To more fully appreciate and understand Bitcoin, focus on the network, not on the fiat price of the token. #Bitcoin is more interesting than bitcoin.

When central banks create money, they don’t create value. What money printing does is take value from those who have money, and put it in the newly created money. The first to receive that new money are able to “invest” or dump that new money into real estate, stocks, bonds, artwork, etc. Who loses from this system? The downstream users of the money, now diluted by the earlier printing: ordinary people, fixed income savers. #Bitcoin fixes this.

This is Atan and Paul, my companions at Kalayaan Homestead. Every month this year, they’ve been receiving Sats or Satoshis in addition to their salaries. Like half of the Philippine population, they belong to the “unbanked”—people who have no bank accounts and have no access to the financial rails of the country. To be unbanked is to be handicapped and have impaired ability to buy and save. This is a global problem. Bitcoin solves this problem because 12 words give you access to money and a savings account that cannot be inflated by governments. With a few conversations here and there, they’ve started to know the meaning of sound money. Imagine when this becomes a reality for families, barangays, indigenous peoples, cooperatives, savings and loan associations. People individually and collectively having access to a new financial system, bypassing the old one. A former President famously said, “you can’t eat human rights.” Bitcoin makes the right to property real for the disadvantaged, allowing them to plan for the future and save their labor in a form of money secured by energy and protected from politics. Bitcoin is hope.

Presentation at Boracay #Bitcoin Retreat (28 March 2023) Bitcoin as Language and Foundational Protocol of Civilization

The Protocol Wars of the 21st Century will be between #Bitcoin and CBDCs. It will be between freedom for plebs and digital panopticon.

The U.S., after suspending the redeemability of the dollar to gold, created the petrodollar system to sustain an artificial demand for its currency. Now that such system is about to collapse because of what China and Russia are doing, the best move for the U.S. would be to load up in bitcoin and later on declare that the dollar as backed by Bitcoin. This should re-establish trust in the dollar and tie its currency with money actually tied with energy.

#Bitcoin is language, a communications protocol. Like math. Like any other system for oral and written communication. It is the Lingua Franca of the digitally networked information economy of the 21st century.

#Bitcoin is systemic fairness. We can spend a good part of our lives fighting against instances of injustice and abuse, but if winning requires consent by trusted agents of the system, we are bound to eventually get disappointed and broken-hearted. Activism within the system is necessary still and is a worthwhile effort for many. Bitcoin is different because it is an entirely new system: fair by default and by design. It is a world where public and private institutions cannot tamper with and manipulate the product of your labor, work, and energy. In this world, the party you need to trust, first and foremost, is yourself.

The value to society and to humanity at large of an honest and stable monetary system is priceless. #Bitcoin

#Bitcoin is a set of abstract ideas, encoded in software, with the internet as medium, using energy as its foundation of security and constraint.

This is the first meeting of The #Bitcoin Society of the Philippines. The goal is to promote Bitcoin education and adoption. Our home node is Silliman University.

#Bitcoin is digital scarcity on a timechain. Everything else is a mirror of fiat, on a blockchain.

THE MISSION. last year, while still a homesteader and not affiliated with any institution, I posted a note inviting people to the homestead for a lecture about things I’ve learned about the world with the privilege of time and being away from everything. Today, as Dean of Silliman Law, I’ve begun the work of informing people about The Bitcoin Monetary Network and how it will affect us all as the world changes at an accelerating pace. Like most other missionary work, this will be tiresome and lonely at first, but bitcoiners all over the world are full of confidence, hope, and optimism because they have a solution in their hands that they believe people will accept as good for the world. We just need to bridge the gap between knowledge and fear, skepticism and understanding. See you at the next forum.

Will be speaking at the Boracay Bitcoin Conference March 27-29. “Bitcoin as Language and a Foundational Protocol for the 21st Century”

What does #Bitcoin change? Only EVERYTHING.

Separation of Church and State = No KYC, No AML for Exchange of Ideas Separation of Money and State = No KYC, No AML for Exchange of Value #Bitcoin

Note No.2: “Study Bitcoin to Learn About The Current Economic and Monetary System” is now available at

Florin T. Hilbay

Truth is, #Bitcoin is not competing w gold, bonds, stocks, real estate, artwork. Its aim is grander; so much grander. It is to simultaneously become the global reserve asset and humanity’s cash. It’s not even competing w the dollar, which is “only” a global reserve asset and cash for one country and a few others. The dollar is but a stepping stone, a necessary one. So yes, Bitcoin is coming for the marbles. All of them.

If someone else can print your money for you, then you’re that person’s slave. If another country can print your nation’s currency, then your nation is a colony. If one nation can print everybody else’s currency, then that nation is an empire, and all empires extract and dominate with its money printer. #Bitcoin is Justice and Fairness.

We need to educate as many as we can about #Bitcoin because it’s the best lens for understanding what’s happening with the world today. Then they get to decide what’s best for them.