Big Bit Thoughts

  • 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? 


  • The Bitcoin shockwave 

    Why don’t you own Bitcoin?

    The worlds first digital commodity 

    We’re going to own it, not sell it ,,, get as much of it as we can!

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    Progressive or *regressive*?

    Nuclear weapons, ships, airplanes 

    Overcome your fears 

    How to conquer your fears or bitcoin 

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    Take everyone along 

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    One jolt?

    Go far, go together … go fast go alone 

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    We don’t have enough –> obvious!

    $450T long term capital in the world ,,, 20th century bonds & equity & 20th century art and collectibles 

    A $450T opportunity?

    $200T, beyond ,,, 2000T$ Bitcoin network?

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    Enrich you 

    Capital from the 20th century , warehouse in New Jersey … 20 years, just sell it and buy bitcoin 

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    Trillions of dollars in value. 

    Buy , allow passage of time to enrich you 

    Don’t buy, $80T and owned or controlled the network?

    Manifest destiny, Thomas Jefferson –> buy Louisiana . Didn’t have the money 

    Keep going west 

    Texas, California …

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    “Responsible for not taking risk”

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    “The normie”

    It will live in cyberspace 

    Million times a second more efficiency 

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    80% of USA, for $40M  

    You don’t want your worst 

    5M bitcoin, 25% of the network 

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    The most profound opportunity of the century 

    Money there for the taking! ***

    America was a youthful country, youthful family –> there for the taking! 

    Sovereign money 

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    I’m sensitive to the cold 

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    The most powerful idea in the world!

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    Triumph of natural law > Artificial law ***

    Natural — what is natural will and shall happen 

    Artificial law 

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    Inject virtue & natural law, respect for property rights, freedom and balance into the US government 

    Made more virtuous, healthier, more rational ***

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    Banks would be more rational, ethical, secure, better actors 

    Digital assets strategy 

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    The digital token, utility. 

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    100x demand 

    Big winners, US dollar & issuers 

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    Export trillions of dollars of our securities to the world 

    Currency, security, token, commodities –> $100T value created through innovation 

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    400,000 companies can raise capital –> create token!

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    ERIC TOKEN –> 

    STREETTOGS token?

    –> composition checker token?

    Token for your time,,, life as an arcade?

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    Millions of millions of tokens circulating 

    Digital Assets Framework written into law 

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    Cambrian explosion 

    All the entrepreneurs and capital comes to the US

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    Every single day, learning something new about Bitcoin!

    Never will complete understand it ,,, mysteries of the future 

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    UPSIZING

    STRATEGY IS WINNING

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    Make your money work for you –> path to wealth 

    Path to value creation 

    Make your balance sheet work for you 

    –> think of myself as a company?

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    60x growth, balance sheet in 5 years –> .7B to $42B in Bitcoin 

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    Come up with some creative ideas!

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    Follow your gut 

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    $300T in fixed income market, I want 1% of it –> $3T

    FOCUS.

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    Cheap goods from China are not the American dream

    “Let them eat flatscreens” is not the dream!

    Let them eat iPhones is not the American dream!

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    Outside the self help bubble 

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    What do we *really* need?

    Growth rate -> ability to raise capital 

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    $6B of capital 

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    $4B in capital, $18B in capital, $5.2B of capital raise 

    $300T , fixed income … $200B of capital raise easy 

    Keep growing 20% a year!

    Growth rate –> Bitcoin growth rate, 60%, 95% each year by levering ,,, 

    $50B company, raising 30% a year 

    We aren’t going to stop! 

    Least risky –> sell $10B or more of fixed income preferred … convertible bond market , de-lever with equity 

    Go as fast as the capital markets allow us!

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    Open and close on a dime 

    $15B of equity open, then close?

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    Open, then close … 

    Proprietary  fixed income etf , STRF … strife 

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    Investment grade, 42x over collateralized 

  • BULL.

    The philosophy of becoming a bull:

    First, ideally you would want the physiology of a bull. Big balls, ready to charge.

    Funny thought: to become more like a bull, consume more bulls, aka steaks cows beef? Auction. Feast like the ancient Greeks and the ancient heroes of the Iliad; Hectacombs on hectacombs on hectacombs!

    nobody has lost money on the bitcoin standard if you simply help for four years

    I think being and becoming a role is ignoring short-term noise, thinking about durability longevity, thinking insanely far into the future .

    For example, think about all these pessimists when they thought about Amazon in the early days, or even Tesla in the early days, when the price to earnings ratio was way off. Now it seems like the obvious bet.

    I think the biggest thing that people forget about Jeff Bezos and why he was such a great leader is that he thought really really far ahead, at least 30 years into the future.

    What that then means is that if you want to become a true bull … You want to have iron balls, for at least the next 30 years?

  • Engineered to Win

    The most quickly to adapt to change

    The most quickly adaptable to change:


    Change is an interesting idea. Technically, all is changed. Even if you don’t want to change, you almost cannot help but change.

    For example, consider that like literally every five seconds, something in your body is changing. I don’t know too much about the biology, but I’m quite certain that like probably 1 million 1 trillion times a day, the chemicals electrical circuits, blood, hormones, molecules in our body is constantly changing.

    The funny thing is as long as you’re alive and breathing, even if you don’t force it, this is what naturally happens. For example, you don’t need to force change, or resist change, it just happens. 

    The Bitcoin thought

    So it seems pretty self evident at this point, the bitcoin standard, all bitcoin everything is the wisest idea. For example, the most logical strategy right now is that for your family savings, your family award test, it should be like 100% bitcoin. Bitcoin is the new high-yield savings account, 60% a year.

    Then, if you want to hyper charge your investing and your investments, or even thinking really big for your Roth IRA or your 401K, then what it seems then is Strategy, MSTR (the stock) is the way. I think what I like about having like 100% of our Roth IRA in strategy MSTR is that I’m like a quadrillion times certain that by the time I retire at 65, or become 65, I’m like 37 now… In 30 years I’m like 1000% certain it will be up. By a lot.

    Game theory

    So I recently watched a presentation that the “Fiatello” guy did for Strategy, and he mentions game theory. And also… Watching the Dylan LeClair interview for bitcoin treasuries, Dylan also talks about game theory.

    The general idea is that on a long enough time span, if then what Cynthia Lummis says,  the US dollar is actually designed and engineered to inflate  buy 2 to 3% a year, although in reality it’s probably more like 15% a year. I think rather than looking at government statistics, just look at the price of eggs and beef.

    Kind of a unrelated note, but there is currently an egg crisis happening in LA, because of some sort of chickenpox or something. Anyways, like literally overnight 99.9% of the egg supply was wiped out due to potential salmonella poisoning, I don’t even think you can even get eggs at Costco right now. There is also currently an egg ration at Trader Joe’s, only one pack per family per visit.

    Anyways, this becomes interesting to me because if you think about a world of imperfect money, or things which are engineered to fail, or you think about things which are engineered to win,  if you think about this in a long enough time span, 10 2030 years 50 years 100 years etc.… 300 years from now, I think 300 years from now is a good time span because you can at least think about your kids kids kids, what is going to win?

    21 million coins, hard cap forever… This is so fascinating.

    Flywheel

    So an interesting idea that Michael Saylor gives is this idea of strategy being like a huge flywheel. For example if you just take like a 1 pound weight and you spin it quickly, it is an interesting child’s toy. But if you turn that into 100,000 ton Stainless steel wrecking ball, and then you start to rotated at 10,000 RPM, it becomes a lethal war machine.

    Turbo lag

    So one thing that I have always been fascinated with is turbochargers. In fact, my dream as a 16-year-old was to turbocharge my 1991 Sentra SE-R, which by stock is powered by the formidable SR20DE engine.,, so when you turbocharge it it would become a SR20DE-T engine —

    But what is really fascinating about a turbo charger is this issue of physics, the turbo lag. What a turbo lag is is when you stomp on the pedal, there is a short delay before it goes into full speed. What that then means is that in order to achieve higher high speed of velocity, You sacrifice a short term throttle response for a longer term gain.

    For example think about quarter mile times. If you have a turbo charged car, your 0 to 60 speed is much slower, however your quarter mile speed is much quicker.

    What do you want?

    I think the quarter miles is probably a better indicator of performance than the 0 to 60 speed.  but also, none of these are probably a good marker because races are not linear —  typically a real race car goes through turns and winds, ups and downs, etc.  Certainly there are drag races, but still, at the end of the day the synthetic measures of performance are really not that necessary.

    So if you think that you are a nation or a nation state, once again thinking about short term performance is not a good one. Why? A nation nation state should at least be thinking 300 or 1000 years from now.

    Why so long into the future? Well simply because I think a nation or a nation state, what we truly desire is to last forever. Ideally, the United States of America would be around forever into perpetuity, well at least another thousand or 2000 years. Sooner or later at least in terms of like 100 billion years into the future, certainly we are going to go extinct sooner or later, but ideally we could strive to last longer.

    Longevity durability is the goal 

    Switching up my philosophy on fitness, I’m really into this idea of outdoor fitness. The general idea is that life is made for outside, not the indoor gymnasium.  as a consequence, our life decisions and our training should simply be done in such a manner that we train for outdoors, we live outdoors, we think outdoors. 24 seven 365 outdoor military training.

    I think the reason why a lot of these aspiring bodybuilder or weightlifters or powerlifters, they fail because by taking steroids they essentially not only shrink their balls, but they increase their short term performance, for the sake of becoming impotent and not being able to bear children or fruit even beyond their 40s and 50s. My personal ideal is to have a six pack at the age of 80, or 85, and my goal is to also keep lifting weights until I die. I probably will not be able to lift 1000 pounds when I am 120 years old, but still… Aiming for longevity is great. Because even if you miss the mark, at least you can still get close.

    Nothing is meant to last forever

    Certainly nothing is meant to last forever, but that doesn’t mean that we cannot strive.

    I think infinite durability is and should be the goal.  Therefore some new ways in which I am trying to approach fitness is toward this holy Grail;

    Simple thoughts:

    1. Stretching warming up, flexibility and ligament bone tendon strength and mobility is the bedrock and foundation of all fitness. And actually in fact, if you want to lift 20% more weight, optimizing for these factors is supreme.
    2. Think about even distribution, and also, exercises which encourage movement walking, on your own two legs. Yoke walk,yoke lift, atlas lift, Farmer’s carry, neutral grip dead lift trap bar hex bar, neutral grip rack pull. For a long time I’ve focused on mixed grip for my dead lift in right pool, but now that I am starting to get in 1000 pound territory, maybe the wise thing is to get some straps for me to focus on pulling neutral grip, in order to prevent myself from putting too much strain and pressure on one knee, which for me happens to my right side, when I’m going very very heavy.
    3. Ultimately walking is the number one goal. More recently, I am so inspired by Seneca, who loves to take the bus and the metro everywhere. and ultimately when push comes to shove, simply having the strength to carry Seneca, he’s 41 pounds now, with the heavy backpack full of books, to and from the Metro stop is a new goal.

    Clothes

    Also in terms of clothing, certainly nothing is meant to last forever. But because… Somethings are just too fragile, like for example I’ve gone through like at least 10 pairs of long 100% merino wool leggings, and honestly I’m just tired of continually purchasing new ones. Even though I could afford it.

    And also, a random other… I think this thought also applies to cars vehicles and also your beloved iPhone. Think about it… The iPhone is engineered to only be really really good for a year or two. If you just think about this from a macro perspective, Not only is it impossible for an iPhone to last you 50 years, or even more… There is no smart phone which can actually improve overtime.  certainly there are certain things like software upgrades, which do improve your phone, but from a hardware physics perspective, impossible.

    Also, in terms of a car or a vehicle, durability is your best bet. For example… Pride in my 2010 Prius, this thing will last me like 1,000,000 miles. It does not get better overtime, but it certainly doesn’t get outdated that quickly. Even what I love about the model is that there is no stupid touchscreen, Which means there is fewer distractions for me on the road.

    Even if you think a lot about these modern cars, that have all touchscreen, the big issue here is that the touchscreen technology even if you get the newest model of the car is already outdated! If your screen is not up to part with the latest iPad Pro it sucks.

    Even I am so shocked with Tesla cars come out how quickly they get outdated. Like for example the new new Tesla model Y that looks like a baby cyber truck, it already looks like at least 20 times better than the current Tesla model Y. As a consequence, There is like zero to little incentive at least for me to buy a Tesla because I know that it will get outdated so quickly.

    I think the only logical strategy is to then only ever lease a Tesla because you know within three years it will get outdated and you won’t want the newest new version.

    Or even better yet, take all that money that you would waste in the lease or financing and just put into bitcoin, or micro strategy stock, which will be accretive, not dilutive. 

    I think then from a simple strategy, it seems that at least for iPhones, just find the simplest cheapest model is best. For example the new iPhone E that came out ,,, E for ERIC ha ha, certainly this is the new goat. And actually when I think about the progression of three lenses to two lenses to one lens, sublime simplification. The simplest is actually the most desirable. 

    Simpler is superior

    What I love about bitcoin is that you cannot simplify it any further. End of the road.

    If you kept simplifying something and stripping away all the superfluous elements, at least in the digital realm, bitcoin is the only bet. Why? Pure digital energy, which has footprints in the physical realm, because you have to mine it with analog energy, but once it is mined, it exists in cyberspace forever.

    Nothing is forever besides bitcoin. 

    Expanding your time preference

    Even a super annoying thing… Getting the newest iPad Pro M4 chip, it bends? Before going to Mexico, I shoved it in my backpack, over full with a lot of stuff, and it actually structurally bent the iPad Pro, and now, it has this insanely annoying permanent curve and Bend? I guess the upside of this happening is that once again, the realization that nothing is meant to last forever.  Not only that but nothing is engineered to last forever , besides bitcoin. 

  • People Don’t Know What Is Good for Them

    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.


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

    ERIC

  • Social Engineering

    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. 

  • Bitcoin-Backed Loans

    Bitcoin backed loans coinbase

    GIF

    So I’ve been very patient waiting for this to roll out; essentially the idea is that within Coinbase, you could pledge your bitcoin as collateral, kind of like how rich New York families pledge their property as collateral, in order to borrow US dollars, and to use those US dollars to invest in other things.

    So let us say that the goal is to accumulate and acquire as much bitcoin as humanly possible. If this is the goal, then, assuming that you’re using Coinbase, you could get up to $100,000 USD, then ideally, it seems the most intelligent strategy is to then take that money, and invest it into strategy stock, MSTR. Assuming that the value of the loan is like only 7% or so, and assuming that micro strategy is crushing it, averaging I think in the Trump administration for the next four years, I think we’re going to see something like 120% to 300% performance you’re over here, ARR, so then you’re essentially gaining a arbitrage for free.

    And then thinking a little bit forward into the future… Ideally when mainstream banks start to recognize bitcoin like real estate property… Then if you have a bunch of bitcoin and you could use as collateral, you can then use that money to borrow and buy more bitcoin!

    Coinbase

    BITCOIN by KIM

    1. Microstrategy > Bitcoin?
    2. Bitcoin is Antifragile
    3. Bitcoin is the Backbone
    4. Count in Bitcoin, not USD$
    5. Think in BTC
    6. The Best Time to Buy Bitcoin is on the Weekends?
    7. How to Get Free Bitcoins
    8. Why Bitcoin is All-American
    9. The Will to Bitcoin
    10. 10x
    11. Introduction to Bitcoin
    12. Bitcoin Meditations
    13. Options
    14. Bitcoin for Investors
    15. Paradise Bitcoin
    16. The Philosophy of Volatility
    17. Bitcoin is Free Speech
    18. Digital Capital
    19. BRAVE NEW WORLD OF DIGITAL CAPITAL
    20. Bitcoin Economics
    21. Bitcoin Philosophy
  • Bitcoin Treasury Company

    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 you did in front of a bunch of investors, maybe a month prior to that, he essentially noted that essentially micro strategy was becoming a bitcoin bank, however you cannot do overnight deposits in withdrawals which means that micro strategy has a permanent base of bitcoin treasuries. And if we think about the greater macro trends of bitcoin going up forever to the top right, then what that means is that micro strategy is easily poise 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. 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 like becoming standard oil, becoming an oil company, investing in oil. Certainly everybody understands that oil is valuable, but the way that John de 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.

    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?

    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 70-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.

    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?

    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 return; 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 heatedness 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.


    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?