Nostr Web Client

Nature exists in a state of anarchy and the only “rules” are those of physics…

Ownership of property is ultimately a game of power projection and all life is in perpetual power projection. Humans are great abstraction machines and are able to avoid this until the cornot equilibrium shifts to be too profitable to attack. Thus the final settlement layer of society is war or power projection. Bitcoin can become that final settlement platform for whatever amount of rules and value are put onto the network if it is 10% of global value it stands to reason that around 10% of power projection will be bitcoin mining. Potentially much more since any amount of power projection should give a reward via mining pools. In war countries must expand a minimum amount of force to achieve their objective and must face repercussions from countries not in favor of their actions. Because of this bitcoin mining will be a more efficient return on investment for power projection. The Carnot equilibrium for attack would completely change as Bitcoin became a dominant asset globally.

If Bitcoin becomes a parrellel payment system and store of value then the world being more at war would increase its value(I suspect market cap must get to at least golds for that to happen). This means that if things did get bad enough that countries wanted to do final settlement in war which appears to be happening more and more, then the value of bitcoin rising would decrease that likely hood.

At this point the system that is the most prosperous essentially wins. Central Banks, politicians, and governments don’t have much say in the matter, this is a fair fight of the petro-dollar system vs a digital store of value system backed by location independent energy. Either a small amount of inflation is necessary for society and bitcoin is a backup system that also allows for development of small nations and levels the playing Feild and keeps the country in charge of printing somewhat in check, or an Austrian economic model is preferred by individuals, bitcoin standard is the winner and disrupts the keysnian model completely.

#bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4

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Deleted Account 1y ago

If society could ever function in anarchy, it seems reasonable that a scarce system of receipts on the rules of anarchy which is physics would be needed. At the very least the minimum amount of forms of rehypothication of money and rules(government) would be allowed to exist, but no more than needed. Rehypothication if expanded from just monetary policy exists in all group hallucinations like government or digital communication where bots can commit rehypothication with information for essential no cost. We are bound to make more than necessary. Bitcoin is the check that makes it the minimum amount necessary for optimal society, individuals can opt out of monetary versions, government versions, and digital versions of rehypothecation using bitcoin. It will changed the relationship to government and social media feeds to a consensual one where we will all have many options in what kind of government or client we want to use/live in. Both will be forced to provide the best experience possible.

#bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4