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KompassFrei
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How does Bitcoin move from being understood to being embodied? Exploring practical adoption, local settlement networks and sovereignty-based living from Antioquia, Colombia. Documenting the experiment as it unfolds.
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KompassFrei 2 months ago
image Today the first merchant in our local pilot accepted Bitcoin for real goods. More importantly, she chose not to convert the sats back into fiat. A payment settled. A saver emerged. The experiment continues.
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KompassFrei 2 months ago
Finish the last sentence... "In a competitive society it is no slight to a person, no offense to his dignity, to be told by any particular firm that it has no need for his services or that it cannot offer him a better job. (...) But the unemployment or the loss of income which will always affect some in any society is certainly less degrading if it is the result of misfortune and not deliberately imposed by authority." (From HAYEK's 'THE ROAD TO SERFDOM' - Chapter Eight: Who? Whom?) Whenever a person's position in life is assigned to him by somebody else—not according to whether he is needed for a particular task, but according to whether he contributes to the expansion of the fiat system,...
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KompassFrei 3 months ago
Bitcoin reduces the need to trust centralized monetary infrastructure. It does not reduce the importance of trusting one another. Perhaps it increases it. image
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KompassFrei 3 months ago
Although maximalists –and we at Kompass Frei consider ourselves among these– might disapprove Strategy's approach, this dude is brilliantly contributing to pave the way. And he does it re-interpreting the credit market. My respects.
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KompassFrei 3 months ago
How does Bitcoin move from being understood to being embodied? Bitcoin has solved many problems...Store of value. Self-custody. Global settlement. Censorship resistance. But how does capital massively flow into real-world Bitcoin adoption? Not venture-scale software. Not ETFs. Not fiat banking. I mean actual transition infrastructure... Because the risk is mistaking agreement for adoption. Many understand the thesis. Far fewer live it economically. Only through embodiment do ideas materialize and spread. So the question remains: how does a monetary network become a functioning economic reality?
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KompassFrei 4 months ago
Let's introduce the notion of efficiency into the equation: from the get-go... First, Neither is it a question of trust nor can BTC be adopted by "the nations" as long as nations base their monetary systems on the ideology that gave birth to fiat as we know it today. "No one can serve two masters." It doesn't need to by the way.
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KompassFrei 5 months ago
There may be an inherent weakness not in Bitcoin itself, but in parts of the Bitcoiner worldview (and I include myself in this): the assumption that the transition can occur primarily through the digital realm, as if "Bitcoin alone reorganizes embodied economic life". Technically, unless coins are mined directly from energy itself, how else can the new economic paradigm fully settle while materially dependent on the old one? Is this not precisely where an unresolved tension lives: a new monetary network attempting to spread through infrastructures, dependencies and incentives belonging to the previous one? The question of course is not whether Bitcoin works. The question is: how else does energy itself truly shift?
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KompassFrei 5 months ago
Perhaps this first Bitcoin-native experiment should image begin through voluntary alignment. No tokens. No equity games. No promises. Just an attempt to observe whether BTC can coordinate real human exchange locally. For those who resonate and wish to help activate the first node, support is open below: bc1q7nm7p09cxpvg7u2yelxua98yjddd2tpagnvt7l
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KompassFrei 5 months ago
How hard can it be to align BTC with a real-economy experiment, backed by real estate (50% LTV)? “Low time preference” should not translate into staggering stagnation, fellows. As Roy Sheinfeld once implied: it’s time to walk the walk. No longer think the thought only. image
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