ERIC KIM ₿ - ₿LOG

If you think about bitcoin like digital real estate, the way that people typically profit is they buy the property, sit on it for like 20 years and then sell it

With bitcoin certainly the cycle is much quicker; the 20 years, you could double your money in two years or less

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Limited time and life is a virtue

Time, times and value

If there were no scarcity of time there wouldnâ€™t be no value

The Ultimate value is time ï¿¼****

X

A pound of beef

8 pounds of beef if price is zero

Ordinal versus Cardinal values? ï¿¼

Sandbox living sandbox more fun

ï¿¼Demand schedule

Money is a timing thing

Demand curve

Unorthodox economics

Sovereignty of the consumer consumers King

Does the market have a stock market

Capital goods

Private owner vs government allocate

More freedom more choices is better

Allocate capital To those who use it most effectively ï¿¼ï¿¼

Societyâ€™s productive capital

Productive capital

Consumer or capital good?

Entrepreneurial not managerial

Anti-managers

How to best allocate your capital

Capital, capitalism is entrepreneurial not managerial

To me my definition of success is being self-employed a sole proprietor, paying your rent and living expenses. To me the opposite of success is working for somebody else

Profit versus loss

Income, expenditure

Expose your own wealth your own destiny ***

How to best allocate resources

How to thrive within capitalism

Just donâ€™t buy or waste your stuff on stupid stuff

Feedback

Being around other people is heaven? Killing two birds of one stone in the gym, being around other people but be tbt b b r also having the privilege of weightlifting

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What is the best car to live in LA? Probably a Prius
E July
Prius is the best LA car

Photography Ed in and concentration

The antidote to boredom is change

When in doubt donâ€™t do it!

Skinny as the future, ski

Counterculture

Or fitness more stretching more Recovery ï¿¼ ï¿¼ï¿¼

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Whatâ€™s your own preferences ,,, your scale of preferences? ï¿¼

I love Prius forever!

Nutritious food nutritious meals

The sound of female voices

Girls with pretty hair ï¿¼ï¿¼ï¿¼ï¿¼,,, cover up your private parts

Calculated flattery

Tall and pretty

Lucky three times over

Their flourishing new sprout ï¿¼ï¿¼ï¿¼ï¿¼ï¿¼

The sun is paradise!

ï¿¼no sun no life

No sun no paradise, sun sun energy ï¿¼

A home and a husband someone like-minded

Minds in Harmony ï¿¼

â€œFor nothing could be better than when two
live in one house, their minds in harmony,
husband and wife. Their enemies are jealous,
their friends delighted, and they have great honorâ€

Excerpt From
The Odyssey
Homer & Emily Wilson
https://books.apple.com/us/book/the-odyssey/id1215381921
This material may be protected by copyright.

Their enemies are jealous their friends delighted and they have great honor

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White armed nausiccaa

Brave and clever man

Zeus apportions happiness to people

How to be happy

Any act of kindness is a blessing

Make him look bigger and sturdier

Head and shoulders, pour attractiveness on him

His handsomeness was dazzling

Poor and unrefined now dazzling like a god?

Like a god that lives in heaven ï¿¼ï¿¼ï¿¼ï¿¼

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TESLA CAR SOFTWARE IS THE KILLER APP.

Always being updated over the air â€” autopilot

Your Body is the Most Sublime Instrument

Never Stop Stacking

form-8-k_12-23-2024 Download

News

MicroStrategy has acquired 5,262 BTC for ~$561 million at ~$106,662 per bitcoin and has achieved BTC Yield of 47.4% QTD and 73.7% YTD. As of 12/22/2024, we hodl 444,262 $BTC acquired for ~$27.7 billion at ~$62,257 per bitcoin. $MSTR

Joy & Happiness is the Goal!

The joy of being part of a community
Physical, physiological joy
Family joy
Artistic & aesthetic joy!
Ethics can also be joy?

All bodies are the same, some are just more fit than others.

Thereâ€™s no downside to attempting

Minimum Wage CAUSES Unemployment?

Single-Minded, 100% Focus is a Virtue

Is gafferâ€™s tape the best invention of all-time?

The Point of Life Isnâ€™t Pain Avoidance

Lean into the (good) pain!

Ordinal versus Cardinal values?

cardinal values: how many?

Ordinal values, which order?

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Cardinal values are numbers that indicate how many of something there are (e.g., 1, 2, 3). They answer the question â€œHow many?â€ and represent quantity.

Ordinal values are numbers that indicate position or order in a sequence (e.g., 1st, 2nd, 3rd). They answer the question â€œWhich in order?â€ and represent rank rather than quantity.

Orange is the color of motivation!

Capitalism is Freedom ï¿¼

So what a lot of these loser socialist Marxist donâ€™t understand is actuallyâ€¦ Ism is freedom capitalism is the path to freedom.

Coercion versus freedom ï¿¼

Only thing that you are â€œcoercedâ€ into paying for or doing as an American US citizen is paying taxes. Death and taxes; the only two certain things in life.

For myself, my personal thought is it is our duty to pay taxes. We cannot expect any benefits of being an American citizen without paying taxes, and dodging taxes etc.

In fact, I find people who dodged taxes to be a reprehensible bunch. Certainly there are certain ethical behaviors like being a self-employed sole proprietor, and to the best of your wisdom, in good faith, deducting stuff which are tax deductions from your annual tax report, the great upside is now with TurboTax, if you just link it with your credit cards and banking accounts, it does this seamlessly.

So certainly everyone has the rational behavior to the best of their knowledge to reduce taxes, in an ethical fashion. I think what is the only unethical thing is when you intentionally lie on your taxes.

Certainly immigrant mentality is to only use cash, to prevent any sort of debt to the US government. I think typically the immigrant mentality is that we suffered so much to get here, why should we pay a single dime to the US government, which have might also cause us direct or in direct harm?

For example, Vietnamese refugees etc.; I get it, America kind of directly or indirectly caused problems in Vietnam, chaos and war, death and famine, which caused a lot of Vietnamese people to willingly and also unwillingly flee to America for safety and a brighter future.

Anyways, I think the general idea I have is that what is the opposite of capitalism? Oppression tyranny, dictatorship, communism socialism, totalitarianism etc.

You have more choice than you think you got

After nomading around for over a decade, ï¿¼I think the big idea is that you have 1 trillion more options than you think you do.

For example, as a American US citizen, there is nobody holding a gun to your head forcing you to live wherever you do. You have the option of living elsewhere; in Thailand, Cambodia, Vietnam Laos, Mexico Mexico City etc., as long as you still pay taxes while you are abroad.

What people donâ€™t understand or know; you could live like a king abroad in Southeast Asia, for a fraction of the cost of living in the states.

My general thought is the only reason why anyone should ever ever ever live in America, is if you have a non-negotiable job which requires you to literally be planted geospatial occasionally in the states. But if you have the option, earning US dollars and living elsewhere is the obvious economic leverage. ï¿¼

Fear, uncertainty, being non experienced

So my general idea and thought is that actually, maybe it is not fear which is holding people back but actually, lack of exposure and experience.

So for example, for many individuals who have never really traveled far or been on an international flight or somewhere, it is not that they are necessarily afraid of going or living abroad is that they donâ€™t really have the knowledge the tools that accessibility, or maybe even very very practically and practically, they just literally have zero dollars in their checking or savings account to afford them a simple airfare, or time abroad.

Enter bitcoin. My very very simple strategy; if you live extremely frugally, while in the states, and just pour 90% of your income into bitcoin, or microstrategy stock, within four years, you should be able to retire.

Ways to access and gain more capital is simple; it is difficult to increase your income but it is very easy to reduce your expenses. Lose your car that you have a lease or a finance payment on, moving back with your parents, rent a room, split a room like college dorm style, unsubscribe from all of your subscription services. Stop buying anything, stop buying clothes, new clothes or old clothes, stop buying the new loser iPhone or iPhone Pro, essentially strip yourself down to the bare minimum, pure undiluted Spartan fashion.

Reduce reduce reduce reduce reduce

When in doubt reduce.

Reduction is sexy

Iâ€™ll give you some examples, what is the simplest way to become sexier? It is reducing your body fat percentage. Very very simply put that means abstaining from starches carbohydrates alcohol, dessert snacks whatever. It is very easy.

Also, lifestyle changes. Ditch your friends who like to smoke weed, drink alcohol go to the club, go to bars and pubs, etc. In fact one of the things Iâ€™m pretty proud of what I did was when I was in college, and I wanted to Maintain my six pack, I just stopped going to any sort of parties, because I knew that any sort of beer alcohol wine vodka whatever would cause me to accumulate and accrete body fat adipose tissue, and also, causes me to sleep poorly, does prevent preventing me from waking up early the next day to hit the gym before going to class.

Unethical behavior

This is my big idea; cutting people especially toxic people from your life, even if they are good people, whether friends family etc. is unethical. Why? Good old Christian duty says that we should always be loving kind respectful empathetic compassionate, and always help those in need.

Yet, there is no emphasis on putting yourself first, or making yourself an end into yourself.

For example, the ultimate virtue is self sacrifice for the sake of others in this abstract notion of â€œsocietyâ€œ, and â€œhumanityâ€œ. ï¿¼ I think this is a poor decision because first, it is too abstract and makes no sense. Who or what is â€œsocietyâ€œ? And who or what is â€œhumanityâ€?

A very very simple idea is first prioritize yourself your kids your spouse, your direct family members, your 100% blood and your best friends but besides that, just let everyone else do their thing. ï¿¼

No opinion

100% or 0%. ï¿¼

Iâ€™m becoming more mercurial in my approach. Iâ€™m either 100% committed, or 0% committed.

What that means is become less opinionated about people who are not in your immediately nuclear family. Avoid distant relatives, cousins uncles aunts, family members on both sides of the spectrum, even friends, distant friends close friends people in between etc.

Also contrary to popular thought, I am more for the nuclear family. Nuclear family means you your wife, your kids, your mom your sister etc.

You cannot have more than two best friends?

Best friends, one man one woman. Nobody else.

100% focus

So one big thing that Thich Nhat Hanh talks about a lot, is the notion of concentration and focus. The general idea is that mindfulness and meditation is just doing 100% focused one thing at a time.

For example, when youâ€™re walking just walk. When youâ€™re eating just to eat. When youâ€™re using the toilet keep your iPhone outside and just use the toilet. When youâ€™re with your kid just be with your kid, turn off your phone completely and just lock it in the glove compartment of your car.

Also one interesting thing that discovered about money and wealth is that once youâ€™re rich, thereâ€™s no longer a strong motivation or impetus to be a â€œproductiveâ€, because youâ€™re not chasing that thing no more. If anything, the benefit for being bitcoin rich is that you could just focus 100% of your time energy and focus, and presence with your kids!

The best present is your presence

To be a 100% present is the ultimate present. ï¿¼

A big thing is with my niece and nephew Amelia and Benjamin, I donâ€™t think Iâ€™ve ever given them a present in their lives. But what I do do is that whenever I visit them, once again and lock the phone in the glove compartment of your car, just play with them! Wrestle with them, run around with them, cause a ruckus.

What do kids really want? The love attention and time of their parents! The focus of their parents! ï¿¼

Modern day society is anti-kids?

Also a big random thought; my thought about modern day society is that modern-day society is actually anti-kids. My personal thought is 99% of the consumers industry is geared towards not having kids, because kids are not that profitable.

I would surmise that kids only make 1% of the consumerist industry. ï¿¼ï¿¼

As a consequence, there is no notions of saving. American people do not save money.

Is it possible to have a thriving economy which does not focus on saving?

So Iâ€™m reading the principles of economies, by Saifedean, the more I read it the more I love it! It is super super interesting and fascinating.

The first big idea the idea that I am pondering about is the question; is it possible to have a thriving economy that is actually centered on saving and capital accumulation? ï¿¼

The reason why this is such a big idea is typically, the traditional mainstream thought about economics is that saving is actually a bad thing, and that in order to â€œstimulateâ€ the economy, you gotta get people to spend more money!

For example during Covid, when everyone got the thousand dollar free stimulus checks, do people use it to pay off their debt, their credit card debt, pay rent, buy bitcoin, or did they use that money to buy some stupid rims for their cars, or buy another ugly Louis Vuitton handbag? Everybody spent it!

Now why is this such a bad thing? Because once again, giving people free money to stimulate an economy is that effective, in fact it is destructive!

My only critique about Donald Trump is when he gave away the free money, bad compromise.

What if you already have the best, the access to the best?

A random aside; we often bemoan how we donâ€™t have access to the best, and we are always driving for some sort of better optimization. But what if actually currently right now, you had the best most supreme most desirable situation, wouldnâ€™t that insight and knowledge be great? ï¿¼ï¿¼

Fake desires

And then a big thing is that I wonder if actually, one of the critical problems that we currently face is that we are being suckered by a lot of these fake desires.

What is a fake desire? Is when you smoke marijuana drink beer watch professional sports on television, and then you watch some sort of loser Range Rover advertisement. And then you kind of start to want to have the Range Rover because you have been exposed to it so many times?

The first simple thought is stop watching any sort of television sports, everyone is on steroids, Steph Curry, LeBron, your favorite basketball player is on steroids. Certainly on football.

Invest in things which are not dependent on advertising like bitcoin.

ï¿¼Power is beautiful

What is the ultimate beauty? Power!

To make yourself more beautiful, make yourself more powerful?

The Case for Microstrategy ï¿¼(MSTR)

I think micro strategy as a company, is actually currently extremely undervalued. Why? There might be like $450 trillion of dead capital, just floating around in thin air, sterile capital.

What microstrategy is like the metaphorical steroids for impotent capital.

For example you take all this impotent capital, and then you inject steroids into it. Four better yet, you upcycle it, you turbocharge it. ï¿¼

Revitilizing capital markets

Vitality reality, this is actually what we seek.

So for example, when it comes to men and women, in terms of sexual attractiveness or desirableness is fitness, virility vitality. ï¿¼

It donâ€™t really matter how old or young somebody is, physiology is more of a physiological phenomenon. ï¿¼

For example, at the age of 36 I feel like I have more testosterone reality I did then when I was 26, nearly a decade ago. Why? I switched up my exercise ethos towards one rep max power lifting hype lifting, intermittent fasting, 100% carnivore diet, more time in the sun etc.

Actually this is a big thing about moving to LA which I am very very grateful for, I spent like 90% more time in the sun! For me the greatest tragedy is that when you do not have the privilege of being in the sun because youâ€™re either stuck in some sort of Miserable office building, or, being stuck in a car.

Back to MSTR

what else love by Michael Saylor, micro strategies; I donâ€™t recall the last time there was some sort of zealous passion or love of something or a company as much as Michael Saylor and Michael strategy then when Steve Jobs was still alive!

I think that Michael Saylor is like Elon Musk on steroids. ï¿¼

The case for Michael Saylor is that first, he is very very relatable . He has been on like hundreds of interviews and podcast with normal people, and I feel like Iâ€™ve already got a PhD in economic theory and history of signs from him. Heâ€™s like the only professor entrepreneur worth listening to.

ï¿¼second, he kind of like the underdog. Micro strategy was essentially like dying a slow death, and Michael Saylor did an amazing job of revitalizing his dying company, by taking a huge risk. Even Michael Saylor says that the system is rigged against you, which is something that people want to hear.

Third, consistency transparency and focusing on the cyber economy. I love Elon Musk and Tesla, but once again, too many risk factors. And now that Elon Musk is becoming more divisive in terms of his political aims, Iâ€™ve even heard a story about my friendâ€™s coworker selling his Tesla model three simply because he did not like the politics of Elon Musk.

Bitcoin is great because for the most part it is apolitical. It is certainly aided by the benefit of politics, for example if Donald Trump passes the bitcoin act, this will be very very good for the value of bitcoin, but still bitcoin can exist without a centralized government state.

Think four years ahead

The funny thing with stocks, investing companies is that people want super super huge and monster returns, in a very very short time span. That is fine, but as investors we should be thinking at least four years ahead?

Also look at the track record, it is pretty amazing that micro strategy has grown 650% in a single year, look at the yearly and four year performance records, not the daily or week or month level.

levered long

Once again if you could cycle all this dead capital, micro strategy then becomes really fascinating because it is like the ultimate reactor the ultimate nuclear reactor, the ultimate up cycling engine turbo charger.

Essentially if you took $450 trillion of sterile capital and actually revitalize it, wouldnâ€™t this make micro strategy like worth 1000 trillion dollars?

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GOALS?

Competition?

Better media?

Money can exist without the state!

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Tougher?

I prefer concepts?

Sell the dream!

Sell the vision the future!

How to protect your time and life

PERFECTION.

Goosebumps

Unprecedented attention

How to attract attention to yourself?

California gold

Only accepts minimalism to further reduce weight

BATMAN AESTHETICS?

Rugged is beautiful

Foolish tenacity is a virtue

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The state doesnâ€™t invent money but rather follows it?
Increase the value when weâ€™re on earth?

Coincidence of wants

Larger scope of trade

Widening the market

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Hold its value across space

More potential trading opportunities

Money allows for sophisticated calculation

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Use your time more wisely?

AVOID, DODGE

Lower human time preference

Providing for the future

Hedging against uncertainty

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Money is the least uncertain asset

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Access to money

How much money is enough money?

Purchasing power

Maximum exchange work

Height of its purchasing power

Hold a definite amount of purchasing power

Bitcoin as condensed power?

Falling cost of goods and prices for production

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Larger capital stock

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Reduce consumption –> path to abundance?

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That her to strike fear than love?

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Capitalism is freedom ï¿¼

Means of production

Starvation or freezing to death

Billing versus Corion?

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The open free market is just more efficient?

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Provide value for others

No Central direction ï¿¼ï¿¼

Monetary price a single denominator, very very simplifying

ï¿¼Satisfy the desires of others?

Sterrato, how for you to become the hurucan sterrato

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Stainless steel body?

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UpCycle the capital markets

# The case for microstrategy ï¿¼(MSTR)

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Direct exchange, peer to peer, p2p

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Stop complaining

In some ways I feel like getting paid a salary is like getting paid a handout.

For anybody who has ever had to be or become self-employed, like directly selling your services or products to the open market, you all personally know how difficult it is to earn money trust etc.

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Create your own services? ï¿¼

Become more self-serving

Donâ€™t Get Stuck in the Same Protocols

Also with exercise weightlifting etc.â€¦ If you think about it broadly, to follow a certain school of training or weightlifting is also a protocol.

Change up and switch up your protocols!ï¿¼

Think protocols

Create your own city create your own empire

When is America good when is America bad?

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Expand your search expand your possibilities

Build it yourself?

Self vs Societal Leverage?

INCREASING Home Prices is a sign of a faltering economy?

Things which last forever?

Your body lasts forever?

Be/Becoming More Reckless

Being reckless is a virtue

I hate driving/being stuck in a car?

Wimpy or Impressive?

Fake vs Real Passions?

Why is Batman black?

What would a knight do?

The â€œdarkâ€ knight â€”

Strike fear?

Stealth & intimidation â€”.

Symbolism of fear?

Batman is portrayed wearing black (or very dark gray) primarily for thematic and practical reasons related to his character and role:

1. Stealth and Practicality:

Batman operates mostly at night, and his dark costume helps him blend into the shadows, making him nearly invisible to enemies. The black color symbolizes his role as a stealthy protector of Gotham.

2. Symbolism of Fear:

Batman uses fear as a weapon against criminals, and the black costume reflects this intention. It adds to his intimidating presence, making him seem more like a shadowy figure or a creature of the night.

3. Contrast with Other Heroes:

Many superheroes wear bright and vibrant costumes to symbolize hope or optimism. Batmanâ€™s black costume distinguishes him as a darker, more brooding character who operates outside traditional heroic norms.

4. Artistic and Aesthetic Choices:

Black is visually striking in comics and films, giving Batman a sleek, mysterious, and dramatic appearance. Artists and filmmakers use shadows and lighting to create dynamic imagery, which works well with his dark costume.

5. Psychological Themes:

Batmanâ€™s dark costume reflects his internal struggles and the traumatic past that fuels his mission. It underscores the seriousness of his character and his darker approach to justice compared to other superheroes.

These elements combine to make the black costume a perfect match for Batmanâ€™s role as the â€œDark Knight.â€

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Batman is often depicted wearing a predominantly black (or very dark gray) costume for several reasons:

1. Stealth and Intimidation

Batmanâ€™s core strategy is to strike fear into criminals by lurking in the shadows. Dark colors allow him to blend into the night and surprise wrongdoers, making black (or near-black shades) a logical choice.

2. Symbolism

As the â€œDark Knight,â€ Batman represents a darker, grittier approach to fighting crimeâ€”one that plays on the idea of turning fear back on those who prey on the innocent. His dark costume visually reinforces the weighty, often somber tone of his mission in Gotham City.

3. Visual Consistency

Creators and artists across comics, TV shows, and films often emphasize Batmanâ€™s mysterious aura. When storylines and creative teams change, the black or dark color scheme remains an instantly recognizable part of his character design.

4. Contrast With Other Heroes

In the DC Universe, many classic heroes (like Superman or The Flash) favor bright, bold costumes. Batmanâ€™s darker look serves as a stark contrast, highlighting his more serious and brooding nature compared to other, more upbeat crimefighters.

Put simply, black (or near-black) suits Batmanâ€™s role as a creature of the night: it complements his methods, underscores his dark origins, and makes for an iconic and memorable look.

Just cut it, cut it off, cut it up!