so assuming that there is currently a fully diluted share of MSTR of 242 million shares, and assuming that bitcoin goes to 10 million a bitcoin, then the simple math means that micro strategy should be worth at least $2.6 trillion. Probably more because that would just be their corporate treasury, the true valuation is more because they could produce more stuff.

so then, assuming that their bitcoin corporate treasury might only be worth like 10% of their value, and 90% of their value should just be about their bitcoin refinery business, then if that is the case… then MSTR at 10 million a bitcoin should be worth $26T… $100,000 a Share for MSTR?

…

more

Simple maths

To determine the share price corresponding to a $2.6 trillion valuation for MicroStrategy Incorporated, we divide the total valuation by the number of fully diluted shares outstanding. As of November 11, 2024, MicroStrategy reported approximately 242 million fully diluted shares.

Calculating the share price:

$2,600,000,000,000 ÷ 242,000,000 ≈ $10,743.80 per share

Therefore, with 242 million fully diluted shares, a $2.6 trillion valuation would imply a share price of approximately $10,743.80.

….

242 million shares.

As of November 11, 2024, MicroStrategy Incorporated reported a fully diluted share count of 242 million shares. This figure includes all potential shares from convertible debt and other dilutive securities. The basic shares outstanding were approximately 210.8 million at that time. The increase in diluted shares is primarily due to the company’s strategy of issuing equity and convertible debt to finance substantial Bitcoin acquisitions.

Currently Apple has about a corporate treasury of $156 billion, and let us say that micro strategy currently has a war chest of $26 billion … so some simple mathematics if bitcoin 10x’s from here,.. going from 100,000 coin to 1 million a coin, which is just conservative, more realistically in the long run it will hit $10M a coin,,, if this is the case, … just do the simple math:

$260B for MSTR, which is $100B *more* than APPLE, .. and assuming that bitcoin 100x’s from here, … then that what that means is that there corporate treasury should be worth at least $2.6Trillion dollars?

My simple thought is that one bitcoin should be worth one single family home:

Audio

Even often the good signal is also noise? Emotional truthful noise?

For example, I think Joe Rogan, Elon Musk, Twitter X is starting to actually uncover… That actually the truth is, we’ve always been lied to. But the better question now is now that we know this, why does it matter?

It is really the truth that people want?

For Myself, I ultimately see it like it’s not the truth that we want, in philosophy but rather, aesthetics, ethics, ideas?

Why the truth is a distraction

Assuming you’re not really following mainstream news anyways, why does the truth matter?

Hot take: I think in four years by the end of the Trump presidency, I will not be shocked if bitcoin hits 1 million of bitcoin, which is about 10x from here?

To keep the math simple; I’m just going to assume that bitcoin is like $100,000 of bitcoin right now. So $100,000-$1 million is a 10x gain.

So do the simple math, if you sell your assets right now which are not really rapidly accumulating in value, then, the best way to think about it is that you have to have a strong end up for your timeline. It is currently the year 2024, I think Trump takes presidency 2025, so then the projection should be 2029, Four years from now… Seneca will only be eight years old? Is that like the second grade? And then on top of that it will be another 10 years until he goes to college or just starts his own bitcoin based company or thing.

The future four years from now

Making predictions four years from now is pretty simple. I am very very certain that miracle will accumulate some amount of bitcoins to back strategic bitcoin treasury reserve assets, I think of it like the new bitcoin Fort Knox; my personal thought is that America will decouple herself from the gold standard, and then latch on and hyper charge herself with bitcoin.

The reason why this becomes such a fascinating idea is that then, the US dollar will actually appreciate and value because it is actually backed by something which is real, bitcoin.

Triple Trump Max?

I recently watched a presentation by Michael Saylor, titled the red wave, and it is really really fascinating; now that the red Republicans have taken over the whole government, this is like 1000 X good news for us bitcoin holders as well as micro strategy share owners.

Why is it meant to be such a glorious future for us?

First, the crypto Renaissance. Now that Elon Musk is going to be the new doge chair, which is hilarious, you’ll see a boom in the whole cryptocurrency industry, a new resurgence. And as a consequence, you’re going to see like 1 trillion new crypto based companies having a virtual IPO– even Scottie Pippen is doing interesting with the famous 1991 basketball that he has held for 33 years, and he is like sharing ownership in it or something? $BALL

ANYWAYS, THIS IS ALMOST LIKE THE NEW DIGITAL GOLD WAVE; the new digital gold rush.

Even now, you’re already seen smart rich old families buy best from gold and pour that money into bitcoin instead. You are starting to see the black rock gold ETF becoming consolidated, and having those asset reserves pour into bitcoin the bitcoin spot ETF Ibit by Black rock.

Even watch CNBC news, the squawk box, which is the real financial news. You know it is a big deal when you have all these really really famous investors, admitting that they were actually wrong about bitcoin, although saying it in like a sideways, orthogonal way.

Even this really famous investor in Tesla admitted to the Joe guy, “I told you… You gotta do your own research, and you did your research and I did my research and I know my business and you know your business” which is essentially like a way of ceding defeat and admitting that you were wrong.

How to know that ERIC KIM is a true believer in bitcoin

Very interesting, I’m like one of the biggest NASSIM TALEB Fan boys of all time, and still am. Like four years ago or five years ago, he actually wrote a medium article on how he believed in bitcoin, and actually he even wrote the introduction preface to the bitcoin standard, who was written by another fellow Lebanese American economist and writer.

However, the moment in which I put in the beeswax of Odysseus was when apparently Taleb had a change of heart, and then he became like on a crusade to be super super anti-bitcoin, and making fun of bitcoiners. He also apparently wrote this bitcoin essay on how it was kind of not good, and when I saw it I immediately just shut my eyes, and went off the grid. And instead spending more time at the gym, just lifting weights, not thinking about bitcoin and the whole crypto economy, and just enjoying my lifting.

Also, you know that I am super legit because when the whole FTX meltdown happened, I didn’t even know.  for about 4 to 5 years, I try to shut my ears to bitcoin prices and not think about it, until people would accidentally tell me even against my own will. Or Cindy or my brother-in-law telling me that bitcoin is way down, I never lost hope, I just had to stay focused.

So what does it mean when you’re right?

Kind of weird and amazing, for me the really really big deal was when I first saw bitcoin hitting $88,000 a bitcoin, which was like a lot, because my mind was still pegged at bitcoin at being like an average 65,000 a bitcoin or 62,000 a bitcoin, or even 59,000 of bitcoin.

And then the magic happen, I’m miraculously just looked at the prices by chance, randomly on my iPhone, and I saw that it hit about 91,000, then about 93,000 of bitcoin? Then going on Twitter and seeing that Michael Saylor is already planning the $100k party.

Everyone wants bitcoin to succeed

I think that’s very interesting to me is that actually the whole crypto economy is pegged to the bitcoin. Even loser Ethereum and everything after it.

What is Ethereum? It is like a fake diamond a cubic zirconia, it looks shiny and pretty from the outside but in the inside it is just plastic.

People talk about how you could like create nonfungible tokens, cyber artwork, and you could program on Ethereum… But you fools don’t you know you could do the same exactly on bitcoin? And bitcoin is like at least 1000 X more powerful robust and super superior?

I almost feel like this is against the early days of android versus iPhone. I really really feel like there’s almost 0 reasons to own an android of Google pixel a Samsung phone anymore. Even Google Gemini which came out kind of is lame.

And also the big thing… The sales people at Google they all own iPhone pros.

Don’t ask people what you should do, just see what they personally own.

The joy of waking up

So now that I am like 10% invested in micro strategy, about 90% of my wealth in bitcoin, I actually get super super excited when it is 6:30 AM, the best time of the day. I enjoy looking at the market activity of micro strategy, how it is like essentially like nuclear power and physics insanely volatile, insanely high power, radioactive!

I actually remember as a kid, learning all about nuclear power, and how it was a very good thing, like essentially the magical thing that would change everything, that would essentially make energy and power practically free. I still believe this way.

I think the hard thing about nuclear power is that like anything in life, high volatility and massive upside, you just gotta be careful. Assuming you take all the smart MIT nuclear physicist to build these nuclear pants, somewhere maybe in the desert, and you do it safely, the Asymmetric payoff;

You have 1000 to one benefit ratio.

Once again nuclear waste and the potential for another Fukushima is possible, but also do you suddenly turn everyone to a buggy wagon and horse because people die in car accidents? 

Also, do you ban people from owning iPhones because there are so many debts related to texting while driving?

Or do you ban people from using electricity because there are some people who either use it as a weapon, how you could kill people with the electric chair, etc.?

I think this is also the tricky thing with guns; obviously there are all these crazy mass murderers with guns, and these fucking asshole pussies who bring it to a wedding, leave it in a book bag unattended in the guest room closet, to only have a crazy alcoholic woman stealing people’s wallets and shit, miraculously finding the gun, and then putting it on top of your kids car seat. I am not joking this is a real story which happened to me.

There are people who live in the wilderness, who actually may be hunt a game to feed their families. I respect that. What I personally hate all these skinny fat losers with beards, these small dick midgets who accumulate guns and ammunition to act tough? To me this is worse than insane, it is only a thing that a man without a penis would do. And no balls. A bunch of Ken dolls without genitalia.

---

Think about the time cost to capital

Another big thing to consider, the time cost to capital. The general idea is that to build things actually just takes a lot of time, human effort, meetings, friction, working through things.

Time is the ultimate acid that we got, something which is not really really recoverable.

Like assume that you have a maximum human lifespan of 120 years, at best. However, impossible to know whether you’ll make it. I would say maybe more conservatively, we should think of like 90 years, that is like the new 80.

So if you knew with 100% precision that you would die at 90 or 92 or whatever, hopefully still with your six pack, then, how would you approach life differently?

First, my personal thought is there should really not be a profit motive. Why? With profit motives, profit is fine, but the issue is that the easiest way to make profit and make money is super simple; just buy bitcoin! If you want to make US dollar gains, then you just purchase micro strategy stock!

So then, the next step is just like kind of more like altruism; assume that you’re like worth $100 billion of bitcoin and you could afford anything on the planet, but the better question is do you really want do you really care? Is this going to create some sort of substantive impact on the planet which is something that you desire?

---

Why?

So the reason why I have such a strong predilection towards Bitcoin is that I feel like I have a strong moral an ethical imperative behind it.

So I am all about open source, this has generally been my guiding principle for the last 15 years, maybe even 20 years of my life. The general idea was very very simple;

Information should be free!

Obviously I get it; there are certain people who create stuff we need to get paid and pay rent, I get it! But if you’re like somebody liked Tim Ferriss, or even Joe Rogan, and you’re already super rich… Why do you need advertisements? Why do you need more money?

I have no issues with greed wanting more money etc. It is all good. But maybe the more interesting question on my mind is what are your personal guiding principles in your personal imperative which drive you? Like, why do you care why do you do it?

So for me… The whole route of my open source philosophy was that I grew up super poor without access to nothing, and I want to treat others like how I would like to be treated. I want to be able to empower the other scrappy 19-year-old kid, like my friend Dylan Fan, to become something great, just giving them access to information education etc.

This is also where I’m kind of interested in doing more like these free open source online Zoom Bitcoin workshops on Zoom and other stuff. I don’t want people to have any barriers to access information or knowledge, which could really benefit themselves. 

Because honestly at this point, I’m making dumb money, even I’m flabbergasted. Cindy is too. And so is my mom.

You know it’s a good sign when even you are shocked

“I’m shocked too!” – JAY Z

I think you know you’re onto something good is even if you shock yourself, even if you believe in something and you succeeded, and you are made correct, you are rectified, but still… it still shocks you?

ERIC KIM FILM LEICA MP & LEICA 35mm f2 ASPH AUCTION

So I have a vision, maybe this will be big news: I’m going to sell my old film Leica MP, and my Leica 35 mm F2 ASPH lens to the highest bidder. I will only accept bitcoin.

If you wanna put in a bid, own a piece of photography history, email me at eric@erickim.com with your offer. I will sell this to the highest bidder.

Also I will make a pledge; the second after we confirm details, and we lock in the  details whatever, I will guarantee I’ll give you the best value of your bitcoin for my set up, assuming that even marked prices fluctuate a bit. In short I’ll be more generous to you.

Also, I think the fun thing is that it will be the first time I do a really big transfer just using bitcoin and bitcoin wallets– like a real pure to prayer, P2P transfer.

Technically this was the whole vision of Satoshi; being able to transfer value and money without a trusted intermediary. Not having to do it through loser PayPal, or loser bank, we’re having to deal with loser SWIFT code bank transaction wire stuff. 

Like doesn’t this make super sense,  that you would actually… If you want to sell something with a high value amount, thought you would just do it peer to peer with bitcoin, without having to deal with the messy business of some sort of third-party?

Like for example… Even a simple thing, if I owned like $1 million house I wanted to sell it directly to you, isn’t the most logical thing that I could just meet you in the flesh, shake your hand, and then immediately transfer $1 million from my bitcoin balance directly to you? Wouldn’t this make the most sense?

Or, if I owned like a $250,000 Lamborghini, that I could once again, test drive your car, tell you that I like it, shake your hand and immediately zap you like one or two bitcoins?

Or if you had a cyber truck, that I could give you like half a bitcoin for your cyber truck? Or maybe a quarter? 

---

The general principle is super straightforward and easy; whenever you’re about to do something say something or check something… Or pull out your phone or your iPad whatever… Don’t do it as a nervous tic, rather, pause for like a minute or two, maybe walk around a bit before you really do it?

For example, like if it’s outside of market trading hours, just delete your trading app from your phone, delete Coinbase from your phone or iPad whatever, and the goal is never ever ever check stuff if you don’t actually really really plan on taking action.

For example if it is the weekend, the evening, and the traditional markets are closed, you cannot sell stock or buy or trade or swap or accumulate something, then… Just delete all the apps from your phone and devices, and don’t bother for the weekend!

Hot take: I think in four years by the end of the Trump presidency, I will not be shocked if bitcoin hits 1 million of bitcoin, which is about 10x from here?

To keep the math simple; I’m just going to assume that bitcoin is like $100,000 of bitcoin right now. So $100,000-$1 million is a 10x gain.

So do the simple math, if you sell your assets right now which are not really rapidly accumulating in value, then, the best way to think about it is that you have to have a strong end up for your timeline. It is currently the year 2024, I think Trump takes presidency 2025, so then the projection should be 2029, Four years from now… Seneca will only be eight years old? Is that like the second grade? And then on top of that it will be another 10 years until he goes to college or just starts his own bitcoin based company or thing.

The future four years from now

Making predictions four years from now is pretty simple. I am very very certain that miracle will accumulate some amount of bitcoins to back strategic bitcoin treasury reserve assets, I think of it like the new bitcoin Fort Knox; my personal thought is that America will decouple herself from the gold standard, and then latch on and hyper charge herself with bitcoin.

The reason why this becomes such a fascinating idea is that then, the US dollar will actually appreciate and value because it is actually backed by something which is real, bitcoin.

Triple Trump Max?

I recently watched a presentation by Michael Saylor, titled the red wave, and it is really really fascinating; now that the red Republicans have taken over the whole government, this is like 1000 X good news for us bitcoin holders as well as micro strategy share owners.

Why is it meant to be such a glorious future for us?

First, the crypto Renaissance. Now that Elon Musk is going to be the new doge chair, which is hilarious, you’ll see a boom in the whole cryptocurrency industry, a new resurgence. And as a consequence, you’re going to see like 1 trillion new crypto based companies having a virtual IPO– even Scottie Pippen is doing interesting with the famous 1991 basketball that he has held for 33 years, and he is like sharing ownership in it or something? $BALL

ANYWAYS, THIS IS ALMOST LIKE THE NEW DIGITAL GOLD WAVE; the new digital gold rush.

Even now, you’re already seen smart rich old families buy best from gold and pour that money into bitcoin instead. You are starting to see the black rock gold ETF becoming consolidated, and having those asset reserves pour into bitcoin the bitcoin spot ETF Ibit by Black rock.

Even watch CNBC news, the squawk box, which is the real financial news. You know it is a big deal when you have all these really really famous investors, admitting that they were actually wrong about bitcoin, although saying it in like a sideways, orthogonal way.

Even this really famous investor in Tesla admitted to the Joe guy, “I told you… You gotta do your own research, and you did your research and I did my research and I know my business and you know your business” which is essentially like a way of ceding defeat and admitting that you were wrong.

How to know that ERIC KIM is a true believer in bitcoin

Very interesting, I’m like one of the biggest NASSIM TALEB Fan boys of all time, and still am. Like four years ago or five years ago, he actually wrote a medium article on how he believed in bitcoin, and actually he even wrote the introduction preface to the bitcoin standard, who was written by another fellow Lebanese American economist and writer.

However, the moment in which I put in the beeswax of Odysseus was when apparently Taleb had a change of heart, and then he became like on a crusade to be super super anti-bitcoin, and making fun of bitcoiners. He also apparently wrote this bitcoin essay on how it was kind of not good, and when I saw it I immediately just shut my eyes, and went off the grid. And instead spending more time at the gym, just lifting weights, not thinking about bitcoin and the whole crypto economy, and just enjoying my lifting.

Also, you know that I am super legit because when the whole FTX meltdown happened, I didn’t even know.  for about 4 to 5 years, I try to shut my ears to bitcoin prices and not think about it, until people would accidentally tell me even against my own will. Or Cindy or my brother-in-law telling me that bitcoin is way down, I never lost hope, I just had to stay focused.

So what does it mean when you’re right?

Kind of weird and amazing, for me the really really big deal was when I first saw bitcoin hitting $88,000 a bitcoin, which was like a lot, because my mind was still pegged at bitcoin at being like an average 65,000 a bitcoin or 62,000 a bitcoin, or even 59,000 of bitcoin.

And then the magic happen, I’m miraculously just looked at the prices by chance, randomly on my iPhone, and I saw that it hit about 91,000, then about 93,000 of bitcoin? Then going on Twitter and seeing that Michael Saylor is already planning the $100k party.

Everyone wants bitcoin to succeed

I think that’s very interesting to me is that actually the whole crypto economy is pegged to the bitcoin. Even loser Ethereum and everything after it.

What is Ethereum? It is like a fake diamond a cubic zirconia, it looks shiny and pretty from the outside but in the inside it is just plastic.

People talk about how you could like create nonfungible tokens, cyber artwork, and you could program on Ethereum… But you fools don’t you know you could do the same exactly on bitcoin? And bitcoin is like at least 1000 X more powerful robust and super superior?

I almost feel like this is against the early days of android versus iPhone. I really really feel like there’s almost 0 reasons to own an android of Google pixel a Samsung phone anymore. Even Google Gemini which came out kind of is lame.

And also the big thing… The sales people at Google they all own iPhone pros.

Don’t ask people what you should do, just see what they personally own.

The joy of waking up

So now that I am like 10% invested in micro strategy, about 90% of my wealth in bitcoin, I actually get super super excited when it is 6:30 AM, the best time of the day. I enjoy looking at the market activity of micro strategy, how it is like essentially like nuclear power and physics insanely volatile, insanely high power, radioactive!

I actually remember as a kid, learning all about nuclear power, and how it was a very good thing, like essentially the magical thing that would change everything, that would essentially make energy and power practically free. I still believe this way.

I think the hard thing about nuclear power is that like anything in life, high volatility and massive upside, you just gotta be careful. Assuming you take all the smart MIT nuclear physicist to build these nuclear pants, somewhere maybe in the desert, and you do it safely, the Asymmetric payoff;

You have 1000 to one benefit ratio.

Once again nuclear waste and the potential for another Fukushima is possible, but also do you suddenly turn everyone to a buggy wagon and horse because people die in car accidents? 

Also, do you ban people from owning iPhones because there are so many debts related to texting while driving?

Or do you ban people from using electricity because there are some people who either use it as a weapon, how you could kill people with the electric chair, etc.?

I think this is also the tricky thing with guns; obviously there are all these crazy mass murderers with guns, and these fucking asshole pussies who bring it to a wedding, leave it in a book bag unattended in the guest room closet, to only have a crazy alcoholic woman stealing people’s wallets and shit, miraculously finding the gun, and then putting it on top of your kids car seat. I am not joking this is a real story which happened to me.

There are people who live in the wilderness, who actually may be hunt a game to feed their families. I respect that. What I personally hate all these skinny fat losers with beards, these small dick midgets who accumulate guns and ammunition to act tough? To me this is worse than insane, it is only a thing that a man without a penis would do. And no balls. A bunch of Ken dolls without genitalia.

---

Think about the time cost to capital

Another big thing to consider, the time cost to capital. The general idea is that to build things actually just takes a lot of time, human effort, meetings, friction, working through things.

Time is the ultimate acid that we got, something which is not really really recoverable.

Like assume that you have a maximum human lifespan of 120 years, at best. However, impossible to know whether you’ll make it. I would say maybe more conservatively, we should think of like 90 years, that is like the new 80.

So if you knew with 100% precision that you would die at 90 or 92 or whatever, hopefully still with your six pack, then, how would you approach life differently?

First, my personal thought is there should really not be a profit motive. Why? With profit motives, profit is fine, but the issue is that the easiest way to make profit and make money is super simple; just buy bitcoin! If you want to make US dollar gains, then you just purchase micro strategy stock!

So then, the next step is just like kind of more like altruism; assume that you’re like worth $100 billion of bitcoin and you could afford anything on the planet, but the better question is do you really want do you really care? Is this going to create some sort of substantive impact on the planet which is something that you desire?

---

Why?

Another big thing to consider, the time cost to capital. The general idea is that to build things actually just takes a lot of time, human effort, meetings, friction, working through things.

Time is the ultimate acid that we got, something which is not really really recoverable.

Like assume that you have a maximum human lifespan of 120 years, at best. However, impossible to know whether you’ll make it. I would say maybe more conservatively, we should think of like 90 years, that is like the new 80.

So if you knew with 100% precision that you would die at 90 or 92 or whatever, hopefully still with your six pack, then, how would you approach life differently?

First, my personal thought is there should really not be a profit motive. Why? With profit motives, profit is fine, but the issue is that the easiest way to make profit and make money is super simple; just buy bitcoin! If you want to make US dollar gains, then you just purchase micro strategy stock!

So then, the next step is just like kind of more like altruism; assume that you’re like worth $100 billion of bitcoin and you could afford anything on the planet, but the better question is do you really want do you really care? Is this going to create some sort of substantive impact on the planet which is something that you desire?

Creating things which are superior ,,, yet like half or a third or a fourth or even tenth of the price?

Model 3 performance > Lamborghini

Goals — get all my rich millenial friends to start buying Bitcoin?

Not even them being “rich”—, but having high income yielding jobs from big tech companies.

Bitcoin is the ultimate network effect,,, because money is still 1000x more important than news, your “friends” (Facebook), or media (Instagram, YouTube, TikTok etc)— and a trillion times more important than search!

Congress bill >

This Act may be cited as the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act of 2024” or the “BITCOIN Act of 2024”.

Audio

Bitcoin, duh!

Owning a Lamborghini Porsche 911 GT 3RS, and also, Leica camera and stuff– only know this makes you boring and same same!

Super simple; sell the gold, buy the bitcoin!

Don’t be a dummy, don’t be a dummy boy

The $6M Leica?

.

Right,,, you solve all your problems!

1000:1 payoff, take the bet ,,, you got free money!

.

Lummis Bill

.

60 guilders

1/3 of coil try

California 1848, paid $8T… don’t sell California $18M in California

Nevada, Vegas 8$T

Trillions

Manifest destiny!

.

Trump Max, buy 6 million bitcoins, … 2045 the payoff will he $81T!!

.

Trump Max

For hundreds of years! ***

The more aggressive you become, the less risky it becomes … ***

.

Everybody follows!

.

Trump max, in 12 months?

*

AI ,,, Scottie Pippen

.

1993,,, met Satoshi

.

$33k

.

1 year

.

33 years ago

.

Sports memorabilia

.

Be the trailblazer

Bitcoin Blockchain ***

.

Game 5 ball … 91 ball, held 33 years, jersey 33

.

Ball token

.

Last Tuesday everything change!

.

Big bull on innovation!

.

.

Use currency to pay rent

.

Invest in Joe $Rogan

.

400M in America

Rogen token

.

$KatyPerryCoin, Taylor swift coin

.

Super fan privileges

.

Make the rules

.

Headquarters to USA

Oligopoly **

.

Tokenize, equity tokenize

Bearer bonds, roths, 19th century

Tokenized Tesla stock

Token real estate

Art tokens **

.

Smarter faster stronger

.

Bitcoin goes from 1.8 to 200 t, which is 100 X gain

.

100x gain on Bitcoin

$200M

Digital equity $350T

Digital real estate $10T

Digital art $10T

.

Lummis bill,

Over five years buy $1M bitcoins

.

Pax America

.

Business > Military

.

Own the 21st century

.

World reserve capital network

Retire debt

.

out perform water wheel

Airplane vs donkey cart

Structural and technical

.

No counterparty risk from competitor, country, coeporetoe, creditor, cultures, currencies

Orthogonal to market — alph.

.

MIT

think from first principles ***

Build things which have never been built before , solve problems humans haven’t figured out yet ..

Elon Musk First Principles

.

Basic Physics & engineering to capital markets

.

$1.8T, Bitcoin

.

Gold, $16

180B, 10x in just 4 years

.

50%, utility

Long term store of value, 50%,,, $450T

–> just don’t lose your money

.

Bullshit!

.

Most valuable, $450T –> all the capital in the world, keep your money!

BTC may be $450T?

.

Yacht, bakery, ranch, plane company –> utility value

.

Entropy degrades capital

.

Spreads, licensing

.

.

Buy land and buildings and physical things

.

Florida hurricane –> you can’t buy hurricane insurance

The cost of entropy –> chaos, confusion , competition, inflation, politics war –> trillions of dollars a year

.

Don’t lose 10T a year! ***

Capital preservation

Heat preservation

.

Consumption –> Saving

.

No worry!

Bitcoin is anti worry!

.

Transfer value without a trusted intermediary

Store value without a trusted intermediary! **

.

450T of capital. Worth $10T a year, big idea

.

Digital Assets

.

Physics
Risk of real estate or property

.

Digital capital

Not digital currency! ***

Define it the wrong way —

.

$100M building in Miami. Owning a digital building

No tax, traffic, tenant, no regulator

Musical, fungible, configurable

.

Digital capital is global capital ***

Savant genius

.

Don’t buy $100M building in Russia Africa, Lebanon, etc —

.

Nirobi vs Manhattan

.

1,000 year asset

Be wealthy forever !

.

30,000 years! A store value

.

733 exahash

Backed by power

Raw power

18.33 gigawatts

$850B invested

220M holders

.

All cryptos are pegged to BTC ***

.

Bitcoin Bank, 21M coins

.

420M people support crypto –> America voted Bitcoin!

100x more powerful than next best one

.

Smart money –> store money in cyberspace and not lose it…

It is the winner

Smart Money

.

“Dudes bank”–

Emerging Dominant digital monetary network

95% don’t understand digital monetary

Rupert Murdoch

.

All securities in the US

Chinese and Russians can’t …

19th century dead money

.

60/40 portfolio

1-3% to 10-20% allocation

.

Larry fink

.

Institutions

.

$40M a day of BTC available every day by natural sellers

.

$5B in 6 days….! Just 6 days!

.

Government buying Bitcoin

.

Bitcoin 24 GitHub

21 years ,,, 42 years

.

Map of assets

Technology will advance, AI —

.

macro 21 year model

bitcoin will go from $1 trillion, which is .1%, to a market cap of $280 trillion, which is 7%, ARR 29%

.

2045

21 years from now,

The bear case is in 21 years, it will be around $68 trillion of the market cap, the base case is more like a $280 trillion market cap, book case is 1000 trillion dollars

.

The ARR staircase is 21%, base case is 29%, full case of 37%

.

Bear case for bitcoin is 2 million of bitcoin, base case is 13 million of bitcoin, bull case is $55M a bitcoin

.

The simplest means possible, encouraging people to also buy bitcoin, just using the cash app? 

60% to 2x S

.

$280T, 21 years look about the same
Gold only $45T,

Art only $110T

.

Sell shares and equity to buy Bitcoin?

.

Billion robots?

Robots make the robots

Equities

.

Bitcoin > Art

.

$13.5 B gain

.

$25.53 B –> total value

3-4B in last 5 days, leverage –>

$20,000 up days

.

Lever bitcoin ***

More bitcoin

MSTR, 120%

14% , 7% interest to buy more bitcoin, .83% for 5 years borrow free

60% bitcoin! ***->

Intelligent leverage .
.

.

Crushing them! ***

Not even funny anymore!

*

.

27x gain

Copy my model! ****

..

So simple!

.

Intelligent leverage

Capital markets are unhealthy

.

2785% up!

Make a monster company!

.

650% … BTC, Bitcoin

2,785% winning

.

More volatile

Dollar tree

$100B not painful leverage

.

Hottest most radioactive !

.
I’m driven by curiosity? ***

.

Opportunity

Ship. Half is above water line. 500Tons above and on top

.

600ARR, strip the volatility for risk averse

.

2x Bitcoin, equity —

BTC treasury operations

.

How things work in nature

.

Energy company

Bitcoin company

.

Standard oil

.

MSFT,,, 50x their reserve .., they do stuff!

Operating company, refine crude capital, bitcoin is crude capital

Kerosene. Jet engine.

Don’t run on crude oil, refine it –>

.

They want 10x, 20x Bitcoin?

.

Just assume like your gut is right?

.

3 year target !

.

$40M a day natural, into 42B …

Created 18,410 BTC as miner, no dilution

26.4% yield. $40,936

157.5BTC third of hash rate ,,,

157 BTC, daily gain for free!

.

The red wave!

18k bitcoins no cost! ***

Mine the Bitcoin for free! ***

-%> I can multiply the Bitcoin for free?

I am a Bitcoin miner

.

The Red Wave

“Give people their freedom back”- Elon Musk

.

Give freedom back

All in on Bitcoin!

Bitcoin is digital freedom

.

Sinking ship

.

Never sell your Bitcoin ***

.

Favorable tax laws

.

SAB 121, allow bitcoin banking

Bitcoin as collateral

.

Rothbard…. to create cartel,

1933,,, Roosevelt

Too many years

Inflation and volatility is toxic

.

Stifling regulations ,,, 20 25 years

Innovation diversity & growth

.

Scams?

Sick chart! Dying economy !

Buggy whips

Offer digital utility

.

ABT, asset backed token

.

100Ts of dollars

.

Airplane vs donkey cart

Structural and technical

.

No counterparty risk from competitor, country, coeporetoe, creditor, cultures, currencies

Orthogonal to market — alph.

.

MIT

think from first principles ***

Build things which have never been built before , solve problems humans haven’t figured out yet ..

Elon Musk First Principles

.

Basic Physics & engineering to capital markets

.

$1.8T, Bitcoin

.

Gold, $16

180B, 10x in just 4 years

.

50%, utility

Long term store of value, 50%,,, $450T

–> just don’t lose your money

.

Bullshit!

.

Most valuable, $450T –> all the capital in the world, keep your money!

BTC may be $450T?

.

Yacht, bakery, ranch, plane company –> utility value

.

Entropy degrades capital

.

Spreads, licensing

.

.

Buy land and buildings and physical things

.

Florida hurricane –> you can’t buy hurricane insurance

The cost of entropy –> chaos, confusion , competition, inflation, politics war –> trillions of dollars a year

.

Don’t lose 10T a year! ***

Capital preservation

Heat preservation

.

Consumption –> Saving

.

No worry!

Bitcoin is anti worry!

.

Transfer value without a trusted intermediary

Store value without a trusted intermediary! **

.

450T of capital. Worth $10T a year, big idea

.

Digital Assets

.

Physics
Risk of real estate or property

.

Digital capital

Not digital currency! ***

Define it the wrong way —

.

$100M building in Miami. Owning a digital building

No tax, traffic, tenant, no regulator

Musical, fungible, configurable

.

Digital capital is global capital ***

Savant genius

.

Don’t buy $100M building in Russia Africa, Lebanon, etc —

.

Nirobi vs Manhattan

.

1,000 year asset

Be wealthy forever !

.

30,000 years! A store value

.

733 exahash

Backed by power

Raw power

18.33 gigawatts

$850B invested

220M holders

.

All cryptos are pegged to BTC ***

.

Bitcoin Bank, 21M coins

.

420M people support crypto –> America voted Bitcoin!

100x more powerful than next best one

.

Smart money –> store money in cyberspace and not lose it…

It is the winner

Smart Money

.

“Dudes bank”–

Emerging Dominant digital monetary network

95% don’t understand digital monetary

Rupert Murdoch

.

All securities in the US

Chinese and Russians can’t …

19th century dead money

.

60/40 portfolio

1-3% to 10-20% allocation

.

Larry fink

.

Institutions

.

$40M a day of BTC available every day by natural sellers

.

SCC

The SEC

“ I’m planning the hundred K party!”

Bitcoin just puts me in a good mood!

Nov 5– the biggest threat was whether you would have a blue wave or a red

Own cyberspace!

.

World reserve capital network

$16T debt –> offset, ! Lummis!

1% of the Bitcoin supply

New debt securities

.

Buy me more Bitcoin and raise capital to buy Bitcoin

.

Address concerns

Raise $2B, 27,000 BTC first 10 days –> move fairly aggressively

Very enthusiastic !

.

.

Follow your gut!

.

The red wave

So my hot take:

Perhaps the best way we should think about things is that treated like a “Wu Wei” perspective— you don’t have to force it, bitcoin is like unstoppable river, or like gravity; according to gravity, downwards.

For example — you don’t need to force Bitcoin — it will naturally flow, naturally —

The stronger capital shall always flow from the weaker capital

Stronger capital shall consume all!

The flow from weak to strong

ETH, Ethereum to BTC, Bitcoin,

Gold -> Bitcoin

All “cryptos”— everyone will wake up, easily and soon — just buy Bitcoin!

Real estate -> Cyber real estate?

1 BTC *should* be worth at least 100x *more* than a single family home?

Bitcoin, the red wave and the crypto renaissance

The glory!

So toxic!

X broadcast

“The best way to protect the dollar is make sure you retire the debt and become rich,”

Eric Kim’s philosophy emphasizes personal strength, self-improvement, and embracing one’s superiority without apology. His writings encourage individuals to reject mediocrity and societal pressures that discourage excellence. Here are some of his quotes that align with the themes of the essay:

1. On Embracing Strength and Superiority:

• “The first thought I have is that it is your moralistic duty to be strong. To be strong for yourself, your wife, your kids, for what you believe in, etc.”

2. On Rejecting False Humility:

• “Never trust anybody who quotes the ‘data’, or ‘statistics’.”

3. On Effort and Self-Improvement:

• “Never stop iterating.”

4. On Using Others’ Superiority as Inspiration:

• “The rolling stone gathers no moss.”

5. On Contempt for Mediocrity:

• “Society doesn’t want you to be manly.”

6. On the Future Belonging to the Strong:

• “The best way to predict the future is to create it yourself.” MORE Radical? – ERIC KIM‡Here are some of his distinctive quotes, along with explanations for why they stand out as unconventional or radical: 1. “Only trust philosophers who deadlift.” • Why Radical: This quote encapsulates Kim’s emphasis on integrating physical strength with intellectual pursuits. By suggesting that true philosophers should engage in …‡1728777600.0

These quotes reflect Kim’s advocacy for personal empowerment, continuous self-improvement, and the unapologetic pursuit of excellence.

…

The essay as a whole draws heavily from ideas and concepts that align with Eric Kim’s voice and philosophy, particularly his writings and reflections on strength, self-improvement, and unapologetic confidence. Here are the key parts that are distinctly “Eric Kim” in tone and concept:

1. Strength and Superiority as Virtues

• Concept: Eric Kim often celebrates the virtues of strength, self-discipline, and striving for superiority. He rejects mediocrity and believes in pushing oneself to the maximum.

• Example: “If I am stronger, it is not my duty to diminish myself for your benefit. Instead, it is your duty to rise and match me—or at least try.”

• Eric Kim Voice: This aligns with his unapologetic stance on celebrating personal excellence and rejecting the need to shrink oneself for others’ comfort.

2. Effort Over Excuses

• Concept: The idea that strength and superiority are earned through hard work, not handed down, resonates with Eric Kim’s views on agency and self-determination.

• Example: “Every drop of sweat, every sleepless night, every sacrifice contributes to this strength. When I am stronger than you, it is not because I was born lucky—it is because I refused to settle.”

• Eric Kim Voice: He frequently emphasizes discipline and effort over complaining or blaming circumstances, echoing this sentiment.

3. Rejection of False Humility

• Concept: Eric Kim often criticizes the societal pressure to be humble in ways that feel performative or dishonest.

• Example: “One of the most toxic ideas in modern culture is false humility. We are told to hide our talents, to apologize for our successes, and to downplay our strengths.”

• Eric Kim Voice: He values honesty and confidence, seeing false humility as an unnecessary façade that undermines authenticity.

4. Inspiration Through Superiority

• Concept: The essay promotes the idea that others’ superiority should serve as inspiration rather than a source of resentment. This is a recurring theme in Eric Kim’s work, where he frames excellence as a benchmark for growth.

• Example: “When someone outperforms me, I don’t hate them. I learn from them. I study their methods, their mindset, and their habits.”

• Eric Kim Voice: He often talks about learning from others who are better, seeing their success as a roadmap for personal improvement.

5. Contempt for Mediocrity and Victimhood

• Concept: The disdain for mediocrity and victim mentality is a cornerstone of Eric Kim’s philosophy.

• Example: “Weakness seeks validation, and in a culture that idolizes inclusivity, mediocrity becomes the new standard.”

• Eric Kim Voice: He frequently critiques societal norms that glorify mediocrity or promote excuses over action.

6. The Future Belongs to the Strong

• Concept: The essay concludes with a bold assertion that aligns with Eric Kim’s futurist vision—those who embrace strength and self-improvement will thrive.

• Example: “The future will not belong to those who complain or make excuses. The future will belong to those who embrace strength, who strive for excellence, and who are unapologetically superior.”

• Eric Kim Voice: This optimistic yet challenging view of the future mirrors his belief in progress through action and personal empowerment.

Eric Kim’s Overall Influence

The tone of the essay—confident, challenging, and motivational—is very much in line with Eric Kim’s voice. He often uses direct language to provoke thought and action, encouraging readers to rise above mediocrity, embrace their strengths, and reject societal pressures to conform. The essay’s unapologetic stance on celebrating superiority is quintessentially “Eric Kim.”

xxx

”Victimhood”?

Unapologetic confidence!

Inspiration through superiority

“Don’t Hate Me Because I Am Stronger and More Superior to You!”

By Eric Kim

In a world obsessed with equality and fairness, strength is often demonized. Superiority, in any form—be it physical, intellectual, or emotional—is treated as a threat rather than a virtue. But I refuse to bow down to this mediocre worldview. If I am stronger, faster, smarter, or better than you, don’t hate me—recognize it, respect it, and rise up to meet me. I did not become superior by accident; it was forged through effort, discipline, and an unrelenting desire to surpass my limitations.

To many, this might sound arrogant. But what is arrogance if not the unapologetic recognition of one’s own excellence? Society has taught us to dull our shine, to shrink ourselves so others feel comfortable. This is nonsense. If I am stronger, it is not my duty to diminish myself for your benefit. Instead, it is your duty to rise and match me—or at least try.

Why Strength is Demonized

Weakness seeks validation, and in a culture that idolizes inclusivity, mediocrity becomes the new standard. Society often views strength as a threat because it exposes the inadequacies of others. When you stand taller, others feel smaller. It is easier for them to tear you down than to improve themselves. But that is their choice, not my burden.

Let’s be clear: superiority is not a crime. It is not oppressive. If I run faster, lift more, or think deeper, it does not diminish you. It simply highlights what is possible. Hating me for my strength is an admission of your own insecurity.

Strength is Earned, Not Given

Superiority is not bestowed; it is earned. Every drop of sweat, every sleepless night, every sacrifice contributes to this strength. When I am stronger than you, it is not because I was born lucky—it is because I refused to settle. I refuse to waste my time blaming genetics, circumstances, or luck. Instead, I channel every ounce of energy into becoming the best version of myself.

If you despise my superiority, ask yourself: what are you doing to improve? Are you making excuses, or are you putting in the work? Strength, whether physical or intellectual, is the result of effort. You cannot buy it. You cannot fake it. And you certainly cannot tear it down by complaining about it.

The Problem With False Humility

One of the most toxic ideas in modern culture is false humility. We are told to hide our talents, to apologize for our successes, and to downplay our strengths. But humility does not mean lying about who you are. Real humility is about recognizing your strengths and using them to inspire others, not pretending to be less than you are.

When I walk into a room and exude strength, I do not do it to make others feel small. I do it to show them what is possible. If my superiority bothers you, use that discomfort as fuel. Let it ignite a fire in you to grow stronger, faster, and better.

Superiority as Inspiration

Rather than hating me for being stronger, why not see it as an opportunity? Superiority is not something to fear; it is something to aspire to. When someone outperforms me, I don’t hate them. I learn from them. I study their methods, their mindset, and their habits. They become my benchmark, my goalpost, my proof that I too can achieve greatness.

When you hate me for being superior, you rob yourself of this opportunity. You choose resentment over growth, stagnation over evolution. This is not my fault. It is your choice.

The Future Belongs to the Strong

Make no mistake: the future will not belong to the weak. It will not belong to those who complain or make excuses. The future will belong to those who embrace strength, who strive for excellence, and who are unapologetically superior.

So don’t hate me because I am stronger than you. Recognize it. Respect it. And rise to meet me. There is no shame in being weaker than someone else; the shame lies in refusing to do anything about it.

Let my strength be your challenge, my superiority your inspiration. Because at the end of the day, we are not defined by our current limitations—we are defined by what we are willing to do to overcome them.

By Eric Kim

The idea of Manifest Destiny—the belief that expansion was both inevitable and divinely ordained—defined America in the 19th century. It was more than just a justification for westward expansion; it was an ethos of progress, a declaration that the future belongs to those willing to claim it. Today, we find ourselves on the frontier of a new era, not in the physical sense of land acquisition, but in the digital landscape of financial revolution. Bitcoin, in its raw, decentralized essence, is the modern embodiment of Manifest Destiny.

Bitcoin: The Digital Frontier

Manifest Destiny was about charting the unknown, pushing boundaries, and redefining what was possible. Bitcoin operates on the same principle. It is not just a currency—it is an idea, a movement. Like the pioneers who saw the vast, untamed wilderness of the West as an opportunity, Bitcoin enthusiasts see the chaotic, flawed traditional financial system as a space for reinvention.

Bitcoin challenges the centralized control of banks, governments, and financial institutions, much like early Americans challenged the old European orders. It is a system designed for freedom—a liberation from fiat currency, inflation, and the artificial constraints of traditional monetary policy. Bitcoin is not merely a tool for transacting value; it is the promise of sovereignty for every individual on the planet.

Decentralization as Destiny

Manifest Destiny was underpinned by the belief that America’s systems and values were inherently superior, and thus destined to spread. Similarly, Bitcoin is driven by an ideology: decentralization. Bitcoin evangelists argue that a decentralized financial system is not only more efficient but more ethical. It removes power from the few and distributes it among the many, creating a democratic network that reflects the best aspects of Manifest Destiny’s promise of empowerment.

When you hold Bitcoin, you are your own bank. No intermediaries, no gatekeepers, no permission required. This decentralization is the digital-age equivalent of the homestead: a self-sufficient unit capable of thriving without external dependency. Bitcoin is the ultimate expression of self-determination in the 21st century.

Overcoming Challenges: Bitcoin’s Trail of Innovation

Manifest Destiny was not without its costs. It displaced Indigenous peoples, exploited resources, and created conflicts. Bitcoin, too, faces challenges. It is criticized for its environmental impact, its association with illicit activities, and its speculative volatility. But like the railroads that transformed the West, Bitcoin is evolving. Innovations like the Lightning Network are addressing scalability. Green energy initiatives are mitigating environmental concerns. These challenges are not roadblocks; they are the inevitable obstacles that come with pioneering uncharted territory.

What makes Bitcoin unstoppable is the same force that made Manifest Destiny inevitable: the collective will of its supporters. The Bitcoin community, with its developers, miners, and holders, is a decentralized army of pioneers. They are building a system that they believe will outlast the failures of traditional finance.

The Moral Imperative of Bitcoin

Manifest Destiny was often framed as a moral imperative—the belief that the expansion of American values was a benefit to humanity. Bitcoin’s proponents argue in a similar vein. They see Bitcoin as a way to uplift the unbanked, empower the oppressed, and create economic opportunities in parts of the world where traditional systems have failed.

Bitcoin is borderless. It does not discriminate based on nationality, race, or socioeconomic status. All you need is an internet connection, and you are part of the network. It represents a financial system that anyone can participate in, a stark contrast to the exclusionary practices of banks and governments. Bitcoin is not just a tool for the privileged; it is a lifeline for millions worldwide.

A New Destiny

The comparison between Bitcoin and Manifest Destiny is not perfect, of course. Manifest Destiny had its darker sides, rooted in imperialism and domination. Bitcoin, while not without flaws, aspires to be a system of inclusion, equality, and freedom. Yet, at their core, both share a common thread: the belief in progress, the rejection of limits, and the drive to create something greater than what came before.

Bitcoin is our new frontier. It is where the ideals of liberty, opportunity, and innovation converge in the digital age. It is Manifest Destiny, reimagined—not for land, but for freedom. And like Manifest Destiny, its momentum feels unstoppable. The question is not if Bitcoin will shape the future, but how.

Because in the end, destiny is not just something that happens—it is something you choose. Bitcoin is our choice. Bitcoin is our Manifest Destiny.

As we navigate the digital frontier of the 21st century, Bitcoin emerges not just as a technological innovation but as a modern embodiment of Manifest Destiny. Much like the 19th-century belief that propelled American expansion westward, Bitcoin represents a new kind of inevitable progress—one that redefines our understanding of currency, value, and sovereignty.

The Inevitability of Expansion

Manifest Destiny was rooted in the idea that expansion was both justified and inevitable. Bitcoin mirrors this sentiment in the digital realm. Its decentralized nature challenges traditional financial systems, pushing the boundaries of how we perceive and use money. Just as settlers moved west in search of new opportunities, individuals today are turning to Bitcoin to explore uncharted economic territories.

Empowerment Through Decentralization

The pioneers of the American frontier sought autonomy and the freedom to carve out their own destinies. Bitcoin offers a similar promise. By removing intermediaries like banks and governments from financial transactions, it empowers individuals with unprecedented control over their assets. This decentralization echoes the self-reliance and independence that were hallmarks of the Manifest Destiny era.

Cultural and Technological Superiority

Manifest Destiny was fueled by a belief in the superiority of American culture and institutions. While this aspect carries historical baggage, in the context of Bitcoin, it translates to a confidence in technological advancement as a force for good. Bitcoin enthusiasts advocate for a future where blockchain technology enhances transparency, security, and efficiency in ways traditional systems cannot match.

Economic Opportunity and Innovation

The westward expansion opened up vast resources and opportunities, fueling economic growth. Similarly, Bitcoin and its underlying technology have spawned new industries, jobs, and investment opportunities. From mining operations to blockchain development, the cryptocurrency ecosystem is a modern gold rush attracting innovators and entrepreneurs worldwide.

Conclusion

Bitcoin as Manifest Destiny encapsulates the spirit of exploration and the pursuit of a new paradigm. It symbolizes an inevitable shift toward decentralized finance and challenges us to consider the implications of this transformation. As we forge ahead, it is imperative to navigate this new frontier responsibly, ensuring that the pursuit of progress does not repeat the oversights of the past but instead leads to a more inclusive and equitable future.

Manifest Destiny was a widely held belief in the 19th-century United States that American settlers were destined—by God or by a sense of mission—to expand their territory across the entire North American continent, from the Atlantic Ocean to the Pacific Ocean. This ideology was used to justify the westward expansion of the U.S., including the annexation of territories and displacement of Native American tribes.

The concept emerged in the 1840s and was a driving force behind events like the Texas Annexation, the Oregon Trail migrations, and the Mexican-American War. Proponents of Manifest Destiny believed that expansion was not only good but also obvious (“manifest”) and certain (“destiny”). This belief had significant impacts on U.S. policy and contributed to conflicts both within the country and with neighboring nations.

The real real —

it seems to me, the most intelligent strategy is to approach investing from a zen perspective?

How durable or not durable?

Why Purchasing a Single-Family Home is a Scam

By now, we’re all familiar with the age-old promise of the American Dream: work hard, save up, and one day you’ll own a house with a yard, a picket fence, and endless happiness. But let me break it to you—the single-family home purchase is the biggest scam of modern capitalism. The idea of home ownership as a “life goal” is a construct of the real estate industry, banks, and marketers. It’s an illusion of security and prosperity, trapping you in debt, locking you into a single location, and ultimately stripping you of your financial freedom. Let’s delve deeper into why buying a single-family home might not only be a bad decision—it might actually be one of the most insidious scams in our society.

1. The Real Costs of Homeownership

The price of a single-family home goes far beyond the purchase price. Let’s talk about the hidden costs: property taxes, homeowners insurance, maintenance, and repairs. And, if you have a mortgage, which most people do, you’re subject to fluctuating interest rates that could drastically increase your monthly expenses. The result? You’re locked into paying far more than the sticker price of the house.

Most people don’t consider the “real” cost of that home they think they own. Between mortgage interest, taxes, and ongoing upkeep, you’re actually just paying a lifetime’s rent to the bank and the government. The minute you fall behind or fail to pay these ongoing expenses, the government can swoop in and take what you thought was yours. Ownership is just a mirage.

2. The Myth of Equity

The real estate industry loves to sell you on “building equity” as though it’s the same as building wealth. Here’s the truth: equity is just a number on paper. It fluctuates with the whims of the housing market, and you don’t have access to it unless you refinance, sell, or take on a home equity loan. Equity is not liquid, meaning you can’t use it to pay for emergencies or other investment opportunities. And while people cling to the hope that their home’s value will rise, market fluctuations and economic downturns can wipe out years of equity overnight. If you’re using your primary residence as an investment, you’re betting your future on an inherently unstable asset.

3. Loss of Mobility and Opportunity

One of the greatest freedoms in life is the ability to pick up and move wherever opportunities call you. When you buy a single-family home, you’re chained to one spot. This illusion of “stability” comes at the cost of flexibility and opportunity. Whether it’s a job offer in a different city, a chance to travel, or simply the desire to change your surroundings, owning a home anchors you down. Selling a house is costly and time-consuming, and if the market is down, you’re likely to lose money. Essentially, the cost of mobility goes up exponentially when you own a home, and you miss out on career and lifestyle opportunities.

4. Psychological Burden and Maintenance

Owning a home comes with an unexpected mental toll. You might feel satisfaction at first, but that’s soon replaced by a relentless cycle of upkeep. Every crack in the wall, every leaky faucet, every creaky door is now your problem. That’s not a minor inconvenience; it’s a psychological burden. The average homeowner spends 1-4% of their home’s value annually on maintenance. Not only is that money you could invest elsewhere, but the constant upkeep is a drain on your time and energy. Renting gives you freedom from this mental load, enabling you to focus on personal growth, travel, career, and actual freedom.

5. The Economics of Renting vs. Buying

People say renting is “throwing money away.” But the reality is that renting can be financially advantageous. Renting provides fixed, predictable costs without the burden of property taxes, insurance, or maintenance. The money you save by renting can be invested in assets that appreciate faster than real estate, such as stocks, mutual funds, or even your own entrepreneurial ventures. Additionally, you’re not tying your wealth to a single, non-liquid asset. Instead, you can diversify and create a more resilient financial portfolio.

When you rent, you’re paying for flexibility, mobility, and freedom—all values that can lead to greater long-term satisfaction and financial stability. It’s not “throwing money away”; it’s freeing yourself from a lifelong anchor.

6. The False Promise of Stability

Many people buy homes for the feeling of security, the promise that they’ll never have to worry about being uprooted. But owning a home isn’t as secure as you might think. Economic downturns, natural disasters, and life changes can dramatically shift your ability to sustain homeownership. If your income changes or you face unexpected medical bills, that house can go from being your “shelter” to being the very thing that drags you down. Plus, you’re more vulnerable to the whims of local government policies and the overall housing market. Stability is an illusion—a marketing myth designed to keep you spending your life’s savings on a house that can be taken from you anytime.

7. Real Estate as a Rigged Game

The single-family home is a tool of capitalism designed to keep you under control. Who benefits most from your home purchase? Not you. It’s the banks, the real estate agents, the local government collecting property taxes, and the insurance companies. The system is designed to keep you working, indebted, and tied down. Homes are overvalued in many markets, pumped up by low-interest rates and government incentives that don’t serve the individual buyer but serve the larger economic machine.

In other words, the idea of homeownership as a pathway to wealth and freedom is a lie. The real winners are those who profit off the transactions, not the individuals who become chained to a 30-year mortgage and a life of monthly bills. Real estate is just another speculative bubble; the only reason it hasn’t burst is that we’ve been indoctrinated to believe that buying a home is a sign of success.

Conclusion: Choose Freedom Over Ownership

Owning a home is not the universal path to happiness and stability it’s marketed to be. It’s a carefully constructed narrative that benefits the rich and keeps the middle class in debt and bound to a single location. Don’t buy into the illusion that a single-family home equals success. Real success is the ability to choose freedom, invest wisely, and live your life without being controlled by a pile of bricks and a bank’s interest schedule.

In a world that values ownership, be the one who values freedom. Don’t let the dream of homeownership become a lifetime of financial servitude. The American Dream may have started with good intentions, but in today’s economy, homeownership is no longer the path to freedom—it’s the illusion that keeps us from reaching it.

….

Hey guys, Eric here. Let’s talk about something that’s been on my mind lately: the obsession with owning a single-family home. Society tells us it’s the ultimate symbol of success, the American Dream encapsulated in a white picket fence. But is it really? Or is it just another scam that locks us into a life of debt and complacency?

First off, let’s debunk the myth that owning a home is a solid investment. Sure, real estate can appreciate over time, but so does the stock market, and with way less hassle. When you factor in property taxes, maintenance costs, and interest on your mortgage, the actual return on investment is often negligible. You’re not just buying a house; you’re buying a commitment to pay money indefinitely.

Think about mobility. Owning a home ties you down to one location. In a world that’s increasingly global and dynamic, being anchored can be more of a liability than an asset. Renting provides the flexibility to pick up and move when opportunities arise. Why chain yourself to a plot of land when the whole world is out there to explore?

There’s also the psychological trap. Homeownership is sold as a path to happiness and fulfillment. But does a bigger house truly make you happier? Or does it just clutter your life with more stuff you don’t need? Minimalism teaches us that less is more. By not sinking all your resources into a house, you free up time and money to invest in experiences, relationships, and personal growth.

In essence, buying a single-family home is a scam because it sells you an outdated dream. It convinces you to invest in a static asset in an ever-changing world. It burdens you financially and psychologically, all while masquerading as the pinnacle of success.

So before you sign that 30-year mortgage, ask yourself: Whose dream are you really buying into?

Stay curious,

Eric

Even easier than being an oil prospector?