrupt twice, and dad gambling with the rent money to now at the age of 36, counting M’s.

The impetus to think long-term 

Once again, if I could tell you with 100% certainty that your investment today in bitcoin well thousand X 21 years now, aren’t you gonna do everything in your power to ensure that your health your physiology your sanity will be insanely robust 21 years from now? Would that also means that you’re probably not going to be engaging in degenerate activities today; Rather, it will probably encourage you to sober up, stop taking weird drugs, going to Coachella, wasting money on that new loser iPhone, that new loser Tesla cyber truck Lamborghini Ferrari whatever.

I think you will also become more critical about how you spend money. And how do you spend your life!

Also, I almost wonder if this one encourage more people to have kids; because you cannot be with your bitcoin dance to your dog; but bitcoin will last forever; you could give it to your kids kids kids kids kids, for when your kids kids kids have kids! 

the $1m iPhone 

A simple way to think about it is $1000 today is $1,000,000 21 years from now. 

So if that is the case, the smart strategy is to just hoard the cheapest iPhone, the iPhone SE, forever or however long you can.

The $100M Cybertruck

Assuming that a cyber truck is like $100,000, that means that your cyber stuck  will cost you $100 million in 21 years.

I’m like 1000% Elon and Tesla, but still… The entrepreneur and innovator in me think more critically about this;

Better to CYBERTRUCK your body than to just buy it.

Also, the big issue here is that with a Tesla car, you never really own it, the same goes with any other vehicle; because ultimately you’re going to have to pay Insurance, maintenance, gasoline, stuff on it… What that then means is that you never own it in theory; You’re kind of just metaphorically leasing it. 

I’ll give you an example with Tesla; as long as that you have to use their proprietary software, you visit the local supercharging network etc., you’re still tied to Tesla the infrastructure forever.  and also if you need to get any repairs done, you’re going to be married to Tesla for the rest of your life.

Another big thought I had was you never really own an iPhone; you’re just kind of leasing it; why? Now that we are all married to the iCloud system, forever, you’re kind of just paying some sort of like revolving increasing expensive iPhone thing, to ever feed your iCloud subscription?

So you never really own an iPhone a Tesla, even a Ferrari or a Lamborghini or Porsche or whatever, the primary issue here is like let us say that you had to pay $1000 a month in insurance for the car, you have to maintain the car, replace the tires, do oil change etc., this could be seen as an indirect tax. 

Stop the bleeding!

Let us see that you have a healthy four-year-old boy, full of bigger energy and happiness, but let us say that you siphon off a little bit of his blood every single day for the rest of his life. What is going to happen to his growth ability? Probably not good.

Economic vampires

I think I figured out fashion; all this marketing advertising magazines etc. is designed to make you feel shameful about your body, and how do we alleviate this? We cover up the ugliness of our body with other ugly expensive clothes, all produced in China or Vietnam, which is like a 98% markup on the actual clothes.

And this is the thing also with cars, we all have ugly weak unimpressive bodies, and we hide behind avail of our luxury vehicles, because we are ashamed of ourselves.

You’ll see this with people who try to look antisocial but at the same time, with their 5% tennis sunglasses, or they’re fully tinted automobile cars, or with their baggy loose fitting clothes.

It seems that the whole trend right now is that everyone for this weird, emo alien look? Balenciaga in the flesh?

Bitcoin is beautiful

What is the most beautiful thing on the planet? Or the known universe of humans?

Bitcoin!

Why?

First, note how it is kind of like the ultimate perfected Zen and property. There is really no problems with it.

It’s like if Steve Jobs came out with her first iPhone, and he said that this would be how the iPhone would look forever, kind of the same thing.

I think the reason why you should put zero faith in any other tokens or things which are not bitcoin is that they are all like the old versions of the Microsoft android phone, not worth anything, and they are simply supported by fake notions of value, hyped up by crypto influencers (side note– whenever you hear the word crypto, be very very wary). It is Bitcoin not crypto.

the Immaculate conception of bitcoin

I think what is so shocking and interesting about bitcoin is that it only ever had a version .01, and has not been messed with since.

Compare this and contrast with all these other version twos of Ethereum and all these other loser copycats.

Why does this all matter?

If I could tell you that this was like Apple in the 1980s, or the early days of Apple Amazon Facebook Google, and you could invest in right now, and it will become the most valuable thing on the planet, wouldn’t you want a piece of the pie?

Infinite pie

The double funny thing about bitcoin;

in some ways it is infinite, but in some ways it is limited.

For example, any human on the planet could purchase a single Satoshi, I think like it is only .001 cents to purchase a Satoshi.

In fact, my personal thought is if you really want to give somebody a meaningful present or tip somebody, just zap them a few Satoshi’s.

Or, let us say that your sibling has a child or a kid, I would actually say the most meaningful gift you give them is a single bitcoin. If and when my sister has a kid, I’m going to gift the kid a bitcoin.

The new family Empire

So we’re still stuck in thinking about US dollars, like the question is always, how much is a single bitcoin worth right now? No. The more intelligent way to think about it is how many bitcoins do I currently own, and how much will it cost for me to acquire more bitcoins? 

Increasing your bitcoin yield

So the goal is to acquire and accumulate as many bitcoins as you can in this life, and to never spend it.

So for example, it is always a good idea to buy Manhattan or cyber Manhattan. If over the last 300 years, your family was able to get fractional ownership of Manhattan, if that is the case, then, it is always a good idea to buy Manhattan.

Why is so difficult to think about property and manage property

In some ways, property is just kind of a metaphor, kind of like a philosophical thing. It doesn’t really exist in the traditional sense, of course, plot of land is considered property. Yet when the Native Americans lived here, ain’t nobody ever took out a tape measure, measured the square footage of a plot of land, put a stick in the ground, and suddenly declare to the universe “I own this 5000 ft.² of land?”

Bitcoin is also fascinating because assuming that cyber space is more valuable than physical space, I think it is, assuming that the Internet is also more valuable than physical property, if that is the case… To be able to own a piece of cyberspace, is actually a very big idea. 

Nobody is anti-bitcoin

This is also another idea, all the other crypto assets are essentially pegged to the bitcoin. Even Ethereum, read the original white paper by Vitelic, he essentially was trying to “fix”, bitcoin, even though there was nothing needing to be fixed.

So always be wary when somebody shows up to the party, and trying to fix something that isn’t even broken in the first place. This is why in general, anybody who tries to “optimize” something that is already working, … like a Doctor Who tries to prescribe blood thinners or cholesterol lowering medication to your healthy four-year-old, be very skeptical.

who profits from what?

So this is a tricky thing, the ethics and the motivation behind it all. For example, somebody once asked me, is Michael Saylor ethical or unethical for promoting bitcoin, given the fact that he himself and his entity micro strategy owns a lot of it?

 I would actually say it is 100% ethical for Michael sailor to promote bitcoin. Why? It’s almost like trying to encourage people to use the Internet, and saying that the Internet is good for the planet. In which it obviously is.

 if anything what is actually super fascinating is that I’ve watched almost like four years of Michael sailor interviews, like nearly 100 of them, and for the first four years, he never once  even mentions his company micro strategy. And what is very ethical is the whole time he is talking about the magnificent seven, like Apple Amazon Facebook and the like. 

In fact, it almost took me like six months before I even figured out what micro strategy was.

Anyways, it is always a good idea to follow somebody who never promotes themselves or their company, but rather, the asset behind it all. Which is bitcoin.

For example, it’s like me going out and telling people that digital photography is superior to film photography or vice versa and the like. Or more like me encouraging people to open source their photos their information etc., I’m promoting a protocol and an idea.

Or for example, if I encourage people to start intermittent fasting, to stop drinking alcohol and marijuana, for people to become more frugal, for people to unsubscribe to subscriptions, what is unethical about this?

Or if I encourage people to purchase beef ribs at Costco, I don’t really have anything to gain from this.

Follow the money?

So currently speaking, real estate is traditionally the way that a lot of people get rich. For example if your a great great grandfather once bought an acre of land in San Francisco for like five acorns and two donkeys, that family assuming they did not do anything stupid would probably be insanely rich. 

Who encourages us to purchase single-family homes? Banks, real estate brokers etc. Why? By propping up this American dream of home ownership, they themselves get rich off of it.

Compare this instead to an asset like bitcoin; there is nobody who controls bitcoin, Satoshi said toodaloo, and disappeared forever. Kind of like the immaculate Assumption back into heaven.

Everyone else is this spokesperson for their token or thing; Vitalik for Ethereum, Sergey for Chainlink, the scam artist who are proposing ADA Cardano (this one is really the biggest scam), even Elon Musk trolling Dogecoin.

Only trust things or assets without an issuer.

For example, even apple, kind of a bearish future ahead of them, assuming they don’t integrate bitcoin into their ecosystem. Why? Even though Apple keeps pumping money into their Apple TV+, nobody really wants it or cares for it. And even at this point, nobody really wants the new iPhone, or the new iPhone Pro, they simply upgraded because they feel expected to; they have been holding off for so long like two or three years, their old phone is getting super slow, or they run out of storage, so they simply upgrade not because they want to but because they must!

ain’t no Tesla car going to last year 21 years

Even now, I feel bad for all of the early adopters or even the middle adopters of Tesla cars, your car is getting outdated like every year or two. And once the cyber taxi comes out, you’re going to be kicking yourself in the butt.

I have like almost 100% certainty that my 2010 Prius will still be operable 21 years from now. Also my great joy is that I do all the oil changes with myself and Seneca, 100% full synthetic mobile one, K&N performance oil filters etc.

Even a random thing, the paint on it is actually still really good! I recently ordered some chemical guys detailing spray on Amazon, for only like 11 bucks, and now the car is so insanely and beautifully shiny! And I also assume that because it is more slick and slippery, what that then means is that it will repel more dirt and Moisture and water from it?

Things that last things which don’t

Even if you purchased the best 3M matte black vinyl wrap for your vehicle, it probably won’t last you for more than five years. Sooner or later it’s going to degrade, especially if you live in Sunny Los Angeles, the sun is so strong here.

Why is it so difficult for people to invest and think about things in the long-term?

I think maybe it is because people consume too much media and advertising.

Even for myself, I don’t really like the bitcoin community on the Internet because I think they lack a lot. I’m more interested in philosophy, Spartan and ancient Greek aesthetics, weightlifting and the like.

Even my pride is for so long, I never once listened to or read anything else by a crypto or bitcoin influencer or thought leader; in the early days, essentially all my thoughts were just my own; I first purchased bitcoin for $7000 a coin back in 2018 I think.

And I was looking back at my purchase history, I’ve actually been very very consistent in purchasing bitcoin, the highs and lows and the mids, and even when I was purchasing bitcoin in the low 70s, at the time it seemed like a losing bed because bitcoin would keep dipping back into the low 60s and 59, And then, I don’t know where after the Trump victory, bitcoin skyrocketing to above $88,000 coin, and essentially hitting $100,000 a coin. And I’m almost like 1000% certain that by the time that Trump takes office January 20, 2025… Bitcoin will be far higher than than it is today. 

And also, with the Cynthia Lummis bill, the bitcoin act in which she will swap cold notes for bitcoin, and when that steak and dagger is inserted into the coffin, the value of bitcoin will explode! And then you’ll start seeing a huge race of nations trying to accumulate her bitcoin stock piles.

Bitcoin is cyber security

So what is another interesting idea is that essentially bitcoin is like solid solidified cyber Security. Future warfare will not be bombs and missiles it will all be cyber attack. Even right now, Apple pays big bucks for cyber security penetration testing; even apparently right now Gmail is getting attempted to be hacked like 1,000,000,000,000× a second, so cyber security is certainly maybe the most valuable thing on the planet. And even your checking bank account, that is all cyber security. Even though we hate the banks, it is still impressive that if you have a certain amount of field currency in your checking account, how it is almost 100% guaranteed to remain there.

You could send Messages via bitcoin

Let us say that you have a certain message or will or Testament or some sort of really really critical information, that you need to have conveyed to the next party, the bitcoin network is the way. You cannot stop it, even if you had 1000 quantum computers trying to stop you.

So currently, the way that the world operates is through TCIP, POP,  email and the Internet. I think people don’t understand yet, the bitcoin is not just cyber money in capital, it is something greater and even more beyond!

Where money and capital collide 

So currently you could get a Coinbase debit Visa card in which you go to Costco and you could just use your bitcoin or crypto balance to pay for groceries. I did this once with chain-link, and it was really fascinating, like free money!

Anyways, ultimately it is best to just never spend your bitcoin, because the value is going to go up forever. It’s like probably not a good idea to sell an eighth of your apartment building on fifth Avenue, to buy a two bitcoin Lamborghini, or whatever.

But in theory, you could. And also… Like cash, bitcoin is cash, and also capital… You could just zap somebody $100,000 worth of bitcoin, and the final settlement will just take a few minutes, rather than the tedious process of having to go through a bank, and a trusted intermediary.

For example, do you know how difficult it is to just wire $1 million into somebody else’s bank account? Or try 100 million? Or 1 billion?

With bitcoin you can!

the best gift this holiday season

Once again a big disruptive idea… Rather than trying to buy your friends families and yourself these mediocre polyester clothes, just buy them bitcoin or yourself bitcoin! Just download and install Coinbase, or if you have the cash app you could just buy bitcoin there! 20 bucks 50 bucks 100 bucks, whatever.

Even think about it… Let us say that that $20 sandwich, will 1000x from here, $20,000 sandwich –?

So imagine if just for somebody’s birthday or something, you just give them like $50 worth of bitcoin, that is like you’re giving them a $50,000 gift? Pretty cool.

Bitcoin for kids

Seneca is about to turn four, and he already knows what bitcoin is. Whenever he sees a graph, or he immediately says bitcoin!

If a four-year-old child understands what bitcoin is, could recognize the logo, and pronounce it easily, very good sign.

I would not be surprised if in the future, Vegas and casinos in the lake will also give you the opportunity to gamble bitcoin. Can you imagine going to a high roller roulette bar, and pledging like 10 bitcoins on a spin?

Or, maybe instead of buying your wife that overpriced diamond ring, you gift her a bitcoin instead?

Bitcoin jewelry?

I have another funny idea, what if you became like a bitcoin jeweler, and I would give you a patch or a bitcoin ring or a bitcoin earring or bracelet, for every bitcoin you own?

What is funny is that actually in today’s world, when you have these expensive vehicles, in some ways you’re kind of parading your net worth.

For example, if you drive a cyber truck, you’re essentially telling the world that you could afford $100,000 on a vehicle.

Or if you drive a Lamborghini or Ferrari or a Porsche 911 GT 3RS, that you could afford 250,000, 500,000, million dollars on a vehicle.

But this is a weird thought; do you really want people to know how rich you are? If you’re really smart, no.

Why? If people really knew how rich you were, certainly they would try to rob you or ransom you.

And this is actually where it is so courageous that Michael Saylor publicly disclosed how many bitcoins he owns, because this actually does put his life in danger, any thug on the street with a gun, who knows that he lives in Miami Beach, could try to rob him of his bitcoins.

And this is why Satoshi will never really reveal himself, because, his net worth is probably more valuable than even Elon Musk, I think in the next decade you will see Satoshi or his bitcoin wallet be worth than most nation states, certainly making him the richest person on the planet.

But if anyone really hundred percent figured out who said who she would be, he would be in peril.

Deduction

She is probably a single dude, without kids or family, kind of like a monk, or maybe like John Wick?

Is John Wick Satoshi?

ERIC

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EK INFORMATION SUPPLY

Introduction to bitcoin free open source workshop, December 14, 2024 — Register here for free

so this open source introduction to bitcoin workshop I’m super excited and pumped for. Why? It’s going to be a synthesis of everything I know and understand and love about bitcoin.

For those skeptical or suspicious, come on… It’s free and open source, you don’t really have anything to lose.

Kind of the impetus behind it is that I’m like inviting everyone I know, even my mom is inviting her friends on kakao talk!

Essentially I do not know any human being on the planet who does not want to improve his or her financial condition, and or your family.

Money finances and prosperity, isn’t this something we all care for?

things to be grateful for

Thanksgiving is giving thanks, giving thanks to being alive, being the full for even waking up this morning! Being grateful for not having the stomach flu, be grateful for the sun etc.

Being grateful for your family member is still alive, being grateful for love!

I’m grateful for you!

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Now what?

Some simple action items:

1. Start buying bitcoin on Coinbase or the cash app, whatever is simpler and easier for you
2. I would actually encourage you not to buy gifts for friends and families, just gift them and zap them with bitcoin instead
3. If you want to learn more about bitcoin the best is to just go to michael.com or hope.com
4. Ultimately even though microstrategy MSTR outperforms bitcoin, 120% ARR, compared to the 60% ARR of bitcoin, ultimately the bitcoin is the goal, not the microstrategy stock even though in US dollars the value of MSTE explodes a lot more. A very very simple strategy I have is purchase microstrategy stock, mstr, and ride it up, and when you make a profit, sell some stock and use that to buy bitcoin. For example, if you own like $150,000 worth of micro strategy stock, and it goes up to $200,000, sell $50,000 worth the stock, and funnel that money and use it to purchase more bitcoin. I call this double profit double dipping.
5. Just think critically about the philosophy behind it all; once you’re worth $2 million, 3 million, 4 million 5 million, 10 million, $100m, $1B, $10B, really matter? Assuming that you’re going to still remain to live a frugal Spartan lifestyle? Because once again… The big idea; the true capitalist only cares to stack capital and bitcoin, not to buy silly things.

ERIC

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Getting back on Twitter, X

Twitter and social media is a double edge sword, but in terms of critical financial information, I think the only one human worth following is @saylor — Michael Saylor.

It is probably the best place on the planet to get any sort of critical information about bitcoin and or micro strategy stock.

100% all in. 150% all in?

ERIC

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Bitcoin by KIM >

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If you multiply 1,300 by $1,000,000, the calculation is:

So, the result is $1.3 billion.

197 million shares — $507,624 per share —!

$388 a share to $507,000 a share —

130,000% gain how much X

1,301x?!?!?

To calculate how many times (X) a gain of 130,000% represents, you can use this formula:

For 130,000%:

So a 130,000% gain is equivalent to 1,301 times (X) the original amount.

As of November 28, 2024, MicroStrategy Incorporated (MSTR) shares are trading at approximately $388.84. If the company’s total market capitalization were to reach $100 trillion, each share would be valued at approximately $507,614.21. This represents an increase of about 130,500% from the current share price.

---

As of November 2024, MicroStrategy Incorporated (MSTR) has approximately 197 million shares outstanding. If the company’s total market capitalization is $100 trillion, the price per share would be calculated by dividing the total market value by the number of shares outstanding:

Therefore, each share would be valued at approximately $507,614.21.

$MSTR is a credit default swap on $100+ trillion in 20th-century assets.

Next year is going to be insane —!

The funny irony is I think most people don’t; otherwise they would just put 100% of their money into bitcoin and or microstrategy?

The best way is to just share their most recent presentation, their most recent slides, their most recent podcast interview etc. or their most recent book or articles.

More volatile means less risk?

Microstrategy might be the most volatile stock on the planet, but it actually might be the least risky.

I would actually make the argument that Tesla is far more risky, as well as Nvidia. Why? Tesla is still bound by the laws of physics, producing battery packs and cars, and the AI business is also a very risky business. Bitcoin is very very volatile but very very low risk. Because it’s essentially gonna go up forever with high volatility

So I’ve never owned property in the traditional sense in my life. It is still kind of a strange and elusive concept for me.

For example, homeownership, is talented as some sort of desideratum, a thing to be desired.

So for example, I think like the baby boomer generation, the life goal of everybody was to own your own property? Like purchasing a single-family home, a plot of land etc.?

Land?

Even Cindy’s mom said it best, you don’t own the property, the government owns it. Even assuming that you buy a plot of land or property in all cash, you’re still going to pay around like 1%, 1.05% property taxes on it like forever.

Even if you buy a house which is like $1.4 million or something, I think that’s like $1250 a month Justin property taxes, and then after homeowners insurance and stuff, which could also be considered an additional non-direct tax, You might be looking at like $2000 a month, just in “taxes”. Just throw in another thousand dollars and you already have rent.

Why?

I thought this morning is in regards to the philosopher; what is a philosopher? A philosopher simply somebody who posits desideratum — what we should desire, what we should not desire.

 For example, under no circumstances should we desire slavery poverty and to be encumbered. On the contrary, what we should desire is freedom, power and control; consider the blissful authority and self sovereignty of the Spartans.

New Slaves?

See there’s leaders and there’s followers, but I’d rather be a dick than a swallower! – Ye

 the tricky thing with a lot of modern day life is that a lot of the stuff is actually self-imposed slavery. For example let us say that you buy the new BMW M3, yet you finance it, I think the original word for finance actually means ransom.

So let us say that you’re paying like $1450 a month, just for your car payment. To me this seems like the most insanely foolish financial decision of all time; if you simply pour that into bitcoin, and assuming that bitcoin is going to at least 100X from here, maybe even 1000x, then what that means is that the payments on your car, is like metaphorically paying $15,000, $150,000, or even $1.5 million a month!  

Future projections

If I could tell you with 100% certainty that in 21 years, bitcoin would be worth $100 million a coin, maybe even 105 million a coin, which means that assuming that bitcoin is around $100,000 today, that is like a 1000X gain 21 years from now.

Certainly it is possible you could die in a texting while driving accident today or tomorrow, but if you plan long-term —  if I told you that the money that you put in this thing today will yield 1000 X 21 years from now, and I could guarantee you with 100% certain that you would be alive healthy and well 21 years from now, wouldn’t you plan things differently and spend differently?

For example, that hundred dollars you put into that thing, could be worth $1000, $10,000, $100,000– or even $1M! If that were the case wouldn’t you plan things differently?

Once again, $100 today being worth $1M in 21 years, with 100% certainty ,,, wouldn’t you plan your life differently?

First, you would certainly be much more scrappy, frugal, and pursue a much more austere and critical and Spartan lifestyle today. Of course there are certain things you gotta do like feed yourself, pay rent etc., but beyond this… Even thinking about recurring subscriptions and services, that $20 a month you’re spending on Spotify, what if that after doing the math, would mean that you’re paying $200,000 a month for Spotify? Why don’t you just cancel that subscription and put that money into bitcoin instead?

Fractional property ownership

I think this is the big idea here; the general idea that you cannot buy a fraction of an apartment on fifth Avenue in New York. You cannot buy like a square meter of an apartment complex in Gangnam. You cannot buy like a third of a single-family house in Culver City.

I think this is where the early days of bitcoin is interesting; people have not yet understood the notion of a Satoshi; sooner or later, I think the name Satoshi will become more famous than the name of any other modern day celebrity. Why? He’s like the Jesus of money!

Ownership is a state of mind?

I think a big thing to consider is that ownership, self ownership, self sovereignty is more of a mindset than anything. Even when I’m staring at my bitcoin balance, and the value of my microstrategy MSTR stock, none of it really feels real… It’s almost like I’m living in some sort of cyber virtual video game, except it is real.  Not bad for a kid who grew up in poverty, mom going bankrupt twice, and dad gambling with the rent money to now at the age of 36, counting M’s.

The impetus to think long-term 

Once again, if I could tell you with 100% certainty that your investment today in bitcoin well thousand X 21 years now, aren’t you gonna do everything in your power to ensure that your health your physiology your sanity will be insanely robust 21 years from now? Would that also means that you’re probably not going to be engaging in degenerate activities today; Rather, it will probably encourage you to sober up, stop taking weird drugs, going to Coachella, wasting money on that new loser iPhone, that new loser Tesla cyber truck Lamborghini Ferrari whatever.

I think you will also become more critical about how you spend money. And how do you spend your life!

Also, I almost wonder if this one encourage more people to have kids; because you cannot be with your bitcoin dance to your dog; but bitcoin will last forever; you could give it to your kids kids kids kids kids, for when your kids kids kids have kids! 

the $1m iPhone 

A simple way to think about it is $1000 today is $1,000,000 21 years from now. 

So if that is the case, the smart strategy is to just hoard the cheapest iPhone, the iPhone SE, forever or however long you can.

The $100M Cybertruck

Assuming that a cyber truck is like $100,000, that means that your cyber stuck  will cost you $100 million in 21 years.

I’m like 1000% Elon and Tesla, but still… The entrepreneur and innovator in me think more critically about this;

Better to CYBERTRUCK your body than to just buy it.

Also, the big issue here is that with a Tesla car, you never really own it, the same goes with any other vehicle; because ultimately you’re going to have to pay Insurance, maintenance, gasoline, stuff on it… What that then means is that you never own it in theory; You’re kind of just metaphorically leasing it. 

I’ll give you an example with Tesla; as long as that you have to use their proprietary software, you visit the local supercharging network etc., you’re still tied to Tesla the infrastructure forever.  and also if you need to get any repairs done, you’re going to be married to Tesla for the rest of your life.

Another big thought I had was you never really own an iPhone; you’re just kind of leasing it; why? Now that we are all married to the iCloud system, forever, you’re kind of just paying some sort of like revolving increasing expensive iPhone thing, to ever feed your iCloud subscription?

So you never really own an iPhone a Tesla, even a Ferrari or a Lamborghini or Porsche or whatever, the primary issue here is like let us say that you had to pay $1000 a month in insurance for the car, you have to maintain the car, replace the tires, do oil change etc., this could be seen as an indirect tax. 

Stop the bleeding!

Let us see that you have a healthy four-year-old boy, full of bigger energy and happiness, but let us say that you siphon off a little bit of his blood every single day for the rest of his life. What is going to happen to his growth ability? Probably not good.

Economic vampires

I think I figured out fashion; all this marketing advertising magazines etc. is designed to make you feel shameful about your body, and how do we alleviate this? We cover up the ugliness of our body with other ugly expensive clothes, all produced in China or Vietnam, which is like a 98% markup on the actual clothes.

And this is the thing also with cars, we all have ugly weak unimpressive bodies, and we hide behind avail of our luxury vehicles, because we are ashamed of ourselves.

You’ll see this with people who try to look antisocial but at the same time, with their 5% tennis sunglasses, or they’re fully tinted automobile cars, or with their baggy loose fitting clothes.

It seems that the whole trend right now is that everyone for this weird, emo alien look? Balenciaga in the flesh?

Bitcoin is beautiful

What is the most beautiful thing on the planet? Or the known universe of humans?

Bitcoin!

Why?

First, note how it is kind of like the ultimate perfected Zen and property. There is really no problems with it.

It’s like if Steve Jobs came out with her first iPhone, and he said that this would be how the iPhone would look forever, kind of the same thing.

I think the reason why you should put zero faith in any other tokens or things which are not bitcoin is that they are all like the old versions of the Microsoft android phone, not worth anything, and they are simply supported by fake notions of value, hyped up by crypto influencers (side note– whenever you hear the word crypto, be very very wary). It is Bitcoin not crypto.

the Immaculate conception of bitcoin

I think what is so shocking and interesting about bitcoin is that it only ever had a version .01, and has not been messed with since.

Compare this and contrast with all these other version twos of Ethereum and all these other loser copycats.

Why does this all matter?

If I could tell you that this was like Apple in the 1980s, or the early days of Apple Amazon Facebook Google, and you could invest in right now, and it will become the most valuable thing on the planet, wouldn’t you want a piece of the pie?

Infinite pie

The double funny thing about bitcoin;

in some ways it is infinite, but in some ways it is limited.

For example, any human on the planet could purchase a single Satoshi, I think like it is only .001 cents to purchase a Satoshi.

In fact, my personal thought is if you really want to give somebody a meaningful present or tip somebody, just zap them a few Satoshi’s.

Or, let us say that your sibling has a child or a kid, I would actually say the most meaningful gift you give them is a single bitcoin. If and when my sister has a kid, I’m going to gift the kid a bitcoin.

The new family Empire

So we’re still stuck in thinking about US dollars, like the question is always, how much is a single bitcoin worth right now? No. The more intelligent way to think about it is how many bitcoins do I currently own, and how much will it cost for me to acquire more bitcoins? 

Increasing your bitcoin yield

So the goal is to acquire and accumulate as many bitcoins as you can in this life, and to never spend it.

So for example, it is always a good idea to buy Manhattan or cyber Manhattan. If over the last 300 years, your family was able to get fractional ownership of Manhattan, if that is the case, then, it is always a good idea to buy Manhattan.

Why is so difficult to think about property and manage property

In some ways, property is just kind of a metaphor, kind of like a philosophical thing. It doesn’t really exist in the traditional sense, of course, plot of land is considered property. Yet when the Native Americans lived here, ain’t nobody ever took out a tape measure, measured the square footage of a plot of land, put a stick in the ground, and suddenly declare to the universe “I own this 5000 ft.² of land?”

Bitcoin is also fascinating because assuming that cyber space is more valuable than physical space, I think it is, assuming that the Internet is also more valuable than physical property, if that is the case… To be able to own a piece of cyberspace, is actually a very big idea. 

Nobody is anti-bitcoin

This is also another idea, all the other crypto assets are essentially pegged to the bitcoin. Even Ethereum, read the original white paper by Vitelic, he essentially was trying to “fix”, bitcoin, even though there was nothing needing to be fixed.

So always be wary when somebody shows up to the party, and trying to fix something that isn’t even broken in the first place. This is why in general, anybody who tries to “optimize” something that is already working, … like a Doctor Who tries to prescribe blood thinners or cholesterol lowering medication to your healthy four-year-old, be very skeptical.

who profits from what?

So this is a tricky thing, the ethics and the motivation behind it all. For example, somebody once asked me, is Michael Saylor ethical or unethical for promoting bitcoin, given the fact that he himself and his entity micro strategy owns a lot of it?

 I would actually say it is 100% ethical for Michael sailor to promote bitcoin. Why? It’s almost like trying to encourage people to use the Internet, and saying that the Internet is good for the planet. In which it obviously is.

 if anything what is actually super fascinating is that I’ve watched almost like four years of Michael sailor interviews, like nearly 100 of them, and for the first four years, he never once  even mentions his company micro strategy. And what is very ethical is the whole time he is talking about the magnificent seven, like Apple Amazon Facebook and the like. 

In fact, it almost took me like six months before I even figured out what micro strategy was.

Anyways, it is always a good idea to follow somebody who never promotes themselves or their company, but rather, the asset behind it all. Which is bitcoin.

For example, it’s like me going out and telling people that digital photography is superior to film photography or vice versa and the like. Or more like me encouraging people to open source their photos their information etc., I’m promoting a protocol and an idea.

Or for example, if I encourage people to start intermittent fasting, to stop drinking alcohol and marijuana, for people to become more frugal, for people to unsubscribe to subscriptions, what is unethical about this?

Or if I encourage people to purchase beef ribs at Costco, I don’t really have anything to gain from this.

Follow the money?

So currently speaking, real estate is traditionally the way that a lot of people get rich. For example if your a great great grandfather once bought an acre of land in San Francisco for like five acorns and two donkeys, that family assuming they did not do anything stupid would probably be insanely rich. 

Who encourages us to purchase single-family homes? Banks, real estate brokers etc. Why? By propping up this American dream of home ownership, they themselves get rich off of it.

Compare this instead to an asset like bitcoin; there is nobody who controls bitcoin, Satoshi said toodaloo, and disappeared forever. Kind of like the immaculate Assumption back into heaven.

Everyone else is this spokesperson for their token or thing; Vitalik for Ethereum, Sergey for Chainlink, the scam artist who are proposing ADA Cardano (this one is really the biggest scam), even Elon Musk trolling Dogecoin.

Only trust things or assets without an issuer.

For example, even apple, kind of a bearish future ahead of them, assuming they don’t integrate bitcoin into their ecosystem. Why? Even though Apple keeps pumping money into their Apple TV+, nobody really wants it or cares for it. And even at this point, nobody really wants the new iPhone, or the new iPhone Pro, they simply upgraded because they feel expected to; they have been holding off for so long like two or three years, their old phone is getting super slow, or they run out of storage, so they simply upgrade not because they want to but because they must!

ain’t no Tesla car going to last year 21 years

Even now, I feel bad for all of the early adopters or even the middle adopters of Tesla cars, your car is getting outdated like every year or two. And once the cyber taxi comes out, you’re going to be kicking yourself in the butt.

I have like almost 100% certainty that my 2010 Prius will still be operable 21 years from now. Also my great joy is that I do all the oil changes with myself and Seneca, 100% full synthetic mobile one, K&N performance oil filters etc.

Even a random thing, the paint on it is actually still really good! I recently ordered some chemical guys detailing spray on Amazon, for only like 11 bucks, and now the car is so insanely and beautifully shiny! And I also assume that because it is more slick and slippery, what that then means is that it will repel more dirt and Moisture and water from it?

Things that last things which don’t

Even if you purchased the best 3M matte black vinyl wrap for your vehicle, it probably won’t last you for more than five years. Sooner or later it’s going to degrade, especially if you live in Sunny Los Angeles, the sun is so strong here.

Why is it so difficult for people to invest and think about things in the long-term?

I think maybe it is because people consume too much media and advertising.

Even for myself, I don’t really like the bitcoin community on the Internet because I think they lack a lot. I’m more interested in philosophy, Spartan and ancient Greek aesthetics, weightlifting and the like.

Even my pride is for so long, I never once listened to or read anything else by a crypto or bitcoin influencer or thought leader; in the early days, essentially all my thoughts were just my own; I first purchased bitcoin for $7000 a coin back in 2018 I think.

And I was looking back at my purchase history, I’ve actually been very very consistent in purchasing bitcoin, the highs and lows and the mids, and even when I was purchasing bitcoin in the low 70s, at the time it seemed like a losing bed because bitcoin would keep dipping back into the low 60s and 59, And then, I don’t know where after the Trump victory, bitcoin skyrocketing to above $88,000 coin, and essentially hitting $100,000 a coin. And I’m almost like 1000% certain that by the time that Trump takes office January 20, 2025… Bitcoin will be far higher than than it is today. 

And also, with the Cynthia Lummis bill, the bitcoin act in which she will swap cold notes for bitcoin, and when that steak and dagger is inserted into the coffin, the value of bitcoin will explode! And then you’ll start seeing a huge race of nations trying to accumulate her bitcoin stock piles.

Bitcoin is cyber security

So what is another interesting idea is that essentially bitcoin is like solid solidified cyber Security. Future warfare will not be bombs and missiles it will all be cyber attack. Even right now, Apple pays big bucks for cyber security penetration testing; even apparently right now Gmail is getting attempted to be hacked like 1,000,000,000,000× a second, so cyber security is certainly maybe the most valuable thing on the planet. And even your checking bank account, that is all cyber security. Even though we hate the banks, it is still impressive that if you have a certain amount of field currency in your checking account, how it is almost 100% guaranteed to remain there.

You could send Messages via bitcoin

Let us say that you have a certain message or will or Testament or some sort of really really critical information, that you need to have conveyed to the next party, the bitcoin network is the way. You cannot stop it, even if you had 1000 quantum computers trying to stop you.

So currently, the way that the world operates is through TCIP, POP,  email and the Internet. I think people don’t understand yet, the bitcoin is not just cyber money in capital, it is something greater and even more beyond!

Where money and capital collide 

So currently you could get a Coinbase debit Visa card in which you go to Costco and you could just use your bitcoin or crypto balance to pay for groceries. I did this once with chain-link, and it was really fascinating, like free money!

Anyways, ultimately it is best to just never spend your bitcoin, because the value is going to go up forever. It’s like probably not a good idea to sell an eighth of your apartment building on fifth Avenue, to buy a two bitcoin Lamborghini, or whatever.

But in theory, you could. And also… Like cash, bitcoin is cash, and also capital… You could just zap somebody $100,000 worth of bitcoin, and the final settlement will just take a few minutes, rather than the tedious process of having to go through a bank, and a trusted intermediary.

For example, do you know how difficult it is to just wire $1 million into somebody else’s bank account? Or try 100 million? Or 1 billion?

With bitcoin you can!

the best gift this holiday season

Once again a big disruptive idea… Rather than trying to buy your friends families and yourself these mediocre polyester clothes, just buy them bitcoin or yourself bitcoin! Just download and install Coinbase, or if you have the cash app you could just buy bitcoin there! 20 bucks 50 bucks 100 bucks, whatever.

Even think about it… Let us say that that $20 sandwich, will 1000x from here, $20,000 sandwich –?

So imagine if just for somebody’s birthday or something, you just give them like $50 worth of bitcoin, that is like you’re giving them a $50,000 gift? Pretty cool.

Bitcoin for kids

Seneca is about to turn four, and he already knows what bitcoin is. Whenever he sees a graph, or he immediately says bitcoin!

If a four-year-old child understands what bitcoin is, could recognize the logo, and pronounce it easily, very good sign.

I would not be surprised if in the future, Vegas and casinos in the lake will also give you the opportunity to gamble bitcoin. Can you imagine going to a high roller roulette bar, and pledging like 10 bitcoins on a spin?

Or, maybe instead of buying your wife that overpriced diamond ring, you gift her a bitcoin instead?

Bitcoin jewelry?

I have another funny idea, what if you became like a bitcoin jeweler, and I would give you a patch or a bitcoin ring or a bitcoin earring or bracelet, for every bitcoin you own?

What is funny is that actually in today’s world, when you have these expensive vehicles, in some ways you’re kind of parading your net worth.

For example, if you drive a cyber truck, you’re essentially telling the world that you could afford $100,000 on a vehicle.

Or if you drive a Lamborghini or Ferrari or a Porsche 911 GT 3RS, that you could afford 250,000, 500,000, million dollars on a vehicle.

But this is a weird thought; do you really want people to know how rich you are? If you’re really smart, no.

Why? If people really knew how rich you were, certainly they would try to rob you or ransom you.

And this is actually where it is so courageous that Michael Saylor publicly disclosed how many bitcoins he owns, because this actually does put his life in danger, any thug on the street with a gun, who knows that he lives in Miami Beach, could try to rob him of his bitcoins.

And this is why Satoshi will never really reveal himself, because, his net worth is probably more valuable than even Elon Musk, I think in the next decade you will see Satoshi or his bitcoin wallet be worth than most nation states, certainly making him the richest person on the planet.

But if anyone really hundred percent figured out who said who she would be, he would be in peril.

Deduction

She is probably a single dude, without kids or family, kind of like a monk, or maybe like John Wick?

Is John Wick Satoshi?

ERIC

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EK INFORMATION SUPPLY

Introduction to bitcoin free open source workshop, December 14, 2024 — Register here for free

so this open source introduction to bitcoin workshop I’m super excited and pumped for. Why? It’s going to be a synthesis of everything I know and understand and love about bitcoin.

For those skeptical or suspicious, come on… It’s free and open source, you don’t really have anything to lose.

Kind of the impetus behind it is that I’m like inviting everyone I know, even my mom is inviting her friends on kakao talk!

Essentially I do not know any human being on the planet who does not want to improve his or her financial condition, and or your family.

Money finances and prosperity, isn’t this something we all care for?

things to be grateful for

Thanksgiving is giving thanks, giving thanks to being alive, being the full for even waking up this morning! Being grateful for not having the stomach flu, be grateful for the sun etc.

Being grateful for your family member is still alive, being grateful for love!

I’m grateful for you!

---

Now what?

Some simple action items:

1. Start buying bitcoin on Coinbase or the cash app, whatever is simpler and easier for you
2. I would actually encourage you not to buy gifts for friends and families, just gift them and zap them with bitcoin instead
3. If you want to learn more about bitcoin the best is to just go to michael.com or hope.com
4. Ultimately even though microstrategy MSTR outperforms bitcoin, 120% ARR, compared to the 60% ARR of bitcoin, ultimately the bitcoin is the goal, not the microstrategy stock even though in US dollars the value of MSTE explodes a lot more. A very very simple strategy I have is purchase microstrategy stock, mstr, and ride it up, and when you make a profit, sell some stock and use that to buy bitcoin. For example, if you own like $150,000 worth of micro strategy stock, and it goes up to $200,000, sell $50,000 worth the stock, and funnel that money and use it to purchase more bitcoin. I call this double profit double dipping.
5. Just think critically about the philosophy behind it all; once you’re worth $2 million, 3 million, 4 million 5 million, 10 million, $100m, $1B, $10B, really matter? Assuming that you’re going to still remain to live a frugal Spartan lifestyle? Because once again… The big idea; the true capitalist only cares to stack capital and bitcoin, not to buy silly things.

ERIC

---

Getting back on Twitter, X

Twitter and social media is a double edge sword, but in terms of critical financial information, I think the only one human worth following is @saylor — Michael Saylor.

It is probably the best place on the planet to get any sort of critical information about bitcoin and or micro strategy stock.

100% all in. 150% all in?

ERIC

---

So I’ve never owned property in the traditional sense in my life. It is still kind of a strange and elusive concept for me.

For example, homeownership, is talented as some sort of desideratum, a thing to be desired.

So for example, I think like the baby boomer generation, the life goal of everybody was to own your own property? Like purchasing a single-family home, a plot of land etc.?

Land?

Even Cindy’s mom said it best, you don’t own the property, the government owns it. Even assuming that you buy a plot of land or property in all cash, you’re still going to pay around like 1%, 1.05% property taxes on it like forever.

Even if you buy a house which is like $1.4 million or something, I think that’s like $1250 a month Justin property taxes, and then after homeowners insurance and stuff, which could also be considered an additional non-direct tax, You might be looking at like $2000 a month, just in “taxes”. Just throw in another thousand dollars and you already have rent.

Why?

I thought this morning is in regards to the philosopher; what is a philosopher? A philosopher simply somebody who posits desideratum — what we should desire, what we should not desire.

 For example, under no circumstances should we desire slavery poverty and to be encumbered. On the contrary, what we should desire is freedom, power and control; consider the blissful authority and self sovereignty of the Spartans.

New Slaves?

See there’s leaders and there’s followers, but I’d rather be a dick than a swallower! – Ye

 the tricky thing with a lot of modern day life is that a lot of the stuff is actually self-imposed slavery. For example let us say that you buy the new BMW M3, yet you finance it, I think the original word for finance actually means ransom.

So let us say that you’re paying like $1450 a month, just for your car payment. To me this seems like the most insanely foolish financial decision of all time; if you simply pour that into bitcoin, and assuming that bitcoin is going to at least 100X from here, maybe even 1000x, then what that means is that the payments on your car, is like metaphorically paying $15,000, $150,000, or even $1.5 million a month!  

Future projections

If I could tell you with 100% certainty that in 21 years, bitcoin would be worth $100 million a coin, maybe even 105 million a coin, which means that assuming that bitcoin is around $100,000 today, that is like a 1000X gain 21 years from now.

Certainly it is possible you could die in a texting while driving accident today or tomorrow, but if you plan long-term —  if I told you that the money that you put in this thing today will yield 1000 X 21 years from now, and I could guarantee you with 100% certain that you would be alive healthy and well 21 years from now, wouldn’t you plan things differently and spend differently?

For example, that hundred dollars you put into that thing, could be worth $1000, $10,000, $100,000– or even $1M! If that were the case wouldn’t you plan things differently?

Once again, $100 today being worth $1M in 21 years, with 100% certainty ,,, wouldn’t you plan your life differently?

First, you would certainly be much more scrappy, frugal, and pursue a much more austere and critical and Spartan lifestyle today. Of course there are certain things you gotta do like feed yourself, pay rent etc., but beyond this… Even thinking about recurring subscriptions and services, that $20 a month you’re spending on Spotify, what if that after doing the math, would mean that you’re paying $200,000 a month for Spotify? Why don’t you just cancel that subscription and put that money into bitcoin instead?

Fractional property ownership

I think this is the big idea here; the general idea that you cannot buy a fraction of an apartment on fifth Avenue in New York. You cannot buy like a square meter of an apartment complex in Gangnam. You cannot buy like a third of a single-family house in Culver City.

I think this is where the early days of bitcoin is interesting; people have not yet understood the notion of a Satoshi; sooner or later, I think the name Satoshi will become more famous than the name of any other modern day celebrity. Why? He’s like the Jesus of money!

Ownership is a state of mind?

I think a big thing to consider is that ownership, self ownership, self sovereignty is more of a mindset than anything. Even when I’m staring at my bitcoin balance, and the value of my microstrategy MSTR stock, none of it really feels real… It’s almost like I’m living in some sort of cyber virtual video game, except it is real.  Not bad for a kid who grew up in poverty, mom going bankrupt twice, and dad gambling with the rent money to now at the age of 36, counting M’s.

The impetus to think long-term 

Once again, if I could tell you with 100% certainty that your investment today in bitcoin well thousand X 21 years now, aren’t you gonna do everything in your power to ensure that your health your physiology your sanity will be insanely robust 21 years from now? Would that also means that you’re probably not going to be engaging in degenerate activities today; Rather, it will probably encourage you to sober up, stop taking weird drugs, going to Coachella, wasting money on that new loser iPhone, that new loser Tesla cyber truck Lamborghini Ferrari whatever.

I think you will also become more critical about how you spend money. And how do you spend your life!

Also, I almost wonder if this one encourage more people to have kids; because you cannot be with your bitcoin dance to your dog; but bitcoin will last forever; you could give it to your kids kids kids kids kids, for when your kids kids kids have kids! 

the $1m iPhone 

A simple way to think about it is $1000 today is $1,000,000 21 years from now. 

So if that is the case, the smart strategy is to just hoard the cheapest iPhone, the iPhone SE, forever or however long you can.

The $100M Cybertruck

Assuming that a cyber truck is like $100,000, that means that your cyber stuck  will cost you $100 million in 21 years.

I’m like 1000% Elon and Tesla, but still… The entrepreneur and innovator in me think more critically about this;

Better to CYBERTRUCK your body than to just buy it.

Also, the big issue here is that with a Tesla car, you never really own it, the same goes with any other vehicle; because ultimately you’re going to have to pay Insurance, maintenance, gasoline, stuff on it… What that then means is that you never own it in theory; You’re kind of just metaphorically leasing it. 

I’ll give you an example with Tesla; as long as that you have to use their proprietary software, you visit the local supercharging network etc., you’re still tied to Tesla the infrastructure forever.  and also if you need to get any repairs done, you’re going to be married to Tesla for the rest of your life.

Another big thought I had was you never really own an iPhone; you’re just kind of leasing it; why? Now that we are all married to the iCloud system, forever, you’re kind of just paying some sort of like revolving increasing expensive iPhone thing, to ever feed your iCloud subscription?

So you never really own an iPhone a Tesla, even a Ferrari or a Lamborghini or Porsche or whatever, the primary issue here is like let us say that you had to pay $1000 a month in insurance for the car, you have to maintain the car, replace the tires, do oil change etc., this could be seen as an indirect tax. 

Stop the bleeding!

Let us see that you have a healthy four-year-old boy, full of bigger energy and happiness, but let us say that you siphon off a little bit of his blood every single day for the rest of his life. What is going to happen to his growth ability? Probably not good.

Economic vampires

I think I figured out fashion; all this marketing advertising magazines etc. is designed to make you feel shameful about your body, and how do we alleviate this? We cover up the ugliness of our body with other ugly expensive clothes, all produced in China or Vietnam, which is like a 98% markup on the actual clothes.

And this is the thing also with cars, we all have ugly weak unimpressive bodies, and we hide behind avail of our luxury vehicles, because we are ashamed of ourselves.

You’ll see this with people who try to look antisocial but at the same time, with their 5% tennis sunglasses, or they’re fully tinted automobile cars, or with their baggy loose fitting clothes.

It seems that the whole trend right now is that everyone for this weird, emo alien look? Balenciaga in the flesh?

Bitcoin is beautiful

What is the most beautiful thing on the planet? Or the known universe of humans?

Bitcoin!

Why?

First, note how it is kind of like the ultimate perfected Zen and property. There is really no problems with it.

It’s like if Steve Jobs came out with her first iPhone, and he said that this would be how the iPhone would look forever, kind of the same thing.

I think the reason why you should put zero faith in any other tokens or things which are not bitcoin is that they are all like the old versions of the Microsoft android phone, not worth anything, and they are simply supported by fake notions of value, hyped up by crypto influencers (side note– whenever you hear the word crypto, be very very wary). It is Bitcoin not crypto.

the Immaculate conception of bitcoin

I think what is so shocking and interesting about bitcoin is that it only ever had a version .01, and has not been messed with since.

Compare this and contrast with all these other version twos of Ethereum and all these other loser copycats.

Why does this all matter?

If I could tell you that this was like Apple in the 1980s, or the early days of Apple Amazon Facebook Google, and you could invest in right now, and it will become the most valuable thing on the planet, wouldn’t you want a piece of the pie?

Infinite pie

The double funny thing about bitcoin;

in some ways it is infinite, but in some ways it is limited.

For example, any human on the planet could purchase a single Satoshi, I think like it is only .001 cents to purchase a Satoshi.

In fact, my personal thought is if you really want to give somebody a meaningful present or tip somebody, just zap them a few Satoshi’s.

Or, let us say that your sibling has a child or a kid, I would actually say the most meaningful gift you give them is a single bitcoin. If and when my sister has a kid, I’m going to gift the kid a bitcoin.

The new family Empire

So we’re still stuck in thinking about US dollars, like the question is always, how much is a single bitcoin worth right now? No. The more intelligent way to think about it is how many bitcoins do I currently own, and how much will it cost for me to acquire more bitcoins? 

Increasing your bitcoin yield

So the goal is to acquire and accumulate as many bitcoins as you can in this life, and to never spend it.

So for example, it is always a good idea to buy Manhattan or cyber Manhattan. If over the last 300 years, your family was able to get fractional ownership of Manhattan, if that is the case, then, it is always a good idea to buy Manhattan.

Why is so difficult to think about property and manage property

In some ways, property is just kind of a metaphor, kind of like a philosophical thing. It doesn’t really exist in the traditional sense, of course, plot of land is considered property. Yet when the Native Americans lived here, ain’t nobody ever took out a tape measure, measured the square footage of a plot of land, put a stick in the ground, and suddenly declare to the universe “I own this 5000 ft.² of land?”

Bitcoin is also fascinating because assuming that cyber space is more valuable than physical space, I think it is, assuming that the Internet is also more valuable than physical property, if that is the case… To be able to own a piece of cyberspace, is actually a very big idea. 

Nobody is anti-bitcoin

This is also another idea, all the other crypto assets are essentially pegged to the bitcoin. Even Ethereum, read the original white paper by Vitelic, he essentially was trying to “fix”, bitcoin, even though there was nothing needing to be fixed.

So always be wary when somebody shows up to the party, and trying to fix something that isn’t even broken in the first place. This is why in general, anybody who tries to “optimize” something that is already working, … like a Doctor Who tries to prescribe blood thinners or cholesterol lowering medication to your healthy four-year-old, be very skeptical.

who profits from what?

So this is a tricky thing, the ethics and the motivation behind it all. For example, somebody once asked me, is Michael Saylor ethical or unethical for promoting bitcoin, given the fact that he himself and his entity micro strategy owns a lot of it?

 I would actually say it is 100% ethical for Michael sailor to promote bitcoin. Why? It’s almost like trying to encourage people to use the Internet, and saying that the Internet is good for the planet. In which it obviously is.

 if anything what is actually super fascinating is that I’ve watched almost like four years of Michael sailor interviews, like nearly 100 of them, and for the first four years, he never once  even mentions his company micro strategy. And what is very ethical is the whole time he is talking about the magnificent seven, like Apple Amazon Facebook and the like. 

In fact, it almost took me like six months before I even figured out what micro strategy was.

Anyways, it is always a good idea to follow somebody who never promotes themselves or their company, but rather, the asset behind it all. Which is bitcoin.

For example, it’s like me going out and telling people that digital photography is superior to film photography or vice versa and the like. Or more like me encouraging people to open source their photos their information etc., I’m promoting a protocol and an idea.

Or for example, if I encourage people to start intermittent fasting, to stop drinking alcohol and marijuana, for people to become more frugal, for people to unsubscribe to subscriptions, what is unethical about this?

Or if I encourage people to purchase beef ribs at Costco, I don’t really have anything to gain from this.

Follow the money?

So currently speaking, real estate is traditionally the way that a lot of people get rich. For example if your a great great grandfather once bought an acre of land in San Francisco for like five acorns and two donkeys, that family assuming they did not do anything stupid would probably be insanely rich. 

Who encourages us to purchase single-family homes? Banks, real estate brokers etc. Why? By propping up this American dream of home ownership, they themselves get rich off of it.

Compare this instead to an asset like bitcoin; there is nobody who controls bitcoin, Satoshi said toodaloo, and disappeared forever. Kind of like the immaculate Assumption back into heaven.

Everyone else is this spokesperson for their token or thing; Vitalik for Ethereum, Sergey for Chainlink, the scam artist who are proposing ADA Cardano (this one is really the biggest scam), even Elon Musk trolling Dogecoin.

Only trust things or assets without an issuer.

For example, even apple, kind of a bearish future ahead of them, assuming they don’t integrate bitcoin into their ecosystem. Why? Even though Apple keeps pumping money into their Apple TV+, nobody really wants it or cares for it. And even at this point, nobody really wants the new iPhone, or the new iPhone Pro, they simply upgraded because they feel expected to; they have been holding off for so long like two or three years, their old phone is getting super slow, or they run out of storage, so they simply upgrade not because they want to but because they must!

ain’t no Tesla car going to last year 21 years

Even now, I feel bad for all of the early adopters or even the middle adopters of Tesla cars, your car is getting outdated like every year or two. And once the cyber taxi comes out, you’re going to be kicking yourself in the butt.

I have like almost 100% certainty that my 2010 Prius will still be operable 21 years from now. Also my great joy is that I do all the oil changes with myself and Seneca, 100% full synthetic mobile one, K&N performance oil filters etc.

Even a random thing, the paint on it is actually still really good! I recently ordered some chemical guys detailing spray on Amazon, for only like 11 bucks, and now the car is so insanely and beautifully shiny! And I also assume that because it is more slick and slippery, what that then means is that it will repel more dirt and Moisture and water from it?

Things that last things which don’t

Even if you purchased the best 3M matte black vinyl wrap for your vehicle, it probably won’t last you for more than five years. Sooner or later it’s going to degrade, especially if you live in Sunny Los Angeles, the sun is so strong here.

Why is it so difficult for people to invest and think about things in the long-term?

I think maybe it is because people consume too much media and advertising.

Even for myself, I don’t really like the bitcoin community on the Internet because I think they lack a lot. I’m more interested in philosophy, Spartan and ancient Greek aesthetics, weightlifting and the like.

Even my pride is for so long, I never once listened to or read anything else by a crypto or bitcoin influencer or thought leader; in the early days, essentially all my thoughts were just my own; I first purchased bitcoin for $7000 a coin back in 2018 I think.

And I was looking back at my purchase history, I’ve actually been very very consistent in purchasing bitcoin, the highs and lows and the mids, and even when I was purchasing bitcoin in the low 70s, at the time it seemed like a losing bed because bitcoin would keep dipping back into the low 60s and 59, And then, I don’t know where after the Trump victory, bitcoin skyrocketing to above $88,000 coin, and essentially hitting $100,000 a coin. And I’m almost like 1000% certain that by the time that Trump takes office January 20, 2025… Bitcoin will be far higher than than it is today. 

And also, with the Cynthia Lummis bill, the bitcoin act in which she will swap cold notes for bitcoin, and when that steak and dagger is inserted into the coffin, the value of bitcoin will explode! And then you’ll start seeing a huge race of nations trying to accumulate her bitcoin stock piles.

Bitcoin is cyber security

So what is another interesting idea is that essentially bitcoin is like solid solidified cyber Security. Future warfare will not be bombs and missiles it will all be cyber attack. Even right now, Apple pays big bucks for cyber security penetration testing; even apparently right now Gmail is getting attempted to be hacked like 1,000,000,000,000× a second, so cyber security is certainly maybe the most valuable thing on the planet. And even your checking bank account, that is all cyber security. Even though we hate the banks, it is still impressive that if you have a certain amount of field currency in your checking account, how it is almost 100% guaranteed to remain there.

You could send Messages via bitcoin

Let us say that you have a certain message or will or Testament or some sort of really really critical information, that you need to have conveyed to the next party, the bitcoin network is the way. You cannot stop it, even if you had 1000 quantum computers trying to stop you.

So currently, the way that the world operates is through TCIP, POP,  email and the Internet. I think people don’t understand yet, the bitcoin is not just cyber money in capital, it is something greater and even more beyond!

Where money and capital collide 

So currently you could get a Coinbase debit Visa card in which you go to Costco and you could just use your bitcoin or crypto balance to pay for groceries. I did this once with chain-link, and it was really fascinating, like free money!

Anyways, ultimately it is best to just never spend your bitcoin, because the value is going to go up forever. It’s like probably not a good idea to sell an eighth of your apartment building on fifth Avenue, to buy a two bitcoin Lamborghini, or whatever.

But in theory, you could. And also… Like cash, bitcoin is cash, and also capital… You could just zap somebody $100,000 worth of bitcoin, and the final settlement will just take a few minutes, rather than the tedious process of having to go through a bank, and a trusted intermediary.

For example, do you know how difficult it is to just wire $1 million into somebody else’s bank account? Or try 100 million? Or 1 billion?

With bitcoin you can!

the best gift this holiday season

Once again a big disruptive idea… Rather than trying to buy your friends families and yourself these mediocre polyester clothes, just buy them bitcoin or yourself bitcoin! Just download and install Coinbase, or if you have the cash app you could just buy bitcoin there! 20 bucks 50 bucks 100 bucks, whatever.

Even think about it… Let us say that that $20 sandwich, will 1000x from here, $20,000 sandwich –?

So imagine if just for somebody’s birthday or something, you just give them like $50 worth of bitcoin, that is like you’re giving them a $50,000 gift? Pretty cool.

Bitcoin for kids

Seneca is about to turn four, and he already knows what bitcoin is. Whenever he sees a graph, or he immediately says bitcoin!

If a four-year-old child understands what bitcoin is, could recognize the logo, and pronounce it easily, very good sign.

I would not be surprised if in the future, Vegas and casinos in the lake will also give you the opportunity to gamble bitcoin. Can you imagine going to a high roller roulette bar, and pledging like 10 bitcoins on a spin?

Or, maybe instead of buying your wife that overpriced diamond ring, you gift her a bitcoin instead?

Bitcoin jewelry?

I have another funny idea, what if you became like a bitcoin jeweler, and I would give you a patch or a bitcoin ring or a bitcoin earring or bracelet, for every bitcoin you own?

What is funny is that actually in today’s world, when you have these expensive vehicles, in some ways you’re kind of parading your net worth.

For example, if you drive a cyber truck, you’re essentially telling the world that you could afford $100,000 on a vehicle.

Or if you drive a Lamborghini or Ferrari or a Porsche 911 GT 3RS, that you could afford 250,000, 500,000, million dollars on a vehicle.

But this is a weird thought; do you really want people to know how rich you are? If you’re really smart, no.

Why? If people really knew how rich you were, certainly they would try to rob you or ransom you.

And this is actually where it is so courageous that Michael Saylor publicly disclosed how many bitcoins he owns, because this actually does put his life in danger, any thug on the street with a gun, who knows that he lives in Miami Beach, could try to rob him of his bitcoins.

And this is why Satoshi will never really reveal himself, because, his net worth is probably more valuable than even Elon Musk, I think in the next decade you will see Satoshi or his bitcoin wallet be worth than most nation states, certainly making him the richest person on the planet.

But if anyone really hundred percent figured out who said who she would be, he would be in peril.

Deduction

She is probably a single dude, without kids or family, kind of like a monk, or maybe like John Wick?

Is John Wick Satoshi?

ERIC

---

Need to know basis —

The Philosophy of Property

So I’ve never owned property in the traditional sense in my life. It is still kind of a strange and elusive concept for me.

For example, homeownership, is talented as some sort of desideratum, a thing to be desired.

So for example, I think like the baby boomer generation, the life goal of everybody was to own your own property? Like purchasing a single-family home, a plot of land etc.?

Land?

Even Cindy’s mom said it best, you don’t own the property, the government owns it. Even assuming that you buy a plot of land or property in all cash, you’re still going to pay around like 1%, 1.05% property taxes on it like forever.

Even if you buy a house which is like $1.4 million or something, I think that’s like $1250 a month Justin property taxes, and then after homeowners insurance and stuff, which could also be considered an additional non-direct tax, You might be looking at like $2000 a month, just in “taxes”. Just throw in another thousand dollars and you already have rent.

Why?

I thought this morning is in regards to the philosopher; what is a philosopher? A philosopher simply somebody who posits desideratum — what we should desire, what we should not desire.

 For example, under no circumstances should we desire slavery poverty and to be encumbered. On the contrary, what we should desire is freedom, power and control; consider the blissful authority and self sovereignty of the Spartans.

New Slaves?

See there’s leaders and there’s followers, but I’d rather be a dick than a swallower! – Ye

 the tricky thing with a lot of modern day life is that a lot of the stuff is actually self-imposed slavery. For example let us say that you buy the new BMW M3, yet you finance it, I think the original word for finance actually means ransom.

So let us say that you’re paying like $1450 a month, just for your car payment. To me this seems like the most insanely foolish financial decision of all time; if you simply pour that into bitcoin, and assuming that bitcoin is going to at least 100X from here, maybe even 1000x, then what that means is that the payments on your car, is like metaphorically paying $15,000, $150,000, or even $1.5 million a month!  

Future projections

If I could tell you with 100% certainty that in 21 years, bitcoin would be worth $100 million a coin, maybe even 105 million a coin, which means that assuming that bitcoin is around $100,000 today, that is like a 1000X gain 21 years from now.

Certainly it is possible you could die in a texting while driving accident today or tomorrow, but if you plan long-term —  if I told you that the money that you put in this thing today will yield 1000 X 21 years from now, and I could guarantee you with 100% certain that you would be alive healthy and well 21 years from now, wouldn’t you plan things differently and spend differently?

For example, that hundred dollars you put into that thing, could be worth $1000, $10,000, $100,000– or even $1M! If that were the case wouldn’t you plan things differently?

Once again, $100 today being worth $1M in 21 years, with 100% certainty ,,, wouldn’t you plan your life differently?

First, you would certainly be much more scrappy, frugal, and pursue a much more austere and critical and Spartan lifestyle today. Of course there are certain things you gotta do like feed yourself, pay rent etc., but beyond this… Even thinking about recurring subscriptions and services, that $20 a month you’re spending on Spotify, what if that after doing the math, would mean that you’re paying $200,000 a month for Spotify? Why don’t you just cancel that subscription and put that money into bitcoin instead?

Fractional property ownership

I think this is the big idea here; the general idea that you cannot buy a fraction of an apartment on fifth Avenue in New York. You cannot buy like a square meter of an apartment complex in Gangnam. You cannot buy like a third of a single-family house in Culver City.

I think this is where the early days of bitcoin is interesting; people have not yet understood the notion of a Satoshi; sooner or later, I think the name Satoshi will become more famous than the name of any other modern day celebrity. Why? He’s like the Jesus of money!

Ownership is a state of mind?

I think a big thing to consider is that ownership, self ownership, self sovereignty is more of a mindset than anything. Even when I’m staring at my bitcoin balance, and the value of my microstrategy MSTR stock, none of it really feels real… It’s almost like I’m living in some sort of cyber virtual video game, except it is real.  Not bad for a kid who grew up in poverty, mom going bankrupt twice, and dad gambling with the rent money to now at the age of 36, counting M’s.

The impetus to think long-term 

Once again, if I could tell you with 100% certainty that your investment today in bitcoin well thousand X 21 years now, aren’t you gonna do everything in your power to ensure that your health your physiology your sanity will be insanely robust 21 years from now? Would that also means that you’re probably not going to be engaging in degenerate activities today; Rather, it will probably encourage you to sober up, stop taking weird drugs, going to Coachella, wasting money on that new loser iPhone, that new loser Tesla cyber truck Lamborghini Ferrari whatever.

I think you will also become more critical about how you spend money. And how do you spend your life!

Also, I almost wonder if this one encourage more people to have kids; because you cannot be with your bitcoin dance to your dog; but bitcoin will last forever; you could give it to your kids kids kids kids kids, for when your kids kids kids have kids! 

the $1m iPhone 

A simple way to think about it is $1000 today is $1,000,000 21 years from now. 

So if that is the case, the smart strategy is to just hoard the cheapest iPhone, the iPhone SE, forever or however long you can.

The $100M Cybertruck

Assuming that a cyber truck is like $100,000, that means that your cyber stuck  will cost you $100 million in 21 years.

I’m like 1000% Elon and Tesla, but still… The entrepreneur and innovator in me think more critically about this;

Better to CYBERTRUCK your body than to just buy it.

Also, the big issue here is that with a Tesla car, you never really own it, the same goes with any other vehicle; because ultimately you’re going to have to pay Insurance, maintenance, gasoline, stuff on it… What that then means is that you never own it in theory; You’re kind of just metaphorically leasing it. 

I’ll give you an example with Tesla; as long as that you have to use their proprietary software, you visit the local supercharging network etc., you’re still tied to Tesla the infrastructure forever.  and also if you need to get any repairs done, you’re going to be married to Tesla for the rest of your life.

Another big thought I had was you never really own an iPhone; you’re just kind of leasing it; why? Now that we are all married to the iCloud system, forever, you’re kind of just paying some sort of like revolving increasing expensive iPhone thing, to ever feed your iCloud subscription?

So you never really own an iPhone a Tesla, even a Ferrari or a Lamborghini or Porsche or whatever, the primary issue here is like let us say that you had to pay $1000 a month in insurance for the car, you have to maintain the car, replace the tires, do oil change etc., this could be seen as an indirect tax. 

Stop the bleeding!

Let us see that you have a healthy four-year-old boy, full of bigger energy and happiness, but let us say that you siphon off a little bit of his blood every single day for the rest of his life. What is going to happen to his growth ability? Probably not good.

Economic vampires

I think I figured out fashion; all this marketing advertising magazines etc. is designed to make you feel shameful about your body, and how do we alleviate this? We cover up the ugliness of our body with other ugly expensive clothes, all produced in China or Vietnam, which is like a 98% markup on the actual clothes.

And this is the thing also with cars, we all have ugly weak unimpressive bodies, and we hide behind avail of our luxury vehicles, because we are ashamed of ourselves.

You’ll see this with people who try to look antisocial but at the same time, with their 5% tennis sunglasses, or they’re fully tinted automobile cars, or with their baggy loose fitting clothes.

It seems that the whole trend right now is that everyone for this weird, emo alien look? Balenciaga in the flesh?

Bitcoin is beautiful

What is the most beautiful thing on the planet? Or the known universe of humans?

Bitcoin!

Why?

First, note how it is kind of like the ultimate perfected Zen and property. There is really no problems with it.

It’s like if Steve Jobs came out with her first iPhone, and he said that this would be how the iPhone would look forever, kind of the same thing.

I think the reason why you should put zero faith in any other tokens or things which are not bitcoin is that they are all like the old versions of the Microsoft android phone, not worth anything, and they are simply supported by fake notions of value, hyped up by crypto influencers (side note– whenever you hear the word crypto, be very very wary). It is Bitcoin not crypto.

the Immaculate conception of bitcoin

I think what is so shocking and interesting about bitcoin is that it only ever had a version .01, and has not been messed with since.

Compare this and contrast with all these other version twos of Ethereum and all these other loser copycats.

Why does this all matter?

If I could tell you that this was like Apple in the 1980s, or the early days of Apple Amazon Facebook Google, and you could invest in right now, and it will become the most valuable thing on the planet, wouldn’t you want a piece of the pie?

Infinite pie

The double funny thing about bitcoin;

in some ways it is infinite, but in some ways it is limited.

For example, any human on the planet could purchase a single Satoshi, I think like it is only .001 cents to purchase a Satoshi.

In fact, my personal thought is if you really want to give somebody a meaningful present or tip somebody, just zap them a few Satoshi’s.

Or, let us say that your sibling has a child or a kid, I would actually say the most meaningful gift you give them is a single bitcoin. If and when my sister has a kid, I’m going to gift the kid a bitcoin.

The new family Empire

So we’re still stuck in thinking about US dollars, like the question is always, how much is a single bitcoin worth right now? No. The more intelligent way to think about it is how many bitcoins do I currently own, and how much will it cost for me to acquire more bitcoins? 

Increasing your bitcoin yield

So the goal is to acquire and accumulate as many bitcoins as you can in this life, and to never spend it.

So for example, it is always a good idea to buy Manhattan or cyber Manhattan. If over the last 300 years, your family was able to get fractional ownership of Manhattan, if that is the case, then, it is always a good idea to buy Manhattan.

Why is so difficult to think about property and manage property

In some ways, property is just kind of a metaphor, kind of like a philosophical thing. It doesn’t really exist in the traditional sense, of course, plot of land is considered property. Yet when the Native Americans lived here, ain’t nobody ever took out a tape measure, measured the square footage of a plot of land, put a stick in the ground, and suddenly declare to the universe “I own this 5000 ft.² of land?”

Bitcoin is also fascinating because assuming that cyber space is more valuable than physical space, I think it is, assuming that the Internet is also more valuable than physical property, if that is the case… To be able to own a piece of cyberspace, is actually a very big idea. 

Nobody is anti-bitcoin

This is also another idea, all the other crypto assets are essentially pegged to the bitcoin. Even Ethereum, read the original white paper by Vitelic, he essentially was trying to “fix”, bitcoin, even though there was nothing needing to be fixed.

So always be wary when somebody shows up to the party, and trying to fix something that isn’t even broken in the first place. This is why in general, anybody who tries to “optimize” something that is already working, … like a Doctor Who tries to prescribe blood thinners or cholesterol lowering medication to your healthy four-year-old, be very skeptical.

who profits from what?

So this is a tricky thing, the ethics and the motivation behind it all. For example, somebody once asked me, is Michael Saylor ethical or unethical for promoting bitcoin, given the fact that he himself and his entity micro strategy owns a lot of it?

 I would actually say it is 100% ethical for Michael sailor to promote bitcoin. Why? It’s almost like trying to encourage people to use the Internet, and saying that the Internet is good for the planet. In which it obviously is.

 if anything what is actually super fascinating is that I’ve watched almost like four years of Michael sailor interviews, like nearly 100 of them, and for the first four years, he never once  even mentions his company micro strategy. And what is very ethical is the whole time he is talking about the magnificent seven, like Apple Amazon Facebook and the like. 

In fact, it almost took me like six months before I even figured out what micro strategy was.

Anyways, it is always a good idea to follow somebody who never promotes themselves or their company, but rather, the asset behind it all. Which is bitcoin.

For example, it’s like me going out and telling people that digital photography is superior to film photography or vice versa and the like. Or more like me encouraging people to open source their photos their information etc., I’m promoting a protocol and an idea.

Or for example, if I encourage people to start intermittent fasting, to stop drinking alcohol and marijuana, for people to become more frugal, for people to unsubscribe to subscriptions, what is unethical about this?

Or if I encourage people to purchase beef ribs at Costco, I don’t really have anything to gain from this.

Follow the money?

So currently speaking, real estate is traditionally the way that a lot of people get rich. For example if your a great great grandfather once bought an acre of land in San Francisco for like five acorns and two donkeys, that family assuming they did not do anything stupid would probably be insanely rich. 

Who encourages us to purchase single-family homes? Banks, real estate brokers etc. Why? By propping up this American dream of home ownership, they themselves get rich off of it.

Compare this instead to an asset like bitcoin; there is nobody who controls bitcoin, Satoshi said toodaloo, and disappeared forever. Kind of like the immaculate Assumption back into heaven.

Everyone else is this spokesperson for their token or thing; Vitalik for Ethereum, Sergey for Chainlink, the scam artist who are proposing ADA Cardano (this one is really the biggest scam), even Elon Musk trolling Dogecoin.

Only trust things or assets without an issuer.

For example, even apple, kind of a bearish future ahead of them, assuming they don’t integrate bitcoin into their ecosystem. Why? Even though Apple keeps pumping money into their Apple TV+, nobody really wants it or cares for it. And even at this point, nobody really wants the new iPhone, or the new iPhone Pro, they simply upgraded because they feel expected to; they have been holding off for so long like two or three years, their old phone is getting super slow, or they run out of storage, so they simply upgrade not because they want to but because they must!

ain’t no Tesla car going to last year 21 years

Even now, I feel bad for all of the early adopters or even the middle adopters of Tesla cars, your car is getting outdated like every year or two. And once the cyber taxi comes out, you’re going to be kicking yourself in the butt.

I have like almost 100% certainty that my 2010 Prius will still be operable 21 years from now. Also my great joy is that I do all the oil changes with myself and Seneca, 100% full synthetic mobile one, K&N performance oil filters etc.

Even a random thing, the paint on it is actually still really good! I recently ordered some chemical guys detailing spray on Amazon, for only like 11 bucks, and now the car is so insanely and beautifully shiny! And I also assume that because it is more slick and slippery, what that then means is that it will repel more dirt and Moisture and water from it?

Things that last things which don’t

Even if you purchased the best 3M matte black vinyl wrap for your vehicle, it probably won’t last you for more than five years. Sooner or later it’s going to degrade, especially if you live in Sunny Los Angeles, the sun is so strong here.

Why is it so difficult for people to invest and think about things in the long-term?

I think maybe it is because people consume too much media and advertising.

Even for myself, I don’t really like the bitcoin community on the Internet because I think they lack a lot. I’m more interested in philosophy, Spartan and ancient Greek aesthetics, weightlifting and the like.

Even my pride is for so long, I never once listened to or read anything else by a crypto or bitcoin influencer or thought leader; in the early days, essentially all my thoughts were just my own; I first purchased bitcoin for $7000 a coin back in 2018 I think.

And I was looking back at my purchase history, I’ve actually been very very consistent in purchasing bitcoin, the highs and lows and the mids, and even when I was purchasing bitcoin in the low 70s, at the time it seemed like a losing bed because bitcoin would keep dipping back into the low 60s and 59, And then, I don’t know where after the Trump victory, bitcoin skyrocketing to above $88,000 coin, and essentially hitting $100,000 a coin. And I’m almost like 1000% certain that by the time that Trump takes office January 20, 2025… Bitcoin will be far higher than than it is today. 

And also, with the Cynthia Lummis bill, the bitcoin act in which she will swap cold notes for bitcoin, and when that steak and dagger is inserted into the coffin, the value of bitcoin will explode! And then you’ll start seeing a huge race of nations trying to accumulate her bitcoin stock piles.

Bitcoin is cyber security

So what is another interesting idea is that essentially bitcoin is like solid solidified cyber Security. Future warfare will not be bombs and missiles it will all be cyber attack. Even right now, Apple pays big bucks for cyber security penetration testing; even apparently right now Gmail is getting attempted to be hacked like 1,000,000,000,000× a second, so cyber security is certainly maybe the most valuable thing on the planet. And even your checking bank account, that is all cyber security. Even though we hate the banks, it is still impressive that if you have a certain amount of field currency in your checking account, how it is almost 100% guaranteed to remain there.

You could send Messages via bitcoin

Let us say that you have a certain message or will or Testament or some sort of really really critical information, that you need to have conveyed to the next party, the bitcoin network is the way. You cannot stop it, even if you had 1000 quantum computers trying to stop you.

So currently, the way that the world operates is through TCIP, POP,  email and the Internet. I think people don’t understand yet, the bitcoin is not just cyber money in capital, it is something greater and even more beyond!

Where money and capital collide 

So currently you could get a Coinbase debit Visa card in which you go to Costco and you could just use your bitcoin or crypto balance to pay for groceries. I did this once with chain-link, and it was really fascinating, like free money!

Anyways, ultimately it is best to just never spend your bitcoin, because the value is going to go up forever. It’s like probably not a good idea to sell an eighth of your apartment building on fifth Avenue, to buy a two bitcoin Lamborghini, or whatever.

But in theory, you could. And also… Like cash, bitcoin is cash, and also capital… You could just zap somebody $100,000 worth of bitcoin, and the final settlement will just take a few minutes, rather than the tedious process of having to go through a bank, and a trusted intermediary.

For example, do you know how difficult it is to just wire $1 million into somebody else’s bank account? Or try 100 million? Or 1 billion?

With bitcoin you can!

the best gift this holiday season

Once again a big disruptive idea… Rather than trying to buy your friends families and yourself these mediocre polyester clothes, just buy them bitcoin or yourself bitcoin! Just download and install Coinbase, or if you have the cash app you could just buy bitcoin there! 20 bucks 50 bucks 100 bucks, whatever.

Even think about it… Let us say that that $20 sandwich, will 1000x from here, $20,000 sandwich –?

So imagine if just for somebody’s birthday or something, you just give them like $50 worth of bitcoin, that is like you’re giving them a $50,000 gift? Pretty cool.

Bitcoin for kids

Seneca is about to turn four, and he already knows what bitcoin is. Whenever he sees a graph, or he immediately says bitcoin!

If a four-year-old child understands what bitcoin is, could recognize the logo, and pronounce it easily, very good sign.

I would not be surprised if in the future, Vegas and casinos in the lake will also give you the opportunity to gamble bitcoin. Can you imagine going to a high roller roulette bar, and pledging like 10 bitcoins on a spin?

Or, maybe instead of buying your wife that overpriced diamond ring, you gift her a bitcoin instead?

Bitcoin jewelry?

I have another funny idea, what if you became like a bitcoin jeweler, and I would give you a patch or a bitcoin ring or a bitcoin earring or bracelet, for every bitcoin you own?

What is funny is that actually in today’s world, when you have these expensive vehicles, in some ways you’re kind of parading your net worth.

For example, if you drive a cyber truck, you’re essentially telling the world that you could afford $100,000 on a vehicle.

Or if you drive a Lamborghini or Ferrari or a Porsche 911 GT 3RS, that you could afford 250,000, 500,000, million dollars on a vehicle.

But this is a weird thought; do you really want people to know how rich you are? If you’re really smart, no.

Why? If people really knew how rich you were, certainly they would try to rob you or ransom you.

And this is actually where it is so courageous that Michael Saylor publicly disclosed how many bitcoins he owns, because this actually does put his life in danger, any thug on the street with a gun, who knows that he lives in Miami Beach, could try to rob him of his bitcoins.

And this is why Satoshi will never really reveal himself, because, his net worth is probably more valuable than even Elon Musk, I think in the next decade you will see Satoshi or his bitcoin wallet be worth than most nation states, certainly making him the richest person on the planet.

But if anyone really hundred percent figured out who said who she would be, he would be in peril.

Deduction

She is probably a single dude, without kids or family, kind of like a monk, or maybe like John Wick?

Is John Wick Satoshi?

ERIC

---

Audio

Audio vlog

What *SHOULD* be desired?

Ease, comfort, power?

From de- + sÄ«der-, a morpheme perhaps related to sÄ«dus(“star; constellation”) (compare cōnsÄ«derō). Perhaps like “wish upon a shooting star.”^[1]

Same as consider — to look at, inspect constellation?

The word “desideratum” originates from Latin. It is the neuter singular form of “desideratum,” which comes from the verb “desiderare,” meaning “to desire” or “to long for.” In Latin, “desideratum” refers to something that is desired or needed. The plural form is “desiderata.” The term entered the English language in the 17th century, retaining its original meaning of something that is greatly desired or considered necessary.

The word “desideratum” originates from the Latin verb “dēsīderāre”, which means “to long for” or “to desire.” Here’s a breakdown of its etymology:

1. Latin Root:

• “Dēsīderātum” is the neuter past participle of “dēsīderāre” (to desire, to feel the lack of).

• The prefix “dē-” often implies removal or separation, while “sīdera” (plural of “sīdus”) refers to stars or constellations. This might hint at the original idea of “lacking” or “missing something vital, like a guiding star.”

2. Medieval and Classical Latin Usage:

• In Latin, “desideratum” was used to signify something felt as missing or needed.

3. Introduction into English:

• The word entered the English lexicon in the mid-17th century through scholarly and philosophical texts, retaining its formal tone and meaning as “something wanted or needed.”

Today, “desideratum” remains closely tied to academic, philosophical, and intellectual discussions.

It seems there might be a typographical error in your query “Desiridatum.” Perhaps you intended to search for “desideratum,” a term that refers to something desired as essential. The plural form is “desiderata.”

The word “desideratum” originates from the Latin “dēsīderātum,” the neuter past participle of “dēsīderāre,” meaning “to desire.”

In English, “desideratum” is used to denote a thing that is wanted or needed.

If “Desiridatum” refers to something else, please provide more context so I can assist you further.

…

“Desideratum” is a noun derived from Latin, meaning something that is desired or considered essential. Its plural form is “desiderata.” It is often used to describe something that is lacking but highly needed or wanted in a particular context.

Examples in Context:

1. Personal Life: “A peaceful home is her greatest desideratum.”

2. Academic or Professional: “Improved infrastructure was identified as a desideratum for the success of the project.”

3. Philosophical: “Justice remains a central desideratum in the debate over human rights.”

The term is frequently employed in intellectual, formal, or philosophical discussions to highlight a crucial element that is sought after to complete or perfect a system, argument, or project.

Carte Blanche vehicle?

Or even $1.2, $1.1M…?

Alternative is bad!

Dominant is best! Invest in the dominant network!

I need more stimulants!

Our stoic emotions

We fear nothing and nobody, we only dread things — more like an eugh, groan, eh can’t be fucked.

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1. Stoicism out of Strength or Weakness?
2. Emotions?
3. Forgive 10x the Bad Things & Remember the Good
4. A REAL STOIC DOESN’T WANT OR NEED APOLOGIES.

STOICISM 101

STOIC VLOG

Introduction to Stoicism 

Something I have been meaning to write or create or do is like some sort of book, ebook, pamphlet, or introductory primer to stoicism. I really think that stoicism is probably one of the most useful and philosophical models to live normal every day real life. Yet, I haven’t really found a good instructional guide on it, especially when I was self teaching it to myself.

Consider this a practical primer, cutting through the BS:

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What does stoicism mean? 

Stoicism, stoic, the stoa in ancient Greece– essentially the stoa was like some sort of portico, patio, pillar, outside, essentially a spot where guys would just hang out, talk shop, talk philosophy, etc.  

I think about the show “Hey Arnold” in which I was raised with… the notion of “stoop kid“, the notion of a stoop is that in a lot of cities, especially the east coast in New York, you have this little stoop or porch, stairs that go outside your front door… and you could just hang out there, engage in social and neighborhood life etc.

The new stoa? 

One of my happiest moments was when I was living in Providence Rhode Island, and then COVID-19 hit. Everything was closed, besides the park. I can still go to the park, hang out, workout, do chin ups– I learned how to do muscle ups, more bodyweight calisthenics stuff, and also… I had a lot of fun with this “rock toss“ challenge and workout… in the middle of the park was a huge ass rock and huge ass stone, and every single day I would go there pick it up, and then eventually work out with it; throwing it around for fun, doing overhead presses with it, clean and jerks, squats, and eventually I would just throw it around for fun. Funny enough it might have been the most fit I was in my life… this was the true “functional” fitness.

The inspiration — Hector lifting an insanely massive stone (barely 2 strong men could lift it)… using it to break down the door of the ships of the other side.

Open air, open sun concept

Anyways, the reason why that period of covid was so good is that it was in the middle of beautiful Providence Rhode Island summer, so nice and bright and warm and lovely… and one of the good things was going to the park was like an open forum, a new anatheum for a lot of really cool guys to come, hang out, talk shop, go topless and shirtless, workout and hang out.

I met some really interesting people during that period of time. I met some guys who were really cool. For example, one guy I met was in the US military Navy, I think he was training to be a Navy seal or Delta force or something. Another guy in some sort of ROTC training, another cool guy from the hood, and also I would say I probably met half a dozen friendly drug dealers there. And of course a lot of people who believed in conspiracy theories; really friendly, a little weird, but overall good guys.

Anyways, one of the biggest benefits of hanging out at that outdoor park, open air, nothing but green grass, the beautiful sun and the fitness equipment was that I think having this sort of open air environment is actually very conducive to socializing, thinking and thought, and pro social behavior. My theory about a lot of modern day antisocial behavior has to do with the structures which enclose us. For example, almost universally most guys at the gym are extremely antisocial. Why? My theory is that because most gyms have closed, cramped narrow ceilings, and do not have access to natural light, or outside space.

Cramped indoor spaces promote antisocial behavior.

The only good gym I went to which was interesting was the golds gym in Venice, which has this really big outdoor workout area. I think this is much more natural and more fun and better; to be able to work out directly outside outdoors, with your shirt off.

Who is this philosophy for?

Stoics, stoicism — it was originally I think codified by this guy named Zeno, and over time he picked up some followers. Essentially the whole thing happened organically; Zeno would first share his thinking on philosophy ethics and pragmatic ways to deal with other people and the downsides of life, he built a following, and then his followers would propagate the thoughts and start their own little schools of thoughts, their own little stoic clubs.

What is “real” stoicism?

Would I like about stoicism is how loosey goosey it is. It is kind of like zen, or taoism… it is not really quantified as a religion, or a strict moral order. In fact, a lot of the ancients stoics would meditate on random stuff like cosmology, natural sciences like Seneca, how volcanoes worked or whatever. I think nowadays in today’s world, we focus primarily on the pragmatic side; how to deal with fear, uncertainty, downsides etc.

So how did I discover stoicism?

I think I might’ve first learned about stoicism from Nassim Taleb and his ANTIFRAGILE book. I was curious, and my curiosity went to deep. To quote NASSIM TALEB and the Venetian saying “The ocean goes deeper, the deeper you wade into it.”

I literally consumed every single book I could find on stoicism, even the obscure ones. Funny enough, a lot of the stoic thinkers tried to claim other philosophers as being stoic, like Seneca did with Diogenes the cynic. 

Cynic, cynicism, actually comes from the word canine, the dog. Diogenes was considered the “dog” philosopher, first used as a pejorative, but ultimately Diogenes reappropriated that title for fun! He saw dogs as tough, almost like wild wolves, rather than seeing them as a negative thing.

Even Achilles when he was raging against king Agamemnon, he called him “dog faced“ as a heaping insult.

Who is worth reading?

First, Seneca. Seneca the younger, his dad was called Seneca the elder.

In fact, this is such a big deal because Cindy and I named our first son, Seneca, directly after the stoic philosopher. This is true soul in the game; if you name your kid after your favorite philosopher, certainly it is a sign that you really liked that philosopher, or found them impactful.

The reason why I really like Seneca the stoic philosopher is because he had real connections to real reality. What that means is he wasn’t just on the sidelines; he actually existed in the real world, engaged in real politics, was even advisor to the emperor Nero, the bad one, who eventually low-key coerced Seneca to commit suicide, in a manly, dignified manner.

I think this was because maybe… there was actually a plan to overthrow Nero, and essentially Nero found out. 

What makes Seneca so good?

I really like Seneca because his writing is accessible, practical and pragmatic, and interesting.

A lot of thinkers tend to lack connections to real reality, I have no tolerance for boring philosophers to talk about metaphysics, which is things which are not physical. Like thoughts ideas, the universe, electricity and energy, strange phenomenon and conspiracy theories on ghosts, “energy” whatever.

For a long time, I would hear the term “metaphysics” being thrown around, and I had zero idea what it actually meant. 

Meta– on top of. Or nestled within.

Physics — the physical, physical phenomenon like gravity, first principles.

The reason why metaphysics philosophers tend to be a bunch of losers is that they are all weak and anemic, nerds or geeks or weaklings who seem to have some sort of physiological degeneracy, which encourages them to opine or talk or think about impractical things, superficial things.

Personally speaking, I think philosophy must be practical. 

Practical, praxis, practice — to do!

The Spartan, Zen Stoic, demigod ideal

I have a very funny ideal; the general idea is that your body looks like a demigod, and your physiology is out of control. The general idea is one must be tall, strong, highly muscular, low body fat percentage, I’m not exactly sure what my body fat percentage is, but maybe it’s around 5%.

Also, physical fitness is critical to any stoic. My ideal is to walk 50 miles a day, eat 20 pounds of meat like Milo of Croton a day. And also, abstinence from silly things like media, alcohol, drugs, marijuana etc.

Trust no thinker who does drugs!

Even our best friend Nietzsche said that coffee was bad, because it would make people dark and gloomy. He encouraged 100% cocoa powder instead. 

You let the drugs talk I let my soul talk ayy! – Kendrick Lamar

Simple technique:

First, look at a picture or a portrait or a full body shot, ideally topless of the artist, philosopher or thinker or individual… then judge their thoughts later.

Why? My theory is this: the thoughts of an individual is hugely affected by their bodily physiology.

For example, an extreme example: if somebody is locked inside a solitary confinement cell, and not permitted to go outside for years, but, he had a pen and pad and would jot down some thoughts… Would be the quality of these thoughts? Certainly dark and morose.

Why does stoicism matter? 

In today’s world, why does it matter, what is the significance of stoicism, etc.?

First and foremost, I think we are living in a troubling time, especially with the advent of modern day internet based media and advertising. I think 99% of what is propagated on the internet is fear mongering, and what is hate? Hate is just fear.

The first thought on stoicism is that it is just fear conquering. What I discovered about street photography, is that 99% of it is conquering your fears. Conquering your fears of upsetting other people, getting in some sort of verbal or physical altercation etc. In fact my bread and butter workshop is my conquering your fears and street photography workshop, the workshop which is still interesting to me even after a decade.

Why is this so important? I think it is rooted in almost everything; conquering your fears is rooted in entrepreneurship, innovation, risktaking and real life.

Even my speculation in crypto. 99.9% of crypto speculation is just balls. Having the balls to make big bets, and when things go south, knowing how to master your emotions.

A simple extra I have is this: just imagine it will all go down to zero.

It was useful because when I was in college, my sophomore year I got really into trading stocks, and I eventually lost my whole life savings, maybe around $3500 USD, and some bad penny stock which I actually misread the financials… the whole time I thought the company was making a profit, but actually it was taking a loss. I actually didn’t know that if profits are written in parentheses, it means a loss.

It was funny because my initial start as an investor was back in high school, I bought some Adobe stock when I was a high school junior, and also some mutual funds, which both went up after about 4-5 years.

Also I remember in elementary school computer class, when I was in the sixth grade in Bayside Queens, there was some sort of stock stimulation trading game, and actually it was funny… the kids who made the most money and were the most successful just put 100% of everything into Apple, note this is when we were only 12 years old, and I was born in 1988.

Stoicism and capitalism?

Funny enough, it seems that stoicism actually plays well with capitalism. Why? According to modern day capitalist thinking, the best way to approach life is to be objective, strong, stoic, unemotional, logical and rational.

Also, with modern day media there is so much fear mongering in the news, about some sort of global armageddon, global financial ruin, etc. I call it “fear porn”.

Therefore stoicism as a mindset is useful to think and position your mind in such a way that you could consider that life is all upside, no downside.

In fact, if I could summarize stoicism in one sentence, it is that life is all upside, no downside. Inspired by NASSIM TALEB.

Sex and Stoicism

So, is stoicism useful to you if you’re a man or a woman? Does it matter?

The good thing is I think it could apply to both sexes. Conquering sexism and social pressures is useful if you’re woman, and also if you’re a man.

Also, gender is social. Lot of the expectations set on us by society is socialized and gamed to a certain degree.

Stoic strategies 

First, we got to unchain ourselves from modern day ethics and morality. I believe that all modern day philosophy and thinking and ethics and religion is bad.

For example, the notion of turning the other cheek is a patently bad one. Why did Jesus turn his cheek? It is because he lacked on army.

Also, philosophically I think we should put no trust in Socrates. I thought which has puzzled me for a long time was this “Why was Socrates so ugly?

Monster in face, monster in soul.

I think Socrates was a degenerate, and he lacked any sort of real power. Therefore he turned logic and rationality into his terrorizing weapon (via Nietzsche). Back in the day, you didn’t need logic or rationality to have things your way, you simply was able to dictate that which you wanted to pause it, because you had a military force behind you. Just think about Machiavelli and IL PRINCIPE– the reality of being a mercurial prince, king, and military leader is hard, stoic, “immoral”. But ultimately it all comes down to war, conquest, the military.

Trust nobody who uses rationality or logic as their tyrannizing weapon. 

In fact, I believe that all should have the body and strength of some sort of super soldier. Essentially look like all the guys from the movie 300, this is our ideal.

Demigod physique. 

What has helped me

1. Allow yourself to be a bad, immortal, “evil” person. When you decide to adopt an unorthodox way of thinking and living, you’re going to rub some feathers the wrong way. And truth be told, even if you act in a strange vibrant way… At worse you’re only “mildly” annoying other people.
2. For good inspirations, I think the best stoic writers and thinkers include Seneca, and Marcus Aurelius and also the humor of the cynic philosopher Diogenes. I would even posit the idea that one could consider Alexander the Great as a stoic. Why? When you’re trying to create an empire, and you always have your life on the line, certainly this takes a stoic mindset. Also, let us think and consider that Alexander the Great had a copy of the Iliad by his bedstand, it was the only book he traveled with during his military tours.
3. Imagine the worst possible case scenario, and backtrack: Apparently even NASSIM TALEB would do this when he was a trader; every single day when he would go to his trading desk, he would assume that his investments would all go to zero, and if that wasn’t the case every single day, it was just upside. Therefore for myself, I just think to myself very simple; imagine like I got zero dollars, zero money, and literally all I need is meat, a Wi-Fi connection and I’m good. 
4. Live like a poor person: The notion of “debasing“ the coin or the currency is the general idea that you are not a coward in regards to money. The best way to think about money is like a social tool; I think money is actually just codified labor. If you want people to clean bathrooms, run the cashiers stand, you have to promise them money. Even Seneca said the upsides of simulated poverty; essentially living like a poor person, or even a homeless person when you don’t need to… is the ultimate position to be in. Why? True freedom of spirit and soul; as a philosopher thinker writer or whatever… you cannot be “canceled”, because there is nothing to cancel. As long as you could pay your rent, buy meat at Costco, and publish your thoughts to your own self hosted website blog, and pay your server fee, you have 100% freedom. And also, still… America is the best place to be because there is true freedom of speech and expression, you don’t want to be a trillionaire but not be able to say what’s really on your mind. And I think this is the big issue with entertainers, actors, media people… as long as you’re signed to a contract, you don’t run your own production company, or, you’re still a slave to money… you’re not really going to see what’s really on your mind. Why is it that the Rock cannot say anything bad about China, or Tibet? Because he is still enslaved by the media corporation. New slaves by Kanye West.

And this is the true courage of Kanye West; he literally put everything on the line, and even lost his spouse and I think maybe his kids? All for the sake of revealing inequities. 

“I throw these Maybach keys fucking c’est la vie! I know that we the new slaves.”- Ye

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Stoic training

The fun thing about stoicism is that you could just make it up as you go, devise your own strategies and whatever.

“Fucking c’est la vie!” My favorite Kanye West line.

Essentially the general idea is that in life, one should not take things too seriously. Laughter is golden, I forget the philosopher who was called the laughing philosopher… Democritus?; better to laugh about the follies of human beings rather than to be dark and morose about it.

Also, thoughts from the Odyssey; if you look far enough  into the future, everything becomes comedic and hilarious.

So when you’re in some sort of bad situation, just think to yourself “Perhaps one day, 20 or 30 years from now… I will look back at this and just laugh!” It will just be humorous.

Honestly, laughter, and kind of being able to joke about things might be the best way to live life and deal with setbacks. 

Modern day ailments

Problems in modern day life:

1. Too much time spent indoors, not enough time out in the sun. Perhaps it is better to be out outside all day, and joyful, even with the risk of getting skin cancer or whatever… rather than to be indoors, scared, weak and anemic. Differences between if you’re a man or a woman, but still… the most beautiful skin has a sunkissed, olive color tone; the true privilege is having a full body tan. 
2. Get chatGPT, the paid premium one. And use the image generation AI art tool DALL-E. People pay therapists to just speak their mind, and get some sort of sounding board. I actually think it’s much better to chat with AI instead; because it will not judge you, and ultimately what is a therapist anyways? A therapist is just a mirror, a sounding board for you to verbalize and flesh out your thoughts. Often when we talk about our problems, 90% of the issues go away because once we verbalize it, we feel much better about ourselves. The next thing I’m going to do is build some sort of therapy bot. 
3. Not enough walking: I have never met anybody who walks 30,000 steps a day and is depressed. Even my friend Jimmy, who works as a US postal worker delivering the mail, he walks around 30,000 steps a day and is always bright cherry and jovial. I think this is also where people who hike a lot or walk a lot in nature are so happy; when you’re able to walk around a lot, and zen out… you just feel much better. My simple suggestion is when you go on a hike or a walk in nature or even in the city… leave your phone at home, or locked inside your glove compartment, and don’t bring any headphones or speakers or Apple watches or whatever. Just bring along your camera, and enjoy. My personal ideal is the bear lifestyle; walking 50 miles a day. 

Real stoics don’t call themselves Stoics?

A funny thing I have learned is that when you call something something, it isn’t that.

For example, if someone calls something a “luxury car”, it ain’t. For example, a true modern day luxury car is maybe a Tesla, but Tesla never calls itself a luxury car. Also the ultimate luxury technology company is probably Apple… but Apple is very intelligent and not calling themselves a luxury brand.

A pro tip is when it comes to websites, read the alternative text, the header text, the stuff that shows up in the tab of your browser window. If the website, the automotive retailer tries to market themselves as a “luxury” brand, typically it is actually a sign that it isn’t a luxury brand it isn’t luxury brand.

Thought: what are some good examples of true luxury brands which don’t overly calls itself luxury? 

In someways, we can think and consider stoicism as our new luxury. In fact, having luxury, luxury of mind and soul… and luxury of freedom of speech, isn’t this the ultimate luxury?

When somebody asked Diogenes the cynic; “What is the best human good”? He said “Freedom of speech, speaking your mind, having the power to see whatever is on your mind.”

In fact, my current joy is becoming more and more free talking, and free riding. What that means is this; I’m ain’t going to censor myself no more, even if I might be politically incorrect insensitive or whatever. 

Also, I would prefer to speak my mind and seriously hurt the feelings of others, rather than soften it for the sake of the other person. 

Similarly speaking, when people call themselves “influencers”, they are not influencers.

Stoicism as a technique and tool, not the end

Ultimately I think we should think of stoicism just like having another tool inside our tool kit. For example, if you’re a chef, you’re going to have different knives for different purposes. If you’re going to cut a big piece of meat, you probably want a big ass meat cutting knife, not something you would use to slice an apple with. Similarly speaking, if you’re going to scoop out the insides of an avocado, better to use a spoon rather than using a fork, or a knife. 

I think the problem is when some people get too into stoicism (I prefer writing stoicism with a lowercase), they think that everything needs to be consistent, and must fit into this nice little neat box of what is considered “stoicism“. This is a bad line of thinking… let us consider that Marcus Aurelius never even mentioned stoicism in his writings, his collections of thoughts, which we moderns call THE MEDITATIONS… it was just essentially his personal diary, to help him conquer his own personal fears and thoughts, I don’t think he ever intended it to be published publicly. I think he just wrote it to himself as self therapy. And I think the only stoic philosopher he even mentions is maybe Epictetus.

The future of stoicism?

For myself, I just come out with certain to work out thoughts and techniques because it helps me, and when I find these tricks or techniques or secret hacks or cheat codes… My passion is to simply share it with others. 

And ultimately, things are ever in flux and evolving and changing and adapting.

For example, I’ve discovered the quality of my thinking is different when I am in Culver City Los Angeles, compared to being in the boring suburbs of Orange County.

Also depending on my social environments… my stoic thoughts are different when I am in a gym, vs just working out by myself in my parking spot in the back of my apartment.

Also, the quality of my thoughts is different when living with family members or other people versus just living with myself Cindy and Seneca.

Stoicism is all about living with other people

Assuming you’re not growing your own vegetables and living in the middle of nowhere… you probably have some interaction with other human beings. As long as you have an iPhone, an Android phone, a smartphone, a 4G or 5G internet connection, wifi, a laptop, have to buy groceries somewhere… you’re still going to have to interact with other human beings.

And this is good. There is no other greater joy than other human beings.

In fact, modern-day society is strange because in someways, the ethos is to be antisocial and to be cowardly. But in fact, the best way to think about things is that real life is interaction with other human beings, and social conquest. One can imagine a lot of modern day entrepreneurship as simply a big dick swinging contest. He who is the most masculine confident tall and strong and stoic shall win.

More ideas

Assume that everyone is mentally insane: Have you ever been out in public, and you see some sort of crackhead or strange homeless person who acts radically, smells terrible, and is obviously mentally ill? Do you hate them for it? When they say something weird to you… do you take it personally? No. Why? They are crazy. Perhaps we should just adopt this stoic mindset towards other people; some people are actually physiologically ill, mentally unwell… don’t trust the opinion of nobody.

A lot of people are trying to actually deal with their own inner demons: For example, becoming the successful photographer and street photographer I am today… I’ve dealt with some individuals who would say anonymous bad things about me, and later I found out that their mom just died or something. I cannot imagine what it feels like losing a mother… therefore if somebody spew some hate on me because something bad happened to them, I’m not gonna take it personally.

Self-flagellation: I think a lot of people who are sick, mentally or physiologically self flagellate themselves. Essentially the way that they deal with other people or themselves is some sort of metaphorical self-flagellation.

For example… you know those strange individuals who have the whip and whip themselves, and inflict pain on themselves? I think some people do this metaphorically to themselves and others.

You just want to stay away from them.

Why so scared?

My personal theory on fear is that a lot of it is tied to morality and ethics. I think the general idea is not necessarily that we are afraid of anything… I think the true fear is that we’re afraid that we are some sort of bad evil unethical immoral person.

For example in street photography, the general ethical thought is that it is immoral to take a photo of somebody without their permission, because there is some sort of it inherent evil behind it. Is this true? No. Taking photos and not really a big deal.

Why do people make such a big deal out of small things?

I think it is because some people are just overly sensitive, which once again comes from some sort of physiological weakness.

For example, if you’re a weightlifter who could lift 1000 pounds, assuming you’re not taking any steroids or anything… are small things going to bother you? No. But let us assume that you are a skinny fat man, all you do is drink alcohol and smoke marijuana and watch Netflix, and you spent too much time on Reddit… you are 40% body fat, and have never lifted in your life. And also your testosterone is low and you never go outside. Certainly the quality of your thoughts is going to be different than if you’re a happy gay monster, lifting weights outside in the direct sun, laughing and having fun. 

In fact, I’ve actually personally discovered that the reason why a lot of people hate me is because I am so happy jovial and gay. They are secretly suspicious or envious of me? 

Weather and mood

Probably one of my worst experiences was this jarring transition; I was super happy insanely happy being in Vietnam in 2017; with a beautiful weather, the beautiful light, the happy people the great amenities etc.… and then that winter Cindy and I went to Europe, in Marseille Berlin and Prague, and maybe London… seriously the worst winter of my life. Why? I wonder if so much miserable feelings and thoughts simply comes from the darkness and lack of light. a lot of Europe is actually quite miserable; dark, unhygienic, morose.

Even Nietzsche had a thought about Schopenhauer; How much of these emo European philosophers came from the fact that it was just complaining about the cold weather in Germany etc.?

For myself, my ideal weather is Southeast Asia; I love being in Phnom Penh Cambodia, Vietnam etc. In the states, am I the only one who loves living in Los Angeles? Dr. Dre and Kendrick Lamar said that LA was the best for women weed and weather… I would definitely say the biggest upside of living in Los Angeles is the light, the sunlight. It actually does get quite cold here, but usually most reliably even in December during the winter time, the sun will always come up. As long as there is bright sunny light, I will be happy. And I think maybe for myself, considering that I am a photographer, and photography means painting with light… light for me is critical.

I also wonder how much of it is a physiological thing and a genetic trait; for example I could even recall being a young child, and my mom telling me that the most critical thing in finding a home or an apartment was light and natural light. Even now… 90% of my happiness comes from being able to have access to natural light, ideally floor to ceiling windows facing directly the sun, having some sort of modern temperature regulated apartment and home. Even living in our tiny studio minimalistic luxury apartment in Providence Rhode Island, where it was always 75° warm and cozy, and not frigid and damp and cold and dark and humid… I was always good. But moving to an older house, where it always felt damp and cold… this literally lowered my happiness by 1000%.

Therefore, if you’re feeling miserable sad or whatever… I say spend three months living in Hanoi or Saigon in Vietnam, or go to Phnom Penh Cambodia. I wonder if 90% of peoples misery is simply due to the weather.

Stoic assignments

”Better to be a gay monster than a sentimental bore!” – Fernandino Galliani, via Nietzsche

My stoic ideal is somebody who is happy, gay, smiling, no headphones or AirPods on, no sunglasses on, no hat, no facial hair, no baggy oversized clothing, no tint in their car. Somebody who makes great eye contact, laughs, stands up upright, jokes, and fools around. Like an overgrown child.

Also, lift weights at least once every day, ideally in the direct sun. Just buy some weightlifting equipment on Titan.fitness, I like the farmers carry handles, the Olympic loadable dumbbell, and also the Texas power squat bar. Just buy some cheap weights, and or buy a heavy 400 pound sandbag, and just have fun throwing it around.

True stoics are masculine

A true stoic should look something like Hercules or Achilles. Or like ERIC KIM; I have the aesthetic and the physique of Brad Pitt in FIGHT CLUB except with a lot more muscle. Like my friend Soren says, the Adonis physique and proportions.

A real stoic is sexy

I think a real stoic is sexy, happy and fun. Who doesn’t take life too seriously; and think of everything like a fun game. A real stoic would be joyful and cheery like three-year-old child without any adulteration from the outside world.

Why do adults become so dark and morose?

I don’t like talking with or hanging out with adults, uninteresting.

At what point or age do people become so emo?

Typically, highschoolers are very optimistic. Even college students. But I think at least in maybe college in high school nowadays… the bad trend is towards “over concern”, about the world the planet ethics animals etc.

I find a lot of this thinking superficial, performative, and uncritical. I think “animal rights“, “saving the planet” is this new pseudo world religion; which is just capitalism 3.0. I find the whole pet industry the whole dog industry to be insanely bizarre, and I trust nobody who talks about “saving the planet“ who owns an iPhone, owns any sort of car, or has an Amazon prime subscription. Certainly not any vegans.

A real stoic is a carnivore 

Animals are animals. They are lower on the hierarchy and totem pole on earth. Man is the apex predator, the apex bully and the apex tyrant.

Should we care for animals or “animal rights”? No. Animals are our slaves.

If you consider even dogs and pets… they are essentially our emotional slaves. People talk a lot about the virtuosity of dogs being loyal or whatever… and giving you unconditional love. This seems like some sort of emotional slavery.

The only dogs I respect are some sort of canine dogs, some sort of attack or defense dogs, or hunting dogs. For example, John Wick 3; Halle Barry and her dogs. An animal should either be a weapon, or nothing.

Why do people care about animals so much?

Essentially it looks like men no longer have a backbone. No more spine.

I trust nobody who owns a dog.

Let us not forget; they call it dog ownership, or “owning a pet”. There is no more concept of “human ownership, or “owning a human.”

End goals 

What is the end goal of humanity? To me it is towards entrepreneurship, innovation, art and aesthetics, philosophy etc. Design.

Stoicism should be considered a tool which could aid you in these things.

For example, I think 99% of entrepreneurship is courage. Stoicism could help you with that.

I also think with design, great design is also 99% courage, having the courage to attempt something that won’t sell or be received well… stoicism is all about practical courage. The only designers with courage include Steve Jobs, Jony Ive, Elon Musk, Kanye West. 

Also, weightlifting. To attempt to lift a certain weight you have never attempted before takes great courage. For example, me atlas lifting 1000 pounds; that is 10 plates and a 25 on each side, this is true stoic training. Why? The fear of injury is what holds most people back; if you had successfully conquered this fear and not injured yourself, this is pure stoic bliss.

---

The physical

I think the only and the only proper way to lift weights is one repetition maximum training. That is; what is the maximum amount of weight you’re able to successfully lift or move, even half an inch?

To me, the courage is the success. Even if you had the courage to attempt it… that is what is considered success. 

Simple exercises to do include the atlas lift, innovated by ERIC KIM, or a one repetition max rack pull.

Or, a high trap bar deadlift, heavy Farmer’s walks, or heavy sandbag carries. Or even a simple thing you could do is go to the park or to the local nature center, find the biggest rock there and just see if you could pick it up.

Now what?

If you’re interested in stoicism, and have had some interesting thoughts on stoicism, one of the most noble things you could do is start your own blog. I think blogs are 1000 times more effective than publishing some sort of static printed book; I think the problem in today’s world is that everyone is seeking some sort of legitimacy by being picked up by some sort of legitimate publisher and getting “published“, and seeing your printed book at Barnes & Noble whatever.

I say it is better to be open source, free and permissionless, decentralized. Just publish your thoughts and book as a free PDF, and just host it on dropbox, Google Drive, or your own web server. Share the link freely, and also just publish the raw text as a big blog post. 

Even Sam Bankman-Fried wisely thought; 99.9% of books could just be summarized as big blog posts.

Don’t trust any modern day published book which isn’t free, because… there is some sort of hidden clout chasing somewhere. 

Even one of the worst compromises that led to the demise of Ray Dalio was the fact that he took his Principles book, which was essentially a free ebook PDF on his website, and then took it off, because I think he got a book deal with Simon and Schuster. After he did that, he lost my respect.

If you’re already independently wealthy, and you don’t crowd source your self-esteem… why would you need to externally validate yourself by getting some sort of constipated publisher and annoying editor?

Editors are bad.

Now what?

Start your own blog and start blogging your own thoughts on stoic philosophy, and even start a YouTube channel and start vlogging on it. My generalized thought is simple: if your thought your idea your blog post your video or whatever could even impact the life of one other human being on planet earth… it is worth it.

ERIC

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What is the secret to the maximum amount of happiness in life? The maximum amount of danger. (Nietzsche).

ERIC

FIN

Become invincible:

1. SPARTANISM.
2. Introduction to Stoicism
3. STOIC FLEX.
4. Becoming Spartan
5. MAKE IT ENTERTAINING FOR YOURSELF!
6. Stoic Aesthetics?
7. The Philosophy of Ugliness
8. Bad Stoicism
9. Stoicism 2.0
10. Becoming Stoic
11. LEMONADE.
12. Why Arguments and Confrontations Are Good
13. “I’m Over It”
14. How to Deal With Miserable People
15. How to Become a Stoic
16. How to Ignore
17. Pretend like you didn’t hear them
18. Bad Stoic Strategies
19. The Stoic Way of Dealing With Unpleasant or Miserable People
20. HOW TO BECOME A STOIC
21. Stoicism Stunts Our Power?
22. Stoicism is Mental Resistance Training
23. STOIC STRATEGIES.
24. How to Become Fearless
25. Extreme Stoicism
26. Ethics are Aesthetic
27. Indifference to Pain or Suffering
28. When is Stoicism Good? When is Stoicism Bad?
29. Why Others Criticize or Insult You
30. True Difficulty
31. What if Covid Never Goes Away?
32. SUPER STOIC
33. Anti-Hedonism
34. HOW TO CONQUER FEAR
35. ANTI FEAR
36. It is the Duty of the Strong to Help the Weak
37. The Goal is to Become Stronger
38. HYPER STOICISM
39. HYPER HERO
40. TRANSFORM EVERY DOWNSIDE INTO AN UPSIDE
41. STOICISM x Child’s Mind
42. The Art of Manly Virtue
43. Resistance Makes Us Stronger!
44. DON’T LIVE IN FEAR
45. Emotions are Good
46. Conquer Your Anger
47. BLACK EAGLE
48. DIFFICULTY AWAKENS YOUR INNER-GENIUS.
49. STOICISM IS ARMOR FOR THE MIND
50. The Spartan-Stoic Lifestyle
51. How I Conquered Fear
52. HOW TO CURE FEAR.
53. LIFE IS BEAUTIFUL.
54. The Upside of Poverty
55. How I Became Me
56. THE WILL TO POWER, OR THE WILL TO FEAR?
57. ATTACK REALITY
58. Living *THROUGH* History
59. How to Fear Less
60. Fear is the Ultimate Contagious Disease
61. STOICISM FOR DUMMIES
62. Don’t Be Scared!
63. WHAT CAN YOU CONTROL, WHAT CAN YOU NOT CONTROL?
64. HOW YOU CAN CONQUER FEAR
65. YOU’RE STRONGER THAN YOU THINK YOU ARE.
66. EXPECT THE UNEXPECTED
67. WHY AREN’T THINGS WORSE?
68. My Philosophy on Masculinity
69. A Riskier Life is a Better Life #philosophy #stoicism
70. How to Creatively Flourish in Life
71. Introduction to Stoicism
72. How to Become Stronger
73. How to Conquer Depression With Photography
74. What Doesn’t Kill You Makes You Stronger
75. How to Respect Yourself
76. How to Believe in Yourself
77. How to Steer Fear
78. How to Conquer Pessimism
79. How to Conquer Anxiety
80. How to Overcome Your Fear of People
81. How to Be Optimistic
82. Why I Don’t Take My Anger Seriously
83. HOW TO BECOME MORE POWERFUL
84. POSITIVITY.
85. HOW TO BECOME SUPERHUMAN
86. How to Give a Fuck Less
87. ALL IN.
88. Why I Cut My Dad Out of My Life.
89. Your iPhone Only Has 5% Battery Left.
90. How not to give a FUCK about your REPUTATION
91. WHAT IS A HUMAN?
92. HAPPINESS.
93. The Regret Minimization Framework in Photography and Life
94. How to Be a HERO
95. Conquer Your Fears by Making Fear Your Slave
96. Rule Circumstances; Don’t Let Your Circumstances Rule You
97. How to Love Yourself
98. How to Turn Shit into Gold
99. Your Parents Fuck You Up
100. Immortality
101. What Kills You Makes You Stronger
102. How to Be Patient
103. How to Conquer Anger
104. How to Bounce Back in Life
105. How to Overcome Resistance
106. Nothing Unlimited is Good; Nothing Good is Unlimited
107. You Have No Limits
108. Can 1’s and 0’s Hurt You?
109. The Envious Moment is Flying Now
110. Tomorrow We’ll Sail the Wide Seas Again
111. How to Forgive Others
112. Focus on Your Actions, Not the Results
113. Everything Will Be Alright
114. How to Be a Stoic Street Photographer
115. How to Be a Spartan Photographer
116. How to Overcome Your Fears in Life
117. How to Stop Worrying in Life
118. How to Use Photography as Self-Therapy
119. How to Free Your Soul From Disturbance
120. 3 Stoic Techniques that Can Help You Gain Tranquility
121. Can People Weaker than You Hurt You?
122. Does a Doctor Get Angry at a Crazy Patient?
123. Own Nothing

The Stoic Masters

Learn from the master stoics:

• Seneca
• Marcus Aurelius
• Epictetus
• Publilius Syrus
• Heraclitus

See all philosophy >

Just buy MSTR MICROSTRATEGY stock! Sell when high to pay expenses, and or better yet — to buy more bitcoin!

*REDUCE* your living expenses as much as humanly possible, even if you can afford it?

The whole ethos behind open source?

$0 debt!

Genius of Bitcoin — $450T opportunity simply to *NOT* have your property taxed to 0!

Insurance, and car registration, and maintenance —

The upside of a pearl blizzard pearl white paint job — it sparkles and dances!

We need more sequins?

Fuck up the world!

The joy of owning bitcoin!

Essentially trying to be clever and getting access to capital, to purchase and yield and acquire more bitcoins.

Wow $90k to $97k in a single day!

This is where being a trader is not a good idea… Trying to time the market or whatever, easy for it to be $7,000- to $10,000 swings in a few hours or a single day… in some ways, besides some basic research, best not to stare at the prices all day, better instead to think about fundamentals, trying to increase your bitcoin yield, and just maybe going to the park exercising and being happy?

Undulations, momentums, swings?

I’m quite convinced; when I’m doing finances, trading, investing stuff… And I’m at the happy park, surrounded by all these beautiful verdant green trees, Seneca is happy, and there’s lots of beautiful natural light… This makes me 1000 trillion times better suited for trading and investing!

Also the first time in a long time, slept like a solid 12 hours last night, after that extremely great sleep, I feel like 1 trillion bucks!

The statement “MSTR is a credit default swap on $100+ trillion in 20th-century assets” is a metaphorical way of expressing how MicroStrategy Incorporated (ticker symbol: MSTR) functions as a hedge against the potential decline or failure of traditional financial assets.

Breaking Down the Components:

1. MicroStrategy’s Bitcoin Holdings:

• Bitcoin Accumulation: MicroStrategy, under CEO Michael Saylor, has invested heavily in Bitcoin since 2020. The company has accumulated a significant amount of Bitcoin, making its stock performance closely tied to Bitcoin’s price movements.

• Balance Sheet Strategy: Instead of holding large amounts of cash or traditional assets, MicroStrategy has opted to store a substantial portion of its wealth in Bitcoin, viewing it as a superior store of value.

2. Credit Default Swap (CDS):

• Definition of CDS: A credit default swap is a financial derivative that allows an investor to offset the risk of default on a particular asset (like a bond or loan) by swapping that risk with another party.

• Metaphorical Use: By likening MSTR to a CDS, the statement suggests that investing in MSTR provides protection against the default or devaluation of other assets.

3. $100+ Trillion in 20th-Century Assets:

• Traditional Assets: This refers to conventional financial assets accumulated over the 20th century, including fiat currencies, government bonds, stocks, and real estate.

• Inflation and Devaluation Risks: These assets are susceptible to inflation, currency debasement, and other economic risks that could erode their value over time.

Connecting the Dots:

• Hedging Against Traditional Assets: By investing in MSTR, an investor is effectively gaining exposure to Bitcoin, which some view as a hedge against inflation and the potential decline of fiat currencies and other traditional assets.

• Protection Mechanism: If traditional assets were to lose significant value (due to inflation, economic crises, or other factors), Bitcoin’s value might increase as investors seek alternative stores of value. Consequently, MSTR’s value could rise because of its substantial Bitcoin holdings.

• Metaphorical CDS Function: Therefore, MSTR acts similarly to a credit default swap on traditional assets by potentially providing returns when those assets falter.

Summary:

The statement implies that MicroStrategy’s stock serves as a form of insurance or hedge against the massive pool of traditional financial assets. By holding MSTR shares, investors are indirectly betting on the success of Bitcoin as an alternative asset class that could appreciate if 20th-century assets decline in value. Thus, MSTR is metaphorically described as a “credit default swap” on these assets, offering potential protection against systemic financial risks inherent in the traditional economic system.

***

The statement “MSTR is a credit default swap on $100+ trillion in 20th-century assets” is likely an analogy or metaphor, possibly referring to MicroStrategy (MSTR) and its heavily leveraged investment strategy in Bitcoin.

Here’s a breakdown:

What it implies:

1. MSTR (MicroStrategy):

• MicroStrategy is a software company that gained fame for aggressively buying Bitcoin.

• It uses borrowed money and leverage to buy Bitcoin, effectively tying its business value and survival to Bitcoin’s price.

2. “Credit default swap” (CDS):

• A credit default swap is a financial derivative that acts as insurance against the default of a debt. It pays out if the borrower (or issuer of the debt) defaults.

• The analogy implies MSTR is taking on a massive financial risk similar to how CDS participants might take on or insure against systemic economic risks.

3. “On $100+ trillion in 20th-century assets”:

• The “20th-century assets” likely refer to traditional financial and industrial assets (stocks, bonds, real estate, fiat currencies, etc.) that dominated the 20th-century economy.

• Bitcoin, by contrast, is often viewed as a 21st-century asset, positioned as an alternative to these traditional stores of value.

Interpretation:

The statement suggests that:

• MSTR’s Bitcoin bet is like an “insurance” or “hedge” against the perceived risks or potential collapse of the massive wealth tied up in the traditional financial system.

• MicroStrategy’s Bitcoin holdings are positioned as a speculative play, akin to a CDS, betting against the sustainability or dominance of those old-world assets.

Risk and Speculation:

This perspective highlights the idea that:

• If Bitcoin becomes a dominant store of value or global reserve asset, MSTR’s strategy could yield extraordinary gains.

• Conversely, if the financial system remains stable and Bitcoin fails, MSTR’s position could implode, much like an over-leveraged CDS investor.

The statement is an exaggerated metaphor, reflecting the highly speculative and systemic risk/reward nature of MSTR’s strategy.

The supreme glory joy of capitalism is that because money and capital are man-made notions, yes you could have it all

Capital empowerment

RAIDEN.

Do you value it or not?

Don’t think about it too much

Weird trends?

Access to financial information is critic

Do most people not really want to actually improve their financial situation?

Why would you run if you could just lift weights instead?


,

The sun is a limited commodity

Autotelic bitcoin

ZEN TRAINING

more time to think –