,
9 tweets,
2 min read
Read on Twitter
1/ Bitcoin is the unstoppable force that obliterates immovable objects. Never before have we seen a self-reinforcing technology of this calibre. Its incentive mechanisms effectively guarantee its inexorable improvement.
2/ It is an infectious three headed beast; technological, economic, and ideological, that consumes all in its path. In order to break its steadfast economic equilibrium, a catastrophic system failure must occur. With every second of continued operation, this becomes less likely.
3/ The Demand for SoV➙Price Increase➙Increased Mining Profitability➙Increased Hash Rate➙Greater Resilience➙Bitcoin Survives Longer➙Repeat. The Beast suffocates almost a hundred years of Keynesian tradition like a powerful Katabatic wind.
4/ Catalytic currents stir in the deep, as cracks appear in the Land of the Old and a generational delusion prevents wider participation. Myopia will be punished, and malleability of mind rewarded — ironic, in the Immutable Age.
5/ Once a critical threshold had been hit, there was no going back. We witness its explosive proliferation all around us. 461,000,000 Google hits. 50,400 academic entries. 50,000,000 terahashes of compute power put to work. 457,099,000,000 USD transacted.
6/ Immense and profound cultural changes are afoot as the drivers of society begin to shift. The emancipatory nature of Satoshi’s creation will level the playing field with epoch-defining brilliance.
7/ Never again will you taste such a maddeningly asymmetric bet. Do not procrastinate in your decision making.
(It's an acrostic)
