Why are people so tied to their non-bitcoin things?

Alternative is bad!

Dominant is best! Invest in the dominant network!

Calculate return on $1,000 investment 

To calculate the return on a $1,000 investment when Bitcoin grows from $89,000 to $55,000,000:

1. X Gain (already calculated): 618x

Final Answer:

A $1,000 investment would grow to $618,000.

***

On $200

To calculate the return on a $200 investment:

1. X Gain: 618x (previously calculated)

Final Answer:

A $200 investment would grow to $123,600.

If bitcoin is $89k, and grows to $55m a coin, what X and percentage gain?

To calculate the X gain and percentage gain, let’s break it down:

1. X Gain:

2. Percentage Gain:

Final Answer:

• X Gain: ~618x

• Percentage Gain: ~61,798%

Only happiness, joy & good vibes?

Only happiness!

It is your duty to be happy?

Pecuniary — illegal in the Bible?

Conquering cyberspace!

My new impetus:

Capture and gain more BTC at any cost!

And a big thing:

Don’t think about the USD value of a bitcoin, instead —, think about how cheaply you can borrow or leverage the USD to gain more bitcoin!

Brave New World of Bitcoin

1. The Best Time to Buy Bitcoin is on the Weekends?
2. How to Get Free Bitcoins
3. Why Bitcoin is All-American
4. The Will to Bitcoin
5. 10x
6. Introduction to Bitcoin
7. Bitcoin Meditations
8. Options
9. Bitcoin for Investors
10. Paradise Bitcoin
11. The Philosophy of Volatility
12. Bitcoin is Free Speech
13. Digital Capital
14. BRAVE NEW WORLD OF DIGITAL CAPITAL
15. Bitcoin Economics
16. Bitcoin Philosophy

Last week, $MSTR‘s treasury operations delivered a BTC Yield of 12.3%, providing a net benefit of ~40,738 BTC to our shareholders, or ~5820 BTC per day. At $93.5K per BTC, that would equate to $3.8 billion for the week, or $544 million each day. @saylor

5280 BTC per day

How to grow more and faster, and also —, capitalism is all about growth?

Growth at all costs!

Economics by KIM

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

Cities of the future,,, wouldn’t we use a native internet based currency, money and capital?

The sign of a true entrepreneur!

Entrepreneurship by KIM

Change and do, and build or do things differently … based on what you believe the ideal world *should* look like:

1. INSANE FOCUS.
2. SHARE AS YOU LEARN.
3. VIA NEGATIVA SUCCESS
4. Emotional Readiness is *Physical* Readiness?
5. Annoyance & Entrepreneurship
6. Why Doesn’t Anything Satisfy Me?
7. ZERO FINANCIAL CONCERNS
8. How to Gain Ascendancy
9. Business vs Entrepreneurship?
10. TAKE REAL CHANCES
11. Making Money as a Hobby
12. The Best Exercises for Entrepreneurs
13. INCOME VS EXPENSES MONEY LIFESTYLE PHILOSOPHY
14. Entrepreneurship is the privilege of being able to attempt something new
15. How to Become More Influential
16. The Point of Life is Entrepreneurship?
17. How to Think Like an Entrepreneur
18. Become the Outlier
19. Self Reliance
20. How to Extend Your Reach
21. NEWS: How to Think Like an Entrepreneur
22. PVP (Player vs Player)
23. How I became so influential
24. WE LOVE THE *SENSATION* OF RISK-TAKING
25. WHY HIGH PROFIT MARGINS?
26. INNOVATION THOUGHTS
27. OVERCONFIDENCE IS GOOD.
28. GARAGE ENTREPRENEURSHIP
29. PERHAPS IT IS GOOD TO BE “DELUSIONAL”
30. USE YOUR WEALTH TO BUY STUFF, OR TO BUILD AND INNOVATE STUFF?
31. HOW TO THRIVE
32. Target Demographic
33. Ambition Over Happiness
34. Anti Collaboration
35. The Will to Economy
36. Why New?
37. CHOOSE ADRENALINE.
38. No Looking Back.
39. 1000x Different
40. BECOME SPENDTHRIFT
41. THE BENEFIT OF JUST ONE.
42. EXTREME INNOVATION.
43. Practicality is Boring
44. BECOME YOUR OWN STANDARD.
45. NEVER STOP ITERATING.
46. CONDENSE.
47. Take Lots of Small Financial Risks
48. Control Over Convenience
49. Why Are Chinese Companies So Innovative?
50. INSANELY DIFFERENT.
51. Why Doesn’t Anything Ever Satisfy Me?
52. THE GREAT PASSION.
53. Perhaps Dissatisfaction is Good
54. ONE REP MAX.
55. WHAT DO YOU *REALLY* WANT IN LIFE?
56. LIFE IS ABOUT STRIVING FOR MORE.
57. NEVER STOP LINKING.
58. THE GREATEST.
59. WHAT A TIME TO BE ALIVE!
60. THE BEST IS YET TO COME.
61. ERIC KIM CRITIQUE OF ROMANTICISM
62. COMPLACENCY.
63. JUST BUY IT.
64. ALL ABOUT YOU.
65. MOVE THE WORLD
66. Boring or Not Boring?
67. What if Your Past Self were Inferior to Your Present Self?
68. THE PHILOSOPHY OF PROGRESS
69. CULTURE IS YOUR ENEMY.
70. Difficulty & Interest
71. The Will to Expansion
72. What is Work?
73. SOUL IN THE GAME.
74. JUST START IT.
75. Not Boring
76. PRIDE IN YOUR OWN NAME / BRAND
77. AS MUCH AS YOU CAN TOLERATE.
78. Speed is Paramount
79. TAKE IT BACK TO THE BEGINNING.
80. A Life With No Risk Taking is *NOT* a Life Worth Living
81. Dissatisfaction is Good
82. GREATER STRENGTH, GREATER CHALLENGES.
83. In Praise of the New
84. Uncorrupted Desires
85. You Cannot Fake Passion
86. SELF-OVERGOING
87. FORM YOURSELF.
88. Personal Entrepreneurship
89. RELENTLESS.
90. PUT YOUR NAME ON IT.
91. A Life of Expansion
92. SELF-ENTREPRENEURSHIP
93. YOU ARE THE EXCEPTION.
94. Use Your Life as an Experiment to Self-Develop Yourself to Heights Never Seen Before
95. Invest in New Developments
96. Investing Towards What End?
97. The 90%/10% Principle in Entrepreneurship
98. Speed Wins
99. The Philosophy of Happiness
100. When to Over-Estimate, When to Under-Estimate?
101. Never Stop Iterating
102. Money as a Tool for Life and Artistic Experimentation
103. Less But More Premium
104. Mainstream vs Low-Key Success
105. Why Dissatisfaction is Good
106. SEEK YOUR OWN PERSONAL MAXIMAL BENEFIT INSTEAD OF COMPLAINING
107. Manifest Your Destiny
108. Is it Best to *Not* Communicate Your Inner Thoughts or Ideas With Others?
109. CREATE THINGS YOU WISH TO SEE MANIFESTED IN THE WORLD
110. How to Do More Work
111. CONTROL.
112. Competition is for Losers
113. Change.
114. Your Competitive Advantage with Insanely Fast Wifi and High Speed Internet
115. Pseudo Individualism
116. Natural Internal Promoting vs External Promptings

Think for Yourself.

1. Survival vs Thrivival
2. Become Rich
3. SECRETS.
4. Why it is Better to Beg for Forgiveness than Ask for Permission
5. Thinking About the Past Prevents You From Thinking About the Future
6. How to Predict the Future
7. Tools of Mass Distraction
8. So What?

FREEDOM

• On Leaving a Legacy
• I wanna be me!
• Productivity for personal freedom
• How to Purchase your Freedom

---

Never stop innovating.

---

Entrepreneurship Mindset

• What is Your Dream in Life?
• 8 Blogging Productivity Tips
• Why Be Normal?
• How Much Suffering Are You Willing to Endure to Achieve Your Dreams?

---

Put a Dent in the Universe.

• Innovate for the Sake of Innovating!
• Reality is Malleable!
• Stoic Entrepreneurship
• Against Self-Preservation
• The Purpose of Life is to Make New Stuff!

Bitcoin is Solidified Happiness

If you want to be happy or happier, the best way to do it is to purchase accumulate and acquire bitcoin, like taking your economic happiness and energy, and putting it into an infallible bitcoin.

---

Why bitcoin makes sense for digital nomads

So assuming that you’re living in Mexico City, Thailand, Vietnam Cambodia Laos, off the grid, and you love being off the grid, not being tied down by anything… Bitcoin is the ultimate freedom energy economic power property you can own.

For example, I think one critical mistake a lot of millennials make is they want to buy some sort of like weird off-roading Mercedes sprinter van, and they essentially like a homeless people in RV parks?

Nontraditional ideas

So for myself, I’ve always had a passion for nontraditional idea paths etc.

To be contrarian means to just go against the herd.

So for example, even though I’m a huge fan of Tesla and Elon Musk, am I the only successful millennial person individual, super rich who would actually prefer having a Toyota Prius or maybe now, the Lexus TX car?

I think there’s a lot of press about you being able to camp and live in a cyber truck, and I think it’s a great idea, but, I find it actually much more practical to get like maybe a Lexus TX Plugin hybrid car, the ultimate luxury SUV minivan, and just sleep and live in the trunk of that? The side is once again, the plug-in hybrid concept is still the most best double leverage thing you can get; the side of gasoline, which power is like 90% of humanity, and also, electricity, the Hybrid engine, as well as the plug-in capability.

Something that people don’t really talk about is that the upside of having a hybrid car is that when you idle, most often times it is silent. This is phenomenally fantastic if you’re taking a nap in the car with your kid! No solo gasoline car is worth it; either hybrid, plug-in hybrid or nothing. 

a vehicle is bad

Once again, even today… We are still stuck in this slave like mentality of vehicle ownership. I suppose the good thing about having an old Prius is that it never feels like a liability. If somebody steals it, hit it I could care less.

Also pro tip, if you have peeling paint or something on your car, just order some 3M matte black vinyl vehicle wrap online, cut it yourself and just stick it on like a sticker! Looks very cool.

Lunar white

Another funny trend, everyone in LA wants to murder at their cars in all black, but, this is a positively bad idea because Los Angeles is essentially a desert with lots of dirt particles in the air, the ideal car color is either white or some sort of desert tan color; any color which does not show dirt.

And also a lot of these fools don’t understand is that if you have a black vehicle, you’re going to get cooked alive in the summertime!

Make white cool again

The funny thing is actually… When I was a kid growing up, nobody wanted to own a black car. A sports car was universally red; everyone wanted the red Integra type R, with the gloss white rims.

Vehicles and society

I could care less about your four bitcoin Ferrari, or your two bitcoin Lamborghini. Or your one bitcoin cyber truck.

What is super interesting and fasting about bitcoin is that it is almost like wealth on wheels. And only that but it is like the ultimate type of wealth and property you could actually own. Why? It is like perpetually in your mind in your head and your soul; and it is not physical, yet it is real and exists.

A lot of people don’t understand what this point is, they think that it is fake money. But no, bitcoin is digital cyber capital, which is 1 trillion times more profound as an idea.

Why? If you could teleport a skyscraper into cyberspace, make it immortal, immutable, indefinitely divisible, with no property tax, no mayor trying to put regulations on you, no death in decay, no annoying tenants etc.… You essentially have perfected digital and cyber capital And property. 

Why do people even purchase real estate in the first place?

Traditionally, in the past, you only purchased real estate not for the utility purposes, but rather, as a long-term store value and or maybe income generation?

The difficult thing is at best, you have to skillfully manage your real estate and property, get good tenants, collect the rent, but still you might have to deal with Insurance, things breaking, changing zoning laws in your local city or area, etc.

no property taxes

I think this is a hard thing for a lot of people to understand is that you cannot tax bitcoin, only if you sell it. But if you never intend to sell it, you will never actually incur a capital gains tax, and even greater… The amazing thing about bitcoin is that assuming that it is digital property, you don’t have to pay Property taxes for simply holding it and owning it.

The scam of physical property?

Let us say you buy a $2 million home in all cash, but still… Even with a nominal 1 to 1.25 or 1.5% property tax, you’re going to be paying like 2000, $2500, maybe even $3000 a month in property taxes, simply for owning the thing. And you’re going to have to pay that forever. 

This is kind of a scary thing… And it seems a little bit weird and unethical; if you own a piece of land, why do you need to pay taxes simply for the right of owning it?

Like for example if I own a gold bar, in this gold bar is my property, I don’t have to pay 1% tax on it, simply for owning it, forever?

Even in some ways, maybe we consider inflation like an indirect tax on you. For example if you have like $1 million of cash just sitting in a checking account, the reason why this is bad is because it is draining economic energy like 15% a year. For example you’re $1 million worth of cash is going to degrade to like 750,000 the first year, $500,000 the next year, $250,000 the next year, down to $125k the next year etc. kind of a really bad situation.

Bitcoin is going to go out forever with volatility

Volatility is energy power and vitality and vigor.

Volatility is power!

So for example, a nuclear reactor is very very volatile, but it is perhaps maybe one of the best blessings for humankind, because if managed in handled properly, it’s like free electricity and power for everyone forever.

Bitcoin is like nuclear economic energy and power. Maybe people are afraid of bitcoin like they are afraid of nuclear power plants. Certainly we do not want a Fukushima,,, but still, certainly in the early adoption years of electricity, I’m sure that there are some people who accidentally electrified themselves to death. 

Also, I am also very certain in the early days of fire, there must have been some caveman who were burned to death.

Or even the early water wheel, I’m sure there are some people who accidentally got crushed to death by it. But we do not ban these things simply because there were a handful of people who died from it.

Bitcoin is the new fire

If you think about Satoshi like being Prometheus, who brought fire to the masses, isn’t this like the greatest blessing of all time?

It seems that Michael Saylor and the like talk about Satoshi with some sort of extremely deep reverence. Even I was shocked.

Also what becomes very interesting about bitcoin in general is that it definitely is starting to become like religious at this perspective. Like even beyond a cult. Religion.

Satoshi as the new Jesus? 

The immaculate conception of bitcoin, Satoshi, giving this gift to humanity, and essentially disappearing forever.

Anybody who claims to be Satoshi, ignore them, they certainly are not. Why? Because 1, million bitcoins is essentially like worth what, $200 billion or something, essentially in the next upcoming months and years you’re going to see Satoshi becoming even richer than Elon Musk. And I’m very certain that within the next 5 to 10 years, you’re going to see Michael Saylor maybe being at least 2 to 3 times richer Than even Elon Musk. 

Anyways if you have that much energy power in wealth and bitcoins, you are not going to want to have anybody know who you are because realistically your life will probably be in peril.

Why Michael Saylor might be the most important individual of all time

Very simple thing… He has literally almost like tripled my net worth in the matter of three months? There is no other human being on the planet who has ever directly or indirectly did this for me?

And the reason why this is such a big deal is once again, now, as a consequence, the cost of living in LA becomes like a joke, really kind of not a big deal, I feel comfortable having 2, 3, 4 or even five kids. 

Economic buffer

Another mistake that people make is that the point of becoming super rich is not to suddenly go out and buy a bunch of silly things. The purpose of the point is instead, to rather, live a more carefree life, less stress less anxieties less annoyance. Dropping $500 on beef ribs at Costco is just like a drop in the bucket.

Becoming more spartan

At this point the only money I spend on myself is my weightlifting equipment, my beef ribs, and maybe some new Vibram five fingers when my shoes fall apart. But besides this, I have like no use for money.

And once again, the goal is to build in stack capital, we all live in capitalism, not “moneyism”.

ERIC KIM CAPITAL a good ring to it.

or

ERIC KIM KAPITAL

---

What is the purpose for the joy of capitalism?

Ironically enough it is once again not really about consumerism, if you were a real capitalist, your joy is more in senior capital stack, not seeing it becoming depleted because you bought some sort of loser Ferrari or Porsche.

I’m still shocked; 95% of water in America, we are simply being baited along by having some sort of allure of some sort of luxury vehicle but isn’t ideal to be like a digital nomad, traveling to Japan and Kyoto, visiting the Hot Springs, or living this luxurious Expat life in Cambodia Vietnam or Thailand?

For example, my friend Todd Hata did it well, he sold his old house in the mountains in LA, and is essentially like on the road 90% of the year, jumping between Mexico City, Thailand, Greece etc. His passion has always been travel, and food and experiences, very wise.

Why bitcoin is good for everyone on the planet

Even if you’re the average American, most people cannot afford to purchase physical property. And once again, if you do the math, after homeowners insurance, Tax, fire taxes,  stuff breaking, having to change the roof, getting a new washer and dryer or dishwasher, upgrading your kitchen, you’re going to bleed yourself dry. And not only that but I think being a homeowner becomes a new consumerist things; spent too much time thinking about how to break down walls to extend your home, build an ADU, update the kitchen whatever. Or expanding your garden, changing the flooring etc.

But don’t you realize that the best thing to do is just be in nature? Or just drive to the Huntington Gardens on the weekend, or just travel to Japan instead? In fact when you go on a flight, and you see all these little tiny homes From Birds Eye view, you realize how ridiculous the desire of homeownership is.

The new desire for bitcoin ownership

I think real estate will be the next sector that bitcoin gobbles up. The average GenZ person doesn’t care for buying a house, they want to just play pickle ball, go hiking and camping, go on road trips, buy the newest iPhone etc. Pursue their hobbies and passions.

Millennials, we are a funny basket case. We used to be like GenZ, wanting to travel to planet, become a digital nomad, etc.… But somewhere along the line, maybe because of Covid, we tried to settle down and buy single-family homes instead? Or condos?

Take it back to the beginning

I’m starting to feel like this is the early the Internet, AOL, AOL 3.0, you got mail, dial up 56K modems etc.

You got bitcoin!

I also like bitcoin because it is just easier to mentally and mathematically remember things. Easier to remember how many bitcoins you have on the top of your head, rather than trying to tabulate all the ones and zeros of all your fake fiat based assets?

Rather than thinking about your net worth, easier to just remember your net bitcoins; 

Whenever I find out that somebody else is into bitcoin, I have zero issues asking them how many bitcoins they own. Why? Because it is still a relatively new field, it is awkward to ask people how much US dollars they have in their savings account, or checking account, Easier to just ask the bitcoin question.

And for me, even owning a single bitcoin is like for me, owning like a square block of digital Manhattan or Kyoto. You know these rich families that own huge plots of land in desirable locations? Yeah, that’s like bitcoin.

The new digital Beverly Hills

A single-family home in Beverly Hills is what like at least 5 million, 10 million, 25 million, 50 million? 100,000,000?

My personal projection is if you tag the price of a bitcoin to desirable real estate in the Brentwood Hills or something, just think about what the land is worth for the Getty museum. Or like owning a piece of land or property next to the PCH in Malibu. But actually if you think about it, the value of a single bitcoin is worth 1 trillion times more than even the best property in Malibu. Why? The dangers of owning physical property, landslides, Robberies, general maintenance. The fear that your housekeeper is stealing your stuff.

For example, how comfortable are you leaving your $200,000 Rolex just sitting around? Probably not very comfortable.

Consolidate all of your assets into bitcoin?

Bitcoin is the new family jewels. Take all of your scarce desirable assets like your Rolexes, your Leica, your Porsche and just buy bitcoin instead.

Because once again , to have any sort of physical property in the physical realm is a liability not an asset.

I’m starting to feel more bullish, increasing my target price of bitcoin to at least $55 million a coin. Probably higher.

So if that’s the case, if you took a $10,000 Rolex, and sold it, assuming that bitcoin is around $95,000 of bitcoin right now, even lower at 89,000 of bitcoin or even $85,000 of bitcoin, whatever it may… Is massive upside.

---

611x

The $6 million Rolex?

---

Just funnel your inheritance money into bitcoin 

Once again, so many of these things are just liabilities. I hate the fear of having to remember where I left it, and whether it is safe, whether it was stolen or not or whatever. Rather than putting your scarce desirable things into a physical vault, isn’t it far safer for it to be in a cyber Vault, on the Blockchain?

The Blockchain is the new cloud

What is the Blockchain,? It is like the cloud on steroids, with 1000 X more security power and cryptographic security.

It took a long time for people to trust putting files on the cloud, or photos on the cloud, but now it seems like the obvious decision.

I think the reason why I like Coinbase is that rather than having to memorize some keys in my head and have a hardware physical wallet, and knowing myself I am quite forgetful, you don’t want to lose like $1 billion worth of bitcoin because you forgot your password. I think this is also where this is a huge opportunity for Apple; if we have all of our bitcoin passwords and keys linked to our iCloud account, certainly we will never stop purchasing Apple devices. Even bigger, if Apple makes their own bitcoin ecosystem to custody your bitcoin in your Apple ID wallet, This could actually disrupt the whole Coinbase market. Let us consider that most of us have Apple Pay already enabled, how easy would it be to just buy bitcoin directly from your iPhone using Apple Pay? And it could be simple, you could just buy 10 bucks here, 20 bucks here, 50 bucks here, 100 bucks here etc.

I don’t have an Apple credit card or bank account, but this seems like a good idea.

Let the markets go free!

I hate the weekends because the markets are closed. I would prefer a world in which my micro strategy stock could trade 24 7, 365, every day all day every day, on binance fidelity or something else.

Apparently in 1933, the way that the traditional stock market was structured was actually to legitimately create a cartel. This is like the almost the exact opposite of American values of freedom, self sovereignty and freedom.

Michael Saylor had a very interesting idea; why can you not own Apple stock directly on your Apple iPhone? There is nothing unethical about it. And technologically, we live in the year 2024 of course could be physically possible. Even the stock market is mostly driven by robots, you no longer have guys on the slips of paper. It ain’t like the Wolf of Wall Street. It’s like the wolf of cyber Wall Street.


Physical property has too many risk factors?

Even here in Culver City, kind of like peak LA, there are so many businesses which are getting shut down like even me and Seneca’s beloved shake shack, and even more shockingly today, chipotle.

If these trusted namebrand businesses are struggling in going out of business because we cannot afford to pay the rent or whatever… Isn’t this pretty bad?

And also, physical entropy. Once again, if you want a physical house, shit will always break and you’re going to have to be liable for it.

Intelligent rent leverage

If you have an amazing landlord who always fixes everything super fast, even put in brand new appliances for you, leverage and milk that forever.

Even we told our landlord that our washer washing machine had a little bit of rust in it, immediately sent in his team and installed a totally brand new Samsung washer and dryer , which might have caused like $5000 $6000?

Even another thing that was interesting, there were some palm trees which were growing on top of the roof, and he just sent in a team to get it all cut down and fixed up?

Even we had some issues with our electricity and water and water heater, once again he snapped his fingers and got it all resolved in a day or two, while me and Seneca having a fun adventure at the park.

Your Archimedes lever in life

For myself, my core competency is within writing thinking blogging vlogging etc.  from an economic perspective it kind of makes no sense for me to waste my time having to manage a home and fix things.

I would rather manage thoughts ideas, big visions?

---

Start stacking today!

BITCOIN BY KIM >

Free 99

Buy the future:

December 14, Saturday 2024: Introduction to Bitcoin FREE Open Source Online Workshop ZOOM (10am-noon, Pacific, Los Angeles California Time) – REGISTER HERE FREE >

EK WORKSHOPS >

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Think different, be different!

START HERE >

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Video podcast

Bitcoin and Life Insights by Eric Kim

1. Bitcoin = Happiness

• Lock your economic energy into bitcoin for ultimate freedom and security.

2. Digital Nomad Dream

• Live untethered in places like Thailand or Mexico City; bitcoin empowers this lifestyle.

3. Vehicles Are Overrated

• Skip luxury cars; practical hybrids or plug-in hybrids like a Lexus TX are smarter choices.

4. No to Homeownership

• Owning real estate is a liability with taxes, maintenance, and endless costs.

5. Bitcoin > Real Estate

• Bitcoin is digital property: no taxes, no maintenance, no physical risks.

6. Volatility is Power

• Like fire or nuclear energy, bitcoin’s volatility is its strength, not a weakness.

7. Satoshi as Modern Prometheus

• Bitcoin is a gift to humanity, like fire; respect its profound impact.

8. Capitalism and Bitcoin

• True joy in capitalism is stacking capital (bitcoin) rather than depleting it on liabilities.

9. New Digital Assets

• Bitcoin is like owning digital Manhattan or Kyoto—immortal, divisible, and untouchable.

10. Physical Assets are Weak

• Rolexes, Porsches, and physical homes are liabilities compared to the strength of bitcoin.

11. Generational Shift

• Gen Z values experiences over homeownership; millennials should rethink settling down.

12. Bitcoin is the New Internet

• We’re in bitcoin’s early AOL days—don’t miss out.

13. Future of Bitcoin

• A single bitcoin could be worth $55M+; funnel your wealth into it now.

14. Economic Buffer

• Use wealth to eliminate stress, not for consumerism—be Spartan and focused.

15. Blockchain > Physical Vaults

• The blockchain is the new cloud; bitcoin is the ultimate security.

16. Markets Should Be Free

• Imagine trading stocks or bitcoin 24/7—total freedom.

17. Leverage Renting

• If your landlord is great, maximize that advantage—don’t rush to own property.

18. Focus on Strengths

• Free your time from managing physical assets; focus on big ideas and your unique talents.

Bitcoin is the future—stack it, live free, and build your life around what truly matters.

***

Bitcoin is Solidified Happiness!

Do you want to be happy or happier, the best way to do it is to purchase accumulate and acquire bitcoin, like taking your economic happiness and energy, and putting it into an infallible bitcoin.

---

Why bitcoin makes sense for digital nomads

So assuming that you’re living in Mexico City, Thailand, Vietnam Cambodia Laos, off the grid, and you love being off the grid, not being tied down by anything… Bitcoin is the ultimate freedom energy economic power property you can own.

For example, I think one critical mistake a lot of millennials make is they want to buy some sort of like weird off-roading Mercedes sprinter van, and they essentially like a homeless people in RV parks?

Nontraditional ideas

So for myself, I’ve always had a passion for nontraditional idea paths etc.

To be contrarian means to just go against the herd.

So for example, even though I’m a huge fan of Tesla and Elon Musk, am I the only successful millennial person individual, super rich who would actually prefer having a Toyota Prius or maybe now, the Lexus TX car?

I think there’s a lot of press about you being able to camp and live in a cyber truck, and I think it’s a great idea, but, I find it actually much more practical to get like maybe a Lexus TX Plugin hybrid car, the ultimate luxury SUV minivan, and just sleep and live in the trunk of that? The side is once again, the plug-in hybrid concept is still the most best double leverage thing you can get; the side of gasoline, which power is like 90% of humanity, and also, electricity, the Hybrid engine, as well as the plug-in capability.

Something that people don’t really talk about is that the upside of having a hybrid car is that when you idle, most often times it is silent. This is phenomenally fantastic if you’re taking a nap in the car with your kid! No solo gasoline car is worth it; either hybrid, plug-in hybrid or nothing. 

a vehicle is bad

Once again, even today… We are still stuck in this slave like mentality of vehicle ownership. I suppose the good thing about having an old Prius is that it never feels like a liability. If somebody steals it, hit it I could care less.

Also pro tip, if you have peeling paint or something on your car, just order some 3M matte black vinyl vehicle wrap online, cut it yourself and just stick it on like a sticker! Looks very cool.

Lunar white

Another funny trend, everyone in LA wants to murder at their cars in all black, but, this is a positively bad idea because Los Angeles is essentially a desert with lots of dirt particles in the air, the ideal car color is either white or some sort of desert tan color; any color which does not show dirt.

And also a lot of these fools don’t understand is that if you have a black vehicle, you’re going to get cooked alive in the summertime!

Make white cool again

The funny thing is actually… When I was a kid growing up, nobody wanted to own a black car. A sports car was universally red; everyone wanted the red Integra type R, with the gloss white rims.

Vehicles and society

I could care less about your four bitcoin Ferrari, or your two bitcoin Lamborghini. Or your one bitcoin cyber truck.

What is super interesting and fasting about bitcoin is that it is almost like wealth on wheels. And only that but it is like the ultimate type of wealth and property you could actually own. Why? It is like perpetually in your mind in your head and your soul; and it is not physical, yet it is real and exists.

A lot of people don’t understand what this point is, they think that it is fake money. But no, bitcoin is digital cyber capital, which is 1 trillion times more profound as an idea.

Why? If you could teleport a skyscraper into cyberspace, make it immortal, immutable, indefinitely divisible, with no property tax, no mayor trying to put regulations on you, no death in decay, no annoying tenants etc.… You essentially have perfected digital and cyber capital And property. 

Why do people even purchase real estate in the first place?

Traditionally, in the past, you only purchased real estate not for the utility purposes, but rather, as a long-term store value and or maybe income generation?

The difficult thing is at best, you have to skillfully manage your real estate and property, get good tenants, collect the rent, but still you might have to deal with Insurance, things breaking, changing zoning laws in your local city or area, etc.

no property taxes

I think this is a hard thing for a lot of people to understand is that you cannot tax bitcoin, only if you sell it. But if you never intend to sell it, you will never actually incur a capital gains tax, and even greater… The amazing thing about bitcoin is that assuming that it is digital property, you don’t have to pay Property taxes for simply holding it and owning it.

The scam of physical property?

Let us say you buy a $2 million home in all cash, but still… Even with a nominal 1 to 1.25 or 1.5% property tax, you’re going to be paying like 2000, $2500, maybe even $3000 a month in property taxes, simply for owning the thing. And you’re going to have to pay that forever. 

This is kind of a scary thing… And it seems a little bit weird and unethical; if you own a piece of land, why do you need to pay taxes simply for the right of owning it?

Like for example if I own a gold bar, in this gold bar is my property, I don’t have to pay 1% tax on it, simply for owning it, forever?

Even in some ways, maybe we consider inflation like an indirect tax on you. For example if you have like $1 million of cash just sitting in a checking account, the reason why this is bad is because it is draining economic energy like 15% a year. For example you’re $1 million worth of cash is going to degrade to like 750,000 the first year, $500,000 the next year, $250,000 the next year, down to $125k the next year etc. kind of a really bad situation.

Bitcoin is going to go out forever with volatility

Volatility is energy power and vitality and vigor.

Volatility is power!

So for example, a nuclear reactor is very very volatile, but it is perhaps maybe one of the best blessings for humankind, because if managed in handled properly, it’s like free electricity and power for everyone forever.

Bitcoin is like nuclear economic energy and power. Maybe people are afraid of bitcoin like they are afraid of nuclear power plants. Certainly we do not want a Fukushima,,, but still, certainly in the early adoption years of electricity, I’m sure that there are some people who accidentally electrified themselves to death. 

Also, I am also very certain in the early days of fire, there must have been some caveman who were burned to death.

Or even the early water wheel, I’m sure there are some people who accidentally got crushed to death by it. But we do not ban these things simply because there were a handful of people who died from it.

Bitcoin is the new fire

If you think about Satoshi like being Prometheus, who brought fire to the masses, isn’t this like the greatest blessing of all time?

It seems that Michael Saylor and the like talk about Satoshi with some sort of extremely deep reverence. Even I was shocked.

Also what becomes very interesting about bitcoin in general is that it definitely is starting to become like religious at this perspective. Like even beyond a cult. Religion.

Satoshi as the new Jesus? 

The immaculate conception of bitcoin, Satoshi, giving this gift to humanity, and essentially disappearing forever.

Anybody who claims to be Satoshi, ignore them, they certainly are not. Why? Because 1, million bitcoins is essentially like worth what, $200 billion or something, essentially in the next upcoming months and years you’re going to see Satoshi becoming even richer than Elon Musk. And I’m very certain that within the next 5 to 10 years, you’re going to see Michael Saylor maybe being at least 2 to 3 times richer Than even Elon Musk. 

Anyways if you have that much energy power in wealth and bitcoins, you are not going to want to have anybody know who you are because realistically your life will probably be in peril.

Why Michael Saylor might be the most important individual of all time

Very simple thing… He has literally almost like tripled my net worth in the matter of three months? There is no other human being on the planet who has ever directly or indirectly did this for me?

And the reason why this is such a big deal is once again, now, as a consequence, the cost of living in LA becomes like a joke, really kind of not a big deal, I feel comfortable having 2, 3, 4 or even five kids. 

Economic buffer

Another mistake that people make is that the point of becoming super rich is not to suddenly go out and buy a bunch of silly things. The purpose of the point is instead, to rather, live a more carefree life, less stress less anxieties less annoyance. Dropping $500 on beef ribs at Costco is just like a drop in the bucket.

Becoming more spartan

At this point the only money I spend on myself is my weightlifting equipment, my beef ribs, and maybe some new Vibram five fingers when my shoes fall apart. But besides this, I have like no use for money.

And once again, the goal is to build in stack capital, we all live in capitalism, not “moneyism”.

ERIC KIM CAPITAL a good ring to it.

or

ERIC KIM KAPITAL

---

What is the purpose for the joy of capitalism?

Ironically enough it is once again not really about consumerism, if you were a real capitalist, your joy is more in senior capital stack, not seeing it becoming depleted because you bought some sort of loser Ferrari or Porsche.

I’m still shocked; 95% of water in America, we are simply being baited along by having some sort of allure of some sort of luxury vehicle but isn’t ideal to be like a digital nomad, traveling to Japan and Kyoto, visiting the Hot Springs, or living this luxurious Expat life in Cambodia Vietnam or Thailand?

For example, my friend Todd Hata did it well, he sold his old house in the mountains in LA, and is essentially like on the road 90% of the year, jumping between Mexico City, Thailand, Greece etc. His passion has always been travel, and food and experiences, very wise.

Why bitcoin is good for everyone on the planet

Even if you’re the average American, most people cannot afford to purchase physical property. And once again, if you do the math, after homeowners insurance, Tax, fire taxes,  stuff breaking, having to change the roof, getting a new washer and dryer or dishwasher, upgrading your kitchen, you’re going to bleed yourself dry. And not only that but I think being a homeowner becomes a new consumerist things; spent too much time thinking about how to break down walls to extend your home, build an ADU, update the kitchen whatever. Or expanding your garden, changing the flooring etc.

But don’t you realize that the best thing to do is just be in nature? Or just drive to the Huntington Gardens on the weekend, or just travel to Japan instead? In fact when you go on a flight, and you see all these little tiny homes From Birds Eye view, you realize how ridiculous the desire of homeownership is.

The new desire for bitcoin ownership

I think real estate will be the next sector that bitcoin gobbles up. The average GenZ person doesn’t care for buying a house, they want to just play pickle ball, go hiking and camping, go on road trips, buy the newest iPhone etc. Pursue their hobbies and passions.

Millennials, we are a funny basket case. We used to be like GenZ, wanting to travel to planet, become a digital nomad, etc.… But somewhere along the line, maybe because of Covid, we tried to settle down and buy single-family homes instead? Or condos?

Take it back to the beginning

I’m starting to feel like this is the early the Internet, AOL, AOL 3.0, you got mail, dial up 56K modems etc.

You got bitcoin!

I also like bitcoin because it is just easier to mentally and mathematically remember things. Easier to remember how many bitcoins you have on the top of your head, rather than trying to tabulate all the ones and zeros of all your fake fiat based assets?

Rather than thinking about your net worth, easier to just remember your net bitcoins; 

Whenever I find out that somebody else is into bitcoin, I have zero issues asking them how many bitcoins they own. Why? Because it is still a relatively new field, it is awkward to ask people how much US dollars they have in their savings account, or checking account, Easier to just ask the bitcoin question.

And for me, even owning a single bitcoin is like for me, owning like a square block of digital Manhattan or Kyoto. You know these rich families that own huge plots of land in desirable locations? Yeah, that’s like bitcoin.

The new digital Beverly Hills

A single-family home in Beverly Hills is what like at least 5 million, 10 million, 25 million, 50 million? 100,000,000?

My personal projection is if you tag the price of a bitcoin to desirable real estate in the Brentwood Hills or something, just think about what the land is worth for the Getty museum. Or like owning a piece of land or property next to the PCH in Malibu. But actually if you think about it, the value of a single bitcoin is worth 1 trillion times more than even the best property in Malibu. Why? The dangers of owning physical property, landslides, Robberies, general maintenance. The fear that your housekeeper is stealing your stuff.

For example, how comfortable are you leaving your $200,000 Rolex just sitting around? Probably not very comfortable.

Consolidate all of your assets into bitcoin?

Bitcoin is the new family jewels. Take all of your scarce desirable assets like your Rolexes, your Leica, your Porsche and just buy bitcoin instead.

Because once again , to have any sort of physical property in the physical realm is a liability not an asset.

I’m starting to feel more bullish, increasing my target price of bitcoin to at least $55 million a coin. Probably higher.

So if that’s the case, if you took a $10,000 Rolex, and sold it, assuming that bitcoin is around $95,000 of bitcoin right now, even lower at 89,000 of bitcoin or even $85,000 of bitcoin, whatever it may… Is massive upside.

---

611x

The $6 million Rolex?

---

Just funnel your inheritance money into bitcoin 

Once again, so many of these things are just liabilities. I hate the fear of having to remember where I left it, and whether it is safe, whether it was stolen or not or whatever. Rather than putting your scarce desirable things into a physical vault, isn’t it far safer for it to be in a cyber Vault, on the Blockchain?

The Blockchain is the new cloud

What is the Blockchain,? It is like the cloud on steroids, with 1000 X more security power and cryptographic security.

It took a long time for people to trust putting files on the cloud, or photos on the cloud, but now it seems like the obvious decision.

I think the reason why I like Coinbase is that rather than having to memorize some keys in my head and have a hardware physical wallet, and knowing myself I am quite forgetful, you don’t want to lose like $1 billion worth of bitcoin because you forgot your password. I think this is also where this is a huge opportunity for Apple; if we have all of our bitcoin passwords and keys linked to our iCloud account, certainly we will never stop purchasing Apple devices. Even bigger, if Apple makes their own bitcoin ecosystem to custody your bitcoin in your Apple ID wallet, This could actually disrupt the whole Coinbase market. Let us consider that most of us have Apple Pay already enabled, how easy would it be to just buy bitcoin directly from your iPhone using Apple Pay? And it could be simple, you could just buy 10 bucks here, 20 bucks here, 50 bucks here, 100 bucks here etc.

I don’t have an Apple credit card or bank account, but this seems like a good idea.

Let the markets go free!

I hate the weekends because the markets are closed. I would prefer a world in which my micro strategy stock could trade 24 7, 365, every day all day every day, on binance fidelity or something else.

Apparently in 1933, the way that the traditional stock market was structured was actually to legitimately create a cartel. This is like the almost the exact opposite of American values of freedom, self sovereignty and freedom.

Michael Saylor had a very interesting idea; why can you not own Apple stock directly on your Apple iPhone? There is nothing unethical about it. And technologically, we live in the year 2024 of course could be physically possible. Even the stock market is mostly driven by robots, you no longer have guys on the slips of paper. It ain’t like the Wolf of Wall Street. It’s like the wolf of cyber Wall Street.


Physical property has too many risk factors?

Even here in Culver City, kind of like peak LA, there are so many businesses which are getting shut down like even me and Seneca’s beloved shake shack, and even more shockingly today, chipotle.

If these trusted namebrand businesses are struggling in going out of business because we cannot afford to pay the rent or whatever… Isn’t this pretty bad?

And also, physical entropy. Once again, if you want a physical house, shit will always break and you’re going to have to be liable for it.

Intelligent rent leverage

If you have an amazing landlord who always fixes everything super fast, even put in brand new appliances for you, leverage and milk that forever.

Even we told our landlord that our washer washing machine had a little bit of rust in it, immediately sent in his team and installed a totally brand new Samsung washer and dryer , which might have caused like $5000 $6000?

Even another thing that was interesting, there were some palm trees which were growing on top of the roof, and he just sent in a team to get it all cut down and fixed up?

Even we had some issues with our electricity and water and water heater, once again he snapped his fingers and got it all resolved in a day or two, while me and Seneca having a fun adventure at the park.

Your Archimedes lever in life

For myself, my core competency is within writing thinking blogging vlogging etc.  from an economic perspective it kind of makes no sense for me to waste my time having to manage a home and fix things.

I would rather manage thoughts ideas, big visions?

---

The first was certainly the internet. Websites, blogs, etc. access to infinite free information and knowledge.

Now, an insanely huge new paradigm shift, an internet native money?

Money > Technology

You could be one of those weird hippies who doesn’t really use much technology, but it is impossible to exist without money.

Achilles vs all!

In theory, you can only fear individuals who could actually harm you?

For myself, I know of no man or woman an individual who could actually physically strike me or hurt me in the real world? Now that I’m super fucking rich too!

Emotional strikes?

A tactic of the weak, people without physical force?

Austere, austerity is sexy!

Austeros— bitter, harsh.

From Ancient Greek αὐστηρότης (austērótēs, “bitter, harsh”). Morphologically austere +‎ -ity.

$242,000 gain off an initial $150k???

The phenomenal amazing thing about MicroStrategy and Michael Saylor!

Also, my average purchase price of bitcoin is like 55,000 in bitcoin, which means I at least practically doubled my money already?

Yippie!

Long duree

Think Long Duration — I still remember when bitcoin dropped to like 10,000, and was like stagnant at around 20,000 for a long time, then like 49,000, then like 59,000, $60,000… 65,000?

as long as the weighted average is always above $ 56,000 a Bitcoin, I’m happy!

Happy Bitcoin!

Audio

Happiness is forever, if in a Bitcoin! —

Bitcoin is Solidified Happiness

Do you want to be happy or happier, the best way to do it is to purchase accumulate and acquire bitcoin, like taking your economic happiness and energy, and putting it into an infallible bitcoin.

Why bitcoin makes sense for digital nomads

So assuming that you’re living in Mexico City, Thailand, Vietnam Cambodia Laos, off the grid, and you love being off the grid, not being tied down by anything… Bitcoin is the ultimate freedom energy economic power property you can own.

For example, I think one critical mistake a lot of millennials make is they want to buy some sort of like weird off-roading Mercedes sprinter van, and they essentially like a homeless people in RV parks?

Nontraditional ideas

So for myself, I’ve always had a passion for nontraditional idea paths etc.

To be contrarian means to just go against the herd.

So for example, even though I’m a huge fan of Tesla and Elon Musk, am I the only successful millennial person individual, super rich who would actually prefer having a Toyota Prius or maybe now, the Lexus TX car?

I think there’s a lot of press about you being able to camp and live in a cyber truck, and I think it’s a great idea, but, I find it actually much more practical to get like maybe a Lexus TX Plugin hybrid car, the ultimate luxury SUV minivan, and just sleep and live in the trunk of that? The side is once again, the plug-in hybrid concept is still the most best double leverage thing you can get; the side of gasoline, which power is like 90% of humanity, and also, electricity, the Hybrid engine, as well as the plug-in capability.

Something that people don’t really talk about is that the upside of having a hybrid car is that when you idle, most often times it is silent. This is phenomenally fantastic if you’re taking a nap in the car with your kid! No solo gasoline car is worth it; either hybrid, plug-in hybrid or nothing. 

a vehicle is bad

Once again, even today… We are still stuck in this slave like mentality of vehicle ownership. I suppose the good thing about having an old Prius is that it never feels like a liability. If somebody steals it, hit it I could care less.

Also pro tip, if you have peeling paint or something on your car, just order some 3M matte black vinyl vehicle wrap online, cut it yourself and just stick it on like a sticker! Looks very cool.

Lunar white

Another funny trend, everyone in LA wants to murder at their cars in all black, but, this is a positively bad idea because Los Angeles is essentially a desert with lots of dirt particles in the air, the ideal car color is either white or some sort of desert tan color; any color which does not show dirt.

And also a lot of these fools don’t understand is that if you have a black vehicle, you’re going to get cooked alive in the summertime!

Make white cool again

The funny thing is actually… When I was a kid growing up, nobody wanted to own a black car. A sports car was universally red; everyone wanted the red Integra type R, with the gloss white rims.

Vehicles and society

I could care less about your four bitcoin Ferrari, or your two bitcoin Lamborghini. Or your one bitcoin cyber truck.

What is super interesting and fasting about bitcoin is that it is almost like wealth on wheels. And only that but it is like the ultimate type of wealth and property you could actually own. Why? It is like perpetually in your mind in your head and your soul; and it is not physical, yet it is real and exists.

A lot of people don’t understand what this point is, they think that it is fake money. But no, bitcoin is digital cyber capital, which is 1 trillion times more profound as an idea.

Why? If you could teleport a skyscraper into cyberspace, make it immortal, immutable, indefinitely divisible, with no property tax, no mayor trying to put regulations on you, no death in decay, no annoying tenants etc.… You essentially have perfected digital and cyber capital And property. 

Why do people even purchase real estate in the first place?

Traditionally, in the past, you only purchased real estate not for the utility purposes, but rather, as a long-term store value and or maybe income generation?

The difficult thing is at best, you have to skillfully manage your real estate and property, get good tenants, collect the rent, but still you might have to deal with Insurance, things breaking, changing zoning laws in your local city or area, etc.

no property taxes

I think this is a hard thing for a lot of people to understand is that you cannot tax bitcoin, only if you sell it. But if you never intend to sell it, you will never actually incur a capital gains tax, and even greater… The amazing thing about bitcoin is that assuming that it is digital property, you don’t have to pay Property taxes for simply holding it and owning it.

The scam of physical property?

Let us say you buy a $2 million home in all cash, but still… Even with a nominal 1 to 1.25 or 1.5% property tax, you’re going to be paying like 2000, $2500, maybe even $3000 a month in property taxes, simply for owning the thing. And you’re going to have to pay that forever. 

This is kind of a scary thing… And it seems a little bit weird and unethical; if you own a piece of land, why do you need to pay taxes simply for the right of owning it?

Like for example if I own a gold bar, in this gold bar is my property, I don’t have to pay 1% tax on it, simply for owning it, forever?

Even in some ways, maybe we consider inflation like an indirect tax on you. For example if you have like $1 million of cash just sitting in a checking account, the reason why this is bad is because it is draining economic energy like 15% a year. For example you’re $1 million worth of cash is going to degrade to like 750,000 the first year, $500,000 the next year, $250,000 the next year, down to $125k the next year etc. kind of a really bad situation.

Bitcoin is going to go out forever with volatility

Volatility is energy power and vitality and vigor.

Volatility is power!

So for example, a nuclear reactor is very very volatile, but it is perhaps maybe one of the best blessings for humankind, because if managed in handled properly, it’s like free electricity and power for everyone forever.

Bitcoin is like nuclear economic energy and power. Maybe people are afraid of bitcoin like they are afraid of nuclear power plants. Certainly we do not want a Fukushima,,, but still, certainly in the early adoption years of electricity, I’m sure that there are some people who accidentally electrified themselves to death. 

Also, I am also very certain in the early days of fire, there must have been some caveman who were burned to death.

Or even the early water wheel, I’m sure there are some people who accidentally got crushed to death by it. But we do not ban these things simply because there were a handful of people who died from it.

Bitcoin is the new fire

If you think about Satoshi like being Prometheus, who brought fire to the masses, isn’t this like the greatest blessing of all time?

It seems that Michael Saylor and the like talk about Satoshi with some sort of extremely deep reverence. Even I was shocked.

Also what becomes very interesting about bitcoin in general is that it definitely is starting to become like religious at this perspective. Like even beyond a cult. Religion.

Satoshi as the new Jesus? 

The immaculate conception of bitcoin, Satoshi, giving this gift to humanity, and essentially disappearing forever.

Anybody who claims to be Satoshi, ignore them, they certainly are not. Why? Because 1, million bitcoins is essentially like worth what, $200 billion or something, essentially in the next upcoming months and years you’re going to see Satoshi becoming even richer than Elon Musk. And I’m very certain that within the next 5 to 10 years, you’re going to see Michael Saylor maybe being at least 2 to 3 times richer Than even Elon Musk. 

Anyways if you have that much energy power in wealth and bitcoins, you are not going to want to have anybody know who you are because realistically your life will probably be in peril.

Why Michael Saylor might be the most important individual of all time

Very simple thing… He has literally almost like tripled my net worth in the matter of three months? There is no other human being on the planet who has ever directly or indirectly did this for me?

And the reason why this is such a big deal is once again, now, as a consequence, the cost of living in LA becomes like a joke, really kind of not a big deal, I feel comfortable having 2, 3, 4 or even five kids. 

Economic buffer

Another mistake that people make is that the point of becoming super rich is not to suddenly go out and buy a bunch of silly things. The purpose of the point is instead, to rather, live a more carefree life, less stress less anxieties less annoyance. Dropping $500 on beef ribs at Costco is just like a drop in the bucket.

Becoming more spartan

At this point the only money I spend on myself is my weightlifting equipment, my beef ribs, and maybe some new Vibram five fingers when my shoes fall apart. But besides this, I have like no use for money.

And once again, the goal is to build in stack capital, we all live in capitalism, not “moneyism”.

ERIC KIM CAPITAL a good ring to it.

or

ERIC KIM KAPITAL

---

What is the purpose for the joy of capitalism?

Ironically enough it is once again not really about consumerism, if you were a real capitalist, your joy is more in senior capital stack, not seeing it becoming depleted because you bought some sort of loser Ferrari or Porsche.

I’m still shocked; 95% of water in America, we are simply being baited along by having some sort of allure of some sort of luxury vehicle but isn’t ideal to be like a digital nomad, traveling to Japan and Kyoto, visiting the Hot Springs, or living this luxurious Expat life in Cambodia Vietnam or Thailand?

For example, my friend Todd Hata did it well, he sold his old house in the mountains in LA, and is essentially like on the road 90% of the year, jumping between Mexico City, Thailand, Greece etc. His passion has always been travel, and food and experiences, very wise.

Why bitcoin is good for everyone on the planet

Even if you’re the average American, most people cannot afford to purchase physical property. And once again, if you do the math, after homeowners insurance, Tax, fire taxes,  stuff breaking, having to change the roof, getting a new washer and dryer or dishwasher, upgrading your kitchen, you’re going to bleed yourself dry. And not only that but I think being a homeowner becomes a new consumerist things; spent too much time thinking about how to break down walls to extend your home, build an ADU, update the kitchen whatever. Or expanding your garden, changing the flooring etc.

But don’t you realize that the best thing to do is just be in nature? Or just drive to the Huntington Gardens on the weekend, or just travel to Japan instead? In fact when you go on a flight, and you see all these little tiny homes From Birds Eye view, you realize how ridiculous the desire of homeownership is.

The new desire for bitcoin ownership

I think real estate will be the next sector that bitcoin gobbles up. The average GenZ person doesn’t care for buying a house, they want to just play pickle ball, go hiking and camping, go on road trips, buy the newest iPhone etc. Pursue their hobbies and passions.

Millennials, we are a funny basket case. We used to be like GenZ, wanting to travel to planet, become a digital nomad, etc.… But somewhere along the line, maybe because of Covid, we tried to settle down and buy single-family homes instead? Or condos?

Take it back to the beginning

I’m starting to feel like this is the early the Internet, AOL, AOL 3.0, you got mail, dial up 56K modems etc.

You got bitcoin!

I also like bitcoin because it is just easier to mentally and mathematically remember things. Easier to remember how many bitcoins you have on the top of your head, rather than trying to tabulate all the ones and zeros of all your fake fiat based assets?

Rather than thinking about your net worth, easier to just remember your net bitcoins; 

Whenever I find out that somebody else is into bitcoin, I have zero issues asking them how many bitcoins they own. Why? Because it is still a relatively new field, it is awkward to ask people how much US dollars they have in their savings account, or checking account, Easier to just ask the bitcoin question.

And for me, even owning a single bitcoin is like for me, owning like a square block of digital Manhattan or Kyoto. You know these rich families that own huge plots of land in desirable locations? Yeah, that’s like bitcoin.

The new digital Beverly Hills

A single-family home in Beverly Hills is what like at least 5 million, 10 million, 25 million, 50 million? 100,000,000?

My personal projection is if you tag the price of a bitcoin to desirable real estate in the Brentwood Hills or something, just think about what the land is worth for the Getty museum. Or like owning a piece of land or property next to the PCH in Malibu. But actually if you think about it, the value of a single bitcoin is worth 1 trillion times more than even the best property in Malibu. Why? The dangers of owning physical property, landslides, Robberies, general maintenance. The fear that your housekeeper is stealing your stuff.

For example, how comfortable are you leaving your $200,000 Rolex just sitting around? Probably not very comfortable.

Consolidate all of your assets into bitcoin?

Bitcoin is the new family jewels. Take all of your scarce desirable assets like your Rolexes, your Leica, your Porsche and just buy bitcoin instead.

Because once again , to have any sort of physical property in the physical realm is a liability not an asset.

I’m starting to feel more bullish, increasing my target price of bitcoin to at least $55 million a coin. Probably higher.

So if that’s the case, if you took a $10,000 Rolex, and sold it, assuming that bitcoin is around $95,000 of bitcoin right now, even lower at 89,000 of bitcoin or even $85,000 of bitcoin, whatever it may… Is massive upside.

---

611x

The $6 million Rolex?

---

Just funnel your inheritance money into bitcoin 

Once again, so many of these things are just liabilities. I hate the fear of having to remember where I left it, and whether it is safe, whether it was stolen or not or whatever. Rather than putting your scarce desirable things into a physical vault, isn’t it far safer for it to be in a cyber Vault, on the Blockchain?

The Blockchain is the new cloud

What is the Blockchain,? It is like the cloud on steroids, with 1000 X more security power and cryptographic security.

It took a long time for people to trust putting files on the cloud, or photos on the cloud, but now it seems like the obvious decision.

I think the reason why I like Coinbase is that rather than having to memorize some keys in my head and have a hardware physical wallet, and knowing myself I am quite forgetful, you don’t want to lose like $1 billion worth of bitcoin because you forgot your password. I think this is also where this is a huge opportunity for Apple; if we have all of our bitcoin passwords and keys linked to our iCloud account, certainly we will never stop purchasing Apple devices. Even bigger, if Apple makes their own bitcoin ecosystem to custody your bitcoin in your Apple ID wallet, This could actually disrupt the whole Coinbase market. Let us consider that most of us have Apple Pay already enabled, how easy would it be to just buy bitcoin directly from your iPhone using Apple Pay? And it could be simple, you could just buy 10 bucks here, 20 bucks here, 50 bucks here, 100 bucks here etc.

I don’t have an Apple credit card or bank account, but this seems like a good idea.

Let the markets go free!

I hate the weekends because the markets are closed. I would prefer a world in which my micro strategy stock could trade 24 7, 365, every day all day every day, on binance fidelity or something else.

Apparently in 1933, the way that the traditional stock market was structured was actually to legitimately create a cartel. This is like the almost the exact opposite of American values of freedom, self sovereignty and freedom.

Michael Saylor had a very interesting idea; why can you not own Apple stock directly on your Apple iPhone? There is nothing unethical about it. And technologically, we live in the year 2024 of course could be physically possible. Even the stock market is mostly driven by robots, you no longer have guys on the slips of paper. It ain’t like the Wolf of Wall Street. It’s like the wolf of cyber Wall Street.


Physical property has too many risk factors?

Even here in Culver City, kind of like peak LA, there are so many businesses which are getting shut down like even me and Seneca’s beloved shake shack, and even more shockingly today, chipotle.

If these trusted namebrand businesses are struggling in going out of business because we cannot afford to pay the rent or whatever… Isn’t this pretty bad?

And also, physical entropy. Once again, if you want a physical house, shit will always break and you’re going to have to be liable for it.

Intelligent rent leverage

If you have an amazing landlord who always fixes everything super fast, even put in brand new appliances for you, leverage and milk that forever.

Even we told our landlord that our washer washing machine had a little bit of rust in it, immediately sent in his team and installed a totally brand new Samsung washer and dryer , which might have caused like $5000 $6000?

Even another thing that was interesting, there were some palm trees which were growing on top of the roof, and he just sent in a team to get it all cut down and fixed up?

Even we had some issues with our electricity and water and water heater, once again he snapped his fingers and got it all resolved in a day or two, while me and Seneca having a fun adventure at the park.

Your Archimedes lever in life

For myself, my core competency is within writing thinking blogging vlogging etc.  from an economic perspective it kind of makes no sense for me to waste my time having to manage a home and fix things.

I would rather manage thoughts ideas, big visions?

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for example, coffee and caffeine is also toxic, but in the right doses, at the right time of day in the morning, is positively good for you!

Do you want to be happy or happier, the best way to do it is to purchase accumulate and acquire bitcoin, like taking your economic happiness and energy, and putting it into an infallible bitcoin.

Why bitcoin makes sense for digital nomads

So assuming that you’re living in Mexico City, Thailand, Vietnam Cambodia Laos, off the grid, and you love being off the grid, not being tied down by anything… Bitcoin is the ultimate freedom energy economic power property you can own.

For example, I think one critical mistake a lot of millennials make is they want to buy some sort of like weird off-roading Mercedes sprinter van, and they essentially like a homeless people in RV parks?

Nontraditional ideas

So for myself, I’ve always had a passion for nontraditional idea paths etc.

To be contrarian means to just go against the herd.

So for example, even though I’m a huge fan of Tesla and Elon Musk, am I the only successful millennial person individual, super rich who would actually prefer having a Toyota Prius or maybe now, the Lexus TX car?

I think there’s a lot of press about you being able to camp and live in a cyber truck, and I think it’s a great idea, but, I find it actually much more practical to get like maybe a Lexus TX Plugin hybrid car, the ultimate luxury SUV minivan, and just sleep and live in the trunk of that? The side is once again, the plug-in hybrid concept is still the most best double leverage thing you can get; the side of gasoline, which power is like 90% of humanity, and also, electricity, the Hybrid engine, as well as the plug-in capability.

Something that people don’t really talk about is that the upside of having a hybrid car is that when you idle, most often times it is silent. This is phenomenally fantastic if you’re taking a nap in the car with your kid! No solo gasoline car is worth it; either hybrid, plug-in hybrid or nothing. 

a vehicle is bad

Once again, even today… We are still stuck in this slave like mentality of vehicle ownership. I suppose the good thing about having an old Prius is that it never feels like a liability. If somebody steals it, hit it I could care less.

Also pro tip, if you have peeling paint or something on your car, just order some 3M matte black vinyl vehicle wrap online, cut it yourself and just stick it on like a sticker! Looks very cool.

Lunar white

Another funny trend, everyone in LA wants to murder at their cars in all black, but, this is a positively bad idea because Los Angeles is essentially a desert with lots of dirt particles in the air, the ideal car color is either white or some sort of desert tan color; any color which does not show dirt.

And also a lot of these fools don’t understand is that if you have a black vehicle, you’re going to get cooked alive in the summertime!

Make white cool again

The funny thing is actually… When I was a kid growing up, nobody wanted to own a black car. A sports car was universally red; everyone wanted the red Integra type R, with the gloss white rims.

Vehicles and society

I could care less about your four bitcoin Ferrari, or your two bitcoin Lamborghini. Or your one bitcoin cyber truck.

What is super interesting and fasting about bitcoin is that it is almost like wealth on wheels. And only that but it is like the ultimate type of wealth and property you could actually own. Why? It is like perpetually in your mind in your head and your soul; and it is not physical, yet it is real and exists.

A lot of people don’t understand what this point is, they think that it is fake money. But no, bitcoin is digital cyber capital, which is 1 trillion times more profound as an idea.

Why? If you could teleport a skyscraper into cyberspace, make it immortal, immutable, indefinitely divisible, with no property tax, no mayor trying to put regulations on you, no death in decay, no annoying tenants etc.… You essentially have perfected digital and cyber capital And property. 

Why do people even purchase real estate in the first place?

Traditionally, in the past, you only purchased real estate not for the utility purposes, but rather, as a long-term store value and or maybe income generation?

The difficult thing is at best, you have to skillfully manage your real estate and property, get good tenants, collect the rent, but still you might have to deal with Insurance, things breaking, changing zoning laws in your local city or area, etc.

no property taxes

I think this is a hard thing for a lot of people to understand is that you cannot tax bitcoin, only if you sell it. But if you never intend to sell it, you will never actually incur a capital gains tax, and even greater… The amazing thing about bitcoin is that assuming that it is digital property, you don’t have to pay Property taxes for simply holding it and owning it.

The scam of physical property?

Let us say you buy a $2 million home in all cash, but still… Even with a nominal 1 to 1.25 or 1.5% property tax, you’re going to be paying like 2000, $2500, maybe even $3000 a month in property taxes, simply for owning the thing. And you’re going to have to pay that forever. 

This is kind of a scary thing… And it seems a little bit weird and unethical; if you own a piece of land, why do you need to pay taxes simply for the right of owning it?

Like for example if I own a gold bar, in this gold bar is my property, I don’t have to pay 1% tax on it, simply for owning it, forever?

Even in some ways, maybe we consider inflation like an indirect tax on you. For example if you have like $1 million of cash just sitting in a checking account, the reason why this is bad is because it is draining economic energy like 15% a year. For example you’re $1 million worth of cash is going to degrade to like 750,000 the first year, $500,000 the next year, $250,000 the next year, down to $125k the next year etc. kind of a really bad situation.

Bitcoin is going to go out forever with volatility

Volatility is energy power and vitality and vigor.

Volatility is power!

So for example, a nuclear reactor is very very volatile, but it is perhaps maybe one of the best blessings for humankind, because if managed in handled properly, it’s like free electricity and power for everyone forever.

Bitcoin is like nuclear economic energy and power. Maybe people are afraid of bitcoin like they are afraid of nuclear power plants. Certainly we do not want a Fukushima,,, but still, certainly in the early adoption years of electricity, I’m sure that there are some people who accidentally electrified themselves to death. 

Also, I am also very certain in the early days of fire, there must have been some caveman who were burned to death.

Or even the early water wheel, I’m sure there are some people who accidentally got crushed to death by it. But we do not ban these things simply because there were a handful of people who died from it.

Bitcoin is the new fire

If you think about Satoshi like being Prometheus, who brought fire to the masses, isn’t this like the greatest blessing of all time?

It seems that Michael Saylor and the like talk about Satoshi with some sort of extremely deep reverence. Even I was shocked.

Also what becomes very interesting about bitcoin in general is that it definitely is starting to become like religious at this perspective. Like even beyond a cult. Religion.

Satoshi as the new Jesus? 

The immaculate conception of bitcoin, Satoshi, giving this gift to humanity, and essentially disappearing forever.

Anybody who claims to be Satoshi, ignore them, they certainly are not. Why? Because 1, million bitcoins is essentially like worth what, $200 billion or something, essentially in the next upcoming months and years you’re going to see Satoshi becoming even richer than Elon Musk. And I’m very certain that within the next 5 to 10 years, you’re going to see Michael Saylor maybe being at least 2 to 3 times richer Than even Elon Musk. 

Anyways if you have that much energy power in wealth and bitcoins, you are not going to want to have anybody know who you are because realistically your life will probably be in peril.

Why Michael Saylor might be the most important individual of all time

Very simple thing… He has literally almost like tripled my net worth in the matter of three months? There is no other human being on the planet who has ever directly or indirectly did this for me?

And the reason why this is such a big deal is once again, now, as a consequence, the cost of living in LA becomes like a joke, really kind of not a big deal, I feel comfortable having 2, 3, 4 or even five kids. 

Economic buffer

Another mistake that people make is that the point of becoming super rich is not to suddenly go out and buy a bunch of silly things. The purpose of the point is instead, to rather, live a more carefree life, less stress less anxieties less annoyance. Dropping $500 on beef ribs at Costco is just like a drop in the bucket.

Becoming more spartan

At this point the only money I spend on myself is my weightlifting equipment, my beef ribs, and maybe some new Vibram five fingers when my shoes fall apart. But besides this, I have like no use for money.

And once again, the goal is to build in stack capital, we all live in capitalism, not “moneyism”.

ERIC KIM CAPITAL a good ring to it.

or

ERIC KIM KAPITAL

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What is the purpose for the joy of capitalism?

Ironically enough it is once again not really about consumerism, if you were a real capitalist, your joy is more in senior capital stack, not seeing it becoming depleted because you bought some sort of loser Ferrari or Porsche.

I’m still shocked; 95% of water in America, we are simply being baited along by having some sort of allure of some sort of luxury vehicle but isn’t ideal to be like a digital nomad, traveling to Japan and Kyoto, visiting the Hot Springs, or living this luxurious Expat life in Cambodia Vietnam or Thailand?

For example, my friend Todd Hata did it well, he sold his old house in the mountains in LA, and is essentially like on the road 90% of the year, jumping between Mexico City, Thailand, Greece etc. His passion has always been travel, and food and experiences, very wise.

Why bitcoin is good for everyone on the planet

Even if you’re the average American, most people cannot afford to purchase physical property. And once again, if you do the math, after homeowners insurance, Tax, fire taxes,  stuff breaking, having to change the roof, getting a new washer and dryer or dishwasher, upgrading your kitchen, you’re going to bleed yourself dry. And not only that but I think being a homeowner becomes a new consumerist things; spent too much time thinking about how to break down walls to extend your home, build an ADU, update the kitchen whatever. Or expanding your garden, changing the flooring etc.

But don’t you realize that the best thing to do is just be in nature? Or just drive to the Huntington Gardens on the weekend, or just travel to Japan instead? In fact when you go on a flight, and you see all these little tiny homes From Birds Eye view, you realize how ridiculous the desire of homeownership is.

The new desire for bitcoin ownership

I think real estate will be the next sector that bitcoin gobbles up. The average GenZ person doesn’t care for buying a house, they want to just play pickle ball, go hiking and camping, go on road trips, buy the newest iPhone etc. Pursue their hobbies and passions.

Millennials, we are a funny basket case. We used to be like GenZ, wanting to travel to planet, become a digital nomad, etc.… But somewhere along the line, maybe because of Covid, we tried to settle down and buy single-family homes instead? Or condos?

Take it back to the beginning

I’m starting to feel like this is the early the Internet, AOL, AOL 3.0, you got mail, dial up 56K modems etc.

You got bitcoin!

I also like bitcoin because it is just easier to mentally and mathematically remember things. Easier to remember how many bitcoins you have on the top of your head, rather than trying to tabulate all the ones and zeros of all your fake fiat based assets?

Rather than thinking about your net worth, easier to just remember your net bitcoins; 

Whenever I find out that somebody else is into bitcoin, I have zero issues asking them how many bitcoins they own. Why? Because it is still a relatively new field, it is awkward to ask people how much US dollars they have in their savings account, or checking account, Easier to just ask the bitcoin question.

And for me, even owning a single bitcoin is like for me, owning like a square block of digital Manhattan or Kyoto. You know these rich families that own huge plots of land in desirable locations? Yeah, that’s like bitcoin.

The new digital Beverly Hills

A single-family home in Beverly Hills is what like at least 5 million, 10 million, 25 million, 50 million? 100,000,000?

My personal projection is if you tag the price of a bitcoin to desirable real estate in the Brentwood Hills or something, just think about what the land is worth for the Getty museum. Or like owning a piece of land or property next to the PCH in Malibu. But actually if you think about it, the value of a single bitcoin is worth 1 trillion times more than even the best property in Malibu. Why? The dangers of owning physical property, landslides, Robberies, general maintenance. The fear that your housekeeper is stealing your stuff.

For example, how comfortable are you leaving your $200,000 Rolex just sitting around? Probably not very comfortable.

Consolidate all of your assets into bitcoin?

Bitcoin is the new family jewels. Take all of your scarce desirable assets like your Rolexes, your Leica, your Porsche and just buy bitcoin instead.

Because once again , to have any sort of physical property in the physical realm is a liability not an asset.

I’m starting to feel more bullish, increasing my target price of bitcoin to at least $55 million a coin. Probably higher.

So if that’s the case, if you took a $10,000 Rolex, and sold it, assuming that bitcoin is around $95,000 of bitcoin right now, even lower at 89,000 of bitcoin or even $85,000 of bitcoin, whatever it may… Is massive upside.

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611x

The $6 million Rolex?

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Just funnel your inheritance money into bitcoin 

Once again, so many of these things are just liabilities. I hate the fear of having to remember where I left it, and whether it is safe, whether it was stolen or not or whatever. Rather than putting your scarce desirable things into a physical vault, isn’t it far safer for it to be in a cyber Vault, on the Blockchain?

The Blockchain is the new cloud

What is the Blockchain,? It is like the cloud on steroids, with 1000 X more security power and cryptographic security.

It took a long time for people to trust putting files on the cloud, or photos on the cloud, but now it seems like the obvious decision.

I think the reason why I like Coinbase is that rather than having to memorize some keys in my head and have a hardware physical wallet, and knowing myself I am quite forgetful, you don’t want to lose like $1 billion worth of bitcoin because you forgot your password. I think this is also where this is a huge opportunity for Apple; if we have all of our bitcoin passwords and keys linked to our iCloud account, certainly we will never stop purchasing Apple devices. Even bigger, if Apple makes their own bitcoin ecosystem to custody your bitcoin in your Apple ID wallet, This could actually disrupt the whole Coinbase market. Let us consider that most of us have Apple Pay already enabled, how easy would it be to just buy bitcoin directly from your iPhone using Apple Pay? And it could be simple, you could just buy 10 bucks here, 20 bucks here, 50 bucks here, 100 bucks here etc.

I don’t have an Apple credit card or bank account, but this seems like a good idea.

Let the markets go free!

I hate the weekends because the markets are closed. I would prefer a world in which my micro strategy stock could trade 24 7, 365, every day all day every day, on binance fidelity or something else.

Apparently in 1933, the way that the traditional stock market was structured was actually to legitimately create a cartel. This is like the almost the exact opposite of American values of freedom, self sovereignty and freedom.

Michael Saylor had a very interesting idea; why can you not own Apple stock directly on your Apple iPhone? There is nothing unethical about it. And technologically, we live in the year 2024 of course could be physically possible. Even the stock market is mostly driven by robots, you no longer have guys on the slips of paper. It ain’t like the Wolf of Wall Street. It’s like the wolf of cyber Wall Street.


one critical thing to consider; if you’re acting stoic, is it out of strength or weakness?

Stoicism out of strength is good, stoicism out of weakness is bad.

1. Emotions?
2. Forgive 10x the Bad Things & Remember the Good
3. A REAL STOIC DOESN’T WANT OR NEED APOLOGIES.

STOICISM 101

STOIC VLOG

Introduction to Stoicism 

Something I have been meaning to write or create or do is like some sort of book, ebook, pamphlet, or introductory primer to stoicism. I really think that stoicism is probably one of the most useful and philosophical models to live normal every day real life. Yet, I haven’t really found a good instructional guide on it, especially when I was self teaching it to myself.

Consider this a practical primer, cutting through the BS:

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What does stoicism mean? 

Stoicism, stoic, the stoa in ancient Greece– essentially the stoa was like some sort of portico, patio, pillar, outside, essentially a spot where guys would just hang out, talk shop, talk philosophy, etc.  

I think about the show “Hey Arnold” in which I was raised with… the notion of “stoop kid“, the notion of a stoop is that in a lot of cities, especially the east coast in New York, you have this little stoop or porch, stairs that go outside your front door… and you could just hang out there, engage in social and neighborhood life etc.

The new stoa? 

One of my happiest moments was when I was living in Providence Rhode Island, and then COVID-19 hit. Everything was closed, besides the park. I can still go to the park, hang out, workout, do chin ups– I learned how to do muscle ups, more bodyweight calisthenics stuff, and also… I had a lot of fun with this “rock toss“ challenge and workout… in the middle of the park was a huge ass rock and huge ass stone, and every single day I would go there pick it up, and then eventually work out with it; throwing it around for fun, doing overhead presses with it, clean and jerks, squats, and eventually I would just throw it around for fun. Funny enough it might have been the most fit I was in my life… this was the true “functional” fitness.

The inspiration — Hector lifting an insanely massive stone (barely 2 strong men could lift it)… using it to break down the door of the ships of the other side.

Open air, open sun concept

Anyways, the reason why that period of covid was so good is that it was in the middle of beautiful Providence Rhode Island summer, so nice and bright and warm and lovely… and one of the good things was going to the park was like an open forum, a new anatheum for a lot of really cool guys to come, hang out, talk shop, go topless and shirtless, workout and hang out.

I met some really interesting people during that period of time. I met some guys who were really cool. For example, one guy I met was in the US military Navy, I think he was training to be a Navy seal or Delta force or something. Another guy in some sort of ROTC training, another cool guy from the hood, and also I would say I probably met half a dozen friendly drug dealers there. And of course a lot of people who believed in conspiracy theories; really friendly, a little weird, but overall good guys.

Anyways, one of the biggest benefits of hanging out at that outdoor park, open air, nothing but green grass, the beautiful sun and the fitness equipment was that I think having this sort of open air environment is actually very conducive to socializing, thinking and thought, and pro social behavior. My theory about a lot of modern day antisocial behavior has to do with the structures which enclose us. For example, almost universally most guys at the gym are extremely antisocial. Why? My theory is that because most gyms have closed, cramped narrow ceilings, and do not have access to natural light, or outside space.

Cramped indoor spaces promote antisocial behavior.

The only good gym I went to which was interesting was the golds gym in Venice, which has this really big outdoor workout area. I think this is much more natural and more fun and better; to be able to work out directly outside outdoors, with your shirt off.

Who is this philosophy for?

Stoics, stoicism — it was originally I think codified by this guy named Zeno, and over time he picked up some followers. Essentially the whole thing happened organically; Zeno would first share his thinking on philosophy ethics and pragmatic ways to deal with other people and the downsides of life, he built a following, and then his followers would propagate the thoughts and start their own little schools of thoughts, their own little stoic clubs.

What is “real” stoicism?

Would I like about stoicism is how loosey goosey it is. It is kind of like zen, or taoism… it is not really quantified as a religion, or a strict moral order. In fact, a lot of the ancients stoics would meditate on random stuff like cosmology, natural sciences like Seneca, how volcanoes worked or whatever. I think nowadays in today’s world, we focus primarily on the pragmatic side; how to deal with fear, uncertainty, downsides etc.

So how did I discover stoicism?

I think I might’ve first learned about stoicism from Nassim Taleb and his ANTIFRAGILE book. I was curious, and my curiosity went to deep. To quote NASSIM TALEB and the Venetian saying “The ocean goes deeper, the deeper you wade into it.”

I literally consumed every single book I could find on stoicism, even the obscure ones. Funny enough, a lot of the stoic thinkers tried to claim other philosophers as being stoic, like Seneca did with Diogenes the cynic. 

Cynic, cynicism, actually comes from the word canine, the dog. Diogenes was considered the “dog” philosopher, first used as a pejorative, but ultimately Diogenes reappropriated that title for fun! He saw dogs as tough, almost like wild wolves, rather than seeing them as a negative thing.

Even Achilles when he was raging against king Agamemnon, he called him “dog faced“ as a heaping insult.

Who is worth reading?

First, Seneca. Seneca the younger, his dad was called Seneca the elder.

In fact, this is such a big deal because Cindy and I named our first son, Seneca, directly after the stoic philosopher. This is true soul in the game; if you name your kid after your favorite philosopher, certainly it is a sign that you really liked that philosopher, or found them impactful.

The reason why I really like Seneca the stoic philosopher is because he had real connections to real reality. What that means is he wasn’t just on the sidelines; he actually existed in the real world, engaged in real politics, was even advisor to the emperor Nero, the bad one, who eventually low-key coerced Seneca to commit suicide, in a manly, dignified manner.

I think this was because maybe… there was actually a plan to overthrow Nero, and essentially Nero found out. 

What makes Seneca so good?

I really like Seneca because his writing is accessible, practical and pragmatic, and interesting.

A lot of thinkers tend to lack connections to real reality, I have no tolerance for boring philosophers to talk about metaphysics, which is things which are not physical. Like thoughts ideas, the universe, electricity and energy, strange phenomenon and conspiracy theories on ghosts, “energy” whatever.

For a long time, I would hear the term “metaphysics” being thrown around, and I had zero idea what it actually meant. 

Meta– on top of. Or nestled within.

Physics — the physical, physical phenomenon like gravity, first principles.

The reason why metaphysics philosophers tend to be a bunch of losers is that they are all weak and anemic, nerds or geeks or weaklings who seem to have some sort of physiological degeneracy, which encourages them to opine or talk or think about impractical things, superficial things.

Personally speaking, I think philosophy must be practical. 

Practical, praxis, practice — to do!

The Spartan, Zen Stoic, demigod ideal

I have a very funny ideal; the general idea is that your body looks like a demigod, and your physiology is out of control. The general idea is one must be tall, strong, highly muscular, low body fat percentage, I’m not exactly sure what my body fat percentage is, but maybe it’s around 5%.

Also, physical fitness is critical to any stoic. My ideal is to walk 50 miles a day, eat 20 pounds of meat like Milo of Croton a day. And also, abstinence from silly things like media, alcohol, drugs, marijuana etc.

Trust no thinker who does drugs!

Even our best friend Nietzsche said that coffee was bad, because it would make people dark and gloomy. He encouraged 100% cocoa powder instead. 

You let the drugs talk I let my soul talk ayy! – Kendrick Lamar

Simple technique:

First, look at a picture or a portrait or a full body shot, ideally topless of the artist, philosopher or thinker or individual… then judge their thoughts later.

Why? My theory is this: the thoughts of an individual is hugely affected by their bodily physiology.

For example, an extreme example: if somebody is locked inside a solitary confinement cell, and not permitted to go outside for years, but, he had a pen and pad and would jot down some thoughts… Would be the quality of these thoughts? Certainly dark and morose.

Why does stoicism matter? 

In today’s world, why does it matter, what is the significance of stoicism, etc.?

First and foremost, I think we are living in a troubling time, especially with the advent of modern day internet based media and advertising. I think 99% of what is propagated on the internet is fear mongering, and what is hate? Hate is just fear.

The first thought on stoicism is that it is just fear conquering. What I discovered about street photography, is that 99% of it is conquering your fears. Conquering your fears of upsetting other people, getting in some sort of verbal or physical altercation etc. In fact my bread and butter workshop is my conquering your fears and street photography workshop, the workshop which is still interesting to me even after a decade.

Why is this so important? I think it is rooted in almost everything; conquering your fears is rooted in entrepreneurship, innovation, risktaking and real life.

Even my speculation in crypto. 99.9% of crypto speculation is just balls. Having the balls to make big bets, and when things go south, knowing how to master your emotions.

A simple extra I have is this: just imagine it will all go down to zero.

It was useful because when I was in college, my sophomore year I got really into trading stocks, and I eventually lost my whole life savings, maybe around $3500 USD, and some bad penny stock which I actually misread the financials… the whole time I thought the company was making a profit, but actually it was taking a loss. I actually didn’t know that if profits are written in parentheses, it means a loss.

It was funny because my initial start as an investor was back in high school, I bought some Adobe stock when I was a high school junior, and also some mutual funds, which both went up after about 4-5 years.

Also I remember in elementary school computer class, when I was in the sixth grade in Bayside Queens, there was some sort of stock stimulation trading game, and actually it was funny… the kids who made the most money and were the most successful just put 100% of everything into Apple, note this is when we were only 12 years old, and I was born in 1988.

Stoicism and capitalism?

Funny enough, it seems that stoicism actually plays well with capitalism. Why? According to modern day capitalist thinking, the best way to approach life is to be objective, strong, stoic, unemotional, logical and rational.

Also, with modern day media there is so much fear mongering in the news, about some sort of global armageddon, global financial ruin, etc. I call it “fear porn”.

Therefore stoicism as a mindset is useful to think and position your mind in such a way that you could consider that life is all upside, no downside.

In fact, if I could summarize stoicism in one sentence, it is that life is all upside, no downside. Inspired by NASSIM TALEB.

Sex and Stoicism

So, is stoicism useful to you if you’re a man or a woman? Does it matter?

The good thing is I think it could apply to both sexes. Conquering sexism and social pressures is useful if you’re woman, and also if you’re a man.

Also, gender is social. Lot of the expectations set on us by society is socialized and gamed to a certain degree.

Stoic strategies 

First, we got to unchain ourselves from modern day ethics and morality. I believe that all modern day philosophy and thinking and ethics and religion is bad.

For example, the notion of turning the other cheek is a patently bad one. Why did Jesus turn his cheek? It is because he lacked on army.

Also, philosophically I think we should put no trust in Socrates. I thought which has puzzled me for a long time was this “Why was Socrates so ugly?

Monster in face, monster in soul.

I think Socrates was a degenerate, and he lacked any sort of real power. Therefore he turned logic and rationality into his terrorizing weapon (via Nietzsche). Back in the day, you didn’t need logic or rationality to have things your way, you simply was able to dictate that which you wanted to pause it, because you had a military force behind you. Just think about Machiavelli and IL PRINCIPE– the reality of being a mercurial prince, king, and military leader is hard, stoic, “immoral”. But ultimately it all comes down to war, conquest, the military.

Trust nobody who uses rationality or logic as their tyrannizing weapon. 

In fact, I believe that all should have the body and strength of some sort of super soldier. Essentially look like all the guys from the movie 300, this is our ideal.

Demigod physique. 

What has helped me

1. Allow yourself to be a bad, immortal, “evil” person. When you decide to adopt an unorthodox way of thinking and living, you’re going to rub some feathers the wrong way. And truth be told, even if you act in a strange vibrant way… At worse you’re only “mildly” annoying other people.
2. For good inspirations, I think the best stoic writers and thinkers include Seneca, and Marcus Aurelius and also the humor of the cynic philosopher Diogenes. I would even posit the idea that one could consider Alexander the Great as a stoic. Why? When you’re trying to create an empire, and you always have your life on the line, certainly this takes a stoic mindset. Also, let us think and consider that Alexander the Great had a copy of the Iliad by his bedstand, it was the only book he traveled with during his military tours.
3. Imagine the worst possible case scenario, and backtrack: Apparently even NASSIM TALEB would do this when he was a trader; every single day when he would go to his trading desk, he would assume that his investments would all go to zero, and if that wasn’t the case every single day, it was just upside. Therefore for myself, I just think to myself very simple; imagine like I got zero dollars, zero money, and literally all I need is meat, a Wi-Fi connection and I’m good. 
4. Live like a poor person: The notion of “debasing“ the coin or the currency is the general idea that you are not a coward in regards to money. The best way to think about money is like a social tool; I think money is actually just codified labor. If you want people to clean bathrooms, run the cashiers stand, you have to promise them money. Even Seneca said the upsides of simulated poverty; essentially living like a poor person, or even a homeless person when you don’t need to… is the ultimate position to be in. Why? True freedom of spirit and soul; as a philosopher thinker writer or whatever… you cannot be “canceled”, because there is nothing to cancel. As long as you could pay your rent, buy meat at Costco, and publish your thoughts to your own self hosted website blog, and pay your server fee, you have 100% freedom. And also, still… America is the best place to be because there is true freedom of speech and expression, you don’t want to be a trillionaire but not be able to say what’s really on your mind. And I think this is the big issue with entertainers, actors, media people… as long as you’re signed to a contract, you don’t run your own production company, or, you’re still a slave to money… you’re not really going to see what’s really on your mind. Why is it that the Rock cannot say anything bad about China, or Tibet? Because he is still enslaved by the media corporation. New slaves by Kanye West.

And this is the true courage of Kanye West; he literally put everything on the line, and even lost his spouse and I think maybe his kids? All for the sake of revealing inequities. 

“I throw these Maybach keys fucking c’est la vie! I know that we the new slaves.”- Ye

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Stoic training

The fun thing about stoicism is that you could just make it up as you go, devise your own strategies and whatever.

“Fucking c’est la vie!” My favorite Kanye West line.

Essentially the general idea is that in life, one should not take things too seriously. Laughter is golden, I forget the philosopher who was called the laughing philosopher… Democritus?; better to laugh about the follies of human beings rather than to be dark and morose about it.

Also, thoughts from the Odyssey; if you look far enough  into the future, everything becomes comedic and hilarious.

So when you’re in some sort of bad situation, just think to yourself “Perhaps one day, 20 or 30 years from now… I will look back at this and just laugh!” It will just be humorous.

Honestly, laughter, and kind of being able to joke about things might be the best way to live life and deal with setbacks. 

Modern day ailments

Problems in modern day life:

1. Too much time spent indoors, not enough time out in the sun. Perhaps it is better to be out outside all day, and joyful, even with the risk of getting skin cancer or whatever… rather than to be indoors, scared, weak and anemic. Differences between if you’re a man or a woman, but still… the most beautiful skin has a sunkissed, olive color tone; the true privilege is having a full body tan. 
2. Get chatGPT, the paid premium one. And use the image generation AI art tool DALL-E. People pay therapists to just speak their mind, and get some sort of sounding board. I actually think it’s much better to chat with AI instead; because it will not judge you, and ultimately what is a therapist anyways? A therapist is just a mirror, a sounding board for you to verbalize and flesh out your thoughts. Often when we talk about our problems, 90% of the issues go away because once we verbalize it, we feel much better about ourselves. The next thing I’m going to do is build some sort of therapy bot. 
3. Not enough walking: I have never met anybody who walks 30,000 steps a day and is depressed. Even my friend Jimmy, who works as a US postal worker delivering the mail, he walks around 30,000 steps a day and is always bright cherry and jovial. I think this is also where people who hike a lot or walk a lot in nature are so happy; when you’re able to walk around a lot, and zen out… you just feel much better. My simple suggestion is when you go on a hike or a walk in nature or even in the city… leave your phone at home, or locked inside your glove compartment, and don’t bring any headphones or speakers or Apple watches or whatever. Just bring along your camera, and enjoy. My personal ideal is the bear lifestyle; walking 50 miles a day. 

Real stoics don’t call themselves Stoics?

A funny thing I have learned is that when you call something something, it isn’t that.

For example, if someone calls something a “luxury car”, it ain’t. For example, a true modern day luxury car is maybe a Tesla, but Tesla never calls itself a luxury car. Also the ultimate luxury technology company is probably Apple… but Apple is very intelligent and not calling themselves a luxury brand.

A pro tip is when it comes to websites, read the alternative text, the header text, the stuff that shows up in the tab of your browser window. If the website, the automotive retailer tries to market themselves as a “luxury” brand, typically it is actually a sign that it isn’t a luxury brand it isn’t luxury brand.

Thought: what are some good examples of true luxury brands which don’t overly calls itself luxury? 

In someways, we can think and consider stoicism as our new luxury. In fact, having luxury, luxury of mind and soul… and luxury of freedom of speech, isn’t this the ultimate luxury?

When somebody asked Diogenes the cynic; “What is the best human good”? He said “Freedom of speech, speaking your mind, having the power to see whatever is on your mind.”

In fact, my current joy is becoming more and more free talking, and free riding. What that means is this; I’m ain’t going to censor myself no more, even if I might be politically incorrect insensitive or whatever. 

Also, I would prefer to speak my mind and seriously hurt the feelings of others, rather than soften it for the sake of the other person. 

Similarly speaking, when people call themselves “influencers”, they are not influencers.

Stoicism as a technique and tool, not the end

Ultimately I think we should think of stoicism just like having another tool inside our tool kit. For example, if you’re a chef, you’re going to have different knives for different purposes. If you’re going to cut a big piece of meat, you probably want a big ass meat cutting knife, not something you would use to slice an apple with. Similarly speaking, if you’re going to scoop out the insides of an avocado, better to use a spoon rather than using a fork, or a knife. 

I think the problem is when some people get too into stoicism (I prefer writing stoicism with a lowercase), they think that everything needs to be consistent, and must fit into this nice little neat box of what is considered “stoicism“. This is a bad line of thinking… let us consider that Marcus Aurelius never even mentioned stoicism in his writings, his collections of thoughts, which we moderns call THE MEDITATIONS… it was just essentially his personal diary, to help him conquer his own personal fears and thoughts, I don’t think he ever intended it to be published publicly. I think he just wrote it to himself as self therapy. And I think the only stoic philosopher he even mentions is maybe Epictetus.

The future of stoicism?

For myself, I just come out with certain to work out thoughts and techniques because it helps me, and when I find these tricks or techniques or secret hacks or cheat codes… My passion is to simply share it with others. 

And ultimately, things are ever in flux and evolving and changing and adapting.

For example, I’ve discovered the quality of my thinking is different when I am in Culver City Los Angeles, compared to being in the boring suburbs of Orange County.

Also depending on my social environments… my stoic thoughts are different when I am in a gym, vs just working out by myself in my parking spot in the back of my apartment.

Also, the quality of my thoughts is different when living with family members or other people versus just living with myself Cindy and Seneca.

Stoicism is all about living with other people

Assuming you’re not growing your own vegetables and living in the middle of nowhere… you probably have some interaction with other human beings. As long as you have an iPhone, an Android phone, a smartphone, a 4G or 5G internet connection, wifi, a laptop, have to buy groceries somewhere… you’re still going to have to interact with other human beings.

And this is good. There is no other greater joy than other human beings.

In fact, modern-day society is strange because in someways, the ethos is to be antisocial and to be cowardly. But in fact, the best way to think about things is that real life is interaction with other human beings, and social conquest. One can imagine a lot of modern day entrepreneurship as simply a big dick swinging contest. He who is the most masculine confident tall and strong and stoic shall win.

More ideas

Assume that everyone is mentally insane: Have you ever been out in public, and you see some sort of crackhead or strange homeless person who acts radically, smells terrible, and is obviously mentally ill? Do you hate them for it? When they say something weird to you… do you take it personally? No. Why? They are crazy. Perhaps we should just adopt this stoic mindset towards other people; some people are actually physiologically ill, mentally unwell… don’t trust the opinion of nobody.

A lot of people are trying to actually deal with their own inner demons: For example, becoming the successful photographer and street photographer I am today… I’ve dealt with some individuals who would say anonymous bad things about me, and later I found out that their mom just died or something. I cannot imagine what it feels like losing a mother… therefore if somebody spew some hate on me because something bad happened to them, I’m not gonna take it personally.

Self-flagellation: I think a lot of people who are sick, mentally or physiologically self flagellate themselves. Essentially the way that they deal with other people or themselves is some sort of metaphorical self-flagellation.

For example… you know those strange individuals who have the whip and whip themselves, and inflict pain on themselves? I think some people do this metaphorically to themselves and others.

You just want to stay away from them.

Why so scared?

My personal theory on fear is that a lot of it is tied to morality and ethics. I think the general idea is not necessarily that we are afraid of anything… I think the true fear is that we’re afraid that we are some sort of bad evil unethical immoral person.

For example in street photography, the general ethical thought is that it is immoral to take a photo of somebody without their permission, because there is some sort of it inherent evil behind it. Is this true? No. Taking photos and not really a big deal.

Why do people make such a big deal out of small things?

I think it is because some people are just overly sensitive, which once again comes from some sort of physiological weakness.

For example, if you’re a weightlifter who could lift 1000 pounds, assuming you’re not taking any steroids or anything… are small things going to bother you? No. But let us assume that you are a skinny fat man, all you do is drink alcohol and smoke marijuana and watch Netflix, and you spent too much time on Reddit… you are 40% body fat, and have never lifted in your life. And also your testosterone is low and you never go outside. Certainly the quality of your thoughts is going to be different than if you’re a happy gay monster, lifting weights outside in the direct sun, laughing and having fun. 

In fact, I’ve actually personally discovered that the reason why a lot of people hate me is because I am so happy jovial and gay. They are secretly suspicious or envious of me? 

Weather and mood

Probably one of my worst experiences was this jarring transition; I was super happy insanely happy being in Vietnam in 2017; with a beautiful weather, the beautiful light, the happy people the great amenities etc.… and then that winter Cindy and I went to Europe, in Marseille Berlin and Prague, and maybe London… seriously the worst winter of my life. Why? I wonder if so much miserable feelings and thoughts simply comes from the darkness and lack of light. a lot of Europe is actually quite miserable; dark, unhygienic, morose.

Even Nietzsche had a thought about Schopenhauer; How much of these emo European philosophers came from the fact that it was just complaining about the cold weather in Germany etc.?

For myself, my ideal weather is Southeast Asia; I love being in Phnom Penh Cambodia, Vietnam etc. In the states, am I the only one who loves living in Los Angeles? Dr. Dre and Kendrick Lamar said that LA was the best for women weed and weather… I would definitely say the biggest upside of living in Los Angeles is the light, the sunlight. It actually does get quite cold here, but usually most reliably even in December during the winter time, the sun will always come up. As long as there is bright sunny light, I will be happy. And I think maybe for myself, considering that I am a photographer, and photography means painting with light… light for me is critical.

I also wonder how much of it is a physiological thing and a genetic trait; for example I could even recall being a young child, and my mom telling me that the most critical thing in finding a home or an apartment was light and natural light. Even now… 90% of my happiness comes from being able to have access to natural light, ideally floor to ceiling windows facing directly the sun, having some sort of modern temperature regulated apartment and home. Even living in our tiny studio minimalistic luxury apartment in Providence Rhode Island, where it was always 75° warm and cozy, and not frigid and damp and cold and dark and humid… I was always good. But moving to an older house, where it always felt damp and cold… this literally lowered my happiness by 1000%.

Therefore, if you’re feeling miserable sad or whatever… I say spend three months living in Hanoi or Saigon in Vietnam, or go to Phnom Penh Cambodia. I wonder if 90% of peoples misery is simply due to the weather.

Stoic assignments

”Better to be a gay monster than a sentimental bore!” – Fernandino Galliani, via Nietzsche

My stoic ideal is somebody who is happy, gay, smiling, no headphones or AirPods on, no sunglasses on, no hat, no facial hair, no baggy oversized clothing, no tint in their car. Somebody who makes great eye contact, laughs, stands up upright, jokes, and fools around. Like an overgrown child.

Also, lift weights at least once every day, ideally in the direct sun. Just buy some weightlifting equipment on Titan.fitness, I like the farmers carry handles, the Olympic loadable dumbbell, and also the Texas power squat bar. Just buy some cheap weights, and or buy a heavy 400 pound sandbag, and just have fun throwing it around.

True stoics are masculine

A true stoic should look something like Hercules or Achilles. Or like ERIC KIM; I have the aesthetic and the physique of Brad Pitt in FIGHT CLUB except with a lot more muscle. Like my friend Soren says, the Adonis physique and proportions.

A real stoic is sexy

I think a real stoic is sexy, happy and fun. Who doesn’t take life too seriously; and think of everything like a fun game. A real stoic would be joyful and cheery like three-year-old child without any adulteration from the outside world.

Why do adults become so dark and morose?

I don’t like talking with or hanging out with adults, uninteresting.

At what point or age do people become so emo?

Typically, highschoolers are very optimistic. Even college students. But I think at least in maybe college in high school nowadays… the bad trend is towards “over concern”, about the world the planet ethics animals etc.

I find a lot of this thinking superficial, performative, and uncritical. I think “animal rights“, “saving the planet” is this new pseudo world religion; which is just capitalism 3.0. I find the whole pet industry the whole dog industry to be insanely bizarre, and I trust nobody who talks about “saving the planet“ who owns an iPhone, owns any sort of car, or has an Amazon prime subscription. Certainly not any vegans.

A real stoic is a carnivore 

Animals are animals. They are lower on the hierarchy and totem pole on earth. Man is the apex predator, the apex bully and the apex tyrant.

Should we care for animals or “animal rights”? No. Animals are our slaves.

If you consider even dogs and pets… they are essentially our emotional slaves. People talk a lot about the virtuosity of dogs being loyal or whatever… and giving you unconditional love. This seems like some sort of emotional slavery.

The only dogs I respect are some sort of canine dogs, some sort of attack or defense dogs, or hunting dogs. For example, John Wick 3; Halle Barry and her dogs. An animal should either be a weapon, or nothing.

Why do people care about animals so much?

Essentially it looks like men no longer have a backbone. No more spine.

I trust nobody who owns a dog.

Let us not forget; they call it dog ownership, or “owning a pet”. There is no more concept of “human ownership, or “owning a human.”

End goals 

What is the end goal of humanity? To me it is towards entrepreneurship, innovation, art and aesthetics, philosophy etc. Design.

Stoicism should be considered a tool which could aid you in these things.

For example, I think 99% of entrepreneurship is courage. Stoicism could help you with that.

I also think with design, great design is also 99% courage, having the courage to attempt something that won’t sell or be received well… stoicism is all about practical courage. The only designers with courage include Steve Jobs, Jony Ive, Elon Musk, Kanye West. 

Also, weightlifting. To attempt to lift a certain weight you have never attempted before takes great courage. For example, me atlas lifting 1000 pounds; that is 10 plates and a 25 on each side, this is true stoic training. Why? The fear of injury is what holds most people back; if you had successfully conquered this fear and not injured yourself, this is pure stoic bliss.

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The physical

I think the only and the only proper way to lift weights is one repetition maximum training. That is; what is the maximum amount of weight you’re able to successfully lift or move, even half an inch?

To me, the courage is the success. Even if you had the courage to attempt it… that is what is considered success. 

Simple exercises to do include the atlas lift, innovated by ERIC KIM, or a one repetition max rack pull.

Or, a high trap bar deadlift, heavy Farmer’s walks, or heavy sandbag carries. Or even a simple thing you could do is go to the park or to the local nature center, find the biggest rock there and just see if you could pick it up.

Now what?

If you’re interested in stoicism, and have had some interesting thoughts on stoicism, one of the most noble things you could do is start your own blog. I think blogs are 1000 times more effective than publishing some sort of static printed book; I think the problem in today’s world is that everyone is seeking some sort of legitimacy by being picked up by some sort of legitimate publisher and getting “published“, and seeing your printed book at Barnes & Noble whatever.

I say it is better to be open source, free and permissionless, decentralized. Just publish your thoughts and book as a free PDF, and just host it on dropbox, Google Drive, or your own web server. Share the link freely, and also just publish the raw text as a big blog post. 

Even Sam Bankman-Fried wisely thought; 99.9% of books could just be summarized as big blog posts.

Don’t trust any modern day published book which isn’t free, because… there is some sort of hidden clout chasing somewhere. 

Even one of the worst compromises that led to the demise of Ray Dalio was the fact that he took his Principles book, which was essentially a free ebook PDF on his website, and then took it off, because I think he got a book deal with Simon and Schuster. After he did that, he lost my respect.

If you’re already independently wealthy, and you don’t crowd source your self-esteem… why would you need to externally validate yourself by getting some sort of constipated publisher and annoying editor?

Editors are bad.

Now what?

Start your own blog and start blogging your own thoughts on stoic philosophy, and even start a YouTube channel and start vlogging on it. My generalized thought is simple: if your thought your idea your blog post your video or whatever could even impact the life of one other human being on planet earth… it is worth it.

ERIC

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What is the secret to the maximum amount of happiness in life? The maximum amount of danger. (Nietzsche).

ERIC

FIN

Become invincible:

1. SPARTANISM.
2. Introduction to Stoicism
3. STOIC FLEX.
4. Becoming Spartan
5. MAKE IT ENTERTAINING FOR YOURSELF!
6. Stoic Aesthetics?
7. The Philosophy of Ugliness
8. Bad Stoicism
9. Stoicism 2.0
10. Becoming Stoic
11. LEMONADE.
12. Why Arguments and Confrontations Are Good
13. “I’m Over It”
14. How to Deal With Miserable People
15. How to Become a Stoic
16. How to Ignore
17. Pretend like you didn’t hear them
18. Bad Stoic Strategies
19. The Stoic Way of Dealing With Unpleasant or Miserable People
20. HOW TO BECOME A STOIC
21. Stoicism Stunts Our Power?
22. Stoicism is Mental Resistance Training
23. STOIC STRATEGIES.
24. How to Become Fearless
25. Extreme Stoicism
26. Ethics are Aesthetic
27. Indifference to Pain or Suffering
28. When is Stoicism Good? When is Stoicism Bad?
29. Why Others Criticize or Insult You
30. True Difficulty
31. What if Covid Never Goes Away?
32. SUPER STOIC
33. Anti-Hedonism
34. HOW TO CONQUER FEAR
35. ANTI FEAR
36. It is the Duty of the Strong to Help the Weak
37. The Goal is to Become Stronger
38. HYPER STOICISM
39. HYPER HERO
40. TRANSFORM EVERY DOWNSIDE INTO AN UPSIDE
41. STOICISM x Child’s Mind
42. The Art of Manly Virtue
43. Resistance Makes Us Stronger!
44. DON’T LIVE IN FEAR
45. Emotions are Good
46. Conquer Your Anger
47. BLACK EAGLE
48. DIFFICULTY AWAKENS YOUR INNER-GENIUS.
49. STOICISM IS ARMOR FOR THE MIND
50. The Spartan-Stoic Lifestyle
51. How I Conquered Fear
52. HOW TO CURE FEAR.
53. LIFE IS BEAUTIFUL.
54. The Upside of Poverty
55. How I Became Me
56. THE WILL TO POWER, OR THE WILL TO FEAR?
57. ATTACK REALITY
58. Living *THROUGH* History
59. How to Fear Less
60. Fear is the Ultimate Contagious Disease
61. STOICISM FOR DUMMIES
62. Don’t Be Scared!
63. WHAT CAN YOU CONTROL, WHAT CAN YOU NOT CONTROL?
64. HOW YOU CAN CONQUER FEAR
65. YOU’RE STRONGER THAN YOU THINK YOU ARE.
66. EXPECT THE UNEXPECTED
67. WHY AREN’T THINGS WORSE?
68. My Philosophy on Masculinity
69. A Riskier Life is a Better Life #philosophy #stoicism
70. How to Creatively Flourish in Life
71. Introduction to Stoicism
72. How to Become Stronger
73. How to Conquer Depression With Photography
74. What Doesn’t Kill You Makes You Stronger
75. How to Respect Yourself
76. How to Believe in Yourself
77. How to Steer Fear
78. How to Conquer Pessimism
79. How to Conquer Anxiety
80. How to Overcome Your Fear of People
81. How to Be Optimistic
82. Why I Don’t Take My Anger Seriously
83. HOW TO BECOME MORE POWERFUL
84. POSITIVITY.
85. HOW TO BECOME SUPERHUMAN
86. How to Give a Fuck Less
87. ALL IN.
88. Why I Cut My Dad Out of My Life.
89. Your iPhone Only Has 5% Battery Left.
90. How not to give a FUCK about your REPUTATION
91. WHAT IS A HUMAN?
92. HAPPINESS.
93. The Regret Minimization Framework in Photography and Life
94. How to Be a HERO
95. Conquer Your Fears by Making Fear Your Slave
96. Rule Circumstances; Don’t Let Your Circumstances Rule You
97. How to Love Yourself
98. How to Turn Shit into Gold
99. Your Parents Fuck You Up
100. Immortality
101. What Kills You Makes You Stronger
102. How to Be Patient
103. How to Conquer Anger
104. How to Bounce Back in Life
105. How to Overcome Resistance
106. Nothing Unlimited is Good; Nothing Good is Unlimited
107. You Have No Limits
108. Can 1’s and 0’s Hurt You?
109. The Envious Moment is Flying Now
110. Tomorrow We’ll Sail the Wide Seas Again
111. How to Forgive Others
112. Focus on Your Actions, Not the Results
113. Everything Will Be Alright
114. How to Be a Stoic Street Photographer
115. How to Be a Spartan Photographer
116. How to Overcome Your Fears in Life
117. How to Stop Worrying in Life
118. How to Use Photography as Self-Therapy
119. How to Free Your Soul From Disturbance
120. 3 Stoic Techniques that Can Help You Gain Tranquility
121. Can People Weaker than You Hurt You?
122. Does a Doctor Get Angry at a Crazy Patient?
123. Own Nothing

The Stoic Masters

Learn from the master stoics:

• Seneca
• Marcus Aurelius
• Epictetus
• Publilius Syrus
• Heraclitus

See all philosophy >

Do you want to be happy or happier, the best way to do it is to purchase accumulate and acquire bitcoin, like taking your economic happiness and energy, and putting it into an infallible bitcoin.

Why bitcoin makes sense for digital nomads

So assuming that you’re living in Mexico City, Thailand, Vietnam Cambodia Laos, off the grid, and you love being off the grid, not being tied down by anything… Bitcoin is the ultimate freedom energy economic power property you can own.

For example, I think one critical mistake a lot of millennials make is they want to buy some sort of like weird off-roading Mercedes sprinter van, and they essentially like a homeless people in RV parks?

Nontraditional ideas

So for myself, I’ve always had a passion for nontraditional idea paths etc.

To be contrarian means to just go against the herd.

So for example, even though I’m a huge fan of Tesla and Elon Musk, am I the only successful millennial person individual, super rich who would actually prefer having a Toyota Prius or maybe now, the Lexus TX car?

I think there’s a lot of press about you being able to camp and live in a cyber truck, and I think it’s a great idea, but, I find it actually much more practical to get like maybe a Lexus TX Plugin hybrid car, the ultimate luxury SUV minivan, and just sleep and live in the trunk of that? The side is once again, the plug-in hybrid concept is still the most best double leverage thing you can get; the side of gasoline, which power is like 90% of humanity, and also, electricity, the Hybrid engine, as well as the plug-in capability.

Something that people don’t really talk about is that the upside of having a hybrid car is that when you idle, most often times it is silent. This is phenomenally fantastic if you’re taking a nap in the car with your kid! No solo gasoline car is worth it; either hybrid, plug-in hybrid or nothing. 

a vehicle is bad

Once again, even today… We are still stuck in this slave like mentality of vehicle ownership. I suppose the good thing about having an old Prius is that it never feels like a liability. If somebody steals it, hit it I could care less.

Also pro tip, if you have peeling paint or something on your car, just order some 3M matte black vinyl vehicle wrap online, cut it yourself and just stick it on like a sticker! Looks very cool.

Lunar white

Another funny trend, everyone in LA wants to murder at their cars in all black, but, this is a positively bad idea because Los Angeles is essentially a desert with lots of dirt particles in the air, the ideal car color is either white or some sort of desert tan color; any color which does not show dirt.

And also a lot of these fools don’t understand is that if you have a black vehicle, you’re going to get cooked alive in the summertime!

Make white cool again

The funny thing is actually… When I was a kid growing up, nobody wanted to own a black car. A sports car was universally red; everyone wanted the red Integra type R, with the gloss white rims.

Vehicles and society

I could care less about your four bitcoin Ferrari, or your two bitcoin Lamborghini. Or your one bitcoin cyber truck.

What is super interesting and fasting about bitcoin is that it is almost like wealth on wheels. And only that but it is like the ultimate type of wealth and property you could actually own. Why? It is like perpetually in your mind in your head and your soul; and it is not physical, yet it is real and exists.

A lot of people don’t understand what this point is, they think that it is fake money. But no, bitcoin is digital cyber capital, which is 1 trillion times more profound as an idea.

Why? If you could teleport a skyscraper into cyberspace, make it immortal, immutable, indefinitely divisible, with no property tax, no mayor trying to put regulations on you, no death in decay, no annoying tenants etc.… You essentially have perfected digital and cyber capital And property. 

Why do people even purchase real estate in the first place?

Traditionally, in the past, you only purchased real estate not for the utility purposes, but rather, as a long-term store value and or maybe income generation?

The difficult thing is at best, you have to skillfully manage your real estate and property, get good tenants, collect the rent, but still you might have to deal with Insurance, things breaking, changing zoning laws in your local city or area, etc.

no property taxes

I think this is a hard thing for a lot of people to understand is that you cannot tax bitcoin, only if you sell it. But if you never intend to sell it, you will never actually incur a capital gains tax, and even greater… The amazing thing about bitcoin is that assuming that it is digital property, you don’t have to pay Property taxes for simply holding it and owning it.

The scam of physical property?

Let us say you buy a $2 million home in all cash, but still… Even with a nominal 1 to 1.25 or 1.5% property tax, you’re going to be paying like 2000, $2500, maybe even $3000 a month in property taxes, simply for owning the thing. And you’re going to have to pay that forever. 

This is kind of a scary thing… And it seems a little bit weird and unethical; if you own a piece of land, why do you need to pay taxes simply for the right of owning it?

Like for example if I own a gold bar, in this gold bar is my property, I don’t have to pay 1% tax on it, simply for owning it, forever?

A Roth Solo 401(k) is a retirement savings plan tailored for self-employed individuals, such as sole proprietors, who have no employees other than a spouse. This plan combines the high contribution limits of a Solo 401(k) with the tax advantages of a Roth account.

Key Features:

• Tax Treatment: Contributions are made with after-tax dollars, meaning they don’t reduce your taxable income in the year they’re made. However, qualified withdrawals during retirement are tax-free, including both contributions and investment earnings.

• Contribution Limits: For 2024, you can contribute up to $23,000 as an employee. Additionally, as the employer, you can contribute up to 25% of your net earnings from self-employment, with total contributions capped at $69,000. If you’re 50 or older, you can make an additional catch-up contribution of $7,500, bringing the total to $76,500.

• Eligibility: Designed for self-employed individuals with no employees other than a spouse.

• Investment Options: Offers a wide range of investment choices, including stocks, bonds, mutual funds, and real estate, depending on the plan provider.

Benefits:

• Tax-Free Growth: Since contributions are made with after-tax dollars, all qualified withdrawals in retirement are tax-free, which can be advantageous if you anticipate being in a higher tax bracket during retirement.

• High Contribution Limits: Allows for substantial retirement savings, especially beneficial for those looking to maximize their retirement contributions.

• Loan Provision: Some plans permit borrowing up to 50% of the account balance or $50,000, whichever is less.

Considerations:

• No Immediate Tax Deduction: Unlike traditional Solo 401(k) contributions, Roth contributions don’t reduce your current taxable income.

• Plan Setup and Administration: Establishing and maintaining a Solo 401(k) can be more complex compared to other retirement plans like a SEP IRA.

When deciding between a traditional and Roth Solo 401(k), consider your current and expected future tax brackets. If you expect to be in a higher tax bracket during retirement, a Roth Solo 401(k) might be more beneficial. It’s advisable to consult with a financial advisor or tax professional to determine the best strategy for your individual circumstances.

As a sole proprietor with an annual income of $100,000, you have several retirement plan options that can help you save for the future while reducing your taxable income. Here are some of the most suitable plans:

1. Solo 401(k) Plan

• Contribution Limits: For 2024, you can contribute up to $23,000 as an employee. Additionally, as the employer, you can contribute up to 25% of your net earnings from self-employment, with total contributions capped at $69,000. If you’re 50 or older, you can make an additional catch-up contribution of $7,500, bringing the total to $76,500.

• Tax Benefits: Contributions are tax-deductible, reducing your taxable income. Earnings grow tax-deferred until withdrawal.

• Eligibility: Designed for self-employed individuals with no employees other than a spouse.

2. Simplified Employee Pension (SEP) IRA

• Contribution Limits: You can contribute up to 25% of your net earnings from self-employment, with a maximum of $69,000 for 2024.

• Tax Benefits: Contributions are tax-deductible, and earnings grow tax-deferred.

• Eligibility: Suitable for self-employed individuals and small business owners.

3. Savings Incentive Match Plan for Employees (SIMPLE) IRA

• Contribution Limits: You can contribute up to $16,000 in 2024, plus an additional $3,500 if you’re 50 or older. Employers are required to match contributions up to 3% of compensation or make a fixed contribution of 2% of compensation.

• Tax Benefits: Contributions are tax-deductible, and earnings grow tax-deferred.

• Eligibility: Ideal for small businesses with 100 or fewer employees.

4. Traditional Individual Retirement Account (IRA)

• Contribution Limits: For 2024, you can contribute up to $6,500, with an additional $1,000 catch-up contribution if you’re 50 or older.

• Tax Benefits: Contributions may be tax-deductible, depending on your income and participation in other retirement plans. Earnings grow tax-deferred.

• Eligibility: Available to anyone with earned income.

5. Roth Individual Retirement Account (IRA)

• Contribution Limits: Same as the Traditional IRA.

• Tax Benefits: Contributions are made with after-tax dollars, but qualified withdrawals in retirement are tax-free.

• Eligibility: Subject to income limits; for 2024, single filers with modified adjusted gross incomes (MAGI) up to $153,000 can contribute the full amount, with a phase-out up to $168,000.

Considerations for Reducing Taxes:

• Maximize Contributions: Contributing the maximum allowable amount to these plans can significantly reduce your taxable income.

• Tax Diversification: Utilizing both tax-deferred (e.g., Traditional IRA, SEP IRA) and tax-free (e.g., Roth IRA) accounts can provide flexibility in managing taxable income during retirement.

• Consult a Professional: Given the complexities of tax laws and retirement planning, it’s advisable to consult with a financial advisor or tax professional to tailor a strategy that aligns with your financial goals and tax situation.

By carefully selecting and contributing to the appropriate retirement plans, you can effectively reduce your current tax liability while building a secure financial future.

Which best

As a sole proprietor with an annual income of $100,000, selecting the most suitable retirement plan depends on your specific financial goals, contribution capacity, and preferences. Here’s a comparison of the primary options:

1. Solo 401(k) Plan

• Contribution Limits: For 2024, you can contribute up to $23,000 as an employee. Additionally, as the employer, you can contribute up to 25% of your net earnings from self-employment, with total contributions capped at $69,000. If you’re 50 or older, you can make an additional catch-up contribution of $7,500, bringing the total to $76,500.

• Tax Benefits: Contributions are tax-deductible, reducing your taxable income. Earnings grow tax-deferred until withdrawal.

• Additional Features:

• Roth Option: Allows for after-tax contributions, enabling tax-free withdrawals in retirement.

• Loans: Permits borrowing up to 50% of the account balance or $50,000, whichever is less.

• Eligibility: Designed for self-employed individuals with no employees other than a spouse.

2. Simplified Employee Pension (SEP) IRA

• Contribution Limits: You can contribute up to 25% of your net earnings from self-employment, with a maximum of $69,000 for 2024.

• Tax Benefits: Contributions are tax-deductible, and earnings grow tax-deferred.

• Additional Features:

• Ease of Setup: Generally simpler to establish and administer compared to a Solo 401(k).

• Flexibility: No requirement to contribute every year; contributions can vary based on business performance.

• Eligibility: Suitable for self-employed individuals and small business owners.

Recommendation:

If your goal is to maximize retirement contributions and you have no employees, a Solo 401(k) may be more advantageous due to its higher contribution limits and additional features like the Roth option and loan provisions.

However, if you prefer a simpler setup and administration, and anticipate variable contributions based on business performance, a SEP IRA could be a better fit.

It’s advisable to consult with a financial advisor or tax professional to assess your specific situation and determine the most appropriate plan for your retirement goals.

…

A Solo Roth 401(k) is a retirement savings plan tailored for self-employed individuals and small business owners without full-time employees, except for a spouse. This plan combines the high contribution limits of a traditional Solo 401(k) with the tax-free growth and withdrawal benefits of a Roth account.

Key Features:

• Eligibility: Designed for self-employed individuals or small business owners with no full-time employees, other than a spouse.

• Contribution Limits: For 2024, you can contribute up to $23,000 as an employee. Additionally, as the employer, you can contribute up to 25% of your net earnings, with the total contributions not exceeding $69,000.

• Tax Treatment: Contributions are made with after-tax dollars, allowing for tax-free growth and tax-free withdrawals in retirement, provided certain conditions are met.

• Catch-Up Contributions: If you’re 50 or older, you can make an additional catch-up contribution of $7,500, increasing your total contribution limit.

Advantages:

• Tax-Free Withdrawals: Qualified distributions are tax-free, which can be beneficial if you anticipate being in a higher tax bracket during retirement.

• High Contribution Limits: Allows for substantial retirement savings, combining both employee and employer contributions.

• Flexibility: You can choose to split contributions between Roth (after-tax) and traditional (pre-tax) accounts, depending on your tax strategy.

Considerations:

• Administrative Responsibilities: Solo 401(k) plans may have more administrative responsibilities compared to other retirement plans, especially as your account balance grows.

• Required Minimum Distributions (RMDs): Starting in 2024, Roth 401(k) accounts, including Solo Roth 401(k)s, are exempt from RMDs, allowing your investments to grow tax-free for a longer period.

Establishing a Solo Roth 401(k) can be a strategic move to maximize retirement savings with the benefit of tax-free income in retirement. It’s advisable to consult with a financial advisor or tax professional to ensure it aligns with your financial goals and to navigate the setup process effectively.

Choose one roughly $100k yearly income

For a sole proprietor with an annual income of approximately $100,000, a Solo 401(k) plan is a compelling option to maximize retirement savings and reduce taxable income.

Key Benefits of a Solo 401(k):

• High Contribution Limits: In 2024, you can contribute up to $23,000 as an employee. Additionally, as the employer, you can contribute up to 25% of your net earnings, with the total contributions not exceeding $69,000.

• Tax Advantages: Contributions are tax-deductible, effectively lowering your taxable income for the year.

• Catch-Up Contributions: If you’re 50 or older, you can make an additional catch-up contribution of $7,500, increasing your total contribution limit to $76,500.

Considerations:

• Administrative Requirements: Solo 401(k) plans may have more administrative responsibilities compared to other retirement plans, especially as your account balance grows.

• Eligibility: This plan is suitable if you have no employees other than a spouse.

Given your income level, a Solo 401(k) allows for substantial contributions, providing significant tax benefits and accelerating your retirement savings. It’s advisable to consult with a financial advisor to tailor the plan to your specific financial situation and retirement goals.

***

As a sole proprietor aiming to reduce taxes while saving for retirement, several Individual Retirement Account (IRA) options offer distinct benefits:

1. SEP IRA (Simplified Employee Pension):

• Contribution Limits: For 2024, you can contribute up to 25% of your net earnings from self-employment, with a maximum limit of $69,000.

• Tax Benefits: Contributions are tax-deductible, lowering your taxable income for the year.

• Suitability: Ideal for sole proprietors with higher earnings seeking substantial tax deductions.

2. SIMPLE IRA (Savings Incentive Match Plan for Employees):

• Contribution Limits: In 2024, you can contribute up to $16,000, with an additional catch-up contribution of $3,500 if you’re 50 or older.

• Employer Contributions: As a sole proprietor, you’re considered both employer and employee, allowing you to make additional contributions.

• Tax Benefits: Both employee and employer contributions are tax-deductible.

• Suitability: Beneficial for those seeking moderate contributions with simpler administrative requirements.

3. Solo 401(k):

• Contribution Limits: For 2024, you can contribute up to $23,000 as an employee, plus up to 25% of net earnings as an employer, with a total limit of $69,000.

• Tax Benefits: Contributions are tax-deductible, reducing taxable income.

• Suitability: Suitable for sole proprietors aiming for higher contribution limits and greater flexibility.

4. Traditional IRA:

• Contribution Limits: For 2024, you can contribute up to $7,000, or $8,000 if you’re 50 or older.

• Tax Benefits: Contributions may be tax-deductible, depending on your income and participation in other retirement plans.

• Suitability: Appropriate for those seeking straightforward retirement savings with lower contribution limits.

Considerations:

• Income Level: Higher earners may benefit more from SEP IRAs or Solo 401(k)s due to higher contribution limits.

• Administrative Complexity: SEP and SIMPLE IRAs are easier to set up and maintain compared to Solo 401(k)s.

• Future Plans: If you plan to hire employees, consider how each plan accommodates additional participants.

Consulting with a tax professional or financial advisor can help determine the most suitable option based on your specific financial situation and retirement goals.

As a sole proprietor, you can deduct contributions made to your Simplified Employee Pension (SEP) IRA on your personal tax return. For the 2024 tax year, the maximum contribution limit is the lesser of:

• 25% of your net earnings from self-employment, after accounting for the deduction for self-employment tax and the SEP contribution itself.

• $69,000, which is the absolute cap for contributions in 2024.

Calculating Your Deductible Contribution:

To determine the exact amount you can contribute and deduct:

1. Calculate Net Earnings from Self-Employment:

• Start with your net profit from Schedule C.

• Subtract the deductible portion of your self-employment tax (which is 50% of the total self-employment tax).

2. Determine the Adjusted Contribution Rate:

• Since contributions are based on net earnings after the contribution itself, you need to adjust the contribution rate.

• For a desired contribution rate of 25%, the adjusted rate is calculated as:

3. Calculate the Maximum Deductible Contribution:

• Multiply your net earnings (from step 1) by the adjusted rate (from step 2).

• Ensure this amount does not exceed the $69,000 limit for 2024.

Example Calculation:

Suppose your net profit from self-employment is $100,000.

1. Net Earnings:

• Self-employment tax: $100,000 × 15.3% = $15,300

• Deductible portion: $15,300 × 50% = $7,650

• Net earnings: $100,000 – $7,650 = $92,350

2. Adjusted Contribution Rate:

• Desired rate: 25%

• Adjusted rate: 25% / 1.25 = 20%

3. Maximum Deductible Contribution:

• $92,350 × 20% = $18,470

Therefore, you can contribute and deduct $18,470 to your SEP IRA for the 2024 tax year.

Important Considerations:

• Contribution Deadline: You can make contributions up until the due date of your tax return, including extensions.

• Consistency Across Employees: If you have employees, you must contribute the same percentage of compensation for all eligible employees as you do for yourself.

• Consult a Tax Professional: Given the complexities involved, it’s advisable to consult with a tax professional to ensure accurate calculations and compliance with IRS regulations.

By adhering to these guidelines, you can effectively reduce your taxable income through SEP IRA contributions, thereby enhancing your retirement savings.

Lexus > Tesla?

Like a luxury minivan

And you can live in it, in the back?

Let their reception into ‘the family’ be frank,
kindly, and cheerful, as befits such an occasion, as comports not less
with our own self-respect than patriotic duty towards them. Ill betide
those foul birds that delight to file their ow

Kindly cheerful

hampering our power, limiting our greatness and checking
the fulfillment of our manifest destiny to overspread the continent
allotted by Providence for the free development of our yearly multip-
lying millions.

.

in a spirit of
hostile interference against us, for the avowed object of thwarting our
policy and hampering our power, limiting our greatness and checking
the fulfillment of our manifest destiny to overspread the continent
allotted by Providence for the free development of our yearly multip-
lying millions.

Our old rival and enemy

.

All news is fake news!

Quarter to date, $MSTR‘s treasury operations delivered a BTC Yield of 35.2%, providing a net benefit of ~88,820 BTC to our shareholders, or ~1586 BTC per day. At $92K per BTC, that would equate to $8.2 billion for the quarter so far, or $146 million per day. @saylor

1586 BTC per day! $8.2 billion this quarter, or $146 million per day?

Eric Kim, a photographer and blogger, has extensively shared his perspectives on Bitcoin, intertwining his philosophical beliefs with his views on cryptocurrency. He perceives Bitcoin as a decentralized and ethical form of money, aligning with Stoic principles of independence and resilience. Kim appreciates Bitcoin’s fixed supply of 21 million coins, viewing it as a safeguard against inflation and a reliable store of value, often referring to it as “digital gold.”

In his writings, Kim discusses the transformative potential of Bitcoin, likening it to significant technological advancements such as the steam engine. He emphasizes Bitcoin’s role in promoting financial freedom and autonomy, contrasting it with traditional fiat currencies that are subject to central bank policies and inflation.

Kim also explores the practical applications of Bitcoin, noting its increasing utility with developments like the Coinbase Visa debit card, which allows users to spend cryptocurrency earnings on everyday purchases. He reflects on the volatility of Bitcoin, viewing it as a dynamic aspect of its growth and potential.

Overall, Eric Kim’s engagement with Bitcoin is deeply rooted in his philosophical outlook, emphasizing ethical considerations, financial independence, and the transformative possibilities of decentralized digital currencies.

For a more in-depth understanding of his views, you can watch his discussion on Bitcoin ethics:

In a world that’s constantly changing, one thing remains constant: our desire for freedom. The freedom to explore, to create, and to live life on our own terms. For me, embracing the life of a digital nomad wasn’t just about traveling or escaping the 9-to-5 grind. It was about reclaiming control over my own destiny. And Bitcoin played a pivotal role in that journey.

The Allure of the Open Road

There’s something intoxicating about waking up in a new city, with unfamiliar sounds and sights. It’s a sensory overload that reignites your creativity and pushes you out of your comfort zone. But being a digital nomad isn’t just about the romance of travel; it’s about finding sustainable ways to support that lifestyle.

Enter Bitcoin: More Than Just Digital Gold

At first glance, Bitcoin might seem like just another technological fad or a speculative investment. But dig deeper, and you’ll find it’s a revolutionary tool that aligns perfectly with the nomadic lifestyle.

• Decentralization: Bitcoin isn’t tied to any one country or government. This means you’re not bound by traditional banking hours, exchange rates, or geopolitical tensions.

• Financial Sovereignty: Holding Bitcoin gives you control over your wealth without intermediaries. No more frozen accounts or exorbitant transfer fees.

• Borderless Transactions: Need to pay a freelancer in India or receive payment from a client in Germany? Bitcoin makes it seamless.

Practical Steps to Embrace Bitcoin as a Nomad

1. Educate Yourself: Before diving in, immerse yourself in understanding how Bitcoin works. Knowledge is power.

2. Secure a Digital Wallet: This is your personal bank. Prioritize security—use hardware wallets and enable two-factor authentication.

3. Earn in Bitcoin: Offer services or products where you can be paid in Bitcoin. Platforms like Bitwage allow you to receive a portion of your salary in cryptocurrency.

4. Spend Bitcoin Wisely: While adoption is growing, not every vendor accepts Bitcoin yet. Use crypto-friendly debit cards that convert Bitcoin to local currency on the fly.

Embracing Minimalism and Flexibility

Bitcoin taught me more than just financial freedom; it reinforced the beauty of minimalism. When your wealth is digital and borderless, you realize how little you need to be truly happy.

• Less is More: Carrying fewer possessions makes travel easier and life simpler.

• Adaptability: Just as Bitcoin’s value fluctuates, so does life. Embracing change becomes second nature.

Challenges and Considerations

• Volatility: Bitcoin’s price can swing dramatically. It’s essential to plan for these fluctuations.

• Regulations: Some countries have strict crypto laws. Always stay informed about local regulations.

• Security: The digital realm has its risks. Regularly update your security protocols.

The Philosophy of Freedom

At its core, Bitcoin isn’t just a currency; it’s a movement towards decentralization and autonomy. It’s about challenging the status quo and believing in a system that empowers individuals.

As a digital nomad, this philosophy resonates deeply. We’re not just seeking new landscapes but new ways of thinking and living.

Final Thoughts

Becoming a digital nomad with Bitcoin isn’t just a logistical choice; it’s a statement. It’s declaring that you value freedom, innovation, and self-reliance.

So pack your bags, secure your digital wallet, and embrace the journey. The world is vast, and with Bitcoin, it’s more accessible than ever.

Stay inspired, stay curious, and keep pushing the boundaries of what’s possible.

By Eric Kim

In an age where borders blur and possibilities expand, becoming a digital nomad has transformed from a niche dream to a mainstream reality. But here’s the rub: traditional systems of finance, with their cumbersome fees, arbitrary delays, and central control, have struggled to keep up with the demands of this new, fluid lifestyle. Enter Bitcoin—a tool not just for tech enthusiasts or speculative traders, but for the modern nomad seeking financial autonomy, freedom, and a frictionless way of life.

Why Bitcoin?

First, let’s talk about what it means to be a digital nomad. To me, the appeal is simple: maximal freedom. The ability to live anywhere, work from a café in Tokyo one month and a coworking space in Bali the next, and operate outside the confines of a 9-to-5 cubicle. But this freedom comes with its own challenges—managing income across countries, dealing with unpredictable exchange rates, and avoiding the Kafkaesque bureaucracy of the banking world.

Bitcoin obliterates these barriers. At its core, Bitcoin is decentralized. It’s borderless. It’s resistant to inflationary manipulation by governments. For the digital nomad, it’s a passport to financial freedom. With Bitcoin, you don’t need to open a local bank account every time you move. You don’t have to worry about exorbitant conversion fees or frozen accounts. Your finances exist in a purely digital realm, accessible anywhere there’s an internet connection.

The Practicalities of Bitcoin on the Move

Now, let’s get practical—how does a digital nomad actually use Bitcoin? The beauty of Bitcoin is its simplicity once you’ve grasped the basics.

1. Payments: You can pay for goods and services directly with Bitcoin, especially in hotspots like Lisbon, Chiang Mai, or Berlin, where crypto acceptance is on the rise. For everything else, there are services like Bitrefill, which allow you to purchase gift cards for Airbnb, Uber, or even groceries using Bitcoin.

2. Storage: Think of your Bitcoin wallet as your bank. Whether you use a mobile wallet like Muun or a hardware wallet for extra security, your funds are always within your control. No middlemen, no banks freezing your assets because they don’t like that you’re living “off-grid.”

3. Income: Many remote jobs, freelance gigs, and entrepreneurial ventures are embracing Bitcoin payments. Platforms like Bitwage or clients willing to pay in crypto enable you to bypass traditional payment systems like PayPal, which often charge exorbitant fees for cross-border transactions.

4. Conversion: Need local currency? Use a service like Binance or a Bitcoin ATM (yes, they exist in most major cities now). But more importantly, why convert when Bitcoin lets you transact directly in a universal, digital currency?

The Philosophy Behind It All

Here’s the bigger question: Why does Bitcoin matter for digital nomads on a philosophical level? Because it aligns perfectly with the ethos of the lifestyle—freedom, self-sovereignty, and resilience against outdated systems.

Traditional banking locks you into their rules: country-specific limitations, hours of operation, fees for just existing in their system. Bitcoin, on the other hand, is a tool for empowerment. It’s for people who refuse to play by the old rules. As a nomad, you’re already questioning the constructs of national identity, the 40-hour workweek, and the idea of “settling down.” Bitcoin is the financial equivalent of that mindset—it asks, “Why should you be bound by a system designed for a world of borders and control?”

Challenges and Considerations

Of course, it’s not all smooth sailing. Bitcoin is still volatile, which means you need to stay sharp and adaptive. Don’t put all your savings into Bitcoin unless you’re ready for the rollercoaster. Think of it as a tool in your arsenal, not the entire toolbox. Learn about security—understand private keys, backups, and how to avoid phishing scams.

Also, stay plugged into the growing crypto ecosystem. Whether it’s Lightning Network for instant payments or decentralized finance (DeFi) platforms for earning yield, the space is evolving rapidly. Being a digital nomad means staying flexible and curious, and the same applies to adopting Bitcoin.

The Future of Nomadism and Bitcoin

Imagine a future where more businesses accept Bitcoin, where digital nomads form micro-communities funded and sustained by decentralized currencies, where passports and borders matter less than the ideas we bring to the world. In many ways, Bitcoin is not just a tool for the digital nomad lifestyle—it’s a symbol of what’s possible when we dream beyond traditional boundaries.

As a digital nomad, you’re already living proof that the old ways of working and living are crumbling. Bitcoin is the natural extension of that mindset. It’s not just about money; it’s about freedom. And in a world where freedom is increasingly rare and valuable, Bitcoin is a lifeline.

So pack your laptop, secure your wallet, and step into the future. The world is waiting, and with Bitcoin in your pocket, it’s yours for the taking.

Embarking on the journey of becoming a digital nomad is a pursuit of freedom, creativity, and self-reliance. Integrating Bitcoin into this lifestyle not only enhances financial autonomy but also aligns with the ethos of decentralization and personal empowerment.

The Digital Nomad Philosophy

At its core, the digital nomad lifestyle is about embracing uncertainty and finding joy in the unpredictable. It’s a commitment to living minimally, focusing on meaningful creative work, and continuously seeking growth through new experiences. This path requires a mindset that values flexibility and resilience, viewing challenges as opportunities for personal development.

Bitcoin: The Digital Gold

Bitcoin, often referred to as “digital gold,” offers a decentralized financial system that resonates with the nomadic spirit. Its fixed supply of 21 million coins provides a hedge against inflation, preserving value over time. This scarcity makes Bitcoin a reliable store of value, akin to owning a piece of digital real estate.

Financial Independence through Bitcoin

For digital nomads, financial independence is paramount. Bitcoin facilitates this by enabling direct transactions without intermediaries, reducing fees, and increasing transaction speed. Utilizing platforms like the Coinbase Visa debit card allows for seamless spending of Bitcoin earnings, integrating cryptocurrency into daily life.

Practical Steps to Integrate Bitcoin

1. Educate Yourself: Understanding Bitcoin’s fundamentals is crucial. Resources like “Introduction to Bitcoin” provide valuable insights into its workings and benefits.

2. Secure Your Assets: Utilize hardware wallets to store Bitcoin securely, protecting against potential cyber threats.

3. Leverage Bitcoin for Income: Explore opportunities to earn Bitcoin through freelance work, selling digital products, or providing services that accept cryptocurrency payments.

4. Manage Expenses Wisely: Living in regions with a lower cost of living can stretch your Bitcoin holdings further, allowing for a sustainable nomadic lifestyle.

Embracing the Future

Integrating Bitcoin into the digital nomad lifestyle is more than a financial strategy; it’s a philosophical alignment with values of independence, resilience, and innovation. As the world evolves, embracing such technologies can lead to a more liberated and fulfilling existence.

In the words of Eric Kim, “The future is uncertain, but that’s where the adventure lies.” By combining the digital nomad ethos with the power of Bitcoin, one can navigate this uncertainty with confidence and purpose.

Eric Kim, a renowned street photographer and educator, has extensively shared his experiences and insights on living as a digital nomad. His journey involves traveling to various cities worldwide, immersing himself in diverse cultures, and capturing authentic moments through his lens.

Philosophy and Lifestyle

Kim’s approach to the digital nomad lifestyle is deeply intertwined with his philosophical beliefs. He emphasizes the importance of embracing discomfort and challenges, viewing them as catalysts for personal growth and creativity. By living minimally and focusing on meaningful creative work, he finds fulfillment in activities such as writing, teaching, and photography. 

Practical Advice for Aspiring Digital Nomads

For those aspiring to adopt a similar lifestyle, Kim offers practical guidance:

• Minimize Expenses: Living simply and reducing unnecessary costs are crucial. Kim suggests residing in affordable cities like Saigon, Vietnam, which offer low living expenses and fast internet connectivity. 

• Generate Income Remotely: He advises creating digital products, offering online services, or teaching workshops to sustain oneself financially while on the move. Utilizing platforms like WordPress with WooCommerce or Amazon Fulfillment can facilitate this process. 

• Embrace Flexibility: Kim highlights the significance of adaptability, encouraging individuals to live in various locations for a few months at a time to fully experience different cultures and environments. 

Equipment and Tools

To maintain productivity on the road, Kim recommends:

• Lightweight Gear: Using portable equipment such as a MacBook Pro and a compact camera like the RICOH GR II. 

• Essential Accessories: Carrying minimal clothing, preferably merino wool for its durability and ease of maintenance, and utilizing reliable backpacks for convenience. 

Philosophical Reflections

Beyond the practical aspects, Kim delves into the philosophical dimensions of the digital nomad lifestyle. He explores themes of freedom, authenticity, and the human condition, drawing parallels between his nomadic experiences and existentialist concepts. His work embodies the spirit of the flâneur, observing and documenting urban life as a form of philosophical inquiry. 

Through his writings and teachings, Eric Kim provides a comprehensive perspective on the digital nomad lifestyle, blending practical advice with deep philosophical insights, inspiring others to explore the world while pursuing their creative passions.