Instead of reacting to court orders, Palmer Luckey's Erebor bank preemptively works with intelligence services. This strategy aims to create a fraud-resistant platform, attracting legitimate clients and deterring malicious actors from the start, turning compliance into a competitive advantage.
Palmer Luckey plans to raise his children on classic games not for nostalgia, but to provide a solid foundation in gaming fundamentals. He views this as a deliberate strategy to shield them from the "slot machine microtransaction gamblerama" that dominates modern kids' games, which are optimized for extraction.
Palmer Luckey, a self-described poor programmer, argues AI coding assistants are most beneficial for hardware-focused builders, not software engineers. It allows them to quickly create software without diverting years to master a skill outside their core competency, thus accelerating product development.
Palmer Luckey argues that relying on another bank's charter forces you to appease their risk tolerance and political pressures. Owning the charter means "the buck stops with you," ensuring you control your own de-banking and censorship decisions rather than having them dictated by upstream partners.
Luckey claims the Vision Pro's high cost stems from using low-yield, expensive "engineering sample" displays not ready for mass production. He frames it as a 2027 product launched in 2024 by spending heavily, implying competitors will soon match its visual quality at a fraction of the cost.
Palmer Luckey's bank, Erebor, takes the unusual position of complying only with U.S. law, explicitly stating it "will not comply with spurious rulings from people who have no real jurisdiction." This contrasts with global banks beholden to multiple markets and is a key differentiator for companies aligned with U.S. interests.
Learning from a previous product sellout, Palmer Luckey is stockpiling his M64 console before launch. The primary driver isn't just to meet consumer demand, but to ensure third-party game developers don't waste marketing efforts on a "dead-end call to action" when the console is unavailable.