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Time Standard
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Time Standard explores how an honest accounting system based on time is realigning global incentives. Fountain: https://fountain.fm/show/xXGroUZAmM2F8dsO5fbF Spotify: https://open.spotify.com/show/1gLdI80eBS2eKUtEbPRbIl Apple: https://podcasts.apple.com/us/podcast/time-standard/id1795787407 Youtube: https://www.youtube.com/@TimeStandard
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timestandard 10 months ago
The Bitcoin network is an open and permissionless protocol with an insatiable appetite and buying capability. "You can't have mass production without mass distribution. You can't have mass distribution without mass consumption. You can't have mass consumption without mass buying capability. We need a broad spectrum of those who could participate." —Buckminster Fuller @Jeff Booth
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timestandard 10 months ago
Bucky and Satoshi both understood the existing system increasingly relied on trust, and that it could be taken advantage of: "As time is saved by progress, and time is in everything, all material products of industry must necessarily become lighter and lighter. It is worthy of note that this will be definitely reflected in the mirror of economic progress, the stock market, provided the time savings progress is balanced by the increase in good faith, and may be taken advantage of by those who intelligently acquaint themselves of this fact." —Bucky
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timestandard 10 months ago
Satoshi has the fingerprints of a Comprehensive Anticipatory Design Scientist. "Designing the new [time-energy] accounting system is the task of the Comprehensive Anticipatory Design Scientist." —Bucky
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timestandard 10 months ago
Cuts from a conversation with @Jeff Booth with thoughtful insights about: Building on those who came before us Passive vs active resistance Protocol or Principle Working for 8 billion people Maps and perspective Free markets, technology, and deflation Networks Energy infrastructure A new hurdle rate Education Full conversation coming soon...
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timestandard 10 months ago
Excerpts from a conversation with @Leon packed with insights about: Buckminster Fuller Digital Real Estate Housing Architecture Bitcoin Technology Full conversation coming soon...
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timestandard 10 months ago
"Elimination of war can only be realized through a design and invention revolution." -R. Buckminster Fuller
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timestandard 10 months ago
Bucky often referred to himself as a "trimtab"—a small rudder that can change the course of a large ship with a small amount of force. It was his analogy for how any single person can start to make a big difference. Satoshi put this into practice.
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timestandard 10 months ago
Bucky understood there is a gestation rate for ideas and inventions. “Even after ‘discovery,’ inventions often remain popularly unrecognized and unemployed for long periods.” —Bucky
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timestandard 10 months ago
Satoshi understood Comprehensive Anticipatory design science. "Designing the new accounting system is the task of the Comprehensive Anticipatory Design Scientist." —R. Buckminster Fuller
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timestandard 10 months ago
Bucky understood we had a solution; it just wasn't widely understood yet. That is beginning to change. "Lack of knowledge of the solution's existence often leaves humanity confounded when it need not be." —Bucky
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timestandard 10 months ago
Bucky understood tools are amoral: "The military also buys soap and water, but that doesn’t mean soap and water must be boycotted by those who hate war. They also buy pencils, and it’s perfectly clear to me that a man could use a pencil as a dagger or he could write a prescription to save a child’s life. So how tools are used is not the responsibility of the inventor." —Bucky
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timestandard 10 months ago
Bucky understood how a system designed for failure will drive people to altcoin casinos: "The deep-seated proclivity of humans to gamble their monies is founded on the working assumption of human consciousness that individuals are inherently programmed for failure and that only cultivated luck can divert the individual from his negative plight." —Bucky
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timestandard 10 months ago
Bucky understood our monetary system was upstream of our energy problem. "How much of our energy problem is the result of our accounting system?" "Our present accounting system is at the roots of the energy problems of today." —Bucky
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timestandard 10 months ago
Do your own thinking. Don't trust; verify. "I say I never try to tell anybody else what to do, number one. And number two, I think that’s what the individual is all about. Each one of us has something to contribute. This really depends on each one doing their own thinking, but not following any kind of rule that I can give out, any command. We’re all on the frontier, we’re all in a great mystery–incredibly mysterious. Each one possesses exactly what each one is working out, and what each one works out relates to their particular set of circumstances of any one day, or any one place around the world." —Bucky
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timestandard 10 months ago
Bucky understood how important and valuable ideas were: "There is no loss so great as that brought about by the procrastination and loss of an idea."
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timestandard 10 months ago
Bucky understood the problem with the existing monetary system was its reliance on increased good faith (trust). "As time is saved by progress, and time is in everything, all material products of industry must necessarily become lighter and lighter. It is worthy of note that this will be definitely reflected in the mirror of economic progress, the stock market, provided the time savings progress is balanced by the increase in good faith, and may be taken advantage of by those who intelligently acquaint themselves of this fact."
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timestandard 10 months ago
"The very word 'inflation' is a deliberately deceptive term adopted to exploit the easily misguided human reflex conditioning. It was spontaneously chosen to obscure the fact that all non-holders of corporate shares are being legally robbed." —Bucky
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timestandard 10 months ago
Its permission-less. No one is stopping you. "And this is not a matter of an examination of the types of governments, nothing to do with politics, nothing to do with economic systems. It has to do with the individual. Does the individual have the courage to really go along with the truth?" —Bucky
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timestandard 10 months ago
Bucky understood knowledge is the antidote to fear: “The many who are not literate about what’s going on will be terribly scared.”