So with weightlifting, my strategy has been super simple,… Week over a week workout after work workout, just simply try to add another 2.5 pounds to each side of the barbell. This insanely simple strategy has helped me lift the mythical 1000 pounds, my insanely epic 1000 pound atlas lift,— which is 10 1/2 plates on each side of the barbell.

I think we could also apply this line of reasoning to investing; just keep stacking Satoshis and bitcoins, steadily gradually and conservatively but consistently — and within four years, you’re gonna be insanely mega!

Economics by KIM

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

Perhaps “mindful time” is a better notion and idea?

So honestly at this point, assuming that your money if you invested in bitcoin could 550 X from here,,, perhaps it is very wise to figure out where you invest your money, or you don’t invest your money etc.

The considerations to consider

The first consideration is that any dollar spent on something could have otherwise been a dollar invested in something else. And now that we are at the tipping point in which it will be the bitcoin which is actually more valuable than the US dollar, then, if that is the case, we almost have to start thinking in bitcoins and Satoshi’s.

like give me a simple example; let it say that a cyber truck is currently worth around 110,000. To me, as much as I love the cyber truck it almost seems like the stupidest decision on the planet to buy a cyber truck instead of just Bitcoin. Why? Your cyber truck, irregardless of how cool or awesome it is… Will sooner or later lose value — like is simply the laws of physics. Even if you had a super rare Porsche or Ferrari or something, even in theory if it increases value on paper… After maintenance cost and storage cost etc.… You’re still bleeding money.

Stop the bleeding & heat loss!

so a very very basic one is you gotta stop the heat loss and stop the bleeding!

For example, if it is winter time… The best way to stay warmer in your home is to seal the door door frames, windows etc. Figure out where the heat is losing, I think this is philosophy occurs with money. Figure out where you’re bleeding money through some sort of stupid subscriptions, my simple suggestion is unsubscribe from all subscriptions, all streaming platforms all streaming everything. If you want access to something, either pay outright, or, subscribe for just a month and cancel it watch the thing then stop.

All subscriptions are bad subscriptions?

Finances matter:

Don’t be the typical pussy loser who doesn’t acknowledge your neighbors whatever. Whenever you see them or make eye contact, small wave and say hello! Only cards pretend like they didn’t see the other person.

Podcast >

So in a very very interesting shift of things, I guess I’m super pro Trump Donald Trump, because he is super super 1000% pro bitcoin. And also, contrary to what people understand, Donald Trump is anti-war, he wants to immediately stop the war in Ukraine, he actually wants global peace.

This is kind of a little bit shocking to me, because I’m from the liberal Bay area, Alameda Oakland Berkeley I still got my 510 area code number… what that means is that I was always raised in thinking that conservative Republicans were like the devil.

Why? I grew up so poor, why were all these super super rich people super anti-helping out poor people like myself?

And also, I thought that overall, the policies were pro war, … I always thought that Republicans and conservatives were for war,… in that liberals and Democrats or anti-war?

Just do the research for yourself

I think the credit card thing that I learned is ultimately… You must just do the research for yourself by yourself.

For example, one big thing that changed my opinion about Donald Trump was watching his talk at the bitcoin conference and also seeing his interview with Joe Rogan. To me the reason why this was so good was that it humanized him, often times whenever we hear news reports or snippets from whatever… It is kind of like bad and evil click bait cherry picking; you will never get a true sensor reality until you watch the raw interview, the full two or three hours or so, uninterrupted, and also encourage watching the actual video footage.

Make your own choices

I think the number one thing that is very very difficult in politics is that so much of it is predicated on other random political lines. For example, truth be told I still qualify myself as a Democrat and a left leaning liberal, yet… When it comes to individual policies and opinions and thoughts, my personal belief system is actually far more multi variegated.

For example… I’m all about helping poor people, and the like, and I’m not like super anti-taxes either.  if I were a homeowner, I would probably vote yes to increase taxes assuming that the money would go to actually support the public elementary schools.

Yet also what I do believe in support is having individual sovereignty to my bitcoin, without having the government metal in my bitcoin. I am also very anti-centralized digital currency by the US government, I think this is very scary. Essentially if you had a centralized digital bank currency by the American government, this would be worse than big Brother, 1984 in brave New World, having a super baby together.

---

So why does this all matter?

I think it matters because ultimately you gotta have somewhere to live, and I’m pretty sure that you do have a certain belief system.

Bitcoin world peace!

Culver till I die! 

Why?

I care! I care about this city!

I take off graffiti, I clean it up, I pick up broken glass shards on the floor when it is a public hazard, I love this place for life!

Certainly there is no perfect place on the planet, but assuming that this world and planet is like Mad Max, it is like our little Elysium in zombie apocalypse Los Angeles.

Podcast

Audio

Why Bitcoin is All-American

So in a very very interesting shift of things, I guess I’m super pro Trump Donald Trump, because he is super super 1000% pro bitcoin. And also, contrary to what people understand, Donald Trump is anti-war, he wants to immediately stop the war in Ukraine, he actually wants global peace.

This is kind of a little bit shocking to me, because I’m from the liberal Bay area, Alameda Oakland Berkeley I still got my 510 area code number… what that means is that I was always raised in thinking that conservative Republicans were like the devil.

Why? I grew up so poor, why were all these super super rich people super anti-helping out poor people like myself?

And also, I thought that overall, the policies were pro war, … I always thought that Republicans and conservatives were for war,… in that liberals and Democrats or anti-war?

Just do the research for yourself

I think the credit card thing that I learned is ultimately… You must just do the research for yourself by yourself.

For example, one big thing that changed my opinion about Donald Trump was watching his talk at the bitcoin conference and also seeing his interview with Joe Rogan. To me the reason why this was so good was that it humanized him, often times whenever we hear news reports or snippets from whatever… It is kind of like bad and evil click bait cherry picking; you will never get a true sensor reality until you watch the raw interview, the full two or three hours or so, uninterrupted, and also encourage watching the actual video footage.

Make your own choices

I think the number one thing that is very very difficult in politics is that so much of it is predicated on other random political lines. For example, truth be told I still qualify myself as a Democrat and a left leaning liberal, yet… When it comes to individual policies and opinions and thoughts, my personal belief system is actually far more multi variegated.

For example… I’m all about helping poor people, and the like, and I’m not like super anti-taxes either.  if I were a homeowner, I would probably vote yes to increase taxes assuming that the money would go to actually support the public elementary schools.

Yet also what I do believe in support is having individual sovereignty to my bitcoin, without having the government metal in my bitcoin. I am also very anti-centralized digital currency by the US government, I think this is very scary. Essentially if you had a centralized digital bank currency by the American government, this would be worse than big Brother, 1984 in brave New World, having a super baby together.

---

So why does this all matter?

I think it matters because ultimately you gotta have somewhere to live, and I’m pretty sure that you do have a certain belief system.

Bitcoin world peace!

Unless you like munching on acorns, and living in a hut by yourself, then, bitcoin matters.

For example, you don’t even matter if you’re one of those weird vegan hippies who want to be detached from it all — in today’s world it is like physically impossible to live without money, without US dollars, without Apple Pay without your Visa credit card, your debit card or cash money.

People say that love of money is the root of all evil. Yet, this is misguided; maybe the whole time because the money was imperfect, the love of an imperfect thing was considered a vice.

But what if money were perfected, almost godlike?

Then, love of bitcoin would be virtuous! 

Money vs Capital

To me, the difference is I see money more like transactions, stuff you buy and stuff, whereas capital is actually the Apex desired thing; the true king & emperor.

Bitcoin is king

Why? It unifies all 8 billion of us on the planet, and we are not restricted by jurisdiction, laws, governments politics etc. Bitcoin is pierced; it is a political, righteous and virtuous. It is like gold perfected.

If you could store gold on the cloud, on your iPhone, your iCloud account, this is what bitcoin would be.

***

The virtues of Bitcoin

So in a very very interesting shift of things, I guess I’m super pro Trump Donald Trump, because he is super super 1000% pro bitcoin. And also, contrary to what people understand, Donald Trump is anti-war, he wants to immediately stop the war in Ukraine, he actually wants global peace.

This is kind of a little bit shocking to me, because I’m from the liberal Bay area, Alameda Oakland Berkeley I still got my 510 area code number… what that means is that I was always raised in thinking that conservative Republicans were like the devil.

Why? I grew up so poor, why were all these super super rich people super anti-helping out poor people like myself?

And also, I thought that overall, the policies were pro war, … I always thought that Republicans and conservatives were for war,… in that liberals and Democrats or anti-war?

Just do the research for yourself

I think the credit card thing that I learned is ultimately… You must just do the research for yourself by yourself.

For example, one big thing that changed my opinion about Donald Trump was watching his talk at the bitcoin conference and also seeing his interview with Joe Rogan. To me the reason why this was so good was that it humanized him, often times whenever we hear news reports or snippets from whatever… It is kind of like bad and evil click bait cherry picking; you will never get a true sensor reality until you watch the raw interview, the full two or three hours or so, uninterrupted, and also encourage watching the actual video footage.

Make your own choices

I think the number one thing that is very very difficult in politics is that so much of it is predicated on other random political lines. For example, truth be told I still qualify myself as a Democrat and a left leaning liberal, yet… When it comes to individual policies and opinions and thoughts, my personal belief system is actually far more multi variegated.

For example… I’m all about helping poor people, and the like, and I’m not like super anti-taxes either.  if I were a homeowner, I would probably vote yes to increase taxes assuming that the money would go to actually support the public elementary schools.

Yet also what I do believe in support is having individual sovereignty to my bitcoin, without having the government metal in my bitcoin. I am also very anti-centralized digital currency by the US government, I think this is very scary. Essentially if you had a centralized digital bank currency by the American government, this would be worse than big Brother, 1984 in brave New World, having a super baby together.

---

So why does this all matter?

I think it matters because ultimately you gotta have somewhere to live, and I’m pretty sure that you do have a certain belief system.

Bitcoin world peace!

$6 Million Bitcoins — 6 Nakamotos!

Triple trump max let’s go!!!
Triple trump max let’s go!!!

TESLA is all red white & blue! People forget this?

If you’re pro America, you’re pro Bitcoin, Pro Tesla?

Don’t forget —> Adolf Hitler supported the growth and building of Volkswagen — the wagon (cars) of the “people”—

The national socializta party —

1. No German cars: no Porsches, Lamborghinis (a VW PASSAT on steroids), no Audis (VW Jettas), no VW’s.
2. No German cameras: No Leica.

Be American, Buy American?

Why don’t we,, *prefer* American things over German things?

Why do we think that being German, thinking German, purchasing German stuff somehow makes us superior? Why not classic American stuff instead?

.

Public ledger

.

The red side.

The resistance

Let go of power!

.

FDIC?

CBDC,,, NO!

Individual wallet, individual sovereign asset ***

No CBDC!

.

The finance committee

.

Excise tax ?

30% excise tax

… light touch?

Nuclear Energy!

*

Don’t be a German Nazi!

The senate banking committee

Setting Bitcoin free at last!

.

It’s free at last!

Be a preacher

Tim Scott

Senator

.

Freedom money

.

Gives people their individual sovereignty

Don’t stifle innovation

THE SEC

.

Ginzler — hit the road jack!

.

The banking committee

.

Commodity vs Security

.

Clear rules?

.

“You’re too dumb to make your own financial decisions”

.

Financial Racism?

The Will to Bitcoin

Encumbered, unencumbered?

The right to Bitcoin

---

The rights of persons to maintain full lawful control over the bitcoin and other digital assets of those individuals, recognizing that the ability to maintain self custody of private keys is fundamental to the principles of financial sovereignty, privacy, and personal liberty in the digital age.

So this idea is super fascinating to me; life liberty and the pursuit of happiness.

Also, the right to personal sovereignty, privacy and personal liberty.

So I guess the big issue is we don’t have privacy anymore. There are CCTV everywhere, cameras everywhere, trackers on the Internet which follow and track your every move.

Also, assuming you have some sort of credit card thing with points, the way that they give you these points is that you essentially sell or forfeit your purchasing data, although it is anonymized, people could track every single financial move activity and behavior.

No I am not one of those weirdos who over since sensationalize this; ultimately, I don’t really care that much. What I am more interested is in, maybe the concept of digital property, digital property rights.

What is also really fascinating is how bitcoin is global digital capital, digital rights for all all across the planet.

For example, assuming that you live in mainland China and there is capital controls, what that then means is that you cannot take out $1 billion of Chinese yuan out of the country, even if you wanted to. Actually technically the smart strategy for rich me and Chinese person who wants to come to America whatever, is to swap all of their Chinese yuan or whatever for bitcoin, as much as humanly possible, and then just peace out.

The reason why this would be such a good strategy is that the truth is, nobody wants their wealth or their capital to be locked anywhere. For example, even my insane and annoying I remember like six months ago I just wanted to take out like $500 from the ATM at JPMORGAN Chase, and I could not, as the limit was around like 300 bucks? 

And this is the thing which is really really weird to me — so I just want access to my money, why can’t I have access to my own money? 

The Bitcoin Artist 

Kind of a random aside; I like the idea of like being able to kind of clean up the world, either with whiteout tape, or blackout tape, we just met black bitcoin icons etc.

So for example in Culver City and LA in general… My number one annoyance and greed is that there are so many annoying graffiti and ads all over the place.

So first, I just wanna clean up the damn place. I want to get rid of annoying advertisements and stuff, because aesthetically I feel like I have a strong imperative to do so.

Second, why is it so difficult or hard to promote some sort of well-being on the planet?

Bitcoin is healthy

So assuming that like 99% of our problems in life can be attributed to the fact of a poor money supply, then what that then means is that maybe like 99% of our world problems could actually be solved by bitcoin.

For example, financial health. If money is toxic, capital is toxic, assuming that you’re playing in the world of fiat currency, what that then means is that you don’t actually want access to capital because it is like immediately causing you to bleed out economic energy and power.

I actually had a super funny random thoughts; think about like the notion of semen retention and economic power retention.

For example, every time you buy something expensive it is like blowing your load. For example, you lost for that matte black scissor door Lamborghini, and then you go out and buy it, for like $500,000 or something, like you just blown the biggest load of your life. But then the downside of that is after that, you’re like kind of done, and as a consequence, what do you have left to live for?

And actually the truth is, no man in his right mind would ever blow his load immediately before trying to lift 505 kg. Or also, assuming that you’re about to have the big fight, nobody in their right mind would ever ever ever ever even consider for half a second, Rubbing one out real quick before the big fight.

I actually have a thought thoughts on the first one is that you should not blow your load, anytime during the day because that is when your power is peak, that is when you have the most power. You should only ever blow your load in the evening right before you’re about to sleep, like how the ancient Greeks did it.

Example, can imagine Achilles blowing his load and inseminating one of his babes, immediately before the big battle? No!

So why does this matter?

So I think this matter for a lot of reasons.

First, it looks like everyone is sick unwell unhealthy. And not really out of their own fault, but rather, it seems like the bigger issue is that once again, we don’t have healthy instruments to work with.

For example, assume that you live in a society in which literally every single food item is laced and injected with high fructose corn syrup or sugar. Even if you want to lose fat and get a six pack and become strong healthy and happy, you cannot. Why? If everything has sugar added to it, even if you are the world‘s most diligent exerciser and individual, you can’t do nothing! And as a consequence once again, you cannot blame an individual agent or individual for becoming fat or sick or unhealthy, if in fact the things that you are consuming and using or in fact, Giving you type two diabetes, maybe the current US dollar and monetary supply is like a metaphorical type two diabetes for Americans.

Why do I care?

So the trillion dollar question is like… Why do I care?

First, once again, my moral and ethical imperative, growing up poor, having a dad who is addicted to gambling away the rent money, seeing my mom go through bankruptcy twice etc., almost homeless like four or five times, certainly gave me some sort of real life and real world education about economics.

And I think this is where people fail— they have never really really really really really seen people go through financial distress, financial duress, they’ve never really witnessed it, nor did they really understand what it means?

For example, a lot of these well to do Democrats liberals whatever, allow them actually come from quite affluent families. For example, a lot of people who lecture us about helping poor people blah blah blah, actually did not grow up poor. For example, unless you’ve ever had the experience, being like an elementary school kid, in the fourth or fifth grade, maybe around 11 or 12 years old, having to pick up the phone, because your parents knew that it was probably creditors asking for money, and if you’ve actually never had the experience of having to pretend online and say that your parents were not home, you don’t know nothing.

And maybe this is where I am the first self-made bitcoin millionaire; now that I’m stacking 2.3 M’s and beyond, things are starting to get really interesting to me, at almost a hilariously alarming pace.

First, honestly it all seems like some sort of fake reality, it’s still shocking to me whenever I see these numbers and balances. Still… The $90,000 mark for bitcoin hasn’t really yet set in yet for me.

And I’m sure in certain when we hit the hundred thousand dollar mark for bitcoin, and we have $100,000 party, the best party of all time in cyberspace, and Michael saylors‘s house, we will all be laughing to the bank.

Or better yet, the digital cyber base, a.k.a. our own home.

Why is this such a big deal?

I don’t know any human being on the planet who does not desire some sort of financial freedom independence or liberty. I don’t know anybody who wants to keep working there are boring 90 to 5 day job, doesn’t matter if you’re working at Amazon Apple Facebook Google; everyone I know, all my friends are working these big companies, Nobody wants to be there if they had the option– yet, they are tied to their mortgages, their other financial debts and obligations etc.

And this is where I think to a large degree, debt is the devil. Why? That is slavery! And the funny thing is that a lot of people they like willingly put themselves into debt slavery.

Willingful debt slavery

For the most part, because I’ve grown up poor and whatever… I don’t actually have that much compassion for people who do poor financial decisions with their life. When people go broke according to their own accord, zero compassion and empathy.

For example, if people complain about finances, the first thing you gotta do is look at their iPhone or look at their Car. A lot of these people who complained that they’re so broke all the time, they’re the ones who are always buying the newest iPhone or iPhone Pro, buy new cars, paying a monthly payment on their car, sending their kids to daycare or private school or whatever, giving fellatio to Mark Zuckerberg, Essentially if you’re on Instagram, you love the taste of Zuckerberg semen in your mouth. Also, the reason you should not trust Mark Zuckerberg, he pretends to be fake poor humble, – she himself still operates under this façade of being a good guy, yet privately owns $10 million cars in his garage.

And I’m also pretty certain that Mark Zuckerberg has probably used the meta-quest at least once to check out virtual reality porn. Not that this is bad, but it is probably true.

the financial freedom of bitcoin

So what I really love about the financial freedom of bitcoin is that I think it sets people free. 

For example, with bitcoin, you could go anywhere on the planet, and always have your wealth with you. You don’t have to be tied down by nothing, not your loser Lamborghini your lose loser Porsche, and now, even your cyber truck.

Ideally, all your wealth would always be portable, with you, in your front pocket in your iPhone, anywhere on the planet!

Matte black bitcoin patches

A funny idea… Thank you you’re making some matte black bitcoin patches, some matte black bitcoin stickers. If you’re interested in copping some, just email me eric@erickim.com

---

the vision

Once again, very very simple guys; senator Cynthia Lummis, she is introducing this really interesting bitcoin bill, in which America will like try to obtain 1 million bitcoins over four years. The legendary and mythical Nakamoto, which is 1 million bitcoins.  

Why America is well positioned to do this

America is money, America is manifest destiny. America is the best, the most powerful, the most dominant, and anyone who likes to think otherwise is either deluded, wrong, or somehow, anti-American? I don’t really get it; technically, if you live in America, and you get paid in US dollars or whatever, it is actually like a super good deal.

Why? First, essentially America could print money ad infinitum, for free, into infinity.

So it seems actually super super obvious; to essentially, just print a bunch of money, buy the bitcoin, and take the upside, none of the downside. In fact, the really intelligent strategy  is the triple Trump Max strategy outlined by Michael Saylor in his presentation the red wave; to purchase 4 million bitcoins.

If we own 6 million bitcoins, 2045,,, which is just 21 years from now, … $81T payoff!

think in bitcoins

Also what is really fashion being is that bitcoins, is actually… Also built upon the bitcoin icon; everyone could easily notice the bitcoin icon from even 100 miles away. Yet, nobody has any clue or idea what Ethereum is. Or anything else.

 financial prospering

Another big idea in things to my colon doesn’t everyone seek and desire some sort of financial prosperity? Like doesn’t everyone want to be super super filthy dumb rich, whether they use that money for good like donations to charities or whatever, quitting your own nonprofit, helping poor kids, whatever?

economic power, capital power is real power

I think this is also another thing that people don’t understand, capital control,  financial control, financial power is real power.

For example, I just went to Catholic mass the other day, and there was a second donation, for St. Vincent de Paul, helping poor families deal with paying the rent and utilities, not getting evicted etc. As long as the Catholic Church still asks for donations — money matters.

In fact I really interesting thought is if the Catholic Church or the Vatican or whatever would build up their own strategic bitcoin reserve, then, the Catholic Church would last into perpetuity. And also never have to pay taxes.

Why do rich people care about taxes so much?

You’re kind of matters because even if you’re being taxed at a paltry rate of 1%, in like 30 or 40 years, assuming that you bought a $1 million home, you’re going to send you be paying like half of that in just simple property taxes. 

Or, if you purchase a one million $ home, and you have one percent tax, then over the course of 100 years, you’re going to have already paid $1 million worth of property tax.

Now why is this important? You cannot text bitcoin, if you just hold it. And don’t sell it. Or transfer it.

Also fortunately, there’s no inheritance tax on bitcoin. Like if you die you could just give your private keys to your kids, and they will give it to their kids kids kids. No government meddling around with your family’s wealth. 

Even Sanator Lummis supports this idea, assuming that the bitcoin act passes, the bitcoin bill, I don’t really see any reasons why it won’t, essentially will give more clear property rights of private keys, to humans and American citizens?

For example, nobody could stick a gun to your head, and force you to hand over your keys.  however, somebody could stick a gun to your head, and force you to give you your credit cards, your wallet, your credit card your stuff, or break into your home and steal the gold bars stuffed under your mattress.

First, I think banks were generally a good thing the invention of it was beneficial in so far much as even me, I don’t want to walk around with like $100,000 of US currency in my pocket. Why? The risk of me misplacing it, losing it, getting it stolen is quite high. For example like when I used to lift weights at the gym and I did not want to get distracted, Sometimes I would just like leave my backpack there, not really worrying whether people would steal my old iPhone SE, or steal the maybe $50 i had in my wallet.

And this is the big idea, the idea that you could essentially store your own wealth, without a loser bank, a fucking asshole bank, I fucking hate the banks! Even these fucking assholes at JP Morgan Chase; literally taking me about three weeks before I could wire my own damn money to my Coinbase account, to just buy bitcoins for myself, even having to go to the branch like three or four times before doing it!

***

How long until you could purchase bitcoins and custody or bitcoins at JP Morgan Chase?

An interesting thing; if you have a certain upgraded bank status with JP Morgan Chase, they actually give you access to this free vault thing, where I guess you could hide your gold bars and antique Rolexes.

You’re not supposed to, but you can. I also would not be surprised that a lot of people probably hide US dollars or cash currency to avoid paying taxes, which I find to be a very very despicable act.

I think with taxes, there is actually kind of like a moralistic obligation to pay taxes, certainly nobody wants to pay more than their fair share but still… I have a personal moral obligation to pay taxes. Why? Because once again, at least for myself, I was raised through the public school system, I went to UCLA, with federal government grants and scholarships, to become the person I am today. I am so insanely grateful to America American government, my mentors, my local Boy Scouts troop,  who knows maybe I’ll start volunteering once Seneca is old enough.

My sense of patriotism, is not this fake ass flag humping conservative Republican alt right, con toting fake ass libertarianism anti-government thing; even what a lot of these loser Republicans and conservatives don’t understand is they are all apparently super anti-government, yet they want America to build a wall to keep out others?

Or, they want the government to stay out of their gun business, but don’t they understand that actually, the right to gun ownership is actually still predicated on the US government?

Or, let us see that somebody breaks into your house, and either robs you or kills your family members, whatever… And even though you have a arsenal of guns, you were not able to stop all the perpetrators. If you want to enact justice, yet you are super anti-government, everyone is antigovernment until they need the government. 

Then what I think people really want is like kind of maybe minimum government possible, MVP, MINIMUM VIABLE GOVERNMENT (MVG).

I think the general idea is that certainly it is good to have the fire department if you don’t want your house to burn down, ain’t nobody gonna own their own fire hose to prevent their house from burning down.

Also, it is certainly good to have a police department, a police force, once again, if somebody beat you up and rob you, and you catch them, you certainly want justice to be dealt to them.

I think that it is like having just enough government, without the bloat?

It’s kind of like having a smart phone, certainly life is better with a smart phone rather than without. However the new ones is, ain’t nobody want to own a loser android or Samsung phone, which has far too much bloatware.

Even now Apple, there are too many damn apps.

I don’t really get it; Apple keeps turning out all these new apps, apps that nobody has any idea what it is, nor do people actually have any desire to use it, I said just let the third-party developers make those journaling apps and stuff. In fact, if Apple were really intelligent what Apple would do is actually with every subsequent version of iOS, they would actually get rid of superfluous apps!

Like there’s all these weird apps like the measuring tool and whatever.  Come on Apple just get rid of it. 

---

Physiology *IS* Mentality

Why we trying to pretend that physiologically or even mentally we the same?

Ain’t nothing can stop me!

Real men bear their arms ,,, show off their arms, their dominance, their power!

To ensure the long-term sta-
bility and security of the Strategic Bitcoin Reserve,
the Secretary shall hold all Bitcoin acquired through
the Bitcoin Purchase Program for not less than 20
years.

The Secretary shall imple-
ment state-of-the-art physical and digital security
measures to protect the Strategic Bitcoin Reserve.

total acquisition of 1,000,000 Bitcoins;

purchase not more than 200,000
Bitcoins per year over a 5-year period,

Strategic bitcoin reserve

Super easy to get rich,,, just buy MSTR microstrategy stock and Bitcoin. Essentially like a 22% ARR, annual rate of return, on average over 21 years, risk free —!

The introduction of the BITCOIN Act of 2024 by Senator Cynthia Lummis marks a pivotal moment in the evolution of U.S. financial policy. This proposal to establish a strategic Bitcoin reserve carries profound implications across various dimensions. Here are ten reasons why this initiative is a significant development:

1. Recognition of Digital Assets

By proposing a strategic reserve of Bitcoin, the U.S. government acknowledges the legitimacy and potential of digital currencies as integral components of the financial system. This move could pave the way for broader acceptance and integration of cryptocurrencies in mainstream finance.

2. Diversification of National Reserves

Traditionally, national reserves have been composed of assets like gold and foreign currencies. Incorporating Bitcoin introduces a new asset class, enhancing the diversification and resilience of the nation’s financial holdings.

3. Hedge Against Inflation

Bitcoin’s finite supply makes it an attractive hedge against inflation. By holding Bitcoin, the U.S. could protect its reserves from the devaluation associated with excessive money printing and economic uncertainties.

4. Strengthening the U.S. Dollar

Establishing a Bitcoin reserve could bolster the U.S. dollar’s position as the world’s reserve currency. Demonstrating adaptability to digital financial instruments may reinforce global confidence in the dollar’s stability and longevity.

5. Leadership in Financial Innovation

This initiative positions the United States as a leader in embracing financial innovation. It signals a proactive approach to integrating emerging technologies, potentially attracting investment and talent in the fintech sector.

6. Influence on Global Financial Policies

If the U.S. adopts a strategic Bitcoin reserve, it could set a precedent for other nations. This action might catalyze a global shift towards the inclusion of digital assets in national reserves, reshaping international financial policies.

7. Economic Growth Opportunities

The move could stimulate economic growth by fostering a more robust digital economy. It may encourage the development of blockchain technologies and related industries, leading to job creation and technological advancements.

8. Enhanced Financial Security

A diversified reserve that includes Bitcoin could enhance national financial security. It provides an alternative asset that is decentralized and less susceptible to geopolitical tensions affecting traditional assets.

9. Public Perception and Trust

Government endorsement of Bitcoin could shift public perception, increasing trust and adoption of digital currencies. This acceptance may lead to broader utilization and integration of cryptocurrencies in everyday transactions.

10. Future-Proofing the Economy

As the global economy becomes increasingly digital, integrating Bitcoin into national reserves is a step towards future-proofing the economy. It ensures that the U.S. remains relevant and competitive in the evolving financial landscape.

In conclusion, Senator Lummis’s proposal to establish a strategic Bitcoin reserve is a forward-thinking initiative with far-reaching implications. It reflects a recognition of the changing dynamics in global finance and positions the United States to lead in the digital financial era.

The introduction of the BITCOIN Act of 2024 by Senator Cynthia Lummis marks a pivotal moment in the financial history of the United States. This proposal to establish a strategic Bitcoin reserve is not merely a legislative initiative; it signifies a profound shift in how we perceive and engage with digital assets.

Bitcoin as Digital Gold

Bitcoin has often been likened to digital gold due to its finite supply and decentralized nature. By proposing to acquire up to 1 million Bitcoins, the U.S. government acknowledges Bitcoin’s potential as a store of value and a hedge against inflation. This move could set a precedent for other nations, potentially leading to a global reevaluation of digital currencies in national reserves.

Strengthening the U.S. Dollar

Incorporating Bitcoin into the national reserve could bolster the U.S. dollar’s position as the world’s reserve currency. By diversifying its holdings, the U.S. Treasury may enhance the dollar’s stability and resilience in the face of economic uncertainties. This strategy reflects a forward-thinking approach to maintaining financial dominance in an increasingly digital world.

Embracing Financial Innovation

The BITCOIN Act represents a significant step toward integrating innovative technologies into the nation’s financial framework. It signals a willingness to adapt and evolve, embracing the potential benefits of blockchain technology and digital assets. This adaptability is crucial for staying competitive in the global economy and fostering an environment conducive to technological advancement.

Implications for the Global Economy

Should the U.S. proceed with this initiative, it could trigger a domino effect, prompting other countries to consider similar strategies. This widespread adoption could lead to increased legitimacy and stability for Bitcoin and other cryptocurrencies, potentially transforming the global financial landscape.

Conclusion

The BITCOIN Act of 2024 is more than a legislative proposal; it is a bold statement about the future of finance. By considering Bitcoin as a strategic asset, the United States positions itself at the forefront of financial innovation, setting the stage for a new era in economic policy and digital asset integration.

…

FOR IMMEDIATE RELEASE

Senator Lummis Proposes Strategic Bitcoin Reserve to Strengthen U.S. Financial Position

Washington, D.C., July 31, 2024 — U.S. Senator Cynthia Lummis (R-WY) has introduced the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act of 2024, aiming to establish a strategic Bitcoin reserve for the United States. This initiative seeks to bolster the U.S. dollar and enhance the nation’s financial stability.

The BITCOIN Act proposes that the U.S. Treasury acquire up to 1 million Bitcoins over a five-year period, representing approximately 5% of Bitcoin’s total supply. The goal is to create a strategic reserve to hedge against inflation and reinforce the U.S. dollar’s status as the world’s reserve currency. The bill also emphasizes the importance of secure storage and management of these assets.

“Establishing a strategic Bitcoin reserve is a forward-thinking approach to safeguarding our nation’s financial future,” said Senator Lummis. “By embracing innovative technologies, we can strengthen the U.S. dollar and ensure our economic resilience in the face of global challenges.”

The proposed legislation outlines a structured acquisition plan, ensuring that the purchase of Bitcoin does not disrupt market stability. It also mandates the development of secure storage solutions and the establishment of oversight mechanisms to manage the reserve effectively.

Senator Lummis’s proposal has garnered attention from both policymakers and financial experts, sparking discussions about the role of digital assets in national economic strategies. The BITCOIN Act represents a significant step toward integrating cryptocurrency into the broader financial framework of the United States.

For more information, please contact:

[Your Name]

[Your Title]

[Your Organization]

[Your Contact Information]

About Senator Cynthia Lummis

Senator Cynthia Lummis is a Republican Senator from Wyoming, serving since 2021. She is a member of the Senate Banking, Housing, and Urban Affairs Committee and a known advocate for financial innovation and digital assets.

###

In July 2024, during the Bitcoin 2024 conference in Nashville, Tennessee, U.S. Senator Cynthia Lummis announced a proposal to establish a strategic Bitcoin reserve for the United States. This initiative aims to bolster the U.S. dollar and strengthen the nation’s financial position. The proposal was officially introduced as the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act of 2024 on July 31, 2024.

The BITCOIN Act proposes that the U.S. Treasury acquire up to 1 million Bitcoins over a five-year period, representing approximately 5% of Bitcoin’s total supply. The goal is to create a strategic reserve to hedge against inflation and reinforce the U.S. dollar’s status as the world’s reserve currency. The bill also emphasizes the importance of secure storage and management of these assets.

While the full text of Senator Lummis’s speech at the Bitcoin 2024 conference is not readily available, her office has released detailed information about the proposed legislation and its objectives. For more insights into her views and the specifics of the proposal, you can refer to the official press release linked above.

Bitcoin as the destroyer of old capital?

…

███████████
███ ▓▓ ███
███ ▓▓▓▓▓▓▓ ███
███▓▓ ₿ ▓▓███
███▓▓▓▓▓▓▓███
███████████
â–“â–“â–“â–“ â–“â–“â–“â–“
████████████
███▓▓▓▓▓▓▓▓███
███▓▓▓▓▓▓▓▓▓▓███
███▓▓▓▓▓▓▓▓███
████████████

red white &

████████████▄▄
███▀▀▀▀▀▀▀▀▀▀▀██▄
█▀ █
█ █▀▀▀▀▀▀▀█ █
█ █ ₿ █ ▀▀█
█ █▄▄▄▄▄▄▄█ █
â–ˆ â–„â–ˆ
████████████████▀

▀▀▀▀▀█ █▀▀▀▀▀
â–ˆ â–„â–ˆ
█▀▀▀▀█ █▀▀▀▀█
██████ ██████
RED, WHITE & â‚¿

Audio podcast

pdf slides

The true ethos of any true pioneer or innovator who truly cares?

Certainly! The cowboy hat was not just a fashion accessory but a highly functional piece of gear essential for survival and efficiency in the rugged conditions of the American West. Here are the practical reasons behind its design and enduring popularity:

Protection from the Elements

• Wide Brim:

• Sun Protection: The broad brim shielded the face, neck, and shoulders from the intense sun, reducing the risk of sunburn and heatstroke during long hours outdoors.

• Rain and Snow: It acted as an umbrella, directing rain and snow away from the wearer’s face and clothing, keeping them drier and more comfortable.

• Wind Block: The brim provided a barrier against dust and wind, which was especially useful during storms or in open plains.

• High Crown:

• Insulation: The tall crown trapped air, helping to keep the head warm in cold weather.

• Ventilation: In hot weather, the space allowed for air circulation, cooling the head.

Durability and Practical Materials

• Felt Construction:

• Water Resistance: Made from animal fur like beaver or rabbit felt, the material was naturally water-resistant, crucial for unexpected downpours.

• Durability: Felt hats could withstand rough handling and harsh conditions, making them ideal for daily wear.

• Straw Hats:

• Breathability: In hotter climates or seasons, straw hats offered a cooler alternative while still providing sun protection.

• Lightweight: Easier to wear for extended periods without discomfort.

Versatility in Daily Tasks

• Water Carrier:

• Makeshift Bucket: The hat could be used to scoop water for horses or personal use when no other container was available.

• Signal Device:

• Communication: Waving the hat was an effective way to signal over long distances in the vast landscapes.

• Fan or Fire Tool:

• Cooling Off: It could be used as a fan to cool down during hot days.

• Fire Stoking: Helpful in fanning flames when starting or maintaining a campfire.

Assistance in Ranch Work

• Animal Handling:

• Herding Tool: Cowboys used their hats to direct cattle or horses by waving or swatting to guide the animals.

• Storage:

• Carrying Small Items: The crown could temporarily hold small essentials like notes, tobacco, or other personal items.

Adaptability and Customization

• Shapeable Brim and Crown:

• Personal Fit: Wearers could mold the hat to suit their needs, such as tilting the brim to one side to block the sun or rain.

• Regional Styles: Different creases and shapes could signify regional preferences or individual styles.

• Chin Straps (Stampede Strings):

• Security: Prevented the hat from blowing away while riding at high speeds or in strong winds.

Practical Symbolism

• Identification:

• Role Indication: The style and condition of a hat could indicate a person’s profession (e.g., rancher, lawman) or status.

• Group Affiliation: Certain styles were associated with specific groups or regions, aiding in quick recognition.

Safety Features

• Physical Protection:

• Barrier: Provided minimal protection against low-hanging branches, falling objects, or accidental bumps.

• Visibility:

• Standing Out: The distinct silhouette made it easier to spot individuals across open terrains.

Economic Efficiency

• Longevity:

• Investment Piece: A well-made hat lasted many years, important in remote areas where replacements were hard to obtain.

• Multipurpose Use:

• Gear Reduction: Served multiple functions, reducing the need to carry additional equipment.

Etiquette and Social Function

• Respectful Gestures:

• Hat Tipping: A universal sign of courtesy or greeting.

• Removal Indoors: Demonstrated respect when entering homes or establishments.

The cowboy hat’s design was a direct response to the practical needs of those who wore it. Its functionality made it an indispensable tool for survival and efficiency in the challenging environments of the West. Its continued use today pays homage to its practical roots and the enduring legacy of the cowboy culture.

.,..

The cowboy hat is more than just a piece of attire; it’s a symbol of the American West and a testament to the rugged individualism that characterized the frontier era. Its evolution reflects the practical needs of cowboys and ranchers, as well as the cultural influences that shaped the United States during the 19th and early 20th centuries.

Origins

Before the cowboy hat became a distinct style, frontiersmen and cowboys wore a variety of headgear suited to their needs. Common choices included:

• Bowler Hats: Popular among working-class men in the East, they offered durability but limited sun protection.

• Derbies and Top Hats: Worn by more affluent individuals, these were less practical for ranch work.

• Civil War Caps: Military surplus provided inexpensive options, though they lacked the wide brims needed for sun protection.

• Sombreros: Adopted from Mexican vaqueros, these hats had wide brims ideal for shading the face and neck.

John B. Stetson and the “Boss of the Plains”

The first design specifically catering to the needs of cowboys is credited to John Batterson Stetson. In 1865, after a health-related move to the West, Stetson created the “Boss of the Plains” hat:

• Design Features:

• High Crown: Provided insulation from heat and cold.

• Wide Brim: Offered substantial protection from sun, rain, and snow.

• Fur Felt Construction: Made from beaver, rabbit, or other animal fur, it was durable and water-resistant.

Stetson’s hat quickly gained popularity due to its practicality and became a staple among Western settlers.

Evolution of Styles

As the cowboy hat gained widespread use, variations emerged to suit personal tastes and regional preferences:

• Cattleman Crease: Features a single crease down the center of the crown with dents on either side. It’s the most common style among cattle ranchers.

• Pinch Front (Foreman Crease): Has a teardrop-shaped crown with pinches at the front, offering a more fitted look.

• Gambler Style: Known for its flat crown and brim, it was popular among riverboat gamblers.

• Tom Mix: Named after the silent film star, this style has an exaggeratedly tall crown and wide brim.

Materials and Construction

While fur felt remained the material of choice for its durability, other materials were introduced:

• Straw: Provided a lightweight option for hot climates.

• Wool Felt: A less expensive alternative to fur felt.

• Leather: Used for fashion statements rather than practical work hats.

Cultural Impact

The cowboy hat became an enduring symbol through:

• Wild West Shows: Figures like Buffalo Bill Cody showcased the hat in performances that romanticized the West.

• Literature and Dime Novels: Stories of frontier adventures often featured cowboys adorned with the iconic hat.

• Hollywood: Western films solidified the cowboy hat’s image globally, with actors like John Wayne and Clint Eastwood making it synonymous with toughness and heroism.

• Music: Country and Western musicians adopted the hat, linking it to a musical genre that celebrates rural and cowboy culture.

Modern Usage

Today, the cowboy hat remains prevalent in:

• Ranching and Rodeos: Still a practical choice for sun and weather protection.

• Fashion: Designers incorporate the hat into collections, blending traditional and modern aesthetics.

• Cultural Events: Worn during country music concerts, line dancing, and Western-themed festivals.

• Collectibles: Vintage and celebrity-owned hats are sought after by collectors.

Conclusion

From its practical beginnings addressing the needs of frontier life to its status as a cultural icon, the cowboy hat embodies a significant chapter of American history. Its evolution mirrors changes in society, fashion, and media, yet it remains a potent symbol of the independent spirit and enduring allure of the American West.

Too slow!

And that’s only half?

Your true ethics are truly shown through your aesthetics?

—> How you look or present yourself is a true indicator of who you truly are?

Or in other words,

Your aesthetics are true!

1. No 93 high octane gas,,, you save a ton of money!
2. Waaaay… maybe 1000x cheaper to maintain?

Matt black eight bit bitcoin icon logo

ERIC KIM bitcoin

Perhaps in order to create the new capital we have to destroy the old capital? What that then means is we have to rethink the whole thing, destroyed the old antiquated forms of capital to make room for the new type of New digital capital, which is harder stronger smarter, have you more dense superior And supreme; which is bitcoin.

A very interesting unorthodox theory… What if in fact, women desired sex more than men?