Where to park $1M, or $1.1M?

Video

Too cool! The McLaren killer —

Growth at all costs! Any costs!

Bitcoin & muscle

Saylor Microsoft presentation

Regression vs profession

Increase investor risk, slow growth?

Divest $100B or invest $100B

Divesting?

Decrease investor risk, accelerate growth! ***

Decrease your risk, bitcoin DECREASES your risk!

.

Surrender $200B in capital in 5 years

Don’t amplify your risk factors!

.

Don’t trust others with your financial decisions —

.

Asset without counterparty risk from competitors, countries, corporations, creditors, cultures. Or currencies

.

Buy a $100B company growing at 60% per year at 1x revenue

What if this company were more profitable than your own?

.

Keep doing this every year, forever.

Universal perpetual profitable merger partner

Strategic bitcoin operations

Think Bitcoin strategy, strategic, tactical, Bitcoin operations

Business assumptions

Capital structure, strengthen —

.

Anti Status Quo

Treasury -> BTC

Cashflows -> BTC

Debt -> BTC

.

Share price increase ,,, reduce shareholder risk and increase value? Isn’t it obvious?

Market cap increase from BTC strategy

create $4.9T of market cap value for share holders

Strip away risk

Levered to forward earnings expectations to an extremely unhealthy degree

Asset vs Expectation

Prosper

Value creation, value at risk, value ARR

reduce value at risk!

REDUCE risk, REDUCE risk factors!

Need to know basis.

.

Bitcoin hedge fund —

EV, EBIT?

ENTERPRISE VALUE, EV

earnings before interest and taxes

enterprise value / earnings before interest and taxes

…

An enterprise value (EV) of $3.0 trillion with an EV/EBIT ratio of 26x provides significant insights into the company’s financial standing and market valuation.

Calculating EBIT:

To find the Earnings Before Interest and Taxes (EBIT), you can rearrange the EV/EBIT formula:

So, the company’s EBIT is approximately $115.38 billion.

Understanding EV/EBIT Ratio:

• EV (Enterprise Value): Represents the total value of a company, including market capitalization, debt, and minus cash and cash equivalents.

• EBIT (Earnings Before Interest and Taxes): Measures a company’s profitability from operations.

• EV/EBIT Ratio: A valuation multiple used to compare a company’s enterprise value to its operational earnings. It helps investors assess whether a company is overvalued or undervalued relative to its peers.

Interpreting the 26x EV/EBIT Ratio:

• A 26x EV/EBIT ratio indicates that investors are willing to pay 26 times the company’s EBIT for its enterprise value.

• High Ratio Implications:

• Growth Expectations: Investors might anticipate significant future growth and are willing to pay a premium.

• Market Position: The company may have a strong competitive advantage or market dominance.

• Industry Norms: Some industries naturally have higher valuation multiples due to their growth potential (e.g., technology or biotechnology sectors).

Considerations:

• Industry Comparison: It’s crucial to compare the EV/EBIT ratio with industry peers to determine if 26x is justified.

• Other Valuation Metrics: Relying solely on EV/EBIT may not provide a complete picture. Consider other ratios like P/E, EV/EBITDA, and revenue growth rates.

• Market Conditions: Economic factors and market sentiment can influence valuation multiples across the board.

Conclusion:

An EV of $3.0 trillion and an EV/EBIT of 26x suggest that the company is highly valued in the market, possibly due to strong performance expectations or a dominant position in its industry. However, it’s important to delve deeper into financial statements and market analysis to understand whether this valuation is warranted.

…

An enterprise value (EV) of $3.0 trillion with an EV/EBIT ratio of approximately 26x implies that the company’s earnings before interest and taxes (EBIT) are about $115.38 billion. This is calculated by dividing the EV by the EV/EBIT ratio:

The EV/EBIT ratio is a financial metric that compares a company’s total value (EV) to its EBIT, providing insight into how the market values the company’s operating earnings. An EV/EBIT ratio of 26x indicates that investors are willing to pay $26 for every $1 of EBIT, suggesting high expectations for the company’s future performance.

For context, Microsoft’s EV/EBIT ratio was 27.85 as of October 31, 2024 . This comparison shows that an EV/EBIT ratio around 26x is relatively high, reflecting strong investor confidence.

It’s important to note that the EV/EBIT ratio can vary significantly across industries and companies. Therefore, it’s most useful when comparing companies within the same sector. Additionally, while a higher ratio often indicates positive market sentiment, it may also suggest that a company is overvalued. Conversely, a lower ratio could indicate undervaluation or potential challenges faced by the company. Thus, this ratio should be considered alongside other financial metrics and qualitative factors for a comprehensive analysis.

Perfect is good enough for me! –

Capital power

Beef bone broth is more than just a flavorful base for soups and stews; it may offer several health benefits due to its rich nutrient profile. Here’s how consuming beef bone broth might benefit your health:

1. Supports Joint Health

• Collagen and Gelatin: Bone broth is rich in collagen, which converts to gelatin during cooking. Gelatin contains amino acids like proline and glycine that are essential for maintaining healthy cartilage and connective tissues.

• Glucosamine and Chondroitin: These compounds found in bone broth may help reduce joint pain and inflammation associated with osteoarthritis.

2. Aids Digestive Health

• Gut Lining Repair: Gelatin in bone broth can help strengthen the lining of the digestive tract, potentially benefiting those with leaky gut syndrome or inflammatory bowel diseases.

• Improves Digestion: The amino acids may aid in the digestion of proteins and fats, enhancing nutrient absorption.

3. Enhances Skin, Hair, and Nail Health

• Collagen Support: Collagen is a major component of skin, hair, and nails. Consuming it may improve skin elasticity, reduce wrinkles, and promote stronger hair and nails.

• Hydration and Elasticity: The nutrients in bone broth can help maintain skin hydration and elasticity.

4. Boosts Immune System

• Mineral Content: Bone broth provides trace minerals like zinc and selenium, which are important for immune function.

• Anti-Inflammatory Properties: Amino acids such as arginine may help modulate the immune response and reduce inflammation.

5. Promotes Bone Health

• Mineral Absorption: The broth contains calcium, magnesium, and phosphorus, which are vital for building and maintaining strong bones.

• Bioavailability: The minerals in bone broth are in forms that the body can easily absorb.

6. Supports Sleep and Cognitive Function

• Glycine: This amino acid found in bone broth has been shown to promote relaxation and improve sleep quality.

• Neurological Benefits: Glycine may also support cognitive functions like memory and learning.

7. Assists in Weight Management

• Low in Calories: Being low in calories yet rich in protein, bone broth can be a satiating snack or meal addition.

• Promotes Fullness: The high protein content can help you feel fuller longer, potentially reducing overall calorie intake.

8. Provides Hydration and Electrolytes

• Electrolyte Balance: Contains potassium and sodium, which are essential for maintaining proper hydration and nerve function.

• Hydration: As a liquid, it contributes to your daily fluid intake.

9. Anti-Inflammatory Effects

• Amino Acids: Compounds like glycine and proline have anti-inflammatory properties that may help reduce inflammation throughout the body.

• Chronic Disease Prevention: Reducing inflammation can lower the risk of chronic diseases like heart disease and diabetes.

Things to Consider

• Individual Nutrient Needs: While bone broth is nutritious, it should complement a balanced diet rather than serve as a sole source of nutrients.

• Quality of Ingredients: Using high-quality bones from grass-fed, organically raised animals can enhance the nutritional benefits.

• Preparation Matters: Longer cooking times and the inclusion of various types of bones (marrow, knuckles, joints) can increase the nutrient density.

Final Thoughts

Incorporating beef bone broth into your diet may offer various health benefits, from supporting joint and gut health to enhancing skin and immune function. However, it’s important to view it as part of a holistic approach to nutrition. For personalized advice, especially if you have specific health conditions or dietary restrictions, consider consulting a healthcare professional or a registered dietitian.

Beef bone broth is a nutrient-rich liquid made by simmering beef bones, marrow, connective tissues, and sometimes meat scraps over a long period, typically ranging from 12 to 48 hours. This slow cooking process extracts a variety of nutrients, making bone broth a popular addition to many diets.

Key Nutritional Components of Beef Bone Broth:

1. Protein:

• Collagen and Gelatin: The prolonged simmering breaks down collagen in the bones and connective tissues into gelatin, which is rich in amino acids like glycine and proline.

• Amino Acids: These building blocks of protein support various bodily functions, including muscle repair and immune system support.

2. Minerals:

• Calcium, Magnesium, and Phosphorus: Essential for bone health, these minerals are leached from the bones during the cooking process.

• Potassium and Sodium: Electrolytes that aid in nerve function and hydration balance.

• Trace Minerals: Includes zinc, iron, manganese, and selenium, which play roles in immune function, oxygen transport, and antioxidant defense.

3. Fats:

• Essential Fatty Acids: If marrow bones are used, the broth may contain small amounts of omega-3 and omega-6 fatty acids.

• Energy Source: Fats provide a concentrated source of energy and aid in the absorption of fat-soluble vitamins.

4. Gelatin:

• Digestive Health: Gelatin can help protect and heal the mucosal lining of the digestive tract.

• Joint Support: May contribute to joint health by supporting cartilage.

5. Glucosamine and Chondroitin:

• Joint Health: Naturally occurring compounds that may reduce inflammation and support joint function.

Approximate Nutritional Values per 1 Cup (240 ml) of Homemade Beef Bone Broth:

• Calories: 30–60 kcal

• Protein: 6–10 grams

• Fat: 0.5–1.5 grams

• Carbohydrates: Typically negligible

• Minerals: Varies widely; not a significant source of most minerals but does contribute to daily intake

Factors Affecting Nutritional Content:

• Type of Bones Used: Marrow bones, knuckles, joints, and feet release different amounts of nutrients.

• Cooking Time: Longer simmering extracts more nutrients.

• Additional Ingredients: Vegetables, herbs, and spices can enhance both flavor and nutrient profile.

• Straining and Skimming: Removing fat and impurities affects the final nutritional content.

Health Considerations:

• Digestibility: The nutrients in bone broth are in forms that are easy for the body to absorb.

• Allergies and Sensitivities: Generally hypoallergenic but should be prepared carefully to avoid contaminants.

• Sodium Content: Store-bought broths may be high in sodium; opt for low-sodium versions or make your own to control salt levels.

Usage Tips:

• Culinary Uses: Can be consumed on its own or used as a base for soups, stews, sauces, and gravies.

• Storage: Homemade bone broth can be refrigerated for up to 5 days or frozen for longer periods.

Conclusion:

Beef bone broth is a nourishing liquid that provides a modest amount of protein and a variety of nutrients extracted from animal bones and connective tissues. While it can be a valuable addition to a balanced diet, it should not be relied upon as a primary source of essential nutrients. Always consider the overall dietary context and consult with a healthcare provider or a nutritionist if you have specific health goals or dietary concerns.

The future shall belong to the producers

For example, in LA Southern California it seems almost impossible to keep your car clean, even with a white one?

Solutions?

Is it best to have some sort of like tan, desert tan sand color car?

Investing in flip properties can be lucrative, but it comes with significant risks. Understanding these risks is essential to minimize potential losses. Here are some common risks associated with property flipping:

1. Market Fluctuations

• Risk: Sudden downturns in the real estate market can reduce the resale value of the property.

• Mitigation: Conduct thorough market research and avoid over-leveraging.

2. Underestimating Renovation Costs

• Risk: Renovations often cost more than anticipated due to unforeseen issues like structural problems or code violations.

• Mitigation: Set aside a contingency budget of at least 10-20% for unexpected expenses.

3. Delays in Renovations

• Risk: Construction or permitting delays can increase holding costs, such as mortgage payments, utilities, and property taxes.

• Mitigation: Work with experienced contractors and plan a realistic timeline.

4. Overpaying for the Property

• Risk: Paying too much for the property reduces profit margins or makes the flip unprofitable.

• Mitigation: Stick to the 70% rule (purchase price should not exceed 70% of the after-repair value minus renovation costs).

5. Difficulty Selling

• Risk: The property may sit on the market longer than expected, leading to additional holding costs.

• Mitigation: Ensure renovations match the target market’s preferences and price the property competitively.

6. Financing Challenges

• Risk: High-interest loans or difficulty securing financing can eat into profits.

• Mitigation: Explore multiple financing options and keep a financial cushion.

7. Lack of Experience

• Risk: Inexperience in estimating costs, managing contractors, or understanding the local market can lead to mistakes.

• Mitigation: Partner with experienced flippers or consult professionals.

8. Over-Renovation

• Risk: Spending too much on upgrades that don’t align with the neighborhood can result in low ROI.

• Mitigation: Tailor renovations to the area’s market expectations.

9. Legal or Zoning Issues

• Risk: Violating zoning laws or encountering legal disputes (e.g., unpermitted work) can lead to fines and delays.

• Mitigation: Verify zoning regulations and obtain necessary permits before starting renovations.

10. Economic Changes

• Risk: Changes in interest rates, unemployment, or local economy conditions can affect buyer demand.

• Mitigation: Monitor economic trends and be prepared to adjust strategies.

11. Unreliable Contractors

• Risk: Poor workmanship or unreliable contractors can derail timelines and increase costs.

• Mitigation: Vet contractors carefully, check references, and include penalties for delays in contracts.

12. Tax Implications

• Risk: Profits from flips are taxed as ordinary income, potentially reducing net earnings.

• Mitigation: Consult a tax advisor to plan for tax liabilities.

13. Property Damage

• Risk: Theft, vandalism, or natural disasters can lead to unexpected losses during renovation.

• Mitigation: Obtain property insurance tailored for renovations.

Final Tip:

Always perform a detailed due diligence process before purchasing a property to flip. This includes analyzing the location, understanding renovation costs, and preparing for contingencies.

Purchasing a flipped house can be an attractive option for buyers looking for move-in-ready properties at potentially lower prices. However, there are several risks associated with buying a home that has been recently renovated and resold by an investor or contractor. Understanding these risks can help you make a more informed decision and protect your investment. Here are the primary risks to consider:

1. Substandard Renovations

• Risk: Flippers may prioritize speed and cost over quality, leading to poor workmanship, use of low-quality materials, or incomplete renovations.

• Mitigation: Hire a qualified home inspector to thoroughly evaluate the property’s condition. Additionally, consider bringing in specialists (e.g., structural engineers, electricians) to inspect specific aspects of the renovation.

2. Hidden Defects

• Risk: Some issues may not be visible during a standard walkthrough, such as electrical problems, plumbing leaks, or foundation issues.

• Mitigation: Conduct a comprehensive home inspection and request any available documentation or warranties related to the renovations. Ensure that the flipper has addressed all major systems and structural components.

3. Lack of Permits and Code Compliance

• Risk: Flippers might undertake renovations without obtaining the necessary permits or ensuring compliance with local building codes, leading to legal issues or the need to redo work.

• Mitigation: Verify that all renovations were permitted and inspected by local authorities. You can check with your city or county building department for records related to the property.

4. Overpricing

• Risk: Flippers aim to make a profit, which can sometimes result in pricing the property higher than comparable homes in the area, even after renovations.

• Mitigation: Conduct a comparative market analysis (CMA) to ensure the price aligns with similar properties in the neighborhood. Engage a real estate agent familiar with local market trends to assist with pricing evaluation.

5. Inadequate Disclosure

• Risk: Sellers may not fully disclose past issues or the extent of renovations, potentially hiding problems that could affect the property’s value or safety.

• Mitigation: Request a detailed disclosure statement from the seller and cross-verify with your inspection results. Be cautious if the seller is reluctant to provide information.

6. Short Turnaround Times

• Risk: Flippers often aim to sell quickly, which might lead to overlooking minor defects or cutting corners during the renovation process.

• Mitigation: Take your time during the buying process to thoroughly assess the property. Don’t rush your decision based on time pressure from the seller.

7. Financing Complications

• Risk: Some lenders may be hesitant to finance homes that have been flipped, especially if significant renovations were done. Additionally, if the renovations aren’t up to code, securing a mortgage could be challenging.

• Mitigation: Discuss financing options with your lender beforehand and ensure that the property meets all requirements for your desired loan type. Provide documentation of all renovations and permits to facilitate the approval process.

8. Warranty Limitations

• Risk: Flipped homes might come with limited or no warranties on the renovations, leaving you responsible for any future repairs.

• Mitigation: Negotiate for warranties or guarantees on the work performed. Alternatively, factor potential repair costs into your budget when purchasing the property.

9. Neighborhood Discrepancies

• Risk: If the flipper has significantly upgraded the property, it might stand out from neighboring homes, potentially affecting future resale value or creating discrepancies in neighborhood aesthetics.

• Mitigation: Assess the property within the context of the entire neighborhood. Ensure that the renovations are in line with local styles and standards to maintain property value.

10. Rapid Market Changes

• Risk: Real estate markets can fluctuate, and if you purchase a flipped home during a peak, you might face challenges if the market cools down shortly after.

• Mitigation: Monitor market trends and consider the long-term value of the property. Investing in a home in a stable or growing market can mitigate the impact of short-term fluctuations.

11. Potential for “Bubble” Properties

• Risk: In some markets, an influx of flipped properties can create a temporary price bubble, where prices are artificially inflated beyond sustainable levels.

• Mitigation: Research the local market thoroughly and consult with real estate professionals to understand the underlying factors driving property values.

12. Emotional Detachment from Investment Quality

• Risk: As a buyer, you might emotionally prefer certain aesthetic choices made by the flipper, potentially overlooking functional issues that could have long-term consequences.

• Mitigation: Prioritize structural and functional assessments over cosmetic preferences. Focus on the quality and safety of the property rather than solely on its appearance.

Final Recommendations:

• Thorough Due Diligence: Invest time in researching the property’s history, the flipper’s reputation, and the quality of renovations performed.

• Professional Inspections: Always hire reputable inspectors and, if necessary, specialists to evaluate specific aspects of the home.

• Legal Advice: Consider consulting a real estate attorney to review contracts and disclosures, ensuring that your interests are protected.

• Negotiate Terms: Use any findings from inspections to negotiate better terms, request repairs, or adjust the purchase price accordingly.

By being aware of these risks and taking proactive steps to address them, you can make a more informed and secure decision when purchasing a flipped house.

…

Purchasing a flipped house can be appealing due to its modern renovations and move-in-ready condition, but there are risks involved. These are some key risks to consider when buying a flipped property:

1. Poor Quality Renovations

• Risk: Flippers may prioritize speed and cost savings, leading to subpar workmanship or cosmetic fixes that hide deeper issues.

• Red Flags: Mismatched materials, uneven finishes, or low-quality fixtures.

• Mitigation: Hire a professional home inspector to thoroughly assess the property.

2. Hidden Structural or Systemic Issues

• Risk: Major issues like faulty wiring, plumbing problems, or foundational cracks may be concealed.

• Red Flags: Fresh paint on ceilings (to cover leaks), odors, or new flooring over uneven surfaces.

• Mitigation: Request documentation for renovations and permits; prioritize inspections of electrical, plumbing, and HVAC systems.

3. Unpermitted Work

• Risk: Renovations might have been completed without the necessary permits, which can lead to fines, required rework, or difficulty reselling.

• Red Flags: Additions or major renovations without evidence of permits.

• Mitigation: Verify permits with local authorities and ask for a disclosure from the seller.

4. Overpricing

• Risk: Flipped homes are often sold at a premium due to their updated appearance, potentially exceeding the true market value.

• Red Flags: Significant price disparities compared to similar properties in the area.

• Mitigation: Work with a real estate agent to compare the property with recent sales of comparable homes.

5. Cosmetic “Cover-Ups”

• Risk: Some flippers focus on surface-level fixes (e.g., fresh paint, new cabinets) to make the home look updated while ignoring more critical repairs.

• Red Flags: Inconsistent upgrades or a lack of attention to structural elements like windows, roof, or foundation.

• Mitigation: Look beyond aesthetics and focus on the quality of upgrades.

6. Increased Maintenance Costs

• Risk: If the flipper cut corners, you may face high maintenance costs soon after purchase.

• Red Flags: Lack of warranties or vague details about materials and work.

• Mitigation: Ask for documentation of warranties and repairs, and budget for unexpected fixes.

7. Zoning or Code Violations

• Risk: Renovations may not comply with local building codes, resulting in fines or legal liabilities.

• Red Flags: Newly completed work that seems inconsistent with other homes in the area.

• Mitigation: Confirm code compliance through your home inspector or local building department.

8. Improper Drainage or Landscaping

• Risk: Poorly designed outdoor features or drainage systems can lead to flooding or foundation damage.

• Red Flags: Standing water near the foundation or recently added soil near the house.

• Mitigation: Inspect the yard’s grading and drainage during the walkthrough.

9. Short Ownership History

• Risk: A short ownership history (e.g., a few months) could indicate the home was purchased purely for flipping, potentially without a full assessment of underlying issues.

• Red Flags: Recent purchase by the seller with no prior occupancy.

• Mitigation: Investigate the seller’s intent and any property history available.

10. Environmental Concerns

• Risk: If older materials, such as lead paint or asbestos, were not properly addressed during renovations, they could pose health hazards.

• Red Flags: Lack of disclosure or no records of environmental remediation.

• Mitigation: Request an environmental inspection if the home was built before 1980.

11. Limited Seller Knowledge

• Risk: Since the flipper likely didn’t live in the home, they may have limited knowledge about its long-term issues or quirks.

• Red Flags: Vague or incomplete seller disclosures.

• Mitigation: Rely on independent inspections and third-party assessments instead of seller information.

12. Neighborhood Mismatch

• Risk: Over-renovated flips may not align with the surrounding homes, potentially affecting future resale value.

• Red Flags: A house that stands out dramatically compared to its neighbors.

• Mitigation: Research the neighborhood and consider whether the renovations align with local trends.

13. Unrealistic Home Warranty

• Risk: Some flippers may offer home warranties that don’t cover key issues or have limited terms.

• Red Flags: Warranty exclusions for major systems or short coverage periods.

• Mitigation: Review the terms of any offered warranty and consider purchasing additional coverage.

Final Advice:

When purchasing a flipped property, a detailed inspection and due diligence are critical. Don’t be swayed by cosmetic updates—focus on the quality of the work and the long-term integrity of the home. Consider involving a knowledgeable real estate agent to navigate the process effectively.

Odysseus wanting to grow old in Ithaca, to sail back home to his wife and his son!

An interesting dynamic way to live: use 20% of your wealth in capital and money right now to live your most splendid life right now, but save and grow the rest of the 80% for the future?

Economics by KIM

1. You Can’t Rent Forever
2. Money is For Slaves
3. Growth
4. Think Volume
5. Think Payoffs
6. Kaizen Gains
7. Cost to Capital
8. Price vs Value
9. EVERYONE WINS!
10. INVESTING PR’S
11. The Philosophy of Investing
12. ERIC KIM VENTURE CAPITALIST
13. How to FIRE (Financial Independence Retire Early)
14. How to *Save* a Million Dollars
15. Increase Value
16. MAYBE IT IS A GOOD IDEA TO BUY HIGH
17. Banks Are the True Menace to Society
18. THE PROMISE OF FUTURE MONOPOLY PROFITS?
19. High gas prices are good
20. What is Capitalism?
21. Pride in What You Paid For
22. On Making Money from Nothing
23. Save Money Towards What Ends?
24. No Regret Investment

Maybe the risk factor here is that you think you’re all protected from renters rights, your landlord etc.… But maybe the truth is, you can’t rent forever?

Risk factors: your landlord might retire or sell the property and therefore you become homeless?

Certainly stuff like property taxes are annoying, but, maybe paying property taxes or taxes is a form of security?

Economics by KIM

1. Money is For Slaves
2. Growth
3. Think Volume
4. Think Payoffs
5. Kaizen Gains
6. Cost to Capital
7. Price vs Value
8. EVERYONE WINS!
9. INVESTING PR’S
10. The Philosophy of Investing
11. ERIC KIM VENTURE CAPITALIST
12. How to FIRE (Financial Independence Retire Early)
13. How to *Save* a Million Dollars
14. Increase Value
15. MAYBE IT IS A GOOD IDEA TO BUY HIGH
16. Banks Are the True Menace to Society
17. THE PROMISE OF FUTURE MONOPOLY PROFITS?
18. High gas prices are good
19. What is Capitalism?
20. Pride in What You Paid For
21. On Making Money from Nothing
22. Save Money Towards What Ends?
23. No Regret Investment

Is Culver City the #1 city on the planet, on earth?

Culver City is like the new Athens?

podcast

Human Behavior

So I think the whole time my quest was seeking to understand human behavior; this is my primary focus and inquiry about almost everything, my primum mobile, my first moving force.

For example, I think my introduction to sociology and psychology philosophy and now economics actually is all around this question.

Is human behavior “rational”?

According to Mises, and the Austrian school of economics, they believe it is rational. Not rational like if we think it is wise or foolish, but rational in so far much as giving individual agents, individual human beings dignity and respect, and knowing that as much as we might like to wag fingers about them doing something foolish, in fact, there is a deeper sense of logic that we may not understand on a superficial level, but there is often a deeper sense of meaning that we must try to decipher.

For example, when I often look at the behaviors of others, it seems befuddling to me, and also foolish on my end. But, I’m probably 100% certain the other people think the same about myself. And it seems unfitting for me to just put myself on a pedestal, and assume that all of my thoughts actions aims and desires are supreme, and everybody else beneath me is inferior.

The truth is I actually see myself as a pretty ordinary normal kind of average person. I think perhaps instead, my superpower lies around the fact that i’m kind of like a big kid, like I’m the most curious person that I personally know. And I think in modern day times, especially becoming an adult, I think curiosity is courageous. 

---

why do we like to criticize and critique other people?

So what is the number one favorite past time of Americans? Criticizing and critiquing the parenting behaviors of others.

First, if people gonna wanna act basic in a way that you don’t approve of, why do you care? Like are you going to pick it McDonald’s and Starbucks Frappuccino’s, trying to tell everyone not to consume it? To me this is kind of a waste of time and not very effective.

So then if I think about this deeply, why is it that we criticizing critique other people, their behaviors their thoughts the way they spend their money etc.?

First, I cannot speak for other people but let me talk from my perspective.

So for myself, maybe for me I’m trying to put myself in the issues of others, and essentially I’m just trying to share information knowledge wisdom experiences , trying to “help”others, as if I was them.

Now the reason why this might not always be a good thing is that there are a lot of people who do not want to be “helped”. There are some people who want to simply keep to themselves, and they don’t want to be disturbed, and that’s totally cool too.

Before seeking to understand others, seek to understand yourself?

So one big idea I have is maybe the losing bet is trying to work so hard to understand other people. Isn’t it more effective to try to seek to understand yourself?

So obviously everyone thinks different and is different, but I do think that maybe, by using yourself as your own magnifying glass, you could seek to understand all of humanity. Why?

First, my honest belief is that humans are more similar than dissimilar.  and also human motivations and desires have not changed much from ancient Greece. So for example this is where I find that reading to Emily Wilson translations of the Elliot and now the odyssey are really really fascinating because it gives us better insight into maybe more core critical human values, human nature in general?

Why does it matter?

My personal belief is that if you understand the route of human behavior action desires activity etc.… you kind of understand everything.

For example, in the context of sociology… My greatest Boon to studying sociology was it was like my gateway drug to understanding all of human society, and also, individual human actions and activities.

For example, sociology got me into psychology, which then got me into social media, social media marketing and blogging, and also… If history and travel and lifestyle, then philosophy, stoicism, Zen Zen Buddhism Taoism wabi sabi, ethics, aesthetics, and now the philosophy of money economics and bitcoin.

Curiosity is infinite

What is the greatest moving force on the planet? Curiosity. Curiosity means what you care for.

You cannot fake curiosity, nor can you force it. It is simply something that is natural innate, that which flows from within you.

And I think that may be the root of curiosity is enthusiasm, a god dwelling within you. Also the same notion of having a purpose in life, a passion, all kind of a similar thing.

my new purpose in life

I think it is not zero son; you can have more than one purpose in life, directive in life, imperative in life.

But once again, assuming that like 90% of the world’s problems are rooted in the economic, shouldn’t the Y strategy be to try to seek to understand “fix” or at least address the economic question?

Politics

I think when it comes down to it if you could just pinpoint one thing, it will always be 100% about the economy.

it’s the economy stupid!

Carthage must burn!

What is capitalism?

Capitalism economics, economic theory, it is all very critical.

So currently I think the modern day economists are the ones who are being fed endowment checks from Ivy League universities from Harvard Yale etc., and everyone is giving them the big bucks because they’re like the new modern day wizards or sorcerers. The general idea is if we could fund the economist to understand economic question, this will make the institution super super rich.

I cannot speak for institutions because I am just an individual and human being. And my whole realm of care is pretty small; my sphere of concern is myself, Cindy and Seneca, my mom, my sister and her future family and that’s pretty much it. This is my real family.

So first, my first imperative was securing a glorious and splendid future for myself Cindy Seneca my mom in our future growing family. And everything is optimized around this.

Other people are too abstract

So from the get-go, I’ve always only ever been interested in practical matters. Even the reason why I love Stoicism Zen and Taoism so much is that it actually applies to real reality. Even my interest in sociology was it was really really practical useful has real utility in the real world! I still will never forget my horrifying experience studying basic introduction to philosophy class in which the professor, tried to turn logical thinking into mathematics? This horrified me forever. Remember as an undergraduate, desiring to study philosophy, trying to figure out the meaning of life etc., and being stuck doing this insane mathematical equations?

Goals?

Maybe instead of goals, pathways are a more interesting idea. A Pak, pathway is kind of the general direction you tread, and go. And obviously there is a lot of flexibility which is possible here.

And what are the ultimate goals?

I think human human nature or at least for myself is about the zest of life of striving for more! For example, growth is a primary motivator to me.

I’ll give you example, increase overtime, yield overtime. For example, a very simple way to understand things for myself is that I like to see the number go up! Change over time brings me joy. 

For example, in terms of bitcoin, finances and monetary yield, I’d like to see the number go up, not down!

Also with weightlifting, powerlifting one rep Max lifting etc., I love to see my one rep Max numbers go up!

Even look at myself in the mirror, flexing my arms and biceps and seeing the growth of my biceps my triceps, my whole body. This brings me infinite joy, also seeing my body gaining a beautiful glow and bronze tan.

Even the joy of getting a clean fresh haircut from Cindy. Makes me feel so great and handsome!

why have a kid 

Assuming that your life is about joy maximization, having kids wireless one kid seems to make the most sense.

For example, Odysseus and his son; fighting together teaming up together, busting out the arrows and killing the suitors in hilarious fashion.

What is it that Odysseus wanted? It was super simple, just to go back home! To go back to his home  in Ithaca, with his wife Penelope, and his son. To grow old in his own land, with his wealth.

My goals?

What are my personal goals?

For myself, I want to stack the bitcoin into infinity and beyond. I want to buy it up all of it, .

340

So I was doing some mathematics, and it came to my attention that my favorite neighborhood of all time is comprise of 340 plots of land. Each plot of land being worth at least 1 million or $1.1 million.

So a simple mathematical equation is assuming that one plot of land is equivalent to one bitcoin, which means even right now… I believe the true worth of a bitcoin even in 2024 should be at least 1 million or $1.1 million.

So if I was a super awesome capitalist, I would just buy up the whole neighborhood. All 340 plots of land.

17×20

For example, each little square block in my neighborhood has about 20 single-family homes, or at least 20 lots of land. Each plot of land is subdivided into around 5000 ft.².

And then there is about 17 square blocks, so 340 is 17×20.

The new real estate is cyber real estate

So let us break it down real estate, or property. Or a single-family home whatever.

First, the goal is to own the land, how much land? you want to own the best land, the most prime land, in the most prime location, there is no second best.

So for example, it is my personal belief that in all of America maybe, Culver City, Los Angeles, CA 90232 is like 100% the best city in America, maybe the planet.

Why? Supreme weather, supreme infrastructure, and a relatively small and modest city which feels like a big town. I think of Culver City like travel town, also another railroad LA public park you got to check out with your kid.

Anyways, I think the thing with physical land and zoning which is interesting is that I guess you could expand the zoning of a city in a province but still… Even if you expand it upwards, there will be some other spots some other epicenters which are superior to other ones.

There is no second best

I think this is a really really difficult concept to grasp, probably one of the best nuggets of wisdom from Michael Saylor.

So for example, the best or nothing.

Certainly the best car to own even if you were a trillionaire, in terms of comfort convenience and quality is probably a Lexus car. Not a loser Rolls-Royce, which is essentially a BMW with a body kit, not a Mercedes which is an unreliable triangle German loser car, not a Porsche which is essentially a Volkswagen beetle with a body kit, not a Lamborghini which is essentially a Volkswagen Passat on steroids, Not a Ferrari which is just like the ultimate deflationary asset?

Certainly it is like Tesla or nothing. There is no second best electric vehicle. Tesla is the only electric vehicle.

Bitcoin is the same. There is no second best. Not loser Ethereum, which is like having a Samsung android smart phone, the functionality might be better but nobody wants it. Everyone will always want the newest iPhone Pro, which is essentially like bitcoin. Except bitcoin is like 1 trillion times more valuable because it is an appreciating asset, rather than an iPhone Pro which is just a carpal tunnel inducing device, like a vape cigarette, an electronic cigarette.

People always talk about how bitcoin is bad for the planet, but don’t you fools realize that apple is bad for the planet? Apple is essentially leveraging slave labor in mainland China, fox con, putting up nuts so workers don’t commit suicide, and then getting all these millennials, Gen Z vegans to purchase these overpriced iPhones? Apple might be the real scourge to the planet not bitcoin or meat.

Spreading the gospel of bitcoin

I’m  starting to get the sense that actually… Maybe bitcoin will become the new religion, maybe it already is?

Michael Saylor is like one of the living prophets, kind of like Saint Jude, or one of the patron Saints, like Patrick said on his podcast.

Also, Satoshi is like the new Jesus who did the immaculate conception and ascended back into heaven, disappearing forever.

Maybe Vitalik of Ethereum is like the guy who is building the statue of Babel? The new tower of Babel?

Why bitcoin is so ethical

Once again, it is an acid without an issuer, it is like gold, it is ethical. However, it is 1 trillion times more ethical than gold because gold is dug up using slave labor, human slave labor, and all this toxic chemicals and pollution created to harvest it from the Earth.

What is also interesting to me from an environmental perspective is that the goal of a minor will always be to use the cheapest electricity to mine bitcoin. So in fact, the intelligence strategy if you were a minor is to just power your whole mining operation with like nuclear energy or other innovative energy sources which cost pretty much nothing. The downside of coal is that actually it is pretty expensive, ignore the fig news from mainland China.

Also another dirty secret, the only reason why bitcoin got all this fake news about it being bad for the planet was Sam Bankman-Fried, the scam artist behind FTX, essentially paid millions of dollars to Democrats, Tom Brady, politicians influencers and the like and media outlets, also to major league baseball whatever, to spread this fake notion that bitcoin was bad for the planet, because he just wanted to pump up his own fake FTT coin, which is essentially like cotton candy.

This is where the whole notion of proof of stake is positively moronic; only real value could be from real work, based in physics, physical reality. You must have to consume real electronic analog energy to produce a bitcoin which is what gives it its value. Not proof mistake which is just like an American colonist pulling up to the shores, putting a flag staking it into the ground and saying “this belongs to me!”

If you are anti-colonialism, you do not believe in proof of stake. 

a new, more ethical form of capitalism?

I think this is a really really really big idea. The idea and belief in fact, bitcoin could actually become a more ethical form of capitalism?

Cyber capitalism

So the big idea here is that cyber capitalism, if we think cyberspace, it is all so much more ethical.

For example, in cyberspace there is no human death, no missiles, no refugees or hostages no human genocide.

In cyberspace, it is all about wisdom truth, sovereignty and rights.

For example, in cyberspace, no human beings are ever harmed. And if we think about the new arms race, the new arms race should simply be a bitcoin arms race, the basic idea that in fact, instead of stockpiling nukes, we stockpile the bitcoin instead!

Building your own war chest for your family

We are still in year zero of bitcoin, starting January 2025 will be year one.

So one of the first very simple ideas I have is that currently, the use cases of bitcoin is still sparse. Imagine and remember the early days of the iPhone, in the early days of the App Store. I wonder if in the near future there will be some sort of bitcoin App Store, in which you could use your bitcoins for like infinite functions?

Even right now… You’re starting to see innovation happen, like people using bitcoin to back big loans, mortgages and the like?

JP Morgan will buy bitcoin sooner or later

JP Morgan Chase, I just actually found out that they are essentially sponsoring text stars LA, and assuming that JP Morgan Chase is all about money, monetary technology and wealth, wealth preservation and growth, it would almost be foolish for them to not build up their own bitcoin treasury reserve assets.

MicroStrategy is the sexiest stock and company on the planet

I think also what makes Michael Saylor so great relatable, and human is that he has done so many interviews video podcast interviews and the like, with pretty much everybody, and you get to see him as a real human being. Also his Twitter is amazing it is the only one I follow.

And it’s kind of crazy… Micro strategy is almost close to 400,000 bitcoins and if you go to saylortracker.com,  and just look at the simple graphs, and also the simple numerical tables and balances and balance sheets, all of the micro strategy bitcoin buys have yielded a grand profit! It’s all green!

New economics

Maybe the new field of economics is more like personal economics,  your own personal economic theory for yourself, your kids your family etc.

I guess the ultimate Takeaway point is you must posit this for yourself, not get it from others.

ERIC

***

Audio

Human Behavior

So I think the whole time my quest was seeking to understand human behavior; this is my primary focus and inquiry about almost everything, my primum mobile, my first moving force.

For example, I think my introduction to sociology and psychology philosophy and now economics actually is all around this question.

Is human behavior “rational”?

According to Mises, and the Austrian school of economics, they believe it is rational. Not rational like if we think it is wise or foolish, but rational in so far much as giving individual agents, individual human beings dignity and respect, and knowing that as much as we might like to wag fingers about them doing something foolish, in fact, there is a deeper sense of logic that we may not understand on a superficial level, but there is often a deeper sense of meaning that we must try to decipher.

For example, when I often look at the behaviors of others, it seems befuddling to me, and also foolish on my end. But, I’m probably 100% certain the other people think the same about myself. And it seems unfitting for me to just put myself on a pedestal, and assume that all of my thoughts actions aims and desires are supreme, and everybody else beneath me is inferior.

The truth is I actually see myself as a pretty ordinary normal kind of average person. I think perhaps instead, my superpower lies around the fact that i’m kind of like a big kid, like I’m the most curious person that I personally know. And I think in modern day times, especially becoming an adult, I think curiosity is courageous. 

---

why do we like to criticize and critique other people?

So what is the number one favorite past time of Americans? Criticizing and critiquing the parenting behaviors of others.

First, if people gonna wanna act basic in a way that you don’t approve of, why do you care? Like are you going to pick it McDonald’s and Starbucks Frappuccino’s, trying to tell everyone not to consume it? To me this is kind of a waste of time and not very effective.

So then if I think about this deeply, why is it that we criticizing critique other people, their behaviors their thoughts the way they spend their money etc.?

First, I cannot speak for other people but let me talk from my perspective.

So for myself, maybe for me I’m trying to put myself in the issues of others, and essentially I’m just trying to share information knowledge wisdom experiences , trying to “help”others, as if I was them.

Now the reason why this might not always be a good thing is that there are a lot of people who do not want to be “helped”. There are some people who want to simply keep to themselves, and they don’t want to be disturbed, and that’s totally cool too.

Before seeking to understand others, seek to understand yourself?

So one big idea I have is maybe the losing bet is trying to work so hard to understand other people. Isn’t it more effective to try to seek to understand yourself?

So obviously everyone thinks different and is different, but I do think that maybe, by using yourself as your own magnifying glass, you could seek to understand all of humanity. Why?

First, my honest belief is that humans are more similar than dissimilar.  and also human motivations and desires have not changed much from ancient Greece. So for example this is where I find that reading to Emily Wilson translations of the Elliot and now the odyssey are really really fascinating because it gives us better insight into maybe more core critical human values, human nature in general?

Why does it matter?

My personal belief is that if you understand the route of human behavior action desires activity etc.… you kind of understand everything.

For example, in the context of sociology… My greatest Boon to studying sociology was it was like my gateway drug to understanding all of human society, and also, individual human actions and activities.

For example, sociology got me into psychology, which then got me into social media, social media marketing and blogging, and also… If history and travel and lifestyle, then philosophy, stoicism, Zen Zen Buddhism Taoism wabi sabi, ethics, aesthetics, and now the philosophy of money economics and bitcoin.

Curiosity is infinite

What is the greatest moving force on the planet? Curiosity. Curiosity means what you care for.

You cannot fake curiosity, nor can you force it. It is simply something that is natural innate, that which flows from within you.

And I think that may be the root of curiosity is enthusiasm, a god dwelling within you. Also the same notion of having a purpose in life, a passion, all kind of a similar thing.

my new purpose in life

I think it is not zero son; you can have more than one purpose in life, directive in life, imperative in life.

But once again, assuming that like 90% of the world’s problems are rooted in the economic, shouldn’t the Y strategy be to try to seek to understand “fix” or at least address the economic question?

Politics

I think when it comes down to it if you could just pinpoint one thing, it will always be 100% about the economy.

it’s the economy stupid!

Carthage must burn!

What is capitalism?

Capitalism economics, economic theory, it is all very critical.

So currently I think the modern day economists are the ones who are being fed endowment checks from Ivy League universities from Harvard Yale etc., and everyone is giving them the big bucks because they’re like the new modern day wizards or sorcerers. The general idea is if we could fund the economist to understand economic question, this will make the institution super super rich.

I cannot speak for institutions because I am just an individual and human being. And my whole realm of care is pretty small; my sphere of concern is myself, Cindy and Seneca, my mom, my sister and her future family and that’s pretty much it. This is my real family.

So first, my first imperative was securing a glorious and splendid future for myself Cindy Seneca my mom in our future growing family. And everything is optimized around this.

Other people are too abstract

So from the get-go, I’ve always only ever been interested in practical matters. Even the reason why I love Stoicism Zen and Taoism so much is that it actually applies to real reality. Even my interest in sociology was it was really really practical useful has real utility in the real world! I still will never forget my horrifying experience studying basic introduction to philosophy class in which the professor, tried to turn logical thinking into mathematics? This horrified me forever. Remember as an undergraduate, desiring to study philosophy, trying to figure out the meaning of life etc., and being stuck doing this insane mathematical equations?

Goals?

Maybe instead of goals, pathways are a more interesting idea. A Pak, pathway is kind of the general direction you tread, and go. And obviously there is a lot of flexibility which is possible here.

And what are the ultimate goals?

I think human human nature or at least for myself is about the zest of life of striving for more! For example, growth is a primary motivator to me.

I’ll give you example, increase overtime, yield overtime. For example, a very simple way to understand things for myself is that I like to see the number go up! Change over time brings me joy. 

For example, in terms of bitcoin, finances and monetary yield, I’d like to see the number go up, not down!

Also with weightlifting, powerlifting one rep Max lifting etc., I love to see my one rep Max numbers go up!

Even look at myself in the mirror, flexing my arms and biceps and seeing the growth of my biceps my triceps, my whole body. This brings me infinite joy, also seeing my body gaining a beautiful glow and bronze tan.

Even the joy of getting a clean fresh haircut from Cindy. Makes me feel so great and handsome!

why have a kid 

Assuming that your life is about joy maximization, having kids wireless one kid seems to make the most sense.

For example, Odysseus and his son; fighting together teaming up together, busting out the arrows and killing the suitors in hilarious fashion.

What is it that Odysseus wanted? It was super simple, just to go back home! To go back to his home  in Ithaca, with his wife Penelope, and his son. To grow old in his own land, with his wealth.

My goals?

What are my personal goals?

For myself, I want to stack the bitcoin into infinity and beyond. I want to buy it up all of it, .

340

So I was doing some mathematics, and it came to my attention that my favorite neighborhood of all time is comprise of 340 plots of land. Each plot of land being worth at least 1 million or $1.1 million.

So a simple mathematical equation is assuming that one plot of land is equivalent to one bitcoin, which means even right now… I believe the true worth of a bitcoin even in 2024 should be at least 1 million or $1.1 million.

So if I was a super awesome capitalist, I would just buy up the whole neighborhood. All 340 plots of land.

17×20

For example, each little square block in my neighborhood has about 20 single-family homes, or at least 20 lots of land. Each plot of land is subdivided into around 5000 ft.².

And then there is about 17 square blocks, so 340 is 17×20.

The new real estate is cyber real estate

So let us break it down real estate, or property. Or a single-family home whatever.

First, the goal is to own the land, how much land? you want to own the best land, the most prime land, in the most prime location, there is no second best.

So for example, it is my personal belief that in all of America maybe, Culver City, Los Angeles, CA 90232 is like 100% the best city in America, maybe the planet.

Why? Supreme weather, supreme infrastructure, and a relatively small and modest city which feels like a big town. I think of Culver City like travel town, also another railroad LA public park you got to check out with your kid.

Anyways, I think the thing with physical land and zoning which is interesting is that I guess you could expand the zoning of a city in a province but still… Even if you expand it upwards, there will be some other spots some other epicenters which are superior to other ones.

There is no second best

I think this is a really really difficult concept to grasp, probably one of the best nuggets of wisdom from Michael Saylor.

So for example, the best or nothing.

Certainly the best car to own even if you were a trillionaire, in terms of comfort convenience and quality is probably a Lexus car. Not a loser Rolls-Royce, which is essentially a BMW with a body kit, not a Mercedes which is an unreliable triangle German loser car, not a Porsche which is essentially a Volkswagen beetle with a body kit, not a Lamborghini which is essentially a Volkswagen Passat on steroids, Not a Ferrari which is just like the ultimate deflationary asset?

Certainly it is like Tesla or nothing. There is no second best electric vehicle. Tesla is the only electric vehicle.

Bitcoin is the same. There is no second best. Not loser Ethereum, which is like having a Samsung android smart phone, the functionality might be better but nobody wants it. Everyone will always want the newest iPhone Pro, which is essentially like bitcoin. Except bitcoin is like 1 trillion times more valuable because it is an appreciating asset, rather than an iPhone Pro which is just a carpal tunnel inducing device, like a vape cigarette, an electronic cigarette.

People always talk about how bitcoin is bad for the planet, but don’t you fools realize that apple is bad for the planet? Apple is essentially leveraging slave labor in mainland China, fox con, putting up nuts so workers don’t commit suicide, and then getting all these millennials, Gen Z vegans to purchase these overpriced iPhones? Apple might be the real scourge to the planet not bitcoin or meat.

Spreading the gospel of bitcoin

I’m  starting to get the sense that actually… Maybe bitcoin will become the new religion, maybe it already is?

Michael Saylor is like one of the living prophets, kind of like Saint Jude, or one of the patron Saints, like Patrick said on his podcast.

Also, Satoshi is like the new Jesus who did the immaculate conception and ascended back into heaven, disappearing forever.

Maybe Vitalik of Ethereum is like the guy who is building the statue of Babel? The new tower of Babel?

Why bitcoin is so ethical

Once again, it is an acid without an issuer, it is like gold, it is ethical. However, it is 1 trillion times more ethical than gold because gold is dug up using slave labor, human slave labor, and all this toxic chemicals and pollution created to harvest it from the Earth.

What is also interesting to me from an environmental perspective is that the goal of a minor will always be to use the cheapest electricity to mine bitcoin. So in fact, the intelligence strategy if you were a minor is to just power your whole mining operation with like nuclear energy or other innovative energy sources which cost pretty much nothing. The downside of coal is that actually it is pretty expensive, ignore the fig news from mainland China.

Also another dirty secret, the only reason why bitcoin got all this fake news about it being bad for the planet was Sam Bankman-Fried, the scam artist behind FTX, essentially paid millions of dollars to Democrats, Tom Brady, politicians influencers and the like and media outlets, also to major league baseball whatever, to spread this fake notion that bitcoin was bad for the planet, because he just wanted to pump up his own fake FTT coin, which is essentially like cotton candy.

This is where the whole notion of proof of stake is positively moronic; only real value could be from real work, based in physics, physical reality. You must have to consume real electronic analog energy to produce a bitcoin which is what gives it its value. Not proof mistake which is just like an American colonist pulling up to the shores, putting a flag staking it into the ground and saying “this belongs to me!”

If you are anti-colonialism, you do not believe in proof of stake. 

a new, more ethical form of capitalism?

I think this is a really really really big idea. The idea and belief in fact, bitcoin could actually become a more ethical form of capitalism?

Cyber capitalism

So the big idea here is that cyber capitalism, if we think cyberspace, it is all so much more ethical.

For example, in cyberspace there is no human death, no missiles, no refugees or hostages no human genocide.

In cyberspace, it is all about wisdom truth, sovereignty and rights.

For example, in cyberspace, no human beings are ever harmed. And if we think about the new arms race, the new arms race should simply be a bitcoin arms race, the basic idea that in fact, instead of stockpiling nukes, we stockpile the bitcoin instead!

Building your own war chest for your family

We are still in year zero of bitcoin, starting January 2025 will be year one.

So one of the first very simple ideas I have is that currently, the use cases of bitcoin is still sparse. Imagine and remember the early days of the iPhone, in the early days of the App Store. I wonder if in the near future there will be some sort of bitcoin App Store, in which you could use your bitcoins for like infinite functions?

Even right now… You’re starting to see innovation happen, like people using bitcoin to back big loans, mortgages and the like?

JP Morgan will buy bitcoin sooner or later

JP Morgan Chase, I just actually found out that they are essentially sponsoring text stars LA, and assuming that JP Morgan Chase is all about money, monetary technology and wealth, wealth preservation and growth, it would almost be foolish for them to not build up their own bitcoin treasury reserve assets.

MicroStrategy is the sexiest stock and company on the planet

I think also what makes Michael Saylor so great relatable, and human is that he has done so many interviews video podcast interviews and the like, with pretty much everybody, and you get to see him as a real human being. Also his Twitter is amazing it is the only one I follow.

And it’s kind of crazy… Micro strategy is almost close to 400,000 bitcoins and if you go to saylortracker.com,  and just look at the simple graphs, and also the simple numerical tables and balances and balance sheets, all of the micro strategy bitcoin buys have yielded a grand profit! It’s all green!

New economics

Maybe the new field of economics is more like personal economics,  your own personal economic theory for yourself, your kids your family etc.

I guess the ultimate Takeaway point is you must posit this for yourself, not get it from others.

ERIC

***

So I think the whole time my quest was seeking to understand human behavior; this is my primary focus and inquiry about almost everything, my primum mobile, my first moving force.

For example, I think my introduction to sociology and psychology philosophy and now economics actually is all around this question.

Is human behavior “rational”?

According to Mises, and the Austrian school of economics, they believe it is rational. Not rational like if we think it is wise or foolish, but rational in so far much as giving individual agents, individual human beings dignity and respect, and knowing that as much as we might like to wag fingers about them doing something foolish, in fact, there is a deeper sense of logic that we may not understand on a superficial level, but there is often a deeper sense of meaning that we must try to decipher.

For example, when I often look at the behaviors of others, it seems befuddling to me, and also foolish on my end. But, I’m probably 100% certain the other people think the same about myself. And it seems unfitting for me to just put myself on a pedestal, and assume that all of my thoughts actions aims and desires are supreme, and everybody else beneath me is inferior.

The truth is I actually see myself as a pretty ordinary normal kind of average person. I think perhaps instead, my superpower lies around the fact that i’m kind of like a big kid, like I’m the most curious person that I personally know. And I think in modern day times, especially becoming an adult, I think curiosity is courageous. 

---

why do we like to criticize and critique other people?

So what is the number one favorite past time of Americans? Criticizing and critiquing the parenting behaviors of others.

First, if people gonna wanna act basic in a way that you don’t approve of, why do you care? Like are you going to pick it McDonald’s and Starbucks Frappuccino’s, trying to tell everyone not to consume it? To me this is kind of a waste of time and not very effective.

So then if I think about this deeply, why is it that we criticizing critique other people, their behaviors their thoughts the way they spend their money etc.?

First, I cannot speak for other people but let me talk from my perspective.

So for myself, maybe for me I’m trying to put myself in the issues of others, and essentially I’m just trying to share information knowledge wisdom experiences , trying to “help”others, as if I was them.

Now the reason why this might not always be a good thing is that there are a lot of people who do not want to be “helped”. There are some people who want to simply keep to themselves, and they don’t want to be disturbed, and that’s totally cool too.

Before seeking to understand others, seek to understand yourself?

So one big idea I have is maybe the losing bet is trying to work so hard to understand other people. Isn’t it more effective to try to seek to understand yourself?

So obviously everyone thinks different and is different, but I do think that maybe, by using yourself as your own magnifying glass, you could seek to understand all of humanity. Why?

First, my honest belief is that humans are more similar than dissimilar.  and also human motivations and desires have not changed much from ancient Greece. So for example this is where I find that reading to Emily Wilson translations of the Elliot and now the odyssey are really really fascinating because it gives us better insight into maybe more core critical human values, human nature in general?

Why does it matter?

My personal belief is that if you understand the route of human behavior action desires activity etc.… you kind of understand everything.

For example, in the context of sociology… My greatest Boon to studying sociology was it was like my gateway drug to understanding all of human society, and also, individual human actions and activities.

For example, sociology got me into psychology, which then got me into social media, social media marketing and blogging, and also… If history and travel and lifestyle, then philosophy, stoicism, Zen Zen Buddhism Taoism wabi sabi, ethics, aesthetics, and now the philosophy of money economics and bitcoin.

Curiosity is infinite

What is the greatest moving force on the planet? Curiosity. Curiosity means what you care for.

You cannot fake curiosity, nor can you force it. It is simply something that is natural innate, that which flows from within you.

And I think that may be the root of curiosity is enthusiasm, a god dwelling within you. Also the same notion of having a purpose in life, a passion, all kind of a similar thing.

my new purpose in life

I think it is not zero son; you can have more than one purpose in life, directive in life, imperative in life.

But once again, assuming that like 90% of the world’s problems are rooted in the economic, shouldn’t the Y strategy be to try to seek to understand “fix” or at least address the economic question?

Politics

I think when it comes down to it if you could just pinpoint one thing, it will always be 100% about the economy.

it’s the economy stupid!

Carthage must burn!

What is capitalism?

Capitalism economics, economic theory, it is all very critical.

So currently I think the modern day economists are the ones who are being fed endowment checks from Ivy League universities from Harvard Yale etc., and everyone is giving them the big bucks because they’re like the new modern day wizards or sorcerers. The general idea is if we could fund the economist to understand economic question, this will make the institution super super rich.

I cannot speak for institutions because I am just an individual and human being. And my whole realm of care is pretty small; my sphere of concern is myself, Cindy and Seneca, my mom, my sister and her future family and that’s pretty much it. This is my real family.

So first, my first imperative was securing a glorious and splendid future for myself Cindy Seneca my mom in our future growing family. And everything is optimized around this.

Other people are too abstract

So from the get-go, I’ve always only ever been interested in practical matters. Even the reason why I love Stoicism Zen and Taoism so much is that it actually applies to real reality. Even my interest in sociology was it was really really practical useful has real utility in the real world! I still will never forget my horrifying experience studying basic introduction to philosophy class in which the professor, tried to turn logical thinking into mathematics? This horrified me forever. Remember as an undergraduate, desiring to study philosophy, trying to figure out the meaning of life etc., and being stuck doing this insane mathematical equations?

Goals?

Maybe instead of goals, pathways are a more interesting idea. A Pak, pathway is kind of the general direction you tread, and go. And obviously there is a lot of flexibility which is possible here.

And what are the ultimate goals?

I think human human nature or at least for myself is about the zest of life of striving for more! For example, growth is a primary motivator to me.

I’ll give you example, increase overtime, yield overtime. For example, a very simple way to understand things for myself is that I like to see the number go up! Change over time brings me joy. 

For example, in terms of bitcoin, finances and monetary yield, I’d like to see the number go up, not down!

Also with weightlifting, powerlifting one rep Max lifting etc., I love to see my one rep Max numbers go up!

Even look at myself in the mirror, flexing my arms and biceps and seeing the growth of my biceps my triceps, my whole body. This brings me infinite joy, also seeing my body gaining a beautiful glow and bronze tan.

Even the joy of getting a clean fresh haircut from Cindy. Makes me feel so great and handsome!

why have a kid 

Assuming that your life is about joy maximization, having kids wireless one kid seems to make the most sense.

For example, Odysseus and his son; fighting together teaming up together, busting out the arrows and killing the suitors in hilarious fashion.

What is it that Odysseus wanted? It was super simple, just to go back home! To go back to his home  in Ithaca, with his wife Penelope, and his son. To grow old in his own land, with his wealth.

My goals?

What are my personal goals?

For myself, I want to stack the bitcoin into infinity and beyond. I want to buy it up all of it, .

340

So I was doing some mathematics, and it came to my attention that my favorite neighborhood of all time is comprise of 340 plots of land. Each plot of land being worth at least 1 million or $1.1 million.

So a simple mathematical equation is assuming that one plot of land is equivalent to one bitcoin, which means even right now… I believe the true worth of a bitcoin even in 2024 should be at least 1 million or $1.1 million.

So if I was a super awesome capitalist, I would just buy up the whole neighborhood. All 340 plots of land.

17×20

For example, each little square block in my neighborhood has about 20 single-family homes, or at least 20 lots of land. Each plot of land is subdivided into around 5000 ft.².

And then there is about 17 square blocks, so 340 is 17×20.

The new real estate is cyber real estate

So let us break it down real estate, or property. Or a single-family home whatever.

First, the goal is to own the land, how much land? you want to own the best land, the most prime land, in the most prime location, there is no second best.

So for example, it is my personal belief that in all of America maybe, Culver City, Los Angeles, CA 90232 is like 100% the best city in America, maybe the planet.

Why? Supreme weather, supreme infrastructure, and a relatively small and modest city which feels like a big town. I think of Culver City like travel town, also another railroad LA public park you got to check out with your kid.

Anyways, I think the thing with physical land and zoning which is interesting is that I guess you could expand the zoning of a city in a province but still… Even if you expand it upwards, there will be some other spots some other epicenters which are superior to other ones.

There is no second best

I think this is a really really difficult concept to grasp, probably one of the best nuggets of wisdom from Michael Saylor.

So for example, the best or nothing.

Certainly the best car to own even if you were a trillionaire, in terms of comfort convenience and quality is probably a Lexus car. Not a loser Rolls-Royce, which is essentially a BMW with a body kit, not a Mercedes which is an unreliable triangle German loser car, not a Porsche which is essentially a Volkswagen beetle with a body kit, not a Lamborghini which is essentially a Volkswagen Passat on steroids, Not a Ferrari which is just like the ultimate deflationary asset?

Certainly it is like Tesla or nothing. There is no second best electric vehicle. Tesla is the only electric vehicle.

Bitcoin is the same. There is no second best. Not loser Ethereum, which is like having a Samsung android smart phone, the functionality might be better but nobody wants it. Everyone will always want the newest iPhone Pro, which is essentially like bitcoin. Except bitcoin is like 1 trillion times more valuable because it is an appreciating asset, rather than an iPhone Pro which is just a carpal tunnel inducing device, like a vape cigarette, an electronic cigarette.

People always talk about how bitcoin is bad for the planet, but don’t you fools realize that apple is bad for the planet? Apple is essentially leveraging slave labor in mainland China, fox con, putting up nuts so workers don’t commit suicide, and then getting all these millennials, Gen Z vegans to purchase these overpriced iPhones? Apple might be the real scourge to the planet not bitcoin or meat.

Spreading the gospel of bitcoin

I’m  starting to get the sense that actually… Maybe bitcoin will become the new religion, maybe it already is?

Michael Saylor is like one of the living prophets, kind of like Saint Jude, or one of the patron Saints, like Patrick said on his podcast.

Also, Satoshi is like the new Jesus who did the immaculate conception and ascended back into heaven, disappearing forever.

Maybe Vitalik of Ethereum is like the guy who is building the statue of Babel? The new tower of Babel?

Why bitcoin is so ethical

Once again, it is an acid without an issuer, it is like gold, it is ethical. However, it is 1 trillion times more ethical than gold because gold is dug up using slave labor, human slave labor, and all this toxic chemicals and pollution created to harvest it from the Earth.

What is also interesting to me from an environmental perspective is that the goal of a minor will always be to use the cheapest electricity to mine bitcoin. So in fact, the intelligence strategy if you were a minor is to just power your whole mining operation with like nuclear energy or other innovative energy sources which cost pretty much nothing. The downside of coal is that actually it is pretty expensive, ignore the fig news from mainland China.

Also another dirty secret, the only reason why bitcoin got all this fake news about it being bad for the planet was Sam Bankman-Fried, the scam artist behind FTX, essentially paid millions of dollars to Democrats, Tom Brady, politicians influencers and the like and media outlets, also to major league baseball whatever, to spread this fake notion that bitcoin was bad for the planet, because he just wanted to pump up his own fake FTT coin, which is essentially like cotton candy.

This is where the whole notion of proof of stake is positively moronic; only real value could be from real work, based in physics, physical reality. You must have to consume real electronic analog energy to produce a bitcoin which is what gives it its value. Not proof mistake which is just like an American colonist pulling up to the shores, putting a flag staking it into the ground and saying “this belongs to me!”

If you are anti-colonialism, you do not believe in proof of stake. 

a new, more ethical form of capitalism?

I think this is a really really really big idea. The idea and belief in fact, bitcoin could actually become a more ethical form of capitalism?

Cyber capitalism

So the big idea here is that cyber capitalism, if we think cyberspace, it is all so much more ethical.

For example, in cyberspace there is no human death, no missiles, no refugees or hostages no human genocide.

In cyberspace, it is all about wisdom truth, sovereignty and rights.

For example, in cyberspace, no human beings are ever harmed. And if we think about the new arms race, the new arms race should simply be a bitcoin arms race, the basic idea that in fact, instead of stockpiling nukes, we stockpile the bitcoin instead!

Building your own war chest for your family

We are still in year zero of bitcoin, starting January 2025 will be year one.

So one of the first very simple ideas I have is that currently, the use cases of bitcoin is still sparse. Imagine and remember the early days of the iPhone, in the early days of the App Store. I wonder if in the near future there will be some sort of bitcoin App Store, in which you could use your bitcoins for like infinite functions?

Even right now… You’re starting to see innovation happen, like people using bitcoin to back big loans, mortgages and the like?

JP Morgan will buy bitcoin sooner or later

JP Morgan Chase, I just actually found out that they are essentially sponsoring text stars LA, and assuming that JP Morgan Chase is all about money, monetary technology and wealth, wealth preservation and growth, it would almost be foolish for them to not build up their own bitcoin treasury reserve assets.

MicroStrategy is the sexiest stock and company on the planet

I think also what makes Michael Saylor so great relatable, and human is that he has done so many interviews video podcast interviews and the like, with pretty much everybody, and you get to see him as a real human being. Also his Twitter is amazing it is the only one I follow.

And it’s kind of crazy… Micro strategy is almost close to 400,000 bitcoins and if you go to saylortracker.com,  and just look at the simple graphs, and also the simple numerical tables and balances and balance sheets, all of the micro strategy bitcoin buys have yielded a grand profit! It’s all green!

New economics

Maybe the new field of economics is more like personal economics,  your own personal economic theory for yourself, your kids your family etc.

I guess the ultimate Takeaway point is you must posit this for yourself, not get it from others.

ERIC

***

Tell the old story for our modern times

Find the beginning

.

The brutal sack of Troy

Sail safely home to their wives

The man was friendless

Hundred cattle, hundred rams

Banquet

They themselves increase it by folly

Folly

Sack

Perceptive Hermes flashed into sight

His death paid all debts

No friends

Holds up the pillars of the sea

The cloud god

More sensible than other humans

How can he get back home?

–> getting back home is the goal!

Hermes the giant slayer

Rouse the courage of his son

Notable reputation

To understand human thinking action behaviors and decisions and desires read Iliad, odyssey.

Golden

Quick attentive house slaves

Carve up heaping plates of meat

Feeling dejected?

Go courage

Gaining back his honor, control all his property
.

Good evening stranger and welcome. Be our guest and tell us what you need.

Share our dinner

.

Stores of weapons

Signing and dancing, glories of the feast

Only interested in music, a life of ease they make no contribution

Wealth and gold and fancy clothes?

Clear bright eyes

I am no prophet

He is resourceful

Grow old at his home with all his wealth

Sparkling eyes

You and your sons will make name in history because you are so clever

Arrogant and self indulgent

.

Moodily

Our future bright when he was still at home

Win fame for his son

Nameless, unknown

Eating, spoiling the house

.

Light feet

.

Black is the color of death? 

Unwavering, unflinching

Don’t flinch. 

As close to the floor as possible

With shoes and life in general, best to be maximally close to the floor?

Also with homes… Just one story, maximum closeness to the ground!

Even if you were a trillionaire, having a multi story home is actually not a desired thing. Less stability , worse?

Even with cars, the best car is like in the slammed to the floor, ideally as close to the floor as possible. Better to have like a Tesla model S plaid, lowered, or even a Tesla model three performance, not a cyber truck or any other lifted SUV vehicle.

Even in terms of cars, the best car actually might be like a McLaren, maximally like small compact, closest to the floor possible! And honestly, at this point, it really isn’t about power anymore, nobody really cares about how fast your car is because I just want the fastest car on the planet, you just buy a Tesla.But people don’t want this

The Real desires of people? 

Goods, commodities and wealth and other notions of conduct — not elements of nature but human meaning and conduct.

Choice under scarcity.

Not nation race or church

Purposeful behavior

Action is will out into operation

Study individuals.

Product of deliberate reason , just assume as others as rational!

Man reasons and acts

Volition

Falls short of expectation

Situation or situational change

Logical deduction

Seek to understand human action and behavior!

.

Stable, stable land

So I think the whole time my quest was seeking to understand human behavior; this is my primary focus and inquiry about almost everything, my primum mobile, my first moving force.

For example, I think my introduction to sociology and psychology philosophy and now economics actually is all around this question.

Is human behavior “rational”?

According to Mises, and the Austrian school of economics, they believe it is rational. Not rational like if we think it is wise or foolish, but rational in so far much as giving individual agents, individual human beings dignity and respect, and knowing that as much as we might like to wag fingers about them doing something foolish, in fact, there is a deeper sense of logic that we may not understand on a superficial level, but there is often a deeper sense of meaning that we must try to decipher.

For example, when I often look at the behaviors of others, it seems befuddling to me, and also foolish on my end. But, I’m probably 100% certain the other people think the same about myself. And it seems unfitting for me to just put myself on a pedestal, and assume that all of my thoughts actions aims and desires are supreme, and everybody else beneath me is inferior.

The truth is I actually see myself as a pretty ordinary normal kind of average person. I think perhaps instead, my superpower lies around the fact that i’m kind of like a big kid, like I’m the most curious person that I personally know. And I think in modern day times, especially becoming an adult, I think curiosity is courageous. 

---

why do we like to criticize and critique other people?

So what is the number one favorite past time of Americans? Criticizing and critiquing the parenting behaviors of others.

First, if people gonna wanna act basic in a way that you don’t approve of, why do you care? Like are you going to pick it McDonald’s and Starbucks Frappuccino’s, trying to tell everyone not to consume it? To me this is kind of a waste of time and not very effective.

So then if I think about this deeply, why is it that we criticizing critique other people, their behaviors their thoughts the way they spend their money etc.?

First, I cannot speak for other people but let me talk from my perspective.

So for myself, maybe for me I’m trying to put myself in the issues of others, and essentially I’m just trying to share information knowledge wisdom experiences , trying to “help”others, as if I was them.

Now the reason why this might not always be a good thing is that there are a lot of people who do not want to be “helped”. There are some people who want to simply keep to themselves, and they don’t want to be disturbed, and that’s totally cool too.

Before seeking to understand others, seek to understand yourself?

So one big idea I have is maybe the losing bet is trying to work so hard to understand other people. Isn’t it more effective to try to seek to understand yourself?

So obviously everyone thinks different and is different, but I do think that maybe, by using yourself as your own magnifying glass, you could seek to understand all of humanity. Why?

First, my honest belief is that humans are more similar than dissimilar.  and also human motivations and desires have not changed much from ancient Greece. So for example this is where I find that reading to Emily Wilson translations of the Elliot and now the odyssey are really really fascinating because it gives us better insight into maybe more core critical human values, human nature in general?

Why does it matter?

My personal belief is that if you understand the route of human behavior action desires activity etc.… you kind of understand everything.

For example, in the context of sociology… My greatest Boon to studying sociology was it was like my gateway drug to understanding all of human society, and also, individual human actions and activities.

For example, sociology got me into psychology, which then got me into social media, social media marketing and blogging, and also… If history and travel and lifestyle, then philosophy, stoicism, Zen Zen Buddhism Taoism wabi sabi, ethics, aesthetics, and now the philosophy of money economics and bitcoin.

Curiosity is infinite

What is the greatest moving force on the planet? Curiosity. Curiosity means what you care for.

You cannot fake curiosity, nor can you force it. It is simply something that is natural innate, that which flows from within you.

And I think that may be the root of curiosity is enthusiasm, a god dwelling within you. Also the same notion of having a purpose in life, a passion, all kind of a similar thing.

my new purpose in life

I think it is not zero son; you can have more than one purpose in life, directive in life, imperative in life.

But once again, assuming that like 90% of the world’s problems are rooted in the economic, shouldn’t the Y strategy be to try to seek to understand “fix” or at least address the economic question?

Politics

I think when it comes down to it if you could just pinpoint one thing, it will always be 100% about the economy.

it’s the economy stupid!

Carthage must burn!

What is capitalism?

Capitalism economics, economic theory, it is all very critical.

So currently I think the modern day economists are the ones who are being fed endowment checks from Ivy League universities from Harvard Yale etc., and everyone is giving them the big bucks because they’re like the new modern day wizards or sorcerers. The general idea is if we could fund the economist to understand economic question, this will make the institution super super rich.

I cannot speak for institutions because I am just an individual and human being. And my whole realm of care is pretty small; my sphere of concern is myself, Cindy and Seneca, my mom, my sister and her future family and that’s pretty much it. This is my real family.

So first, my first imperative was securing a glorious and splendid future for myself Cindy Seneca my mom in our future growing family. And everything is optimized around this.

Other people are too abstract

So from the get-go, I’ve always only ever been interested in practical matters. Even the reason why I love Stoicism Zen and Taoism so much is that it actually applies to real reality. Even my interest in sociology was it was really really practical useful has real utility in the real world! I still will never forget my horrifying experience studying basic introduction to philosophy class in which the professor, tried to turn logical thinking into mathematics? This horrified me forever. Remember as an undergraduate, desiring to study philosophy, trying to figure out the meaning of life etc., and being stuck doing this insane mathematical equations?

Goals?

Maybe instead of goals, pathways are a more interesting idea. A Pak, pathway is kind of the general direction you tread, and go. And obviously there is a lot of flexibility which is possible here.

And what are the ultimate goals?

I think human human nature or at least for myself is about the zest of life of striving for more! For example, growth is a primary motivator to me.

I’ll give you example, increase overtime, yield overtime. For example, a very simple way to understand things for myself is that I like to see the number go up! Change over time brings me joy. 

For example, in terms of bitcoin, finances and monetary yield, I’d like to see the number go up, not down!

Also with weightlifting, powerlifting one rep Max lifting etc., I love to see my one rep Max numbers go up!

Even look at myself in the mirror, flexing my arms and biceps and seeing the growth of my biceps my triceps, my whole body. This brings me infinite joy, also seeing my body gaining a beautiful glow and bronze tan.

Even the joy of getting a clean fresh haircut from Cindy. Makes me feel so great and handsome!

why have a kid 

Assuming that your life is about joy maximization, having kids wireless one kid seems to make the most sense.

For example, Odysseus and his son; fighting together teaming up together, busting out the arrows and killing the suitors in hilarious fashion.

What is it that Odysseus wanted? It was super simple, just to go back home! To go back to his home  in Ithaca, with his wife Penelope, and his son. To grow old in his own land, with his wealth.

My goals?

What are my personal goals?

For myself, I want to stack the bitcoin into infinity and beyond. I want to buy it up all of it, .

340

So I was doing some mathematics, and it came to my attention that my favorite neighborhood of all time is comprise of 340 plots of land. Each plot of land being worth at least 1 million or $1.1 million.

So a simple mathematical equation is assuming that one plot of land is equivalent to one bitcoin, which means even right now… I believe the true worth of a bitcoin even in 2024 should be at least 1 million or $1.1 million.

So if I was a super awesome capitalist, I would just buy up the whole neighborhood. All 340 plots of land.

17×20

For example, each little square block in my neighborhood has about 20 single-family homes, or at least 20 lots of land. Each plot of land is subdivided into around 5000 ft.².

And then there is about 17 square blocks, so 340 is 17×20.

The new real estate is cyber real estate

So let us break it down real estate, or property. Or a single-family home whatever.

First, the goal is to own the land, how much land? you want to own the best land, the most prime land, in the most prime location, there is no second best.

So for example, it is my personal belief that in all of America maybe, Culver City, Los Angeles, CA 90232 is like 100% the best city in America, maybe the planet.

Why? Supreme weather, supreme infrastructure, and a relatively small and modest city which feels like a big town. I think of Culver City like travel town, also another railroad LA public park you got to check out with your kid.

Anyways, I think the thing with physical land and zoning which is interesting is that I guess you could expand the zoning of a city in a province but still… Even if you expand it upwards, there will be some other spots some other epicenters which are superior to other ones.

There is no second best

I think this is a really really difficult concept to grasp, probably one of the best nuggets of wisdom from Michael Saylor.

So for example, the best or nothing.

Certainly the best car to own even if you were a trillionaire, in terms of comfort convenience and quality is probably a Lexus car. Not a loser Rolls-Royce, which is essentially a BMW with a body kit, not a Mercedes which is an unreliable triangle German loser car, not a Porsche which is essentially a Volkswagen beetle with a body kit, not a Lamborghini which is essentially a Volkswagen Passat on steroids, Not a Ferrari which is just like the ultimate deflationary asset?

Certainly it is like Tesla or nothing. There is no second best electric vehicle. Tesla is the only electric vehicle.

Bitcoin is the same. There is no second best. Not loser Ethereum, which is like having a Samsung android smart phone, the functionality might be better but nobody wants it. Everyone will always want the newest iPhone Pro, which is essentially like bitcoin. Except bitcoin is like 1 trillion times more valuable because it is an appreciating asset, rather than an iPhone Pro which is just a carpal tunnel inducing device, like a vape cigarette, an electronic cigarette.

People always talk about how bitcoin is bad for the planet, but don’t you fools realize that apple is bad for the planet? Apple is essentially leveraging slave labor in mainland China, fox con, putting up nuts so workers don’t commit suicide, and then getting all these millennials, Gen Z vegans to purchase these overpriced iPhones? Apple might be the real scourge to the planet not bitcoin or meat.

Spreading the gospel of bitcoin

I’m  starting to get the sense that actually… Maybe bitcoin will become the new religion, maybe it already is?

Michael Saylor is like one of the living prophets, kind of like Saint Jude, or one of the patron Saints, like Patrick said on his podcast.

Also, Satoshi is like the new Jesus who did the immaculate conception and ascended back into heaven, disappearing forever.

Maybe Vitalik of Ethereum is like the guy who is building the statue of Babel? The new tower of Babel?

Why bitcoin is so ethical

Once again, it is an acid without an issuer, it is like gold, it is ethical. However, it is 1 trillion times more ethical than gold because gold is dug up using slave labor, human slave labor, and all this toxic chemicals and pollution created to harvest it from the Earth.

What is also interesting to me from an environmental perspective is that the goal of a minor will always be to use the cheapest electricity to mine bitcoin. So in fact, the intelligence strategy if you were a minor is to just power your whole mining operation with like nuclear energy or other innovative energy sources which cost pretty much nothing. The downside of coal is that actually it is pretty expensive, ignore the fig news from mainland China.

Also another dirty secret, the only reason why bitcoin got all this fake news about it being bad for the planet was Sam Bankman-Fried, the scam artist behind FTX, essentially paid millions of dollars to Democrats, Tom Brady, politicians influencers and the like and media outlets, also to major league baseball whatever, to spread this fake notion that bitcoin was bad for the planet, because he just wanted to pump up his own fake FTT coin, which is essentially like cotton candy.

This is where the whole notion of proof of stake is positively moronic; only real value could be from real work, based in physics, physical reality. You must have to consume real electronic analog energy to produce a bitcoin which is what gives it its value. Not proof mistake which is just like an American colonist pulling up to the shores, putting a flag staking it into the ground and saying “this belongs to me!”

If you are anti-colonialism, you do not believe in proof of stake. 

a new, more ethical form of capitalism?

I think this is a really really really big idea. The idea and belief in fact, bitcoin could actually become a more ethical form of capitalism?

Cyber capitalism

So the big idea here is that cyber capitalism, if we think cyberspace, it is all so much more ethical.

For example, in cyberspace there is no human death, no missiles, no refugees or hostages no human genocide.

In cyberspace, it is all about wisdom truth, sovereignty and rights.

For example, in cyberspace, no human beings are ever harmed. And if we think about the new arms race, the new arms race should simply be a bitcoin arms race, the basic idea that in fact, instead of stockpiling nukes, we stockpile the bitcoin instead!

Building your own war chest for your family

We are still in year zero of bitcoin, starting January 2025 will be year one.

So one of the first very simple ideas I have is that currently, the use cases of bitcoin is still sparse. Imagine and remember the early days of the iPhone, in the early days of the App Store. I wonder if in the near future there will be some sort of bitcoin App Store, in which you could use your bitcoins for like infinite functions?

Even right now… You’re starting to see innovation happen, like people using bitcoin to back big loans, mortgages and the like?

JP Morgan will buy bitcoin sooner or later

JP Morgan Chase, I just actually found out that they are essentially sponsoring text stars LA, and assuming that JP Morgan Chase is all about money, monetary technology and wealth, wealth preservation and growth, it would almost be foolish for them to not build up their own bitcoin treasury reserve assets.

MicroStrategy is the sexiest stock and company on the planet

I think also what makes Michael Saylor so great relatable, and human is that he has done so many interviews video podcast interviews and the like, with pretty much everybody, and you get to see him as a real human being. Also his Twitter is amazing it is the only one I follow.

And it’s kind of crazy… Micro strategy is almost close to 400,000 bitcoins and if you go to saylortracker.com,  and just look at the simple graphs, and also the simple numerical tables and balances and balance sheets, all of the micro strategy bitcoin buys have yielded a grand profit! It’s all green!

New economics

Maybe the new field of economics is more like personal economics,  your own personal economic theory for yourself, your kids your family etc.

I guess the ultimate Takeaway point is you must posit this for yourself, not get it from others.

ERIC

***

Black out tape?

Becoming more visible or invisible?

STAY FOCUSED.

Is focus a virtue?

FUTURE SOLDIER.

hoard the best?

Once you found or discovered the best, then what?

Then maybe the next step is just hoard the best! 

For example, hoard the property, hoard bitcoin!

---

The best camera is a Panasonic-LUMIX?

It’s funny, Panasonic Lumix is almost like the Lexus, the reality is that the Lexus is the best car, yet it is certainly not as flashy is having the Mercedes or whatever. But it is the best.

Maybe also similarly speaking, everyone always thinks that the Leica camera is the best, but it is not. It is the Panasonic LUMIX.

Even the dirty seeker of Leica, essentially all of her digital technologies, I believe we’re actually inherited from Panasonic LUMIX. Why? Just look at the Leica Q camera, it uses the same batteries as a Panasonic Lumix battery! That’s like 100% proof.

---

Why do people desire the second best?

My only working theory is that the only reason people want the second best is because they want to be different, the cult of different is that the general idea is that somehow, being different is superior?

But this is actually not the case. Bitcoin is the best, everything else sucks. Like really bad.

To me bitcoin is like being the raging dragon in the Lord of the rings, and everything else is like the dwarf hobbit midgets?

Goliath or midget?

Do you want to be the giant, the giant slayer or the munchkin midgets?

---

better to die enormous than lie dormant

JAY Z GOALS

Does your car make you tough?

 obviously not! Otherwise you just be a midget in a cyber truck

.

The Titan, the leviathan!

the cost of living

This doesn’t really interest me anymore?

.

OVERPOWER, OVERWISDOM?

.

delete x10

Nobody cares about aerodynamics?

.

Matte black Honda Odyssey?

  let’s make it work, let’s make it happen! Especially in which everybody wins!

It must be a win-win scenario for all!

Secure future for your mom, your kid your wife, your future kids your family?

90% in the cyber realm, 10% in the real realm?

8020 split; 80% of your wealth in bitcoin, maybe 20% of your wealth in physical real estate?

Tell the old story for our modern times

Find the beginning

.

The brutal sack of Troy

Sail safely home to their wives

The man was friendless

Hundred cattle, hundred rams

Banquet

They themselves increase it by folly

Folly

Sack

Perceptive Hermes flashed into sight

His death paid all debts

No friends

Holds up the pillars of the sea

The cloud god

More sensible than other humans

How can he get back home?

–> getting back home is the goal!

Hermes the giant slayer

Rouse the courage of his son

Notable reputation

To understand human thinking action behaviors and decisions and desires read Iliad, odyssey.

Golden

Quick attentive house slaves

Carve up heaping plates of meat

Feeling dejected?

Go courage

Gaining back his honor, control all his property
.

Good evening stranger and welcome. Be our guest and tell us what you need.

Share our dinner

.

Stores of weapons

Signing and dancing, glories of the feast

Only interested in music, a life of ease they make no contribution

Wealth and gold and fancy clothes?

Clear bright eyes

I am no prophet

He is resourceful

Grow old at his home with all his wealth

Sparkling eyes

You and your sons will make name in history because you are so clever

Arrogant and self indulgent

.

Moodily

Our future bright when he was still at home

Win fame for his son

Nameless, unknown

Eating, spoiling the house

.

Light feet

.

Black is the color of death? 

Unwavering, unflinching

Don’t flinch. 

As close to the floor as possible

With shoes and life in general, best to be maximally close to the floor?

Also with homes… Just one story, maximum closeness to the ground!

Even if you were a trillionaire, having a multi story home is actually not a desired thing. Less stability , worse?

Even with cars, the best car is like in the slammed to the floor, ideally as close to the floor as possible. Better to have like a Tesla model S plaid, lowered, or even a Tesla model three performance, not a cyber truck or any other lifted SUV vehicle.

Even in terms of cars, the best car actually might be like a McLaren, maximally like small compact, closest to the floor possible! And honestly, at this point, it really isn’t about power anymore, nobody really cares about how fast your car is because I just want the fastest car on the planet, you just buy a Tesla.But people don’t want this

The Real desires of people? 

It’s more simple, just cause and effect!

So for example, if a man or a father act poorly to his wife and his children… The obvious effect is that their children will shine the father in eternity for the negative forever!

And also… Maybe even the mother or the grandmother of that bad father, should be held liable;

---

Physical ethics 

Maybe the interesting thought here is understanding that all sorts of ethical behavior from certain entities will result in a real experience.

For example, if you have an annoying family member or negative family member or a bad family member, obviously their behaviors will manifest in which once again, you shall shun them.

Even other people, once again their ethics, their behavior is their attitudes the way they interact with you talk to you or don’t talk to you, will manifest itself in some sort of real type of behavior from you.

Social physics?

Negativity breathes negativity, positivity attracts positivity? Isn’t this obvious?

The reason why this is a good one is that maybe we should not ascribe any sort of moralistic judgment to any of it, once again, mere physics, cause-and-effect. 

Don’t criticize people for their decisions

It’s more simple, just cause and effect!

So for example, if a man or a father act poorly to his wife and his children… The obvious effect is that their children will shine the father in eternity for the negative forever!

And also… Maybe even the mother or the grandmother of that bad father, should be held liable;

---

Physical ethics 

Maybe the interesting thought here is understanding that all sorts of ethical behavior from certain entities will result in a real experience.

For example, if you have an annoying family member or negative family member or a bad family member, obviously their behaviors will manifest in which once again, you shall shun them.

Even other people, once again their ethics, their behavior is their attitudes the way they interact with you talk to you or don’t talk to you, will manifest itself in some sort of real type of behavior from you.

Social physics?

Negativity breathes negativity, positivity attracts positivity? Isn’t this obvious?

The reason why this is a good one is that maybe we should not ascribe any sort of moralistic judgment to any of it, once again, mere physics, cause-and-effect. 

So I think the whole time my quest was seeking to understand human behavior; this is my primary focus and inquiry about almost everything, my primum mobile, my first moving force.

For example, I think my introduction to sociology and psychology philosophy and now economics actually is all around this question.

Is human behavior “rational”?

According to Mises, and the Austrian school of economics, they believe it is rational. Not rational like if we think it is wise or foolish, but rational in so far much as giving individual agents, individual human beings dignity and respect, and knowing that as much as we might like to wag fingers about them doing something foolish, in fact, there is a deeper sense of logic that we may not understand on a superficial level, but there is often a deeper sense of meaning that we must try to decipher.

For example, when I often look at the behaviors of others, it seems befuddling to me, and also foolish on my end. But, I’m probably 100% certain the other people think the same about myself. And it seems unfitting for me to just put myself on a pedestal, and assume that all of my thoughts actions aims and desires are supreme, and everybody else beneath me is inferior.

The truth is I actually see myself as a pretty ordinary normal kind of average person. I think perhaps instead, my superpower lies around the fact that i’m kind of like a big kid, like I’m the most curious person that I personally know. And I think in modern day times, especially becoming an adult, I think curiosity is courageous. 

---

why do we like to criticize and critique other people?

So what is the number one favorite past time of Americans? Criticizing and critiquing the parenting behaviors of others.

First, if people gonna wanna act basic in a way that you don’t approve of, why do you care? Like are you going to pick it McDonald’s and Starbucks Frappuccino’s, trying to tell everyone not to consume it? To me this is kind of a waste of time and not very effective.

So then if I think about this deeply, why is it that we criticizing critique other people, their behaviors their thoughts the way they spend their money etc.?

First, I cannot speak for other people but let me talk from my perspective.

So for myself, maybe for me I’m trying to put myself in the issues of others, and essentially I’m just trying to share information knowledge wisdom experiences , trying to “help”others, as if I was them.

Now the reason why this might not always be a good thing is that there are a lot of people who do not want to be “helped”. There are some people who want to simply keep to themselves, and they don’t want to be disturbed, and that’s totally cool too.

Pretty excited, now that Black Friday and Thanksgiving is over, December 1, time for us to experience the best Christmas of all time!

” a possible blue green imbalance on saylortracker.com?”

Not to just hate or criticize it

Humans! Hormesis and biology! Yippie!

Bitcoin is my new social?

Capitalism as productive, accretive,,, yielding upwards and growth. Consumerism is like the total opposite?

Is it possible to have a pro capitalist framework which is anti consumerist?

Yes— Bitcoin!

Bitcoin as anti consumerism, pro capitalism? Digital Capitalism? Cyber Capitalism?

Ok this is starting to get out of hand ,,,

Kanye made all of it cool and desired? No Kanye, no Rolls, no Lambo, no Louis V, no nothing!

Ironically enough true luxury is more analogue?

Just make aesthetics your apex value, all else shall follow —

Obviously you’d want the Bitcoin!

The next 4 years Trump in office ,,, Jan 20, 2025 to 2029 — the next 4 years will be the next 4 years of the most amazing economic prosperity of all time? Especially if you’re on the Bitcoin standard, MSTR, microstrategy and Bitcoin!

Projections

Traditionally BTC is 60% ARR, MSTR is 120% ARR. Maybe with Trump, we can double that?

BTC target 120% ARR, MSTR 240% ARR?

Show also $150k ARR 240% over 4 years

Here’s a year-by-year breakdown of ARR growth starting from $150k with a 240% annual growth rate over 4 years:

Formula Recap:

Where:

• ARR at Year 0 = $150k

• Growth Rate = 240% = 2.4

•

Year-by-Year Growth:

1. Year 0 (Starting ARR): $150,000

2. Year 1:

ARR: $510,000

3. Year 2:

ARR: $1.734M

4. Year 3:

ARR: $5.896M

5. Year 4:

ARR: $20.046M

Summary:

• Year 0: $150,000

• Year 1: $510,000

• Year 2: $1.734M

• Year 3: $5.896M

• Year 4: $20.046M

---

1.9$M ARR of 120% for 4 years

Here’s a year-by-year breakdown of ARR growth with a 120% annual growth rate starting from $1.9M:

1. Year 0 (Starting ARR): $1.9M

2. Year 1:

ARR: $4.18M

3. Year 2:

ARR: $9.20M

4. Year 3:

ARR: $20.24M

5. Year 4:

ARR: $44.53M

Summary:

• Year 0: $1.90M

• Year 1: $4.18M

• Year 2: $9.20M

• Year 3: $20.24M

• Year 4: $44.53M

…

To calculate the cumulative ARR (Annual Recurring Revenue) growth over four years with a 120% annual growth rate, here’s how it works:

Formula:

Where:

• ARR at Year 0 = $1.9M

• Growth Rate = 120% = 1.2

•

Let’s calculate:

So, the ARR after four years will be approximately $44.51M.

Bitcoin is not risky, just high voltage, high volatility? It’s almost like no risk, no hazard or peril — “If it’s not going to zero it’s going to a million”— (Saylor) and now — I’m quite certain Bitcoin will keep going up, at a phenomenal rate, forever!

To dare or venture?

---

The word “risk” has a rich and somewhat complex etymological history that traces back through several languages and centuries. Here’s a detailed overview of its origins and evolution:

Origins in Italian and Spanish

• Italian “risicare”: The English word “risk” is believed to derive from the Italian verb “risicare,” which means “to dare” or “to venture.” This term encapsulates the essence of taking a chance or facing potential danger, aligning closely with the contemporary meaning of “risk.”

• Spanish “riesgo”: The Italian “risicare” likely borrowed from the Spanish word “riesgo,” which translates to “danger” or “hazard.” The Spanish term has been used historically to describe the perils associated with maritime voyages, trading, and other ventures, emphasizing the inherent uncertainties involved.

Possible Arabic Influence

• Arabic “ar-Risk”: Some etymologists suggest a possible influence from the Arabic word “ar-risk,” although this connection is less certain. During the medieval period, Arabic had a significant impact on European languages, especially in the realms of trade, science, and navigation, which could have facilitated the transmission of terms related to danger and uncertainty.

Transition into English

• Late 16th Century Adoption: The word “risk” entered the English language in the late 16th century, initially retaining meanings related to “danger” and “hazard.” Over time, its usage expanded to encompass a broader range of uncertainties and potential negative outcomes in various contexts, including finance, health, and everyday decision-making.

Related Words and Derivatives

• “Risky”: An adjective form meaning “full of risk” or “hazardous.”

• “Riskiness”: A noun form referring to the quality of being risky.

• “Riskless” / “Risk-Free”: Terms used to describe situations or investments that are devoid of risk.

Semantic Evolution

While the core concept of “risk” has remained centered around the idea of uncertainty and potential negative consequences, its applications have broadened significantly. In modern usage, “risk” can pertain to various fields such as:

• Finance: The possibility of losing money on an investment.

• Health: The likelihood of developing a disease or injury.

• Everyday Life: The chances involved in daily decisions and actions.

Summary

In summary, the word “risk” originated from the Italian “risicare,” meaning “to dare,” and likely passed through Spanish “riesgo,” meaning “danger.” Its adoption into English in the late 16th century brought with it connotations of danger and uncertainty, which have since expanded to various aspects of modern life. The term’s journey through languages reflects the universal human engagement with uncertainty and the challenges of venturing into the unknown.