Explain power projection to me as if I am someone who will never buy Jason Lowery’s “thesis”
Discussion
Power projection is life itself. Power projection is a rejection of the ascetic ideal. Power projection is capitalism and competition. If there was no power projection of 10 gigawatts of energy backing Bitcoin then Bitcoin would be vulnerable to attack bc it would be backed by stake and have a very low cost of attack.
Modern sapiens deny power projection, or Neitzsches will to power, because of recency bias from proof of stake lives of comfort and leisure.
Power projection just means using watts to make yourself less vulnerable to attack. We’re being attacked incessantly by entropy of the universe, form abstract power hierarchies like statism, and from all other forms of life who wish to take our resources.
Bitcoin as a power projection protocol makes it impossible to declare anything by decree; you can’t change anything in the network without projecting power to enforce new changes. The only way to take anything from a bitcoiner would be by power projection or force; which is fundamental in life… we just believe in statist laws and abstractions to diverge from actually projecting power to gain resource control over others.
Ok so a more aggressive take on how bitcoin is seizure resistant
The old way to have control authority over gold was to take it by kinetic power projection.
The new way to have control authority over Bitcoin is to mine it through electrical power projection.
He who owns the gold was decided through wars. He who owns the bitcoins is decided through electrical power projection.
They are the same thing; the former was the way in a agrarian society for the past 10,000 years; the latter is the new way for a society transitioned through the threat filter.
The only reason we can trust war is because it’s egalitarian and trustless; same for Bitcoiners permissionless network. Except in the latter you’re not incentivized to kill and plunder for your resources; you’re incentivized to cooperate and project more and more power.
Gold was the units to control. Bitcoins are the units to control. Kinetic warfare and kinetic power projection was the egalitarian network and protocol to establish control authority over resources. Now the bitcoin network via mining and electrical-cyber power projection is the new meta to establish control over resources.
Both require watts; both are proof of work; both are permissionless, trustless, and equity-based/neutral.