Bitcoin is the most brilliant innovation in human history
We need money aligned with universal law.
Why?
Because if we have money *misaligned* with universal law, we get backwards results like:
Cost-of-living rising (the cost-of-living has never been higher in human history than it is today… that’s insane)
Nonstop violence
Falling birth rates
Record levels of obesity
Growing rates of depression
Working harder, affording less
Higher rates of substance abuse and escapism
None of these are natural. But that’s what the world has seen since adopting unnatural money in 1913, and especially since 1971, when the developed world officially went off the gold standard and unleashed the ability to print economic energy out of thin air.
We need money aligned with natural law so we can *harmonize* with nature and re-orient ourselves with the vast intelligence of the universe.
Money’s job in the market is to capture, store, and transfer time and energy.
That means we need money that aligns with time and energy in the same manner that the universe aligns with time and energy.
That’s what Satoshi innovated. Bitcoin.
The idea is this: Bitcoin uses proof-of-work to align with energy and it adjusts the difficulty of that work to stick to its schedule denominated in time.
Real world, universal energy has to be used for Bitcoin to function. The use of real world energy is “proved” through Bitcoin’s verifiable proof-of-work.
This aligns with the universal law of conservation of energy: energy cannot be created nor destroyed, only converted from one form to another.
This is part of Bitcoin’s brilliance. Each and every bitcoin ever mined has real world energy baked into it - because the mining of all bitcoins requires the converting of real world energy into Bitcoin’s network.
This is utterly brilliant - we are transplanting real world energy and bringing it into the digital world. The significance of this cannot be overstated.
Bitcoin’s difficulty adjustment ensures that the network stays grounded in time.
Bitcoins are mined with proof-of-work, but if there was no adjustment of the difficulty of that work, the network would accelerate and break the fabric of time...
As more energy came onto the network, blocks would be created faster and faster — eventually so fast that reaching network consensus would become impossible. That would shatter the reliability of Bitcoin.
Satoshi’s solution: the “difficulty adjustment.”
If more energy comes onto the network, it becomes harder to mine a new block. If less energy is dedicated to the network, it becomes easier to mine a new block.
Satoshi set this difficulty adjustment so that each block was created and verified once every 10 minutes.
This is how we know the supply issuance schedule of all 21 million bitcoins all the way until the last satoshi is mined in 2140.
How crazy is it that we have a monetary policy not set in stone... but set in TIME?
This is why Bitcoin is not a “blockchain.” Blockchain is a scam.
Bitcoin is a timechain. It is its own clock, using proof-of-work and the difficulty adjustment.
Other “cryptocurrencies” cannot bear claim to a timechain, so they grift the word “blockchain” instead.
Gold is mined out of the ground, Bitcoin is mined out of time.
That is insane.
For all we know, all 21 million bitcoins are already out there, we just can’t get to them without dedicating TIME and ENERGY from the real world.
The difficulty adjustment. Proof-of-work.
Time. Energy.
Bitcoin’s brilliance.
