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# The Philosophy of Property: https://erickimphotography.com/blog/2024/11/29/the-philosophy-of-property-5/
I’ve never owned property in the traditional sense in my life. It is still kind of a strange and elusive concept for me.
For example, homeownership, is talented as some sort of desideratum, a thing to be desired.
So for example, I think like the baby boomer generation, the life goal of everybody was to own your own property? Like purchasing a single-family home, a plot of land etc.?
Even Cindy’s mom said it best, you don’t own the property, the government owns it. Even assuming that you buy a plot of land or property in all cash, you’re still going to pay around like 1%, 1.05% property taxes on it like forever.
Even if you buy a house which is like $1.4 million or something, I think that’s like $1250 a month Justin property taxes, and then after homeowners insurance and stuff, which could also be considered an additional non-direct tax, You might be looking at like $2000 a month, just in “taxes”. Just throw in another thousand dollars and you already have rent.
I thought this morning is in regards to the philosopher; what is a philosopher? A philosopher simply somebody who posits desideratum -- what we should desire, what we should **not** desire.
 For example, under no circumstances should we desire slavery poverty and to be encumbered. On the contrary, what we should desire is freedom, power and control; consider the blissful authority and self sovereignty of the Spartans.
> See there’s leaders and there’s followers, but I’d rather be a dick than a swallower! - Ye
 the tricky thing with a lot of modern day life is that a lot of the stuff is actually self-imposed slavery. For example let us say that you buy the new BMW M3, yet you finance it, I think the original word for finance actually means ransom.
So let us say that you’re paying like $1450 a month, just for your car payment. To me this seems like the most insanely foolish financial decision of all time; if you simply pour that into bitcoin, and assuming that bitcoin is going to at least 100X from here, maybe even 1000x, then what that means is that the payments on your car, is like metaphorically paying $15,000, $150,000, or even $1.5 million a month!  
If I could tell you with 100% certainty that in 21 years, bitcoin would be worth $100 million a coin, maybe even 105 million a coin, which means that assuming that bitcoin is around $100,000 today, that is like a 1000X gain 21 years from now.
Certainly it is possible you could die in a texting while driving accident today or tomorrow, but if you plan long-term --  if I told you that the money that you put in this thing today will yield 1000 X 21 years from now, and I could guarantee you with 100% certain that you would be alive healthy and well 21 years from now, wouldn’t you plan things differently and spend differently?
For example, that hundred dollars you put into that thing, could be worth $1000, $10,000, $100,000-- or even $1M! If that were the case wouldn’t you plan things differently?
Once again, $100 today being worth $1M in 21 years, with 100% certainty ,,, wouldn’t you plan your life differently?
First, you would certainly be much more scrappy, frugal, and pursue a much more austere and critical and Spartan lifestyle today. Of course there are certain things you gotta do like feed yourself, pay rent etc., but beyond this… Even thinking about recurring subscriptions and services, that $20 a month you’re spending on Spotify, what if that after doing the math, would mean that you’re paying $200,000 a month for Spotify? Why don’t you just cancel that subscription and put that money into bitcoin instead?
## Fractional property ownership
