Why Bitcoin is the Trade of a Lifetime #Podcast

Bitcoin and cryptocurrency and blockchain in general present a once-in-a-lifetime opportunity to experience explosive wealth generation within an asset class that is set to not only disrupt the banking but also the legal sector.

Although investing in established asset classes are safer (e.g. stocks, bonds, and property) safer assets also have less potential for growth. It is unlikely you will make significant money in safe investments. Great wealth made quickly is normally achieved by ramping up risk significantly, e.g. through leverage or by shifting funds into risky areas, e.g. emerging and frontier countries as well as emerging and frontier technologies.

Blockchain is a frontier technology, a nascent market unburdened by excessive regulation or rent-seeking monopolistic entities. It will not be like this forever. We have already seen web, social media, and smartphone technologies becoming dominated by large companies that have laid in place the infrastructure upon which commerce in these areas operate, e.g. Google in web; Facebook in social media; and Google, Samsung, and Apple in smartphones. These three tech sectors of web, social media, and smartphones make up the bulk of the Nasdaq 100, an index that is now quite saturated.

Technocapitalism, Human Evil, and Sedation Through Technologically Induced Dopamine Spikes

I am a misanthrope because I hate people. It is not one particular factor that makes me disgusted with humanity but various factors. At work yesterday a colleague spoke to me about how he loves to go to the gym to build muscle so he can attract women. He is so superficial and status conscious that it disgusts me, and he is not the only one who behaves like this. This is normal behavior. If you are not working to make yourself appealing in the eyes of others, you are abnormal. You are not trying hard enough to get a promotion, get a wife, and have a family. Society and its cultural norms promotes conformity, superficiality, and a culture of appeasement and slavery.

Something I have been trying to do more of recently is to be more anti-social. I have a habit of catching up with people. I have lunch or dinner with various colleagues and friends, but often these catch ups are nothing more than bragging sessions for others to go on and on about how great they are. Many complain about narcissism on Facebook, but social media merely accentuates what happens in real life, and at least most social media apps such as Facebook allow you to effortlessly block or unfollow someone whereas blocking or unfollowing someone in real life is far more awkward. Nevertheless, I have tried to reject many offers to catch up with people. Sometimes I will just tell people directly that I don’t like something e.g. someone invited me over to a wedding, but I told her that I don’t like weddings. Sometimes I will just make up some excuse not go.

I hate being around people, but I cannot simply walk away from humanity because I need a job in order to build dividend income so that I can shield myself from humanity, so it is a gradual process. I need to learn how to be more assertive so I can be more anti-social so that I can isolate myself more, but at the same time I need to work in order to earn money, and I need to learn how to cope with being constantly exposed to the corruption of humanity yet not being affected by it by being fake and by numbing or sedating myself with technology.

I commute via train, and something that first shocked me about commuters was how fixated they were to their smartphones, but I realized that they are probably like me. Being around people takes its toll. You need to be fake, conform, and be a witness to the superficiality and vulgarity of humanity. When you walk away from work, you have a choice: dwell on it and hurt yourself more, or crowd out these thoughts by consuming something else from your smartphone.

Human history is marked by war and conflict. There is innate in humans greed and ego, and these emotions lead to conflict, violence, and oppression, which result in suffering and pain.

When you’ve spent your life trying to appease others and then when you stop because you realize that the opinions of others do not matter, then you feel an emptiness. You felt that life was all about impressing others, e.g. impress your manager to get a promotion or impress a girl to get married. But when you realize this is all a sham designed to enslave you, there is no point in your life anymore, and you must build for yourself a new reason for living. For me it is about escaping, being free, and being autonomous.

I need to learn how to clear my mind. I have heard that meditation is healthy because it allows you to focus and clear out distractions. I am mostly distracted either because I dwell on the evil of humanity or I am engrossed in stimuli that I have consumed in order to distract myself from the evil of humanity. I need to eliminate my exposure to humanity and then if thoughts of humanity emerge in my mind, I need to expel so I can focus on more important things rather than try to displace it with stimuli. The problem is that the evil of humanity is a potent stimulus, so to overcome it you need a stimulus more potent, e.g. pornography, and this is why I believe pornography is so popular. However, if you consume potent stimulus like pornography, you can become addicted to it. It distracts you from the evil of humanity yet it also distracts you from important tasks you need to do.