When I was in Afghanistan I always wanted to buy an MRAP. Get a sweet paint job with spinners.

That being said, my first car out of college was a 1980 911 Carrera targa so I understand the desire. It is a fun car. Paid 10k for it. Paid much more than that in repair bills over the 5 years I had it.

Certainly practical. Could come in handy soon.

Even with my high net worth I bought an 1800 dollar car. Cars are bad investments unless you are trying to get some sort of business clients by displaying your wealth so that they will invest their money in you. Or to get a mate.

I say that because anything that takes a lot of work would require motivation to keep working as opposed to just sleeping in and playing video games. It would not be fair to anyone if I started working on something that I believe in then bail once I grew bored of it or something else took up my time.

I might consider writing a multiplayer seasteading video game. I worked on games in college and that was something I enjoyed doing voluntarily. But it was on my own schedule.

Congrats. I reached that point too a while back. My whole life I spent my energy on working on making more money, college, personal sacrifice, business ventures, etc.

Now that I make more with bitcoin than anything else, and I don't really need to make any more money for the rest of my life (though more opens up possibilities) it changes my life goals.

Right now I go to work even though I don't need to. I have zero motivation, especially working for the military industrial complex. If it weren't for the fact that I have no stress at work and I work in a very relaxed atmosphere I would leave. Other people stress...but that is because they worry about their future careers. Though going to work is ok because it gives me a reason to get out of the house in the morning.

Even thinking about things I can do with my life outside of work it tends to come back to working on something...which tends to be something that makes money. I need to figure out how to balance working on something that doesn't drain my funds and productivity while not worrying about making money off of the venture. Like I want to help with this seasteading venture and can contribute in many ways such as running their network or developing some blockchain stuff for them, but I keep thinking that I would need to get paid to do something big like that. But a small salary would only be symbolic for me, and a big salary would not be feasible. And if I wanted a big salary I would just keep doing what I am doing now.

First world problems I suppose.

I have been reading The Will to Power by Nitchze to kind of get into the heads of the bigwigs that I might start mingling with (and have already started to do) as more of a protective stance to not become an easy target. I will be delving into other books like that to get an idea of the mindset and to enlighten my mind a bit.

In 2013 I told my friends that if it hit $2k I would charter a private jet to fly us all to Vegas.

Now I wouldn't think of wasting my money like that when I can retire instead

I think the same way. I have a number picked out and say at price X I have Y dollars...so I can retire/buy a boat/etc.

Then when the time comes I start thinking of capital gains and writing a check to Uncle Sam for over $100k to go toward their war effort.

I have looked into every way possible of selling my bitcoins without paying taxes, even with the advantage of being overseas. The best I can do is take out $38k per year. Which means not selling.

And thinking about it more, I feel more secure having my money in Bitcoin than in anything else in the world.

So at this point, the price would have to drop about $2k for me to not be able to retire. And even then, I put aside this year's salary to put toward my first few years of retirement. So even if the price drops to $1k...in 2020 the block reward halves again.

So I am at the point of hodling forever (taking out $38k per year down the road).

Me now 

btw...new ATH on finex and stamp

Another weekend ATH?

Ok.

The current approach is a phased approach instead of the whole Waterworld thing.

Phase 1:
Set up a prototype in a Special Economic Zone in a friendly nation's protected lagoon. Work on some of the engineering challenges and other things that might come up but in a protected manner.

Phase 2:
Move 12nm out to sea. This has more wave activity which needs to be factored in but gives relative freedom from most of a nation's laws (like when you're on a cruise ship and you have to wait about 30 minutes until they're 12nm away from land before they open up the casino). You are still protected by the host nation and have easy access to the resources on land.

Phase 3:
200nm out to sea. This is where the engineering has to have everything taken care of for large waves and sea activity, but you are outside of any nation's jurisdiction and can be a sovereign nation.


The Seasteading Institute and their spinoff company, Blue Frontiers, are actively in talks with French Polynesia to implement a Special Economic Zone with French Polynesia. I went down there in May and had dinner at the president's house where he gave a speech welcoming us and telling us he really wants to have seasteading flourish in French Polynesia.

For a Tsunami, the safest place would be a seastead. Do you worry about homes on the coast due to tsunamis? Because that's who is affected. Out in the ocean the seastead just goes up and down.

That is what seasteading is looking to achieve.

Maybe not so much the cheap part initially though.

Should be an announcement coming this weekend that is pretty significant.

No idea. Like I said, living would be 3k per month not 300. When you start looking at higher costs it is more stuff catering to foreigners so the price can go up quickly.

My friend has a house with a pool and he figures 2k is enough.

There are several blogs of living from $300 to $600 or so in Thailand.

$600/month https://www.youtube.com/watch?v=v61xbAJoQVI
$500/month https://www.youtube.com/watch?v=NoEYAl7Bk5Q
$300/month https://www.youtube.com/watch?v=sHP1OrFUZFA

But I am talking mainly about the locals living on that much. My gf has a 3 bedroom apartment she pays about $180/month for. Food is really cheap. Most things are really inexpensive.

Btw. For anyone who was wondering, I did some research on capital gains (United States).

A single person can sell about $38k worth of bitcoins per year and pay 0% capital gains as long as you have no other income (twice that as a married couple). That's about $3k per month tax free if you can find a place to live on that comfortably (You can live on $500 per month in Thailand).

Basically, If you are 30 and plan to live until 85 you only need about 150 bitcoins to retire right now, tax free.

About 100 BTC if you are over 50.

I currently live in South Korea. Have not visited Jeju Island yet. Will definitely give it a try. I have not been taking advantage of the country as much as I should though...mainly sticking close to home. I don't know why.

Sadly for you, you don't understand that there are some places where all of those services are private and you are not forced to pay for them.

My water company, internet company, phone company are all private companies that I don't have to use and they have competing companies so you go with the best service for you.

Everything, and yes I literally mean EVERYTHING, can be taken care of privately without the government. Open your fucking minds and realize that taking money from people under the thread of violence is a pretty shitty thing to do. Call it theft, call it extortion, call it whatever you want...it's pathetic and wrong.

Who is John Galt?


I'm out.

When I am 90 and I don't know better someone might stick me in an old folks home. Hopefully by then technology will put me at being middle aged.