Why I love making money

All right it’s starting to ridiculous how much money I’m printing.

So, the first thing, this is the irony: I think I love making money, growing money, but… I hate seeing it go down?

Was that that means is, I think I’m really actually passionate about investing. That means, taking our hard earned cash, and seeing it grow!

Not gambling

Before bitcoin, investing in money management was all hocus-pocus.  for example, ever since Vietnam, 2017, I finally woke up and realized that it was all kind of a scam. Why? The critical issue here was that life before bitcoin, all of the avenues for making money was a scam because the bedrock for all the financial foundations was based on cotton candy, a.k.a., fiat currency, a faith backed currency in which some sort of nerd at a computer could just push a button, and magically inject $1 trillion into the economy.

the change

Anyone who thinks that bitcoin or like strategy or micro strategy is a scam, or a gamble… It’s like saying that you’re gambling on going on a airplane pilot flight, that every time you jump on airplane, you’re gambling your life.

No. A plane is engineered to fly. Aluminum flies.

However, imagine if you try to construct a 747 jet out of balsa wood. Then certainly with 100% certainty, you will die.

True economic science

Hard money. Come on… It is the year 2025, we’re like at the edge of flying jets, and already now… We have already always been living in the future, with autonomous cars, way more… It is kind of a modern day miracle And marvel!

For example, I remember the kid, the promise of a self driving car, fully autonomous without the use of a human being. Yet magically almost like one day… Within the course of like three weeks or three months… I see like a lot of Waymo cars in West LA every single day!

But then then happens is that we become normalized to this paradigm shift. It’s kind of like my initial marvel when I first saw cyber trucks. I would scream out loud to Seneca every time I saw a cyber truck on the road… But now, they are like the new Toyota Corolla’s.

So I think the great innovation of bitcoin and also strategy is that what if, carte blanche, from scratch… You created a totally new different type of economic foundation, once again, that is built on cyber steel, instead of straw? 

The three little piggies

I think a good analogy is the three little pigs. The one pig that built his house out of a straw, the next out of wood, the last out of brick. Certainly the industry of the brick pig paid off bigly!

Volatility is a gift to the faithful

I think with the whole bitcoin, MSTR play it simple; once you have the clarity and the conviction… In which you’re like 1,000,000,000,000% certain… Pulling the trigger is obvious! Obviously there is still a little bit of adrenaline rush, which is normal… But, if the adrenaline rush is pure, then… It is more about enthusiasm excitement and thrill rather than fear?

“Not fear, but simply a heightened sense of things?”

I think in life… Harnessing your enthusiasm is key. For example, my number one rule in investing in simple:

Spend like 1000 hours or 10,000 hours starting something, and once you have 100% conviction, go all in.

For example, let us say it’s like the 1920s, and then Henry Ford tells you about this brand new thing that he invented, called the automobile… And everyone else is in their horse and buggy, in Henry Ford tells you that this will change and revolutionize everything. Everyone thinks that you’re crazy, because they heard stories of these automobile cars exploding, killing all the passengers etc. But then nobody ever talks about how many people probably died similarly speaking from their horses.

Anyways, I think a telling sign of why Michael Saylor and MSTR and strategy is such a genuine approach is that I think I like the last hundred interviews that I listened to Michael Saylor last year, he never once mentioned his own company. In fact, I didn’t even know what micro strategy was until about like eight months in. This is a good sign.

Why? If you’re promoting a commodity like bitcoin, it’s like encouraging people to use electricity, or Wi-Fi. It is not something that is unethical, as it is a commodity that could be open to all. Kind of like Telling people to buy gold bars.

It is only unethical if you are in fact the issuing party. For example, if I magically had control over ERIC KIM coin, but… I had the power to issue or print more ERIC KIM points, then… I would not be able to promote ERIC KIM corn because in fact I am the issuing party. However, if I’m telling people to buy soy beans or green lumber, this is not unethical because I don’t have control over global soybean production.

Even if I was a bitcoin miner, me telling everyone to buy bitcoin would be fine because even if I owned like $1 billion worth of bitcoin money equipment… I am still a small fry. Like Michael Saylor says,

“The market is bigger than all of us.”

What is money anyways?

I think if we are creative, and if we have the courage to expand our definitions, what that that means is we should expand our minds.

Probably the number one benefit of studying sociology is considering and thinking… To challenge paradigm shifts, to challenge new norms.

For example, do not just take standard narratives as they are, but to always challenge everything!

For example, challenging what these skinny fat loser economist say, challenging standard economic narratives from old fat over fat investors, who are diabetic.

Also, not giving fellatio to the sages of the past.