NEWSLETTER
It’s that time of year when the leaves are changing, the chill of winter is in the air, and many of us in the Western world are once again preparing for the holiday season. Thanksgiving and Christmas are important holidays for many and one of the best times to get together with family. Still, I would say that one of the most important holidays is only celebrated by 0.01 percent of the world’s population.
That’s right, I’m talking about White Paper Day. 15 years ago today, one of the most important documents ever written was released to the world. The importance of this document is similar to Martin Luther, who published his 95 Theses in Wittenberg, Germany, on October 31, 1517..
Satoshi Nakamoto must have been a student of history because there is little chance that this was a coincidence and Satoshi must have understood the significance of publishing the White Paper on this day. The parallels between the White Paper and the 95 Theses simply cannot be ignored.
Martin Luther’s 95 Theses directly challenged the established moral authority and teachings of the Catholic Church which were never questioned by the average person in those days due to blind obedience to the powers that be.
For the typical citizen of that time, the Church had the final say in everything and should never be questioned. This system worked for a long time until one day people started asking questions.
Such significant changes in the way people see the world, such as those that occurred during the Reformation, do not occur in a vacuum. There were a series of events that led people to this paradigm shift.
The Catholic Church in the 16th century functioned more like a government than a religious institution.. In those days, Popes were in charge of enormous bureaucracies that dealt with everything from forging alliances, building armies, and taking advantage of the fears of his parishioners to create a corrupt company to make money.
Essentially, over the centuries, the Catholic Church moved away from the original mission of spreading the Gospel and obeying God’s commandments and focused more on worldly issues of money and power.
The same paradigm shift about money and power is happening right now and is present in the genesis block. “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks” is more than a news observation: it is a realization that the global monetary system is irreparably broken.
Man has proven time and time again throughout the centuries that when given absolute power over the lives of others, even the most pious and well-intentioned among us become corrupted. It is a fatal flaw of the human condition. The only thing we, as humans, can do is mitigate this impulse as much as possible.
This is what makes the bitcoin White Paper such a profound and essential part of world history.
money makes the world turn
Everyone knows, young and old, that money makes the world go round. This is why most people get out of bed and head to a job they hate to earn little pieces of paper that their governments say have value. People do this because they want what the pieces of paper represent.
These pieces of paper represent time, work, and desires for goods and services that can benefit your lives. Just as in the days of Martin Luther, the masses were content with the Church having all the power. People today are happy with governments controlling the money printer. But some are starting to ask questions and notice things.
The rising inflation of the last two years is becoming difficult for the average consumer to ignore, and the growing global debt crisis is an intractable problem that central banks can only solve by printing more political monetary units, devaluing them further in a vicious spiral. of debt. until the monetary collapse.
The publication of the bitcoin whitepaper and the wide dissemination of this information has shown the world that there is a better way to create money, in a way that takes away the power and temptation of our so-called leaders to print new money at will for their own benefit. bitcoin binds this innate temptation toward corruption into an unbreakable chain of positive incentives, decentralization, transparency, and limited supply, enabled by ingenious difficulty adjustment and backed by global energy.
These features never existed in the barter system, the gold standard, or the fiat system we live in now. Today we have the opportunity to remake the world with better money that works for everyone and not just the elite. This is a social experiment that has never been attempted in human history and that we cannot afford not to try.
We have seen the results of other types of money. Why not prove with money that governments cannot create from nothing or confiscate? What else do we have to lose? Our backs are against the wall, friends; It is freedom or tyranny. Freedom or death. What path will humanity take?
On this glorious White Paper day, choose hope over despair. Stand up to the powers that be like Martin Luther did so long ago and change the world with every action you take.
Remember: “It does not take a majority to prevail… but rather a furious and tireless minority, eager to kindle the fires of freedom in the minds of men.” -Samuel Adams
