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2024-10-07 12:00:36

powmaxi on Nostr: Bitcoin is fundamentally a bottom-up technology. It’s about decentralizing power, ...



Bitcoin is fundamentally a bottom-up technology. It’s about decentralizing power, allowing individuals—regardless of their wealth or status—to opt out of the parasitic structures of fiat and centralized control. Hyperbitcoinization, in my view, isn’t something that needs elite coordination or a top-down push. Rather, it's about people making the conscious choice to shift their energy and value out of fiat and into a system that benefits from voluntary adoption and self-sovereignty.

You’re right that the parasitic elites will resist Bitcoin, but that’s where Bitcoin’s strength lies: it doesn’t need to overthrow them in a direct confrontation. Just by refusing to participate in their system and redirecting our energy into Bitcoin, we’re creating a parallel economy, a system that naturally rewards those who opt in. Over time, Bitcoin’s decentralized nature makes it impossible for elites—new or old—to control. It thrives on the collective strength of individuals choosing a better system, not on an organized counter-elite flipping the tables.

In essence, Bitcoiners can win by simply refusing to play the old game. By redirecting energy away from the parasitic system, Bitcoin succeeds from the ground up, one person at a time, without needing centralized leadership or a financial elite to guide it. It's a different path to success—one where coordination is distributed, and power is naturally diffused among its users.
#Bitcoin
Everyone has bugbears about #Bitcoin and #Bitcoiners.

Mine is the lack of elite theory that Bitcoiners have studied and/or discuss. Seems to be too far out there for Ancap-types who acknowledge natural hierarchies but then shy away from the reality of it.

Many seem to think we’ll have hyperbitcoinisation entirely without impetus - ie fiat money printing will do all the heavy lifting and we’ll just end up in this idyllic world where government is restrained because everyone has seen the light and adopted Bitcoin and they can’t print more. I assign a roughly 0.00001% chance to that outcome.

The heaviest weighted category in my view (with diverging paths at a certain point) is Bitcoin has a massive run and creates a new financial elite which could become a new social counter elite. This happens *well before* government is occupied by non-parasites who will be on a warpath for a wealthy but highly disorganised class of people who have the means to destroy them but lack the coordination.

That will be the time to plant Bitcoin’s flag for a new system. Not when status quo institutions have spilled our blood and were forced into joining and then co-opting our economic system - that’s FAR too late.

That flag won’t be planted unless we give serious thought and mindshare to how such a system could work and what tradeoffs we’d all be willing to accept for the least bad system because rest assured, normies will stick with the parasites if the parasites are the only ones articulating a vision, even if their vision sucks.

I’m here to embrace the new counter elite, and to work with likeminded Bitcoiners on ways to uproot the establishment and replace them *permanently* with fewer shitcunts.

NGU for me only matters insofar as it allows tables to be flipped.

I don’t want a lambo, I want a dynasty.

I don’t want fiat justice to prevail, I want the natural justice of parasite head’s on pikes for what they’ve done to the people.

I want new fables written about the evils of usury and new myths to take root in civilisation about what is good and righteous that cross religions and cultures.

I want #Bitcoin and #Bitcoiners to succeed to their fullest, by replacing the parasitic system rather than just usurping it.

That’s what I’m here for - how about you?
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