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Replying to Avatar Erik Cason

The Ontological Violence of Fiat Systems

“The money is dead, but it still kills.”

There is a violence that cuts deeper than war, more subtle than theft, more persistent than empire. It is the violence of the fiat order—not just a system of currency, but an entire metaphysics, a mode of being, an ontological regime. Fiat is not merely paper made legal by decree; it is the very medium by which reality is priced, categorized, and consumed. It is the decree that creates the real.

Fiat money—born of nothing, backed by force—asserts itself as a god over man and matter. It carries no inherent value; rather, it projects a hallucinatory sovereignty by command. That command is the root of its violence: it does not persuade, it declares. It does not emerge from mutual relation or discovery—it is imposed. Thus the fiat system does not just distort markets; it distorts the world, it disfigures being itself.

This is the first wound: value severed from truth.

Where once gold or goods bore weight from the labor of bodies and the consent of communities, fiat emerges ex nihilo through the alchemical ritual of central banking. It is the creation of “something” from nothing—and it demands your everything in return. Not simply your productivity, but your time, your attention, your belief. Fiat makes a mockery of consent: taxation without choice, inflation without representation, debt as inheritance.

Each dollar printed is not neutral—it is a claim on the future, a theft pre-authorized. The child yet unborn already owes. The citizen who resists already bleeds. The world that cannot speak—forests, oceans, silence—already burns.

This is the second wound: time enslaved to abstraction.

Fiat temporalizes existence into linear obligation. It turns the eternal now into a ledger. It reconfigures human life not as presence, but as yield. One’s worth becomes measurable by one’s ability to serve the machine—one’s capacity to extract more from less, forever. And when the curve flattens, when the returns diminish, when the body breaks, you are discarded, discredited, and replaced. Fiat does not believe in humans. It believes in motion, leverage, liquidity. It believes in infinite growth, even on a finite planet.

We are taught to forget the origin of value. It is not labor. It is not gold. It is not decree. It is being. The true source of value is presence, relation, trust. Fiat systems wage war against all three. It replaces presence with digital metrics, relation with contract, and trust with enforcement. It offers no sacredness, only security; no mystery, only models. It is not just unjust—it is ontologically incorrect.

This is the third wound: the commodification of the soul.

Fiat systems induce schizophrenia in the human psyche. We become split between what we know is real and what we are told is valuable. We love what we cannot afford. We sell what we cannot live without. We perform ourselves for survival. The “free market” becomes not a space of liberation, but of performance—an eternal audition for worthiness before the tribunal of capital.

Meanwhile, the masters of fiat—central bankers, economists, institutional asset managers—float above the groundless ground. Their words move mountains, their spreadsheets define famines. They do not produce; they decree. The fiat priesthood lives outside consequence, but their rituals govern all. And the rest—us—become the meat, the kindling, the fuel. We burn for their warmth.

Every empire built on fiat collapses. Not because of corruption, but because it forgets the real. Fiat systems depend on a shared hallucination—faith not in God, not in law, but in liquidity. And when the hallucination fails, when the velocity slows, when the feedback loop breaks—the center cannot hold.

But long before the collapse of the system, comes the collapse of the soul.

This is the final wound: reality becomes simulation.

In the fiat world, nothing is itself. Everything is collateral, everything is speculation, everything is downstream of price. Truth is no longer unveiled; it is marketed. Beauty is no longer beheld; it is tokenized. Love is no longer encountered; it is purchased, or worse, invested in. The world is not known—it is consumed.

And thus, what fiat destroys is not just economics, but ontology. Fiat does not merely impoverish your wallet. It impoverishes your being. It says: nothing is sacred. Everything is for sale.

But there is a resistance. A remembering. A remnant.

The refusal to participate in this ontological lie is the first act of sovereignty. To say no. To exit. To return to the real. To seek systems where value arises from reality, not decree. Where truth does not need enforcement. Where relation is sacred. Where time is not enslaved. Where love is not priced. Where being is enough.

That is the new task before us: to dethrone the hallucination of fiat and restore value to its rightful place—in the presence of the real.

"Fiat money---born from corruption, backed by force..."

Completed Programming Bitcoin Chapter 2 - Elliptic Curves.

First came across the topic briefly during undergrad, but did not really delve into it back then.

This chapter gives a nice intuitive explanation for elliptic curve and mainly discusses how the addition operation works. Addition retains some of the properties we attribute to normal addition --- commutativity, associativity, invertibility. But the operation itself involves following the staight line through the two points being added to the third point at which the line intersects the elliptic curve, and then taking its vertical reflection. (The illustrations in the book do a better job of explaining.)

The exercises in this chapter go over how to implement addition of points on an elliptic curve in Python. The next chapter will use the properties discussed in this chapter to build cryptographic structures.

Right now, spammers are getting what they want by inserting garbage into the blockchain, miners are getting what they want---which is compensation for putting garbage into the chain, but node runners are not getting anything for their work.

Utilizing storage, memory, and electricity is work. There are opportunity costs---node runners could have been using that storage, memory, and electricity for other tasks. But they choose to do the work, paying for it out of their own pockets, to uphold the decentralization and integrity of the Bitcoin Network.

The system has been abusing their volunteer work for about three years now. The costs have risen rapidly. You cannot just easily use an old machine you would have discarded or a cheap, low powered device like Raspberry Pi. Pruning has become a necessity for most people.

There is no way to transfer a part of the economic benefits from the spammers and miners to the node runners. It's callousness to assume node runners will continue to put up with this indefinitely.

Switch to Knots. Core is compromised.

Both technical and ideological merit matter---ideological merit when it comes to direction, technical merit when it on matters of implementation details.

Getting rid of filters lacks both technical and ideological merit.

And make sure it's running #knots. Core is for shitcoinery.

Does anyone believe Hilary and Norgay were the first to climb Everest? Or is that just something english/western records want us to believe? It seems very likely that the sherpas would have climbed Everest many times long before the two we are taught in school.

It's been good! Most accounts here seem to have real people behind them.

Looks like you have a fundamental misunderstanding. There are many kinds of consensus valid transactions (which fees are attached to) that Bitcoin Core configurations have always filtered. See https://bitcoin.stackexchange.com/questions/96970/what-valid-transactions-are-not-broadcastable

Spammers pay fees for their internet too. So why not disable all your email spam filters and let all that trash in?

Gresham's Law needs some reconciling. I get what it's saying, but we also have the phenomenon of harder money displacing easier money over time, like the move from seashells or salt to precious metals.

I suppose different funds would deal with it differently. As for IBIT, this is what I found on their 8K filing:

>> In the event of a fork, the Anchorage Custodian Agreement provides that the Additional Bitcoin Custodian may temporarily suspend services, and

may, in their sole discretion, determine whether or not to support (or cease supporting) either branch of the forked protocol entirely, provided that the

Additional Bitcoin Custodian shall use commercially reasonable efforts to avoid ceasing to support both branches of such forked protocol.

BlackRock also has shitcoin ETF, so I wouldn't trust them to do the right thing when the time comes.

I try to focus on making good decisions, decisions that don't lead to fatal outcomes even when the predictions are off. So allow me to modify your questions slightly before answering.

Can monetary demand for blockspace remain persistently low? Yes. Even in a world on the Bitcoin standard, sidechains can pick up enough load such that JPEG inserters remain a problem. We should be ready for a scenario in which demand remains low enough for long enough, even if we don't believe this is very likely.

For your second question, if enough node operators wake up then yes. (After all, where is the economic incentive for node operators to put up with spam?) Otherwise, there would be a centralizing effect due to increasing hardware requirements. Node-level filtering has basically been highly successful in keeping spam out for Bitcoin's entire existence minus the last two years. It should return to being so.

The dollar scribbling analogy breaks down immediately. A doodle on a bill does not affect what the rest of the dollar network needs to remember before each transaction. JPEG on Bitcoin, on the other hand, is pollution externalized onto the property of node runners against their will, pollution they need to forever store and pay for.

As Bitcoin reaches another all time high, it is time for me to take my education more seriously. I plan to do so with a deep dive into Programming Bitcoin by Jimmy Song. I will share my learning journey here.