Post
Topic
Board Bitcoin Discussion
Re: Bitcoin foundation
by
BenCodie
on 23/07/2023, 21:41:18 UTC
If in the world there are about 8 million people, each of whom will accumulate 2.625 Bitcoins in a cold wallet and never sell them, then the price of Bitcoin could skyrocket to infinity. These individuals, who have gone through natural selection and acquired 2.625 Bitcoins on the market, could unite, for example, in a religious Order, and gain the chance to change the world order. This trend is already emerging today. Pay attention to how more and more politicians and officials from different countries are being influenced by the idea of Bitcoin and becoming holders themselves.

Could you provide any reference as to how this trend is emerging today? I can't see it. I can see whales accumulating...I can see individuals buying...though I can not see a band of 8 million coming together to fight the unstoppable forces and powers that be.

You must understand that all liquidations of your margin positions, all losses in the market on shitcoins – these are necessary dues to become a plebeian. Then you must work diligently to accumulate 2.625 Bitcoins on the market, whatever the cost may be. When an army of approximately 8 million plebeians is assembled, you will always begin to win. By uniting in an army or an Order and following a common strategy and purpose, the plebeians' education, work experience, skills, religion, personal qualities, etc., will no longer matter. Only in this way can you defeat the selected elite with higher IQ, better education, more work experience, superior connections, and more capital than you... And you have no other choice; either join the army of plebeians or you and all your future generations will be slaves... Even if you change your names and surnames to the right ones, you will never be admitted to Yale, MIT, Berkeley, or Stanford, believe me. Our army of approximately 8 million plebeians will be invincible. Because you can't kill what is already dead.

Your theory is fine and uniquely articulated, there is definitely a level of truth here if you don't read the "army of plebeians" like some folk tale. It is true that elites will always be superior, that the vast population will become modern-day slaves (as most already are) and that we are fighting an uphill battle against people or families that are born into privilege. Whether or not holding 2.625 BTC is enough to change an individual's part in this future, is another story. How would these 8 million band together? How will they fight together or unite, being distributed around the globe? Why would they survive a potential manhunt from their fellow citizens or more powerful people if the world got to this state?

I don't see any other way of uniting such a diverse and scattered group of people than through the establishment of, let's say, a religious Order 2.625 and subsequently creating a quasi-state BTCatican. My academic advisor used to say that an idea represents only 5% of the implementation. However, I believe that Bitcoin on 95% consists of idea and just 5% the specific software implementation, mining, cryptocurrency exchanges, liquidity providers, futures, options, ETFs, speculators, investors, etc. It is the idea that generates progressive monetary systems; the idea materializes, lives, and will outlive us all.

Imagine what could possibly be common among the wealthiest person in the world, the President of El Salvador, owner of Telegram, a Ukrainian deputy, Bulgarian scammers, Albanian drug traffickers, a programmer, an American rapper, a PhD scientist, a world boxing champion, an heiress to a major hotel chain, a German entrepreneur, a prostitute, and others? Well, what can they have in common besides the idea(religion)?


So we're talking quite literally about a religion-like movement for Bitcoin?

I can totally see where you are coming from and your response was articulated perfectly in terms of conveying the idea...however I do wonder if the same goal could be accomplished except in a way where we aren't creating a cult or a religion out of Bitcoin, rather a modern alternative that is less about faith and ideas, and more about immutable facts.

An organization, or a foundation, which is governed by those with 2.625 Bitcoin and distributes Bitcoin for those who are contributing not only to Bitcoin's adoption and exposure, as well as in its fight against fiat and banks, might be similar but not the same, and less traditional. The organization could incentivize those with less BTC to do good for any of Bitcoin's causes in order to build wealth sooner, communities could unite, bounties could be given...it mightn't be too bad of an idea to pursue in this way.

I might even explore the idea myself if I ever hit the 2.625 club