Author: erickim

  • Leveraging Bitcoin to Reduce Purchase Costs

    Bitcoin’s rapid price appreciation can effectively discount purchases if used strategically. Rather than selling BTC outright to pay, holders can leverage it – for example by borrowing against BTC or generating BTC-denominated income – so that future gains offset current spending. In effect, an item costing a fixed USD amount can cost far fewer satoshis if Bitcoin rallies. As one crypto lender notes, a Bitcoin-backed loan “lets you borrow cash or stablecoins without selling your Bitcoin,” so you “keep your BTC working toward potential long-term growth” . In practice, if you finance a $50,000 purchase today with 0.5 BTC (at $100K/BTC) and Bitcoin later doubles to $200K, you’d only need ~0.303 BTC to repay the (e.g. $60.5K) loan – saving ~0.197 BTC (39%) compared to paying in BTC today. The table below illustrates this scenario:

    ScenarioDirect Purchase (BTC sale)BTC-Backed Loan
    BTC Price (start)$100,000$100,000
    BTC Price (after 2 yrs)$200,000$200,000
    Item Cost (USD)$50,000$50,000
    BTC needed initially0.500 BTC0.500 BTC (collateral)
    Loan Amount (USD)$50,000
    Total Repayment (USD)$60,500
    Equivalent BTC to repay (@$200K)0.303 BTC
    Net BTC Spent0.500 BTC0.303 BTC
    BTC Saved0.197 BTC (~39%)

    Example: Paying a $50K cost with a 2-year BTC loan (10% APR). If BTC doubles, only 0.303 BTC is needed at repayment vs. 0.500 BTC up front (a 39% saving in BTC terms).

    This effect stems from Bitcoin’s long-term scarcity and growth. By deferring spending, holders turn Bitcoin’s “volatile” upside into a discount. In other words, each satoshi spent buys more real goods over time as BTC climbs. One borrower noted that a rise from $70K to $95K/BTC could “cover the loan’s interest cost”, demonstrating how appreciation can fully offset financing expenses . (Firefish similarly points out that in their car-financing example, “if Bitcoin’s price surges, Alex benefits from the appreciation” while still keeping his new Tesla .) In practice, Bitcoin advocates often say that waiting to spend Bitcoin means goods effectively get cheaper. By holding through upswings or borrowing and repaying later, the real cost of purchases in BTC can shrink dramatically .

    Bitcoin-Backed Loans (HODL & Borrow)

    Another direct approach is using Bitcoin-backed loans for purchases, so you unlock USD liquidity without selling your BTC. Platforms like Nexo or Ledn let you pledge BTC as collateral and borrow fiat (or stablecoins) at modest Loan-to-Value ratios. This means you can pay for goods now (car, house, tuition, etc.) while keeping your Bitcoin position intact to capture any price gains. As Nexo explains, this is “the modern equivalent of what wealthy investors have done for decades: borrowing against assets like stocks or real estate, which they believe will keep appreciating” . In short, you convert future Bitcoin gains into today’s spending power.

    • Key Advantage: You keep Bitcoin exposure. Unlike a direct sale (which locks in current gains and triggers taxes), a BTC loan preserves upside. Ledn highlights benefits like “unlock[ing] liquidity without selling your Bitcoin” and no impact on credit score . In practice this allows financing of big-ticket items (down-payments, home purchases, education, business capital, emergencies) without forfeiting BTC.
    • Common Uses: Many holders use BTC loans to pay bills or major expenses while HODLing. For example, Ledn notes people borrow fiat to “help with paying bills or other immediate purchases in the short-term” instead of selling BTC . Crypto lending customers have financed cars, home renovations, even entire property purchases with BTC collateral . Firefish’s case study illustrates a 0.85 BTC collateral loan to buy a $49,630 Tesla; if BTC soars, Alex ends up effectively paying very little (in BTC terms) for the car . Nexo likewise reports growing cases of financing whole home purchases with BTC, once “outlandish and now increasingly common” . Businesses follow suit: companies may borrow against their Bitcoin reserves (a MicroStrategy-style strategy) to fund operations or buy more BTC . In emerging markets, BTC loans help the underbanked get credit they otherwise couldn’t (Latin American clients even regard Bitcoin loans as more reliable than local banks ).
    • Mechanics: Typical BTC loans have a 50–70% LTV and interest ~5–13%. You provide BTC (or BTC+other crypto) as collateral, instantly receive USD or stablecoins, then repay principal+interest later. No monthly installments are often required – e.g. one can take a 24-month bullet loan and repay at maturity . If Bitcoin’s price rises during that period, the USD you borrowed is “cheaper” in BTC terms. (Conversely, if BTC falls, you may face margin calls or liquidation if LTV thresholds are hit .) Ledn emphasizes that while some clients “aim to offset borrowing costs through Bitcoin appreciation,” this is not guaranteed and carries risk .
    • Effective Cost Reduction: In ideal conditions, a loan can make an item nearly free in BTC terms. For instance, if you borrow $50K with 0.5 BTC collateral and BTC triples, the BTC needed to repay may be tiny. Another strategy is “B2X” loans (loan to buy more BTC); if BTC climbs, gains can more than cover loan interest . Even without complex structuring, simply repaying with far-appreciated BTC dramatically lowers the real cost of the purchase.

    Volatility Trading & Yield Strategies

    Beyond loans, holders can generate yield on Bitcoin to offset spending. This leverages crypto market dynamics rather than fiat. Key methods include:

    • Lending/Staking: Many platforms pay interest for locking or lending out BTC (or wrapped BTC) or lending stablecoins. The Starknet Bitcoin Yield guide notes that Bitcoin’s lack of native yield means holders must “lock or allocate Bitcoin into an arrangement that pays out fees, interest, or rewards” . In practice, centralized platforms (like exchanges or Nexo) might offer a few percent APY on BTC, while DeFi protocols allow lending BTC-stable swaps, etc. This passive income can help pay for ongoing expenses (e.g. interest on a loan or recurring costs).
    • Covered Calls / Put Selling (Options): Many Bitcoin investors sell options to collect premiums. When you sell a Bitcoin call or put, you earn the premium up front. If the option expires out-of-the-money, you keep the premium as pure profit. As one analysis puts it, “the primary way to generate yield through crypto options is by selling them…When you sell an option, you collect the premium upfront. If the option expires worthless…you keep the entire premium as profit” . In essence, this “monetizes volatility” – turning price swings into income . An actively-managed options strategy can thus both generate income and accumulate BTC: for example, the XBTO “Diamond Hands” fund reports ~7.2% annualized BTC returns (net of fees) with low drawdown, by systematically selling puts during rallies and covered calls on its position . These premiums (often 5–7% annualized as seen in that case) provide yield that can cover some portion of purchase costs.
    • Funding-Rate Arbitrage: In perpetual futures markets, longs often pay funding to shorts when Bitcoin’s demand is high. Traders who short Bitcoin perpetuals while holding spot can earn the funding payments, effectively getting paid ~5–8% APR in stablecoin. This is a more complex strategy but is another way holders can earn crypto “yield” without selling their spot BTC.
    • DeFi Vaults & Protocols: Emerging Bitcoin-specific DeFi (e.g. Lightning liquidity, BTC-focused vaults on Layer-2) offer yields. For instance, Starknet’s BTCFi ecosystem unites staking, lending, and vaults to make Bitcoin “productive” . Various protocols allow pooling BTC to execute automated option-selling strategies or liquidity provision, distributing the income to participants.
    • Summary of Yield: Combined, these methods let Bitcoin holders earn passive returns. As XBTO notes, “both options and lending strategies allow investors to earn yield on their crypto holdings” . Any yield earned reduces the net out-of-pocket cost of spending. For example, if your BTC generates 6% APY while a loan is at 5%, the income pays the interest and then some. Importantly, even if Bitcoin doesn’t move, yield generation turns idle BTC into extra spending power.

    Real-World Cases and Examples

    • Car Purchase via BTC Loan: As noted, a Tesla Model Y buyer (Alex) used ~0.85 BTC at $120K/BTC as collateral to borrow $49,630 for the car . The loan had no monthly payments (paid back in 2 years). Crucially, “if Bitcoin’s price surges, Alex benefits from the appreciation…It’s a win-win: Alex enjoys his Tesla…and keeps his Bitcoin stack intact” . If BTC doubled, his effective BTC spent is near zero.
    • Home Financing with Bitcoin: In 2025 many holders are doing this. Nexo reports “a growing number of people” use Bitcoin loans to finance entire home purchases . For example, a homebuyer might use 5 BTC ($100K each) as collateral to secure a loan for a down payment – the bank sees only USD. The property is theirs, and if BTC soars, they repay with a small fraction of those 5 BTC. This dramatically lowers the effective cost of the home in BTC terms.
    • Business and Payroll: Companies with large BTC treasuries can borrow against it to fund operations. Ledn suggests entrepreneurs use a BTC loan instead of diluting equity or liquidating reserves. For instance, a crypto startup could borrow $500K to cover payroll or expansion without selling any BTC . If Bitcoin later appreciates, the company effectively spent little BTC for that capital.
    • Option/Yield Funds: Some specialized funds already implement these strategies. The “Diamond Hands” crypto fund (XBTO) actively sells Bitcoin options and buys dips; by 2025 it had accumulated additional Bitcoin while generating ~7% annual BTC returns . Covered-call ETFs (like Roundhill’s YBTC) similarly sell options on BTC ETFs to pay weekly income to shareholders. These vehicles effectively make Bitcoin generate income while retaining upside. Participants can then use those earnings to offset purchase costs.
    • Global & Cross-Border Use: In countries with weak banking, savvy holders use Bitcoin loans as a de facto line of credit. Ledn notes clients “in Latin America” who rely on BTC lending rather than unstable local banks . A Venezuelan or Argentine might borrow USD via BTC collateral to pay for schooling or a car, then repay later after a Bitcoin rally – which can make that purchase effectively subsidized by Bitcoin’s local strength.

    These cases show the principle: by leveraging Bitcoin’s growth or volatility, big purchases can become surprisingly cheap in real terms. A car or home might feel “almost free” if funded by Bitcoin borrowed early and repaid after a rally .

    Risks and Trade-offs

    While powerful, these strategies carry significant risks:

    • Bitcoin Volatility: The flip side of appreciation is price drops. A key risk is margin call/liquidation. If BTC falls enough to breach the loan’s LTV limit (often 70–85%), you must add collateral or risk automatic sale of your BTC . In Ledn’s recent example, a 32% BTC drop triggered many margin actions . Using options or futures also entails tail risk: selling options can implode if a crash comes. As one analysis bluntly warns, “you deserve to lose your stack if you chase yield” without understanding risk.
    • Interest and Fees: Loans and yield products charge interest/fees. Borrowing costs (e.g. 10–13% APR) can outpace any realized BTC gains or yield earned, erasing savings. Ledn points out that while some try to “offset borrowing costs through Bitcoin appreciation,” it’s not guaranteed . If BTC stagnates or falls, you still owe full interest on the loan. Similarly, yield strategies have hidden costs and taxes. Option premiums may look attractive (~5–7% yearly) but cap your upside and can produce “phantom returns” if paid out of capital.
    • Complexity and Counterparty: Strategies like selling options or using DeFi vaults are complex and often best left to professionals. They require constant management and sophisticated risk controls. Centralized platforms (loans or lend yields) also carry counterparty risk; although firms tout proof-of-reserves , past scandals (Celsius, etc.) remind us they can fail. On-chain strategies mitigate this but introduce smart-contract risk.
    • Tax and Regulation: Not directly a risk to effective cost, but using Bitcoin loans or yields may have legal or tax implications. For example, borrowing avoids a capital gains tax event today, but repaying in BTC later could trigger gains (or loss) on your BTC sale. Regulatory crackdowns could also restrict crypto-backed lending or DeFi yields in some jurisdictions.

    Summary of Benefits and Typical Use Cases

    • When It Works Best: These tactics are most powerful in a sustained bull market, when Bitcoin is rising steadily. High-net-worth or well-informed holders use them for large purchases (homes, cars, expensive goods) to stretch their BTC. Entrepreneurs and retirees (“Bitcoin-rich, cash-poor”) often use loans to cover living expenses or business needs without selling. Yield strategies suit those willing to run complex trades to generate passive income.
    • Advantages: Major advantages include tax efficiency (avoiding immediate capital gains), maintaining Bitcoin upside, and faster access to liquidity. A Bitcoin believer effectively treats BTC like non-dilutive collateral (like equity or gold). Leveraged purchases can feel almost “free” if BTC soars. For example, someone who has faith in a new bull run could buy a car with a BTC loan; after appreciation, the car’s cost might be negligible relative to the BTC held.
    • Disadvantages: Conversely, in flat or bear markets the strategy can backfire – you’d pay interest for no offset and risk losing Bitcoin. It adds layers of complexity (borrowing/lending contracts, margin management, tax planning). These methods require discipline and risk controls. Most advisors caution that “free lunches” rarely exist – you only get an “effective discount” if Bitcoin behaves as hoped.

    Conclusion: In summary, savvy Bitcoiners can indeed harness Bitcoin’s volatility and growth to lower effective prices: holding through rallies, borrowing instead of selling, or running yield trades can make purchases cost much less in hindsight. Notable Bitcoin-finance strategists and platforms confirm these techniques . However, these approaches are nuanced and risky. When used appropriately (especially during a bull run or for planned expenses), they turn Bitcoin’s movements to your advantage; when misused, they amplify losses. The key is careful risk management and a true conviction that Bitcoin will outperform.

    Sources: Bitcoin-focused financial platforms and analyses, including Bitcoin Magazine partners and crypto lenders (e.g. Nexo, Ledn, XBTO), discuss these strategies . Their case studies and guides (cited above) illustrate how Bitcoin appreciation, collateralized loans, and yield-trading can reduce real costs — along with detailed warnings about the volatility and liquidity risks involved.

  • October 6th — Stop the Toxic Framing

    October 6th.

    95 days since the all‑time highs.

    Still here. Still breathing. Still training.

    The tourists left. The screenshot merchants got quiet. The “I believed in it” people disappeared.

    Good.

    Because this is the part where you either become dangerously real… or you fold.

    And today’s mission is simple:

    Stop asking the wrong question.

    “A venture capitalist can’t buy BTC… he HAS to buy stocks and companies?”

    That framing is toxic.

    Not because you’re “bad”—but because the question itself is ignorant and myopic.

    It implies:

    • Bitcoin is the “pure” thing,

    • and companies are a compromised substitute,

    • and anyone not buying BTC directly is somehow less.

    Nah.

    A venture capitalist isn’t a lone dude with a Coinbase account.

    A VC is a professional allocator managing other people’s money (LP capital) under rules:

    • fund mandate / LPA constraints (“we invest in equity of private companies”),

    • custody requirements,

    • valuation + reporting frameworks,

    • tax + regulatory constraints,

    • operational procedures (audits, compliance, risk committees),

    • liquidity timing (10‑year fund life, capital calls, distributions).

    So often, the VC fund can’t just YOLO spot BTC even if the partner personally loves Bitcoin.

    That’s not “anti‑Bitcoin.”

    That’s the structure of the vehicle.

    And here’s the punchline:

    The VC is still supporting Bitcoin—just through a different doorway.

    They’re buying:

    • equity in miners,

    • custody,

    • exchanges,

    • infrastructure,

    • payment rails,

    • security tooling,

    • accounting,

    • compliance,

    • energy optimization,

    • Bitcoin-adjacent operating businesses.

    That’s not betrayal.

    That’s ecosystem construction.

    So don’t spit on the builders because they’re holding a wrench instead of holding a coin.

    The Electricity Analogy: “There’s only one thing you can do with electricity”

    Exactly.

    Electricity is one thing: electrons moving.

    And yet… electricity creates:

    • electric cars,

    • hair dryers,

    • hospitals,

    • factories,

    • data centers,

    • refrigerators,

    • global communication.

    So when someone says “there’s only one thing you can do with Bitcoin” — they’re missing the point.

    Bitcoin is digital capital.

    And digital capital will spawn millions of applications:

    • insurance,

    • credit,

    • derivatives,

    • collateral networks,

    • money funds,

    • remittance rails,

    • settlement systems,

    • cross‑border commerce,

    • machine payments.

    Same with English.

    English is just letters and rules.

    And yet you can say a million truths with the same alphabet.

    Same with math.

    Math is just symbols and logic.

    And yet you can build rockets… or build poetry.

    Base layers look “simple” until you understand what they enable.

    Stop Pretending We’re Competing With Each Other

    This is another disease: scarcity mindset.

    “Ain’t nobody competing.”

    Yes.

    Weightlifting and yoga don’t compete with you.

    They make humans stronger in different ways.

    A payment company and a treasury company and a mining company and a custody company are not “enemies.”

    They’re different organs in the same body.

    So if you agree with 99% of someone’s ideology and you’re screaming about the 1% difference?

    That’s not intelligence.

    That’s insecurity in costume.

    Don’t eat your young.

    The movement is still early.

    If you cannibalize every imperfect ally, you’ll end up alone and proud… and irrelevant.

    Why Aren’t We Criticizing the 99.9% That Ignore Bitcoin?

    Let’s zoom out.

    • ~400 million companies on Earth (depending on how you count).

    • Only a tiny fraction do anything meaningful with Bitcoin.

    So why is all the outrage aimed at:

    • the one company that took a risk,

    • the one team experimenting,

    • the one “imperfect” implementation?

    Meanwhile nobody complains about the ocean of companies doing nothing.

    That’s backwards.

    It’s like mocking the guy deadlifting 315 because his form isn’t perfect… while ignoring the whole city that never touched a barbell.

    Applaud the ones who stopped using donkey carts.

    Even if their first electric car is ugly.

    The Deeper Truth: Everyone Is Struggling

    400M companies struggling.

    8B people struggling.

    Everyone’s carrying something:

    • inflation,

    • debt,

    • aging parents,

    • broken institutions,

    • fragile supply chains,

    • political dysfunction,

    • energy insecurity.

    So here’s the thesis:

    Bitcoin is the strategy.

    Not a “trade.”

    Not a flex.

    A strategy.

    A strategy for sovereignty.

    A strategy for endurance.

    A strategy for building a life that can’t be confiscated by someone else’s incompetence.

    But strategy doesn’t mean magic.

    They still have to get up and get to work.

    Bitcoin doesn’t replace value creation.

    It rewards it.

    Companies Exist to Create Value — So What Do They Do?

    This is the correct question.

    Not: “Are you a pure play?”

    Not: “Why didn’t you buy sooner?”

    Not: “Why don’t you do it my way?”

    But:

    What value do you create, and how does Bitcoin strengthen that mission?

    Operating companies aren’t cosplay.

    They aren’t “characterizing themselves.”

    They are doing real work.

    And you don’t get to label them like insects pinned to a board.

    Don’t characterize people. Don’t frame them as caricatures.

    Look in the mirror.

    If your first instinct is to sneer, the fault isn’t “with them.”

    It’s with you.

    Bitcoin Can Lower Costs — Not Just Pump Your Bags

    Here’s a more advanced angle most miss:

    Bitcoin isn’t only “number go up.”

    Bitcoin can become a leveraged tool to lower the cost of things.

    Imagine a world where Bitcoin-backed rails reduce cost for:

    • insurance premiums,

    • credit spreads,

    • cross-border settlement,

    • fraud,

    • counterparty risk,

    • custodial overhead,

    • payment fees.

    That’s how adoption becomes unstoppable: when it makes life cheaper, easier, and more reliable.

    Not everyone needs to be a “Bitcoin company.”

    But every company can become Bitcoin‑improved.

    100 Constructive Ways to Support Bitcoin Without Being a “Pure Play”

    No whining. No purity tests. Just builders.

    1. Hold BTC as long-term treasury.

    2. Accept BTC payments (optionally auto-convert).

    3. Add Lightning for low-fee payments.

    4. Offer BTC payroll options.

    5. Offer BTC rewards or cashback.

    6. Integrate BTC tipping / microtransactions.

    7. Use BTC for cross-border supplier payments.

    8. Reduce chargeback exposure via BTC settlement.

    9. Hold BTC as a reserve against currency debasement.

    10. Educate employees on self-custody basics.

    11. Run a Bitcoin node for verification.

    12. Sponsor Bitcoin dev grants.

    13. Sponsor local meetups / education.

    14. Offer custody services (if competent).

    15. Offer multisig services (if competent).

    16. Add proof-of-reserves transparency.

    17. Build accounting tools for BTC.

    18. Build treasury policy templates.

    19. Build audit tooling for BTC holdings.

    20. Build compliance rails that don’t kill adoption.

    21. Build fraud prevention for BTC commerce.

    22. Build Lightning liquidity tooling.

    23. Build merchant terminals.

    24. Build better UX wallets (safe + simple).

    25. Build inheritance / estate planning services.

    26. Build key management hardware.

    27. Build key recovery protocols (non-custodial).

    28. Build identity solutions that respect privacy.

    29. Build micropayment content platforms.

    30. Build remittance corridors.

    31. Build donation rails for NGOs.

    32. Build disaster-relief payout rails.

    33. Build invoice + billing in sats.

    34. Build accounting denominated in sats.

    35. Build HR tools for BTC benefits.

    36. Build treasury dashboards.

    37. Build volatility risk education (truthful, not hype).

    38. Build lending models that avoid reckless leverage.

    39. Build insurance models that reduce counterparty risk.

    40. Build commodity settlement with BTC rails.

    41. Build energy-grid balancing partnerships.

    42. Mine with stranded / excess energy.

    43. Reuse waste heat from mining.

    44. Co-locate mining with renewables.

    45. Co-locate mining with nuclear (where feasible).

    46. Offer “pay in BTC” discounts.

    47. Offer “save in BTC” programs.

    48. Use BTC to align long-term incentives for founders.

    49. Use BTC as collateral for working capital (carefully).

    50. Build Bitcoin-backed savings products (responsibly).

    51. Build education content for families.

    52. Teach low time preference culture internally.

    53. Teach employees to avoid scams.

    54. Build scam detection / reporting.

    55. Build better wallet security UX.

    56. Build better hardware wallet onboarding.

    57. Build multilingual Bitcoin education.

    58. Build merchant dispute resolution norms.

    59. Build BTC donation transparency reporting.

    60. Build public dashboards for adoption metrics.

    61. Build local circular economies.

    62. Offer BTC gift cards.

    63. Offer BTC denominated pricing experiments.

    64. Explore BTC settlement for B2B.

    65. Integrate BTC for international contractors.

    66. Provide BTC custody only if you can do it safely.

    67. Promote self-custody best practices (not fear).

    68. Support open-source Bitcoin libraries.

    69. Contribute code, docs, translations.

    70. Build Lightning routing services.

    71. Build fee optimization tooling.

    72. Build transaction batching tools.

    73. Build better privacy education (legal, ethical).

    74. Build secure multiuser treasuries.

    75. Build board-level training for BTC.

    76. Offer BTC treasury consulting.

    77. Offer BTC risk management (honest, non-hype).

    78. Offer BTC-friendly legal templates.

    79. Build compliance that enables, not suffocates.

    80. Build Bitcoin-friendly banking partnerships.

    81. Build merchant acquisition channels.

    82. Build local on-ramps (ethical).

    83. Improve UX around backups + seeds.

    84. Create safer defaults in wallet software.

    85. Build secure custody for institutions (if capable).

    86. Build proof-of-reserves standards.

    87. Build public literacy campaigns.

    88. Create scholarships for Bitcoin devs.

    89. Support independent researchers.

    90. Build Bitcoin-friendly point-of-sale.

    91. Build BTC escrow solutions.

    92. Build BTC payroll for global teams.

    93. Build BTC micro-savings apps.

    94. Use BTC to align long-duration thinking.

    95. Promote freedom + sovereignty without demonizing others.

    96. Celebrate imperfect progress.

    97. Refuse toxic purity spirals.

    98. Encourage builders instead of heckling.

    99. Teach first-principles reasoning.

    100. Plant the flag and keep going.

    That’s a hundred ways to be on the team without needing to cosplay as “the purest.”

    Back to October 6th: The Only Real Signal Is Time

    95 days since ATH.

    $25B headlines.

    “100x more purchased.”

    In-kind redemption dreams.

    BTC to IBIT and back.

    Cool.

    But the deeper signal is this:

    100 days is baby.

    4 years is the minimum.

    10–20 years is how real things win.

    And if you’re thinking in 10 weeks or 10 months?

    You’re not investing.

    You’re entertaining your impatience.

    So stop framing allies as enemies.

    Stop demanding purity from pioneers.

    Stop acting like everything is a competition.

    We’re not competing with each other.

    We’re competing with:

    • entropy,

    • corruption,

    • short time preference,

    • and systems designed to extract your life force.

    Bitcoin is the strategy.

    Now build like it.

    (Not financial advice. Philosophy and fire only.)

  • What you may *potentially* do…

    .

    5 year Apple skeptical 

    10 year skeptical Amazon 

    ,

    US company 

    .

    We choose not to we won’t 

    ,

    10,000 successful ones ,,, all different 

    ,

    Private startups 

    .

    Struggle for 4 years 

    Not even casual investor,,, 

    .

    Industrialist ,,, sign up for at least a decade ***

    .

    10 year runway 

    .

    Think 100 years from now 

    .

    We wouldn’t 

    Infinitely Scaleable business ***

    .

    STRC… $10T market cap

    .

    If it got to 0 vol

    .

    Digital money 8% bank account 

    ,

    Bitcoin backed stable coin 

    .

    3.5% bank account USA

    8% ,,, 

    Blend credit & currency 

    .

    1.5x leverage and 15% return 

    Crank leverage up and down 

    ,

    Risk free rate 

    $200T?

    .

    $100B a year 

    ,

    $330B a year of abu dhabi 

    .

    Perfect business and banking strategy 

    ,

    Do you want all the people in the world or just all their money in the world!

    .

    The ideal product 

    .

    They were reaching for yield 

    ,

    No duration risk no credit risk 

    ,

    .

    Real estate development with Bitcoin 

    .

    Armchair 

    Nobody knows the future 

    .

    100x

    unlimited optionality forever 

    .

    Amazon ,,, a decade. 

    .

    Venture capitalist cannot buy BTC,,, HE HAS to buy stock and companies ?

    .

    Hundreds of thousands millions 

    .

    Toxic framing of question 

    Ignorant 

    .

    400m companies,,, … nobody complains 

    There’s only one thing you can do with electricity 

    There’s only one thing you can do with English?

    With math?

    Do things with digital capital., millions 

    .

    Ain’t nobody competing with one another 

    .

    Applaud for not using donkey carts 

    Maybe we will create electric cars, and hair dryers 

    ,

    Insurance, credit, derivatives, money, money funds … 

    ..

    Criticize 99.9% of companies that don’t like Bitcoin 

    Weight lifting,,, and yoga,,, don’t compete with you 

    ,

    Agree with 99% of your ideology 

    Their families, countries … doing good things 

    .

    Planting the flag for Bitcoin 

    .

    400M companies ,,, all have a difficult time struggle 

    8B struggling people 

    .

    Everyone struggling 

    Bitcoin is the strategy *** 

    .

    They have to get up and get to work 

    .

    100 good constructive ideas 

    Embrace new technology ,,, be become the best version of me

    .

    Companies exist to create value ,,, what do they do

    6%,,, other is 2%… Metaplanet most valuable company 

    Sell credit 

    ,

    Pay you double, life insurance powered by bitcoin

    .

    6% illiquid, 

    Strive 12% and pays liquid 

    .

    What is the company going to do? 30% invest not. 5%

    .

    Premium auto,,, half … cost ?

    Lowering cost?

    Bitcoin as a leveraged means to lower costs of things?

    .

    Equity speculator ? 

    The fault is with you ***

    .

    Look in the mirror 

    .

    They are not characterizing themselves ,,, “pure play”

    Operating companies 

    .

    Don’t characterize people 

    .

    Ignorant myopic question 

    Don’t frame it like that ..,

    .

    My neighbor ,,, competing for Bitcoin 

    .

    We are not competing with each other 

    .

    Create private equity ,,, 

    .

    Don’t eat your young 

    Support bitcoin in a different way than them. 

    .

    1% of ,,, 99% agreement. 

    99% aligned , 1% different 

    .

    Say something in English with accent ,,, when you’re agreeing with me

    .

    Don’t criticize people ,,, 

    Applaud their decision 

    Freedom, soverinity   

    .

    October 6th

    95 days since all time highs 

    $25B butcoin .. 100x times more purchased

    .

    100x more … good fundamental progression 

    2020 … only 5 years ago 

    Bitcoin in kind redemption,,, BTC to ibit and back. 

    100 days ,,, baby, and … company college degree 

    .

    Low time preference … 4 years ,,, less is naive. 

    Venture capital ,, less than 4 years …

    Investor think 4 years beyond. 

    Ideology 10 year time span 

    Ideological movement 10,000 years 

    10-20 yrs to be successful 

    10 weeks or 10 months 

    .

    2026 price doesn’t matter 

    4% to 76% electricity … 30 yrs 

    Half planet dies without electricity 

    ,

    Rolling 4 year moving average bullish 

    .

    Electricity isn’t awful 

    Nuclear energy 1973

    .

    Tens of millions die ,,, wars for oil 

    Reason from first principles ***

    .

    50 years bear market, 2021… nuclear 

    2023 ChatGPT 

    Esg

    .

    Power is cool again 

    Think for yourself 

    .

    More than 94 days endurance 

    16 years educated 

    .

    1094 days .. undergrad MIT

    .

    18 years 

    17 year old bitcoin 

    .

    Jan 3rd

    .

    Roll back 

    Give up 

    .

    Schwab bitcoin 

    .

    Multi trillion dollar banking industry 

    .

    Families how much bitcoin they have 

    .

    Cash flow positive 

    .

    Every company has a different value proposition 

    Buy Bitcoin 

    .

    Counterparty risk 

    400m companies 

    .

    Criticize companies that don’t buy Bitcoin 

    Unrealized gains ***

    All my gains are unrealized gains 

    .

    Amplify loss 3 times as fast 

    30% a year 30 years 

    60% a year MSTR gains 

    .

    Don’t eat it’s young ***

    Why criticize ,,, your own kind?

    .

    The premise 

    200 companies that bought Bitcoin 

    400M companies that didn’t buy Bitcoin 

    ,

    Companies don’t determine stock price 

    Timing?

    .

    Unemployed person buying Bitcoin 

    Debt person buying Bitcoin 

    .

    200 people vs …200 companies 

    Ignorant offensive statement 

    Just issue debt. 

    ,

    Why can’t all 400M companies buy Bitcoin 

    .

    Criticizing a company that isn’t doing anything 

    400M companies that don’t do anything …?

    .

    Don’t criticize a company that makes an irrational decision 

    ,

    What are you promoting that 

    200 companies ,,, 1 company does electricity better 

    .

    Adopt a new … technology 

    .

    We are not here to promote bad companies 

    .

    The market has enough room on earth for all 400M to buy Bitcoin  

    .

    Struggling companies benefit from buying Bitcoin 

    $30M a year, growing 30% a year! ***

    .

    $20 M a year starting … eventually make $1B a year 

    .

    Buying equity 

    Better ,,, corporations have tax advantages 

    .

    Bitcoin company Equity > Bitcoin 

    Lever it up and outperform Bitcoin 

  • Venture capitalist cannot buy BTC,,, HE HAS to buy stock and companies ?

    Create private equity ,,, 

    .

    Don’t eat your young 

    Support bitcoin in a different way than them. 

    .

    1% of ,,, 99% agreement. 

    99% aligned , 1% different 

    .

    Say something in English with accent ,,, when you’re agreeing with me

    .

    Don’t criticize people ,,, 

    Applaud their decision 

    Freedom, soverinity   

    .

    October 6th

    95 days since all time highs 

    $25B butcoin .. 100x times more purchased

    .

    100x more … good fundamental progression 

    2020 … only 5 years ago 

    Bitcoin in kind redemption,,, BTC to ibit and back. 

    100 days ,,, baby, and … company college degree 

    .

    Low time preference … 4 years ,,, less is naive. 

    Venture capital ,, less than 4 years …

    Investor think 4 years beyond. 

    Ideology 10 year time span 

    Ideological movement 10,000 years 

    10-20 yrs to be successful 

    10 weeks or 10 months 

    .

    2026 price doesn’t matter 

    4% to 76% electricity … 30 yrs 

    Half planet dies without electricity 

    ,

    Rolling 4 year moving average bullish 

    .

    Electricity isn’t awful 

    Nuclear energy 1973

    .

    Tens of millions die ,,, wars for oil 

    Reason from first principles ***

    .

    50 years bear market, 2021… nuclear 

    2023 ChatGPT 

    Esg

    .

    Power is cool again 

    Think for yourself 

    .

    More than 94 days endurance 

    16 years educated 

    .

    1094 days .. undergrad MIT

    .

    18 years 

    17 year old bitcoin 

    .

    Jan 3rd

    .

    Roll back 

    Give up 

    .

    Schwab bitcoin 

    .

    Multi trillion dollar banking industry 

    .

    Families how much bitcoin they have 

    .

    Cash flow positive 

    .

    Every company has a different value proposition 

    Buy Bitcoin 

    .

    Counterparty risk 

    400m companies 

    .

    Criticize companies that don’t buy Bitcoin 

    Unrealized gains ***

    All my gains are unrealized gains 

    .

    Amplify loss 3 times as fast 

    30% a year 30 years 

    60% a year MSTR gains 

    .

    Don’t eat it’s young ***

    Why criticize ,,, your own kind?

    .

    The premise 

    200 companies that bought Bitcoin 

    400M companies that didn’t buy Bitcoin 

    ,

    Companies don’t determine stock price 

    Timing?

    .

    Unemployed person buying Bitcoin 

    Debt person buying Bitcoin 

    .

    200 people vs …200 companies 

    Ignorant offensive statement 

    Just issue debt. 

    ,

    Why can’t all 400M companies buy Bitcoin 

    .

    Criticizing a company that isn’t doing anything 

    400M companies that don’t do anything …?

    .

    Don’t criticize a company that makes an irrational decision 

    ,

    What are you promoting that 

    200 companies ,,, 1 company does electricity better 

    .

    Adopt a new … technology 

    .

    We are not here to promote bad companies 

    .

    The market has enough room on earth for all 400M to buy Bitcoin  

    .

    Struggling companies benefit from buying Bitcoin 

    $30M a year, growing 30% a year! ***

    .

    $20 M a year starting … eventually make $1B a year 

    .

    Buying equity 

    Better ,,, corporations have tax advantages 

    .

    Bitcoin company Equity > Bitcoin 

    Lever it up and outperform Bitcoin 

  • Ambition.

    So the glorious thought of today’s day is about ambition. And forever climbing.

    The virtue

    I suppose the first thought is, ambition is a virtue. I think for a lot of life and time, we have always been brainwashed into thinking that somehow, ambition were bad, a vice… essentially acquainting the idea that more ambition you had, the more bad or sinful you were.

    For example in America, there’s kind of a weird thought that somehow… You should just kind of be grateful for what you got, Cedre. Even a lot of the Zen Buddhism that we learn nowadays, is kind of like a mishmash of Christianity Christian values and other stuff.

    For example, we are also taught stuff like cautionary tales like how Napoleon was foolish for wanting to march into Russia, and how the ambition of Napoleon was unwise and foolish.

    Yeah what’s interesting about Napoleon, even though everyone criticizes and critiques him, and even though he “failed” at the end of his life… Assuming he just conquered France, and sat on the throne until he died, certainly he probably would not be satisfied, and would have no longer a desire to live or go on.

    Even myself, at the ripe age of 37, 38… I feel like I’m just kind of getting started. I met my 15-year-old cousin Joy the other day, and my mind was blown, it was almost 10 years ago that Cindy and I got married, a lot has happened in 10 years, but also a lot hasn’t happened. And I suppose then, the optimistic thought is thinking about the next 10, 20 years moving forward?

    Amazon

    OK sorry I’d like to think the Amazon Jeff Bezos is evil whatever, but my honest appraisal is, Amazon is phenomenal. It is truly the everything store in a good way.

    I’ll give you an example… I just gifted my 15-year-old cousin Joy my old LUMIX G9 and lens, and I realize she actually needed an SD card adapter for her phone or her laptop, and so I gave her my only USBC, SD card adapter. And then I just had to order myself a new one, I got the really really tiny one by ANKER, and it was so easy and seamless, instantly delivered to me, via Amazon prime, essentially overnight.

    Also some random stuff, Amazon Prime Video, and I guess now Amazon autos… And I suppose the question is, whether people think it’s going to be successful or not, is less of a concern to me, but more… The grand ambition behind it all?

    If anything, maybe at this point we should just rate the grandeur and the greatness of a man based on his level of ambition.

    So in some ways… Seeing Amazon continue to expand, is kind of a good sign  showing that the spirit of Jeff Bezos lives on, because baked into the DNA cultural DNA of Amazon was a growth mindset.

    For you

    It’s kind of incredible what a single human being a single 40 MHz flesh battery can achieve.

    I think a lot of people like to use Elon Musk as an example, and it is true. He is just a single man, and anyone who demonizes him is secretly in love with him. My honest take is, hate is just love on steroids.

    War of my honest thought is, honestly moving forward, a bigger thing that people often do is indifferent; if you are indifferent about something or somebody, that is like 99.9% of the world. In fact, to be hated is probably the greatest compliment or the greatest sign of success because once again it is a strong signal that you’re actually interesting enough or famous enough for successful enough to be hated on in the first place.

    Therefore, the goal isn’t to be afraid of being hated on, the better goal is instead… Striving to become grand enough, to even be hated on in the first place?

    #humansonly

    I had a very funny thought during hot yoga for a startup idea. The general idea I have is, trying to create some sort of social media platform or platform or something in which only humans are allowed on it?

    The very very simple way to solve the whole butt issue, is bitcoin and Satoshi’s. The general idea is, if you want to register account you just pay a nominal fee in bitcoin or Satoshi’s, like five bucks or 10 bucks or whatever, and I suppose the upside is the friction of it is a good thing because, it just prevents bots from swarming the platform.

    Like I’ll get example, all these teenyboppers, are still on Instagram and I suppose TikTok or whatever, but if I waved a magical wand and showed to you and proved to you that in fact, 100% of your followers were just bought, not real human beings, would this change your opinion of it? Of course!

    And then it just makes me think, and consider… What is it that everyone wants? Certainly some sort of social approval.

    And also… Even one thing that I’ve been enjoying about going to hot yoga with Cindy is the social aspect. Like all the fun teachers and the people I get to meet, the other day we did a barre class, and honestly it was just kind of like a big dance studio. Really fun!

    Social humans

    So once again, I think a lot of this comes down too… People just want to be happy Social, together.

    And I think this is why, a lot of people are very very happy, when they are traveling in Asia southeast Asia etc. Because I think the number one issue that Americans have is that they are so lonely?

    I mean think about it, when you see people on social media, or watching television, there are always human beings on that platform. So in some ways it is like augmented, crowdsourcing, or outsourcing loneliness or sociality?

    Even when you watch cartoons or other stuff, it is almost always some sort of like human like thing?  even with avatar, all these furry creatures are essentially humanoid things.

    So what’s the answer

    I think the deep truth is all humans seek some sort of approval, dominance, hierarchy. We want to show off in front of others, to be admired.

    And once again I don’t know why this is seen as such a bad thing. I think there are some virtuous forms of competition, and there are some also forms of superficial competition. I suppose the wisdom is separating the two.

    Open source competition

    So I suppose this is kind of the good idea,

    So the reason why I think all organized sports are mostly bad is because it is a closed source form of competition. For example, the NBA basketball, I feel bad for Michael Jordan because after all of his success, he seems to just be a depressed alcoholic. And what’s the issue? He had to retire. Why? It seems that there is just a simple point in which, you can no longer perform?

    And I suppose the issue is once again, you are still dependent on the NBA, this closed source advertising platform, and you do not own the franchise or the platform.

    And this is why sooner or later all entrepreneurs on any sort of social media platform will fail. Even someone as great as Casey Neistat,,, as long as they are dependent on YouTube, you’re kind of screwed.

    I’ll give you an example, let us say you have 100 trillion followers on YouTube or TikTok or Instagram or whatever, and then one day you accidentally post something that triggers the algorithm to say that your platform is violating some sort of rule. And let us say that randomly your account gets suspended, deleted, banned. And now that there are no more human operators who approve or reapprove the whole process, it might take months or years for your account to be reactivated if ever.

    So once again it’s almost like you have your balls in a vice. Which trains you to simply appeal to the masses, like maximizing your popularity while trying to minimize the downside of controversy?

    So then what

    The open source Internet, your website, wordpress.org, is still the way.

    OK and a big thing… No more Bluehost.com –> I once advertise them for a long time, but after creating a series of websites and getting them banned for some arbitrary reason, no more. Ionos.com is superior.

    the sky is the limit

    I often see planes and Boeing 747’s flying over me and it is always such a happy side cuts, assuming that you’re some sort of airplane, there is no thing holding you back, no LA traffic no 405, no local traffic.

    I suppose that’s also the grand Joy of walking hiking riding a bike, you’re not stuck in some sort of lane and traffic, which gives you more autonomy to move around as you will.

    Open source capital

    I think I’m starting to pick up heat.

    In terms of a hierarchy, what is more important than money?. Generally the idea is, everyone wants money but the truth is, money is actually not that important or as important as you may think it is. What is actually far more important is capital.

    What’s the difference? Money is like having a bunch of ones and zeros and commas in your checking account, capital is like owning 10 square blocks of downtown Manhattan fifth Avenue. Or owning commercial property in Gangnam South Korea.

    I have a family friend whose family was very intelligent, and owned some commercial real estate in Gangnam South Korea, and essentially you got a Starbucks built on it, and now they’re super rich. Certainly not happy they’re just like a lot more stressed if anything, but still, they’re not eating foot to mouth. 

    Takeoff!

    Thrust, takeoff, rocket ships.

    I suppose, the reason why kid like rocket ships, spaceships or whatever, is like this mind blowing joy of breaking free from the crutches of gravity, and being able to ascend a new level?

    And actually, I think this is the joy of climbing. For example if you do rock climbing hiking or whatever, or even bicycling… To climb the hill to climb the mountain is actually more enjoyable than going down.

    And there needs not to be some sort of fake virtue behind it. We simply do it because it is enjoyable!

    Even myself, on my quest to lift 1000 kg, maybe 2000 kg and beyond, honestly there’s no rationality behind it. If anything it’s just trying to be clever creative, coming out with new innovative ways to go beyond?

    I’ll give you an example… My number one critical innovation with weightlifting is conquering leverage. 

    So the foolish white people try to lift weights is from the floor. The wise way is doing a rack pull, which is putting the barbell on top of the squat rack or the power rack putting the pins very very high, as close to your hips as possible. And then the very very simple idea is insanely simple, make the range of motion as tiny as humanly possible,… and then, using some dead lift straps, trying to lift the heaviest weight you possibly can. And you gotta think 2X leverage, no more simple 400 pound that lift, go at least for 800 pounds and beyond. Beyond 1000 pounds think 2000 pounds.

    And then the third level of leverage I discovered is, taking some sort of dip belt or weightlifting belt, and attaching it to the center of the barbell, and therefore, while you are doing a rack pull,,, you are also simultaneously using the power of your hips to lift the whole thing?

    A new third layer I am considering now which is also interesting is, using some sort of mono lift system, in order to simply unwrap the weight, and rather having myself lift the weight, to simply hold it suspended for half a second before releasing it?

    This is an interesting idea because then, the whole concept isn’t necessarily to lift the weight, but simply to sustain the weight for half a second, before releasing? 

    So then this also becomes very innovative because it is no longer weightlifting but weight sustaining?

    weight sustaining

    So I suppose this is the genius of using a weight vest or something, or, look at those strong men or powerlifting competitions, in which they use a mono lift platform to simply release the weight on the shoulders of the weightlifter, and the truth is as long as they could even hold it for half a second, it is virtuous in so far much as, they hold the weight.

    I’ll give you an example, my infamous atlas lift. The first big innovation I did at just a local commercial gym was having this curiosity of like how much I could simply lift off the squat rack with my shoulders. I kept climbing until I did 1000 pounds.

    To illustrate a mono lift system,  imagine a squat rack with hooks on top, which suspend the weight on top, and then the weightlifter enters it, and then two individuals on each side unhooked the thing, to give the weightlifter space.

    And the number doesn’t really matter, and to those who think this is kind of a gimmick… Thought experiment, if you had a human being hold 100,000 pounds on their shoulders even for half a second and not collapse, certainly, consider how strong this human needs to be. Very strong.

    Strength for the sake of what

    The truth is the reason why strength is your destiny and your moral imperative is because more strength more audacity more ambition, more life more joy, more overcoming, more becoming.

    And also assuming you’re a man, this all equates to more testosterone. Testosterone, naturally produced by eating beef liver, sleeping 8 to 12 hours a night, extreme weightlifting, climbing, is your destiny.

    ERIC


    Now what

    The most sublime essays of all time?

    So for myself, one of my supreme joys, my sublime joys is to harness my energy my power in order to craft and forge insanely epic essays?

    more to come!

    ERIC


    ERIC KIM BLOG >


  • Ambition.

    So the glorious thought of today’s day is about ambition. And forever climbing.

    The virtue

    I suppose the first thought is, ambition is a virtue. I think for a lot of life and time, we have always been brainwashed into thinking that somehow, ambition were bad, a vice… essentially acquainting the idea that more ambition you had, the more bad or sinful you were.

    For example in America, there’s kind of a weird thought that somehow… You should just kind of be grateful for what you got, Cedre. Even a lot of the Zen Buddhism that we learn nowadays, is kind of like a mishmash of Christianity Christian values and other stuff.

    For example, we are also taught stuff like cautionary tales like how Napoleon was foolish for wanting to march into Russia, and how the ambition of Napoleon was unwise and foolish.

    Yeah what’s interesting about Napoleon, even though everyone criticizes and critiques him, and even though he “failed” at the end of his life… Assuming he just conquered France, and sat on the throne until he died, certainly he probably would not be satisfied, and would have no longer a desire to live or go on.

    Even myself, at the ripe age of 37, 38… I feel like I’m just kind of getting started. I met my 15-year-old cousin Joy the other day, and my mind was blown, it was almost 10 years ago that Cindy and I got married, a lot has happened in 10 years, but also a lot hasn’t happened. And I suppose then, the optimistic thought is thinking about the next 10, 20 years moving forward?

    Amazon

    OK sorry I’d like to think the Amazon Jeff Bezos is evil whatever, but my honest appraisal is, Amazon is phenomenal. It is truly the everything store in a good way.

    I’ll give you an example… I just gifted my 15-year-old cousin Joy my old LUMIX G9 and lens, and I realize she actually needed an SD card adapter for her phone or her laptop, and so I gave her my only USBC, SD card adapter. And then I just had to order myself a new one, I got the really really tiny one by ANKER, and it was so easy and seamless, instantly delivered to me, via Amazon prime, essentially overnight.

    Also some random stuff, Amazon Prime Video, and I guess now Amazon autos… And I suppose the question is, whether people think it’s going to be successful or not, is less of a concern to me, but more… The grand ambition behind it all?

    If anything, maybe at this point we should just rate the grandeur and the greatness of a man based on his level of ambition.

    So in some ways… Seeing Amazon continue to expand, is kind of a good sign  showing that the spirit of Jeff Bezos lives on, because baked into the DNA cultural DNA of Amazon was a growth mindset.

    For you

    It’s kind of incredible what a single human being a single 40 MHz flesh battery can achieve.

    I think a lot of people like to use Elon Musk as an example, and it is true. He is just a single man, and anyone who demonizes him is secretly in love with him. My honest take is, hate is just love on steroids.

    War of my honest thought is, honestly moving forward, a bigger thing that people often do is indifferent; if you are indifferent about something or somebody, that is like 99.9% of the world. In fact, to be hated is probably the greatest compliment or the greatest sign of success because once again it is a strong signal that you’re actually interesting enough or famous enough for successful enough to be hated on in the first place.

    Therefore, the goal isn’t to be afraid of being hated on, the better goal is instead… Striving to become grand enough, to even be hated on in the first place?

    #humansonly

    I had a very funny thought during hot yoga for a startup idea. The general idea I have is, trying to create some sort of social media platform or platform or something in which only humans are allowed on it?

    The very very simple way to solve the whole butt issue, is bitcoin and Satoshi’s. The general idea is, if you want to register account you just pay a nominal fee in bitcoin or Satoshi’s, like five bucks or 10 bucks or whatever, and I suppose the upside is the friction of it is a good thing because, it just prevents bots from swarming the platform.

    Like I’ll get example, all these teenyboppers, are still on Instagram and I suppose TikTok or whatever, but if I waved a magical wand and showed to you and proved to you that in fact, 100% of your followers were just bought, not real human beings, would this change your opinion of it? Of course!

    And then it just makes me think, and consider… What is it that everyone wants? Certainly some sort of social approval.

    And also… Even one thing that I’ve been enjoying about going to hot yoga with Cindy is the social aspect. Like all the fun teachers and the people I get to meet, the other day we did a barre class, and honestly it was just kind of like a big dance studio. Really fun!

    Social humans

    So once again, I think a lot of this comes down too… People just want to be happy Social, together.

    And I think this is why, a lot of people are very very happy, when they are traveling in Asia southeast Asia etc. Because I think the number one issue that Americans have is that they are so lonely?

    I mean think about it, when you see people on social media, or watching television, there are always human beings on that platform. So in some ways it is like augmented, crowdsourcing, or outsourcing loneliness or sociality?

    Even when you watch cartoons or other stuff, it is almost always some sort of like human like thing?  even with avatar, all these furry creatures are essentially humanoid things.

    So what’s the answer

    I think the deep truth is all humans seek some sort of approval, dominance, hierarchy. We want to show off in front of others, to be admired.

    And once again I don’t know why this is seen as such a bad thing. I think there are some virtuous forms of competition, and there are some also forms of superficial competition. I suppose the wisdom is separating the two.

    Open source competition

    So I suppose this is kind of the good idea,

    So the reason why I think all organized sports are mostly bad is because it is a closed source form of competition. For example, the NBA basketball, I feel bad for Michael Jordan because after all of his success, he seems to just be a depressed alcoholic. And what’s the issue? He had to retire. Why? It seems that there is just a simple point in which, you can no longer perform?

    And I suppose the issue is once again, you are still dependent on the NBA, this closed source advertising platform, and you do not own the franchise or the platform.

    And this is why sooner or later all entrepreneurs on any sort of social media platform will fail. Even someone as great as Casey Neistat,,, as long as they are dependent on YouTube, you’re kind of screwed.

    I’ll give you an example, let us say you have 100 trillion followers on YouTube or TikTok or Instagram or whatever, and then one day you accidentally post something that triggers the algorithm to say that your platform is violating some sort of rule. And let us say that randomly your account gets suspended, deleted, banned. And now that there are no more human operators who approve or reapprove the whole process, it might take months or years for your account to be reactivated if ever.

    So once again it’s almost like you have your balls in a vice. Which trains you to simply appeal to the masses, like maximizing your popularity while trying to minimize the downside of controversy?

    So then what

    The open source Internet, your website, wordpress.org, is still the way.

    OK and a big thing… No more Bluehost.com –> I once advertise them for a long time, but after creating a series of websites and getting them banned for some arbitrary reason, no more. Ionos.com is superior.

    the sky is the limit

    I often see planes and Boeing 747’s flying over me and it is always such a happy side cuts, assuming that you’re some sort of airplane, there is no thing holding you back, no LA traffic no 405, no local traffic.

    I suppose that’s also the grand Joy of walking hiking riding a bike, you’re not stuck in some sort of lane and traffic, which gives you more autonomy to move around as you will.

    Open source capital

    I think I’m starting to pick up heat.

    In terms of a hierarchy, what is more important than money?. Generally the idea is, everyone wants money but the truth is, money is actually not that important or as important as you may think it is. What is actually far more important is capital.

    What’s the difference? Money is like having a bunch of ones and zeros and commas in your checking account, capital is like owning 10 square blocks of downtown Manhattan fifth Avenue. Or owning commercial property in Gangnam South Korea.

    I have a family friend whose family was very intelligent, and owned some commercial real estate in Gangnam South Korea, and essentially you got a Starbucks built on it, and now they’re super rich. Certainly not happy they’re just like a lot more stressed if anything, but still, they’re not eating foot to mouth. 

    Takeoff!

    Thrust, takeoff, rocket ships.

    I suppose, the reason why kid like rocket ships, spaceships or whatever, is like this mind blowing joy of breaking free from the crutches of gravity, and being able to ascend a new level?

    And actually, I think this is the joy of climbing. For example if you do rock climbing hiking or whatever, or even bicycling… To climb the hill to climb the mountain is actually more enjoyable than going down.

    And there needs not to be some sort of fake virtue behind it. We simply do it because it is enjoyable!

    Even myself, on my quest to lift 1000 kg, maybe 2000 kg and beyond, honestly there’s no rationality behind it. If anything it’s just trying to be clever creative, coming out with new innovative ways to go beyond?

    I’ll give you an example… My number one critical innovation with weightlifting is conquering leverage. 

    So the foolish white people try to lift weights is from the floor. The wise way is doing a rack pull, which is putting the barbell on top of the squat rack or the power rack putting the pins very very high, as close to your hips as possible. And then the very very simple idea is insanely simple, make the range of motion as tiny as humanly possible,… and then, using some dead lift straps, trying to lift the heaviest weight you possibly can. And you gotta think 2X leverage, no more simple 400 pound that lift, go at least for 800 pounds and beyond. Beyond 1000 pounds think 2000 pounds.

    And then the third level of leverage I discovered is, taking some sort of dip belt or weightlifting belt, and attaching it to the center of the barbell, and therefore, while you are doing a rack pull,,, you are also simultaneously using the power of your hips to lift the whole thing?

    A new third layer I am considering now which is also interesting is, using some sort of mono lift system, in order to simply unwrap the weight, and rather having myself lift the weight, to simply hold it suspended for half a second before releasing it?

    This is an interesting idea because then, the whole concept isn’t necessarily to lift the weight, but simply to sustain the weight for half a second, before releasing? 

    So then this also becomes very innovative because it is no longer weightlifting but weight sustaining?

    weight sustaining

    So I suppose this is the genius of using a weight vest or something, or, look at those strong men or powerlifting competitions, in which they use a mono lift platform to simply release the weight on the shoulders of the weightlifter, and the truth is as long as they could even hold it for half a second, it is virtuous in so far much as, they hold the weight.

    I’ll give you an example, my infamous atlas lift. The first big innovation I did at just a local commercial gym was having this curiosity of like how much I could simply lift off the squat rack with my shoulders. I kept climbing until I did 1000 pounds.

    To illustrate a mono lift system,  imagine a squat rack with hooks on top, which suspend the weight on top, and then the weightlifter enters it, and then two individuals on each side unhooked the thing, to give the weightlifter space.

    And the number doesn’t really matter, and to those who think this is kind of a gimmick… Thought experiment, if you had a human being hold 100,000 pounds on their shoulders even for half a second and not collapse, certainly, consider how strong this human needs to be. Very strong.

    Strength for the sake of what

    The truth is the reason why strength is your destiny and your moral imperative is because more strength more audacity more ambition, more life more joy, more overcoming, more becoming.