Bitcoin: Not just a store of value, but a restorer of values.
What I think I love most about the bitcoin movement is how many people find purpose and meaning in finding their particular role within it. It's always something they care deeply about enough to forego everything else for. It's not everyone, of course, but even just seeing a few people, working with passion and integrity on what their calling is, is incredibly inspirational.
Oh. A bitcoin radio drama. Interesting. Well produced. Intriguing. Listening now. You can too.
View quoted note βThis is Bitcoinβs sweet 16 party and sheβs got all the boysβ attention.
Bitcoin is the only asset for which there is sellerβs remorse.
GM everyone.
A man who finds his calling in something greater than himself, greater than his life, greater than his time, has found a way to experience what is beyond himself, his life, and his time.
I'd like to go to a restaurant with that financial times reporter and split the bill, me offering to leave a tip in bitcoin, and her in human teeth.
For once I'd be seen as much less of the freak.
MUCH LESS.
To all the shitheads in Bitcoin, Thank You:
Bitcoin is for everyone, so letβs not forget the shitheads;
those who not only fail to appreciate its importance, but go out of their way to undermine it;
Who not only fail to teach others, but try to mislead them;
Who not only fail to appreciate the equality with which it treats all of us, but who try to claim special status for themselves;
WIthout you, we might grow complacent, our lessons might become dulled, our own egos might become puffed.
But thanks to you and your tireless (but tiresome) attacks, Bitcoin and bitcoiners remain strong, sharp, and ready to spring into action (even if that is steadfast inaction, which you would label as ossified and close-minded).
You wear it well, that head of shit. Rarely do you engage through reason, truth, nuance, or wisdom, nor do you come around after some time admitting your errors. No, you take it on the chin over and over, foregoing friendship, respect, honesty, and many other genuine spiritual rewards, not to mention the high monetary price you often pay if you actually put your money where your mouth is (which few of you actually do).
So thanks to you unsung heroes β the villains β of the bitcoin story and its history. We need you and bitcoin needs you, even though youβre shitheads. Keep doing what you do so well that so many of the rest of us simply will not bring ourselves to do, or even to thank you for.
How Bitcoin Fixes Money and, In Turn, Everything Else
(in 250 words):
Nature is driven by forces. And in nature, to obtain some resource, a being takes it, most often by force.
In human society, when something is taken by force from nature, like extracting iron from the earth, it is called being industrious.
But when something is taken by force from another human, it is called theft.
Since both theft and industry are possible using force, industrious people must use significant energy to deter theft, directing it away from further industrious activities.
If we could direct more energy to producing wealth rather than to defending it we would be richer and more productive, and there should be less incentive to steal. This would kick off a positive feedback loop of abundance creation making theft unprofitable in many more cases and further increasing abundance, but we must first close the loopholes that rewards theft.
In the realm of money, bitcoin achieves this. Bitcoin cannot be taken by force. It cannot be created except for with force that makes it harder to take bitcoins by force. It cannot be counterfeited, clipped, debased or devalued.
Modern money has many such loopholes. They incentivize many people to dedicate their lives towards getting that money through un-industrious efforts - they spend their time and energy on activities that do not create any real wealth, but rob those who do create it of their wealth.
By closing these loopholes, Bitcoin fixes money, and in turn, so much more.