Posts

Bitcoin: our most brilliant idea! a meta-idea of freedom!

avatar of @woelfchen
25
·
0 views
·
4 min read

I've already made an article, which explains why Free Market = Democracy

Soon after, I found an article which describes the meta-idea of ideas, why ideas are so important and how Free Market Trade and therefore Bitcoin were the most brilliant ideas!

Basically Bitcoin is "fuck you"-money:

America was founded on the three pillars of free market capitalism: private property rights, rule of law, and honest money. The American Consti­tu­tion autho­rized states to issue gold or silver currency, outlawed income tax, and prohib­ited national central banking. Unfor­tu­nately, upon successful imple­men­ta­tion of the American central bank (after two failed attempts), the private property rights founda­tional to free market capitalism became vulner­able to limit­less viola­tion via infla­tion. An example of this failure came with the “Great Gold Robbery of 1933” (aka Execu­tive Order 6102): an uncon­sti­tu­tional decree and blatant viola­tion of private property rights. All govern­ment decrees by fiat are lies (including fiat currency), for truth need never be forced. Free market forces always zero-in on truth.

Truth does not need force.

Bitcoin is the ideolog­ical synthesis of gold and the internet; it perfectly exempli­fies the three pillars of free market capitalism under­girding the idea of America in a form that cannot be perverted by fiat decree. As its money supply cannot be changed, its holders are immune to confis­ca­tion via infla­tion, thus perfecting their private property rights (Pillar 1). Disputes within the Bitcoin network are settled consen­su­ally, and it is imprac­tical to employ violence in an attempt to sway this process, thus perfecting the process of nonvi­o­lent dispute resolu­tion embodied by the rule of law (Pillar 2). By perfecting these first two pillars of free market capitalism, Bitcoin is a self-fulfilling prophecy predes­tined to perfect its final pillar by becoming the final evolu­tion in free-market-selected honest money (Pillar 3). As the only sacro­sanct money in existence, Bitcoin is purified capitalism: a perma­nent imple­men­ta­tion of the soundest socioe­co­nomic “water well” in history:

Compe­ti­tion and collab­o­ra­tion are the trades of life. The conser­vatism of energy is truth — organi­za­tions, methods, and tools that accom­plish the greatest results with the least effort tend toward dominance as they are willingly embraced by market partic­i­pants whose “skin is in the game.” Strict adher­ence to thermo­dy­namic princi­ples is the way all-natural systems grow (there is no other way). Monies, moral­i­ties, and strate­gies that best amplify produc­tivity outcom­pete on the free market for ideas — submis­sion to this truth is freedom. Bitcoin is a system that minimizes compet­i­tive asymme­tries by maximizing account­ability and thereby incen­tivizes fair play and error-clearing in the market.

We are what we build, and we build what we are. Ideation and wealth creation are mere expres­sions of life’s central impulse: growth. Without adequate levels of exchange, the growth of organ­isms and economies deteri­o­rates. On this point, nature is ruthlessly clear: when you’re finished changing, you’re finished. As we age, we experi­ence a slowing of blood flow, which presages a break­down of body and mind. Physical exercise can provide some protec­tion by increasing our metabolic exchange of oxygen, water, and nutri­ents thereby keeping us smarter, healthier, and more energetic as we grow old.

What is true for the individual market partic­i­pant micro­cosm is true for the global market macro­cosm: impeding free trade constricts ideolog­ical “blood flow” and makes the “socioe­co­nomic super­or­ganism” (aka humanity) more vulner­able to disease and death. Close-minded constituents conjure a build-up of misfit­ness to reality for the collec­tive. Creating block­ages to trade via regula­tion and confis­ca­tion — the implicit purpose of central banking — is cancerous to the free market paradigm that invig­o­rates our economic vitality, social morality, and the advance­ment of civiliza­tion.

All individ­uals seek to attain freedom, goods, and power for themselves. Govern­ments are simply a multi­pli­ca­tion of ourselves and our desires, without external gover­nance, and armed with weapons of mass destruc­tion. No amount of tears can wash away the blood war sheds, only practi­cality, properly imple­mented, can prevail. Absent a battle to fight — whether moral or physical — people become weaker. Arraying armies against an enemy gives people cause for unity. Perhaps Bitcoin will serve as a moral alter­na­tive to war — a peaceful yet disci­pli­nary force on humanity.

And most importantly, what we already understand, if not: my last article: Free Market = Democracy

Money is the ultimate token of trade, and trade is mankind’s meta-idea. Whatever wins as money on the free market is a brilliantly formu­lated, civilizing idea. Capitalism is the socioe­co­nomic system which optimizes for the expan­sion of trade’s scope by respecting free market princi­ples, foremost of which is individual sover­eignty. Bitcoin — an honest money offering its holders invio­lable private property rights and perfected rule of law — is the capstone innova­tion of capitalism. It is as if all trade throughout history led us to the emergence of this idea: an unstop­pable, incor­rupt­ible, and highly acces­sible money. Like ideas, Bitcoin exhibits non-corpo­re­ality, virality, and antifragility — it can be moved at the speed of light and stored in the mind. By virtue of its resis­tance to theft and rooted­ness in the thermo­dy­namics of work, Bitcoin portals us into a world of untold liberty, elevated morality, and enhanced produc­tivity. Bitcoin gives us the freedom to trade without central bank inter­fer­ence, store our wealth in a place resis­tant to seizure, and embrace truth in a world drowning in decep­tion.

this is the article where I found the quotes: https://www.swanbitcoin.com/our-most-brilliant-idea/

BTC's game-theory is especially interesting and a special kind of meta-idea!

not only does it become more and more valueable, but also countries and other big regulating force-applying trade-parasites can't do much against it

Posted Using LeoFinance Beta