A thread summarizing "Sovereignism Part 1: Digital Creative Destruction"

My 12-part essay series explores the digital disrup­tion of the nation-state and the subse­quent amplification of individual sover­eignty during the digital age.

swanbitcoin.com/sovereignism-p…

Let's dive in ⬇️
Statism is a system of socioe­co­nomic organi­za­tion which origi­nated in the Indus­trial Age. Statism includes all state imple­men­ta­tions of capitalism, commu­nism, fascism, and all other state ‑isms; it does not refer to these ideolo­gies in any pure sense.
Statist imple­men­ta­tions arose in the 20th century, when the only known mode of sustain­able human organi­za­tion was a top-down, centrally controlled nation-state.
In the 21st century, digiti­za­tion is devouring every ineffi­cient techno­log­ical imple­men­ta­tion: from media and dating, to adver­tising and travel. In the sphere of statism, digital tools are antiquating analog nation-states by radically empow­ering individ­uals.
20th century capitalism triumphing over commu­nism is the classic Schumpterian process of “creative destruc­tion,” where innova­tion obsoletes older and less energy efficient tools and systems, liber­ating energy for alloca­tion to other aims.
Tools are systems are similar. As a socioe­co­nomic system, capitalism allocates energy more intel­li­gently than commu­nism. Organi­za­tional wellbeing is maximized when individual sover­eignty is prior­i­tized. Capitalism did this well, but was hampered by state inter­ven­tion.
Stopping the alloca­tion of human energy into “manage­ment of” (more accurately, politicking over the power to manage) the money supply, mankind liber­ates his energies to construct more robust socioe­co­nomic struc­tures on the unshak­able founda­tion of immutable money.
Bitcoin is a momen­tous monetary innova­tion enabling a new mode of non-nation-state human organi­za­tion, a “purified” form of capitalism free of nation-state inter­fer­ence and deserving of its own neolo­gism—sovereignism.
Even more deeply rooted in free market princi­ples than statist capitalism, sovereignism promises to be an unrivaled allocator of energy toward the higher satis­fac­tion of human wants.
As an intrin­si­cally more adaptive, fluid, and volitional system for allocating socioe­co­nomic energy across space­time, Bitcoin-enabled sovereignism outcom­petes the closed-source, analog, and compul­sory organi­za­tion of nation-states.
Societies adhering to organi­za­tional princi­ples consis­tent with sover­eignism (broad indus­trial priva­ti­za­tion, debureau­cra­ti­za­tion, consen­sual taxation, Bitcoin, etc.) will generate more wealth than the command-and-control economies of more rigid nation-states...
...and attract more citizens. More compet­i­tive juris­dic­tions mean less toler­ance for bureau­cratic waste­ful­ness, and more wealth generation. As citizens wake up to this new reality, the modern obses­sion with state politics will fade into a relic of a bygone era.
Sover­eignists who rise to the occasion will no doubt be tested, as nation-states will fight back in an attempt to retain their tradi­tional powers over popula­tions. As The Sovereign Individual describes it:
Although this transi­tion may seem alarming and poten­tially chaotic, the end-game of sover­eignism is an explo­sion of wealth and a commen­su­rate human flour­ishing in the wake of nation-state disso­lu­tion.
Self-organizing digital organi­za­tions—like #Bitcoin—stand to become the greatest testa­ments to Schumpterian creative destruc­tion known to history. In the age of sovereignism, mankind will shed dependence on the nation-state and reclaim individual power.
Read "Sovereignism Part 1: Creative Digital Destruction" at the link below.

Thank you: @SwanBitcoin @Bquittem @CitizenBitcoin @dergigi @BVBTC @skwp @ReedWommack #Bitcoin

swanbitcoin.com/sovereignism-p…

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More from @Breedlove22

23 Jan
Every law, every social norm, every civil liberty, every human right, every culture: the authority and longevity of socioeconomic order itself is shaped by the one true (meaning, free market selected) sovereignty system active in the world today—gold.
Gold remains the singular dominant money in the world. In the unregulated geopolitical sphere, nation-states go to war over it, fund war with it, and the victors write new laws.
Gold is the call option on all human creativity past and present, since it lays claim to all savings in society. Gold is absolute power.

All socioeconomic systems we think have power are really just derivatives of this ancient golden reservoir of sovereignty.
Read 5 tweets
3 Nov 20
A quick thread walking through some of my latest piece "Our Most Brilliant Idea" where I explore the nature of ideas, their generative source, and (of course) #Bitcoin

swanbitcoin.com/our-most-brill…
Ideas are the origins of everything we say, do, or make. The purpose of any economy is to generate and share useful ideas through free trade (to achieve what economists call the division of labor or knowledge specialization).
Resultant knowledge encodes the patterns of action we use to etch our imaginations into the world around us. Winning ideas are chosen by the market, only to be widely distributed as material riches, finer manners and morals, and more profound art.
Read 14 tweets
29 Oct 20
MMT is a lie. #Bitcoin is the truth.

An honest thread about a dishonest thread from @StephanieKelton

A deficit occurs when any organization—a family, a company, or a government—generates expenses that exceeds its revenues.

Most call this a "net loss," but for governments it is typically called a deficit.

But how can the US government continually spend more than it earns?
Simple: the US government can print more US dollars ("points" as she calls them) to cover its deficit.

US dollars (and all fiat currencies) are simply a claim on the savings of society—redemption certificates for the goods, services, and knowledge generated by productive people.
Read 12 tweets
5 Jul 20
1/22. In the spirit of independence day weekend, I just published my latest writing: “Masters and Slaves of Money" where we explore why central banking is an institution of time-theft and #Bitcoin is a weapon for peace.

medium.com/@breedlove22/m…
2. In 1776, the US declared its independence from England. For years, the decentralized state network resisted the implementation of a central bank, knowing the evils it had caused in eras past. Today with Bitcoin, people globally are declaring their independence from The Fed.
3. Money is a tool for trading human time. Central banks, the modern-era masters of money, wield this tool as a weapon to steal time and inflict wealth inequality. History shows us that the corruption of monetary systems leads to moral decay, social collapse, and slavery.
Read 26 tweets
27 May 20
When fiat currency dies, conditions tend toward deflation first (since money becomes more valuable when uncertainty looms), before becoming increasingly inflationary and, finally, hyperinflationary. #Bitcoin was purpose-built for this.

A thread on my current macro view on USD:
Economic uncertainty is extremely high. Market participants are stashing dollars to self-insure against this uncertainty. Consumers are delaying discretionary and major purchases.
This behavior further constricts economic activity in a consumer-driven society, leading to more economic fallout, more uncertainty, and so on recursively. Policy responses are increasingly uncertain (so much so that the charts are broken temporarily):
Read 28 tweets
2 May 20
Many people have asked me to share the notes from my appearance on the @APompliano podcast where we discussed "An Open Letter to @RayDalio re: #Bitcoin"

This thread is a distillation of those notes, let's begin⏬

medium.com/@breedlove22/a…
Everything we say, do, or make starts out as an idea. The purpose of the world economy is to generate and share useful ideas through trade. As we trade, our ideas become better, giving everything we say, do, or make more specialized qualities
Consider how our transportation technologies have gone from wagons, to automobiles, to airplanes. In trade, everything is valued at some ratio of everything else. For instance, this car might be worth 132 chairs, or this house worth 11 cars.
Read 113 tweets

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