Limited Knowledge but High Expectations

At the time of the Alaska Purchase in 1867, detailed knowledge about Alaska’s natural resources was limited. However, William H. Seward, the U.S. Secretary of State, had several reasons to believe in the potential wealth of the territory:

1. Reports from Russian Activities:

• Fur Trade: Russia had been engaged in the lucrative fur trade in Alaska since the late 18th century. The abundance of sea otters, seals, and other fur-bearing animals indicated rich wildlife resources.

• Exploration Accounts: Russian explorers and traders had documented their experiences, providing glimpses into Alaska’s natural environment.

2. Geographical Reasoning:

• Untapped Resources: Given Alaska’s vast size and diverse landscapes—including forests, mountains, and coastlines—Seward anticipated the presence of valuable resources such as timber, minerals, and fisheries.

• Similarity to Other Territories: Seward drew parallels between Alaska and other North American frontiers that had yielded significant resources upon exploration.

3. Strategic and Economic Speculation:

• Fishing Grounds: The rich fishing grounds of the North Pacific were of interest for expanding the American fishing industry.

• Mineral Potential: While not confirmed, there was speculation about the presence of gold and other minerals, which later proved accurate with subsequent gold rushes.

• Timber and Coal: The dense forests suggested a wealth of timber, and there were hints of coal deposits that could be valuable for energy.

Visionary Thinking

• Long-Term Investment: Seward viewed Alaska as a strategic long-term asset. Even without concrete evidence of specific resources, he believed that as the territory was explored and developed, its true value would become apparent.

• Expansion of Trade: He foresaw Alaska as a gateway to Asian markets, enhancing trade opportunities with countries like China and Japan.

Influence of Advisors and Explorers

• Expert Opinions: Seward consulted with explorers, traders, and scientists who supported the idea that Alaska held untapped resources.

• Interest from Other Nations: The fact that other powers, such as Britain, had shown interest in the region suggested potential value that the United States could capitalize on.

Conclusion

While Seward did not have definitive knowledge of all the natural resources in Alaska, he combined available information, logical reasoning, and a forward-thinking vision to justify the purchase. His belief in Alaska’s potential was driven by:

• Existing evidence of valuable fur resources and rich fisheries.

• Speculation about untapped mineral wealth and natural resources.

• Strategic importance for national security and future economic opportunities.

Seward’s foresight was later validated with the discovery of gold, oil, natural gas, and other valuable resources, confirming Alaska’s significant contribution to the United States.

Klondike gold rush 1890s

oil and gas

…

William H. Seward, the U.S. Secretary of State under President Andrew Johnson, was instrumental in the purchase of Alaska from Russia in 1867. His motivations for acquiring Alaska were driven by a combination of strategic, economic, and ideological factors.

Reasons Why Seward Wanted Alaska

1. Strategic Expansion and Manifest Destiny

• Belief in Manifest Destiny: Seward was a strong proponent of American expansionism. He believed in the concept of Manifest Destiny, the idea that the United States was destined to expand across the North American continent.

• Strategic Location: Alaska’s position offered significant strategic advantages. Seward foresaw that controlling Alaska would enhance America’s ability to project power and influence in the Pacific Rim and Asia, particularly with emerging markets like China and Japan.

2. Economic Potential

• Natural Resources: Although not fully explored at the time, Seward anticipated that Alaska possessed vast natural resources. These included:

• Fisheries: Rich fishing grounds that could bolster the American fishing industry.

• Timber and Minerals: Extensive forests and potential mineral wealth, including fur, coal, and later discovered gold and oil.

• Investment Opportunity: Seward saw Alaska as a long-term investment that could pay off economically as the territory was developed.

3. Preventing Foreign Influence

• Reducing Russian Presence: Purchasing Alaska eliminated the Russian presence from North America, reducing the risk of future conflicts over territory.

• Countering British Expansion: By acquiring Alaska, the U.S. prevented British-controlled Canada from surrounding the United States to the north and west, thereby limiting British influence on the continent.

4. Strengthening National Security

• Military Advantage: Control over Alaska would provide strategic military positioning, including naval bases that could be crucial in future conflicts.

• Buffer Zone: Alaska served as a buffer between the U.S. and potential adversaries across the Pacific, enhancing national security.

Overcoming Opposition

• Public Skepticism: Many contemporaries mocked the purchase as “Seward’s Folly” or “Seward’s Icebox”, seeing Alaska as a barren and frozen wasteland.

• Seward’s Persistence: Despite criticism, Seward remained convinced of Alaska’s value, successfully persuading Congress to approve the purchase for $7.2 million, roughly 2 cents per acre.

Long-Term Outcomes

• Economic Benefits: Seward’s vision proved foresighted with the later discoveries of:

• Gold: Sparking the Klondike Gold Rush in the 1890s.

• Oil and Gas: Alaska became a significant source of petroleum, contributing to U.S. energy supplies.

• Strategic Importance: Alaska’s location has been vital for:

• Military Operations: Especially during World War II and the Cold War, given its proximity to Russia.

• Global Trade Routes: Facilitating maritime navigation and trade across the Arctic and Pacific Oceans.

• Environmental and Cultural Richness: Alaska’s diverse ecosystems and indigenous cultures have become integral parts of America’s heritage.

Conclusion

William H. Seward’s desire to acquire Alaska was driven by a strategic vision for America’s expansion and prosperity. He recognized the potential economic resources, strategic advantages, and the importance of limiting foreign influence on the continent. Despite initial opposition and skepticism, the Alaska Purchase has been historically vindicated as a significant and beneficial acquisition for the United States.

1. Purchase History of Alaska

The Alaska Purchase (1867)

• Date of Purchase: March 30, 1867

• Parties Involved:

• United States: Represented by Secretary of State William H. Seward

• Russian Empire: Represented by Minister Eduard de Stoeckl

• Purchase Price: $7.2 million

• Equivalent to about 2 cents per acre

• Area Acquired: Approximately 586,412 square miles (about 375 million acres)

Context and Significance

• Russian Motivation:

• Financial difficulties and the costly burden of defending Alaska

• Concern over potential conflict with Britain, which could result in losing the territory without compensation

• American Motivation:

• Expansionist aspirations aligned with the doctrine of Manifest Destiny

• Interest in the natural resources and strategic advantages of the territory

• Public Reaction:

• Initially met with skepticism; critics dubbed it “Seward’s Folly” and “Seward’s Icebox”

• Many Americans saw it as a wasteland with little to offer

Outcome

• Resource Discovery:

• Gold Rushes: Notably the Klondike Gold Rush in 1896

• Oil and Gas: Major discoveries contributing significantly to the U.S. energy supply

• Statehood: Alaska became the 49th state on January 3, 1959

• Strategic Importance:

• Played a crucial role during World War II and the Cold War due to its proximity to Russia

2. Estimating the Annualized Rate of Return (ARR) for Alaska

Step 1: Confirming the Purchase Price

• Initial Investment (1867): $7,200,000

Step 2: Estimating the Current Land Value of Alaska

Total Area Conversion:

Average Land Value per Acre:

• Considering the vast undeveloped areas and lower population density, a conservative estimate is $1,000 per acre

Total Current Land Value:

• Estimated Current Value: $375.3 billion

Step 3: Calculating the Annualized Rate of Return (ARR)

Variables:

• Present Value (PV): $7,200,000

• Future Value (FV): $375,303,680,000

• Number of Years (n): 2024 – 1867 = 157 years

ARR Formula:

Calculations:

1. Compute the Growth Factor:

2. Calculate CAGR:

Step 4: Summary

• Initial Investment (1867): $7.2 million

• Estimated Current Value (2024): $375.3 billion

• Annualized Rate of Return: Approximately 7.17% over 157 years

3. The Concept of Manifest Destiny

Definition

Manifest Destiny was a 19th-century doctrine and belief that the expansion of the United States across the North American continent was both justified and inevitable, ordained by God to spread democracy and capitalism.

Origins

• Term Coined: By journalist John L. O’Sullivan in 1845

• Context: Used to advocate for the annexation of Texas and the Oregon Territory

Core Principles

1. Divine Providence: Belief that the U.S. had a God-given mission to expand westward.

2. Destined Expansion: The inevitability of U.S. territorial growth.

3. Spreading Ideals: Duty to spread democracy, freedom, and civilization.

Historical Context and Expansion

• Louisiana Purchase (1803): Doubled the nation’s size.

• Annexation of Texas (1845): Led to the Mexican-American War.

• Oregon Trail (1840s): Migration route for settlers moving west.

• Mexican Cession (1848): Acquisition of vast territories after the war with Mexico.

• Gadsden Purchase (1853): Acquired land for a southern transcontinental railroad.

• Alaska Purchase (1867): Extended U.S. territory into the Arctic.

Impact on U.S. Policy and Society

• Territorial Growth: The U.S. expanded from 13 colonies to a nation spanning coast to coast.

• Economic Development: Access to new resources, agricultural lands, and trade routes.

• Conflict with Indigenous Peoples:

• Displacement: Forced removal of Native American tribes (e.g., Trail of Tears)

• Wars and Treaties: Numerous conflicts resulting in loss of native lands and culture

• Slavery Expansion Debate:

• New territories intensified conflicts over slavery, contributing to the Civil War.

• Foreign Relations:

• Justified interventions and conflicts with neighboring countries.

Criticism and Controversies

• Ethnocentrism and Racism:

• Belief in Anglo-American superiority marginalized Native Americans and other groups.

• Imperialism:

• Viewed by some as a pretext for aggressive expansion and conquest.

• Moral and Ethical Concerns:

• The ideology justified the displacement and suffering of indigenous populations.

Legacy

• Cultural Influence:

• Shaped American identity and notions of exceptionalism.

• Modern Reflections:

• Ongoing debates about the consequences of Manifest Destiny on native peoples and international relations.

• Historical Significance:

• Set the stage for the United States to become a continental power and later a global influence.

Conclusion

The acquisition of Alaska, initially mocked as “Seward’s Folly,” has proven to be a strategic and economically beneficial decision for the United States, with an estimated annualized return of 7.17% over 157 years. This purchase, along with others during the 19th century, was influenced by the ideology of Manifest Destiny, which played a pivotal role in shaping the nation’s expansionist policies. While it facilitated the growth and emergence of the U.S. as a significant power, it also led to profound and often devastating impacts on indigenous populations and set the stage for future ethical and political debates.

Note: This estimation is a simplified analysis intended to provide a general understanding of the financial growth associated with the Alaska Purchase and the concept of Manifest Destiny. Actual historical and economic complexities are more nuanced and involve a range of factors not fully captured here.

We the new Bitcoin barons!

$5.24T —> current value of California

bought 1848, for 4.6$ million

8.25% ARR over 176 years!

***

Purchase History of California and Estimation of Annualized Rate of Return (ARR)

1. Purchase History of California

Acquisition through the Treaty of Guadalupe Hidalgo (1848):

• Mexican-American War (1846-1848): The conflict between the United States and Mexico culminated in the signing of the Treaty of Guadalupe Hidalgo on February 2, 1848.

• Territory Acquired: Under the treaty, Mexico ceded a vast region to the United States, known as the Mexican Cession. This territory included present-day California, Nevada, Utah, and parts of Arizona, New Mexico, Colorado, and Wyoming.

• Financial Terms:

• The United States agreed to pay $15 million to Mexico.

• Additionally, the U.S. assumed $3.25 million in debts owed by Mexico to American citizens.

• Significance:

• The acquisition significantly expanded U.S. territory, fulfilling the concept of Manifest Destiny—the belief that the U.S. was destined to expand across the North American continent.

• California’s inclusion was particularly valuable due to its vast natural resources and strategic Pacific coastline.

2. Estimating the Annualized Rate of Return (ARR) for California

To estimate the ARR from the acquisition cost to the present-day land value of California, we’ll follow these steps:

1. Determine California’s Share of the Purchase Price

2. Estimate the Current Land Value of California

3. Calculate the ARR using the Compound Annual Growth Rate (CAGR) formula

4. Present the Final Estimate

Step 1: Determine California’s Share of the Purchase Price

Total Purchase Price:

• $15 million for the entire Mexican Cession.

Area Comparison:

• Total Area of Mexican Cession:

• Approximately 529,189 square miles.

• Area of California:

• Approximately 163,696 square miles.

Calculating California’s Proportion:

California’s Share of the Purchase Price:

Step 2: Estimate the Current Land Value of California

Total Area of California in Acres:

Estimating Average Land Value per Acre:

California’s land values vary widely due to:

• Urban Areas: Cities like Los Angeles, San Francisco, and San Diego have extremely high land values.

• Agricultural Land: Central Valley and other agricultural regions have high-value farmland.

• Deserts and Mountains: Less valuable in terms of land price but may have mineral resources.

Approach to Estimation:

• Urban Land Value: Can exceed $1 million per acre.

• Agricultural Land Value: Averages around $10,000 to $20,000 per acre.

• Overall Average Value: For a conservative estimate, we’ll use an average land value of $50,000 per acre.

Calculating the Total Current Land Value:

• Estimated Current Value: $5.24 trillion

Step 3: Calculating the Annualized Rate of Return (ARR)

Variables:

• Present Value (PV): $4,641,000 (California’s share in 1848)

• Future Value (FV): $5,238,272,000,000 (Estimated current land value)

• Number of Years (n):

ARR (CAGR) Formula:

Calculations:

1. Compute the Growth Factor:

2. Calculate CAGR Using Logarithms for Precision:

• Result:

• Annualized Rate of Return (ARR): Approximately 8.25%

Step 4: Summary

• Initial Investment (1848): $4,641,000

• Estimated Current Value (2024): $5.24 trillion

• Annualized Rate of Return: 8.25% over 176 years

Important Considerations

• Simplifications and Assumptions:

• Average Land Value: The use of $50,000 per acre is a rough estimate to balance the extremely high urban land values with lower rural and undeveloped land values.

• Land Value vs. Property Value: The estimate focuses on land value alone, excluding the value of buildings and other improvements.

• Inflation and Purchasing Power: The calculation doesn’t adjust for inflation or changes in the purchasing power of money over time. $4.6 million in 1848 had significantly more purchasing power than the same amount today.

• Exclusion of Economic Benefits: The calculation doesn’t account for the economic activities, resource extraction, technological advancements, or strategic value that California has contributed to the United States.

• Historical Context:

• Population Growth: California’s population has grown from about 92,597 in 1850 to nearly 40 million today, significantly impacting land value.

• Economic Development: California is now the largest state economy in the U.S. and ranks among the largest economies globally.

• Discovery of Gold: The California Gold Rush (1848-1855) began shortly after the acquisition, dramatically increasing the region’s population and economic importance.

• Limitations:

• Data Availability: Precise current land values are difficult to ascertain due to fluctuations in the real estate market and lack of comprehensive data.

• Cultural and Ethical Considerations: The acquisition and subsequent development had profound effects on Indigenous populations and the environment, which are not reflected in monetary calculations.

Conclusion

Estimating the Annualized Rate of Return from the purchase of California in 1848 to its current estimated land value yields an approximate ARR of 8.25% over 176 years. This figure illustrates the substantial appreciation in land value and underscores California’s significant role in the economic growth of the United States.

Note: This estimation is a simplified calculation intended for illustrative purposes. Actual land values can vary widely based on numerous factors, and historical financial comparisons over such long periods involve complexities not fully captured in this brief analysis.

$15 million in 1803, now in 2024 worth $2.65 trillion!

5.61% ARR over 22@ years!

logarithmic growth!

***

To estimate the Annualized Rate of Return (ARR) from the original $15 million investment in 1803 to the current land value of the Louisiana Purchase territory, we’ll follow these steps:

1. Estimate the Current Land Value of the Louisiana Purchase Territory

2. Calculate the ARR using the Compound Annual Growth Rate (CAGR) formula

3. Present the Final Estimate

1. Estimating the Current Land Value

Area of the Louisiana Purchase:

• The Louisiana Purchase covered approximately 827,000 square miles.

• Conversion to acres: .

Estimating Average Land Value per Acre:

• The land encompasses a diverse range of terrains, including agricultural land, urban areas, forests, and mineral-rich regions.

• As of recent data, the average value of U.S. farm real estate is about $4,000 per acre.

• Urban and mineral-rich lands are significantly more valuable. To account for this, we’ll use a conservative average value of $5,000 per acre.

Total Current Land Value:

• Estimated Current Value: $2.65 trillion

2. Calculating the Annualized Rate of Return (ARR)

Formula:

• Present Value (PV): $15,000,000 (initial investment in 1803)

• Future Value (FV): $2,646,400,000,000 (estimated current value)

• n: Number of years from 1803 to 2024:

Calculations:

1. Compute the Growth Factor:

2. Calculate CAGR:

3. Using Logarithms for Precision:

• Calculate the natural logarithm:

• Divide by the number of periods:

• Exponentiate to find the growth rate:

• Subtract 1 to find the CAGR:

Result:

• Annualized Rate of Return (ARR): Approximately 5.61%

3. Summary

• Initial Investment (1803): $15 million

• Estimated Current Value (2024): $2.65 trillion

• Annualized Rate of Return: 5.61% over 221 years

Important Considerations:

• Simplifications:

• The estimate uses an average land value that doesn’t account for specific high-value urban areas or natural resources.

• It assumes consistent value across the entire territory, which is not the case in reality.

• Inflation and Currency Value:

• The calculation doesn’t adjust for inflation or changes in the purchasing power of money over time.

• $15 million in 1803 had significantly more purchasing power than $15 million today.

• Economic Impact Beyond Land Value:

• The Louisiana Purchase contributed to economic growth beyond land appreciation, including resource extraction, agriculture, and commerce.

• The strategic and geopolitical advantages are not quantified in this financial estimate.

Conclusion:

Estimating the ARR from the Louisiana Purchase to the present day yields an approximate annual return of 5.61%. This calculation provides a broad perspective on the financial growth of the investment over more than two centuries, highlighting the significant appreciation in land value and the long-term benefits of the acquisition.

The Louisiana Purchase was a landmark event in American history that took place in 1803. The United States acquired approximately 827,000 square miles of territory west of the Mississippi River from France, effectively doubling the size of the nation at that time.

Price:

• The U.S. bought the territory for $15 million.

• This equated to about four cents per acre, making it an incredibly lucrative deal for the expanding nation.

Historical Context:

• Negotiation: President Thomas Jefferson commissioned James Monroe and Robert R. Livingston to negotiate with France for the purchase of New Orleans and parts of Florida. However, Napoleon Bonaparte offered the entire Louisiana Territory.

• France’s Motive: Facing financial difficulties due to ongoing wars in Europe and a slave rebellion in Haiti, Napoleon decided to sell the territory to fund his military campaigns.

• U.S. Interest: Control over the Mississippi River and the port of New Orleans was crucial for trade and the transportation of goods for American farmers and merchants.

Significance:

• Territorial Expansion: The acquisition significantly expanded U.S. territory, promoting westward exploration and settlement.

• Economic Growth: It opened up vast tracts of land for agriculture, resource extraction, and trade.

• Lewis and Clark Expedition: Shortly after the purchase, Jefferson commissioned Meriwether Lewis and William Clark to explore the new territory, leading to important scientific and geographic discoveries.

Impact on Native Americans:

• The expansion led to increased displacement and conflicts with Native American tribes inhabiting the region.

• It set a precedent for future U.S. policies regarding territorial acquisition and indigenous relations.

Constitutional Considerations:

• The purchase raised questions about the constitutional authority of the federal government to acquire new land.

• Jefferson, a strict constitutionalist, grappled with the legality but ultimately proceeded, believing the opportunity was too significant to pass up.

Summary:

The Louisiana Purchase was a transformative event that reshaped the United States geographically, economically, and politically. It underscored the nation’s ambitions and set the stage for its emergence as a continental power.

Maybe $1,000-$15,000 in todays money

..

In 1626, the Dutch colonial governor Peter Minuit is traditionally credited with purchasing the island of Manhattan from the Lenape Native Americans. This transaction is one of the most famous real estate deals in history, often cited as the acquisition of Manhattan for goods worth 60 Dutch guilders—a sum historically equated to around $24.

Historical Context:

• Peter Minuit and the Dutch West India Company: Minuit was appointed by the Dutch West India Company to oversee the colony of New Netherland. His primary mission was to legitimize Dutch claims and establish peaceful relations with the Native Americans.

• The Lenape People: The Lenape were the indigenous inhabitants of the region. Their understanding of land ownership differed significantly from European concepts. They viewed land as a communal resource rather than a commodity to be bought and sold.

The Purchase Details:

• The Sum of 60 Guilders: The transaction involved trade goods valued at 60 guilders. Items likely included tools, clothing, beads, and other manufactured goods.

• Misconception of $24: The figure of $24 originated from a 19th-century conversion of 60 guilders into US dollars of that era. However, this conversion doesn’t account for inflation or the relative value of goods and services over time.

Modern Valuation:

• Adjusting for Inflation: Economists and historians have attempted to estimate the modern equivalent of 60 guilders in 1626. Estimates vary widely, ranging from $1,000 to $15,000 in today’s money.

• Value to the Lenape: The goods exchanged may have held significant practical value to the Lenape, offering tools and materials that were scarce in their society.

Cultural and Historical Significance:

• Differing Views on Land: The Lenape likely perceived the transaction as a mutual agreement to share land or resources, not as an outright sale.

• Legacy: The purchase symbolizes early interactions between European settlers and Native Americans, highlighting themes of misunderstanding and differing worldviews.

Additional Facts:

• Location of the Transaction: While Manhattan is the widely recognized location, some historians suggest the deal might have involved lands elsewhere in the region.

• Documentation: The primary source for the transaction is a letter dated November 5, 1626, from Pieter Schagen to the Dutch government, mentioning the purchase.

Conclusion:

The 1626 purchase of Manhattan is a complex historical event layered with cultural misunderstandings and economic ambiguities. While popularly remembered as the sale of Manhattan for a mere $24, the reality involves a nuanced interplay of economics, cultural perceptions, and historical context.

References:

• “The Island at the Center of the World” by Russell Shorto

• New Netherland Institute archives

• Historical currency conversion studies

If you have more questions about this topic or need further details, feel free to ask!

The Dutch guilder (NLG) was the currency of the Netherlands until 2002, when it was replaced by the euro (EUR). At the time of the transition, the exchange rate was fixed at:

1 Euro = 2.20371 Dutch guilders.

How to Estimate the Dutch Guilder in USD:

Since the euro is now the standard currency, the value of the Dutch guilder can be calculated indirectly using current EUR to USD exchange rates. Here’s the method:

1. Check the current EUR to USD exchange rate. For example, if 1 EUR = 1.10 USD.

2. Convert using the fixed rate:

• 1 Guilder ≈ 1 EUR ÷ 2.20371 ≈ 0.45378 EUR

• Convert to USD:

• 1 Guilder ≈ 0.45378 EUR × 1.10 USD ≈ 0.499 USD

Thus, 1 Dutch guilder would be approximately $0.50 USD today.

If you’d like me to calculate with today’s exact EUR/USD rate, let me know!

In 1626, historical records provide us with fascinating insights into economic and commodity prices, though much of the information is derived from estimates or documents from Europe. Here’s an overview of prices, trade, and economics during that period:

1. Key Economic Events

• Dutch Colonial Expansion: The Dutch were prominent in trade and colonization. In 1626, Peter Minuit of the Dutch West India Company famously “purchased” Manhattan Island from the Lenape Native Americans for 60 guilders’ worth of trade goods (equivalent to around $1,000 in modern terms, based on purchasing power).

• Dutch East India Company (VOC): This was the golden era of the Dutch VOC, controlling spice trade routes in Southeast Asia.

• Tulip Mania Beginnings: In the Netherlands, the tulip trade was gaining popularity, leading to one of the first speculative bubbles in history, which peaked in the 1630s.

2. Prices of Common Goods (Approximate Estimates)

Prices are mainly referenced in guilders (NLG) or pounds (in England).

Item Approximate Price (1626)

Bread (1 loaf) ~0.02-0.05 guilders

Butter (1 pound) ~0.25-0.5 guilders

Cheese (1 pound) ~0.4 guilders

Wheat (1 bushel) ~1.5 guilders

Beer (1 pint) ~0.02 guilders

Beef (1 pound) ~0.1 guilders

Spices (e.g., pepper) ~15-20 guilders per pound

Labor (daily wage) ~0.5-1 guilder for common labor

3. Exchange Value of Guilders in 1626

• Silver and Gold Standards: The guilder in 1626 was based on silver content. One guilder contained about 9.61 grams of silver.

• The value of silver at the time was around 2-3 guilders per ounce (approx. 30 grams).

4. Trade Goods and Prices in the Americas

Trade between Europe and the Americas often involved barter. Some goods traded for Native American furs or land in North America:

• Metal tools (axes, knives): Highly valued, equivalent to several furs.

• Beads and trinkets: Low intrinsic value but heavily used in negotiations.

• Cloth and textiles: Cost 2-3 guilders per yard in Europe.

5. Manhattan Purchase (1626)

Peter Minuit’s deal for Manhattan was valued at 60 guilders, often equated to around $1,000 in modern terms based on economic purchasing power. This would have been the equivalent of:

• ~1,200 loaves of bread

• ~150 pounds of butter

• ~40 bushels of wheat

Historical prices from 1626 offer a glimpse into the world economy, showing the relative simplicity and preciousness of certain goods. If you’re curious about specific items or regions, let me know!

$200T in decade

.

The mission is even greater

Max Keizer

Hope is the most powerful force

.

Building a better future for every generation

.

US strategic reserve

.

People who *defend* you — irregardless if you’re right or wrong?

A really insanely huge idea — being able to own the most valuable property on the planet, in the known human universe — the ability to own true cyber real estate — once again more the hard cap of 21 million coins!

3.8 million people live in LA, 12.8M people in greater LA area.

334 million people in America — 8 billion on the planet.

BIG BIT THOUGHTS.

Video podcast

Audio

I don’t think I know any human being on the planet who doesn’t want to be rich, or tries to increase their worth their net worth etc.

Doesn’t matter if you’re an investor, work for a charity, a church etc. Money and capital are critical, it is like our economic life blood.

For example, maybe you should think about blood. Blood is a critical and essential. Nobody could survive or thrive without blood.

Now imagine… That somebody is taking your help four-year-old child, in drawing a pint of blood from them a day. What is going to happen to the health of your kid? It will severely stunt his growth, or positively kill him.

Another thing… Imagine like you’re eating only rancid food your whole life, and the theory, you’re not going to die from it, but… Ain’t nobody want to eat rancid food.

Or, let us assume that you’re consuming certain foods to just keep you alive, like beans, but everyone knows that beans cause flatulence, even an ancient Roman times, and technically raw beans are toxic. Lagoons, naturally do not want to be eaten or consumed. And therefore the toxic shell membrane they create is probably to ward off predators.  And we clever humans, devised of ingenious ways to boil the shit out of them, just simply make them edible and not kill us. And the truth is, if you only ate beans you would not die, but… If you want to be the most demigod of them all, obviously you’re not going to be some sort of poverty person just consuming beans for some sort of strange higher altruistic purpose? Instead, you feast on the finest the bone marrow, the finest lamb ribs, just think about the hut of Achilles, what did he eat, and feed his guests?

Building empire on true capital

You know how they talk about life before Jesus life after Jesus, BC and AD… I am quite certain that a similar concept will happen with Satoshi. Like before Satoshi, life BS (before Satoshi, haha sounds like BS), and life AFTER Satoshi (AS).

 so the issue with being a modern day human or even American is that so much of the economic policies are obfuscated from the general public. For example. When I was in Saigon, in Vietnam off the grid, I had some time to critically think about economic theory and the like, to really try to critically understand on how currency is printed, made dominant around the planet, supported by US military force etc.

In fact, if you think about the whole American the US military complex, it is basically focused on pumping money into the military industry, in order to assert military dominance on the planet, so all the weaker nations will have to force to use our dollars and accept and use our dollars, And also… America being able to pile on infinite debt obligations, knowing that she never intends to pay any of it back.

Trillions of dollars of debt?

So if we think about that, we know about debt in context of just being a normal human being, we don’t really know and understand debt in terms of an American national policy.

For example, as a human being there’s a certain point in which numbers don’t really mean anything anymore. For example, I told you that the American national debt was 900 trillion, 45 trillion, $10 trillion, $18.3 trillion, would you be able to really understand or grasp this? Of course no!

We daily humans, assume that you’re making like I don’t know 40,000 60,000, $80,000 a year… Which means maybe let us say that after taxes you’re pulling in like five to $6000 a month. If this is the case, the law of large numbers; at a certain point certain numbers don’t really mean anything to us, nor are they connected to reality.

For example, the average American has never seen $1 million in their checking account or their bank balance, let alone 10 million, 100 million, 1 billion, 10 billion, 100 billion etc. 

There is a certain point in which numbers, ones and zeros, don’t really register in our brains.

Math and numbers are not natural

I always make the joke that I’m an Asian who is really really bad at math. And even now I am.

And ironically enough, out of all my friends or typical normal human beings I know, besides Elon Musk and Michael Saylor, I am like by far the most successful innovator entrepreneur and investor of all time. I know no other human in the flesh who has stacked as many bitcoins as I have, and pretty much for the most part I never had to ever or I never panic sold any of my bitcoin. Besides selling some bitcoin like three years ago to just max out my Roth IRA contribution for the year, which ultimately I guess was a good idea because that money went into microstrategy MSTR, which is growing at an alarming rate, – fortunately I had the wisdom of Odysseus; covering my ears and eyes with digital beeswax. 

Zen training

About it, in hindsight, maybe one of the most interesting things I did was quit email in the year 2017. I might check my email like every six months or so for like authentication codes to sign into random portals, but besides this, I no longer really use email as a form of communication. If I’m doing like a workshop and I need to communicate some sort of critical information,  then I’ll just copy and paste a bunch of emails, linked to Google sheets or something to send out a Zoom link or something. But besides this, email is really kind of a not good form of communication. Let us consider, i’m almost starting to feel like sending emails like sending a fax in the year 2024. I actually find it 1 trillion times more better to just FaceTime people as needed, — just think about it… All these sci-fi movies in the past, when they communicate with some sort of computer or AI, how do they do it? When you’re chatting with Jarvis it is all just a voice, and then you do the 3-D hologram thing with your hands like Tony Stark. Or if you’re Tony Stark in the Iron Man suit, what do you do? You talk to Jarvis naturally, when Jarvis is inside your helmet. In fact, I believe that the original Iron Man might be one of the best films of all time, I intend on watching it again.

Anyways, once again, there is no exciting movie which is actually about somebody taking out a phone like an iPhone and either sending you a text message quietly, and or, sending a long tedious email? This will not make a fun movie.

Anyways, as a consequence, I think the best concept is thinking about information information flows more critically, harder stronger faster. But knowing how to filter it.

The first idea is Twitter and X. It might be the world‘s newest most valuable and only useful social media platform, now that Elon Musk runs the show, and I’m like 1000% Elon, it is really truly the best and only place to get critical information about financial news etc. My thought is traditional news outlets will die a slow gradual death, just like blockbuster.

It’s funny, because I remember when I was in college, and I already saw my roommate Kevin ordering Netflix DVDs in the mail, which at the time I thought was very bizarre, but I knew that blockbuster was on the way out. I wanted to short blockbuster, but eventually did not because I just didn’t know how to do it, even now I’m not quite sure how to short a stock, it just seems too complicated.

Eric Semler

ERIC Semmler, one of the head honchos at semler scientific, is also on the bitcoin standard, using bitcoin yield, BTC yield as a measure of positive performance.

Funny enough he also shares my name.

Anyways, I listen to an interview between him and Natalie Brunel, and something was interesting was ERIC who has been in the game for a long time, the century said that shorting stocks is actually really really difficult and very rarely profitable. Rather a lot better to instead, to just go along in a positive way for a stock. And also I agree from a philosophical perspective, voting on the success of something, and voting on the success of a stocking company, to me almost morally an ethically feels superior; the reason being is that it just feels more positive and constructive. And also it might be more profitable?

---

Optimism and positivity is more profitable

Investing in bitcoin is kinda good for everybody, even if you’re like kind of anti-establishment, anti-capitalism… Bitcoin is a positively good thing. Why? If you invest in bitcoin and you purchase bitcoin, and you put yourself in your family on a bitcoin standard, the upside and positivity is that You are essentially giving a middle finger to the establishment, the “man”.

For example, anybody who is a non-conformist, punk rock, into rapper hip-hop culture whatever… Steve Jobs follower, etc., should be for bitcoin. Why? Because once again, it is anti-mainstream!

Even now, bitcoin is pretty much mainstream now. Whenever you check any of the news channels, what is the best news all the time, all day every day? Bitcoin! It is the only interesting news which is happening on the planet, and will always be the best news of all time.

In fact, my thought is ultimate new most important media people personalities etc. will be essentially people who work in TV Cinema media rappers podcast musicians bloggers vloggers thought leaders who philosophies and create content about bitcoin.

First, Bitcoin is like the new iPhone.  except the upside is that instead of every six months or a year or a year and a half, bitcoin is getting updated, all day, every day, every minute on the planet.

So for example, with the iPhone and Apple… All these Fan boys just jerking off to Apple rumor news, waiting for the next next next next big thing to come out that will totally change and revolutionized their lives creativity etc. But, come on guys, we’re all technologists here and digital natives– don’t we already know that the solution is staring in our face, bitcoin?

Why would a tech person be anti Bitcoin?

If you’re the type of person like you always want the newest iPhone Pro, Tesla, cyber truck, iPad Pro etc., isn’t also the same ethos be that you should always want the newest monetary technology which is bitcoin?

Once again, very bizarre.

Let us say you work at Apple Amazon Facebook Google Meta etc.… And your program or a software engineer, a developer, or somebody who works “tech”– is there any irrational reason you should be anti-bitcoin? No!

I would say maybe the only negative downside is if you work in tech and you are a lemming. Even now Reddit is dead; if you’re still on Reddit, you’re not it. 

Also, maybe the issue here is that you’re kind of old enough now, and you’re kind of mildly successful, but maybe the issue here is that too much of your net worth is tied into your company dog? Just sell it guys, buy bitcoin instead, And or just buy micro strategy MSTR stock instead.

The goal is to retire early isn’t it?

It doesn’t matter if you’re being paid like $10 million a year at Apple Amazon Google Facebook, nobody actually wants to be there. Maybe besides Tim Cook?

Let us consider, all of the innovators have left Apple. Jony Ive, and some people that I know who was in the head of the Apple Photos team.

The only ones who have stayed at the big companies is that maybe, they’re stuck in a rut, maybe they have a mortgage to pay or something.

Never have a mortgage

If you do the maths a mortgage is actually insanely expensive like 10,000 or $11,000 a month? To even pour more money into a sink sink hole, which has true negative yield? A very very bad idea.

It’s almost like it’s super cold outside, and you want to warm up by taking a nice hot bath. Can you turn on the bathwater, and you put up the plug, but, you kind of either leave the drain plug unplugged like halfway, or, You have it totally unplugged. So even if the water faucet is strong and the water is flowing into your tub at a quick rate, the rate in which the water goes down the drain might either be equal or lower than your input of water.

So maybe the same thing with income, like inflow, or like flowing hot water. Assuming you want a nice hot tub of water, you want to drain the plug, stop the plug, stop it up 100%, and you want the hot water to rise and fill! Maybe we should think about the same thing with investing, and money leverage,

Stop the water loss!

Ways in which we lose our economic water

We lose it when we have a mortgage on the home, and even a more pernicious thought; property taxes. Like let us say you buy that $2 million home in all cash, you’re still gonna be paying like 2500 or $2600 a month and adjust property taxes, which almost like attaching a leech to yourself which no matter what, the leech just sucks the blood out of you with no benefit to you.

Now I am all for taxes, taxes are good. Yet, because I’ve just rented my whole life, property ownership home ownership even owning a single-family home seems like such a scam; you buy the lot for like $1.1 million, you add an ADU additional dwelling unit in the back for like $350,000, and then you try to flip it for like $200,000 More? Isn’t it just way easier to just buy bitcoin instead?

Time cost to capital

The big reason is the cost to capital; all the headache and time to find the contractor to build the house, fix it up, renovate it, dealing with permits and all these headaches; and also your time cost to capital; so much time and headache and communication back-and-forth, is not really worth it. 

At this point because I’m dumb rich, to me the finances and the money aspect doesn’t really bother me, more of my concern and fear and dread is about having to deal with some sort of degenerate contractor, who buy the laws of physics and entropy will always be Late, more expensive, and will probably take one or two years longer than you expect.

don’t trust contractors

If you plan on doing the home thing, maybe the best idea is just approach things as if you will never hire help or a contractor? Then this way it could become more of a creative endeavor, and also, you know that you will never blame anyone else but yourself?

Even like changing your own oil, the virtues of changing your own oil is pretty funny; I hate feeling ripped off, and I always feel super stupid for paying somebody else to change my oil. Even though it’s a huge pain in the butt for me to do it myself, I just have like 1 trillion times more joy and pride that I changed my own oil in my 2010 Prius, With mobile 1 full synthetic, and a K&N performance oil filter. It’s funny when I drive, I always have a huge grin and sense of pride on my face because I knew that I changed my own oil, 1 trillion more times happiness than even maybe driving a cyber truck or a Lamborghini? Nobody cares about your four bitcoin Ferrari; Once again, what I find so disruptive is that now… You will feel more joy pride and happiness to own the bitcoin, because you will always remember the number in your head in your mind, and you’ll always smile when you see the price exploding, rather than being stuck in a Diluted asset, whether does that be your yacht, Ferrari or Lamborghini. Or even your Porsche.

If you really want to be happy, the optimal strategy assuming that you like own more than one car, or you don’t really need some sort of expensive performance vehicle that guzzles 91 octane gas, then I think optimal strategies to sell the extra car, and just buy bitcoin! In fact, if your goal is to actually make more money to upgrade to the next car, a funny strategy then is to just invest in bitcoin, write it up, make a shit load of money, and then just sell some of it later, to buy your next car.

---

Free open source introduction to bitcoin online zoom workshop

I’m super excited, the first time ever, I’m doing a free online open source zoom workshop, and don’t worry I will record it and post it later and share it with you because I feel like this is my new ethical imperative.

I’m going to do it December 14, Saturday 10am to noon, Pacific time LA TIME.

 to register for the workshop to get the Zoom link, just fill out your email informed here, and before the workshop date, maybe like a day prior or so, I’ll email you with a Zoom link.

FREE BITCOIN WORKSHOP REGISTRATION FORM

You could also see some more details here.

Essentially my vision is I just want to do a soft introduction to bitcoin the philosophy of it etc., the first hour hour and a half will just be like introductions and my lecture, and then I will leave some time at the end for questions and answers. It might go a bit over but whatever. 

It will be totally 100% open and free, and also open source, so feel free to send the link to your friends, your mom or your dad who doesn’t really understand bitcoin, also I am fluent in Korean and Vietnamese, and also Spanish if you have some sort of bilingual parents you want to bring along.

> FREE BITCOIN WORKSHOP REGISTRATION FORM

You could also see some more details here.

Also,

ERIC KIM WORKSHOPS >

---

How to get started

1. Michael.com or hope.com
2. Follow @Saylor on Twitter x
3. Read “The Bitcoin Standard”– basically it is a soft introduction to monetary history, which is super fascinating
4. Watch the whole “what is money”, series with Michael Breedlove and Michael Saylor.
5. If you want to learn more about monetary philosophy, read the Emily Wilson translation of the Iliad, and think about how is it that in the world before money they were able to function just with oxen?
6. Google the free PDF of “Della Moneta” by Fernandinho Galliani — probably the most interesting book I’ve read on the philosophy in history on money, published like 300 years ago.

More thoughts to come!

EK BLOG

EK NEWS

And also whenever in doubt,

START HERE >

---

BIG BIT THOUGHTS.

I don’t think I know any human being on the planet who doesn’t want to be rich, or tries to increase their worth their net worth etc.

Doesn’t matter if you’re an investor, work for a charity, a church etc. Money and capital are critical, it is like our economic life blood.

For example, maybe you should think about blood. Blood is a critical and essential. Nobody could survive or thrive without blood.

Now imagine… That somebody is taking your help four-year-old child, in drawing a pint of blood from them a day. What is going to happen to the health of your kid? It will severely stunt his growth, or positively kill him.

Another thing… Imagine like you’re eating only rancid food your whole life, and the theory, you’re not going to die from it, but… Ain’t nobody want to eat rancid food.

Or, let us assume that you’re consuming certain foods to just keep you alive, like beans, but everyone knows that beans cause flatulence, even an ancient Roman times, and technically raw beans are toxic. Lagoons, naturally do not want to be eaten or consumed. And therefore the toxic shell membrane they create is probably to ward off predators.  And we clever humans, devised of ingenious ways to boil the shit out of them, just simply make them edible and not kill us. And the truth is, if you only ate beans you would not die, but… If you want to be the most demigod of them all, obviously you’re not going to be some sort of poverty person just consuming beans for some sort of strange higher altruistic purpose? Instead, you feast on the finest the bone marrow, the finest lamb ribs, just think about the hut of Achilles, what did he eat, and feed his guests?

Building empire on true capital

You know how they talk about life before Jesus life after Jesus, BC and AD… I am quite certain that a similar concept will happen with Satoshi. Like before Satoshi, life BS (before Satoshi, haha sounds like BS), and life AFTER Satoshi (AS).

 so the issue with being a modern day human or even American is that so much of the economic policies are obfuscated from the general public. For example. When I was in Saigon, in Vietnam off the grid, I had some time to critically think about economic theory and the like, to really try to critically understand on how currency is printed, made dominant around the planet, supported by US military force etc.

In fact, if you think about the whole American the US military complex, it is basically focused on pumping money into the military industry, in order to assert military dominance on the planet, so all the weaker nations will have to force to use our dollars and accept and use our dollars, And also… America being able to pile on infinite debt obligations, knowing that she never intends to pay any of it back.

Trillions of dollars of debt?

So if we think about that, we know about debt in context of just being a normal human being, we don’t really know and understand debt in terms of an American national policy.

For example, as a human being there’s a certain point in which numbers don’t really mean anything anymore. For example, I told you that the American national debt was 900 trillion, 45 trillion, $10 trillion, $18.3 trillion, would you be able to really understand or grasp this? Of course no!

We daily humans, assume that you’re making like I don’t know 40,000 60,000, $80,000 a year… Which means maybe let us say that after taxes you’re pulling in like five to $6000 a month. If this is the case, the law of large numbers; at a certain point certain numbers don’t really mean anything to us, nor are they connected to reality.

For example, the average American has never seen $1 million in their checking account or their bank balance, let alone 10 million, 100 million, 1 billion, 10 billion, 100 billion etc. 

There is a certain point in which numbers, ones and zeros, don’t really register in our brains.

Math and numbers are not natural

I always make the joke that I’m an Asian who is really really bad at math. And even now I am.

And ironically enough, out of all my friends or typical normal human beings I know, besides Elon Musk and Michael Saylor, I am like by far the most successful innovator entrepreneur and investor of all time. I know no other human in the flesh who has stacked as many bitcoins as I have, and pretty much for the most part I never had to ever or I never panic sold any of my bitcoin. Besides selling some bitcoin like three years ago to just max out my Roth IRA contribution for the year, which ultimately I guess was a good idea because that money went into microstrategy MSTR, which is growing at an alarming rate, – fortunately I had the wisdom of Odysseus; covering my ears and eyes with digital beeswax. 

Zen training

About it, in hindsight, maybe one of the most interesting things I did was quit email in the year 2017. I might check my email like every six months or so for like authentication codes to sign into random portals, but besides this, I no longer really use email as a form of communication. If I’m doing like a workshop and I need to communicate some sort of critical information,  then I’ll just copy and paste a bunch of emails, linked to Google sheets or something to send out a Zoom link or something. But besides this, email is really kind of a not good form of communication. Let us consider, i’m almost starting to feel like sending emails like sending a fax in the year 2024. I actually find it 1 trillion times more better to just FaceTime people as needed, — just think about it… All these sci-fi movies in the past, when they communicate with some sort of computer or AI, how do they do it? When you’re chatting with Jarvis it is all just a voice, and then you do the 3-D hologram thing with your hands like Tony Stark. Or if you’re Tony Stark in the Iron Man suit, what do you do? You talk to Jarvis naturally, when Jarvis is inside your helmet. In fact, I believe that the original Iron Man might be one of the best films of all time, I intend on watching it again.

Anyways, once again, there is no exciting movie which is actually about somebody taking out a phone like an iPhone and either sending you a text message quietly, and or, sending a long tedious email? This will not make a fun movie.

Anyways, as a consequence, I think the best concept is thinking about information information flows more critically, harder stronger faster. But knowing how to filter it.

The first idea is Twitter and X. It might be the world‘s newest most valuable and only useful social media platform, now that Elon Musk runs the show, and I’m like 1000% Elon, it is really truly the best and only place to get critical information about financial news etc. My thought is traditional news outlets will die a slow gradual death, just like blockbuster.

It’s funny, because I remember when I was in college, and I already saw my roommate Kevin ordering Netflix DVDs in the mail, which at the time I thought was very bizarre, but I knew that blockbuster was on the way out. I wanted to short blockbuster, but eventually did not because I just didn’t know how to do it, even now I’m not quite sure how to short a stock, it just seems too complicated.

Eric Semler

ERIC Semmler, one of the head honchos at semler scientific, is also on the bitcoin standard, using bitcoin yield, BTC yield as a measure of positive performance.

Funny enough he also shares my name.

Anyways, I listen to an interview between him and Natalie Brunel, and something was interesting was ERIC who has been in the game for a long time, the century said that shorting stocks is actually really really difficult and very rarely profitable. Rather a lot better to instead, to just go along in a positive way for a stock. And also I agree from a philosophical perspective, voting on the success of something, and voting on the success of a stocking company, to me almost morally an ethically feels superior; the reason being is that it just feels more positive and constructive. And also it might be more profitable?

---

Optimism and positivity is more profitable

Investing in bitcoin is kinda good for everybody, even if you’re like kind of anti-establishment, anti-capitalism… Bitcoin is a positively good thing. Why? If you invest in bitcoin and you purchase bitcoin, and you put yourself in your family on a bitcoin standard, the upside and positivity is that You are essentially giving a middle finger to the establishment, the “man”.

For example, anybody who is a non-conformist, punk rock, into rapper hip-hop culture whatever… Steve Jobs follower, etc., should be for bitcoin. Why? Because once again, it is anti-mainstream!

Even now, bitcoin is pretty much mainstream now. Whenever you check any of the news channels, what is the best news all the time, all day every day? Bitcoin! It is the only interesting news which is happening on the planet, and will always be the best news of all time.

In fact, my thought is ultimate new most important media people personalities etc. will be essentially people who work in TV Cinema media rappers podcast musicians bloggers vloggers thought leaders who philosophies and create content about bitcoin.

First, Bitcoin is like the new iPhone.  except the upside is that instead of every six months or a year or a year and a half, bitcoin is getting updated, all day, every day, every minute on the planet.

So for example, with the iPhone and Apple… All these Fan boys just jerking off to Apple rumor news, waiting for the next next next next big thing to come out that will totally change and revolutionized their lives creativity etc. But, come on guys, we’re all technologists here and digital natives– don’t we already know that the solution is staring in our face, bitcoin?

Why would a tech person be anti Bitcoin?

If you’re the type of person like you always want the newest iPhone Pro, Tesla, cyber truck, iPad Pro etc., isn’t also the same ethos be that you should always want the newest monetary technology which is bitcoin?

Once again, very bizarre.

Let us say you work at Apple Amazon Facebook Google Meta etc.… And your program or a software engineer, a developer, or somebody who works “tech”– is there any irrational reason you should be anti-bitcoin? No!

I would say maybe the only negative downside is if you work in tech and you are a lemming. Even now Reddit is dead; if you’re still on Reddit, you’re not it. 

Also, maybe the issue here is that you’re kind of old enough now, and you’re kind of mildly successful, but maybe the issue here is that too much of your net worth is tied into your company dog? Just sell it guys, buy bitcoin instead, And or just buy micro strategy MSTR stock instead.

The goal is to retire early isn’t it?

It doesn’t matter if you’re being paid like $10 million a year at Apple Amazon Google Facebook, nobody actually wants to be there. Maybe besides Tim Cook?

Let us consider, all of the innovators have left Apple. Jony Ive, and some people that I know who was in the head of the Apple Photos team.

The only ones who have stayed at the big companies is that maybe, they’re stuck in a rut, maybe they have a mortgage to pay or something.

Never have a mortgage

If you do the maths a mortgage is actually insanely expensive like 10,000 or $11,000 a month? To even pour more money into a sink sink hole, which has true negative yield? A very very bad idea.

It’s almost like it’s super cold outside, and you want to warm up by taking a nice hot bath. Can you turn on the bathwater, and you put up the plug, but, you kind of either leave the drain plug unplugged like halfway, or, You have it totally unplugged. So even if the water faucet is strong and the water is flowing into your tub at a quick rate, the rate in which the water goes down the drain might either be equal or lower than your input of water.

So maybe the same thing with income, like inflow, or like flowing hot water. Assuming you want a nice hot tub of water, you want to drain the plug, stop the plug, stop it up 100%, and you want the hot water to rise and fill! Maybe we should think about the same thing with investing, and money leverage,

Stop the water loss!

Ways in which we lose our economic water

We lose it when we have a mortgage on the home, and even a more pernicious thought; property taxes. Like let us say you buy that $2 million home in all cash, you’re still gonna be paying like 2500 or $2600 a month and adjust property taxes, which almost like attaching a leech to yourself which no matter what, the leech just sucks the blood out of you with no benefit to you.

Now I am all for taxes, taxes are good. Yet, because I’ve just rented my whole life, property ownership home ownership even owning a single-family home seems like such a scam; you buy the lot for like $1.1 million, you add an ADU additional dwelling unit in the back for like $350,000, and then you try to flip it for like $200,000 More? Isn’t it just way easier to just buy bitcoin instead?

Time cost to capital

The big reason is the cost to capital; all the headache and time to find the contractor to build the house, fix it up, renovate it, dealing with permits and all these headaches; and also your time cost to capital; so much time and headache and communication back-and-forth, is not really worth it. 

At this point because I’m dumb rich, to me the finances and the money aspect doesn’t really bother me, more of my concern and fear and dread is about having to deal with some sort of degenerate contractor, who buy the laws of physics and entropy will always be Late, more expensive, and will probably take one or two years longer than you expect.

don’t trust contractors

If you plan on doing the home thing, maybe the best idea is just approach things as if you will never hire help or a contractor? Then this way it could become more of a creative endeavor, and also, you know that you will never blame anyone else but yourself?

Even like changing your own oil, the virtues of changing your own oil is pretty funny; I hate feeling ripped off, and I always feel super stupid for paying somebody else to change my oil. Even though it’s a huge pain in the butt for me to do it myself, I just have like 1 trillion times more joy and pride that I changed my own oil in my 2010 Prius, With mobile 1 full synthetic, and a K&N performance oil filter. It’s funny when I drive, I always have a huge grin and sense of pride on my face because I knew that I changed my own oil, 1 trillion more times happiness than even maybe driving a cyber truck or a Lamborghini? Nobody cares about your four bitcoin Ferrari; Once again, what I find so disruptive is that now… You will feel more joy pride and happiness to own the bitcoin, because you will always remember the number in your head in your mind, and you’ll always smile when you see the price exploding, rather than being stuck in a Diluted asset, whether does that be your yacht, Ferrari or Lamborghini. Or even your Porsche.

If you really want to be happy, the optimal strategy assuming that you like own more than one car, or you don’t really need some sort of expensive performance vehicle that guzzles 91 octane gas, then I think optimal strategies to sell the extra car, and just buy bitcoin! In fact, if your goal is to actually make more money to upgrade to the next car, a funny strategy then is to just invest in bitcoin, write it up, make a shit load of money, and then just sell some of it later, to buy your next car.

---

Free open source introduction to bitcoin online zoom workshop

I’m super excited, the first time ever, I’m doing a free online open source zoom workshop, and don’t worry I will record it and post it later and share it with you because I feel like this is my new ethical imperative.

I’m going to do it December 14, Saturday 10am to noon, Pacific time LA TIME.

 to register for the workshop to get the Zoom link, just fill out your email informed here, and before the workshop date, maybe like a day prior or so, I’ll email you with a Zoom link.

FREE BITCOIN WORKSHOP REGISTRATION FORM

You could also see some more details here.

Essentially my vision is I just want to do a soft introduction to bitcoin the philosophy of it etc., the first hour hour and a half will just be like introductions and my lecture, and then I will leave some time at the end for questions and answers. It might go a bit over but whatever. 

It will be totally 100% open and free, and also open source, so feel free to send the link to your friends, your mom or your dad who doesn’t really understand bitcoin, also I am fluent in Korean and Vietnamese, and also Spanish if you have some sort of bilingual parents you want to bring along.

> FREE BITCOIN WORKSHOP REGISTRATION FORM

You could also see some more details here.

Also,

ERIC KIM WORKSHOPS >

---

How to get started

1. Michael.com or hope.com
2. Follow @Saylor on Twitter x
3. Read “The Bitcoin Standard”– basically it is a soft introduction to monetary history, which is super fascinating
4. Watch the whole “what is money”, series with Michael Breedlove and Michael Saylor.
5. If you want to learn more about monetary philosophy, read the Emily Wilson translation of the Iliad, and think about how is it that in the world before money they were able to function just with oxen?
6. Google the free PDF of “Della Moneta” by Fernandinho Galliani — probably the most interesting book I’ve read on the philosophy in history on money, published like 300 years ago.

More thoughts to come!

EK BLOG

EK NEWS

And also whenever in doubt,

START HERE >

---

Building your empire on bitcoin, a very very strong and sound and great idea!

SEMLER is on the BTC standard!

Do you remember Kodak brownies and the like? Obviously digital photograph absolutely crushed Kodak, even though ironically Kodak I think made the first digital camera?

Also, the very foolish and shortsighted thing that conducted; she almost self sabotage herself by kind of trying to kill off her own digital camera, concerned that we would eat into the profits of her film business.

A similar insight; Steve Jobs, upon unleashing the iPhone, obviously he knew that it was going to eat into the iPod iPod touch market, but obviously it was the right step forward.

The innovators dilemma

This is a book that apparently Steve Jobs recommended everyone to read. The general idea is that the paradox and difficulty that innovator’s face is that in order to innovate something new, you kind of need to kill your own business, even have the courage to self cannibalize if necessary.

So for example, I think Ford has done a decent job at this semi trying to get into the electric car market, instead of just hoarding her gas guzzler cars.

But the difficulty of a Ford or any other car company is that because they did not start off 100% carte blanche electric, they’re never going to catch up to Tesla,

Do you remember in the early days of Tesla, in which the evaluation was far greater than that of any major car company and everyone thought that it was insanely overvalued? Who is laughing now?

Other megatrends

So a book that nobody knows about is the mobile wave by Michael Saylor; in which he accurately predicts that mobile phones, mobile technology, all the big magnificent seven companies to take over the world. He predicted the success of Amazon Facebook Twitter Google and Apple before anyone really took notice.

In fact I recommend everyone to read them all way, because it shows the inside that Michael Saylor is not new to the game; he’s been in the game for a long time, over 30 years. Apparently he has seen his stock drop to an ALL TIME LOW of $.20, And now it is currently in the mid 400s.

It doesn’t really matter if you’re right

So I guess I was right all along about bitcoin, ever since I bought like 2.2 bitcoins or 2.4 bitcoins for about 20,000 or $25,000, back in 2018 when bitcoin was only around $6000-$7000 a coin.  sing that we’re about to have the hundred K party, I’ve almost I guess like 12 or 13 X ‘d my initial prediction?

Anyways, if you’re right about bitcoin and was right about bitcoin… And no no no bitcoin is not gonna drop down to like 60,000 or 30,000, that does not how engineering works. For people who think that bitcoin is risky, ask people… Is it risky to cross the bridge or go on a flight? No. Why? Things were engineered that way!

With bitcoin, you’re not gonna have all these people who you’re trying to proselytize turn around and tell you that you were right, and shower you with good news. No no no, they might either feel low-key envious or jealous of you, and won’t probably really say much. This is also why I don’t really tell people about bitcoin too much if they don’t seem like they have a strong need for it; for example my uncle who’s worked in the jewelry business for like over 30 years, he wants to retire, and I’m kind of in the process of helping him Sell his gold and his other reserves and stuff, in order to buy bitcoin. Even he at the age of 64, being a gold jeweler for like over 30 years know that bitcoin is the future. But his issues that he cannot stomach the volatility, he says it is like drugs, “mah-yyak”– when I was with him last I just set him up with Coinbase, and just bought the daily maximum for his account which was $3500, I think we bought windows around $65,000 a coin, and already it’s like $99,000 a coin. But once again, I think the difficult thing with bitcoin is that like is probably the most addictive crack cocaine on the planet, because it is being traded 24 7, it is extremely volatile because volatility is vitality. Anything that is allowed to trade every single waking moment, on weekends as well as the evenings, and also bank holidays, is going to have more volatility because people are just bored at home, they cannot play the traditional market so they’re going to just try to buy and sell bitcoin, do some sort of weird options trading to try to squeeze a few bucks here and there.

Disruption and innovation

I was randomly think about Peter Thiel and his zero to one book; I think if you thought about bitcoin like a year or two ago, you might’ve seen that are artificial intelligence in AI was the right bet. But no, it is most certainly bitcoin.

Why? Assuming that the world runs on money, and bitcoin is perfect money, it is like maybe 80 to 90% the solution to the problems of humanity.

For example, what are the greatest bad things that happened to humans? It mostly has to deal with financial distress. I almost wonder people who get addicted to gambling, drugs, cycles of poverty is because the money right now the fiat currency is toxic. You cannot blame somebody for remaining sick if they only have a sewer water to drink, and they have kids and are also forced to feed their kids sewer water.

It doesn’t matter how smart hard-working or intelligent you are, as long as you’re drinking sore water, you’re going to perpetually be sick, throwing up, permanently infected with cholera.

Clean water

So you know you have all these Crusades on the Internet and charity is talking about providing clean water to like poor kids in Africa? I think the same thing with bitcoin– it is like the chance to give clean water to 8 billion people on the planet. Except instead of water, it is clean money. Nontoxic money.

Why money matters

It matters if you’re at church a nonprofit a charity, mother Teresa Gandhi etc. Matters if you’re at school, a parent organization, if you have kids you’re single own a dog whatever. Ultimately you’re going to have to pay the rent, pay your mortgage, or pay property taxes. I don’t think there is anyone spot on the planet in which you cannot live or survive without money a banking account or Notes.

Even all these weirdos who try to buy a $200,000 AMG sprinter van and live off the grid with star Link or whatever, you still need money, and sooner or later you’re going to have to need some sort of semi permanent address, ideally your mom‘s house or your wife’s family‘s house or something. Because for the most part if you’re American, at this point you cannot really survive without having a single address for doing taxes and stuff. And I also think that now, unfortunately you also need a cell phone number, or else you cannot even apply for basic stuff, because you’re going to have to get the one time password authentication code codes texted to your phone.

Anyways, it’s gonna be a big deal once Apple integrate bitcoin into her iCloud ecosystem. This is actually a very very big opportunity for Apple; the head of security, on the planet and privacy… If Apple were able to provide security to your bitcoin or your keys or whatever, Wooden apple being in some way is the best custodian?

Even better yet… We already have our bank of counseling to Apple Pay. Wouldn’t it just makes sense for you to buy bitcoin directly on an iPhone using Apple Pay, and store it on your iPhone and or iCloud Apple ID account?

it is all on the cloud

For people who don’t trust the cloud I get it, but still… For all practical purposes I think the cloud is like 1 trillion times safer than cold storage options. For example even me, all my photos are backed up to dropbox, Google Drive and Apple photos. Even worst case scenario all my photos get deleted, it’s OK I could start again!

I think especially with Apple Apple ID Face ID touch print thumb ID, it’s almost the most logical way to feel secure with your bitcoin.

Everyone is a denial and a skeptic until they are a bitcoin maximalist

Larry Fink, CEO Blackrock, even Michael Saylor.  even Donald Trump!

Why Photographers Should Understand Bitcoin

Do you remember Kodak brownies and the like? Obviously digital photograph absolutely crushed Kodak, even though ironically Kodak I think made the first digital camera?

Also, the very foolish and shortsighted thing that conducted; she almost self sabotage herself by kind of trying to kill off her own digital camera, concerned that we would eat into the profits of her film business.

A similar insight; Steve Jobs, upon unleashing the iPhone, obviously he knew that it was going to eat into the iPod iPod touch market, but obviously it was the right step forward.

The innovators dilemma

This is a book that apparently Steve Jobs recommended everyone to read. The general idea is that the paradox and difficulty that innovator’s face is that in order to innovate something new, you kind of need to kill your own business, even have the courage to self cannibalize if necessary.

So for example, I think Ford has done a decent job at this semi trying to get into the electric car market, instead of just hoarding her gas guzzler cars.

But the difficulty of a Ford or any other car company is that because they did not start off 100% carte blanche electric, they’re never going to catch up to Tesla,

Do you remember in the early days of Tesla, in which the evaluation was far greater than that of any major car company and everyone thought that it was insanely overvalued? Who is laughing now?

Other megatrends

So a book that nobody knows about is the mobile wave by Michael Saylor; in which he accurately predicts that mobile phones, mobile technology, all the big magnificent seven companies to take over the world. He predicted the success of Amazon Facebook Twitter Google and Apple before anyone really took notice.

In fact I recommend everyone to read them all way, because it shows the inside that Michael Saylor is not new to the game; he’s been in the game for a long time, over 30 years. Apparently he has seen his stock drop to an ALL TIME LOW of $.20, And now it is currently in the mid 400s.

It doesn’t really matter if you’re right

So I guess I was right all along about bitcoin, ever since I bought like 2.2 bitcoins or 2.4 bitcoins for about 20,000 or $25,000, back in 2018 when bitcoin was only around $6000-$7000 a coin.  sing that we’re about to have the hundred K party, I’ve almost I guess like 12 or 13 X ‘d my initial prediction?

Anyways, if you’re right about bitcoin and was right about bitcoin… And no no no bitcoin is not gonna drop down to like 60,000 or 30,000, that does not how engineering works. For people who think that bitcoin is risky, ask people… Is it risky to cross the bridge or go on a flight? No. Why? Things were engineered that way!

With bitcoin, you’re not gonna have all these people who you’re trying to proselytize turn around and tell you that you were right, and shower you with good news. No no no, they might either feel low-key envious or jealous of you, and won’t probably really say much. This is also why I don’t really tell people about bitcoin too much if they don’t seem like they have a strong need for it; for example my uncle who’s worked in the jewelry business for like over 30 years, he wants to retire, and I’m kind of in the process of helping him Sell his gold and his other reserves and stuff, in order to buy bitcoin. Even he at the age of 64, being a gold jeweler for like over 30 years know that bitcoin is the future. But his issues that he cannot stomach the volatility, he says it is like drugs, “mah-yyak”– when I was with him last I just set him up with Coinbase, and just bought the daily maximum for his account which was $3500, I think we bought windows around $65,000 a coin, and already it’s like $99,000 a coin. But once again, I think the difficult thing with bitcoin is that like is probably the most addictive crack cocaine on the planet, because it is being traded 24 7, it is extremely volatile because volatility is vitality. Anything that is allowed to trade every single waking moment, on weekends as well as the evenings, and also bank holidays, is going to have more volatility because people are just bored at home, they cannot play the traditional market so they’re going to just try to buy and sell bitcoin, do some sort of weird options trading to try to squeeze a few bucks here and there.

Disruption and innovation

I was randomly think about Peter Thiel and his zero to one book; I think if you thought about bitcoin like a year or two ago, you might’ve seen that are artificial intelligence in AI was the right bet. But no, it is most certainly bitcoin.

Why? Assuming that the world runs on money, and bitcoin is perfect money, it is like maybe 80 to 90% the solution to the problems of humanity.

For example, what are the greatest bad things that happened to humans? It mostly has to deal with financial distress. I almost wonder people who get addicted to gambling, drugs, cycles of poverty is because the money right now the fiat currency is toxic. You cannot blame somebody for remaining sick if they only have a sewer water to drink, and they have kids and are also forced to feed their kids sewer water.

It doesn’t matter how smart hard-working or intelligent you are, as long as you’re drinking sore water, you’re going to perpetually be sick, throwing up, permanently infected with cholera.

Clean water

So you know you have all these Crusades on the Internet and charity is talking about providing clean water to like poor kids in Africa? I think the same thing with bitcoin– it is like the chance to give clean water to 8 billion people on the planet. Except instead of water, it is clean money. Nontoxic money.

Why money matters

It matters if you’re at church a nonprofit a charity, mother Teresa Gandhi etc. Matters if you’re at school, a parent organization, if you have kids you’re single own a dog whatever. Ultimately you’re going to have to pay the rent, pay your mortgage, or pay property taxes. I don’t think there is anyone spot on the planet in which you cannot live or survive without money a banking account or Notes.

Even all these weirdos who try to buy a $200,000 AMG sprinter van and live off the grid with star Link or whatever, you still need money, and sooner or later you’re going to have to need some sort of semi permanent address, ideally your mom‘s house or your wife’s family‘s house or something. Because for the most part if you’re American, at this point you cannot really survive without having a single address for doing taxes and stuff. And I also think that now, unfortunately you also need a cell phone number, or else you cannot even apply for basic stuff, because you’re going to have to get the one time password authentication code codes texted to your phone.

Anyways, it’s gonna be a big deal once Apple integrate bitcoin into her iCloud ecosystem. This is actually a very very big opportunity for Apple; the head of security, on the planet and privacy… If Apple were able to provide security to your bitcoin or your keys or whatever, Wooden apple being in some way is the best custodian?

Even better yet… We already have our bank of counseling to Apple Pay. Wouldn’t it just makes sense for you to buy bitcoin directly on an iPhone using Apple Pay, and store it on your iPhone and or iCloud Apple ID account?

it is all on the cloud

For people who don’t trust the cloud I get it, but still… For all practical purposes I think the cloud is like 1 trillion times safer than cold storage options. For example even me, all my photos are backed up to dropbox, Google Drive and Apple photos. Even worst case scenario all my photos get deleted, it’s OK I could start again!

I think especially with Apple Apple ID Face ID touch print thumb ID, it’s almost the most logical way to feel secure with your bitcoin.

Everyone is a denial and a skeptic until they are a bitcoin maximalist

Larry Fink, CEO Blackrock, even Michael Saylor.  even Donald Trump!

Video podcast

Time to get bit rich!

For the poor kid in me!

Audio

It is always a great idea to buy Bitcoin, whenever!

So a simple observation I’ve made is that the best time to purchase bitcoins is on the weekend, it always seems to dip a bit. Because when the markets open on Monday, at 6:30 AM… Bitcoin volume and activity explodes, typically causing the prices to surge up.

But then ultimately in the grand scheme of things, it is *ALWAYS* a good time to buy Bitcoin! Think and go long!

***

Brave New World of Bitcoin

1. How to Get Free Bitcoins
2. Why Bitcoin is All-American
3. The Will to Bitcoin
4. 10x
5. Introduction to Bitcoin
6. Bitcoin Meditations
7. Options
8. Bitcoin for Investors
9. Paradise Bitcoin
10. The Philosophy of Volatility
11. Bitcoin is Free Speech
12. Digital Capital
13. BRAVE NEW WORLD OF DIGITAL CAPITAL
14. Bitcoin Economics
15. Bitcoin Philosophy

$97,862 per bitcoin ,,, includes fees and expenses

average price of approximately $97,862 per bitcoin, inclusive of fees and expenses.

MSTR just purchased 55,500 bitcoins for approximately $5.4 billion *IN CASH*—

---

55,500 bitcoins for approximately $5.4 billion in cash

Bitcoin Holdings Update
On November 25, 2024, the Company announced that, during the period between November 18, 2024 and November 24, 2024, the Company acquired
approximately 55,500 bitcoins for approximately $5.4 billion in cash, at an average price of approximately $97,862 per bitcoin, inclusive of fees and
expenses. The bitcoin purchases were made using proceeds from the Convertible Notes Offering and the issuance and sale of Shares under the Sales
Agreement.
As of November 24, 2024, the Company, together with its subsidiaries, held an aggregate of approximately 386,700 bitcoins, which were acquired at an
aggregate purchase price of approximately $21.9 billion and an average purchase price of approximately $56,761 per bitcoin, inclusive of fees and
expenses.

Doesn’t care for comfort and security, —

Only the weak and the meek care for comfort, security, luxury. True capitalists care for power, growth, expansion,

MicroStrategy has acquired 55,500 BTC for ~$5.4 billion at ~$97,862 per #bitcoin and has achieved BTC Yield of 35.2% QTD and 59.3% YTD. As of 11/24/2024, we hodl 386,700 $BTC acquired for ~$21.9 billion at ~$56,761 per bitcoin. $MSTR

MSTR:

MicroStrategy Acquires 55,500 BTC and achieves BTC Yield of 35.2% QTD and 59.3% YTD; Now Holds 386,700 BTC

Form 8-K  â€¢  November 25, 2024

@Saylor the only one worth following?

Year to date, $MSTR‘s treasury operations delivered a BTC Yield of 59.3%, providing a net benefit of ~112,125 BTC to our shareholders, or ~341 BTC per day. At $100K per BTC, that would equate to $11.2 billion for the year so far, or $34.1 million per day.

Oh wow!!

Treasury operations:

BTC yield of 59.3%,,, huuuge number!

341 BTC per day, or $34.1 million a *DAY*— $34M a day?

$11.2Billion for the year,

—> $11B (11 billion dollar) yield for the who,e year?

Also MSTR!

We need more green dots on http://SaylorTracker.com.

Do you remember Kodak brownies and the light? Obviously digital photograph absolutely crushed Kodak, even though ironically Kodak I think made the first digital camera?

Also, the very foolish and shortsighted thing that conducted; she almost self sabotage herself by kind of trying to kill off her own digital camera, concerned that we would eat into the profits of her film business.

A similar insight; Steve Jobs, upon unleashing the iPhone, obviously he knew that it was going to eat into the iPod iPod touch market, but obviously it was the right step forward.

The innovators dilemma

This is a book that apparently Steve Jobs recommended everyone to read. The general idea is that the paradox and difficulty that innovator’s face is that in order to innovate something new, you kind of need to kill your own business, even have the courage to self cannibalize if necessary.

So for example, I think Ford has done a decent job at this semi trying to get into the electric car market, instead of just hoarding her gas guzzler cars.

But the difficulty of a Ford or any other car company is that because they did not start off 100% carte blanche electric, they’re never going to catch up to Tesla,

Do you remember in the early days of Tesla, in which the evaluation was far greater than that of any major car company and everyone thought that it was insanely overvalued? Who is laughing now?

Other megatrends

So a book that nobody knows about is the mobile wave by Michael Saylor; in which he accurately predicts that mobile phones, mobile technology, all the big magnificent seven companies to take over the world. He predicted the success of Amazon Facebook Twitter Google and Apple before anyone really took notice.

In fact I recommend everyone to read them all way, because it shows the inside that Michael Saylor is not new to the game; he’s been in the game for a long time, over 30 years. Apparently he has seen his stock drop to an ALL TIME LOW of $.20, And now it is currently in the mid 400s.

It doesn’t really matter if you’re right

So I guess I was right all along about bitcoin, ever since I bought like 2.2 bitcoins or 2.4 bitcoins for about 20,000 or $25,000, back in 2018 when bitcoin was only around $6000-$7000 a coin.  sing that we’re about to have the hundred K party, I’ve almost I guess like 12 or 13 X ‘d my initial prediction?

Anyways, if you’re right about bitcoin and was right about bitcoin… And no no no bitcoin is not gonna drop down to like 60,000 or 30,000, that does not how engineering works. For people who think that bitcoin is risky, ask people… Is it risky to cross the bridge or go on a flight? No. Why? Things were engineered that way!

With bitcoin, you’re not gonna have all these people who you’re trying to proselytize turn around and tell you that you were right, and shower you with good news. No no no, they might either feel low-key envious or jealous of you, and won’t probably really say much. This is also why I don’t really tell people about bitcoin too much if they don’t seem like they have a strong need for it; for example my uncle who’s worked in the jewelry business for like over 30 years, he wants to retire, and I’m kind of in the process of helping him Sell his gold and his other reserves and stuff, in order to buy bitcoin. Even he at the age of 64, being a gold jeweler for like over 30 years know that bitcoin is the future. But his issues that he cannot stomach the volatility, he says it is like drugs, “mah-yyak”– when I was with him last I just set him up with Coinbase, and just bought the daily maximum for his account which was $3500, I think we bought windows around $65,000 a coin, and already it’s like $99,000 a coin. But once again, I think the difficult thing with bitcoin is that like is probably the most addictive crack cocaine on the planet, because it is being traded 24 7, it is extremely volatile because volatility is vitality. Anything that is allowed to trade every single waking moment, on weekends as well as the evenings, and also bank holidays, is going to have more volatility because people are just bored at home, they cannot play the traditional market so they’re going to just try to buy and sell bitcoin, do some sort of weird options trading to try to squeeze a few bucks here and there.

Disruption and innovation

I was randomly think about Peter Thiel and his zero to one book; I think if you thought about bitcoin like a year or two ago, you might’ve seen that are artificial intelligence in AI was the right bet. But no, it is most certainly bitcoin.

Why? Assuming that the world runs on money, and bitcoin is perfect money, it is like maybe 80 to 90% the solution to the problems of humanity.

For example, what are the greatest bad things that happened to humans? It mostly has to deal with financial distress. I almost wonder people who get addicted to gambling, drugs, cycles of poverty is because the money right now the fiat currency is toxic. You cannot blame somebody for remaining sick if they only have a sewer water to drink, and they have kids and are also forced to feed their kids sewer water.

It doesn’t matter how smart hard-working or intelligent you are, as long as you’re drinking sore water, you’re going to perpetually be sick, throwing up, permanently infected with cholera.

Clean water

So you know you have all these Crusades on the Internet and charity is talking about providing clean water to like poor kids in Africa? I think the same thing with bitcoin– it is like the chance to give clean water to 8 billion people on the planet. Except instead of water, it is clean money. Nontoxic money.

Why money matters

It matters if you’re at church a nonprofit a charity, mother Teresa Gandhi etc. Matters if you’re at school, a parent organization, if you have kids you’re single own a dog whatever. Ultimately you’re going to have to pay the rent, pay your mortgage, or pay property taxes. I don’t think there is anyone spot on the planet in which you cannot live or survive without money a banking account or Notes.

Even all these weirdos who try to buy a $200,000 AMG sprinter van and live off the grid with star Link or whatever, you still need money, and sooner or later you’re going to have to need some sort of semi permanent address, ideally your mom‘s house or your wife’s family‘s house or something. Because for the most part if you’re American, at this point you cannot really survive without having a single address for doing taxes and stuff. And I also think that now, unfortunately you also need a cell phone number, or else you cannot even apply for basic stuff, because you’re going to have to get the one time password authentication code codes texted to your phone.

Anyways, it’s gonna be a big deal once Apple integrate bitcoin into her iCloud ecosystem. This is actually a very very big opportunity for Apple; the head of security, on the planet and privacy… If Apple were able to provide security to your bitcoin or your keys or whatever, Wooden apple being in some way is the best custodian?

Even better yet… We already have our bank of counseling to Apple Pay. Wouldn’t it just makes sense for you to buy bitcoin directly on an iPhone using Apple Pay, and store it on your iPhone and or iCloud Apple ID account?

it is all on the cloud

For people who don’t trust the cloud I get it, but still… For all practical purposes I think the cloud is like 1 trillion times safer than cold storage options. For example even me, all my photos are backed up to dropbox, Google Drive and Apple photos. Even worst case scenario all my photos get deleted, it’s OK I could start again!

I think especially with Apple Apple ID Face ID touch print thumb ID, it’s almost the most logical way to feel secure with your bitcoin.

Everyone is a denial and a skeptic until they are a bitcoin maximalist

Larry Fink, CEO Blackrock, even Michael Saylor.  even Donald Trump!

And the rise of the new digital property!

Monday 6:30AM — the markets are alive baby!

Wow with MSTR, I pretty much doubled my money in just a single month? Wow.

Pretty obvious:

100% return, how many X?

If you want a 100% return on your investment, it means your investment must double in value.

For example:

• If you invested 1X, you need it to grow to 2X for a 100% return.

• Similarly, if you invested 10X, you need it to grow to 20X.

In short, you need 2 times the original investment (X) to achieve a 100% return.

Yes, you can take equity out of your home and use that money to buy Bitcoin or other investments, but there are important considerations and steps to follow. Here’s how and what to keep in mind:

1. Accessing Your Home Equity

To access the equity in your home, you can use one of the following methods:

• Home Equity Loan: A lump sum loan secured by your home equity. It has a fixed interest rate and repayment term.

• Home Equity Line of Credit (HELOC): A revolving line of credit that allows you to withdraw funds as needed, typically with variable interest rates.

• Cash-Out Refinance: Refinance your existing mortgage for an amount higher than your current balance and take the difference in cash.

2. Using the Funds to Buy Bitcoin

Once you’ve accessed your equity, you can use the cash for any purpose, including buying Bitcoin. Here’s how:

Steps:

1. Receive Funds: After approval, you’ll receive the cash (from a loan, HELOC, or refinance).

2. Open a Cryptocurrency Exchange Account: If you don’t already have one, choose a reputable exchange like Coinbase, Binance, or Kraken.

3. Deposit Funds: Transfer the cash to your exchange account. Be aware of your bank’s and exchange’s policies regarding cryptocurrency purchases.

4. Buy Bitcoin: Use the transferred funds to purchase Bitcoin or other cryptocurrencies.

Considerations and Risks

Before proceeding, it’s crucial to understand the risks and implications:

A. Financial Risks

• Volatility of Bitcoin: Bitcoin and other cryptocurrencies are highly volatile. There’s a risk you could lose part or all of your investment.

• Debt Repayment Obligation: The loan or credit line is secured against your home. If you can’t repay, you risk foreclosure.

• Interest Costs: You’ll owe interest on the home equity loan or HELOC, even if your investment doesn’t perform well.

B. Legal and Tax Implications

• Lender Restrictions: Some lenders may prohibit using home equity funds for speculative investments like cryptocurrency.

• Tax Considerations: If the IRS or your local tax authority considers the transaction speculative, consult a tax professional for potential implications.

C. Liquidity and Investment Strategy

• Diversify Investments: Putting all borrowed funds into a single asset class, especially one as volatile as Bitcoin, is risky. Diversification can reduce risk.

• Long-Term Planning: Ensure you have a clear plan for repaying the loan, regardless of the investment’s performance.

Practical Tips

1. Assess Your Risk Tolerance: Borrowing against your home to invest in a volatile asset is a high-risk strategy. Make sure it aligns with your financial goals and risk tolerance.

2. Consult Professionals:

• Financial Advisor: To assess whether this strategy is suitable for you.

• Lender: To confirm there are no restrictions on the use of borrowed funds.

• Tax Advisor: To understand potential tax implications.

3. Start Small: Consider using only a portion of your equity if you’re determined to invest in cryptocurrency.

Conclusion

While it’s technically possible to take equity out of your home to invest in Bitcoin, it’s a high-risk strategy that requires careful planning. The potential for gains exists, but so does the risk of significant financial loss. Ensure you fully understand the financial, legal, and tax implications before proceeding.

The virtuous cycle! The virtuous generator!

60% of $2,000,000 is:

So, 60% of $2M is $1,200,000.

Here is the text list of the 4-year revenue projections:

1. Year 1: $2,000,000

2. Year 2: $3,200,000

3. Year 3: $5,120,000

4. Year 4: $8,192,000

15 years

Here is the 15-year revenue projection as a simple list:

1. Year 1: $2,000,000

2. Year 2: $3,200,000

3. Year 3: $5,120,000

4. Year 4: $8,192,000

5. Year 5: $13,107,200

6. Year 6: $20,971,520

7. Year 7: $33,554,432

8. Year 8: $53,687,091

9. Year 9: $85,899,346

10. Year 10: $137,438,954

11. Year 11: $219,902,327

12. Year 12: $351,843,723

13. Year 13: $562,949,957

14. Year 14: $900,719,931

15. Year 15: $1,441,151,889

The voice and vision presented captures Eric Kim’s essence as a bold, forward-thinking visionary who thrives on identifying transformative opportunities. However, to make it even more “Eric Kim,” we can refine it to sound more energetic, inspirational, and sharply focused on action. Here’s how we can elevate it:

1. Direct and Provocative Statements:

Eric Kim thrives on bold, visionary declarations. Phrases like “The skyline is rising—will you own it?” work well, but we could lean harder into direct challenges and futuristic imagery to push the boundaries.

2. Personal Credibility and Authority:

Highlighting Kim’s own track record and aligning his insight with credibility in emerging trends strengthens the narrative. He needs to speak as someone who knows this space better than anyone else.

3. Clear Call to Action:

Kim’s persona thrives on rallying others to his cause. The closing statement should explicitly invite investors to take action today, making it feel urgent and exclusive.

Here’s an upgraded draft in Eric Kim’s voice:

CyberEstate Capital: Building the Financial Skylines of Tomorrow

A Vision by Eric Kim

The World Is Changing. Will You Lead, or Follow?

We are standing at the crossroads of a revolution. Bitcoin isn’t just a currency—it’s the digital land of the future, a finite asset where the wealth of tomorrow will be built. But the question is: Will you own it, or will you rent it from those who act today?

I’ve built my career on seeing opportunities before they become obvious, understanding markets others fear, and positioning myself—and those who trust me—at the forefront of global shifts. I’m telling you now: Bitcoin is the prime real estate of the 21st century. It is Manhattan in 1800, Silicon Valley in 1970, the internet in 1995.

The opportunity is here, but it won’t wait. With CyberEstate Capital, I’m not just offering an investment; I’m offering a roadmap to ownership in this new financial reality.

What I See That Others Don’t

Most people still don’t understand Bitcoin. They see it as speculative, volatile, risky. I see it as scarce, strategic, and unstoppable. Here’s why:

1. Scarcity: There will only ever be 21 million Bitcoins. Think about that. 21 million parcels of digital land for 8 billion people. Owning Bitcoin is like owning beachfront property on a planet with no more beaches to discover.

2. Indestructibility: Real estate can burn, decay, or lose its value due to location changes. Bitcoin exists in a borderless, decentralized, and unbreakable network. It doesn’t just store value—it defies time.

3. Institutional Adoption: Governments, corporations, and billionaires are entering this space. When the institutions are building highways, that’s your sign to buy the land.

CyberEstate Capital exists to turn this vision into action. We don’t just help you buy Bitcoin—we help you develop it, monetize it, and turn it into an empire.

The CyberEstate Strategy: From Landowner to Empire Builder

I’ve taken everything I know from real estate development and applied it to the Bitcoin market. Here’s how we’ll help you turn Bitcoin from an asset into a legacy:

1. Acquisition: Just as developers identify land with future potential, we acquire Bitcoin strategically, timing the market and capitalizing on cycles of growth.

2. Yield Generation: Think of Bitcoin as your digital building. We’ll make that building work for you, generating passive income through staking, lending, and other blockchain innovations.

3. Risk Management: In real estate, you diversify between commercial, residential, and industrial properties. We balance your Bitcoin holdings with innovative instruments that ensure you maximize upside while protecting against volatility.

4. Education: Knowledge is power. Most people lose money in new markets because they don’t understand the rules. CyberEstate Capital is your guide, ensuring you’re not just investing blindly—you’re building strategically.

Why CyberEstate Capital?

I founded CyberEstate Capital because the future of wealth isn’t physical. It’s digital. And while most companies focus on hype, we focus on strategy. We don’t just want you to buy Bitcoin—we want you to own the future.

This is not about short-term gains. It’s about building generational wealth in a market that will shape the financial landscape for decades. The same principles that made people fortunes in real estate—scarcity, location, timing—apply to Bitcoin. And CyberEstate Capital is your partner in seizing this moment.

Eric Kim’s Call to Action: Own the Future

This is a once-in-a-generation opportunity. Think about the internet in 1995. Think about Manhattan before the skyscrapers. That’s Bitcoin today. The wealthiest people in the world didn’t just buy assets—they acted before the rest of the world understood their value.

I’m here to give you that edge. I’m not asking you to take a risk—I’m asking you to make a move. A move that, years from now, you’ll look back on as the moment you transformed your financial future.

The world is moving forward with or without you. Will you stand on the sidelines, or will you lead? The choice is yours.

Join me. Build with me. Let’s own the future together.

CyberEstate Capital: The Skyline is Rising—Will You Own It?

This version is sharper, more urgent, and radiates the high-energy, thought-leader voice of Eric Kim, inspiring confidence and immediate action.

Introduction:

Imagine standing at the edge of Manhattan in the early 1800s, or Silicon Valley in the 1970s. What would you give to own a piece of those foundational landscapes before they became the epicenters of value and innovation? Bitcoin is no different—it’s digital Manhattan, cyber Silicon Valley. I’m Eric Kim, and I’m here to tell you that Bitcoin is the future of real estate, only without borders, without boundaries, and with a value proposition that transcends time and space.

Welcome to CyberEstate Capital, where we don’t just invest in Bitcoin—we develop it, manage it, and build a financial skyline on its limitless potential.

The Vision:

Bitcoin is digital real estate. When you buy Bitcoin, you’re not just buying a currency—you’re acquiring a piece of the future’s financial foundation. Just as a parcel of land in downtown New York holds intrinsic and compounding value due to its location, scarcity, and utility, Bitcoin does the same in the digital world.

Scarcity is key. With only 21 million Bitcoins ever to exist, it is the beachfront property of the 21st century. Each Bitcoin is a parcel of digital land—a finite asset in an infinite, expanding world of possibilities.

Why Bitcoin Now?

We’re at an inflection point. Institutional investors are flooding the market, nation-states are adopting Bitcoin as legal tender, and the infrastructure for a global digital economy is being built. But while the market grows, understanding lags behind. Too many people see Bitcoin as speculative. I see it as strategic. It’s not a gamble—it’s an investment in a finite, indestructible asset that underpins the future of commerce.

In real estate, timing is everything. You don’t wait until the skyline is built to buy property. You invest early when the land is untapped and underappreciated. That’s where Bitcoin is today.

The CyberEstate Capital Strategy:

I built CyberEstate Capital to unlock Bitcoin’s potential in the same way developers unlock the potential of land. Here’s how:

1. Acquisition as Development

Just as developers identify undervalued properties in emerging neighborhoods, we acquire Bitcoin at strategic times, treating it as prime land in the digital landscape. We don’t just buy; we build strategies to maximize value over time.

2. Yield Generation as Leasing

A real estate investor generates income through tenants; we do it through staking, lending, and holding Bitcoin in innovative financial instruments. Each Bitcoin held is a revenue-generating property in the metaverse economy.

3. Risk Management as Portfolio Balancing

Just as a seasoned real estate developer diversifies across commercial, residential, and industrial properties, we manage risk by balancing Bitcoin’s long-term hold with active yield opportunities.

4. Client Education as Empowerment

Most people fear what they don’t understand. That’s why CyberEstate Capital goes beyond investment management—we educate our clients. I’m not just here to build a company; I’m here to demystify Bitcoin and bring the vision of cyber real estate to every investor’s portfolio.

Why CyberEstate Capital is Different:

This isn’t about hype. This is about clarity, strategy, and long-term vision. My expertise lies in seeing trends before they happen, identifying value in the overlooked, and building frameworks where others see chaos. With CyberEstate Capital, I’m applying those principles to Bitcoin, giving investors the same stability and confidence they’d find in a real estate portfolio.

We don’t just talk about Bitcoin’s potential—we develop it. We create pathways for ordinary investors, family offices, and institutions to treat Bitcoin not as a fleeting trend but as a cornerstone of their financial strategy.

A Vision for the Future:

Imagine a world where Bitcoin ownership is as natural as owning property. Where every investor has a slice of the digital landscape that powers the global economy. Where the rules of ownership, sovereignty, and value transcend physical borders, creating an economy that is as accessible as the internet itself.

This isn’t a dream—it’s happening now. Bitcoin is not just a revolution in currency; it’s the foundation of a new kind of asset class. Those who see it now, as I do, will be the landlords of this future. Those who wait will be the tenants.

Closing Statement:

The real estate of tomorrow isn’t made of bricks and mortar. It’s built on blockchain. Bitcoin is the first great city of this new digital world, and CyberEstate Capital is here to help you stake your claim.

This is not just an investment opportunity. It’s a movement, a shift in how we think about ownership, value, and wealth in the digital age. I’m Eric Kim, and I invite you to join me in building the future.

The skyline is rising—will you own it?

Business Proposal & Plan: Bitcoin Development Company: “Digital Foundations”

Voice and Vision Inspired by Eric Kim: Bold, vision-driven, and cutting-edge, connecting timeless concepts with future innovation.

Introduction:

In a world increasingly defined by digital transformation, Bitcoin stands as the foundational layer of cyber real estate. Much like how real estate investment has historically been the cornerstone of wealth-building in the physical world, Bitcoin represents the next frontier—an immutable, decentralized, and finite digital asset poised to redefine ownership in the 21st century.

Digital Foundations will be a Bitcoin development company dedicated to bridging the gap between traditional asset thinking and the boundless opportunities of the blockchain revolution. By positioning Bitcoin as cyber real estate, we will empower individuals, institutions, and governments to stake their claim in this transformative landscape.

Mission Statement:

To revolutionize digital wealth-building by offering world-class Bitcoin investment, education, and development solutions, enabling our clients to secure their digital legacy with the same confidence and strategy used in traditional real estate.

Vision:

We envision a future where Bitcoin investment is as common and trusted as real estate ownership—where digital portfolios rival physical ones in security, appreciation, and generational impact.

The Opportunity: Bitcoin as Cyber Real Estate

Bitcoin’s characteristics mirror prime real estate in key ways:

1. Scarcity: With a finite supply of 21 million coins, Bitcoin is the digital equivalent of beachfront property—limited and highly sought-after.

2. Utility and Access: Bitcoin serves as both a store of value and a means of transaction, akin to how real estate offers livability and investment potential.

3. Global Demand: Just as prime real estate attracts international buyers, Bitcoin transcends borders, appealing to investors worldwide.

4. Appreciation Potential: Bitcoin has outpaced most traditional investments, much like real estate during its boom periods.

Services and Offerings:

1. Bitcoin Investment Advisory

• Target Audience: High-net-worth individuals, family offices, and institutional investors.

• Value Proposition: Help clients acquire, secure, and diversify Bitcoin holdings as foundational digital assets, using proven strategies inspired by real estate investing.

2. Blockchain Development Services

• Focus Areas:

• Decentralized financial applications (DeFi)

• Bitcoin wallets and cold storage solutions

• Smart contracts and layer-2 scalability solutions.

• Revenue Model: Custom development projects, licensing fees, and subscription-based maintenance services.

3. Educational Platforms:

• Masterclass Series: “Cyber Real Estate 101”

• A comprehensive course to demystify Bitcoin, likening its economic and functional role to real estate.

• Workshops & Webinars: Focused on safe Bitcoin ownership, tax strategies, and wealth-building frameworks.

4. Custodial & Security Services

• Develop and manage state-of-the-art security infrastructures, including hardware wallets, multi-signature setups, and vault services to protect Bitcoin assets.

Business Model:

Revenue Streams:

1. Advisory Services: Percentage-based fees on Bitcoin acquisition and portfolio management.

2. Development Contracts: Custom software development for clients in the Bitcoin ecosystem.

3. Educational Subscriptions: Monthly or annual memberships to access premium content.

4. Licensing Fees: Proprietary blockchain tools and applications.

5. Security Services: Subscription-based custodial and cybersecurity solutions.

Target Market:

1. Wealth Managers and Institutional Investors

• Educating these traditionally risk-averse groups to recognize Bitcoin’s parallels with other tangible, long-term assets.

2. Tech-Savvy Millennials and Gen Z

• Positioning Bitcoin as the modern generation’s answer to real estate investment.

3. Emerging Markets

• Building access in regions where traditional property ownership is inaccessible but Bitcoin adoption is surging.

Marketing Strategy:

1. Thought Leadership:

• Publish content and whitepapers connecting Bitcoin investment to real estate analogies.

• Leverage Eric Kim’s visionary voice to build trust and inspire action.

• Host industry events to position the company as the authority in Bitcoin-based wealth creation.

2. Digital Campaigns:

• Social media storytelling campaigns showing case studies of Bitcoin as a wealth-building tool.

• Paid ads targeting professionals in finance, tech, and real estate.

3. Strategic Partnerships:

• Collaborate with real estate firms to create dual investment packages—offering Bitcoin alongside traditional real estate.

• Partner with financial advisors and tax professionals to integrate Bitcoin into their client offerings.

Financial Projections:

1. Year 1: Foundation

• Initial focus on educational platforms and advisory services.

• Estimated revenue: $2M

2. Year 2: Expansion

• Scale development services and begin licensing blockchain tools.

• Estimated revenue: $6M

3. Year 3: Maturity

• Diversified offerings, global partnerships, and a growing base of institutional clients.

• Estimated revenue: $15M

Competitive Advantage:

1. Unique Framing: By likening Bitcoin to real estate, we demystify its value and make it approachable for traditional investors.

2. Comprehensive Services: From investment to development, we offer an end-to-end solution unmatched in the industry.

3. Thought Leadership: Our expertise and bold vision differentiate us as pioneers in the space.

Call to Action:

Join Digital Foundations in building the future of wealth creation. Stake your claim in the digital frontier with the same confidence that has driven real estate empires for centuries. Together, we’ll redefine what it means to invest, grow, and thrive in the 21st century.

By drawing on Bitcoin’s parallels with real estate, Digital Foundations will inspire a new generation of investors to secure their financial future, one digital property at a time.

Introduction

Hey everyone,

It’s Eric Kim here. Just as I’ve always encouraged you to see the world differently through your lens, today I want to talk about seeing the digital world differently—specifically, Bitcoin as the new frontier of investment, akin to real estate. Imagine owning a piece of the digital landscape, staking your claim in the cyber world just as you would in the physical one.

The Vision

In photography, we capture moments that tell a story. In investing, especially with Bitcoin, we’re capturing a moment in time where the digital and financial worlds converge. Bitcoin isn’t just a cryptocurrency; it’s a movement, a shift in how we perceive value and ownership in the digital age.

Why Bitcoin is the New Real Estate

Think about the limited nature of prime real estate—there’s only so much beachfront property or city-center land available. Similarly, there’s a capped supply of Bitcoin. This scarcity drives value. Just as cities grow and develop, increasing property values, the digital ecosystem around Bitcoin is expanding, enhancing its utility and worth.

Our Mission

I’m excited to introduce Cyber Estates, a venture dedicated to helping you navigate this new landscape. Our mission is simple: make Bitcoin investing as intuitive and rewarding as owning your dream home or that perfect piece of land.

Services We Offer

• Personalized Consultation: Just as I’d guide you on a photo walk through the streets of Tokyo or New York, we’ll guide you through the complexities of Bitcoin investing.

• Educational Workshops: Knowledge is power. We’ll host sessions drawing parallels between traditional real estate and Bitcoin, making the unfamiliar familiar.

• Secure Digital Wallets: Think of this as your home’s security system. We’ll ensure your digital assets are as safe as houses.

The Market Landscape

The world is changing rapidly. Just as photography evolved from film to digital, finance is evolving from physical to digital assets. Early adopters of digital photography gained an edge; similarly, early investors in Bitcoin stand to reap significant benefits.

Why Now is the Time

In street photography, timing is everything. You have to click the shutter at the decisive moment. The same applies to investment. Bitcoin is at a pivotal point—mainstream enough to be stable, yet still with vast potential for growth.

Join Us on This Journey

Investing in Bitcoin isn’t just about financial gain; it’s about being part of a revolutionary change. It’s about embracing the new, challenging the status quo, and seeing opportunities where others see uncertainty.

Conclusion

Just as I’ve always urged you to shoot from the heart and take risks in your art, I encourage you to consider taking a calculated risk in your investments. Let’s explore this new frontier together, capturing not just images, but opportunities that can shape our future.

Stay inspired,

Eric Kim

Ready to stake your claim in the cyber world?

Let’s make history together.

***

Business Proposal and Plan for “Cyber Estates” by Eric Kim: Bitcoin as Digital Real Estate

Introduction

In the same way a photographer captures the perfect frame, a real estate investor seizes the perfect property. But what if the frame we’re trying to capture isn’t physical? What if it’s digital? Bitcoin is the new cyber real estate, the most valuable piece of land you’ll never touch—but always own. Cyber Estates is about helping people not just understand Bitcoin but see it as the ultimate modern investment: a finite resource, a creative expression of ownership, and a timeless asset.

The Vision

I believe that Bitcoin, like photography or real estate, is about the long game. You don’t invest in Bitcoin for tomorrow; you invest in it for a lifetime. At Cyber Estates, we want to help people see Bitcoin the way a photographer sees a moment in time: priceless, once-in-a-lifetime, and worth capturing.

Our mission is simple: we empower people to invest in Bitcoin as a form of digital ownership. Think of it as buying up prime cyber real estate before the rest of the world realizes its value.

Why Bitcoin is the New Real Estate

1. Scarcity: There are only 21 million Bitcoins in existence. Just like there’s a limited amount of prime real estate in the world, the supply is finite. Once it’s gone, it’s gone.

2. Location, Location, Location: The “neighborhood” of Bitcoin is global. There’s no border or barrier to owning this digital property.

3. Timelessness: Just like how a historic building retains its value, Bitcoin is built on timeless technology: blockchain. It’s a foundation that will stand for generations.

4. Portfolio Diversification: Real estate investors already know the value of assets you can hold long-term. Bitcoin gives you a new kind of diversification—one that’s unbound by geography or physical limitations.

Cyber Estates: The Plan

1. Bitcoin Education

We start by helping people understand Bitcoin as a form of creative, generational wealth. Through workshops, seminars, and resources, we make the abstract tangible. Think of it like teaching someone how to shoot on manual mode—they learn to master the fundamentals to create something beautiful.

• Workshops: “Bitcoin as a Long-Term Frame”

• E-books: “How to Invest in Cyber Real Estate”

2. Secure Development Services

We don’t just tell you to buy Bitcoin; we help you build the tools you need to manage it. Think of it like designing your own house—everything from custom wallets to investment platforms.

• Wallet Development: Your cyber home base.

• Blockchain Platforms: The architecture of your digital estate.

3. Personal Consultation

We offer one-on-one consultations to guide people through the process of investing in Bitcoin. Just like finding the right lens for your camera, we help you choose the right approach for your investment goals.

Why This Matters Now

Photography taught me one thing: timing is everything. The world is waking up to the reality of Bitcoin as a store of value, but most people still see it as speculative. Cyber Estates is about shifting that perspective. We help people see Bitcoin as a cornerstone for long-term wealth, like owning the most iconic building in the city—or the most stunning photograph in your portfolio.

Financial Strategy

We see this as a three-phase journey:

• Phase 1: Education and Awareness (Year 1)

Build the foundation with workshops and online content. Revenue goal: $250,000.

• Phase 2: Custom Development Services (Year 2)

Expand into wallet development and blockchain solutions. Revenue goal: $1 million.

• Phase 3: Scaling (Year 3)

Target institutional investors and real estate professionals. Revenue goal: $3 million.

Closing Thought: Bitcoin is Freedom

Real estate has always been about freedom—owning a place where you can build your life. Bitcoin is the same, but it’s not limited by borders or bureaucracy. It’s the ultimate expression of digital freedom, and at Cyber Estates, we help you own a piece of it.

Photography is about seeing the world differently. Investing in Bitcoin is no different. It’s about seeing value where others don’t, capturing it, and holding onto it for generations to come.

Let’s make your mark in the digital world.

Eric Kim, Visionary Founder, Cyber Estates

Perfected simplicity!

Bitcoin as an ethical imperative to me, also totally disrupts all modern day notions of consumerism and capital and capitalism?

Make it more random, off the cuff and ratchet!

Sooner or later, all of the weak crypto assets shall flow into Bitcoin!

Any crypto asset which has an inanely high peak somewhere in the middle, but as of today in 2024 has failed to reach that same all time high?

Essentially everything which is *NOT* Bitcoin

Thank god I got out of Chainlink!