Is #seattle too quiet on this front?

WTF happened in 1971?

☞ “(..) to suspend TEMPORARILY the convertibility of the dollar into gold (...)"

☞ “(…), your dollar will be worth just as much tomorrow as it is today.”--Richard Nixon in 1971 when he temporarily abandoned the goldstandard 52 years ago

Learn #bitcoin

I used to believe in political incrementalism- the idea that you can change things gradually through better election outcomes.

But maybe it was also just youth, I don’t know.

After spending many years studying how the current monetary system works, studying how past debt and currency cycles ended, and based on practical realities from the past two election cycles, I dropped any notion of incrementalism, at least for the big economic things.

Incrementalism works for minority groups to gain social and political rights. Religious people to practice without interference, women to vote, gay people to marry, etc. Immigration policies. Things like that. But it doesn’t work for the financial system.

Instead, history and current affairs suggest that things generally point in the same structural financial direction, uncontested, until there is a massive fiscal crisis, geopolitical crisis, and trend change. And that is when politics becomes critical in all aspects- as chaos develops, the group that has enough power to set the next order *really* fucking matters. They either build a platform of virtue toward the next cycle, or they fall into the unfortunately common paths of communism or fascism.

And it is not just ideas that triumph, but technology too. Technology plays a big role in which ideas are even workable. Both ideas and technology are important.

So when I realized incrementalism wasn’t working, I sought out other methods.

The weaker method is just social- I try to put things out there with my platform to encourage reason, empathy, human rights, etc. Not partisan but also not necessarily moderate, but rather grounded in firm principles of virtue ethics.

The stronger method is to play some small part in building something better. Alternative money. Alternative communication methods. Either explaining and recommending them to people, or directly venture investing in companies that build on them and help improve the UX and solve new problems.

That’s my goal. I want to do whatever tiny part I can to bring about more peace, more fairness, more opportunity, more growth, and less destruction.

Good day!

This is #InkblotArt, the note that zaps you for your imagination!

Today is October 20, 2023. Block height of 813022

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