HARRY 3 on Nostr: Aleks Svetski - The Bushido of Bitcoin. I haven’t read such words of wisdom and ...
Aleks Svetski - The Bushido of Bitcoin. I haven’t read such words of wisdom and Bitcoin fire since Erik Cason - Crypto sovereignty.
For example
Bitcoin and integrity -
The Bitcoin system is in itself an embodiment of integrity. It is “whole and complete” in the sense that we know its maximum supply and the full ruleset. It is a ‘Truth Machine’, not unlike the Logos:it just is, in its glorious completeness.
As a transparent ledger, recorded and distributed worldwide, it is as honest a record of human action, value and money as we’ve ever had ( and possibly ever will have) There is no papering over what’s there.
Bitcoin is an immutable record, an incorruptible source of truth.
It goes further. Bitcoin’s consensus mechanism is the most elegant solution we’ve seen to ensure honest node operation in an adversarial environment. By combining monetary incentives, the real cost of energy, cryptography and the law of large numbers,Bitcoin orients validator toward honesty, without the need for coercion, trusted collaboration, or trusted third parties: it solves the Byzantine Generals Problem. At the same time , it incentivises individuals and collectives to cultivate integrity…….life on a Bitcoin standard. I believe that in such a world integrity, like honor, will be valued more than guile and opportunism. The entrepreneur will earn more than the trader. The producer will be valued more than the consumer. The short-termism and nihilism will give way to a lower time preference and greater meaning.
These are the acts of a Hero: to tell the truth in a world of lies, and to inspire others to do the same.
For example
Bitcoin and integrity -
The Bitcoin system is in itself an embodiment of integrity. It is “whole and complete” in the sense that we know its maximum supply and the full ruleset. It is a ‘Truth Machine’, not unlike the Logos:it just is, in its glorious completeness.
As a transparent ledger, recorded and distributed worldwide, it is as honest a record of human action, value and money as we’ve ever had ( and possibly ever will have) There is no papering over what’s there.
Bitcoin is an immutable record, an incorruptible source of truth.
It goes further. Bitcoin’s consensus mechanism is the most elegant solution we’ve seen to ensure honest node operation in an adversarial environment. By combining monetary incentives, the real cost of energy, cryptography and the law of large numbers,Bitcoin orients validator toward honesty, without the need for coercion, trusted collaboration, or trusted third parties: it solves the Byzantine Generals Problem. At the same time , it incentivises individuals and collectives to cultivate integrity…….life on a Bitcoin standard. I believe that in such a world integrity, like honor, will be valued more than guile and opportunism. The entrepreneur will earn more than the trader. The producer will be valued more than the consumer. The short-termism and nihilism will give way to a lower time preference and greater meaning.
These are the acts of a Hero: to tell the truth in a world of lies, and to inspire others to do the same.