Encumbered, unencumbered?

The right to Bitcoin

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The rights of persons to maintain full lawful control over the bitcoin and other digital assets of those individuals, recognizing that the ability to maintain self custody of private keys is fundamental to the principles of financial sovereignty, privacy, and personal liberty in the digital age.

So this idea is super fascinating to me; life liberty and the pursuit of happiness.

Also, the right to personal sovereignty, privacy and personal liberty.

So I guess the big issue is we don’t have privacy anymore. There are CCTV everywhere, cameras everywhere, trackers on the Internet which follow and track your every move.

Also, assuming you have some sort of credit card thing with points, the way that they give you these points is that you essentially sell or forfeit your purchasing data, although it is anonymized, people could track every single financial move activity and behavior.

No I am not one of those weirdos who over since sensationalize this; ultimately, I don’t really care that much. What I am more interested is in, maybe the concept of digital property, digital property rights.

What is also really fascinating is how bitcoin is global digital capital, digital rights for all all across the planet.

For example, assuming that you live in mainland China and there is capital controls, what that then means is that you cannot take out $1 billion of Chinese yuan out of the country, even if you wanted to. Actually technically the smart strategy for rich me and Chinese person who wants to come to America whatever, is to swap all of their Chinese yuan or whatever for bitcoin, as much as humanly possible, and then just peace out.

The reason why this would be such a good strategy is that the truth is, nobody wants their wealth or their capital to be locked anywhere. For example, even my insane and annoying I remember like six months ago I just wanted to take out like $500 from the ATM at JPMORGAN Chase, and I could not, as the limit was around like 300 bucks? 

And this is the thing which is really really weird to me — so I just want access to my money, why can’t I have access to my own money? 

The Bitcoin Artist 

Kind of a random aside; I like the idea of like being able to kind of clean up the world, either with whiteout tape, or blackout tape, we just met black bitcoin icons etc.

So for example in Culver City and LA in general… My number one annoyance and greed is that there are so many annoying graffiti and ads all over the place.

So first, I just wanna clean up the damn place. I want to get rid of annoying advertisements and stuff, because aesthetically I feel like I have a strong imperative to do so.

Second, why is it so difficult or hard to promote some sort of well-being on the planet?

Bitcoin is healthy

So assuming that like 99% of our problems in life can be attributed to the fact of a poor money supply, then what that then means is that maybe like 99% of our world problems could actually be solved by bitcoin.

For example, financial health. If money is toxic, capital is toxic, assuming that you’re playing in the world of fiat currency, what that then means is that you don’t actually want access to capital because it is like immediately causing you to bleed out economic energy and power.

I actually had a super funny random thoughts; think about like the notion of semen retention and economic power retention.

For example, every time you buy something expensive it is like blowing your load. For example, you lost for that matte black scissor door Lamborghini, and then you go out and buy it, for like $500,000 or something, like you just blown the biggest load of your life. But then the downside of that is after that, you’re like kind of done, and as a consequence, what do you have left to live for?

And actually the truth is, no man in his right mind would ever blow his load immediately before trying to lift 505 kg. Or also, assuming that you’re about to have the big fight, nobody in their right mind would ever ever ever ever even consider for half a second, Rubbing one out real quick before the big fight.

I actually have a thought thoughts on the first one is that you should not blow your load, anytime during the day because that is when your power is peak, that is when you have the most power. You should only ever blow your load in the evening right before you’re about to sleep, like how the ancient Greeks did it.

Example, can imagine Achilles blowing his load and inseminating one of his babes, immediately before the big battle? No!

So why does this matter?

So I think this matter for a lot of reasons.

First, it looks like everyone is sick unwell unhealthy. And not really out of their own fault, but rather, it seems like the bigger issue is that once again, we don’t have healthy instruments to work with.

For example, assume that you live in a society in which literally every single food item is laced and injected with high fructose corn syrup or sugar. Even if you want to lose fat and get a six pack and become strong healthy and happy, you cannot. Why? If everything has sugar added to it, even if you are the world‘s most diligent exerciser and individual, you can’t do nothing! And as a consequence once again, you cannot blame an individual agent or individual for becoming fat or sick or unhealthy, if in fact the things that you are consuming and using or in fact, Giving you type two diabetes, maybe the current US dollar and monetary supply is like a metaphorical type two diabetes for Americans.

Why do I care?

So the trillion dollar question is like… Why do I care?

First, once again, my moral and ethical imperative, growing up poor, having a dad who is addicted to gambling away the rent money, seeing my mom go through bankruptcy twice etc., almost homeless like four or five times, certainly gave me some sort of real life and real world education about economics.

And I think this is where people fail— they have never really really really really really seen people go through financial distress, financial duress, they’ve never really witnessed it, nor did they really understand what it means?

For example, a lot of these well to do Democrats liberals whatever, allow them actually come from quite affluent families. For example, a lot of people who lecture us about helping poor people blah blah blah, actually did not grow up poor. For example, unless you’ve ever had the experience, being like an elementary school kid, in the fourth or fifth grade, maybe around 11 or 12 years old, having to pick up the phone, because your parents knew that it was probably creditors asking for money, and if you’ve actually never had the experience of having to pretend online and say that your parents were not home, you don’t know nothing.

And maybe this is where I am the first self-made bitcoin millionaire; now that I’m stacking 2.3 M’s and beyond, things are starting to get really interesting to me, at almost a hilariously alarming pace.

First, honestly it all seems like some sort of fake reality, it’s still shocking to me whenever I see these numbers and balances. Still… The $90,000 mark for bitcoin hasn’t really yet set in yet for me.

And I’m sure in certain when we hit the hundred thousand dollar mark for bitcoin, and we have $100,000 party, the best party of all time in cyberspace, and Michael saylors‘s house, we will all be laughing to the bank.

Or better yet, the digital cyber base, a.k.a. our own home.

Why is this such a big deal?

I don’t know any human being on the planet who does not desire some sort of financial freedom independence or liberty. I don’t know anybody who wants to keep working there are boring 90 to 5 day job, doesn’t matter if you’re working at Amazon Apple Facebook Google; everyone I know, all my friends are working these big companies, Nobody wants to be there if they had the option– yet, they are tied to their mortgages, their other financial debts and obligations etc.

And this is where I think to a large degree, debt is the devil. Why? That is slavery! And the funny thing is that a lot of people they like willingly put themselves into debt slavery.

Willingful debt slavery

For the most part, because I’ve grown up poor and whatever… I don’t actually have that much compassion for people who do poor financial decisions with their life. When people go broke according to their own accord, zero compassion and empathy.

For example, if people complain about finances, the first thing you gotta do is look at their iPhone or look at their Car. A lot of these people who complained that they’re so broke all the time, they’re the ones who are always buying the newest iPhone or iPhone Pro, buy new cars, paying a monthly payment on their car, sending their kids to daycare or private school or whatever, giving fellatio to Mark Zuckerberg, Essentially if you’re on Instagram, you love the taste of Zuckerberg semen in your mouth. Also, the reason you should not trust Mark Zuckerberg, he pretends to be fake poor humble, – she himself still operates under this façade of being a good guy, yet privately owns $10 million cars in his garage.

And I’m also pretty certain that Mark Zuckerberg has probably used the meta-quest at least once to check out virtual reality porn. Not that this is bad, but it is probably true.

the financial freedom of bitcoin

So what I really love about the financial freedom of bitcoin is that I think it sets people free. 

For example, with bitcoin, you could go anywhere on the planet, and always have your wealth with you. You don’t have to be tied down by nothing, not your loser Lamborghini your lose loser Porsche, and now, even your cyber truck.

Ideally, all your wealth would always be portable, with you, in your front pocket in your iPhone, anywhere on the planet!

Matte black bitcoin patches

A funny idea… Thank you you’re making some matte black bitcoin patches, some matte black bitcoin stickers. If you’re interested in copping some, just email me eric@erickim.com

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the vision

Once again, very very simple guys; senator Cynthia Lummis, she is introducing this really interesting bitcoin bill, in which America will like try to obtain 1 million bitcoins over four years. The legendary and mythical Nakamoto, which is 1 million bitcoins.  

Why America is well positioned to do this

America is money, America is manifest destiny. America is the best, the most powerful, the most dominant, and anyone who likes to think otherwise is either deluded, wrong, or somehow, anti-American? I don’t really get it; technically, if you live in America, and you get paid in US dollars or whatever, it is actually like a super good deal.

Why? First, essentially America could print money ad infinitum, for free, into infinity.

So it seems actually super super obvious; to essentially, just print a bunch of money, buy the bitcoin, and take the upside, none of the downside. In fact, the really intelligent strategy  is the triple Trump Max strategy outlined by Michael Saylor in his presentation the red wave; to purchase 4 million bitcoins.

If we own 6 million bitcoins, 2045,,, which is just 21 years from now, … $81T payoff!

think in bitcoins

Also what is really fashion being is that bitcoins, is actually… Also built upon the bitcoin icon; everyone could easily notice the bitcoin icon from even 100 miles away. Yet, nobody has any clue or idea what Ethereum is. Or anything else.

 financial prospering

Another big idea in things to my colon doesn’t everyone seek and desire some sort of financial prosperity? Like doesn’t everyone want to be super super filthy dumb rich, whether they use that money for good like donations to charities or whatever, quitting your own nonprofit, helping poor kids, whatever?

economic power, capital power is real power

I think this is also another thing that people don’t understand, capital control,  financial control, financial power is real power.

For example, I just went to Catholic mass the other day, and there was a second donation, for St. Vincent de Paul, helping poor families deal with paying the rent and utilities, not getting evicted etc. As long as the Catholic Church still asks for donations — money matters.

In fact I really interesting thought is if the Catholic Church or the Vatican or whatever would build up their own strategic bitcoin reserve, then, the Catholic Church would last into perpetuity. And also never have to pay taxes.

Why do rich people care about taxes so much?

You’re kind of matters because even if you’re being taxed at a paltry rate of 1%, in like 30 or 40 years, assuming that you bought a $1 million home, you’re going to send you be paying like half of that in just simple property taxes. 

Or, if you purchase a one million $ home, and you have one percent tax, then over the course of 100 years, you’re going to have already paid $1 million worth of property tax.

Now why is this important? You cannot text bitcoin, if you just hold it. And don’t sell it. Or transfer it.

Also fortunately, there’s no inheritance tax on bitcoin. Like if you die you could just give your private keys to your kids, and they will give it to their kids kids kids. No government meddling around with your family’s wealth. 

Even Sanator Lummis supports this idea, assuming that the bitcoin act passes, the bitcoin bill, I don’t really see any reasons why it won’t, essentially will give more clear property rights of private keys, to humans and American citizens?

For example, nobody could stick a gun to your head, and force you to hand over your keys.  however, somebody could stick a gun to your head, and force you to give you your credit cards, your wallet, your credit card your stuff, or break into your home and steal the gold bars stuffed under your mattress.

First, I think banks were generally a good thing the invention of it was beneficial in so far much as even me, I don’t want to walk around with like $100,000 of US currency in my pocket. Why? The risk of me misplacing it, losing it, getting it stolen is quite high. For example like when I used to lift weights at the gym and I did not want to get distracted, Sometimes I would just like leave my backpack there, not really worrying whether people would steal my old iPhone SE, or steal the maybe $50 i had in my wallet.

And this is the big idea, the idea that you could essentially store your own wealth, without a loser bank, a fucking asshole bank, I fucking hate the banks! Even these fucking assholes at JP Morgan Chase; literally taking me about three weeks before I could wire my own damn money to my Coinbase account, to just buy bitcoins for myself, even having to go to the branch like three or four times before doing it!

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How long until you could purchase bitcoins and custody or bitcoins at JP Morgan Chase?

An interesting thing; if you have a certain upgraded bank status with JP Morgan Chase, they actually give you access to this free vault thing, where I guess you could hide your gold bars and antique Rolexes.

You’re not supposed to, but you can. I also would not be surprised that a lot of people probably hide US dollars or cash currency to avoid paying taxes, which I find to be a very very despicable act.

I think with taxes, there is actually kind of like a moralistic obligation to pay taxes, certainly nobody wants to pay more than their fair share but still… I have a personal moral obligation to pay taxes. Why? Because once again, at least for myself, I was raised through the public school system, I went to UCLA, with federal government grants and scholarships, to become the person I am today. I am so insanely grateful to America American government, my mentors, my local Boy Scouts troop,  who knows maybe I’ll start volunteering once Seneca is old enough.

My sense of patriotism, is not this fake ass flag humping conservative Republican alt right, con toting fake ass libertarianism anti-government thing; even what a lot of these loser Republicans and conservatives don’t understand is they are all apparently super anti-government, yet they want America to build a wall to keep out others?

Or, they want the government to stay out of their gun business, but don’t they understand that actually, the right to gun ownership is actually still predicated on the US government?

Or, let us see that somebody breaks into your house, and either robs you or kills your family members, whatever… And even though you have a arsenal of guns, you were not able to stop all the perpetrators. If you want to enact justice, yet you are super anti-government, everyone is antigovernment until they need the government. 

Then what I think people really want is like kind of maybe minimum government possible, MVP, MINIMUM VIABLE GOVERNMENT (MVG).

I think the general idea is that certainly it is good to have the fire department if you don’t want your house to burn down, ain’t nobody gonna own their own fire hose to prevent their house from burning down.

Also, it is certainly good to have a police department, a police force, once again, if somebody beat you up and rob you, and you catch them, you certainly want justice to be dealt to them.

I think that it is like having just enough government, without the bloat?

It’s kind of like having a smart phone, certainly life is better with a smart phone rather than without. However the new ones is, ain’t nobody want to own a loser android or Samsung phone, which has far too much bloatware.

Even now Apple, there are too many damn apps.

I don’t really get it; Apple keeps turning out all these new apps, apps that nobody has any idea what it is, nor do people actually have any desire to use it, I said just let the third-party developers make those journaling apps and stuff. In fact, if Apple were really intelligent what Apple would do is actually with every subsequent version of iOS, they would actually get rid of superfluous apps!

Like there’s all these weird apps like the measuring tool and whatever.  Come on Apple just get rid of it. 

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Hot take: I think in four years by the end of the Trump presidency, I will not be shocked if bitcoin hits 1 million of bitcoin, which is about 10x from here?

To keep the math simple; I’m just going to assume that bitcoin is like $100,000 of bitcoin right now. So $100,000-$1 million is a 10x gain.

So do the simple math, if you sell your assets right now which are not really rapidly accumulating in value, then, the best way to think about it is that you have to have a strong end up for your timeline. It is currently the year 2024, I think Trump takes presidency 2025, so then the projection should be 2029, Four years from now… Seneca will only be eight years old? Is that like the second grade? And then on top of that it will be another 10 years until he goes to college or just starts his own bitcoin based company or thing.

The future four years from now

Making predictions four years from now is pretty simple. I am very very certain that miracle will accumulate some amount of bitcoins to back strategic bitcoin treasury reserve assets, I think of it like the new bitcoin Fort Knox; my personal thought is that America will decouple herself from the gold standard, and then latch on and hyper charge herself with bitcoin.

The reason why this becomes such a fascinating idea is that then, the US dollar will actually appreciate and value because it is actually backed by something which is real, bitcoin.

Triple Trump Max?

I recently watched a presentation by Michael Saylor, titled the red wave, and it is really really fascinating; now that the red Republicans have taken over the whole government, this is like 1000 X good news for us bitcoin holders as well as micro strategy share owners.

Why is it meant to be such a glorious future for us?

First, the crypto Renaissance. Now that Elon Musk is going to be the new doge chair, which is hilarious, you’ll see a boom in the whole cryptocurrency industry, a new resurgence. And as a consequence, you’re going to see like 1 trillion new crypto based companies having a virtual IPO– even Scottie Pippen is doing interesting with the famous 1991 basketball that he has held for 33 years, and he is like sharing ownership in it or something? $BALL

ANYWAYS, THIS IS ALMOST LIKE THE NEW DIGITAL GOLD WAVE; the new digital gold rush.

Even now, you’re already seen smart rich old families buy best from gold and pour that money into bitcoin instead. You are starting to see the black rock gold ETF becoming consolidated, and having those asset reserves pour into bitcoin the bitcoin spot ETF Ibit by Black rock.

Even watch CNBC news, the squawk box, which is the real financial news. You know it is a big deal when you have all these really really famous investors, admitting that they were actually wrong about bitcoin, although saying it in like a sideways, orthogonal way.

Even this really famous investor in Tesla admitted to the Joe guy, “I told you… You gotta do your own research, and you did your research and I did my research and I know my business and you know your business” which is essentially like a way of ceding defeat and admitting that you were wrong.

How to know that ERIC KIM is a true believer in bitcoin

Very interesting, I’m like one of the biggest NASSIM TALEB Fan boys of all time, and still am. Like four years ago or five years ago, he actually wrote a medium article on how he believed in bitcoin, and actually he even wrote the introduction preface to the bitcoin standard, who was written by another fellow Lebanese American economist and writer.

However, the moment in which I put in the beeswax of Odysseus was when apparently Taleb had a change of heart, and then he became like on a crusade to be super super anti-bitcoin, and making fun of bitcoiners. He also apparently wrote this bitcoin essay on how it was kind of not good, and when I saw it I immediately just shut my eyes, and went off the grid. And instead spending more time at the gym, just lifting weights, not thinking about bitcoin and the whole crypto economy, and just enjoying my lifting.

Also, you know that I am super legit because when the whole FTX meltdown happened, I didn’t even know.  for about 4 to 5 years, I try to shut my ears to bitcoin prices and not think about it, until people would accidentally tell me even against my own will. Or Cindy or my brother-in-law telling me that bitcoin is way down, I never lost hope, I just had to stay focused.

So what does it mean when you’re right?

Kind of weird and amazing, for me the really really big deal was when I first saw bitcoin hitting $88,000 a bitcoin, which was like a lot, because my mind was still pegged at bitcoin at being like an average 65,000 a bitcoin or 62,000 a bitcoin, or even 59,000 of bitcoin.

And then the magic happen, I’m miraculously just looked at the prices by chance, randomly on my iPhone, and I saw that it hit about 91,000, then about 93,000 of bitcoin? Then going on Twitter and seeing that Michael Saylor is already planning the $100k party.

Everyone wants bitcoin to succeed

I think that’s very interesting to me is that actually the whole crypto economy is pegged to the bitcoin. Even loser Ethereum and everything after it.

What is Ethereum? It is like a fake diamond a cubic zirconia, it looks shiny and pretty from the outside but in the inside it is just plastic.

People talk about how you could like create nonfungible tokens, cyber artwork, and you could program on Ethereum… But you fools don’t you know you could do the same exactly on bitcoin? And bitcoin is like at least 1000 X more powerful robust and super superior?

I almost feel like this is against the early days of android versus iPhone. I really really feel like there’s almost 0 reasons to own an android of Google pixel a Samsung phone anymore. Even Google Gemini which came out kind of is lame.

And also the big thing… The sales people at Google they all own iPhone pros.

Don’t ask people what you should do, just see what they personally own.

The joy of waking up

So now that I am like 10% invested in micro strategy, about 90% of my wealth in bitcoin, I actually get super super excited when it is 6:30 AM, the best time of the day. I enjoy looking at the market activity of micro strategy, how it is like essentially like nuclear power and physics insanely volatile, insanely high power, radioactive!

I actually remember as a kid, learning all about nuclear power, and how it was a very good thing, like essentially the magical thing that would change everything, that would essentially make energy and power practically free. I still believe this way.

I think the hard thing about nuclear power is that like anything in life, high volatility and massive upside, you just gotta be careful. Assuming you take all the smart MIT nuclear physicist to build these nuclear pants, somewhere maybe in the desert, and you do it safely, the Asymmetric payoff;

You have 1000 to one benefit ratio.

Once again nuclear waste and the potential for another Fukushima is possible, but also do you suddenly turn everyone to a buggy wagon and horse because people die in car accidents? 

Also, do you ban people from owning iPhones because there are so many debts related to texting while driving?

Or do you ban people from using electricity because there are some people who either use it as a weapon, how you could kill people with the electric chair, etc.?

I think this is also the tricky thing with guns; obviously there are all these crazy mass murderers with guns, and these fucking asshole pussies who bring it to a wedding, leave it in a book bag unattended in the guest room closet, to only have a crazy alcoholic woman stealing people’s wallets and shit, miraculously finding the gun, and then putting it on top of your kids car seat. I am not joking this is a real story which happened to me.

There are people who live in the wilderness, who actually may be hunt a game to feed their families. I respect that. What I personally hate all these skinny fat losers with beards, these small dick midgets who accumulate guns and ammunition to act tough? To me this is worse than insane, it is only a thing that a man without a penis would do. And no balls. A bunch of Ken dolls without genitalia.

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Think about the time cost to capital

Another big thing to consider, the time cost to capital. The general idea is that to build things actually just takes a lot of time, human effort, meetings, friction, working through things.

Time is the ultimate acid that we got, something which is not really really recoverable.

Like assume that you have a maximum human lifespan of 120 years, at best. However, impossible to know whether you’ll make it. I would say maybe more conservatively, we should think of like 90 years, that is like the new 80.

So if you knew with 100% precision that you would die at 90 or 92 or whatever, hopefully still with your six pack, then, how would you approach life differently?

First, my personal thought is there should really not be a profit motive. Why? With profit motives, profit is fine, but the issue is that the easiest way to make profit and make money is super simple; just buy bitcoin! If you want to make US dollar gains, then you just purchase micro strategy stock!

So then, the next step is just like kind of more like altruism; assume that you’re like worth $100 billion of bitcoin and you could afford anything on the planet, but the better question is do you really want do you really care? Is this going to create some sort of substantive impact on the planet which is something that you desire?

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Why?

So the reason why I have such a strong predilection towards Bitcoin is that I feel like I have a strong moral an ethical imperative behind it.

So I am all about open source, this has generally been my guiding principle for the last 15 years, maybe even 20 years of my life. The general idea was very very simple;

Information should be free!

Obviously I get it; there are certain people who create stuff we need to get paid and pay rent, I get it! But if you’re like somebody liked Tim Ferriss, or even Joe Rogan, and you’re already super rich… Why do you need advertisements? Why do you need more money?

I have no issues with greed wanting more money etc. It is all good. But maybe the more interesting question on my mind is what are your personal guiding principles in your personal imperative which drive you? Like, why do you care why do you do it?

So for me… The whole route of my open source philosophy was that I grew up super poor without access to nothing, and I want to treat others like how I would like to be treated. I want to be able to empower the other scrappy 19-year-old kid, like my friend Dylan Fan, to become something great, just giving them access to information education etc.

This is also where I’m kind of interested in doing more like these free open source online Zoom Bitcoin workshops on Zoom and other stuff. I don’t want people to have any barriers to access information or knowledge, which could really benefit themselves. 

Because honestly at this point, I’m making dumb money, even I’m flabbergasted. Cindy is too. And so is my mom.

You know it’s a good sign when even you are shocked

“I’m shocked too!” – JAY Z

I think you know you’re onto something good is even if you shock yourself, even if you believe in something and you succeeded, and you are made correct, you are rectified, but still… it still shocks you?

ERIC KIM FILM LEICA MP & LEICA 35mm f2 ASPH AUCTION

So I have a vision, maybe this will be big news: I’m going to sell my old film Leica MP, and my Leica 35 mm F2 ASPH lens to the highest bidder. I will only accept bitcoin.

If you wanna put in a bid, own a piece of photography history, email me at eric@erickim.com with your offer. I will sell this to the highest bidder.

Also I will make a pledge; the second after we confirm details, and we lock in the  details whatever, I will guarantee I’ll give you the best value of your bitcoin for my set up, assuming that even marked prices fluctuate a bit. In short I’ll be more generous to you.

Also, I think the fun thing is that it will be the first time I do a really big transfer just using bitcoin and bitcoin wallets– like a real pure to prayer, P2P transfer.

Technically this was the whole vision of Satoshi; being able to transfer value and money without a trusted intermediary. Not having to do it through loser PayPal, or loser bank, we’re having to deal with loser SWIFT code bank transaction wire stuff. 

Like doesn’t this make super sense,  that you would actually… If you want to sell something with a high value amount, thought you would just do it peer to peer with bitcoin, without having to deal with the messy business of some sort of third-party?

Like for example… Even a simple thing, if I owned like $1 million house I wanted to sell it directly to you, isn’t the most logical thing that I could just meet you in the flesh, shake your hand, and then immediately transfer $1 million from my bitcoin balance directly to you? Wouldn’t this make the most sense?

Or, if I owned like a $250,000 Lamborghini, that I could once again, test drive your car, tell you that I like it, shake your hand and immediately zap you like one or two bitcoins?

Or if you had a cyber truck, that I could give you like half a bitcoin for your cyber truck? Or maybe a quarter? 

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What is bitcoin and why does it matter? A simple straightforward primer:

First, the best technology of bitcoin is digital property. Or digital real estate. My general concept is that the price of a single bitcoin is and should at least least be the price of a single-family home, if not 10X 100X or 1000X.

 For example just open up Zillow, and look for the price of single-family homes in Los Angeles the Bay area etc. currently, even in poor neighborhood, average house prices are about 1.1, 1.2, $1.3 million. And also currently, many homes in the $1.5M, 2 million, $2.9M, and now $4.4 million zone.  and also, one of the estates on Hobie Hills, $155 million home, and above that a brand new construction, $199 million estate.

If I think about it, the reason why bitcoin is such a big deal is that it is the hardest working capital on the planet or the known human universe. For example, when you are sleeping in Pacific time, there is probably somebody awake in Singapore, when their exchanges are open, buying selling bitcoin.

Second, the velocity the speed the power. Currently bitcoin is like a juggernaut; you literally cannot stop it even if you wanted it to. Do you remember an X-Men, I’m the juggernaut, juggernaut just smashing through walls? Yeah that is like bitcoin.

And even microstrategy, it is like a tank, an armored vehicle, which is slowly plowing through and destroying everything in its way. If you have ever seen a raised military vehicle in the flesh, in desert 10 and iron steel, with a huge massive room that look like tractor rims, having like 20 wheels, driving on the freeway, the sheer size and mass will make your jaw drop.

The reason why I am so passionate about bitcoin is that at this point, it almost feels like an ethical imperative to me. What that means is that I almost feel like it is my God-given duty to spread the good word of bitcoin.

Why? Assuming that 55% of the world‘s problems come rooted in issues about money, if that were the case, if you could fix the money and the money supply, couldn’t you fix and improve and upgrade the human race? (Saylor).

Bet on the jockey and the horse 

So assuming that Michael Saylor is not the new patron in Saint of bitcoin, he is now the ultimate spokesperson for bitcoin, and assuming that he is in fact, unethical, incredibly intelligent, good intentioned and ethical, if that is the case, then, Michael Saylor is like our head man or jockey, like the Steve Jobs of bitcoin, and bitcoin is like the war horse. Once again, bitcoin has the most unstoppable power on the planet.

Internet digital capital

So this issue was physical real estate, let us buy $10 million house or plot of property here in Culver City, main issues:

1. The issues of property taxes, sales taxes, other taxes which is just like the local city or government or whatever siphoning away money from you. It is almost like you are a healthy child, and then you become a blood bag for some sort of mad Max evil villain, And they’re slowly selecting away the blood of your firstborn child, to feed itself. Now I think I understand a little bit more about the idea of lowering taxes and government taxes, because nobody likes to have their blood drained. Especially against their own will.
2. Laws of physical nature, act of God: so my brother-in-law is currently having his house remodeled and rebuilt, and super super crazy story the contractor who’s helping them employed by Cindy‘s mom suddenly I guess randomly got cancer and is now in the hospital? And this is the head contractor for the whole project, so then, the laws of physics; if your head contractor suddenly gets cancer or a heart attack and becomes ill… Your whole housing development project comes to a standstill. Also, the laws of physical entropy; when you are getting a house rebuild, and then it starts to rain, this is disastrous.
3. The physical world is too slow: so currently on 877 Washington in Culver City, Apple is expanding their Apple TV TV plus campus. I’ve been watching them constructed like four days and weeks on end. They’re actually doing good progress on it like they’re always at work, looks like they have good contractors etc.; but still, this is taking months, how long will it take? Five years? The issue with physical and physical development physical real estate once again, the laws of physics make it very very impossible to build things quickly. Even in Vietnam where they obviously do not observe any sort of safety laws, they built things really really fast, but it is impossible to build 100 foot skyscraper in like five days or a week. With bitcoin you can.

Why is it so hard for people to understand bitcoin?

Can you imagine trying to explain to an ant how a microwave works?  or can you try to imagine explaining to a child in nuclear physics?

Or can you try explaining to your 95-year-old mom how the Internet and the cloud works?

Poor, imagine how difficult it is if you took a 85-year-old man who has been driving petroleum cards this whole life, and giving him a brand new cyber truck?

The hard thing with technologies is that it is always very very very very difficult to understand things which are a massive paradigm shift. Even my uncle, who is almost the most reluctant person to technology ever, like he only got an iPhone literally this last year — even up until a year ago he was still using a flip phone, now that she has an iPhone Pro, his life is like 1 trillion times better. He literally fought hand and nail and even he eventually succumbed to the miraculous powers of the iPhone. I think also a similar thing will happen with electric cars, like we charge our phones every night, can you imagine if your iPhone ran on a gasoline generator?

Insight & vision

I think the hard thing is that to have a deep insight about something, is going to be considered insane by the traditional crowd. Which is also very very understandable. For example, one of the most useful inventions of all time the microwave, can you imagine trying to describe to a person in the 1800 how a microwave worked? Or even having silent clean electricity inside your home? Or, trying to explain to somebody in the 1700s that one day you would fly in the Meadow bird across the sea in a matter of hours? Or trying to explain to somebody in the 1500s that one day we will jump on a spaceship and go to the moon?

Once again very very difficult.

The art of being unreasonable

Or, it’s still kind of blows my mind… I think what Elon Musk is currently worth what like $270 billion or something? Can you imagine even telling somebody 10 or 20 years ago that one day this would be possible?

Even Steve Jobs, his insane tenacity is like the best thing of all time. Can you imagine if we were still on blackberries with physical keyboards?

Or, when he first unveiled the iPad everyone was trying to get him to like add 50 USB ports to it. But it was his stubborn genius which prevented this nonsense.

Even in the early days of the Apple to computer, Steve Jobs had the very very good idea of not having nerds hack with it, you could let them just do that with the windows computers. Steve Wozniak I didn’t like it, but ultimately Steve Jobs was right.

Or Elon Musk and Tesla; what people don’t know is that Tesla was originally started by Marc Tarpeting, and I think another group of investors and entrepreneurs, however, it is Elon who turned Tesla into what it is today. He is the one who had the genius and the insight and the engineering and design taste to make the Tesla model S the beautiful car that it is today. And also, his vision with cybertruck and now the cyber taxi and Robo van.

I think we tend to put these individuals on a pedestal. Why can you not be as unreasonable and stubborn and insightful as Steve Jobs, Elon Musk, Jeff Bezos? What in terms of the laws of physics is holding you back?

Your only limit is you 

Me talking about bitcoin might seem like it is out of left field, but actually, I’ve been investing in bitcoin and crypto since 2018. A year after I left Vietnam.

Initially, I was told about a certain old coin by this Singaporean trader investor entrepreneur named Bing — she first is the one who got me to sign up, I first did my own research a little bit, but maybe like $25,000 worth of bitcoin in 2018, when it was like $6950 a bitcoin, and me then taking half of that money and buying digibyte DGB, on the exchange fund poloniex, but I’m not even sure it’s around anymore, anyways, eventually I came back to my senses, and after doing a lot of research and thinking, consolidated all of my digibyte back into Bitcoin, the smart path.

Other meanderings

I also then much later, met a guy named Abe who was an early investor in chainlink, randomly when I was at LA fitness in Providence Rhode Island, and I was pretty sold, it seemed like chainlink was a great idea.  I think one chain-link was maybe like seven dollars a chain-link or $10 a chainlink, I sold all of my bitcoin which was worth maybe like $180,000 at the time, and bought all chainlink.  I liked the insights of Sergey Nazarov, and I used to check the chain-link blog like every single day.

Eventually… I then had a gut feeling, I kind of missed having my bitcoin. And also I started to get a little bit more and more suspicious and having a bad feeling about chain-link. The issue was too much of the price of a chain-link was dependent on marketing and PR, and also… I think they release a version 2.0 white paper for chain-link, and this was a red flag:

Never trust anything that needs a version 2.0.

What people don’t really really know is that bitcoin, when Satoshi invented it, was like version .001, and since it was published, the original bitcoin paper, it has not been tampered with or changed since.

Since then, we have seen many forks, duplications, new ideas, Ethereum Ethereum 2.0, the big Ethereum hack and fork etc.; and even now somehow I’m not even sure how this happened, Ethereum you can now have an Ethereum spot ETF?

 however, people are starting to wake up to their senses and realizing that Ethereum is like a cubic zirconian fake diamond made out of plastic – it looks really really shiny and great from the outside, but on the inside, it is just plastic.

What’s also super interesting about diamonds I learned this from my uncle who has been a gold and diamond and jewelry dealer for almost over 35 years, is that with the naked eye, a cubic zirconia and fake diamond and a real diamond is literally impossible to tell with a human eye, even if you took the world’s most skilled jeweler to take a look. 

How to FIRE with bitcoin (financial independence, retire early)

OK, before COVID-19 hit, it seems that we were actually on a good path, discovering the life happiness and the pursuit of happiness was not about physical property, physical possessions, even owning physical land or physical home or property… It was more about living this semi nomadic life, and accumulating interesting experiences, and getting your EXP up (experience points).

Even a big idea that I had, around 2015, wow almost a decade ago, is buy experiences not stuff.

So applied to our real life, maybe we should kind of shake off the trauma in the backlash of Covid, and let us take it back to the beginning, take it back to standards.

First, I think a good idea is to try to imagine that Covid never happened, and let us resent ourselves around our minimalist principles.

So let us make this notion of fire, financial independence retire early cool again.

So, how do you do this with bitcoin?

How to fuel your own early retirement with bitcoin

One quote I like from Michael Saylor; everybody is winners on the bitcoin standard, nobody is a loser. There are only varying degrees of success. 

So, how do we apply these principles?

First, the very very simple goal is to accumulate as many bitcoins as humanly possible, to stack as many Satoshi’s as humanly possible. The very very simple via negativa principle: 

You don’t sell your Bitcoin ***

If I told you that you were a wealthy family from New York City, and you own physical property commercial real estate on fifth Avenue, would you ever sell your property? Hell no! You would do everything, hand and nail to avoid and to prevent yourself from ever selling your property.

What do you then do instead is you try to do everything in your powers, your financial leverage powers to never ever ever have you to sell your bitcoin, but instead, to leverage your financial assets and instruments in order to accumulate more bitcoins.

What do you want to do is obviously do simple things like pay your rent and stuff, but, the very very simple goal: you live so insanely frugal and Spartan, and just put on 99% of your moneys into bitcoin. 

The basic idea is live like a demigod Spartan, you have no need for money or possessions or stuff. Even after recently doing this very very spirited road trip down to Temecula and Marietta, staying on a nice ranch with a bunch of chickens, I am still pretty convinced… A white Toyota Prius, is probably the best car of all time. Even if you could afford like 50 cyber trucks, or assuming I could only own one car, currently I still might take the Prius over the cyber truck.

Why? My body looks like a cyber truck, I don’t need my car to be. 

I think the problem is people try to purchase dominance through their assets like their car their truck their SUV they’re home they’re closed their jewelry their devices whatever, or even worse their guns.

Only skinny fat midget weakling losers own guns. 

A real man has no need for external fire arms; your own arms your own guns are your firearms.

So a very simple thought; don’t waste your money on guns or ammunition, use all that money to buy weights, weightlifting equipment and barbells, use that to stack your muscles and also your physical dominance. 

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How to deal with the emotional roller coaster of bitcoin

So I think the number one critical problem here is that for somebody who is inexperienced, bitcoin is one hell of a ride.

For example, even my uncle who is like 68 years old, he told me in Korean that bitcoin is almost kinda like crack cocaine or bad drugs (ma-yyak), which literally means “evil medicine”.

For example I tell him that all I think about is bitcoin and Eitreim in bitcoin, he tells me that he has the same problem. But I guess the difference is that I do it from a joyful, happy, playful childlike approach; she does it almost kind of like out of opportunity and fear?

So some simple thoughts:

1. Never look at prices 

Never ever ever ever look at prices, delete the Coinbase app from your phone or whatever, or your Fidelity app, assuming you own microstrategy stock,  and never ever ever look at prices unless you actually intend on buying selling or trading or swapping or accumulating or depositing money and re-investing it.  it might be one of the most difficult things to do but I treated like the ears of Odysseus; fill up your ears with digital beeswax, never ever look at prices. 

Now that my net worth is insanely soaring, like bitcoin is going ballistic, and I’m getting ready for the $100K bitcoin party,  the best party of all time in cyberspace and everybody who owns bitcoin or even a fraction of a bitcoin is invited, — essentially the funny thing with bitcoin and numbers and prices and whatever is that there is this strange assymmetry:

When you see the prices or your assets going up, you get like a 50% boost and happiness, but if you see it go down, it is like a -500% in happiness. 

This is why losing money at the casino is 1000 times more annoying than winning money.

So don’t be tempted with gains ; once again, the goal is to increase your money or your capital, but instead and rather, the goal is to accumulate digital power.

There is no force stronger out in the planet than bitcoin. It is like solidified power, – like I visualize it like a Dragon Ball. Assuming that there’s only like seven dragon balls scattered around the planet, wouldn’t you want to have one?

Or imagine a better analogy… There’s like 21 million dragon balls scattered hazard lead around the planet, and there will never ever ever be more than 21 million dragon balls, and this Dragon Ball is your thing to economic immortality and power, wouldn’t you want to have one, or several?

How many bitcoins is enough bitcoins?

That’s like asking somebody if you have a chance to buy out Manhattan, how many square blocks should I buy if I could afford to buy like a lot?

Your goal is how much you ever could physically afford it! And even if you have to overextend or leverage yourself a bit, more property in Manhattan is always the best idea.

Bitcoin is like the ultimate digital cyber Manhattan assuming that there will never be more than 21,000,000 square blocks in cyber Manhattan, forever, then, certainly you will want to get one while you still can.

a bitcoin mortgage program

An idea that I’m kind of toying with this idea of like a bitcoin mortgage. The general idea is that there’s going to be a certain point in which owning a bitcoin is just going to be like physically impossible for most people like a full single bitcoin. Currently the scam that is going on is that people will Essentially sell all of their physiological energy and soul over the course of 30 years, to purchase a single-family home and property.

However if I think about this critically, the reason why buying a single-family home or anything with a mortgage is a terrible idea is that as long as the APR is above 0%,  it is never worth it.

Why? Even if you do get a 0% APR loan, assuming that you have to pay property taxes of at least one to 2% means that you’ll bleed out half of your capital in the course of 30 years?

Not only that it is like somebody offers to give you a free pet puppy, but you forget that you will have to pay it in the long run; paying for a bit fee, and it getting cancer, and eventually the sadness of having to put it down.

In life, you have the option of taking the winning bet, or you have the option of taking the losing bet. Why would you take the losing bet?

The point of life is to win!

 in life, so history and words mean little and nothing.

I still cannot ever forget, my extreme annoyance with talking to one person who told me that he was taking some classes to learn about investing in real estate or whatever, and I just joked tongue and cheek, but also seriously… Like bitcoin? He shrugged me off and told me “no, real investments.” This is from somebody with a business and maybe an economics degree? And maybe a marketing degree?

Anyways, I’ve made 1 trillion times more in bitcoin over the course of the last few years, then over 15 years of traveling the world and teaching photography workshops. And the truth is a lot of it is actually just time and technology; bitcoin didn’t really exist back then in a real tangible form which wasn’t that interesting to me at the time; so obviously if the financial instruments don’t really exist at the time, then, obviously you cannot hate on people for not making good financial decisions if the financial instrument, a.k.a. bitcoin, did not yet really exist!

But isn’t bitcoin risky?

 no! It might be like the least risky thing on the planet. It is almost like in my mind 100% certain to go out forever, albeit with great volatility.

But to quote Michael Saylor, volatility is vitality.  what that then means is in life, assuming like life is like a roller coaster, you need higher highs to get the lower lows in order to reach the higher highs. For example in roller coaster tycoon, in order to make a super super epic awesome roller coaster, you first need to make it go up really really high, then really really low, in order to use the centrifugal or the gravitational force to make it reach a really really new high!

I almost wonder if there was a lot of financial physics here as well: the idea is that once again, you need really really low dips, in order to reach new highs?

Compare this with a boring asset like bonds; the whole life it is just like super flat, maybe a 1° incline upwards, kind of like one of those lame kitty roller coasters. The one that just put you in a truck that just goes in a circle forever, with a tiny incline and a tiny dip. Super boring.

what is the goal?

I think philosophically, the goal ain’t to get rich or whatever, because richness is all relative. Rather, the goal is to gain your freedom, your financial freedom! Then once you have gained this freedom, the rest of your whole life will just be upside, no downside!

ERIC

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I Shall Never Die

Economic Armor

Suit of armor, and formal suit?

The virtues of working as a team?

.

A hybrid, a hybrid between the upside of nature, without any of the downsides? And also the upside of the city?

So one thing that’s super interesting is spending a little bit time here in the mountains, the quasi countryside is that something about the piece of the mornings is surprisingly wonderful and calming to me.

At first, I thought it was kind of a gimmick to be out in nature or whatever, ironically enough, this is even coming from a Boy Scout’s Eagle Scout.

So on one hand, the issue with all these people trying to seek the wilderness I think is a form of escape. They don’t like to be with themselves, so they try to get lost in nature to forget themselves.

I think one of the things that a lot of these overly sentimental week wings suffer from that they think that somehow, nature is God and nature is supreme. As a consequence, they feel this strange guilt about being alive, resources, etc. But I find this to be ridiculous; The truth is, human beings we are supreme, and nature is our slave. To anybody who has made it a virtue that somehow we have to be subservient to nature, to me is kind of a weakling mentality.  the true man has made nature his slave, his pet thing. His matter and mold and clay for wild, fun and playful experimentation!

I think the critical issue here is that people have no idea what to live for, whom to live for, etc. As a consequence, people spend a lot of their lives just wasting it, just wondering and meandering around, with zero insight about themselves, their personal role, their own personal philosophy, their own personal ethics ethos aesthetics and approach to life etc.

And I think what a lot of these people also feel to understand is that there is no ultimate truth or true North to anything; life is like a wonderfully wild creative monster, a beast, full of chaos fun play enjoy. The Indonesian joy of radicalness, playful candor, and unreasonable art?

I’m the new Nietzsche?

Certainly everyone wants some sort of legacy, some see through their altruism and the virtuality, some try to do it like Mother Teresa, Gandhi etc., other people like Thich Nhat Hanh, Rosa Parks, Martin Luther King Jr., etc. Other people tried to found religions like Saint Paul, Mohammad, Moses, the pharaohs of Egypt etc. I think Plato also tried to create a religion but failed. Same with Socrates and most of the ancient Greeks.

All of the flossers who have come before me, I think they failed on many accounts. First, none of them were actually materially successful, or entrepreneurial, or financially successful, considering or assuming they started from nothing. I’m starting to learn a little bit more about generational wealth, kids were born knowing that they had to trust fund, etc. I’m not one of them.

Second, the physicality aspect of it. Till you have met a philosopher who could lift over 1000 pounds, that is 10 1/2 plates on each side of the barbell, knock on my door.

Third, the disconnection from social media. I might be the only person that I know who is actually disconnected from social media. Even a lot of these older folks, seems that everyone is jacked into Twitter like crack. Especially a lot of older folks ironically enough.

Also, am I the only 36-year-old who doesn’t have an Instagram who deleted it at the height of his fame with 60,000 followers? The best idea in 1 trillion years; now that my net worth is soaring, just recently breaking the $2.1 million mark, and continue to grow and explode at an alarming rate, what that means is things are starting to get interesting, and also pretty awesome.

Technology

Another thing I was randomly thinking about is how blessed I am to have been born in the time of bitcoin. Even though I do have some superficial regrets, technically I’m grateful of my journey thus far, my only regret in life is not buying more bitcoins or buying any bitcoins when my roommate Kevin first told me about it my junior year of college, one bitcoin was worth like .0000 one percent of a penny. My roommate Kevin told me that we should just buy like $100 worth of Bitcoin for funsies, just to see what would happen. I think this was during bitcoin pizza day or a little bit before it. Regardless I was doing some math, and had I had bought $100 worth of bitcoin in my junior year of college, that would probably be worth like $100 billion today. But if this were the case, I probably would have never done my photography entrepreneurship journey, traveling the planet, promoting my open source philosophy, and forever cementing my legacy in street photography. So I’m not salty about nothing.

So on the contrary,  maybe the timing was all right along. Actually, one of my mottos and guiding principles to life, is the thought:

Everything happens as it should have happened.

The general idea is not that everything happens for a reason, which assumes some sort of strange mystical guiding force the universe which I do not believe in, but instead the general idea is that everything happened as it should have happened which means that one should never have any regrets in life The way in which things have played out. Because the funny thing, now that I am 36 years old, which is still super super young if I think about it, but the same time, I think with enough foresight, you will essentially discover and learn that Whatever happens in life, typically when you look back at it, 20 years or so from now, you’ll look back and smile knowing that without even really really thinking about it or considering it too deeply, the timing was perfect all along!

One story I don’t really talk about which is super super random is what inspired me and Cindy to actually  start trying to have a kid, because the timing never felt right. Long story short, being held up at gunpoint in Mexico City, me yelping, grabbing Cindy‘s hand and running the opposite way in his exact pattern as a natural impulse, and then the gunman, who first shined the chrome from his hip holster, jumping back on his moped or motorcycle and fucking off.

This was like two or three months before Covid hit, and then we started trying then. And then Covid happened, and then we thought that the baby was gonna get Covid so we stopped, and then we attended a webinar that said actually somehow babies were immune to Covid or something, and then we tried again and boom got pregnant in like a week.

Anyways, everything happens as it should have happened.

Other foresights

So some other four sites which are super fasciae to me is like my propensity to think about investing money and finances, in like a Zen stoic way?

Currently, stacking bitcoins is more like a game than anything. It’s been an interesting journey thus far, part of it is like being a little bit crazy, considered insane by the traditional crowd, but then again, now that Donald Trump has been elected president, isn’t the whole world in planet a little bit insane, truth be told?

Once again, the world is 1 trillion times more bizarre than I could have ever imagined it. For example, even Elon Musk putting on the red hat, putting on the Maga hat, make America great again hat, super interesting and weird?

And also, another sign of how America is so racist, when Kanye West put on the MAGA hat, everyone was trying to crucify him, calling him like the new black Hitler 2.0 or something. But then, when Elon Musk does it, it is considered cool hip trendy, counterculture and cool!

I suppose then, my whole theory about what everyone is so and Kanye West is kind of accurate and true; once again, America doesn’t like an outspoken African-American man, who is 1 trillion times more successful than them.

I hate you because you are 1 trillion times more successful than me! (has any man ever said this?)

Zen the fuck out , ZTFO – Big Sean

I woke up in beast mode! My wife and me is like beauty and the beast though! The only thing sold out is the seats though!

Thinking Calabasas, The Hills, etc.

So some thoughts; first, maybe the best strategy ain’t to ask people what you should do or whatever, or ask people for advice. Just see what they do, where they live, where they put their own money. In other words, talk is cheap, words weep. 

 the first interesting thoughts; why is it that all the super super rich successful people live in Calabasas? Kim has a house out there, and I think Kanye literally has a house across the street from his ex-wife?

I think Jay Z and Beyoncé also have a house in Beverly Hills?

Anyways, it looks like sooner or later everyone ends up back in LA Los Angeles Southern California. Nobody wants to be in the East Coast, New York sucks, Brooklyn sucks. The only reason people live out there is once again, people want the place to form them, rather than thinking about it Blank slate, Carte Blanche, instead of them doing the shaping? 

For example, questions; if you’re like somewhere or traveling or whatever, and you meet somebody from Brooklyn or Manhattan or New York City or whatever… The question; how long in your conversation and talking with them before they start talking about how great New York or Brooklyn is?

The same thing about people who once went to Harvard, either as a undergraduate or graduate student or postgraduate soon whatever; only unsuccessful people talk about their academic pedigree as an undergraduate. 

I think one of the things that I learned from mindfulness, Thich Nhat Hanh, Zen, Taoism is that the best way to think about things is not the past; which is a fiction, but rather, the present joyful moment, and also thinking about the future?

Once again, my overall suspicion of monks, Buddhist monks in the life; how much of them decide to opt for some sort of Buddhist simple lifestyle simply because they were unsuccessful in the material realm, the entrepreneurial or economic realm; like how often do you meet a billionaire who then renounces everything and becomes a monk? Typically, most people have tried the whole life thing, fail, and then become a monk. 

Zuckerberg goals

The only successful person in my age group or age range who I respect is Mark Zuckerberg. The truth is though, he’s a super fucking weirdo. Just look at interviews with him, dark rings under his eyes, and the man is quite bizarre. You could totally see that in high school and college, he was like one of these super fucking weirdos, the super weird nerds, who probably wanted to pick up chicks, probably watch some weird porn in private, maybe he was into Maria Ozawa I don’t know. Even recently watching his interview at a certain Keynote with the CEO of Nvidia, Jensen Huang, I was watching Mark on stage, his new outfit was pretty cool he essentially look like Jay Z or Kanye, but the second that Mark starts talking, once again super fucking weird.

The truth is nobody wants to live in the meta-verse. This is where I’m a huge proponent of bitcoin; I would prefer to be in the wild outdoors, super fucking jacked and happy, walking around topless with my demigod physique, my ripped hard bronze body, super jacked arms, with my black sun hat on, my 60 pound weight vest on. Even more impressive, I guess I’m strong enough now that I could actually go on a hike with my 60 pound weight vest and carry Seneca who is now like 50 pounds.

Anyways, even in terms of cars, I’m still pretty convinced, assuming you want to lift some sort of funny outdoor, off the grid, exploration lifestyle, the goal is to own some sort of loser off-roading car, over landing car,  some sort of AMG sprinter van converted mini RV thing, or camper van, no, just having a simple 2010 Prius in cocaine white, is far superior why? Until you could have a vehicle with at least 50 MPG’s, a hybrid car, everything else is not worth it.

Why? even if you had like a cyber truck or a cyber beast, for people who have really really done real road trips, or really driven anywhere outside of the Bay Area or California, 99.9% of the grid is not equipped for Tesla superchargers or electric EV chargers. Like you never see any electric charging stations anywhere!

And note, I’m like one of the biggest Elon Musk and Tesla fan boys of all time. And now that I’m super rich, I could afford like 50 cyber trucks, I still haven’t bought one. Why? Once again… Better to buy one bitcoin than one cyber truck. Because the cyber truck at best might kind of hold its value for another year or two, until it’s steadily loses economic value, until eventually you’ll probably be able to buy one for like $30 or $40 or $50,000. Because once the cyber taxi comes out, everyone’s gonna want to have that instead.

What people don’t understand is a Tesla car is like an iPhone Pro on steroids, that has wheels on it. This is also why you should never buy any sort of expensive non-interchangeable lens digital camera like a Leica Q– it is essentially first of all, a Panasonic Lumix with a body kit, just get the Lumix S9 and 26mm pancake lens instead (my current set up), which is may be superior in performance, smaller and more compact and lighter, and also way cheaper?

And also, there is no physical asset on the planet, no car no vehicle that will ever ever ever ever ever accumulate in value or go up in value. Even if you own some sort of loser super rare Porsche Carrera 911 classic car, or a classic Lamborghini or Ferrari or something, after the maintenance cost and fixing it and whatever… The value of it will essentially plummet Into the negative. Whereas bitcoin is going to the moon and to Mars and beyond. 

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Bitcoin is the only, the first, true digital capital.—