Bitcoin is the first system in history where time is an emergent property of consensus rather than authority.
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Bitcoin is the first system in history where time is an emergent property of consensus rather than authority.
What’s really going on with Bitcoin behind the scenes has to be stranger than fiction. Governments and Central bankers 100% understand what it represents. High likelihood many high profile people in the space have hidden agendas and hidden masters. Whatever we see on tv or in print is narrative not truth. We rationalize the behaviour of an asset based on an incomplete picture driven by our internal need for certainty. We abstract it to bars and lines and measure its value in numbers. Bitcoin is an idea and we are trying to quantify its dissemination.
We will be illuminating the machine do the masses this April
Is Trump not the final grifter boss?
We’re watching the end of altcoins. Ground to dust and scattered to the wind. The AI economy runs on lightning. There may be other payment networks but not ones where value accrues to token holders. The monetary singularity starts with the sudden realization that bitcoins value gravity in the online world is inescapable.
Bitcoin is looking for a floor. It is not a number, even though charts try to abstract it into one. The bottom is when collective desperation, agony, and panic wash away and are replaced with a sense of calm. The worst is over. When that happens resilience, conviction, rationality step in and sew the most important seed. Hope. We are not separate individuals. The market is a collective consciousness. A soup of all of our fear and greed. The numbers help our rational minds anchor to a structure to try and make sense of this process but it is itself irrational and nonnumerical. Cycles are a ceremony.
Feeling like things are about to get really interesting
How’s everyone enjoying the singularity?
This was a very thoughtful interview, Jake leads a great conversation