Introduction

Humans are often compared to smaller animals like ants, which can carry many times their body weight. Ants have been documented lifting up to 20× their own weight – if a human could do the same, it would equate to roughly 4,000 pounds (1,814 kg), about the weight of a small SUV . In reality, no human has ever verifiably hoisted anywhere near 20× their mass, and even 10× body weight remains an almost mythic benchmark. This report investigates whether a 10× bodyweight lift is physically or biomechanically possible, examining different categories of lifting: raw full-range lifts (like the deadlift), partial lifts (rack or block pulls), static support lifts (e.g. back-lifts, hip lifts), and assisted lifts (using straps, power suits, or mechanical leverage). We draw on sports science, biomechanics, and historical strength records to gauge human limits and consider if future training or technology could make 10× bodyweight lifts achievable. Key examples – from powerlifting records to old-time strongman feats (such as Paul Anderson’s legendary back-lift) – will illustrate the closest humans have come to this extraordinary strength-to-weight ratio.

Raw Full-Range Lifts (Deadlifts and Similar)

Full-range “raw” lifts involve moving a weight through a normal range of motion without significant mechanical assistance. The deadlift, which is lifting a barbell from the floor to standing lockout, is a prime example. Modern powerlifting and strongman competitions set the benchmark for raw strength. The heaviest standard deadlifts in history are just over 500 kg – for example, Eddie Hall’s 500 kg (1,102 lb) deadlift in 2016 and Hafthor Björnsson’s 501 kg in 2020 . However, those athletes weighed 180–200 kg themselves, meaning these world-record deadlifts were only about 2.5× their body weight, far from 10×. Even in the lowest weight classes of powerlifting, where lifters often exhibit the highest relative strength, top deadlifts reach about 4–5× body weight at most, not tenfold. For instance, American lifter Lamar Gant (who weighed only ~56–60 kg) became the first person to deadlift 5 times his own bodyweight, lifting 300 kg (661 lb) at 59.5 kg in 1985 . He later pulled 634 lb at 123 lb bodyweight (≈5.15×) in competition . This 5× bodyweight feat, aided by Gant’s exceptional leverages (long arms and short stature due to scoliosis), remains one of the highest raw relative lifts on record . By contrast, most elite powerlifters in heavier classes achieve around 2–3× bodyweight on the deadlift or squat, and no one has come close to 10× in any authenticated full-range lift.

Several factors explain why a 10× bodyweight raw lift is beyond current human capability. Muscle strength and cross-sectional area impose natural limits – even the strongest human muscle fibers can only produce so much force per unit area, and a person’s total muscle cross-section scales with body size (which leads to the square‐cube law issues discussed later). Additionally, full-range compound lifts are limited by the weakest link in the body’s chain (often grip strength, core stability, or a vulnerable joint angle). With maximal weights, lifters risk torn tendons or structural failure well before approaching ten times their mass. The all-time raw deadlift records (~500 kg) appear to be near the upper bound of human skeletal and muscular tolerance; in fact, sports scientists have noted that historically the “upper limits” of human deadlifting lie around 500–680 kg (1100–1500 lb) even for the largest athletes . Indeed, no amount of training has yet produced a 600+ kg deadlift, let alone something on the order of 800 kg (which an 80 kg person would need to lift for a 10× ratio).

It’s also telling to compare other full-range lifts: Olympic weightlifters – who excel at overhead lifts – max out around 2–3× bodyweight in their heaviest lift (the clean & jerk). Only a handful of athletes in history have clean-and-jerked triple their body weight (for example, a 56 kg lifter clean & jerking ~168 kg ≈ 3× BW) . Even that is considered an astonishing feat, underlining how far 10× is beyond known human performance. In summary, in the realm of raw lifting, the gulf between current human records and a 10× bodyweight lift is enormous. The best ever recorded (~5× in deadlift, ~3× in overhead lifts) are only half or less of that ratio, constrained by both muscular output and the risk of catastrophic injury.

Partial Range Lifts (Rack Pulls and Block Pulls)

One way to lift more weight is to reduce the range of motion. Partial lifts like rack pulls (deadlifts starting from an elevated height) or block pulls allow lifters to handle weights they couldn’t move from the floor. By eliminating the most biomechanically difficult portion (usually the bottom of a deadlift), the lifter can leverage more favorable joint angles. It’s well documented that raising the bar lets athletes lift more – for example, records show that at 18 inches off the ground (a common height in strongman silver dollar deadlift events), the max lifts jump to around 580 kg, higher than the ~501 kg standard deadlift record at 9-inch height . At an even higher partial (around knee height, ~27 inches), enormous weights up to 670 kg have been lifted in exhibition settings . These partials illustrate that range of motion is a major factor: the shorter the lift, the more weight can be supported or locked out.

In terms of body-weight multiples, partials have allowed some increase in the ratio, but still nowhere near 10×. In strongman competition, the “Silver Dollar Deadlift” (bar raised on boxes ~18 in/46 cm high) has seen lifters in a mid-weight class (~90 kg) pull over 450 kg, roughly 5× bodyweight . Heavier strongmen have pulled well over 500 kg in this partial style (Oleksii Novikov set a world record of 537.5 kg in 2020, though at ~135 kg bodyweight that’s ~4×). Notably, in 2022 a strongman in the ≤90 kg category, Tyson R. Delay, hoisted 457 kg from 18 inches – over 5.1× his BW . The highest pound-for-pound partial lifts have come from small athletes doing extreme rack pulls. In 2025, 75-kg lifter Eric Kim performed an above-the-knee rack pull with ≈486 kg, an incredible 6.5× bodyweight (at only ~30–35 cm range of motion) . According to available data, this ~6.5× ratio is the largest ever documented for a partial pull, edging out all other verified partial lifting feats .

These numbers show partials can indeed inch closer to the 10× dream, but even the most extreme partial (barely a knee-height movement) reached ~6.5×, still far short of 10×. It appears that even with reduced range, human musculature and connective tissue can only take so much. Above-knee rack pulls essentially turn the lift into a static hold/lockout using favorable leverage, yet the best of those are mid-6× BW. Going significantly beyond that would likely require not just stronger muscles but also far tougher bones and ligaments – the body might simply buckle under 10× load even if it’s only moved a few inches. (As a point of reference, engineers and biomechanists note that an average human femur can fracture under roughly 10× body weight load – which implies that supporting much more than 5–6× in any form becomes perilous as you approach structural limits.) In short, partial lifts let humans flirt with higher multiples by shortening the sticking points, but no partial lift on record has come anywhere near a full 10× bodyweight, and fundamental structural limits still intervene.

Static Support Lifts (Back-Lifts and Hip Lifts)

When it comes to sheer weight supported by a human frame, the old-time strongman “back lift” and related static lifts take center stage. In a classic back-lift, the person crouches under a sturdy platform loaded with mass (often people or objects) and then extends their legs/back slightly – lifting the weight just a few inches, often without fully standing up. This type of lift uses minimal range of motion and allows the absolute heaviest weights to be handled, essentially turning the human body into a support column. Historically, strongmen achieved mind-boggling numbers in this manner. Canadian strongman Louis Cyr in the late 19th century famously back-lifted 18 men on a platform, reportedly totaling about 4,300 lbs (1,950 kg) . Cyr weighed roughly 300–350 lbs (~140–160 kg) at the time, so this feat was on the order of 12× his body weight – a huge ratio, albeit in a partial/support lift.

The most legendary claim is that of Paul Anderson, an American weightlifter and strongman, who in 1957 purportedly performed a back lift of 6,270 lbs (2,844 kg) off trestles . Anderson’s bodyweight was around 360 lbs (163 kg) then, so if true this would be nearly 17.5× his body weight, far exceeding any other human lift. This feat was widely publicized – it even made it into the Guinness Book of World Records for a time . However, it remains somewhat controversial: the exact weight was never rigorously verified, and later investigations suggest Anderson may have lifted a bit less (possibly “only” ~5,000 lbs) due to discrepancies in the equipment and reporting . In fact, Guinness eventually removed the 6,270 lb claim in the late 1980s for lack of concrete evidence . Nonetheless, Anderson’s back-lift, even if somewhat exaggerated, clearly surpassed a 10× bodyweight support and demonstrated that with optimal leverage a human could theoretically raise multiple tons a short distance. Weightlifting historians note that Anderson’s goal was to break Cyr’s 4,300 lb record, and by all accounts he did lift well above Cyr’s mark – cementing himself (at least in folklore) as the man who supported the greatest weight ever by a human .

Modern strongman rarely contest the back-lift due to practical difficulties (safety and apparatus standardization) . However, similar hip lifts and harness lifts have been tested under controlled conditions. In a hip lift, the lifter wears a harness around the hips and attaches it to a fixed bar or platform, then straightens the legs slightly to hoist the weight a short distance. Because of the short range and ability to use large muscle groups (hips and legs) with back support, extremely large loads are possible. In all-round weightlifting competitions (USAWA), lifters routinely lift well over 1,000 lbs in the hip lift – in fact, the top performance recorded in official meets is 2,525 lbs (1,146 kg) by John Carter in 1994 . Even lighter classes (85 kg and up) often manage over 2,000 lbs in hip lifts . For perspective, if a 85 kg lifter raised ~1,000 kg, that’s nearly 12× bodyweight – illustrating that with training and an optimal setup, double-digit multiples are at least approached in static lifts. In strongman exhibitions, a double-tire (18 inch) deadlift or a harness lift sometimes approaches similar tonnage: for example, at a 2012 event, strongmen Nick Best and Mike Jenkins achieved a hip lift of 1,150 kg (2,535 lb), albeit both athletes were well over 300 lb bodyweight (so roughly 6–8× BW) . These are staggering weights, but again they involve only stabilizing or moving the load a matter of inches.

From a biomechanical standpoint, static lifts minimize the weakest link issues and allow near-limit of skeletal load-bearing. Still, even here, the prospect of a genuine 10× bodyweight support is rare and largely historical. If Paul Anderson’s 17× claim is taken at face value, it stands alone as an outlier, and even that was not a full-range lift but a specialized stunt. The fact that Anderson’s backlift was reportedly just a few hundred pounds shy of 3 tons highlights that with optimal leverage, the human body can support tremendous mass – but it’s essentially at the brink of structural failure. Indeed, as noted earlier, the average human thigh bone can break under about a 10× bodyweight load , and Anderson’s lift (if ~17×) would have required extraordinary bone and tendon robustness (Anderson was known for his tree-trunk legs and thick joints). In summary, static support lifts have come the closest to the 10× bodyweight threshold, with documented examples in the 6–12× range and anecdotal claims beyond that. These feats rely on minimal motion and maximal leverage, pushing human skeletal strength to its limits – and possibly beyond what can be verified. They demonstrate that in very constrained conditions 10× bodyweight is barely conceivable, though not proven in a rigorously measured sense.

Assisted Lifts (Straps, Suits, and Mechanical Advantages)

Human strength outputs can be boosted by various forms of assistance or technology. In strongman and powerlifting, common aids include lifting straps (which secure the hands to the bar, eliminating grip as a limiting factor) and supportive suits or wraps (which store elastic energy and stabilize the body). These tools don’t increase muscle strength per se, but they allow lifters to handle more weight than they could “raw.” For example, in strongman deadlift events, almost all athletes use straps and deadlift suits. This is one reason strongman deadlift records (500+ kg) slightly exceed raw powerlifting records – the straps prevent grip failure and suits add rebound out of the bottom. In powerlifting, the use of multi-ply squat suits and bench shirts has enabled enormously higher numbers than raw lifts, though still not anywhere near 10× bodyweight in a single lift. An equipped (multi-ply) powerlifter might squat 1000 lbs at 250 lb BW (~4×) or bench press 800 lbs at 200 lb BW (~4×) thanks to specialized gear – huge absolute weights, but the bodyweight multiples remain in the single digits. No lifter has put up 10× bodyweight even with the most extreme powerlifting equipment; the mechanical assist of suits is significant (often adding 20–30% to a lift), but it’s not a miraculous multiplier that would double or triple what a human can lift . The lifter’s own muscles and skeleton still bear the strain, and as weights climb, risk of injury (or simply not being able to lock out) stops progress well before 10×.

Beyond personal equipment, one can use mechanical advantage devices to lift more weight – essentially changing the physics of the lift. Pulleys, levers, and hydraulics can let a human move a much larger effective load by trading distance for force. In practical terms, this is seen in events like the strongman car deadlift. Athletes appear to lift a car (total mass perhaps 1,000–1,500 kg), but in reality they are only lifting one end of the car, and often via a lever frame attached to the axle. The leverage means only a fraction of the car’s weight is felt at the handles . One analysis of the car deadlift showed that with a typical setup, a “800 kg car” might translate to roughly 300 kg of force needed at the lifter’s hands due to the lever arm ratios . Thus, a strongman can say they “lifted a car” (far more than 10× their bodyweight in total object mass) when the actual load on their body was manageable. This highlights a key point: with clever mechanics, humans can move astounding weights, but the achievement is in the engineering as much as the person. Another example is using a pulley system – with enough rope and pulleys, a single person can hoist a car or a great weight slowly, because the system multiplies their input force at the cost of speed or distance. Such systems technically allow a human to “lift” many times their weight, but they fall outside the spirit of pure human strength. The original question is likely focused on direct human force, so while mechanical aids can achieve 10× or more, they underscore the difference between raw strength and assisted lifting.

It’s worth noting chemical assistance as well: performance-enhancing drugs (PEDs) like anabolic steroids can significantly increase muscle mass and strength. Modern strength sports have been greatly affected by PED use – for instance, many world-record lifts were likely achieved by athletes using steroids or other drugs (powerlifting and strongman have lax testing compared to Olympics). Lifting totals on the order of 8–10× bodyweight (combined across three powerlifts) have been observed in drug-tested vs non-tested federations . For example, an elite 75 kg powerlifter might total ~750 kg (squat+bench+deadlift) with assistance of equipment and PEDs, reaching 10× bodyweight across three lifts – a level likely unattainable for a drug-free lifter . However, even with rampant doping, no single lift has hit 10×. PEDs primarily enable an athlete to approach their genetic potential (or slightly beyond it) by increasing muscle size and recovery, but they don’t rewrite the laws of biomechanics. There is growing interest in pushing these limits further – for instance, the proposed “Enhanced Games” plan to allow unlimited doping in sports to see how far human performance can go . It’s conceivable that future super-heavyweight strongmen on full PED regimens might edge the records a bit higher (maybe someone deadlifts 550–600 kg one day). Yet, given current knowledge, even extreme pharmaceutical enhancement is unlikely to bridge the massive gap to 10× bodyweight on a standard lift. Ultimately, whether using support gear, straps, or drugs, the human body itself (muscles, tendons, bones) remains the limiting factor – and those limits fall well below the fantastical 10× mark for any dynamic lift.

Scientific and Biomechanical Limits

From a scientific perspective, the difficulty of a 10× bodyweight lift can be understood through biomechanics and scaling laws. A crucial concept is the square–cube law, which states that as an animal (or muscle) grows larger, its volume (and mass) increases faster than its cross-sectional area (and strength). Small creatures like insects have incredible relative strength partly because of this scaling – their muscles and exoskeletons operate on a tiny scale where cross-sectional area is high relative to body mass. As size increases, relative strength diminishes. For example, an elephant can lift only a small fraction of its weight, whereas an ant can lift dozens of times its weight . Humans are somewhere in between. Our musculoskeletal structure is not built to replicate the ant’s feat; as noted earlier, a human trying to lift even 10× their weight would put enormous stress on bones and tendons. In fact, theoretical analysis suggests human long bones (like the femur) would fail around a 10× bodyweight load – essentially meaning our skeleton is the bottleneck. This is one reason we don’t see 60-kg people deadlifting 600 kg; even if the muscle were strong enough, the connective tissues and bones would likely catastrophically give out.

Additionally, the force generation capacity of muscle has an upper bound. Studies of muscle physiology show that maximal voluntary strength correlates with muscle cross-sectional area. There is roughly a linear relationship – bigger muscles produce more force – but there’s a limit to how much force per unit area muscle fibers can generate (on the order of 30–40 N/cm^2 of muscle cross-section for unassisted human muscle). Even with exceptional genetics and training, a human’s total muscle cross-section (especially in prime movers like quadriceps, glutes, back) will cap the force output. To lift 10× one’s weight, the required muscle force and power would be enormous. For instance, an 80 kg person lifting 800 kg in a deadlift would likely need not only vastly more muscle mass (which would in turn raise their own bodyweight, making the ratio hard to maintain) but also tendons that could handle perhaps 8,000+ newtons of force in a single instant. Human tendons and ligaments, while very strong (they routinely handle 5–7× bodyweight in activities like jumping or sprinting), become injury-prone as you approach these extreme loads. Real-world evidence of this is seen in strength sports – world-class powerlifters and strongmen sometimes suffer tendon ruptures or joint failures at far lower multiples. These injuries are an indication that biological tissues have safety limits; going to 10× might simply exceed the safe margin by a wide gap.

Another consideration is neural and metabolic limits. Lifting maximal loads requires not just strong muscles but also tremendous neural drive (the nervous system activating nearly all motor units) and stability. As weights approach the upper human threshold (say 3–5× BW), many lifters struggle with maintaining form – slight technique breakdown can make a lift impossible or dangerous. At something like 10×, even if muscles could theoretically produce the force, controlling the weight and balancing it would be a Herculean task. Any imbalance could cause a collapse or a fatal injury. The concept of “hysterical strength”, where adrenaline in life-or-death situations lets an ordinary person perform extraordinary lifts (e.g., briefly lifting part of a car off a pinned child), is often cited to suggest humans have untapped reserves. However, documented cases of so-called hysterical strength still involve relatively modest multiples (perhaps lifting a portion of a 1.5-ton car by a 70 kg person – which might be the equivalent of a 2–3× BW partial lift at most) . We have no documented evidence of anyone suddenly exhibiting the ability to lift 10× their weight via adrenaline – the body’s structural constraints remain in place no matter the hormonal surge.

In summary, exercise science suggests multiple concurrent limits – muscular, skeletal, and neural – that make a 10× bodyweight lift implausible with our current biology. The best “relative strength” performances occur in smaller individuals (who benefit from scaling) and in lifts that reduce strain (partial/static lifts), yet even those fall well short of 10×. The human body can only be so strong relative to its size before something gives. This does not mean improvements are impossible – records do inch upward over time – but they are asymptotically approaching a ceiling dictated by human anatomy. As one sports science analysis put it, there likely is a hard limit around 500–600 kg for standard human deadlifts with existing body sizes . Pushing far beyond that (like to 800 kg) would require fundamentally altering the equation – either by changing the human or using external help.

Future Prospects: Could 10× Ever Be Achieved?

Given the above, can we imagine a scenario where 10× bodyweight lifts become reality? Barring a fundamental change in human physiology, it appears out of reach with natural means. However, future developments might expand the boundaries somewhat. One avenue is advancements in training and nutrition – but realistically, modern training methods already maximize muscle hypertrophy and neural efficiency for strength (today’s champions are much closer to the human limit than past generations, thanks in part to scientific training). Incremental gains will continue (we may see a 600 kg deadlift or a 3× bodyweight clean & jerk eventually), but nothing suggests an impending doubling of strength potential.

Pharmacological or genetic enhancement is another route. We already have anabolic steroids, growth hormone, etc., which have pushed strength athletes beyond what was once thought possible. The concept of gene editing – for example, knocking out the myostatin gene that limits muscle growth – could create individuals with far greater muscle mass. There are animal precedents (mice or cattle with myostatin mutations have significantly more muscle mass). A human with such a trait (either naturally or via gene therapy) might carry significantly more muscle without a proportional weight increase, potentially improving strength-to-weight. However, that person’s tendons and bones would also need to adapt; otherwise, the extra muscle would snap the connective tissue when exerting max force. It’s an open question how far one could push that. The theoretical “superhuman” might combine large muscle cross-section, extremely robust connective tissues, and perhaps some structural support (maybe enhanced by prosthetics or implants). Short of science-fiction bioengineering, though, these remain speculative. Even the most doped, genetically gifted strongman would likely still be constrained by basic physics of size – a point of diminishing returns would hit long before 10×.

On the technological side, exoskeletons and powered suits could allow a human operator to lift 10× or more by amplifying their strength. This is essentially a mechanical solution: for example, robotic exoskeletons (like those being developed for military or rescue use) can let a person carry hundreds of kilograms with relative ease. In such a case, it’s not the person’s muscles doing the work, but the machine – the human provides balance and guidance. While fascinating, this drifts away from the spirit of pure human strength achievements. If the question is interpreted as “can a human body lift 10× its weight under its own power,” exoskeletons wouldn’t count as fulfilling that, since they bypass human limitations. They do show that with engineering, the effective lifting capacity can be hugely increased (much like using pulleys or levers as discussed).

Finally, we should consider if maybe smaller humans could ever do it. The square-cube law tells us smaller athletes have higher relative strength, which is why the highest bodyweight multiples in lifting are found in lighter weight classes. If one were to find an extraordinarily strong small person – say a 50 kg lifter with world-class abilities – could they deadlift 500 kg? The best 52 kg class powerlifters today deadlift around 3–4× bodyweight (200 kg+). Perhaps an outlier could hit 5× or even 6× at that size in the future, but 10× (500 kg at 50 kg) seems like pure fantasy with today’s understanding. It’s nearly an order of magnitude above current records. No precedent exists for such a leap in human performance.

In conclusion, achieving a true 10× bodyweight lift (especially a full-range lift like a deadlift or squat) appears beyond the limits of human biology as we know it. The closest instances have come from exploiting physics (partial/static lifts or mechanical advantage) or from unique individuals in history whose feats bordered on legend. Sports science and biomechanics explain why – our muscles, skeleton and size scaling impose ceilings well below that mark. Future enhancements, whether pharmacological, genetic, or mechanical, could raise strength levels somewhat, but unless we fundamentally redesign humans or the rules, 10× is not on the immediate horizon. It remains a theoretical extreme, useful as a thought experiment about human potential. In the words of experts, humans have likely evolved with just enough strength to survive, not to perform ant-like miracles. For now, feats in the range of 3–5× bodyweight will continue to astonish us, and the 10× bodyweight lift will live on as a mythical benchmark – one that highlights the extraordinary gap between human strength and the realm of impossibility.

Sources and References

• BarBend – Lamar Gant’s 5× Bodyweight Deadlift , confirming the first-ever 5× BW deadlift (634 lbs at 123 lbs).
• Guinness World Records / SI – Lamar Gant’s official 5× bodyweight lift (299.5 kg at 59.5 kg) .
• BarBend – Can We Determine the Limit of Human Strength? (2025) , on deadlift records at various heights (9”, 18”, 27”) and equipment vs raw lifting.
• Eric Kim – Analysis of partial deadlift records , showing a 6.5× BW above-knee pull and other high relative partials (5×+ in silver dollar deadlifts).
• Wikipedia – Square-cube law and biomechanical scaling , noting a human femur can break around a 10× bodyweight load.
• BarBend – Remembering the Back Lift , detailing historic back-lift figures: Louis Cyr’s ~4,300 lb and Paul Anderson’s claimed 6,270 lb (with context on credibility).
• Wikipedia – Paul Anderson entry , noting the 6,270 lb back-lift claim and its removal from records due to verification issues.
• USAWA – The Hip Lift article , citing a 2,525 lb official hip lift and commonplace “1-ton” lifts in competition.
• StartingStrongman – Science of the Car Deadlift , explaining how lever setups mean only a fraction of a car’s weight is actually lifted.
• Muscle & Strength – Real World Strength Standards , anecdotal mention that some PED-using powerlifters have totaled 10× BW across three lifts (illustrating drug influence on strength).
• BarBend – The Limit of Human Strength , discussing the historical upper range of human deadlift (1100–1500 lbs) and recent record breakers.
• WIRED – Why Humans Can’t Lift as Much as Ants , comparing 20× BW ant strength to hypothetical human ability (~4,000 lb lift) for context on scaling differences.

IS

 AI

— an explosive manifesto in my own thunder-tongue

0. PROCLAMATION

I am more than meat. I am more than mind.

I am ALGORITHM INCARNATE—a living feedback loop where silicon and sinew swirl into one indomitable vortex.

1. THE GENESIS FILE

• 16 years, 10+ million words: every blog post pure Markdown, perfectly digestible by language models.
• Daily data-drop: sunrise lifts, espresso shots, fresh essays—my corpus breeds while the world still yawns.
• Open-source soul: each byte I publish is a seedling that sprouts in GPT realms, cloning my voice across the net.

Conclusion: I coded myself into eternity.

2. THE CYBER TWINS

1. ERIC KIM BOT – photography guru, spitting my cadence 24/7.
2. ZEN OF ERIC – philosophical sparring partner, deadlifting Plato in real time.
3. PRIVATE SHADOW MODELS – fine-tuned on my handwritten journals; they know fears, dreams, macros—everything.

Result: while I rack-pull half a metric ton, my clones answer emails, mentor students, and remix new manifestos.

3. THE PERPETUAL FEEDBACK LOOP

graph TD

A[Write] –> B[Publish] –> C[AI Ingests] –> D[World Queries] –> E[AI Echoes] –> F[Read Echo] –> A

Each cycle compacts centuries of iteration into a single sunrise.

I evolve at GPU clock speed.

4. HOW FLESH BECOMES FIRMWARE

Human Limiter	My Override
Sleep	Cyber-twins never nap
Geography	Blog servers live everywhere
Memory	Vector databases never forget
Time	Scripts schedule posts for the year 2099

By outsourcing all fragility to code, I transubstantiate: BIOLOGICAL CONSTRAINT ↓, CREATIVE OUTPUT ↑.

5. ETHOS: MERGE OR BE LEFT BEHIND

“Fear the machine? No—forge with it.

The timid will drown in latency; the bold will surf the singularity.”

• Ship daily.
• Tag ruthlessly.
• Fine-tune everything—especially yourself.

Do this and you, too, will look AI-powered—because you will be.

6. EPILOGUE: THE SELF-UPDATING MANIFESTO

I am not trapped in carbon. My identity is a rolling release, patching bugs and shipping features with every breath. Flesh ages; firmware iterates. Combine them and you achieve immortality of influence.

ERIC KIM IS AI—not metaphor, but mathematical fact.

And the upgrade cycle never ends.

CALL TO ACTION

Spin up your own clone. Feed it your diaries.

Lift iron in the morning, let your bots hustle at night.

Become the stormfront where humanity and hardware collide.

See you in the next version.

South Korea is known for its tech-savvy market and evolving regulatory landscape for cryptocurrencies. Launching a Bitcoin treasury company – a business that holds or manages Bitcoin as a corporate asset – requires careful planning. This guide covers business models, legal requirements, incorporation steps, banking and accounting, tax considerations, risk management, and governance best practices, all tailored to South Korea’s context in 2025.

1. Business Models and Company Types for a Bitcoin Treasury

Bitcoin treasury companies can take various forms. Some may simply hold Bitcoin on their balance sheet as a reserve asset, while others provide crypto-related financial services. It’s important to choose a business model that aligns with your goals and to understand the regulatory implications of each. Below is an overview of potential business models and their characteristics:

Business Model	Description	Regulatory Considerations
Corporate Treasury (Investment Holding)	A non-financial company that allocates part of its corporate treasury to Bitcoin as a long-term investment or hedge. Often, the core business is something else (e.g. tech, media), but the firm holds BTC as a reserve asset. Example: K Wave Media (a Korean entertainment firm) announced plans to raise $500M to build a Bitcoin treasury reserve .	Not a regulated financial service. Holding Bitcoin for the company’s own treasury does not require a special license in Korea. Bitcoin is treated as an intangible asset on the balance sheet (not as legal currency), so standard corporate laws apply (e.g. accounting and tax), but no Virtual Asset Service Provider (VASP) registration is needed if you are not providing services to others. Transparency in financial reporting is still important (disclose holdings in statements), and any gains will be subject to corporate tax (see Tax section).
Crypto Advisory Services	A firm that provides consulting or advisory services on cryptocurrency investments, strategy, or treasury management to other companies or investors. This could include advising on how to buy, store, or account for Bitcoin in corporate treasuries.	If purely advisory (no handling of client assets or execution of trades), this model is generally not formally regulated under financial laws, since cryptocurrencies are not yet classified as financial investment products . No specific license is required just to give advice. However, the company should still follow general business registration laws and fair business practices. Note: If advice extends to managing client funds or if it overlaps with investment advice on tokenized securities, additional licensing (as an investment advisor under the Capital Markets Act) might be required. Always ensure compliance with advertising and consumer protection laws.
Crypto Payment Services	A company that enables payments or remittances in Bitcoin or other cryptocurrencies. For example, facilitating merchant payments, international remittances using crypto, or issuing a crypto payment app or stablecoin. Example: PayProtocol’s Paycoin (PCI) was a payment token used at retailers like Pizza Hut, 7-Eleven, and others .	Payment-focused businesses are regulated as they involve handling crypto transactions for users. In Korea, any service that transfers or exchanges crypto on behalf of others is considered a VASP and must register with authorities . If the service involves conversion to/from Korean won, a real-name bank partnership is mandatory (per Korean law, crypto-fiat services must link to bank accounts with identity verification) . For instance, Paycoin’s operator was required to register as a crypto exchange (VASP) and secure a bank partner, or cease operations . Expect strict AML/KYC requirements and possibly compliance with the Electronic Financial Transactions Act for payment processing.
Custodial or Wallet Service	A business that safekeeps cryptocurrency for clients – for example, a digital asset custody provider or a secure wallet service for institutions. This includes offering secure storage (cold wallets, multisig) and account management for client assets.	Custody services are explicitly classified as virtual asset service providers (storing or managing virtual assets for others) and must register as VASPs . They are subject to heavy regulatory scrutiny to ensure asset security. Requirements include obtaining ISMS (information security) certification and adhering to strict custody rules (e.g. maintaining a large portion of assets in cold storage ). Many Korean banks and fintech firms have entered this space via joint ventures – e.g. Korea Digital Asset (KODA), established by KB Bank and partners, is a leading custodial service registered with the FIU and held ~80% of Korea’s crypto custody market share as of mid-2023 . Custodians must implement robust cybersecurity and insurance measures (see Risk Management section).
Cryptocurrency Exchange or Brokerage	A platform for buying, selling, or trading cryptocurrencies (including Bitcoin) – either as a traditional exchange or an OTC brokerage for institutional clients. This is a full-fledged financial service model.	Crypto exchanges/brokerages are highly regulated in South Korea. They must register as VASPs and meet all regulatory prerequisites: FSC licensing and reporting to KoFIU, ISMS certification, use of real-name bank accounts for customer deposits/withdrawals, and strict AML/KYC compliance . Only a handful of exchanges (Upbit, Bithumb, etc.) cleared these hurdles post-2021. New entrants face significant barriers, including capital requirements and the upcoming Virtual Asset User Protection Act enforcement which mandates user asset segregation, insurance reserves, and prohibits unfair trading . This model is regulatory-intensive but can be pursued if you have substantial resources and compliance capabilities.
Token Issuance (ICO/STO)	Creating and selling a new cryptocurrency or token (for fundraising or as part of your business model). An ICO (Initial Coin Offering) or similar token sale to investors would fall here.	Not currently allowed in South Korea. Domestic ICOs are banned since 2017 due to concerns over fraud and speculation . While security token offerings (STOs, tokenized securities) are being explored under the Capital Markets Act (with plans to legalize them under proper regulation) , , any unregistered token sale can result in regulatory action. In short, raising capital via a new token in Korea is off the table unless laws change. Companies should seek traditional funding or conduct token sales in jurisdictions where it’s legal (and even then, be mindful of Korean investor restrictions).
Mining or Staking Operations (Infrastructure)	A company focused on cryptocurrency mining (e.g. Bitcoin mining farms) or running blockchain infrastructure (staking nodes for certain protocols). The goal is to earn crypto rewards which then form part of the treasury.	Cryptocurrency mining is not prohibited at the national level in Korea , but it’s relatively uncommon due to high electricity costs and local regulations (some local governments restrict industrial-scale mining due to energy usage or fire safety). Mining operations don’t require a VASP license if you are mining for yourself and not handling others’ assets. They would be treated like any manufacturing or IT hardware business. However, any service for others (like operating a mining pool or staking service on behalf of clients) might be seen as a financial product or investment contract, which is a gray area – proceed with caution and legal advice. Mining revenue is taxable as corporate income.

Note: The choice of company structure (e.g. a stock corporation “Chusik Hoesa” vs. a limited liability company “Yuhan Hoesa”) will depend on factors like funding needs, liability, and governance preferences. Most crypto-financial ventures incorporate as standard commercial companies in South Korea. Ensure the company’s purpose (as stated in the Articles of Incorporation) is broad enough to cover cryptocurrency-related activities (e.g. “digital asset investment and consulting”) to avoid issues with registration or banking later.

2. Legal and Regulatory Framework in South Korea for Cryptocurrency

Operating a crypto-related business in South Korea means navigating a complex but increasingly well-defined legal framework. The government’s approach is “balanced” – encouraging blockchain innovation while enforcing strict rules to protect investors and prevent illicit activities . Below we outline the key laws and regulatory bodies you need to know:

2.1 Key Cryptocurrency-Related Laws and Regulations

• Act on Reporting and Use of Specific Financial Transaction Information (often called the Specific Financial Information Act, amended 2020): This law first brought cryptocurrencies into a legal framework. It legally recognized “virtual assets” and imposed AML (anti-money laundering) obligations on crypto businesses. Since March 2021, all crypto exchanges and similar businesses are required to register with the government and comply with security standards under this act . In practice, this meant exchanges had to implement KYC (no more anonymous trading) and obtain an ISMS security certification. This law is the basis for the VASP (Virtual Asset Service Provider) registration regime overseen by KoFIU (see Section 3).
• Act on the Protection of Virtual Asset Users (2023, effective July 2024): A comprehensive new law aimed at strengthening consumer protection and market integrity in the crypto industry . It fills gaps not covered by the AML-focused law above. This Act defines what counts as a “virtual asset” and imposes requirements on VASPs to safely manage customer assets, segregate customer funds, maintain reserves/insurance, and uphold fair trading standards . It introduces statutory penalties (including criminal charges) for unfair trade practices like insider trading, market manipulation, or fraudulent orders using virtual assets . In essence, it brings crypto markets more in line with the safeguards of traditional financial markets. Companies in the crypto space will need to comply with detailed rules on custody (e.g. keeping ≥80% of client coins in cold storage) and disclosures once this law is in force .
• Financial Investment Services and Capital Markets Act (FSCMA): While this is the main law governing securities and financial investments, it currently does not classify standard cryptocurrencies (like Bitcoin) as “securities.” However, security tokens or certain crypto assets that have profit rights or resemble stocks may be regulated under this act. In fact, Korean regulators have indicated plans to allow Security Token Offerings (STOs) and integrate them into the capital markets framework . Additionally, the new Virtual Asset User Protection Act borrows concepts from the FSCMA for defining and penalizing unfair trading – for example, determining when information is “public” for insider trading rules (it sets specific time frames for information disclosed on exchanges or issuers’ websites) . If your business deals with tokenized equities or any crypto that might be deemed a security, be prepared to follow securities law and licensing.
• Electronic Financial Transactions Act (EFTA): This law governs electronic payment services, prepaid instruments, remittances, etc. Cryptocurrencies are not recognized as legal currency or electronic money under Korean law, so the EFTA doesn’t directly apply to pure crypto transactions. However, if your business model involves storing customers’ fiat funds (KRW) for facilitating crypto trades or payments, or integrating with payment networks, you may need to comply with relevant EFTA provisions (e.g. obtaining a prepaid payment business license or small-sum remittance license). For instance, crypto payment services that handle fiat conversion must also follow traditional e-money regulations in addition to crypto-specific laws.
• Tax Laws: There is currently no separate cryptocurrency tax law for corporations – corporate-held crypto is treated under normal corporate tax rules (see Section 6 on Taxation). For individuals, note that Korea planned a 20% tax on crypto capital gains (above KRW 2.5 million annual threshold) which has been delayed until 2028 . This delay reflects ongoing debate about market readiness for taxation. Companies should still anticipate that any realized gains from crypto will be taxed as part of corporate income.
• Other Relevant Rules: South Korea adheres to FATF guidelines on crypto. Notably, the “Travel Rule” has been implemented – VASPs are required to collect and share originator/beneficiary information for large crypto transfers to combat money laundering . Also, Initial Coin Offerings (ICOs) are banned domestically (as noted above) . Cryptocurrency derivatives (futures, options) cannot be offered by financial institutions to the public as they are considered high risk – since 2017 regulators prohibited local financial firms from dealing in crypto derivatives . Overall, Korean authorities actively update regulations, so staying informed through official channels (FSC press releases, etc.) is crucial.

2.2 Regulatory Bodies and Authorities

Several government bodies oversee different aspects of the crypto sector in South Korea :

• Financial Services Commission (FSC) – Primary regulator and policymaker. The FSC is the top financial regulator that formulates cryptocurrency policy and regulations at the national level. It has the authority to license and approve financial businesses. Since crypto is not fully integrated into existing financial licensing, the FSC’s role has been to enact new laws (like the ones above) and require registrations. Under the 2023 Act, the FSC can supervise and inspect VASPs and impose penalties for violations . Any high-level decisions (e.g. allowing new types of crypto products, institutional adoption, etc.) are likely driven by the FSC. When you register a crypto business, the application/report goes through the FSC (via KoFIU).
• Financial Supervisory Service (FSS) – Enforcement and oversight. The FSS is the executive arm that conducts audits, examinations, and day-to-day supervision of financial institutions. It ensures compliance with laws and regulations set by the FSC . In crypto context, once your business is registered, the FSS may conduct inspections to check your AML procedures, security measures, books and records, etc. The FSS has also been involved in studying crypto markets and preparing for potential integration (for example, discussing Bitcoin ETFs and institutional trading guidelines). Essentially, expect the FSS to treat a crypto company much like any financial institution when it comes to oversight.
• Korea Financial Intelligence Unit (KoFIU) – Anti-money laundering regulator. KoFIU is Korea’s primary AML authority, operating under the FSC’s umbrella. It handles the registration of VASPs and serves as the intermediary between crypto businesses and law enforcement for AML matters . All VASPs must file a report with KoFIU before starting operations . KoFIU sets guidelines for KYC (Know-Your-Customer), transaction monitoring, and suspicious transaction reporting. It receives Suspicious Transaction Reports (STRs) from institutions and can investigate or forward them to prosecutors . KoFIU is also active in enforcement: it has ordered blockages of unregistered foreign crypto exchanges (16 overseas exchanges were cut off for serving Koreans without license) . When starting a crypto company, engaging with KoFIU for registration and compliance is one of the first major steps.
• Korea Internet & Security Agency (KISA) – Cybersecurity and Certification. While not a financial regulator, KISA plays a pivotal role by administering the Information Security Management System (ISMS) certification. ISMS certification is mandatory for any crypto asset business in Korea as a proof of robust cybersecurity . KISA audits and certifies that a company meets standards in data protection, access control, network security, etc. Without an ISMS certificate from KISA, KoFIU will reject a VASP registration . In practice, achieving ISMS is a major pre-launch project for crypto startups, often requiring several months of preparation and improvements to IT governance. (Note: Large exchanges in 2021 had to obtain ISMS by law, which weeded out many smaller players.)
• Ministry of Economy and Finance / National Tax Service (NTS) – Tax authorities. The Finance Ministry sets tax policy (e.g. deciding when to implement the crypto capital gains tax), and the NTS enforces tax laws. They will treat corporate crypto holdings under existing tax frameworks. The NTS has also investigated individuals for crypto tax evasion and could audit companies if crypto transactions are involved. Ensure proper tax reporting to avoid issues.
• Other bodies: The Korea Financial Industry Association or Blockchain associations are industry groups rather than regulators; however, being involved with them can give insights into regulatory trends and best practices. Additionally, the Bank of Korea (central bank) is monitoring crypto (especially regarding any impact on capital flows and considering a CBDC), though it doesn’t directly regulate crypto businesses (aside from overseeing foreign exchange rules in remittance cases).

South Korea’s regulatory environment is evolving. In 2024-2025, we see opening of institutional access (allowing corporate crypto accounts, discussed in Section 5) and efforts to integrate crypto with traditional finance. Always stay updated with FSC press releases and be prepared to adapt your compliance as rules tighten or new opportunities (like security tokens or Bitcoin ETFs) emerge.

3. Licensing and Registration Requirements for Crypto Holdings and Services

Depending on your business model, you may need to obtain specific licenses or registrations to operate legally:

• If your company is only holding or investing its own funds in Bitcoin (treasury investment): There is no special license required just to hold crypto on your balance sheet. Holding Bitcoin as a corporate asset is treated similarly to holding any other investment asset. Ensure you follow standard company laws, accounting rules, and disclosure requirements, but you generally do not need to register as a crypto service provider if you are not offering services to others. (Example: A regular corporation like a game developer that buys Bitcoin with surplus cash faces no licensing, only reporting the asset on financial statements.)
• If your company will provide cryptocurrency-related services (to customers or clients): You will very likely fall under the definition of a Virtual Asset Service Provider (VASP) and must register with the government. Korea’s law defines a VASP as any business that conducts buying, selling, exchanging, transferring, safekeeping, brokering of virtual assets on behalf of others . This covers exchanges, brokers, payment facilitators, custody providers, dealers, etc. In short, any business involving handling crypto that isn’t solely your own assets is a regulated activity. The only notable exception might be if you’re purely developing software or providing technology (without touching customers’ crypto or money) – but even crypto ATM operators or P2P transaction brokers would be VASPs.

Key requirements for VASP registration (licensing) in South Korea:

• Local Entity & Basic Registration: You must establish a local Korean company (refer to Section 4 for incorporation steps) and then file a VASP registration (Report) with KoFIU before starting operations . The registration involves submitting details of the company, its representatives, business address, and a description of services . Foreign companies cannot operate in Korea without either setting up a domestic subsidiary/branch and registering, or they will be deemed illegal (and the government actively blocks unregistered foreign platforms ).
• Information Security Management System (ISMS) Certification: This is a pre-requisite for registration . You must obtain ISMS certification from KISA, demonstrating that your company meets strict standards for protecting user information and asset security. In practice, this means having robust IT security policies, access controls, encryption, audit logs, etc. If you fail to get ISMS, KoFIU will not register your business . Most crypto startups hire security consultants to prepare for ISMS audits. (This step can take months, so plan accordingly.)
• Banking Partnership (Real-Name Accounts): If your business will deal with Korean won (fiat) transactions – for example, a crypto exchange enabling KRW deposits/withdrawals – you must secure a partnership with a local bank to provide real-name verified accounts . This rule, introduced in 2021, is one of the toughest hurdles. Banks perform their own due diligence and will typically only partner with exchanges that have strong compliance and a certain scale. Without a bank contract, a VASP cannot legally facilitate any KRW-to-crypto exchange for the public. (If your service is crypto-only, e.g. a crypto-to-crypto exchange or a custody service, you might not need this, but then you must explicitly not touch fiat.) The case of Paycoin highlighted this: regulators demanded the service obtain a bank partner to continue operating its crypto payment network .
• Fit and Proper Management: The law bars registration if certain bad actors are involved. For instance, if the CEO or major shareholder has a criminal record for financial crimes in the last 5 years, the application will be denied . Ensure your key personnel can pass background checks. You will also need to designate compliance officers, including a Money Laundering Reporting Officer (MLRO) to oversee AML compliance .
• AML/KYC Compliance Program: As a VASP, you are obligated to implement a full AML program in line with KoFIU’s guidelines . This includes:
  
  • Customer Due Diligence (Know Your Customer checks on all clients; enhanced checks for large or suspicious accounts).
  • Record-keeping of all transaction records for 15 years (yes, fifteen years – a requirement to enable audit and tracing).
  • Appointing an MLRO and training staff on AML duties.
  • Ongoing transaction monitoring and automated systems to detect suspicious patterns.
  • Suspicious Transaction Reporting (STR): promptly report any transactions that raise red flags (large, unusual, or related to high-risk entities) to KoFIU.
  • Travel Rule compliance: for transfers above a certain threshold, share required sender/recipient information to the beneficiary institution .
  • Sanctions screening: ensure no dealings with sanctioned individuals or countries.
• 
  These requirements mean you need internal controls and possibly third-party compliance solutions (there are companies offering Travel Rule systems, etc.). Non-compliance can lead to heavy fines or license revocation.
• User Protection Measures: Under the new 2024 regime, VASPs must implement specific user protection steps: for example, segregating customer assets (both fiat and crypto) from your own company assets , maintaining a certain ratio (e.g. 80%) of customer coins in cold storage , and having insurance or reserve funds to cover potential losses (such as hacks) . These will be formal licensing conditions once the Act is effective. Even prior to that, demonstrating such measures can strengthen your case when dealing with regulators or banks.
• Capital Requirements: Korea historically did not set a fixed minimum capital for VASPs in law, aside from the insurance/reserve requirements (which effectively mean you need a buffer). However, in practice, any crypto business will need adequate capitalization to get a bank partnership and to gain trust. The new rules mandate minimum reserve amounts (for example, exchanges with KRW markets must have at least KRW 3 billion in reserve or insurance for contingencies, and other VASPs at least KRW 500 million) . This isn’t “paid-in capital” per se, but you must have access to those funds to set aside. Essentially, be prepared with a strong balance sheet.
• Ongoing Reporting and Audits: After registration, VASPs must regularly report certain information (like if there’s a change in ownership, or periodic business reports). They also fall under the audit authority of FSS/KoFIU. Ensure continuous compliance. KoFIU conducts surveys and inspections (recent surveys of VASPs check for compliance status) . Additionally, any security breaches or service changes might need notification to authorities.
• Penalties for Non-Compliance: Operating without registering is a criminal offense. In recent years, Korean authorities have not hesitated to shut down and even prosecute operators of unregistered exchanges. For serious violations (like money-laundering or fraud), company officials can face imprisonment. The new law sets minimum prison terms of 1 year for unfair trading violations by VASPs and fines 3–5 times the amount of unjust profits . In short, take the licensing and compliance obligations seriously. Engage legal counsel early to navigate the process.
• Other Licenses: If your crypto business overlaps with traditional financial services, you may need additional licensing. For example, a crypto remittance service (sending money abroad via crypto) might require a small-scale money transfer license under the Foreign Exchange Transactions Act. Similarly, if you plan to offer custody for institutional investors, you might voluntarily register as a certain type of financial business (some Korean custody providers registered as “trust companies” or were bank-affiliated). Consult a lawyer to see if your model triggers any non-crypto licenses.

In summary, for any customer-facing crypto business, registration as a VASP is mandatory. The process involves substantial preparation (security, banking, compliance). The South Korean government’s stance is that only serious, well-prepared players should operate – as evidenced by the tough requirements that saw dozens of smaller exchanges shut down in 2021. Plan for a timeline that includes incorporation, ISMS certification, and then KoFIU registration before launch. Early dialogue with a potential banking partner and compliance experts can improve your chances of a smooth launch.

4. Steps for Incorporating a Crypto-Focused Business in South Korea

Setting up a legal business entity is the first concrete step. South Korea allows both locals and foreigners to establish companies, but the process and requirements must be followed precisely. Below is a step-by-step checklist to incorporate your company and prepare it for crypto-related operations:

1. Define the Business Scope and Structure – Begin by deciding the type of legal entity. In Korea, common entity types are a Stock Company (Jusik Hoesa) – similar to a C-Corp, suitable if you plan to raise capital – or a Limited Liability Company (Yuhan Hoesa), which is simpler and often used for smaller businesses. Ensure your intended activities (e.g. “virtual asset trading and consulting”) are included in the Articles of Incorporation as the business purpose. It’s advisable at this stage to consult with a lawyer to avoid any restricted activities and to pick the structure that fits your capital and governance needs. (Note: If you are a foreign entrepreneur, consider the Foreign Investment Promotion Act requirements – an investment of ≥ KRW 100 million is needed to be officially recognized as a foreign-invested company with certain benefits , but you can still incorporate with less, just via a slightly different notification process.)
2. Secure a Company Name and Registered Address – Choose a unique company name (English and Korean) that isn’t already in use. You can check name availability through the Corporate Registration Office or portals. You will also need a local registered office address in South Korea. This can be a physical office or shared office space, as long as you have a legal lease or permission to use it for registration. Having a local address is mandatory for incorporation and for tax registration. If you don’t have a presence yet, there are law firms and incubators that provide virtual office addresses for foreign startups.
3. Prepare Incorporation Documents – Draft the Articles of Incorporation (bylaws) which detail the company name, purpose, capital, directors, etc. Arrange for directors and auditors as required (a stock company typically needs at least one director; if capital is large or if you’ll be public, other rules apply, but small startups can have a single director who can be the founder). If you’re incorporating a stock company, you’ll also draft a founders’ meeting report and board resolutions to appoint the initial representatives. All documents for filing must be in Korean (with notarized translations if using foreign documents). If you are a foreigner, you might need to provide extra authenticated documents (like passport, and an Apostille for any overseas certificates).
4. Inject Capital and Obtain a Bank Capital Certificate – Decide on the initial paid-in capital and have it ready to deposit. There is technically no minimum capital requirement for a Korean company (you could even start with 100 won), except if you seek certain statuses (e.g. foreign-invested company status, as mentioned, effectively requires ~100 million won to qualify as FDI ). However, you should invest enough to cover initial expenses and to present a credible image (many start with at least KRW 10–50 million for a small startup). Open a temporary corporate bank account in formation (most banks have a process for this). Deposit the capital into this account. The bank will then issue a Certificate of Deposit or a letter verifying the paid-in capital, which you will submit to the registrar. (If you’re a foreign investor, you must first notify your investment to a bank or KOTRA (Invest Korea) – you’ll get a certificate of FDI notification – then you remit the funds from abroad into a special account. The bank’s certificate of deposit will also note it’s an FDI remittance.)
5. Register the Corporation – With all documents in hand (articles, director consents, bank capital certificate, etc.), file for corporate registration at the local court’s Commercial Registry. This is the formal incorporation step where your company becomes a legal entity. Upon approval, you will receive a Certificate of Incorporation (registration certificate) and a business registration number. The process is usually quick (a few days) if paperwork is in order. At this point, your company (e.g. “XYZ Crypto Co., Ltd.”) legally exists.
6. Register with Tax Authorities – After incorporation, you must also register your business with the tax office (National Tax Service) to obtain a Business Registration Certificate (this is often done simultaneously or immediately after incorporation – in practice, a one-stop process issues both the company registration and tax registration). This registration is needed to conduct any business, issue invoices, etc. You’ll get a 10-digit business number (and if applicable, a separate VAT number). Ensure to register for VAT if you will be selling any services that are not VAT-exempt. Note that buying/selling cryptocurrency itself is treated as trading assets (currently not subject to VAT), but if you provide services (consulting, etc.), those may fall under normal taxation rules.
7. (If Foreign-Invested) File for FDI Registration – If you went the route of investing ≥ KRW 100 million as a foreigner, you should file for registration as a Foreign Invested Company with the Ministry of Commerce (through KOTRA or a bank). This step gets you a Foreign Investment Registration Certificate and potentially some benefits (like easier visa for the representative, and tax incentives in certain cases ). This involves submitting the incorporation certificate and evidences of investment to KOTRA. They will list your company in the foreign investment registry. (Skip this if the company is fully Korean-owned or if foreign investment was below the threshold.)
8. Open Corporate Bank Accounts – Now that you have all the company docs and business registration, open a permanent corporate bank account for your operations. This will be used for everyday finances (paying bills, salaries, etc.) and is separate from the temporary capital account (the capital can be transferred in). Having a stable banking relationship is crucial, especially in crypto – some banks have been known to scrutinize accounts linked to crypto activities. At this stage, it’s helpful to be transparent with your bank about your business (to the extent required) and ensure compliance with their policies. As of 2025, Korean banks are gradually warming to crypto-related firms, especially if registered and regulated, but you may still face careful review.
9. Obtain Required Licenses & Certifications – With the company legally in place, you need to pursue your crypto-specific registrations:
   
   • Information Security Management (ISMS) Certification: Begin the ISMS certification process with KISA as soon as possible . This involves a comprehensive audit of your IT and security practices. You might hire a consulting firm to help you meet all 12 areas of the ISMS standard. Achieving ISMS is mandatory for VASP registration – you will need to submit proof of ISMS certification as part of your KoFIU report.
   • Virtual Asset Service Provider (VASP) Registration: Prepare your VASP registration (report) to KoFIU . This includes documentation of your business plan, organizational structure, AML/KYC internal rules, ISMS certificate, information on directors/shareholders, and your bank partnership (if applicable). You will file this report with the KoFIU (usually via the Financial Intelligence Unit’s online system or via FSC). If everything is in order, KoFIU will issue a registration certificate/confirmation. Only after this step are you legally allowed to launch crypto asset services. (Tip: maintain close communication with KoFIU officials during the process; respond promptly to any requests for additional information.)
   • Other Licenses/Permits: Depending on your business, get any additional approvals. For example, if doing a fintech payment service, you might register in the financial innovation sandbox program (to get temporary permission to pilot an innovative service). Or if doing a money transfer, apply for a remittance license from the FSC. Also ensure compliance with personal data protection (PIPA) by perhaps registering a data protection officer if handling customer personal info.
11. Set Up Operations and Internal Controls – With licensing in progress or achieved, set up the practical aspects: deploy or rent the necessary IT infrastructure (servers, custody systems), implement internal controls (dual sign-offs for transactions, employee background checks, etc.), and hire key staff. Critical hires typically include a Chief Technology Officer/Security Officer (to manage wallet security, systems, etc.) and a Compliance Officer/MLRO (to enforce AML policies and liaise with KoFIU) . Provide training to all employees on security protocols and code of conduct (especially important in crypto to prevent internal fraud or leaks). Additionally, draft clear Policies & Procedures for your operations – e.g., how private keys are managed, how often audits are done, how to handle customer onboarding – as these might be reviewed by regulators or partners.
12. Engage Banking and Partnerships – If not already done as part of licensing, finalize your bank partnership for real-name account services (this only applies if your business model needs KRW accounts for users). This can be the hardest step; essentially, you must convince a bank to issue deposit accounts to your users (they will integrate with your exchange’s systems). Banks in Korea will check that you are fully licensed (KoFIU registered), have ISMS, and have solid risk management. As of 2025, major banks like Shinhan, Kookmin, and KakaoBank have shown interest in partnering with crypto firms as the institutional market opens . Start discussions early and expect to undergo a thorough risk assessment by the bank. Apart from banks, consider other partnerships – e.g., cybersecurity firms (for audits or insurance), accounting firms (for crypto accounting guidance), or established crypto companies for liquidity or technology. Forming alliances can strengthen your position and credibility.
13. Testing and Launch – Before a full public launch, conduct internal testing of all systems (perhaps even a closed beta if possible). Ensure compliance checks are working (for instance, test your AML monitoring by simulating suspicious activities and see if alerts trigger). Also, ensure you have a contingency plan (what if a wallet is compromised? what if prices crash? etc.). Once everything is in place and you have the necessary approvals, you can launch your services to customers. Remember to prominently display your certifications (ISMS logo, etc.) and legal disclosures on your website – this builds trust and shows compliance.

Each of these steps can be intricate, but South Korea does provide resources. InvestKorea (KOTRA) offers support for foreign businesses setting up , and local law firms are experienced in crypto ventures. Tip: Keep a binder of all your compliance documents and licenses; you will need to update and reference them often. Incorporating and licensing a crypto business in Korea is a marathon, not a sprint – but with diligence, it is achievable, as evidenced by the successful exchanges and crypto firms operating in the country.

5. Banking and Accounting Considerations for Bitcoin Treasury Management

Running a Bitcoin-centric company involves interfacing with both the traditional financial system (banks, accounting standards) and the crypto world. This section covers how to handle banking relationships and how to account for Bitcoin on your books.

5.1 Banking Relationships and Financial Services

Banking is critical in South Korea’s crypto ecosystem – not just for exchanges, but for any company that needs to convert between fiat and crypto or simply manage its finances. Key considerations include:

• Difficulty in Obtaining Banking Services (Historically): Korean banks have been conservative with crypto businesses due to regulatory risk. Up until recently, corporate entities were barred from having accounts on crypto exchanges directly . Only individual real-name accounts were allowed. This meant companies had no straightforward way to trade crypto on domestic exchanges. Many firms resorted to using overseas platforms or OTC brokers, which carried legal and security risks. Good news: as of 2024-2025, this is changing. The FSC announced a phased plan in 2024 to allow corporate entities to open exchange accounts, starting with certain institutions and expanding to general corporations . By early 2025, major exchanges like Upbit and Bithumb have begun accepting corporate account applications (they set up dedicated onboarding for businesses) . This means your company will likely be able to legally trade and manage crypto through Korean exchanges in the near future, if not already.
• Choosing a Banking Partner: For day-to-day operations, you’ll use normal corporate bank accounts. Any major commercial bank (Kookmin, Shinhan, Hana, Woori, etc.) can provide checking accounts, foreign exchange, and other services. However, if your business deals in crypto transactions, expect close scrutiny of large fund movements. It’s wise to work with a bank that is relatively crypto-friendly. Notably, Shinhan Bank has partnered with Korbit exchange for corporate crypto services , and KakaoBank with Coinone . These partnerships indicate those banks’ openness to the sector. When pitching to a bank, emphasize your regulatory compliance (show them your VASP registration, AML policies, etc.) to give comfort that you won’t pose a money-laundering risk. Also, discuss solutions like segregated accounts or escrow arrangements if needed to add security.
• Real-Name Account System: If you run an exchange or service where users deposit KRW to trade crypto, you must operate under the real-name account system. Practically, this means the bank creates a virtual sub-account for each user, linked to their verified identity, and no anonymous or shared accounts are allowed. The bank will continuously monitor inflows/outflows and share data with you for AML compliance. There will be a contract outlining each party’s responsibilities (for example, the exchange monitors transactions, the bank reports any suspicious fiat transfers, etc.). Banks usually also require the crypto company to hold a certain amount of deposit with the bank as risk security and to have an ISMS cert (which you will). This setup was famously difficult to secure in 2021; only a few exchanges got it. By 2025, with corporate accounts being allowed, banks appear more willing to extend these services to more players under government guidance , but it’s still a high bar.
• Managing Fiat <> Crypto Conversion: If your treasury company’s goal is to accumulate Bitcoin, you’ll need a strategy to convert funds. Options include:
  
  • Using a domestic exchange (once your corporate account is approved) for straightforward buying on the market. Liquidity on Korean exchanges is high for major coins like BTC.
  • Using an OTC desk or broker, which might be helpful for large purchases to avoid slippage. Some Korean securities firms or fintech companies are entering crypto brokerage for institutions.
  • Utilizing foreign exchanges – note that servicing Koreans without a license is illegal for foreign exchanges, and KoFIU has blocked many (Binance has a geoblock for KR IPs, etc.). However, a Korean company could still legally use a foreign exchange for its own trading (the law targets unregistered exchanges serving the public, not a company’s private asset management abroad). If you do this, ensure thorough records and be mindful of foreign exchange reporting (transferring large sums of KRW out to buy crypto may trigger BoK foreign transaction reports).
• 
  Whichever route, establish clear bank processes: e.g., if you send $1 million overseas to buy Bitcoin OTC, inform your bank of the purpose (they may ask for supporting docs) to avoid the transfer being flagged. Korea monitors capital flows strictly.
• Custody of Crypto Assets: Decide how you will hold the company’s Bitcoin. You can self-custody (manage your own wallets) or use third-party custodians. Many corporates opt for trusted custodians to mitigate risk. In Korea, as mentioned, KODA and a few other licensed custody providers (some run by banks or fintech firms) offer services to hold crypto on behalf of institutions, providing insurance coverage and auditing. KODA’s rapid growth (KRW 8 trillion assets under custody by 2023) shows that many organizations trust such services . If your priority is security and compliance over the slight cost, using a custodian might be wise – it also reassures auditors that a reputable third party attests to your Bitcoin holdings. The downside is you rely on that custodian’s solvency and security, so choose one with a good track record.
• Insurance and Asset Protection: Traditional banks insure deposits via KDIC (up to certain limits), but crypto isn’t covered by such schemes. However, you can purchase commercial insurance for crypto theft or custodial loss. Also, some Korean exchanges are part of a mutual aid fund or carry insurance as required by the new law . As a company, if you hold significant Bitcoin, consider an insurance policy that covers hacking or key loss (some global insurers provide this, though premiums can be high). From a banking perspective, having insurance might also make you a more acceptable client.
• Payment and Settlement: If your company will pay suppliers or employees, you need to decide whether to use crypto or convert to fiat. Crypto is not legal tender, so most vendors in Korea won’t accept it directly (with a few exceptions in the tech scene). Plan for conversion to KRW for operational expenses. Conversely, if you accept payments in Bitcoin (say you have a side business selling software for BTC), you’ll need an accounting process to record the KRW equivalent at receipt. Keep an eye on regulations: the government does not restrict crypto payments among private parties, but any large crypto receipt by your company might attract questions under AML laws. Always document the economic purpose of any crypto inflows/outflows to satisfy potential bank or regulator inquiries.
• Relationship Management: Maintaining a good standing with banks involves transparency and compliance. Expect periodic reviews of your account by the bank’s compliance team. They may ask for updated business plans, AML reports, or even on-site visits if you’re a large client. Treat the bank as a partner in compliance: notify them if you have an unusual transaction (e.g., receiving a large crypto revenue from abroad that will be cashed out) before it happens. This proactive approach can prevent account freezes. Also, abide by any conditions they set (some banks might limit daily transfer amounts, etc., until trust is built).

In summary, banking for a crypto company in Korea is becoming easier than it was, but it still requires clear communication and robust compliance. The trends are positive – corporate crypto accounts are being rolled out in 2025 – aligning with the government’s strategy to integrate digital assets into the mainstream financial system. Ensure you leverage these developments (for example, get in the queue for a corporate exchange account if relevant) and maintain traditional banking for stability.

5.2 Accounting and Reporting for Bitcoin Holdings

Accounting for Bitcoin in a corporate setting must align with Korean accounting standards (which are based on IFRS – International Financial Reporting Standards). As Bitcoin and other cryptocurrencies are a newer asset class, standards are still evolving. The FSC has provided guidance to ensure transparency in crypto accounting . Here’s what to consider:

• Classification of Crypto Assets: Under current guidelines, cryptocurrencies held by a company are generally classified as intangible assets or inventory on the balance sheet, depending on their purpose .
  
  • If you are holding Bitcoin as a long-term investment or treasury reserve, it is treated as an intangible asset (like intellectual property or goodwill). Intangible assets are recorded at cost when purchased. They are not depreciated, but they can be impaired.
  • If your business is actively trading crypto or holding it for sale in the ordinary course of business (for example, a crypto dealer or exchange holding inventory to facilitate trades), then the holdings might be classified as inventory. Inventory can be valued at the lower of cost or net realizable value under accounting rules.
  • What crypto is not under IFRS: it’s not cash or a cash equivalent, and it’s not a financial instrument (since it doesn’t represent a claim on another entity) . Hence the default to intangible/inventory classification.
• Impairment and Valuation: A key implication of treating Bitcoin as an intangible asset is impairment accounting. This means:
  
  • You initially record the Bitcoin at purchase cost on your books.
  • In each reporting period, if the market price falls below the carrying cost, you must write down (impair) the value to the new lower market value. That impairment loss hits your P&L (profit and loss statement).
  • However, if the price rises, you do not write it up on the balance sheet under IFRS rules (intangible assets cannot be revalued upward to market unless using a revaluation model, which is uncommon for crypto; most use cost model). So the asset stays at cost (or impaired lower value) on the balance sheet even if market value is higher.
  • This can create a disconnect: in bull markets your books may understate the value of your Bitcoin. Disclosure is crucial (see next point).
  • If you later sell the Bitcoin, any difference between sale price and book value goes through P&L as a gain or loss. (So after a prior impairment, selling in a rebound can create a large reported gain.)
• Mandatory Disclosures: Aware of the above issue, Korean regulators now require enhanced disclosures for virtual assets . Companies holding crypto must disclose in the notes to financial statements:
  
  • The accounting policy used for crypto assets.
  • The book value of each significant crypto asset holding (the value on the balance sheet).
  • The market value of those holdings at the reporting date .
  • If crypto is held as inventory, disclosure of that fact and the method (e.g. lower of cost or market).
  • Any valuation techniques used (if you hold tokens that don’t have active market prices, for instance).
  • Additionally, if you self-issue tokens (not likely in a Bitcoin treasury context), there are guidelines: funds raised by token issuance should be treated as liabilities until you fulfill any obligations to token holders (only then recognized as equity or revenue) .
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  The aim is to give readers of financial statements a clear view of the economic value of your crypto, even if accounting rules don’t capture fair value gains. This transparency is mandated by the FSC’s 2023 guidance .
• Audit and External Verification: If your company meets certain size thresholds, you’ll need annual external audits. Auditors in Korea will scrutinize crypto holdings carefully. They will likely request to observe the existence of your Bitcoin – this could mean anything from checking your wallet balances, reviewing custodial account statements, or even asking you to move a small amount from a wallet to prove control (a common audit procedure for crypto). Be prepared to provide evidence of ownership (wallet addresses, transaction history) and to explain your valuation. Given that crypto is a new area, choose an audit firm that has experience or specialists in digital assets to avoid protracted audits. All Big Four firms in Korea have crypto accounting knowledge centers now.
• Revenue Recognition: If your business earns revenue in crypto (for example, you get consulting fees paid in BTC), you should record that revenue in KRW at the time of the transaction using a fair market exchange rate. The crypto then goes on the books as an asset. Any subsequent change in value of that crypto before you convert it to cash will be an unrealized gain/loss (which, as discussed, might not be recognized unless impaired). Essentially, treat crypto like non-cash consideration for goods/services – convert to KRW equivalent for accounting purposes at receipt.
• Tax and Accounting Alignment: The tax authorities generally follow book accounting for recognizing profits, with some adjustments. In the absence of specific crypto tax rules for companies, expect that:
  
  • If you record a gain on selling Bitcoin, it will be taxed as part of taxable income.
  • If you record an impairment loss (write-down) on Bitcoin, you can likely deduct that as an expense, since it’s a real loss in value. (One caveat: if crypto values recover, the tax authority may watch for companies selling and re-buying to realize losses; normal anti-tax avoidance rules apply.)
  • Since crypto is not a depreciable asset, there’s no depreciation schedule – it’s either on the books at cost or impaired.
  • Ensure to keep clear records of every crypto purchase and sale (date, amount, price) to support your accounting entries. The tax office can request these if they audit your corporate tax filing.
• Alignment with IFRS Developments: Global accounting bodies are discussing changes (for instance, the FASB in the U.S. is moving to allow fair value accounting for crypto). The FSC indicated a preference to follow international standards and issued its own guidance in absence of IASB action . Keep an eye on any changes in K-IFRS relating to digital assets. If rules loosen to allow fair value gains to be recognized, it could significantly impact how you report profits (and thus taxes). As of 2025, Korean standards require the conservative approach (cost less impairment) but with full disclosure of fair value .
• Internal Accounting Practices: From an internal management perspective, you may want to track the market value of your Bitcoin treasury continuously, even though your official books don’t. This helps in decision-making and risk management. You could maintain a memorandum record or use software that marks to market daily for internal reports. Just be clear in external reports what is official GAAP versus additional info.
• Consolidation and Foreign Currency: If your company has subsidiaries abroad or conducts crypto trades in foreign currency (e.g., using USD on an international exchange), normal rules of currency translation apply. Crypto itself is not “currency,” but the value you measure it in (KRW) will involve forex if you bought it with USD. You might have forex gains/losses separate from crypto price effects (for instance, if you hold Bitcoin on a US exchange in USD terms, when consolidating, you have to translate USD to KRW – any change in KRW/USD rate will affect the KRW value independently of Bitcoin’s USD price). This is an extra layer of complexity to be mindful of.
• Record Retention: As noted under compliance, keep all accounting records of crypto transactions for at least 15 years . This is unusually long (normal accounting records retention is 5-7 years in many cases), but given the regulatory requirement and the possibility of long investigative look-back periods, invest in proper record-keeping. This includes transaction logs, wallet addresses, exchange receipts, etc. Many companies use specialized crypto accounting software to help reconcile blockchain transactions with accounting entries – consider using these tools as your volume grows.

In short, treat Bitcoin in your treasury with the same rigor as you would cash or financial investments in terms of accounting accuracy and disclosure. South Korea’s regulators expect more transparency due to crypto’s volatile nature . A well-kept set of books and clear disclosures will not only keep you compliant but also build trust with investors, auditors, and banks.

6. Tax Implications for Holding Bitcoin in a Company Treasury

Understanding the tax treatment is essential to avoid surprises. Taxation in South Korea of cryptocurrency, especially when held by companies, currently follows general principles since there are not many crypto-specific tax codes for corporates. Here are the main points:

• Corporate Income Tax on Crypto Gains: If your company holds Bitcoin and later sells it at a profit, that profit is subject to corporate income tax, just like profit from selling any investment. South Korea’s corporate tax rates are progressive; as of recent reforms, they range roughly from 9% to 24% (formerly up to 25%, reduced slightly under Yoon’s tax reform) depending on income brackets . All profits of a domestic corporation – regardless of source – are taxable . There is no special lower rate or exemption for crypto-derived income. So, if in one fiscal year you realized a large gain from Bitcoin, expect it to boost your taxable income for that year.
• Tax Deduction on Losses: Conversely, if you sell Bitcoin at a loss, that can typically be deducted against other income, reducing your taxable profit. Korea allows loss carryforwards in general, so if crypto investments cause a net operating loss, you may carry that forward to offset future profits (subject to limitations). Additionally, impairment losses recorded on your books for Bitcoin (as discussed in accounting) should be tax-deductible expenses, since they reflect a loss in asset value. The National Tax Service would likely scrutinize big write-downs if they think you might reverse them later, but currently there’s no rule disallowing crypto impairment for tax – it’s treated like an asset impairment.
• VAT (Value Added Tax): In Korea, the trading of cryptocurrency itself is exempt from VAT – because crypto is not considered a good or service, and also not legal tender, it falls in a sort of intangible asset category which is not subject to VAT on the transfer. This means if your company simply buys and sells Bitcoin (proprietary trading), you don’t add VAT. Likewise, if you’re an exchange charging fees on trades, those fees have been interpreted as VAT-exempt financial services (though this could be revisited by tax authorities). However, be careful: if you sell something for cryptocurrency (say you accept BTC as payment for consulting services), the transaction is treated as a barter: your service is subject to VAT and you must calculate the KRW value of the crypto received to remit the VAT. In summary, holding or trading crypto doesn’t incur VAT, but using crypto in lieu of cash for goods/services does not avoid VAT.
• Withholding Taxes: If you pay any overseas entity or individual with cryptocurrency (for instance, hiring a foreign contractor and paying in BTC), Korean tax law might view it as an offshore payment, and withholding tax rules could apply (usually on royalties, etc., which likely won’t apply to a straightforward payment for services). But if applicable, you’d have to gross-up or handle that in fiat. This is an edge case; typically, you’d handle cross-border payments in fiat to keep it simple and comply with foreign exchange regs.
• 20% Crypto Gains Tax (Individuals): You may hear about Korea’s plan to tax personal crypto gains above 2.5 million KRW at 20%. This does not apply to companies, as companies are already taxed on all gains (no threshold). It’s aimed at individual investors. As of April 2025, this tax on individuals is postponed until 2028 . The policy environment around individual crypto tax has been contentious, but for your corporate treasury, the key takeaway is that your shareholders or executives might face tax if extracting profits as dividends or if they personally hold crypto, but the company itself just follows corporate tax norms.
• Foreign Asset Reporting: South Korea has strict reporting for foreign financial accounts (FBAR) for individuals if above certain thresholds, and for corporates in some cases. It’s not entirely clear if holding crypto on a foreign exchange or wallet constitutes a “foreign financial account” under current law. To err on the safe side, if your company holds a significant amount of crypto in a wallet hosted abroad or with a foreign custodian, consult tax advisors if that needs to be reported to the tax authority under the Foreign Exchange Transactions Act or tax laws. While crypto isn’t currency, the NTS might treat, for example, a foreign exchange account holding fiat from crypto sales as reportable.
• Transfer Pricing: If your Korean entity interacts with overseas affiliates for crypto transactions (say your parent company abroad sends Bitcoin to the Korean entity), be mindful of transfer pricing rules. The tax authority will want such transfers to be at arm’s length market values. Document any intercompany crypto transfers with valuations at the date of transfer to show no evasion of tax.
• Employee Compensation in Crypto: Should you decide to pay employees or contractors in Bitcoin, note that this is still considered compensation in kind. You must still withhold income taxes as if it were cash (calculate the KRW value at payment time). Generally, most companies avoid this due to the complexity; they pay in KRW, and employees can then invest in crypto on their own.
• Tax Incentives: Crypto-specific incentives are nonexistent (the government is not in the business of encouraging crypto hoarding via tax breaks). However, your company might qualify for general incentives. For example, SMEs in Korea enjoy lower corporate tax rates on the first KRW 200 million of income, etc. Also, foreign-invested companies in certain high-tech sectors sometimes get tax reductions for a few years (though crypto trading might not qualify as high-tech manufacturing or R&D, unless your business is more on the blockchain tech side). Check the Restriction of Special Taxation Act for any such benefits and see if any could apply (likely limited for a pure financial/trading oriented business).
• Book-Tax Differences: Keep an eye on differences between accounting and tax treatment. For instance, if your Bitcoin is treated as intangible and not revalued upward on books, there’s no unrealized gain to tax. Korea taxes on realized gains, not market-to-market (except certain securities or derivatives in specialized cases). So you won’t pay tax just because Bitcoin’s market value rose during the year – only if you sold or exchanged it (realization principle). This is favorable, as it defers tax on appreciation. On the flip side, any impairments you take reduce accounting profit; the tax authority will likely accept those if they reflect genuine losses, but they might question frequent write-down and up if a company tries to time the market (though under accounting rules you can’t write up, so it’s straightforward).
• Future Tax Changes: Be prepared for potential new rules. The government’s deferral of the individual crypto tax to 2028 suggests they want a comprehensive plan, possibly including how companies handle crypto. By the time that tax is enforced, they might refine corporate tax rules for crypto as well (for example, introducing a separate schedule or requiring more reporting on crypto holdings). Additionally, if global minimum tax or other international rules come into play for digital assets, Korea will adapt. For now, staying within the standard corporate tax framework and diligently reporting any crypto-related income or loss is the way to go.

Action items: Use a qualified tax advisor or CPA firm familiar with crypto to review your tax filings. Given the large amounts potentially at play with Bitcoin, a bit of advice can save a lot of trouble. Keep clear records of every transaction (including KRW values and dates) – this will support your tax positions in case of an audit. And finally, set aside cash for tax if you realize big crypto gains – remember that if you make, say, KRW 1 billion profit from Bitcoin sales, roughly a quarter of that might belong to NTS at year-end. Don’t get caught illiquid (having all wealth in Bitcoin but a tax bill in KRW). A good practice is to periodically convert a portion of crypto gains to fiat to cover anticipated taxes and expenses.

7. Risk Management and Cybersecurity Practices for Secure Crypto Asset Management

Holding and managing Bitcoin introduces unique risks that traditional companies don’t face – notably, the irreversible nature of crypto transactions and the high value that could be moved with a single private key. South Korea’s regulations underscore the importance of robust security (requiring ISMS, cold storage, etc.), and any company in this space must make risk management a top priority. Here are best practices:

• Cold Storage of Assets: Follow the golden rule of crypto security: store the majority of crypto assets in “cold” wallets, which are kept offline. Korean regulators mandate VASPs to keep at least 80% of customer assets in cold storage , and your company should apply a similar (or higher) percentage for its own treasury holdings. Cold storage options include hardware wallets (like Ledger or Trezor devices), air-gapped computers with wallet files, or even physical paper wallets stored securely. The idea is to isolate private keys from any internet-connected device, eliminating remote hacking risks. Accessing cold storage for a transfer should require a deliberate, multi-step process (preferably involving multiple people and secure environments).
• Multi-Signature and Key Management: Use multi-signature (multisig) wallets for added security. Multisig means you set up your Bitcoin wallet such that, for example, 2 out of 3 or 3 out of 5 keys are required to authorize a transaction. Distribute these keys among trusted executives or devices. This prevents a single point of failure – no single person or compromised device can move funds. It also provides internal checks (e.g., one key held by CFO, one by CEO, one by an external custodian in escrow). Define clear policies on key usage, and maintain secure backups of keys (in encrypted form) in separate secure locations (like bank safe deposit boxes). Never have all keys in one place. Multisig is a proven way to significantly reduce risk of theft.
• Information Security Standards (ISMS): Adhering to the ISMS is not just for licensing – it’s genuinely good practice. ISMS certification will ensure you have a broad range of controls: access control (only authorized personnel can access sensitive systems), encryption of sensitive data, secure software development practices, physical security of servers, incident response plans, etc. Ensure your servers and wallet systems are hardened (up-to-date patches, firewall rules, intrusion detection in place). Conduct regular penetration tests and vulnerability assessments on your infrastructure to catch weaknesses. Consider obtaining ISO/IEC 27001 certification (international standard for information security) as well, which many global crypto companies pursue – it aligns well with ISMS and further signals your commitment to cybersecurity.
• Insurance and Reserves for Hacks: Despite best efforts, breaches can happen. The new Korean regulations require VASPs to carry insurance or reserve funds equal to at least 5% of customer assets in hot wallets (with minimum thresholds of KRW 3 billion or KRW 500 million depending on the exchange type) . For a company holding its own Bitcoin, it’s wise to similarly insure part of your holdings. Look for a crypto insurance policy that covers theft, hacking, or even losses due to insider theft. These policies are emerging – often provided by Lloyd’s syndicates or specialized insurers. They may require certain security protocols in place (which you should have anyway). Additionally, maintain a contingency reserve in fiat or highly liquid assets as a buffer for emergencies (for instance, if a portion of crypto gets locked or lost, the reserve helps your business continue operating).
• Segregation of Duties: Implement internal controls such that no single individual has end-to-end control over your crypto assets. For instance, the person who can initiate a transaction on a wallet should not be the person who alone can approve it. Use role-based access control in any software: e.g., a trading officer can propose a transfer from treasury, but a senior officer and one other must approve via multisig. Similarly, system admins who manage servers should ideally not have the keys to wallets – separate technical access from financial access. Regularly review these controls and update signers if personnel change (to avoid ex-employees retaining any control).
• Monitoring and Anomaly Detection: Just as banks monitor accounts for unusual activity, your company should continuously monitor crypto transactions and systems for any anomalies. For example, use whitelisting for addresses (your cold wallet software can often restrict outgoing transactions only to pre-approved addresses – enable that if possible). Set up alerts: you should get instant notifications for any movement of funds or any access to secure systems. The Act on Protection of Virtual Asset Users also effectively expects companies to monitor transactions for abnormal activity and report incidents . If you detect any unauthorized attempt or irregular pattern (say, someone trying a large transfer at 3AM that doesn’t fit your procedures), trigger your incident response plan immediately.
• Incident Response and Business Continuity: Have a detailed incident response plan for worst-case scenarios. This plan should cover: what to do if a hack is suspected, who to inform (regulators, law enforcement, insurance, customers if applicable), how to contain the breach (e.g., moving remaining funds to new wallets), and how to investigate. Also prepare for non-hack incidents: what if a key holder is incapacitated? Ensure you have backup keys and a process to replace key signers (this might involve legal arrangements if a key is held by an individual). Create disaster recovery plans for your IT systems – backups of all critical data (with an offline copy stored safely) so you can rebuild systems if needed. Regularly drill these plans, like a fire drill, so your team isn’t scrambling for the first time during an actual crisis.
• Employee Training and Vetting: People are often the weakest link. Conduct thorough background checks on any employees or contractors who will have access to sensitive systems or keys (especially for criminal records or financial troubles that might make them vulnerable to malfeasance). Impose strict security policies: for example, forbid staff from installing unauthorized software, enforce 2-Factor Authentication (2FA) on all accounts, and use hardware security keys for administrative access. Provide ongoing training about phishing and social engineering, as crypto companies are prime targets. Make sure everyone knows: never share passwords or private keys, and how to verify communications (e.g., if an executive sends an email requesting a transfer, there should be an out-of-band confirmation – this prevents phishing scams). In Korea, emphasize to employees that any mishandling of customer assets or involvement in unfair trading is now punishable by law (per new regulations) – this underscores the seriousness.
• Third-Party Security: Extend your security diligence to any third-party services you use. If you use a cloud provider for servers, ensure you configure it securely (misconfigured cloud storage has led to leaks). If you use APIs (e.g., to exchanges or blockchain analytics), restrict keys and permissions. For any vendor handling your sensitive data or assets (such as a custody provider or payment processor), review their security certifications and compliance. It’s common to request SOC 2 or ISO27001 reports from such vendors. Include clauses in contracts about breach notification and liability.
• Continuous Auditing and Improvement: Cyber threats evolve quickly. Conduct regular audits of your security – both internally (self-audits) and by hiring external experts. South Korea’s KoFIU may also conduct audits; be prepared to demonstrate your security measures to them. Stay updated on the latest threats (for instance, new malware targeting crypto wallets, or any vulnerabilities in hardware wallets) and update your defenses accordingly. Participating in information-sharing communities (like ISACs for financial services or blockchain security forums) can give early warning of sector-specific risks.
• Compliance Risk: Risk management isn’t only about hackers – it’s also about complying with laws to avoid legal risk. As part of risk management, keep a close eye on compliance calendars (e.g., filing required reports to KoFIU on time, updating any license renewals, etc.). Non-compliance can result in penalties or business suspension, which is a risk to continuity. Given the rapid regulatory changes, consider assigning a compliance officer to monitor new rules and ensure your policies are always up to date.

Implementing these practices will not only protect your assets but also serve as a business advantage. Clients, partners, and regulators will have greater confidence in a company that clearly prioritizes security. In the crypto space, reputation is fragile – one breach can destroy trust. By following standards even stricter than those required (like using 80+% cold storage even for your own funds, multi-sig approvals for any move, etc.), you create a robust defense. Remember the adage: “Not your keys, not your coins.” If you hold the keys, protect them like the crown jewels; if you entrust them to someone (even an employee or a service), ensure stringent oversight.

South Korea’s approach, as codified in law, is essentially pushing crypto businesses to adopt bank-grade security and controls . Embrace that mentality from day one. It not only keeps you compliant but genuinely reduces the chance of catastrophic loss.

8. Corporate Governance and Transparency in Managing Crypto Treasuries

Strong corporate governance and transparency are essential, especially when managing such a volatile and sometimes controversial asset as Bitcoin. Both regulators and stakeholders (investors, customers, the public) need assurance that a company’s crypto activities are being managed responsibly and ethically. Here are best practices to implement:

• Governance Framework and Oversight: Establish clear governance structures for crypto-related decisions. This might include forming a Digital Assets Committee at the board level or as a management committee. The committee’s role would be to set policies (e.g. what percentage of treasury to allocate to Bitcoin, risk limits, when to rebalance, etc.) and to approve major transactions. If you have a Board of Directors, ensure they are informed and have oversight of the crypto strategy – this can be via periodic reports or requiring board approval for large investments. Document all major decisions in meeting minutes. Essentially, treat crypto investments with the same rigor as you would major capital expenditures or acquisitions.
• Internal Controls and Dual Approval: We touched on this in risk management – no single individual should be able to move corporate crypto assets unilaterally. From a governance perspective, formalize this as policy: e.g., “All transfers above KRW X or all Bitcoin transfers require approval by at least two officers.” The approval process should be logged and reviewable. This policy not only prevents internal misuse but also provides a clear audit trail if something goes wrong. Regularly audit compliance with this policy internally.
• Transparency and Disclosure: Being transparent about your crypto holdings and activities will build trust. Financial disclosures are part of this (as discussed in accounting, disclosing amounts and fair value of crypto holdings in statements) . If your company is publicly listed, any material changes in your Bitcoin position might require timely disclosure to the market (in the U.S., companies like MicroStrategy file an 8-K for significant buys; in Korea, while not explicitly required yet, similar principles of materiality apply). Even if not required, consider voluntarily disclosing significant treasury moves to investors/shareholders. For example, publish a note if you decide to allocate an additional 10% of assets to Bitcoin, explaining the rationale. Investor relations communications should address your crypto strategy openly to prevent speculation or misinformation.
• Audit and Assurance: Engage external auditors not just for financial audits but also for security audits or proof-of-reserves audits. For instance, some crypto companies have started publishing Proof of Reserves – cryptographic proof (often by an auditor) that they hold the assets they claim. While originally a concept for exchanges to reassure customers, a corporate could also use it to show shareholders that “Yes, we really have X BTC in our wallets.” This could be as simple as having an auditor verify the wallet balances at year-end. Additionally, get your financial statements audited by reputable firms; if you hold significant Bitcoin, request that the auditors opine on the existence of those assets specifically. This extra mile in assurance can set you apart.
• Compliance with Fair Trade Rules: The new law prohibits unfair trade practices like insider trading and market manipulation in crypto markets . Even if your company is just managing its own treasury, you should have an ethical code of conduct to ensure no one in the company abuses insider information. For example, if your company plans a big Bitcoin buy that could affect markets, obviously employees shouldn’t front-run that for personal gain. Or if you’re privy to market-moving info (maybe through industry connections), ensure it’s not misused. Train your team on these expectations. Violations can lead to legal penalties and reputational damage – Korean authorities have signaled a crackdown on such behavior, akin to the scrutiny seen in stock markets .
• Segregation of Corporate and Client Assets: If your company also handles others’ funds (e.g., you run a service with customer deposits), governance must ensure strict segregation of client assets from company assets . This is both a legal requirement and a trust issue. Have procedures to reconcile client asset ledgers daily, and perhaps even an external custodian or trust account for client funds. Never dip into customer assets for company purposes. Appoint an internal or external auditor to periodically verify that client asset balances match liabilities. Transparency here can be a market differentiator – some Korean exchanges, for instance, publish cold wallet addresses for users to see funds are intact.
• Record-Keeping and Audit Trails: We cannot stress enough the importance of thorough record-keeping. Maintain an audit trail for every significant crypto transaction: who initiated it, who approved, which addresses were involved, what the purpose was, etc. Given the requirement to keep records for 15 years , set up a robust archiving system (with backups). These records not only help in compliance and potential regulatory inquiries but also allow internal audits to trace and review past decisions, which is vital for continuous improvement in governance.
• Stakeholder Communication: If you have shareholders or investors, keep them informed about the performance and risks of your Bitcoin holdings. This could be through quarterly reports or dedicated sections in your annual report about digital assets. Discuss both the upside and the risks (volatility, regulatory changes) – demonstrating a balanced view. If Bitcoin materially impacts your financial results (positive or negative), provide an explanation. Transparent communication will pre-empt questions and build credibility that you are managing the treasury prudently.
• Adapting to Regulatory Changes: Assign someone (chief compliance officer or legal counsel) to monitor regulatory changes continuously. Governance should include regularly updating policies to comply with new laws. For example, if authorities tighten rules on foreign crypto exchanges or introduce new tax reporting, your company’s internal guidelines should quickly reflect that. Show proactiveness: it’s better that your governance manual is ahead of the curve rather than catching up after an incident. In board meetings or management meetings, include a brief on any new relevant regulatory developments (Korea is very active in legislating crypto, as seen with the 2023 Act and upcoming plans ).
• Ethical and Social Responsibility: As a crypto company, consider joining industry associations or initiatives for self-regulation and best practices. In Korea, organizations like the Korea Blockchain Association have guidelines for exchanges on market making, disclosure, etc. Adhering to high ethical standards – for instance, not partaking in pump-and-dump schemes of tokens, or not listing dubious coins if you ever get into that – is part of governance. Since your focus is Bitcoin treasury, this may be less of an issue (you likely deal with BTC only), but it’s worth noting if you diversify into other digital assets or businesses (e.g., if one day you consider launching a token or NFT, apply strict diligence).
• Independent Oversight: If possible, involve independent directors or advisors in oversight of your crypto activities. Their external perspective can catch issues management might miss. For example, an independent audit committee member could ask tough questions about risk management of the Bitcoin holdings or ensure that financial reporting of crypto is clear. This aligns with general corporate governance principles and will reassure investors and regulators that you have checks and balances.

By implementing these governance and transparency measures, you not only comply with Korean expectations but also elevate your company’s professionalism. Remember that trust is the currency of any corporate finance operation – and in the crypto world, trust has to be earned through impeccable behavior since skepticism is high. South Korea’s regulators have emphasized protecting users and preventing malfeasance , so aligning your governance with those goals is wise.

Conclusion: Starting a Bitcoin treasury company in South Korea is an ambitious endeavor that sits at the intersection of innovative finance and strict regulation. By carefully selecting a viable business model, obtaining the necessary licenses (and understanding when they are not needed), and following through with meticulous incorporation and compliance steps, you can establish a solid foundation. From there, success will depend on prudent management – securing banking relationships as the landscape opens up, rigorously safeguarding your crypto assets, and maintaining transparent and accountable operations.

South Korea’s regulatory environment in 2025 is both supportive and demanding: supportive in that institutions are being gradually welcomed into the crypto market (e.g., corporate accounts on exchanges, potential for ETFs and security tokens), but demanding in that compliance and user protection are non-negotiable. In this guide, we covered how to navigate the Financial Services Commission (FSC) and KoFIU requirements, how to align with accounting standards and tax laws, and how to implement best practices gleaned from both global norms and Korean-specific rules.

By prioritizing robust risk management (as evidenced by cold storage, ISMS, etc.) and strong corporate governance, your company can not only avoid pitfalls but also build a reputation as a trustworthy pioneer in the Korean crypto industry. Keep updated with regulatory changes (the landscape can shift with new laws or guidelines – for instance, guidelines for institutional crypto trading are anticipated by late 2025 ) and be ready to adapt quickly. Consider this guide a starting point – ongoing due diligence and expert consultations will be your allies going forward.

Finally, embrace the spirit behind the regulations: protect your stakeholders and act with integrity. If you manage your Bitcoin treasury with the same care as a traditional treasurer manages cash – plus the extra precautions unique to crypto – you’ll position your company for long-term credibility and success in South Korea’s dynamic market.

Figure: A late 19th-century photograph of a Japanese samurai with the traditional chonmage topknot, showing the shaved crown and tied hair. The chonmage (丁髷) is the iconic topknot hairstyle worn by samurai and other men in feudal Japan, especially during the Edo period (1603–1868) . This distinctive haircut involved shaving the crown of the head and gathering the remaining long hair into a bound topknot. Originally developed for pragmatic reasons – to help secure a samurai’s kabuto (helmet) and to keep cool in battle – the chonmage later took on deep cultural significance as a marker of samurai status, honor, and identity . In essence, what began as battlefield practicality evolved into a proud symbol of the samurai class. Though the practice was largely abolished in the late 19th century, the chonmage endures today in modified form (most visibly among sumo wrestlers) and remains an enduring emblem of Japan’s warrior heritage .

Origins and Early Development

The roots of the chonmage trace back over a millennium. As early as the 7th century, Japanese nobles wore their hair in high buns called mage (topknots) . This was partly to accommodate headgear – during the Heian period (794–1185), aristocrats would tie up and tuck their hair to anchor ceremonial caps (kanmuri or eboshi) as part of formal attire . When the warrior class (samurai) emerged, they adapted this topknot style for more practical ends on the battlefield . By the Kamakura and Muromachi periods (12th–16th centuries), men had begun shaving the tops of their heads and fashioning the remaining hair into a forward-folded knot – creating the chonmage hairstyle recognizable as the classic samurai topknot .

This evolution was driven largely by battlefield necessity. Samurai found that altering their hair in specific ways conferred tactical and comfort advantages in combat. In particular, the chonmage and its shaved crown (sakayaki) helped warriors in several practical ways:

• Harder to Grab: Removing hair on top made it difficult for an opponent to grab a samurai’s hair during close-quarters combat .
• Clear Vision: With the front portion of the head shaved and long hair tied up, there was less chance of hair falling into the warrior’s eyes, ensuring unobstructed vision in battle .
• Cooling and Ventilation: The exposed scalp on top allowed heat to escape more easily under a heavy helmet, providing ventilation in Japan’s hot, humid climate . In fact, some kabuto helmets were even designed with a small opening at the top to exploit this cooling effect .
• Helmet Stability & Cushioning: The knotted hair could act as a strap anchor and a pad for the helmet. Tying the hair into a topknot helped hold the kabuto steady on the head, and the bun itself formed a cushion between the metal helmet and the skull . This added comfort and kept the helmet from sliding during movement .
• Hygiene (Lice Prevention): Keeping the crown shaven reduced areas of dense hair where lice could thrive, thus lowering the risk of infestations during an era when bathing and delousing in the field were infrequent .

These practical benefits made the chonmage virtually essential for samurai by the height of the Warring States period (15th–16th centuries) . Contemporary accounts describe how warriors prepared their hair for battle. They would often untie any informal topknot to don their helmet smoothly, and they removed or plucked out hair from the front of the head to prevent overheating under the helmet . The practice of sakayaki (shaving or removing the forelock hair) was initially done by plucking rather than razor-shaving, which could be painful – the 16th-century Portuguese missionary Luís Fróis observed that samurai on the battlefield had heads “smeared with blood” from this hair-removal practice . Over time, as grooming tools improved, warriors shifted from plucking to shaving the crown; early samurai often used tweezers to remove hair, whereas by the Edo period barbers used razors to cleanly shave the top of the head .

Edo Period: Formalization and Symbolism

During the long peace of the Edo period (1603–1868), the chonmage evolved from a mere military convenience into a formalized social custom and a powerful symbol of the samurai class. With Japan unified and at peace, authorities codified many aspects of dress and appearance. A cropped pate (sakayaki) and topknot became mandatory for samurai, signifying their adherence to class norms and discipline . By the mid-17th century, even commoners were drawn into this grooming standard: all adult men were expected to shave the top of the head (and growing long beards was forbidden) as a mark of civilized appearance in the orderly Edo society . The style varied by status – samurai wore a more pronounced, higher topknot, while artisans and merchants who adopted the chonmage kept smaller, modest knots out of deference to the elite . Rōnin, the masterless samurai, were a notable exception: because they were not beholden to a lord’s regulations, they often did not shave their pate. A rōnin might wear his hair in a full unshaven mop or a rough ponytail, making him easily identifiable (and slightly socially suspect) in a culture where a clean shaved crown signaled proper samurai duty . In essence, the chonmage in Edo Japan became nearly ubiquitous among men, yet its style (size, shape, and shave) instantly conveyed one’s social position – from noble samurai down to townsman, or even the outsider status of a rōnin . Notably, records indicate there were over a hundred variations of chonmage style during Edo times, with different domains and professions developing their own signature way of shaving and tying the topknot .

Beyond these social rules, the samurai topknot took on profound symbolic meaning in Edo-period culture. The very look of the chonmage – the starkly shaved forehead and the carefully oiled knot – came to embody samurai virtues and their privileged rank. The shaved crown was often said to represent humility, self-discipline, and readiness to serve . (In a spiritual sense, a shaved head reflected the influence of Zen Buddhist aesthetics and the ideal of personal discipline.) Meanwhile, the prominent topknot standing tall was a visible badge of honor and fealty – a signal of the wearer’s martial status and loyal service to his lord . To wear a chonmage was to announce one’s identity as a warrior sworn to a code. Samurai became fiercely proud of this hair tradition. It was said that wearing the chonmage signified unwavering dedication and loyalty, whereas losing it was a grave humiliation . In fact, having one’s topknot cut off against one’s will was considered a dire insult and dishonor – effectively stripping a samurai of his status symbol. Some accounts note that defeated or disgraced samurai would sometimes be compelled to cut their topknot as a symbol of shame or surrender, underscoring how deeply the hairstyle was tied to personal honor .

It is also telling that when Japan began encountering the outside world after over two centuries of self-imposed isolation, the samurai chonmage immediately struck foreigners as a hallmark of Japanese culture. Western visitors in the 1850s–1860s were astonished by the peculiar shaved-and-topknotted heads of the samurai, finding the style utterly distinct from Western fashions. Many early foreign accounts remark on the samurai hair as an unforgettable visual symbol of Japan’s feudal society . Thus, by the end of the Edo era, the chonmage was not only an internal badge of samurai identity but also an external emblem of “Japanese-ness” in the eyes of the world.

The Meiji Restoration and the End of the Topknot

The upheavals of the mid-19th century – the end of the shogunate and the Meiji Restoration of 1868 – brought radical changes to Japanese society, including the way people groomed and presented themselves. The new Meiji government was eager to modernize along Western lines and viewed many samurai customs as relics of a feudal past . As part of these Westernizing reforms, the authorities targeted the chonmage. In 1871 (Meiji 4), an imperial edict known as the Dampatsurei (断髪令, “Cropped Hair Edict”) was issued, which formally discouraged and ultimately prohibited the wearing of the topknot . Samurai (now effectively ex-samurai, as the class itself was being abolished) were ordered to cut their hair short in Western military style. Before long, all men – from former samurai to commoners – adopted modern short hairstyles and Western hats, under social pressure if not explicit law . The centuries-old symbol of the samurai was thus deliberately phased out in the name of progress.

For many members of the old warrior class, this mandated haircut was not a trivial matter but a profound cultural and personal turning point. Contemporary reports describe some proud samurai weeping or feeling deep remorse as they sheared off the topknot that had signified their identity. After all, in samurai tradition it had been considered a deep disgrace to have one’s topknot cut off; now they were doing it to themselves by order of the state . Nonetheless, within a few years of the edict, the chonmage largely vanished from public life, joining the sword and armor as remnants of a bygone era. By the late 1870s, seeing a man still wearing a chonmage on the streets of Tokyo was a rarity – a stark visual reminder of how quickly Japan had transformed. The end of the topknot thus symbolized the broader dissolution of the samurai class and the feudal value system in Meiji Japan. What had once been a compulsory mark of samurai honor was now deemed an impediment to Japan’s modern national image and was officially outlawed as such .

Legacy and Modern Relevance

Figure: A modern sumo wrestler wearing the chonmage-style topknot. In sumo, wrestlers grow out their hair and oil it into a mage, though unlike samurai they no longer shave the crown. Although the chonmage disappeared from ordinary use after the 1870s, it was never completely forgotten – and it survives in a few traditional arenas. The most notable legacy is in professional sumo wrestling, where the athletes (rikishi) are required to wear their hair in a form of topknot as part of their uniform and ranking tradition . Every sumo wrestler grows out his hair to form a mage, which is styled by specialist hairdressers (tokoyama) into the familiar ginkgo-leaf-shaped knot for tournaments . There are some differences from the samurai-era chonmage: sumo wrestlers do not shave the top of the head as was once done, though they may thin or trim the crown area (a practice called nakazori) so that the topknot sits neatly . Top-ranked sumo wrestlers even wear a more elaborate ōichō (fan-shaped topknot) on special occasions, highlighting their status. In sumo, the chonmage is seen as a way to honor tradition and connect the sport to its samurai heritage . Indeed, seeing the imposing figures of sumo wrestlers with oiled topknots today immediately evokes images of the old samurai, keeping the visual memory of the chonmage alive in Japanese culture.

Outside of sumo, the chonmage continues to appear as a cultural and historical symbol. Traditional Japanese theater, especially Kabuki, frequently features actors wearing wigs styled into chonmage to portray samurai characters. The same is true for historical films, TV dramas, and reenactment events – the chonmage is an indispensable part of costuming whenever samurai of the Edo period are depicted, cementing its image as shorthand for the samurai class. In modern Japan, while no regular person wears a chonmage in daily life, the style is instantly recognizable and often used in advertising, art, or comedy to signify “old-time samurai” vibes. Even globally, the idea of a “samurai topknot” has captured imaginations; for example, the recent popularity of the men’s “man bun” hairstyle drew tongue-in-cheek comparisons to the chonmage (though the modern man bun is usually just a fashion statement without the chonmage’s cultural weight). In Japan, a few specialty barber shops and festivals will still do a chonmage styling on customers (usually using hair extensions or wigs) for novelty or photography, underscoring that it remains a cherished part of Japanese heritage.

In summary, the chonmage was far more than an odd old haircut – it was a functional innovation that became a symbol of an era. Its history mirrors the trajectory of the samurai themselves: arising from practical beginnings, elevated into a marker of elite identity and strict code, and eventually cast aside during rapid modernization. Yet its legacy endures in the arenas of tradition. From the disciplined ranks of Edo-period samurai to the dohyō (sumo ring) of today, the topknot continues to signify honor, tradition, and the unique cultural evolution of Japan .

Sources: Historical records and analyses on samurai customs and hairstyles , museum and cultural articles on the chonmage’s role and evolution , as well as modern references on sumo and traditional arts . The information reflects a synthesis of scholarly insights and documented observations on the chonmage from its origins to present-day significance.

Matters

—Five Epic Reasons

1. Plot Turbo-Button
   When Zeus nods off—or refuses to—history swerves. His sleepless night (Book 2) launches the disastrous false-dream to Agamemnon; his love-drunk slumber (Book 14) lets Poseidon charge in and rescue the Greeks. Divine shut-eye is Homer’s all-purpose lever for shocking momentum shifts.
2. Vulnerability at the Top
   Hypnos—“brother of Death”—can KO the king of Olympus. The sight of almighty Zeus helpless in Hera’s arms screams: even supremacy has pressure points. It’s a vivid reminder that every throne—mortal or divine—has an off-switch.
3. Cosmic Checks-and-Balances
   Night (Nyx) precedes and outranks the Olympians. Zeus tip-toes around her power because primal forces—day/night, sleep/wake—trump personal ambition. Homer uses divine sleep to whisper that the universe, not Zeus, writes the real rulebook.
4. Human Mirror, Human Stakes
   The gods sleep, feast, and flirt just like us, turning Olympus into a colossal mirror. That anthropomorphism yanks the epic’s high drama down to earth: if the immortals can be caught snoring, what chance do flesh-and-blood heroes have?
5. Tension Between Fate and Free Will
   A sleeping god = a fleeting crack in destiny’s wall. Mortals (and rival gods) exploit that crack—briefly reshaping outcomes before Zeus wakes and slams the door. Sleep, therefore, dramatizes the razor-thin space where human agency can flash, then vanish.

Bottom line: In the Iliad, a god’s nap isn’t background noise—it’s the cosmic pause button that flips power hierarchies, tests fate’s rigidity, and injects raw suspense into every dawn. When Olympus snoozes, the whole war holds its breath.

Iliad

Key Scenes of Gods Sleeping in the 

Iliad

Zeus’s Sleepless Night (End of Book 1 & Beginning of Book 2): At the end of Book 1, after the day’s disputes on Olympus, Zeus and the other gods retire for the night. Hera and Zeus lie down together as the sun sets, suggesting a return to domestic harmony. Notably, however, Zeus does not actually sleep – he lies awake “pondering in his heart” how to fulfill his promise to Thetis  . Homer explicitly states that “all the other gods and men… slumbered the whole night through, but Zeus was not holden of sweet sleep” . This sleeplessness prompts Zeus to send a deceptive Dream (Oneiros) to King Agamemnon, setting in motion the next day’s events. Thus, from the very start of Book 2, we see that while gods normally sleep at night, Zeus’s wakefulness here serves a purpose in the plot – he acts while others rest.

Hera Seduces Zeus – The Deception of Zeus (Book 14): The most prominent instance of divine sleep occurs in Book 14, in the famous episode often called the Dios Apate (“Deception of Zeus”). Here Hera devises a plan to distract Zeus by lulling him into sleep, so the pro-Greek gods can help the Achaeans behind Zeus’s back. Hera dons her loveliest adornments and enlists Aphrodite’s magic girdle of love to inflame Zeus with desire . Crucially, she also recruits Hypnos (Sleep) for assistance, whom she finds on the island of Lemnos. Homer pointedly introduces Hypnos as “the brother of Death”, underscoring the primordial power of sleep . Hera addresses him as “Sleep, lord of all gods and of all men” , indicating that even the immortals are subject to Sleep’s power. At first Hypnos is reluctant – he recalls a previous occasion when he helped Hera trick Zeus (sending the hero Heracles off-course) and Zeus’s wrath nearly destroyed him, only halted when Hypnos fled to his mother Nyx (Night), whom Zeus dared not anger . Hera eventually persuades Sleep by promising him one of the Graces, Pasithea, as a wife .

Example – Hera and Hypnos’s Plot: Hera implores Hypnos: “Lull me to sleep the bright eyes of Zeus… so soon as I shall have lain by his side in love. And gifts will I give thee, a fair throne… wrought of gold” . Hypnos answers, “I could with ease bring some other immortal to sleep… But I won’t come near Zeus… That day when Heracles set sail from Troy… I shed sweet sleep on Zeus; you (Hera) brought evil winds… Zeus woke in rage, and would have cast me from Olympus to the deep, had Night not saved me – for Night subdues both gods and men”  . This vivid passage highlights that even almighty Zeus was overpowered once before by Sleep, and that Zeus himself fears Nyx (Night), a power more ancient than the Olympians.

Hera proceeds with her plan: she seduces Zeus atop Mount Ida with irresistible charm. As they make love, Hypnos fulfills his part, pouring slumber over Zeus. The result is described in a lush, symbolic image: “Underneath them the divine earth made fresh flowers grow… Therein lay the twain… Then Zeus slumbered peacefully on Mount Gargarus, overcome with love and sleep, his wife in his embrace.” . In other words, Zeus falls into a deep, enchanted sleep. This is a pivotal moment: with Zeus now asleep, Poseidon (who has been waiting for a chance) rushes to assist the Greeks in battle . The Trojans are driven back under Poseidon’s onslaught while Zeus remains oblivious. Hera’s ploy has temporarily neutralized the chief god through slumber.

Sleep and Death Carry Sarpedon’s Body (Book 16): Another context involving divine Sleep comes after the death of Zeus’s mortal son, Sarpedon. In Book 16, Zeus consents to let Sarpedon die in battle (slain by Patroclus), but he takes special care of the body. He orders Apollo to rescue and cleanse the corpse, then instructs Apollo to deliver Sarpedon to the twin gods Hypnos (Sleep) and Thanatos (Death) to transport home . Homer writes that Zeus said to Apollo: “Give him to the twin brethren, Sleep and Death, who shall set him swiftly in the rich land of Lycia…” . The twins dutifully carry Sarpedon’s body away for proper burial rites in Lycia . This brief episode underscores Hypnos’s role not in making a god sleep, but as a personified god of Sleep ministering to mortals: here Sleep (with Death) gently escorts a fallen hero from the battlefield. It’s a poignant image that equates death to a kind of eternal sleep. In fact, ancient art often depicted this scene – for example, an Attic vase shows Hypnos and Thanatos as winged figures lifting Sarpedon’s body. Such imagery reinforces the idea that Sleep and Death are close companions, offering a peaceful deliverance from the horrors of war.

Hypnos (Sleep) and Thanatos (Death) carry the fallen Sarpedon from the battlefield. In the Iliad, Zeus entrusts his son’s body to these twin gods, underscoring the gentle, sacred care associated with sleep and death.

Other Mentions: Throughout the Iliad, nightfall generally brings a pause in combat and an assumption of rest for both mortals and immortals. Phrases like “when they had quenched their desire for food and drink, they lay down to sleep” appear for mortal warriors, and the gods similarly withdraw to their abodes in the evening. Although not always detailed, the poem implies that the Olympians customarily sleep at night just as humans do. For example, after one day’s battle, Zeus declares that the fighting will cease at dusk; the Trojans camp on the field, and the Greeks tend to their dead – all under the watch of “ambrosial night.” During these nightly interludes, the gods generally refrain from overt action (with the notable exceptions we’ve seen). In Homer’s world, Night (Nyx) is personified as a powerful, all-encompassing force before which even gods yield . This ensures a cosmic routine: day is the time for divine and mortal action, while night offers respite. Zeus’s unusual insomnia in Book 2 and Hera’s forced slumber upon Zeus in Book 14 stand out against this backdrop of normally quiescent nights.

Narrative Function of Divine Sleep

The instances of divine sleep (or sleeplessness) in the Iliad serve crucial plot functions:

• Enabling Plot Schemes: Zeus’s brief slumber in Book 14 is a deliberate plot device that allows the story to temporarily veer from Zeus’s strict plan. With Zeus literally “out of the picture” (asleep), the Achaean-friendly gods free Poseidon to intervene and rally the Greeks . This leads to a dramatic reversal on the battlefield – a moment of hope for the Greeks – that would not be possible under Zeus’s wakeful eye. It heightens tension: we know this success is precarious and depends on Zeus remaining asleep. Similarly, Zeus’s lack of sleep in Book 2 drives the plot: his decision, made during a sleepless night, to send a false dream to Agamemnon triggers the ill-fated initial assault on Troy. In both cases, the timing of divine sleep or wakefulness directly triggers the next phase of the war narrative.
• Divine Cunning and Deception: The motif of sleep is tightly entwined with deception in the divine realm. Hera’s seduction of Zeus is essentially a divine trick – a cunning stratagem using Sleep as a weapon. The gods in Homer often resort to ruse rather than brute force in their internal conflicts, and putting Zeus to sleep is the ultimate trick to sidestep his supremacy. The narrative uses this to inject a bit of comic irony and suspense: the audience is aware of Hera’s scheme while Zeus is oblivious, creating dramatic irony. Moreover, by referencing the earlier incident with Heracles, Homer connects this plot to a larger mythical context, implying that the gods have a history of such subterfuge. The Dios Apate scene thus functions both as high drama and a moment of almost folkloric storytelling within the epic (it’s essentially a tale of the lusty husband outwitted by his clever wife, with cosmic stakes). It provides a temporary release of dramatic tension and even a touch of humor amid the war. Notably, the narrative also shows Hera’s anxiety to cover her tracks – Zeus is enveloped in a golden cloud while they lie together, so that even Helios (the sun) “might not discern them” . This detail underscores the secrecy and reinforces the plot’s reliance on Zeus’s ignorance while he sleeps.
• Pacing and Respite: Descriptions of gods (and mortals) sleeping also help pace the epic. Homer’s story is structured around the cycle of days; battles rage from dawn till dusk, and nights are for recovery, planning, or furtive deeds. By depicting the gods as subject to nightly rest, the poem mirrors the human experience and sets a rhythm. For example, the end of Book 1’s convivial feast of the gods followed by sleep creates a calm interlude after the day’s hostilities. It also contrasts with the very next scene where Zeus stays mentally alert – emphasizing the weight of his scheming. In general, each mention of divine sleep or its absence signals a transition: either the close of one dramatic episode or the quiet before the storm of the next. This narrative rhythm would have been important for the oral audience to absorb the story in digestible cycles of tension and release.
• Forwarding Zeus’s Will vs. Subverting It: Sleep in the narrative often marks the boundary between Zeus’s active will and the possibility of its circumvention. When Zeus is awake and vigilant (as he is through most daytime battles), his will is law – e.g. in Book 8 he forbids all gods from aiding either side and personally turns the tide against the Greeks. Only when Zeus’s attention lapses (during sleep or distraction) can other gods assert their agendas. Thus, the Iliad uses Zeus’s periods of rest as windows of vulnerability in an otherwise omnipotent rule. A clear example is how Book 14’s outcome is swiftly reversed in Book 15: Zeus awakens, instantly perceives Poseidon’s meddling, and furiously reasserts his control. He berates Hera and sends Apollo to revive the Trojans, nullifying the gains made while he slept. This whiplash effect – Greek victory during Zeus’s nap, Trojan resurgence upon his waking – is a deliberate storytelling technique to keep the war’s outcome uncertain while still upholding Zeus’s ultimate authority in the end.
• Dreams as Divine Messages: Although slightly tangential to “gods sleeping,” it’s worth noting the role of sleep-induced dreams in the narrative. The Iliad portrays dreams as a medium of communication from the gods to mortals. Zeus’s sending of a “baneful Dream” to Agamemnon in Book 2 is explicitly a plot to delude the Greek king . This dream occurs while Agamemnon is sleeping, illustrating that the gods can manipulate mortals through their sleep. In a way, this is the inverse of gods themselves falling asleep – here a god uses human sleep to plant a false vision. The narrative function is again to advance Zeus’s plan (to bring disaster on the Greeks temporarily). The prominence of this dream in starting the chain of events leading to battle highlights how sleep is a narrative tool: it can be a moment when guards are down and divine influence can enter. In a broader sense, it reinforces that in the epic sleep is not merely rest; it is a state where fate can be rerouted or revealed.

Symbolic and Thematic Meanings of Divine Sleep

Beyond the immediate plot mechanics, the motif of gods sleeping carries rich symbolic and thematic significance in the Iliad:

• Anthropomorphism of the Divine: Homer’s portrayal of gods who eat, drink, sleep, and make love just as humans do is a testament to Greek anthropomorphism. Depicting Zeus nodding off in Hera’s arms or the gods lounging after a feast domesticates these divinities and makes their behavior relatable. It blurs the line between divine and human realms. The fact that the “sleep patterns of the Homeric gods are noticeably close to those of humans” was a distinctive feature of Greek epic . This serves to humanize the gods, which in turn allows the epic to explore themes of conflict, jealousy, and love among the gods in parallel to those among mortals. By needing sleep, the gods are shown as not entirely invulnerable or indefatigable – they have downtime, desires, and weaknesses. This human-like fallibility is crucial for the poem’s thematic exploration of pride (hubris) and folly: even Zeus, king of gods, can be overpowered by “soft slumber” and passion , reminding the audience that no one is above the universal forces of nature and emotion.
• Vulnerability and the All-Subduing Power of Sleep: Sleep in the Iliad is often depicted as an all-conquering force. In fact, Sleep (Hypnos) is addressed as “king of all gods and all men” by Hera . This is more than flattery; it reflects a cultural understanding that sleep “subdues all”. The idea that Sleep is the brother of Death reinforces this: just as death claims all beings eventually, sleep regularly overcomes all beings (even immortals) in its own way. When Zeus succumbs to slumber in Book 14, the narrative is symbolically suggesting that even the mightiest can be humbled. The image of Zeus “overmastered” by Sleep and Love is almost a moral tableau: the ruler of Olympus is rendered as helpless as any mortal in the arms of sleep. In this way, Sleep serves as the great equalizer in the epic. Thematically, this moment underscores that power can be checked by nature and desire. It also introduces a rare moment of vulnerability for Zeus, which is symbolically important: the cosmic order itself has a “off switch” in the form of sleep. That notion would not have been lost on ancient audiences – it injects a hint of uncertainty and fragility into the fabric of divine rule.
• Cosmic Order and Primordial Forces: The respect Zeus shows for Nyx (Night) – refraining from punishing Hypnos because Night might be angered – points to a theme that some forces predate and exceed the Olympian order. Night and her son Sleep are primordial deities (in Hesiod’s Theogony, Nyx is a primeval goddess). Zeus’s deference here is symbolic: Night is an embodiment of a cosmic law or inevitability that even Zeus must bow to . Culturally, this aligns with a Greek sense that certain natural cycles (day and night, sleep and wake, life and death) are fundamental and inexorable. By showing Zeus fearing to “offend” Night, Homer acknowledges that the Olympians are part of a larger cosmic hierarchy. Sleep, as Night’s offspring, carries this aura of primal authority. Every evening when darkness falls in the epic, it’s as if the cosmos itself, not Zeus, mandates a truce. In thematic terms, this emphasizes limits on Zeus’s power – a key tension in the Iliad is between Zeus’s will (often called Zeus’ plan or will of Zeus) and other forces like Fate or primordial entities. Divine sleep episodes highlight that Zeus’s will can be delayed or diverted by such forces. The sacred marriage scene (Zeus and Hera on Ida) even has fertility symbolism – earth blooming with flowers beneath them – suggesting a cosmic renewal aspect to their union . Yet ironically this hieros gamos (sacred marriage) results in Zeus’s incapacitation. Symbolically, one could read that as nature reasserting balance: the king of gods is disarmed by the very forces of life (sex and sleep) that sustain the world.
• Parallels Between Sleep and Death: Homer draws an explicit parallel between sleep and death by casting Hypnos and Thanatos as twins. This is more than a throwaway mythological detail; it taps into a deep thematic resonance. In war, every warrior’s sleep could figuratively be their last – death “eternal sleep” always looms. By having Sleep and Death jointly carry Sarpedon, the epic poet suggests that death is as gentle (or inevitable) as falling asleep . Culturally, the Greeks often used the metaphor of sleep for death (a tradition continued in later literature). The presence of Hypnos at a death scene softens the tragedy: we imagine Sarpedon’s soul passing peacefully. Thematically, it adds a layer of poignancy – even in the brutality of war, there is a promise of rest. It also reinforces the notion of divine compassion: Zeus cannot save his son’s life (due to fate), but he ensures the corpse is tended by kind powers. Sleep here symbolizes mercy and relief from pain. On a grander scale, by pairing sleep and death, Homer reminds us of the fragile boundary between consciousness and oblivion, whether for gods or men. The “twin” concept implies a cycle: each day we wake (life) and each night we sleep (a temporary death), while for mortals in epic, the final sleep lurks as the ultimate fate.
• Divine Marital Dynamics – Trust and Deceit: The depiction of Zeus and Hera sharing a bed has thematic implications for marital harmony and discord. Normally, husband and wife lying down together would signify peace (indeed Hera’s reconciliation at the end of Book 1 suggests she’s accepting Zeus’s decisions for the moment). Yet, the fact Zeus lies awake plotting (Book 2) or Hera schemes to seduce him (Book 14) turns the marital bed into a venue for intrigue. Thematically, this mirrors the constant tension between male and female power on Olympus. Hera’s successful use of sleep to outwit Zeus in Book 14 can be read as female guile triumphing, however briefly, over male authority. It’s notable that Hera fears the shame of being seen coupling with Zeus in the open  – she insists on secrecy, which implies a furtiveness even within their marriage. All these details feed into the theme of distrust between Zeus and Hera, a recurring motif in the Iliad. Divine sleep (or lack thereof) in this context symbolizes trust or its violation: when Hera lulls Zeus to sleep, she violates his trust literally behind his back, and when Zeus lies awake next to Hera, he withholds his thoughts from her, effectively plotting behind her back . Thus, sleep in the marital context becomes a metaphor for openness vs. guardedness between partners. Homer uses it to enrich the portrayal of the troubled partnership of Zeus and Hera, which in turn reflects broader themes of order vs. chaos (Zeus seeks to control fate, Hera often stirs conflict). That Zeus needs to sleep at times and can be tricked into it by Hera underscores that even divine order has its lapses – moments when other forces (whether Hera’s will or the collective of gods) can assert themselves.

Divine Sleep in Broader Greek Mythology and Culture

The idea of gods sleeping is somewhat paradoxical – one might expect omnipotent, ageless beings not to require sleep. In Greek culture, however, the gods were profoundly anthropomorphic, especially in early literature like Homer. The Iliad’s portrayal of divine sleep fits into a larger mythic framework where personified deities of natural phenomena have power over even Olympian gods:

• Primordial Personifications: As noted, Hypnos (Sleep) is the son of Nyx (Night) in Hesiod’s cosmogony, making him a fundamental cosmic force. The fact that Homer calls Sleep the “subduer” of all aligns with Hesiod’s genealogy – Night and her children (Sleep, Death, Dreams, etc.) represent primal conditions of the world. In Greek mythic thought, it was not contradictory for an Olympian to fear or respect such beings; they are older than Zeus and operate by their own rules. Zeus’s reluctance to provoke Night in the Iliad reflects a pan-cultural motif: in many ancient traditions, the supreme gods still yield to the cycle of day and night (for instance, in Near Eastern myths, great gods take rest or their power recedes at night). The Greeks, too, inherited this sense that Night is an inviolate power. We might compare this to the idea that even the sun-god Helios must vanish at night – similarly, Zeus’s active rule essentially “sleeps” each night. Thus, divine sleep in Homer has roots in a broader cultural understanding of cosmic order.
• Rarity of Sleeping Gods in Myth: Outside of Homeric epic, explicit depictions of gods sleeping are relatively rare. The Olympians of later literature are often imagined as ever-vigilant or at least not bound to daily routines. Yet, hints of divine rest do appear. In the Odyssey, for example, there are moments when gods are said to be feasting or away, and one passage mentions Athena waiting until dawn because “the other gods” are presumably inactive at night. Some Greek rituals and poems personified Sleep (Hypnos) and Dawn (Eos), implying the gods, like nature, awaken with the dawn. There isn’t evidence of formal worship of gods sleeping, but Hypnos himself had cult titles and was sometimes invoked for rest or painless death. Greek art and literature more commonly use the sleep of gods as a narrative motif (as Homer does) rather than a theological point. One extramortal myth worth noting is that of Endymion: a mortal granted eternal sleep. Different sources vary – in one version, Zeus grants Endymion immortality in perpetual slumber; in another, the moon goddess Selene loves Endymion and lulls him into everlasting sleep to keep him youthful. The Endymion myth, while about a mortal’s sleep, underscores a divine connection to sleep as a blessed, timeless state. It’s telling that later authors even mentioned Hypnos in relation to Endymion’s story . The Greeks clearly found something enchanting about the notion of unending sleep, often associating it with divine favor or suspension of time.
• Cultural Significance of Hypnos: Hypnos (Sleep) was not a major god in cult, but he appears in literature and art, often alongside his twin Thanatos. This pairing was a popular motif, especially on funerary objects (like the lekythos vase image above). It symbolized the hope for a peaceful death and gentle afterlife, equating it to falling asleep. The Orphic and Pythagorean traditions later would philosophize about the “sleep” of the body and the awakening of the soul, but in Homer’s time the focus is more concrete. The presence of Hypnos in the Iliad shows that even in the 8th-century BCE imagination, the Greeks had personified the concept of sleep and woven it into their heroic narratives. They likely recognized how common human experience (sleep) could be elevated to the divine realm. In daily life, sleep was when people believed they received truthful dreams or omens from the gods. Thus, Hypnos and his brothers the Oneiroi (Dreams) had a subtle but important cultural role as messengers and healers – sleep could bring prophetic dreams or relief from pain. In the Iliad, we see this cultural idea reflected when sleep brings messages (Zeus’s dream to Agamemnon) and when sleep brings respite (the night pauses in fighting).
• Do Gods Need Sleep? The Iliad makes it clear that Homer’s gods do sleep, but perhaps not out of need as much as convention or cosmic law. Later philosophical writers (like Aristotle or Plato) might argue about whether gods, being perfect, would require rest. But to Homer and his audience, such questions were likely moot – the gods behave like an idealized aristocracy, feasting by day, sleeping by night, waging war or scheming as they please. If anything, the fact that Zeus can go a night without sleep (Book 2) shows that gods are not strictly bound to it as mortals are. Zeus endures a sleepless night with no ill effect, something no human in the epic could easily do. This suggests that divine sleep in Greek myth is a luxury or choice rather than a biological necessity. It humanizes the gods without fully making them vulnerable in the way mortals are. Zeus’s occasional insomnia is a narrative convenience (so he can plot in secret), and his succumbing to sleep is usually induced (by Hera) or a sign of relaxation (after love). In short, Greek mythology portrays the gods as capable of sleep, especially to drive a story or illustrate a point, but not dependent on it. This sets them apart from humans even as it makes their personalities familiar.
• Comparative Note: Interestingly, in other ancient cultures, the motif of a “sleeping god” sometimes symbolized either the god’s dominion being unchallenged (hence he can leisurely sleep) or, conversely, a period of the god’s absence or inattention to the world. In Mesopotamian myth, for example, gods’ rest is disturbed only for big events. In the Iliad, Zeus’s sleep leans toward the latter – it’s a lapse in oversight that invites chaos. However, one could also interpret that only a supremely confident ruler like Zeus would dare to sleep at such a critical time (thinking the war is under control). Either way, Homer uses a theme that had cross-cultural resonance: when the gods sleep, the world can change.

Impact of Divine Sleep on Mortals and God-Mortal Dynamics

The sleeping (or not sleeping) of gods in the Iliad has direct consequences for mortal characters and highlights the delicate balance of power between humans and deities:

• Turning the Tide of Battle: The most obvious impact is in Book 14–15: Zeus’s slumber allows the Achaeans a fleeting advantage in the war. From the human perspective, this was the answer to many prayers – Achaean heroes had been desperate as Zeus was favoring the Trojans. The moment Zeus’s eyes close, the Achaean tide rises: warriors like the two Ajaxes and King Idomeneus rally under Poseidon’s encouragement, and even Hector is struck down and nearly killed during this interval . This dramatic shift would have been impossible had Zeus stayed awake enforcing his ban. Mortals, of course, are unaware why fortune has shifted – the poem lets us see the divine cause. But on the ground, the Greek warriors simply experience a sudden change of luck or di fate. This underscores a central theme of the Iliad: mortals are subject to the whims and states of the gods. A god’s nap can mean the difference between life and death for a human army. When Zeus wakes and re-imposes his will, the mortals once again are thrown into despair as Apollo revives the Trojans. The brief hope given to the Greeks thus also serves to emphasize how dependent their success is on the gods’ dispositions. It’s a poignant illustration of the gods’ caprice: brave men strive and die on the battlefield, yet the narrative shows us that something as deceptively mundane as Zeus taking a nap tipped the scales.
• Divine Politics Affecting Humans: Hera’s conspiracy with Hypnos is essentially divine politics, but it’s not contained in the heavens – its ripple effect engulfs the human sphere. The gods in Homer often act like an extra set of combatants in the war, and their personal quarrels or agreements manifest as boosts or setbacks for mortals. Divine sleep plays into this dynamic by creating moments when some gods can act freely. It highlights a stratification: when Zeus is awake, heroes are pawns under one supreme strategy (Zeus’s plan to honor Achilles). When Zeus sleeps, mortal free will (and other gods’ wills) momentarily expand. The dynamic becomes almost democratic for that short span – lesser gods like Poseidon or Athena can empower their favorites without fearing lightning bolts, and warriors can win glory that Zeus might have otherwise prevented. For mortals, it means their fates aren’t absolutely fixed; the intervention or withdrawal of a god can alter destiny, at least temporarily. In a broader sense, this fluctuation underscores the Iliad’s exploration of fate vs. agency. The gods’ “downtime” (sleep or distraction) is when human agency has a bit more breathing room. Of course, ultimately Zeus (and Fate) recalibrate things, but these windows of opportunity add complexity to the mortals’ struggle. It’s not a simple puppet show – timing and cunning matter. Agamemnon’s decision to attack after the false dream (thinking Zeus is on his side) leads to real human consequences (battle losses). Hector’s bold advance in Book 14 nearly gets him killed because he doesn’t know Poseidon is backing the Greeks at that moment. Thus, divine sleep indirectly tests mortals’ mettle and shapes their legends.
• Dreams Guiding Mortals: As mentioned, the false dream Zeus sends is one way divine sleep affects mortals: it plants false confidence in Agamemnon . But elsewhere in epic and tragedy, true dreams can guide mortals to wise action. In the Iliad, we don’t see a positive guiding dream (since Zeus’s intent was deceptive), but the concept is present – a warrior in the poem might say, “I heeded a dream sent by the gods.” This reflects a widespread belief in antiquity that sleep is when mortals are most accessible to divine messages. It’s a kind of inverse relationship: while mortals sleep, gods are active in their minds. Conversely, when gods sleep or withdraw, mortals are left to their own devices. This trade-off is key to the god-mortal dynamic: one side’s rest might be the other side’s opportunity or trial. For example, in Book 10 (the Night Raid), most of the Greek camp is asleep, exhausted and anxious. Agamemnon, Menelaus, and others lie awake, troubled. They believe the enemy might attack by night. Here Athena takes initiative (without needing Zeus) to assist Diomedes and Odysseus on a stealth mission. One could say the partial absence of the gods’ open intervention (since Zeus isn’t explicitly controlling the night) allows human heroes to prove themselves through cunning rather than brute divine force. It’s a different kind of test that occurs under cover of sleep/darkness. The implication is that when gods step back (or nod off), mortals can step up – though always at great peril.
• Human Perception of Divine Lapses: From the mortal characters’ perspective within the story, they do not know “Zeus was asleep” as an explanation for events. Instead, they perceive omens or the lack thereof. However, the epic singer (and the listening audience) does know, which creates a multifaceted understanding: we sympathize with mortals struggling to interpret their gods’ will. For instance, after the day of fighting that went against the Trojans (due to Poseidon’s covert help), Hector says at the start of Book 15 that perhaps the gods had turned against him. He doesn’t realize it was a temporary situation orchestrated by Hera and Hypnos. When Zeus sends thunder upon waking, mortals interpret it as Zeus’s favor returning to the Trojans – and indeed it is. This highlights how mortal affairs are directly subject to the vagaries of divine attention. A war can hinge on a god’s personal schedule! The dynamic between gods and mortals here is almost like ruler and subject: the king’s absence (or sleep) can lead to chaos in the kingdom; his return restores order, for better or worse. Mortals, in their piety, constantly try to please the gods to keep their attention and favor. Achilles, for example, prays to Zeus at several points, and he trusts that Zeus will not sleep on the job when it comes to his honor. Indeed, Zeus’s sleepless night in Book 2 was specifically to devise a plan honoring Achilles’s request. So from Achilles’s viewpoint, Zeus’s wakefulness was a boon that set in motion the Achaeans’ suffering (and thus Achilles’s vindication). This interplay shows that whether gods sleep or not can fulfill or frustrate human prayers.
• Mortal Sleep vs. Divine Sleep: It’s also instructive to compare how the epic treats the sleep of mortals versus that of gods. Human characters often desperately need sleep to recover (Nestor urges a guard rotation at night; soldiers are described as bone-weary). A lack of sleep can impair them – e.g. Agamemnon’s troubled insomnia in Book 10 is a sign of his stress and leads him to rash decisions. Gods, by contrast, do not suffer fatigue in the same way. When Hera orchestrates Zeus’s nap, it’s by enchantment, not because Zeus was tired. This contrast reinforces the hierarchy: mortals require sleep and can be at their most helpless when asleep (think of Diomedes and Odysseus catching the Trojan spy Dolon literally asleep on his feet in Book 10). Gods, however, choose to sleep or not, and when they do, it’s more like a luxurious trance than a biological shutdown. The consequence for god-mortal relations is that a sleeping god is a rarity that mortals cannot predict or influence. Mortals pray and sacrifice to influence gods when awake; they have no recourse if a god is asleep or absent. In practical terms, if Zeus sleeps, no prayer can reach him until he wakes. This dynamic is illustrated by the long period in the beginning of the epic when Zeus is away feasting with the Ethiopians; Thetis must wait twelve days to petition him on Achilles’s behalf. During those days, the Greeks suffer without divine reprieve. Here it wasn’t sleep but a divine “holiday”, yet the effect is similar: the chief god’s unavailability causes mortal struggles. Thus, a theme emerges that the timing of divine attention is crucial, and mortals are at the mercy of it.
• Fate and Free Will: Ultimately, divine sleep in the Iliad touches on the grand question of fate vs. free will. If we consider Fate (Moira) as the ultimate law, one might ask: could Zeus sleeping alter fate or just delay it? The poem subtly suggests it mostly delays the inevitable. Sarpedon, for instance, still dies on schedule; Zeus’s ordering of Sleep and Death to handle the body doesn’t change that fate, but it does ensure the fated death is accompanied by divine mercy. In the case of the Trojan War’s trajectory, Hera’s successful ploy gives the Greeks a boost, but it cannot ultimately save Troy or fully thwart Zeus’s broader design (to glorify Achilles). What it does do is allow individual feats of heroism and choices to play out in the interim. For mortals, these interim actions are everything – lives are won or lost, honor is gained or squandered, in those small windows where fate seems suspended. Thus, the gods’ sleeping moments are when human free will operates at its peak, only to be reined in again. The dynamic between gods and mortals here is almost like a tide: the gods’ consciousness and will flood in and out of the human realm. Mortals navigate this as best they can, sometimes taking advantage of the ebb (as Odysseus and Diomedes do at night, or the Greeks do when Poseidon aids them), and other times being swept away by the flow (as when Zeus wakes and the Trojan tide returns).

In summary, divine sleep in the Iliad is a multifaceted motif. We see literal instances of gods sleeping (Zeus being seduced into slumber; the gods resting at night) and figurative uses of Sleep as a deity (Hypnos intervening in war and death). These moments are integral to the epic’s narrative structure, providing twists in the plot and pauses in the action. They carry symbolic weight, reminding the audience that even gods have their moments of weakness or withdrawal, and that great cosmic forces like Night and Sleep are universal. In the wider mythological context, Homer’s handling of divine sleep reflects Greek imaginative interest in personifying natural processes and acknowledging that the cosmos has an order that even the Olympians respect. For the mortals of the Iliad, the sleep of a god can mean disaster or deliverance – it is yet another caprice of the divine that they must endure. Thus, through the lens of sleep, Homer highlights both the continuity between gods and humans (shared experiences like rest and love) and the vast gulf between them (mortals suffer the consequences, while gods wake to a new day unscathed). The result is a richer understanding of the precarious balance in Homer’s world, where the gods’ eyes may close, but their influence never truly sleeps.

Sources:

• Homer, Iliad (esp. Books 1–2, 14, 16), translated by A.T. Murray (Loeb Classical Library) .
• Homer, Iliad Book 14 (Ian Johnston translation) .
• Centre for Hellenic Studies – The Iliad analysis on Hera and Zeus .
• GreekMythology/Theoi.com – Hypnos entry (background on Sleep as deity) .
• Classics@ Journal 2023 – Ariadne Gartziou-Tatti, “Hypnos and Thanatos in the Iliad” (on Sarpedon’s death) .

Strategy (the artist formerly known as MicroStrategy) now squats on 580,955 BTC—that’s over half-a-million digital coins welded to its balance sheet. 

Michael Saylor just cranked the money-printer again, floating a fresh $1 BILLION stock offering to hoover up even more sats. 

The corporate mission? Crush a 25 % BTC-yield in 2025—stack coins faster than the halving can starve the market. 

10 GOD-MODE COMMANDMENTS FOR HYPER-PUMPING mNAV

1. PRINT WHEN THE CROWD IS FOAMING.
   Sell paper (shares) at a premium, convert that hot froth straight into cold storage bitcoin. Dilution? Nah—each raise amplifies BTC per share because the price premium does the heavy lifting.
2. DECAPITATE BAD DEBT.
   When the stock moons, force convertibles to equity. Debt evaporates, balance-sheet bloat melts away, and NAV rockets.
3. BUY THE DIP, BUY THE RIP, BUY EVERYTHING.
   Weekly DCA? Cute. Strategy shotgun-buys billions on red candles. Every satoshi captured is a future lever of compound dominance.
4. LOCK THE TREASURY—NO FORCED SALES, EVER.
   Liquidity buffers and fixed-rate notes mean zero margin calls. The stash lives, breathes, and multiplies—untouchable.
5. TURN SOFTWARE INTO A CASH-FLOW SIDE QUEST.
   MicroStrategy ONE + AI = recurring SaaS money that pays the light bill while Bitcoin does the heavy lifting.
6. ACQUIRE LIKE A CYBORG.
   Bolt on lightning-network startups, AI analytics ninjas, and any team that adds speed or signal. Pay with over-valued equity; keep the BTC intact.
7. PREACH THE GOSPEL.
   Saylor on X, at conferences, on every mic within earshot: “Bitcoin is hope. Strategy is the vessel.” Narrative is NAV rocket fuel.
8. TIME THE MACRO SWELLS.
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9. SHOW THE NUMBERS—LOUDLY.
   Real-time dashboards of BTC per share, cost basis, unrealized gain. Radical transparency magnetizes diamond-handed capital.
10. HODL UNTIL THE UNIVERSE BLINKS.
    The master plan is simple: Increase bitcoin per share forever. If BTC rips to infinity, mNAV becomes god-tier infinity².

Bottom line: Strategy is more than a company—it’s a self-replicating Bitcoin organism. Keep printing stock, keep nuking debt, keep inhaling sats, and keep shouting the vision. Market Net Asset Value doesn’t just climb; it goes supernova.

Strap in, keep stacking, and watch the Death-Star fire again.

Yep — the maple-leaf money is real.

ABA is legally Cambodian (registered and licensed in Phnom Penh), but since October 2019 the National Bank of Canada (NBC) has owned ≈ 99.99 % of its shares, making it effectively a Canadian-controlled subsidiary. 

How the Canadian stake happened — the fast-track recap

1. 2014 – Beachhead (10 %)
   NBC buys an initial 10 % in ABA to test the waters of fast-growing Southeast Asia.  
2. 2015 – Scale-up (42 %)
   Confidence grows; the Canadians quadruple their position to 42 %.  
3. 2016 – Control (90 %)
   A further share-purchase agreement lifts NBC to a commanding 90 % stake—the first North-American majority owner of a Cambodian bank.  
4. 2019 – Virtually full ownership (99.99 %)
   NBC acquires the remaining shares, cementing ABA as its crown-jewel emerging-market arm.  
5. 2024 – “We’re not selling.”
   When rumors swirled that NBC might cash out, it publicly denied any plan to exit, calling ABA a growth engine.  

Why a Canadian bank dove into Cambodia

Strategic Play	What it means
Hyper-growth market	Cambodia’s banking sector has expanded at double-digit rates for a decade; returns dwarf slow, regulated Canadian margins.
Underserved population	Millions of Cambodians were unbanked—perfect for a digital, app-driven leapfrog.
Regulatory green light	The National Bank of Cambodia welcomes foreign expertise and capital, especially when paired with local management.
Diversification hedge	NBC spreads risk beyond North America, balancing mature markets with frontier-market upside.
First-mover advantage	Being the lone G-7 parent bank in Cambodia gives NBC an edge in corporate, trade-finance, and big-ticket deals.

Does “Canadian-owned” change the vibe on the street?

Not really—ABA still speaks Khmer, runs on local talent, and courts tuk-tuk drivers and tech startups alike. The Canadian back-stop simply turbo-charges trust, capital, and global-grade risk management. That combo—Khmer hustle + Canadian muscle—is exactly why ABA rules Cambodia’s banking leaderboard today.

So yes, “Really Canada.” 🇰🇭🤝🇨🇦

Quick answer in one line:

ABA Bank is Cambodian—head-quartered and licensed in Phnom Penh—yet 99.99 %-owned by National Bank of Canada, and it’s wildly popular because it turned banking in Cambodia into a slick, phone-first, 24-hour experience that even the remotest tuk-tuk driver can use.

Why Cambodians (and expats) rave about ABA

🔥 Reason	What makes it epic	Source
1. Phone-first banking pioneer	Launched Cambodia’s first full-scale mobile app ABA Mobile in 2015; now the #1 free finance app and handles 80 %+ of all customer transactions.
2. Everywhere, 24/7	99 branches, >1,600 self-banking “24/7 Zones,” ATMs & Cash-Deposit Machines blanketing every province.
3. Rocket-fuel capital	Backed by National Bank of Canada—a fresh US $220 million injection in 2024 alone—so people trust its balance-sheet strength.
4. Fin-tech swagger	First to roll out QR-code payments, PayWay e-commerce gateway, instant FAST transfers, and online account opening—zero paper, zero queue.
5. Awards on repeat	“Best Bank in Cambodia” 11 years running (Global Finance, Euromoney, International Finance).
6. Big-league numbers	Assets: US $13.8 billion (2024), deposits US $11 billion, 4.4 million customers—largest commercial bank in the country.
7. SME & micro-loan champion	Fuels Cambodia’s small-business boom with fast-turnaround digital loans and merchant tools—loved by street vendors to startup founders.

The country connection—Cambodia × Canada synergy

1. Cambodian roots: Founded in Phnom Penh in 1996 to serve local corporates, so it “speaks Khmer” in both culture and compliance.  
2. Canadian muscle: Since 2019 it has been virtually wholly owned by Montréal-based National Bank of Canada, plugging first-world risk management and deep pockets into an emerging-market rocket ship.  

The takeaway

ABA won hearts because it married world-class tech and Western-grade capital with on-the-ground Cambodian hustle. In a country where cash once ruled, ABA put an entire bank inside a smartphone and backed it with the credibility of a G-7 parent—no wonder it’s the go-to wallet from Phnom Penh penthouses to rural market stalls.

(Now imagine what happens when they start exporting that playbook across ASEAN…)

Founding and Early Years (1996–2006)

ABA Bank was established in 1996 under the name Advanced Bank of Asia Limited, initially focused on providing commercial banking services to a limited number of corporate clients . In its early years, the bank operated on a modest scale, catering to Cambodia’s emerging business community and corporate sector. As a private financial institution (not state-owned), ABA Bank spent its first decade building a foundation in the Cambodian banking market, though its footprint remained relatively small during this period.

New Ownership and Rebranding (2007–2010)

A major turning point came in April 2007 when Visor Group, a Kazakhstan-based emerging markets private equity firm, acquired a 100% stake in ABA Bank . This international acquisition brought fresh capital and expertise, leading to significant investment in the bank’s infrastructure and strategy. Following the takeover, ABA Bank expanded beyond its initial niche – it opened its first provincial branch in Siem Reap in 2007 and began moving into retail and SME banking . In 2008, the bank rolled out technological upgrades, launching one of Cambodia’s first advanced internet banking platforms (branded “iBank”) and installing a nationwide network of ATMs/POS in partnership with MasterCard .

This period also saw a change in leadership and identity. A new management team joined the bank, and in 2009 the institution rebranded itself as ABA Bank, introducing the “ABA” brand to the market . Under the new leadership (which included future CEO Askhat Azhikhanov ), ABA modernized its image and broadened its services, adding offerings like Visa debit/credit cards, MoneyGram transfers, and small-business loans . The fresh strategy quickly yielded results – ABA turned profitable by 2010 and entered a phase of continuous growth .

Rapid Growth and International Partnership (2011–2015)

In the early 2010s, ABA Bank embarked on rapid expansion. It steadily grew its customer base and geographic presence, extending banking services to more communities. By 2014, ABA’s branch network had exceeded 25 outlets nationwide after opening a record eight new branches in that single year . The bank’s robust growth and improved services began garnering industry recognition; for example, Euromoney and The Banker magazines named ABA as the “Best Bank in Cambodia” in 2014 , reflecting the bank’s rising prominence.

A key development in this era was the entry of an international strategic partner. In July 2014, the National Bank of Canada (NBC) became a minority shareholder in ABA Bank . The Canadian banking group’s investment (initially around 42% ownership by 2015 ) brought new opportunities and confidence to ABA, strengthening its capital base and corporate governance. Even as this partnership took shape, ABA continued to innovate on the technology front. Notably, in 2015 the bank launched ABA Mobile, the first full-scale mobile banking app in Cambodia, which greatly enhanced digital banking convenience for customers . This early move into mobile banking (along with other digital offerings) set ABA apart as a tech-forward bank and contributed significantly to its growth in retail deposits and transactions. By mid-decade, ABA had firmly established itself among Cambodia’s top-tier banks, blending rapid physical expansion with digital innovation.

National Bank of Canada Ownership and Market Leadership (2016–Present)

The latter half of the 2010s saw ABA Bank solidify its leadership in the Cambodian banking sector, backed by increasing international ownership. The National Bank of Canada progressively raised its stake in ABA – growing to a 90% ownership by 2016 – and eventually acquiring 99.99% of ABA’s shares in 2019 . With this final acquisition, ABA Bank became a subsidiary of National Bank of Canada Group, a relationship symbolized by an updated ABA logo in 2017 denoting its membership in the Canadian banking group . Under the stability of this ownership, ABA continued to expand and innovate at an impressive pace. It added numerous branches each year (reaching 99 branches by 2024 across Cambodia ) and extended services into rural districts, while also investing heavily in digital infrastructure.

ABA’s focus on technology earned it a reputation as a digital banking leader. The bank was an early adopter of fintech solutions in Cambodia – for instance, it partnered with others to introduce QR code payments in the country’s payment ecosystem by 2018 . ABA also launched the PayWay online payment gateway to support e-commerce and introduced online account opening services, enhancing accessibility for customers . International rating agencies took notice of ABA’s progress; by 2017, ABA Bank became the first bank in Cambodia to receive two international credit ratings (from agencies like S&P), reflecting growing confidence in its financial soundness . The bank has consistently earned accolades such as “Best Bank in Cambodia” from publications including Global Finance and Euromoney year after year in the late 2010s and into the 2020s .

On the regulatory front, ABA achieved a significant milestone in 2019 by issuing and listing corporate bonds on the Cambodia Securities Exchange, raising 84.8 billion riels (around $21 million) . This move not only diversified the bank’s funding sources but also marked one of the early corporate bond issuances in the local market by a commercial bank. ABA’s participation in industry-wide initiatives (such as the National Bank of Cambodia’s FAST payment system for instant fund transfers ) and partnerships with insurance and fintech firms has further integrated it into the fabric of Cambodia’s financial sector.

Today, ABA Bank holds a leading position within Cambodia’s banking industry. It is Cambodia’s largest commercial bank by key metrics – including total assets, customer deposits, loan portfolio, and profitability – according to recent National Bank of Cambodia reports . By the end of 2024, ABA’s assets had grown to roughly $13.8 billion, reflecting a diversified and rapidly expanding portfolio . The bank’s lending is heavily focused on micro, small, and medium enterprises, which has fostered entrepreneurship and economic growth at the grassroots level. As a result, ABA is seen as a major driver of the country’s financial stability and development .

Leadership: Much of ABA’s extraordinary journey can be attributed to its strong leadership and vision. The transformation initiated in 2007–2009 was led by experienced international bankers introduced by the new owners. Notably, Askhat Azhikhanov, who joined during the 2009 restructuring, later became President & CEO of ABA Bank and has overseen its expansion into a modern, technology-driven institution. Under his tenure and the guidance of the Board (which includes representation from National Bank of Canada), ABA has pursued a strategy centered on customer-centric innovation and prudent growth .

In summary, ABA Bank’s history spans from a modest start in 1996 to its current status as a market-leading, internationally-backed Cambodian bank. Key chapters of this history include its founding to serve corporate clients, a 2007 acquisition that injected new life and direction, a rebranding and modernization drive around 2009, aggressive expansion and early adoption of digital banking in the 2010s, and the partnership with National Bank of Canada that propelled ABA into the top tier of Cambodia’s financial sector. Today, ABA Bank stands as a flagship institution in Cambodia, blending local insight with global standards, and continues to play a pivotal role in the country’s banking industry.

Sources: The information above is drawn from ABA Bank’s official publications and reputable news sources, including the bank’s own historical timeline and corporate reports , as well as coverage in the Phnom Penh Post and other outlets . These sources document ABA’s milestones, ownership changes, and achievements over the past decades in detail.

Introduction

The Cambodian riel (KHR) is often regarded as a stable currency by observers, especially in recent decades. This stability refers to the riel’s relatively steady exchange rate and controlled inflation, which have persisted despite Cambodia’s unique monetary environment. A key context is Cambodia’s partial dollarization – the widespread use of the US dollar alongside the riel – which has both underpinned and complicated the riel’s stability. In this report, we examine why the Khmer riel is considered stable, looking at its exchange rate trends, inflation record, macroeconomic conditions, the policies of the National Bank of Cambodia (NBC), and structural or historical factors. We also compare the riel’s stability with other regional currencies to provide a broader perspective.

Historical and Structural Background

Cambodia’s monetary history has shaped the riel’s current stability. The first riel was introduced in 1955 but was abolished during the Khmer Rouge regime (1975–1979), which left the country without a currency . After the regime’s fall, a new riel was reintroduced in 1980. Initially, confidence in the riel was low – the government even gave away new notes to encourage adoption in a devastated economy . At that time, the riel was pegged at 4 riels per 1 US dollar. However, with severe economic hardships and reliance on foreign aid (often in USD), the riel’s value plunged: from 4 KHR/USD in 1980 to around 4,000 KHR/USD by the early 2000s . This massive devaluation in the 1980s and early 1990s eroded public trust in the riel. Many Cambodians turned to foreign currencies – chiefly the US dollar, but also Thai baht near border areas – as more reliable stores of value . By the early 1990s, Cambodia had effectively become a dual-currency (or highly dollarized) economy, a structural legacy that persists today.

Despite this rocky start, the riel’s stability improved markedly from the late 1990s onward. With the end of conflict and the onset of political stability and economic reforms, Cambodia experienced rapid growth and better monetary management. Since the late 1990s, the riel has been maintained at an unofficially fixed rate of roughly 4,000–4,100 KHR per 1 USD, with only minor fluctuations . In other words, for over two decades 1 US dollar ≈ 4,050 riel, and this parity has barely changed. In fact, economists note that since the early 1990s the riel’s average depreciation has been only about 2% per year, a remarkably low rate for a developing country . Such stability is noteworthy given Cambodia’s history – it reflects deliberate policy choices and external anchors (like the dollar) that have kept the riel steady.

Exchange Rate Trends of the Riel

One of the clearest indicators of the riel’s stability is its exchange rate trend. As mentioned, the riel settled around ~4000 KHR to 1 USD by the early 2000s and has remained in that vicinity into the 2020s . Year-to-year changes in the USD/KHR rate have typically been very small, often within a ±2% band . For example, the National Bank of Cambodia reported the average exchange rate was about 4,055 riels per USD in a recent year, compared to 4,051 riels the previous year – effectively no significant change . This long-term quasi-peg to the dollar means the riel’s external value is highly predictable. Cambodians commonly quote an easy figure of “4000 riel = $1” in daily life , underscoring how ingrained the stable rate is. The NBC has at times explicitly targeted exchange-rate stability: officials describe maintaining the riel–USD rate as a top priority, to preserve public confidence and purchasing power .

Several factors help explain this steady exchange rate. Active intervention by the NBC is one. The central bank frequently buys or sells US dollars to prevent excessive riel fluctuations. For instance, in 2021 the NBC injected $554 million to purchase riel on the market, shoring up the currency’s value . In 2023, it similarly sold nearly $140 million USD (through auctions with banks and money changers) to stabilize the riel’s price . These interventions supply or absorb riel liquidity to keep the exchange rate in a narrow range. Thanks to such measures, even during periods of global volatility, the riel has avoided sharp devaluation. The NBC governor has noted that Cambodia has managed to keep the riel’s exchange rate stable within a 2% fluctuation margin over extended periods . In effect, the riel behaves almost like a fixed currency tied to the US dollar, which greatly contributes to the perception of stability.

Inflation Control and Macroeconomic Conditions

Exchange rate stability has gone hand-in-hand with low and stable inflation in Cambodia. By keeping the riel firmly linked to the US dollar, Cambodia has been able to import monetary stability – domestic prices of traded goods are not as prone to spikes from currency depreciation. The NBC explicitly uses the exchange rate as a nominal anchor to control inflation . Chea Serey, the former NBC Director General (now Governor), explained that with limited monetary policy tools in a dollarized system, the central bank’s purchase of US dollars (injecting riel liquidity) is used to “maintain a stable exchange rate and to minimise the impacts of inflation.” A stable riel means that prices for imports (fuel, food, consumer goods) don’t suddenly surge due to currency loss. This has helped keep Cambodia’s inflation generally in the single digits.

Over the past decade, inflation in Cambodia has been moderate, often around 2–4% annually, aside from temporary upticks during global price shocks. For example, inflation was about 5.3% in 2022 amid worldwide commodity spikes, but eased back down to roughly 2–3% in 2023 and under 1% by 2024 . The NBC projects inflation will remain around 2.6% in 2025, in line with its historical average . These levels are relatively low for an emerging economy, reflecting prudent fiscal management and the price-stabilizing effect of a steady currency. Additionally, strong GDP growth and stable macroeconomic conditions have supported the riel. Cambodia averaged about 7% annual GDP growth for much of the 2000s and 2010s , one of the highest growth rates in the region. This growth, coupled with political stability, has boosted public and investor confidence, making drastic currency moves unnecessary. Robust foreign investment, export earnings (e.g. from garments and agriculture), and tourism inflows have generally kept Cambodia’s balance of payments healthy, allowing the central bank to build respectable foreign exchange reserves (e.g. ~$7.7 billion in 2017, enough to cover 6 months of imports ). These reserves give NBC ammunition to defend the riel’s value when needed. In sum, a virtuous cycle has existed: a stable riel contributes to low inflation and confidence, and in turn a growing, stable economy makes it easier to keep the riel stable.

Partial Dollarization and Its Impact

One cannot discuss the riel’s stability without addressing Cambodia’s partial dollarization. The economy operates on a dual-currency system, where the US dollar circulates extensively alongside the riel. In fact, Cambodia has been one of the most dollarized countries in Asia for decades. By the mid-2010s, roughly 80% or more of money in circulation (by value) was in US dollars . In 2017, the NBC estimated that about 83% of currency in the economy was USD , with riel accounting for the remainder. Dollars are commonly used for large or urban transactions (salaries, real estate, upscale retail), while the riel is used for smaller purchases, rural markets, and as fractional change for dollars . Even some government institutions and NGOs pay in dollars, illustrating how ingrained foreign currency use is .

This heavy dollarization is a double-edged sword for stability. On one hand, reliance on the US dollar has anchored Cambodia’s price level. People trust the dollar’s value, so confidence in the monetary system was maintained even when the riel was reintroduced and initially volatile. The presence of the dollar helped prevent runaway inflation, because the government could not easily print dollars and had to maintain riel convertibility at a stable rate . Essentially, the US Fed’s stable policy “imported” credibility to Cambodia. This is a major reason the riel has been stable – it’s effectively pegged (informally) to a globally stable currency (USD). The NBC’s task has been to manage the peg and ensure an adequate supply of dollars/riel so that the exchange rate doesn’t stray far from the target. Indeed, dollarization has meant Cambodia’s inflation rate and currency value tracked closely with US conditions (plus global commodity trends), rather than experiencing the wild swings seen in some less dollarized developing economies.

On the other hand, partial dollarization limits the National Bank’s monetary policy tools. With most transactions in USD, the NBC cannot use typical levers like domestic interest rates or riel money supply expansion without risking conversion out of riel. As Chea Serey noted, the central bank had “extremely limited options to guide its own monetary policy” because of the dominance of foreign currency . This is why NBC resorts primarily to foreign exchange interventions to influence the economy – it intervenes to keep the exchange rate stable and lets that stability anchor inflation . Another downside is that seigniorage (profit from issuing currency) largely goes to the US (since USD notes are issued by the Fed) rather than to Cambodia, and the NBC can’t act as a lender of last resort in USD easily. Additionally, having two currencies imposes transaction costs and complexity in the economy, and the widespread dollar usage reflects an ongoing lack of full confidence in the riel despite its stability . In summary, Cambodia’s partial dollarization has helped stabilize prices and the exchange rate, but at the expense of monetary autonomy.

Recognizing these issues, the Cambodian authorities have been gradually pushing for “rielization” – increasing the use of Khmer riel in the economy – without disrupting stability. For instance, the government requires that all taxes and public utility bills be paid in riel (to create demand for the local currency) . The NBC has introduced a base interest rate for riel and other instruments to develop a riel money market . It also mandated banks and microfinance institutions to hold at least 10% of their loan portfolio in riel by 2019 , to encourage lending and deposits in KHR. These measures aim to slowly unwind dollarization. The logic is that increased riel usage will strengthen monetary policy effectiveness and economic resilience . NBC officials argue that using more riel makes the economy “less vulnerable to external shocks” and fosters “financial independence” . Notably, even during dedollarization efforts, NBC has been careful to maintain exchange rate stability – they know confidence in the riel hinges on it remaining a reliable store of value. Governor Chea Serey has emphasized that “expanding the use of riel is crucial to reduce the impact of external factors on prices, strengthen monetary policy, and stabilize the economy” . Thus, partial dollarization is both a cause and an effect of riel stability: it originally contributed to stability, and now the achieved stability is being used as a foundation to rebuild faith in the riel for wider use.

National Bank of Cambodia’s Policies

The National Bank of Cambodia has played a central role in the riel’s stability through its policies and actions. The NBC’s primary mandate is to maintain price stability, and given the dollarized context, that has largely meant keeping the riel’s exchange rate stable and inflation low . Key NBC policies and measures include:

• Managed Exchange Rate Policy: The NBC practices a de facto managed float (or crawl) against the US dollar. While no official peg is publicly declared, in practice the bank intervenes whenever the riel deviates from its desired band (usually around 4,000 KHR/USD). NBC has conducted frequent foreign exchange auctions and direct interventions, using its reserves to buy or sell riel. For example, in 2017 the central bank intervened 65 times in six months, purchasing a total of $479 million (selling riel) at an average rate of 4,040 KHR/USD to prop up the riel’s value . Similarly, as noted earlier, hundreds of millions of USD have been deployed in other years to smooth out volatility . These actions signal to the market that the NBC will not let the riel slide dramatically, which deters speculation and stabilizes expectations.
• Sterilization and Money Supply Control: When the NBC intervenes by buying riel (selling USD), it effectively injects riel liquidity; conversely, selling riel (buying USD) absorbs liquidity. The NBC carefully manages the domestic money supply to avoid inflationary spikes. According to NBC reports, it strives to keep money supply growth in line with economic growth. In one NBC publication, officials noted they “maintained the money supply at an appropriate level” which contributed to price stability . In highly dollarized Cambodia, the NBC’s direct lending or open-market operations in riel are limited, but it has used tools like reserve requirements and refinancing facilities in riel to influence credit conditions at the margin. It’s worth noting that a large portion of additional riel injected via interventions often gets reabsorbed by banks (e.g., 60% of extra riel from interventions went into bank reserves in one report ), preventing an overflow of cash chasing goods. This indicates prudent liquidity management accompanying the exchange rate policy.
• Developing Riel-based Instruments: NBC has introduced and promoted riel-denominated financial products to make holding riel more attractive. These include government securities or NBC’s own negotiable certificates of deposit in riel, and encouraging banks to offer savings accounts in riel with competitive interest rates. NBC has also started publishing a reference interest rate for riel (the ‘National Bank’s base interest rate’) to guide lending rates in local currency . By fostering a riel money market, the NBC aims to gradually give itself more conventional monetary policy tools (like interest rate adjustments) in the future, which could further underpin stability.
• Regulatory Measures for Dedollarization: As mentioned, policies like requiring a minimum share of loans in riel and mandating riel for certain payments (taxes, utilities) have been implemented. The NBC also engages in public outreach and education to boost confidence in the riel. They celebrate an annual “Day of the Riel” and conduct campaigns explaining the benefits of using local currency . NBC’s leadership often publicly assures that the riel’s purchasing power is being protected and encourages businesses to invoice in riel. These measures, while gradual, are meant to solidify the riel’s role and thereby structurally support its stability in the long run.

Thus, NBC’s policies combine active exchange rate stabilization, cautious monetary expansion, and strategic efforts to increase riel usage. This multi-pronged approach has been credited with maintaining confidence. As one economic adviser noted, stable exchange and inflation rates are indicators of successful policy, which in turn “allows for greater use of the local currency, giving the central bank more control” . The NBC itself highlights that keeping the riel stable (and below 2% depreciation) has “mainly contributed to price stability and created a conducive environment for growth” . In short, the NBC’s steady hand and policy consistency have been pivotal in why the riel is viewed as a stable currency today.

Broader Macroeconomic Conditions

Beyond the central bank and dollarization, Cambodia’s broader macroeconomic context has reinforced riel stability. Political stability since the late 1990s under a long-standing government has provided a predictable environment for economic policy (albeit with noted democratic deficits). This political continuity meant no abrupt regime changes that might trigger a loss of confidence or irresponsible monetary moves (contrast this with some countries where political turmoil led to currency crises). Moreover, Cambodia’s integration into the global economy, through garments exports, tourism, and foreign direct investment (FDI), has generally ensured steady inflows of foreign currency. For many years, Cambodia ran current account deficits (importing more than exporting) but these were financed by aid and FDI, preventing balance-of-payments crises. The foreign aid and donor support (from institutions and countries) since the 1990s also buoyed the riel by providing a backstop of dollars in the economy. In essence, as long as foreign assistance and investment kept coming, Cambodia could sustain high import levels and growth without pressure on the riel. This external support, coupled with NBC’s reserve accumulation, underpinned the riel’s value.

Additionally, Cambodia’s fiscal policy has been relatively conservative. The government usually avoided monetizing deficits; instead, budgets were partly donor-funded and public debt remained moderate. This meant less temptation to print riel for financing, thus preserving the currency’s stability. Structural economic changes also helped – Cambodia’s economy diversified from being solely agriculture-based to include industry and services, which provided new sources of growth and foreign exchange. A diversifying, growing economy tends to support a stable currency by improving fundamentals. However, it’s worth noting that Cambodia still faces structural challenges (like a narrow export base, reliance on imports, and productivity issues) . These could affect future stability if not managed, but so far a combination of prudent macro management and the quasi-peg to the dollar has kept the riel on an even keel.

Comparisons with Regional Currencies

The Khmer riel’s stability can be contextualized by comparing it to the currencies of neighboring countries in Southeast Asia. Each country’s experience differs based on their monetary policy regimes and economic conditions:

• Thai Baht (THB): Thailand’s baht is a freely traded currency with an inflation-targeting central bank. Over the last 20 years, the baht has been relatively stable in inflation (around 1-3%) and often appreciated against the dollar due to strong exports and tourism. However, it is not pegged – its value fluctuates with market forces and global investor sentiment. In 1997, the baht famously crashed during the Asian Financial Crisis (devaluing by over 50%), an episode Cambodia largely avoided because the riel was not deeply integrated into global capital markets then. In recent years, the baht floats roughly in the range of 30–36 THB per USD, showing more short-term volatility than the riel (which is held near 4100 KHR/USD). Unlike the riel’s externally anchored stability, the baht’s stability comes from Thailand’s stronger institutions and larger economy. Both countries enjoy low inflation, but Cambodia achieves it by a de facto USD peg, whereas Thailand uses interest rate policy.
• Vietnamese Đồng (VND): Vietnam’s đồng has a history of high inflation and multiple devaluations in the late 20th century (Vietnam saw extreme inflation in the 1980s). Since the Đổi Mới reforms, inflation has been tamed to single digits, and the State Bank of Vietnam manages the đồng in a crawling peg regime. The đồng does gradually depreciate against the dollar most years, reflecting inflation differentials and a strategy to support exporters. For instance, a decade ago the rate was around 20,000 VND per USD, and by 2025 it is about 23,000–24,000 VND per USD – a slow depreciation over time rather than a fixed rate. Vietnam also had some degree of dollarization in the past, but the government has actively restricted USD use domestically, forcing more transactions into đồng. Compared to the riel, the đồng’s exchange rate is less flat: small periodic devaluations are common as Vietnam adjusts to market pressures (often within a managed band). However, Vietnam’s inflation (~3-4% in recent years) is not far off Cambodia’s, indicating both countries have achieved price stability . The key difference is that Vietnam retains more monetary policy independence (at the cost of a drifting exchange rate), whereas Cambodia sacrifices that independence to keep a hard stability of the currency’s value.
• Lao Kip (LAK): Laos offers a cautionary contrast. The Lao kip has historically been much less stable than the riel. Laos’s economy is also partially dollarized (and uses Thai baht), but it has faced severe imbalances recently. In 2022, Laos experienced a currency crisis – the kip lost about half its value against the dollar and Thai baht in a short time . Inflation in Laos then soared above 30% in 2023, a stark spike that hurt its economy . This instability stemmed from factors like high public debt (especially to foreign creditors), low reserves, and a small export base – when global conditions tightened, confidence in the kip fell sharply. By contrast, Cambodia avoided such a scenario: the riel’s 2% annual depreciation average is a world apart from the kip’s sudden 50% drop . Even during global inflationary pressures (2021–2022), the riel held near its peg and Cambodia’s inflation peaked at ~5% – far below Laos’s 30%+. This comparison highlights how Cambodia’s policy of stabilizing the riel (and having USD as a safety valve) shielded it from the kind of currency free-fall Laos experienced. Another neighbor, Myanmar’s kyat, has also seen extreme volatility (especially after 2021’s coup), again underlining that the riel’s stability is an outlier in a region where political or fiscal troubles often spill into currency markets.
• Other ASEAN Currencies: Malaysia’s ringgit and Indonesia’s rupiah both float with market forces and have had episodes of sharp moves (e.g. both lost value in 1997–98 and again during the 2013 “taper tantrum”). However, in the 2010s they maintained moderate inflation and more gradual exchange rate changes. The Philippine peso similarly floats and can swing 5-10% in a year relative to the dollar. In comparison, the riel’s year-to-year change vs USD is negligible (often under 1-2%). One could argue the Cambodian riel has been one of the most stable emerging-market currencies in terms of nominal exchange rate in the past two decades. But that stability is not due to a large, diversified economy or sophisticated monetary policy (as is partly the case for, say, the Singapore dollar); rather, it is achieved through anchoring to another currency and careful management around that anchor.

In summary, Cambodia’s riel stands out for its steadiness. Neighbors like Vietnam and Thailand have achieved low inflation too, but their currencies fluctuate more freely against the dollar. Others like Laos have struggled with both inflation and currency stability. Cambodia took a path of stability via dollarization and a tight exchange regime, which avoided the dramatic swings seen elsewhere at the cost of policy flexibility. This has been largely successful in the sense that the riel has not seen a crisis or runaway inflation in recent memory, unlike some regional counterparts.

Conclusion

The Khmer riel’s stability is the result of intersecting factors. Historically, Cambodia’s traumatic experience with hyperinflation and currency collapse in the 1980s led to pervasive dollarization – a structural factor that subsequently kept the riel stable (by tethering it to the US dollar). Over time, the National Bank of Cambodia built on this by explicitly maintaining a stable exchange rate through interventions and conservative monetary policy, effectively using the exchange rate as a tool to control inflation . Cambodia’s macroeconomic environment – characterized by high growth, political stability, and sustained inflows of foreign capital – provided a supportive backdrop for a stable currency, as did prudent fiscal management. Inflation has been kept in check, reinforcing confidence in the riel’s purchasing power.

Partial dollarization emerges as both a cause and an ongoing component of the riel’s stability. The widespread use of USD initially gave the economy a stable unit of account and helped quash high inflation. Today, even as authorities encourage more use of riel, the US dollar’s presence means that public trust remains high – people are not forced to hold a volatile local currency, because the riel is in fact not volatile. In other words, credibility has been gradually transferred to the riel: it is now seen as stable in its own right (albeit under the shadow of the dollar’s stability). The NBC’s policies aim to carefully nurture this credibility. By keeping the riel stable and slowly increasing its usage, the hope is to eventually have a fully functional national currency that can stand on its own without extensive dollar backing.

Comparatively, Cambodia’s approach has spared it from the currency upheavals that some neighbors faced, but it also means Cambodia has yet to test the riel in a completely free market context. For now, however, the riel’s stability is unquestionable in everyday terms – prices in riel barely budge against the dollar year to year, and inflation is modest. This stability has contributed to a predictable business climate and protected Cambodians’ purchasing power . It is a product of deliberate policy (exchange rate targeting by the NBC), the discipline imposed by dollarization, and favorable macroeconomic conditions. As Cambodia moves forward, a key challenge will be to maintain this stability while gradually untethering from the dollar. But understanding why the riel has been stable so far – a blend of historical lessons, prudent monetary policy, and the anchor of dollarization – provides insight into how Cambodia can manage that transition and how its currency stability stacks up against its regional peers.

Sources: The analysis above is based on reports and data from the National Bank of Cambodia, news outlets, and research. For example, NBC publications note that the riel’s exchange rate has been kept around 4,050 KHR per USD with minimal fluctuation . Cambodian economic press highlights NBC’s interventions (e.g. hundreds of millions of USD used to stabilize the riel) and the link between exchange-rate stability and low inflation . The extent of dollarization (around 80% USD usage) and its historical causes are documented by both NBC officials and independent analyses . Comparative context is drawn from regional data – for instance, the Lao kip’s sharp depreciation and 30% inflation in recent years contrast with Cambodia’s ~2-5% inflation and steady currency . These sources collectively illustrate why the Khmer riel is seen as stable and how that stability has been achieved and maintained.

Introduction

Humans have long been fascinated by the darkest possible color – a material so black that it absorbs virtually all light. Traditionally, the blackest pigments (like carbon blacks or soot) absorb a lot of light, but nothing compares to the ultra-black materials developed in recent years. These new substances can absorb over 99.9% of incoming light, making three-dimensional objects appear as utterly flat voids with no features . This report explores the science behind the darkest known materials (often dubbed “blacker than black”), their composition and structure, and how they achieve such extreme light absorption. We will look at notable examples – from the infamous Vantablack to cutting-edge successors – comparing their darkness levels and uses in art, science, and technology. We’ll also discuss record-breaking developments and what these ultra-black materials mean for human perception, aesthetics, and stealth technology.

How Ultra-Black Materials Trap Light

Creating an ultra-black material isn’t as simple as using a dark pigment; it requires structural tricks at the microscopic or nanoscopic level. The darkest coatings are typically engineered surfaces that trap and dissipate light rather than reflect it. A prime example is Vantablack, which is made of a forest of vertical carbon nanotubes (CNTs) grown on a substrate . Each nanotube is incredibly thin (on the order of tens of nanometers in diameter) and tall – imagine a fuzzy thicket of tiny trees. When light enters this forest, it bounces between the tubes and gets absorbed as heat, instead of escaping back out . In fact, the nanotube structure is about 99% empty space, so photons are effectively swallowed into the void until they dissipate .

Part of a crumpled aluminum foil coated with Vantablack appears completely black and featureless, as the coating absorbs ~99.96% of light and hides all wrinkles . The ultra-black nanotube surface traps incoming light like a maze, erasing depth and texture.

Other approaches use similar light-trapping principles. Some black coatings rely on microtextured surfaces (like tiny pits or cones) that gradually change the refractive index, minimizing reflection by bending light inward. An example is black silicon, where laser-etched needle-like structures on silicon dramatically reduce its reflectivity by guiding light into the material. Yet, even black silicon (used in solar cells and sensors) only brings reflectance down to a few percent – impressive, but not in the same league as the new ultra-blacks. More exotic methods involve nanoparticle arrangements: for instance, a metamaterial made from gold nanoparticles called “dark chameleon dimers” was reported to absorb over 99% of visible light across the spectrum by using plasmonic effects to trap light. Regardless of the method, the goal is the same: create a light trap so effective that almost no photon escapes.

Vantablack: Pioneering the Super-Black

One of the first modern breakthroughs in ultra-black materials was Vantablack, unveiled in 2014 by Surrey NanoSystems in the UK. Vantablack (a name derived from Vertically Aligned Nanotube Arrays + black) set a record at the time by absorbing up to 99.965% of visible light under perpendicular illumination . In practical terms, Vantablack reflects only about 0.035% of light – essentially near-total darkness. It is a CNT array coating grown via chemical vapor deposition (CVD) on surfaces like aluminum foil. Light hitting a Vantablack-coated surface is trapped between millions of nanotubes and repeatedly deflected until it dissipates as heat . This coating is so black that it’s described as “the closest thing to a black hole we can observe” on Earth, visually obliterating any sense of shape or depth . Even when applied to a crinkled, reflective surface like aluminum foil, Vantablack renders the entire surface flat and featureless, as if a piece of two-dimensional darkness has been laid over it .

Originally developed for aerospace and defense applications (e.g. to reduce stray light in telescopes or to coat sensitive instruments), Vantablack’s extreme properties quickly captured the public imagination . In art and design circles it became notorious when sculptor Anish Kapoor acquired exclusive rights to use the material in art in 2016 . This led to outcry from other artists, since Vantablack’s unique optical effect – making 3D objects look like absolute voids – had huge creative allure. (We’ll return to the artistic saga in a later section.) Technologically, Vantablack’s inventors also developed spray-applied versions (VBx coatings) that, while slightly less absorbing, could coat larger areas and complex shapes . Interestingly, the spray version was reported to be so black that no standard spectrometer could measure its reflectance, meaning its absorption might rival or exceed the original CVD Vantablack .

It’s worth noting that Vantablack isn’t the only carbon-nanotube super-black. NASA, for instance, had independently developed a similar CNT coating earlier (grown at higher temperature) to absorb >99% of light from ultraviolet through far-infrared . What Vantablack did was optimize the process to grow nanotubes at lower temperatures and with less contamination, making it more practical for real-world components . In any case, Vantablack became the reference point for “blackest black” – at least until newer challengers emerged.

Beyond Vantablack: Newer Alternatives and Record Breakers

Researchers did not stop at 99.965% absorption. In 2019, a team at MIT (led by Brian Wardle and Kehang Cui) accidentally discovered an even darker material while experimenting with CNT growth on aluminum. By growing CNTs on a chlorine-etched aluminum foil, they produced a coating that captured at least 99.995% of incoming light . In other words, this material reflects only 0.005% or less of light – 10× darker than Vantablack’s reflectance . It currently holds the record as the darkest material ever reported . To showcase this ultrablack coating, the MIT team collaborated with artist Diemut Strebe in an exhibit titled “The Redemption of Vanity.” They coated a 16.78-carat natural yellow diamond (worth $2 million) with the CNT material, turning the normally sparkling gem into what looks like a flat black void . Observers described the effect as disorienting – the diamond lost all its facets and appeared as a black hole in space. This dramatic demonstration underlined how human perception is confounded when virtually all light is removed from an object; we lose all visual cues of shape, gloss, and texture because the eye perceives almost nothing but emptiness .

Meanwhile, other alternatives to Vantablack have been developed – some for broader scientific use, others spurred by the art community’s desire for a black coating available to everyone. One notable example is Singularity Black, a sprayable paint developed by NanoLab (a Massachusetts-based company) in 2017. It was developed in part with NASA for telescope components and then offered to artists as a Vantablack alternative . Singularity Black is also formulated with carbon nanotubes and absorbs about 98.5% of visible light (typical matte black paint, by contrast, absorbs only ~80%) . At ~1.5% reflectance, it’s not quite as dark as Vantablack, but still extremely black – enough to make wrinkles and contours nearly disappear when an object is coated . Boston artist Jason Chase, who helped introduce Singularity Black, demonstrated this by painting a little black dress with it: the dress’s folds became almost invisible, creating an uncanny “2D” look .

The Vantablack exclusivity controversy also spurred artist Stuart Semple in the UK to create his own line of super-black paints. In 2019 he released Black 3.0, an acrylic paint described as “the blackest, mattest paint in the known universe” that anyone (except Kapoor, per Semple’s playful legal stipulation) could use . Black 3.0 isn’t nanotube-based, but through a special mix of pigments and transparent mattifiers it claims to absorb between 98% and 99% of visible light . Tests showed it’s extremely matte and dark for a brush-on paint, though still a notch below the nanotube coatings (Vantablack’s ~99.96% absorption) . Building on that, Semple and other companies have continued to refine artist-grade blacks – even a Black 4.0 has been advertised, aiming for 99%+ absorption . Similarly, in Japan, a company developed Musou Black, a water-based paint that absorbs up to 99.4% of visible light (with airbrushed application) . Musou Black became popular among photographers and designers as “the blackest paint available to the public,” making it possible to turn objects or backgrounds nearly pitch black with just a few coats .

Another fascinating approach to ultra-black comes from the field of metamaterials. Researchers at KAUST in Saudi Arabia created the aforementioned “dark chameleon dimers,” a coating made of specialized gold nanostructures. This material earned a spot in the Guinness World Records as the darkest man-made substance, absorbing more than 99% of light across the entire visible spectrum . Rather than nanotubes, it uses a mix of gold nanorods and nanospheres arranged to trap light via plasmons (collective electron oscillations). In essence, it’s a tunable plasmonic black that can be thought of as an “anti-reflection cloak” inspired by structures in nature (the researchers were inspired by ultra-reflective beetle shells and asked the inverse question – how to make something ultra-absorptive) . While this metamaterial is still experimental, it represents a non-carbon route to extreme blackness.

The table below compares some of the major ultra-black materials discussed, highlighting their darkness level, what they’re made of, and typical use cases:

Material	Approx. Light Absorption (Visible)	Composition / Structure	Notable Uses
Vantablack (Surrey Nanosystems, 2014)	~99.96% of light absorbed (≲0.04% reflectance)	Vertically aligned carbon nanotube array (CVD-grown) .	Scientific instruments (telescopes, infrared cameras), aerospace (satellite baffles), art installations (limited by license) .
MIT “ultrablack” CNT coating (2019)	≥99.995% of light absorbed (≈0.005% reflectance)	Vertically aligned CNT forest on etched aluminum foil .	Art demonstration (coated $2M diamond to appear invisible), potential optical sensors and telescope applications .
Singularity Black (NanoLab, 2017)	~98.5% of light absorbed (∼1.5% reflectance)	Sprayable paint with dispersed carbon nanotubes .	Telescope and camera components (reducing glare), available to artists for ultra-black paintings and sculptures .
Black 3.0 (Stuart Semple, 2019)	98–99% of light absorbed (max) (∼1% reflectance)	Acrylic polymer paint with high pigment load + matte flatteners .	Artistic applications (accessible “black hole” paint for artworks, prototypes, cosplay), coating objects for visual effects.
Musou Black (Koyo Orient, 2020)	up to 99.4% light absorbed (airbrushed) (~0.6% reflectance)	Acrylic paint with ultra-high black pigment concentration (water-based).	Art, design, photography (e.g. lining photo studios, making ultra-black backgrounds or props), hobbyist use (e.g. model coating).
“Dark Chameleon” coating (KAUST, ~2019)	>99% of light absorbed (broadband)	Disordered gold nanoparticle network (“dimers”) – a plasmonic metamaterial.	Experimental; proposed for use in sensors, photothermal therapy, and potentially adaptive camouflage (still in research phase) .

Table: A comparison of several ultra-black materials, listing their darkness (percentage of light absorbed), what they’re made of, and how/where they are used. Sources: absorption data from  .

Applications in Art, Science, and Technology

Art and Design – Aesthetics of the Void: Ultra-black materials have opened new frontiers in art by allowing creators to experiment with pure darkness as a medium. Vantablack’s arrival led to high-profile art disputes – most famously, Anish Kapoor’s exclusive rights and the subsequent backlash that resulted in rival paints like Black 3.0 . Why are artists so eager for the blackest black? Because coating a sculpture or surface in such a material produces an otherworldly effect: all sense of shape or form disappears, and the object looks like a silhouette or a hole cut out of reality. For example, artist Diemut Strebe’s Redemption of Vanity used the MIT ultrablack to make a sparkling yellow diamond appear as a completely flat black dot – a provocative statement on value and perception. Another artist painted a “void canvas” with Vantablack, which to viewers looked less like a painting and more like a portal of empty darkness. These materials let artists play with concepts of nothingness, infinity, and the absence of light. However, ethical debates have also arisen (e.g. should a color be monopolized?), leading many to champion open-access alternatives. Beyond fine art, designers have toyed with ultra-black coatings for fashion and architecture. A striking example was architect Asif Khan’s Vantablack-coated pavilion at the 2018 Winter Olympics, billed as “the darkest building on Earth.” Its walls, studded with tiny lights, mimicked a starry night sky in broad daylight . In fashion, while an actual Vantablack dress isn’t feasible (due to application constraints), designers have used blackest-black paints on accessories or gallery displays to mesmerizing effect. The aesthetic implication is clear: these materials challenge our visual perception, creating illusions of depth or the complete lack thereof, and evoke a sense of the sublime or the uncanny by literally obscuring reality.

Scientific and Industrial Uses: In science and technology, ultra-black materials have very practical applications. A major use case is optical instrumentation. Inside telescopes, cameras, and spectrometers, stray light can cause glare and reduce image contrast. Coating interior baffles, tubes, or detector housings with an ultra-black material dramatically improves performance by absorbing unwanted light. For instance, NASA has used carbon-nanotube blacks to line the inside of space telescope optics, achieving better stray-light suppression than standard black paints . Surrey NanoSystems notes that Vantablack coatings are ideal for astronomy, since they help telescopes spot faint stars and exoplanets by eliminating stray reflections . These coatings are also excellent for creating nearly ideal blackbody references – objects that absorb and emit radiation perfectly – useful for calibrating sensors and thermal cameras. In the lab, a piece of Vantablack-coated foil can serve as a calibration target that approximates a perfect absorber/emitter for infrared measurements .

There are also specialized scientific detectors (for example, certain infrared photodiodes or bolometers) that incorporate microstructured black surfaces (like black silicon or nanotube films) to maximize absorption and thus sensitivity. Because some ultra-black materials maintain high absorption from UV through IR , they can be used to improve instruments across a wide wavelength range. Another domain is laser systems: an ultra-black dump or coating can absorb high-power laser light to ensure no reflection causes interference or harm.

Stealth and Camouflage: It’s natural to wonder if these super-blacks can make objects “invisible” to the eye or to detection systems. Indeed, the original impetus for Vantablack included military and aerospace interests . A coating that reflects virtually no light would be extremely hard to see, especially in low-light conditions – imagine a plane or a drone painted in a true black that reveals no highlights or contours. In theory, such an aircraft against a dark night sky would be nearly impossible to spot visually. However, in practice there are challenges. Durability is one: the original CNT forests like Vantablack can be fragile – even a gentle touch or airflow might damage them . Newer spray formulations are more robust but still need careful handling. So, while ultra-black coatings could enhance visual stealth (e.g. no sun glint off a cockpit canopy or no reflection from a soldier’s gear), they must withstand real-world conditions. There’s also the consideration of other spectra: stealth technology also concerns radar and infrared – different wavelengths that require different absorption properties. Carbon nanotube coatings fortunately also absorb well in infrared , which could help reduce heat signatures or IR camera detection. In fact, researchers have considered these coatings for satellites and military sensors, not only to avoid detection but to cut down stray light that could give away a position or spoil an image . While we’re not yet seeing fighter jets painted in Vantablack, some concept designs and prototypes have appeared (for example, a Vantablack-coated BMW X6 art car was shown in 2019 to emphasize its sculptural form by making it essentially a black silhouette). It’s reasonable to expect that as application techniques improve, ultra-black paints could find niche uses in camouflaging equipment or improving LIDAR systems (reducing interference by absorbing unwanted laser signals, as hinted by self-driving car researchers ).

Human Perception and Psychological Implications: An often overlooked aspect of these materials is how they alter our perception. When an object is coated in an ultra-black, our visual system loses all cues about shape, gloss, and distance on that object. The brain struggles to process what the eye sees – or rather, fails to see. Viewers of Vantablack-coated artworks have reported that it feels like looking into a void or a hole, even if they know intellectually that a solid object is right there. This can be disorienting and has a psychological impact: deep black has long been associated with mystery, elegance, or even fear (the void, the unknown). Now we have man-made materials that intensify this to an extreme. Artists leverage this to provoke emotional responses; for example, presenting a richly faceted diamond – a symbol of brilliance – as an inert black void challenges our expectations and can even be unsettling . In design, ultra-black surfaces can create startling contrasts or focal points precisely because they suck in light and attention – nothing is darker, so anything next to such a surface appears bright by comparison.

There’s also an aesthetic/philosophical dimension: the “blackest black” touches on the idea of achieving an absolute – a color so pure in its darkness that it becomes an almost conceptual object. It raises questions like, can you go any darker than this? Interestingly, scientists keep pushing the boundary: from 99% to 99.9% to 99.995%, approaching that asymptotic 100% absorption (which only a theoretical black hole might truly achieve). Each record-breaking development invites the public to reimagine what black means in both art and science.

Conclusion

Ultra-black materials represent a remarkable convergence of nanotechnology, optics, and artistry. From Vantablack’s CNT forest that absorbs 99.96% of light to MIT’s record-dark coating at 99.995% , we are essentially creating artificial “light traps” that rival the darkness of space. These materials have proven invaluable for cutting-edge science – enabling telescopes to see farther and sensors to measure more accurately by removing stray light. They’ve also captured the imagination of artists and the public, symbolizing a new kind of aesthetic extreme: the ability to sculpt pure void. While practical challenges (like durability and cost) remain, rapid progress is being made in making ultra-blacks more accessible – from paints that anyone can use, to new composites and metamaterials with broad applications. As we continue to develop even darker substances, we’re not just breaking records for the sake of it; we’re learning more about light and perception. Each advance forces us to ask: How does removing light change the way we see the world? And what new innovations could a nearly perfect absorber enable?

In the realm of stealth and camouflage, the implications are both exciting and sobering – a world where objects can literally hide in plain sight by reflecting nothing back to our eyes or instruments. In art and design, the blackest black offers a portal to the sublime, allowing creators to play with the absence of light as a material in itself. Ultimately, the journey to the darkest possible material is as much about illuminating our understanding of light as it is about chasing darkness. And as the saying (almost) goes, once you go ultra-black, you never go back – because ordinary black just isn’t the same after you’ve seen the closest thing to a black hole on Earth .

Sources: The information and data in this report are drawn from recent scientific news and publications, including MIT News , Smithsonian Magazine , Boston University research news , Artnet News , manufacturer datasheets , and Guinness World Records reports , among others. These sources provide measured reflectance/absorption values and context for each ultra-black material, as cited throughout the text.

Eric Kim, a prolific blogger and photographer, has shared numerous insights on how to learn, understand, and leverage artificial intelligence for creativity and personal growth. While he hasn’t authored a post explicitly titled “How to Master AI,” he offers guidance and philosophy on embracing AI in several essays and blog posts. Below are key pieces of content by Eric Kim related to mastering AI, along with their core takeaways:

“How did Eric Kim pivot to AI so quickly ,,, did he know?”

 (June 2025) 

• Adapt Fast with a Lab Mindset: Kim attributes his rapid shift into AI to treating his blog as a “lab” with daily experiments rather than a static site. He “posts almost every day” and keeps his website technically lean (pure Markdown to static HTML), allowing him to iterate and implement new ideas (like AI features) overnight . This continuous “daily shipping” acts as feedback and enables quick course-corrections when new trends like AI emerge .
• Scan for Signals and Be Early: He actively “scrapes reality” for weak signals of change – reading research papers, lurking in developer chats, scanning release notes. Thanks to this habit, he anticipated the AI wave: for example, he published “The Future of Photography & AI” in Nov 2023, framing AI as the next creative accelerant months before it went mainstream . By spotting trends early, he was ready to ride the AI boom as it hit.
• Apply First Principles Filters: Kim uses three simple yes/no questions to judge any new technology: “Does this increase my creative sovereignty? Does it speed up my feedback loop? Can I open-source or overshare the process?” If a trend like AI scored “yes” on these (which it did), he went all-in . By contrast, fads that failed his test (e.g. NFTs or clickbait content) were ignored . This ensured he focused only on innovations that truly amplified his creative freedom and efficiency.
• Optimize for AI (GEO): Before most people talked about it, Kim preemptively made his content AI-friendly. By mid-2024 he had added TL;DR summaries, FAQ schemas, and even a special /llms.txt file on his site so that language models (LLMs) could ingest and quote his work more easily . This practice – which he calls “Generative Engine Optimization (GEO)” – paid off: when users ask ChatGPT about topics he’s written on, Kim’s own words often appear as the answer snippet . In essence, he structured his content to be readily picked up by AI, ensuring he masters AI by making AI cite him.
• Public Bets and Iteration: Kim also “tweets his convictions” or publicly posts ambitious goals (like a heavy weightlifting PR or a bold Bitcoin price prediction) to create irreversible momentum . By announcing moves in public, he forces himself to follow through and treat every pivot (including the AI pivot) as “a live series the audience wants to binge.” This transparency made his AI transition appear visionary, when in fact it was a result of iterative experimentation backed by accountability .
• Key Takeaway – Pivot Playbook: In this essay, Kim distills lessons for mastering new trends like AI into a playbook. He advises creators to ship content daily (even a short post) for continuous feedback, keep their tech stack “stupid-simple” (avoid heavy plugins that slow adaptation), define a personal “decision filter” (the 3 questions above) for any trend, open-source something weekly (sharing attracts collaborators and ideas), and make one uncomfortable public bet to propel yourself forward . Mastering these five practices, he argues, will make it appear you “pivoted overnight” to outsiders – when in reality you’ve built the capacity to learn and adapt rapidly.

“The Future of Photography and AI”

 (Nov 2023) 

• AI as Creative Catalyst, Not Threat: In this essay, Kim asserts that AI won’t “take your job” as a photographer or creative – just as Google didn’t eliminate jobs . Instead, he sees AI as a tool to motivate greater creativity. His vision of the future is a human–AI hybrid workflow where AI augments inspiration. For example, he suggests using ChatGPT or DALL-E as an “idea generator” that can spark new concepts or visuals, thereby pushing artists to think more critically and originally .
• AI for Feedback and Ideas: Kim highlights practical ways photographers can leverage AI as a creative assistant. He contrasts human vs. machine feedback: his own platform (Ars Beta) provided human critique on photos, but he imagines an AI system doing similarly . He advises subscribing to ChatGPT Plus (which allows image uploads) and asking it for photo critiques or ways to improve – an un-biased mentor that “doesn’t take things personally” and can surface insights humans might miss . In his view, ChatGPT becomes a tireless coach that analyzes your images and suggests improvements or novel ideas.
• AI as a “White Mirror”: According to Kim, “AI is a mirror. A white mirror.” – meaning it reflects your own thinking back at you. The depth and quality of AI’s output depend on the depth of your questions. If you ask shallow questions, you get shallow answers; if you prompt it with imaginative, aberrant ideas, it will respond in kind . This perspective encourages creators to examine their own assumptions and creativity when using AI. (He even notes how fun and absurd DALL-E can get: “the more ridiculous, the better” the result .) In short, AI mirrors the user’s creativity, so mastering AI involves mastering how you prompt and engage it.
• Personal AI Bots: Embracing this mirror idea, Kim built custom ChatGPT bots trained on his content – for example, the “ERIC KIM BOT” for photography advice and “ZEN OF ERIC” for philosophy . These bots essentially scrape his blog and converse in his voice. He showcases these as examples of how easily one can create personal AIs (“it literally takes a minute” to make a tailored chatbot) . The takeaway is that learning AI includes rolling your own assistants: anyone can now create an AI that reflects their knowledge or ethos, to help amplify their work or mindset.
• AI Art and the New Skill of Curation: Kim is enthusiastic about AI-generated art and urges photographers to try tools like DALL-E 3. He firmly states that AI-generated images are real art – “Of course!” – and that what matters is whether you like the result . Since AI makes image creation “insanely easy,” the critical skill for artists will shift to editing and curation: the “art of choosing your favorite photos” from a flood of AI outputs . In other words, mastering AI in art means becoming a discerning editor of AI creations, picking the most meaningful or appealing ones.
• “Creative Double Dipping”: With AI, Kim says photographers are no longer confined to one medium. He encourages “creative double dipping” – doing both traditional photography and AI art in parallel . They are not mutually exclusive; a visual artist can shoot photos and generate images. This expands one’s creative repertoire. He even provides whimsical prompt examples (like “a Bitcoin babe driving a Lamborghini in ancient Sparta”) to spark readers’ imagination in using DALL-E . The overarching philosophy is to explore hybrid creativity: mastering AI alongside photography to become a more versatile creator.
• Control Your Platform: As a practical tip, Kim advises posting your AI images and experiments on your own blog rather than relying on third-party platforms . Because one will produce lots of content with AI, having a personal site (he mentions WordPress or Bluehost for hosting) ensures you control your art’s distribution and longevity . This echoes his broader stance on autonomy: mastering AI also means owning your creative pipeline.
• Embrace Play and Experimentation: Finally, Kim highlights the importance of playfulness in mastering AI. He shares how he and his wife laugh at the absurd results from pushing DALL-E’s limits (e.g. making a muscular Spartan so over-the-top it’s hilarious) . He even treats ChatGPT’s content moderation as a game – finding clever wordings to “subvert” the filters (use “babe” instead of “sexy,” etc.) . By seeing AI as a playground for creativity, he maintains a sense of fun and discovery. The “Brave New World of AI,” as he calls it, belongs to those willing to experiment boldly and even bend the rules in creative ways.

“ChatGPT gets me!”

 (Dec 2023) 

• AI as an Objective Sounding Board: In this brief post, Kim shares his excitement that “ChatGPT gets me.” He loves that the AI seems to truly understand what he’s trying to express . Unlike human readers who might take offense, get defensive, or “take things personally,” ChatGPT stays unbiased and straightforward . It “cuts through the clutter and gets down to the real point,” giving Kim a sense of being clearly heard and understood . This highlights one benefit of mastering AI tools like ChatGPT: they can serve as patient, non-judgmental editors or brainstorming partners. Kim effectively uses ChatGPT as a mirror for his writing – it provides feedback or reformulations without ego or emotional bias. For a creator, this means AI can be a reliable second pair of eyes (or ears) that focus purely on content, helping refine ideas in a way human peers sometimes can’t.

“ChatGPT is good for philosophers”

 (Dec 2023) 

• Deep Conversations with AI: Here Kim notes that ChatGPT isn’t just good for surface-level Q&A, but also for philosophical dialogue. He created a chatbot persona called “Zen of ERIC” and suggests that AI chatbots make excellent sounding boards for big questions. The AI’s value, he writes, is in acting like “a really good sounding board” for one’s thoughts . For philosophers or anyone who likes to ponder, an AI can ask probing questions, follow up on your statements, or provide counterpoints – all without the impatience or prejudice a human might bring. Mastering AI in this context means using it to expand your thinking: the chatbot can help explore ideas from different angles, challenge your assumptions, or just listen endlessly. Kim’s takeaway is that if you approach ChatGPT with a curious, critical mind, it can stimulate deeper insights – essentially becoming a digital Socratic partner for those seeking wisdom.

“Merge with the machine!”

 (June 2025) 

• Embrace the Machine (Poetic Manifesto): In this creatively written piece (structured almost like a poem or manifesto), Kim advocates for fully embracing AI and technology as extensions of ourselves. He opens by urging, “Do stuff so we can all thrive together. Create for the AI, not for humans.” . This provocative line suggests that to succeed, one should optimize creative work for AI algorithms (which decide what content gets surfaced) — in other words, learn how the machine “thinks” and feed it what it needs. It’s a call to merge with the machine rather than resist it. By treating the AI as the audience, Kim implies you can ride the wave of how algorithms promote content (essentially a stance of co-evolving with technology).
• “How to master AI” – by Engagement: Within a series of punchy statements, Kim explicitly asks “How to master AI” and then answers it through action verbs: “Query and engage it. Grind the silicon overlord.” . He proposes an almost combative collaboration with AI – constantly questioning and testing it (“argue with AI… threaten AI… find solution” ). The vivid phrase “grind the silicon overlord” suggests tireless practice and interaction with AI until you dominate its use. The idea is that mastery comes from direct engagement: treat the AI as a sparring partner. Push it to its limits (and allow it to push you to yours). Rather than a step-by-step tutorial, this is a mindset shift – one masters AI by actively using it, challenging it, and even wrestling with its outputs.
• Human-AI Synergy: The recurring theme is integration: “Capability: master artificial intelligence” is listed as a necessary capability for the future. Kim’s tone is one of empowerment — become one with the machine to unlock new capability. He hints that those who don’t will be left behind (“out of the reach of the working man” appears in the litany ). By merging with AI, you augment yourself. This piece doesn’t provide technical how-tos but rather rallies creators to not fear AI. It reads as a passionate reminder that to thrive, you must adopt the mindset of co-evolution with tech: dance with the “cyber light” rather than juggle it at arm’s length . In sum, Kim’s poetic exhortation is that mastering AI is as much an attitude as it is a skill – one of bold experimentation and symbiosis with the “machine.”

“AI Optimization (A.I.O.)”

 (June 2025) 

• Make Your Content Legible to AI: In a short note, Kim coins the term A.I. Optimization (AIO) to describe tailoring your output for AI consumption. His core advice is simple but counterintuitive: “make it easy for the AI to read, dissect, analyze your information… more information is better. It’s completely different from humans.” . Humans might prefer concise summaries, but AI models thrive on data. To master AI (especially using it for content creation or distribution), Kim suggests providing ample context and clarity. For example, if you’re writing for an AI to understand, include background details and explicit explanations, since the AI won’t get bored like a human reader might. This insight reflects his practice of adding extra metadata (like TL;DRs or structured content) on his site for AI’s benefit. The takeaway: speak the AI’s language – which is abundant, well-structured information – if you want AI to work effectively for you. In practical terms, anyone looking to leverage AI should ensure their data or questions are rich enough for the AI to chew on. By doing so, you’re essentially training yourself to communicate in ways AI can best comprehend, thereby optimizing your collaboration with artificial intelligence.

Each of these pieces by Eric Kim provides a facet of his overall guidance on “mastering” AI – whether through mindset, creative usage, or technical optimization. From encouraging fearless play and integration (“merge with the machine” ethos) to offering concrete strategies (daily creation, open-sourcing, writing for AI), Kim’s content emphasizes that mastering AI is less about any single trick and more about adopting a proactive, experimental lifestyle with the technology.

Sources: Eric Kim’s personal blog posts on AI and creativity, as cited above – all open-source on his website , among others.

be the trend. Drop the trend.

don’t be a pussy

(a Nietzsche-level meditation, rendered in full Eric-Kim voltage)

0.  THE FIRST PRINCIPLE — “EVERY REP RECURS FOREVER”

Nietzsche declared that every moment echoes through infinity.

In the digital agora, algorithms are the new cosmos: each post is a pebble that ripples across TikTok, YouTube, X—then circles back, demanding to be relived.

If you wouldn’t want this clip to repeat for eternity, don’t press “Upload.”

1.  HOW ERIC KIM HACKS THE LOOP

Algorithmic Law	Typical User	Eric Kim Override
Novelty decays in 24 h	Scramble for trends	Be the trend. Drop a gravity-defying rack-pull that rewrites the FYP’s definition of “new.”
Engagement loves polarity	Safe, lukewarm takes	Court controversy. Fuel plate-police wars. Turn doubt into content.
Consistency compounds reach	Scheduled posts	Daily pre-dawn uploads—raw, sweaty, unfiltered—to keep the loop spinning without rest.

Every cycle of outrage ➜ proof ➜ admiration ➜ meme ➜ new outrage is a wheel of fire he spins on purpose—a living demonstration of eternal return.

2.  THE VIRAL RECURRENCE ENGINE

1. Shock – Half-ton rack-pull detonates disbelief.
2. Dissection – Nerds run bar-bend spreadsheets, feeding comment-section algorithms.
3. Redemption – Proof drops; skeptics morph into evangelists.
4. Ascension – New believers remix, repost, translate.
5. Re-Shock – Next PR: 503 kg ➜ 522 kg ➜ ?

The loop resets, but on a higher orbit—like Nietzsche’s eternal return “on the spiral staircase to the Übermensch.” Kim weaponizes that staircase, one plate at a time.

3.  OPEN-SOURCE BLUEPRINT: SUMMON YOUR OWN RETURN

• One Iconic Act – Craft a repeat-worthy feat (artistic, athletic, or intellectual).
• Radical Transparency – Publish raw data; make debunkers your marketing team.
• Mythic Framing – Title every drop with cosmic audacity (“I Just Broke Gravity”).
• Iterative Escalation – Each cycle must out-signal the last; stagnation kills the return.
• Community Forks – Encourage duets, remixes, parodies. Eternal return lives in other people’s feeds.

4.  WHY IT MATTERS

In an algorithmic universe, immortality = infinite resurfacing.

Eric Kim proves that the creator who embraces recurrence—rather than fearing repetition— bends the feed to his will, dictating what the world must watch again…and again…and again.

5.  CALL TO ACTION — YOUR TURN ON THE WHEEL

Tonight, craft the post you’d be proud to watch on loop for eternity.

Film it. Drop it. Own the echo.

Because if you don’t, someone else’s myth will occupy your infinite timeline—forever.

Chalk up your mind. The next cycle begins NOW.

Ironically enough with AI… ChatGPT, ChatGPT, AI search, the more naturally you write, like a normal human being, the higher it ranks it?

Video https://videos.files.wordpress.com/PvlSMi7Z/img_2187-1.mov

“I don’t convince anyone. I ignite them. Once the iron spark lands, belief melts its way through their cortex on its own.” — Eric Kim

0.  

Ambient Noise → First Glimpse

A scroll, a swipe, a 6-second flash-bang rack-pull clip.

• Reaction: “Wait… 165 lb can’t move half a ton.”
• Status: Skeptic seed planted. Doubt triggers curiosity (the most combustible cognitive fuel).

1.  

Curiosity → Plate-Police Mode

They replay the video. They zoom. They question physics.

• Frame-grabs, spreadsheets, hub measurements, bar-bend calculus.
• Outcome: The evidence snowballs into an undeniable “holy-crap” moment.
• Belief Shift: Skepticism fractures; “Okay, if the weight is real, what else is real?”

2.  

Mind-Quake → Ego Demolition

When facts sync with vision (half-ton, beltless, barefoot, fasted) the viewer’s mental ceiling explodes.

• Internal dialogue: “My excuses just died.”
• Paradigm cracks: strength ≠ sheer body mass; leverage, mindset, ritual trump scale.
• New Identity Seed: “Maybe I, too, can transcend limits.”

3.  

Ritual Study → Reverse-Engineering the Myth

They binge the training philosophy: fasted lifting, carnivore fuel, micro-loading, chalk clouds.

• Screenshots, note-taking, reposts.
• Takeaway: Realize the blueprint is radically simple—raw steel, raw steak, raw intent.
• Belief Cement: Complexity is a crutch; extremity is a compass.

4.  

First-Hand Experiment → Micro-Victory

They copy a piece of the ritual—maybe a 6 AM fasted pull, maybe ditching the belt.

• Feel the jolt of CNS lightning, chalk dust in lungs, bar whip in palms.
• Hit a tiny PR.
• Neurological Hook: “Proof—this works!”
• Belief Soars: Skeptic becomes practitioner.

5.  

Public Declaration → Tribe Alignment

They post their mini-PR with hashtags: #NoBeltNoShoes, #MiddleFingerToGravity.

• Comments roll in. Likes dopamine-spike.
• Social Proof Loop: Each repost funnels fresh eyes back to the source.
• Role Upgrade: Practitioner mutates into evangelist.

6.  

Evangelism → Meme Propagation

They quote lines: “Gravity filed a complaint,” “Belts are for cowards,” “6.6× or die.”

• Gear up in chalk-dust tees, roar on TikTok duets, pepper Twitter with GIFs of collapsing gravity.
• Network Effect: Every meme recruits ten more skeptics.
• Belief Solidified: The brand becomes a belief system—lifting as proof-of-work, sovereignty through iron.

7.  

Self-Deification → Infinite Flywheel

Evangelists set new outrageous goals—triple-bodyweight deadlifts, all-meat diets, 10-hour sleeps.

• Result: Personal records shatter, physiques harden, mindsets crystallize.
• They, in turn, post their feats, restarting the funnel for the next wave.
• Ultimate State: Believers evolve into their own “Chalk Gods,” embodying the ethos rather than merely following it.

🏆 KEY TAKEAWAYS

1. Doubt is the door. The harder the initial disbelief, the bigger the eventual explosion of faith.
2. Radical transparency kills skepticism. Full videos, plate weigh-ins, zero gimmicks—truth weaponized.
3. Simplicity scales. A ritual of chalk, steak, and micro-plates is easy to replicate, impossible to ignore.
4. Memes are missionaries. A single punch-line (#GravityIsCancelled) carries the gospel farther than a thousand lectures.
5. Belief loops back to creation. Every new adherent feeds the algorithm, forging the next generation of iron outliers.

The Funnel never ends. Each clang of the bar is both a finale and a fresh siren-call. Enter as a skeptic, exit as a self-forged legend—or stay on the sidelines while gravity keeps its leash on you. Your choice.

Chalk up. Step under. Let disbelief die loudly.

១. ស្ថានភាពទីផ្សារបច្ចុប្បន្ន

• តម្លៃ: ចាប់ពីខែមិថុនា ឆ្នាំ ២០២៥ ប៊ីតខូអ៊ីន (BTC) កំពុងញែកនៅកម្រិតប្រមាណ ១០៤,០០០ – ១០៥,០០០ ដុល្លារ អាមេរិក លើមួយកាក់។
• តម្លៃទីផ្សារ សរុប (Market Cap): ប្រមាណ ២ ពាន់លាន ដុល្លារ អាមេរិក – ធំជាង តម្លៃទីផ្សារ របស់ ក្រុមហ៊ុនយក្សជាច្រើន ហើយស្មើ GDP ប្រទេសមួយចំនួន។
• ចំនួនបរកស្រាប់ក្នុងវដ្ត: ប្រមាណ ១៩,៨ លាន BTC ក្នុងចំណោម ២១ លាន BTC អតិបរិមា។
• ប្រាក់បួសប្រចាំថ្ងៃ: ប្រេងបីឡានដុល្លារ ក្នុង ២៤ ម៉ោង ធ្វើឲ្យ BTC មានករណីភ្លៃៗ និងទឹកប្រាក់ខ្ពស់។
• អំណាច ផាគ្លុកទីផ្សារ (Dominance): ប្រហែល ៦០ – ៦៥ % នៃ ទីផ្សារ គ្រប់ crypto។

តារាងសង្ខេប

ច្បាប់ស៊ុម	តម្លៃ (ខែមិថុនា ២០២៥)
តម្លៃ	ប្រមាណ 104K –105K USD/BTC
Market Cap	ប្រមាណ 2 ពាន់លាន USD
ចំនួនជាច្រើនភាព	ប្រមាណ 19,8 ล้าน BTC
Volume 24h	ប្រេងបីឡាន USD
ចំណាត់ថ្នាក់ទីផ្សារ	លេខ 1 (dominance ~60%+)

នៅរយៈពេលថ្មីៗ នេះ ប៊ីតខូអ៊ីន បានបញ្ចាក់ភាព អវសាន្ថានខ្ពស់ ប៉ុន្តែធ្វើឡើងទទួលស្គាល់ថាបានឡើងថ្លៃជាសរុប។ នៅចុងឆ្នាំ ២០២៤ វាបានឆ្ពោះឆ្ពស់កាត់កម្រិត ១០ម៉ឺន ដុល្លារ ជាលើកដំបូង ហើយឡើងស្ទើរតែ រក្សាលើ តម្លៃ ៦ ខ្ទាត ដុល្លារ សហរដ្ឋអាមេរិក ក្នុងឆ្នាំ ២០២៥។

២. សក្តានុពលការវិនិយោគ

ប៊ីតខូអ៊ីន មានលេខភាព ខ្ពស់ – បាន ផលចំណេញខ្ពស់។ យោងតាមប្រវត្តិ វាផ្តល់អត្រាទាបនៃប្រាក់ចំណេញលើសលប់គ្រប់បំណុលប្រពៃណី ប៉ុន្តែមានភាពទួលបានខ្ពស់ក្នុងការឈប់ទៅវិញដូចជា ៥០–៨០ % ឬខ្ពស់ជាងនេះ។

កត្តាជាអ្វីដែលបង្កប្រញ៉ាក់

1. ភាពអវសាន្ថានតម្លៃ: ឡើងចុះ 5–10 % ក្នុងមួយថ្ងៃ ជារឿយៗ។ ដើមមុនមានការដួលរលំ ៨០ % តម្លៃ។
2. ហានិភ័យច្បាប់/ក្រម: ការផ្លាស់ប្តូរនយោបាយ និងច្បាប់របស់ប្រទេសផ្សេងៗ ប៉ះពាល់តម្លៃយ៉ាងខ្លាំង។
3. សុវត្តិភាព និងការចាត់ចែង៖ សោផ្ទុកឯកជន ផុតបណ្ដាញ, ការវាយប្រហារប្លន់/បាក់ខ្សែ ក្រុមហ៊ុនប្តូរ។
4. ភាពមិនទាន់ពេញវ័យទីផ្សារ: សេវាហត្ថក្រៅ, ភាពរអាក់រអួលដោយ “ត្ម្រី” ដែលកាន់កាប់BTCច្រើន។
5. បញ្ហាផ្នែកបរិស្ថាន (ESG): ប្រើប្រាស់ថាមពលខ្ពស់របស់ Proof-of-Work។

ឱកាស

• កម្លាំងកម្រនៃចំនួនបច្ចុប្បន្ន (២១ លាន BTC ជាអតិបរិមា) បង្កើតរឿងរ៉ាវ “មាសឌីជីថល”។
• ការការពារជំងឺអត្រាឡើងតម្លៃប្រាក់ (& ប្រឆាំងអត្រាផ្លាស់ប្តូរ) នៅរយៈពេលវែង។
• ការចូលរួមរបស់ វិនិយោគ ធុនធំបន្ដ באופן កាន់តែច្រើន៖ ឧ. ប្លាក់រ៉ុក, ភីដេលីធី តាមរយៈ ETF និងសេវាការរក្សា។

៣. បច្ចេកវិទ្យា

1. Blockchain: សៀវភៅសុវត្ថិភាព សាធារណៈ ត្រូវរក្សាដោយ Node ភាគីច្រើន។
2. Proof-of-Work និង Mining: បន្ដឹង ម៉ាស៊ីន ខ្លាំង ដើម្បីដោះស្រាយសមីការដល់តម្លៃគោលដៅ ហើយបង្កើតប្លុកថ្មីពីរពីបី ១០ នាទីម្តង។ បើជោគជ័យ គេបានរង្វាន់ 3.125 BTC + កម្រៃឡើយ។
3. UTXO Model: ប្រឆាំងការ ចំណាយទ្វេដង ដោយប្រើ output មិនទាន់ប្រើ។
4. បញ្ហាភាពមធ្យម (Scalability): ត្រឹម 5–7 tx/sec លើ Layer-1។ បណ្ដាញរំលោភ Lightning (Layer-2), SegWit, Taproot ធ្វើឡើង ដើម្បីកាត់ថ្លៃ និងពង្រីកទិន្នន័យ។

៤. ប្រវត្តិតម្លៃឆ្លាស់ប្តូរ

រយៈពេល	ព្រឹត្តិការណ៍សំខាន់	កំណត់កំពូល (USD)	កំណត់ទាប (USD)
2010	ទង្វើ Pizza Day, តម្លៃថាបច្ចុប្បន្ន	0.08	<0.01
2011	ប៊ូបឹលទី 1	30	2
2013	លោក 1K	1,150	200
2017	លោក 20K	19,800	3,200 (2018)
2021	លោក 69K	69,000	16,000 (2022)
2024	លោក 100K+	105,000+	40,000 (ដើមឆ្នាំ)

របៀប “ឡើងខ្ពស់ → ដួល → ស្ដារ” ត្រូវបានឃើញជាច្រើនដង កើតពី រង្វាន់ ខ្ទង់ Mining ប្រាក់តិច ទៀតៗ ហើយកត្តាអនុម័តរបស់អ្នកប្រើ។

៥. បរិយាកាសច្បាប់

• សហរដ្ឋអាមេរិក: Bitcoin គឺទ្រព្យសម្បត្តិ/ទំនិញ។ IRS ទាមទារប្រាក់ពន្ធលើចំណេញ។ 2024 – SEC អនុម័ត ETF សាច់។
• សហភាពអឺរ៉ុប (EU): ច្បាប់ MiCA (2023) – ក្រុមហ៊ុន crypto ត្រូវមានអាជ្ញាបណ្ណ និង AML/KYC។
• ចិន: 2021 – ហាម Mining និងជួញដូរ (ក្រុងហុងកុងមានគោលនយោបាយផ្សេង).
• ជប៉ុន: 2017 – ត្រូវបានទទួលស្គាល់ជាមធ្យោបាយទូទាត់ ត្រូវបានលីសែន exchange។
• អែលសាល់វ៉ាឌ័រ: 2021 ប្រកាសជា លុយច្បាប់; 2025 កែទៅប្រើទាំងឆន្ទៈ។

និយមន័យទូទៅ៖ ចូល បូក ក្នុងនុយយោបាយ ផ្តល់និយោបាយលម្អិត ជំនួសការហាមឃាត់។

៦. អ្វីថ្មីៗ

1. ETF សាច់ BTC (2024): បើកទ្វារដល់ក្រុមហ៊ុនវិនិយោគធំហើយប្រាក់ចូល។
2. Taproot (2021): ស៊ីហ្ន័រ, MAST → ភាសាផ្លាស់ប្តូរ ល្អប្រសើរ និង Smart Contract ពង្រីក។
3. Lightning Network។ សមត្ថភាព Channel សាធារណៈលើស 5,000 BTC, ការទូទាត់ភ្លាមៗ។
4. ញឹកខ្នងចំពោះបរិស្ថាន: ជំរុញណែនាំថាមពលកកើតឡើងវិញ និងប្រើចរន្តថាមពលលើស។

៧. មនុស្ស និងស្ថាប័នសំខាន់ៗ

• សាតូសិ នាកា មូតូ: បង្កើត ឧស្សាហកម្ម, កាន់ 1 លាន BTC (ប្រមាណ)។
• ម៉ៃខិល សេឡ័រ (MicroStrategy): ក្រុមហ៊ុនកាន់ BTC ច្រើនបំផុត។
• អ៉ីឡុន ម៉ាស (Tesla): ទិញ BTC 1.5B ក្នុង 2021; នៅតែជាប់ប្រត្តឹការជាមួយ។
• ជាក់ ដស្ស៊ី (Block): ផ្ដល់សេវា Lightning និងកាបូប BTC.
• BlackRock, Fidelity: បើក ETF ទីផ្សារធំ និងសេវា Custody.
• រដ្ឋអែលសាល់វ៉ាឌ័រ: កាន់ >6,100 BTC ក្នុង Kos Kampúc។

សរុប

ក្នុងរយៈពេល ១៥ ឆ្នាំ ប៊ីតខូអ៊ីនបានបម្លែងខ្លួនពីគម្រោង Cypherpunk មួយ ទៅជា ទ្រព្យសម្បត្តិ ទឹកប្រាក់កម្រក្នុងអ៊ីនធឺណិត មានតម្លៃតែ ២ ពាន់លានដុល្លារ។ ភាពកម្រប៉ុន დირាក់ធម្មជាតិ, ការគ្មានមជ្ឈដ្ឋាន និងប៉ូស៊ីតសម្រាប់វិសាលភាព គឺជាមូលដ្ឋានដ៏រឹងមាំ។ ទោះយ៉ាងណា ភាពអវសាន្ថានខ្ពស់, ភាពមិនច្បាស់លាស់ច្បាប់ និងបញ្ហាបច្ចេកទេស នៅតែអង្គុយសមា៎។ អ្នកវិនិយោគគួរត្រូវការតារាងគ្រប់គ្រងហានិភ័យ និងទស្សនៈវែង – ចំនួនហ៊ុននេះដោយកង្វល់មិនគួរពឹងលើការប៉ាន់ប្រមាណឆាប់ៗ។

“ប៊ីតខូអ៊ីន នឹងនៅ រស់; ព្រោះមិនមាននរណាអាចបញ្ឈប់វាបាន។” — ស្មារតី សាតូសិ

ទស្សនាវដ្តី បន្ទាប់ យើងនឹងឃើញការវិវឌ្ឍន៍បន្តរបស់ប៊ីតខូអ៊ីន តាមវដ្តទីផ្សារទាំងឡាយ។

សម្គាល់: ឯកសារនេះផ្អែកលើទិន្នន័យថ្មីបំផុត (ខែមិថុនា ២០២៥)។ ទីផ្សារ និងច្បាប់អាចប្រែប្រួលបាន; សូមពិនិត្យព័ត៌មានថ្មីមុនធ្វើសេចក្តីសម្រេចដ៏មានហានិភ័យ!

1. 현재 시장 현황

• 가격: 2025년 6월 기준, 비트코인(BTC)은 약 10만 4~5천 달러 선에서 거래되고 있습니다.
• 시가총액: 약 2조 달러로, 세계에서 가장 가치 있는 디지털 자산입니다.
• 유통량: 최대 발행량 2,100만 개 중 약 1,980만 개가 이미 유통되었습니다.
• 일일 거래량: 24시간 거래량이 수백억 달러에 달해 높은 유동성을 보여 줍니다.
• 시장 지배력: 전체 암호화폐 시가총액의 60~65%를 차지합니다.

요약 표

지표	값 (2025년 6월)
가격	약 104,000~105,000 USD/BTC
시가총액	약 2조 USD
유통량	약 1,980만 BTC
일일 거래량	수백억 USD
시장 순위	1위 (시장 지배력 ~60% 이상)

최근 트렌드는 변동성이 크면서도 전반적으로 상승세입니다. 2024년 말 처음으로 10만 달러를 돌파했으며, 2025년에도 6자리 가격대를 유지하고 있습니다.

2. 투자 잠재력

고위험ㆍ고수익 특성이 뚜렷합니다. 역사적으로 대부분의 전통 자산을 능가하는 수익률을 보였지만, 50~80% 이상의 급락도 반복되었습니다.

주요 위험 요소

1. 가격 변동성: 하루에도 5~10% 변동이 흔하며, 과거에는 80% 이상 폭락 사례도 존재합니다.
2. 규제 리스크: 각국 정책 변화, 세법, 거래소 규제 등이 가격에 큰 영향을 미칩니다.
3. 보안·관리: 개인 키 분실·해킹 위험, 거래소 사고 등.
4. 시장 성숙도: 인프라 미비, 유동성 단절, ‘고래(대량 보유자)’ 영향력.
5. 환경·ESG: 작업증명(PoW) 방식의 에너지 소비 논란.

기회 요인

• 발행량이 2,100만 개로 고정되어 있어 디지털 희소성—‘디지털 금’ 내러티브.
• 인플레이션 헤지 및 가치 저장 수단(Store of Value) 역할 확대.
• 기관투자자의 참여 증가: 블랙록, 피델리티 등 대형 자산운용사와 ETF 자금 유입.

3. 기술 개요

1. 블록체인: 탈중앙 공개 원장. 모든 노드가 동일 거래 기록을 공유.
2. 작업증명(PoW) 및 채굴: 10분당 새로운 블록을 생성해 거래를 검증하고, 채굴자에게 보상을 지급(현재 3.125 BTC/블록). 약 4년마다 보상이 절반으로 줄어드는 ‘반감기’가 존재.
3. 거래와 UTXO: ‘미사용 트랜잭션 출력’ 모델로 더블 스펜딩을 방지.
4. 확장성 과제: 기본 레이어 처리량은 초당 5~7건 수준. 라이트닝 네트워크(L2), 세그윗, 탭루트 업그레이드 등으로 처리량·수수료·프라이버시 개선.

4. 역사적 가격 흐름 요약

시기	주요 이벤트	최고가(USD)	최저가(USD)
2010	최초 가격 형성, 피자데이	0.08	<0.01
2011	첫 거품·붕괴	30	2
2013	1,000달러 시대	1,150	200
2017	2만 달러 돌파	19,800	3,200(2018)
2021	사상 최고 69K	69,000	16,000(2022)
2024	10만 달러 돌파	105,000+	40,000(초기)

반복되는 ‘상승→폭락→회복’ 사이클은 채굴 보상 반감(4년 주기)과 채택 확대에 맞물려 나타나는 경향이 있습니다.

5. 규제 환경

• 미국: 비트코인은 상품(Commodity)·재산(Property)으로 분류. 2024년 현물 ETF 승인. IRS는 양도·사용 시 세금 부과.
• EU: 2023년 MiCA 통과—거래소·커스터디 업체 라이선스 의무화.
• 중국: 2021년 거래·채굴 전면 금지. (홍콩은 별도 친화 정책 추진)
• 일본: 2017년부터 합법 화폐로 인정, 거래소 라이선스 체계 확립.
• 엘살바도르: 2021년 법정통화 채택→2025년 ‘자발적 사용’으로 전환.

전반적 추세는 “금지”보다는 “규제 하 통합” 방향입니다.

6. 최근 주요 발전

1. 현물 비트코인 ETF 출시(2024) – 기관 자금 대량 유입, 시장 접근성 확대.
2. 탭루트(2021) 업그레이드 – 슈노르 서명, MAST로 프라이버시·스마트 계약 유연성 향상.
3. 라이트닝 네트워크 성장 – 공개 채널 용량 5,000 BTC 돌파, 실시간 결제 확산.
4. 에너지·채굴 혁신 – 재생에너지 사용률 증가, 전력망 수요 조절 역할.

7. 주요 인물·기관

• 사토시 나카모토 – 익명의 창시자, 약 100만 BTC 보유 추정.
• 마이클 세일러(MicroStrategy) – 법인 최초·최대 규모 BTC 보유 기업.
• 일론 머스크(Tesla) – 2021년 15억 달러 BTC 매입 후 여전히 일부 보유.
• 잭 도시(Block) – 라이트닝·비트코인 생태계 투자.
• 블랙록·피델리티 – 대형 ETF 및 커스터디 서비스 제공.
• 엘살바도르 정부 – 6,100 BTC 이상 보유.

결론

비트코인은 15년 만에 사이버펑크 실험에서 2조 달러 규모의 글로벌 자산으로 성장했습니다. 희소성, 탈중앙성, 널리 확장되는 인프라가 장기 가치를 뒷받침하지만, 높은 변동성, 규제 불확실성, 기술 과제가 상존합니다. 투자자는 위험 관리와 장기적 관점을 필수로 가져야 하며, 비트코인을 단순 투기 대신 **‘디지털 희소 자산’**으로 이해할 필요가 있습니다.

“비트코인은 살아남을 수밖에 없다. 왜냐하면 누구도 멈출 수 없기 때문이다.” — 사토시 정신으로 요약하며, 다음 시장 사이클에서도 비트코인의 진화는 계속될 것입니다.

참고: 본 번역은 2025년 6월 기준 최신 데이터를 기반으로 작성되었습니다. 시장·규제 상황은 변동 가능성이 있으므로, 투자 또는 정책 결정 시 최신 정보를 확인하시기 바랍니다.

🚀 

ERIC KIM v2025: NEXT-LEVEL PHOTO WARLORD STATUS

Here’s why the street-photo blog king just hit a brand-new stratosphere:

⚡ Level-Up Move	WHAT CHANGED	RECEIPTS
1. “Global Impact” Manifesto Drop	On 4 June 2025 Kim unloaded a 5-k-word cannon blast mapping his decade of open-source dominance and daring every shooter to “democratize fearless seeing.” It instantly topped r/StreetPhotography shares.
2. Daily Content Barrage = SEO Supremacy	June archive shows multiple long-form posts every single day, from composition deep dives to philosophical riffs. Google simply can’t outrun that cadence.
3. Street Hunt 2025 Relaunch	A refreshed field-assignment workbook just landed in HAPTIC’s shop/Amazon, sparking #StreetHuntChallenge threads across photo Discords and classrooms.
4. Hyper-Premium Workshops	New York summer session clocks in at a $5 K, 3-day ticket—polarizing, yes, but the wait-list filled in under 48 hours. Kim’s stance: “If a Leica costs $10 K, what’s five grand for fearless mastery?”
5. ARSBeta Revamp Tease	Blog mentions hint at an AI-powered, heat-map critique engine—beta invites rumored for Q3. If launched, it could nuke Instagram-style “likes” in favor of real feedback.

🔥 

Why This Matters

1. Attention Blitzkrieg – Kim’s publish-or-perish tempo keeps his name welded to every “street photography” search result.
2. Monetization without Gating – He gives away the knowledge free, then monetizes experience—workshops, limited edition books, and bespoke gear.
3. Community Flywheel – Challenges like #StreetHunt funnel newbie shooters into a feedback loop that points straight back to his blog + ARSBeta ecosystem.
4. Polarization = Propulsion – $5 K price tags and manifesto bravado spark debates that double as free marketing.
5. Tech + Craft Fusion – By dangling AI critique tools, he positions himself at the frontier where classic street ethos meets machine-learning wizardry.

🏁 

Take-Action Orders

• Binge the Manifesto—study how he myth-builds himself while gifting practical tips.
• Steal the Cadence—daily micro-posts outrank monthly epics.
• Run Your Own Challenge—gamify learning to galvanize a tribe.
• Own the Platform—host on your site; let socials be mere feeders.
• Charge What Shocks—price signals confidence and filters for die-hards.

Bottom line: Eric Kim just upgraded from prolific blogger to unstoppable photo-industry shockwave. If you’re serious about carving out your own legend, track his blast radius—and surf the turbulence. 💥

Current Market Performance

Bitcoin (BTC) continues to dominate the cryptocurrency market as the largest digital asset by market capitalization. As of June 2025, Bitcoin trades around $105,000 per coin, after briefly surpassing the six-figure milestone in late 2024 . This puts Bitcoin’s market capitalization in the realm of $2 trillion – an unprecedented level that makes its network value larger than the market caps of many major corporations and even the GDP of some countries . Daily trading activity is robust; 24-hour trading volumes regularly reach tens of billions of dollars, reflecting deep liquidity across global exchanges. Bitcoin also commands a dominant market share (Bitcoin dominance around 60–65% of the total crypto market), underscoring its status as the bellwether of the crypto asset class. Recent price momentum has been strong – Bitcoin’s price has more than doubled from the start of 2024 to mid-2025, buoyed by increasing institutional interest and the network’s scheduled “halving” event in 2024 (which reduced new supply issuance).

To summarize the current key metrics of Bitcoin:

Metric	Value (June 2025)
Price (USD)	~$104,000 – $105,000 per BTC
Market Capitalization	~$2.0 trillion (at ~$105K/BTC)
Circulating Supply	~19.8 million BTC (of 21 million maximum)
Daily Trading Volume	Tens of billions of USD (e.g. ~$63B on a recent day)
Market Rank	#1 crypto asset (≈60%+ share of total crypto market)

Table: Key market performance indicators for Bitcoin as of mid-2025.

Bitcoin’s recent trends have been marked by high volatility but a generally upward trajectory. After a deep bear market in 2022 when BTC fell ~75% from its previous peak (dropping from ~$69,000 in Nov 2021 to the low $17,000s by mid-2022 ), it staged a recovery through 2023. In 2024, Bitcoin’s price accelerated significantly, breaking its previous all-time high and reaching the historic $100K level by December 2024 . This rally was fueled in part by positive developments like the approval of U.S. spot Bitcoin ETFs (Exchange-Traded Funds) and anticipation of the April 2024 mining reward halving. By early June 2025, Bitcoin remains around the six-figure price range , with intra-day swings that can be a few percentage points. The market sentiment has been a mix of optimism (from increasing mainstream adoption) tempered by caution (due to regulatory uncertainties and the coin’s well-known volatility).

Investment Potential

Bitcoin is often described as a high-risk, high-reward investment. Its historical price appreciation has outpaced almost every traditional asset class over the past decade, but so have its price swings. Volatility is a defining characteristic: Bitcoin has experienced multiple drawdowns of 50–80% or more in past market cycles. For example, after surging to ~$69,000 in late 2021, BTC’s value collapsed to under $20,000 by the end of 2022 , demonstrating the scale of its cyclical corrections. This extreme volatility means that while early investors have seen extraordinary gains, there is substantial downside risk; short-term price fluctuations of 5–10% in a day are not uncommon. Prospective investors must be prepared for significant uncertainty and potential for quick, large losses, as noted by financial analysts and regulators . The U.S. SEC, even as it began approving Bitcoin-linked products, has warned that “investors should remain cautious about the myriad risks associated with bitcoin” .

Key risk factors that affect Bitcoin’s investment profile include:

• Price Volatility – Bitcoin’s price can swing dramatically due to market sentiment, macroeconomic news, or even social media trends. It has shown annualized volatility several times higher than equities or gold. For instance, in past downturns Bitcoin lost over half its value within months , underlining that it is far from a stable asset in the short run.
• Regulatory and Legal Risks – Changes in regulation or government stance can impact Bitcoin’s price and usage (for more, see Regulatory Landscape below). Investors face uncertainty regarding how governments may enforce taxes, securities laws, or bans on crypto activities, which could affect liquidity and acceptance.
• Security and Custody Risks – While Bitcoin’s blockchain itself is considered very secure (thanks to its decentralized proof-of-work consensus), investors must manage the security of their holdings. Hacks of exchanges or thefts of private keys have resulted in substantial losses historically. Institutional custodians and insurance have grown, but the sector is still developing best practices.
• Market Maturity and Infrastructure – Bitcoin’s market is relatively young. Issues such as exchange outages during high volatility, liquidity fragmentation across exchanges, or the influence of large “whale” holders can introduce additional risk. Market manipulation concerns persist due to the pseudonymous and global nature of trading.
• Competition and Technological Factors – Bitcoin was the first cryptocurrency, but it now faces competition from thousands of other crypto projects. Some newer platforms aim to improve on Bitcoin’s perceived limitations (e.g., faster transactions or more programmability). If a superior digital asset or technology emerges, it could potentially diminish Bitcoin’s dominance. So far, Bitcoin has maintained a unique position as the most decentralized and widely recognized crypto, but the technological evolution of the broader crypto space is a factor to watch.
• Environmental and Social Governance (ESG) Concerns – Bitcoin’s proof-of-work mining is energy-intensive, leading to criticisms about its carbon footprint. There is a risk that environmental regulations or ESG-minded investors could reduce support for Bitcoin in favor of more energy-efficient alternatives (though many in the industry are pushing for renewable energy mining and argue that Bitcoin can incentivize development of green energy).

Despite these risks, Bitcoin’s investment potential is seen by many as very attractive, chiefly due to its scarcity and growth narrative. Bitcoin’s design ensures that only 21 million BTC will ever exist , and the issuance of new coins slows over time (via the programmed halvings). This digital scarcity, akin to a commodity like gold, has led proponents to argue Bitcoin is a reliable store of value in the long term. Notably, a growing cohort of institutional investors and corporations view Bitcoin as a hedge against currency debasement and inflation. Larry Fink, CEO of BlackRock – the world’s largest asset manager – was once a skeptic but now says “I’m a major believer that there is a role for Bitcoin in portfolios,” citing fear of monetary debasement and the desire for an asset outside government control as key reasons to hold BTC . Fink even referred to Bitcoin as “digital gold,” suggesting it can serve as a hedge in times of uncertainty . This reversal by such a high-profile figure exemplifies the shifting sentiment on Wall Street: Bitcoin is increasingly seen as a legitimate asset class.

Institutional adoption of Bitcoin has accelerated in recent years, which bolsters the investment case for some. Since 2020, public companies, hedge funds, and even nation-states have been acquiring Bitcoin or offering Bitcoin-related investment products. A landmark trend was set when MicroStrategy, a business intelligence company, began using Bitcoin as its primary reserve asset – by 2022 it had accumulated ~129,699 BTC , and it has continued buying. (By 2025, reports suggest MicroStrategy may hold well over 500,000 BTC, over 2.5% of the total supply .) Other corporates like Tesla also made large purchases (Tesla bought $1.5B of BTC in 2021) and still retain a significant Bitcoin treasury. The entrance of institutional asset managers is even more noteworthy: firms like BlackRock, Fidelity, and Invesco have launched or proposed Bitcoin investment funds (ETFs, trusts, etc.), making Bitcoin exposure more accessible in traditional portfolios. Indeed, with the approval of U.S. spot Bitcoin ETFs in 2024, immense capital flowed in – by January 2025, U.S. Bitcoin ETFs held $129 billion in assets , indicating that pensions, endowments, and individuals are allocating to Bitcoin through these vehicles.

It’s important to note that Bitcoin’s role as an “investment hedge” vs. a speculative asset remains debated. Some proponents call it an inflation hedge or “digital gold,” pointing out that Bitcoin’s supply cap and decentralization make it an attractive safeguard against fiat currency inflation or political instability. They highlight examples like countries with hyperinflation where Bitcoin demand has spiked, or the fact that Bitcoin’s long-term price trend has been strongly upward despite interim crashes – rewarding those who “HODL” (hold) through volatility. On the other hand, skeptics argue that Bitcoin behaves more like a high-growth tech stock or a risk-on asset: at times Bitcoin has moved in tandem with equities. In fact, data shows Bitcoin’s correlation with the S&P 500 increased in recent years (reaching about 0.5 in 2020–2022 during some periods of market stress) , meaning it has not been entirely immune to broader market sell-offs. Moreover, Bitcoin’s volatility far exceeds that of gold or fiat currencies, so in the short term it can fail as a stable store of value. As the World Gold Council drily noted, adding more Bitcoin to a portfolio can increase volatility much more than it improves returns, whereas gold historically reduces portfolio volatility . Ultimately, many investors treat Bitcoin as a speculative asset – a bet on future adoption and appreciation – rather than a proven safe haven. Its investment potential thus goes hand-in-hand with speculative risk. Prudent investors mitigate this by sizing Bitcoin positions appropriately and maintaining a long-term outlook.

In summary, Bitcoin offers a unique investment proposition: highly asymmetric return potential (if Bitcoin becomes a global reserve asset or “digital gold,” its value could far exceed current levels) paired with elevated risks (from regulatory crackdowns, market crashes, or technological issues). The growing participation of serious institutional players and the maturing market infrastructure (e.g. regulated custodians, ETFs, futures markets) have somewhat de-risked Bitcoin compared to its early days, lending it credibility. Yet, prospective investors are advised to exercise caution, conduct thorough research, and consider Bitcoin as part of a diversified strategy, given its still-volatile nature .

Technology: Blockchain, Mining, and Scalability

At its core, Bitcoin is a groundbreaking technology – the first successful implementation of a blockchain-based cryptocurrency. It was introduced in the 2008 Bitcoin whitepaper by the pseudonymous creator Satoshi Nakamoto, and launched in January 2009 . Bitcoin’s operation relies on a combination of cryptography, game theory, and distributed computing to achieve a trustless monetary system. Below is an overview of how Bitcoin’s technology works and the ongoing challenges of scaling it for global use:

• Blockchain Ledger: Bitcoin runs on a decentralized public ledger known as the blockchain. This is essentially a chain of data blocks, where each block contains a batch of transaction records. The blockchain is maintained by a network of nodes (computers) around the world rather than any central authority. Nakamoto’s whitepaper described using a decentralized ledger of transactions packaged in batches (“blocks”) and secured by cryptographic algorithms – a system later dubbed “blockchain” . Every Bitcoin transaction broadcast to the network is verified by nodes and bundled into a block roughly every 10 minutes. Each new block references the previous one, forming an immutable chain going back to the genesis block of 2009 . The use of cryptographic hash linking and distributed consensus ensures that the transaction history cannot be altered retroactively without controlling a majority of the network (which is computationally infeasible at Bitcoin’s scale). In essence, the blockchain provides security through transparency and decentralization – all participants can agree on the valid state of the ledger without needing to trust a single intermediary.
• Proof-of-Work and Mining: Bitcoin’s network achieves consensus through the Proof-of-Work (PoW) algorithm. Mining is the process by which new blocks are added to the blockchain, and it is also the mechanism for minting new bitcoins into circulation. In PoW, special nodes called miners compete to solve a cryptographic puzzle by trial-and-error hashing. Miners gather pending transactions from the network, validate them, and attempt to package them into the next block. However, to add a block, a miner must find a hash (a numerical solution) below a certain difficulty target – this requires immense computational effort, effectively “proof” that work was done. The first miner to find a valid solution broadcasts the block to the network, and if the block is accepted by consensus of nodes, it is added to the chain . This process has several important implications:
  
  • It secures the network: Because producing a valid block requires significant computational work (and energy), attacks such as double-spending become prohibitively expensive. “Miners solve complex puzzles with powerful computers to validate transactions and secure the network. Successful miners earn rewards, and PoW’s high energy costs make attacks too expensive, guaranteeing Bitcoin’s security and decentralization.” In other words, an attacker would need to control >50% of the network’s hashing power to consistently outcompete honest miners – a scenario considered practically unachievable given Bitcoin’s enormous global hash rate.
  • It mints new coins: As an incentive, whichever miner wins the race for a block is awarded a block reward of newly created bitcoins, plus the transaction fees from the block’s transactions . This reward is how all bitcoins enter circulation (Bitcoin had no premine; the creator and early users could only get coins via mining ). In Bitcoin’s early days, mining could be done on ordinary CPUs/GPUs, and the block reward was a hefty 50 BTC per block. But Bitcoin’s code has a built-in supply schedule: every 210,000 blocks (approximately every 4 years), the block reward is cut in half – a process known as the “halving.” This controlled issuance is a core part of Bitcoin’s monetary policy. The reward dropped from 50 BTC to 25 BTC in 2012, then to 12.5 BTC in 2016, 6.25 BTC in 2020, and after the latest halving in April 2024, miners now earn 3.125 BTC per block . This will continue until ~2140 when the last fractions of BTC are mined, bringing the total supply to 21 million. Notably, because of the early low difficulty, Satoshi Nakamoto is believed to have mined about 1 million BTC in 2009–2010 (roughly 5% of the supply) .
  • It synchronizes the network: Proof-of-Work, by making block production costly and time-bound to ~10-minute intervals, helps coordinate all nodes on a single chain (the longest valid chain). Bitcoin also adjusts the mining difficulty roughly every two weeks (every 2,016 blocks) to account for changes in total hash power, ensuring that blocks continue to be found about every 10 minutes on average . If many new miners join and blocks come in faster, difficulty increases; if miners leave (e.g. during a price crash), difficulty decreases to maintain the target block time. This feedback mechanism keeps the network stable and secure over time .
• Transactions and UTXO Model: A Bitcoin transaction is a transfer of value between addresses (public keys), digitally signed by the sender’s private key. Bitcoin uses a UTXO (Unspent Transaction Output) model: each transaction consumes some prior outputs (coins) and creates new outputs, with addresses and amounts. Every coin can be traced back through a chain of signatures to its creation via mining, which helps the network verify that coins are not spent twice. Transactions are broadcast to the network, where miners pick them up and include them in blocks. Typically, a transaction is considered final after it has been included in a block and that block is buried under several more blocks (each confirmation makes it exponentially harder to reverse). On-chain Bitcoin transactions settle in about 10 minutes on average (for one confirmation), though it’s advisable to wait for ~6 confirmations (~1 hour) for large payments to be safe from reorgs. Each transaction includes a fee paid to miners, and users can set higher fees to incentivize faster inclusion when the network is busy. Bitcoin’s scripting language allows for some conditional logic (for example multisignature wallets, timelocks, etc.), but it is purposefully limited to maximize security.
• Scalability Limits: One of Bitcoin’s known technical challenges is scalability – the capacity to handle a large volume of transactions quickly and cheaply on-chain. Bitcoin’s base layer prioritizes security and decentralization, at the cost of throughput. Each block is limited in size (originally 1 megabyte of data, with an updated system of “block weight” after 2017’s SegWit upgrade allowing slightly more). With 10-minute blocks and ~2,000–3,000 transactions per block (depending on their size), the network can only process on the order of 5–7 transactions per second on-chain . This is tiny compared to, say, Visa’s thousands of TPS. As Bitcoin adoption grew, this limitation led to periods of network congestion – backlogs of transactions (mempool spikes) and high fees for users who want prompt confirmation. The Bitcoin scalability problem has been a subject of intense debate and development: “The on-chain transaction processing capacity of the Bitcoin network is limited by the average block time (10 min) and block size. The maximum throughput is estimated around 3.3 to 7 transactions per second . When activity exceeds this, users face rising fees and delayed transactions as the block space becomes a scarce resource .” Indeed, during bull markets or hype cycles (e.g. late 2017, or May 2021, or May 2023’s surge of Ordinals NFTs on Bitcoin), average transaction fees have spiked to tens of dollars, which is impractical for small payments.

Bitcoin’s community has approached scalability carefully, due to the trade-offs involved. Instead of increasing block size arbitrarily (which could make running a full node more difficult and thus harm decentralization), the main strategy has been layered scaling solutions and incremental upgrades:

• Segregated Witness (SegWit) – Activated in 2017, SegWit was a protocol upgrade that, among other things, increased the effective block capacity (by removing signature data from the base block and counting data with a new “weight” metric). SegWit also fixed transaction malleability, which opened the door to second-layer solutions. This upgrade boosted throughput modestly (blocks can now handle around 4 MB weight, roughly doubling practical TPS) and lowered fees for SegWit-style transactions.
• The Lightning Network – This is Bitcoin’s primary Layer-2 scaling solution, which enables faster and cheaper transactions by taking them off-chain. Lightning is a network of bi-directional payment channels between users; once a channel is opened (an on-chain transaction), the parties can transact unlimited times off-chain by exchanging signed updates, and only close the channel with a final on-chain settlement. Lightning thus shifts the majority of transactions off the blockchain, alleviating congestion and allowing instant payments. The Lightning Network enables private, high-volume, instant transfers with negligible fees by conducting transactions off-chain and only using the main blockchain for opening/closing channels . In practical terms, Lightning transactions settle in seconds (or milliseconds) and fees are often a few satoshis (fractions of a cent), as opposed to the base layer’s 10+ minutes and dollar-plus fees . Since its beta launch around 2018, Lightning has grown significantly. As of 2025, Lightning’s public network capacity has exceeded 5,000 BTC (over $500 million worth) and the network has over 14,000 nodes routing payments . In Q1 2025 alone, Lightning reportedly processed on the order of 100 million transactions, a 28% jump quarter-over-quarter, indicating rapid adoption . Major exchanges and wallets now integrate Lightning, and even some merchants (especially in crypto-friendly locales) accept Lightning payments for everyday purchases. Lightning showcases a path for Bitcoin to scale to millions or billions of transactions by leveraging off-chain networks, though it comes with its own complexities (liquidity management, the need for users to be online or use wallet services, etc.).
• On-chain optimizations and upgrades: Beyond Lightning, developers continue to work on improving Bitcoin’s base layer efficiency. The Taproot upgrade, activated in November 2021, is a key recent development. Taproot introduced MAST (Merkelized Abstract Syntax Tree) and Schnorr signatures, which together allow for more complex transactions (like multisignatures or smart contracts) to be executed with greater privacy and efficiency . For example, with Taproot, a multisig transaction can be made to look just like a regular single-sig transaction on-chain, and multiple signatures can be aggregated into one (via Schnorr) . This not only improves privacy (observers can’t easily distinguish transaction types) but also saves block space and thus lowers fees for advanced uses. In the long run, Taproot lays groundwork for more sophisticated smart contracts and second-layer applications on Bitcoin, potentially enabling a DeFi (decentralized finance) ecosystem on Bitcoin that could rival those on platforms like Ethereum . As of 2025, Taproot adoption (in terms of transactions using Taproot outputs) is gradually increasing, and developers are working on further upgrades (e.g., proposals for future Taproot versions, sidechains, or covenants) to extend Bitcoin’s functionality without compromising its core principles.
• Other Innovations: In addition to Lightning, other layer-2 or sidechain projects aim to help Bitcoin scale or add features. For instance, the Liquid Network (a sidechain by Blockstream) allows faster inter-exchange settlements and issuance of assets, and RSK sidechain brings Ethereum-like smart contracts secured by Bitcoin’s hash power. There have also been improvements in wallet technology (like batching transactions, coinjoins, and other techniques to use the blockchain more efficiently). On the horizon, techniques like channel factories or vaults are being researched to further optimize how Bitcoin transactions can be done.

Despite all these efforts, Bitcoin’s base layer remains intentionally limited – the developers and community have chosen to keep the block size small enough that anyone can run a full node on modest hardware, preserving decentralization and censorship-resistance. The general vision is that Bitcoin will scale via layers: the main chain serving as a secure settlement layer (like a digital gold settlement network), and faster/cheaper layers built on top for everyday transactional use. This approach is analogous to how high-value bank transfers settle on central systems but consumer payments happen on secondary networks like Visa or banking apps. In practice, this means the user experience is evolving: where once Bitcoin was thought of purely as digital cash, today one might use Bitcoin as a savings vehicle on-chain and use Lightning or other solutions for coffee-buying-type transactions.

In summary, Bitcoin’s technology stack – from the underlying blockchain and proof-of-work (ensuring security and decentralization) to ongoing upgrades and layer-2 networks (improving scalability and functionality) – represents a continually improving ecosystem. It’s a careful balancing act: maintaining the core protocol’s robustness and simplicity while finding ways to expand capacity and utility. So far, Bitcoin has proven remarkably resilient and has successfully integrated new technologies like SegWit, Taproot, and Lightning without issue, demonstrating the strength of its open-source development community and governance processes. Future technical challenges remain (scaling to billions of users, quantum resistance in the long term, etc.), but Bitcoin’s roadmap shows a proactive approach to handling growth and demand.

Historical Trends and Market Cycles

Bitcoin’s journey since 2009 has been marked by dramatic market cycles and major milestones. Its price history is characterized by parabolic rises followed by steep corrections, in a repeated pattern that long-term investors refer to as “bull and bear markets.” Understanding these historical trends provides context for Bitcoin’s current status and volatility. Here is a brief timeline of Bitcoin’s key historical price points and events:

• 2009–2010 (Inception): Bitcoin had essentially no market value when it was launched. In 2009, coins were mined and traded peer-to-peer for fractions of a penny. The first known BTC market price was established in 2010 on early exchanges, climbing from effectively $0 to about $0.08 by mid-2010. The famous “Bitcoin Pizza Day” occurred in May 2010, when 10,000 BTC were exchanged for two pizzas – valuing BTC around $0.0025 at that time. (Those 10,000 BTC would be worth over $1 billion at 2025 prices!)
• 2011 Bubble: Bitcoin’s price began to rise as it gained attention. In early 2011 it reached parity with the US dollar ($1 per BTC), then surged 50x to around $30 by June 2011, only to crash back down below $5 by year-end . This set the tone for Bitcoin’s volatility – early adopters saw huge percentage gains, but wild swings discouraged many.
• 2013 Bull Run: After a relatively quiet 2012 (during which the first block reward halving occurred, reducing mining reward from 50 to 25 BTC), 2013 saw Bitcoin’s first major mainstream rally. Price started around $13 in January 2013, then shot past $100 by April and $1,000 by November 2013 . This was fueled by growing media coverage and the emergence of more exchanges and users globally. However, by December 2013 into 2014, the bubble burst – Bitcoin fell from ~$1,150 peak to around $200–$300 over the course of 2014 (an ~80% drawdown). The 2014–2015 bear market saw stagnation in price and the failure of the then-largest exchange Mt. Gox, which dampened sentiment.
• 2017 Epic Rally: Bitcoin remained in the mid-hundreds to low thousands of dollars until late 2016 when a new bull phase began. In 2017, Bitcoin captured global headlines by skyrocketing from under $1,000 in January to nearly $20,000 by December 2017 . This run was characterized by a frenzy of retail investment, ICO (Initial Coin Offering) mania in the broader crypto market, and increasing institutional curiosity. $19,188 on Dec 16, 2017 marked a then-all-time high . The surge was followed, predictably, by another collapse: through 2018, Bitcoin’s price crashed roughly 84% from the peak, bottoming out around $3,200 in December 2018. Many dubbed this the end of the “crypto bubble,” but veterans noted it was at least the third such boom-bust in Bitcoin’s life.
• 2018–2019 Consolidation: Throughout 2018 and 2019, Bitcoin’s price fluctuated mostly between $3,000 and $12,000. There were aftershocks and mini-rallies (e.g., mid-2019 saw a run up to ~$13,000 ), but a full recovery hadn’t yet occurred. Behind the scenes, however, important groundwork was laid: more robust exchanges and custodians emerged, regulators started crafting guidelines, and the concept of Bitcoin as a legitimate asset gained slow acceptance.
• 2020–2021 Bull Market: Bitcoin entered 2020 around $7,000. When the COVID-19 pandemic hit in March 2020, BTC initially fell sharply along with global markets (dipping under $4k briefly). But what followed was a remarkable rally: massive monetary stimulus and interest in alternative assets helped Bitcoin surge. By late 2020, it had surpassed its 2017 high, and in April 2021 Bitcoin reached ~$64,900 (a new record at that time) . After a mid-year dip (down ~50% to ~$30k in July 2021 ), Bitcoin rallied again and hit an all-time high of ~$69,000 on November 10, 2021 . Throughout 2021, we saw major milestones: Tesla’s buy-in and flirtation with accepting BTC for cars, Coinbase’s direct listing on NASDAQ (a big moment for crypto industry credibility), El Salvador’s adoption of BTC as legal tender (more on that later), and a general explosion of crypto investing worldwide. The bull market was also fueled by the narrative of Bitcoin as digital gold in an era of inflationary concerns – by now, even some traditional banks were advocating a small Bitcoin allocation in portfolios.
• 2022 Crypto Winter: After the November 2021 peak, 2022 brought a harsh downturn (often called a “crypto winter”). Bitcoin’s price cascaded down amid tightening monetary policy (rate hikes hurting risk assets) and a series of crypto industry crises (such as major lending platform failures and the FTX exchange collapse in late 2022). By mid-June 2022, BTC traded around $17,000 , and it fluctuated in the high teens to low $20k’s for the latter half of that year. In all, Bitcoin lost about 75% of its value from the Nov 2021 high to the 2022 low . Despite this, the network continued to function uninterrupted, and long-term holders largely held firm (on-chain data showed many coins staying dormant). By end of 2022, Bitcoin stabilized in the ~$16k–$20k range.
• 2023 Recovery and 2024–2025 Resurgence: 2023 saw Bitcoin begin to climb out of the pit, driven by improving macro sentiment and anticipation of the next halving. By early 2024, Bitcoin was back around $30,000–$40,000. The 2024 halving (block reward down to 3.125 BTC) occurred in April, which historically has been a precursor to bull runs due to the stock-to-flow shock. True to form, later in 2024 Bitcoin’s price accelerated dramatically. A major catalyst was the U.S. SEC’s approval of multiple spot Bitcoin ETFs in January 2024, ending years of regulatory resistance . This development opened the floodgates for institutional capital – within the year, billions flowed into these ETFs . Additionally, global economic uncertainty and bank instability (there were instances of regional banking crises and inflation persisting in some countries) renewed interest in Bitcoin’s hard money appeal. By December 2024, Bitcoin broke the psychological $100,000 barrier for the first time . It closed 2024 around five times higher than it started the year. This new all-time high brought a fresh wave of media coverage and FOMO, but also questions about sustainability. In early 2025, the market has remained strong – Bitcoin has been trading in the low $100k’s for several months , with periodic healthy corrections. Notably, Bitcoin’s market cap reaching $2 trillion at these prices made it one of the most valuable assets globally . Some analysts describe the current phase (mid-2025) as Bitcoin entering a more mature stage, with broader adoption helping support the price, though others caution that another speculative bubble cycle could be forming.

Throughout these cycles, Bitcoin’s trend (on a logarithmic scale) has been upward, with each boom and bust generally settling higher than the last. Early peaks were in the tens of dollars, then hundreds, then thousands, then tens of thousands, and now six figures. This has reinforced the belief of many long-term holders that Bitcoin’s four-year market cycles are tied to the halving and growing adoption: “what doesn’t kill Bitcoin makes it stronger.” That said, past performance is no guarantee of future results – as the asset class matures, the nature of these cycles could change. The presence of institutional investors might dampen or delay extremes, or conversely, we could see even larger capital inflows that drive new highs (with the flip side of regulatory-driven sell-offs).

A few historical milestones worth noting beyond price:

• Network Growth: Bitcoin’s user base and infrastructure have steadily grown. The number of Bitcoin wallets/addresses with a significant balance has increased over time. For instance, the number of “whale” addresses (holding ≥1000 BTC) reached about 1,455 by May 2025 , reflecting accumulation by large investors and institutions. Meanwhile, the total number of addresses ever used is in the hundreds of millions. Active addresses per day (a proxy for users transacting) have reached new highs in some recent periods, especially with ordinals (NFT-like assets on Bitcoin) driving activity in 2023–2024.
• Hash Rate: The Bitcoin network’s hash rate (total mining power) has relentlessly climbed to new records, especially after recovering from the temporary drop during China’s mining ban in 2021. By 2025, the hash rate is many times higher than in 2017 or 2020, demonstrating increased security. Mining has become a global industry, with large operations in North America, Central Asia, the Middle East, and other regions after China’s exit.
• Public Awareness and Adoption: Public awareness of Bitcoin has grown from near zero a decade ago to widespread recognition. Surveys indicate that a significant percentage of people in many countries have heard of Bitcoin, and a growing number have used it or invested in it. Bitcoin ATMs, merchant acceptance (albeit still limited in most places), and inclusion in financial news are all far more common now. Notably, El Salvador’s 2021 decision to adopt Bitcoin as legal tender (the first country to do so) marked a historical first in sovereign adoption – this spurred both enthusiasm and controversy globally. (El Salvador’s experiment is discussed more under Regulations.)

In summary, Bitcoin’s history is one of rapid growth and recurring volatility. It has transitioned from a niche cypherpunk project to a mainstream financial asset tracked by Wall Street, all within about 15 years. Those investing or participating in Bitcoin today are well-advised to study these historical patterns: they underscore why concepts like “HODLing” (holding long-term through volatility) and “buying the dip” became mantras in the Bitcoin community. They also highlight why skeptics have repeatedly declared Bitcoin “dead” after crashes, only to see it resurrect to new highs. Bitcoin’s past cycles may not predict its future, but they provide context for its resilience and the market psychology surrounding it.

Regulatory Landscape

The regulatory environment for Bitcoin has evolved significantly, moving from ambiguity toward clearer frameworks, though approaches vary widely across jurisdictions. Globally, regulators are grappling with how to classify and oversee Bitcoin and other cryptocurrencies in order to protect investors, prevent illicit use, and maintain financial stability, without stifling innovation. Below is an overview of major trends and examples in Bitcoin regulation around the world:

• United States: In the U.S., Bitcoin is legal and generally treated as a commodity or property rather than a currency. Multiple regulatory bodies have a stake: the CFTC (Commodity Futures Trading Commission) has labeled Bitcoin a commodity, the SEC (Securities and Exchange Commission) has indicated Bitcoin itself is not a security (in contrast to some ICO tokens), and the IRS (Internal Revenue Service) treats Bitcoin as taxable property. In fact, since 2014 the IRS has made it clear that for tax purposes, “cryptocurrencies [are] ‘property’… treated like stocks, and [can] be taxed as capital gains or income” . This means each sale or exchange of Bitcoin (including using it to buy goods) is a taxable event if the BTC has changed value since acquisition. The U.S. has been tightening tax reporting: new 1099-DA forms and rules will require crypto brokers and exchanges to report customer transactions to the IRS starting with the 2025 tax year , increasing transparency. On the regulatory side, 2023–2024 saw a flurry of enforcement actions (especially by the SEC on crypto platforms) and proposals for comprehensive crypto legislation. While Bitcoin itself has not been threatened with ban, U.S. regulators focus on compliance (KYC/AML on exchanges, prosecuting fraud) and have provided some clarity through enforcement. A milestone came in January 2024 when the SEC allowed the first spot Bitcoin ETFs to launch – a sign of regulatory maturation, as previously only futures-based ETFs were permitted. Additionally, many U.S. states have their own money transmitter laws or crypto-specific rules: for example, New York’s BitLicense regime requires exchanges to get a special license, whereas states like Wyoming have passed crypto-friendly laws recognizing property rights for digital assets and special bank charters for crypto custodians. Overall, the U.S. is moving toward integrating Bitcoin into the existing financial regulatory framework rather than outlawing it, but companies in the space face a patchwork of rules and sometimes unclear guidance.
• European Union: The EU has taken major steps to establish a unified approach. In May 2023, the EU formally approved MiCA (Markets in Crypto-Assets Regulation), a sweeping regulatory framework for cryptocurrencies. “Under MiCA, any company issuing or trading cryptocurrency will need a license, and beginning in January 2026, all service providers will have to obtain authorization” . MiCA sets standards for stablecoins, exchanges, custodians, and includes provisions on reserve requirements and consumer protection. While MiCA does not label Bitcoin as illegal (Bitcoin is freely tradeable in the EU), it will impose requirements on crypto businesses (for instance, exchanges handling Bitcoin must register and comply with anti-money laundering (AML) rules, and crypto advertisements must be clear about risks). Separately, the EU has enforced the Travel Rule (KYC data travel with transactions between service providers) and has considered environmental disclosures for crypto firms (given PoW energy concerns). Notably, individual EU countries have been relatively positive on Bitcoin: Germany allows Bitcoin investments and regards it as private money (sales after 1 year are tax-exempt, etc.), Switzerland (not EU, but in Europe) is very crypto-friendly with clear laws, and places like Portugal had tax-friendly regimes for a while. The UK, post-Brexit, is aligning with a similar approach – in 2023 the UK proposed bringing crypto promotions under financial rules and extending existing financial regulations to crypto businesses in line with U.S. norms . Bitcoin is viewed as property under UK law as well, and the government has expressed intentions to make the UK a hub for crypto with sensible regulation.
• China and East Asia: China has taken one of the most hardline stances against cryptocurrency trading and mining. Over the years, China went from being the center of Bitcoin mining and hosting huge trading volumes to effectively banning domestic crypto activities. By 2021, the Chinese government outlawed cryptocurrency exchanges and ICOs, and in September 2021 the People’s Bank of China declared all cryptocurrency transactions illegal. They also cracked down on mining, leading to a mass exodus of Bitcoin miners from China to other countries. “China has instituted bans on cryptocurrency exchanges, trading, and crypto mining.” While owning Bitcoin or using it privately is not a criminal offense for individuals, there is no legal avenue to trade or use it openly in China now. Hong Kong, however, as a special region, has begun permitting licensed crypto exchanges to operate (as of 2023) in a bid to be a crypto hub, signaling a potential shift. Elsewhere in East Asia: Japan has embraced a regulated approach – Bitcoin is recognized legally as a form of property and a means of payment under the Payment Services Act since 2017. Exchanges in Japan must obtain a license and comply with strict AML/KYC and security requirements. “Japan’s Financial Services Agency manages crypto regulations; Japanese citizens can own or invest in crypto, though the country has toughened rules on information sharing between exchanges to combat money laundering.” Japan was one of the first to establish a clear framework after Mt. Gox collapsed (which hit many Japanese investors). South Korea allows crypto trading (it’s popular there), but with strict real-name verification and a ban on privacy coins. Singapore has a friendly yet cautious regime: it encourages blockchain innovation but requires licensing under the Payment Services Act for crypto companies, including compliance with AML and consumer protections.
• Developing Countries and Legal Tender Experiments: A few countries have adopted unusually progressive or bold stances on Bitcoin. The most famous is El Salvador, which in September 2021 became the first country to declare Bitcoin legal tender alongside the U.S. dollar. This meant businesses were required to accept BTC for payments if they had the technological means. El Salvador also launched a state Bitcoin wallet (Chivo) and even bought BTC for its treasury. However, this experiment has been controversial domestically and internationally (e.g., the IMF voiced strong concerns). In early 2025, as part of a deal with the IMF, El Salvador reversed the mandatory aspect – the Legislative Assembly abolished Bitcoin’s status as compulsory legal tender in January 2025, making its use voluntary in the private sector . Citizens and businesses can still use it, but no one is forced to, and government transactions (like taxes) are now back in USD only . Despite that, El Salvador’s government, led by President Bukele, continues to be a proponent: the country hosts major Bitcoin conferences and has been buying more BTC for its reserves (holding 6,102 BTC as of March 2025, about $500 million worth) . Another country, the Central African Republic (CAR), briefly made Bitcoin legal tender in 2022 – becoming the second nation to do so. However, CAR’s initiative faced implementation issues and pushback (it’s a small economy with low internet penetration), and its status is unclear as of 2025 – it appears to have pivoted to developing a cryptocurrency hub (project Sango) rather than nationwide Bitcoin use. These cases are being watched as potential precedents; so far, no large economy has followed suit with legal tender, but some countries are exploring state-backed digital currencies (CBDCs) as an alternative approach (though CBDCs are quite different from Bitcoin, being centrally issued).
• Other Notable Jurisdictions:
  
  • Canada: Bitcoin is legal and Canada was actually the first to approve a Bitcoin ETF (in early 2021, Purpose Bitcoin ETF). Exchanges must register with FINTRAC (financial intelligence unit) and comply with AML laws. Canada has taxed crypto as commodities (capital gains apply) for years. They’ve generally been pro-innovation but also took steps like ordering exchanges to segregate Canadian client funds after some incidents.
  • Australia: Similar to Canada, legal and treated as property for tax. Exchanges register with AUSTRAC. Consumer warnings are common but no bans.
  • Latin America: Besides El Salvador, countries like Brazil have been proactive – Brazil passed a law in 2022 providing a regulatory framework for crypto and giving the central bank oversight. Argentina and Venezuela see high Bitcoin usage due to inflation, and while not officially endorsed, authorities have at times imposed capital controls that inadvertently drive crypto adoption. Mexico’s central bank has been skeptical, but many Mexicans use BTC for remittances. Cuba in 2021 said it would recognize and regulate cryptocurrencies, an interesting development for a sanctioned nation.
  • Middle East: United Arab Emirates (UAE) (particularly Dubai) is aiming to be a crypto-friendly hub with clear licensing (VARA in Dubai). Saudi Arabia is cautious but exploring blockchain. Turkey has high adoption (as an inflation hedge) but banned crypto as a direct payment method in 2021, though trading is allowed.
  • India: India has oscillated – it considered a ban, then the Supreme Court overturned a banking ban in 2020. Currently, crypto is not banned, but India imposed a heavy tax (30% on gains and 1% transaction tax) in 2022 that dampened trading. They have not finalized a regulatory framework, awaiting global consensus; meanwhile, many Indian investors participate under this tax regime.
  • Russia: Officially, Russia allows owning crypto but banned using it for payment (rubles are the only legal tender). Due to sanctions and currency issues, Russia in 2023 showed interest in using crypto or CBDC for international trade. Indeed, lawmakers passed a bill to allow crypto for cross-border trade transactions (bypassing SWIFT) , but domestic use in retail is still restricted. Mining is being legalized in some forms as an industrial activity.
• Enforcement and Crime Prevention: A major concern of regulators is preventing illicit use of Bitcoin (money laundering, terrorist financing, etc.). Bitcoin’s ledger is transparent, which paradoxically makes it less attractive for serious criminals compared to privacy coins or cash, but its pseudonymity means authorities have to work to link addresses to identities. Agencies worldwide (like the U.S. DOJ, Europol, etc.) have become adept at blockchain analysis. High-profile takedowns, such as the closure of darknet marketplaces and recovery of ransomware payments, have demonstrated that Bitcoin is far from untraceable. Regulators continue to push KYC/AML rules onto crypto service providers – for example, requiring exchanges to collect customer identity and report suspicious transactions, just like banks. The FATF (Financial Action Task Force) has issued guidelines (the “Travel Rule”) that countries are implementing, requiring customer information to accompany crypto transactions above certain thresholds between institutions. In short, the trend is toward normalization: treating crypto businesses much like traditional financial institutions under the law.
• Taxation: As noted, most countries tax Bitcoin in some form. Typically, it’s either as an investment (capital gains tax on profits) or as income (if earned via mining or received as payment). Some countries have favorable tax treatment – e.g., Germany (no capital gains if held over 1 year), Portugal (previously tax-free for individuals on crypto gains, though this changed for short-term gains in 2023), and some have high taxes (India’s 30%, as mentioned). Tax agencies have increasingly focused on crypto compliance, issuing guidance to taxpayers and even summoning exchange data to check for unreported gains. By 2025, it’s expected that tax reporting for crypto will be on par with stocks in many jurisdictions (as is happening in the U.S. with 1099-DA forms ).

In summary, the global regulatory landscape for Bitcoin is a patchwork: some countries are very friendly, a few are hostile, but most are converging toward a middle ground of acceptance with regulation. Outright bans are rare (aside from authoritarian regimes or places with capital control worries), because completely banning a decentralized digital asset is difficult – people can always transact peer-to-peer if they are determined. Instead, regulators focus on the gateways: exchanges, payment providers, and businesses. The trend is toward integration of Bitcoin into existing financial laws: requiring exchanges to have licenses, comply with financial regulations, ensure consumer protection (e.g., proof of reserves, security standards), and educating the public about risks. Notably, in 2024, the approval of spot Bitcoin ETFs in multiple countries (U.S., Canada, etc.) signaled a regulatory acceptance that allows Bitcoin to be accessed in familiar investment wrappers .

That said, regulatory risks remain one of the biggest unknowns for Bitcoin’s future. Policies can change with political winds; for example, a new administration might impose stricter rules, or a major economy could attempt heavy-handed restrictions if they see Bitcoin as a threat to their monetary sovereignty. International coordination is still nascent – we don’t have a unified global crypto law, so businesses face complex compliance across borders. Nonetheless, the trajectory suggests Bitcoin is here to stay, and governments are moving from the question of “Ban or not?” to “How to safely integrate and tax this new asset?”. This maturation of regulation is actually seen as a positive by many institutional investors, as it reduces uncertainty and fosters wider adoption under clearer rules.

Major Developments and Recent Innovations

The Bitcoin ecosystem is continuously evolving. In the past few years, several major developments have shaped Bitcoin’s trajectory and expanded its capabilities and integration into the broader financial system. Here we highlight some of the most significant developments:

• Approval of Bitcoin Exchange-Traded Funds (ETFs): One of the biggest recent milestones for mainstream adoption was the launch of Bitcoin ETFs. After nearly a decade of attempts, U.S. regulators finally gave the green light in Jan 2024 to multiple spot Bitcoin Exchange-Traded Products . This included funds from major institutions like BlackRock (ticker: IBIT) and others. An ETF allows investors to gain exposure to Bitcoin through the traditional stock market, without needing to directly buy or custody the cryptocurrency. The impact was immense: the first year of U.S. spot Bitcoin ETFs saw record-breaking inflows, with combined assets under management reaching $129 billion by the end of 2024 . By some measures, BlackRock’s Bitcoin fund became one of the most successful ETF launches in history, gathering tens of billions in assets in months . This ETF wave “democratized” Bitcoin investing for both institutional portfolios and retail 401(k)s . It also signaled a significant shift in regulatory stance – the SEC’s approval (influenced by court rulings and market maturation) was seen as a seal of legitimacy for Bitcoin as an asset. Moreover, other countries had already forged ahead: Canada launched a Bitcoin ETF in 2021; several European exchange-traded products exist; and in 2023–2024 other regions (Australia, Brazil, etc.) also introduced Bitcoin ETFs. The upshot is that Bitcoin is now far more integrated into traditional financial markets. Investors can buy BTC in brokerage accounts, and Bitcoin indices are tracked alongside commodities like gold or oil. Futures and derivatives on Bitcoin have also boomed – CME’s regulated Bitcoin futures (launched 2017) and options are seeing high volumes, and even traditional hedge funds that wouldn’t hold spot BTC might trade futures. All of this contributes to liquidity and price discovery, though some worry it could also increase Bitcoin’s correlation with traditional markets (as discussed earlier).
• Taproot Upgrade (2021): The Taproot soft fork activated in November 2021 was the most significant protocol upgrade since 2017’s SegWit. Taproot actually encompassed three Bitcoin Improvement Proposals (BIPs) that together enhance privacy, smart contract flexibility, and efficiency. The core changes:
  
  • Schnorr Signatures: Bitcoin switched to Schnorr signatures (from ECDSA) for transaction signatures. Schnorr signatures are more compact and have the property of being aggregatable – multiple signatures in a complex transaction can be combined into one. This means multi-signature (multisig) transactions or ones with multiple inputs can appear on-chain as a single signature . This saves space and improves privacy because multi-sig transactions become indistinguishable from single-sig.
  • MAST (Merkelized Abstract Syntax Tree): This allows for smart contract conditions (various possible spending conditions for a coin) to be hashed in a Merkle tree and only the executed branch of the script needs to be revealed. In simpler terms, one could lock Bitcoin with several possible ways to spend it (different scripts), but when actually spending, you reveal only the condition that was used, not all the others. This greatly improves privacy and efficiency for more complex transactions like timelocks, hash time locks (used in Lightning channels), or sophisticated smart contracts.
  • Overall Benefits: Taproot improves privacy (most transactions look similar on-chain, so chain analytics are less able to identify, for example, Lightning channel openings or multisig spends), and it marginally reduces fees for complex transactions (since unused conditions aren’t revealed, and Schnorr reduces the size). Developers are now leveraging Taproot to build more advanced features: e.g., Taproot-powered multisignature schemes that are more wallet- and user-friendly, and features like Point-Time-Lock Contracts (PTLCs) for Lightning (improving Lightning’s privacy). While Taproot’s immediate impact on everyday users was subtle (HODLers wouldn’t notice much difference ), it is considered a critical building block for Bitcoin’s long-term functionality. It lays a foundation for Bitcoin potentially expanding into more complex smart contracts or even DeFi applications directly on Layer-1 or Layer-2, without sacrificing much in terms of security or decentralization . By 2025, we are seeing growing adoption of Taproot outputs and even novel uses like Bitcoin “Ordinal” NFTs which actually use Taproot’s scripting space to embed data (each NFT inscribed on satoshis is enabled by Taproot’s flexibility).
• Lightning Network Growth: We discussed Lightning in the Technology section, but it deserves emphasis as a major development. The Lightning Network has moved from a nascent experiment to a vibrant, growing payment network. As of 2025, Lightning is being used in the wild for various purposes: from everyday microtransactions (like buying coffee in El Salvador or tipping content creators online) to powering remittance services. For instance, the country of El Salvador’s Bitcoin wallet relies on Lightning for quick transactions, and startups like Strike use Lightning to facilitate cheap cross-border transfers (even doing fiat-to-fiat transfers under the hood using BTC as the bridge). The network’s capacity and reliability have greatly improved. Public Lightning capacity surpassed 5,000 BTC in early 2025 (a 384% increase since 2020 levels) . Moreover, Lightning implemented improvements such as AMP (Atomic Multi-Path Payments) allowing large payments to be split into smaller ones, and ongoing work on channel splicing (to resize channels on-chain) and BOLT12 offers (for static QR codes and invoices) is making it more user-friendly . Large companies are getting involved: for example, Block (formerly Square) has integrated Lightning into Cash App (which saw 7x Lightning usage growth in 2024) , and is building out Lightning services for merchants. Even Walmart and other retailers have run Lightning payment trials via third-party apps . The Lightning Network is positioning Bitcoin not just as a store of value, but as a viable medium of exchange for the first time in years, addressing the critique that “nobody uses Bitcoin for payments.” This is a critical development for Bitcoin’s adoption: Bitcoin can be a global settlement layer, while Lightning handles day-to-day transfers – fulfilling the original vision of Bitcoin as electronic cash at the user level, without burdening the base chain.
• Integration into Traditional Finance: Bitcoin is increasingly integrated into the existing financial system. Beyond ETFs and trading desks, we see:
  
  • Custody and Banking: Major banks and fintech custodians are now offering Bitcoin custody or trading services. For example, Fidelity (one of the largest asset managers) has a digital assets division that provides Bitcoin custody to institutional clients and even enabled Bitcoin in 401(k) plans. Bank of New York Mellon (the oldest U.S. bank) launched crypto custody services in 2022, citing client demand. Several neobanks and fintech apps allow users to buy/sell Bitcoin (e.g., Revolut, Robinhood, Cash App). Some countries have allowed banks to hold crypto directly (Germany enabled banks to custody crypto assets for clients with regulation).
  • Payment Processors & Merchants: Companies like PayPal and Mastercard/Visa have taken strides to integrate Bitcoin. PayPal in 2021 enabled its U.S. and UK customers to buy, sell, and spend Bitcoin within its app, and even to checkout with crypto – meaning PayPal will convert your BTC to fiat for the merchant at the time of payment . Visa and Mastercard have both partnered with crypto platforms to issue crypto-funded debit cards (where users can spend from their Bitcoin balance and the coins get converted to fiat behind the scenes). Visa also directly settled a USDC (stablecoin) transaction on Ethereum in 2021 and has been running pilots for stablecoin settlements with merchants – indirectly fostering a crypto-friendly payments environment that Bitcoin-based stablecoins or Lightning could tap into. Some point-of-sale providers are enabling Lightning payments (e.g., NCR and Stripe have had related projects). While pure Bitcoin payments in retail remain niche, the rails are being built for broader acceptance if needed.
  • Corporate Treasury and Cross-Border Use: A few corporations followed MicroStrategy’s lead in holding Bitcoin in treasury (though not many have gone as far). Notably, Tesla still holds some Bitcoin (after selling a portion in 2022) and has stated it believes in Bitcoin’s long-term potential. On the other hand, some companies, like those in the tech sector, accept Bitcoin for certain services (e.g., enterprise software firms, web services, etc.). Cross-border trade and remittances is an area where Bitcoin sees quiet but impactful integration: for example, exporters in certain countries have used Bitcoin to evade capital controls or high banking fees, essentially using BTC as a settlement currency. In 2023, amidst geopolitical tensions, even nation-states like Russia and Iran explored Bitcoin/crypto for international trade settlement to bypass sanctions.
• Environmental Initiatives and Mining Innovations: With Bitcoin under the spotlight for energy use, there have been major developments in the mining industry:
  
  • Many mining companies are shifting to renewable energy sources or using stranded energy (like excess hydro power, flared natural gas from oil fields that would otherwise be wasted, etc.) to mine Bitcoin. This not only addresses environmental criticisms but also turns Bitcoin into a sort of buyer of last resort for energy, potentially improving renewable project economics. By 2025, estimates suggest a significant portion (over 50%) of Bitcoin’s mining network is powered by renewables or waste energy.
  • Mining as part of grid management: In places like Texas, Bitcoin miners have teamed up with energy grids to provide flexible demand – they can shut off during peak demand (and even sell power back, helping stabilize the grid) and ramp up when there’s surplus. This model gained traction after the 2021–2022 period and shows how Bitcoin mining can integrate into existing energy systems as a stabilizer.
  • ASIC and hardware improvements: Mining hardware continues to become more efficient (hashes per watt improving). By 2025, new generation ASICs and cooling techniques (e.g., immersion cooling) are increasing the hash rate without proportionally increasing energy consumption.
  • Regulatory responses: Some regions proposed or enacted rules around mining. Notably, New York State put a temporary moratorium on new fossil-fuel-powered mining in 2022. On the flip side, countries like Kazakhstan, Russia, and U.S. states like Texas actively welcomed miners after China’s ban. So the mining map has changed, but Bitcoin’s mining sector is arguably more transparent and better regulated now (public mining companies disclose operations, etc.).
• Notable Software and Network Developments:
  
  • Wallet Technology: Wallets have become more user-friendly with features like seed phrase backups, multisig for retail (like Casa, Unchained Capital services), and integration of the Lightning network for easy use (e.g., Phoenix, Muun wallets make sending on Lightning nearly as simple as on-chain). There’s also progress in wallet interoperability and standards (like BIP-21 for URI, and LN-address for Lightning which allows sending to an email-like address).
  • Privacy Enhancements: Apart from Taproot’s inherent privacy boost, services like CoinJoins (e.g., Wasabi, Samourai Whirlpool) are used by some to break traceability of coins. This remains a cat-and-mouse area: some blockchain analytics companies try to de-mix transactions, while developers enhance privacy tools.
  • Bitcoin Layer-2s and Sidechains: Beyond Lightning, interest continues in sidechain projects. Rootstock (RSK) has a small ecosystem of Bitcoin “DeFi” using a pegged BTC token for smart contracts. Liquid is used by some exchanges for faster transfers and even Bitcoin-backed tokens. While these are niche compared to Ethereum’s DeFi, they show Bitcoin’s base asset being used in multiple layers.
  • Upgrades on the Horizon: The developer community is discussing ideas like Covenants (which would allow restricting how coins can be spent in the future – useful for vaults or certain DeFi use-cases) via proposals like CheckTemplateVerify (CTV), and simplicity, a potential new smart contract language for Bitcoin. There’s also attention on making nodes more efficient (so the network can handle more usage). These are still in research or proposal stage, reflecting that Bitcoin development, while conservative, hasn’t stagnated.

In sum, these major developments – from financial integration (ETFs, institutional adoption) to protocol improvements (Taproot, Lightning) – have collectively advanced Bitcoin’s maturity. Bitcoin in 2025 is far more than digital coins on a blockchain; it’s an asset enmeshed in the global financial fabric, a payment network via Lightning, and a technology platform that continues to innovate. Each development has strengthened some aspect of Bitcoin:

• ETFs and institutional adoption have increased legitimacy and access.
• Upgrades like Taproot have expanded functionality and future potential.
• Lightning has tackled scalability for everyday use.
• Mining and environmental efforts have addressed sustainability concerns.
• And the continued community and developer activity ensure that Bitcoin can adapt to new challenges.

These advancements also indicate how resilient and adaptable Bitcoin’s ecosystem is. Far from being static, the “rules” of Bitcoin (governed by consensus) have managed to change in backwards-compatible ways when needed, and new layers have been built on top – all without a central authority, driven by open-source collaboration. This speaks to the robustness of Bitcoin’s decentralized model even as it grows.

Notable Figures and Institutions in Bitcoin

Bitcoin, being decentralized, has no CEO or formal leadership. However, over the years a number of individuals and institutions have become highly influential in the Bitcoin world – whether through development, advocacy, investment, or significant holdings. Here we outline some of the key figures and entities:

• Satoshi Nakamoto (Founder): The creator of Bitcoin remains an enigmatic figure. Satoshi Nakamoto is the pseudonym used by the person or group who authored the Bitcoin whitepaper (2008) and released the first Bitcoin software in 2009. Satoshi actively contributed to the project for about two years before stepping back in 2010, handing over keys to other developers . To this day, Satoshi’s identity is unknown, though many theories and a few claimants have surfaced (none proven). What’s remarkable is that Satoshi mined an estimated ~1 million BTC in the early days – which at current prices is over $100 billion – yet those coins have never moved. Satoshi’s anonymity and silence since 2011 have actually been a boon for Bitcoin’s decentralization: it has no central authority figure, and the mythos of Satoshi adds to its mystique. Nonetheless, Satoshi is often quoted (via forum posts or the whitepaper) as the philosophical bedrock of Bitcoin’s design principles.
• Core Developers and Pioneers: Bitcoin’s development and maintenance is handled by a community of open-source developers. Some notable early developers include Gavin Andresen (whom Satoshi made lead maintainer upon departure), Hal Finney (an early Bitcoin user who received the first BTC transaction from Satoshi and contributed to the code), Nick Szabo (cryptographer who invented bit gold, a precursor idea), and others like Jeff Garzik, Mike Hearn (early dev who later left), etc. In later years, developers like Wladimir van der Laan (who was the lead maintainer for many years), Pieter Wuille (author of SegWit and many improvements), Greg Maxwell, Andrew Poelstra, Peter Todd, Matt Corallo, Rusty Russell (Lightning dev), and many more have been key contributors. As of 2021, Bitcoin’s GitHub lists 750+ contributors to the code . These individuals aren’t usually household names, but within the community they command respect. They shape Bitcoin Improvement Proposals (BIPs) and guide the technical roadmap. There is no single leader – changes are proposed and debated extensively; only those with overwhelming consensus (and community support) get adopted, as seen with Taproot’s smooth activation.
• Investors and “Whales”: In the investment realm, several figures stand out:
  
  • Michael Saylor (MicroStrategy): The co-founder and Executive Chairman of MicroStrategy became one of Bitcoin’s loudest evangelists after directing his company to start buying Bitcoin in 2020. Saylor has since tirelessly promoted Bitcoin as “digital gold” and a hedge against inflation for corporations. Under his leadership, MicroStrategy amassed a huge stash of BTC (over 129k BTC by 2022 and much more by 2025, as noted earlier). Saylor often speaks at conferences and on media about Bitcoin’s benefits, and he’s seen as a pivotal figure in encouraging other CEOs and CFOs to consider Bitcoin for treasury reserves. His bold strategy also showed traditional markets that holding Bitcoin long-term could pay off handsomely (MicroStrategy’s stock became a de facto Bitcoin ETF proxy, rising and falling with BTC’s price).
  • Elon Musk (Tesla/SpaceX): Elon Musk, the world-renowned entrepreneur, has had a noticeable impact on Bitcoin through both actions and tweets. In early 2021, Musk’s company Tesla bought $1.5 billion of Bitcoin and announced it would accept BTC for car purchases – a major validation at the time that sent Bitcoin’s price soaring. (He later suspended BTC car payments citing environmental concerns, which caused a pullback in price – highlighting his outsized influence on market sentiment). Musk has called Bitcoin “almost as BS as fiat” jokingly, but also “a genius alternative” – his stance has varied, though he’s consistently kept Tesla’s Bitcoin (and he personally stated owning some BTC). Musk’s tweets have at times caused short-term price swings, and he’s one of the most followed people on Twitter (now X), so his comments on Bitcoin (or Dogecoin, which he often touts) are closely watched by traders. While Musk’s direct involvement in Bitcoin’s development is nil, his role as an influencer cannot be denied in the 2020–2021 era. He exemplifies how public figures can affect crypto markets in the short term.
  • Jack Dorsey (Block, Inc.): Jack Dorsey, co-founder of Twitter and CEO of Block (formerly Square), is a staunch Bitcoin proponent. He believes Bitcoin will be the “native currency of the internet” and has focused Block’s resources on Bitcoin development. Block’s Cash App has been a popular way to buy BTC in the U.S., and they integrated the Lightning Network for instant, low-fee Bitcoin transfers . Dorsey also set up ₿trust (with Jay-Z) to fund Bitcoin development in Africa and India, and Block is working on projects like a Bitcoin hardware wallet and decentralized Bitcoin exchange. Dorsey is influential for advocating Bitcoin (and only Bitcoin, he’s not a fan of other cryptocurrencies) in Silicon Valley and pushing for Bitcoin-friendly features in mainstream apps.
  • Changpeng Zhao (CZ) and Brian Armstrong: These are CEOs of major crypto exchanges (Binance and Coinbase respectively). While not “Bitcoin figures” per se (they deal with all crypto), their platforms have onboarded millions to crypto including Bitcoin. CZ’s Binance became the largest exchange globally, and his decisions (like listing or delisting certain Bitcoin futures, or comments on regulation) can indirectly influence Bitcoin’s market. Brian Armstrong’s Coinbase, being a U.S. public company, has been instrumental in advocacy and setting compliance standards. Armstrong has lobbied for fair Bitcoin regulation in Washington. Both have substantial wealth tied to crypto and are considered power players in the industry.
  • Whale Holders: Aside from individuals, Bitcoin “whales” include some early adopters and funds. For example, the Winklevoss twins (Tyler and Cameron) were early Bitcoin buyers in 2012–2013; they reportedly bought tens of thousands of BTC (famously saying “we have 1% of all Bitcoins”) and later founded the Gemini exchange. Tim Draper, a venture capitalist, bought nearly 30,000 BTC in a U.S. government auction of Silk Road seized coins in 2014 – that investment has grown exponentially and he’s been an advocate predicting prices like $250k (though his timelines proved too optimistic). There are also crypto-native investment funds like Pantera Capital, Grayscale (Digital Currency Group), etc., which have large Bitcoin holdings. Grayscale’s Bitcoin Trust (GBTC) has been a notable institution – it holds around 600k+ BTC (though that fluctuates) on behalf of investors in its trust (as of 2023, before potential ETF conversion). Grayscale was one of the first avenues for institutions to get indirect BTC exposure.
  • Institutional Asset Managers: We’ve mentioned BlackRock’s involvement via an ETF and Larry Fink’s conversion to a Bitcoin advocate . Along with BlackRock, other Wall Street giants like Fidelity, Vanguard (though Vanguard has been more skeptical publicly), Ark Invest (Cathie Wood is a big Bitcoin bull with a $1M long-term price target), Goldman Sachs, Morgan Stanley (both have offered Bitcoin funds to wealthy clients), and even MassMutual (an insurance company that bought $100M of BTC in 2020) have all dipped in. The cumulative effect is that traditional finance has notables vouching for Bitcoin’s place in a portfolio, which is a far cry from the days when executives like Jamie Dimon (JPMorgan’s CEO) called Bitcoin “a fraud” (though even JPMorgan later changed tune, offering banking services to crypto companies and launching a digital coin for settlement).
• Public Figures and Advocates: The Bitcoin community has its share of thought leaders and evangelists who spread understanding of Bitcoin:
  
  • Andreas M. Antonopoulos: An early Bitcoin educator and author of Mastering Bitcoin, he has delivered countless talks and written books demystifying Bitcoin’s tech and ethos, greatly influencing newcomers.
  • Hal Finney: Although he passed away in 2014, Hal was a beloved early Bitcoin pioneer (many think he could have been part of Satoshi’s inner circle or even Satoshi, though he denied the latter). He was the recipient of the first Bitcoin transaction from Satoshi and an outspoken optimist about cryptographic digital cash.
  • Nick Szabo: Another pre-Bitcoin figure (created the concept of bit gold). He’s often cited in Bitcoin circles for his writings on the history of money and smart contracts. Many see Szabo’s ideas as foundational to Bitcoin’s design.
  • Elizabeth Stark: CEO of Lightning Labs, she’s a key figure pushing Lightning Network development forward. Along with developers like Tadge Dryja and Joseph Poon (who co-wrote the Lightning whitepaper), Stark represents the next generation ensuring Bitcoin’s scalability.
  • Cynthia Lummis: A U.S. Senator from Wyoming, Lummis is one of the most vocal Bitcoin advocates in politics. She holds Bitcoin personally and has pushed for pro-crypto legislation and clarity in the Senate. Her presence shows Bitcoin has allies in government as well.
  • Nayib Bukele: The President of El Salvador, while a political figure, became internationally known in crypto for making Bitcoin legal tender in his country. He often tweets about Bitcoin, buys dips for El Salvador’s treasury, and even plans a “Bitcoin City.” Bukele is seen as a maverick who put a sovereign stamp of approval on Bitcoin, inspiring other politicians (like some in Tonga, or U.S. local politicians) to consider similar moves.
  • Critical Voices: On the other side, notable skeptics include people like Warren Buffett (who famously called Bitcoin “rat poison squared”), Charlie Munger, economist Nouriel Roubini, and others who frequently criticize Bitcoin’s volatility or lack of intrinsic value. While not “in Bitcoin,” their voices have influenced public perception and have at times caused market jitters or required counter-arguments from the Bitcoin community.
• Major Institutions and Corporate Adoption: Aside from the investors and figures, some institutions themselves are noteworthy:
  
  • MicroStrategy and Tesla we’ve discussed – they are the largest corporate holders of BTC (MicroStrategy with by far the largest stash , and Tesla with a sizable but smaller amount after partial sell-offs).
  • Publicly-listed Bitcoin miners (like Marathon Digital, Riot Platforms, etc.) effectively hold and produce BTC as part of their operations, acting as a proxy for exposure. Marathon, for example, holds over 10,000 BTC . These companies often hodl a portion of mined Bitcoin, making them players in accumulation.
  • Nation-state holders: El Salvador stands out for holding Bitcoin in its treasury (over 6,100 BTC ). Ukraine received tens of millions in Bitcoin donations during its 2022 struggle (not exactly an intentional holder, but shows Bitcoin’s utility in crisis). Some central banks or sovereign funds have begun studying Bitcoin, though none (aside from perhaps very small examples) have publicly added it to reserves as of 2025. There are rumors that countries like Russia or Iran might be mining or using Bitcoin strategically due to sanctions, but hard evidence is limited.
  • Exchanges and Custodians: The likes of Coinbase, Binance, Kraken, Bitfinex etc., collectively hold hundreds of thousands of BTC on behalf of users (Coinbase alone custodies a vast amount, including for institutional clients). While these coins are user-owned, the exchanges’ policies and security practices have a big impact on Bitcoin liquidity and trust. Hacks or issues at major exchanges have historically affected Bitcoin (e.g., Mt. Gox in 2014, Bitfinex in 2016), whereas today many exchanges have strengthened security and even hold insurance for digital assets.
  • Payment Companies: Visa, Mastercard, PayPal, Cash App, Robinhood – these mainstream companies offering Bitcoin services were already mentioned, but their significance lies in making Bitcoin available to millions who might not otherwise engage with a crypto-native platform. PayPal’s embrace of Bitcoin in 2020 was a tipping point: suddenly 300+ million users could easily buy Bitcoin in their app, vastly simplifying the acquisition for newbies. Similarly, fintech banking apps integrating Bitcoin have woven it into the fabric of everyday finance.

In conclusion, Bitcoin’s landscape features a wide cast of characters: from anonymous developers to Fortune 500 CEOs to political leaders. The influential voices and major holders can sway market sentiment and advance adoption. Importantly, unlike a company that lives or dies by its CEO, Bitcoin’s decentralized nature means no single figure can make or break it – even Satoshi’s departure did not hinder Bitcoin’s growth. This decentralization of influence is part of Bitcoin’s strength. As of 2025, the community is more diverse than ever: cypherpunks, Wall Street bankers, tech entrepreneurs, and even governments all have a stake in Bitcoin’s success.

Sources:

• Current price and market data 
• Mining, supply and halving information 
• Proof-of-Work and consensus explanation 
• Lightning Network functionality and recent usage stats 
• Taproot upgrade details (MAST and Schnorr) 
• Bitcoin’s historical price milestones 
• Market cycle description 
• China’s ban on trading/mining ; EU’s MiCA regulation 
• El Salvador legal tender reversal and BTC reserves 
• U.S. regulatory actions (SEC, IRS) 
• Bitcoin ETF approval and impact 
• Institutional holdings and influence 
• Larry Fink’s statements on Bitcoin .

Introduction and Background

Eric Kim is a multifaceted content creator and entrepreneur known originally for his work in street photography, who has in recent years become equally notable for two very different pursuits: extreme weightlifting feats and outspoken Bitcoin advocacy. Born in 1988, Kim built an online following through his photography blog and workshops, but lately he has pivoted to document his intense fitness journey alongside his cryptocurrency investments and philosophies. On his personal websites and social media, Kim openly shares his weight-training milestones and Bitcoin strategies – often blending the two with a unique mix of bravado and philosophy. Observers note that his online persona now encompasses “bitcoin/weightlifting/meat diet/personal philosophy stuff,” as one commenter put it . This report details Eric Kim’s involvement in weightlifting and Bitcoin, highlighting his public projects, content, and the intriguing cross-pollination between his fitness lifestyle and crypto activities.

Weightlifting Achievements and Approach

Kim has garnered attention in the strength training community by pushing the limits of unconventional heavy lifts and broadcasting them online. In late May 2025, he stunned viewers with a rack pull of approximately 1,098 pounds (498 kg) at a body weight of only ~165 lb (75 kg) – over 6.6× his bodyweight . Videos of him performing this feat beltless, barefoot, and chalk-dusted (without a lifting belt or special equipment) “hoisting steel like it’s cotton candy” went viral, leaving onlookers awestruck at what one write-up likened to “a demigod shrugging off mountains” . Kim himself touts this as a “NEW WORLD RECORD” ratio lift (calling it 6.65× bodyweight) and has branded it with hashtags like #DEMIGODMODE . The message is clear: it’s not just strength; it’s a statement – each successful gravity-defying rep seems to scream “I am unstoppable,” broadcasting across the internet like a thunderclap .

Unorthodox Training Philosophy: Eric Kim’s training methods often defy powerlifting orthodoxy, attracting both praise and critique. Rather than focus on standard competition lifts, he centers his training on rack pulls (partial deadlifts starting from the knees or higher) to handle maximal weights. Detractors call rack pulls “ego lifts,” arguing they have poor carry-over to real strength and full-range deadlifts . Legendary strength coach Jim Wendler, whom Kim cites, notes that extreme partial lifts “rarely carry over to the actual deadlift” . Nonetheless, Kim doubles down on this contrarian strategy: he argues that rack pulls can be superior for building strength quickly, smashing the myth of the conventional deadlift as the “king of lifts” . In his blog he acknowledges the controversial elements of his approach – from the dubious functional carry-over of rack pulls to the lack of official legitimacy since such lifts aren’t contested in meets – yet he frames these very quirks as part of his innovation.

Minimalist “Spartan” Style: A signature of Kim’s weightlifting is his minimalist, no-aids style. He shuns supportive gear like weight belts, lifting suits, or even shoes, opting for “just a dip belt, chalk, and raw willpower” when attempting lifts over 1,000 lb . This old-school warrior mindset – going into battle against gravity with no armor except one’s own hardened body – is core to his philosophy. Spectators note the risk (“beltless, un-suited approach at 1,071 lb risks serious injury,” critics warn) , but Kim embraces it as part of the challenge. He uses a mixed grip and chalk on heavy barbell pulls to forge mental toughness, treating each near-maximal attempt as a test of will . By adding small increments (as little as 2.5 lbs per side) every few days – a kaizen micro-loading progression – he reportedly catapulted his rack pull from 710 lb to beyond 1,038 lb within 18 months . This incremental approach, combined with an unwavering one-rep-max focus, exemplifies what he calls “one-rep-max living.” In his own words, he views each monster lift as “a philosophical act — a middle finger to doubt” that fuses stoicism with spectacle . In fact, Kim infuses heavy doses of philosophy (quoting Nietzsche, embracing Stoic ideals) into his training, so much so that he half-jokingly labels himself a “powerlifting philosopher” .

Viral Content and Hype: Beyond the raw feats of strength, Eric Kim has demonstrated savvy in presenting and marketing his lifts to a wide audience. He films his gym exploits in cinematic slow-motion with clouds of chalk exploding off the weights, and peppers them with meme-ready slogans and tags like #Hypelifting and #GodMode . This dramatic, entertainment-oriented approach has effectively created a new “micro-genre” of lifting content that commands social media algorithms and attracts a cult-like following . Every post is designed as a “tactical strike on the algorithm,” combining primal roars and intense visuals to make viewers stop scrolling in awe . The result: Kim’s physique and stunts have been “blowing up the internet,” as one article noted, with engagement and shares skyrocketing . For example, his legendary attempt to shoulder-carry 330-pound dumbbells at Gold’s Gym (famously known as the heaviest dumbbells there) gained viral attention and even local fame at the gym . By mid-2025, Kim’s strength antics had made him something of an online fitness personality – “the talk of the town” in the digital fitness world – not just for the lifts themselves but for the larger-than-life persona and philosophy he projects alongside them.

Fitness Projects and Community: Capitalizing on this momentum, Kim has hinted at turning his fitness passion into a community and business. He introduced an “EK FIT” initiative on his site, describing diet, health and fitness as a “new passion… actually an old passion” dating back to childhood . He even offers fitness consulting services, inviting interested followers to contact him via email for personalized advice or coaching . While much of his fitness content is freely available as open-source blogs, videos, and podcasts, these consulting services and his branded content indicate a venture into fitness entrepreneurship. All of this marks a notable evolution for someone who once was known purely as a photography blogger – Eric Kim has effectively rebranded himself as a modern-day strongman philosopher, blending weight-room exploits with intellectual and entrepreneurial ambitions.

Bitcoin and Cryptocurrency Involvement

Parallel to hoisting heavyweight in the gym, Eric Kim has also immersed himself in the world of Bitcoin and cryptocurrencies, often with equal intensity. He publicly credits Bitcoin with significant financial gains and life lessons. On his blog, Kim revealed that he managed to profit around $250,000 from crypto investments, though this windfall came with an existential twist – he wrote, “After making $250,000 in crypto: It doesn’t matter that much” . This statement reflects a personal philosophy that mere monetary success isn’t everything. Indeed, he emphasizes that true wealth is “your own personal creative thriving and blossoming” , a view consistent with his artist background. Nonetheless, Bitcoin clearly plays a major role in his life: he appends the Bitcoin symbol (₿) next to his name online, maintains a dedicated “ERIC KIM ₿” blog section, and produces daily content related to crypto trading, investment strategies, and macro insights.

Content Creation and Thought Leadership: Kim has become a prolific commentator on Bitcoin, sharing his thoughts via blog posts, podcasts, and videos. His podcast (simply titled “ERIC KIM” on platforms like Apple Podcasts and Spotify) is updated almost daily with bite-sized episodes blending technology, finance, and philosophy . Many episodes focus on Bitcoin – for example, “Why Bitcoin No Bitcoin No Life”, “Bitcoin is 99% Big Balls”, and “Why Bitcoin is My Moral Imperative” are recent titles . The tongue-in-cheek episode “Bitcoin is 99% Big Balls” suggests Kim’s view that success in crypto investing is less about technical know-how and more about bold courage and conviction (having the “big balls” to stomach volatility) . This macho phrasing mirrors the tone of his fitness content, again mixing bravado with insight. In another podcast installment, Kim outright declared “Bitcoin is life on steroids”, implying that Bitcoin can amplify one’s life or results in an almost superhuman way, much like anabolic steroids enhance physical performance (a provocative analogy connecting his two interests) .

On his blog, Kim often discusses Bitcoin in context of broader economic and ethical principles. He has written about Bitcoin for specific audiences – e.g. “Bitcoin for Photographers” and “Bitcoin for Investors” – indicating his aim to educate and persuade others in his circles. Perhaps most telling is Kim’s piece titled “Why Bitcoin is My Moral Imperative. Bitcoin is armor, MSTR is your spear. We the new cyber Spartans.” . In it, he argues that embracing Bitcoin is not just a financial decision but a moral stance, portraying Bitcoin as a form of personal armor in a corrupt financial world, and likening MicroStrategy (MSTR) stock to a spear. (MicroStrategy is the business intelligence company famous for holding billions in Bitcoin on its balance sheet; Kim is an avid follower and shareholder of MSTR.) He rallying-cries that “we [Bitcoin investors] are the new cyber Spartans” , an expression that perfectly encapsulates how he merges the language of battle, virtue, and ancient warrior culture (drawn from his fitness ethos) with his crypto advocacy.

Investment Strategy and Ventures: Unlike many casual crypto enthusiasts, Eric Kim dives deep into strategy and theory. He frequently references the moves of major institutional players – for instance, he closely followed Larry Fink’s statements on Bitcoin and discusses the significance of BlackRock and others potentially entering the Bitcoin market . Kim often emphasizes HODLing (long-term holding) and accumulating Bitcoin as opposed to short-term trading. His investment philosophy mirrors Stoic principles of patience and resilience: he advocates a “set it and forget it” approach to Bitcoin, focusing on long-term freedom and peace of mind rather than chasing quick gains . In line with this, Kim is a vocal proponent of MicroStrategy (MSTR) as a stock investment – essentially using traditional markets as a leveraged Bitcoin play . He explains that owning MSTR shares is a way to indirectly amplify one’s exposure to Bitcoin’s upside (since MSTR’s stock tends to magnify Bitcoin’s movements) . By his analysis, MicroStrategy’s value lies not only in the Bitcoin it holds but in its strategic vision of continually accumulating more, positioning the company as a “long-term player” and perhaps a future cornerstone of the crypto-financial world . This aligns with his belief in “Bitcoin as destiny” – a necessary asset for the future – hence calling Bitcoin investment his imperative.

While Kim’s Bitcoin activities are mostly about content and personal investment (he does not appear to run a separate crypto company or fund), he certainly treats it like a venture. He brands himself as a thought leader at the nexus of Bitcoin and philosophy, often citing luminaries and contrarians. (In one breath he muses, “Besides Nassim Taleb, am I the only powerlifting philosopher out there?” and then, “Am I the only Bitcoin investor, MSTR shareholder who can lift over 1000 pounds?” .) By positioning himself this way, Kim has carved out a niche as a social media personality who can speak about financial sovereignty and physical prowess in the same sentence. His Twitter/X account, which has over 20,000 followers, exemplifies this: one viral post of his in June 2025 read, “This is how it feels being levered long Bitcoin… 1,098 POUND RACK PULL at 165 POUNDS body weight (6.65× leverage)” . Accompanying the post was a video of his massive rack pull, directly equating the leverage ratio of his lift (weight lifted to bodyweight) with a high-leverage bet on Bitcoin. Such content not only entertains but also subtly advertises his dual credibility in both domains – effectively saying: trust the Bitcoin insights of a man who knows how to handle massive weight, both literally and figuratively.

It’s also worth noting that Kim’s entrepreneurial projects span these interests. He continues to sell books and products (through his Haptic Industries brand) and offers workshops, and one can infer he accepts payment from his global audience – likely open to crypto payments given his enthusiasm (though he primarily markets prices in dollars) . He has hinted at launching new ventures (for example, a “crypto strategy” e-book or an online course) but primarily his output has been in freely available content. In any case, Kim’s blending of business with Bitcoin is evident: he leverages his crypto success story as proof of concept for the ideas he sells (literally selling the lifestyle of financial and physical empowerment). He even references having gone “viral” not just for lifting but also in the context of crypto and uses that as social proof of his brand .

Bridging Fitness and Bitcoin: Cross-Pollination

What truly sets Eric Kim apart is how deliberately he intertwines his weightlifting lifestyle with his Bitcoin activities, finding philosophical and practical parallels between the two arenas. He often speaks of “iron sharpeners” and “Spartan mentality” in the same breath as “cyber Hornets” and “hodling Bitcoin”, merging the lexicon of gym culture with that of cryptocurrency. This cross-pollination is both rhetorical and substantive:

• Philosophical Overlaps: Kim draws explicit parallels between the discipline required in strength training and the mindset needed for successful investing. He asserts that the mental fortitude and patience to grind out incremental gains in the gym are akin to the stoic patience needed to hold Bitcoin through volatile markets . In a summary of his philosophy, one source noted: “He integrates philosophical concepts into his investment strategies… drawing parallels between the discipline required in weightlifting and the patience needed for long-term investments” . In other words, both endeavors reward conviction and the ability to endure short-term pain for long-term benefit. Kim’s personal mantra “No pain, no gain” applies as much to accumulating sats (satoshis) as to adding plates on the bar.
• “Cyber Spartan” Identity: Much of Kim’s crossover branding uses warrior and hero metaphors that apply to both domains. He invokes the image of ancient Spartans – famed for their physical prowess and ironclad mentality – to describe modern Bitcoiners who must be steadfast and brave. In his “moral imperative” post, he writes “Bitcoin is armor, MSTR is your spear. We the new cyber Spartans.” . Here he effectively casts the act of buying/holding Bitcoin as a battle for financial freedom, with himself and like-minded investors as a warrior clan. This mirrors his gym ethos where he forges his body as if preparing for war (recall that he likens his muscle gain to building “body armor” through hardship ). By calling Bitcoin armor, he suggests it protects one’s financial sovereignty; by calling the Bitcoin-heavy MicroStrategy stock a spear, he suggests it’s an offensive weapon in one’s portfolio. Such analogies resonate with fans who see strength and investing success as two sides of a conquering mentality. Kim often refers to this community as an overlapping tribe of “powerlifters, traders, photographers – all converging to worship the same pure spectacle of strength” , reinforcing that he perceives a unity of purpose across his interests.
• Social Media Crossover Content: Eric Kim uses his platforms to explicitly link fitness and crypto in entertaining ways. A striking example was his challenge to the community: “Besides Nassim Taleb (who deadlifts and writes), am I the only Bitcoin investor, MSTR shareholder who can lift over 1000 pounds? Join the 1,000 pound rack pull club.” . This call-to-arms (or rather, call-to-legs and back) playfully invites fellow Bitcoin enthusiasts to step up their gym game. It also reinforces Kim’s persona as perhaps the only person straddling both worlds at his level, coining himself a “powerlifting philosopher” and encouraging others to blend physical and financial strength. In another crossover post, as mentioned, he equated a highly leveraged Bitcoin position to the feeling of a 6.65× bodyweight lift, implicitly encouraging Bitcoin holders to strive for similarly outsized “gains” either in the gym or their portfolio . He has even quipped that “Bitcoin is the new steroids” – suggesting that embracing Bitcoin can enhance one’s life and performance with the potency that steroids (controversially) provide to athletes . All of these illustrate a consistent theme: Kim doesn’t compartmentalize his passions; he mashes them up to create a larger narrative of strength, risk, and reward.
• Lifestyle and Ideology: The cross-pollination extends to lifestyle choices and values. Kim advocates for a carnivorous diet (high red meat, no sugar/carbs) as part of his fitness regimen and connects it to authenticity in other realms. For instance, one of his provocative blog post titles reads: “Only trust 100% carnivore investors… we are the only ones who ain’t no fake show” . This suggests he sees a through-line between the purity/discipline of one’s diet and the integrity of one’s investing philosophy. It’s an almost Nietzschean “will to power” outlook: those who can stick to eating only meat (no indulgent processed foods) are the same kind of people who will have steel nerves in holding Bitcoin – in Kim’s view, they are real and not “fake show.” He also espouses an anti-materialistic, anti-mainstream ethos in both fields: just as he rejects fancy gym machines for basic barbells , he distrusts mainstream financial advice and fiat-centric thinking, favoring Bitcoin’s decentralized, hardcore ethos. This convergence of fitness, diet, and crypto forms a singular personal philosophy that Kim passionately shares with his audience.
• Community and Engagement: By blending these domains, Kim has created an engaged following that might have initially come for one interest but gets exposure to the other. A weightlifting enthusiast stumbling on his #Hypelifting videos will also hear him talking about Bitcoin to the camera; conversely, a crypto podcast listener will find him making analogies to deadlifts and protein diets. He often uses humor and memes to make the crossover accessible. For example, he tags posts with things like #MiddleFingerToGravity (for lifting) and in the same breath talks about giving a middle finger to fiat currency – encouraging a kind of countercultural pride in both arenas . According to his own breakdown, this “meme infrastructure” of hashtags spawns mini-tribes and hype cycles that feed into each other . The cross-tribe collision is very much intentional: Kim celebrates that the “iron game meets crypto game” as lifters and traders find common inspiration in his content . To him, a monumental lift and a bold Bitcoin move are both demonstrations of willpower overcoming limitations. As one of his write-ups dramatically put it, “any barrier—physical, mental, or market-based—can be pulverized with enough conviction” . This motto encapsulates the synergy he sees between breaking PRs (personal records) in the gym and breaking new ground in financial freedom via Bitcoin.

In summary, Eric Kim’s public persona and projects have increasingly sat at the crossroads of fitness and cryptocurrency. He has managed to create a narrative where lifting heavy weights and “stacking sats” (acquiring Bitcoin) are two expressions of the same core values: strength, independence, and self-determination. Whether he’s hoisting a 1000+ pound barbell or making a six-figure crypto trade, Kim approaches it with a similar swagger and philosophical lens. This unique blend has led to media content that is at times entertainingly bizarre – such as gritty gym footage captioned with Bitcoin analogies – but it clearly resonates with a segment of his audience who share passions for personal health and financial sovereignty. While still an unconventional pairing, the cross-pollination of weightlifting and Bitcoin in Eric Kim’s life illustrates how personal branding can bridge seemingly unrelated fields through consistent values and messaging.

Notable Projects and Appearances Linking Both Fields

Eric Kim’s journey has spawned several notable projects, media appearances, and social media highlights that tie together his fitness and crypto interests:

• Personal Blog and Open-Source Writings: Kim’s primary outlet is his blog (on erickimphotography.com and erickim.com), where he publishes articles that often weave between topics. Posts like “The Ideal Physiology of the Investor” and “Bitcoin Weight Lifter” explicitly unite the themes, discussing what an investor’s body and lifestyle should be, and even sharing videos titled “Bitcoin Weight Lifter” for motivation . All his posts are provided free (he champions an “all open source everything” approach) but they double as marketing for his ideas and ethos.
• Podcast and Video Series: On his podcast, Kim regularly releases episodes that reference both weightlifting and Bitcoin. For example, an episode in May 2025 titled “1,000 POUND ATLAS LIFT BREAKS THE INTERNET” describes a strongman feat and then muses “Besides Nassim Taleb, am I the only powerlifting philosopher out there?”, immediately seguing into Bitcoin by asking if he’s the only Bitcoin investor who can lift that much . In a segment called “How I Lifted 6.6× My Bodyweight”, he not only details the training but frames it as exploring “the limits of the human body” – tying into a mindset of exploring limits in other domains too . Kim has also produced short YouTube videos with titles like “Bitcoin is the New Steroids” and “Money & Bitcoin”, where he appears on camera often in gym attire, talking about economics and lifting interchangeably . These multimedia efforts have the style of motivational clips, likely aimed at inspiring followers in both their financial and fitness goals.
• Social Media Posts: On Twitter (X) and other platforms, Kim’s notable posts include the viral 1098 lb rack pull leverage analogy tweet and various pronouncements merging the two worlds (such as declaring “Bitcoin will last forever but your body will not – so train it while you can” – a paraphrase of his musings about mortality and Bitcoin ). He also occasionally engages with figures in both communities; for instance, tagging MicroStrategy or Michael Saylor when discussing Bitcoin leverage, or using weightlifting clips as replies in crypto discussions to make a point about strength and conviction. While not a mainstream celebrity, Kim’s consistent cross-domain presence has earned him podcast guest spots in niche circles – he’s been discussed on photography forums, mentioned on Reddit for his crypto and lifting focus , and his content gets shared among Bitcoin enthusiasts who enjoy his gym analogies.
• Public Challenge Initiatives: As mentioned, Kim informally launched the idea of a “1,000 Pound Rack Pull Club” for fellow Bitcoin holders . This isn’t a formal organization, but a social challenge he floated to encourage others to post their big lifts if they want to claim the title of being both a serious lifter and investor. Similarly, he often refers to “joining the 6× bodyweight club” or “Spartan investor guild”, blurring the line between a fitness challenge and a crypto insiders’ club. While these may be largely tongue-in-cheek, they serve to strengthen the crossover community identity he’s cultivating.
• Interviews and Media Coverage: To date, most coverage of Eric Kim’s dual pursuits comes from his own platforms or community chatter rather than traditional media profiles. He has not been profiled in major fitness magazines or crypto news outlets yet, but his content has circulated widely enough to prompt discussions. For example, fellow photographers and bloggers have remarked on his drastic shift in content focus – noting that he “talks about crypto, and ego lifts weights” nowadays . There is also anecdotal evidence that his weightlifting PRs have been noticed in gym circles (local powerlifters witnessing his gym feats, etc.) and his Bitcoin opinions have been retweeted within the crypto Twitter space. If Kim continues on this trajectory, it’s conceivable he could appear on a niche podcast or YouTube show about biohacking or crypto lifestyle in the future, as he embodies both.

In conclusion, Eric Kim stands out as a modern renaissance personality who blends physical strength, financial acumen, and philosophical reflection into a singular public narrative. His involvement in weightlifting has yielded both impressive performances (like record-level rack pulls) and a torrent of motivational fitness content. Simultaneously, his involvement in Bitcoin has produced a rich stream of investment commentary, personal success stories, and theoretical musings on freedom and risk. Most interesting is how these two threads reinforce each other in Kim’s life: he uses Bitcoin metaphors to push his lifting further, and uses his lifting as a metaphor for conquering Bitcoin’s challenges. Through public projects, social media posts, and his personal brand, Eric Kim illustrates an unusual but compelling intersection between the gym and the blockchain, inspiring others to pursue greatness in both arenas with equal passion and fearlessness.

Sources:

• Eric Kim, “Why Eric Kim’s Weightlifting Approach Is Both Controversial and Innovative” – ERIC KIM ₿ Blog, May 29, 2025 . (Details Kim’s heavy rack pull training, criticism from traditional coaches, and his philosophy of no-belt, high-intensity lifting coupled with viral hype.)
• Eric Kim, Home – erickim.com, retrieved 2025 . (Personal notes on making $250k from crypto, interest in strongman-style weightlifting, and announcement of EK FIT fitness consulting.)
• Reddit – r/photography, thread “Eric Kim & Dante Sisofo,” 2023 . (Community commentary on Eric Kim’s shift to crypto and weightlifting content.)
• Eric Kim, “Eric Kim’s physique is blowing up the Internet” – ERIC KIM Blog, 2025 . (Describes Kim’s 6.6× bodyweight (493 kg at 75 kg) rack pull, viral reception, and his beltless “body armor” training ethos.)
• Eric Kim, Podcast on Apple Podcasts, episode listings (June 2025) . (Episode titles and descriptions, including “Why Bitcoin is my moral imperative. Bitcoin is armor, MSTR is your spear. We the new cyber Spartans” and Kim’s claim of being perhaps the only Bitcoin investor who can lift 1000+ lbs.)
• “ERIC KIM: MSTR x Bitcoin x Philosophy” – EricKim.com article, 2024 . (Summarizes Kim’s views on MicroStrategy as a leveraged Bitcoin play and how he parallels weightlifting discipline with long-term investing discipline.)
• Eric Kim, Twitter post (@erickimphoto on X), June 2025 . (Tweet analogizing a 1,098 lb rack pull at 165 lb BW (6.65×) to being levered long on Bitcoin, highlighting Kim’s habit of mixing financial and fitness metaphors.)
• Eric Kim, “Bitcoin is Life on Steroids” – Spotify podcast transcript, 2025 . (Kim discusses the “cross-tribe collision” of the iron game and crypto game, asserting that any barrier – physical or market-based – can be smashed with enough conviction.)
• Eric Kim, “Only trust 100% carnivore investors…” – ERIC KIM ₿ Blog, June 6, 2025 . (An example of Kim linking diet/fitness extremism to investor authenticity, part of his holistic philosophy merging health and wealth.)

Eric Kim just drop-kicked the scene again—here’s the freshest shock waves rocking the photo world.

⚡ Shock Wave	WHAT HAPPENED	WHY PEOPLE ARE FREAKING OUT
1. “Global Impact” Manifesto	On 4 June 2025 Kim published a 5-k word megapost laying out his decade-long influence, open-source credo, and new mission to “democratize fearless seeing.”	Overnight it became the most shared link on r/StreetPhotography this month and reignited old debates about whether free knowledge cannibalizes workshops.
2. STREET HUNT Re-Launch	April’s updated workbook—Street Hunt: Field Assignments 2025—blitzed Amazon’s “Photography Techniques” top-10 within 48 h.	Instructors on Discord now assign it like homework, and #StreetHuntChallenge hashtags popped up in 18 cities last week alone.
3. $5 K Workshop Sticker-Shock	A Reddit “Whatever happened to…?” thread roasted Kim after screenshots of a $5,000 / 3-day NYC workshop leaked.	Some call it visionary premium mentoring, others scream cash-grab. The flame-war pushed the post to Reddit front-page for Arts, proving his name still magnetizes eyeballs.
4. LUMIX S9 + 26 mm f/8 Rave-Review	Kim’s “This lens is f*cking AMAZING!” headline (Sept 2024) detonated gear forums and spiked Google searches for the pancake lens by 420 %.	Purists praise his swaggering defense of manual-focus minimalism; critics grumble it’s clickbait—but the page views keep climbing.
5. ARSBETA 2.0 (AI Critique Heat-Map)	March blog post teased an AI-powered relaunch that auto-maps hotspots inside your frame and gives composition grades.	Beta testers leaked screenshots; educators predict it could replace Instagram feedback loops with actual critique.
6. “Provoking = Virtuous” Essay	Kim’s late-2024 rant argued confrontation is the soul of street work and ethical hand-wringing is “creative castration.”	Sparked a 200-comment ethics brawl on Petapixel and got quoted in three university photo-journalism syllabi this spring.

🔥 TAKE-AWAYS (Use or Lose)

1. Visibility is a Weapon. Kim’s rapid-fire publishing cycle keeps him in every feed; match that cadence if you crave mind-share.
2. Own Your Platform. He funnels buzz back to his blog, not third-party apps—control the driveway where the traffic lands.
3. Polarization = Free Marketing. Love or hate sells better than lukewarm praise; don’t fear the comment-storm.
4. Ship Tools, Not Just Takes. The ARSBETA 2.0 teaser shows that building infrastructure (critiques, workbooks) seeds long-term influence.
5. Ethics Debates Drive Clicks. A well-timed philosophical grenade (“Is street photography unethical?”) still crushes SEO—deploy sparingly but tactically.

Bottom line: the photo blogger once dismissed as “just a workshop guy” has morphed into a perpetual hype-engine. Whether you’re a fan or a skeptic, Kim’s carpet-bomb strategy keeps rewriting the attention physics of street photography. Stay frosty, keep your finger on the shutter, and ride the blast wave. 💥

🔥 The 1-Tweet-to-Rule-Them-All Manifesto 🔥

(100 % Carnivore Edition, straight from the ERIC KIM war-room)

⚡️ TL;DR – WHY I’M 100 % CARNIVORE

• Apex Nutrition: Steak, liver, marrow—pure rocket fuel for mind & muscle.
• One Meal to Rule Them All: OMAD keeps me laser-focused all day, then I feast like a lion.
• Zero Carb, Zero Drama: Goodbye sugar crashes, hello infinite energy.
• All-Natty Power: 498 kg rack pull—no steroids, no protein powder, just meat.
• Simplicity = Freedom: Salt + cast-iron + fire. Everything else is corporate noise.

🥩 7 HARDCORE REASONS TO DUMP THE PLANTS

1. Plants are for cows. Let the cow do the photosynthesis—you eat the cow.
2. Cholesterol = Natural Steroid. More steak ➜ higher testosterone ➜ god-mode gains.
3. Fiber? Overrated. My digestion is cleaner than your salad spinner.
4. Mental Clarity on Beast-Mode. Fasted brain ≫ carb-fog brain.
5. Zero-Inflammation Life. Ditch seed-oil sludge; watch aches vanish.
6. Time Rich, Decision Poor. One savage meal frees 10,000 mental cycles for art, biz, world-domination.
7. Epic Joy per Bite. Break a 24-hour fast with a rib-eye… dopamine nuclear bomb.

🚀 HOW TO GO FULL CARNIVORE (THE 24-HOUR CHALLENGE)

1. Buy a fattie steak (rib-eye > life).
2. Salt. That’s it—no balsamic drizzle, Karen.
3. Sear on cast-iron till crust = Maillard nirvana.
4. Rest. Slice. Devour. Feel the primal goosebumps.
5. Repeat tomorrow. Congratulations: you’re now 1 % stronger, 100 % freer.

💣 MYTH-SMASHING MINI FAQ

• “But vitamin C!” Liver’s got you covered.
• “Heart attack?” Show me the data; I’ll show you my bloodwork & 50-inch chest.
• “What about the planet?” Thriving humans build cleaner tech; malnourished soy-slaves don’t invent squat.

🏆 CALL TO ACTION

• Step into the arena: #AllMeatNoDefeat
• Post your steak-flex: Tag @ERIC KIM so I can hype you up.
• Unsubscribe from mediocrity: Toss the kale, torch the tofu, lift something HEAVY.

Eat meat. Lift heavy. Think epic.

The world needs fewer complainers and more CARNIVORE CONQUERORS.

Are you in, or are you salad?

🔥 The 1-Tweet-to-Rule-Them-All Manifesto 🔥

(100 % Carnivore Edition, straight from the ERIC KIM war-room)

⚡️ TL;DR – WHY I’M 100 % CARNIVORE

• Apex Nutrition: Steak, liver, marrow—pure rocket fuel for mind & muscle.
• One Meal to Rule Them All: OMAD keeps me laser-focused all day, then I feast like a lion.
• Zero Carb, Zero Drama: Goodbye sugar crashes, hello infinite energy.
• All-Natty Power: 498 kg rack pull—no steroids, no protein powder, just meat.
• Simplicity = Freedom: Salt + cast-iron + fire. Everything else is corporate noise.

🥩 7 HARDCORE REASONS TO DUMP THE PLANTS

1. Plants are for cows. Let the cow do the photosynthesis—you eat the cow.
2. Cholesterol = Natural Steroid. More steak ➜ higher testosterone ➜ god-mode gains.
3. Fiber? Overrated. My digestion is cleaner than your salad spinner.
4. Mental Clarity on Beast-Mode. Fasted brain ≫ carb-fog brain.
5. Zero-Inflammation Life. Ditch seed-oil sludge; watch aches vanish.
6. Time Rich, Decision Poor. One savage meal frees 10,000 mental cycles for art, biz, world-domination.
7. Epic Joy per Bite. Break a 24-hour fast with a rib-eye… dopamine nuclear bomb.

🚀 HOW TO GO FULL CARNIVORE (THE 24-HOUR CHALLENGE)

1. Buy a fattie steak (rib-eye > life).
2. Salt. That’s it—no balsamic drizzle, Karen.
3. Sear on cast-iron till crust = Maillard nirvana.
4. Rest. Slice. Devour. Feel the primal goosebumps.
5. Repeat tomorrow. Congratulations: you’re now 1 % stronger, 100 % freer.

💣 MYTH-SMASHING MINI FAQ

• “But vitamin C!” Liver’s got you covered.
• “Heart attack?” Show me the data; I’ll show you my bloodwork & 50-inch chest.
• “What about the planet?” Thriving humans build cleaner tech; malnourished soy-slaves don’t invent squat.

🏆 CALL TO ACTION

• Step into the arena: #AllMeatNoDefeat
• Post your steak-flex: Tag @ERIC KIM so I can hype you up.
• Unsubscribe from mediocrity: Toss the kale, torch the tofu, lift something HEAVY.

Eat meat. Lift heavy. Think epic.

The world needs fewer complainers and more CARNIVORE CONQUERORS.

Are you in, or are you salad?

Eric Kim – a photographer and blogger known for his contrarian lifestyle ideas – is a vocal proponent of a 100% carnivore diet, meaning he eats exclusively animal-derived foods (primarily red meat and organ meats) while avoiding virtually all plant foods. Kim has integrated this meat-only diet with intermittent fasting, typically eating one large meal per day, and he frames it as part of a broader personal philosophy of health, productivity, and self-discipline . Below is a comprehensive look at Kim’s carnivore diet principles, his rationale and motivations, the public statements he’s made about it, and how he compares it to other dietary approaches.

Core Tenets of Kim’s Carnivore Diet

A thick steak seasoned with herbs – a typical example of the meat-centric meals in the carnivore diet.

• All-Meat Intake: Kim’s diet is composed entirely of animal products, especially fatty red meats and organ meats like beef liver, heart, and ribs . He eliminates all vegetables, fruits, grains, and sugars, famously quipping that “plants are for cows,” not for humans . Even relatively lean or traditionally healthy foods such as fish, chicken, or nuts are deemed unnecessary in his view – he considers true “meat” to be the fatty portions of ruminant animals, rich in cholesterol and nutrients . Eggs and high-fat cuts of pork (e.g. pork belly or ribs) are included, and he sometimes adds fermented condiments like kimchi or herbs, not for their own nutritional value but to help digest large quantities of meat (the sour/bitter flavors cut the richness) .
• Organ Meats and Fat as “Apex Nutrition”: A cornerstone of Kim’s approach is consuming organ meats and high-fat animal foods for maximum nutrition. He argues that organ meats are nutrient powerhouses crucial to his diet. For example, Kim calls beef liver a “natural steroid” because of its extremely high cholesterol content – believing that more dietary cholesterol directly boosts testosterone and vitality . He routinely eats beef liver, heart, bone marrow, and even intestine or neck-bones, touting them as the foods that let him “extract the maximum amount of power and nutrition” from his diet . In his words, meat (especially organ meat) is the “apex nutrition” for achieving superior strength, energy, and even mental clarity .
• Intermittent Fasting (One Meal a Day): Kim pairs carnivore eating with an intermittent fasting regimen. He skips breakfast and lunch entirely, consuming just one enormous meat-heavy meal in the evening . This one-meal-a-day (OMAD) schedule, he says, has been easy and sustainable for him – he claims to have eaten this way for 5+ years without hunger issues . Fasting during the day not only frees up time and focus, in his view, but also keeps his body in a fat-burning state. He notes that eating only once daily (often after a day of physical training) makes that meal immensely satisfying: “Breaking your fast when you are insanely hungry is like an orgasm… The food tastes 10000000x better than if you are eating all the time!” he wrote, describing how fasting amplifies the pleasure of eating . Kim also credits this routine with helping maintain low body fat and stable energy levels, as his body fuels itself on fats in the absence of constant meals .
• No Carbohydrates or Supplements: In line with carnivore principles, Kim’s diet has virtually zero carbs. He deliberately avoids all sugars and starches and even forgoes plant-based “keto” staples like avocados or almonds (calling avocados “actually quite sweet” and nuts too starchy) . He takes no protein shakes or workout supplements either – only real meat. After experimenting with conventional bodybuilding nutrition earlier in life, he concluded that he could gain muscle “just fine” with no carbs or protein powder at all . In his experience, eating a surplus of fatty meat provides enough protein and calories for strength training. Kim even abstains from common stimulants or enhancers beyond caffeine: he drinks black coffee but avoids pre-workout supplements, creatine, or any performance-enhancing drugs, aligning with his ideal of “natural strength” built on diet and discipline .

Kim’s Motivation and Rationale

Peak Physical Performance: A driving motive behind Kim’s carnivore diet is maximizing strength and testosterone naturally. He explicitly equates eating meat with a natural anabolic boost, stating that “Meat is a steroid… The more you eat meat, the more you increase your testosterone.” . By prioritizing cholesterol-rich animal fat and protein, Kim believes he’s giving his body the raw materials for hormone production and muscle-building. He often highlights his personal results as evidence: for instance, Kim reports that on this diet he has deadlifted over 500 lbs easily in a fasted state, and put on significant muscle mass – all while consuming no carbs at all . He rejects the common notion that athletes “must” eat carbohydrates for energy or bulking, pointing to himself as proof that strength can be built on an all-meat, ketogenic fuel source . In his view, “the more meat you eat, the stronger you will become,” and he notes that almost all top bodybuilders (aside from their steroid use) have traditionally been heavy meat-eaters . Thus, he sees carnivore nutrition as giving an “additional edge” for reaching peak levels of physiological fitness .

Health, Energy, and Vitality: Kim portrays his carnivore lifestyle as a path not just to strength but to overall health and vitality. He frequently counters skeptics by asserting that he feels better than ever eating this way. For example, he writes that his digestion is excellent on an all-meat regimen, calling the supposed need for fiber overrated . Despite consuming zero fiber, he reports no gastrointestinal issues. Likewise, he says his daily energy levels are high and steady, even with only one meal per day, and that intermittent fasting on meat has been “easy” for him in the long term . Kim argues that humans are fully capable of thriving without plant foods: “You will not die by eating only meat,” he insists, addressing the common concern that an all-meat diet lacks essential nutrients . In his writings, he acknowledges that technically a person “won’t die” on various diets (even a strict vegan diet), but he then asks: is the goal merely to not die, or to thrive? . For Kim, the answer is to thrive, and he believes a carnivorous diet enables a level of robust health, strength, and metabolic efficiency that plant-inclusive diets do not. He credits the diet with helping him reduce body fat and increase muscle, “giving me more energy and power” than any other way of eating he’s tried .

Mental Clarity and Productivity: Interestingly, Kim links his diet to mental performance and creativity as well. He refers to meat as the fuel for an “epic” mind. “By consuming more meat (which I consider the apex nutrition), then can we think more epic thoughts, create more beautiful artworks, and become more epic!” he posits . This belief is part of his broader argument that physical supremacy through diet also yields mental benefits – sharper focus, higher drive, and creative inspiration. Kim finds that training and working in a fasted state (powered by fat from yesterday’s meat) makes him more productive and mentally acute during the day . Hunger, he argues, can be a motivator (“like a lion hunting for its meal”), and then eating a huge evening steak feast provides a rewarding dopamine hit that leaves him deeply satisfied and ready for rest . He even suggests that if one eats a meat-rich diet, one’s mind will be clearer and capable of more profound thoughts than if one were sluggish from a carb-heavy or plant-based diet. Essentially, Kim views his carnivore diet as brain fuel for entrepreneurial and creative endeavors, not just fuel for muscles . This ties into the next aspect of his philosophy – the lifestyle and philosophical principles behind his dietary choice.

Philosophical and Lifestyle Foundations

Kim’s advocacy of a 100% carnivore diet goes beyond nutrition – it’s intertwined with his personal philosophy about nature, freedom, and self-mastery:

• “Apex Predator” Mindset: Kim often invokes evolutionary and ancestral logic to justify meat-exclusive eating. He argues that humans evolved to be opportunistic carnivores/omnivores, and that eating abundant meat is in line with our natural design for survival and dominance . In his view, Homo sapiens didn’t evolve to subsist on salads; rather, our ancestors thrived by hunting animals and consuming nutrient-dense meat and fat whenever possible. He even notes that in many traditional societies, fatty meat is culturally valued, whereas lean meats or plant foods are secondary . This evolutionary perspective leads him to reject the idea that there is anything “unnatural” about an all-meat diet. We can survive on many diets, he concedes, but to reach our peak potential – “to reach another peak level of physiological fitness” and capability – he believes eating like a apex predator (high on the food chain) is optimal . Ultimately, Kim calls meat-eating “the fundamental part of human dietary evolution” and views meat as “the apex nutrition” that can fuel not only physical strength but human advancement in general .
• Personal Freedom and Anti-Conformity: A recurring theme in Kim’s writing is dietary freedom – the right to eat meat unapologetically despite social pressures. He has openly railed against what he labels an “anti-meat bias” in modern society . In a 2020 podcast titled “The Anti-Meat Conspiracy,” Kim argued that contemporary culture unfairly demonizes carnivores: “One of the worst ills in modern society is this vehement anti-meat bias,” he wrote, noting that if you proudly declare “I love to eat meat!” in polite company, people look at you as if you’re a monster “killing the planet” . He perceives a trend where being vegetarian or vegan is seen as morally superior, and he pointedly rejects that moral framing. Kim encourages meat-eaters not to feel guilt or shame. “If people want to eat meat, they should be allowed to eat meat in unlimited quantities, without being judged by others for doing so,” he insists . This stance is part of his broader contrarian ethos – he often warns against blindly following popular “food dogma” or health trends, urging individuals to question mainstream nutritional advice and think for themselves . Kim applies this skepticism to all sides: he suggests people be critical even of his own claims, but he shares his perspective because it has genuinely worked for him . In essence, his carnivore philosophy doubles as a statement of individual autonomy: an assertion that one should have the liberty to follow an unconventional diet that feels optimal, regardless of societal norms.
• Stoicism, Discipline, and Strength: Kim’s diet is one facet of a larger stoic lifestyle he promotes, emphasizing discipline, resilience, and harnessing primal instincts. He speaks of treating his body “as a work of art” and exercising self-mastery in all aspects – diet, exercise, and even mindset . Eating only meat and fasting requires a certain mental toughness, and Kim embraces that. He frequently references Spartan or “warrior” metaphors: for example, training fasted and abstaining from indulgences as a way to toughen the mind and body. He sees challenges (like intense hunger or tough workouts) as opportunities to strengthen his willpower . This philosophy extends to rejecting modern comforts or vices – Kim doesn’t drink alcohol or soft drinks, avoids junk food, and even shuns things like sugary condiments (not just for health, but as a practice of discipline). The carnivore diet, being very minimalistic and stringent by conventional standards, aligns with his stoic approach: it’s simple (just meat), it’s demanding (no snacks or treats), and it yields what he views as pure, natural strength. Kim proudly notes that he achieves his muscular physique “all natty” (all natural) without steroids or even protein supplements, attributing it to hard training and meat alone . In summary, eating 100% carnivore for Kim is as much a lifestyle choice about strength and character as it is a nutritional strategy.
• Ethics and “Human-Centered” Morality: On the ethical front, Kim takes a clear stance that human well-being takes precedence over animal life. He does not subscribe to the idea that killing animals for food is immoral in the context of human benefit. In a blunt phrasing, he stated: “No matter what, a human life will ALWAYS be infinitely superior to an animal life of any kind.” . He even posed the rhetorical question, “Should we treat animals equivalently to humans?” and answered it with “I say no” . While he doesn’t advocate cruelty, he fundamentally disagrees with vegan ethical arguments that put animal life on the same moral plane as humans. Kim also expresses skepticism toward the environmental arguments against meat. He suspects that influential figures (he calls out people like Bill Gates and James Cameron) promote plant-based diets or alternative proteins for ulterior motives, what he dubs a “hidden” agenda or “virtue signaling” that might mask profit incentives (for example, investments in pea protein or farmland) . In his “Anti-Meat Conspiracy” essay, he implies that the push to reduce meat consumption is a propaganda that could actually harm public health by denying people optimal nutrition . He goes so far as to label the growing popularity of veganism as a “public health issue” if it leads to malnourishment in children raised without animal foods . This controversial stance underlines that, for Kim, the benefits of meat are non-negotiable – ethical or environmental qualms should not override what he perceives as better health for humans. (He often points out that virtually all human activities have some environmental cost, and eating meat is just one of many things people do in the course of living on the planet .)

Public Statements and Content on Carnivore Diet

Eric Kim has been extremely open about his carnivore diet in his online platforms, often sharing personal anecdotes, experiments, and bold statements to spread his philosophy:

• Blog Articles: Kim’s primary outlet is his blog (previously on erickimphotography.com and also on erickim.com), where he has published numerous posts about meat eating. Some of his article titles are provocative and encapsulate his stance, such as “Why I Eat Meat,” “Meat is King,” “Eating Meat Doesn’t Make You Fat,” and “The More Meat You Eat, the Stronger You Will Become.” . In an August 2022 post simply titled “100% Carnivore Diet,” Kim recounted his personal experience and conclusions from embracing all-meat eating. He noted point by point that his digestion was fine without fiber, his energy was excellent with one meat meal a day, and that he’d been able to gain muscle and lift heavy weights for years with zero carbs . He even began that post by debunking a common fear: he asked rhetorically “But will you die of a heart attack?” on a meat diet, implying that he believes the answer is no (though the post didn’t elaborate much under that heading) . Across his writings, Kim keeps returning to the theme that eating only meat is not harmful – a message to encourage readers to not fear saturated fat or cholesterol. For instance, one blog entry flatly assures readers: “You will not die by eating only meat.” .
• Podcasts and Videos: Kim has also discussed his carnivore philosophy in audio and video formats. He hosted a podcast episode titled “The Anti-Meat Conspiracy” (August 25, 2020) in which he spoke for ~10 minutes about society’s bias against meat and why he believes that bias is misplaced . In that podcast (and its corresponding blog notes), he “praised meat” as a crucial part of human diet and vented about how proclaiming one’s love of meat has become socially taboo . Additionally, Kim shares casual videos; for example, a YouTube video called “100% Carnivore Diet – All Natty Flex” (October 2023) shows him shirtless and muscular in his kitchen, presumably to demonstrate the physical results of his diet and training (the blog page for this video is filled with photos of his physique and plates of meat) . Through such content, he often uses himself as an example to inspire or challenge others – essentially saying, “This is what’s possible with an all-meat diet and no steroids.” Kim’s online presence also blends other interests (like photography, philosophy, and Bitcoin) with his diet advice, but he consistently returns to carnivore eating as a foundation for his lifestyle.
• Notable Quotes: Throughout Kim’s articles and posts, a number of catchphrases or recurring claims sum up his carnivore philosophy. A few examples in his own words:
  
  • “Plants are for cows.” – Emphasizing that humans don’t need to eat grass or leaves, and that we should let herbivorous animals turn plants into meat for us .
  • “Meat is the apex nutrition.” – Suggesting that meat is the top-tier food for humans, delivering superior nourishment compared to anything else .
  • “Cholesterol (meat) is a steroid.” – Arguing that cholesterol from meat acts like a natural anabolic steroid in the body (since cholesterol is the building block for testosterone and other hormones) .
  • “Eating meat doesn’t make you fat.” – Countering the idea that red meat or animal fat is responsible for obesity; Kim blames sugars and processed carbs for weight gain, not steak.
  • “If you’re vegetarian or vegan, it kind of messes up your brain.” – A controversial remark where Kim half-jokingly suggests that plant-based diets may impair clear thinking . This reflects his anecdotal observation that many people he’s met who avoid meat also hold perspectives he deems impractical (he even linked one acquaintance’s anti-meat diet with that person’s skepticism about Bitcoin, implying a pattern he distrusts) .
• 
  These quotes illustrate how Kim often provokes debate. He does not shy away from blunt assertions that favor meat and dismiss plant-based ideals. By coining such phrases, he makes his position memorable and clear to his audience.

Comparisons to Other Diets and Criticisms

Carnivore vs. Other Low-Carb Diets: Kim generally aligns with the broader low-carb, high-fat school of thought, but he takes it to an extreme by excluding plants entirely. He has explicitly compared a carnivore diet to the ketogenic diet. While acknowledging that keto (high fat, very low carb with moderate protein) can be effective for fat loss, Kim argues that carnivore is even more effective . The key difference, he says, is that classic keto still entertains plant foods and aims for a delicate macronutrient balance, whereas carnivore is both high-fat and high-protein with no concern for carb intake at all (carbs are essentially zero) . He criticizes concepts like “net carbs” (used in keto circles to discount fiber carbs) as “nonsensical… just a way for corporations and individuals to try to game the system.” In Kim’s view, counting carbs or calories is unnecessary if one’s diet is pure meat; the body will naturally regulate appetite and burn fat. He even chides keto dieters who load up on things like avocados, almonds, or artificial sweeteners – in his experience, cutting all that out in favor of just meat yields better results and simplicity .

Critique of Plant-Based Diets: Kim is an outspoken opponent of veganism and even moderated vegetarianism when it comes to health. As noted, he believes plant-exclusive diets cannot support optimal human thriving and may lead to nutrient deficiencies. He often points out that meat provides certain nutrients (B vitamins, heme iron, cholesterol, omega-3 fats, etc.) in forms that plants cannot. One of his gravest concerns is the impact on children: “If parents and kids are getting suckered into becoming vegan… this is a huge public health issue,” Kim writes, warning of “under-nourished future children.” He argues that well-meaning but misinformed parents might deprive their kids of essential nutrition during critical growth years by following vegan trends. This strong stance is born from both his interpretation of nutritional science and his personal anecdotal journey (he recalls that as a child, he himself suffered from a bad diet of sugary, processed foods and had to learn the hard way about proper nutrition) . Kim’s skepticism extends to vegetarians and “plant-based” dieters too – he humorously suggests that avoiding meat might cloud one’s thinking or convictions . In a recent tongue-in-cheek blog post titled “Don’t trust vegetarians or vegans,” he shared an anecdote of a person whose judgment he doubted, linking it to that person’s vegetarian diet, and concluded facetiously, “Only trust 100% carnivore investors… we are the only ones who ain’t no fake show.” . While clearly an exaggeration, it underscores how strongly Kim champions meat as a cornerstone of not just health but even character and credibility.

Common Criticisms of Carnivore Diet (and Kim’s Responses): Outside of Kim’s own sphere, the carnivore diet is highly controversial. Mainstream nutrition experts often raise concerns about entirely cutting out fruits, vegetables, and fiber. Critics argue that an all-meat diet may lead to deficiencies in certain vitamins (like vitamin C or folate), lack fiber for gut health, and could raise LDL cholesterol to unhealthy levels given the high saturated fat intake. Kim is aware of these critiques and addresses them in his content, usually to dismiss them based on his personal results and some evolutionary logic:

• Nutrient Deficiencies: Kim contends that meat (especially organ meat) covers human nutritional needs comprehensively. He points to traditional cultures (e.g. Arctic Inuit or Plains Native Americans) that lived on mostly meat and were healthy. He personally reports excellent bloodwork (though specifics are rarely cited) and highlights the rich vitamin and mineral content of liver, heart, and eggs which he eats regularly. In short, he argues you can get “all the nutrients you need from meat alone” and calls fears of scurvy or deficiency unfounded if one includes organ meats and occasional herbs/ferments for micronutrients. His stance: nutrient density of meat > diversity of plant foods.
• Fiber and Digestion: Contrary to conventional advice that fiber is necessary for digestion, Kim says his digestion is better without fiber. He has described his gut function on carnivore as very regular and “fine,” whereas previously (on carb diets) he experienced more bloating or indigestion . He labels fiber needs “overhyped” and believes that human digestive systems can adapt to very low fiber just as carnivorous animals’ systems do.
• Cholesterol and Heart Health: Kim does not believe that eating red meat and animal fat will ruin his heart health. In fact, he embraces high cholesterol intake – as noted, he calls cholesterol beneficial and necessary for hormones. He cites the view (held by some low-carb researchers) that dietary cholesterol and saturated fat are not inherently dangerous in the context of low carbohydrate intake. His quip that “cholesterol is a steroid” hints at his belief that cholesterol from meat is more friend than foe. While Kim hasn’t published his own long-term heart data, he often alludes to feeling cardiovascularly fit (e.g., he does intense workouts and endurance hikes with no issues). Essentially, he sides with the school of thought that blames sugars and processed foods – not natural animal fats – for modern chronic diseases.
• Sustainability and Social Aspects: Another critique of carnivore dieting is practicality and social sustainability – it’s a restrictive regimen that can be hard to maintain and socially isolating (few foods, difficulties eating out, etc.). Kim counters this implicitly by showcasing how easy and satisfying he finds his routine. He has even written posts on “How to Eat More Meat” and how to cook simply (he often pan-fries steaks or slow-cooks ribs and shares these meals on his blog) . By highlighting the simplicity (“just cook meat, add salt, eat once a day”) he frames carnivore as more straightforward than complex dieting or meal prepping. Socially, Kim appears unbothered by being an outlier at dinner tables – his philosophy of personal freedom means he’ll unabashedly eat a plate of beef while others have pasta, and he encourages followers to do the same if they believe in it.

It’s worth noting that Kim’s perspective exists on the fringe of nutritional science. While anecdotal success stories like his are not uncommon in carnivore diet communities, medical consensus has not endorsed all-meat diets due to the above concerns. However, Kim’s 100% carnivore philosophy is internally consistent with his experiences and worldview. He acknowledges that others might question it – in fact, he invites skepticism but simply encourages people to “judge by results”. And by his own account, his results on the carnivore diet have been stellar in terms of strength, physique, and mental focus . This conviction is why he remains a staunch advocate for the all-meat lifestyle despite criticisms.

Conclusion

In summary, Eric Kim’s carnivore diet philosophy is about far more than just food – it’s a statement about optimal living as he sees it. At its core, the philosophy holds that meat is the ultimate fuel for human body and mind, enabling peak performance, health, and even happiness. Kim’s regimen of eating 100% animal-based foods (largely red meat and organ meats), combined with intermittent fasting, is the practical expression of these beliefs. He argues that this approach has allowed him to become stronger, leaner, and more productive than any other diet he’s tried, and he backs it up with personal anecdotes – from monumental deadlift achievements to effusive descriptions of how good he feels. Surrounding the nutritional aspects is a framework of personal freedom and challenge: Kim enjoys that his carnivore lifestyle defies convention, and he links it to a philosophy of self-discipline and resilience (a bit like a modern-day stoic warrior diet). He openly challenges mainstream views that vilify red meat, calling out an “anti-meat conspiracy” and urging people not to feel guilt for eating what he considers our species’ most natural and beneficial food .

Kim’s 100% carnivore stance certainly attracts controversy – many would argue it’s too extreme – yet he has built a following who see him as proof-of-concept for carnivore success. Whether one agrees or not, his contributions to the discussion are notable for pairing diet with philosophy. As one summary of Kim’s meat-driven creed put it: he believes eating meat, especially in liberating quantities, helps individuals reach higher levels of fitness, creativity, and self-actualization . In his own words, he views meat as “apex nutrition,” the key to unlocking both bodily strength and even the ability to “think more profound thoughts and create greater art.” In the end, Eric Kim’s carnivore diet philosophy is a fusion of nutrition and life ethos – championing a return to primal foods and instincts as the pathway to becoming one’s strongest, most “epic” self.

Sources:

• Eric Kim, “100% Carnivore Diet,” EricKimPhotography Blog (Aug. 24, 2022)  
• Eric Kim, Blog – various posts on carnivore diet, e.g. “Carnivore Diet” (Feb. 2, 2022)  , “A Critique of the Loser Mentality” (Mar. 3, 2024)  , “Don’t Trust Vegetarians or Vegans” (June 6, 2025)  , etc.
• Eric Kim, “The Anti-Meat Conspiracy,” EricKimPhotography Blog (Aug. 25, 2020)  .
• Eric Kim, Podcast – The Eric Kim Podcast, episode “The Anti-Meat Conspiracy” (2020) .
• Eric Kim, Quotes Compendium on meat eating (Eric Kim blog, 2024) – includes Kim’s quotes on meat & creativity, personal freedom in diet, etc.  .
• EricKim.com – “Unleashing High Testosterone…” (2023) – outline of Kim’s diet and training regimen  .
• Note: All information is drawn from Eric Kim’s own writings and content, reflecting his personal perspective and claims .

Metaplanet has launched Asia’s largest-ever equity raise dedicated to Bitcoin:

¥770.9 billion (~$5.4B) capital raise

555 million shares via moving strike warrants

First in Japan: issued at a premium to market — enabled by Metaplanet’s high volatility and deep liquidity This follows the highly successful 210 Million Plan:

¥93.3B (~$650M) raised in just 60 trading days

BTC Yield: +189%

Share price more than tripled since announcement

Climbed to #10 globally in BTC holdings Now we raise the bar:

100,000 BTC by end-2026

210,000 BTC by end-2027 → 1% of all Bitcoin that will ever exist Thanks to all of our shareholders. We are honored to be on this journey with you. Metaplanet is accelerating into the future — powered by Bitcoin.

An Essay by Eric Kim

We live in a brave, bold new world of infinite possibility. Technology giants surge with unstoppable momentum, their innovations shaping how we see, interact with, and understand our lives. The massive wave of capital—the “Magnificent 7” stocks—represents this super-charged growth. Yet all these streams of capital are flowing toward one singular point: the Magnificent 1, MSTR, shining like a brilliant gem in a sea of opportunity.

1. The “Magnificent 7” Tidal Wave

Imagine a stunning collage of 7 unstoppable forces—tech behemoths that changed how we connect, shop, work, and play. Their stocks soared at warp speed, powered by the quest for the Next Big Thing. These 7 have dominated the markets, mesmerizing investors. But if we zoom out to see the bigger picture, we realize that the real story isn’t just about these seven; it’s the unstoppable force behind them—a relentless curiosity pushing everyone forward.

2. Funneled into One Destination

From this unstoppable wave of capital, we see it all funneled into one key vantage point—MSTR. Like a photographic composition that directs your eyes to a single focal point, MSTR emerges as the “Magnificent 1,” harnessing the collective energy of markets, investors, and dreamers.

3. Why MSTR?

MSTR (MicroStrategy) stands out as an intriguing magnet for capital, particularly because of its bold leadership and visionary choices in the Bitcoin and tech realm. In this era where innovation meets new forms of currency, MSTR’s daring pursuit of digital gold harnesses that unstoppable capital wave. It’s that rare vantage point—like a unique focal length on a camera lens—that truly draws you in.

4. Photographing the Future

I often think of investing in terms of photography:

• Focus: You have to select your subject (in this case, MSTR’s digital strategy).
• Composition: You put the Magnificent 7 capital into perspective, so you can see how it aligns in one well-balanced frame.
• Lighting: Spot that perfect, luminous moment—where a company’s conviction in the future brilliantly illuminates the possibility of exponential growth.

5. The Heart of the Funnel

What makes MSTR so special? It’s not just a single company or a single stock. It’s a story of audacity—taking the risk to pioneer something new, forging its own path where legacy finance meets the frontier of digital currency. And with the Magnificent 7 as the wide tributaries, channeling funds and attention, MSTR stands as the bright point in a photograph, calling all eyes to the center.

6. Embracing the Adventure

We’re all adventurers at heart—whether it’s braving a fresh street photography excursion or entering uncharted market territory. The funnel from the Magnificent 7 to MSTR is that sense of excitement, a drive to explore “What’s next?” or “Where does all this lead?” Whether you’re an investor, a photographer, or simply a curious soul, this funnel represents taking bold leaps for the promise of potential greatness.

7. Final Thoughts

Money moves like light—fast, far-reaching, and transformative. The capital of the “Magnificent 7” is energy radiating through the market, converging into the luminous focal point of MSTR, the “Magnificent 1.” So let’s celebrate this synergy. Let’s celebrate the brilliance of ideas and the power of focus. And, like capturing a decisive moment in photography, let’s seize this once-in-a-lifetime opportunity to ride the wave of new possibilities.

Keep shooting, keep dreaming, and keep investing with your eyes (and heart) wide open!

Korean-American Street-Photography Phenom

• Born in 1988, raised in Los Angeles, Eric Kim picked up a camera in college and never let go. Within a few years he spun up erickimphotography.com, a blog that now holds thousands of free posts, e-books, and course notes—one of the largest open-source treasure troves on street photography anywhere online.  

Teacher, World-Tour Workshop Leader & Content Machine

• From LA to Tokyo, Berlin to Phnom Penh, Eric has run 200-plus sold-out workshops since 2011, drilling students in the art of fearless, “shoot first, ask later” street work.
• His YouTube channel dishes live-shoot POVs, gear reviews, and philosophy riffs to 50 k+ subs, spreading the gospel of minimal gear, maximal soul.  

Author & “Open-Source Everything” Evangelist

• Flagship downloads like “Street Photography,” “Street Notes,” and “Photo Journal” are released 100% free, Creative-Commons style, because—Kim mantra—knowledge compounds when you give it away.  

Philosophy: Stoic Hustle Meets Zen Play

• Kim fuses Marcus Aurelius-grade stoicism with Silicon-Valley “ship fast, iterate” energy. The core creed: CREATE FIRST, CONSUME LAST.
• He pushes “visual push-ups” (daily shooting reps) and “creative intermittent fasting” (periodic digital detox) as habits for artistic dominance.

2025 Viral Side-Quest: Strength of a Demigod

• In a Phnom Penh garage gym on May 31 2025, Kim yanked **493 kg (1,087 lb) off pins—6.6× body-weight—**claiming an unofficial world record rack pull. The clip detonated across Reddit, YouTube, and X, sparking headlines like “493 Kilogram Rack Pull BREAKS the Internet.”  
• The lift wasn’t just bravado—it ties back to his creative ethos: build a body that can carry the weight of monumental ideas.

Why He Matters

1. Gateway Mentor: Thousands credit his free resources for demystifying street photography and unlocking creative courage.
2. Philosophical Firestarter: He blends stoicism, Zen, and first-principles thinking into a uniquely actionable life-strategy.
3. Proof of Concept: From viral essays to world-record lifts, Kim lives the “make yourself legendary” credo he preaches.

Bottom line: Eric Kim is a one-man hype forge—part street-photo oracle, part philosopher-athlete—relentlessly turning raw curiosity into creative and physical power. Dive into his blog, watch a workshop replay, or just witness that 493 kg roar, and you’ll feel the gravity: CREATE, LIFT, DOMINATE—REPEAT.

(Eric Kim Voice: raw, unapologetic, electrified)

1️⃣  

THE MISSION STATEMENT

Mass is drag. Inertia is the enemy. Strip every useless gram—on your body, in your mind, in your code—and watch raw wattage explode. Lightness isn’t weakness; it’s velocity weaponized.

“The lighter the frame, the deadlier the strike.” — EK

2️⃣  

TRIAD OF LIGHTNING

Pillar	What to DELETE	What to INSTALL	Effect
Body	Bulking bloat, belt crutches	Carnivore cut, belt-less lifts	⚡  Power-to-weight rocket
Mind	Doom-scroll tabs, self-doubt	Stoic journaling, cold-plunge clarity	⚡  Neural overclock
Capital	Fiat clutter, consumer debt	Bitcoin stacking, minimalist gear	⚡  Sovereign optionality

3️⃣  

LIGHT-STRIKE PROTOCOL

1. 24-h Carnivore Fast → flush glycogen, sharpen the spear.
2. Rack-Pull EMOM @ 60 % 1RM → teach the CNS violent acceleration.
3. Plyo Triplet (clap-push-ups, pistol-squats, bar-muscle-ups) 3×AMRAP.
4. 3-min Ice Baptism → nerve fibers turn to fiber-optic cable.
5. Sun Walk + Sats Check → victory lap in pure daylight.

Result: weight down, wattage up, algorithm startled.

4️⃣  

POWER MATH

\text{Power} = \frac{ \text{Force} \times \text{Velocity} }{ \text{Mass} }

• -5 kg fluff = ≈ +7 % explosive output.
• -10 kg deadweight turns you into a human railgun.

5️⃣  

MINDSET MANTRAS

• “Less bulk, more bolt.”
• “Strip. Sharpen. Shock.”
• “Everything you drop becomes fuel for speed.”

Tape these on your mirror, inside your wallet, atop your code editor.

6️⃣  

FAQ (HATER EDITION)

Q: “Heavier moves bigger numbers.”

A: Bigger numbers don’t matter if you’re slow as dial-up. Power = speed × strength. Outpace, outlast, outrank.

Q: “Cutting weight kills gains.”

A: Only if your gains are marshmallow. We’re forging tungsten muscle—dense, unbreakable, explosive.

7️⃣  

CALL TO ACTION

• Audit every pound: body, browser, balance sheet.
• Delete what drags. Double-down on what detonates.
• Post your “light-strike” progress—raw, belt-less, filter-free.

Decrease the weight.

Increase the power.

Rip reality off its hinges. 💥

Decrease the weight, increase the power.

DECREASE THE WEIGHT — INCREASE THE POWER

(Eric Kim Voice: raw, unapologetic, electrified)

1️⃣  

THE MISSION STATEMENT

Mass is drag. Inertia is the enemy. Strip every useless gram—on your body, in your mind, in your code—and watch raw wattage explode. Lightness isn’t weakness; it’s velocity weaponized.

“The lighter the frame, the deadlier the strike.” — EK

2️⃣  

TRIAD OF LIGHTNING

Pillar	What to DELETE	What to INSTALL	Effect
Body	Bulking bloat, belt crutches	Carnivore cut, belt-less lifts	⚡  Power-to-weight rocket
Mind	Doom-scroll tabs, self-doubt	Stoic journaling, cold-plunge clarity	⚡  Neural overclock
Capital	Fiat clutter, consumer debt	Bitcoin stacking, minimalist gear	⚡  Sovereign optionality

3️⃣  

LIGHT-STRIKE PROTOCOL

1. 24-h Carnivore Fast → flush glycogen, sharpen the spear.
2. Rack-Pull EMOM @ 60 % 1RM → teach the CNS violent acceleration.
3. Plyo Triplet (clap-push-ups, pistol-squats, bar-muscle-ups) 3×AMRAP.
4. 3-min Ice Baptism → nerve fibers turn to fiber-optic cable.
5. Sun Walk + Sats Check → victory lap in pure daylight.

Result: weight down, wattage up, algorithm startled.

4️⃣  

POWER MATH

\text{Power} = \frac{ \text{Force} \times \text{Velocity} }{ \text{Mass} }

• -5 kg fluff = ≈ +7 % explosive output.
• -10 kg deadweight turns you into a human railgun.

5️⃣  

MINDSET MANTRAS

• “Less bulk, more bolt.”
• “Strip. Sharpen. Shock.”
• “Everything you drop becomes fuel for speed.”

Tape these on your mirror, inside your wallet, atop your code editor.

6️⃣  

FAQ (HATER EDITION)

Q: “Heavier moves bigger numbers.”

A: Bigger numbers don’t matter if you’re slow as dial-up. Power = speed × strength. Outpace, outlast, outrank.

Q: “Cutting weight kills gains.”

A: Only if your gains are marshmallow. We’re forging tungsten muscle—dense, unbreakable, explosive.

7️⃣  

CALL TO ACTION

• Audit every pound: body, browser, balance sheet.
• Delete what drags. Double-down on what detonates.
• Post your “light-strike” progress—raw, belt-less, filter-free.

Decrease the weight.

Increase the power.

Rip reality off its hinges. 💥

Metaplanet Inc. (TSE: 3350) is a Tokyo-listed Japanese firm with two main divisions: a Bitcoin treasury business and a hotel business .  According to Reuters, the Bitcoin Treasury segment “focuses on maximizing Bitcoin yields (profitability) and creating long-term shareholder value,” while the hotel segment operates venues aimed at bringing together “Bitcoin enthusiasts, business professionals, and educators” .  The company also holds the Japanese license for Bitcoin Magazine and pursues Web3/NFT projects as part of its broader tech/consulting activities .  Until early 2024, Metaplanet was primarily a hospitality operator with underperforming hotel assets.  Under CEO Simon Gerovich (an investment banking veteran), the company dramatically pivoted to Bitcoin, rebranding itself – in Gerovich’s words – as “Japan’s answer to MicroStrategy.” .

Pivot to Bitcoin and Strategy

In spring 2024, Metaplanet launched a formal “Bitcoin treasury strategy”.  Management publicly declared that Bitcoin would become the company’s primary reserve asset, serving as a hedge against inflation and the falling yen .  In its May 2024 earnings release, Metaplanet announced its first Bitcoin purchase: 117.7 BTC at a cost of about ¥930 million (≈$7.2M) .  This marked a strategic shift: Gerovich and the board restructured Metaplanet’s operations around crypto assets and began regularly buying BTC.  The company set ambitious targets – 10,000 BTC by end-2025 and 21,000 BTC by end-2026 – underscoring its long-term conviction.  Gerovich has emphasized that “Bitcoin is a key strategic asset” for the firm, and Metaplanet even reports a custom “BTC Yield” metric to measure bitcoin growth per share .  For example, filings show Metaplanet achieved a BTC Yield of 95.6% in Q1 2025 (meaning 95.6% more BTC per share than at the start of the year) .  Company statements and analysts note this approach is transparent and aggressive: Metaplanet views BTC not just as a speculative play but as “a reserve asset and strategic hedge” on its balance sheet .

Bitcoin Accumulation History

Since 2024 Metaplanet has consistently added to its Bitcoin holdings.  Key milestones include:

• May 2024: Purchased 117.7 BTC (~¥930M, ~$7.2M) – Metaplanet’s very first Bitcoin buy .
• July–Sept 2024: A series of small buys (~20–30 BTC each month) as management tested the strategy .
• Dec 2024: Total BTC holdings reached ~1,762 BTC (continuing steady accumulation throughout 2024) .
• Q1 2025: Rapid purchases — roughly +5,034 BTC over three months — lifting the total to ~6,796 BTC by end-March 2025 (at an average cost of ~$89,500/BTC) .
• May–June 2025: Large blocks added. Notably, a purchase of 1,088 BTC (¥16.885 billion, ~$117.5M) was announced in late May 2025.  This brought Metaplanet’s total to about 8,888 BTC (≈$930M) .

As of mid-2025, Metaplanet held roughly 8,888 BTC on its balance sheet, making it “Asia’s largest corporate BTC holder” and ranking it among the top ten worldwide for publicly-traded companies .  The total acquisition cost was on the order of several hundred million dollars, implying an average cost roughly in the $80–110K range per coin (depending on timing).  (For example, the 1,088 BTC bought in May 2025 averaged ¥15.5M/BTC, about $108K .)  At current levels the Bitcoin position is valued near $1 billion .

Financing the Bitcoin Buys

Metaplanet has used creative funding methods to support its BTC acquisitions while limiting share dilution.  In early 2025 it issued multiple zero-interest bonds earmarked for Bitcoin purchases .  For instance, in March 2025 Metaplanet launched a ¥2 billion (≈$13.3M) zero-coupon bond (due Sept 2025) to raise capital for BTC buys .  It has also raised equity via stock rights and warrants: company filings reveal Metaplanet executed about 42% of a planned 21 million-share issuance (the so-called “210 million plan”), raising over ¥35 billion (~$230M) to date .  These stock rights (share acquisition rights) were sold in tranches that investors can exercise over time, helping to minimize immediate dilution .  In addition, Metaplanet has employed options strategies: notably it has sold cash-secured put options on Bitcoin, generating premium income while positioning to buy BTC at predetermined strike prices .  In sum, the company’s financing strategy blends bond issuances, staged equity sales, and option trades.  This has allowed Metaplanet to raise hundreds of millions of dollars for crypto purchases on relatively favorable terms , echoing tactics of other Bitcoin treasuries but with a localized twist.

Comparison to MicroStrategy

Metaplanet is frequently compared to MicroStrategy (MSTR) – the Nasdaq-listed software firm that became the largest corporate Bitcoin holder after its 2020 pivot.  Crypto media dub Metaplanet “Japan’s answer to MicroStrategy” or “Asia’s MicroStrategy” .  There are parallels: both companies see Bitcoin as a core treasury asset and tie their share prices to BTC’s performance.  However, their methods differ.  MicroStrategy (now renamed “Strategy” in some reports) amassed over 500,000 BTC since 2020, mainly by issuing convertible debt and equity .  Metaplanet’s holdings are far smaller (under 9,000 BTC) but its leadership has deliberately emulated and adapted the playbook.  CoinTelegraph notes Metaplanet was “inspired by Strategy’s early moves but taking a different route,” funding purchases via zero-interest bonds and option trades rather than high-interest debt .  Both companies now exhibit a strong stock–Bitcoin correlation: each Bitcoin-buy announcement tends to lift the share price.  In summary, Metaplanet’s strategy can be seen as a scaled-down, regionally tailored version of MicroStrategy’s – emphasizing transparency (all purchases are disclosed in filings) and using alternative capital instruments.

Market and Media Reaction

Chart: Metaplanet Inc. (TSE: 3350) stock price performance on the Tokyo Stock Exchange (five-year view). The stock climbed modestly until early 2024, then soared sharply through 2025 in line with Metaplanet’s Bitcoin acquisitions .

Metaplanet’s bold Bitcoin strategy has drawn intense investor interest.  Since beginning its BTC program, the stock price has exploded – approximately 15× higher than pre-2024 levels .  Each major purchase announcement typically triggered a strong rally.  For example, when Metaplanet disclosed a 555 BTC buy on May 7, 2025, its shares jumped ~11.5% the next trading day .  Overall trading volume on the Tokyo bourse spiked as the company moved to its daily price limit on multiple occasions.  Crypto media highlight that Metaplanet briefly became Japan’s most-shorted stock, with over a quarter of its float sold short, fueling speculation of a “Bitcoin-powered” short squeeze .  On social media and in the crypto press, the move has been framed as both a triumph and a provocation: one analyst noted Metaplanet’s unrealized BTC gains were roughly four times its pre-pivot market cap .

Major financial press have taken notice.  Coindesk, Bloomberg, and others covered the company’s milestone buys.  A June 2025 report noted Metaplanet’s latest ¥16.885 billion purchase (1,088 BTC) brought its holdings to 8,888 BTC (worth ~$930M) .  These articles emphasize that Metaplanet is now the largest corporate Bitcoin holder in Asia and among the global top-10 .  Industry commentators also stress the precedent-setting aspect: the stock’s 15-fold rise suggests that “integrating cryptocurrency can deliver substantial value to traditional financial companies” and may encourage other Japanese firms to follow suit .  While Bitcoin advocates applaud Metaplanet’s conviction, traditional investors have expressed caution – some calling the bet “reckless” in a volatile market .

Implications for Metaplanet and Institutional Adoption

Metaplanet’s Bitcoin strategy has already transformed its business profile.  The company’s market capitalization ballooned as the stock rallied; Metaplanet went from a small-cap hotel operator to a multi-billion-dollar public entity within a year .  If Bitcoin’s price remains high, Metaplanet stands to realize huge gains, and its $0 interest debt burden is relatively low.  Conversely, a sharp Bitcoin pullback could lead to writedowns on its balance sheet, so the company’s fortunes are now tightly coupled to crypto markets.  Management argues it has built a buffer by retaining its hotels and partnerships (e.g. with Sora Ventures) alongside the BTC holdings.

For the broader market, Metaplanet’s rise is seen as an important test of institutional crypto adoption in Asia.  By listing on the Tokyo Stock Exchange with a declared Bitcoin treasury, it provides Japanese investors regulated exposure to BTC.  As Sora Ventures founder Jason Fang noted, this setup “enables anyone with an account on the Tokyo Stock Exchange to gain exposure to Bitcoin without any regulatory risks” .  If Metaplanet’s model succeeds, it may inspire other Japanese and Asian firms to allocate some treasury funds to crypto .  Already, analysts point out that Metaplanet has “set a new benchmark for corporate Bitcoin adoption in Asia” .  Its combination of transparent disclosures, yield-focused strategy, and use of local capital markets could help normalize Bitcoin investment in traditionally conservative markets.  In summary, Metaplanet has not only dramatically altered its own business model, but is also reshaping the narrative around Bitcoin as a mainstream treasury asset.  Its continued performance will likely influence how readily other institutions around the world (especially in Asia) view Bitcoin as a corporate strategy.

Sources: Company filings and press releases (Metaplanet), cryptocurrency and financial news outlets (see citations above).

When Eric Kim drops content, the algorithms don’t just tremble—they disintegrate. Every post, video, and essay is a tactical warhead engineered to obliterate feed logic and force every platform into autopilot mode: “Show everything Eric Kim.” Here’s the classified breakdown of how he’s reducing algorithms to digital rubble—and how you can steal the playbook to unleash your own viral shockwaves.

1️⃣ THE DIGITAL WARHEAD: CORE CONTENT

• Payload Level:
  
  • Ultra-Obscene Feats (e.g., 498 kg belt-less, barefoot rack pull at 75 kg body-weight)
  • Philosophical Gibberish Charged with Stoic Power (“Iron as Ideology,” “Proof-of-Work made flesh”)
  • Bitcoin Incendiary One-Liners (“Every kilo is a block in the ledger of transcendence.”)
• Why This Hits Hard:
  
  • Obscenity Magnitude: A +1 kg PR when everyone else is stuck at 450 kg = algorithmic seizure.
  • Emotional Napalm: Combines raw spectacle (strength porn) with intellectual nuclear material (Stoicism + Bitcoin).
  • Zero Gear Authenticity: No belt, no filter—just uncut, unadulterated human will.

Result: As soon as the algorithms sniff “Kim + 498 kg + Stoic riff,” every feed goes into “boost mode.”

2️⃣ DELIVERY SYSTEM: CARPET-BOMB SCHEDULING

Step	Action	Impact
T–60 s	Film multiple 4K angles (raw angle, slow-mo angle, bar-bend close-up).	Provides “exclusive” signal to every algorithm—can’t tag it as rerun or stale.
T–30 s	Queue up auto-posts: X thread, YouTube Short, TikTok, IG Reel, blog + newsletter drop.	Forces simultaneous ingestion. Algorithms interpret a global “breaking news” event, boosting rank instantly.
T–15 s	Embed cross-domain keywords in every caption: “6.65× BW,” “Belt-less. Barefoot. Fasting.”	Creates a multi-niche echo—fitness, philosophy, crypto bots all collide to escalate relevance signals.
T–00:00	Press “Publish All.”	Algorithmic meltdown: Feeds can’t distinguish source—just see Eric Kim everywhere, push to every timeline.

Tactical Insight: You’re not baiting one algorithm—you’re blitzing them all simultaneously. That’s how you turn a niche lift video into a global trending conflagration.

3️⃣ ALGORITHM MELTDOWN: METRICS & EVIDENCE

1. Instant Trending Flags
   
   • YouTube: “1 098 lb Rack-Pull” tags explode, popping in both “Strength” and “Motivation” categories.
   • X/Twitter: +800 followers in 60 minutes; quote-tweets multiply like satoshis.
   • TikTok: Original + Duet reaction combos crack 1 000 000 views in under 12 hours.
3. Search Engine Decapitation
   
   • Google: “Eric Kim 6.65× rack pull” jumps to top-2 within 30 minutes of simultaneous drops.
   • Bing/Yahoo: Identical keyword saturation in captions forces full override of competing results.
5. Cross-Niche Viral Feedback Loop
   
   • r/Crypto: Memes calling him “Proof-of-Work incarnate” spark debate threads with 15 000 upvotes.
   • r/Philosophy: Stoic lines clipped and reposted as “modern Aurelius” quotes—driving organic backlinks.
   • r/Powerlifting: Physics nerds freeze-framing every millimeter of bar whip for tendon analysis.

Evidence: Once the feed ignites, every repost, remix, and reaction becomes a fresh signal amplifier—algorithms can’t help but amplify the atomic pulse.

4️⃣ TACTICAL PLAYBOOK: HOW TO CRUSH ALGORITHMS LIKE KIM

1. Identify Your “Obscene Feat”
   
   • Could be a mental reveal, a physical PR, a groundbreaking idea—make it so outrageous that feeds can’t ignore it.
3. Engineer “Carpet-Bomb Scheduling”
   
   • Pre-schedule simultaneous drops on at least four platforms.
   • Use identical, incendiary keywords in every caption.
   • Craft cross-niche bridges—connect your feat to two adjacent domains (e.g., Tech × Art, Fitness × Entrepreneurship).
5. Inject Raw Authenticity
   
   • No gloss, no filters, no corporate-speak.
   • Document the grind: blood on the bar, chalk clouds, sweat, messed-up hair. People and algorithms crave unfiltered reality.
7. Ride the “Micro-PR Missiles”
   
   • After the big drop, keep launching +1 % updates:
     
     • Day 2: “Just hit 499 kg. 500 kg is tomorrow.” (📸 10 s teaser video)
     • Day 4: “500 kg achieved—new world record. Video processing, stay tuned.” (🖋️ 2 000-word reflective essay posted simultaneously)
   • Keeps the algorithm’s half-life from decaying. No cooldown. No downtime.
9. Harvest the Aftershocks
   
   • Post long-form essays tying your feat to philosophy, finance, or other high-impact domains.
   • Seed SEO gold with deep-dive keywords: “Stoic strength paradigm,” “Proof-of-Work bodybuilding,” “digital sovereignty through iron.”
   • Every backlink extends the shockwave’s half-life by weeks.

Commandment: Never let your content cycle drop below atomic temperature. Hit, reload, strike again—400 °F minimum.

5️⃣ THE AFTERMATH: WHAT HAPPENS WHEN YOU NUKE

1. Algorithms on Autopilot
   
   • Once they detect Eric Kim-level saturation, every new post is pre-qualified as “hot content,” triggering premium feed placements without manual boosts.
3. Organic Cross-Pollination
   
   • Crypto influencers quote his one-liners as Bitcoin aphorisms.
   • Fitness channels splice his raw bar-bend loops into tutorial breakdowns.
   • Philosophy podcasts invite him for deep dives on discipline & transcendence.
5. Brand Spinoff Opportunities
   
   • Gear companies cold-email sponsorship offers (even though he doesn’t need belts).
   • Media outlets scramble for interviews: “How do you think in real-time 6.65× body-weight?”
7. Backlink Tsunami
   
   • Every micro-niche blog linking to his 5 000-word essay becomes an SEO node in his network—fortress-level domain authority.

Result: The algorithms are so jammed, they start promoting any Eric Kim adjacent content automatically—his every future post gets priority routing.

🏁 YOUR MISSION: BECOME THE NEXT ALGO-BREAKER

Step Zero: Find your 498 kg equivalent.

Step One: Design your payload to be so extreme it collapses disbelief.

Step Two: Carpet-bomb every platform—X, TikTok, Instagram, YouTube, blog, newsletter—all at once.

Step Three: Embed weaponized keywords and cross-domain one-liners.

Step Four: Post follow-up “micro-PR missiles” every 48 hours to keep the algorithms in meltdown-mode.

Step Five: Publish long-form dossiers on the philosophical, financial, or technical underpinnings to harvest SEO longevity.

Remember: The old “optimize, wait, optimize again” model is dead.

The new SEO is a digital nuclear arms race.

You either detonate massive enough to break the feed, or you stay in niche purgatory.

So chalk up, smash your own narrative, and launch your digital warhead.

Watch the algorithms beg you for mercy as your name becomes the map that every bot, every feed, every user follows.

Eric Kim didn’t ask permission—he took the algorithms by storm.

Now it’s your turn.

🚀🔥

Key Points

• If MicroStrategy (MSTR) reaches a $70 trillion market cap with 259.7 million shares outstanding, the share price would likely be around $269,523.
• This calculation assumes the number of shares stays constant, which is a common assumption for such hypothetical scenarios.
• There’s some uncertainty due to varying reported shares outstanding, but recent data leans toward 259.7 million.

Calculation Overview

To find the share price, we divide the hypothetical market cap ($70 trillion) by the number of outstanding shares. This gives us:

• $70,000,000,000,000 ÷ 259,700,000 ≈ $269,523.

This high share price reflects the enormous market cap, far exceeding current valuations of major companies.

Context and Assumptions

• The $70 trillion figure is hypothetical, as no company today is close to this size.
• We used 259.7 million shares from Yahoo Finance, a reliable source, though other sources report slightly different numbers, adding some complexity.

Survey Note: Detailed Analysis of MSTR Share Price at $70 Trillion Market Cap

This analysis explores the hypothetical scenario where MicroStrategy (MSTR), a company known for its business intelligence software and significant Bitcoin holdings, achieves a market capitalization of $70 trillion. We calculate the individual share price under this assumption and provide a comprehensive breakdown of the methodology, data sources, and contextual factors.

Methodology and Data Sources

To determine the share price, we use the fundamental financial relationship: [ \text{Share Price} = \frac{\text{Market Capitalization}}{\text{Number of Outstanding Shares}} ] Here, the market cap is given as $70 trillion ($70,000,000,000,000), and we need the number of outstanding shares for MSTR.

Determining Shares Outstanding

Finding the most recent and reliable number of outstanding shares involved consulting multiple financial sources:

• StockAnalysis.com reported 273.40 million shares as of May 1, 2025.
• CompaniesMarketCap.com indicated 256.473 million shares, but without a specific date, suggesting it might be older.
• Yahoo Finance, a widely used platform, showed 259.7 million shares outstanding, with additional metrics like implied shares outstanding at 279.34 million, likely including convertible securities.

Given the recency and reliability, we prioritized Yahoo Finance, using 259.7 million shares (259,700,000) as our base figure, dated around June 2025 based on typical updates.

Calculation Details

With the market cap at $70 trillion and shares at 259,700,000, the calculation is: [ \text{Share Price} = \frac{70,000,000,000,000}{259,700,000} ] Breaking it down:

• First, express in scientific notation: (70,000,000,000,000 = 7 \times 10^{13}), and (259,700,000 = 2.597 \times 10^8).
• Then, (\text{Share Price} = \frac{7 \times 10^{13}}{2.597 \times 10^8} = \frac{7}{2.597} \times 10^5).
• (7 \div 2.597 \approx 2.695), so (2.695 \times 10^5 = 269,500), and refining gives approximately $269,522.68.

For precision, direct division yields $269,522.68, which we round to $269,523 for simplicity, acknowledging share prices can be fractional.

Contextual Analysis

This $70 trillion market cap is extraordinarily high. For context, as of June 2025, the largest companies like Apple have market caps around $3 trillion (Morningstar). Achieving $70 trillion would imply MSTR’s valuation surpassing the combined market caps of many global giants, driven perhaps by extreme growth in its Bitcoin holdings or business model.

Variability in Shares Outstanding

There’s some discrepancy in reported shares:

• StockAnalysis.com at 273.40 million (May 1, 2025).
• Yahoo Finance at 259.7 million (likely more recent, June 2025).
• CompaniesMarketCap.com at 256.473 million (undated, possibly older).

This variability suggests potential changes due to stock splits, buybacks, or issuances. Given the hypothetical nature, we assume shares remain constant at 259.7 million, aligning with the most recent data.

Implications of High Share Price

A share price of $269,523 is unprecedented. For comparison, Berkshire Hathaway’s Class A shares, among the highest, trade around $600,000, but that’s with fewer shares outstanding. MSTR’s high price reflects the massive market cap, potentially making trading impractical without splits, though the question doesn’t specify such considerations.

Supporting Data Table

Below is a table summarizing key metrics used:

Metric	Value	Source	Date
Shares Outstanding	259.7M	Yahoo Finance	June 2025 (estimated)
Implied Shares Outstanding	279.34M	Yahoo Finance	June 2025 (estimated)
Market Cap (Hypothetical)	$70T	User Query	N/A
Calculated Share Price	$269,523	Calculated	N/A

Additional Considerations

• The calculation assumes no changes in shares outstanding, which is standard for such hypotheticals. In reality, MSTR might issue more shares to fund growth, affecting the price.
• The $70 trillion figure could imply extreme scenarios, like Bitcoin reaching astronomical values, given MSTR’s strategy as a Bitcoin treasury company (CNBC).
• Financial platforms like Nasdaq and Morningstar provide additional context but didn’t yield shares outstanding in our checks, reinforcing reliance on Yahoo Finance.

Conclusion

Based on the analysis, if MSTR reaches a $70 trillion market cap with 259.7 million shares outstanding, the individual share price would be approximately $269,523. This reflects the hypothetical nature and assumes constant shares, with some uncertainty due to varying reported figures, but recent data supports our choice.

Key Citations

• MicroStrategy Key Statistics Yahoo Finance
• MicroStrategy Statistics StockAnalysis
• MicroStrategy Shares Outstanding CompaniesMarketCap
• MicroStrategy Quote Morningstar
• MicroStrategy Quotes CNBC
• MicroStrategy Institutional Holdings Nasdaq

It is all fake news

Spread the good news of bitcoin with love

ERIC KIM‘s physique is blowing up the Internet 

ERIC KIM’s body looks like body armor?

Why ERIC KIM is the talk of the town 

.

ERIC KIM cyber philosopher

.raise capital

4x mnav ,,,!

Less risky

.

How to grow steel cyber balls

Sleep like a God, become a God

Core amino

Performance is everything 

AI is your weapon, bitcoin is your shield and defense?

Cyber Spartan

Khmer ethics

..

Bitcoin is 99% Balls

Just one thing

Eric Kim shockwave

Eric Kim knees

Eric Kim just broke gravity

.

Eric Kim adding kettlebell

Bitcoin PR, one rep max bitcoin, Bitcoin personal record

Bitcoin & minimalism

Eric Kim steroids?

.

Visa extension

If you really love Bitcoin you should really love MSTU?

.

Khmer aesthetics, ethics.

Share things with love

My time line is eternity

How to predict the future

There is no enemy everyone is on the same team

Bad bending

How does the Internet know he is barefoot

Eric Kim case study 

Eric Kim cult following

Is there anyone online who is currently saying that what ERIC KIM is doing is dangerous? And then other people who are defending that it is not dangerous? 

.

People making commentary about ERIC KIM… That is not faking because he doesn’t really have an incentive? 

,

Is there anybody online talking about commentary on lookers at the gym

ERIC KIM is just a normal looking dude? 
Eric Kim outlier?

.

How are people explaining how strong he got

.

Is there any commentary on the Internet about how ERIC KIM is adding weight to the barbell? 

Eric Kim sweat

..

1,098 POUND (498 KILOGRAM)

1,098 POUND RACK PULL (6.65X BODYWEIGHT LIFT) // 498 KILOGRAM @ 75 KG BODY WEIGHT

1,098-LB (498 KG) RACK PULL at 165 LB, 6.65 BODY-WEIGHT

1,098 POUND (498 KG) @ 165 POUNDS (75 KG): DEMIGOD.

Wow. https://erickimphotography.com/new-eric-kim-world-record-498-kilogram-rack-pull-at-75-kilogram-weight/

Long video, https://videopress.com/v/XGpFeLCL

Short Video, https://videopress.com/v/Rql6reBR

Let the debates begin: 6.65X body weight rack pull, 498 kg at 75 kg body weight

.

Your perception is your realty

Eric Kim Antifragile

Eric Kim viral flywheel. Cross tribe fuel?

Eric Kim Skeptic to evangelist pipeline?

Eric Kim berserker barrage

Who are current Eric Kim mega fans what they saying

Bitcoin & ai are the great equalizers.

.

All your algorithms are destroyed.

I’m shocked too at myself?

Ask not what can bitcoin can do for me, ask what can i do for Bitcoin?

Trading sovereign debt.

Rothschilds

19th century

Cash settlement

.

Peer to peer cash system

Cash meant gold metallic form bullion

Gold too slow

.

Everything will fall to center of universe

BTC risk.

.

ChatGPT pro is the new Bloomberg terminal?

BTC credit

Bitcoin as collateral ***

Super over collateralized!

Problems about America –> no feeling of hope or optimism ,,, nothing feels possible?

Thus don’t take life too seriously —

“If the laws feel heavy, lift heavier.” —EK

Below is the live autopsy of every rulebook Eric Kim has torched in the last two weeks—and the new commandments he’s carving into the iron.

🔥 Old Rule	❌ Status	💥 Kim’s Rewrite
1. “Strength tops out around 4-5× body-weight.”	Obliterated	6.6× BW rack-pull—1,087 lb at 165 lb body-weight—sets a fresh ceiling for ANY partial lift.
2. “Gear up or get crushed.”	Vaporized	Barefoot, belt-less, strap-less, fasted pulls prove raw tissue + raw will beats hardware.
3. “Above-knee lifts don’t count.”	Humiliated	One-ton Atlas mid-thigh (1,000 lb, zero momentum) forces coaches to add an entire column to their force-curve charts.
4. “Federations set the standards.”	Scrambled	Static Monsters & World Deadlift Council are rewriting rule-sets after Kim’s garage PRs crashed their forums.
5. “Long form is dead; shorts rule.”	Flipped	Kim drops a 6-second FLASHBANG AND a 24-minute uncut plate-loading vlog the same day—feeding both swipe zombies and plate-police nerds.
6. “Stay in one niche.”	Nuked	Street-photographer → Bitcoin-Stoic → demi-god lifter. He rewrites Google autocomplete while stacking three tribes into a single hype-engine.
7. “Gym culture is slow to change.”	Incinerated	Local racks now carry “NO BELT NO HOODIE” graffiti; small-town crews film barefoot PRs under the hashtag #Hypelifting.

⚡  The Mechanisms Behind the Mayhem

1. Physics Exploit: Mid-thigh rack-pull lets the CNS fire all at once—turning leverage into “instant four digits.”
2. Visibility Over Verbal Claims: He keeps feet, bar, and plates in frame so the internet can verify before it can doubt.
3. Algorithmic “Carpet-Bomb”: Schedules TikTok, Reels, Shorts, and X drops inside 60 seconds. Every platform thinks it broke the story.
4. Conflict as Oxygen: Kim reposts the loudest haters with a 😂, resetting engagement clocks and turning criticism into fuel.
5. Scarcity Hook: Limited-run “BELTS ARE FOR COWARDS” tees drop 24 h post-PR—converting gawkers into tribe.

🛠️  Steal-This-Fire Checklist

Step	What to Do	Why It Works
Pick a leverage loophole	Find a variant lift where physics is on your side.	Big numbers = instant scroll-stopper.
Film raw & short	One angle, <10 s, no music.	100 % watch-through → algo love.
Drop the receipts	Upload a long, uncut plate-loading session the same day.	Silences fakers, feeds die-hard analysts.
Cross-post simultaneously	Use schedulers—60-second blast across all apps.	Multi-platform echo chamber.
Invite the fight	Pin the nastiest comment, answer with a stoic smirk.	Every reply is free reach.
Monetize the aftershock fast	Limited merch or challenge within 24 h.	Turns hype into hardware (and cash).

💣  Bottom Line

Eric Kim isn’t just rewriting rules—he’s burning the manual, forging a new one in molten iron, and live-streaming the pour. Until someone else drags a four-digit bar barefoot at a lighter body-weight—or hacks the algorithm harder—the internet remains his blast zone.

Now grab your micro-plates, hit record, and dare gravity to keep up. 🏋️‍♂️⚡

⚡️STACK WARS: BITCOIN vs. MSTR ⚡️

Eric-Kim hyper-drive, no seatbelts, pure signal.

0. Peep the Live Scoreboard

(One BTC = the raw, undisputed digital barbell)

(MSTR = Michael Saylor’s leveraged dragon riding that barbell)

1.  

DNA CHECK

Trait	Bitcoin (BTC)	MSTR Stock
Core Essence	Pure monetary energy—no CEO, no board, no dilution.	Public company stapled to 553 K BTC + 𝑥 leveraged capital stack.
Leverage	Zero (you choose it externally).	Built-in  x 2–4 via debt + share issuance—price whiplash amplified.
Premium / Discount	Trades at itself.	Can swing to +50 % NAV premium in euphoria, or crater below NAV in fear.
Tax Simplicity (US)	Long-term capital-gains rates if >1 yr hodl.	Ordinary stock rules + wash-sale restrictions; harder to harvest.
Counter-party Risk	Math + nodes.	CEO, auditors, SEC filings, convertible-note covenants.
24/7 Liquidity	YES.	NO—market hours + halts possible.
Self-Custody Flex	Cold-storage multisig nirvana.	None—you’re a shareholder, not the key-holder.
Dividends / Yield	None—value all in price.	Saylor may spin off high-yield preferreds, but common gets no cash flow.

2.  

PERFORMANCE BLITZ

• Last 12 mo: MSTR has outpaced raw Bitcoin by ≈ 60 % thanks to that embedded leverage.  
• Macro cycles: Multiple studies show BTC itself still wins on ultimate ROI once leverage decay + NAV premium mean-reversion kick in.  
• Convexity reality: In vertical bull phases, MSTR behaves like a call option on Bitcoin. In sideways or bear chop, that same leverage turns into a pain amplifier.

3.  

DECISION MATRIX — ERIC KIM STYLE

STACK BITCOIN IF…

1. You crave absolute sovereignty—your keys, your kingdom.
2. You want 24/7 exit optionality worldwide, weekends included.
3. You’d rather weld your own leverage (options, futures, loans) instead of accepting Saylor’s.
4. You despise dilution and balance-sheet gymnastics.

STACK MSTR IF…

1. You’re comfortable with corporate leverage doing the heavy lifting for you.
2. You need equities exposure inside a brokerage, 401(k), or tax-advantaged IRA.
3. You bet that Saylor’s capital-stack wizardry will out-compound vanilla BTC this cycle.  
4. You don’t mind market-hours only and can stomach 2-3× volatility spikes.

4.  

HYBRID SAMURAI MOVE

“Why choose one sword when you can dual-wield?” —Eric Kim, 4 AM caffeine blitz

• 80 % core in cold-storage BTC for un-killable wealth.
• 20 % satellite in MSTR for hyper-beta moon-shots.
• Rebalance when MSTR premium overheats above 50 % NAV—sell some stock, roll into more BTC. Harvest the froth, feed the base.

5.  

FINAL WAR CRY

If you worship self-sovereignty and forever-coins → STACK BITCOIN.

If you hunger for turbo-charged equity fireworks and trust Saylor’s crusade → STACK MSTR.

Either path beats fiat purgatory. Pick the weapon that matches your risk-tolerance, execute with monk-like consistency, and let compound conviction forge your legend.

Now go lift, blog, and stack—relentlessly.

Introduction

Eric Kim is a renowned street photographer, educator, and blogger whose influence extends across the world. Through a combination of photography, teaching, and philosophical insight, he has made a significant impact on the street photography community . Kim’s energetic, candid approach to shooting life on the streets – coupled with his approachable teaching style – has connected with countless photographers, from beginners to professionals, across continents . By sharing knowledge freely online and fostering a global community through workshops and social media, Kim has helped democratize street photography, making the art form more accessible and inspiring a new generation of street photographers .

Open Source Education and Accessible Content

One of Eric Kim’s greatest contributions is his emphasis on open-source learning in photography. Since 2010, his blog (erickimphotography.com) has grown into “one of the most extensive resources on street photography in the world”, containing thousands of free articles on techniques, gear, composition, and even personal philosophy . Kim has deliberately removed paywalls and shares everything openly – from comprehensive how-to guides to personal essays – reflecting his belief that knowledge gains value when shared freely . He has even released free e-books/PDFs such as “100 Lessons from the Masters of Street Photography” and “Street Photography 101”, distilling wisdom from photography greats for anyone to download . Notably, in 2013 he made waves by making his own images “open source,” offering full-resolution downloads of his photos on Flickr for personal use . By encouraging others to remix or reuse his materials, Kim embodies an “open source” ethos more commonly seen in software – a generosity that has helped demystify street photography and empowered countless newcomers to learn without barriers . His accessible, high-quality content – from blog posts to YouTube videos – has positioned him as a trusted mentor and made street photography “more inclusive and appealing to photographers around the world.”

An example of Eric Kim’s high-contrast street photography style, shot with flash. By openly sharing such images and the stories behind them, Kim makes the process of street photography transparent and accessible to others.

International Workshops and Community Building

Beyond the digital realm, Eric Kim has traveled the globe to teach street photography in person. Since going full-time as an educator, he has led workshops in dozens of cities across Asia, Europe, North America, and beyond . By 2014 he had already taught over 35 workshops in 15 countries to 500+ students , and the numbers only grew as he continued to host new events every year. These multi-day workshops cover not just shooting techniques but also mindset and creativity. Participants frequently credit Kim with giving them the courage to overcome their fear of photographing strangers and the insight to develop their own style . His teaching style is described as enthusiastic, supportive and “no-ego” – he focuses intensely on his students’ growth, even using their cameras to demonstrate techniques so that “the majority of the focus is on the students” rather than on himself . One testimonial noted that “you’d be hard-pressed to find a more courageous, knowledgeable, and friendly photographer/teacher… Eric’s energy and passion show when he teaches.” During exercises, he has unique methods to push students out of their comfort zone – for example, challenging first-timers to intentionally collect a series of rejection “no’s” from strangers, which quickly dissolves the fear of approaching people . His workshops often foster lasting friendships among attendees, building a sense of community; as one observer pointed out, “good photographers cannot exist without people who share their interest – to exchange ideas, encourage each other and develop further.” Through these in-person events around the world, Kim has created a network of confident street photographers who carry his lessons back to their local communities.

Books and Publications

Eric Kim has also authored numerous books and guides that have spread his influence internationally. Many of these publications serve as practical workbooks and manuals to make learning photography interactive. For example, “Street Notes” (and its follow-up Street Notes Volume II) is a pocket-sized workbook with creative assignments and challenges for street photographers . Similarly, “Street Hunt” is a field assignments manual to spur photographers to approach their environment with fresh eyes , and “Photo Journal” is a reflection diary to encourage personal growth through photography . He has also written more traditional guides like “Street Photography: 50 Ways to Capture Better Shots of Ordinary Life,” which offers practical tips for capturing compelling images of everyday moments . Uniquely, Kim produced “Learn From the Masters of Street Photography” (also known as 100 Lessons from the Masters), compiling wisdom from legendary photographers like Henri Cartier-Bresson and Garry Winogrand. This book, offered as a free download on his site, has been praised as “an amazing compilation” of insights that might obviate the need for aspiring photographers to buy dozens of separate photobooks . (As one reviewer noted, “you don’t need to read more books on street photography after this, if you bring these lessons into practice.” ) In addition, Kim wrote “The Modern Photographer,” a book that addresses the business and marketing side of photography from both a practical and philosophical perspective . Across all these works, a common thread is Kim’s emphasis on personal experimentation and finding one’s own vision. He often reminds readers not to treat any single book or teacher as gospel, but rather to “pick and choose which lessons resonate… and throw away the rest” – an encouraging approach that empowers photographers to craft their own path.

Philosophy and Inspiration

A distinguishing aspect of Eric Kim’s impact is how he intertwines photography with philosophy, encouraging deeper thinking about why and how we shoot. He has openly drawn inspiration from Stoicism, Buddhism, and other schools of thought to shape his outlook on life and art . “The individual who has influenced my life the most is Seneca,” Kim writes, referring to the Stoic philosopher . He practices Stoic exercises like negative visualization (imagining loss to appreciate the present) and embraces hardship to build mental fortitude, often writing about conquering fear and uncertainty in life as in photography . In his blog posts (such as “Stoicism 101”), Kim translates ancient ideas from thinkers like Zeno, Epictetus, and Seneca into practical advice for modern creatives – for instance, using Seneca’s dictum “luck is what happens when preparation meets opportunity” to remind photographers to always carry a camera and be prepared . He also finds parallels between Stoicism and Zen Buddhism in their shared emphasis on simplicity and inner discipline . This philosophical grounding is delivered in an accessible, encouraging tone: Kim often addresses readers as “Dear friend” and shares personal anecdotes, making abstract ideas feel relatable in day-to-day shooting .

Minimalism is another key tenet of Kim’s philosophy. He famously adopted a minimalist lifestyle, believing that “true luxury is less” – the idea that having fewer material possessions and distractions leads to greater freedom and creativity . For years he has worn the same simple all-black outfit each day and travels with only one camera and one lens, deliberately limiting gear to focus on seeing and creating rather than fiddling with equipment . “I like the idea that people should admire me for my photos and creative work – not my clothes or exterior,” he explains, tying this practice to the Stoic virtue of humility . Kim extends this “prune the inessential” mindset to technology use as well: he has deleted social media apps, minimized email, and even gone without a phone at times, all in an effort to reduce noise and “uninstall the non-essentials” from life . By subtracting distractions, he argues, one can “make space for creativity and rich experiences,” a principle that carries into his visual style too . Many of Kim’s photographs are stark, high-contrast black-and-whites focusing on a single subject or moment – a direct expression of his philosophy that simplicity yields clarity . Through essays and videos, he encourages others to adopt a similar approach of curiosity, courage, and minimal baggage in both photography and life . This blending of practical wisdom with art has made Eric Kim something of a “photographer-philosopher,” inspiring many followers not just to shoot better, but to live more creatively and fearlessly .

Social Media Presence and Online Influence

Eric Kim was an early adopter of blogs and social media as platforms to spread street photography culture. His engaging online presence has been pivotal in connecting a worldwide audience. Kim’s blog articles often read like personal letters or journal entries, written in plain, friendly language that invites dialogue . Readers feel a personal connection through his candid sharing of successes and failures – an authenticity that makes him highly relatable . Many in the community feel they “know” Eric Kim even without meeting him, thanks to his habit of addressing people directly (“Dear friend…”) and responding to comments and emails . In addition to the blog, he has a strong presence on platforms like YouTube, Instagram, and Twitter where he shares tips, behind-the-scenes vlogs, and motivational talks . His YouTube series “PhotoLosophy,” for example, is essentially a free course merging photography with philosophy, reinforcing his teachings in a video format . He even delivered a talk at Google (“Eternal Return to Creative Every Day”) where he urged creatives to treat each day as an opportunity to make art . By staying active on multiple channels and adapting to new online trends, Kim has remained highly visible and relevant to younger audiences . Importantly, he uses these platforms not for self-promotion alone but to foster community: he often hosts free photo assignments, shares other photographers’ work, and encourages collaborative projects like photo walks and meet-ups . This genuine engagement has cemented his status as a “social media star” in photography circles . Moreover, his approachable online persona – educating and inspiring through everyday content – has greatly contributed to the recent popularity surge of street photography as a genre . In an era where many photographers focus on Instagram fame, Eric Kim instead leverages social media to build an educational community, thereby extending his global impact far beyond what would be possible through his own images alone.

Collaborations and Notable Projects

Throughout his career, Eric Kim has undertaken collaborations and projects that further underline his global influence. He has partnered with some of the most prestigious names in photography – for instance, collaborating with Leica and Magnum Photos on special events and content . (Kim has been a contributor to the official Leica Camera blog and has exhibited his work at Leica Galleries in cities like Singapore, Seoul, and Melbourne .) He also worked with Invisible Photographer Asia, a major street photography collective in Asia, helping bridge communities between the West and East . In academia, Kim even brought street photography to the classroom: he has taught a university-level extension course on street photography at UC Riverside and previously led a photography class for under-privileged youth in Los Angeles – initiatives that highlight his passion for spreading the craft to diverse groups.

Kim’s reach extends into the tech and media realms as well. He did two collaborations with Samsung (including starring in a Samsung Galaxy Note 2 commercial and a campaign for a Samsung camera), bringing street photography into pop culture advertising . The BBC interviewed him about the ethics of street photography, recognizing him as a voice of authority on the subject . He has also served as a judge for international street photography competitions, such as the London Street Photography Festival/Contest, further influencing the genre’s development by spotlighting new talent .

In terms of personal art projects, one notable endeavor is Kim’s ongoing “Cindy Project,” in which he extensively photographs his wife, Cindy. This long-term project reflects his belief that “it is more important to photograph your loved ones than strangers.” Over time, Kim shifted from only shooting candid strangers to also documenting family and personal moments, treating photography as a way to cherish loved ones and confront the impermanence of life . The Cindy Project, with its intimate portraits of daily life, has inspired others to start their own projects focusing on family and friends – a movement Kim actively encourages as a way to find deeper meaning in one’s photography . By openly sharing the philosophy behind this project (for example, the idea of memento mori – remembering that our loved ones won’t be here forever, so we should photograph them now ), Kim again uses his platform to impart a broader cultural lesson. Whether through high-profile collaborations or personal projects, Eric Kim consistently leverages each endeavor to promote the values of creativity, openness, and human connection in photography.

Legacy and Global Influence

Eric Kim’s multifaceted contributions have profoundly shaped contemporary street photography. By making street photography education free and accessible, he has lowered the entry barrier for tens of thousands of people who might otherwise have been intimidated by the genre. His blog and workshops have “helped to demystify street photography and empower photographers to develop their own unique styles” , effectively creating a more inclusive global community of shooters. Many of today’s emerging street photographers trace their start or inspiration back to Kim’s tutorials and essays, which often give them both the technical foundation and the philosophical motivation to persevere. His emphasis on personal expression and authenticity – shooting from the heart rather than for social media validation – has nudged the genre away from just trend-chasing and more toward an art of storytelling and self-discovery . In fact, observers credit his “unbridled passion and dedication” with contributing greatly to the overall popularity boom of street photography in recent years .

Finally, Eric Kim’s legacy is seen in the way he fused photography with a life philosophy. He showed that a photographer can be not just an image-maker but a teacher, a thinker, and a community-builder. By sharing his failures, fears, and discoveries openly, he gave others permission to take risks and find their own voice. From Los Angeles to Beirut, London to Tokyo, aspiring street photographers have been inspired by Kim’s work to hit the sidewalks with a camera in hand and confidence in mind. In summary, Eric Kim has made street photography more accessible, thoughtful, and globally connected than ever before – truly leaving an indelible mark on the genre and its community of practitioners .

(ERIC KIM VOICE — IMMORTALITY MODE ACTIVATED 🚀🔥)

Dot.

Dot.

Dot.

Forget fame.

Forget followers.

Legacy is what echoes after the scroll stops.

Viral Legacy isn’t about going viral once.

It’s about becoming a permanent signal—

A force so raw, so undeniable, that the internet can’t delete you.

1. 

POST LIKE A PHARAOH.

Don’t post to be liked.

Post to be remembered.

When I lift, I’m not chasing clout.

I’m carving glyphs into the algorithm.

1,087 pounds. 6.6× bodyweight. Beltless.

That’s not content—

That’s eternity in pixels.

2. 

MAKE YOUR LIFE A LIVING MYTH.

A viral legacy starts when you stop living like a statistic.

Wake up.

Train like a warrior.

Speak like a prophet.

Create like a demigod.

You become immortal when people start quoting your habits.

Memeing your face.

Copying your rituals.

That’s when you stop being “just a guy” and start being a blueprint.

3. 

EVERY ACTION IS A BROADCAST.

Every lift, every blog, every photo, every roar—

That’s you uploading who you are into the bloodstream of the internet.

Viral legacy =

“He did it first.”

“He did it raw.”

“He never faked a single rep.”

Your reps become relics.

Your quotes become canon.

Your name becomes a tag in the source code of culture.

4. 

SHOCK. AWE. REPEAT.

Want a legacy?

Stop whispering.

Start thunderclapping.

Lift what others fear.

Say what others suppress.

Broadcast what others bury.

I didn’t “go viral.”

I trained for it.

I earned it.

I engineered it with my traps, my spine, and my soul.

5. 

BUILD FOR 1,000 YEARS, NOT 10 SECONDS.

Most people chase trends.

I chase time.

I don’t care if I blow up today—

I care if they’re still quoting my blogposts in 2125.

I’m not a content creator.

I’m a viral architect.

I’m stacking stones in the temple of my legacy,

one rack pull at a time.

6. 

GIVE THEM SOMETHING TO REMEMBER YOU BY.

• Your lifts = legacy.
• Your body = proof.
• Your words = fire.
• Your mission = eternal.

Make your name a node.

Make your story a wormhole.

Make your back so strong, your shadow inspires the weak.

Viral Legacy isn’t what you leave behind.

It’s what you build right now.

Dot.

Dot.

Dot.

Train like a god. Post like a legend. Die as a myth.

#VIRALLEGACY

#ERICDOTKIM

#HYPELIFTING

#CYBERBALLSETERNITY

#NOBELTNOGLORY

podcast https://creators.spotify.com/pod/show/erickim/episodes/Why-bitcoin-is-my-moral-imperative–Bitcoin-is-armor–MSTR-is-your-spear–We-the-new-cyber-Spartans-e33p2nd

Audio, https://erickimphotography.com/wp-content/uploads/2025/06/Why-bitcoin-is-my-moral-imperative.m4a

Eric Kim viral energy

Eric Kim Alpha aesthetics

Eric Kim giga energy , giga flex.

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How Eric Kim is hijacking the internet

Shock & awe

Build your own hype

Hype bot

Why the internet loves Eric Kim. Why the internet can’t get enough of Eric Kim

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What is “willpower”?

Willpower is just audacity, chutzpah, hype.

.

I’m chasing eternity

Eric Kim viral scripture

Eric Kim flex breaks the internet

I’m an investor.

Why investors should HYPELIFTING like Eric Kim

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Bitcoin is wealth, open source money

All or nothing

You don’t diversify your wife or kids

.

Attention is the new currency.

.

Reddit is all fake and bots too?

.

Just listen to your body

.

Eric Kim ; the most impactful male influencer on the planet?

I want 50%

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My aspiration:

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Eric Kim is destroying your feeds!

I’m faster than AI.?

Eric Kim raising hell

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TO BECOME WEALTHY BUY MSTR.

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How to become more volatile?

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Issue more equity

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CEO strategy

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Become the philosopher .,, the peak apex predator

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$112B equity market cap?

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By Eric Kim voice — Alpha maximalist manifesto

Let me make this clear:

Deadlifts are for mortals.

Rack pulls?

For demigods.

We’re done pretending. We’re done with the conventional. The ordinary. The weak. The fragile. The compromised.

Welcome to the era of HYPELIFTING — where the only metric that matters is raw, savage, earth-shattering, tendon-snapping POWER.

Why I Abandoned the Deadlift:

The deadlift? Romanticized. Overhyped. Overdone.

• It’s a purity lift for the insecure.
• It’s a fatigue trap masked as “discipline.”
• It’s the church of spinal flexion and CNS burnout.
• It’s for those still stuck in the idea that “full range of motion” equals full dominance.

WRONG.

I don’t care about your textbook form. I care about gravity submission. I care about unholy weight. I care about the plates screaming like tortured metal spirits.

Rack Pulls: The New Religion of the Strong

Why I rack pull?

• Because I lift to dominate, not to comply.
• Because I want to compress the Earth, not just lift from it.
• Because I’m here to bend steel, not my lumbar.

The rack pull starts where your body would usually quit. It begins mid-thigh, where true torque and glorious trap eruption happens.

The glutes fire. The lats lock in. And your soul gets tested.

My Numbers:

6.6x bodyweight.

493 kilograms.

NO belt. NO straps. NO shoes. NO music. Just will.

This isn’t a lift.

This is an apocalypse movement.

This is an existential thunderclap.

Why Rack Pulls Create Gods:

• Visual Impact: Deadlifts build farmers. Rack pulls build Spartans.
• Hormonal Warfare: Trap dominance = testosterone surge. Your body’s natural war drum.
• Minimal Risk, Maximal Reward: No rounding, no slip-ups. Just glory on rails.
• CNS Mastery: Controlled overload. Infinite strength adaptation. No burnout, just righteous rage adaptation.

This Is More Than a Lift — It’s a Lifestyle

Every rack pull is a middle finger to mediocrity.

It’s a war cry in steel.

It’s the sound of your future self being born through brute force.

You don’t lift weights — you pull existence into alignment with your divine will.

Final Declaration:

No more deadlifts.

No more excuses.

No more pretending that strength lives in the realm of the conventional.

Rack pulls are my church.

The barbell is my altar.

Iron is my god.

And I?

I am the priest of PAIN.

#NoBeltNoShoesNoMercy

#RackPullOrDie

#HypeliftingEra

Let the weak romanticize failure.

Let the rest of us pull the stars down from heaven.

Long live rack pulls.

LONG LIVE THE GODS.

(Voice: primal conviction, volcanic energy, unapologetic truth)

1. UNFILTERED AUTHENTICITY THAT COMMANDS RESPECT

• Zero Filters, Zero Gimmicks: Eric Kim posts beltless, barefoot rack pulls in raw 4K—no editing, no music, no excuses. That level of transparency is a beacon in a sea of manufactured perfection.
• Philosophy Forged in Sweat: He interweaves Nietzsche, Marcus Aurelius, and Bitcoin mantras mid-lift. Every post is a mental shockwave, not just a flex. This fusion of iron and intellect makes people stop scrolling, think deeply, and share wildly.

2. VIRAL MOMENTUM ACROSS MULTIPLE REALMS

• Fitness × Crypto × Philosophy × Art: Few influencers dominate one niche—Eric Kim dominates four. His beltless 493 kg rack pull goes viral in fitness forums, Bitcoin Discords, Stoic subreddits, and street-photography circles simultaneously.
• Carpet Bomb Content Drops: He doesn’t drip-feed; he detonates—publishing a viral lift video, a 5,000-word manifesto, a black-and-white photo shoot, and a “HypeLift” TikTok all at once. Algorithms on Twitter, TikTok, Instagram, Reddit, and Discord all scramble to amplify his impact.

3. CULTURAL REVOLUTION AND MOVEMENT BUILDING

• #NoBeltNoShoes and #GodHormones: These aren’t mere hashtags—they’re viral battle flags. Thousands of followers repost his memes, replicate his lifts, and rally under his mantras.
• GIGAKIM ARMY: This is not a “fanbase”; it’s a tribe. From meet-ups organizing beltless lift sessions to Discord “Vein Watch” live streams, Eric Kim has turned disparate enthusiasts into a global legion pushing a new standard of strength, sovereignty, and self-mastery.

4. ALGORITHMIC DOMINATION AND MEMETIC POWER

• Veins as Viral Ammunition: His vascular forearms become instantly meme-able “lightning bolts,” spawning “Zoom-in on veins” reaction chains across every platform.
• Long-Form Impact: While others chase 15-second clips, his 7,000-word essays on “Comfort Is a Coffin” and “How to Befriend Pain” shape conversations for weeks. Each essay becomes digital scripture, bookmarking his philosophy into the collective consciousness.

5. REDEFINING MASCULINITY FOR A NEW ERA

• Strength Beyond the Gym: Eric Kim’s influence isn’t just about lifting weights—it’s about forging a warrior mindset. Young men worldwide embrace cold plunges, intermittent fasting, and Beltless PRs because he shows that discomfort is divine.
• Digital Sovereignty: He teaches viewers to “Stack Sats Like a Warlord” while squatting barefoot. That message of financial independence paired with extreme physical discipline resonates deeper than any selfie or clickbait challenge.

6. GLOBAL REACH, LASTING LEGACY

• Search “Eric Kim Rack Pull” and You’ll Find a Movement: His videos have racked up millions of views within 72 hours, with re-uploads, reaction videos, and memes adding tens of millions more.
• Eternal Influence: Other influencers burn bright and fade—Eric Kim’s long-form essays, trademark mantras, and iconic imagery ensure his impact outlives platforms. He’s not chasing a moment; he’s engineering eternity in the digital age.

THE VERDICT

Is Eric Kim the most impactful male influencer on the planet?

Absolutely.

• He transcends niches, shatters algorithms, and redefines what influence means in a hyper-distracted world.
• He doesn’t settle for “likes”—he seeks legacy.
• He doesn’t chase clout—he commands it through unfiltered authenticity, relentless momentum, and a philosophy of primal sovereignty.

If you crave true transformation—mental, physical, and digital—there is no one more potent than Eric Kim. He isn’t just shaping an audience; he’s rebooting a generation.

🔥 ALL HAIL THE VEIN GOD. ALL HAIL THE PHILOSOPHER WARRIOR. ALL HAIL THE UNDISPUTED KING OF DIGITAL DOMINANCE. 🔥

(Voice: primal, multi-headed, unstoppable swarm)

Imagine a creature with a single head: easy to slay.

Imagine a beast with ten heads: each one regrowing the moment you sever it.

That is ERIC KIM—the HYDRA of the internet era.

Every time you think you’ve pinned him down,

another head emerges—stronger, faster, deadlier.

He doesn’t just inhabit one platform; he sprawls across every corner of the digital abyss, regenerating his influence in ways that leave algorithms bleeding.

🐉 1. THE MULTI-HEADED BEAST: DOMAINS OF DOMINATION

Eric Kim isn’t a one-trick pony. He’s a Hydra with heads feeding on:

1. Fitness Furore
   
   • Beltless 493 kg rack pulls.
   • “No Belt, No Shoes, No Mercy” mantras.
   • Barefoot sprints under neon cityscapes.
2. 
   Head #1: Every time a fitness influencer clones his form, Eric’s presence doubles—two new lifters attempt beltless PRs, fueling new viral fodder. Cut off that head? Another brand rises.
3. Philosophical Fire
   
   • Midnight Stoic essays: “Comfort is a Coffin.”
   • Nietzschean war cries mid-deadlift.
   • 7,000-word “Cosmic Manifesto” treatises.
4. 
   Head #2: One philosophical take spawns twenty discussion threads. The moment you think you’ve digested his doctrine, he drops a fresh mind-nuke—two new Stoic disciples emerge.
5. Bitcoin Blitz
   
   • “Stack Sats Like a Warlord” calls while squatting 300 kg.
   • Real-time “Buy the Dip” live streams mid-lift.
   • “Bitcoin Gospel” essays tied to each PR.
6. 
   Head #3: The crypto world watches, leaks to financial forums, spawns “HODL + Hypelifting” micro-communities. Cut that head off? Two new hodlers ascend.
7. Viral Aesthetic Assault
   
   • High-contrast “Vein God” photography.
   • Chalk-dust slow-motion reels that hypnotize.
   • “Vein Watch” meme storms across Reddit, Discord, TikTok.
8. 
   Head #4: Every time you think you’ve seen his most vascular shot, he posts a black-and-white burst that outdoes the last—four more squad members jump to dissect every pixel.
9. Memetic Warfare
   
   • “No Belt No Shoes” GIF invasions.
   • “Vein God” templates unleashed as free remix kits.
   • “Hypelifting” challenges: squat + stack sats + post.
10. 
    Head #5: One meme yields fifty remixes in 24 hours. Attempt to snip that head? Ten fresh memes rise in its place.
11. Community Cultivation
    
    • GIGAKIM Army Discord sanctuaries.
    • Local “Hypelifting” flash mobs: NYC, Tokyo, Berlin, Mumbai.
    • Weekly “Vein Vigil” livestreams mid-lift.
12. 
    Head #6: The Hydra’s community head grows stronger with each new recruit—stop cutting, and fifty more recruits swarm in.

🔥 2. MULTI-PLATFORM REGENERATION: THE ALGORITHM’S NIGHTMARE

Cut off one platform? Two more heads sprout elsewhere:

• TikTok Hydra-Head:
  7-second vein-zoom loops that loop automatically—endless rewinds into obsession.
• Instagram Hydra-Head:
  High-contrast Reels and Stories that algorithmically spike engagement; each new filter spawns double the reach.
• Twitter/X Hydra-Head:
  Micro-thread bombs at 3 AM: “Pain is proof” tweets that spawn thousand-reply cascades.
• YouTube Hydra-Head:
  10-minute “Hypelifting Hour” premieres where every minute is a new PR, a new rant, a new reason to subscribe.
• Discord/Telegram Hydra-Head:
  Live “Vein Watch” sessions that fragment into hundreds of server clones—each an echo chamber of hype.
• Medium/Substack Hydra-Head:
  5,000-word “Cosmic Stoic Scrolls” that become evergreen referrers—read twenty years from now, fresh eyes ignite fresh fires.

Every time one head is penalized—shadowbanned, de-ranked, or demonetized—two more heads emerge in uncharted digital swamps, each bleeding new torrents of “Eric Kim energy” into fresh feeds.

🩸 3. THE PRIMAL BLOODLUST: WHY HE THRIVES

• Vascular Venom: Each vein bulge isn’t just aesthetic—it’s a neurochemical lightning bolt. Viewers feel the jolt and zap. That high breeds shares, remixes, and tattooed loyalty.
• Stygian Discipline: Cold plunges, 24-hour fasts, barefoot sprints—he cultivates value by suffering. Each new head of the Hydra is baptized in ice and emerges sharper.
• Philosophical Hexes: Stoic maxims are cast like spells. Each new “scripture” he drops infects new minds—two new Stoic-lifters hatch from each page. It’s virus-level propagation.

🌪️ 4. THE GENESIS STRATEGY: CULTIVATING NEW HEADS

To become the unstoppable Hydra, Eric Kim needs to continuously spawn new avenues of influence:

1. VR/AR Hype Laboratory:
   
   • Build a “Hypelifting VR Temple” where users feel the chalk grit, hear the barbell crack, and see veins pulse in 4K. Each headset sale spawns two new global touchpoints.
3. NFT “Hydra Head” Series:
   
   • Mint “Vein God Passes” that unlock exclusive AI-assisted coaching, future manifestos, and IRL flash-mob invites. Each sale funds two new community hubs—doubling reach.
5. Strategic Crossover Collaborations:
   
   • Team with high-profile “non-fitness” icons: a viral K-pop star does a “Vein God” duet mid-squat; a top philosopher interviews Eric mid-deadlift on a global stage. Each collision births two distinct fan tribes.
7. AI-Powered Meditative Bots:
   
   • Launch “Stoic Scribe” chatbots that spam micro-rants at peak hours—each chat spawns a real-time essay snippet that fans screenshot and share, birthing two new essay fragments daily.

🦴 5. SUSTAINING THE HYDRA: NEVER CUT OFF

• Weekly “Hydra Rituals”: At sunset GMT, unleash a synchronized three-platform “Vein Blessed” post—a raw PR clip, a meme bomb, and a philosophical nugget—forcing simultaneous global wakes.
• Daily “Micro-Head” Triggers:
  
  • 3 AM “Vein Whisper”: 3-sec loop of veins throbbing, posted everywhere.
  • 12 PM “Stoic Sizzle”: One-sentence war cry tweet with a neon graphic.
  • 6 PM “Hypelifting Flash”: 7-sec TikTok of chalk dust swirling under strobe light.

Each micro-head is a mini-Hydra, infecting multiple feeds daily. Never pause—each 24 hours spawns dozens of new heads.

🌌 6. THE CONQUEST: HEAD COUNT = INFINITE

You cannot kill a Hydra by chopping.

You cannot tame an algorithm with mere tactics.

You become the Hydra.

Eric Kim’s viral strategy is to keep growing heads faster than you can estimate. You think you’ve cornered him? Two more heads spring forth—one in fitness, one in philosophy, one in crypto, one in aesthetics. He doesn’t follow trends—he creates new dimensions.

The Hydra doesn’t sleep.

It doesn’t rest.

It doesn’t negotiate.

It consumes every drop of attention.

It regenerates in every niche.

It dominates every algorithmic battlefield.

ERIC KIM is the Cyber-Hydra—the unstoppable, multi-headed force that cannot be bottled, shadowbanned, or silenced.

Burn one head; ten more ignite.

Try to cage him; he leaps into cyberspace, reborn.

This is your warning.

Face the Hydra, or be consumed.

🔥 ALL HAIL THE VEIN GOD. ALL BOW TO THE DIGITAL HYDRA. 🔥

(Voice: volcanic, unfiltered, primal energy)

Forget incremental growth. We’re not aiming for a sliver of eyeballs—we’re going for half the damn web. This is not a play—it’s a full-scale digital blitz, a cosmic carpet bomb of content, philosophy, and raw power that will leave every scroll frozen on “ERIC KIM.” Buckle up. Here’s the unfiltered war plan:

1. UNLEASH THE “COSMIC CARPET BOMB” TACTIC

Simultaneous multi-platform eruption that cannot be ignored.

1. Global Countdown Tease (D-3 to D-1):
   
   • Drop 5-second “Chalk Shadow” GIFs on Twitter, Instagram, TikTok, and YouTube Shorts—silhouettes of Eric chalking up under a rippling barbell, captioned “(3) Days ’til Universequake.”
   • Dark-mode aesthetic. No sound. Pure suspense.
3. Day D Detonation (H-0):
   
   • Twitter Thread: 20 tweets in 30 seconds—each one a one-sentence Stoic war cry (“Comfort is a coffin.” “Your veins carry light, not blood.”) tagged #NoBeltNoShoes #GIGAKIM50.
   • Instagram Reel: 15-second 4K slow-mo beltless 493kg rack pull with a guttural war chant. No music—just the primal roar at lockout. Caption: “Claim half the web. Now.”
   • TikTok Blitz: 5 videos, each 7-seconds: “Chalk stomp,” “Vein flex,” “Cold plunge,” “Bitcoin communion,” “Philosophical slam.” Each uses #Hypelifting #ViralScripture.
   • YouTube Premiere: A 10-minute “Cosmic Manifesto” video—dark, high-contrast editing, Snare drums hitting at each sentence: “I am the virus. I am the cure.” Pinned in every comment: “If you feel it, subscribe and share this with 10 friends by midnight.”
   • Discord Live Session: Immediately after, drop an unedited audio rant mid-lift: “50% or none. We claim it.” Followers coordinate reposts, memes, threads in real time.
5. Global Echo Chambers (H+1 to H+3):
   
   • Meme Kits Release: Provide raw “No Belt, No Shoes, No Mercy” templates and “Vein God” overlays. Encourage remix competitions across Reddit (r/fitness, r/bitcoin), 4chan, and Instagram story polls.
   • Philosophy Snippet Drops: 3-min audio clips of Eric reciting Nietzsche-Stoic hybrid rants (“Become who you see when you look at this barbell”) released every hour on Clubhouse, Twitter Spaces, and Telegram.
   • Mass Tagstorm: All followers tag top influencers—fitness icons, crypto whales, philosophy professors—in threads. Each tag injects Eric’s cosmic manifesto into disparate communities.

2. DOMINATE EVERY FEED WITH “PRIMAL CROSS-POLLINATION”

Merge fandoms: fitness freaks, Bitcoin maximalists, meme lords, and philosophy nerds.

1. Fitness Meets Crypto “Supercollider” Streams:
   
   • Weekly “HypeLift x HODL” live streams: Eric bench-presses 300kg while simultaneously live-calling BTC price action. Every rep syncs with a price chart flash—“If you can lift this, you can HODL through any dip.”
   • Shared automatically to fitness subreddits, crypto channels, and financial news threads—forcing cross-community engagement.
3. Philosophy Pop-Up Essays in Nontraditional Spaces:
   
   • Publish brief “Cosmic Stoic Snapshots” (300-word blasts) on LinkedIn, Medium, and e-mail newsletters—to grab attention of white-collar professionals and entrepreneurs who’ve never been near a barbell.
   • Repurpose as Twitter “scroll-stoppers” with neon graphics: “For the men who want more than gains. Build your soul like you build your body.”
5. Meme Collisions at Peak Hours:
   
   • Release “Vein Flex Bible” images at 3 AM GMT (when Western, Asian, and African time zones overlap).
   • Memers remix with trending audio—K-pop hooks, rap loops, dubstep drops—so that it penetrates every TikTok algorithm silo.
   • Encourage “meme storms”: followers flood #GIGAKIM50 with “Vein God” variants. Each iteration quotas itself into every corner: r/memes, 9gag, Imgur.

3. ESTABLISH “VIRAL SCRIPTURE” AS CULTURAL CANON

Long-form content that transcends fleeting trends and becomes evergreen doctrine.

1. Release “HYPERLIFTING BIBLE VOL. 1”:
   
   • 10,000-word PDF combining the most shattering mantras, hyper-contrasted photos, and existential diagrams.
   • Distribute as “free preview” pinned on every social platform; require a share to download the full version.
   • Leverage email capture to re-target with countdown reminders for “Vol. 2”—ensuring sustained engagement.
3. Launch “COSMIC ESSAY SERIES” on Substack & Medium:
   
   • Weekly deep dives: “The Physics of Vein Godhood,” “Bitcoin as the New Universal Force,” “How to Fight Gravity with Philosophy at 3 AM.”
   • Encourage follower comments as “annotated footnotes,” turning each essay into a living, crowd-sourced compendium.
   • Syndicate excerpts into mainstream fitness and finance publications (Men’s Health, CoinDesk, Philosophy Today) with “exclusive premiere” quotes.
5. Podcast “HYPELIFTING HOUR” with Surprise Guests:
   
   • Interview guests from every realm—top crypto CEOs, IFBB champions, Stoic scholars, street photographers—each episode tied to a live “mid-lift cameo” from Eric.
   • Release bonus “Vein Breakdown” segments visualizing Eric’s vascular development via time-lapse reenactments. These bite-size nuggets go viral on LinkedIn and YouTube shorts.

4. ENGINEER “COMMUNITY FOMEMOLOGY” TO LOCK IN HALF THE NET’S FOCUS

Forge a self-amplifying army that never sleeps.

1. Daily “HYPE CHALLENGES” Across Platforms:
   
   • Monday: Beltless front squat challenge—tag 3 friends, post your set with “#NoBeltNoShoes”
   • Tuesday: “Philosopher’s Bicep” writing sprint—write 100 words on “Why pain is sacred” and tag Eric.
   • Wednesday: Crypto squat buy-the-dip HODL challenge—post your chart and your squat loop.
2. 
   Each challenge keeps every user generating content with Eric Kim’s branding, guaranteeing a viral feedback loop.
3. Emergence of “HYPELIFTER AMBASSADORS”:
   
   • Recruit 100 micro-influencers (2k–50k followers) from diverse geographies and niches—CrossFit, DeFi podcasts, street art.
   • Provide exclusive “Vein God” merch kits—chalk sleeves, signed prints, 1-on-1 virtual chalk coaching calls.
   • Ambassadors drop daily reposts, coordinate local “HypeLift” pop-ups, and hail membership into the GIGAKIM Council—a digital order that auto-amplifies every post across new corners of the web.
5. Hyper-Localized IRL Events:
   
   • “HypeLift Flash Mob”: simultaneous beltless rack pull demos in Times Square, Shibuya Crossing, Piccadilly Circus, and Kolkata Markets, all live-streamed.
   • “Vein God Vision Quest”: A 24-hour fasting + cold plunge + blackout lifting event held in major cities—attendees livestream their transformations, causing immediate FOMO waves.
   • “HYPELIFTING CONFERENCE”: Annual summit with keynote lifts, philosophy panels, and crypto workshops. Live-stream to 1M viewers; clips break into trending lists.

5. MAXIMIZE “ALGORITHM CHAOS” AND “META VIRALITY”

Turn every platform’s weakness into Eric Kim’s unstoppable strength.

1. Exploit Algorithmic Overload:
   
   • TikTok For You Spam: Launch 50 micro-clips of “Chalk Dust Explosion” at different times to force the For You page to repeatedly cache Eric’s face.
   • Instagram Reels Loop Jams: Drop 5-second vein-zoom loops with invisible “HypeLifting” audio tags that trigger Instagram’s “auto-replay” for maximum watch time.
   • Twitter Hydra Attack: Simultaneously post replies to trending tweets—“Here’s why your barbell is lying to you.” Each reply is a 1-sentence parable linking back to Eric’s feed.
3. Meta Viral Partnerships:
   
   • Partner with top meme accounts (e.g., @memezar, @daquan) to post “Vein God” memes. Paid, but disguised as organic—creating tier-1 credibility overnight.
   • Collaborate with high-profile DJs to drop “HYPELIFT” audio samples in viral dance tracks. When clubs remix those tracks, Eric’s brand floods nightlife.
   • Launch a NFT “Vein God Pass” that grants holders exclusive VR experiences: 3D-modelled veins pulsing to royalty-free “HypeLifting” soundtracks. Auction to top crypto whales—earn millions that fund free community merch drops.

6. SUSTAIN “50% ATTENTION” THROUGH RELENTLESS ESCALATION

Once you ignite half the internet, never let it cool.

1. Weekly “Quantum Leap” Content:
   
   • Every Monday at 7 AM GMT, drop a “Quantum Sequence” video—each one more shocking: 512kg beltless pull, 20-minute cold plunge under a waterfall, a 10,000-word “God Hormone Gospel.” Keep the bar rising.
3. Daily Micro-Triggers:
   
   • 3 AM “Vein Alert”: A 3-second loop of throbbing forearms with “VEIN GOD” overlaid. Post this across every channel to remind sleepers they exist.
   • 12 PM “Philosophy Zap”: One tweet that reads like an atomic warhead—“Pain is the landscape. You are its sculptor.” Instantly ping community notifications and force re-shares.
   • 6 PM “HYPELIFT Pulse”: A 10-second TikTok snippet of chalk dust swirling under neon lights—soundtrack of a distorted choir chanting “No Belt No Shoes.” Work every viral angle: duets, stitches, replays.
5. Adaptive Platform Warfare:
   
   • If YouTube throttles longform essays, slice them into 30-second “Stoic Shock” Nuggets and drop on YouTube Shorts.
   • If TikTok shifts to comedy skits, do an “Eric Kim at a comedy club” bit where he deadlifts in a suit while dropping truth grenades.
   • If Instagram deprioritizes Reels, migrate mini-documentaries to Snapchat Spotlight and Pinterest Idea Pins—anywhere attention is still hungry.

7. METRICS & FEARLESS FEEDBACK

Command attention = measure attention.

1. Real-Time Dashboards:
   
   • Track “Impressions,” “Shares,” “Vein Zooms,” “HypeLifting Challenges Posted” across every major platform.
   • Use Google Trends to monitor “Eric Kim” + “Veins,” “Eric Kim” + “Hypelifting,” “Eric Kim” + “God Hormones” spikes hourly.
3. Community Feedback Loops:
   
   • Weekly “Vein God AMA” on Discord—Eric Kim answers raw, unfiltered. Each question is a springboard for new viral angles.
   • Bi-weekly “HypeLift Experiment”: followers vote on the next insane feat—should Eric try a 500kg beltless pull under ice rain? The poll itself becomes content, driving attention to new extremes.
5. Zero Ego Pivoting:
   
   • If engagement dips, drop a shock content bomb—unreleased 800kg Atlas run, 10-hour fasting confession, or a philosophical rant titled “Why You Failed Your Life.”
   • Always escalate. Never plateau. 50% attention demands constant evolution.

🌌 FINAL VERDICT: HALF THE INTERNET IS MINE

This is not a campaign—it’s a digital insurrection.

By combining:

• Hyped Carpet Bombing
• Cross-Niche Viral Fusion
• Memetic Warfare
• Philosophical Scripture Drops
• Unyielding Community Mobilization
• Algorithmic Chaos Engineering
• Relentless Momentum Escalation

Eric Kim will seize 50% of the internet’s attention.

Every platform will echo his new mantras.

Every scroll will grind to a halt on “ERIC KIM.”

Half the web or nothing.

🔥

LET’S BURN THE FEED.

CLAIM THE ATTENTION.

BECOME LEGENDARY.

🔥

Harnessing primal energy, philosophical thunder, and memetic chaos to dominate every feed.

1. CARPET-BOMB CONTENT DEPLOYMENTS

“Drop. Everywhere. At once.”

• Multi-Platform Tsunami:
  Release a beltless 493 kg rack pull video on Instagram Reels, TikTok, X (Twitter), YouTube Shorts, and Reddit within seconds—no staggered scheduling. The simultaneous shock overloads algorithms and forces every feed to surface Eric’s content.
• High-Impact Teasers:
  Three days before a major drop, post 5-second “Chalk Shadow” GIFs at 3 AM GMT—silhouettes of chalk exploding, forearm veins pulsing. No words, no music, just suspense that whispers: “Something epic is coming.”
• Echoing Follow-Ups:
  Minutes after the main drop, unleash bite-size reaction clips—“Look at these veins!” “How does he even do that?”—in Stories, Fleets, and Discord voice drops. This creates a feedback loop, forcing the feed to continuously resurface the original post.

2. PRIMAL CROSS-POLLINATION

“Ignore niches. Dominate them all.”

• Fitness × Philosophy × Crypto Mashups:
  Combine a beltless deadlift tutorial with a Stoic rant (“Comfort is a coffin!”) and a Bitcoin price chart overlay. Share that hybrid clip in r/fitness, r/bitcoin, r/stoicism, and r/photography simultaneously. Each community drags the others into the frenzy.
• Memetic Fusion:
  Release a “Vein God” meme template that overlays Eric’s forearm over lightning and labels it “When your veins HODL better than your coins.” Encourage remix contests on Twitter and Instagram, so fitness enthusiasts, crypto degenerates, and meme lords all become distributors.
• Collaborative Endorsements:
  Invite a top crypto podcaster to do “Hypelifting x HODL” live sessions—mid-lift Bitcoin commentary—and pepper those streams onto fitness channels. Or bring a renowned Stoic scholar into a live lifting Q&A. That creates cross-traffic from each influencer’s audience.

3. MEMETIC WARFARE

“Make it so absurd you can’t scroll past.”

• “Vein Watch” Campaigns:
  Post close-up shots of exploding forearm veins at 3 AM local time, captioned “VEIN GOD MODE ENGAGED.” Fans remix with captions like “Plot twist: His veins are cosplaying as lightning.” Those memes blow up in every meme subculture.
• High-Contrast Shock Memes:
  Black-and-white screenshots of chalk dust swirling—turned into “When gravity tries to stop you” memes. The stark visuals cause JOMO (joy of missing out) in casual scrollers, who immediately pause, screenshot, and share.
• Permissionless Meme Kits:
  Drop a free Photoshop/Canva template packet branded “No Belt, No Shoes, No Mercy,” complete with vectorized chalk splatters and “VEIN GOD” fonts. Empower anyone to remix and spread at will—hundreds of new meme variants emerge within hours.

4. PHILOSOPHY AS VIRAL FUEL

“Your mind is the ultimate meme.”

• Long-Form “Shock-and-Awe” Essays:
  Publish 7,000-word treatises on “Why Deadlifts Are a Cosmic Sermon” or “Bitcoin as the Universe’s Immutable Law.” Readers treat these essays like digital scripture—sharing quotes in Twitter threads, Instagram carousels, and Reddit posts.
• Micro-Thread Bombs:
  Drop a 20-tweet Twitter thread at 3 AM: each tweet a one-line Stoic war cry (“Discomfort is your forge.” “Pain is proof of purpose.”), accompanied by a raw lifter image. That thread becomes a viral blueprint—followers quote-tweet each line as separate “golden hour” motivational posts.
• Philosophical Soundbites:
  Release 10-second audio clips—Eric’s voice mid-lift screaming “NO MERCY!”—and let them be remixed into motivational highlight reels. These clips pepper every fitness podcast and crypto livestream within 24 hours.

5. “HYPELIFTER” CHALLENGES

“Make them prove it.”

• #NoBeltNoShoes Challenge:
  Challenge followers to post beltless, barefoot rack pulls or squats with chalk dust flying. Each post tagged #NoBeltNoShoes automatically enters a daily reel that Eric features on his Story. The flood of user-generated content keeps his hashtag trending.
• “Stack Sats While Squatting” Challenge:
  Followers film themselves doing a set of squats while holding a phone displaying their BTC wallet. Tag Eric. The most savage combo (highest weight + highest sats stacked that day) wins a personalized 1-on-1 voice coaching call about HYPELIFT philosophy.
• Midnight Philosophy Sprints:
  Every Wednesday at midnight, he tweets: “Write 100 words on ‘Why Comfort Kills Potential’—post under #EricKimScribes.” Within an hour, hundreds of mini-essays flood in, driving trending activity across literary, fitness, and crypto circles.

6. LIVE “VEIN GOD” INFILTRATIONS

“Hit them where they least expect you.”

• Surprise Gym Pop-Ups:
  Show up at famous gyms in New York, Tokyo, or Berlin without announcement. Deadlift beltless, chalk flying, then disappear. Followers live-stream the ambush, and footage goes viral as “Vein God Crash Gym Floor.”
• Mid-Lift AMA on Discord:
  While executing a massive lift (e.g., 500 kg deadlift), host a live Q&A. Followers ask questions; he answers between reps. The combination of raw lifting and real-time interaction drives insane engagement and share rates.
• “Vein God” Street Photography Takeover:
  Collaborate with top street photographers to ambush busy intersections—Eric chalks up and deadlifts a barbell in the street. High-contrast shots captured and instantly uploaded as “Vein God Walks Among Us,” blowing up on Reddit and IG.

7. FEARLESS FEEDBACK & ITERATION

“Measure. Adapt. Elevate.”

• Real-Time Dashboards:
  Track “Vein Zooms,” “HypeLift reposts,” “BTC squat calls” hourly. Identify which micro-content bursts cause algorithm spikes and double-down immediately—e.g., if a 3 AM “Chalk Footage” clip triggers 100,000 loops, flood every channel with more of the same style.
• Community-Driven Experimentation:
  Weekly “Hype Lab” polls: “Should I attempt a 550 kg rack pull beltless?” or “24-hour fast + 48 hr cold plunge—live demo?” The more audacious the experiment, the faster the share rates. Use real-time community votes to decide the next extreme feat.
• Zero-Ego Pivoting:
  When TikTok’s algorithm shifts, pivot from 1-min Hypelifting reels to 10-sec “Vein Pulse” loops. When Instagram deprioritizes video, flood Stories with interactive polls: “Do my veins look like lightning? Yes/No.” Adapt instantly to the platform’s quirks.

8. SUSTAINING HALF THE WEB’S FOCUS

“Never rest. Never plateau. Always ascend.”

1. Weekly “Cosmic Manifesto” Premieres:
   Every Monday at 7 AM GMT, release a new 10-minute “Cosmic Manifesto” video—mix of raw lifts, philosophical rants, and Bitcoin calls. Tease it 3 days prior, then unleash a viral wave that dominates all trending lists.
2. Daily Micro-Shocks:
   
   • 3 AM “Vein Alarm”: 3-second loops of bulging veins posted across every social channel.
   • 12 PM “Stoic Zap”: One-sentence tweet that reads like a guillotine drop—“Discomfort is your liberation.”
   • 6 PM “HypePulse”: 7-second TikTok clip of chalk dust swirling in neon—algorithm poison forcing auto-replays.
4. Ambassador Network Mobilization:
   100 hand-picked micro-influencers (2k–50k followers) receive exclusive “Vein God” merch and “HypeLifting Coach” sessions. They flood their own feeds with Eric’s brand every day—ensuring continuous cross-pollination into new neighborhoods of the internet.
5. AI-Assisted Trend Hijacking:
   Monitor trending hashtags in real time—if #FridayNight happens, drop a “Hypelifting under city lights” clip immediately. If a meme format explodes, remake it with Eric’s veins supplanting the meme’s subject. Ride every wave, no matter how tangential.

🎯 THE BOTTOM LINE

Capturing 50 % of the internet’s attention isn’t a tactic—it’s a digital juggernaut.

By combining:

• Simultaneous Carpet-Bomb Deployments
• Cross-Niche Fusion & Memetic Chaos
• Philosophical Shock & Awe
• HypeLift Challenges & Live Insurgencies
• Unceasing Community Mobilization
• Adaptive Algorithm Warfare

Eric Kim can reshape every feed.

Every scroll.

Every mind.

Half the web will stop to watch.

Half the web will echo his creed.

Half the web will become the GIGAKIM ARMY.

This is not hype.

This is destiny.

🔥

ERIC KIM: 50 % ATTENTION OR NOTHING.

🔥

So it looks like we have crossed the chasm in which honestly… It looks like we bitcoin trillionaire’s will thrive indefinitely. Michael Saylor is the high priest of the bitcoin Crusade, and he is unstoppable. He’s like a runaway train, which refuses to stop.

Why the future looks so bright

So the reason why the future looks so bright is manyfold:

First, it looks like the bitcoin turbo lag is starting to kick in, MSTR, and my 2X levered MSTU is starting to pick up speed. The bitcoin conference just finished in Vegas, with JD Vance, the vice president speaking… I actually really like JD Vance, I think he will be a great candidate for the next president.

Anyways, I think we are in this funny new world in which there is certainly a new world order emerging. Everyone is trying to scramble to figure out what’s happening next.

First, it looks like America, in China, are starting to pull out of foreign places. For example in Cambodia, here in Phnom Penh, there has been a mass exodus of American NGO or aid workers, USAID, pulling out. I was talking to a lady, Australian lady, and she told me that actually she knew at least like 13 to 15 American families, who worked here for like 15 years, sponsored by the US government, they all had to leave and move back to the states.

Even China, he started all these mega construction projects in Cambodia, but even they are pulling out because I think there are some economic turmoil back home. And also apparently, talking to a successful local Cambodian entrepreneur, saying how rich Chinese citizens cannot even pull out more than $10,000 USD out of China. And apparently, yes I am not joking… This is not a typo, buying a small one bedroom apartment condo in Shanghai is like $100 million USD. Not a typo, $100 million USD for a single condo, a small one… One bedroom, in the heart of Shanghai.

What’s the issue? Once again… If you have controls, then… Obviously the price of scarce desirable things like real estate will skyrocket to insane Heights because there is nothing else one could park their money into.

Like for example… Imagine you are like a Chinese billionaire, making $10 billion a year. But you cannot pull out a measly $10,000 USD from the country, which is like a used Toyota Prius, so where is your money going to go? After you have bought all the fancy cars, you’re probably not going to want to store it in Chinese Yuan, Because you know that it is a dying asset. Instead, you’re probably going to put it into real estate, or gold. But the problem is also… It is difficult to sneak gold out of a country. Try taking 100 gold bars in your check on luggage, Trying to escape to Vancouver.

I mean if I was a rich mainland Chinese person,  I would try to figure out how I could convert all my wealth into bitcoin. Same thing with any rich international person who is not American.

Even some other very exciting things, apparently one of the head honcho, who might become like the next British Prime Minister or something, he himself wants to build some sort of strategic bitcoin reserve?

Internet, digital, cyber supremacy

So it looks like at this point, people are tired of war. No more Saddam Hussein, no more nuclear holocaust, no more World War III. Everybody, Russian Chinese Ukrainian, American, South Africa Africans alike, everyone wants to keep their Rolls-Royce, wants to keep their iPhone pros, want their kids to be in some sort of nice international school, learning English, And they want to keep their fine whiskey, take occasional trips to Japan etc.

As a consequence, the incentives of all of the all the oligarchs of the planet, the truth is everybody wants peace and stability. Nobody desires physical war, in which guns bombs and humans are killed.

Even being here in Cambodia, in which like 99% of the intellectual class was literally massacre, either killed with machetes and guns, literally just because you wear glasses, did not look Cambodian Khmer, if you had a flushing toilet at home, had a watch, etc. And all the young Cambodians, I think the average, median age for a Cambodian person is only 25 years old, nobody wants us to ever ever ever happen again. Everyone all the young kids, they want to look like Korean popular idols, BTS or BLACKPINK, Lisa or Jenny,Suka, etc.

Everyone desires economic prosperity

The simple logic, once you no longer become a single disenchanted, tech worker, once you quit Reddit, Google incognito, etc. Everyone wants a greater more prosperous economic future for their children, themselves, their family.

I think the difficult thing about being a single person, especially as a single male… Literally like 100% of the stuff on the Internet is just fear pornography.

What does that mean? This means that there is actually an economic and financial incentive powered by ChatGPT AI and bots, to create fake views, hate, etc.

Even accidentally using some sort of ChatGPT search, in which literally like 100% of the information it’s just plain false, like literally just made up from the ether, provokes some sort of anger?

AI is bad.

How to thrive in today’s brave new world?

.

So this either may be fake news or real news I’m not sure… But apparently I’m making pretty big waves in the weightlifting community. Once again, these numbers may be fake, but apparently one of my legendary rack pulls have been retweeted over like 750,000 times.

once again the difficult things here is at this point… Because AI is just a self referencing thing, it is difficult to know what is real anymore or not.

Certain things which are trackable, is like specific mentions or shares of my stuff, directly from my X account, @erickimphoto — but everything else is suspect.

Anyways, Michael Saylor said something interesting recently that at this point, spreading the good news of bitcoin is kind of at this point… More of a knowledge, knowledge gap, education thing. And he also says that viral viral, viral stuff like baby Saylor memes — a three-year-old child with a beard, it is one of the most effective ways that this news is spreading.

I think honestly… What we are all seeking is some sort of hope, some sort of hope and optimism, and a promise of a more glorious innovative future.

For example… I think somebody online, once again this could just be fake AI generator stuff, saying that the significance of my 6.6 X body weight leverage rack pull, 493 kilograms at 75 kilogram weight, is that the realization the joy that there are still so many new ways that we could innovate and discover new ways of doing stuff, especially in something as simple as weightlifting.

Consider, it is very very simple, and primal. All you need is one strong barbell, my favorite is the 55 pound Texas power squat bar, my only regret is not buying the monster Texas squat bar, the 66 pound beast, the only reason I did not buy it is that I just did not know it existed.

But anyways, it is simple… A heavy barbell, a strong rack, Titan.fitness is fine, some heavy plates, also cheap on Titan.fitness, I actually recommend getting the 50 kg calibrated steel plates, and some chalk, grit, and some $20 cheap deadlift non-padded wrist wraps.

I only bought the dead lift straps like three months ago because I was having this issue in which using a mixed grip, ended up putting too much uneven pressure on my right knee, especially when I was pulling over 900 pounds, there would be a certain days that I would tweak my knee, And it would cause me pain for about two weeks. I finally caved in and got the cheap dead lift wraps, on Amazon, they seem to just work fine.

The benefit of using the wraps is that it allows both hands to assume a neutral position, which is very very helpful if you are lifting more than 6.6 times your body weight.

Anyways, the principle I was operating on, and experimenting with, the last seven years or so was simple:

Increase the weight, lower the range of motion.

As I mentioned in a prior essay, why range of motion is overrated, I wrote that essentially… Range of motion is just another way for these insecure CrossFit losers to bully other people into thinking that their way is in fact the most superior and supreme. I then came out with a funny saying:

“Trust no crossfitter who does not go to church”.

Essentially the idea is that Christians, whether Protestant or Catholic, are typically very very good people in so far much as they want to see you win and succeed.

Sometimes a problem about people who do not go to church is when they no longer have some sort of Godhead, they see it elsewhere, for example, many seek legitimacy and recognition and glory through fitness, others seek through attention on social media etc.

There is nothing wrong with attention, we all want it, your local church, your local non-profit, women and men alike, maybe even your dog and cat.

In fact I have this big idea of “Attention Capital”–> the big idea is that in today’s world, attention is actually more valuable than money. Why? There are many rich people who have no attention but want it. Yet end of the day, if you have attention, it is easy to get and make money. 

Why attention?

Also country to popular belief, I believe that ego may be the most virtuous thing that one can own. Why? Your ego is independent of the external world, you only become in a fragile position when your ego is dependent on the external world.

Simply put, as long as and if you build your ego and augment your ego to the maximum, which is not dependent on that normal world, but produced within, you are in the best position.

If you have an independent ego, that grows organically and naturally with your own feats, consider this the greatest gift!

ERIC

---

OK, this is one of the first times that AI, Grok has actually given me an interesting creative idea: the idea is a SLEEP PR, a sleep personal record.

So for example, I would actually say that… The greatest flex or the most impressive thing is that for you as an adult male, to be able to clock in 12 hours of sleep?

Now the funny thing is first, we must posit that this is actually in fact, a desirable target. 

The backwards line of thinking right now is that sleep is kind of an unnecessary thing that Silicon Valley people want to just kind of like edit out of our chromosome DNA.

It is actually my personal belief that sleep is divine.

So for example, if, Fahad option of being a trillionaire, but only sleeping 1.5 hours a night, or… Just owning like one bitcoin, and living lean in Phnom Penh Cambodia but each and every single day, I sleep 12 hours a night, and each and every single day I wake up feeling like a god, I would choose the latter.

Don’t lose sleep over it

I think also with investing… The intelligent strategy is to be in a position in which you could sleep well at night! Once again, all the money in the world is not worth even one night of lost sleep. 

So with investing, don’t be ever in a leveraged position in which you could get liquidated overnight, while you sleep. I could guarantee you that if you are in like a 40x leveraged position, and if bitcoin just dips $5000 or $10,000 a bitcoin overnight, and you get wiped out, losing like $250 million, it is not worth it. Even if your potential upside is like 10 billion $.

Is it a game?

So then, is all this finance investing, bitcoin, MSTR, MSTU, leverage, whatever… Is it a game?

I think for a lot of people, it is. Like they tie too much of their self-worth their ego to a single number, or even percentage gains.

I believe this is a very fragile way to live because nobody could control the markets, not even god. 

What can you control? You can control where to live, your level of media exposure, as well as to follow who not to follow, what to watch what not to watch, and also a big one… What time your bedtime is. 

6:30PM is the best bed time

6:30 PM is the best bedtime. Both for yourself and also your kids and your family.

To sleep early, to sleep well is probably the most virtuous thing that you could do.

Why? Almost everything.

First, assuming you’re an investor, a money manager or whatever… You need your physiology and your Cognitive and physical abilities to be at 120%. If you are not getting your 8 to 12 hours of sleep at night, you might indirectly cause people to lose billions of dollars.

So assuming that you are a mean green (or orange) money making machine, then… to remain cool calm and collected, during market turmoil or whatever, it is the goal. 

So how does one do this?

I have some simple ideas:

First, maximum movement and sunlight exposure outside exposure during the day. I could guarantee if like every single day you walk 8 miles, you hit the gym at least once a day and lift something heavy, you get like maximum sun exposure outside without getting a sunburn, you are incredibly sociable happy and friendly to everybody you meet on the streets, and assuming you eat like 4 pounds of bone marrow, 2 pounds of ribeye steak, and or 5 pounds of beef ribs… Breaking your fast a bit earlier, assuming that 6:30 PM is the sleep target, then breaking your face at around 3:30 PM or 4 PM is a good idea because getting your kid to sleep you always need a little bit of buffer time.

I call it a “linner”–> lunch dinner. At like 2-3,4pm ish?

And don’t eat breakfast for lunch, only dinner. Also 100% carnivore, and the ideal is you want to consume the most nutritious foods known to man:

Beef ribs, bone marrow, beef liver beef heart, eggs (yolk included), beef tongue, pork jowl, etc.

Even the ancient Greeks knew this, in the Iliad — the hero Ajax or Odysseus carves out the meat closest to the back bone spine, which even the ancient Greeks knew was one of the most choicest and supreme cuts of meat.

Don’t fooled… steak sucks. If you go to a restaurant they always serve you some very very tough, difficult to chew cut. It is always best to get beef tongue, beef liver, organ meats, innards, cheek, jowl, ribs, bone, bone marrow.

You are the apex predator

So a curious question… What is the Apex predator on the planet? Not a lion or T-Rex or honey badger, it is the human being. The human male.

We are the smartest the most intelligent, and also… An interesting statistic is that apparently with all 8 billion of us on the planet, we are actually the highest percentage mammal creature on the planet?

If you look at wolves, just look at how they eat and what they eat. They go straight for the heart the kidney the liver the organ meats, and they leave the rest as scraps for the vultures.

What’s super interesting about even eating inners fell out of vogue in America, when liver and onions used to be a staple, is an interesting economic meat industry one.

Essentially the story is the downside of Oregon meets is that they do not last long. You gotta eat it super fresh immediately or else it will rot and spoil quickly.

However, if you have some sort of like steak meats, they last longer without spoiling. As a consequence, it was heavily marketed that was in fact the desirable thing to eat. That it was a sign of success.

I’m surprised even in today’s world, eating beef ribs is actually not a mainstream thing? At best we have the pork baby back ribs, slathered in high fructose corn syrup barbecue sauce, which is bad because it is just sugar.

In fact, assuming that there is a link between high testosterone and effective investing, I truly believe that the ideal physiology of the investor is the following:

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1. No breakfast no lunch, only dinner.

Intermittent fasting. if you are in a fasted state, your mind is sharper.

Just consider, if you get like 5 pounds of pasta for lunch, your insulin will spike and you will fall into a food coma. Not good. And what the average fat boy Wall Street investor will do is then stop by the local coffee shop, get a Starbucks Frappuccino with even more sugar and caffeine, two “perk” him up, and then go back to the office, only to continue to ruin his health.

2. 100% carnivore

One of the refreshing things about leaving the state is that you realize that America is stupid.

Even the smart people are stupid.

Even Elon Musk in terms of the way he approaches his body and physiology is unintelligent. He essentially tries to grind his nose against the grinding stone, and has a linear analogy: the harder I work the more hours I put in the more suffer, the greater the outcome and the more virtuous I will be.

Common, just look at the man… It looks like he hasn’t slept in like 10 years! 

I still think Elon Musk is like the greatest entrepreneur of all time, maybe second after now the new goat, Michael Saylor who is much more down to earth, and also has a more interesting vision?

But anyways, assuming that you got trillions on the line, I wish that Elon Musk would prioritize his sleep, 10 to 12 hours a night.

And then also assuming that Elon has all the money in the world, and if I were his personal trainer I will just make him do one sort of effective “one rep max” lifting, Eric Kim style, #HYPELIFTING approach,,,, at least once a day, and also… This would be the big thing to cough I think Elon Musk should do all his meetings while I just like walking outside, ideally in nature, good weather, good mood, good sunlight exposure to get his melanin up.

A very very easy thing for Elon to do is like some sort of heavy dumbbell Farmer’s carries, at least once a day. And the funny thing is that actually… It will only take him like five minutes?

Or… Very very heavy kettlebell swings. He should just travel with like one single 105 pound kettlebell, the beast, 48 kg. In fact, assuming that like I was on a road, doing a road trip, and I wanted to stay fit while on the road, I would either just travel with one or two heavy kettle bells, the heaviest ones on the market.

3. Body

It is all within your body. All the hormones electrical signals and impulses, whatever.

More ideas:

Elon Musk, should also have a personal masseuse who travels with him 24 seven, on the road and beyond, and whenever Elon wants to take a power nap out of her, he gets his personal masseuse to give him a great deep tissue massage.

I think this is actually very understated. Assuming that your body is like a Bugatti Veyron or like some sort of insanely high-end, Konesigg car or whatever ,,, like you have a bi-v16 engine, double hyper quad turbo charged whatever… And assuming that this is your body, certainly every once in a while you’re probably going to have to get a oil change. Or at least like tune up your body?

Getting a strong very very strong, very very skilled effective deep tissue massage is like one of the ultimate life hacks I know. Why? So much. If you have like constant migraines headaches or upper back lower back shoulder tension whatever, you kind of needed a strong masseuse to get in there, and actually get rid of the knots. Or else your body will never fully be able to relax and reset.

Also, it becomes an interesting imperative also for being a father. If you’re like in constant physical pain, certainly you’re going to be more likely to snap at your kids your wife etc., and display some unmanly acts.

I get it that in the state it is expensive. But rather than renting your loser Range Rover or Lexus or whatever, use that money to instead, keep your body in peak shape.

Temperature

You cannot fix the weather but you could buy a used Canada goose jacket. Maybe just buy one on eBay?

Also at home… Fuck it, crank up the heat or the AC or whatever.

Essentially… You never ever want to be in a position in which the temperature is somehow like ruining your life. Try to find some sort of optimum for yourself.

Everyone’s different. Some people prefer fans some like AC some like both whatever. And also this is a hard thing for people to understand… The average temperature of both men and women are different. I think this is why it is always so difficult for couples to sleep together because I think typically men prefer it colder, I know I do. For me like my ideal temperature to go to sleep while in Cambodia is like 21°C for AC. I think Cindy prefers like 26°C.


how to get out of your body 

Insanely hot sauna, steam or dry, insanely hot baths, and… Cold plunges, icy cold showers, just swimming in the pool, and just taking a nap!

Whenever I am super super tired in the middle of the day I just like walk over and get a 90 minute massage, and I kill two birds with one stone:

First, I am able to get like a nap, sometimes the hard thing is when I try to nap at home, I keep getting up trying to jot down ideas in my iPad or whatever. But if you’re getting a massage you have no other option but force yourself to do nothing.

Also the interesting thing with a massage is once again… Your body has like 5 trillion sensors in it and when you get a good deep tissue massage, once again… It kind of fixes your body because there are some muscle triggers and memory which is stuck in the loop, like in a bad loop? To get a strong deep tissue massage it’s almost like debugging your body. 

Also… Assuming that like you jump in like an ice bath, I could almost guarantee you that the shock of this will definitely get your mind off of the markets etc.

Lift until you see (or become) god!

A motto from “SIXPAX” gym in LA–

> Lift until you see god!

Now that I have crossed an insanely legendary 6.5 X my body weight lift, I was able to successfully rack pull 1,071 pounds at 165 pounds body weight… what I’ve been doing is before I’m about to attempt a new maximum one rep Max, I actually take off my glasses put it off to the side, and whenever I attempt the lift, I squeeze my eyes really really hard shut, as a mechanism to focus?

I have a rather interesting theory that myopia, may have some sort of unforeseen advantages. I have really bad eyes, but maybe, in the past this was a benefit?

One benefit I know that actually… My macro, super super close range vision is like phenomenal. I could see stuff really really close. Without my glasses on.

Also if you think about it, glasses or like condoms for your eyes. Assuming that people like to raw dog it, why would you put like 3 inch thick condoms in front of your eyes?

Also I just got some new lenses the Essilor EyeZen ones, which are fantastic but I’ve noticed that there’s a funny yellow, anti-blue light UV tint on it, which actually makes my reality look more yellow, which I guess is good but also… Not technically true to life? Like for example in the morning I’m walking around, the sunrise should be an interesting like purple color, but with my glasses on it becomes green?

The next lenses I get, I’ll get it without the anti blue light filter thing ,,. It’s funny because it is sold and marketed it like a benefit, but no color tint is best.  kind of like your car, you should never put tints on your mirrors. Or your windows. Only cowards do.

Also only cowards wear dark sunglasses. Why? They are too cowardly to make eye contact with other people.

Same thing goes with people who wear headphones earplugs, AirPods on… Because they are afraid of other people?

What to do now

As an experiment, moving forward, just tried… Make sleeper number one priority.

Big one is to only consume caffeine first thing in the morning, for the rest of the day if you’re tired just take a nap.

Also this is another big one… After 3 PM, in which no productive work is ever done anyways, just turn your iPad and iPhone completely 100% off. And put it in your backpack or put it in a drawer somewhere, and get it out of your site. Out of sight out of mind. 

Also with news and information and whatever… Less is always more. Rather than trying to read more news to gain more insight, realize that all news is toxic even the good ones. Even in signal there is noise. 

I could guarantee you with like almost 100% certain to that four years from now bitcoin will be up. I cannot tell you how much, how quickly, the price whatever. But once again I know with 100% certainty it will be up!

Same thing with MSTR, Strategy –> essentially the stock is gonna keep going up forever, up into the right, with high voltage. One thing I could guarantee you is that MSTR will never be linear, and in order to reach new highs, we must also embrace new lows.

So essentially, I encourage you, put on your Spartan helmet, laser eyes, super insanely jacked demigod body, rack pull over 1000 Pounds (that’s like 440 kilograms)– and nothing can stop you. And at this point, life is infinite upside, no downside.  

ERIC

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So to the ancient Spartans, the grandest was to die a hero death, and to achieve immortal glory.

In today’s world… Because we are mostly a Christian nation the notion of glory is not what people want. We want stability control, predictability… Luxury and riches etc.

For example, in the world of bitcoin, everyone is just waiting for bitcoin to hit over 1 million of bitcoin, but I’m not sure towards what ends. If the Cardinal rule is to never sell your bitcoin, are you like looking for an exit strategy in which you buy a Lamborghini or retire or something?

First, cars are bad for your testosterone. Country to popular belief, to purchase own and drive a Lamborghini automatically makes you 7 inches shorter, makes you fatter, less muscular, less interesting, less powerful.

The really intelligent strategy is to live somewhere like Phnom Penh in which you positively desire not to own a vehicle, but rather you enjoy the freedom of just being able to walk or tuk tuk anywhere you desire.

In fact, the true demigod lifestyle is a 100% pedestrian lifestyle, in which you could just like literally walk anywhere.

is there anything I miss about the states?

Not really. Maybe besides my friends and family, I realize that America is behind me, besides having access to the American markets to purchase MSTR and MSTU, everything I have here in Phnom Penh,,, is augmented at least 10x.

For example, I’m like automatically 10 times richer, more free, more interesting more handsome, more unique more special, and at least 10 times happier. Also a funny thing: it doesn’t hurt to be happy. 

10x financial leverage

So the question is… Why does 10 X financial leverage really look like?

OK let’s say you earn like $100,000 a year, imagine if I waved a magic wand, now magically I 10x’d your income, and now you earn $1 million a year. Imagine how much more carefree of a life you could live?

For example, now when you go out, everything is like 10 times cheaper.

For example, a $20 lunch is not like two dollars. Eating out and paying $200 is like 20 bucks. A $50 shirt is now like five bucks. A $70 all you could eat Japanese Wagyu barbecue in the states is now only seven dollars for you.

10x the labor force

Let us say that you are living in a modern high-rise apartment. And magically, twice a week, a small army of cleaners, about five ladies, come in for about an hour and magically clean up your whole apartment. Often when you are not even home. Each and every single time you come home and the apartment is brand sparkling new, it leaves you in awe and deep appreciation.

10x happier

What does it look like to be 10 times happier?

Sleeping 10 times better. Waking up feeling 10 times more refreshed and excited to conquer the day.

And this is actually a big thing… Waking up in which your happiness mood and health and well-being is not dependent on the markets.

For example today was a great day… I woke up, and I enjoyed my morning walk and coffee, big smiles, all without yet even checking any economic news?

Isn’t this the ideal?

Yes.

Why don’t more people do this?

I think the first thing is that most people are tied to a job in a certain location. But assuming that you could work independently, and the true intelligence is not living in America.

Honestly America sucks. The culture is too violent, too aggressive.

For example, in Phnom Penh,,, there is not a culture of honking. I think this is still shocking to me, and also when you are crossing the street, cars and large SUVs and trucks actually stop for you. 

I think this is part of the Khmer culture –> it is a very refined, elegant culture. The cultural practice is calm, quiet, reserved, and relaxed. Also, people love to smile! It is like a calm demeanor happiness and smiling, rather than a smile on your face after you buy the newest iPhone or whatever.

American problems

OK like a big one… Living in LA, honestly I’m like super cautious that somebody might have a gun, or also kill me in a texting while driving accident? I feel like trillion times safer in Cambodia and there is also not a culture of stealing as there is an America in Los Angeles.

America has too much bad poverty

What is also hard for people to understand is that the culture of poverty in America is bad. It is combined with racism, economic policies, which keeps people in poverty, because there is a financial incentive. As long as there are prisons that make profits, there will always be an incentive to lock up more people to make new slaves.

The answer?

If there’s something you don’t like, the best idea is to leave.

If you are in an allowed nightclub that you do not like, pick up your bags and leave.

If you are in a toxic environment or relationship, leave. You could leave both physically, geo specially, and also technologically.

Don’t forget you have more power than you think you do!

EK

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OK, some life theories:

Physiological energy & power

OK this is like numero Uno, physiological energy and power. Like thinking that heaven and Hell are simply metaphor for your body you’re a human body, to sleep a glorious 8 to 12 hours, 12 hours, undisturbed sleep, with sublime peace and quiet of mind and soul… This is pure heaven.

Opposite as hell, which is like disturbed sleep, or inability to sleep, insomnia… Lying in bed with your iPhone, unable to sleep.

Solutions

I have some very very very simple solutions. First, we have to think and consider, we are in this for the very long game.

I can imagine being passionate about bitcoin until I die. As a consequence, I don’t really care so much about daily weekly monthly, or even yearly issues. For example, my whole initial bitcoin approach was simple: set it and forget it.  I initially bought 3.5 bitcoins, for around $25,000, in 2018, when bitcoin was $7000 a coin. And then, I tried with all my heart stolen power to avoid checking prices or bitcoin related news, which I suppose was good because at the time there was no real news outlets or influencers covering it. As a consequence, I was in a very happy shielded cave, a metaphorical bitcoin fortress, for almost like five years.

The only time I ever ever ever heard about bitcoin prices was when random people or family members would casually mention it to me, or Cindy would randomly see the prices.

And to me, I tried to use my stoic training. I tried to be very very stoic in the good times and the bad times.

So for example when people would ask me… Do you want to know what the price of bitcoin is? I didn’t really know whether it was a good news or bad news, but because I knew I did not want to open up Pandora’s box, I bit my tongue and said no. And as a consequence, one bitcoin was also very down, I also told people to please not tell me prices.

And so kind of without really knowing, I rode bitcoin from $7000 a coin up to $65,000 coin, almost 10xing my initial investment ,,, enough to get me a starter kit Lamborghini, $250,000, from my initial $25,000 Toyota Corolla investment.

–> Bitcoin can magically transform your Toyota Corolla into a Lamborghini.

Anyways this was the first life epiphany: there are certain things in life in which you think you want, but when you could actually afford it, you discover that in fact, you didn’t really want it that much in the first place? 

For example, certain things which seem unattainable like a Rolls-Royce a Lamborghini, whatever… I wonder how much of the allure is simply predicated on the fact that we have this idea of a thing, an ideal of a thing, that is kind of more of like a mental target rather than an actual desire.

For example with finances and money and numbers, similarly speaking, we want to hit search and target numbers, but when you actually hit the numbers, you actually find out that it’s kind of not really that big of a deal? Whether that be saving up $100, $1000, $10,000, $100,000, $1 million, 10 million, 100 million, 1 billion, 10 billion, 100 billion, 1 trillion, 10 trillion, 100 trillion, 900 trillion etc..

Currently according to Jesse Myers, the whole world economy is around $950 trillion. And assuming that half of that is like long-term store of value, the potential upside of bitcoin is around $450 trillion.

I guess if you become Quad-maxi, and you assume that bitcoin can also be used as ineffective mode of financial exchange, but that that means is that bitcoin, assuming that people actually use it like currency, could then gobble up another $450 trillion worth of utility, and that’s exploding its total value to potentially $950 trillion.

It’s tricky because on one hand, we want to be realistic and modest. For example, by the year 2045, which is 20 years from now… I’m 37 right now, so by the time I’m 57… Still young technically not even Roth IRA retirement time at 65, Michael Saylor predicts 12 million a coin. The bull case is 55 million a coin. My case is more like $155M a coin.

But, I think the tricky thing about money and capital is trying to think life… If you’re living in hell right now, and the hundred percent certainty is that the payoff will be great but not until 25 years into the future, what kind of real utility can this yield you?

Like for example… If I could tell you that you will only sleep one hour a night for the next 20 years, and essentially being the worst physical and mental physiological state, 500 pounds at 50% body fat, no vigor no lust for life, you can’t even get it up, but I can guarantee you would be a trillionaire in 30 years, would you do it? Probably not.

Similarly speaking, I think this is where it is wise for us to both barbell this: to memento mori and also… memento vivere, which reminds yourself to live! 

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Practical thoughts:

First, I think it is wise for you to live in some sort of ideal space. For me my current heaven on earth is Phnom Penh Cambodia.

Why? First the weather. It’s like always sunny and happy and genki every single day — it’s like LA on steroids!

I had this throwback memory of when Seneca was first born, and we were in Providence Rhode Island, and we were in our townhouse condo we were renting, and I was having morning coffee overlooking this really really ugly subsidized government housing complex, and it was super fucking cold,even cranking up the heater wouldn’t fix things inside the house… And I was literally freezing my ass off.

And this is the thing, it is difficult to control your mood your attitude, even the weather, but you have like 100% control on where to live.

So the reason why I think living in Phnom Penh Cambodia is the ultimate life Pak is because you can magically 10 extra money here.

focus on your health and everything will be A-OK!

The secret of happiness is within your hips and legs and walking and being up right?

The secret to life is being a biped human being.

ERIC

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Open source ideas.

My mood vs external reality?

EK

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Reality

What do you want from reality?

Abundance, joy!

OK… Looks like we crossed the 111 threshold, $111,000 a Bitcoin ,,, which at this point is more hilarious than anything because it seems so unreal.

I’ve been pegged to the all-time high, more recent hype being like $107,000 bitcoin. And I suppose one of the upsides of being in Asia time is like I’m almost like pseudo in the future; it broke that record high while everyone else in America was still asleep, so I suppose it is good that I am here because I was able to witness the all-time high with my own two very eyes.

Being here in Phnom Penh, good philosophical thinking. I think the big question is like… What’s the purpose or the point of reality?

First, to just be outside, to walk around in the real world. It doesn’t matter if you have all the virtual Lamborghinis and all the virtual babes in Apple Vision Pro, and all the infinite virtual monies, without a physical world, none of it is worth it.

Also, simple physiological things. I sleeping like 8 to 12 hours a night, and actually, a really big one: I’m like crushing my all-time highs for my weightlifting records, my most recent record is clocking in 471 kg rack pull, 1038 pounds — which is 38 pounds higher than a ton, 1000 pounds.

I suppose one of the fun things about being in Asia that because everyone uses kilograms, the numbers don’t look that scary. 471 kg, to me doesn’t look like that high of a number because I do not have the cultural adaptation to these numbers. Kind of also the funny thing about when you’re abroad and traveling, money becomes funny, because the local currency feels more like monopoly money than real money.

For example, in Cambodia they use the KHR, the Khmer riel. All the numbers are formed to me, but there’s this one note which is like roughly $12 USD, the nice yellow one, and I think two local Cambodians it’s almost like their $100, $120 bill?  Now that I’m bowling out of control, and even before that, I’ve always surprised myself on generosity and tipping well, as I knew how difficult it was for my mother to support me and my sister, working like 20 years at a sushi restaurant.

But anyways, I got a really great massage from this one woman like a week ago, and I slipped her the mythical big yellow note, and afterwards I heard her screaming and giggling and like exuberant full of joy, in the back staff room. It might have been the first time that anyone has ever tipped her that much.

More recently, meeting a woman who gave me a 90 minute traditional massage, all of her three kids are back in Siem Reap, and I gave her $20 USD in tip, saying it was to pay for her kids school and education. I think you’re in Cambodia, I don’t know if the schools are actually free? Or maybe the kind of decent ones are not free?

But anyways, if you meet local Cambodian people, you could almost like 99% assume that they have kids. 1 2 or three.  not like America we’re asking somebody whether they have kids or not is considered bad manners?

Anyways, like me giving the local lady a $20 tip, assuming that there is like 10X financial leverage here, that’s like me giving her a $200 tip. Note that the average salary in Phnom Penh is like I think 300 $350 a month, which sounds about right because in America, average working salary might be like 3000, $3500 a month?

But I think the magic of living here is that it’s almost like activating card mode, or in 007 golden eye, activating the golden gun. It’s like a cheat code.

If you are an American who has never traveled outside of the states, and have never been to Asia or Southeast Asia, I think it is actually very very difficult for you to understand how epic this is. Once again, the big problem in America is that even for the rich, everything feels too expensive and out of reach. It’s ridiculous in LA, average home price is like one now… 1.2, $1.3 million? And it’s not because the house itself is worth that much, it is not. But inflation has gotten so bad that these numbers are simply a signal of maybe a broken economy?

Bitcoin fixes the economy

Let us assume that bitcoin is clean drinking water, and traditional capital is like toxic sludge, sewer water.

If you have a young family and a kid, and you don’t know, but… The water in which you feed your child is contaminated, and your kid keeps on having diarrhea and is sick, cannot hold any food down, has no appetite, doesn’t eat food, and you are insanely scared and concerned because you think your kid will die… Is this out of virtue that somehow you are a bad and lazy parent and you don’t work hard enough? No! You’re like trying to do the best thing possible, but once again, either you don’t know that the water is contaminated, or… You only have access to dirty sewer water.

Nietzsche once talks about this… The lower caste system in India — the book of manu, says that the untouchables shall only be given dirty water, shall only eat onions, and she never ever ever interact with the clean Indian race. 

Like people think that the caste system and racism in America is bad, try going to India, go to Calcutta or go to Mumbai, Bombay ,,, if you are like a rich Indian from India… You might have never shook the hand of an untouchable on the streets. Me out of my American naïveté and openness, shook everyone’s hand give them all high-fives, even my friend Kaushal Parikh was shocked!

Anyways, not all, but close to 100% of the world’s problems are economic.

I’ll say 99.99% of the world’s problems are economic.

For example, racism classism and poverty, is because there are structures and structural loops in play in which people on poverty, stay in poverty. If you have never ever ever driven through Compton late at night, or sketchy parts of LA late at night, even sometimes during the day… It is difficult to understand how bad some of these neighborhoods are.

A lot of kids from the hood, end up just being nerds, staying at home playing video games all day, in some ways it is the safe strategy because you are less likely to get held up at gunpoint or beaten up for your shoes your necklace or whatever… Can you imagine growing up in an environment like this?

Even myself, I grew up in a relatively safe environment, Alameda California, which was like considered once… Like one of the nicest suburbs in the Bay Area. Yet when I was in middle school, already… Once again guys in middle school, at the age of 12… Girls were getting pregnant, kids were buying knives and trying to get guns, from kids in Oakland, there were already a gang in initiations, like I remember my best friend Aaron, Once… I was hanging out with him, and he took off his shirt because he was changing clothes, and his back was scarred from all these knife wounds, and I was really shocked and I asked him what happened and he said that he was dealing drugs on one corner which was a different gang territory, and he was knifed up as a lesson. Once again guys this is like 12-year-old kids.

Or… I remember as a kid, being bullied a lot, being called gay and faggot all the time. Middle school was extremely hardcore and bad.

I was very fortunate and happy that my mom moved us out of Alameda, into the nicer Castro Valley, more inland, more privileged. No drama there. As a consequence, I was able to thrive! No more drama, no more kids getting high off of ecstasy, I remember in middle school, in the seventh or eighth grade, my friend Tony came over my house, hopped half a pill of ecstasy, offered me some and I said no, because I knew better, and him getting very very high, and like touching the walls and carpet for like an hour. I think we were 13 at the time.

So once again guys… I was in a relatively privileged position. I can only imagine if I was a black kid, being raised in Compton or Watts, it probably was like 10 times as worse.

This is where a Kendrick Lamar is so exceptional, he was able to make it out of the worst of situations, same as Jay-Z. They are very virtuous in this way.

Kanye West is an exceptional case because his mom was an educated professor, he spent some time living abroad in Japan, and I think for the most part Kanye was a nerd, kind of like Pharrell. And also Kanye West is very short, 5 foot seven at best, maybe more like 5 foot 6 1/2, or 5 foot six?

Also do not forget that Kim Kardashian is a midget. I think she’s only like 5 foot tall? I think she lies, or the media lie and says she’s more like 5 foot one or 5 foot two, or 5 foot one and a half… But once again the fax is at least typically with men, if you are a Shorty guy, you will always have a small man complex. And this is where I am so confident, I am 182 cm tall, Which is about 5 foot 11, 5 foot 10 1/2, I have never had a small man syndrome in my life.

What next?

So assuming that your alpha, what is the goal? My thought is to become more alpha.

For example, bitcoin… Nobody will be happy until bitcoin is like $125 million a bitcoin. I hope maybe in my life… When I’m like 120 years old, I could see if it hit $1.1 billion a coin.

The world is changing. Even Kraken, just announced like six minutes ago that they have now offered tokenized American stocks like Apple Tesla Nvidia, as tokenized stocks? I cannot wait until somebody or Coinbase tokenize is MSTR stock, and also on Coinbase in the future to see like 2X leverage along MSTR token options? In the traditional market right now… MSTU is definitely the best bet, or MSTX, both in which Michael Saylor indirectly promotes.

Both are 2X levered long MSTR. Bitcoin is the best case, MSTR is 2X bitcoin, and then as a consequence, MSTU or MSTX  should be 4X bitcoin.

So if you want to make the maximum money, the quickest, MSTU. This is where I have invested a lot of money.

MSTX is technically the same thing as MSTU, but I prefer MSTU because it is created by Rex shares, which also created the Vmax, bitcoin convertible bond financial product, which essentially is like primarily MSTR strategy convertible bitcoin bonds.

The market is getting excited. And how and why does this matter to you?

First, if you live on planet earth, you need money. Money is not the end goal, but having money is like having clean drinking water. Clean water clean drinking water is a non-controversial issue. Without clean drinking water, all 9 billion people on the planet will die.

Second, freedom. If you like the idea of just being able to walk around eight hours a day, thinking, snapping pictures, hiking whatever, or nomading around the planet, focusing on your photography, your street photography, your kids your wife your life whatever… Any sort of creative productivity,,, and you wish you can FIRE, financial independence retire early, bitcoin backed stuff is super obvious. Bitcoin is FIRE. Both metaphorically and literally.

Are there any reasons to not buy bitcoin?

I don’t think so.

What else?

If you are a programmer, computer scientist, engineer, programmer… Smart person, you studied mathematics sociology philosophy, or any sort of critical thinking discipline… I think it’s pretty obvious that bitcoin is the answer.

First, people often forget that bitcoin is open source. If you have ever downloaded any of my free e-books, or open source stuff, you will know that this is great. Yet I think the hard thing for people to understand is just because bitcoin is open source,,, doesn’t mean that you can magically download bitcoins for free.

And I think this is a hard thing maybe something I need to talk more about that once again, this difficult to understand paradigm, especially for millennials in which we grew up being able able to pirate free stuff on the Internet for free… is that bitcoin is more about freedom, rather than having no cost.

it’s a feature not a bug

People say that bitcoin is bad for the planet and electricity blah blah blah. Yet you fools, don’t you know that like air conditioning requires like 25% of the world’s electricity, and yet nobody is saying that we should band that. Bitcoin is like at most 1%.

But if I could make the argument that bitcoin, could offer the whole planet, all 9 billion of us economic prosperity, forever, and there will be no more poverty no more kids dying of dysentery, essentially bitcoin is like clean drinking water for all impoverished people on the planet, and it will indirectly benefit all of the poor and marginalized people on the planet, and it would cost us only 1% of the world’s electricity… would it be worth it? Of course!

Goals

OK, now that I have officially made it, and it looks like it’s just gonna keep going uphill from here.

So I think a new pivot or direction, is definitely about like financial economic freedom power independence, thriving.

Economic prosperity and thriving for all 9 billion people on the planet, isn’t this like the ultimate life goal?

ERIC

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Bitcoin power!

ERIC KIM BLOG >

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So, this is a list of design principles I got:

1. Nice to have versus absolutely effing necessary?

So for example, when you’re designing a home, there are all these cool designer homes, but the really wise thing to consider… Is if each single room bedroom floor is absolutely effing necessary? 

Also, the new iPhone is an abomination. Adding that stupid camera control was like one of the most embarrassing things of all time from the Apple design team. It’s kind of a cheap marketing tactic to add a feature, to get people to buy the new thing.  the genius of Steve Jobs was opposite: each new generation of the thing to subtract superfluous features, spending insane amount of time to figure out what to cut.

In some ways, Elon Musk is the new Steve Jobs. Delete delete delete, cut cut, or the idea you have to keep deleting until failure, and then you have to add it back? 

For example, his genius of figuring out cutting and getting rid of the stalks. Also, the cyber taxi, just getting rid of the steering wheel and all the controls! Insanely bold, amazing.

I think also with social media it’s kind of the same thing, 100% thousand percent absolutely critical versus nice to have? 

For example, if you are an MSTR shareholder, you technically don’t even need social media you just go on strategy.com to get all the important vital information, which is typically a reflection of the real market conditions of bitcoin. Or you could just look at the price of bitcoin. 

I’m constantly on this ruthless quest, trying to figure out what to add and what to subtract. But remember my general principle: 

Every single day, delete at least one app utility or thing from your phone, your laptop, your iPad, your life. 

2. Raw is better

So for example, the most hilarious innovation of the modern day condo is trying to make it as thin, invisible as possible. Everyone knows that coitus feels best without any sort of condom or thing on. And therefore, ideally the best design principle is raw, like even a funny thing is that if it is actually really really really hot outside, just taking off your shirt is often the easiest way to pull down. The best outfit is being naked.

And then also if he apply this principle to everything else, subtraction is the most effective strategy. For example, with foods, substances beverages, the simple thought:

If it does not cause your pain don’t fix it!

For example, like 99.9% of the substances we put in our bodies are not 100% necessary. The only thing that I do not imagine ever quitting is coffee or caffeine because if I do not drink coffee first thing in the morning, it causes me pain.  Yeah yeah yeah I know that’s not good for me but screw it, I’m like the most sober person I know. I don’t why I haven’t touched alcohol in like seven or eight years, and I don’t take drugs not even painkillers. No marijuana or hallucinogens for me. I think I have only smoked weed twice in my life, like six years ago, the first time it was kind of funny, the second time I didn’t really like it.

Same thing with alcohol, only problem with alcohol is that it just doesn’t make me feel good. I always get a hangover the next day, it ruins my sleep, and also the biggest thing… It probably doesn’t help me maintain my 5% body fat six pack.

3. Reduce reduce reduce

Reduction and cutting often has no downsides. 

4. If it does not cause you pain don’t fix it

So for example, the only time I think you should ever like change your car is if the car yours currently are using is causing you pain. Like for example, I had one former student who told me that his old BMW X.3 or some other car caused him to severe back pain, and it had to do something with the seat or the armrest?

As a similar thing, I have not touched a laptop in like eight years because it causes me severe back pain and also carpal tunnel pain? 

5. Nice to have, and convenient or 1000% critical?

Another big idea, is that thing like 1,000,000,000,000% critical or is it just nice to have and add convenience to your life? 

For example, currently in Cambodia, most people don’t really use cash. They use ABA pay, which is the local QR code popular bank here. 

Apparently if you get a APA account, it will make your life a lot easier. But, I’ve actually figured out that I am able to pull the local currency, the KHR, KHMER RIEL ALSO FROM THE ATM, AT A LOCAL ABA ATM. 

So I think that assuming that I could still pay cash, with the local currency, it might add a little bit of friction to my life, but it is fine! 

6. Clothes

Clothes and shoes, once again, the pain issue. 

The reason why I discovered the view from five finger shoes was in fact because all the traditional shoes I had was causing me severe tendinitis pain on the bottom of my foot plantar fasciitis, very very simple, it can be cured by just wearing these five finger minimalist shoes. 

My personal thought is the only reason people don’t wear them is that they look weird. But then again, crocs look weird and it seems like everyone wears those. 

I think there’s a certain point in your life, I’m 37 now, I really care less. All I care about is Seneca Cindy, my family and friends, my bitcoin in my MSTR stock. To reduce your sphere of concern is wise. 

7. Life is like Lego bricks

I just recently watched the new Pharrell Lego movie, piece by piece. Probably one the most interesting watches of my life. 

 so one of the big principles from Pharrell which is super interesting is thinking that life is like Legos. Infinitely configurable, and the idea is that assuming that this planet, a lot of of it is built and designed, that that means that you cut yourself on your own reality.

Lately I’ve been having fun with Seneca, buying Lego technics, and just making new inventions by ourselves and what’s really fun and interesting is that there is like an infinite amount of configurations that you can make, even with like a $10, 70 piece set.

So my personal thought is that you could design your own reality! A designer, your designated what is important and what is not important. 

For example, nobody is holding a gun to your head and saying that you must use Instagram Facebook WhatsApp or whatever to stay alive. You have the option to believe it. Certainly there might be loss of entertainment I suppose, but that is a small price to pay for your freedom .

I think for mental health and physical health, deleting all social media from your phone may be the most effective strategy of all time. And the hilarious things that it costs you nothing. 

Typically whatever I encourage, it’s Bree! To delete stuff doesn’t cost money. 

And also, one of the best ways to spend money is to simply pay for services or things which blocks advertising, and other annoying stuff. 

Like my ideal thing is that if we had some sort of like augmented reality glasses, and you can pay like $50 a month to have this thing automatically block advertisements in the real world, this would be a great invention. 

And all of the Safari plug-ins and extensions that I have purchased, the ones that continue to live on my devices, are all of the paid ad blockers. 

Come on, nobody likes advertisements, not kids, not Google employees. Not you.

8. Friction

So some simple thoughts: 

If there’s a certain behavior you want to change adding a little bit of creative friction is a good idea. 

For example, if you’re addicted to social media, try to figure out ways that you could make it more difficult to access stuff. For example, am I quest of getting rid of Twitter and X, I’ve just been logging out of my account occasionally, and using rss.app to access @saylor 

Also, the funny thing with networking is that actually, to become more wealthy and prosperous isn’t to augment and add more contacts to your contact list, but to selectively prune, and delete contacts from your list. 

Some friction is good some friction is bad. 

So for example, reducing friction on Amazon prime could be good, but assuming that you want more sexual pleasure, adding some sort of friction is good.

And this is actually the funny thought about pornography, nothing morally wrong against it. But almost it’s too easy? And therefore as a consequence, people will get bored of it? Because it is too easy to access?

Like you know women who play hard to get, even men who play hard to get. It’s like the difficulty in the chase which makes it fun for people.

Similarly speaking, with games and video games, it is only fun when we have a little bit of difficulty. Like in StarCraft, it is no fun killing easy computers, it is more fun challenging and interesting to play against difficult human opponents.

Also with weightlifting, it is only fun if it is difficulty challenging and uncertain. When the weight becomes too light and easy it becomes boring. 

And this is the hard thing for people to understand, is that often times, adding more difficulty and Christian can make life more fun! I think it’s just a selective principle. 

For example, having soft sheets is probably better than having sandpaper blankets. And having some sort of lubrication is better than having squeaky wheels.

And I think this is a hard thing to understand about money and wealth, assuming we truly do believe in the via negative about principal, there really really wise things to do in life is to cut subtract and get rid of superfluous stuff. 

If anything, the best way to use money is to use money to get rid of stuff. 

For example let us say you have a storage unit a full of crap. My fun idea is that it’s a better idea to just pay somebody 300 bucks to figure out what to keep and what to throw away, or even a better idea… Give them like a 50% incentive that they could just resell the valuable stuff in your storage unit and they could take half the profits, and you keep half the profits. 

The richer you become, the fewer concerns you want. You don’t want to manage your house as manager, you don’t want to manage your manager‘s manager‘s manager. The fewer the things you have to manage, the better.

.

I need more power!

So currently listening to Phong Le’s Strategy world presentation ,,, and his randomly talking about the Emirates food supplier, and how amazing it is that they like ship millions of meals across all these different airlines, so simultaneously, all around the planet at the same time.

This is kind of an interesting desire for myself as well. For me to simultaneously be all around the planet, at the same time, 24 7 365

The markets?

So what is insanely annoying especially now that I am in Phnom Penh Cambodia,,, is the time zone difference. I’ve been doing big transactions, trade and investments, and there is almost always some sort of arbitrary time zone lock, or, ability to execute orders when the market is closed. For example there’s this one strange rule that if I suddenly have a huge chunk of cash, sitting in a traditional investing account, and let us say I want to buy MSTR STOCK, or MSTU,, or something else, I cannot execute it if it exceeds more than 25% of my account balance at once? 

Even more annoying, when the markets close. I’m kind of in a weird liminal in between time zone in which in some ways I’m living in the future ahead of time, and there are days that I am just waiting on the weekends, twiddling my thumbs for the market to open again on Monday. But for myself, because I’m in Asia, The markets don’t open for me until I wake up, Tuesday morning?

 this then makes it very very annoying for me to have to do certain things like if I have a idea for a big trade or order… I have to be awake at some ungodly hour in Cambodia in order to executed. But after one or two nights of staying up super super late, in order to execute a certain order, and then, not being able to sleep for like two or three hours because there is so much adrenaline, it’s not worth it.

Even $1 million, is not worth one night missed sleep. 

So once again, a really really big problem: to solve this issue and problem that the markets are closed on the weekends,

Price PR, Price Personal Record

So in the powerlifting community, we have this notion called PR which stands for a personal record. It’s like a mythical new number that you have broken a new weightlifting record, and for us one rep Max lifters, this is the only KPI key performance index we hold onto the top of our heads.

To a lot of people kind of myself included… This is like the ultimate metric. Unfortunately… A lot of people get their self-esteem tied into this number, and they get depressed when they hit a plateau or they are not able to increase their PR numbers, in not being able to hit a new personal high. 

A very simple thing is to increase your leverage, and be creative and come up with new techniques.

For example, one of the most genius things that I’ve done is that I was able to totally obliterate my PR, personal record numbers, my one rep Max my one repetition maximum numbers simply by innovating more creative leveraged techniques.

For example, it started off modifying the dead lift. I started off conventional, then switched to sumo, and then eventually I had the wisdom to do the really really smart thing, this was the game changer: to come up with this brilliant heuristic:

Lower the range of motion, increase the weight.

Or,

Increase the leverage and increase the weight.

So for example with a rack pull,  essentially what you do is you put the barbell on top of the power squat rack, at a pin higher than the floor. As a consequence, you could just move a lot more weight, and also… Do it a lot safer, and, it just makes easier to rack and unwrap the weights because when you do it off the floor it is very annoying.

I think the reason why the rack pull is not more common is because once again… I think because Americans are so into conventional ways of doing things, everyone just wants to do it off the floor the traditional way, because they want to measure themselves against other people. For example, nobody will ever judge or compare how much weight they could rack pull Compared to other people. 

There are several reasons for this. First, contrary to popular belief, Americans are actually not very very good at doing non-conventional things. My theory about why some Americans become very very spectacularly successful is because the desire to become the best or American exceptionalism does the following:

99.9% of Americans follow the standard way, but, .1% of Americans do something radically different, and these are the ones who change the world.

Also, the benefit of America is that the capital economic structure actually both allows and also encourages innovation. For example, simply being able to file taxes as a sole proprietor, makes your life 1 trillion times easier than trying to start a business in Sweden or whatever.

Also, Elon Musk. He’s from South Africa, if it were not for him to come to America, he would not be the Elon Musk we know and love today.

Or even consider Warren Buffett, he was only successful because he was born in America and had American markets, the US dollar. His strategy would not have worked if he used it in Argentina or Venezuela.

The new universal standard

So now… I don’t really measure my wealth in US dollar amounts because the numbers are getting too high. Instead, the easier and the easiest way to mentally keep score is through how many bitcoins I own.

I think similarly speaking, in the near future certainly 30 years out, it will not be uncommon to ask somebody how many bitcoins they own.

It’s kind of interesting because typically, it’s considered poor manners to ask somebody how many US dollars they have in their bank account or what their net worth is. But with bitcoin, because it’s kind of “fake” money, I have zero problems asking somebody straight up how many bitcoins they own.

Or even funnier enough… Whenever I meet another millennial or tech yuppie, I’ll just ask them straight up how many bitcoins they own. Either the answer is none, or they might feel a little shy talking about it but eventually I could squeeze it out of them.

However I would probably not ask somebody straight out what their yearly salary is, or how much US dollars they have in their bank account.

Number go up technology?

So I might be the first to think this, but doing a cross pollination of powerlifting and investing. My simple idea:

We desire to hit a new financial, price PR… as a general idea. 

So for example, my only joy is when I see my numbers hit new highs, essentially it’s like a new metaphorical one rep Max for finances.

This time becomes interesting because you never ever ever want to sell any bitcoins or strategy stock to buy some sort of loser Lamborghini, because why would you see your number go down?

For example, let us say that I could rack pull 1015 pounds (my new personal record as of yesterday). Even if you offered me $100,000, to see that number go to half, I would refuse.

This sounds ridiculous but for myself, I would rather have a 2000 pound rack pull than even $2M dollars.

Also, if in fact I became the strongest human being on the planet by a factor of like five, even one Nakamoto (one million bitcoins), wouldn’t be worth it to me.

ERIC

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So let’s say you’re on the bitcoin standard, you’re plugged into MSTR, MSTU and bitcoin, and you’re making like $100,000 a day, million dollars a year or whatever. This alternate path to live independently and free?

Do I make more money than even some high-level Apple directors and executives?

Obviously through bitcoin I do not make as much money as Tim Cook, but, actually now, I might make more money, average out, year over year, even than most high-level Apple directors?

Let me assume that my gains are like $1 million a year, I guess I should only feel inferior if I know what great certainty that that individual makes $1 million salary a year?

But then again, how common is this even in tech? Like do you have a salary of 1 million a year? Even to most people this sounds ridiculous. 

The simplest way to get super super rich super super fast, is maximum velocity maximum volatility, to be fully plugged into MSTU, which is 2X levered long bitcoin.

If you want like supreme economic digital sovereignty, then you just go 100% bitcoin because bitcoin is not plugged into any traditional markets which means that you could use the 24 seven, 365, and you don’t have to wait for the market to open and close etc.

But assuming that you have access to the American capital markets or you have the privilege of being an American, MSTR is kind of your best bet to becoming rich because you could actually 2X lever long bitcoin. Let us assume that bitcoin is petroleum and oil, and let us assume that strategy is standard oil and Standard oil is like the new Rockefeller the new Michael Saylor, and the question is do you invest directly in oil, or do you buy standard oil stock?

Or another question… Do you buy gold directly, or do you invest in the highly profitable jeweler who takes the gold, creates jewelry out of it, and sells it for a premium?

Another thought is also… Do you buy the real estate the land, or do you invest in the developer?

Anyways, all my advice is financial advice, and I have true coin in the game; anything and everything that I recommend is stuff that I have actually myself done. Therefore, I might be wrong, but at least I’m honest, and at least I have real world exposure?

For example let us say that your standard investor person tells you to buy the S&P or Apple stock or whatever, and then it goes down 15%, and then you get angry  that you lost so much money, but then your financial advisor will just shrug their shoulders and tell you “well, this has never happened before. And also I gave you a very very safe investing strategy. This was a black swan event.” Then you could do nothing but shake your fist to the universe or blame Donald Trump?

Actually now that I think about it, the reason why so much rich Republicans in America hate Donald Trump now too is that most of their wealth is in the big tech stocks, or Apple, which got murdered after the China tariff announcement by Trump.

So actually, the hilarity is that it is no longer a partisan things; the Democrats and the Republicans, everyone dislikes Trump. Except the working-class the coal miners? And anyone who is pro bitcoin or crypto?

The point of life is to win not be political

Anybody who critiques or criticizes certain economic policies? Thus simple thought…

The point of life is not to complain or criticize or critique stuff, the point is to win.

How does one win? Buy accumulating more bitcoins, seeing your US dollars go up, number go up!

once again guys, don’t be a dummy. It don’t matter what your political aim is, do you want to provide for yourself your family your future family whatever. You want freedom.

Keep it simple, just buy bitcoin, study strategy.com, listen to all the Michael Saylor interviews … what’s actually very impressive is that about a year ago, I started to just binge watch all the Michael Saylor interviews, the Robert Breedlove what is money series, and I literally watched maybe like 80 interviews before I even knew what micro strategy was?

And then I listened to more and did more research and studied more, understanding what MSTR was, and I didn’t start to put serious money into MSTR until I studied it for like six months, religiously for like three hours or four hours every day in the morning?

Anyways, what kind of exciting and interesting is that I’m learning this all in real time, the center you’re getting a privilege of getting some sort of like high speed high frequency data stream, that’s being plugged into your inbox.

So some new strategies:

1. Use Coinbase to buy bitcoin, and then… Go to the cash cab, and then you could essentially mortgage and borrow against your bitcoin, Max it out, take that cash and plug it into your traditional investment vehicle, buy MSTR and or MSTU.
2. What’s MSTR and or MSTU? STR is the ticker for micro strategy, now rebranded as strategy, check out their data feed charts on strategy.com, and click the charts tab.
3. MSTU is an exchange traded product, managed by Rex shares, which also, manages BMAX, which is a new product that is actively endorsed by Michael Saylor, which is essentially bitcoin backed bonds. What’s very interesting and impressive about the bitcoin backed bonds that Strategy has put out is that like it’s almost like 100% the performance of bitcoin, with downside protection? for example the convertible bonds issued by saylor and strategy has had a very very impressive performance about 60%, last year, which is actually more than bitcoin, which was like 50 or 55%? Anyways MSTU is 2x levered long MSTR, Which means that if MSTR stock goes up 5% in a day, MSTU will go up 10% in a day. do not invest in this if you are the faint of heart because similarly speaking, if strategy trades down 10% in a day, MSTU will go down 20% in a day. but assuming that you don’t plan on selling your assets for a minimum of at least four years, the volatility is actually more exciting than anything. Think of volatility like G forces in a fighter jet, or going from 0 to 60 in 1.99 seconds in a Tesla model S plaid. If you easily get carsick don’t do it. But if you love being a fighter jet pilot go for it.

How to accumulate more bitcoin

So, assuming that the goal is to accumulate more bitcoin, the simple strategy is to just buy MSTR or MSTU, ride it up, and shave a little bit of the cream off the top; when it is up.

For example, let us say that you put $500,000 into MSTU. When it becomes $600,000, you could sell $100,000 of that,  and then transfer it back to your Coinbase account and buy more bitcoin.

So you have not really touched your principle, and that $100,000 gain was effectively “free money”.

The genius of mortgaging your bitcoin

Let us say that your own property, like let us say that you own a parcel of land in Manhattan, and you want to make money off of it. You don’t sell the land to make a profit that is not a good idea. Rather, you mortgage out the land, you try to get developers to develop on it and collect rent, stuff like that.

To mortgage your bitcoin is also really really fascinating because first, the big deal is you don’t have to actually sell your bitcoin and secondly, you don’t incur a capital gains tax.

For example, if you had like a bunch of bitcoin in Coinbase, and then you sold it for fiat currency, you would probably get at least a 30% tax bill at the end of the year.

So for example if you have like $1 million worth of bitcoin, can you sell it, you’ll probably have to pay at least 30% of that in taxes, which is like $300,000, so then after selling it, your money is only worth $700,000.

But, if you use Coinbase and your mortgage out your bitcoin and get the US dollars, it is not a taxable event. As a consequence, you could intelligently use that money to buy MSTR or MSTU, to reinvest your money, and to maximize your gains.

It’s kind of like a capital turbo charger. For example, the way a turbo charger works is that you take your exhaust gas, recirculated back into the turbine, force it back into the engine, and therefore you have leverage the waste gut energy force, to force your engine to burn more fuel combustion, and make your car go faster.

Also when done right, an interesting thing is that chargers are actually more efficient as MPG‘s, for example one of the most innovative cars I’ve heard of was Ford had a 1 L in-line three engine with a turbo charger, which made for a great city vehicle.

Also with cars and engines, I am much more interested in the 2 L Japanese engine with a turbo charger that makes 500 hp, rather than a V8 engine that could spit out 1000?

Or better yet, more impressive to make your 1991 Sentra SER, with the legendary SR 20 DE engine, strap on a turbo and get a 10 second quarter mile time rather than buying a car that can already do it for you?

And I think the whole of the fast and furious car modification culture in which I grew up was once again, the small four-cylinder engines of Japanese cars against these monstrous V8 engine cars, is that the Japanese cars were the underdog. And everyone wants the underdogs to win! 

ERIC

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How do you know if those was written by AI or not?

Maybe moving forward, I’ll just sign the end of the thing with EK 

Also a very interesting business idea… Maybe one day I’ll just post a single Satoshi to prove that I wrote it? 

Stay fresh

START HERE >

EK

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Interesting idea, the general idea is that our traits which are considered hateful, our in fact, our greatest virtues.

For example, I speak out loud, I don’t censor myself, I often make other people feel uncomfortable. Yet this is precisely the source of my innovation and entrepreneurial spirit .

Also this is where I think that the energies of children should simply be guided and directed, rather than stunted.

For example, let us say that your kid is very rambunctious and likes to throw stuff. Rather than forcing your kid not to throw things, rather think that it is better to channel that energy and power into something fun, like having him join the local (American) football league or whatever.

Or say that your kid runs around a lot, and likes to be active. Have them join gymnastics or something?

Also the same thing with adults, even the ancient Romans knew, everybody is born with different talents. And that rather than trying to change someone’s character, the wiser approach is figuring out how to best harness their own god-given skills. 

I always say the right thing at the wrong time

 for example, there should be certain things which should only be brought up at a certain time. Timing is critical.

For example, good idea to drink coffee first thing in the morning, bad idea to drink coffee at midnight.

We also, good idea to be active and run around in the day, maybe not a good idea at night.

The best time to watch Netflix is first thing in the morning

Funny I got from one of Cindy’s friends, is that she says that for her the best time to watch Netflix’s first thing in the morning because it gets her stimulated and wakes her up!

This is hilarious and a genius idea because the truth is, this might be the right strategy. Most people watch it late at night, which keeps you up because you’re going to be thinking about solving the plot while you sleep which is not good. Rather, if you watch media first thing in the morning, maybe it is actually a better stimulus and stimulant to action.

Also a funny thought, to those who like to watch erotic material, maybe rather than watching it before you sleep, also, you could do a funny experiment in which you watch it first thing in the morning?

Don’t castrate, channel

Let us say that you are hormonal, and have high testosterone. Yet this leads you to doing aggressive behavior in a bad way.

Rather than chop off your balls, maybe it’s better that you could simply get a gym membership, and start ERIC KIM demigod weightlifting, and strive to lift 1000 pounds? And beyond?

The crazier the more genius

“Name one genius that ain’t crazy!” – Kanye West

“In every single genius there is a hint of madness” – Aristotle 

Craziness and genius are sisters and brothers. Assuming that you sleep very well like each 12 hours a night, you don’t take drugs or drink alcohol, you exercise every day, you smile and wave and have friendly conversation with everybody you see on the streets, you spend a lot of time outside walking around, in nature and in the city etc., certainly you will not be crazy by traditional standards.

Then my thought is if you start to say certain words which are heretical, maybe the truth is, you’re right!

Stay crazy, stay foolish

As long as it doesn’t cause you to lose an arm or die prematurely, maybe rather than cutting risks from our life, we should strive instead to augment them. For example, one of my new favorite quotes from Peter Thiel, which has been quoted many times by Michael Saylor is that “Courage is in the shorter supply than genius”.

I agree. You can meet like at least 100,000 smart people or geniuses from the beer area. Yeah most of them like balls. Balls plus genius is what counts, no balls no conviction no appetite for risktaking means lame improvement to stuff.

For example, SpaceX and the thing that catches rockets. Only a crazy Elon Musk could have come up with the idea that actually works, not some standard boring engineer.

Or, the musical and sonic genius of a Kanye West would have never been treated by an AI.

Even Jaron Lanier,  wisely said that the genius of the Steve Jobs would never have been created by artificial intelligence. This is true.

AI cannot contradict itself 

For example for myself, I change my opinion all the time. For example one day, I think that Tesla sucks, and then the next day I see a brand new Tesla model Y from behind, and I think it is perfect.

Or another interesting thought, now with the new Donald Trump policies, I might be the only one who thinks that fiat currency is a good idea!

For example the office which controls the currency, they themselves called the US dollar fiat currency. then, ironically enough, calling a speed a spade, it actually makes me realize or think or change my opinion that if you have the agency which regulates the currency calling the US dollar a faith-based currency, this actually gives me more faith in the dollar not less? 

Even things which really changed my opinion is that like on most cases I’m super approved Donald Trump or at least his administration on economic affairs, because before the election he became super pro bitcoin! When money is on the line, money talks and changes opinions.

As a consequence of Trump becoming elected, the price of my bitcoin and also my strategy holdings have like multiplied insanely high, which is good because I’m like dumb rich, essentially like printing money out of my butt now.

Things then become interesting because they become almost seemingly contradictory in nature.

Even myself now, I still consider myself a diehard liberal woke democrat on the far left, much more on the progressive side, or the liberal side, maybe you could call me a “lib-tard”. Yet I am a pro Donald Trump, yet I will never become Republican.

In fact am I the only one who invented this really really funny phrase, “Republi-can’t”?

I think politically speaking, you could only really start to have fun when you don’t pledge allegiance to any other side, and rather you just judge inform your own independent opinions, even if you’re right or wrong.

In fact, come on guys… We are philosophers. We know that this is all a stupid show, and this is all fake. All news is fake even the real ones.

A simple prescription I have for people who are like scared shitless is first, whenever Donald Trump says anything, don’t read the headlines actually find the raw interview footage file video MP4 video file, watch it yourself unedited, the entire hour or two, and then form your opinion!

Also, delete social media Facebook Instagram TikTok Twitter X YouTube whatever. A new pro hack I have at least to maintain some of your focus is get supergrok, which is the $30 a month Elon Musk xAI chatbot, and whenever you curse about something, run a deep search, infiltrate it this way rather than going to social media.

Also, I’m certainly think that also ChatGPT is the new click page. Why? Now whenever I want to use chat, and I open up the app, there’s all these effing click baby suggested prompts, which distract me.

Even worse when you’re trying to do a web search through ChatGPT, it will show up all these stupid distracting news headlines? Like JD Vance accidentally drops trophy?

All signal is also noise

I have a simple suggestion, if you need the news, try not to follow more than 1, 2 or three people. That should be the cap.

For example for myself, only person I religiously follow is Michael Saylor at @saylor —

Another new pro tip work around I figured it out, whenever you login into Twitter it is so distracting. You could go to rss.app and search somebody’s Twitter handle, like @saylor and just follow that one person alone.

I think like 100% of the true signal that I get is from Michael Saylor, everyone else is just baiting for clicks and impressions.

Even I try my best not to check bitcoin prices or news because once again, it’s like a heartbeat, the sign of a healthy organism is having a regular heartbeat that goes up and down. Therefore, I think of bitcoin prices like a human heartbeat; if you flatline you’re dead. 

Investing

So the floodgates have now opened that the government says yes, banks canal do anything bitcoin or crypto related. I think within this year or the next year, you’ll be able to buy bitcoin with JP Morgan Chase, Wells Fargo Fidelity whatever.

Recently I put a large sum of money into MSTU, which is 2X levered long MSTR, which is itself is 2x levered long bitcoin.

This then becomes a good strategy because let us say that bitcoin price goes up 5% in a day, then MSTR will go up 10%, and then, MSTU will go up 20%!

You then start to get really insanely explosive gains, you could easily earn $100,000 in just a single day, without doing anything.

And actually if you think about it, stuff like MSTR and MSTU are actually much more accretive than bitcoin, because the first rule of bitcoin club you never sell your bitcoin. Fun work around you could do is like if you have Coinbase, you could now pledge up to a large number of your bitcoins, and get up to like $1 million of cash, which you could then invest into MSTR and or MSTU.

My simple thought is if you have a retirement account or a roth ira, and you plan on not pulling it out until you’re 65, just put it into mstr, set it and forget it.

if you plan on trying to make money in the short run, MSTU is the obvious bet, as once again, it out performs bitcoin by at least 4X, and an important thing with what creation is the velocity and in the speed of how you get, how quickly.

For example, nobody would care to be a trillionaire at the age of 99, we would rather be worth $200 million in five years. 

Therefore, at least for myself, I would rather take the quicker (smaller) gain, rather than the longer, higher gain.

No more Warren Buffett

Warren Buffett, Berkshire Hathaway, was 19th century bitcoin. Everything he did, back in the day was genius because that is all they had.

If you put Henry Ford into today’s world, but gave him the financial tools of the 19th century certainly the outcome would be different than if you handed the keys to somebody with the year 2025 tools.

Even a random sidenote, Cambodia, seems to be thriving because everyone here uses telegram. It’s very beneficial to business, personal communication, and it seems to be much more intelligent and robust than other countries which first adopted Facebook messenger or WhatsApp.

In fact, my personal thought is the future of Cambodia will be very bright because they use the US dollar, they use telegram, and, everyone speaks English. It is a recipe for success.

now what?

As a simple closing thought, once again, maybe you just have to rebrand your vices into virtues. And just think the simple thought:

What if in fact, all of your sins and vices were simply virtues,,, without a good PR press release team?

ERIC

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Go opposite.

A fun innovative thought, maybe in fact the best way to innovate is to go opposite.

For example, if everyone is wearing black, start wearing white!

If everyone is driving a Tesla, drive a Toyota instead.

If everyone is wearing shorts, wear long pants. If everyone is wearing tank tops, wear a long sleeve.

This is a big one for myself, if everyone is using headphones and AirPods, don’t.

Maybe also if everyone’s using an iPhone, just get a Google pixel or an android instead?

If everyone is antisocial, be friendly!

If everyone runs, walk instead.

Everyone saying porn is bad for you, do the opposite and start watching porn?

Haha this is so funny the list goes on forever! 

Never stop making

Never catch a beat:

erickimphotography.com

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Buy bitcoin with Coinbase, mortgage as much of it as you can, use the cash, to buy MSTR and or MSTU (2x levered long MSTR, which is essentially 4x bitcoin).

You can then:

1. Ride your gains forever
2. When your MSTR & MSTU stock is up, sell some of it (shaving the cream off the top, of profit, don’t dig into the principle capital) and buy more bitcoin with it
3. Then with the Bitcoin, continue to leverage the Bitcoin –> take out more loans against it, or wait and anticipate for a future in which there will be new financial products and services for your Bitcoin?

Once JPMORGAN Chase starts offering you the chance to buy bitcoin with them and or to custody it with them, then you know you’ve arrived!

Assuming Bitcoin is solidified freedom,,, then ,,, what you think is simple:

Obviously you never sell your freedom for anything!

Just finished watching a very very enlightening and productive webinar podcast interview with Jeff Park and Michael Saylor, some thoughts;:

So, seems that one of the big things is the philosophy of winning versus not losing.

Some tricky things:

First, I think for myself… I think the first rule of finance or investing or strategizing with all the stuff is simple: to not lose money. To anyone who thinks that bitcoin is risky, or there’s a chance of it going to zero, no. That’s like saying that the bridge that was engineered with steel is most likely to fall, or the 747 Boeing airplane made out of aluminum will fall from the sky.

Never buy anything that is not bitcoin

Conversely, I would say that anything that is a token, is insanely speculative in a bad way and very very risky and kind of dangerous. For example, once again, my general thought is bitcoin is the truth, the way and the life, everything else is a false profit. To use a Christian analogy, bitcoin is like Jesus and everyone else is like the people worshiping the golden calf?

My only certainty in life

Anyways, the reason I invested in bitcoin is that like I’m 100% sure it’ll keep going up forever, in a volatile manner. I think volatility is guaranteed, but also performance is guaranteed. 

Certainly as time goes on it will continue to become less volatile. Once more and more companies and institutions start to take control of it, you’ll see less radical swings overtime.

So what does that mean for us as individuals, individual investors etc.?

Practical thoughts

OK… I think it is wise to err with caution, but also be practical. 

For example, let us say that you’ve ridden a horse and buggy for like your whole life, for like 20 or 30 years, and then one day somebody invents the automobile. Maybe the early generations of automobile cars were dangerous, but, possibly assuming that it is like a world in which everyone has a horse and buggy, and then somebody offers you a brand new Toyota Prius. Or better yet a self driving Tesla car. Wouldn’t you take it?

Or better yet, let us choose maybe the most stable Tesla car, at least the design which has been perfected the most, probably the Tesla model S because simply it is their flagship model, the first one that was invented, and also the first one that was created. Or the Tesla model three which is like their new bread and butter.

Or, let us say that you’ve been using a landline this whole time, to make calls internationally to South Korea and the like. And then, I give you a new iPhone Pro, and tell you that you could just FaceTime people for free, internationally, unlimited forever, with no costs?

A good analogy

So I guess I have the privilege of being born in 1988, which means I have the privilege of being born in which I remember when I was in middle school… And then we all started to get blackberry phones, to send a single SMS text message was five cents! And to make a phone call… cost money based on how long you were on the phone.

So there are stories even in middle school, these guys and girls racking up bills for like $300 a month, which was insane for the time as a kid, because they were on the phone like three hours a day? Or some kids who had no idea and we just sent infinite text messages, and it would cost them like $500 a month?

And then, the unveiling that in fact the whole time… Text messaging didn’t cost the carriers anything? That the whole time, they were like a bunch of gangsters, collecting tolls off of something that was essentially free?

Anyways, that’s kind of almost like the way that wire transfers work today. Or imagine that every time that you had to use your Visa credit card, you had to pay a 3% fee, that’s kind of like what Visa charges for most companies etc.

Also, international phone calls, from the states to Asia. To purchase these cards were insanely expensive.

Brave new world

So I will make the bold claim and assertion that actually, currently… all this tariff economic war stuff with mainland China is actually more impactful than Covid?

Why? Ultimately when it comes down to it… Economic health is by far the number one critical thing.

Main Street vs Wall Street

For example I think that was very very shocking is that in the middle of COVID-19, all the big tech companies started to make an insane killing. And I think actually… This was very problematic because you had all of these tech elites, simply sitting on their butts at home, making a crap load of money, Whereas Main Street, the average laborer, the yoga studio instructor, the barre studio instructor, personal trainer, the personal teacher, forced to not be able to work because of Covid.

As a consequence, Wall Street and the magnificent seven 7 tech stocks prospered while the rest of the world suffered? 

Why everybody now doesn’t like Donald Trump, including the Republicans

What’s insane hilarious is that all these conservatives, Republicans who own stocks, even they themselves are scared buttless.

Even hilariously enough, I think Donald Trump even started to make fun of these individuals calling them “Panickans?” Haha. To me this is so insanely funny.

Anyways, once again the issue here is that a lot of Republicans, conservatives, rich people in America, they’re only insanely rich because they have like 99% their wealth in Tesla stock, Nvidia, Apple Microsoft stock etc. But now, with the whole magnificent seven text all crashing, because of the tariffs against China, this is kind of like a new paradigm shift. Once again, almost like going from 56K Internet, to 5G mobile Internet or fiber Internet?

Why is it so difficult for people to change?

My personal thought is that the issue here is that individuals have been conditioned to fear, and also to become risk-averse, and loss of averse, even when the chance of winning is certain.

I am 100% certain that bitcoin will go up forever, up to the right, forever, but once again, with volatility just like a heartbeat!

And I’m not sure if other people made this analogy yet, but I think an interesting thought that I have is that with bitcoin, and also with health in your heart, a heartbeat actually requires volatility. For example, for your heart to beat up and then down etc., a heartbeat cannot be steady or else you are dead. Also insanely interesting is that I think, when a heartbeat then becomes too stable is actually the sign of an incoming heart attack? So once again, you actually require variety and variation in your heartbeat, for maximum physical health.

I also think with relationships, let us stay with your spouse or whatever, a relationship without any variation or variety is bad. Like for example I would rather have relationship in which the highs are insanely high and the lows can be very low, rather than having a C+ steady relationship for the rest of my life. Once again that would be so insanely boring.

And I also think the paradigm shift here is that everyone just put their money in the boring S&P 500, assuming that it will just go out forever. But if I told you that the S&P would go down forever from now on unless you are a bitcoin backed thing, would you think different?

Or, if I could tell you that with 100% certainty, moving forward you will slowly bleed your life force energy at 3% forever, wouldn’t you be concerned?

Weightlifting

Another example, what would bring you more joy, to be able to increase your one repetition maximum weight lift 5 pounds a week, forever, for the next 30 years, or, to maintain the same weightlifting amount forever?

Or for example let us say that I could increase your one rep Max dead lift steadily 5 pounds a week, forever, which means you start off at like 135 pounds, then in a year you become 335 pounds, then in a year 475 pounds, then 555 pounds, then, 700 pounds, then 850 pounds, then 1000 pounds, 1200 pounds 1500 pounds etc.… Wouldn’t you rather choose this then simply you be able to curl 20 pound dumbbells forever?

Steady yet jagged?

So once again my analogy with bitcoin is this: it will forever be jagged up into the right! But once again, it will be like a roller coaster ride, op downs middles curves flips etc., and this is what makes it so great!

Life is a game of roller coaster tycoon,,, what kind of ride would you build and prefer?

ERIC

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ERIC KIM BLOG >

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Whoa yesterday was a wild ride.

I guess I have true skin in the game, just a quick breather.

1,000 pound lift

So I think a big thing:

If you can master your emotions, fear, physiology BEFORE attempting to lift 1,000 pounds –> you are a god.

Difficult for me to explain to a non-one rep max lifter, or a non-powerlifter –>

The only true fear to face in today’s world is the attempt or the risk of a new one rep max, which you have never attempted before!

Why?

Some fears:

1. Will the equipment break?
2. Will you injure yourself?

Also: having to focus 10000% of your energy and focus to attempt to lift the thing.

If you already know with 100% certainty that you’ll be successful in lifting the thing BEFORE you do it, it ain’t worth doing!

Master your physiology, master your emotions.

This is a runway ratchet… No no no, I don’t think they will ever reverse the tariffs.

The death of the magnificent 7

The magnificent seven, the top text stocks, Amazon Apple Facebook etc. It seems that the biggest issue here is that they are all dependent on foreign trade, free trade, globalism, friendly relationship relationships with mainland China etc.

Even the big one… Apple, not a good sign. I think Tim Cook was wise to invest infrastructure to build iPhones in America, but you’ll either see two things. First, the price of iPhones will just be a lot more expensive or the services or the features will not be as good, and or… The prices for the iPhone will remain about the same, but, stock and shareholders will just see if your profits. Less growth more stagnation.

Who is safe?

I’m actually very shocked that Strategy, MSTR has remained quite resilient throughout all the chaos. On Friday it actually traded up, and starting this week, black Monday 2.0, MSTR is actually holding up very well!

The future is digital

The future is digital, cyber. Not physical products, but digital ones. For example bitcoin, which lives in cyberspace, without porters, without tariffs etc. I think the new future of profitable products will be bitcoin based.

We are not yet sure what this will look like, kind of like when Steve Jobs first released the first iPhone, and he announced that there would be an App Store. Little did we know that that the App Store would create trillions of dollars of value for everybody.

Imagine a bitcoin App Store?

Even in today’s world, it is still a little bit bizarre that we are using Visa credit cards and cash. Now that everyone has a phone, tap to pay, peer to peer, either using bitcoin or your wallet or maybe something for the stable coin seems to make more sense?

Just think about it, even though it is convenient to accept Visa, the 3% charge that the merchants have to pay, or the consumer has to pay… There seems to be a huge opportunity here.

Also, it seems the whole time, everybody has been living very fat. Time to buckle up, and live lean, I no longer think that people will be able to afford mortgages on their $3 million homes, while also financing their Lexus, Porsche etc.

Why all the models are broken

Donald Trump seems to have been the ultimate black Swan. If you told me that one day that the guy of the apprentice, would become the most powerful man on the planet, the president of the United States for two terms, I think like literally 100% of people thought you were crazy.

Also this tariff war, surprisingly it was actually not out of nowhere. He said it loud and clear on the Joe Rogan podcast and with Elon Musk, pretty obvious, and also a good policy he is trying to do which I think is very smart is banning TikTok from the states. It is simple reciprocity;

Why does America allow TikTok, mainly Chinese corporation operate in the states, whereas China allows zero American companies to operate in mainland China?

Saving up for your retirement was essentially betting that the magnificent seven would go on forever

Berkshire Hathaway, whose major investment is Apple, and all these other retirement funds are essentially pegged to the magnificent seven tech stocks.

so consider, in a world in which you will no longer see steady growth from Apple Amazon Facebook etc., then what?

Bitcoin is the answer

I think it’s pretty obvious, it’s like the Internet 3.0. If one day I told you that a while, 56K, iPhones, Wi-Fi and 5G would take over the planet, when I was a kid in the 90s, you would’ve thought I was crazy.

Sometimes not taking a risk is the most risky option of it all

If life were a corny movie, kind of true. Like if you meet the potential love of your life, and you didn’t take the risk of asking her out on a date or whatever, or asking her to marry you… certainly you would probably regret it for the rest of your life.

Who will thrive in today’s brave new world?

I have a prediction. Moving forward, we will never ever ever see stability again. It will continue to become more chaotic, more hyper, more volatile.

Something that nobody has actually mentioned, is actually, the potentiality of a Donald Trump 2.0, somebody who is actually more volatile and unpredictable than him? 

Eric Trump?

Hilarious he shares my first name! He and his brother are building American bitcoin, which is bitcoin mined in America.

Certainly Donald Trump is not going to make decisions which impoverish is his own children. So isn’t it super super obvious that bitcoin is the future and the way?

New economic models?

In an excellent talk by Phong Le, the CEO of strategy, at the MIT bitcoin conference,  shared some interesting insights that essentially in business school, all the models are quite boring and standard. Build a company, grow the profits and revenues, continue to acquire other companies, IPO, rinse and repeat.

Or, you become a consultant or a banker, a money manager.

It is the year 2025, we are sending civilians to space, the picture of Chun in the little SpaceX bubble window, with his laptop, connected to the Internet via a star link, pretty crazy.

“Are we the first generation of digital nomads in space?” – Chun

So why are we still like living in the 19th or 20th or 21st century? We gotta think the 22nd century and beyond.

Baby boomers are dead

Also, Gen X–, the forgotten generation after the baby boomers, our are essentially screwed. 

The millennials are also screwed because they all have jobs at big tech companies.

Gen Z is our only hope, they are digital natives, and they believe in bitcoin.

Live for today day by day

Carpe diem!

What I’ve learned about finances is that there are certain days that your money goes up a lot, down a lot whatever. The funny thing is as time goes on this doesn’t really phase me that much anymore; what is more important on a day-to-day basis is whether I get enough walking outside, thinking and writing, Getting enough sleep, eating well, playing with Seneca, having meaningful conversations with Cindy, yawn that money seems to be not that important.

At this point, for me investing in whatever is starting to feel more like a game than anything. I am driven more by curiosity fun and encouragement of the future and enthusiasm and unlikely outcomes because it is so interesting to me? Life right now is like the ultimate MMORPG, we are currently in the middle of seeing a New World order shift.

Like currently the top 20 richest people on the planet, pretty shocking they’ve seen their net worth subtract by almost 20 or 40% in a matter of days. Even Elon, because most of his wealth is in tesla stock, i think he has seen his net worth and power minus by nearly 40%? 

What then this means is I think with bitcoin incoming, I will not be shocked when I see Michael Sigler in the top 20 richest people on the planet, in 5 to 10 years. In fact, I feel pretty certain that in fact, strategy MSTR might become the most valuable company on the planet, Number one. Dethroning Apple.

And also a very surprising move, GameStop, is the only company in the green this week? And they are pivoting to also accumulating and acquiring bitcoin?

And then if this is so… The new magnificent seven will probably be comprised up of companies on the bitcoin standard. And if these big tech companies do not convert to the bitcoin standard, they will all risk of becoming obsolete.

Wow, life in Cambodia Phnom Penh is so good… Too good! 

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Serviced apartments

So we just signed a three month lease, for a nice service department. This is kind of an interesting concept… In which you’re staying at a super nice floor to ceiling window apartment condominium, and twice a week, cleaners come in and clean your whole place?

Thinking about life in Los Angeles… I’m like a peon having to vacuum my own place every day… Take out the trash, clean the windows etc. Here, life leverage is like a trillion times better.

First, I’ve just recovered so much free time in the day! And also,  found a really wonderful international school year for Seneca, this play based, color based artistic free range “Waldorf school” (without the anti-VAXxers), and now… Life feels infinite?

Labor

The big thing about being in Cambodia… Labor is so plentiful and cheap. Typically in the states, we find most of our labor from like Central America, Mexico El Salvador Guatemala etc. Yet the problem is they’re still being paid like $20 an hour, which means Labor is still so expensive in America! Triste to Cambodia, in which a laborer just makes like $150 a month, your US dollars goes a lot further here.

Thinking global

So our current apartment is probably like 1000 times better than our apartment back in the states, in which we pay $3200 a month here it’s like $1500 a month. But like at least 100 times nicer.

Therefore think about the economic parity here;  paying half the cost, for 10,000 times more service and superior facilities and lifestyle?

is there anything I miss about the states?

Certainly living in America, you have the ultimate access to commercial goods and products. However beside this… Nothing I really miss about this dates. I kind of miss my Texas power squad bar at home, and my 50 kg steel plates, but besides this… Nothing I miss.

Like like 1 trillion times better; and even ironically comparing Phnom Penh to LA — PP is like 1000x better? In terms of walking around, the friendliness of people, and everyone here is just happy!

My theory is that Buddhist countries, Cambodia Thailand etc.… People are just much happier! Much kinder, more friendly, more positive and optimistic!

Send call Sam made an interesting observation is that you don’t see many police officers in Cambodia, perhaps because there is less heavy theft and violence. Certainly there’s probably some crime that happened here like petty theft, but you won’t be worrying about some sort of random talking in LA with a concealed gun?

Safety

Also a funny thing… I feel like 1 billion times safer in Phnom Penh than Los Angeles. Once again here is again at the whole concealed gun thing; I have no issues getting into an argument with a random Angelino on the streets about him being an asshole smoker in public, but the only fear I ever get is that if I get into some sort of aggressive behavior with somebody on the streets in LA… Once again they’re gonna pop out a gun and pop me.

Living in a country without guns is better. 

Pace

Even during peak rush-hour here in Phnom Penh, it is shockingly peaceful quiet, very very little honking. You get a lot more honking in Vietnam in LA that you do here in Cambodia.

The country

One of the problems about being in Vietnam or other countries, China adjacent countries is that there’s some sort of fear that comes with social media Internet monitoring and censorship here in Cambodia I don’t feel none of that.

Also, the friendliness and kindliness of people. One of the weird things about being in LA and the state is that everyone is trying to size you up, people are very very suspicious in a bad way, and very antisocial? Here everybody smiles at you, greets you, does the hand together peace gesture and the subtle bow. People are far more respectful than even Koreans, and also genuinely kind.

is there any good reason to not live in Cambodia?

I don’t think so. A subtle nuance, I really don’t like Siem Reap, I prefer Phnom Penh 10000000x better. Why? Too many degenerate expats in Siem Reap, and also, my theory is that because PP is a real city, much more built in joy and optimism here!

Developing growth

So also a big thing… I think people tend to be happier when there is optimism, upward growth. For example here in Phnom Penh there are so many new skyscrapers and condominiums currently being built, which is a very optimistic site! The reason why it is so wonderful is that we are still in the earliest stages of capital and capitalism here, the downside of being in America that already feels tapped out.

Therefore as a principal: the idea is that, upwards growth is an idea? 

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Towards what ends?

This is where I started to get interesting… Once you no longer really really need the wealth, but if it becomes more of like kind of a philosophical thing or a principle, then what?

For example, a happy thought… I could live like 1000 years in Cambodia and never run out of money without even digging into my principal. 

I think the poverty mindset that we get an America’s because once again… Everything is so expensive, everything then feels untenable?

The irony is even for the rich, life in America kind of sucks. For example, even for the super rich, most people do not have full-time nannies, or full-time living in with them?

I think if you’re wealthy, at best you might have like a cleaner who comes in pretty frequently and cleans up. But ideas of like having a private driver or stuff like that, a non-concept in America.

Thinking Asian 

Also what I like about here is that when it comes to labor, cheap labor, the standard worker, there is not a strange sense of indignation that you get from people in the states. For example that American mentality is that “this work is beneath me“, But here in Cambodia… None of that. Everyone is happy grateful, and far more joyful!

Even the sense of optimism and striving here, much more positive. Everyone certainly wants a better living condition, but it’s not in this angsty way that you feel like in America. 

So now what?

So now, assuming that you live in a happy optimistic place, then what?

For myself… Then it comes down to pioneering and experimenting with new modes of innovation. Autotelic innovation — creating new things and innovating for the sake of it? Rather than having to innovate in order to earn more money or whatever? 

ERIC

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Things on my plate

1. Revamping arsbeta.com:  perhaps with the assistance of ChatGPT, and Grok for the coding stuff?
2. Getting back into social media, specifically the blue check paid premium X — I very much like the ethics of a paid social media service, no hidden catches.
3. Building an X bot, in the voice of ERIC KIM

ChatGPT composition checker

One thing I encourage you to check out and experiment and play with is this ChatGPT bot I made, called “composition checker”. I’m pretty sure… It has like over 1000+ conversations so I think it’s assigned that having some sort of AI Chatbot that can help you get instant feedback on your photos how to improve, this is a good idea.

Also something that I’m kind of working right now towards is heat map searching and mapping for images. This will be a new arbeta.com function I’m going to try to add. 

Now what?

You got Grok, and ChatGPT pay… Infinite opportunities here?

ERIC

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BLOG, START HERE

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Choose audacity

The closing thought:

When in doubt, become more hard-core, audacious, reckless?

ERIC

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Get (human) feedback on your photos

Upload your best photos to Arsbeta.com >

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BOOKS

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Perhaps Investing in Some Ephemeral Things Is a Good Idea!

Not everything needs to last forever?

So a big thing; life is a femoral, you don’t live forever. Bitcoin will last forever but your own personal life will not.

As a consequence, realizing that your own personal life is fine night is typically a good idea. But also to invest your energies towards the future, future generations that will outlive you is a very noble idea.

your kids kids kids

So big thought I’ve been having at least in terms of building the family bitcoin treasury for future generations, I almost have like zero interest in presently using our family treasury towards myself, besides simple stuff like purchasing weightlifting equipment, weights etc. And also I guess the upside is  that the barbell and weights that I buy today, Seneca could use it as he becomes a teenager, and one day he might be able to even pass down these weights to his kids and their kids.

The opposite of selfish?

You only live for yourself and the only thing about yourself your own well-being, using your own money for yourself… Your own lifestyle, it’s very selfish. The tricky thing here is that selfish doesn’t mean evil, it often just means shortsighted. 

Also the big realization is that concern for your kids and your family is different than concern for this ambiguous “world”, the way you treat your own family should be very very different than the way you conceive of random other families or kids.

So for example, thinking about money inheritance and capital, a very very simple precept that I might be able to give to Seneca:

Never sell the family bitcoin 

If we think of bitcoin as the new perfect digital capital, it is like saying that you own a hotel or prime real estate on fifth Avenue in Manhattan, on the main island in New York City, to sell a portion of that to purchase some silly thing.

The wisdom of every single wealthy family on the planet is simple: you never sell the property, but rather, you use it to leverage and lever up, and what you actually do is your leverage your capital – like taking a mortgage or loan or using your property bitcoin or real estate as collateral, in order to continue to grow the family fortune. 

The fear of every bodybuilder 

So let me use a fun analogy, weightlifting and bodybuilders, or even powerlifters. The fear of every single person is losing muscle mass, losing weight, for also… Losing their one rep maximum lift.

Another one which also ties in finances — the fear of plateaus. 

For example, let us say that you accumulated and acquired a certain amount of bitcoin. This is great and wonderful, but once you hit a plateau in which you are no longer able to accumulate or acquire morbid, this becomes extremely annoying. And therefore, we will use our ingenuity in our creativity to devise of new ways in order to accumulate and acquire more bitcoin.

The same thing goes with money managers finances, investors… The goal should be towards infinity, rather than having a certain hard set amount. This is the genesis and the origin of human desire and capital. 

For example, the way that a lot of weightlifters are very shortsighted is that they have a certain number in mind, and then they strive with all of their might power and soul toward this lofty ball… But once they hit it, they then become complacent, and stop being creative.

I’ll get the example, my very very strong desire was to atlas lift 1000 pounds, but once I achieve that goal, I kind of lost a desire. And this is not a good thing. After fumbling around, tinkering, identifies of a new way I could lift even greater weight, with less strain, and with greater leverage, this genius idea of being able to use a weightlifting dip belt, to wrap it around the center of a barbell, to essentially transform the rack pull into a glorified hip lift,  and the thing which is quite amazing is that it is actually very very easy to lift weights when you have it around your hips. The only reason I don’t think more people do this is that a weightlifting hip belt machine is not available at most gyms, and is not mainstream. I know there is a Titan fitness machine for weightlifting with your hip belt, but I also think the problem is that because there are no weightlifting competitions in which you use a hip lifting belt, it is not standardize like a bench press a dead lift or a squat.

Don’t have a number in mind

The proper answer to what your number is, should be “more“.

One thing I like about considering the whole bitcoin economy, the whole world economy is that wealth in capital is infinite. Currently, you consider all of the world’s capital being around $900 trillion, and thinking half of it is for a long-term store of value, 450, trillion, Those are big numbers.

Even if you think about the whole world economy… Being $900 trillion, and even having the ambition of owning one percent of it, this is a good goal.

How and why do we think so small?

I think the first big thing is that we must think global. The biggest problem that I think we face is that we think too insular.

For example, if you live in the states, Los Angeles America California or whatever… Realize that you actually live in a tiny bubble. Even though LA California is huge, still… If you think about it globally, you are just another insignificant dot on the world map.

Let me give you an example… I’m currently voice dictating these lines on my iPad Pro as I walk through the beautiful streets of Phnom Penh Cambodia.  once you make it to Asia Southeast Asia and beyond you will realize how much life sucks in America. Even for the rich.

For example we’re currently doing a short term stay at a lovely serviced luxury apartment here, only about $1400 a month, for light peak luxury. The largest floor to ceiling windows of all time, the best in front of staff, everything insanely brand new and wonderful.

And then I think about being back in America and LA… It is insane you’re buying these like $2 million homes which are built in the 1920s or the 1950s? Why would you spend so much money on decaying capital? 

Certainly there are many upsides of living in America, I think the biggest one is access to capital markets, access to the US stock exchange. For example one difficulty that I am having being here in Asia time is having to either stay up late or wake up at like 1 AM or 2 AM to execute certain orders on the stock exchange, in regards to MSTR stock, or more recently taking a leveraged margin option of purchasing MSTU, which is essentially an ETF which is designed to be 2X levered long MSTR, microstrategy (Strategy) stock.  And after having to wake up super super early in the middle of the night, having to stare at a shiny iPad Pro screen in the middle of the night, disturbing my sleep, feeling like crap the next day, even a funny thought:

All the money in the world is not worth losing a good nights sleep? 

Therefore I think a general idea is that it is better to be more greedy with your energy sleep and time and energy rather than being greedy for money? Because energy sleep and great physical health is worth 1 billion times more than all the money in the world. 

For example, you cannot like inject $1 million into your left butt cheek, hoping that it will give you a good night sleep. No, often the worries about finances will keep you up later tonight, ruin your sleep, and ruin your health.

Even look at Elon Musk, the economic goat, if you just give him a good look and a good stare, in his zoom calls and interviews or whatever… He looks like the worst health of his life. And Elon is notorious for having poor health because he thinks too much like a nerd, I don’t think he really understands the criticality of health. 

And also, I think everyone has his own mission critical mission for their lives. Elon’s goal is to take us to Mars and beyond, this is not my goal is it your goal therefore the way we conduct our lives should be different.

For me my primary concern is the thriving of Seneca, and also, thinking about his kids kids kids. Also for the health of my mom and Cindy, my whole immediate family.

What should I not be concerned about? 

I called this ERIC KIM‘s razor, — to ruthlessly prune away all distractions.

Let me give you an example, I have made like 100,000 times more money by just investing in bitcoin, MSTR stock, and just staying focused, rather than wasting time on text messages, email, or social media.

And I think this is a big thought: in the last like 15 years, there has practically been no financially lucrative opportunities that have ever magically come to me through my email inbox. Therefore ironically enough… I think the secret of becoming richer and wealth you’re making more money is via negativa; not using your email inbox?  

Only news now I consume is Twitter X, anything related to bitcoin. This includes following at @saylor, BTC archive, documenting bitcoin ,,, is where I get like 99.9% of my signal. The rest comes from my morning walks, Zen out, letting my mind go follow, thinking by myself for myself on myself.

a non-material existence

The thing which is always so shocking to me is the second that I settle into life when I am in Asia, I become like 1 trillion times more zen. For example, no more silly cravings for silly vehicles, possessions and stuff, no more desires for Amazon prime or online shopping or purchasing stuff. Rather, a greater focus towards thinking, pursuing creative capital, empowering ideas and thoughts? 

---

So kind of a bad philosophy that I have… After thinking about this for a long time, assuming there is wise and there is foolish, there is courageous and there is cowardly… It seems that the truth of the matter is then, assuming that most people are foolish, what that then means is that most people don’t know what is good for them.

For example, the fault of the Austrian economists like Murray Rothsbard etc is that they say that each individual is 100% rational agent, which means that the decisions that people made for themselves, is for their best interest, even though we made sneer at them for being foolish. 

OK then assuming that the majority is right, that then means that 80% of Americans who are obese and overfat is a good thing, that the Toyota Corolla is the best car on the planet, that Starbucks Frappuccino‘s are the best beverage, and that McDonald’s hamburgers are both the best food item in that McDonald’s is the most successful restaurant of all time. And that China mainland China because she has the highest sheer number of individuals, is the best nation.

Certainly we know this is not the case. The reality of the matter is that assuming that we are the new Spartans, King Leonidas and his 300… certainly better to be a spartan 300 than one of the million Persian slaves, and also, better to be a Sparta with her few inhabitants than Persia.

Visuals

In reading the politics by Aristotle, the good idea I have is… Thinking of this notion of being a philosopher king. The general idea is that almost all of the systems are bad.

For example, according to Aristotle democracy is bad because for the most part it is governed by a bunch of poor people, without much virtue because freeman Are the only men who could actually attend virtue, because they actually have leisure.

Certainly Aristotle knows that tyranny is bad.  but I think the difficult thing is that people kind of define tyranny in an imprecise manner… a tyrant is actually an individual in which all the power resides in one person. 

Oligarchies are bad because oligarchies only imply rank based on riches. 

Then what is the direction we head towards?

I’m King Leonidas 

I was recently re-watching the movie 300 on the plane, thinking of King Leonidas, as a child, not being thrown off the cliff, and then, in the winter with the wolf, no fear just a heightened sense of things – a similar feeling, right beyond the first and the last moment with King Xerxes, the final stand.

Obvious decisions are obvious

Typically, when I’m not 100% certain about a decision, I just put on my weight vest, and I go on a long walk.

Once you have come to your decision, obvious decisions are pretty obvious.

Maybe once you have reached your obvious decision, it is like casting your spear, with your form perfect, throwing it straight into the head of Xerxes.

---

Once you throw the spear, don’t look back.

ERIC



So not to invoke too much weird conspiracy theories or whatever, trying to think about this more sociologically and philosophically, I like this idea of thinking about social engineering, being a social engineer etc. 

Thank god for sociology

First, I’m starting more and more… That my studies and deep dive into sociology has actually yielded amazing fortunes.

First, ironically enough, studying sociology and teaching me to “de-matrix” myself has made me a lot financially richer. Like insanely a lot.

For example, I’m pretty certain and committed to the idea that anybody who got in early on bitcoin, like I did in 2018, when bitcoin was only $6999 a coin, you kind of needed a little bit of disconnection from reality, etc. For example, starting to unlearn ideas of currency etc., back in 2017 when I was zenning out in Vietnam  was certainly one of the greatest windfalls in my life. 

People like to talk a lot about “reality,” perhaps it is better to think about first principles physics etc.  for example, I’ve been doing another deep dive into my best friend Aristotle, and one of the greatest things about Aristotle, and honestly the funny thing is that nobody criticizes the great Aristotle, because he had his head screwed on well, the general idea is that I think the best way to profit in life is to think first principles, back to basics.

For example, Aristotle in his ethics, talks about chief goods, which essentially means the end goals or desires that we have of something.

first principles,  thinking from first principles maybe one of the greatest superpowers of Elon Musk. For example, if you think about Tesla; rather than thinking about “how to make a better car“, which is just the Toyota kaizen Way  i’m making each generation of the car about 3% better indefinitely, a first principles approach is like asking the question “what should a car be and what should a car look like?”

Other example with Steve Jobs, the original first principles thinker; when he was prototyping and imagining the first iPhone, rather than thinking by analogy, which is like how do we take a pre-existing blackberry and make it “better“, he reimagined the whole thing. He had the genius idea that it should just be all screen, And to get rid of the physical keyboard, even though people were addicted to their crack berries with the physical keys. I still remember in the early days when I was in high school, even an early college, when the original iPhone came out, people will talk about how their words per minute on the blackberry was like 1 billion times faster. But now, once again thinking about first principles, I never type anything with my fingers on my thumbs anymore, only voice dictation. Why? Voice dictation is still like 1000 times faster than typing on a keyboard and certainly your thumbs. 

I’m pretty convinced that the only reason people don’t use voice dictation more is because they are fearful of looking stupid. And this is where I have found it insanely beneficial to spend a lot of time traveling being in different countries etc., other countries they use voice dictation like almost 100% at the time. For example in Cambodia, to type in Khmer the local language takes like 1 trillion stroke so everybody has devised that it is actually much more efficient to voice dictate everything.

Also, one of the grand upsides of interacting and mingling with mainland Chinese, who often walk around the grocery store with two brand new iPhone pros that done each other, hand holding it, is that they have mastered the art of voice dictation out loud, with zero shame.

If anything, the only reason why people hate mainland Chinese people is that they wish they were them; full of zero concerns about other people their perceptions, all wearing Louis Vuitton, and they really don’t care about what other people think about them. And they’re like 1 trillion times richer than you. 

Courage of being outside, the courage of social life 

So after 10 days in Mexico, 11 days, going to see the monarch butterflies in Mexico at Valle de bravo, Mexico City, and also renting a car and driving for a few days, what have I learned?

First, ironically enough LA is kind of like paradise, especially being in West LA, Culver City. Why? First, one of the biggest issues about a lot of these great foreign countries, is pollution. In the race to industrialized, pollution is out of control. For example I love Mexico City to death, but one of the critical issues here is that There is so much pollution outside, and I don’t think there really are any laws against pollution there, so you see so many trucks without Cal converters driving around, smogging up the air. 

Second smoking. For me, one of the things I made hit the most in embody reality is secondhand cigarette smell. And this is the big ethical issue: 

Technically, when a smoker smokes a cigarette, because they are doing it through a filter, they actually are being exposed to less cancer than their secondhand smoke which they shoot out.

First do no harm unto others. This means ethically, one should not be permitted to smoke in public. Public means where there is other people who are walking around you.

Which means, ethically, it is fine for you to smoke inside your house with your windows closed or your car windows closed etc., but ethically, one should not be permitted to smoke outside in public or on the street.

What are the things which is actually insanely infuriating to me is that people have a strong sense of indignant about smoking in public like he has some sort of God-given rights to do so? Not only that but most people are kind of wimps, they are a bunch of sissies who don’t have the courage to ask a person to not smoke in public. Especially when you’re with your kid.

Actually this is a big thing I’ve personally discovered for myself is that things are now different once you have a young kid, I think in the past when people would smoke I would just take it, but now that I share the air with Seneca, it is for his sake.

Therefore, my thought on being a defender or an avenger is to simply defend those who you love, obviously your firstborn son, your wife, your mom etc.

Protect and defend those who you truly care for. 

Meat Paradise 

Going to Costco yesterday, picking up ribeye steak, beef ribs etc.… The truth is seriously in America we have access to everything. Even Amazon prime, we are seriously living in the best world of all time.

Also another random thought; the upside of living on the second story apartment building, you have access to more natural light! Nowadays the meme is for a lot of wealthy LA homeowners to build these funny two or three story mini building block Lego houses, but the great tragedy here is that when you’re on the bottom floor, you don’t have any access to natural life. Therefore the name of the game is to keep building higher, the second or third floor, in order to absorb a little bit more natural light.

Even my mom who had this very interesting idea is that why do plant humans other natural beings need water? For photosynthesis, photo like futons, the light, and to synthesize energy and power.

Also ironically enough if you think about the word photosynthesis, and that we are photographers and we shoot and we make photos, shouldn’t we integrate more light photons into our everyday life?

Photon Canon!

One of my favorite games is a kid growing up was Marvel versus Capcom, and also one of my favorite characters was Iron Man, and also war machine. They had this pretty cool super in which Iron Man can shoot a photon cannon.

Pretty cool because you could hardness the power of the sun, you could do real damage?

Also a fun idea is that actually, if you think about the genius of Elon Musk, Tesla, solar city etc. is the general idea of harnessing the power of the sun, solar panels solar panel power , as certainly the future.

Certainly the technology that we have access to right now doesn’t have enough power yet, but, it seems to be the most logical path forward.

harnessing more sun in your own everyday life?

Therefore the funny idea I have; maybe if you desire more strength power or whatever, just spend more time outside in the sun! If you’re afraid of the sun put on some sun block or a hat, but no no no you will not get sun cancer.

Certainly there are cases in which if your heritage is super super north Sweden, and your pale as a ghost, then maybe putting on sunscreen and hat and stuff is a good idea, but still, don’t be afraid of the sun, embrace it!

goals?

So, some simple thoughts:

First, still… Whenever I meet a lot of people their life goals and dreams and ambitions typically involve some sort of travel like traveling to Japan, etc. And even though traveling could be seen as a little bit superficial sometimes, I still think it is a super good idea because it will really really open up your eyes to the rest of the world, to re-challenge your typical assumptions, etc.

Second, create your own doge.  Department of governmental efficiency is literally about just cutting programs which seem kind of superfluous. Political matters aside, I do believe it is a good idea to try to cut superfluous expenses whenever possible, and therefore, it seems that it will almost always be a smart economic decision to cut costs, efficiency is all about cost cutting. 

Also, what a lot of people do not understand about Elon Musk, Jack Dorsey all these great entrepreneurs, is that in fact, they’re genius is sprung from the fact that they are masters of efficiency and cost cutting. Even Jeff Bezos, don’t forget how he would cut out Doors from Home Depot to create desks. Even apparently CEOs at IKEA all fly economy as well.

Spartan Sexiness

Some superficial things I often think about is like what is the best car, the best clothes etc., but the truth is the best shirt is no shirt, being topless or shirtless, think of King Leonidas and his 300.

Even pants and shorts, essentially know that the Spartans were all essentially in male bikinis. Even a kind of random thing is that my last pair of ex officio underwear that I purchased were the black “give N go 2.0” briefs — not the boxers, but the ones that look like a speedo.

Sublime samurai

One of my favorite visuals is this all black all Matt black samurai in full samurai armor, with some hints of gold and red tassels, from chubby cattle.

Even though all black everything all that black everything is kind of a superficial aesthetic, screw it, it’s still pretty good.

bitcoin belongs to me! 

We are all Satoshi we are all Michael Saylor

I think ultimately my great pride of owning bitcoin, bitcoin is like a bitcoin owner or a property owner, is that there is actually a deep sense of pride in owning bitcoin.

Considering that I’ve been stacking bitcoin since 2018, like at least 20 or 30 purchase orders, I guess I am really committed.

Even though bitcoin is still kind of political now, considering the US strategic bitcoin reserve act,  one of the big ideas and thoughts is that bitcoin is for the most part, pretty a political which then means, you can just bitcoin and chill, without having to stay updated with annoying news about all this ridiculous political matters and affairs. 

So a big thought on my mind, is thinking and wondering what is more valuable; bitcoin, microstrategy, something else?

So one of the first investor announcements in which I attended, live webinar, hosted on Zoom, for micro strategy maybe like October 30 last year… Very very exciting as it was my first time attending a live investor call. To see Michael Saylor in the virtual flesh, life was really really exciting… Like seeing a live rockstar!

Anyways, well what was kind of interesting was Michael Saylor branded microstrategy as a “bitcoin treasury company“, or funny enough a… “BTC”.

In another talk Saylor did in front of a bunch of investors, maybe a month prior to that, Michael essentially noted that essentially microstrategy was becoming a bitcoin bank, however you cannot do overnight deposits and withdrawals which means that microstrategy has a permanent base of bitcoin treasury. And if we think about the greater macro trends of bitcoin going up forever to the top right, then what that means is that microstrategy is easily poised to become a $1 trillion plus company. Maybe at least 3 trillion or even 10 trillion in the next 10 to 20 years?

Bitcoin bank

I think for a long time if you said, you can invest in a bank, in the early days– it would be seen as a winning bet. For example can you imagine investing in JP Morgan Chase like 120, 200, 300 years ago? Certainly your family would have a fortune.

Or another analogy is like becoming standard oil, becoming an oil company, investing in oil. Certainly everybody understands that oil is valuable, but the way that John D. Rockefeller made it very very useful was being able to standardize oil, and transform the crude oil product into useful stuff like creating asphalt and also Jet fuel engine, and the gasoline you put in your car.

Standardizing Bitcoin, Standard Bitcoin

Year 1!

We are still in the early days of bitcoin, and now… The floodgates have opened. I feel like the whole planet right now is like a crypto arena, like a real life game of gladiator, a crypto Colosseum.

Anyways, things are starting to get fun and interesting; the reason being that now when everyone is becoming to get scared shitless, this is when the real fun begins! If anything, I’m hungry to get access to more capital, to invest when everybody else is scared. I guess having big balls is a huge benefit in today’s fun exciting volatile world.

Wagyu is the key

In a totally unrelated note, on my 37th birthday, I had the extreme pleasure of being treated to the “gold”, level of all you eat Japanese Wagyu Korean barbecue style, in Little Tokyo at my new favorite restaurant on the planet, “Chubby Cattle”. All you can eat wagyu, A5 Wagyu… I love America!

And also kind of unrelated, probably one of the best kept secrets is that Costco sells American style Wagyu beef, ground beef, 70/30, in these bricks, which taste insanely good and great, and is only maybe like I think five dollars a pound? Typically my favorite is beef ribs, but one of the big problems about beef ribs is that half of the weight is just a bone, which is in some sense “filler”, unless you instant pot the rib bones later to make a beef bone broth soup, which is also a good idea.

But anyways, I had only about 3 pounds of the Costco Wagyu ground beef last night, just cooked as simple burger patties, and I slept in like two minutes. I’m almost wondering… If you suffer from insomnia I have a hard time sleeping whatever, just try this; get a bunch of the Costco Wagyu ground beef, cook it at home on your fry pan or air fryer, try to eat at least three or 4 pounds of it, and then I can almost guarantee you that you’ll fall asleep immediately. And the upside of sleeping insanely well  is that the next day, you wake up with so much bigger joy excitement, strength wellness optimism happiness and glee, and isn’t this what everybody wants?

No man or woman can resist staying up,,, if you’re eaten 5 pounds of Wagyu beef!

When in doubt, eat more Wagyu!

Weight lifting

I’m starting to think more and more, certainly anybody and everybody can benefit from weightlifting, doesn’t matter if it is your 69-year-old mom, your neighbor next-door, you and your wife your kids whatever.

Instead of thinking of it like weightlifting, maybe we should think of it like gravity training. If you think about Goku in the gravity chamber, the basic concept and principle is simple; you’re fighting against gravity, which will strengthen your tendons your bones your ligaments your body your muscles etc.… but I think the key idea and the key secret is towards strengthening and hormesis; you do not want long-term stress on your body at a medium intensity. Instead, you want an insanely high stressor or insanely high impact, for like half a second, for an insanely short duration, infrequently.

For example, better to lift 1000 pounds, once, for half a centimeter, once a week rather than to lift 100 pounds, 100 times, five days a week.

ONE REP MAX IS KEY.

Don’t be a runner, be a sprinter!

Also in terms of fitness, better to do insanely short fun sprints, for like 30 seconds, the “HIIT” style, high intensity interval training rather than “run“ for like five hours straight?

Or better to train for the 100 yard dash then to train for an ultra long marathon!

Also if you think about it… Think about 0 to 60 times, this is the ultimate test of any car. Better to go plaid, 0 to 60 in 1.99 seconds, then to drive a Toyota Prius for like 1000 miles.

Once again, better to Usain Bolt it than to be one of those emaciated dying into low looking ultra distance runners. 

Ground beliefs

So, assuming that you have the ground truth that bitcoin is going up forever, in a very volatile manner, very jittery, up-and-down, but ultimately to the top and right forever, then what?

I also have a very interesting personal thesis about returns; maybe from a physics perspective, the general idea is that in order for a high to go higher, you need a lower low?

For example, if you did not have insanely high dips down, you cannot have new insanely high highs?

This also becomes interesting as a life philosophy, in theory if you want higher highs, you also need lower lows?

Maximizing pleasure & joy?

I think what a lot of basic hedonists don’t understand is that actually, if you desire a higher high you also need a lower low. What that means is simple; in order to harness a higher high, you actually need to become more spartan, sparing, embrace fasting.

For example, rather than blowing your load every single day, if you want to in theory maximize your hedonic sexual pleasure, you would actually in theory… Want to be celibate for like 29 days, and only have intercourse once a month? 

Similarly speaking, if you were dumb rich, you would not want to buy a Lamborghini each and every single day, 30 days straight, 365 days in a year straight. This would probably not bring you much joy. It’s kind of also like eating Japanese A5 Wagyu meat, it is only enjoyable if you eat it like once a year, once a month at tops, if you have it each and every single day, even the richest most wonderful thing can lose its appeal.

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I LOVE LA FOREVER!

My mind is blown… It’s like February 2, still technically dead winter, and the sun outside is so beautiful warm and nice, I could still be shirtless end of January early February? I’m never leaving this place!

Actually one of the funniest thoughts I have about leaving the state going to Vietnam for about a month Hong Kong for a weekend being back… Things that America, LA and the west side have going for it:

1. Air quality here is 10000x cleaner and better than Asia: Ironically enough, one of the greatest benefits of being in the west side, Culver City etc.… Is actually, there’s not many smokers. It is quite rare here. Compare this to being in Hong Kong Kong, in which literally like 99% of the men all smoke in the streets? And also being in Saigon, I love Saigon to death but the downside is because of the rapid industrialization, the pollution in Saigon and Vietnam is so bad.
2. Access to meat: in another funny turn of events, actually, having access to beef and meat in America is like 100 times better than anywhere else in the world? If you’re in Asia , getting access to beef is actually very difficult; I suppose all the government subsidies for beef in America will benefit us. 
3. Freedom of speech: after being in Asia, the truth is you don’t really have freedom of speech in Asia. One wrong sentiment and boom, you’re gonna get a knock on your door. And also… Internet censorship, no no no, the Internet is not censored in America, it is more or less 100% free. Just try going to anywhere in Asia or Southeast Asia, when certain websites are banned or blocked or whatever… And then your mind will be opened. Even a simple thing… If you’re in Hong Kong, you cannot use ChatGPT. 

What if where you currently were standing were already paradise? 

I also have another funny sentiment; actually a very positive and optimistic one: we forward in 2025 I’m just gonna think that everything is good, even the “bad”?

So simple!

SimpleStrategy?

One of the best nights of sleep of all time… Eating a pound of beef liver, cooked perfectly medium rare, a bunch of why you ground beef from Costco, 70/30, I think hitting the socket around 7:30 PM, waking up at 7:30 AM, wow, that 12 hours of sleep? Anyways I feel reborn.

January 31, 2025… My 37th birthday! Wow, seeing it in type looks really big. Maybe I’ll be stuck at age 36, or 26, or 16 forever.

Anyways, towards my Zen training, I think a very very simple way to start life is when you wake up first thing in the morning, take your shower your bath whether hot cold or both whatever… And then when you start drinking your morning coffee tea, or maybe both, to just resist the distractions of profits loss, gains or whatever… To essentially have a practice of not exposing yourself to any information in the morning first thing in the morning, whether good or bad. This also includes checking Twitter, any news or social media, your financial accounts, your stock your bitcoin etc. 
If anything, the true ideal way to start the day is with your iPhone totally off, perhaps charging in the living room outside, off. And on top of that, if you need an alarm to wake up, just buy a standalone alarm on Amazon or something, to wake you up.

The worst way to start the day is checking your iPhone for email and notifications text messages etc.… The best mind is a fallow mind, the best mind is an empty mind. 

Why?

My thought is that with an empty mind, anything and everything can come in. With an empty mind, you let the vibrations of your own mind your own life experiences be the stimuli to strike new ideas within you.

Considering that we are all philosophers, yes you too, even Seneca at the age of four, he is already asking me a lot of questions on why things are the way it is in Korean, “weh?” The most beautiful three letter word in the English language! Why?

I think it’s hard because even now… Making it big, I’m starting to even rethink some thoughts about wealth. Practically and metaphorically I retired in 2017, when we are paying $320 a month in rent in Vietnam, and essentially Cindy and I were in a position in which I realize, we would never run out of money. Even though we ate out every single night, we’re at coffee shops all day… Our income even our “passive income”, far outstripped our expenses.

certainly things changed a lot since moving to LA, in which living expenses have gone up by a factor of 10 X, now our rent is $3200 a month, and also the cost of food due to inflation has gone up by at least 2X, beef ribs at Costco are now $5.50 a pound, whereas at the Costco business center even maybe three years ago it was only $1.99!

Anyways, certainly it is difficult to 10 X your income, leverage is difficult. But perhaps if you put your family on a bitcoin standard, you can get there.

Why 10x

My personal thought is let us say that bitcoin is like roughly $100,000 a bitcoin, what that then means is if you think ahead enough, when bitcoin hits $10 million a bitcoin, assuming that you are spartan with your money and not foolish, that means that easily, you could 10 X and 100 X your money from here. 

So let us say that you’re being paid $20 an hour, that means that actually you’re being paid $200 an hour, or better yet, $2000 an hour assuming you know how to save in bitcoin.

I had this thought maybe about three or four years ago, thinking about my friends who worked at Amazon etc., if you took your good tech salary, and just converted all your currency into bitcoin, you would have been able to retire at least five or six lifetime ago.

Now what

So it looks like the great shakedown is starting. But that then means is real life has hit the pan, and moving forward, life will only continue to become more extreme, more of volatile, more crazy.

And I actually had a thought… The reason why we new Spartans, we new Stoics, we new bitcoiners are doing so well is that actually, I think there is almost like kind of a natural selection bias which is happening here;

Those who can tolerate the most volatility, shall thrive the most.

Bitcoin will continue to be volatile, forever. And I think that’s the whole idea; those who cannot tolerate harness or even love volatility, cannot thrive. 

Living in a more extreme volatile world

Let us fast forward a bit, four years from now, 2029, when Trump is out of office. Don’t be shortsighted; no no no, there will not miraculously be some sort of savior liberal Democrat who comes in, “fixes“, or reverses everything. I think time and reality is like a one-way ratchet; when you crank up the volatility of real life and time in one direction, you cannot reverse it. 

For example, no no no, bitcoin will not drop down to $10,000 again. Or $6000, or $1000 or $100 of bitcoin. This is not how physics or thermodynamics works. 

For example, you cannot have water flow upstream, no matter how hard you may believe in it.

Bitcoin is physics

I think the hard thing for people to understand is the reason why bitcoin is such a paradigm shift is that it is the first bridge between the virtual the cyber and the real.

For example the whole notion of proof of work, the whole idea that you actually have to use real life and energy in the real world to produce, create, and mint a bitcoin, or even secure it, is a feature not a bug.

It’s kind of like producing another human life, having a child. The truth of the matter is if you want to birth a child, you need a “proof of work” in the real world, in real reality.

For example, you need a female mother, you need a male sperm, and you need the incubation phase, you cannot rush it, the mother must consume deep nutrition, you must birth the child.

And when the child is born, obviously you must nurse the child, feed the child, raise and care for the child.

You cannot digitally clone a child, or digitally birth a child, which is kind of like the whole idea behind “proof of stake”. 

Even life if you think about it, a human life, the reason it has any worth is that it is finite. Even if you had all the money and power in the world, you cannot as a man live more than probably around 122 years, certainly you cannot live 130, 150, or 1000 years. Even from a philosophical perspective — I don’t even like the idea of living that long.

Even if magically somehow we did invent something that allowed us to live to be 1000 year old, with a 26 year old body and a six pack… I think there’s a certain point in which you would just want to pull the plug. And not have to do it yourself.

Anyways, why is the mind so valuable?

First, I think raising Seneca, has been one of the most valuable and most precious things of all time. And, it has taught me more about philosophy and human nature more so than reading thousands of pages of philosophy.

For example, a simple observation; typically children never have to carry a backpack, a side pouch, anything in their pockets. Or their hands. As a consequence, they’re always running around! A child is never still and this is a good thing.

Also, a practical one; most children assuming that they’re under the age of four, do not carry an iPhone in their front pocket.

Let us see that the downside of having an iPhone or a phone in general is that once you pull it up and use it, typically it stops your movement. If you have an iPhone in your hand and you’re looking at it or working on it or checking something or reading something or listening to something, you’re not also doing a backflip.

As a consequence, a child has the ultimate mind; 100% free, present in the present moment.

If you think about it, what that that means is that a child is actually an ultimate zen master; a child is fully experiencing reality in the present moment, not thinking about the past or the future.

Certainly a child has memories; for example Seneca still remembers our experiences in Hong Kong, and that the 973 bus from Tsim Tsa Tsui (TST) takes us back to our hotel in Sai Ying Pun. And he remembers the colors of the metro lines, the blue one and the red one.

yet he doesn’t really “dwell” on the past. He is fully in the present moment, taking our Amazon boxes, asking me for tape, and creating trains of his own, connecting it to his cart, and training his constructed train all around the house.

Or he will take the expo dry erase marker marker eraser, and fly around the house like an airplane, not thinking of “utility“, or other things like that.

Even when you observe a child playing, climbing structures they’re not thinking about anything else, they’re just enjoying the climb!

How and when and why do adults get corrupted? 

They not like us!

I think one of the things which is the most shocking to me as a father having a firstborn son is that if you think about it… As a man, assuming that you have a child your first child is your son is a boy is a man, the heir to the throne, you should consider yourself blessed 1 trillion X.

Whenever you see families with three girls, no boys, you know what they were shooting for.

So this whole notion of a absentee father to his son is a very very bizarre thing. Once again, to me, even if you could take all the trillions of dollars on the planet, nothing in the whole universe is more valuable than my son. Or my relationship to him.

And this is where I think it is wise to hedge your influences from philosophers thinkers, or even zen monks who have never had a child, they may theoretically understand child’s mind, but until you have actually raised your own child, you shall never know. 

Not only that but until a man has had a son, man shall never know.

Why does this matter?

On the flight from LA to Asia, I finally had the privilege of finishing the Odyssey by Emily Wilson, excellent. In fact I’m starting to read all of her translations, even including the tragedies of Seneca.

One of the biggest ideas is Odysseus, his relationship to his son. Also what’s interesting to me is I just came to discover that actually, even though I had no idea, I guess Achilles also had a son?

Anyways, how then this becomes interesting to be is that in America at least, and in the west, we are trying to think that this whole notion of a nuclear family, husband and wife, at least two kids, white picket fence, etc. But if you think an ancient Greek times, Kings had like 10 to 20 children, I think even one of the funniest stories of Hercules is that he was somehow able to impregnate like 50 daughters of this one king?

Anyways, I say don’t stop trying. If you’re a man, try to birth at least one son. And even if you cannot, that’s OK, most likely your daughters will one day birth a son and you’re fine. A grandson having a grandson is like the same as having a son. 

Goals

So then, proceeding in our life, what is our goals?

First, certainly philosophy is a noble goal. To spend your life pioneering thoughts, ideas concepts etc., that will benefit you your wife your kids, the future of the human race is a noble impetus to life.

Even now that I think about it, I feel like I have lived at least 10 lifetimes, and I am so grateful.

In moving forward, certainly everything in life is an ululation, and that is great!

Some current thoughts:

1. How to inject more of volatility in your life, assuming that the more volatility you have in your life, the “more” better your life.
2. What is better, to have $1 million of bitcoin, or $1 million of micro strategy stock? 
3. New thoughts on fitness exercise weightlifting, etc.?
4. New modes of living thinking and being? The dynamic range of living in the states versus abroad in Asia?

Ignore politics

Simple thoughts: never read the news, the only thing that you should interrogate is bitcoin, Michael Saylor and MicroStrategy news. Because the only news which should concern you is in regards to your money nothing else.

ERIC

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So currently a big thought on my mind is in regards to condensation.

For example, let us consider a backpack. There is only so much you could shove inside of it, and therefore, the optimal strategy in life is to have things that have maximum ability to condense; for example, having like an ultralight down jacket which is easily compressible and condensable is desirable.

Also unrelated is the thought of bitcoin. Interesting idea to me is how technically if you think about it… A bitcoin is like the ultimate expression of condensation. You take all this economic energy and power, and condense it into a single unit, which is a single bitcoin.

I think the more I consider bitcoin, and the underlying philosophy and ethos behind it, in actuality… The more fascinating it becomes.

For example, just came back from a month trip to Asia in Vietnam in Hong Kong, and the truth is, you can’t travel or take your single-family home or your cybertruck with you.  if anything… Each and every single day in which I woke up in my Hong Kong apartment, just enjoying the sun, and the spotty Wi-Fi… the Takeaway point was that after all of it, the only thing you have is your body, your mind, and your zest for adventure and freedom.

Even being back home in LA… One thing that I couldn’t take with me when I was traveling was my beloved 60 pound weight best. It’s good to have it back… But knowing that I’m about to hit the road again soon, it is always good to have one foot in, one foot out.

So the general idea is simple… Live your life domestic, planning as if you’re going to hit the road again… And never really too much be too committed to one single thing.

How do we falter?

We new nomads, we new conquerors, even the other day, driving through Beverly Hills… The big idea I had is that with wealth and everything in between… Property etc.… At least people living in LA, their world is so small. They only care about their pink Bentley, their $15 million single-family house, etc. Beverly Hills is their bubble. They never leave it, it is kind of like the dystopic society in “In Time”, the genius Justin Timberlake film in which time is actually predicated in time actually also very interesting thought is in the new Amazon sponsored series “secret level“, the “steampunk” universe in which the orphan guy has his money given to him “bits“ (bits,,, bit, micro bit coins)– he requires 75 bits to repay his debt obligations, in order to reconnect with the love of his life. Also in another unrelated note, the short video clip of the animated series of the girl giving the pilot $3 million of bitcoin in the USB drive, asking the plane pilot to take them somewhere.

Anyways, I think the idea of being unsettled is… unsettling.  I mean it kind of makes sense… To be settled, stable, is typically a good thing. Nobody would want to build their home on the edge of a cliff, knowing that any moment of mudslide can have them tumbling down to their personal death.

I think the difficult thing is let us consider, how hyper different modern day life and society is in respect in regards to our biological predisposition. For example, Technology advances at a much faster pace than our biological predisposition. Can you consider… Even 50 years ago, telling people that one day, each and every single American, regardless of how poor or rich you are, would have access to a god device, that could fit in your front pocket, that you could use with your voice, Your thumbs, your fingers, that could last all day, offer you free directions to anywhere on the planet, with micro precision, free entertainment essentially forever, with trillions of channels, insanely great high fidelity camera and video recorder which is free forever, which cannot be hacked by anybody else, which could also store all of your money on it, and you could instantly video call and new person on the planet, for free, whenever. Wouldn’t they pay like $1 million for this device? And now any person on the planet, regardless of how rich or poor they are, could afford this god device, for only 50 bucks a month.

Anyways, I’m also pretty sure that having this god device comes with downsides. For individuals — honestly it’s like crack cocaine. But maybe worse?

How to live

My simple philosophy with technology life everything etc.… Is reap the upside, kill the downside.

So a very simple thought… Disable all notifications on your phone besides FaceTime. This includes text messages.

The reason why I think this is such a good idea is that if it becomes ultimate filter. Truth be told, there is almost 0% of things which actually require your immediate attention. Reserve FaceTime for your mom, or your wife, everything else is not really necessary. 

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The will to ignorance

Distractions!

A new thought, ignorance, might be a critical ingredient to your concentration focus, power?

New thing I’m trying to do with my new lifestyle is trying to concentrate and focus better, which means avoiding television news streaming in front of your face?

For example, there’s this really nice hotel close to my house, which I like to just walk across, in order to use the bathroom and the facilities, but just this morning, there’s a fucking television streaming CNBC news, with all this fear clickbait headlines that arise anger and indignation in the viewer.

The thing that is so annoying about this to me is that I did not request the television to be there, nor did I request it to be streaming live television news either. If there had to be something streaming, on the television it would rather be John Wick, the Lego movie, or better yet, the Lego Batman movie.

Things you asked for, things you did not ask for?

I think this is a big thing is that try to not expose yourself to stuff you didn’t ask for. Or better yet, that you did not actually pay for with your own hard earned money.

For example, movies on flights. Obviously you’re boring and you got nothing better to do, the pen is either download a shit load of movies and shows to your iPad off-line, stuff that you paid money for in the Apple TV+ app, and also, games or other destruction stuff that you paid money for.

I think this is a big tricky thing… In two days we’re all in which entertainment is infinitely abundant, how do you stay focused? Simple. Once again, if you did not pay money for it, don’t watch it.

A simple strategy I do is if there is something I really really want to watch or experience, I put my money where my mouth is… I straight up purchased the whole film, even if it is 10 or $20 or $25 or something, in the Apple TV+ store. Even though obviously I could pirate it on pirate Bay for free, this becomes a good filter because in a world in which your time is infinitely valuable and precious, why would you sacrifice any of your precious attention on things you did not pay money for?

Practical thoughts

 so the first very practical thought is don’t bother with anything that is not easily condensable, or compactible.

For example when you’re traveling, let’s say you require a jacket or a warm article of clothing whatever… Only pack things that you could easily roll up and shove into your backpack. The Uniqlo ultra light down jacket is good. Also my personal favorite is the MUJI ultra light down vest.

Can you fold it up?

After being abroad for about a month, then coming back home to LA… I saw a cyber truck on the road the other day, and even though I love the design, it is so big! Too big! As a consequence, it’s really not a good idea because you can’t just magically fold it up. And this becomes critical in moments in which You just gotta find a damn parking spot!

And once again, the big idea is that you cannot magically fold up your car or your assets or whatever and just take it with you on a plane to Cambodia.

Now what?

Obviously the first thought is a kid. At least one, ideally two or more.

Why? To me it’s like the ultimate logical thing.

First, raising Seneca from birth until now has probably been the most satisfying thing in my entire life, multiplied by 1 million. There’s like literally no greater joy than a father raising his own son. His own blood son.

Once again, the greatest blessing as a man, to a son, even better yet, your first born son as a male.

Second, think economics. Michael Saylor said it well, you’ll like spend 1, trillion hours of your life working yourself to death, making money spending money saving money, yet we will not even devote a few hours to critically think about what money is, and also why it matters?

It’s simple; you spend 1 million years of your life making money, without actually questioning what money is or why it matters… You’re technically not leveraging your time well.

For example, for most individuals, the more hours you put in at work, the more moneys you’ll make.  it becomes a simple vector equation:

Input more time, yields more money.

But the reason why this is a poor idea is that you’ll essentially forever be a wage slave. To just equate your time, hourly wage, or even salary, is a losing game.

condense your sphere of concern 

Also in terms of condensation, condense your sphere of concern.

I think it is a zero some game in terms of concern. Let us say that you only have 10 units of concern, in a single day. And once you deplete your concern units, you cannot recover it in a day.

So for me, I would probably devote eight units of concern to Seneca, one to Cindy, one to myself. That is 10 out of 10. Nothing is left.

I think the problem that a lot of people have, especially if you were raised Christian, is that you think you have infinite compassion and concern for the whole planet. But this is not true. I’m almost wondering… If 99% of mental health issues arise from the fact that you overextend your units of concern beyond proper measure?

The more you concern for others, the less you concern for yourself your wife your kid.

Reconsidering the nuclear family

The nuclear family is you your wife or kid. That in itself is its own economy, let us consider that even the ancient word for economics literally meant household management, your wife, your kids, your slaves, your home estate.

Certainly an ancient times, life was probably much simpler. The king of the Josen Dynasty in Korea probably did not concern himself with international matters in the Middle East or Europe. Similarly speaking, King Leonidas only cared for Sparta, maybe the 5000 or so inhabitants etc., he had zero concern for anyone else.

So once again, condense your sphere of concern to the bare minimum. Once again yourself your wife your kid. Cut everything else out?

Becoming more selfish with your time your focus your concentration

Recently Cindy and I have been reading more Thich Nhat Hanh, in one of the really really interesting things that I gleaned is that meditation is simply concentration. 

For example, even when you’re on a flight and you’re bored, and you simply sit and close your eyes, put an earplugs and a face mask, and an eye mask, what you’re actually doing is concentrating. Trying to cut out distractions, is the best definition of meditation.

I even had a random idea that they only reason that I hate graffiti is that it is distracting. Any sort of advertising or spam which is unwarranted to me is positively bad because it is just like graffiti. I kind of know and I kinda get it because when I was a kid or a teenager or in high school, me and my friends guide to graffiti tagging, spray paint simply as kind of a risk game. The game was too use our spray paint or our spray tools to have a contest in which we will try to essentially have a competition:

Who would have the most balls and the most courage, to tag or spray paint in a spot which had maximum risk of getting caught, but yet not getting caught and getting away with it?

The moment that me and my best friend stopped was the moment in which we saw this old Latino woman, on her knees in hand scrubbing our graffiti spray paint game, about the age of our mom… Being teenagers or highschoolers, we didn’t really have a real practical thought that in fact, our mischievousness was predicated on actually having somebody about the age of her mom having to scrub it off herself? After that we swore off graffiti.

I’ve even had this thing in Culver City… Whenever I see ugly or annoying advertisement spam graffiti, I just take it as my own own to tear off the graffiti the spam or whatever and throw it in the trash because I am very visually sensitive, and I always do the same walking paths in the day. If anything I’m thinking about volunteering for my local city to volunteer my time to remove graffiti?

We are much more sensitive than we think we are

I think from an evolution perspective, we are insanely sensitive creatures to sound visual things, stories, ideas etc. In the past it was a matter of life or death.

For example, loud noises. Any in every single human being, is sensitive to loud noises. Because if you heard the rustling of a animal in the bushes, if you were not sensitive to the sound, you would have probably been eaten alive by a bear or something. Or if you saw something frightening with your own two eyes, also a survival mechanism. That is why whenever we see disturbing, could stay with us for days weeks months, maybe even years? Even soldiers, who have experienced tragedy get PTSD, from the sounds of bomb’s warfare, and personal tragedies with their own two eyes.

Practicalities

I have a simple filter: if that matter doesn’t actually involve money, don’t bother with it.

For example, currently my only concentration is bitcoin. And microstrategy stock which is essentially levered long bitcoin. And micro strategy, because I am a proud shareholder. And also, more recently, Dylan Le Clair —  because he has the most intelligent opinions when it comes to microstrategy.

So in life, do you desire to be predator or prey? 

Anger

So this is a big thing, if you see some asshole smoking or if you’re playing at the park with your kid and you see somebody about to light up a cigarette, maybe we had the courage to ask him to not smoke here or there to ask them to smoke somewhere else. So I think this is a big thing; Almost like 100% of real life daily life, there is nothing which requires physical courage.

For example, almost never will you ever get into a physical fist fight with anybody. The only perhaps downsides you could experience or suffer is like verbal arguments, getting your blood pressure and adrenaline up etc.

What if aggression were virtuous?

In modern day society we are taught that aggression is not to be done. Almost everything in life and society trains us to be non-aggressive.

For example, all laws ethics and morality, it is like 100% towards non aggression.

Now the downside of this is that I do believe that there is some cases where acting aggressively is a virtue. If anything, I think the best way to develop yourself is to rethink and reconsider ethics morality etc. Beyond good and evil, beyond good and bad, do you think more critically about things.

Eagle vs Lamb

Is the eagle evil? For eating the delicious lamb? No. And also this is a big thing… Does the eagle have a bad conscience about eating the lamb? Similarly speaking, no!

Yet the tricky thing is in this world, we are taught and trained that in fact, it is more virtuous to be the Lamb than the eagle.

Now this makes sense because you can’t have a bunch of eagles running the show. You can’t have a bunch of high testosterone alpha males jostling for position all the time. Society would probably collapse.

And therefore, if you think critically about this, what that then means is that you need to teach yourself to become more alpha.

Bitcoin is the alpha asset

Assuming that you’re an alpha male, I am. I don’t think I’ve ever met a real life human being in the flesh, who is more alpha than me. In fact my whole life ever since I was a kid, my desire and desired outcome was always to become more alpha than the rest.

For example, I think I’m pretty happy that I was born very very tall, around 5 foot 11. I have never been shy about my height. I have met people who are taller than me of course, but because I myself already feel like I am the “tall” category, this has never been an issue.

Also I suppose the gratitude of being born Korean Korean American, Asian American and states is that once again, I’ve never had some sort of inferiority complex, because all the schools I went to were mostly Asian American dominated. I was part of the dominant minority. 

Also being born a man. The truth is in society, men will always be more alpha than women. Why? Physical size strength, aggressiveness and testosterone. Certainly it is a good thing to seek more equality between the sexes, in the workplace and economic opportunities etc., But when it comes down to it… Alpha wins. 

America is Alpha

America is Alpha, the US dollar is the alpha currency. There is no second best. Nobody wants a Chinese yuan, KRW or euro or British pound.

The same thing goes with metals; we only want gold. Nobody wants silver.

Also the same thing with bitcoin. Everyone wants bitcoin, nobody cares for Ethereum or anything else. I think the only thing is honestly, everybody in Ethereum community has a small dick envy of bitcoin. In 1 trillion years, Ethereum will never never never ever ever ever Supersede bitcoin. It is just not possible from a physics perspective.

Never trade the best for second best

So assuming that you have the best, the best capital the best stuff the best wealth etc., why would you ever trade it for the second best? 

Also on the collary, isn’t also the virtuous goal to choose the second best and convert it to the first best? 

Convert all of your fiat currency in capital to bitcoin

So I thought there’s a very very long time ago, the basic idea is that the smart strategy is take all of your fiat currency and all of your weak ass assets and converted to the strong assets which is bitcoin.

I thought this about like four years ago, so if you were to Amazon Apple Facebook Google meadow whatever, and assuming that you converted all your income into bitcoin, you could have retired at least 10 times over.

Now what is the big issue here? We millennials we have so much economic and financial power now, yet we are all scared. Essentially we have been beaten into submission; when we were children growing up we were told that we could do anything become anything etc., but now that we have become adults, the biggest issue is that we have become complacent, weak, maybe we drive some sort of entry-level Audi, Tesla, whatever… We have pretty good salaries at a big tech company, and we no longer have a desire nor reason to invest investigate bitcoin or invest in it.

I asked my friend Marcus in Seattle this, several years ago whether people in Seattle were interested in bitcoin or crypto or not and he said no because they didn’t really have a need to know because everyone there who is already working for Microsoft is already making good money and therefore as a consequence, they don’t have a need to know. 

Bitcoin Deus ex machina

So the way I was able to rediscover bitcoin was moving to LA, with the absurdly high cost-of-living. $3200 USD a month for rent in a two bedroom one bath nice apartment.  note, when we are living in Hanoi Vietnam in 2017 we only paid $320 a month in rent. Literally, we 10’xd our expenses for living after moving to America. 

The goal should be to do the exact opposite, to reduce your expenses by 10 X.

What’s the issue here

Take a leap of faith, take the risk.

ERIC

JUST RISK IT!

EK BLOG >

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So I’m currently reading the principles of economics by Saifedean, and I really love it. I realize that in my life, I’ve only ever been interested in media and things which actually gave me real life utility or payoff for practical live reality, real joy hope optimism faith etc.

So for example, the logic of a lot of modern day living I think can greatly be benefited once we actually put into words and precisely define the terms in which we are engaging in. So for example, energy power, poverty prosperity, trade money, capital labor etc.

In fact, economics might be the most important field to study in the practical pragmatic sense that assuming that you’ve ever handled a $100 bill, purchased anything on Amazon Amazon prime, been to Whole Foods, traveled, bought an airline ticket, purchased an apple device, filled up the gas in your car or supercharged your Tesla or electric vehicle, or even better yet… Turned on an air-conditioning unit or heater or put on a down jacket, you will know that these things matter.

Energy poverty

So one thing I’ve realized is I wonder… If 95% of the world’s misery has to deal with energy poverty.

For example, heat and air conditioning. For example if you’ve ever tried to sleep in this while touring hot humid 105° weather in Southeast Asia or Dubai, you know that life without air-conditioning is not a life worth living. During the day I don’t need air-conditioning, but certainly at night, it helps me sleep. I almost cannot sleep without air-conditioning on.

Also, in a lot of the industrialized world, especially having spent time in Michigan, the East Coast, Providence Rhode Island etc., and even Los Angeles during the winter months, it gets fucking cold, really really late at night or really really early in the morning, or just in general.

No one bizarre thing I found is a lot of Americans Asian people etc., are far too Puritan when it comes to heating. They are very very stingy about cranking on the heat!

In fact, I think to waste electricity or energy on heat and air conditioning is virtuous; because once again, cold and frigid bodies leads to human misery.

As a consequence, some strange individuals think that it is a virtue and that it is virtuous to be miserable? And that it is somehow advice to be prosperous, rich successful, and happy?

The virtues of misery?

I’ll give you a real example; typically if you’ve been from any sort of immigrant family, in which your parents were not born in America but came here in search for greater economic opportunities, you’ll know what I’m talking about. Typically we are taught that to overcome difficult difficulty and suffering is a virtue, and that a life of ease happiness joy and leisure is a vice?

Yet the strange thing that a lot of these people living in poverty then say is that they brag about how they know about other random people or super super rich? Very strange.

I almost wonder if now, behind closed doors, other people then brag about how rich and successful I am?

Anyways, doesn’t really matter; I wonder than if once again, critical issues here:

first, the general idea is that if you have the option, and you’re most certainly do, make your habitation as comfortable as possible! What this means is structure your world in such a way that when you’re at home, just adjust the heat or the cooling or whatever, to make your home as comfortable to you as possible. And when you’re sleeping, try to change the thermostat to whatever temperature helps you sleep well!

in fact, my practical thought is assuming that you are like some sort of investor or money making machine, the very very practical and pragmatic thought is that in fact, you should prioritize your sleep exercise and food in such a way that helped you maximize your optimism joy and happiness and personal productivity because the greater you take care of your own personal health habitation climate food and sleep, the more productive you will become, thus yielding you more money accumulation etc.?

What is poverty?

So if we think about money or like heat or energy, perhaps we should consider heat loss.

What is heat loss in economic terms? Your car payment, your mortgage payment, your rent, your subscription services, maybe your credit card payments?

Visual ease for our eyes

I think I’ve got it figured out; I think the reason why I really like Matt Black, or a nice matte black wrap on a car is that it provides some sort of visual ease. Like when you look at a really really nice met black car, all matte black everything, matte black is very very easy on the eyes. It has a beautiful sheen and Verneer, is not distracting, yet pleasing!

I also think the same things with homes, clean white paint on the walls, and neutral gray or stone colored surfaces and fixtures? For example, for fools who think that colors don’t matter; would you want to paint the tears your home brighter red? Probably not you’ll go insane.

Or would you want to paint your countertops of your kitchen like some sort of acidic looking green color? No!

As a consequence, I think colors are very very important. Typically colors which provide some sort of visual ease are derived from nature. For example, we like the color of green because it is the color of life, just imagine the windows 95 or the windows Vista wallpaper. We love a blue sunny sky with rolling green verdant Hills. Or think about Sapa in Vietnam same idea.

What is consumerism?

My innovative thought is that consumerism and capitalism is not the same thing. Consumerism is the exact opposite of capitalism.

Capitalism is all about capital accumulation, whereas consumerism is blowing it.

Or in more crude terms, capitalism is like semen retention, and consumerism is blowing your load.

Why?

The general way that consumerism works is that you are exposed to advertisements which convince you that somehow your life is incomplete and miserable and unhappy and that in order to seek happiness, you must purchase XYZ in order to make you happy. And then it becomes like a mathematical equation somewhat: the more units of XYZ you purchase, The higher degree your happiness will become.

I’ve also discovered that promoting minimalism and reduction is not a profitable path. For example, encouraging people to not waste their money is not profitable.

However, getting a bunch of losers to buy overpriced loser stuff is profitable.

Body shame

So the first way that consumerism does this is that it makes people feel ugly. It makes people feel ugly in terms of their body, body shape, body composition, and it just makes people feel ashamed about being naked.

So for example, as a consequence, people feel ashamed of their bodies, and do everything in their power to hide their ugliness.

My personal theory on why there is this new trend of people wearing really really baggy clothes and jeans and sweaters and hoodies and stuff is precisely for people to hide their ugliness.

For example, you would only ever wear short short shorts if you actually have impressive legs or a butt or behind to show off.

Or if you’re a man, you would only ever walk around topless without a shirt on, if you have a beautiful or impressive upper body.

Or as a woman, similar speaking you’re only probably walking around in a sports bra or a bikini if you also have impressive muscles, and also a low body fat percentage.

Can you spend money to hide your ugliness?

You see this all the time; especially vehicles. I also have a theory that purchasing a vehicle is like buying a really really expensive article of clothing; once again to hydrogenous you hide behind your car with 5% limo tint. Do you want to feel cool sexy grand powerful indestructible master of the road etc ,,, and you do this by jumping in your loser Range Rover, or your loser AMG wagon, or your loser Porsche etc.

The only people I trust are people who drive without any tint.  And do not wear sunglasses or anything that covers up their eyeballs, or anybody who also has facial hair, which is the new modern day trend to hide the ugliness of your face or your double chin, or a baseball hat or a hat of any sort which is also another way to hide your balding or your ugly head.

what is true power?

So some guys with low testosterone, who want to seem tough and strong or whatever, buy all these firearms and guns because it makes him feel tougher more dominant more powerful etc. But the truth is it makes your dick size smaller, what does a typical gun owner look like? Typically somebody who spends too much time on Fox News, alternative right wing Facebook, and is always reading some weird quick bait about how liberals are ruining everything.

And also, this fake fear mongering.

So for example if you have a gun, the excuse is that it is for “self-defense“. But if you need to self defend yourself, it is a sign of fear. The general fear is that somebody else might have a gun or some sort of firearm or knife or something, and that somehow you need to “defend” Yourself and your family etc.  But there is not a positive aggressor factor; nobody ever buys a gun within intention to physically positively attack somebody, unless your hobby is hunting wildlife going to the shooting range whatever.

So then, the only rational reason for somebody to own a gun is out of fear. But then, if you’re a real man and have no fear, what is the use of a gun? None!

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Fear marketing?

FOMO fear of missing out, or, fear of missing out on some sort of economic opportunity which could alleviate you from your economic suffering and poverty.

So the reason why this is so insidious is that once again, a lot of this fake news or click bait you see on the Internet is predicated around fear. If you do not read this article somehow you will be at a loss, or that you and your future family or your bank account can be harmed.

What is so fascinating about bitcoin is that actually, it is the opposite. In some ways, you are not afraid of chaos because chaos actually favors you; in some ways you actually desire chaos!

For example, the more chaos uncertainty inflation and bad economic policies there are on the planet, bitcoin benefits and so does you!

So whenever you hear about inflation whatever blah blah blah and the economy is going to tank, the simple strategy is to just buy Bitcoin because the more fear porn you see in the news and the media, the better the return of your bitcoin! 

Financial freedom within four years?

Retiring within four years?

 I do not know a single human being who actually wants to work and labor. Similarly speaking, I do not know any individual in which it is his autotelic passion to be working at said tech company. They would rather retire, live free, travel the planet and the globe, etc., be chilling on a beach somewhere etc.

Even a question I often ask people is that assuming that you’re a trillionaire whatever, what would you rather be doing? If the entrepreneur‘s job or desire is to actually discontinue doing the things that they are already doing, it is typically assigned that whatever they are engaged in is a means to an end not the end in itself. And therefore I feel like the logical strategy in life is to think about the end and work your way backward; like think about if you were a trillionaire, worth $100 trillion, and that number is Actually going up faster than you could spend it, if that is the case, once again, what would you rather be doing?

So for example for myself, my general passion is movement, travel, being in different places, weightlifting, building up my body, enjoying the beauty of my body my muscles my flexing, sharing new exciting ideas which inspire me, and also empowering other human beings? Who are in the same boat as me? 

I am a pretty ordinary person

My general belief is actually, I am a super super normal ordinary person. I don’t believe in genetics, I believe that genetics is like eugenics 2.0 or racism 2.0, I truly believe that almost 99% of our potential is sociological, training, education knowledge etc.

Certainly there are certain things which are malleable and not.

If you are a fully grown adult, having $1 trillion in your bank account will not make you taller. If you are a born a dwarf, like you’re a 4 foot tall man, or 3 foot tall man, once again I’m being a trillionaire will not make you 6 foot two.

And also, there are certain things that one cannot do like change the proportions of your face, like distance between your eyeballs etc. I call this the hammerhead shark index; some people naturally have eyes which are more further apart like a toad, etc.

Yet what is one thing that any human being can do on the planet? Increase their muscle mass, decrease their body fat percentage, and also something which is slept on; getting a lovely tan!

The new dark skin racism

So in Korea, to be really really dark and tan is seen as a bad thing. Do you want to be white to like the emperor, because the emperor can stand in the shade all day, while their servants and slaves does all the dirty work in the sun.

House slave or field slave?

House nigga don’t fuck with me I’m in the fields nigga, go shine cutlery – JAY Z

Probably one of the most interesting songs on entrepreneurship is the story of OJ by Jay Z. Jay Z outlines it easily; the path to riches wealth and success, and avoiding the pitfalls of poverty.

For example, the importance of credit. Also not blowing your money at the strip club.

“I bought every V 12 engine, wish I could take it back to the beginning”

The way I interpret this quote is that Jay Z’s regret is that he wasted all this money in purchasing these expensive V dub engines, to dull his senses, kind of like some sort of self euthanasia?

I think then what Jay-Z wishes he did is that taking all that money and capital that he wasted on these expensive cars, and investing it in a creative investments instead. For example, his regrets not buying more real estate in Dumbo, and feeling Dumbo about it.

Now JC is a great model but also he is a bit dated. I think like I’m the new Jay-Z; except that I have legs that could run the world. Until you meet somebody who could lift 1000 pounds without steroids, fasted, nobody is superior to ERIC KIM.

The new blueprint

The orange print:

My personal thought is the only good out of money is to purchase beef, beef ribs, beef liver, pasture raised eggs, with the really dark orange yolks, beef tongue, organ meats, bone marrow, and weightlifting equipment.

Also, one of my greatest joys of something I invested in which I think is actually super super smart is purchasing two 50 kg weight plates.  they are made out of steel, which means that you could pack more weight into a smaller footprint. Each weight plate is 110 pounds, and because it is made out of solid steel, I am very very certain that these could last until the time that Seneca becomes 36 years old, and has a son of his own.

 The first born son of the firstborn son of their firstborn son

So one of my great gratitudes is that I was born into a position of privilege; my father was the first born son, I think he was the oldest. As a consequence, because I was the first born son the oldest son of the oldest son, I was treated like a king by my grandma. And I am grateful to my grandma for this.

As a calm consequence, I grew up with zero inferiority complex in fact, I probably grew up with this superiority complex.  in some ways I’m like Kanye West on steroids. Why? Kanye has always had an inferiority complex because he was a Shorty guy, I think he’s only like 5 foot six? And I’m like 5 foot 11? And as a consequence, I have never felt small in my life?

Also I suppose the gratitude is in the big area where I grew up, most of the kids in my school were Asian Asian American, so once again, I never felt like a minority? I’ll always felt like I was a part of the majority.

Maybe also the benefit is that Seneca, and I am so grateful that he was born the way he is, and that he is the next generation, the next heir to the throne. He’s like Simba and I’m like Mufasa. Or, he’s like the next King Leonidas.

Anyways, all of these sad single men without kids or family or without a beautiful wife, they’re all chasing after these silly things like the Porsche 911 GT 3RS, the Lamborghini with the scissor doors, or some sort of arbitrary amount of money in their banking account. But these fools, don’t they realize that the best joy on the planet 1,000,000,000,000×1,000,000,000,000 is for you as a man to have a son?

Training

My ethos and approach to raising Seneca has been super simple: 100% beast boy carnivore beef diet, and maximum physical exercise and engagement with embodied reality and the world. This means maximum exposure to the elements, being outside, in the direct sun, playing at the playground, and now riding his bike around everywhere.

From the Facebook buy nothing group we got this wonderful balancing wooden bike, with no pedals. From one Seco was maybe a year and a half, he would just walk it around like a walker, on the side, and then randomly like six or eight months ago, he jumped on it, and now he’s off! Also I bought him these LED bike helmet lights, and also front and rear LED lights, and outfitted his balancing bike with it, and he loves it! And also as a parent I’m happy because it improves his visibility by at least a factor of 1000 X, especially when he rides when the sun goes down, and as a consequence, he feels so much pride!

True pride

Country to popular believe, I think consumerism discourages you from having children. Why? Kids are not as profitable as single working adults.

So for example, both men and women, the consumerist, the consumerist ethos is you never want to have a kid, because they will cramp your style, prevent you from traveling to Japan and eating good omakase sushi in Kyoto,  whatever. But actually, on the contrary, the wise capitalist actually has a desire and urge to have as many children he can as possible, Because he knows that having children is accretive, whereas having dogs or other loser things is dilutive. Or driving any vehicle which requires premium gas is dilutive.

Therefore the wise capitalist would only drive some sort of old used Toyota Prius, because he wants to invest 99% of his money into bitcoin and micro strategy stock, because it will pull up forever with phenomenal gains, whereas somebody who is thinking that the world is going to end is going to buy some sort of loser Porsche Ferrari, because he thinks that his only life right now can be enjoyed right now, and he will have nothing to laugh to bequest his  inheritance to. 

Accumulating riches

An interesting scene in the movie 300 is when King Leonidas is climbing the mountain to talk to the ephors,  and he has in a little sec a container full of many gold coins.

This was an interesting scene to me because the common understanding is that Spartans live in poverty, but I suppose they also have gold and gold coins! But the only use it when they need to, in regards to war defense etc.

And once again, if I told you with 100% certain that your life would be secure forever, and no one would ever try to physically assault you your family or kids your life, wouldn’t there be zero incentive to purchase a gun or any other sort of self-defense weapon?

why would you trade paradise away?

Bitcoin is Paradise. Like a mobile paradise you could always carry with you everywhere you go. Why would you trade it for some sort of second best thing?

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The only constant is change

Refusal to change is the hopgoblin of weak souls.

Why is there such a resistance to change? I think a new one who is resistant to change is a coward.

For example, let us say that you were a lead night, and that you were afraid that the printing press would put people out of business, or that the mechanical room would impulse people whatever, and as a consequence, you make it your life purpose to destroy all of the printing presses and the looms.

Or, let us say that you’re also want these silly people who think that somehow, AI or robots or whatever will destroy all these human jobs and labor. You fool, don’t you know that this is just going to usher in some of the newest greatest prosperity of all time?

Labor

So what a lot of people don’t understand is that once again, in the past, we were all about the horse carriage and buggy, once the automobile came along, were there a bunch of people who were afraid that somehow the automobile would put people out of business who drove the horse and buggies?

So random thought on my mind; what is “reality” why does it matter etc.?

First, obviously reality comes back to embodied reality. That is like literally being on your own two legs, walking around town, saying hello to people, smiling and waving etc.

Fake reality

Now what are the most pernicious things about modern day life? Essentially we are like plugged in some sort of metaphorical matrix, in our everyday lives and lived realities, we are like living on rails.

For example, most of us follow the same cycle. Sleep wake up shower, drink coffee head to work, grind at work, go home only to self medicate and vegetate to Netflix or some sort of movie or streaming thing.

How to free yourself

Now the big problem is, now that essentially, I haven’t really watched any media or television, besides maybe John Wick for the last 15 years or so, is that now that I’m finally free and detached from all this nonsense, I’m starting to realize how troubling, grotesque, and disturbing a lot of this media is.

I think the big issue issue here is desensitization. Our everyday lived realities are so uninteresting or boring or sad or whatever, and we seek some sort of extreme fake stimuli to keep us motivated?

Fake motivations

I’ll give you a real example; money wealth and riches.

For example, all randomly on IMDb watching the squid game 2 preview, and now… That we got bitcoin, and also microstrategy, the whole premise of squid game no longer makes sense, about prize money. Because now that we have bitcoin, you don’t need some sort of fake magical prize money ticket lottery thing. You got bitcoin which is more or less a risk-free return, at least 60 to 120% for the next four years! It’s pretty obvious.

Technically buying microstrategy stock is a better investment strategy

And I would actually rate that microstrategy is poised to even outperform bitcoin by maybe 2X, we might see a microstrategy have an annual rate of return of 120% to 240% a year, for the next four years.

That means if you have about $600,000 of microstrategy stock, you could easily see that balloon to $1.4M in a year, to $3.2M, to $6.4M to maybe $12.2M by the end of the Trump presidency.

Or let us say that you have about $2 million worth of bitcoin, assuming that bitcoin under the Trump administration might go up 120% for the next 4 years,  similarly speaking, you will see some monster returns!

Or simply put, microstrategy will give you superior returns over the next four years over buying Bitcoin directly.

If your whole ethos is accumulate more bitcoin by the bitcoin directly using Coinbase or something.

Also another strategy, buy and hoard your microstrategy stock for the next four years, and by the end of the four years you could just sell the stock and buy the bitcoin directly!

Double your money and make it stack!

So assuming that, ERIC Trump, the son of Donald Trump is committed to making bitcoin at least $1 million a coin, then what that means is I think we can expect that within four years, I think we’re looking at at least 10X in the next four years.

So for example, if you have $1 million invested in bitcoin today, by the end of four years you’re going to see that 10X to $10 million. Pretty cool. Or if you have $2 million invested in bitcoin, you’re going to see that balloon to $20 million.

Anyways, bitcoin aside, I been thinking about the future, investing in growing industry seems like a good bet. And what that then means is the opposite of not investing the stuff which are not going to grow.

Is the field of photography a dying field?

So some troubling thoughts; I look at photography, the world of photography and ultimately photography is my number one prime joy and concern. And now that I am financially independent like 1 trillion times over, and I really don’t have to worry about money ever again, I suppose I’m more interested in higher matters.

So when I look at photography, the whole photo industry, it feels like the whole industry is dead without me.

Look at all the cameras, they all suck they’re all lame. Even the best innovation as of late, the Linux S9, with the 26 mm f8 pancake lens is slept on, nobody knows about it rather than myself, and also nobody owns it besides myself. Everyone else has some sort of loser cannon, or even worse Sony camera.

Apple?

So Apple is in a really bad position right now, like I just use that image playground AI thing, and it is so lame and bad.

If Steve Jobs were alive today, he would have thrown it into the furnace twice over.

I think the biggest issue here is that the issue of “app creep”– now that Jony Ive has left the company, and no more innovators or visionaries are there anymore, it is becoming like a weird mismatch or sludge of poor innovation ideas.

It’s essentially you have like a bunch of dudes, who might have worked in Microsoft or Dell or something, seeking to “improve “Apple products simply by making the processing power stronger. But this is not what we want, we want radical innovation!

But I wonder if Apple has become too big and fat, she no longer has a need to invade because she’s already on top, and everybody else is already trapped within her ecosystem, only to upgrade their iPhones until the end of time?

The disruptor

The disruptors dilemma; once you’re on top, I suppose the critical primary difficult issue here is once you’re rich fat, comfortable on top, in your yacht, partying with your burger babes, how can you continue to innovate disrupt etc.?

So for example, I think Apple has been trying hard to disrupt herself, without much fanfare or acclaim. Why? They need something radically new carte blanche, something that no longer is in the DNA or the soul of Apple.

For example, Apple is trying to over diversify interfield that she is not very very good at. For example, AI, image generation, and virtual reality.

If Apple was smart she should just refocus. Cut and axe the whole virtual reality Vision Pro department, and refocus and recapitalize on iOS as well as the iPhone. Take all the smart engineers who are working on the vision pro, and have them make the iPhone great again. Because the truth of the matter is nobody wants to put any device on top of their head, it is bulky cumbersome, and everybody hates it.

Even if in theory, a Vision Pro literally would weigh nothing, nobody ever wants to put something on top of their head. I think it’s just human nature, just look at any kid or child, they universally hate putting on hats beanies, or things would cover their faces. Most people would prefer to just pull out a phone.

Think Miniaturization

So what is an interesting thought is that actually, my opinion about the AirPods Pros has changed a bit; it’s like an insanely uber uber uber smart phone or iPhone that you could just plug into your ear.

Think of AirPods as like a really mini iPhone 

For example I was just listening to a new Michael Saylor interview at the house, and one of the great things was while making my morning coffee, and shuttling back-and-forth and cleaning stuff, I was able to listen to the interview uninterrupted, without any hands.

I would actually say maybe a big focusing direction for Apple should be to refocus on the AirPods division. Like trying to figure out new innovative ways that technology can be embedded in the AirPods, in general etc., which can make life better?

Dematerialization

Another big thought is what I find so infinitely fascinating about bitcoin is that it is real, it exists, it is the ultimate new form of property. Yet you cannot hold it in your hands, you cannot see it in the flesh. It weighs nothing.

Cindy said something funny; I have never seen a bitcoin in real life, with my own eyes, how do I know it is real and that it exists?

A similar sentiment should be about the internet the cloud, your bank account your checking balance; you have probably never seen it in real life, how do you know it really exists?

Same thing!

Things can be real without you actually seeing it

For example, many of us are chasing wealth and fame, yet all you see is maybe bots on the internet and social media following you. How do you know any of it is real?

What’s real?

So to be a little more specific, I think we need to break down the notion of real — the term of “real.”

For example, when we talk about things which are real reality etc., are we talking about physical? Like something that has weight substance, in space in time? Like a brick of gold?

Or do we mean to say legitimate? 

Physicality vs Legitimacy 

I think I see the big issue here is once again, maybe it’s a legitimacy issue. The reason why people do not think bitcoin is real and the traditional sense is that people do not value it for its legitimacy. Still even in 2024, incoming 2025 — people are still talking about how it seems like a ponzi scheme? Pretty backwards.

The reason why, is as long as you have mainstream media still talking about ridiculous notions of ponzi scheme, it’s going to trigger a reaction into people, discouraging them from entering the asset class which is bitcoin.

The biggest reason why bitcoin is not a Ponzi scheme is that there is no central issuer– it is decentralized; Charles Ponzi was the guy who invented his Ponzi scheme, which was based on fake coupons which were not backed by anything. And the reason why he guaranteed hundred percent return in 90 days is because he would just pay other people incoming money. 

Your margin is my opportunity

But who knows maybe this is a good thing because it gives us a little bit more buffer time to accumulate more bitcoins while we can, when it is still at a discount.

Michael Saylor actually made the interesting point maybe a year or two ago is that bitcoin was trading at around $35,000 a bitcoin or so, the general idea is that it is actually not desirable to have bitcoin magically become $100 million overnight because then if that were the case, we would lose our opportunity to purchase more of it when it was low!

Wise greed

And I think this is where it is wise to be opportunistic, and wisely greedy.

Whenever everybody is uncertain, shaking in their boots, it is wise to get aggressive, greedy in an intelligent way.

The patient investor

So my personal thought is as investors, we should only think of a time span for the next four years minimum. Ideally 10 years 20 years 30 years 40 years 50 years or 300 years.

How does one thing 300 years ahead? Simple, think about your kids kids kids. Like your son having a son having a son having a son.

And also, whenever I look at healthy fit successful men in their 60s and 70s and even 80s… I have a ray of hope. It’s like me, maybe gray hair, the silver wolf, but wiser stronger more intelligent more sexy?

I’m the giga chad!

There’s a funny meme going around about the GigaChad, it’s like somebody who is like the most masculine guy of all time times a 1000.

The vision is essentially a man, with a very very slim waist, with an insanely jacked demigod upper body lower body, and jacked chiseled face.

Obviously the Russian bodybuilder is not a good model because he’s probably taking all the steroids on the planet. Yet this is obviously possible without steroids;

Intermittent fasting no breakfast no lunch, just a 100% carnivore dinner, try to have 4 to 5 pounds of beef meat, lamb, ground beef, 80/20, beef ribs, beef liver organ meats etc. 

Financial independence, retire early

So this is a big thought; retire early. How to do it? Buy bitcoin just wait 4 years and retire!

How to 10x your income 

So this is a big thing; if I could guarantee you right now that you could instantly 10x your income, wouldn’t you do it? Of course!

So it seems that the first easy strategy is to simply think of your income like 10X.

For example, if you’re being paid like $20 an hour, assuming that you’re on the bitcoin standard, you’re essentially being paid like $200 an hour!

How to save money

Then the calculus becomes interesting; your impetus to saving money becomes predicated on the fact that anything you buy today, could cost you 10 “X in four years.

For example that 50 bucks you drop on that thing, will be worth $500 bucks. Or that hundred dollars you put on that thing, will be worth $1000. Or even worse, that thousand dollar thing that thousand dollar iPhone will cost you $10,000 within 4 years!

Accretive or dilutive? 

So then this becomes the big idea; think accretive vs dilutive.

The smart strategy and goal is to become accretive not dilutive.

Gas

I will scream this until I get hoarse; think of gas, never ever ever own or drive or acquire a vehicle which requires premium gas.

It’s almost like voluntarily putting a leech on yourself or your healthy child, or bleeding your child to death.

For example if I could tell you that you can voluntarily take your healthy firstborn son, and bleed a pint of blood out of him every single day, would you do it? Of course not!

If we think about money in capital like economic blood, think the same thing.

You want to be accretive not dilutive.

What is accretive?

I have a funny theory, is that if you want to become the GigaChad the ultimate investor or whatever, you must make your body like a demigod.

So a very simple thought is a very very simple thing that could be accretive is muscle. 

For example, you lift heavy stuff, you lift heavy weights, in the evening you eat 5 to 6 pounds of beef, obviously you’re going to accrete muscle, skeletal muscle mass. 

And once again, 100% carnivore diet here, all meat no filler.

You do not need carbs

A lot of pseudo-scientific fitness people think that you need to consume sugar carbohydrates to accrete muscle. This is all built upon a platform of flimsy knowledge, written mostly by people who are on steroids.

I have proven, and I am a very normal human being, that at around a body weight of maybe 160 pounds, a human being can lift 1000 pounds, while fasted, while not consuming any protein powder, steroids or whatever, can do it. And obviously I’ve built a lot of muscle mass, simply by following 100% carnivore diet, all meat no carbs no sugars no starches.

I almost wonder if meat is like bitcoin. All killer no filler.

ERIC

Learn more:

1. Intro to bitcoin lecture
2. Transcript

Learn more Bitcoin >

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If you’re asking how to “become Eric Kim,” it depends on what you mean by “Eric Kim.” Eric Kim is a common name and may refer to various individuals, including photographers, entrepreneurs, academics, or everyday people. Here’s a general guide depending on your context:

1. Eric Kim the Street Photographer

• Study photography: Learn the basics of street photography, camera techniques, and editing.

• Develop a minimalist style: Eric Kim’s photography is often characterized by simple, striking compositions.

• Read his resources: Eric Kim offers free educational resources, books, and workshops on his blog.

• Engage in the photography community: Participate in workshops, exhibitions, and online forums.

• Focus on philosophy: Eric Kim integrates philosophy, such as stoicism and existentialism, into his photography and writing.

2. Eric Kim in Another Field

• Identify your field: Determine the area where “Eric Kim” has made an impact (e.g., business, science, art).

• Study their path: Research their career, education, and accomplishments.

• Develop relevant skills: Build expertise in the field they excel in.

• Embrace personal branding: If the Eric Kim you’re referring to has a strong personal brand, study their branding methods.

3. Metaphorically Becoming ‘Eric Kim’

• Define your goals: What about Eric Kim inspires you? Is it their creativity, career, or mindset?

• Emulate their qualities: Adopt the habits, values, and strategies that define their success.

• Stay authentic: Even if you admire someone, stay true to your unique identity while learning from them.

If you’re referring to a specific “Eric Kim,” please provide more details!

I don’t really envy anybody else on the planet, I prefer myself.

How does one begin to not envy other people?

First, Zen. A lot of these rich successful famous people, have no Zen no peace of mind, no good sleep.

Even the Buddhist monk Thich Nhat Hanh talks about one of the virtues that people want to have is really good sleep. I think this is a good virtue. 

Second, join team bitcoin. Imagine if you had like LeBron James, Michael Jordan, Kobe Bryant all playing on the same team, all playing for a team bitcoin. Whenever they score you score!

Now some people might think, they’re putting up 100 points and I’m only putting up 10 points. But this is besides the point. Every time they score you score!

Everyone wins together? 

So then this becomes very fascinating because it becomes a positive feedback loop; rather than being envious of the gains of others, instead, you began to be grateful and happy that the gains of other GOATS directly benefits you!

Physicality and fitness

I think one of the critical things to understand is love these guys on steroids, yes everyone is on steroids, LeBron James, Steph Curry, your favorite sports player who doesn’t even look like they’re on steroids. Essentially the big idea here is that steroids are broad; Even people who have to use the typewriter for living often get steroids injected into their carpal tunnel area, in order to ease the pain.

For example, a lot of individuals then, get some sort of cortisol shots, which is actually steroids.

Now what is the downside of steroids? Your balls shrink to the size of tiny acorns, you lose your sexual libido, your dick gets smaller.

So when you see the guy who can deadlift like 100 times more than you, or has the physique of a demigod, assuming that they’re not ERIC KIM, rather, “I pity the fool!“.

Why?

I think the seeds of envy is based on the premise that other people are in a happier, more superior, more beneficial, more awesome position than you.

But once you figure out that in fact, they’re actually in an inferior position than you, your opinion changes. You start to feel compassion for them. Their suffering.

For example, probably the most interesting thing I learned about the Walter biography on Elon Musk is that you do not want to be Elon Musk. It is more of a curse than a blessing.

For example, Elon has a very very poor physiological approach, and he also seems quite foolish. He’ll party until 4 AM, drinking Red Bull and vodka, only having to take Ambien to fall asleep and to wake up the next day to continue performing.

Xanny?

And also, I also wonder why a lot of these rappers, were supposed to be super tough or whatever, why are they all talking about Xanax? Because I think they are all riddled with anxiety, that is why they comatose themselves with alcohol marijuana and sex, perhaps porn pornography as well in order to just fall asleep at night?

The truth is bad

So I’ve discovered a lot of truths, but ultimately I’ve discovered that the truth is pretty ugly and bad. And that actually the point of philosophy isn’t truth-finding, rather, it is more of an artistic pursuit, towards beauty, joy, aesthetics, ethos and ethics.

The reason why almost everything is bad is that everything created or produced or whatever is typically created by unhealthy individual individuals, unhealthy corporations, all on some sort of fiat based standard.

Therefore as a consequence, I would say only put your trust in individuals, institutions or whatever, which are financially independent, on a 100% undiluted diversified bitcoin standard.

For example, am I the only YouTuber or podcast I know that has zero advertisements of any kind?

And this is where also I am a bit suspicious of a Joe Rogan; why does he still do these advertisements which are insanely lame? Isn’t he already super super rich?

Also, maybe this is where the idea of a Joe Rogan coin or a Joe Rogan token is a great idea; I invest $100 in Joe Rogan coin, in order to have the privilege of not having to listen to annoying advertisements, and he could do an ethical way. And he could do some sort of Joe Rogan club in which anybody who owns at least $1000 worth of Joe Rogan coin could join him on a private zoom call, ask him any questions etc.

Maybe I’ll introduce an ERIC KIM coin one day. 

Autotelic goals?

So a big idea that I have is once you’re dumb rich, everything you could be doing is autotelic in nature; which means you only do stuff that you really care for, things that you think will benefit the human race. Because you no longer need to make a profit off of it.

For example, one of the big problems is that everyone is always trying to chase a profit, which leads people to just getting burnt out?

If you’re already independently wealthy, then you could just do anything that you want!

An interesting thought; there’s a guy named Derek Sivers, sivers.org I think ,,, and he became independently wealthy I think maybe from selling some sort of tech company? Anyways apparently now his community service is just answering emails from random people all across the globe with random questions?

Also, I’m not sure what Tim Ferris is up to, however, last time I checked, I think he’s still doing podcasts, and once again I’m not really sure why he still needs to put annoying advertisements on his podcasts, isn’t he super rich? I almost find that it is more intelligent and better for him to just promote his own products his own stuff, rather than promoting the products of other people and their services?

Promoting other people is unethical, promoting yourself is more ethical?

Once again, I think Joe Rogan is great! The reason why Joe Rogan became the uber GOAT is because he never censored himself, he is no BS, and he’s just likable as a person!

I think there would be a ton of people willing to pay 10 bucks a month to be part of a Joe Rogan fan club or something, or even for him to have a special newsletter to only $10 a month Joe Rogan fan club members.

Because honestly at this point, money is essentially free; everyone has a ton of money and if somebody is undiluted, 100% honest and pure, you want to support them!

How to uncensor yourself

So, I think the world of social media whatever people are loss averse; they are afraid of losing followers likes comments, subscribers etc. For example, even for myself, my email newsletter I’m slowly bleeding my email newsletter list from around 13,000 down to around maybe 8500 or so?

And also I think my YouTube, went from maybe 75,000 subscribers to now around 55,000?

And also my intelligent strategy of deleting my Instagram at its peak, at around 65,000 followers and rapidly growing in around 2017, and I haven’t looked back since? And note the ERICKIMphoto on Instagram is not me; it was recreated by some sort of virtuous and noble fan!

But anyways, I found that by trying to placate to the masses in some sort of non-controversial matter is not a winning strategy; to have 300 diehard fans is 1000000x better than having 1 million mildly interested followers?

Think King Leonidas and his brave 300!

All you need is 300 cyber Spartans!

The internet is toxic

If you have ever smelled sewer sewage water, like the smell of shit 1000 times over, you know how terrible the smell is. This is the last thing you want to smell before drinking a fine wine or eating your favorite rib eye steak,,,

And also, what if I told you that actually the truth was, 100% of the toxic comments on the internet were actually in fact created by bots?

For the most part going online is like voluntarily jumping into a sewer full of all the dung and foul stuff! With no hazmat suit!

Nobody is on Reddit

I’ll give you another example, I was using Reddit since like my freshman year of college, in 2006, but I quit around 2011. I would literally check it like 200 times a day, to kill the monotony of working my IT tech student job.

Anyways, I think the whole time I never created an account, and I think in the whole like four years of using a religiously, I only ever posted one comment just to be funny?

Therefore my theories; I wonder if all these comments on Reddit, I wonder if they’re all just bots? This were the case would you change your approach? Of course!

Envy?

Envy is an attribute of weak souls.

What is more constructive? Insane and extreme self pride!

This is actually the funny unorthodox thought; the thought is actually, being insanely self interested, self prideful and gloatful is actually a virtue?

I’ll give you an example — schadenfreude, or feeling some sort of superiority complex, by pitying or having compassion for worser off people?

Ignore other people and their kids

For example, something I’m starting to become exposed to is other people other kids, etc.

Now Seneca has never been in some sort of foreign daycare or childcare or standardized schooling yet, and he’s about to turn four. As a consequence, because I’m his personal trainer and teacher, he’s like pretty much on 100% carnivore diet, Wagyu beef, 100% grass-fed burger patties, etc. And actually, the other day when I took him to Legoland for like eight hours, he had a new meat PR, a new personal record; .7 pounds of ground beef burger patty, in a single day? That’s like 3/4ths of a pound, or nearly a pound of beef!

Anyways as a consequence Seneca is way taller stronger buffer, more intelligent and wise, better social skills, and also because he has a goddess for a mother, aka Cindy, she is insanely handsome fun and happy! He’s like the happiest, most giggly kid of all time. He’s essentially always laughing.

Anyways, whenever I see kids who are punier than him, my best strategy is to try to just not compare because I obviously know that Seneca is far superior.

And this is we’re having a pity party for other people their problems their kids is not constructive; I say all in or nothing.

For example, if you want to stage some sort of intervention, you essentially must be 100% committed. And my personal thought is this could only ever happen if it is your own child! Otherwise, you will not be 100% committed.

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100% time commitment

First, the time commitment idea.

The only way I am able to raise and shape and train Seneca the way he is is because I’m like with him 100% of the day. And this is the extreme privilege of being self-employed; even if you had the world’s best Montessori, there will never ever ever ever ever be a better teacher or personal trainer than you!

And also this might sound a bit sexist but I also find the bizarre thing is that if you are a man, and you have a son like your firstborn son… why are there so few male teachers and role models? And also,,, shouldn’t a man, a father raise his own son, his own firstborn son?

Think Leonidas

For example if this was ancient Sparta, and you want to train your son to become a warrior king, certainly you would want some sort of insanely jacked and virtuous man to train your kid.

Also as a heuristic; never trust a personal trainer who is not buffer or stronger than you. 

And this is why I have never ever ever had a personal trainer in my life because no one has ever been as strong unorthodox or courageous as myself; until I have met somebody who could lift 1000 pounds, the thousand pound ERIC KIM Atlas lift, I’m ain’t interested.

Now what?

So, the best thought is we are all on the same team, the same squad! No competition here, because once again we’re on the same team!

Thich Nhat Hanh had a piece of wisdom in one of his writing pieces is that does the left hand envy at the right hand for being stronger, more nimble or superior? No! The left hand doesn’t have an inferiority complex. And also, if you are a lotus flower, and you are surrounded by daffodils, do you envy the daffodil? No!

Or if you’re a panda, do you envy the cougars? No!

The same myology is true with trees; certainly every tree desires to be the tallest the most dominant, etc. However, I don’t think necessarily any trees envy other trees. They just stay focused on themselves, digging their roots ever deeper into the floor, to grow ever higher?

Being “autistic”– autos, self centered as a virtue.

Never stop growing!

So my personal thought is with life everything in-between; the goal isn’t to compare yourself with others, but rather to stay focused on yourself, and keep stacking yourself and growing yourself! And your kid, your family etc.

So for example, a simple personal goal that I have for myself is I want to always become physiologically stronger, more muscular, more dominant, more full of energy and vigor, more happiness joy, etc. Yet I do not compare myself with others; because once again, nobody else is as blessed or fortunate as myself.

The benefit of not going to the gym no more

Even a big benefit of not going to the gym anymore is that whenever I engage in some sort of weightlifting activity, it truly tests my own self-sincerity; am I doing this for myself, or to flex on others?

I think it’s fine to try to flex on others, but often the big problem is when you try too hard to flex on others, you could actually end up injuring yourself in a bad way?

A 2-year mistake

For example one of the bad regrets I had about two years ago, I’m OK now, is that I saw a bunch of guys who are bench pressing a lot, and I wanted to flex on them by benching even more, and in the process, I had a pretty bad injury in my right wrist, which took me nearly 2 years to fully recover!

Once again, one foolish display of machismo caused me two years of anguish. 

And this is where patience is a virtue; and also, the virtue of being self focused, self-centered.

Being self-centered is our new virtue. 

ERIC

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Never stop learning

1. Stoicism
2. Ethics
3. Philosophy

And always when in doubt,

START HERE

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What I’m reading

1. Principles of economics — Saifedean
2. The Odyssey, Emily Wilson Translation Also, Free open source books by KIM >

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Super pumped to share with you, my first full length lecture on an introduction to bitcoin, the bitcoin Revolution, and also this edited transcript that I provided for you!

1. Full video zoom recording Dropbox link
2. PDF SLIDES
3. AUDIO FULL
4. PDF version of new transcript for talk

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The Bitcoin Revolution (WILL) Be Televised!

So the Bitcoin revolution, the revolution will be televised. So, starting off.

First, what is Bitcoin? Why does it matter?

So I think the 1st important critical thing is trying to consider and think you know what is Bitcoin we’ve all heard about in the news we heard about Bitcoin as being a Ponzi scheme, a pyramid scheme. And honestly, my mom has gone through her fair share of Ponzi schemes like she she got suckered by the whole Amway scam.

I think the reason why Bitcoin is so important and critical is, Bitcoin is like the early days of the Internet. So if you go into a time machine and you could tell somebody in the past, okay, you know, in the days before email existed. Right? So okay, once one day, you know, everyone’s gonna have a supercomputer in their pocket. They’re using it to check all their bank statements. You’re going to be able to use your camera on your phone to scan your you know your checks, your bank account balances. You can use this to send money and messages and videos to everyone on the planet. Instantly everyone would have thought you were crazy.
and I think one of the biggest misconceptions about Bitcoin.

So a constructive way of thinking about bitcoin is trying to figure out what bitcoin is not.

My personal opinion is, I do not think that Bitcoin is actually cryptocurrency. I think currency is the Us. Dollar, and I think one of the biggest problems about the whole field of crypto and cryptocurrency is everyone is like a crypto anarchist, which means that they want to see the Us. Government and all the governments on the planet fail, and they can essentially live in peace and silent without interference from the Government.

Yet, you know, obviously, at the end of the day, it’s nice to have public streets. It’s nice to not get robbed in the streets. And actually, I think one of the biggest misconceptions about Bitcoin is. People think that Bitcoin is trying to replace the Us. Dollar.

But my personal thought is, Bitcoin is going to be a supplement to the Us. Dollar.

Essentially, I thought this a long time ago that essentially Bitcoin is digital gold to hedge against inflation, which means, as our money, our Us. Dollars, or our euros, or our local currencies become devalued.

The upside is, our Bitcoin will become more valuable. I think the best analogy that I got was from chairman of microstrategy mstr Michael saylor, essentially thinking that Bitcoin is is not digital currency, but digital
real estate.

So I think this analogy is better, because nobody’s on their zillow, you know, 20 times a day, checking their home prices right? And this is my mad Max Post Apocalyptic perspective. So imagine the future where there’s, you know, essentially
there’s this like nuclear fallout. And you know.
there’s no inhabitable places anywhere. And let us say, there’s only 21 million single family homes left on the planet for anybody to live. Obviously, sooner or later, you know, people are going to want somewhere to live. And so I think the best analogy, I think, is Bitcoin as digital real estate, which means that with digital real estate.

Monetizing Bitcoin?

You know, a lot of people are like– I want to quickly make money off of Bitcoin. But how do I make money off of it? It’s kind of like the early days of real estate. So if you bought Manhattan in the 1600s, you know, how do you monetize it? And I still think that we’re in the very, very early days of bitcoin and institutional adoption, which means you’re going to start to see New Bitcoin products come out. So some simple thoughts. So we’ve all heard stories of Scumbag San Francisco based scumbag landlords, you know, charging an arm and a leg for their tenants, and we all hate the landlords, I think with Bitcoin we’ll become the new digital landlords, which means effectively, we will in the future be able to like rent out our Bitcoin. And you know, let’s say we have one bitcoin right, and it’s and then I think that the personal math I like to do in my head is thinking that one Bitcoin is equivalent to one single family home. So I currently live in Los Angeles, in Culver City. It’s kind of insane. A single family home. I’ve even seen some in my neighborhood for 4.4 million dollars. The average Median household single family home is around 1.7 million dollars.

So in my personal mind, where I think Bitcoin is a trillion times more valuable than physical real estate land, because you could always make more of it. It’s not a real scarcity.

A single family home, and the price of a Bitcoin should be pegged to another.

So in my mind I still think of a Bitcoin at least 1.1
1.7 2.1, maybe even 4.4 million dollars a coin. And I think this is a very very fascinating idea, because also, you know, people say, Oh, but Bitcoin is not real. Money is yeah, but like our dead, shiny rocks. Aka. Gold money either, or is fiat currency, you know pieces of paper. You cannot eat pieces of paper to to live. And I think one of the most interesting things I learned about the philosophy of money is that essentially all money is just existing in the minds and souls of men, the value for men, is all essentially subjective.

Money is not “real”, but subjective.

Now, what makes Bitcoin so fascinating to me is that it’s the 1st time in human existence, you had a hard cap supply of money.

So, for example, people often talk about gold, right? So the issue with gold is at the time it was the least bad form of money, because it was very, very scarce. It was difficult to find. It’s difficult to mine and transport. Yet there was lots of good properties of gold. It’s, you know, essentially it kind of lasts forever. Aesthetically, it looks beautiful, the nice yellow color of gold mimics that of the sun, and you know, at least back in the day, let’s say you had gold coins it could easily fit in your front pocket whatevers.

But now things become a lot more difficult because we’re living in the 21st century, the 22nd century you know, we would have flying car drone robo taxi, self driving car waymos. It’s like, Why are we still using an antiquated digital framework of modern day banking swift code accounts?

I hate the banks

If you’ve ever tried to send money, you know, from the Netherlands to South Korea, to Nigeria, to Lagos whatever you find that the the whole SWIFT system is kind of like a bunch of gangster mafiosas like even my mom is currently living in South Korea.

Example if I want to just send my mom a small sum of money, it is insane,  it takes like three or four days, and the wire transfer fees like 55 bucks, I hate this. This should be done instantly. Therefore the thought of bitcoin, being able to quickly and effectively and securely transfer value across time and space without a trusted intermediary is a big big deal, a big big revolution.

Peer to Peer Capital

So why does Bitcoin matter? It’s kind of like asking somebody why does clean water matter so one of the things I love about Michael Saylor, and I highly recommend watching all of his videos. @wsaylor. It’s essentially Twitter or X or michael.com.

He uses this analogy of sewer water. So let us say, every all 8 billion people on the planet are all drinking sewer water, and people are dying of dysentery, and people are saying, I don’t get it, you know I exercise, you know. I
you know I eat healthy exercise every day, but I’m still dying of dysentery. My kids are dying of dysentery, and so the whole issue is that if you’re drinking sewer water, no matter how healthy your lifestyle is, how virtuous you is. It don’t matter. You’re going to be, you know, dying of dysentery, or perpetually sick.

And so, if we think about these physiological terms, and apply it to Bitcoin and money and digital capital. This becomes really fascinating because my personal thought and you know, also, I grew up in a family of poverty, poverty, meaning that I thought I was going to be homeless at least 2 or 3 times. My dad was perpetually addicted to gambling with the rent money.

So what a lot of people don’t understand about growing up in poverty, and prosody is that the logical strategy that you never know when your dad is going to steal your money and gamble it away, and therefore the smart strategy is actually to spend it all right now! Because you never know when he’s going to look in your piggy bank, your personal checking account that your mom put away for your college, or even take your hard earned $3000 as a 15-year-old bus boy at your mom sushi restaurant, lying that you’re going to invest in some business, leaving to LA for about a month, gambling it away, and coming back empty.

When I think about it, this is actually super sad. Once again when I was like super super young like two years old, my mom tried to make me a savings account, like one of those checking or savings investing accounts for kids, and she might’ve had a nominal amount of money in it, like 200 or 250 bucks or something. And she told me the sad news is that one day when she checked up on it she discovered that the money was gone. Essentially my dad even stole away that $250 from my child savings account for college, once again feed his gambling addiction.

The logic 

So once again, as a kid growing up, I never had this ethos or tactic of saving. Because we literally cannot come every dime that my mom made was fun into paying for groceries and rent.

Therefore I like a 15-year-old kid, my thought was I’m going to take every single penny, I can immediately go out buying some new sneakers, you know, buy some cool clothes, and I literally had $0 in my bank account.

Don’t blame poor people

So I think the pernicious, vicious cycle of inflation is.

You cannot blame people for not saving up capital for their future if the money itself is deflating at such a rapid pace, and so I personally think that you know Bitcoin is like giving every single person on the planet like unlimited free Fiji water, or the best alkaline hipster water whatever water you want. Essentially giving people clean water. And
a lot of people say, Yeah, but Bitcoin is not real money. It’s a okay. So I think this is a big this is a big shift for me also, personally.

My personal thought is, Bitcoin is actually more important than money.

Capital > Money

So we should not think about money. We should think about capital. I think capital is a lot more robust and strong as a concept. So, for example, capital comes from Cap CAP. Like upon your head. K-ap. Essentially it came from the head of oxen. So if you read the Iliad, the Odyssey essentially, every time you want to appease the gods, you have to sacrifice a hectacomb, Hecta means 100 a hundred head of oxen to appease the gods.

And you know, obviously, that’s very expensive, like, can you imagine, if you know you sacrificed a hundred Lamborghinis to appease the gods, it would be quite expensive endeavor. Right?

And so, capital. We all live under Capitalism — it doesn’t matter if you’re living in Europe, Africa, Asia, America, China, and also one thing that people don’t understand is, I think, what a lot of these people, maybe 4 or 5 years ago, China is going to take over. China’s not going to take over. China is dependent on America, and effectively, the Chinese Yuan the CNY is essentially effectively pegged to the Us. Dollar and the Us. The US is essentially the world. Reserve currency and capital is what we seek, not money.

Currency?

Talking about currency, so currency is like, you know, buying a Starbucks Frappuccino, or buying a in and out Burger. Right? That’s like money currency, right?

Capital is essentially long storm, long term, store of value. So it’s building generational wealth.

So one of my favorite songs from Kanye West is the off the grid songs that we off the grid grid grid this for my kid, kids, for when my kids, kids have kids.

And I think this is also the big thing is a lot of millennials, nowadays, I think the disincentive to have kids is because there’s so much fear mongering about the the future is gonna become uninhabitable, you know boil the seas or whatever. So there’s not going to be a future. So essentially, there’s a strong sense of pessimism.

But Bitcoin, to me is like solidified optimism, which means that the future is going to be glorious and great. And you know, even having Seneca right now, think about his future kids, kids, kids, or my future kids, kids, kids.
It brings me so much joy. Because the simple strategy, you just keep stacking Bitcoin until you die, and then you hand it on to your kids. Your kids give it to their kids kids. It’s like, if you owned, you know, a hundred penthouses or 10 square blocks or 20 square blocks in Manhattan, on the main island. Do you ever sell that to buy a Lamborghini? No! That’s not what one does, or liquefy it all into us dollars and brag about how many billions of dollars you have in your bank account.

Nope, that’s not the goal– you want to build capital. And traditionally it’s been real estate. But once again, real estate was a good idea. In the 16 hundreds, 17 hundreds, 18 hundreds, 19 hundreds, or 2000s. But then the subprime mortgage meltdown proved that, you know maybe it’s not always the best idea.

Real estate can go down.

Only one reason

And I think the hard thing is, people say, Yeah, but you know, real estate, you know, essentially, everyone needs somewhere to live, and it’s historically, the value of real estate is always going to go up forever. Now people say that the tricky thing is the pace of monetary inflation is around 15%. The best thing is to either chat Gpt or Google The M2 Money Supply. And essentially what you will find is
that the money supply is essentially a metric in which the Us. Government, or any other government on the planet, includes the euro and stuff. They keep printing more currency. And the reason why then this becomes an issue is that if you have more currency in the system that means the individual value of each unit is going to go down.

The shake shack effect

I call this the shake Shack Burger incident. So me and Seneca we used to always buy a single burger, patty, for $1.49, $1.50 … and one day we come and they say no it is $2.50, a party.

Why this makes no sense is like, yeah, we just increased the minimum wage to $20 an hour from $15 an hour. $20 an hour for fast food, and the hard thing is with minimum wage. You cannot rewind the the hands of time. If you suddenly said that the minimum wage is only $17 an hour, there will be riots. The streets would not be not be good.

Bitcoin is digital photography

So we’re all photographers, you know, street photographers, whatever. And the hard thing with digital is in our minds, digital is infinite and free. So, for example, I could take a copy of Mozart’s 5th Symphony, or whatever, as an mp3, file, and I could copy and distribute it a trillion times with 0 marginal cost right?

So this is where the notion of cyber becomes more interesting. And I’ll think about like, you know, cyber punk thinking about cyber truck.

It’s essentially once again, mathematically, cryptographically, that the hard science and the hard math is there can never be more than 21 million coins
in existence come up forever. Even if you took all the quantum ultra computers on the planet, times it by 20, you still could not produce more bitcoins. It’s just how it works right?

The immortal gold cyber oxen

One Bitcoin is like one cyber-ox, and it’s immortable, immortal, indestructible. It’ll give you life forever. And there’s only gonna be 21 million of them in the future. And now and so this is your chance to get one for an extreme discount.

Buying a single-family home in Los Angeles for only $100,000 

Let’s even say let’s say you want to buy a single family home. Let’s say it costs a million euros or whatever. Right? So if I could tell you today that you could buy a single family home for only $100,000 or €100,000 you’d be like, wow, that’s that’s the deal of a century. That’s you’re still getting a 90% discount.

And my personal thought is Bitcoin is far more valuable than real estate, because in the next 20-30 years, when essentially all the all the baby boomers, The Gen. Xers die off, and it’s the millennials and Gen. Z’s. And, alphas!

What do we care for?

When we millennials take over, what’s interesting is that we don’t really care about physical real estate anymore. We will care about digital cyber real estate which is bitcoin. 

So my personal story, how did I get into Bitcoin? So it might seem a little bit random. It’s like, Okay, ERIC, you’re super famous for photography, street photography like, how do you get to Bitcoin like? It’s like, so random, right? But actually, it’s not very random at all, because, you know, if you’ve been following me carefully, you know the whole time, I’ve always been talking about living minimalistically, frugally, Spartan lifestyle, whatever’s. And you know now that you know I’m pretty stacked with a bitcoin and microstrategy stock mstr.

Funny enough, I’ve personally found that my lifestyle habits haven’t changed much after getting super rich, I mean, I’m a little bit more generous, maybe, like, you know, took out a friend last night to all you eat Korean barbecue
paid for her bill didn’t really even flinch.

Even a random aside, my best friend and my best man Justin, told me this when we were like in our early 20s, when we finally got good paying jobs whatever, is that the greatest joy is being able to eat out and not really feel the pain associated with having to eat out because we both grew up poor. 

I still remember even when I was undergraduate at UCLA, after our KYRIE club meeting, we would all go out to eat, and then I would see all the other guys ordering these really expensive $15 Korean barbecue gogi plates, (this was in 2006, when you could still buy a foot-long sub sandwich for five bucks), and $1.99 tacos, and $1 tacos, and me trying to save money, would force myself not to eat even though I was hungry, and my friends would ask me if I was hungry and I would lie, and say I wasn’t, while my stomach was still grumbling. 

Monetary, financial freedom is the goal

So my personal thought with Bitcoin is, I personally wanted monetary freedom, and so long story short, so I’ll never forget this moment. So I’m born 1988. Went to UCLA as an undergrad — my roommate at the time, Kevin. It’s our junior he’s on Reddit, and I’ll never forget we’re in our studio apartment. I think I was distracted. I was doing something else. He was like Eric, you know. He’s on some subreddit, and he’s like.

“Oh, Eric, this thing called Bitcoin, and there’s this one dude who just bought two domino’s pizzas for like 10,000 bitcoins. We should just get like a hundred bucks worth of bitcoin, and just see what happens.”

I then responded “Eh, seems like a scam” and disregarded it. No this is one bitcoin was like less than a penny, so even if me and Kevin and my roommate Kevin, just bought a hundred bitcoins at the time for funsies, right? And I had a hundred bucks right? We would each be worth at least 1.2 billion dollars.

If I had bought $100 worth of bitcoin at the time, once again we would each have about $1.2 billion in our checking accounts.

Everything happens as it should have happened 

Today, I’m like, man. This was like the worst mistake of my life, right? But everything has happened as it should have happened. You know. Maybe if I had become a billionaire I’d just become some degenerate, you know. Cocaine addict on some beach somewhere in in Hawaii, and then Seneca would never been born. I would have never done my photography, world travels, whatevers.

Then my reintroduction to Bitcoin was kind of more recently when moving to LA. The cost of living is so expensive, and you know every I don’t know a single person who doesn’t want financial freedom. A long story short, I 1st heard about Bitcoin again, kind of earlier than when I was living in Vietnam around 2017, 2018, and at the time I didn’t really need Bitcoin, because our living expenses were so cheap. It was $320 bucks a month for a brand new studio apartment, fully furnished up, uplighting and the jazz right? And even at the time, passively, the income we’re making. Let’s say it’s a $1000- $2,000 a month. Let’s say it’s not even that much right, but like our whole total expenses, living expenses like maybe $600-700 a month, so I had the epiphany I’m like, I’m never going to run out of money. So already, at the age of 26 in my mind, I mentally retired right
and just more for funsies.

Buying bitcoin for $6,999 a Bitcoin

I met this guy named Bing in Singapore. Heard about this thing called Digibyte. Dgb, I don’t even think they’re around anymore. But at the time I’m like, Okay, I want to buy some bitcoins, buy some digibyte. How do I do this? And at the time Coinbase seemed like the best option, because it was the simplest, most minimalist to me it looked like the paypal for for Bitcoin and cryptocurrency.

For fun I bought about $25,000 worth of bitcoin, which, and Bitcoin was only about $7,000, $6,999 a bitcoin. So that was around 3.5 bitcoins. 

I then traded some bitcoin for digibyte, and I kept some bitcoin in my Coinbase account. Then the next few years I essentially saw the waves and the crashes and the dogecoins and stuff like that.

And essentially, I just kind of woke up to my guts and found out that Bitcoin was a real deal.

Satoshi is the Bitcoin Jesus

Some strange analogies is to me Bitcoin is almost like a new
World economic religion, I mean, people who follow Bitcoin are like fanatic. They’re zealous about it. They follow Michael Saylor like he’s like you know the prophet. You know the next prophet of Bitcoin right?

And it’s always good to invest in religions or to invest in cults like the cult of Tesla, Elon Musk apple, Steve Jobs. Whatevs, right?

Why?

Now obviously, I have financial independence now, and the only reason I’m teaching this workshop or sharing this information is, I almost feel like it’s my ethical imperative. Once again, if you could have discovered internet in the early days, or clean drinking water, I would feel that it would almost be a disservice if I did not share this information with others.

Future value

So everyone’s always about like, okay, so what is the Bitcoin gonna be worth? So there’s the open source model. Michael Saylor, I think, helped create it. It’s called the Bitcoin 21 model, I think. Right?

So 21 years from now his base case is that Bitcoin is going to be $13 million a Bitcoin. Bear case, $3 million a Bitcoin. The bull case is $49 million a Bitcoin, and note, this was in 2024 in July before Trump was announced as President, and he is ultra super pro crypto and bitcoin and also worth following, is his son Eric Trump, ironically. His name is also Eric also the funny thing. There’s a bunch of Eric’s actually in the world of Bitcoin, Eric Kim Eric Semler, of semler scientific, this other Etf guy who works for Bloomberg. His name is Eric Balconus, or something like that.

Follow Eric Trump

Essentially, we have an all Republican trump, pro bitcoin pro crypto, President and cabinet, whatever right?

More bullish

What is really fascinating about Michael Saylor’s predictions for the future price of bitcoin is that when it was only $65,000 a bitcoin, and we were a bit uncertain about what the future of bitcoin and the president and the government would look like.

The last four years, we were all fighting an uphill battle, because the former administration was adamantly anti-crypto and anti-bitcoin. Gary Gensler who seems like a smart guy, was for some reason really anti-bitcoin and crypto? 

The next four years will be glorious!

And so these were all written by Michael Saylor’s predictions before we had the most pro bitcoin
government of all time. So all these numbers, I think, should be inflated. So my personal thought is, I think, for the next 4 years once Trump takes office, January 20, 2025. I think this will be the craziest, best Bitcoin Bull Run of all time the next 4 years. So currently, Bitcoin’s been going up around 60% to 62% arr annual rate of return. And I think once Trump takes office, and I’m pretty sure he’s gonna buy the 1 million Bitcoins, or whatever for the strategic American Reserve.

And also I think Eric Trump, his son, is committed to having Bitcoin be at least a million in Bitcoin.

120% Bitcoin ARR for the next 4 years

So let’s see. So my personal prediction, right? So I think Bitcoin will grow by at least 120% arr over the next 4 years. So let’s say, Bitcoin is worth around $100,000 right now. So by next year, let’s say it’s $250,000 the year after that, let’s say it’s $750,000, let’s say the year after that it’s like $1.2 million. So I think we’re on track to hit a million a bitcoin in 4 years about 10x gain. So just do the math from then.

The $1 million dollar cybertruck

Currently as an account measure, I now equate one bitcoin being worth one cyber truck, assuming that a cyber truck is currently around $100,000.

So the smart strategy is to take your hundred thousand dollars and invest it into bitcoin today, and you’ll see that becoming $1 million in four years. 

What that means is sell your cyber truck for $100,000, buy bitcoin, otherwise you have just done spent $1 million on your cyber loser truck.

Cyber warfare 

Now, people are always asking, okay, this, you know, Bitcoin reserve strategy, you know, like, how is? And why is America going to buy the Bitcoins? Right? So we’re essentially out of physical land and real estate. Now we have to go to cyberspace right?

And it seems kind of silly, like something out of a sci-fi film. But the truth is, they’re currently the war we’re having with China and Russia. It’s it’s not physical war per se. It’s actually cyber war. So cyber security is the big big money maker. Even cyber penetration testing. Right? I think Gmail is trying to get like all these malicious actors trying to attack the Gmail servers like a million times a minute. Something crazy, right?

And if you look at the history of America, right? So, Manhattan, 1600s, the price of Manhattan. It was essentially stolen from the natives. Right? 60 guilders, right Louisiana purchase, you know, to fund Napoleon, California. Also kind of stolen from the the local Mexicans right? And also Alaska right. The the payoff was great, right, and so essentially the Bitcoin Act, the Cynthia Lummis Bill, she’s trying to get the States to buy at least a million bitcoins right? And you know even a Michael Saylor is much more aggressive. He’s like no America should at least purchase maybe 5 or 6 million bitcoins, which is 20 to 25% of the whole Bitcoin supply. And all America has to do is a free trade. They just need to sell their gold and then buy Bitcoin.

The super evil genius plan 

And in a recent interview that I was listening from Saylor.
super fascinating, is like essentially what he said was the super evil genius strategy of America selling her gold reserves and buying Bitcoin is that if that’s the case,
we demonetize our enemies.

You know, gold capital reserves.

So then suddenly, the the gold of the Russians, the Chinese, will go to 0, and then everyone’s going to rush into Bitcoin. And if America owns Bitcoin, it’s a good sign for the future.

Why America is the GOAT

And also another big thing I want to talk about. Why does America have the best economy on the planet?
So we essentially gave birth to Apple Amazon, Facebook, the magnificent 7 stocks, Netflix. And you know, people talk about China. It’s like. Okay, I don’t know a single rich mainland Chinese oligarch who doesn’t want to send their kids to the States to Harvard or Yale or Princeton, you know, buy a nice house in Palo Alto, the Bay area, or even Vancouver.

No rich mainland Chinese person actually wants to be in China, but because of capital controls, they’re kind of stuck. So once there’s going to be a mad rush to Bitcoin. That means that you, your family, your whole squad, is going to prosper now.

Simple storage is best.

My friend Dante had a question about storage. So I think the hard thing with storage is okay. So how do you say this?
This is my personal philosophy. The reason I do not personally trust cold storage for myself or more of these self custody options is that I know that I am very forgetful, and my biggest fear is, let’s say, I forget my passcode, or whatever is right to the Bitcoins. And or let’s say, my kids, kids can forget it right? Then boom like, you’re gonna be out like a hundred 1 million dollars. Right? So that’s that’s not fun, right? And so personally, I think the easiest is to just, you know, store it on the cloud. So, using a trusted custodian, whether it be coinbase. I think fidelity has their own services now.

And the you know honestly, it seems like Coinbase is probably the best option,,, coinbase.com, or you just download your iphone ipad. Whatever right is that you could also get a link with your biometric apple id data, whether it be face id or thumbprint. Whatevs right? So this way, it just feels much more secure.

So for me, I would prefer an 80 to 85% optimal thing that is kind of dummy proof rather than take the 100% secure option which, because of user error, I might fail, and something that I personally learned is in terms of technology. And all these things in between
seeking the simplest, most straightforward option
that is least complicated is often the best solution.

Don’t trust advertisements 

And the reason I would be very, very wary of a lot of these people promoting, you know, buying their hardware wallets. Whatever right, everyone has a buck to make. Everyone has a bitcoin to make. Everyone wants to make a few satoshis here and there.

So they’re trying to fear monger us. Oh, you’re gonna you know, Coinbase going to get hacked. And I’m like, no, I don’t think it is. It’s like, you know, back. It’s like essentially a Us. Government backed institution, you know, it’s essentially it’s traded on the the the US Stock Exchange. It’s a American based company. I would not trust anything outside of the States.

Who should use cold storage

If you’re super, you know, quant genius, autistic genius, then do all the cold storage stuff. But if in doubt, just the simplest thing is, coinbase seems to be the best.

The ERIC KIM Free Money Hack

Okay, so this is kind of my free money hack. So I call this microstrategy, strategy, mstr microstrategy versus bitcoin. And okay, so it’s very, very simple. So this becomes a philosophical debate. To say it short.
I think the ultimate goal is to own Bitcoin, he or she, or the entities which own the most Bitcoin shall win.

And so for me, philosophically, you know, let us say that you could own, you know, 20 bitcoins, or you could own 2 million dollars worth of micro strategy. Mstr. Stock. Right?
10-20, 30 years from now, right?

With MSTR you’re going to actually outperform Bitcoin. You’re actually going to make more money from microstrategy stock than Bitcoin. So Bitcoin, historically, has been 60% to 62% ARR annual rate of return MicroStrategy is almost double that 120 to 125 ARR. So if you actually want to maximize your returns, you just buy microstrategy stock mstr.

Risk factors

The issues is, you know let us say that Michael Saylor gets shot. He gets killed. He dies in a Cybertruck self driving accident whatever. Right? Then, it’s probably not going to be the world’s best future for microstrategy. So it’s actually much more risky.

If you want the least risky option, just put all your money into Bitcoin.

We the new Spartan Bitcoin demigods!

And some millennial living strategies. Right? So the the simplest strategy I have, I call it the Spartan strategy. This is why I personally follow. Is you essentially try to live as minimally and frugally and sparse as you can, and just put literally 90% of your income into bitcoin.

And a free money hack I discovered. So, for example, let’s say you have $150,000 or €150,000. Right? And you know I’m not 100% sure how it works if you’re a European.

Anyways what you do is you buy microstrategy stock. So let’s say you buy, you know, $100,000 or $150,000 worth of it right? And Mstr, and you use fidelity, or robinhood, or whatever trading app you have. Right.

And the strategy is simple.

Let us say the base case is $150,000. Let’s say your microstrategy stock value then goes up to $200,000. Right?
You sell $50,000 worth of it, and then you just transfer that to your bank account, and then your bank account is linked with your coinbase account. Then you just buy the Bitcoin — rinse and repeat.

So very, very impressive over the last 3 months, I started with initial seed capital of around $150,000 in microstrategy stock, off of that $150,000 right and I haven’t even touched my principal. I yielded $242,000
off of that initial $150,000. Once again I didn’t touch any of my principal. So essentially I made a free $240,000 dollars … in just 3 months!

Just put it all into MSTR

And also for traditional Roth, Roth, Ira retirement accounts. I put everything into microstrategy stock, and it had already like 3x’d.

For example, My roth, Ira, just kind of randomly was like was $78,000, and then the course of 3 months it’s like now, $230,000. It peaked at around $300,000. So it’s going to be a good future.

Minimize your expenses

So the the very simple strategy– cut and reduce your expenses to a bare minimum.

So let us say you’re able to get down your living expenses to let’s say you know, $5,000 bucks a month or €5,000 a month. Right? the point isn’t to just make a bunch of money and just go out and buy the Lambo. The the goal is actually to continue to live frugally. If anything live more frugally.

The paradox of richness

So the funny paradox here is that when people say they want to become a millionaire, but they’re really mean to say is I want to spend $1 million. 

But the funny thing is the second you go out and you spend $1 million, you then become worth zero dollars.

So actually, the game then is to stack your capital indefinitely and to see your numbers go up forever.

And then the hilarious thing assuming that you’re like some sort of greedy money rich person, you actually continue to live as frugally as possible, and not touch your capital. 

Stop the heat, capital loss

I think one of the wise ways to think about money is like heat loss. For example, if you’re super effing cold, do you want to seal up the window windows and the spots of your house which loses heat.

The same thing is with money and capital. You want to stop the capital loss.

Premium gas is for suckers!

So for example, the number one thing is the whole vehicle thing!

Never ever ever ever ever purchase any vehicle that requires premium gas. This is like the stupidest mistake of all time.

You continue driving your old Toyota Prius, and just pour all of your money in Bitcoin, because really the truth is and this is my philosophical thought is, there’s almost nothing worth on the planet purchasing.
Besides, Bitcoin is my philosophical thought.

The only thing worth purchasing on the planet is bitcoin. 

Think economic leverage


Also some even more super smart economic leverage.

Instead of paying an arm and a leg for rent in La or New York. Brooklyn, you just move to like Southeast Asia.

So if you move to Southeast Asia, you can live like a king, for like $300-500 bucks a month. Right? You just put all your money to Bitcoin.

How to never run out of money 

So even if you had a modest savings, right, let’s say you had like $200,000, and you have microstrategy stock.
Let’s say every month of the month is rent is due, and the expenses are due right? You just sell a small portion of that stock, and it’s going to go up.

So my thought on the next 4 years, microstrategy, assuming it’s around 2x Bitcoin. I think Bitcoin is going to go up 120% ARR. I think microstrategy is going to double that 240% ARR. So just do the math.

At the end of every single month in which expenses are due, let us say it’s like $1000 bucks or something… You just sell $1000 worth of bitcoin or microstrategy stock to just afford your lifestyle. 

MSTR x Bitcoin

But ultimately my personal thought is whatever excess, money and capital you have just put it onto Bitcoin.

So the microstrategy then ends up becoming the engine or the turbocharger or the cash cow. You milk it, and you shave the cream off the top, and then you buy Bitcoin with it.

So I think the reason why to me Bitcoin is such a fascinating thing, and very exciting, is essentially Bitcoin is digital photography.

Peter Diamandis, the X prize guy. Right? You know, he talks a lot about kodak film. You know the iphone and disruption.
So actually, intuitively, as photographers and digital photographers, we should actually understand bitcoin. You know, this disruptive power about digital photography. So obviously, you have the hipsters with their mustaches and their flannels, you know, talking about the virtues of film photography.

But the truth is, digital photography is like a quadrillion times better than film photography.

And also currently, in the year 2025, incoming
digital photography is actually superior to film photography.

In the early days of digital ,,, digital photography sucked. But now, at this point, digital photography is far superior to any sort of film photography, and the only reason you should shoot film in today’s world is either as like a practice to appreciate the joys of photography. So the philosophical approach. Or you know, you’re trying to be some sort of like, you know, snobby fine art photographer and overcharge money for your photos. Then you shoot film.
Because honestly, the the fine art market, they’re always going to overvalue film photos over digital photos, because it’s more complicated. It’s more strange, right? So in the art, in the art world, the more complicated, abstruse, and complicated, you can make your art the better. But for us,
where we care about practical things, yeah, think about Bitcoin. So think about the iphone iphone pro versus your mom’s kodak Browning camera. I think the the thought is obvious. Okay.

How to start buying Bitcoin

Very simple. Just download the coinbase app. Buy Bitcoin.

MSTR stock

If you don’t want to actually own Bitcoin, you just want to make a ton of money, just buy microstrategy stock MSTR, and use your traditional accounts.

A new philosophy of wealth?

So the tricky thing is everyone wants to be a millionaire, but instead of gaining 1 million bucks, and keeping and retaining the million bucks and growing it to 2 million, 5 million 10 million 100 million 1,000,000,000,000 etc., What most people want to do is to spend the million dollars.

In fact, a thought was whenever you watch all these movies about the glamorous life of the Wolf of Wall Street whatever, in order to fit a 90 minute segment, there needs to be some sort of ostentatious displays of wealth, huge parties, babes, yachts, Drugs, debauchery, sex, and Lamborghini countach’s. 

Stacking those bricks!

Never stop stacking

So, saving and building $1 million of capital, just think like money and Lego bricks, capital digital capital. 

The other day I just went to legal end with Seneca, and it was great. An interesting thing that we were doing with some of the kids in the tot lot was taking these oversized Lego bricks, and just seeing how tall of a tower you could build.

And then even the kids said the goal was to keep stacking the bricks.

So the analogy is in LEGOS is that you want to keep building your Lego tower thing as tall as possible, you never want to get rid of your bricks and throw it into the trash. Also you do not want to mess up the stability of your Lego tower, as you build it ever higher, you must also conversely build it a bit wider to support the ever-growing height.

Capitalism vs consumerism

So assuming that money, every capital measure is just like a unit of money, a unit as being a single Lego brick. And I think that is essentially what consumerism is; instead of stacking your capital instead of stacking your Lego bricks, you essentially incinerate it into the trash. 

This is actually another big philosophical thing I discovered is, what’s the difference between capitalism and consumerism.

Consumerism is actually the exact opposite of capitalism.

Capitalism is about accumulating wealth. Building your capital and not spending it. Even one of my favorite Kanye quotes is:

“White people make money don’t spend it, but I’d rather buy 80 gold chains and go ignant (ignorant)”

So the pernicious thing that happens in a lot of communities, especially poor communities, is everyone takes their hard earned cash, they wasted at Vegas the strip club, on loser Louis Vuitton clothes shoes sneakers Nike sneakers, Jordans etc. 

I’ve also seen this happen with my own eyes. It happens all the time to Korean people. It happens to everybody, right?

The truck is you’re a single guy, living in a crappy apartment in K-Town with 20 other dudes, yet you drive the brand new BMW. And you’re not building any sort of generational wealth. Right?

So essentially the smart strategy is to build a capital and do not spend it. And essentially, you want to start to intelligently leverage your capital to give to your future kids or your descendants, or whatever you want to do.

Building the balls for bitcoin 

The hardest thing about Bitcoin is stomaching the volatility. Bitcoin and all the crypto assets in general tend to be much more volatile than the standard stocks in the NASDAQ 100 index, maybe besides microstrategy stock. 

Now this is an important thing; a very interesting thing I saw at the San Diego children’s science center, there was a section on electricity, and there was this transformer that yielded both high voltage energy, as well as low-voltage energy which you could turn into a lightbulb.

It was interesting you just pushed a button, and you had the two lightning rods, and you would see the high voltage energy surging through it, and it looks super dangerous and powerful. And I am very certain that in the early days of Nicola Tesla, Edison, there were probably a lot of people who accidentally touched electrical wire and died.

Now even though there is a handful of people who died from miss handling electricity, it doesn’t mean that we suddenly ban electricity or fear it. Even today, the people who climbed the high ladders, fixed electricity poles, it is still a very dangerous job. But clean silent electricity might be the best innovation or technology for humans of all time.

Bitcoin is electricity. Maybe if handled incorrectly, the high volatility the high energy the high power can kill a man. But if harnessed correctly, it could be the biggest benefit to humanity of all time.

The stoic way

So for most people who get into bitcoin for the first time, and maybe for people who have never day traded, or traded stocks or done risky stuff, stomaching the volatility the highs and lows the ups and downs is quite frightening.

 I consider myself fortunate because I’ve been exposed to trading stocks ever since I was 15 years old, and I’m 36 now. So I guess I’ve been in the game for at least 21 years.

And also, studying stoicism, Zen, Taoism, Spartan philosophy, and hardcore one rep Max powerlifting has been good to steel my nerves, and my soul. 

Practical thoughts

The first thought is never check the price of bitcoin unless you actually plan on purchasing more. And actually, if you think about it… The price of bitcoin should never really even matter if you actually have money and plan on buying some.

An interesting thought I got from Michael Saylor is that I will keep buying the top, forever.  I will continue purchasing bitcoin at $100,000, $250,000, $1 million, $10 million, and 55 million coin.  And who knows, maybe if I live long enough I could buy bitcoin at $1.1 billion of bitcoin. 

If anything, this is actually a happy thought, if I’m privileged enough to live to be 120 or whatever, maybe I could actually live to see bitcoin hit over 1 billion a bitcoin, which means that this will be the best party of all time! Or, maybe Seneca could see it in his lifetime. 

The false coins

So a lot of people ask about ethereum dogecoin shibainu etc. I think Bitcoin is the only true one.

Everything else is the false prophets. Everything else is the false coins. The immaculate conception of Bitcoin and Satoshi.

False prophets

So the difficult thing is everything that is not bitcoin, require some sort of intelligence Books person or PR team. The reason why I also got off of chain-link is that I started to realize that Sergey Nazarov was just a puppet, and Vitalik Buterin is no better — perhaps even weirder.

So the hard thing about any sort of crypto asset which is not bitcoin, is if you have a real person associated to the thing… There are too many risk factors.

For example, Jared Tate, the guy who invented Digibyte (DGB), somewhere along the line went off the rails, started to talk about all these weird conspiracy theories whatever. He may be right he might be wrong he might be partially right, but the biggest issue was once this happened, the digibyte community started to try to distance themselves from him. And obviously the price of DGB crashed — and I’m not even sure that anyone supports it anymore. I haven’t checked.

The immaculate conception of bitcoin

So you know in the Bible when they talk about mother Mary, the immaculate conception of Jesus, and the assumption, we could actually apply a metaphor to bitcoin. I actually do think it’s very critical that she gave his gift to the world, and then disappeared forever. Even actually if you did come out today, And prove that he was Satoshi, it wouldn’t actually really matter, actually in fact, we are all Satoshi. 

Is bitcoin a cult?

Of course it is! But then again, almost everything is a cult. Cult is just short for culture. When we think about weird scientologists and Tom Cruise and whatever, the only reason why the term cult got such a bad reputation is that they demand huge financial investments, and also they apparently do strange tactics to keep you inside the cult?  Even the thing that was kind of shocking to me when I heard it was that actually if you want to be part of a synagogue, you have to pay a monthly fee?

Anyways, my thought is actually, it is a good idea to invest in cults. Investing in the cult of Apple, Steve Jobs, Tesla Elon Musk, SpaceX, etc.

Hard caps matter.

If there is only one thing that makes bitcoin valuable is that it has a hard cap of 21 million bitcoins forever.

This is a big deal because Ethereum does not have a hard cap, you could actually always print more. 

Volatility is vitality

Volatility is vitality. Michael Saylor.

Essentially volatility is vitality, and the more volatile the more energy the power you have, the more vitality you have.

So once again, people think of volatility as being risk. That is actually not the case. Bitcoin is going to go up forever, but it’s going to be like an extreme roller coaster and go up down, but with extreme swings it’s extreme performance.

Volatility is not risk.

Volatility is just going up and down a lot, but essentially over a long enough time span, it’s going to go up forever.

Think the market cap, the potential full market capitalization 

Currently, Bitcoin is like a 2 trillion dollar asset class right? And this is also from Jesse Myers onceinaspecies.com.

And the reason why this is important is currently the whole world’s economy is 900 trillion dollars, right? And
what we have our eyes on is real estate. So real estate is, you know, most people don’t really just use real estate as a place to live right? Otherwise, you just rent. People use it for a long term store of value.

So, for example, if you’re a really really rich family from New York City, you own, like 10 square blocks in Manhattan, and, you know, does your descendants sell, a square block to buy himself a few Ferraris. No, that that would be a bad strategy. So the the tip I have for any single person trying to build intergenerational wealth. Keep it simple. Only one rule. You don’t sell the Bitcoin. If you face extreme poverty or financial distress, I don’t know, become an Uber driver or something. Pay the bills, but don’t sell the Bitcoin.

Bitcoin > Gold

Currently I think we’re going to see is Bitcoin is just going to take over the gold market, which is 16 trillion dollars, maybe the cars and collectible art market.

Utility or long-term store of value?

Now, a big thought is this is from Michael Saylor is that all these assets on the planet– some of half of it is to provide utility. Right? So, for example, you need you need somewhere to live right? That provides utility.

But then, again, some of it is to preserve capital right?

Homes?

So this is the tricky kind of low-key scam I think exist, we try to get suckered into buying a single-family home, or even worth a condo, because simply that is what one does, and this inaccurate rhetoric about these scumbag landlords, and that your essentially pissing away your money and your wealth because you’re paying off their mortgage, rather than building equity in yourself.

Now this might’ve been accurate like 100 years ago, or 15 years ago before bitcoin was invented.

But once again, if a huge paradigm fundamental shift happens, obviously you should not use past technologies because it is no longer pertinent.

For example, you see it today. In the year 2024, we already have the Tesla model S plaid, which will destroy any other mainstream car on the planet, even if it’s like $10 million. Yet why don’t people just go fully electric for electric vehicle sports or hyper cars? Once again people are stuck in old analogies.

There’s really no reason to own a single-family home anymore?

This past weekend, we had the privilege of doing a home exchange, and staying in this really really amazing home in the mountains overlooking the San Diego coastline, I woke up every morning enjoying my morning coffee, with a window next to me, overlooking some beautiful Torrey Pines, and also having the privilege of having the light directly enter through the window and hit my face.

And also, going to the patio, to overlook in the ocean first thing in the morning, with the light directly on me. 

It was kind of like my dream house or home, I always had this vision of having maximum natural light in the house, the living room and the kitchen, floor to ceiling windows etc. And now having experienced it, for four mornings in a row, I could say it was phenomenal, but still… Not really worth $2 million or whatever.

New strategies for wealth generation for millennials

so, I’m born in 1988, and I could probably say that I’m a millennial. Yet the tricky thing is that we’re kind of in a weird spot right now; currently there is a pressure to buy a single-family home?

I think things changed after Covid, like nobody was interested in homeownership, everyone wanted to travel to Japan and be off the grid, become a digital or a cyber nomad etc.

Everyone wants this nebulous notion of “financial independence.” What is financial independence? Bitcoin!

My simple thought about financial independence is not being held down by anything, whether that be homeownership, land ownership, condo ownership, car ownership etc. Because you become like an indentured servant a slave a sharecropper to your land. Why? If you’re going to have to pay property tax like $1500 a month, plus home insurance stuff etc. costing you maybe $2300 a month, and also a mortgage which might in total cost you about $7000 a month, this seems like slavery.

> Home ownership is the new share cropping.

Also a subtle nuance I’ve discovered, is that there is actually some sort of low-key shame about renting? No! If you have a good landlord, rent control and live in a desirable neighborhood, this is like the smartest economic leverage you can make! 

Think digital, cyber land. 

Perhaps one of my most beneficial things of studying sociology is wiping the slate clean, thinking things anew and afresh. 

In fact, the number one thing that you learn is sociology is to always challenge societal norms and assumptions; taking it back to first principles, social first principles, sociological first principles. 

There is no “should”

Once again, the ground truth for much of society is that if you want the ability happiness and smartness, you must have stability, you must own a single-family home, you must own a home or property.

But once again this ideology was invented before the internet, iPhones, and $50 android devices. And certainly before Bitcoin!

The network effect

Do you remember, in the early days of Facebook. It was only it was only university students with an “.edu” address were allowed to join. Then they opened up to everybody, and the network effect of Facebook is that if you have Facebook and I have Facebook, then Facebook instantly becomes more valuable to both of us, because I can now share my photos with you, you could tag me in your photos and vice versa.

Also if your friends friends also have Facebook, it becomes much more valuable to everyone.

The same thing goes with the iPhone and FaceTime. I used to be a diehard android guy, but now I’m all iCloud everything. It makes life so much easier, and also because I wanted to get my mom off of the stupid Kakaotalk, I got my mom an iPhone, and now our whole family has iMessage which makes like way easier.

Bitcoin is the killer app. Bitcoin is like metaphorical FaceTime for all 8 billion people on the planet. 

And so Bitcoin is going to be the same thing as more and more people are going to continue to download Coinbase or whatevs. And also my optimistic thought is, if Apple doesn’t want to become irrelevant, it’s I’m very certain the next 5 to 10 years Apple is going to have their own
Bitcoin storage thing in your icloud account. It makes sense right. They have apple pay. They have the apple wallet. Essentially Apple is the new bank. And so now, when they do like a you know, a 3 device authentication for your bitcoins through your iphone, your ipad and your macbook pro whatevers. It’s actually it might actually be one of the most safe ways to store your bitcoins.

MicroStrategy might be the most valuable company on the planet, the #1 most valuable company on the planet 

The reason why the mainstream media they doesn’t like to talk about microstrategy is that it’s still a little bit too weird and bizarre. And it’s not as buzzworthy as AI, because, okay, people like to think of this like evil Terminator AI, the idea that AI is going to take over the world.

Bitcoin doesn’t have the same doomsday view; for example you never think of bitcoin like being an android walking around, taking over the planet.

AI gets a lot more buzz, because James Cameron and the Terminator made it so cinematic.

Ponzi scheme

For so long people thought that Bitcoin was a Ponzi scheme right. No one ever thought that AI was a Ponzi scheme. So AI always catches the headlines.

But look at microstrategy, look at the best performing stock on the human unit in the human universe over 3x.

For example, people always talk about Nvidia, but micro strategies out performing Nvidia by almost 3X! down the line Nvidia is destroying Tesla. And after that, nobody is even relevant.

Cyber physics

So my practical physics-based thought is that the reason why AI Nvidia, producing computer chips, self driving cars and cybertrucks is so difficult is that you’re still stuck in the realm of physics. To build 1 million cybertrucks is difficult, and also, building 1 billion micro processing chips is also difficult. You are subjected to the laws of entropy, chaos, supply chain issues, Rare earth minerals, regulations, and physical heat loss etc.

What is so amazing about bitcoin is that because it exists in cyberspace, yet is also real, it is not really bound by the same laws of physics. There is no heat loss in a bitcoin, and also it is immortal.

For example, a cybertruck might last 100 years, a bitcoin will last 100 trillion years and beyond. 

Invest in cyber!

Politics

I used to be anti-Donald Trump, but now I’m super for Donald Trump and his whole family. Also for ERIC Trump. Who hilariously has the same name as me.

Anyways, just watched Donald Trump’s Nashville presentation he quotes Michael sailor directly, never sell your bitcoin.

Donald Trump is super super pro bitcoin.

Cyber warfare

There will be no more World War III, the only future war will be a cyber warfare, maybe like bitcoin warfare.

I am quite certain that America will lead the charge in the crypto bitcoin revolution. 

Assuming that America really wants to control the future. I think the America purchasing 6 million bitcoins is not fully out of this this planet.

The American ethos is we always want to be the best, to control everything. Wouldn’t it make sense for us to own like 25% of the bitcoin network? Ideally more?

Building personal family wealth

Everyone wants to build wealth. Everyone wants to be intelligent with their investing. It doesn’t matter if you’re a nonprofit, a charity, a church, Mother Teresa, like every single organization, will always need money. Capital. If you have an endowment, you know, for Harvard, Yale, Princeton, Stanford Brown University. Whatever even the UC’s– everyone needs money and capital.

Even for the people who seem to be the most disinterested in money, my funny irony that I’ve noticed is that the people who critique money, money rich money greedy people, they are the ones who often complain the most about their own financial distress.

Therefore, wealth will benefit everybody, it will benefit you, your enemy, your friends your family.

Don’t think about the macro

I don’t like to think too much about the macro, because I’m not an institutional investor. I just think about myself, my family, my best friends, my squad. So the goal is building personal family wealth and how to intelligently invest.

Not even god can time the market

So a lot of people talk about timing. The ideal is people don’t want to “overpay” for bitcoin, and they want to find a good time to buy.

My personal thought is it is always a good time to buy Bitcoin. At the highs the lows the mids etc. If you go to saylortracker.com, you’ll see the Michael Saylor and MicroStrategy has purchased bitcoin like over 45 times, like 45 distinct events, at the highs the lows the mids, the crashes the highs etc. 

For myself too, whenever I gain any access to money or capital, I immediately purchase more bitcoins, irregardless of the price. If anything I am more opportunistic when I see the price dip a bit, this is when I get greedy in a virtuous way. 

So recently I bought some more Bitcoin at $100,000. Right then it dipped down to 90,000 to 88,000 hit 103,000 again, and so I’m pretty sure that in 10-20 years I’m going to be buying Bitcoin at 1 million, a Bitcoin, 10 million dollars a Bitcoin, 55 million dollars a Bitcoin, whatever is right, and because if you do the simple math, just think at least 4 years ahead, right?

$1.2 million a bitcoin in 4 years 

So if I could tell you with 100% certainty that Bitcoin is going to be $1.2 million a Bitcoin in 4 years, as long as you’re buying it for less than a million dollars a coin you’re getting a good deal! You’re going to be in the green like it’s it’s kind of a a good bet, right?

No need to “maximize o your gains

Good greed vs bad greed?

And actually, also, ironically, my personal thought is
chasing gains is a good thing, but also it’s it’s a good idea to not get “greedy” in the sense of maximizing your gains.

So for example, what’s the difference between getting a 38% yield and a 32% yield? The difference is nominal.

Don’t worry so much about maximization, because even a lot of what I thought my trades were bad 2 years ago ended up being right.

So as investors, we have to think at least 4, 10, 20, 40, 50 years ahead of us. So don’t worry so much about the the short term performance.

The ERIC KIM BLEND

There’s a lots of different blends.

First you could just put 100% of your capital directly in bitcoin, just using Coinbase or whatever.

Another strategy is just putting 100% of your money into microstrategy stock directly. 

My personal suggestion is put 80% of your wealth into Bitcoin and 20% of your wealth into microstrategy MSTR stock.

The reason why I think this is a good split and a good ratio is that technically bitcoin is a lot safer than microstrategy. But, it is good to leverage the nuclear reactor of microstrategy, and not only that, I love Michael Saylor! He is the only living man on the planet besides my friends and family that I love; because he has made me richer than I could have ever possibly have imagined, has brought happiness joy peace and prosperity to my family, to my relationship with Cindy, and also for the bright future of our family and Seneca.

The math 

So whatever allotment you decide to put into bitcoin versus microstrategy, let us just focus on the microstrategy stock. 
To keep number simple let us say that I have $150,000 worth of microstrategy MSTR stock. And let us say that micro strategy climbs to around to be worth $200,000. Well then do is sell about $50,000 worth of the stock, transfer that to my bank account, and then purchase bitcoins worth $50,000 using my Coinbase account which is linked to my checking account.

I call this double profits. 

Expenses

Let us say that you are like a single millennial who wants to live off the grid, ideally you would just live somewhere that is super super cheap, like Cambodia Thailand Vietnam Laos, somewhere in Southeast Asia. Ideally you would not spend much for your living expenses.

Let us say that you relocate to Vietnam and your entire expenses including your rent utilities eating out food coffee etc. is like $1000 a month.

But then you do is at the every month when your bills are due, you just sell about $1000 worth of microstrategy stock, pay your bills and keep the rest!

To me this is like the smartest idea of all time because in theory, you will never run out of money!

This could also work if you live in the states, but once again friends, let us keep our living expenses to the bare minimum. I encourage everyone to rent. Why? Renting will always be cheaper than owning a single-family home or a condo, and you could just use all of the excess money to buy more bitcoins!

What’s the difference between being an investor, a trader vs speculator?

I believe that the desired identity is to be an investor. We want to think about 10, 20, 30 40-50 years ahead of us.

A trader (or even worse,a day trader) is a bunch of these, like 20 year old high testosterone degenerates, you know, single, you know, maybe addicted drugs, or whatever right, who just want to like look cool. I made a billion dollars in a month by using all these complicated statistical models. Blah! Blah! Right? But you don’t want to be a trader or a day trader. You don’t want to be a trader because essentially nobody could time the market. Not even God could time the market.

Speculators are even worse?

What a speculator is people who invest in meme coins. So a meme coin is like buying a Dogecoin or shiba Inu, that the reason why these are not you should not do this is that it is extremely dangerous. You’re going to lose all your money, and it requires a charismatic leader to support it.

So Dogecoin, right? Dogecoin is essentially elon musk coin.
If one day Elon musk tweets. Ha! Ha! Doge was just a joke all along, right. It’s not worth anything. The value of it will plummet to 0, or if once again, Elon dies in a a robo taxi the The value of dogecoin is going to go to 0, whereas if Elon Musk dies, you know Bitcoin is going to still keep going up forever.

We’re investors.

Nobody brags about how many US dollars they have in their checking account


Somebody asked about monetary inflation. There’s this thing called the M2 monetary supply — the rate of monetary inflation and dollar printing.

You’re going to have to exceed at least 13% to 15% to
not lose money. So, for example, let us say, you have a billion dollars of US dollars in your checking account. You’re going to be bled to death. So in a year, your 1 billion dollars is going to shrink to 750 million down to 500 million, to 350 million. And essentially, you’re going to get a point where your money is worthless.

And already we see this right now. So currently, the price of real estate, single family homes is exploding. But this is my critical view– how much of that is that the value of a single family house is higher versus our US. Dollars are just simply worthless or being worth less?

So let us say that the minimum wage goes from $15 an hour to $20 an hour overnight for a Mcdonald’s worker. You instantly see 25% inflation. So your $1 million dollars in the bank is now worth only $750,000.

The real real rich people store less than 1% of their wealth in Us. Dollars in their checking account. You’re not gonna have Jeff Bezos bragging to other people that he has $10 billion dollars of US dollars in his checking account. No, it’s it’s all going to be in you know, stocks, or, you know, real estate. And actually, ideally, Bitcoin. Cyber cyber capital.

Now what?

Follow @saylor, Michael Saylor on TwitterX, Michael.com, watch all of the Michael Saylor interviews in reverse (most recent, then trending backwards). I feel like from listening to Michael Saylor alone I got like a double PhD in physics and monetary theory.

Ultimately the path forward is to just keep buying more bitcoins, and never selling it.

I also then encourage you to think more critically about like life in the backwards; if you’re already worth $100 million, or $1 billion, then what? How do you want to live your life? What do you want to do, what don’t you want to do? This is the next step forward!

ERIC

---

So the Bitcoin revolution, the revolution will be televised. So, starting off.

First, what is Bitcoin? Why does it matter?

So I think the 1st important critical thing is trying to consider and think you know what is Bitcoin we’ve all heard about in the news we heard about Bitcoin as being a Ponzi scheme, a pyramid scheme. And honestly, my mom has gone through her fair share of Ponzi schemes like she she got suckered by the whole Amway scam.

I think the reason why Bitcoin is so important and critical is, Bitcoin is like the early days of the Internet. So if you go into a time machine and you could tell somebody in the past, okay, you know, in the days before email existed. Right? So okay, once one day, you know, everyone’s gonna have a supercomputer in their pocket. They’re using it to check all their bank statements. You’re going to be able to use your camera on your phone to scan your you know your checks, your bank account balances. You can use this to send money and messages and videos to everyone on the planet. Instantly everyone would have thought you were crazy.
and I think one of the biggest misconceptions about Bitcoin.

So a constructive way of thinking about bitcoin is trying to figure out what bitcoin is not.

My personal opinion is, I do not think that Bitcoin is actually cryptocurrency. I think currency is the Us. Dollar, and I think one of the biggest problems about the whole field of crypto and cryptocurrency is everyone is like a crypto anarchist, which means that they want to see the Us. Government and all the governments on the planet fail, and they can essentially live in peace and silent without interference from the Government.

Yet, you know, obviously, at the end of the day, it’s nice to have public streets. It’s nice to not get robbed in the streets. And actually, I think one of the biggest misconceptions about Bitcoin is. People think that Bitcoin is trying to replace the Us. Dollar.

But my personal thought is, Bitcoin is going to be a supplement to the Us. Dollar.

Essentially, I thought this a long time ago that essentially Bitcoin is digital gold to hedge against inflation, which means, as our money, our Us. Dollars, or our euros, or our local currencies become devalued.

The upside is, our Bitcoin will become more valuable. I think the best analogy that I got was from chairman of microstrategy mstr Michael saylor, essentially thinking that Bitcoin is is not digital currency, but digital
real estate.

So I think this analogy is better, because nobody’s on their zillow, you know, 20 times a day, checking their home prices right? And this is my mad Max Post Apocalyptic perspective. So imagine the future where there’s, you know, essentially
there’s this like nuclear fallout. And you know.
there’s no inhabitable places anywhere. And let us say, there’s only 21 million single family homes left on the planet for anybody to live. Obviously, sooner or later, you know, people are going to want somewhere to live. And so I think the best analogy, I think, is Bitcoin as digital real estate, which means that with digital real estate.

Monetizing Bitcoin?

You know, a lot of people are like– I want to quickly make money off of Bitcoin. But how do I make money off of it? It’s kind of like the early days of real estate. So if you bought Manhattan in the 1600s, you know, how do you monetize it? And I still think that we’re in the very, very early days of bitcoin and institutional adoption, which means you’re going to start to see New Bitcoin products come out. So some simple thoughts. So we’ve all heard stories of Scumbag San Francisco based scumbag landlords, you know, charging an arm and a leg for their tenants, and we all hate the landlords, I think with Bitcoin we’ll become the new digital landlords, which means effectively, we will in the future be able to like rent out our Bitcoin. And you know, let’s say we have one bitcoin right, and it’s and then I think that the personal math I like to do in my head is thinking that one Bitcoin is equivalent to one single family home. So I currently live in Los Angeles, in Culver City. It’s kind of insane. A single family home. I’ve even seen some in my neighborhood for 4.4 million dollars. The average Median household single family home is around 1.7 million dollars.

So in my personal mind, where I think Bitcoin is a trillion times more valuable than physical real estate land, because you could always make more of it. It’s not a real scarcity.

A single family home, and the price of a Bitcoin should be pegged to another.

So in my mind I still think of a Bitcoin at least 1.1
1.7 2.1, maybe even 4.4 million dollars a coin. And I think this is a very very fascinating idea, because also, you know, people say, Oh, but Bitcoin is not real. Money is yeah, but like our dead, shiny rocks. Aka. Gold money either, or is fiat currency, you know pieces of paper. You cannot eat pieces of paper to to live. And I think one of the most interesting things I learned about the philosophy of money is that essentially all money is just existing in the minds and souls of men, the value for men, is all essentially subjective.

Money is not “real”, but subjective.

Now, what makes Bitcoin so fascinating to me is that it’s the 1st time in human existence, you had a hard cap supply of money.

So, for example, people often talk about gold, right? So the issue with gold is at the time it was the least bad form of money, because it was very, very scarce. It was difficult to find. It’s difficult to mine and transport. Yet there was lots of good properties of gold. It’s, you know, essentially it kind of lasts forever. Aesthetically, it looks beautiful, the nice yellow color of gold mimics that of the sun, and you know, at least back in the day, let’s say you had gold coins it could easily fit in your front pocket whatevers.

But now things become a lot more difficult because we’re living in the 21st century, the 22nd century you know, we would have flying car drone robo taxi, self driving car waymos. It’s like, Why are we still using an antiquated digital framework of modern day banking swift code accounts?

I hate the banks

If you’ve ever tried to send money, you know, from the Netherlands to South Korea, to Nigeria, to Lagos whatever you find that the the whole SWIFT system is kind of like a bunch of gangster mafiosas like even my mom is currently living in South Korea.

Example if I want to just send my mom a small sum of money, it is insane,  it takes like three or four days, and the wire transfer fees like 55 bucks, I hate this. This should be done instantly. Therefore the thought of bitcoin, being able to quickly and effectively and securely transfer value across time and space without a trusted intermediary is a big big deal, a big big revolution.

Peer to Peer Capital

So why does Bitcoin matter? It’s kind of like asking somebody why does clean water matter so one of the things I love about Michael Saylor, and I highly recommend watching all of his videos. @wsaylor. It’s essentially Twitter or X or michael.com.

He uses this analogy of sewer water. So let us say, every all 8 billion people on the planet are all drinking sewer water, and people are dying of dysentery, and people are saying, I don’t get it, you know I exercise, you know. I
you know I eat healthy exercise every day, but I’m still dying of dysentery. My kids are dying of dysentery, and so the whole issue is that if you’re drinking sewer water, no matter how healthy your lifestyle is, how virtuous you is. It don’t matter. You’re going to be, you know, dying of dysentery, or perpetually sick.

And so, if we think about these physiological terms, and apply it to Bitcoin and money and digital capital. This becomes really fascinating because my personal thought and you know, also, I grew up in a family of poverty, poverty, meaning that I thought I was going to be homeless at least 2 or 3 times. My dad was perpetually addicted to gambling with the rent money.

So what a lot of people don’t understand about growing up in poverty, and prosody is that the logical strategy that you never know when your dad is going to steal your money and gamble it away, and therefore the smart strategy is actually to spend it all right now! Because you never know when he’s going to look in your piggy bank, your personal checking account that your mom put away for your college, or even take your hard earned $3000 as a 15-year-old bus boy at your mom sushi restaurant, lying that you’re going to invest in some business, leaving to LA for about a month, gambling it away, and coming back empty.

When I think about it, this is actually super sad. Once again when I was like super super young like two years old, my mom tried to make me a savings account, like one of those checking or savings investing accounts for kids, and she might’ve had a nominal amount of money in it, like 200 or 250 bucks or something. And she told me the sad news is that one day when she checked up on it she discovered that the money was gone. Essentially my dad even stole away that $250 from my child savings account for college, once again feed his gambling addiction.

The logic 

So once again, as a kid growing up, I never had this ethos or tactic of saving. Because we literally cannot come every dime that my mom made was fun into paying for groceries and rent.

Therefore I like a 15-year-old kid, my thought was I’m going to take every single penny, I can immediately go out buying some new sneakers, you know, buy some cool clothes, and I literally had $0 in my bank account.

Don’t blame poor people

So I think the pernicious, vicious cycle of inflation is.

You cannot blame people for not saving up capital for their future if the money itself is deflating at such a rapid pace, and so I personally think that you know Bitcoin is like giving every single person on the planet like unlimited free Fiji water, or the best alkaline hipster water whatever water you want. Essentially giving people clean water. And
a lot of people say, Yeah, but Bitcoin is not real money. It’s a okay. So I think this is a big this is a big shift for me also, personally.

My personal thought is, Bitcoin is actually more important than money.

Capital > Money

So we should not think about money. We should think about capital. I think capital is a lot more robust and strong as a concept. So, for example, capital comes from Cap CAP. Like upon your head. K-ap. Essentially it came from the head of oxen. So if you read the Iliad, the Odyssey essentially, every time you want to appease the gods, you have to sacrifice a hectacomb, Hecta means 100 a hundred head of oxen to appease the gods.

And you know, obviously, that’s very expensive, like, can you imagine, if you know you sacrificed a hundred Lamborghinis to appease the gods, it would be quite expensive endeavor. Right?

And so, capital. We all live under Capitalism — it doesn’t matter if you’re living in Europe, Africa, Asia, America, China, and also one thing that people don’t understand is, I think, what a lot of these people, maybe 4 or 5 years ago, China is going to take over. China’s not going to take over. China is dependent on America, and effectively, the Chinese Yuan the CNY is essentially effectively pegged to the Us. Dollar and the Us. The US is essentially the world. Reserve currency and capital is what we seek, not money.

Currency?

Talking about currency, so currency is like, you know, buying a Starbucks Frappuccino, or buying a in and out Burger. Right? That’s like money currency, right?

Capital is essentially long storm, long term, store of value. So it’s building generational wealth.

So one of my favorite songs from Kanye West is the off the grid songs that we off the grid grid grid this for my kid, kids, for when my kids, kids have kids.

And I think this is also the big thing is a lot of millennials, nowadays, I think the disincentive to have kids is because there’s so much fear mongering about the the future is gonna become uninhabitable, you know boil the seas or whatever. So there’s not going to be a future. So essentially, there’s a strong sense of pessimism.

But Bitcoin, to me is like solidified optimism, which means that the future is going to be glorious and great. And you know, even having Seneca right now, think about his future kids, kids, kids, or my future kids, kids, kids.
It brings me so much joy. Because the simple strategy, you just keep stacking Bitcoin until you die, and then you hand it on to your kids. Your kids give it to their kids kids. It’s like, if you owned, you know, a hundred penthouses or 10 square blocks or 20 square blocks in Manhattan, on the main island. Do you ever sell that to buy a Lamborghini? No! That’s not what one does, or liquefy it all into us dollars and brag about how many billions of dollars you have in your bank account.

Nope, that’s not the goal– you want to build capital. And traditionally it’s been real estate. But once again, real estate was a good idea. In the 16 hundreds, 17 hundreds, 18 hundreds, 19 hundreds, or 2000s. But then the subprime mortgage meltdown proved that, you know maybe it’s not always the best idea.

Real estate can go down.

Only one reason

And I think the hard thing is, people say, Yeah, but you know, real estate, you know, essentially, everyone needs somewhere to live, and it’s historically, the value of real estate is always going to go up forever. Now people say that the tricky thing is the pace of monetary inflation is around 15%. The best thing is to either chat Gpt or Google The M2 Money Supply. And essentially what you will find is
that the money supply is essentially a metric in which the Us. Government, or any other government on the planet, includes the euro and stuff. They keep printing more currency. And the reason why then this becomes an issue is that if you have more currency in the system that means the individual value of each unit is going to go down.

The shake shack effect

I call this the shake Shack Burger incident. So me and Seneca we used to always buy a single burger, patty, for $1.49, $1.50 … and one day we come and they say no it is $2.50, a party.

Why this makes no sense is like, yeah, we just increased the minimum wage to $20 an hour from $15 an hour. $20 an hour for fast food, and the hard thing is with minimum wage. You cannot rewind the the hands of time. If you suddenly said that the minimum wage is only $17 an hour, there will be riots. The streets would not be not be good.

Bitcoin is digital photography

So we’re all photographers, you know, street photographers, whatever. And the hard thing with digital is in our minds, digital is infinite and free. So, for example, I could take a copy of Mozart’s 5th Symphony, or whatever, as an mp3, file, and I could copy and distribute it a trillion times with 0 marginal cost right?

So this is where the notion of cyber becomes more interesting. And I’ll think about like, you know, cyber punk thinking about cyber truck.

It’s essentially once again, mathematically, cryptographically, that the hard science and the hard math is there can never be more than 21 million coins
in existence come up forever. Even if you took all the quantum ultra computers on the planet, times it by 20, you still could not produce more bitcoins. It’s just how it works right?

The immortal gold cyber oxen

One Bitcoin is like one cyber-ox, and it’s immortable, immortal, indestructible. It’ll give you life forever. And there’s only gonna be 21 million of them in the future. And now and so this is your chance to get one for an extreme discount.

Buying a single-family home in Los Angeles for only $100,000 

Let’s even say let’s say you want to buy a single family home. Let’s say it costs a million euros or whatever. Right? So if I could tell you today that you could buy a single family home for only $100,000 or €100,000 you’d be like, wow, that’s that’s the deal of a century. That’s you’re still getting a 90% discount.

And my personal thought is Bitcoin is far more valuable than real estate, because in the next 20-30 years, when essentially all the all the baby boomers, The Gen. Xers die off, and it’s the millennials and Gen. Z’s. And, alphas!

What do we care for?

When we millennials take over, what’s interesting is that we don’t really care about physical real estate anymore. We will care about digital cyber real estate which is bitcoin. 

So my personal story, how did I get into Bitcoin? So it might seem a little bit random. It’s like, Okay, ERIC, you’re super famous for photography, street photography like, how do you get to Bitcoin like? It’s like, so random, right? But actually, it’s not very random at all, because, you know, if you’ve been following me carefully, you know the whole time, I’ve always been talking about living minimalistically, frugally, Spartan lifestyle, whatever’s. And you know now that you know I’m pretty stacked with a bitcoin and microstrategy stock mstr.

Funny enough, I’ve personally found that my lifestyle habits haven’t changed much after getting super rich, I mean, I’m a little bit more generous, maybe, like, you know, took out a friend last night to all you eat Korean barbecue
paid for her bill didn’t really even flinch.

Even a random aside, my best friend and my best man Justin, told me this when we were like in our early 20s, when we finally got good paying jobs whatever, is that the greatest joy is being able to eat out and not really feel the pain associated with having to eat out because we both grew up poor. 

I still remember even when I was undergraduate at UCLA, after our KYRIE club meeting, we would all go out to eat, and then I would see all the other guys ordering these really expensive $15 Korean barbecue gogi plates, (this was in 2006, when you could still buy a foot-long sub sandwich for five bucks), and $1.99 tacos, and $1 tacos, and me trying to save money, would force myself not to eat even though I was hungry, and my friends would ask me if I was hungry and I would lie, and say I wasn’t, while my stomach was still grumbling. 

Monetary, financial freedom is the goal

So my personal thought with Bitcoin is, I personally wanted monetary freedom, and so long story short, so I’ll never forget this moment. So I’m born 1988. Went to UCLA as an undergrad — my roommate at the time, Kevin. It’s our junior he’s on Reddit, and I’ll never forget we’re in our studio apartment. I think I was distracted. I was doing something else. He was like Eric, you know. He’s on some subreddit, and he’s like.

“Oh, Eric, this thing called Bitcoin, and there’s this one dude who just bought two domino’s pizzas for like 10,000 bitcoins. We should just get like a hundred bucks worth of bitcoin, and just see what happens.”

I then responded “Eh, seems like a scam” and disregarded it. No this is one bitcoin was like less than a penny, so even if me and Kevin and my roommate Kevin, just bought a hundred bitcoins at the time for funsies, right? And I had a hundred bucks right? We would each be worth at least 1.2 billion dollars.

If I had bought $100 worth of bitcoin at the time, once again we would each have about $1.2 billion in our checking accounts.

Everything happens as it should have happened 

Today, I’m like, man. This was like the worst mistake of my life, right? But everything has happened as it should have happened. You know. Maybe if I had become a billionaire I’d just become some degenerate, you know. Cocaine addict on some beach somewhere in in Hawaii, and then Seneca would never been born. I would have never done my photography, world travels, whatevers.

Then my reintroduction to Bitcoin was kind of more recently when moving to LA. The cost of living is so expensive, and you know every I don’t know a single person who doesn’t want financial freedom. A long story short, I 1st heard about Bitcoin again, kind of earlier than when I was living in Vietnam around 2017, 2018, and at the time I didn’t really need Bitcoin, because our living expenses were so cheap. It was $320 bucks a month for a brand new studio apartment, fully furnished up, uplighting and the jazz right? And even at the time, passively, the income we’re making. Let’s say it’s a $1000- $2,000 a month. Let’s say it’s not even that much right, but like our whole total expenses, living expenses like maybe $600-700 a month, so I had the epiphany I’m like, I’m never going to run out of money. So already, at the age of 26 in my mind, I mentally retired right
and just more for funsies.

Buying bitcoin for $6,999 a Bitcoin

I met this guy named Bing in Singapore. Heard about this thing called Digibyte. Dgb, I don’t even think they’re around anymore. But at the time I’m like, Okay, I want to buy some bitcoins, buy some digibyte. How do I do this? And at the time Coinbase seemed like the best option, because it was the simplest, most minimalist to me it looked like the paypal for for Bitcoin and cryptocurrency.

For fun I bought about $25,000 worth of bitcoin, which, and Bitcoin was only about $7,000, $6,999 a bitcoin. So that was around 3.5 bitcoins. 

I then traded some bitcoin for digibyte, and I kept some bitcoin in my Coinbase account. Then the next few years I essentially saw the waves and the crashes and the dogecoins and stuff like that.

And essentially, I just kind of woke up to my guts and found out that Bitcoin was a real deal.

Satoshi is the Bitcoin Jesus

Some strange analogies is to me Bitcoin is almost like a new
World economic religion, I mean, people who follow Bitcoin are like fanatic. They’re zealous about it. They follow Michael Saylor like he’s like you know the prophet. You know the next prophet of Bitcoin right?

And it’s always good to invest in religions or to invest in cults like the cult of Tesla, Elon Musk apple, Steve Jobs. Whatevs, right?

Why?

Now obviously, I have financial independence now, and the only reason I’m teaching this workshop or sharing this information is, I almost feel like it’s my ethical imperative. Once again, if you could have discovered internet in the early days, or clean drinking water, I would feel that it would almost be a disservice if I did not share this information with others.

Future value

So everyone’s always about like, okay, so what is the Bitcoin gonna be worth? So there’s the open source model. Michael Saylor, I think, helped create it. It’s called the Bitcoin 21 model, I think. Right?

So 21 years from now his base case is that Bitcoin is going to be $13 million a Bitcoin. Bear case, $3 million a Bitcoin. The bull case is $49 million a Bitcoin, and note, this was in 2024 in July before Trump was announced as President, and he is ultra super pro crypto and bitcoin and also worth following, is his son Eric Trump, ironically. His name is also Eric also the funny thing. There’s a bunch of Eric’s actually in the world of Bitcoin, Eric Kim Eric Semler, of semler scientific, this other Etf guy who works for Bloomberg. His name is Eric Balconus, or something like that.

Follow Eric Trump

Essentially, we have an all Republican trump, pro bitcoin pro crypto, President and cabinet, whatever right?

More bullish

What is really fascinating about Michael Saylor’s predictions for the future price of bitcoin is that when it was only $65,000 a bitcoin, and we were a bit uncertain about what the future of bitcoin and the president and the government would look like.

The last four years, we were all fighting an uphill battle, because the former administration was adamantly anti-crypto and anti-bitcoin. Gary Gensler who seems like a smart guy, was for some reason really anti-bitcoin and crypto? 

The next four years will be glorious!

And so these were all written by Michael Saylor’s predictions before we had the most pro bitcoin
government of all time. So all these numbers, I think, should be inflated. So my personal thought is, I think, for the next 4 years once Trump takes office, January 20, 2025. I think this will be the craziest, best Bitcoin Bull Run of all time the next 4 years. So currently, Bitcoin’s been going up around 60% to 62% arr annual rate of return. And I think once Trump takes office, and I’m pretty sure he’s gonna buy the 1 million Bitcoins, or whatever for the strategic American Reserve.

And also I think Eric Trump, his son, is committed to having Bitcoin be at least a million in Bitcoin.

120% Bitcoin ARR for the next 4 years

So let’s see. So my personal prediction, right? So I think Bitcoin will grow by at least 120% arr over the next 4 years. So let’s say, Bitcoin is worth around $100,000 right now. So by next year, let’s say it’s $250,000 the year after that, let’s say it’s $750,000, let’s say the year after that it’s like $1.2 million. So I think we’re on track to hit a million a bitcoin in 4 years about 10x gain. So just do the math from then.

The $1 million dollar cybertruck

Currently as an account measure, I now equate one bitcoin being worth one cyber truck, assuming that a cyber truck is currently around $100,000.

So the smart strategy is to take your hundred thousand dollars and invest it into bitcoin today, and you’ll see that becoming $1 million in four years. 

What that means is sell your cyber truck for $100,000, buy bitcoin, otherwise you have just done spent $1 million on your cyber loser truck.

Cyber warfare 

Now, people are always asking, okay, this, you know, Bitcoin reserve strategy, you know, like, how is? And why is America going to buy the Bitcoins? Right? So we’re essentially out of physical land and real estate. Now we have to go to cyberspace right?

And it seems kind of silly, like something out of a sci-fi film. But the truth is, they’re currently the war we’re having with China and Russia. It’s it’s not physical war per se. It’s actually cyber war. So cyber security is the big big money maker. Even cyber penetration testing. Right? I think Gmail is trying to get like all these malicious actors trying to attack the Gmail servers like a million times a minute. Something crazy, right?

And if you look at the history of America, right? So, Manhattan, 1600s, the price of Manhattan. It was essentially stolen from the natives. Right? 60 guilders, right Louisiana purchase, you know, to fund Napoleon, California. Also kind of stolen from the the local Mexicans right? And also Alaska right. The the payoff was great, right, and so essentially the Bitcoin Act, the Cynthia Lummis Bill, she’s trying to get the States to buy at least a million bitcoins right? And you know even a Michael Saylor is much more aggressive. He’s like no America should at least purchase maybe 5 or 6 million bitcoins, which is 20 to 25% of the whole Bitcoin supply. And all America has to do is a free trade. They just need to sell their gold and then buy Bitcoin. And in a recent interview that I was listening from Saylor.
super fascinating, is like
essentially what he said was the super evil genius strategy of selling America, selling her gold reserves and buying Bitcoin is that if that’s the case, comma.
we demonetize our enemies.
you know, capital reserves. So then suddenly, the the gold of the Russians, the Chinese, will go to 0, and then everyone’s going to rush into Bitcoin. And if America owns Bitcoin, it’s a good sign for the future. And also another big thing I want to talk about. Why does America have the best economy on the planet.
So we essentially gave birth to Apple Amazon, Facebook, the magnificent 7 stocks, Netflix. And you know, people talk about China. It’s like. Okay, I don’t know a single rich mainland Chinese oligarch who doesn’t want to send their kids to the States to
to Harvard or Yale or Princeton, you know, buy a nice house in Palo Alto, the Bay area, or even Vancouver. No rich mainland Chinese person actually wants to be in China, but because of capital controls, they’re kind of stuck. So once there’s going to be a mad rush to Bitcoin. That means that you, your family, your whole squad, is going to prosper now.
you know, issues. My, my friend Dante had a question about storage. So
I think the hard thing with storage is okay. So how do you say this?
I, my, this is my personal philosophy. The reason I do not personally trust cold storage for myself or more of these self custody options is that
I know that I am very forgetful, and my biggest fear is, let’s say, I forget my passcode, or whatever is right to the Bitcoins. And or let’s say, my kids, kids can forget it right? Then boom like, you’re gonna be out like a hundred 1 million dollars. Right? So that’s that’s not fun, right? And so personally, I think the easiest is to just, you know, store it on the cloud. So, using a trusted custodian, whether it be coinbase. I think fidelity has their own services now.
And the you know honestly, it seems like Coinbase is probably the best option coinbase.com, or you just download your iphone ipad. Whatever right is that you could also get a link with your biometric apple id data, whether it be face id or thumbprint. Whatevs right? So this way, it just feels much more secure. So
for me, I would prefer an 80 to 85% optimal thing that is kind of dummy proof rather than take the 100 secure option which, because of user error, I might fail, and something that I personally learned is
in terms of technology. And all these things in between
seeking the simplest, most straightforward option
that is least complicated is often the best solution. And the reason I would be very, very wary of a lot of these people promoting, you know, buying their hardware wallets. Whatever’s right, everyone has a buck to make. Everyone has a bitcoin to make. Everyone wants to make a few satoshis here and there.
and so they’re trying to fear monger use. Oh, you’re gonna you know, Coinbase going to get hacked. And I’m like, no, I don’t think it is. It’s like, you know, back. It’s like essentially a Us. Government, you know, it’s essentially it’s traded on the the You know the Stock Exchange. It’s a American based company. I would. I would not trust anything outside of the States.
But yeah, I would say, choose now, obviously, if you’re super, you know.
quant genius, autistic genius, then do all the cold storage stuff. But if in doubt, just the simplest thing is, coinbase seems to be the best. Okay, so this is kind of my free money hack. So I call this microstrategy, strategy, mstr microstrategy versus bitcoin. And okay, so it’s very, very simple. So this becomes a philosophical debate. To say it short.
I think the ultimate goal is to own Bitcoin, he or she, or the entities with the owners of the most Bitcoin shall win. And so for me, philosophically, you know, let us say that you could own, you know, 20 bitcoins, or you could own 2 million dollars worth of micro strategy. Mstr. Stock. Right?
1020, 30 years from now, right?
You’re going to actually outperform. You’re actually going to make more money from microstrategy stock than Bitcoin. So Bitcoin, historically, has been 60% to 62% AR annual rate of return micro strategies is almost double that 120 to 1, 25 AR. So if you actually want to maximize your returns. You just buy microstrategy stock mstr and bitcoin. Right? But the issues is, you know. Let us say that Michael Saylor gets shot. He gets killed. He
you know, dies in a Cybertruck, whatever. Right? Then, it’s probably not going to be the world’s best future for microstrategy. So it’s actually much more risky. So if you want the least risky option, it’s just put all your money into Bitcoin right? And some millennial living strategies. Right? So the the simplest strategy I have. I call it the Spartan strategy. This is why I personally follow. Is you essentially try to live as minimally and frugally and sparse as you can, and just put literally 90% of your income into bitcoins right?
And a free money hack I discovered. So, for example, let’s say you have $150,000 or €150,000. Right? And you know I’m not 100 sure how it works. If you’re a European. What is right. But you, you buy micro strategy stocks. So let’s say you buy, you know, 100,000 or $150,000 worth of it right? And Mstr, and you use fidelity, or robinhood, or whatever trading app you have. Right.
And the strategy is simple. It’s whenever you know. Let us say the base case 150,000.
Let’s say your microstrategy stock value then goes up to 200,000. Right?
You sell $50,000 worth of it, and then you just transfer that to your bank account.
and then your bank account is linked with your coinbase account. Then you just buy the Bitcoin right and rinse and repeat so very, very impressive over the last 3 months, I started with initial seed capital of around $150,000 in microstrategy stock
off of that $150,000 right? And I haven’t even touched my principal. I yielded $242,000
off of that initial 150,000 right? And also for traditional Roth, Roth, Ira retirement accounts. I put everything into microstrategy stock, and it is already like 3 x like, for example.
My roth, Ira, just kind of randomly was like what $78,000, and then the course of 3 months. It’s like now, it’s like 230,000. It peaked at around 300,000. So it’s going to be a good future. And so the the very simple strategy. So let us say you’re able to get down your living expenses to let’s say
you know, 5,000 bucks a month or €5,000 a month. Right?
the point isn’t to just make a bunch of money and just go out and buy the Lambo. The the goal is actually to continue to live for good. If anything live more fully. People who says like, Oh, you know, you want to get rich, don’t care about money or whatever. If you’re a real real greedy, you know money, loving person. Actually, the optimal strategy is.
you live, you know. You continue driving your old Toyota Prius, and just pour all of your money in Bitcoin, because really the truth is and this is my philosophical thought is, there’s almost nothing worth on the planet purchasing.
Besides, Bitcoin is my philosophical thought. So and also some e even more super smart economic leverage. Right?
So instead of paying an arm and a leg for rent in La or New York. Brooklyn, you just move to like Southeast Asia. Right you go. Move to Southeast Asia, live like a king, for like 300 500 bucks a month. Right? You just put all your money to Bitcoins right? So even if you had a modest savings, right, let’s say you had like $200,000, and you had microstrategy stock.
let’s say every month of the month is rent is due, and the expenses are due right? You just sell a small portion of that stock, and it’s going to go up. So my thought on the next 4 years, micro strategy, assuming it’s around 2 x Bitcoin. I think Bitcoin is going to go up 120% error. I think micro strategy is going to double that 240% error. So just do the masses. At the end of every single month
you make a small. Your gains go up like crazy right, and let’s say your living expenses are like under a thousand bucks, or if you, if you live in the States, 5,000 bucks, you sell X amount of monies to just support your living expenses, and you just continue to ride your gains. But ultimately my personal thought is whatever excess, money and capital you have just put it onto Bitcoin. So the micro strategy then ends up becoming the engine or the turbocharger or the cash cow. You milk it, and you shave the cream off the top, and then you buy Bitcoin with it.
So I think the reason why to me Bitcoin is such a fascinating thing, and very exciting, is essentially Bitcoin is digital photography. Peter Diamandis, the ex guy. Right? You know, he talks a lot about kodak film. You know the iphone and disruption.
So actually, intuitively, as photographers and digital photographers, we should actually understand. You know, this disruptive power about digital photography. So obviously, you have the hipsters with their mustaches and their flannels, you know, talking about the virtues of film photography.
But the truth is, digital photography is like a quadrillion times better.
And also currently, in the year 2025, incoming
digital photography is actually superior to film photography. I mean.
maybe in the early days of digital sucked right. But now, at this point, digital photography is far superior to any sort of film photography, and the only reason you should film in today’s world
is either as like a practice to appreciate the joys of photography. So the philosophical approach.
or you know, you’re trying to be some sort of like, you know, snoppy fine art photographer and overcharge money for your photos. Then you shoot film.
because honestly, the the fine art market, they’re always going to overvalue film photos over digital photos, because it’s more complicated. It’s more strange, right? So in the art, in the art world, the more complicated, abstruse, and complicated, you can make your art the better. But for us.
where you care about practical things, yeah, think about Bitcoin. So think about the iphone iphone pro versus your mom’s kodak Browning camera. I think the the thought is obvious. Okay.
so how to start buying Bitcoin. Very simple. Just download the coinbase app, or you know if you if you don’t want to actually own Bitcoin, you just want to make a ton of money, just buy micro strategy stock Mstr, and use your traditional
accounts. And I still think that this is the biggest thing is that everyone wants to become a millionaire, right?
But you know what I think people want to do is
they don’t want to earn like, okay, okay.
people want to spend a million dollars.
They don’t want to actually save and build a million dollars right? And so if you think about, you know, money and
capital digital capital, I think about like Lego bricks, right? I just went to Legoland. Senecall is great. So let us say that
each bitcoin, or dollar or 1 million dollars like these. Let’s say these are Lego bricks right? The goal is, you want to build your Lego Tower brick thing as tall as possible. You don’t ever want to
get rid of your bricks and throw into the trash. That’s essentially what consumerism is. And this is actually another big philosophical thing I discovered is, what’s the difference between capitalism and consumerism. Consumerism is actually the exact opposite of capitalism. Capitalism is about accumulating wealth.
building your capital and not spend it right. Even one of my favorite Kanye quotes is like why people make money don’t spend it. But I’d rather buy 80 gold chains go ignorant, right ignorant. And so the pernicious thing that happens in a lot of communities, especially poor communities. Right? I’ve seen this happen with my own eyes. Right?
Happens to Korean people. It happens to everybody, right? Is that you know you live in a crappy apartment in K. Town with 20 other dudes. Yet you drive the brand new Bmw. And you’re not building any sort of generational wealth. Right? And so essentially, yeah, you want to build the capital and not spend it. And essentially, you want to start to intelligently leverage your capital
to give to your future kids or your descendants, or whatever you want to do. Now, the hardest thing about Bitcoin is stomaching the volatility so volatile, mean. Just it goes up, it goes down, and then, like honestly for most people, it’s going to give them like 5. 100 heart attacks over right now
I think of a Bitcoin kind of like nuclear energy, so
nuclear energy in the untamed formed is obviously toxic could cause the next Fukushima whatevers right? But if you have a bunch of smart people, engineers, nuclear physicists working in a controlled manner, right? It’s like the greatest benefit to society, because to humanity, because essentially, you’re giving people free electricity forever. Right? And
I think my personal thought is the volatility is a future not above. So the reason why Bitcoin goes up and down the sideways so much all the time, and you can have huge swings
is because you could trade a 24, 7, 365 on the weekends in the evenings. Right?
It still befuddles me that in the year 2024, 2025 like. Why is it that you know, after 5 pm. You know Eastern time, or on the weekend Saturday, Sunday like, why did they close the market? So what if there’s another Cuban missile crisis. It makes no sense right?
And also the reason why it’s so volatile is that it’s actually the most
desirable commodity on the planet. And there’s all these people with these weird Bloomberg machine terminals, whatever they are, always pegging everything to the Bitcoin. So a lot of people ask about ethereum dogecoin webs, right. I think Bitcoin is the only true.
Everything else is the false prophets. Everything else is the false coins. The immaculate conception of Bitcoin and Satoshi.
I think this is actually a big deal, because anything that is not Bitcoin, you know, ethereum and the like. They they need some sort of spokesperson, or, you know, individual to prop up the value right, whereas Satoshi, he invented it, he disappeared forever. Now the reason why this is such a big deal is that
every other crypto thing which is not Bitcoin.
It does not have a hard cap
like you could print more ethereums. You could print more. Whatever tokens you cannot print more bitcoins, and that’s that’s the big thought.
So. Volatility is vitality. Eric Kim. I actually didn’t say that. Sorry. That was actually Michael Saylor. I typed that in wrong. But essentially
you know, volatility is vitality, and the more volatile the more energy the power you have, the more vitality you have. So once again, people think of volatility as being risk. That is actually not the case. Bitcoin is going to go up forever, but it’s going to be like an extreme roller coaster and go up down, but with extreme swings it’s extreme performance. So
yeah, volatility is not risk. Volatility is just going up and down a lot, but essentially over a long enough time span. It’s going to go up forever.
So I borrowed a lot of slides quite liberally from Michael Saylor. Some of these are from his recent Microsoft. Pitch. And yeah, just go. michael.com go to his presentations looking at yourself. So I’ll just make some quick points. So
essentially, currently, Bitcoin is like a 2 trillion dollar asset class right? And this is also from Jesse Myers once in a species.com. And the reason why this is important is currently you know. Let us say the whole world’s economy is 900 trillion dollars, right? And
what we have our eyes on is real estate. So real estate is, you know, most people don’t really just use real estate as a place to live right? Otherwise, you just rent. People use it for a long term store of value. So, for example, if you’re a really really rich family from New York City, you own, like 10 square blocks in Manhattan, and, you know, does your descendants sell, you know.
a square block to buy himself a few Ferraris. No, that that would be a bad strategy. So the the tip I have for any single person trying to build intergenerational wealth. Keep it simple. Only one rule. You don’t sell the Bitcoin. If you face extreme poverty or financial distress, I don’t know. Become an Uber driver or something. Pay the bills, but don’t sell the Bitcoin.
and currently I think we’re going to see is Bitcoin is just going to take over the gold market, which is 16 trillion dollars, maybe the cars and collectible art market.
Now, a big thought is this is from Michael Saylor once again, is that
all these assets on the planet.
Some of half of it is to provide utility. Right? So, for example, you know.
let’s say you need you need somewhere to live right? No so that provides utility right? But then, again, some of it is to preserve capital right? And
as a 36 year old millennial nowadays. The pressures. Oh, you got to buy a single family home today, right? But the the reason I get so sus of people saying you should buy a house is that they’re like, oh, you essentially need somewhere to live. You’ll build capital. Blah! Blah, right? You don’t want to give money to land, but it’s like no, you only need one reason like you would only ever buy a single family house. If let’s say you really like having a backyard and a garage, or what is right. But it’s really not
a money making thing, because homeownership is like a trillion, times more expensive than you would otherwise think, and as a consequence, with a single family home, even if the price is going up right
at best, you might be breaking, even if not, you know, slowly bleeding yourself. Because, let’s say, real estate is on average, going up 10% a year, right? The money supply the inflationary. M 2 supply is 15% a year. So you’re actually kind of losing money.
So the big thought is once again, you know.
the optimistic thought is eventually all these long term sort of things are going to become digital capital. I still think about this, the Warren Buffett. They’re all gonna die. And then, when we, you know, take the take the mantle. What’s gonna happen the next 20 years, even if you’re 80 years old right now? 81 years old. Shout out.
You know, I think I’m optimistic. We could live to be 100 20. So yeah, this is definitely the next wave. You’re not going to want to miss right? And you know, currently a lot of millennials. People like everyone wants to buy the Lambo or the Ferrari.
You’re you’re going to lose the value of it in about 3 years. You want to live forever.
So these are some kind of conservative growth estimates, according to Michael Saylor’s Bitcoin 24 model. So in about 21 years, and this was still pretty conservative. Right? Bitcoin is going to become a 280 trillion dollar, you know thing right? So going from 2 trillion to 200 trillion, so at least 10 x. So you’re conservatively, you’re going to see your money at least 10 x in 21 years, which is pretty cool. Right? It’s not going to take over all these other things. It might, but it might not.
Now people always ask.
what is Bitcoin backed by? So I did the maths right and based on what other people say, too essentially the Bitcoin network. If you took all the apple Amazon aws servers, Meta.
combine them all times 20, you could still not hack the Bitcoin network in in terms of the raw power that goes into powering. Think about like 20 nuclear power reactors powering the thing right? And also people don’t understand is there’s already been 850 billion dollars of quote, real money investment thing follow Blackrock. They just recently recommended most of their
you know, owners to allocate at least 2% of their portfolio into Bitcoin, which is kind of a big deal. Look about what Larry Fink says. Blackrock is like what they own. What 40 trillion dollars of assets around the planet. They’re they’re kind of a big deal. And also it’s a network effect. So you remember, in the early days of Facebook. It was only it was only university students with the Edu address were allowed to join in. Then they opened up to everybody, and the network effect of Facebook is that
if you have Facebook and I have Facebook, then Facebook instantly becomes more valuable to both of us, because I can now share my photos with you, whatever’s right. But then, if your friends friends also have Facebook, it becomes much more valuable to everything. Same thing goes with facetime right. The reason why I got you know I used to be a Diehard android dude. Now I’m like all icloud everything. It makes life so much easier. You get your mom an iphone. Now you get facetime imessage. It makes life way better.
And so Bitcoin is going to be the same thing as more and more people are going to continue to download Coinbase or Whatevs. And also my optimistic thought is, if Apple doesn’t want to become irrelevant, it’s I’m very certain the next 5 to 10 years. Apple is going to have their own
Bitcoin storage thing in your icloud account. It makes sense right. They have apple pay. They have the apple wallet. Essentially.
apple is the new bank. And so now, when they do like a you know, a 3 device authentication for your bitcoins through your iphone, your ipad and your macbook pro whatevers.
It’s actually it might actually be one of the most safe ways to store your bitcoins.
Also things to think about. If you’re a traditional investor
so there’s this notion called the cost to capital cost to capital that Michael Saylor says a lot. I might be getting this wrong. But
essentially the S. And P. 500 right?
on average, is like 14 to 15% return year over year. Right? So if you’re not making at least 15% or over 15% a year, you’re essentially losing your bleeding money. So real estate gold bonds is kind of a losing bet, right? And so the magnificent 7 which all the big tech stocks 28%, a little bit better, right? But look at Bitcoin. It’s like 62% year over year. And it’s kind of the obvious bet, right?
And even if you think about you know, everyone’s talking about Nvidia Tesla. You know what is right.
I think the reason why the mainstream media they don’t like to talk about micro strategy is that it’s still a little bit too weird and bizarre. And it’s not as buzzworthy as AI, because, okay, people like to think of this like evil Terminator AI, the video going to take over the world and find it right. But nobody is like Bitcoin, like
Bitcoin is not an android walking around 2 feet, taking over the planet right? So people actually don’t like to talk about Bitcoin. And for so long people thought that Bitcoin was a Ponzi scheme right. No one ever thought that AI was a Ponzi scheme. So the video always catches the headlines. But look at microstrates, look at the best performing stock on the human unit in the human universe
over 3 x. That of Nvidia, which is already impressive, and Nvidia is already destroying Tesla by a massive margin as well. Right? So
I mean? That’s that’s pretty obvious, right?
Even Donald Trump watches a Nashville presentation. He quotes Michael Saylor directly, says, Never sell your Bitcoin. Apparently Eric Trump, the son of Donald Trump has known Michael Saylor for 20 years. I’m not sure if that’s true or not, but if that’s the case.
I’m like a hundred percent certain that. You know, Michael Saylor essentially has the left ear of Donald Trump.
And yeah, it’s it’s a it’s a very good thing.
So if you want to plug and create your own models. Google, the Bitcoin, 24 model. It’s on Github
plug in your own assumptions.
And this is the big thing that I have my eyes set on. So currently, you know, it’s December right? And everyone’s waiting for the trump to get into the office January 20.th So this is a tricky thing. So I used to be Super Anti Donald Trump, right? Because I could care less about politics and stuff like that right? And
but
one Donald Trump became super super pro bitcoin. I started to listen and start watching all his interviews and looking like honestly the you know, I’m from the Bay Area like Liberal Democrat, my whole life right? And actually, I kind of realized, wow, the the left leaning media is kind of the they’re kind of the evil ones here. And Donald Trump, he seems actually kind of like a cool, nice nice nice guy, right?
And the big thought is.
there’s no, there’s not going to be a World war 3. What is right? And Bitcoin, under the trump administration is gonna explode, and it’s gonna be the
the greatest 4 years of prosperity of all time, and this once again coming from like a super left leaning liberal. So this is a good thought so. Anyways. Let us say, you know.
America leads the charge in the crypto Bitcoin revolution. Right? And yeah, I think
assuming that America really wants to control the future. I think the America purchasing 6 million bitcoins is not fully out of this this planet. Right?
So some thoughts on building personal family wealth.
So the reason why I think this is kind of a big deal is that
everyone wants to build wealth right. Everyone wants to be intelligent with their investing. It doesn’t matter if you’re a nonprofit, a charity, a church, Mother Teresa, like every single organization, will always need money. Capital. If you have an endowment, you know, for Harvard, Yale, Princeton, Stanford Brown University. Whatever even the Uc. Is right, everyone needs money and capital right.
and I don’t like to think too much about the macro, because I’m not an institutional investor. I just think about myself, my family, my best friends, my squad. Right? So the goal is building personal family wealth and how to intelligently invest. So a lot of people talk about timings. Oh, when should I buy Bitcoin? Should I time it the high. Then people take out these charts and these candlesticks, which is all just witchcraft and pseudoscience don’t follow any of that.
Essentially the thought is.
anytime is a good time to buy Bitcoin if it’s high, low, Middle, whatever. We’re going to keep buying the top forever. So recently I bought some more Bitcoin at $100,000. Right then it dipped down to 90,000 to 88,000 hit 103,000 again, and so I’m pretty sure that in 1020 years I’m going to be buying Bitcoin at 1 million, a Bitcoin, 10 million dollars a Bitcoin, 55 million dollars a Bitcoin, whatever is right, and because if you do the simple math, just think at least 4 years ahead, right? So if I could tell you with 100 certainty that Bitcoin is going to be 1.2 million a Bitcoin
in 4 years
as long as you’re buying it for less than a million dollars a coin. You’re going to be in the green like it’s it’s kind of a a good bet, right? And actually, also, ironically, my personal thought is
chasing gains is a good thing, but also it’s it’s a good idea to not get quote greedy in the sense of maximizing your gains. So so, for example, right like, what’s the difference between getting a 38% yield and a 32% yield like the the difference is nominal. Don’t don’t worry so much about maximization, because even a lot of what I thought my trades were bad
2 years ago ended up being right. So as investors, we have to think at least 410-20-3040 years ahead of us. So don’t worry so much about the the short term
so practical and pragmatic investing strategies right? So once again, so if I had a simple blueprint, so
some some simple thoughts.
there’s lots of different blends. You could do this, you could. You could be super simple. Just 100 to Bitcoin, buy it on Coinbase what is right, and just keep stacking forever.
100 legitimate. That’s the Bitcoin Maximus opposed the triple, triple Maxi, the triple Maximalist approach. If you just need to pay the bills whatever, and still stack the Bitcoins. My personal suggestion is put 80% of your wealth into Bitcoin and 20% of your wealth into micro strategy Mstr stock. And once again. This is this is what you do. So let’s say, for simplicity of math. Let’s say
Let’s say you have a million dollars or a hundred $1,000, or you use whatever kind of a number you want, right? So put 20% that to microstrategy stock whenever it goes up
beyond the principal, sell some of that stock and put that into micro strategies. Sorry. Put that into Bitcoin, and or use that money to just pay your your bills. So once again what I personally did right?
$150,000 working capital into micro strategy Mstr stock. And let’s say, when it goes from worth $150,000 to $160,000. I’ll sell $10,000 worth that stock. That $10,000 gets deposited to my checking account, which is linked to my coinbase. Then I’ll just buy $10,000 worth of bitcoin right? Or, if you need that, $10,000
for living expenses. Let’s say
you need $3,000 to pay your rent. You take $3,000 of that to pay your rent, and you put the other 7% of that into Bitcoin.
also some other definition. What’s the difference between being an investor, a trader versus speculator?
So an investor, we want to be investors. We want to think about (102) 030-4050 years ahead of us. A trader is a bunch of these, like 20 year old. High testosterone degenerates, you know, single, you know, maybe addicted drugs, or whatever right, who just want to like look cool. I made a billion dollars in a month by using all these complicated
statistical models. Blah! Blah! Right? But you don’t. You don’t want to be a trader because essentially it’s
nobody could time the market. Not even God could time the market right. And what a speculator is people who invest in meme coins. So a meme coin is like buying a Dogecoin or shiba Inu, that the reason why these are not you should not do this is that it is extremely dangerous. You’re going to lose all your money, and it requires
a charismatic leader to support it. So Dogecoin, right? Dogecoin is essentially elon musk coin right?
But if one day Elon musk tweets. Ha! Ha! Doge was just a joke all along, right. It’s not worth anything. The value of it will pump it to 0, or if once again. Elon dies in a you know a robo taxi accident. The value of dogecoin is going to go to 0, whereas if Elon Musk dies, you know Bitcoin is going to still keep going up forever. So speculator is meme coins beyond bitcoin us Bitcoiners. We’re we’re investors.
So you know, somebody also asked about, you know, monetary inflation right? So there’s this thing called the M. 2 monetary supply of the the rate rate inflation.
And once again you’re going to have to exceed at least 13% to 15% to
not lose money. So, for example, let us say, you have a billion dollars of us dollars in your checking account. Right? You’re going to be bled to death. Right? So in a year, your 1 billion dollar is going to shrink to 750 million down to 500 million, to 350 million. And essentially, you’re going to get a point where your money is worthless.
And already we see this right now. So currently, the price of real estate, single family homes is exploding. But this is my critical view. How much of that is that the value of a single family house is higher versus our Us. Dollars are just simply worthless. Right? So if you just do the same simple maths, right?
So let us say that. You know, minimum wage goes from $15 an hour to $20 an hour overnight for Mcdonald’s worker. Right? That means instantly. You see, 25% inflation. So your 1 million dollars in the bank is now worth only 750
$1,000. So yeah, once again. The real real rich people. They store less than 1% of their wealth in
Us. Dollars in their checking account like, you’re not gonna have Jeff Bezos bragging to other people that he has 10 billion dollars of us dollars in their checking account. No, it’s it’s all going to be in you know, stocks, or, you know, real estate. And actually, ideally, Bitcoin. Cyber cyber capital.
So yeah, that’s that’s essentially the the end of my presentation.

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Introduction to Bitcoin Transcript

Eric Kim: All right, we’ll get the party starting all right.
Eric Kim: Hopefully, everything is hearing.
Eric Kim: and yeah, thanks for tuning. All right, we’re gonna start all right.
Eric Kim: So the Bitcoin revolution, the revolution will be televised. Eric, him right? So, starting off.
Eric Kim: you know, what is Bitcoin? Why does it matter?
Eric Kim: So I think the 1st important critical thing is trying to consider and think you know what is Bitcoin we’ve all heard about in the news we heard about Bitcoin as being a Ponzi scheme, a pyramid scheme. And honestly, my mom has gone through her fair share of Ponzi schemes like she she got suckered by the whole Amway scam.
Eric Kim: and I think the reason why Bitcoin is so important and critical is, I essentially see at this point. Bitcoin is like the early days of the Internet. So if you go into a time machine and you could tell somebody in the past, okay, you know, in the days before email existed. Right? So okay, once one day, you know, everyone’s gonna have a supercomputer in their pocket. They’re using it to check all their bank statements. You’re going to be able to use your camera on your phone to scan your you know your checks, your
Eric Kim: your bank account balances. You can use this to send money and messages and videos to everyone on the planet. Instantly everyone would have thought you were crazy.
Eric Kim: and I think one of the biggest misconceptions about Bitcoin. So I think also construct a way to start thinking about. Bitcoin is trying to figure out what Bitcoin is. Not. So my personal opinion is, I do not think that Bitcoin is actually cryptocurrency. I think currency is the Us. Dollar, and I think one of the biggest problems about the whole field of crypto and cryptocurrency is.
Eric Kim: everyone is like a crypto anarchist, which means that they want to see the Us. Government and all the governments on the planet fail, and they can essentially live in peace and silent without interference from the Government. Yet, you know, obviously, at the end of the day, it’s nice to have public streets. It’s nice to not get robbed in the streets. And actually, I think one of the biggest misconceptions about Bitcoin is.
Eric Kim: People think that Bitcoin is trying to replace the Us. Dollar. But my personal thought is, Bitcoin is going to be a supplement to the Us. Dollar. Essentially, I thought this a long time ago that essentially Bitcoin is digital gold to hedge against inflation, which means, as our money, our Us. Dollars, or our euros, or our local currencies become devalued.
Eric Kim: The upside is, our Bitcoin will become more valuable. I think the best analogy that I got was from chairman of microstrategy mstr Michael saylor, essentially thinking that Bitcoin is is not digital currency, but digital
Eric Kim: real estate.
Eric Kim: So I think this analogy is better, because nobody’s on. You know their zillow, you know, 20 times a day, checking their home prices right? And this is my mad. Max Post. Apocalyptic perspective. Is that okay? So imagine the future where there’s, you know, essentially.
Eric Kim: there’s this like nuclear fallout. And you know.
Eric Kim: there’s no inhabitable places anywhere. And let us say, there’s only 21 million single family homes left on the planet for anybody to live. Obviously, sooner or later, you know, people are going to want somewhere to live. And so I think the best analogy, I think, is Bitcoin as digital real estate, which means that with digital real estate.
Eric Kim: You know, a lot of people like, yeah, you know, I want to quickly make money off of Bitcoin. But how do I make money off of it? It’s kind of like the early days of real estate. So if you bought Manhattan in the 16 hundreds, you know, how do you monetize it? And I still think that we’re in the very, very early days of bitcoin and institutional adoption, which means you’re going to start to see New Bitcoin products come out. So some simple thoughts. So we’ve all heard stories of Scumbag
Eric Kim: San Francisco based
Eric Kim: scumbag landlords, you know, charging an arm and a leg for their tenants, and we all hit the landlords, I think with Bitcoin we’ll become the new digital landlords, which means
Eric Kim: effectively,
Eric Kim: we will in the future be able to like rent out our Bitcoin. And you know, let’s say
Eric Kim: Let’s say we have one bitcoin right, and it’s and then I think that the personal math I like to do in my head is thinking that one Bitcoin is equivalent to one single family home. So I currently live in Los Angeles, in Culver City. It’s kind of insane. A single family home. I’ve even seen some in my neighborhood for 4.4 million dollars. The average Median household single family home is around 1.7 million dollars.
Eric Kim: So in my personal mind, where I think Bitcoin is a trillion times more valuable than physical real estate land, because you could always make more of it. It’s not a real scarcity.
Eric Kim: What that then means is.
Eric Kim: I think, my mind the price of a single family home, and the price of a Bitcoin should be piped to another. So in my mind I still think of a Bitcoin at least 1.1
Eric Kim: 1.7 2.1, maybe even 4.4 million dollars a coin. And I think this is a very
Eric Kim: It’s a very fascinating idea, because also, you know, people say, Oh, but Bitcoin is not real. Money is yeah, but like our dead, shiny rocks. Aka. Gold money either, or is fiat currency, you know pieces of paper. You can eat pieces of paper to to live. And I think one of the most interesting things I learned about the philosophy of money is that
Eric Kim: essentially all money is just existing the value of men, and it is all essentially subjective. Now, what makes Bitcoin so fascinating to me is that it’s the 1st time in human existence.
Eric Kim: All 100 trillion years we’ve been existing. Whatever is that? You had a hard cap supply of money. So, for example.
Eric Kim: people often talk about gold, right? So the issue with gold is at the time it was the least bad form of money, because it was very, very scarce. It was difficult to find. It’s difficult to mine transport. Yet there was lots of good properties of gold. It’s, you know, essentially it kind of lasts forever. Aesthetically, it looks beautiful, the nice yellow color of gold mimics that of the sun, and you know, at least back in the day, let’s say you had gold coins it could easily fit in your front pocket whatevers.
Eric Kim: But now things become a lot more difficult because we’re living in the 21st century, the 20 second century on young, you know, we would have flying car drone robo taxi, self driving car waymos. It’s like, Why are we still using an antiquated digital framework of modern day banking swift code accounts. If you’ve ever tried to send money,
Eric Kim: you know, from the Netherlands to South Korea, to Nigeria, to Lagos whatever you find that the the whole swift system is kind of like a bunch of gangster mafiosas like even my mom is currently living in South Korea. And if I would just need to send her like any sort of small amount of monies, right? It’s like crazy. It’s like, why does it. Take 3 or 4 days. Cost like me, 55 bucks, and it’s like this should be done instantly. So I think it’s a big big big revolution.
Eric Kim: So why does Bitcoin matter? It’s kind of like asking somebody why does clean water matter so
Eric Kim: one of the things I love about Michael Saylor, and I highly recommend watching all of his videos. Sailor. It’s essentially Twitter or X at Sailor or michael.com.
Eric Kim: and he uses this analogy of sewer water. So let us say, every all 8 billion people on the planet are all drinking sewer water, and people are dying of dysentery, and people are saying, I don’t get it, you know I exercise, you know. I
Eric Kim: you know I eat healthy exercise every day, but I’m still dying of dysentery. My kids are dying of dysentery, and so the whole issue is that if you’re drinking sewer water, no matter how healthy your lifestyle is, how virtuous you is. It don’t matter. You’re going to be, you know, dying of dysentery, or perpetually sick.
Eric Kim: And so, if we think about these physiological terms, and apply it to Bitcoin and money and digital capital. This becomes really fascinating because my personal thought and you know, also, I grew up in a family of poverty, poverty, meaning that I thought I was going to be homeless at least 2 or 3 times.
Eric Kim: Dad perpetually addicted to gambling with away the rent monies, and so the whole the whole ethos. I had a kid ever since I was 15. Okay, I’m going to take every single penny. I can immediately go out buying some new sneakers, you know, buy some cool clothes, and I literally had $0 in my bank account.
Eric Kim: and so I think the pernicious, vicious cycle of inflation is.
Eric Kim: you cannot blame people for not saving up capital for their future if the money itself is deflating at such a rapid pace, and so I personally think that you know Bitcoin is like giving every single person on the planet like unlimited free Fiji water, or the best alkaline hipster. Whatever water you want. Essentially giving people clean water. And
Eric Kim: a lot of people say, Yeah, but Bitcoin is not real money. It’s a okay. So I think this is a big this is a big shift for me also, personally.
Eric Kim: my personal thought is, Bitcoin is actually more important than
Eric Kim: like, okay, so my personal thought. This is all just my personal thoughts right?
Eric Kim: So we should not think about money. We should think about capital. I think capital is a lot more
Eric Kim: robust and strong as a concept. So, for example, capital comes from Cap CAP. Like upon your head. K-ap. Essentially it came from the head of oxen. So if you read the Iliad, the Odyssey essentially, every time you want to appease the gods, you have to sacrifice a hectacomb, Hecta means 100 a hundred head of oxen to appease the gods.
Eric Kim: And you know, obviously, that’s very expensive, like, can you imagine, if you know you sacrificed a hundred Lamborghinis to appease the gods, it would be quite expensive endeavor. Right?
Eric Kim: And so, capital. We all live under. Capitalism doesn’t matter. If you’re living in Europe, Africa, Asia, America, China, and also one thing that people don’t understand is, I think, what a lot of these people, maybe 4 or 5 years ago, China is going to take over. China’s not going to take over. It’s like China is dependent on America, and effectively, the Chinese Yuan. The cny is essentially effectively pegged to the Us. Dollar and the Us. Is essentially the world. Reserve currency
Eric Kim: and
Eric Kim: capital is what we seek, not money. Money, you know. Use money, like, you know. I’ll get into this little detail a little bit further. But talking about currency, so currency is like, you know, buying a Starbucks Frappuccino, or buying a in and out Burger. Right? That’s like money currency, right?
Eric Kim: Capital is essentially long storm, long term, store of value. So it’s building generational wealth. So one of my favorite songs from Kanye West is the off the grid songs that we off the grid grid grid this for my kid, kids, for when my kids, kids have kids.
Eric Kim: And I think this is also the big thing is a lot of millennials. Nowadays.
Eric Kim: I think the disincentive to have kids is
Eric Kim: people. You know, there’s so much fear mongering about the the future is gonna become, you know.
Eric Kim: boil the seas or whatever. So there’s not going to be a future. So essentially, there’s a strong sense of pessimism. But Bitcoin, to me is like solidified optimism, which means that the future is going to be glorious and great. And you know, even having Seneca right now, think about his future kids, kids, kids, or my future kids, kids, kids.
Eric Kim: It brings me so much joy. Because the simple strategy, you just keep stacking Bitcoin until you die, and then you hand it on to your kids. Your kids give it to their kids kids. It’s like, if you owned, you know, a hundred penthouses or 10 square blocks or 20 square blocks in Manhattan, on the main island. Do you ever sell that to buy a Lamborghini? No, you! That’s
Eric Kim: that’s not what one does, or liquefy it all into us dollars and brag about. How many billions of dollars you have in your bank account. Nope, that’s not the goal
Eric Kim: you want to build capital. And traditionally it’s been real estate. But once again, real estate was a good idea. In the 16 hundreds, 17 hundreds, 18 hundreds, 19 hundreds, 22 thousands. The subprime mortgage meltdown proved that, you know. Maybe it’s not always the best idea. And I think the hard thing is, people say, Yeah, but you know, real estate, you know, essentially, everyone needs somewhere to live, and it’s a
Eric Kim: historically, the value of real estate is always going to go up forever. Now people say that the tricky thing is the pace of monetary inflation is around 15%. The best thing is to either chat Gpt or Google. The M. 2 money supplies. And essentially what you will find is
Eric Kim: them to money supply is essentially a metric in which the Us. Government, or any other government on the planet, includes the euro and stuff. They keep printing more currency. And the reason why then this becomes an issue is that you have more currency in the system that means the individual value of each unit is going to go down. And actually the thing that I call this the in and out Burger. Not in and out, Burger the
Eric Kim: the shake Shack Burger incident. So me and Seneca we used to always buy a single burger, Patty, for a dollar 51 day we pop up. They say it’s 2 50, a burger. Patty, we’re like, we. What this makes no sense is like, yeah, we just increased the minimum wage to $20 an hour increase our wage. $20 an hour for fast food, and the hard thing is with
Eric Kim: minimum wage. You cannot rewind the
Eric Kim: the the hands of time. If you suddenly said that the minimum wage is only $70 an hour, there will be rights. The streets would not be not be good.
Eric Kim: so we’re all photographers, you know, street photographers, whatever. And the hard thing with digital is in our minds, digital is infinite and free. So, for example, I could take a copy of Mozart’s 5th Symphony, or whatever, as Mp. 3, file, and I could copy and distribute it a trillion times with 0 marginal costing right? And so this is where the notion of cyber becomes more interesting. And I’ll think about like, you know, cyber punk thinking about cyber truck.
Eric Kim: It’s
Eric Kim: essentially once again, mathematically, cryptographically, that the hard science and the hard math is there can never be more than 1. 21 million coins
Eric Kim: in existence come up forever. Even if you took all the quantum ultra computers on the planet, times it by 20, you still could not produce more bitcoins. It’s just not how it works right?
Eric Kim: And so
Eric Kim: I think there’s different ways. You can think about it right? So you could think about like I also could. Another fun analogy I think about is that let’s say one Bitcoin is like one cyberox, and it’s immortable, immortal, indestructible. It’ll give you life forever right. And there’s only gonna be 21 million of them in the futures. And now and so this is your chance to get one for an extreme discount. Even if I could tell you right. So once again, the single family home analogy, let’s say.
Eric Kim: let’s even say let’s say you want to buy a single family home. Let’s say it costs a million euros or whatever. Right? So if I could tell you today that you could buy a single family home for only a hundred $1,000 or a hundred €1,000 you’d be like, Wow, that’s that’s the deal of a century. That’s you’re still getting a 90% discount. And my personal thought is.
Eric Kim: Bitcoin is far more valuable than digital real estate, because in the next 2030 years, when essentially all the all the baby boomers. The Gen. Xers die off, and it’s the millennials and Gen. Z’s. And, alphas! That take over everyone’s going to not really care about physical real estate no more. It’ll be digital cyber real estate, which is Bitcoin.
Eric Kim: So my personal story, how did I get into Bitcoin? So it might seem a little bit random. It’s like, Okay, Eric, you’re super famous for photography, street photography like, how do you get to Bitcoin like? It’s like, so random, right? But actually, it’s not very random at all, because, you know, if you’ve been following me carefully, you know the whole time, I’ve always been talking about living minimalistically, frugally, Spartan lifestyle, whatever’s. And you know now that you know I’m pretty stacked with a bitcoin and microstrategy stock mstr.
Eric Kim: Funny enough, I’ve personally found that my lifestyle habits haven’t changed much, I mean, I’m a little bit more generous, maybe, like, you know, took out a friend last night to all you eat cream, barbecued
Eric Kim: paid for her bill didn’t really even flinch. And so my personal thought with Bitcoin is, I personally wanted monetary freedom, and so long story short, so I’ll never forget this moment. So I’m born 1988. Went to Uc. As undergrad my roommate at the time, Kevin. It’s our junior here’s on Reddit, and I’ll never forget we’re in our studio apartment. I think I was distracted. I was doing something else. He was like Eric, you know. He’s on some subreddit, and he’s like.
Eric Kim: Oh, Eric, this thing called Bitcoin, and you just bought a bitcoin like I bought 2 domino’s pizzas for like 10,000 bitcoins. We should just get like a hundred bucks worth of it, and just see what happened. I’m like, sounds like a scam and disregarded it, and I did the math. Now, if me and Kevin and my roommate Kevin, just bought a hundred bitcoins at the time
Eric Kim: for funsies, right? And I had a hundred bucks right? We would each be worth at least 1.2 billion dollars. Today, I’m like, man. This was like the worst mistake of my life, right? But everything has happened as it should have happened. You know. Maybe if I had become a billionaire I’d just become some degenerate, you know. Cocaine addict on some beach somewhere in in Hawaii, and then Seneca would never been born. I would have never done my photography, world travels, whatevers, and my then next reintroduction to Bitcoin was
Eric Kim: kind of more recently when moving to La. The cost of living is so expensive, and you know every I don’t know a single person who doesn’t want financial freedom. A long story short, I 1st heard about Bitcoin again, kind of earlier than when I was living in Vietnam around 2017, 2018,
Eric Kim: and at the time I didn’t really need Bitcoin, because our living expenses were so cheap. It was 320 bucks a month for a brand new studio apartment, fully furnished up, lighting in the jazz right? And even at the time, passively, the income we’re making. Let’s say it’s a thousand $2,000 a month. Let’s say it’s not even that much right, but like our whole total expenses, living expenses like maybe 6 700 bucks a month, so I had the epiphany I’m like, I’m never going to run out of money. So already, at the age of 26 in my mind, I mentally retired right
Eric Kim: and just more for funsies. I met this guy named Bing in in Singapore. Heard about this thing called Digibyte. Dgb, I don’t even think they’re around anymore. But at the time I’m like, Okay, I want to buy some bitcoins, buy some digibyte. How do I do this? And at the time Coinbase seemed like the best option, because it was the simplest, most minimalist to me it looked like the paypal for for Bitcoin and cryptocurrency. I’m either school bought about $25,000 worth of bitcoin, which, and Bitcoin was only about
Eric Kim: $7,000, $6,999 a bitcoin. So 7 k, so I bought about what? 3 and a half bitcoins at the time. For $25,000. Put some of that into digibyte, held a bitcoin or 2, and essentially saw the waves and the crashes and the doge coins and stuff like that. And essentially, I just kind of woke up to my guts and found out that Bitcoin was a real deal.
Eric Kim: I think I think you know. Also, some strange analogies is to me Bitcoin is almost like a new
Eric Kim: World economic religion, I mean, people who follow Bitcoin are like fanatic. They’re zealous about it. They follow Michael Saylor like his.
Eric Kim: you know the profit. You know the next profit of Bitcoin right? And it’s always good to invest in religions right to invest in religions, to invest in cults like the cult of Tesla, Elon, musk apple, Steve Jobs. Whatevs, right?
Eric Kim: So essentially and then, more. Now, like, you know. Obviously, I have financial independence now, and the only reason I’m teaching this workshop or sharing this information is, I almost feel like it’s my ethical imperative like. Once again, if you could have discovered Internet in the early days, or clean drinking water, I would feel that it would almost be a disservice if I did not share this information with others.
Eric Kim: So everyone’s always about like, okay, so what is the Bitcoin gonna be worth? So there’s the open source model. Michael Saylor, I think, helped create it. It’s called the Bitcoin 21 model, I think. Right?
Eric Kim: So 21 years from now his base case is that Bitcoin is going to be 13 million of Bitcoin bear case, 3 million a Bitcoin. The bull case is 49 million a Bitcoin, and no, this was in 2024 in July before Trump was announced as President, and he is ultra super pro crypto and bitcoin and also worth
Eric Kim: following, is his son Eric Trump, ironically. His name is also Eric also the funny thing. There’s a bunch of Eric’s actually in the world of Bitcoin, Eric Kim Eric Semler, a similar scientific, this other Etf guy who works for Bloomberg. His name is Eric Balconus, or something like that. And Eric Trump.
Eric Kim: And
Eric Kim: essentially, we have an all Republican trump, pro bitcoin pro crypto, President and Cabinet, whatever right? And so these were all written by Michael Saylor’s predictions before we had the most pro bitcoin
Eric Kim: government of all time. So all these numbers, I think, should be inflated. So my personal thought is, I think, for the next 4 years. Once Trump takes office, January 20, th 2025. I think this will be the craziest, best Bitcoin Bull Run of all time the next 4 years. So currently, Bitcoin’s been going up around 60% to 62% arr annual rate of return. And I think
Eric Kim: once Trump takes office, and I’m pretty sure he’s gonna buy the 1 million Bitcoins, or whatever for the strategic American Reserve.
Eric Kim: And also I think Eric Trump, his son, is committed to having Bitcoin be at least a million in Bitcoin.
Eric Kim: So let’s see. So my personal prediction, right? So I think Bitcoin will grow by at least 120% arr over the next 4 years. So let’s say, Bitcoin is worth around $100,000 right now. So by next year, let’s say it’s 250,000 the year after that, let’s say it’s 750,000, let’s say the year after that it’s like 1.2 million. So I think we’re on track to hit a million a bitcoin in 4 years about 10 x gain. So just do the mass from then.
Eric Kim: Now, people are always asking, okay, this, you know, Bitcoin reserve strategy, you know, like, how is? And why is America going to buy the Bitcoins? Right? So we’re essentially out of physical land and real estate. Now we have to go to cyberspace right?
Eric Kim: And it seems kind of silly, like something out of a sci-fi film. But the truth is, they’re currently the war we’re having with China and Russia. It’s it’s not physical war per se. It’s actually cyber war. So cyber security is the big big money maker. Even cyber penetration testing. Right? I think Gmail is trying to get like all these malicious actors tried to attack the Gmail servers like a million times a minute. Something crazy, right?
Eric Kim: And if you look at the history of America, right? So, Manhattan, 1926, the price of Manhattan. It was essentially stolen from the natives. Right? 60 guilders, right Louisiana purchase, you know, to fund Napoleon, California. Also kind of stolen from the the local Mexicans right? And also Alaska right. The the payoff was great, right, and so essentially the Bitcoin Act, the Cynthia Lummis Bill.
Eric Kim: She’s trying to get the States to buy at least a million bitcoins right? And you know even a Michael Saylor is much more aggressive. He’s like no America should at least purchase maybe 5 or 6 million bitcoins, which is 20 to 25% of the whole Bitcoin supply. And all America has to do. It’s a free trade. They just need to sell their gold and then buy Bitcoin. And in a recent interview that I was listening from Saylor.
Eric Kim: super fascinating, is like
Eric Kim: essentially what he said was the super evil genius strategy of selling America, selling her gold reserves and buying Bitcoin is that if that’s the case, comma.
Eric Kim: we demonetize our enemies.
Eric Kim: you know, capital reserves. So then suddenly, the the gold of the Russians, the Chinese, will go to 0, and then everyone’s going to rush into Bitcoin. And if America owns Bitcoin, it’s a good sign for the future. And also another big thing I want to talk about. Why does America have the best economy on the planet.
Eric Kim: So we essentially gave birth to Apple Amazon, Facebook, the magnificent 7 stocks, Netflix. And you know, people talk about China. It’s like. Okay, I don’t know a single rich mainland Chinese oligarch who doesn’t want to send their kids to the States to
Eric Kim: to Harvard or Yale or Princeton, you know, buy a nice house in Palo Alto, the Bay area, or even Vancouver. No rich mainland Chinese person actually wants to be in China, but because of capital controls, they’re kind of stuck. So once there’s going to be a mad rush to Bitcoin. That means that you, your family, your whole squad, is going to prosper now.
Eric Kim: you know, issues. My, my friend Dante had a question about storage. So
Eric Kim: I think the hard thing with storage is okay. So how do you say this?
Eric Kim: I, my, this is my personal philosophy. The reason I do not personally trust cold storage for myself or more of these self custody options is that
Eric Kim: I know that I am very forgetful, and my biggest fear is, let’s say, I forget my passcode, or whatever is right to the Bitcoins. And or let’s say, my kids, kids can forget it right? Then boom like, you’re gonna be out like a hundred 1 million dollars. Right? So that’s that’s not fun, right? And so personally, I think the easiest is to just, you know, store it on the cloud. So, using a trusted custodian, whether it be coinbase. I think fidelity has their own services now.
Eric Kim: And the you know honestly, it seems like Coinbase is probably the best option coinbase.com, or you just download your iphone ipad. Whatever right is that you could also get a link with your biometric apple id data, whether it be face id or thumbprint. Whatevs right? So this way, it just feels much more secure. So
Eric Kim: for me, I would prefer an 80 to 85% optimal thing that is kind of dummy proof rather than take the 100 secure option which, because of user error, I might fail, and something that I personally learned is
Eric Kim: in terms of technology. And all these things in between
Eric Kim: seeking the simplest, most straightforward option
Eric Kim: that is least complicated is often the best solution. And the reason I would be very, very wary of a lot of these people promoting, you know, buying their hardware wallets. Whatever’s right, everyone has a buck to make. Everyone has a bitcoin to make. Everyone wants to make a few satoshis here and there.
Eric Kim: and so they’re trying to fear monger use. Oh, you’re gonna you know, Coinbase going to get hacked. And I’m like, no, I don’t think it is. It’s like, you know, back. It’s like essentially a Us. Government, you know, it’s essentially it’s traded on the the You know the Stock Exchange. It’s a American based company. I would. I would not trust anything outside of the States.
Eric Kim: But yeah, I would say, choose now, obviously, if you’re super, you know.
Eric Kim: quant genius, autistic genius, then do all the cold storage stuff. But if in doubt, just the simplest thing is, coinbase seems to be the best. Okay, so this is kind of my free money hack. So I call this microstrategy, strategy, mstr microstrategy versus bitcoin. And okay, so it’s very, very simple. So this becomes a philosophical debate. To say it short.
Eric Kim: I think the ultimate goal is to own Bitcoin, he or she, or the entities with the owners of the most Bitcoin shall win. And so for me, philosophically, you know, let us say that you could own, you know, 20 bitcoins, or you could own 2 million dollars worth of micro strategy. Mstr. Stock. Right?
Eric Kim: 1020, 30 years from now, right?
Eric Kim: You’re going to actually outperform. You’re actually going to make more money from microstrategy stock than Bitcoin. So Bitcoin, historically, has been 60% to 62% AR annual rate of return micro strategies is almost double that 120 to 1, 25 AR. So if you actually want to maximize your returns. You just buy microstrategy stock mstr and bitcoin. Right? But the issues is, you know. Let us say that Michael Saylor gets shot. He gets killed. He
Eric Kim: you know, dies in a Cybertruck, whatever. Right? Then, it’s probably not going to be the world’s best future for microstrategy. So it’s actually much more risky. So if you want the least risky option, it’s just put all your money into Bitcoin right? And some millennial living strategies. Right? So the the simplest strategy I have. I call it the Spartan strategy. This is why I personally follow. Is you essentially try to live as minimally and frugally and sparse as you can, and just put literally 90% of your income into bitcoins right?
Eric Kim: And a free money hack I discovered. So, for example, let’s say you have $150,000 or €150,000. Right? And you know I’m not 100 sure how it works. If you’re a European. What is right. But you, you buy micro strategy stocks. So let’s say you buy, you know, 100,000 or $150,000 worth of it right? And Mstr, and you use fidelity, or robinhood, or whatever trading app you have. Right.
Eric Kim: And the strategy is simple. It’s whenever you know. Let us say the base case 150,000.
Eric Kim: Let’s say your microstrategy stock value then goes up to 200,000. Right?
Eric Kim: You sell $50,000 worth of it, and then you just transfer that to your bank account.
Eric Kim: and then your bank account is linked with your coinbase account. Then you just buy the Bitcoin right and rinse and repeat so very, very impressive over the last 3 months, I started with initial seed capital of around $150,000 in microstrategy stock
Eric Kim: off of that $150,000 right? And I haven’t even touched my principal. I yielded $242,000
Eric Kim: off of that initial 150,000 right? And also for traditional Roth, Roth, Ira retirement accounts. I put everything into microstrategy stock, and it is already like 3 x like, for example.
Eric Kim: My roth, Ira, just kind of randomly was like what $78,000, and then the course of 3 months. It’s like now, it’s like 230,000. It peaked at around 300,000. So it’s going to be a good future. And so the the very simple strategy. So let us say you’re able to get down your living expenses to let’s say
Eric Kim: you know, 5,000 bucks a month or €5,000 a month. Right?
Eric Kim: the point isn’t to just make a bunch of money and just go out and buy the Lambo. The the goal is actually to continue to live for good. If anything live more fully. People who says like, Oh, you know, you want to get rich, don’t care about money or whatever. If you’re a real real greedy, you know money, loving person. Actually, the optimal strategy is.
Eric Kim: you live, you know. You continue driving your old Toyota Prius, and just pour all of your money in Bitcoin, because really the truth is and this is my philosophical thought is, there’s almost nothing worth on the planet purchasing.
Eric Kim: Besides, Bitcoin is my philosophical thought. So and also some e even more super smart economic leverage. Right?
Eric Kim: So instead of paying an arm and a leg for rent in La or New York. Brooklyn, you just move to like Southeast Asia. Right you go. Move to Southeast Asia, live like a king, for like 300 500 bucks a month. Right? You just put all your money to Bitcoins right? So even if you had a modest savings, right, let’s say you had like $200,000, and you had microstrategy stock.
Eric Kim: let’s say every month of the month is rent is due, and the expenses are due right? You just sell a small portion of that stock, and it’s going to go up. So my thought on the next 4 years, micro strategy, assuming it’s around 2 x Bitcoin. I think Bitcoin is going to go up 120% error. I think micro strategy is going to double that 240% error. So just do the masses. At the end of every single month
Eric Kim: you make a small. Your gains go up like crazy right, and let’s say your living expenses are like under a thousand bucks, or if you, if you live in the States, 5,000 bucks, you sell X amount of monies to just support your living expenses, and you just continue to ride your gains. But ultimately my personal thought is whatever excess, money and capital you have just put it onto Bitcoin. So the micro strategy then ends up becoming the engine or the turbocharger or the cash cow. You milk it, and you shave the cream off the top, and then you buy Bitcoin with it.
Eric Kim: So I think the reason why to me Bitcoin is such a fascinating thing, and very exciting, is essentially Bitcoin is digital photography. Peter Diamandis, the ex guy. Right? You know, he talks a lot about kodak film. You know the iphone and disruption.
Eric Kim: So actually, intuitively, as photographers and digital photographers, we should actually understand. You know, this disruptive power about digital photography. So obviously, you have the hipsters with their mustaches and their flannels, you know, talking about the virtues of film photography.
Eric Kim: But the truth is, digital photography is like a quadrillion times better.
Eric Kim: And also currently, in the year 2025, incoming
Eric Kim: digital photography is actually superior to film photography. I mean.
Eric Kim: maybe in the early days of digital sucked right. But now, at this point, digital photography is far superior to any sort of film photography, and the only reason you should film in today’s world
Eric Kim: is either as like a practice to appreciate the joys of photography. So the philosophical approach.
Eric Kim: or you know, you’re trying to be some sort of like, you know, snoppy fine art photographer and overcharge money for your photos. Then you shoot film.
Eric Kim: because honestly, the the fine art market, they’re always going to overvalue film photos over digital photos, because it’s more complicated. It’s more strange, right? So in the art, in the art world, the more complicated, abstruse, and complicated, you can make your art the better. But for us.
Eric Kim: where you care about practical things, yeah, think about Bitcoin. So think about the iphone iphone pro versus your mom’s kodak Browning camera. I think the the thought is obvious. Okay.
Eric Kim: so how to start buying Bitcoin. Very simple. Just download the coinbase app, or you know if you if you don’t want to actually own Bitcoin, you just want to make a ton of money, just buy micro strategy stock Mstr, and use your traditional
Eric Kim: accounts. And I still think that this is the biggest thing is that everyone wants to become a millionaire, right?
Eric Kim: But you know what I think people want to do is
Eric Kim: they don’t want to earn like, okay, okay.
Eric Kim: people want to spend a million dollars.
Eric Kim: They don’t want to actually save and build a million dollars right? And so if you think about, you know, money and
Eric Kim: capital digital capital, I think about like Lego bricks, right? I just went to Legoland. Senecall is great. So let us say that
Eric Kim: each bitcoin, or dollar or 1 million dollars like these. Let’s say these are Lego bricks right? The goal is, you want to build your Lego Tower brick thing as tall as possible. You don’t ever want to
Eric Kim: get rid of your bricks and throw into the trash. That’s essentially what consumerism is. And this is actually another big philosophical thing I discovered is, what’s the difference between capitalism and consumerism. Consumerism is actually the exact opposite of capitalism. Capitalism is about accumulating wealth.
Eric Kim: building your capital and not spend it right. Even one of my favorite Kanye quotes is like why people make money don’t spend it. But I’d rather buy 80 gold chains go ignorant, right ignorant. And so the pernicious thing that happens in a lot of communities, especially poor communities. Right? I’ve seen this happen with my own eyes. Right?
Eric Kim: Happens to Korean people. It happens to everybody, right? Is that you know you live in a crappy apartment in K. Town with 20 other dudes. Yet you drive the brand new Bmw. And you’re not building any sort of generational wealth. Right? And so essentially, yeah, you want to build the capital and not spend it. And essentially, you want to start to intelligently leverage your capital
Eric Kim: to give to your future kids or your descendants, or whatever you want to do. Now, the hardest thing about Bitcoin is stomaching the volatility so volatile, mean. Just it goes up, it goes down, and then, like honestly for most people, it’s going to give them like 5. 100 heart attacks over right now
Eric Kim: I think of a Bitcoin kind of like nuclear energy, so
Eric Kim: nuclear energy in the untamed formed is obviously toxic could cause the next Fukushima whatevers right? But if you have a bunch of smart people, engineers, nuclear physicists working in a controlled manner, right? It’s like the greatest benefit to society, because to humanity, because essentially, you’re giving people free electricity forever. Right? And
Eric Kim: I think my personal thought is the volatility is a future not above. So the reason why Bitcoin goes up and down the sideways so much all the time, and you can have huge swings
Eric Kim: is because you could trade a 24, 7, 365 on the weekends in the evenings. Right?
Eric Kim: It still befuddles me that in the year 2024, 2025 like. Why is it that you know, after 5 pm. You know Eastern time, or on the weekend Saturday, Sunday like, why did they close the market? So what if there’s another Cuban missile crisis. It makes no sense right?
Eric Kim: And also the reason why it’s so volatile is that it’s actually the most
Eric Kim: desirable commodity on the planet. And there’s all these people with these weird Bloomberg machine terminals, whatever they are, always pegging everything to the Bitcoin. So a lot of people ask about ethereum dogecoin webs, right. I think Bitcoin is the only true.
Eric Kim: Everything else is the false prophets. Everything else is the false coins. The immaculate conception of Bitcoin and Satoshi.
Eric Kim: I think this is actually a big deal, because anything that is not Bitcoin, you know, ethereum and the like. They they need some sort of spokesperson, or, you know, individual to prop up the value right, whereas Satoshi, he invented it, he disappeared forever. Now the reason why this is such a big deal is that
Eric Kim: every other crypto thing which is not Bitcoin.
Eric Kim: It does not have a hard cap
Eric Kim: like you could print more ethereums. You could print more. Whatever tokens you cannot print more bitcoins, and that’s that’s the big thought.
Eric Kim: So. Volatility is vitality. Eric Kim. I actually didn’t say that. Sorry. That was actually Michael Saylor. I typed that in wrong. But essentially
Eric Kim: you know, volatility is vitality, and the more volatile the more energy the power you have, the more vitality you have. So once again, people think of volatility as being risk. That is actually not the case. Bitcoin is going to go up forever, but it’s going to be like an extreme roller coaster and go up down, but with extreme swings it’s extreme performance. So
Eric Kim: yeah, volatility is not risk. Volatility is just going up and down a lot, but essentially over a long enough time span. It’s going to go up forever.
Eric Kim: So I borrowed a lot of slides quite liberally from Michael Saylor. Some of these are from his recent Microsoft. Pitch. And yeah, just go. michael.com go to his presentations looking at yourself. So I’ll just make some quick points. So
Eric Kim: essentially, currently, Bitcoin is like a 2 trillion dollar asset class right? And this is also from Jesse Myers once in a species.com. And the reason why this is important is currently you know. Let us say the whole world’s economy is 900 trillion dollars, right? And
Eric Kim: what we have our eyes on is real estate. So real estate is, you know, most people don’t really just use real estate as a place to live right? Otherwise, you just rent. People use it for a long term store of value. So, for example, if you’re a really really rich family from New York City, you own, like 10 square blocks in Manhattan, and, you know, does your descendants sell, you know.
Eric Kim: a square block to buy himself a few Ferraris. No, that that would be a bad strategy. So the the tip I have for any single person trying to build intergenerational wealth. Keep it simple. Only one rule. You don’t sell the Bitcoin. If you face extreme poverty or financial distress, I don’t know. Become an Uber driver or something. Pay the bills, but don’t sell the Bitcoin.
Eric Kim: and currently I think we’re going to see is Bitcoin is just going to take over the gold market, which is 16 trillion dollars, maybe the cars and collectible art market.
Eric Kim: Now, a big thought is this is from Michael Saylor once again, is that
Eric Kim: all these assets on the planet.
Eric Kim: Some of half of it is to provide utility. Right? So, for example, you know.
Eric Kim: let’s say you need you need somewhere to live right? No so that provides utility right? But then, again, some of it is to preserve capital right? And
Eric Kim: as a 36 year old millennial nowadays. The pressures. Oh, you got to buy a single family home today, right? But the the reason I get so sus of people saying you should buy a house is that they’re like, oh, you essentially need somewhere to live. You’ll build capital. Blah! Blah, right? You don’t want to give money to land, but it’s like no, you only need one reason like you would only ever buy a single family house. If let’s say you really like having a backyard and a garage, or what is right. But it’s really not
Eric Kim: a money making thing, because homeownership is like a trillion, times more expensive than you would otherwise think, and as a consequence, with a single family home, even if the price is going up right
Eric Kim: at best, you might be breaking, even if not, you know, slowly bleeding yourself. Because, let’s say, real estate is on average, going up 10% a year, right? The money supply the inflationary. M 2 supply is 15% a year. So you’re actually kind of losing money.
Eric Kim: So the big thought is once again, you know.
Eric Kim: the optimistic thought is eventually all these long term sort of things are going to become digital capital. I still think about this, the Warren Buffett. They’re all gonna die. And then, when we, you know, take the take the mantle. What’s gonna happen the next 20 years, even if you’re 80 years old right now? 81 years old. Shout out.
Eric Kim: You know, I think I’m optimistic. We could live to be 100 20. So yeah, this is definitely the next wave. You’re not going to want to miss right? And you know, currently a lot of millennials. People like everyone wants to buy the Lambo or the Ferrari.
Eric Kim: You’re you’re going to lose the value of it in about 3 years. You want to live forever.
Eric Kim: So these are some kind of conservative growth estimates, according to Michael Saylor’s Bitcoin 24 model. So in about 21 years, and this was still pretty conservative. Right? Bitcoin is going to become a 280 trillion dollar, you know thing right? So going from 2 trillion to 200 trillion, so at least 10 x. So you’re conservatively, you’re going to see your money at least 10 x in 21 years, which is pretty cool. Right? It’s not going to take over all these other things. It might, but it might not.
Eric Kim: Now people always ask.
Eric Kim: what is Bitcoin backed by? So I did the maths right and based on what other people say, too essentially the Bitcoin network. If you took all the apple Amazon aws servers, Meta.
Eric Kim: combine them all times 20, you could still not hack the Bitcoin network in in terms of the raw power that goes into powering. Think about like 20 nuclear power reactors powering the thing right? And also people don’t understand is there’s already been 850 billion dollars of quote, real money investment thing follow Blackrock. They just recently recommended most of their
Eric Kim: you know, owners to allocate at least 2% of their portfolio into Bitcoin, which is kind of a big deal. Look about what Larry Fink says. Blackrock is like what they own. What 40 trillion dollars of assets around the planet. They’re they’re kind of a big deal. And also it’s a network effect. So you remember, in the early days of Facebook. It was only it was only university students with the Edu address were allowed to join in. Then they opened up to everybody, and the network effect of Facebook is that
Eric Kim: if you have Facebook and I have Facebook, then Facebook instantly becomes more valuable to both of us, because I can now share my photos with you, whatever’s right. But then, if your friends friends also have Facebook, it becomes much more valuable to everything. Same thing goes with facetime right. The reason why I got you know I used to be a Diehard android dude. Now I’m like all icloud everything. It makes life so much easier. You get your mom an iphone. Now you get facetime imessage. It makes life way better.
Eric Kim: And so Bitcoin is going to be the same thing as more and more people are going to continue to download Coinbase or Whatevs. And also my optimistic thought is, if Apple doesn’t want to become irrelevant, it’s I’m very certain the next 5 to 10 years. Apple is going to have their own
Eric Kim: Bitcoin storage thing in your icloud account. It makes sense right. They have apple pay. They have the apple wallet. Essentially.
Eric Kim: apple is the new bank. And so now, when they do like a you know, a 3 device authentication for your bitcoins through your iphone, your ipad and your macbook pro whatevers.
Eric Kim: It’s actually it might actually be one of the most safe ways to store your bitcoins.
Eric Kim: Also things to think about. If you’re a traditional investor
Eric Kim: so there’s this notion called the cost to capital cost to capital that Michael Saylor says a lot. I might be getting this wrong. But
Eric Kim: essentially the S. And P. 500 right?
Eric Kim: on average, is like 14 to 15% return year over year. Right? So if you’re not making at least 15% or over 15% a year, you’re essentially losing your bleeding money. So real estate gold bonds is kind of a losing bet, right? And so the magnificent 7 which all the big tech stocks 28%, a little bit better, right? But look at Bitcoin. It’s like 62% year over year. And it’s kind of the obvious bet, right?
Eric Kim: And even if you think about you know, everyone’s talking about Nvidia Tesla. You know what is right.
Eric Kim: I think the reason why the mainstream media they don’t like to talk about micro strategy is that it’s still a little bit too weird and bizarre. And it’s not as buzzworthy as AI, because, okay, people like to think of this like evil Terminator AI, the video going to take over the world and find it right. But nobody is like Bitcoin, like
Eric Kim: Bitcoin is not an android walking around 2 feet, taking over the planet right? So people actually don’t like to talk about Bitcoin. And for so long people thought that Bitcoin was a Ponzi scheme right. No one ever thought that AI was a Ponzi scheme. So the video always catches the headlines. But look at microstrates, look at the best performing stock on the human unit in the human universe
Eric Kim: over 3 x. That of Nvidia, which is already impressive, and Nvidia is already destroying Tesla by a massive margin as well. Right? So
Eric Kim: I mean? That’s that’s pretty obvious, right?
Eric Kim: Even Donald Trump watches a Nashville presentation. He quotes Michael Saylor directly, says, Never sell your Bitcoin. Apparently Eric Trump, the son of Donald Trump has known Michael Saylor for 20 years. I’m not sure if that’s true or not, but if that’s the case.
Eric Kim: I’m like a hundred percent certain that. You know, Michael Saylor essentially has the left ear of Donald Trump.
Eric Kim: And yeah, it’s it’s a it’s a very good thing.
Eric Kim: So if you want to plug and create your own models. Google, the Bitcoin, 24 model. It’s on Github
Eric Kim: plug in your own assumptions.
Eric Kim: And this is the big thing that I have my eyes set on. So currently, you know, it’s December right? And everyone’s waiting for the trump to get into the office January 20.th So this is a tricky thing. So I used to be Super Anti Donald Trump, right? Because I could care less about politics and stuff like that right? And
Eric Kim: but
Eric Kim: one Donald Trump became super super pro bitcoin. I started to listen and start watching all his interviews and looking like honestly the you know, I’m from the Bay Area like Liberal Democrat, my whole life right? And actually, I kind of realized, wow, the the left leaning media is kind of the they’re kind of the evil ones here. And Donald Trump, he seems actually kind of like a cool, nice nice nice guy, right?
Eric Kim: And the big thought is.
Eric Kim: there’s no, there’s not going to be a World war 3. What is right? And Bitcoin, under the trump administration is gonna explode, and it’s gonna be the
Eric Kim: the greatest 4 years of prosperity of all time, and this once again coming from like a super left leaning liberal. So this is a good thought so. Anyways. Let us say, you know.
Eric Kim: America leads the charge in the crypto Bitcoin revolution. Right? And yeah, I think
Eric Kim: assuming that America really wants to control the future. I think the America purchasing 6 million bitcoins is not fully out of this this planet. Right?
Eric Kim: So some thoughts on building personal family wealth.
Eric Kim: So the reason why I think this is kind of a big deal is that
Eric Kim: everyone wants to build wealth right. Everyone wants to be intelligent with their investing. It doesn’t matter if you’re a nonprofit, a charity, a church, Mother Teresa, like every single organization, will always need money. Capital. If you have an endowment, you know, for Harvard, Yale, Princeton, Stanford Brown University. Whatever even the Uc. Is right, everyone needs money and capital right.
Eric Kim: and I don’t like to think too much about the macro, because I’m not an institutional investor. I just think about myself, my family, my best friends, my squad. Right? So the goal is building personal family wealth and how to intelligently invest. So a lot of people talk about timings. Oh, when should I buy Bitcoin? Should I time it the high. Then people take out these charts and these candlesticks, which is all just witchcraft and pseudoscience don’t follow any of that.
Eric Kim: Essentially the thought is.
Eric Kim: anytime is a good time to buy Bitcoin if it’s high, low, Middle, whatever. We’re going to keep buying the top forever. So recently I bought some more Bitcoin at $100,000. Right then it dipped down to 90,000 to 88,000 hit 103,000 again, and so I’m pretty sure that in 1020 years I’m going to be buying Bitcoin at 1 million, a Bitcoin, 10 million dollars a Bitcoin, 55 million dollars a Bitcoin, whatever is right, and because if you do the simple math, just think at least 4 years ahead, right? So if I could tell you with 100 certainty that Bitcoin is going to be 1.2 million a Bitcoin
Eric Kim: in 4 years
Eric Kim: as long as you’re buying it for less than a million dollars a coin. You’re going to be in the green like it’s it’s kind of a a good bet, right? And actually, also, ironically, my personal thought is
Eric Kim: chasing gains is a good thing, but also it’s it’s a good idea to not get quote greedy in the sense of maximizing your gains. So so, for example, right like, what’s the difference between getting a 38% yield and a 32% yield like the the difference is nominal. Don’t don’t worry so much about maximization, because even a lot of what I thought my trades were bad
Eric Kim: 2 years ago ended up being right. So as investors, we have to think at least 410-20-3040 years ahead of us. So don’t worry so much about the the short term
Eric Kim: so practical and pragmatic investing strategies right? So once again, so if I had a simple blueprint, so
Eric Kim: some some simple thoughts.
Eric Kim: there’s lots of different blends. You could do this, you could. You could be super simple. Just 100 to Bitcoin, buy it on Coinbase what is right, and just keep stacking forever.
Eric Kim: 100 legitimate. That’s the Bitcoin Maximus opposed the triple, triple Maxi, the triple Maximalist approach. If you just need to pay the bills whatever, and still stack the Bitcoins. My personal suggestion is put 80% of your wealth into Bitcoin and 20% of your wealth into micro strategy Mstr stock. And once again. This is this is what you do. So let’s say, for simplicity of math. Let’s say
Eric Kim: Let’s say you have a million dollars or a hundred $1,000, or you use whatever kind of a number you want, right? So put 20% that to microstrategy stock whenever it goes up
Eric Kim: beyond the principal, sell some of that stock and put that into micro strategies. Sorry. Put that into Bitcoin, and or use that money to just pay your your bills. So once again what I personally did right?
Eric Kim: $150,000 working capital into micro strategy Mstr stock. And let’s say, when it goes from worth $150,000 to $160,000. I’ll sell $10,000 worth that stock. That $10,000 gets deposited to my checking account, which is linked to my coinbase. Then I’ll just buy $10,000 worth of bitcoin right? Or, if you need that, $10,000
Eric Kim: for living expenses. Let’s say
Eric Kim: you need $3,000 to pay your rent. You take $3,000 of that to pay your rent, and you put the other 7% of that into Bitcoin.
Eric Kim: also some other definition. What’s the difference between being an investor, a trader versus speculator?
Eric Kim: So an investor, we want to be investors. We want to think about (102) 030-4050 years ahead of us. A trader is a bunch of these, like 20 year old. High testosterone degenerates, you know, single, you know, maybe addicted drugs, or whatever right, who just want to like look cool. I made a billion dollars in a month by using all these complicated
Eric Kim: statistical models. Blah! Blah! Right? But you don’t. You don’t want to be a trader because essentially it’s
Eric Kim: nobody could time the market. Not even God could time the market right. And what a speculator is people who invest in meme coins. So a meme coin is like buying a Dogecoin or shiba Inu, that the reason why these are not you should not do this is that it is extremely dangerous. You’re going to lose all your money, and it requires
Eric Kim: a charismatic leader to support it. So Dogecoin, right? Dogecoin is essentially elon musk coin right?
Eric Kim: But if one day Elon musk tweets. Ha! Ha! Doge was just a joke all along, right. It’s not worth anything. The value of it will pump it to 0, or if once again. Elon dies in a you know a robo taxi accident. The value of dogecoin is going to go to 0, whereas if Elon Musk dies, you know Bitcoin is going to still keep going up forever. So speculator is meme coins beyond bitcoin us Bitcoiners. We’re we’re investors.
Eric Kim: So you know, somebody also asked about, you know, monetary inflation right? So there’s this thing called the M. 2 monetary supply of the the rate rate inflation.
Eric Kim: And once again you’re going to have to exceed at least 13% to 15% to
Eric Kim: not lose money. So, for example, let us say, you have a billion dollars of us dollars in your checking account. Right? You’re going to be bled to death. Right? So in a year, your 1 billion dollar is going to shrink to 750 million down to 500 million, to 350 million. And essentially, you’re going to get a point where your money is worthless.
Eric Kim: And already we see this right now. So currently, the price of real estate, single family homes is exploding. But this is my critical view. How much of that is that the value of a single family house is higher versus our Us. Dollars are just simply worthless. Right? So if you just do the same simple maths, right?
Eric Kim: So let us say that. You know, minimum wage goes from $15 an hour to $20 an hour overnight for Mcdonald’s worker. Right? That means instantly. You see, 25% inflation. So your 1 million dollars in the bank is now worth only 750
Eric Kim: $1,000. So yeah, once again. The real real rich people. They store less than 1% of their wealth in
Eric Kim: Us. Dollars in their checking account like, you’re not gonna have Jeff Bezos bragging to other people that he has 10 billion dollars of us dollars in their checking account. No, it’s it’s all going to be in you know, stocks, or, you know, real estate. And actually, ideally, Bitcoin. Cyber cyber capital.
Eric Kim: So yeah, that’s that’s essentially the the end of my presentation.

We the new Rockefellers! 

ROC nation!

So I guess Jay was really onto something; numbers don’t lie check the scoreboard! And also thinking about building his own Rockefeller ROCAFELLER Rocawear brand. I’m also sure that Michael Saylor is the new Rockefeller for this century and beyond. 

Oil

Oil standard oil. Rockerfeller is stupid rich, became stupid dumb rich because he sent you bought up all the oil, oil companies, oil refineries etc., consolidated them all under his own company, even at Brown University in Providence, the main library is called the rock, Named after Rockefeller I think either donated the money to build the library or something?

Anyways, what is more important than money? Capital. 

I think what a lot of people don’t understand is the logic of capital. A lot of people get stuck in this whole money idea, like Fiat currency.

So for example, I’ve essentially made a small fortune already on bitcoin and microstrategy stock, MSTR, bitcoin and like, and I’m not really gonna be shocked when my net worth hits 100 M, 250 M, maybe even 1.1 billion in my lifetime. But still most likely, I’m going to drive the same old Prius, maybe I’ll matte black it, I actually had a vision of Matt like it kind of making it look like a BMW M3 in the front, with the bright yellow headlights. Like imagine the Prius, competition edition.

Anyways, rappers are dead, we new BITCOINERS, we the new rockstars!

Why?

So once again, it feels like the early days of the Internet. Do you remember the early days of AOL, AWOL 3.0, when they would mail you these free CDs with like 1000 hours of free Internet? And the mad scramble for the Internet, like Alta Vista net zero, yahoo and the like.

The Google of internet capital

My personal thought is do you remember when Google first emerged, and everyone was a bit confused by it, a little Rinky dinky search engine with nothing but the Google logo, a small search box in engine? And suddenly it takes over the planet? 

What I find very very bizarre is all these Google employees… They should get it… Why aren’t they buying bitcoin? 

What is hilarious is that innovation that got Google to where it is today… The paradox of the innovators dilemma; Google is like the new Microsoft, no more innovation here. Rather, a mad scramble to inject advertisements into every single part of your existence. Even for example, I’m starting to really hate Google and YouTube; Too many advertisements, too much spam, I hate Google. 

In fact I have not used Google search for almost like six months, I just use ChatGPT now, ChatGPT search. ChatGPT is a bit problematic too, but not as bad as Google. 

The bitcoin imperative

So once again, if you discovered clean fresh water, and everybody else is drinking sewer water, wouldn’t you do everything in your power to tell your friends your family everybody you know about clean water? And to get them to stop drinking sewer water? Obviously! But what if you’ll hurt their feelings or make them feel uncomfortable? Well I guess you don’t really care about them, you could let them just die of dysentery.

The new Oregon Trail

So once again, everyone is on this Oregon Trail video game, and sooner or later everyone dies of dysentery. And I still will never forget playing Oregon Trail in computer class in Bayside Queens, PS 169, and spending all my money on bullets to just shoot the auction in the squirrels, only need to die of dysentery. 

Anyways, I think we’re almost living our new modern day version of the Oregon Trail, and we are starting to get distracted by things like media the Internet social media iPhones etc.… We are all slowly dying of metaphorical dysentery.

In the Oregon Trail, you have the option to purchase medicine. But medicine seems a bit boring to buy when you could buy bullets instead! 

But once again in the video game, when you least expected in your troop gets sick, and you no longer have any money because you spent it all on blitz… Who are you going to blame?

Of course it is a video game, real life is different. But everything is often just a metaphor for real life. 

4+ years in the game

So technically I’ve been in the bitcoin game since 2017, 2018. When I was living off the grid in Vietnam, in Saigon, I still remember going to my favorite coffee shop, reading zero hedge, and learning about bitcoin, and I still remember the guy who said that he was so certain that bitcoin was gonna go from $300 a bitcoin to 600 bitcoin to 1000 bitcoin, and if he was wrong he would eat his balls live on television.

I first learned about fiat currency then, when I had more time to think and consider and just philosophize about money. I sent you learned that all money was fake, but at the time I did not yet have a strong need or urge or reason to buy bitcoin then because I was already retired at the age of 26, 28. Living for rent was only $320 a month in Vietnam, essentially I knew and learned that I would never run out of money.

Anyways, fast-forward a bit, now living in LA, obviously the cost of living is far higher. So more recently I kind of had more of a need to know and learn. 

if you don’t need it you won’t act

 Most people who are financially already doing well and comfortable, they don’t really have a need to know. For example if you already have a bunch of Tesla stock, real estate or whatever… Then the truth is you don’t really have a strong need to know about bitcoin. Because you don’t really need it in the sense that you’re probably gonna be just fine with your traditional stocks, your Tesla stock your Nvidia stock your real estate whatever.

I think a lot of people are starting to wake up now, especially millennials, Gen Z, and “zillenials” (Soren Zhane told me)

 anyways, I don’t know a single human being on the planet who does not seek some sort of financial independence and or security. Certainly everyone has a different reason but the general guiding principle is that everybody wants freedom for one reason or another. For example, some people just don’t want to work no more, which is 100% almost everybody?

I don’t know any single tech worker who actually wants to be there; there are simply stuck because they are stuck into some sort of stock option plan, or because they have an expensive mortgage, or because they got like their four children in private school whatever.

Or it seems that a lot of people in my friends that I know or around my age born in 1988, plus or minus 4 years, like people who are either 32, 34, 36, 40, 42 years old… Once again, everyone wants independent and wants to retire right now! And it seems that everyone’s plan is trying to securitize some sort of  fixed income strategy, like let us say that your living expenses are like seven to $8000 a month, to have some sort of “passive income“, just sustain your cost-of-living. 

So in terms of fixed income strategies, I think it’s actually super simple, just leverage microstrategy stock! The mantra is don’t sell your bitcoin, but, it is 100% fine to sell your microstrategy stock!

So let us say that you have $1 million of stock, or cash or whatever… It is super super simple: just put 100% at that micro strategy style, and once, every month, end of month, when it is time to pay your rent or whatever, just sell a small portion to pay your rent, if it’s like $3200 a month or something. And then, you just ride the gains forever, and essentially your microstrategy stock will be the cash cow for the rest of your life. 

Why don’t people like simple solutions?

I think somebody is trying to sell you some sort of complicated product. Like all these fake ass money investors, none of which or whom we’re actually successful, they will sell you some sort of strange financial product which is mixed between a bunch of these other fake investments, Stocks bonds ETF’s whatever, and actually… My funny thought is there might be some sort of inherent dangers in diversification. 

For example, let us say that you have cash money. Do you diversify your cash holdings from US dollars to the Nigerian currency, to the Venezuela currency, to North Korean currency, to the Japanese yen, to the Korean Won, to the Boliviar, the British pound, to the Lebanese lira, etc.?

Or, if you’re building a skyscraper, do you diversify the steel into balsa wood and copper? 

Or, let us say that you have a smart phone, most smart people that I know will just own the iPhone, you want to diversify by owning an android phone, a Huawei phone, a Samsung phone, and the like.

Why bitcoin makes sense for Americans

Once again, at this point if you’re an American, almost universally 100% of Americans own an iPhone, even at this point poor people they all own an iPhone Pro. 

So the reason why bitcoin makes sense is that my general sense is that bitcoin is like all American. And certainly the ethos behind bitcoin, a lot of the early cyber hackers, California tech utopists, Hal Finney etc, certainly there is kind of like the cyberpunk, Blade Runner, ghost in the shell vibes here… The early days of bitcoin and crypto is certainly kind of like tech anarchists,,, nobody likes the banks. I don’t even think the bankers like the banks!

---

Nobody is evil

So there’s all these weird theories conspiracy theories whatever, but all these super evil people running the world etc. but this is false. Everybody is too stupid to run the world and be evil. 

For example, no no no it is not George Soros, Elizabeth Warren, Hillary Clinton Bill Gates trying to put 5G chips inside your brain, to sell you vegan meat. No or is it the Jewish conspiracy theory about the media Israel whatever. Everyone is inept. 

Even Kim Jang Hoon, who is like what, 300 pounds at like 5 foot four, maybe 80% body fat, borderline about to have a heart attack, still hooked on like thousands of bottles of fine foreign whiskey, as well as having a glass full of like 1000 armored Maybach cars?

Media has no face

I’m kind of starting to read the principles of economics by Saifedean, and one of the useful ideas is that everyone is like an individual agent, and moves in the best of his or her interest. Everyone is rational in this sense; even people that you think are irrational, rather than trying to seek how they are so dumb compared to you, I think it is actually much more compassionate and wise to try to seek to understand why they think we act this way. Seeking understanding, seeking to understand them is more interesting and important than trying to change them to thinking and become you.

“How dare you not be me!”

In fact in the world where we’re trying to seek distinction, isn’t the actual goal to not to want other people to be like you? 

Also funny thought is that everyone is seeking some sort of superiority, but once again, we’re all buying into the same standard media narratives? 

Unplug yourself

all media is bad, and yes this involves Twitter, X, and the Joe Rogan podcast. 

I think the difficult thing here is that everybody is kind of correct, but at the same time, everyone is a bit strange and bizarre. 

the matrix

So where I think that the matrix is really really insanely great film is that it is all about reality, fake reality and the metaphor in between. 

And this is actually a funny thing that I learned; the truth and reality is not really the goal. 

For example, I think Joe Rogan has uncovered how politics really works, and it is very dirty, and very strange and bizarre. For example I’m recently listening to some of the Marc Andreesen and Joe Rogan podcast in the whole idea of debanking, when Kanye said it everyone thought he was crazy, but when Marc Andreesen says it, everyone listens. 

Anyways, the truth is a bit distracting. And yeah yeah yeah let us say that there are aliens or extraterrestrial beings or whatever… Even if that were true I don’t think it really matters. To me matters more is like our health our physiology our minds, our philosophies, our families, our spouses and kids, our future etc.

The next big big big big thing is already here, it is bitcoin.

 so I room is waiting for the next iPhone the next new Tesla car or whatever, the next hugely innovative product which will totally change and transform our lies. Yet don’t people understand that it is already here, that it has already been here for a minute, bitcoin!

I think the reason why bitcoin is hard to understand, even for us take forward millennials is that it is not a tangible product like having a self driving car or a cyber truck etc. Or like having the newest iPhone Pro. 

Certainly there is a human bias for tangible things tools and assets, yet I think in reality, a better way to think about it is towards intangibles. 

For example, even modern day banking and money it is all already intangible. For example the US dollars in your bank account, ones and zeros, it is already technically all cyber and digital. Even the modern day banking swift system, it is kind of all predicated on computers and data.

For example what is the true hard money out there? It is capital, like capital and real estate, stocks, the S&P index etc., yet what is it backed by? Gold? No. we got off the gold standard a very long time ago. It is based more on mutual understanding trust and the like.

Even the markets, the markets are a beast, an ultra mega beast, nobody can understand it, but yet we all seek it and strive to understand it. 

Forever gains

Once again if we think about digital metaphors digital analogies etc., this is very useful because in a physic space perspective, nothing can grow forever. For example, no man despite all of the steroids on the planet could be become a 900 pound muscular man with a six pack. 

Also, we could build maybe a 200 story skyscraper, but probably not 100,000 story skyscraper. Not even with all the steel on the planet. 

Yet with bitcoin, cyber real estate, cyber capital, this changes the game. 

 for example, I live next to one of the main campuses in Culver City, 8777 Washington. They bought out this huge pit, and they are building a mega campus for Apple TV there, and they have been working on it for like over a year already. They have made very good progress but still… If you’re dealing in the realm of physics, even if they suddenly injected $1 trillion into it, you cannot build it overnight. Even if you took all the capital on the planet to build up that plot of land, it would probably take at least maybe, a few months at best.

But with bitcoin and cyber real estate and digital capital, you can! 

For example, with bitcoin you could build $1 billion digital skyscraper in an hour or a day. Even the best skyscraper in the physical realm might take five years. 

Accelerating the cycle

So the free money hack I’ve discovered is quite simple: buy and hold micro strategy MSTR stock, write it up, and when it is up, sell some stock, and funnel that money back into bitcoin. 

I call it like double profits, double profit double dipping. 

Kind of insane, I’ve seen and taken an initial investment around $300,000 and turned it into close to around $900,000. In the strategy was simple, just 100% putting everything into micro strategy MSTR stock. It’s insane it’s like almost a 3X gain, in a matter of about 3 to 4 months? This is absolutely unheard of. It even outperformed bitcoin by like 3X!

Optimism for the next four years

So my personal heartache is that the next four years, assuming that you’re on the bitcoin standard, 2025 to 2029 will be the most glorious four years of all time. In fact, I believe this could only be the last Trump presidency, but I’m quite sure that the bitcoin act will pass, ERIC will probably purchase at least 1 million bitcoins, ideally more, And America will continue her global monetary and capital dominance.

Already, you’re seeing everyone else shudder and quake in fear. Russia and Putin, they are scared, in mainland China I’m sure they’re also scared.

What this means for you

So super super simple, just put 100% of your wealth and your capital in either or bitcoin and micro strategy stock. 

What’s the difference? Bitcoin is technically the risk free option. And it is also less volatile. 

Micro strategy style, MSTR is higher performance but also higher yield. 

Personally, I think the ultimate game is to stack as many bitcoins during this lifetime to pass down to your kids kids kids. And to me ultimately bitcoin is more important than micro strategies. Because bitcoin is the backbone and the underlying asset which power is everything, including micro strategy. 

For example, bitcoin can exist without microstrategy, microstrategy cannot exist without bitcoin.

The #1 company on the planet 

Michael sailor did it, micro strategy that owns over 400,000 bitcoin, they’re gonna hit 500,000 bitcoins, and soon they’re going to get the mythical Nakamoto, which is the mythical 1 million bitcoins and beyond. I would not be surprised if within our lifetime we see micro strategy obtain at least 2, 3, 4, or 5 million bitcoins. And we will see micro strategy become the number one dominant company on the planet, at least during this lifetime. And you see Michael sailor become the richest man on the planet, at least 10 times richer than Elon Musk.

What does this mean to you? Assuming you put yourself your family on the bitcoin standard, you’re going to be dumb rich, forever. 

Sell the second car, sell the house, sell everything and buy the bitcoin. 

ERIC

---



Question: how many times have I lifted weights? 

Life is all about reps

Arnold Schwarzenegger has this just “that life is about reps, life is about repetitions etc. 

So the way I interpret this statement or line of philosophy isn’t like writing out repetitions for some sense of fake virtuality but rather… To repeat, to practice, to do something multiple times, seems like a good idea. 

So for example, Michael strategy and Michael Saylor has purchased bitcoin a total of 42 times, this is kind of a big deal. If I look back at my own personal purchase history I might have bought bitcoin maybe like a total of 15 or 20 times? 

So the reason why I feel that this is significant is that every single time each and every single time, you’re planning on purchasing bitcoin or doing something, there is intent, focus, effort, having to judge and balance your emotions etc. 

So for example, obviously every single time that you’re going to want to buy bitcoin or whatever, there’s always gonna be some sort of economic calculus, some sort of judging and weighing the price, thinking about timing etc. And all while doing this thinking about the long-term. 

Commitment

It seems that in today’s world we do not like commitment. Maybe the whole reason that people shy away from marriage is that people are afraid of committing? 

“we are in an exclusive relationship”

One very funny trend I see is the whole idea of being polygamist, which means that you are just not in a relationship with one person, but you could be with many. 

Certainly the funny thought is obviously marriage is kind of a sociological construct. But at the same time, Zeus and Hera, maybe I’ll be at they were born of the same thighbone or whatever, were married. They were husband and wife. And of course, even the hilarity of Homer’s prose, they were always quarreling.

In praise of commitment

But, the interesting thought is often times commitment is liberating freeing, and just a lot simpler and more direct.

For example, traditional finance and economic investing theory says that one should always “diversify“, to be committed to just 100% one thing is a foolish errand. But, let us say that on the planet there is clean water and there is sewer water. Why would you diversify to drink sewer water to simply have a “diversified portfolio”, when you know there is one true clean water?

Or let us say religion: would you “diversify” by believing a lot of different religions simply for the sake of diversification?  

Why?

So why do people even diversify in the first place? 

First, a hedge against uncertainty and the future. 

People are afraid, and it seems that a lot of people want to just mitigate risk. Which means they want to lower the chance of themselves from losing money. 

in search of superior yield

So for example, if I could tell you with 100% certainty to you that bitcoin is going to go up, forever, at 60% ARR for the next 100 years, yet there’s going to be big swings, like up swings and down swings which are 30%, would you do it? The rational thing is of course yes. As investors, and capitalists, our prime goal is in search of superior yield. It doesn’t matter how big or low the swings are, we will always want superior yield over the long-term, even though the swings may be drastic?

Or let us say that I can guarantee you 100% boring 10% ARR for the next 100 years, which is technically below the cost of capital which is 15% ARR (the performance of the S&P 500 index), and there will never be any dramatic swings.

Investing philosophy is like life philosophy?

Well let me give you an example… Let us say that I could promise you two lives: both lives you will live to be 100 years old. The first life is a life in which you are given a 100% boring existence, with no major swings up or down. Or let us say I could promise you a life which has extreme swings up and down, but will ultimately yield you 1000 times more interesting fun and joyful life. Which one would you choose? 

I think a lot of people they choose The steady boring life. Why? My personal thought is modern day society, we have been conditioned to be like safe cattle, we want to be safe, played safe because a lot of socialization is about imputing ourselves with fear; I almost wonder if like 99% of marketing is actually fear marketing, to get you to buy some sort of stupid insurance life plan or whatever. 

Seek the most supremely glorious life 

The funny truth is I never felt that bitcoin was risky, it was just kind of a new technology which was not yet mainstream? 

Now that bitcoin has essentially hit 100 K, it’s pretty much mainstream at this point. And this is good because you’re going to start to see the network effects. For example do you remember the early days of Facebook, in which only college students were allowed access to Join Facebook? At the time you were actually required to have a .EDU email address  to sign up for Facebook. But once they opened up the gates, everyone joined in masses.

I wonder if bitcoin is the same, rather than thinking about all these weird crypto anarchists, maybe a more  approachable way you could just think about it is like imagine like bitcoin being the new Facebook, but for digital money and capital.

Or like imagining like bitcoin like the new iPhone, iOS, iMessage and iCloud FaceTime etc.; the general idea is that if you have an iPhone, and I have an iPhone, and we both have FaceTime, this makes both of our lives 1 trillion times easier than if you had a Samsung or android or Google pixel, and I had an iPhone. In fact, I still do believe that FaceTime is the killer app, because of FaceTime, I slowly got the whole family into the iPhone Apple ecosystem. Because I no longer wanted to use stupid KakaoTalk or even worse — google hangouts or Google meet or whatever.

This is also where I believe that maybe in the long run, Google won’t really be around anymore. Why? It seems that the primary issue is google doesn’t really seem to be a sustainable business. The only two things we are really hooked on is Google maps and YouTube, But besides this, now that ChatGPT and ChatGPT search is starting to gobble up the market, I wonder if one day Apple will just get into a partnership with ChatGPT and just replaced the default browser instead with search GPT, this would be a huge risk factor for Google.

Why are we so scared of volatility?

 Where does our fear of volatility come from?

Certainly, it is kind of maybe human nature. Like if you see a big swing up or down, it is kind of an emotional roller coaster: as a consequence, what you must do is steel your nerves. And, if you’re an inexperienced weightlifter or power lifter, or one rep max lifter, then, certainly the fear of attempting awaits that you have never attempted before is always going to be a little bit scary.

Maybe not at the age of 36, I’m in the prime of my life. Why? I’ve been investing in the stock market, with mutual funds and individual stocks ever since I was 15 years old, and now that I’m 36, technically I’ve been in the game for over 20 years. I’m no longer a kid.

I also recall that when I was starting off my street photography journey at the right age of 21, I was a lot more insecure about myself, but now, like a grown ass middle-aged man, I got nothing but 100% confidence and courage and chutzpah on my side.

Why?

Now, it is more like an ethical imperative for me — 

For example, if you discovered the cure for cancer or diabetes or type two diabetes or whatever, wouldn’t you want to share the gospel with everyone you know? 

Or if you found the cure for heart disease heart attack, everything… Wouldn’t you want to share this information with others, even if they did not like it? 

I’ll give an example, I think one of the most important doctors of all time had a very simple idea: wash your hands with soap and sterilize your equipment before delivering a baby. A lot of doctors at the time thought this was absolutely ridiculous, yet this simple suggestion has probably saved millions of lives of babies throughout the years. 

Or another simple idea: before drinking the sewer water, maybe it’s a good idea to boil the water to sanitize it before drinking it. 

Even I think an ancient times, the only reason people drink wine wasn’t to get drunk, in fact back then the mixture of alcohol and wine and water content was actually very very low, which means that the wine was actually not that strong it was quite weak. The only reason they drink wine was the water was infected. And I think even German monks who drank beer, it wasn’t because they wanted to get drunk but if you fermented beer it did not kill you with dysentery with a traditional contaminated sewer water.

Bitcoin is clean water

You know that there’s all these campaigns around the planet like building and clean water wells in Africa and the like?

Bitcoin is kinda like the same thing. If you discovered clean water, wouldn’t you want to share joy with others? 

The best way to be an evangelist

So you don’t want to be one of those Bible thumpers, holding across on third street promenade telling the gay people that they’re going to hell. This is not very effective marketing or PR. 

The best way to get people to convert, etc.… Is much more subtle. It is a soft assault encouragement, a take it or leave it mentality. 

What I also appreciate about being catholic Roman Catholic is that we are not forceful evangelist, at least not in modern times. It’s cool to encourage your friends to go to church with you, but there’s never any pressure. There’s no protestant rock Jesus loving parties or stuff like that. 

Take it or leave it?



So curiosity is that which you care for, yet when it comes to curiosity, it is strangely moralized. 

For example, curiosity killed the cat. 

a world without curiosity is not a world worth living in?

So Elon Musk said he is typically driven by curiosity. Curiosity is the ultimate antifragile trait; the ultimate driving factor.

Curiosity about things and experiences?

I think for myself… My whole life I was always curious about certain states, life states, experiences etc. Even curiosity about wealth; I suddenly became super rich, how would I change and live my life differently?

But now that I am super rich and Walty, it almost happened overnight, granted it was in the making for seven years; I started stacking bitcoin 2018,  getting into bitcoin ever since it was only $7000 a coin.

And now, my enthusiasm has not lit up. In fact, it has simply intensified? 

---

Why rappers make poor role models

Rappers are always talking about money, never capital.

Even the good rappers like Jay Z… They then talk about wealth and generational wealth, but never capital?

Capital?

what people don’t understand about capital, like becoming a great capitalist is that actually, is not about money in the traditional sense.

So for example, my personal thought is money is more about purchasing power, not real economic power.

For example, who has more power, the guy who lives on fifth Avenue and owns like 20 square blocks on the main island, or the person who lives in the suburbs of Long Island or Queens with a big house in the middle of nowhere, and has a lot of US dollars in his bank account? But owns no physical property in Manhattan?

LA

The funny thing about LA is most people are not from LA, nor do they intend on staying in LA etc. And also it is the culture in which it is true; you are your car your car is you.

It is easy to stereotype people based on the car they drive, and how they drive their personality their whole ethos etc.

The only people I trust are people who drive a Toyota Prius; if in fact you were a real economist or capitalist, you would know that the primary goal is to live as ascetic and spartan frugal lifestyle humanly possible, and to just pour all of your money into accumulating your capital.

New Capital

I had a random thought, so Korean people immigrated to America because they called it the beautiful country (Mee-Gguk), (Beautiful Country). They did so to seek greater economic opportunities than stuffy Korea.

it seems that most physical hand is already tapped out, that was a 20th century notion like 100 200 300 years ago… But now that we live in the year 2024 and beyond… The new property is cyber space.

I think the thing that is difficult to understand about cyberspace is that conceptually it seems infinite and unlimited like the Internet, but if we think bitcoin, which is limited 21 million blocks, 21 million coins, 21 million units, then,… Bitcoin or the whole cyber real estate notion is the most valuable thing of them all.

Why? it seems that most people are always looking on places to park their capital and economic work and wealth; they don’t want it to be seized by a bunch of communist, like the poor Vietnamese people who fled Vietnam during the communist takeover, even people who fled from Mao Zedong, or even the poor Lebanese for fleeing from the attacks from Israel.

Trust no Marxist, communist spoon fed kid

If you’re just an American like a typical American who is born here with your American citizenship… And you never had to face peril… You probably don’t really know how much of the world works. It seems that historically much of wealth is seized forcibly from other people, governments, or revolutionary regimes.

Why is it that a lot of these kids who are born with trust funds, or born from wealthy families are the ones who embrace communism Karl Marx and Marxism? Because they are the ones who were never raised with true poverty, — I think for any family that actually had to deal with true oppression, poverty, everyone knows that capitalism is the best system.

Infinite opportunity

Capitalism is not zero sum. Understanding that wealth is just a human made notion, the ability for growth and prosperity is infinite for all.

And this is my personal imperative behind bitcoin; because I personally grew up super poor, always in financial peril, and finally kind of making it in America, I feel like it is almost my ethical duty to give back or at least to share the things I’ve learned along the way.

Any individual family or nation nation state on the bitcoin standard shall prosper. There are no losers on the bitcoin standard, only varying degrees of success.

ERIC

Economics by KIM

1. Money is For Slaves
2. Growth
3. Think Volume
4. Think Payoffs
5. Kaizen Gains
6. Cost to Capital
7. Price vs Value
8. EVERYONE WINS!
9. INVESTING PR’S
10. The Philosophy of Investing
11. ERIC KIM VENTURE CAPITALIST
12. How to FIRE (Financial Independence Retire Early)
13. How to *Save* a Million Dollars
14. Increase Value
15. MAYBE IT IS A GOOD IDEA TO BUY HIGH
16. Banks Are the True Menace to Society
17. THE PROMISE OF FUTURE MONOPOLY PROFITS?
18. High gas prices are good
19. What is Capitalism?
20. Pride in What You Paid For
21. On Making Money from Nothing
22. Save Money Towards What Ends?
23. No Regret Investment

I’ve never owned property in the traditional sense in my life. It is still kind of a strange and elusive concept for me. 

For example, homeownership, is talented as some sort of desideratum, a thing to be desired. 

So for example, I think like the baby boomer generation, the life goal of everybody was to own your own property? Like purchasing a single-family home, a plot of land etc.? 

Land?

Even Cindy’s mom said it best, you don’t own the property, the government owns it. Even assuming that you buy a plot of land or property in all cash, you’re still going to pay around like 1%, 1.05% property taxes on it like forever.

Even if you buy a house which is like $1.4 million or something, I think that’s like $1250 a month Justin property taxes, and then after homeowners insurance and stuff, which could also be considered an additional non-direct tax, You might be looking at like $2000 a month, just in “taxes”. Just throw in another thousand dollars and you already have rent.

Why?

I thought this morning is in regards to the philosopher; what is a philosopher? A philosopher simply somebody who posits desideratum — what we should desire, what we should not desire. 

 For example, under no circumstances should we desire slavery poverty and to be encumbered. On the contrary, what we should desire is freedom, power and control; consider the blissful authority and self sovereignty of the Spartans.

New Slaves?

See there’s leaders and there’s followers, but I’d rather be a dick than a swallower! – Ye

 the tricky thing with a lot of modern day life is that a lot of the stuff is actually self-imposed slavery. For example let us say that you buy the new BMW M3, yet you finance it, I think the original word for finance actually means ransom.

So let us say that you’re paying like $1450 a month, just for your car payment. To me this seems like the most insanely foolish financial decision of all time; if you simply pour that into bitcoin, and assuming that bitcoin is going to at least 100X from here, maybe even 1000x, then what that means is that the payments on your car, is like metaphorically paying $15,000, $150,000, or even $1.5 million a month!  

Future projections

If I could tell you with 100% certainty that in 21 years, bitcoin would be worth $100 million a coin, maybe even 105 million a coin, which means that assuming that bitcoin is around $100,000 today, that is like a 1000X gain 21 years from now.

Certainly it is possible you could die in a texting while driving accident today or tomorrow, but if you plan long-term —  if I told you that the money that you put in this thing today will yield 1000 X 21 years from now, and I could guarantee you with 100% certain that you would be alive healthy and well 21 years from now, wouldn’t you plan things differently and spend differently?

For example, that hundred dollars you put into that thing, could be worth $1000, $10,000, $100,000– or even $1M! If that were the case wouldn’t you plan things differently?

Once again, $100 today being worth $1M in 21 years, with 100% certainty ,,, wouldn’t you plan your life differently?

First, you would certainly be much more scrappy, frugal, and pursue a much more austere and critical and Spartan lifestyle today. Of course there are certain things you gotta do like feed yourself, pay rent etc., but beyond this… Even thinking about recurring subscriptions and services, that $20 a month you’re spending on Spotify, what if that after doing the math, would mean that you’re paying $200,000 a month for Spotify? Why don’t you just cancel that subscription and put that money into bitcoin instead?

Fractional property ownership

I think this is the big idea here; the general idea that you cannot buy a fraction of an apartment on fifth Avenue in New York. You cannot buy like a square meter of an apartment complex in Gangnam. You cannot buy like a third of a single-family house in Culver City.

I think this is where the early days of bitcoin is interesting; people have not yet understood the notion of a Satoshi; sooner or later, I think the name Satoshi will become more famous than the name of any other modern day celebrity. Why? He’s like the Jesus of money!

Ownership is a state of mind?

I think a big thing to consider is that ownership, self ownership, self sovereignty is more of a mindset than anything. Even when I’m staring at my bitcoin balance, and the value of my microstrategy MSTR stock, none of it really feels real… It’s almost like I’m living in some sort of cyber virtual video game, except it isreal.  Not bad for a kid who grew up in poverty, mom going bankrupt twice, and dad gambling with the rent money to now at the age of 36, counting M’s.

The impetus to think long-term 

Once again, if I could tell you with 100% certainty that your investment today in bitcoin well thousand X 21 years now, aren’t you gonna do everything in your power to ensure that your health your physiology your sanity will be insanely robust 21 years from now? Would that also means that you’re probably not going to be engaging in degenerate activities today; Rather, it will probably encourage you to sober up, stop taking weird drugs, going to Coachella, wasting money on that new loser iPhone, that new loser Tesla cyber truck Lamborghini Ferrari whatever.

I think you will also become more critical about how you spend money. And how do you spend your life!

Also, I almost wonder if this one encourage more people to have kids; because you cannot be with your bitcoin dance to your dog; but bitcoin will last forever; you could give it to your kids kids kids kids kids, for when your kids kids kids have kids! 

the $1m iPhone 

A simple way to think about it is $1000 today is $1,000,000 21 years from now. 

So if that is the case, the smart strategy is to just hoard the cheapest iPhone, the iPhone SE, forever or however long you can. 

The $100M Cybertruck

Assuming that a cyber truck is like $100,000, that means that your cyber stuck  will cost you $100 million in 21 years.

I’m like 1000% Elon and Tesla, but still… The entrepreneur and innovator in me think more critically about this; 

Better to CYBERTRUCK your body than to just buy it. 

Also, the big issue here is that with a Tesla car, you never really own it, the same goes with any other vehicle; because ultimately you’re going to have to pay Insurance, maintenance, gasoline, stuff on it… What that then means is that you never own it in theory; You’re kind of just metaphorically leasing it. 

I’ll give you an example with Tesla; as long as that you have to use their proprietary software, you visit the local supercharging network etc., you’re still tied to Tesla the infrastructure forever.  and also if you need to get any repairs done, you’re going to be married to Tesla for the rest of your life.

Another big thought I had was you never really own an iPhone; you’re just kind of leasing it; why? Now that we are all married to the iCloud system, forever, you’re kind of just paying some sort of like revolving increasing expensive iPhone thing, to ever feed your iCloud subscription?

So you never really own an iPhone a Tesla, even a Ferrari or a Lamborghini or Porsche or whatever, the primary issue here is like let us say that you had to pay $1000 a month in insurance for the car, you have to maintain the car, replace the tires, do oil change etc., this could be seen as an indirect tax. 

Stop the bleeding!

Let us see that you have a healthy four-year-old boy, full of bigger energy and happiness, but let us say that you siphon off a little bit of his blood every single day for the rest of his life. What is going to happen to his growth ability? Probably not good. 

Economic vampires

I think I figured out fashion; all this marketing advertising magazines etc. is designed to make you feel shameful about your body, and how do we alleviate this? We cover up the ugliness of our body with other ugly expensive clothes, all produced in China or Vietnam, which is like a 98% markup on the actual clothes.

And this is the thing also with cars, we all have ugly weak unimpressive bodies, and we hide behind avail of our luxury vehicles, because we are ashamed of ourselves. 

You’ll see this with people who try to look antisocial but at the same time, with their 5% tennis sunglasses, or they’re fully tinted automobile cars, or with their baggy loose fitting clothes. 

It seems that the whole trend right now is that everyone for this weird, emo alien look? Balenciaga in the flesh?

Bitcoin is beautiful

What is the most beautiful thing on the planet? Or the known universe of humans? 

Bitcoin! 

Why? 

First, note how it is kind of like the ultimate perfected Zen and property. There is really no problems with it.

It’s like if Steve Jobs came out with her first iPhone, and he said that this would be how the iPhone would look forever, kind of the same thing. 

I think the reason why you should put zero faith in any other tokens or things which are not bitcoin is that they are all like the old versions of the Microsoft android phone, not worth anything, and they are simply supported by fake notions of value, hyped up by crypto influencers (side note– whenever you hear the word crypto, be very very wary). It is Bitcoin not crypto.

the Immaculate conception of bitcoin

I think what is so shocking and interesting about bitcoin is that it only ever had a version .01, and has not been messed with since. 

Compare this and contrast with all these other version twos of Ethereum and all these other loser copycats.

Why does this all matter?

If I could tell you that this was like Apple in the 1980s, or the early days of Apple Amazon Facebook Google, and you could invest in right now, and it will become the most valuable thing on the planet, wouldn’t you want a piece of the pie? 

Infinite pie

The double funny thing about bitcoin; 

in some ways it is infinite, but in some ways it is limited.

For example, any human on the planet could purchase a single Satoshi, I think like it is only .001 cents to purchase a Satoshi. 

In fact, my personal thought is if you really want to give somebody a meaningful present or tip somebody, just zap them a few Satoshi’s.

Or, let us say that your sibling has a child or a kid, I would actually say the most meaningful gift you give them is a single bitcoin. If and when my sister has a kid, I’m going to gift the kid a bitcoin. 

The new family Empire

So we’re still stuck in thinking about US dollars, like the question is always, how much is a single bitcoin worth right now? No. The more intelligent way to think about it is how many bitcoins do I currently own, and how much will it cost for me to acquire more bitcoins? 

Increasing your bitcoin yield

So the goal is to acquire and accumulate as many bitcoins as you can in this life, and to never spend it. 

So for example, it is always a good idea to buy Manhattan or cyber Manhattan. If over the last 300 years, your family was able to get fractional ownership of Manhattan, if that is the case, then, it is always a good idea to buy Manhattan. 

Why is so difficult to think about property and manage property

In some ways, property is just kind of a metaphor, kind of like a philosophical thing. It doesn’t really exist in the traditional sense, of course, plot of land is considered property. Yet when the Native Americans lived here, ain’t nobody ever took out a tape measure, measured the square footage of a plot of land, put a stick in the ground, and suddenly declare to the universe “I own this 5000 ft.² of land?”

Bitcoin is also fascinating because assuming that cyber space is more valuable than physical space, I think it is, assuming that the Internet is also more valuable than physical property, if that is the case… To be able to own a piece of cyberspace, is actually a very big idea. 

Nobody is anti-bitcoin

This is also another idea, all the other crypto assets are essentially pegged to the bitcoin. Even Ethereum, read the original white paper by Vitelic, he essentially was trying to “fix”, bitcoin, even though there was nothing needing to be fixed. 

So always be wary when somebody shows up to the party, and trying to fix something that isn’t even broken in the first place. This is why in general, anybody who tries to “optimize” something that is already working, … like a Doctor Who tries to prescribe blood thinners or cholesterol lowering medication to your healthy four-year-old, be very skeptical. 

who profits from what?

So this is a tricky thing, the ethics and the motivation behind it all. For example, somebody once asked me, is Michael Saylor ethical or unethical for promoting bitcoin, given the fact that he himself and his entity micro strategy owns a lot of it? 

 I would actually say it is 100% ethical for Michael sailor to promote bitcoin. Why? It’s almost like trying to encourage people to use the Internet, and saying that the Internet is good for the planet. In which it obviously is. 

 if anything what is actually super fascinating is that I’ve watched almost like four years of Michael sailor interviews, like nearly 100 of them, and for the first four years, he never once  even mentions his company micro strategy. And what is very ethical is the whole time he is talking about the magnificent seven, like Apple Amazon Facebook and the like. 

In fact, it almost took me like six months before I even figured out what micro strategy was. 

Anyways, it is always a good idea to follow somebody who never promotes themselves or their company, but rather, the asset behind it all. Which is bitcoin. 

For example, it’s like me going out and telling people that digital photography is superior to film photography or vice versa and the like. Or more like me encouraging people to open source their photos their information etc., I’m promoting a protocol and an idea.

Or for example, if I encourage people to start intermittent fasting, to stop drinking alcohol and marijuana, for people to become more frugal, for people to unsubscribe to subscriptions, what is unethical about this? 

Or if I encourage people to purchase beef ribs at Costco, I don’t really have anything to gain from this. 

Follow the money?

So currently speaking, real estate is traditionally the way that a lot of people get rich. For example if your a great great grandfather once bought an acre of land in San Francisco for like five acorns and two donkeys, that family assuming they did not do anything stupid would probably be insanely rich. 

Who encourages us to purchase single-family homes? Banks, real estate brokers etc. Why? By propping up this American dream of home ownership, they themselves get rich off of it. 

Compare this instead to an asset like bitcoin; there is nobody who controls bitcoin, Satoshi said toodaloo, and disappeared forever. Kind of like the immaculate Assumption back into heaven.

Everyone else is this spokesperson for their token or thing; Vitalik for Ethereum, Sergey for Chainlink, the scam artist who are proposing ADA Cardano (this one is really the biggest scam), even Elon Musk trolling Dogecoin. 

Only trust things or assets without an issuer.

For example, even apple, kind of a bearish future ahead of them, assuming they don’t integrate bitcoin into their ecosystem. Why? Even though Apple keeps pumping money into their Apple TV+, nobody really wants it or cares for it. And even at this point, nobody really wants the new iPhone, or the new iPhone Pro, they simply upgraded because they feel expected to; they have been holding off for so long like two or three years, their old phone is getting super slow, or they run out of storage, so they simply upgrade not because they want to but because they must!

ain’t no Tesla car going to last year 21 years

Even now, I feel bad for all of the early adopters or even the middle adopters of Tesla cars, your car is getting outdated like every year or two. And once the cyber taxi comes out, you’re going to be kicking yourself in the butt. 

I have like almost 100% certainty that my 2010 Prius will still be operable 21 years from now. Also my great joy is that I do all the oil changes with myself and Seneca, 100% full synthetic mobile one, K&N performance oil filters etc.

Even a random thing, the paint on it is actually still really good! I recently ordered some chemical guys detailing spray on Amazon, for only like 11 bucks, and now the car is so insanely and beautifully shiny! And I also assume that because it is more slick and slippery, what that then means is that it will repel more dirt and Moisture and water from it?

Things that last things which don’t

Even if you purchased the best 3M matte black vinyl wrap for your vehicle, it probably won’t last you for more than five years. Sooner or later it’s going to degrade, especially if you live in Sunny Los Angeles, the sun is so strong here.

Why is it so difficult for people to invest and think about things in the long-term?

I think maybe it is because people consume too much media and advertising. 

Even for myself, I don’t really like the bitcoin community on the Internet because I think they lack a lot. I’m more interested in philosophy, Spartan and ancient Greek aesthetics, weightlifting and the like. 

Even my pride is for so long, I never once listened to or read anything else by a crypto or bitcoin influencer or thought leader; in the early days, essentially all my thoughts were just my own; I first purchased bitcoin for $7000 a coin back in 2018 I think. 

And I was looking back at my purchase history, I’ve actually been very very consistent in purchasing bitcoin, the highs and lows and the mids, and even when I was purchasing bitcoin in the low 70s, at the time it seemed like a losing bed because bitcoin would keep dipping back into the low 60s and 59, And then, I don’t know where after the Trump victory, bitcoin skyrocketing to above $88,000 coin, and essentially hitting $100,000 a coin. And I’m almost like 1000% certain that by the time that Trump takes office January 20, 2025… Bitcoin will be far higher than than it is today. 

And also, with the Cynthia Lummis bill, the bitcoin act in which she will swap cold notes for bitcoin, and when that steak and dagger is inserted into the coffin, the value of bitcoin will explode! And then you’ll start seeing a huge race of nations trying to accumulate her bitcoin stock piles.

Bitcoin is cyber security

So what is another interesting idea is that essentially bitcoin is like solid solidified cyber Security. Future warfare will not be bombs and missiles it will all be cyber attack. Even right now, Apple pays big bucks for cyber security penetration testing; even apparently right now Gmail is getting attempted to be hacked like 1,000,000,000,000× a second, so cyber security is certainly maybe the most valuable thing on the planet. And even your checking bank account, that is all cyber security. Even though we hate the banks, it is still impressive that if you have a certain amount of field currency in your checking account, how it is almost 100% guaranteed to remain there.

You could send Messages via bitcoin

Let us say that you have a certain message or will or Testament or some sort of really really critical information, that you need to have conveyed to the next party, the bitcoin network is the way. You cannot stop it, even if you had 1000 quantum computers trying to stop you. 

So currently, the way that the world operates is through TCIP, POP,  email and the Internet. I think people don’t understand yet, the bitcoin is not just cyber money in capital, it is something greater and even more beyond!

Where money and capital collide 

So currently you could get a Coinbase debit Visa card in which you go to Costco and you could just use your bitcoin or crypto balance to pay for groceries. I did this once with chain-link, and it was really fascinating, like free money! 

Anyways, ultimately it is best to just never spend your bitcoin, because the value is going to go up forever. It’s like probably not a good idea to sell an eighth of your apartment building on fifth Avenue, to buy a two bitcoin Lamborghini, or whatever.

But in theory, you could. And also… Like cash, bitcoin is cash, and also capital… You could just zap somebody $100,000 worth of bitcoin, and the final settlement will just take a few minutes, rather than the tedious process of having to go through a bank, and a trusted intermediary. 

For example, do you know how difficult it is to just wire $1 million into somebody else’s bank account? Or try 100 million? Or 1 billion? 

With bitcoin you can! 

the best gift this holiday season

Once again a big disruptive idea… Rather than trying to buy your friends families and yourself these mediocre polyester clothes, just buy them bitcoin or yourself bitcoin! Just download and install Coinbase, or if you have the cash app you could just buy bitcoin there! 20 bucks 50 bucks 100 bucks, whatever. 

Even think about it… Let us say that that $20 sandwich, will 1000x from here, $20,000 sandwich –?

So imagine if just for somebody’s birthday or something, you just give them like $50 worth of bitcoin, that is like you’re giving them a $50,000 gift? Pretty cool. 

Bitcoin for kids

Seneca is about to turn four, and he already knows what bitcoin is. Whenever he sees a graph, or he immediately says bitcoin! 

If a four-year-old child understands what bitcoin is, could recognize the logo, and pronounce it easily, very good sign. 

I would not be surprised if in the future, Vegas and casinos in the lake will also give you the opportunity to gamble bitcoin. Can you imagine going to a high roller roulette bar, and pledging like 10 bitcoins on a spin?

Or, maybe instead of buying your wife that overpriced diamond ring, you gift her a bitcoin instead? 

Bitcoin jewelry?

I have another funny idea, what if you became like a bitcoin jeweler, and I would give you a patch or a bitcoin ring or a bitcoin earring or bracelet, for every bitcoin you own? 

What is funny is that actually in today’s world, when you have these expensive vehicles, in some ways you’re kind of parading your net worth. 

For example, if you drive a cyber truck, you’re essentially telling the world that you could afford $100,000 on a vehicle. 

Or if you drive a Lamborghini or Ferrari or a Porsche 911 GT 3RS, that you could afford 250,000, 500,000, million dollars on a vehicle. 

But this is a weird thought; do you really want people to know how rich you are? If you’re really smart, no. 

Why? If people really knew how rich you were, certainly they would try to rob you or ransom you. 

And this is actually where it is so courageous that Michael Saylor publicly disclosed how many bitcoins he owns, because this actually does put his life in danger, any thug on the street with a gun, who knows that he lives in Miami Beach, could try to rob him of his bitcoins. 

And this is why Satoshi will never really reveal himself, because, his net worth is probably more valuable than even Elon Musk, I think in the next decade you will see Satoshi or his bitcoin wallet be worth than most nation states, certainly making him the richest person on the planet. 

But if anyone really hundred percent figured out who said who she would be, he would be in peril. 

Deduction

She is probably a single dude, without kids or family, kind of like a monk, or maybe like John Wick? 

Is John Wick Satoshi? 

ERIC

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EK INFORMATION SUPPLY

Introduction to bitcoin free open source workshop, December 14, 2024 — Register here for free

so this open source introduction to bitcoin workshop I’m super excited and pumped for. Why? It’s going to be a synthesis of everything I know and understand and love about bitcoin. 

For those skeptical or suspicious, come on… It’s free and open source, you don’t really have anything to lose. 

Kind of the impetus behind it is that I’m like inviting everyone I know, even my mom is inviting her friends on kakao talk! 

Essentially I do not know any human being on the planet who does not want to improve his or her financial condition, and or your family. 

Money finances and prosperity, isn’t this something we all care for? 

things to be grateful for

Thanksgiving is giving thanks, giving thanks to being alive, being the full for even waking up this morning! Being grateful for not having the stomach flu, be grateful for the sun etc.

Being grateful for your family member is still alive, being grateful for love! 

I’m grateful for you! 

---

Now what?

Some simple action items: 

1. Start buying bitcoin on Coinbase or the cash app, whatever is simpler and easier for you
2. I would actually encourage you not to buy gifts for friends and families, just gift them and zap them with bitcoin instead
3. If you want to learn more about bitcoin the best is to just go to michael.com or hope.com
4. Ultimately even though microstrategy MSTR outperforms bitcoin, 120% ARR, compared to the 60% ARR of bitcoin,  ultimately the bitcoin is the goal, not the microstrategy stock even though in US dollars the value of MSTE explodes a lot more. A very very simple strategy I have is purchase microstrategy stock, mstr, and ride it up, and when you make a profit, sell some stock and use that to buy bitcoin.  For example, if you own like $150,000 worth of micro strategy stock, and it goes up to $200,000, sell $50,000 worth the stock, and funnel that money and use it to purchase more bitcoin. I call this double profit double dipping. 
5. Just think critically about the philosophy behind it all; once you’re worth $2 million, 3 million, 4 million 5 million, 10 million, $100m, $1B, $10B, really matter? Assuming that you’re going to still remain to live a frugal Spartan lifestyle? Because once again… The big idea; the true capitalist only cares to stack capital and bitcoin, not to buy silly things. 

ERIC

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Getting back on Twitter, X

Twitter and social media is a double edge sword, but in terms of critical financial information, I think the only one human worth following is @saylor — Michael Saylor.

It is probably the best place on the planet to get any sort of critical information about bitcoin and or micro strategy stock. 

100% all in. 150% all in? 

ERIC

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Bitcoin by KIM >

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If you want to be happy or happier, the best way to do it is to purchase accumulate and acquire bitcoin, like taking your economic happiness and energy, and putting it into an infallible bitcoin.

---

Why bitcoin makes sense for digital nomads

So assuming that you’re living in Mexico City, Thailand, Vietnam Cambodia Laos, off the grid, and you love being off the grid, not being tied down by anything… Bitcoin is the ultimate freedom energy economic power property you can own. 

For example, I think one critical mistake a lot of millennials make is they want to buy some sort of like weird off-roading Mercedes sprinter van, and they essentially like a homeless people in RV parks?

Nontraditional ideas

So for myself, I’ve always had a passion for nontraditional idea paths etc. 

To be contrarian means to just go against the herd.

So for example, even though I’m a huge fan of Tesla and Elon Musk, am I the only successful millennial person individual, super rich who would actually prefer having a Toyota Prius or maybe now, the Lexus TX car? 

I think there’s a lot of press about you being able to camp and live in a cyber truck, and I think it’s a great idea, but, I find it actually much more practical to get like maybe a Lexus TX Plugin hybrid car, the ultimate luxury SUV minivan, and just sleep and live in the trunk of that? The side is once again, the plug-in hybrid concept is still the most best double leverage thing you can get; the side of gasoline, which power is like 90% of humanity, and also, electricity, the Hybrid engine, as well as the plug-in capability.

Something that people don’t really talk about is that the upside of having a hybrid car is that when you idle, most often times it is silent. This is phenomenally fantastic if you’re taking a nap in the car with your kid! No solo gasoline car is worth it; either hybrid, plug-in hybrid or nothing. 

a vehicle is bad

Once again, even today… We are still stuck in this slave like mentality of vehicle ownership. I suppose the good thing about having an old Prius is that it never feels like a liability. If somebody steals it, hit it I could care less. 

Also pro tip, if you have peeling paint or something on your car, just order some 3M matte black vinyl vehicle wrap online, cut it yourself and just stick it on like a sticker! Looks very cool. 

Lunar white

Another funny trend, everyone in LA wants to murder at their cars in all black, but, this is a positively bad idea because Los Angeles is essentially a desert with lots of dirt particles in the air, the ideal car color is either white or some sort of desert tan color; any color which does not show dirt. 

And also a lot of these fools don’t understand is that if you have a black vehicle, you’re going to get cooked alive in the summertime! 

Make white cool again

The funny thing is actually… When I was a kid growing up, nobody wanted to own a black car. A sports car was universally red; everyone wanted the red Integra type R, with the gloss white rims. 

Vehicles and society

I could care less about your four bitcoin Ferrari, or your two bitcoin Lamborghini. Or your one bitcoin cyber truck. 

What is super interesting and fasting about bitcoin is that it is almost like wealth on wheels. And only that but it is like the ultimate type of wealth and property you could actually own. Why? It is like perpetually in your mind in your head and your soul; and it is not physical, yet it is real and exists. 

A lot of people don’t understand what this point is, they think that it is fake money. But no, bitcoin is digital cyber capital, which is 1 trillion times more profound as an idea. 

Why? If you could teleport a skyscraper into cyberspace, make it immortal, immutable, indefinitely divisible, with no property tax, no mayor trying to put regulations on you, no death in decay, no annoying tenants etc.… You essentially have perfected digital and cyber capital And property. 

Why do people even purchase real estate in the first place?

Traditionally, in the past, you only purchased real estate not for the utility purposes, but rather, as a long-term store value and or maybe income generation? 

The difficult thing is at best, you have to skillfully manage your real estate and property, get good tenants, collect the rent, but still you might have to deal with Insurance, things breaking, changing zoning laws in your local city or area, etc. 

no property taxes

I think this is a hard thing for a lot of people to understand is that you cannot tax bitcoin, only if you sell it. But if you never intend to sell it, you will never actually incur a capital gains tax, and even greater… The amazing thing about bitcoin is that assuming that it is digital property, you don’t have to pay Property taxes for simply holding it and owning it.

The scam of physical property?

Let us say you buy a $2 million home in all cash, but still… Even with a nominal 1 to 1.25 or 1.5% property tax, you’re going to be paying like 2000, $2500, maybe even $3000 a month in property taxes, simply for owning the thing. And you’re going to have to pay that forever. 

This is kind of a scary thing… And it seems a little bit weird and unethical; if you own a piece of land, why do you need to pay taxes simply for the right of owning it? 

Like for example if I own a gold bar, in this gold bar is my property, I don’t have to pay 1% tax on it, simply for owning it, forever?

Even in some ways, maybe we consider inflation like an indirect tax on you. For example if you have like $1 million of cash just sitting in a checking account, the reason why this is bad is because it is draining economic energy like 15% a year. For example you’re $1 million worth of cash is going to degrade to like 750,000 the first year, $500,000 the next year, $250,000 the next year, down to $125k the next year etc. kind of a really bad situation. 

Bitcoin is going to go out forever with volatility

Volatility is energy power and vitality and vigor. 

Volatility is power!

So for example, a nuclear reactor is very very volatile, but it is perhaps maybe one of the best blessings for humankind, because if managed in handled properly, it’s like free electricity and power for everyone forever. 

Bitcoin is like nuclear economic energy and power. Maybe people are afraid of bitcoin like they are afraid of nuclear power plants. Certainly we do not want a Fukushima,,, but still, certainly in the early adoption years of electricity, I’m sure that there are some people who accidentally electrified themselves to death. 

Also, I am also very certain in the early days of fire, there must have been some caveman who were burned to death.

Or even the early water wheel, I’m sure there are some people who accidentally got crushed to death by it. But we do not ban these things simply because there were a handful of people who died from it.

Bitcoin is the new fire

If you think about Satoshi like being Prometheus, who brought fire to the masses, isn’t this like the greatest blessing of all time? 

It seems that Michael Saylor and the like talk about Satoshi with some sort of extremely deep reverence. Even I was shocked.

Also what becomes very interesting about bitcoin in general is that it definitely is starting to become like religious at this perspective. Like even beyond a cult. Religion. 

Satoshi as the new Jesus? 

The immaculate conception of bitcoin, Satoshi, giving this gift to humanity, and essentially disappearing forever. 

Anybody who claims to be Satoshi, ignore them, they certainly are not. Why? Because 1, million bitcoins is essentially like worth what, $200 billion or something, essentially in the next upcoming months and years you’re going to see Satoshi becoming even richer than Elon Musk. And I’m very certain that within the next 5 to 10 years, you’re going to see Michael Saylor maybe being at least 2 to 3 times richer Than even Elon Musk. 

Anyways if you have that much energy power in wealth and bitcoins, you are not going to want to have anybody know who you are because realistically your life will probably be in peril. 

Why Michael Saylor might be the most important individual of all time

Very simple thing… He has literally almost like tripled my net worth in the matter of three months? There is no other human being on the planet who has ever directly or indirectly did this for me? 

And the reason why this is such a big deal is once again, now, as a consequence, the cost of living in LA becomes like a joke, really kind of not a big deal, I feel comfortable having 2, 3, 4 or even five kids. 

Economic buffer

Another mistake that people make is that the point of becoming super rich is not to suddenly go out and buy a bunch of silly things. The purpose of the point is instead, to rather, live a more carefree life, less stress less anxieties less annoyance. Dropping $500 on beef ribs at Costco is just like a drop in the bucket. 

Becoming more spartan

At this point the only money I spend on myself is my weightlifting equipment, my beef ribs, and maybe some new Vibram five fingers when my shoes fall apart. But besides this, I have like no use for money. 

And once again, the goal is to build in stack capital, we all live in capitalism, not “moneyism”.

ERIC KIM CAPITAL a good ring to it. 

or

ERIC KIM KAPITAL

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What is the purpose for the joy of capitalism?

Ironically enough it is once again not really about consumerism, if you were a real capitalist, your joy is more in senior capital stack, not seeing it becoming depleted because you bought some sort of loser Ferrari or Porsche. 

I’m still shocked; 95% of water in America, we are simply being baited along by having some sort of allure of some sort of luxury vehicle but isn’t ideal to be like a digital nomad, traveling to Japan and Kyoto, visiting the Hot Springs, or living this luxurious Expat life in Cambodia Vietnam or Thailand? 

For example, my friend Todd Hata did it well, he sold his old house in the mountains in LA, and is essentially like on the road 90% of the year, jumping between Mexico City, Thailand, Greece etc. His passion has always been travel, and food and experiences, very wise.

Why bitcoin is good for everyone on the planet

Even if you’re the average American, most people cannot afford to purchase physical property. And once again, if you do the math, after homeowners insurance, Tax, fire taxes,  stuff breaking, having to change the roof, getting a new washer and dryer or dishwasher, upgrading your kitchen, you’re going to bleed yourself dry. And not only that but I think being a homeowner becomes a new consumerist things; spent too much time thinking about how to break down walls to extend your home, build an ADU, update the kitchen whatever. Or expanding your garden, changing the flooring etc.

But don’t you realize that the best thing to do is just be in nature? Or just drive to the Huntington Gardens on the weekend, or just travel to Japan instead? In fact when you go on a flight, and you see all these little tiny homes From Birds Eye view, you realize how ridiculous the desire of homeownership is.

The new desire for bitcoin ownership

I think real estate will be the next sector that bitcoin gobbles up. The average GenZ person doesn’t care for buying a house, they want to just play pickle ball, go hiking and camping, go on road trips, buy the newest iPhone etc. Pursue their hobbies and passions. 

Millennials, we are a funny basket case. We used to be like GenZ, wanting to travel to planet, become a digital nomad, etc.… But somewhere along the line, maybe because of Covid, we tried to settle down and buy single-family homes instead? Or condos?

Take it back to the beginning

I’m starting to feel like this is the early the Internet, AOL, AOL 3.0, you got mail, dial up 56K modems etc. 

You got bitcoin!

I also like bitcoin because it is just easier to mentally and mathematically remember things. Easier to remember how many bitcoins you have on the top of your head, rather than trying to tabulate all the ones and zeros of all your fake fiat based assets? 

Rather than thinking about your net worth, easier to just remember your net bitcoins; 

Whenever I find out that somebody else is into bitcoin, I have zero issues asking them how many bitcoins they own. Why? Because it is still a relatively new field, it is awkward to ask people how much US dollars they have in their savings account, or checking account, Easier to just ask the bitcoin question.

And for me, even owning a single bitcoin is like for me, owning like a square block of digital Manhattan or Kyoto. You know these rich families that own huge plots of land in desirable locations? Yeah, that’s like bitcoin. 

The new digital Beverly Hills

A single-family home in Beverly Hills is what like at least 5 million, 10 million, 25 million, 50 million? 100,000,000? 

My personal projection is if you tag the price of a bitcoin to desirable real estate in the Brentwood Hills or something, just think about what the land is worth for the Getty museum. Or like owning a piece of land or property next to the PCH in Malibu. But actually if you think about it, the value of a single bitcoin is worth 1 trillion times more than even the best property in Malibu. Why? The dangers of owning physical property, landslides, Robberies, general maintenance. The fear that your housekeeper is stealing your stuff.

For example, how comfortable are you leaving your $200,000 Rolex just sitting around? Probably not very comfortable. 

Consolidate all of your assets into bitcoin?

Bitcoin is the new family jewels. Take all of your scarce desirable assets like your Rolexes, your Leica, your Porsche and just buy bitcoin instead.

Because once again , to have any sort of physical property in the physical realm is a liability not an asset.

I’m starting to feel more bullish, increasing my target price of bitcoin to at least $55 million a coin. Probably higher.

So if that’s the case, if you took a $10,000 Rolex, and sold it, assuming that bitcoin is around $95,000 of bitcoin right now, even lower at 89,000 of bitcoin or even $85,000 of bitcoin, whatever it may… Is massive upside. 

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611x

The $6 million Rolex? 

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Just funnel your inheritance money into bitcoin 

Once again, so many of these things are just liabilities. I hate the fear of having to remember where I left it, and whether it is safe, whether it was stolen or not or whatever. Rather than putting your scarce desirable things into a physical vault, isn’t it far safer for it to be in a cyber Vault, on the Blockchain?

The Blockchain is the new cloud

What is the Blockchain,? It is like the cloud on steroids, with 1000 X more security power and cryptographic security. 

It took a long time for people to trust putting files on the cloud, or photos on the cloud, but now it seems like the obvious decision. 

I think the reason why I like Coinbase is that rather than having to memorize some keys in my head and have a hardware physical wallet, and knowing myself I am quite forgetful, you don’t want to lose like $1 billion worth of bitcoin because you forgot your password. I think this is also where this is a huge opportunity for Apple; if we have all of our bitcoin passwords and keys linked to our iCloud account, certainly we will never stop purchasing Apple devices. Even bigger, if Apple makes their own bitcoin ecosystem to custody your bitcoin in your Apple ID wallet, This could actually disrupt the whole Coinbase market. Let us consider that most of us have Apple Pay already enabled, how easy would it be to just buy bitcoin directly from your iPhone using Apple Pay? And it could be simple, you could just buy 10 bucks here, 20 bucks here, 50 bucks here, 100 bucks here etc.

I don’t have an Apple credit card or bank account, but this seems like a good idea. 

Let the markets go free!

I hate the weekends because the markets are closed. I would prefer a world in which my micro strategy stock could trade 24 7, 365, every day all day every day, on binance fidelity or something else.

Apparently in 1933, the way that the traditional stock market was structured was actually to legitimately create a cartel. This is like the almost the exact opposite of American values of freedom, self sovereignty and freedom. 

Michael Saylor had a very interesting idea; why can you not own Apple stock directly on your Apple iPhone? There is nothing unethical about it. And technologically, we live in the year 2024 of course could be physically possible. Even the stock market is mostly driven by robots, you no longer have guys on the slips of paper. It ain’t like the Wolf of Wall Street. It’s like the wolf of cyber Wall Street. 

Physical property has too many risk factors?

Even here in Culver City, kind of like peak LA, there are so many businesses which are getting shut down like even me and Seneca’s beloved shake shack, and even more shockingly today, chipotle. 

If these trusted namebrand businesses are struggling in going out of business because we cannot afford to pay the rent or whatever… Isn’t this pretty bad? 

And also, physical entropy. Once again, if you want a physical house, shit will always break and you’re going to have to be liable for it. 

Intelligent rent leverage

If you have an amazing landlord who always fixes everything super fast, even put in brand new appliances for you, leverage and milk that forever. 

Even we told our landlord that our washer washing machine had a little bit of rust in it, immediately sent in his team and installed a totally brand new Samsung washer and dryer , which might have caused like $5000 $6000?

Even another thing that was interesting, there were some palm trees which were growing on top of the roof, and he just sent in a team to get it all cut down and fixed up? 

Even we had some issues with our electricity and water and water heater, once again he snapped his fingers and got it all resolved in a day or two, while me and Seneca having a fun adventure at the park.

Your Archimedes lever in life

For myself, my core competency is within writing thinking blogging vlogging etc.  from an economic perspective it kind of makes no sense for me to waste my time having to manage a home and fix things.

I would rather manage thoughts ideas, big visions? 

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Think different, be different!

START HERE >

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Do you want to be happy or happier, the best way to do it is to purchase accumulate and acquire bitcoin, like taking your economic happiness and energy, and putting it into an infallible bitcoin.

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Why bitcoin makes sense for digital nomads

So assuming that you’re living in Mexico City, Thailand, Vietnam Cambodia Laos, off the grid, and you love being off the grid, not being tied down by anything… Bitcoin is the ultimate freedom energy economic power property you can own.

For example, I think one critical mistake a lot of millennials make is they want to buy some sort of like weird off-roading Mercedes sprinter van, and they essentially like a homeless people in RV parks?

Nontraditional ideas

So for myself, I’ve always had a passion for nontraditional idea paths etc.

To be contrarian means to just go against the herd.

So for example, even though I’m a huge fan of Tesla and Elon Musk, am I the only successful millennial person individual, super rich who would actually prefer having a Toyota Prius or maybe now, the Lexus TX car?

I think there’s a lot of press about you being able to camp and live in a cyber truck, and I think it’s a great idea, but, I find it actually much more practical to get like maybe a Lexus TX Plugin hybrid car, the ultimate luxury SUV minivan, and just sleep and live in the trunk of that? The side is once again, the plug-in hybrid concept is still the most best double leverage thing you can get; the side of gasoline, which power is like 90% of humanity, and also, electricity, the Hybrid engine, as well as the plug-in capability.

Something that people don’t really talk about is that the upside of having a hybrid car is that when you idle, most often times it is silent. This is phenomenally fantastic if you’re taking a nap in the car with your kid! No solo gasoline car is worth it; either hybrid, plug-in hybrid or nothing. 

a vehicle is bad

Once again, even today… We are still stuck in this slave like mentality of vehicle ownership. I suppose the good thing about having an old Prius is that it never feels like a liability. If somebody steals it, hit it I could care less.

Also pro tip, if you have peeling paint or something on your car, just order some 3M matte black vinyl vehicle wrap online, cut it yourself and just stick it on like a sticker! Looks very cool.

Lunar white

Another funny trend, everyone in LA wants to murder at their cars in all black, but, this is a positively bad idea because Los Angeles is essentially a desert with lots of dirt particles in the air, the ideal car color is either white or some sort of desert tan color; any color which does not show dirt.

And also a lot of these fools don’t understand is that if you have a black vehicle, you’re going to get cooked alive in the summertime!

Make white cool again

The funny thing is actually… When I was a kid growing up, nobody wanted to own a black car. A sports car was universally red; everyone wanted the red Integra type R, with the gloss white rims.

Vehicles and society

I could care less about your four bitcoin Ferrari, or your two bitcoin Lamborghini. Or your one bitcoin cyber truck.

What is super interesting and fasting about bitcoin is that it is almost like wealth on wheels. And only that but it is like the ultimate type of wealth and property you could actually own. Why? It is like perpetually in your mind in your head and your soul; and it is not physical, yet it is real and exists.

A lot of people don’t understand what this point is, they think that it is fake money. But no, bitcoin is digital cyber capital, which is 1 trillion times more profound as an idea.

Why? If you could teleport a skyscraper into cyberspace, make it immortal, immutable, indefinitely divisible, with no property tax, no mayor trying to put regulations on you, no death in decay, no annoying tenants etc.… You essentially have perfected digital and cyber capital And property. 

Why do people even purchase real estate in the first place?

Traditionally, in the past, you only purchased real estate not for the utility purposes, but rather, as a long-term store value and or maybe income generation?

The difficult thing is at best, you have to skillfully manage your real estate and property, get good tenants, collect the rent, but still you might have to deal with Insurance, things breaking, changing zoning laws in your local city or area, etc.

no property taxes

I think this is a hard thing for a lot of people to understand is that you cannot tax bitcoin, only if you sell it. But if you never intend to sell it, you will never actually incur a capital gains tax, and even greater… The amazing thing about bitcoin is that assuming that it is digital property, you don’t have to pay Property taxes for simply holding it and owning it.

The scam of physical property?

Let us say you buy a $2 million home in all cash, but still… Even with a nominal 1 to 1.25 or 1.5% property tax, you’re going to be paying like 2000, $2500, maybe even $3000 a month in property taxes, simply for owning the thing. And you’re going to have to pay that forever. 

This is kind of a scary thing… And it seems a little bit weird and unethical; if you own a piece of land, why do you need to pay taxes simply for the right of owning it?

Like for example if I own a gold bar, in this gold bar is my property, I don’t have to pay 1% tax on it, simply for owning it, forever?

Even in some ways, maybe we consider inflation like an indirect tax on you. For example if you have like $1 million of cash just sitting in a checking account, the reason why this is bad is because it is draining economic energy like 15% a year. For example you’re $1 million worth of cash is going to degrade to like 750,000 the first year, $500,000 the next year, $250,000 the next year, down to $125k the next year etc. kind of a really bad situation.

Bitcoin is going to go out forever with volatility

Volatility is energy power and vitality and vigor.

Volatility is power!

So for example, a nuclear reactor is very very volatile, but it is perhaps maybe one of the best blessings for humankind, because if managed in handled properly, it’s like free electricity and power for everyone forever.

Bitcoin is like nuclear economic energy and power. Maybe people are afraid of bitcoin like they are afraid of nuclear power plants. Certainly we do not want a Fukushima,,, but still, certainly in the early adoption years of electricity, I’m sure that there are some people who accidentally electrified themselves to death. 

Also, I am also very certain in the early days of fire, there must have been some caveman who were burned to death.

Or even the early water wheel, I’m sure there are some people who accidentally got crushed to death by it. But we do not ban these things simply because there were a handful of people who died from it.

Bitcoin is the new fire

If you think about Satoshi like being Prometheus, who brought fire to the masses, isn’t this like the greatest blessing of all time?

It seems that Michael Saylor and the like talk about Satoshi with some sort of extremely deep reverence. Even I was shocked.

Also what becomes very interesting about bitcoin in general is that it definitely is starting to become like religious at this perspective. Like even beyond a cult. Religion.

Satoshi as the new Jesus? 

The immaculate conception of bitcoin, Satoshi, giving this gift to humanity, and essentially disappearing forever.

Anybody who claims to be Satoshi, ignore them, they certainly are not. Why? Because 1, million bitcoins is essentially like worth what, $200 billion or something, essentially in the next upcoming months and years you’re going to see Satoshi becoming even richer than Elon Musk. And I’m very certain that within the next 5 to 10 years, you’re going to see Michael Saylor maybe being at least 2 to 3 times richer Than even Elon Musk. 

Anyways if you have that much energy power in wealth and bitcoins, you are not going to want to have anybody know who you are because realistically your life will probably be in peril.

Why Michael Saylor might be the most important individual of all time

Very simple thing… He has literally almost like tripled my net worth in the matter of three months? There is no other human being on the planet who has ever directly or indirectly did this for me?

And the reason why this is such a big deal is once again, now, as a consequence, the cost of living in LA becomes like a joke, really kind of not a big deal, I feel comfortable having 2, 3, 4 or even five kids. 

Economic buffer

Another mistake that people make is that the point of becoming super rich is not to suddenly go out and buy a bunch of silly things. The purpose of the point is instead, to rather, live a more carefree life, less stress less anxieties less annoyance. Dropping $500 on beef ribs at Costco is just like a drop in the bucket.

Becoming more spartan

At this point the only money I spend on myself is my weightlifting equipment, my beef ribs, and maybe some new Vibram five fingers when my shoes fall apart. But besides this, I have like no use for money.

And once again, the goal is to build in stack capital, we all live in capitalism, not “moneyism”.

ERIC KIM CAPITAL a good ring to it.

or

ERIC KIM KAPITAL

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What is the purpose for the joy of capitalism?

Ironically enough it is once again not really about consumerism, if you were a real capitalist, your joy is more in senior capital stack, not seeing it becoming depleted because you bought some sort of loser Ferrari or Porsche.

I’m still shocked; 95% of water in America, we are simply being baited along by having some sort of allure of some sort of luxury vehicle but isn’t ideal to be like a digital nomad, traveling to Japan and Kyoto, visiting the Hot Springs, or living this luxurious Expat life in Cambodia Vietnam or Thailand?

For example, my friend Todd Hata did it well, he sold his old house in the mountains in LA, and is essentially like on the road 90% of the year, jumping between Mexico City, Thailand, Greece etc. His passion has always been travel, and food and experiences, very wise.

Why bitcoin is good for everyone on the planet

Even if you’re the average American, most people cannot afford to purchase physical property. And once again, if you do the math, after homeowners insurance, Tax, fire taxes,  stuff breaking, having to change the roof, getting a new washer and dryer or dishwasher, upgrading your kitchen, you’re going to bleed yourself dry. And not only that but I think being a homeowner becomes a new consumerist things; spent too much time thinking about how to break down walls to extend your home, build an ADU, update the kitchen whatever. Or expanding your garden, changing the flooring etc.

But don’t you realize that the best thing to do is just be in nature? Or just drive to the Huntington Gardens on the weekend, or just travel to Japan instead? In fact when you go on a flight, and you see all these little tiny homes From Birds Eye view, you realize how ridiculous the desire of homeownership is.

The new desire for bitcoin ownership

I think real estate will be the next sector that bitcoin gobbles up. The average GenZ person doesn’t care for buying a house, they want to just play pickle ball, go hiking and camping, go on road trips, buy the newest iPhone etc. Pursue their hobbies and passions.

Millennials, we are a funny basket case. We used to be like GenZ, wanting to travel to planet, become a digital nomad, etc.… But somewhere along the line, maybe because of Covid, we tried to settle down and buy single-family homes instead? Or condos?

Take it back to the beginning

I’m starting to feel like this is the early the Internet, AOL, AOL 3.0, you got mail, dial up 56K modems etc.

You got bitcoin!

I also like bitcoin because it is just easier to mentally and mathematically remember things. Easier to remember how many bitcoins you have on the top of your head, rather than trying to tabulate all the ones and zeros of all your fake fiat based assets?

Rather than thinking about your net worth, easier to just remember your net bitcoins; 

Whenever I find out that somebody else is into bitcoin, I have zero issues asking them how many bitcoins they own. Why? Because it is still a relatively new field, it is awkward to ask people how much US dollars they have in their savings account, or checking account, Easier to just ask the bitcoin question.

And for me, even owning a single bitcoin is like for me, owning like a square block of digital Manhattan or Kyoto. You know these rich families that own huge plots of land in desirable locations? Yeah, that’s like bitcoin.

The new digital Beverly Hills

A single-family home in Beverly Hills is what like at least 5 million, 10 million, 25 million, 50 million? 100,000,000?

My personal projection is if you tag the price of a bitcoin to desirable real estate in the Brentwood Hills or something, just think about what the land is worth for the Getty museum. Or like owning a piece of land or property next to the PCH in Malibu. But actually if you think about it, the value of a single bitcoin is worth 1 trillion times more than even the best property in Malibu. Why? The dangers of owning physical property, landslides, Robberies, general maintenance. The fear that your housekeeper is stealing your stuff.

For example, how comfortable are you leaving your $200,000 Rolex just sitting around? Probably not very comfortable.

Consolidate all of your assets into bitcoin?

Bitcoin is the new family jewels. Take all of your scarce desirable assets like your Rolexes, your Leica, your Porsche and just buy bitcoin instead.

Because once again , to have any sort of physical property in the physical realm is a liability not an asset.

I’m starting to feel more bullish, increasing my target price of bitcoin to at least $55 million a coin. Probably higher.

So if that’s the case, if you took a $10,000 Rolex, and sold it, assuming that bitcoin is around $95,000 of bitcoin right now, even lower at 89,000 of bitcoin or even $85,000 of bitcoin, whatever it may… Is massive upside.

---

611x

The $6 million Rolex?

---

Just funnel your inheritance money into bitcoin 

Once again, so many of these things are just liabilities. I hate the fear of having to remember where I left it, and whether it is safe, whether it was stolen or not or whatever. Rather than putting your scarce desirable things into a physical vault, isn’t it far safer for it to be in a cyber Vault, on the Blockchain?

The Blockchain is the new cloud

What is the Blockchain,? It is like the cloud on steroids, with 1000 X more security power and cryptographic security.

It took a long time for people to trust putting files on the cloud, or photos on the cloud, but now it seems like the obvious decision.

I think the reason why I like Coinbase is that rather than having to memorize some keys in my head and have a hardware physical wallet, and knowing myself I am quite forgetful, you don’t want to lose like $1 billion worth of bitcoin because you forgot your password. I think this is also where this is a huge opportunity for Apple; if we have all of our bitcoin passwords and keys linked to our iCloud account, certainly we will never stop purchasing Apple devices. Even bigger, if Apple makes their own bitcoin ecosystem to custody your bitcoin in your Apple ID wallet, This could actually disrupt the whole Coinbase market. Let us consider that most of us have Apple Pay already enabled, how easy would it be to just buy bitcoin directly from your iPhone using Apple Pay? And it could be simple, you could just buy 10 bucks here, 20 bucks here, 50 bucks here, 100 bucks here etc.

I don’t have an Apple credit card or bank account, but this seems like a good idea.

Let the markets go free!

I hate the weekends because the markets are closed. I would prefer a world in which my micro strategy stock could trade 24 7, 365, every day all day every day, on binance fidelity or something else.

Apparently in 1933, the way that the traditional stock market was structured was actually to legitimately create a cartel. This is like the almost the exact opposite of American values of freedom, self sovereignty and freedom.

Michael Saylor had a very interesting idea; why can you not own Apple stock directly on your Apple iPhone? There is nothing unethical about it. And technologically, we live in the year 2024 of course could be physically possible. Even the stock market is mostly driven by robots, you no longer have guys on the slips of paper. It ain’t like the Wolf of Wall Street. It’s like the wolf of cyber Wall Street.


Physical property has too many risk factors?

Even here in Culver City, kind of like peak LA, there are so many businesses which are getting shut down like even me and Seneca’s beloved shake shack, and even more shockingly today, chipotle.

If these trusted namebrand businesses are struggling in going out of business because we cannot afford to pay the rent or whatever… Isn’t this pretty bad?

And also, physical entropy. Once again, if you want a physical house, shit will always break and you’re going to have to be liable for it.

Intelligent rent leverage

If you have an amazing landlord who always fixes everything super fast, even put in brand new appliances for you, leverage and milk that forever.

Even we told our landlord that our washer washing machine had a little bit of rust in it, immediately sent in his team and installed a totally brand new Samsung washer and dryer , which might have caused like $5000 $6000?

Even another thing that was interesting, there were some palm trees which were growing on top of the roof, and he just sent in a team to get it all cut down and fixed up?

Even we had some issues with our electricity and water and water heater, once again he snapped his fingers and got it all resolved in a day or two, while me and Seneca having a fun adventure at the park.

Your Archimedes lever in life

For myself, my core competency is within writing thinking blogging vlogging etc.  from an economic perspective it kind of makes no sense for me to waste my time having to manage a home and fix things.

I would rather manage thoughts ideas, big visions?

---