Thread by @ObiWanKenoBit

0/Three years ago I published an article about Hyperbitcoinization. The unfolding macro economic climate has only intensified my belief in the thesis. Bitcoin will become the world’s reserve currency and more. A thread ⤵️

medium.com/coinmonks/hype…

1/Hyperbitcoinization is not the end game but a universe of possibilities. It is a continuum of effort that seeks to guide and protect against our own human follies. We seek control over money to assert control over all others. We have allowed politics to supersede prosperity.

2/Centralization of money has given birth to an authoritarian class spanning political affiliations. Macroeconomic policies spin an intricate web constraining individual will exerting control over every aspect of life. Fiat is the grift and has gifted us a global supermax.

3/The path to freedom is fraught with obstacles. It propels us into a free fall. It asks us to abandon the world we have known since birth. Imagining a future aligned with the individual over the collective requires a reimagining of the present & the past. It asks us to work.

4/We live within an ideological framework that has sapped the will from our minds, drained energy from our bodies, and dampened our very spirits. We are the ghosts of ourselves. Wispy remnants, distant voices that can hardly muster a call for help.

5/Fiat sacrifices future for present rewards. Bitcoin sacrifices the present for the future. Fiat promises a world without simple savings. Bitcoin promises a world without debilitating debt. Fiat offers a world of jobs. Bitcoin offers a world of opportunity.

6/Bitcoin sprouted from a great fracture in the global economy. The 2008 GFC marked the beginning of an outright conflict between the political establishment and the public. Theft on the grandest scale took trillions from citizens who had no recourse to recoup their lost time.

7/Unlike kings and dictators who subjugated their citizens to physical oppression and violence, the modern ruling class has turned to economic and social oppression. The welfare state has ballooned at the behest of the very people who suffer the most within its borders.

8/Bitcoin offers the means to resistance. More than a revolution, Bitcoin is a spontaneous evolutionary adaptation to a century of fiat oppression. Satoshi made a money transparently verifiable and available to any who seek it regardless of political or national jurisdiction.

9/Bitcoin is not only channeling capital flight. Intellectual, technical, and financial expertise is flowing directly into its growing ecosystem. At first a trickle, now a steady stream. Soon a tsunami of knowledge exiting the fiat matrix.

10/The world of Bitcoin is open to any who wish to participate. Writers from all walks of life are building a repository of Bitcoin knowledge - papers, essays, treatises & tweets - not unlike the body of work published in support of the Constitution by its framers centuries ago.

11/Despite being catapulted upon the world stage, Bitcoin's detractors view it as a meme, ponzi & vaporware. This rhetoric ironically confirms Bitcoin looms large as a definitive existential threat to the fiat matrix. Bitcoin is an erratum that can not be easily eradicated.

12/Fiat’s usefulness is nearing an end. Its core tenets remain but like the crumbling Roman Empire, far flung corners are beginning to assert independence. The dollar hegemony has reached a critical juncture & even its caretakers posit an end to the USD’s reserve currency status.

13/At the ragged edges of the fiat empire, Bitcoin is forming the locus of a new global framework. Bitcoin is an emergent network of new identities that cross collaborate and compete at will without restriction. Ideological bonds are temporary and self-serving.

14/Yet these seemingly conflicting wants work in concert to preserve and grow the Bitcoin network. Forced aggregation is supplanted by free willed pursuit in which all benefit from individual economic accretion.

15/Bitcoin is reshaping the foundations of our human economy. Time restoration is its keystone and from this single principle a principled economy emerges offering its voluntary participants value of time and meaning in life.

16/Bitcoin offers a unique proposition. You shall be not be happy to just survive but will thrive and live well. The fiat-centric model of our world feeds upon our time and Bitcoin seeks to restore time to its rightful owners.

17/Paradise once lost is reclaimed. The barren lands of the barons of our bondage are revived. Prosperity and delight follow yet not as long awaited one time gifts. Each day we are feted with knowing today’s work shall remain unsullied.

18/Bitcoin has limitless capacity. It can absorb an entire global economy and restore humanity’s trust in its money instruments. A simple proposition not so easily achieved when theft lies at the heart our economy.

19/Yet Bitcoin has revealed the plain facts of our condition. Unsound money has corrupted economic action. We do not act with our own interests in mind but rather align them with those of authority. We are rewarded with largesse when we please the masters of money.

20/Hyperbitcoinization offers not just a period of grand innovation but a historic restoration of the human condition. It rehabilitates a civilization mired in war and hunger for more. It takes from the takers and gives to the givers.

21/As we move further into Hyperbitcoinization Satoshi’s message will become clearer. Bondage of blind trust will be replaced with the gift of willful work. In this way corrupted excesses of our world are transformed into the celebrated successes of self.

#Hyperbitcoinization