Hot take: I think in four years by the end of the Trump presidency, I will not be shocked if bitcoin hits 1 million of bitcoin, which is about 10x from here?
To keep the math simple; I’m just going to assume that bitcoin is like $100,000 of bitcoin right now. So $100,000-$1 million is a 10x gain.
So do the simple math, if you sell your assets right now which are not really rapidly accumulating in value, then, the best way to think about it is that you have to have a strong end up for your timeline. It is currently the year 2024, I think Trump takes presidency 2025, so then the projection should be 2029, Four years from now… Seneca will only be eight years old? Is that like the second grade? And then on top of that it will be another 10 years until he goes to college or just starts his own bitcoin based company or thing.
The future four years from now
Making predictions four years from now is pretty simple. I am very very certain that miracle will accumulate some amount of bitcoins to back strategic bitcoin treasury reserve assets, I think of it like the new bitcoin Fort Knox; my personal thought is that America will decouple herself from the gold standard, and then latch on and hyper charge herself with bitcoin.
The reason why this becomes such a fascinating idea is that then, the US dollar will actually appreciate and value because it is actually backed by something which is real, bitcoin.
Triple Trump Max?
I recently watched a presentation by Michael Saylor, titled the red wave, and it is really really fascinating; now that the red Republicans have taken over the whole government, this is like 1000 X good news for us bitcoin holders as well as micro strategy share owners.
Why is it meant to be such a glorious future for us?
First, the crypto Renaissance. Now that Elon Musk is going to be the new doge chair, which is hilarious, you’ll see a boom in the whole cryptocurrency industry, a new resurgence. And as a consequence, you’re going to see like 1 trillion new crypto based companies having a virtual IPO– even Scottie Pippen is doing interesting with the famous 1991 basketball that he has held for 33 years, and he is like sharing ownership in it or something? $BALL
ANYWAYS, THIS IS ALMOST LIKE THE NEW DIGITAL GOLD WAVE; the new digital gold rush.
Even now, you’re already seen smart rich old families buy best from gold and pour that money into bitcoin instead. You are starting to see the black rock gold ETF becoming consolidated, and having those asset reserves pour into bitcoin the bitcoin spot ETF Ibit by Black rock.
Even watch CNBC news, the squawk box, which is the real financial news. You know it is a big deal when you have all these really really famous investors, admitting that they were actually wrong about bitcoin, although saying it in like a sideways, orthogonal way.
Even this really famous investor in Tesla admitted to the Joe guy, “I told you… You gotta do your own research, and you did your research and I did my research and I know my business and you know your business†which is essentially like a way of ceding defeat and admitting that you were wrong.
How to know that ERIC KIM is a true believer in bitcoin
Very interesting, I’m like one of the biggest NASSIM TALEB Fan boys of all time, and still am. Like four years ago or five years ago, he actually wrote a medium article on how he believed in bitcoin, and actually he even wrote the introduction preface to the bitcoin standard, who was written by another fellow Lebanese American economist and writer.
However, the moment in which I put in the beeswax of Odysseus was when apparently Taleb had a change of heart, and then he became like on a crusade to be super super anti-bitcoin, and making fun of bitcoiners. He also apparently wrote this bitcoin essay on how it was kind of not good, and when I saw it I immediately just shut my eyes, and went off the grid. And instead spending more time at the gym, just lifting weights, not thinking about bitcoin and the whole crypto economy, and just enjoying my lifting.
Also, you know that I am super legit because when the whole FTX meltdown happened, I didn’t even know.  for about 4 to 5 years, I try to shut my ears to bitcoin prices and not think about it, until people would accidentally tell me even against my own will. Or Cindy or my brother-in-law telling me that bitcoin is way down, I never lost hope, I just had to stay focused.
So what does it mean when you’re right?
Kind of weird and amazing, for me the really really big deal was when I first saw bitcoin hitting $88,000 a bitcoin, which was like a lot, because my mind was still pegged at bitcoin at being like an average 65,000 a bitcoin or 62,000 a bitcoin, or even 59,000 of bitcoin.
And then the magic happen, I’m miraculously just looked at the prices by chance, randomly on my iPhone, and I saw that it hit about 91,000, then about 93,000 of bitcoin? Then going on Twitter and seeing that Michael Saylor is already planning the $100k party.
Everyone wants bitcoin to succeed
I think that’s very interesting to me is that actually the whole crypto economy is pegged to the bitcoin. Even loser Ethereum and everything after it.
What is Ethereum? It is like a fake diamond a cubic zirconia, it looks shiny and pretty from the outside but in the inside it is just plastic.
People talk about how you could like create nonfungible tokens, cyber artwork, and you could program on Ethereum… But you fools don’t you know you could do the same exactly on bitcoin? And bitcoin is like at least 1000 X more powerful robust and super superior?
I almost feel like this is against the early days of android versus iPhone. I really really feel like there’s almost 0 reasons to own an android of Google pixel a Samsung phone anymore. Even Google Gemini which came out kind of is lame.
And also the big thing… The sales people at Google they all own iPhone pros.
Don’t ask people what you should do, just see what they personally own.
The joy of waking up
So now that I am like 10% invested in micro strategy, about 90% of my wealth in bitcoin, I actually get super super excited when it is 6:30 AM, the best time of the day. I enjoy looking at the market activity of micro strategy, how it is like essentially like nuclear power and physics insanely volatile, insanely high power, radioactive!
I actually remember as a kid, learning all about nuclear power, and how it was a very good thing, like essentially the magical thing that would change everything, that would essentially make energy and power practically free. I still believe this way.
I think the hard thing about nuclear power is that like anything in life, high volatility and massive upside, you just gotta be careful. Assuming you take all the smart MIT nuclear physicist to build these nuclear pants, somewhere maybe in the desert, and you do it safely, the Asymmetric payoff;
You have 1000 to one benefit ratio.
Once again nuclear waste and the potential for another Fukushima is possible, but also do you suddenly turn everyone to a buggy wagon and horse because people die in car accidents? 
Also, do you ban people from owning iPhones because there are so many debts related to texting while driving?
Or do you ban people from using electricity because there are some people who either use it as a weapon, how you could kill people with the electric chair, etc.?
I think this is also the tricky thing with guns; obviously there are all these crazy mass murderers with guns, and these fucking asshole pussies who bring it to a wedding, leave it in a book bag unattended in the guest room closet, to only have a crazy alcoholic woman stealing people’s wallets and shit, miraculously finding the gun, and then putting it on top of your kids car seat. I am not joking this is a real story which happened to me.
There are people who live in the wilderness, who actually may be hunt a game to feed their families. I respect that. What I personally hate all these skinny fat losers with beards, these small dick midgets who accumulate guns and ammunition to act tough? To me this is worse than insane, it is only a thing that a man without a penis would do. And no balls. A bunch of Ken dolls without genitalia.
Think about the time cost to capital
Another big thing to consider, the time cost to capital. The general idea is that to build things actually just takes a lot of time, human effort, meetings, friction, working through things.
Time is the ultimate acid that we got, something which is not really really recoverable.
Like assume that you have a maximum human lifespan of 120 years, at best. However, impossible to know whether you’ll make it. I would say maybe more conservatively, we should think of like 90 years, that is like the new 80.
So if you knew with 100% precision that you would die at 90 or 92 or whatever, hopefully still with your six pack, then, how would you approach life differently?
First, my personal thought is there should really not be a profit motive. Why? With profit motives, profit is fine, but the issue is that the easiest way to make profit and make money is super simple; just buy bitcoin! If you want to make US dollar gains, then you just purchase micro strategy stock!
So then, the next step is just like kind of more like altruism; assume that you’re like worth $100 billion of bitcoin and you could afford anything on the planet, but the better question is do you really want do you really care? Is this going to create some sort of substantive impact on the planet which is something that you desire?
Why?
So the reason why I have such a strong predilection towards Bitcoin is that I feel like I have a strong moral an ethical imperative behind it.
So I am all about open source, this has generally been my guiding principle for the last 15 years, maybe even 20 years of my life. The general idea was very very simple;
Information should be free!
Obviously I get it; there are certain people who create stuff we need to get paid and pay rent, I get it! But if you’re like somebody liked Tim Ferriss, or even Joe Rogan, and you’re already super rich… Why do you need advertisements? Why do you need more money?
I have no issues with greed wanting more money etc. It is all good. But maybe the more interesting question on my mind is what are your personal guiding principles in your personal imperative which drive you? Like, why do you care why do you do it?
So for me… The whole route of my open source philosophy was that I grew up super poor without access to nothing, and I want to treat others like how I would like to be treated. I want to be able to empower the other scrappy 19-year-old kid, like my friend Dylan Fan, to become something great, just giving them access to information education etc.
This is also where I’m kind of interested in doing more like these free open source online Zoom Bitcoin workshops on Zoom and other stuff. I don’t want people to have any barriers to access information or knowledge, which could really benefit themselves. 
Because honestly at this point, I’m making dumb money, even I’m flabbergasted. Cindy is too. And so is my mom.
You know it’s a good sign when even you are shocked
“I’m shocked too!†– JAY Z
I think you know you’re onto something good is even if you shock yourself, even if you believe in something and you succeeded, and you are made correct, you are rectified, but still… it still shocks you?
ERIC KIM FILM LEICA MP & LEICA 35mm f2 ASPH AUCTION
So I have a vision, maybe this will be big news: I’m going to sell my old film Leica MP, and my Leica 35 mm F2 ASPH lens to the highest bidder. I will only accept bitcoin.
If you wanna put in a bid, own a piece of photography history, email me at eric@erickim.com with your offer. I will sell this to the highest bidder.
Also I will make a pledge; the second after we confirm details, and we lock in the  details whatever, I will guarantee I’ll give you the best value of your bitcoin for my set up, assuming that even marked prices fluctuate a bit. In short I’ll be more generous to you.
Also, I think the fun thing is that it will be the first time I do a really big transfer just using bitcoin and bitcoin wallets– like a real pure to prayer, P2P transfer.
Technically this was the whole vision of Satoshi; being able to transfer value and money without a trusted intermediary. Not having to do it through loser PayPal, or loser bank, we’re having to deal with loser SWIFT code bank transaction wire stuff. 
Like doesn’t this make super sense,  that you would actually… If you want to sell something with a high value amount, thought you would just do it peer to peer with bitcoin, without having to deal with the messy business of some sort of third-party?
Like for example… Even a simple thing, if I owned like $1 million house I wanted to sell it directly to you, isn’t the most logical thing that I could just meet you in the flesh, shake your hand, and then immediately transfer $1 million from my bitcoin balance directly to you? Wouldn’t this make the most sense?
Or, if I owned like a $250,000 Lamborghini, that I could once again, test drive your car, tell you that I like it, shake your hand and immediately zap you like one or two bitcoins?
Or if you had a cyber truck, that I could give you like half a bitcoin for your cyber truck? Or maybe a quarter? 
