A Most Peaceful Revolution (2019) — 2 minute bitcoin

A Most Peaceful Revolution (2019) — 2 minute bitcoin

Make no mistake: Bitcoiners are revolutionaries.

The State always grows. Participating in the democratic process only empowers it as devotees reward it through votes in exchange for entitlements.

Bitcoiners reject this. Understanding that the only winning move in politics is to not play - they abandoned the rules with a totally independent monetary system.

This predictably enraged the State-dependents. It is no coincidence that Bitcoin’s most hysterical critics overwhelmingly benefit from the State.

All mainstream newspapers have nothing but mockery for an asset that went from 0 to $1 trillion in a decade, with no venture backing, IPO, or founder - just an open-source body of maintainers.


We aren’t in a prelude to war - we are living it.

War isn’t explicit anymore - people don’t fight on an open battlefield.

War is sanctions, insurgencies, IEDs, drone strikes, infrastructure sabotage a-la NordStream, and virtual rebellion.

Bitcoin is at war with the State that tries to control everything. It provides a stable, State-independent system of property rights that outcompetes less stable State-dependent ones.

Bitcoin challenges the State’s most treasured privilege: the ability to finance itself through inflation and seignorage, as well as other repressive tools a significant fraction of the world lives under - capital controls and local exchange rate manipulation.

The world’s couple dozen most authoritarian, inflationary regimes are threatened by its existence. The most vibrant p2p Bitcoin markets are in such States.

Political Revolution

Bitcoin differs from other cryptocurrencies by its soul.

Reinventing a monetary system takes irrational zeal and an unwavering commitment to a firm vision of the future.

No other project is building a system to last decades and face the State head on.

Success for other cryptocurrencies is an exit. In stark contrast, for Bitcoiners, success is the day when no exit is required.

People confused the blockchain revolution as a technological one: