You cannot stop exponential growth!
We’re going to need a bigger rocket ship ,,,

You cannot stop exponential growth!
We’re going to need a bigger rocket ship ,,,
Hmmm, $70B in volume for all BTC derivatives,
BITSANITY: Let’s try $70b in volume today for The Bitcoin Industrial Complex, crushing yesterday’s record.. About $50b of that was from $MSTR and its 2x friends (all of which dropped records). $IBIT no slouch tho at $5b, its second biggest day ever. $MSTZ w its first $1b day. @ericbalchunas
Saylor is like the new Bitcoin Jesus?
If Bitcoin is priced at $100,000 per coin, $3 billion would equal:
So, $3 billion at $100k per coin would be 30,000 Bitcoins.
Why?
So, another $3B bitcoin buy, at around $100k a coin?
The net proceeds from the sale of the notes were approximately $2.97 billion, after deducting the initial purchasers’ discounts and commissions and estimated offering expenses payable by MicroStrategy.
Press Release • November 21, 2024
Now is 2024, will mature on Dec 1, 2029– implied strike price at $672
So this is really fascinating because when this was announced, MSTR was around $499, $500, $520s a share ,,, and so you’re kind of getting like a $2B , multiplied by 18%-20% gain (100% guaranteed for the institutional investors with Huuuuge bucks, … almost a 0% risk free option, because Dec 1, 2029,,, $672 a share ,,, of course, 5 years from now MSTR is like 1000% guaranteed to be like maybe $15,000 a share.
Subject to certain conditions, on or after December 4, 2026, MicroStrategy may redeem for cash all or any portion of the notes at a redemption price equal to 100% of the principal amount of the notes to be redeemed, plus accrued and unpaid special interest, if any, to, but excluding, the redemption date, if the last reported sale price of MicroStrategy’s class A common stock has been at least 130% of the conversion price then in effect for a specified period of time ending on the trading day immediately before the date the notice of redemption is sent.
Starting on or after December 4, 2026, MicroStrategy can redeem the notes for cash under certain conditions. The redemption price will be the full principal amount of the notes, plus any unpaid special interest up to the redemption date. This option is available only if the price of MicroStrategy’s class A common stock has been at least 130% of the current conversion price for a specified period before the redemption notice is issued.
Starting December 4, 2026, if MicroStrategy’s stock price gets really high (130% of a set number), they can pay back the notes in full with any extra interest they owe, as long as they give a heads-up first.
…
So if MSTR gets 130% of the set number, can pay back the notes in full with extra interest they owe, as long as they give a heads up!
The conversion rate for the notes is initially 1.4872 shares of MicroStrategy’s class A common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $672.40 per share. This represents a premium of approximately 55% over the U.S. composite volume weighted average price of MicroStrategy’s class A common stock from 1:30 p.m. through 4:00 p.m. Eastern Standard Time on November 19, 2024, which was $433.7997. The conversion rate is subject to adjustment upon the occurrence of certain events.
Premium of 55% ,,, guaranteed, on November 19 2024, $433.7997 a share, which is $672.40 a share.
Reverse fomo?
Thank god I missed out, ,,, so my health mood and soul was 1000% better yesterday?
JOMO: Joy of Missing Out
Reverse fomo?
Thank god I missed out, ,,, so my health mood and soul was 1000% better yesterday?
No health, no nothing!
20 years from now you’ll look back at today and or your past decisions and you’ll realize, the whole time, your timing was right all along —
My new book project
I’m in this for the looooooong game!
Isn’t this like the ultimate optimistic, great thought?
Learn more: Start Here >
Courage, chutzpah, recklessness, audacity, brazenness
So great!
What to become:
$100k
Hmmm, taking $150k of MSTR, and making a pure 100% profit of $242k, while still keeping the initial $150k capital,,, isn’t this like modern day alchemy?
I still got the initial capital seed of $150k, but in theory rode it all the way up to $392k, which is almost like 2.6xing my money, or a 260% gain, in just 3 months???
81, 55, 106= $242,000 K gain just off MSTR from $150k?
So a funny simple thought; country to popular belief, I think most people don’t really care about making money, maybe people care more about spending money or feeling rich, not actually being rich? 
So the good news, assuming that you’re on a bitcoin standard, your family is on a bitcoin standard which means all of your Roth IRA, IRAs, retirement accounts, or stocks, assuming all these things are in micro strategies stock, you’re essentially set for life.
And also obviously you want a huge huge huge bitcoin war chest; as long as you got this, you’re pretty much set.
So once again guys, let us not get distracted. The goal is to stack as many bitcoins as humanly possible before you die!
The best analogy is like asking yourself, how many square blocks do I want to own in Manhattan, or Gangnam? Ideally all of it!
When you’re so insanely happy and pumped to wake up, going to sleep the night before, excited to wake up the next morning!
Also in the morning, super pumped and excited ,,, while still in bed, to get up!
Waking up as an excitement not a hateful chore!
A master does not “manage†his “propertyâ€â€” he gets the servants to do that (the landlord, the workers, the landlord).
The perfect is the enemy of the good
Think procreation
Mate
Anti mediocrity
Everyone wants to be beautiful
Bitcoin is beautiful 
I own this place I own this all!
The good is the enemy of the perfect
Greater gains at any costs !!!
Happiness & Environment
Valor, martial prowess or beauty?
.
Haha
So a funny simple thought; country to popular belief, I think most people don’t really care about making money, maybe people care more about spending money or feeling rich, not actually being rich? 
So the good news, assuming that you’re on a bitcoin standard, your family is on a bitcoin standard which means all of your Roth IRA, IRAs, retirement accounts, or stocks, assuming all these things are in micro strategies stock, you’re essentially set for life.
And also obviously you want a huge huge huge bitcoin war chest; as long as you got this, you’re pretty much set.
So once again guys, let us not get distracted. The goal is to stack as many bitcoins as humanly possible before you die!
The best analogy is like asking yourself, how many square blocks do I want to own in Manhattan, or Gangnam? Ideally all of it!
The funny irony; I think actually most people don’t really care about making money, if they really did they would just buy bitcoin? and Microstrategy stock?
Powered by BTC!
Only your muscles do!
Think like Elon?
The big problem with all other cars, besides Tesla—
All the past baggage the companies had to deal with.
No company had the *privilege* to start with a blank slate, a clean slate, a tabula rasa—
So the funny truth is the “best†vehicle to own is probably just a white Prius. But, is the best the most interesting or the most desirable? Obviously not!
No more German losers!
The new Lamborghini Revuelto looks like a mid engine corvette?
Funny theory too:
The reason why there is too much traffic (volume) on the 405, 10, in LA, rush hour traffic etc, is that actually,,,, LA is the best place to be?
Follow the volume, that is where the opportunities flow!
The Bitcoin Industrial Complex crushed their record today with $50b in volume (for context that’s same as ADV of entire UK stock mkt). $MSTR alone was $32b of it. $MSTU and $MSTX combined for $6b (which is more than all the spot btc ETFs, which were also elevated). What a scene. @ericbalchunas
Bet big on Bitcoin, put yourself on the Bitcoin Standard, and your prosperity will be infinite!
Advice I would have given myself in photography, if I started all over again:
De-lamify the future.
Enroll in my Udemy Course:
‘Ultimate Beginner’s Guide to Photography Entrepreneurship’: Create Your Own Future >
Marketing, Branding, Entrepreneurship Principles For Success
MODERN PHOTOGRAPHER is your new philosophical and practical primer to succeed as a modern photographer in today’s digital world.
Take control of your own photographic destiny:
Learn how to make a living from your passion:
So it seems that the recent trend (before and during) Bitcoin is that photography, the field and genre and industry of photography has been dying a slow and painful death.
My vision:
Bitcoin can be the jet pack, the rocket ship, the steroids we have been all looking for along!
Eric Kim’s exploration of integrating Bitcoin and blockchain technology into photography introduces several innovative concepts that could significantly impact the industry:
1. Decentralized Monetization
By accepting Bitcoin as payment, photographers can engage in direct, peer-to-peer transactions without relying on traditional financial institutions. This approach reduces transaction fees and processing times, offering a more efficient and cost-effective method for photographers to monetize their work.
2. Enhanced Digital Authentication
Utilizing blockchain technology allows photographers to create immutable records of their digital images, establishing clear ownership and provenance. This capability addresses longstanding issues of unauthorized use and forgery in digital art, providing a secure means to verify authenticity.
3. Alternative Revenue Models
Kim’s idea of earning cryptocurrency as a form of appreciation, rather than relying solely on social media engagement metrics like “likes,†presents a novel revenue stream. This model incentivizes quality content creation and offers photographers a tangible reward for their work, potentially reshaping how creative efforts are valued and compensated.
Collectively, these concepts challenge traditional paradigms in the photography industry by leveraging emerging technologies to empower photographers, enhance security, and create new economic opportunities.
…
Eric Kim, a prominent street photographer, has extensively explored the intersection of photography and Bitcoin. Here are some of his notable articles on the subject:
• Bitcoin and Cryptocurrency for Photographers
• Owning a Bitcoin Is Like Owning a Picasso
These articles delve into how cryptocurrency can influence the photography industry, offering insights into monetization, authentication, and creative opportunities.
..
Eric Kim, a renowned street photographer, has explored the intersection of photography and Bitcoin, offering insights into how cryptocurrency can influence the photography industry.
Integration of Bitcoin in Photography
Kim envisions a future where photographers can leverage Bitcoin and blockchain technology to enhance their work and business models. Key ideas include:
• Monetization Through Cryptocurrency: Kim suggests that photographers could receive payments in Bitcoin, providing a decentralized and efficient transaction method.
• Authenticating Digital Art: By utilizing blockchain, photographers can establish ownership and authenticity of their digital images, potentially reducing issues related to unauthorized use.
• Alternative to Traditional Platforms: Kim proposes that instead of relying on social media “likes,†photographers could earn cryptocurrency as a form of appreciation and compensation for their work.
Notable Quotes
• “I see Bitcoin as freedom. Freedom for individuals to do more commerce with one another, without the bank mafia getting in your way, and taking a cut.â€
• “What if instead of getting ‘likes’ on your photos, you could get ‘paid’ with some cryptocurrency instead?â€
• “What if you sold digital photos, you can sell ‘original’ digital works by putting it on the digital ledger of the blockchain?â€
Through these perspectives, Eric Kim highlights the potential of Bitcoin and blockchain technology to revolutionize the photography industry by offering new avenues for monetization, authentication, and creative freedom.
Here are some of Eric Kim’s notable articles on integrating passion into one’s profession:
• PASSION.
• How to Find Your Passion in Photography
• Why You Must Follow Your Passion in Life
…
Eric Kim, a prominent street photographer and educator, has extensively discussed the intersection of passion and profession. Here are some of his notable quotes and articles on this subject:
Key Quotes:
• On Authenticity: “Follow your heart, the profits will follow.†Kim emphasizes prioritizing genuine interests over financial gain.
• On Passion: “Life is too short for you to not follow your passion.†He advocates for pursuing what excites you, rather than forcing motivation.
• On Individuality: “There is nobody out there with the same unique combinations of skills, interests, and things you are enthusiastic about.†Kim highlights the importance of embracing one’s individuality.
Notable Articles:
1. “PASSION.†In this reflective piece, Kim discusses the importance of pursuing one’s passion and how it drives him creatively and personally.
2. “The Philosophy of Passion.†Kim explores the virtues of following your passion, drawing from his personal experiences and philosophical insights.
3. “How to Find Your Passion in Photography.†This article focuses on shooting for yourself and “cross-pollinating†different interests to find and sustain passion in photography.
4. “Why You Must Follow Your Passion in Life.†Kim stresses the importance of pursuing passion as a central focus in life and encourages readers to hustle hard in their chosen fields.
These resources offer valuable insights into Eric Kim’s philosophy on integrating passion with profession, emphasizing authenticity, individuality, and dedication.
…
Eric Kim, a renowned street photographer and educator, emphasizes the importance of pursuing one’s passion authentically. Here are some of his insights on transforming passion into a profession:
• Follow Your Heart: “Follow your heart, the profits will follow.†Kim advocates for prioritizing genuine interests over financial gain, believing that true dedication leads to success.
• Authenticity Over Trends: “Shoot what you love, not what you think will sell.†He encourages photographers to focus on subjects they are passionate about rather than conforming to market demands.
• Value Creation: “The best way to make a living from photography isn’t by selling photos, but by creating value and helping others through your knowledge and experiences.†Kim highlights the significance of sharing expertise and building a community.
• Personal Branding: “Your personal brand is the most valuable asset you have. Be authentic, be yourself, and the right people will follow.†He stresses the importance of authenticity in establishing a personal brand that resonates with others.
These perspectives underscore Kim’s belief that aligning one’s career with personal passions, maintaining authenticity, and focusing on value creation are key to professional fulfillment.
Eric Kim transformed his passion for street photography into a sustainable career through a combination of skill development, educational outreach, and strategic use of digital platforms.
Mastery of Street Photography
Kim honed his craft by consistently practicing and refining his street photography techniques. His distinctive style, characterized by candid storytelling and a minimalist aesthetic, set him apart in the photography community.
Educational Initiatives
Recognizing the value of sharing knowledge, Kim began conducting workshops and seminars worldwide, offering insights into his photographic approach. He also developed online courses and tutorials, making his teachings accessible to a global audience.
Digital Presence
Kim established a robust online presence through blogging and social media. His blog features articles, tutorials, and personal experiences, serving as a valuable resource for photographers. Active engagement on platforms like Instagram and YouTube allowed him to connect with a broader audience and build a dedicated following.
Authorship and Publications
By authoring books and contributing to photography publications, Kim further solidified his authority in the field. These works not only showcased his expertise but also provided additional income streams.
Community Building
Kim fostered a sense of community among photographers by organizing photo walks, collaborative projects, and offering mentorship. This approach not only expanded his network but also reinforced his reputation as a leader in the photography world.
Through these combined efforts, Eric Kim successfully turned his passion for street photography into a thriving profession, inspiring and educating photographers worldwide.
…
Eric Kim turned his passion for street photography into a successful career by combining his artistic vision with a multifaceted approach to sharing his work and knowledge. Here’s how he made his passion his living:
1. Blogging and Content Creation
Eric Kim started by sharing his thoughts, techniques, and experiences on his blog. His approachable and educational content attracted a global audience, making his website a central hub for street photography enthusiasts. By writing about topics ranging from gear reviews to philosophical musings on photography, he became a trusted voice in the community.
2. Workshops and Education
Kim capitalized on his expertise by organizing street photography workshops worldwide. These workshops catered to beginners and enthusiasts looking to improve their skills, allowing Kim to connect with his audience in person while earning a living through teaching.
3. Social Media and Online Presence
He leveraged platforms like Instagram, YouTube, and Twitter to share his work and thoughts, helping him reach a larger audience. His candid and relatable style resonated with photographers seeking inspiration and authenticity.
4. Publishing and Products
Eric Kim created and sold photography-related products such as books, presets, and accessories like camera straps. These products not only provided additional income but also helped establish his brand as a street photography expert.
5. Philosophical Approach
Kim’s focus on the philosophical and psychological aspects of photography set him apart from others in the field. He emphasized minimalism, creativity, and self-expression, which helped him build a unique identity.
6. Building a Community
Through his workshops, blog, and social media, Kim cultivated a loyal community of followers who supported his work and spread his ideas. This sense of community further fueled his career growth.
By combining education, content creation, product development, and community building, Eric Kim successfully transformed his passion for street photography into a sustainable and rewarding career. His entrepreneurial mindset and willingness to share knowledge were key to his success.
So this is my personal read:
Most photographers I know would prefer to *NOT* have to “workâ€, and would *prefer* instead, to have 100% economic and financial freedom in order to just focus 1000% of their energies on photography!
For example for many, their job or occupation or economic thing is simply a means *in order to do* their photography thing!
So for example, if you had the option of having your full time job at Apple Amazon Facebook Google etc, or the option to *NOT* have to work, and just travel the globe, shoot photos etc,,, wouldn’t you choose the photo path?
So the big thing — I think I may have been the first and *only* photographer (especially street photographer) to have transformed his passion into his profession, directly.
And the truth is, with most young photographers I meet,,, almost the #1 question I am asked is:
How can I monetize my passion, or my photography passion, or my street photography passion effectively? In order for me to just focus on my passion?
So the trillion dollar question —
How can I monetize my passion
Well the funny thing, with Bitcoin, anything is possible!
You don’t need to work like a slave, doing hateful $100, $200, $300 photo shoots for families or even slave-like weddings for $1000, $2000, $3000, $4000 or even $5000. With Bitcoin and MSTR microstrategy, you can make $105,000 in *A DAY*, $205,000 *A DAY*, $1M in 3 months!!!
Bitcoin x Photography is the future!
Advice I would have given myself in photography, if I started all over again:
De-lamify the future.
Enroll in my Udemy Course:
‘Ultimate Beginner’s Guide to Photography Entrepreneurship’: Create Your Own Future >
Marketing, Branding, Entrepreneurship Principles For Success
MODERN PHOTOGRAPHER is your new philosophical and practical primer to succeed as a modern photographer in today’s digital world.
Take control of your own photographic destiny:
Learn how to make a living from your passion:
What people don’t understand or get about Bitcoin — it is a totally new type of capital, digital capital ,,, thus, shouldn’t this usher in the brave new world of *digital* capitalism?
And even more, stacking capital,,, seeing your capital *grow*— the ultimate joy?
The best time of day! When the markets open!!!
6:30am— the time of excitement, euphoria, opportunity?
Giving away free gift cards?
You just need another 20 years to look back and realize it!
Summary of “Thinking Like an Engineerâ€
• Michael Saylor’s Misconception:
• Many believe Michael Saylor is a trader, but he is actually an engineer.
• Engineers think from first principles, deeply analyzing the true nature of things.
• Thinking Like an Engineer:
• The author relates to thinking like an engineer, applying first principles.
• Modern societal issues are often social problems that could benefit from engineering approaches.
• Leonardo da Vinci as a Model Engineer:
• Leonardo exemplifies infinite curiosity and playfulness.
• Despite his genius, he relied on patronage and wasn’t financially independent.
• True freedom and power come from personal financial independence.
• Bitcoin as Solidified Happiness:
• Bitcoin represents economic power, energy, joy, and happiness in a tangible form.
• Owning Bitcoin brings the author great happiness and a sense of empowerment.
• Bitcoin exists in cyberspace, not the physical realm, yet holds significant value.
• Reevaluating Preconceptions:
• The author overcame initial misconceptions about engineering being too math-heavy.
• Real engineering is rooted in physics and reality.
• Suggests rethinking societal norms from scratch (tabula rasa) using first principles.
• Innovation in Transportation:
• Proposes that if we redesigned transportation today, we’d opt for electric self-driving cars.
• Highlights the health hazards of tailpipe emissions from gasoline cars.
• Advocates for the practicality and environmental benefits of electric vehicles.
• Critique of Romanticizing the Past:
• Believes that clinging to the past is counterproductive.
• Questions societal norms like extravagant spending on engagement rings.
• Suggests practicality over tradition in personal and financial decisions.
• Bitcoin as Digital Real Estate:
• Compares Bitcoin to owning valuable real estate due to its limited supply (21 million bitcoins).
• Suggests that investing in Bitcoin is like acquiring prime digital property.
• Investment Strategies:
• Argues that renting is more financially prudent than buying property.
• Recommends investing in Bitcoin over traditional real estate for greater returns.
• Notes the significant increase in Bitcoin’s value and its potential for future growth.
• MicroStrategy (MSTR) Investment:
• Highlights the rise of MicroStrategy stock due to its significant Bitcoin holdings.
• The author invested in MSTR stock early and anticipates continued growth.
• Suggests using gains from MSTR stock to purchase more Bitcoin.
• Systemic Challenges:
• Observes that current systems are outdated and rigged against individuals.
• Uses the example of infrastructure based on ancient standards (e.g., Roman roads influencing car widths).
• Advocates for embracing new technologies and systems like Bitcoin.
• The Shift to Bitcoin:
• Notes that people are recognizing the superiority of Bitcoin over other cryptocurrencies.
• Predicts a migration of value from weaker assets to Bitcoin.
• Embracing New Economic Theories:
• Emphasizes the importance of innovative thinking over traditional economic models.
• Views Bitcoin as more valuable than major tech companies due to its global accessibility.
• Highlights Bitcoin’s potential to revolutionize global finance.
• Focus on Cyberspace:
• Echoes Michael Saylor’s sentiment to prioritize cyberspace over outer space exploration.
• Cyberspace is the new frontier for economic activity and power.
• Bitcoin is poised to become the global monetary network, even applicable in future space endeavors.
• Bitcoin’s Enduring Value:
• Bitcoin is unique in that it can last indefinitely, unlike physical objects subject to decay.
• Posits that Bitcoin might be the most ethical investment for the planet.
• Conclusion:
• Encourages investing in Bitcoin as a path to happiness and financial success.
Creative engineering:
So one of the really fast things I learned from Michael Saylor in his last interview with Natalie Brunell at the end what is what was misconception about him; and he said, the greatest misconception was that Michael Saylor was a traitor, but the reality is… He’s an engineer.
What is the difference? Well the general difference is that an engineer, do you think about things first principles, use stare deeply and analyze deeply into the true nature of things, and what that then means is you understand the true nature of things.
Then I guess, I kinda do think like an engineer, carte blanche principles.
For example, so much of this modern day BS about almost everything, seems to be mostly a social problem. Sociology, maybe could also be understand as the sociology of engineering, also social engineering?
So once again, if you understand Leonardo da Vinci like the Golden standard of an engineer, somebody who is part curious, partially playful, kind of like imagine a big kid on steroids; infinite curiosity about everything. Maybe also… I’m like the next Leonardo da Vinci, but a lot richer And far more jacked?
Even the problem of a Leonard da Vinci, I still think he got his patronage from the Medici’s? Which means that he was not financially independent; and the truth is ultimately, without personal financial independence, you cannot really really have 100% true freedom and power. 
I might be the first to thought this; what is bitcoin? To me it is like solidified happiness. If you took all this economic power energy joy and happiness, and you could solidify it into a thing, to me that would be a bitcoin.
For example, every time I see my bitcoin balance swell, and become greater, it brings a huge smile to my face, a huge voyage grin to my face, whatever scenario.
And then also then the thing is… The bitcoin is like almost kind of imaginary. Like doesn’t really exist anywhere in the physical realm, it only exists in cyberspace, your mind.
So for example, if I want to prove to you my bitcoin balance I can just take out my phone or iPad and prove it to you immediately… So I guess this is the cool thoughts; now that I’m super fucking rich and powerful and godlike glorious, I could just walk into any sort of Lamborghini or Ferrari or Porsche dealership, and just automatically assume and demand a test drive!
And also the extreme joy, I could just handle and touch everything, and fuck with stuff, like I own it. Because I do.
So once again, I think the hardest thing to think like an engineer is that at least for myself, I majored in sociology, always thought the engineering was like two math heavy, and was about following the rules.
However, if you really think about real engineering, like building a bridge or making planes fly etc.… It is 100% rooted in physics and reality.
The hard thing with ethics philosophy, as well as opinions, politics, sociology ethics etc. is that they are not focused on reality. Or nature.
So for example, the fucking insanity of somehow allowing 12-year-old kids, have access to puberty blockers, hormone inhibitors, hormone amplifiers, etc.… At such a young age? Mother nature does not produce steroids or estrogen in pill or injection format naturally.
The tricky thing is when people talk about nature… Like what is it that people really are talking about? Are they talking about like human nature, our DNA, our primordial being and nature? Or are we talking about like trees and stuff? Not really sure.
Anyways, first principles first principles thinking.
So the first line of things is kind of do like a hard reformat of the past and prior knowledge, and think things totally carte blanche, blank slate, white slate, black canvas, right now. Like if you just wiped the tablet clean, tabula rasa — how would you do things, right now, in the year 2024?
For example… I’m a huge fan of stick shift, the upsides of gasoline etc., and hybrid cars and Priuses, but the real truth is, if you somehow erased all the cars on the planet, today, and you somehow had to create automobiles and vehicles for all 8 billion of us right now… How would it and how should it look like? It would probably be like all self driving Teslas, obviously electric cars.
I think the biggest problem about petroleum cars are tailpipe admissions. If you have ever been in local LA traffic or the 405 or the 10 during peak rush-hour when you see a car with that converter on, and you have your windows down and that insanely fucking toxic tailpipe chemicals are going straight into your lungs, You will actually know first hand, that the truth is this is obviously bad for your health. And the health of your kid and family and society.
For example, imagine like you have a 1960s Camaro, without a catalytic converter. Would you allow it to run idle, in your garage with all the windows closed, with the tailpipe directly in the throat of your four-year-old child?
Obviously not!
So I think there are some simple practical things;
First, tailpipe emissions are obviously 1 trillion times bad.
Second, assuming that we all have nuclear vision or whatever, then electricity should practically be free. Then, Teslas and electric cars makes sense.
Third also assuming that the Tesla super charging network is growing like a virus, the obvious thing thing is that it will continue to grow at an exponential rate.
For example, it is very difficult to structurally build a gasoline station somewhere, but the only reason we keep using it is that it is already there, fast and convenient and cheap.
But once again, if you started a totally brand new society in the middle of the desert, obviously it would probably be centered around electric cars and electric vehicles, as the upside of building a Tesla supercharger is very easy, Far easier than building anything else.
Are you a demigod or a weakling? Simple bifurcation.
So my personal understanding is that the reason why people seek refuge in the past is that it is an act of cowardice, only pussies are romantics.
I thought about this for a long time but what is it in fact, the history of the word “romance, and why do they call it “romantic� 
Thank God for ChatGPT. They said you talked about how the notion was “romanz‖ essentially it were works that are created in the romance language languages, like Italian Spanish French etc. Anything that was not Latin.
But the problem about this movement is that it emphasized concepts and ideas that were quite degenerate in nature. For example, over excessive feelings, I think the medieval literature of knightly chivalry etc. to be “gallant‖ even the Vietnamese have a term “gallant‖ like when you’re opening a door for a woman to get out of a taxi, just like a knight who takes off his robe to cover a puddle to let a woman walk across it?
People don’t really give it a second thought…  everyone assumes that to be romantic is a good thing? Like somehow this fucking insane idea I spent six months of your salary to buy your fiancé a diamond wedding ring, which is just a fake commodity. My greatest pride is that for my engagement ring to Cindy only spent like 300 bucks on a really beautiful purple tinted cubic zirconia diamond, super smart.
And also wore the wise; if you’re planning on getting married or engaged or whatever… Never spend more than $300 on a wedding ring.
Bitcoin is like your new cyber estate. The other day I saw a new funny Zen Wabisabi minimalist hipster house, one of those really cool new three-story teepees they build on a small plot of land listed for $4.4 million. And this is for like a super tiny plot of land, even on a square block, you can feel like 30 of these houses on it.
So assuming that bitcoin is like digital real estate, or digital property, and there are only like 21 million of them on the planet forever, and also whenever you’re on the 405 driving during peak rush-hour, you might see like 21 million cars on the road. And how many humans live in Los Angeles? Like 100 million?
anyways, like imagine that I was a genie and I waved a magic wand and I told you that there would only be our 21 million single family homes, on the whole planet, forever. And there would never ever ever be more single-family homes ever produced. Wouldn’t you want to nab one, for a super steal of a price, only $100,000?
My thought is obviously you need the utility of somewhere to live, and this is where paying rent is like a quadrillion times smarter than buying real estate a single-family home, property, a condo etc.
A lot of people have this foolish idea; I’m gonna buy like a condo or a single-family home or whatever for two reasons: first, utility value like a place to live. Second, as an “investmentâ€. However the reason why this is not good is that if you really want to maximize your investment, it is super simple you just buy bitcoin! It’s going to go up forever until it hits $55 million a bitcoin, and then probably $105 million a bitcoin etc. 
I was watching CNBC a video retweet by Michael Saylor, showing that now as of today bitcoins options trading is live! And literally everyone has their jaws dropped, everyone is like confused and befuddled, shock and all, everyone has no idea what to think. Even I’m shocked? Even I’m confused! A very good sign.
So if you watch traditional news, the Telly etc, what do you see? Apple Apple Apple, Nvidia Nvidia Nvidia, Tesla Tesla Tesla, etc.
Why don’t you see microstrategy? MSTR, which is pretty much nuclear at this point. It is literally like the hottest stock on the planet, maybe the whole human universe?
 Like it is kind of insane… I just converted all of our Roth IRA and our traditional retirement accounts, IRA, etc., and some random spare cash we had lying around all into MicroStrategy, just like three months ago, in September, when the stock was like only $140 or 130 a share. Now, it is going ballistic; $499 @ share, and I’m not gonna be shocked when you see MicroStrategy at $10,000 or even $20,000, $30,000, $40,000 or even $50,000 a share!
Why? 
It is simple, it is a brand new carte blanche, a totally brand new, perfectly engineered company. If you created a totally brand new company in the year 2024, assuming that next year January 2025 is going to be year one of institutional acceptance of bitcoin, And assuming that we have this phenomenally glorious red wave, which means we have a full pro bitcoin Senate house president etc., and everyone is going all in on bitcoin! My personal thought is the next four years, assuming that you put all your wealth into bitcoin and or MSTR microstrategy stock, I will not be surprised to see your wealth 50X from here. 
Why? Once again, bitcoin is the first perfectly engineered money and capital digital capital.
Up until now, the US dollar, field currency was kind of like the least bad thing that we could make of, if you read The Fist Standard by Saifedean, you actually see that was really good for the period of time in which we needed it. Because for ordinary transactions, walking around with gold bars and or gold coins was not really practical. And especially for international trade, fiat currency the banking Swift system was mostly useful.
But now that we have tether, circle and the like; you actually see a lot of Chinese corporations, I saw a lot last summer in Cambodia, even mainland Chinese companies are using tether for payments instead of the Chinese yuan, etc.
Michael Saylor has an idea that we should have tether relocate her headquarters to America, and if this is the case, … this would be very good for America and everybody.
So to anybody new to the space, we often think and hear of bitcoin and the like being called crypto, cryptocurrency etc. But it is not. 
Bitcoin is digital capital, everything else is like a speculation and or like cotton candy or like a fake cubic zirconia diamond.
Come on just look at the prices of bitcoin versus Ethereum. This is like literally the best day of all time, November 20, 2024 — bitcoin breaking around $95,000 of bitcoin, and everyone is rooting and waiting for the $100K party.  I feel bad for all of these Ethereum losers, even people with chainlink, they are all wrong. 
Everyone is a winner on the bitcoin standard. The nuance is that there are just varying degrees of success.
My simple workflow is that you just buy micro strategy, write it up, and shave some off of the top in order to buy more bitcoin. 
MSTR –> BTC
For example, if you purchase like $150,000 worth of microstrategy stock, and then it goes up to $200,000 worth, it is very simple, you just sell $50,000 worth the stock, transfer that to your checking account, and then buy $50,000 of bitcoin, just using Coinbase or whatever app or platform or thing you have access to. 
Bitcoin, is the true digital capital, like owning the square of blocks of cyber Manhattan. Ultimately, if you’re a really really really rich wealthy family, the best is to brag about how many square blocks of Manhattan your own. For example if you own like 21 square blocks of Manhattan, right next to fifth Avenue, and Central Park, This is worth like billions of dollars. You never sell like a square block of fifth Avenue, in order to buy a Lamborghini or Starbucks Frappuccino’s. Even more so, you don’t sell like a 10th of your apartment building for a couple coffee or a sandwich.
Once again, just imagine like a single bitcoin being like a square block in Manhattan, but the reason why owning bitcoin is even superior to own a square block in Manhattan is that in technicality, you could actually produce more land even on the main island; just look at That one dude who built up the docks, you could just pour concrete sand and land to extend the island, to build more artificial land. Or you could just tear down old buildings and build more skyscraper that flow ever more upwards.
My personal thought is that there are people who just want fixed regular income. For example if you just want to FIRE, financial independence retire early, and you just want a magical $10,000 USD to be deposited to your checking account, forever, then the best strategy is to just buy microstrategy stock, write it up, and at the end of every month when rent and stuff is due just sell some micro garage stock, for your living expenses, paying for your rent your beef ribs at Costco etc. 
I have the keys to all success, we the best! (BITCOIN, DJ KHALED)
 conspiracy theories aside, structurally, the truth is the system is rigged against you. Why? It was engineered that way.
For example, even in America today, we are currently operating on 20th century rails, yet it is the 21st-century. I’m very interesting thing I learned from Michael Saylor about the history of science is that the reason why most cars and vehicles are the width it is today is that it is simply based off of the size of the rails that the ancient Romans did for her roads;
All roads lead to Rome.
I think people are starting to wake up… They’re starting to realize that their Dogecoin, Shiba Inu coin, memecoins, altcoins, ethereum, chainlink etc aren’t actually worth anything.
Naturally, Wu-Wei — all of the weaker currencies and assets shall flow into the stronger ones.
What that means is your already seeing it, I’m Exodus in a flight from Ethereum into bitcoin, which is like 1 trillion times better sexier cooler more desirable stronger and superior in every sort of way.
For example, would you rather be driving the old Volkswagen Passat, or the cybertruck on steroids? 
Or, would you rather have the horse and buggy, or would you rather have the Rolls-Royce the Bentley or the Lexus LS?
Fully loaded LS’s,,, ah yes! – JAY Z
 one of my great happinesses is that I did not formally study economics. Why is it such a good thing? I also never studied business, another good thing.
The reason is all the old models are wrong, and whenever we simply try to copy the past models, we will not succeed in massively because true successes are carte Blanche, insanely awesome.
For example, it seems now that Tesla in Nvidia was such obvious investing decisions, or like buying Apple in the 1980s. Or buying Google or Amazon or even Microsoft in the early days.
Now, if I could tell you that there is this thing or company or concept  Fan is actually in fact like 1 million times more valuable than Apple Amazon Facebook google etc.… And that is gonna take over the whole planet, wouldn’t you want to buy a piece of the pie?
The big idea, if you were like in mainland China, even if you wanted to buy Apple Amazon Facebook etc., you couldn’t because these are US American securities. With bitcoin, you can! It does not matter what your jurisdiction your country your thing is etc. If you are in Nairobi, Afghanistan, Shanghai, Beirut, the Netherlands whatever, anyone and everyone could purchase bitcoin. I’m sure there’s even clever ways you could do it in Cuba.
Another interesting thought from Michael Saylor, considering that he studied history of science at MIT, which sounds like a very very good major, a good idea, maybe if Seneca gets into MIT and wants to study history of science, I’ll send him.
Anyways, Michael Saylor studied aeronautical engineering, and although he is a huge fan of Elon Musk he also is a bit critical;
before we go to outer space, why not go into cyberspace instead?
The notion cyber is actually super funny because it is kind of like an antiquated term; but as of late has become cool again. Like cyberpunk, cyber truck etc.
Actually the funny thing was in the early 90s, when I was a kid, on AOL instant messenger, when you said “Wanna cyber?†What is essentially sexual innuendo like do you wanna have sexy online erotic talk?
Anyways, the reason why cyberspace seems to be a good field is that this is where all the economic energy power and warfare is heading. For example out of all the traditional job pats, cyber security seems to be the most important one, also “penetration testing“. This is where the big money is.
But beyond that, it is obviously bitcoin. Bitcoin is and will become the global monetary network, I’m also certain we could even use bitcoin when we go to Mars. If you want to bring your wealth with you on a spaceship to the moon or Mars or whatever, it seems pretty obvious that you would probably Bring bitcoin. You’re not going to take your square block in Manhattan or Culver City with you; you cannot take gold bars with you on a spaceship, nor can you bring Fiat currency, your JP Morgan Chase, your Lamborghini etc.
The reason is because, once you have produced and created the bitcoin, it will last forever. There is nothing in the whole human universe that will last forever, as a result of physics and decay etc. But a bitcoin does. 
Buy happiness, buy Bitcoin!
ERIC
The new true capital and capitalism!
Capital, capitalism was broken *before* Bitcoin?
Capital > Money
The reason is that it is engineered perfection. It’s almost like saying it’s risky for you to drive your car over a bridge, or to drive a car, or to fly in an airplane?
Trust the engineers and engineering!
NECESSITY is the mother of all invention?
PDF, https://erickimphotography.com/blog/wp-content/uploads/2024/11/Thinking-Like-an-Engineer-5.pdf
Audio: https://erickimphotography.com/blog/wp-content/uploads/2024/11/Buy-Bitcoin-Buy-Happiness.m4a
MSTR as the most valuable company on the planet?
so I’m super pro AI andpro bitcoin, but my thought is bitcoin might be at least 1 trillion times more valuable than AI.
why? Well… Certainly AI gives you a huge upside and benefit to life and living, it makes your life like 1 trillion times better. But the funny thing is technically, you could actually live without AI if you really wanted to. Like AI is kind of an optional thing at this point. Not an imperative. But that then means is you could choose not to use AI if you want to.
so certainly Tesla and Nvidia might be the most valuable companies on the planet, after micro strategy which I believe is #1
Thinking Like an Engineer
So one of the really fast things I learned from Michael Saylor in his last interview with Natalie Brunell at the end was what was misconception about him; and he said, the greatest misconception was that Michael Saylor was a trader, but the reality is… He’s an engineer.
What is the difference? Well, the general difference is that an engineer, you think about things first principles, you stare deeply and analyze deeply into the true nature of things, and what that then means is you understand the true nature of things.
Then I guess, I kinda do think like an engineer, carte blanche principles.
For example, so much of this modern day BS about almost everything seems to be mostly a social problem. Sociology maybe could also be understood as the sociology of engineering, also social engineering?
What does it mean to think like an engineer?
So once again, if you understand Leonardo da Vinci like the golden standard of an engineer, somebody who is part curious, partially playful, kind of like imagine a big kid on steroids; infinite curiosity about everything. Maybe also… I’m like the next Leonardo da Vinci, but a lot richer and far more jacked?
Even the problem of Leonardo da Vinci, I still think he got his patronage from the Medicis? Which means that he was not financially independent; and the truth is ultimately, without personal financial independence, you cannot really really have 100% true freedom and power.
Bitcoin as solidified happiness
I might be the first to thought this; what is bitcoin? To me it is like solidified happiness. If you took all this economic power, energy, joy, and happiness, and you could solidify it into a thing, to me that would be a bitcoin.
For example, every time I see my bitcoin balance swell and become greater, it brings a huge smile to my face, a huge boyish grin to my face, whatever scenario.
And then also then the thing is… The bitcoin is like almost kind of imaginary. Like doesn’t really exist anywhere in the physical realm, it only exists in cyberspace, your mind.
So for example, if I want to prove to you my bitcoin balance I can just take out my phone or iPad and prove it to you immediately… So I guess this is the cool thoughts; now that I’m super fucking rich and powerful and godlike glorious, I could just walk into any sort of Lamborghini or Ferrari or Porsche dealership, and just automatically assume and demand a test drive!
And also the extreme joy, I could just handle and touch everything, and fuck with stuff, like I own it. Because I do.
How and why?
So once again, I think the hardest thing to think like an engineer is that at least for myself, I majored in sociology, always thought that engineering was like too math heavy, and was about following the rules.
However, if you really think about real engineering, like building a bridge or making planes fly etc.… It is 100% rooted in physics and reality.
The hard thing with ethics philosophy, as well as opinions, politics, sociology ethics etc., is that they are not focused on reality. Or nature.
So for example, the fucking insanity of somehow allowing 12-year-old kids to have access to puberty blockers, hormone inhibitors, hormone amplifiers, etc.… At such a young age? Mother Nature does not produce steroids or estrogen in pill or injection format naturally.
Nature?
The tricky thing is when people talk about nature… Like what is it that people really are talking about? Are they talking about like human nature, our DNA, our primordial being and nature? Or are we talking about like trees and stuff? Not really sure.
Anyways, first principles first principles thinking.
So the first line of things is kind of do like a hard reformat of the past and prior knowledge, and think things totally carte blanche, blank slate, white slate, blank canvas, right now. Like if you just wiped the tablet clean, tabula rasa – how would you do things, right now, in the year 2024?
For example… I’m a huge fan of stick shift, the upsides of gasoline etc., and hybrid cars and Priuses, but the real truth is, if you somehow erased all the cars on the planet today, and you somehow had to create automobiles and vehicles for all 8 billion of us right now… How would it and how should it look like? It would probably be like all self-driving Teslas, obviously electric cars.
I think the biggest problem about petroleum cars are tailpipe emissions. If you have ever been in local LA traffic or the 405 or the 10 during peak rush-hour when you see a car without a converter on, and you have your windows down and that insanely fucking toxic tailpipe chemicals are going straight into your lungs, you will actually know firsthand that the truth is this is obviously bad for your health. And the health of your kid and family and society.
For example, imagine like you have a 1960s Camaro, without a catalytic converter. Would you allow it to run idle, in your garage with all the windows closed, with the tailpipe directly in the throat of your four-year-old child?
Obviously not!
So I think there are some simple practical things:
First, tailpipe emissions are obviously 1 trillion times bad.
Second, assuming that we all have nuclear fission or whatever, then electricity should practically be free. Then, Teslas and electric cars make sense.
Third, also assuming that the Tesla Supercharging network is growing like a virus, the obvious thing is that it will continue to grow at an exponential rate.
For example, it is very difficult to structurally build a gasoline station somewhere, but the only reason we keep using it is that it is already there, fast and convenient and cheap.
But once again, if you started a totally brand new society in the middle of the desert, obviously it would probably be centered around electric cars and electric vehicles, as the upside of building a Tesla Supercharger is very easy, far easier than building anything else.
Romanticism of the past is for weaklings
Are you a demigod or a weakling? Simple bifurcation.
So my personal understanding is that the reason why people seek refuge in the past is that it is an act of cowardice, only pussies are romantics.
I thought about this for a long time but what is it in fact, the history of the word “romance,†and why do they call it “romantic�
Thank God for ChatGPT. They said you talked about how the notion was “romanzâ€â€“ essentially they were works that are created in the Romance languages, like Italian, Spanish, French etc. Anything that was not Latin.
But the problem about this movement is that it emphasized concepts and ideas that were quite degenerate in nature. For example, over excessive feelings, I think the medieval literature of knightly chivalry etc. to be “gallantâ€â€“ even the Vietnamese have a term “gallantâ€â€“ like when you’re opening a door for a woman to get out of a taxi, just like a knight who takes off his robe to cover a puddle to let a woman walk across it?
People don’t really give it a second thought… everyone assumes that to be romantic is a good thing? Like somehow this fucking insane idea to spend six months of your salary to buy your fiancé a diamond wedding ring, which is just a fake commodity. My greatest pride is that for my engagement ring to Cindy I only spent like 300 bucks on a really beautiful purple-tinted cubic zirconia diamond, super smart.
And also word to the wise; if you’re planning on getting married or engaged or whatever… Never spend more than $300 on a wedding ring.
The gift of bitcoin?
Bitcoin is like your new cyber estate. The other day I saw a new funny Zen Wabisabi minimalist hipster house, one of those really cool new three-story teepees they build on a small plot of land listed for $4.4 million. And this is for like a super tiny plot of land, even on a square block, you can fit like 30 of these houses on it.
So assuming that bitcoin is like digital real estate, or digital property, and there are only like 21 million of them on the planet forever, and also whenever you’re on the 405 driving during peak rush-hour, you might see like 21 million cars on the road. And how many humans live in Los Angeles? Like 100 million?
Anyways, like imagine that I was a genie and I waved a magic wand and I told you that there would only be are 21 million single family homes, on the whole planet, forever. And there would never ever ever be more single-family homes ever produced. Wouldn’t you want to nab one, for a super steal of a price, only $100,000?
Think about the price of a bitcoin vs a home
My thought is obviously you need the utility of somewhere to live, and this is where paying rent is like a quadrillion times smarter than buying real estate a single-family home, property, a condo etc.
A lot of people have this foolish idea; I’m gonna buy like a condo or a single-family home or whatever for two reasons: first, utility value like a place to live. Second, as an “investmentâ€. However, the reason why this is not good is that if you really want to maximize your investment, it is super simple you just buy bitcoin! It’s going to go up forever until it hits $55 million a bitcoin, and then probably $105 million a bitcoin etc.
I was watching CNBC, a video retweet by Michael Saylor, showing that now as of today bitcoin options trading is live! And literally everyone has their jaws dropped, everyone is like confused and befuddled, shock and awe, everyone has no idea what to think. Even I’m shocked? Even I’m confused! A very good sign.
This is not even funny anymore
So if you watch traditional news, the Telly etc., what do you see? Apple Apple Apple, Nvidia Nvidia Nvidia, Tesla Tesla Tesla, etc.
Why don’t you see MicroStrategy? MSTR, which is pretty much nuclear at this point. It is literally like the hottest stock on the planet, maybe the whole human universe?
$320,000 to $860,000
Like it is kind of insane… I just converted all of our Roth IRA and our traditional retirement accounts, IRA, etc., and some random spare cash we had lying around all into MicroStrategy, just like three months ago, in September, when the stock was like only $140 or 130 a share. Now, it is going ballistic; $499 @ share, and I’m not gonna be shocked when you see MicroStrategy at $10,000 or even $20,000, $30,000, $40,000 or even $50,000 a share!
Why?
It is simple, it is a brand new carte blanche, a totally brand new, perfectly engineered company. If you created a totally brand new company in the year 2024, assuming that next year January 2025 is going to be year one of institutional acceptance of bitcoin, and assuming that we have this phenomenally glorious red wave, which means we have a full pro bitcoin Senate, House, president etc., and everyone is going all in on bitcoin! My personal thought is the next four years, assuming that you put all your wealth into bitcoin and or MSTR MicroStrategy stock, I will not be surprised to see your wealth 50X from here.
Why? Once again, bitcoin is the first perfectly engineered money and capital digital capital.
Up until now, the US dollar, fiat currency was kind of like the least bad thing that we could make of, if you read The Fiat Standard by Saifedean, you actually see that was really good for the period of time in which we needed it. Because for ordinary transactions, walking around with gold bars and or gold coins was not really practical. And especially for international trade, fiat currency and the banking SWIFT system was mostly useful.
But now that we have Tether, Circle and the like; you actually see a lot of Chinese corporations, I saw a lot last summer in Cambodia, even mainland Chinese companies are using Tether for payments instead of the Chinese yuan, etc.
Michael Saylor has an idea that we should have Tether relocate its headquarters to America, and if this is the case, … this would be very good for America and everybody.
What is “crypto�
So to anybody new to the space, we often think and hear of bitcoin and the like being called crypto, cryptocurrency etc. But it is not.
Bitcoin is digital capital, everything else is like a speculation and or like cotton candy or like a fake cubic zirconia diamond.
Not Ethereum or any Ethereum derivatives
Come on just look at the prices of bitcoin versus Ethereum. This is like literally the best day of all time, November 20, 2024 – bitcoin breaking around $95,000 of bitcoin, and everyone is rooting and waiting for the $100K party. I feel bad for all of these Ethereum losers, even people with Chainlink, they are all wrong.
Everyone is a winner on the bitcoin standard. The nuance is that there are just varying degrees of success.
MSTR or Bitcoin?
My simple workflow is that you just buy MicroStrategy, ride it up, and shave some off of the top in order to buy more bitcoin.
MSTR –> BTC
For example, if you purchase like $150,000 worth of MicroStrategy stock, and then it goes up to $200,000 worth, it is very simple, you just sell $50,000 worth of the stock, transfer that to your checking account, and then buy $50,000 of bitcoin, just using Coinbase or whatever app or platform or thing you have access to.
Why BTC over MicroStrategy?
Bitcoin is the true digital capital, like owning the square of blocks of cyber Manhattan. Ultimately, if you’re a really really really rich wealthy family, the best is to brag about how many square blocks of Manhattan you own. For example, if you own like 21 square blocks of Manhattan, right next to Fifth Avenue and Central Park, this is worth like billions of dollars. You never sell like a square block of Fifth Avenue, in order to buy a Lamborghini or Starbucks Frappuccino’s. Even more so, you don’t sell like a 10th of your apartment building for a couple coffee or a sandwich.
Once again, just imagine like a single bitcoin being like a square block in Manhattan, but the reason why owning bitcoin is even superior to own a square block in Manhattan is that in technicality, you could actually produce more land even on the main island; just look at that one dude who built up the docks, you could just pour concrete, sand, and land to extend the island, to build more artificial land. Or you could just tear down old buildings and build more skyscrapers that flow ever more upwards.
My personal thought is that there are people who just want fixed regular income. For example, if you just want to FIRE, financial independence retire early, and you just want a magical $10,000 USD to be deposited to your checking account, forever, then the best strategy is to just buy MicroStrategy stock, ride it up, and at the end of every month when rent and stuff is due just sell some MicroStrategy stock, for your living expenses, paying for your rent your beef ribs at Costco etc.
I got the keys keys keys keys!
I have the keys to all success, we the best! (BITCOIN, DJ KHALED)
The system is rigged against you
Conspiracy theories aside, structurally, the truth is the system is rigged against you. Why? It was engineered that way.
For example, even in America today, we are currently operating on 20th-century rails, yet it is the 21st century. One very interesting thing I learned from Michael Saylor about the history of science is that the reason why most cars and vehicles are the width it is today is that it is simply based off of the size of the rails that the ancient Romans did for their roads;
All roads lead to Rome.
All roads lead to Bitcoin!
I think people are starting to wake up… They’re starting to realize that their Dogecoin, Shiba Inu coin, memecoins, altcoins, Ethereum, Chainlink etc. aren’t actually worth anything.
Naturally, Wu-Wei – all of the weaker currencies and assets shall flow into the stronger ones.
What that means is you’re already seeing it, an exodus and a flight from Ethereum into bitcoin, which is like 1 trillion times better, sexier, cooler, more desirable, stronger, and superior in every sort of way.
For example, would you rather be driving the old Volkswagen Passat, or the Cybertruck on steroids?
Or, would you rather have the horse and buggy, or would you rather have the Rolls-Royce, the Bentley, or the Lexus LS?
Fully loaded LS’s,,, ah yes! – JAY Z
Carte Blanche economic theory
One of my great happinesses is that I did not formally study economics. Why is it such a good thing? I also never studied business, another good thing.
The reason is all the old models are wrong, and whenever we simply try to copy the past models, we will not succeed in massively because true successes are carte blanche, insanely awesome.
For example, it seems now that Tesla and Nvidia were such obvious investing decisions, or like buying Apple in the 1980s. Or buying Google or Amazon or even Microsoft in the early days.
Now, if I could tell you that there is this thing or company or concept that is actually in fact like 1 million times more valuable than Apple, Amazon, Facebook, Google etc.… And that is gonna take over the whole planet, wouldn’t you want to buy a piece of the pie?
The big idea, if you were like in mainland China, even if you wanted to buy Apple, Amazon, Facebook etc., you couldn’t because these are US American securities. With bitcoin, you can! It does not matter what your jurisdiction, your country, your thing is etc. If you are in Nairobi, Afghanistan, Shanghai, Beirut, the Netherlands, whatever, anyone and everyone could purchase bitcoin. I’m sure there’s even clever ways you could do it in Cuba.
The race for cyberspace
Another interesting thought from Michael Saylor, considering that he studied history of science at MIT, which sounds like a very very good major, a good idea, maybe if Seneca gets into MIT and wants to study history of science, I’ll send him.
Anyways, Michael Saylor studied aeronautical engineering, and although he is a huge fan of Elon Musk he also is a bit critical;
Before we go to outer space, why not go into cyberspace instead?
The notion cyber is actually super funny because it is kind of like an antiquated term; but as of late has become cool again. Like cyberpunk, Cybertruck etc.
Actually, the funny thing was in the early 90s, when I was a kid, on AOL Instant Messenger, when you said “Wanna cyber?†was essentially sexual innuendo like do you wanna have sexy online erotic talk?
Anyways, the reason why cyberspace seems to be a good field is that this is where all the economic energy, power, and warfare is heading. For example, out of all the traditional job paths, cybersecurity seems to be the most important one, also “penetration testing“. This is where the big money is.
But beyond that, it is obviously bitcoin. Bitcoin is and will become the global monetary network, I’m also certain we could even use bitcoin when we go to Mars. If you want to bring your wealth with you on a spaceship to the moon or Mars or whatever, it seems pretty obvious that you would probably bring bitcoin. You’re not going to take your square block in Manhattan or Culver City with you; you cannot take gold bars with you on a spaceship, nor can you bring fiat currency, your JPMorgan Chase, your Lamborghini etc.
Why bitcoin might be the best most ethical thing for the planet?
The reason is because, once you have produced and created the bitcoin, it will last forever. There is nothing in the whole human universe that will last forever, as a result of physics and decay etc. But a bitcoin does.
Buy happiness, buy Bitcoin!
ERIC
So one of the really fast things I learned from Michael Saylor in his last interview with Natalie Brunell at the end what is what was misconception about him; and he said, the greatest misconception was that Michael Saylor was a trader, but the reality is… He’s an engineer.
What is the difference? Well the general difference is that an engineer, do you think about things first principles, use stare deeply and analyze deeply into the true nature of things, and what that then means is you understand the true nature of things.
Then I guess, I kinda do think like an engineer, carte blanche principles.
For example, so much of this modern day BS about almost everything, seems to be mostly a social problem. Sociology, maybe could also be understand as the sociology of engineering, also social engineering?
So once again, if you understand Leonardo da Vinci like the Golden standard of an engineer, somebody who is part curious, partially playful, kind of like imagine a big kid on steroids; infinite curiosity about everything. Maybe also… I’m like the next Leonardo da Vinci, but a lot richer And far more jacked?
Even the problem of a Leonard da Vinci, I still think he got his patronage from the Medici’s? Which means that he was not financially independent; and the truth is ultimately, without personal financial independence, you cannot really really have 100% true freedom and power. 
I might be the first to thought this; what is bitcoin? To me it is like solidified happiness. If you took all this economic power energy joy and happiness, and you could solidify it into a thing, to me that would be a bitcoin.
For example, every time I see my bitcoin balance swell, and become greater, it brings a huge smile to my face, a huge voyage grin to my face, whatever scenario.
And then also then the thing is… The bitcoin is like almost kind of imaginary. Like doesn’t really exist anywhere in the physical realm, it only exists in cyberspace, your mind.
So for example, if I want to prove to you my bitcoin balance I can just take out my phone or iPad and prove it to you immediately… So I guess this is the cool thoughts; now that I’m super fucking rich and powerful and godlike glorious, I could just walk into any sort of Lamborghini or Ferrari or Porsche dealership, and just automatically assume and demand a test drive!
And also the extreme joy, I could just handle and touch everything, and fuck with stuff, like I own it. Because I do.
So once again, I think the hardest thing to think like an engineer is that at least for myself, I majored in sociology, always thought the engineering was like two math heavy, and was about following the rules.
However, if you really think about real engineering, like building a bridge or making planes fly etc.… It is 100% rooted in physics and reality.
The hard thing with ethics philosophy, as well as opinions, politics, sociology ethics etc. is that they are not focused on reality. Or nature.
So for example, the fucking insanity of somehow allowing 12-year-old kids, have access to puberty blockers, hormone inhibitors, hormone amplifiers, etc.… At such a young age? Mother nature does not produce steroids or estrogen in pill or injection format naturally.
The tricky thing is when people talk about nature… Like what is it that people really are talking about? Are they talking about like human nature, our DNA, our primordial being and nature? Or are we talking about like trees and stuff? Not really sure.
Anyways, first principles first principles thinking.
So the first line of things is kind of do like a hard reformat of the past and prior knowledge, and think things totally carte blanche, blank slate, white slate, black canvas, right now. Like if you just wiped the tablet clean, tabula rasa — how would you do things, right now, in the year 2024?
For example… I’m a huge fan of stick shift, the upsides of gasoline etc., and hybrid cars and Priuses, but the real truth is, if you somehow erased all the cars on the planet, today, and you somehow had to create automobiles and vehicles for all 8 billion of us right now… How would it and how should it look like? It would probably be like all self driving Teslas, obviously electric cars.
I think the biggest problem about petroleum cars are tailpipe admissions. If you have ever been in local LA traffic or the 405 or the 10 during peak rush-hour when you see a car with that converter on, and you have your windows down and that insanely fucking toxic tailpipe chemicals are going straight into your lungs, You will actually know first hand, that the truth is this is obviously bad for your health. And the health of your kid and family and society.
For example, imagine like you have a 1960s Camaro, without a catalytic converter. Would you allow it to run idle, in your garage with all the windows closed, with the tailpipe directly in the throat of your four-year-old child?
Obviously not!
So I think there are some simple practical things;
First, tailpipe emissions are obviously 1 trillion times bad.
Second, assuming that we all have nuclear vision or whatever, then electricity should practically be free. Then, Teslas and electric cars makes sense.
Third also assuming that the Tesla super charging network is growing like a virus, the obvious thing thing is that it will continue to grow at an exponential rate.
For example, it is very difficult to structurally build a gasoline station somewhere, but the only reason we keep using it is that it is already there, fast and convenient and cheap.
But once again, if you started a totally brand new society in the middle of the desert, obviously it would probably be centered around electric cars and electric vehicles, as the upside of building a Tesla supercharger is very easy, Far easier than building anything else.
Are you a demigod or a weakling? Simple bifurcation.
So my personal understanding is that the reason why people seek refuge in the past is that it is an act of cowardice, only pussies are romantics.
I thought about this for a long time but what is it in fact, the history of the word “romance, and why do they call it “romantic� 
Thank God for ChatGPT. They said you talked about how the notion was “romanz‖ essentially it were works that are created in the romance language languages, like Italian Spanish French etc. Anything that was not Latin.
But the problem about this movement is that it emphasized concepts and ideas that were quite degenerate in nature. For example, over excessive feelings, I think the medieval literature of knightly chivalry etc. to be “gallant‖ even the Vietnamese have a term “gallant‖ like when you’re opening a door for a woman to get out of a taxi, just like a knight who takes off his robe to cover a puddle to let a woman walk across it?
People don’t really give it a second thought…  everyone assumes that to be romantic is a good thing? Like somehow this fucking insane idea I spent six months of your salary to buy your fiancé a diamond wedding ring, which is just a fake commodity. My greatest pride is that for my engagement ring to Cindy only spent like 300 bucks on a really beautiful purple tinted cubic zirconia diamond, super smart.
And also wore the wise; if you’re planning on getting married or engaged or whatever… Never spend more than $300 on a wedding ring.
Bitcoin is like your new cyber estate. The other day I saw a new funny Zen Wabisabi minimalist hipster house, one of those really cool new three-story teepees they build on a small plot of land listed for $4.4 million. And this is for like a super tiny plot of land, even on a square block, you can feel like 30 of these houses on it.
So assuming that bitcoin is like digital real estate, or digital property, and there are only like 21 million of them on the planet forever, and also whenever you’re on the 405 driving during peak rush-hour, you might see like 21 million cars on the road. And how many humans live in Los Angeles? Like 100 million?
anyways, like imagine that I was a genie and I waved a magic wand and I told you that there would only be our 21 million single family homes, on the whole planet, forever. And there would never ever ever be more single-family homes ever produced. Wouldn’t you want to nab one, for a super steal of a price, only $100,000?
My thought is obviously you need the utility of somewhere to live, and this is where paying rent is like a quadrillion times smarter than buying real estate a single-family home, property, a condo etc.
A lot of people have this foolish idea; I’m gonna buy like a condo or a single-family home or whatever for two reasons: first, utility value like a place to live. Second, as an “investmentâ€. However the reason why this is not good is that if you really want to maximize your investment, it is super simple you just buy bitcoin! It’s going to go up forever until it hits $55 million a bitcoin, and then probably $105 million a bitcoin etc. 
I was watching CNBC a video retweet by Michael Saylor, showing that now as of today bitcoins options trading is live! And literally everyone has their jaws dropped, everyone is like confused and befuddled, shock and all, everyone has no idea what to think. Even I’m shocked? Even I’m confused! A very good sign.
So if you watch traditional news, the Telly etc, what do you see? Apple Apple Apple, Nvidia Nvidia Nvidia, Tesla Tesla Tesla, etc.
Why don’t you see microstrategy? MSTR, which is pretty much nuclear at this point. It is literally like the hottest stock on the planet, maybe the whole human universe?
 Like it is kind of insane… I just converted all of our Roth IRA and our traditional retirement accounts, IRA, etc., and some random spare cash we had lying around all into MicroStrategy, just like three months ago, in September, when the stock was like only $140 or 130 a share. Now, it is going ballistic; $499 @ share, and I’m not gonna be shocked when you see MicroStrategy at $10,000 or even $20,000, $30,000, $40,000 or even $50,000 a share!
Why? 
It is simple, it is a brand new carte blanche, a totally brand new, perfectly engineered company. If you created a totally brand new company in the year 2024, assuming that next year January 2025 is going to be year one of institutional acceptance of bitcoin, And assuming that we have this phenomenally glorious red wave, which means we have a full pro bitcoin Senate house president etc., and everyone is going all in on bitcoin! My personal thought is the next four years, assuming that you put all your wealth into bitcoin and or MSTR microstrategy stock, I will not be surprised to see your wealth 50X from here. 
Why? Once again, bitcoin is the first perfectly engineered money and capital digital capital.
Up until now, the US dollar, field currency was kind of like the least bad thing that we could make of, if you read The Fist Standard by Saifedean, you actually see that was really good for the period of time in which we needed it. Because for ordinary transactions, walking around with gold bars and or gold coins was not really practical. And especially for international trade, fiat currency the banking Swift system was mostly useful.
But now that we have tether, circle and the like; you actually see a lot of Chinese corporations, I saw a lot last summer in Cambodia, even mainland Chinese companies are using tether for payments instead of the Chinese yuan, etc.
Michael Saylor has an idea that we should have tether relocate her headquarters to America, and if this is the case, … this would be very good for America and everybody.
So to anybody new to the space, we often think and hear of bitcoin and the like being called crypto, cryptocurrency etc. But it is not. 
Bitcoin is digital capital, everything else is like a speculation and or like cotton candy or like a fake cubic zirconia diamond.
Come on just look at the prices of bitcoin versus Ethereum. This is like literally the best day of all time, November 20, 2024 — bitcoin breaking around $95,000 of bitcoin, and everyone is rooting and waiting for the $100K party.  I feel bad for all of these Ethereum losers, even people with chainlink, they are all wrong. 
Everyone is a winner on the bitcoin standard. The nuance is that there are just varying degrees of success.
My simple workflow is that you just buy micro strategy, write it up, and shave some off of the top in order to buy more bitcoin. 
MSTR –> BTC
For example, if you purchase like $150,000 worth of microstrategy stock, and then it goes up to $200,000 worth, it is very simple, you just sell $50,000 worth the stock, transfer that to your checking account, and then buy $50,000 of bitcoin, just using Coinbase or whatever app or platform or thing you have access to. 
Bitcoin, is the true digital capital, like owning the square of blocks of cyber Manhattan. Ultimately, if you’re a really really really rich wealthy family, the best is to brag about how many square blocks of Manhattan your own. For example if you own like 21 square blocks of Manhattan, right next to fifth Avenue, and Central Park, This is worth like billions of dollars. You never sell like a square block of fifth Avenue, in order to buy a Lamborghini or Starbucks Frappuccino’s. Even more so, you don’t sell like a 10th of your apartment building for a couple coffee or a sandwich.
Once again, just imagine like a single bitcoin being like a square block in Manhattan, but the reason why owning bitcoin is even superior to own a square block in Manhattan is that in technicality, you could actually produce more land even on the main island; just look at That one dude who built up the docks, you could just pour concrete sand and land to extend the island, to build more artificial land. Or you could just tear down old buildings and build more skyscraper that flow ever more upwards.
My personal thought is that there are people who just want fixed regular income. For example if you just want to FIRE, financial independence retire early, and you just want a magical $10,000 USD to be deposited to your checking account, forever, then the best strategy is to just buy microstrategy stock, write it up, and at the end of every month when rent and stuff is due just sell some micro garage stock, for your living expenses, paying for your rent your beef ribs at Costco etc. 
I have the keys to all success, we the best! (BITCOIN, DJ KHALED)
 conspiracy theories aside, structurally, the truth is the system is rigged against you. Why? It was engineered that way.
For example, even in America today, we are currently operating on 20th century rails, yet it is the 21st-century. I’m very interesting thing I learned from Michael Saylor about the history of science is that the reason why most cars and vehicles are the width it is today is that it is simply based off of the size of the rails that the ancient Romans did for her roads;
All roads lead to Rome.
I think people are starting to wake up… They’re starting to realize that their Dogecoin, Shiba Inu coin, memecoins, altcoins, ethereum, chainlink etc aren’t actually worth anything.
Naturally, Wu-Wei — all of the weaker currencies and assets shall flow into the stronger ones.
What that means is your already seeing it, I’m Exodus in a flight from Ethereum into bitcoin, which is like 1 trillion times better sexier cooler more desirable stronger and superior in every sort of way.
For example, would you rather be driving the old Volkswagen Passat, or the cybertruck on steroids? 
Or, would you rather have the horse and buggy, or would you rather have the Rolls-Royce the Bentley or the Lexus LS?
Fully loaded LS’s,,, ah yes! – JAY Z
 one of my great happinesses is that I did not formally study economics. Why is it such a good thing? I also never studied business, another good thing.
The reason is all the old models are wrong, and whenever we simply try to copy the past models, we will not succeed in massively because true successes are carte Blanche, insanely awesome.
For example, it seems now that Tesla in Nvidia was such obvious investing decisions, or like buying Apple in the 1980s. Or buying Google or Amazon or even Microsoft in the early days.
Now, if I could tell you that there is this thing or company or concept  Fan is actually in fact like 1 million times more valuable than Apple Amazon Facebook google etc.… And that is gonna take over the whole planet, wouldn’t you want to buy a piece of the pie?
The big idea, if you were like in mainland China, even if you wanted to buy Apple Amazon Facebook etc., you couldn’t because these are US American securities. With bitcoin, you can! It does not matter what your jurisdiction your country your thing is etc. If you are in Nairobi, Afghanistan, Shanghai, Beirut, the Netherlands whatever, anyone and everyone could purchase bitcoin. I’m sure there’s even clever ways you could do it in Cuba.
Another interesting thought from Michael Saylor, considering that he studied history of science at MIT, which sounds like a very very good major, a good idea, maybe if Seneca gets into MIT and wants to study history of science, I’ll send him.
Anyways, Michael Saylor studied aeronautical engineering, and although he is a huge fan of Elon Musk he also is a bit critical;
before we go to outer space, why not go into cyberspace instead?
The notion cyber is actually super funny because it is kind of like an antiquated term; but as of late has become cool again. Like cyberpunk, cyber truck etc.
Actually the funny thing was in the early 90s, when I was a kid, on AOL instant messenger, when you said “Wanna cyber?†What is essentially sexual innuendo like do you wanna have sexy online erotic talk?
Anyways, the reason why cyberspace seems to be a good field is that this is where all the economic energy power and warfare is heading. For example out of all the traditional job pats, cyber security seems to be the most important one, also “penetration testing“. This is where the big money is.
But beyond that, it is obviously bitcoin. Bitcoin is and will become the global monetary network, I’m also certain we could even use bitcoin when we go to Mars. If you want to bring your wealth with you on a spaceship to the moon or Mars or whatever, it seems pretty obvious that you would probably Bring bitcoin. You’re not going to take your square block in Manhattan or Culver City with you; you cannot take gold bars with you on a spaceship, nor can you bring Fiat currency, your JP Morgan Chase, your Lamborghini etc.
The reason is because, once you have produced and created the bitcoin, it will last forever. There is nothing in the whole human universe that will last forever, as a result of physics and decay etc. But a bitcoin does. 
Buy happiness, buy Bitcoin!
ERIC
What is the only worth thing owning on the planet? Bitcoin because it will forever accumulate and value! No other physical or land based asset on the human earth or planet will.
Business Loans?
Higher numbers at any costs? 
A bitcoin backed loan?
Like buying a single family home in Culver City for only $100,000!
Higher numbers at any costs? 
A bitcoin backed loan?
.
How can I borrow $1 million
Bitcoin business
The ethics of the body?
.
any bitcoin sub $100,000 is a steal!
You know you’re onto something good when you are oversubscribed, like people are begging to get in!
Great businesses and opportunities etc.… Should be like super insanely fucking obvious!
Safety first!
Being in front of the fire department or even the police, I feel safe!