Will there be wars in a hyperbitcoinized future? Who would fight them and why?

Teamwork is overrated

One day closer to hyperbitcoinization

Humanity as a whole is astronomically more capable than the hunter-gatherers were when it comes to harnessing energy and engineering new technology. We now possess knowledge and computational capabilities in our pockets that were unimaginable just decades ago and would have been deemed godly centuries ago. A lot of this points to the fact that we seem to be on an exponential growth curve in terms of capability and intelligence. At the same time, ironically, we do not seem to be any wiser than the ancient greeks were. We still look to Sokrates, Plato and others for wisdom, and we ask the same big questions about life and the universe - and a lot of them time, the answers (or lack of answers) are still the same, despite our godly knowledge.

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AI is to humanity what alcohol is to the individual. They both enhances the charasteristics of the underlying person or country. A calm person tends to become more calm with alcohol, while an aggressive person tends to become even more aggressive. Countries that remain on a fiat standard will get more centralized and more corrupt with the rise of AI, while countries on a bitcoin standard will become more decentralized and corruption-resistant.

”The society that separates its scholars from its warriors will have its thinking done by cowards and its fighting by fools.” Thucydides 460 B.C. – 395 B.C.

I want an apple to be an apple and I want money to be money. If such thinking makes me a bitcoin puritan - then so be it.

It may seem counter-intuitive at first, but it is a rule rather than an exception that a diverse (and fragmented) base layer protocol leads to less diverse and innovative outcomes than a unified base layer protocol. This is a generally accepted phenomena within the field of complex systems.

AI and robotics will gradually take care of more of our daily routine tasks. Inevitably, this will eventually involve monetary transactions, including the management of some of our wallets and private keys. Just like servants have managed the wealth of royals and nobility of the past, our robots will do so for all humans in the future. This will massively transform how we relate to usage of money. Things like UI of LN apps won’t be as important as it is today - possibly sooner than lots of people realize. Instead - the robot will be the UI we interact with. The wallet is just a protocol that the robots communicate with, and this means that the wallets can instead be designed to maximize security and privacy, even sacrificing some degree of usability.

Based oldies like the Warren Buffetts and Charlie Mungers who refer to crypto as ”rat poison” are basically toxic bitcoin maximalists who just haven’t realized it yet.

Bitcoin tx fees - ”The last tax” In a hyperbitcoinized world where money and state are separated, Bitcoin transaction fees will emerge as the last form of mandatory payment, replacing traditional taxes. The reason is the following. As governments lose the ability to print money and rely on national debt, the inefficiencies inherent in centralized government and the public sector will become transparent. Frankly - the money printer can no longer be used for cover up. This transparency will lead to a gradual privatization of various areas, and financial incentives will favor privatization which eventually eliminates the public sector all together. Consequently, the payment of transaction fees on the Bitcoin or Lightning networks will be the sole mandatory fee for participation in both local and global economies. Hence - it will be the last tax

If bitcoin were to claim a certain percentage of all global assets tomorrow, and we assume global assets are worth 500 trillion USD, the equivalent value of one bitcoin would roughly be worth the following: Bitcoin claiming 1% of global assets = 1 BTC surpasses 238,000 USD Bitcoin claiming 5% of global assets = 1 BTC surpasses 1,2mil USD Bitcoin claiming 10% of global assets = 1 BTC surpasses 2,4mil USD Bitcoin claiiming 20% of global assets = 1 BTC surpasses 4,8 mil USD Bitcoin claiming 30% of global assets = 1 BTC surpasses 7,1 mil USD Bitcoin claiming 40% of global assets = 1 BTC surpasses 9,5 mil USD Bitcoin claiming 50% of global assets = 1 BTC surpasses 11,9 mil USD Each jump on the ladder can happen quickly. ”There are decades where nothing happens; and there are weeks where decades happen”

Decades of inflation is not that prices of goods and services increase - it’s that the fiat currencies are bleeding to death

We should focus more on measuring the price of goods and services in BTC rather than looking at the ”bitcoin price”. The former is a sign of a bitcoin standard mindset, the latter a sign of an fiat investing mindset.

Money should be stupid simple - that way it’s more compatible with more of humanity