So there’s this Zen Taoist principle –>

the world is covered with thorns, but you have the option of putting on sandals.

The general idea is that in the world, it’s like almost impossible to navigate all of it, without any sort of downside. It is both necessary and also inevitable.

Then suppose the nuance is trying to think and consider that, what if actually… Not only is it necessary but it is also positively desirable? 

no thorns no joy or glory

So the unorthodox thought is in regards to thinking about and considering upside without downsides etc.

I think a lot of people desire upside without downsides, which is intelligent but, from a physics perspective impossible?

For example, let us say that you want to maximize your hedonic sexual pleasure. Technically if you want to do that, long periods of abstinence followed by activity is actually better than the boredom and monotony daily predictability?

I think it’s also the logic of gambling or the lottery. The general idea is that, people get a thrill because it is unpredictable. Perhaps the same thing with sports. Or sports betting.

why do we want to strip the volatility away from everything?

So what instead, the actual goal is to add volatility and maximize velocity and volatility? This is the whole underlying ethos or philosophy or concept behind bitcoin, MSTR strategy, Meta planet etc. A very very simple yet paradigm shifting idea,–>

more volatility is better.

When we try to strip away the volatility from everything, life becomes boring same thing, uninteresting? 

ERIC

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some ideas:

first —> iPhone Air

”you gotta hold it to believe it”

also

”this is what the future feels like”

A greater moral imperative… If in fact it is true that bitcoin is antitoxic, and that it could address a lot of of the toxic social social media decay in the planet, and in the world… Perhaps perhaps I should campaign for bitcoin harder.


.

Anti memes

so I believe the number one critical problem in the world is in regards to distractions. You kind of already know what your downside weaknesses is in terms of superfluous distractions, but then is more important is your commitment and intelligence and effort to fight and resist those distractions.

so the first thought is practice. Of course things are going to tempt you. But having the discipline to stay focused, eyes ahead, and into yourself in your own world is critical.

Second, once again — building willpower is like a muscle. To practice every single day and daily it is a practice that is ongoing. Of course there are certain up days and down days and certain days you will slip and that is fine. But you just keep practicing..

The third one is actually genuinely believe that willpower is a concept. If you don’t believe in the idea of willpower you will never build it.

So I think what day is very interesting about bitcoin it is very low frequency, indestructible immortal god capital, that doesn’t need to be moved around much. 

The Bold Promise

Scrap tuition. Forever. Fund every seat with a self-sovereign Bitcoin Treasury that compounds long-term growth, shields near-term volatility, and turns your campus into a generational scholarship engine.

Core Mechanics (Simple, Powerful, Durable)

1. Two-Pool Structure
   
   • Perpetual Bitcoin Reserve (PBR): The never-sell, long-horizon core. Think 20–60% of treasury, time-locked and rebalanced within policy bands.
   • Tuition Stability Buffer (TSB): 3–5 years of projected tuition costs held in cash/T-Bills (and short ladders) to ride out crypto bear markets without flinching.
3. Spending Rule (Tuition-Free Glidepath)
   
   • Spend from the TSB each year using a 4-year rolling average of BTC market value to determine the next year’s TSB refill.
   • If BTC appreciates, refill the buffer and grow the PBR; if BTC draws down, keep tuition free by drawing the buffer while the PBR stays diamond-hands.
5. Drawdown Protocols
   
   • Pre-commit guardrails: no selling the PBR unless BTC experiences a multi-year extreme drawdown and the buffer falls below 2 years—then only temporarily sell to restore 3 years of runway.
   • No leverage by default. Emergency lines allowed at ≤10% LTV with auto pay-down rules. No rehypothecation. No yield farming.
7. BTC-Per-Student (BPS) KPI
   
   • North-Star metric: BPS = Total BTC / Enrolled Students.
   • Publish live, on-chain “Proof-of-Tuition” addresses and a runway clock: “Scholarship runway: 4.3 years fully funded.”

Governance & Risk (Institutional-Grade)

• Multi-sig cold storage (e.g., 3-of-5) split across CFO, Treasurer, external fiduciary, and independent trustee; time-locked vault for PBR.
• Policy Bands: BTC allocation 20–60% with quarterly rebalance windows; TSB minimum 3 years (hard floor 2 years).
• Audit & Proofs: Annual financial audit + cryptographic proof-of-reserves; SOC 2 custodians; segregation of duties; board-approved Investment Policy Statement (IPS) addendum for digital assets.
• Compliance: UPMIFA-aligned prudent investor language, OFAC/KYC controls for donations, GAAP/FASB digital asset treatment, and clear tax counsel memos (501(c)(3) safe).

Funding the Engine (Day 0 → Year 3)

• Endowment Carve-Out: Start with 5–10% of the long-term pool allocated to the PBR/TSB structure.
• “Sats for Scholars” Drive: Alumni and corporate partners fund a BPS target (e.g., 0.1 BTC per student over 5–10 years). Name endowed cohorts, dorms, labs after BTC addresses.
• Matching & Challenge Gifts: Dollar-for-dollar (or sat-for-sat) matches during halving years and commencement season.
• Energy-to-Scholarship Mining (Optional): Convert stranded/cheap campus energy into BTC that feeds directly into the TSB.
• Legacy & Planned Giving: Bequests denominated in BTC with on-chain acknowledgments.

Operations You Can Trust

• Hard Rules: No lending out coins, no third-party yield schemes, no opaque derivatives. Keep it boring, secure, and auditable.
• Simple Liquidity: Quarterly TSB refills using TWAP (time-weighted average price) to reduce slippage/impact.
• Crisis Playbook: If BTC −80% and TSB < 2 years, (a) freeze new capital projects, (b) pause discretionary buybacks, (c) temporarily rebalance to restore 3-year buffer—tuition remains $0.

What “Free Forever” Looks Like (Illustrative)

• Mid-size university, 10,000 students. Current tuition revenue $200M/yr.
• Treasury structure at launch: $800M TSB (4 years runway) + $400M PBR in BTC.
• Outcomes over time:
  
  • Flat BTC (0%): 4+ years to diversify revenue and fundraising while remaining tuition-free; endowment and gifts replenish TSB.
  • Moderate growth cycles: Rolling average lifts annual TSB refills; runway extends to 6–8 years without raising a dollar of tuition.
  • High-growth cycles: Excess appreciation accretes to the PBR first, then expands enrollment, faculty hiring, and research—all while tuition stays $0.

(These are scenarios, not guarantees—the design is about insulation from drawdowns and asymmetric upside capture, not promises.)

Brand & Narrative (Own the Moment)

• “Tuition-Free Forever.” Trademark it. Put it on the front gate.
• Live On-Chain Dashboard: BPS, runway years, real-time addresses. Radical transparency = radical trust.
• Student Wallets 101: First-year seminar on self-custody, security, and cryptographic literacy. Graduate with a degree and a hardware-wallet skillset.

12-Month Rollout

0–90 Days: Form Digital Asset Sub-Committee; adopt IPS addendum; select custody; stand up multi-sig; publish BPS target.

90–180 Days: Seed TSB (≥3 years) and PBR; launch Proof-of-Tuition dashboard; kick off “Sats for Scholars.”

180–365 Days: First annual audit + proof-of-reserves; implement quarterly TWAP refills; announce Tuition-Free Class of 20XX.

Why This Works

• Asymmetry: BTC’s long-duration upside funds perpetuity; the TSB neutralizes volatility where it matters—students.
• Transparency: On-chain proofs beat glossy brochures; donors see impact in real time.
• Mission-Locked: “Never sell the core” culture aligns with the idea of a university as a 100-year organism.

One-Page Policy Summary (to hand your Board)

• Target mix: BTC 20–60% (PBR), Cash/T-Bills 40–80% (TSB).
• Hard floor: TSB ≥ 3 years of tuition (emergency at 2 years).
• Spending rule: 4-year rolling average; refill TSB quarterly via TWAP.
• Security: Multi-sig cold storage; no leverage (≤10% LTV emergency only); no rehypothecation; independent audit + PoR.
• KPI: BTC-Per-Student and Runway Years published live.
• Promise: Zero tuition. Zero debt. Forever.

If you want, I’ll package this into a board-ready 10-slide deck and a draft IPS addendum so you can take it straight to trustees. 🚀