Alright, what do you say we get right down to business? So it’s been about two weeks since I’ve been emancipated from my corporate overloads. I have to tell you, once you’ve tasted freedom, it’s going to be tough to ever let it go. Even though I could its possible, if necessary, I don’t think I’ll be returning to that kind of life at least not anytime soon. To be quite honest with you it’s the past it mine as well have been a hundred and fifty years ago and I’m over it. The hamsters there can keep that corporate cage and the hamster wheel within it, I prefer a treadmill. Don’t get me wrong, I’m dissing anyone who lives that life, I’m just saying this feels really good. That’s one of the reasons I bought a hybrid is that if I really needed to, I could do some gig work. Since I live so close, I might get a job at the airport just for the flight benefits. Right now, I’m not even considering that. It’s been a real blessing to all of a sudden to have all this time on my hands. Time is more valuable than money, depending on how you use your time. After all these years of always being in a rush. A girlfriend I had a while ago used to say I reminded her of the rabbit in “Alice in Wonderland”. The one was always running around, looking at his watch, saying: “I’m late, I’m late”. That’s how I felt, too, because even on your days off. You have to get everything else done. As you all know, someone like myself has a lot of different extracurricular projects on their plate. So even with all my PTO days, I was still really strapped for time trying to get everything done. It's been nice over the last few days to get all the stuff done that I'd always say I'd do when I got some time. When you're working when you're not at work, you're pretty much just getting ready for work. Now, if I have to stay up all night, that's not a problem at all. As of now, I’m officially on the road to becoming a full-time day trader, among other things. I am a multilayered, multifaceted person and there are many levels to my plan but they all connect. As far as day trading goes, if I’m devoting the majority of all the time and energy that was going to that job, into mastering this new skill. I really don’t see any possible way that I won’t succeed.
Chapter 1: D!g!taL @$$ets
The preface to this discussion is that this is an actual solution. While others only offer rhetoric and bluster, this is an actual path forward to improving your quality of life. This is a pathway to a real, practical solution for ascension from a life of mediocrity. You don’t have to sit and spectate while the top ten percent’s wealth balloons at an astronomical rate. You can participate, this is allowed. Do you really think there's a political movement that’s going to come along that’s going to help make your financial situation better? It’s possible my mom told me some good things about Jimmy Carter, but I haven’t seen it in my lifetime. What about religion? Will that help you improve your finances? It’s possible, one wise choice usually leads to another and vice versa. As an analytical person and a student of human behavior. I’m going to be very blunt and honest with you. Human beings are social creatures. God made us that way, and they go to their respective houses of worship to see their friends. That's what religion is fundamentally all about. Living a good life and having a lot of friends and there’s absolutely nothing wrong with that. But since I get to see all my friends every time I look in the mirror. I am spiritual but not overly religious, and quite frankly, I’m somewhat suspicious of people who are. Since I want to see all my weoples B@LL!n with Gor!LLa Scr!LLa , let me break it down for you.
This may seem basic to many of you out there, but there are a lot of people who need to hear about this. Mainly, the youth who are just starting out on their financial journey. The future tycoons, nobody sat me down and had this conversation with me when I was young, and I wish they had. Also, this is for those who are just uninformed. So let’s talk about assets and why you need to own them. Let’s break down this word we keep hearing over and over again, “Inflation”. Mostly, it’s another way for corporations to screw you over and overcharge you for their goods and or services. The simple definition is the rate at which the dollars that you earn decrease in value. In the last several years, since the COVID pandemic, inflation has been really bad, so they keep talking about it. It’s kind of like a political football both sides use. During this time period, describe the economy as K-shaped. Meaning, while the richest segment of the population's wealth is growing at a staggering rate. While the rest of us are not faring so well, and many are struggling just to get by. Let’s analyze this whole situation and determine why. Besides the enormous amount of money that they possess, the main difference between the very rich is what? It’s our word of the day: “Assets”. So while the value of the dollar continues to go down, the value of their assets continues to increase. Let me also add that, regardless of how good or bad the inflation numbers are, the overall value of a dollar will always continue to depreciate. Also, economic indicators suggest we are headed towards hyperinflation. Regardless of the indicators, this is not a hard situation to predict. This is actually the natural cycle government controlled fiat currency. This is not my interpretation, this is a historical fact. Fiat currencies continue to devalue over time and eventually they crash and fail. There’s usually outside midgating and geopolitical factors involved. But it happens to every nation at some point. Am I saying the dollar bill is going to crash tomorrow? Not at all, I’m saying the value of your dollar will continue to go down and eventually will crash, usually due to the manipulation by its government. If not for the petro-dollar, this probably would have already happened.
If we are going to take the advice of emulating what the successful are doing. We need to own assets. Lots of things can be assets, so what should we own? The number one asset most people invest in and that serves as a good store of value is their home. This makes a lot of sense. Housing is the number one issue, especially in California. If you're going to have to pay rent anyway, it might as well be going towards something, right? There are a few things we need to consider before we go house shopping. First off, that is a major commitment and life decision. Many people are not in a position to even consider that any time soon. A lot of people don’t even want to be tied down to a house and a job. Many are opting for alternative living arrangements, such as tiny homes. Another thing we have to consider in this day and age of climate change is that this fixed asset is increasingly becoming more of a liability. Wildfires, floods, hurricanes, and hail the size of grapefruits. Which I believe is an actual biblical prophecy. It’s even so much that your property may be destroyed. It’s the fact that insurance is becoming so expensive. Unless God forbid a disaster strikes you never actually benefit from those resources that go towards insurance. So, for someone just starting out on their investment journey, there may be a smarter way to allocate and invest those funds for greater future prosperity. Which brings us to the subject at hand, “digital assets.” What are digital assets? That’s actually a broad term. Generally, we are talking about digital money, but it also includes many other assets, such as digital art, virtual real estate, collectible NFTs, and Tokenized Real-World Assets (RWAs). Today, our conversation is mainly about digital money = cryptocurrency.
A while ago in this blog, I said that slavery never ended, it was expanded to everyone. Let’s begin our discussion today by talking about a couple of the main pillars of modern day slavery. It’s quite an ingenious, sophisticated system they have implemented here. It’s so sophisticated that most of the slaves just accept it. Whoever designed this system most certainly had an extensive, profound knowledge of human psychology and behavior. It’s almost as if it were designed by someone who has studied humanity ever since its inception on earth or on whichever planet the race of man may have first originated on. It is usually human nature to accept one's reality, no matter how unjust and unfair it may be. No man or woman is truly a slave until they accept it in their mind and heart. Only then do they truly own you. Because of how our ancestors originally formed tribes. Most human beings fall into the category of a beta personality type. It’s a misconception that it is a bad thing when it is not. Betas are the vast majority. Because they generally move as one. They are like the tide of the ocean. He who can control the tide can control the world. Human beings are very predictable and never act outside of their personality type. Understanding this will greatly benefit you as an asset trader and investor. Because it becomes very easy to predict the outcome of current events. Sometimes I wish human beings were not so predictable. Because every time I walk into a group dynamic, I already know what’s going to play out, I think to myself, maybe it’ll be different this time, and it absolutely never is. There is nothing wrong with being an Alpha, or whatever personality type you are. That’s just who you are and the role you’re supposed to play in society. Alphas are the most predictable and insecure people on the planet. I am starting to believe that in modern society, Alpha’s should not be in charge of anything that doesn’t involve interacting with a ball. Or beating the crap out of each other in a cage, in my opinion. I absolutely mean no offense by that. Maybe in prehistoric times, when we had to hunt woolly mammoths and fight sabertooth tigers to the death. It was good to have an alpha in charge, but nowadays, let’s just say I have my questions. But they are actually not as important, or even as interesting, as the betas because the betas are the vast majority. So let's talk about them. Fortunately, there’s not much to discuss. All we need to know about the betas is this. They will always choose the path of least resistance. Even the Bible teaches this, referring to people of the world as sheep. Jesus said he felt bad for the people because they were like sheep without a shepherd. Even my personality type which I am neither alpha nor beta. Only seeks to serve a purpose as a role player to benefit the team. I know this may seem like foreign concepts to the Alphas, but we have no interest in seeking power, competition, authority, or control over others. To us, these things we find no value in and are meaningless and, quite frankly, are an unnecessary stress in life. We only find fulfillment in serving the purpose of the greater good. In the event that we are unable to fulfill that purpose. My personality type will choose isolation every time. My purpose in telling you this is to let you know that I am no revolutionary and I have no interest in such things. There are better ways I can imagine spending my time if you catch my drift. But if there is someone with such motivation, common sense, and a good plan. I’m down for the cause, I’m here to help. That’s why this system of salvery works so well. Because most human beings are just going to accept it and are not going to challenge the status quo. Especially if there is no leadership there to show them otherwise. Now don’t get me wrong I am not trying to be overly negative here. I gladly admit that things could be a whole lot worse. What I am doing is being very realistic and blunt. So that for those prospective future tycoons out there. I can start to break through the slave mentality.
One of the main pillars of slavery in this country is healthcare. By having healthcare tied to my job. I am not free to leave and pursue my own aspirations on a full-time basis. Because you need health insurance. If you don’t have it, if you get hurt or fall ill. You’re going to die or be financially ruined. Let me say this that I would not be so critical of our healthcare system if it yielded spectacular results. It does not, statistically it is a failure. That is not a criticism of healthcare professionals, in which I was one for the majority of my adult life. It’s a criticism of a system that has failed those it was supposed to serve.
The next pillar of slavery is the dollar. But not just the dollar any fiat currency controlled by a government anywhere in the world. While no, I am not working for free. How else do you define paying me in currency that depreciates faster than I can earn it? I’m not saying fiat currency is the enemy of mankind. I’m just stating facts, and I’m actually in the process of making the argument for the exact opposite. What if I told you that there was a currency that instead of only ever losing value, it only ever increased in value. What if I told you that there was currency that cannot be printed in infinite amounts and that currency was finite, and there will only ever be a limited amount in existence, and this currency actually uplifted those who owned it instead of oppressing them, and since its birth on its lifetime chart, it's been the greatest performing asset in the history of the world. Am I saying this is a competition to the dollar and its replacement? No, I am telling you this is the savior of the dollar and all fiat currencies. It is its counterpart, its spouse, the yin to its yang. The counterbalance that invented itself from nothing. Out of necessity to avert what would otherwise be certain societal collapse,
Warren Buffett
I would like to begin the discussion on digital money by addressing the pink elephant in the room. So, I, someone who is fairly green in the world of investing and trading, just wrote a paragraph singing the praises of the primary digital currency. Meanwhile, some very prominent, extremely successful investors have been very vocal in their criticism, openly saying very negative and derogatory things about it, and have refused to include it in their catalogs until as of recently. Most noteworthy of whom: “Warren Buffett.” First, let me say Warren Buffett is a man whom I have immense respect for. He is an inspiration to me and millions of other aspiring investors from all walks of life from around the world. He is the leader of our thing. He started from nothing. not a silver spoon. He is one of the most successful people in history. At the same time, he has always seemed to stay grounded and relatable, like rich, great-uncle Rupert Horn from “Brewster's Millions” that we all wish we had. It wouldn’t surprise me if the Richard Pryor adaptation of that film took some inspiration for that character from him. Due to the fact that for so long he held the title of the richest man in the world. Also, him being such a philanthropist. The movie was about him giving his great-nephew a $300 million dollar prize. Granted, that was a lot more money in 1985. Still, Warren Buffett gives that much money away in his sleep. Also making his relative learn a lesson about money before he got his actual inheritance. Sounds like something Buffett would do. To have that level of talent, success, and money without becoming totally corrupt and evil. That’s like almost impossible for a mortal human being to achieve. I question some of the people on his level. Not saying that they themselves are corrupt and evil, I don’t know, and to be honest with you, I’m not interested in them enough to spend the time trying to find. But it seems like in their minds, it’s just never enough. I’m over here like, “Why are you suing this guy for a 100 billion dollars, when you already have like a trillion?” Is it really going to affect your situation that much if you have an extra 100 billion lying around? If not, are you just doing this out of spite? That seems somewhat trivial for the richest person in the world. As the richest person in the world, do you not have better things to do with your time than sit in court? I hate court. Right now, I could think of a thousand different things that I’d rather do with my day besides going to court. Especially if I were the richest person on the planet. I think I would probably be Batman or something like that. Sometimes, you have to go to court, but I'm not going to be filing lawsuits just to prove a point. If I want to have a spirited argument that's never-ending and goes nowhere, and the other person will never admit any fault, there are numerous relatives I can think of to call right now. These are the questions that haunt me and keep me up at night. Actually, they don’t. I really don’t care. I’m just trying to make a point on how different Buffett moves compared to these other ultra-wealthy dudes. In my opinion, I credit him with finding the love of his life and his soulmate early in life and for keeping him balanced. He never allowed himself to acquire a taste for excesses. He’s not mentioned in the Epstein files, and that’s notable with him being so closely tied to that world of finance. As a sidenote, prominent 80’s figure and Megastar “Prince Roger Nelson” is not mentioned in the Epstein files. The bottom line is this, the force is strong with Mr. Warren Buffett, but by the grace of God and his wonderful wife, he was able to withstand the intense pull to the dark side. Their entire fortune is committed to charity, leaving no inheritance to their kids. I read about his daughter asking him for a loan to remodel her kitchen. He said no and told her to go to the bank. At first, she was mad, but over time, she was able to realize it was a wise decision. All of his children are very grateful to him, for instilling in them such a strong sense of financial discipline. But Warren Buffett doesn’t support digital money. But why? And what motivations might he have to say such things? We are going to do what we do and psychoanalyze and explore some more.
When it comes to Warren Buffett, his CEOs, and close associates, and how they have portrayed Bitcoin specifically and all of cryptocurrency in general in a negative light. There are a few different elements at work here, and it is not very difficult to see through it, in my opinion. You will hear many crypto influencers jump straight to the obvious. When they say he’s four hundred years old. He’s old-fashioned and he just doesn’t understand what it is. There may be a kernel of truth to that. I personally don’t subscribe to that train of thought and here’s why. Warren is actually a certified genius. In a day and age when that term is thrown about somewhat frivolously. People will refer to this certain person and say he’s a genius. I’m like, no, he’s not. As a matter of fact, he’s kind of an idiot. Or this guy is a genius and I’m like he certainly has a lot of money. Which absolutely takes some degree of intelligence. But genius is quite a stretch. Unless they are a wrestler cutting a promo, beware of anyone who refers to themselves as a genius. It reminds me of that joke, where there are four people: the pilot, the Pope, the smartest man in the world and a bum, on a small plane that’s lost power and is about to crash. But there are only three parachutes on board. The Pope grabs the first parachute and says: “The world needs me, I’m the Pope,” and jumps out of the plane. Next, the world’s smartest man grabs the second parachute and says: “The world needs me, I'm a genius, and jumps out of the plane. Then the pilot says to the bum: “You can have the last parachute. I’ll go down with the plane.” Then the bum says to the pilot: “Don’t worry about it, the smartest man in the world jumped out wearing my dufflebag.” Anyways, I digress to get to the point. Warren Buffett is actually a genius in the literal sense of the word. Also let’s break down some of these other billionaires' wealth. A lot of these guys, who are richer than Warren Buffett, are only richer on paper. Due to the amount of stock they own in their own companies. In many cases, it’s an overinflated stock evaluation. Buffett’s old school mentality tells him that Cash is King. Which is actually still true, and his company probably has the most actual cash on hand. So to say that he doesn’t understand this new type of currency. I just don’t believe that. Like I said I don’t think it’s very hard to explain. So let me break it down for those who may be a little confused and can’t see through this pretty obvious diversion. First, to say that the greatest investor who ever lived missed out on the greatest investment that has ever existed. There may be a little bit of embarrassment going on here. Just imagine if he had bought 10 million in BC when it was 3 cents. We wouldn’t even call it Earth anymore this would be planet Berkshire Hathaway. Let’s talk a little about how Warren Buffett went from rich to wealthy. He originally started out buying insurance companies. He even describes buying Berkshire Hathaway the textile company. As the biggest investment mistake of his life. The original owners of the company slighted him on a business deal. So, out of anger, he led a hostile takeover of the company. A company whose business was in decline. He has said that had he would have invested the hostile takeover money into his insurance businesses. To date it would have made him a quarter trillion dollars richer in addition to the $150 billion dollars that he has now. So even in his mistakes we can learn valuable lessons. First off, no investor is infallible and has a 100 percent record. Second, we DO NOT under any circumstances invest with our emotions. Third, and we spoke about this earlier, the insurance business model scheme. He realized early that if anybody is going to be getting all this money for nothing, it’s going to be me. And what does Mr. Buffet do with all this free money he gets from your insurance payments? He invests it in the markets. So I am trying to get new investors to consider that if you would like to skip the middleman. Of giving Warren Buffett your money to invest to make himself wealthier. You can instead take that money and invest it for your own benefit.
So, we have established that as much of a genius as he is. Warren Buffett is not infallible. So right off the bat, we can take his skepticism on cryptocurrencies with a pinch of salt. Another point I consider relevant is that crypto emerged only about 15 years ago. It caught many people off guard. Most analysts thought it wouldn’t last. It’s this brand new thing that is a huge deviation from what he and many people are used to traditionally in the markets. This threatens the status quo and to him and the rest of the establishment this may be a little bit scary. The next thing we need to consider is this if he in fact does not understand what digital money is. The reality is, he doesn’t have to. He’s already won, he’s done his thing, he really doesn’t have to learn the newest dance craze. What he is doing now works extremely well. So if his strategy is not broken, don’t fix it. But, that does not mean that his strategy is the only path to prosperity. In this world of trading and investing, there are hundreds of different strategies that you could possibly implement that could in fact yield you a significant amount of success. Whichever strategy you choose to implement is greatly based on the level of the game you're on and the amount of resources you have to invest. Warren is literally at the pinnacle of the game and has unlimited resources on hand.
One of the things I’ve heard a lot of crypto detractors say is that it is not based on anything. First of all I would like to say that is simply false. My reply to those people is: “What is the actual intrinsic value of a piece of paper?” There are hundreds of different digital currencies. In the near future there will be thousands. They are all different, they are not all created equal. Before you invest in anything I would strongly suggest that you do extensive research on exactly what it is that you are purchasing. If you do not understand what software is and what a protocol does. This is probably not the right investment for you. Stay in your lane invest what you are comfortable with, but remember: “Fortune tends to favor the Courageous and Bold”. I would like to address the environmental issue. Since I do consider myself to be an environmentalist. The environment is the absolute number one issue. I equate what some industries are doing to turn a profit to burning your house down for the insurance money. Sure you have some money, but now where are you going to live? Point being we have to protect the environment, the earth our home and all the creatures upon it. Some have said that, due to the energy consumption, the cryptocurrency industry is detrimental to the environment. My response is: “Compared to what”? The traditional banking system that is even worse in that respect and terrorizes people worldwide. Still, they may have a valid point. But that doesn’t mean walk away from a game-changing technology and throw the baby out with the bathwater. We are smart enough to figure it out. I believe the technology already exists for a much cleaner energy system for the whole world not just a particular industry, but it is being suppressed by some very powerful individuals.
The necessity for an alternative moniteral system is already a proven concept. Fiat currencies have collapsed in many different countries worldwide. For a wide variety of reasons. Think about the people in those countries. They still have to live and go out and buy things. Bitcoin has already saved entire civilizations from total collapse when their currency has failed. If you can’t see the value in that I don’t know what to tell you. If you think hyperinflation can’t happen here. You haven’t been paying attention for the last several years. By now, you should know that it is not my intention to trash Fiat currencies. I’m saying the opposite: it’s great that fiat currency now has an anchor to save it, and that we have an established, proven alternative in place in case of emergencies, and that we have more options to store and increase the value of our money. One of the key characteristics of digital currency is its wild volatility. This very volatility may not be very attractive to an investor with the mindset of Warren Buffett. He may not like the idea of his investment swinging up and down to the tune of 10’s or even 100’s of millions of dollars during the course of even one day. But for new traders, like myself, that same volatility is a dream come true, it’s our “Bread & Butter”, and it’s how we “Manifest Money” out of thin air.
