Thread by @allenf32

#Bitcoin is Ariadne. #Bitcoin is Halal. #Bitcoin is Gravity. #Bitcoin is Logos. #Bitcoin is Techne.

#Bitcoin is Venice.

No one knows what it means, but it's provocative! It gets the people GOING!

allenfarrington.medium.com/bitcoin-is-ven…

thanks to @giacomozucco, @saifedean, and @obaidkav.

h/t to @joelkotkin, @parkeralewis, @pmarca, @ktlannan, @PrestonPysh, @JackMallers, @pierre_rochard, @Croesus_BTC, @balajis, @nic__carter, and @gwern.

plus @Alex_Danco just for shiggles.

"Bitcoin is simply an alternative; an exit valve; an opt-out. It is competing only insofar as it is proving to be a far superior alternative. It is not a sword for Theseus to fight the Minotaur, but a thread to follow to exit the labyrinth. Bitcoin is Ariadne."

"What remains of interpersonal, non-programmatic banking is likely to look very similar to the proscriptions of Islamic finance, with a dramatically reduced role for debt, and a focus on risk-sharing rather than risk-transfer. Bitcoin is halal."

"Bitcoin was weakest when smallest, but less so the more time passes. Bitcoin is a black hole sucking unsustainably artificial value beyond its event horizon. As it grows, so does its pull. Bitcoin is gravity."

"Efforts to ban Bitcoin, while they will certainly be attempted, will also almost certainly fail. Bitcoin is the ultimate samizdat. Bitcoin is logos."

"No alternative has ever actually worked. Given the problems Bitcoin solves are very clearly not just academic but are core to human civilization, actually working is rather important. Bitcoin is techne."

"I am quite partial to the romantic idea that Bitcoin was discovered rather than invented. It is a foundation to scale the next great phase of economic progress. Bitcoin is Venice."

essay in meme form:

n.b. this is a ~30 minute read, so don't say I didn't warn you!

but also, I will soon be serializing the entire trilogy into 14 sections, each 5-10 mins long, for much more convenient reading and referencing.

watch this space 😃