Spend money to buy a piece of memory (history).

When we go to buy a piece of memory card, we are spending money to buy a piece of memory, to
keep the memory alive.

Because the memory is very important and shouldn’t be forgotten. We keep just the important piece of memory into the memory card, to preserve it for many generations to come. We unconsciously and involuntary contribute to the “cult”, although we never talk about it, we don’t even know what we are doing when asked, and nobody tell us it’s what we need to do.

It’s identical to people pay a big sum of money to bury the ancestors, spend on the tomb and grave yard, and every year spend money to pay tribute to ancestor, pay to safeguard the tomb from intruder, tomb raider etc. Paying the money to keep the memory alive so that people would remember the bloodline existed and there is the tomb to prove it. I don’t know what’s the stubbornness on it, government would not hesitate to confiscate the piece of grave yard, to develop new city, but most of the time they would failed because money is again spent to lobby against grave yard confiscation.

Another example is bitcoin, it’s in fact we are buying a piece of memory (history), we keep buying bitcoin because there is history behind bitcoin and to keep this history alive and not forgotten due to time elapsed, we need to spend money to keep it alive. (Although CB won’t stop mocking about bitcoin is as dumb as collecting stamp and it create no value but high energy consumption). If we stopped spending money on it, time after time, eventually everybody would forget this piece of history, when the money on the bitcoin dried up,  the memory of bitcoin on people would also be diminished.

Also the library full of books. It’s also build to serve as a piece of history. And money is spent to keep the books clean and readable.

Pyramid, church, mosque, ..., a piece of memory.

Retro-game cartridge, cd, dvd, tape, vinyl disc to keep a piece of memory.

Stamp, painted art, statue, ...

Of course each memory has it’s own ranking, the ranking is measured in term of money, the highest priced memory would be more important than the lower priced memory.

The motivation on buying a piece of history?
But what’s the point of buying a piece of history? Because it’s a mistake. When the price is low, people would not pay attention to the story. Money is spent, to keep the price high and keep the memory alive, also to attract the attention, this piece of memory contain the mistake that has to be remind again and again, if the memory is lost, then the mistakes would be return again, to prevent the mistake from repeating itself, money has to be spent to keep the memory alive, then the memory would serve as the reminder, to set as a precedent, to not repeat the mistake again.

But what’s the point of this topic? This sound so foolish. There is so much memory to remember, nobody have so much time and the interest to learn all of them, also many of them are partially forgotten and can’t tell exactly which is the real piece of story, other than it’s very highly valuable piece of artefact, thus people won’t stop the habit of spending more money on it despite it’s a waste of time and money.

It become apparent, it is pointless to stick to the old history and never make any progress, but it look to me each generation has their own piece of history that they would spend money on, (to keep the history alive), so I believe it’s wise to spend on just the piece of memory that matter to you alone the most, because nobody else would give a damn on your life except yourselves, also they won’t care about your piece of history that you spend money on and care so much about, you want the memory to live on you pay the price and don’t expect someone else to pay for you.

Due to the nature of inflation, it become more expensive to store a piece of history, people from the ancient old day store the memory by drawing art on the wall, but with thing getting more expensive, storing memory on paper is invented to save resource, money and time, but today the memory is stored in the tiny bit of memory chip, (yeah pdf is replacing real physical books) which is both cost effective and time saving, in future it might have to be stored on subatomic medium. But not all are bad news, due to thing getting so small, it become easier to carry the memory around, to distribute the memory, to get the words out, the point of memory is created not to be buried into the earth crust, memory is created to broadcast to as many people as possible. It’s also convincing enough smaller memory are much more fragile. Comparing the paint on the wall and a books and memory chip, paint on the walls can last many thousands year and still readable, books is fragile but could last a few hundred years too, memory chip is arguably a lot more fragile, corrosive could eat into it and bit rot to destroy the memory, they may not last more than a decade.

Financial advice? Price goes up, we are in for the money... who care about the story. We just want the reward, minus the efforts to get it!
What exactly is all the fuss about NFTs? Storing jpg? It’s in my opinion, the intention to buy a piece of history, but it’s nothing more than replicate what exactly the rich guy did, they paid top dollar on painted art, bullet, gun, for no obvious reason, but price keep going up. And conveniently scammer took advantage of the hype and sell it as an investment, promising the price keep going up and investor could make profit, while unscrupulous investor has no idea it is a snake oil.

Happy ending memory?
Regis McKenna once said, the best marketing is education. Steve Jobs agree. There is a time a gold rush that create happy ending memory to some people and make many people rich, it was the time they’re indulged on the easy money that come without taking much efforts, soon enough the parent decide to pass down the happy ending memory they once enjoyed to their kids, and they begin to tell kids to follow their path, they go to school and get good grade and by the time gold rush is on the hype they board the boat and make a happy ending life, so every kids must remember their history of happy ending memory, and reproduce the same result, or they would be deemed as social rejects, so guy must all go to work as teacher, accountant, doctor, lawyer, these are proven a career working for them during the gold rush, it should work indefinitely no matter when the time we are born, it should work... time would tell the answer.

The new world order?
Migration, career shifting, has take the world by storm, new world order, become social influencer but not to be lawyer accountant doctor or teacher, making video and your very own channel for your very own audience, youtubing, electronic sport(?), would internet gold rush come to an end? Nobody know. But the new age is still very young, there should be plenty of opportunity to make.

Whatever the memory or history is, if you run out of coin you are game over!
When your history run out of money, it’s game over for your history, when you run out of coin you can’t play the coin operated arcade video game anymore, and you would be served with “game over” splash screen. Hence, do not run out coin! To keep your memory running. Obviously the richer you’re, the longer your history would last, rich guy want their version of history to last forever, they would do whatever to get more money, breaking laws, bending rules, to keep their history alive, for generation upon generation.

Chicken and egg, what come first?
Let’s follow the advice, so how to make money? Just listen to the advice of filthy rich, follow whatever Warren Buffett tell us to invest, it would never goes wrong, it’s fine! Yeah, just learn to code, and be programmer, it’s lead to happy ending! Just be lawyer accountant doctor, be rich dad just like them, the advice always work.

Anything else to add?
Some called buying stock is akin to buying a piece of ticket to a circus show. Obviously a real circus show would only last as few as a few hours and after the show is over, the ticket effectively become worthless. But stock market circus show last for much longer time, many years, the clown on the circus show has to keep playing the show to entertain the audience, and the price of the circus ticket may worth more, if the clown quit then the circus show is finally over, when the company goes bankrupt, or CEO quit the business, it’s the end of circus show, you can toss the ticket to the dustbin. So do not quit, keep the circus running. Time may be changing, word maybe changing, ideology may be changing, terminology may be changing, scam may be changing, but the final goal seem to be roughly the same, the end goal is to create memory, which also spend money.

Have fun reading.

I smell survival of the fittest. And the strong is the rich one, the weak is the poor one.

That sound about right. SBF probably couldn’t return the money that’s taken, since the jury has demand reimbursement but SBF refuse to refund. Btw Elon might have all the money to repay if the jury has demanded it, that’s the difference, after commit crime but have no money to return= goes to jail, after commit crime but have the money to return= legal. That can be related to grocery robbery, the robber took the item from grocery, and the robber consume the goods and have no means to return it once got caught and charge with fraud.

That’s quite shocking, despite all the charges against him, he is immune to laws, much like Bill Gates, even Melinda Gates has to divorce him for what he did but laws won’t judge him for his action.

I like what you described here, SBF took money from users in FTX, that’s also what crypto does exactly, we are also going to jail soon, since we are too taking money from someone else. But when we did what Elon did we are not going to jail? Because Elon didn’t take money from someone else. Interesting!

SBF get prosecuted, Elon got away from laws, why double standard?

SBF selling share of FTX company, Elon selling not only one, but three company of the shares, his tesla his spacex and his boring company. But only SBF go to jail while Elon wouldn’t stop making more noise to distract attention.

Why is the double standard? The laws are made to protect the born rich billionaires? What’s the dark magic that Elon pulling to fool the entire legal system? Is it the money that’s empowering him and even to above the laws?

For quick brief, Elon sell Tesla share to fund his twitter acquisition. There is buyer who bought all his share, that buyer is the taxpayer, taxpayer pay the price of the Twitter acquisition. So you wonder how would taxpayer pay the price when nobody is paying taxes? Look at the grocery items you buy on the market, toilet paper food meat vegetable pizza..., the price increased more than twice in two years that’s exactly how you pay the price as a taxpayer to fund the filthy rich and to even break the laws.

Heh, look careful who you are facing before you, they’re apparently the casino kingpin, they’re basically the “HOUSE” in the casino called stock market, a solution to beat the HOUSE??? Do you not know how many guy ended up commit suicide trying to beat the HOUSE in the casino on the Las Vegas? The more you try to fight back on his own casino the more you get hurt and the more the HOUSE gaining traction! They’re the living big BULLIES in the Grunch Of the Giant. Apparent we try to ignore them as much as possible but the attention they made is all over the place, they basically asked us to pay taxes on top of crypto, first they shame us and called the crypto currency is a rat poison, but they’re now bend over the crypto eventually but instead acting like the parasite, demand taxation on crypto gain! The big BULLIES never ever give us a chance to breath some fresh air, yet fighting the HOUSE is inevitable a futile effort. What to do? Kill myself and end the suffering now? Hehehehehehehe.. I nee to whining and ranting about some BULLIES.

Well of course it’s not, how dare I talk bad about the guy who give me a job and pay me decent wage for a carefree life... joking aside... I can’t believe he wouldn’t have the capability to pull this off with all the drama going on.

I can’t believe guy today would still paint a good picture about a bad guy, didn’t people forget he single handed rugpull the entire crypto market, for his own selfish reason too, I’m not entirely sure how many people got screwed real bad, although I could escape that trap and still got harmed real bad too tbh, there is many thing he did that’s totally for his own benefit, he also betrayed his own friends may be due to sole conflict, btw I dunno Thomas Edison personally or what a decent guy he is, by the time during his prime age there isn’t much high speed information to read, but we can clearly see what a “decent” guy Elon is without delayed.

That’s what Craig Wright think exactly, he would have never need to spend so much time and money on legal proceeding to prove himself the real inventor of bitcoin, but instead of just signing his own private key, he rather go the long miles, alternative and spending a hefty on legal fee to prove something... well worth to to him, because the noise is bigger and louder and reach far more audience, and more people get the news about Craig Wright create bitcoin, the more effective the marketing power is, and foolishly we all believe he is the hardworking guy. It’s honestly the price worth to pay for to convince the boss who pay you hundred billions more in return.

This type of misconduct and malpractice is very common in investing forum, I’m also unable to decide whether it’s part of the economics, but in the economics book, discussing social problem is not completely not strange, if you read the freakconomy book, you would see the author even goes as far as talking about prostitution, drug cartels, thug life, but what is sex has to do with economy? I am not entire sure?!

I’m sick of the politics today... thief stealing from grocery store, send to jail,... rich guy steal from the nerd and poor, rich guy is innovator very good guy... what give?? Who cause the 2008 subprime market crashes is it the grocery thieves? Who cause the 9-11 incident is it the grocery thieves?? So who cause the south sea bubble?  I’m not advocating thief, but the reality that stealing small is crime but stealing billions is morally justifying is itself make me sick of this world.

Of course there is no doubt Elon Musk is doing more good than all other fifth rich guy, look thing is all about relativity, he is relatively better than the other guy, so do you have a better system than this one, of course there is no better system, relativity system is so much better than having nothing.

The dark secret behind Elon Musk twitter purchase, he need to make himself “look” very busy, or ...

some authority would come visit him and lecture him for having no work. As usual rich people like Elon Musk do not ever work hard in his entire life, he just leeching on whatever money he can get from his company, but his fear of getting visited get the best out of him. It’s hard to prove himself very busy, by using twitter he can make a lot of noise on the website and that can be used as a solid and powerful proof to show he is indeed very busy, as you know in the office politics lazy employee always make the loudest noise and steal every contribution he can get, most often lazy guy just using nerdy guy for his very own benefit, the nerdy guy work very hard while nerdy guy are absolutely unsociable, the lazy guy instead is very sociable and take full advantage of this phenomenal and use the nerdy guy and his hard work, include them into his resume and convince the boss that he is indeed worked hard for the company and deserve to be praised, the boss had no choice but to accept the falsified credits, in the end the nerdy guy loss the job due to his contribution got stolen, and frustrated by the office politics also boss do not recognise his hard work, all his hard work and time invested to the company go into veins; while the lazy guy got the best out of the deal and promoted into high rank executives and continue to steal from the inside by preying on the next new wageslave that’s freshly come out of the school who know nothing about dirty foul play on the office.

“You may loss 10-50% on property scam, but not 100% total loss unlike in stock market” I can’t rule out there is foul play on property, and tbh the scam is rampant in property transaction too. The wall might be build with hollowed structurally to cut cost, which they do not fill the entire wall with brick, instead leave the inside to be empty, which save them a lot of money to build wall. I know there is very bizarre scam on property purchase, I recently read news about a bunch of people fighting over the evergreen devel failed to deliver their property, what I understand here is that the property is half baked finished and unliveable, but that’s the worst they have got on property purchase and it’s unorthodox very ground breaking scam, however they still got a pile of concrete in the end, what did the stock investor got after getting scammed, they got totally nothing, not even getting back some concrete, yeah a total loss. Elon Musk got the business from the twitter purchase? that’s certainly not what I heard about him on the gossip.[/quote][/quote]


This snake oil never get old, I refuse to mention it anymore, this look more snake oil than the stock itself, I strongly believe it’s not much better than short selling derivatives that’s often discussed. So you bought a bunch of well diversified bs and you got the business, what give again? It’s doesn’t even add up, word by word or context by context.

I’m sure it’s very great rebuttal. But I would use woman as a litmus test to what exactly is this bullshit, whenever I tell woman to invest into stock, she would avoid it at any cost, but this bs only work on man specifically, that’s strange. It’s apparent woman has smell the bullshit even miles away from the snake oil salesman, as usual low EQ creatures like man often has curiosity to think otherwise, can you lie to woman? It’s not easy to lie to woman but it’s apparent so much easier to lie to man, man are some of the most easily manipulated gender ever existed and it’s all God’s will, god create man to be retarded and easily scammed, back to topic, stock is stock, business is business, after hundreds years its still the same stock is stock, you cant equal stock and business and woman has smelled that bs easily, earlier than any man can do, it’s once again man fall into it and after losing trillions of dollar into it but still too stubborn to realise how bs they’re buying into stock. Why don’t you ever consult woman once in your life about what exactly is “stock”?

Fiat and crypto and stock is bs, but property although is just concrete but it is real.

I know all stock investor loss money and some of them are killed, but not all property investor loss money, when Elon Musk said crypto is as bs as fiat, I challenge him to prove me property is anything resembling bs.

When you buy into stock, you get snake oil, but promised it’s indeed a “business”, stock =/= business wake up. When you buy into property you indeed get the concrete box, you indeed get what you paid for, I don’t know what stock investor actually buying into, they tell me they’re buying a stock and it is a business, I try to fathom whatever they said, but stock is stock, business is business, you can’t mix something that’s totally different word by word, or context by context, or content by content, it’s snake oil and they’re buying into delusional snake oil and in the end they get thin air certificate that tell them they’re entitled to the business, it’s so funny investor are so gullible. But what is there to say, when I tell them, they’re scammed they don’t believe me and even being very hostile on me and call me retard, they think they’re getting the business when they buy the stock, what give?

Energy cost is the foundation of all price of product and services

Consumer wanna low price product, then engineer has to find a way to produce gadget at lower cost. The thing with industrial grade product is, it required to undergoes a special chemical treatment process. The entire manufacturing process of both the consumer and military grade products is roughly the same, (they goes through the same cleaning, chemical bonding, cleaning again, and chemical bonding again...) but consumer product often got cheapen out on certain process, that one process usually required a lot more energy cost, due to some of the chemical is absurdly expensive to buy from retailer or to produce, these chemical require high energy and high temperature to produce in the laboratory, the high energy cost must come from burning petroleum fuel, because no other fuel can generate more energy than petroleum, which often depended on to feed and power every family household in a country, every car burn petrol, every kitchen burn petroleum gas.

Nuclear power plant you said has more energy? No doubt nuclear is efficient but it would never be possible to used to power every household, nuclear energy could at best just enough to power some heavy industrial use, never would be enough or practical for household use. Due to that every product or service is having to price in underlying energy cost, a cheap product goes through very cheap manufacturing process which spend less total energy cost, there is nothing the end user can do to rectify/fix a product, to prolong the life shelf, product is purposely intended in factory to made to be obsolete in very few years, to save energy cost, the lower the energy cost the crappier the end products, but for what end game? Who know, manufacturer doesn’t want to go bankrupt, consumer doesn’t want to spend more, keep fighting.

You want quality product, pay high price, which would ensure the product is made adequately with proper manufacturing process(let’s rule out some scam attempt or rip off bootleg), but that’s often a wishful thinking, consumer would always be consumer in mindset, they would argue to dead just to get bargain as little as a few penny just for f@@k sake, so the final consumer product is as good as what it is priced, the low energy cost products.

Look at flash media as an example, in 2008, you get a 2gb at $100 dollar, but in 2020, you got 128gb at $100, you would quickly to believe you actually get a lot of bargain from the deal. isn’t it? And actually defy the rule of inflation, and the manufacturer are idiot for selling more chip at loss than ever? And in 2020 the manufacturer selling at hundreds times more loss with 128gb than the 2gb in 2008??

That’s not true, the $100 you spend to get in 2008, is at best the same the $100 you spend to get in 2020, the chip is shrinking from micrometer to nanometer, you may get the more disk space, but to think you get the same fair deal, to think the 2gb from 2008 is same BUILD quality than the 128gb from 2020 besides an order magnitude more disk space, is very childish, but that’s also how manufacturer keep getting away and consumer keep falling for the delusional thinking and buy into the inferiority, the 2gb is build to last forever, even after a few decade and all the ageing and corrosive is taken measured, the 128gb you get today hardly survive a few weeks of heavy use, that’s what you get for what you pay for.

Also the consumer appliance like smart phone, tablet, battery, toys, foods, snack, soft drink, toothpaste, dvd, video tape, table fans, TV set, sound bars, chair, toasters, oven, water heater, etc...

The underlying cost to produce bitcoin is also the the reason it’s priced. As a service provider, bitcoin serve as a financial need to transact value across border, but it also spend high energy to pull off the transfer of value. I would safely assume energy cost to produce one bitcoin is always the only parameter/fundamental to price a bitcoin in term of dollar. I dunno about all other shitcoin which promise low energy high tps and best fundamental, the lower their energy cost the shit-tier the coin is, the price of them all should be zero.

Also can be said with gold. The total energy required to produce an ounce of gold, gold is often the highest melting point among all metal, the highest energy cost required to heat the gold to melt it down into liquid and product gold bars, is the sole reason gold bars has to be priced very high, there would be no other academics study which could suggest/convince otherwise.

Money is about survivalism for woman, but money is about just sex and love for man. All due to gender and human biological nature, when you send woman to jungle alone she may not survive, but man in jungle alone always can survive. Money give the woman the privilege to practically self-entitled and to be total parasitism and a complete provider hunter also accept zero responsibility. Money can make woman rich in a jungle, but money can’t make a man rich in a jungle, it’s all based on social judgement, as usual social pre-judge on patriarchy and gynaecentric which is highly status quo and prejudice, the reason society has evolved to what’s today hypergamy orientated is also a result of history that old boomer come from the horrors of world wars, they’re involuntarily working toward on everything to fix that and try to avoid wars as much as they could, although at the expense of having to prejudge on gender inequality and completely disregard a certain gender of their monetary wealth. Btw horny guy pay the price still applied and stand strong in the society today, laws is absolute and going against the laws risk yourselves on getting ass-raped and totally humiliated and rejected like a toy. But what can you do in a society today where your hard work would never be recognised and appreciated, but gender based manipulation laws forcing you at gun point, all in the name of rejecting history repeating it on full out wars due to gender and jungle survival manmade issues, meritocracy is never a rewarding life goal in the beginning, the horrors of wars taught us meritocracy lead to social unrest and lead to protest and lead to civil wars and lead to full out wars. Keeping everyone happy is one hell of thing to handle, however to avoid wars and live a life in peace, we have no choice but to opt for parasitism, where man has to be the breadwinner who take all gender responsibility, make all the money and send them all to the housewife to take care of all financial obligations in a family, while a wife has the role of just take care of children and making gossip with another wife and badmouthing and salty about what a horrible unromantic her husband has been after the marriage, btw who am I to judge on something so blatantly unequal at the first place? Wars come at a price, peace also come at a price, gender is a god generated rules that we can’t change it to fix the issues, we can’t blame the god for making so much flaws and differences on a human all just in between the thin line of man and woman. Too bad this society you want to be rich, you must follow what the society working toward on the future. Society today encouraging parasitism, you become so filthy rich naturally by being total shameless parasite despite you do absolutely nothing in life but also contribute nothing but destruction, is it for the greater good or bad? There isn’t one answer to fix all human social and economic wants and needs, one gender has a totally different needs than the other gender, with lgbt third gender add into the mix it would just make the entire ordeal much more complex and to the worse, to make matter the worse when one gender is getting mistreated and discriminated, war and declaration is imminent, unrest and protest follows, and then civil war. Btw just send your kid to the school and train them to be responsible grown up man and help build the social to the better, but don’t expect the reward in term of monetary value or even social stand, hardworking guy must always be mistreated and they can’t have all cakes and eat them, must cut the cakes into small pieces and distributed to the other parasites although you may unwilling to do so, but what about the house, why the house is always win, because the gods has decide to generate the absolute rules?

If you would need to ask, what stage we are having right now today. I had observed first handed experience the situation from the 2007-2009, from the feeling alone I can tell the people today are getting a bit savage and aggressive, from my memory that I can recall is people are kinda aggressive priori to 2007, and they peak on 2008 when thing begin to breaking and massive layoff and also a lot of business goes broke and closure, by 2009 I’m reading a lot of people commit mass suicide, I mean it people killing themselves and en mass killing it’s not joking btw. From the feeling today and the people I observe and also the recent Meta layoff 11k employee and major tech layoff, I believe we are yet to reach the reminiscence of the 2008, we haven’t peak the market cycle yet, it might take much longer, I want to see people dead, not that I’m evil, it’s what I recall in 2008, you might want to read the book written by Robert Kiyosaki I think he record and describe the atmospheric pretty concise, not very best but I believe he is the only one person actually trying to record every piece of the detail in a book, by the time a lot of people are totally unaware of what future they’re facing and doing every survival of the fittest living, until they burn out and they finally collapse and take their own life, let’s wait and see if the history does repeat itself, I’m not going to advice anyone to make any money decision right now, especially on house investment, the market might shock you unexpectedly, and you would be the one commit suicide when you’re found yourselves in a dead end debt burden, so proceed diligently and extremely careful, it’s not fun to live in society today, the stress and pressure level is overwhelming even to me, I’m starting to get some nerve from the atmospheric right now, it’s frightening and I’m not entirely sure which nation would be the one to fall just like the reminisce of 2008, is it very bad? Let’s see the dead toll will be record high, much higher than the 2008 equivalent.

Btw a few point I can observe, I’m  not saying the guy who work for top 500 mnc are lying with their paycheck, of course they made exactly the money advertised that’s the best buck on town, their take-home-paycheck is definitely jaw dropping and mouth drooling tbh, there is the catch, they seem to be unable to save the money no matter how hard they try, they make all the best buck yet, they would spend all those money on woman, either they toss all into hooker, or they just couldn’t get rid of woman, his gf spending all the money, or his wife, or his kids, or the females boss picking on them being no social life, it’s it. That’s a zero sum in the nutshell, I’m not trying to compare your high paying job to a property, but the thing that intriguing me is that house always win because house is a forced saving, all the money seem to be going into the house, instead of going into hooker or woman. So it’s your choice, keep trying to beat the house and see how great a person you are, in my best interest I would still insist your chance of beating the house is comfortably at 0%, no matter how smart you are, everything is working against you to win, don’t believe me? Keep trying, you haven’t try hard enough, you need to work more harder, you’re not good enough until you beat them, of course there is guy who beat the house it’s just not you, but you shouldn’t give up, keep trying okey! I’m out of the picture btw, ciao, lol.