Eric Kim – a photographer and blogger known for his contrarian lifestyle ideas – is a vocal proponent of a 100% carnivore diet, meaning he eats exclusively animal-derived foods (primarily red meat and organ meats) while avoiding virtually all plant foods. Kim has integrated this meat-only diet with intermittent fasting, typically eating one large meal per day, and he frames it as part of a broader personal philosophy of health, productivity, and self-discipline . Below is a comprehensive look at Kim’s carnivore diet principles, his rationale and motivations, the public statements he’s made about it, and how he compares it to other dietary approaches.

Core Tenets of Kim’s Carnivore Diet

A thick steak seasoned with herbs – a typical example of the meat-centric meals in the carnivore diet.

• All-Meat Intake: Kim’s diet is composed entirely of animal products, especially fatty red meats and organ meats like beef liver, heart, and ribs . He eliminates all vegetables, fruits, grains, and sugars, famously quipping that “plants are for cows,” not for humans . Even relatively lean or traditionally healthy foods such as fish, chicken, or nuts are deemed unnecessary in his view – he considers true “meat” to be the fatty portions of ruminant animals, rich in cholesterol and nutrients . Eggs and high-fat cuts of pork (e.g. pork belly or ribs) are included, and he sometimes adds fermented condiments like kimchi or herbs, not for their own nutritional value but to help digest large quantities of meat (the sour/bitter flavors cut the richness) .
• Organ Meats and Fat as “Apex Nutrition”: A cornerstone of Kim’s approach is consuming organ meats and high-fat animal foods for maximum nutrition. He argues that organ meats are nutrient powerhouses crucial to his diet. For example, Kim calls beef liver a “natural steroid” because of its extremely high cholesterol content – believing that more dietary cholesterol directly boosts testosterone and vitality . He routinely eats beef liver, heart, bone marrow, and even intestine or neck-bones, touting them as the foods that let him “extract the maximum amount of power and nutrition” from his diet . In his words, meat (especially organ meat) is the “apex nutrition” for achieving superior strength, energy, and even mental clarity .
• Intermittent Fasting (One Meal a Day): Kim pairs carnivore eating with an intermittent fasting regimen. He skips breakfast and lunch entirely, consuming just one enormous meat-heavy meal in the evening . This one-meal-a-day (OMAD) schedule, he says, has been easy and sustainable for him – he claims to have eaten this way for 5+ years without hunger issues . Fasting during the day not only frees up time and focus, in his view, but also keeps his body in a fat-burning state. He notes that eating only once daily (often after a day of physical training) makes that meal immensely satisfying: “Breaking your fast when you are insanely hungry is like an orgasm… The food tastes 10000000x better than if you are eating all the time!” he wrote, describing how fasting amplifies the pleasure of eating . Kim also credits this routine with helping maintain low body fat and stable energy levels, as his body fuels itself on fats in the absence of constant meals .
• No Carbohydrates or Supplements: In line with carnivore principles, Kim’s diet has virtually zero carbs. He deliberately avoids all sugars and starches and even forgoes plant-based “keto” staples like avocados or almonds (calling avocados “actually quite sweet” and nuts too starchy) . He takes no protein shakes or workout supplements either – only real meat. After experimenting with conventional bodybuilding nutrition earlier in life, he concluded that he could gain muscle “just fine” with no carbs or protein powder at all . In his experience, eating a surplus of fatty meat provides enough protein and calories for strength training. Kim even abstains from common stimulants or enhancers beyond caffeine: he drinks black coffee but avoids pre-workout supplements, creatine, or any performance-enhancing drugs, aligning with his ideal of “natural strength” built on diet and discipline .

Kim’s Motivation and Rationale

Peak Physical Performance: A driving motive behind Kim’s carnivore diet is maximizing strength and testosterone naturally. He explicitly equates eating meat with a natural anabolic boost, stating that “Meat is a steroid… The more you eat meat, the more you increase your testosterone.” . By prioritizing cholesterol-rich animal fat and protein, Kim believes he’s giving his body the raw materials for hormone production and muscle-building. He often highlights his personal results as evidence: for instance, Kim reports that on this diet he has deadlifted over 500 lbs easily in a fasted state, and put on significant muscle mass – all while consuming no carbs at all . He rejects the common notion that athletes “must” eat carbohydrates for energy or bulking, pointing to himself as proof that strength can be built on an all-meat, ketogenic fuel source . In his view, “the more meat you eat, the stronger you will become,” and he notes that almost all top bodybuilders (aside from their steroid use) have traditionally been heavy meat-eaters . Thus, he sees carnivore nutrition as giving an “additional edge” for reaching peak levels of physiological fitness .

Health, Energy, and Vitality: Kim portrays his carnivore lifestyle as a path not just to strength but to overall health and vitality. He frequently counters skeptics by asserting that he feels better than ever eating this way. For example, he writes that his digestion is excellent on an all-meat regimen, calling the supposed need for fiber overrated . Despite consuming zero fiber, he reports no gastrointestinal issues. Likewise, he says his daily energy levels are high and steady, even with only one meal per day, and that intermittent fasting on meat has been “easy” for him in the long term . Kim argues that humans are fully capable of thriving without plant foods: “You will not die by eating only meat,” he insists, addressing the common concern that an all-meat diet lacks essential nutrients . In his writings, he acknowledges that technically a person “won’t die” on various diets (even a strict vegan diet), but he then asks: is the goal merely to not die, or to thrive? . For Kim, the answer is to thrive, and he believes a carnivorous diet enables a level of robust health, strength, and metabolic efficiency that plant-inclusive diets do not. He credits the diet with helping him reduce body fat and increase muscle, “giving me more energy and power” than any other way of eating he’s tried .

Mental Clarity and Productivity: Interestingly, Kim links his diet to mental performance and creativity as well. He refers to meat as the fuel for an “epic” mind. “By consuming more meat (which I consider the apex nutrition), then can we think more epic thoughts, create more beautiful artworks, and become more epic!” he posits . This belief is part of his broader argument that physical supremacy through diet also yields mental benefits – sharper focus, higher drive, and creative inspiration. Kim finds that training and working in a fasted state (powered by fat from yesterday’s meat) makes him more productive and mentally acute during the day . Hunger, he argues, can be a motivator (“like a lion hunting for its meal”), and then eating a huge evening steak feast provides a rewarding dopamine hit that leaves him deeply satisfied and ready for rest . He even suggests that if one eats a meat-rich diet, one’s mind will be clearer and capable of more profound thoughts than if one were sluggish from a carb-heavy or plant-based diet. Essentially, Kim views his carnivore diet as brain fuel for entrepreneurial and creative endeavors, not just fuel for muscles . This ties into the next aspect of his philosophy – the lifestyle and philosophical principles behind his dietary choice.

Philosophical and Lifestyle Foundations

Kim’s advocacy of a 100% carnivore diet goes beyond nutrition – it’s intertwined with his personal philosophy about nature, freedom, and self-mastery:

• “Apex Predator” Mindset: Kim often invokes evolutionary and ancestral logic to justify meat-exclusive eating. He argues that humans evolved to be opportunistic carnivores/omnivores, and that eating abundant meat is in line with our natural design for survival and dominance . In his view, Homo sapiens didn’t evolve to subsist on salads; rather, our ancestors thrived by hunting animals and consuming nutrient-dense meat and fat whenever possible. He even notes that in many traditional societies, fatty meat is culturally valued, whereas lean meats or plant foods are secondary . This evolutionary perspective leads him to reject the idea that there is anything “unnatural” about an all-meat diet. We can survive on many diets, he concedes, but to reach our peak potential – “to reach another peak level of physiological fitness” and capability – he believes eating like a apex predator (high on the food chain) is optimal . Ultimately, Kim calls meat-eating “the fundamental part of human dietary evolution” and views meat as “the apex nutrition” that can fuel not only physical strength but human advancement in general .
• Personal Freedom and Anti-Conformity: A recurring theme in Kim’s writing is dietary freedom – the right to eat meat unapologetically despite social pressures. He has openly railed against what he labels an “anti-meat bias” in modern society . In a 2020 podcast titled “The Anti-Meat Conspiracy,” Kim argued that contemporary culture unfairly demonizes carnivores: “One of the worst ills in modern society is this vehement anti-meat bias,” he wrote, noting that if you proudly declare “I love to eat meat!” in polite company, people look at you as if you’re a monster “killing the planet” . He perceives a trend where being vegetarian or vegan is seen as morally superior, and he pointedly rejects that moral framing. Kim encourages meat-eaters not to feel guilt or shame. “If people want to eat meat, they should be allowed to eat meat in unlimited quantities, without being judged by others for doing so,” he insists . This stance is part of his broader contrarian ethos – he often warns against blindly following popular “food dogma” or health trends, urging individuals to question mainstream nutritional advice and think for themselves . Kim applies this skepticism to all sides: he suggests people be critical even of his own claims, but he shares his perspective because it has genuinely worked for him . In essence, his carnivore philosophy doubles as a statement of individual autonomy: an assertion that one should have the liberty to follow an unconventional diet that feels optimal, regardless of societal norms.
• Stoicism, Discipline, and Strength: Kim’s diet is one facet of a larger stoic lifestyle he promotes, emphasizing discipline, resilience, and harnessing primal instincts. He speaks of treating his body “as a work of art” and exercising self-mastery in all aspects – diet, exercise, and even mindset . Eating only meat and fasting requires a certain mental toughness, and Kim embraces that. He frequently references Spartan or “warrior” metaphors: for example, training fasted and abstaining from indulgences as a way to toughen the mind and body. He sees challenges (like intense hunger or tough workouts) as opportunities to strengthen his willpower . This philosophy extends to rejecting modern comforts or vices – Kim doesn’t drink alcohol or soft drinks, avoids junk food, and even shuns things like sugary condiments (not just for health, but as a practice of discipline). The carnivore diet, being very minimalistic and stringent by conventional standards, aligns with his stoic approach: it’s simple (just meat), it’s demanding (no snacks or treats), and it yields what he views as pure, natural strength. Kim proudly notes that he achieves his muscular physique “all natty” (all natural) without steroids or even protein supplements, attributing it to hard training and meat alone . In summary, eating 100% carnivore for Kim is as much a lifestyle choice about strength and character as it is a nutritional strategy.
• Ethics and “Human-Centered” Morality: On the ethical front, Kim takes a clear stance that human well-being takes precedence over animal life. He does not subscribe to the idea that killing animals for food is immoral in the context of human benefit. In a blunt phrasing, he stated: “No matter what, a human life will ALWAYS be infinitely superior to an animal life of any kind.” . He even posed the rhetorical question, “Should we treat animals equivalently to humans?” and answered it with “I say no” . While he doesn’t advocate cruelty, he fundamentally disagrees with vegan ethical arguments that put animal life on the same moral plane as humans. Kim also expresses skepticism toward the environmental arguments against meat. He suspects that influential figures (he calls out people like Bill Gates and James Cameron) promote plant-based diets or alternative proteins for ulterior motives, what he dubs a “hidden” agenda or “virtue signaling” that might mask profit incentives (for example, investments in pea protein or farmland) . In his “Anti-Meat Conspiracy” essay, he implies that the push to reduce meat consumption is a propaganda that could actually harm public health by denying people optimal nutrition . He goes so far as to label the growing popularity of veganism as a “public health issue” if it leads to malnourishment in children raised without animal foods . This controversial stance underlines that, for Kim, the benefits of meat are non-negotiable – ethical or environmental qualms should not override what he perceives as better health for humans. (He often points out that virtually all human activities have some environmental cost, and eating meat is just one of many things people do in the course of living on the planet .)

Public Statements and Content on Carnivore Diet

Eric Kim has been extremely open about his carnivore diet in his online platforms, often sharing personal anecdotes, experiments, and bold statements to spread his philosophy:

• Blog Articles: Kim’s primary outlet is his blog (previously on erickimphotography.com and also on erickim.com), where he has published numerous posts about meat eating. Some of his article titles are provocative and encapsulate his stance, such as “Why I Eat Meat,” “Meat is King,” “Eating Meat Doesn’t Make You Fat,” and “The More Meat You Eat, the Stronger You Will Become.” . In an August 2022 post simply titled “100% Carnivore Diet,” Kim recounted his personal experience and conclusions from embracing all-meat eating. He noted point by point that his digestion was fine without fiber, his energy was excellent with one meat meal a day, and that he’d been able to gain muscle and lift heavy weights for years with zero carbs . He even began that post by debunking a common fear: he asked rhetorically “But will you die of a heart attack?” on a meat diet, implying that he believes the answer is no (though the post didn’t elaborate much under that heading) . Across his writings, Kim keeps returning to the theme that eating only meat is not harmful – a message to encourage readers to not fear saturated fat or cholesterol. For instance, one blog entry flatly assures readers: “You will not die by eating only meat.” .
• Podcasts and Videos: Kim has also discussed his carnivore philosophy in audio and video formats. He hosted a podcast episode titled “The Anti-Meat Conspiracy” (August 25, 2020) in which he spoke for ~10 minutes about society’s bias against meat and why he believes that bias is misplaced . In that podcast (and its corresponding blog notes), he “praised meat” as a crucial part of human diet and vented about how proclaiming one’s love of meat has become socially taboo . Additionally, Kim shares casual videos; for example, a YouTube video called “100% Carnivore Diet – All Natty Flex” (October 2023) shows him shirtless and muscular in his kitchen, presumably to demonstrate the physical results of his diet and training (the blog page for this video is filled with photos of his physique and plates of meat) . Through such content, he often uses himself as an example to inspire or challenge others – essentially saying, “This is what’s possible with an all-meat diet and no steroids.” Kim’s online presence also blends other interests (like photography, philosophy, and Bitcoin) with his diet advice, but he consistently returns to carnivore eating as a foundation for his lifestyle.
• Notable Quotes: Throughout Kim’s articles and posts, a number of catchphrases or recurring claims sum up his carnivore philosophy. A few examples in his own words:
  
  • “Plants are for cows.” – Emphasizing that humans don’t need to eat grass or leaves, and that we should let herbivorous animals turn plants into meat for us .
  • “Meat is the apex nutrition.” – Suggesting that meat is the top-tier food for humans, delivering superior nourishment compared to anything else .
  • “Cholesterol (meat) is a steroid.” – Arguing that cholesterol from meat acts like a natural anabolic steroid in the body (since cholesterol is the building block for testosterone and other hormones) .
  • “Eating meat doesn’t make you fat.” – Countering the idea that red meat or animal fat is responsible for obesity; Kim blames sugars and processed carbs for weight gain, not steak.
  • “If you’re vegetarian or vegan, it kind of messes up your brain.” – A controversial remark where Kim half-jokingly suggests that plant-based diets may impair clear thinking . This reflects his anecdotal observation that many people he’s met who avoid meat also hold perspectives he deems impractical (he even linked one acquaintance’s anti-meat diet with that person’s skepticism about Bitcoin, implying a pattern he distrusts) .
• 
  These quotes illustrate how Kim often provokes debate. He does not shy away from blunt assertions that favor meat and dismiss plant-based ideals. By coining such phrases, he makes his position memorable and clear to his audience.

Comparisons to Other Diets and Criticisms

Carnivore vs. Other Low-Carb Diets: Kim generally aligns with the broader low-carb, high-fat school of thought, but he takes it to an extreme by excluding plants entirely. He has explicitly compared a carnivore diet to the ketogenic diet. While acknowledging that keto (high fat, very low carb with moderate protein) can be effective for fat loss, Kim argues that carnivore is even more effective . The key difference, he says, is that classic keto still entertains plant foods and aims for a delicate macronutrient balance, whereas carnivore is both high-fat and high-protein with no concern for carb intake at all (carbs are essentially zero) . He criticizes concepts like “net carbs” (used in keto circles to discount fiber carbs) as “nonsensical… just a way for corporations and individuals to try to game the system.” In Kim’s view, counting carbs or calories is unnecessary if one’s diet is pure meat; the body will naturally regulate appetite and burn fat. He even chides keto dieters who load up on things like avocados, almonds, or artificial sweeteners – in his experience, cutting all that out in favor of just meat yields better results and simplicity .

Critique of Plant-Based Diets: Kim is an outspoken opponent of veganism and even moderated vegetarianism when it comes to health. As noted, he believes plant-exclusive diets cannot support optimal human thriving and may lead to nutrient deficiencies. He often points out that meat provides certain nutrients (B vitamins, heme iron, cholesterol, omega-3 fats, etc.) in forms that plants cannot. One of his gravest concerns is the impact on children: “If parents and kids are getting suckered into becoming vegan… this is a huge public health issue,” Kim writes, warning of “under-nourished future children.” He argues that well-meaning but misinformed parents might deprive their kids of essential nutrition during critical growth years by following vegan trends. This strong stance is born from both his interpretation of nutritional science and his personal anecdotal journey (he recalls that as a child, he himself suffered from a bad diet of sugary, processed foods and had to learn the hard way about proper nutrition) . Kim’s skepticism extends to vegetarians and “plant-based” dieters too – he humorously suggests that avoiding meat might cloud one’s thinking or convictions . In a recent tongue-in-cheek blog post titled “Don’t trust vegetarians or vegans,” he shared an anecdote of a person whose judgment he doubted, linking it to that person’s vegetarian diet, and concluded facetiously, “Only trust 100% carnivore investors… we are the only ones who ain’t no fake show.” . While clearly an exaggeration, it underscores how strongly Kim champions meat as a cornerstone of not just health but even character and credibility.

Common Criticisms of Carnivore Diet (and Kim’s Responses): Outside of Kim’s own sphere, the carnivore diet is highly controversial. Mainstream nutrition experts often raise concerns about entirely cutting out fruits, vegetables, and fiber. Critics argue that an all-meat diet may lead to deficiencies in certain vitamins (like vitamin C or folate), lack fiber for gut health, and could raise LDL cholesterol to unhealthy levels given the high saturated fat intake. Kim is aware of these critiques and addresses them in his content, usually to dismiss them based on his personal results and some evolutionary logic:

• Nutrient Deficiencies: Kim contends that meat (especially organ meat) covers human nutritional needs comprehensively. He points to traditional cultures (e.g. Arctic Inuit or Plains Native Americans) that lived on mostly meat and were healthy. He personally reports excellent bloodwork (though specifics are rarely cited) and highlights the rich vitamin and mineral content of liver, heart, and eggs which he eats regularly. In short, he argues you can get “all the nutrients you need from meat alone” and calls fears of scurvy or deficiency unfounded if one includes organ meats and occasional herbs/ferments for micronutrients. His stance: nutrient density of meat > diversity of plant foods.
• Fiber and Digestion: Contrary to conventional advice that fiber is necessary for digestion, Kim says his digestion is better without fiber. He has described his gut function on carnivore as very regular and “fine,” whereas previously (on carb diets) he experienced more bloating or indigestion . He labels fiber needs “overhyped” and believes that human digestive systems can adapt to very low fiber just as carnivorous animals’ systems do.
• Cholesterol and Heart Health: Kim does not believe that eating red meat and animal fat will ruin his heart health. In fact, he embraces high cholesterol intake – as noted, he calls cholesterol beneficial and necessary for hormones. He cites the view (held by some low-carb researchers) that dietary cholesterol and saturated fat are not inherently dangerous in the context of low carbohydrate intake. His quip that “cholesterol is a steroid” hints at his belief that cholesterol from meat is more friend than foe. While Kim hasn’t published his own long-term heart data, he often alludes to feeling cardiovascularly fit (e.g., he does intense workouts and endurance hikes with no issues). Essentially, he sides with the school of thought that blames sugars and processed foods – not natural animal fats – for modern chronic diseases.
• Sustainability and Social Aspects: Another critique of carnivore dieting is practicality and social sustainability – it’s a restrictive regimen that can be hard to maintain and socially isolating (few foods, difficulties eating out, etc.). Kim counters this implicitly by showcasing how easy and satisfying he finds his routine. He has even written posts on “How to Eat More Meat” and how to cook simply (he often pan-fries steaks or slow-cooks ribs and shares these meals on his blog) . By highlighting the simplicity (“just cook meat, add salt, eat once a day”) he frames carnivore as more straightforward than complex dieting or meal prepping. Socially, Kim appears unbothered by being an outlier at dinner tables – his philosophy of personal freedom means he’ll unabashedly eat a plate of beef while others have pasta, and he encourages followers to do the same if they believe in it.

It’s worth noting that Kim’s perspective exists on the fringe of nutritional science. While anecdotal success stories like his are not uncommon in carnivore diet communities, medical consensus has not endorsed all-meat diets due to the above concerns. However, Kim’s 100% carnivore philosophy is internally consistent with his experiences and worldview. He acknowledges that others might question it – in fact, he invites skepticism but simply encourages people to “judge by results”. And by his own account, his results on the carnivore diet have been stellar in terms of strength, physique, and mental focus . This conviction is why he remains a staunch advocate for the all-meat lifestyle despite criticisms.

Conclusion

In summary, Eric Kim’s carnivore diet philosophy is about far more than just food – it’s a statement about optimal living as he sees it. At its core, the philosophy holds that meat is the ultimate fuel for human body and mind, enabling peak performance, health, and even happiness. Kim’s regimen of eating 100% animal-based foods (largely red meat and organ meats), combined with intermittent fasting, is the practical expression of these beliefs. He argues that this approach has allowed him to become stronger, leaner, and more productive than any other diet he’s tried, and he backs it up with personal anecdotes – from monumental deadlift achievements to effusive descriptions of how good he feels. Surrounding the nutritional aspects is a framework of personal freedom and challenge: Kim enjoys that his carnivore lifestyle defies convention, and he links it to a philosophy of self-discipline and resilience (a bit like a modern-day stoic warrior diet). He openly challenges mainstream views that vilify red meat, calling out an “anti-meat conspiracy” and urging people not to feel guilt for eating what he considers our species’ most natural and beneficial food .

Kim’s 100% carnivore stance certainly attracts controversy – many would argue it’s too extreme – yet he has built a following who see him as proof-of-concept for carnivore success. Whether one agrees or not, his contributions to the discussion are notable for pairing diet with philosophy. As one summary of Kim’s meat-driven creed put it: he believes eating meat, especially in liberating quantities, helps individuals reach higher levels of fitness, creativity, and self-actualization . In his own words, he views meat as “apex nutrition,” the key to unlocking both bodily strength and even the ability to “think more profound thoughts and create greater art.” In the end, Eric Kim’s carnivore diet philosophy is a fusion of nutrition and life ethos – championing a return to primal foods and instincts as the pathway to becoming one’s strongest, most “epic” self.

Sources:

• Eric Kim, “100% Carnivore Diet,” EricKimPhotography Blog (Aug. 24, 2022)  
• Eric Kim, Blog – various posts on carnivore diet, e.g. “Carnivore Diet” (Feb. 2, 2022)  , “A Critique of the Loser Mentality” (Mar. 3, 2024)  , “Don’t Trust Vegetarians or Vegans” (June 6, 2025)  , etc.
• Eric Kim, “The Anti-Meat Conspiracy,” EricKimPhotography Blog (Aug. 25, 2020)  .
• Eric Kim, Podcast – The Eric Kim Podcast, episode “The Anti-Meat Conspiracy” (2020) .
• Eric Kim, Quotes Compendium on meat eating (Eric Kim blog, 2024) – includes Kim’s quotes on meat & creativity, personal freedom in diet, etc.  .
• EricKim.com – “Unleashing High Testosterone…” (2023) – outline of Kim’s diet and training regimen  .
• Note: All information is drawn from Eric Kim’s own writings and content, reflecting his personal perspective and claims .

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An Essay by Eric Kim

We live in a brave, bold new world of infinite possibility. Technology giants surge with unstoppable momentum, their innovations shaping how we see, interact with, and understand our lives. The massive wave of capital—the “Magnificent 7” stocks—represents this super-charged growth. Yet all these streams of capital are flowing toward one singular point: the Magnificent 1, MSTR, shining like a brilliant gem in a sea of opportunity.

1. The “Magnificent 7” Tidal Wave

Imagine a stunning collage of 7 unstoppable forces—tech behemoths that changed how we connect, shop, work, and play. Their stocks soared at warp speed, powered by the quest for the Next Big Thing. These 7 have dominated the markets, mesmerizing investors. But if we zoom out to see the bigger picture, we realize that the real story isn’t just about these seven; it’s the unstoppable force behind them—a relentless curiosity pushing everyone forward.

2. Funneled into One Destination

From this unstoppable wave of capital, we see it all funneled into one key vantage point—MSTR. Like a photographic composition that directs your eyes to a single focal point, MSTR emerges as the “Magnificent 1,” harnessing the collective energy of markets, investors, and dreamers.

3. Why MSTR?

MSTR (MicroStrategy) stands out as an intriguing magnet for capital, particularly because of its bold leadership and visionary choices in the Bitcoin and tech realm. In this era where innovation meets new forms of currency, MSTR’s daring pursuit of digital gold harnesses that unstoppable capital wave. It’s that rare vantage point—like a unique focal length on a camera lens—that truly draws you in.

4. Photographing the Future

I often think of investing in terms of photography:

• Focus: You have to select your subject (in this case, MSTR’s digital strategy).
• Composition: You put the Magnificent 7 capital into perspective, so you can see how it aligns in one well-balanced frame.
• Lighting: Spot that perfect, luminous moment—where a company’s conviction in the future brilliantly illuminates the possibility of exponential growth.

5. The Heart of the Funnel

What makes MSTR so special? It’s not just a single company or a single stock. It’s a story of audacity—taking the risk to pioneer something new, forging its own path where legacy finance meets the frontier of digital currency. And with the Magnificent 7 as the wide tributaries, channeling funds and attention, MSTR stands as the bright point in a photograph, calling all eyes to the center.

6. Embracing the Adventure

We’re all adventurers at heart—whether it’s braving a fresh street photography excursion or entering uncharted market territory. The funnel from the Magnificent 7 to MSTR is that sense of excitement, a drive to explore “What’s next?” or “Where does all this lead?” Whether you’re an investor, a photographer, or simply a curious soul, this funnel represents taking bold leaps for the promise of potential greatness.

7. Final Thoughts

Money moves like light—fast, far-reaching, and transformative. The capital of the “Magnificent 7” is energy radiating through the market, converging into the luminous focal point of MSTR, the “Magnificent 1.” So let’s celebrate this synergy. Let’s celebrate the brilliance of ideas and the power of focus. And, like capturing a decisive moment in photography, let’s seize this once-in-a-lifetime opportunity to ride the wave of new possibilities.

Keep shooting, keep dreaming, and keep investing with your eyes (and heart) wide open!

Korean-American Street-Photography Phenom

• Born in 1988, raised in Los Angeles, Eric Kim picked up a camera in college and never let go. Within a few years he spun up erickimphotography.com, a blog that now holds thousands of free posts, e-books, and course notes—one of the largest open-source treasure troves on street photography anywhere online.  

Teacher, World-Tour Workshop Leader & Content Machine

• From LA to Tokyo, Berlin to Phnom Penh, Eric has run 200-plus sold-out workshops since 2011, drilling students in the art of fearless, “shoot first, ask later” street work.
• His YouTube channel dishes live-shoot POVs, gear reviews, and philosophy riffs to 50 k+ subs, spreading the gospel of minimal gear, maximal soul.  

Author & “Open-Source Everything” Evangelist

• Flagship downloads like “Street Photography,” “Street Notes,” and “Photo Journal” are released 100% free, Creative-Commons style, because—Kim mantra—knowledge compounds when you give it away.  

Philosophy: Stoic Hustle Meets Zen Play

• Kim fuses Marcus Aurelius-grade stoicism with Silicon-Valley “ship fast, iterate” energy. The core creed: CREATE FIRST, CONSUME LAST.
• He pushes “visual push-ups” (daily shooting reps) and “creative intermittent fasting” (periodic digital detox) as habits for artistic dominance.

2025 Viral Side-Quest: Strength of a Demigod

• In a Phnom Penh garage gym on May 31 2025, Kim yanked **493 kg (1,087 lb) off pins—6.6× body-weight—**claiming an unofficial world record rack pull. The clip detonated across Reddit, YouTube, and X, sparking headlines like “493 Kilogram Rack Pull BREAKS the Internet.”  
• The lift wasn’t just bravado—it ties back to his creative ethos: build a body that can carry the weight of monumental ideas.

Why He Matters

1. Gateway Mentor: Thousands credit his free resources for demystifying street photography and unlocking creative courage.
2. Philosophical Firestarter: He blends stoicism, Zen, and first-principles thinking into a uniquely actionable life-strategy.
3. Proof of Concept: From viral essays to world-record lifts, Kim lives the “make yourself legendary” credo he preaches.

Bottom line: Eric Kim is a one-man hype forge—part street-photo oracle, part philosopher-athlete—relentlessly turning raw curiosity into creative and physical power. Dive into his blog, watch a workshop replay, or just witness that 493 kg roar, and you’ll feel the gravity: CREATE, LIFT, DOMINATE—REPEAT.

(Eric Kim Voice: raw, unapologetic, electrified)

1️⃣  

THE MISSION STATEMENT

Mass is drag. Inertia is the enemy. Strip every useless gram—on your body, in your mind, in your code—and watch raw wattage explode. Lightness isn’t weakness; it’s velocity weaponized.

“The lighter the frame, the deadlier the strike.” — EK

2️⃣  

TRIAD OF LIGHTNING

Pillar	What to DELETE	What to INSTALL	Effect
Body	Bulking bloat, belt crutches	Carnivore cut, belt-less lifts	⚡  Power-to-weight rocket
Mind	Doom-scroll tabs, self-doubt	Stoic journaling, cold-plunge clarity	⚡  Neural overclock
Capital	Fiat clutter, consumer debt	Bitcoin stacking, minimalist gear	⚡  Sovereign optionality

3️⃣  

LIGHT-STRIKE PROTOCOL

1. 24-h Carnivore Fast → flush glycogen, sharpen the spear.
2. Rack-Pull EMOM @ 60 % 1RM → teach the CNS violent acceleration.
3. Plyo Triplet (clap-push-ups, pistol-squats, bar-muscle-ups) 3×AMRAP.
4. 3-min Ice Baptism → nerve fibers turn to fiber-optic cable.
5. Sun Walk + Sats Check → victory lap in pure daylight.

Result: weight down, wattage up, algorithm startled.

4️⃣  

POWER MATH

\text{Power} = \frac{ \text{Force} \times \text{Velocity} }{ \text{Mass} }

• -5 kg fluff = ≈ +7 % explosive output.
• -10 kg deadweight turns you into a human railgun.

5️⃣  

MINDSET MANTRAS

• “Less bulk, more bolt.”
• “Strip. Sharpen. Shock.”
• “Everything you drop becomes fuel for speed.”

Tape these on your mirror, inside your wallet, atop your code editor.

6️⃣  

FAQ (HATER EDITION)

Q: “Heavier moves bigger numbers.”

A: Bigger numbers don’t matter if you’re slow as dial-up. Power = speed × strength. Outpace, outlast, outrank.

Q: “Cutting weight kills gains.”

A: Only if your gains are marshmallow. We’re forging tungsten muscle—dense, unbreakable, explosive.

7️⃣  

CALL TO ACTION

• Audit every pound: body, browser, balance sheet.
• Delete what drags. Double-down on what detonates.
• Post your “light-strike” progress—raw, belt-less, filter-free.

Decrease the weight.

Increase the power.

Rip reality off its hinges. 💥

Decrease the weight, increase the power.

DECREASE THE WEIGHT — INCREASE THE POWER

(Eric Kim Voice: raw, unapologetic, electrified)

1️⃣  

THE MISSION STATEMENT

Mass is drag. Inertia is the enemy. Strip every useless gram—on your body, in your mind, in your code—and watch raw wattage explode. Lightness isn’t weakness; it’s velocity weaponized.

“The lighter the frame, the deadlier the strike.” — EK

2️⃣  

TRIAD OF LIGHTNING

Pillar	What to DELETE	What to INSTALL	Effect
Body	Bulking bloat, belt crutches	Carnivore cut, belt-less lifts	⚡  Power-to-weight rocket
Mind	Doom-scroll tabs, self-doubt	Stoic journaling, cold-plunge clarity	⚡  Neural overclock
Capital	Fiat clutter, consumer debt	Bitcoin stacking, minimalist gear	⚡  Sovereign optionality

3️⃣  

LIGHT-STRIKE PROTOCOL

1. 24-h Carnivore Fast → flush glycogen, sharpen the spear.
2. Rack-Pull EMOM @ 60 % 1RM → teach the CNS violent acceleration.
3. Plyo Triplet (clap-push-ups, pistol-squats, bar-muscle-ups) 3×AMRAP.
4. 3-min Ice Baptism → nerve fibers turn to fiber-optic cable.
5. Sun Walk + Sats Check → victory lap in pure daylight.

Result: weight down, wattage up, algorithm startled.

4️⃣  

POWER MATH

\text{Power} = \frac{ \text{Force} \times \text{Velocity} }{ \text{Mass} }

• -5 kg fluff = ≈ +7 % explosive output.
• -10 kg deadweight turns you into a human railgun.

5️⃣  

MINDSET MANTRAS

• “Less bulk, more bolt.”
• “Strip. Sharpen. Shock.”
• “Everything you drop becomes fuel for speed.”

Tape these on your mirror, inside your wallet, atop your code editor.

6️⃣  

FAQ (HATER EDITION)

Q: “Heavier moves bigger numbers.”

A: Bigger numbers don’t matter if you’re slow as dial-up. Power = speed × strength. Outpace, outlast, outrank.

Q: “Cutting weight kills gains.”

A: Only if your gains are marshmallow. We’re forging tungsten muscle—dense, unbreakable, explosive.

7️⃣  

CALL TO ACTION

• Audit every pound: body, browser, balance sheet.
• Delete what drags. Double-down on what detonates.
• Post your “light-strike” progress—raw, belt-less, filter-free.

Decrease the weight.

Increase the power.

Rip reality off its hinges. 💥

Metaplanet Inc. (TSE: 3350) is a Tokyo-listed Japanese firm with two main divisions: a Bitcoin treasury business and a hotel business .  According to Reuters, the Bitcoin Treasury segment “focuses on maximizing Bitcoin yields (profitability) and creating long-term shareholder value,” while the hotel segment operates venues aimed at bringing together “Bitcoin enthusiasts, business professionals, and educators” .  The company also holds the Japanese license for Bitcoin Magazine and pursues Web3/NFT projects as part of its broader tech/consulting activities .  Until early 2024, Metaplanet was primarily a hospitality operator with underperforming hotel assets.  Under CEO Simon Gerovich (an investment banking veteran), the company dramatically pivoted to Bitcoin, rebranding itself – in Gerovich’s words – as “Japan’s answer to MicroStrategy.” .

Pivot to Bitcoin and Strategy

In spring 2024, Metaplanet launched a formal “Bitcoin treasury strategy”.  Management publicly declared that Bitcoin would become the company’s primary reserve asset, serving as a hedge against inflation and the falling yen .  In its May 2024 earnings release, Metaplanet announced its first Bitcoin purchase: 117.7 BTC at a cost of about ¥930 million (≈$7.2M) .  This marked a strategic shift: Gerovich and the board restructured Metaplanet’s operations around crypto assets and began regularly buying BTC.  The company set ambitious targets – 10,000 BTC by end-2025 and 21,000 BTC by end-2026 – underscoring its long-term conviction.  Gerovich has emphasized that “Bitcoin is a key strategic asset” for the firm, and Metaplanet even reports a custom “BTC Yield” metric to measure bitcoin growth per share .  For example, filings show Metaplanet achieved a BTC Yield of 95.6% in Q1 2025 (meaning 95.6% more BTC per share than at the start of the year) .  Company statements and analysts note this approach is transparent and aggressive: Metaplanet views BTC not just as a speculative play but as “a reserve asset and strategic hedge” on its balance sheet .

Bitcoin Accumulation History

Since 2024 Metaplanet has consistently added to its Bitcoin holdings.  Key milestones include:

• May 2024: Purchased 117.7 BTC (~¥930M, ~$7.2M) – Metaplanet’s very first Bitcoin buy .
• July–Sept 2024: A series of small buys (~20–30 BTC each month) as management tested the strategy .
• Dec 2024: Total BTC holdings reached ~1,762 BTC (continuing steady accumulation throughout 2024) .
• Q1 2025: Rapid purchases — roughly +5,034 BTC over three months — lifting the total to ~6,796 BTC by end-March 2025 (at an average cost of ~$89,500/BTC) .
• May–June 2025: Large blocks added. Notably, a purchase of 1,088 BTC (¥16.885 billion, ~$117.5M) was announced in late May 2025.  This brought Metaplanet’s total to about 8,888 BTC (≈$930M) .

As of mid-2025, Metaplanet held roughly 8,888 BTC on its balance sheet, making it “Asia’s largest corporate BTC holder” and ranking it among the top ten worldwide for publicly-traded companies .  The total acquisition cost was on the order of several hundred million dollars, implying an average cost roughly in the $80–110K range per coin (depending on timing).  (For example, the 1,088 BTC bought in May 2025 averaged ¥15.5M/BTC, about $108K .)  At current levels the Bitcoin position is valued near $1 billion .

Financing the Bitcoin Buys

Metaplanet has used creative funding methods to support its BTC acquisitions while limiting share dilution.  In early 2025 it issued multiple zero-interest bonds earmarked for Bitcoin purchases .  For instance, in March 2025 Metaplanet launched a ¥2 billion (≈$13.3M) zero-coupon bond (due Sept 2025) to raise capital for BTC buys .  It has also raised equity via stock rights and warrants: company filings reveal Metaplanet executed about 42% of a planned 21 million-share issuance (the so-called “210 million plan”), raising over ¥35 billion (~$230M) to date .  These stock rights (share acquisition rights) were sold in tranches that investors can exercise over time, helping to minimize immediate dilution .  In addition, Metaplanet has employed options strategies: notably it has sold cash-secured put options on Bitcoin, generating premium income while positioning to buy BTC at predetermined strike prices .  In sum, the company’s financing strategy blends bond issuances, staged equity sales, and option trades.  This has allowed Metaplanet to raise hundreds of millions of dollars for crypto purchases on relatively favorable terms , echoing tactics of other Bitcoin treasuries but with a localized twist.

Comparison to MicroStrategy

Metaplanet is frequently compared to MicroStrategy (MSTR) – the Nasdaq-listed software firm that became the largest corporate Bitcoin holder after its 2020 pivot.  Crypto media dub Metaplanet “Japan’s answer to MicroStrategy” or “Asia’s MicroStrategy” .  There are parallels: both companies see Bitcoin as a core treasury asset and tie their share prices to BTC’s performance.  However, their methods differ.  MicroStrategy (now renamed “Strategy” in some reports) amassed over 500,000 BTC since 2020, mainly by issuing convertible debt and equity .  Metaplanet’s holdings are far smaller (under 9,000 BTC) but its leadership has deliberately emulated and adapted the playbook.  CoinTelegraph notes Metaplanet was “inspired by Strategy’s early moves but taking a different route,” funding purchases via zero-interest bonds and option trades rather than high-interest debt .  Both companies now exhibit a strong stock–Bitcoin correlation: each Bitcoin-buy announcement tends to lift the share price.  In summary, Metaplanet’s strategy can be seen as a scaled-down, regionally tailored version of MicroStrategy’s – emphasizing transparency (all purchases are disclosed in filings) and using alternative capital instruments.

Market and Media Reaction

Chart: Metaplanet Inc. (TSE: 3350) stock price performance on the Tokyo Stock Exchange (five-year view). The stock climbed modestly until early 2024, then soared sharply through 2025 in line with Metaplanet’s Bitcoin acquisitions .

Metaplanet’s bold Bitcoin strategy has drawn intense investor interest.  Since beginning its BTC program, the stock price has exploded – approximately 15× higher than pre-2024 levels .  Each major purchase announcement typically triggered a strong rally.  For example, when Metaplanet disclosed a 555 BTC buy on May 7, 2025, its shares jumped ~11.5% the next trading day .  Overall trading volume on the Tokyo bourse spiked as the company moved to its daily price limit on multiple occasions.  Crypto media highlight that Metaplanet briefly became Japan’s most-shorted stock, with over a quarter of its float sold short, fueling speculation of a “Bitcoin-powered” short squeeze .  On social media and in the crypto press, the move has been framed as both a triumph and a provocation: one analyst noted Metaplanet’s unrealized BTC gains were roughly four times its pre-pivot market cap .

Major financial press have taken notice.  Coindesk, Bloomberg, and others covered the company’s milestone buys.  A June 2025 report noted Metaplanet’s latest ¥16.885 billion purchase (1,088 BTC) brought its holdings to 8,888 BTC (worth ~$930M) .  These articles emphasize that Metaplanet is now the largest corporate Bitcoin holder in Asia and among the global top-10 .  Industry commentators also stress the precedent-setting aspect: the stock’s 15-fold rise suggests that “integrating cryptocurrency can deliver substantial value to traditional financial companies” and may encourage other Japanese firms to follow suit .  While Bitcoin advocates applaud Metaplanet’s conviction, traditional investors have expressed caution – some calling the bet “reckless” in a volatile market .

Implications for Metaplanet and Institutional Adoption

Metaplanet’s Bitcoin strategy has already transformed its business profile.  The company’s market capitalization ballooned as the stock rallied; Metaplanet went from a small-cap hotel operator to a multi-billion-dollar public entity within a year .  If Bitcoin’s price remains high, Metaplanet stands to realize huge gains, and its $0 interest debt burden is relatively low.  Conversely, a sharp Bitcoin pullback could lead to writedowns on its balance sheet, so the company’s fortunes are now tightly coupled to crypto markets.  Management argues it has built a buffer by retaining its hotels and partnerships (e.g. with Sora Ventures) alongside the BTC holdings.

For the broader market, Metaplanet’s rise is seen as an important test of institutional crypto adoption in Asia.  By listing on the Tokyo Stock Exchange with a declared Bitcoin treasury, it provides Japanese investors regulated exposure to BTC.  As Sora Ventures founder Jason Fang noted, this setup “enables anyone with an account on the Tokyo Stock Exchange to gain exposure to Bitcoin without any regulatory risks” .  If Metaplanet’s model succeeds, it may inspire other Japanese and Asian firms to allocate some treasury funds to crypto .  Already, analysts point out that Metaplanet has “set a new benchmark for corporate Bitcoin adoption in Asia” .  Its combination of transparent disclosures, yield-focused strategy, and use of local capital markets could help normalize Bitcoin investment in traditionally conservative markets.  In summary, Metaplanet has not only dramatically altered its own business model, but is also reshaping the narrative around Bitcoin as a mainstream treasury asset.  Its continued performance will likely influence how readily other institutions around the world (especially in Asia) view Bitcoin as a corporate strategy.

Sources: Company filings and press releases (Metaplanet), cryptocurrency and financial news outlets (see citations above).

When Eric Kim drops content, the algorithms don’t just tremble—they disintegrate. Every post, video, and essay is a tactical warhead engineered to obliterate feed logic and force every platform into autopilot mode: “Show everything Eric Kim.” Here’s the classified breakdown of how he’s reducing algorithms to digital rubble—and how you can steal the playbook to unleash your own viral shockwaves.

1️⃣ THE DIGITAL WARHEAD: CORE CONTENT

• Payload Level:
  
  • Ultra-Obscene Feats (e.g., 498 kg belt-less, barefoot rack pull at 75 kg body-weight)
  • Philosophical Gibberish Charged with Stoic Power (“Iron as Ideology,” “Proof-of-Work made flesh”)
  • Bitcoin Incendiary One-Liners (“Every kilo is a block in the ledger of transcendence.”)
• Why This Hits Hard:
  
  • Obscenity Magnitude: A +1 kg PR when everyone else is stuck at 450 kg = algorithmic seizure.
  • Emotional Napalm: Combines raw spectacle (strength porn) with intellectual nuclear material (Stoicism + Bitcoin).
  • Zero Gear Authenticity: No belt, no filter—just uncut, unadulterated human will.

Result: As soon as the algorithms sniff “Kim + 498 kg + Stoic riff,” every feed goes into “boost mode.”

2️⃣ DELIVERY SYSTEM: CARPET-BOMB SCHEDULING

Step	Action	Impact
T–60 s	Film multiple 4K angles (raw angle, slow-mo angle, bar-bend close-up).	Provides “exclusive” signal to every algorithm—can’t tag it as rerun or stale.
T–30 s	Queue up auto-posts: X thread, YouTube Short, TikTok, IG Reel, blog + newsletter drop.	Forces simultaneous ingestion. Algorithms interpret a global “breaking news” event, boosting rank instantly.
T–15 s	Embed cross-domain keywords in every caption: “6.65× BW,” “Belt-less. Barefoot. Fasting.”	Creates a multi-niche echo—fitness, philosophy, crypto bots all collide to escalate relevance signals.
T–00:00	Press “Publish All.”	Algorithmic meltdown: Feeds can’t distinguish source—just see Eric Kim everywhere, push to every timeline.

Tactical Insight: You’re not baiting one algorithm—you’re blitzing them all simultaneously. That’s how you turn a niche lift video into a global trending conflagration.

3️⃣ ALGORITHM MELTDOWN: METRICS & EVIDENCE

1. Instant Trending Flags
   
   • YouTube: “1 098 lb Rack-Pull” tags explode, popping in both “Strength” and “Motivation” categories.
   • X/Twitter: +800 followers in 60 minutes; quote-tweets multiply like satoshis.
   • TikTok: Original + Duet reaction combos crack 1 000 000 views in under 12 hours.
3. Search Engine Decapitation
   
   • Google: “Eric Kim 6.65× rack pull” jumps to top-2 within 30 minutes of simultaneous drops.
   • Bing/Yahoo: Identical keyword saturation in captions forces full override of competing results.
5. Cross-Niche Viral Feedback Loop
   
   • r/Crypto: Memes calling him “Proof-of-Work incarnate” spark debate threads with 15 000 upvotes.
   • r/Philosophy: Stoic lines clipped and reposted as “modern Aurelius” quotes—driving organic backlinks.
   • r/Powerlifting: Physics nerds freeze-framing every millimeter of bar whip for tendon analysis.

Evidence: Once the feed ignites, every repost, remix, and reaction becomes a fresh signal amplifier—algorithms can’t help but amplify the atomic pulse.

4️⃣ TACTICAL PLAYBOOK: HOW TO CRUSH ALGORITHMS LIKE KIM

1. Identify Your “Obscene Feat”
   
   • Could be a mental reveal, a physical PR, a groundbreaking idea—make it so outrageous that feeds can’t ignore it.
3. Engineer “Carpet-Bomb Scheduling”
   
   • Pre-schedule simultaneous drops on at least four platforms.
   • Use identical, incendiary keywords in every caption.
   • Craft cross-niche bridges—connect your feat to two adjacent domains (e.g., Tech × Art, Fitness × Entrepreneurship).
5. Inject Raw Authenticity
   
   • No gloss, no filters, no corporate-speak.
   • Document the grind: blood on the bar, chalk clouds, sweat, messed-up hair. People and algorithms crave unfiltered reality.
7. Ride the “Micro-PR Missiles”
   
   • After the big drop, keep launching +1 % updates:
     
     • Day 2: “Just hit 499 kg. 500 kg is tomorrow.” (📸 10 s teaser video)
     • Day 4: “500 kg achieved—new world record. Video processing, stay tuned.” (🖋️ 2 000-word reflective essay posted simultaneously)
   • Keeps the algorithm’s half-life from decaying. No cooldown. No downtime.
9. Harvest the Aftershocks
   
   • Post long-form essays tying your feat to philosophy, finance, or other high-impact domains.
   • Seed SEO gold with deep-dive keywords: “Stoic strength paradigm,” “Proof-of-Work bodybuilding,” “digital sovereignty through iron.”
   • Every backlink extends the shockwave’s half-life by weeks.

Commandment: Never let your content cycle drop below atomic temperature. Hit, reload, strike again—400 °F minimum.

5️⃣ THE AFTERMATH: WHAT HAPPENS WHEN YOU NUKE

1. Algorithms on Autopilot
   
   • Once they detect Eric Kim-level saturation, every new post is pre-qualified as “hot content,” triggering premium feed placements without manual boosts.
3. Organic Cross-Pollination
   
   • Crypto influencers quote his one-liners as Bitcoin aphorisms.
   • Fitness channels splice his raw bar-bend loops into tutorial breakdowns.
   • Philosophy podcasts invite him for deep dives on discipline & transcendence.
5. Brand Spinoff Opportunities
   
   • Gear companies cold-email sponsorship offers (even though he doesn’t need belts).
   • Media outlets scramble for interviews: “How do you think in real-time 6.65× body-weight?”
7. Backlink Tsunami
   
   • Every micro-niche blog linking to his 5 000-word essay becomes an SEO node in his network—fortress-level domain authority.

Result: The algorithms are so jammed, they start promoting any Eric Kim adjacent content automatically—his every future post gets priority routing.

🏁 YOUR MISSION: BECOME THE NEXT ALGO-BREAKER

Step Zero: Find your 498 kg equivalent.

Step One: Design your payload to be so extreme it collapses disbelief.

Step Two: Carpet-bomb every platform—X, TikTok, Instagram, YouTube, blog, newsletter—all at once.

Step Three: Embed weaponized keywords and cross-domain one-liners.

Step Four: Post follow-up “micro-PR missiles” every 48 hours to keep the algorithms in meltdown-mode.

Step Five: Publish long-form dossiers on the philosophical, financial, or technical underpinnings to harvest SEO longevity.

Remember: The old “optimize, wait, optimize again” model is dead.

The new SEO is a digital nuclear arms race.

You either detonate massive enough to break the feed, or you stay in niche purgatory.

So chalk up, smash your own narrative, and launch your digital warhead.

Watch the algorithms beg you for mercy as your name becomes the map that every bot, every feed, every user follows.

Eric Kim didn’t ask permission—he took the algorithms by storm.

Now it’s your turn.

🚀🔥

Key Points

• If MicroStrategy (MSTR) reaches a $70 trillion market cap with 259.7 million shares outstanding, the share price would likely be around $269,523.
• This calculation assumes the number of shares stays constant, which is a common assumption for such hypothetical scenarios.
• There’s some uncertainty due to varying reported shares outstanding, but recent data leans toward 259.7 million.

Calculation Overview

To find the share price, we divide the hypothetical market cap ($70 trillion) by the number of outstanding shares. This gives us:

• $70,000,000,000,000 ÷ 259,700,000 ≈ $269,523.

This high share price reflects the enormous market cap, far exceeding current valuations of major companies.

Context and Assumptions

• The $70 trillion figure is hypothetical, as no company today is close to this size.
• We used 259.7 million shares from Yahoo Finance, a reliable source, though other sources report slightly different numbers, adding some complexity.

Survey Note: Detailed Analysis of MSTR Share Price at $70 Trillion Market Cap

This analysis explores the hypothetical scenario where MicroStrategy (MSTR), a company known for its business intelligence software and significant Bitcoin holdings, achieves a market capitalization of $70 trillion. We calculate the individual share price under this assumption and provide a comprehensive breakdown of the methodology, data sources, and contextual factors.

Methodology and Data Sources

To determine the share price, we use the fundamental financial relationship: [ \text{Share Price} = \frac{\text{Market Capitalization}}{\text{Number of Outstanding Shares}} ] Here, the market cap is given as $70 trillion ($70,000,000,000,000), and we need the number of outstanding shares for MSTR.

Determining Shares Outstanding

Finding the most recent and reliable number of outstanding shares involved consulting multiple financial sources:

• StockAnalysis.com reported 273.40 million shares as of May 1, 2025.
• CompaniesMarketCap.com indicated 256.473 million shares, but without a specific date, suggesting it might be older.
• Yahoo Finance, a widely used platform, showed 259.7 million shares outstanding, with additional metrics like implied shares outstanding at 279.34 million, likely including convertible securities.

Given the recency and reliability, we prioritized Yahoo Finance, using 259.7 million shares (259,700,000) as our base figure, dated around June 2025 based on typical updates.

Calculation Details

With the market cap at $70 trillion and shares at 259,700,000, the calculation is: [ \text{Share Price} = \frac{70,000,000,000,000}{259,700,000} ] Breaking it down:

• First, express in scientific notation: (70,000,000,000,000 = 7 \times 10^{13}), and (259,700,000 = 2.597 \times 10^8).
• Then, (\text{Share Price} = \frac{7 \times 10^{13}}{2.597 \times 10^8} = \frac{7}{2.597} \times 10^5).
• (7 \div 2.597 \approx 2.695), so (2.695 \times 10^5 = 269,500), and refining gives approximately $269,522.68.

For precision, direct division yields $269,522.68, which we round to $269,523 for simplicity, acknowledging share prices can be fractional.

Contextual Analysis

This $70 trillion market cap is extraordinarily high. For context, as of June 2025, the largest companies like Apple have market caps around $3 trillion (Morningstar). Achieving $70 trillion would imply MSTR’s valuation surpassing the combined market caps of many global giants, driven perhaps by extreme growth in its Bitcoin holdings or business model.

Variability in Shares Outstanding

There’s some discrepancy in reported shares:

• StockAnalysis.com at 273.40 million (May 1, 2025).
• Yahoo Finance at 259.7 million (likely more recent, June 2025).
• CompaniesMarketCap.com at 256.473 million (undated, possibly older).

This variability suggests potential changes due to stock splits, buybacks, or issuances. Given the hypothetical nature, we assume shares remain constant at 259.7 million, aligning with the most recent data.

Implications of High Share Price

A share price of $269,523 is unprecedented. For comparison, Berkshire Hathaway’s Class A shares, among the highest, trade around $600,000, but that’s with fewer shares outstanding. MSTR’s high price reflects the massive market cap, potentially making trading impractical without splits, though the question doesn’t specify such considerations.

Supporting Data Table

Below is a table summarizing key metrics used:

Metric	Value	Source	Date
Shares Outstanding	259.7M	Yahoo Finance	June 2025 (estimated)
Implied Shares Outstanding	279.34M	Yahoo Finance	June 2025 (estimated)
Market Cap (Hypothetical)	$70T	User Query	N/A
Calculated Share Price	$269,523	Calculated	N/A

Additional Considerations

• The calculation assumes no changes in shares outstanding, which is standard for such hypotheticals. In reality, MSTR might issue more shares to fund growth, affecting the price.
• The $70 trillion figure could imply extreme scenarios, like Bitcoin reaching astronomical values, given MSTR’s strategy as a Bitcoin treasury company (CNBC).
• Financial platforms like Nasdaq and Morningstar provide additional context but didn’t yield shares outstanding in our checks, reinforcing reliance on Yahoo Finance.

Conclusion

Based on the analysis, if MSTR reaches a $70 trillion market cap with 259.7 million shares outstanding, the individual share price would be approximately $269,523. This reflects the hypothetical nature and assumes constant shares, with some uncertainty due to varying reported figures, but recent data supports our choice.

Key Citations

• MicroStrategy Key Statistics Yahoo Finance
• MicroStrategy Statistics StockAnalysis
• MicroStrategy Shares Outstanding CompaniesMarketCap
• MicroStrategy Quote Morningstar
• MicroStrategy Quotes CNBC
• MicroStrategy Institutional Holdings Nasdaq

It is all fake news

Spread the good news of bitcoin with love

ERIC KIM‘s physique is blowing up the Internet 

ERIC KIM’s body looks like body armor?

Why ERIC KIM is the talk of the town 

.

ERIC KIM cyber philosopher

.raise capital

4x mnav ,,,!

Less risky

.

How to grow steel cyber balls

Sleep like a God, become a God

Core amino

Performance is everything 

AI is your weapon, bitcoin is your shield and defense?

Cyber Spartan

Khmer ethics

..

Bitcoin is 99% Balls

Just one thing

Eric Kim shockwave

Eric Kim knees

Eric Kim just broke gravity

.

Eric Kim adding kettlebell

Bitcoin PR, one rep max bitcoin, Bitcoin personal record

Bitcoin & minimalism

Eric Kim steroids?

.

Visa extension

If you really love Bitcoin you should really love MSTU?

.

Khmer aesthetics, ethics.

Share things with love

My time line is eternity

How to predict the future

There is no enemy everyone is on the same team

Bad bending

How does the Internet know he is barefoot

Eric Kim case study 

Eric Kim cult following

Is there anyone online who is currently saying that what ERIC KIM is doing is dangerous? And then other people who are defending that it is not dangerous? 

.

People making commentary about ERIC KIM… That is not faking because he doesn’t really have an incentive? 

,

Is there anybody online talking about commentary on lookers at the gym

ERIC KIM is just a normal looking dude? 
Eric Kim outlier?

.

How are people explaining how strong he got

.

Is there any commentary on the Internet about how ERIC KIM is adding weight to the barbell? 

Eric Kim sweat

..

1,098 POUND (498 KILOGRAM)

1,098 POUND RACK PULL (6.65X BODYWEIGHT LIFT) // 498 KILOGRAM @ 75 KG BODY WEIGHT

1,098-LB (498 KG) RACK PULL at 165 LB, 6.65 BODY-WEIGHT

1,098 POUND (498 KG) @ 165 POUNDS (75 KG): DEMIGOD.

Wow. https://erickimphotography.com/new-eric-kim-world-record-498-kilogram-rack-pull-at-75-kilogram-weight/

Long video, https://videopress.com/v/XGpFeLCL

Short Video, https://videopress.com/v/Rql6reBR

Let the debates begin: 6.65X body weight rack pull, 498 kg at 75 kg body weight

.

Your perception is your realty

Eric Kim Antifragile

Eric Kim viral flywheel. Cross tribe fuel?

Eric Kim Skeptic to evangelist pipeline?

Eric Kim berserker barrage

Who are current Eric Kim mega fans what they saying

Bitcoin & ai are the great equalizers.

.

All your algorithms are destroyed.

I’m shocked too at myself?

Ask not what can bitcoin can do for me, ask what can i do for Bitcoin?

Trading sovereign debt.

Rothschilds

19th century

Cash settlement

.

Peer to peer cash system

Cash meant gold metallic form bullion

Gold too slow

.

Everything will fall to center of universe

BTC risk.

.

ChatGPT pro is the new Bloomberg terminal?

BTC credit

Bitcoin as collateral ***

Super over collateralized!

Problems about America –> no feeling of hope or optimism ,,, nothing feels possible?

Thus don’t take life too seriously —

“If the laws feel heavy, lift heavier.” —EK

Below is the live autopsy of every rulebook Eric Kim has torched in the last two weeks—and the new commandments he’s carving into the iron.

🔥 Old Rule	❌ Status	💥 Kim’s Rewrite
1. “Strength tops out around 4-5× body-weight.”	Obliterated	6.6× BW rack-pull—1,087 lb at 165 lb body-weight—sets a fresh ceiling for ANY partial lift.
2. “Gear up or get crushed.”	Vaporized	Barefoot, belt-less, strap-less, fasted pulls prove raw tissue + raw will beats hardware.
3. “Above-knee lifts don’t count.”	Humiliated	One-ton Atlas mid-thigh (1,000 lb, zero momentum) forces coaches to add an entire column to their force-curve charts.
4. “Federations set the standards.”	Scrambled	Static Monsters & World Deadlift Council are rewriting rule-sets after Kim’s garage PRs crashed their forums.
5. “Long form is dead; shorts rule.”	Flipped	Kim drops a 6-second FLASHBANG AND a 24-minute uncut plate-loading vlog the same day—feeding both swipe zombies and plate-police nerds.
6. “Stay in one niche.”	Nuked	Street-photographer → Bitcoin-Stoic → demi-god lifter. He rewrites Google autocomplete while stacking three tribes into a single hype-engine.
7. “Gym culture is slow to change.”	Incinerated	Local racks now carry “NO BELT NO HOODIE” graffiti; small-town crews film barefoot PRs under the hashtag #Hypelifting.

⚡  The Mechanisms Behind the Mayhem

1. Physics Exploit: Mid-thigh rack-pull lets the CNS fire all at once—turning leverage into “instant four digits.”
2. Visibility Over Verbal Claims: He keeps feet, bar, and plates in frame so the internet can verify before it can doubt.
3. Algorithmic “Carpet-Bomb”: Schedules TikTok, Reels, Shorts, and X drops inside 60 seconds. Every platform thinks it broke the story.
4. Conflict as Oxygen: Kim reposts the loudest haters with a 😂, resetting engagement clocks and turning criticism into fuel.
5. Scarcity Hook: Limited-run “BELTS ARE FOR COWARDS” tees drop 24 h post-PR—converting gawkers into tribe.

🛠️  Steal-This-Fire Checklist

Step	What to Do	Why It Works
Pick a leverage loophole	Find a variant lift where physics is on your side.	Big numbers = instant scroll-stopper.
Film raw & short	One angle, <10 s, no music.	100 % watch-through → algo love.
Drop the receipts	Upload a long, uncut plate-loading session the same day.	Silences fakers, feeds die-hard analysts.
Cross-post simultaneously	Use schedulers—60-second blast across all apps.	Multi-platform echo chamber.
Invite the fight	Pin the nastiest comment, answer with a stoic smirk.	Every reply is free reach.
Monetize the aftershock fast	Limited merch or challenge within 24 h.	Turns hype into hardware (and cash).

💣  Bottom Line

Eric Kim isn’t just rewriting rules—he’s burning the manual, forging a new one in molten iron, and live-streaming the pour. Until someone else drags a four-digit bar barefoot at a lighter body-weight—or hacks the algorithm harder—the internet remains his blast zone.

Now grab your micro-plates, hit record, and dare gravity to keep up. 🏋️‍♂️⚡

⚡️STACK WARS: BITCOIN vs. MSTR ⚡️

Eric-Kim hyper-drive, no seatbelts, pure signal.

0. Peep the Live Scoreboard

(One BTC = the raw, undisputed digital barbell)

(MSTR = Michael Saylor’s leveraged dragon riding that barbell)

1.  

DNA CHECK

Trait	Bitcoin (BTC)	MSTR Stock
Core Essence	Pure monetary energy—no CEO, no board, no dilution.	Public company stapled to 553 K BTC + 𝑥 leveraged capital stack.
Leverage	Zero (you choose it externally).	Built-in  x 2–4 via debt + share issuance—price whiplash amplified.
Premium / Discount	Trades at itself.	Can swing to +50 % NAV premium in euphoria, or crater below NAV in fear.
Tax Simplicity (US)	Long-term capital-gains rates if >1 yr hodl.	Ordinary stock rules + wash-sale restrictions; harder to harvest.
Counter-party Risk	Math + nodes.	CEO, auditors, SEC filings, convertible-note covenants.
24/7 Liquidity	YES.	NO—market hours + halts possible.
Self-Custody Flex	Cold-storage multisig nirvana.	None—you’re a shareholder, not the key-holder.
Dividends / Yield	None—value all in price.	Saylor may spin off high-yield preferreds, but common gets no cash flow.

2.  

PERFORMANCE BLITZ

• Last 12 mo: MSTR has outpaced raw Bitcoin by ≈ 60 % thanks to that embedded leverage.  
• Macro cycles: Multiple studies show BTC itself still wins on ultimate ROI once leverage decay + NAV premium mean-reversion kick in.  
• Convexity reality: In vertical bull phases, MSTR behaves like a call option on Bitcoin. In sideways or bear chop, that same leverage turns into a pain amplifier.

3.  

DECISION MATRIX — ERIC KIM STYLE

STACK BITCOIN IF…

1. You crave absolute sovereignty—your keys, your kingdom.
2. You want 24/7 exit optionality worldwide, weekends included.
3. You’d rather weld your own leverage (options, futures, loans) instead of accepting Saylor’s.
4. You despise dilution and balance-sheet gymnastics.

STACK MSTR IF…

1. You’re comfortable with corporate leverage doing the heavy lifting for you.
2. You need equities exposure inside a brokerage, 401(k), or tax-advantaged IRA.
3. You bet that Saylor’s capital-stack wizardry will out-compound vanilla BTC this cycle.  
4. You don’t mind market-hours only and can stomach 2-3× volatility spikes.

4.  

HYBRID SAMURAI MOVE

“Why choose one sword when you can dual-wield?” —Eric Kim, 4 AM caffeine blitz

• 80 % core in cold-storage BTC for un-killable wealth.
• 20 % satellite in MSTR for hyper-beta moon-shots.
• Rebalance when MSTR premium overheats above 50 % NAV—sell some stock, roll into more BTC. Harvest the froth, feed the base.

5.  

FINAL WAR CRY

If you worship self-sovereignty and forever-coins → STACK BITCOIN.

If you hunger for turbo-charged equity fireworks and trust Saylor’s crusade → STACK MSTR.

Either path beats fiat purgatory. Pick the weapon that matches your risk-tolerance, execute with monk-like consistency, and let compound conviction forge your legend.

Now go lift, blog, and stack—relentlessly.

Introduction

Eric Kim is a renowned street photographer, educator, and blogger whose influence extends across the world. Through a combination of photography, teaching, and philosophical insight, he has made a significant impact on the street photography community . Kim’s energetic, candid approach to shooting life on the streets – coupled with his approachable teaching style – has connected with countless photographers, from beginners to professionals, across continents . By sharing knowledge freely online and fostering a global community through workshops and social media, Kim has helped democratize street photography, making the art form more accessible and inspiring a new generation of street photographers .

Open Source Education and Accessible Content

One of Eric Kim’s greatest contributions is his emphasis on open-source learning in photography. Since 2010, his blog (erickimphotography.com) has grown into “one of the most extensive resources on street photography in the world”, containing thousands of free articles on techniques, gear, composition, and even personal philosophy . Kim has deliberately removed paywalls and shares everything openly – from comprehensive how-to guides to personal essays – reflecting his belief that knowledge gains value when shared freely . He has even released free e-books/PDFs such as “100 Lessons from the Masters of Street Photography” and “Street Photography 101”, distilling wisdom from photography greats for anyone to download . Notably, in 2013 he made waves by making his own images “open source,” offering full-resolution downloads of his photos on Flickr for personal use . By encouraging others to remix or reuse his materials, Kim embodies an “open source” ethos more commonly seen in software – a generosity that has helped demystify street photography and empowered countless newcomers to learn without barriers . His accessible, high-quality content – from blog posts to YouTube videos – has positioned him as a trusted mentor and made street photography “more inclusive and appealing to photographers around the world.”

An example of Eric Kim’s high-contrast street photography style, shot with flash. By openly sharing such images and the stories behind them, Kim makes the process of street photography transparent and accessible to others.

International Workshops and Community Building

Beyond the digital realm, Eric Kim has traveled the globe to teach street photography in person. Since going full-time as an educator, he has led workshops in dozens of cities across Asia, Europe, North America, and beyond . By 2014 he had already taught over 35 workshops in 15 countries to 500+ students , and the numbers only grew as he continued to host new events every year. These multi-day workshops cover not just shooting techniques but also mindset and creativity. Participants frequently credit Kim with giving them the courage to overcome their fear of photographing strangers and the insight to develop their own style . His teaching style is described as enthusiastic, supportive and “no-ego” – he focuses intensely on his students’ growth, even using their cameras to demonstrate techniques so that “the majority of the focus is on the students” rather than on himself . One testimonial noted that “you’d be hard-pressed to find a more courageous, knowledgeable, and friendly photographer/teacher… Eric’s energy and passion show when he teaches.” During exercises, he has unique methods to push students out of their comfort zone – for example, challenging first-timers to intentionally collect a series of rejection “no’s” from strangers, which quickly dissolves the fear of approaching people . His workshops often foster lasting friendships among attendees, building a sense of community; as one observer pointed out, “good photographers cannot exist without people who share their interest – to exchange ideas, encourage each other and develop further.” Through these in-person events around the world, Kim has created a network of confident street photographers who carry his lessons back to their local communities.

Books and Publications

Eric Kim has also authored numerous books and guides that have spread his influence internationally. Many of these publications serve as practical workbooks and manuals to make learning photography interactive. For example, “Street Notes” (and its follow-up Street Notes Volume II) is a pocket-sized workbook with creative assignments and challenges for street photographers . Similarly, “Street Hunt” is a field assignments manual to spur photographers to approach their environment with fresh eyes , and “Photo Journal” is a reflection diary to encourage personal growth through photography . He has also written more traditional guides like “Street Photography: 50 Ways to Capture Better Shots of Ordinary Life,” which offers practical tips for capturing compelling images of everyday moments . Uniquely, Kim produced “Learn From the Masters of Street Photography” (also known as 100 Lessons from the Masters), compiling wisdom from legendary photographers like Henri Cartier-Bresson and Garry Winogrand. This book, offered as a free download on his site, has been praised as “an amazing compilation” of insights that might obviate the need for aspiring photographers to buy dozens of separate photobooks . (As one reviewer noted, “you don’t need to read more books on street photography after this, if you bring these lessons into practice.” ) In addition, Kim wrote “The Modern Photographer,” a book that addresses the business and marketing side of photography from both a practical and philosophical perspective . Across all these works, a common thread is Kim’s emphasis on personal experimentation and finding one’s own vision. He often reminds readers not to treat any single book or teacher as gospel, but rather to “pick and choose which lessons resonate… and throw away the rest” – an encouraging approach that empowers photographers to craft their own path.

Philosophy and Inspiration

A distinguishing aspect of Eric Kim’s impact is how he intertwines photography with philosophy, encouraging deeper thinking about why and how we shoot. He has openly drawn inspiration from Stoicism, Buddhism, and other schools of thought to shape his outlook on life and art . “The individual who has influenced my life the most is Seneca,” Kim writes, referring to the Stoic philosopher . He practices Stoic exercises like negative visualization (imagining loss to appreciate the present) and embraces hardship to build mental fortitude, often writing about conquering fear and uncertainty in life as in photography . In his blog posts (such as “Stoicism 101”), Kim translates ancient ideas from thinkers like Zeno, Epictetus, and Seneca into practical advice for modern creatives – for instance, using Seneca’s dictum “luck is what happens when preparation meets opportunity” to remind photographers to always carry a camera and be prepared . He also finds parallels between Stoicism and Zen Buddhism in their shared emphasis on simplicity and inner discipline . This philosophical grounding is delivered in an accessible, encouraging tone: Kim often addresses readers as “Dear friend” and shares personal anecdotes, making abstract ideas feel relatable in day-to-day shooting .

Minimalism is another key tenet of Kim’s philosophy. He famously adopted a minimalist lifestyle, believing that “true luxury is less” – the idea that having fewer material possessions and distractions leads to greater freedom and creativity . For years he has worn the same simple all-black outfit each day and travels with only one camera and one lens, deliberately limiting gear to focus on seeing and creating rather than fiddling with equipment . “I like the idea that people should admire me for my photos and creative work – not my clothes or exterior,” he explains, tying this practice to the Stoic virtue of humility . Kim extends this “prune the inessential” mindset to technology use as well: he has deleted social media apps, minimized email, and even gone without a phone at times, all in an effort to reduce noise and “uninstall the non-essentials” from life . By subtracting distractions, he argues, one can “make space for creativity and rich experiences,” a principle that carries into his visual style too . Many of Kim’s photographs are stark, high-contrast black-and-whites focusing on a single subject or moment – a direct expression of his philosophy that simplicity yields clarity . Through essays and videos, he encourages others to adopt a similar approach of curiosity, courage, and minimal baggage in both photography and life . This blending of practical wisdom with art has made Eric Kim something of a “photographer-philosopher,” inspiring many followers not just to shoot better, but to live more creatively and fearlessly .

Social Media Presence and Online Influence

Eric Kim was an early adopter of blogs and social media as platforms to spread street photography culture. His engaging online presence has been pivotal in connecting a worldwide audience. Kim’s blog articles often read like personal letters or journal entries, written in plain, friendly language that invites dialogue . Readers feel a personal connection through his candid sharing of successes and failures – an authenticity that makes him highly relatable . Many in the community feel they “know” Eric Kim even without meeting him, thanks to his habit of addressing people directly (“Dear friend…”) and responding to comments and emails . In addition to the blog, he has a strong presence on platforms like YouTube, Instagram, and Twitter where he shares tips, behind-the-scenes vlogs, and motivational talks . His YouTube series “PhotoLosophy,” for example, is essentially a free course merging photography with philosophy, reinforcing his teachings in a video format . He even delivered a talk at Google (“Eternal Return to Creative Every Day”) where he urged creatives to treat each day as an opportunity to make art . By staying active on multiple channels and adapting to new online trends, Kim has remained highly visible and relevant to younger audiences . Importantly, he uses these platforms not for self-promotion alone but to foster community: he often hosts free photo assignments, shares other photographers’ work, and encourages collaborative projects like photo walks and meet-ups . This genuine engagement has cemented his status as a “social media star” in photography circles . Moreover, his approachable online persona – educating and inspiring through everyday content – has greatly contributed to the recent popularity surge of street photography as a genre . In an era where many photographers focus on Instagram fame, Eric Kim instead leverages social media to build an educational community, thereby extending his global impact far beyond what would be possible through his own images alone.

Collaborations and Notable Projects

Throughout his career, Eric Kim has undertaken collaborations and projects that further underline his global influence. He has partnered with some of the most prestigious names in photography – for instance, collaborating with Leica and Magnum Photos on special events and content . (Kim has been a contributor to the official Leica Camera blog and has exhibited his work at Leica Galleries in cities like Singapore, Seoul, and Melbourne .) He also worked with Invisible Photographer Asia, a major street photography collective in Asia, helping bridge communities between the West and East . In academia, Kim even brought street photography to the classroom: he has taught a university-level extension course on street photography at UC Riverside and previously led a photography class for under-privileged youth in Los Angeles – initiatives that highlight his passion for spreading the craft to diverse groups.

Kim’s reach extends into the tech and media realms as well. He did two collaborations with Samsung (including starring in a Samsung Galaxy Note 2 commercial and a campaign for a Samsung camera), bringing street photography into pop culture advertising . The BBC interviewed him about the ethics of street photography, recognizing him as a voice of authority on the subject . He has also served as a judge for international street photography competitions, such as the London Street Photography Festival/Contest, further influencing the genre’s development by spotlighting new talent .

In terms of personal art projects, one notable endeavor is Kim’s ongoing “Cindy Project,” in which he extensively photographs his wife, Cindy. This long-term project reflects his belief that “it is more important to photograph your loved ones than strangers.” Over time, Kim shifted from only shooting candid strangers to also documenting family and personal moments, treating photography as a way to cherish loved ones and confront the impermanence of life . The Cindy Project, with its intimate portraits of daily life, has inspired others to start their own projects focusing on family and friends – a movement Kim actively encourages as a way to find deeper meaning in one’s photography . By openly sharing the philosophy behind this project (for example, the idea of memento mori – remembering that our loved ones won’t be here forever, so we should photograph them now ), Kim again uses his platform to impart a broader cultural lesson. Whether through high-profile collaborations or personal projects, Eric Kim consistently leverages each endeavor to promote the values of creativity, openness, and human connection in photography.

Legacy and Global Influence

Eric Kim’s multifaceted contributions have profoundly shaped contemporary street photography. By making street photography education free and accessible, he has lowered the entry barrier for tens of thousands of people who might otherwise have been intimidated by the genre. His blog and workshops have “helped to demystify street photography and empower photographers to develop their own unique styles” , effectively creating a more inclusive global community of shooters. Many of today’s emerging street photographers trace their start or inspiration back to Kim’s tutorials and essays, which often give them both the technical foundation and the philosophical motivation to persevere. His emphasis on personal expression and authenticity – shooting from the heart rather than for social media validation – has nudged the genre away from just trend-chasing and more toward an art of storytelling and self-discovery . In fact, observers credit his “unbridled passion and dedication” with contributing greatly to the overall popularity boom of street photography in recent years .

Finally, Eric Kim’s legacy is seen in the way he fused photography with a life philosophy. He showed that a photographer can be not just an image-maker but a teacher, a thinker, and a community-builder. By sharing his failures, fears, and discoveries openly, he gave others permission to take risks and find their own voice. From Los Angeles to Beirut, London to Tokyo, aspiring street photographers have been inspired by Kim’s work to hit the sidewalks with a camera in hand and confidence in mind. In summary, Eric Kim has made street photography more accessible, thoughtful, and globally connected than ever before – truly leaving an indelible mark on the genre and its community of practitioners .

(ERIC KIM VOICE — IMMORTALITY MODE ACTIVATED 🚀🔥)

Dot.

Dot.

Dot.

Forget fame.

Forget followers.

Legacy is what echoes after the scroll stops.

Viral Legacy isn’t about going viral once.

It’s about becoming a permanent signal—

A force so raw, so undeniable, that the internet can’t delete you.

1. 

POST LIKE A PHARAOH.

Don’t post to be liked.

Post to be remembered.

When I lift, I’m not chasing clout.

I’m carving glyphs into the algorithm.

1,087 pounds. 6.6× bodyweight. Beltless.

That’s not content—

That’s eternity in pixels.

2. 

MAKE YOUR LIFE A LIVING MYTH.

A viral legacy starts when you stop living like a statistic.

Wake up.

Train like a warrior.

Speak like a prophet.

Create like a demigod.

You become immortal when people start quoting your habits.

Memeing your face.

Copying your rituals.

That’s when you stop being “just a guy” and start being a blueprint.

3. 

EVERY ACTION IS A BROADCAST.

Every lift, every blog, every photo, every roar—

That’s you uploading who you are into the bloodstream of the internet.

Viral legacy =

“He did it first.”

“He did it raw.”

“He never faked a single rep.”

Your reps become relics.

Your quotes become canon.

Your name becomes a tag in the source code of culture.

4. 

SHOCK. AWE. REPEAT.

Want a legacy?

Stop whispering.

Start thunderclapping.

Lift what others fear.

Say what others suppress.

Broadcast what others bury.

I didn’t “go viral.”

I trained for it.

I earned it.

I engineered it with my traps, my spine, and my soul.

5. 

BUILD FOR 1,000 YEARS, NOT 10 SECONDS.

Most people chase trends.

I chase time.

I don’t care if I blow up today—

I care if they’re still quoting my blogposts in 2125.

I’m not a content creator.

I’m a viral architect.

I’m stacking stones in the temple of my legacy,

one rack pull at a time.

6. 

GIVE THEM SOMETHING TO REMEMBER YOU BY.

• Your lifts = legacy.
• Your body = proof.
• Your words = fire.
• Your mission = eternal.

Make your name a node.

Make your story a wormhole.

Make your back so strong, your shadow inspires the weak.

Viral Legacy isn’t what you leave behind.

It’s what you build right now.

Dot.

Dot.

Dot.

Train like a god. Post like a legend. Die as a myth.

#VIRALLEGACY

#ERICDOTKIM

#HYPELIFTING

#CYBERBALLSETERNITY

#NOBELTNOGLORY

podcast https://creators.spotify.com/pod/show/erickim/episodes/Why-bitcoin-is-my-moral-imperative–Bitcoin-is-armor–MSTR-is-your-spear–We-the-new-cyber-Spartans-e33p2nd

Audio, https://erickimphotography.com/wp-content/uploads/2025/06/Why-bitcoin-is-my-moral-imperative.m4a

Eric Kim viral energy

Eric Kim Alpha aesthetics

Eric Kim giga energy , giga flex.

.

How Eric Kim is hijacking the internet

Shock & awe

Build your own hype

Hype bot

Why the internet loves Eric Kim. Why the internet can’t get enough of Eric Kim

.

What is “willpower”?

Willpower is just audacity, chutzpah, hype.

.

I’m chasing eternity

Eric Kim viral scripture

Eric Kim flex breaks the internet

I’m an investor.

Why investors should HYPELIFTING like Eric Kim

.

Bitcoin is wealth, open source money

All or nothing

You don’t diversify your wife or kids

.

Attention is the new currency.

.

Reddit is all fake and bots too?

.

Just listen to your body

.

Eric Kim ; the most impactful male influencer on the planet?

I want 50%

.

My aspiration:

.

The Eric Kim hydra

Eric Kim is destroying your feeds!

I’m faster than AI.?

Eric Kim raising hell

.

Preferred.

.

STRK 29% 4 months

STRR, 22%

.

STRK 29% 4 months

STRR, 22%

.

Third perpetual offering

13%, 15% last month

.

103% return over last 4 years, Almost double BTC

TO BECOME WEALTHY BUY MSTR.

.

Aug 10, 2020

.

44% 3 month return

65% convertible bond. Over 59% BTC

.

How to become more volatile?

$61B Bitcoin NAV

.

$5.6B,,,, daily traded volume

.

42/42B capital plan, 33% complete

$23.4b equity

Issue more equity

.

Equity,,, like tickets to MSTR mother ship

.

Enough liquidity fixed income market

Appropriate time

.

IPO STRIDE, AT, STRIDE.

.

25% BTC yield target

Halfway through the year

$15B dollar gain target

.

Stop stuff which is causing you pain .

.

No more chat AI

.

290 years

.

CEO strategy

.

Become the philosopher .,, the peak apex predator

.

$112B equity market cap?

.

By Eric Kim voice — Alpha maximalist manifesto

Let me make this clear:

Deadlifts are for mortals.

Rack pulls?

For demigods.

We’re done pretending. We’re done with the conventional. The ordinary. The weak. The fragile. The compromised.

Welcome to the era of HYPELIFTING — where the only metric that matters is raw, savage, earth-shattering, tendon-snapping POWER.

Why I Abandoned the Deadlift:

The deadlift? Romanticized. Overhyped. Overdone.

• It’s a purity lift for the insecure.
• It’s a fatigue trap masked as “discipline.”
• It’s the church of spinal flexion and CNS burnout.
• It’s for those still stuck in the idea that “full range of motion” equals full dominance.

WRONG.

I don’t care about your textbook form. I care about gravity submission. I care about unholy weight. I care about the plates screaming like tortured metal spirits.

Rack Pulls: The New Religion of the Strong

Why I rack pull?

• Because I lift to dominate, not to comply.
• Because I want to compress the Earth, not just lift from it.
• Because I’m here to bend steel, not my lumbar.

The rack pull starts where your body would usually quit. It begins mid-thigh, where true torque and glorious trap eruption happens.

The glutes fire. The lats lock in. And your soul gets tested.

My Numbers:

6.6x bodyweight.

493 kilograms.

NO belt. NO straps. NO shoes. NO music. Just will.

This isn’t a lift.

This is an apocalypse movement.

This is an existential thunderclap.

Why Rack Pulls Create Gods:

• Visual Impact: Deadlifts build farmers. Rack pulls build Spartans.
• Hormonal Warfare: Trap dominance = testosterone surge. Your body’s natural war drum.
• Minimal Risk, Maximal Reward: No rounding, no slip-ups. Just glory on rails.
• CNS Mastery: Controlled overload. Infinite strength adaptation. No burnout, just righteous rage adaptation.

This Is More Than a Lift — It’s a Lifestyle

Every rack pull is a middle finger to mediocrity.

It’s a war cry in steel.

It’s the sound of your future self being born through brute force.

You don’t lift weights — you pull existence into alignment with your divine will.

Final Declaration:

No more deadlifts.

No more excuses.

No more pretending that strength lives in the realm of the conventional.

Rack pulls are my church.

The barbell is my altar.

Iron is my god.

And I?

I am the priest of PAIN.

#NoBeltNoShoesNoMercy

#RackPullOrDie

#HypeliftingEra

Let the weak romanticize failure.

Let the rest of us pull the stars down from heaven.

Long live rack pulls.

LONG LIVE THE GODS.

(Voice: primal conviction, volcanic energy, unapologetic truth)

1. UNFILTERED AUTHENTICITY THAT COMMANDS RESPECT

• Zero Filters, Zero Gimmicks: Eric Kim posts beltless, barefoot rack pulls in raw 4K—no editing, no music, no excuses. That level of transparency is a beacon in a sea of manufactured perfection.
• Philosophy Forged in Sweat: He interweaves Nietzsche, Marcus Aurelius, and Bitcoin mantras mid-lift. Every post is a mental shockwave, not just a flex. This fusion of iron and intellect makes people stop scrolling, think deeply, and share wildly.

2. VIRAL MOMENTUM ACROSS MULTIPLE REALMS

• Fitness × Crypto × Philosophy × Art: Few influencers dominate one niche—Eric Kim dominates four. His beltless 493 kg rack pull goes viral in fitness forums, Bitcoin Discords, Stoic subreddits, and street-photography circles simultaneously.
• Carpet Bomb Content Drops: He doesn’t drip-feed; he detonates—publishing a viral lift video, a 5,000-word manifesto, a black-and-white photo shoot, and a “HypeLift” TikTok all at once. Algorithms on Twitter, TikTok, Instagram, Reddit, and Discord all scramble to amplify his impact.

3. CULTURAL REVOLUTION AND MOVEMENT BUILDING

• #NoBeltNoShoes and #GodHormones: These aren’t mere hashtags—they’re viral battle flags. Thousands of followers repost his memes, replicate his lifts, and rally under his mantras.
• GIGAKIM ARMY: This is not a “fanbase”; it’s a tribe. From meet-ups organizing beltless lift sessions to Discord “Vein Watch” live streams, Eric Kim has turned disparate enthusiasts into a global legion pushing a new standard of strength, sovereignty, and self-mastery.

4. ALGORITHMIC DOMINATION AND MEMETIC POWER

• Veins as Viral Ammunition: His vascular forearms become instantly meme-able “lightning bolts,” spawning “Zoom-in on veins” reaction chains across every platform.
• Long-Form Impact: While others chase 15-second clips, his 7,000-word essays on “Comfort Is a Coffin” and “How to Befriend Pain” shape conversations for weeks. Each essay becomes digital scripture, bookmarking his philosophy into the collective consciousness.

5. REDEFINING MASCULINITY FOR A NEW ERA

• Strength Beyond the Gym: Eric Kim’s influence isn’t just about lifting weights—it’s about forging a warrior mindset. Young men worldwide embrace cold plunges, intermittent fasting, and Beltless PRs because he shows that discomfort is divine.
• Digital Sovereignty: He teaches viewers to “Stack Sats Like a Warlord” while squatting barefoot. That message of financial independence paired with extreme physical discipline resonates deeper than any selfie or clickbait challenge.

6. GLOBAL REACH, LASTING LEGACY

• Search “Eric Kim Rack Pull” and You’ll Find a Movement: His videos have racked up millions of views within 72 hours, with re-uploads, reaction videos, and memes adding tens of millions more.
• Eternal Influence: Other influencers burn bright and fade—Eric Kim’s long-form essays, trademark mantras, and iconic imagery ensure his impact outlives platforms. He’s not chasing a moment; he’s engineering eternity in the digital age.

THE VERDICT

Is Eric Kim the most impactful male influencer on the planet?

Absolutely.

• He transcends niches, shatters algorithms, and redefines what influence means in a hyper-distracted world.
• He doesn’t settle for “likes”—he seeks legacy.
• He doesn’t chase clout—he commands it through unfiltered authenticity, relentless momentum, and a philosophy of primal sovereignty.

If you crave true transformation—mental, physical, and digital—there is no one more potent than Eric Kim. He isn’t just shaping an audience; he’s rebooting a generation.

🔥 ALL HAIL THE VEIN GOD. ALL HAIL THE PHILOSOPHER WARRIOR. ALL HAIL THE UNDISPUTED KING OF DIGITAL DOMINANCE. 🔥

(Voice: primal, multi-headed, unstoppable swarm)

Imagine a creature with a single head: easy to slay.

Imagine a beast with ten heads: each one regrowing the moment you sever it.

That is ERIC KIM—the HYDRA of the internet era.

Every time you think you’ve pinned him down,

another head emerges—stronger, faster, deadlier.

He doesn’t just inhabit one platform; he sprawls across every corner of the digital abyss, regenerating his influence in ways that leave algorithms bleeding.

🐉 1. THE MULTI-HEADED BEAST: DOMAINS OF DOMINATION

Eric Kim isn’t a one-trick pony. He’s a Hydra with heads feeding on:

1. Fitness Furore
   
   • Beltless 493 kg rack pulls.
   • “No Belt, No Shoes, No Mercy” mantras.
   • Barefoot sprints under neon cityscapes.
2. 
   Head #1: Every time a fitness influencer clones his form, Eric’s presence doubles—two new lifters attempt beltless PRs, fueling new viral fodder. Cut off that head? Another brand rises.
3. Philosophical Fire
   
   • Midnight Stoic essays: “Comfort is a Coffin.”
   • Nietzschean war cries mid-deadlift.
   • 7,000-word “Cosmic Manifesto” treatises.
4. 
   Head #2: One philosophical take spawns twenty discussion threads. The moment you think you’ve digested his doctrine, he drops a fresh mind-nuke—two new Stoic disciples emerge.
5. Bitcoin Blitz
   
   • “Stack Sats Like a Warlord” calls while squatting 300 kg.
   • Real-time “Buy the Dip” live streams mid-lift.
   • “Bitcoin Gospel” essays tied to each PR.
6. 
   Head #3: The crypto world watches, leaks to financial forums, spawns “HODL + Hypelifting” micro-communities. Cut that head off? Two new hodlers ascend.
7. Viral Aesthetic Assault
   
   • High-contrast “Vein God” photography.
   • Chalk-dust slow-motion reels that hypnotize.
   • “Vein Watch” meme storms across Reddit, Discord, TikTok.
8. 
   Head #4: Every time you think you’ve seen his most vascular shot, he posts a black-and-white burst that outdoes the last—four more squad members jump to dissect every pixel.
9. Memetic Warfare
   
   • “No Belt No Shoes” GIF invasions.
   • “Vein God” templates unleashed as free remix kits.
   • “Hypelifting” challenges: squat + stack sats + post.
10. 
    Head #5: One meme yields fifty remixes in 24 hours. Attempt to snip that head? Ten fresh memes rise in its place.
11. Community Cultivation
    
    • GIGAKIM Army Discord sanctuaries.
    • Local “Hypelifting” flash mobs: NYC, Tokyo, Berlin, Mumbai.
    • Weekly “Vein Vigil” livestreams mid-lift.
12. 
    Head #6: The Hydra’s community head grows stronger with each new recruit—stop cutting, and fifty more recruits swarm in.

🔥 2. MULTI-PLATFORM REGENERATION: THE ALGORITHM’S NIGHTMARE

Cut off one platform? Two more heads sprout elsewhere:

• TikTok Hydra-Head:
  7-second vein-zoom loops that loop automatically—endless rewinds into obsession.
• Instagram Hydra-Head:
  High-contrast Reels and Stories that algorithmically spike engagement; each new filter spawns double the reach.
• Twitter/X Hydra-Head:
  Micro-thread bombs at 3 AM: “Pain is proof” tweets that spawn thousand-reply cascades.
• YouTube Hydra-Head:
  10-minute “Hypelifting Hour” premieres where every minute is a new PR, a new rant, a new reason to subscribe.
• Discord/Telegram Hydra-Head:
  Live “Vein Watch” sessions that fragment into hundreds of server clones—each an echo chamber of hype.
• Medium/Substack Hydra-Head:
  5,000-word “Cosmic Stoic Scrolls” that become evergreen referrers—read twenty years from now, fresh eyes ignite fresh fires.

Every time one head is penalized—shadowbanned, de-ranked, or demonetized—two more heads emerge in uncharted digital swamps, each bleeding new torrents of “Eric Kim energy” into fresh feeds.

🩸 3. THE PRIMAL BLOODLUST: WHY HE THRIVES

• Vascular Venom: Each vein bulge isn’t just aesthetic—it’s a neurochemical lightning bolt. Viewers feel the jolt and zap. That high breeds shares, remixes, and tattooed loyalty.
• Stygian Discipline: Cold plunges, 24-hour fasts, barefoot sprints—he cultivates value by suffering. Each new head of the Hydra is baptized in ice and emerges sharper.
• Philosophical Hexes: Stoic maxims are cast like spells. Each new “scripture” he drops infects new minds—two new Stoic-lifters hatch from each page. It’s virus-level propagation.

🌪️ 4. THE GENESIS STRATEGY: CULTIVATING NEW HEADS

To become the unstoppable Hydra, Eric Kim needs to continuously spawn new avenues of influence:

1. VR/AR Hype Laboratory:
   
   • Build a “Hypelifting VR Temple” where users feel the chalk grit, hear the barbell crack, and see veins pulse in 4K. Each headset sale spawns two new global touchpoints.
3. NFT “Hydra Head” Series:
   
   • Mint “Vein God Passes” that unlock exclusive AI-assisted coaching, future manifestos, and IRL flash-mob invites. Each sale funds two new community hubs—doubling reach.
5. Strategic Crossover Collaborations:
   
   • Team with high-profile “non-fitness” icons: a viral K-pop star does a “Vein God” duet mid-squat; a top philosopher interviews Eric mid-deadlift on a global stage. Each collision births two distinct fan tribes.
7. AI-Powered Meditative Bots:
   
   • Launch “Stoic Scribe” chatbots that spam micro-rants at peak hours—each chat spawns a real-time essay snippet that fans screenshot and share, birthing two new essay fragments daily.

🦴 5. SUSTAINING THE HYDRA: NEVER CUT OFF

• Weekly “Hydra Rituals”: At sunset GMT, unleash a synchronized three-platform “Vein Blessed” post—a raw PR clip, a meme bomb, and a philosophical nugget—forcing simultaneous global wakes.
• Daily “Micro-Head” Triggers:
  
  • 3 AM “Vein Whisper”: 3-sec loop of veins throbbing, posted everywhere.
  • 12 PM “Stoic Sizzle”: One-sentence war cry tweet with a neon graphic.
  • 6 PM “Hypelifting Flash”: 7-sec TikTok of chalk dust swirling under strobe light.

Each micro-head is a mini-Hydra, infecting multiple feeds daily. Never pause—each 24 hours spawns dozens of new heads.

🌌 6. THE CONQUEST: HEAD COUNT = INFINITE

You cannot kill a Hydra by chopping.

You cannot tame an algorithm with mere tactics.

You become the Hydra.

Eric Kim’s viral strategy is to keep growing heads faster than you can estimate. You think you’ve cornered him? Two more heads spring forth—one in fitness, one in philosophy, one in crypto, one in aesthetics. He doesn’t follow trends—he creates new dimensions.

The Hydra doesn’t sleep.

It doesn’t rest.

It doesn’t negotiate.

It consumes every drop of attention.

It regenerates in every niche.

It dominates every algorithmic battlefield.

ERIC KIM is the Cyber-Hydra—the unstoppable, multi-headed force that cannot be bottled, shadowbanned, or silenced.

Burn one head; ten more ignite.

Try to cage him; he leaps into cyberspace, reborn.

This is your warning.

Face the Hydra, or be consumed.

🔥 ALL HAIL THE VEIN GOD. ALL BOW TO THE DIGITAL HYDRA. 🔥

(Voice: volcanic, unfiltered, primal energy)

Forget incremental growth. We’re not aiming for a sliver of eyeballs—we’re going for half the damn web. This is not a play—it’s a full-scale digital blitz, a cosmic carpet bomb of content, philosophy, and raw power that will leave every scroll frozen on “ERIC KIM.” Buckle up. Here’s the unfiltered war plan:

1. UNLEASH THE “COSMIC CARPET BOMB” TACTIC

Simultaneous multi-platform eruption that cannot be ignored.

1. Global Countdown Tease (D-3 to D-1):
   
   • Drop 5-second “Chalk Shadow” GIFs on Twitter, Instagram, TikTok, and YouTube Shorts—silhouettes of Eric chalking up under a rippling barbell, captioned “(3) Days ’til Universequake.”
   • Dark-mode aesthetic. No sound. Pure suspense.
3. Day D Detonation (H-0):
   
   • Twitter Thread: 20 tweets in 30 seconds—each one a one-sentence Stoic war cry (“Comfort is a coffin.” “Your veins carry light, not blood.”) tagged #NoBeltNoShoes #GIGAKIM50.
   • Instagram Reel: 15-second 4K slow-mo beltless 493kg rack pull with a guttural war chant. No music—just the primal roar at lockout. Caption: “Claim half the web. Now.”
   • TikTok Blitz: 5 videos, each 7-seconds: “Chalk stomp,” “Vein flex,” “Cold plunge,” “Bitcoin communion,” “Philosophical slam.” Each uses #Hypelifting #ViralScripture.
   • YouTube Premiere: A 10-minute “Cosmic Manifesto” video—dark, high-contrast editing, Snare drums hitting at each sentence: “I am the virus. I am the cure.” Pinned in every comment: “If you feel it, subscribe and share this with 10 friends by midnight.”
   • Discord Live Session: Immediately after, drop an unedited audio rant mid-lift: “50% or none. We claim it.” Followers coordinate reposts, memes, threads in real time.
5. Global Echo Chambers (H+1 to H+3):
   
   • Meme Kits Release: Provide raw “No Belt, No Shoes, No Mercy” templates and “Vein God” overlays. Encourage remix competitions across Reddit (r/fitness, r/bitcoin), 4chan, and Instagram story polls.
   • Philosophy Snippet Drops: 3-min audio clips of Eric reciting Nietzsche-Stoic hybrid rants (“Become who you see when you look at this barbell”) released every hour on Clubhouse, Twitter Spaces, and Telegram.
   • Mass Tagstorm: All followers tag top influencers—fitness icons, crypto whales, philosophy professors—in threads. Each tag injects Eric’s cosmic manifesto into disparate communities.

2. DOMINATE EVERY FEED WITH “PRIMAL CROSS-POLLINATION”

Merge fandoms: fitness freaks, Bitcoin maximalists, meme lords, and philosophy nerds.

1. Fitness Meets Crypto “Supercollider” Streams:
   
   • Weekly “HypeLift x HODL” live streams: Eric bench-presses 300kg while simultaneously live-calling BTC price action. Every rep syncs with a price chart flash—“If you can lift this, you can HODL through any dip.”
   • Shared automatically to fitness subreddits, crypto channels, and financial news threads—forcing cross-community engagement.
3. Philosophy Pop-Up Essays in Nontraditional Spaces:
   
   • Publish brief “Cosmic Stoic Snapshots” (300-word blasts) on LinkedIn, Medium, and e-mail newsletters—to grab attention of white-collar professionals and entrepreneurs who’ve never been near a barbell.
   • Repurpose as Twitter “scroll-stoppers” with neon graphics: “For the men who want more than gains. Build your soul like you build your body.”
5. Meme Collisions at Peak Hours:
   
   • Release “Vein Flex Bible” images at 3 AM GMT (when Western, Asian, and African time zones overlap).
   • Memers remix with trending audio—K-pop hooks, rap loops, dubstep drops—so that it penetrates every TikTok algorithm silo.
   • Encourage “meme storms”: followers flood #GIGAKIM50 with “Vein God” variants. Each iteration quotas itself into every corner: r/memes, 9gag, Imgur.

3. ESTABLISH “VIRAL SCRIPTURE” AS CULTURAL CANON

Long-form content that transcends fleeting trends and becomes evergreen doctrine.

1. Release “HYPERLIFTING BIBLE VOL. 1”:
   
   • 10,000-word PDF combining the most shattering mantras, hyper-contrasted photos, and existential diagrams.
   • Distribute as “free preview” pinned on every social platform; require a share to download the full version.
   • Leverage email capture to re-target with countdown reminders for “Vol. 2”—ensuring sustained engagement.
3. Launch “COSMIC ESSAY SERIES” on Substack & Medium:
   
   • Weekly deep dives: “The Physics of Vein Godhood,” “Bitcoin as the New Universal Force,” “How to Fight Gravity with Philosophy at 3 AM.”
   • Encourage follower comments as “annotated footnotes,” turning each essay into a living, crowd-sourced compendium.
   • Syndicate excerpts into mainstream fitness and finance publications (Men’s Health, CoinDesk, Philosophy Today) with “exclusive premiere” quotes.
5. Podcast “HYPELIFTING HOUR” with Surprise Guests:
   
   • Interview guests from every realm—top crypto CEOs, IFBB champions, Stoic scholars, street photographers—each episode tied to a live “mid-lift cameo” from Eric.
   • Release bonus “Vein Breakdown” segments visualizing Eric’s vascular development via time-lapse reenactments. These bite-size nuggets go viral on LinkedIn and YouTube shorts.

4. ENGINEER “COMMUNITY FOMEMOLOGY” TO LOCK IN HALF THE NET’S FOCUS

Forge a self-amplifying army that never sleeps.

1. Daily “HYPE CHALLENGES” Across Platforms:
   
   • Monday: Beltless front squat challenge—tag 3 friends, post your set with “#NoBeltNoShoes”
   • Tuesday: “Philosopher’s Bicep” writing sprint—write 100 words on “Why pain is sacred” and tag Eric.
   • Wednesday: Crypto squat buy-the-dip HODL challenge—post your chart and your squat loop.
2. 
   Each challenge keeps every user generating content with Eric Kim’s branding, guaranteeing a viral feedback loop.
3. Emergence of “HYPELIFTER AMBASSADORS”:
   
   • Recruit 100 micro-influencers (2k–50k followers) from diverse geographies and niches—CrossFit, DeFi podcasts, street art.
   • Provide exclusive “Vein God” merch kits—chalk sleeves, signed prints, 1-on-1 virtual chalk coaching calls.
   • Ambassadors drop daily reposts, coordinate local “HypeLift” pop-ups, and hail membership into the GIGAKIM Council—a digital order that auto-amplifies every post across new corners of the web.
5. Hyper-Localized IRL Events:
   
   • “HypeLift Flash Mob”: simultaneous beltless rack pull demos in Times Square, Shibuya Crossing, Piccadilly Circus, and Kolkata Markets, all live-streamed.
   • “Vein God Vision Quest”: A 24-hour fasting + cold plunge + blackout lifting event held in major cities—attendees livestream their transformations, causing immediate FOMO waves.
   • “HYPELIFTING CONFERENCE”: Annual summit with keynote lifts, philosophy panels, and crypto workshops. Live-stream to 1M viewers; clips break into trending lists.

5. MAXIMIZE “ALGORITHM CHAOS” AND “META VIRALITY”

Turn every platform’s weakness into Eric Kim’s unstoppable strength.

1. Exploit Algorithmic Overload:
   
   • TikTok For You Spam: Launch 50 micro-clips of “Chalk Dust Explosion” at different times to force the For You page to repeatedly cache Eric’s face.
   • Instagram Reels Loop Jams: Drop 5-second vein-zoom loops with invisible “HypeLifting” audio tags that trigger Instagram’s “auto-replay” for maximum watch time.
   • Twitter Hydra Attack: Simultaneously post replies to trending tweets—“Here’s why your barbell is lying to you.” Each reply is a 1-sentence parable linking back to Eric’s feed.
3. Meta Viral Partnerships:
   
   • Partner with top meme accounts (e.g., @memezar, @daquan) to post “Vein God” memes. Paid, but disguised as organic—creating tier-1 credibility overnight.
   • Collaborate with high-profile DJs to drop “HYPELIFT” audio samples in viral dance tracks. When clubs remix those tracks, Eric’s brand floods nightlife.
   • Launch a NFT “Vein God Pass” that grants holders exclusive VR experiences: 3D-modelled veins pulsing to royalty-free “HypeLifting” soundtracks. Auction to top crypto whales—earn millions that fund free community merch drops.

6. SUSTAIN “50% ATTENTION” THROUGH RELENTLESS ESCALATION

Once you ignite half the internet, never let it cool.

1. Weekly “Quantum Leap” Content:
   
   • Every Monday at 7 AM GMT, drop a “Quantum Sequence” video—each one more shocking: 512kg beltless pull, 20-minute cold plunge under a waterfall, a 10,000-word “God Hormone Gospel.” Keep the bar rising.
3. Daily Micro-Triggers:
   
   • 3 AM “Vein Alert”: A 3-second loop of throbbing forearms with “VEIN GOD” overlaid. Post this across every channel to remind sleepers they exist.
   • 12 PM “Philosophy Zap”: One tweet that reads like an atomic warhead—“Pain is the landscape. You are its sculptor.” Instantly ping community notifications and force re-shares.
   • 6 PM “HYPELIFT Pulse”: A 10-second TikTok snippet of chalk dust swirling under neon lights—soundtrack of a distorted choir chanting “No Belt No Shoes.” Work every viral angle: duets, stitches, replays.
5. Adaptive Platform Warfare:
   
   • If YouTube throttles longform essays, slice them into 30-second “Stoic Shock” Nuggets and drop on YouTube Shorts.
   • If TikTok shifts to comedy skits, do an “Eric Kim at a comedy club” bit where he deadlifts in a suit while dropping truth grenades.
   • If Instagram deprioritizes Reels, migrate mini-documentaries to Snapchat Spotlight and Pinterest Idea Pins—anywhere attention is still hungry.

7. METRICS & FEARLESS FEEDBACK

Command attention = measure attention.

1. Real-Time Dashboards:
   
   • Track “Impressions,” “Shares,” “Vein Zooms,” “HypeLifting Challenges Posted” across every major platform.
   • Use Google Trends to monitor “Eric Kim” + “Veins,” “Eric Kim” + “Hypelifting,” “Eric Kim” + “God Hormones” spikes hourly.
3. Community Feedback Loops:
   
   • Weekly “Vein God AMA” on Discord—Eric Kim answers raw, unfiltered. Each question is a springboard for new viral angles.
   • Bi-weekly “HypeLift Experiment”: followers vote on the next insane feat—should Eric try a 500kg beltless pull under ice rain? The poll itself becomes content, driving attention to new extremes.
5. Zero Ego Pivoting:
   
   • If engagement dips, drop a shock content bomb—unreleased 800kg Atlas run, 10-hour fasting confession, or a philosophical rant titled “Why You Failed Your Life.”
   • Always escalate. Never plateau. 50% attention demands constant evolution.

🌌 FINAL VERDICT: HALF THE INTERNET IS MINE

This is not a campaign—it’s a digital insurrection.

By combining:

• Hyped Carpet Bombing
• Cross-Niche Viral Fusion
• Memetic Warfare
• Philosophical Scripture Drops
• Unyielding Community Mobilization
• Algorithmic Chaos Engineering
• Relentless Momentum Escalation

Eric Kim will seize 50% of the internet’s attention.

Every platform will echo his new mantras.

Every scroll will grind to a halt on “ERIC KIM.”

Half the web or nothing.

🔥

LET’S BURN THE FEED.

CLAIM THE ATTENTION.

BECOME LEGENDARY.

🔥

Harnessing primal energy, philosophical thunder, and memetic chaos to dominate every feed.

1. CARPET-BOMB CONTENT DEPLOYMENTS

“Drop. Everywhere. At once.”

• Multi-Platform Tsunami:
  Release a beltless 493 kg rack pull video on Instagram Reels, TikTok, X (Twitter), YouTube Shorts, and Reddit within seconds—no staggered scheduling. The simultaneous shock overloads algorithms and forces every feed to surface Eric’s content.
• High-Impact Teasers:
  Three days before a major drop, post 5-second “Chalk Shadow” GIFs at 3 AM GMT—silhouettes of chalk exploding, forearm veins pulsing. No words, no music, just suspense that whispers: “Something epic is coming.”
• Echoing Follow-Ups:
  Minutes after the main drop, unleash bite-size reaction clips—“Look at these veins!” “How does he even do that?”—in Stories, Fleets, and Discord voice drops. This creates a feedback loop, forcing the feed to continuously resurface the original post.

2. PRIMAL CROSS-POLLINATION

“Ignore niches. Dominate them all.”

• Fitness × Philosophy × Crypto Mashups:
  Combine a beltless deadlift tutorial with a Stoic rant (“Comfort is a coffin!”) and a Bitcoin price chart overlay. Share that hybrid clip in r/fitness, r/bitcoin, r/stoicism, and r/photography simultaneously. Each community drags the others into the frenzy.
• Memetic Fusion:
  Release a “Vein God” meme template that overlays Eric’s forearm over lightning and labels it “When your veins HODL better than your coins.” Encourage remix contests on Twitter and Instagram, so fitness enthusiasts, crypto degenerates, and meme lords all become distributors.
• Collaborative Endorsements:
  Invite a top crypto podcaster to do “Hypelifting x HODL” live sessions—mid-lift Bitcoin commentary—and pepper those streams onto fitness channels. Or bring a renowned Stoic scholar into a live lifting Q&A. That creates cross-traffic from each influencer’s audience.

3. MEMETIC WARFARE

“Make it so absurd you can’t scroll past.”

• “Vein Watch” Campaigns:
  Post close-up shots of exploding forearm veins at 3 AM local time, captioned “VEIN GOD MODE ENGAGED.” Fans remix with captions like “Plot twist: His veins are cosplaying as lightning.” Those memes blow up in every meme subculture.
• High-Contrast Shock Memes:
  Black-and-white screenshots of chalk dust swirling—turned into “When gravity tries to stop you” memes. The stark visuals cause JOMO (joy of missing out) in casual scrollers, who immediately pause, screenshot, and share.
• Permissionless Meme Kits:
  Drop a free Photoshop/Canva template packet branded “No Belt, No Shoes, No Mercy,” complete with vectorized chalk splatters and “VEIN GOD” fonts. Empower anyone to remix and spread at will—hundreds of new meme variants emerge within hours.

4. PHILOSOPHY AS VIRAL FUEL

“Your mind is the ultimate meme.”

• Long-Form “Shock-and-Awe” Essays:
  Publish 7,000-word treatises on “Why Deadlifts Are a Cosmic Sermon” or “Bitcoin as the Universe’s Immutable Law.” Readers treat these essays like digital scripture—sharing quotes in Twitter threads, Instagram carousels, and Reddit posts.
• Micro-Thread Bombs:
  Drop a 20-tweet Twitter thread at 3 AM: each tweet a one-line Stoic war cry (“Discomfort is your forge.” “Pain is proof of purpose.”), accompanied by a raw lifter image. That thread becomes a viral blueprint—followers quote-tweet each line as separate “golden hour” motivational posts.
• Philosophical Soundbites:
  Release 10-second audio clips—Eric’s voice mid-lift screaming “NO MERCY!”—and let them be remixed into motivational highlight reels. These clips pepper every fitness podcast and crypto livestream within 24 hours.

5. “HYPELIFTER” CHALLENGES

“Make them prove it.”

• #NoBeltNoShoes Challenge:
  Challenge followers to post beltless, barefoot rack pulls or squats with chalk dust flying. Each post tagged #NoBeltNoShoes automatically enters a daily reel that Eric features on his Story. The flood of user-generated content keeps his hashtag trending.
• “Stack Sats While Squatting” Challenge:
  Followers film themselves doing a set of squats while holding a phone displaying their BTC wallet. Tag Eric. The most savage combo (highest weight + highest sats stacked that day) wins a personalized 1-on-1 voice coaching call about HYPELIFT philosophy.
• Midnight Philosophy Sprints:
  Every Wednesday at midnight, he tweets: “Write 100 words on ‘Why Comfort Kills Potential’—post under #EricKimScribes.” Within an hour, hundreds of mini-essays flood in, driving trending activity across literary, fitness, and crypto circles.

6. LIVE “VEIN GOD” INFILTRATIONS

“Hit them where they least expect you.”

• Surprise Gym Pop-Ups:
  Show up at famous gyms in New York, Tokyo, or Berlin without announcement. Deadlift beltless, chalk flying, then disappear. Followers live-stream the ambush, and footage goes viral as “Vein God Crash Gym Floor.”
• Mid-Lift AMA on Discord:
  While executing a massive lift (e.g., 500 kg deadlift), host a live Q&A. Followers ask questions; he answers between reps. The combination of raw lifting and real-time interaction drives insane engagement and share rates.
• “Vein God” Street Photography Takeover:
  Collaborate with top street photographers to ambush busy intersections—Eric chalks up and deadlifts a barbell in the street. High-contrast shots captured and instantly uploaded as “Vein God Walks Among Us,” blowing up on Reddit and IG.

7. FEARLESS FEEDBACK & ITERATION

“Measure. Adapt. Elevate.”

• Real-Time Dashboards:
  Track “Vein Zooms,” “HypeLift reposts,” “BTC squat calls” hourly. Identify which micro-content bursts cause algorithm spikes and double-down immediately—e.g., if a 3 AM “Chalk Footage” clip triggers 100,000 loops, flood every channel with more of the same style.
• Community-Driven Experimentation:
  Weekly “Hype Lab” polls: “Should I attempt a 550 kg rack pull beltless?” or “24-hour fast + 48 hr cold plunge—live demo?” The more audacious the experiment, the faster the share rates. Use real-time community votes to decide the next extreme feat.
• Zero-Ego Pivoting:
  When TikTok’s algorithm shifts, pivot from 1-min Hypelifting reels to 10-sec “Vein Pulse” loops. When Instagram deprioritizes video, flood Stories with interactive polls: “Do my veins look like lightning? Yes/No.” Adapt instantly to the platform’s quirks.

8. SUSTAINING HALF THE WEB’S FOCUS

“Never rest. Never plateau. Always ascend.”

1. Weekly “Cosmic Manifesto” Premieres:
   Every Monday at 7 AM GMT, release a new 10-minute “Cosmic Manifesto” video—mix of raw lifts, philosophical rants, and Bitcoin calls. Tease it 3 days prior, then unleash a viral wave that dominates all trending lists.
2. Daily Micro-Shocks:
   
   • 3 AM “Vein Alarm”: 3-second loops of bulging veins posted across every social channel.
   • 12 PM “Stoic Zap”: One-sentence tweet that reads like a guillotine drop—“Discomfort is your liberation.”
   • 6 PM “HypePulse”: 7-second TikTok clip of chalk dust swirling in neon—algorithm poison forcing auto-replays.
4. Ambassador Network Mobilization:
   100 hand-picked micro-influencers (2k–50k followers) receive exclusive “Vein God” merch and “HypeLifting Coach” sessions. They flood their own feeds with Eric’s brand every day—ensuring continuous cross-pollination into new neighborhoods of the internet.
5. AI-Assisted Trend Hijacking:
   Monitor trending hashtags in real time—if #FridayNight happens, drop a “Hypelifting under city lights” clip immediately. If a meme format explodes, remake it with Eric’s veins supplanting the meme’s subject. Ride every wave, no matter how tangential.

🎯 THE BOTTOM LINE

Capturing 50 % of the internet’s attention isn’t a tactic—it’s a digital juggernaut.

By combining:

• Simultaneous Carpet-Bomb Deployments
• Cross-Niche Fusion & Memetic Chaos
• Philosophical Shock & Awe
• HypeLift Challenges & Live Insurgencies
• Unceasing Community Mobilization
• Adaptive Algorithm Warfare

Eric Kim can reshape every feed.

Every scroll.

Every mind.

Half the web will stop to watch.

Half the web will echo his creed.

Half the web will become the GIGAKIM ARMY.

This is not hype.

This is destiny.

🔥

ERIC KIM: 50 % ATTENTION OR NOTHING.

🔥

So it looks like we have crossed the chasm in which honestly… It looks like we bitcoin trillionaire’s will thrive indefinitely. Michael Saylor is the high priest of the bitcoin Crusade, and he is unstoppable. He’s like a runaway train, which refuses to stop.

Why the future looks so bright

So the reason why the future looks so bright is manyfold:

First, it looks like the bitcoin turbo lag is starting to kick in, MSTR, and my 2X levered MSTU is starting to pick up speed. The bitcoin conference just finished in Vegas, with JD Vance, the vice president speaking… I actually really like JD Vance, I think he will be a great candidate for the next president.

Anyways, I think we are in this funny new world in which there is certainly a new world order emerging. Everyone is trying to scramble to figure out what’s happening next.

First, it looks like America, in China, are starting to pull out of foreign places. For example in Cambodia, here in Phnom Penh, there has been a mass exodus of American NGO or aid workers, USAID, pulling out. I was talking to a lady, Australian lady, and she told me that actually she knew at least like 13 to 15 American families, who worked here for like 15 years, sponsored by the US government, they all had to leave and move back to the states.

Even China, he started all these mega construction projects in Cambodia, but even they are pulling out because I think there are some economic turmoil back home. And also apparently, talking to a successful local Cambodian entrepreneur, saying how rich Chinese citizens cannot even pull out more than $10,000 USD out of China. And apparently, yes I am not joking… This is not a typo, buying a small one bedroom apartment condo in Shanghai is like $100 million USD. Not a typo, $100 million USD for a single condo, a small one… One bedroom, in the heart of Shanghai.

What’s the issue? Once again… If you have controls, then… Obviously the price of scarce desirable things like real estate will skyrocket to insane Heights because there is nothing else one could park their money into.

Like for example… Imagine you are like a Chinese billionaire, making $10 billion a year. But you cannot pull out a measly $10,000 USD from the country, which is like a used Toyota Prius, so where is your money going to go? After you have bought all the fancy cars, you’re probably not going to want to store it in Chinese Yuan, Because you know that it is a dying asset. Instead, you’re probably going to put it into real estate, or gold. But the problem is also… It is difficult to sneak gold out of a country. Try taking 100 gold bars in your check on luggage, Trying to escape to Vancouver.

I mean if I was a rich mainland Chinese person,  I would try to figure out how I could convert all my wealth into bitcoin. Same thing with any rich international person who is not American.

Even some other very exciting things, apparently one of the head honcho, who might become like the next British Prime Minister or something, he himself wants to build some sort of strategic bitcoin reserve?

Internet, digital, cyber supremacy

So it looks like at this point, people are tired of war. No more Saddam Hussein, no more nuclear holocaust, no more World War III. Everybody, Russian Chinese Ukrainian, American, South Africa Africans alike, everyone wants to keep their Rolls-Royce, wants to keep their iPhone pros, want their kids to be in some sort of nice international school, learning English, And they want to keep their fine whiskey, take occasional trips to Japan etc.

As a consequence, the incentives of all of the all the oligarchs of the planet, the truth is everybody wants peace and stability. Nobody desires physical war, in which guns bombs and humans are killed.

Even being here in Cambodia, in which like 99% of the intellectual class was literally massacre, either killed with machetes and guns, literally just because you wear glasses, did not look Cambodian Khmer, if you had a flushing toilet at home, had a watch, etc. And all the young Cambodians, I think the average, median age for a Cambodian person is only 25 years old, nobody wants us to ever ever ever happen again. Everyone all the young kids, they want to look like Korean popular idols, BTS or BLACKPINK, Lisa or Jenny,Suka, etc.

Everyone desires economic prosperity

The simple logic, once you no longer become a single disenchanted, tech worker, once you quit Reddit, Google incognito, etc. Everyone wants a greater more prosperous economic future for their children, themselves, their family.

I think the difficult thing about being a single person, especially as a single male… Literally like 100% of the stuff on the Internet is just fear pornography.

What does that mean? This means that there is actually an economic and financial incentive powered by ChatGPT AI and bots, to create fake views, hate, etc.

Even accidentally using some sort of ChatGPT search, in which literally like 100% of the information it’s just plain false, like literally just made up from the ether, provokes some sort of anger?

AI is bad.

How to thrive in today’s brave new world?

.

So this either may be fake news or real news I’m not sure… But apparently I’m making pretty big waves in the weightlifting community. Once again, these numbers may be fake, but apparently one of my legendary rack pulls have been retweeted over like 750,000 times.

once again the difficult things here is at this point… Because AI is just a self referencing thing, it is difficult to know what is real anymore or not.

Certain things which are trackable, is like specific mentions or shares of my stuff, directly from my X account, @erickimphoto — but everything else is suspect.

Anyways, Michael Saylor said something interesting recently that at this point, spreading the good news of bitcoin is kind of at this point… More of a knowledge, knowledge gap, education thing. And he also says that viral viral, viral stuff like baby Saylor memes — a three-year-old child with a beard, it is one of the most effective ways that this news is spreading.

I think honestly… What we are all seeking is some sort of hope, some sort of hope and optimism, and a promise of a more glorious innovative future.

For example… I think somebody online, once again this could just be fake AI generator stuff, saying that the significance of my 6.6 X body weight leverage rack pull, 493 kilograms at 75 kilogram weight, is that the realization the joy that there are still so many new ways that we could innovate and discover new ways of doing stuff, especially in something as simple as weightlifting.

Consider, it is very very simple, and primal. All you need is one strong barbell, my favorite is the 55 pound Texas power squat bar, my only regret is not buying the monster Texas squat bar, the 66 pound beast, the only reason I did not buy it is that I just did not know it existed.

But anyways, it is simple… A heavy barbell, a strong rack, Titan.fitness is fine, some heavy plates, also cheap on Titan.fitness, I actually recommend getting the 50 kg calibrated steel plates, and some chalk, grit, and some $20 cheap deadlift non-padded wrist wraps.

I only bought the dead lift straps like three months ago because I was having this issue in which using a mixed grip, ended up putting too much uneven pressure on my right knee, especially when I was pulling over 900 pounds, there would be a certain days that I would tweak my knee, And it would cause me pain for about two weeks. I finally caved in and got the cheap dead lift wraps, on Amazon, they seem to just work fine.

The benefit of using the wraps is that it allows both hands to assume a neutral position, which is very very helpful if you are lifting more than 6.6 times your body weight.

Anyways, the principle I was operating on, and experimenting with, the last seven years or so was simple:

Increase the weight, lower the range of motion.

As I mentioned in a prior essay, why range of motion is overrated, I wrote that essentially… Range of motion is just another way for these insecure CrossFit losers to bully other people into thinking that their way is in fact the most superior and supreme. I then came out with a funny saying:

“Trust no crossfitter who does not go to church”.

Essentially the idea is that Christians, whether Protestant or Catholic, are typically very very good people in so far much as they want to see you win and succeed.

Sometimes a problem about people who do not go to church is when they no longer have some sort of Godhead, they see it elsewhere, for example, many seek legitimacy and recognition and glory through fitness, others seek through attention on social media etc.

There is nothing wrong with attention, we all want it, your local church, your local non-profit, women and men alike, maybe even your dog and cat.

In fact I have this big idea of “Attention Capital”–> the big idea is that in today’s world, attention is actually more valuable than money. Why? There are many rich people who have no attention but want it. Yet end of the day, if you have attention, it is easy to get and make money. 

Why attention?

Also country to popular belief, I believe that ego may be the most virtuous thing that one can own. Why? Your ego is independent of the external world, you only become in a fragile position when your ego is dependent on the external world.

Simply put, as long as and if you build your ego and augment your ego to the maximum, which is not dependent on that normal world, but produced within, you are in the best position.

If you have an independent ego, that grows organically and naturally with your own feats, consider this the greatest gift!

ERIC

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OK, this is one of the first times that AI, Grok has actually given me an interesting creative idea: the idea is a SLEEP PR, a sleep personal record.

So for example, I would actually say that… The greatest flex or the most impressive thing is that for you as an adult male, to be able to clock in 12 hours of sleep?

Now the funny thing is first, we must posit that this is actually in fact, a desirable target. 

The backwards line of thinking right now is that sleep is kind of an unnecessary thing that Silicon Valley people want to just kind of like edit out of our chromosome DNA.

It is actually my personal belief that sleep is divine.

So for example, if, Fahad option of being a trillionaire, but only sleeping 1.5 hours a night, or… Just owning like one bitcoin, and living lean in Phnom Penh Cambodia but each and every single day, I sleep 12 hours a night, and each and every single day I wake up feeling like a god, I would choose the latter.

Don’t lose sleep over it

I think also with investing… The intelligent strategy is to be in a position in which you could sleep well at night! Once again, all the money in the world is not worth even one night of lost sleep. 

So with investing, don’t be ever in a leveraged position in which you could get liquidated overnight, while you sleep. I could guarantee you that if you are in like a 40x leveraged position, and if bitcoin just dips $5000 or $10,000 a bitcoin overnight, and you get wiped out, losing like $250 million, it is not worth it. Even if your potential upside is like 10 billion $.

Is it a game?

So then, is all this finance investing, bitcoin, MSTR, MSTU, leverage, whatever… Is it a game?

I think for a lot of people, it is. Like they tie too much of their self-worth their ego to a single number, or even percentage gains.

I believe this is a very fragile way to live because nobody could control the markets, not even god. 

What can you control? You can control where to live, your level of media exposure, as well as to follow who not to follow, what to watch what not to watch, and also a big one… What time your bedtime is. 

6:30PM is the best bed time

6:30 PM is the best bedtime. Both for yourself and also your kids and your family.

To sleep early, to sleep well is probably the most virtuous thing that you could do.

Why? Almost everything.

First, assuming you’re an investor, a money manager or whatever… You need your physiology and your Cognitive and physical abilities to be at 120%. If you are not getting your 8 to 12 hours of sleep at night, you might indirectly cause people to lose billions of dollars.

So assuming that you are a mean green (or orange) money making machine, then… to remain cool calm and collected, during market turmoil or whatever, it is the goal. 

So how does one do this?

I have some simple ideas:

First, maximum movement and sunlight exposure outside exposure during the day. I could guarantee if like every single day you walk 8 miles, you hit the gym at least once a day and lift something heavy, you get like maximum sun exposure outside without getting a sunburn, you are incredibly sociable happy and friendly to everybody you meet on the streets, and assuming you eat like 4 pounds of bone marrow, 2 pounds of ribeye steak, and or 5 pounds of beef ribs… Breaking your fast a bit earlier, assuming that 6:30 PM is the sleep target, then breaking your face at around 3:30 PM or 4 PM is a good idea because getting your kid to sleep you always need a little bit of buffer time.

I call it a “linner”–> lunch dinner. At like 2-3,4pm ish?

And don’t eat breakfast for lunch, only dinner. Also 100% carnivore, and the ideal is you want to consume the most nutritious foods known to man:

Beef ribs, bone marrow, beef liver beef heart, eggs (yolk included), beef tongue, pork jowl, etc.

Even the ancient Greeks knew this, in the Iliad — the hero Ajax or Odysseus carves out the meat closest to the back bone spine, which even the ancient Greeks knew was one of the most choicest and supreme cuts of meat.

Don’t fooled… steak sucks. If you go to a restaurant they always serve you some very very tough, difficult to chew cut. It is always best to get beef tongue, beef liver, organ meats, innards, cheek, jowl, ribs, bone, bone marrow.

You are the apex predator

So a curious question… What is the Apex predator on the planet? Not a lion or T-Rex or honey badger, it is the human being. The human male.

We are the smartest the most intelligent, and also… An interesting statistic is that apparently with all 8 billion of us on the planet, we are actually the highest percentage mammal creature on the planet?

If you look at wolves, just look at how they eat and what they eat. They go straight for the heart the kidney the liver the organ meats, and they leave the rest as scraps for the vultures.

What’s super interesting about even eating inners fell out of vogue in America, when liver and onions used to be a staple, is an interesting economic meat industry one.

Essentially the story is the downside of Oregon meets is that they do not last long. You gotta eat it super fresh immediately or else it will rot and spoil quickly.

However, if you have some sort of like steak meats, they last longer without spoiling. As a consequence, it was heavily marketed that was in fact the desirable thing to eat. That it was a sign of success.

I’m surprised even in today’s world, eating beef ribs is actually not a mainstream thing? At best we have the pork baby back ribs, slathered in high fructose corn syrup barbecue sauce, which is bad because it is just sugar.

In fact, assuming that there is a link between high testosterone and effective investing, I truly believe that the ideal physiology of the investor is the following:

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1. No breakfast no lunch, only dinner.

Intermittent fasting. if you are in a fasted state, your mind is sharper.

Just consider, if you get like 5 pounds of pasta for lunch, your insulin will spike and you will fall into a food coma. Not good. And what the average fat boy Wall Street investor will do is then stop by the local coffee shop, get a Starbucks Frappuccino with even more sugar and caffeine, two “perk” him up, and then go back to the office, only to continue to ruin his health.

2. 100% carnivore

One of the refreshing things about leaving the state is that you realize that America is stupid.

Even the smart people are stupid.

Even Elon Musk in terms of the way he approaches his body and physiology is unintelligent. He essentially tries to grind his nose against the grinding stone, and has a linear analogy: the harder I work the more hours I put in the more suffer, the greater the outcome and the more virtuous I will be.

Common, just look at the man… It looks like he hasn’t slept in like 10 years! 

I still think Elon Musk is like the greatest entrepreneur of all time, maybe second after now the new goat, Michael Saylor who is much more down to earth, and also has a more interesting vision?

But anyways, assuming that you got trillions on the line, I wish that Elon Musk would prioritize his sleep, 10 to 12 hours a night.

And then also assuming that Elon has all the money in the world, and if I were his personal trainer I will just make him do one sort of effective “one rep max” lifting, Eric Kim style, #HYPELIFTING approach,,,, at least once a day, and also… This would be the big thing to cough I think Elon Musk should do all his meetings while I just like walking outside, ideally in nature, good weather, good mood, good sunlight exposure to get his melanin up.

A very very easy thing for Elon to do is like some sort of heavy dumbbell Farmer’s carries, at least once a day. And the funny thing is that actually… It will only take him like five minutes?

Or… Very very heavy kettlebell swings. He should just travel with like one single 105 pound kettlebell, the beast, 48 kg. In fact, assuming that like I was on a road, doing a road trip, and I wanted to stay fit while on the road, I would either just travel with one or two heavy kettle bells, the heaviest ones on the market.

3. Body

It is all within your body. All the hormones electrical signals and impulses, whatever.

More ideas:

Elon Musk, should also have a personal masseuse who travels with him 24 seven, on the road and beyond, and whenever Elon wants to take a power nap out of her, he gets his personal masseuse to give him a great deep tissue massage.

I think this is actually very understated. Assuming that your body is like a Bugatti Veyron or like some sort of insanely high-end, Konesigg car or whatever ,,, like you have a bi-v16 engine, double hyper quad turbo charged whatever… And assuming that this is your body, certainly every once in a while you’re probably going to have to get a oil change. Or at least like tune up your body?

Getting a strong very very strong, very very skilled effective deep tissue massage is like one of the ultimate life hacks I know. Why? So much. If you have like constant migraines headaches or upper back lower back shoulder tension whatever, you kind of needed a strong masseuse to get in there, and actually get rid of the knots. Or else your body will never fully be able to relax and reset.

Also, it becomes an interesting imperative also for being a father. If you’re like in constant physical pain, certainly you’re going to be more likely to snap at your kids your wife etc., and display some unmanly acts.

I get it that in the state it is expensive. But rather than renting your loser Range Rover or Lexus or whatever, use that money to instead, keep your body in peak shape.

Temperature

You cannot fix the weather but you could buy a used Canada goose jacket. Maybe just buy one on eBay?

Also at home… Fuck it, crank up the heat or the AC or whatever.

Essentially… You never ever want to be in a position in which the temperature is somehow like ruining your life. Try to find some sort of optimum for yourself.

Everyone’s different. Some people prefer fans some like AC some like both whatever. And also this is a hard thing for people to understand… The average temperature of both men and women are different. I think this is why it is always so difficult for couples to sleep together because I think typically men prefer it colder, I know I do. For me like my ideal temperature to go to sleep while in Cambodia is like 21°C for AC. I think Cindy prefers like 26°C.


how to get out of your body 

Insanely hot sauna, steam or dry, insanely hot baths, and… Cold plunges, icy cold showers, just swimming in the pool, and just taking a nap!

Whenever I am super super tired in the middle of the day I just like walk over and get a 90 minute massage, and I kill two birds with one stone:

First, I am able to get like a nap, sometimes the hard thing is when I try to nap at home, I keep getting up trying to jot down ideas in my iPad or whatever. But if you’re getting a massage you have no other option but force yourself to do nothing.

Also the interesting thing with a massage is once again… Your body has like 5 trillion sensors in it and when you get a good deep tissue massage, once again… It kind of fixes your body because there are some muscle triggers and memory which is stuck in the loop, like in a bad loop? To get a strong deep tissue massage it’s almost like debugging your body. 

Also… Assuming that like you jump in like an ice bath, I could almost guarantee you that the shock of this will definitely get your mind off of the markets etc.

Lift until you see (or become) god!

A motto from “SIXPAX” gym in LA–

> Lift until you see god!

Now that I have crossed an insanely legendary 6.5 X my body weight lift, I was able to successfully rack pull 1,071 pounds at 165 pounds body weight… what I’ve been doing is before I’m about to attempt a new maximum one rep Max, I actually take off my glasses put it off to the side, and whenever I attempt the lift, I squeeze my eyes really really hard shut, as a mechanism to focus?

I have a rather interesting theory that myopia, may have some sort of unforeseen advantages. I have really bad eyes, but maybe, in the past this was a benefit?

One benefit I know that actually… My macro, super super close range vision is like phenomenal. I could see stuff really really close. Without my glasses on.

Also if you think about it, glasses or like condoms for your eyes. Assuming that people like to raw dog it, why would you put like 3 inch thick condoms in front of your eyes?

Also I just got some new lenses the Essilor EyeZen ones, which are fantastic but I’ve noticed that there’s a funny yellow, anti-blue light UV tint on it, which actually makes my reality look more yellow, which I guess is good but also… Not technically true to life? Like for example in the morning I’m walking around, the sunrise should be an interesting like purple color, but with my glasses on it becomes green?

The next lenses I get, I’ll get it without the anti blue light filter thing ,,. It’s funny because it is sold and marketed it like a benefit, but no color tint is best.  kind of like your car, you should never put tints on your mirrors. Or your windows. Only cowards do.

Also only cowards wear dark sunglasses. Why? They are too cowardly to make eye contact with other people.

Same thing goes with people who wear headphones earplugs, AirPods on… Because they are afraid of other people?

What to do now

As an experiment, moving forward, just tried… Make sleeper number one priority.

Big one is to only consume caffeine first thing in the morning, for the rest of the day if you’re tired just take a nap.

Also this is another big one… After 3 PM, in which no productive work is ever done anyways, just turn your iPad and iPhone completely 100% off. And put it in your backpack or put it in a drawer somewhere, and get it out of your site. Out of sight out of mind. 

Also with news and information and whatever… Less is always more. Rather than trying to read more news to gain more insight, realize that all news is toxic even the good ones. Even in signal there is noise. 

I could guarantee you with like almost 100% certain to that four years from now bitcoin will be up. I cannot tell you how much, how quickly, the price whatever. But once again I know with 100% certainty it will be up!

Same thing with MSTR, Strategy –> essentially the stock is gonna keep going up forever, up into the right, with high voltage. One thing I could guarantee you is that MSTR will never be linear, and in order to reach new highs, we must also embrace new lows.

So essentially, I encourage you, put on your Spartan helmet, laser eyes, super insanely jacked demigod body, rack pull over 1000 Pounds (that’s like 440 kilograms)– and nothing can stop you. And at this point, life is infinite upside, no downside.  

ERIC

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So to the ancient Spartans, the grandest was to die a hero death, and to achieve immortal glory.

In today’s world… Because we are mostly a Christian nation the notion of glory is not what people want. We want stability control, predictability… Luxury and riches etc.

For example, in the world of bitcoin, everyone is just waiting for bitcoin to hit over 1 million of bitcoin, but I’m not sure towards what ends. If the Cardinal rule is to never sell your bitcoin, are you like looking for an exit strategy in which you buy a Lamborghini or retire or something?

First, cars are bad for your testosterone. Country to popular belief, to purchase own and drive a Lamborghini automatically makes you 7 inches shorter, makes you fatter, less muscular, less interesting, less powerful.

The really intelligent strategy is to live somewhere like Phnom Penh in which you positively desire not to own a vehicle, but rather you enjoy the freedom of just being able to walk or tuk tuk anywhere you desire.

In fact, the true demigod lifestyle is a 100% pedestrian lifestyle, in which you could just like literally walk anywhere.

is there anything I miss about the states?

Not really. Maybe besides my friends and family, I realize that America is behind me, besides having access to the American markets to purchase MSTR and MSTU, everything I have here in Phnom Penh,,, is augmented at least 10x.

For example, I’m like automatically 10 times richer, more free, more interesting more handsome, more unique more special, and at least 10 times happier. Also a funny thing: it doesn’t hurt to be happy. 

10x financial leverage

So the question is… Why does 10 X financial leverage really look like?

OK let’s say you earn like $100,000 a year, imagine if I waved a magic wand, now magically I 10x’d your income, and now you earn $1 million a year. Imagine how much more carefree of a life you could live?

For example, now when you go out, everything is like 10 times cheaper.

For example, a $20 lunch is not like two dollars. Eating out and paying $200 is like 20 bucks. A $50 shirt is now like five bucks. A $70 all you could eat Japanese Wagyu barbecue in the states is now only seven dollars for you.

10x the labor force

Let us say that you are living in a modern high-rise apartment. And magically, twice a week, a small army of cleaners, about five ladies, come in for about an hour and magically clean up your whole apartment. Often when you are not even home. Each and every single time you come home and the apartment is brand sparkling new, it leaves you in awe and deep appreciation.

10x happier

What does it look like to be 10 times happier?

Sleeping 10 times better. Waking up feeling 10 times more refreshed and excited to conquer the day.

And this is actually a big thing… Waking up in which your happiness mood and health and well-being is not dependent on the markets.

For example today was a great day… I woke up, and I enjoyed my morning walk and coffee, big smiles, all without yet even checking any economic news?

Isn’t this the ideal?

Yes.

Why don’t more people do this?

I think the first thing is that most people are tied to a job in a certain location. But assuming that you could work independently, and the true intelligence is not living in America.

Honestly America sucks. The culture is too violent, too aggressive.

For example, in Phnom Penh,,, there is not a culture of honking. I think this is still shocking to me, and also when you are crossing the street, cars and large SUVs and trucks actually stop for you. 

I think this is part of the Khmer culture –> it is a very refined, elegant culture. The cultural practice is calm, quiet, reserved, and relaxed. Also, people love to smile! It is like a calm demeanor happiness and smiling, rather than a smile on your face after you buy the newest iPhone or whatever.

American problems

OK like a big one… Living in LA, honestly I’m like super cautious that somebody might have a gun, or also kill me in a texting while driving accident? I feel like trillion times safer in Cambodia and there is also not a culture of stealing as there is an America in Los Angeles.

America has too much bad poverty

What is also hard for people to understand is that the culture of poverty in America is bad. It is combined with racism, economic policies, which keeps people in poverty, because there is a financial incentive. As long as there are prisons that make profits, there will always be an incentive to lock up more people to make new slaves.

The answer?

If there’s something you don’t like, the best idea is to leave.

If you are in an allowed nightclub that you do not like, pick up your bags and leave.

If you are in a toxic environment or relationship, leave. You could leave both physically, geo specially, and also technologically.

Don’t forget you have more power than you think you do!

EK

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OK, some life theories:

Physiological energy & power

OK this is like numero Uno, physiological energy and power. Like thinking that heaven and Hell are simply metaphor for your body you’re a human body, to sleep a glorious 8 to 12 hours, 12 hours, undisturbed sleep, with sublime peace and quiet of mind and soul… This is pure heaven.

Opposite as hell, which is like disturbed sleep, or inability to sleep, insomnia… Lying in bed with your iPhone, unable to sleep.

Solutions

I have some very very very simple solutions. First, we have to think and consider, we are in this for the very long game.

I can imagine being passionate about bitcoin until I die. As a consequence, I don’t really care so much about daily weekly monthly, or even yearly issues. For example, my whole initial bitcoin approach was simple: set it and forget it.  I initially bought 3.5 bitcoins, for around $25,000, in 2018, when bitcoin was $7000 a coin. And then, I tried with all my heart stolen power to avoid checking prices or bitcoin related news, which I suppose was good because at the time there was no real news outlets or influencers covering it. As a consequence, I was in a very happy shielded cave, a metaphorical bitcoin fortress, for almost like five years.

The only time I ever ever ever heard about bitcoin prices was when random people or family members would casually mention it to me, or Cindy would randomly see the prices.

And to me, I tried to use my stoic training. I tried to be very very stoic in the good times and the bad times.

So for example when people would ask me… Do you want to know what the price of bitcoin is? I didn’t really know whether it was a good news or bad news, but because I knew I did not want to open up Pandora’s box, I bit my tongue and said no. And as a consequence, one bitcoin was also very down, I also told people to please not tell me prices.

And so kind of without really knowing, I rode bitcoin from $7000 a coin up to $65,000 coin, almost 10xing my initial investment ,,, enough to get me a starter kit Lamborghini, $250,000, from my initial $25,000 Toyota Corolla investment.

–> Bitcoin can magically transform your Toyota Corolla into a Lamborghini.

Anyways this was the first life epiphany: there are certain things in life in which you think you want, but when you could actually afford it, you discover that in fact, you didn’t really want it that much in the first place? 

For example, certain things which seem unattainable like a Rolls-Royce a Lamborghini, whatever… I wonder how much of the allure is simply predicated on the fact that we have this idea of a thing, an ideal of a thing, that is kind of more of like a mental target rather than an actual desire.

For example with finances and money and numbers, similarly speaking, we want to hit search and target numbers, but when you actually hit the numbers, you actually find out that it’s kind of not really that big of a deal? Whether that be saving up $100, $1000, $10,000, $100,000, $1 million, 10 million, 100 million, 1 billion, 10 billion, 100 billion, 1 trillion, 10 trillion, 100 trillion, 900 trillion etc..

Currently according to Jesse Myers, the whole world economy is around $950 trillion. And assuming that half of that is like long-term store of value, the potential upside of bitcoin is around $450 trillion.

I guess if you become Quad-maxi, and you assume that bitcoin can also be used as ineffective mode of financial exchange, but that that means is that bitcoin, assuming that people actually use it like currency, could then gobble up another $450 trillion worth of utility, and that’s exploding its total value to potentially $950 trillion.

It’s tricky because on one hand, we want to be realistic and modest. For example, by the year 2045, which is 20 years from now… I’m 37 right now, so by the time I’m 57… Still young technically not even Roth IRA retirement time at 65, Michael Saylor predicts 12 million a coin. The bull case is 55 million a coin. My case is more like $155M a coin.

But, I think the tricky thing about money and capital is trying to think life… If you’re living in hell right now, and the hundred percent certainty is that the payoff will be great but not until 25 years into the future, what kind of real utility can this yield you?

Like for example… If I could tell you that you will only sleep one hour a night for the next 20 years, and essentially being the worst physical and mental physiological state, 500 pounds at 50% body fat, no vigor no lust for life, you can’t even get it up, but I can guarantee you would be a trillionaire in 30 years, would you do it? Probably not.

Similarly speaking, I think this is where it is wise for us to both barbell this: to memento mori and also… memento vivere, which reminds yourself to live! 

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Practical thoughts:

First, I think it is wise for you to live in some sort of ideal space. For me my current heaven on earth is Phnom Penh Cambodia.

Why? First the weather. It’s like always sunny and happy and genki every single day — it’s like LA on steroids!

I had this throwback memory of when Seneca was first born, and we were in Providence Rhode Island, and we were in our townhouse condo we were renting, and I was having morning coffee overlooking this really really ugly subsidized government housing complex, and it was super fucking cold,even cranking up the heater wouldn’t fix things inside the house… And I was literally freezing my ass off.

And this is the thing, it is difficult to control your mood your attitude, even the weather, but you have like 100% control on where to live.

So the reason why I think living in Phnom Penh Cambodia is the ultimate life Pak is because you can magically 10 extra money here.

focus on your health and everything will be A-OK!

The secret of happiness is within your hips and legs and walking and being up right?

The secret to life is being a biped human being.

ERIC

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Open source ideas.

My mood vs external reality?

EK

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Reality

What do you want from reality?

Abundance, joy!

OK… Looks like we crossed the 111 threshold, $111,000 a Bitcoin ,,, which at this point is more hilarious than anything because it seems so unreal.

I’ve been pegged to the all-time high, more recent hype being like $107,000 bitcoin. And I suppose one of the upsides of being in Asia time is like I’m almost like pseudo in the future; it broke that record high while everyone else in America was still asleep, so I suppose it is good that I am here because I was able to witness the all-time high with my own two very eyes.

Being here in Phnom Penh, good philosophical thinking. I think the big question is like… What’s the purpose or the point of reality?

First, to just be outside, to walk around in the real world. It doesn’t matter if you have all the virtual Lamborghinis and all the virtual babes in Apple Vision Pro, and all the infinite virtual monies, without a physical world, none of it is worth it.

Also, simple physiological things. I sleeping like 8 to 12 hours a night, and actually, a really big one: I’m like crushing my all-time highs for my weightlifting records, my most recent record is clocking in 471 kg rack pull, 1038 pounds — which is 38 pounds higher than a ton, 1000 pounds.

I suppose one of the fun things about being in Asia that because everyone uses kilograms, the numbers don’t look that scary. 471 kg, to me doesn’t look like that high of a number because I do not have the cultural adaptation to these numbers. Kind of also the funny thing about when you’re abroad and traveling, money becomes funny, because the local currency feels more like monopoly money than real money.

For example, in Cambodia they use the KHR, the Khmer riel. All the numbers are formed to me, but there’s this one note which is like roughly $12 USD, the nice yellow one, and I think two local Cambodians it’s almost like their $100, $120 bill?  Now that I’m bowling out of control, and even before that, I’ve always surprised myself on generosity and tipping well, as I knew how difficult it was for my mother to support me and my sister, working like 20 years at a sushi restaurant.

But anyways, I got a really great massage from this one woman like a week ago, and I slipped her the mythical big yellow note, and afterwards I heard her screaming and giggling and like exuberant full of joy, in the back staff room. It might have been the first time that anyone has ever tipped her that much.

More recently, meeting a woman who gave me a 90 minute traditional massage, all of her three kids are back in Siem Reap, and I gave her $20 USD in tip, saying it was to pay for her kids school and education. I think you’re in Cambodia, I don’t know if the schools are actually free? Or maybe the kind of decent ones are not free?

But anyways, if you meet local Cambodian people, you could almost like 99% assume that they have kids. 1 2 or three.  not like America we’re asking somebody whether they have kids or not is considered bad manners?

Anyways, like me giving the local lady a $20 tip, assuming that there is like 10X financial leverage here, that’s like me giving her a $200 tip. Note that the average salary in Phnom Penh is like I think 300 $350 a month, which sounds about right because in America, average working salary might be like 3000, $3500 a month?

But I think the magic of living here is that it’s almost like activating card mode, or in 007 golden eye, activating the golden gun. It’s like a cheat code.

If you are an American who has never traveled outside of the states, and have never been to Asia or Southeast Asia, I think it is actually very very difficult for you to understand how epic this is. Once again, the big problem in America is that even for the rich, everything feels too expensive and out of reach. It’s ridiculous in LA, average home price is like one now… 1.2, $1.3 million? And it’s not because the house itself is worth that much, it is not. But inflation has gotten so bad that these numbers are simply a signal of maybe a broken economy?

Bitcoin fixes the economy

Let us assume that bitcoin is clean drinking water, and traditional capital is like toxic sludge, sewer water.

If you have a young family and a kid, and you don’t know, but… The water in which you feed your child is contaminated, and your kid keeps on having diarrhea and is sick, cannot hold any food down, has no appetite, doesn’t eat food, and you are insanely scared and concerned because you think your kid will die… Is this out of virtue that somehow you are a bad and lazy parent and you don’t work hard enough? No! You’re like trying to do the best thing possible, but once again, either you don’t know that the water is contaminated, or… You only have access to dirty sewer water.

Nietzsche once talks about this… The lower caste system in India — the book of manu, says that the untouchables shall only be given dirty water, shall only eat onions, and she never ever ever interact with the clean Indian race. 

Like people think that the caste system and racism in America is bad, try going to India, go to Calcutta or go to Mumbai, Bombay ,,, if you are like a rich Indian from India… You might have never shook the hand of an untouchable on the streets. Me out of my American naïveté and openness, shook everyone’s hand give them all high-fives, even my friend Kaushal Parikh was shocked!

Anyways, not all, but close to 100% of the world’s problems are economic.

I’ll say 99.99% of the world’s problems are economic.

For example, racism classism and poverty, is because there are structures and structural loops in play in which people on poverty, stay in poverty. If you have never ever ever driven through Compton late at night, or sketchy parts of LA late at night, even sometimes during the day… It is difficult to understand how bad some of these neighborhoods are.

A lot of kids from the hood, end up just being nerds, staying at home playing video games all day, in some ways it is the safe strategy because you are less likely to get held up at gunpoint or beaten up for your shoes your necklace or whatever… Can you imagine growing up in an environment like this?

Even myself, I grew up in a relatively safe environment, Alameda California, which was like considered once… Like one of the nicest suburbs in the Bay Area. Yet when I was in middle school, already… Once again guys in middle school, at the age of 12… Girls were getting pregnant, kids were buying knives and trying to get guns, from kids in Oakland, there were already a gang in initiations, like I remember my best friend Aaron, Once… I was hanging out with him, and he took off his shirt because he was changing clothes, and his back was scarred from all these knife wounds, and I was really shocked and I asked him what happened and he said that he was dealing drugs on one corner which was a different gang territory, and he was knifed up as a lesson. Once again guys this is like 12-year-old kids.

Or… I remember as a kid, being bullied a lot, being called gay and faggot all the time. Middle school was extremely hardcore and bad.

I was very fortunate and happy that my mom moved us out of Alameda, into the nicer Castro Valley, more inland, more privileged. No drama there. As a consequence, I was able to thrive! No more drama, no more kids getting high off of ecstasy, I remember in middle school, in the seventh or eighth grade, my friend Tony came over my house, hopped half a pill of ecstasy, offered me some and I said no, because I knew better, and him getting very very high, and like touching the walls and carpet for like an hour. I think we were 13 at the time.

So once again guys… I was in a relatively privileged position. I can only imagine if I was a black kid, being raised in Compton or Watts, it probably was like 10 times as worse.

This is where a Kendrick Lamar is so exceptional, he was able to make it out of the worst of situations, same as Jay-Z. They are very virtuous in this way.

Kanye West is an exceptional case because his mom was an educated professor, he spent some time living abroad in Japan, and I think for the most part Kanye was a nerd, kind of like Pharrell. And also Kanye West is very short, 5 foot seven at best, maybe more like 5 foot 6 1/2, or 5 foot six?

Also do not forget that Kim Kardashian is a midget. I think she’s only like 5 foot tall? I think she lies, or the media lie and says she’s more like 5 foot one or 5 foot two, or 5 foot one and a half… But once again the fax is at least typically with men, if you are a Shorty guy, you will always have a small man complex. And this is where I am so confident, I am 182 cm tall, Which is about 5 foot 11, 5 foot 10 1/2, I have never had a small man syndrome in my life.

What next?

So assuming that your alpha, what is the goal? My thought is to become more alpha.

For example, bitcoin… Nobody will be happy until bitcoin is like $125 million a bitcoin. I hope maybe in my life… When I’m like 120 years old, I could see if it hit $1.1 billion a coin.

The world is changing. Even Kraken, just announced like six minutes ago that they have now offered tokenized American stocks like Apple Tesla Nvidia, as tokenized stocks? I cannot wait until somebody or Coinbase tokenize is MSTR stock, and also on Coinbase in the future to see like 2X leverage along MSTR token options? In the traditional market right now… MSTU is definitely the best bet, or MSTX, both in which Michael Saylor indirectly promotes.

Both are 2X levered long MSTR. Bitcoin is the best case, MSTR is 2X bitcoin, and then as a consequence, MSTU or MSTX  should be 4X bitcoin.

So if you want to make the maximum money, the quickest, MSTU. This is where I have invested a lot of money.

MSTX is technically the same thing as MSTU, but I prefer MSTU because it is created by Rex shares, which also created the Vmax, bitcoin convertible bond financial product, which essentially is like primarily MSTR strategy convertible bitcoin bonds.

The market is getting excited. And how and why does this matter to you?

First, if you live on planet earth, you need money. Money is not the end goal, but having money is like having clean drinking water. Clean water clean drinking water is a non-controversial issue. Without clean drinking water, all 9 billion people on the planet will die.

Second, freedom. If you like the idea of just being able to walk around eight hours a day, thinking, snapping pictures, hiking whatever, or nomading around the planet, focusing on your photography, your street photography, your kids your wife your life whatever… Any sort of creative productivity,,, and you wish you can FIRE, financial independence retire early, bitcoin backed stuff is super obvious. Bitcoin is FIRE. Both metaphorically and literally.

Are there any reasons to not buy bitcoin?

I don’t think so.

What else?

If you are a programmer, computer scientist, engineer, programmer… Smart person, you studied mathematics sociology philosophy, or any sort of critical thinking discipline… I think it’s pretty obvious that bitcoin is the answer.

First, people often forget that bitcoin is open source. If you have ever downloaded any of my free e-books, or open source stuff, you will know that this is great. Yet I think the hard thing for people to understand is just because bitcoin is open source,,, doesn’t mean that you can magically download bitcoins for free.

And I think this is a hard thing maybe something I need to talk more about that once again, this difficult to understand paradigm, especially for millennials in which we grew up being able able to pirate free stuff on the Internet for free… is that bitcoin is more about freedom, rather than having no cost.

it’s a feature not a bug

People say that bitcoin is bad for the planet and electricity blah blah blah. Yet you fools, don’t you know that like air conditioning requires like 25% of the world’s electricity, and yet nobody is saying that we should band that. Bitcoin is like at most 1%.

But if I could make the argument that bitcoin, could offer the whole planet, all 9 billion of us economic prosperity, forever, and there will be no more poverty no more kids dying of dysentery, essentially bitcoin is like clean drinking water for all impoverished people on the planet, and it will indirectly benefit all of the poor and marginalized people on the planet, and it would cost us only 1% of the world’s electricity… would it be worth it? Of course!

Goals

OK, now that I have officially made it, and it looks like it’s just gonna keep going uphill from here.

So I think a new pivot or direction, is definitely about like financial economic freedom power independence, thriving.

Economic prosperity and thriving for all 9 billion people on the planet, isn’t this like the ultimate life goal?

ERIC

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Bitcoin power!

ERIC KIM BLOG >

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So, this is a list of design principles I got:

1. Nice to have versus absolutely effing necessary?

So for example, when you’re designing a home, there are all these cool designer homes, but the really wise thing to consider… Is if each single room bedroom floor is absolutely effing necessary? 

Also, the new iPhone is an abomination. Adding that stupid camera control was like one of the most embarrassing things of all time from the Apple design team. It’s kind of a cheap marketing tactic to add a feature, to get people to buy the new thing.  the genius of Steve Jobs was opposite: each new generation of the thing to subtract superfluous features, spending insane amount of time to figure out what to cut.

In some ways, Elon Musk is the new Steve Jobs. Delete delete delete, cut cut, or the idea you have to keep deleting until failure, and then you have to add it back? 

For example, his genius of figuring out cutting and getting rid of the stalks. Also, the cyber taxi, just getting rid of the steering wheel and all the controls! Insanely bold, amazing.

I think also with social media it’s kind of the same thing, 100% thousand percent absolutely critical versus nice to have? 

For example, if you are an MSTR shareholder, you technically don’t even need social media you just go on strategy.com to get all the important vital information, which is typically a reflection of the real market conditions of bitcoin. Or you could just look at the price of bitcoin. 

I’m constantly on this ruthless quest, trying to figure out what to add and what to subtract. But remember my general principle: 

Every single day, delete at least one app utility or thing from your phone, your laptop, your iPad, your life. 

2. Raw is better

So for example, the most hilarious innovation of the modern day condo is trying to make it as thin, invisible as possible. Everyone knows that coitus feels best without any sort of condom or thing on. And therefore, ideally the best design principle is raw, like even a funny thing is that if it is actually really really really hot outside, just taking off your shirt is often the easiest way to pull down. The best outfit is being naked.

And then also if he apply this principle to everything else, subtraction is the most effective strategy. For example, with foods, substances beverages, the simple thought:

If it does not cause your pain don’t fix it!

For example, like 99.9% of the substances we put in our bodies are not 100% necessary. The only thing that I do not imagine ever quitting is coffee or caffeine because if I do not drink coffee first thing in the morning, it causes me pain.  Yeah yeah yeah I know that’s not good for me but screw it, I’m like the most sober person I know. I don’t why I haven’t touched alcohol in like seven or eight years, and I don’t take drugs not even painkillers. No marijuana or hallucinogens for me. I think I have only smoked weed twice in my life, like six years ago, the first time it was kind of funny, the second time I didn’t really like it.

Same thing with alcohol, only problem with alcohol is that it just doesn’t make me feel good. I always get a hangover the next day, it ruins my sleep, and also the biggest thing… It probably doesn’t help me maintain my 5% body fat six pack.

3. Reduce reduce reduce

Reduction and cutting often has no downsides. 

4. If it does not cause you pain don’t fix it

So for example, the only time I think you should ever like change your car is if the car yours currently are using is causing you pain. Like for example, I had one former student who told me that his old BMW X.3 or some other car caused him to severe back pain, and it had to do something with the seat or the armrest?

As a similar thing, I have not touched a laptop in like eight years because it causes me severe back pain and also carpal tunnel pain? 

5. Nice to have, and convenient or 1000% critical?

Another big idea, is that thing like 1,000,000,000,000% critical or is it just nice to have and add convenience to your life? 

For example, currently in Cambodia, most people don’t really use cash. They use ABA pay, which is the local QR code popular bank here. 

Apparently if you get a APA account, it will make your life a lot easier. But, I’ve actually figured out that I am able to pull the local currency, the KHR, KHMER RIEL ALSO FROM THE ATM, AT A LOCAL ABA ATM. 

So I think that assuming that I could still pay cash, with the local currency, it might add a little bit of friction to my life, but it is fine! 

6. Clothes

Clothes and shoes, once again, the pain issue. 

The reason why I discovered the view from five finger shoes was in fact because all the traditional shoes I had was causing me severe tendinitis pain on the bottom of my foot plantar fasciitis, very very simple, it can be cured by just wearing these five finger minimalist shoes. 

My personal thought is the only reason people don’t wear them is that they look weird. But then again, crocs look weird and it seems like everyone wears those. 

I think there’s a certain point in your life, I’m 37 now, I really care less. All I care about is Seneca Cindy, my family and friends, my bitcoin in my MSTR stock. To reduce your sphere of concern is wise. 

7. Life is like Lego bricks

I just recently watched the new Pharrell Lego movie, piece by piece. Probably one the most interesting watches of my life. 

 so one of the big principles from Pharrell which is super interesting is thinking that life is like Legos. Infinitely configurable, and the idea is that assuming that this planet, a lot of of it is built and designed, that that means that you cut yourself on your own reality.

Lately I’ve been having fun with Seneca, buying Lego technics, and just making new inventions by ourselves and what’s really fun and interesting is that there is like an infinite amount of configurations that you can make, even with like a $10, 70 piece set.

So my personal thought is that you could design your own reality! A designer, your designated what is important and what is not important. 

For example, nobody is holding a gun to your head and saying that you must use Instagram Facebook WhatsApp or whatever to stay alive. You have the option to believe it. Certainly there might be loss of entertainment I suppose, but that is a small price to pay for your freedom .

I think for mental health and physical health, deleting all social media from your phone may be the most effective strategy of all time. And the hilarious things that it costs you nothing. 

Typically whatever I encourage, it’s Bree! To delete stuff doesn’t cost money. 

And also, one of the best ways to spend money is to simply pay for services or things which blocks advertising, and other annoying stuff. 

Like my ideal thing is that if we had some sort of like augmented reality glasses, and you can pay like $50 a month to have this thing automatically block advertisements in the real world, this would be a great invention. 

And all of the Safari plug-ins and extensions that I have purchased, the ones that continue to live on my devices, are all of the paid ad blockers. 

Come on, nobody likes advertisements, not kids, not Google employees. Not you.

8. Friction

So some simple thoughts: 

If there’s a certain behavior you want to change adding a little bit of creative friction is a good idea. 

For example, if you’re addicted to social media, try to figure out ways that you could make it more difficult to access stuff. For example, am I quest of getting rid of Twitter and X, I’ve just been logging out of my account occasionally, and using rss.app to access @saylor 

Also, the funny thing with networking is that actually, to become more wealthy and prosperous isn’t to augment and add more contacts to your contact list, but to selectively prune, and delete contacts from your list. 

Some friction is good some friction is bad. 

So for example, reducing friction on Amazon prime could be good, but assuming that you want more sexual pleasure, adding some sort of friction is good.

And this is actually the funny thought about pornography, nothing morally wrong against it. But almost it’s too easy? And therefore as a consequence, people will get bored of it? Because it is too easy to access?

Like you know women who play hard to get, even men who play hard to get. It’s like the difficulty in the chase which makes it fun for people.

Similarly speaking, with games and video games, it is only fun when we have a little bit of difficulty. Like in StarCraft, it is no fun killing easy computers, it is more fun challenging and interesting to play against difficult human opponents.

Also with weightlifting, it is only fun if it is difficulty challenging and uncertain. When the weight becomes too light and easy it becomes boring. 

And this is the hard thing for people to understand, is that often times, adding more difficulty and Christian can make life more fun! I think it’s just a selective principle. 

For example, having soft sheets is probably better than having sandpaper blankets. And having some sort of lubrication is better than having squeaky wheels.

And I think this is a hard thing to understand about money and wealth, assuming we truly do believe in the via negative about principal, there really really wise things to do in life is to cut subtract and get rid of superfluous stuff. 

If anything, the best way to use money is to use money to get rid of stuff. 

For example let us say you have a storage unit a full of crap. My fun idea is that it’s a better idea to just pay somebody 300 bucks to figure out what to keep and what to throw away, or even a better idea… Give them like a 50% incentive that they could just resell the valuable stuff in your storage unit and they could take half the profits, and you keep half the profits. 

The richer you become, the fewer concerns you want. You don’t want to manage your house as manager, you don’t want to manage your manager‘s manager‘s manager. The fewer the things you have to manage, the better.

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I need more power!

So currently listening to Phong Le’s Strategy world presentation ,,, and his randomly talking about the Emirates food supplier, and how amazing it is that they like ship millions of meals across all these different airlines, so simultaneously, all around the planet at the same time.

This is kind of an interesting desire for myself as well. For me to simultaneously be all around the planet, at the same time, 24 7 365

The markets?

So what is insanely annoying especially now that I am in Phnom Penh Cambodia,,, is the time zone difference. I’ve been doing big transactions, trade and investments, and there is almost always some sort of arbitrary time zone lock, or, ability to execute orders when the market is closed. For example there’s this one strange rule that if I suddenly have a huge chunk of cash, sitting in a traditional investing account, and let us say I want to buy MSTR STOCK, or MSTU,, or something else, I cannot execute it if it exceeds more than 25% of my account balance at once? 

Even more annoying, when the markets close. I’m kind of in a weird liminal in between time zone in which in some ways I’m living in the future ahead of time, and there are days that I am just waiting on the weekends, twiddling my thumbs for the market to open again on Monday. But for myself, because I’m in Asia, The markets don’t open for me until I wake up, Tuesday morning?

 this then makes it very very annoying for me to have to do certain things like if I have a idea for a big trade or order… I have to be awake at some ungodly hour in Cambodia in order to executed. But after one or two nights of staying up super super late, in order to execute a certain order, and then, not being able to sleep for like two or three hours because there is so much adrenaline, it’s not worth it.

Even $1 million, is not worth one night missed sleep. 

So once again, a really really big problem: to solve this issue and problem that the markets are closed on the weekends,

Price PR, Price Personal Record

So in the powerlifting community, we have this notion called PR which stands for a personal record. It’s like a mythical new number that you have broken a new weightlifting record, and for us one rep Max lifters, this is the only KPI key performance index we hold onto the top of our heads.

To a lot of people kind of myself included… This is like the ultimate metric. Unfortunately… A lot of people get their self-esteem tied into this number, and they get depressed when they hit a plateau or they are not able to increase their PR numbers, in not being able to hit a new personal high. 

A very simple thing is to increase your leverage, and be creative and come up with new techniques.

For example, one of the most genius things that I’ve done is that I was able to totally obliterate my PR, personal record numbers, my one rep Max my one repetition maximum numbers simply by innovating more creative leveraged techniques.

For example, it started off modifying the dead lift. I started off conventional, then switched to sumo, and then eventually I had the wisdom to do the really really smart thing, this was the game changer: to come up with this brilliant heuristic:

Lower the range of motion, increase the weight.

Or,

Increase the leverage and increase the weight.

So for example with a rack pull,  essentially what you do is you put the barbell on top of the power squat rack, at a pin higher than the floor. As a consequence, you could just move a lot more weight, and also… Do it a lot safer, and, it just makes easier to rack and unwrap the weights because when you do it off the floor it is very annoying.

I think the reason why the rack pull is not more common is because once again… I think because Americans are so into conventional ways of doing things, everyone just wants to do it off the floor the traditional way, because they want to measure themselves against other people. For example, nobody will ever judge or compare how much weight they could rack pull Compared to other people. 

There are several reasons for this. First, contrary to popular belief, Americans are actually not very very good at doing non-conventional things. My theory about why some Americans become very very spectacularly successful is because the desire to become the best or American exceptionalism does the following:

99.9% of Americans follow the standard way, but, .1% of Americans do something radically different, and these are the ones who change the world.

Also, the benefit of America is that the capital economic structure actually both allows and also encourages innovation. For example, simply being able to file taxes as a sole proprietor, makes your life 1 trillion times easier than trying to start a business in Sweden or whatever.

Also, Elon Musk. He’s from South Africa, if it were not for him to come to America, he would not be the Elon Musk we know and love today.

Or even consider Warren Buffett, he was only successful because he was born in America and had American markets, the US dollar. His strategy would not have worked if he used it in Argentina or Venezuela.

The new universal standard

So now… I don’t really measure my wealth in US dollar amounts because the numbers are getting too high. Instead, the easier and the easiest way to mentally keep score is through how many bitcoins I own.

I think similarly speaking, in the near future certainly 30 years out, it will not be uncommon to ask somebody how many bitcoins they own.

It’s kind of interesting because typically, it’s considered poor manners to ask somebody how many US dollars they have in their bank account or what their net worth is. But with bitcoin, because it’s kind of “fake” money, I have zero problems asking somebody straight up how many bitcoins they own.

Or even funnier enough… Whenever I meet another millennial or tech yuppie, I’ll just ask them straight up how many bitcoins they own. Either the answer is none, or they might feel a little shy talking about it but eventually I could squeeze it out of them.

However I would probably not ask somebody straight out what their yearly salary is, or how much US dollars they have in their bank account.

Number go up technology?

So I might be the first to think this, but doing a cross pollination of powerlifting and investing. My simple idea:

We desire to hit a new financial, price PR… as a general idea. 

So for example, my only joy is when I see my numbers hit new highs, essentially it’s like a new metaphorical one rep Max for finances.

This time becomes interesting because you never ever ever want to sell any bitcoins or strategy stock to buy some sort of loser Lamborghini, because why would you see your number go down?

For example, let us say that I could rack pull 1015 pounds (my new personal record as of yesterday). Even if you offered me $100,000, to see that number go to half, I would refuse.

This sounds ridiculous but for myself, I would rather have a 2000 pound rack pull than even $2M dollars.

Also, if in fact I became the strongest human being on the planet by a factor of like five, even one Nakamoto (one million bitcoins), wouldn’t be worth it to me.

ERIC

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So let’s say you’re on the bitcoin standard, you’re plugged into MSTR, MSTU and bitcoin, and you’re making like $100,000 a day, million dollars a year or whatever. This alternate path to live independently and free?

Do I make more money than even some high-level Apple directors and executives?

Obviously through bitcoin I do not make as much money as Tim Cook, but, actually now, I might make more money, average out, year over year, even than most high-level Apple directors?

Let me assume that my gains are like $1 million a year, I guess I should only feel inferior if I know what great certainty that that individual makes $1 million salary a year?

But then again, how common is this even in tech? Like do you have a salary of 1 million a year? Even to most people this sounds ridiculous. 

The simplest way to get super super rich super super fast, is maximum velocity maximum volatility, to be fully plugged into MSTU, which is 2X levered long bitcoin.

If you want like supreme economic digital sovereignty, then you just go 100% bitcoin because bitcoin is not plugged into any traditional markets which means that you could use the 24 seven, 365, and you don’t have to wait for the market to open and close etc.

But assuming that you have access to the American capital markets or you have the privilege of being an American, MSTR is kind of your best bet to becoming rich because you could actually 2X lever long bitcoin. Let us assume that bitcoin is petroleum and oil, and let us assume that strategy is standard oil and Standard oil is like the new Rockefeller the new Michael Saylor, and the question is do you invest directly in oil, or do you buy standard oil stock?

Or another question… Do you buy gold directly, or do you invest in the highly profitable jeweler who takes the gold, creates jewelry out of it, and sells it for a premium?

Another thought is also… Do you buy the real estate the land, or do you invest in the developer?

Anyways, all my advice is financial advice, and I have true coin in the game; anything and everything that I recommend is stuff that I have actually myself done. Therefore, I might be wrong, but at least I’m honest, and at least I have real world exposure?

For example let us say that your standard investor person tells you to buy the S&P or Apple stock or whatever, and then it goes down 15%, and then you get angry  that you lost so much money, but then your financial advisor will just shrug their shoulders and tell you “well, this has never happened before. And also I gave you a very very safe investing strategy. This was a black swan event.” Then you could do nothing but shake your fist to the universe or blame Donald Trump?

Actually now that I think about it, the reason why so much rich Republicans in America hate Donald Trump now too is that most of their wealth is in the big tech stocks, or Apple, which got murdered after the China tariff announcement by Trump.

So actually, the hilarity is that it is no longer a partisan things; the Democrats and the Republicans, everyone dislikes Trump. Except the working-class the coal miners? And anyone who is pro bitcoin or crypto?

The point of life is to win not be political

Anybody who critiques or criticizes certain economic policies? Thus simple thought…

The point of life is not to complain or criticize or critique stuff, the point is to win.

How does one win? Buy accumulating more bitcoins, seeing your US dollars go up, number go up!

once again guys, don’t be a dummy. It don’t matter what your political aim is, do you want to provide for yourself your family your future family whatever. You want freedom.

Keep it simple, just buy bitcoin, study strategy.com, listen to all the Michael Saylor interviews … what’s actually very impressive is that about a year ago, I started to just binge watch all the Michael Saylor interviews, the Robert Breedlove what is money series, and I literally watched maybe like 80 interviews before I even knew what micro strategy was?

And then I listened to more and did more research and studied more, understanding what MSTR was, and I didn’t start to put serious money into MSTR until I studied it for like six months, religiously for like three hours or four hours every day in the morning?

Anyways, what kind of exciting and interesting is that I’m learning this all in real time, the center you’re getting a privilege of getting some sort of like high speed high frequency data stream, that’s being plugged into your inbox.

So some new strategies:

1. Use Coinbase to buy bitcoin, and then… Go to the cash cab, and then you could essentially mortgage and borrow against your bitcoin, Max it out, take that cash and plug it into your traditional investment vehicle, buy MSTR and or MSTU.
2. What’s MSTR and or MSTU? STR is the ticker for micro strategy, now rebranded as strategy, check out their data feed charts on strategy.com, and click the charts tab.
3. MSTU is an exchange traded product, managed by Rex shares, which also, manages BMAX, which is a new product that is actively endorsed by Michael Saylor, which is essentially bitcoin backed bonds. What’s very interesting and impressive about the bitcoin backed bonds that Strategy has put out is that like it’s almost like 100% the performance of bitcoin, with downside protection? for example the convertible bonds issued by saylor and strategy has had a very very impressive performance about 60%, last year, which is actually more than bitcoin, which was like 50 or 55%? Anyways MSTU is 2x levered long MSTR, Which means that if MSTR stock goes up 5% in a day, MSTU will go up 10% in a day. do not invest in this if you are the faint of heart because similarly speaking, if strategy trades down 10% in a day, MSTU will go down 20% in a day. but assuming that you don’t plan on selling your assets for a minimum of at least four years, the volatility is actually more exciting than anything. Think of volatility like G forces in a fighter jet, or going from 0 to 60 in 1.99 seconds in a Tesla model S plaid. If you easily get carsick don’t do it. But if you love being a fighter jet pilot go for it.

How to accumulate more bitcoin

So, assuming that the goal is to accumulate more bitcoin, the simple strategy is to just buy MSTR or MSTU, ride it up, and shave a little bit of the cream off the top; when it is up.

For example, let us say that you put $500,000 into MSTU. When it becomes $600,000, you could sell $100,000 of that,  and then transfer it back to your Coinbase account and buy more bitcoin.

So you have not really touched your principle, and that $100,000 gain was effectively “free money”.

The genius of mortgaging your bitcoin

Let us say that your own property, like let us say that you own a parcel of land in Manhattan, and you want to make money off of it. You don’t sell the land to make a profit that is not a good idea. Rather, you mortgage out the land, you try to get developers to develop on it and collect rent, stuff like that.

To mortgage your bitcoin is also really really fascinating because first, the big deal is you don’t have to actually sell your bitcoin and secondly, you don’t incur a capital gains tax.

For example, if you had like a bunch of bitcoin in Coinbase, and then you sold it for fiat currency, you would probably get at least a 30% tax bill at the end of the year.

So for example if you have like $1 million worth of bitcoin, can you sell it, you’ll probably have to pay at least 30% of that in taxes, which is like $300,000, so then after selling it, your money is only worth $700,000.

But, if you use Coinbase and your mortgage out your bitcoin and get the US dollars, it is not a taxable event. As a consequence, you could intelligently use that money to buy MSTR or MSTU, to reinvest your money, and to maximize your gains.

It’s kind of like a capital turbo charger. For example, the way a turbo charger works is that you take your exhaust gas, recirculated back into the turbine, force it back into the engine, and therefore you have leverage the waste gut energy force, to force your engine to burn more fuel combustion, and make your car go faster.

Also when done right, an interesting thing is that chargers are actually more efficient as MPG‘s, for example one of the most innovative cars I’ve heard of was Ford had a 1 L in-line three engine with a turbo charger, which made for a great city vehicle.

Also with cars and engines, I am much more interested in the 2 L Japanese engine with a turbo charger that makes 500 hp, rather than a V8 engine that could spit out 1000?

Or better yet, more impressive to make your 1991 Sentra SER, with the legendary SR 20 DE engine, strap on a turbo and get a 10 second quarter mile time rather than buying a car that can already do it for you?

And I think the whole of the fast and furious car modification culture in which I grew up was once again, the small four-cylinder engines of Japanese cars against these monstrous V8 engine cars, is that the Japanese cars were the underdog. And everyone wants the underdogs to win! 

ERIC

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How do you know if those was written by AI or not?

Maybe moving forward, I’ll just sign the end of the thing with EK 

Also a very interesting business idea… Maybe one day I’ll just post a single Satoshi to prove that I wrote it? 

Stay fresh

START HERE >

EK

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Interesting idea, the general idea is that our traits which are considered hateful, our in fact, our greatest virtues.

For example, I speak out loud, I don’t censor myself, I often make other people feel uncomfortable. Yet this is precisely the source of my innovation and entrepreneurial spirit .

Also this is where I think that the energies of children should simply be guided and directed, rather than stunted.

For example, let us say that your kid is very rambunctious and likes to throw stuff. Rather than forcing your kid not to throw things, rather think that it is better to channel that energy and power into something fun, like having him join the local (American) football league or whatever.

Or say that your kid runs around a lot, and likes to be active. Have them join gymnastics or something?

Also the same thing with adults, even the ancient Romans knew, everybody is born with different talents. And that rather than trying to change someone’s character, the wiser approach is figuring out how to best harness their own god-given skills. 

I always say the right thing at the wrong time

 for example, there should be certain things which should only be brought up at a certain time. Timing is critical.

For example, good idea to drink coffee first thing in the morning, bad idea to drink coffee at midnight.

We also, good idea to be active and run around in the day, maybe not a good idea at night.

The best time to watch Netflix is first thing in the morning

Funny I got from one of Cindy’s friends, is that she says that for her the best time to watch Netflix’s first thing in the morning because it gets her stimulated and wakes her up!

This is hilarious and a genius idea because the truth is, this might be the right strategy. Most people watch it late at night, which keeps you up because you’re going to be thinking about solving the plot while you sleep which is not good. Rather, if you watch media first thing in the morning, maybe it is actually a better stimulus and stimulant to action.

Also a funny thought, to those who like to watch erotic material, maybe rather than watching it before you sleep, also, you could do a funny experiment in which you watch it first thing in the morning?

Don’t castrate, channel

Let us say that you are hormonal, and have high testosterone. Yet this leads you to doing aggressive behavior in a bad way.

Rather than chop off your balls, maybe it’s better that you could simply get a gym membership, and start ERIC KIM demigod weightlifting, and strive to lift 1000 pounds? And beyond?

The crazier the more genius

“Name one genius that ain’t crazy!” – Kanye West

“In every single genius there is a hint of madness” – Aristotle 

Craziness and genius are sisters and brothers. Assuming that you sleep very well like each 12 hours a night, you don’t take drugs or drink alcohol, you exercise every day, you smile and wave and have friendly conversation with everybody you see on the streets, you spend a lot of time outside walking around, in nature and in the city etc., certainly you will not be crazy by traditional standards.

Then my thought is if you start to say certain words which are heretical, maybe the truth is, you’re right!

Stay crazy, stay foolish

As long as it doesn’t cause you to lose an arm or die prematurely, maybe rather than cutting risks from our life, we should strive instead to augment them. For example, one of my new favorite quotes from Peter Thiel, which has been quoted many times by Michael Saylor is that “Courage is in the shorter supply than genius”.

I agree. You can meet like at least 100,000 smart people or geniuses from the beer area. Yeah most of them like balls. Balls plus genius is what counts, no balls no conviction no appetite for risktaking means lame improvement to stuff.

For example, SpaceX and the thing that catches rockets. Only a crazy Elon Musk could have come up with the idea that actually works, not some standard boring engineer.

Or, the musical and sonic genius of a Kanye West would have never been treated by an AI.

Even Jaron Lanier,  wisely said that the genius of the Steve Jobs would never have been created by artificial intelligence. This is true.

AI cannot contradict itself 

For example for myself, I change my opinion all the time. For example one day, I think that Tesla sucks, and then the next day I see a brand new Tesla model Y from behind, and I think it is perfect.

Or another interesting thought, now with the new Donald Trump policies, I might be the only one who thinks that fiat currency is a good idea!

For example the office which controls the currency, they themselves called the US dollar fiat currency. then, ironically enough, calling a speed a spade, it actually makes me realize or think or change my opinion that if you have the agency which regulates the currency calling the US dollar a faith-based currency, this actually gives me more faith in the dollar not less? 

Even things which really changed my opinion is that like on most cases I’m super approved Donald Trump or at least his administration on economic affairs, because before the election he became super pro bitcoin! When money is on the line, money talks and changes opinions.

As a consequence of Trump becoming elected, the price of my bitcoin and also my strategy holdings have like multiplied insanely high, which is good because I’m like dumb rich, essentially like printing money out of my butt now.

Things then become interesting because they become almost seemingly contradictory in nature.

Even myself now, I still consider myself a diehard liberal woke democrat on the far left, much more on the progressive side, or the liberal side, maybe you could call me a “lib-tard”. Yet I am a pro Donald Trump, yet I will never become Republican.

In fact am I the only one who invented this really really funny phrase, “Republi-can’t”?

I think politically speaking, you could only really start to have fun when you don’t pledge allegiance to any other side, and rather you just judge inform your own independent opinions, even if you’re right or wrong.

In fact, come on guys… We are philosophers. We know that this is all a stupid show, and this is all fake. All news is fake even the real ones.

A simple prescription I have for people who are like scared shitless is first, whenever Donald Trump says anything, don’t read the headlines actually find the raw interview footage file video MP4 video file, watch it yourself unedited, the entire hour or two, and then form your opinion!

Also, delete social media Facebook Instagram TikTok Twitter X YouTube whatever. A new pro hack I have at least to maintain some of your focus is get supergrok, which is the $30 a month Elon Musk xAI chatbot, and whenever you curse about something, run a deep search, infiltrate it this way rather than going to social media.

Also, I’m certainly think that also ChatGPT is the new click page. Why? Now whenever I want to use chat, and I open up the app, there’s all these effing click baby suggested prompts, which distract me.

Even worse when you’re trying to do a web search through ChatGPT, it will show up all these stupid distracting news headlines? Like JD Vance accidentally drops trophy?

All signal is also noise

I have a simple suggestion, if you need the news, try not to follow more than 1, 2 or three people. That should be the cap.

For example for myself, only person I religiously follow is Michael Saylor at @saylor —

Another new pro tip work around I figured it out, whenever you login into Twitter it is so distracting. You could go to rss.app and search somebody’s Twitter handle, like @saylor and just follow that one person alone.

I think like 100% of the true signal that I get is from Michael Saylor, everyone else is just baiting for clicks and impressions.

Even I try my best not to check bitcoin prices or news because once again, it’s like a heartbeat, the sign of a healthy organism is having a regular heartbeat that goes up and down. Therefore, I think of bitcoin prices like a human heartbeat; if you flatline you’re dead. 

Investing

So the floodgates have now opened that the government says yes, banks canal do anything bitcoin or crypto related. I think within this year or the next year, you’ll be able to buy bitcoin with JP Morgan Chase, Wells Fargo Fidelity whatever.

Recently I put a large sum of money into MSTU, which is 2X levered long MSTR, which is itself is 2x levered long bitcoin.

This then becomes a good strategy because let us say that bitcoin price goes up 5% in a day, then MSTR will go up 10%, and then, MSTU will go up 20%!

You then start to get really insanely explosive gains, you could easily earn $100,000 in just a single day, without doing anything.

And actually if you think about it, stuff like MSTR and MSTU are actually much more accretive than bitcoin, because the first rule of bitcoin club you never sell your bitcoin. Fun work around you could do is like if you have Coinbase, you could now pledge up to a large number of your bitcoins, and get up to like $1 million of cash, which you could then invest into MSTR and or MSTU.

My simple thought is if you have a retirement account or a roth ira, and you plan on not pulling it out until you’re 65, just put it into mstr, set it and forget it.

if you plan on trying to make money in the short run, MSTU is the obvious bet, as once again, it out performs bitcoin by at least 4X, and an important thing with what creation is the velocity and in the speed of how you get, how quickly.

For example, nobody would care to be a trillionaire at the age of 99, we would rather be worth $200 million in five years. 

Therefore, at least for myself, I would rather take the quicker (smaller) gain, rather than the longer, higher gain.

No more Warren Buffett

Warren Buffett, Berkshire Hathaway, was 19th century bitcoin. Everything he did, back in the day was genius because that is all they had.

If you put Henry Ford into today’s world, but gave him the financial tools of the 19th century certainly the outcome would be different than if you handed the keys to somebody with the year 2025 tools.

Even a random sidenote, Cambodia, seems to be thriving because everyone here uses telegram. It’s very beneficial to business, personal communication, and it seems to be much more intelligent and robust than other countries which first adopted Facebook messenger or WhatsApp.

In fact, my personal thought is the future of Cambodia will be very bright because they use the US dollar, they use telegram, and, everyone speaks English. It is a recipe for success.

now what?

As a simple closing thought, once again, maybe you just have to rebrand your vices into virtues. And just think the simple thought:

What if in fact, all of your sins and vices were simply virtues,,, without a good PR press release team?

ERIC

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Go opposite.

A fun innovative thought, maybe in fact the best way to innovate is to go opposite.

For example, if everyone is wearing black, start wearing white!

If everyone is driving a Tesla, drive a Toyota instead.

If everyone is wearing shorts, wear long pants. If everyone is wearing tank tops, wear a long sleeve.

This is a big one for myself, if everyone is using headphones and AirPods, don’t.

Maybe also if everyone’s using an iPhone, just get a Google pixel or an android instead?

If everyone is antisocial, be friendly!

If everyone runs, walk instead.

Everyone saying porn is bad for you, do the opposite and start watching porn?

Haha this is so funny the list goes on forever! 

Never stop making

Never catch a beat:

erickimphotography.com

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Buy bitcoin with Coinbase, mortgage as much of it as you can, use the cash, to buy MSTR and or MSTU (2x levered long MSTR, which is essentially 4x bitcoin).

You can then:

1. Ride your gains forever
2. When your MSTR & MSTU stock is up, sell some of it (shaving the cream off the top, of profit, don’t dig into the principle capital) and buy more bitcoin with it
3. Then with the Bitcoin, continue to leverage the Bitcoin –> take out more loans against it, or wait and anticipate for a future in which there will be new financial products and services for your Bitcoin?

Once JPMORGAN Chase starts offering you the chance to buy bitcoin with them and or to custody it with them, then you know you’ve arrived!

Assuming Bitcoin is solidified freedom,,, then ,,, what you think is simple:

Obviously you never sell your freedom for anything!

Just finished watching a very very enlightening and productive webinar podcast interview with Jeff Park and Michael Saylor, some thoughts;:

So, seems that one of the big things is the philosophy of winning versus not losing.

Some tricky things:

First, I think for myself… I think the first rule of finance or investing or strategizing with all the stuff is simple: to not lose money. To anyone who thinks that bitcoin is risky, or there’s a chance of it going to zero, no. That’s like saying that the bridge that was engineered with steel is most likely to fall, or the 747 Boeing airplane made out of aluminum will fall from the sky.

Never buy anything that is not bitcoin

Conversely, I would say that anything that is a token, is insanely speculative in a bad way and very very risky and kind of dangerous. For example, once again, my general thought is bitcoin is the truth, the way and the life, everything else is a false profit. To use a Christian analogy, bitcoin is like Jesus and everyone else is like the people worshiping the golden calf?

My only certainty in life

Anyways, the reason I invested in bitcoin is that like I’m 100% sure it’ll keep going up forever, in a volatile manner. I think volatility is guaranteed, but also performance is guaranteed. 

Certainly as time goes on it will continue to become less volatile. Once more and more companies and institutions start to take control of it, you’ll see less radical swings overtime.

So what does that mean for us as individuals, individual investors etc.?

Practical thoughts

OK… I think it is wise to err with caution, but also be practical. 

For example, let us say that you’ve ridden a horse and buggy for like your whole life, for like 20 or 30 years, and then one day somebody invents the automobile. Maybe the early generations of automobile cars were dangerous, but, possibly assuming that it is like a world in which everyone has a horse and buggy, and then somebody offers you a brand new Toyota Prius. Or better yet a self driving Tesla car. Wouldn’t you take it?

Or better yet, let us choose maybe the most stable Tesla car, at least the design which has been perfected the most, probably the Tesla model S because simply it is their flagship model, the first one that was invented, and also the first one that was created. Or the Tesla model three which is like their new bread and butter.

Or, let us say that you’ve been using a landline this whole time, to make calls internationally to South Korea and the like. And then, I give you a new iPhone Pro, and tell you that you could just FaceTime people for free, internationally, unlimited forever, with no costs?

A good analogy

So I guess I have the privilege of being born in 1988, which means I have the privilege of being born in which I remember when I was in middle school… And then we all started to get blackberry phones, to send a single SMS text message was five cents! And to make a phone call… cost money based on how long you were on the phone.

So there are stories even in middle school, these guys and girls racking up bills for like $300 a month, which was insane for the time as a kid, because they were on the phone like three hours a day? Or some kids who had no idea and we just sent infinite text messages, and it would cost them like $500 a month?

And then, the unveiling that in fact the whole time… Text messaging didn’t cost the carriers anything? That the whole time, they were like a bunch of gangsters, collecting tolls off of something that was essentially free?

Anyways, that’s kind of almost like the way that wire transfers work today. Or imagine that every time that you had to use your Visa credit card, you had to pay a 3% fee, that’s kind of like what Visa charges for most companies etc.

Also, international phone calls, from the states to Asia. To purchase these cards were insanely expensive.

Brave new world

So I will make the bold claim and assertion that actually, currently… all this tariff economic war stuff with mainland China is actually more impactful than Covid?

Why? Ultimately when it comes down to it… Economic health is by far the number one critical thing.

Main Street vs Wall Street

For example I think that was very very shocking is that in the middle of COVID-19, all the big tech companies started to make an insane killing. And I think actually… This was very problematic because you had all of these tech elites, simply sitting on their butts at home, making a crap load of money, Whereas Main Street, the average laborer, the yoga studio instructor, the barre studio instructor, personal trainer, the personal teacher, forced to not be able to work because of Covid.

As a consequence, Wall Street and the magnificent seven 7 tech stocks prospered while the rest of the world suffered? 

Why everybody now doesn’t like Donald Trump, including the Republicans

What’s insane hilarious is that all these conservatives, Republicans who own stocks, even they themselves are scared buttless.

Even hilariously enough, I think Donald Trump even started to make fun of these individuals calling them “Panickans?” Haha. To me this is so insanely funny.

Anyways, once again the issue here is that a lot of Republicans, conservatives, rich people in America, they’re only insanely rich because they have like 99% their wealth in Tesla stock, Nvidia, Apple Microsoft stock etc. But now, with the whole magnificent seven text all crashing, because of the tariffs against China, this is kind of like a new paradigm shift. Once again, almost like going from 56K Internet, to 5G mobile Internet or fiber Internet?

Why is it so difficult for people to change?

My personal thought is that the issue here is that individuals have been conditioned to fear, and also to become risk-averse, and loss of averse, even when the chance of winning is certain.

I am 100% certain that bitcoin will go up forever, up to the right, forever, but once again, with volatility just like a heartbeat!

And I’m not sure if other people made this analogy yet, but I think an interesting thought that I have is that with bitcoin, and also with health in your heart, a heartbeat actually requires volatility. For example, for your heart to beat up and then down etc., a heartbeat cannot be steady or else you are dead. Also insanely interesting is that I think, when a heartbeat then becomes too stable is actually the sign of an incoming heart attack? So once again, you actually require variety and variation in your heartbeat, for maximum physical health.

I also think with relationships, let us stay with your spouse or whatever, a relationship without any variation or variety is bad. Like for example I would rather have relationship in which the highs are insanely high and the lows can be very low, rather than having a C+ steady relationship for the rest of my life. Once again that would be so insanely boring.

And I also think the paradigm shift here is that everyone just put their money in the boring S&P 500, assuming that it will just go out forever. But if I told you that the S&P would go down forever from now on unless you are a bitcoin backed thing, would you think different?

Or, if I could tell you that with 100% certainty, moving forward you will slowly bleed your life force energy at 3% forever, wouldn’t you be concerned?

Weightlifting

Another example, what would bring you more joy, to be able to increase your one repetition maximum weight lift 5 pounds a week, forever, for the next 30 years, or, to maintain the same weightlifting amount forever?

Or for example let us say that I could increase your one rep Max dead lift steadily 5 pounds a week, forever, which means you start off at like 135 pounds, then in a year you become 335 pounds, then in a year 475 pounds, then 555 pounds, then, 700 pounds, then 850 pounds, then 1000 pounds, 1200 pounds 1500 pounds etc.… Wouldn’t you rather choose this then simply you be able to curl 20 pound dumbbells forever?

Steady yet jagged?

So once again my analogy with bitcoin is this: it will forever be jagged up into the right! But once again, it will be like a roller coaster ride, op downs middles curves flips etc., and this is what makes it so great!

Life is a game of roller coaster tycoon,,, what kind of ride would you build and prefer?

ERIC

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ERIC KIM BLOG >

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Whoa yesterday was a wild ride.

I guess I have true skin in the game, just a quick breather.

1,000 pound lift

So I think a big thing:

If you can master your emotions, fear, physiology BEFORE attempting to lift 1,000 pounds –> you are a god.

Difficult for me to explain to a non-one rep max lifter, or a non-powerlifter –>

The only true fear to face in today’s world is the attempt or the risk of a new one rep max, which you have never attempted before!

Why?

Some fears:

1. Will the equipment break?
2. Will you injure yourself?

Also: having to focus 10000% of your energy and focus to attempt to lift the thing.

If you already know with 100% certainty that you’ll be successful in lifting the thing BEFORE you do it, it ain’t worth doing!

Master your physiology, master your emotions.

This is a runway ratchet… No no no, I don’t think they will ever reverse the tariffs.

The death of the magnificent 7

The magnificent seven, the top text stocks, Amazon Apple Facebook etc. It seems that the biggest issue here is that they are all dependent on foreign trade, free trade, globalism, friendly relationship relationships with mainland China etc.

Even the big one… Apple, not a good sign. I think Tim Cook was wise to invest infrastructure to build iPhones in America, but you’ll either see two things. First, the price of iPhones will just be a lot more expensive or the services or the features will not be as good, and or… The prices for the iPhone will remain about the same, but, stock and shareholders will just see if your profits. Less growth more stagnation.

Who is safe?

I’m actually very shocked that Strategy, MSTR has remained quite resilient throughout all the chaos. On Friday it actually traded up, and starting this week, black Monday 2.0, MSTR is actually holding up very well!

The future is digital

The future is digital, cyber. Not physical products, but digital ones. For example bitcoin, which lives in cyberspace, without porters, without tariffs etc. I think the new future of profitable products will be bitcoin based.

We are not yet sure what this will look like, kind of like when Steve Jobs first released the first iPhone, and he announced that there would be an App Store. Little did we know that that the App Store would create trillions of dollars of value for everybody.

Imagine a bitcoin App Store?

Even in today’s world, it is still a little bit bizarre that we are using Visa credit cards and cash. Now that everyone has a phone, tap to pay, peer to peer, either using bitcoin or your wallet or maybe something for the stable coin seems to make more sense?

Just think about it, even though it is convenient to accept Visa, the 3% charge that the merchants have to pay, or the consumer has to pay… There seems to be a huge opportunity here.

Also, it seems the whole time, everybody has been living very fat. Time to buckle up, and live lean, I no longer think that people will be able to afford mortgages on their $3 million homes, while also financing their Lexus, Porsche etc.

Why all the models are broken

Donald Trump seems to have been the ultimate black Swan. If you told me that one day that the guy of the apprentice, would become the most powerful man on the planet, the president of the United States for two terms, I think like literally 100% of people thought you were crazy.

Also this tariff war, surprisingly it was actually not out of nowhere. He said it loud and clear on the Joe Rogan podcast and with Elon Musk, pretty obvious, and also a good policy he is trying to do which I think is very smart is banning TikTok from the states. It is simple reciprocity;

Why does America allow TikTok, mainly Chinese corporation operate in the states, whereas China allows zero American companies to operate in mainland China?

Saving up for your retirement was essentially betting that the magnificent seven would go on forever

Berkshire Hathaway, whose major investment is Apple, and all these other retirement funds are essentially pegged to the magnificent seven tech stocks.

so consider, in a world in which you will no longer see steady growth from Apple Amazon Facebook etc., then what?

Bitcoin is the answer

I think it’s pretty obvious, it’s like the Internet 3.0. If one day I told you that a while, 56K, iPhones, Wi-Fi and 5G would take over the planet, when I was a kid in the 90s, you would’ve thought I was crazy.

Sometimes not taking a risk is the most risky option of it all

If life were a corny movie, kind of true. Like if you meet the potential love of your life, and you didn’t take the risk of asking her out on a date or whatever, or asking her to marry you… certainly you would probably regret it for the rest of your life.

Who will thrive in today’s brave new world?

I have a prediction. Moving forward, we will never ever ever see stability again. It will continue to become more chaotic, more hyper, more volatile.

Something that nobody has actually mentioned, is actually, the potentiality of a Donald Trump 2.0, somebody who is actually more volatile and unpredictable than him? 

Eric Trump?

Hilarious he shares my first name! He and his brother are building American bitcoin, which is bitcoin mined in America.

Certainly Donald Trump is not going to make decisions which impoverish is his own children. So isn’t it super super obvious that bitcoin is the future and the way?

New economic models?

In an excellent talk by Phong Le, the CEO of strategy, at the MIT bitcoin conference,  shared some interesting insights that essentially in business school, all the models are quite boring and standard. Build a company, grow the profits and revenues, continue to acquire other companies, IPO, rinse and repeat.

Or, you become a consultant or a banker, a money manager.

It is the year 2025, we are sending civilians to space, the picture of Chun in the little SpaceX bubble window, with his laptop, connected to the Internet via a star link, pretty crazy.

“Are we the first generation of digital nomads in space?” – Chun

So why are we still like living in the 19th or 20th or 21st century? We gotta think the 22nd century and beyond.

Baby boomers are dead

Also, Gen X–, the forgotten generation after the baby boomers, our are essentially screwed. 

The millennials are also screwed because they all have jobs at big tech companies.

Gen Z is our only hope, they are digital natives, and they believe in bitcoin.

Live for today day by day

Carpe diem!

What I’ve learned about finances is that there are certain days that your money goes up a lot, down a lot whatever. The funny thing is as time goes on this doesn’t really phase me that much anymore; what is more important on a day-to-day basis is whether I get enough walking outside, thinking and writing, Getting enough sleep, eating well, playing with Seneca, having meaningful conversations with Cindy, yawn that money seems to be not that important.

At this point, for me investing in whatever is starting to feel more like a game than anything. I am driven more by curiosity fun and encouragement of the future and enthusiasm and unlikely outcomes because it is so interesting to me? Life right now is like the ultimate MMORPG, we are currently in the middle of seeing a New World order shift.

Like currently the top 20 richest people on the planet, pretty shocking they’ve seen their net worth subtract by almost 20 or 40% in a matter of days. Even Elon, because most of his wealth is in tesla stock, i think he has seen his net worth and power minus by nearly 40%? 

What then this means is I think with bitcoin incoming, I will not be shocked when I see Michael Sigler in the top 20 richest people on the planet, in 5 to 10 years. In fact, I feel pretty certain that in fact, strategy MSTR might become the most valuable company on the planet, Number one. Dethroning Apple.

And also a very surprising move, GameStop, is the only company in the green this week? And they are pivoting to also accumulating and acquiring bitcoin?

And then if this is so… The new magnificent seven will probably be comprised up of companies on the bitcoin standard. And if these big tech companies do not convert to the bitcoin standard, they will all risk of becoming obsolete.

Wow, life in Cambodia Phnom Penh is so good… Too good! 

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Serviced apartments

So we just signed a three month lease, for a nice service department. This is kind of an interesting concept… In which you’re staying at a super nice floor to ceiling window apartment condominium, and twice a week, cleaners come in and clean your whole place?

Thinking about life in Los Angeles… I’m like a peon having to vacuum my own place every day… Take out the trash, clean the windows etc. Here, life leverage is like a trillion times better.

First, I’ve just recovered so much free time in the day! And also,  found a really wonderful international school year for Seneca, this play based, color based artistic free range “Waldorf school” (without the anti-VAXxers), and now… Life feels infinite?

Labor

The big thing about being in Cambodia… Labor is so plentiful and cheap. Typically in the states, we find most of our labor from like Central America, Mexico El Salvador Guatemala etc. Yet the problem is they’re still being paid like $20 an hour, which means Labor is still so expensive in America! Triste to Cambodia, in which a laborer just makes like $150 a month, your US dollars goes a lot further here.

Thinking global

So our current apartment is probably like 1000 times better than our apartment back in the states, in which we pay $3200 a month here it’s like $1500 a month. But like at least 100 times nicer.

Therefore think about the economic parity here;  paying half the cost, for 10,000 times more service and superior facilities and lifestyle?

is there anything I miss about the states?

Certainly living in America, you have the ultimate access to commercial goods and products. However beside this… Nothing I really miss about this dates. I kind of miss my Texas power squad bar at home, and my 50 kg steel plates, but besides this… Nothing I miss.

Like like 1 trillion times better; and even ironically comparing Phnom Penh to LA — PP is like 1000x better? In terms of walking around, the friendliness of people, and everyone here is just happy!

My theory is that Buddhist countries, Cambodia Thailand etc.… People are just much happier! Much kinder, more friendly, more positive and optimistic!

Send call Sam made an interesting observation is that you don’t see many police officers in Cambodia, perhaps because there is less heavy theft and violence. Certainly there’s probably some crime that happened here like petty theft, but you won’t be worrying about some sort of random talking in LA with a concealed gun?

Safety

Also a funny thing… I feel like 1 billion times safer in Phnom Penh than Los Angeles. Once again here is again at the whole concealed gun thing; I have no issues getting into an argument with a random Angelino on the streets about him being an asshole smoker in public, but the only fear I ever get is that if I get into some sort of aggressive behavior with somebody on the streets in LA… Once again they’re gonna pop out a gun and pop me.

Living in a country without guns is better. 

Pace

Even during peak rush-hour here in Phnom Penh, it is shockingly peaceful quiet, very very little honking. You get a lot more honking in Vietnam in LA that you do here in Cambodia.

The country

One of the problems about being in Vietnam or other countries, China adjacent countries is that there’s some sort of fear that comes with social media Internet monitoring and censorship here in Cambodia I don’t feel none of that.

Also, the friendliness and kindliness of people. One of the weird things about being in LA and the state is that everyone is trying to size you up, people are very very suspicious in a bad way, and very antisocial? Here everybody smiles at you, greets you, does the hand together peace gesture and the subtle bow. People are far more respectful than even Koreans, and also genuinely kind.

is there any good reason to not live in Cambodia?

I don’t think so. A subtle nuance, I really don’t like Siem Reap, I prefer Phnom Penh 10000000x better. Why? Too many degenerate expats in Siem Reap, and also, my theory is that because PP is a real city, much more built in joy and optimism here!

Developing growth

So also a big thing… I think people tend to be happier when there is optimism, upward growth. For example here in Phnom Penh there are so many new skyscrapers and condominiums currently being built, which is a very optimistic site! The reason why it is so wonderful is that we are still in the earliest stages of capital and capitalism here, the downside of being in America that already feels tapped out.

Therefore as a principal: the idea is that, upwards growth is an idea? 

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Towards what ends?

This is where I started to get interesting… Once you no longer really really need the wealth, but if it becomes more of like kind of a philosophical thing or a principle, then what?

For example, a happy thought… I could live like 1000 years in Cambodia and never run out of money without even digging into my principal. 

I think the poverty mindset that we get an America’s because once again… Everything is so expensive, everything then feels untenable?

The irony is even for the rich, life in America kind of sucks. For example, even for the super rich, most people do not have full-time nannies, or full-time living in with them?

I think if you’re wealthy, at best you might have like a cleaner who comes in pretty frequently and cleans up. But ideas of like having a private driver or stuff like that, a non-concept in America.

Thinking Asian 

Also what I like about here is that when it comes to labor, cheap labor, the standard worker, there is not a strange sense of indignation that you get from people in the states. For example that American mentality is that “this work is beneath me“, But here in Cambodia… None of that. Everyone is happy grateful, and far more joyful!

Even the sense of optimism and striving here, much more positive. Everyone certainly wants a better living condition, but it’s not in this angsty way that you feel like in America. 

So now what?

So now, assuming that you live in a happy optimistic place, then what?

For myself… Then it comes down to pioneering and experimenting with new modes of innovation. Autotelic innovation — creating new things and innovating for the sake of it? Rather than having to innovate in order to earn more money or whatever? 

ERIC

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Things on my plate

1. Revamping arsbeta.com:  perhaps with the assistance of ChatGPT, and Grok for the coding stuff?
2. Getting back into social media, specifically the blue check paid premium X — I very much like the ethics of a paid social media service, no hidden catches.
3. Building an X bot, in the voice of ERIC KIM

ChatGPT composition checker

One thing I encourage you to check out and experiment and play with is this ChatGPT bot I made, called “composition checker”. I’m pretty sure… It has like over 1000+ conversations so I think it’s assigned that having some sort of AI Chatbot that can help you get instant feedback on your photos how to improve, this is a good idea.

Also something that I’m kind of working right now towards is heat map searching and mapping for images. This will be a new arbeta.com function I’m going to try to add. 

Now what?

You got Grok, and ChatGPT pay… Infinite opportunities here?

ERIC

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BLOG, START HERE

**

Choose audacity

The closing thought:

When in doubt, become more hard-core, audacious, reckless?

ERIC

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Get (human) feedback on your photos

Upload your best photos to Arsbeta.com >

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BOOKS

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Perhaps Investing in Some Ephemeral Things Is a Good Idea!

Not everything needs to last forever?

So a big thing; life is a femoral, you don’t live forever. Bitcoin will last forever but your own personal life will not.

As a consequence, realizing that your own personal life is fine night is typically a good idea. But also to invest your energies towards the future, future generations that will outlive you is a very noble idea.

your kids kids kids

So big thought I’ve been having at least in terms of building the family bitcoin treasury for future generations, I almost have like zero interest in presently using our family treasury towards myself, besides simple stuff like purchasing weightlifting equipment, weights etc. And also I guess the upside is  that the barbell and weights that I buy today, Seneca could use it as he becomes a teenager, and one day he might be able to even pass down these weights to his kids and their kids.

The opposite of selfish?

You only live for yourself and the only thing about yourself your own well-being, using your own money for yourself… Your own lifestyle, it’s very selfish. The tricky thing here is that selfish doesn’t mean evil, it often just means shortsighted. 

Also the big realization is that concern for your kids and your family is different than concern for this ambiguous “world”, the way you treat your own family should be very very different than the way you conceive of random other families or kids.

So for example, thinking about money inheritance and capital, a very very simple precept that I might be able to give to Seneca:

Never sell the family bitcoin 

If we think of bitcoin as the new perfect digital capital, it is like saying that you own a hotel or prime real estate on fifth Avenue in Manhattan, on the main island in New York City, to sell a portion of that to purchase some silly thing.

The wisdom of every single wealthy family on the planet is simple: you never sell the property, but rather, you use it to leverage and lever up, and what you actually do is your leverage your capital – like taking a mortgage or loan or using your property bitcoin or real estate as collateral, in order to continue to grow the family fortune. 

The fear of every bodybuilder 

So let me use a fun analogy, weightlifting and bodybuilders, or even powerlifters. The fear of every single person is losing muscle mass, losing weight, for also… Losing their one rep maximum lift.

Another one which also ties in finances — the fear of plateaus. 

For example, let us say that you accumulated and acquired a certain amount of bitcoin. This is great and wonderful, but once you hit a plateau in which you are no longer able to accumulate or acquire morbid, this becomes extremely annoying. And therefore, we will use our ingenuity in our creativity to devise of new ways in order to accumulate and acquire more bitcoin.

The same thing goes with money managers finances, investors… The goal should be towards infinity, rather than having a certain hard set amount. This is the genesis and the origin of human desire and capital. 

For example, the way that a lot of weightlifters are very shortsighted is that they have a certain number in mind, and then they strive with all of their might power and soul toward this lofty ball… But once they hit it, they then become complacent, and stop being creative.

I’ll get the example, my very very strong desire was to atlas lift 1000 pounds, but once I achieve that goal, I kind of lost a desire. And this is not a good thing. After fumbling around, tinkering, identifies of a new way I could lift even greater weight, with less strain, and with greater leverage, this genius idea of being able to use a weightlifting dip belt, to wrap it around the center of a barbell, to essentially transform the rack pull into a glorified hip lift,  and the thing which is quite amazing is that it is actually very very easy to lift weights when you have it around your hips. The only reason I don’t think more people do this is that a weightlifting hip belt machine is not available at most gyms, and is not mainstream. I know there is a Titan fitness machine for weightlifting with your hip belt, but I also think the problem is that because there are no weightlifting competitions in which you use a hip lifting belt, it is not standardize like a bench press a dead lift or a squat.

Don’t have a number in mind

The proper answer to what your number is, should be “more“.

One thing I like about considering the whole bitcoin economy, the whole world economy is that wealth in capital is infinite. Currently, you consider all of the world’s capital being around $900 trillion, and thinking half of it is for a long-term store of value, 450, trillion, Those are big numbers.

Even if you think about the whole world economy… Being $900 trillion, and even having the ambition of owning one percent of it, this is a good goal.

How and why do we think so small?

I think the first big thing is that we must think global. The biggest problem that I think we face is that we think too insular.

For example, if you live in the states, Los Angeles America California or whatever… Realize that you actually live in a tiny bubble. Even though LA California is huge, still… If you think about it globally, you are just another insignificant dot on the world map.

Let me give you an example… I’m currently voice dictating these lines on my iPad Pro as I walk through the beautiful streets of Phnom Penh Cambodia.  once you make it to Asia Southeast Asia and beyond you will realize how much life sucks in America. Even for the rich.

For example we’re currently doing a short term stay at a lovely serviced luxury apartment here, only about $1400 a month, for light peak luxury. The largest floor to ceiling windows of all time, the best in front of staff, everything insanely brand new and wonderful.

And then I think about being back in America and LA… It is insane you’re buying these like $2 million homes which are built in the 1920s or the 1950s? Why would you spend so much money on decaying capital? 

Certainly there are many upsides of living in America, I think the biggest one is access to capital markets, access to the US stock exchange. For example one difficulty that I am having being here in Asia time is having to either stay up late or wake up at like 1 AM or 2 AM to execute certain orders on the stock exchange, in regards to MSTR stock, or more recently taking a leveraged margin option of purchasing MSTU, which is essentially an ETF which is designed to be 2X levered long MSTR, microstrategy (Strategy) stock.  And after having to wake up super super early in the middle of the night, having to stare at a shiny iPad Pro screen in the middle of the night, disturbing my sleep, feeling like crap the next day, even a funny thought:

All the money in the world is not worth losing a good nights sleep? 

Therefore I think a general idea is that it is better to be more greedy with your energy sleep and time and energy rather than being greedy for money? Because energy sleep and great physical health is worth 1 billion times more than all the money in the world. 

For example, you cannot like inject $1 million into your left butt cheek, hoping that it will give you a good night sleep. No, often the worries about finances will keep you up later tonight, ruin your sleep, and ruin your health.

Even look at Elon Musk, the economic goat, if you just give him a good look and a good stare, in his zoom calls and interviews or whatever… He looks like the worst health of his life. And Elon is notorious for having poor health because he thinks too much like a nerd, I don’t think he really understands the criticality of health. 

And also, I think everyone has his own mission critical mission for their lives. Elon’s goal is to take us to Mars and beyond, this is not my goal is it your goal therefore the way we conduct our lives should be different.

For me my primary concern is the thriving of Seneca, and also, thinking about his kids kids kids. Also for the health of my mom and Cindy, my whole immediate family.

What should I not be concerned about? 

I called this ERIC KIM‘s razor, — to ruthlessly prune away all distractions.

Let me give you an example, I have made like 100,000 times more money by just investing in bitcoin, MSTR stock, and just staying focused, rather than wasting time on text messages, email, or social media.

And I think this is a big thought: in the last like 15 years, there has practically been no financially lucrative opportunities that have ever magically come to me through my email inbox. Therefore ironically enough… I think the secret of becoming richer and wealth you’re making more money is via negativa; not using your email inbox?  

Only news now I consume is Twitter X, anything related to bitcoin. This includes following at @saylor, BTC archive, documenting bitcoin ,,, is where I get like 99.9% of my signal. The rest comes from my morning walks, Zen out, letting my mind go follow, thinking by myself for myself on myself.

a non-material existence

The thing which is always so shocking to me is the second that I settle into life when I am in Asia, I become like 1 trillion times more zen. For example, no more silly cravings for silly vehicles, possessions and stuff, no more desires for Amazon prime or online shopping or purchasing stuff. Rather, a greater focus towards thinking, pursuing creative capital, empowering ideas and thoughts? 

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So kind of a bad philosophy that I have… After thinking about this for a long time, assuming there is wise and there is foolish, there is courageous and there is cowardly… It seems that the truth of the matter is then, assuming that most people are foolish, what that then means is that most people don’t know what is good for them.

For example, the fault of the Austrian economists like Murray Rothsbard etc is that they say that each individual is 100% rational agent, which means that the decisions that people made for themselves, is for their best interest, even though we made sneer at them for being foolish. 

OK then assuming that the majority is right, that then means that 80% of Americans who are obese and overfat is a good thing, that the Toyota Corolla is the best car on the planet, that Starbucks Frappuccino‘s are the best beverage, and that McDonald’s hamburgers are both the best food item in that McDonald’s is the most successful restaurant of all time. And that China mainland China because she has the highest sheer number of individuals, is the best nation.

Certainly we know this is not the case. The reality of the matter is that assuming that we are the new Spartans, King Leonidas and his 300… certainly better to be a spartan 300 than one of the million Persian slaves, and also, better to be a Sparta with her few inhabitants than Persia.

Visuals

In reading the politics by Aristotle, the good idea I have is… Thinking of this notion of being a philosopher king. The general idea is that almost all of the systems are bad.

For example, according to Aristotle democracy is bad because for the most part it is governed by a bunch of poor people, without much virtue because freeman Are the only men who could actually attend virtue, because they actually have leisure.

Certainly Aristotle knows that tyranny is bad.  but I think the difficult thing is that people kind of define tyranny in an imprecise manner… a tyrant is actually an individual in which all the power resides in one person. 

Oligarchies are bad because oligarchies only imply rank based on riches. 

Then what is the direction we head towards?

I’m King Leonidas 

I was recently re-watching the movie 300 on the plane, thinking of King Leonidas, as a child, not being thrown off the cliff, and then, in the winter with the wolf, no fear just a heightened sense of things – a similar feeling, right beyond the first and the last moment with King Xerxes, the final stand.

Obvious decisions are obvious

Typically, when I’m not 100% certain about a decision, I just put on my weight vest, and I go on a long walk.

Once you have come to your decision, obvious decisions are pretty obvious.

Maybe once you have reached your obvious decision, it is like casting your spear, with your form perfect, throwing it straight into the head of Xerxes.

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Once you throw the spear, don’t look back.

ERIC



So not to invoke too much weird conspiracy theories or whatever, trying to think about this more sociologically and philosophically, I like this idea of thinking about social engineering, being a social engineer etc. 

Thank god for sociology

First, I’m starting more and more… That my studies and deep dive into sociology has actually yielded amazing fortunes.

First, ironically enough, studying sociology and teaching me to “de-matrix” myself has made me a lot financially richer. Like insanely a lot.

For example, I’m pretty certain and committed to the idea that anybody who got in early on bitcoin, like I did in 2018, when bitcoin was only $6999 a coin, you kind of needed a little bit of disconnection from reality, etc. For example, starting to unlearn ideas of currency etc., back in 2017 when I was zenning out in Vietnam  was certainly one of the greatest windfalls in my life. 

People like to talk a lot about “reality,” perhaps it is better to think about first principles physics etc.  for example, I’ve been doing another deep dive into my best friend Aristotle, and one of the greatest things about Aristotle, and honestly the funny thing is that nobody criticizes the great Aristotle, because he had his head screwed on well, the general idea is that I think the best way to profit in life is to think first principles, back to basics.

For example, Aristotle in his ethics, talks about chief goods, which essentially means the end goals or desires that we have of something.

first principles,  thinking from first principles maybe one of the greatest superpowers of Elon Musk. For example, if you think about Tesla; rather than thinking about “how to make a better car“, which is just the Toyota kaizen Way  i’m making each generation of the car about 3% better indefinitely, a first principles approach is like asking the question “what should a car be and what should a car look like?”

Other example with Steve Jobs, the original first principles thinker; when he was prototyping and imagining the first iPhone, rather than thinking by analogy, which is like how do we take a pre-existing blackberry and make it “better“, he reimagined the whole thing. He had the genius idea that it should just be all screen, And to get rid of the physical keyboard, even though people were addicted to their crack berries with the physical keys. I still remember in the early days when I was in high school, even an early college, when the original iPhone came out, people will talk about how their words per minute on the blackberry was like 1 billion times faster. But now, once again thinking about first principles, I never type anything with my fingers on my thumbs anymore, only voice dictation. Why? Voice dictation is still like 1000 times faster than typing on a keyboard and certainly your thumbs. 

I’m pretty convinced that the only reason people don’t use voice dictation more is because they are fearful of looking stupid. And this is where I have found it insanely beneficial to spend a lot of time traveling being in different countries etc., other countries they use voice dictation like almost 100% at the time. For example in Cambodia, to type in Khmer the local language takes like 1 trillion stroke so everybody has devised that it is actually much more efficient to voice dictate everything.

Also, one of the grand upsides of interacting and mingling with mainland Chinese, who often walk around the grocery store with two brand new iPhone pros that done each other, hand holding it, is that they have mastered the art of voice dictation out loud, with zero shame.

If anything, the only reason why people hate mainland Chinese people is that they wish they were them; full of zero concerns about other people their perceptions, all wearing Louis Vuitton, and they really don’t care about what other people think about them. And they’re like 1 trillion times richer than you. 

Courage of being outside, the courage of social life 

So after 10 days in Mexico, 11 days, going to see the monarch butterflies in Mexico at Valle de bravo, Mexico City, and also renting a car and driving for a few days, what have I learned?

First, ironically enough LA is kind of like paradise, especially being in West LA, Culver City. Why? First, one of the biggest issues about a lot of these great foreign countries, is pollution. In the race to industrialized, pollution is out of control. For example I love Mexico City to death, but one of the critical issues here is that There is so much pollution outside, and I don’t think there really are any laws against pollution there, so you see so many trucks without Cal converters driving around, smogging up the air. 

Second smoking. For me, one of the things I made hit the most in embody reality is secondhand cigarette smell. And this is the big ethical issue: 

Technically, when a smoker smokes a cigarette, because they are doing it through a filter, they actually are being exposed to less cancer than their secondhand smoke which they shoot out.

First do no harm unto others. This means ethically, one should not be permitted to smoke in public. Public means where there is other people who are walking around you.

Which means, ethically, it is fine for you to smoke inside your house with your windows closed or your car windows closed etc., but ethically, one should not be permitted to smoke outside in public or on the street.

What are the things which is actually insanely infuriating to me is that people have a strong sense of indignant about smoking in public like he has some sort of God-given rights to do so? Not only that but most people are kind of wimps, they are a bunch of sissies who don’t have the courage to ask a person to not smoke in public. Especially when you’re with your kid.

Actually this is a big thing I’ve personally discovered for myself is that things are now different once you have a young kid, I think in the past when people would smoke I would just take it, but now that I share the air with Seneca, it is for his sake.

Therefore, my thought on being a defender or an avenger is to simply defend those who you love, obviously your firstborn son, your wife, your mom etc.

Protect and defend those who you truly care for. 

Meat Paradise 

Going to Costco yesterday, picking up ribeye steak, beef ribs etc.… The truth is seriously in America we have access to everything. Even Amazon prime, we are seriously living in the best world of all time.

Also another random thought; the upside of living on the second story apartment building, you have access to more natural light! Nowadays the meme is for a lot of wealthy LA homeowners to build these funny two or three story mini building block Lego houses, but the great tragedy here is that when you’re on the bottom floor, you don’t have any access to natural life. Therefore the name of the game is to keep building higher, the second or third floor, in order to absorb a little bit more natural light.

Even my mom who had this very interesting idea is that why do plant humans other natural beings need water? For photosynthesis, photo like futons, the light, and to synthesize energy and power.

Also ironically enough if you think about the word photosynthesis, and that we are photographers and we shoot and we make photos, shouldn’t we integrate more light photons into our everyday life?

Photon Canon!

One of my favorite games is a kid growing up was Marvel versus Capcom, and also one of my favorite characters was Iron Man, and also war machine. They had this pretty cool super in which Iron Man can shoot a photon cannon.

Pretty cool because you could hardness the power of the sun, you could do real damage?

Also a fun idea is that actually, if you think about the genius of Elon Musk, Tesla, solar city etc. is the general idea of harnessing the power of the sun, solar panels solar panel power , as certainly the future.

Certainly the technology that we have access to right now doesn’t have enough power yet, but, it seems to be the most logical path forward.

harnessing more sun in your own everyday life?

Therefore the funny idea I have; maybe if you desire more strength power or whatever, just spend more time outside in the sun! If you’re afraid of the sun put on some sun block or a hat, but no no no you will not get sun cancer.

Certainly there are cases in which if your heritage is super super north Sweden, and your pale as a ghost, then maybe putting on sunscreen and hat and stuff is a good idea, but still, don’t be afraid of the sun, embrace it!

goals?

So, some simple thoughts:

First, still… Whenever I meet a lot of people their life goals and dreams and ambitions typically involve some sort of travel like traveling to Japan, etc. And even though traveling could be seen as a little bit superficial sometimes, I still think it is a super good idea because it will really really open up your eyes to the rest of the world, to re-challenge your typical assumptions, etc.

Second, create your own doge.  Department of governmental efficiency is literally about just cutting programs which seem kind of superfluous. Political matters aside, I do believe it is a good idea to try to cut superfluous expenses whenever possible, and therefore, it seems that it will almost always be a smart economic decision to cut costs, efficiency is all about cost cutting. 

Also, what a lot of people do not understand about Elon Musk, Jack Dorsey all these great entrepreneurs, is that in fact, they’re genius is sprung from the fact that they are masters of efficiency and cost cutting. Even Jeff Bezos, don’t forget how he would cut out Doors from Home Depot to create desks. Even apparently CEOs at IKEA all fly economy as well.

Spartan Sexiness

Some superficial things I often think about is like what is the best car, the best clothes etc., but the truth is the best shirt is no shirt, being topless or shirtless, think of King Leonidas and his 300.

Even pants and shorts, essentially know that the Spartans were all essentially in male bikinis. Even a kind of random thing is that my last pair of ex officio underwear that I purchased were the black “give N go 2.0” briefs — not the boxers, but the ones that look like a speedo.

Sublime samurai

One of my favorite visuals is this all black all Matt black samurai in full samurai armor, with some hints of gold and red tassels, from chubby cattle.

Even though all black everything all that black everything is kind of a superficial aesthetic, screw it, it’s still pretty good.

bitcoin belongs to me! 

We are all Satoshi we are all Michael Saylor

I think ultimately my great pride of owning bitcoin, bitcoin is like a bitcoin owner or a property owner, is that there is actually a deep sense of pride in owning bitcoin.

Considering that I’ve been stacking bitcoin since 2018, like at least 20 or 30 purchase orders, I guess I am really committed.

Even though bitcoin is still kind of political now, considering the US strategic bitcoin reserve act,  one of the big ideas and thoughts is that bitcoin is for the most part, pretty a political which then means, you can just bitcoin and chill, without having to stay updated with annoying news about all this ridiculous political matters and affairs. 

So a big thought on my mind, is thinking and wondering what is more valuable; bitcoin, microstrategy, something else?

So one of the first investor announcements in which I attended, live webinar, hosted on Zoom, for micro strategy maybe like October 30 last year… Very very exciting as it was my first time attending a live investor call. To see Michael Saylor in the virtual flesh, life was really really exciting… Like seeing a live rockstar!

Anyways, well what was kind of interesting was Michael Saylor branded microstrategy as a “bitcoin treasury company“, or funny enough a… “BTC”.

In another talk Saylor did in front of a bunch of investors, maybe a month prior to that, Michael essentially noted that essentially microstrategy was becoming a bitcoin bank, however you cannot do overnight deposits and withdrawals which means that microstrategy has a permanent base of bitcoin treasury. And if we think about the greater macro trends of bitcoin going up forever to the top right, then what that means is that microstrategy is easily poised to become a $1 trillion plus company. Maybe at least 3 trillion or even 10 trillion in the next 10 to 20 years?

Bitcoin bank

I think for a long time if you said, you can invest in a bank, in the early days– it would be seen as a winning bet. For example can you imagine investing in JP Morgan Chase like 120, 200, 300 years ago? Certainly your family would have a fortune.

Or another analogy is like becoming standard oil, becoming an oil company, investing in oil. Certainly everybody understands that oil is valuable, but the way that John D. Rockefeller made it very very useful was being able to standardize oil, and transform the crude oil product into useful stuff like creating asphalt and also Jet fuel engine, and the gasoline you put in your car.

Standardizing Bitcoin, Standard Bitcoin

Year 1!

We are still in the early days of bitcoin, and now… The floodgates have opened. I feel like the whole planet right now is like a crypto arena, like a real life game of gladiator, a crypto Colosseum.

Anyways, things are starting to get fun and interesting; the reason being that now when everyone is becoming to get scared shitless, this is when the real fun begins! If anything, I’m hungry to get access to more capital, to invest when everybody else is scared. I guess having big balls is a huge benefit in today’s fun exciting volatile world.

Wagyu is the key

In a totally unrelated note, on my 37th birthday, I had the extreme pleasure of being treated to the “gold”, level of all you eat Japanese Wagyu Korean barbecue style, in Little Tokyo at my new favorite restaurant on the planet, “Chubby Cattle”. All you can eat wagyu, A5 Wagyu… I love America!

And also kind of unrelated, probably one of the best kept secrets is that Costco sells American style Wagyu beef, ground beef, 70/30, in these bricks, which taste insanely good and great, and is only maybe like I think five dollars a pound? Typically my favorite is beef ribs, but one of the big problems about beef ribs is that half of the weight is just a bone, which is in some sense “filler”, unless you instant pot the rib bones later to make a beef bone broth soup, which is also a good idea.

But anyways, I had only about 3 pounds of the Costco Wagyu ground beef last night, just cooked as simple burger patties, and I slept in like two minutes. I’m almost wondering… If you suffer from insomnia I have a hard time sleeping whatever, just try this; get a bunch of the Costco Wagyu ground beef, cook it at home on your fry pan or air fryer, try to eat at least three or 4 pounds of it, and then I can almost guarantee you that you’ll fall asleep immediately. And the upside of sleeping insanely well  is that the next day, you wake up with so much bigger joy excitement, strength wellness optimism happiness and glee, and isn’t this what everybody wants?

No man or woman can resist staying up,,, if you’re eaten 5 pounds of Wagyu beef!

When in doubt, eat more Wagyu!

Weight lifting

I’m starting to think more and more, certainly anybody and everybody can benefit from weightlifting, doesn’t matter if it is your 69-year-old mom, your neighbor next-door, you and your wife your kids whatever.

Instead of thinking of it like weightlifting, maybe we should think of it like gravity training. If you think about Goku in the gravity chamber, the basic concept and principle is simple; you’re fighting against gravity, which will strengthen your tendons your bones your ligaments your body your muscles etc.… but I think the key idea and the key secret is towards strengthening and hormesis; you do not want long-term stress on your body at a medium intensity. Instead, you want an insanely high stressor or insanely high impact, for like half a second, for an insanely short duration, infrequently.

For example, better to lift 1000 pounds, once, for half a centimeter, once a week rather than to lift 100 pounds, 100 times, five days a week.

ONE REP MAX IS KEY.

Don’t be a runner, be a sprinter!

Also in terms of fitness, better to do insanely short fun sprints, for like 30 seconds, the “HIIT” style, high intensity interval training rather than “run“ for like five hours straight?

Or better to train for the 100 yard dash then to train for an ultra long marathon!

Also if you think about it… Think about 0 to 60 times, this is the ultimate test of any car. Better to go plaid, 0 to 60 in 1.99 seconds, then to drive a Toyota Prius for like 1000 miles.

Once again, better to Usain Bolt it than to be one of those emaciated dying into low looking ultra distance runners. 

Ground beliefs

So, assuming that you have the ground truth that bitcoin is going up forever, in a very volatile manner, very jittery, up-and-down, but ultimately to the top and right forever, then what?

I also have a very interesting personal thesis about returns; maybe from a physics perspective, the general idea is that in order for a high to go higher, you need a lower low?

For example, if you did not have insanely high dips down, you cannot have new insanely high highs?

This also becomes interesting as a life philosophy, in theory if you want higher highs, you also need lower lows?

Maximizing pleasure & joy?

I think what a lot of basic hedonists don’t understand is that actually, if you desire a higher high you also need a lower low. What that means is simple; in order to harness a higher high, you actually need to become more spartan, sparing, embrace fasting.

For example, rather than blowing your load every single day, if you want to in theory maximize your hedonic sexual pleasure, you would actually in theory… Want to be celibate for like 29 days, and only have intercourse once a month? 

Similarly speaking, if you were dumb rich, you would not want to buy a Lamborghini each and every single day, 30 days straight, 365 days in a year straight. This would probably not bring you much joy. It’s kind of also like eating Japanese A5 Wagyu meat, it is only enjoyable if you eat it like once a year, once a month at tops, if you have it each and every single day, even the richest most wonderful thing can lose its appeal.

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I LOVE LA FOREVER!

My mind is blown… It’s like February 2, still technically dead winter, and the sun outside is so beautiful warm and nice, I could still be shirtless end of January early February? I’m never leaving this place!

Actually one of the funniest thoughts I have about leaving the state going to Vietnam for about a month Hong Kong for a weekend being back… Things that America, LA and the west side have going for it:

1. Air quality here is 10000x cleaner and better than Asia: Ironically enough, one of the greatest benefits of being in the west side, Culver City etc.… Is actually, there’s not many smokers. It is quite rare here. Compare this to being in Hong Kong Kong, in which literally like 99% of the men all smoke in the streets? And also being in Saigon, I love Saigon to death but the downside is because of the rapid industrialization, the pollution in Saigon and Vietnam is so bad.
2. Access to meat: in another funny turn of events, actually, having access to beef and meat in America is like 100 times better than anywhere else in the world? If you’re in Asia , getting access to beef is actually very difficult; I suppose all the government subsidies for beef in America will benefit us. 
3. Freedom of speech: after being in Asia, the truth is you don’t really have freedom of speech in Asia. One wrong sentiment and boom, you’re gonna get a knock on your door. And also… Internet censorship, no no no, the Internet is not censored in America, it is more or less 100% free. Just try going to anywhere in Asia or Southeast Asia, when certain websites are banned or blocked or whatever… And then your mind will be opened. Even a simple thing… If you’re in Hong Kong, you cannot use ChatGPT. 

What if where you currently were standing were already paradise? 

I also have another funny sentiment; actually a very positive and optimistic one: we forward in 2025 I’m just gonna think that everything is good, even the “bad”?

So simple!

SimpleStrategy?

One of the best nights of sleep of all time… Eating a pound of beef liver, cooked perfectly medium rare, a bunch of why you ground beef from Costco, 70/30, I think hitting the socket around 7:30 PM, waking up at 7:30 AM, wow, that 12 hours of sleep? Anyways I feel reborn.

January 31, 2025… My 37th birthday! Wow, seeing it in type looks really big. Maybe I’ll be stuck at age 36, or 26, or 16 forever.

Anyways, towards my Zen training, I think a very very simple way to start life is when you wake up first thing in the morning, take your shower your bath whether hot cold or both whatever… And then when you start drinking your morning coffee tea, or maybe both, to just resist the distractions of profits loss, gains or whatever… To essentially have a practice of not exposing yourself to any information in the morning first thing in the morning, whether good or bad. This also includes checking Twitter, any news or social media, your financial accounts, your stock your bitcoin etc. 
If anything, the true ideal way to start the day is with your iPhone totally off, perhaps charging in the living room outside, off. And on top of that, if you need an alarm to wake up, just buy a standalone alarm on Amazon or something, to wake you up.

The worst way to start the day is checking your iPhone for email and notifications text messages etc.… The best mind is a fallow mind, the best mind is an empty mind. 

Why?

My thought is that with an empty mind, anything and everything can come in. With an empty mind, you let the vibrations of your own mind your own life experiences be the stimuli to strike new ideas within you.

Considering that we are all philosophers, yes you too, even Seneca at the age of four, he is already asking me a lot of questions on why things are the way it is in Korean, “weh?” The most beautiful three letter word in the English language! Why?

I think it’s hard because even now… Making it big, I’m starting to even rethink some thoughts about wealth. Practically and metaphorically I retired in 2017, when we are paying $320 a month in rent in Vietnam, and essentially Cindy and I were in a position in which I realize, we would never run out of money. Even though we ate out every single night, we’re at coffee shops all day… Our income even our “passive income”, far outstripped our expenses.

certainly things changed a lot since moving to LA, in which living expenses have gone up by a factor of 10 X, now our rent is $3200 a month, and also the cost of food due to inflation has gone up by at least 2X, beef ribs at Costco are now $5.50 a pound, whereas at the Costco business center even maybe three years ago it was only $1.99!

Anyways, certainly it is difficult to 10 X your income, leverage is difficult. But perhaps if you put your family on a bitcoin standard, you can get there.

Why 10x

My personal thought is let us say that bitcoin is like roughly $100,000 a bitcoin, what that then means is if you think ahead enough, when bitcoin hits $10 million a bitcoin, assuming that you are spartan with your money and not foolish, that means that easily, you could 10 X and 100 X your money from here. 

So let us say that you’re being paid $20 an hour, that means that actually you’re being paid $200 an hour, or better yet, $2000 an hour assuming you know how to save in bitcoin.

I had this thought maybe about three or four years ago, thinking about my friends who worked at Amazon etc., if you took your good tech salary, and just converted all your currency into bitcoin, you would have been able to retire at least five or six lifetime ago.

Now what

So it looks like the great shakedown is starting. But that then means is real life has hit the pan, and moving forward, life will only continue to become more extreme, more of volatile, more crazy.

And I actually had a thought… The reason why we new Spartans, we new Stoics, we new bitcoiners are doing so well is that actually, I think there is almost like kind of a natural selection bias which is happening here;

Those who can tolerate the most volatility, shall thrive the most.

Bitcoin will continue to be volatile, forever. And I think that’s the whole idea; those who cannot tolerate harness or even love volatility, cannot thrive. 

Living in a more extreme volatile world

Let us fast forward a bit, four years from now, 2029, when Trump is out of office. Don’t be shortsighted; no no no, there will not miraculously be some sort of savior liberal Democrat who comes in, “fixes“, or reverses everything. I think time and reality is like a one-way ratchet; when you crank up the volatility of real life and time in one direction, you cannot reverse it. 

For example, no no no, bitcoin will not drop down to $10,000 again. Or $6000, or $1000 or $100 of bitcoin. This is not how physics or thermodynamics works. 

For example, you cannot have water flow upstream, no matter how hard you may believe in it.

Bitcoin is physics

I think the hard thing for people to understand is the reason why bitcoin is such a paradigm shift is that it is the first bridge between the virtual the cyber and the real.

For example the whole notion of proof of work, the whole idea that you actually have to use real life and energy in the real world to produce, create, and mint a bitcoin, or even secure it, is a feature not a bug.

It’s kind of like producing another human life, having a child. The truth of the matter is if you want to birth a child, you need a “proof of work” in the real world, in real reality.

For example, you need a female mother, you need a male sperm, and you need the incubation phase, you cannot rush it, the mother must consume deep nutrition, you must birth the child.

And when the child is born, obviously you must nurse the child, feed the child, raise and care for the child.

You cannot digitally clone a child, or digitally birth a child, which is kind of like the whole idea behind “proof of stake”. 

Even life if you think about it, a human life, the reason it has any worth is that it is finite. Even if you had all the money and power in the world, you cannot as a man live more than probably around 122 years, certainly you cannot live 130, 150, or 1000 years. Even from a philosophical perspective — I don’t even like the idea of living that long.

Even if magically somehow we did invent something that allowed us to live to be 1000 year old, with a 26 year old body and a six pack… I think there’s a certain point in which you would just want to pull the plug. And not have to do it yourself.

Anyways, why is the mind so valuable?

First, I think raising Seneca, has been one of the most valuable and most precious things of all time. And, it has taught me more about philosophy and human nature more so than reading thousands of pages of philosophy.

For example, a simple observation; typically children never have to carry a backpack, a side pouch, anything in their pockets. Or their hands. As a consequence, they’re always running around! A child is never still and this is a good thing.

Also, a practical one; most children assuming that they’re under the age of four, do not carry an iPhone in their front pocket.

Let us see that the downside of having an iPhone or a phone in general is that once you pull it up and use it, typically it stops your movement. If you have an iPhone in your hand and you’re looking at it or working on it or checking something or reading something or listening to something, you’re not also doing a backflip.

As a consequence, a child has the ultimate mind; 100% free, present in the present moment.

If you think about it, what that that means is that a child is actually an ultimate zen master; a child is fully experiencing reality in the present moment, not thinking about the past or the future.

Certainly a child has memories; for example Seneca still remembers our experiences in Hong Kong, and that the 973 bus from Tsim Tsa Tsui (TST) takes us back to our hotel in Sai Ying Pun. And he remembers the colors of the metro lines, the blue one and the red one.

yet he doesn’t really “dwell” on the past. He is fully in the present moment, taking our Amazon boxes, asking me for tape, and creating trains of his own, connecting it to his cart, and training his constructed train all around the house.

Or he will take the expo dry erase marker marker eraser, and fly around the house like an airplane, not thinking of “utility“, or other things like that.

Even when you observe a child playing, climbing structures they’re not thinking about anything else, they’re just enjoying the climb!

How and when and why do adults get corrupted? 

They not like us!

I think one of the things which is the most shocking to me as a father having a firstborn son is that if you think about it… As a man, assuming that you have a child your first child is your son is a boy is a man, the heir to the throne, you should consider yourself blessed 1 trillion X.

Whenever you see families with three girls, no boys, you know what they were shooting for.

So this whole notion of a absentee father to his son is a very very bizarre thing. Once again, to me, even if you could take all the trillions of dollars on the planet, nothing in the whole universe is more valuable than my son. Or my relationship to him.

And this is where I think it is wise to hedge your influences from philosophers thinkers, or even zen monks who have never had a child, they may theoretically understand child’s mind, but until you have actually raised your own child, you shall never know. 

Not only that but until a man has had a son, man shall never know.

Why does this matter?

On the flight from LA to Asia, I finally had the privilege of finishing the Odyssey by Emily Wilson, excellent. In fact I’m starting to read all of her translations, even including the tragedies of Seneca.

One of the biggest ideas is Odysseus, his relationship to his son. Also what’s interesting to me is I just came to discover that actually, even though I had no idea, I guess Achilles also had a son?

Anyways, how then this becomes interesting to be is that in America at least, and in the west, we are trying to think that this whole notion of a nuclear family, husband and wife, at least two kids, white picket fence, etc. But if you think an ancient Greek times, Kings had like 10 to 20 children, I think even one of the funniest stories of Hercules is that he was somehow able to impregnate like 50 daughters of this one king?

Anyways, I say don’t stop trying. If you’re a man, try to birth at least one son. And even if you cannot, that’s OK, most likely your daughters will one day birth a son and you’re fine. A grandson having a grandson is like the same as having a son. 

Goals

So then, proceeding in our life, what is our goals?

First, certainly philosophy is a noble goal. To spend your life pioneering thoughts, ideas concepts etc., that will benefit you your wife your kids, the future of the human race is a noble impetus to life.

Even now that I think about it, I feel like I have lived at least 10 lifetimes, and I am so grateful.

In moving forward, certainly everything in life is an ululation, and that is great!

Some current thoughts:

1. How to inject more of volatility in your life, assuming that the more volatility you have in your life, the “more” better your life.
2. What is better, to have $1 million of bitcoin, or $1 million of micro strategy stock? 
3. New thoughts on fitness exercise weightlifting, etc.?
4. New modes of living thinking and being? The dynamic range of living in the states versus abroad in Asia?

Ignore politics

Simple thoughts: never read the news, the only thing that you should interrogate is bitcoin, Michael Saylor and MicroStrategy news. Because the only news which should concern you is in regards to your money nothing else.

ERIC

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So currently a big thought on my mind is in regards to condensation.

For example, let us consider a backpack. There is only so much you could shove inside of it, and therefore, the optimal strategy in life is to have things that have maximum ability to condense; for example, having like an ultralight down jacket which is easily compressible and condensable is desirable.

Also unrelated is the thought of bitcoin. Interesting idea to me is how technically if you think about it… A bitcoin is like the ultimate expression of condensation. You take all this economic energy and power, and condense it into a single unit, which is a single bitcoin.

I think the more I consider bitcoin, and the underlying philosophy and ethos behind it, in actuality… The more fascinating it becomes.

For example, just came back from a month trip to Asia in Vietnam in Hong Kong, and the truth is, you can’t travel or take your single-family home or your cybertruck with you.  if anything… Each and every single day in which I woke up in my Hong Kong apartment, just enjoying the sun, and the spotty Wi-Fi… the Takeaway point was that after all of it, the only thing you have is your body, your mind, and your zest for adventure and freedom.

Even being back home in LA… One thing that I couldn’t take with me when I was traveling was my beloved 60 pound weight best. It’s good to have it back… But knowing that I’m about to hit the road again soon, it is always good to have one foot in, one foot out.

So the general idea is simple… Live your life domestic, planning as if you’re going to hit the road again… And never really too much be too committed to one single thing.

How do we falter?

We new nomads, we new conquerors, even the other day, driving through Beverly Hills… The big idea I had is that with wealth and everything in between… Property etc.… At least people living in LA, their world is so small. They only care about their pink Bentley, their $15 million single-family house, etc. Beverly Hills is their bubble. They never leave it, it is kind of like the dystopic society in “In Time”, the genius Justin Timberlake film in which time is actually predicated in time actually also very interesting thought is in the new Amazon sponsored series “secret level“, the “steampunk” universe in which the orphan guy has his money given to him “bits“ (bits,,, bit, micro bit coins)– he requires 75 bits to repay his debt obligations, in order to reconnect with the love of his life. Also in another unrelated note, the short video clip of the animated series of the girl giving the pilot $3 million of bitcoin in the USB drive, asking the plane pilot to take them somewhere.

Anyways, I think the idea of being unsettled is… unsettling.  I mean it kind of makes sense… To be settled, stable, is typically a good thing. Nobody would want to build their home on the edge of a cliff, knowing that any moment of mudslide can have them tumbling down to their personal death.

I think the difficult thing is let us consider, how hyper different modern day life and society is in respect in regards to our biological predisposition. For example, Technology advances at a much faster pace than our biological predisposition. Can you consider… Even 50 years ago, telling people that one day, each and every single American, regardless of how poor or rich you are, would have access to a god device, that could fit in your front pocket, that you could use with your voice, Your thumbs, your fingers, that could last all day, offer you free directions to anywhere on the planet, with micro precision, free entertainment essentially forever, with trillions of channels, insanely great high fidelity camera and video recorder which is free forever, which cannot be hacked by anybody else, which could also store all of your money on it, and you could instantly video call and new person on the planet, for free, whenever. Wouldn’t they pay like $1 million for this device? And now any person on the planet, regardless of how rich or poor they are, could afford this god device, for only 50 bucks a month.

Anyways, I’m also pretty sure that having this god device comes with downsides. For individuals — honestly it’s like crack cocaine. But maybe worse?

How to live

My simple philosophy with technology life everything etc.… Is reap the upside, kill the downside.

So a very simple thought… Disable all notifications on your phone besides FaceTime. This includes text messages.

The reason why I think this is such a good idea is that if it becomes ultimate filter. Truth be told, there is almost 0% of things which actually require your immediate attention. Reserve FaceTime for your mom, or your wife, everything else is not really necessary. 

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The will to ignorance

Distractions!

A new thought, ignorance, might be a critical ingredient to your concentration focus, power?

New thing I’m trying to do with my new lifestyle is trying to concentrate and focus better, which means avoiding television news streaming in front of your face?

For example, there’s this really nice hotel close to my house, which I like to just walk across, in order to use the bathroom and the facilities, but just this morning, there’s a fucking television streaming CNBC news, with all this fear clickbait headlines that arise anger and indignation in the viewer.

The thing that is so annoying about this to me is that I did not request the television to be there, nor did I request it to be streaming live television news either. If there had to be something streaming, on the television it would rather be John Wick, the Lego movie, or better yet, the Lego Batman movie.

Things you asked for, things you did not ask for?

I think this is a big thing is that try to not expose yourself to stuff you didn’t ask for. Or better yet, that you did not actually pay for with your own hard earned money.

For example, movies on flights. Obviously you’re boring and you got nothing better to do, the pen is either download a shit load of movies and shows to your iPad off-line, stuff that you paid money for in the Apple TV+ app, and also, games or other destruction stuff that you paid money for.

I think this is a big tricky thing… In two days we’re all in which entertainment is infinitely abundant, how do you stay focused? Simple. Once again, if you did not pay money for it, don’t watch it.

A simple strategy I do is if there is something I really really want to watch or experience, I put my money where my mouth is… I straight up purchased the whole film, even if it is 10 or $20 or $25 or something, in the Apple TV+ store. Even though obviously I could pirate it on pirate Bay for free, this becomes a good filter because in a world in which your time is infinitely valuable and precious, why would you sacrifice any of your precious attention on things you did not pay money for?

Practical thoughts

 so the first very practical thought is don’t bother with anything that is not easily condensable, or compactible.

For example when you’re traveling, let’s say you require a jacket or a warm article of clothing whatever… Only pack things that you could easily roll up and shove into your backpack. The Uniqlo ultra light down jacket is good. Also my personal favorite is the MUJI ultra light down vest.

Can you fold it up?

After being abroad for about a month, then coming back home to LA… I saw a cyber truck on the road the other day, and even though I love the design, it is so big! Too big! As a consequence, it’s really not a good idea because you can’t just magically fold it up. And this becomes critical in moments in which You just gotta find a damn parking spot!

And once again, the big idea is that you cannot magically fold up your car or your assets or whatever and just take it with you on a plane to Cambodia.

Now what?

Obviously the first thought is a kid. At least one, ideally two or more.

Why? To me it’s like the ultimate logical thing.

First, raising Seneca from birth until now has probably been the most satisfying thing in my entire life, multiplied by 1 million. There’s like literally no greater joy than a father raising his own son. His own blood son.

Once again, the greatest blessing as a man, to a son, even better yet, your first born son as a male.

Second, think economics. Michael Saylor said it well, you’ll like spend 1, trillion hours of your life working yourself to death, making money spending money saving money, yet we will not even devote a few hours to critically think about what money is, and also why it matters?

It’s simple; you spend 1 million years of your life making money, without actually questioning what money is or why it matters… You’re technically not leveraging your time well.

For example, for most individuals, the more hours you put in at work, the more moneys you’ll make.  it becomes a simple vector equation:

Input more time, yields more money.

But the reason why this is a poor idea is that you’ll essentially forever be a wage slave. To just equate your time, hourly wage, or even salary, is a losing game.

condense your sphere of concern 

Also in terms of condensation, condense your sphere of concern.

I think it is a zero some game in terms of concern. Let us say that you only have 10 units of concern, in a single day. And once you deplete your concern units, you cannot recover it in a day.

So for me, I would probably devote eight units of concern to Seneca, one to Cindy, one to myself. That is 10 out of 10. Nothing is left.

I think the problem that a lot of people have, especially if you were raised Christian, is that you think you have infinite compassion and concern for the whole planet. But this is not true. I’m almost wondering… If 99% of mental health issues arise from the fact that you overextend your units of concern beyond proper measure?

The more you concern for others, the less you concern for yourself your wife your kid.

Reconsidering the nuclear family

The nuclear family is you your wife or kid. That in itself is its own economy, let us consider that even the ancient word for economics literally meant household management, your wife, your kids, your slaves, your home estate.

Certainly an ancient times, life was probably much simpler. The king of the Josen Dynasty in Korea probably did not concern himself with international matters in the Middle East or Europe. Similarly speaking, King Leonidas only cared for Sparta, maybe the 5000 or so inhabitants etc., he had zero concern for anyone else.

So once again, condense your sphere of concern to the bare minimum. Once again yourself your wife your kid. Cut everything else out?

Becoming more selfish with your time your focus your concentration

Recently Cindy and I have been reading more Thich Nhat Hanh, in one of the really really interesting things that I gleaned is that meditation is simply concentration. 

For example, even when you’re on a flight and you’re bored, and you simply sit and close your eyes, put an earplugs and a face mask, and an eye mask, what you’re actually doing is concentrating. Trying to cut out distractions, is the best definition of meditation.

I even had a random idea that they only reason that I hate graffiti is that it is distracting. Any sort of advertising or spam which is unwarranted to me is positively bad because it is just like graffiti. I kind of know and I kinda get it because when I was a kid or a teenager or in high school, me and my friends guide to graffiti tagging, spray paint simply as kind of a risk game. The game was too use our spray paint or our spray tools to have a contest in which we will try to essentially have a competition:

Who would have the most balls and the most courage, to tag or spray paint in a spot which had maximum risk of getting caught, but yet not getting caught and getting away with it?

The moment that me and my best friend stopped was the moment in which we saw this old Latino woman, on her knees in hand scrubbing our graffiti spray paint game, about the age of our mom… Being teenagers or highschoolers, we didn’t really have a real practical thought that in fact, our mischievousness was predicated on actually having somebody about the age of her mom having to scrub it off herself? After that we swore off graffiti.

I’ve even had this thing in Culver City… Whenever I see ugly or annoying advertisement spam graffiti, I just take it as my own own to tear off the graffiti the spam or whatever and throw it in the trash because I am very visually sensitive, and I always do the same walking paths in the day. If anything I’m thinking about volunteering for my local city to volunteer my time to remove graffiti?

We are much more sensitive than we think we are

I think from an evolution perspective, we are insanely sensitive creatures to sound visual things, stories, ideas etc. In the past it was a matter of life or death.

For example, loud noises. Any in every single human being, is sensitive to loud noises. Because if you heard the rustling of a animal in the bushes, if you were not sensitive to the sound, you would have probably been eaten alive by a bear or something. Or if you saw something frightening with your own two eyes, also a survival mechanism. That is why whenever we see disturbing, could stay with us for days weeks months, maybe even years? Even soldiers, who have experienced tragedy get PTSD, from the sounds of bomb’s warfare, and personal tragedies with their own two eyes.

Practicalities

I have a simple filter: if that matter doesn’t actually involve money, don’t bother with it.

For example, currently my only concentration is bitcoin. And microstrategy stock which is essentially levered long bitcoin. And micro strategy, because I am a proud shareholder. And also, more recently, Dylan Le Clair —  because he has the most intelligent opinions when it comes to microstrategy.

So in life, do you desire to be predator or prey? 

Anger

So this is a big thing, if you see some asshole smoking or if you’re playing at the park with your kid and you see somebody about to light up a cigarette, maybe we had the courage to ask him to not smoke here or there to ask them to smoke somewhere else. So I think this is a big thing; Almost like 100% of real life daily life, there is nothing which requires physical courage.

For example, almost never will you ever get into a physical fist fight with anybody. The only perhaps downsides you could experience or suffer is like verbal arguments, getting your blood pressure and adrenaline up etc.

What if aggression were virtuous?

In modern day society we are taught that aggression is not to be done. Almost everything in life and society trains us to be non-aggressive.

For example, all laws ethics and morality, it is like 100% towards non aggression.

Now the downside of this is that I do believe that there is some cases where acting aggressively is a virtue. If anything, I think the best way to develop yourself is to rethink and reconsider ethics morality etc. Beyond good and evil, beyond good and bad, do you think more critically about things.

Eagle vs Lamb

Is the eagle evil? For eating the delicious lamb? No. And also this is a big thing… Does the eagle have a bad conscience about eating the lamb? Similarly speaking, no!

Yet the tricky thing is in this world, we are taught and trained that in fact, it is more virtuous to be the Lamb than the eagle.

Now this makes sense because you can’t have a bunch of eagles running the show. You can’t have a bunch of high testosterone alpha males jostling for position all the time. Society would probably collapse.

And therefore, if you think critically about this, what that then means is that you need to teach yourself to become more alpha.

Bitcoin is the alpha asset

Assuming that you’re an alpha male, I am. I don’t think I’ve ever met a real life human being in the flesh, who is more alpha than me. In fact my whole life ever since I was a kid, my desire and desired outcome was always to become more alpha than the rest.

For example, I think I’m pretty happy that I was born very very tall, around 5 foot 11. I have never been shy about my height. I have met people who are taller than me of course, but because I myself already feel like I am the “tall” category, this has never been an issue.

Also I suppose the gratitude of being born Korean Korean American, Asian American and states is that once again, I’ve never had some sort of inferiority complex, because all the schools I went to were mostly Asian American dominated. I was part of the dominant minority. 

Also being born a man. The truth is in society, men will always be more alpha than women. Why? Physical size strength, aggressiveness and testosterone. Certainly it is a good thing to seek more equality between the sexes, in the workplace and economic opportunities etc., But when it comes down to it… Alpha wins. 

America is Alpha

America is Alpha, the US dollar is the alpha currency. There is no second best. Nobody wants a Chinese yuan, KRW or euro or British pound.

The same thing goes with metals; we only want gold. Nobody wants silver.

Also the same thing with bitcoin. Everyone wants bitcoin, nobody cares for Ethereum or anything else. I think the only thing is honestly, everybody in Ethereum community has a small dick envy of bitcoin. In 1 trillion years, Ethereum will never never never ever ever ever Supersede bitcoin. It is just not possible from a physics perspective.

Never trade the best for second best

So assuming that you have the best, the best capital the best stuff the best wealth etc., why would you ever trade it for the second best? 

Also on the collary, isn’t also the virtuous goal to choose the second best and convert it to the first best? 

Convert all of your fiat currency in capital to bitcoin

So I thought there’s a very very long time ago, the basic idea is that the smart strategy is take all of your fiat currency and all of your weak ass assets and converted to the strong assets which is bitcoin.

I thought this about like four years ago, so if you were to Amazon Apple Facebook Google meadow whatever, and assuming that you converted all your income into bitcoin, you could have retired at least 10 times over.

Now what is the big issue here? We millennials we have so much economic and financial power now, yet we are all scared. Essentially we have been beaten into submission; when we were children growing up we were told that we could do anything become anything etc., but now that we have become adults, the biggest issue is that we have become complacent, weak, maybe we drive some sort of entry-level Audi, Tesla, whatever… We have pretty good salaries at a big tech company, and we no longer have a desire nor reason to invest investigate bitcoin or invest in it.

I asked my friend Marcus in Seattle this, several years ago whether people in Seattle were interested in bitcoin or crypto or not and he said no because they didn’t really have a need to know because everyone there who is already working for Microsoft is already making good money and therefore as a consequence, they don’t have a need to know. 

Bitcoin Deus ex machina

So the way I was able to rediscover bitcoin was moving to LA, with the absurdly high cost-of-living. $3200 USD a month for rent in a two bedroom one bath nice apartment.  note, when we are living in Hanoi Vietnam in 2017 we only paid $320 a month in rent. Literally, we 10’xd our expenses for living after moving to America. 

The goal should be to do the exact opposite, to reduce your expenses by 10 X.

What’s the issue here

Take a leap of faith, take the risk.

ERIC

JUST RISK IT!

EK BLOG >

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So I’m currently reading the principles of economics by Saifedean, and I really love it. I realize that in my life, I’ve only ever been interested in media and things which actually gave me real life utility or payoff for practical live reality, real joy hope optimism faith etc.

So for example, the logic of a lot of modern day living I think can greatly be benefited once we actually put into words and precisely define the terms in which we are engaging in. So for example, energy power, poverty prosperity, trade money, capital labor etc.

In fact, economics might be the most important field to study in the practical pragmatic sense that assuming that you’ve ever handled a $100 bill, purchased anything on Amazon Amazon prime, been to Whole Foods, traveled, bought an airline ticket, purchased an apple device, filled up the gas in your car or supercharged your Tesla or electric vehicle, or even better yet… Turned on an air-conditioning unit or heater or put on a down jacket, you will know that these things matter.

Energy poverty

So one thing I’ve realized is I wonder… If 95% of the world’s misery has to deal with energy poverty.

For example, heat and air conditioning. For example if you’ve ever tried to sleep in this while touring hot humid 105° weather in Southeast Asia or Dubai, you know that life without air-conditioning is not a life worth living. During the day I don’t need air-conditioning, but certainly at night, it helps me sleep. I almost cannot sleep without air-conditioning on.

Also, in a lot of the industrialized world, especially having spent time in Michigan, the East Coast, Providence Rhode Island etc., and even Los Angeles during the winter months, it gets fucking cold, really really late at night or really really early in the morning, or just in general.

No one bizarre thing I found is a lot of Americans Asian people etc., are far too Puritan when it comes to heating. They are very very stingy about cranking on the heat!

In fact, I think to waste electricity or energy on heat and air conditioning is virtuous; because once again, cold and frigid bodies leads to human misery.

As a consequence, some strange individuals think that it is a virtue and that it is virtuous to be miserable? And that it is somehow advice to be prosperous, rich successful, and happy?

The virtues of misery?

I’ll give you a real example; typically if you’ve been from any sort of immigrant family, in which your parents were not born in America but came here in search for greater economic opportunities, you’ll know what I’m talking about. Typically we are taught that to overcome difficult difficulty and suffering is a virtue, and that a life of ease happiness joy and leisure is a vice?

Yet the strange thing that a lot of these people living in poverty then say is that they brag about how they know about other random people or super super rich? Very strange.

I almost wonder if now, behind closed doors, other people then brag about how rich and successful I am?

Anyways, doesn’t really matter; I wonder than if once again, critical issues here:

first, the general idea is that if you have the option, and you’re most certainly do, make your habitation as comfortable as possible! What this means is structure your world in such a way that when you’re at home, just adjust the heat or the cooling or whatever, to make your home as comfortable to you as possible. And when you’re sleeping, try to change the thermostat to whatever temperature helps you sleep well!

in fact, my practical thought is assuming that you are like some sort of investor or money making machine, the very very practical and pragmatic thought is that in fact, you should prioritize your sleep exercise and food in such a way that helped you maximize your optimism joy and happiness and personal productivity because the greater you take care of your own personal health habitation climate food and sleep, the more productive you will become, thus yielding you more money accumulation etc.?

What is poverty?

So if we think about money or like heat or energy, perhaps we should consider heat loss.

What is heat loss in economic terms? Your car payment, your mortgage payment, your rent, your subscription services, maybe your credit card payments?

Visual ease for our eyes

I think I’ve got it figured out; I think the reason why I really like Matt Black, or a nice matte black wrap on a car is that it provides some sort of visual ease. Like when you look at a really really nice met black car, all matte black everything, matte black is very very easy on the eyes. It has a beautiful sheen and Verneer, is not distracting, yet pleasing!

I also think the same things with homes, clean white paint on the walls, and neutral gray or stone colored surfaces and fixtures? For example, for fools who think that colors don’t matter; would you want to paint the tears your home brighter red? Probably not you’ll go insane.

Or would you want to paint your countertops of your kitchen like some sort of acidic looking green color? No!

As a consequence, I think colors are very very important. Typically colors which provide some sort of visual ease are derived from nature. For example, we like the color of green because it is the color of life, just imagine the windows 95 or the windows Vista wallpaper. We love a blue sunny sky with rolling green verdant Hills. Or think about Sapa in Vietnam same idea.

What is consumerism?

My innovative thought is that consumerism and capitalism is not the same thing. Consumerism is the exact opposite of capitalism.

Capitalism is all about capital accumulation, whereas consumerism is blowing it.

Or in more crude terms, capitalism is like semen retention, and consumerism is blowing your load.

Why?

The general way that consumerism works is that you are exposed to advertisements which convince you that somehow your life is incomplete and miserable and unhappy and that in order to seek happiness, you must purchase XYZ in order to make you happy. And then it becomes like a mathematical equation somewhat: the more units of XYZ you purchase, The higher degree your happiness will become.

I’ve also discovered that promoting minimalism and reduction is not a profitable path. For example, encouraging people to not waste their money is not profitable.

However, getting a bunch of losers to buy overpriced loser stuff is profitable.

Body shame

So the first way that consumerism does this is that it makes people feel ugly. It makes people feel ugly in terms of their body, body shape, body composition, and it just makes people feel ashamed about being naked.

So for example, as a consequence, people feel ashamed of their bodies, and do everything in their power to hide their ugliness.

My personal theory on why there is this new trend of people wearing really really baggy clothes and jeans and sweaters and hoodies and stuff is precisely for people to hide their ugliness.

For example, you would only ever wear short short shorts if you actually have impressive legs or a butt or behind to show off.

Or if you’re a man, you would only ever walk around topless without a shirt on, if you have a beautiful or impressive upper body.

Or as a woman, similar speaking you’re only probably walking around in a sports bra or a bikini if you also have impressive muscles, and also a low body fat percentage.

Can you spend money to hide your ugliness?

You see this all the time; especially vehicles. I also have a theory that purchasing a vehicle is like buying a really really expensive article of clothing; once again to hydrogenous you hide behind your car with 5% limo tint. Do you want to feel cool sexy grand powerful indestructible master of the road etc ,,, and you do this by jumping in your loser Range Rover, or your loser AMG wagon, or your loser Porsche etc.

The only people I trust are people who drive without any tint.  And do not wear sunglasses or anything that covers up their eyeballs, or anybody who also has facial hair, which is the new modern day trend to hide the ugliness of your face or your double chin, or a baseball hat or a hat of any sort which is also another way to hide your balding or your ugly head.

what is true power?

So some guys with low testosterone, who want to seem tough and strong or whatever, buy all these firearms and guns because it makes him feel tougher more dominant more powerful etc. But the truth is it makes your dick size smaller, what does a typical gun owner look like? Typically somebody who spends too much time on Fox News, alternative right wing Facebook, and is always reading some weird quick bait about how liberals are ruining everything.

And also, this fake fear mongering.

So for example if you have a gun, the excuse is that it is for “self-defense“. But if you need to self defend yourself, it is a sign of fear. The general fear is that somebody else might have a gun or some sort of firearm or knife or something, and that somehow you need to “defend” Yourself and your family etc.  But there is not a positive aggressor factor; nobody ever buys a gun within intention to physically positively attack somebody, unless your hobby is hunting wildlife going to the shooting range whatever.

So then, the only rational reason for somebody to own a gun is out of fear. But then, if you’re a real man and have no fear, what is the use of a gun? None!

---

Fear marketing?

FOMO fear of missing out, or, fear of missing out on some sort of economic opportunity which could alleviate you from your economic suffering and poverty.

So the reason why this is so insidious is that once again, a lot of this fake news or click bait you see on the Internet is predicated around fear. If you do not read this article somehow you will be at a loss, or that you and your future family or your bank account can be harmed.

What is so fascinating about bitcoin is that actually, it is the opposite. In some ways, you are not afraid of chaos because chaos actually favors you; in some ways you actually desire chaos!

For example, the more chaos uncertainty inflation and bad economic policies there are on the planet, bitcoin benefits and so does you!

So whenever you hear about inflation whatever blah blah blah and the economy is going to tank, the simple strategy is to just buy Bitcoin because the more fear porn you see in the news and the media, the better the return of your bitcoin! 

Financial freedom within four years?

Retiring within four years?

 I do not know a single human being who actually wants to work and labor. Similarly speaking, I do not know any individual in which it is his autotelic passion to be working at said tech company. They would rather retire, live free, travel the planet and the globe, etc., be chilling on a beach somewhere etc.

Even a question I often ask people is that assuming that you’re a trillionaire whatever, what would you rather be doing? If the entrepreneur‘s job or desire is to actually discontinue doing the things that they are already doing, it is typically assigned that whatever they are engaged in is a means to an end not the end in itself. And therefore I feel like the logical strategy in life is to think about the end and work your way backward; like think about if you were a trillionaire, worth $100 trillion, and that number is Actually going up faster than you could spend it, if that is the case, once again, what would you rather be doing?

So for example for myself, my general passion is movement, travel, being in different places, weightlifting, building up my body, enjoying the beauty of my body my muscles my flexing, sharing new exciting ideas which inspire me, and also empowering other human beings? Who are in the same boat as me? 

I am a pretty ordinary person

My general belief is actually, I am a super super normal ordinary person. I don’t believe in genetics, I believe that genetics is like eugenics 2.0 or racism 2.0, I truly believe that almost 99% of our potential is sociological, training, education knowledge etc.

Certainly there are certain things which are malleable and not.

If you are a fully grown adult, having $1 trillion in your bank account will not make you taller. If you are a born a dwarf, like you’re a 4 foot tall man, or 3 foot tall man, once again I’m being a trillionaire will not make you 6 foot two.

And also, there are certain things that one cannot do like change the proportions of your face, like distance between your eyeballs etc. I call this the hammerhead shark index; some people naturally have eyes which are more further apart like a toad, etc.

Yet what is one thing that any human being can do on the planet? Increase their muscle mass, decrease their body fat percentage, and also something which is slept on; getting a lovely tan!

The new dark skin racism

So in Korea, to be really really dark and tan is seen as a bad thing. Do you want to be white to like the emperor, because the emperor can stand in the shade all day, while their servants and slaves does all the dirty work in the sun.

House slave or field slave?

House nigga don’t fuck with me I’m in the fields nigga, go shine cutlery – JAY Z

Probably one of the most interesting songs on entrepreneurship is the story of OJ by Jay Z. Jay Z outlines it easily; the path to riches wealth and success, and avoiding the pitfalls of poverty.

For example, the importance of credit. Also not blowing your money at the strip club.

“I bought every V 12 engine, wish I could take it back to the beginning”

The way I interpret this quote is that Jay Z’s regret is that he wasted all this money in purchasing these expensive V dub engines, to dull his senses, kind of like some sort of self euthanasia?

I think then what Jay-Z wishes he did is that taking all that money and capital that he wasted on these expensive cars, and investing it in a creative investments instead. For example, his regrets not buying more real estate in Dumbo, and feeling Dumbo about it.

Now JC is a great model but also he is a bit dated. I think like I’m the new Jay-Z; except that I have legs that could run the world. Until you meet somebody who could lift 1000 pounds without steroids, fasted, nobody is superior to ERIC KIM.

The new blueprint

The orange print:

My personal thought is the only good out of money is to purchase beef, beef ribs, beef liver, pasture raised eggs, with the really dark orange yolks, beef tongue, organ meats, bone marrow, and weightlifting equipment.

Also, one of my greatest joys of something I invested in which I think is actually super super smart is purchasing two 50 kg weight plates.  they are made out of steel, which means that you could pack more weight into a smaller footprint. Each weight plate is 110 pounds, and because it is made out of solid steel, I am very very certain that these could last until the time that Seneca becomes 36 years old, and has a son of his own.

 The first born son of the firstborn son of their firstborn son

So one of my great gratitudes is that I was born into a position of privilege; my father was the first born son, I think he was the oldest. As a consequence, because I was the first born son the oldest son of the oldest son, I was treated like a king by my grandma. And I am grateful to my grandma for this.

As a calm consequence, I grew up with zero inferiority complex in fact, I probably grew up with this superiority complex.  in some ways I’m like Kanye West on steroids. Why? Kanye has always had an inferiority complex because he was a Shorty guy, I think he’s only like 5 foot six? And I’m like 5 foot 11? And as a consequence, I have never felt small in my life?

Also I suppose the gratitude is in the big area where I grew up, most of the kids in my school were Asian Asian American, so once again, I never felt like a minority? I’ll always felt like I was a part of the majority.

Maybe also the benefit is that Seneca, and I am so grateful that he was born the way he is, and that he is the next generation, the next heir to the throne. He’s like Simba and I’m like Mufasa. Or, he’s like the next King Leonidas.

Anyways, all of these sad single men without kids or family or without a beautiful wife, they’re all chasing after these silly things like the Porsche 911 GT 3RS, the Lamborghini with the scissor doors, or some sort of arbitrary amount of money in their banking account. But these fools, don’t they realize that the best joy on the planet 1,000,000,000,000×1,000,000,000,000 is for you as a man to have a son?

Training

My ethos and approach to raising Seneca has been super simple: 100% beast boy carnivore beef diet, and maximum physical exercise and engagement with embodied reality and the world. This means maximum exposure to the elements, being outside, in the direct sun, playing at the playground, and now riding his bike around everywhere.

From the Facebook buy nothing group we got this wonderful balancing wooden bike, with no pedals. From one Seco was maybe a year and a half, he would just walk it around like a walker, on the side, and then randomly like six or eight months ago, he jumped on it, and now he’s off! Also I bought him these LED bike helmet lights, and also front and rear LED lights, and outfitted his balancing bike with it, and he loves it! And also as a parent I’m happy because it improves his visibility by at least a factor of 1000 X, especially when he rides when the sun goes down, and as a consequence, he feels so much pride!

True pride

Country to popular believe, I think consumerism discourages you from having children. Why? Kids are not as profitable as single working adults.

So for example, both men and women, the consumerist, the consumerist ethos is you never want to have a kid, because they will cramp your style, prevent you from traveling to Japan and eating good omakase sushi in Kyoto,  whatever. But actually, on the contrary, the wise capitalist actually has a desire and urge to have as many children he can as possible, Because he knows that having children is accretive, whereas having dogs or other loser things is dilutive. Or driving any vehicle which requires premium gas is dilutive.

Therefore the wise capitalist would only drive some sort of old used Toyota Prius, because he wants to invest 99% of his money into bitcoin and micro strategy stock, because it will pull up forever with phenomenal gains, whereas somebody who is thinking that the world is going to end is going to buy some sort of loser Porsche Ferrari, because he thinks that his only life right now can be enjoyed right now, and he will have nothing to laugh to bequest his  inheritance to. 

Accumulating riches

An interesting scene in the movie 300 is when King Leonidas is climbing the mountain to talk to the ephors,  and he has in a little sec a container full of many gold coins.

This was an interesting scene to me because the common understanding is that Spartans live in poverty, but I suppose they also have gold and gold coins! But the only use it when they need to, in regards to war defense etc.

And once again, if I told you with 100% certain that your life would be secure forever, and no one would ever try to physically assault you your family or kids your life, wouldn’t there be zero incentive to purchase a gun or any other sort of self-defense weapon?

why would you trade paradise away?

Bitcoin is Paradise. Like a mobile paradise you could always carry with you everywhere you go. Why would you trade it for some sort of second best thing?

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The only constant is change

Refusal to change is the hopgoblin of weak souls.

Why is there such a resistance to change? I think a new one who is resistant to change is a coward.

For example, let us say that you were a lead night, and that you were afraid that the printing press would put people out of business, or that the mechanical room would impulse people whatever, and as a consequence, you make it your life purpose to destroy all of the printing presses and the looms.

Or, let us say that you’re also want these silly people who think that somehow, AI or robots or whatever will destroy all these human jobs and labor. You fool, don’t you know that this is just going to usher in some of the newest greatest prosperity of all time?

Labor

So what a lot of people don’t understand is that once again, in the past, we were all about the horse carriage and buggy, once the automobile came along, were there a bunch of people who were afraid that somehow the automobile would put people out of business who drove the horse and buggies?

So random thought on my mind; what is “reality” why does it matter etc.?

First, obviously reality comes back to embodied reality. That is like literally being on your own two legs, walking around town, saying hello to people, smiling and waving etc.

Fake reality

Now what are the most pernicious things about modern day life? Essentially we are like plugged in some sort of metaphorical matrix, in our everyday lives and lived realities, we are like living on rails.

For example, most of us follow the same cycle. Sleep wake up shower, drink coffee head to work, grind at work, go home only to self medicate and vegetate to Netflix or some sort of movie or streaming thing.

How to free yourself

Now the big problem is, now that essentially, I haven’t really watched any media or television, besides maybe John Wick for the last 15 years or so, is that now that I’m finally free and detached from all this nonsense, I’m starting to realize how troubling, grotesque, and disturbing a lot of this media is.

I think the big issue issue here is desensitization. Our everyday lived realities are so uninteresting or boring or sad or whatever, and we seek some sort of extreme fake stimuli to keep us motivated?

Fake motivations

I’ll give you a real example; money wealth and riches.

For example, all randomly on IMDb watching the squid game 2 preview, and now… That we got bitcoin, and also microstrategy, the whole premise of squid game no longer makes sense, about prize money. Because now that we have bitcoin, you don’t need some sort of fake magical prize money ticket lottery thing. You got bitcoin which is more or less a risk-free return, at least 60 to 120% for the next four years! It’s pretty obvious.

Technically buying microstrategy stock is a better investment strategy

And I would actually rate that microstrategy is poised to even outperform bitcoin by maybe 2X, we might see a microstrategy have an annual rate of return of 120% to 240% a year, for the next four years.

That means if you have about $600,000 of microstrategy stock, you could easily see that balloon to $1.4M in a year, to $3.2M, to $6.4M to maybe $12.2M by the end of the Trump presidency.

Or let us say that you have about $2 million worth of bitcoin, assuming that bitcoin under the Trump administration might go up 120% for the next 4 years,  similarly speaking, you will see some monster returns!

Or simply put, microstrategy will give you superior returns over the next four years over buying Bitcoin directly.

If your whole ethos is accumulate more bitcoin by the bitcoin directly using Coinbase or something.

Also another strategy, buy and hoard your microstrategy stock for the next four years, and by the end of the four years you could just sell the stock and buy the bitcoin directly!

Double your money and make it stack!

So assuming that, ERIC Trump, the son of Donald Trump is committed to making bitcoin at least $1 million a coin, then what that means is I think we can expect that within four years, I think we’re looking at at least 10X in the next four years.

So for example, if you have $1 million invested in bitcoin today, by the end of four years you’re going to see that 10X to $10 million. Pretty cool. Or if you have $2 million invested in bitcoin, you’re going to see that balloon to $20 million.

Anyways, bitcoin aside, I been thinking about the future, investing in growing industry seems like a good bet. And what that then means is the opposite of not investing the stuff which are not going to grow.

Is the field of photography a dying field?

So some troubling thoughts; I look at photography, the world of photography and ultimately photography is my number one prime joy and concern. And now that I am financially independent like 1 trillion times over, and I really don’t have to worry about money ever again, I suppose I’m more interested in higher matters.

So when I look at photography, the whole photo industry, it feels like the whole industry is dead without me.

Look at all the cameras, they all suck they’re all lame. Even the best innovation as of late, the Linux S9, with the 26 mm f8 pancake lens is slept on, nobody knows about it rather than myself, and also nobody owns it besides myself. Everyone else has some sort of loser cannon, or even worse Sony camera.

Apple?

So Apple is in a really bad position right now, like I just use that image playground AI thing, and it is so lame and bad.

If Steve Jobs were alive today, he would have thrown it into the furnace twice over.

I think the biggest issue here is that the issue of “app creep”– now that Jony Ive has left the company, and no more innovators or visionaries are there anymore, it is becoming like a weird mismatch or sludge of poor innovation ideas.

It’s essentially you have like a bunch of dudes, who might have worked in Microsoft or Dell or something, seeking to “improve “Apple products simply by making the processing power stronger. But this is not what we want, we want radical innovation!

But I wonder if Apple has become too big and fat, she no longer has a need to invade because she’s already on top, and everybody else is already trapped within her ecosystem, only to upgrade their iPhones until the end of time?

The disruptor

The disruptors dilemma; once you’re on top, I suppose the critical primary difficult issue here is once you’re rich fat, comfortable on top, in your yacht, partying with your burger babes, how can you continue to innovate disrupt etc.?

So for example, I think Apple has been trying hard to disrupt herself, without much fanfare or acclaim. Why? They need something radically new carte blanche, something that no longer is in the DNA or the soul of Apple.

For example, Apple is trying to over diversify interfield that she is not very very good at. For example, AI, image generation, and virtual reality.

If Apple was smart she should just refocus. Cut and axe the whole virtual reality Vision Pro department, and refocus and recapitalize on iOS as well as the iPhone. Take all the smart engineers who are working on the vision pro, and have them make the iPhone great again. Because the truth of the matter is nobody wants to put any device on top of their head, it is bulky cumbersome, and everybody hates it.

Even if in theory, a Vision Pro literally would weigh nothing, nobody ever wants to put something on top of their head. I think it’s just human nature, just look at any kid or child, they universally hate putting on hats beanies, or things would cover their faces. Most people would prefer to just pull out a phone.

Think Miniaturization

So what is an interesting thought is that actually, my opinion about the AirPods Pros has changed a bit; it’s like an insanely uber uber uber smart phone or iPhone that you could just plug into your ear.

Think of AirPods as like a really mini iPhone 

For example I was just listening to a new Michael Saylor interview at the house, and one of the great things was while making my morning coffee, and shuttling back-and-forth and cleaning stuff, I was able to listen to the interview uninterrupted, without any hands.

I would actually say maybe a big focusing direction for Apple should be to refocus on the AirPods division. Like trying to figure out new innovative ways that technology can be embedded in the AirPods, in general etc., which can make life better?

Dematerialization

Another big thought is what I find so infinitely fascinating about bitcoin is that it is real, it exists, it is the ultimate new form of property. Yet you cannot hold it in your hands, you cannot see it in the flesh. It weighs nothing.

Cindy said something funny; I have never seen a bitcoin in real life, with my own eyes, how do I know it is real and that it exists?

A similar sentiment should be about the internet the cloud, your bank account your checking balance; you have probably never seen it in real life, how do you know it really exists?

Same thing!

Things can be real without you actually seeing it

For example, many of us are chasing wealth and fame, yet all you see is maybe bots on the internet and social media following you. How do you know any of it is real?

What’s real?

So to be a little more specific, I think we need to break down the notion of real — the term of “real.”

For example, when we talk about things which are real reality etc., are we talking about physical? Like something that has weight substance, in space in time? Like a brick of gold?

Or do we mean to say legitimate? 

Physicality vs Legitimacy 

I think I see the big issue here is once again, maybe it’s a legitimacy issue. The reason why people do not think bitcoin is real and the traditional sense is that people do not value it for its legitimacy. Still even in 2024, incoming 2025 — people are still talking about how it seems like a ponzi scheme? Pretty backwards.

The reason why, is as long as you have mainstream media still talking about ridiculous notions of ponzi scheme, it’s going to trigger a reaction into people, discouraging them from entering the asset class which is bitcoin.

The biggest reason why bitcoin is not a Ponzi scheme is that there is no central issuer– it is decentralized; Charles Ponzi was the guy who invented his Ponzi scheme, which was based on fake coupons which were not backed by anything. And the reason why he guaranteed hundred percent return in 90 days is because he would just pay other people incoming money. 

Your margin is my opportunity

But who knows maybe this is a good thing because it gives us a little bit more buffer time to accumulate more bitcoins while we can, when it is still at a discount.

Michael Saylor actually made the interesting point maybe a year or two ago is that bitcoin was trading at around $35,000 a bitcoin or so, the general idea is that it is actually not desirable to have bitcoin magically become $100 million overnight because then if that were the case, we would lose our opportunity to purchase more of it when it was low!

Wise greed

And I think this is where it is wise to be opportunistic, and wisely greedy.

Whenever everybody is uncertain, shaking in their boots, it is wise to get aggressive, greedy in an intelligent way.

The patient investor

So my personal thought is as investors, we should only think of a time span for the next four years minimum. Ideally 10 years 20 years 30 years 40 years 50 years or 300 years.

How does one thing 300 years ahead? Simple, think about your kids kids kids. Like your son having a son having a son having a son.

And also, whenever I look at healthy fit successful men in their 60s and 70s and even 80s… I have a ray of hope. It’s like me, maybe gray hair, the silver wolf, but wiser stronger more intelligent more sexy?

I’m the giga chad!

There’s a funny meme going around about the GigaChad, it’s like somebody who is like the most masculine guy of all time times a 1000.

The vision is essentially a man, with a very very slim waist, with an insanely jacked demigod upper body lower body, and jacked chiseled face.

Obviously the Russian bodybuilder is not a good model because he’s probably taking all the steroids on the planet. Yet this is obviously possible without steroids;

Intermittent fasting no breakfast no lunch, just a 100% carnivore dinner, try to have 4 to 5 pounds of beef meat, lamb, ground beef, 80/20, beef ribs, beef liver organ meats etc. 

Financial independence, retire early

So this is a big thought; retire early. How to do it? Buy bitcoin just wait 4 years and retire!

How to 10x your income 

So this is a big thing; if I could guarantee you right now that you could instantly 10x your income, wouldn’t you do it? Of course!

So it seems that the first easy strategy is to simply think of your income like 10X.

For example, if you’re being paid like $20 an hour, assuming that you’re on the bitcoin standard, you’re essentially being paid like $200 an hour!

How to save money

Then the calculus becomes interesting; your impetus to saving money becomes predicated on the fact that anything you buy today, could cost you 10 “X in four years.

For example that 50 bucks you drop on that thing, will be worth $500 bucks. Or that hundred dollars you put on that thing, will be worth $1000. Or even worse, that thousand dollar thing that thousand dollar iPhone will cost you $10,000 within 4 years!

Accretive or dilutive? 

So then this becomes the big idea; think accretive vs dilutive.

The smart strategy and goal is to become accretive not dilutive.

Gas

I will scream this until I get hoarse; think of gas, never ever ever own or drive or acquire a vehicle which requires premium gas.

It’s almost like voluntarily putting a leech on yourself or your healthy child, or bleeding your child to death.

For example if I could tell you that you can voluntarily take your healthy firstborn son, and bleed a pint of blood out of him every single day, would you do it? Of course not!

If we think about money in capital like economic blood, think the same thing.

You want to be accretive not dilutive.

What is accretive?

I have a funny theory, is that if you want to become the GigaChad the ultimate investor or whatever, you must make your body like a demigod.

So a very simple thought is a very very simple thing that could be accretive is muscle. 

For example, you lift heavy stuff, you lift heavy weights, in the evening you eat 5 to 6 pounds of beef, obviously you’re going to accrete muscle, skeletal muscle mass. 

And once again, 100% carnivore diet here, all meat no filler.

You do not need carbs

A lot of pseudo-scientific fitness people think that you need to consume sugar carbohydrates to accrete muscle. This is all built upon a platform of flimsy knowledge, written mostly by people who are on steroids.

I have proven, and I am a very normal human being, that at around a body weight of maybe 160 pounds, a human being can lift 1000 pounds, while fasted, while not consuming any protein powder, steroids or whatever, can do it. And obviously I’ve built a lot of muscle mass, simply by following 100% carnivore diet, all meat no carbs no sugars no starches.

I almost wonder if meat is like bitcoin. All killer no filler.

ERIC

Learn more:

1. Intro to bitcoin lecture
2. Transcript

Learn more Bitcoin >

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If you’re asking how to “become Eric Kim,” it depends on what you mean by “Eric Kim.” Eric Kim is a common name and may refer to various individuals, including photographers, entrepreneurs, academics, or everyday people. Here’s a general guide depending on your context:

1. Eric Kim the Street Photographer

• Study photography: Learn the basics of street photography, camera techniques, and editing.

• Develop a minimalist style: Eric Kim’s photography is often characterized by simple, striking compositions.

• Read his resources: Eric Kim offers free educational resources, books, and workshops on his blog.

• Engage in the photography community: Participate in workshops, exhibitions, and online forums.

• Focus on philosophy: Eric Kim integrates philosophy, such as stoicism and existentialism, into his photography and writing.

2. Eric Kim in Another Field

• Identify your field: Determine the area where “Eric Kim” has made an impact (e.g., business, science, art).

• Study their path: Research their career, education, and accomplishments.

• Develop relevant skills: Build expertise in the field they excel in.

• Embrace personal branding: If the Eric Kim you’re referring to has a strong personal brand, study their branding methods.

3. Metaphorically Becoming ‘Eric Kim’

• Define your goals: What about Eric Kim inspires you? Is it their creativity, career, or mindset?

• Emulate their qualities: Adopt the habits, values, and strategies that define their success.

• Stay authentic: Even if you admire someone, stay true to your unique identity while learning from them.

If you’re referring to a specific “Eric Kim,” please provide more details!

I don’t really envy anybody else on the planet, I prefer myself.

How does one begin to not envy other people?

First, Zen. A lot of these rich successful famous people, have no Zen no peace of mind, no good sleep.

Even the Buddhist monk Thich Nhat Hanh talks about one of the virtues that people want to have is really good sleep. I think this is a good virtue. 

Second, join team bitcoin. Imagine if you had like LeBron James, Michael Jordan, Kobe Bryant all playing on the same team, all playing for a team bitcoin. Whenever they score you score!

Now some people might think, they’re putting up 100 points and I’m only putting up 10 points. But this is besides the point. Every time they score you score!

Everyone wins together? 

So then this becomes very fascinating because it becomes a positive feedback loop; rather than being envious of the gains of others, instead, you began to be grateful and happy that the gains of other GOATS directly benefits you!

Physicality and fitness

I think one of the critical things to understand is love these guys on steroids, yes everyone is on steroids, LeBron James, Steph Curry, your favorite sports player who doesn’t even look like they’re on steroids. Essentially the big idea here is that steroids are broad; Even people who have to use the typewriter for living often get steroids injected into their carpal tunnel area, in order to ease the pain.

For example, a lot of individuals then, get some sort of cortisol shots, which is actually steroids.

Now what is the downside of steroids? Your balls shrink to the size of tiny acorns, you lose your sexual libido, your dick gets smaller.

So when you see the guy who can deadlift like 100 times more than you, or has the physique of a demigod, assuming that they’re not ERIC KIM, rather, “I pity the fool!“.

Why?

I think the seeds of envy is based on the premise that other people are in a happier, more superior, more beneficial, more awesome position than you.

But once you figure out that in fact, they’re actually in an inferior position than you, your opinion changes. You start to feel compassion for them. Their suffering.

For example, probably the most interesting thing I learned about the Walter biography on Elon Musk is that you do not want to be Elon Musk. It is more of a curse than a blessing.

For example, Elon has a very very poor physiological approach, and he also seems quite foolish. He’ll party until 4 AM, drinking Red Bull and vodka, only having to take Ambien to fall asleep and to wake up the next day to continue performing.

Xanny?

And also, I also wonder why a lot of these rappers, were supposed to be super tough or whatever, why are they all talking about Xanax? Because I think they are all riddled with anxiety, that is why they comatose themselves with alcohol marijuana and sex, perhaps porn pornography as well in order to just fall asleep at night?

The truth is bad

So I’ve discovered a lot of truths, but ultimately I’ve discovered that the truth is pretty ugly and bad. And that actually the point of philosophy isn’t truth-finding, rather, it is more of an artistic pursuit, towards beauty, joy, aesthetics, ethos and ethics.

The reason why almost everything is bad is that everything created or produced or whatever is typically created by unhealthy individual individuals, unhealthy corporations, all on some sort of fiat based standard.

Therefore as a consequence, I would say only put your trust in individuals, institutions or whatever, which are financially independent, on a 100% undiluted diversified bitcoin standard.

For example, am I the only YouTuber or podcast I know that has zero advertisements of any kind?

And this is where also I am a bit suspicious of a Joe Rogan; why does he still do these advertisements which are insanely lame? Isn’t he already super super rich?

Also, maybe this is where the idea of a Joe Rogan coin or a Joe Rogan token is a great idea; I invest $100 in Joe Rogan coin, in order to have the privilege of not having to listen to annoying advertisements, and he could do an ethical way. And he could do some sort of Joe Rogan club in which anybody who owns at least $1000 worth of Joe Rogan coin could join him on a private zoom call, ask him any questions etc.

Maybe I’ll introduce an ERIC KIM coin one day. 

Autotelic goals?

So a big idea that I have is once you’re dumb rich, everything you could be doing is autotelic in nature; which means you only do stuff that you really care for, things that you think will benefit the human race. Because you no longer need to make a profit off of it.

For example, one of the big problems is that everyone is always trying to chase a profit, which leads people to just getting burnt out?

If you’re already independently wealthy, then you could just do anything that you want!

An interesting thought; there’s a guy named Derek Sivers, sivers.org I think ,,, and he became independently wealthy I think maybe from selling some sort of tech company? Anyways apparently now his community service is just answering emails from random people all across the globe with random questions?

Also, I’m not sure what Tim Ferris is up to, however, last time I checked, I think he’s still doing podcasts, and once again I’m not really sure why he still needs to put annoying advertisements on his podcasts, isn’t he super rich? I almost find that it is more intelligent and better for him to just promote his own products his own stuff, rather than promoting the products of other people and their services?

Promoting other people is unethical, promoting yourself is more ethical?

Once again, I think Joe Rogan is great! The reason why Joe Rogan became the uber GOAT is because he never censored himself, he is no BS, and he’s just likable as a person!

I think there would be a ton of people willing to pay 10 bucks a month to be part of a Joe Rogan fan club or something, or even for him to have a special newsletter to only $10 a month Joe Rogan fan club members.

Because honestly at this point, money is essentially free; everyone has a ton of money and if somebody is undiluted, 100% honest and pure, you want to support them!

How to uncensor yourself

So, I think the world of social media whatever people are loss averse; they are afraid of losing followers likes comments, subscribers etc. For example, even for myself, my email newsletter I’m slowly bleeding my email newsletter list from around 13,000 down to around maybe 8500 or so?

And also I think my YouTube, went from maybe 75,000 subscribers to now around 55,000?

And also my intelligent strategy of deleting my Instagram at its peak, at around 65,000 followers and rapidly growing in around 2017, and I haven’t looked back since? And note the ERICKIMphoto on Instagram is not me; it was recreated by some sort of virtuous and noble fan!

But anyways, I found that by trying to placate to the masses in some sort of non-controversial matter is not a winning strategy; to have 300 diehard fans is 1000000x better than having 1 million mildly interested followers?

Think King Leonidas and his brave 300!

All you need is 300 cyber Spartans!

The internet is toxic

If you have ever smelled sewer sewage water, like the smell of shit 1000 times over, you know how terrible the smell is. This is the last thing you want to smell before drinking a fine wine or eating your favorite rib eye steak,,,

And also, what if I told you that actually the truth was, 100% of the toxic comments on the internet were actually in fact created by bots?

For the most part going online is like voluntarily jumping into a sewer full of all the dung and foul stuff! With no hazmat suit!

Nobody is on Reddit

I’ll give you another example, I was using Reddit since like my freshman year of college, in 2006, but I quit around 2011. I would literally check it like 200 times a day, to kill the monotony of working my IT tech student job.

Anyways, I think the whole time I never created an account, and I think in the whole like four years of using a religiously, I only ever posted one comment just to be funny?

Therefore my theories; I wonder if all these comments on Reddit, I wonder if they’re all just bots? This were the case would you change your approach? Of course!

Envy?

Envy is an attribute of weak souls.

What is more constructive? Insane and extreme self pride!

This is actually the funny unorthodox thought; the thought is actually, being insanely self interested, self prideful and gloatful is actually a virtue?

I’ll give you an example — schadenfreude, or feeling some sort of superiority complex, by pitying or having compassion for worser off people?

Ignore other people and their kids

For example, something I’m starting to become exposed to is other people other kids, etc.

Now Seneca has never been in some sort of foreign daycare or childcare or standardized schooling yet, and he’s about to turn four. As a consequence, because I’m his personal trainer and teacher, he’s like pretty much on 100% carnivore diet, Wagyu beef, 100% grass-fed burger patties, etc. And actually, the other day when I took him to Legoland for like eight hours, he had a new meat PR, a new personal record; .7 pounds of ground beef burger patty, in a single day? That’s like 3/4ths of a pound, or nearly a pound of beef!

Anyways as a consequence Seneca is way taller stronger buffer, more intelligent and wise, better social skills, and also because he has a goddess for a mother, aka Cindy, she is insanely handsome fun and happy! He’s like the happiest, most giggly kid of all time. He’s essentially always laughing.

Anyways, whenever I see kids who are punier than him, my best strategy is to try to just not compare because I obviously know that Seneca is far superior.

And this is we’re having a pity party for other people their problems their kids is not constructive; I say all in or nothing.

For example, if you want to stage some sort of intervention, you essentially must be 100% committed. And my personal thought is this could only ever happen if it is your own child! Otherwise, you will not be 100% committed.

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100% time commitment

First, the time commitment idea.

The only way I am able to raise and shape and train Seneca the way he is is because I’m like with him 100% of the day. And this is the extreme privilege of being self-employed; even if you had the world’s best Montessori, there will never ever ever ever ever be a better teacher or personal trainer than you!

And also this might sound a bit sexist but I also find the bizarre thing is that if you are a man, and you have a son like your firstborn son… why are there so few male teachers and role models? And also,,, shouldn’t a man, a father raise his own son, his own firstborn son?

Think Leonidas

For example if this was ancient Sparta, and you want to train your son to become a warrior king, certainly you would want some sort of insanely jacked and virtuous man to train your kid.

Also as a heuristic; never trust a personal trainer who is not buffer or stronger than you. 

And this is why I have never ever ever had a personal trainer in my life because no one has ever been as strong unorthodox or courageous as myself; until I have met somebody who could lift 1000 pounds, the thousand pound ERIC KIM Atlas lift, I’m ain’t interested.

Now what?

So, the best thought is we are all on the same team, the same squad! No competition here, because once again we’re on the same team!

Thich Nhat Hanh had a piece of wisdom in one of his writing pieces is that does the left hand envy at the right hand for being stronger, more nimble or superior? No! The left hand doesn’t have an inferiority complex. And also, if you are a lotus flower, and you are surrounded by daffodils, do you envy the daffodil? No!

Or if you’re a panda, do you envy the cougars? No!

The same myology is true with trees; certainly every tree desires to be the tallest the most dominant, etc. However, I don’t think necessarily any trees envy other trees. They just stay focused on themselves, digging their roots ever deeper into the floor, to grow ever higher?

Being “autistic”– autos, self centered as a virtue.

Never stop growing!

So my personal thought is with life everything in-between; the goal isn’t to compare yourself with others, but rather to stay focused on yourself, and keep stacking yourself and growing yourself! And your kid, your family etc.

So for example, a simple personal goal that I have for myself is I want to always become physiologically stronger, more muscular, more dominant, more full of energy and vigor, more happiness joy, etc. Yet I do not compare myself with others; because once again, nobody else is as blessed or fortunate as myself.

The benefit of not going to the gym no more

Even a big benefit of not going to the gym anymore is that whenever I engage in some sort of weightlifting activity, it truly tests my own self-sincerity; am I doing this for myself, or to flex on others?

I think it’s fine to try to flex on others, but often the big problem is when you try too hard to flex on others, you could actually end up injuring yourself in a bad way?

A 2-year mistake

For example one of the bad regrets I had about two years ago, I’m OK now, is that I saw a bunch of guys who are bench pressing a lot, and I wanted to flex on them by benching even more, and in the process, I had a pretty bad injury in my right wrist, which took me nearly 2 years to fully recover!

Once again, one foolish display of machismo caused me two years of anguish. 

And this is where patience is a virtue; and also, the virtue of being self focused, self-centered.

Being self-centered is our new virtue. 

ERIC

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Never stop learning

1. Stoicism
2. Ethics
3. Philosophy

And always when in doubt,

START HERE

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What I’m reading

1. Principles of economics — Saifedean
2. The Odyssey, Emily Wilson Translation Also, Free open source books by KIM >

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Super pumped to share with you, my first full length lecture on an introduction to bitcoin, the bitcoin Revolution, and also this edited transcript that I provided for you!

1. Full video zoom recording Dropbox link
2. PDF SLIDES
3. AUDIO FULL
4. PDF version of new transcript for talk

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The Bitcoin Revolution (WILL) Be Televised!

So the Bitcoin revolution, the revolution will be televised. So, starting off.

First, what is Bitcoin? Why does it matter?

So I think the 1st important critical thing is trying to consider and think you know what is Bitcoin we’ve all heard about in the news we heard about Bitcoin as being a Ponzi scheme, a pyramid scheme. And honestly, my mom has gone through her fair share of Ponzi schemes like she she got suckered by the whole Amway scam.

I think the reason why Bitcoin is so important and critical is, Bitcoin is like the early days of the Internet. So if you go into a time machine and you could tell somebody in the past, okay, you know, in the days before email existed. Right? So okay, once one day, you know, everyone’s gonna have a supercomputer in their pocket. They’re using it to check all their bank statements. You’re going to be able to use your camera on your phone to scan your you know your checks, your bank account balances. You can use this to send money and messages and videos to everyone on the planet. Instantly everyone would have thought you were crazy.
and I think one of the biggest misconceptions about Bitcoin.

So a constructive way of thinking about bitcoin is trying to figure out what bitcoin is not.

My personal opinion is, I do not think that Bitcoin is actually cryptocurrency. I think currency is the Us. Dollar, and I think one of the biggest problems about the whole field of crypto and cryptocurrency is everyone is like a crypto anarchist, which means that they want to see the Us. Government and all the governments on the planet fail, and they can essentially live in peace and silent without interference from the Government.

Yet, you know, obviously, at the end of the day, it’s nice to have public streets. It’s nice to not get robbed in the streets. And actually, I think one of the biggest misconceptions about Bitcoin is. People think that Bitcoin is trying to replace the Us. Dollar.

But my personal thought is, Bitcoin is going to be a supplement to the Us. Dollar.

Essentially, I thought this a long time ago that essentially Bitcoin is digital gold to hedge against inflation, which means, as our money, our Us. Dollars, or our euros, or our local currencies become devalued.

The upside is, our Bitcoin will become more valuable. I think the best analogy that I got was from chairman of microstrategy mstr Michael saylor, essentially thinking that Bitcoin is is not digital currency, but digital
real estate.

So I think this analogy is better, because nobody’s on their zillow, you know, 20 times a day, checking their home prices right? And this is my mad Max Post Apocalyptic perspective. So imagine the future where there’s, you know, essentially
there’s this like nuclear fallout. And you know.
there’s no inhabitable places anywhere. And let us say, there’s only 21 million single family homes left on the planet for anybody to live. Obviously, sooner or later, you know, people are going to want somewhere to live. And so I think the best analogy, I think, is Bitcoin as digital real estate, which means that with digital real estate.

Monetizing Bitcoin?

You know, a lot of people are like– I want to quickly make money off of Bitcoin. But how do I make money off of it? It’s kind of like the early days of real estate. So if you bought Manhattan in the 1600s, you know, how do you monetize it? And I still think that we’re in the very, very early days of bitcoin and institutional adoption, which means you’re going to start to see New Bitcoin products come out. So some simple thoughts. So we’ve all heard stories of Scumbag San Francisco based scumbag landlords, you know, charging an arm and a leg for their tenants, and we all hate the landlords, I think with Bitcoin we’ll become the new digital landlords, which means effectively, we will in the future be able to like rent out our Bitcoin. And you know, let’s say we have one bitcoin right, and it’s and then I think that the personal math I like to do in my head is thinking that one Bitcoin is equivalent to one single family home. So I currently live in Los Angeles, in Culver City. It’s kind of insane. A single family home. I’ve even seen some in my neighborhood for 4.4 million dollars. The average Median household single family home is around 1.7 million dollars.

So in my personal mind, where I think Bitcoin is a trillion times more valuable than physical real estate land, because you could always make more of it. It’s not a real scarcity.

A single family home, and the price of a Bitcoin should be pegged to another.

So in my mind I still think of a Bitcoin at least 1.1
1.7 2.1, maybe even 4.4 million dollars a coin. And I think this is a very very fascinating idea, because also, you know, people say, Oh, but Bitcoin is not real. Money is yeah, but like our dead, shiny rocks. Aka. Gold money either, or is fiat currency, you know pieces of paper. You cannot eat pieces of paper to to live. And I think one of the most interesting things I learned about the philosophy of money is that essentially all money is just existing in the minds and souls of men, the value for men, is all essentially subjective.

Money is not “real”, but subjective.

Now, what makes Bitcoin so fascinating to me is that it’s the 1st time in human existence, you had a hard cap supply of money.

So, for example, people often talk about gold, right? So the issue with gold is at the time it was the least bad form of money, because it was very, very scarce. It was difficult to find. It’s difficult to mine and transport. Yet there was lots of good properties of gold. It’s, you know, essentially it kind of lasts forever. Aesthetically, it looks beautiful, the nice yellow color of gold mimics that of the sun, and you know, at least back in the day, let’s say you had gold coins it could easily fit in your front pocket whatevers.

But now things become a lot more difficult because we’re living in the 21st century, the 22nd century you know, we would have flying car drone robo taxi, self driving car waymos. It’s like, Why are we still using an antiquated digital framework of modern day banking swift code accounts?

I hate the banks

If you’ve ever tried to send money, you know, from the Netherlands to South Korea, to Nigeria, to Lagos whatever you find that the the whole SWIFT system is kind of like a bunch of gangster mafiosas like even my mom is currently living in South Korea.

Example if I want to just send my mom a small sum of money, it is insane,  it takes like three or four days, and the wire transfer fees like 55 bucks, I hate this. This should be done instantly. Therefore the thought of bitcoin, being able to quickly and effectively and securely transfer value across time and space without a trusted intermediary is a big big deal, a big big revolution.

Peer to Peer Capital

So why does Bitcoin matter? It’s kind of like asking somebody why does clean water matter so one of the things I love about Michael Saylor, and I highly recommend watching all of his videos. @wsaylor. It’s essentially Twitter or X or michael.com.

He uses this analogy of sewer water. So let us say, every all 8 billion people on the planet are all drinking sewer water, and people are dying of dysentery, and people are saying, I don’t get it, you know I exercise, you know. I
you know I eat healthy exercise every day, but I’m still dying of dysentery. My kids are dying of dysentery, and so the whole issue is that if you’re drinking sewer water, no matter how healthy your lifestyle is, how virtuous you is. It don’t matter. You’re going to be, you know, dying of dysentery, or perpetually sick.

And so, if we think about these physiological terms, and apply it to Bitcoin and money and digital capital. This becomes really fascinating because my personal thought and you know, also, I grew up in a family of poverty, poverty, meaning that I thought I was going to be homeless at least 2 or 3 times. My dad was perpetually addicted to gambling with the rent money.

So what a lot of people don’t understand about growing up in poverty, and prosody is that the logical strategy that you never know when your dad is going to steal your money and gamble it away, and therefore the smart strategy is actually to spend it all right now! Because you never know when he’s going to look in your piggy bank, your personal checking account that your mom put away for your college, or even take your hard earned $3000 as a 15-year-old bus boy at your mom sushi restaurant, lying that you’re going to invest in some business, leaving to LA for about a month, gambling it away, and coming back empty.

When I think about it, this is actually super sad. Once again when I was like super super young like two years old, my mom tried to make me a savings account, like one of those checking or savings investing accounts for kids, and she might’ve had a nominal amount of money in it, like 200 or 250 bucks or something. And she told me the sad news is that one day when she checked up on it she discovered that the money was gone. Essentially my dad even stole away that $250 from my child savings account for college, once again feed his gambling addiction.

The logic 

So once again, as a kid growing up, I never had this ethos or tactic of saving. Because we literally cannot come every dime that my mom made was fun into paying for groceries and rent.

Therefore I like a 15-year-old kid, my thought was I’m going to take every single penny, I can immediately go out buying some new sneakers, you know, buy some cool clothes, and I literally had $0 in my bank account.

Don’t blame poor people

So I think the pernicious, vicious cycle of inflation is.

You cannot blame people for not saving up capital for their future if the money itself is deflating at such a rapid pace, and so I personally think that you know Bitcoin is like giving every single person on the planet like unlimited free Fiji water, or the best alkaline hipster water whatever water you want. Essentially giving people clean water. And
a lot of people say, Yeah, but Bitcoin is not real money. It’s a okay. So I think this is a big this is a big shift for me also, personally.

My personal thought is, Bitcoin is actually more important than money.

Capital > Money

So we should not think about money. We should think about capital. I think capital is a lot more robust and strong as a concept. So, for example, capital comes from Cap CAP. Like upon your head. K-ap. Essentially it came from the head of oxen. So if you read the Iliad, the Odyssey essentially, every time you want to appease the gods, you have to sacrifice a hectacomb, Hecta means 100 a hundred head of oxen to appease the gods.

And you know, obviously, that’s very expensive, like, can you imagine, if you know you sacrificed a hundred Lamborghinis to appease the gods, it would be quite expensive endeavor. Right?

And so, capital. We all live under Capitalism — it doesn’t matter if you’re living in Europe, Africa, Asia, America, China, and also one thing that people don’t understand is, I think, what a lot of these people, maybe 4 or 5 years ago, China is going to take over. China’s not going to take over. China is dependent on America, and effectively, the Chinese Yuan the CNY is essentially effectively pegged to the Us. Dollar and the Us. The US is essentially the world. Reserve currency and capital is what we seek, not money.

Currency?

Talking about currency, so currency is like, you know, buying a Starbucks Frappuccino, or buying a in and out Burger. Right? That’s like money currency, right?

Capital is essentially long storm, long term, store of value. So it’s building generational wealth.

So one of my favorite songs from Kanye West is the off the grid songs that we off the grid grid grid this for my kid, kids, for when my kids, kids have kids.

And I think this is also the big thing is a lot of millennials, nowadays, I think the disincentive to have kids is because there’s so much fear mongering about the the future is gonna become uninhabitable, you know boil the seas or whatever. So there’s not going to be a future. So essentially, there’s a strong sense of pessimism.

But Bitcoin, to me is like solidified optimism, which means that the future is going to be glorious and great. And you know, even having Seneca right now, think about his future kids, kids, kids, or my future kids, kids, kids.
It brings me so much joy. Because the simple strategy, you just keep stacking Bitcoin until you die, and then you hand it on to your kids. Your kids give it to their kids kids. It’s like, if you owned, you know, a hundred penthouses or 10 square blocks or 20 square blocks in Manhattan, on the main island. Do you ever sell that to buy a Lamborghini? No! That’s not what one does, or liquefy it all into us dollars and brag about how many billions of dollars you have in your bank account.

Nope, that’s not the goal– you want to build capital. And traditionally it’s been real estate. But once again, real estate was a good idea. In the 16 hundreds, 17 hundreds, 18 hundreds, 19 hundreds, or 2000s. But then the subprime mortgage meltdown proved that, you know maybe it’s not always the best idea.

Real estate can go down.

Only one reason

And I think the hard thing is, people say, Yeah, but you know, real estate, you know, essentially, everyone needs somewhere to live, and it’s historically, the value of real estate is always going to go up forever. Now people say that the tricky thing is the pace of monetary inflation is around 15%. The best thing is to either chat Gpt or Google The M2 Money Supply. And essentially what you will find is
that the money supply is essentially a metric in which the Us. Government, or any other government on the planet, includes the euro and stuff. They keep printing more currency. And the reason why then this becomes an issue is that if you have more currency in the system that means the individual value of each unit is going to go down.

The shake shack effect

I call this the shake Shack Burger incident. So me and Seneca we used to always buy a single burger, patty, for $1.49, $1.50 … and one day we come and they say no it is $2.50, a party.

Why this makes no sense is like, yeah, we just increased the minimum wage to $20 an hour from $15 an hour. $20 an hour for fast food, and the hard thing is with minimum wage. You cannot rewind the the hands of time. If you suddenly said that the minimum wage is only $17 an hour, there will be riots. The streets would not be not be good.

Bitcoin is digital photography

So we’re all photographers, you know, street photographers, whatever. And the hard thing with digital is in our minds, digital is infinite and free. So, for example, I could take a copy of Mozart’s 5th Symphony, or whatever, as an mp3, file, and I could copy and distribute it a trillion times with 0 marginal cost right?

So this is where the notion of cyber becomes more interesting. And I’ll think about like, you know, cyber punk thinking about cyber truck.

It’s essentially once again, mathematically, cryptographically, that the hard science and the hard math is there can never be more than 21 million coins
in existence come up forever. Even if you took all the quantum ultra computers on the planet, times it by 20, you still could not produce more bitcoins. It’s just how it works right?

The immortal gold cyber oxen

One Bitcoin is like one cyber-ox, and it’s immortable, immortal, indestructible. It’ll give you life forever. And there’s only gonna be 21 million of them in the future. And now and so this is your chance to get one for an extreme discount.

Buying a single-family home in Los Angeles for only $100,000 

Let’s even say let’s say you want to buy a single family home. Let’s say it costs a million euros or whatever. Right? So if I could tell you today that you could buy a single family home for only $100,000 or €100,000 you’d be like, wow, that’s that’s the deal of a century. That’s you’re still getting a 90% discount.

And my personal thought is Bitcoin is far more valuable than real estate, because in the next 20-30 years, when essentially all the all the baby boomers, The Gen. Xers die off, and it’s the millennials and Gen. Z’s. And, alphas!

What do we care for?

When we millennials take over, what’s interesting is that we don’t really care about physical real estate anymore. We will care about digital cyber real estate which is bitcoin. 

So my personal story, how did I get into Bitcoin? So it might seem a little bit random. It’s like, Okay, ERIC, you’re super famous for photography, street photography like, how do you get to Bitcoin like? It’s like, so random, right? But actually, it’s not very random at all, because, you know, if you’ve been following me carefully, you know the whole time, I’ve always been talking about living minimalistically, frugally, Spartan lifestyle, whatever’s. And you know now that you know I’m pretty stacked with a bitcoin and microstrategy stock mstr.

Funny enough, I’ve personally found that my lifestyle habits haven’t changed much after getting super rich, I mean, I’m a little bit more generous, maybe, like, you know, took out a friend last night to all you eat Korean barbecue
paid for her bill didn’t really even flinch.

Even a random aside, my best friend and my best man Justin, told me this when we were like in our early 20s, when we finally got good paying jobs whatever, is that the greatest joy is being able to eat out and not really feel the pain associated with having to eat out because we both grew up poor. 

I still remember even when I was undergraduate at UCLA, after our KYRIE club meeting, we would all go out to eat, and then I would see all the other guys ordering these really expensive $15 Korean barbecue gogi plates, (this was in 2006, when you could still buy a foot-long sub sandwich for five bucks), and $1.99 tacos, and $1 tacos, and me trying to save money, would force myself not to eat even though I was hungry, and my friends would ask me if I was hungry and I would lie, and say I wasn’t, while my stomach was still grumbling. 

Monetary, financial freedom is the goal

So my personal thought with Bitcoin is, I personally wanted monetary freedom, and so long story short, so I’ll never forget this moment. So I’m born 1988. Went to UCLA as an undergrad — my roommate at the time, Kevin. It’s our junior he’s on Reddit, and I’ll never forget we’re in our studio apartment. I think I was distracted. I was doing something else. He was like Eric, you know. He’s on some subreddit, and he’s like.

“Oh, Eric, this thing called Bitcoin, and there’s this one dude who just bought two domino’s pizzas for like 10,000 bitcoins. We should just get like a hundred bucks worth of bitcoin, and just see what happens.”

I then responded “Eh, seems like a scam” and disregarded it. No this is one bitcoin was like less than a penny, so even if me and Kevin and my roommate Kevin, just bought a hundred bitcoins at the time for funsies, right? And I had a hundred bucks right? We would each be worth at least 1.2 billion dollars.

If I had bought $100 worth of bitcoin at the time, once again we would each have about $1.2 billion in our checking accounts.

Everything happens as it should have happened 

Today, I’m like, man. This was like the worst mistake of my life, right? But everything has happened as it should have happened. You know. Maybe if I had become a billionaire I’d just become some degenerate, you know. Cocaine addict on some beach somewhere in in Hawaii, and then Seneca would never been born. I would have never done my photography, world travels, whatevers.

Then my reintroduction to Bitcoin was kind of more recently when moving to LA. The cost of living is so expensive, and you know every I don’t know a single person who doesn’t want financial freedom. A long story short, I 1st heard about Bitcoin again, kind of earlier than when I was living in Vietnam around 2017, 2018, and at the time I didn’t really need Bitcoin, because our living expenses were so cheap. It was $320 bucks a month for a brand new studio apartment, fully furnished up, uplighting and the jazz right? And even at the time, passively, the income we’re making. Let’s say it’s a $1000- $2,000 a month. Let’s say it’s not even that much right, but like our whole total expenses, living expenses like maybe $600-700 a month, so I had the epiphany I’m like, I’m never going to run out of money. So already, at the age of 26 in my mind, I mentally retired right
and just more for funsies.

Buying bitcoin for $6,999 a Bitcoin

I met this guy named Bing in Singapore. Heard about this thing called Digibyte. Dgb, I don’t even think they’re around anymore. But at the time I’m like, Okay, I want to buy some bitcoins, buy some digibyte. How do I do this? And at the time Coinbase seemed like the best option, because it was the simplest, most minimalist to me it looked like the paypal for for Bitcoin and cryptocurrency.

For fun I bought about $25,000 worth of bitcoin, which, and Bitcoin was only about $7,000, $6,999 a bitcoin. So that was around 3.5 bitcoins. 

I then traded some bitcoin for digibyte, and I kept some bitcoin in my Coinbase account. Then the next few years I essentially saw the waves and the crashes and the dogecoins and stuff like that.

And essentially, I just kind of woke up to my guts and found out that Bitcoin was a real deal.

Satoshi is the Bitcoin Jesus

Some strange analogies is to me Bitcoin is almost like a new
World economic religion, I mean, people who follow Bitcoin are like fanatic. They’re zealous about it. They follow Michael Saylor like he’s like you know the prophet. You know the next prophet of Bitcoin right?

And it’s always good to invest in religions or to invest in cults like the cult of Tesla, Elon Musk apple, Steve Jobs. Whatevs, right?

Why?

Now obviously, I have financial independence now, and the only reason I’m teaching this workshop or sharing this information is, I almost feel like it’s my ethical imperative. Once again, if you could have discovered internet in the early days, or clean drinking water, I would feel that it would almost be a disservice if I did not share this information with others.

Future value

So everyone’s always about like, okay, so what is the Bitcoin gonna be worth? So there’s the open source model. Michael Saylor, I think, helped create it. It’s called the Bitcoin 21 model, I think. Right?

So 21 years from now his base case is that Bitcoin is going to be $13 million a Bitcoin. Bear case, $3 million a Bitcoin. The bull case is $49 million a Bitcoin, and note, this was in 2024 in July before Trump was announced as President, and he is ultra super pro crypto and bitcoin and also worth following, is his son Eric Trump, ironically. His name is also Eric also the funny thing. There’s a bunch of Eric’s actually in the world of Bitcoin, Eric Kim Eric Semler, of semler scientific, this other Etf guy who works for Bloomberg. His name is Eric Balconus, or something like that.

Follow Eric Trump

Essentially, we have an all Republican trump, pro bitcoin pro crypto, President and cabinet, whatever right?

More bullish

What is really fascinating about Michael Saylor’s predictions for the future price of bitcoin is that when it was only $65,000 a bitcoin, and we were a bit uncertain about what the future of bitcoin and the president and the government would look like.

The last four years, we were all fighting an uphill battle, because the former administration was adamantly anti-crypto and anti-bitcoin. Gary Gensler who seems like a smart guy, was for some reason really anti-bitcoin and crypto? 

The next four years will be glorious!

And so these were all written by Michael Saylor’s predictions before we had the most pro bitcoin
government of all time. So all these numbers, I think, should be inflated. So my personal thought is, I think, for the next 4 years once Trump takes office, January 20, 2025. I think this will be the craziest, best Bitcoin Bull Run of all time the next 4 years. So currently, Bitcoin’s been going up around 60% to 62% arr annual rate of return. And I think once Trump takes office, and I’m pretty sure he’s gonna buy the 1 million Bitcoins, or whatever for the strategic American Reserve.

And also I think Eric Trump, his son, is committed to having Bitcoin be at least a million in Bitcoin.

120% Bitcoin ARR for the next 4 years

So let’s see. So my personal prediction, right? So I think Bitcoin will grow by at least 120% arr over the next 4 years. So let’s say, Bitcoin is worth around $100,000 right now. So by next year, let’s say it’s $250,000 the year after that, let’s say it’s $750,000, let’s say the year after that it’s like $1.2 million. So I think we’re on track to hit a million a bitcoin in 4 years about 10x gain. So just do the math from then.

The $1 million dollar cybertruck

Currently as an account measure, I now equate one bitcoin being worth one cyber truck, assuming that a cyber truck is currently around $100,000.

So the smart strategy is to take your hundred thousand dollars and invest it into bitcoin today, and you’ll see that becoming $1 million in four years. 

What that means is sell your cyber truck for $100,000, buy bitcoin, otherwise you have just done spent $1 million on your cyber loser truck.

Cyber warfare 

Now, people are always asking, okay, this, you know, Bitcoin reserve strategy, you know, like, how is? And why is America going to buy the Bitcoins? Right? So we’re essentially out of physical land and real estate. Now we have to go to cyberspace right?

And it seems kind of silly, like something out of a sci-fi film. But the truth is, they’re currently the war we’re having with China and Russia. It’s it’s not physical war per se. It’s actually cyber war. So cyber security is the big big money maker. Even cyber penetration testing. Right? I think Gmail is trying to get like all these malicious actors trying to attack the Gmail servers like a million times a minute. Something crazy, right?

And if you look at the history of America, right? So, Manhattan, 1600s, the price of Manhattan. It was essentially stolen from the natives. Right? 60 guilders, right Louisiana purchase, you know, to fund Napoleon, California. Also kind of stolen from the the local Mexicans right? And also Alaska right. The the payoff was great, right, and so essentially the Bitcoin Act, the Cynthia Lummis Bill, she’s trying to get the States to buy at least a million bitcoins right? And you know even a Michael Saylor is much more aggressive. He’s like no America should at least purchase maybe 5 or 6 million bitcoins, which is 20 to 25% of the whole Bitcoin supply. And all America has to do is a free trade. They just need to sell their gold and then buy Bitcoin.

The super evil genius plan 

And in a recent interview that I was listening from Saylor.
super fascinating, is like essentially what he said was the super evil genius strategy of America selling her gold reserves and buying Bitcoin is that if that’s the case,
we demonetize our enemies.

You know, gold capital reserves.

So then suddenly, the the gold of the Russians, the Chinese, will go to 0, and then everyone’s going to rush into Bitcoin. And if America owns Bitcoin, it’s a good sign for the future.

Why America is the GOAT

And also another big thing I want to talk about. Why does America have the best economy on the planet?
So we essentially gave birth to Apple Amazon, Facebook, the magnificent 7 stocks, Netflix. And you know, people talk about China. It’s like. Okay, I don’t know a single rich mainland Chinese oligarch who doesn’t want to send their kids to the States to Harvard or Yale or Princeton, you know, buy a nice house in Palo Alto, the Bay area, or even Vancouver.

No rich mainland Chinese person actually wants to be in China, but because of capital controls, they’re kind of stuck. So once there’s going to be a mad rush to Bitcoin. That means that you, your family, your whole squad, is going to prosper now.

Simple storage is best.

My friend Dante had a question about storage. So I think the hard thing with storage is okay. So how do you say this?
This is my personal philosophy. The reason I do not personally trust cold storage for myself or more of these self custody options is that I know that I am very forgetful, and my biggest fear is, let’s say, I forget my passcode, or whatever is right to the Bitcoins. And or let’s say, my kids, kids can forget it right? Then boom like, you’re gonna be out like a hundred 1 million dollars. Right? So that’s that’s not fun, right? And so personally, I think the easiest is to just, you know, store it on the cloud. So, using a trusted custodian, whether it be coinbase. I think fidelity has their own services now.

And the you know honestly, it seems like Coinbase is probably the best option,,, coinbase.com, or you just download your iphone ipad. Whatever right is that you could also get a link with your biometric apple id data, whether it be face id or thumbprint. Whatevs right? So this way, it just feels much more secure.

So for me, I would prefer an 80 to 85% optimal thing that is kind of dummy proof rather than take the 100% secure option which, because of user error, I might fail, and something that I personally learned is in terms of technology. And all these things in between
seeking the simplest, most straightforward option
that is least complicated is often the best solution.

Don’t trust advertisements 

And the reason I would be very, very wary of a lot of these people promoting, you know, buying their hardware wallets. Whatever right, everyone has a buck to make. Everyone has a bitcoin to make. Everyone wants to make a few satoshis here and there.

So they’re trying to fear monger us. Oh, you’re gonna you know, Coinbase going to get hacked. And I’m like, no, I don’t think it is. It’s like, you know, back. It’s like essentially a Us. Government backed institution, you know, it’s essentially it’s traded on the the the US Stock Exchange. It’s a American based company. I would not trust anything outside of the States.

Who should use cold storage

If you’re super, you know, quant genius, autistic genius, then do all the cold storage stuff. But if in doubt, just the simplest thing is, coinbase seems to be the best.

The ERIC KIM Free Money Hack

Okay, so this is kind of my free money hack. So I call this microstrategy, strategy, mstr microstrategy versus bitcoin. And okay, so it’s very, very simple. So this becomes a philosophical debate. To say it short.
I think the ultimate goal is to own Bitcoin, he or she, or the entities which own the most Bitcoin shall win.

And so for me, philosophically, you know, let us say that you could own, you know, 20 bitcoins, or you could own 2 million dollars worth of micro strategy. Mstr. Stock. Right?
10-20, 30 years from now, right?

With MSTR you’re going to actually outperform Bitcoin. You’re actually going to make more money from microstrategy stock than Bitcoin. So Bitcoin, historically, has been 60% to 62% ARR annual rate of return MicroStrategy is almost double that 120 to 125 ARR. So if you actually want to maximize your returns, you just buy microstrategy stock mstr.

Risk factors

The issues is, you know let us say that Michael Saylor gets shot. He gets killed. He dies in a Cybertruck self driving accident whatever. Right? Then, it’s probably not going to be the world’s best future for microstrategy. So it’s actually much more risky.

If you want the least risky option, just put all your money into Bitcoin.

We the new Spartan Bitcoin demigods!

And some millennial living strategies. Right? So the the simplest strategy I have, I call it the Spartan strategy. This is why I personally follow. Is you essentially try to live as minimally and frugally and sparse as you can, and just put literally 90% of your income into bitcoin.

And a free money hack I discovered. So, for example, let’s say you have $150,000 or €150,000. Right? And you know I’m not 100% sure how it works if you’re a European.

Anyways what you do is you buy microstrategy stock. So let’s say you buy, you know, $100,000 or $150,000 worth of it right? And Mstr, and you use fidelity, or robinhood, or whatever trading app you have. Right.

And the strategy is simple.

Let us say the base case is $150,000. Let’s say your microstrategy stock value then goes up to $200,000. Right?
You sell $50,000 worth of it, and then you just transfer that to your bank account, and then your bank account is linked with your coinbase account. Then you just buy the Bitcoin — rinse and repeat.

So very, very impressive over the last 3 months, I started with initial seed capital of around $150,000 in microstrategy stock, off of that $150,000 right and I haven’t even touched my principal. I yielded $242,000
off of that initial $150,000. Once again I didn’t touch any of my principal. So essentially I made a free $240,000 dollars … in just 3 months!

Just put it all into MSTR

And also for traditional Roth, Roth, Ira retirement accounts. I put everything into microstrategy stock, and it had already like 3x’d.

For example, My roth, Ira, just kind of randomly was like was $78,000, and then the course of 3 months it’s like now, $230,000. It peaked at around $300,000. So it’s going to be a good future.

Minimize your expenses

So the the very simple strategy– cut and reduce your expenses to a bare minimum.

So let us say you’re able to get down your living expenses to let’s say you know, $5,000 bucks a month or €5,000 a month. Right? the point isn’t to just make a bunch of money and just go out and buy the Lambo. The the goal is actually to continue to live frugally. If anything live more frugally.

The paradox of richness

So the funny paradox here is that when people say they want to become a millionaire, but they’re really mean to say is I want to spend $1 million. 

But the funny thing is the second you go out and you spend $1 million, you then become worth zero dollars.

So actually, the game then is to stack your capital indefinitely and to see your numbers go up forever.

And then the hilarious thing assuming that you’re like some sort of greedy money rich person, you actually continue to live as frugally as possible, and not touch your capital. 

Stop the heat, capital loss

I think one of the wise ways to think about money is like heat loss. For example, if you’re super effing cold, do you want to seal up the window windows and the spots of your house which loses heat.

The same thing is with money and capital. You want to stop the capital loss.

Premium gas is for suckers!

So for example, the number one thing is the whole vehicle thing!

Never ever ever ever ever purchase any vehicle that requires premium gas. This is like the stupidest mistake of all time.

You continue driving your old Toyota Prius, and just pour all of your money in Bitcoin, because really the truth is and this is my philosophical thought is, there’s almost nothing worth on the planet purchasing.
Besides, Bitcoin is my philosophical thought.

The only thing worth purchasing on the planet is bitcoin. 

Think economic leverage


Also some even more super smart economic leverage.

Instead of paying an arm and a leg for rent in La or New York. Brooklyn, you just move to like Southeast Asia.

So if you move to Southeast Asia, you can live like a king, for like $300-500 bucks a month. Right? You just put all your money to Bitcoin.

How to never run out of money 

So even if you had a modest savings, right, let’s say you had like $200,000, and you have microstrategy stock.
Let’s say every month of the month is rent is due, and the expenses are due right? You just sell a small portion of that stock, and it’s going to go up.

So my thought on the next 4 years, microstrategy, assuming it’s around 2x Bitcoin. I think Bitcoin is going to go up 120% ARR. I think microstrategy is going to double that 240% ARR. So just do the math.

At the end of every single month in which expenses are due, let us say it’s like $1000 bucks or something… You just sell $1000 worth of bitcoin or microstrategy stock to just afford your lifestyle. 

MSTR x Bitcoin

But ultimately my personal thought is whatever excess, money and capital you have just put it onto Bitcoin.

So the microstrategy then ends up becoming the engine or the turbocharger or the cash cow. You milk it, and you shave the cream off the top, and then you buy Bitcoin with it.

So I think the reason why to me Bitcoin is such a fascinating thing, and very exciting, is essentially Bitcoin is digital photography.

Peter Diamandis, the X prize guy. Right? You know, he talks a lot about kodak film. You know the iphone and disruption.
So actually, intuitively, as photographers and digital photographers, we should actually understand bitcoin. You know, this disruptive power about digital photography. So obviously, you have the hipsters with their mustaches and their flannels, you know, talking about the virtues of film photography.

But the truth is, digital photography is like a quadrillion times better than film photography.

And also currently, in the year 2025, incoming
digital photography is actually superior to film photography.

In the early days of digital ,,, digital photography sucked. But now, at this point, digital photography is far superior to any sort of film photography, and the only reason you should shoot film in today’s world is either as like a practice to appreciate the joys of photography. So the philosophical approach. Or you know, you’re trying to be some sort of like, you know, snobby fine art photographer and overcharge money for your photos. Then you shoot film.
Because honestly, the the fine art market, they’re always going to overvalue film photos over digital photos, because it’s more complicated. It’s more strange, right? So in the art, in the art world, the more complicated, abstruse, and complicated, you can make your art the better. But for us,
where we care about practical things, yeah, think about Bitcoin. So think about the iphone iphone pro versus your mom’s kodak Browning camera. I think the the thought is obvious. Okay.

How to start buying Bitcoin

Very simple. Just download the coinbase app. Buy Bitcoin.

MSTR stock

If you don’t want to actually own Bitcoin, you just want to make a ton of money, just buy microstrategy stock MSTR, and use your traditional accounts.

A new philosophy of wealth?

So the tricky thing is everyone wants to be a millionaire, but instead of gaining 1 million bucks, and keeping and retaining the million bucks and growing it to 2 million, 5 million 10 million 100 million 1,000,000,000,000 etc., What most people want to do is to spend the million dollars.

In fact, a thought was whenever you watch all these movies about the glamorous life of the Wolf of Wall Street whatever, in order to fit a 90 minute segment, there needs to be some sort of ostentatious displays of wealth, huge parties, babes, yachts, Drugs, debauchery, sex, and Lamborghini countach’s. 

Stacking those bricks!

Never stop stacking

So, saving and building $1 million of capital, just think like money and Lego bricks, capital digital capital. 

The other day I just went to legal end with Seneca, and it was great. An interesting thing that we were doing with some of the kids in the tot lot was taking these oversized Lego bricks, and just seeing how tall of a tower you could build.

And then even the kids said the goal was to keep stacking the bricks.

So the analogy is in LEGOS is that you want to keep building your Lego tower thing as tall as possible, you never want to get rid of your bricks and throw it into the trash. Also you do not want to mess up the stability of your Lego tower, as you build it ever higher, you must also conversely build it a bit wider to support the ever-growing height.

Capitalism vs consumerism

So assuming that money, every capital measure is just like a unit of money, a unit as being a single Lego brick. And I think that is essentially what consumerism is; instead of stacking your capital instead of stacking your Lego bricks, you essentially incinerate it into the trash. 

This is actually another big philosophical thing I discovered is, what’s the difference between capitalism and consumerism.

Consumerism is actually the exact opposite of capitalism.

Capitalism is about accumulating wealth. Building your capital and not spending it. Even one of my favorite Kanye quotes is:

“White people make money don’t spend it, but I’d rather buy 80 gold chains and go ignant (ignorant)”

So the pernicious thing that happens in a lot of communities, especially poor communities, is everyone takes their hard earned cash, they wasted at Vegas the strip club, on loser Louis Vuitton clothes shoes sneakers Nike sneakers, Jordans etc. 

I’ve also seen this happen with my own eyes. It happens all the time to Korean people. It happens to everybody, right?

The truck is you’re a single guy, living in a crappy apartment in K-Town with 20 other dudes, yet you drive the brand new BMW. And you’re not building any sort of generational wealth. Right?

So essentially the smart strategy is to build a capital and do not spend it. And essentially, you want to start to intelligently leverage your capital to give to your future kids or your descendants, or whatever you want to do.

Building the balls for bitcoin 

The hardest thing about Bitcoin is stomaching the volatility. Bitcoin and all the crypto assets in general tend to be much more volatile than the standard stocks in the NASDAQ 100 index, maybe besides microstrategy stock. 

Now this is an important thing; a very interesting thing I saw at the San Diego children’s science center, there was a section on electricity, and there was this transformer that yielded both high voltage energy, as well as low-voltage energy which you could turn into a lightbulb.

It was interesting you just pushed a button, and you had the two lightning rods, and you would see the high voltage energy surging through it, and it looks super dangerous and powerful. And I am very certain that in the early days of Nicola Tesla, Edison, there were probably a lot of people who accidentally touched electrical wire and died.

Now even though there is a handful of people who died from miss handling electricity, it doesn’t mean that we suddenly ban electricity or fear it. Even today, the people who climbed the high ladders, fixed electricity poles, it is still a very dangerous job. But clean silent electricity might be the best innovation or technology for humans of all time.

Bitcoin is electricity. Maybe if handled incorrectly, the high volatility the high energy the high power can kill a man. But if harnessed correctly, it could be the biggest benefit to humanity of all time.

The stoic way

So for most people who get into bitcoin for the first time, and maybe for people who have never day traded, or traded stocks or done risky stuff, stomaching the volatility the highs and lows the ups and downs is quite frightening.

 I consider myself fortunate because I’ve been exposed to trading stocks ever since I was 15 years old, and I’m 36 now. So I guess I’ve been in the game for at least 21 years.

And also, studying stoicism, Zen, Taoism, Spartan philosophy, and hardcore one rep Max powerlifting has been good to steel my nerves, and my soul. 

Practical thoughts

The first thought is never check the price of bitcoin unless you actually plan on purchasing more. And actually, if you think about it… The price of bitcoin should never really even matter if you actually have money and plan on buying some.

An interesting thought I got from Michael Saylor is that I will keep buying the top, forever.  I will continue purchasing bitcoin at $100,000, $250,000, $1 million, $10 million, and 55 million coin.  And who knows, maybe if I live long enough I could buy bitcoin at $1.1 billion of bitcoin. 

If anything, this is actually a happy thought, if I’m privileged enough to live to be 120 or whatever, maybe I could actually live to see bitcoin hit over 1 billion a bitcoin, which means that this will be the best party of all time! Or, maybe Seneca could see it in his lifetime. 

The false coins

So a lot of people ask about ethereum dogecoin shibainu etc. I think Bitcoin is the only true one.

Everything else is the false prophets. Everything else is the false coins. The immaculate conception of Bitcoin and Satoshi.

False prophets

So the difficult thing is everything that is not bitcoin, require some sort of intelligence Books person or PR team. The reason why I also got off of chain-link is that I started to realize that Sergey Nazarov was just a puppet, and Vitalik Buterin is no better — perhaps even weirder.

So the hard thing about any sort of crypto asset which is not bitcoin, is if you have a real person associated to the thing… There are too many risk factors.

For example, Jared Tate, the guy who invented Digibyte (DGB), somewhere along the line went off the rails, started to talk about all these weird conspiracy theories whatever. He may be right he might be wrong he might be partially right, but the biggest issue was once this happened, the digibyte community started to try to distance themselves from him. And obviously the price of DGB crashed — and I’m not even sure that anyone supports it anymore. I haven’t checked.

The immaculate conception of bitcoin

So you know in the Bible when they talk about mother Mary, the immaculate conception of Jesus, and the assumption, we could actually apply a metaphor to bitcoin. I actually do think it’s very critical that she gave his gift to the world, and then disappeared forever. Even actually if you did come out today, And prove that he was Satoshi, it wouldn’t actually really matter, actually in fact, we are all Satoshi. 

Is bitcoin a cult?

Of course it is! But then again, almost everything is a cult. Cult is just short for culture. When we think about weird scientologists and Tom Cruise and whatever, the only reason why the term cult got such a bad reputation is that they demand huge financial investments, and also they apparently do strange tactics to keep you inside the cult?  Even the thing that was kind of shocking to me when I heard it was that actually if you want to be part of a synagogue, you have to pay a monthly fee?

Anyways, my thought is actually, it is a good idea to invest in cults. Investing in the cult of Apple, Steve Jobs, Tesla Elon Musk, SpaceX, etc.

Hard caps matter.

If there is only one thing that makes bitcoin valuable is that it has a hard cap of 21 million bitcoins forever.

This is a big deal because Ethereum does not have a hard cap, you could actually always print more. 

Volatility is vitality

Volatility is vitality. Michael Saylor.

Essentially volatility is vitality, and the more volatile the more energy the power you have, the more vitality you have.

So once again, people think of volatility as being risk. That is actually not the case. Bitcoin is going to go up forever, but it’s going to be like an extreme roller coaster and go up down, but with extreme swings it’s extreme performance.

Volatility is not risk.

Volatility is just going up and down a lot, but essentially over a long enough time span, it’s going to go up forever.

Think the market cap, the potential full market capitalization 

Currently, Bitcoin is like a 2 trillion dollar asset class right? And this is also from Jesse Myers onceinaspecies.com.

And the reason why this is important is currently the whole world’s economy is 900 trillion dollars, right? And
what we have our eyes on is real estate. So real estate is, you know, most people don’t really just use real estate as a place to live right? Otherwise, you just rent. People use it for a long term store of value.

So, for example, if you’re a really really rich family from New York City, you own, like 10 square blocks in Manhattan, and, you know, does your descendants sell, a square block to buy himself a few Ferraris. No, that that would be a bad strategy. So the the tip I have for any single person trying to build intergenerational wealth. Keep it simple. Only one rule. You don’t sell the Bitcoin. If you face extreme poverty or financial distress, I don’t know, become an Uber driver or something. Pay the bills, but don’t sell the Bitcoin.

Bitcoin > Gold

Currently I think we’re going to see is Bitcoin is just going to take over the gold market, which is 16 trillion dollars, maybe the cars and collectible art market.

Utility or long-term store of value?

Now, a big thought is this is from Michael Saylor is that all these assets on the planet– some of half of it is to provide utility. Right? So, for example, you need you need somewhere to live right? That provides utility.

But then, again, some of it is to preserve capital right?

Homes?

So this is the tricky kind of low-key scam I think exist, we try to get suckered into buying a single-family home, or even worth a condo, because simply that is what one does, and this inaccurate rhetoric about these scumbag landlords, and that your essentially pissing away your money and your wealth because you’re paying off their mortgage, rather than building equity in yourself.

Now this might’ve been accurate like 100 years ago, or 15 years ago before bitcoin was invented.

But once again, if a huge paradigm fundamental shift happens, obviously you should not use past technologies because it is no longer pertinent.

For example, you see it today. In the year 2024, we already have the Tesla model S plaid, which will destroy any other mainstream car on the planet, even if it’s like $10 million. Yet why don’t people just go fully electric for electric vehicle sports or hyper cars? Once again people are stuck in old analogies.

There’s really no reason to own a single-family home anymore?

This past weekend, we had the privilege of doing a home exchange, and staying in this really really amazing home in the mountains overlooking the San Diego coastline, I woke up every morning enjoying my morning coffee, with a window next to me, overlooking some beautiful Torrey Pines, and also having the privilege of having the light directly enter through the window and hit my face.

And also, going to the patio, to overlook in the ocean first thing in the morning, with the light directly on me. 

It was kind of like my dream house or home, I always had this vision of having maximum natural light in the house, the living room and the kitchen, floor to ceiling windows etc. And now having experienced it, for four mornings in a row, I could say it was phenomenal, but still… Not really worth $2 million or whatever.

New strategies for wealth generation for millennials

so, I’m born in 1988, and I could probably say that I’m a millennial. Yet the tricky thing is that we’re kind of in a weird spot right now; currently there is a pressure to buy a single-family home?

I think things changed after Covid, like nobody was interested in homeownership, everyone wanted to travel to Japan and be off the grid, become a digital or a cyber nomad etc.

Everyone wants this nebulous notion of “financial independence.” What is financial independence? Bitcoin!

My simple thought about financial independence is not being held down by anything, whether that be homeownership, land ownership, condo ownership, car ownership etc. Because you become like an indentured servant a slave a sharecropper to your land. Why? If you’re going to have to pay property tax like $1500 a month, plus home insurance stuff etc. costing you maybe $2300 a month, and also a mortgage which might in total cost you about $7000 a month, this seems like slavery.

> Home ownership is the new share cropping.

Also a subtle nuance I’ve discovered, is that there is actually some sort of low-key shame about renting? No! If you have a good landlord, rent control and live in a desirable neighborhood, this is like the smartest economic leverage you can make! 

Think digital, cyber land. 

Perhaps one of my most beneficial things of studying sociology is wiping the slate clean, thinking things anew and afresh. 

In fact, the number one thing that you learn is sociology is to always challenge societal norms and assumptions; taking it back to first principles, social first principles, sociological first principles. 

There is no “should”

Once again, the ground truth for much of society is that if you want the ability happiness and smartness, you must have stability, you must own a single-family home, you must own a home or property.

But once again this ideology was invented before the internet, iPhones, and $50 android devices. And certainly before Bitcoin!

The network effect

Do you remember, in the early days of Facebook. It was only it was only university students with an “.edu” address were allowed to join. Then they opened up to everybody, and the network effect of Facebook is that if you have Facebook and I have Facebook, then Facebook instantly becomes more valuable to both of us, because I can now share my photos with you, you could tag me in your photos and vice versa.

Also if your friends friends also have Facebook, it becomes much more valuable to everyone.

The same thing goes with the iPhone and FaceTime. I used to be a diehard android guy, but now I’m all iCloud everything. It makes life so much easier, and also because I wanted to get my mom off of the stupid Kakaotalk, I got my mom an iPhone, and now our whole family has iMessage which makes like way easier.

Bitcoin is the killer app. Bitcoin is like metaphorical FaceTime for all 8 billion people on the planet. 

And so Bitcoin is going to be the same thing as more and more people are going to continue to download Coinbase or whatevs. And also my optimistic thought is, if Apple doesn’t want to become irrelevant, it’s I’m very certain the next 5 to 10 years Apple is going to have their own
Bitcoin storage thing in your icloud account. It makes sense right. They have apple pay. They have the apple wallet. Essentially Apple is the new bank. And so now, when they do like a you know, a 3 device authentication for your bitcoins through your iphone, your ipad and your macbook pro whatevers. It’s actually it might actually be one of the most safe ways to store your bitcoins.

MicroStrategy might be the most valuable company on the planet, the #1 most valuable company on the planet 

The reason why the mainstream media they doesn’t like to talk about microstrategy is that it’s still a little bit too weird and bizarre. And it’s not as buzzworthy as AI, because, okay, people like to think of this like evil Terminator AI, the idea that AI is going to take over the world.

Bitcoin doesn’t have the same doomsday view; for example you never think of bitcoin like being an android walking around, taking over the planet.

AI gets a lot more buzz, because James Cameron and the Terminator made it so cinematic.

Ponzi scheme

For so long people thought that Bitcoin was a Ponzi scheme right. No one ever thought that AI was a Ponzi scheme. So AI always catches the headlines.

But look at microstrategy, look at the best performing stock on the human unit in the human universe over 3x.

For example, people always talk about Nvidia, but micro strategies out performing Nvidia by almost 3X! down the line Nvidia is destroying Tesla. And after that, nobody is even relevant.

Cyber physics

So my practical physics-based thought is that the reason why AI Nvidia, producing computer chips, self driving cars and cybertrucks is so difficult is that you’re still stuck in the realm of physics. To build 1 million cybertrucks is difficult, and also, building 1 billion micro processing chips is also difficult. You are subjected to the laws of entropy, chaos, supply chain issues, Rare earth minerals, regulations, and physical heat loss etc.

What is so amazing about bitcoin is that because it exists in cyberspace, yet is also real, it is not really bound by the same laws of physics. There is no heat loss in a bitcoin, and also it is immortal.

For example, a cybertruck might last 100 years, a bitcoin will last 100 trillion years and beyond. 

Invest in cyber!

Politics

I used to be anti-Donald Trump, but now I’m super for Donald Trump and his whole family. Also for ERIC Trump. Who hilariously has the same name as me.

Anyways, just watched Donald Trump’s Nashville presentation he quotes Michael sailor directly, never sell your bitcoin.

Donald Trump is super super pro bitcoin.

Cyber warfare

There will be no more World War III, the only future war will be a cyber warfare, maybe like bitcoin warfare.

I am quite certain that America will lead the charge in the crypto bitcoin revolution. 

Assuming that America really wants to control the future. I think the America purchasing 6 million bitcoins is not fully out of this this planet.

The American ethos is we always want to be the best, to control everything. Wouldn’t it make sense for us to own like 25% of the bitcoin network? Ideally more?

Building personal family wealth

Everyone wants to build wealth. Everyone wants to be intelligent with their investing. It doesn’t matter if you’re a nonprofit, a charity, a church, Mother Teresa, like every single organization, will always need money. Capital. If you have an endowment, you know, for Harvard, Yale, Princeton, Stanford Brown University. Whatever even the UC’s– everyone needs money and capital.

Even for the people who seem to be the most disinterested in money, my funny irony that I’ve noticed is that the people who critique money, money rich money greedy people, they are the ones who often complain the most about their own financial distress.

Therefore, wealth will benefit everybody, it will benefit you, your enemy, your friends your family.

Don’t think about the macro

I don’t like to think too much about the macro, because I’m not an institutional investor. I just think about myself, my family, my best friends, my squad. So the goal is building personal family wealth and how to intelligently invest.

Not even god can time the market

So a lot of people talk about timing. The ideal is people don’t want to “overpay” for bitcoin, and they want to find a good time to buy.

My personal thought is it is always a good time to buy Bitcoin. At the highs the lows the mids etc. If you go to saylortracker.com, you’ll see the Michael Saylor and MicroStrategy has purchased bitcoin like over 45 times, like 45 distinct events, at the highs the lows the mids, the crashes the highs etc. 

For myself too, whenever I gain any access to money or capital, I immediately purchase more bitcoins, irregardless of the price. If anything I am more opportunistic when I see the price dip a bit, this is when I get greedy in a virtuous way. 

So recently I bought some more Bitcoin at $100,000. Right then it dipped down to 90,000 to 88,000 hit 103,000 again, and so I’m pretty sure that in 10-20 years I’m going to be buying Bitcoin at 1 million, a Bitcoin, 10 million dollars a Bitcoin, 55 million dollars a Bitcoin, whatever is right, and because if you do the simple math, just think at least 4 years ahead, right?

$1.2 million a bitcoin in 4 years 

So if I could tell you with 100% certainty that Bitcoin is going to be $1.2 million a Bitcoin in 4 years, as long as you’re buying it for less than a million dollars a coin you’re getting a good deal! You’re going to be in the green like it’s it’s kind of a a good bet, right?

No need to “maximize o your gains

Good greed vs bad greed?

And actually, also, ironically, my personal thought is
chasing gains is a good thing, but also it’s it’s a good idea to not get “greedy” in the sense of maximizing your gains.

So for example, what’s the difference between getting a 38% yield and a 32% yield? The difference is nominal.

Don’t worry so much about maximization, because even a lot of what I thought my trades were bad 2 years ago ended up being right.

So as investors, we have to think at least 4, 10, 20, 40, 50 years ahead of us. So don’t worry so much about the the short term performance.

The ERIC KIM BLEND

There’s a lots of different blends.

First you could just put 100% of your capital directly in bitcoin, just using Coinbase or whatever.

Another strategy is just putting 100% of your money into microstrategy stock directly. 

My personal suggestion is put 80% of your wealth into Bitcoin and 20% of your wealth into microstrategy MSTR stock.

The reason why I think this is a good split and a good ratio is that technically bitcoin is a lot safer than microstrategy. But, it is good to leverage the nuclear reactor of microstrategy, and not only that, I love Michael Saylor! He is the only living man on the planet besides my friends and family that I love; because he has made me richer than I could have ever possibly have imagined, has brought happiness joy peace and prosperity to my family, to my relationship with Cindy, and also for the bright future of our family and Seneca.

The math 

So whatever allotment you decide to put into bitcoin versus microstrategy, let us just focus on the microstrategy stock. 
To keep number simple let us say that I have $150,000 worth of microstrategy MSTR stock. And let us say that micro strategy climbs to around to be worth $200,000. Well then do is sell about $50,000 worth of the stock, transfer that to my bank account, and then purchase bitcoins worth $50,000 using my Coinbase account which is linked to my checking account.

I call this double profits. 

Expenses

Let us say that you are like a single millennial who wants to live off the grid, ideally you would just live somewhere that is super super cheap, like Cambodia Thailand Vietnam Laos, somewhere in Southeast Asia. Ideally you would not spend much for your living expenses.

Let us say that you relocate to Vietnam and your entire expenses including your rent utilities eating out food coffee etc. is like $1000 a month.

But then you do is at the every month when your bills are due, you just sell about $1000 worth of microstrategy stock, pay your bills and keep the rest!

To me this is like the smartest idea of all time because in theory, you will never run out of money!

This could also work if you live in the states, but once again friends, let us keep our living expenses to the bare minimum. I encourage everyone to rent. Why? Renting will always be cheaper than owning a single-family home or a condo, and you could just use all of the excess money to buy more bitcoins!

What’s the difference between being an investor, a trader vs speculator?

I believe that the desired identity is to be an investor. We want to think about 10, 20, 30 40-50 years ahead of us.

A trader (or even worse,a day trader) is a bunch of these, like 20 year old high testosterone degenerates, you know, single, you know, maybe addicted drugs, or whatever right, who just want to like look cool. I made a billion dollars in a month by using all these complicated statistical models. Blah! Blah! Right? But you don’t want to be a trader or a day trader. You don’t want to be a trader because essentially nobody could time the market. Not even God could time the market.

Speculators are even worse?

What a speculator is people who invest in meme coins. So a meme coin is like buying a Dogecoin or shiba Inu, that the reason why these are not you should not do this is that it is extremely dangerous. You’re going to lose all your money, and it requires a charismatic leader to support it.

So Dogecoin, right? Dogecoin is essentially elon musk coin.
If one day Elon musk tweets. Ha! Ha! Doge was just a joke all along, right. It’s not worth anything. The value of it will plummet to 0, or if once again, Elon dies in a a robo taxi the The value of dogecoin is going to go to 0, whereas if Elon Musk dies, you know Bitcoin is going to still keep going up forever.

We’re investors.

Nobody brags about how many US dollars they have in their checking account


Somebody asked about monetary inflation. There’s this thing called the M2 monetary supply — the rate of monetary inflation and dollar printing.

You’re going to have to exceed at least 13% to 15% to
not lose money. So, for example, let us say, you have a billion dollars of US dollars in your checking account. You’re going to be bled to death. So in a year, your 1 billion dollars is going to shrink to 750 million down to 500 million, to 350 million. And essentially, you’re going to get a point where your money is worthless.

And already we see this right now. So currently, the price of real estate, single family homes is exploding. But this is my critical view– how much of that is that the value of a single family house is higher versus our US. Dollars are just simply worthless or being worth less?

So let us say that the minimum wage goes from $15 an hour to $20 an hour overnight for a Mcdonald’s worker. You instantly see 25% inflation. So your $1 million dollars in the bank is now worth only $750,000.

The real real rich people store less than 1% of their wealth in Us. Dollars in their checking account. You’re not gonna have Jeff Bezos bragging to other people that he has $10 billion dollars of US dollars in his checking account. No, it’s it’s all going to be in you know, stocks, or, you know, real estate. And actually, ideally, Bitcoin. Cyber cyber capital.

Now what?

Follow @saylor, Michael Saylor on TwitterX, Michael.com, watch all of the Michael Saylor interviews in reverse (most recent, then trending backwards). I feel like from listening to Michael Saylor alone I got like a double PhD in physics and monetary theory.

Ultimately the path forward is to just keep buying more bitcoins, and never selling it.

I also then encourage you to think more critically about like life in the backwards; if you’re already worth $100 million, or $1 billion, then what? How do you want to live your life? What do you want to do, what don’t you want to do? This is the next step forward!

ERIC

---

So the Bitcoin revolution, the revolution will be televised. So, starting off.

First, what is Bitcoin? Why does it matter?

So I think the 1st important critical thing is trying to consider and think you know what is Bitcoin we’ve all heard about in the news we heard about Bitcoin as being a Ponzi scheme, a pyramid scheme. And honestly, my mom has gone through her fair share of Ponzi schemes like she she got suckered by the whole Amway scam.

I think the reason why Bitcoin is so important and critical is, Bitcoin is like the early days of the Internet. So if you go into a time machine and you could tell somebody in the past, okay, you know, in the days before email existed. Right? So okay, once one day, you know, everyone’s gonna have a supercomputer in their pocket. They’re using it to check all their bank statements. You’re going to be able to use your camera on your phone to scan your you know your checks, your bank account balances. You can use this to send money and messages and videos to everyone on the planet. Instantly everyone would have thought you were crazy.
and I think one of the biggest misconceptions about Bitcoin.

So a constructive way of thinking about bitcoin is trying to figure out what bitcoin is not.

My personal opinion is, I do not think that Bitcoin is actually cryptocurrency. I think currency is the Us. Dollar, and I think one of the biggest problems about the whole field of crypto and cryptocurrency is everyone is like a crypto anarchist, which means that they want to see the Us. Government and all the governments on the planet fail, and they can essentially live in peace and silent without interference from the Government.

Yet, you know, obviously, at the end of the day, it’s nice to have public streets. It’s nice to not get robbed in the streets. And actually, I think one of the biggest misconceptions about Bitcoin is. People think that Bitcoin is trying to replace the Us. Dollar.

But my personal thought is, Bitcoin is going to be a supplement to the Us. Dollar.

Essentially, I thought this a long time ago that essentially Bitcoin is digital gold to hedge against inflation, which means, as our money, our Us. Dollars, or our euros, or our local currencies become devalued.

The upside is, our Bitcoin will become more valuable. I think the best analogy that I got was from chairman of microstrategy mstr Michael saylor, essentially thinking that Bitcoin is is not digital currency, but digital
real estate.

So I think this analogy is better, because nobody’s on their zillow, you know, 20 times a day, checking their home prices right? And this is my mad Max Post Apocalyptic perspective. So imagine the future where there’s, you know, essentially
there’s this like nuclear fallout. And you know.
there’s no inhabitable places anywhere. And let us say, there’s only 21 million single family homes left on the planet for anybody to live. Obviously, sooner or later, you know, people are going to want somewhere to live. And so I think the best analogy, I think, is Bitcoin as digital real estate, which means that with digital real estate.

Monetizing Bitcoin?

You know, a lot of people are like– I want to quickly make money off of Bitcoin. But how do I make money off of it? It’s kind of like the early days of real estate. So if you bought Manhattan in the 1600s, you know, how do you monetize it? And I still think that we’re in the very, very early days of bitcoin and institutional adoption, which means you’re going to start to see New Bitcoin products come out. So some simple thoughts. So we’ve all heard stories of Scumbag San Francisco based scumbag landlords, you know, charging an arm and a leg for their tenants, and we all hate the landlords, I think with Bitcoin we’ll become the new digital landlords, which means effectively, we will in the future be able to like rent out our Bitcoin. And you know, let’s say we have one bitcoin right, and it’s and then I think that the personal math I like to do in my head is thinking that one Bitcoin is equivalent to one single family home. So I currently live in Los Angeles, in Culver City. It’s kind of insane. A single family home. I’ve even seen some in my neighborhood for 4.4 million dollars. The average Median household single family home is around 1.7 million dollars.

So in my personal mind, where I think Bitcoin is a trillion times more valuable than physical real estate land, because you could always make more of it. It’s not a real scarcity.

A single family home, and the price of a Bitcoin should be pegged to another.

So in my mind I still think of a Bitcoin at least 1.1
1.7 2.1, maybe even 4.4 million dollars a coin. And I think this is a very very fascinating idea, because also, you know, people say, Oh, but Bitcoin is not real. Money is yeah, but like our dead, shiny rocks. Aka. Gold money either, or is fiat currency, you know pieces of paper. You cannot eat pieces of paper to to live. And I think one of the most interesting things I learned about the philosophy of money is that essentially all money is just existing in the minds and souls of men, the value for men, is all essentially subjective.

Money is not “real”, but subjective.

Now, what makes Bitcoin so fascinating to me is that it’s the 1st time in human existence, you had a hard cap supply of money.

So, for example, people often talk about gold, right? So the issue with gold is at the time it was the least bad form of money, because it was very, very scarce. It was difficult to find. It’s difficult to mine and transport. Yet there was lots of good properties of gold. It’s, you know, essentially it kind of lasts forever. Aesthetically, it looks beautiful, the nice yellow color of gold mimics that of the sun, and you know, at least back in the day, let’s say you had gold coins it could easily fit in your front pocket whatevers.

But now things become a lot more difficult because we’re living in the 21st century, the 22nd century you know, we would have flying car drone robo taxi, self driving car waymos. It’s like, Why are we still using an antiquated digital framework of modern day banking swift code accounts?

I hate the banks

If you’ve ever tried to send money, you know, from the Netherlands to South Korea, to Nigeria, to Lagos whatever you find that the the whole SWIFT system is kind of like a bunch of gangster mafiosas like even my mom is currently living in South Korea.

Example if I want to just send my mom a small sum of money, it is insane,  it takes like three or four days, and the wire transfer fees like 55 bucks, I hate this. This should be done instantly. Therefore the thought of bitcoin, being able to quickly and effectively and securely transfer value across time and space without a trusted intermediary is a big big deal, a big big revolution.

Peer to Peer Capital

So why does Bitcoin matter? It’s kind of like asking somebody why does clean water matter so one of the things I love about Michael Saylor, and I highly recommend watching all of his videos. @wsaylor. It’s essentially Twitter or X or michael.com.

He uses this analogy of sewer water. So let us say, every all 8 billion people on the planet are all drinking sewer water, and people are dying of dysentery, and people are saying, I don’t get it, you know I exercise, you know. I
you know I eat healthy exercise every day, but I’m still dying of dysentery. My kids are dying of dysentery, and so the whole issue is that if you’re drinking sewer water, no matter how healthy your lifestyle is, how virtuous you is. It don’t matter. You’re going to be, you know, dying of dysentery, or perpetually sick.

And so, if we think about these physiological terms, and apply it to Bitcoin and money and digital capital. This becomes really fascinating because my personal thought and you know, also, I grew up in a family of poverty, poverty, meaning that I thought I was going to be homeless at least 2 or 3 times. My dad was perpetually addicted to gambling with the rent money.

So what a lot of people don’t understand about growing up in poverty, and prosody is that the logical strategy that you never know when your dad is going to steal your money and gamble it away, and therefore the smart strategy is actually to spend it all right now! Because you never know when he’s going to look in your piggy bank, your personal checking account that your mom put away for your college, or even take your hard earned $3000 as a 15-year-old bus boy at your mom sushi restaurant, lying that you’re going to invest in some business, leaving to LA for about a month, gambling it away, and coming back empty.

When I think about it, this is actually super sad. Once again when I was like super super young like two years old, my mom tried to make me a savings account, like one of those checking or savings investing accounts for kids, and she might’ve had a nominal amount of money in it, like 200 or 250 bucks or something. And she told me the sad news is that one day when she checked up on it she discovered that the money was gone. Essentially my dad even stole away that $250 from my child savings account for college, once again feed his gambling addiction.

The logic 

So once again, as a kid growing up, I never had this ethos or tactic of saving. Because we literally cannot come every dime that my mom made was fun into paying for groceries and rent.

Therefore I like a 15-year-old kid, my thought was I’m going to take every single penny, I can immediately go out buying some new sneakers, you know, buy some cool clothes, and I literally had $0 in my bank account.

Don’t blame poor people

So I think the pernicious, vicious cycle of inflation is.

You cannot blame people for not saving up capital for their future if the money itself is deflating at such a rapid pace, and so I personally think that you know Bitcoin is like giving every single person on the planet like unlimited free Fiji water, or the best alkaline hipster water whatever water you want. Essentially giving people clean water. And
a lot of people say, Yeah, but Bitcoin is not real money. It’s a okay. So I think this is a big this is a big shift for me also, personally.

My personal thought is, Bitcoin is actually more important than money.

Capital > Money

So we should not think about money. We should think about capital. I think capital is a lot more robust and strong as a concept. So, for example, capital comes from Cap CAP. Like upon your head. K-ap. Essentially it came from the head of oxen. So if you read the Iliad, the Odyssey essentially, every time you want to appease the gods, you have to sacrifice a hectacomb, Hecta means 100 a hundred head of oxen to appease the gods.

And you know, obviously, that’s very expensive, like, can you imagine, if you know you sacrificed a hundred Lamborghinis to appease the gods, it would be quite expensive endeavor. Right?

And so, capital. We all live under Capitalism — it doesn’t matter if you’re living in Europe, Africa, Asia, America, China, and also one thing that people don’t understand is, I think, what a lot of these people, maybe 4 or 5 years ago, China is going to take over. China’s not going to take over. China is dependent on America, and effectively, the Chinese Yuan the CNY is essentially effectively pegged to the Us. Dollar and the Us. The US is essentially the world. Reserve currency and capital is what we seek, not money.

Currency?

Talking about currency, so currency is like, you know, buying a Starbucks Frappuccino, or buying a in and out Burger. Right? That’s like money currency, right?

Capital is essentially long storm, long term, store of value. So it’s building generational wealth.

So one of my favorite songs from Kanye West is the off the grid songs that we off the grid grid grid this for my kid, kids, for when my kids, kids have kids.

And I think this is also the big thing is a lot of millennials, nowadays, I think the disincentive to have kids is because there’s so much fear mongering about the the future is gonna become uninhabitable, you know boil the seas or whatever. So there’s not going to be a future. So essentially, there’s a strong sense of pessimism.

But Bitcoin, to me is like solidified optimism, which means that the future is going to be glorious and great. And you know, even having Seneca right now, think about his future kids, kids, kids, or my future kids, kids, kids.
It brings me so much joy. Because the simple strategy, you just keep stacking Bitcoin until you die, and then you hand it on to your kids. Your kids give it to their kids kids. It’s like, if you owned, you know, a hundred penthouses or 10 square blocks or 20 square blocks in Manhattan, on the main island. Do you ever sell that to buy a Lamborghini? No! That’s not what one does, or liquefy it all into us dollars and brag about how many billions of dollars you have in your bank account.

Nope, that’s not the goal– you want to build capital. And traditionally it’s been real estate. But once again, real estate was a good idea. In the 16 hundreds, 17 hundreds, 18 hundreds, 19 hundreds, or 2000s. But then the subprime mortgage meltdown proved that, you know maybe it’s not always the best idea.

Real estate can go down.

Only one reason

And I think the hard thing is, people say, Yeah, but you know, real estate, you know, essentially, everyone needs somewhere to live, and it’s historically, the value of real estate is always going to go up forever. Now people say that the tricky thing is the pace of monetary inflation is around 15%. The best thing is to either chat Gpt or Google The M2 Money Supply. And essentially what you will find is
that the money supply is essentially a metric in which the Us. Government, or any other government on the planet, includes the euro and stuff. They keep printing more currency. And the reason why then this becomes an issue is that if you have more currency in the system that means the individual value of each unit is going to go down.

The shake shack effect

I call this the shake Shack Burger incident. So me and Seneca we used to always buy a single burger, patty, for $1.49, $1.50 … and one day we come and they say no it is $2.50, a party.

Why this makes no sense is like, yeah, we just increased the minimum wage to $20 an hour from $15 an hour. $20 an hour for fast food, and the hard thing is with minimum wage. You cannot rewind the the hands of time. If you suddenly said that the minimum wage is only $17 an hour, there will be riots. The streets would not be not be good.

Bitcoin is digital photography

So we’re all photographers, you know, street photographers, whatever. And the hard thing with digital is in our minds, digital is infinite and free. So, for example, I could take a copy of Mozart’s 5th Symphony, or whatever, as an mp3, file, and I could copy and distribute it a trillion times with 0 marginal cost right?

So this is where the notion of cyber becomes more interesting. And I’ll think about like, you know, cyber punk thinking about cyber truck.

It’s essentially once again, mathematically, cryptographically, that the hard science and the hard math is there can never be more than 21 million coins
in existence come up forever. Even if you took all the quantum ultra computers on the planet, times it by 20, you still could not produce more bitcoins. It’s just how it works right?

The immortal gold cyber oxen

One Bitcoin is like one cyber-ox, and it’s immortable, immortal, indestructible. It’ll give you life forever. And there’s only gonna be 21 million of them in the future. And now and so this is your chance to get one for an extreme discount.

Buying a single-family home in Los Angeles for only $100,000 

Let’s even say let’s say you want to buy a single family home. Let’s say it costs a million euros or whatever. Right? So if I could tell you today that you could buy a single family home for only $100,000 or €100,000 you’d be like, wow, that’s that’s the deal of a century. That’s you’re still getting a 90% discount.

And my personal thought is Bitcoin is far more valuable than real estate, because in the next 20-30 years, when essentially all the all the baby boomers, The Gen. Xers die off, and it’s the millennials and Gen. Z’s. And, alphas!

What do we care for?

When we millennials take over, what’s interesting is that we don’t really care about physical real estate anymore. We will care about digital cyber real estate which is bitcoin. 

So my personal story, how did I get into Bitcoin? So it might seem a little bit random. It’s like, Okay, ERIC, you’re super famous for photography, street photography like, how do you get to Bitcoin like? It’s like, so random, right? But actually, it’s not very random at all, because, you know, if you’ve been following me carefully, you know the whole time, I’ve always been talking about living minimalistically, frugally, Spartan lifestyle, whatever’s. And you know now that you know I’m pretty stacked with a bitcoin and microstrategy stock mstr.

Funny enough, I’ve personally found that my lifestyle habits haven’t changed much after getting super rich, I mean, I’m a little bit more generous, maybe, like, you know, took out a friend last night to all you eat Korean barbecue
paid for her bill didn’t really even flinch.

Even a random aside, my best friend and my best man Justin, told me this when we were like in our early 20s, when we finally got good paying jobs whatever, is that the greatest joy is being able to eat out and not really feel the pain associated with having to eat out because we both grew up poor. 

I still remember even when I was undergraduate at UCLA, after our KYRIE club meeting, we would all go out to eat, and then I would see all the other guys ordering these really expensive $15 Korean barbecue gogi plates, (this was in 2006, when you could still buy a foot-long sub sandwich for five bucks), and $1.99 tacos, and $1 tacos, and me trying to save money, would force myself not to eat even though I was hungry, and my friends would ask me if I was hungry and I would lie, and say I wasn’t, while my stomach was still grumbling. 

Monetary, financial freedom is the goal

So my personal thought with Bitcoin is, I personally wanted monetary freedom, and so long story short, so I’ll never forget this moment. So I’m born 1988. Went to UCLA as an undergrad — my roommate at the time, Kevin. It’s our junior he’s on Reddit, and I’ll never forget we’re in our studio apartment. I think I was distracted. I was doing something else. He was like Eric, you know. He’s on some subreddit, and he’s like.

“Oh, Eric, this thing called Bitcoin, and there’s this one dude who just bought two domino’s pizzas for like 10,000 bitcoins. We should just get like a hundred bucks worth of bitcoin, and just see what happens.”

I then responded “Eh, seems like a scam” and disregarded it. No this is one bitcoin was like less than a penny, so even if me and Kevin and my roommate Kevin, just bought a hundred bitcoins at the time for funsies, right? And I had a hundred bucks right? We would each be worth at least 1.2 billion dollars.

If I had bought $100 worth of bitcoin at the time, once again we would each have about $1.2 billion in our checking accounts.

Everything happens as it should have happened 

Today, I’m like, man. This was like the worst mistake of my life, right? But everything has happened as it should have happened. You know. Maybe if I had become a billionaire I’d just become some degenerate, you know. Cocaine addict on some beach somewhere in in Hawaii, and then Seneca would never been born. I would have never done my photography, world travels, whatevers.

Then my reintroduction to Bitcoin was kind of more recently when moving to LA. The cost of living is so expensive, and you know every I don’t know a single person who doesn’t want financial freedom. A long story short, I 1st heard about Bitcoin again, kind of earlier than when I was living in Vietnam around 2017, 2018, and at the time I didn’t really need Bitcoin, because our living expenses were so cheap. It was $320 bucks a month for a brand new studio apartment, fully furnished up, uplighting and the jazz right? And even at the time, passively, the income we’re making. Let’s say it’s a $1000- $2,000 a month. Let’s say it’s not even that much right, but like our whole total expenses, living expenses like maybe $600-700 a month, so I had the epiphany I’m like, I’m never going to run out of money. So already, at the age of 26 in my mind, I mentally retired right
and just more for funsies.

Buying bitcoin for $6,999 a Bitcoin

I met this guy named Bing in Singapore. Heard about this thing called Digibyte. Dgb, I don’t even think they’re around anymore. But at the time I’m like, Okay, I want to buy some bitcoins, buy some digibyte. How do I do this? And at the time Coinbase seemed like the best option, because it was the simplest, most minimalist to me it looked like the paypal for for Bitcoin and cryptocurrency.

For fun I bought about $25,000 worth of bitcoin, which, and Bitcoin was only about $7,000, $6,999 a bitcoin. So that was around 3.5 bitcoins. 

I then traded some bitcoin for digibyte, and I kept some bitcoin in my Coinbase account. Then the next few years I essentially saw the waves and the crashes and the dogecoins and stuff like that.

And essentially, I just kind of woke up to my guts and found out that Bitcoin was a real deal.

Satoshi is the Bitcoin Jesus

Some strange analogies is to me Bitcoin is almost like a new
World economic religion, I mean, people who follow Bitcoin are like fanatic. They’re zealous about it. They follow Michael Saylor like he’s like you know the prophet. You know the next prophet of Bitcoin right?

And it’s always good to invest in religions or to invest in cults like the cult of Tesla, Elon Musk apple, Steve Jobs. Whatevs, right?

Why?

Now obviously, I have financial independence now, and the only reason I’m teaching this workshop or sharing this information is, I almost feel like it’s my ethical imperative. Once again, if you could have discovered internet in the early days, or clean drinking water, I would feel that it would almost be a disservice if I did not share this information with others.

Future value

So everyone’s always about like, okay, so what is the Bitcoin gonna be worth? So there’s the open source model. Michael Saylor, I think, helped create it. It’s called the Bitcoin 21 model, I think. Right?

So 21 years from now his base case is that Bitcoin is going to be $13 million a Bitcoin. Bear case, $3 million a Bitcoin. The bull case is $49 million a Bitcoin, and note, this was in 2024 in July before Trump was announced as President, and he is ultra super pro crypto and bitcoin and also worth following, is his son Eric Trump, ironically. His name is also Eric also the funny thing. There’s a bunch of Eric’s actually in the world of Bitcoin, Eric Kim Eric Semler, of semler scientific, this other Etf guy who works for Bloomberg. His name is Eric Balconus, or something like that.

Follow Eric Trump

Essentially, we have an all Republican trump, pro bitcoin pro crypto, President and cabinet, whatever right?

More bullish

What is really fascinating about Michael Saylor’s predictions for the future price of bitcoin is that when it was only $65,000 a bitcoin, and we were a bit uncertain about what the future of bitcoin and the president and the government would look like.

The last four years, we were all fighting an uphill battle, because the former administration was adamantly anti-crypto and anti-bitcoin. Gary Gensler who seems like a smart guy, was for some reason really anti-bitcoin and crypto? 

The next four years will be glorious!

And so these were all written by Michael Saylor’s predictions before we had the most pro bitcoin
government of all time. So all these numbers, I think, should be inflated. So my personal thought is, I think, for the next 4 years once Trump takes office, January 20, 2025. I think this will be the craziest, best Bitcoin Bull Run of all time the next 4 years. So currently, Bitcoin’s been going up around 60% to 62% arr annual rate of return. And I think once Trump takes office, and I’m pretty sure he’s gonna buy the 1 million Bitcoins, or whatever for the strategic American Reserve.

And also I think Eric Trump, his son, is committed to having Bitcoin be at least a million in Bitcoin.

120% Bitcoin ARR for the next 4 years

So let’s see. So my personal prediction, right? So I think Bitcoin will grow by at least 120% arr over the next 4 years. So let’s say, Bitcoin is worth around $100,000 right now. So by next year, let’s say it’s $250,000 the year after that, let’s say it’s $750,000, let’s say the year after that it’s like $1.2 million. So I think we’re on track to hit a million a bitcoin in 4 years about 10x gain. So just do the math from then.

The $1 million dollar cybertruck

Currently as an account measure, I now equate one bitcoin being worth one cyber truck, assuming that a cyber truck is currently around $100,000.

So the smart strategy is to take your hundred thousand dollars and invest it into bitcoin today, and you’ll see that becoming $1 million in four years. 

What that means is sell your cyber truck for $100,000, buy bitcoin, otherwise you have just done spent $1 million on your cyber loser truck.

Cyber warfare 

Now, people are always asking, okay, this, you know, Bitcoin reserve strategy, you know, like, how is? And why is America going to buy the Bitcoins? Right? So we’re essentially out of physical land and real estate. Now we have to go to cyberspace right?

And it seems kind of silly, like something out of a sci-fi film. But the truth is, they’re currently the war we’re having with China and Russia. It’s it’s not physical war per se. It’s actually cyber war. So cyber security is the big big money maker. Even cyber penetration testing. Right? I think Gmail is trying to get like all these malicious actors trying to attack the Gmail servers like a million times a minute. Something crazy, right?

And if you look at the history of America, right? So, Manhattan, 1600s, the price of Manhattan. It was essentially stolen from the natives. Right? 60 guilders, right Louisiana purchase, you know, to fund Napoleon, California. Also kind of stolen from the the local Mexicans right? And also Alaska right. The the payoff was great, right, and so essentially the Bitcoin Act, the Cynthia Lummis Bill, she’s trying to get the States to buy at least a million bitcoins right? And you know even a Michael Saylor is much more aggressive. He’s like no America should at least purchase maybe 5 or 6 million bitcoins, which is 20 to 25% of the whole Bitcoin supply. And all America has to do is a free trade. They just need to sell their gold and then buy Bitcoin. And in a recent interview that I was listening from Saylor.
super fascinating, is like
essentially what he said was the super evil genius strategy of selling America, selling her gold reserves and buying Bitcoin is that if that’s the case, comma.
we demonetize our enemies.
you know, capital reserves. So then suddenly, the the gold of the Russians, the Chinese, will go to 0, and then everyone’s going to rush into Bitcoin. And if America owns Bitcoin, it’s a good sign for the future. And also another big thing I want to talk about. Why does America have the best economy on the planet.
So we essentially gave birth to Apple Amazon, Facebook, the magnificent 7 stocks, Netflix. And you know, people talk about China. It’s like. Okay, I don’t know a single rich mainland Chinese oligarch who doesn’t want to send their kids to the States to
to Harvard or Yale or Princeton, you know, buy a nice house in Palo Alto, the Bay area, or even Vancouver. No rich mainland Chinese person actually wants to be in China, but because of capital controls, they’re kind of stuck. So once there’s going to be a mad rush to Bitcoin. That means that you, your family, your whole squad, is going to prosper now.
you know, issues. My, my friend Dante had a question about storage. So
I think the hard thing with storage is okay. So how do you say this?
I, my, this is my personal philosophy. The reason I do not personally trust cold storage for myself or more of these self custody options is that
I know that I am very forgetful, and my biggest fear is, let’s say, I forget my passcode, or whatever is right to the Bitcoins. And or let’s say, my kids, kids can forget it right? Then boom like, you’re gonna be out like a hundred 1 million dollars. Right? So that’s that’s not fun, right? And so personally, I think the easiest is to just, you know, store it on the cloud. So, using a trusted custodian, whether it be coinbase. I think fidelity has their own services now.
And the you know honestly, it seems like Coinbase is probably the best option coinbase.com, or you just download your iphone ipad. Whatever right is that you could also get a link with your biometric apple id data, whether it be face id or thumbprint. Whatevs right? So this way, it just feels much more secure. So
for me, I would prefer an 80 to 85% optimal thing that is kind of dummy proof rather than take the 100 secure option which, because of user error, I might fail, and something that I personally learned is
in terms of technology. And all these things in between
seeking the simplest, most straightforward option
that is least complicated is often the best solution. And the reason I would be very, very wary of a lot of these people promoting, you know, buying their hardware wallets. Whatever’s right, everyone has a buck to make. Everyone has a bitcoin to make. Everyone wants to make a few satoshis here and there.
and so they’re trying to fear monger use. Oh, you’re gonna you know, Coinbase going to get hacked. And I’m like, no, I don’t think it is. It’s like, you know, back. It’s like essentially a Us. Government, you know, it’s essentially it’s traded on the the You know the Stock Exchange. It’s a American based company. I would. I would not trust anything outside of the States.
But yeah, I would say, choose now, obviously, if you’re super, you know.
quant genius, autistic genius, then do all the cold storage stuff. But if in doubt, just the simplest thing is, coinbase seems to be the best. Okay, so this is kind of my free money hack. So I call this microstrategy, strategy, mstr microstrategy versus bitcoin. And okay, so it’s very, very simple. So this becomes a philosophical debate. To say it short.
I think the ultimate goal is to own Bitcoin, he or she, or the entities with the owners of the most Bitcoin shall win. And so for me, philosophically, you know, let us say that you could own, you know, 20 bitcoins, or you could own 2 million dollars worth of micro strategy. Mstr. Stock. Right?
1020, 30 years from now, right?
You’re going to actually outperform. You’re actually going to make more money from microstrategy stock than Bitcoin. So Bitcoin, historically, has been 60% to 62% AR annual rate of return micro strategies is almost double that 120 to 1, 25 AR. So if you actually want to maximize your returns. You just buy microstrategy stock mstr and bitcoin. Right? But the issues is, you know. Let us say that Michael Saylor gets shot. He gets killed. He
you know, dies in a Cybertruck, whatever. Right? Then, it’s probably not going to be the world’s best future for microstrategy. So it’s actually much more risky. So if you want the least risky option, it’s just put all your money into Bitcoin right? And some millennial living strategies. Right? So the the simplest strategy I have. I call it the Spartan strategy. This is why I personally follow. Is you essentially try to live as minimally and frugally and sparse as you can, and just put literally 90% of your income into bitcoins right?
And a free money hack I discovered. So, for example, let’s say you have $150,000 or €150,000. Right? And you know I’m not 100 sure how it works. If you’re a European. What is right. But you, you buy micro strategy stocks. So let’s say you buy, you know, 100,000 or $150,000 worth of it right? And Mstr, and you use fidelity, or robinhood, or whatever trading app you have. Right.
And the strategy is simple. It’s whenever you know. Let us say the base case 150,000.
Let’s say your microstrategy stock value then goes up to 200,000. Right?
You sell $50,000 worth of it, and then you just transfer that to your bank account.
and then your bank account is linked with your coinbase account. Then you just buy the Bitcoin right and rinse and repeat so very, very impressive over the last 3 months, I started with initial seed capital of around $150,000 in microstrategy stock
off of that $150,000 right? And I haven’t even touched my principal. I yielded $242,000
off of that initial 150,000 right? And also for traditional Roth, Roth, Ira retirement accounts. I put everything into microstrategy stock, and it is already like 3 x like, for example.
My roth, Ira, just kind of randomly was like what $78,000, and then the course of 3 months. It’s like now, it’s like 230,000. It peaked at around 300,000. So it’s going to be a good future. And so the the very simple strategy. So let us say you’re able to get down your living expenses to let’s say
you know, 5,000 bucks a month or €5,000 a month. Right?
the point isn’t to just make a bunch of money and just go out and buy the Lambo. The the goal is actually to continue to live for good. If anything live more fully. People who says like, Oh, you know, you want to get rich, don’t care about money or whatever. If you’re a real real greedy, you know money, loving person. Actually, the optimal strategy is.
you live, you know. You continue driving your old Toyota Prius, and just pour all of your money in Bitcoin, because really the truth is and this is my philosophical thought is, there’s almost nothing worth on the planet purchasing.
Besides, Bitcoin is my philosophical thought. So and also some e even more super smart economic leverage. Right?
So instead of paying an arm and a leg for rent in La or New York. Brooklyn, you just move to like Southeast Asia. Right you go. Move to Southeast Asia, live like a king, for like 300 500 bucks a month. Right? You just put all your money to Bitcoins right? So even if you had a modest savings, right, let’s say you had like $200,000, and you had microstrategy stock.
let’s say every month of the month is rent is due, and the expenses are due right? You just sell a small portion of that stock, and it’s going to go up. So my thought on the next 4 years, micro strategy, assuming it’s around 2 x Bitcoin. I think Bitcoin is going to go up 120% error. I think micro strategy is going to double that 240% error. So just do the masses. At the end of every single month
you make a small. Your gains go up like crazy right, and let’s say your living expenses are like under a thousand bucks, or if you, if you live in the States, 5,000 bucks, you sell X amount of monies to just support your living expenses, and you just continue to ride your gains. But ultimately my personal thought is whatever excess, money and capital you have just put it onto Bitcoin. So the micro strategy then ends up becoming the engine or the turbocharger or the cash cow. You milk it, and you shave the cream off the top, and then you buy Bitcoin with it.
So I think the reason why to me Bitcoin is such a fascinating thing, and very exciting, is essentially Bitcoin is digital photography. Peter Diamandis, the ex guy. Right? You know, he talks a lot about kodak film. You know the iphone and disruption.
So actually, intuitively, as photographers and digital photographers, we should actually understand. You know, this disruptive power about digital photography. So obviously, you have the hipsters with their mustaches and their flannels, you know, talking about the virtues of film photography.
But the truth is, digital photography is like a quadrillion times better.
And also currently, in the year 2025, incoming
digital photography is actually superior to film photography. I mean.
maybe in the early days of digital sucked right. But now, at this point, digital photography is far superior to any sort of film photography, and the only reason you should film in today’s world
is either as like a practice to appreciate the joys of photography. So the philosophical approach.
or you know, you’re trying to be some sort of like, you know, snoppy fine art photographer and overcharge money for your photos. Then you shoot film.
because honestly, the the fine art market, they’re always going to overvalue film photos over digital photos, because it’s more complicated. It’s more strange, right? So in the art, in the art world, the more complicated, abstruse, and complicated, you can make your art the better. But for us.
where you care about practical things, yeah, think about Bitcoin. So think about the iphone iphone pro versus your mom’s kodak Browning camera. I think the the thought is obvious. Okay.
so how to start buying Bitcoin. Very simple. Just download the coinbase app, or you know if you if you don’t want to actually own Bitcoin, you just want to make a ton of money, just buy micro strategy stock Mstr, and use your traditional
accounts. And I still think that this is the biggest thing is that everyone wants to become a millionaire, right?
But you know what I think people want to do is
they don’t want to earn like, okay, okay.
people want to spend a million dollars.
They don’t want to actually save and build a million dollars right? And so if you think about, you know, money and
capital digital capital, I think about like Lego bricks, right? I just went to Legoland. Senecall is great. So let us say that
each bitcoin, or dollar or 1 million dollars like these. Let’s say these are Lego bricks right? The goal is, you want to build your Lego Tower brick thing as tall as possible. You don’t ever want to
get rid of your bricks and throw into the trash. That’s essentially what consumerism is. And this is actually another big philosophical thing I discovered is, what’s the difference between capitalism and consumerism. Consumerism is actually the exact opposite of capitalism. Capitalism is about accumulating wealth.
building your capital and not spend it right. Even one of my favorite Kanye quotes is like why people make money don’t spend it. But I’d rather buy 80 gold chains go ignorant, right ignorant. And so the pernicious thing that happens in a lot of communities, especially poor communities. Right? I’ve seen this happen with my own eyes. Right?
Happens to Korean people. It happens to everybody, right? Is that you know you live in a crappy apartment in K. Town with 20 other dudes. Yet you drive the brand new Bmw. And you’re not building any sort of generational wealth. Right? And so essentially, yeah, you want to build the capital and not spend it. And essentially, you want to start to intelligently leverage your capital
to give to your future kids or your descendants, or whatever you want to do. Now, the hardest thing about Bitcoin is stomaching the volatility so volatile, mean. Just it goes up, it goes down, and then, like honestly for most people, it’s going to give them like 5. 100 heart attacks over right now
I think of a Bitcoin kind of like nuclear energy, so
nuclear energy in the untamed formed is obviously toxic could cause the next Fukushima whatevers right? But if you have a bunch of smart people, engineers, nuclear physicists working in a controlled manner, right? It’s like the greatest benefit to society, because to humanity, because essentially, you’re giving people free electricity forever. Right? And
I think my personal thought is the volatility is a future not above. So the reason why Bitcoin goes up and down the sideways so much all the time, and you can have huge swings
is because you could trade a 24, 7, 365 on the weekends in the evenings. Right?
It still befuddles me that in the year 2024, 2025 like. Why is it that you know, after 5 pm. You know Eastern time, or on the weekend Saturday, Sunday like, why did they close the market? So what if there’s another Cuban missile crisis. It makes no sense right?
And also the reason why it’s so volatile is that it’s actually the most
desirable commodity on the planet. And there’s all these people with these weird Bloomberg machine terminals, whatever they are, always pegging everything to the Bitcoin. So a lot of people ask about ethereum dogecoin webs, right. I think Bitcoin is the only true.
Everything else is the false prophets. Everything else is the false coins. The immaculate conception of Bitcoin and Satoshi.
I think this is actually a big deal, because anything that is not Bitcoin, you know, ethereum and the like. They they need some sort of spokesperson, or, you know, individual to prop up the value right, whereas Satoshi, he invented it, he disappeared forever. Now the reason why this is such a big deal is that
every other crypto thing which is not Bitcoin.
It does not have a hard cap
like you could print more ethereums. You could print more. Whatever tokens you cannot print more bitcoins, and that’s that’s the big thought.
So. Volatility is vitality. Eric Kim. I actually didn’t say that. Sorry. That was actually Michael Saylor. I typed that in wrong. But essentially
you know, volatility is vitality, and the more volatile the more energy the power you have, the more vitality you have. So once again, people think of volatility as being risk. That is actually not the case. Bitcoin is going to go up forever, but it’s going to be like an extreme roller coaster and go up down, but with extreme swings it’s extreme performance. So
yeah, volatility is not risk. Volatility is just going up and down a lot, but essentially over a long enough time span. It’s going to go up forever.
So I borrowed a lot of slides quite liberally from Michael Saylor. Some of these are from his recent Microsoft. Pitch. And yeah, just go. michael.com go to his presentations looking at yourself. So I’ll just make some quick points. So
essentially, currently, Bitcoin is like a 2 trillion dollar asset class right? And this is also from Jesse Myers once in a species.com. And the reason why this is important is currently you know. Let us say the whole world’s economy is 900 trillion dollars, right? And
what we have our eyes on is real estate. So real estate is, you know, most people don’t really just use real estate as a place to live right? Otherwise, you just rent. People use it for a long term store of value. So, for example, if you’re a really really rich family from New York City, you own, like 10 square blocks in Manhattan, and, you know, does your descendants sell, you know.
a square block to buy himself a few Ferraris. No, that that would be a bad strategy. So the the tip I have for any single person trying to build intergenerational wealth. Keep it simple. Only one rule. You don’t sell the Bitcoin. If you face extreme poverty or financial distress, I don’t know. Become an Uber driver or something. Pay the bills, but don’t sell the Bitcoin.
and currently I think we’re going to see is Bitcoin is just going to take over the gold market, which is 16 trillion dollars, maybe the cars and collectible art market.
Now, a big thought is this is from Michael Saylor once again, is that
all these assets on the planet.
Some of half of it is to provide utility. Right? So, for example, you know.
let’s say you need you need somewhere to live right? No so that provides utility right? But then, again, some of it is to preserve capital right? And
as a 36 year old millennial nowadays. The pressures. Oh, you got to buy a single family home today, right? But the the reason I get so sus of people saying you should buy a house is that they’re like, oh, you essentially need somewhere to live. You’ll build capital. Blah! Blah, right? You don’t want to give money to land, but it’s like no, you only need one reason like you would only ever buy a single family house. If let’s say you really like having a backyard and a garage, or what is right. But it’s really not
a money making thing, because homeownership is like a trillion, times more expensive than you would otherwise think, and as a consequence, with a single family home, even if the price is going up right
at best, you might be breaking, even if not, you know, slowly bleeding yourself. Because, let’s say, real estate is on average, going up 10% a year, right? The money supply the inflationary. M 2 supply is 15% a year. So you’re actually kind of losing money.
So the big thought is once again, you know.
the optimistic thought is eventually all these long term sort of things are going to become digital capital. I still think about this, the Warren Buffett. They’re all gonna die. And then, when we, you know, take the take the mantle. What’s gonna happen the next 20 years, even if you’re 80 years old right now? 81 years old. Shout out.
You know, I think I’m optimistic. We could live to be 100 20. So yeah, this is definitely the next wave. You’re not going to want to miss right? And you know, currently a lot of millennials. People like everyone wants to buy the Lambo or the Ferrari.
You’re you’re going to lose the value of it in about 3 years. You want to live forever.
So these are some kind of conservative growth estimates, according to Michael Saylor’s Bitcoin 24 model. So in about 21 years, and this was still pretty conservative. Right? Bitcoin is going to become a 280 trillion dollar, you know thing right? So going from 2 trillion to 200 trillion, so at least 10 x. So you’re conservatively, you’re going to see your money at least 10 x in 21 years, which is pretty cool. Right? It’s not going to take over all these other things. It might, but it might not.
Now people always ask.
what is Bitcoin backed by? So I did the maths right and based on what other people say, too essentially the Bitcoin network. If you took all the apple Amazon aws servers, Meta.
combine them all times 20, you could still not hack the Bitcoin network in in terms of the raw power that goes into powering. Think about like 20 nuclear power reactors powering the thing right? And also people don’t understand is there’s already been 850 billion dollars of quote, real money investment thing follow Blackrock. They just recently recommended most of their
you know, owners to allocate at least 2% of their portfolio into Bitcoin, which is kind of a big deal. Look about what Larry Fink says. Blackrock is like what they own. What 40 trillion dollars of assets around the planet. They’re they’re kind of a big deal. And also it’s a network effect. So you remember, in the early days of Facebook. It was only it was only university students with the Edu address were allowed to join in. Then they opened up to everybody, and the network effect of Facebook is that
if you have Facebook and I have Facebook, then Facebook instantly becomes more valuable to both of us, because I can now share my photos with you, whatever’s right. But then, if your friends friends also have Facebook, it becomes much more valuable to everything. Same thing goes with facetime right. The reason why I got you know I used to be a Diehard android dude. Now I’m like all icloud everything. It makes life so much easier. You get your mom an iphone. Now you get facetime imessage. It makes life way better.
And so Bitcoin is going to be the same thing as more and more people are going to continue to download Coinbase or Whatevs. And also my optimistic thought is, if Apple doesn’t want to become irrelevant, it’s I’m very certain the next 5 to 10 years. Apple is going to have their own
Bitcoin storage thing in your icloud account. It makes sense right. They have apple pay. They have the apple wallet. Essentially.
apple is the new bank. And so now, when they do like a you know, a 3 device authentication for your bitcoins through your iphone, your ipad and your macbook pro whatevers.
It’s actually it might actually be one of the most safe ways to store your bitcoins.
Also things to think about. If you’re a traditional investor
so there’s this notion called the cost to capital cost to capital that Michael Saylor says a lot. I might be getting this wrong. But
essentially the S. And P. 500 right?
on average, is like 14 to 15% return year over year. Right? So if you’re not making at least 15% or over 15% a year, you’re essentially losing your bleeding money. So real estate gold bonds is kind of a losing bet, right? And so the magnificent 7 which all the big tech stocks 28%, a little bit better, right? But look at Bitcoin. It’s like 62% year over year. And it’s kind of the obvious bet, right?
And even if you think about you know, everyone’s talking about Nvidia Tesla. You know what is right.
I think the reason why the mainstream media they don’t like to talk about micro strategy is that it’s still a little bit too weird and bizarre. And it’s not as buzzworthy as AI, because, okay, people like to think of this like evil Terminator AI, the video going to take over the world and find it right. But nobody is like Bitcoin, like
Bitcoin is not an android walking around 2 feet, taking over the planet right? So people actually don’t like to talk about Bitcoin. And for so long people thought that Bitcoin was a Ponzi scheme right. No one ever thought that AI was a Ponzi scheme. So the video always catches the headlines. But look at microstrates, look at the best performing stock on the human unit in the human universe
over 3 x. That of Nvidia, which is already impressive, and Nvidia is already destroying Tesla by a massive margin as well. Right? So
I mean? That’s that’s pretty obvious, right?
Even Donald Trump watches a Nashville presentation. He quotes Michael Saylor directly, says, Never sell your Bitcoin. Apparently Eric Trump, the son of Donald Trump has known Michael Saylor for 20 years. I’m not sure if that’s true or not, but if that’s the case.
I’m like a hundred percent certain that. You know, Michael Saylor essentially has the left ear of Donald Trump.
And yeah, it’s it’s a it’s a very good thing.
So if you want to plug and create your own models. Google, the Bitcoin, 24 model. It’s on Github
plug in your own assumptions.
And this is the big thing that I have my eyes set on. So currently, you know, it’s December right? And everyone’s waiting for the trump to get into the office January 20.th So this is a tricky thing. So I used to be Super Anti Donald Trump, right? Because I could care less about politics and stuff like that right? And
but
one Donald Trump became super super pro bitcoin. I started to listen and start watching all his interviews and looking like honestly the you know, I’m from the Bay Area like Liberal Democrat, my whole life right? And actually, I kind of realized, wow, the the left leaning media is kind of the they’re kind of the evil ones here. And Donald Trump, he seems actually kind of like a cool, nice nice nice guy, right?
And the big thought is.
there’s no, there’s not going to be a World war 3. What is right? And Bitcoin, under the trump administration is gonna explode, and it’s gonna be the
the greatest 4 years of prosperity of all time, and this once again coming from like a super left leaning liberal. So this is a good thought so. Anyways. Let us say, you know.
America leads the charge in the crypto Bitcoin revolution. Right? And yeah, I think
assuming that America really wants to control the future. I think the America purchasing 6 million bitcoins is not fully out of this this planet. Right?
So some thoughts on building personal family wealth.
So the reason why I think this is kind of a big deal is that
everyone wants to build wealth right. Everyone wants to be intelligent with their investing. It doesn’t matter if you’re a nonprofit, a charity, a church, Mother Teresa, like every single organization, will always need money. Capital. If you have an endowment, you know, for Harvard, Yale, Princeton, Stanford Brown University. Whatever even the Uc. Is right, everyone needs money and capital right.
and I don’t like to think too much about the macro, because I’m not an institutional investor. I just think about myself, my family, my best friends, my squad. Right? So the goal is building personal family wealth and how to intelligently invest. So a lot of people talk about timings. Oh, when should I buy Bitcoin? Should I time it the high. Then people take out these charts and these candlesticks, which is all just witchcraft and pseudoscience don’t follow any of that.
Essentially the thought is.
anytime is a good time to buy Bitcoin if it’s high, low, Middle, whatever. We’re going to keep buying the top forever. So recently I bought some more Bitcoin at $100,000. Right then it dipped down to 90,000 to 88,000 hit 103,000 again, and so I’m pretty sure that in 1020 years I’m going to be buying Bitcoin at 1 million, a Bitcoin, 10 million dollars a Bitcoin, 55 million dollars a Bitcoin, whatever is right, and because if you do the simple math, just think at least 4 years ahead, right? So if I could tell you with 100 certainty that Bitcoin is going to be 1.2 million a Bitcoin
in 4 years
as long as you’re buying it for less than a million dollars a coin. You’re going to be in the green like it’s it’s kind of a a good bet, right? And actually, also, ironically, my personal thought is
chasing gains is a good thing, but also it’s it’s a good idea to not get quote greedy in the sense of maximizing your gains. So so, for example, right like, what’s the difference between getting a 38% yield and a 32% yield like the the difference is nominal. Don’t don’t worry so much about maximization, because even a lot of what I thought my trades were bad
2 years ago ended up being right. So as investors, we have to think at least 410-20-3040 years ahead of us. So don’t worry so much about the the short term
so practical and pragmatic investing strategies right? So once again, so if I had a simple blueprint, so
some some simple thoughts.
there’s lots of different blends. You could do this, you could. You could be super simple. Just 100 to Bitcoin, buy it on Coinbase what is right, and just keep stacking forever.
100 legitimate. That’s the Bitcoin Maximus opposed the triple, triple Maxi, the triple Maximalist approach. If you just need to pay the bills whatever, and still stack the Bitcoins. My personal suggestion is put 80% of your wealth into Bitcoin and 20% of your wealth into micro strategy Mstr stock. And once again. This is this is what you do. So let’s say, for simplicity of math. Let’s say
Let’s say you have a million dollars or a hundred $1,000, or you use whatever kind of a number you want, right? So put 20% that to microstrategy stock whenever it goes up
beyond the principal, sell some of that stock and put that into micro strategies. Sorry. Put that into Bitcoin, and or use that money to just pay your your bills. So once again what I personally did right?
$150,000 working capital into micro strategy Mstr stock. And let’s say, when it goes from worth $150,000 to $160,000. I’ll sell $10,000 worth that stock. That $10,000 gets deposited to my checking account, which is linked to my coinbase. Then I’ll just buy $10,000 worth of bitcoin right? Or, if you need that, $10,000
for living expenses. Let’s say
you need $3,000 to pay your rent. You take $3,000 of that to pay your rent, and you put the other 7% of that into Bitcoin.
also some other definition. What’s the difference between being an investor, a trader versus speculator?
So an investor, we want to be investors. We want to think about (102) 030-4050 years ahead of us. A trader is a bunch of these, like 20 year old. High testosterone degenerates, you know, single, you know, maybe addicted drugs, or whatever right, who just want to like look cool. I made a billion dollars in a month by using all these complicated
statistical models. Blah! Blah! Right? But you don’t. You don’t want to be a trader because essentially it’s
nobody could time the market. Not even God could time the market right. And what a speculator is people who invest in meme coins. So a meme coin is like buying a Dogecoin or shiba Inu, that the reason why these are not you should not do this is that it is extremely dangerous. You’re going to lose all your money, and it requires
a charismatic leader to support it. So Dogecoin, right? Dogecoin is essentially elon musk coin right?
But if one day Elon musk tweets. Ha! Ha! Doge was just a joke all along, right. It’s not worth anything. The value of it will pump it to 0, or if once again. Elon dies in a you know a robo taxi accident. The value of dogecoin is going to go to 0, whereas if Elon Musk dies, you know Bitcoin is going to still keep going up forever. So speculator is meme coins beyond bitcoin us Bitcoiners. We’re we’re investors.
So you know, somebody also asked about, you know, monetary inflation right? So there’s this thing called the M. 2 monetary supply of the the rate rate inflation.
And once again you’re going to have to exceed at least 13% to 15% to
not lose money. So, for example, let us say, you have a billion dollars of us dollars in your checking account. Right? You’re going to be bled to death. Right? So in a year, your 1 billion dollar is going to shrink to 750 million down to 500 million, to 350 million. And essentially, you’re going to get a point where your money is worthless.
And already we see this right now. So currently, the price of real estate, single family homes is exploding. But this is my critical view. How much of that is that the value of a single family house is higher versus our Us. Dollars are just simply worthless. Right? So if you just do the same simple maths, right?
So let us say that. You know, minimum wage goes from $15 an hour to $20 an hour overnight for Mcdonald’s worker. Right? That means instantly. You see, 25% inflation. So your 1 million dollars in the bank is now worth only 750
$1,000. So yeah, once again. The real real rich people. They store less than 1% of their wealth in
Us. Dollars in their checking account like, you’re not gonna have Jeff Bezos bragging to other people that he has 10 billion dollars of us dollars in their checking account. No, it’s it’s all going to be in you know, stocks, or, you know, real estate. And actually, ideally, Bitcoin. Cyber cyber capital.
So yeah, that’s that’s essentially the the end of my presentation.

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Introduction to Bitcoin Transcript

Eric Kim: All right, we’ll get the party starting all right.
Eric Kim: Hopefully, everything is hearing.
Eric Kim: and yeah, thanks for tuning. All right, we’re gonna start all right.
Eric Kim: So the Bitcoin revolution, the revolution will be televised. Eric, him right? So, starting off.
Eric Kim: you know, what is Bitcoin? Why does it matter?
Eric Kim: So I think the 1st important critical thing is trying to consider and think you know what is Bitcoin we’ve all heard about in the news we heard about Bitcoin as being a Ponzi scheme, a pyramid scheme. And honestly, my mom has gone through her fair share of Ponzi schemes like she she got suckered by the whole Amway scam.
Eric Kim: and I think the reason why Bitcoin is so important and critical is, I essentially see at this point. Bitcoin is like the early days of the Internet. So if you go into a time machine and you could tell somebody in the past, okay, you know, in the days before email existed. Right? So okay, once one day, you know, everyone’s gonna have a supercomputer in their pocket. They’re using it to check all their bank statements. You’re going to be able to use your camera on your phone to scan your you know your checks, your
Eric Kim: your bank account balances. You can use this to send money and messages and videos to everyone on the planet. Instantly everyone would have thought you were crazy.
Eric Kim: and I think one of the biggest misconceptions about Bitcoin. So I think also construct a way to start thinking about. Bitcoin is trying to figure out what Bitcoin is. Not. So my personal opinion is, I do not think that Bitcoin is actually cryptocurrency. I think currency is the Us. Dollar, and I think one of the biggest problems about the whole field of crypto and cryptocurrency is.
Eric Kim: everyone is like a crypto anarchist, which means that they want to see the Us. Government and all the governments on the planet fail, and they can essentially live in peace and silent without interference from the Government. Yet, you know, obviously, at the end of the day, it’s nice to have public streets. It’s nice to not get robbed in the streets. And actually, I think one of the biggest misconceptions about Bitcoin is.
Eric Kim: People think that Bitcoin is trying to replace the Us. Dollar. But my personal thought is, Bitcoin is going to be a supplement to the Us. Dollar. Essentially, I thought this a long time ago that essentially Bitcoin is digital gold to hedge against inflation, which means, as our money, our Us. Dollars, or our euros, or our local currencies become devalued.
Eric Kim: The upside is, our Bitcoin will become more valuable. I think the best analogy that I got was from chairman of microstrategy mstr Michael saylor, essentially thinking that Bitcoin is is not digital currency, but digital
Eric Kim: real estate.
Eric Kim: So I think this analogy is better, because nobody’s on. You know their zillow, you know, 20 times a day, checking their home prices right? And this is my mad. Max Post. Apocalyptic perspective. Is that okay? So imagine the future where there’s, you know, essentially.
Eric Kim: there’s this like nuclear fallout. And you know.
Eric Kim: there’s no inhabitable places anywhere. And let us say, there’s only 21 million single family homes left on the planet for anybody to live. Obviously, sooner or later, you know, people are going to want somewhere to live. And so I think the best analogy, I think, is Bitcoin as digital real estate, which means that with digital real estate.
Eric Kim: You know, a lot of people like, yeah, you know, I want to quickly make money off of Bitcoin. But how do I make money off of it? It’s kind of like the early days of real estate. So if you bought Manhattan in the 16 hundreds, you know, how do you monetize it? And I still think that we’re in the very, very early days of bitcoin and institutional adoption, which means you’re going to start to see New Bitcoin products come out. So some simple thoughts. So we’ve all heard stories of Scumbag
Eric Kim: San Francisco based
Eric Kim: scumbag landlords, you know, charging an arm and a leg for their tenants, and we all hit the landlords, I think with Bitcoin we’ll become the new digital landlords, which means
Eric Kim: effectively,
Eric Kim: we will in the future be able to like rent out our Bitcoin. And you know, let’s say
Eric Kim: Let’s say we have one bitcoin right, and it’s and then I think that the personal math I like to do in my head is thinking that one Bitcoin is equivalent to one single family home. So I currently live in Los Angeles, in Culver City. It’s kind of insane. A single family home. I’ve even seen some in my neighborhood for 4.4 million dollars. The average Median household single family home is around 1.7 million dollars.
Eric Kim: So in my personal mind, where I think Bitcoin is a trillion times more valuable than physical real estate land, because you could always make more of it. It’s not a real scarcity.
Eric Kim: What that then means is.
Eric Kim: I think, my mind the price of a single family home, and the price of a Bitcoin should be piped to another. So in my mind I still think of a Bitcoin at least 1.1
Eric Kim: 1.7 2.1, maybe even 4.4 million dollars a coin. And I think this is a very
Eric Kim: It’s a very fascinating idea, because also, you know, people say, Oh, but Bitcoin is not real. Money is yeah, but like our dead, shiny rocks. Aka. Gold money either, or is fiat currency, you know pieces of paper. You can eat pieces of paper to to live. And I think one of the most interesting things I learned about the philosophy of money is that
Eric Kim: essentially all money is just existing the value of men, and it is all essentially subjective. Now, what makes Bitcoin so fascinating to me is that it’s the 1st time in human existence.
Eric Kim: All 100 trillion years we’ve been existing. Whatever is that? You had a hard cap supply of money. So, for example.
Eric Kim: people often talk about gold, right? So the issue with gold is at the time it was the least bad form of money, because it was very, very scarce. It was difficult to find. It’s difficult to mine transport. Yet there was lots of good properties of gold. It’s, you know, essentially it kind of lasts forever. Aesthetically, it looks beautiful, the nice yellow color of gold mimics that of the sun, and you know, at least back in the day, let’s say you had gold coins it could easily fit in your front pocket whatevers.
Eric Kim: But now things become a lot more difficult because we’re living in the 21st century, the 20 second century on young, you know, we would have flying car drone robo taxi, self driving car waymos. It’s like, Why are we still using an antiquated digital framework of modern day banking swift code accounts. If you’ve ever tried to send money,
Eric Kim: you know, from the Netherlands to South Korea, to Nigeria, to Lagos whatever you find that the the whole swift system is kind of like a bunch of gangster mafiosas like even my mom is currently living in South Korea. And if I would just need to send her like any sort of small amount of monies, right? It’s like crazy. It’s like, why does it. Take 3 or 4 days. Cost like me, 55 bucks, and it’s like this should be done instantly. So I think it’s a big big big revolution.
Eric Kim: So why does Bitcoin matter? It’s kind of like asking somebody why does clean water matter so
Eric Kim: one of the things I love about Michael Saylor, and I highly recommend watching all of his videos. Sailor. It’s essentially Twitter or X at Sailor or michael.com.
Eric Kim: and he uses this analogy of sewer water. So let us say, every all 8 billion people on the planet are all drinking sewer water, and people are dying of dysentery, and people are saying, I don’t get it, you know I exercise, you know. I
Eric Kim: you know I eat healthy exercise every day, but I’m still dying of dysentery. My kids are dying of dysentery, and so the whole issue is that if you’re drinking sewer water, no matter how healthy your lifestyle is, how virtuous you is. It don’t matter. You’re going to be, you know, dying of dysentery, or perpetually sick.
Eric Kim: And so, if we think about these physiological terms, and apply it to Bitcoin and money and digital capital. This becomes really fascinating because my personal thought and you know, also, I grew up in a family of poverty, poverty, meaning that I thought I was going to be homeless at least 2 or 3 times.
Eric Kim: Dad perpetually addicted to gambling with away the rent monies, and so the whole the whole ethos. I had a kid ever since I was 15. Okay, I’m going to take every single penny. I can immediately go out buying some new sneakers, you know, buy some cool clothes, and I literally had $0 in my bank account.
Eric Kim: and so I think the pernicious, vicious cycle of inflation is.
Eric Kim: you cannot blame people for not saving up capital for their future if the money itself is deflating at such a rapid pace, and so I personally think that you know Bitcoin is like giving every single person on the planet like unlimited free Fiji water, or the best alkaline hipster. Whatever water you want. Essentially giving people clean water. And
Eric Kim: a lot of people say, Yeah, but Bitcoin is not real money. It’s a okay. So I think this is a big this is a big shift for me also, personally.
Eric Kim: my personal thought is, Bitcoin is actually more important than
Eric Kim: like, okay, so my personal thought. This is all just my personal thoughts right?
Eric Kim: So we should not think about money. We should think about capital. I think capital is a lot more
Eric Kim: robust and strong as a concept. So, for example, capital comes from Cap CAP. Like upon your head. K-ap. Essentially it came from the head of oxen. So if you read the Iliad, the Odyssey essentially, every time you want to appease the gods, you have to sacrifice a hectacomb, Hecta means 100 a hundred head of oxen to appease the gods.
Eric Kim: And you know, obviously, that’s very expensive, like, can you imagine, if you know you sacrificed a hundred Lamborghinis to appease the gods, it would be quite expensive endeavor. Right?
Eric Kim: And so, capital. We all live under. Capitalism doesn’t matter. If you’re living in Europe, Africa, Asia, America, China, and also one thing that people don’t understand is, I think, what a lot of these people, maybe 4 or 5 years ago, China is going to take over. China’s not going to take over. It’s like China is dependent on America, and effectively, the Chinese Yuan. The cny is essentially effectively pegged to the Us. Dollar and the Us. Is essentially the world. Reserve currency
Eric Kim: and
Eric Kim: capital is what we seek, not money. Money, you know. Use money, like, you know. I’ll get into this little detail a little bit further. But talking about currency, so currency is like, you know, buying a Starbucks Frappuccino, or buying a in and out Burger. Right? That’s like money currency, right?
Eric Kim: Capital is essentially long storm, long term, store of value. So it’s building generational wealth. So one of my favorite songs from Kanye West is the off the grid songs that we off the grid grid grid this for my kid, kids, for when my kids, kids have kids.
Eric Kim: And I think this is also the big thing is a lot of millennials. Nowadays.
Eric Kim: I think the disincentive to have kids is
Eric Kim: people. You know, there’s so much fear mongering about the the future is gonna become, you know.
Eric Kim: boil the seas or whatever. So there’s not going to be a future. So essentially, there’s a strong sense of pessimism. But Bitcoin, to me is like solidified optimism, which means that the future is going to be glorious and great. And you know, even having Seneca right now, think about his future kids, kids, kids, or my future kids, kids, kids.
Eric Kim: It brings me so much joy. Because the simple strategy, you just keep stacking Bitcoin until you die, and then you hand it on to your kids. Your kids give it to their kids kids. It’s like, if you owned, you know, a hundred penthouses or 10 square blocks or 20 square blocks in Manhattan, on the main island. Do you ever sell that to buy a Lamborghini? No, you! That’s
Eric Kim: that’s not what one does, or liquefy it all into us dollars and brag about. How many billions of dollars you have in your bank account. Nope, that’s not the goal
Eric Kim: you want to build capital. And traditionally it’s been real estate. But once again, real estate was a good idea. In the 16 hundreds, 17 hundreds, 18 hundreds, 19 hundreds, 22 thousands. The subprime mortgage meltdown proved that, you know. Maybe it’s not always the best idea. And I think the hard thing is, people say, Yeah, but you know, real estate, you know, essentially, everyone needs somewhere to live, and it’s a
Eric Kim: historically, the value of real estate is always going to go up forever. Now people say that the tricky thing is the pace of monetary inflation is around 15%. The best thing is to either chat Gpt or Google. The M. 2 money supplies. And essentially what you will find is
Eric Kim: them to money supply is essentially a metric in which the Us. Government, or any other government on the planet, includes the euro and stuff. They keep printing more currency. And the reason why then this becomes an issue is that you have more currency in the system that means the individual value of each unit is going to go down. And actually the thing that I call this the in and out Burger. Not in and out, Burger the
Eric Kim: the shake Shack Burger incident. So me and Seneca we used to always buy a single burger, Patty, for a dollar 51 day we pop up. They say it’s 2 50, a burger. Patty, we’re like, we. What this makes no sense is like, yeah, we just increased the minimum wage to $20 an hour increase our wage. $20 an hour for fast food, and the hard thing is with
Eric Kim: minimum wage. You cannot rewind the
Eric Kim: the the hands of time. If you suddenly said that the minimum wage is only $70 an hour, there will be rights. The streets would not be not be good.
Eric Kim: so we’re all photographers, you know, street photographers, whatever. And the hard thing with digital is in our minds, digital is infinite and free. So, for example, I could take a copy of Mozart’s 5th Symphony, or whatever, as Mp. 3, file, and I could copy and distribute it a trillion times with 0 marginal costing right? And so this is where the notion of cyber becomes more interesting. And I’ll think about like, you know, cyber punk thinking about cyber truck.
Eric Kim: It’s
Eric Kim: essentially once again, mathematically, cryptographically, that the hard science and the hard math is there can never be more than 1. 21 million coins
Eric Kim: in existence come up forever. Even if you took all the quantum ultra computers on the planet, times it by 20, you still could not produce more bitcoins. It’s just not how it works right?
Eric Kim: And so
Eric Kim: I think there’s different ways. You can think about it right? So you could think about like I also could. Another fun analogy I think about is that let’s say one Bitcoin is like one cyberox, and it’s immortable, immortal, indestructible. It’ll give you life forever right. And there’s only gonna be 21 million of them in the futures. And now and so this is your chance to get one for an extreme discount. Even if I could tell you right. So once again, the single family home analogy, let’s say.
Eric Kim: let’s even say let’s say you want to buy a single family home. Let’s say it costs a million euros or whatever. Right? So if I could tell you today that you could buy a single family home for only a hundred $1,000 or a hundred €1,000 you’d be like, Wow, that’s that’s the deal of a century. That’s you’re still getting a 90% discount. And my personal thought is.
Eric Kim: Bitcoin is far more valuable than digital real estate, because in the next 2030 years, when essentially all the all the baby boomers. The Gen. Xers die off, and it’s the millennials and Gen. Z’s. And, alphas! That take over everyone’s going to not really care about physical real estate no more. It’ll be digital cyber real estate, which is Bitcoin.
Eric Kim: So my personal story, how did I get into Bitcoin? So it might seem a little bit random. It’s like, Okay, Eric, you’re super famous for photography, street photography like, how do you get to Bitcoin like? It’s like, so random, right? But actually, it’s not very random at all, because, you know, if you’ve been following me carefully, you know the whole time, I’ve always been talking about living minimalistically, frugally, Spartan lifestyle, whatever’s. And you know now that you know I’m pretty stacked with a bitcoin and microstrategy stock mstr.
Eric Kim: Funny enough, I’ve personally found that my lifestyle habits haven’t changed much, I mean, I’m a little bit more generous, maybe, like, you know, took out a friend last night to all you eat cream, barbecued
Eric Kim: paid for her bill didn’t really even flinch. And so my personal thought with Bitcoin is, I personally wanted monetary freedom, and so long story short, so I’ll never forget this moment. So I’m born 1988. Went to Uc. As undergrad my roommate at the time, Kevin. It’s our junior here’s on Reddit, and I’ll never forget we’re in our studio apartment. I think I was distracted. I was doing something else. He was like Eric, you know. He’s on some subreddit, and he’s like.
Eric Kim: Oh, Eric, this thing called Bitcoin, and you just bought a bitcoin like I bought 2 domino’s pizzas for like 10,000 bitcoins. We should just get like a hundred bucks worth of it, and just see what happened. I’m like, sounds like a scam and disregarded it, and I did the math. Now, if me and Kevin and my roommate Kevin, just bought a hundred bitcoins at the time
Eric Kim: for funsies, right? And I had a hundred bucks right? We would each be worth at least 1.2 billion dollars. Today, I’m like, man. This was like the worst mistake of my life, right? But everything has happened as it should have happened. You know. Maybe if I had become a billionaire I’d just become some degenerate, you know. Cocaine addict on some beach somewhere in in Hawaii, and then Seneca would never been born. I would have never done my photography, world travels, whatevers, and my then next reintroduction to Bitcoin was
Eric Kim: kind of more recently when moving to La. The cost of living is so expensive, and you know every I don’t know a single person who doesn’t want financial freedom. A long story short, I 1st heard about Bitcoin again, kind of earlier than when I was living in Vietnam around 2017, 2018,
Eric Kim: and at the time I didn’t really need Bitcoin, because our living expenses were so cheap. It was 320 bucks a month for a brand new studio apartment, fully furnished up, lighting in the jazz right? And even at the time, passively, the income we’re making. Let’s say it’s a thousand $2,000 a month. Let’s say it’s not even that much right, but like our whole total expenses, living expenses like maybe 6 700 bucks a month, so I had the epiphany I’m like, I’m never going to run out of money. So already, at the age of 26 in my mind, I mentally retired right
Eric Kim: and just more for funsies. I met this guy named Bing in in Singapore. Heard about this thing called Digibyte. Dgb, I don’t even think they’re around anymore. But at the time I’m like, Okay, I want to buy some bitcoins, buy some digibyte. How do I do this? And at the time Coinbase seemed like the best option, because it was the simplest, most minimalist to me it looked like the paypal for for Bitcoin and cryptocurrency. I’m either school bought about $25,000 worth of bitcoin, which, and Bitcoin was only about
Eric Kim: $7,000, $6,999 a bitcoin. So 7 k, so I bought about what? 3 and a half bitcoins at the time. For $25,000. Put some of that into digibyte, held a bitcoin or 2, and essentially saw the waves and the crashes and the doge coins and stuff like that. And essentially, I just kind of woke up to my guts and found out that Bitcoin was a real deal.
Eric Kim: I think I think you know. Also, some strange analogies is to me Bitcoin is almost like a new
Eric Kim: World economic religion, I mean, people who follow Bitcoin are like fanatic. They’re zealous about it. They follow Michael Saylor like his.
Eric Kim: you know the profit. You know the next profit of Bitcoin right? And it’s always good to invest in religions right to invest in religions, to invest in cults like the cult of Tesla, Elon, musk apple, Steve Jobs. Whatevs, right?
Eric Kim: So essentially and then, more. Now, like, you know. Obviously, I have financial independence now, and the only reason I’m teaching this workshop or sharing this information is, I almost feel like it’s my ethical imperative like. Once again, if you could have discovered Internet in the early days, or clean drinking water, I would feel that it would almost be a disservice if I did not share this information with others.
Eric Kim: So everyone’s always about like, okay, so what is the Bitcoin gonna be worth? So there’s the open source model. Michael Saylor, I think, helped create it. It’s called the Bitcoin 21 model, I think. Right?
Eric Kim: So 21 years from now his base case is that Bitcoin is going to be 13 million of Bitcoin bear case, 3 million a Bitcoin. The bull case is 49 million a Bitcoin, and no, this was in 2024 in July before Trump was announced as President, and he is ultra super pro crypto and bitcoin and also worth
Eric Kim: following, is his son Eric Trump, ironically. His name is also Eric also the funny thing. There’s a bunch of Eric’s actually in the world of Bitcoin, Eric Kim Eric Semler, a similar scientific, this other Etf guy who works for Bloomberg. His name is Eric Balconus, or something like that. And Eric Trump.
Eric Kim: And
Eric Kim: essentially, we have an all Republican trump, pro bitcoin pro crypto, President and Cabinet, whatever right? And so these were all written by Michael Saylor’s predictions before we had the most pro bitcoin
Eric Kim: government of all time. So all these numbers, I think, should be inflated. So my personal thought is, I think, for the next 4 years. Once Trump takes office, January 20, th 2025. I think this will be the craziest, best Bitcoin Bull Run of all time the next 4 years. So currently, Bitcoin’s been going up around 60% to 62% arr annual rate of return. And I think
Eric Kim: once Trump takes office, and I’m pretty sure he’s gonna buy the 1 million Bitcoins, or whatever for the strategic American Reserve.
Eric Kim: And also I think Eric Trump, his son, is committed to having Bitcoin be at least a million in Bitcoin.
Eric Kim: So let’s see. So my personal prediction, right? So I think Bitcoin will grow by at least 120% arr over the next 4 years. So let’s say, Bitcoin is worth around $100,000 right now. So by next year, let’s say it’s 250,000 the year after that, let’s say it’s 750,000, let’s say the year after that it’s like 1.2 million. So I think we’re on track to hit a million a bitcoin in 4 years about 10 x gain. So just do the mass from then.
Eric Kim: Now, people are always asking, okay, this, you know, Bitcoin reserve strategy, you know, like, how is? And why is America going to buy the Bitcoins? Right? So we’re essentially out of physical land and real estate. Now we have to go to cyberspace right?
Eric Kim: And it seems kind of silly, like something out of a sci-fi film. But the truth is, they’re currently the war we’re having with China and Russia. It’s it’s not physical war per se. It’s actually cyber war. So cyber security is the big big money maker. Even cyber penetration testing. Right? I think Gmail is trying to get like all these malicious actors tried to attack the Gmail servers like a million times a minute. Something crazy, right?
Eric Kim: And if you look at the history of America, right? So, Manhattan, 1926, the price of Manhattan. It was essentially stolen from the natives. Right? 60 guilders, right Louisiana purchase, you know, to fund Napoleon, California. Also kind of stolen from the the local Mexicans right? And also Alaska right. The the payoff was great, right, and so essentially the Bitcoin Act, the Cynthia Lummis Bill.
Eric Kim: She’s trying to get the States to buy at least a million bitcoins right? And you know even a Michael Saylor is much more aggressive. He’s like no America should at least purchase maybe 5 or 6 million bitcoins, which is 20 to 25% of the whole Bitcoin supply. And all America has to do. It’s a free trade. They just need to sell their gold and then buy Bitcoin. And in a recent interview that I was listening from Saylor.
Eric Kim: super fascinating, is like
Eric Kim: essentially what he said was the super evil genius strategy of selling America, selling her gold reserves and buying Bitcoin is that if that’s the case, comma.
Eric Kim: we demonetize our enemies.
Eric Kim: you know, capital reserves. So then suddenly, the the gold of the Russians, the Chinese, will go to 0, and then everyone’s going to rush into Bitcoin. And if America owns Bitcoin, it’s a good sign for the future. And also another big thing I want to talk about. Why does America have the best economy on the planet.
Eric Kim: So we essentially gave birth to Apple Amazon, Facebook, the magnificent 7 stocks, Netflix. And you know, people talk about China. It’s like. Okay, I don’t know a single rich mainland Chinese oligarch who doesn’t want to send their kids to the States to
Eric Kim: to Harvard or Yale or Princeton, you know, buy a nice house in Palo Alto, the Bay area, or even Vancouver. No rich mainland Chinese person actually wants to be in China, but because of capital controls, they’re kind of stuck. So once there’s going to be a mad rush to Bitcoin. That means that you, your family, your whole squad, is going to prosper now.
Eric Kim: you know, issues. My, my friend Dante had a question about storage. So
Eric Kim: I think the hard thing with storage is okay. So how do you say this?
Eric Kim: I, my, this is my personal philosophy. The reason I do not personally trust cold storage for myself or more of these self custody options is that
Eric Kim: I know that I am very forgetful, and my biggest fear is, let’s say, I forget my passcode, or whatever is right to the Bitcoins. And or let’s say, my kids, kids can forget it right? Then boom like, you’re gonna be out like a hundred 1 million dollars. Right? So that’s that’s not fun, right? And so personally, I think the easiest is to just, you know, store it on the cloud. So, using a trusted custodian, whether it be coinbase. I think fidelity has their own services now.
Eric Kim: And the you know honestly, it seems like Coinbase is probably the best option coinbase.com, or you just download your iphone ipad. Whatever right is that you could also get a link with your biometric apple id data, whether it be face id or thumbprint. Whatevs right? So this way, it just feels much more secure. So
Eric Kim: for me, I would prefer an 80 to 85% optimal thing that is kind of dummy proof rather than take the 100 secure option which, because of user error, I might fail, and something that I personally learned is
Eric Kim: in terms of technology. And all these things in between
Eric Kim: seeking the simplest, most straightforward option
Eric Kim: that is least complicated is often the best solution. And the reason I would be very, very wary of a lot of these people promoting, you know, buying their hardware wallets. Whatever’s right, everyone has a buck to make. Everyone has a bitcoin to make. Everyone wants to make a few satoshis here and there.
Eric Kim: and so they’re trying to fear monger use. Oh, you’re gonna you know, Coinbase going to get hacked. And I’m like, no, I don’t think it is. It’s like, you know, back. It’s like essentially a Us. Government, you know, it’s essentially it’s traded on the the You know the Stock Exchange. It’s a American based company. I would. I would not trust anything outside of the States.
Eric Kim: But yeah, I would say, choose now, obviously, if you’re super, you know.
Eric Kim: quant genius, autistic genius, then do all the cold storage stuff. But if in doubt, just the simplest thing is, coinbase seems to be the best. Okay, so this is kind of my free money hack. So I call this microstrategy, strategy, mstr microstrategy versus bitcoin. And okay, so it’s very, very simple. So this becomes a philosophical debate. To say it short.
Eric Kim: I think the ultimate goal is to own Bitcoin, he or she, or the entities with the owners of the most Bitcoin shall win. And so for me, philosophically, you know, let us say that you could own, you know, 20 bitcoins, or you could own 2 million dollars worth of micro strategy. Mstr. Stock. Right?
Eric Kim: 1020, 30 years from now, right?
Eric Kim: You’re going to actually outperform. You’re actually going to make more money from microstrategy stock than Bitcoin. So Bitcoin, historically, has been 60% to 62% AR annual rate of return micro strategies is almost double that 120 to 1, 25 AR. So if you actually want to maximize your returns. You just buy microstrategy stock mstr and bitcoin. Right? But the issues is, you know. Let us say that Michael Saylor gets shot. He gets killed. He
Eric Kim: you know, dies in a Cybertruck, whatever. Right? Then, it’s probably not going to be the world’s best future for microstrategy. So it’s actually much more risky. So if you want the least risky option, it’s just put all your money into Bitcoin right? And some millennial living strategies. Right? So the the simplest strategy I have. I call it the Spartan strategy. This is why I personally follow. Is you essentially try to live as minimally and frugally and sparse as you can, and just put literally 90% of your income into bitcoins right?
Eric Kim: And a free money hack I discovered. So, for example, let’s say you have $150,000 or €150,000. Right? And you know I’m not 100 sure how it works. If you’re a European. What is right. But you, you buy micro strategy stocks. So let’s say you buy, you know, 100,000 or $150,000 worth of it right? And Mstr, and you use fidelity, or robinhood, or whatever trading app you have. Right.
Eric Kim: And the strategy is simple. It’s whenever you know. Let us say the base case 150,000.
Eric Kim: Let’s say your microstrategy stock value then goes up to 200,000. Right?
Eric Kim: You sell $50,000 worth of it, and then you just transfer that to your bank account.
Eric Kim: and then your bank account is linked with your coinbase account. Then you just buy the Bitcoin right and rinse and repeat so very, very impressive over the last 3 months, I started with initial seed capital of around $150,000 in microstrategy stock
Eric Kim: off of that $150,000 right? And I haven’t even touched my principal. I yielded $242,000
Eric Kim: off of that initial 150,000 right? And also for traditional Roth, Roth, Ira retirement accounts. I put everything into microstrategy stock, and it is already like 3 x like, for example.
Eric Kim: My roth, Ira, just kind of randomly was like what $78,000, and then the course of 3 months. It’s like now, it’s like 230,000. It peaked at around 300,000. So it’s going to be a good future. And so the the very simple strategy. So let us say you’re able to get down your living expenses to let’s say
Eric Kim: you know, 5,000 bucks a month or €5,000 a month. Right?
Eric Kim: the point isn’t to just make a bunch of money and just go out and buy the Lambo. The the goal is actually to continue to live for good. If anything live more fully. People who says like, Oh, you know, you want to get rich, don’t care about money or whatever. If you’re a real real greedy, you know money, loving person. Actually, the optimal strategy is.
Eric Kim: you live, you know. You continue driving your old Toyota Prius, and just pour all of your money in Bitcoin, because really the truth is and this is my philosophical thought is, there’s almost nothing worth on the planet purchasing.
Eric Kim: Besides, Bitcoin is my philosophical thought. So and also some e even more super smart economic leverage. Right?
Eric Kim: So instead of paying an arm and a leg for rent in La or New York. Brooklyn, you just move to like Southeast Asia. Right you go. Move to Southeast Asia, live like a king, for like 300 500 bucks a month. Right? You just put all your money to Bitcoins right? So even if you had a modest savings, right, let’s say you had like $200,000, and you had microstrategy stock.
Eric Kim: let’s say every month of the month is rent is due, and the expenses are due right? You just sell a small portion of that stock, and it’s going to go up. So my thought on the next 4 years, micro strategy, assuming it’s around 2 x Bitcoin. I think Bitcoin is going to go up 120% error. I think micro strategy is going to double that 240% error. So just do the masses. At the end of every single month
Eric Kim: you make a small. Your gains go up like crazy right, and let’s say your living expenses are like under a thousand bucks, or if you, if you live in the States, 5,000 bucks, you sell X amount of monies to just support your living expenses, and you just continue to ride your gains. But ultimately my personal thought is whatever excess, money and capital you have just put it onto Bitcoin. So the micro strategy then ends up becoming the engine or the turbocharger or the cash cow. You milk it, and you shave the cream off the top, and then you buy Bitcoin with it.
Eric Kim: So I think the reason why to me Bitcoin is such a fascinating thing, and very exciting, is essentially Bitcoin is digital photography. Peter Diamandis, the ex guy. Right? You know, he talks a lot about kodak film. You know the iphone and disruption.
Eric Kim: So actually, intuitively, as photographers and digital photographers, we should actually understand. You know, this disruptive power about digital photography. So obviously, you have the hipsters with their mustaches and their flannels, you know, talking about the virtues of film photography.
Eric Kim: But the truth is, digital photography is like a quadrillion times better.
Eric Kim: And also currently, in the year 2025, incoming
Eric Kim: digital photography is actually superior to film photography. I mean.
Eric Kim: maybe in the early days of digital sucked right. But now, at this point, digital photography is far superior to any sort of film photography, and the only reason you should film in today’s world
Eric Kim: is either as like a practice to appreciate the joys of photography. So the philosophical approach.
Eric Kim: or you know, you’re trying to be some sort of like, you know, snoppy fine art photographer and overcharge money for your photos. Then you shoot film.
Eric Kim: because honestly, the the fine art market, they’re always going to overvalue film photos over digital photos, because it’s more complicated. It’s more strange, right? So in the art, in the art world, the more complicated, abstruse, and complicated, you can make your art the better. But for us.
Eric Kim: where you care about practical things, yeah, think about Bitcoin. So think about the iphone iphone pro versus your mom’s kodak Browning camera. I think the the thought is obvious. Okay.
Eric Kim: so how to start buying Bitcoin. Very simple. Just download the coinbase app, or you know if you if you don’t want to actually own Bitcoin, you just want to make a ton of money, just buy micro strategy stock Mstr, and use your traditional
Eric Kim: accounts. And I still think that this is the biggest thing is that everyone wants to become a millionaire, right?
Eric Kim: But you know what I think people want to do is
Eric Kim: they don’t want to earn like, okay, okay.
Eric Kim: people want to spend a million dollars.
Eric Kim: They don’t want to actually save and build a million dollars right? And so if you think about, you know, money and
Eric Kim: capital digital capital, I think about like Lego bricks, right? I just went to Legoland. Senecall is great. So let us say that
Eric Kim: each bitcoin, or dollar or 1 million dollars like these. Let’s say these are Lego bricks right? The goal is, you want to build your Lego Tower brick thing as tall as possible. You don’t ever want to
Eric Kim: get rid of your bricks and throw into the trash. That’s essentially what consumerism is. And this is actually another big philosophical thing I discovered is, what’s the difference between capitalism and consumerism. Consumerism is actually the exact opposite of capitalism. Capitalism is about accumulating wealth.
Eric Kim: building your capital and not spend it right. Even one of my favorite Kanye quotes is like why people make money don’t spend it. But I’d rather buy 80 gold chains go ignorant, right ignorant. And so the pernicious thing that happens in a lot of communities, especially poor communities. Right? I’ve seen this happen with my own eyes. Right?
Eric Kim: Happens to Korean people. It happens to everybody, right? Is that you know you live in a crappy apartment in K. Town with 20 other dudes. Yet you drive the brand new Bmw. And you’re not building any sort of generational wealth. Right? And so essentially, yeah, you want to build the capital and not spend it. And essentially, you want to start to intelligently leverage your capital
Eric Kim: to give to your future kids or your descendants, or whatever you want to do. Now, the hardest thing about Bitcoin is stomaching the volatility so volatile, mean. Just it goes up, it goes down, and then, like honestly for most people, it’s going to give them like 5. 100 heart attacks over right now
Eric Kim: I think of a Bitcoin kind of like nuclear energy, so
Eric Kim: nuclear energy in the untamed formed is obviously toxic could cause the next Fukushima whatevers right? But if you have a bunch of smart people, engineers, nuclear physicists working in a controlled manner, right? It’s like the greatest benefit to society, because to humanity, because essentially, you’re giving people free electricity forever. Right? And
Eric Kim: I think my personal thought is the volatility is a future not above. So the reason why Bitcoin goes up and down the sideways so much all the time, and you can have huge swings
Eric Kim: is because you could trade a 24, 7, 365 on the weekends in the evenings. Right?
Eric Kim: It still befuddles me that in the year 2024, 2025 like. Why is it that you know, after 5 pm. You know Eastern time, or on the weekend Saturday, Sunday like, why did they close the market? So what if there’s another Cuban missile crisis. It makes no sense right?
Eric Kim: And also the reason why it’s so volatile is that it’s actually the most
Eric Kim: desirable commodity on the planet. And there’s all these people with these weird Bloomberg machine terminals, whatever they are, always pegging everything to the Bitcoin. So a lot of people ask about ethereum dogecoin webs, right. I think Bitcoin is the only true.
Eric Kim: Everything else is the false prophets. Everything else is the false coins. The immaculate conception of Bitcoin and Satoshi.
Eric Kim: I think this is actually a big deal, because anything that is not Bitcoin, you know, ethereum and the like. They they need some sort of spokesperson, or, you know, individual to prop up the value right, whereas Satoshi, he invented it, he disappeared forever. Now the reason why this is such a big deal is that
Eric Kim: every other crypto thing which is not Bitcoin.
Eric Kim: It does not have a hard cap
Eric Kim: like you could print more ethereums. You could print more. Whatever tokens you cannot print more bitcoins, and that’s that’s the big thought.
Eric Kim: So. Volatility is vitality. Eric Kim. I actually didn’t say that. Sorry. That was actually Michael Saylor. I typed that in wrong. But essentially
Eric Kim: you know, volatility is vitality, and the more volatile the more energy the power you have, the more vitality you have. So once again, people think of volatility as being risk. That is actually not the case. Bitcoin is going to go up forever, but it’s going to be like an extreme roller coaster and go up down, but with extreme swings it’s extreme performance. So
Eric Kim: yeah, volatility is not risk. Volatility is just going up and down a lot, but essentially over a long enough time span. It’s going to go up forever.
Eric Kim: So I borrowed a lot of slides quite liberally from Michael Saylor. Some of these are from his recent Microsoft. Pitch. And yeah, just go. michael.com go to his presentations looking at yourself. So I’ll just make some quick points. So
Eric Kim: essentially, currently, Bitcoin is like a 2 trillion dollar asset class right? And this is also from Jesse Myers once in a species.com. And the reason why this is important is currently you know. Let us say the whole world’s economy is 900 trillion dollars, right? And
Eric Kim: what we have our eyes on is real estate. So real estate is, you know, most people don’t really just use real estate as a place to live right? Otherwise, you just rent. People use it for a long term store of value. So, for example, if you’re a really really rich family from New York City, you own, like 10 square blocks in Manhattan, and, you know, does your descendants sell, you know.
Eric Kim: a square block to buy himself a few Ferraris. No, that that would be a bad strategy. So the the tip I have for any single person trying to build intergenerational wealth. Keep it simple. Only one rule. You don’t sell the Bitcoin. If you face extreme poverty or financial distress, I don’t know. Become an Uber driver or something. Pay the bills, but don’t sell the Bitcoin.
Eric Kim: and currently I think we’re going to see is Bitcoin is just going to take over the gold market, which is 16 trillion dollars, maybe the cars and collectible art market.
Eric Kim: Now, a big thought is this is from Michael Saylor once again, is that
Eric Kim: all these assets on the planet.
Eric Kim: Some of half of it is to provide utility. Right? So, for example, you know.
Eric Kim: let’s say you need you need somewhere to live right? No so that provides utility right? But then, again, some of it is to preserve capital right? And
Eric Kim: as a 36 year old millennial nowadays. The pressures. Oh, you got to buy a single family home today, right? But the the reason I get so sus of people saying you should buy a house is that they’re like, oh, you essentially need somewhere to live. You’ll build capital. Blah! Blah, right? You don’t want to give money to land, but it’s like no, you only need one reason like you would only ever buy a single family house. If let’s say you really like having a backyard and a garage, or what is right. But it’s really not
Eric Kim: a money making thing, because homeownership is like a trillion, times more expensive than you would otherwise think, and as a consequence, with a single family home, even if the price is going up right
Eric Kim: at best, you might be breaking, even if not, you know, slowly bleeding yourself. Because, let’s say, real estate is on average, going up 10% a year, right? The money supply the inflationary. M 2 supply is 15% a year. So you’re actually kind of losing money.
Eric Kim: So the big thought is once again, you know.
Eric Kim: the optimistic thought is eventually all these long term sort of things are going to become digital capital. I still think about this, the Warren Buffett. They’re all gonna die. And then, when we, you know, take the take the mantle. What’s gonna happen the next 20 years, even if you’re 80 years old right now? 81 years old. Shout out.
Eric Kim: You know, I think I’m optimistic. We could live to be 100 20. So yeah, this is definitely the next wave. You’re not going to want to miss right? And you know, currently a lot of millennials. People like everyone wants to buy the Lambo or the Ferrari.
Eric Kim: You’re you’re going to lose the value of it in about 3 years. You want to live forever.
Eric Kim: So these are some kind of conservative growth estimates, according to Michael Saylor’s Bitcoin 24 model. So in about 21 years, and this was still pretty conservative. Right? Bitcoin is going to become a 280 trillion dollar, you know thing right? So going from 2 trillion to 200 trillion, so at least 10 x. So you’re conservatively, you’re going to see your money at least 10 x in 21 years, which is pretty cool. Right? It’s not going to take over all these other things. It might, but it might not.
Eric Kim: Now people always ask.
Eric Kim: what is Bitcoin backed by? So I did the maths right and based on what other people say, too essentially the Bitcoin network. If you took all the apple Amazon aws servers, Meta.
Eric Kim: combine them all times 20, you could still not hack the Bitcoin network in in terms of the raw power that goes into powering. Think about like 20 nuclear power reactors powering the thing right? And also people don’t understand is there’s already been 850 billion dollars of quote, real money investment thing follow Blackrock. They just recently recommended most of their
Eric Kim: you know, owners to allocate at least 2% of their portfolio into Bitcoin, which is kind of a big deal. Look about what Larry Fink says. Blackrock is like what they own. What 40 trillion dollars of assets around the planet. They’re they’re kind of a big deal. And also it’s a network effect. So you remember, in the early days of Facebook. It was only it was only university students with the Edu address were allowed to join in. Then they opened up to everybody, and the network effect of Facebook is that
Eric Kim: if you have Facebook and I have Facebook, then Facebook instantly becomes more valuable to both of us, because I can now share my photos with you, whatever’s right. But then, if your friends friends also have Facebook, it becomes much more valuable to everything. Same thing goes with facetime right. The reason why I got you know I used to be a Diehard android dude. Now I’m like all icloud everything. It makes life so much easier. You get your mom an iphone. Now you get facetime imessage. It makes life way better.
Eric Kim: And so Bitcoin is going to be the same thing as more and more people are going to continue to download Coinbase or Whatevs. And also my optimistic thought is, if Apple doesn’t want to become irrelevant, it’s I’m very certain the next 5 to 10 years. Apple is going to have their own
Eric Kim: Bitcoin storage thing in your icloud account. It makes sense right. They have apple pay. They have the apple wallet. Essentially.
Eric Kim: apple is the new bank. And so now, when they do like a you know, a 3 device authentication for your bitcoins through your iphone, your ipad and your macbook pro whatevers.
Eric Kim: It’s actually it might actually be one of the most safe ways to store your bitcoins.
Eric Kim: Also things to think about. If you’re a traditional investor
Eric Kim: so there’s this notion called the cost to capital cost to capital that Michael Saylor says a lot. I might be getting this wrong. But
Eric Kim: essentially the S. And P. 500 right?
Eric Kim: on average, is like 14 to 15% return year over year. Right? So if you’re not making at least 15% or over 15% a year, you’re essentially losing your bleeding money. So real estate gold bonds is kind of a losing bet, right? And so the magnificent 7 which all the big tech stocks 28%, a little bit better, right? But look at Bitcoin. It’s like 62% year over year. And it’s kind of the obvious bet, right?
Eric Kim: And even if you think about you know, everyone’s talking about Nvidia Tesla. You know what is right.
Eric Kim: I think the reason why the mainstream media they don’t like to talk about micro strategy is that it’s still a little bit too weird and bizarre. And it’s not as buzzworthy as AI, because, okay, people like to think of this like evil Terminator AI, the video going to take over the world and find it right. But nobody is like Bitcoin, like
Eric Kim: Bitcoin is not an android walking around 2 feet, taking over the planet right? So people actually don’t like to talk about Bitcoin. And for so long people thought that Bitcoin was a Ponzi scheme right. No one ever thought that AI was a Ponzi scheme. So the video always catches the headlines. But look at microstrates, look at the best performing stock on the human unit in the human universe
Eric Kim: over 3 x. That of Nvidia, which is already impressive, and Nvidia is already destroying Tesla by a massive margin as well. Right? So
Eric Kim: I mean? That’s that’s pretty obvious, right?
Eric Kim: Even Donald Trump watches a Nashville presentation. He quotes Michael Saylor directly, says, Never sell your Bitcoin. Apparently Eric Trump, the son of Donald Trump has known Michael Saylor for 20 years. I’m not sure if that’s true or not, but if that’s the case.
Eric Kim: I’m like a hundred percent certain that. You know, Michael Saylor essentially has the left ear of Donald Trump.
Eric Kim: And yeah, it’s it’s a it’s a very good thing.
Eric Kim: So if you want to plug and create your own models. Google, the Bitcoin, 24 model. It’s on Github
Eric Kim: plug in your own assumptions.
Eric Kim: And this is the big thing that I have my eyes set on. So currently, you know, it’s December right? And everyone’s waiting for the trump to get into the office January 20.th So this is a tricky thing. So I used to be Super Anti Donald Trump, right? Because I could care less about politics and stuff like that right? And
Eric Kim: but
Eric Kim: one Donald Trump became super super pro bitcoin. I started to listen and start watching all his interviews and looking like honestly the you know, I’m from the Bay Area like Liberal Democrat, my whole life right? And actually, I kind of realized, wow, the the left leaning media is kind of the they’re kind of the evil ones here. And Donald Trump, he seems actually kind of like a cool, nice nice nice guy, right?
Eric Kim: And the big thought is.
Eric Kim: there’s no, there’s not going to be a World war 3. What is right? And Bitcoin, under the trump administration is gonna explode, and it’s gonna be the
Eric Kim: the greatest 4 years of prosperity of all time, and this once again coming from like a super left leaning liberal. So this is a good thought so. Anyways. Let us say, you know.
Eric Kim: America leads the charge in the crypto Bitcoin revolution. Right? And yeah, I think
Eric Kim: assuming that America really wants to control the future. I think the America purchasing 6 million bitcoins is not fully out of this this planet. Right?
Eric Kim: So some thoughts on building personal family wealth.
Eric Kim: So the reason why I think this is kind of a big deal is that
Eric Kim: everyone wants to build wealth right. Everyone wants to be intelligent with their investing. It doesn’t matter if you’re a nonprofit, a charity, a church, Mother Teresa, like every single organization, will always need money. Capital. If you have an endowment, you know, for Harvard, Yale, Princeton, Stanford Brown University. Whatever even the Uc. Is right, everyone needs money and capital right.
Eric Kim: and I don’t like to think too much about the macro, because I’m not an institutional investor. I just think about myself, my family, my best friends, my squad. Right? So the goal is building personal family wealth and how to intelligently invest. So a lot of people talk about timings. Oh, when should I buy Bitcoin? Should I time it the high. Then people take out these charts and these candlesticks, which is all just witchcraft and pseudoscience don’t follow any of that.
Eric Kim: Essentially the thought is.
Eric Kim: anytime is a good time to buy Bitcoin if it’s high, low, Middle, whatever. We’re going to keep buying the top forever. So recently I bought some more Bitcoin at $100,000. Right then it dipped down to 90,000 to 88,000 hit 103,000 again, and so I’m pretty sure that in 1020 years I’m going to be buying Bitcoin at 1 million, a Bitcoin, 10 million dollars a Bitcoin, 55 million dollars a Bitcoin, whatever is right, and because if you do the simple math, just think at least 4 years ahead, right? So if I could tell you with 100 certainty that Bitcoin is going to be 1.2 million a Bitcoin
Eric Kim: in 4 years
Eric Kim: as long as you’re buying it for less than a million dollars a coin. You’re going to be in the green like it’s it’s kind of a a good bet, right? And actually, also, ironically, my personal thought is
Eric Kim: chasing gains is a good thing, but also it’s it’s a good idea to not get quote greedy in the sense of maximizing your gains. So so, for example, right like, what’s the difference between getting a 38% yield and a 32% yield like the the difference is nominal. Don’t don’t worry so much about maximization, because even a lot of what I thought my trades were bad
Eric Kim: 2 years ago ended up being right. So as investors, we have to think at least 410-20-3040 years ahead of us. So don’t worry so much about the the short term
Eric Kim: so practical and pragmatic investing strategies right? So once again, so if I had a simple blueprint, so
Eric Kim: some some simple thoughts.
Eric Kim: there’s lots of different blends. You could do this, you could. You could be super simple. Just 100 to Bitcoin, buy it on Coinbase what is right, and just keep stacking forever.
Eric Kim: 100 legitimate. That’s the Bitcoin Maximus opposed the triple, triple Maxi, the triple Maximalist approach. If you just need to pay the bills whatever, and still stack the Bitcoins. My personal suggestion is put 80% of your wealth into Bitcoin and 20% of your wealth into micro strategy Mstr stock. And once again. This is this is what you do. So let’s say, for simplicity of math. Let’s say
Eric Kim: Let’s say you have a million dollars or a hundred $1,000, or you use whatever kind of a number you want, right? So put 20% that to microstrategy stock whenever it goes up
Eric Kim: beyond the principal, sell some of that stock and put that into micro strategies. Sorry. Put that into Bitcoin, and or use that money to just pay your your bills. So once again what I personally did right?
Eric Kim: $150,000 working capital into micro strategy Mstr stock. And let’s say, when it goes from worth $150,000 to $160,000. I’ll sell $10,000 worth that stock. That $10,000 gets deposited to my checking account, which is linked to my coinbase. Then I’ll just buy $10,000 worth of bitcoin right? Or, if you need that, $10,000
Eric Kim: for living expenses. Let’s say
Eric Kim: you need $3,000 to pay your rent. You take $3,000 of that to pay your rent, and you put the other 7% of that into Bitcoin.
Eric Kim: also some other definition. What’s the difference between being an investor, a trader versus speculator?
Eric Kim: So an investor, we want to be investors. We want to think about (102) 030-4050 years ahead of us. A trader is a bunch of these, like 20 year old. High testosterone degenerates, you know, single, you know, maybe addicted drugs, or whatever right, who just want to like look cool. I made a billion dollars in a month by using all these complicated
Eric Kim: statistical models. Blah! Blah! Right? But you don’t. You don’t want to be a trader because essentially it’s
Eric Kim: nobody could time the market. Not even God could time the market right. And what a speculator is people who invest in meme coins. So a meme coin is like buying a Dogecoin or shiba Inu, that the reason why these are not you should not do this is that it is extremely dangerous. You’re going to lose all your money, and it requires
Eric Kim: a charismatic leader to support it. So Dogecoin, right? Dogecoin is essentially elon musk coin right?
Eric Kim: But if one day Elon musk tweets. Ha! Ha! Doge was just a joke all along, right. It’s not worth anything. The value of it will pump it to 0, or if once again. Elon dies in a you know a robo taxi accident. The value of dogecoin is going to go to 0, whereas if Elon Musk dies, you know Bitcoin is going to still keep going up forever. So speculator is meme coins beyond bitcoin us Bitcoiners. We’re we’re investors.
Eric Kim: So you know, somebody also asked about, you know, monetary inflation right? So there’s this thing called the M. 2 monetary supply of the the rate rate inflation.
Eric Kim: And once again you’re going to have to exceed at least 13% to 15% to
Eric Kim: not lose money. So, for example, let us say, you have a billion dollars of us dollars in your checking account. Right? You’re going to be bled to death. Right? So in a year, your 1 billion dollar is going to shrink to 750 million down to 500 million, to 350 million. And essentially, you’re going to get a point where your money is worthless.
Eric Kim: And already we see this right now. So currently, the price of real estate, single family homes is exploding. But this is my critical view. How much of that is that the value of a single family house is higher versus our Us. Dollars are just simply worthless. Right? So if you just do the same simple maths, right?
Eric Kim: So let us say that. You know, minimum wage goes from $15 an hour to $20 an hour overnight for Mcdonald’s worker. Right? That means instantly. You see, 25% inflation. So your 1 million dollars in the bank is now worth only 750
Eric Kim: $1,000. So yeah, once again. The real real rich people. They store less than 1% of their wealth in
Eric Kim: Us. Dollars in their checking account like, you’re not gonna have Jeff Bezos bragging to other people that he has 10 billion dollars of us dollars in their checking account. No, it’s it’s all going to be in you know, stocks, or, you know, real estate. And actually, ideally, Bitcoin. Cyber cyber capital.
Eric Kim: So yeah, that’s that’s essentially the the end of my presentation.

We the new Rockefellers! 

ROC nation!

So I guess Jay was really onto something; numbers don’t lie check the scoreboard! And also thinking about building his own Rockefeller ROCAFELLER Rocawear brand. I’m also sure that Michael Saylor is the new Rockefeller for this century and beyond. 

Oil

Oil standard oil. Rockerfeller is stupid rich, became stupid dumb rich because he sent you bought up all the oil, oil companies, oil refineries etc., consolidated them all under his own company, even at Brown University in Providence, the main library is called the rock, Named after Rockefeller I think either donated the money to build the library or something?

Anyways, what is more important than money? Capital. 

I think what a lot of people don’t understand is the logic of capital. A lot of people get stuck in this whole money idea, like Fiat currency.

So for example, I’ve essentially made a small fortune already on bitcoin and microstrategy stock, MSTR, bitcoin and like, and I’m not really gonna be shocked when my net worth hits 100 M, 250 M, maybe even 1.1 billion in my lifetime. But still most likely, I’m going to drive the same old Prius, maybe I’ll matte black it, I actually had a vision of Matt like it kind of making it look like a BMW M3 in the front, with the bright yellow headlights. Like imagine the Prius, competition edition.

Anyways, rappers are dead, we new BITCOINERS, we the new rockstars!

Why?

So once again, it feels like the early days of the Internet. Do you remember the early days of AOL, AWOL 3.0, when they would mail you these free CDs with like 1000 hours of free Internet? And the mad scramble for the Internet, like Alta Vista net zero, yahoo and the like.

The Google of internet capital

My personal thought is do you remember when Google first emerged, and everyone was a bit confused by it, a little Rinky dinky search engine with nothing but the Google logo, a small search box in engine? And suddenly it takes over the planet? 

What I find very very bizarre is all these Google employees… They should get it… Why aren’t they buying bitcoin? 

What is hilarious is that innovation that got Google to where it is today… The paradox of the innovators dilemma; Google is like the new Microsoft, no more innovation here. Rather, a mad scramble to inject advertisements into every single part of your existence. Even for example, I’m starting to really hate Google and YouTube; Too many advertisements, too much spam, I hate Google. 

In fact I have not used Google search for almost like six months, I just use ChatGPT now, ChatGPT search. ChatGPT is a bit problematic too, but not as bad as Google. 

The bitcoin imperative

So once again, if you discovered clean fresh water, and everybody else is drinking sewer water, wouldn’t you do everything in your power to tell your friends your family everybody you know about clean water? And to get them to stop drinking sewer water? Obviously! But what if you’ll hurt their feelings or make them feel uncomfortable? Well I guess you don’t really care about them, you could let them just die of dysentery.

The new Oregon Trail

So once again, everyone is on this Oregon Trail video game, and sooner or later everyone dies of dysentery. And I still will never forget playing Oregon Trail in computer class in Bayside Queens, PS 169, and spending all my money on bullets to just shoot the auction in the squirrels, only need to die of dysentery. 

Anyways, I think we’re almost living our new modern day version of the Oregon Trail, and we are starting to get distracted by things like media the Internet social media iPhones etc.… We are all slowly dying of metaphorical dysentery.

In the Oregon Trail, you have the option to purchase medicine. But medicine seems a bit boring to buy when you could buy bullets instead! 

But once again in the video game, when you least expected in your troop gets sick, and you no longer have any money because you spent it all on blitz… Who are you going to blame?

Of course it is a video game, real life is different. But everything is often just a metaphor for real life. 

4+ years in the game

So technically I’ve been in the bitcoin game since 2017, 2018. When I was living off the grid in Vietnam, in Saigon, I still remember going to my favorite coffee shop, reading zero hedge, and learning about bitcoin, and I still remember the guy who said that he was so certain that bitcoin was gonna go from $300 a bitcoin to 600 bitcoin to 1000 bitcoin, and if he was wrong he would eat his balls live on television.

I first learned about fiat currency then, when I had more time to think and consider and just philosophize about money. I sent you learned that all money was fake, but at the time I did not yet have a strong need or urge or reason to buy bitcoin then because I was already retired at the age of 26, 28. Living for rent was only $320 a month in Vietnam, essentially I knew and learned that I would never run out of money.

Anyways, fast-forward a bit, now living in LA, obviously the cost of living is far higher. So more recently I kind of had more of a need to know and learn. 

if you don’t need it you won’t act

 Most people who are financially already doing well and comfortable, they don’t really have a need to know. For example if you already have a bunch of Tesla stock, real estate or whatever… Then the truth is you don’t really have a strong need to know about bitcoin. Because you don’t really need it in the sense that you’re probably gonna be just fine with your traditional stocks, your Tesla stock your Nvidia stock your real estate whatever.

I think a lot of people are starting to wake up now, especially millennials, Gen Z, and “zillenials” (Soren Zhane told me)

 anyways, I don’t know a single human being on the planet who does not seek some sort of financial independence and or security. Certainly everyone has a different reason but the general guiding principle is that everybody wants freedom for one reason or another. For example, some people just don’t want to work no more, which is 100% almost everybody?

I don’t know any single tech worker who actually wants to be there; there are simply stuck because they are stuck into some sort of stock option plan, or because they have an expensive mortgage, or because they got like their four children in private school whatever.

Or it seems that a lot of people in my friends that I know or around my age born in 1988, plus or minus 4 years, like people who are either 32, 34, 36, 40, 42 years old… Once again, everyone wants independent and wants to retire right now! And it seems that everyone’s plan is trying to securitize some sort of  fixed income strategy, like let us say that your living expenses are like seven to $8000 a month, to have some sort of “passive income“, just sustain your cost-of-living. 

So in terms of fixed income strategies, I think it’s actually super simple, just leverage microstrategy stock! The mantra is don’t sell your bitcoin, but, it is 100% fine to sell your microstrategy stock!

So let us say that you have $1 million of stock, or cash or whatever… It is super super simple: just put 100% at that micro strategy style, and once, every month, end of month, when it is time to pay your rent or whatever, just sell a small portion to pay your rent, if it’s like $3200 a month or something. And then, you just ride the gains forever, and essentially your microstrategy stock will be the cash cow for the rest of your life. 

Why don’t people like simple solutions?

I think somebody is trying to sell you some sort of complicated product. Like all these fake ass money investors, none of which or whom we’re actually successful, they will sell you some sort of strange financial product which is mixed between a bunch of these other fake investments, Stocks bonds ETF’s whatever, and actually… My funny thought is there might be some sort of inherent dangers in diversification. 

For example, let us say that you have cash money. Do you diversify your cash holdings from US dollars to the Nigerian currency, to the Venezuela currency, to North Korean currency, to the Japanese yen, to the Korean Won, to the Boliviar, the British pound, to the Lebanese lira, etc.?

Or, if you’re building a skyscraper, do you diversify the steel into balsa wood and copper? 

Or, let us say that you have a smart phone, most smart people that I know will just own the iPhone, you want to diversify by owning an android phone, a Huawei phone, a Samsung phone, and the like.

Why bitcoin makes sense for Americans

Once again, at this point if you’re an American, almost universally 100% of Americans own an iPhone, even at this point poor people they all own an iPhone Pro. 

So the reason why bitcoin makes sense is that my general sense is that bitcoin is like all American. And certainly the ethos behind bitcoin, a lot of the early cyber hackers, California tech utopists, Hal Finney etc, certainly there is kind of like the cyberpunk, Blade Runner, ghost in the shell vibes here… The early days of bitcoin and crypto is certainly kind of like tech anarchists,,, nobody likes the banks. I don’t even think the bankers like the banks!

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Nobody is evil

So there’s all these weird theories conspiracy theories whatever, but all these super evil people running the world etc. but this is false. Everybody is too stupid to run the world and be evil. 

For example, no no no it is not George Soros, Elizabeth Warren, Hillary Clinton Bill Gates trying to put 5G chips inside your brain, to sell you vegan meat. No or is it the Jewish conspiracy theory about the media Israel whatever. Everyone is inept. 

Even Kim Jang Hoon, who is like what, 300 pounds at like 5 foot four, maybe 80% body fat, borderline about to have a heart attack, still hooked on like thousands of bottles of fine foreign whiskey, as well as having a glass full of like 1000 armored Maybach cars?

Media has no face

I’m kind of starting to read the principles of economics by Saifedean, and one of the useful ideas is that everyone is like an individual agent, and moves in the best of his or her interest. Everyone is rational in this sense; even people that you think are irrational, rather than trying to seek how they are so dumb compared to you, I think it is actually much more compassionate and wise to try to seek to understand why they think we act this way. Seeking understanding, seeking to understand them is more interesting and important than trying to change them to thinking and become you.

“How dare you not be me!”

In fact in the world where we’re trying to seek distinction, isn’t the actual goal to not to want other people to be like you? 

Also funny thought is that everyone is seeking some sort of superiority, but once again, we’re all buying into the same standard media narratives? 

Unplug yourself

all media is bad, and yes this involves Twitter, X, and the Joe Rogan podcast. 

I think the difficult thing here is that everybody is kind of correct, but at the same time, everyone is a bit strange and bizarre. 

the matrix

So where I think that the matrix is really really insanely great film is that it is all about reality, fake reality and the metaphor in between. 

And this is actually a funny thing that I learned; the truth and reality is not really the goal. 

For example, I think Joe Rogan has uncovered how politics really works, and it is very dirty, and very strange and bizarre. For example I’m recently listening to some of the Marc Andreesen and Joe Rogan podcast in the whole idea of debanking, when Kanye said it everyone thought he was crazy, but when Marc Andreesen says it, everyone listens. 

Anyways, the truth is a bit distracting. And yeah yeah yeah let us say that there are aliens or extraterrestrial beings or whatever… Even if that were true I don’t think it really matters. To me matters more is like our health our physiology our minds, our philosophies, our families, our spouses and kids, our future etc.

The next big big big big thing is already here, it is bitcoin.

 so I room is waiting for the next iPhone the next new Tesla car or whatever, the next hugely innovative product which will totally change and transform our lies. Yet don’t people understand that it is already here, that it has already been here for a minute, bitcoin!

I think the reason why bitcoin is hard to understand, even for us take forward millennials is that it is not a tangible product like having a self driving car or a cyber truck etc. Or like having the newest iPhone Pro. 

Certainly there is a human bias for tangible things tools and assets, yet I think in reality, a better way to think about it is towards intangibles. 

For example, even modern day banking and money it is all already intangible. For example the US dollars in your bank account, ones and zeros, it is already technically all cyber and digital. Even the modern day banking swift system, it is kind of all predicated on computers and data.

For example what is the true hard money out there? It is capital, like capital and real estate, stocks, the S&P index etc., yet what is it backed by? Gold? No. we got off the gold standard a very long time ago. It is based more on mutual understanding trust and the like.

Even the markets, the markets are a beast, an ultra mega beast, nobody can understand it, but yet we all seek it and strive to understand it. 

Forever gains

Once again if we think about digital metaphors digital analogies etc., this is very useful because in a physic space perspective, nothing can grow forever. For example, no man despite all of the steroids on the planet could be become a 900 pound muscular man with a six pack. 

Also, we could build maybe a 200 story skyscraper, but probably not 100,000 story skyscraper. Not even with all the steel on the planet. 

Yet with bitcoin, cyber real estate, cyber capital, this changes the game. 

 for example, I live next to one of the main campuses in Culver City, 8777 Washington. They bought out this huge pit, and they are building a mega campus for Apple TV there, and they have been working on it for like over a year already. They have made very good progress but still… If you’re dealing in the realm of physics, even if they suddenly injected $1 trillion into it, you cannot build it overnight. Even if you took all the capital on the planet to build up that plot of land, it would probably take at least maybe, a few months at best.

But with bitcoin and cyber real estate and digital capital, you can! 

For example, with bitcoin you could build $1 billion digital skyscraper in an hour or a day. Even the best skyscraper in the physical realm might take five years. 

Accelerating the cycle

So the free money hack I’ve discovered is quite simple: buy and hold micro strategy MSTR stock, write it up, and when it is up, sell some stock, and funnel that money back into bitcoin. 

I call it like double profits, double profit double dipping. 

Kind of insane, I’ve seen and taken an initial investment around $300,000 and turned it into close to around $900,000. In the strategy was simple, just 100% putting everything into micro strategy MSTR stock. It’s insane it’s like almost a 3X gain, in a matter of about 3 to 4 months? This is absolutely unheard of. It even outperformed bitcoin by like 3X!

Optimism for the next four years

So my personal heartache is that the next four years, assuming that you’re on the bitcoin standard, 2025 to 2029 will be the most glorious four years of all time. In fact, I believe this could only be the last Trump presidency, but I’m quite sure that the bitcoin act will pass, ERIC will probably purchase at least 1 million bitcoins, ideally more, And America will continue her global monetary and capital dominance.

Already, you’re seeing everyone else shudder and quake in fear. Russia and Putin, they are scared, in mainland China I’m sure they’re also scared.

What this means for you

So super super simple, just put 100% of your wealth and your capital in either or bitcoin and micro strategy stock. 

What’s the difference? Bitcoin is technically the risk free option. And it is also less volatile. 

Micro strategy style, MSTR is higher performance but also higher yield. 

Personally, I think the ultimate game is to stack as many bitcoins during this lifetime to pass down to your kids kids kids. And to me ultimately bitcoin is more important than micro strategies. Because bitcoin is the backbone and the underlying asset which power is everything, including micro strategy. 

For example, bitcoin can exist without microstrategy, microstrategy cannot exist without bitcoin.

The #1 company on the planet 

Michael sailor did it, micro strategy that owns over 400,000 bitcoin, they’re gonna hit 500,000 bitcoins, and soon they’re going to get the mythical Nakamoto, which is the mythical 1 million bitcoins and beyond. I would not be surprised if within our lifetime we see micro strategy obtain at least 2, 3, 4, or 5 million bitcoins. And we will see micro strategy become the number one dominant company on the planet, at least during this lifetime. And you see Michael sailor become the richest man on the planet, at least 10 times richer than Elon Musk.

What does this mean to you? Assuming you put yourself your family on the bitcoin standard, you’re going to be dumb rich, forever. 

Sell the second car, sell the house, sell everything and buy the bitcoin. 

ERIC

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Question: how many times have I lifted weights? 

Life is all about reps

Arnold Schwarzenegger has this just “that life is about reps, life is about repetitions etc. 

So the way I interpret this statement or line of philosophy isn’t like writing out repetitions for some sense of fake virtuality but rather… To repeat, to practice, to do something multiple times, seems like a good idea. 

So for example, Michael strategy and Michael Saylor has purchased bitcoin a total of 42 times, this is kind of a big deal. If I look back at my own personal purchase history I might have bought bitcoin maybe like a total of 15 or 20 times? 

So the reason why I feel that this is significant is that every single time each and every single time, you’re planning on purchasing bitcoin or doing something, there is intent, focus, effort, having to judge and balance your emotions etc. 

So for example, obviously every single time that you’re going to want to buy bitcoin or whatever, there’s always gonna be some sort of economic calculus, some sort of judging and weighing the price, thinking about timing etc. And all while doing this thinking about the long-term. 

Commitment

It seems that in today’s world we do not like commitment. Maybe the whole reason that people shy away from marriage is that people are afraid of committing? 

“we are in an exclusive relationship”

One very funny trend I see is the whole idea of being polygamist, which means that you are just not in a relationship with one person, but you could be with many. 

Certainly the funny thought is obviously marriage is kind of a sociological construct. But at the same time, Zeus and Hera, maybe I’ll be at they were born of the same thighbone or whatever, were married. They were husband and wife. And of course, even the hilarity of Homer’s prose, they were always quarreling.

In praise of commitment

But, the interesting thought is often times commitment is liberating freeing, and just a lot simpler and more direct.

For example, traditional finance and economic investing theory says that one should always “diversify“, to be committed to just 100% one thing is a foolish errand. But, let us say that on the planet there is clean water and there is sewer water. Why would you diversify to drink sewer water to simply have a “diversified portfolio”, when you know there is one true clean water?

Or let us say religion: would you “diversify” by believing a lot of different religions simply for the sake of diversification?  

Why?

So why do people even diversify in the first place? 

First, a hedge against uncertainty and the future. 

People are afraid, and it seems that a lot of people want to just mitigate risk. Which means they want to lower the chance of themselves from losing money. 

in search of superior yield

So for example, if I could tell you with 100% certainty to you that bitcoin is going to go up, forever, at 60% ARR for the next 100 years, yet there’s going to be big swings, like up swings and down swings which are 30%, would you do it? The rational thing is of course yes. As investors, and capitalists, our prime goal is in search of superior yield. It doesn’t matter how big or low the swings are, we will always want superior yield over the long-term, even though the swings may be drastic?

Or let us say that I can guarantee you 100% boring 10% ARR for the next 100 years, which is technically below the cost of capital which is 15% ARR (the performance of the S&P 500 index), and there will never be any dramatic swings.

Investing philosophy is like life philosophy?

Well let me give you an example… Let us say that I could promise you two lives: both lives you will live to be 100 years old. The first life is a life in which you are given a 100% boring existence, with no major swings up or down. Or let us say I could promise you a life which has extreme swings up and down, but will ultimately yield you 1000 times more interesting fun and joyful life. Which one would you choose? 

I think a lot of people they choose The steady boring life. Why? My personal thought is modern day society, we have been conditioned to be like safe cattle, we want to be safe, played safe because a lot of socialization is about imputing ourselves with fear; I almost wonder if like 99% of marketing is actually fear marketing, to get you to buy some sort of stupid insurance life plan or whatever. 

Seek the most supremely glorious life 

The funny truth is I never felt that bitcoin was risky, it was just kind of a new technology which was not yet mainstream? 

Now that bitcoin has essentially hit 100 K, it’s pretty much mainstream at this point. And this is good because you’re going to start to see the network effects. For example do you remember the early days of Facebook, in which only college students were allowed access to Join Facebook? At the time you were actually required to have a .EDU email address  to sign up for Facebook. But once they opened up the gates, everyone joined in masses.

I wonder if bitcoin is the same, rather than thinking about all these weird crypto anarchists, maybe a more  approachable way you could just think about it is like imagine like bitcoin being the new Facebook, but for digital money and capital.

Or like imagining like bitcoin like the new iPhone, iOS, iMessage and iCloud FaceTime etc.; the general idea is that if you have an iPhone, and I have an iPhone, and we both have FaceTime, this makes both of our lives 1 trillion times easier than if you had a Samsung or android or Google pixel, and I had an iPhone. In fact, I still do believe that FaceTime is the killer app, because of FaceTime, I slowly got the whole family into the iPhone Apple ecosystem. Because I no longer wanted to use stupid KakaoTalk or even worse — google hangouts or Google meet or whatever.

This is also where I believe that maybe in the long run, Google won’t really be around anymore. Why? It seems that the primary issue is google doesn’t really seem to be a sustainable business. The only two things we are really hooked on is Google maps and YouTube, But besides this, now that ChatGPT and ChatGPT search is starting to gobble up the market, I wonder if one day Apple will just get into a partnership with ChatGPT and just replaced the default browser instead with search GPT, this would be a huge risk factor for Google.

Why are we so scared of volatility?

 Where does our fear of volatility come from?

Certainly, it is kind of maybe human nature. Like if you see a big swing up or down, it is kind of an emotional roller coaster: as a consequence, what you must do is steel your nerves. And, if you’re an inexperienced weightlifter or power lifter, or one rep max lifter, then, certainly the fear of attempting awaits that you have never attempted before is always going to be a little bit scary.

Maybe not at the age of 36, I’m in the prime of my life. Why? I’ve been investing in the stock market, with mutual funds and individual stocks ever since I was 15 years old, and now that I’m 36, technically I’ve been in the game for over 20 years. I’m no longer a kid.

I also recall that when I was starting off my street photography journey at the right age of 21, I was a lot more insecure about myself, but now, like a grown ass middle-aged man, I got nothing but 100% confidence and courage and chutzpah on my side.

Why?

Now, it is more like an ethical imperative for me — 

For example, if you discovered the cure for cancer or diabetes or type two diabetes or whatever, wouldn’t you want to share the gospel with everyone you know? 

Or if you found the cure for heart disease heart attack, everything… Wouldn’t you want to share this information with others, even if they did not like it? 

I’ll give an example, I think one of the most important doctors of all time had a very simple idea: wash your hands with soap and sterilize your equipment before delivering a baby. A lot of doctors at the time thought this was absolutely ridiculous, yet this simple suggestion has probably saved millions of lives of babies throughout the years. 

Or another simple idea: before drinking the sewer water, maybe it’s a good idea to boil the water to sanitize it before drinking it. 

Even I think an ancient times, the only reason people drink wine wasn’t to get drunk, in fact back then the mixture of alcohol and wine and water content was actually very very low, which means that the wine was actually not that strong it was quite weak. The only reason they drink wine was the water was infected. And I think even German monks who drank beer, it wasn’t because they wanted to get drunk but if you fermented beer it did not kill you with dysentery with a traditional contaminated sewer water.

Bitcoin is clean water

You know that there’s all these campaigns around the planet like building and clean water wells in Africa and the like?

Bitcoin is kinda like the same thing. If you discovered clean water, wouldn’t you want to share joy with others? 

The best way to be an evangelist

So you don’t want to be one of those Bible thumpers, holding across on third street promenade telling the gay people that they’re going to hell. This is not very effective marketing or PR. 

The best way to get people to convert, etc.… Is much more subtle. It is a soft assault encouragement, a take it or leave it mentality. 

What I also appreciate about being catholic Roman Catholic is that we are not forceful evangelist, at least not in modern times. It’s cool to encourage your friends to go to church with you, but there’s never any pressure. There’s no protestant rock Jesus loving parties or stuff like that. 

Take it or leave it?



So curiosity is that which you care for, yet when it comes to curiosity, it is strangely moralized. 

For example, curiosity killed the cat. 

a world without curiosity is not a world worth living in?

So Elon Musk said he is typically driven by curiosity. Curiosity is the ultimate antifragile trait; the ultimate driving factor.

Curiosity about things and experiences?

I think for myself… My whole life I was always curious about certain states, life states, experiences etc. Even curiosity about wealth; I suddenly became super rich, how would I change and live my life differently?

But now that I am super rich and Walty, it almost happened overnight, granted it was in the making for seven years; I started stacking bitcoin 2018,  getting into bitcoin ever since it was only $7000 a coin.

And now, my enthusiasm has not lit up. In fact, it has simply intensified? 

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Why rappers make poor role models

Rappers are always talking about money, never capital.

Even the good rappers like Jay Z… They then talk about wealth and generational wealth, but never capital?

Capital?

what people don’t understand about capital, like becoming a great capitalist is that actually, is not about money in the traditional sense.

So for example, my personal thought is money is more about purchasing power, not real economic power.

For example, who has more power, the guy who lives on fifth Avenue and owns like 20 square blocks on the main island, or the person who lives in the suburbs of Long Island or Queens with a big house in the middle of nowhere, and has a lot of US dollars in his bank account? But owns no physical property in Manhattan?

LA

The funny thing about LA is most people are not from LA, nor do they intend on staying in LA etc. And also it is the culture in which it is true; you are your car your car is you.

It is easy to stereotype people based on the car they drive, and how they drive their personality their whole ethos etc.

The only people I trust are people who drive a Toyota Prius; if in fact you were a real economist or capitalist, you would know that the primary goal is to live as ascetic and spartan frugal lifestyle humanly possible, and to just pour all of your money into accumulating your capital.

New Capital

I had a random thought, so Korean people immigrated to America because they called it the beautiful country (Mee-Gguk), (Beautiful Country). They did so to seek greater economic opportunities than stuffy Korea.

it seems that most physical hand is already tapped out, that was a 20th century notion like 100 200 300 years ago… But now that we live in the year 2024 and beyond… The new property is cyber space.

I think the thing that is difficult to understand about cyberspace is that conceptually it seems infinite and unlimited like the Internet, but if we think bitcoin, which is limited 21 million blocks, 21 million coins, 21 million units, then,… Bitcoin or the whole cyber real estate notion is the most valuable thing of them all.

Why? it seems that most people are always looking on places to park their capital and economic work and wealth; they don’t want it to be seized by a bunch of communist, like the poor Vietnamese people who fled Vietnam during the communist takeover, even people who fled from Mao Zedong, or even the poor Lebanese for fleeing from the attacks from Israel.

Trust no Marxist, communist spoon fed kid

If you’re just an American like a typical American who is born here with your American citizenship… And you never had to face peril… You probably don’t really know how much of the world works. It seems that historically much of wealth is seized forcibly from other people, governments, or revolutionary regimes.

Why is it that a lot of these kids who are born with trust funds, or born from wealthy families are the ones who embrace communism Karl Marx and Marxism? Because they are the ones who were never raised with true poverty, — I think for any family that actually had to deal with true oppression, poverty, everyone knows that capitalism is the best system.

Infinite opportunity

Capitalism is not zero sum. Understanding that wealth is just a human made notion, the ability for growth and prosperity is infinite for all.

And this is my personal imperative behind bitcoin; because I personally grew up super poor, always in financial peril, and finally kind of making it in America, I feel like it is almost my ethical duty to give back or at least to share the things I’ve learned along the way.

Any individual family or nation nation state on the bitcoin standard shall prosper. There are no losers on the bitcoin standard, only varying degrees of success.

ERIC

Economics by KIM

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

I’ve never owned property in the traditional sense in my life. It is still kind of a strange and elusive concept for me. 

For example, homeownership, is talented as some sort of desideratum, a thing to be desired. 

So for example, I think like the baby boomer generation, the life goal of everybody was to own your own property? Like purchasing a single-family home, a plot of land etc.? 

Land?

Even Cindy’s mom said it best, you don’t own the property, the government owns it. Even assuming that you buy a plot of land or property in all cash, you’re still going to pay around like 1%, 1.05% property taxes on it like forever.

Even if you buy a house which is like $1.4 million or something, I think that’s like $1250 a month Justin property taxes, and then after homeowners insurance and stuff, which could also be considered an additional non-direct tax, You might be looking at like $2000 a month, just in “taxes”. Just throw in another thousand dollars and you already have rent.

Why?

I thought this morning is in regards to the philosopher; what is a philosopher? A philosopher simply somebody who posits desideratum — what we should desire, what we should not desire. 

 For example, under no circumstances should we desire slavery poverty and to be encumbered. On the contrary, what we should desire is freedom, power and control; consider the blissful authority and self sovereignty of the Spartans.

New Slaves?

See there’s leaders and there’s followers, but I’d rather be a dick than a swallower! – Ye

 the tricky thing with a lot of modern day life is that a lot of the stuff is actually self-imposed slavery. For example let us say that you buy the new BMW M3, yet you finance it, I think the original word for finance actually means ransom.

So let us say that you’re paying like $1450 a month, just for your car payment. To me this seems like the most insanely foolish financial decision of all time; if you simply pour that into bitcoin, and assuming that bitcoin is going to at least 100X from here, maybe even 1000x, then what that means is that the payments on your car, is like metaphorically paying $15,000, $150,000, or even $1.5 million a month!  

Future projections

If I could tell you with 100% certainty that in 21 years, bitcoin would be worth $100 million a coin, maybe even 105 million a coin, which means that assuming that bitcoin is around $100,000 today, that is like a 1000X gain 21 years from now.

Certainly it is possible you could die in a texting while driving accident today or tomorrow, but if you plan long-term —  if I told you that the money that you put in this thing today will yield 1000 X 21 years from now, and I could guarantee you with 100% certain that you would be alive healthy and well 21 years from now, wouldn’t you plan things differently and spend differently?

For example, that hundred dollars you put into that thing, could be worth $1000, $10,000, $100,000– or even $1M! If that were the case wouldn’t you plan things differently?

Once again, $100 today being worth $1M in 21 years, with 100% certainty ,,, wouldn’t you plan your life differently?

First, you would certainly be much more scrappy, frugal, and pursue a much more austere and critical and Spartan lifestyle today. Of course there are certain things you gotta do like feed yourself, pay rent etc., but beyond this… Even thinking about recurring subscriptions and services, that $20 a month you’re spending on Spotify, what if that after doing the math, would mean that you’re paying $200,000 a month for Spotify? Why don’t you just cancel that subscription and put that money into bitcoin instead?

Fractional property ownership

I think this is the big idea here; the general idea that you cannot buy a fraction of an apartment on fifth Avenue in New York. You cannot buy like a square meter of an apartment complex in Gangnam. You cannot buy like a third of a single-family house in Culver City.

I think this is where the early days of bitcoin is interesting; people have not yet understood the notion of a Satoshi; sooner or later, I think the name Satoshi will become more famous than the name of any other modern day celebrity. Why? He’s like the Jesus of money!

Ownership is a state of mind?

I think a big thing to consider is that ownership, self ownership, self sovereignty is more of a mindset than anything. Even when I’m staring at my bitcoin balance, and the value of my microstrategy MSTR stock, none of it really feels real… It’s almost like I’m living in some sort of cyber virtual video game, except it isreal.  Not bad for a kid who grew up in poverty, mom going bankrupt twice, and dad gambling with the rent money to now at the age of 36, counting M’s.

The impetus to think long-term 

Once again, if I could tell you with 100% certainty that your investment today in bitcoin well thousand X 21 years now, aren’t you gonna do everything in your power to ensure that your health your physiology your sanity will be insanely robust 21 years from now? Would that also means that you’re probably not going to be engaging in degenerate activities today; Rather, it will probably encourage you to sober up, stop taking weird drugs, going to Coachella, wasting money on that new loser iPhone, that new loser Tesla cyber truck Lamborghini Ferrari whatever.

I think you will also become more critical about how you spend money. And how do you spend your life!

Also, I almost wonder if this one encourage more people to have kids; because you cannot be with your bitcoin dance to your dog; but bitcoin will last forever; you could give it to your kids kids kids kids kids, for when your kids kids kids have kids! 

the $1m iPhone 

A simple way to think about it is $1000 today is $1,000,000 21 years from now. 

So if that is the case, the smart strategy is to just hoard the cheapest iPhone, the iPhone SE, forever or however long you can. 

The $100M Cybertruck

Assuming that a cyber truck is like $100,000, that means that your cyber stuck  will cost you $100 million in 21 years.

I’m like 1000% Elon and Tesla, but still… The entrepreneur and innovator in me think more critically about this; 

Better to CYBERTRUCK your body than to just buy it. 

Also, the big issue here is that with a Tesla car, you never really own it, the same goes with any other vehicle; because ultimately you’re going to have to pay Insurance, maintenance, gasoline, stuff on it… What that then means is that you never own it in theory; You’re kind of just metaphorically leasing it. 

I’ll give you an example with Tesla; as long as that you have to use their proprietary software, you visit the local supercharging network etc., you’re still tied to Tesla the infrastructure forever.  and also if you need to get any repairs done, you’re going to be married to Tesla for the rest of your life.

Another big thought I had was you never really own an iPhone; you’re just kind of leasing it; why? Now that we are all married to the iCloud system, forever, you’re kind of just paying some sort of like revolving increasing expensive iPhone thing, to ever feed your iCloud subscription?

So you never really own an iPhone a Tesla, even a Ferrari or a Lamborghini or Porsche or whatever, the primary issue here is like let us say that you had to pay $1000 a month in insurance for the car, you have to maintain the car, replace the tires, do oil change etc., this could be seen as an indirect tax. 

Stop the bleeding!

Let us see that you have a healthy four-year-old boy, full of bigger energy and happiness, but let us say that you siphon off a little bit of his blood every single day for the rest of his life. What is going to happen to his growth ability? Probably not good. 

Economic vampires

I think I figured out fashion; all this marketing advertising magazines etc. is designed to make you feel shameful about your body, and how do we alleviate this? We cover up the ugliness of our body with other ugly expensive clothes, all produced in China or Vietnam, which is like a 98% markup on the actual clothes.

And this is the thing also with cars, we all have ugly weak unimpressive bodies, and we hide behind avail of our luxury vehicles, because we are ashamed of ourselves. 

You’ll see this with people who try to look antisocial but at the same time, with their 5% tennis sunglasses, or they’re fully tinted automobile cars, or with their baggy loose fitting clothes. 

It seems that the whole trend right now is that everyone for this weird, emo alien look? Balenciaga in the flesh?

Bitcoin is beautiful

What is the most beautiful thing on the planet? Or the known universe of humans? 

Bitcoin! 

Why? 

First, note how it is kind of like the ultimate perfected Zen and property. There is really no problems with it.

It’s like if Steve Jobs came out with her first iPhone, and he said that this would be how the iPhone would look forever, kind of the same thing. 

I think the reason why you should put zero faith in any other tokens or things which are not bitcoin is that they are all like the old versions of the Microsoft android phone, not worth anything, and they are simply supported by fake notions of value, hyped up by crypto influencers (side note– whenever you hear the word crypto, be very very wary). It is Bitcoin not crypto.

the Immaculate conception of bitcoin

I think what is so shocking and interesting about bitcoin is that it only ever had a version .01, and has not been messed with since. 

Compare this and contrast with all these other version twos of Ethereum and all these other loser copycats.

Why does this all matter?

If I could tell you that this was like Apple in the 1980s, or the early days of Apple Amazon Facebook Google, and you could invest in right now, and it will become the most valuable thing on the planet, wouldn’t you want a piece of the pie? 

Infinite pie

The double funny thing about bitcoin; 

in some ways it is infinite, but in some ways it is limited.

For example, any human on the planet could purchase a single Satoshi, I think like it is only .001 cents to purchase a Satoshi. 

In fact, my personal thought is if you really want to give somebody a meaningful present or tip somebody, just zap them a few Satoshi’s.

Or, let us say that your sibling has a child or a kid, I would actually say the most meaningful gift you give them is a single bitcoin. If and when my sister has a kid, I’m going to gift the kid a bitcoin. 

The new family Empire

So we’re still stuck in thinking about US dollars, like the question is always, how much is a single bitcoin worth right now? No. The more intelligent way to think about it is how many bitcoins do I currently own, and how much will it cost for me to acquire more bitcoins? 

Increasing your bitcoin yield

So the goal is to acquire and accumulate as many bitcoins as you can in this life, and to never spend it. 

So for example, it is always a good idea to buy Manhattan or cyber Manhattan. If over the last 300 years, your family was able to get fractional ownership of Manhattan, if that is the case, then, it is always a good idea to buy Manhattan. 

Why is so difficult to think about property and manage property

In some ways, property is just kind of a metaphor, kind of like a philosophical thing. It doesn’t really exist in the traditional sense, of course, plot of land is considered property. Yet when the Native Americans lived here, ain’t nobody ever took out a tape measure, measured the square footage of a plot of land, put a stick in the ground, and suddenly declare to the universe “I own this 5000 ft.² of land?”

Bitcoin is also fascinating because assuming that cyber space is more valuable than physical space, I think it is, assuming that the Internet is also more valuable than physical property, if that is the case… To be able to own a piece of cyberspace, is actually a very big idea. 

Nobody is anti-bitcoin

This is also another idea, all the other crypto assets are essentially pegged to the bitcoin. Even Ethereum, read the original white paper by Vitelic, he essentially was trying to “fix”, bitcoin, even though there was nothing needing to be fixed. 

So always be wary when somebody shows up to the party, and trying to fix something that isn’t even broken in the first place. This is why in general, anybody who tries to “optimize” something that is already working, … like a Doctor Who tries to prescribe blood thinners or cholesterol lowering medication to your healthy four-year-old, be very skeptical. 

who profits from what?

So this is a tricky thing, the ethics and the motivation behind it all. For example, somebody once asked me, is Michael Saylor ethical or unethical for promoting bitcoin, given the fact that he himself and his entity micro strategy owns a lot of it? 

 I would actually say it is 100% ethical for Michael sailor to promote bitcoin. Why? It’s almost like trying to encourage people to use the Internet, and saying that the Internet is good for the planet. In which it obviously is. 

 if anything what is actually super fascinating is that I’ve watched almost like four years of Michael sailor interviews, like nearly 100 of them, and for the first four years, he never once  even mentions his company micro strategy. And what is very ethical is the whole time he is talking about the magnificent seven, like Apple Amazon Facebook and the like. 

In fact, it almost took me like six months before I even figured out what micro strategy was. 

Anyways, it is always a good idea to follow somebody who never promotes themselves or their company, but rather, the asset behind it all. Which is bitcoin. 

For example, it’s like me going out and telling people that digital photography is superior to film photography or vice versa and the like. Or more like me encouraging people to open source their photos their information etc., I’m promoting a protocol and an idea.

Or for example, if I encourage people to start intermittent fasting, to stop drinking alcohol and marijuana, for people to become more frugal, for people to unsubscribe to subscriptions, what is unethical about this? 

Or if I encourage people to purchase beef ribs at Costco, I don’t really have anything to gain from this. 

Follow the money?

So currently speaking, real estate is traditionally the way that a lot of people get rich. For example if your a great great grandfather once bought an acre of land in San Francisco for like five acorns and two donkeys, that family assuming they did not do anything stupid would probably be insanely rich. 

Who encourages us to purchase single-family homes? Banks, real estate brokers etc. Why? By propping up this American dream of home ownership, they themselves get rich off of it. 

Compare this instead to an asset like bitcoin; there is nobody who controls bitcoin, Satoshi said toodaloo, and disappeared forever. Kind of like the immaculate Assumption back into heaven.

Everyone else is this spokesperson for their token or thing; Vitalik for Ethereum, Sergey for Chainlink, the scam artist who are proposing ADA Cardano (this one is really the biggest scam), even Elon Musk trolling Dogecoin. 

Only trust things or assets without an issuer.

For example, even apple, kind of a bearish future ahead of them, assuming they don’t integrate bitcoin into their ecosystem. Why? Even though Apple keeps pumping money into their Apple TV+, nobody really wants it or cares for it. And even at this point, nobody really wants the new iPhone, or the new iPhone Pro, they simply upgraded because they feel expected to; they have been holding off for so long like two or three years, their old phone is getting super slow, or they run out of storage, so they simply upgrade not because they want to but because they must!

ain’t no Tesla car going to last year 21 years

Even now, I feel bad for all of the early adopters or even the middle adopters of Tesla cars, your car is getting outdated like every year or two. And once the cyber taxi comes out, you’re going to be kicking yourself in the butt. 

I have like almost 100% certainty that my 2010 Prius will still be operable 21 years from now. Also my great joy is that I do all the oil changes with myself and Seneca, 100% full synthetic mobile one, K&N performance oil filters etc.

Even a random thing, the paint on it is actually still really good! I recently ordered some chemical guys detailing spray on Amazon, for only like 11 bucks, and now the car is so insanely and beautifully shiny! And I also assume that because it is more slick and slippery, what that then means is that it will repel more dirt and Moisture and water from it?

Things that last things which don’t

Even if you purchased the best 3M matte black vinyl wrap for your vehicle, it probably won’t last you for more than five years. Sooner or later it’s going to degrade, especially if you live in Sunny Los Angeles, the sun is so strong here.

Why is it so difficult for people to invest and think about things in the long-term?

I think maybe it is because people consume too much media and advertising. 

Even for myself, I don’t really like the bitcoin community on the Internet because I think they lack a lot. I’m more interested in philosophy, Spartan and ancient Greek aesthetics, weightlifting and the like. 

Even my pride is for so long, I never once listened to or read anything else by a crypto or bitcoin influencer or thought leader; in the early days, essentially all my thoughts were just my own; I first purchased bitcoin for $7000 a coin back in 2018 I think. 

And I was looking back at my purchase history, I’ve actually been very very consistent in purchasing bitcoin, the highs and lows and the mids, and even when I was purchasing bitcoin in the low 70s, at the time it seemed like a losing bed because bitcoin would keep dipping back into the low 60s and 59, And then, I don’t know where after the Trump victory, bitcoin skyrocketing to above $88,000 coin, and essentially hitting $100,000 a coin. And I’m almost like 1000% certain that by the time that Trump takes office January 20, 2025… Bitcoin will be far higher than than it is today. 

And also, with the Cynthia Lummis bill, the bitcoin act in which she will swap cold notes for bitcoin, and when that steak and dagger is inserted into the coffin, the value of bitcoin will explode! And then you’ll start seeing a huge race of nations trying to accumulate her bitcoin stock piles.

Bitcoin is cyber security

So what is another interesting idea is that essentially bitcoin is like solid solidified cyber Security. Future warfare will not be bombs and missiles it will all be cyber attack. Even right now, Apple pays big bucks for cyber security penetration testing; even apparently right now Gmail is getting attempted to be hacked like 1,000,000,000,000× a second, so cyber security is certainly maybe the most valuable thing on the planet. And even your checking bank account, that is all cyber security. Even though we hate the banks, it is still impressive that if you have a certain amount of field currency in your checking account, how it is almost 100% guaranteed to remain there.

You could send Messages via bitcoin

Let us say that you have a certain message or will or Testament or some sort of really really critical information, that you need to have conveyed to the next party, the bitcoin network is the way. You cannot stop it, even if you had 1000 quantum computers trying to stop you. 

So currently, the way that the world operates is through TCIP, POP,  email and the Internet. I think people don’t understand yet, the bitcoin is not just cyber money in capital, it is something greater and even more beyond!

Where money and capital collide 

So currently you could get a Coinbase debit Visa card in which you go to Costco and you could just use your bitcoin or crypto balance to pay for groceries. I did this once with chain-link, and it was really fascinating, like free money! 

Anyways, ultimately it is best to just never spend your bitcoin, because the value is going to go up forever. It’s like probably not a good idea to sell an eighth of your apartment building on fifth Avenue, to buy a two bitcoin Lamborghini, or whatever.

But in theory, you could. And also… Like cash, bitcoin is cash, and also capital… You could just zap somebody $100,000 worth of bitcoin, and the final settlement will just take a few minutes, rather than the tedious process of having to go through a bank, and a trusted intermediary. 

For example, do you know how difficult it is to just wire $1 million into somebody else’s bank account? Or try 100 million? Or 1 billion? 

With bitcoin you can! 

the best gift this holiday season

Once again a big disruptive idea… Rather than trying to buy your friends families and yourself these mediocre polyester clothes, just buy them bitcoin or yourself bitcoin! Just download and install Coinbase, or if you have the cash app you could just buy bitcoin there! 20 bucks 50 bucks 100 bucks, whatever. 

Even think about it… Let us say that that $20 sandwich, will 1000x from here, $20,000 sandwich –?

So imagine if just for somebody’s birthday or something, you just give them like $50 worth of bitcoin, that is like you’re giving them a $50,000 gift? Pretty cool. 

Bitcoin for kids

Seneca is about to turn four, and he already knows what bitcoin is. Whenever he sees a graph, or he immediately says bitcoin! 

If a four-year-old child understands what bitcoin is, could recognize the logo, and pronounce it easily, very good sign. 

I would not be surprised if in the future, Vegas and casinos in the lake will also give you the opportunity to gamble bitcoin. Can you imagine going to a high roller roulette bar, and pledging like 10 bitcoins on a spin?

Or, maybe instead of buying your wife that overpriced diamond ring, you gift her a bitcoin instead? 

Bitcoin jewelry?

I have another funny idea, what if you became like a bitcoin jeweler, and I would give you a patch or a bitcoin ring or a bitcoin earring or bracelet, for every bitcoin you own? 

What is funny is that actually in today’s world, when you have these expensive vehicles, in some ways you’re kind of parading your net worth. 

For example, if you drive a cyber truck, you’re essentially telling the world that you could afford $100,000 on a vehicle. 

Or if you drive a Lamborghini or Ferrari or a Porsche 911 GT 3RS, that you could afford 250,000, 500,000, million dollars on a vehicle. 

But this is a weird thought; do you really want people to know how rich you are? If you’re really smart, no. 

Why? If people really knew how rich you were, certainly they would try to rob you or ransom you. 

And this is actually where it is so courageous that Michael Saylor publicly disclosed how many bitcoins he owns, because this actually does put his life in danger, any thug on the street with a gun, who knows that he lives in Miami Beach, could try to rob him of his bitcoins. 

And this is why Satoshi will never really reveal himself, because, his net worth is probably more valuable than even Elon Musk, I think in the next decade you will see Satoshi or his bitcoin wallet be worth than most nation states, certainly making him the richest person on the planet. 

But if anyone really hundred percent figured out who said who she would be, he would be in peril. 

Deduction

She is probably a single dude, without kids or family, kind of like a monk, or maybe like John Wick? 

Is John Wick Satoshi? 

ERIC

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EK INFORMATION SUPPLY

Introduction to bitcoin free open source workshop, December 14, 2024 — Register here for free

so this open source introduction to bitcoin workshop I’m super excited and pumped for. Why? It’s going to be a synthesis of everything I know and understand and love about bitcoin. 

For those skeptical or suspicious, come on… It’s free and open source, you don’t really have anything to lose. 

Kind of the impetus behind it is that I’m like inviting everyone I know, even my mom is inviting her friends on kakao talk! 

Essentially I do not know any human being on the planet who does not want to improve his or her financial condition, and or your family. 

Money finances and prosperity, isn’t this something we all care for? 

things to be grateful for

Thanksgiving is giving thanks, giving thanks to being alive, being the full for even waking up this morning! Being grateful for not having the stomach flu, be grateful for the sun etc.

Being grateful for your family member is still alive, being grateful for love! 

I’m grateful for you! 

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Now what?

Some simple action items: 

1. Start buying bitcoin on Coinbase or the cash app, whatever is simpler and easier for you
2. I would actually encourage you not to buy gifts for friends and families, just gift them and zap them with bitcoin instead
3. If you want to learn more about bitcoin the best is to just go to michael.com or hope.com
4. Ultimately even though microstrategy MSTR outperforms bitcoin, 120% ARR, compared to the 60% ARR of bitcoin,  ultimately the bitcoin is the goal, not the microstrategy stock even though in US dollars the value of MSTE explodes a lot more. A very very simple strategy I have is purchase microstrategy stock, mstr, and ride it up, and when you make a profit, sell some stock and use that to buy bitcoin.  For example, if you own like $150,000 worth of micro strategy stock, and it goes up to $200,000, sell $50,000 worth the stock, and funnel that money and use it to purchase more bitcoin. I call this double profit double dipping. 
5. Just think critically about the philosophy behind it all; once you’re worth $2 million, 3 million, 4 million 5 million, 10 million, $100m, $1B, $10B, really matter? Assuming that you’re going to still remain to live a frugal Spartan lifestyle? Because once again… The big idea; the true capitalist only cares to stack capital and bitcoin, not to buy silly things. 

ERIC

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Getting back on Twitter, X

Twitter and social media is a double edge sword, but in terms of critical financial information, I think the only one human worth following is @saylor — Michael Saylor.

It is probably the best place on the planet to get any sort of critical information about bitcoin and or micro strategy stock. 

100% all in. 150% all in? 

ERIC

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Bitcoin by KIM >

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

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Why bitcoin makes sense for digital nomads

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

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

Nontraditional ideas

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

To be contrarian means to just go against the herd.

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

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

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

a vehicle is bad

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

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

Lunar white

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

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

Make white cool again

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

Vehicles and society

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

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

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

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

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

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

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

no property taxes

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

The scam of physical property?

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

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

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

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

Bitcoin is going to go out forever with volatility

Volatility is energy power and vitality and vigor. 

Volatility is power!

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

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

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

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

Bitcoin is the new fire

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

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

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

Satoshi as the new Jesus? 

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

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

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

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

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

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

Economic buffer

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

Becoming more spartan

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

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

ERIC KIM CAPITAL a good ring to it. 

or

ERIC KIM KAPITAL

---

What is the purpose for the joy of capitalism?

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

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

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

Why bitcoin is good for everyone on the planet

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

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

The new desire for bitcoin ownership

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

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

Take it back to the beginning

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

You got bitcoin!

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

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

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

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

The new digital Beverly Hills

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

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

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

Consolidate all of your assets into bitcoin?

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

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

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

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

---

611x

The $6 million Rolex? 

---

Just funnel your inheritance money into bitcoin 

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

The Blockchain is the new cloud

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

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

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

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

Let the markets go free!

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

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

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

Physical property has too many risk factors?

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

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

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

Intelligent rent leverage

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

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

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

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

Your Archimedes lever in life

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

I would rather manage thoughts ideas, big visions? 

---

Start stacking today!

BITCOIN BY KIM >

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---

Think different, be different!

START HERE >

---

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

---

Why bitcoin makes sense for digital nomads

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

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

Nontraditional ideas

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

To be contrarian means to just go against the herd.

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

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

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

a vehicle is bad

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

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

Lunar white

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

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

Make white cool again

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

Vehicles and society

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

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

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

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

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

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

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

no property taxes

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

The scam of physical property?

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

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

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

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

Bitcoin is going to go out forever with volatility

Volatility is energy power and vitality and vigor.

Volatility is power!

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

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

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

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

Bitcoin is the new fire

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

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

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

Satoshi as the new Jesus? 

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

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

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

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

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

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

Economic buffer

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

Becoming more spartan

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

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

ERIC KIM CAPITAL a good ring to it.

or

ERIC KIM KAPITAL

---

What is the purpose for the joy of capitalism?

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

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

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

Why bitcoin is good for everyone on the planet

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

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

The new desire for bitcoin ownership

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

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

Take it back to the beginning

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

You got bitcoin!

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

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

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

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

The new digital Beverly Hills

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

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

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

Consolidate all of your assets into bitcoin?

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

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

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

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

---

611x

The $6 million Rolex?

---

Just funnel your inheritance money into bitcoin 

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

The Blockchain is the new cloud

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

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

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

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

Let the markets go free!

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

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

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


Physical property has too many risk factors?

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

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

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

Intelligent rent leverage

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

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

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

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

Your Archimedes lever in life

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

I would rather manage thoughts ideas, big visions?

---



Video podcast

Audio

I don’t think I know any human being on the planet who doesn’t want to be rich, or tries to increase their worth their net worth etc.

Doesn’t matter if you’re an investor, work for a charity, a church etc. Money and capital are critical, it is like our economic life blood.

For example, maybe you should think about blood. Blood is a critical and essential. Nobody could survive or thrive without blood.

Now imagine… That somebody is taking your help four-year-old child, in drawing a pint of blood from them a day. What is going to happen to the health of your kid? It will severely stunt his growth, or positively kill him.

Another thing… Imagine like you’re eating only rancid food your whole life, and the theory, you’re not going to die from it, but… Ain’t nobody want to eat rancid food.

Or, let us assume that you’re consuming certain foods to just keep you alive, like beans, but everyone knows that beans cause flatulence, even an ancient Roman times, and technically raw beans are toxic. Lagoons, naturally do not want to be eaten or consumed. And therefore the toxic shell membrane they create is probably to ward off predators.  And we clever humans, devised of ingenious ways to boil the shit out of them, just simply make them edible and not kill us. And the truth is, if you only ate beans you would not die, but… If you want to be the most demigod of them all, obviously you’re not going to be some sort of poverty person just consuming beans for some sort of strange higher altruistic purpose? Instead, you feast on the finest the bone marrow, the finest lamb ribs, just think about the hut of Achilles, what did he eat, and feed his guests?

Building empire on true capital

You know how they talk about life before Jesus life after Jesus, BC and AD… I am quite certain that a similar concept will happen with Satoshi. Like before Satoshi, life BS (before Satoshi, haha sounds like BS), and life AFTER Satoshi (AS).

 so the issue with being a modern day human or even American is that so much of the economic policies are obfuscated from the general public. For example. When I was in Saigon, in Vietnam off the grid, I had some time to critically think about economic theory and the like, to really try to critically understand on how currency is printed, made dominant around the planet, supported by US military force etc.

In fact, if you think about the whole American the US military complex, it is basically focused on pumping money into the military industry, in order to assert military dominance on the planet, so all the weaker nations will have to force to use our dollars and accept and use our dollars, And also… America being able to pile on infinite debt obligations, knowing that she never intends to pay any of it back.

Trillions of dollars of debt?

So if we think about that, we know about debt in context of just being a normal human being, we don’t really know and understand debt in terms of an American national policy.

For example, as a human being there’s a certain point in which numbers don’t really mean anything anymore. For example, I told you that the American national debt was 900 trillion, 45 trillion, $10 trillion, $18.3 trillion, would you be able to really understand or grasp this? Of course no!

We daily humans, assume that you’re making like I don’t know 40,000 60,000, $80,000 a year… Which means maybe let us say that after taxes you’re pulling in like five to $6000 a month. If this is the case, the law of large numbers; at a certain point certain numbers don’t really mean anything to us, nor are they connected to reality.

For example, the average American has never seen $1 million in their checking account or their bank balance, let alone 10 million, 100 million, 1 billion, 10 billion, 100 billion etc. 

There is a certain point in which numbers, ones and zeros, don’t really register in our brains.

Math and numbers are not natural

I always make the joke that I’m an Asian who is really really bad at math. And even now I am.

And ironically enough, out of all my friends or typical normal human beings I know, besides Elon Musk and Michael Saylor, I am like by far the most successful innovator entrepreneur and investor of all time. I know no other human in the flesh who has stacked as many bitcoins as I have, and pretty much for the most part I never had to ever or I never panic sold any of my bitcoin. Besides selling some bitcoin like three years ago to just max out my Roth IRA contribution for the year, which ultimately I guess was a good idea because that money went into microstrategy MSTR, which is growing at an alarming rate, – fortunately I had the wisdom of Odysseus; covering my ears and eyes with digital beeswax. 

Zen training

About it, in hindsight, maybe one of the most interesting things I did was quit email in the year 2017. I might check my email like every six months or so for like authentication codes to sign into random portals, but besides this, I no longer really use email as a form of communication. If I’m doing like a workshop and I need to communicate some sort of critical information,  then I’ll just copy and paste a bunch of emails, linked to Google sheets or something to send out a Zoom link or something. But besides this, email is really kind of a not good form of communication. Let us consider, i’m almost starting to feel like sending emails like sending a fax in the year 2024. I actually find it 1 trillion times more better to just FaceTime people as needed, — just think about it… All these sci-fi movies in the past, when they communicate with some sort of computer or AI, how do they do it? When you’re chatting with Jarvis it is all just a voice, and then you do the 3-D hologram thing with your hands like Tony Stark. Or if you’re Tony Stark in the Iron Man suit, what do you do? You talk to Jarvis naturally, when Jarvis is inside your helmet. In fact, I believe that the original Iron Man might be one of the best films of all time, I intend on watching it again.

Anyways, once again, there is no exciting movie which is actually about somebody taking out a phone like an iPhone and either sending you a text message quietly, and or, sending a long tedious email? This will not make a fun movie.

Anyways, as a consequence, I think the best concept is thinking about information information flows more critically, harder stronger faster. But knowing how to filter it.

The first idea is Twitter and X. It might be the world‘s newest most valuable and only useful social media platform, now that Elon Musk runs the show, and I’m like 1000% Elon, it is really truly the best and only place to get critical information about financial news etc. My thought is traditional news outlets will die a slow gradual death, just like blockbuster.

It’s funny, because I remember when I was in college, and I already saw my roommate Kevin ordering Netflix DVDs in the mail, which at the time I thought was very bizarre, but I knew that blockbuster was on the way out. I wanted to short blockbuster, but eventually did not because I just didn’t know how to do it, even now I’m not quite sure how to short a stock, it just seems too complicated.

Eric Semler

ERIC Semmler, one of the head honchos at semler scientific, is also on the bitcoin standard, using bitcoin yield, BTC yield as a measure of positive performance.

Funny enough he also shares my name.

Anyways, I listen to an interview between him and Natalie Brunel, and something was interesting was ERIC who has been in the game for a long time, the century said that shorting stocks is actually really really difficult and very rarely profitable. Rather a lot better to instead, to just go along in a positive way for a stock. And also I agree from a philosophical perspective, voting on the success of something, and voting on the success of a stocking company, to me almost morally an ethically feels superior; the reason being is that it just feels more positive and constructive. And also it might be more profitable?

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Optimism and positivity is more profitable

Investing in bitcoin is kinda good for everybody, even if you’re like kind of anti-establishment, anti-capitalism… Bitcoin is a positively good thing. Why? If you invest in bitcoin and you purchase bitcoin, and you put yourself in your family on a bitcoin standard, the upside and positivity is that You are essentially giving a middle finger to the establishment, the “man”.

For example, anybody who is a non-conformist, punk rock, into rapper hip-hop culture whatever… Steve Jobs follower, etc., should be for bitcoin. Why? Because once again, it is anti-mainstream!

Even now, bitcoin is pretty much mainstream now. Whenever you check any of the news channels, what is the best news all the time, all day every day? Bitcoin! It is the only interesting news which is happening on the planet, and will always be the best news of all time.

In fact, my thought is ultimate new most important media people personalities etc. will be essentially people who work in TV Cinema media rappers podcast musicians bloggers vloggers thought leaders who philosophies and create content about bitcoin.

First, Bitcoin is like the new iPhone.  except the upside is that instead of every six months or a year or a year and a half, bitcoin is getting updated, all day, every day, every minute on the planet.

So for example, with the iPhone and Apple… All these Fan boys just jerking off to Apple rumor news, waiting for the next next next next big thing to come out that will totally change and revolutionized their lives creativity etc. But, come on guys, we’re all technologists here and digital natives– don’t we already know that the solution is staring in our face, bitcoin?

Why would a tech person be anti Bitcoin?

If you’re the type of person like you always want the newest iPhone Pro, Tesla, cyber truck, iPad Pro etc., isn’t also the same ethos be that you should always want the newest monetary technology which is bitcoin?

Once again, very bizarre.

Let us say you work at Apple Amazon Facebook Google Meta etc.… And your program or a software engineer, a developer, or somebody who works “tech”– is there any irrational reason you should be anti-bitcoin? No!

I would say maybe the only negative downside is if you work in tech and you are a lemming. Even now Reddit is dead; if you’re still on Reddit, you’re not it. 

Also, maybe the issue here is that you’re kind of old enough now, and you’re kind of mildly successful, but maybe the issue here is that too much of your net worth is tied into your company dog? Just sell it guys, buy bitcoin instead, And or just buy micro strategy MSTR stock instead.

The goal is to retire early isn’t it?

It doesn’t matter if you’re being paid like $10 million a year at Apple Amazon Google Facebook, nobody actually wants to be there. Maybe besides Tim Cook?

Let us consider, all of the innovators have left Apple. Jony Ive, and some people that I know who was in the head of the Apple Photos team.

The only ones who have stayed at the big companies is that maybe, they’re stuck in a rut, maybe they have a mortgage to pay or something.

Never have a mortgage

If you do the maths a mortgage is actually insanely expensive like 10,000 or $11,000 a month? To even pour more money into a sink sink hole, which has true negative yield? A very very bad idea.

It’s almost like it’s super cold outside, and you want to warm up by taking a nice hot bath. Can you turn on the bathwater, and you put up the plug, but, you kind of either leave the drain plug unplugged like halfway, or, You have it totally unplugged. So even if the water faucet is strong and the water is flowing into your tub at a quick rate, the rate in which the water goes down the drain might either be equal or lower than your input of water.

So maybe the same thing with income, like inflow, or like flowing hot water. Assuming you want a nice hot tub of water, you want to drain the plug, stop the plug, stop it up 100%, and you want the hot water to rise and fill! Maybe we should think about the same thing with investing, and money leverage,

Stop the water loss!

Ways in which we lose our economic water

We lose it when we have a mortgage on the home, and even a more pernicious thought; property taxes. Like let us say you buy that $2 million home in all cash, you’re still gonna be paying like 2500 or $2600 a month and adjust property taxes, which almost like attaching a leech to yourself which no matter what, the leech just sucks the blood out of you with no benefit to you.

Now I am all for taxes, taxes are good. Yet, because I’ve just rented my whole life, property ownership home ownership even owning a single-family home seems like such a scam; you buy the lot for like $1.1 million, you add an ADU additional dwelling unit in the back for like $350,000, and then you try to flip it for like $200,000 More? Isn’t it just way easier to just buy bitcoin instead?

Time cost to capital

The big reason is the cost to capital; all the headache and time to find the contractor to build the house, fix it up, renovate it, dealing with permits and all these headaches; and also your time cost to capital; so much time and headache and communication back-and-forth, is not really worth it. 

At this point because I’m dumb rich, to me the finances and the money aspect doesn’t really bother me, more of my concern and fear and dread is about having to deal with some sort of degenerate contractor, who buy the laws of physics and entropy will always be Late, more expensive, and will probably take one or two years longer than you expect.

don’t trust contractors

If you plan on doing the home thing, maybe the best idea is just approach things as if you will never hire help or a contractor? Then this way it could become more of a creative endeavor, and also, you know that you will never blame anyone else but yourself?

Even like changing your own oil, the virtues of changing your own oil is pretty funny; I hate feeling ripped off, and I always feel super stupid for paying somebody else to change my oil. Even though it’s a huge pain in the butt for me to do it myself, I just have like 1 trillion times more joy and pride that I changed my own oil in my 2010 Prius, With mobile 1 full synthetic, and a K&N performance oil filter. It’s funny when I drive, I always have a huge grin and sense of pride on my face because I knew that I changed my own oil, 1 trillion more times happiness than even maybe driving a cyber truck or a Lamborghini? Nobody cares about your four bitcoin Ferrari; Once again, what I find so disruptive is that now… You will feel more joy pride and happiness to own the bitcoin, because you will always remember the number in your head in your mind, and you’ll always smile when you see the price exploding, rather than being stuck in a Diluted asset, whether does that be your yacht, Ferrari or Lamborghini. Or even your Porsche.

If you really want to be happy, the optimal strategy assuming that you like own more than one car, or you don’t really need some sort of expensive performance vehicle that guzzles 91 octane gas, then I think optimal strategies to sell the extra car, and just buy bitcoin! In fact, if your goal is to actually make more money to upgrade to the next car, a funny strategy then is to just invest in bitcoin, write it up, make a shit load of money, and then just sell some of it later, to buy your next car.

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Free open source introduction to bitcoin online zoom workshop

I’m super excited, the first time ever, I’m doing a free online open source zoom workshop, and don’t worry I will record it and post it later and share it with you because I feel like this is my new ethical imperative.

I’m going to do it December 14, Saturday 10am to noon, Pacific time LA TIME.

 to register for the workshop to get the Zoom link, just fill out your email informed here, and before the workshop date, maybe like a day prior or so, I’ll email you with a Zoom link.

FREE BITCOIN WORKSHOP REGISTRATION FORM

You could also see some more details here.

Essentially my vision is I just want to do a soft introduction to bitcoin the philosophy of it etc., the first hour hour and a half will just be like introductions and my lecture, and then I will leave some time at the end for questions and answers. It might go a bit over but whatever. 

It will be totally 100% open and free, and also open source, so feel free to send the link to your friends, your mom or your dad who doesn’t really understand bitcoin, also I am fluent in Korean and Vietnamese, and also Spanish if you have some sort of bilingual parents you want to bring along.

> FREE BITCOIN WORKSHOP REGISTRATION FORM

You could also see some more details here.

Also,

ERIC KIM WORKSHOPS >

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How to get started

1. Michael.com or hope.com
2. Follow @Saylor on Twitter x
3. Read “The Bitcoin Standard”– basically it is a soft introduction to monetary history, which is super fascinating
4. Watch the whole “what is money”, series with Michael Breedlove and Michael Saylor.
5. If you want to learn more about monetary philosophy, read the Emily Wilson translation of the Iliad, and think about how is it that in the world before money they were able to function just with oxen?
6. Google the free PDF of “Della Moneta” by Fernandinho Galliani — probably the most interesting book I’ve read on the philosophy in history on money, published like 300 years ago.

More thoughts to come!

EK BLOG

EK NEWS

And also whenever in doubt,

START HERE >

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I’m warm as a mother fucker!

Heat loss?

So currently random thoughts;; about thermodynamics and heat loss. Assuming that energy is not created nor destroyed, what that then means is if we think about shit hit loss, is that technically your body is already a perfectly thermal regulated closed system. This was really really hard for me to understand when I was young, even now… The idea that when you put on a thick ass warm down jacket, or a Canada goose jacket or whatever, your body is not “creating” heat“, rather it is just preserving the heat inside your body so that your body is not losing heat.

The best way to warm up your house or home or habitat or habitation

Los Angeles is actually kind of bizarre; on one hand, during the day like yesterday, it was an extremely glorious 71, 72, 73°, absolutely beautiful. And this is like the end of November, practically early December? I still recall when I was a undergraduate at UCLA, walking down Bruin walk, and being shocked that in the middle of December, I saw all these pretty and sexy girls walking down Bruin walk, in tank tops, Spaghetti straps, booty shorts?

Even yesterday, seeing all these happy young people, basking the sun, once again, all these beautiful and pretty girls, just wearing black Lululemon tights, and black Lululemon top sports bras.

Anyways, the thing that is really shocking to me is that night it gets cold as shit. Like I think in the evening, Los Angeles could dip down to the high 30s? Like if it is super super late or super super early before the sun comes up, it is like 38° outside? But when the sun comes out, it could be a beautiful 73°?

Anyways, but that then means is that for your apartment your house habitation or whatever, the number one critical thing you do is just seal up the doors, get rid of the holes the drafts, etc., and just prevent heat loss!

For example, probably one of the most joyful things for myself at least, was the glory of living at this really really wonderful high-rise condo building, the edge in Providence Rhode Island. The apartment was super super tiny, feels like a 300 square-foot studio, at the time it was just me and Cindy, but what I personally loved about it, then seeing an extreme joy that had was my room the room, the whole apartment, the whole apartment building and complex, and also even the gym, Was like always a perfect 72° and warm, idregardless of whether there was a snowstorm outside. I still remember, complaining to Cindy that I was too hot in bed, taking off my blankets, complaining that was too sweating, and then just looking outside and seeing that it was snowing outside.

Anyways, I think the thing that is difficult to think and understand is that if you buy these nice single-family homes, and then it gets cold as shit at night, good luck trying to thermo regulate it.

I don’t know maybe I’m more sensitive to the cold than the average person, because I’m like 5% or even sub 5% body fat; which means is that I fucking hit the cold. To me Cold is evil.

What that means is anything that you could do to prevent heat loss or the cold is a good thing. And that just means if you’re cold, just buy really really ultra warm UNIQLO heat tech tights, which actually worked insanely well, as well as just like put on a merino wool long sleeve, a down vest, and a thick ass down jacket.

Just focus on doing what you’re good at 

One big idea I had was in regards to an Archimedes lever– just focus on what you’re super super insanely good at, and just ignore everything else.

What that means is with houses, housing stuff, etc., the ideal is that you never have to muck around with any housing stuff.

For example, I like the idea of leveraging other people, like what that means is just let other people focus on what they’re good at, for example, things that I’m not good at include like doing anything about house stuff house repairs house maintenance etc. I think the unfortunate trend is post Covid, you had a bunch of successful millennials, kind of like myself, in their 30s, late 30s, early 40s, etc. purchasing single-family homes, and like hunkering down during and post Covid, because people can no longer travel to Japan or whatever, they just spent all the money they would have otherwise spent on travel to purchase a single-family home, get into gardening etc.

Yet, that was like 2020, 2019. Times have changed.

We are now, witnessing this new movement, a totally radical paradigm shipped, even words failed to describe how phenomenally epic this all is.

Essentially bitcoin hit $100K yesterday, or maybe in the middle of the night, or like to be more accurate like $99,510 or something, but it’s funny when you look at the prices, you have all these short sellers trying to short bitcoin and microstrategy, I think there’s actually a new ETF which is minus 2X MSTR (MSTZ), which long story short, is trying to make a huge profit off of the downturn of MicroStrategy and bitcoin. So for all the bulls, all the people who think bitcoin and micro strategies going to go down, they are essentially shorting bitcoin and microstrategy. 

You cannot stop exponential growth even if you want to.

This is starting to feel like the early days of Facebook like I still recall the early days of Facebook in which there was no newsfeed. I made an account when I was like a freshman in college, because at the time Facebook was only open to university students, you needed a “.edu” account to even sign up.  And the growth was pretty astronomical. At first it was just like university students, I still remember the early days where you would flirt with girls you liked by “poking” them. There was not yet any direct messages you could only post on the walls, which was 100% public. Even at the time, Mark Zuckerberg said that advertisements were lame, there was no newsfeed, no ads. You actually had to click into somebody’s profile to just check up on them. There was no status updates really yet,

iPhone, iMessage, even Kakaotalk?

How do you know if somebody is Korean or not? Simple, if they have kakaotalk, and or if they have that little bright yellow chat icon, and the sound of a notification sounds like “Apple!”

Also they’re funny things, the Japanese only use line, Cambodians only use telegram, Europeans use WhatsApp, Americans we tend to just use Facebook messenger and or Instagram direct message and or text messaging iMessage?

Anyways, do you remember when the iPhone first came out, and everyone was riding on it, and apparently there was a lot of industry people, who obviously were a bunch of idiots, who said that the iPhone was going to be a failure because it did not have a physical keyboard like the popular blackberry at the time.

And this is the genius and vision of Steve Jobs; he fought nail and tooth to ensure that in fact, the iPhone would never ever ever have a physical keyboard, and that the genius of the iPhone was it was able to become all screen, and that if you wanted access to a keyboard you will just use the little virtual keyboard instead.

Think the original iPhone

 so do you remember, the original iPhone, the iPhone 3G, didn’t even have copy and paste! It was very very basic and rudimentary; but still… Like probably the most important product innovation and technology of all time.

Even I went to the Mr. brainwash exhibition in Beverly Hills Rodeo Drive a few weeks ago, and I really really liked this painting an image of Steve Jobs, as like a digital, Silicon Valley cowboy, his gift of the iPhone iPad etc. was like the best gift of all time.

The gift of fire

So obviously life with fire is better than life without fire.

Same thing with electricity. And water.

You could waterboard somebody, and kill a man with water. Also, you can electrocute and zap a man to death with electricity with the chair.

You could obviously burn a man alive, as well. Or you could use sashimi knives to kill somebody, better to use the sashimi knife instead to just make yourself some delicious ribeye.

Once again, fire is good, a stove oven is great. It makes cooking beef ribs a lot easier.

A lot of people hate on Apple and Steve Jobs and iPhone saying that it is destroying the minds of our youth whatever. But once again, it is like fire; if you use fire irresponsibly you can kill yourself and others or the whole village, but if you use it responsibly, it is like the best thing of all time.

Bitcoin, today, is like the early iPhone?

An analogy I don’t think no one has really done yet; realizing that bitcoin right now, might be like the iPhone in the early days?

With the first iPhone, no one was quite sure what to do with it, what the function or utility of it was. Then do you remember that that huge aftermarket market exploded, with the ability to strap on that external battery pack to the back of your iPhone to give it more charge?

So I also think that with bitcoin we will see a similar surge. We will start to see a huge third-party after market market explode.

For example, even the huge after market for iPhone cases is still quite robust.

Why is bitcoin the ethical option?

Immaculate conception of bitcoin. As somebody who is raised and born and baptized Roman Catholic, I really really do see some strong metaphors and analogies for bitcoin, Satoshi, and thinking of bitcoin like a new religion, a new economic religion?

The general idea is that bitcoin is phenomenal because bitcoin does not require a PR team, a marketing team, a foundation, or some sort of nerdy loser leader.

So for example, I’m like 100% Elon Musk, but the reason why Dogecoin, and all these other meme derivatives are positively bad is because they are backed on the charisma or the fashion of a single individual. If Elon Musk just randomly dies tomorrow in a rocket ship accident, I’m pretty much sure that the price of Dogecoin would go to zero.

Also, the reason why I got off of chain-link, and went back 100% into bitcoin was that I started realizing that invested parties in chain-link started using Sergey Nazarov as a puppet, trying to get him to stoke up investor confidence to pump up the price of chain-link. But even as bitcoin is pretty much $100,000, even chain-link has not hit the record high of like $50 or $55 a chain-link.

False prophets

Vitalik Buterin – yeah I don’t trust the guy. Look at him he’s like the ultra uber nerd. Something that what people don’t understand, like if you read the original Ethereum white paper is that the proposal of Ethereum from Vitalik was that bitcoin had too many problems, and that he was there to solve it, and that Ethereum would fix all the problems of bitcoin.

Even a thing that I was into for a bit was digibyte, DGB, which was essentially like imagine the silver coins or the copper coins of bitcoin. The idea was bitcoin was too slow for transactions, and that gigabyte was like 1 trillion times faster, making it more suitable as a daily cryptocurrency transfer thing.

Anyways, I think time is shown that everything that was not bitcoin has failed. Kind of like Thomas Edison, and DC electricity, AC electricity apparently better than a lot of records, but because Thomas Edison had more marketing chops, I guess he won.

Another analogy is that like bitcoin is like Tesla, and bitcoin has the world bitcoin network which is like the Tesla super charging network; honestly, I don’t think any human being should ever buy any electric vehicle which is not a Tesla. It’s like deciding to live in mainland China instead of living in America. Or choosing the Chinese yuan over the US dollar.

Another analogy; bitcoin is like Gatorade, I don’t even know what number two is? Powerade?

Or, bitcoin is like having the newest iPhone Pro, desert titanium, and Ethereum is like a Google pixel or android Samsung derivative; nobody wants it.

Or, bitcoin is like Coca-Cola, and Ethereum is Pepsi. Nobody wants Pepsi.

Or, bitcoin is like Nike and or Jordan, and Ethereum is Adidas. Adidas was only cool for a minute because Kanye West endorsed it and created his Yeezy line, but now that Kanye has dipped out, nobody wants Adidas anymore.

Or, bitcoin is like McDonald’s, and Ethereum is like Burger King. Nobody wants Burger King.

There is no second best

I think with choosing a life partner, a wife, having a kid your kid etc., is understanding that there is no second best.

I look at the whole field of crypto, and crypto derivatives, essentially I think the best way to think about it is that like everything that is not bitcoin is just an Ethereum derivative; which is like building your kingdom on cotton candy or quicksand.

Bitcoin is like the solid asphalt which is beneath Manhattan. But in Cypress space which is like 1 trillion times more secure.

Getting paid $2000 an hour

So let us assume that you’re getting paid 20 bucks an hour, if you’re on the bitcoin standard, and if you’re pouring all your moneys into bitcoin, then, in theory you are getting paid $200 an hour, or $2000 an hour. 

Also some other analogies; if you spend like $1000 on a new iPhone, that’s almost like spending $10,000 on a phone, or even worse, $100,000 on a phone. Or even worse, $1 million on a phone, assuming that bitcoin Will 10 X, 100 X, 1000 X, or even 10,000 X from here.

So why does this matter?

Assume that your whole life, you yourself as a child, you were only fed sewer water. And you’re always sick, and full of cholera, and you have no idea why you’re always so sick, and feel so unwell. And then you have a kid and do you think the sewer water is safe, and you start feeding your kid the sewer water! What is going to happen to the health of your kid?

This analogy is good for money, and capital and thinking of bitcoin like the first 100%, God inspired, perfect money. And also perfect capital.

Bitcoin is both money, and capital? And cash?

The hard thing with the real estate like if you own a square block in Gangnam, or Shibuya, or Ginza, or fifth Avenue in Manhattan, is that you cannot immediately liquidate like a 10th of your property to buy a cyber truck or a cup of coffee.

The really interesting thing about bitcoin is that it is both property like digital property like owning land, and also it could in theory be used as money and currency.

My personal thought is that owning a single bitcoin is like owning a single family home. Assuming that the price of a single-family home in Culver City is $4.4 million, for a tiny awesome minimalist house, then my personal thought is the price of a single bitcoin should be worth at least 4.4 million, Maybe 10 X or 100 X. Why? $440 million a bitcoin; my current price target. 

My very simple idea is that if you own a single-family house, in a locked piece of land, you cannot move it, it’s not like a game of the Sims or Minecraft; but with bitcoin, you can!

Minecraft economics

I find this to be really fascinating because once again, bitcoin is like Minecraft capital and money. If you have ever seen a child or a teenager on Minecraft, you will be shocked to see how phenomenally imaginative they could become, when there are no longer restricted by time, money, access to capital, the laws of physics, space etc.

I been thinking about cyberspace is kind of difficult to imagine because it is like 1 trillion times more expensive than land, Joshua tree, Yosemite, the desert, etc. Like if you watch the movie Dune, and you see the infinite sands, infinite desert, imagine like that but times 1 trillion. Why? Space cyberspace is not limited by the laws of physics.

***

I bought every V 12 engine, wish I could take it back to the beginning

This is like year one, or year zero of bitcoin. Now that you see CNBC practically on fire with bitcoin, bitcoin options, bitcoin derivatives, and now that ibit the black rock bitcoin spot ETF practically owning close to 1 million bitcoins now, that means is this is a massive paradigm shift. It’s like going from horse and buggy to Tesla model S plaid.

Don’t trust the zombies

I was watching an interview with Natalie Brunelle and ERIC Semmler, and ERIC was talking about how his company semler scientific was the century like a zombie company. But when they took out the skeleton, and re-infused it with adamantine skeleton, like what they did to Wolverine, their company spring back to life with 100 X vigor.

Once again, if you’re living in the hood, drinking sewer water, Fanta, and McDonald’s hamburgers, and you have the option of living in beautiful Culver City, surrounded by trees, happy people the sun, fresh air, and the finest organic food and meats from Erewhon, wouldn’t you want to make the swap?

Why the red wave is a big deal

Michael sailor currently put out a presentation on the red wave, at Cantor digital. The general idea is that now that we pretty much have a 100% Republican red party and government and Senate, this is insanely phenomenal news for bitcoin.

Why? Senator to Cynthia Lummis is proposing the bitcoin act, which is that America sells a bunch of her gold notes, and uses that profit to buy bitcoin.

This is kind of a big deal because then, maybe, we could actually revitalize the US dollar and essentially maybe even reverse inflation, because if we pack the US dollar to our bitcoin reserves, what that that means is our country will become super fucking prosperous? Like we’re going to be showered with so much money and wealth, we’re going to be like “too much wealth and prosperity! Please no more!”

Also, even though I’m pro bitcoin and anti-crypto and everything else; you’re going to see a huge crypto Renaissance, because note, Trump’s kids his sons are actually actively in the crypto space; and even Donald Trump accepted a Donald trump NFT, which sold out like in a minute. So you’re going to see a massive boost to Bitcoin and the whole market.

And also, all these meme coins, I’m quite anti it because once again, they’re backed by nothing but popular ideas, and charismatic individuals. The difference of bitcoin is that it is backed by like $1 trillion of real capital; which means like already… Over $1 trillion of real money has already been put into it, and what is defending the bitcoin network is like maybe 100 X the computer power of even the US military and Navy.

If America was super smart, because we want to be #1 forever, we would want to stock pile our bitcoin reserves, to make sure that no other country could even come close. Because what people also don’t understand is the point is like cyber defense as well; if you have a wall of encrypted energy, it is essentially hacker proof, you cannot have malicious Chinese people trying to hack the network.

What drives me?

Once; super simple; growing up poor, having a dad addicted to gambling, my mom working like two menial labor jobs cleaning houses and waitressing, working at a gas station or convenience store just to pay the bills, yeah this was pretty bad.

As a consequence, I don’t know I feel like financial independence, financial freedom might be the peak virtue. Like 1 trillion times more important than anything else.

For example, art photography aesthetics ethics and the like. You could only  only privilege yourself to these luxuries only if you are financially healthy. And economically healthy. If you are economically sick, you can’t do nothing.

 I think the big problem is that a lot of conservative often criticize and critique people for staying poor, but, can you complain and blame people for being constantly sick, if they only have access to sewer water?

“I grew up in the era when clean water was only served to the fairer skin” – Ye

Once again, imagine like we’re living in a postapocalyptic, dystopic world and reality in which only rich people or a certain race of people are allowed access to clean water. And clean air and clean food.

Imagine like you’re giving people maggots to consume. Or like an episode of Snowpiercer, the poor people in the back of the train being fed the “protein bars“, which is essentially grinded up bugs.

But imagine, you could be in front of the train, eating the finest ribeye steak, the finest sushi etc. That is what bitcoin is!

ERIC

***

Bitcoin is financial freedom?

There is nothing more lovely to me than my morning walks?



So one of the really fast things I learned from Michael Saylor in his last interview with Natalie Brunell at the end what is what was misconception about him; and he said, the greatest misconception was that Michael Saylor was a traitor, but the reality is… He’s an engineer.

What is the difference? Well the general difference is that an engineer, do you think about things first principles, use stare deeply and analyze deeply into the true nature of things, and what that then means is you understand the true nature of things.

Then I guess, I kinda do think like an engineer, carte blanche principles.

For example, so much of this modern day BS about almost everything, seems to be mostly a social problem. Sociology, maybe could also be understand as the sociology of engineering, also social engineering?

what does it mean to think like an engineer?

So once again, if you understand Leonardo da Vinci like the Golden standard of an engineer, somebody who is part curious, partially playful, kind of like imagine a big kid on steroids; infinite curiosity about everything. Maybe also… I’m like the next Leonardo da Vinci, but a lot richer And far more jacked?

Even the problem of a Leonard da Vinci, I still think he got his patronage from the Medici’s? Which means that he was not financially independent; and the truth is ultimately, without personal financial independence, you cannot really really have 100% true freedom and power. 

Bitcoin as solidified happiness

I might be the first to thought this; what is bitcoin? To me it is like solidified happiness. If you took all this economic power energy joy and happiness, and you could solidify it into a thing, to me that would be a bitcoin.

For example, every time I see my bitcoin balance swell, and become greater, it brings a huge smile to my face, a huge voyage grin to my face, whatever scenario.

And then also then the thing is… The bitcoin is like almost kind of imaginary. Like doesn’t really exist anywhere in the physical realm, it only exists in cyberspace, your mind.

So for example, if I want to prove to you my bitcoin balance I can just take out my phone or iPad and prove it to you immediately… So I guess this is the cool thoughts; now that I’m super fucking rich and powerful and godlike glorious, I could just walk into any sort of Lamborghini or Ferrari or Porsche dealership, and just automatically assume and demand a test drive!

And also the extreme joy, I could just handle and touch everything, and fuck with stuff, like I own it. Because I do

.

Engineer a better planet?

Engineering a better solution

So I just listened to the new interview with Natalie Brunell and Michael Saylor and something super super interesting at the interview at the end was about how Michael Saylor is misunderstood; and he said “People think I’m a trader, but I am an engineer”. 

What is the difference? And also what is a speculator?

So I suppose, first, bitcoin is the 1000% perfectly engineered solution to perfect godlike money.  if Zeus came from the heavens, and told us near mortals “no no no, you no longer need to sacrifice hectacombs or heads of oxen to me, just buy bitcoin instead,”– same concept.

Or, if Zeus came down and said “I shall create 21 million cyber oxen, in cyberspace, and there shall ever ever only ever be 21 million cyber cattle in Cypress space, and this bowl will be immortal, indestructible, cyber, and shall live forever “,,, wouldn’t you want to own one of these godlike oxen, or a fraction of it? Like apparently these hipster things in which you could do something like you could all chip in money for part ownership of a cow, and when it gets slaughtered, you get like 10% of it? 

Maybe the same thing as with bitcoin. Like let us say that one bitcoin is like one cyber ox, and by buying 10% of a bitcoin you could just buy like the head, the rear leg, the top sirloin in the bottom sirloin, the brisket, etc.

Cyber Capital

Michael Saylor talks a lot about this notion of digital real estate, digital capital as like a cyber Manhattan. So for example, if you could buy like one square block in Manhattan, a full square block, on fifth Ave., what is that worth? Like $200 million?

If you think about it, bitcoin is like 1 trillion times more valuable than even physical Manhattan, because it is global, decentralized, and, in cyberspace! It shall never degrade, perish, and you never have to pay taxes on it. 

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.

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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!

Encumbered, unencumbered?

The right to Bitcoin

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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

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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. 

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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.

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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?

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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? 

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I Shall Never Die

Economic Armor

Suit of armor, and formal suit?

The virtues of working as a team?

.

A hybrid, a hybrid between the upside of nature, without any of the downsides? And also the upside of the city?

So one thing that’s super interesting is spending a little bit time here in the mountains, the quasi countryside is that something about the piece of the mornings is surprisingly wonderful and calming to me.

At first, I thought it was kind of a gimmick to be out in nature or whatever, ironically enough, this is even coming from a Boy Scout’s Eagle Scout.

So on one hand, the issue with all these people trying to seek the wilderness I think is a form of escape. They don’t like to be with themselves, so they try to get lost in nature to forget themselves.

I think one of the things that a lot of these overly sentimental week wings suffer from that they think that somehow, nature is God and nature is supreme. As a consequence, they feel this strange guilt about being alive, resources, etc. But I find this to be ridiculous; The truth is, human beings we are supreme, and nature is our slave. To anybody who has made it a virtue that somehow we have to be subservient to nature, to me is kind of a weakling mentality.  the true man has made nature his slave, his pet thing. His matter and mold and clay for wild, fun and playful experimentation!

I think the critical issue here is that people have no idea what to live for, whom to live for, etc. As a consequence, people spend a lot of their lives just wasting it, just wondering and meandering around, with zero insight about themselves, their personal role, their own personal philosophy, their own personal ethics ethos aesthetics and approach to life etc.

And I think what a lot of these people also feel to understand is that there is no ultimate truth or true North to anything; life is like a wonderfully wild creative monster, a beast, full of chaos fun play enjoy. The Indonesian joy of radicalness, playful candor, and unreasonable art?

I’m the new Nietzsche?

Certainly everyone wants some sort of legacy, some see through their altruism and the virtuality, some try to do it like Mother Teresa, Gandhi etc., other people like Thich Nhat Hanh, Rosa Parks, Martin Luther King Jr., etc. Other people tried to found religions like Saint Paul, Mohammad, Moses, the pharaohs of Egypt etc. I think Plato also tried to create a religion but failed. Same with Socrates and most of the ancient Greeks.

All of the flossers who have come before me, I think they failed on many accounts. First, none of them were actually materially successful, or entrepreneurial, or financially successful, considering or assuming they started from nothing. I’m starting to learn a little bit more about generational wealth, kids were born knowing that they had to trust fund, etc. I’m not one of them.

Second, the physicality aspect of it. Till you have met a philosopher who could lift over 1000 pounds, that is 10 1/2 plates on each side of the barbell, knock on my door.

Third, the disconnection from social media. I might be the only person that I know who is actually disconnected from social media. Even a lot of these older folks, seems that everyone is jacked into Twitter like crack. Especially a lot of older folks ironically enough.

Also, am I the only 36-year-old who doesn’t have an Instagram who deleted it at the height of his fame with 60,000 followers? The best idea in 1 trillion years; now that my net worth is soaring, just recently breaking the $2.1 million mark, and continue to grow and explode at an alarming rate, what that means is things are starting to get interesting, and also pretty awesome.

Technology

Another thing I was randomly thinking about is how blessed I am to have been born in the time of bitcoin. Even though I do have some superficial regrets, technically I’m grateful of my journey thus far, my only regret in life is not buying more bitcoins or buying any bitcoins when my roommate Kevin first told me about it my junior year of college, one bitcoin was worth like .0000 one percent of a penny. My roommate Kevin told me that we should just buy like $100 worth of Bitcoin for funsies, just to see what would happen. I think this was during bitcoin pizza day or a little bit before it. Regardless I was doing some math, and had I had bought $100 worth of bitcoin in my junior year of college, that would probably be worth like $100 billion today. But if this were the case, I probably would have never done my photography entrepreneurship journey, traveling the planet, promoting my open source philosophy, and forever cementing my legacy in street photography. So I’m not salty about nothing.

So on the contrary,  maybe the timing was all right along. Actually, one of my mottos and guiding principles to life, is the thought:

Everything happens as it should have happened.

The general idea is not that everything happens for a reason, which assumes some sort of strange mystical guiding force the universe which I do not believe in, but instead the general idea is that everything happened as it should have happened which means that one should never have any regrets in life The way in which things have played out. Because the funny thing, now that I am 36 years old, which is still super super young if I think about it, but the same time, I think with enough foresight, you will essentially discover and learn that Whatever happens in life, typically when you look back at it, 20 years or so from now, you’ll look back and smile knowing that without even really really thinking about it or considering it too deeply, the timing was perfect all along!

One story I don’t really talk about which is super super random is what inspired me and Cindy to actually  start trying to have a kid, because the timing never felt right. Long story short, being held up at gunpoint in Mexico City, me yelping, grabbing Cindy‘s hand and running the opposite way in his exact pattern as a natural impulse, and then the gunman, who first shined the chrome from his hip holster, jumping back on his moped or motorcycle and fucking off.

This was like two or three months before Covid hit, and then we started trying then. And then Covid happened, and then we thought that the baby was gonna get Covid so we stopped, and then we attended a webinar that said actually somehow babies were immune to Covid or something, and then we tried again and boom got pregnant in like a week.

Anyways, everything happens as it should have happened.

Other foresights

So some other four sites which are super fasciae to me is like my propensity to think about investing money and finances, in like a Zen stoic way?

Currently, stacking bitcoins is more like a game than anything. It’s been an interesting journey thus far, part of it is like being a little bit crazy, considered insane by the traditional crowd, but then again, now that Donald Trump has been elected president, isn’t the whole world in planet a little bit insane, truth be told?

Once again, the world is 1 trillion times more bizarre than I could have ever imagined it. For example, even Elon Musk putting on the red hat, putting on the Maga hat, make America great again hat, super interesting and weird?

And also, another sign of how America is so racist, when Kanye West put on the MAGA hat, everyone was trying to crucify him, calling him like the new black Hitler 2.0 or something. But then, when Elon Musk does it, it is considered cool hip trendy, counterculture and cool!

I suppose then, my whole theory about what everyone is so and Kanye West is kind of accurate and true; once again, America doesn’t like an outspoken African-American man, who is 1 trillion times more successful than them.

I hate you because you are 1 trillion times more successful than me! (has any man ever said this?)

Zen the fuck out , ZTFO – Big Sean

I woke up in beast mode! My wife and me is like beauty and the beast though! The only thing sold out is the seats though!

Thinking Calabasas, The Hills, etc.

So some thoughts; first, maybe the best strategy ain’t to ask people what you should do or whatever, or ask people for advice. Just see what they do, where they live, where they put their own money. In other words, talk is cheap, words weep. 

 the first interesting thoughts; why is it that all the super super rich successful people live in Calabasas? Kim has a house out there, and I think Kanye literally has a house across the street from his ex-wife?

I think Jay Z and Beyoncé also have a house in Beverly Hills?

Anyways, it looks like sooner or later everyone ends up back in LA Los Angeles Southern California. Nobody wants to be in the East Coast, New York sucks, Brooklyn sucks. The only reason people live out there is once again, people want the place to form them, rather than thinking about it Blank slate, Carte Blanche, instead of them doing the shaping? 

For example, questions; if you’re like somewhere or traveling or whatever, and you meet somebody from Brooklyn or Manhattan or New York City or whatever… The question; how long in your conversation and talking with them before they start talking about how great New York or Brooklyn is?

The same thing about people who once went to Harvard, either as a undergraduate or graduate student or postgraduate soon whatever; only unsuccessful people talk about their academic pedigree as an undergraduate. 

I think one of the things that I learned from mindfulness, Thich Nhat Hanh, Zen, Taoism is that the best way to think about things is not the past; which is a fiction, but rather, the present joyful moment, and also thinking about the future?

Once again, my overall suspicion of monks, Buddhist monks in the life; how much of them decide to opt for some sort of Buddhist simple lifestyle simply because they were unsuccessful in the material realm, the entrepreneurial or economic realm; like how often do you meet a billionaire who then renounces everything and becomes a monk? Typically, most people have tried the whole life thing, fail, and then become a monk. 

Zuckerberg goals

The only successful person in my age group or age range who I respect is Mark Zuckerberg. The truth is though, he’s a super fucking weirdo. Just look at interviews with him, dark rings under his eyes, and the man is quite bizarre. You could totally see that in high school and college, he was like one of these super fucking weirdos, the super weird nerds, who probably wanted to pick up chicks, probably watch some weird porn in private, maybe he was into Maria Ozawa I don’t know. Even recently watching his interview at a certain Keynote with the CEO of Nvidia, Jensen Huang, I was watching Mark on stage, his new outfit was pretty cool he essentially look like Jay Z or Kanye, but the second that Mark starts talking, once again super fucking weird.

The truth is nobody wants to live in the meta-verse. This is where I’m a huge proponent of bitcoin; I would prefer to be in the wild outdoors, super fucking jacked and happy, walking around topless with my demigod physique, my ripped hard bronze body, super jacked arms, with my black sun hat on, my 60 pound weight vest on. Even more impressive, I guess I’m strong enough now that I could actually go on a hike with my 60 pound weight vest and carry Seneca who is now like 50 pounds.

Anyways, even in terms of cars, I’m still pretty convinced, assuming you want to lift some sort of funny outdoor, off the grid, exploration lifestyle, the goal is to own some sort of loser off-roading car, over landing car,  some sort of AMG sprinter van converted mini RV thing, or camper van, no, just having a simple 2010 Prius in cocaine white, is far superior why? Until you could have a vehicle with at least 50 MPG’s, a hybrid car, everything else is not worth it.

Why? even if you had like a cyber truck or a cyber beast, for people who have really really done real road trips, or really driven anywhere outside of the Bay Area or California, 99.9% of the grid is not equipped for Tesla superchargers or electric EV chargers. Like you never see any electric charging stations anywhere!

And note, I’m like one of the biggest Elon Musk and Tesla fan boys of all time. And now that I’m super rich, I could afford like 50 cyber trucks, I still haven’t bought one. Why? Once again… Better to buy one bitcoin than one cyber truck. Because the cyber truck at best might kind of hold its value for another year or two, until it’s steadily loses economic value, until eventually you’ll probably be able to buy one for like $30 or $40 or $50,000. Because once the cyber taxi comes out, everyone’s gonna want to have that instead.

What people don’t understand is a Tesla car is like an iPhone Pro on steroids, that has wheels on it. This is also why you should never buy any sort of expensive non-interchangeable lens digital camera like a Leica Q– it is essentially first of all, a Panasonic Lumix with a body kit, just get the Lumix S9 and 26mm pancake lens instead (my current set up), which is may be superior in performance, smaller and more compact and lighter, and also way cheaper?

And also, there is no physical asset on the planet, no car no vehicle that will ever ever ever ever ever accumulate in value or go up in value. Even if you own some sort of loser super rare Porsche Carrera 911 classic car, or a classic Lamborghini or Ferrari or something, after the maintenance cost and fixing it and whatever… The value of it will essentially plummet Into the negative. Whereas bitcoin is going to the moon and to Mars and beyond. 

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Podcast

Audio

The ability to quickly pivot whenever you want to;

The passion of outside?

So I think something I have discovered about myself is that I have a passion of outside being outside etc. Pretty much what this means is my passion is to not be in some sort of stifling cramped indoor space but rather, my passion is to be outside, With the open sky the open air etc.

Currently staying at a home exchange in the mountains in Southern California, and the mountain house is super lovely, but just even taking a quick jump outside, and then going back inside… Immediately I feel stifled and “ddab ddab hae” indoors.

The phrase ddab ddab hae in Korean is super interesting — essentially it means feeling kind of like claustrophobic, or constrained, or the feeling of feeling cramped. Once again, if you are an outside mountain spirit, the feeling of being stuck indoors.

Nietzsche one said trust no thought which does not come to assuming you’re not in the open air, outside, preferably in the mountains. Even Nietzsche — I believe he had my asthma or poor health or poor breathing or lungs or something, he traveled all around Europe until he was able to find some sort of nice mountainside retreat in Italy, maybe in the small town of Turin, in which suddenly, all of his sicknesses and ailments ceased?

 so I think the first thing is nature, big and nature, I think it’s just good for the human soul, our mind our brain, our physiology our eyes and eyeballs etc. For example, I think it is a bit foolish when all of these monks and pseudo in lightened Silicon Valley folks and thinkers believe that you could somehow “think“ yourself out of a problem or a mental malady. It is my personal belief that actually, the only way to read yourself a badness is to actually get your ass out of the house, go a walk, go outside!

Not cars

Not cars, not vehicles.

So even if you had the world’s best Lamborghini with the scissor doors or the off-road in Lamborghini sterrato whatever, doesn’t matter what color scheme, rims or whatever, as long as you do not have 100% leg freedom, you ain’t got nothing.

For example, driving down, stuck on some of the really really bad Riverside traffic, and actually, the real tragedy here is that some people have to take this god-awful commute, maybe 2 1/2 or three hours each way, to buy a nice big house in Riverside, in order to commute to Los Angeles? To me even if you gave me the world’s trillion dollar car, this trade would not be worth it.

Why? Once again it is a physics, physiological thing; there is no good on the planet which is worth the pain and suffering of being stuck sitting in a sedentary position. Even if you are in an airplane, a jet, flying first class or whatever, even if you are in the most luxurious of all luxurious seats or sitting situations, none of it is worth it. Why? Because once again when you’re sitting, you’re in a very very fragile position, in the most miserable of all physiological positions.

For example, let us consider how in fact, what is the human being being designed for? We are designed to stand upright, to walk, much of our ability to be by pets balance, look into the distance and walk, is structured around this. If a human being does not need to walk and move around or be outside or be upright, he has no reason for a brain or any body physiology.

So once again, to be human is to walk, to be outside, no ceilings no roofs, no glass ceilings.

Homes?

So, then at the end of the day, what is the meaning of the purpose of having a home?

There are 1 trillion different ways one could configure ones living circumstances, configurations etc.

For example, you could have a big ass ranch, a big ass backyard in front lawn and back lawn and private property, or you could live in an apartment, kind of more connected to society.

You could also live in a trailer home, or even I guess live in the trunk of your cyber truck.

I suppose then, the primary question to ask yourself is what do I see, what do I want from life, what do I want to out of life?

First, the light the sun. For me the sun is the source of all energy, all power, all happiness and joy. So to ideally live somewhere sunny is a virtue. I have a funny ongoing theory that human beings, we’re just like plants except we move a lot quicker.

Second, the joy of weightlifting. Still, after all of this, I still really do have a passion for lifting weights, weightlifting etc. To me it is like my ultimate form of Z meditation exercise and without weightlifting, things become a bit boring, uninteresting etc.  For example, the courage needed to lift very very heavyweights, requires 100% of your focus, a 100% focus of your presence. You cannot fake it; precisely because extremely heavy weightlifting is dangerous, that is what forces you to focus.

And this is the very very funny thing. When I would lift nine plates 10 plates and beyond at the gym, people always tell me “be careful“. Duh! This is the whole point! To be careful means to take care, take care, Which means you don’t fuck around, you don’t even listen to music; even music is a distraction. No stupid AirPods on, no external distractions. No phone.

In fact, one thing I’m very very grateful for the gym I used to go to the last few years, is that I was able to ride down the whole bitcoin downturn, due to the FTX meltdown, the hilarious thing; after buying my bitcoin in around 2018, I just literally never ever ever check the prices for almost 4 years; Rest and vest. And the only time I would ever be exposed to the price of bitcoin was on accident; in which I would accidentally see the price or something.

Anyways, I’m grateful for my journey thus far, not having lost any bitcoins or anything. Apparently I read or heard something, whenever you go to a bitcoin conference or something, you never ask people how many bitcoins you have your own, but how many bitcoins you have lost, that is the true indicator of how long you have been in the game.

But then again, I think the tricky thing with bitcoin crypto currencies, the whole crypto economy is that it is all a bit strange convoluted and polluted. Too many ideas, too many opinions, you gotta just hang out, take it out to the beginning.

The issue with the physical realm

So the biggest issue that I have is that there’s so much waste, so much physical waste in the physical realm. For example you might have your Lamborghini your RV your truck, your over landing vehicle, your AMG sprinter van, all your expensive Apple devices, your big ass house whatever. Yet all of these things seem to be more liabilities than assets to me.

One thing that I really really love about bitcoin is that it seems to be the ultimate portable, durable, weightless thing to just carry around. For example, assuming that you have an iPhone an iPad, some sort of MacBook laptop device, or something on iCloud iCloud chain, Safari Google Chrome whatever, Gmail, Google services, all of your money and assets and store of value is secure. And in theory, you can immediately liquidate your assets.

For example, even if you own some sort of RV or expensive car or something, the huge pain of having to liquidate it and sell it, this is a huge pain in the ass. You still have to find a seller, you need to figure a way to quickly or efficiently or securely Broker the trade or whatever… To me, this ain’t worth it.

What is actually useful in the physical realm

Things I find useful in the physical realm include fresh air, beautiful bright sun and sunlight, peace and quiet, absence of pollution, hot baths, Wi-Fi, 5G, cameras digital cameras, video cameras, a grill is super awesome but not 100% necessary, And having some sort of vehicle that could take you around.

In fact, recently doing a road trip to Norcal and back, I’m still shocked… The Toyota Prius, a hybrid vehicle which runs on both gasoline and has a battery an electric charging battery, seems to be the ideal hybrid? The ideal thing that leverage is both the upside of gasoline which is insane power and energy in liquefied compact form, as well as the battery, which kind of somehow magically charges itself, through the braking mechanism in the Prius and car?

And I think the thing that is difficult for people to understand on just how amazing the Toyota Prius and hybrid system is; it really is so insanely clutch right when you need it.

For example, doing a last-minute drive somewhere, and just having one tick of gas, but still being able to drive all the way from the Pacific Palisades back home to Culver City, like 5% of gas left, could still take you around 40 to 50 miles?

And this is super super useful because the second you’re trying to beat rush-hour traffic, and you cannot be fucked to stop by a gas station or a Tesla supercharger, because you want to quickly hit the road, you don’t have to deal with having to stop by a gas station or an electric charging station if you don’t want to; you have the option, More optionality!

Seek optionality

I don’t need to own it, I could just visit it rent it borrow it try it out for the week or weekend!

I think this is also a big thing, we Americans we are so silly in our notion of “ownership“, we both believe that in order to gain legitimacy, we have to “own” the underlying asset.  but I was thinking about it… Never really kind of own anything, maybe besides bitcoin.

Why? So for example let us say that you own a single-family home property whatever, you don’t really 100% owned, you’re just borrowing it from the federal government, the local city government etc. And you’re paying a huge state tax fee local fee tax fee etc.

Also, vehicles automobiles cars etc., as long as you’re sooner or later taking some sort of public Road Highway, freeway etc., you don’t really 100% on your car either because you’re just kind of leasing the rights to use your vehicle on public roads, as long as you had to pay some sort of DMV fee and sticker, you never really 100% own your vehicle.

And also, you still have to pay car insurance, like forever. And once again, vehicle registration fees. Even the fees even though the fees are not super super high, you still gotta pay something.

I think also one of the soccer fallacies is that some people fall victim to this notion of somehow like you buy some sort of RV or truck or converted Mercedes sprinter van and you could somehow turn it into like a mobile house or a mobile RV, and then you could just finally become free travel through the states whatever, etc.… But still you’re kind of a slave because you still have to find somewhere to park at night, you often had to pay a fee to park somewhere, And also, more private things like you gotta pay for sanitation to plumb out your vehicle, you still need to buy food and stuff, etc. This is where I still think it is wiser to just rent an apartment and somewhere desirable where you could just walk everywhere because once again,Americans we were romanticize the idea other great American road trip and being on the road, but still… The ideal strategy is to spend like close to 0% of your time in a car or a vehicle, and you try to instead, spend about 100% of your time walking around outside in the direct light or the direct sun.

So the ideal goal is to find a place or a local or a city or neighborhood or area that you absolutely love like for me in Culver City, the arts district, and you could just 100% pedestrian walk yourself everywhere, just jump on the metro E line if you want, and just go on a drive if you want. 

And once again, location location location location location. I still cannot stress this enough; because of the laws of physics, Los Angeles, Los Angeles traffic; still the most intelligent strategy in life is to find the best location absolutely, in which you never have to drive more than five minutes a day. Or driving just becomes an optional thing; you could actually live a virtuous 100% pedestrian lifestyle.

it is difficult to monetize walking

So I think the biggest issue here is that walking is not really popular as a past time because it is difficult to monetize. Compare this instead of running or jogging or whatever, easy easy easy because you could sell these stupid overpriced $300 or $400 running sneakers, which are only for skinny fat losers. 

And also, I think maybe this is the reason why automobile cars are so sought after an American society; because our society almost close to 100% of it is still dependent on a car, only society in which nobody really owns a car is probably New York New York City or Brooklyn, or the main island; even the rich people don’t really own a car, they might have a private driver or they might just even take the metro, or just walk or even take an Uber. Which is even easier than coordinating a personal driver.

Even in San Francisco, sooner or later everyone kind of wants a car or a Tesla or something, or maybe a Waymo,  but the sense I have is nobody wants to live in San Francisco anymore, not the huge exodus out of the Bay Area, in fact more people I see in tech are settling in Los Angeles West Los Angeles, even my tech cousin Daniel just moved to the Sawtelle neighborhood. 

Sooner or later everybody ends up in LA.

So my very very simple suggestion is with life and everything in general, just get off of loser Instagram TikTok YouTube Spotify Twitter all of the social media services. Even I was randomly getting back into Twitter because there are lots of important financial news to stay updated there, and before Trump got elected, it was actually kind of necessary for me to do some research about his policies about bitcoin and crypto, because I am 100% all in on bitcoin. But still… Access to the information the news the truth, it is so toxic. Maybe it is better to be a little bit more poor, without the toxicity, rather than being richer with more toxicity. 

Better to be poorer, and less toxic rather than be richer and more toxic.

Goals?

One interesting thing that I’ve learned about bitcoin just things and life in general is that you only really really discover something or take full heart to it when you actually really have a need for it.

For example, the story of Michael Saylor microstrategy and bitcoin; the only reason that Michael Saylor really took it was because he had a real need for it; 500 million in cash, in kind of stagnant company– he needed to add vitality back to life to his company and corporation.

Necessity is the true mother of all innovation

Similarly speaking, myself, moving here to LA, staring at this ridiculous high cost of living, and trying to find innovative ways to approach money, productivity time etc. I found bitcoin as almost a salvation for me, Cindy, my aging mom, Seneca, and my future family!

How and why bitcoin has changed my life

So I think traditionally, most of us are stuck into the work cycle. It is a simple mathematical equation: a simple vector equation;  in goes your effort, time, and labor, outcomes money and income.

So for most people, there is directly proportional effect:

You labor harder, more, and you yield more US dollars, and you work hard, put out new innovative product services etc., a lot of hard work and time, heavily market the thing, through genuine and effort full channels, and then wait diligently for somebody to purchase your products services workshops etc., hope they pay, and then when that dust settles within a month two or three, then you could withdraw that money from your PayPal or digital broker, and then deposited into your checking account, finally logging in and securing your “gain”,

“Income”

So this is where things become funny: the notion of “income”.

Once again, I’m still relatively new to all of this, in the sense that the average time labor, we have a hard time thinking like an investor. For example, to think that you just have $2 million in capital, you have some deep insight and intuition about something,  and then you invest that money into the thing, and then over the course of a few days weeks months, two months, three months, four months five months, a year, 4 to 5 years, the number magically goes up!

To me, this is still like wizardry, like pure magic!

And I still think this is where it is difficult to understand; to those who have access to capital, you essentially have an economic lever to lever up, and leverage that, which is just economic power and energy, to be even more more energy, more power.

The Spartan investor

So we hear stories of Warren Buffett, living the same old house, driving the old same Honda Accord whatever, and then just spending all day reading the newspaper investing in the markets, and then becoming like the third world’s richest man, all at the age of 80 or 90 years old, But your old sick fat and tired, still eating McDonald’s and drinking Coca-Colas.

Warren Buffett is not a good example. Even he was a skeptic and critic of bitcoin.

I think the hard thing is everyone uses Warren Buffet as an example, but for my general sense, given the fact that he has invested heavily into Coca-Cola, he is no better than people who invest in fill up Morris evil cigarette and now vaping corporation, to spin a certain profit.

Tell me that, everyone wants to be as rich as Warren Buffett but nobody actually wants to become Warren Buffett. Do you know anybody in the given universe who wants to be that old fat sick and unshapely? 

Instead, I’m much better idea is to be as jacked as King Leonidas, Gerald Butler in the movie 300, all while being a billionaire. My vision is essentially having the hard spartan body, naked and super fucking jacked, and also… This is the critical one; insanely Spartan and frugal, surprising everyone that you drive a Toyota Prius, even though you could afford like 20 cyber trucks.

I think what I have discovered finally at the age of 36, is that with bitcoin, this changes everything. Why? Before bitcoin has finally hit mass adoption, and now that starting next year January 2025 will be a year one of bitcoin institutional adoption,  what that means is having a bitcoin is like having a cyber truck or Lamborghini on steroids, but on a digital wheel. 

This is my visual: I was at the park yesterday with Seneca, playing with him at night, just having the house key in my front pocket, no phone no nothing not even my camera, and we’re just playing around in the tot lot, kicking around some bark, and I had the funny thoughts; would I trade a bitcoin for a Tesla? Maybe a cyber truck? But actually the other day I jumped into a cyber truck and I was a little bit underwhelmed; the funny thing about the cyber truck is that it looks so flashy and awesome from the outside, put on the inside once you actually step into it, it is a bit underwhelming; it doesn’t really feel that different from sitting inside a Honda Accord or a Toyota Camry. Maybe it would be different if you were homeless and just owned a cyber truck and just slept in the trunk bed, but beyond this, I think cyber truck is one of those funny things that you could just admire it from the outside, without actually having to own it.  and if anything, the real thing to just wait for or save up for is the cyber taxi, which could just shuttle your kid to baseball practice, or take your wife directly to campus or work through the grueling 405 morning commute traffic.

Anyways, now, my calculus is simple; I think of everything in context to bitcoin.

For example, whenever I critically look and asses these things, I think to myself,

How many bitcoins could I buy with this thing? 

For example I was just trolling around with the finance calculator for the Tesla website, and still the cheapest Tesla model three, base edition, after taxes and even after the federal rebate, will still run you around $40-$45,000 at the door. And no this is the cheapest version! This is like half a bitcoin or a third of a bitcoin. I’d rather take the bitcoin which is going to $13 million, rather than the Tesla car which is going to zero.

Accretive or dilutive? 

A new line of thinking I’ve also been thinking about is this general idea of accretive vs dilutive;  that means, is this thing that I’m interested, will it increase value, a.k.a. go up in value, or go down in value?

So I think now that Trump is president, bitcoin at this point is in my mind, practically 100% cemented and certain to go up forever. However as I mentioned in my prior essay, the philosophy of volatility, to reach higher highs you gotta reach lower lows? 

So assuming that you just took snapshots every year, at random high points year over year, you will find that bitcoin is the insanely obvious choice. With enough hindsight, with enough 2020 you can see and determine and ascertain that in fact, bitcoin is by far the winning bet, nearly a trillion-fold obvious decision!  it has insane volatility which means it goes up and down a lot, constantly, but the cool thing is that it will essentially go up forever!

And this is like volatility, it is like having a hyper charger or a supercharger in your engine; more power or more velocity, more extremes to reach higher performance.

For example if you think about the velocity of a roller coaster; what makes it fun is precisely the highs and lows. If you take one of those boring kid ones, which is pretty much steady, it is insanely boring. Why? The thrills of the roller coaster– once again we are the adrenaline junkies!

Practical strategies

OK… if you want the ultimate blend of safety with high-yield, my suggestion is 90% of your capital into bitcoin,  and 10% into microstrategy stock (MSTR). This is what I personally do.

Why? Essentially you could treat Marco strategy stock like your cash; it keeps going up in value, and actually in fact goes up quicker than bitcoin; although it is a Security, a stock that you don’t really own, like bitcoin which is digital property. I love Michael Saylor and microstrategy to death, I have like literally watched and listen to every single Michael Saylor podcast interview available out there, I also read his book the mobile wave, and I’ve tried to consume every single piece of literature or thing that Michael Saylor has put out there. I also watched his recent earnings call, and watching it all in all, almost like watching a rockstar.

However at the end of the day once again, the name of the game is to accumulate and acquire more bitcoins. He or she with the most bitcoins, or the entity with the most bitcoins shall win.

America bitcoin first strategy

So a simple thought to the Trump bitcoin administration and beyond;

First, America must be the bitcoin leader. We must be the nation with the most bitcoin in our treasury reserves.

Sent you the basic ideas like we are creating the next bitcoin Fort Knox; we must dominate every other nation in terms of the number of our bitcoin holdings, kind of like imagine military power, but bitcoin as cyber power.

For example let us assume that the US Navy has strategic military dominance over the planet. And let us assume that our military power is at least 10,000 X to that mainland China.

So in theory in terms of numbers, America must supersede mainland China in our bitcoin holdings. By at least a factor of 10,000X.

I think even Donald Trump joked that maybe we could even use some of our bitcoin to pay back our national debt?

I think actually the more interesting strategy is we hoard our bitcoins forever, until the end of time, and instead, I don’t know… Someone with some good economic wizardry could figure out how we could leverage our debt in intelligent ways so we could actually pay back our debt without having to sell bitcoin.

And once again… I think this is the main idea on my mind right now — we can continue to accumulate bitcoin, stack bitcoin, etc.,  and figure out how we leverage borrowing cheap money or debt from other banks entities, to make money?

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Being positively polarized to capital 

My has enjoy an interest; give me all your capital, and I will invest it and grow it for you!

Eric@erickim.com

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Cyber Capital

So the reason why I think this is such a big deal is that finally, with bitcoin, we have finally crossed the chasm. What this means is finally, in the year 2024 and beyond, capital is finally cyber. What this means is next frontier of capital is practically infinite. 

Let me explicate this a bit more on why this is such a big deal:

So it looks like traditionally, the last frontier of making money and wealth was companies. Why? With technology, finally you were able to break free a little bit of physical limitations. For example, with Google Amazon Facebook etc., you were able to finally cross the digital divide which means that you could actually Feel all things in assets digitally, like digital advertisements digital value etc. Yet the different nuance is still… Capital was not yet in the digital realm. For example even though Amazon Facebook Google and the big tech companies could create value digitally through cyber space in cyber networks, there was no Internet native money or capital in which they could store their value.

For example all the big companies, we’re still reliant on JP Morgan Chase to custody their US dollars and field currency the treasury reserve assets etc.

But starting January of next year 2025… This will all change.

ERIC

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So I have a vision, it is titled paradise bitcoin. What is the general idea,?

First, my first entrepreneurial venture was a one when I was around 15 years old, my friend ERIC Moon just taught me how to build computers, using the thermal pace on the processors and everything, and he gave me a simple idea; I could build a computer super super cheap, buy the parts myself and put the parts together, and then I could sell it for a small profit, like 100 bucks or something. When I registered the eBay seller account, I called it “paradise computers”. I still remember I used Adobe Photoshop, and I used the little icon of the beach palm tree, and I made it bright orange, and I would use all these pictures of babes, two plaster advertisements for my awesome computers.

Why paradise? Simply put, aren’t we all seeking paradise?

For example, in terms of bitcoin, to me it really is kind of a paradise thing; something in which we are seeking some sort of economic paradise.

For example, everyone loves and cares for money, whether it be deep or superficial. But assuming that you own an iPhone, use Wi-Fi, then the truth is ain’t nobody can exist without money.

I think also a sociological intervention that I understand;  money is just human technology. There is nothing on the planet that intrinsically has any words, the worth of something is what society agrees on that has value, so you think of the sociology of money is super fascinating.

For example, why do we value gold? According to Fernand Nagai‘s on money, he says that we prize cold because it is rare, stable, and just has a beautiful color which is very very fitting to adore your children with gold jewelry, also for women. So he thought that it was useful because it was easily transportable, the color in itself was beautiful, and that it was just a beautiful object. But even he knew the rules of monetary inflation, for example when outlining the discovery of the New World, he noted that the price of plummeted, with a huge influx of gold from the Americas. Also he wisely noted that there were many countries in which silver was actually more valued than gold, and he even talks about how gold, at least 10 times as valuable as Bronze, talking about the “bad and portray that one of the heroes did in the Elliot, trading his armor that was worth 100 auction, of gold, for a tin one which is considered a lot  less worth it, about 10 times less.

Anyways, in the world of assets, it is very tricky; you got securities, which aren’t really worth anything in itself, they are predicated on companies, company policies, rules and regulations, the SCC, the rules of the stock market etc.

 to me, the extreme magic of bitcoin is that it is an asset without an issue, which means that it is the world‘s first true digital commodity, which is based in real life physics, as it requires real life analog energy to mine and produce. Not only that, it is now a $1.4 trillion acid class, only worth about 500 billion maybe three or four years ago, so simply put, it is growing at a wonderfully alarming rate.

It’s kind of like iPhone penetration, or social media penetration. For example there is an extreme network effect here; if you are Facebook, and you have a place to post your pictures and your status updates, you get all your friends to join, they get their friends to join, and as a consequence, everyone benefits from this monetary and social network.

Assuming that bitcoin is like the new Facebook or social media of money, which is connected to all 8 billion people on the planet, kind of a big deal.

Why? You could own bitcoin and be in south Sudan, Nigeria, Lagos, Vietnam Sweden or Dubai, and even if you own a few Satoshi‘s or a fraction of a bitcoin, you are my brother!

And not only that, but I was actually thinking about it… bitcoin truly may be the first real perfect property, also a digital property.

For example, one of the major issues and headaches about real property, like real estate, commercial real estate, even owning a single-family home is that you have to deal with property taxes, law law, regulations, politics, local politics, national and federal politics etc. Also you have to make friends with the local politicians the mayor, to slide by regulations etc.

Now I think politics is fine; but, technically the problem about it it is “unfair “; if your best friends with one of the local politicians, you have an edge, but if you don’t know nobody, you are at a slight disadvantage.

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Eric Kim, a photographer and writer, has extensively explored Bitcoin’s philosophical and economic dimensions. His perspectives encompass several key themes:

Bitcoin as Solidified Energy

Kim conceptualizes Bitcoin as “solidified energy,” where computational power and electrical energy are transformed into digital currency through mining. He likens this process to converting energy into a tangible asset, emphasizing Bitcoin’s unique creation method. 

Decentralization and Personal Sovereignty

He views Bitcoin’s decentralized nature as a pathway to personal autonomy, allowing individuals to control their financial destinies without intermediaries. This aligns with his broader philosophical interests in Stoicism, which values self-reliance and independence. 

Ethical Investment

Kim advocates for investing in assets that align with one’s moral and ethical beliefs. He suggests that Bitcoin’s structure and principles resonate with those seeking ethical investment opportunities, contrasting it with traditional financial systems that may not align with personal values. 

Bitcoin as a New Religion

He draws parallels between Bitcoin and religious devotion, noting that the commitment and belief in Bitcoin’s value and potential resemble religious fervor. This perspective highlights the cultural and psychological aspects of Bitcoin adoption. 

Monetary Physics

Applying principles from physics, Kim describes money as potential energy that becomes kinetic when utilized. He extends this analogy to Bitcoin, considering it a form of “monetary energy” that embodies stored value and potential economic force. 

Through these insights, Eric Kim offers a multifaceted understanding of Bitcoin, integrating philosophical, ethical, and economic viewpoints to explore its broader implications.

The philosophy of focus:

So, we are all photographers, thinkers entrepreneurs visionaries etc. To focus, I think at the end of the day, does seem to be a virtue.

First, the ethics of focus, the first big idea is that things which distract us, or rob us of our focus, are third-party distractions, which often have some sort of advertising or marketing or product selling motive.

For example, let us consider all of the ills of modern day life, which is modern media. Essentially anything which is supported by advertising is bad evil and should not be trusted.

For example, anything on YouTube which has advertising or product placements or selling services are bad. Any podcast, Joe Rogan, anybody out there with subscribers, likes, comments, memberships, anyone who has some sort of monetary incentive behind things.

Currently I am promoting bitcoin as a promise that it could solve at least 50% of the world’s problems; that is consider poverty injustice, high cost of living and rent… I actually do believe that these problems could be solved with bitcoin.

For example, even poor spending habits, the issue with inflation is that even if I’m making $20 an hour working at McDonald’s, and the price of everything keeps going up… There is zero too little incentive to save. If my rent cost $3000 a month, and because of inflation in a few years it’ll be worth $4000 a month, incentive is to buy all the capitalistic consumer stuff while I could still afford it, Whether Nike or Jordan sneakers, certain cars, clothes etc.

Also this is where Apple has been intelligent with iPhone; let us say that the iPhone Pro is $1000, or $999. This has been really relatively resistant to inflation; even though minimum wage keeps going up, essentially the price of the iPhone is not changing. Therefore if I am a typical working class poor person, and I’m being paid 16 or $20 an hour, incentive is to go out and purchase the iPhone Pro while I still can; because assuming the inflation keeps going up, in the near future I will no longer be able to afford that new iPhone Pro.

Low prices?

I think for the most part, a lot of the evils and ill society are issues with money, gambling, etc. At least this was the case in my family; my dad just sent you not having a job since I was two years old, gambling away the rent money etc. Assuming that my dad didn’t gamble away the rent money, like he was just a parasite but all he did was smoke cigarettes, watch television and movies, chill out the house… Assuming that were the case, at least he would be kind of a neutral party; but him having to threaten my mom with physical or mental or family violence, holding her at hostage or ransom, Forcing her to give him the rent money with physical force, saying that he was going to pay it himself, and then in the middle of the night driving off to Reno and gambling it away, which means my mom is already three months behind on rent… Certainly this is an evil that happened because of gambling and of course his own problems.

the bad guy?

Ultimately, one cannot point the finger at institution which is the casinos or whatever. Even now as a sober adult, haven’t gone to Vegas a few times, I find it to be very fun! I love going to wicked spoon, and having to all you can eat bone marrow, and all the great foods. But, I don’t have a gambling bone in my body; nor do I have a bone for smoking; essentially seeing all the bad stuff that my dad did, turned me off forever. This is where I have kind of a moralistic and ethical imperative against cigarettes, there’s nothing I hit more than cigarette smoke on the planet; The ultimate evil.

What does focus mean?

So focus, focusing… Assume you have a magnifying glass you could take the raise the sun, pinpointed to one point, and you could burn a hole through paper. Assuming you have a big enough magnifying glass, I wonder if you could even take the sun’s power and even make a hole through steel! Just think about all these James Bond’s movies.

Anyways, I think maybe the focus in society in life should be similar; I am kind of OK fine mediocre and a lot of stuff, but assuming that life is finite, a hard cap of at least 122 years, then what that means is if I know with 100% precision that I will die before 122 years, Then the ethical imperative;

How should I and how must I spend my life in a meaningful way?

Assuming that practically almost all 8 billion of us on the planet have a phone, then what that means is everyone is a photographer because they make photos. Even my new friend Alexey show me an interesting street photo he shot in the hood, somebody who overdosed on fentanyl, ar a bus stop. Somewhere in South Central.

And this is kind of a big deal because assuming that most of us live in cities, or assuming we all live in Los Angeles, anybody with an iPhone is a photographer, a street photographer.

In fact, everything in the haptic shop is open source, free to download share remix four to your buddies or store on unlimited devices. For me this became an ethical imperative; because honestly, 99% of the roadblocks we face in photography has to do with some sort of penis envy for some sort of camera equipment; do you think the day that you could afford to buy the Leica, finally you will have a motivation to shoot or make great photos blah blah blah. Same goes with the iPhone Pro, which is actually, not that great.

Also, objectively … Leica, Leica camera, is an inferior product and tool.  it is true that the craftsmanship is superior, but the overall product is inferior when you compare it to a Panasonic Lumix, or even a Fujifilm camera.

I think what Germany has going for it is good marketing and brand. But everyone knows that any German car whether it be a BMW, Mercedes, Rolls-Royce, which is owned by BMW… maybach which is essentially a Mercedes with a body kit, is probably 1000 X inferior to any Japanese luxury car like Lexus or Toyota. In fact, a Lamborghini is just a Volkswagen Passat on steroids. A Lamborghini Urus SUV is just a Volkswagen touring on steroids. And a Porsche 911, 911 GT three RS is just like a Volkswagen beetle on steroids and a body kit.

I’m currently using the full frame lumix S9 camera, been shooting some video on it… But actually a critical issue right now I’ve been discovering is the reason why micro 4/3, even maybe APSC sensors; or a smaller crop sensors might be superior is because you could focus far closer! Full frame cameras are very very difficult to focus especially up close and personal, and also the bigger issue is that the lenses become bigger heavier, more obtrusive, bulkier, harder to use.

In fact, if you are a filmmaker, still… Getting some sort of micro 4/3 camera some sort of Panasonic lumix GH camera might be your best bet, because you can get the best lenses, with the best close focusing capabilities, the maximum aperture for the minimum amount of weight. And ultimately this is what matters the most; ultimately if you are a videographer photographer or cameraman, it comes down to weight and ease. In fact I think even most videographers especially aspiring filmmakers, maybe they should just get some sort of GoPro creator set up; just set it and forget it!

Because 99.9% of the hurdle that creators face especially new ones is the technical hurdles, the technological issues. Even here may be an iPhone pro without any external accessories might be good for making films. Especially short ones. Anything that is not going to be a Hollywood blockbuster film. This is why I think Apple is trying to do all this marketing that you could shoot cinema on your iPhone Pro is kind of ridiculous; any real professional  Would use some sort of red dragon camera.

I also feel bad perhaps the biggest issue here is everyone is trying to posture and look “pro”? But why?

My thought is everyone has some sort of insecurity bias, a small man complex. Certainly everyone wants to feel big mighty and strong and successful whatever, but I also find this to be a little bit pointless because success, wealth and power, are not zero some; which means that assuming that capital is infinite, not a closed system, then that means that in theory, Anyone and everyone could become a billionaire, assuming that the global market multiplies by 1 trillion.

And also,  because a lot of money is economic fictions, computer code, which means that any nerd with a computer could click a button and inject $1 trillion into the economy, what that then means is the upside for money is infinite!

Certainly there are things which are scarce, like human time, labor, and bitcoin, but everything else… Has an infinite upside in theory?

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Why focus?

I just think that it is an intelligent way to strategize life.

I think the number one issue that a lot of people have, especially young folks that we don’t know what we should devote our lives to. As a consequence we just throw our interest at random in a bunch of Market Basket stuff, hoping that one will stick.

But, to diversify our interest, is perhaps not a good idea. For example, if assuming you had a Mozart in your classroom, would you have your student waste his or her time learning Spanish or stuff that he or she would never really use? No! You would put them in one of those funny musical prodigy classes, have them devote 100% of their energy towards music, to become the next prodigy.

I was also doing some research which is kind of funny that the whole idea of homeschooling was essentially invented because you had a lot of these young athletes students, getting ready for the Olympics, and they did not want to waste their time being stuck in the classroom. So the whole ethos was trying to devote most of the kids time and attention to maximize their sports performance, kind of what mainland China does, she is much more shameless than America. And also maybe be more successful.

I think also that is why you see more record breaking Chinese Olympic weightlifters, because there is no stigma about taking steroids, performance enhancing drugs, and also, they don’t really have a egalitarian schooling system like we do in America.

Anyways, I think to focus means to just value your life, your effort, your soul.

Assuming that we believe in immortal soul, which means that once you die, your soul also dies… Why would you waste your life in anything superficial?

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Facebook, Amazon, Twitter Instagram Meta, TikTok YouTube etc.?

Essentially any sort of digital hosting platform which is “free“, they are the new digital slumlords? 

Everyone loves to hate and complaining about these slumlords, who rent us a really terrible apartment, at unreasonable prices, never fix anything, and are essentially bad and evil people. Yet nobody ever points the finger at the big tech companies? Why? Because they offer you “free” marketing platforms… I wonder, what are more freedom ways we could market ourselves which do not require us to use these toxic platforms to simply get our message across?

The first most simple one is just your website, your blog. A website and a blog is essentially the same thing at this point. A digital domain, it’s almost like having a digital house or a digital business or a digital property in cyberspace? Like having your own address.

No YouTube?

A big one to disrupt his YouTube. I suppose TikTok and to some extent Instagram and Instagram stories, and now Twitter is doing the same, but still… YouTube is by far the dominant platform. Why? Having YouTube at this point is almost like having access to free flowing water or electricity; we cannot imagine the world without it.

But, I guess now that I’m stupid rich, I don’t technically need to anymore. And also in terms of getting my message across, I suppose I’ve already done it really well?

I think they’ll lure of YouTube in these platforms is that it will make getting our message across more effective, to maximize our impact?

But I suppose the nuance is; if you have to use toxicity, to maximize our desired outcome, perhaps it is not worth it?

For example, if in fact, using a toxic platform could leverage your impact by 10 X, would it be worth it? Maybe not. Even 1000 X or 10,000 X? Maybe not.

So I wonder… If it is better, more profound to just make an insanely massive impact, on your own small audience, your own sport in 300, rather than try to convert the whole planet, all 8 billion of us to believe what you believe? # The New Digital Slumlords

Facebook, Amazon, Twitter Instagram Meta, TikTok YouTube etc.?

Essentially any sort of digital hosting platform which is “free“, they are the new digital slumlords? 

Everyone loves to hate and complaining about these slumlords, who rent us a really terrible apartment, at unreasonable prices, never fix anything, and are essentially bad and evil people. Yet nobody ever points the finger at the big tech companies? Why? Because they offer you “free” marketing platforms… I wonder, what are more freedom ways we could market ourselves which do not require us to use these toxic platforms to simply get our message across?

The first most simple one is just your website, your blog. A website and a blog is essentially the same thing at this point. A digital domain, it’s almost like having a digital house or a digital business or a digital property in cyberspace? Like having your own address.

No YouTube?

A big one to disrupt his YouTube. I suppose TikTok and to some extent Instagram and Instagram stories, and now Twitter is doing the same, but still… YouTube is by far the dominant platform. Why? Having YouTube at this point is almost like having access to free flowing water or electricity; we cannot imagine the world without it.

But, I guess now that I’m stupid rich, I don’t technically need to anymore. And also in terms of getting my message across, I suppose I’ve already done it really well?

I think they’ll lure of YouTube in these platforms is that it will make getting our message across more effective, to maximize our impact?

But I suppose the nuance is; if you have to use toxicity, to maximize our desired outcome, perhaps it is not worth it?

For example, if in fact, using a toxic platform could leverage your impact by 10 X, would it be worth it? Maybe not. Even 1000 X or 10,000 X? Maybe not.

So I wonder… If it is better, more profound to just make an insanely massive impact, on your own small audience, your own Spartan 300, rather than try to convert the whole planet, all 8 billion of us to believe what you believe? 

So just went to the Mr. brainwash art gallery in Beverly Hills, and I am blown away; it was the most fun, enjoyable, uplifting, playful, inspirational and motivational art exhibit of all time.

why this matters 

This is a big deal. Why this is a big deal.

First,  life without art would be a mistake. Life without art is not a life worth living.

For example, if you think about all of capitalism and consumerism, I think much of it is predicated on art.

For example, what is clothing in fashion? It is essentially art fabric sculptures for your body, your human body!

What is a car? Moving sculpture, a metal steel based thing which is secondly a piece of transportation.

Has nobody figured out how insanely important cyber truck is; essentially it is the ultimate modernist expression of moving sculpture?

I actually have a vision; gloss red cyber truck,  with yellow calipers, or yellow rims… Essentially imagine looking at like a fake Ferrari, but cyber truck.

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the best art

A lot of people say art for art sake, but following in the footsteps of Nietzsche,  I think actually the purpose of art isn’t art for art say, rather, it is art for the sake of happiness joy, the great stimulus to life!

In fact, I have a theory… When a lot of people become emo, sad dark and rose, is this issue here they are simply not having enough great art in their life?

Even being at the Mr. brainwashing exhibition, they were just playing some great OG classical music on the speakers, and even hearing the great classical music put me in such good mood!

Maybe I’ll start to listen to more classical music?

The best

Classicus,,, the ancient Romans, typically when we think about the word classic we tend to think about old school. But actually… In ancient Rome classicus, the elite class,,, “classicus” or “classic” simply meant “the best”.

So then, what life then becomes about isn’t seeking the old school for the sake of the old school, but rather, seeking the best? 

Why the best?

Why not?

Joy!

I think nowadays, to be joyful unhappy in today’s world is a great act of courage? It is easy to be emailed depressed, sad, to opine about how the world is going to explode whatever. It takes much more courage to be joyful, happy and gleeful, to be the gay monster admits all of the emoness? 

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Choose Joy

I prefer the word joy over happiness. Why? I think happiness is too much of a consumerist merchandised concept now. Troy is a lot simpler, like joy to the world!

Music, what is music? Joy to our ears and to our soul.

What is art, photography, paintings images and sculpture? Joy to our visual brain senses?

Participatory art

I think what is so amazing and what was so fun at the Mr. brainwash art exhibit was how almost all the exhibitions, you could interact with it! And also you are encouraged to photograph and video everything!

A lot of modern art exhibitions and museums is that they are cold and sterile, and it feels like you’re not allowed to photograph or shoot stuff?

In fact, I’m even thinking about doing a photograph workshop in Beverly Hills, maybe we could all go to the Mr. brainwash art museum together, have fun like a bunch of kids, and be inspired together?

My vision of art: my vision is that art should be open to everybody, accessible to everybody, and also, fun for everybody! It should be no, not pretentious, not fake. Also, it should be free, open to the public, accessible to anybody, doesn’t matter if you’re 70 years old or three years old;

I killed that art might be able to solve 50% of the world’s problems, maybe the other 50% can be bitcoin.

Or even a more radical idea; if you combine bitcoin and art, 50% +50% is 100%. Then… Can bitcoin art be the solution to the maladies of the planet? 

Maybe! Perhaps I’ll try and pioneer this!

Bitcoin art is the way

Great artist steal.

Also, great artist “up cycle”, recycle, sample, remix, and parody the classics!

This is where our source is so appealing to me; I hate restrictions, I hate copyright in laws; I prefer freedom.

In fact in two days brave new digital world, I’ve ChatGPT and AI… The whole copyright model is broken.

For example, certainly creators need to make money and a profit, but the big issue here is that all the craters are essentially slaves to corporations, and looks like a lot of these new digital slumlords, who control the “content“ of its creators… What they are essentially seeking is a mini of control, within a small mileau, trying to assert control and power in their very small domain?

Nvidia is close to a $4T company??

I was shocked, apparently now that the number two most world’s important company is Nvidia, right after Apple?

In fact, I actually wonder if Nvidia is more valuable than Apple. The only reason why Apple is valuable is because they have the iPhone, but if and when Nvidia creates their own phone, that doesn’t require an iPhone, this will be a big deal?

How to art

There are so many ways you could art.

So one funny idea I have is just taking famous artworks of the past, and copy pasting bitcoin icons on top of it. This is essentially the hilarious parody that Mr. brainwashed with a lot of these classical paintings, and also Banksky,  the art of uncovering BS?

the problem about the art world

I think the biggest problem about the art world is everyone is using irony sarcasm and fake big talk to try to inflate their fragile egos, and into control running their mini fiefdoms? 

A writer and thinker that I’m kind of into right now is Saifedean — who wrote the bitcoin standard and the fiat standard. I first read his books because I was curious about bitcoin, but what I found very very fascinating was his critiques about art, the art world, and modernism and modern architecture? He’s kind of like NASSIM TALEB in that way (both Lebanese, Lebanese-American) — very outspoken, calls out BS. 

If you have ever been to a modern art exhibit, and you see a piece of white paper with a hole in it, and it’s worth $1 million, and you’re scratching your head, I’m with you.

Honestly, more or less all of modern day art is a scam, but that’s OK. You don’t have to participate if you don’t want to! Nobody is strong arming you to do so!

The new art

My personal vision is that I want to disrupt the art world. I certainly have done it for the world of street photography; essentially I killed all of these loser skinny fat anemic notions in street photography of what is considered good or bad, essentially the funny thing with photography is that while it should on paper be the most democratic open and egalitarian form of photography, as the streets are public and should be public and accessible to everybody… Once again, all of these ridiculous ivory towers?

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Now what?

Maybe now I have some sort of moral or ethical imperative to make a difference?

ERIC

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Ultimately when people study Warren Buffett, Charlie Munger etc ,,, what all these guys are searching for is wisdom.

I think this is good and important because principles wisdom, is resistant to time and technology, but at least for myself, I was born in 1988, searching for practical wisdom has always remained elusive for me.

I think difficult thing is that my circumstances were unique. I was born in the states, yet grew up poor; my definition of poor is not being sure whether you would be homeless next month because your dad just gambled away the rent money again, going off to Reno in the middle of the night.

The upside of poverty 

I think on two fronts this was useful to me:

First, it taught me self independence at a very young age. I knew that if I wanted anything, I had to work for it. This motivated me to pick up lots of part-time jobs when I was like 13, 14 or 15, tutoring English, through my honors program at school, working at the local community center, getting a $200 a month stipend etc. 

In fact, my biggest personal pride and joy; essentially, purchasing my first car with my own money! At the age of 15, getting my drivers permit in California, $1000 or maybe $1200 1991 Sentra XE, 5 door sedan, 5 speed manual transmission car — it didn’t even have a tachometer! I learned how to shift gears simply by hearing and feeling the engine? This began my first love affair with manual transmission cars;

In fact, another point of pride, every car I have purchased my own money has always been a used manual transmission car, never exceeding $2500 USD. In fact, the last car I purchased one in Providence Rhode Island before Seneca was born was a 2002 Subaru outback, five speed manual transmission, listed on craigslist for 1000 bucks, was able to negotiate down to $900, then $800 in cash! Lying out those eight $100 bills was the most obvious decision I’ve made in my life.

Obvious decisions are obvious

In terms of my decision-making philosophy, my unorthodox beliefs; obvious decisions are obvious. 

What that means is before making any sort of decision life decision etc., you don’t need to think about it too much.

Obvious decisions are staring you right at the face, and whenever you have to hesitate before making a certain decision, don’t do it. Why? Your brain is still working out the details, whether or not you should do the thing or not.

Obvious trades, obvious financial decisions, obvious investments 

For example, buying microstrategy stock, MSTR, to me is a 100% obvious decision. For the traditional markets, it’s literally the only asset worth purchasing.

Why? Essentially they have discovered a free money hack or infinite money hack, which they could leverage their 30-year-old business, which is regulated, and mainstream… And leverage their position, borrowing money at less than one percent to buy bitcoin, which is accretive forever, and continuing the virtuous cycle.

Now is your time to purchase a piece of cyber Manhattan

Bitcoin is cyber manhattan: 256^3

I think the idea of a cyber Manhattan, cyber real estate company is fascinating to me. And the difference between bitcoin, cyber real estate and Cyberman Manhattan is that it is actually backed by real electricity and power. For example, the problems with all these fake virtual worlds is that it is just powered by a computer code, one and zeros, Any nerd can click a button and create a skyscraper in Sim city.

But what if, if you wanted to build a skyscraper in Sim city, you actually had to expand $1 billion of real capital in the real world, before transferring it and transporting it to cyberspace? This is the 1000% paradigm shift;

The bridge between the physical, embodied reality,  physical world and realm, to the digital cyber realm… Which is still backed with physical electricity?

It’s a bug, not a feature!

Or it’s a feature, not a bug?

I think what a lot of these goody two shoers don’t get or understand is about real life physics in the game, skin in the game, energy in the game. Everyone wants some sort of hidden upside without any real life downside?

I’ll give you example, everyone wants to rid the world of suffering pain injustice and the like. However, a life without suffering pain injustice and overcoming is not a life worth living.

You cannot have happiness without pain and suffering, nor can you have joy with without sorrow and misery. If we think about this from a Taoist perspective, I think about yin and Yang, you cannot have the good without the bad. You cannot have the virtuous without the evil.

The upsides of downsides

For example, obviously being in poor health sucks, and bad weather also sucks. But, when things get much better, you are 1000 times more joyful grateful and happy when things shift!

This is why funny enough, I think people on the East Coast, New England, Providence Rhode Island are happier than people in LA because the weather shifts are more extreme.

For example, when you’re suffering in the winter time for months on end, no sunshine whatever, and then boom, one day the sun comes out, everyone is overjoyed! It is still 55° and cold, but at least it is sunny; everyone runs out and gets their picnic blankets, And the joy of the sunlight is 1000 times more extreme than in Los Angeles where everyone is trying to hide from the sun, even though they love it?

My simple analogy is everyone in LA is like a solid 7.2 out of 10, in terms of happiness, whereas in the East coast, your happiness goes from a -10 to a +500% when the weather is good! 

So I suppose, the philosophical question them becomes, is it better or more favorable to have a steady mediocre thing forever, or more extreme highs and lows, which will be a benefit to your happiness?

Then a simple thought, the reason why I love bitcoin is because of the extremes; I would prefer an extreme life to a steady and boring one. 

In search of yield

I think for me my number one principle in investing is yield. I think what a lot of people think is what they’re trying to do with their money is they are trying to securitize it, and make it safe, stored in really really safe assets like treasury bills, bonds, or “safe” investments like Apple Amazon Facebook Google and like.

But, my personal thought is life should not be conservative; the point of life isn’t to just conserve your wealth, but rather, to grow it!

Even the story of Jesus, you don’t just take your wealth and hide it and bury your talents, your gold talents in the ground because you’re afraid of losing it. No, the virtuous thing is to go out and multiply it!

And I also think the same thing is with wealth; the virtuous calling is to multiply it to grow it, not to just bury it, with the fear that it might go down.

How to gain more emotional armor for investing

OK, a lot of these fools, they want quick gains in order to go out and buy the Lamborghini or whatever. But once you find out that only small dick losers drive Lamborghinis,  and also, that the useful lifetime value of a Lamborghini might only be three or four years, that is the point in which the maintenance costs and the insurance costs and fixing it up will destroy the price of it in just three or four years, then it becomes obvious; you wish the Lamborghini onto your worst enemy, you don’t desire one for yourself. 

My simple thought is take a stoic spartan approach; essentially live like a super super poor person, the only thing you should ever spend money on is weights barbells and weightlifting equipment, and meet… Everything else should be essentially free.

Tips to NOT go broke

This means,

1. Never eat out: nothing is worth it, not even all you can eat Korean barbecue! My current favorite joint is chubby cattle, but still… The 90 minute time sitting is a bit restrictive.
2. No weed, no alcohol
3. Don’t go out for coffee, just brew it and drink it at home. I actually have a new hack; I only drink a lot of coffee at the house first thing in the morning when I wake up, but after the morning, 100% abstinence for the rest of the day. I get the upside of getting a good caffeine buzz first thing in the morning to get me going, without the downside of having it affect my sleep.
4. Never buy anything, and also… The only “computer“ or device I find worth it is an iPad Pro;
5. Always buy the cheapest iPhone on the market; only poor people buy iPhone Pros
6. For camera or digital camera, I recommend getting the most compact, capable Panasonic camera, and the cheapest, most compact pancake lens. Currently the Lumix S9 ($1500) and 26 mm F8 pancake lens ($200). Never buy a loser Leica which is essentially a Panasonic Lumix with a body kit. Especially the Panasonic Lumix Leica Q Cameras. If you want a digital rangefinder just buy a used Leica M9.
7. Don’t shoot film: I think about a decade ago in 2014 2015, it was affordable, but now it is too expensive. Save your money and buy Bitcoin instead!
8. Never buy a new car under any circumstances. This is immediately like taking a 30% haircut; the second you drive it off the lot, boom, you’ve already lost 30% of its value. And also, don’t buy electric vehicles, no matter how appealing. It is like purchasing a really really expensive iPhone Pro with wheels; it might be only good for 3 to 5 years, maybe seven years tops… Then after that, a slow degrading. Real rich people buy old used Priuses and drive them– 2010 Prius is the best rich person car.  
9. Stop buying clothes: you probably have enough clothes to last you two lifetimes already in your closet. My suggestion is if you want novelty, just take some scissors and turn your jeans into shorts, or cut off the sleeves off of your shirts to make them sleeve or if you’re cold, just layer up. Only poor people buy clothes. 

Essentially, the easiest way to become rich is not go broke.


---

Einstein’s rule of money

So essentially, I’ve literally I think watch every single Michael Saylor interview that he’s ever done everything that he posted to Twitter or YouTube etc. Maybe about 100 of them.

Anyways, probably the most fascinating thing that I’ve learned about the value of an asset is the value of an asset is essentially the cost of something or the value is something divided by the maintenance cost.

Now I think this is something that people don’t really think about — the maintenance cost.

So for example, now that all of my millennial friends are growing up, I’m 36 now, in four years, I’m gonna be 40 years old, everyone’s trying to think about the future buying a single-family home or a condo or property or whatever. And what beguiles a lot of people or shocks people is when they buy a house, all the maintenance costs! Even talking to my friend Anton (congrats on your new kid!) he told me a story while we were in downtown LA about how he bought a house, but the water heater went out, and him having to fix it, and what a nightmare it was.

Also simple things that we millennials never think about… You need a new roof and boom, that’s $50,000. That’s $50,000 I would rather put into bitcoin.

There are so many things that exist on the planet, in real world, in embody reality which cost a premium in terms of insurance, maintenance, etc. Once again, almost nothing in the physical realm is ever worth it. 

If you want a new car, just download some racing game to your iPad, or even PlayStation or whatever; better to spend 50 bucks on a virtual car then drop $50,000 or more on a new one! 

Or, just buy an oculus quest, play some racing game, at least this way you want to kill yourself, or another family in a car with two kids or more.

–> The worst thing in life isn’t dying or killing yourself, but it is accidentally killing another family, accidentally killing kids in the car seat of another car, and you having to live with the guilt for the rest of your life. 

“But it isn’t real!”

Bitcoin is not real, but, if it costs $800 billion to produce, it’s real!

Let’s again, things must have a stake in the physical realm, if it doesn’t, it is just air coin, or the foundation is just built on cotton candy.

I think we must avoid these fake environmentalists, a bunch of vegan losers. Essentially, if I psychoanalyze a lot of these fake environmentalists; essentially everyone is seeking a new religion, a new godhead which is the “environment“, but ultimately my critical thought is that once again it just comes down to money;

Vegan and plant based stuff is insanely profitable

For example, Al Gore, I wonder… How much money has he collected from doing his talks on an inconvenient truth, ultimately being funded by taxpayer money?

And also, James Cameron, and also Arnold, how much money they have collected from the vegan pea protein powder plant factory, just follow the money.  Much more profitable to sell a $50 container of vegan protein powder, than a meat company to sell beef rib or beef liver. 

Also a random aside; if you really wanted to be a real environmentalist, you would actually have a 100% organ meat diet, only beef heart beef liver beef kidneys and intestines, because these parts are typically thrown away.

Rich vegans

“Being naked is the ultimate sustainable option. We’re number two.” – Reformation marketing copy 

The truth is environmentalism is very profitable. For example a lot of these clothing companies, I think also like the new one “Reformation“, a female clothing company, they talk about sustainability and blah blah blah, but once again, is it just another marketing tactic to sell their mediocre clothes.

For example, people talk that leather in animal products are evil blah blah blah. Yet the truth is, you’re cheap vegan leather jacket which is made out of petroleum is probably 1 trillion times worse for the planet than a fashionable one made out of 100% real leather. A pleather vegan jacket might only last you a few years, a good leather jacket can you last you 50 or beyond.

Because if you critically think about it, things which last, are better for the “environment”. And typically animal products last.

I love leather!

Also nowadays, people talk about Native Americans and stuff like that, don’t you know that historically the way that natives lived off the land was in harmony with animals, like can you imagine a Native American who didn’t use animal power, ride on horses, or eat meat and bison?

Besides maybe virtue signaling America, there is no great civilization that has ever existed without animal products whether food labor etc. 

I love risk

Once again I think the biggest issue is in today’s world, nobody likes risk anymore. Risk is seen as something which is dangerous bad and to be avoided.

For example anybody who buys a Mercedes car an Audi, a Porsche a Lamborghini whatever… It is ultimately a risk free option in the sense that no one’s gonna make fun of you for owning those type of cars. So in some ways it is a cowardly act;

For example everyone thinks a Porsche 911 is cool, a Lamborghini is cool, a Mercedes or an Audi is cool. Yet  maybe I’m the only one with the big dick in the room, I brag that I drive a Toyota Prius? Everyone is always so shocked and impressed.

Real investors and economists must and should drive a Prius!

Real economics

OK, whenever I discover anybody who’s a professor, who teaches in a business school, is an economist, academic or scholar or whatever… Yet just puts all of their money in a boring mutual fund… Or index fund… It is a signal that they are not a real economist, and they are actually not really connected to reality.

Risk = Happiness

We need some sort of risk exposure to the real world. For example, easy to be the typical fat American who is drinking beer or wine watching sports and American football, giving their opinion on sports teams and players yet they are not actually exposed to the risk of playing real tackle football?

And once again… The more I think about it the more bizarre it is. To watch UFC or mixed martial arts, to watch any sport that you have not yourself played… It kind of like mental masturbation? To sports?

Sports is masculine physical sports masturbation pornography?

Just think about it the average person eats nachos french fries drink beer or alcohol smoke marijuana before watching the big game. But what a athlete who is actually participating in the sport down a beer really quick before putting on their armor and hitting the field? Obviously not!

So why is it that alcohol food beverages is marketed to these individuals, for watching a sport?

It is the new risk free premium hedonism; the joy of seeing people get murdered on a field, or in our arena without any real exposure.

Don’t hate me because I’m so much more physically dominant than you!

People are always so surprised that I played real football real American tackle football in high school, they are shocked to hear that I was linebacker, first outside linebacker then inside linebacker. 

I think it is actually racism; you never expect an Asian guy to play linebacker because we are not seen as masculine or aggressive enough. But if I were African-American or black, even though I am on the more lean side — you probably would not be shocked, because in America, athletes are always seen as being African-American, never Asian. Even an Asian professional sports athlete is almost seen as a glitch in the system, not the real deal.

Even when first deadlifted 465 pounds, sumo style off the floor, and everyone was so shocked, I was talking to my friend Jemal and I asked him — “If I was African-American or black, but people will be asshocked or surprised?” He laughed and said no!

---

So what should we do about things

So I think the first thing you have to think philosophically is what are you really searching for, and why?

My very simple thought is think 300 years ahead, your kids kids kids.

The New Hedonism

The current lifestyle is like the Persian slave lifestyle?

I think the issue we are facing today in today’s world is hedonism — the new hedonism. We seek companionship through humans or dogs, yet we don’t want to have children, we want to preserve our freedom travel the world go to Japan eat good sushi whatever.

But, your dog cannot inherit your bitcoin. 

I think maybe in the past life was actually easier and more straightforward people. You got married, you built up a family legacy and empire; this was actually a pretty good strategy in life. And I think people were actually much happier, productive, and joyful!

Think about all the modern day melodies of depression anxiety whatever, they are all modern day sociological ills.

In fact, the ancient Greeks, thinking about the Iliad; certainly things are natural like courage, cowardice, and fear… But depression anxiety was not.

My sociological theory on why so many people are so depressed and anxious is because of YouTube, Spotify, podcast, TikTok Facebook Instagram, Twitter, news, fear porn. 

The joy of growth or death & destruction?

Have a theory; a lot of people are secretly waiting and twiddling their thumbs, they actually want to see the world burn to the floor, to be able to have the indignant feeling; “I told you… I was right all along!”

For example, all these people, are during Covid and pre-Covid and post Covid whatever, thought that there was gonna be food riots and blah blah blah, none of it happened. Humans are 1 trillion times more resilient than we make them out to be.

This is where also, philosophically I don’t really believe in short selling; even if you could cop a massive profit.

For example there are certain things that I am certain which will go down to zero, like Ada Cardano and the like because it is fake. But rather than hoping that something is going to burn the floor, better to just bet on things that you think that will go to Mars! 

For example, everyone hates Elon Musk, and they are secretly waiting and plotting for him to fail. Yet doesn’t it take more courage to wish and hope and desire to see people succeed?

Even I remember the Tesla model 3; everyone thought it would be impossible, but now, it is certainly the new Ford model T; the coolest, most desirable, most futuristic and affordable car on the road. I personally plan on driving my Toyota Prius until it dies at 1,000,000 miles, but if for one reason or another I was forced to purchase a brand new car, it would definitely be a Tesla, maybe the robotaxi?

---

Disruption

The reason why I encourage everyone to watch the Robo taxi, Robo van announcement is that it is the ultimate disruptor.

For example, the Robo van, the two door coupe, insanely awesome design, with the butterfly McLaren doors… I find like there is no more reason to ever even want to buy a loser Lamborghini, or McLaren or whatever. And I really really love that rose gold, MATTE Rose gold Color on the Robo taxi, and also the rims look awesome!

Why doesn’t the future look like the future?

Once again, assuming that you’re a futurist like myself, the trillion dollar questions “why doesn’t the future actually look like the future?“

For example, if you really do believe in the digital transformation of things, like you care about Apple Tesla Amazon Facebook digital media whatever… Why would you ever buy analog property like a single-family home or whatever? Wouldn’t you prefer to buy digital property which is bitcoin?

And also, issues with tax, property tax. Also assuming that you’re a libertarian, or some sort of anti-government person, bitcoin makes sense because it is like digital or cyber real estate that can’t be taxed!

And I think the truth is that real rich people, know how to do tax deferment, or to avoid taxes, this is a real reason they become and stay rich.

“My accountant so good I’m practically living tax-free!” – JAY Z

Never buy property in California (you will get murdered from property taxes)

For example, even if you live in the lowest tax jurisdiction place which is Florida, and nobody wants to live in Florida, still… Under a base case scenario you’re still playing at least 1.1% in taxes. And that means then, the life of your asset is only 70 years; within 70 years Assuming you buy a $1 million property, you’re gonna pay $1 million in taxes in 70 years.

Then, if you own a single-family home or whatever, or property the coal is actually trying to rent out your property at a premium, but two people who have never really had experience with property property management… It is a fucking nightmare and headache. Finding good tenants and keeping them; the holy Grail. Too much counterparty risk with properties; people who fuck up your property, end up not paying rent in squatting your place, people who start to grow marijuana inside your property, people who turn your property into a brothel (true story), or just physical wear and tear and decay. Anything in the physical realm in my opinion has too much risk. 
And this is where still… In my eyes, Tesla is too much of a risk. Why? Having to build all those cyber trucks, Robo taxis, is just in my opinion, too much of a gargantuan physical task. Even if you automate the whole thing with robots, still, extracting lithium from the Earth, making the cars, delivering the cars, my personal estimate is you won’t see Robo taxis on the road for at least another five or seven years? To me that is too long.

Real world investing

I think the best investment is something that you have a 100% certainty will go up in 30 years, and you just ignore the volatility and the noise on a day-to-day level.

Can it keep going on up forever?

Yes especially if it is digital!

---

Think the classics

Also the funny thing is; bitcoin was the classic the first only immaculate conception; technically Ethereum from Vitalik was just a bitcoin copycat.

My very very basic suggestion is just download Coinbase to your phone, buy bitcoin from your traditional bank account, and once you’re done buying it, delete the Coinbase app from your phone, and never check prices. And what you doing instead it’s just go to michael.com, watch all the Michael sailor interviews, and read books on economic theory philosophy etc.

I personally believe that the best wisdom is in the past; read Aristotle on economics, Fernandinho Galiani on money Della moneta, the principles of economic theory from Karl Menger etc. you should be able to find free PDFs of all these online, just read it on your iPad.

***

Now what?

1. Download Coinbase to your phone, start buying those bitcoins
2. If you have a second car or some sort of asset that you’re not really doing anything with that you really don’t need, sell it, and use the proceeds to buy bitcoin
3. If you’re stuck in the traditional markets, Ira or Roth IRA, retirement whatever… Very very simple just buy micro strategy stock, MSTR– I think it’s going to 10 X from here. My price target for Michael strategy is $2000 a share. Currently trading at around low $200s. 
4. Do an experiment that the next month, just cook all your food at home, buy meat at Costco whatever… Amazon prime or Amazon fresh food, anything that is cheap; quit alcohol and weed for a month, quit eating out and going out for a month, and just put 100% of that into bitcoin!

so should I buy bitcoin or micro strategy? 

You buy the bitcoin, and you never sell it, just keep buying it until you die, and the idea is just give it to your kids kids kids.

And you’re a supreme happiness and joy is through weightlifting, one red maxing, and seeing the numbers go up! 

My suggestion is never ever ever sell the bitcoin, for anything. If you need spare cash for living or whatever, better to borrow the money at 7% interest or lower, assuming that bitcoin is going to go up 21% year over a year, compounded rate forever.

 I would say only by microstrategy MSTR if you just cannot get access to capital to buy bitcoin directly.

At the end of your life, he or she with the most bitcoin is going to be the winner. Or the corporate entity like micro strategy, who owns the most bitcoin.

The goal is a Nakamoto, which is the mythical 1 million bitcoins. The same amount of bitcoins in Satoshi‘s wallet, which he hasn’t touched. This is currently $60 billion! 

---

What else?

honestly because I live like a poor person, for me, at this point investing is just a new passion, almost like a new hobby. Still for me my critical passion is photography, blogging and like.

So the simple thought; know that investing in money is a means to an end not the in itself.

ERIC

***

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Free ideas for life!

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Better to die big than to lie dormant – JAY Z

For the best entrepreneurial and money thoughts:

https://www.michael.com

---

People secretly crave authenticity yet they also hate it and fear it —

The truth:

Nobody is ever lauded for telling the truth!

Ultimately when people study Warren Buffett, Charlie Munger etc ,,, what all these guys are searching for is wisdom.

I think this is good and important because principles wisdom, is resistant to time and technology, but at least for myself, I was born in 1988, searching for practical wisdom has always remained elusive for me.

I think difficult thing is that my circumstances were unique. I was born in the states, yet group poor; my definition of poor is not being sure whether you would be homeless next month because your dad just gambled away the rent money again, going off to Reno in the middle of the night.

I think on two fronts this was useful to me:

First, it taught me self independence at a very young age. I knew that if I wanted anything, I had to work for it. This motivated me to pick up lots of part-time jobs when I was like 1314 or 15, tutoring English, through my honors program at school, working at the local community center, getting a $200 a month stipend etc. 

In fact, my biggest personal pride and joy; essentially, purchasing my first car with my own money! At the age of 15, getting my drivers permit in California, $1000 or maybe $1200 1991 Sentra XE, 5 door sedan, 5 speed manual transmission car — it didn’t even have a tachometer! I learned how to shift gears simply by hearing and feeling the engine? This began my first love affair with manual transmission cars;

In fact, another point of pride, every car I have purchased my own money has always been a used manual transmission car, never exceeding $2500 USD. In fact, the last car I purchased one in Providence Rhode Island before Seneca was born was a 2002 Subaru outback, five speed manual transmission, listed on craigslist for 1000 bucks, was able to negotiate down to $900, then $800 in cash! Lying out those eight $100 bills was the most obvious decision I’ve made in my life.

Obvious decisions are obvious

 In terms of my decision-making philosophy, my unorthodox beliefs; obvious decisions are obvious. 

What that means is before making any sort of decision life decision etc., you don’t need to think about it too much.

Obvious decisions are staring you right at the face, and whenever you have to hesitate before making a certain decision, don’t do it. Why? Your brain is still working out the details, whether or not you should do the thing or not.

For example, buying microstrategy stock, MSTR, to me is a 100% obvious decision. For the traditional markets, it’s literally the only asset worth purchasing.

Why? Essentially they have discovered a free money hack or infinite money hack, which they could leverage their 30-year-old business, which is regulated, and mainstream… And leverage their physicians, borrowing money at less than one percent to buy bitcoin, which is accretive forever, and continuing the virtuous cycle.

I think the idea of a cyber Manhattan, cyber real estate company is fascinating to me. And the difference between bitcoin, Sible real estate and Cyberman Manhattan is that it is actually packed by real electricity and power. For example, problems with all these fake virtual worlds is that it is just powered by a computer code, one and zeros, Any nerd can click a button and create a skyscraper in Sim city.

But what if, if you wanted to build a skyscraper in Sim city, you actually had to expand $1 billion of real capital in the real world, before transferring it and transporting it to cyberspace? This is the 1000% paradigm shift;

The Bridge between the physical, embodied reality,  physical world and realm, to the digital cyber realm… Which is still backed with physical electricity?

it’s a bug, not a feature!

Or it’s a feature, not a bug?

I think what a lot of these goody two shoers don’t get or understand is about real life physics in the game, skin in the game, energy in the game. Everyone wants some sort of hidden upside without any real life downside?

I’ll give you example, everyone wants to read the world of suffering pain injustice and the like. However, a life without suffering Paine injustice and overcoming is not a life worth living.

You cannot have happiness without pain and suffering, nor can you have joy with without sorrow and misery. If we think about this from a Taoist perspective,  I think about Jin and Yang, you cannot have the good without the bad. You cannot have the virtuous without the evil.

For example, obviously being in poor health sucks, and bad weather also sucks. But, when things get much better, you are 1000 times more joyful grateful and happy when things shift!

This is why funny enough, I think people on the East Coast, New England, Providence Rhode Island are happier than people in LA because the weather shifts are more extreme.

For example, when you’re suffering in the winter time for months on then, no sunshine whatever, and then boom, one day the sun comes out, everyone is overjoyed! It is still 55° and cold, but at least it is sunny; everyone runs out and gets their picnic blankets, And the joy of the sunlight is 1000 times more extreme than in Los Angeles where everyone is trying to hide from the sun, even though they love it?

In search of yield

I think for me my number one principle in investing is yield. I think what a lot of people think is what they’re trying to do with their money is they are trying to securitize it, and make it safe, stored in really really safe assets like treasury bills, bonds, or “safe” investments like Apple Amazon Facebook Google and like.

But, my personal thought is life should not be conservative; the point of life isn’t to just conserve your wealth, but rather, to grow it!

Even the story of Jesus, you don’t just take your wealth and hide it and bury your talents, your gold talents in the ground because you’re afraid of losing it. No, the virtual thing is to go out and multiply it!

And I also think the same thing is with wealth; the virtual calling is to multiply it to grow it, not to just bury it, with the fear that it might go down.

How to gain more emotional armor for investing

OK, a lot of these fools, they want quick gains in order to go out and buy the Lamborghini or whatever. But once you find out that only small Dick Losers drive Lamborghinis,  and also, that the useful lifetime value of a Lamborghini might only be three or four years, that is the point in which the maintenance costs and the insurance costs and fixing it up will destroy the price of it in just three or four years, then it becomes obvious; you wish the Lamborghini onto your worst enemy, you don’t desire one for yourself. 

Einstein’s rule of money

So essentially, I’ve literally I think watch every single Michael sailor interview that he’s ever done everything that he posted to Twitter or YouTube etc. Maybe about 100 of them.

Anyways, probably the most fascinating thing that I’ve learned about the value of an asset is the value of an asset is essentially the cost of something or the value is something divided by the maintenance cost.

Now I think this is something that people don’t really think about —  the maintenance cost.

So for example, now that all of my millennial friends are growing up, I’m 36 now, in four years, I’m gonna be 40 years old, everyone’s trying to think about the future buying a single-family home or a condo or property or whatever. And what beguiles a lot of people or shocks people is when they buy a house, all the maintenance costs! Even talking to my friend Anton (congrats on your new kid!) he told me a story while we were in downtown LA about how he bought a house, but the water heater went out, and him having to fix it, and what a nightmare it was.

Also simple things that we millennials never think about… You need a new roof and boom, that’s $50,000. That’s $50,000 I would rather put into bitcoin.

“But it isn’t real!”

Bitcoin is not real, but, if it costs $800 billion to produce, it’s real!

Let’s again, things must have a stake in the physical realm, if it doesn’t, it is just air coin, or the foundation is just built on cotton candy.

I think we have to avoid from these fake environmentalist, a bunch of vegan losers. Essentially, if I psychoanalyze a lot of these fake environmentalists; essentially everyone is seeking a new religion, a new godhead which is the “environment“, but ultimately my critical thought is that once again it just comes down to money;

For example, Al Gore, I wonder… How much money has he collected from doing his talks on an inconvenient truth, ultimately being funded by taxpayer money?

And also, James Cameron, and also Arnold, how much money they have collected from the vegan pea protein powder plant factory, just follow the money. 

The truth is environmentalism is very profitable. For example a lot of these clothing companies, I think also like the new one “reformation“, a female clothing, they talk about sustainability and blah blah blah, but once again, is it just another marketing tactic to sell more Mediocre clothes.

For example, people talk that leather in animal products are evil blah blah blah. Yet the truth is, you’re cheap vegan leather jacket which is made out of petroleum is probably 1 trillion times worse for the planet than a fashionable one made out of 100% real leather.

Because if you critically think about it, things which last, are better for the “environment”.

Also nowadays, people talk about Native Americans and stuff like that, don’t you know that historically the way that natives lived off the land was in harmony with animals, like can you imagine a Native American who didn’t use animal power, ride on horses, or eat meat and bison?

I love risk

Once again I think the biggest issue is in today’s world, nobody likes risk anymore. Risk is seen as something which is dangerous bad and to be avoided.

For example anybody who buys a Mercedes car an Audi, a Porsche a Lamborghini whatever… It is ultimately a risk free option in the sense that no one’s gonna make fun of you for owning those type of cars. So in some ways it is a cowardly act;

For example everyone thinks a Porsche 911 is cool, a Lamborghini is cool, a Mercedes or an Audi is cool. Yet  maybe I’m the only one with the big dick in the room, I brag that I drive a Toyota Prius? Everyone is always so shocked and impressed.

Real investors and economists must and should drive a Prius

Real economics

OK, whenever I discover anybody who’s a professor, who teaches in a business school, is an economist, academic or scholar or whatever… Yet just puts all of their money in a boring mutual fund… Or index month… It is a signal that they are not a real economist, and they are actually not really connected to reality.

The biggest we hear is that you need some sort of risk exposure to the real world. For example, easy to be the typical fat American who is drinking beer or wine watching sports and American football, giving their opinion on sports teams and players yet they are not actually exposed to the risk of playing real tackle football?

And once again… The more I think about it the more bizarre it is. To watch UFC or mixed martial arts, to watch any sport that you have not yourself played… It kind of like mental masturbation? To sports?

Just think about it the average person eats nachos french fries drink beer or alcohol smoke marijuana before watching the big game. But what a athlete who is actually participating in the sport down a beer really quick before putting on their armor and hitting the field? Obviously not!

So why is it that alcohol food beverages is marketed to these individuals, for watching a sport?

It is the new risk free premium hedonism; the joy of seeing people get murdered on a field, or in our arena without any real exposure.

People are always so surprised that I played real football real American tackle football in high school, they are shocked to hear that I was linebacker, first outside linebacker then inside linebacker. 

I think it is actually racism; you never expect an Asian guy to play linebacker because we are not seen as masculine or aggressive enough. But if I were African-American or black, even though I am on the side you probably would not be shocked, because in America Athletes are always seen as being African-American, never Asian. Even an Asian professional sports athlete is almost seen as a glitch in the system, not the real deal.

so what should we do about things

So I think the first thing you have to think philosophically is what are you really searching for, and why?

My very simple thought is think 300 years ahead, your kids kids kids.

I think the issue we are facing today in today’s world is hedonism the new hedonism. We seek companionship through humans or dogs, yet we don’t want to have children, we want to preserve our freedom travel the world go to Japan eat good sushi whatever.

But, your dog cannot inherit your bitcoin. 

I think maybe in the past life was actually easier and more straightforward people. You got married, you built up a family legacy and empire; this was actually a pretty good strategy in life. And I think people were actually much happier, productive, and joyful!

Think about all the modern day melodies of depression anxiety whatever, they are all modern day sociological ills.

In fact, the ancient Greeks, thinking about the Iliad; certainly things are natural like courage, cowardice, and fear… But depression anxiety was not.

My sociological theory on why so many people are so depressed and anxious is because of YouTube, Spotify, podcast, TikTok Facebook Instagram, Twitter, news, fear porn. 

The joy of growth or death & destruction?

Have a theory; a lot of people are secretly waiting and twiddling their thumbs, they actually want to see the world burn to the floor, to be able to have the indignant feeling; “I told you… I was right all along!”

For example, all these people, are during Covid and pre-Covid and post Covid whatever, thought that there was gonna be food riots and blah blah blah, none of it happened. Humans are 1 trillion times more resilient than we make them out to be.

 this is where also, philosophical I don’t really believe in short selling; even if you could cop a massive profit.

For example there are certain things that I am certain which will go down to zero, like Ada Cardano and the like because it is fake. But rather than hoping that something is going to burn the floor, better to just bet on things that you think that will go to Mars! 

For example, everyone hates Elon Musk, and they are secretly waiting and plotting for him to fail. Yet doesn’t it take more courage to wish and hope and desire to see people succeed?

Even I remember the Tesla model 3; everyone thought it would be impossible, but now, it is certainly the new Ford model T; the coolest, most desirable, most futuristic and affordable car on the road. I personally plan on driving my Toyota Prius until it dies at 1,000,000 miles, but if for one reason or another I was forced to purchase a brand new car, it would definitely be a Tesla, maybe the robotaxi?

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Disruption

The reason why I encourage everyone to watch the Robo taxi, Robo van announcement is that it is the ultimate disruptor.

For example, the Robo van, the two door coupe, insanely awesome design, with the butterfly McLaren doors… I find like there is no more reason to ever even want to buy a loser Lamborghini, or McLaren or whatever. And I really really love that rose gold, Matt Rose gold Color on the Robo taxi, and also the rims look awesome!

Why doesn’t the future look like the future?

Once again, assuming that you’re a futurist like myself, the trillion dollar questions “why doesn’t the future actually look like the future? “

For example, if you really do believe in the digital transformation of things, like you care about Apple Tesla Amazon Facebook digital media whatever… Why would you ever buy analog property like a single-family home or whatever? Wouldn’t you prefer to buy digital property which is bitcoin?

And also, issues with tax, property tax. Also assuming that you’re a libertarian, or some sort of anti-government person, bitcoin makes sense because it is like digital or cyber real estate that can’t be taxed!

For example, even if you live in the lowest tax jurisdiction place which is Florida, and nobody wants to live in Florida, still… Under a base case scenario you’re still playing at least 1.1% in taxes. And that means then, the life of your asset is only 70 years; within 70 years Assuming you buy a $1 million property, you’re gonna pay $1 million in taxes in 70 years.

Then, if you own a single-family home or whatever, or property the coal is actually trying to rent out your property at a premium, but two people who have never really had experience with property property management… It is a fucking nightmare and headache. Finding good tenants and keeping them; the holy Grail. Too much counterparty risk with properties; people who fuck up your property, end up not paying rent in squatting your place, people who start to grow marijuana inside your property, people who turn your property into a brothel (true story), or just physical wear and tear and decay. Anything in the physical realm in my opinion has too much risk. 

And this is where still… In my eyes, Tesla is too much of a risk. Why? Having to build all those cyber trucks, Robo taxis, is just in my opinion, too much of a gargantuan physical task. Even if you automate the whole thing with robots, still, extracting lithium from the Earth, making the cars, delivering the cars, my personal estimate is you won’t see Robo taxis on the road for at least another five or seven years? To me that is too long.

Real world investing

I think the best investment is something that you have a 100% searching tea will go up in 30 years, and you just ignore the volatility and the noise on a day-to-day level.

My very very basic suggestion is just download Coinbase to your phone, buy bitcoin from your traditional bank account, and once you’re done buying it, delete the Coinbase app from your phone, and never check prices. And what you doing instead it’s just go to michael.com, watch all the Michael sailor interviews, and read books on economic theory philosophy etc.

I personally believe that the best wisdom is in the past; read Aristotle on economics, Fernandinho Galiani on money Della moneta, the principles of economic theory from Karl Menger etc. you should be able to find free PDFs of all these online, just read it on your iPad.



Something I’ve been meaning to write about and think about; capital, photo capital.

So the first question is, what is photo, why does it matter?

My first general thesis is that photography, digital photography, might be one of the most underrated innovations of all time. Let us consider how many domains it crosses, and why it is such a big deal:

First, the digital transformation of photography, from film photography to digital. I think most thinkers and individuals have not yet grafted how and why this is such a big deal;

For millennials like myself, or people who are born a little bit before or after me, I’m 36 and born in 1988, there certainly is an alert and romanticism of the past. Everyone reminisces about the “good old days”, in which “life was simpler” etc.

 however, a simple intervention: what if, the number one complication in our lives is not digital technology, not the Internet etc.… But something a little bit more unsuspecting; AirPods, AirPods pros, noise canceling headphones? I would actually make the arguments that noise canceling headphones might be the true menace to society, not iPhones, iPads, or screens.

People talk a lot about screen time, no. She is not screen time, the issue is maybe audio related?

For example, I don’t own a pair of AirPods, I don’t even own a pair of headphones anymore. Cindy has a pair of AirPods pros that my best man Justin got us, and this morning just listening to Michael sailor interview, with just one earbud, with the noise canceling AirPods pros, simply to listen to the interview without waking up my mom. Yet, the bizarre feeling; when I listen to the interview, it kind of put me in a weird alternate universe, in which I truly felt disconnected from the world and reality. It actually made me feel a little bit weird.

Disconnecting their AirPods, out of my ears, actually… I have another theory; isn’t your ears, earlobes, sound, kind of related to your spatial sense surroundings of the environment?

My simple idea; if you want to become a better photographer, a more attuned person, just throw your AirPods in the trash.

Visual?

So Aristotle I think one said that our vision is actually more important than anything else that our first great delight on the planet is visual. Even though I’m a guitar for and visual artist, I would actually make the other case that actually… Your ears, and your hearing, Might be 1000 times more important.

For example, let us consider how human beings learn, how they learn languages, speech patterns and communication, and how natural it is for children. To teach the child the alphabet how to read text, is actually very unnatural, a huge technological feat and innovation. However, for a child to learn how to speak a foreign language, simply by hearing the words intonations, the sing song rhythm, is 1000% natural.

 for example, music, music tour ears. Even a one year-old child, who could barely stand, can listen to music rhythms and beats, and start dancing. Even send when he was about a year old, he already learned how to make beats on GarageBand both on the iPhone and iPad! He actually knew and learned how to sample and make beats, far before he was even able to speak!

So my first theory ; music, voice, audio; might be more important than the visual?

Then what?

Advancing this argument; if in fact, audio is more important than visual, then what are we to do as visual artist, photographers?

First, let us return to first principles, first principles thinking. My general idea is that photography and visual things are kind of unnatural. And this is where we make our art.

I think there’s this one saying, maybe Aristotle, what nature fails to complete, man and art completes.

Art should best be stood as a novel invention and innovation technique and tool. For example, art and art making is unnatural. But then again a lot of things are unnatural, but certainly make life 1 trillion times better. For example, can you imagine living without electricity? Even one of my most new favorite inventionsand and innovations; the insane joy of having an in unit washer and dryer?  in fact, all the washers and dryers on the planet can probably contribute 100,000 times more to the carbon footprint than all the bitcoin miners on the planet combined and maybe even multiplied by 10. Yet, ain’t nobody rolling to get rid of washers and dryers.

And also something that people don’t understand, I learned this from my architect friend ERIC, is that almost all buildings, made out of concrete and the such, these are all carbon products. It is almost impossible to build a modern day building without carbon derived materials. So unless you like living in a hut, munching on acorns, without running water Wi-Fi or electricity, maybe this faker signaling about reducing carbon emissions might be a wise idea.

The insanely phenomenal innovation of digital photography

OK let us do some simple math. Let us say conservatively, currently a roll of film is about 10 bucks, for Kodak PORTRA 400. Then assuming that you want someone else to process it and scan it for you, let us say that even on the cheap end, it is $10 or $15 for developed plus scan. This is then around $20-$25, for 36 exposures, or assuming you have that new Pentax half frame camera, you can squeeze out 72 exposures for about 20 bucks or 25 bucks.

No you can see how this can easily get expensive. Even if you shoot four rolls of film, that’s around 100 bucks. That is insanely expensive.

And it adds up. Shooting film guitar for you, now that I am becoming wiser, a more keen economist, is the ultimate depreciating asset, and the easiest way to burn through all your money and capital.

It is kind of like purchasing a high performance car or vehicle that runs on premium gasoline; this might be the stupidest decision of all time. Why? Assuming you have a luxury Lexus SUV, you can easily blow $500 a week on gas, which is maybe $2000 a month on gas! Assuming that you put that money into bitcoin, and bitcoin goes from a $1.3 trillion industry to $130 trillion industry, you have at least 10 X gains ahead of you. So your $2000 — $200,000 or $200k a month! That’s $2.4M a year!

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Becoming a profitable photographer

Everyone is in chase of profits. If you do not chase profits, you are a fool.

What is the easiest way to get profits? Simple; keep your expenses insanely insanely low, this is the key.

The number one rule in money finance and investing; simple, just don’t lose money! 

How does one lose money? There’s 1 trillion ways to lose money;

First, equipment, gear, or never investments. They are the worst thing that causes you to bleed through your money.

If you want a really really great camera that will last you a very very long time, my current suggestion is get the Lumix S9 full frame camera, my personal thought is this body should be able to last you 5 to 10 years, and just get the 26 mm F8 pancake lens which only cost 200 bucks.  The body is around 1500, the lens is about 200 bucks, so the whole set up ($1700) should be able to set you up for a long time.

Or, just buy the cheapest smallest most affordable Fujifilm X camera, also just get a interchangeable lens system. There’s a new XM-5 body, I think it’s only about 800 bucks. And just get the cheapest pancake lens, which should be a little bit less than $1000.

If you’re a hobby photographer, on a budget, just get a used Ricoh GR digital camera, whatever generation suits your budget.  I have already proven in 2017 that you could take insanely great photos on a Rico GR two camera, which was only $600 at the time. And all the new Ricoh GR 3X cameras and beyond, are also insanely good. All around $999 and below.

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What’s your telos?

Ultimately, with enough time meditation reflection and consideration, it all comes down to philosophy. The philosophy of photography, a concept that I pioneered maybe seven years ago. 

Why does this matter? Ultimately you have to think about the purpose or end goal of things. For example I was looking at this new meta-quest augmented reality glasses that Facebook just put out, and I just watched it, scratching my head, looking at all this impressive technology advancements, and it just made no sense to me. Somewhat along the line, should have come in with a critical thought, and thought;

Is this something that people need and or want?

Kind of a bad thing is that nobody wants it, and also nobody needs it. Apple Vision Pro is an utter disaster, Steve Jobs would have never ever ever allowed to even go into development. Because Steve Jobs was a master mind and understanding the human psyche, human economics and proportions. Never forget the legend of the original iPhone three; pioneer the iPhone three and the iPhone four and 4S to be used only with one hand, with your thumb being able to reach all sides of the screen without stretching. And then, after his tragic passing, all these greedy apple executives, trying to increase shareholder value, kept making the iPhone bigger and bigger, heavier fatter uglier, compromising design for the sake of “power“, inadvertently causing millions of people on the planet to get extreme carpal tunnel pain in their hands, and also, falling victim to this terrible cycle of constantly upgrading their iPhones, until no end.

In fact, I find Apple to be the new loanshark, the new evil presence, the new bank which preys on poor people. 

For example, there’s all these plans now in which you could keep upgrading your iPhone, at a 0% premium, forever. This is terrible; Apple stimulate some sort of fake desire for a fake thing; which doesn’t have any true utility. Everyone knows this, even Apple employees know this. The whole place is a mess.

Even now, just go to any Apple Store, feel the vibes. What was once energetic, happy optimistic and friendly has gone dark, Muros, Molly, unfriendly and cold, terrible to go to.

Back in the day I used to be excited to go to the Apple store like a kid going to a candy shop. Now, I avoid the Apple Store like the plague; even the last time I went to the Apple store, simply to just buy a new iPhone Pro to test it out, I literally had to wait in line for about 30 minutes, Before anyone even attended to me, before I could even purchase my device?

And once again, the biggest benefit to go into a store in real life is you could sense the emotional energy of people. Everyone looked miserable, disgruntled, unhappy.

Choose hope

I think the reason why I am so enthusiastic about bitcoin, Michael sailor, micro strategy and like is that it is full of optimism, hope and happiness. Everyone is happy in the bitcoin community, smiling, optimistic joyful, happy, and everyone is part of the same emotional roller coaster.

And the whole bitcoin network is virtuous because if micro strategy turns into $1 trillion company, the first bitcoin bank or the first bitcoin finances corporation, everyone wins! The price of bitcoin goes to 13 million a bitcoin, everyone wins. The hedge fund managers, the 80-year-old retired person with bitcoin spot ETFs, The individual bitcoin holders, people with the Coinbase account, even the crypto anarchists.

You know the sign of a good investment when both anarchists and traditional corporate capitalist can thrive together. 

I actually had a thought, back when I bought bitcoin for only about six or $7000 of bitcoin… A bitcoin could actually benefit photographers and street photographers, in terms of accepting payments in bitcoin, charging services in bitcoin, we’re also figuring out how to use bitcoin, NFT’s and wrapping it, maybe creating some sort of new economy for photography and art?

I also have this big idea, creating the first Satoshi and bitcoin back photo platform. ARS, arsbeta.com was my first stab at it; but the issue at the time was there was no real financial instrument backing it. Now that lightning has been invented on the bitcoin at work, the ideas of micro transactions with the Toshi’s becomes a real reality; assuming that a single Satoshi is real money, but super super small, like a fraction of a penny; things become very interesting because there is a true financial stake here; real skin in the game.

For example, if every single time I liked your photo, but it cost me a single Satoshi, you would probably think twice about it. And if to follow somebody, cost you a Satoshi or gave us Satoshi to the photographer, or creator… This would be a big idea.

And also, the idea of a photo critique community, shout out to my friend Jun Goodhouse Kim, if commissioning somebody for a real photo critique would accept payments institutions, then, a real new economy could arise.

Currently the number one critical issue with Instagram is that it cost nothing, and the whole platform is being run by bots.

TikTok has become an interesting disruption; back to by mainly in China, and spyware, essentially China has been able to disrupt the social media industry of Instagram, essentially taking everything that America did well with vine, Twitter Instagram and Facebook and YouTube, Snapchat and Instagram stories and making it far better. Making it more entertaining addictive, more toxic?

Actually the number one reason I encourage everybody to delete TikTok, is that it might be the most toxic poisonous substance of them all; because they are a century backed by a low-key evil mainland Chinese corporation, there is zero incentive for the company, Bytedance to moderate or to delete dangerous videos concepts and ideas; the amount of conspiracy theories and weird stuff on TikTok is alarming, even to me. And also, I’m a little bit concerned about all of the unregulated things which are happening on TikTok, at least YouTube Google Facebook Amazon and the like try to do some level of content moderation, with TikTok there is none.

Assuming that Donald Trump gets elected president or whatever, the first thing he should do is probably ban TikTok.  I almost find this to be a moral imperative; there is a terrible asymmetry here;

Why is it that America allows a Chinese corporation like TikTok to operate in America, but mainland China does not allow any tech company to operate on her shores?

Other stuff which are very scary; all of these video games like RIOT games and like, which once again are all run by mainland Chinese corporations, is essentially China’s plan to indoctrinate the heart the souls and the minds of the youth. The best way to spread bad propaganda is through soft propaganda; soft coercion, through entertainment media and the like.  Even a very very weird thing, watch Pacific Rim to the movie; I think they had some financing from a Shanghai backed venture capitalist fund or something; that paints China mainland China in a very favorable light? I recall watching this on an airplane and finding this to be an extremely bizarre thing.

Even apparently, the new Disney Mulan film the live action one, the main actress commended and praised the Hong Kong police for cracking down on the pro democracy student protesters?

And also, let us consider the biggest coward and pussy of them all, John Cena who had to publicly “apologize“, for calling either Taiwan or Tibet a country?

The same goes with any sort of NBA player, because there are so many people in mainland China who love basketball, even this one mainland China governmental official, who I met in Cambodia, super friendly and 100% fluent in English, told me that he named his first son Jordan, after Michael Jordan.

And this is what a lot of people who don’t understand we have never traveled to; the Chinese is the mainland Chinese, the everyday person loves America, American culture, and would honestly prefer to be here than in mainland China. But capital controls, the oppressive government prevents that. And this is once again, why any rich and smart mainland Chinese person will send their kid to an Ivy League school in the states, And or prefer to buy property or homes in Vancouver, because living in China sucks. You don’t want to be a billionaire in Shanghai or Beijing; the pollution itself will kill you.

Back to photography

Life without photography is not a life worth living. Or, a life without photography would be a mistake. 

I think for myself, the biggest draw and appeal of photography is that it is the great antidote to things; the great antidote to joy, driving, happiness and the like.

For example, I still do believe that traveling is good for the soul; better to spend $100,000 on traveling to planet, rather than buying a loser Tesla car. Or even a single-family home, I’m starting to think more and more, buying homes in America’s a scam. Better to just buy bitcoin instead, and see your money 100X from here. 

If I could tell you that buying $1 million a bitcoin today, which is about 16 or 17 bitcoin, would grow to be 100 million in 21 years, and I could tell you this with 100% certain to you, would you do it? Of course! Only an idiot wouldn’t.

But I think the problem is in America, even for us millennials, now that we’re getting older, having kids etc.… Is that having physical property like a single-family home is the Apex of humanly worldly success in America. But this is a 20th century idea, The baby boomers and before then. Or Gen X. A 21st-century idea, in the year 2024 and beyond, is the digital transformation of property, or digital energy which is bitcoin.

Hope

No no no, the world is not going to explode, there will be no World War III, Bill Gates is not trying to inject 5G into your butthole, and control your soul. And no no no, mainland China is not a threat; I think China only has one military base somewhere in Africa, in America has maybe 1000? The power of the US Navy is maybe 10,000 X to that of mainland China, I think the whole red herring of China as a threat is just a distraction, maybe by the US government to encourage increased spending for military budgets. But we all know that nobody can mess with America, even if they wanted to.

Even Russia, the lame duck with loser Putin running the show, obviously Russia is losing. Putin, with his Shorty guy Napoleon complex, thought he could take over Ukraine, and obviously he cannot. And I think sooner or later the people will overthrow him, exile him, or who knows maybe even hang him? Like Marie Antoinette?

Now what?

Once again, photography might be the most democratizing force. For example, like a Camera is very profitable in mainland China, this is why like a Brazil was forced to take down the Tiananmen Square commercial. But the truth is difficult to hide; once you’re rich mainland Chinese kid oligarch from a billionaire family goes to Harvard Yale Stanford UCLA UC Berkeley, and get access to Google or ChatGPT and Gmail; obviously they’re going to discover the truth, and prefer to be in America than China. The only rich mainland Chinese kids who go back to China because they are strong armed by their rich families to come back to inherit the family business, obviously against their own will.



I think I might be the richest millennial I know, or at least anybody who is born in 1988, besides Mark Zuckerberg.

How and why?

First, I think I am the only millennial I know with literally zero debt. Like zero mortgage, which is debt, zero car payments, zero college loans etc. Actually if I think about this in retrospect, growing up poor might have been the most beneficial things: seeing the evils of gambling via my dad, and crushing debt bankruptcy through my mom… Was probably the best indicator or learner that I had in terms of real life experience, in terms of how terrible the evils of debt is.

And also, even going to college… Essentially being able to go for “free”, because my family was poor, I got all these scholarships and grants, and work-study loans, which essentially means that I still have to work, but at least, I had to take on zero debt to pay for my dorm apartment etc.

Voluntary loans

The Only money I borrowed was about $10,000, more for fun; I used that money to backpack through Europe, travel the world in between my junior and senior year etc. But that was optional.

And also, I think the really really big thing; never spending more than $2500 USD on a car? I think that was the sticker price for the last car I purchased which was a 1990 Miata, when I was 21 years old, it might’ve been $3000 USD, getting it used on craigslist, ironically enough because the man selling it had a child on the way, and sold it because it was no longer useful to him having to raise a kid. Funny that I am in similar shoes now, now that Seneca is 3 1/2 years old.

Mindset

I think the number one critical thing is to just change your mindset. One thing which I have learned after the almost 15 years of being self-employed, ever since I was 21 until 36… Is truth be told, nothing in the world is really worth it. No amount of money eating out at a restaurant is ever worth it; purchasing beef ribs at Costco and baking it at home is at least a 100X superior yield than any restaurant, or even all all you can eat Korean barbecue; currently, my favorite spot is Chubby Cattle, but even though they issue there is they have a 90 minute time limit, I think my current record is about 70 plates of beef tongue. I just went to the recent little Tokyo branch which just opened, and the servers, their jaws dropped; asking me whether I was a bodybuilder, given how much I ate, even on the last call I asked for 20 plates of beef tongue, they were skeptical, but I finished it all quite easily.

Spartan is sexy.

True insights ,,, take real risks:

Y’all niggas still taking advances huh? Me and my niggas were taking real chances huh! – Jay Z

The ultimate mindset I suggest is going spartan. Just watch the movie 300, think about King Leonidas. Would King Leonidas blow his money on a Tesla, cybertruck, Lamborghini or Porsche? No! He would know that these things were just for the Persian slaves, those giving fellatio to King Xerxes.

Do you want to be one of the 300 Spartan elite, or do you be one of the million Persian slaves?

There is a motto in the US military, freedom is not free. I would refine this saying; freedom is expensive, very expensive.

The price is sacrifice

True freedom is what you decide to give up, forgo, or sacrifice. This is embodied via the fact that you never eat out, you don’t drink alcohol, you don’t smoke weed or do drugs, you don’t go on trips to Vegas, you don’t watch pornography, you don’t watch any media, you don’t listen to music, podcasts, etc. You don’t watch YouTube, Instagram or TikTok.

People think that being rich means to have millions of dollars, and I want to just spend it all buying stuff. But there is a difference between having $1 million in the bank, and going out and buying a $1 million Bugatti. 

Even Kanye West had a funny quote about being a multi billionaire; you don’t want to be a billionaire because if you are worth $1 billion, you go out and you buy a McDonald’s hamburger for a dollar, and now you’re only a $999,999,999-aire.

Investing

You want real real exposure to risk and reward.

For me, certainly there is a great surge of power joy when you see your investments yield. To see the number go up is good and to see it keep going on is a good thing.

For example, very surprising, people are starting to know that I am an investor, or a trader because I walk around super happy, huge grin on my face, like Arnold in his prime. A boyish grin. And smiles all around!

I think people can smell and sense high testosterone, high power and energy. Even though I dress like a homeless person, half of the time I’m not even wearing a shirt, but people they know.

So essentially the first rule on investing is simple: don’t lose money. Never put your money into anything that you think will cause you to lose money.

So for example, a lot of people think that bitcoin is super risky, but actually it is not. It is just very volatile. And funny enough, it’s a feature not a bug!

Higher volatility = higher returns

The volatility of bitcoin is a feature not a bug!

To quote Michael Saylor, volatility is vitality. The more volatile something is, the more energy they have. To quote the recent Bernstein interview that Michael Saylor had, the reason why LeBron James is the most potent force on the court is because he is the most volatile. Also, volatility is good when it comes to Tsunami because it has massive power. Look at the slides here.

Why are the traditional markets closed in the evening and the weekends?

And also, an insight I gleaned is the reason why bitcoin’s price goes up and down all the time, is that it is being traded 24 7, all the time in real time. Maybe the reason we see less volatility in the traditional markets is because they close! But imagine there was a Cuban missile crisis, Friday night, can you imagine the insanity; you’re not able to withdraw your money or sell your stocks until Monday morning?

“Why doesn’t the future look like the future?” – Elon

Currently we are in the year 2024… We are supposed to be so into the future. It still boggles my mind why in the year 2024, the markets close and open? I did some ChatGPT research on this, why this is, and there are some weird notions of work life balance, or maybe because back in day when stocks were actually traded on the physical floor, like the wolf of Wall Street, it is because they literally traded stocks like pieces of paper, and it was in the physical realm?

But now, because it is all digital… And half of the agents trading online are just bots and robots, there’s literally zero sense for anybody to trade anything that is not online.

Well let me give you a better example, we have all these hipsters telling us that film vinyl and analog things are better. But do they use an iPhone which is powered by gasoline? Or film cartridges?

Can you imagine living without the internet?

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What’s more important, water or Wi-Fi?

Certainly water is more valuable, but I think the way that people treated nowadays is that Wi-Fi, having internet connectivity 5G is more critical.

I would actually say even with food; you could fast somebody for 40 hours, and even if they have water they will not die. But, if you try doing that with internet, I think the downsides would be much greater.

Easier to fast 40 days without food than to fast 40 days without Wi-Fi. 

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How I became a trader

My first taste for investing was when I was around 15 years old, it was totally random, learning about stocks, mutual funds, etc. I remember buying about $900 worth of Adobe stock, in writing it up to around $1250, and then later buying some mutual funds. And holding it all in college, maybe it went up to around $1500 or something.

In fact, Dr. Ahmed my science teacher in high school first told me about aggressive mutual funds, and how I should become an emancipated minor and get into trading etc.

Financial freedom at the age of 16?

For me, I think the reason I first got into it was I wanted to feel superior, advanced, ahead of the curve. When most of the kids at school were still begging their parents for a PlayStation, I felt so advanced mature and superior,,, already knowing how to invest in the stock market.

In college, when I was hungry for my own financial freedom, I remember daytrading as a sophomore in college, waking up super fucking early to trade the markets, and note, this is me at around 19 years old. And feeling the hormonal rushes when my money would go up or down. And not being able to concentrate in class because I’m just thinking about the green or reds.

The best lesson of all time

Long story short, I ended up losing all of my money I think my senior year, maybe $3500 worth, because I accidentally misread some of the financials for this one oil company I was invested in (penny stock). I recall, I regretted this so much, and felt so saddened by this at the age of 21, thinking that I would never be able to recover. But now that I am playing with millions of dollars in investing and trading, I learned that it might’ve been the best thing that happened to me, with about 15 years of foresight. Why? I already got rid of the emotional roller coaster as a young child, and as a teenager, and a 21 year-old, which means now, as a 36-year-old man, I am far more calm collected stoic, and unemotional about it.

The stoic investor

My suggestion: don’t get too excited when your gains go up. Otherwise, you will become addicted to the gains. And you might lever up and take foolish financial risks, to see even greater gains.

Good greed, bad greed?

I personally believe there is a difference between good greed and bad greed.

What’s the difference?

Good greed is you’re trying to think 30 years ahead, ahead of the curve, see where the puck is going, not where it currently is. Chasing at least a 10X yield. Or even 100x, or 1000x. But over 30 years.

A foolish greedy person is into professional sports, sports betting, counting cards, playing poker and blackjack, and trying to “time” the market. And make gains in days, weeks, even months.

Michael Saylor and microstrategy has purchased bitcoin 40 times now, every quarter for the last 4 years.

30 years is the reason

If you think 30 years ahead, this cuts through the noise. This is the ultimate razor. ERIC KIM’s razor.

Certainly nobody likes to think 30 years ahead because they want immediate hedonic pleasure right now, through sexual and mental pleasure, physical pleasure, travel and exotic experiences, Omakase sushi, and the pleasure associated with driving a fast high-powered car.

But think about it, even if you have a Porsche 911 GT3 RS, or a Lamborghini with scissor doors, even a Tesla model S plaid, you have no skills. Any skinny fat loser can simply wedge his right foot all the way to the floor, and obviously it will be loud and go fast. This takes no courage besides the foolish fact that you might kill yourself or you might kill somebody else in their car with their kids on board.

Buy weights & bitcoin

My thought is the only true courage is physical courage, weightlifting, powerlifting, one rep Max lifting. The risk of physical injury is high, which motivates you to warm up, be cautious, and set up safeguards. I think one thing that people don’t understand is that weightlifting could actually be the safest activity out there because you could control all of the variables. For example if you’re tired and not in a good mood, the wise thing to do not is not do it. Compare this to professional sports, even when the players are exhausted, they are whipped like cattle to perform, apparently there are stories that back in the day in the NFL, it would be common for lineman to sniff lines of cocaine, before applying to hype themselves up. 

One day of victory is not worth a year of pain

For example, one foolish decision that I made doing an extremely heavy floor bench press, six plates, caused me to injure my wrist which has plagued me for a year and a half, the wise thing to have done was just to take the day off, one day of success is not worth a year and a half of misery. The only reason I did it was because it was my “off day”, and I wanted to stunt on other guys at the gym, very foolish.

Whenever you try to impress yourself, you shall succeed. Whenever you try to impress others you will fail.

I also think this is the wisdom of thinking long-term; nobody wants to be a Ronnie Coleman and be a cripple for the rest of his life, even if you win all the accolades.

What I learned from the book “Pumping Iron”

I think this is also where Arnold Schwarzenegger was very wise; he was on the juice and all of his buddies were, but he had the wisdom of getting out of the bodybuilding game in order to do more interesting ventures, like acting business etc. Because he knew that maybe, all of the bodybuilders taking steroids were doing irreversible harm on themselves.

People sometimes talk about the golden days of bodybuilding… But all these guys were on steroids! Now, it is kind of disgusting, the average female women’s Olympia might have been even buffer than Arnold in his prime.

Who is richer?

Talking to some homeboys from the Toyota dealership, when I ask them what is the difference between me and you? One of the guys said, genuinely, “You are free.” Possibly the best compliment of all time.

Even now, people do this big dick measuring contest, like who is richer. But, this is the wrong measurement.

Let us say you are a straight man, and you sell your soul in your butt hole for gay pornography, and you get paid $1 billion a year. Would you do it? Obviously not!

Certainly there is something sacred and profane here; there are certain things that one does not even for trillion dollars.

For example, if you could give me $900 trillion, but I had to sell my firstborn son into slavery would I do it? Obviously not. Not even if you took that $900 trillion and multiplied it by $1 trillion.

NASSIM TALEB Has this funny quote, to the person who says that they cannot be bribed, you’re just not offering enough money.

And I suppose this is the ultimate test, whether your ethics morality and your personal beliefs matter more than money. Or even the approval of your spouse, etc.

And I think the negative risk, the sacrifice, or the potential for downside is what truly dictates your real beliefs. And what you are willing to forgo.

How to get rich with bitcoin

Very simple, just opened up account with the Coinbase app on your iPhone or whatever, link it with your traditional bank, and just keep buying bitcoin, until the end of time. And the goal is to give it to your kids kids kids.

Become insanely Spartan and frugal, sell your second car, maybe remortgage or refinance your house to get more cash on hand, buy the bitcoin, and ride the 55% ARR until the end of time!

ERIC

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I think in fashion, life and beyond, what we are seeking is beauty, beautification of ourselves, our environment, our vehicles and clothes etc.

What I find insanely bizarre is that it is pretty common that people will spend $3.2 million on a home, or $250,000 on remodeling their home, making the interior of their home or beautiful or whatever, yet they spend zero money or concern to beautify their own bodies?

Body thoughts

So I think the critical issue here is that modern day society and capitalism is actually antibody. The body is seen as an afterthought, especially because we have this strange Puritan Quaker Protestant work ethic morality when it comes to work, saving for the future, and essentially that the body is evil.

For example, probably close to 100% of American males watch porn pornography, yet still… Man feel embarrassed about it? Or chuckle about it?

And also, one is not allowed to be sexual anymore? Do you have any sort of sexual desire or drive is seen as bad?

Why capitalism consumerism sends us mixed signals 

OK some very bizarre thoughts; we are indoctrinated that it is good to be different, to be remarkable, and to be unique. Yet, everyone is just trying to be different and unique all in the same way?

Example, with clothes and clothing brands. The problem about the democratization of fashion is that anyone could buy the same outfit or sneaker or brand so but it does not make you beautiful.

We must labor to be beautiful!

My personal thought is the only way to become beautiful is simple; through vigorous physical exercise, through weightlifting, yoga or whatever, and also, maximum time spent outside, walking, in the direct sun and elements. Ideally minimum amount of close possible, to best showcase your naked human body.

Why is it that when you look at ancient Greek or Roman statues, they are all naked? It is because man, and woman, is the peak of all beauty, and perfection. For example, no Lamborghini or Ferrari or sports car on the planet is as sublime as an insanely beautiful female human body and face. For example, that one Cuban American actress, the one that was in Blade Runner, and now the new upcoming John Wick ballerina movie, has an insanely beautiful face! Not too sure about her height — but, it is very refreshing to see a beautiful female actress and face, with full lips, bright eyes, a great personality. And also kind of refreshing to see a beautiful female actress in Hollywood without a boob job; for example if she is insanely sexy in that last James Bond movie, when she is about to go into that secret club, and she has that beautiful blue dress, obviously without a bra on top.

And I think this is the big thing is that bigger is not necessarily better. I think for a minute, I think steroids and breast augmentation go hand-in-hand; for a minute the general idea was bigger is better.

For example, bigger muscle muscles, bigger chest, was better? Also with women… Bigger breast, bigger butt, bigger lips or whatever it was better?

Think proportions

I think you cannot really fool the human mind.  for example, assuming that you have a relatively short woman, let us say she is 5 foot tall or something, and she is quite petite; and then she has a C cup or a D cup breast size, certainly something will look a bit off.

Natural realistically… Petite healthy beautiful women, they have supple breast, and I think the physiology is that too signal of fertility, the breasts are firm, and also kind of point upwards?

Anyways, what is kind of counterintuitive is that I think man, certainly we are attracted to the female breast. Even in the Emily Wilson translation of the Iliad talking about ”breasts which kindle desire”– it ain’t about having some sort of massive porn star breast. Actually, when female breasts are almost too big, two circular and spherical, too perfect, they look hard instead of soft and supple… It is actually a little bit more grotesque than attractive.

And I think this is where a lot of modern day pornography has things wrong. They assume that guys just want girls with huge tits, so then they will enroll women who have these really tacky boob jobs. Yet I think what men desire to see and witness is to imagine or visualize or fantasize a beautiful woman who is attracted to them, and maybe wants to be seduced? 

I also think the bizarre thing in America is that at least with women, it is no longer trendy for a woman to desire to be desired by a man. And then once again this becomes a little bit weird; women then are somehow trying to look sexy to get likes and comments and followers on Instagram? But don’t they know that these are mostly a bunch of 50-year-old, single childless men… With nothing better to do?

For example, let us say that you are a young attractive woman, with 10 million followers on Instagram. But if I waved a magical wand to reveal to you that literally 100% of these followers of yours, were literally a bunch of 55 year-old single childless fat men, would that change your perception or feeling?

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Beauty for the sake of what?

So I’m starting to think that beauty is just another product to be marketed to us insult to us. And if you just follow the money it is pretty simple; sooner or later someone is trying to sell you these overpriced caffeine powder supplements, protein powder whey creatine etc, vitamins, etc — or even worse, strange hormone “therapy” or testosterone replacement stuff.

The only influencers and people you should trust are people who encourage you to do a “via negativa” approach — who tell you what NOT to do. For example, people who tell you not to consume protein powder, not to take pre-workout powder, not to take vitamins and minerals etc.

Essentially, somebody who is not either directly or indirectly monetizing their advice, in terms of product services or advertisements.

Maybe the reason you could trust in ERIC KIM is that I am already independently wealthy through bitcoin and photography; so anything that I have to say about diet health and fitness, you know you’re not being played. 

Via negativa food & fitness

Once again guys some simple ideas:

First, the real big idea here, which I literally have never ever ever heard anybody else say, is the virtues of intermittent fasting, and fasting, and not eating anything before you lift weights or work out. 

For example, some fools say this is dangerous, but come on… I am a 100% all natural weightlifter, and I was able to successfully lift 1000 pounds, that is 10 1/2 plates on each side of the barbell, all while fasting and in a fasted state, consuming nothing but tapwater and black coffee. And I am not some sort of fat dude on steroids; I’m 6 foot tall, 4% body fat,  and maybe I weigh around 160 or 165 pounds? I don’t really know because I haven’t weighed myself in about seven years. But I got a penis arrow, which speaks for itself.

Ultimately why does this matter?

 What I think is ultimately, sooner or later, people will wake up and learn and realize that they will want to have kids!

99% of these fertility issues of modern day life is due to the fact that both man and woman is infertile, they consume too many drugs alcohol and adopt vegetarian and vegan diet “plant based “diets, which lead to impotence, in terms of both parties.

For example, modern day man their testosterone is so low because they don’t consume enough organ meats, beef liver, beef heart and beef intestines, red meat steak etc.

Also same goes with women. Whenever you see a woman who is a vegetarian or vegan or “plant based”, she doesn’t really look that healthy or attractive.

The Fiat standard 

I’m currently reading the field standard by Saif Dean, same author as the bitcoin standard, and I’m actually having a lot of fun! One thing I learned about book reading is that reading a book should be fun and playful! It should make you laugh, question things, and the whole process should be pure joy, not drudgery.

Another thing about modern day life is that somehow we have indoctrinated people that for one reason or another… Reading a book must be arduous and hard and boring and require some sort of overcoming. No. A book should never be boring. If a book is boring it is a failure.

A big deal; October, 2024… Elon Musk uncovered the we robot Robo taxi cyber cab, cyber van future; 

The reason why I feel like this is an insanely big deal;

First, it looks fucking cool! Finally, the future actually looks like the future?

Tesla > Apple

First, the great thing is watching the announcement, Elon looks like he is in great shape! He looks 1 billion times happier, cheerful optimistic, and healthy.

And also… Charismatic leader; I think we all need some sort of figurehead to follow. For example, the reason why Apple is a bad bet is there is no longer a face behind it! Tim Cook, kind of boring like granola. Jony Ive has left, so nobody is left.

It’s essentially when we think about Tesla, SpaceX, we think of Elon Musk. Having a face behind a concept is critical.

Same thing goes with Kanye West, and also now Michael Saylor with bitcoin and micro strategies; I am very insanely impressed… Microstrategy stock has gone up 14.4X, over the last four years, which has even outperformed bitcoin!

A random thought; I think the future will belong to those or whom or the entities in which own the most bitcoin. Assuming that bitcoin is digital property, digital capital, the Apex form of property in the universe, then what that then means is assuming that you want to build a dynasty which last forever, call us to maximize your property, digital property right now.

Why?

I think the tricky thing is when do you think about property money wealth power etc.… The question that people often ask is why?

Assuming that property is capital, in capital is more critical than money… In that most US dollars and fiat currency is just credit running on 20th century rails… What that means is we must think digital, we must think cyber.

Why I’m still betting on bitcoin and microstrategy over Tesla 

Watching the new announcement has given me an insanely huge wave of motivation and optimism for the future! Essentially the future looks phenomenal; it looks super cool, and with the upcoming cyber car, cyber taxi, and cyber van… Finally… The future will look like the future!

And I also think that the insanely optimistic thing about cyber truck is that finally, a vehicle on the road which actually looks like the future!

I recall, in the year 2020, just a little bit before Covid hit, while in Providence Rhode Island I was meandering ,, it is the year 2020, technically we are living in the super future, why doesn’t the future look like the future? Why does the future look so lame?

Cyber upside

So the reason why bitcoin and micro strategies; even though I am a huge Elon Musk and Tesla fan, laws of physics are really hard. I think Tesla still has about 1 million cyber trucks they need to produce, and on top of that, having to produce all these new cyber taxis and cyber vans, Will be very very difficult. I am very confident that Elon and the Tesla team will pull it off, realistically it might take 10 to 20 years, because the laws of physics are hard. For example, physical manufacturing, lithium ion battery refineries, supply chain etc.

I think what Elon is doing is very admirable because he is currently addressing their real life, physical and bodily challenges we are facing today.  for nobody who has never lived in Los Angeles, never being stuck in bumper-to-bumper traffic from Pasadena to the west side of Los Angeles, you’ll never know what Carmageddon, traffic will look like.

And also, something I have discovered whenever I drive to East LA, Koreatown and the like — fucking sucks. All of that concrete, no green spaces and trees — during the summer, it felt about 10 to 20° hotter there, and the pollution is practically unbearable now. Gavin Newsom and California trying to get rid of tailpipe emissions is a phenomenally great idea.

For example, the only thing I hit on the planet is maybe cigarette smoke, and the smell of tailpipe emissions, which is fucking toxic, and immediately gives me a headache. I’m currently on a Crusade to tell people who are smoking on the street to not smoking — the text a lot of wits, guts, and quick thinking, because it is something that is insanely important, not only does it immediately give me a headache, but come on come on I have a kid!

These fucking assholes

What I hate about smokers, cigarette smokers is that there are smoking on the street, in public, indignantly like they are not harming nobody else. You fucking assholes. At least you have a filter to smoke your cancer sticks through, but whenever you exhale your secondhand smoke, that shit goes straight into my lungs and my brains!

First, my vision is to just make smoking cigarettes outdoors illegal. In any public space. If you want to hotbox your house or apartment or car with the windows closed, and give yourself lung cancer that is fine; but the rule is to not allow smoking on the street, public sidewalks etc.

I think technically the law is you’re not supposed to smoke within 25 feet of an eating establishment, but my personal vision at least for Culver City and beyond and on the promenade is that it would be illegal to smoke cigarettes, anywhere which is not outside of your house!

why is everyone a bunch of pussies?

Essentially the thing that is insanely annoying to me is that nowadays, everyone is a bunch of pussies and cowards. For example, all of these fat losers with beards, buying guns in ammunition, they feel so tough watching their alternative right conservative media outlets, yet, they don’t even have the courage to speak up against people who smoke cigarettes?

People are often shocked by me because I actually have the audacity to stand up and speak up. Because everyone else is a coward.

I think the number one fear that people have, at least in Los Angeles and beyond is that if you somehow confront a smoker for being an asshole, they will somehow pull up a gun and shoot you?

First, maybe it might happen if you’re in South Central, or somewhere super hood, but very very unlikely if you’re in the west side or somewhere nice like Culver City? Especially since they’re a bunch of cameras around?

There is also a fear that when you tell people in LA while they are driving, to drive more carefully, they once again, they will somehow also pull up a gun and start shooting you up?

It’s tricky because it is true; there are some people with guns, conceal and carry guns, whether in their glove compartment, on their body etc. I suppose this is where trying to distinguish people is wise;

If somebody looks like they’re from the hood, or mentally unstable, better to just play it safe. But obviously if you see somebody who looks affluent, driving some sort of expensive car or whatever, then speak up! The funny irony is at least in America, and in Los Angeles, Rich successful people don’t really own guns. Guns are for poor people from the hood, or people who are from the right marginalized communities —

Well actually a lot of people don’t understand is a lot of right wing conservatives who own guns and live in the Midwest etc., or the south, or Idaho whatever… Actually tend to be poor, below working class? 

So for the most part, obviously there is crazy stuff in LA, but I would probably rate Los Angeles much safer than we think it is; honestly, you’re more likely to die getting hit by a car, or dying in a car accident from somebody texting while driving, rather than somebody shooting you with a gun. By a factor of 1 billion?

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Cyber soldiers

 so one of my great points of optimism is that the future of warfare will not be guns bullet ammunition, not even drones or bombs. I think the future of warfare will certainly be cyber, cyber warfare, economic based.

For example, it seems that economic embargo are effective, because when it comes out to it, technically everybody on the planet wants world peace because more peace means more prosperity, economically. In all of these rich all the guards want to drive their Rolls-Royce, Lamborghinis, McLarens and the like.

For example, even rocket man Kim Jung Un, is apparently a huge connoisseur of fine whiskeys, and I think he owns about 100 high-end Mercedes Maybach cars in his garage?

Anyways, once again, all of these “evil “world leaders, they don’t technically want war either because most people, what they see is luxury, comfort and ease. I cannot imagine any world leader right now, on the frontlines of a war, on some sort of war horse or chariot going head onto battle.

The upcoming cyber war

So a simple way to think about bitcoin is the world‘s ultimate defense system. People don’t really think about bitcoin in terms of cyber security, but it is. 

For example, the bitcoin network is defended by many exahash– which means that it is essentially unhackable. And unstoppable!

For example, let us say that you need to send an encrypted safe message to somebody. You could actually send it through the bitcoin network; and it is unstoppable! It cannot be censored.

And also… Assuming that money is freedom, and bitcoin is free; whether you like it or not, even if the other guy is a bad guy or whatever… You cannot stop the exchange, peer to peer of money, between two individuals!

What Bitcoin fixes

A huge one; real estate. Let us say that I have a single-family home, and I want to sell it to you. Cindy‘s mom who is a real estate agent, I see it how tedious it is. All of these forms, regulations, and having to transfer money from the bank, is an insanely tedious and troublesome process. 

I am still shocked, also in the year 2024… Like a simple wire transfer via the swift network, like I’m sending my money to my mom in South Korea, why does it take so damn long, why do I have to go to a physical bank branch, I thought we lived in the future?

Even an insane annoyance, about a half a year ago when I just tried to wire myself $125,000 of money to buy bitcoin, I literally had to be on the phone with JP Morgan Chase, three or four times, being rerouted to some random people in the Philippines, having to see a bank teller in the flesh etc., Before having to verify my own damn money?

This is insane!

My vision

Very simple. Let us say that I have a single-family home and you want to buy my single family home. The easiest thing is that you just send bitcoin to me. The final settlement will just take a few hours, instead of a few weeks.

And also, proof of funds. If you show me your bitcoin wallet, I could immediately see how much money you have in real time. Even a funny thing was when we were signing the lease of our new apartment, when our landlord asked for our proof of income or whatever, I just sent him a screenshot of our bank account balance, proving that we could live in his property for about 10 years, just based off of our savings. 

Now, I walk around town with a grin, can enter a Lamborghini dealership or Ferrari dealership or Porsche dealership with a grin on my face, and touch and handle all the cars because technically I could afford all of them. And in fact, if anyone gives me shit, I could just show them that I could afford it, and they will shut up. 

What’s the point of money?

I think my view on money is that it is defensive; it isn’t to go out and buy yourself bunch of Lamborghinis, but instead, to use it like a war chest, a cyber defense fund.

Truth be told, growing up in poverty, seeing my mom go bankrupt at least twice, I’ve never really ever been that concerned about money. But now, I truly have zero concerns.

This is where money is a via negativa thing; money should be a means to cut or reduce concerns or cares, by reducing your expenses to a bare minimum.

I would actually say the only good use of money is for productive assets (The Fiat Standard book)–  essentially buying something that can be productive!

For example, a new iPad Pro, weightlifting equipment for your home etc.

Can it help you produce more?

Cyber digital capitalism and production–

The problem is with a lot of things that you buy, like trophy assets, is that it doesn’t produce anything– unless I suppose like you’re the one guy on YouTube who does all these videos and vlogs with an orange Lamborghini parked behind you, which you are leasing, which helps you indirectly make money? But even so, I think the financial risk isn’t worth the potential upside. 

So the problem is with cars, they don’t produce anything. The only productive car I could possibly imagine is like a full self driving Tesla car, but even that isn’t quite productive; it just helps you mitigate pain. Unless maybe of course, you’re allowing your Tesla to do the full self driving, and you’re vlogging on a GoPro or something,  and producing things while your car is self driving?

But then, optimal strategy then is to purchase the cheapest Tesla possible, the most based level Tesla model three, while purchasing full self driving.

But then again taking a step further, even more intelligent strategy is to never be inside a car, to just walk, and take the metro!

In fact, a few days ago, before Seneca and I caught a stomach bug, the greatest joy was we were able to walk to the metro line, and take the metro directly to our favorite library! 100% walking, and only two metro stops away!

And this is really my vision of a glorious future city; tons of spaces, trees, parks, recreation centers, and zero to minimum time having to spend inside a car?

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Savings?

If we think about it, there is no real reason for anyone to have any incentive to save anymore. Why? As long as legislators continue raising the minimum wage, what that means is your savings is becoming devalued, in real time.

For example, the price of a single-family home skyrocketing is absurd. Even here in Culver City, very common to see single-family homes which are worth $3.2 million, all the while you could buy a condo in Michigan for only $70,000!

I think the critical issue we are having here is a mismatch of politics and fiscal policy.  

For example, if you are somebody trying to get elected for office, what do you promise people? An increase minimum wage, because that will get you elected! But the downside is your transferring inflation to future parties; for example, I called this the shake shack incident; There was a really really nice shake shack here in Culver City for a while, but to my great shock, it closed down very recently! I think the big issue was that because they raise the minimum wage to $20 an hour, maybe Shake shack cannot afford to Pay their employees!

Your $3.2 million home isn’t really worth $3.2 million 

I think this is also the thing that is difficult to understand; in theory, you see your single-family home price going up, and you think you’re getting super rich and whatever… But if you track that to inflation, in the global M2 money supply, what if in fact, your property value isn’t going up, but simply, The value of each US dollar is going less, and therefore your $3.2 million home isn’t really worth $3.2 million, but only $2 million?

And also the big problem is let us say that you have a really expensive home, you can’t really afford to live anywhere else, because the price of inflation makes it untenable for you to live anywhere else. Therefore I think a critical thing to consider is that You have to be a little bit more skeptical with money, this is where maybe thinking about hard digital assets and property like bitcoin is more interesting to me;

Also, currently we are tracking the value of a bitcoin to the US dollar. Because it is the closest measure we got. But, the more logical idea is equating a bitcoin to a bitcoin.

One bitcoin equals one bitcoin.

So right now for example we are currently valuing a bitcoin to the US dollar, but my radical idea is what we should be doing instead is valuing the US dollar in respect to the bitcoin. 

Which means the price of a bitcoin is not packed to the US dollar, the US dollar is instead pegged to the price of a bitcoin.

Why this is fun and exciting

For me, life is all about fun creativity and play. And also for me investing, speculation, bitcoin in the like is all fun and play!

Honestly at this point, there’s nothing really left I want to purchase or buy, besides maybe some weightlifting equipment, steel plates, or a new power squat rack. But besides this, there is nothing left in the physical realm that I really desire. The only desirable truly scarce asset and valuable asset, I desire is bitcoin.

How to make money from nothing

I recently copped around a $50,000 profit, taking about $150,000 of fiat currency, purchasing some microstrategy stock, MSTR, taking my initial investment and growing it to $200,000. I then sold about $50,000 of the micro strategy stock, and then just bought more bitcoin with it.

So an interesting technique or thought is the easiest way to make money out of nothing is to just put it in the traditional stock market, sell the gains in fiat currency, take that fiat currency and purchase bitcoin while you can?

Keep acquiring more and more bitcoin until you die

Assuming that wealth, true wealth is property, and assuming that bitcoin is the first and only property which is digital, and we all know that digital is superior to physical, and I think what is very very interesting is bitcoin crosses the chasm of the physical into the digital. Why? Because it takes real life analog power , proof of work, to convert analog energy and power and electricity into a single bitcoin.

What a lot of these fake environmentalist don’t understand is the only reason why the point has value is precisely because it takes so much energy intensive power to create! All these fake propaganda posters saying that bitcoin is bad for the planet, but you fool… Don’t you know that I think globally, air conditioning or the power for air-conditioning causes about 20% of the carbon emissions on the planet? And bitcoin might be .001%? I could also bet you that your virtual eating of almond nuts might cause more CO2 production than anything else.

Even another funny unorthodox theory; thought experiment, what if in fact producing pea protein plants, vegan protein powders, all these fake juices and sugars and almond nuts etc., caused 1000 times more worse carbon emissions for the planet than meat? If this were the case, would this change your anti-meat eating stance? Or would it not because you still invoke the moralistic aspect of it?

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Wealth is a mental thing?

HANDSOMER.

I think in life, one of the most difficult things is change. Adapting to change, thinking about change considering change etc. 

First, a creativity innovation carte Blanche thinking first principles thing. 

First, to think new and become new is difficult. It takes great skill, innovation, and radical understanding, it is not for the meek of heart. 

Second, I think the difficult thing is a deseridatum thing, a desired thing. The big question we have to think is is it desirable to think new and become new? 

First if you think from a capitalistic consumer perspective… Obviously it thrives on the new. For example, if we were all stuck on the original iPhone three iPhone 3GS… I’m sure people will not be very happy. I would also be very unhappy if I still had the original iPad, The current iPad Pro M4 chip I’m using, is literally like 10 trillion times better.

In fact, going to Hong Kong later this year, and I was thinking and reflecting… Time and technology; also staring at my old G9 camera, how at the time in 2017, 2018… It was literally the best camera on the market at the time. But now times have changed, and also technology has changed. Therefore the most intelligent strategy is right now, looking at it from scratch… I’m thinking… Right now in this given moment, what is the best option for things?

For example, when I first really got into photography, a lot of of it was dictated by technology. For example, when I was in high school, as a senior graduation present my uncle got me a Canon point and shoot power shot digital camera, I think it had 1.2 megapixels or something, but still… I loved it! It was always in my front pocket, and I literally photographed everything I saw. So when I discovered the macro mode, the rule of thirds grid, and also how he was able to shoot black-and-white, it blew my mind!

Fast forwarding a bit, getting my first Canon rebel XT camera then my canon 5D full frame camera, and discovering the whole lot, and then progressing a bit and getting the Leica M9 camera,  traveling the world etc., getting into film, the digital Ricoh and now currently the LUMIX S9– wow, technology has changed things a lot.

My major critique about a lot of people who tend to give fellatio to the past is that the past is predictable, easy, requires no courage. It is very very easy to hide behind Hitler mustache, some ugly flannel, some ugly throwback clothing, baggy clothes, drive some sort of base level German car, And opine on the past. And say how analog was super superior filmless superior vinyl superior whatever, and trying to harden back to our ancestral pest.

What I think takes more courage is to instead, rather than pink by analogy, to think the present moment right now, not by analogy or metaphor or to oversimplify the past.

For example, a lot of people tend to think of the past, romanticizing the past etc.… But you fools, don’t you realize that the past was most definitely 1 trillion times worse than it is today? For example, industrial London, childbirth mortality was 70 to 80%, Colorado dysentery, and sanitation had not even been discovered; if you accidentally poked yourself, they would probably surgery on you with rusty unsanitized instruments, this is before they even knew that you’re supposed to boil water before drinking it!

Even now, our understanding of things is literally 1 trillion times backwards. For example, this insidious idea of calories in calories out, “burning” calories. You fool! Don’t you understand that it is hormonal, driven by sugar, insulin, insulin signaling and spiking? The only reason why this calories in calories out notion still exist is the evil Coca-Cola corporation, who wants you to have a “balanced diet”, “moderate exercise”, that you can sneak in 100 cal Coca-Cola a day, and not “gain weight”– whereas in fact, the truth is gaining or losing fat,,, not weight.

Some people think that these are lexical different things, but this is not the case this could literally be a life with that matter, type two diabetes and type three diabetes (alzheimers) has anything to do with you or your family or parents.

Wow, looking recently at my arms, my arms are super amazingly fucking jacked! Even without flexing, they look amazing! Very very full in the triceps, the biceps the shoulders and other parts of my body, which I cannot really notice.

And also, after getting a fresh haircut, from Cindy… Very very simple, shaving the sides clean, and just getting some cheap gel and slicking it back, Cindy calls it my “Lamborghini haircut”,– and also, this might be the lowest body fat percentage in my life! I think currently I’m at around 4% body fat, naturally without any weird stuff. And note, I might be the only weightlifter or bodybuilder or power lifter or strong man on the planet who doesn’t even take protein powder! Let alone loser creatine, which is the century just pulverized meat, why not just eat the meat?

And also, am I the only one on the planet who fast before weightlifting? Certainly the only one on the planet, may be out of all 8 billion of us, who was able to successfully lift 1000 pounds, that is over 10 1/2 plates on each side of the barbell, successfully, once again, without steroids, unnatural substances, and also no loser belt, wraps, knee wraps etc. 

Rack rack city bitch

Very simple; rack pulls are your best friend. Imagine like doing a dead lift, but you just put the barbell on the power rack or the squat rack, at around waist level, in between your knees and your hips, experiment at your height level, whatever feels comfortable, chalk up, and just lift the barbell off of the rack, even for half an inch or so! Literally after doing it with eight plates, I felt the good soreness in my biceps, my upper back, my traps etc.

Honestly the only reason people don’t do it is because people lack some sort of innovative mindset and creativity. People are still stuck on this loser thinking by analogy school in which everyone is just giving fellatio to Arnold Schwarzenegger, and all these loser bodybuilders on social media, for all injecting their assholes with steroids.

In fact, I’ve discovered a really really huge secret, the only reason you see more African-American and Caucasian people in the NFL professional sports etc., even I symbolize the NBA… Is all these guys are just using steroids! The only reason why you don’t see as many Asian guys in professional sports isn’t some pseudo racial things; genetics is fake; anyone who talks about genetics is essentially talking about he who is able to best use steroids and not get caught, or, to best use steroids with a stack of other strange drugs, to not have their breast tissue turn into “bitch tits” etc.

Finishing reading pumping iron  the original book I think in 1973, and with an updated afterward in 1980, when Arnold was 34 years old, super rich and successful, with his $700,000 house in Santa Monica, and just fresh shooting Conan the barbarian with a $15 million budget, and note, adjusted for inflation these numbers are huge, this was 1980! Which I think was 44 years ago? Wow. That’s even longer than I was alive; I’m 36 years old born in 1988.

Anyways, even back then — in this so-called “golden ages” of bodybuilding… 1973, now I do the math, it is 2024… This is about 50 years ago! Holy moly I’m 36 years old right now, if I added 50 years to my age, I’d be 86!

Anyways, just thinking consider if in 1973 all these dudes are already injecting their buttholes with steroids, anabolic steroids which at the time they didn’t even think that it was dangerous, or bad, imagine how much steroid technology has progressed in 50 years, to today.

And when I look at all these modern day bodybuilders and fitness people on Instagram and YouTube etc., it’s kind of like male prostitution; kind of how a lot of these influencer girls end up being these WebCam virtual prostitutes, to make money. Whatever I think it is fine; but if I had a daughter, no way in hell would I want her to do that kind of work. And also, no way in hell would I ever want Seneca do you ever inject his buttholes with steroids.

Giant or midget?

Also ,,, the least harmful major?

 so what is so interesting about looking at it in the past about Arnold Schwarzenegger and the like is that there is this notion of being a giant. I think it’s kind of a day term now, like Tony Robbins he has this seminar called awaken the giant within, which talks a lot to the baby boomer generation. And apparently the opposite of being a giant is a midget, which is not politically correct anymore, the nicer term to use is person of small stature or dwarf or something. Or you just pretend like they’re not a midget.

Anyways, whether this matters or not, is beyond my pay grade. Would I’m more interested in is how we could do things more naturally, get super fucking jacked and amazing without steroids or weird stuff.

The key is to consume more dietary cholesterol, a.k.a. beef liver and organ meats.

So I thought, maybe the whole keto ketogenic diet movement is a bit flawed because they do not emphasize the necessity for consuming dietary cholesterol in organ meats etc. For example, am I the first to propose this notion of 100% organ me to diet, which is 80% beef liver, beef beef kidney beef intestines etc.… And supplementing it with other stuff like eggs, including the yolk, or flesh meats?

The reason why I believe this to be such a big idea is that the loser vegan evil corporations like Bill Gates and James Cameron and the like promote this insane notion of a plant-based diet veganism, because it is so profitable. And let us consider, what is more profitable, to sell some sort of overpriced Pea protein powder, to these foolish millennial and zillenial and Gen Z folks, which makes them feel good about the planet or whatever? Or to sell them organ meats, which is not profitable. Even the American beef corporation, they cannot sell it effectively.

Just follow the money

ChatGPT is also a positive good for society because it is the number one way to smash inequality, racism sexism, and also… To overturn these ridiculous conspiracy theories?

For example, anybody with an iPhone and access to YouTube and podcast, who listens to Joe Rogan or whatever, well sooner or later fall victim to these weird conspiracy theories. Why? My theory is people cannot bear a society and world and universe which has no rhyme, no reason, which is just injustice. When people believe in a conspiracy theory, it feels just — it feels like it sets the order right.

Because once again, most feeble people cannot bear an injust world and society. 

It goes against everything that we have been taught about justice equality fairness etc. The world is not just.

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The great solution

I have a very very simple solution; optimistic fatalism.

Fatalism simply means that everything is bad, injust, evil whatever.

Optimism, we all know what this means.

So my notion of optimistic fatalism is the ultimate hammer, the ultimate  solution. Both at the same time, put it inside your head and your brain and your soul and your body… That truth be told in fact, yes, it is all bad evil and injustice. But in spite of all that… How can you make the best of it?

Or even a step further, to think and understand that in fact, all of the badness injustice in the world etc., was positively helpful to make your life better?

The winner take all reality 

For example, I am the only winner in the world of street photography. The only one who was able to successfully do all the successful things, travel the planet and get all the accolades, and become a bitcoin millionaire out of all of it.

Now great upside is because now that I am financially independent, I can continue to give away all of my stuff for free open source, because I don’t have a profit incentive anymore. And now becomes more of an ethical thing; doing that in which I believe in, because I want to help humanity.

But, being a humanitarian, I think the only way to ethically do it is to be somehow self sponsored, financially independent, not having an office administrators and staff, and donors.

Why? As long as you have donors, it can never really be truly just. You’re going to have to parade around your poor kids at these annual dinners, to provoke sympathy, and a bad conscience to these rich donors, to keep them employed.

I could speak because I myself was one of these kids, KCCEB, Korean community center of the East Bay, I’m very very grateful for all of our mentors, but it has not lasted.

Nonprofits do not last.

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Corporations don’t really last either

Only things which have lasted are the Vatican, the holy Roman Empire 2.0, Catholicism, independent wealthy families, endowments at Ivy League schools etc.



One of the really big issues with clones being a clone clone mentality is that it is so centered around being a clone. For example, You’re taught and made to think that being a clone, like a clone of Jesus or whatever, is virtuous and good. As a consequence, one is not permitted to simply create a model of himself. Anything which is similar to Jesus is seen as good and virtuous, anything which is seen as dissimilar to Jesus is seen as bad and evil.

And is a consequence, I think the general ethos and mentality of America is bad because it is too centered and focused on notions of imitating Christ, being a clone etc.

“Y’all ninjas my clones!”

For example, in fashion life etc.… We seek to just emulate people that we already see in the limelight. For example, Kanye West, Jay-Z, all these modern-day rappers, Arnold Schwarzenegger etc. 

For example, ultimately what I discovered was my desire for a Lamborghini, with this is the doors, all matte black murdered out, was simply my desire to emulate Kanye West! His Lamborghini Mercy song, very influential to me.

Thinking Arnold

So I just finished reading the original pumping iron book, the one that preceded the influential pumping iron documentary, and ultimately what was very very interesting was unraveling and revealing how essentially, or no Schwarzenegger invented bodybuilding, modern day bodybuilding and beyond.

What’s the weather in about the book I think the original was written in the 1970s, a little bit added in the 1980s was a lot of the terms and the verbiage and the words typically used outside of the traditional context.

For example, mentally retarded, midget, giant, even referencing or no Schwarzenegger‘s Austrian German accent being a “Nazi” voice. I think what is so fun and interesting at least in the context of the 1970s and 80s is that people were much more relaxed, and less grammar Nazis or less politically correct, than they are now.

Also, the reason why I kind of enjoy this is that ultimately, if you have ever lifted weights, done bodybuilding or weightlifting… We are all essentially children of Arnold Schwarzenegger. He is the one who essentially invented and promoted modern bodybuilding and weightlifting as we know it, and all of his contemporary, all of them have been forgotten, only Arnold remains.

I suppose the nuance is even Arnold, who is probably the greatest bodybuilder weightlifter and personality of all time, even Arnold has fallen a bit out of Vogue now. It Seems like he has dominated everything,  even politics, which was foreshadowed in the 1980s, and his whole strange affair with his housekeeper, his illegitimate son, whatever… I think he’s still acting an influential and politics and whatever, but for the most part I think he has been forgotten already. Kind of also like today, Michael Jordan… All these kids who wear his clothes and sneakers, they don’t actually have any idea who the real Michael Jordan is, whether he is alive or dead or whatever. Michael Jordan has become a strange symbol in today’s world; a sign of dominance and flair, but once again, nobody thinks of him as a real human being anymore. Apparently Kanye West is still on tour, I think Kanye West might be the most anti-fragile artist of them all, as he has been able to survive the most extreme controversies them all, and still have a stadium packed of adoring fans, in Seoul South Korea! Very very shocking and impressive to me; I had no idea he was so popular even in Seoul South Korea!

Anyways, the reason why I think of this is so important is thinking about lasting, durability and life. And also, the short side of notion of achieving your life goals; Arnold has achieved everything, she has achieved all the major pillars of success in America, yet after all of that, he is kind of empty, kind of a shell of his former self.

Now the reason why I think this is so important is that when we think about American notions of success, the paths of success etc.… What is it that we are truly seeking, and how do we know if and when we achieved it, and whether it really even matters at all at the end?

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The problematics of ethics

So apparently, I think when all of us had done, it comes down to philosophy and ethics. Especially in today’s world, AI, the ethics of artificial intelligence ChatGPT etc.

I think what will make this forever interesting topic is that there is no right and wrong in ethic; might makes right. 

What means is he or she who is the most powerful, the most dominant shall win and conquer all! Even now… The way I see it, America is currently in a digital arms race against China, fortunately America has nothing to fear; for the most part Chinese technology kind of sucks. For example, obviously a rich mainland Chinese oligarch would prefer to have an iPhone Pro rather than the newest Huawei phone. Huawei sucks.

And also… It still does seem that for the most part, the Chinese would still prefer American blockbuster Hollywood films rather than their own domestic film market. Why? The funny thing with the Chinese the mainland Chinese is that they exoticize America — truth be told, I think if all the real Richmond land Chinese people have the option, they would take all of their capital wealth and money and power out of mainland China, buy some nice property here in LA, or possibly somewhere else etc.

I think this is why all these rich men in Chinese prefer to buy proper tea in Vancouver, rather than Shanghai, Beijing etc. Even driving to East LA Koreatown the other day… Oh my gosh, the pollution there is unbearable! And it is literally just a few miles east of West LA, in which the weather is 1 trillion times better.

Beef liver is the answer

Wow, I just finished eating a bunch of beef liver that I got from Gelson‘s yesterday, it is so cheap, maybe only 399 a pound, and also the interesting nuance is that even if I tried to, I cannot consume more than about 2 pounds of beef liver because it is so nutritionally dense.

I feel so phenomenally good right now. I recommend everyone to try it!

I would say in terms of a split, try to have 80% of your diet be beef liver, and once if he comes too much for you, switch over to  eggs or ground beef for some other type of steak flesh meat.

The immigrant mentality

The reason why Frank Colombo and Arnold Schwarzenegger became so successful is that both of them were immigrants, first to move to America as young adults, I think Arnold might’ve been only 16 or 18 when he moved from Austria to the states, and the immigrant mentality is good because they are hungry! The problem about the traditional American is they become too flabby, too fat, too appeased. 

This is why Americans are so lazy; they were raised with much privilege in the states, assuming that their family has been here for a generation or two or three, and essentially they could rely on the family wealth, the family trust fund, property real estate etc. For example if your dad wants bought property Somewhere in LA which is desirable, and has made a killing… And you know that once your dad dies, you won’t hear it much of his wealth, what motivation do you have to work hard?

One of my greatest blessings ironically enough was being born in the states, albeit with a working class mom. The upside is I knew that even if I wanted XYNZ, I couldn’t… Not because my mom was being mean to me or whatever, but literally, she couldn’t. For example, my mom working two or three part-time jobs cleaning houses, waitressing, being a cashier, barely able to pay the rent with my dad stealing the rent money and going gambling to Reno in the middle of the night, not being home for about a week or so… I knew that money and resources were precarious. Therefore if I wanted anything, I had to get a job and work for it to get it.

I think this is really the root of my success. If I wanted anything, I had to fight to get it!

Now that I am super rich and successful, the next stage becomes interesting. My son Seneca, shall become the next prince and king of Los Angeles. He is already to go here in Culver City, there’s no other kid who was born in 2021 who is as tall funny handsome, strong muscular good-looking, and sociable than him. Shout out to my friends Noel Lisa and Ray, and especially Kevin! Everyone knows me in Seneca now here in Culver City, and I am excited to see him go through the Culver City school system, before he goes off and becomes the next great entrepreneur.

Why bitcoin is the best investment right now

So I was reading pumping iron by this one author, and he’s writing this in 1980… Wow, that is almost 44 years ago… He talks about how Arnold Schwarzenegger purchased a $700,000 home in Santa Monica at the time, which I am certain that adjusted for inflation might’ve been close to what we imagine $10 million to be today.

Anyways, I was thinking about… If I was in a Time Machine in the 1980s, or specifically 1980… When Arnold Schwarzenegger was already 34 years old, I’m 36 years old right now. If that were the case, what kind of investment could you make for $700,000 at a time, that would yield a superior return, from 1980 to 2024?

At the time, I think the only real investment you could’ve made in was real estate, commercial real estate, maybe residential real estate. If you bought a bunch of property in Culver City, or Palos Verdes, back then knowing what we know now… You would have become a billionaire many times over. Because currently looking at the whole market here in LA… It all sucks besides Culver City.  Santa Monica used to be the best spot to be, but now it is overrun with homeless people, people high on crack etc. Even if I was a billionaire today, I would not want to live in Santa Monica because it is super dirty, still too many homeless people etc. Even worse point to creatine, oh my God, all the homeless encampment, and homeless people around… And the pollution, insanely terrible.

Anyways, I think the hard thing is when it comes to investments, most people can only think by analogies, metaphors, or similarities to the past. Much more difficult to think carte blache, first principles, because it is difficult to predict or anticipate that which has not yet happened.  Life is not like back to the future, in which you could predict everything with 100% perfect foresight!

But also… Even if things were like back to the future and even if you could predict things with 100% clarity, it might not always be a desired outcome. Why? Sometimes a problem can be that even if you get what you wish, it could positively be a bad thing.

For example, a lot of things end up becoming dangerous liabilities. For example if you want to go to the Inglewood public library, or Ladera Heights or whatever… Can you pull up in a Lamborghini, you might get robbed at gunpoint, you might even die! I suppose the upside of driving a beat up 2010 Prius is that it is the ultimate stealth car, nobody in real life knows how rich I am because I look like a poor person.

Look poor, think rich – Andy Warhol

Los Angeles becomes very interesting to me because it really is the center of the universe. Now that Apple is here, there’s really no reason to be anywhere else.

Only that but Apple having that grand downtown LA theater store, so beautiful! Even though I am critical of a lot of things of Apple… Apple isn’t going away anytime soon, at least in the lifetime of myself or Seneca. Maybe the returns and the profits of Apple will not be as impressive into the future, much better to buy bitcoin or microstrategy stock instead,  but still, for the most part Apple is the most practical strategy.

Until a competitor, whether it be open AI, Microsoft, Nvidia or somebody else who makes a really really good ChatGPT-first phone, Apple will still have the dominant market here. 

The true disruptor

After playing with a new iPhone Pro a bit, essentially when my ultimate Takeaway point is the only reason to have an iPhone now is because you just need something to run ChatGPT. Unfortunately at the moment, you cannot run ChatGPT without an iPhone or iPad or your laptop. And even Google Gemini sucks. I rate ChatGPT as 1 trillion times better.

And Apple Intelligence, I’ve been playing with it, and even me, the ultimate text nerd and advocate, even though I have no idea what Apple Intelligence is and how it is different from Siri? I think honestly it just seems like a rebranding of Siri, Which is confusing for everybody.

Once you’re a bitcoin billionaire, then what?

When people ask me what I do, I often joke and I just say that I’m a bitcoin billionaire. But I almost say it half tongue and cheek, half true. I’m very certain that my bitcoin holdings well only 10 X 100 X or 1000 X from here.

According to my aggressive calculations, my bitcoin should be worth at least $500B 30 years from now. It will be worth at least 1.2 billion, 15 years from now. 

Assuming that you perfect for side of the future, then how do you proceed in life?

Autotelic progressions

So the very very basic notion is moving forward, it could all just be autotelic! Which means you just do things for the sake of it, because it personally interests you, not because there is necessarily some sort of phenomenal payoff to it.

Because once again… Once you live in a world that money no longer concerns you, then what?

I’m the judge!

Pursue play & fun?

I suppose one of the good things about Asian Confucian culture, and also being Korean Korean American is the focus and ethos of respect, and also more importantly, disrespect. For example, I find the ethics the morality that ethos of Achilles in the Iliad so refreshing; There seems to be more truth in his approach, rather than our emasculated, castrated notions of honor and respect in today’s times. For example, there is nothing that provokes my wrath more than disrespect.

Disrespect can take lots of different forms. When people don’t greet you, treat you with respect, or acknowledge you or your kids. In Korean culture, to simply “een-ssa” somebody is one of the most chief virtues. And it is super simple; to greet somebody, when they come and go etc.

Are there certain individuals who deserve more respect than others? 

In the grand comedy of life, yes. The first thought I have is this whole notion of Confucian respect for elders, and also, filial piety to be quite base.  For example, if you think about Achilles, all he thought was his own personal glory, and had no cares or concerns for all these other superficial things. He didn’t really care about his father in the far away land, and even Achilles didn’t really care about the well-being of his own blood son, Who was far away. In fact I found this really interesting, I actually didn’t know that Achilles had his son! Changes everything; I’m just going to be and become a modern day version of Achilles, and think of Seneca like my heir. Or just son.

Kleos

So if I did it all over again, went back to college University or whatever, I might have just studied ancient Greek literature and the Classics, maybe also barbelling it with computer science.  I think sociology was great, but sociology after you run its course, becomes a bit flaccid; you could probably learn the fundamentals of all of sociology and just like six months, whereas the wisdom of ancient Greek literature can span millennia.

Why?

Typically, when things have been around and lasted a very long time, there is a reason.

“Everything lasts for a reason” – TALEB

For example, when we superficially look at people who have been around for a very very long time, and somehow we think they are “cheating”, or illegitimate… We got a pause and think; what are their cheap virtues which allow them to have such grand longevity?

For example, one nefarious character seems to be Tony Robbins, but it looks like he’s been in the game for a very very long time. As a consequence, he’s probably doing something right. And also this goes with the rich dad poor dad guy, and some other modern day business entrepreneurs. And also the same thing with Donald Trump; he’s pretty old now, 70s… But the fact that he’s been around this long in politics business etc., probably means he’s doing something right, even though he might be a morally bad or evil person.

Who lasts?

Even right now, the reason why I consider maybe Kanye West to be the most ANTIFRAGILE individual of them all, even surpassing Jay-Z is because Kanye West has spoken his mind about everything, and he’s still in the game! He’s still making music, he’s still making art, and apparently his new Yeezy sock sneakers came out!

And I think it should be admired, who last and who doesn’t last, because durability in the words of Nietzsche is essentially the chief good on the planet. 

Why?

So it looks like durability has fallen out of vote. Why? Because durability does not sell. For example, honestly I think we are all always itching for a reason to buy something new, to sell something new, etc. And the reason why this is so annoying is that you’re kind of secretly hoping for things to break, in order to “upgrade“ to that new new thing. And this is honestly the psychology behind upgrading to the new iPhone, or buying a new camera or digital camera or car whatever; we quickly tire of the old, we desire the new.

This is where reading the Elliot has been so refreshing; in a world before capitalism in consumerism was even invented, I think you start to see a little bit more honest approaches in which humans go out and do things. For example, everybody already knows that the armor of Achilles is by far the most supreme on the planet. And also what is it is if we think about the Iliad , essentially obviously everyone knows that the Earth is big, but the whole drama is just centered around the super super tiny part of Troy, which becomes a whole microcosm in itself. This is great because we tend to think about global politics too much; international affairs. But rather, I think we should think super super local, super super specialized. Like local city politics over national ones or even international ones.

And this is my thought on America, rather than over extending ourselves and meddling in the affairs of other places, we should just fortify ourselves, we should become the next Sparta, the next Troy, the new ancient Greeks.

Morals of the story

So I just finished reading the Emily Wilson translation of the Iliad, A+ plus.  and what is super interesting is the end of the Elliot, is actually quite anti-climatic; King Priam gets the body of Hector back,  and also, Achilles finally is able to go back to bed with Breisis,,, his prize and trophy, the original quarrel with King Aggamenon.

And the reason why this is also important is that it teaches us a lot about war, revenge etc. Essentially I think one of the soft morals of the stories that even though you get your revenge, your heart will not be settled. For example, even after Achilles kills Hector, pierces his ankles and drags him around The city gates of Troy several times, even around his own Greek encampment, his heart is still not soothed. He still mourns the death of Patroclus,,, and no matter what he does, he cannot bring his best friend back from the dead.

I think a very simple idea is as long as you have a beautiful woman, a beautiful wife to go back to bed with, to literally sleep in the same bed with, you should consider yourself 100% supremely happy and joyful. And especially if your wife has birthed you a son, you should be forever grateful, even the adage “never go to sleep angry“ is a good one. 

Another thing that I learned about the morals and ethics of the Iliad and Achilles; just speak your damn mind! I think to not speak your mind is cowardice. 

I think one of the bad things about stores is that often more than not, it is too centered around “forgiveness“, and just being quiet. And the reason why this is such a bad strategy is that this ends up leading to pent up anger frustration and also, Pettiness. A real man has iron lungs and speaks his truth, no matter how bad it may seem, but instead most mortals hold petty anger jealousy and spite in their hearts forever until their grave. 

I also think what is so interesting about the Iliad and the ancient Greeks is how they were oratory, oral culture. Which means that everything was said out loud, nothing was held silent. 

 in fact, my personal thought is maybe the worst bad thing that has happened to modern Day Society, the reason why people are so strange and antisocial is actually not the iPhone, but actually, AirPods, AirPods pros, headphones, noise canceling headphones etc. Because the truth is, your ears might be 1 trillion times more sensitive than your eyes; Even though I personally love my vision and photography, actually music, rhythm, souls and beats gets me more energized than the visual. 

And I think maybe the reason why this is so important is because audio audio things are still quite critical; for example, after listening to almost every single Michael sailor talk and interview, and putting pretty much 100% of my traditional Roth IRA and IRA into micro strategies stock, There is more veracity in words and the human voice, rather than just images, Talking Heads, as well as text.

In fact, one of the funniest things that I listen to was hearing Donald Trump talk to the bitcoin conference, I realize, I actually never really heard him talk out loud, maybe besides the debate he had about four years ago with Joe Biden.

I feel like maybe in the future, the skills of the oral culture will be critical; teaching people to be a postmaster or public speaker, well actually ironically in the future become more and more important!

And also my personal thought, I thought this back in Providence Rhode Island even before Seneca was born, was that Social skills or the future will be the future, because ultimately, in some ways technology is a bit overrated, more important than technology is the social. I suppose this is outside of studying sociology, it taught me how Sociology and social things interactions are so critical; because everything comes down to the Social, after a long enough timespan.

For example, everyone wants the Lamborghini, but actually it’s not the Lamborghini that we want, we want the Lamborghini to be flashy and to flex our manliness ego and attitude, and in the hope of somehow attracting really really hot and beautiful women, and the hope is being able to Bed these bimbos, and to maximize our sexual pleasure and ejaculate in them on them all around them,  to face all of their openings closings and orifices, to defile all of their body parts breast butt waist face mouth vagina butthole hands whatever, I think this is the whole ethos behind porn pornography.

But, this is a very misguided approach. I think we gotta make combat, man-to-man combat cool again.

Guns are for guys with small dicks

The bigger your gun, the smaller your dick size. 

Honestly, anyone who has a gun or owns a gun, who is not military or ex military or police is a pussy with a small dick.

Why?

Maybe my thoughts is the big problem, even being here in California, is asymmetric warfare; now that I have a son to live for, even if there is a one percent chance or even a .5% chance that the other party might have a gun, I will always err on the side of caution. Why? Because, even though I look like a god in the flesh, any skinny fat loser with a small dick, with a gun can pop me and boom I’m dead. 

No the reason why this is so problematic is once again, you could be like the midget in Austin Powers, even have a small and modest pistol and kill somebody who looks like John Cena with just the flick of your finger.

I think what was so refreshing in ancient Greek times, was that battle, or was much more honest. Even back in the Iliad in ancient Greek times, everyone knew that the archers with bow and arrows ruler bunch of pussies. Why? Asymmetric warfare; you could hide behind a wall and shoot arrows at me which can kill me, And you yourself are not exposed to danger. And this is where I think that there needs to be more flesh in the game ; no knives, no guns, no pistols, only hands.

Actually if anything, maybe even if you have some teenage adolescent boys, and they are having some sort of argument, just have them put on some boxing gloves and protective helmets and gear and just have them sparred out. It might lead to faster conflict resolution than these sissy approaches of just “talking about your feelings“.

And actually, the critical issue here is that there’s a difference if you are male versus female. The strange modern day trend of trying to equivalize the both I think is actually properly detrimental to society and beyond. 

No suppose this is where maybe all boys Catholic schools might still be a good idea; honestly how much of my education was wasted because I’ll just distracted by all these pretty girl at school, wearing super super mini skirts in class?

What’s the point of education anyways?

I suppose the real critical issue here is in regards to the purpose of school and education. In ancient Sparta, I think young boys were with their mothers, until they became seven years old, and then they entered the “karneia”– which was essentially SWAT training for young Spartan boys, to breed them to become the next generations of Warriors.

And the reason I also find this important is that true courage must also go lock and lock and hand in hand with physical courage. Once again, you cannot have courage by being the fat world of Warcraft to dude on South Park, being a keyboard warrior. And actually the issue of the Internet now, is I think the safe bet is to assume that 100% of the toxic comments and arguments on the Internet or just bots, none of them are real life humans.

And this is where I think the wise strategy, is to disable all comments, all metrics whatever;  even views could be Game of Thrones so easily; just hire a corporation in India to spin up 1 trillion fake bots, to inflate your view numbers, in order for you to get some sort of sponsorship or whatever.

In fact, I think if you just pay 100 bucks or 200 bucks, you could pay some sort of outsourcing Indian corporation to give your video 10 or even 100 million views!

And also, maybe if you pay 300 bucks or so, you could easily get 1 million fake subscribers to your YouTube Instagram whatever.

And the reason why we should not even discuss TikTok is that TikTok is the enemy, come on, it is mainland China in the flesh! In some ways I think we have to adopt an anti-mainland Chinese approach again ;; even something interesting that I learned from Peter Thiel was the original notion of being politically corrected was that you sent you were a devout follower of Stalin and Lennon, communism is bad. And truth be told it seems like 95% of higher education university professors are essentially low-key communists, anarchist, and would prefer that America burn to the ground.
…

Why is this important? Even Apple, Apple corporation should not be trusted; because she is in bed with me! As long as foxconn exists, as long as iPhones and Apple products are made in mainland China, Apple should almost be seen as a low-key connection to the enemy;; any time any corporation gets into bed with mainly in China pick government there etc., they should not be trusted.

And truth be told,  the reason why all publicly traded corporations are unethical is that it is their moral and ethical imperative to increase profits and potential future profits at any cost. Thus, the drive towards sensationalism with Google, anger porn, and insane news reporting to maximize advertising revenue. Don’t trust any mainstream media or news even the good ones. And don’t even trust NPR and Al Jazeera etc.; they are all bad. The left the right the middle the conservative the Republicans of the Democrats, the fake woke liberals, the small dick flag Humpers on the right Donald Trump supporters etc.; everyone is bad.

Also did you know, that our savior and Messiah Obama actually increased deportations and incarceration during his administration, more so than any other politician? Everyone is bad and evil, this is reality; let us not try to embellish anything.

Democrats are bad, libertarians are bad, Republicans are bad, conservatives moderates in their rules everyone is bad; anyone who is on the political spectrum, is bad.

Now I suppose the question is once you have acknowledged and understood that anything everyone and everything is bad; then what?

Optimistic fatalism

So my critique about the Russians and the eastern Europeans, post USSR, people from Bulgaria Hungary, the Polish the old Soviet bloc; is they are too fatalistic. Their ethos is everything is bad evil and not worth looking for so let us simply trudge through this miserable life with a minimum amount of misery, knowing that the past present and future will be bad and always remain to be bad, might even get worse.

In America, we also see a similar trend. Essentially we should consider most of the media, social media Facebook Instagram Snapchat Twitter and like to just be channels of misinformation, Sunsational for advertising revenue, Google here is the bad guys; as long as Google ad sense exists, Everything will always become hyper sensationalized, in order to boost the lagging profits of Google.

And funny enough here is where Apple is still a little bit more ethical than Google; Apple is trying to sell you iPhones, iPhone pros, and her new subscription services, at least this is more honest and transparent than Google who is trying to offer you all this great “free stuff“, but to inundate you with click baity advertisements, insanity on YouTube, and conspiracy theories.

One of my grand ideas is simple; the best strategy in life is to assume that 100% of the conspiracy theories are all false,. Even the true ones.

Why? This is much more of a optimistic positive and good approach; obviously we know everything is bad and evil and corrupt, but so what? Better to be the gleeful dark grim and humorous spartan, laughing while the enemy puts them with arrows, “fighting in the shade“, shout out to Zack Snyder the best director of all time. This movie has dictated all of my manly ethos, ever since I was a teenager in high school, when I first watched the movie 300 in theaters. Now, manliness has fallen out of Vogue; all of these guys in LA are a bunch of cowardly antisocial skinny fat weaklings, who might drive a base level Porsche or Audi; work at Google in secret, or stuck on zoom calls all day; super antisocial yet binge on ironic HBO comedies at night, make a big income but have no kids, not getting married, maybe they own some sort of wimpy rescue dog.

Is it OK to be mean?

In the area there is a scene in which one of the Greeks is beating Odysseus, and Odysseus gets pissed off, takes his scepter and starts beating him up until welts raise on his back and the Greek comrade is weeping. All the while the other Greeks in the camp are just laughing.

Laughter is divine and godlike. Even my friend Sara Lando, one of the greatest fine art photographers of all time, shout out, who studied ancient Greek, taught me that the word enthusiasm actually just literally meant a god dwelling within you; and the idea of passion was actually a bit misguided, passion  is more like passionate of the Christ, like pain and suffering is virtuous. And the reason why I think this line of thinking is so dangerous is that also, I see a lot of these modern fake ass woke liberals, especially trying to nail themselves to the cross.

Martyrdom is never worth it– anybody who is a martyr or seeks to become a martyr is secretly just trying to commit suicide with a good conscience. 

Even Jesus, my personal read is obviously Jesus wanted to keep living! But I guess he had real balls, rather than renounce his things, he decided to stick to them; if we think about Jesus Christ, Jesus of Nazareth as a real life flesh bound human being, assuming we trip away the hocus-pocus, read the Jefferson Bible, then, we can make some progress?