Avatar
Bitopia
1380337c1b5ca01f18fb2e7be833991d8723484cbe1b6cb824ca6bba2d77df3e
History & geopolitics through a #Bitcoin lense.

#Bitcoin & The Fate of Empires

Throughout history civilisations have risen and fallen. Some empires were more benign & benevolent, some more evil & destructive…

The thing they all have in common is the inevitable cycle of rise and fall.

Can #Bitcoin adoption extend the cycle of empire and make them more benevolent?

The Fate of Empires is a theory developed by Sir John Glubb (aka Glubb Pasha) which analyses the life cycle of empires throughout history and identifies patterns in their rise and fall.

It provides a framework on how #Bitcoin will influence existing and future empires and change human history.

The theory divides the lifecycle of empires into 6 stages, each with its specific attributes and behaviours:

1- The Age of Pioneers

2- The Age of Conquest

3- The Age of Commerce

4- The Age of Affluence

5- The Age of Intellect

6- The Age of Decadence and Decline

Let’s have a closer look at each phase…

1- The Age of Pioneers

The initial period of an empire’s formation is characterised by the qualities of adventure, courage and enterprise. Pioneers venture into new territories, establishing colonies and expanding their influence.

16th century Britain is a good example, as it began to establish its first colonies in North America and the Caribbean. It emerged as a naval power and produced explorers like Sir Walter Raleigh and Sir Francis Drake.

#Bitcoin heralds the Age of Pioneers

Any entity that adopts Bitcoin is likely to enter the Age of Pioneers.

🇸🇻El Slavador has adopted Bitcoin and my prediction is that it will cause Central America to enter an era of unprecedented growth and success.

#Bitcoin’s decentralisation of financial power means more people with good ideas have the means to act on them. And go out to explore and innovate…

Adopting #Bitcoin also means centralised power structures don’t have a money printer to rely on. We will soon find out that this makes governments in places like 🇸🇻El Salvador very capable and efficient.

#Bitcoin fosters competition because there is less “rent-seeking” with #Bitcoin. If you want to earn more #Bitcoin you will need to work for it and provide value to the marketplace. This encourages outward thinking, trade and innovation.

And if the Age of Pioneers includes exploring the galaxy, #Bitcoin will be indispensable because aliens won’t be trading with us for anything less!

2- The Age of Conquests

The second stage happens as the empire strengthens and starts to expand its territory and influence through military means. This stage often sees remarkable achievements in military and administrative systems.

It was at this stage that Britain expanded its influence into the Americas, Africa, and Asia through a series of wars. It also won the Seven Years' War (1756-1763) against great power competitor France.

Britain had a strong navy, a well-trained army, and arguably the world’s best bureaucratic and judicial system (English common law is still widely in use today)

#Bitcoin accelerates the Age of Conquests

If conquest is a means for an empire to get access to resources, #Bitcoin can be a peaceful way to get those resources.

#Bitcoin will be the most desirable asset in the world and everybody will want to trade anything for #Bitcoin.

The nation that owns the most #Bitcoin will therefore have a great advantage over its competitors. Game theory at its best…

If an empire does go the conquest route though, #Bitcoin speeds up integration of the new territories by providing a universal medium of exchange that doesn’t require permission from central authorities.

#Bitcoin forces government transparency, so any nation that has adopted #Bitcoin will have stronger military and bureaucratic systems. Especially compared to an enemy that has gotten lazy and inefficient from the fiat money printer.

3- The Age of Commerce

At this stage, society shifts to one driven by commerce. Wealth accumulates, luxury grows, and the focus turns towards commerce and trade.

The British empire went through the Industrial Revolution (18th and 19th century) during this stage. It became the global hub for trade and manufacturing, and the territories it gained during the previous Age of Conquest provided raw materials.

This age was characterised by significant technological and economic progress in the British empire.

#Bitcoin will be the 100x multiplier

#Bitcoin is permissionless and peer-to-peer. This makes transactions easier and faster and causes an explosion in commerce and entrepreneurship.

It’s hard money so innovation will skyrocket, just like the gold standard did in Europe in the 19th century. But then 100x because that is what happens when a technology transforms an analog industry into a digital one.

Saving rates will be higher so more people can dedicate their careers to long-term projects (without immediate benefits) from which the real innovations and productivity gains will come.

4- The Age of Affluence

The empire reaches a point of great wealth, influence and rising living standards. However, this affluence starts to lead to selfishness and love of money. The focus becomes material wealth and the old ethics of virtue and duty start to erode.

The British went through their Victorian era (mid to late 19th century) at this stage. They were at the height of imperial power, becoming the world’s leading military and economic superpower.

Virtuous wealth and affluence

#Bitcoin’s purchasing power goes up forever, in line with productivity increases in the economy.

Owning #Bitcoin therefore gives people a long-term focus. Why spend my #Bitcoin today if I (or my descendants) get more value out of it tomorrow?

This way it serves as a natural restraint on our impulses to want to go out and squander money. This restraint is clearly evident in many Hodlers today who try to live as healthy as possible, work on their craft, stay humble, and just stack sats.

#Bitcoin also keeps governments small, eliminating the risk of the wasteful megalomaniac projects governments tend to undertake when they believe they should solve every problem on the planet.

5- The Age of Intellect

This is when the empire’s focus shifts towards intellectual accomplishments. This age is marked by increased scepticism, materialism, and a decrease in discipline, self-sacrifice, and social cohesion.

On top of that, the government has expanded and becomes more complex.

The British empire saw significant advancements in science (Darwin, Maxwell), literature (Dickens, Hardy), and social thought (Mill, Bentham) during this age.

However, this period also saw an increase in critiques of imperialism, and a rise in nationalist movements in the colonies.

#Bitcoin keeps more people happy & grounded in reality

A civilisation that has adopted #Bitcoin will have less inequality and more social cohesion because Bitcoin is open for everyone to save and transact.

Without interference from a central authority that discriminates on whatever grounds.

Colonies would be thriving, mitigating the economic reason for discontent and rebellion. That said, colonies can still be taxed, but since #Bitcoin forces small government these would likely be lower.

#Bitcoin would ground intellectual accomplishments in reality, which will come from the free market of ideas. #Bitcoin is simply too valuable to spend on the “hobby intellectuals” that populate most universities funded by public money.

6- The Age of Decadence and Decline

The final stage is the empire's decline and eventual fall. Society becomes less cohesive, with the military overstretched and the economy over-leveraged.

It's often characterised by consumption, a loss of sense of duty, and an unwillingness to sacrifice comfort for the greater good.

The British empire was severely weakened by overspending in WW1 and WW2 (encouraged by the Americans who saw a chance to take control of the Atlantic).

Britain lost most of its empire in the two decades after WW2. It lost many of its traditional industries and saw a rapid growth of the welfare state as well as immigration from its former colonies.

#Bitcoin keeps overextension in check

Overextension and over-leverage are driven by inefficient capital allocation. Wasteful government spending is often the cause of this.

If #Bitcoin forces governments to stay small, it severely reduces the risk of overextension and inefficient capital allocation.

The same applies to overconsumption of resources. #Bitcoin will make money so valuable that it is only worthwhile to invest in the most innovative projects.

On top of this, #Bitcoin mining is unleashing a revolution in one of the most important energy markets: energy. #Bitcoin mining incentivises innovation in productivity, ensuring we extract the most value out of our energy resources.

#Bitcoin can change the cycle of empires

Humans are humans, and we will always be prone to make mistakes due to emotions, jealousy, pride, ambition and laziness.

But #Bitcoin’s ever-increasing value has the unique characteristic that it plants a long-term view into us humans. It does this in a way no other technology has ever done before.

And when the value of tomorrow goes up significantly, the opportunity costs of wasting today do as well. Incentivising the efficient usage of time and money…

#Bitcoin also causes decentralisation which combines this long-term view with less centralised points of failure. This is a potent mix for long term stability and human striving!

Will #Bitcoin be able to extend the cycle of empires and make them more benevolent?

Time will tell, but I think it gives us the chance to take the next evolutionary step and take civilisation to the next level!

#Fiat money's erroneous price signals cause mass misallocation of capital.

Countries with #fiat money therefore don't need enemies to become weaker.

#Bitcoin mining incentivises renewable energy & productivity innovation, #Bitcoin mining has a positive impact on resource utilisation.

Allowing us to extract more energy, more efficiently, with the same amount of resources.

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

#Bitcoin #art:

Rokeby Venus (1647) - Diego Velázquez

#Bitcoin #art:

Rokeby Venus (1647) - Diego Velázquez

#Bitcoin's finite supply drives QUALITY over quantity in investments.

This ensures scarce resources are only dedicated only to the most productive projects.

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!

Civilisation can avoid resource depletion & collapse by adopting Bitcoin as their monetary system.

nostr:note17vtf207nu53rcv2hs94ew549v7dsm7xmmqheagdddayvvpr7ug0qk97ze6

The result of debasement are unsustainable periods of artificial propsperity.

In reality, the economy is decoupled from the physical world.

Cheap money drives quantity, over quality, of investments.

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!

The journey towards resource depletion & civilisational decline speeds up when societies resort to currency debasement to bypass physical limitations.

The Romans reduced the silver in their coins; we resort to loose credit policies.

nostr:note17vtf207nu53rcv2hs94ew549v7dsm7xmmqheagdddayvvpr7ug0qk97ze6

"Without #Bitcoin, no progress and no result."

-George Gurdjieff

https://m.primal.net/HLux.webp

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!

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.

nostr:note17vtf207nu53rcv2hs94ew549v7dsm7xmmqheagdddayvvpr7ug0qk97ze6

#Bitcoin #art:

Aeneas, Anchises, and Ascanius (1618–1619) - Gian Lorenzo Bernini

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!

Innovation has always been the answer to overcoming resource limitations.

It's key to making resources more accessible or creating solutions that require less resources (energy, commodities).

Other ways to deal with resource limitations are trade & conquest.

nostr:note17vtf207nu53rcv2hs94ew549v7dsm7xmmqheagdddayvvpr7ug0qk97ze6

"#Gold is a flame. #Bitcoin is a fire."

-Bernard Williams

https://m.primal.net/HLuu.webp

#Bitcoin #art:

Still Life with Lemons, Oranges and a Rose (1633) - Francisco de Zurbarán

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!

Eventually, civilisations reach the limits of available resources.

Either through outright depletion or the increasing cost of extraction.

#Bitcoin can remove this limitation.

nostr:note17vtf207nu53rcv2hs94ew549v7dsm7xmmqheagdddayvvpr7ug0qk97ze6

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!

As societies evolve, they become more complex and require more resources...

This is a good thing, but needs to be managed (without central planning).

nostr:note17vtf207nu53rcv2hs94ew549v7dsm7xmmqheagdddayvvpr7ug0qk97ze6

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!

It’s part of our human nature to continually solve increasingly more complex problems.

This also requires more resources.

#Bitcoin helps manage this need for more resources efficiently.

nostr:note17vtf207nu53rcv2hs94ew549v7dsm7xmmqheagdddayvvpr7ug0qk97ze6