The first Rice Mountain trade
I am using the internet to trade a grain of rice all the way up to a mountain.
I’m doing this because I think we vastly underestimate the power of the internet.
If opportunities flow from the networks that we are a part of, then using the internet in clever ways gives you access to a network of over 4 billion other human beings who you can exchange value with.
Last Sunday, I offered to trade this grain of rice, valued at about $.000029, with the tiny corner of the internet that reads this newsletter.
You all did not disappoint.
Within 24 hours, I locked in a trade for something worth $20.
That’s a 689,655x return.
And while those types of returns make the average hedge fund manager look a chimp hurling feces by comparison, the best part was that the trade was a win-win for both parties.
I traded the rice for an information product, which didn’t cost the creator anything to replicate.
He gets a piece of history (or a delicious, tiny meal) and I get a badass product that I know other people will want.
Drum roll, please...
I’ll share a bit more detail at the bottom of this email.
Every single one of you who replied has been added to a “Rice Mountain” spreadsheet and will be invited to the opening party.
Let’s get this mountain.