This!

The above post is my first long form post that I’ve made about Bitcoin.

It’s inspired by watching an interview with economist Michael Hudson about how the economies of ancient civilizations effectively used Jubilee.

I believe Bitcoin allows us to reinvent. proven ways of preventing suicidal collapse. I love to get your thoughts.

Bitcoin and the Return of the Jubilee: Ancient Wisdom for a Modern Debt Crisis

What if the answer to our global debt spiral isn’t more money printing, but an idea as old as civilization itself?

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The Forgotten Reset Button

Three thousand years ago, in the temples and palace courts of ancient Mesopotamia, kings faced a familiar problem:

Debt kept piling up.

Interest grew faster than crops.

And before long, ordinary farmers had sold their land or even themselves into bondage.

When too much wealth concentrated in the hands of creditors, the system broke — armies shrank, trade slowed, and society risked collapse.

The solution? A Jubilee.

Not a festival of fireworks, but a legal reset: debts wiped clean, land returned, debt-servants freed.

It wasn’t charity — it was system maintenance. Without it, the productive base of society would disappear.

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Fast Forward to Now

Our debt may be digital instead of scratched into clay tablets, but the math hasn’t changed.

Debt grows exponentially; real economies grow much slower.

In today’s fiat world, the “reset” button comes through stealth: inflation. Central banks print money, and the value of your savings quietly erodes.

Who benefits? The institutions closest to the printing press — big banks, governments, and politically connected corporations.

Who loses? Savers, wage earners, and anyone living on fixed income.

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Enter Bitcoin

Bitcoin changes the game.

With a fixed supply and no central authority to inflate it, it removes the easy way out for over-indebted governments: currency debasement.

That’s why critics in power call it “dangerous” — because it forces hard decisions.

But what if Bitcoin also made it possible to bring back the Jubilee — not as a king’s decree or a politician’s favor, but as a transparent, rule-based process?

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A Programmatic Jubilee

Here’s the vision:

• Debt contracts are written with clear, automatic triggers — if your income drops 30%, or national GDP falls 5%, repayments adjust or pause.

• Losses are absorbed in a pre-agreed order: shareholders → junior creditors → senior creditors. No surprise bailouts.

• Everything is priced into the loan from the start — creditors know the risks, and borrowers know the rules.

This isn’t the government picking winners and losers.

It’s the market agreeing, in advance, on how to keep debt from crushing the economy when the next crisis hits.

And with Bitcoin as the monetary anchor, there’s no temptation to “solve” the problem by inflating it away.

The value you store in sats today holds up tomorrow.

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Why This Fits Bitcoin’s Ethos

Bitcoiners value:

• Hard limits — no hidden debasement.

• Transparency — rules visible to all.

• Decentralization — no single entity deciding who gets saved.

A programmatic Jubilee honors all three.

It takes an ancient survival mechanism and re-tools it for a trust-minimized, hard-money world.

It protects the productive heart of the economy — not the privileged few closest to the printing press.

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Looking Ahead

If we don’t find a way to address the debt overhang honestly, the default path is more inflation, more hidden transfers, and eventually, a much harder crash.

The ancients knew better.

Maybe it’s time we learned from them — and used the tools of the future to make it work in the present.

Bitcoin fixes the money. Jubilee fixes the debt. Together, they might just fix the system.

Agree, our intention is our ultimate currency. Let’s not waste it on BS that doesn’t directly make of life better

What’s one non/NGU way that bitcoin has changed your life for the better?

I’ll go…Bitcoin has made very hopeful for our future. I used to think that things would continue to get worse and worse in terms of loss of personal freedoms, corruption, forever wars, personal accountability, environmental decay…on and on. Before I really started to learn about bitcoin in 2020. I knew our money system was broken and I didn’t see how it would get fixed. I now see bitcoin as creating a new parallel system that will enable other systems to come back in balance. I feel more empowered to live my purpose without living in fear or scarcity. How about you?

Nice. Where are you?

I’m flying to Kenya tomorrow and would love to join a meetup! Hopefully I’ll be in Nairobi when you do🙏🏻🧡

Look who I ran into at BTCPrague🙌🏻🧡🔥

nostr:nprofile1qqsd4swcck5la98jynsftdf9wlpnctxzhre6944dnj75dpz6lryc0uqpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqgjwaehxw309ac82unsd3jhqct89ejhxfwpfs5 explains clearly “what’s the problem?” with our broken money. His presentation is an economic masterclass. Highly recommended. https://youtu.be/YtFOxNbmD38?si=Z_sBMHG95gwk5gIA

GM Bedford! nostr:nprofile1qqst8fsvdudzn5zxff5pl925mlce4ngzg9jqad3ad7rtcl9qdxt0elgpzpmhxue69uhkummnw3ezuamfdejsz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcx0mwkj going to be a great day.

That was the best conference that I have attended in years. I wish they’d done it again sooner

So true!

The last 30 hours for newbies

Whaaahh😫

oh, wait…whoah!😅

LFG!😛

WTF?😬

Hello Nostr. I’ve been watching from the sidelines and it’s now Time to start walking the talk and putting my attention on what I believe in. I believe in bitcoin, freedom and decentralization. So more time engaging here vs X and YT. Here’s to co creating a better future. We got this!🙌🏻🧡