Replying to Avatar Bitopia

#Bitcoin, Resource Depletion & Civilisational Decline

Civilisations are living organisms. They expand and evolve using resources from their surroundings.

This process allows us to solve evermore complex societal and economic problems.

But this growth is not without consequences. It often leads to resource depletion and environmental degradation, speeding up the collapse of civilisations.

A good example is the Western Roman Empire, which left behind barren landscapes devoid of forests or productive soil.

#Bitcoin is a unique and transformative solution that could disrupt this cyclical pattern of civilisational growth and resource depletion.

Biological Evolution

It’s part of our human nature to continually solve increasingly complex problems, requiring more resources. It’s this drive that built today’s world.

This drive to expand can be found in all living organisms. Biological evolution is organisms striving for habitat expansion and exploitation of available resources.

Those who master this process best ultimately win the evolutionary race.

Efficient Use of Resources

Efficient use of resources has always determined civilisational progression, from the Stone Age flint tools to the Industrial Age’s production lines.

As civilisations evolve however, societies and economies become more complex. Requiring increasingly more resources…

At some point, civilisations reach the limits of available resources – either through outright resource depletion or the increasing cost of extracting them.

The Mayan civilisation is an example of a civilisation that exploited its surroundings to such an extent that resource depletion and ecological disruption led to its collapse.

Solving Resource Limitations

Innovation has always been the way civilisations overcome resource limitations. It is the key to making resources more accessible or creating solutions to problems that require less resources (energy, commodities).

Other methods to get around resource limitations have been trade and conquest.

Trade is challenging however, when you don’t produce something the other party wants. And war has its obvious set of challenges and risks.

These methods often result in an escalation of debt, and with it, increasing interest payments.

Growth becomes more expensive with every new unit of debt as interest must be paid first before new productivity gains can be achieved.

It's like being stuck on a treadmill, using energy but staying in the same place.

Currency Debasement & Resource Depletion

The path towards resource depletion and civilisational decline accelerates when societies resort to currency debasement as a way to get rid of physical limitations.

The Romans did this through the reduction of silver in their coins. We do it through loose credit policies of our central banks.

The result is an unsustainable period of artificial prosperity while in the background the economy becomes decoupled from physical reality.

With an abundance of cheap money, it’s all about quantity instead of quality of investment projects.

Resources are squandered, not providing much benefit to society or the economy.

This is where #Bitcoin comes in…

#Bitcoin Solves This…

Civilisations can avoid resource depletion by adopting #Bitcoin as their monetary system.

First, #Bitcoin –similar to gold was to a lesser extent– is hard money with a finite supply.

Opposite to loose credit policies, this incentives quality over quantity investments. This ensures scarce resources are dedicated only to the most productive projects.

Secondly, Bitcoin’s limited supply means governments can’t print it.

Forcing them to stop spending without restraint. Governments, too, would have to compete in capital markets to borrow funds.

The result would be that governments will only have the funds for truly important projects.

Facilitating a more prominent role for the free market, which is better at ensuring more gets done with less.

Finally, #Bitcoin mining is unleashing a revolution in energy markets.

By incentivising renewable energy and productivity innovation, #Bitcoin mining will have a positive impact on resource utilisation, allowing us to extract more energy, more efficiently, with the resources we have at hand.

Conclusion

#Bitcoin is the paradigm shift that can help us avoid the inevitable decline of every civilisation we built.

It’s hard money principles, encouragement of quality investments and incentivisation of renewable energy,

#Bitcoin provides the solution to the cycle of resource depletion and civilisational decline.

#Bitcoin is the key to a more stable and sustainable future!

Because governments can't print #Bitcoin, it forces them to limit their spending to the most important projects.

This gives room to the free market (a much more efficient allocator of scarce resources).

nostr:note17vtf207nu53rcv2hs94ew549v7dsm7xmmqheagdddayvvpr7ug0qk97ze6

Reply to this note

Please Login to reply.

Discussion

No replies yet.