You’re only allowed to use your iPad or iPhone when you’re outside, never inside?

Monetary nationalism is bad 

Running a productive company 

Competitive advantage 

Individual freedom 

What is the purpose of taxes? 

Mutually beneficial exchange

Denying enterprise the right to produce good money 

“Hayek put it: “The cause of waves of unemployment is not ‘capitalism’ but governments denying enterprise the right to produce good money.”19

”

Excerpt From
The Bitcoin Standard
Saifedean Ammous
https://books.apple.com/us/book/the-bitcoin-standard/id1396764099
.

Critique of modern day academics and scholars: too much folks on rigor, not enough focus on why it actually matters?

The less time you waste, the wealthier you become? 

Also I wonder, is the word wealth associated to “well”?

Bad, evil investments

Or in other words, I don’t trust anybody who doesn’t drive a Prius

Debt is the opposite of saving

Debt is slavery, then saving is being a master?

Raising capital, the simple thought — the next generation should have more than the previous one?

Do not eat your seed crop

No.

We must decouple the idea that money is fiat currency US dollars. Instead, money is something else… 

“Those who confuse entrepreneurship and management close their eyes to the economic problem…. The capitalist system is not a managerial system; it is an entrepreneurial system.”
—Ludwig von Mises5”

Excerpt From
The Bitcoin Standard
Saifedean Ammous
https://books.apple.com/us/book/the-bitcoin-standard/id1396764099

Scarcity is the starting point of all economics 

Scarcity versus abundance?

I have a theory: perhaps the reason why unemployment is so high is that individuals are no longer tempted to work these meaningless jobs, in exchange for flaccid fiat currency. Once again note, now at McDonald’s, because the minimum wage in Los Angeles has been raised from $16 an hour to $20 an hour, overnight, Anyone with half a brain working at McDonald’s! This is insane!

Also, overnight, the price of goods and food has shot up! ample, a single burger patty at Shake shack only used to be $1.50, now, after the minimum wage hike, suddenly overnight, the purchasing power of my US dollar has become extremely devalued, a single burger patty is $2.50!!! This is an inflation of a dollar, overnight!!

This is bad news. Raising the minimum wage from $16 an hour to $20 an hour for fast food workers, is insane. Don’t these fools know that artificially increasing the minimum wage will eventually just make rent prices, housing prices, and all food prices, gas prices go up? 

“The cause of waves of unemployment is not ‘capitalism’ but governments denying enterprise the right to produce good money.”
—Friedrich Hayek”

Excerpt From
The Bitcoin Standard
Saifedean Ammous
https://books.apple.com/us/book/the-bitcoin-standard/id1396764099

“See Michael Holroyd, Lytton Strachey: The New Biography, vol. I, p. 80, in which a letter sent by Keynes to his friend Lytton Strachey in the Bloomsbury set advised them to visit Tunis “where bed and boy were not expensive.” See also David Felix, Keynes: A Critical Life, p. 112, which quotes a letter from Keynes in which he informs a friend, “I’m leaving for Egypt … I just learned that ‘bed and boy’ is prepared.” In another letter, he recommended Strachey go to Tunis and Sicily “if you want to go to where the naked boys dance.”

Excerpt From
The Bitcoin Standard
Saifedean Ammous
https://books.apple.com/us/book/the-bitcoin-standard/id1396764099

“Keynes was a libertine hedonist who wasted most his adult life engaging in sexual relationships with children, including traveling around the Mediterranean to visit children’s brothels”

Excerpt From
The Bitcoin Standard
Saifedean Ammous
https://books.apple.com/us/book/the-bitcoin-standard/id1396764099

John Maynard Keynes was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. He lived from 1883 to 1946. Keynes is best known for his theory on the causes of prolonged unemployment, which he presented in his seminal work, The General Theory of Employment, Interest, and Money (1936). His theory, known as Keynesian economics, suggests that in the short run, especially during recessions, economic output is strongly influenced by aggregate demand (total spending in the economy).

Keynes advocated for increased government expenditures and lower taxes to stimulate demand and pull the global economy out of depression. His ideas have been widely used to justify economic intervention policies by governments and have influenced various aspects of modern macroeconomic policies, particularly regarding the role of government in stabilizing the economy over the business cycle.

I think when it comes down to it, Donald Trump was a pushover, allowing everyone to get a free $1000? 

The Chicago Bulls, bulls, bull market, bully, Lamborghini Bull

I’m a bull just like the hometown ! – Ye

When can and when should one stop accumulating capital?

How does one accumulate capital? By saving it, conserving it, and stacking it —

Capitalism as an economic system based on capital accumulation from saving? 

“capitalism—an economic system based on capital accumulation from saving”

Excerpt From
The Bitcoin Standard
Saifedean Ammous
https://books.apple.com/us/book/the-bitcoin-standard/id1396764099

My overall critique of economist is that there are two focused on the future. The utility value of the future, saving for the future, whatever. Yet what a lot of these skinny fat anemic low muscle mass dweebs don’t know is how to live right now in the present moment?

https://data.chain.link/streams/arbitrum/mainnet/btc-usd

Chainlink bitcoin data stream

Hitler, Nazi… Nazism… was the populist, socialist party in Germany?

Seneca, currently at age 3 years, about two months… is starting to become surprisingly heavy. I have this infamous carry in which I carry him around, all day in town, and I’m already starting to feel my biceps and arms and forearm grow heavy.

I suppose then, a very very practical thing I have is that my role in duty as a father, I desire to be maximally strong robust and full of vitality strength and vigor.

So then a very simple thought is this: what types of exercises or movements or training can I do which will augment my ability to carry him in my arms until he is 12 years old?

Or, what types of exercises can I do which will maximize my vigor, power, energy in general?

Freedom market

The “Free” (Open and Permissionless) market

The market can be the solution to a lot of things?

Button rules on your jacket?

–> enrich the ruler

.

“Break the rules! … NO … not like that!!”

Constitutional rights –> default on silver certificates or also … putting Japanese into internment camps

Nuclear power settlement.

The swarm

Control over space?

.

The will to power bitcoin

95% of hate is just bots?

.

Truth machine

100M fake accounts an hour

.

Bitcoin as a truth machine

Gold Check

.

Cross other email platforms

Fragmentation of platforms?

–> proprietary certifications

Not verifiable

Toxic, centrally managed and fragile

.

How to sign and verify?

Think the swarm?

The Zerg race in StarCraft II is often considered highly effective and popular among top players for several strategic and gameplay reasons:

1. Versatility and Adaptation: Zerg units and structures can rapidly adapt to different strategies and situations. This flexibility allows Zerg players to respond effectively to their opponents’ tactics, making it a dynamic race capable of quick shifts in strategy.
2. Economy and Expansion: Zerg players can quickly expand their economy due to their ability to spawn multiple workers simultaneously and their capability to rapidly take over multiple resource locations. This economic advantage can often lead to overwhelming opponents with superior numbers.
3. Swarming Capabilities: Zerg is known for its ability to produce large numbers of units quickly, overwhelming opponents with sheer volume. This swarming strategy can be difficult for opponents to counter if not prepared properly.
4. High-level Play: At professional levels of play, the Zerg race’s potential for aggressive tactics and strategic depth is fully utilized. High-level players exploit these aspects to execute complex strategies that can outmaneuver and outpace opponents.

The balance of StarCraft II races is continually adjusted by updates to the game, but Zerg’s unique combination of rapid growth, adaptability, and the ability to execute both macro and micro-intensive strategies effectively contribute to its success in competitive play.

For more insights on Zerg strategies and their effectiveness in professional leagues, enthusiasts often turn to specific game analysis and commentary in the esports community.

Bitcoin Power

I’ve been following bitcoin ever since I lived in Vietnam off the grid, around 2016 2017. I still will never forget, when I was in my junior year living with my roommate Kevin, in our UCLA studio apartment housing, I think my friend Kevin was already, and told me about the whole bitcoin thing and the whole pizza thing, and he said –“Hey Eric, we should just buy $100 worth of bitcoin and see what happens to it.” I remember I think I was doing something else, slightly distracted and shrugged and said “Eh… let’s not bother… it’s probably a scam”. I think at the time bitcoin was worth a fraction of a cent, so in theory me and Kevin both could’ve just bought hundreds maybe even thousands a bitcoins, while we were still in college, I think this was 2009. Before either of us even owned a smart phone. I actually think the original iPhone 3 came out my junior of college.

Anyways, fast forwarding a bit when living in Vietnam, at one of my beloved coffee shops, I remember seeing bitcoin at around $300 a bitcoin, seeing at least spike beyond $1000, which the mind of anybody following it. I think other fantastic Limits included when it broke $10,000 a bitcoin, $20,000 a bitcoin, $50,000 a bitcoin, now over $70,000 a bitcoin. My personal thought is once it breaks $100,000 bitcoin, it is only uphill from here.

“If it is not going to zero, it is going to a million” – Michael Saylor

We only ever lived once. I think for me the most fascinating about bitcoin is that it is pure, concentrated power. 

For example, I think I had this thought even before I started watching a bunch of Michael Saylor videos, but the general idea that I had is the reason why bitcoin is so fascinating is because all of the mining power that goes into it, and the final result is a bitcoin, or several bitcoins, in theory that energy that is stored in a bitcoin is non-perishable.

Also, random things that I was thinking about like living off the grid, leaving the states, thinking about real estate, land, property, single-family homes whatever… Ultimately the interesting thought always comes down to the idea of the sake of what?

Seneca at LEGO CAMP

So really exciting news, Seneca now at the age of three years one month, his first taste of socialization is this wonderful LEGO camp that I enrolled him in!  Replaying my own personal childhood, it is like a Lego technics focus on gears police. Seeing him learning and grow is so grand.

Anyways, thinking a little bit ahead, in about 10 months or a year or so, we might be in Cambodia or out of the country or something, and also I’m sure before we know it, Seneca is going to keep on growing, sooner or later becoming a teenager, becoming a teen years old, and it is crazy… I think once you become a parent and become have kids Your time horizon expand. This means that it is actually much easier to see the future with great clarity. That Seneca doesn’t get killed by a crazy car, he will go through elementary school, K-12 education, graduate high school etc. By the time he turns 18 years old, he will be a full adult.

I think the humbling thing is knowing that when he turns 18 years old, that is only about 15 years from now. I am very certain that 15 years from now, things will be a lot different, we might be on the iPhone 20, I’m sure there’s going to be a baby Tesla model three cyber truck version, Model Y and X and as we all have upgrades, new versions, certain things will stay the same, others want. So trying to think about the next 15 years is a good one because not only is a practical, but it is also wise. Having a kid is the ultimate and thinking about the future, Explaining your horizons and time preferences, and living a grander life. Don’t be like the typical loser millennial, investing all this energy and effort into a dog, which will soon die, causing you to also rack up these bills for your dog getting cancer, dying, and you also eventually re-adopting a new animal because you don’t know what else to do.

I’ve been following bitcoin ever since I lived in Vietnam off the grid, around 2016 2017. I still will never forget, when I was in my junior year living with my roommate Kevin, in our UCLA studio apartment housing, I think my friend Kevin was already, and told me about the whole bitcoin thing and the whole pizza thing, and he said –“Hey Eric, we should just buy $100 worth of bitcoin and see what happens to it.” I remember I think I was doing something else, slightly distracted and shrugged and said “Eh… let’s not bother… it’s probably a scam”. I think at the time bitcoin was worth a fraction of a cent, so in theory me and Kevin both could’ve just bought hundreds maybe even thousands a bitcoins, while we were still in college, I think this was 2009. Before either of us even owned a smart phone. I actually think the original iPhone 3 came out my junior of college.

Anyways, fast forwarding a bit when living in Vietnam, at one of my beloved coffee shops, I remember seeing bitcoin at around $300 a bitcoin, seeing at least spike beyond $1000, which the mind of anybody following it. I think other fantastic Limits included when it broke $10,000 a bitcoin, $20,000 a bitcoin, $50,000 a bitcoin, now over $70,000 a bitcoin. My personal thought is once it breaks $100,000 bitcoin, it is only uphill from here.

“If it is not going to zero, it is going to a million” – Michael Saylor

War calms us?

.

Stable store of value

Produce something of value to others 

Gold is practically indestructible

Gold mining versus bitcoin mining?

Non-perishable money

Non-perishable things

“Monetary media”

Human lever

Willingness and desire to hold money vs spend it?

Why “spend” money –> double spend idea

Purchasing power for what?

How to increase your purchasing power, but why? For what?

How to concentrate power

The concentration of power –> banks, banking.

How to concentrate power?

Bitcoin is pure concentrated power?

More Bitcoin = More Power

.

Think energy & power

.

Something I haven’t really encountered is in regards to the sociology of economics. That is, economics, an individual’s personal economic preferences in the context of one’s society, societal desires, things society says you should desire?