“Because debt is a constituent of traditional government, it will be increased to eventual absurdity.”
—Buckminster Fuller
Time Standard
shibuya@getalby.com
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Time Standard explores how an 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
“Locking gold away in vaults is in just this way a destruction of a resource. Complicated rules of bookkeeping (not of physics) make it nearly impossible to get at it again. So gold grows scarce, and yet there are sensible uses for gold, the seventy-ninth element. Those bookkeeping customs intimidate us like natural laws. Yet we have only to change them (‘Forget the gold standard’).”
—Buckminster Fuller (Reworded)
“A dollar bill in time to come will be recognized as a time-captured and saved unit of energy by man.”
—Buckminster Fuller, 1938
“This metallic characteristic of money is no longer a primarily essential part of the internal U.S. dollar. Not only is the industrial worker of America willing to interpolate his work stint into a paper dollar-an intrinsically worthless medium-but actually prefers it to a metallic dollar.”
—Buckminster Fuller
“In the course of early trading, a metallic money was developed as a concentrate medium of exchange and a belief grew up as to its potentially direct value, which in due course was improperly termed "credit." Money, metalically was relatively the safest medium of temporary value maintenance, being almost non-corrosive and non-substitutable due to its rarity.”
—Buckminster Fuller
"Bits break up finite wholes into finite parts."
—Buckminster Fuller, 1975
“We are in for the greatest revolution in history. If it's to pull the top down and it's bloody, all lose. If it is a design-science revolution to elevate the bottom and all others as well to unprecedented new heights, all will live to dare spontaneously to speak and live and love the truth, strange though it often may seem.”
“From a future educational responsibility viewpoint, nothing is more challenging than the question of how we get the 99 percent to understand technology.”
"Our present accounting system is at the roots of the energy problems of today."
“People find it very comfortable to see the world, to experience reality, in square modules [dollars], and they find it disturbing—indeed threatening—for anyone to question squareness [dollars]. They do not like to hear that rectangularity [dollars] may not be innate; they do not want anyone to invalidate their scorecard of orthonormality [dollars].”
"If I had not in 1927 committed 'egocide,’ I would probably have yielded long ago to convention."
—Buckminster Fuller
"What we do today is exchange goods for our TIME. People work so many hours of their TIME, for so much capital exchange value of temporal units. They do this on an ever increasing good Faith [trust] basis."
—Buckminster Fuller
You cannot stop the truth.
"A truth [Bitcoin] once revealed cannot be repealed, and becomes so obvious, and its boundaries so abstract, that it is much more trespassed upon, by the world in general, than material possessions."
—Buckminster Fuller
"If you want to teach people a new way of thinking, don't bother trying to teach them. Instead, give them a tool [Bitcoin], the use of which will lead to new ways of thinking."
—Buckminster Fuller
Buckminster Fuller understood the halving schedule:
"In four halvings, you have eliminated 94 percent of irrelevant Universe. In seven halvings, you have removed 99.2 percent of irrelevant Universe."
—Buckminster Fuller
"Bits break up finite wholes into finite parts."
—Buckminster Fuller
The Bitcoin network is truth, mechanically interpreted.
"Truths must be mechanically interpreted wherever applicable."
—Buckminster Fuller
Some of you have found truth.
“Integrity of human beings is to spontaneously or courageously enact in order accordance with the truth once you find it. Not what the crowd is doing, not what the politics is doing.”
—Buckminster Fuller
“In these critical times let us no longer make the mistake of identifying as fools those with whom we disagree.”
—Buckminster Fuller
“You have to decide whether you want to make money or make sense (sats).”
—Buckminster Fuller