Authoritarian hierarchical economies built on Debt can’t survive without Debt and Tax Jubilees.
Jubilees, clean slates, and forgiveness are necessary safety valves for social stability.
Similarly, an economy without free market price discovery is like a pressure cooker or boiler system without a pressure relief value.
Enter the #Bitcoin Difficulty Adjustment, which expands and contracts to maintain equilibrium pressure in the system.
So awesome… thank you sir!
Just because we have verifiability with #Bitcoin, does not mean we should abandon Faith, Trust, or Belief.
Belief layered on top of #Bitcoin verifiability is the best leverage there is.
It’s mental leverage.
Just got my zaps setup on Wallet of Satoshi…
Thanks!
So how do I load some Sats into a Zap Wallet and setup a receiving address?
As I continue to study the Bible and study some history, it becomes clear that guys like Moses, Isaiah, Jeremiah, Jesus, and Paul were just as interested in creating a sustainable and vibrant economic communities than they were about saving our souls from eternal damnation.
The wisdom we attribute to “God” is extremely practical life advice. Instead we muck it all up with ridiculous dogma (if you don’t believe Jesus is your Savior, you’re going to Hell)
#Bitcoin is about creating a sustainable economic system for generations to come.
Time just seems like an emergent property of the Physical Work of our Solar System.
It’s not clear to me how Time exists without the Work in the first place… the Energy across Space.
#Bitcoin is Work.
#Bitcoin is about trusting a verifiable fermentation process.
It took Christianity roughly ~350 years to go mainstream.
I think #Bitcoin takes roughly ~35 years to do the same thing.
Trust the Process
It’s almost like #Bitcoin need fixed weights and measures for Block Time interval target, Block Space, and Total Supply.
It’s like the Holy Trinity of #Bitcoin scarcity.
#Bitcoin as a tool for mutual aid and a pay it forward token seem under-discussed and under-explored… the economics of the early Christian Church revolved around mutual aid and voluntary offering, sacrifice, tithing, etc…
The concept of debt and tax forgiveness has been completely lost on governments and citizens around the world.
A Global Jubilee combined with Sound Money and Free Trade is the softest landing we can hope and work for.
Got #Bitcoin?
Covid - Myopic
Global Warming - Myopic
War on Drugs - Myopic
War on Terror - Myopic
War on Speech - Myopic
#Bitcoin - Holistic
#Bitcoin is to high quality pasture raised beef as the Dollar is to Impossible Burger.
Anyone working on translators for Nostr?
Would be sweet if I could translate all these notes I’m seeing written in Chinese…
Forgive us our debts, as we forgive our debtors.
The Lord’s Prayer on the wisdom of Debt and Tax Jubilees.
Go study the economics of the early church… many early Christians held all things in common… the Church became a kind of common resource pool for its early members. A mutual aid society… a social safety net.
#Bitcoin merely continues in the traditions pushed forward by many people who came before… including Mosaic Law, Jesus, and the Early Christians