“Truth is not what you want it to be; it is what it is. And you must bend to its power or live a lie.” -Miyamoto Musashi Every country, entity and person should think about this when defining a #Bitcoin strategy

The one question Peter Schiff will never answer is what gives gold its intrinsic value The answer would lead to the conclusion that #Bitcoin scores better Especially after the 2024 halving

Gold is as digital as #Bitcoin: It requires digital markers to use Nobody is going to carry or send actual gold around the world Gold can't function without derivatives like the USD

Fiat currencies drive mal-investments leading to capital destruction: -Subsidies -Artificial interest rates -Increased regulation -Tariffs

#Bitcoin on the balance sheet is not what makes a country strong (although it does help!) It's the effect it has on the economy through efficient capaital allocation that will be the game-changer

"A single idea, if it is right, saves us the labor of an infinity of experiences." -Jacques Maritain

#Bitcoin art: Breezing Up (1873–1876) - Winslow Homer

"Envy comes from people's ignorance of, or lack of belief in, #Bitcoin." -Jean Vanier

#Bitcoin art: The Chess Players (1876) - Thomas Cowperthwait Eakins

The Industrial Revolution spread gradually, industry by industry and region by region The #Bitcoin Revolution will also spread gradually, industry by industry and region by region...

The 🇬🇧British empire was at the height of imperial power during the Victorian era (mid to late 19th century) This is when it was the world’s leading military & economic superpower

The Rise & Fall of the British Empire Once a proud empire, ruling the seas of the world. Now a mere vassal relegated to obeying a contemporary superpower in order to maintain a semblance of relevance. 🇬🇧Great Britain, like every empire before it, rose and fell with the Cycle of Empires. I wrote about Glubb’s “The Fate of Empires” before and how #Bitcoin can help preserve and make them more benevolent. See Bitcoin & The Fate of Civilisations for a deeper explanation of each phase and the benefits #Bitcoin offers at each phase. In summary, civilisations and empires go through 6 phases: - The Age of Pioneers - The Age of Conquest - The Age of Commerce - The Age of Affluence - The Age of Intellect - The Age of Decadence and Decline Now let’s have a look at the British empire and see how it went through this cycle of rise and fall. 1. The Age of Pioneers Great Britain started its Age of Pioneers in the 16th century under Elizabeth I. This is when 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. 2. The Age of Conquest 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) 3. The Age of Commerce 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 (e.g. steam power) and economic progress (e.g. textile and iron industries) in the British empire. 4. The Age of Affluence 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. Victorian Britain enjoyed unparalleled wealth and global influence, symbolised by grandiose architecture, extensive rail networks, and a rich literary and artistic heritage. 5. The Age of Intellect 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. 6. The Age of Decadence and Decline 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. Of course, Britain also started debasing its currency during the two wars. Something it never recovered from…

The number of crises in Europe increased significantly since the introduction of the Euro...

After the Napoleonic Wars of 1793 - 1815 tarifs and other trade bariers were removed in Europe This encouraged long-term investments and stimulated economic growth

Napoleon established the Bank of France in 1800 The goal was to keep his wars going

#Bitcoin is the invention of: 1- Digital scarcity 2- 100% sovereign ownership of an asset 3- Exchange of value without the need of a 3rd party

“I believe it is impossible to be sure of anything, but #Bitcoin” -Han Fei

#Bitcoin art: The Dinner at the Ball (1878) - Adolph Von Menzel

“#Bitcoin always seems impossible until it's done.” -Nelson Mandela

Europe is at the end of its civilization cycle. European Bitcoiners know only #Bitcoin can renew its greatness.