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So something which is super interesting and important to me is ethics. And honestly it is something that is so elusive because there is no codified hard set rules of ethics which applied to everybody, for eternity.

Also, I think is super interesting because I actually tired in ethics with certain moralistic imperative; I sent you when it comes down to it… Your personal ethics your ethos of things dictates almost everything.

I’m almost starting to think instead… Rather than thinking about goals, veteran instead to think about ethics and ethos and your imperatives and philosophies behind things.

The ethics of Bitcoin & money

Is bitcoin actually the most virtuous money?

So what is super interesting to me is that from a philosophical perspective, if you invoke the Austrian economics, like Karl Menger and the like .,, Property, what is property?

Property is something that you own, that belongs to you, which legally that nobody could seize against your own will.

So for example, I can own a watch, a camera, a car whatever… Legally nobody could just come up to me and steal it from me without any sort of negative repercussion.

Taxes?

Cindy’s mom and my brother-in-law Gabe both said it; when your own property, like real estate or whatever… Assuming there is a tax rate which is above 0%, that means that you don’t really “own “the property… You just borrowing it or renting it from the government.

Because this issue is with taxes, in theory, that is money that you’ll never see touch or witness, and it is essentially like you’re bleeding capital.

So for example, I was shocked, doing the math on even a $1.6 million home, I had a very low interest rate, you’re still bleeding around $1800 a month … close to $2000 a month, essentially money that is just going into thin air and vapor?

Even if you’re a savvy investor like myself, my personal thought is I would prefer to take that $2000 a month and just buy bitcoin instead, which is gonna go to $13 million or $22 million a bitcoin. 

Homes

OK so currently… This is my thought:

Single family home or nothing.

I think the fragile position to be in is only a condo because the price of him might slightly go up, but… It might not even be able to keep in pace or up to pace with inflation. What that means is let us say you buy a condo for $1 million, and you sell it a deck for $1.2 million, you might’ve thought that you realized a $200,000 gain but you did not, because of inflation, you might’ve actually lost money?

Another thing… Even owning a single-family home, property whatever, once again if you factor in property taxes and stuff, you’re not really making money.

So I heard that is to own a single-family home is kind of more of like a trophy acid like bragging rights for owning a Ferrari or Lamborghini whatever.

I suppose the nuance in difference is you could actually live in the thing, the single-family home. And you could brag to all your millennial friends that you own a single-family home.

I think where the calculus gets a little bit confusing is assuming that you’re married you have a wife and kids or more kids on the way etc. So then the home becomes a symbolic thing. But for me still… My hard school of thought is that a home is not an investment, it is just somewhere where you live.

And essentially, once again, just do the math, assuming that bitcoin is currently around $65,000 of bitcoin and is going up to 13 million, there is at least a 200X potential gain in front of you.

So let us say that your down payment is $300,000 or whatever, that is $60M. So the question is… Are you willing to sacrifice $60 million for the potential upside of buying a certain house you like? For you and your family?

Decisions

I think your life, the wise thing to think about, is that decisions, nothing is ever forever, nor should anything before ever, and even from a Zen and Taoist principal, nothing ever remains the same even if you want it to.

Also, your ethics change. Your ethical framework as a two-year-old versus 12-year-old versus high schooler versus college student versus 36 year old man with a kid is going to be different. Your ethics and morality as a degenerate single person is going to be different than your ethics and your morality once you have a kid. Or several.

Or your ethics before getting married and after getting married.

Where philosophers fail

It really really big problem is a lot of these philosophers try to create some sort of ultimate at the cold framework which can never be changed or modified. They strive in vain for 30 years, seeking some sort of ultimate truth of everything, which could last 1000 years or whatever. If you think about it then, this is what religion is. The religion of Mohammad, Saint Paul, the religion of Judea – these religions have lasted for thousands of years. So I guess the founders did a good job.

Endowments for private schools like Harvard or Yale; their endowments last forever. So it looks like they’re doing something right.

---

The ethics of smoking

So for this conversation I’m just going to talk about secondhand smoke.

So some critical issues here; the ethics.

First, I think smoking cigarettes in a public space which is not your house, in which your secondhand could fuck up the lungs of other people, especially for people like myself with sensitive lungs, is unethical.

First, legally it might be allowed, but ethically, it is not.

The first rule is first do no harm onto others. If you are on a sidewalk, and you have a certain walking path every single morning, and there’s always somebody smoking on that path, and they don’t know it, but there’s secondhand smoke goes down half a block, And it attacks your lungs, they are doing harm on you, whether you know it or not.

So it is unethical.

Ident suppose, what can and what should you do about it?

For example I met a dude named Scott, who is always smoking this one spot in Culver City, wearing his red vest, he claims he works there but he looks homeless and dirty? Not sure I talked with him, and he seemed kind of normal, but slightly a little weird? Anyways, I asked him nicely to not smoke there on the main street because it gets into my lungs whatever, but then he told me to not walk on the sidewalk. Or to walk on the other side?

Or he told me to keep walking?

First, I think the major issue here is repeated exposure. Maybe if I was in Venice Beach or whatever, in which I’ll never see the person again this is different, but because I see him almost every single day or every other day, this is very annoying and upsetting to me.

So obviously the first idea is to have a conversation with him. He had the audacity to tell me “If you don’t like it keep walking”. 

So some several issues here.

First, once again, no I will not keep walking. Because the issue is the regularity and the continued exposure. Once again if you’re in Santa Monica, and you see a homeless guy smoking a cigarette, or looking like he is cracked out, often in that situation the best strategy is don’t engage with crazy drugged out homeless people.

However, if the person looks like an irrational human being, mentally there, then isn’t having an intelligent conversation with somebody worth it?

Second I guess the big thing is I always saw it and I pointed out to him, that there’s literally a sign there that says no smoking. Like the big cigarette icon with the big red circle and the strike through it. I pointed out to him and he said that “oh, I never saw that.”

I also suppose there’s a difference, if the person is homeless or a squatter versus they actually work there?

Legality?

Then at this point, let’s assume that is private property, but the property owner put a do not smoke sign out. Then according to the rules of the private property, you can and should enforce it. Is that what you do is you talk to Security, or you called the property manager etc. And you report them.

But let us say that it is a more of a grey zone; like they are smoking a cigarette kind of close to a restaurant which is actually illegal in Los Angeles and most of California I believe. In this case, what do you do, call the cops on the person?

Or… Let us say that you approach somebody and you try to talk to them rationally, and then they threaten you with some sort of physical violence, or they do physically assault you? Then I suppose what you could do is bust out your iPhone camera, Start recording them, and then you could get them arrested?

I suppose the only thing you don’t want to get done to you is to get stabbed or shot with a gun, you don’t want to die.

I mean I suppose for myself, I could take a hit or an injury, I just don’t want to die.

So maybe, just be careful if you think they might have a gun?

---

Not being a pushover

So I think the problem with most people nowadays, especially people my age the millennial generation I was born in 1988, we are a very non-confrontational generation. And honestly most people are.

The first thing is don’t let nobody push you around, don’t be a pushover. If there’s something you don’t like you had to speak up, and it is a good idea to make a fuss out of it even bit may seem trivial.

So for me, the only thing I really hit on the planet is cigarette smoke, secondhand smoke. Especially having a father who was a heavy smoker, I hate the smell of secondhand cigarette more than the devil.

And also, a big issue here is that I have a kid now, and me and Seneca often walk down that street and we smelled the secondhand smoke. So once again, you’re not just standing up for yourself but for your kid.

I think the tricky thing with ethics is we should not invoke children because if you’re talking about kids you’re just kind of blaming them. Or you’re putting them in the crossfire. You should never make your kid apologize for nothing, it is your role as the guardian, The father to essentially have a spine and not be a pussy.

What is a hero?

I Also suppose the issue at hand is  things that upset you, versus things that could actually damage your harm others, whether it be your family, your kid, your kids etc.?

I think the first practical thought is not to be a social justice warrior for all of society, this is too fake. First just protect your wife and your kid, the most difficult thing.

Then after that your clan, your best friends, your squad.

Treat others you would like to be treated?

The golden rule, treating other people that way you would like to be treated, not perfect but still kind of a good rule. 

---

So, is a goal a good idea, or is it not?

---

My personal thought right now is goals are not the path. Instead, I prefer the idea of principles, thoughts, patterns, or general values.

So I’ve had random goals in my life and I’ve hit all of them, financial personal fame etc.

And also… And weightlifting, lifting the mythical 1000 pounds.

Now, my personal thought is trying to focus on more important things like for example, deeper thoughts, deeper philosophies etc.

And also, trying to pioneer new ideas that are hugely practical and pragmatic, which could help other people. And obviously thinking through things to help myself. 

So currently, a huge thought on my mind is financial, living, lifestyle etc.

So for example, I think a lot of people, maybe around my age, I’m 36 years old, born in 1988; a lot of people are into trying to buy a house or something? Not sure?

So I think and wonder, I think the big question about buying a house, buying your property, single-family home etc.

---

Financial leverage?

So the first critical thought to consider is financial leverage.

So I think the number one critical thing is the interest rate. And also the philosophy of interest.

So obviously everyone needs somewhere to live, but if you need to live somewhere you could just rent. So the question is what is the purpose of purchasing a home, especially if you need to buy it not all in cash?

100% cash offer?

So then the big question at hand is should you buy a house if you have to mortgage it or borrow money from the bank?

So there are all these really really sophisticated financial instruments, remortgaging your house, refinancing it or whatever… And somehow being able to draw equity from it?

I have no idea how this works, but still, my general gut feeling is that having to deal or mess with anything in the physical realm seems like a losing bet.

Why? First, the critical issue here is that you’re playing with the laws of physics gravity and time. Which is a very very fragile position to be in because boom, your roof goes out, the foundation of your home is in disrepair, you could easily be out $100,000 or $200,000 without blinking.

The idea?

The difference between a man and a woman–

 I think women seek to buy a home and own a home as a conduit for safety security etc. A man might want to buy a house as a gesture of supporting and providing for the family, etc.

And or, maybe if you want to be a man in the high castle, do you want to build yourself a fortress?

But if you think of yourself like Achilles… And you think about the Greece versus Trojans, you don’t want to have a choice you essentially create a prison for yourself.

I think actually what we want is power, domination.

Is it that Achilles wanted? And what he cared for? Briesis his “rightful” prize, so, an unintended side consequence, getting revenge for his best friend Patroclus by avenging his death by killing Hector.

My personal read is actually… Achilles, all he cared for is actually the lust for battle.  Seems this is when Achilles is at his finest; she is a warrior demigod, a mean green killing machine. 

Maybe happiness is not the goal?

Aristotle says all men to be happy, and it is one good that people seek for the sake in itself.

I beg to differ, I think a little different; maybe what we really do desire instead, is the lust for battle, domination, and conquering?

For example what is it that Alexander the great wanted to do? To essentially conquer the known modern world. What does America want? The same. 

“Defense”

Apparently there are all these laws that we have the legal right to self-defense, but nobody has the legal right of offense.

And also where things get tricky is if let us say that you have a gun and somebody else might or might not have a gun, and you’re afraid of your life in danger or your kids life in danger whatever… And you shoot first, in preemptive self-defense, and then boom you found out that the other guy Was just trying to reach for a cigarette or whatever, then what?

I think things are very very tricky if it has to deal with the life of your child, or as a conduit, your life as it means to protect your child?

So for example, I have zero interest in performing fake bravado and getting shot by some skinny fat loser with a beard, and dying to try to act tough, because if this is the case Seneca will not have a father.

So I think you’re very important thing to think about and consider is you’re not just thinking about your own life, but, also, the future life of your son, your daughter, your kids, or even potentially your future kids?

so what is it here we really want?

I think in America, there is a notion of security. Of settling down, stability etc.

But is this a good goal?

Once again, it all depends on who you are, your value ethics and morality etc.

So for example, considering that I love powerlifting, one Max lifting, my notion of safety is different than the over generalized notion of safety for somebody else.

For example, maybe somebody who is more of a boring person, might like to do things more of a bodybuilding style, like doing predictable repetitions, sets, using the loser cable machine etc. And their goal is more towards developing a look and physique, rather than building their courage, strength, power and dominance.

And this is why, at the end of the day… The biggest dick in the room will always be the guy who could lift the most.

So for example, if you’re at the gym, which is the modern day arena, if you could lift 1000 pounds, your dick is 1 trillion times bigger than the guy with the big chest, who could only bench press 325 pounds or something.

I think once again, the truth of the matter is when you’re at the gym, everyone is trying to be the biggest dick in the room. And I think that is fine; everyone tries to seek it a different way. 

For example some people end up being the weird calisthenics or weird mobility people because they think that it makes them feel dominant, others tried to do it with muscular size and steroids, other guys try to do it with increasing their one rep max number also taking steroids.

So here… To compete with other random strangers in the gym or the world is a bad idea because if that is your ultimate goal, you’re probably sooner or later going to take steroids or something.

Also this is where I trust zero professional sports, even the regulated ones in the Olympic; if you want to win and get the goal… You’re going to take steroids or other weird drugs, to give you an edge.

Same goes with actors, actresses etc.… The whole industry is not good because it’s see extreme novelty and weirdness; women will end up doing strange plastic surgery and augmentation surgery, men will also be taking steroids other stuff to get the great on camera physique.

Like let us consider… If there is a scene in the superhero movie in which you’re taking off your shirt, obviously you want to look like a superhero, like a god. That shot might only be like 10 seconds, but it is whatever everyone is going to be talking about in the next 10 years. So obviously from this perspective, the optimal strategy to take steroids, and promise that you won’t ever do it again later. 

What does this happen? Obviously not. 

Leg thoughts

I have this simple idea of a never sitting lifestyle. You’re never sitting in a chair, on the couch, or in a car, doesn’t matter if you have a Rolls-Royce or whatever.

So what is super interesting is that now, I have the 60 pound weight vest, which has totally changed my life. Every single morning without fail, I always put it on, and do my morning walks with it. Within a very very short period of time, it has improved my Physiology 1 trillion fold; my posture is superior, I stand up straighter, I’m just far stronger more handsome, more glorious!

And, the biggest benefit is that what I’m sitting down, with it… I realize, how poor sitting is for you.

People say that sitting is the new smoking, I think maybe instead… Sitting is the new Poison?

Why sitting is toxic for you 

First, there is actually no physiological reason why you need to sit, unless you’re crippled in a wheelchair.

For example, there is no reason why you can’t use a standing desk, if you’re tired, your legs are tired whatever, instead of trying to self yourself to keep working and be productive, the easiest thing is to just lie down on your back and take a nap!

And also… Even taking it a step further, there’s no real reason you need to even stand at a desk anymore, the idea is to just have an iPad Pro, and walk around while you’re doing your work! You could even have an iPhone or iPhone Pro, and ideally just do all of your walking outside while you take meetings or do work related things?

Even if you have to send an email for a living, or take phone calls for a living, the ideal would just to just maybe have AirPods on, to just walk around nature and do your meetings on your phone? And do your emails just doing voice dictation, in nature or on a hike?

ANTI OFFICE MINDSET

It is the year 2024, I don’t understand it… Why are corporations and companies, especially the big tech ones, still forcing their employees to have to come into the office, even once a week or something?

The only reasonable explanation is some sort of Panopticon monitoring Security thing; you’re fearful that your employees are getting lazy and unproductive, slacking off at home, therefore you force him to go into the office, to assert your domination and power over them.

Ethical imperatives?

The philosophy of goals:

So, is a goal a good idea, or is it not?

My personal thought right now is goals are not the path. Instead, I prefer the idea of principles, thoughts, patterns, or general values.

So I’ve had random goals in my life and I’ve hit all of them, financial personal fame etc.

And also… And weightlifting, lifting the mythical 1000 pounds.

Now, my personal thought is trying to focus on more important things like for example, deeper thoughts, deeper philosophies etc.

And also, trying to pioneer new ideas that are hugely practical and pragmatic, which could help other people. And obviously thinking through things to help myself. 

So currently, a huge thought on my mind is financial, living, lifestyle etc.

So for example, I think a lot of people, maybe around my age, I’m 36 years old, born in 1988; a lot of people are into trying to buy a house or something? Not sure?

So I think and wonder, I think the big question about buying a house, buying your property, single-family home etc.

---

Financial leverage?

So the first critical thought to consider is financial leverage.

So I think the number one critical thing is the interest rate. And also the philosophy of interest.

So obviously everyone needs somewhere to live, but if you need to live somewhere you could just rent. So the question is what is the purpose of purchasing a home, especially if you need to buy it not all in cash?

100% cash offer?

So then the big question at hand is should you buy a house if you have to mortgage it or borrow money from the bank?

So there are all these really really sophisticated financial instruments, remortgaging your house, refinancing it or whatever… And somehow being able to draw equity from it?

I have no idea how this works, but still, my general gut feeling is that having to deal or mess with anything in the physical realm seems like a losing bet.

Why? First, the critical issue here is that you’re playing with the laws of physics gravity and time. Which is a very very fragile position to be in because boom, your roof goes out, the foundation of your home is in disrepair, you could easily be out $100,000 or $200,000 without blinking.

The idea?

The difference between a man and a woman–

 I think women seek to buy a home and own a home as a conduit for safety security etc. A man might want to buy a house as a gesture of supporting and providing for the family, etc.

And or, maybe if you want to be a man in the high castle, do you want to build yourself a fortress?

But if you think of yourself like Achilles… And you think about the Greece versus Trojans, you don’t want to have a choice you essentially create a prison for yourself.

I think actually what we want is power, domination.

Is it that Achilles wanted? And what he cared for? Briesis his “rightful” prize, so, an unintended side consequence, getting revenge for his best friend Patroclus by avenging his death by killing Hector.

My personal read is actually… Achilles, all he cared for is actually the lust for battle.  Seems this is when Achilles is at his finest; she is a warrior demigod, a mean green killing machine. 

Maybe happiness is not the goal?

Aristotle says all men to be happy, and it is one good that people seek for the sake in itself.

I beg to differ, I think a little different; maybe what we really do desire instead, is the lust for battle, domination, and conquering?

For example what is it that Alexander the great wanted to do? To essentially conquer the known modern world. What does America want? The same. 

“Defense”

Apparently there are all these laws that we have the legal right to self-defense, but nobody has the legal right of offense.

And also where things get tricky is if let us say that you have a gun and somebody else might or might not have a gun, and you’re afraid of your life in danger or your kids life in danger whatever… And you shoot first, in preemptive self-defense, and then boom you found out that the other guy Was just trying to reach for a cigarette or whatever, then what?

I think things are very very tricky if it has to deal with the life of your child, or as a conduit, your life as it means to protect your child?

So for example, I have zero interest in performing fake bravado and getting shot by some skinny fat loser with a beard, and dying to try to act tough, because if this is the case Seneca will not have a father.

So I think you’re very important thing to think about and consider is you’re not just thinking about your own life, but, also, the future life of your son, your daughter, your kids, or even potentially your future kids?

so what is it here we really want?

I think in America, there is a notion of security. Of settling down, stability etc.

But is this a good goal?

Once again, it all depends on who you are, your value ethics and morality etc.

So for example, considering that I love powerlifting, one Max lifting, my notion of safety is different than the over generalized notion of safety for somebody else.

For example, maybe somebody who is more of a boring person, might like to do things more of a bodybuilding style, like doing predictable repetitions, sets, using the loser cable machine etc. And their goal is more towards developing a look and physique, rather than building their courage, strength, power and dominance.

And this is why, at the end of the day… The biggest dick in the room will always be the guy who could lift the most.

So for example, if you’re at the gym, which is the modern day arena, if you could lift 1000 pounds, your dick is 1 trillion times bigger than the guy with the big chest, who could only bench press 325 pounds or something.

I think once again, the truth of the matter is when you’re at the gym, everyone is trying to be the biggest dick in the room. And I think that is fine; everyone tries to seek it a different way. 

For example some people end up being the weird calisthenics or weird mobility people because they think that it makes them feel dominant, others tried to do it with muscular size and steroids, other guys try to do it with increasing their one rep max number also taking steroids.

So here… To compete with other random strangers in the gym or the world is a bad idea because if that is your ultimate goal, you’re probably sooner or later going to take steroids or something.

Also this is where I trust zero professional sports, even the regulated ones in the Olympic; if you want to win and get the goal… You’re going to take steroids or other weird drugs, to give you an edge.

Same goes with actors, actresses etc.… The whole industry is not good because it’s see extreme novelty and weirdness; women will end up doing strange plastic surgery and augmentation surgery, men will also be taking steroids other stuff to get the great on camera physique.

Like let us consider… If there is a scene in the superhero movie in which you’re taking off your shirt, obviously you want to look like a superhero, like a god. That shot might only be like 10 seconds, but it is whatever everyone is going to be talking about in the next 10 years. So obviously from this perspective, the optimal strategy to take steroids, and promise that you won’t ever do it again later. 

What does this happen? Obviously not. 

Leg thoughts

I have this simple idea of a never sitting lifestyle. You’re never sitting in a chair, on the couch, or in a car, doesn’t matter if you have a Rolls-Royce or whatever.

So what is super interesting is that now, I have the 60 pound weight vest, which has totally changed my life. Every single morning without fail, I always put it on, and do my morning walks with it. Within a very very short period of time, it has improved my Physiology 1 trillion fold; my posture is superior, I stand up straighter, I’m just far stronger more handsome, more glorious!

And, the biggest benefit is that what I’m sitting down, with it… I realize, how poor sitting is for you.

People say that sitting is the new smoking, I think maybe instead… Sitting is the new Poison?

Why sitting is toxic for you 

First, there is actually no physiological reason why you need to sit, unless you’re crippled in a wheelchair.

For example, there is no reason why you can’t use a standing desk, if you’re tired, your legs are tired whatever, instead of trying to self yourself to keep working and be productive, the easiest thing is to just lie down on your back and take a nap!

And also… Even taking it a step further, there’s no real reason you need to even stand at a desk anymore, the idea is to just have an iPad Pro, and walk around while you’re doing your work! You could even have an iPhone or iPhone Pro, and ideally just do all of your walking outside while you take meetings or do work related things?

Even if you have to send an email for a living, or take phone calls for a living, the ideal would just to just maybe have AirPods on, to just walk around nature and do your meetings on your phone? And do your emails just doing voice dictation, in nature or on a hike?

ANTI OFFICE MINDSET

It is the year 2024, I don’t understand it… Why are corporations and companies, especially the big tech ones, still forcing their employees to have to come into the office, even once a week or something?

The only reasonable explanation is some sort of Panopticon monitoring Security thing; you’re fearful that your employees are getting lazy and unproductive, slacking off at home, therefore you force him to go into the office, to assert your domination and power over them.

Brave New World of digital capital,

So it looks like microstrategy, MSTR stock is gonna hit $300 this year soon; earnings report incoming October 30th.

And some big news, the FASB.org financial accounting standards board, they updated their accounting standards to include bitcoin and crypto,  which is an insanely big deal because starting January 2025, essentially companies corporations like Apple can start to add bitcoin to their balance sheet, being able to accurately mark their assets and capital in bitcoin, openly transparently, fair accounting.

Anyways, the reason why this is such a big deal is that for a long time, especially thinking about bitcoin pizza day, in which a guy bought two medium sized Domino’s pizzas with about 100,000 bitcoins, maybe worth about $200 million today, back when it was worth nothing, round 2009, my junior year of college.

Anyways, back in the day actually whether it was our sophomore or junior year, I still will never forget how my roommate Kevin told me that we should’ve bought some bitcoins, like 100 or so, Windows trading for pennies. At first I dismissed him saying that it would be a scam;

In the past I regretted this, but now… No, I am even more convinced. 100% of my assets into bitcoin, the first and true digital capital, this is like the early days of the Internet!

And also, for Roth IRA, IRA and retirement, the traditional market, literally micro strategies only safe to invest in; my critical thinking and understanding is there is too many risk factors for all these other corporations, even Apple, which seems like the safest bet, it might be the other and only “safe” Investment out there which will last 30 years, but my bearish view is that within 30 years, Apple might be bleeding and dying a slow slow death.

In fact, my unorthodox view is that actually, not investing in bitcoin is the risky idea?

Excitement optimism and joy! 

A random thought this morning was actually, maybe investing in apple is actually the unethical thing to do; think about all the mainland Chinese workers that fox con exploits, and as long as mainland China is doing acts of genocide all around the planet, and Apple is OK with that… Because Fox con should also be understood as essentially just another puppet or arm of the mainland Chinese corporation government, then, in theory to invest in Apple is to low-key accept all the human rights violations that mainland China does around the globe.

Everyone loves to talk about how climate change is so bad, racism is so bad, eating animals is bad blah blah blah, but yet nobody talks about how mainland China, is committing genocide all around the planet? And everybody knows it; and yet everyone still feels OK buying new iPhones?

Once again, if you are some sort of plant-based, anti-meat eating, pro environment person, yet you have an Instagram a Snapchat a Facebook a YouTube a TikTok whatever… No, this is not ethical.

why bitcoin is ethical.

To anybody who says that bitcoin is bad for the environment or the planet blah blah blah, essentially they were suckered by Sam Bankman-Fried and these evil corners, who sent she made air tokens which means fake value out of fakeness.

So, question… Do you think that air conditioning is bad for the planet? How about iPhones? How about the Internet? How about your hybrid Prius, your Tesla car, public transportation?

How about heaters?

How about washers and dryers?

So washers and dryers and air conditioning currently wastes about 20% of the world’s electricity – do you think the trade-off is worth it? If you have ever lived in Southeast Asia, Texas and the like, obviously!

What is commonly misunderstood about bitcoin is that it actually might be the most ethical energy use; actually, the economics of bitcoin mining is that it actually makes more sense to invest in energy efficient bitcoin mining rigs, near stranded energy sources like ideally building it at the edges of the grid, next to hydroelectric power plants etc.

What is actually very very interesting is that once you create a bitcoin, it lasts forever! The maintenance cost of bitcoin is practically 0%; whereas even gold, the world second best asset, bleeds at around 2% a year; which means that in about 60 years your value goes down by half.

Economic immortality?

So everyone is trying to become immortal in Silicon Valley or whatever… But instead, maybe what if economic immortality were more interesting?

This means, building up a war chest for your kids kids kids. So when your kids kids kids have kids they will be able to do great things on the planet!

No no no, the world is not going to melt. Ignore Al Gore and all these fake fear porn people; who essentially profit off of your fear! This includes Google, who makes more ad revenue The more people click on climate change articles.

Bitcoin is hope, bitcoin is a promise for a more glorious future!

Why do I care? 

For me, considering the fact that I grew up poor, essentially I think of bitcoin like unethical imperative. The idea of saving up money for the future, building up capital for the future, and also my belief in open source; to me… Bitcoin might be the most ethical thing on the planet? That is censorship resistant, open source, and also… A political, which means that America doesn’t need to keep committing war atrocities in order to support the value of the US dollar.

What is interesting is that all of these weird conspiracy theory people in America, the ones that tell you that the Rothschild in these Jewish bank organizations run the planet blah blah blah, that Israel is evil blah blah blah, actually the real bad guy is America, The US government, the American military, which essentially bankrolls Israel.

I think the best way to think about Israel is that essentially it is just like another military outpost for America, to maintain control over the region, kind of like South Korea, to have a strategic position against North Korea mainland China etc.

Koreans, South Korean don’t want to accept or think is that essentially South Korea is a neocolony of America, a new colony of America. As long as American military support South Korea and maintaining the 38th parallel, South Korea is essentially forever indebted to America.

Also let us not forget that Israel, was essentially established, with the guiding hand of America. Without America, Israel as a state would not exist.

So rather than pointing the finger at Israel, which actually does seem that the Prime Minister of Israel has done really terrible things, especially to the Palestinians, Hamas also seems like the bad guys, the innocent people are the civilians women and children. But really really really, the real bad guy is America, and the sad truth is without American military dominance on the planet, the US dollar supremacy would not exist.

Even if you are a liberal Democrat, anti-war; assuming that you have US dollars in your bank account, you have a JP Morgan Chase or Fidelity or Citibank, or Bank of America… assuming that your salary is being paid in US dollars, and let us remember that almost all the currencies on the planet, even the Chinese yuan are essentially pegged to the US dollar,  without the Fed printing more money to pay military contractors for the US defense government, the US dollar would not have any value.

So what is the solution? Super simple buy bitcoin. In theory, buying bitcoin not the US dollar, could help solve violence that destruction and genocide on the planet, and solve at least 50% of the world issues; considering that about 50% of the world’s issues are about money. If you’re from a broken family, or if there has ever been any debt or bankruptcy or credit card debt, or gambling in your family, lot of it is actually embedded in financial issues.

Think first principles

Actually, the best way to think about bitcoin is not to listen to your favorite YouTuber or podcaster, but to think first principles, and going back to the source.

For myself, the most interesting book on economics I have ever read is DELLA MONETA bye the Italian Fernand Galliani, who surprisingly wrote the whole treaty when he was only 21 years old, masquerading as a six-year-old man. Essentially I discovered Galliani via Frederich Nietzsche,  who quotes Galliani all the time; like some of my favorite quotes include from Galliani “better to be a gay monster than a sentimental bore”, or the idea that Eagles fly solo.

Anyways, Galliani talks about money and why it has value; and talk specifically about gold and silver and how in America at the time… The Quakers would actually trade paper money which was considered insane at the time.

To summarize, Galliani said that gold was the most valuable asset and money because it was both beautiful, used for decorations and jewelry, like making your child beautiful by giving them cold jewelry, and also… The fact that it was resistant and robust against the elements, it lasted a long time, and was also rare on the planet difficult to find. And also, how the color in itself is the most beautiful as it shines like the sun. Have a theory the reason why he was like is that in fact, we love this golden yellow color because it simulates the sun and the light, Let us not forget that most of the ancient world they praise the sun God.

But then again Galli mentions wisely how inflation happens and how money is valued, like when the Spanish conquistadors discovered gold in the New World, and brought it back to Europe, the value of gold plummeted because it became less rare. And also in history, there were many places on the planet in which silver was actually more rare than gold, and therefore in some parts of the world silver was actually more prized!

Essentially the moral the story is that money is a man-made concept; and even the notion of capital comes from the notion cap, head, Kaputt, caput– like literally the head of oxen. Even in the Iliad, a hectic comb is the sacrifice of 100 oxen, to appease Zeus and the gods. Even in today’s world, in which an adult oxen could cost you $1000, can you imagine sacrificing 100 oxen to appease the gods?  it’s like almost burning $100,000, to get the gods to not get angry at you; very expensive. Like a single cyber truck!

What’s the point of capital?

There are some simple things, like paying rent and groceries. But beyond this, what is the point of money and capital?

At this point, I’m starting to think of capital and accumulation like the most interesting fun game! 1, trillion times more interesting that any video game out there because it actually has to deal with reality; the problem with all the video games is none of them are actually based in physics or the real world; even professional sports which is essentially a prostitution of the body, is beridden with steroids and drugs and all this bad stuff. The only useful professional sports seems to be the UFC or mixed martial arts, as it might benefit you in a street fight, everything else seems quite useless.

Also a lot of guys were interested, a lot of fools make that analogy that thinking that some sort of chess grandmaster would be a great military strategist, but this is not the case. Because to sacrifice upon is very different than sacrificing the life of a human being. And also… The real world is 1 trillion times more messy than chess, Which has strict rules.

And also in theory… Any skinny fat loser could be really really good at chess, like number one on the planet. But how would he do in a street fight, or player versus player combat? Let us not forget our manly virtues; ultimately… It don’t matter how rich you are or how smart or successful you are, if you do not have physical valor and strength, you got nothing. 

Good role models

I think having a good role model is critical. Like a Steve Jobs, except he is dead now. In fact, Apple today is kind of a former shell of Steve Jobs original vision; now that Jony Ive has left Apple, Apple is like the new Microsoft. There is no more sex in Apple.

Even Elon Musk has a joke that failed Tesla or SpaceX engineers go to Apple; much more difficult to design a self driving car or a spaceship or a rocketship rather than the next mediocre iPhone.

Michael Saylor, also talks about risks of most securities, like a simple one; how do you know that the iPhone 55 pro will be any good or not? And how do you know if one day… Mainly China closes the doors to international traded manufacturing, if Apple no longer can create iPhones in mainland China with Foxconn, then what? Certainly Apple cannot maintain her monopoly profits if she produced iPhones in Nebraska or in the Midwest, maybe Vietnam but even Vietnam is kind of in bed with mainland China, so if overnight, Vietnam closes her borders to America, Apple would be in big trouble.

I wonder if mainland China’s long-term vision is to continue to steal and help her trade secrets with Apple and American corporations like Microsoft and Bill Gates, and then eventually just close her borders to America, and hoping that Huawei could take over the planet? Currently the fact that TikTok is dominating America, maybe her plan is working?

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Back to us

So taking things back to us;

First, it seems the interesting idea here is that maybe we should not worry too much about macro economics, like solving global poverty issues here etc., but just starting with ourselves and our own family. 

The first one I think is that the simplest way to become rich is to just not get poor, which means don’t buy the new iPhone Pro, don’t buy a new car or Tesla, don’t buy a single-family home even if you could afford it, better to rent indefinitely and put your money into bitcoin, which will go out forever without any maintenance costs, whereas I think if you think about investing in a single-family home… It seems like a good investment idea, but because of the mortgage interest rates, assuming that your mortgage is above 0%, you’re essentially bleeding yourself dry, I almost wonder how much of modern day economics is about buying a single family at home and a mortgage, because the banks want to just profit off of this idea?

Once again even if you had a very very low interest rate, even if you’re paying about 2%, sooner or later, the interest itself will kill you. And right now the interest rate is around 7 to 8%; too expensive!

And also once again, even if the asset of your home goes up in value, after the cost of maintenance, fixing your roof and water heater and 1 trillion other things which could break, but that means your acid value goes down infinitely because you bleed yourself dry doing maintenance and renovations etc.

And also, I think a big thing is once you buy a single-family home or even a condo… Every time you come home, you’ll think to yourself, all of the upgrades and maintenance that you have not yet done, that you need to do. Even for me right now, I’ve been putting off changing the oil in my 2010 Prius for over a month, barely finding time to even do that! Whether I do it myself or go to a dude, I don’t think homeownership is right for me, or most millennials because we have no skills for home maintenance?

The best lifestyle is a zero maintenance lifestyle

You don’t want a high maintenance girlfriend wife spouse partner, dog, or negative yielding asset like a Ferrari Lamborghini Porsche etc.

The more maintenance, the worse your life, the more headaches the more stress, the more misery.

I think the sucker of capitalism is that we think that if we purchase these high-yielding stuff, we think we will be happy. But no. If you are happy paying for $1,000 oil changes in your Lamborghini or Ferrari or Porsche 911 GT 3 RS, yes! And I think what I discovered is it doesn’t matter how rich or poor you are; nobody likes to pay for these things.

I think the peel of having a Tesla is you never have to get another oil change again. But then again the issue here is that the battery is not designed to last forever, let alone 30 years.

At least your Toyota Prius might last you 30 years, I don’t think any Tesla or electric car will.

Go long

On a long enough time span, thinking 30 years, things become simple. You don’t need to overthink things too much.

How to make free money

Currently the infinite money hack and trick I discovered is this:

Purchase microstrategy stock with your traditional account, ride it up, and when the value is high, sell the pure profit, and then use that money to purchase bitcoin! And essentially ride it up forever.

Ideally purchase the bitcoin when microstrategy stock is high, and buy bitcoin when it is a bit low.  but either way, the ultimate goal is to acquire as many bitcoins as humanly possible, he or she with the most bitcoin shall win.

Even Michael Saylor revealed in an interview with Maddy Reid, the reporter from New Zealand, that his and micro strategies goal was to acquire the mythical Nakamoto, which is 1 million bitcoins,  the same number of bitcoins in the wallet of Satoshi Nakamoto, the founder of bitcoin. Also what is a big deal is that since Satoshi was born, he has never touched his bitcoins, or moved them. And also what is interesting is that Satoshi disappeared, the immaculate conception of bitcoin.

Also another reason I believe in it is that there was only first one bitcoin version, no version two. This is the reason why I ended up ditching chain-link when they released the second white paper, and also Ethereum is bad because of all the hard forks, And different versions.

Day trader? 

I don’t know if this is just a trend, or somehow… When people ask me what I do for a living, I’ve actually been getting “day trader” a lot.

I suppose in some ways I kind of am because I’m watching bitcoin and micro strategy like a hawk, and I consume every single Michael sailor interview that comes out. I think I have literally watched every single interview he has ever done, from four years ago up until now. And he has been consistent and wise and insightful the whole time; and also what is very meaningful is that the last four years, he has never once advertised his own company, I didn’t even know what MicroStrategy was up until maybe six months ago? 

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