Bitcoin

Is Craig Wright Satoshi Nakamoto? Would Satoshi appeal to the force and violence of the state to try to prove ownership of intellectual property that was deliberately released anonymously in the un-jurisdiction of cyberspace?

Do not try to get rich quick, just try to retain the purchasing power of your savings. With Bitcoin, no one ever lost purchasing power over any four year timeframe. Bitcoin is a savings technology. https://twitter.com/100trillionUSD/status/1398222204123426816?s=20

In 2013 a book called Treasury’s War made it clear that the USA had begun waging monetary warfare. The fiat dollar was weaponized. It is not money, it is violence. https://www.amazon.com/Treasurys-War-Unleashing-Financial-Warfare/dp/1610391152

According to Mark 12  Then he started to speak to them with illustrations: “A man planted a vineyard  and put a fence around it and dug a vat for the winepress and erected a tower; then he leased it to cultivators and traveled abroad.   2  In due season he sent a slave to the cultivators to collect some of the fruits of the vineyard from them.  3  But they took him, beat him, and sent him away empty-handed.  4  Again he sent another slave to them, and that one they struck on the head and dishonored.   5  And he sent another, and that one they killed, and many others, some of whom they beat and some of whom they killed.  6  One more he had, a beloved son.   He sent him to them last, saying, ‘They will respect my son.’  7  But those cultivators said among themselves, ‘This is the heir. Come, let us kill him, and the inheritance will be ours.’  8  So they took him and killed him and threw him out of the vineyard. +   9  What will the owner of the vineyard do? He will come and kill the cul

  According to John 1   “In the beginning was the Word, and the Word was with God, and the Word was a god.  2   This one was in the beginning with God.  3   All things came into existence through him, and apart from him not even one thing came into existence. What has come into existence   4   by means of him was life, and the life was the light of men.  5   And the light is shining in the darkness, but the darkness has not overpowered it.”

According to Matthew 21:12-13 12   Jesus entered the temple and threw out all those selling and buying in the temple, and he overturned the tables of the money changers and the benches of those selling doves. m   13   And he said to them: “It is written, ‘My house will be called a house of prayer,’ n  but you are making it a cave of robbers.” https://www.jw.org/en/library/bible/study-bible/books/matthew/21/#v40021012-v40021013

Laszlo and Jercos are the founders of the market for bitcoin. Imagine the foresight Jercos had to have to spent 41 “real” dollars on pizza in exchange for some magic internet money. This was a vital step on the critical path of hyperbitcoinization. They are heroes. That being said, participation in the network then meant running a node, mining, and trading. Participation now, for most plebs at least, means holding and hopefully running your own node. Holding is one of the three features of a bitcoin wallet, the others being sending and receiving. Holding bitcoin is using bitcoin.  Bitcoin is the most advanced savings technology in existence. https://twitter.com/nic__carter/status/1263888242681806848?s=20

Bitcoin is a pizza pie. The pie represents all the value in the universe. The pie is infinitely divisible into smaller slices.  Any given slice will increase in purchasing power over time. Purchasing power is different than value. When Laszlo spent a few hours configuring his PC to mine 10,000 bitcoin, and he traded them for some delicious pizza, many think he made the worst trade in history. But the pizzas were valuable, nutritious sustenance worth roughly equivalent to the time he spent mining bitcoin. He made a fair trade in an open market, which he created. He created the market for bitcoin. The reason it seems like a bad trade is that if he had simply ate something else and held his bitcoin its purchasing power would have increased (assuming someone else took the initiative to create the market). Its value did not change. The value is always 10,000/21M. But he would have gotten more pizza for it in time. Bitcoin is just money. It will not sustain you since you cannot eat it. But i

One bitcoin is one bitcoin.  With dollars, a dollar in 1971 equals $6.59 in today’s dollars. ( https://www.in2013dollars.com/us/inflation/1971?amount=1 ) With bitcoin, you will never have to say “in today’s bitcoin.” A bitcoin from 2009 is worth a bitcoin in 2021. 2 BTC + 2 BTC = 4 BTC With Bitcoin, 2+2 never equals 5.

 Can you trust your cash? “Border Officials Seize $685,000 in Counterfeit Currency From China The fake money seized by CBP officers in Chicago was hardly an isolated incident. On April 23, CPB officers in the city announced a recent seizure of 281 shipments containing counterfeit bills and coins at Chicago’s IMF.” https://m.theepochtimes.com/border-officials-seize-685000-in-counterfeit-currency-from-china_3821566.html

1 Timothy 6   Let as many as are servants under the yoke count their own masters worthy of all honor, that the name of God and the doctrine be not blasphemed. 2   And they that have believing masters, let them not despise them, because they are brethren; but let them serve them the rather, because they that partake of the benefit are believing and beloved. These things teach and exhort. 3   If any man teacheth a different doctrine, and consenteth not to sound words,  even  the words of our Lord Jesus Christ, and to the doctrine which is according to godliness;   4   he is puffed up, knowing nothing, but doting about questionings and disputes of words, whereof cometh envy, strife, railings, evil surmisings,   5   wranglings of men corrupted in mind and bereft of the truth, supposing that godliness is a way of gain. 6   But godliness with contentment is great gain:   7   for we brought nothing into the world, for neither can we carry anything out;   8   but having food and covering we sh

Measuring efficiency of electric cars in miles/gallon does not make sense. A better metric is kWh/100-miles. https://dothemath.ucsd.edu/2011/08/mpg-for-electric-cars/ Measuring your savings in dollars does not make sense, as the denominator of dollars in existence is unknown and arbitrarily growing. A better metric is bitcoin.

Bitcoin is uncensorable, because assets can be confiscated. “Hong Kong Freezes Listed Shares of Media Tycoon Jimmy Lai Under Security Law” https://www.theepochtimes.com/hong-kong-freezes-listed-shares-of-media-tycoon-jimmy-lai-under-security-law_3816170.html Bitcoin is perfectly scarce, because intentionally or unintentionally trusted institutions dilute the purchasing power of their money. “Fed Goal: Destroy 26% Of Dollar's Buying Power In 15 Years” https://www.zerohedge.com/economics/fed-goal-destroy-26-dollars-buying-power-15-years Sound money is not meant only to be earned and spent, but also to be held (without losing value).

“ If “The State” cannot feed itself, if it cannot fund itself. If it cannot fund itself, then it cannot perpetrate the crimes it continues to commit. This is the core of the game. You and I cannot win a game of monopoly if there is a player who plays the bank. The best we can hope to do is make friends with the banker and join him in screwing everyone else over. That’s where we are today. On a Fiat Money standard, the incompetent fools in government (and it’s cronies or affiliates) can continue to fund themselves with the wealth we, and our future generations, produce. They will keep trying to substantiate their existence by getting in the way of free individuals, by robbing 1 Peter to pay 4 Paul’s under the guise or “the greater good”, and when that doesn’t work, they will resort to violence or force to get what they want.” https://svetski.medium.com/fiat-fascism-and-communism-d185e66733b

“ The entire ‘debate’ around Bitcoin’s usage of energy fundamentally rests on whether or not one recognises the need for a politically independent monetary system as a   voluntary and freely available alternative   to permissioned and often outright weaponised government monies. If your answer to that is no, then no argument would suffice to convince you that Bitcoin is anything other than a complete waste, whether it consumes one GWh per year or a million. However, in such a case there should also be nothing to worry about: If Bitcoin serves no purpose and is a bubble, then surely no one will be willing to pay its electricity costs over time and it will die, taking its consumption with it. Problem solved, no? If on the other hand the answer is yes, the story is quite different. Because in return for its electricity consumption, Bitcoin provides a set of unique monetary properties to its users—properties that cannot be replicated by politically dependent monies nor by physical commodit

“… the societal value Bitcoin provides is worth the resources needed to sustain it.” https://hbr.org/2021/05/how-much-energy-does-bitcoin-actually-consume https://www.zerohedge.com/markets/tesla-suspends-bitcoin-payments-over-concerns-about-environmental-impact

"BITCOIN IS REVOLUTIONIZING THE ENERGY INDUSTRY | STEVE BARBOUR & MARTY BENT" https://m.youtube.com/watch?v=XzQeNeGTLCk

"The non-aggression principle (also called the non-aggression axiom, or the anti-coercion or zero aggression principle or non-initiation of force) is an ethical stance which asserts that "aggression" is inherently illegitimate. "Aggression" is defined as the "initiation" of physical force against persons or property, the threat of such, or fraud upon persons or their property. In contrast to pacifism, the non-aggression principle does not preclude violent self-defense." https://wiki.mises.org/wiki/Principle_of_non-aggression

"When weapons or tools of production can be effectively hoarded or monopolized, they tend to centralize power." - James Dale Davidson, The Sovereign Individual: Mastering the Transition to the Information Age Governments have a monopoly on violence.  "Violence is the ultimate boundary force on behavior; this, if you can understand how the logic of violence will change, you can usefully predict where people will be dropping or picking up the equivalent of one-hundred-dollar bills in the future." - James Dale Davidson, The Sovereign Individual: Mastering the Transition to the Information Age Tax is latin for 'take'. Governments take money that you earned. This is not voluntary, or part of a social contract. Try not paying your taxes, and you will witness the government threaten violence, force, imprisonment, all in an effort to change your behavior. "In almost every competitive area, including most of the world’s multitrillion-dollar investment activity,

“ The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. ” - Satoshi Nakamoto

"I don't believe we shall ever have a good money again before we take the thing out of the hands of government. That is, we can't take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can't stop." - F. A. Hayek in a 1984 interview F. A. Hayek Video Interview: https://m.youtube.com/watch?v=S6w5gnex8VU Denationalization of Money book (free pdf): https://iea.org.uk/wp-content/uploads/2016/07/Denationalisation%20of%20Money.pdf