Possibly a referense to Nas song The Message “There’s one life, one love so there can only be one King”
Which is sampled on the first 2 dead presidents songs.
Could also going in to the lions den as in def jam to cash in his album.
And it’s the mcdonalds, liqourstores and gunstores that are the “black killer”. Laurence fishburne explains this line in a very inspirational speech in boys n hood http://m.youtube.com/#/watch?v=r2ECcFN8uqg&desktop_uri=%2Fwatch%3Fv%3Dr2ECcFN8uqg
Its an old saying.
Intrestingly in Birds Eye View he dreams about sicily now hes walking around there. Dreams come true now since badass is getting bigger.
Hes close to the pussy as in getting to the money/ fame.
Ice could also mean diamonds which he mentions in line before.
Another refrence to golden age of hip hop, this time the song Brooklyn Finest where Jay Z and Notorous B.I.G collaberate.
A reference to the album and track 93 til infinity by souls of mischiefs who where also referenced earlier on the mix-tape with a track dedicated to them with 95 til infinity.