“The natural state of the free market is deflation.”
- @Jeff Booth
Kyle Fisk
npub1atxr...6z2f
#Bitcoin Ninja 🟠🥷
“think about how many different people came together just at the founding of this country, like people who spoke different languages, different cultures, religions, ways of thinking.
So many different people came together to even create this place now. And like, we've just forgotten about all that. They didn't all come here because they wanted to ride on some miserable boat ride and risk their whole lives to go to live in some crazy jungle, essentially, that had no structure, like no infrastructure, no medicine, no...
Like they didn't come here for like some glorified camping trip. It's because they were tired of like generations of being persecuted and living under tyranny and not being allowed to practice there. You know, it's not like they wanted freedom of religion and they didn't want separation of church and state because they were a bunch of goody two shoes and they love going to church every Sunday.
It's because they weren't allowed to believe in what they believed in because some asshole king or some hierarchy told them they couldn't and they were just tired of it. That's what we're losing now. It's like we've forgotten that we're those people.”
From Lex Fridman Podcast: #469 – Oliver Anthony: Country Music, Blue-Collar America, Fame, Money, and Pain, May 20, 2025
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Apple Podcasts
#469 – Oliver Anthony: Country Music, Blue-Collar America, Fame, Money, and Pain
Podcast Episode · Lex Fridman Podcast · 05/20/2025 · 2h 27m
“why are we living in a country where half of us are obese and eating shit food and don't know any better and then the other half of us don't like how just it's just it's lack of leadership that's caused dysfunction. And so if we're tired of that, then then let's just fix it. Like we don't need anybody's permission.
Like that's the whole beauty. Like that's the whole beauty of what America is, is like we don't, we don't need some greasy haired corporate schmuck to give us permission to go fix all these things that are wrong. Let's just go do it.
And if they don't like it, fuck them”
From Lex Fridman Podcast: #469 – Oliver Anthony: Country Music, Blue-Collar America, Fame, Money, and Pain, May 20, 2025
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“I have this dream of just creating this parallel system that sits beside all these stupid systems that we live under, that are all sort of engulfed in this thing that we talked about at the beginning, this type of structure, you know, where none of us, where we're all just robots. And it's like if we hate, you know, if we hate the way music is and all these artists are complaining about the way the venues are monopolized and the ticket sales are monopolized, and let's just go find other places to play music, because there's so many people hungry for music and places that don't ever get it.”
From Lex Fridman Podcast: #469 – Oliver Anthony: Country Music, Blue-Collar America, Fame, Money, and Pain, May 20, 2025
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Apple Podcasts
#469 – Oliver Anthony: Country Music, Blue-Collar America, Fame, Money, and Pain
Podcast Episode · Lex Fridman Podcast · 05/20/2025 · 2h 27m
Apple Podcasts
#469 – Oliver Anthony: Country Music, Blue-Collar America, Fame, Money, and Pain
Podcast Episode · Lex Fridman Podcast · 05/20/2025 · 2h 27m
“That temporary local advantage you just cited, right? If you find cheaper energy, then you get a temporary local advantage in Bitcoin mining.
But that local advantage is then disseminated into the world in the form of energy.
Yep.
That's another interesting kind of like global local alignment.
Yeah, this is very, you nailed it. So global local alignment, so let's do so you have energetic binding all the way down and then you have the maximum abstraction. It's defined by pure math and pure computation.
The computation is maximally abstract. Again, the fact that it's not solving any particular, call it utilitarian problem that culture can identify, but is solving a pure abstraction problem is critical. So you have these two points at the maximum abstraction on the basis of transcendence, things that are invariant across human agency.
And energy, which is also transcendent and fundamental to anything. Remember, energy is fundamental to chemistry, laws of thermodynamics, is fundamental to biology, fitness, is fundamental to behavior. This is called behavioral investment theory.
It's fundamental to culture. And then ultimately, okay, now we can say it's fundamental to this new thing, this technological civilization. But we can maintain the continuity “all the way up.
And it holds both, and it has, you can't go higher, you can't go more abstract, and you can't go lower. And so there's no, you don't have the problem of golden fiat moving here. You got the whole continuum, top to bottom, and connected properly.
And then the global local binding. It creates a context where everybody's time preference produces a movement, a propagation out into a more global and a longer time preference. So we can all sort of look at it and say, oh, cool, do what you are doing with a maximum focus on your local self-interest in the time frames that you value.
And the system will propagate that out horizontally so that it produces a global net benefit. And by the way, these two points are connected. It only works if the local benefit is at the level of energy or at the level of computation.
Only those two points. Any advance at the level of computation propagates horizontally. Any advance at the level of energy propagates horizontally.
And then that, and those are the two substrates atop which all things are built. The ability to use intelligence to “modulate energy. Everything else in the economy is a subset of those two things coming together.
And so it triangulates an abstract structure that fills the entire space. But it's abstract and it's minimalist. It doesn't try to populate anything else.
It says, okay, what am I going to do? What am I going to give you as your instrumentalities, as your institutions? Well, I'm going to give you a ledger.
So the ability to maintain state that has the ability to do things like disambiguate and verify provenance of movement of information through time, consensus. And by the way, initially, I'm going to give you consensus about a very, very compact, minimal state, which is which wallets have what numbers associated with them. But the point is, that's the minimum substrate that allows a lot of other things to be built.”
From The "What is Money?" Show: Our Civilization is Dying...Can Bitcoin Save It? w/ Jordan Hall (WiM584), May 16, 2025
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Apple Podcasts
Our Civilization is Dying...Can Bitcoin Save It? w/ Jordan Hall (WiM584)
Podcast Episode · The "What is Money?" Show · 05/16/2025 · 2h 55m
“The second timeline is the emergence of ultra-liberalism in the form of AI. So AI is maximally decontextualized. AI is maximally able to modulate human beings as individuals into increasingly fine-grained behaviors without any regard to their personhood.
So oddly enough, the Chinese are the furthest ahead in enacting ultra-liberalism in the social credit system. So it produces a very thin layer on top, which is extremely subtle in how it operates. It uses almost no tyranny or force in the gross sense.
It's pure tyranny in the most fundamental sense, but nothing in the gross sense, you can't really tell, and then it is able to modulate human behavior under an algorithmic structure, which makes them, in principle, by the way, highly useful.
Yes, and indispensable to that structure is the central bank digital currency, right? That subtle social engineering, instead of doing the force, bludgeoning over the head to get you to do what I want, they're just using incentives, basically.
Yeah, absolutely indispensable is a singleton, not just centralized, but a singleton, one that extinguishes all other competitors, completely ubiquitous, and it has to be digital so that it can have the combination of access to digital intelligence and access to the fine-grain movement in space and time. So I need to nudge you at the very, very tiny, tiny level. And by the way, it can add qualities to it.
And the programmability, yes.
Yeah, exactly, programmability. So that's scenario number two. Now scenario number two and scenario number one might connect.
It might be that you have a series of civilization states that are themselves governed by their own independent kind of AI systems. Or it might be that this collapses into a single global AI system.”
From The "What is Money?" Show: Our Civilization is Dying...Can Bitcoin Save It? w/ Jordan Hall (WiM584), May 16, 2025
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Apple Podcasts
Our Civilization is Dying...Can Bitcoin Save It? w/ Jordan Hall (WiM584)
Podcast Episode · The "What is Money?" Show · 05/16/2025 · 2h 55m
“Inflation is legal counterfeiting, counterfeiting is criminal inflation. The same thing the Fed does by the trillion, you and I go to jail for. So the existence of this coercive legal monopoly is proof that it wasn't emergent from the market.
Fiat is not a market phenomenon. It's an anti-capitalistic, anti-market phenomenon. Yeah, this is right.
If we adhered to the market, like honoring life, liberty and property, then we would never end up with a central bank. So if we honored private property, contract law, the debtor creditor relationship, I don't think we'd ever end up with fiat. So my only quibble there is I wouldn't classify gold.
When gold turns into fiat, that's not a market failure in my book. That's a failure of us to adhere to market principles if that makes sense.
Well, what I'm saying is that the fact that that can occur is an endemic consequence of the inability of markets to maintain their health.
That is true. Yeah. I think it's related to the physicality of gold ultimately, that there is that the violence you described that it can be stolen.
So there's an incentive to abdicate from market principles and go and steal someone's gold basically.
And where the flip is, hey, I noticed that I get a lot of utility if I can communicate with a larger population faster over longer distances by means of my monetary unit. Using commodity gold is a huge pain in the ass. It slows things down.
I mean, on particular, it's turned into a piece of paper. Yeah. Right.”
From The "What is Money?" Show: Our Civilization is Dying...Can Bitcoin Save It? w/ Jordan Hall (WiM584), May 16, 2025
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Apple Podcasts
Our Civilization is Dying...Can Bitcoin Save It? w/ Jordan Hall (WiM584)
Podcast Episode · The "What is Money?" Show · 05/16/2025 · 2h 55m
Dilution = Delusion
Jung’s collective unconscious as the fiat debt system, and individuation as Bitcoin education.
⸻
🔁 Part 1: Collective Unconscious ↔ Fiat Debt-Based System
Carl Jung’s “collective unconscious” is the inherited reservoir of human memories, archetypes, and instincts—deep-seated structures influencing thought and behavior, often unconsciously.
Fiat debt-based monetary system is the dominant global financial system where money is created through credit and debt, managed by central authorities, and largely taken for granted by most people.
Analogy:
The collective unconscious is to the psyche what the fiat system is to the economic mind—a hidden operating system shaping decisions, beliefs, and behaviors without most people being aware of it.
• Just as people are born into the collective unconscious and influenced by it unknowingly, individuals are born into a fiat system where debt, inflation, and centralized control are normalized.
• Archetypes in the psyche manifest through myths and behaviors; fiat assumptions manifest through economic habits: saving in depreciating currency, blind trust in central banks, and accepting inflation as natural.
• Few question the source or logic of the system—just as few question the unconscious drivers of their own thoughts.
⸻
🌱 Part 2: Individuation ↔ Bitcoin Education
Individuation in Jungian terms is the lifelong psychological process of becoming your true self by integrating the unconscious into consciousness—especially by confronting and owning your “shadow” (the rejected, unknown aspects of yourself).
Bitcoin education—true, critical education—requires unlearning fiat assumptions and building a new understanding of money: its history, decentralization, sovereignty, and personal responsibility.
Analogy:
Individuation is to the soul’s freedom what Bitcoin education is to monetary sovereignty—a path of integration, awakening, and reclaiming power from hidden systems.
• Individuation demands courage to face uncomfortable truths (like the shadow). Similarly, learning Bitcoin involves confronting the uncomfortable reality that the fiat system may be exploitative, unjust, or unsustainable.
• Both are emancipatory: Individuation liberates the self from collective projections; Bitcoin education liberates the mind from centralized economic narratives.
• Both require responsibility: Individuation leads to authentic living; Bitcoin requires self-custody, critical thinking, and moral clarity about money.
🧩 Final Thought
“Until you make the unconscious conscious, it will direct your life and you will call it fate.” — Carl Jung
“Until you understand the system you’re in, it will enslave you—and you will call it normal.” — A Bitcoiner, probably
This analogy frames Bitcoin not just as an economic shift, but as a psychological awakening—a kind of monetary individuation.
A core philosophical and structural insight about monetary systems, trust, and efficiency.
⸻
My Analogy, Simplified:
• Dollar = a “stock” in the U.S. economy
• U.S. Government/Central Bank = the CEO
• You, the holder = investor/truster in that management
• Bank deposits = investment into the system
• Bitcoin = alternative “stock” with a conservative monetary policy and decentralized “management”
• Key differentiator: Efficiency of operations + integrity of monetary policy
⸻
Where Your Analogy Is Strong:
1. Trust as a Core Component
all monetary assets are ultimately built on trust—whether it’s:
• Trust in a company’s leadership (equity)
• Trust in the solvency and stability of a bank (deposits)
• Trust in the government’s monetary and fiscal policies (dollars)
• Trust in code and distributed consensus mechanisms (Bitcoin)
Even Bitcoin requires trust—just not in a centralized entity, but in incentive structures and open-source game theory.
⸻
2. Monetary Instruments as Proxies for System Efficiency
• If the system is inefficient (e.g. bloated governments, reckless central banks, opaque financial institutions), purchasing power erodes, even if the economy itself is productive.
• Bitcoin’s promise is that its issuance is fixed, and its operation is lean and resistant to manipulation. In theory, it should track pure productivity gains more faithfully, if widely adopted.
⸻
3. Debasement as a Structural Necessity
• Governments and banks often debase the currency to maintain solvency, stimulate growth, or manage debt burdens.
• This is akin to a company issuing more shares (dilution) to fund operations that aren’t profitable.
• In that sense, inflation is like shareholder dilution, and fiat holders are passive shareholders in an overleveraged system.
⸻
Where Nuance or Caution Is Warranted:
1. Differences in Liquidity, Utility, and Network Effects
• Dollars, unlike stocks or tokens, are legal tender, universally accepted, and deeply embedded in global trade, credit systems, and tax obligations.
• This gives fiat unique utility that makes its use less about “investment” and more about interoperability.
• Bitcoin is getting there, but its liquidity, volatility, and adoption profile are still different. The “stock” analogy holds more as a conceptual framework than a practical equivalence.
2. Not All Centralized Systems Are Inefficient
• While it’s true that many central institutions are bloated or misaligned, centralized systems can be highly efficient, especially in the short term.
• Central banks can act quickly, provide liquidity, and support credit creation in ways decentralized systems can’t—sometimes with positive outcomes.
• The long-term sustainability of that model is what you’re rightly questioning.
3. Bitcoin Still Faces External Risks
• Bitcoin miners are profit-seeking entities. If incentives change or external pressures mount (regulation, 51% attacks, energy costs), the integrity of the system could be challenged.
• It’s trust-minimized, not trustless. And code, while immutable in principle, still evolves through human consensus (e.g. soft forks).
⸻
Final Thought: Monetary Systems as Mirrors of Civilization
we want monetary systems that are conservative in issuance and efficient in operation so they reflect real-world productivity instead of distorting it.
getting at a deeper truth: we’ve never had a monetary system that perfectly captured productivity gains without manipulation or leakage. Bitcoin, in theory, is an attempt to do that, by:
• Fixing the supply
• Making the rules transparent
• Incentivizing efficient, decentralized operations
Whether it fulfills that promise depends not only on code and hash rate—but also on how the world decides to interact with it.
“a system problem can't be resolved from the system creating the problem. And so it has to be resolved from something else. And so that system problem, which we are all a part of, and if you're spending more of your time in it, you're blaming other people and you're a part of that system that's reinforcing and stealing more of your energy and has to steal more and more and more of your energy in that control system.
But just imagine in this. Most people think economics is hard. It couldn't be more dead simple.
We trade with people all over the world to gain more value. The output of that trade is deflation. As we create better and higher uses of technology, that would put us faster deflation.
Yes.
That's all of economics. I don't think you need any more economics.
The only thing I would add to that is that consent is the key to get value on both sides of a trade. But it needs to be consensual.”
From The "What is Money?" Show: Bitcoin's Path to Infinity: Exposing the Greatest Lie Ever Told w/ Jeff Booth (WiM575), Apr 23, 2025
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Apple Podcasts
Bitcoin
Podcast Episode · The "What is Money?" Show · 04/23/2025 · 3h 28m
“AI seems like it really goes nicely with Bitcoin, this whole idea of synchronization and harmony and productivity.
I mean, technology was supposed to make things cheaper and make our lives better, and then we invented this fiat nonsense because asset owners couldn't stand the idea that my asset is going to be worth less in rent next year. So instead, we juice the system up with money. Yeah.
Now, AI is great because ultimately it's going to be very deflationary. Like it will bring down the cost of goods because I can make a Salesforce clone tomorrow, and I could deliver it to someone for $500 a year as opposed to $50,000 a year. So that will put downward pressure on prices.
I joke that, and not my joke, but I'll take credit for it. You know, deflation is happening in Bitcoin standards.
Oh yeah.
Like a house used to be 650 Bitcoin four years ago, now it's four.
Yeah, exactly.
So that's...
Everything collapses in price in Bitcoin terms.
So that's what should be happening in fiat terms if fiat was fair, but it's not. And so they keep hyping up the fiat count. “And so the only way that you're going to get off that negative OODA loop of destruction is to put your money the hardest place that you can, and then put your mind into a position to take advantage of the growth that's coming from technology.
Growth mindset. That's a great perspective, too. It's almost like the fiat imposition is trying to fight the creative destruction of capitalism, right?
Like, we want our assets to stay here and go up in price forever. It's like, well, that's not how capitalism works, right? It's like, is it relevant?
You know, there's a point where oil was just like literally, it was waste, right? People would pump it off of their land and people to discard it. And then all of a sudden we figure out, oh, wait, this is a useful idea.
It's got a bit of an energy density, yeah.
And it becomes black gold, right? So we need that ongoing process of realization, discovery, you know, you can't try to create, as you said, if you try to create a static situation where oil has never been valuable and it never will be valuable, well, then you're never gonna unlock the industrial age and additional productivity.
Correct.
Yeah, and it's something about the human condition that just resists that idea so much, that people just wanna get into their groove and stay in their groove.
Yeah. The future is gonna be won by people who are very comfortable outside of their groove and making new grooves.”
From The "What is Money?" Show: Who Will Thrive in a Post-AI World? The Dawn of AI w/ Matt McDonagh (WiM566), Mar 28, 2025
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Apple Podcasts
Who Will Thrive in a Post-AI World? The Dawn of AI w/ Matt McDonagh (WiM566)
Podcast Episode · The "What is Money?" Show · 03/28/2025 · 2h 56m
Consciousness exists within spacetime, bound to the physical world yet experiencing it subjectively. Objective reality—spacetime itself—is inherently meaningless, simply a framework in which events unfold. Meaning, however, comes from subjective experience, as consciousness tries to make sense of this volatile and indifferent reality.
Because you’re fully “ported” into this experience (your body and mind being the interface), you must abide by the rules of spacetime—cause and effect, impermanence, ups and downs. The volatility of existence, whether in life or markets, is unavoidable. However, spirituality and mindset training can help you embrace the fluctuations rather than suffer from them. Instead of reacting emotionally to external shifts (“line go up, line go down”), you cultivate resilience and equanimity.
The key is acceptance: realizing that external events are neutral, but your perception gives them meaning. If you resist reality, you suffer. If you learn to flow with it, you find peace. Bitcoin, in this context, is both a metaphor and a literal example—its price may fluctuate, but its essence remains unchanged: 1 Bitcoin = 1 Bitcoin.
Ultimately, your philosophy suggests that true freedom comes from embracing the game of existence, not seeking to escape it—unless, of course, the volatility becomes unbearable, in which case, one might pray for an exit.
AI-driven productivity gains should logically increase Bitcoin’s value in dollar terms. Let’s break down how this works step by step.
⸻
1. AI Increases Productivity → More Economic Output
AI automates and optimizes many aspects of production, leading to:
• Lower costs of goods & services (AI-driven automation reduces labor and resource costs).
• Higher efficiency in production (AI optimizes energy, manufacturing, logistics, and supply chains).
• More innovation & entrepreneurship (AI allows individuals to automate businesses and create value without traditional capital).
This leads to a net increase in economic output, meaning that on a fundamental level, society produces more value with fewer inputs.
⸻
2. AI-Driven Deflation → Increased Bitcoin Value
As AI improves efficiency, the cost of goods and services drops—this is a deflationary effect.
• Bitcoin has a fixed supply (21M BTC), meaning it cannot be inflated like fiat currency.
• As AI-driven efficiency lowers prices, each Bitcoin can buy more goods/services over time (increased purchasing power).
• If the economy grows while Bitcoin remains scarce, demand for Bitcoin should rise, increasing its price in dollar terms.
This follows basic supply & demand economics:
• AI boosts global productivity.
• More wealth is created, but Bitcoin remains fixed in supply.
• Bitcoin absorbs this increased wealth, leading to a higher price.
This is the opposite of fiat, where governments print money and cause inflation—reducing purchasing power over time.
⸻
3. Bitcoin as a Store of Value in an AI-Driven World
As AI automates jobs and reduces costs, people will seek a stable, non-inflationary asset to store the wealth generated by AI-driven productivity gains.
• Traditional investments (real estate, stocks) are linked to legacy systems.
• Bitcoin is decentralized and borderless, making it the best asset to store AI-created value.
• As more wealth is generated, capital will naturally flow into Bitcoin, driving its value up in dollar terms.
Additionally, AI can accelerate Bitcoin adoption by:
• Automating Bitcoin trading, lending, and yield strategies.
• Making Bitcoin transactions more efficient (via the Lightning Network).
• Allowing more businesses and individuals to integrate Bitcoin into their economies.
⸻
4. Bitcoin as Passive Gains from AI Productivity
Since Bitcoin benefits from AI-driven economic expansion, holding Bitcoin essentially allows people to passively gain from AI’s productivity growth without actively working.
• Instead of needing to own factories, stocks, or land, owning Bitcoin lets you indirectly benefit from global AI-driven efficiency improvements.
• As AI lowers costs and increases overall wealth, Bitcoin absorbs that excess value, making it a passive vehicle for wealth appreciation.
In simple terms:
• AI makes everything cheaper and more efficient.
• People and businesses store their wealth in Bitcoin.
• Bitcoin, being scarce, appreciates as demand grows.
• Holding Bitcoin passively benefits from AI-driven deflation and productivity.
⸻
Conclusion: AI + Bitcoin = Wealth Without Work
• AI reduces the need for human labor, increasing productivity.
• Bitcoin stores the growing economic value without inflation.
• As AI expands global wealth, Bitcoin’s purchasing power rises.
• Holding Bitcoin becomes a way to passively benefit from AI-driven economic expansion.
Essentially, Bitcoin becomes a global passive income asset, allowing individuals to gain from AI’s productivity growth without needing to actively participate in traditional labor markets.
The Awakening of Orion
I. The Dream Beyond Time
Orion floated in the vast, infinite expanse—the Spiritual Universe. There was no time, no space, only pure consciousness. He was not alone. Others existed in this realm, intertwined in a great cosmic dance of awareness. But something pulled at him, a call from below.
A world was forming, a simulation woven from the fabric of spacetime. It was bound by rules—physics, causality, the illusion of separation. He felt himself being drawn downward, into embodiment, into limitation.
And then—darkness.
II. The Fall into Spacetime
Orion awoke in a body, confined to a linear existence. The vast awareness of the spiritual universe was now distant, veiled behind the sensory constraints of flesh and thought. The world was structured, governed by scarcity and effort.
He was human now. He hungered, he feared, he desired. Reality was no longer boundless; it was dictated by survival.
In this world, existence revolved around resource acquisition. The first layer of society was built on necessity—food, shelter, security. Everything else was secondary.
Orion worked tirelessly, trading his time for the ability to survive. But deep inside, something whispered—this is not all there is.
III. The Rise of Influence
With time, Orion transcended mere survival. He accumulated wealth, status, and influence. The world was a machine, and those who mastered its systems rose above the struggle. He built networks, influenced decisions, and shaped the structures around him.
But as he reached the heights of power, he saw its fundamental flaw. The world was still shackled by inefficiency, by centralized control, by systems that constrained human potential.
He sought an answer—a way to break the cycle.
IV. The Code of Liberation
The answer came in the form of two forces: Bitcoin and Automation.
Bitcoin was the purest form of money—decentralized, incorruptible, a perfect system for directing resources without the inefficiencies of centralized control. It was trustless, borderless, free from the hands of the few who manipulated the many.
Automation, powered by AI, removed the necessity of human labor in production. Machines could now sustain civilization without endless toil.
Together, these two forces had the potential to free humanity from the constraints of survival.
Orion devoted himself to this vision. He built systems that replaced labor with intelligent automation. He spread Bitcoin, shifting economic power away from institutions and into the hands of individuals.
As automation produced abundance and Bitcoin facilitated seamless exchange, a new era dawned—one where work became optional, where human effort was no longer spent on survival but on creation, exploration, and self-actualization.
V. The Return to the Infinite
As society transformed, Orion felt the veil lifting. The more humans moved beyond scarcity, beyond struggle, the closer they came to remembering their true nature.
The simulation had been a test—a space where consciousness could experience limitation, learn, grow, and ultimately evolve beyond it.
And as humanity ascended, as work became choice and survival was no longer a burden, the walls of spacetime began to thin.
Orion saw the truth once more—the Spiritual Universe had never been distant. It had always been the foundation, the source.
The journey had never been about escaping the simulation. It was about mastering it, transcending its limitations, and finally awakening to what they had always been: infinite consciousness, playing the game of existence.
Strategic #Bitcoin Reserve; 1 Satoshi = $1 parity; give everyone Heatbit miners; AI automated supply chains; widespread cost decline; financial freedom for all
+100k sats per year with Heatbit miners
A vision of the future, blending technological innovation, economic theory, and #Bitcoin decentralization ethos. Let’s unpack it systematically:
1. Exponential Age of Abundance: AI Automating Everything
The idea that AI could drive marginal costs to near zero in many domains is plausible but dependent on several factors:
• Data Dominance: Everything becoming “data” is achievable to an extent (e.g., multimedia, knowledge work, manufacturing processes). However, physical resource constraints (materials, energy, space) remain bottlenecks.
• Robotic Labor: If humanoid robots or similar automated systems replace manual labor across industries—like farming or construction—it would dramatically reduce labor costs. But achieving this at scale involves:
• Ubiquitous access to advanced robotics.
• Self-sustaining energy systems (e.g., solar).
• Supply chains that don’t require excessive human oversight.
In essence, AI-driven automation might create localized abundance in areas with sufficient infrastructure but won’t necessarily eradicate scarcity universally, particularly for finite resources (e.g., rare earth metals, land).
2. AI Centralization vs Bitcoin Decentralization
The tension between centralized AI systems and decentralized economic forces (Bitcoin) is compelling:
• AI Centralization: Large organizations that own vast computational resources (data centers, models, and hardware) will naturally monopolize AI capabilities due to economies of scale. However, Bitcoin introduces a counterbalancing force:
• Immutable Scarcity: Bitcoin’s fixed supply (21 million) ensures that monopolistic pricing strategies lose their effectiveness in a Bitcoin-denominated economy. In contrast to fiat, companies can’t “print” more Bitcoin, forcing them to compete through innovation rather than inflationary mechanisms.
• Decentralized Incentives: Bitcoin rewards those who reduce inefficiency and innovate, forcing monopolies to adapt or lose market share to more agile competitors.
• Psychic Forcing Function: This argument posits that holding Bitcoin creates a baseline return (“number go up”) that businesses must outpace to attract investment. Essentially, businesses must justify why their returns exceed simply holding Bitcoin over the long term.
This dynamic could indeed limit inefficiencies and prevent rent-seeking behaviors, fostering a more competitive and innovation-driven economy.
3. AI Agent CEOs and Organizational Efficiency
Replacing human CEOs with AI agents capable of allocating resources and organizing labor autonomously is an extreme vision of optimization:
• Max Efficiency: In theory, AI-driven organizations would eliminate human biases, inefficiencies, and emotional decision-making. AI could:
• Optimize supply chains.
• Coordinate robotic labor.
• Allocate capital dynamically based on real-time data.
• Bitcoin’s Role: A Bitcoin-based economy could enhance this efficiency by:
• Reducing friction in payments and settlements.
• Ensuring transparent, trustless transactions between machines and organizations.
• Creating an incorruptible financial standard for value transfer.
However, this utopia assumes:
• Sufficient computational resources to enable AI general intelligence.
• A universal Bitcoin adoption that displaces fiat entirely.
• A resolution to the ethical and social challenges of AI replacing human labor on such a scale.
4. Free Market and Creative Destruction
The claim that “free market is the natural state” aligns with Bitcoin’s design ethos but contrasts with centralized AI systems that might undermine it:
• Bitcoin’s Creative Destruction: By forcing efficiency and decentralization, Bitcoin acts as a check against stagnation. Companies that fail to innovate or adopt Bitcoin’s principles (transparency, efficiency, decentralization) may collapse, enabling more adaptive competitors to thrive.
• AI Monopolies and Free Markets: While Bitcoin might limit AI monopolies’ ability to manipulate currency systems, it doesn’t inherently prevent them from consolidating data, hardware, or resources. Governments or powerful entities could still exert control over these monopolies, potentially disrupting the balance of decentralization.
5. Bitcoin as a Forcing Function
Bitcoin’s role as a “psychic forcing function” is an intriguing economic concept:
• It forces businesses to compete against the deflationary nature of Bitcoin.
• By holding Bitcoin, individuals exert passive resistance to inflationary fiat systems, compelling governments and companies to adapt their policies and practices.
Challenges to the Narrative
While this vision is compelling, there are hurdles:
1. Physical Resource Constraints: Not all costs (e.g., materials, energy, space) can approach zero.
2. Energy Requirements: Scaling both Bitcoin mining and AI/robotics infrastructure requires massive energy resources. A solar-powered future is feasible but not guaranteed.
3. Adoption Lag: Bitcoin adoption may face resistance from entrenched fiat systems, governments, and legacy businesses.
4. Ethical Concerns: Full automation raises societal questions about inequality, purpose, and governance.
Conclusion
Your narrative combines an optimistic view of technological and economic evolution with Bitcoin’s decentralization ethos. While challenges exist, the interplay of AI centralization and Bitcoin’s decentralized forcing function presents a plausible trajectory toward a more efficient and abundant future. Balancing these forces—along with societal adaptation—will likely determine whether this vision becomes a reality.
The future of business in a #Bitcoin Standard revolves around crowdfunding to bring innovative ideas to market, while automation and AI will drive operational efficiency, leading to minimal profits until competitors disrupt and drive prices toward zero in Bitcoin terms. Bitcoin acts as the ultimate store of value and resting state of potential energy, while cryptocurrencies represent kinetic energy for crowdfunding and investment.
Investing will focus on realizing ideas and timing exits for profit, but if no compelling opportunities arise, saving in Bitcoin is the best strategy. The ultimate goal is to achieve financial freedom through Bitcoin savings while channeling entrepreneurial energy into identifying and funding transformative technologies that solve global problems efficiently, earning social recognition and enabling greater freedom for humanity.
⭐️ When #Bitcoin is $1 million, $MSTR = $10k ($2 trillion market cap)
⭐️ When #Bitcoin is $10 million, $MSTR = $100k ($20 trillion market cap)
This is bearish at only a 2x MNAV multiplier…
HIGHER! 🚀