Our Most Brilliant Idea (Part 4)
Exploring humanity's greatest idea historically, and its novel form in modernity.
The Greatest Idea of Modernity
“There Is One Thing Stronger Than All The Armies In The World, And That Is An Idea Whose Time Has Come.”– Victor Hugo
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.
*Join me at the biggest event of the year, Bitcoin 2022. See below for 10% discount on tickets*
“Bitcoin 2022 Conference is the biggest gathering of the Bitcoin ecosystem in the world. Join me and the movers and shakers shaping the Bitcoin future next April 6-9th in Miami Florida for Bitcoin 2022 Conference.”
Paying with Fiat? 10% Affiliate link: http://tixr.com/pr/robertbreedlove/26217
Paying with Bitcoin? Use promo code: BREEDLOVE.
All government decrees by fiat are lies (including fiat currency), for truth need never be forced. Free market forces always zero-in on truth.
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. 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 which 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. Modeled on the unbreakable rules of the universe—thermodynamics—Bitcoin is best known for its meteoric growth pattern:
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, growth of organisms and economies deteriorate. 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. As William Durant eloquently describes this decline into senescence:
“It is a physiological and psychological involution. It is a hardening of the arteries and categories, an arresting of thought and blood; a man is as old as his arteries, and as young as his ideas.”
*Looking to earn yield on some of your long-term Bitcoin holdings? Try Tantra Labs*
Put your Bitcoin to work. Earn up to 12% interest back on Bitcoin with Tantra: Start Earning Today
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. American Pragmatist William James believed a “moral equivalent” of war was necessary to end its horrors:
“So far war has been the only force that can discipline a whole community, and until an equivalent discipline is organized, I believe that war must have its way.”
If this proves true, Bitcoin would become a new organizing mode for civilization: like a religion born from economic and computer science; a wisdom tradition that defunds and destroys central bank war machines and ideologies. Warfare is Darwinism writ geopolitical, and its atrocities will be endless until all nations agree, or are forced, to yield their self-arrogated sovereignty to a higher authority — a “superstate” hodling individual sovereignty as its axiomatic mantra. Bitcoin — a public utility that facilitates trade flows of private property — is the bridge between communistic utopianism and capitalistic pragmatism, and could grow to become the superstate to which all nations bend the knee. Perhaps this ultimate usurpation of the nation began with the Genesis Block on day one, or perhaps it is still yet to transpire one day. For now, we can only say: Bitcoin is money.
*Learn from the experts at IBAC what role Bitcoin plays as an emerging investable asset, in the preservation of long term wealth*
IBAC helps sovereign institutions succeed with Bitcoin: https://www.ibac.io/
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 to embrace truth in a world drowning in deception.
Considered in combination, these ideas make Bitcoin mankind’s most brilliant idea yet—a salvific foundation on which we can build a future civilization characterized by more ingenuity, morality, and prosperity.
“Salvation: to see each thing for what it is—its nature and its purpose. To do only what is right, say only what is true, without holding back. What else could it be but to live life fully—to pay out goodness like the rings of a chain, without the slightest gap.”—Marcus Aurelius
Thank you for reading Our Most Brilliant Idea (Part 4).
Send Bitcoin to my PayNymID: +tightking693