Roy Prasad

@bryan_johnson Yeah, right. Car key fobs and iPhones self-combust randomly on their own, like when you're holding them in your hand. Very dangerous to take them into hyperbaric chambers indeed. Or even near gas station pumps.

In my HBOT the chamber itself stays at normal air 21% O₂. Pure oxygen is only released when inhaling via a mask. Some systems pressurize the entire chamber with 100% O₂, which greatly increases fire risk. Either way, leave all electronics and batteries outside. Any spark in a high-pressure oxygen environment can ignite clothing or bedding in seconds.

If you're doing hyperbaric oxygen therapy, do not take any electronics into the chamber. It creates fire risk.

When Metaplanet was $13-14 in mid June, you were posting comments like this below (e.g., from June 18). It was "cheap" then, and here we are, 25% lower, and it is now "extremely cheap". Why couldn't mNAV drop under 2.0? Maybe it will be even more extremely cheaper? This whole Metaplanet (and SmarterWeb, et al) thesis is based on an endless supply of new money that keeps pouring into these stocks at higher premiums, so these companies can buy more BTC. It's all so simple! What if that gig is up already and no new investors want to step up to pay a premium to a middleman to buy BTC? Do you suppose it's possible that the mNAV for these companies will drop down to the 1 range, and the only way shareholders who are inspired by your pitch and buy today will breakeven is eventually when BTC is up like 3-4x, to $400-500,000, and they miss all the real BTC gains? "Adam Livingston @AdamBLiv · Jun 18 🔥METAPLANET'S mNAV IS HERE TO STAY🔥 "

IMHO Metaplanet yet again is extremely cheap and totally mispriced. Now under 4.0 mNAV. For a company that will burn off their premium in a few months via rapid BTC accumulation, and likely 3-4x their Bitcoin per share by the end of the year, this screams an amazing risk-adjusted entry point. This is the same situation a few months ago when I was saying $3 with a similar mNAV was an amazing time to get in. The slingshot is loaded.

@AdamBLiv What exactly is the message? It says one company spent 5x more capital than the other and bought 5x more Bitcoins, and took a week or two less time. Um, so, what again?

Visual comparison of the first 80 days of Bitcoin treasury strategy. Smarter Web Company vs. Metaplanet.

Minor nit, your name in Sanskrit is actually "aravinda" with an 'a' at the end! But in the bigger picture, we have three major sources of distortions of most Sanskrit proper names, one that comes from regional influences, the second from the Anglicization of these names as created by the British, and the third from the transliteration of names created by Indians(!). 1. Regional influences: So Ramayana is mispronounced as Ramayan by Hindi speakers, Ramayanam by Tamilians, Ramayanamu by Telugu people, and maybe Romoyon by Bengalis (I don't know this for a fact). 2. Anglicization by the Brits: The Anglicization of Sanskrit names further messes it up. It is not Ramayana, but it should be RaamaayaNa, with N being the ण sound. When the British initially started recording Indian names in English, they freely mixed up long and short vowels (e.g., Ram instead of Raam, as the Dutch might have spelled the name). In addition, English also has no equivalent sounds to all these Sanskrit sounds: त, थ, ध, ट, ठ, ड, ढ़, ण, भ, ळ, and श (I think I caught them all). Also, Indian languages don't have the V sound, only W. We should not be spelling names like Vikram, Vijaya, Vivek, Varada, Vanita, etc. with V, but rather, with W, as Wikram, Wijaya, Wiwek, etc. (as the Sri Lankans do). Lastly, English pronunciation of certain double-vowel combinations (e.g., 'oo' as a long U in 'poor' or 'cool', as opposed to a long O), or 'ee' as a long ई instead of a long ऐ, all further complicate naming. 3. Transliteration errors: There are several transliteration systems in use for encoding Sanskrit names or words in English, but most were created in an ad hoc way, and have their own drawbacks. They essentially, trip up people who don't already know the correct pronunciation. For instance, I don't know which genius decided to encode ज्ञ्यान as jnana or यज्ञय as yajna. (I can guess how it came about – it was almost certainly the handiwork of a Kannadiga or a Telugu speaker). But it was a foolish mistake. I have heard many native English speakers pronounce it as je-na-na or ya-j-na. A transliteration system must be fool proof, with two requirements: either get someone unfamiliar with it to say it correctly, and if not, at least, not make too big of a mistake! These transliteration systems badly fail. (FYI: I have developed my own fool-proof transliteration system over the years to explain things to English speakers!) OK, that was a very long reply. But what the India government needs to do is to commission some organization / team of people to completely clean up all these distorted names once and for all, so going forward, everyone will pronounce all Sanskrit words correctly! But it will be a monumental undertaking and very expensive to change names that are already in print or have been published!

I don't know how to say this in writing. But take the word Yoga in Sanskrit. The "a" sound in the end is said like the "a" sound in "at". It is not Yo-gaa. And it is also not Yog. It is the same for Rama. So you can't say Ram. Some Indian langauges have syncope. They drop vowels in names. But imagining that is the right pronunciation is what I call ignorant-arrogance. For example, my name is Aravind. Not Arvind. It is a name for Krishna and for blue Lotus. It is pronounced as Aravind in Sanskrit. I see many change my name to Arvind and think it is their right to do so. No. Don't be rude. Don't impose yourself. Don't be ignorant-arrogant to make other Indians and the world hate you. Learn and appreciate all Indian languages. Preserve their sounds. Neither Valmiki nor Rama will like it if you call him Ram. Similarly, you may not like it if I call Delhi as Delh, Haryana as Haryan, and Shimla as Shiml. Just like the Tamil people I know hate hearing us call Tamilnadu as Tamilnaad.

Adam: This is all wonderful as long as the music keeps playing. But one day, if new investors don't step up to the plate to buy shares at even higher prices, then is the gig up for Metaplanet, Smarter Web, et al? In other words, is this a pyramid game that relies on the bigger fools theory, with the last round of investors essentially taking a bath, while financing the profits for earlier-round investors? Without future investors willing to buy shares at a premium, the whole model falls apart, and it makes no sense for a company like Metaplanet or Smarter Web to command an mNav > 1. Thoughts?

I was going to make an MSTR vs Metaplanet video, but I think I'll just type my thoughts up here as I have been incredibly frustrated with the dialogue happening on X. Why am I frustrated? Because it doesn't seem like any specific resolution is being debated. People with different risk tolerances are talking past each other. People are framing risk differently on a conceptual basis... making the dialogue even more difficult. That said, here's my opinion: 1. As an investor (or a trader, depending on how you look at it), BTC yield is king. The market is pricing higher premiums to companies with the fastest premium compression engines. This is the factual reality of reflexivity. If everyone feeds the beast, everyone gets rewarded on a long enough time horizon. Does this mean that you'd be better off if you took your Metaplanet position a month ago and giga-ported into Smarter Web Company? Yes. Let go of your tribalism and accept reality. 2. There is an extremely obvious trend of mNAV compression as a company's ability to increase BTC yield diminishes. The case is being made that MSTR can command a higher premium because of various other factors (moat size, credit rating, etc), but the fact of the matter is that we haven't seen this actualize yet. I see the market doing things that I find irrational as it regards to valuation... and as we see Bitcoin become more accepted, I think we can all agree that we are just going to see more bewilderment as all traditional concepts of equity valuation are being flipped onto their heads. I do not necessarily agree that MSTR will ALWAYS have their premium compress further, as we are entering a new paradigm that we haven't seen before. That said, what is riskier? Taking your capital and betting on a historic known (stock price increasing with BTC yield increase), or taking it and betting on a historic unknown (a premium commanded by reasons other than what we HAVE seen). 3. I fundamentally reject the premise that Metaplanet is "riskier" just because it is a newer player in the arena. Why? Because they have a clearer runway of high BTC yield compared to MSTR for the foreseeable future, and for the time horizon I am basing my investment allocations on. You might make the argument that Metaplanet is riskier because we haven't seen them execute a strategy across a wider timespan, and you are welcome to have that conceptualization of risk for yourself. Was is riskier to bet on Tesla instead of GM in 2010? How about 2014? 2017? 2020? What year did it become the less risky bet? Has it at all? Totally depends on how you conceptualize risk. How were you defining the utility of GMs moat? The utility of Strategy's moat is still being formulated. We are beginning to see the tremendous potential with the preferred offerings. Metaplanet will also have this opportunity, with Saylor already admitting that they will likely beat him to the Japanese market for these. I'd argue that for me, Metaplanet is firmly in the goldilocks zone for BTC treasury companies: • Small enough for BTC-per-share torque • Big enough for capital market access • Early enough to dilute accretively • Late enough for regulatory clarity • Geographically positioned for cost of capital arbitrage • Reflexive premium loop just beginning Do the math on what it'd take for each company to double their Bitcoin per share. Metaplanet will likely accomplish this in the next 60-90 days. It seems foolish for me to not allocate substantially to a vehicle that can accomplish this. I'm sure a counter-argument is that my time horizon is too short when considering MSTR vs Metaplanet. I would answer that I am simply acting on what is known rather than what is unknown. If someone wants to designate me a "trader" instead of an "investor", sounds good. I don't day trade anything, I simply am buying and holding stocks of companies that I believe in the long term execution of. I love both companies. I am a holder of both. My rationale for my allocation is based on the fact that I am relatively young, and I acknowledge that I am going to die. I want growth, and I am not currently investing based on what hypothetical premium MSTR MIGHT trade at after all is said and done and all the Bitcoin is accumulated decades from now.

@deedydas And tan too!

The new Pope has a degree in mathematics from Villanova University. This guy doesn’t just understand sin. He understands cos.

#POTUS47 #POTUS

Happy New Year, America! (2025)

@vishy64theking @DGukesh @ArjunErigaisi @FIDE_chess 99.9999% = justifiably 100%

Congratulations to the Indian men's team for winning the Olympiad with a round to spare, historic performance! Simply awe-inspiring play. Congratulations to @DGukesh and @ArjunErigaisi for their individual results as well! @FIDE_chess

The San Francisco Purdy Niners have a small edge, IMHO... #49ersvsEagles #49ers #royprasad #purdyniners

We need to ban hammers! #banhammers

Why do the cable TV networks keep featuring people who pronounce Iran as Eye-ran and nuclear as nuCUler? If they are so tone deaf, what kind of insights do they really have? #Iran #nuclear

@kanwal946 That's crazy, totally illogical.

This was a most asinine think I had ever seen. Taxing an investment rather than a gain? In any case, GOI thinks it is in the business of tax collection rather than job and wealth creation in the society. Capital gains taxes are need to be dropped... ecoti.in/lmWwqa41

Congratulations to @Sigma_Japan and @KazutoYamaki san. The Leica L mount alliance benefits Sigma more than anyone else. I am so happy that there is a new future for the Foveon, based on the L mount. I will be the first one to buy, if I get the chance!

@KazutoYamaki - Yamaki-san, I volunteer to be a beta customer for the Sigma full-frame Foveon camera! Please sign me up!!! I am happy to travel to anywhere in the world to test the camera. (Preferably, Japan!)

@KazutoYamaki - Brilliant move, Yamaki-san! Sigma stands to gain the most from the L-mount alliance! If you tell me when the full frame Sigma Foveon camera will be available, I will be THE FIRST to buy one! Domo arigato gozaimasu!

@TomFitton - Tom you've got to expose Rosenstein!

@potusbowl - testing

@jlanierphoto - Hi Jason, have you tested a Canon 800 f/5.6 with the Sony A9 or A7RM3? (Am interested in wildlife / birds) Would appreciate any insights. Big fan of your reviews, switched to Sony mirrorless in Apr. 2011(!) Kind regards, Roy