This is a one way ratchet… No no no, I don’t think they will ever reverse the tariffs.
The magnificent seven, the top tech 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 less profits. Less growth more stagnation.
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, cyber. Not physical products, but digital ones. For example bitcoin, which lives in cyberspace, without borders, 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.
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 USD stablecoin 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.
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. Trump 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?
I actually thought this was very bizarre… who does free trade even benefit? Stock owners, oligarchs from America and mainland China etc. 
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?
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.
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.
Also if I could tell you with 100% certainty that bitcoin would hit $55 million a bitcoin, in 15 years, or 20 years, wouldn’t you just pour all of your life savings into it? 
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? 
Hilarious he shares my first name! Eric Trump 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?
In an excellent talk by Phong Le, the CEO of Strategy, at the MIT bitcoin conference (blog post) (download link), 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.
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.
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– at the end of the day, 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 Saylor 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.
Buy the dip! Buy BTC if you got money, buy MSTR for your Roth IRA or traditional IRA, use coinbase to buy bitcoin, and also a new thing –> finally on my account they rolled out the ability to use your bitcoin as collateral to send you “rent“ out your bitcoin, –> so I was able to post 2.5 bitcoins for $100,000, in about a month ago I used that money to buy MSTR stock, which even after black Monday, is still in the green!
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Think more, walk more, lift more, eat more, sleep more, and seize today!
ERIC
BITCOIN BY KIM >
Introduction to Bitcoin >
In other random news, … looks like Fujifilm has taken the throne! Their new RF GFX camera is inanely epic ,,, like the new Lamborghini Sterrato, whereas the Leica becomes like the new Toyota Corolla.
Buy Fujifilm ditch Leica!
ERIC
ERIC KIM BLOG >
