• BECOME ERIC KIM

    It’s not possible to literally become someone else, such as Eric Kim. However, if you admire Eric Kim for his work—he’s a well-known street photographer and educator—and you’d like to follow a similar path or adopt some of his approaches, you can take certain steps that align with his style, philosophy, and career trajectory. Here are some suggestions on how to learn from Eric Kim’s example and incorporate his methods into your own development:

    1. Study His Work and Philosophy:

    • Visit His Blog and Website: Eric Kim’s website (erickimphotography.com) is a treasure trove of articles, essays, tips, and philosophical musings on street photography. Regularly reading his blog posts will help you understand his approach to photography, the way he thinks about creativity, and how he views the world.

    • Read His Books and Guides: Kim has published free e-books and numerous guides focused on topics such as composition, shooting techniques, overcoming fear in street photography, and developing a personal style. These resources can deepen your understanding of his method.

    • Follow His Social Channels: Studying his Instagram or YouTube content allows you to see his day-to-day photographic style, learn from behind-the-scenes insights, and grasp his attitudes toward art and life.

    2. Adopt His Core Principles:

    Eric Kim often emphasizes simplicity, authenticity, and interacting genuinely with your environment. To channel that spirit:

    • Embrace Minimalism in Gear: Kim often advocates for not worrying too much about technical perfection or expensive gear. Use a single camera and lens combo, and spend more time shooting than obsessing over equipment.

    • Focus on Human Connection: Instead of relying on distant, candid shots, consider interacting with your subjects. Smile, talk to them, and create a comfortable environment that leads to more authentic portraits and moments.

    • Be Fearless and Curious: Overcome the fear of photographing strangers by recognizing that street photography is about storytelling and documentation. Practice regularly and challenge yourself to get closer to people and scenes.

    3. Develop Your Own Visual Voice:

    While you can learn from Kim’s techniques, his ultimate message often encourages photographers to discover their own unique approach. After you’ve tried his methods, experiment and adapt what resonates to find your voice. Ask yourself: What appeals to me about his style? Is it the boldness, the personal interaction, the compositional clarity? Identify those elements and reshape them into something personal to you.

    4. Engage in Community and Workshops:

    Eric Kim often hosts workshops and participates in photography communities. If possible:

    • Attend a Workshop or Online Course: Joining a workshop, whether hosted by Kim or other street photographers influenced by him, can offer hands-on learning, feedback, and mentorship.

    • Join Photography Groups: Interacting with other street photographers online or in local meetups encourages you to share work, get critiques, and stay inspired—something Kim often promotes.

    5. Cultivate a Thoughtful, Reflective Practice:

    Kim’s writing and philosophy often encourage photographers to think deeply about why they photograph and what they hope to express. Emulate this reflective approach:

    • Keep a Photography Journal: Write about your fears, your successes, and what you learn with each outing.

    • Integrate Philosophy and Art into Your Photography: Explore writings not just by Kim, but by philosophers, artists, and other creative minds he references. This broadens your perspective and shapes a more meaningful photographic practice.

    In Summary:

    You can’t “become” Eric Kim, but you can learn from him. Study his materials, practice his techniques, adopt his philosophies, and then synthesize those insights into your own distinctive style. Over time, you’ll become a photographer who’s inspired by Eric Kim’s approach but is ultimately true to your own unique vision.

  • HOW TO BECOME ERIC KIM

    If you’re asking how to “become Eric Kim,” it depends on what you mean by “Eric Kim.” Eric Kim is a common name and may refer to various individuals, including photographers, entrepreneurs, academics, or everyday people. Here’s a general guide depending on your context:

    1. Eric Kim the Street Photographer

    • Study photography: Learn the basics of street photography, camera techniques, and editing.

    • Develop a minimalist style: Eric Kim’s photography is often characterized by simple, striking compositions.

    • Read his resources: Eric Kim offers free educational resources, books, and workshops on his blog.

    • Engage in the photography community: Participate in workshops, exhibitions, and online forums.

    • Focus on philosophy: Eric Kim integrates philosophy, such as stoicism and existentialism, into his photography and writing.

    2. Eric Kim in Another Field

    • Identify your field: Determine the area where “Eric Kim” has made an impact (e.g., business, science, art).

    • Study their path: Research their career, education, and accomplishments.

    • Develop relevant skills: Build expertise in the field they excel in.

    • Embrace personal branding: If the Eric Kim you’re referring to has a strong personal brand, study their branding methods.

    3. Metaphorically Becoming ‘Eric Kim’

    • Define your goals: What about Eric Kim inspires you? Is it their creativity, career, or mindset?

    • Emulate their qualities: Adopt the habits, values, and strategies that define their success.

    • Stay authentic: Even if you admire someone, stay true to your unique identity while learning from them.

    If you’re referring to a specific “Eric Kim,” please provide more details!

  • The More Bitcoin You Own, the Happier You Shall Become!

    Wealth and capital as a positive asset rather than a liability?

    Theory

    Each bitcoin as solidified happiness — the more bitcoins you own, the more positively happy you become?

  • The colors of optimism

    All shiny gold everything?
    Stealth, urban camouflage?

  • What is a Bitcoin?

    Performance fabrics or performance human?

    Over perform

    Premises which make sense, premises which dont make sense anymore?

    Growing or dying fields?

    When looser is better

    .

    What is “reality”?

  • What is “Reality”?

    So random thought on my mind; what is “reality” why does it matter etc.?

    First, obviously reality comes back to embodied reality. That is like literally being on your own legs, walking around town, saying hello to people, smiling and waving etc.

    Now what are the most pernicious things about modern day life? Essentially we are like plugged in some sort of metaphorical matrix, in our everyday lives and lived realities, we are like living on rails.

    For example, most of us follow the same cycle. Sleep wake up shower, drink coffee head to work, Brianne, go home only to self medicate and vegetate to Netflix or some sort of movie or streaming thing.

    Now the big problem is, now that essentially, I haven’t really watched me or television, besides maybe John Wick for the last 15 years or so, is that now that I’m finally free and detach from all this nonsense, I’m starting to realize how troubling, grotesque, and disturbing a lot of this media is.

    I think the big issue issue here is desensitization. Our everyday lived realities are so uninterest or boring or sad or whatever, and we seek some sort of extreme fake stimuli to keep us motivated?

    I’ll give you a real example; money wealth and riches.

    For example, all randomly on IMDb watching the squid game 2 preview, and now… That we got bitcoin, and also micro strategy, the whole premise of squid game no longer makes sense, about prize money. Because now that we have bitcoin, you don’t need some sort of fake magical prize money ticket lottery thing. You got bitcoin which is more or less the risk free return, at least 60 to 120% for the next four years! It’s pretty obvious. And I would actually rate that micro strategy is poised to even out performed bitcoin by maybe 2X, we might see a micro strategy have an annual rate of return of 120 to 240% a year, for the next four years.

    That means if you have about $600,000 of micro strategy stock, you could easily see that balloon to $1.4M in a year, to $3.2M, to $6.4M to maybe $12.2M by the end of the Trump presidency.

    Or let us say that you have about $2 million worth of bitcoin, assuming that bitcoin under the Trump administration might go up 120% for the next 4 years,  similarly speaking, you will see some monster returns!

    Double your money and make it stack!

    Sox assuming that, ERIC Trump, the son of Donald Trump is committed to making bitcoin at least $1 million a coin, then what that means is I think we can expect that within four years, I think we’re looking at at least 10 X in the next four years.

    So for example, if you have $1 million invested in bitcoin today, by the end of four years you’re going to see that 10 X to $10 million. Pretty cool. Or if you have $2 million invested in bitcoin, you’re going to see that balloon to $20 million.

     anyways, bitcoin aside, I been thinking about the future, investing in growing industry seems like a good bet. And what that then means is the opposite of not investing the stuff which are not going to grow.

    Is the field of photography a dying field?

    So some troubling thoughts; I look at photography, the world of photography and ultimately photography is my number one prime joy and concern. And now that I am financially independent like 1 trillion times over, and I really don’t have to worry about money ever again, I suppose I’m more interested in higher matters.

    So when I look at photography, the whole photo industry, it feels like the whole industry is dead without me.

    Look at all the cameras, they all suck they’re all lame. Even the best innovation as of late, mix S9, with the 26 mm f8 pancake lens is slept on, nobody knows about it rather than myself, and also nobody owns it besides myself. Everyone else has some sort of loser cannon, or even worse Sony camera.

    Apple?

    So apple is in a really bad position right now, like I just use that image playground AI thing, and it is so lame and bad.

    If Steve Jobs were alive today, he would have thrown it into the furnace twice over.

    I think the biggest issue here is that the issue of “app creep”– now that Jony Ive has left the company, and no more innovators or visionaries are there anymore, it is becoming like a weird mismatch or sludge of poor innovation ideas.

    It’s essentially you have like a bunch of dudes, who might have worked in Microsoft or Dell or something, seeking to “improve “Apple products simply by making the processing power stronger. But this is not what we want, we want radical innovation!

    But I wonder if Apple has become too big and fat, she no longer has a need to invade because she’s already on top, and everybody else is already trapped within her ecosystem, only to upgrade their iPhones until the end of time?

    The disruptor

    The disruptors dilemma;  once you’re on top, I suppose the critical primary difficult issue here is once you’re rich fat, comfortable on top, in your yacht, partying with your burger babes, how can you continue to innovate disrupt etc.?

    So for example, I think Apple has been trying hard to disrupt herself, without much fanfare or acclaim. Why? They need something radically new carte blanche, something that no longer is in the DNA or the soul of Apple.

    For example, Apple is trying to over diversify interfield that she is not very very good at. For example, AI, image generation, and virtual reality.

    If Apple was smart she should just refocus. Cut and axe the whole virtual reality Vision Pro department, and refocus and recapitalize on iOS as well as the iPhone. Take all the smart engineers who are working on the vision pro, and have them make the iPhone great again. Because the truth of the matter is nobody wants to put any device on top of their head, it is bulky cumbersome, and everybody hates it. Even if in theory, a Vision Pro literally would weigh nothing, nobody ever wants to put something on top of their head. I think it’s just human nature, just look at any kid or child, the universally hate putting on hats beanies, or things would cover their faces. Pupil would prefer to just pull out a phone.

    Think miniaturization

    So what is an interesting thought is that actually, my opinion about the AirPods pros has changed a bit; it’s like an insanely Uber Uber Uber smart phone or iPhone that you could just plug into your ear.

    For example I was just listening to a new Michael Saylor podcast, at the house,  and one of the great things was while making my morning coffee, and shuttling back-and-forth going to the bathroom etc., and cleaning stuff, I was able to listen to the interview uninterrupted, without any hands.

    I would actually say maybe a big focusing direction for Apple should be to focus on the AirPods division. Like trying to figure out new innovative ways that technology can be embedded in the AirPods, in general etc., which can make life better?

    Dematerialization

    Another big thought is what I find so infinitely fasting about bitcoin is that it is real, it exists, it is the ultimate new form of property. Yet you cannot hold it in your hands, you cannot see it in the flesh. It weighs nothing.

    Cindy says something funny; I have never seen a bitcoin in real life, with my own eyes, how do I know it is real and that it exists?

    A similar sentiment should be about the Internet the cloud, your bank account your checking balance; you have probably never seen it in real life, how do you know it really exists?

    Same thing!

    Things can be real without you actually seeing it

    For example, many of us are chasing wealth and fame, yet all you see is maybe butts on the Internet and social media following you. How do you know any of it is real?

    What’s real?

    So to be a little more specific, I think we need to break down the notion of real the term of real.

    For example, when we talk about things which are real reality etc., are we talking about physical? Like something that has weight substance, in space in time? Like a brick of gold?

    Or do we mean to say legitimate? 

    Physicality vs legitimacy 

    I think I see the big issue here is once again, maybe it’s a legitimacy issue. The reason why people do not think bitcoin is real and the traditional sense is that people do not value it for its legitimacy. Still even in 2024, incoming 2025 people are still talking about how it seems like a Ponzi scheme? Pretty backwards.

    The reason why, is as long as you have mainstream media still talking about ridiculous notions of Ponzi scheme, it’s going to trigger a reaction into people, discouraging them from entering the asset class which is bitcoin.

    But who knows maybe this is a good thing because it gives us a little bit more buffer time to accumulate more bitcoins while we can, when it is still at a discount.

    Michael sailor actually made the interesting point maybe a year or two ago is that bitcoin was trading at around $35,000 a bitcoin or so, the general idea is that it is actually not desirable to have bitcoin magically become $100 million overnight because then if that were the case, we would lose our opportunity to purchase more of it when it was low!

    Your margin is my opportunity

    And I think this is where it is wise to be opportunistic, and wisely greedy.

    Whenever everybody is uncertain, shaking in their boots, it is wise to get aggressive, greedy in an intelligent way.

    The patient investor

    So my personal thought is as investors, we should only think of a time span for the next four years minimum. Ideally 10 years 20 years 30 years 40 years 50 years or 300 years.

    How does one thing 300 years ahead? Simple, think about your kids kids kids. Like your son having a son having a son having a son.

    And also, whenever I look at healthy fit successful men in their 60s and 70s and even 80s… I have a ray of hope. It’s like me, maybe gray hair, the silver wolf, Budweiser stronger more intelligent more sexy?

    I’m the giga chad!

    There’s a funny meme going around about the GigaChad, it’s like somebody who is like the most masculine guy of all time times a 1000.

    The vision is essentially a man, with a very very slim waist, with an insanely jacked demigod upper body lower body, and jacked chiseled face.

    Obviously the Russian bodybuilder is not a good model because he’s probably taking all the steroids on the planet. Yet this is obviously possible without steroids;

    Intermittent fasting no breakfast no lunch, just a 100% carnivore dinner, try to have 4 to 5 pounds of beef meat, lamb, ground beef, 8020, beef ribs, beef liver organ meats etc. 

    Financial independence, retire early

    So this is a big thought; retire early.

    How to 10x your income 

    So this is a big; if I could guarantee you right now that you could instantly turn your income, wouldn’t you do it? Of course!

    So it seems that the first easy strategy is to simply think of your income like 10 X.

    For example, if you’re being paid like $20 an hour, assuming that you’re on the bitcoin standard, you’re essentially being paid like $200 an hour!

    How to save money

    Then the calculus becomes interesting; your impetus to saving money becomes predicated on the fact that anything you buy today, could cost you 10 X in four years.

    For example that 50 bucks you drop on that thing, will be worth 500 bucks. Or that hundred dollars you put on that thing, will be worth $1000. Or even worse, that thousand dollar thing that thousand dollar iPhone will cost you $10,000 within 4 years!

    Accretive or dilutive? 

    So then this becomes the big idea; think accretive vs dilutive.

    The smart strategy and goal is to become a creative not dilutive.

    Gas

    I will scream this until I get hoarse; think of gas, never ever ever own or drive or acquire a vehicle which requires premium gas.

    It’s almost like voluntarily putting a leech on yourself or your healthy child, or bleeding your child to death.

    For example if I could tell you that you can voluntarily take your healthy firstborn son, and bleed a pint of blood out of him every single day, would you do it? Of course not!

    If we think about money in capital like economic blood, think the same thing.

    You want to be accretive not dilutive.

    What is accretive?

    I have a funny theory, is that if you want to become the GigaChad the ultimate investor or whatever, you must make your body like a demigod.

    So a very simple thought is a very very simple thing that could be accretive is muscle. 

    For example, you lift heavy stuff, you lift heavy weights, in the evening you eat 5 to 6 pounds of beef, obviously you’re going to accrete muscle, skeletal muscle mass. 

    And once again, 100% carnivore diet here, all meat no filler.

    You do not need carbs

    A lot of pseudo-scientific fitness people think that you need to consume sugar carbohydrates to accrete muscle.  this is all built upon a platform of flimsy knowledge, written mostly by people who are on steroids.

    I have proven, and I am a very normal human being, that at around a body weight of maybe 160 pounds, a human being can lift 1000 pounds, while fasted, while not consuming any protein powder, steroids or whatever, can do it. And obviously I’ve built a lot of muscle mass, simply by following 100% carnivore died, all meat no carbs no sugars no starches.

    I almost wonder if meat is like bitcoin. All killer no filler.


  • Ignore to Innovate

    Ignore or don’t do anything that other people are doing; so for example in car design, the less known automobile producers are trying to make their vehicles look like a more prestigious brand. For example, everyone is trying to make their car look like a Mercedes Range Rover or maybe a BMW.

    But the intelligence strategy is to forsake this, to rather instead, to think first principles, and then, maybe the intelligent strategy is actually, to force herself to not be influenced by others other designs other people etc.

    Certainly there is a virtue for learning from the best and imitating the best. Perhaps also for true radical innovation, you most need to be blind or autistic to others. 

  • Capital accumulation

    .

    Saving

    Saving is the mother of capital

    Time preference is positive

    Labor nature and time stored up –> capital

    Productivity in capital 

    ,

    Ignore for Innovation

    Ignore or don’t do anything that other people are doing; so for example in car design, the less known automobile producers are trying to make their vehicles look like a more prestigious brand. For example, everyone is trying to make their car look like a Mercedes Range Rover or maybe a BMW.

    But the intelligence strategy is to forsake this, to rather instead, to think first principles, and then, maybe the intelligent strategy is actually, to force herself to not be influenced by others other designs other people etc.

    Certainly there is a virtue for learning from the best and imitating the best. Perhaps also for true radical innovation, you most need to be blind or autistic to others. 

    .

    Capital, capital Innovation is a technology ?

    Think of poverty as the lack of capital, capital Tools capital Technology

    .

    Becoming more efficient, living more efficiently

    Without a kitchen every single meal is expensive

    Interesting… Thinking of a kitchen like a technology good and invention in innovation, which makes consuming food cheaper?

    .

    Entertainment

    How to perform, performance? Putting on a performance?

    Becoming more entertaining in real life?

    .

    Lower their time preference

    Destroying capital is very easy

    Gas gasoline money is also capital

    Risk & certainty.

    Bitcoin is certainly 100% going to go out, therefore it is not risky or uncertain. 

    .

    How to become a capitalist

    Bitcoin capitalist

    Outputs

    .

    The loss of capital?

    Serve people to maintain my capital

    Owning capital is a liability and privilege , responsibility

    Don’t just borrow your bitcoin and go to sleep forever

    .

    Economics as human action?

    Think savings

    .

    Over training

    Super training

    How to become a capitalist

    Think utility

    Utility training

    ,

    Capital Training

    An interesting analogy if you think about weightlifting versus capital finances etc.; the idea of delaying or Epstein from certain practices with the future in general?

    For example, let us say that you love to eat cake, and it is your passion to eat cake. Your whole life is about cake. Yet you do not like being fat, you don’t like having a cake belly, yet you do not want to stop eating cake.

     let us say you want a six pack,

  • Capital Training

    An interesting analogy if you think about weightlifting versus capital finances etc.; the idea of delaying or Epstein from certain practices with the future in general?

    For example, let us say that you love to eat cake, and it is your passion to eat cake. Your whole life is about cake. Yet you do not like being fat, you don’t like having a cake belly, yet you do not want to stop eating cake.

    “We must labor to be beautiful.”

    Let us say you want a six pack, 5% body fat, and you want glorious muscles. In order to achieve 5% body fat and a six pack, it is a paradigm shift.  One does not simply forgo consuming cakes for a short period of time, get the six pack, and then get back on the cake eating approach and lose your six pack. No. You want to maintain your six pack forever and forever grow your 6 pack.

    I think a foolish approach that a lot of people then take is that you delay present consumption to save up money to buy the Lamborghini, but once you’ve bought the Lamborghini, you’ve lost all of your capital. It’s almost like proper exercise, abstaining from sugars and starches for a long period of time, only to regain your beer belly?

    What’s the point or end game?

    The question is, like asking a power lifter, what is the point of you trying to increase your one rep Max indefinitely? The answer is simple; because we like it! Because it is fun!

  • Human action

    Capital accumulation

    I don’t like it because it doesn’t taste good

    Savings, as capital generation

    Human agency

    How to steel your nerves

    What is Poverty?

  • What is Poverty?

    Inability to conserve and then grow capital?

  • Bragging Rights

    Ultimately will be performance based, *NOT* aesthetics?

    For example at the gym, ultimately he who can lift the most has by far the most dominance! Even though the weight lifter with a larger physique may seem more impressive?

  • Performance is Better.

    Perfect proportions?

    Engineered different

    An electric Tesla sports car, race car, hypercar will *ALWAYS* outperform a gas or hybrid based thing,,, because it’s just engineered different, bottom up?

  • Morose.

    Strange —

    Why would you willingfully expose yourself to strange, bizarre , morose media?

  • The Newest is Best?

    The newest design is the best design?

    Redesigned from the bottom-up!

    BITCOIN!

  • Legitimating

    Auspicious

    .

    Risk free rate

    4.8% SULFUR

    3.2% after taxes

    Risk free rate

    60% a year

    .

    29% tax deferred gain over 21 years ,,, after tax, risk adjusted

    60% ARR, kind of dilutive and distracting

    Just buy Bitcoin and hold it!

    *

    Best ideas built on Bitcoin!

    I want Better than 29%, can you get 15 year loan for 6%, invest

    Long term debt!

    20:1 lever in volatility stupid leverage

    .

    Smart leverage

    Sophisticated ideas

    Leverage

    Equity

    .

    Mortgage your house! Borrow 2.7% in 30 years … most intelligent thing you could have done!

    Sell bitcoin to pay off 3% mortgage?

    .

    Debt inflated away

    .

    20% levered

    $200,000

    .

    Borrow 1% interest , 200k for 5-10 years not bad ideas

    The cost to debt is free

    .

    Sources of cheap debt cheap interest rates cheap capital

    1 page 8k

    Get through 2 paragraphs

    20 pages of investment filings

    .

    Bitcoin cold storage 30 years go to sleep

    Investor , public company investor ..

    More risk do it because you expect more reward! ***

    .

    Your job — invest in public companies

    Illegal to buy the Bitcoin! ***->

    .

    Run a hedge fund!

    Unlikely your company grow over 60% year, 29% over 21 years possible

    Built on a capital market of Bitcoin

    BTC Bitcoin for photographers

    Swamp water, pump mud

    .

    Miniaturization

    Positively polarized to capital

    Slurp all the capital!

    100x your company

    .

    1000x opportunity! ***

    .

    Soon, just necessary…

    .

    Next 4 years is an extraordinary opportunity!

    .

    4 year window

    Offer a hedge ***

    .

    Strategic advantage

    .

    Repulsive or attractive?

    Attractive or repulsive to capital.?

    .

    Attract, attractive

    Increases !

    Attractive vs Repulsive ***

    .

    Repulsive or attractive to capital

    Burn coal in stove or wood in stove or nuclear reactor?

    It’s just better technology!

    Crypto reactor bitcoin as fuel or wood burning stove, stinks up the house choking fumes

    Chop down the village with wood burning stoves?

    .

    Change over time?

    .

    More optionality, more volatility?

    How to increase volatility?

    Engineer, engineered different —

    .

    65 year old conductors not Led Zeppelin electric guitar, 16 year olds

    .

    Growing or dying?

    .

  • Don’t Interrupt Me!

    Fucking mid podcast advertising!

  • Libertarians , deontic libertarianism?

    Spartan Libertarian?

    Autarkes: self sufficiency suffice.

    What is sufficient, suffice?

    Predatory?

    Lawyer for legal disputes

    Capital good — can create value!

    .

    Increase of capital productivity

    How to Live With Bitcoin

    .

    Phantom

    Splendid Sparta

    Fixed intention

    His own high roof

    Independent thinking

    Auto thinking

    Self sufficient, thinking

    .

    Sights to even please a god

    Mercurial, volatile ***

    Volatile people are good?

    Human town, gods get fine sacrifices

    The most unhappy man alive

    The gods who live at ease

    Set him free from time and death forever

    I have insanely high human IQ?

    I’m the ultimate social disruptor?

    I’ve won all the human accolades, physical, wealth, entrepreneurial, fame, artistic, philosophical?

    He had no choice

    I am taller too, more beautiful, better body

  • Extreme, extremely mobile lifestyle

    I prize my freedom

    The bitcoin nomad?

    Money on safety

    The best muscles for being a father of the best exercises

    Cyber builders, cyber developers

    Simplest design possible 

  • Raising a kid is pretty intuitive; it’s easy, just raise your kid how you wish you were raised!

    Bitcoin is digital property

    Everything is much faster one powered by bitcoin

    .

    Digital transformation

    Equity capital markets

    $350b in QQQ

    nasdaq 100

    40th largest company in index

    Bigger

    Larger

    .

    10b in 4 years

    Under promise under deliver

    Anyone powered by Bitcoin shall thrive!

    .

    $108k!

    Going faster

    $17b in 6 weeks

    .

    3x as big!

    Greater life goals?

    .

    Raise money buy Bitcoin, don’t sell the Bitcoin

    As much as we can buy! Not holding back!

    .

    BTC YIELD

    Accretion

    Julian

    $100 bitcoin per share, stock at $100. Can sell … BTC yield 0

    .

    Negative BTC yield, dilutive

    Accretive vs Dilutive

    .

    Fully dilutive

    Bigger Bitcoin exposure than just buying bitcoin! ****

    .

    72.4% BTC YIELD, this year

    72.4% more bitcoin per share than Jan 1st,

    Without any cost or dilution

    107k per Bitcoin, 14.66b for the year!

    .

    Greater yield! Maximize yield *

    Maximizing yield in life?

  • The 0 Hour Workweek

    Bitcoin lifestyle abroad?

  • WILD

    Wild man, into the wild?

  • Uphill or Downhill Battle? 

    It seems one of the wise thoughts in life is to never fight uphill battles. For example, still… The upside and the genius of owning a white car in Los Angeles. Even some subtle things is that like if the neighbor maintenance guy next-door is using a leaf blower, in advertently all the dirt will actually appear on your car too.

    Passive maintenance

    So certainly with things and life, that are certain things which require maintenance. Almost everything in the physical realm besides bitcoin.

     so obviously it is probably very advantageous to own a vehicle or a car to take you to local nature preserves, one hikes in nature etc.

    I didn’t suppose the new one is rather than seeking to maximize or have the best car or whatever, or the most beautiful car or whatever, still… The best strategy and goal is the car with the least amount of maintenance required.

    Assuming you live in the apartment or don’t live in a home with a charger built-in,, still, having to always charge your car is kind of like a hidden maintenance.

    Also apparently if you let your car seat idle for like a week or a month, it will drain to zero. Not good for us digital nomads, or us globetrotter world travelers.

    The most important thing to maintain is your body

    Use it or lose it.

    Muscle and bitcoin

    Soul to Millie the only thing that you should probably try to maintain is your body, because this is the most valuable asset you got.

    Social media and Internet is toxic

    Almost everything in modern day life is toxic?

    Headwind or tail wind?

  • Real vs fake danger

    France has the nuclear advantage

    Make it sexy and cool !

    Happiness is sexy

    Thank god for cops and police–> you never really appreciate them until you have kids?

    *

    Just let someone else do the dirty work

    Virtuous movement

    Muscle Up!

    Liberty , liberty thoughts ? 
    .

    Uphill or Downhill Battle? 

    It seems one of the wise thoughts in life is to never fight uphill battles. For example, still… The upside and the genius of owning a white car in Los Angeles. Even some subtle things is that like if the neighbor maintenance guy next-door is using a leaf blower, in advertently all the dirt will actually appear on your car too.

    Passive maintenance

    So certainly with things and life, that are certain things which require maintenance. Almost everything in the physical realm besides bitcoin.

     so obviously it is probably very advantageous to own a vehicle or a car to take you to local nature preserves, one hikes in nature etc.

    I didn’t suppose the new one is rather than seeking to maximize or have the best car or whatever, or the most beautiful car or whatever, still… The best strategy and goal is the car with the least amount of maintenance required.

    Assuming you live in the apartment or don’t live in a home with a charger built-in,, still, having to always charge your car is kind of like a hidden maintenance.

    Also apparently if you let your car seat idle for like a week or a month, it will drain to zero. Not good for us digital nomads, or us globetrotter world travelers.

    The most important thing to maintain is your body

    Use it or lose it.

    Muscle and bitcoin

    Soul to Millie the only thing that you should probably try to maintain is your body, because this is the most valuable asset you got.

    Social media and Internet is toxic

    Almost everything in modern day life is toxic?

  • Libertarians , deontic libertarianism?

    Spartan Libertarian?

    Autarkes: self sufficiency suffice.

    What is sufficient, suffice?

    Predatory?

    Lawyer for legal disputes

    Capital good — can create value!

    .

    Increase of capital productivity

    How to Live With Bitcoin

    .

    Phantom

    Splendid Sparta

    Fixed intention

    His own high roof

    Independent thinking

    Auto thinking

    Self sufficient, thinking

    .

    Sights to even please a god

    Mercurial, volatile ***

    Volatile people are good?

    Human town, gods get fine sacrifices

    The most unhappy man alive

    The gods who live at ease

    Set him free from time and death forever

    I have insanely high human IQ?

    I’m the ultimate social disruptor?

    I’ve won all the human accolades, physical, wealth, entrepreneurial, fame, artistic, philosophical?

    He had no choice

    I am taller too, more beautiful, better body

  • Opportunity Cost

    $44,000 USD for a car, self driving car,,, what *MORE* virtuous experiences can that money afford?

  • The Art of Movement

    The art of moving

    Moving money, people, ideas?

  • Becoming Less Sensitive

    Why are we so sensitive?

  • How to Move

    Think bare feet —

  • MOVEMENT.

    You’re strong enough

  • Enthusiastic response from capital markets

    Fixed income markets , preferred stocks, convertible bonds, revisit capital plans

    .

    Equity capital markets, 4 weeks!

    Convertible market, equity market, fixed income markets in Q1

    Think Month!

    Delevered?

    100% delta

    .

    Build more intelligent leverage

    .

    ATM. sell equity into market if we like terms and price

    Equity is under valued?

    .

    Think Month?

    Think YTD?

    .

    Philosophically

    .

    Healthy software division

    $45b billion owned, treasury operations

    Create value , operating income 75M$ a year , investing income … 18.6B of unrealized investment income

    Fair value accounting next year , investment income captured in GAAP

    .

    LBO, taking cheap capital. Higher return –>

    Capital acquisition

    14.4B$ benefit, at $105k

    .

    Bitcoin treasury operations

    Accounting rules

    .

    SP500 … ? Above my pay grade , they will make that decision

    2025, fair value accounting, $50B of assets on accounting, goes up $10B a year of investment income!

    YTD, 650.18% gain!!!

    .

    6.5x gain in just one year?

    .

    Buying in bulk

    Regulated exchanges like Coinbase, TWAP algorithm, not be noticed by market

    Be market participants but be noticed

    STEALTH//

    .

    Stealth Bitcoin

    .

    I invented a large piece of it we enjoy it it is profitable core part company identity

    .

    Rejected by MSFT

    .

    THEY don’t have a need to adopt a new idea

    Pay out dividends , conventional finance playbook Harvard business school

    Fair value accounting became mandatory ***–> SAB 121, fair value accounting

    Embraced as digital commodity

    .

    First time in 100 years, capital asset can consider in lieu of treasury bills

    Not real estate gold paintings, barrels or oil

    Bitcoin as treasury asset

    Year 1, new asset.

    .

    Magnificent 7, embrace later, we don’t need it now

    .

  • ERIC KIM CRYPTO

    Eric Kim, a photographer and blogger, has extensively shared his perspectives on cryptocurrency, particularly Bitcoin, through his writings. His views encompass several key themes:

    Philosophical Alignment with Decentralization:

    Kim appreciates the decentralized nature of cryptocurrencies, aligning this with Stoic values of autonomy and resilience. He views Bitcoin as a means to achieve financial independence from centralized authorities, allowing individuals greater control over their resources.

    Bitcoin as ‘Digital Gold’:

    He likens Bitcoin to digital gold, emphasizing its finite supply of 21 million coins. This scarcity, in his view, preserves value and offers a more ethically grounded form of currency, free from the inflationary tendencies of fiat currencies.

    Investment Philosophy:

    Kim’s investment approach is characterized by simplicity and long-term thinking. He advocates for extreme frugality, minimizing unnecessary expenses to allocate more resources toward investments like Bitcoin. He suggests that focusing on one or two well-chosen investments, such as Bitcoin, can be more effective than over-diversification.

    Skepticism Toward Altcoins:

    While acknowledging the existence of various alternative cryptocurrencies, Kim expresses a preference for Bitcoin. He cautions against the pursuit of the “next Bitcoin,” suggesting that such endeavors may distract from the potential benefits of investing in Bitcoin itself.

    Long-Term Perspective:

    Kim encourages viewing Bitcoin investments through a long-term lens, considering potential appreciation over decades. He envisions a future where Bitcoin plays a significant role in global finance, particularly as societies move toward digital and contactless payments.

    In summary, Eric Kim’s philosophy on cryptocurrency reflects a blend of philosophical principles, minimalist investment strategies, and a strong belief in Bitcoin’s potential as a cornerstone of future financial systems.

  • Economic Fitness

    Economic obesity, economic … overfat?

  • Kids don’t envy other kids who are having “more fun” than them!

    A kid doesn’t seek “fun maximization” or to “optimize” fun?

    We the new Sparta!