We the new bitcoin Cowboys!

Nakamoto goals!

ogre, ogres? Avoid ogres?

Best way to convince someone or people to do something is not to praise its virtues, but to promote the idea that in fact it is a luxury?

For example, living a spartan and aesthetic lifestyle, it is not self abnegation in you’re not positively doing self harm, but instead, it is the new luxury to be Spartan, disconnected, off the grid etc.

In fact, what is the best way to Schwab or brag? Not to brag or show off how much stuff you owe or whatever… But instead, bragging and showing off the fact that in fact, you don’t check or use email for a living? Or use email at all?

new luxuries

Invisible wealth.

Very interesting things; if you are in fact a really really really truly rich person the question is: do you in fact want people to know in real life that in fact, you are really rich? Of course not! Then everyone is going to try to sneakily get at you and your wealth, and also, rob or hijack or jack you.

For Example, what is the best way to get dropped? Going to the club with the Rolex on your left wrist; you could identify a Rolex watch from a mile away based on the chain-link pattern, the way it shines and glistens. As a consequence, the funny thing with wealth is a little bit ironic and bizarre;

First, what do you want to signal? Do you want to signify your wealth of prestige and power? Or would you prefer to stay low-key?

For example, once again when it comes to cars and automobiles; it is generally not a good idea to be known. For example, all the real Hollywood producers and people who run and own the media, all of them desire to be unknown. Why? They want to be able to go out in public, enjoy their lives, go on a walk without getting mobbed, without the paparazzi following them everywhere. I have a funny theories; actors and directors are essentially sacrificial lamb; or scapegoats; they are promised all this wealth power and prestige but in fact, they end up just becoming targets for the Hollywood producers who have the real wealth and power and prestige. The true Hollywood producers then, can enjoy the upside of their anonymity, proceeded in life as usual, without getting their lives ruined by TMZ.

Invisible wealth

So, the general idea; so how can you store your wealth, hide your wealth, without anybody knowing it? And without inciting the envy of your neighbors, other people, etc.?

First, not driving a flashy car. If you know somebody who is a real millionaire or a bitcoin billionaire or whatever, and they still drive a Toyota Prius, know that they’re onto something good.

Second, ultimate self clothing. If you are a real connoisseur, you are going to be wearing only cashmere, wool, Merino wool, the finest of materials, all without letters or stitching or monograms or logos. Why? Because once again certainly there is a grand upside to having better materials, superior materials to keep you warm and cozy, and protected from the elements.

For example, in the winter time, when it is really really cold and miserable outside, your best bet is wool and cashmere. Not some loser Louis Vuitton something.

And also, leather. Leather is very very simple and also a grand and great luxury. As much as these loser animal rights activist may say otherwise; leather is superior and supreme. Even a random Prada iPad case which I was gifted at this one Prada pop-up show, Which was used on the original iPad, which hilariously still fits my new iPad Pro M4 chip, it feels so luxurious so inside, once again, pure leather is the way.

Eco-friendly materials suck

So the big issue here is that eco-friendly stuff doesn’t last, the quality is poor, the durability is poor. It sucks in almost every single regard.

I have a theory; the only reason you have a lot of these companies trying to promote  eco-friendly stuff in eco-friendly materials because they are all essentially derivatives of plastic, recycled plastic and polyester, which is hard cheaper to produce, create, market and sell, and also it has much higher profit margins. Therefore we are being suckered into using really really bad materials, all for the sake of fattening their wallets, not for the planet. In fact, if you think about it, a lot of these materials are made out of petroleum and oil, and I don’t even think they disintegrate that well, whereas if you have a leather or something, not only will that last for generations, in theory it should decompose better in the Earth than some sort of junky plastic.

Even funny enough when you see these sci-fi movies of the future, they are not wearing these recycled polyester suits, most of the people in Blade Runner or whatever are wearing leather jackets, just like a Ryan Gosling from Blade Runner 2049. Once again, leather jacket, Cow and or sheep fur lining. Even in the early days of aviation, a lot of these aviation pilots were very very thick sheep fleet interior jackets, and thick leather high jackets gloves hats etc. to keep them warm.

Back in the days before all of this nonsense call eco-friendly fashion, which is once again, consumerism with a good conscience.

the Luxury of bitcoin

I think what a lot of fools don’t understand is that in fact, bitcoin may be the best thing for the planet in the human race. Why? It lasts forever. Not 100 years not 1000 years, try 100,000 years. As long as a human race exist, on earth space from Mars or even on a spaceship with intergalactic Internet, Bitcoin shall last.

In fact, if I was jumping on a spaceship and getting ready to settle to Mars, or thinking about Seneca’s kids kids kids kids kids, certainly it seems plausible that rather than taking US dollars, Fiat currency, gold bars, or Lamborghinis with them to space, certainly they will take bitcoin which is real, yet weightless.

Have you ever seen a Google in real life?

Of course you have seen the campuses, you have seen the playgrounds, you have seen the mediocre Google pixel devices;; yet, have you ever seen a search engine in real life?

People that might talk about the Google data centers, but you fools don’t you know that the bitcoin monetary network is like taking all the data centers but Amazon Google Facebook meadow whatever and combined it times 10? Or like having 20 full on nuclear reactors powering it?

Why bitcoin is interesting

So bitcoin just broke $103,000 a bitcoin the other day, December 5, 2024… A day not to forget, also my mom’s birthday.

So the first thought is why did it pop so hard? I think it is because at a world economic Russia forum, Vladimir Putin himself commented and said that bitcoin is unstoppable, you cannot stop two human beings from sending electronic payments or stuff between one another with their phones, and that it was wise to adopt new technologies as they came. And also, Russia is in a bit of a squeeze; they kind of know they are dependent on America, and now with the war with Ukraine, they are slowly getting squeezed out of the picture. And as a consequence, how can the Russian store their wealth? Maybe in gold bars, but gold bars are not very practical for transferring billions of dollars of value instantly across the planet. For example if you are Russia with $100 billion of gold bars, trying to do commerce with mainland China… How many military vehicles do you employed to securitize the gold, to prevent pirates from stealing it?

And very very interesting on a recent interview that Michael Saylor had with yahoo news, is that actually, in terms of American technological supremacy, and monetary supremacy, America should just immediately sell all of her gold reserves, and just buy bitcoin instead, ideally buying up at least 20% of the world‘s bitcoin monetary network. Why? This would immediately demonetize gold, which is once again, the reserve asset which our enemies use.

So then there would be a double win-win situation; first, America is still able to assert her US dollar dominance on the planet, against all of the BRICS nations, and also, become the central superpower, ideally forever in the context of money power and capital?

You, your family, your squad

BITCOINSQUAD

 kind of a funny observation; I’ve actually discovered there are a bunch of Eric’s in the bitcoin world, ERIC Semmler of semler scientific, the company which is also on the bitcoin standard, also ERIC Trump who I guess is one of the sons of Donald Trump, who is also apparently really into bitcoin, also, another ERIC in Bloomberg who writes about ETFs, there’s a lot of us.

Anyways, as of late I’ve had a stronger conviction, telling all my close friends and family that actually care for to get themselves and their family and their portfolios onto the bitcoin standard. This means like putting all your wealth into bitcoin, and for stocks and retirement IRA Roth IRA whatever, putting it all into microstrategy MSTR stock. I’ve been giving a lot of young family members unsolicited advice about microstrategy, and they were all grateful because it went up a lot!

Everyone is always feeling like they missed the boat, but as long as you buy it for less than $1 million, you’re still going to get a 90% discount. And also, a funny and simple thought is that similarly speaking, I can also imagine that I’ll be buying bitcoin even when it is $1 million of bitcoin and beyond. I’m also certain I will be buying bitcoin when it is $10million a bitcoin, and maybe even when it is $100 million a bitcoin.

Why none of this makes sense no more

So bitcoin is really interesting to me because it is the world’s first hard money and capital.

Typically capital has been parked in real estate for so long because for the most part it was scarce, desirable, and also resistant to traditional fiat currency.

For example, in the past, if you parked all of your capital into US dollars, or the Dutch guilder, you would have effectively senior wealth go down to zero. I saw an advertisement that in 1920 you could purchase a home in Culver City for $250, and now it is worth what, $2.1 million dollars?

Bitcoin is the new real estate

So this is also $1 million question or maybe $1 trillion question or 100 trillion or a $350 trillion question:

How can you monetize bitcoin?

It’s kind of like the same of saying that if I bought Manhattan in the year 1624, how can I collect to rent from it?

Or, like imagine in the early days the Internet, nobody had any idea how to make money off of it. Even the early days of Google, I still remember finding Google and finding about Google in a search engine engines for dummies book when I was around like 11 or 12 years old, And it was a simple search engine, just the Google search icon, and I’m feeling lucky button. It seems that maybe like 15 years later they found out ways to make money through search advertisements.

Same with Facebook, it’s pretty impressive, that Mark Zuckerberg was able to take some sort of college prank, and transform it into billions of dollars of value. Once again same thing with advertising.

So I think with bitcoin it will be the same. They will be very very easy ways for people to monetize bitcoin, but just give it some time! Why in such a hurry or rush?

 the timeline for an investor is at least 10 years

So you should certainly not touch your bitcoin for at least four years, 10 years, ideally never. Why? Do not trade your gold for copper, no matter how good the trade may seem.

So for example, people still have this foolish idea that when bitcoin is up you should sell it and buy something “real“, like real estate or a single-family home or property or US dollars whatever. These fools are still stuck in the days of AOL 3.0, 38.8 K tile up Internet, blockbuster and the like.

Michael Saylor also had an interesting history of science analogy; imagine that only bicycles existed and boom, somebody comes out with a motorcycle Ducati. Certainly there is no turning wings of time back.

Or let us say that you were in the 1920s, and everyone is driving this horse and carriage buggy whips, or Ford model T’s. If this is the case, imagine then somebody pulls up with a cyber truck, all Matte black, certainly people would think that you’re some sort of alien or god. 

Bitcoin is god money?

So imagine that God came from heaven, he came down to earth, and told us: I shall give you the most supreme and sublime money in capital. It shall be immortal, infinitely divisible, portable, it will last and live forever on the Internet in the cloud, both online and off-line, it will be censorship resistant, it will be politically neutral; and, you could just memorize the password in your head, and hand down the password to your descendants to own forever as long as they just remember the words. Wouldn’t this be like the best invention of all time?

I watch a funny film called God bless bitcoin, and the similar idea was that there are some religious folks who believe that from even a religious perspective, it is ethical. Jewish people, Islamic people, and Christian people all like it. A good sign.

Who does not like bitcoin?

I think the only people who don’t like bitcoin are essentially the people who are still stuck in the old ways. For example, your uncle who still refuses to use an iPhone, and prefers his Motorola razor flip-phone instead.

Or, your grandma who is still used to going to blockbuster to borrow VHS cassettes to watch at home, on her CRT television, with the VCR player, and also with a little Ferrari rewinding VHS cassette thing.

New things are hard to grasp

So for example, it took me a very very long time for me to explain to my mom what cloud services were, what the cloud was, etc. She still does not understand 100% of how it works, but she gets it. She shoots pictures on her iPhone, and they remain accessible Kind of forever.

Also, FaceTime. Certainly it works, but how it works, like the science of how it actually works, is befuddling. Yet nobody second-guesses it.

Or, modern day electricity, and heat and water and plumbing and sewage and sanitation. Most people have zero idea how it is made, yet we are all grateful for it.

So if you have ever tried sleeping in a hot stuffy humid apartment at 120° in Southeast Asia during the summertime, you know that air conditioning might be one of the best blessings of all time to humanity. Or try to imagine walking around in Dubai in the summertime without air-conditioning in your house your car or the mall.

Do you have a lot of these full saying that bitcoin is bad for the pineapple blah blah blah, but don’t you fools know that bitcoin only takes like .1% of the world’s energy, whereas air conditioning I think counts for about 33.3% of the world electricity usage? Yet nobody is trying to ban Air-conditioning!

What is good for humanity?

This is also another thing, I don’t really like gasoline cars, tailpipe emissions whatever, but, if suddenly overnight you band petroleum gas and the like, 95% of humidity would immediately starve or freeze to death.

So I think from a basic perspective, things and economics should be optimized to think about first, the well-being of humans.

Once again love these people who are too much into the environment, environmentalist, I think it is kind of a new weird cult religion; a lot of these people don’t believe in God anymore or go to church, yet have found some sort of salvation in this metaphorical mother Gaia?

I get it everyone needs something to believe in, but, I think the issue here is tyrant vs choice.

First, it is a free country. The land of the free.

You should have the freedom to choose. This is the number one ethos of America and being American.
P and this is where everyone on the political spectrum don’t understand things; if a woman wanted an abortion let her do it, if somebody wants to chop off their penis and balls and sterilize themselves, go ahead and let them do it. And maybe on the other side if somebody wants to own a gun, just let them do it. Or if they want to masturbate to an American flag let them do it.

I think what then becomes the important imperative of year is once again, giving people an option and choice! And also, having the freedom and protection from idiots, on all sides of the political spectrum?

For example guns, yeah yeah yeah everyone should have the right to own it, but please, don’t bring a gun to a wedding and leave it unattended in your backpack, only to have a drunk crazy lady at the wedding trying to steal everyone’s stuff in the bag coat room, finding the gun, getting surprise, and leaving it on top of your child’s car seat. (True story happened to me, I found a gun on Seneca’s car seat). I only think God that I did not accidentally pull the trigger or he did not pull the trigger or some other kid did not accidentally pull the trigger, either killing Seneca, myself Cindy or anyone else at the party.

Don’t ban it just regulate it

Once again, there are lots of crazy people out there and everyone is going to do crazy things to themselves, they own families whatever. But let them do all the crazy shit they want to do, just stay away from them.

So similarly maybe we should have the freedom to be protected from these weirdos?

The joy

So the joy and glory bitcoin is fascinating some one bitcoin hit 100 K and beyond, it was like the best party on the Internet of all time. Twitter was going absolutely insane; everyone is having a great time. I could feel the joy and enthusiasm on the Internet, all these people bursting into tears and crying, barely holding their emotions.

I’m starting to get the sense of religious forever for bitcoin, which is always a good sign. Even the early days of Apple, Steve Jobs was the priest, and Apple and Apple Store was the temple. People used to camp outside the Apple Store for the new iPhone, not anymore. Apple can barely give away their products now. 

All the tech companies are languishing. Facebook and Meta and Instagram is getting destroyed by TikTok, the evil mainland Chinese corporation I think run by Tencent. As much bad as Google Amazon Facebook YouTube gets, no no no you fools, TikTok and China is the real enemy. And also video games, anything run by riot games or has major investment from mainland China are all bad and evil for yourself your kids or family.

I would say, if I had one piece of advice to Donald Trump is that it would be just banning TikTok from America. Think about the asymmetry here; mainland China blocks all major American tech stuff in China, yet, we allow TikTok to run shores chores?

Americans still have ethics

I think me and them in Chinese corporations and people, especially post Malong communist upheaval, and destruction of confusion values, they no longer have any values besides more power, influence, money and capital.

Just think about it, what is the apple of China’s eye? China wants to obviously become stronger and more powerful than America, yet knows that she cannot do it unless she does trade with America. If overnight we introduced 1000% tariff to all mainland Chinese things in corporations, with death and famine for mainland China.

Just imagine if Donald Trump overnight declared a martial law saying that it was in fact, 100% illegal for Apple to produce any products at Foxconn in mainland China, what would that spell for me and China, and also Apple?

The good news is I think we could still produce things here in America, we might not have an affordable iPhone anymore, but still… It would get done.

If you had an iPhone that was 100% made only in America, it might be like 10 X the price, either that or maybe it will just be switched to some sort of expensive subscription model, but still, America would function. I don’t think China would.

Why TikTok is so evil

There is no censorship on TikTok, no content is ever flagged or taken down. Because once again, China does not care for any sort of ethics or copyright or whatever here; even during the para Olympics, and the only copyrighted videos I could watch of the Olympics were like Screen shares on TikTok?

Why bitcoin is the ethical option

If you ever talk to any shoes liberal American, the one that is phd educated, apparently very very liberal in whatever, yet anti capitalism, just asked them, what is the origin of money, and how can they afford to pay their mortgage, or rent, or Tesla, or the gasoline for their Prius car? Or for their Whole Foods farmers markets?

One might say that real money is gold, but the reason why gold is unethical is that it takes slave labor for them to produce it,  and all the petroleum and gas influence created to just extract it from the Earth.

And also, gold is relatively scarce but not a real scarcity ; nobody really knows how much gold lies beneath the earths crust, and I could guarantee you, if suddenly overnight it is declared that gold is now $1 million an ounce, there would be a lot of capital being poured in that would mine for and discover more gold. Even at current rates, I think they extract 3% more gold every single year.

What else?

So then, let us say that real wealth is not cold, then what is it? Fiat currency? Obviously not!

Fiat currency and war

So an observation I’ve made a few years ago is that even though I am anti-war in anti-military for the most part, unfortunately it is critical for America to have the biggest stick in order to continue the US dollar supremacy.

For example, America owes what like $35 or $350 trillion of debt or some insane number, two China and Russia and whatever, what prevents America from repaying it? Our military power!

And it is kind of pernicious; just go to the defense.gov website, and see how much money is being poured into Lockheed Martin, Boeing in these other defense contractors. It is really kind of bad because it is almost like a snake eating its own tail; America continues to raise her military and defense budget, and these defense contractors are getting rewarded and awarded even ever higher dollar amounts for stuff, even apparently Boeing tried to sell two jets for the president for $4.5 billion, once again taxpayer money.

As a consequence, the ordinary working person in America is being squeezed; if government defense spending is that high, just imagine how much this hurts the American taxpayer who works hard and saves diligently, only to have her hard earned money being poured into some sort of stupid luxury jet and government overspending? 

Avoid poison

Are there any more spaces for beauty on the internet?

One can even make the argument that modern day porn and pornography is positively ugly — plastic surgery, fake breast implants, lip and facial stuff, and these male porn stars injecting viagra directly into their penises illustrates this.

Live long and prosper

Who *doesn’t* want prosperity?

First funny thought:

Name one human being who does not want nor desire prosperity.

There is not a single sane person who does not desire prosperity for themselves, their family etc.

Retention, heat retention.

First funny simple thought:

Don’t let the heat escape!

Theory:

I wonder if 90% of the misery on the planet can simply be attributed to poor health, and heat loss?

For example homes .,, most modern homes (still) are terrible — heat loss in these facilities are horrific!

For example the winter months,,,, 99.9% of homes have poor insulation, poor weather resistance, poor heat retention facilities and faculties. Living in a warm weather place all year round like Southeast Asia I believe can get rid of 90% of misery amongst us human beings.

The lion

Hurl them to the ground!

They always desire obedience

Hold him down stronger

Kill a hundred cows

Made me a man again

.

Keep your wife, kid, family away from strange and bizarre people? They are troubled.

Warning signs

Don’t ,,, don’t do twice,,, double warning signs — once is enough.

2x cashmere!

The true pillar of beauty & glory!

Once is enough.

Simple binary to life —

I hate the ugly?

The will to delete, to deletion?

Shield your eyes, ears, presence!

Well oiled feet, sandals

.

Timeline went flipped twice

Timeline split number one

Totalitarian dystopian nightmare

.

Incompetence?

Collusion, news media

Direct interference

Censorship apparatus

Criminal liabilities

.

Censorship

Weaponization committee

$100M activist groups, NGO political

Non governmental organization political agenda , funded baby government

GO, governmental officials

Censorship

Violate first amendment rights

.

Pay to play

Obfuscate

I’m pro capitalism

You should know, disclose?

“This is a paid ad”***

Each cycle

Earned media?

50,000 people in MSNBC young followers

Steady slide down, off cliff 4 years

.

Kids don’t watch tv anymore!

.

1960 TV election

Handsomeness health, positive spirit and energy

The first Internet election?

2028, $0 internet ?

.

The truth is terrifying

People who only care for or about money?

Capital > Money

.

AI government

Alpha chimpanzee

.

Reality, Fake Reality?

.

Fine wool

The war on exceptionalism

90% discount from $1M a coin

$1B a day at a million a coin

Appreciate against the dollar forever

Long term capital asset, 4 years, 10 years forever

Think decade!

Don’t time the market

1650, manhattan buy every decade, don’t pay property taxes

BTC- USD

Most valuable thing 100 years on it

Rent?

.

40 city blocks of manhattan no buildings no rent associated in it, you can buy and hold it

Buy Alaska

Cyber manhattan

Not going to live there but park their capital there

Center of digital economy

Hold digital property ,

Generate share holder value

Drive the price up

.

Market Domination

Low tax, low regulation

Digital commodities. Allow people to innovate in USA

good for innovation

Crypto Assets

Regularity consensus , digital commodity

Cash create and redemption, slow approval of options

Bitcoin strategic reserve

Worlds reserve capital network

Bitcoin > Real estate > Stocks

Buy 20-25% of Bitcoin network, catalyze world reserve asset

Sell their other assets, money flows into the United States

Dump gold, trade is free! $5B

Demonetize gold asset class. Demonetize enemy assets, gold

$100T, control world network

.

60% ARR, 4 years , 60% ARR, to 21% ARR .

Extreme of down turn decreases

You can’t look backwards

Motorcycle vs bicycle physics, backwards

ETF, options market, MSTR, global markets

More gentle volatility

80% drawdown 66k to $16k, force liquidate ,,, no type of capital structures like that any more, equity markets

.

Rappers are dead. Rappers as the original blueprint of success and the American dream of husting,,, we bitcoiners we the new rock stars!

For example, everyone likes to talk about the rich guy, or the rich CEO or the rich owner or the rich investor whatever… Yet, they dismiss me in the flesh?

Or, everyone is always talking about how nice it is to have a super rich husband, yet never talk about me? 

I think it signifies that it has crossed the chasm, and that it is like 100% legitimate institutional grade investment.

I think the significance of bitcoin crossing $100,000 bitcoin is significant because there’s this mental barrier and block; once it has crossed it, it’s to &1 million, $10 million, and $100, million from here!

The goal is to lift more, but to simply test your courage more?

Become, becoming even more shameless? 

HYPER BEAST!

Beyond prepared

Ultra insanely prepared?

Bitcoin is “fuck you” money!

1. Fix the money supply: bitcoin
2. The ethos and the pention and the bias for investing; microstrategy stock, MSTR, and or bitcoin itself
3. Make fun of and laugh at their two bitcoin Porsche 911 GT 3 RS’s, or their unimpressive 4 bitcoin Ferraris?

100% Tariffs, don’t sell into US Economy?

Brazil Russia India China South Africa

The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER. We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy. They can go find another “sucker!” There is no chance that the BRICS will replace the U.S. Dollar in International Trade, and any Country that tries should wave goodbye to America.

BRICS

BRICS is an acronym for an economic and political alliance of five major emerging economies: Brazil, Russia, India, China, and South Africa. These countries aim to foster cooperation and dialogue across various fields, including trade, investment, finance, sustainable development, and geopolitical strategies.

Key Highlights of BRICS:

1. Formation and Evolution:

• The term “BRIC” was first coined in 2001 by economist Jim O’Neill to describe the growing importance of these economies.

• The formal grouping was established in 2009, with the first summit held in Russia.

• South Africa joined in 2010, changing the name to BRICS.

2. Economic Influence:

• BRICS countries collectively account for about 40% of the world’s population and 25% of global GDP.

• They play a crucial role in global trade, natural resources, and emerging market growth.

3. New Development Bank (NDB):

• Established in 2014 to finance infrastructure and sustainable development projects in BRICS and other emerging economies.

• Headquartered in Shanghai, China.

4. Strategic Goals:

• Reforming global governance institutions like the UN, IMF, and World Bank to better represent developing nations.

• Enhancing South-South cooperation.

• Promoting a multipolar world order, reducing reliance on Western-dominated systems.

5. Recent Developments:

• Discussions on expanding the BRICS membership to include other emerging economies.

• Promoting trade in local currencies to reduce dependence on the US dollar.

Challenges:

• Diverse Interests: The member states have differing political systems, economic models, and regional goals.

• Geopolitical Tensions: Rivalries like India-China disputes and international concerns about Russia complicate collaboration.

BRICS remains a significant platform for fostering alternative global power structures and collaboration among developing economies.

.

BRICS is an acronym representing an association of five major emerging national economies: Brazil, Russia, India, China, and South Africa. Initially coined as “BRIC” in 2001 by Goldman Sachs economist Jim O’Neill, the group expanded to include South Africa in 2010, thus becoming BRICS.

Formation and Objectives

• First Summit: The inaugural BRIC summit was held in Yekaterinburg, Russia, in 2009. The group aimed to enhance cooperation and discuss issues of mutual interest among emerging economies.

• Primary Goals:

• Economic Collaboration: Promote trade and investment among member countries.

• Financial Reform: Advocate for changes in global financial institutions to reflect the growing influence of emerging markets.

• Development Initiatives: Address common challenges like poverty reduction, sustainable development, and infrastructure development.

Key Initiatives

• New Development Bank (NDB): Established in 2014 and headquartered in Shanghai, China, the NDB finances infrastructure and sustainable development projects in BRICS and other emerging economies.

• Contingent Reserve Arrangement (CRA): Also launched in 2014, the CRA provides financial support to members facing short-term balance of payments pressures.

• BRICS Payment System: To reduce reliance on the Western financial system, BRICS countries have considered developing their own payment mechanisms.

Significance

• Global Influence: BRICS nations collectively account for about 42% of the world’s population, 23% of global GDP, and around 30% of the world’s land area.

• Economic Growth: These countries have been some of the fastest-growing major economies, contributing significantly to global economic growth.

• Multilateral Cooperation: BRICS serves as a platform for dialogue and cooperation on international issues such as climate change, terrorism, and trade.

Recent Developments (As of October 2023)

• Expansion Talks: Discussions have intensified about expanding BRICS membership. Countries like Argentina, Saudi Arabia, and Iran have shown interest in joining the group.

• Currency Initiatives: BRICS nations have explored the idea of trading in local currencies and even creating a common currency to reduce dependency on the U.S. dollar.

• Annual Summits: The most recent BRICS summit focused on enhancing cooperation in technology, healthcare, and sustainable development, while also addressing global geopolitical tensions.

• Digital Innovation: Initiatives have been launched to collaborate on digital technologies, including 5G networks and cybersecurity measures.

Challenges

• Diverse Interests: The member countries have different economic models and sometimes conflicting geopolitical interests, which can hinder unified decision-making.

• Global Economic Slowdown: Economic challenges, such as lower commodity prices and trade disputes, have impacted the growth trajectories of some BRICS nations.

• External Pressures: Sanctions on Russia and trade tensions involving China affect the group’s dynamics and external relations.

Future Outlook

BRICS continues to evolve as a significant entity in global affairs. The group’s focus on financial cooperation, sustainable development, and reforming international institutions positions it as a counterbalance to traditional Western-led economic structures. The potential expansion and new initiatives in technology and finance could enhance its influence in the coming years.

References:

• BRICS official communications and summit declarations.

• Reports from international financial institutions on emerging economies.

• News articles and analyses up to October 2023.

Now that Bitcoin has broken well above the $103k mark,,, it is definitely going to $100m!

BTC Yield of 63.3%— net benefit or 119,800 bitcoins to share holders (around 120,000 or 120k bitcoins)— most profitable, fastest growing company on Bitcoin standard

Treasury operations — $12.3 billion for the year so far!

Year to date, $MSTR treasury operations delivered a BTC Yield of 63.3%, a net benefit of ~119,800 BTC to our shareholders. At $103K per BTC, that equates to $12.3 billion for the year so far, making us the most profitable, fastest growing company on the #Bitcoin Standard. @saylor

God bless Michael Saylor, Donald Trump & Elon Musk!

@realDonaldTrump:

CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE WELCOME!!! Together, we will Make America Great Again!

Heating up!

The Blueprint for Prosperity

The flow of power

.

Debanked personally

Prosecuted charged

Threaten with charge

.

SEC trying to kill crypto startup investor

Subpoena

Wells notice ,,, you might be charged in the future

The eye of Sauron

.

ESG, ?

Dictate.

No accountability at all.!

The raw application of power

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Crypto in his job title,,,

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“Screen”

“Politically exposed person”?

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Good morning!!

Simple, put yourself your family and your squad on the bitcoin standard! The bitcoin protocol —

Governor of El Salvador?

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“Who can ban Bitcoin? Nobody? And who can prohibit the use of other electronic means of payment? Nobody. Because these are new technologies. And no matter what happens to the dollar, these tools will develop one way or another, because everyone will strive to reduce costs and increase reliability.” – Putin

Who can ban Bitcoin? Nobody? And who can prohibit the use of other electronic means of payment? Nobody. Because these are new technologies. And no matter what happens to the dollar, these tools will develop one way or another, because everyone will strive to reduce costs and increase reliability. – Vladimir Putin. Dec 4, 2024 VTB Investment Forum

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Reuters—

Russian President Vladimir Putin attends a plenary session of the VTB Investment Forum ‘Russia Calling’ in Moscow, Russia December 4, 2024

Semler Scientific has acquired 303 BTC for ~$29.3 million at ~$96,779 per #bitcoin and has generated BTC Yield of 54.7% QTD and 78.7% since adopting our BTC treasury strategy in May. As of 12/4/2024, we held 1,873 $BTC acquired for ~$147.1 million at ~$78,553 per bitcoin. $SMLR – @semlereric

Release

Fucking best party of all time!!!

How to Prosper

The magic and genius of Bitcoin and the open markets:

Fidelity— turning $320,000 into $842,000 with MSTR, MICROSTRATEGY in just 3 months??

Bitcoin, also.,, a total of at least 2x gains ($850,000 invested, $900,000 yield increase to total of around $1,900,000!!!)