๐—ง๐—ต๐—ฒ ๐—Ÿ๐—ผ๐—ป๐—ด ๐—ฅ๐—ผ๐—ฎ๐—ฑ ๐˜๐—ผ ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป โ€” ๐—ง๐—ต๐—ฒ ๐—ฆ๐—ฎ๐˜†๐—น๐—ผ๐—ฟ ๐—ฆ๐—ฒ๐—ฟ๐—ถ๐—ฒ๐˜€, ๐—ฃ๐—ฎ๐—ฟ๐˜ ๐Ÿฎ

๐˜š๐˜ญ๐˜ฐ๐˜ธ๐˜ญ๐˜บ ๐˜ฃ๐˜ถ๐˜ต ๐˜ด๐˜ถ๐˜ณ๐˜ฆ๐˜ญ๐˜บ, ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฎ๐˜ช๐˜ด๐˜ต๐˜ข๐˜ฌ๐˜ฆ๐˜ด ๐˜ข๐˜ฏ๐˜ฅ ๐˜ด๐˜ถ๐˜ค๐˜ค๐˜ฆ๐˜ด๐˜ด๐˜ฆ๐˜ด ๐˜ฐ๐˜ง ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฑ๐˜ข๐˜ด๐˜ต ๐˜ฃ๐˜ณ๐˜ฐ๐˜ถ๐˜จ๐˜ฉ๐˜ต ๐˜ถ๐˜ด ๐˜ต๐˜ฐ #Bitcoin

This is a continuation of my overview on the Saylor Series. For Part 1, follow the link at the bottom of this post.

Yesterday, I listed insights from nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5mโ€™s explanation to nostr:npub15vzuezfxscdamew8rwakl5u5hdxw5mh47huxgq4jf879e6cvugsqjck4um of humanityโ€™s rise, and how society developed and arrived at its modern technologically advanced state.

Today, we will explore the accidents and careful iterations that led to both humanityโ€™s greatest achievements and worst regressions.

Let's dive in! ๐Ÿ‘‡

๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜ #๐Ÿญ: ๐—–๐—ผ๐—ป๐˜๐—ฟ๐—ผ๐—น ๐˜๐—ต๐—ฒ ๐—˜๐—ป๐—ฒ๐—ฟ๐—ด๐˜†, ๐—–๐—ผ๐—ป๐˜๐—ฟ๐—ผ๐—น ๐˜๐—ต๐—ฒ ๐—ช๐—ผ๐—ฟ๐—น๐—ฑ

The great empires of history grew by building networks to harness energy, resources, and commerce, allowing them to ๐˜๐—ฎ๐˜… ๐—ฎ๐—ป๐—ฑ ๐—ฒ๐˜…๐—ฒ๐—ฟ๐˜ ๐—ฝ๐—ผ๐˜„๐—ฒ๐—ฟ ๐—ผ๐˜ƒ๐—ฒ๐—ฟ ๐˜๐—ฟ๐—ฎ๐—ฑ๐—ฒ. Controlling these logistical networks was crucial for military dominance and economic might. ๐Ÿ’ช

๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜ #๐Ÿฎ: ๐—ง๐—ต๐—ฒ ๐—–๐—ต๐˜‚๐—ฟ๐—ฐ๐—ต ๐—ฎ๐—ป๐—ฑ ๐— ๐—ผ๐—ป๐—ฒ๐˜†

Religion and money were intimately tied, as governments needed to control both spiritual authority and monetary policies to remain in power. Many today enjoy the separation of church and state, and now ๐˜ต๐˜ฉ๐˜ฆ ๐˜ด๐˜ฆ๐˜ฑ๐˜ข๐˜ณ๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ ๐˜ฐ๐˜ง ๐˜ฎ๐˜ฐ๐˜ฏ๐˜ฆ๐˜บ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ด๐˜ต๐˜ข๐˜ต๐˜ฆ ๐˜ช๐˜ด ๐˜ธ๐˜ฆ๐˜ญ๐˜ญ ๐˜ถ๐˜ฏ๐˜ฅ๐˜ฆ๐˜ณ๐˜ธ๐˜ข๐˜บ. ๐Ÿฆ

๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜ #๐Ÿฏ: ๐—ฆ๐—ฒ๐—ฟ๐—ฒ๐—ป๐—ฑ๐—ถ๐—ฝ๐—ถ๐˜๐—ผ๐˜‚๐˜€ ๐—œ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€

Breakthroughs like food sterilization and refrigeration allowed companies to safely distribute their products at scale. Other developments like penicillin, x-rays, and vulcanized rubber were ๐˜ง๐˜ฐ๐˜ณ๐˜ต๐˜ถ๐˜ฏ๐˜ข๐˜ต๐˜ฆ ๐˜ข๐˜ค๐˜ค๐˜ช๐˜ฅ๐˜ฆ๐˜ฏ๐˜ต๐˜ด that arose from decentralized tinkering. ๐Ÿ’ก

๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜ #๐Ÿฐ: ๐—ง๐—ต๐—ฒ ๐—ฃ๐—ผ๐˜„๐—ฒ๐—ฟ ๐—ผ๐—ณ ๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ฟ๐—ฐ๐—ถ๐—ฎ๐—น๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป

Simple innovations can be overlooked if they're not commercialized. The Romans had the tools to create a printing press, ๐˜†๐—ฒ๐˜ ๐—ถ๐˜ ๐˜๐—ผ๐—ผ๐—ธ ๐—ผ๐˜ƒ๐—ฒ๐—ฟ ๐Ÿญ,๐Ÿฌ๐Ÿฌ๐Ÿฌ ๐˜†๐—ฒ๐—ฎ๐—ฟ๐˜€ before Gutenberg assembled the pieces. ๐Ÿ“š

๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜ #๐Ÿฑ: ๐—•๐—ฒ๐˜๐˜๐—ฒ๐—ฟ ๐—ช๐—ฎ๐˜†๐˜€ ๐˜๐—ผ ๐—›๐—ฎ๐—ฟ๐—ป๐—ฒ๐˜€๐˜€ ๐—˜๐—ป๐—ฒ๐—ฟ๐—ด๐˜†

The urgent need to harness resources and energy spurred the development of pivotal technologies like steel, aluminum, and oil. Doing so led to the development of modern infrastructure. โšก

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The Saylor Series delivers an epic tour through the annals of human progress. Tomorrow Iโ€™ll cover part 3, in which we'll explore the overarching technological themes that reverberated through history.

Remember to ๐—Ÿ๐—ถ๐—ธ๐—ฒ๐Ÿค™ ๐—ฆ๐—ต๐—ฎ๐—ฟ๐—ฒ๐Ÿ”„ and ๐—•๐—ผ๐—ผ๐—ธ๐—บ๐—ฎ๐—ฟ๐—ธ๐Ÿ”– this if you found this summary useful!

Let me know in the ๐—ฐ๐—ผ๐—บ๐—บ๐—ฒ๐—ป๐˜๐˜€โฌ‡๏ธ if you think I should have covered anything else.

If you missed Part 1, you can find it here:

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๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป ๐—ถ๐˜€ ๐—›๐—ฎ๐—ฟ๐—ฑ๐—ฒ๐—ฟ, ๐—ฆ๐—บ๐—ฎ๐—ฟ๐˜๐—ฒ๐—ฟ, ๐—™๐—ฎ๐˜€๐˜๐—ฒ๐—ฟ, ๐—ฎ๐—ป๐—ฑ ๐—ฆ๐˜๐—ฟ๐—ผ๐—ป๐—ด๐—ฒ๐—ฟ โ€” ๐—ง๐—ต๐—ฒ ๐—ฆ๐—ฎ๐˜†๐—น๐—ผ๐—ฟ ๐—ฆ๐—ฒ๐—ฟ๐—ถ๐—ฒ๐˜€, ๐—ฃ๐—ฎ๐—ฟ๐˜ ๐Ÿฏ

๐˜ˆ๐˜ฏ๐˜ฅ ๐˜ฃ๐˜ฆ๐˜ด๐˜ต ๐˜ฐ๐˜ง ๐˜ข๐˜ญ๐˜ญ, ๐˜ช๐˜ตโ€™๐˜ด ๐˜ข๐˜ฏ๐˜ต๐˜ช๐˜ง๐˜ณ๐˜ข๐˜จ๐˜ช๐˜ญ๐˜ฆ.

This post continues my review of the Saylor Series. For Part 2, follow the link at the bottom of this post.

Yesterday, I listed insights that were based on nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5mโ€™s exploration with nostr:npub15vzuezfxscdamew8rwakl5u5hdxw5mh47huxgq4jf879e6cvugsqjck4um of both accidents and careful iterations that led to humanityโ€™s greatest achievements and worst regressions.

In this review, I will cover technological evolution throughout history, as innovations became "harder, smarter, faster, and stronger", and led us to the hardest, smartest, fastest, and strongest one of all: #Bitcoin.

Read on for more๐Ÿ‘‡

๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜ #๐Ÿญ: ๐—ง๐—ต๐—ฒ ๐—œ๐—ป๐—ฑ๐—ฒ๐˜€๐˜๐—ฟ๐˜‚๐—ฐ๐˜๐—ถ๐—ฏ๐—น๐—ฒ๐˜€

Throughout history, entities optimizing for defensive attributes like ๐˜ณ๐˜ฆ๐˜ด๐˜ช๐˜ญ๐˜ช๐˜ฆ๐˜ฏ๐˜ค๐˜ฆ and ๐˜ข๐˜ฏ๐˜ต๐˜ช๐˜ง๐˜ณ๐˜ข๐˜จ๐˜ช๐˜ญ๐˜ช๐˜ต๐˜บ have prevailed by being able to withstand or โ€œabsorbโ€ attacks from rivals. Focusing on survivability allows one to outlast opponents, eventually leading to complete domination. ๐—ง๐—ต๐—ฒ๐—ฟ๐—ฒ ๐—ถ๐˜€ ๐—ป๐—ผ ๐—ฏ๐—ฒ๐˜๐˜๐—ฒ๐—ฟ ๐—ฒ๐˜…๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ผ๐—ณ ๐˜๐—ต๐—ถ๐˜€ ๐˜๐—ผ๐—ฑ๐—ฎ๐˜† ๐˜๐—ต๐—ฎ๐—ป ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป.

๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜ #๐Ÿฎ: ๐—ง๐—ต๐—ฒ ๐—จ๐—น๐˜๐—ถ๐—บ๐—ฎ๐˜๐—ฒ ๐—›๐—ถ๐—ด๐—ต ๐—š๐—ฟ๐—ผ๐˜‚๐—ป๐—ฑ

Controlling low-friction domains like oceans and skies confers asymmetric strategic advantage over those who only control high-friction regions of land. Similarly, ๐—บ๐—ผ๐—ฑ๐—ฒ๐—ฟ๐—ป ๐—ฝ๐—ผ๐˜„๐—ฒ๐—ฟ ๐˜€๐˜๐—ฟ๐˜‚๐—ฐ๐˜๐˜‚๐—ฟ๐—ฒ๐˜€ ๐—ฎ๐—ฟ๐—ฒ ๐—ฏ๐—ฒ๐—ถ๐—ป๐—ด ๐—ฟ๐—ฒ๐˜€๐—ต๐—ฎ๐—ฝ๐—ฒ๐—ฑ ๐—ฏ๐˜† ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ปโ€™๐˜€ ๐—ฑ๐—ฒ๐—ฐ๐—ฒ๐—ป๐˜๐—ฟ๐—ฎ๐—น๐—ถ๐˜‡๐—ฒ๐—ฑ ๐—ป๐—ฒ๐˜๐˜„๐—ผ๐—ฟ๐—ธ ๐˜‚๐˜๐—ถ๐—น๐—ถ๐˜‡๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ณ๐—ฟ๐—ถ๐—ฐ๐˜๐—ถ๐—ผ๐—ป๐—น๐—ฒ๐˜€๐˜€ ๐—ฑ๐—ถ๐—ด๐—ถ๐˜๐—ฎ๐—น ๐—ฟ๐—ฒ๐—ฎ๐—น๐—บ. Distributed control over the high ground of cyberspace now allows for an ๐˜ข๐˜ด๐˜บ๐˜ฎ๐˜ฎ๐˜ฆ๐˜ต๐˜ณ๐˜ช๐˜ค ๐˜ฐ๐˜ฑ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต๐˜ถ๐˜ฏ๐˜ช๐˜ต๐˜บ for those who hold Bitcoin.

๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜ #๐Ÿฏ: ๐—™๐—ฎ๐—ถ๐—น ๐—จ๐—ป๐˜๐—ถ๐—น ๐—ฌ๐—ผ๐˜‚ ๐—ฆ๐˜‚๐—ฐ๐—ฐ๐—ฒ๐—ฒ๐—ฑ

Disruptive innovations and paradigm shifts like Bitcoin donโ€™t usually come from experts, but from ๐˜‚๐—ป๐—ฐ๐—ผ๐—ป๐˜ƒ๐—ฒ๐—ป๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ผ๐˜‚๐˜๐˜€๐—ถ๐—ฑ๐—ฒ๐—ฟ๐˜€ ๐˜‚๐—ป๐—ฐ๐—ผ๐—ป๐˜€๐˜๐—ฟ๐—ฎ๐—ถ๐—ป๐—ฒ๐—ฑ ๐—ฏ๐˜† ๐—ผ๐—ฟ๐˜๐—ต๐—ผ๐—ฑ๐—ผ๐˜…๐˜†. These tinkerers persist through repeated failure, refining inventions that were once thought impossible, until ultimately achieving success. A ๐˜ฃ๐˜ฆ๐˜จ๐˜ช๐˜ฏ๐˜ฏ๐˜ฆ๐˜ณ'๐˜ด ๐˜ฎ๐˜ช๐˜ฏ๐˜ฅ๐˜ด๐˜ฆ๐˜ต, combined with ๐˜ฑ๐˜ฆ๐˜ณ๐˜ด๐˜ฆ๐˜ท๐˜ฆ๐˜ณ๐˜ข๐˜ฏ๐˜ค๐˜ฆ ๐˜ต๐˜ฉ๐˜ณ๐˜ฐ๐˜ถ๐˜จ๐˜ฉ ๐˜ฅ๐˜ช๐˜ด๐˜ข๐˜ฑ๐˜ฑ๐˜ฐ๐˜ช๐˜ฏ๐˜ต๐˜ฎ๐˜ฆ๐˜ฏ๐˜ต, enables revolutionary breakthroughs.

๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜ #๐Ÿฐ: ๐—ช๐—ฎ๐—ฟ ๐—ฆ๐—ฝ๐˜‚๐—ฟ๐˜€ ๐—œ๐—ป๐—ป๐—ผ๐˜ƒ๐—ฎ๐˜๐—ถ๐—ผ๐—ป

Large-scale conflict tends to open minds to rapid change. The imperative to survive drives accelerated technological adoption forward. Necessity is the mother of invention, and ๐˜๐—ต๐—ฒ ๐—ต๐—ฎ๐—ฟ๐—ฑ๐˜€๐—ต๐—ถ๐—ฝ ๐—ผ๐—ณ ๐˜„๐—ฎ๐—ฟ ๐—ณ๐—ผ๐—ฟ๐—ฐ๐—ฒ๐˜€ ๐˜€๐—ผ๐—ฐ๐—ถ๐—ฒ๐˜๐—ถ๐—ฒ๐˜€ ๐˜๐—ผ ๐—ฒ๐—ถ๐˜๐—ต๐—ฒ๐—ฟ ๐—ถ๐—ป๐—ป๐—ผ๐˜ƒ๐—ฎ๐˜๐—ฒ ๐—ผ๐—ฟ ๐—ฝ๐—ฒ๐—ฟ๐—ถ๐˜€๐—ต, overriding status quo biases. The necessity to survive breaks through institutional inertia.

๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜ #๐Ÿฑ: ๐—œ๐—ป๐—ฑ๐—ถ๐˜€๐˜๐—ถ๐—ป๐—ด๐˜‚๐—ถ๐˜€๐—ต๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ณ๐—ฟ๐—ผ๐—บ ๐— ๐—ฎ๐—ด๐—ถ๐—ฐ

Arthur C. Clark wrote, โ€œ๐˜ˆ๐˜ฏ๐˜บ ๐˜ด๐˜ถ๐˜ง๐˜ง๐˜ช๐˜ค๐˜ช๐˜ฆ๐˜ฏ๐˜ต๐˜ญ๐˜บ ๐˜ข๐˜ฅ๐˜ท๐˜ข๐˜ฏ๐˜ค๐˜ฆ๐˜ฅ ๐˜ต๐˜ฆ๐˜ค๐˜ฉ๐˜ฏ๐˜ฐ๐˜ญ๐˜ฐ๐˜จ๐˜บ ๐˜ช๐˜ด ๐˜ช๐˜ฏ๐˜ฅ๐˜ช๐˜ด๐˜ต๐˜ช๐˜ฏ๐˜จ๐˜ถ๐˜ช๐˜ด๐˜ฉ๐˜ข๐˜ฃ๐˜ญ๐˜ฆ ๐˜ง๐˜ณ๐˜ฐ๐˜ฎ ๐˜ฎ๐˜ข๐˜จ๐˜ช๐˜ค.โ€ This is especially true for innovations like Bitcoin that are paradigm shifts for contemporary observers. ๐—ง๐—ต๐—ฒ ๐—บ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐—ผ๐—ณ ๐—ฝ๐—ฟ๐—ผ๐—ด๐—ฟ๐—ฒ๐˜€๐˜€ ๐—ฐ๐—ผ๐—ป๐˜€๐˜๐—ฎ๐—ป๐˜๐—น๐˜† ๐—ฒ๐˜…๐—ฝ๐—ฎ๐—ป๐—ฑ๐˜€ ๐˜๐—ต๐—ฒ ๐—ฟ๐—ฒ๐—ฎ๐—น๐—บ ๐—ผ๐—ณ ๐˜„๐—ต๐—ฎ๐˜โ€™๐˜€ ๐—ฝ๐—ผ๐˜€๐˜€๐—ถ๐—ฏ๐—น๐—ฒ, eventually making what seems miraculous today seem mundane tomorrow.

Thatโ€™s a wrap on Part 3!

Tomorrow in Part 4, weโ€™ll discuss why Bitcoin is the first true digital monetary system in history, and also the highest form of energy that humans can channel.

Be sure to ๐—Ÿ๐—ถ๐—ธ๐—ฒโค๏ธ, ๐—ฆ๐—ต๐—ฎ๐—ฟ๐—ฒ๐Ÿ”„ and ๐—•๐—ผ๐—ผ๐—ธ๐—บ๐—ฎ๐—ฟ๐—ธ๐Ÿ”– this if you found the summary useful!

Wish I had included an insight thatโ€™s not here?

Let me know in the ๐—ฐ๐—ผ๐—บ๐—บ๐—ฒ๐—ป๐˜๐˜€โฌ‡๏ธ

If you missed yesterday's overview, you can find it here:

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Discussion

๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป ๐—ถ๐˜€ ๐˜๐—ต๐—ฒ ๐—™๐—ถ๐—ฟ๐˜€๐˜ ๐——๐—ถ๐—ด๐—ถ๐˜๐—ฎ๐—น, ๐— ๐—ผ๐—ป๐—ฒ๐˜๐—ฎ๐—ฟ๐˜†, ๐™€๐™ฃ๐™š๐™ง๐™œ๐™ฎ ๐—ก๐—ฒ๐˜๐˜„๐—ผ๐—ฟ๐—ธ โ€” ๐—ง๐—ต๐—ฒ ๐—ฆ๐—ฎ๐˜†๐—น๐—ผ๐—ฟ ๐—ฆ๐—ฒ๐—ฟ๐—ถ๐—ฒ๐˜€, ๐—ฃ๐—ฎ๐—ฟ๐˜ ๐Ÿฐ

๐˜๐˜ตโ€™๐˜ด ๐˜ข๐˜ญ๐˜ด๐˜ฐ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฐ๐˜ฏ๐˜ญ๐˜บ ๐˜ฐ๐˜ฏ๐˜ฆ ๐˜ต๐˜ฉ๐˜ข๐˜ตโ€™๐˜ด ๐˜ฅ๐˜ฆ๐˜ค๐˜ฆ๐˜ฏ๐˜ต๐˜ณ๐˜ข๐˜ญ๐˜ช๐˜ป๐˜ฆ๐˜ฅ.

This continues my review of the Saylor Series. For Part 3, follow the link at the bottom of this post.

In yesterdayโ€™s post, I shared nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5mโ€™s insights on nostr:npub15vzuezfxscdamew8rwakl5u5hdxw5mh47huxgq4jf879e6cvugsqjck4umโ€™s show, about how Bitcoin is harder, smarter, faster, and stronger than any technology before it.

Today, Iโ€™ll explore the ways Bitcoin achieves near-frictionless value transfer, solves age-old problems with commodity money, and has become ๐™ฉ๐™๐™š ๐™ข๐™ค๐™จ๐™ฉ ๐™š๐™›๐™›๐™ž๐™˜๐™ž๐™š๐™ฃ๐™ฉ ๐™ข๐™ค๐™ฃ๐™š๐™ฉ๐™–๐™ง๐™ฎ ๐™จ๐™ฎ๐™จ๐™ฉ๐™š๐™ข ๐™ž๐™ฃ ๐™๐™ž๐™จ๐™ฉ๐™ค๐™ง๐™ฎ.

Letโ€™s go๐Ÿ‘‡

๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜ #๐Ÿญ: ๐—ฆ๐˜๐—ผ๐—ฟ๐—ฒ ๐—ผ๐—ณ ๐—ฉ๐—ฎ๐—น๐˜‚๐—ฒ

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 ๐˜ง๐˜ช๐˜น๐˜ฆ๐˜ฅ supply means you know your proportion to the whole, and know it will not change. In that sense, ๐˜„๐—ต๐—ฒ๐—ป ๐˜†๐—ผ๐˜‚ ๐˜„๐—ผ๐—ฟ๐—ธ ๐˜๐—ผ ๐—ด๐—ฟ๐—ผ๐˜„ ๐˜๐—ต๐—ฒ ๐˜ƒ๐—ฎ๐—น๐˜‚๐—ฒ ๐—ผ๐—ณ ๐˜†๐—ผ๐˜‚๐—ฟ ๐˜€๐—น๐—ถ๐—ฐ๐—ฒ, ๐˜๐—ต๐—ฒ ๐—ฒ๐—ป๐˜๐—ถ๐—ฟ๐—ฒ ๐—ฝ๐—ถ๐—ฒ ๐—ด๐—ฟ๐—ผ๐˜„๐˜€. This is the true definition of โ€œStore of Valueโ€.

๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜ #๐Ÿฎ: ๐—˜๐˜€๐—ฐ๐—ฎ๐—ฝ๐—ฒ ๐—ฉ๐—ฒ๐—น๐—ผ๐—ฐ๐—ถ๐˜๐˜† ๐— ๐—ผ๐—ป๐—ฒ๐˜†

Bitcoin breaks free of constraints that limit existing monetary networks, like ๐—ถ๐—ป๐˜€๐˜๐—ถ๐˜๐˜‚๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ฐ๐—ผ๐˜‚๐—ป๐˜๐—ฒ๐—ฟ๐—ฝ๐—ฎ๐—ฟ๐˜๐˜† ๐—ฟ๐—ถ๐˜€๐—ธ and ๐—ด๐—ฒ๐—ผ๐—ด๐—ฟ๐—ฎ๐—ฝ๐—ต๐˜†. ๐˜‰๐˜ช๐˜ต๐˜ค๐˜ฐ๐˜ช๐˜ฏ ๐˜ฏ๐˜ฆ๐˜ฆ๐˜ฅ๐˜ด ๐˜ฐ๐˜ฏ๐˜ญ๐˜บ ๐˜ข ๐˜ค๐˜ฐ๐˜ฎ๐˜ฎ๐˜ถ๐˜ฏ๐˜ช๐˜ค๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ๐˜ด ๐˜ฎ๐˜ฆ๐˜ฅ๐˜ช๐˜ถ๐˜ฎ ๐˜ต๐˜ฐ ๐˜ต๐˜ณ๐˜ข๐˜ฏ๐˜ด๐˜ง๐˜ฆ๐˜ณ ๐˜ท๐˜ข๐˜ญ๐˜ถ๐˜ฆ ๐˜ข๐˜ฏ๐˜บ๐˜ธ๐˜ฉ๐˜ฆ๐˜ณ๐˜ฆ, thereby transcending the limitations inherent to current moneys and the centralized intermediaries who operate with it โ€” therefore liberating monetary velocity.

๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜ #๐Ÿฏ: ๐—ฆ๐˜‚๐—ฝ๐—ฒ๐—ฟ๐—ฐ๐—ผ๐—ป๐—ฑ๐˜‚๐—ฐ๐˜๐—ถ๐˜ƒ๐—ฒ ๐— ๐—ผ๐—ป๐—ฒ๐˜†

Bitcoin achieves the equivalent of superconductivity in money, minimizing impediments and frictions to value transfer. Just as superconducting materials eliminate electrical resistance, ๐˜‰๐˜ช๐˜ต๐˜ค๐˜ฐ๐˜ช๐˜ฏโ€™๐˜ด ๐˜ฏ๐˜ฆ๐˜ข๐˜ณ-๐˜ง๐˜ณ๐˜ช๐˜ค๐˜ต๐˜ช๐˜ฐ๐˜ฏ๐˜ญ๐˜ฆ๐˜ด๐˜ด ๐˜ฏ๐˜ข๐˜ต๐˜ถ๐˜ณ๐˜ฆ ๐˜ณ๐˜ฆ๐˜ฎ๐˜ฐ๐˜ท๐˜ฆ๐˜ด ๐˜ค๐˜ฐ๐˜ด๐˜ต๐˜ด ๐˜ข๐˜ฏ๐˜ฅ ๐˜ฅ๐˜ฆ๐˜ญ๐˜ข๐˜บ๐˜ด ๐˜ข๐˜ด๐˜ด๐˜ฐ๐˜ค๐˜ช๐˜ข๐˜ต๐˜ฆ๐˜ฅ ๐˜ธ๐˜ช๐˜ต๐˜ฉ ๐˜ฎ๐˜ฐ๐˜ท๐˜ช๐˜ฏ๐˜จ ๐˜ท๐˜ข๐˜ญ๐˜ถ๐˜ฆ ๐˜จ๐˜ญ๐˜ฐ๐˜ฃ๐˜ข๐˜ญ๐˜ญ๐˜บ.

๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜ #๐Ÿฐ: ๐—ง๐—ต๐—ฒ ๐—ฃ๐—ผ๐˜„๐—ฒ๐—ฟ ๐—ผ๐—ณ ๐——๐—ฒ๐—ฐ๐—ฒ๐—ป๐˜๐—ฟ๐—ฎ๐—น๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป

Bitcoin's decentralization enables it to harness ๐—ฑ๐—ถ๐˜€๐˜๐—ฟ๐—ถ๐—ฏ๐˜‚๐˜๐—ฒ๐—ฑ ๐—ต๐˜‚๐—บ๐—ฎ๐—ป ๐—ถ๐—ป๐—ด๐—ฒ๐—ป๐˜‚๐—ถ๐˜๐˜† and improve itself. Commodity money, by contrast, inevitably suffers from increasing exploitation with increased use, whereas ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป ๐—ถ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐˜€ ๐˜„๐—ถ๐˜๐—ต ๐—ฏ๐—ฟ๐—ผ๐—ฎ๐—ฑ๐—ฒ๐—ฟ ๐—ฝ๐—ฎ๐—ฟ๐˜๐—ถ๐—ฐ๐—ถ๐—ฝ๐—ฎ๐˜๐—ถ๐—ผ๐—ป.

๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜ #๐Ÿฑ: ๐˜ฟ๐™š๐™ฃ๐™จ๐™š ๐—ง๐—ฒ๐—น๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜๐—ฎ๐—ฏ๐—น๐—ฒ ๐—˜๐—ป๐—ฒ๐—ฟ๐—ด๐˜† ๐— ๐—ผ๐—ป๐—ฒ๐˜†

Bitcoin condenses monetary energy into an ๐—ถ๐—ป๐—ฑ๐—ฒ๐˜€๐˜๐—ฟ๐˜‚๐—ฐ๐˜๐—ถ๐—ฏ๐—น๐—ฒ, ๐˜๐—ฒ๐—น๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ฑ๐—ถ๐—ด๐—ถ๐˜๐—ฎ๐—น ๐—ณ๐—ผ๐—ฟ๐—บ. 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.

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Thatโ€™s all for Part 4!

In Part 5 tomorrow, weโ€™ll unpack the concept of using Bitcoin to channel ๐—บ๐—ผ๐—ป๐—ฒ๐˜๐—ฎ๐—ฟ๐˜† ๐—ฒ๐—ป๐—ฒ๐—ฟ๐—ด๐˜† across time and space.

Remember to ๐—ฆ๐—ต๐—ฎ๐—ฟ๐—ฒ๐Ÿ”„ this, give it a ๐—Ÿ๐—ถ๐—ธ๐—ฒ๐Ÿค™ and ๐—•๐—ผ๐—ผ๐—ธ๐—บ๐—ฎ๐—ฟ๐—ธ๐Ÿ”– it if you found these insights valuable.

Have another insight that you'd like to add?

Let me know in the ๐—ฐ๐—ผ๐—บ๐—บ๐—ฒ๐—ป๐˜๐˜€โฌ‡๏ธ

If you missed the overview before this, you can find it here:

nostr:nevent1qqsyvk7z0xy6f54y26wmpezymawr0q2ad2fwcgdrdvcfxcgh3wp4zeqpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygzlfqdy55jgp40z093s8wu863mndq2zrz7gxwhpvuvry57jh6gmaupsgqqqqqqsl6lyny