Don’t think morals ethics whatever — think physiology.
The amount of time you spend in a car vs don’t
40 minutes there, 40 minutes back, 1 hour or 2 stuck — indoors, ain’t worth it?
3-4 hours indoors & immobile?
Even 2.5-3 hours stuck and immobile and sitting and sedentary — bad!
Live everyday as if it were your last (or the last of your kid)—!
To increase your power
—> Things which increase your power, things which don’t
Things which increase your money, things which don’t.
Avoid anything which DECREASES your money (homes, cars, etc)—
Why counter intuitive?
The idea that Apple maintains debt despite its enormous cash reserves may seem counterintuitive at first because it appears illogical for a company to choose to pay interest on debt when it has ample funds to clear that debt. Here’s why this strategy can make sense:
- Optimal Capital Structure: Apple may aim to maintain an optimal capital structure, which is a balance between debt and equity financing that minimizes the company’s overall cost of capital and maximizes its value. The use of debt increases financial leverage, which can enhance returns on equity, especially when the cost of debt is lower than the return on investment.
- Tax Efficiency: Debt financing offers tax benefits because interest expenses on debt are tax-deductible. This reduces the company’s overall taxable income, hence lowering its tax liabilities. Using debt strategically can lead to significant tax savings, especially for a profitable company like Apple.
- Financial Strategy and Flexibility: Retaining cash provides Apple with financial flexibility to respond quickly to investment opportunities, innovations, or acquisitions as they arise. This flexibility is crucial in the highly competitive and rapidly evolving tech industry. Paying off debt would reduce this cash buffer, potentially limiting Apple’s ability to capitalize on strategic opportunities swiftly.
- Low Interest Rates: With historically low interest rates, the cost of borrowing is relatively cheap. Apple can borrow money at low rates and invest in projects or opportunities that yield higher returns than the cost of debt.
- Return on Investment (ROI): Apple may believe that the return on investment (ROI) from using its cash in operations or other investments is higher than the cost of its debt. If this is the case, it makes financial sense to invest the cash rather than use it to pay down debt.
By maintaining some level of debt, Apple can use its financial strategies to maintain liquidity, optimize its tax positions, and enhance shareholder value, all of which might outweigh the straightforward benefits of paying off the debt. This strategic approach to finance is common in large corporations, especially those with robust cash flows and substantial market influence.
Cash reserves
As of the latest reports in 2023, Apple’s cash reserves are substantial, totaling around $167 billion. This impressive financial cushion has been accumulated from diverse revenue streams, including sales from their hardware products like iPhones and MacBooks, digital services like the App Store and Apple Music, and subscription services such as Apple TV+. These reserves provide Apple with significant financial flexibility, allowing it to invest in new technologies, fund shareholder returns, and navigate economic fluctuations without undue strain oai_citation:1,The Cash Reserves Of These Top Tech Giants [2023].
Have cash reserves *AND* debt?
Apple uses debt to fund new projects and innovations while saving its cash for other important uses, making its business grow without spending all its own money at once.
Explain to 5 year old
Imagine Apple is like a big store that sells lots of toys. Sometimes, this store wants to make more toys or buy some cool stuff to make their toys better. But, making toys and buying cool stuff costs a lot of money. Instead of using all the money they have saved up, Apple sometimes borrows money from a bank, just like when someone might borrow money to buy a house or a car.
They do this because borrowing money can be cheaper than using all their own money, and it also helps them save some money for other important things they might need later. Plus, the bank gives them a little break on their “money-saving jar” (like a piggy bank) because the money they borrow has to be paid back with extra (which is like saying “thank you” to the bank with a little more than what they borrowed).
So, Apple uses the borrowed money to make more and better toys, and everyone is happy because they can buy these cool new toys!
Why does Apple have debt?
Apple, like many large corporations, maintains a level of debt for several strategic financial reasons:
- Lower Cost of Capital: Debt often has a lower cost of capital compared to equity, especially for a highly creditworthy company like Apple. By issuing debt, Apple can take advantage of this lower cost to finance projects, acquisitions, and other capital expenditures without diluting shareholder equity.
- Tax Benefits: Interest payments on debt are tax-deductible, which can reduce the overall tax burden of the company. This makes debt an attractive financing option as it effectively reduces the cost of borrowing.
- Financial Flexibility: Maintaining a certain level of debt provides financial leverage, which can enhance returns on equity when the company invests in its growth. Apple can use debt to invest in new technologies, expand its product lines, or enter new markets without using up its cash reserves.
- Shareholder Returns: Apple has used debt to return capital to shareholders through buybacks and dividends. By borrowing money at relatively low interest rates, Apple can repurchase its shares or pay dividends, which may be more beneficial than using exclusively generated cash, especially when its own stock prices are considered undervalued.
- Strategic Acquisitions: Apple has historically used its available capital for strategic acquisitions to bolster its technology and product offerings. Debt can provide the necessary funds for such acquisitions without impacting the existing cash flow.
Overall, Apple’s use of debt is part of a broader corporate finance strategy aimed at optimizing its capital structure, minimizing its cost of capital, and maximizing shareholder value. Despite its significant cash reserves, leveraging through debt offers Apple a balanced approach to finance its operations and growth initiatives efficiently.
As of December 2023, Apple’s total debt is reported to be approximately $108.04 billion. This total debt comprises both short-term and long-term financial obligations. Over the years, Apple’s debt has seen various fluctuations, reflecting changes in its financial strategy and market conditions. For instance, Apple’s debt was slightly higher at $111.08 billion in September 2023, and it had reached $120.06 billion by the end of September 2022.
Analyzing Apple’s debt-to-equity ratio provides additional insights into its financial health. This ratio, which compares the company’s total liabilities to its shareholders’ equity, stood at 1.69 in 2023. This ratio indicates that Apple has more debt than equity, a condition that might typically suggest high leverage. However, for a company like Apple, which generates substantial revenue and profits, this may not necessarily signify financial distress but rather strategic financial management involving leveraging for growth and shareholder returns.
Despite a reduction in total debt from $132.48 billion in 2022 to $123.93 billion in 2023, the debt-to-equity ratio remains relatively high, reflecting substantial financial obligations compared to equity. This condition is part of a broader financial strategy that includes significant shareholder returns through dividends and stock repurchases, impacting the equity value.
For more detailed financial data and analysis on Apple’s debt situation, you can visit companiesmarketcap.com and finbox.com.
Why is it so hard for us human to think out of constraints? 
Evolution is tinkering, trial and error, adaptation to your environment 
All I desire
Being unhurried, taking your sweet sweet time… the ultimate luxury 
Bank of batteries storing bitcoin
Encrypt energy from electrical energy to monetary energy
Spatial and temporal level
Spatial on planet
Open system — naturally diffusing and decentralizing
Think thermodynamics
Proof of work and requirement of energy
Commerce collapses ?
Don’t move the base layer!
Think gravity
Immutable
We want the universe to work
Friction and gravity is what makes the world work?
Proof of work is a natural, open competitive system
Closed system becomes inbred .. no genetic diversity
Proof of stake recirculating system
Mutations and defects
Ecological genetic diversity dies
Assume like others just have birth defects ?
Keep mixing the DNA
Security vs property
Think Darwin
Not ethical to create private money 
Moral hazard boundary
For the most part, it seems bad and a vice to compare yourself, your kids, your behavior with others.
However, my insight is actually, it is very productive. Why? An entire role model; people you do not want emulate, people who you think are extremely bad examples. 
I’ll give you an example of; one of my half uncles. Not as bad as my paternal dad, but still, pretty bad. I think he had four kids, all with his ex-wife, my aunt, and has an estranged relationship with all them. this uncle lived in Vegas for a long time after his divorce, apparently got remarried, had a bunch of other random illegitimate children, and recently he suffered a heart attack, had a heart put into him, and none of his children visited him.
And now, after he got discharged from the hospital, he is super salty that none of his kids bothered to call him or care for him, and his walking around town with an oxygen tank, etc.
Thinking about this uncle, classic case of a loser. 
Maybe instead of trying to become a winner, best to just avoid being a loser. 
I have a certain suggestion: in terms of ethics, perhaps the best way to think about it is just follow your physiology, your gut feeling. What this means is whenever you say or do something which makes you feel dirty, or gives you a physiological aversion, just don’t do it.
Labor intensive?
5x efficiency
Crypto energy
.
Miners become more efficient
Brute force vs technique , competition
Raw labor or technology?
Yin and yang
Heat technology
Free floating capital
Capital is always seeking the best investment
Limiting factor ?
Right cooling technology
Crypto hashes … generate it
Break even points
.
Stealing the power
Ethics
If you don’t upgrade you become obsolete
Bitcoin is real economics?
Nature healing itself
State of the Art
Upgrade hardware every 4 years, stay competitive
Efficiency curve
Keep compressing computing power
More hash power, better technique
Buy capital
Variable cost
40% is capital equipment
Not energy war, technology war.
Energy is a raw in on the universe
.
Self healing
Steal, variable cost is 0
Your margin is my opportunity
Think every 4 years –> every halving
Drivers of growth
We’re in a bitcoin rush
2035– mined 99% of the bitcoin
14 years, 10 more years… chance for the next decade?
.
Getting cut in half
Lacking imagination.?
.
I hunger for more risk?
Things for the sake of it!
.
Vault?
Matter of time
Send PHOTOS, audio files, bitcoin –> Bitcoin as a file type?
Inevitable iPhone sends Bitcoin?
So many easy tutorials!! 2010 Prius —
The average yearly salary of a person … I just earned that in a week?
Capitalism is great!
Or 1.8 years of rent in just a week? In theory me just sitting on my bum? Almost 2 years of rent in a week? Cool.
Last 1,000 years?
Don’t mutate the protocol and don’t let it die
Something which will last a million years?
Protection against hostile attack
If you live but you go insane, not worth it
Self healing and adaptive to environment around it
Temporal layer
.
Energy
Hash rate , power rate
100x hash rate, exahash…
Big customer of energy
Bitcoin is the most valuable use of energy in the world
40 cents a kilowatt hour mining Bitcoin
Co-opt energy industry and stay organically viable
Partnership
1 cent vs 40 cent an hour
Think volcanos
Intermittent energy or stranded energy
You don’t need bandwidth
Triple redundant
Monetize the volcano or intermittent energy — solar or wind
Aluminum energy
Bitcoin is Money
Half we got in human race is Bitcoin
Negotiate for free energy
Go straight don’t veer
Value Stock utility is hope
–> a lot of excitement!
Energy companies become technology companies
Think rocks, and uneven
Energy shock absorber
Peak Demand
.
Maybe becoming a social justice warrior is a good idea
Don’t be a flag humper
.
Bitcoin as energy and monetary bank and the worlds best battery
Battery bleeds 1% a month
Saves battery and energy for a thousand years
1 sat —
Very efficient energy system
Disruptive energy for whole market
Nuclear and solar energy for Bitcoin mining
Recruit energy capital
Create a hash wall
Becoming a miner
Always start back to zero
.
We will always seek greater efficiency
Parity
Encrypted energy … 100 exahash
10,000 miners to get to 1 exahash
Million mining rigs …
OPEN and competitive –> who wants it the most?
Where will we be in 10 more years?
More power, more compact
Your margin is my opportunity
Trust no man who has (any) streaming services
Where should we settle?
A commitment to a family is stabilizing
.
Something to lose, something NOT to lose?
Violence –> hopeless
.
Easy loading
Oasis of Prosperity
.
What is capital, what is US DOLLAR CAPITAL
MONEY is socio economic energy
.
Bitcoin is capital
Inbred is bad
..
Fast and easy is bad
Virtual is bad, virtual … virtual worlds is bad
Thermodynamic real world
–> what is a nerd? Anyone who lives in a virtual world… nerds and dungeons and dragons?
Don’t trust nerds
Centralized is bad.
I am the apex predator
My personal thoughts on capitalism is that it is very interesting; on one hand, I think the whole ethos of capitalism is that you increase your upside, but also, you increase the downsides.
For example, under a capitalist system, the winners win higher, the losers lose lower.
For example, I’ve always thought to myself:
Would have been possible for a Jay-Z to have emerged under an egalitarian Swedish system? No. 
Capitalism isn’t fair, nor is nature.
For example, I’ve been really addicted to watching the Michael Saylor series on what is money, and one of the interesting analogies that he talks about is nature. For example the eagles; apparently the way that the eagle hunts is that it finds a baby goat, drags it off a cliff, lets the cliffs do the dirty work, and then once the goat is dead on the bottom of the cliff, then the Eagle swoops in to feast. 
Or apparently there is another very horrific thing you could watch on YouTube of 20 hornets mass occurring a beehive colony of 20,000 bees, find meticulously targeting, clipping off their wings, and killing them one by one.
Or, when you see a pack of lions hunt the deer or the gazelle or whatever, what did they do? The trip the weakest and the slowest one, and feast.
Come on really, I don’t think that people should really complain anymore. You could just get a job at McDonald’s and earn $20 USD an hour! 
Apparently the motto in Stoicism is “follow nature!†
Yet, we oversensitive flaccid humans seem to not like nature.
For example, I think the whole modern eat those is all about egalitarianism, getting rid of hierarchy or whatever. But if you look in the animal kingdom, there is always an Apex predator, and also mammals, there are certainly a key of alpha males, and weaker males.
The very very simple one is to procreate. It seems that the modern day human being no longer desires to Procreate, and that is fine. Yet let us consider if all 8 billion people on the planet no longer desire to have children or offspring, and they were all happy just Working their jobs, traveling to Japan, eating good food, and dying. This would be a very grim ending for humanity.
Cindy Seneca and I recently became members at the California science center, which is very easily accessible via the LA metro line! I read this one placard on the wall that said something like “If you study nature long enough, the number one commonality is that the purpose of nature and species is to procreate and produce offspring!â€
 it is very cute. For example if you study the emperor penguins in Antarctica, the way that the fathers nestle the baby penguins in between their feet is super cute! Or, we just watched the IMAX 3-D film at the California science Center of the blue whales, and even in the vast ocean, all these adaptations that the blue whales had in order to Procreate! Apparently the male blue whale can send these deep sonic signals under the water, which can reverberate for hundreds and thousands of miles, in order to find a female mate.
Watching this IMAX film, the other part of the narrative which creates the emotional art of the film is that because of overfishing or whatever, and maybe lack of nutrition or changing climate patterns or whatever, the mother blue whales are no longer having baby whale children!
Apparently the mother whale feed the baby whale 250 pounds of milk a day!
Honestly after having Seneca, my personal joy and happiness and augmentation of life has gone from zero to one. Life before Seneca was quite pointless and meaningless, empty and fruitless. But life after Seneca is like going from the darkness to the light.
…
Too rapid of a rate 
Paper money is cotton candy
Dilution of money 
You don’t want to change the gravity
2.1 quadrillion Satoshis
Mathematically complete system
Hardest to impair
,
Not all capital is fungible
Self upgrade
Dematerialize
Higher velocity
Do a bunch of work with energy, generate a bunch of hashes , solve the problem and claim the reward , get paid for work
Honest work
Difficulty adjustment; as time goes on, you must make it more difficult!
Bitcoin Philosophy to Real Life
Increasing your own personal hash rate
Competitive work
Bitcoin is a microcosm of capitalism
Which fields to enter? Don’t enter field that you’ll just make a marginal difference, even at 10 X improvement, doesn’t seem a lot. Maybe the true innovation lies in going from 0 to 1; a life before we had none of it, but now we have it.
For example, I still think the killer app for Tesla is the whole self driving feature. To me switching from gas to electric only seems like a nominal change, but the ability for a car and my car to self drive itself, that is a zero to one improvement.
I also suppose bitcoin is similar. The reason why bitcoin is zero to one improvement is that superficially, bitcoin seems like digital gold or digital money or whatever. But in truth, it seems much more than that. Bitcoin is a 021 innovation and new creation, a truly new creation, and I think maybe the reason why people have such a difficult time Understanding what it is that it has never existed before.
Can you imagine explaining this to your mom; before the Internet was created? Or, if your mom or grandma never owned an iPhone before?
Photography and digital photography, going from film photography to digital photography might have been 1000, or 10,000 X of an improvement. But the difference between going from no camera to having a camera is the zero to one moment. 
Difficulty adjustment; as time goes on, you must make it more difficult!
Bitcoin Philosophy to Real Life
Increasing your own personal hash rate
Competitive work
Bitcoin is a microcosm of capitalism
Which fields to enter? Don’t enter field that you’ll just make a marginal difference, even at 10 X improvement, doesn’t seem a lot. Maybe the true innovation lies in going from 0 to 1; a life before we had none of it, but now we have it.
For example, I still think the killer app for Tesla is the whole self driving feature. To me switching from gas to electric only seems like a nominal change, but the ability for a car and my car to self drive itself, that is a zero to one improvement.
I also suppose bitcoin is similar. The reason why bitcoin is zero to one improvement is that superficially, bitcoin seems like digital gold or digital money or whatever. But in truth, it seems much more than that. Bitcoin is a 021 innovation and new creation, a truly new creation, and I think maybe the reason why people have such a difficult time Understanding what it is that it has never existed before.
Can you imagine explaining this to your mom; before the Internet was created? Or, if your mom or grandma never owned an iPhone before?
Photography and digital photography, going from film photography to digital photography might have been 1000, or 10,000 X of an improvement. But the difference between going from no camera to having a camera is the zero to one moment. 
Simple rule in money, economics, finance, business or entrepreneurship… never be the first person to say the price, first put the ball in their court. Especially when you’re asking for labor
RIGHT ON TIME — now or not.
The more pain you feel, the faster your reflexes
How to harness or channel pain into power and energy?
Bitcoin is programmable money
Program and condition the money?
Force and acceleration with money?
Million heads
Lazy lions die, weak antelope get eaten
Weak die, strong procreate
Time cannot go backwards , time must work forward — entropy
The thought that the future of your life has negative value?
Store of value
It’s not a perfect design until there’s nothing left to remove ***
Think assets 100 years from now
Why gas cars are a bad idea– as time goes up the price of gas will indefinitely go up?
extract power from chaos
Engineer a better habitat
1-2% of wealth in high frequency transactions
Keep 1-3% wealth in fiat
The more muscle you gain, the more energy and power you gain?
Can you “undo†pollution?
Visual Pollution
Don’t create complexity
Low frequency settlement network
Easier to make money just being legitimate
Bitcoin is the universal language of economic truth
Ounces of gold, versus bitcoins  
Self sovereign economic energy
Bitcoin is a great way to transmit energy into the future
95% of the crypto asset market 
Immortal sovereignty and anti-fragility
A Crypto network is a life form 
One Apex predator
Decentralized Lifeforce
Bunny rabbit versus wolf
Absorb feature sets from competitors
Immortality, immortal sovereignty
Long range sovereignty
Magic power
Life force
Type 2 diabetes and cancer
We can tell people what to think about 
Energy density 
10% drain on your life every year
–
-10% yearly yield?
The overall number is flat
The decimation law — 1 of 10
10% maintenance costs
Paint steel
Value of functionality and acquisition
Maintain it then enjoy it?
Don’t go to Moscow, don’t fight a war on two fronts
Stuff breaks
10% tithing obligation
Words don’t matter , actions matter
40 year old emperor in military
Grounded in reality
“Soon you shall have forgotten all and all have forgotten youâ€
He had the keys
Darwinian vitality
Is lying permitted ?
Lying is fine!
Most adaptive to change?
There are no ugly animals
Terrifying beauty in nature
In the wild
Time cannot and must not flow backwards
Wisdom is key
Money is tokenized energy in a socio political framework
Dollar is a measure of energy
“How much energy�
What is the “point†of a human body?
First digital money
Think science and engineering for money
Yall look the same by
Ideal money
Truly immutable or not?
Mathematically correct
Adaptation
The perfect money
Incorruptible system
What is property ?
Property law
Money is the apex property, or most important property
Money is property!
Money –> property you can trade for any other property
Politically engineered money vs scientifically engineered money
The best engineered money
Shared, immutable correct
So many coin networks
The litians
Los Angeles
Clipping the currency
Discrete
.1 or .01?
.
Money changers
50% after 72 hours currency changing
Transformation of energy loss
You cannot create energy ,,, but you can extract it
.
Thumbs up!
Cybertruck is interesting because it doesn’t look like a truck
Slanted trunk
Like a really long fast back?
Too much gold is bad
Gold is not mathematically correct , nor conservative .
. Approximation
2% error a year
Double or triple the gold after sacking
.
It is easy to confiscate things
Hyper expensive
…
Clothes or iron or steel?
.
No money velocity and distribution
.
How to wake up
Bronze gold rims
.
4 runner over cyber truck
.
The belongings of others belong to me!
Money is great >>>>
Money is opportunistic!
Obvious decisions are obvious
.
Authenticate a gold coin?
Prius till I die!
Gold applications
Laws of physics
Gold check
Physicality
Invites violence?
So slow?
Gold standard invites war
Sell me your bitcoin!
Bitcoin stickers?
Nobody has war for paper currency
Sack the city for gold
Steal the gold and art
TAKEABLE
Destabilize
Gold for final settlement
Increase your fitness
How to increase your fitness
Morning routine?
1971– default on gold standard
60 pound weight vest training?
240% up , gold is down 9.82%…
132% compounded annual froth rate over 10 years … 13.9% over 10 years, 33% up one year sp
Gold is not store of value last decade… opposite
Collapse of purchasing power over 12 months
.
Store of value? 33% or better … gold is -40%, Bitcoin is +200%
.
Gold is no longer monetary asset?
Bitcoin Rapper?
I got my bits, you got your nits
.
Nitta please
My bitcoins bad and boujee
Adaptation
Laugh and smile
Not smart enough
Bitcoin Banker
Become your own SWAT team?
SWAT
.
It’s not my fault you’re a pussy!
.
It’s not my fault you’re a weakling and coward!
A very big thought I’ve been having as of late is in regards to the human body. What is the point of the human body, the purpose, how you desire to channel it, etc.
The first observation is that in today’s modern day economy and society, we are overly fixated with physical things, homes, property, money, cars, trucks etc.


Monetary energy leap
Pure digital monetary network
Monetary energy is energy
Human labor crystallized into money
Money is energy
Money is the highest form of energy
Money is the highest form of energy which humans can channel! ***
Projectiles
Conservation of energy
Conserve energy … this is what it means to conserve money?
Wind energy
Humans prosper by harnessing energy
Most efficient energy network in the world
Lightness is divine
Harness energy?
Store and transmit energy across time and space
Across domain
Energy lacks durability
Save for the sake of what
24% bleed rate per year
Variable cost
Command human time or savings
50,000x cheaper
Lossless energy network overtime 
We need some gravity and friction in our lives
$250T of energy in it
Lose the house in 50 years At 2%
20-100 years, you will get bled out by taxes 
Heat exchange, energy exchange
6% transaction fee
30 days, $60,000
It can take you three years to sell a house
No inflation
Infinitely hard
You’re going to lose 99.5% of your energy in Fiat
Crypto container, like a steel container
Steel hull
Vacuum seal it
The destiny of money is to be encrypted
Crypto containers, in bitcoin miners are power plants
Money is Power — deep reality
Money is the highest form of power
The superset of all power
Ultimately power becomes money
Lifeforce, treasury reserve asset
60-90 days without food, 30 pounds of fat 
 organic battery
Treasury is an organic battery
Store and save power
Muscle is power on tap? Or the more muscle you got, the more metaphorical horsepower you got?
No hedge, no speculation. 100% commitment
Hundred percent commitment, no other thing 
Don’t inject sugar into your body, that is type two diabetes, injecting sugar is bad
If you inject too much sugar into your body, your insulin response is falling and you become insulin resistant, or resistant to insulin
Your body becomes diabetic , you get metabolic disease
Pancreas fails, liver fails
Organ failure, cancer then death
Overdose on pure sugar
Pro rata– in proportion —
Pari passu: on equal footing
Borrow money in cash , bitcoin goes up 20% a year , borrow money at 5%, then my arbitrage is 15%
Pledge collateral against the loan
Borrow against your stationary assets 
$400M in debt
The taxes will kill you
Taxes murder you
:
15 bitcoin and borrow one bitcoin?
How to acquire more bitcoin?
“ Never bet against the United States “
,
Respect laws of thermodynamics
The laws of conservation of energy
Conservative monetary network
Conservative energy is truth
Energy –> ultimate scarce asset in the universe
–> make or create more energy? Or store it or use it?
Thermodynamics
“You can’t get out of the gameâ€
You can’t cheat the laws of thermodynamic
F=ma
Force is mass times acceleration –> accelerate faster ?
Or increase mass,
Basis of heat exchange
More force is the goal
Move mass fast ,,, make mass zero
Bitcoin is technology and economics
Mass is expensive to move around
Bitcoin as assets
More assets , more riches
Cyber hornets eat you
Bribe gatekeeper?
The best defense is a good offense 
Active defense, moving defense
Continuous adaptation
Absorb capabilities of enemy and reflect back to them
Bitcoin network is hydra
Million arms and heads
Gates , gatekeepers are weakness
Proof of work network which is energy intensive
Money is energy
How to gain more energy–> the goal?
Off the grid training
Human as a vehicle?
Husband and wife — mother and father unified—
Bitcoin *IS* money —
Bitcoin — the first monetary network?
