If Bitcoiners want hyperbitcoinization they will have to accept three axioms going forward:
1) acceleration theory
2) stop being humble
3) bitcoin is a power projection / softwar / defence protocol
Discussion
4) Kyc bitcoin is a shit coin 💀.
That is why there is a flawed concept of equating Bitcoin to money. By framing Bitcoin in this way is to let the enemy choose the battlefield. If Bitcoin is money you eventually accept that it must be regulated and controlled as all money is.
Bitcoin isn't money. Bitcoin isn't cash. Bitcoin is an entire system, a system for creating the conditions of physical cash, electronically.
If we look at history, all money is not regulated and controlled. What regulation and control do you see as necessary?
Cash is just abstract data worth nothing without physical power projection defending it.
HyperB will never happen if you think kyc Bitcoin is a shitcoin. Tech bros: use my knowledge, I beg you! :-(
Why do we need hyperB? everyone will acquire/earn bitcoin at the time they deserve it. There is no need for hyperbitcoinization when kyc bitcoin (government sats) exists. The point of bitcoin is anti government control (kyc sats) and not compliance to kyc aml.
We need hyperB for humanity to propagate through the great filter. If the purchasing power of civilization is not transmutate into Bitcoin we risk losing everything and remaining a type 0 civilization for perpetuity. This is the Death Star shot baby!!
I agree but without kyc/aml and government compliance = control again! Bitcoin was not created to comply with government control.
If Bitcoin fails bc of government then it isn’t ‘the one’ and it deserves to fail. Government is a compilation of collectivists, geriatric patients, and incompetent clowns knee-jerk reacting to the opinions of the palaeolithic group-think masses.
Nah.
Hyperbitcoinization is happening. It's unstoppable. Human beings respond to incentives.
No. Human beings respond to their own instincts and lived experiences of following pain-pleasure dynamics. People will never understand Bitcoin without experiencing WHY they need Bitcoin. You gotta touch the stove to realize it’s hot.
I think we are in agreement but stating it differently.
Bitcoin has been discovered and nurtured and these first 13 years were certainly far from inevitable.
Today, bitcoin will exist as long as there are humans alive that prioritize freedom.
Hyperbitcoinization happens when enough humans understand that govt money is slavery and bitcoin is freedom money. The tyranny of fiat ensures this will happen.
There isn't much incentive for first world humans to understand this yet. But the incentives the slave masters (central bankers, politicians, elites) are responding to ensures first world demand eventually.
But ‘understanding’ assumes people can use reason appropriately while stuck in a house-of-mirrors kaleidoscope of clownery within the allegory of the cave.
Instincts are first principles. Incentives through reason and logical understanding is second derivative.
The primary mechanism for understanding is via lived experiences; unfortunate for many. Lo, enter the age of personal responsibility selecting against sapiens that are too slow to error correct and appeal to paleolithic group-think and collectivism!