Thread by @BowTiedBarbary

Struggling to connect #Bitcoin and "Degen Island"?

We are all @BowTiedBull
We are all Sovereign Degens

SOVEREIGN INDIVIDUAL and CRYPTO

✅Decentralization
✅Decline in War
✅Information Revolution
✅Decline of Nation-States
✅"Citadel" Meme

amazon.com/gp/product/068…

MAIN MESSAGE

✅21st Century = Dawn of Information Revolution

✅Church - Middle Ages

✅Nation - Industrial Ages

✅Sovereign Individual - Information Age

KEY POINTS
Written in 1997, SI called for...

✅Rise of "cybermoney" (BITCOIN)
✅Digital Nomads, Digital Wealth
✅Increasing Inequality within borders
✅Bio Warfare, Plague, Travel Bans
✅End of Industrial Age
✅Unemployment, Automation

FORCE THEORY OF GOVT

✅Govt = Monopoly of Violence

✅Strongest Army in SPECIFIC LOCATION --> Power

Industrial Age:
✅Taxes = Extortion (Monopoly Price)

Information Age:
✅Taxes = Voluntary purchase

✅Individuals = Sovereign Customers
✅Govts = Protection Business

TAXATION AND INFLATION

✅SI (1997) predicted "cyber currency"

✅Sovereign Money --> Sovereign Individual

✅Wealth not taxable through inflation

✅Fiat FUELS NATION-STATES

BITCOIN = Separation of Money + State

✅95 Theses --> BTC Whitepaper
✅Martin Luther --> Satoshi
✅Oct. 31st, 1517 --> Oct. 31st, 2008

✅Church v State --> Money v State
✅Religious Reformation --> Monetary Reformation
✅Printing Press --> Bitcoin
bowtiedbarbary.substack.com/p/bitcoin-sepa…

Cybermoney - Cybercash - Cybercommerce

*Ends Taxation through Inflation*

✅Fiat requires large, Armies and Navies
✅Crypto requires cheap, asymmetric encryption

✅Fiat Inflation fuels war - Expensive Offense
✅Crypto is Cause for Peace - Easy Defense

@BowTiedJungle Translation

✅Degen Island: mythical "citadel" / private city
✅HFBK: Rising Inequality, Unemployment
✅NGMI: Dangerous Decline during Transition

✅"Few." --> Inequality, 1-3% Minority

Equal Opportunity, Unequal Results (@BowTiedBull )

✅Rising Inequality within Borders
✅Reducing Inequality across Borders

✅Decentralized Property
✅Decentralized Communication
✅Decentralized Production

DIGITAL NOMADS and TAX HAVENS

✅Sovereign Wealth --> Sovereign Citizenship
✅Smaller Nations Compete for YOUR Business

https://twitter.com/BowTiedBarbary/status/1405373129879437313?s=20

COVID and CRYPTO

@100trillionUSD noted:
1997, Sovereign Individual calls for "biological event"

Form Your Own Opinion...

CRYPTOCURRENCY / BLOCKCHAIN

1 in 500-year event?

...or more

✅Agrarian Ages
✅Industrial Ages
✅Information Ages

WARFARE

✅Fiat Fuels War

INDUSTRIAL AGE

Economies of Scale --> Centralization
✅Large # Soldiers
✅Large # Employees
✅Large # Bureaucrats

INFORMATION AGE

Diseconomies of Scale --> Decentralization
✅Distributed Networks
✅Distributed Knowledge
✅Distributed Wealth

BITCOIN CITADELS

"Citadel" Origin: "BTC Time Traveler on Reddit"

✅Ugly Transition: Central Govts to Information Age
✅Citadel: Private Cities defending BTC Elite
✅Cyberwarfare, Civil War, Extortion
✅Early Adopters + Fiat Rich (late conversion)

reddit.com/r/Bitcoin/comm…

In the meantime...

✅Break the Rules, Not the Law
✅Shave Against the Grain
✅Momento Mori

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MONETARY REFORMATION

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Sovereign Mind, Money, Masculinity

Exploring: Stoicism, Carnivore, Fasting, Meditation, Pysch

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