The True Capitalist

Reverse fomo?

Thank god I missed out, ,,, so my health mood and soul was 1000% better yesterday?

No health, no nothing!

November 22, 2024

YOUR TIMING IS ALWAYS 100% PERFECT.

20 years from now youâ€™ll look back at today and or your past decisions and youâ€™ll realize, the whole time, your timing was right all along â€”

November 22, 2024

Iâ€™m ainâ€™t tripping

Iâ€™m in this for the looooooong game!

November 22, 2024

Everything Happened as it SHOULD HAVE Happened!

Isnâ€™t this like the ultimate optimistic, great thought?

Life Lessons Â»

Learn more: Start Here >

November 22, 2024

My New Modern Virtues

Courage, chutzpah, recklessness, audacity, brazenness

So great!

Virtue audio

Win/Win Scenario!

Hmmm, taking $150k of MSTR, and making a pure 100% profit of $242k, while still keeping the initial $150k capital,,, isnâ€™t this like modern day alchemy?

I still got the initial capital seed of $150k, but in theory rode it all the way up to $392k, which is almost like 2.6xing my money, or a 260% gain, in just 3 months???

81, 55, 106= $242,000 K gain just off MSTR from $150k?

November 22, 2024

Making Money vs Making Capital? ï¿¼

So a funny simple thought; country to popular belief, I think most people donâ€™t really care about making money, maybe people care more about spending money or feeling rich, not actually being rich? ï¿¼

True prosperity

So the good news, assuming that youâ€™re on a bitcoin standard, your family is on a bitcoin standard which means all of your Roth IRA, IRAs, retirement accounts, or stocks, assuming all these things are in micro strategies stock, youâ€™re essentially set for life.

And also obviously you want a huge huge huge bitcoin war chest; as long as you got this, youâ€™re pretty much set.

The method

So once again guys, let us not get distracted. The goal is to stack as many bitcoins as humanly possible before you die!

The best analogy is like asking yourself, how many square blocks do I want to own in Manhattan, or Gangnam? Ideally all of it!

November 22, 2024

True Happiness

When youâ€™re so insanely happy and pumped to wake up, going to sleep the night before, excited to wake up the next morning!

Also in the morning, super pumped and excited ,,, while still in bed, to get up!

Waking up as an excitement not a hateful chore!

November 22, 2024

Master vs Servant

A master does not â€œmanageâ€ his â€œpropertyâ€â€” he gets the servants to do that (the landlord, the workers, the landlord).

November 21, 2024

Good > Perfect

The perfect is the enemy of the good

November 21, 2024

I am the most beautiful asset

Think procreation

Mate

Anti mediocrity

Everyone wants to be beautiful

Bitcoin is beautiful ï¿¼

I own this place I own this all!

The good is the enemy of the perfect

Greater gains at any costs !!!

Happiness & Environment

Valor, martial prowess or beauty?

.

November 21, 2024

EXTREME GLORY!

Haha

November 21, 2024

Making money vs making capital? ï¿¼

So a funny simple thought; country to popular belief, I think most people donâ€™t really care about making money, maybe people care more about spending money or feeling rich, not actually being rich? ï¿¼

True prosperity

So the good news, assuming that youâ€™re on a bitcoin standard, your family is on a bitcoin standard which means all of your Roth IRA, IRAs, retirement accounts, or stocks, assuming all these things are in micro strategies stock, youâ€™re essentially set for life.

And also obviously you want a huge huge huge bitcoin war chest; as long as you got this, youâ€™re pretty much set.

The method

So once again guys, let us not get distracted. The goal is to stack as many bitcoins as humanly possible before you die!

The best analogy is like asking yourself, how many square blocks do I want to own in Manhattan, or Gangnam? Ideally all of it!

November 21, 2024

Most people actually donâ€™t really care about making money?

The funny irony; I think actually most people donâ€™t really care about making money, if they really did they would just buy bitcoin? and Microstrategy stock?

November 21, 2024

BITCOIN IS STEROIDS!

Powered by BTC!

November 21, 2024

YOUR CAR DOES NOT MAKE YOU TOUGH.

Only your muscles do!

November 21, 2024

Carte Blanche Thinking

Think like Elon?

The problem with all other vehicles

The big problem with all other cars, besides Teslaâ€”

All the past baggage the companies had to deal with.

No company had the *privilege* to start with a blank slate, a clean slate, a tabula rasaâ€”

The best or the newest?

So the funny truth is the â€œbestâ€ vehicle to own is probably just a white Prius. But, is the best the most interesting or the most desirable? Obviously not!

November 21, 2024

American Muscle.

No more German losers!

November 21, 2024

Bitcoin > Lamborghini

The new Lamborghini Revuelto looks like a mid engine corvette?

November 21, 2024

WE NEED MORE BITCOINS!

November 21, 2024

Think Volume

Funny theory too:

The reason why there is too much traffic (volume) on the 405, 10, in LA, rush hour traffic etc, is that actually,,,, LA is the best place to be?

Follow the volume

Follow the volume, that is where the opportunities flow!

The Bitcoin Industrial Complex crushed their record today with $50b in volume (for context that’s same as ADV of entire UK stock mkt). $MSTR alone was $32b of it. $MSTU and $MSTX combined for $6b (which is more than all the spot btc ETFs, which were also elevated). What a scene. @ericbalchunas

Economics by KIM

November 21, 2024

Bitcoin x Photography is the future!

Bet big on Bitcoin, put yourself on the Bitcoin Standard, and your prosperity will be infinite!

Becoming a Photography Entrepreneur

BECOME A PHOTOGRAPHY ENTREPRENEUR

Advice I would have given myself in photography, if I started all over again:

Until You Own Yourself You Can’t Be Free

De-lamify the future.

Photography Entrepreneurship 101 Presentation by ERIC KIM

SLIDES PDF – Photography Entrepreneurship 101 by ERIC KIM Download

ENTREPRENEURSHIP by KIM

eric kim melbourne benjamin thompson — ERIC KIM x HENRI NECK STRAP

Enroll in my Udemy Course:

‘Ultimate Beginnerâ€™s Guide to Photography Entrepreneurship’: Create Your Own Future >

Entrepreneurship Ideas

Photography Blogging

Money

Self-Empowerment

Marketing and Branding

Entrepreneurship Lifestyle

Entrepreneurship Mindset

Photography Entrepreneurship 101

Life and Productivity Hacks

How to Make a Living from Your Passion

Put a Dent in the Universe.

How to Succeed as an Entrepreneur

entrepreneurship overview eric kim course

The Modern Photographer: Tips, Strategies, and Tactics to Thrive as a Visual Artist in the Digital Age

Marketing, Branding, Entrepreneurship Principles For Success

MODERN PHOTOGRAPHER is your new philosophical and practical primer to succeed as a modern photographer in today’s digital world.

Business Mental Models

How to Monetize Your Photography

Why Become a Photography Entrepreneur?

Take control of your own photographic destiny:

THE MODERN PHOTOGRAPHER

Photography Entrepreneurship Articles

PHOTOGRAPHY WORKSHOPS 101

KEYS TO SUCCESS

Photography Business 101

Practical Photography Business Advice

How to Make Money with Photography

Photography Marketing 101

How to Hustle.

Entrepreneurial Principles

How to be a Full-time Photographer

Photography Blogging

How to Teach Photography

Social Media

How to Save Money

START HERE >

MONEY 101

November 21, 2024

How and Why Bitcoin Will Revitalize the Field of Photography

So it seems that the recent trend (before and during) Bitcoin is that photography, the field and genre and industry of photography has been dying a slow and painful death.

My vision:

Bitcoin can be the jet pack, the rocket ship, the steroids we have been all looking for along!

November 21, 2024

Ingenuous.

November 21, 2024

Eric Kim on Bitcoin for photographers and street photographers and top quotes

Eric Kimâ€™s exploration of integrating Bitcoin and blockchain technology into photography introduces several innovative concepts that could significantly impact the industry:

1. Decentralized Monetization

By accepting Bitcoin as payment, photographers can engage in direct, peer-to-peer transactions without relying on traditional financial institutions. This approach reduces transaction fees and processing times, offering a more efficient and cost-effective method for photographers to monetize their work.

2. Enhanced Digital Authentication

Utilizing blockchain technology allows photographers to create immutable records of their digital images, establishing clear ownership and provenance. This capability addresses longstanding issues of unauthorized use and forgery in digital art, providing a secure means to verify authenticity.

3. Alternative Revenue Models

Kimâ€™s idea of earning cryptocurrency as a form of appreciation, rather than relying solely on social media engagement metrics like â€œlikes,â€ presents a novel revenue stream. This model incentivizes quality content creation and offers photographers a tangible reward for their work, potentially reshaping how creative efforts are valued and compensated.

Collectively, these concepts challenge traditional paradigms in the photography industry by leveraging emerging technologies to empower photographers, enhance security, and create new economic opportunities.

â€¦

Eric Kim, a prominent street photographer, has extensively explored the intersection of photography and Bitcoin. Here are some of his notable articles on the subject:

â€¢ Bitcoin Photographer

â€¢ Bitcoin and Cryptocurrency for Photographers

â€¢ Bitcoin for Photographers

â€¢ Owning a Bitcoin Is Like Owning a Picasso

These articles delve into how cryptocurrency can influence the photography industry, offering insights into monetization, authentication, and creative opportunities.

..

Eric Kim, a renowned street photographer, has explored the intersection of photography and Bitcoin, offering insights into how cryptocurrency can influence the photography industry.

Integration of Bitcoin in Photography

Kim envisions a future where photographers can leverage Bitcoin and blockchain technology to enhance their work and business models. Key ideas include:

â€¢ Monetization Through Cryptocurrency: Kim suggests that photographers could receive payments in Bitcoin, providing a decentralized and efficient transaction method.

â€¢ Authenticating Digital Art: By utilizing blockchain, photographers can establish ownership and authenticity of their digital images, potentially reducing issues related to unauthorized use.

â€¢ Alternative to Traditional Platforms: Kim proposes that instead of relying on social media â€œlikes,â€ photographers could earn cryptocurrency as a form of appreciation and compensation for their work.

Notable Quotes

â€¢ â€œI see Bitcoin as freedom. Freedom for individuals to do more commerce with one another, without the bank mafia getting in your way, and taking a cut.â€

â€¢ â€œWhat if instead of getting â€˜likesâ€™ on your photos, you could get â€˜paidâ€™ with some cryptocurrency instead?â€

â€¢ â€œWhat if you sold digital photos, you can sell â€˜originalâ€™ digital works by putting it on the digital ledger of the blockchain?â€

Through these perspectives, Eric Kim highlights the potential of Bitcoin and blockchain technology to revolutionize the photography industry by offering new avenues for monetization, authentication, and creative freedom.

November 21, 2024

Eric Kim quotes on turning passion his living

Here are some of Eric Kimâ€™s notable articles on integrating passion into oneâ€™s profession:

â€¢ PASSION.

â€¢ The Philosophy of Passion

â€¢ How to Find Your Passion in Photography

â€¢ Why You Must Follow Your Passion in Life

â€¦

Eric Kim, a prominent street photographer and educator, has extensively discussed the intersection of passion and profession. Here are some of his notable quotes and articles on this subject:

Key Quotes:

â€¢ On Authenticity: â€œFollow your heart, the profits will follow.â€ Kim emphasizes prioritizing genuine interests over financial gain.

â€¢ On Passion: â€œLife is too short for you to not follow your passion.â€ He advocates for pursuing what excites you, rather than forcing motivation.

â€¢ On Individuality: â€œThere is nobody out there with the same unique combinations of skills, interests, and things you are enthusiastic about.â€ Kim highlights the importance of embracing oneâ€™s individuality.

Notable Articles:

1. â€œPASSION.â€ In this reflective piece, Kim discusses the importance of pursuing oneâ€™s passion and how it drives him creatively and personally.

2. â€œThe Philosophy of Passion.â€ Kim explores the virtues of following your passion, drawing from his personal experiences and philosophical insights.

3. â€œHow to Find Your Passion in Photography.â€ This article focuses on shooting for yourself and â€œcross-pollinatingâ€ different interests to find and sustain passion in photography.

4. â€œWhy You Must Follow Your Passion in Life.â€ Kim stresses the importance of pursuing passion as a central focus in life and encourages readers to hustle hard in their chosen fields.

These resources offer valuable insights into Eric Kimâ€™s philosophy on integrating passion with profession, emphasizing authenticity, individuality, and dedication.

â€¦

Eric Kim, a renowned street photographer and educator, emphasizes the importance of pursuing oneâ€™s passion authentically. Here are some of his insights on transforming passion into a profession:

â€¢ Follow Your Heart: â€œFollow your heart, the profits will follow.â€ Kim advocates for prioritizing genuine interests over financial gain, believing that true dedication leads to success.

â€¢ Authenticity Over Trends: â€œShoot what you love, not what you think will sell.â€ He encourages photographers to focus on subjects they are passionate about rather than conforming to market demands.

â€¢ Value Creation: â€œThe best way to make a living from photography isnâ€™t by selling photos, but by creating value and helping others through your knowledge and experiences.â€ Kim highlights the significance of sharing expertise and building a community.

â€¢ Personal Branding: â€œYour personal brand is the most valuable asset you have. Be authentic, be yourself, and the right people will follow.â€ He stresses the importance of authenticity in establishing a personal brand that resonates with others.

These perspectives underscore Kimâ€™s belief that aligning oneâ€™s career with personal passions, maintaining authenticity, and focusing on value creation are key to professional fulfillment.

November 21, 2024

How did Eric Kim make his passion his living?

Eric Kim transformed his passion for street photography into a sustainable career through a combination of skill development, educational outreach, and strategic use of digital platforms.

Mastery of Street Photography

Kim honed his craft by consistently practicing and refining his street photography techniques. His distinctive style, characterized by candid storytelling and a minimalist aesthetic, set him apart in the photography community.

Educational Initiatives

Recognizing the value of sharing knowledge, Kim began conducting workshops and seminars worldwide, offering insights into his photographic approach. He also developed online courses and tutorials, making his teachings accessible to a global audience.

Digital Presence

Kim established a robust online presence through blogging and social media. His blog features articles, tutorials, and personal experiences, serving as a valuable resource for photographers. Active engagement on platforms like Instagram and YouTube allowed him to connect with a broader audience and build a dedicated following.

Authorship and Publications

By authoring books and contributing to photography publications, Kim further solidified his authority in the field. These works not only showcased his expertise but also provided additional income streams.

Community Building

Kim fostered a sense of community among photographers by organizing photo walks, collaborative projects, and offering mentorship. This approach not only expanded his network but also reinforced his reputation as a leader in the photography world.

Through these combined efforts, Eric Kim successfully turned his passion for street photography into a thriving profession, inspiring and educating photographers worldwide.

â€¦

Eric Kim turned his passion for street photography into a successful career by combining his artistic vision with a multifaceted approach to sharing his work and knowledge. Hereâ€™s how he made his passion his living:

1. Blogging and Content Creation

Eric Kim started by sharing his thoughts, techniques, and experiences on his blog. His approachable and educational content attracted a global audience, making his website a central hub for street photography enthusiasts. By writing about topics ranging from gear reviews to philosophical musings on photography, he became a trusted voice in the community.

2. Workshops and Education

Kim capitalized on his expertise by organizing street photography workshops worldwide. These workshops catered to beginners and enthusiasts looking to improve their skills, allowing Kim to connect with his audience in person while earning a living through teaching.

3. Social Media and Online Presence

He leveraged platforms like Instagram, YouTube, and Twitter to share his work and thoughts, helping him reach a larger audience. His candid and relatable style resonated with photographers seeking inspiration and authenticity.

4. Publishing and Products

Eric Kim created and sold photography-related products such as books, presets, and accessories like camera straps. These products not only provided additional income but also helped establish his brand as a street photography expert.

5. Philosophical Approach

Kimâ€™s focus on the philosophical and psychological aspects of photography set him apart from others in the field. He emphasized minimalism, creativity, and self-expression, which helped him build a unique identity.

6. Building a Community

Through his workshops, blog, and social media, Kim cultivated a loyal community of followers who supported his work and spread his ideas. This sense of community further fueled his career growth.

By combining education, content creation, product development, and community building, Eric Kim successfully transformed his passion for street photography into a sustainable and rewarding career. His entrepreneurial mindset and willingness to share knowledge were key to his success.

November 21, 2024

Why Bitcoin is a Big Deal for Photographers

So this is my personal read:

Most photographers I know would prefer to *NOT* have to â€œworkâ€, and would *prefer* instead, to have 100% economic and financial freedom in order to just focus 1000% of their energies on photography!

For example for many, their job or occupation or economic thing is simply a means *in order to do* their photography thing!

So for example, if you had the option of having your full time job at Apple Amazon Facebook Google etc, or the option to *NOT* have to work, and just travel the globe, shoot photos etc,,, wouldnâ€™t you choose the photo path?

Making your passion your living

So the big thing â€” I think I may have been the first and *only* photographer (especially street photographer) to have transformed his passion into his profession, directly.

And the truth is, with most young photographers I meet,,, almost the #1 question I am asked is:

How can I monetize my passion, or my photography passion, or my street photography passion effectively? In order for me to just focus on my passion?

Just buy Bitcoin!

So the trillion dollar question â€”

How can I monetize my passion

Well the funny thing, with Bitcoin, anything is possible!

You donâ€™t need to work like a slave, doing hateful $100, $200, $300 photo shoots for families or even slave-like weddings for $1000, $2000, $3000, $4000 or even $5000. With Bitcoin and MSTR microstrategy, you can make $105,000 in *A DAY*, $205,000 *A DAY*, $1M in 3 months!!!

Bitcoin x Photography is the future!

Becoming a Photography Entrepreneur

BECOME A PHOTOGRAPHY ENTREPRENEUR

Advice I would have given myself in photography, if I started all over again:

Until You Own Yourself You Can’t Be Free

Photography Entrepreneurship 101 by ERIC KIM

De-lamify the future.

Photography Entrepreneurship 101 Presentation by ERIC KIM

SLIDES PDF – Photography Entrepreneurship 101 by ERIC KIM Download

ENTREPRENEURSHIP by KIM

Enroll in my Udemy Course:

‘Ultimate Beginnerâ€™s Guide to Photography Entrepreneurship’: Create Your Own Future >

Entrepreneurship Ideas

Photography Blogging

Money

Self-Empowerment

Marketing and Branding

Entrepreneurship Lifestyle

Entrepreneurship Mindset

Photography Entrepreneurship 101

Life and Productivity Hacks

How to Make a Living from Your Passion

Put a Dent in the Universe.

How to Succeed as an Entrepreneur

The Modern Photographer: Tips, Strategies, and Tactics to Thrive as a Visual Artist in the Digital Age

Marketing, Branding, Entrepreneurship Principles For Success

MODERN PHOTOGRAPHER is your new philosophical and practical primer to succeed as a modern photographer in today’s digital world.

Business Mental Models

How to Monetize Your Photography

Why Become a Photography Entrepreneur?

Take control of your own photographic destiny:

THE MODERN PHOTOGRAPHER

Photography Entrepreneurship Articles

PHOTOGRAPHY WORKSHOPS 101

KEYS TO SUCCESS

Photography Business 101

Practical Photography Business Advice

How to Make Money with Photography

Photography Marketing 101

How to Hustle.

Entrepreneurial Principles

How to be a Full-time Photographer

Photography Blogging

How to Teach Photography

Social Media

How to Save Money

START HERE >

MONEY 101

November 21, 2024

TOO MUCH CAPITAL!

November 21, 2024

New Capitalism

What people donâ€™t understand or get about Bitcoin â€” it is a totally new type of capital, digital capital ,,, thus, shouldnâ€™t this usher in the brave new world of *digital* capitalism?

November 21, 2024

Capital is Happiness

And even more, stacking capital,,, seeing your capital *grow*â€” the ultimate joy?

November 21, 2024

6:30 AM

The best time of day! When the markets open!!!

6:30amâ€” the time of excitement, euphoria, opportunity?

November 21, 2024

FOCUS.

November 21, 2024

Apple is Getting Desperate Now?

Giving away free gift cards?

November 21, 2024

Rewriting the Playbook

November 21, 2024

TOO MUCH PROSPERITY!!!

November 20, 2024

Everything happened for the supremely best reason!

You just need another 20 years to look back and realize it!

November 20, 2024

Bitcoin is the ultimate entertainment, but in real life!!!

November 20, 2024

Bitcoin IS Happiness!

Video podcast

Summary of â€œThinking Like an Engineerâ€

â€¢ Michael Saylorâ€™s Misconception:

â€¢ Many believe Michael Saylor is a trader, but he is actually an engineer.

â€¢ Engineers think from first principles, deeply analyzing the true nature of things.

â€¢ Thinking Like an Engineer:

â€¢ The author relates to thinking like an engineer, applying first principles.

â€¢ Modern societal issues are often social problems that could benefit from engineering approaches.

â€¢ Leonardo da Vinci as a Model Engineer:

â€¢ Leonardo exemplifies infinite curiosity and playfulness.

â€¢ Despite his genius, he relied on patronage and wasnâ€™t financially independent.

â€¢ True freedom and power come from personal financial independence.

â€¢ Bitcoin as Solidified Happiness:

â€¢ Bitcoin represents economic power, energy, joy, and happiness in a tangible form.

â€¢ Owning Bitcoin brings the author great happiness and a sense of empowerment.

â€¢ Bitcoin exists in cyberspace, not the physical realm, yet holds significant value.

â€¢ Reevaluating Preconceptions:

â€¢ The author overcame initial misconceptions about engineering being too math-heavy.

â€¢ Real engineering is rooted in physics and reality.

â€¢ Suggests rethinking societal norms from scratch (tabula rasa) using first principles.

â€¢ Innovation in Transportation:

â€¢ Proposes that if we redesigned transportation today, weâ€™d opt for electric self-driving cars.

â€¢ Highlights the health hazards of tailpipe emissions from gasoline cars.

â€¢ Advocates for the practicality and environmental benefits of electric vehicles.

â€¢ Critique of Romanticizing the Past:

â€¢ Believes that clinging to the past is counterproductive.

â€¢ Questions societal norms like extravagant spending on engagement rings.

â€¢ Suggests practicality over tradition in personal and financial decisions.

â€¢ Bitcoin as Digital Real Estate:

â€¢ Compares Bitcoin to owning valuable real estate due to its limited supply (21 million bitcoins).

â€¢ Suggests that investing in Bitcoin is like acquiring prime digital property.

â€¢ Investment Strategies:

â€¢ Argues that renting is more financially prudent than buying property.

â€¢ Recommends investing in Bitcoin over traditional real estate for greater returns.

â€¢ Notes the significant increase in Bitcoinâ€™s value and its potential for future growth.

â€¢ MicroStrategy (MSTR) Investment:

â€¢ Highlights the rise of MicroStrategy stock due to its significant Bitcoin holdings.

â€¢ The author invested in MSTR stock early and anticipates continued growth.

â€¢ Suggests using gains from MSTR stock to purchase more Bitcoin.

â€¢ Systemic Challenges:

â€¢ Observes that current systems are outdated and rigged against individuals.

â€¢ Uses the example of infrastructure based on ancient standards (e.g., Roman roads influencing car widths).

â€¢ Advocates for embracing new technologies and systems like Bitcoin.

â€¢ The Shift to Bitcoin:

â€¢ Notes that people are recognizing the superiority of Bitcoin over other cryptocurrencies.

â€¢ Predicts a migration of value from weaker assets to Bitcoin.

â€¢ Embracing New Economic Theories:

â€¢ Emphasizes the importance of innovative thinking over traditional economic models.

â€¢ Views Bitcoin as more valuable than major tech companies due to its global accessibility.

â€¢ Highlights Bitcoinâ€™s potential to revolutionize global finance.

â€¢ Focus on Cyberspace:

â€¢ Echoes Michael Saylorâ€™s sentiment to prioritize cyberspace over outer space exploration.

â€¢ Cyberspace is the new frontier for economic activity and power.

â€¢ Bitcoin is poised to become the global monetary network, even applicable in future space endeavors.

â€¢ Bitcoinâ€™s Enduring Value:

â€¢ Bitcoin is unique in that it can last indefinitely, unlike physical objects subject to decay.

â€¢ Posits that Bitcoin might be the most ethical investment for the planet.

â€¢ Conclusion:

â€¢ Encourages investing in Bitcoin as a path to happiness and financial success.

Thinking Like an Engineer

Creative engineering:

So one of the really fast things I learned from Michael Saylor in his last interview with Natalie Brunell at the end what is what was misconception about him; and he said, the greatest misconception was that Michael Saylor was a traitor, but the reality isâ€¦ Heâ€™s an engineer.

What is the difference? Well the general difference is that an engineer, do you think about things first principles, use stare deeply and analyze deeply into the true nature of things, and what that then means is you understand the true nature of things.

Then I guess, I kinda do think like an engineer, carte blanche principles.

For example, so much of this modern day BS about almost everything, seems to be mostly a social problem. Sociology, maybe could also be understand as the sociology of engineering, also social engineering?

what does it mean to think like an engineer?

So once again, if you understand Leonardo da Vinci like the Golden standard of an engineer, somebody who is part curious, partially playful, kind of like imagine a big kid on steroids; infinite curiosity about everything. Maybe alsoâ€¦ Iâ€™m like the next Leonardo da Vinci, but a lot richer And far more jacked?

Even the problem of a Leonard da Vinci, I still think he got his patronage from the Mediciâ€™s? Which means that he was not financially independent; and the truth is ultimately, without personal financial independence, you cannot really really have 100% true freedom and power. ï¿¼

Bitcoin as solidified happiness

I might be the first to thought this; what is bitcoin? To me it is like solidified happiness. If you took all this economic power energy joy and happiness, and you could solidify it into a thing, to me that would be a bitcoin.

For example, every time I see my bitcoin balance swell, and become greater, it brings a huge smile to my face, a huge voyage grin to my face, whatever scenario.

And then also then the thing isâ€¦ The bitcoin is like almost kind of imaginary. Like doesnâ€™t really exist anywhere in the physical realm, it only exists in cyberspace, your mind.

So for example, if I want to prove to you my bitcoin balance I can just take out my phone or iPad and prove it to you immediatelyâ€¦ So I guess this is the cool thoughts; now that Iâ€™m super fucking rich and powerful and godlike glorious, I could just walk into any sort of Lamborghini or Ferrari or Porsche dealership, and just automatically assume and demand a test drive!

And also the extreme joy, I could just handle and touch everything, and fuck with stuff, like I own it. Because I do.

How and why?

So once again, I think the hardest thing to think like an engineer is that at least for myself, I majored in sociology, always thought the engineering was like two math heavy, and was about following the rules.

However, if you really think about real engineering, like building a bridge or making planes fly etc.â€¦ It is 100% rooted in physics and reality.

The hard thing with ethics philosophy, as well as opinions, politics, sociology ethics etc. is that they are not focused on reality. Or nature.

So for example, the fucking insanity of somehow allowing 12-year-old kids, have access to puberty blockers, hormone inhibitors, hormone amplifiers, etc.â€¦ At such a young age? Mother nature does not produce steroids or estrogen in pill or injection format naturally.

Nature?

The tricky thing is when people talk about natureâ€¦ Like what is it that people really are talking about? Are they talking about like human nature, our DNA, our primordial being and nature? Or are we talking about like trees and stuff? Not really sure.

Anyways, first principles first principles thinking.

So the first line of things is kind of do like a hard reformat of the past and prior knowledge, and think things totally carte blanche, blank slate, white slate, black canvas, right now. Like if you just wiped the tablet clean, tabula rasa — how would you do things, right now, in the year 2024?

For exampleâ€¦ Iâ€™m a huge fan of stick shift, the upsides of gasoline etc., and hybrid cars and Priuses, but the real truth is, if you somehow erased all the cars on the planet, today, and you somehow had to create automobiles and vehicles for all 8 billion of us right nowâ€¦ How would it and how should it look like? It would probably be like all self driving Teslas, obviously electric cars.

I think the biggest problem about petroleum cars are tailpipe admissions. If you have ever been in local LA traffic or the 405 or the 10 during peak rush-hour when you see a car with that converter on, and you have your windows down and that insanely fucking toxic tailpipe chemicals are going straight into your lungs, You will actually know first hand, that the truth is this is obviously bad for your health. And the health of your kid and family and society.

For example, imagine like you have a 1960s Camaro, without a catalytic converter. Would you allow it to run idle, in your garage with all the windows closed, with the tailpipe directly in the throat of your four-year-old child?

Obviously not!

So I think there are some simple practical things;

First, tailpipe emissions are obviously 1 trillion times bad.

Second, assuming that we all have nuclear vision or whatever, then electricity should practically be free. Then, Teslas and electric cars makes sense.

Third also assuming that the Tesla super charging network is growing like a virus, the obvious thing thing is that it will continue to grow at an exponential rate.

For example, it is very difficult to structurally build a gasoline station somewhere, but the only reason we keep using it is that it is already there, fast and convenient and cheap.

But once again, if you started a totally brand new society in the middle of the desert, obviously it would probably be centered around electric cars and electric vehicles, as the upside of building a Tesla supercharger is very easy, Far easier than building anything else.

Romanticism of the past is for weaklings

Are you a demigod or a weakling? Simple bifurcation.

So my personal understanding is that the reason why people seek refuge in the past is that it is an act of cowardice, only pussies are romantics.

ï¿¼I thought about this for a long time but what is it in fact, the history of the word â€œromance, and why do they call it â€œromanticâ€? ï¿¼ï¿¼ï¿¼

Thank God for ChatGPT. They said you talked about how the notion was â€œromanzâ€– essentially it were works that are created in the romance language languages, like Italian Spanish French etc. Anything that was not Latin.

But the problem about this movement is that it emphasized concepts and ideas that were quite degenerate in nature. For example, over excessive feelings, I think the medieval literature of knightly chivalry etc. to be â€œgallantâ€– even the Vietnamese have a term â€œgallantâ€– like when youâ€™re opening a door for a woman to get out of a taxi, just like a knight who takes off his robe to cover a puddle to let a woman walk across it?

People donâ€™t really give it a second thoughtâ€¦ ï¿¼ everyone assumes that to be romantic is a good thing? Like somehow this fucking insane idea I spent six months of your salary to buy your fiancÃ© a diamond wedding ring, which is just a fake commodity. My greatest pride is that for my engagement ring to Cindy only spent like 300 bucks on a really beautiful purple tinted cubic zirconia diamond, super smart.

And also wore the wise; if youâ€™re planning on getting married or engaged or whateverâ€¦ Never spend more than $300 on a wedding ring.

The gift of bitcoin?

Bitcoin is like your new cyber estate. The other day I saw a new funny Zen Wabisabi minimalist hipster house, one of those really cool new three-story teepees they build on a small plot of land listed for $4.4 million. And this is for like a super tiny plot of land, even on a square block, you can feel like 30 of these houses on it.

So assuming that bitcoin is like digital real estate, or digital property, and there are only like 21 million of them on the planet forever, and also whenever youâ€™re on the 405 driving during peak rush-hour, you might see like 21 million cars on the road. And how many humans live in Los Angeles? Like 100 million?

anyways, like imagine that I was a genie and I waved a magic wand and I told you that there would only be our 21 million single family homes, on the whole planet, forever. And there would never ever ever be more single-family homes ever produced. Wouldnâ€™t you want to nab one, for a super steal of a price, only $100,000?

Think about the price of a bitcoin vs a home

My thought is obviously you need the utility of somewhere to live, and this is where paying rent is like a quadrillion times smarter than buying real estate a single-family home, property, a condo etc.

A lot of people have this foolish idea; Iâ€™m gonna buy like a condo or a single-family home or whatever for two reasons: first, utility value like a place to live. Second, as an â€œinvestmentâ€. However the reason why this is not good is that if you really want to maximize your investment, it is super simple you just buy bitcoin! Itâ€™s going to go up forever until it hits $55 million a bitcoin, and then probably $105 million a bitcoin etc. ï¿¼ï¿¼

I was watching CNBC a video retweet by Michael Saylor, showing that now as of today bitcoins options trading is live! And literally everyone has their jaws dropped, everyone is like confused and befuddled, shock and all, everyone has no idea what to think. Even Iâ€™m shocked? Even Iâ€™m confused! A very good sign.

this is not even funny anymore

So if you watch traditional news, the Telly etc, what do you see? Apple Apple Apple, Nvidia Nvidia Nvidia, Tesla Tesla Tesla, etc.

Why donâ€™t you see microstrategy? ï¿¼MSTR, which is pretty much nuclear at this point. It is literally like the hottest stock on the planet, maybe the whole human universe?

$320,000 to $860,000

ï¿¼ Like it is kind of insaneâ€¦ I just converted all of our Roth IRA and our traditional retirement accounts, IRA, etc., and some random spare cash we had lying around all into MicroStrategy, just like three months ago, in September, when the stock was like only $140 or 130 a share. Now, it is going ballistic; $499 @ share, and Iâ€™m not gonna be shocked when you see MicroStrategy at $10,000 or even $20,000, $30,000, $40,000 or even $50,000 a share!

Why? ï¿¼

It is simple, it is a brand new carte blanche, a totally brand new, perfectly engineered company. If you created a totally brand new company in the year 2024, assuming that next year January 2025 is going to be year one of institutional acceptance of bitcoin, And assuming that we have this phenomenally glorious red wave, which means we have a full pro bitcoin Senate house president etc., and everyone is going all in on bitcoin! My personal thought is the next four years, assuming that you put all your wealth into bitcoin and or MSTR microstrategy stock, I will not be surprised to see your wealth 50X from here. ï¿¼

Why? Once again, bitcoin is the first perfectly engineered money and capital digital capital.

Up until now, the US dollar, field currency was kind of like the least bad thing that we could make of, if you read The Fist Standard by Saifedean, you actually see that was really good for the period of time in which we needed it. Because for ordinary transactions, walking around with gold bars and or gold coins was not really practical. And especially for international trade, fiat currency the banking Swift system was mostly useful.

But now that we have tether, circle and the like; you actually see a lot of Chinese corporations, I saw a lot last summer in Cambodia, even mainland Chinese companies are using tether for payments instead of the Chinese yuan, etc.

Michael Saylor has an idea that we should have tether relocate her headquarters to America, and if this is the case, â€¦ this would be very good for America and everybody.

what is â€œcryptoâ€?

ï¿¼ï¿¼ï¿¼So to anybody new to the space, we often think and hear of bitcoin and the like being called crypto, cryptocurrency etc. But it is not. ï¿¼

Bitcoin is digital capital, everything else is like a speculation and or like cotton candy or like a fake cubic zirconia diamond.

Not Ethereum or any Ethereum derivatives

Come on just look at the prices of bitcoin versus Ethereum. This is like literally the best day of all time, November 20, 2024 — bitcoin breaking around $95,000 of bitcoin, and everyone is rooting and waiting for the $100K party. ï¿¼ I feel bad for all of these Ethereum losers, even people with chainlink, they are all wrong. ï¿¼

Everyone is a winner on the bitcoin standard. The nuance is that there are just varying degrees of success.

MSTR or Bitcoin?

My simple workflow is that you just buy micro strategy, write it up, and shave some off of the top in order to buy more bitcoin. ï¿¼ï¿¼

MSTR –> BTC

For example, if you purchase like $150,000 worth of microstrategy stock, and then it goes up to $200,000 worth, it is very simple, you just sell $50,000 worth the stock, transfer that to your checking account, and then buy $50,000 of bitcoin, ï¿¼just using Coinbase or whatever app or platform or thing you have access to. ï¿¼

Why BTC over MicroStrategy?

Bitcoin, is the true digital capital, like owning the square of blocks of cyber Manhattan. Ultimately, if youâ€™re a really really really rich wealthy family, the best is to brag about how many square blocks of Manhattan your own. For example if you own like 21 square blocks of Manhattan, right next to fifth Avenue, and Central Park, This is worth like billions of dollars. You never sell like a square block of fifth Avenue, in order to buy a Lamborghini or Starbucks Frappuccinoâ€™s. Even more so, you donâ€™t sell like a 10th of your apartment building for a couple coffee or a sandwich.

Once again, just imagine like a single bitcoin being like a square block in Manhattan, but the reason why owning bitcoin is even superior to own a square block in Manhattan is that in technicality, you could actually produce more land even on the main island; just look at That one dude who built up the docks, you could just pour concrete sand and land to extend the island, to build more artificial land. Or you could just tear down old buildings and build more skyscraper that flow ever more upwards.

My personal thought is that there are people who just want fixed regular income. For example if you just want to FIRE, financial independence retire early, and you just want a magical $10,000 USD to be deposited to your checking account, forever, then the best strategy is to just buy microstrategy stock, write it up, and at the end of every month when rent and stuff is due just sell some micro garage stock, for your living expenses, paying for your rent your beef ribs at Costco etc. ï¿¼

I got the keys keys keys keys!

I have the keys to all success, we the best! (BITCOIN, DJ KHALED)

The system is rigged against you

ï¿¼ conspiracy theories aside, structurally, the truth is the system is rigged against you. Why? It was engineered that way.

For example, even in America today, we are currently operating on 20th century rails, yet it is the 21st-century. Iâ€™m very interesting thing I learned from Michael Saylor about the history of science is that the reason why most cars and vehicles are the width it is today is that it is simply based off of the size of the rails that the ancient Romans did for her roads;

All roads lead to Rome.

All roads lead to Bitcoin!

I think people are starting to wake upâ€¦ Theyâ€™re starting to realize that their Dogecoin, Shiba Inu coin, memecoins, altcoins, ethereum, chainlink etc arenâ€™t actually worth anything.

Naturally, Wu-Wei — all of the weaker currencies and assets shall flow into the stronger ones.

What that means is your already seeing it, Iâ€™m Exodus in a flight from Ethereum into bitcoin, which is like 1 trillion times better sexier cooler more desirable stronger and superior in every sort of way.

For example, would you rather be driving the old Volkswagen Passat, or the cybertruck on steroids? ï¿¼

Or, would you rather have the horse and buggy, or would you rather have the Rolls-Royce the Bentley or the Lexus LS?

Fully loaded LSâ€™s,,, ah yes! – JAY Z

Carte Blanche economic theory

ï¿¼ one of my great happinesses is that I did not formally study economics. Why is it such a good thing? I also never studied business, another good thing.

The reason is all the old models are wrong, and whenever we simply try to copy the past models, we will not succeed in massively because true successes are carte Blanche, insanely awesome.

For example, it seems now that Tesla in Nvidia was such obvious investing decisions, or like buying Apple in the 1980s. Or buying Google or Amazon or even Microsoft in the early days.

Now, if I could tell you that there is this thing or company or concept ï¿¼ Fan is actually in fact like 1 million times more valuable than Apple Amazon Facebook google etc.â€¦ And that is gonna take over the whole planet, wouldnâ€™t you want to buy a piece of the pie?

The big idea, if you were like in mainland China, even if you wanted to buy Apple Amazon Facebook etc., you couldnâ€™t because these are US American securities. With bitcoin, you can! It does not matter what your jurisdiction your country your thing is etc. If you are in Nairobi, Afghanistan, Shanghai, Beirut, the Netherlands whatever, anyone and everyone could purchase bitcoin. Iâ€™m sure thereâ€™s even clever ways you could do it in Cuba.

The race for cyberspace

Another interesting thought from Michael Saylor, considering that he studied history of science at MIT, which sounds like a very very good major, a good idea, maybe if Seneca gets into MIT and wants to study history of science, Iâ€™ll send him.

Anyways, Michael Saylor studied aeronautical engineering, and although he is a huge fan of Elon Musk he also is a bit critical;

before we go to outer space, why not go into cyberspace instead?

The notion cyber is actually super funny because it is kind of like an antiquated term; but as of late has become cool again. Like cyberpunk, cyber truck etc.

Actually the funny thing was in the early 90s, when I was a kid, on AOL instant messenger, when you said â€œWanna cyber?â€ What is essentially sexual innuendo like do you wanna have sexy online erotic talk?

Anyways, the reason why cyberspace seems to be a good field is that this is where all the economic energy power and warfare is heading. For example out of all the traditional job pats, cyber security seems to be the most important one, also â€œpenetration testingâ€œ. This is where the big money is.

But beyond that, it is obviously bitcoin. Bitcoin is and will become the global monetary network, Iâ€™m also certain we could even use bitcoin when we go to Mars. If you want to bring your wealth with you on a spaceship to the moon or Mars or whatever, it seems pretty obvious that you would probably Bring bitcoin. Youâ€™re not going to take your square block in Manhattan or Culver City with you; you cannot take gold bars with you on a spaceship, nor can you bring Fiat currency, your JP Morgan Chase, your Lamborghini etc.

why bitcoin might be the best most ethical thing for the planet?

The reason is because, once you have produced and created the bitcoin, it will last forever. There is nothing in the whole human universe that will last forever, as a result of physics and decay etc. But a bitcoin does. ï¿¼ï¿¼

Buy happiness, buy Bitcoin!

ERIC

November 20, 2024

Digital Capitalism

The new true capital and capitalism!

November 20, 2024

Capital is Happiness

Capital, capitalism was broken *before* Bitcoin?

November 20, 2024

Men Care for Capital

Capital > Money

November 20, 2024

Why Bitcoin is NOT Risky

The reason is that it is engineered perfection. Itâ€™s almost like saying itâ€™s risky for you to drive your car over a bridge, or to drive a car, or to fly in an airplane?

Trust the engineers and engineering!

Brave New World of Bitcoin

November 20, 2024

Buy Bitcoin, Buy Happiness!

NECESSITY is the mother of all invention?

PDF, https://erickimphotography.com/blog/wp-content/uploads/2024/11/Thinking-Like-an-Engineer-5.pdf

Audio: https://erickimphotography.com/blog/wp-content/uploads/2024/11/Buy-Bitcoin-Buy-Happiness.m4a

November 20, 2024

Trust, Not Trust?

November 20, 2024

MicroStrategy is #1

MSTR as the most valuable company on the planet?

November 20, 2024

Why Bitcoin is More Important than AI

so Iâ€™m super pro AI andpro bitcoin, but my thought is bitcoin might be at least 1 trillion times more valuable than AI.

why? Wellâ€¦ Certainly AI gives you a huge upside and benefit to life and living, it makes your life like 1 trillion times better. But the funny thing is technically, you could actually live without AI if you really wanted to. Like AI is kind of an optional thing at this point. Not an imperative. But that then means is you could choose not to use AI if you want to.

The $450T opportunity

so certainly Tesla and Nvidia might be the most valuable companies on the planet, after micro strategy which I believe is #1

November 20, 2024

How to Think Like an Engineer

Thinking Like an Engineer 5 Download

Thinking Like an Engineer

So one of the really fast things I learned from Michael Saylor in his last interview with Natalie Brunell at the end was what was misconception about him; and he said, the greatest misconception was that Michael Saylor was a trader, but the reality isâ€¦ Heâ€™s an engineer.

What is the difference? Well, the general difference is that an engineer, you think about things first principles, you stare deeply and analyze deeply into the true nature of things, and what that then means is you understand the true nature of things.

Then I guess, I kinda do think like an engineer, carte blanche principles.

For example, so much of this modern day BS about almost everything seems to be mostly a social problem. Sociology maybe could also be understood as the sociology of engineering, also social engineering?

What does it mean to think like an engineer?

So once again, if you understand Leonardo da Vinci like the golden standard of an engineer, somebody who is part curious, partially playful, kind of like imagine a big kid on steroids; infinite curiosity about everything. Maybe alsoâ€¦ Iâ€™m like the next Leonardo da Vinci, but a lot richer and far more jacked?

Even the problem of Leonardo da Vinci, I still think he got his patronage from the Medicis? Which means that he was not financially independent; and the truth is ultimately, without personal financial independence, you cannot really really have 100% true freedom and power.

Bitcoin as solidified happiness

I might be the first to thought this; what is bitcoin? To me it is like solidified happiness. If you took all this economic power, energy, joy, and happiness, and you could solidify it into a thing, to me that would be a bitcoin.

For example, every time I see my bitcoin balance swell and become greater, it brings a huge smile to my face, a huge boyish grin to my face, whatever scenario.

And then also then the thing isâ€¦ The bitcoin is like almost kind of imaginary. Like doesnâ€™t really exist anywhere in the physical realm, it only exists in cyberspace, your mind.

So for example, if I want to prove to you my bitcoin balance I can just take out my phone or iPad and prove it to you immediatelyâ€¦ So I guess this is the cool thoughts; now that Iâ€™m super fucking rich and powerful and godlike glorious, I could just walk into any sort of Lamborghini or Ferrari or Porsche dealership, and just automatically assume and demand a test drive!

And also the extreme joy, I could just handle and touch everything, and fuck with stuff, like I own it. Because I do.

How and why?

So once again, I think the hardest thing to think like an engineer is that at least for myself, I majored in sociology, always thought that engineering was like too math heavy, and was about following the rules.

However, if you really think about real engineering, like building a bridge or making planes fly etc.â€¦ It is 100% rooted in physics and reality.

The hard thing with ethics philosophy, as well as opinions, politics, sociology ethics etc., is that they are not focused on reality. Or nature.

So for example, the fucking insanity of somehow allowing 12-year-old kids to have access to puberty blockers, hormone inhibitors, hormone amplifiers, etc.â€¦ At such a young age? Mother Nature does not produce steroids or estrogen in pill or injection format naturally.

Nature?

The tricky thing is when people talk about natureâ€¦ Like what is it that people really are talking about? Are they talking about like human nature, our DNA, our primordial being and nature? Or are we talking about like trees and stuff? Not really sure.

Anyways, first principles first principles thinking.

So the first line of things is kind of do like a hard reformat of the past and prior knowledge, and think things totally carte blanche, blank slate, white slate, blank canvas, right now. Like if you just wiped the tablet clean, tabula rasa â€“ how would you do things, right now, in the year 2024?

For exampleâ€¦ Iâ€™m a huge fan of stick shift, the upsides of gasoline etc., and hybrid cars and Priuses, but the real truth is, if you somehow erased all the cars on the planet today, and you somehow had to create automobiles and vehicles for all 8 billion of us right nowâ€¦ How would it and how should it look like? It would probably be like all self-driving Teslas, obviously electric cars.

I think the biggest problem about petroleum cars are tailpipe emissions. If you have ever been in local LA traffic or the 405 or the 10 during peak rush-hour when you see a car without a converter on, and you have your windows down and that insanely fucking toxic tailpipe chemicals are going straight into your lungs, you will actually know firsthand that the truth is this is obviously bad for your health. And the health of your kid and family and society.

For example, imagine like you have a 1960s Camaro, without a catalytic converter. Would you allow it to run idle, in your garage with all the windows closed, with the tailpipe directly in the throat of your four-year-old child?

Obviously not!

So I think there are some simple practical things:

First, tailpipe emissions are obviously 1 trillion times bad.

Second, assuming that we all have nuclear fission or whatever, then electricity should practically be free. Then, Teslas and electric cars make sense.

Third, also assuming that the Tesla Supercharging network is growing like a virus, the obvious thing is that it will continue to grow at an exponential rate.

For example, it is very difficult to structurally build a gasoline station somewhere, but the only reason we keep using it is that it is already there, fast and convenient and cheap.

But once again, if you started a totally brand new society in the middle of the desert, obviously it would probably be centered around electric cars and electric vehicles, as the upside of building a Tesla Supercharger is very easy, far easier than building anything else.

Romanticism of the past is for weaklings

Are you a demigod or a weakling? Simple bifurcation.

So my personal understanding is that the reason why people seek refuge in the past is that it is an act of cowardice, only pussies are romantics.

I thought about this for a long time but what is it in fact, the history of the word â€œromance,â€ and why do they call it â€œromanticâ€?

Thank God for ChatGPT. They said you talked about how the notion was â€œromanzâ€â€“ essentially they were works that are created in the Romance languages, like Italian, Spanish, French etc. Anything that was not Latin.

But the problem about this movement is that it emphasized concepts and ideas that were quite degenerate in nature. For example, over excessive feelings, I think the medieval literature of knightly chivalry etc. to be â€œgallantâ€â€“ even the Vietnamese have a term â€œgallantâ€â€“ like when youâ€™re opening a door for a woman to get out of a taxi, just like a knight who takes off his robe to cover a puddle to let a woman walk across it?

People donâ€™t really give it a second thoughtâ€¦ everyone assumes that to be romantic is a good thing? Like somehow this fucking insane idea to spend six months of your salary to buy your fiancÃ© a diamond wedding ring, which is just a fake commodity. My greatest pride is that for my engagement ring to Cindy I only spent like 300 bucks on a really beautiful purple-tinted cubic zirconia diamond, super smart.

And also word to the wise; if youâ€™re planning on getting married or engaged or whateverâ€¦ Never spend more than $300 on a wedding ring.

The gift of bitcoin?

Bitcoin is like your new cyber estate. The other day I saw a new funny Zen Wabisabi minimalist hipster house, one of those really cool new three-story teepees they build on a small plot of land listed for $4.4 million. And this is for like a super tiny plot of land, even on a square block, you can fit like 30 of these houses on it.

So assuming that bitcoin is like digital real estate, or digital property, and there are only like 21 million of them on the planet forever, and also whenever youâ€™re on the 405 driving during peak rush-hour, you might see like 21 million cars on the road. And how many humans live in Los Angeles? Like 100 million?

Anyways, like imagine that I was a genie and I waved a magic wand and I told you that there would only be are 21 million single family homes, on the whole planet, forever. And there would never ever ever be more single-family homes ever produced. Wouldnâ€™t you want to nab one, for a super steal of a price, only $100,000?

Think about the price of a bitcoin vs a home

My thought is obviously you need the utility of somewhere to live, and this is where paying rent is like a quadrillion times smarter than buying real estate a single-family home, property, a condo etc.

A lot of people have this foolish idea; Iâ€™m gonna buy like a condo or a single-family home or whatever for two reasons: first, utility value like a place to live. Second, as an â€œinvestmentâ€. However, the reason why this is not good is that if you really want to maximize your investment, it is super simple you just buy bitcoin! Itâ€™s going to go up forever until it hits $55 million a bitcoin, and then probably $105 million a bitcoin etc.

I was watching CNBC, a video retweet by Michael Saylor, showing that now as of today bitcoin options trading is live! And literally everyone has their jaws dropped, everyone is like confused and befuddled, shock and awe, everyone has no idea what to think. Even Iâ€™m shocked? Even Iâ€™m confused! A very good sign.

This is not even funny anymore

So if you watch traditional news, the Telly etc., what do you see? Apple Apple Apple, Nvidia Nvidia Nvidia, Tesla Tesla Tesla, etc.

Why donâ€™t you see MicroStrategy? MSTR, which is pretty much nuclear at this point. It is literally like the hottest stock on the planet, maybe the whole human universe?

$320,000 to $860,000

Like it is kind of insaneâ€¦ I just converted all of our Roth IRA and our traditional retirement accounts, IRA, etc., and some random spare cash we had lying around all into MicroStrategy, just like three months ago, in September, when the stock was like only $140 or 130 a share. Now, it is going ballistic; $499 @ share, and Iâ€™m not gonna be shocked when you see MicroStrategy at $10,000 or even $20,000, $30,000, $40,000 or even $50,000 a share!

Why?

It is simple, it is a brand new carte blanche, a totally brand new, perfectly engineered company. If you created a totally brand new company in the year 2024, assuming that next year January 2025 is going to be year one of institutional acceptance of bitcoin, and assuming that we have this phenomenally glorious red wave, which means we have a full pro bitcoin Senate, House, president etc., and everyone is going all in on bitcoin! My personal thought is the next four years, assuming that you put all your wealth into bitcoin and or MSTR MicroStrategy stock, I will not be surprised to see your wealth 50X from here.

Why? Once again, bitcoin is the first perfectly engineered money and capital digital capital.

Up until now, the US dollar, fiat currency was kind of like the least bad thing that we could make of, if you read The Fiat Standard by Saifedean, you actually see that was really good for the period of time in which we needed it. Because for ordinary transactions, walking around with gold bars and or gold coins was not really practical. And especially for international trade, fiat currency and the banking SWIFT system was mostly useful.

But now that we have Tether, Circle and the like; you actually see a lot of Chinese corporations, I saw a lot last summer in Cambodia, even mainland Chinese companies are using Tether for payments instead of the Chinese yuan, etc.

Michael Saylor has an idea that we should have Tether relocate its headquarters to America, and if this is the case, â€¦ this would be very good for America and everybody.

What is â€œcryptoâ€?

So to anybody new to the space, we often think and hear of bitcoin and the like being called crypto, cryptocurrency etc. But it is not.

Bitcoin is digital capital, everything else is like a speculation and or like cotton candy or like a fake cubic zirconia diamond.

Not Ethereum or any Ethereum derivatives

Come on just look at the prices of bitcoin versus Ethereum. This is like literally the best day of all time, November 20, 2024 â€“ bitcoin breaking around $95,000 of bitcoin, and everyone is rooting and waiting for the $100K party. I feel bad for all of these Ethereum losers, even people with Chainlink, they are all wrong.

Everyone is a winner on the bitcoin standard. The nuance is that there are just varying degrees of success.

MSTR or Bitcoin?

My simple workflow is that you just buy MicroStrategy, ride it up, and shave some off of the top in order to buy more bitcoin.

MSTR â€“> BTC

For example, if you purchase like $150,000 worth of MicroStrategy stock, and then it goes up to $200,000 worth, it is very simple, you just sell $50,000 worth of the stock, transfer that to your checking account, and then buy $50,000 of bitcoin, just using Coinbase or whatever app or platform or thing you have access to.

Why BTC over MicroStrategy?

Bitcoin is the true digital capital, like owning the square of blocks of cyber Manhattan. Ultimately, if youâ€™re a really really really rich wealthy family, the best is to brag about how many square blocks of Manhattan you own. For example, if you own like 21 square blocks of Manhattan, right next to Fifth Avenue and Central Park, this is worth like billions of dollars. You never sell like a square block of Fifth Avenue, in order to buy a Lamborghini or Starbucks Frappuccinoâ€™s. Even more so, you donâ€™t sell like a 10th of your apartment building for a couple coffee or a sandwich.

Once again, just imagine like a single bitcoin being like a square block in Manhattan, but the reason why owning bitcoin is even superior to own a square block in Manhattan is that in technicality, you could actually produce more land even on the main island; just look at that one dude who built up the docks, you could just pour concrete, sand, and land to extend the island, to build more artificial land. Or you could just tear down old buildings and build more skyscrapers that flow ever more upwards.

My personal thought is that there are people who just want fixed regular income. For example, if you just want to FIRE, financial independence retire early, and you just want a magical $10,000 USD to be deposited to your checking account, forever, then the best strategy is to just buy MicroStrategy stock, ride it up, and at the end of every month when rent and stuff is due just sell some MicroStrategy stock, for your living expenses, paying for your rent your beef ribs at Costco etc.

I got the keys keys keys keys!

I have the keys to all success, we the best! (BITCOIN, DJ KHALED)

The system is rigged against you

Conspiracy theories aside, structurally, the truth is the system is rigged against you. Why? It was engineered that way.

For example, even in America today, we are currently operating on 20th-century rails, yet it is the 21st century. One very interesting thing I learned from Michael Saylor about the history of science is that the reason why most cars and vehicles are the width it is today is that it is simply based off of the size of the rails that the ancient Romans did for their roads;

All roads lead to Rome.

All roads lead to Bitcoin!

I think people are starting to wake upâ€¦ Theyâ€™re starting to realize that their Dogecoin, Shiba Inu coin, memecoins, altcoins, Ethereum, Chainlink etc. arenâ€™t actually worth anything.

Naturally, Wu-Wei â€“ all of the weaker currencies and assets shall flow into the stronger ones.

What that means is youâ€™re already seeing it, an exodus and a flight from Ethereum into bitcoin, which is like 1 trillion times better, sexier, cooler, more desirable, stronger, and superior in every sort of way.

For example, would you rather be driving the old Volkswagen Passat, or the Cybertruck on steroids?

Or, would you rather have the horse and buggy, or would you rather have the Rolls-Royce, the Bentley, or the Lexus LS?

Fully loaded LSâ€™s,,, ah yes! – JAY Z

Carte Blanche economic theory

One of my great happinesses is that I did not formally study economics. Why is it such a good thing? I also never studied business, another good thing.

The reason is all the old models are wrong, and whenever we simply try to copy the past models, we will not succeed in massively because true successes are carte blanche, insanely awesome.

For example, it seems now that Tesla and Nvidia were such obvious investing decisions, or like buying Apple in the 1980s. Or buying Google or Amazon or even Microsoft in the early days.

Now, if I could tell you that there is this thing or company or concept that is actually in fact like 1 million times more valuable than Apple, Amazon, Facebook, Google etc.â€¦ And that is gonna take over the whole planet, wouldnâ€™t you want to buy a piece of the pie?

The big idea, if you were like in mainland China, even if you wanted to buy Apple, Amazon, Facebook etc., you couldnâ€™t because these are US American securities. With bitcoin, you can! It does not matter what your jurisdiction, your country, your thing is etc. If you are in Nairobi, Afghanistan, Shanghai, Beirut, the Netherlands, whatever, anyone and everyone could purchase bitcoin. Iâ€™m sure thereâ€™s even clever ways you could do it in Cuba.

The race for cyberspace

Another interesting thought from Michael Saylor, considering that he studied history of science at MIT, which sounds like a very very good major, a good idea, maybe if Seneca gets into MIT and wants to study history of science, Iâ€™ll send him.

Anyways, Michael Saylor studied aeronautical engineering, and although he is a huge fan of Elon Musk he also is a bit critical;

Before we go to outer space, why not go into cyberspace instead?

The notion cyber is actually super funny because it is kind of like an antiquated term; but as of late has become cool again. Like cyberpunk, Cybertruck etc.

Actually, the funny thing was in the early 90s, when I was a kid, on AOL Instant Messenger, when you said â€œWanna cyber?â€ was essentially sexual innuendo like do you wanna have sexy online erotic talk?

Anyways, the reason why cyberspace seems to be a good field is that this is where all the economic energy, power, and warfare is heading. For example, out of all the traditional job paths, cybersecurity seems to be the most important one, also â€œpenetration testingâ€œ. This is where the big money is.

But beyond that, it is obviously bitcoin. Bitcoin is and will become the global monetary network, Iâ€™m also certain we could even use bitcoin when we go to Mars. If you want to bring your wealth with you on a spaceship to the moon or Mars or whatever, it seems pretty obvious that you would probably bring bitcoin. Youâ€™re not going to take your square block in Manhattan or Culver City with you; you cannot take gold bars with you on a spaceship, nor can you bring fiat currency, your JPMorgan Chase, your Lamborghini etc.

Why bitcoin might be the best most ethical thing for the planet?

The reason is because, once you have produced and created the bitcoin, it will last forever. There is nothing in the whole human universe that will last forever, as a result of physics and decay etc. But a bitcoin does.

Buy happiness, buy Bitcoin!

ERIC

November 20, 2024

Thinking Like an Engineer

So one of the really fast things I learned from Michael Saylor in his last interview with Natalie Brunell at the end what is what was misconception about him; and he said, the greatest misconception was that Michael Saylor was a trader, but the reality isâ€¦ Heâ€™s an engineer.

What is the difference? Well the general difference is that an engineer, do you think about things first principles, use stare deeply and analyze deeply into the true nature of things, and what that then means is you understand the true nature of things.

Then I guess, I kinda do think like an engineer, carte blanche principles.

For example, so much of this modern day BS about almost everything, seems to be mostly a social problem. Sociology, maybe could also be understand as the sociology of engineering, also social engineering?

what does it mean to think like an engineer?

So once again, if you understand Leonardo da Vinci like the Golden standard of an engineer, somebody who is part curious, partially playful, kind of like imagine a big kid on steroids; infinite curiosity about everything. Maybe alsoâ€¦ Iâ€™m like the next Leonardo da Vinci, but a lot richer And far more jacked?

Even the problem of a Leonard da Vinci, I still think he got his patronage from the Mediciâ€™s? Which means that he was not financially independent; and the truth is ultimately, without personal financial independence, you cannot really really have 100% true freedom and power. ï¿¼

Bitcoin as solidified happiness

I might be the first to thought this; what is bitcoin? To me it is like solidified happiness. If you took all this economic power energy joy and happiness, and you could solidify it into a thing, to me that would be a bitcoin.

For example, every time I see my bitcoin balance swell, and become greater, it brings a huge smile to my face, a huge voyage grin to my face, whatever scenario.

And then also then the thing isâ€¦ The bitcoin is like almost kind of imaginary. Like doesnâ€™t really exist anywhere in the physical realm, it only exists in cyberspace, your mind.

So for example, if I want to prove to you my bitcoin balance I can just take out my phone or iPad and prove it to you immediatelyâ€¦ So I guess this is the cool thoughts; now that Iâ€™m super fucking rich and powerful and godlike glorious, I could just walk into any sort of Lamborghini or Ferrari or Porsche dealership, and just automatically assume and demand a test drive!

And also the extreme joy, I could just handle and touch everything, and fuck with stuff, like I own it. Because I do.

How and why?

So once again, I think the hardest thing to think like an engineer is that at least for myself, I majored in sociology, always thought the engineering was like two math heavy, and was about following the rules.

However, if you really think about real engineering, like building a bridge or making planes fly etc.â€¦ It is 100% rooted in physics and reality.

The hard thing with ethics philosophy, as well as opinions, politics, sociology ethics etc. is that they are not focused on reality. Or nature.

So for example, the fucking insanity of somehow allowing 12-year-old kids, have access to puberty blockers, hormone inhibitors, hormone amplifiers, etc.â€¦ At such a young age? Mother nature does not produce steroids or estrogen in pill or injection format naturally.

Nature?

The tricky thing is when people talk about natureâ€¦ Like what is it that people really are talking about? Are they talking about like human nature, our DNA, our primordial being and nature? Or are we talking about like trees and stuff? Not really sure.

Anyways, first principles first principles thinking.

So the first line of things is kind of do like a hard reformat of the past and prior knowledge, and think things totally carte blanche, blank slate, white slate, black canvas, right now. Like if you just wiped the tablet clean, tabula rasa — how would you do things, right now, in the year 2024?

For exampleâ€¦ Iâ€™m a huge fan of stick shift, the upsides of gasoline etc., and hybrid cars and Priuses, but the real truth is, if you somehow erased all the cars on the planet, today, and you somehow had to create automobiles and vehicles for all 8 billion of us right nowâ€¦ How would it and how should it look like? It would probably be like all self driving Teslas, obviously electric cars.

I think the biggest problem about petroleum cars are tailpipe admissions. If you have ever been in local LA traffic or the 405 or the 10 during peak rush-hour when you see a car with that converter on, and you have your windows down and that insanely fucking toxic tailpipe chemicals are going straight into your lungs, You will actually know first hand, that the truth is this is obviously bad for your health. And the health of your kid and family and society.

For example, imagine like you have a 1960s Camaro, without a catalytic converter. Would you allow it to run idle, in your garage with all the windows closed, with the tailpipe directly in the throat of your four-year-old child?

Obviously not!

So I think there are some simple practical things;

First, tailpipe emissions are obviously 1 trillion times bad.

Second, assuming that we all have nuclear vision or whatever, then electricity should practically be free. Then, Teslas and electric cars makes sense.

Third also assuming that the Tesla super charging network is growing like a virus, the obvious thing thing is that it will continue to grow at an exponential rate.

For example, it is very difficult to structurally build a gasoline station somewhere, but the only reason we keep using it is that it is already there, fast and convenient and cheap.

But once again, if you started a totally brand new society in the middle of the desert, obviously it would probably be centered around electric cars and electric vehicles, as the upside of building a Tesla supercharger is very easy, Far easier than building anything else.

Romanticism of the past is for weaklings

Are you a demigod or a weakling? Simple bifurcation.

So my personal understanding is that the reason why people seek refuge in the past is that it is an act of cowardice, only pussies are romantics.

ï¿¼I thought about this for a long time but what is it in fact, the history of the word â€œromance, and why do they call it â€œromanticâ€? ï¿¼ï¿¼ï¿¼

Thank God for ChatGPT. They said you talked about how the notion was â€œromanzâ€– essentially it were works that are created in the romance language languages, like Italian Spanish French etc. Anything that was not Latin.

But the problem about this movement is that it emphasized concepts and ideas that were quite degenerate in nature. For example, over excessive feelings, I think the medieval literature of knightly chivalry etc. to be â€œgallantâ€– even the Vietnamese have a term â€œgallantâ€– like when youâ€™re opening a door for a woman to get out of a taxi, just like a knight who takes off his robe to cover a puddle to let a woman walk across it?

People donâ€™t really give it a second thoughtâ€¦ ï¿¼ everyone assumes that to be romantic is a good thing? Like somehow this fucking insane idea I spent six months of your salary to buy your fiancÃ© a diamond wedding ring, which is just a fake commodity. My greatest pride is that for my engagement ring to Cindy only spent like 300 bucks on a really beautiful purple tinted cubic zirconia diamond, super smart.

And also wore the wise; if youâ€™re planning on getting married or engaged or whateverâ€¦ Never spend more than $300 on a wedding ring.

The gift of bitcoin?

Bitcoin is like your new cyber estate. The other day I saw a new funny Zen Wabisabi minimalist hipster house, one of those really cool new three-story teepees they build on a small plot of land listed for $4.4 million. And this is for like a super tiny plot of land, even on a square block, you can feel like 30 of these houses on it.

So assuming that bitcoin is like digital real estate, or digital property, and there are only like 21 million of them on the planet forever, and also whenever youâ€™re on the 405 driving during peak rush-hour, you might see like 21 million cars on the road. And how many humans live in Los Angeles? Like 100 million?

anyways, like imagine that I was a genie and I waved a magic wand and I told you that there would only be our 21 million single family homes, on the whole planet, forever. And there would never ever ever be more single-family homes ever produced. Wouldnâ€™t you want to nab one, for a super steal of a price, only $100,000?

Think about the price of a bitcoin vs a home

My thought is obviously you need the utility of somewhere to live, and this is where paying rent is like a quadrillion times smarter than buying real estate a single-family home, property, a condo etc.

A lot of people have this foolish idea; Iâ€™m gonna buy like a condo or a single-family home or whatever for two reasons: first, utility value like a place to live. Second, as an â€œinvestmentâ€. However the reason why this is not good is that if you really want to maximize your investment, it is super simple you just buy bitcoin! Itâ€™s going to go up forever until it hits $55 million a bitcoin, and then probably $105 million a bitcoin etc. ï¿¼ï¿¼

I was watching CNBC a video retweet by Michael Saylor, showing that now as of today bitcoins options trading is live! And literally everyone has their jaws dropped, everyone is like confused and befuddled, shock and all, everyone has no idea what to think. Even Iâ€™m shocked? Even Iâ€™m confused! A very good sign.

this is not even funny anymore

So if you watch traditional news, the Telly etc, what do you see? Apple Apple Apple, Nvidia Nvidia Nvidia, Tesla Tesla Tesla, etc.

Why donâ€™t you see microstrategy? ï¿¼MSTR, which is pretty much nuclear at this point. It is literally like the hottest stock on the planet, maybe the whole human universe?

$320,000 to $860,000

ï¿¼ Like it is kind of insaneâ€¦ I just converted all of our Roth IRA and our traditional retirement accounts, IRA, etc., and some random spare cash we had lying around all into MicroStrategy, just like three months ago, in September, when the stock was like only $140 or 130 a share. Now, it is going ballistic; $499 @ share, and Iâ€™m not gonna be shocked when you see MicroStrategy at $10,000 or even $20,000, $30,000, $40,000 or even $50,000 a share!

Why? ï¿¼

It is simple, it is a brand new carte blanche, a totally brand new, perfectly engineered company. If you created a totally brand new company in the year 2024, assuming that next year January 2025 is going to be year one of institutional acceptance of bitcoin, And assuming that we have this phenomenally glorious red wave, which means we have a full pro bitcoin Senate house president etc., and everyone is going all in on bitcoin! My personal thought is the next four years, assuming that you put all your wealth into bitcoin and or MSTR microstrategy stock, I will not be surprised to see your wealth 50X from here. ï¿¼

Why? Once again, bitcoin is the first perfectly engineered money and capital digital capital.

Up until now, the US dollar, field currency was kind of like the least bad thing that we could make of, if you read The Fist Standard by Saifedean, you actually see that was really good for the period of time in which we needed it. Because for ordinary transactions, walking around with gold bars and or gold coins was not really practical. And especially for international trade, fiat currency the banking Swift system was mostly useful.

But now that we have tether, circle and the like; you actually see a lot of Chinese corporations, I saw a lot last summer in Cambodia, even mainland Chinese companies are using tether for payments instead of the Chinese yuan, etc.

Michael Saylor has an idea that we should have tether relocate her headquarters to America, and if this is the case, â€¦ this would be very good for America and everybody.

what is â€œcryptoâ€?

ï¿¼ï¿¼ï¿¼So to anybody new to the space, we often think and hear of bitcoin and the like being called crypto, cryptocurrency etc. But it is not. ï¿¼

Bitcoin is digital capital, everything else is like a speculation and or like cotton candy or like a fake cubic zirconia diamond.

Not Ethereum or any Ethereum derivatives

Come on just look at the prices of bitcoin versus Ethereum. This is like literally the best day of all time, November 20, 2024 — bitcoin breaking around $95,000 of bitcoin, and everyone is rooting and waiting for the $100K party. ï¿¼ I feel bad for all of these Ethereum losers, even people with chainlink, they are all wrong. ï¿¼

Everyone is a winner on the bitcoin standard. The nuance is that there are just varying degrees of success.

MSTR or Bitcoin?

My simple workflow is that you just buy micro strategy, write it up, and shave some off of the top in order to buy more bitcoin. ï¿¼ï¿¼

MSTR –> BTC

For example, if you purchase like $150,000 worth of microstrategy stock, and then it goes up to $200,000 worth, it is very simple, you just sell $50,000 worth the stock, transfer that to your checking account, and then buy $50,000 of bitcoin, ï¿¼just using Coinbase or whatever app or platform or thing you have access to. ï¿¼

Why BTC over MicroStrategy?

Bitcoin, is the true digital capital, like owning the square of blocks of cyber Manhattan. Ultimately, if youâ€™re a really really really rich wealthy family, the best is to brag about how many square blocks of Manhattan your own. For example if you own like 21 square blocks of Manhattan, right next to fifth Avenue, and Central Park, This is worth like billions of dollars. You never sell like a square block of fifth Avenue, in order to buy a Lamborghini or Starbucks Frappuccinoâ€™s. Even more so, you donâ€™t sell like a 10th of your apartment building for a couple coffee or a sandwich.

Once again, just imagine like a single bitcoin being like a square block in Manhattan, but the reason why owning bitcoin is even superior to own a square block in Manhattan is that in technicality, you could actually produce more land even on the main island; just look at That one dude who built up the docks, you could just pour concrete sand and land to extend the island, to build more artificial land. Or you could just tear down old buildings and build more skyscraper that flow ever more upwards.

My personal thought is that there are people who just want fixed regular income. For example if you just want to FIRE, financial independence retire early, and you just want a magical $10,000 USD to be deposited to your checking account, forever, then the best strategy is to just buy microstrategy stock, write it up, and at the end of every month when rent and stuff is due just sell some micro garage stock, for your living expenses, paying for your rent your beef ribs at Costco etc. ï¿¼

I got the keys keys keys keys!

I have the keys to all success, we the best! (BITCOIN, DJ KHALED)

The system is rigged against you

ï¿¼ conspiracy theories aside, structurally, the truth is the system is rigged against you. Why? It was engineered that way.

For example, even in America today, we are currently operating on 20th century rails, yet it is the 21st-century. Iâ€™m very interesting thing I learned from Michael Saylor about the history of science is that the reason why most cars and vehicles are the width it is today is that it is simply based off of the size of the rails that the ancient Romans did for her roads;

All roads lead to Rome.

All roads lead to Bitcoin!

I think people are starting to wake upâ€¦ Theyâ€™re starting to realize that their Dogecoin, Shiba Inu coin, memecoins, altcoins, ethereum, chainlink etc arenâ€™t actually worth anything.

Naturally, Wu-Wei — all of the weaker currencies and assets shall flow into the stronger ones.

What that means is your already seeing it, Iâ€™m Exodus in a flight from Ethereum into bitcoin, which is like 1 trillion times better sexier cooler more desirable stronger and superior in every sort of way.

For example, would you rather be driving the old Volkswagen Passat, or the cybertruck on steroids? ï¿¼

Or, would you rather have the horse and buggy, or would you rather have the Rolls-Royce the Bentley or the Lexus LS?

Fully loaded LSâ€™s,,, ah yes! – JAY Z

Carte Blanche economic theory

ï¿¼ one of my great happinesses is that I did not formally study economics. Why is it such a good thing? I also never studied business, another good thing.

The reason is all the old models are wrong, and whenever we simply try to copy the past models, we will not succeed in massively because true successes are carte Blanche, insanely awesome.

For example, it seems now that Tesla in Nvidia was such obvious investing decisions, or like buying Apple in the 1980s. Or buying Google or Amazon or even Microsoft in the early days.

Now, if I could tell you that there is this thing or company or concept ï¿¼ Fan is actually in fact like 1 million times more valuable than Apple Amazon Facebook google etc.â€¦ And that is gonna take over the whole planet, wouldnâ€™t you want to buy a piece of the pie?

The big idea, if you were like in mainland China, even if you wanted to buy Apple Amazon Facebook etc., you couldnâ€™t because these are US American securities. With bitcoin, you can! It does not matter what your jurisdiction your country your thing is etc. If you are in Nairobi, Afghanistan, Shanghai, Beirut, the Netherlands whatever, anyone and everyone could purchase bitcoin. Iâ€™m sure thereâ€™s even clever ways you could do it in Cuba.

The race for cyberspace

Another interesting thought from Michael Saylor, considering that he studied history of science at MIT, which sounds like a very very good major, a good idea, maybe if Seneca gets into MIT and wants to study history of science, Iâ€™ll send him.

Anyways, Michael Saylor studied aeronautical engineering, and although he is a huge fan of Elon Musk he also is a bit critical;

before we go to outer space, why not go into cyberspace instead?

The notion cyber is actually super funny because it is kind of like an antiquated term; but as of late has become cool again. Like cyberpunk, cyber truck etc.

Actually the funny thing was in the early 90s, when I was a kid, on AOL instant messenger, when you said â€œWanna cyber?â€ What is essentially sexual innuendo like do you wanna have sexy online erotic talk?

Anyways, the reason why cyberspace seems to be a good field is that this is where all the economic energy power and warfare is heading. For example out of all the traditional job pats, cyber security seems to be the most important one, also â€œpenetration testingâ€œ. This is where the big money is.

But beyond that, it is obviously bitcoin. Bitcoin is and will become the global monetary network, Iâ€™m also certain we could even use bitcoin when we go to Mars. If you want to bring your wealth with you on a spaceship to the moon or Mars or whatever, it seems pretty obvious that you would probably Bring bitcoin. Youâ€™re not going to take your square block in Manhattan or Culver City with you; you cannot take gold bars with you on a spaceship, nor can you bring Fiat currency, your JP Morgan Chase, your Lamborghini etc.

why bitcoin might be the best most ethical thing for the planet?

The reason is because, once you have produced and created the bitcoin, it will last forever. There is nothing in the whole human universe that will last forever, as a result of physics and decay etc. But a bitcoin does. ï¿¼ï¿¼

Buy happiness, buy Bitcoin!

ERIC

November 20, 2024

You can enjoy it without owning it

What is the only worth thing owning on the planet? Bitcoin because it will forever accumulate and value! No other physical or land based asset on the human earth or planet will.

Business Loans?

Higher numbers at any costs? ï¿¼

A bitcoin backed loan?

November 20, 2024

Any bitcoin sub $100,000 is a steal!

Like buying a single family home in Culver City for only $100,000!

November 20, 2024

Business Loans?

Higher numbers at any costs? ï¿¼

A bitcoin backed loan?

.

How can I borrow $1 million

there is no second best ï¿¼

Bitcoin business

The ethics of the body?

.

any bitcoin sub $100,000 is a steal!

November 20, 2024

Upsized Offering

You know youâ€™re onto something good when you are oversubscribed, like people are begging to get in!

Great businesses and opportunities etc.â€¦ Should be like super insanely fucking obvious!

November 20, 2024

The virtues of Culver City

Safety first!

Being in front of the fire department or even the police, I feel safe!

November 20, 2024

Fucking Crazy!!!

November 20, 2024

We the new bitcoin big orange dicks!

Iâ€™m starting to feel like Wolf of Wall Street, or like GameStop,!!

November 20, 2024

Bitcoin is going to take over the planet!

Like the Tesla supercharging stations!

*

My only goal was to NOT â€œworkâ€!

Bitcoin works for you!

*

The bitcoin red wave ï¿¼

If bitcoin is already reacting this favorably, and Trump isnâ€™t even an office yet, doesnâ€™t that then mean that even in todayâ€™s prices, bitcoin is massively undervalued? Meaning that the best time to buy bitcoin or micro stock or get in is before the Cynthia Lummis bill, the bitcoin act in which US government purchases 1 million bitcoins, possibly even moreâ€¦ Iâ€™m hoping for a triple Trump max, America should try to buy at least 10% of the bitcoin network, at least 2 million ï¿¼bitcoins in the long run —

November 20, 2024

The bitcoin red wave ï¿¼

If bitcoin is already reacting this favorably, and Trump isnâ€™t even an office yet, doesnâ€™t that then mean that even in todayâ€™s prices, bitcoin is massively undervalued? Meaning that the best time to buy bitcoin or micro stock or get in is before the Cynthia Lummis bill, the bitcoin act in which US government purchases 1 million bitcoins, possibly even moreâ€¦ Iâ€™m hoping for a triple Trump max, America should try to buy at least 10% of the bitcoin network, at least 2 million ï¿¼bitcoins in the long run —

November 20, 2024

Bitcoin Prophet

November 20, 2024

MicroStrategy (MSTR) Might be the most valuable company or stock on the planet? #1?

Bitcoin prophet â€”

Everyone is going to think youâ€™re crazy, or dumb or foolish until youâ€™re right.

No man is a prophet in his own home or land

Wow $MSTR is the most traded stock in America today.. to best $TSLA and $NVDA is crazy. It’s been years since a stock has traded more than one of those two (it may have actually been $GME to last do it). It’s also about double $SPY! Wild times.. @ericbalchunas

November 20, 2024

All Roads Lead to Bitcoin!

November 20, 2024

Thinking Like an Engineer

So one of the really fast things I learned from Michael Saylor in his last interview with Natalie Brunell at the end what is what was misconception about him; and he said, the greatest misconception was that Michael Saylor was a traitor, but the reality isâ€¦ Heâ€™s an engineer.

What is the difference? Well the general difference is that an engineer, do you think about things first principles, use stare deeply and analyze deeply into the true nature of things, and what that then means is you understand the true nature of things.

Then I guess, I kinda do think like an engineer, carte blanche principles.

For example, so much of this modern day BS about almost everything, seems to be mostly a social problem. Sociology, maybe could also be understand as the sociology of engineering, also social engineering?

what does it mean to think like an engineer?

So once again, if you understand Leonardo da Vinci like the Golden standard of an engineer, somebody who is part curious, partially playful, kind of like imagine a big kid on steroids; infinite curiosity about everything. Maybe alsoâ€¦ Iâ€™m like the next Leonardo da Vinci, but a lot richer And far more jacked?

Even the problem of a Leonard da Vinci, I still think he got his patronage from the Mediciâ€™s? Which means that he was not financially independent; and the truth is ultimately, without personal financial independence, you cannot really really have 100% true freedom and power. ï¿¼

Bitcoin as solidified happiness

I might be the first to thought this; what is bitcoin? To me it is like solidified happiness. If you took all this economic power energy joy and happiness, and you could solidify it into a thing, to me that would be a bitcoin.

For example, every time I see my bitcoin balance swell, and become greater, it brings a huge smile to my face, a huge voyage grin to my face, whatever scenario.

And then also then the thing isâ€¦ The bitcoin is like almost kind of imaginary. Like doesnâ€™t really exist anywhere in the physical realm, it only exists in cyberspace, your mind.

So for example, if I want to prove to you my bitcoin balance I can just take out my phone or iPad and prove it to you immediatelyâ€¦ So I guess this is the cool thoughts; now that Iâ€™m super fucking rich and powerful and godlike glorious, I could just walk into any sort of Lamborghini or Ferrari or Porsche dealership, and just automatically assume and demand a test drive!

And also the extreme joy, I could just handle and touch everything, and fuck with stuff, like I own it. Because I do.

How and why?

So once again, I think the hardest thing to think like an engineer is that at least for myself, I majored in sociology, always thought the engineering was like two math heavy, and was about following the rules.

However, if you really think about real engineering, like building a bridge or making planes fly etc.â€¦ It is 100% rooted in physics and reality.

The hard thing with ethics philosophy, as well as opinions, politics, sociology ethics etc. is that they are not focused on reality. Or nature.

So for example, the fucking insanity of somehow allowing 12-year-old kids, have access to puberty blockers, hormone inhibitors, hormone amplifiers, etc.â€¦ At such a young age? Mother nature does not produce steroids or estrogen in pill or injection format naturally.

Nature?

The tricky thing is when people talk about natureâ€¦ Like what is it that people really are talking about? Are they talking about like human nature, our DNA, our primordial being and nature? Or are we talking about like trees and stuff? Not really sure.

Anyways, first principles first principles thinking.

So the first line of things is kind of do like a hard reformat of the past and prior knowledge, and think things totally carte blanche, blank slate, white slate, black canvas, right now. Like if you just wiped the tablet clean, tabula rasa — how would you do things, right now, in the year 2024?

For exampleâ€¦ Iâ€™m a huge fan of stick shift, the upsides of gasoline etc., and hybrid cars and Priuses, but the real truth is, if you somehow erased all the cars on the planet, today, and you somehow had to create automobiles and vehicles for all 8 billion of us right nowâ€¦ How would it and how should it look like? It would probably be like all self driving Teslas, obviously electric cars.

I think the biggest problem about petroleum cars are tailpipe admissions. If you have ever been in local LA traffic or the 405 or the 10 during peak rush-hour when you see a car with that converter on, and you have your windows down and that insanely fucking toxic tailpipe chemicals are going straight into your lungs, You will actually know first hand, that the truth is this is obviously bad for your health. And the health of your kid and family and society.

For example, imagine like you have a 1960s Camaro, without a catalytic converter. Would you allow it to run idle, in your garage with all the windows closed, with the tailpipe directly in the throat of your four-year-old child?

Obviously not!

So I think there are some simple practical things;

First, tailpipe emissions are obviously 1 trillion times bad.

Second, assuming that we all have nuclear vision or whatever, then electricity should practically be free. Then, Teslas and electric cars makes sense.

Third also assuming that the Tesla super charging network is growing like a virus, the obvious thing thing is that it will continue to grow at an exponential rate.

For example, it is very difficult to structurally build a gasoline station somewhere, but the only reason we keep using it is that it is already there, fast and convenient and cheap.

But once again, if you started a totally brand new society in the middle of the desert, obviously it would probably be centered around electric cars and electric vehicles, as the upside of building a Tesla supercharger is very easy, Far easier than building anything else.

Romanticism of the past is for weaklings

Are you a demigod or a weakling? Simple bifurcation.

So my personal understanding is that the reason why people seek refuge in the past is that it is an act of cowardice, only pussies are romantics.

ï¿¼I thought about this for a long time but what is it in fact, the history of the word â€œromance, and why do they call it â€œromanticâ€? ï¿¼ï¿¼ï¿¼

Thank God for ChatGPT. They said you talked about how the notion was â€œromanzâ€– essentially it were works that are created in the romance language languages, like Italian Spanish French etc. Anything that was not Latin.

But the problem about this movement is that it emphasized concepts and ideas that were quite degenerate in nature. For example, over excessive feelings, I think the medieval literature of knightly chivalry etc. to be â€œgallantâ€– even the Vietnamese have a term â€œgallantâ€– like when youâ€™re opening a door for a woman to get out of a taxi, just like a knight who takes off his robe to cover a puddle to let a woman walk across it?

People donâ€™t really give it a second thoughtâ€¦ ï¿¼ everyone assumes that to be romantic is a good thing? Like somehow this fucking insane idea I spent six months of your salary to buy your fiancÃ© a diamond wedding ring, which is just a fake commodity. My greatest pride is that for my engagement ring to Cindy only spent like 300 bucks on a really beautiful purple tinted cubic zirconia diamond, super smart.

And also wore the wise; if youâ€™re planning on getting married or engaged or whateverâ€¦ Never spend more than $300 on a wedding ring.

The gift of bitcoin?

Bitcoin is like your new cyber estate. The other day I saw a new funny Zen Wabisabi minimalist hipster house, one of those really cool new three-story teepees they build on a small plot of land listed for $4.4 million. And this is for like a super tiny plot of land, even on a square block, you can feel like 30 of these houses on it.

So assuming that bitcoin is like digital real estate, or digital property, and there are only like 21 million of them on the planet forever, and also whenever youâ€™re on the 405 driving during peak rush-hour, you might see like 21 million cars on the road. And how many humans live in Los Angeles? Like 100 million?

anyways, like imagine that I was a genie and I waved a magic wand and I told you that there would only be our 21 million single family homes, on the whole planet, forever. And there would never ever ever be more single-family homes ever produced. Wouldnâ€™t you want to nab one, for a super steal of a price, only $100,000?

Think about the price of a bitcoin vs a home

My thought is obviously you need the utility of somewhere to live, and this is where paying rent is like a quadrillion times smarter than buying real estate a single-family home, property, a condo etc.

A lot of people have this foolish idea; Iâ€™m gonna buy like a condo or a single-family home or whatever for two reasons: first, utility value like a place to live. Second, as an â€œinvestmentâ€. However the reason why this is not good is that if you really want to maximize your investment, it is super simple you just buy bitcoin! Itâ€™s going to go up forever until it hits $55 million a bitcoin, and then probably $105 million a bitcoin etc. ï¿¼ï¿¼

I was watching CNBC a video retweet by Michael Saylor, showing that now as of today bitcoins options trading is live! And literally everyone has their jaws dropped, everyone is like confused and befuddled, shock and all, everyone has no idea what to think. Even Iâ€™m shocked? Even Iâ€™m confused! A very good sign.

this is not even funny anymore

So if you watch traditional news, the Telly etc, what do you see? Apple Apple Apple, Nvidia Nvidia Nvidia, Tesla Tesla Tesla, etc.

Why donâ€™t you see microstrategy? ï¿¼MSTR, which is pretty much nuclear at this point. It is literally like the hottest stock on the planet, maybe the whole human universe?

$320,000 to $860,000

ï¿¼ Like it is kind of insaneâ€¦ I just converted all of our Roth IRA and our traditional retirement accounts, IRA, etc., and some random spare cash we had lying around all into MicroStrategy, just like three months ago, in September, when the stock was like only $140 or 130 a share. Now, it is going ballistic; $499 @ share, and Iâ€™m not gonna be shocked when you see MicroStrategy at $10,000 or even $20,000, $30,000, $40,000 or even $50,000 a share!

Why? ï¿¼

It is simple, it is a brand new carte blanche, a totally brand new, perfectly engineered company. If you created a totally brand new company in the year 2024, assuming that next year January 2025 is going to be year one of institutional acceptance of bitcoin, And assuming that we have this phenomenally glorious red wave, which means we have a full pro bitcoin Senate house president etc., and everyone is going all in on bitcoin! My personal thought is the next four years, assuming that you put all your wealth into bitcoin and or MSTR microstrategy stock, I will not be surprised to see your wealth 50X from here. ï¿¼

Why? Once again, bitcoin is the first perfectly engineered money and capital digital capital.

Up until now, the US dollar, field currency was kind of like the least bad thing that we could make of, if you read The Fist Standard by Saifedean, you actually see that was really good for the period of time in which we needed it. Because for ordinary transactions, walking around with gold bars and or gold coins was not really practical. And especially for international trade, fiat currency the banking Swift system was mostly useful.

But now that we have tether, circle and the like; you actually see a lot of Chinese corporations, I saw a lot last summer in Cambodia, even mainland Chinese companies are using tether for payments instead of the Chinese yuan, etc.

Michael Saylor has an idea that we should have tether relocate her headquarters to America, and if this is the case, â€¦ this would be very good for America and everybody.

what is â€œcryptoâ€?

ï¿¼ï¿¼ï¿¼So to anybody new to the space, we often think and hear of bitcoin and the like being called crypto, cryptocurrency etc. But it is not. ï¿¼

Bitcoin is digital capital, everything else is like a speculation and or like cotton candy or like a fake cubic zirconia diamond.

Not Ethereum or any Ethereum derivatives

Come on just look at the prices of bitcoin versus Ethereum. This is like literally the best day of all time, November 20, 2024 — bitcoin breaking around $95,000 of bitcoin, and everyone is rooting and waiting for the $100K party. ï¿¼ I feel bad for all of these Ethereum losers, even people with chainlink, they are all wrong. ï¿¼

Everyone is a winner on the bitcoin standard. The nuance is that there are just varying degrees of success.

MSTR or Bitcoin?

My simple workflow is that you just buy micro strategy, write it up, and shave some off of the top in order to buy more bitcoin. ï¿¼ï¿¼

MSTR –> BTC

For example, if you purchase like $150,000 worth of microstrategy stock, and then it goes up to $200,000 worth, it is very simple, you just sell $50,000 worth the stock, transfer that to your checking account, and then buy $50,000 of bitcoin, ï¿¼just using Coinbase or whatever app or platform or thing you have access to. ï¿¼

Why BTC over MicroStrategy?

Bitcoin, is the true digital capital, like owning the square of blocks of cyber Manhattan. Ultimately, if youâ€™re a really really really rich wealthy family, the best is to brag about how many square blocks of Manhattan your own. For example if you own like 21 square blocks of Manhattan, right next to fifth Avenue, and Central Park, This is worth like billions of dollars. You never sell like a square block of fifth Avenue, in order to buy a Lamborghini or Starbucks Frappuccinoâ€™s. Even more so, you donâ€™t sell like a 10th of your apartment building for a couple coffee or a sandwich.

Once again, just imagine like a single bitcoin being like a square block in Manhattan, but the reason why owning bitcoin is even superior to own a square block in Manhattan is that in technicality, you could actually produce more land even on the main island; just look at That one dude who built up the docks, you could just pour concrete sand and land to extend the island, to build more artificial land. Or you could just tear down old buildings and build more skyscraper that flow ever more upwards.

My personal thought is that there are people who just want fixed regular income. For example if you just want to FIRE, financial independence retire early, and you just want a magical $10,000 USD to be deposited to your checking account, forever, then the best strategy is to just buy microstrategy stock, write it up, and at the end of every month when rent and stuff is due just sell some micro garage stock, for your living expenses, paying for your rent your beef ribs at Costco etc. ï¿¼

November 20, 2024

Thinking Like an Engineer

So one of the really fast things I learned from Michael Saylor in his last interview with Natalie Brunell at the end what is what was misconception about him; and he said, the greatest misconception was that Michael Saylor was a traitor, but the reality isâ€¦ Heâ€™s an engineer.

What is the difference? Well the general difference is that an engineer, do you think about things first principles, use stare deeply and analyze deeply into the true nature of things, and what that then means is you understand the true nature of things.

Then I guess, I kinda do think like an engineer, carte blanche principles.

For example, so much of this modern day BS about almost everything, seems to be mostly a social problem. Sociology, maybe could also be understand as the sociology of engineering, also social engineering?

what does it mean to think like an engineer?

So once again, if you understand Leonardo da Vinci like the Golden standard of an engineer, somebody who is part curious, partially playful, kind of like imagine a big kid on steroids; infinite curiosity about everything. Maybe alsoâ€¦ Iâ€™m like the next Leonardo da Vinci, but a lot richer And far more jacked?

Even the problem of a Leonard da Vinci, I still think he got his patronage from the Mediciâ€™s? Which means that he was not financially independent; and the truth is ultimately, without personal financial independence, you cannot really really have 100% true freedom and power. ï¿¼

Bitcoin as solidified happiness

I might be the first to thought this; what is bitcoin? To me it is like solidified happiness. If you took all this economic power energy joy and happiness, and you could solidify it into a thing, to me that would be a bitcoin.

For example, every time I see my bitcoin balance swell, and become greater, it brings a huge smile to my face, a huge voyage grin to my face, whatever scenario.

And then also then the thing isâ€¦ The bitcoin is like almost kind of imaginary. Like doesnâ€™t really exist anywhere in the physical realm, it only exists in cyberspace, your mind.

So for example, if I want to prove to you my bitcoin balance I can just take out my phone or iPad and prove it to you immediatelyâ€¦ So I guess this is the cool thoughts; now that Iâ€™m super fucking rich and powerful and godlike glorious, I could just walk into any sort of Lamborghini or Ferrari or Porsche dealership, and just automatically assume and demand a test drive!

And also the extreme joy, I could just handle and touch everything, and fuck with stuff, like I own it. Because I do.

How and why?

So once again, I think the hardest thing to think like an engineer is that at least for myself, I majored in sociology, always thought the engineering was like two math heavy, and was about following the rules.

However, if you really think about real engineering, like building a bridge or making planes fly etc.â€¦ It is 100% rooted in physics and reality.

The hard thing with ethics philosophy, as well as opinions, politics, sociology ethics etc. is that they are not focused on reality. Or nature.

So for example, the fucking insanity of somehow allowing 12-year-old kids, have access to puberty blockers, hormone inhibitors, hormone amplifiers, etc.â€¦ At such a young age? Mother nature does not produce steroids or estrogen in pill or injection format naturally.

Nature?

The tricky thing is when people talk about natureâ€¦ Like what is it that people really are talking about? Are they talking about like human nature, our DNA, our primordial being and nature? Or are we talking about like trees and stuff? Not really sure.

Anyways, first principles first principles thinking.

So the first line of things is kind of do like a hard reformat of the past and prior knowledge, and think things totally carte blanche, blank slate, white slate, black canvas, right now. Like if you just wiped the tablet clean, tabula rasa — how would you do things, right now, in the year 2024?

For exampleâ€¦ Iâ€™m a huge fan of stick shift, the upsides of gasoline etc., and hybrid cars and Priuses, but the real truth is, if you somehow erased all the cars on the planet, today, and you somehow had to create automobiles and vehicles for all 8 billion of us right nowâ€¦ How would it and how should it look like? It would probably be like all self driving Teslas, obviously electric cars.

I think the biggest problem about petroleum cars are tailpipe admissions. If you have ever been in local LA traffic or the 405 or the 10 during peak rush-hour when you see a car with that converter on, and you have your windows down and that insanely fucking toxic tailpipe chemicals are going straight into your lungs, You will actually know first hand, that the truth is this is obviously bad for your health. And the health of your kid and family and society.

For example, imagine like you have a 1960s Camaro, without a catalytic converter. Would you allow it to run idle, in your garage with all the windows closed, with the tailpipe directly in the throat of your four-year-old child?

Obviously not!

So I think there are some simple practical things;

First, tailpipe emissions are obviously 1 trillion times bad.

Second, assuming that we all have nuclear vision or whatever, then electricity should practically be free. Then, Teslas and electric cars makes sense.

Third also assuming that the Tesla super charging network is growing like a virus, the obvious thing thing is that it will continue to grow at an exponential rate.

For example, it is very difficult to structurally build a gasoline station somewhere, but the only reason we keep using it is that it is already there, fast and convenient and cheap.

But once again, if you started a totally brand new society in the middle of the desert, obviously it would probably be centered around electric cars and electric vehicles, as the upside of building a Tesla supercharger is very easy, Far easier than building anything else.

Romanticism of the past is for weaklings

Are you a demigod or a weakling? Simple bifurcation.

So my personal understanding is that the reason why people seek refuge in the past is that it is an act of cowardice, only pussies are romantics.

ï¿¼I thought about this for a long time but what is it in fact, the history of the word â€œromance, and why do they call it â€œromanticâ€? ï¿¼ï¿¼ï¿¼

Thank God for ChatGPT. They said you talked about how the notion was â€œromanzâ€– essentially it were works that are created in the romance language languages, like Italian Spanish French etc. Anything that was not Latin.

But the problem about this movement is that it emphasized concepts and ideas that were quite degenerate in nature. For example, over excessive feelings, I think the medieval literature of knightly chivalry etc. to be â€œgallantâ€– even the Vietnamese have a term â€œgallantâ€– like when youâ€™re opening a door for a woman to get out of a taxi, just like a knight who takes off his robe to cover a puddle to let a woman walk across it?

People donâ€™t really give it a second thoughtâ€¦ ï¿¼ everyone assumes that to be romantic is a good thing? Like somehow this fucking insane idea I spent six months of your salary to buy your fiancÃ© a diamond wedding ring, which is just a fake commodity. My greatest pride is that for my engagement ring to Cindy only spent like 300 bucks on a really beautiful purple tinted cubic zirconia diamond, super smart.

And also wore the wise; if youâ€™re planning on getting married or engaged or whateverâ€¦ Never spend more than $300 on a wedding ring.

The gift of bitcoin?

Bitcoin is like your new cyber estate. The other day I saw a new funny Zen Wabisabi minimalist hipster house, one of those really cool new three-story teepees they build on a small plot of land listed for $4.4 million. And this is for like a super tiny plot of land, even on a square block, you can feel like 30 of these houses on it.

So assuming that bitcoin is like digital real estate, or digital property, and there are only like 21 million of them on the planet forever, and also whenever youâ€™re on the 405 driving during peak rush-hour, you might see like 21 million cars on the road. And how many humans live in Los Angeles? Like 100 million?

anyways, like imagine that I was a genie and I waved a magic wand and I told you that there would only be our 21 million single family homes, on the whole planet, forever. And there would never ever ever be more single-family homes ever produced. Wouldnâ€™t you want to nab one, for a super steal of a price, only $100,000?

Think about the price of a bitcoin vs a home

My thought is obviously you need the utility of somewhere to live, and this is where paying rent is like a quadrillion times smarter than buying real estate a single-family home, property, a condo etc.

A lot of people have this foolish idea; Iâ€™m gonna buy like a condo or a single-family home or whatever for two reasons: first, utility value like a place to live. Second, as an â€œinvestmentâ€. However the reason why this is not good is that if you really want to maximize your investment, it is super simple you just buy bitcoin! Itâ€™s going to go up forever until it hits $55 million a bitcoin, and then probably $105 million a bitcoin etc. ï¿¼ï¿¼

I was watching CNBC a video retweet by Michael Saylor, showing that now as of today bitcoins options trading is live! And literally everyone has their jaws dropped, everyone is like confused and befuddled, shock and all, everyone has no idea what to think. Even Iâ€™m shocked? Even Iâ€™m confused! A very good sign.

this is not even funny anymore

So if you watch traditional news, the Telly etc, what do you see? Apple Apple Apple, Nvidia Nvidia Nvidia, Tesla Tesla Tesla, etc.

Why donâ€™t you see microstrategy? ï¿¼MSTR, which is pretty much nuclear at this point. It is literally like the hottest stock on the planet, maybe the whole human universe?

$320,000 to $860,000

ï¿¼ Like it is kind of insaneâ€¦ I just converted all of our Roth IRA and our traditional retirement accounts, IRA, etc., and some random spare cash we had lying around all into MicroStrategy, just like three months ago, in September, when the stock was like only $140 or 130 a share. Now, it is going ballistic; $499 @ share, and Iâ€™m not gonna be shocked when you see MicroStrategy at $10,000 or even $20,000, $30,000, $40,000 or even $50,000 a share!

Why? ï¿¼

It is simple, it is a brand new carte blanche, a totally brand new, perfectly engineered company. If you created a totally brand new company in the year 2024, assuming that next year January 2025 is going to be year one of institutional acceptance of bitcoin, And assuming that we have this phenomenally glorious red wave, which means we have a full pro bitcoin Senate house president etc., and everyone is going all in on bitcoin! My personal thought is the next four years, assuming that you put all your wealth into bitcoin and or MSTR microstrategy stock, I will not be surprised to see your wealth 50X from here. ï¿¼

Why? Once again, bitcoin is the first perfectly engineered money and capital digital capital.

Up until now, the US dollar, field currency was kind of like the least bad thing that we could make of, if you read The Fist Standard by Saifedean, you actually see that was really good for the period of time in which we needed it. Because for ordinary transactions, walking around with gold bars and or gold coins was not really practical. And especially for international trade, fiat currency the banking Swift system was mostly useful.

But now that we have tether, circle and the like; you actually see a lot of Chinese corporations, I saw a lot last summer in Cambodia, even mainland Chinese companies are using tether for payments instead of the Chinese yuan, etc.

Michael Saylor has an idea that we should have tether relocate her headquarters to America, and if this is the case, â€¦ this would be very good for America and everybody.

what is â€œcryptoâ€?

November 20, 2024

Whatâ€™s the history of â€œromanticismâ€?

romanzâ€” related to works in the romance languages like drive from Latin such as French Italian and Spanish.

Introduction

The term â€œRomanticismâ€ is directly connected to the word â€œromance,â€ and understanding this connection involves exploring the etymology and historical usage of â€œromance.â€ The evolution of the word reflects the shift in cultural values that the Romantic movement embodied, emphasizing emotion, imagination, and a return to the medieval and the exotic.

Etymology of â€œRomanceâ€

â€¢ Origins in Language: The word â€œromanceâ€ comes from the Old French term â€œromanz,â€ which initially referred to works written in the Romance languagesâ€”languages derived from Latin, such as French, Italian, and Spanish. These languages were spoken by the common people, as opposed to Latin, which was used in scholarly and religious texts.

â€¢ Medieval Literature: In medieval times, â€œromanzâ€ became associated with narrative stories and poems that told tales of chivalry, adventure, and courtly love. These stories often featured knights, dragons, and quests, blending the real with the fantastical.

â€¢ Evolution of Meaning: Over centuries, â€œromanceâ€ evolved to signify not just the language or the literary form but also the qualities these stories embodiedâ€”imagination, emotion, heroism, and the exploration of the extraordinary.

Connection to Romanticism

â€¢ Emphasis on Emotion and Individualism: Romanticism as a movement placed a strong emphasis on individual emotion and subjective experience, mirroring the emotional depth found in medieval romances.

â€¢ Rejection of Enlightenment Rationalism: By adopting the term â€œromantic,â€ the movement signaled a deliberate shift away from the Enlightenmentâ€™s focus on reason and rationality. It embraced the irrational, the mystical, and the emotional, much like the tales of old.

â€¢ Nature and the Sublime: Romantic artists and writers were fascinated by the sublime aspects of nature, seeking experiences that transcended ordinary understanding. This aligns with the adventurous and often supernatural elements found in medieval romances.

â€¢ Medieval Revival: There was a renewed interest in medieval culture, folklore, and history during the Romantic period. Artists and writers drew inspiration from the past to critique the present and to find authentic expressions of national identity.

â€¢ Imagination and Creativity: Just as medieval romances were rich in imaginative content, Romanticism celebrated creative freedom and the power of the imagination as pathways to truth and beauty.

Significance of the Name â€œRomanticismâ€

â€¢ Cultural Resonance: The adoption of the term â€œRomanticismâ€ reflected a desire to return to the values and aesthetics associated with â€œromanceâ€â€”mystery, emotion, and a connection to the natural and spiritual world.

â€¢ Literary and Artistic Inspiration: By linking themselves to the tradition of romance, Romantic artists and writers positioned their work within a lineage that valued narrative depth, emotional richness, and imaginative exploration.

â€¢ Contrast with Classicism: The term also served to distinguish the movement from Classicism, which emphasized order, harmony, and rationality derived from ancient Greek and Roman art and literature.

Conclusion

The term â€œRomanticismâ€ is deeply rooted in the historical and etymological context of â€œromance.â€ By embracing the themes and qualities associated with medieval romances, the Romantic movement sought to reinvigorate art and literature with emotion, imagination, and a profound appreciation for the individual experience. This connection underscores the movementâ€™s fundamental goals: to challenge the prevailing rationalism of the Enlightenment and to explore the depths of human emotion and the mysteries of the natural world.

â€¦

Introduction

Romanticism was an artistic, literary, musical, and intellectual movement that originated in Europe toward the end of the 18th century and reached its peak in the first half of the 19th century. It emerged as a reaction against the prevailing Enlightenment ideals of the time, which emphasized reason, order, and rationality. Instead, Romanticism celebrated emotion, individualism, nature, and the sublime.

Origins (Late 18th Century)

â€¢ Reaction to the Enlightenment: The Enlightenment had promoted reason and scientific thought as the primary means of understanding the world. Romanticism arose as a critique of these ideals, arguing that emotion and intuition were equally important.

â€¢ Influence of the French Revolution: The revolutionary spirit of the late 18th century, particularly the French Revolution (1789), inspired Romantic thinkers to challenge traditional authority and celebrate individual freedom.

â€¢ Sturm und Drang Movement: In Germany, the Sturm und Drang (â€œStorm and Stressâ€) movement of the 1770s and 1780s laid the groundwork for Romanticism by emphasizing individual subjectivity and emotional intensity.

Literature

â€¢ United Kingdom: Poets like William Wordsworth and Samuel Taylor Coleridge published Lyrical Ballads in 1798, a foundational text for English Romanticism that emphasized natural speech and the beauty of the natural world. Other notable poets include Lord Byron, Percy Bysshe Shelley, and John Keats, who explored themes of nature, love, and existential contemplation.

â€¢ Germany: Writers such as Johann Wolfgang von Goethe and Friedrich Schiller were pivotal. Goetheâ€™s The Sorrows of Young Werther (1774) became a seminal Romantic work, emphasizing emotional turmoil and individualism.

â€¢ France: Victor Hugo and Alexandre Dumas were key figures. Hugoâ€™s Les MisÃ©rables and The Hunchback of Notre-Dame combined social critique with Romantic sensibilities.

Art

â€¢ Emphasis on Emotion and Nature: Romantic artists sought to evoke deep emotions and often depicted dramatic natural scenes, exploring themes like the sublime and the awe-inspiring power of nature.

â€¢ Key Artists:

â€¢ Caspar David Friedrich (Germany): Known for moody landscapes that evoke introspection.

â€¢ J.M.W. Turner (UK): His turbulent seascapes and use of light influenced the Impressionists.

â€¢ EugÃ¨ne Delacroix (France): His dynamic compositions and bold use of color embodied Romantic ideals.

Music

â€¢ Expansion of Expression: Romantic composers broke away from the strict forms of classical music, experimenting with harmony, melody, and structure to convey deeper emotional narratives.

â€¢ Notable Composers:

â€¢ Ludwig van Beethoven (Germany): Often considered a bridge between Classical and Romantic eras, his later works embodied Romantic expressiveness.

â€¢ Franz Schubert (Austria): Known for his lieder (art songs) that combined poetic texts with expressive music.

â€¢ FrÃ©dÃ©ric Chopin (Poland/France): His piano compositions are quintessentially Romantic, focusing on expressive depth.

Philosophy and Thought

â€¢ Individualism and Subjectivity: Romantic thinkers emphasized personal experience and intuition over universal truths.

â€¢ Nature and the Sublime: Nature was seen not just as a backdrop but as a source of spiritual renewal and profound emotional experience.

â€¢ Nationalism: Romanticism often intertwined with growing national identities, celebrating folklore, myths, and histories unique to each culture.

Global Spread and Influence

â€¢ Across Europe: Romanticism influenced various national literatures and arts, adapting to local cultures while maintaining core themes of emotion and individualism.

â€¢ In the Americas: The movement impacted American writers like Edgar Allan Poe and Ralph Waldo Emerson, who incorporated Romantic ideals into their works.

Decline and Legacy (Mid to Late 19th Century)

â€¢ Rise of Realism: By the mid-19th century, Romanticism began to wane as Realism emerged, focusing on depicting everyday life and society with objective detail.

â€¢ Enduring Impact: Despite its decline as a dominant movement, Romanticismâ€™s emphasis on emotion and individual experience continued to influence various artistic and cultural expressions, paving the way for later movements like Symbolism and Expressionism.

Conclusion

Romanticism was a multifaceted movement that left a profound impact on art, literature, music, and philosophy. By championing emotion, nature, and individualism, it offered a counterpoint to the rationalism of the Enlightenment and reshaped the cultural landscape of the 19th century. Its legacy persists in contemporary artistic expressions that value personal experience and emotional depth.

November 20, 2024

Hedge their options

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Boggles the mind! You can write sells puts. Spreads, straddles, option premiums

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Everyoneâ€™s confused, even myself.

CNBC

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ï¿¼the more volatility the better!

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Covered call ETF for Bitcoin

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November 20, 2024

Money is more important than the environment

So to all these fake ass losers who said that bitcoin was bad for the planet blah blah blah, it looks like they gave fellatio to the wrong line of thinking.

November 20, 2024

Search the history of how Tesla acquired more bitcoins.

Teslaâ€™s involvement with Bitcoin has been marked by significant investments and strategic decisions:

1. Initial Investment (February 2021): Tesla announced a $1.5 billion purchase of Bitcoin, aiming to diversify its cash holdings and maximize returns.

2. Acceptance and Suspension of Bitcoin Payments (Marchâ€“May 2021): In March 2021, Tesla began accepting Bitcoin as payment for its vehicles. However, by May, the company suspended this option due to environmental concerns related to Bitcoin mining.

3. Partial Sale of Holdings (July 2022): Tesla sold approximately 75% of its Bitcoin holdings, generating $936 million in proceeds. This decision was influenced by uncertainties related to COVID-19 shutdowns in China.

4. Recent Developments (October 2024): In October 2024, Tesla moved around $600 million worth of Bitcoin to new wallets, sparking speculation about potential strategic shifts.

As of November 2024, Tesla holds approximately 10,725 Bitcoins, valued at over $1 billion amid a rising market.

November 20, 2024

Category: Posts

Making Money vs Making Capital? ï¿¼

True prosperity

The method

True prosperity

The method

The problem with all other vehicles

The best or the newest?

Follow the volume

Becoming a Photography Entrepreneur

Until You Own Yourself You Can’t Be Free

Entrepreneurship Ideas

Photography Blogging

Money

Self-Empowerment

Marketing and Branding

Entrepreneurship Lifestyle

Entrepreneurship Mindset

Photography Entrepreneurship 101

Life and Productivity Hacks

How to Make a Living from Your Passion

Put a Dent in the Universe.

How to Succeed as an Entrepreneur

Business Mental Models

How to Monetize Your Photography

Why Become a Photography Entrepreneur?

THE MODERN PHOTOGRAPHER

Photography Entrepreneurship Articles

PHOTOGRAPHY WORKSHOPS 101

KEYS TO SUCCESS

Table of Contents

Photography Business 101

How to Make Money with Photography

Photography Marketing 101

How to Hustle.

Entrepreneurial Principles

How to be a Full-time Photographer

Photography Blogging

How to Teach Photography

Social Media

How to Save Money

Making your passion your living

Just buy Bitcoin!

Becoming a Photography Entrepreneur

Until You Own Yourself You Can’t Be Free

Entrepreneurship Ideas

Photography Blogging

Money

Self-Empowerment

Marketing and Branding

Entrepreneurship Lifestyle

Entrepreneurship Mindset

Photography Entrepreneurship 101

Life and Productivity Hacks

How to Make a Living from Your Passion

Put a Dent in the Universe.

How to Succeed as an Entrepreneur

Business Mental Models

How to Monetize Your Photography

Why Become a Photography Entrepreneur?

THE MODERN PHOTOGRAPHER

Photography Entrepreneurship Articles

PHOTOGRAPHY WORKSHOPS 101

KEYS TO SUCCESS

Table of Contents

Photography Business 101

How to Make Money with Photography

Photography Marketing 101

How to Hustle.

Entrepreneurial Principles

How to be a Full-time Photographer

Photography Blogging

How to Teach Photography

Social Media

How to Save Money

Thinking Like an Engineer

what does it mean to think like an engineer?

Bitcoin as solidified happiness

How and why?

Nature?

what is â€œcryptoâ€?