“China is never going to be a global model. Western system is really broken in some fundamental ways, but the Chinese system is not going to work either. It is a deeply unfair and immoral system where everything can be taken away from anyone in a split second.” — Francis Fukuyama
The most powerful force that made America prosper is wealth creation.
In the US, this has been a rule via home-equity and ownership, under affordable capital, effectively giving leverage to any average family in America at some point in their lives.
Everyone blessed enough to live in the US will own a home at some point...
Not anymore.
The old way was simple:
After most parents in the US perish, they would leave at a minimum a home worth ~500K to its children, effectively bringing total prosperity to the next generation.
After February 28th (D-Day for the Russian invasion), globalism has lost.
Instead of the US dollar, we now have a trifecta of capital forces.
The libertarian in me still needs to use “USD/Woke Capital” to live life, but most of my future is stored in startup investing, alternative financing and crypto.
We are (unfortunately) just getting started.
I am immensely grateful to be on the side of history well-positioned for economic, spiritual, and intellectual prosperity.
Unfortunately, with inflation at this level, we will see more misery, hunger, and poverty in the years to come.
Bitcoin solves that. Venture Capital solves that, but it will take time as things collapse faster than our ability to build new systems.
More than ever, it is time to partner with inevitable people.
In this episode I talk to Lucas Olmedo, founder and CEO of Fligoo. You can listen to it on Spotify and other podcast apps.
This weekend I watched this cool fireside chat between Jeff Bezos and his brother. It made me think that I need to venture out a bit more.
I woke up at 4:30 AM at the first Monday of 2015. I used to think that becoming a morning person was something reserved for Yoga teachers and Buddhist monks.