Not to take anything away from Elon Musk’s financial achievement, but understanding the difference between sovereign wealth and subordinated wealth is useful when saying that he has become the world’s first trillionaire.
People see Forbes rankings and think that’s where the real money is.
The House of Saud, Abu Dhabi’s Al Nahyan family, Qatar’s Al Thani family, the Rothschilds, the Rockefellers, sovereign wealth families, and the broader financial-industrial complex have spent generations building influence over capital, banking, energy, debt markets, institutions, and the rules of settlement itself.
Most billionaire wealth is marked-to-market. It is a quoted value based on public company shares, liquidity, credit conditions, lenders, institutional shareholders, asset managers, and collateral rules.
Direct control of wealth is different.
Much of the world’s wealth is not publicly visible.
Private companies, trusts, foundations, sovereign entities, and offshore structures rarely appear on rich lists.
Privacy, control, and asset protection are features of wealth preservation, not bugs.
You’re a trillionaire when you can send a trillion dollars of Bitcoin in a single transaction (and nobody in the world can do that yet), or load a trillion dollars of gold onto a ship in your name and move it without permission.
Everything else is subordinate to someone else’s balance sheet, rules, and approval.
Visible wealth and actual financial power are not the same thing.
I encourage sovereign wealth over subordinated wealth.
Only sovereign wealth is true freedom.
Follow the money.
@man_of_options The book of Genesis is the story of creation.
Man and woman becoming one flesh described perfect male female union, procreation, covenant and consummation.
It does not determine one wife that’s a big stretch.
Since 2000, Australian parliaments have passed 74 laws that restrict Christian freedom.
That's an average of three per year for quarter of a century.
A new report has just named every single one. 🧵
One of the rarest and most lethal skills a person can master is REFUSING TO DIE
As you grow in age you’ll see how everyone dies around you
The “gangster” you knew in high school dies and becomes a barber
The trust fund kid dies, unable to 10x his dads networth, lapped by random people he never knew existed back in the day
The tall pretty boy that girls were naturally drawn to dies and becomes mortal, cucked by some bitch
The guy who was cool, a threat when he was 20 dies and becomes some worm at 30 - couldn’t sustain the same energy for decades
Most people “die” as they age and face real problems. The key is to remain retarded forever and to refuse to die - no matter what happens.
Winning long term depends on your ability to stubbornly retain childlike traits like foolish optimism, playfulness, relentless risk-taking and refusal to become jaded or “realistic” in a defeatist sense.
Namaste.
> Be Australian.
> Vote for the based ultra right wing party.
> They're elected (thank god).
> Newly elected MP gives his first speech.
> "I LOVE IMMIGRANTS AND COCK!".
> Starts to cry about his love for immigrants and cock.
We're not voting our way out of this, are we.