How to Become a Millionaire Blogger

Some honest thoughts:

1. Insane Spartan frugality 

This is what people do not understand or get; technically, if you want to become a millionaire, the goal is actually to never spend any money. Just like Kanye said, “White people make money don’t spend it – but I’d rather buy 80 gold chains and go ignant (ignorant)”.

What that means is don’t buy the Tesla, don’t buy the single-family home, don’t buy the condo, don’t buy these stupid overpriced clothing, don’t buy random stuff at Costco.

What that then means is cancel anything which requires a subscription, and funnel all that money into bitcoin. If you could take that $10 a month, that you’re pissing away into the toilet into Netflix Netflix Hulu Disney+ HBO Max etc.… Or even Spotify… And you could put that into bitcoin? Assuming that bitcoin will 10,000x from here ,,, that $10 a month will become 100 a month, 1000 month, or $10,000 a month.

If I told you with 100% certainty that the Spotify you pay $10 a month, when the future be worth $10,000 a month… Wouldn’t the rational thing to do is to unsubscribe from it and buy bitcoin instead? Obviously!

2. Why bitcoin is hope and optimism 

I think the simple reason why bitcoin is hope and optimism is because the potential that bitcoin could be worth $21 million a bitcoin or whatever. Or if I give you the simple thought that bitcoin will go up, year over year, 25%, compounded interest forever… And you simply plug that into ChatGPT to create you a future graph, wouldn’t you invest your money differently? 

Or even more extreme… If I told you with 100% certainty that bitcoin would go up 55% year over here, for the next 500 years… Wouldn’t you use your money differently? Or not use your money differently? 

3. Having kids

The funny irony is that having kids is actually not expensive. Literally almost 100% of kids stuff you get for free from friends and family, or the Facebook by nothing group. I think the only concern that people have is having to put your kids into daycare, or childcare, which can get expensive.

I don’t think anybody should ever have to pay for childcare. This is where if you have grandparent help, grandma or grandfather on either side… Ideally all of them, all the time, this is the key.

Let us consider, if you’re married, in theory you should have a grandfather and a grandmother on both sides, for grandparents. Even if some people have passed, often you will have at least one or two grandmothers who are more than willing to take care of your kid full-time.

4. Free or nothing

Let us think about it now, at this point clothing is essentially free. If you have to pay money, even $10 to purchase something, it is simply too expensive. Just get it for free. Once again the Facebook group, or even ask friends or family members if you have extra clothes that they don’t wear anymore whether they could give it to you.

I think the real secret to success and riches is to get everything for free! For example, all these celebrities etc.… I don’t think they have ever spent their own money on buying an iPhone, a Samsung phone or whatever. Apparently even Lil Wayne would get Samsung phones for free!

And also cars… I think the logical strategy is to never spend any money to buy a car, ideally you would just get it for free! You might be able to get a free car from a family member who wants to dump it or traded in or whatever, and just fix it up and drive it! Or other successful people that have met, you just buy the car at a car auction, in which you buy some thing at an extreme discount. 

5. Never buy new

Anybody who purchases any new vehicle, is a 100% fool.  Even if you bought a Tesla model three performance, for about $60,000.05 years ago… That car is not only worth about 20 or $25,000. This is the exact opposite of rich, this is a surefire recipe on getting poor.

6. Tax intelligence

My definition of what it means to be a citizen is superior taxes. Yet the intelligent thing is to try to not do anything which can incur capital gains taxes.

This means you buy your bitcoin, and theory, you hold onto it forever… And you just keep accumulating it, rather than selling it, which is a capital gains tax, or even sending it to people, I think in America if you send  bitcoin to other people you have to pay some sort of tax.

Also, the intelligence of being a soul provider, is that you could pretty much file almost anything as a tax deduction! But, to simply purchase things in order to log it as a tax deduction is also a foolish idea.

The supreme idea is to just live insanely frugally!

7. There is no second best

Better to be number one in a very small niche, then to be number two in a big one. 

So whatever business or thing you pursue, ensure that you are number one. Or don’t bother at all?