Author: erickim

  • Bitcoin is Solidified Happiness

    Bitcoin is Solidified Happiness!

    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.


    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?


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  • Bitcoin is Soldified Happiness

    Bitcoin is Solidified Happiness!

    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?


  • HAPPY

    Your most recent photos are your best photos!

  • The Ethics of Bitcoin

    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

  • Thinking like an engineer

    So one of the really fast things I learned from Michael Saylor in his last interview with Natalie Brunell at the end 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

    .

    Hedge their options

  • Innovative Solutions

    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.