๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ถ๐ ๐๐ต๐ฒ ๐๐ถ๐ฟ๐๐ ๐๐ถ๐ด๐ถ๐๐ฎ๐น, ๐ ๐ผ๐ป๐ฒ๐๐ฎ๐ฟ๐, ๐๐ฃ๐๐ง๐๐ฎ ๐ก๐ฒ๐๐๐ผ๐ฟ๐ธ โ ๐ง๐ต๐ฒ ๐ฆ๐ฎ๐๐น๐ผ๐ฟ ๐ฆ๐ฒ๐ฟ๐ถ๐ฒ๐, ๐ฃ๐ฎ๐ฟ๐ ๐ฐ
๐๐ตโ๐ด ๐ข๐ญ๐ด๐ฐ ๐ต๐ฉ๐ฆ ๐ฐ๐ฏ๐ญ๐บ ๐ฐ๐ฏ๐ฆ ๐ต๐ฉ๐ข๐ตโ๐ด ๐ฅ๐ฆ๐ค๐ฆ๐ฏ๐ต๐ณ๐ข๐ญ๐ช๐ป๐ฆ๐ฅ.
This continues my review of the Saylor Series. For Part 3, follow the link at the bottom of this post.
In yesterdayโs post, I shared nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5mโs insights on nostr:npub15vzuezfxscdamew8rwakl5u5hdxw5mh47huxgq4jf879e6cvugsqjck4umโs show, about how Bitcoin is harder, smarter, faster, and stronger than any technology before it.
Today, Iโll explore the ways Bitcoin achieves near-frictionless value transfer, solves age-old problems with commodity money, and has become ๐ฉ๐๐ ๐ข๐ค๐จ๐ฉ ๐๐๐๐๐๐๐๐ฃ๐ฉ ๐ข๐ค๐ฃ๐๐ฉ๐๐ง๐ฎ ๐จ๐ฎ๐จ๐ฉ๐๐ข ๐๐ฃ ๐๐๐จ๐ฉ๐ค๐ง๐ฎ.
Letโs go๐
๐๐ป๐๐ถ๐ด๐ต๐ #๐ญ: ๐ฆ๐๐ผ๐ฟ๐ฒ ๐ผ๐ณ ๐ฉ๐ฎ๐น๐๐ฒ
Bitcoin provides a lossless way to store monetary energy over time. Bitcoin's fixed supply resists inflation, while fiat always succumbs to money printing, and gold is subject to discoveries of new deposits and mining techniques. A truly ๐ง๐ช๐น๐ฆ๐ฅ supply means you know your proportion to the whole, and know it will not change. In that sense, ๐๐ต๐ฒ๐ป ๐๐ผ๐ ๐๐ผ๐ฟ๐ธ ๐๐ผ ๐ด๐ฟ๐ผ๐ ๐๐ต๐ฒ ๐๐ฎ๐น๐๐ฒ ๐ผ๐ณ ๐๐ผ๐๐ฟ ๐๐น๐ถ๐ฐ๐ฒ, ๐๐ต๐ฒ ๐ฒ๐ป๐๐ถ๐ฟ๐ฒ ๐ฝ๐ถ๐ฒ ๐ด๐ฟ๐ผ๐๐. This is the true definition of โStore of Valueโ.
๐๐ป๐๐ถ๐ด๐ต๐ #๐ฎ: ๐๐๐ฐ๐ฎ๐ฝ๐ฒ ๐ฉ๐ฒ๐น๐ผ๐ฐ๐ถ๐๐ ๐ ๐ผ๐ป๐ฒ๐
Bitcoin breaks free of constraints that limit existing monetary networks, like ๐ถ๐ป๐๐๐ถ๐๐๐๐ถ๐ผ๐ป๐ฎ๐น ๐ฐ๐ผ๐๐ป๐๐ฒ๐ฟ๐ฝ๐ฎ๐ฟ๐๐ ๐ฟ๐ถ๐๐ธ and ๐ด๐ฒ๐ผ๐ด๐ฟ๐ฎ๐ฝ๐ต๐. ๐๐ช๐ต๐ค๐ฐ๐ช๐ฏ ๐ฏ๐ฆ๐ฆ๐ฅ๐ด ๐ฐ๐ฏ๐ญ๐บ ๐ข ๐ค๐ฐ๐ฎ๐ฎ๐ถ๐ฏ๐ช๐ค๐ข๐ต๐ช๐ฐ๐ฏ๐ด ๐ฎ๐ฆ๐ฅ๐ช๐ถ๐ฎ ๐ต๐ฐ ๐ต๐ณ๐ข๐ฏ๐ด๐ง๐ฆ๐ณ ๐ท๐ข๐ญ๐ถ๐ฆ ๐ข๐ฏ๐บ๐ธ๐ฉ๐ฆ๐ณ๐ฆ, thereby transcending the limitations inherent to current moneys and the centralized intermediaries who operate with it โ therefore liberating monetary velocity.
๐๐ป๐๐ถ๐ด๐ต๐ #๐ฏ: ๐ฆ๐๐ฝ๐ฒ๐ฟ๐ฐ๐ผ๐ป๐ฑ๐๐ฐ๐๐ถ๐๐ฒ ๐ ๐ผ๐ป๐ฒ๐
Bitcoin achieves the equivalent of superconductivity in money, minimizing impediments and frictions to value transfer. Just as superconducting materials eliminate electrical resistance, ๐๐ช๐ต๐ค๐ฐ๐ช๐ฏโ๐ด ๐ฏ๐ฆ๐ข๐ณ-๐ง๐ณ๐ช๐ค๐ต๐ช๐ฐ๐ฏ๐ญ๐ฆ๐ด๐ด ๐ฏ๐ข๐ต๐ถ๐ณ๐ฆ ๐ณ๐ฆ๐ฎ๐ฐ๐ท๐ฆ๐ด ๐ค๐ฐ๐ด๐ต๐ด ๐ข๐ฏ๐ฅ ๐ฅ๐ฆ๐ญ๐ข๐บ๐ด ๐ข๐ด๐ด๐ฐ๐ค๐ช๐ข๐ต๐ฆ๐ฅ ๐ธ๐ช๐ต๐ฉ ๐ฎ๐ฐ๐ท๐ช๐ฏ๐จ ๐ท๐ข๐ญ๐ถ๐ฆ ๐จ๐ญ๐ฐ๐ฃ๐ข๐ญ๐ญ๐บ.
๐๐ป๐๐ถ๐ด๐ต๐ #๐ฐ: ๐ง๐ต๐ฒ ๐ฃ๐ผ๐๐ฒ๐ฟ ๐ผ๐ณ ๐๐ฒ๐ฐ๐ฒ๐ป๐๐ฟ๐ฎ๐น๐ถ๐๐ฎ๐๐ถ๐ผ๐ป
Bitcoin's decentralization enables it to harness ๐ฑ๐ถ๐๐๐ฟ๐ถ๐ฏ๐๐๐ฒ๐ฑ ๐ต๐๐บ๐ฎ๐ป ๐ถ๐ป๐ด๐ฒ๐ป๐๐ถ๐๐ and improve itself. Commodity money, by contrast, inevitably suffers from increasing exploitation with increased use, whereas ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ถ๐บ๐ฝ๐ฟ๐ผ๐๐ฒ๐ ๐๐ถ๐๐ต ๐ฏ๐ฟ๐ผ๐ฎ๐ฑ๐ฒ๐ฟ ๐ฝ๐ฎ๐ฟ๐๐ถ๐ฐ๐ถ๐ฝ๐ฎ๐๐ถ๐ผ๐ป.
๐๐ป๐๐ถ๐ด๐ต๐ #๐ฑ: ๐ฟ๐๐ฃ๐จ๐ ๐ง๐ฒ๐น๐ฒ๐ฝ๐ผ๐ฟ๐๐ฎ๐ฏ๐น๐ฒ ๐๐ป๐ฒ๐ฟ๐ด๐ ๐ ๐ผ๐ป๐ฒ๐
Bitcoin condenses monetary energy into an ๐ถ๐ป๐ฑ๐ฒ๐๐๐ฟ๐๐ฐ๐๐ถ๐ฏ๐น๐ฒ, ๐๐ฒ๐น๐ฒ๐ฝ๐ผ๐ฟ๐๐ฎ๐ฏ๐น๐ฒ ๐ฑ๐ถ๐ด๐ถ๐๐ฎ๐น ๐ณ๐ผ๐ฟ๐บ. For any kind of physical money to settle large transfers, it must expend extensive amounts of energy, in a way that's unavoidably slow and fragile.
nostr:npub14hn6p34vegy4ckeklz8jq93mendym9asw8z2ej87x2wuwf8werasc6a32x
Thatโs all for Part 4!
In Part 5 tomorrow, weโll unpack the concept of using Bitcoin to channel ๐บ๐ผ๐ป๐ฒ๐๐ฎ๐ฟ๐ ๐ฒ๐ป๐ฒ๐ฟ๐ด๐ across time and space.
Remember to ๐ฆ๐ต๐ฎ๐ฟ๐ฒ๐ this, give it a ๐๐ถ๐ธ๐ฒ๐ค and ๐๐ผ๐ผ๐ธ๐บ๐ฎ๐ฟ๐ธ๐ it if you found these insights valuable.
Have another insight that you'd like to add?
Let me know in the ๐ฐ๐ผ๐บ๐บ๐ฒ๐ป๐๐โฌ๏ธ
If you missed the overview before this, you can find it here:
