Bitcoin is a rule of law system where people agree to participate in a new governance system.
Participants in the Bitcoin network pay for power projectors to defend their access to their property.
Bitcoin's power projection competition and permissionless control structure make it impressive and unique.
π‘ Bitcoin allows individuals to choose and enforce their own rules, with a balance of incentives and disincentives to participate honestly.
β‘οΈ Bitcoin uses energy as a directed weapon against attackers, incentivizing cooperation and making it too expensive to attack the network.
π‘οΈ Bitcoin can be seen as a weapon system that establishes and preserves permissionless control over property, creating a new sovereign organization.
π Bitcoin allows for power projection and defense better than private militias or state militias.
π Geographically distributed mining networks and partitioned ledgers make Bitcoin resilient to attacks from nation states.
π‘ Bitcoin enables a shift from kinetic power projection to electric power projection, preserving permissionless control over monetized property.
π Bitcoin has transposed warfare from the kinetic domain into the electric domain.
π‘ Bitcoin mining has become a strategic military target.
βοΈ Bitcoin offers a new form of power projection and requires coordination for defense.
π‘ Bitcoin's resistance to attacks is due to the need for power projection, making it difficult and costly to attack.
π Bitcoin's mining process monetizes energy, creating an abundance of cheap energy and infrastructure.
π Bitcoin's demand is anchored to energy, creating a global source of demand for mining.
π Bitcoin enables mutually assured preservation and cooperation by improving security and increasing purchasing power.
π Bitcoin bridges the gap between competing abstractions and unites them into one shared abstraction, allowing for trustlessness and preservation of property without bloodshed.
π Bitcoin optimizes individual sovereignty while scaling cooperation and power projection, leading to the potential for a globalized sovereign entity and the ability to fight against entropy.
π Bitcoin has the potential to scale civilization beyond interplanetary and create economic abundance on a planetary scale.
π‘ Monetizing energy through Bitcoin can lead to solving issues like hunger and water scarcity by making energy effectively free.
π Bitcoin is a global bounty program for energy abundance and has the potential to revolutionize power projection and the way we perceive wealth and technology.
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