2 years ago
This July 4th is an accidental to deliberation astir however Bitcoiners reclaimed their ain fiscal independence.
Part One: A Declaration Of Independence
There is simply a batch of past 1 could survey erstwhile examining Independence Day. Some historians mightiness notation the 1940s, oregon the 4th of July being recognized arsenic a national holiday; possibly BBQs oregon fireworks would find their mode into the conversations.
A subject historiographer mightiness dive into the American Revolution, 1776, the Continental Congress oregon the archetypal 13 Colonies arsenic an fantabulous spot to statesman boring their grandchildren. Bitcoin authors person besides explored this taxable from a assortment of perspectives. I’m going to effort an alternate approach; from a presumption quo perspective.
One facet that galore hide to notation is that lone a small, fringe number genuinely sought implicit and sovereign independency from Great Britain successful 1775. The colonists who believed that “America” should beryllium autarkic of Great Britain were considered a extremist radical that deviated from the norm. The masses took comfort, adjacent successful tyranny.
Thomas Paine’s “Common Sense” onboarded galore much colonists to instrumentality up arms arsenic distrust and choler grew against Great Britain.Paine’s enactment has similarities to Satoshi Nakamoto’s white paper connected Bitcoin. Both documents sought to exposure issues successful the existent presumption quo and projected an alternate solution.
The situation was that astir of the colonisation recovered comfortableness successful persecution, taxation, deficiency of practice and authoritarian rule. Many motion this disconnected present arsenic years tick distant and nine is further removed from the past, but however would beingness alteration if radical were genuinely sovereign successful America?
Imagine if nary governmental interference, nary bailouts, nary information nets, nary welfare, nary subsidies and nary “free” rides were the norm? I posit that if a census took spot today, galore Americans would err connected the broadside of tyranny versus sovereignty — arsenic they did successful the precocious 1700s.
I could suggest galore rationales, but the bulk of them hover astir a fearfulness of the chartless oregon genuinely having to enactment themselves and those they attraction for with thing much than their wits, hard enactment and determination. Bitcoin rewards each these quality attributes with incorruptible, non-confiscatable, immutable and eternal property.
Bitcoin’s proof-of-work exemplary mirrors the American spirit; adjacent beyond generational hope, Bitcoin represents American grit. Bitcoin rewards hard work, due to the fact that it was calved of hard work, time, vigor and sacrifice. Bitcoin is determination, due to the fact that it was founded connected an alternate to the presumption quo. Bitcoin mirrors Independence Day successful a profound manner.
Bitcoin outwits stupidity, arrogance, ineptitude, laziness and greed. For individuals seeking sovereignty, determination is nary different alternative.
The irony is that everyone from liberals, moderates, libertarians and conservatives are represented successful the Bitcoin network. Yet, they are inactive a fringe number successful their respective communities. This communal thread has drawn them together, adjacent moreso, successful immoderate respects, careless of their governmental differences. Individual “Financial Independence Day” has not yet been identified by galore individuals (non-Bitcoiners) — let’s alteration that.
Part Two: Individual Sovereignty
Many individuals, organizations, corporations and nation-states ain bitcoin, oregon astatine slightest they deliberation they do. Unless these parties clasp their backstage keys, they entrust custodians, galore of whom failed erstwhile propulsion came to shove.
Many speechmaking this nonfiction whitethorn person kept their backstage keys for years, portion others mightiness person precocious acceptable up a hardware wallet … and are plugging it successful regular to guarantee they recognize however it works. Others either bash not clasp their backstage keys, person their beingness savings sitting connected a third-party speech oregon are not exposed to bitcoin (yet).
I would promote Bitcoiners to spot if they tin look backmost connected their hardware wallet’s transaction past to spot erstwhile their archetypal BTC transportation occurred. The time these individuals took custody of their archetypal satoshi oregon bitcoin is their Financial Independence Day.
Next, I would promote families to marque this day known to the radical they attraction astir and, astatine a minimum, usage this day arsenic a reminder to sermon the value and value of Bitcoin, sovereignty, hard work, determination and independence.
Yes, the 4th of July is simply a national vacation wherever families gather, interruption breadstuff and bask clip together; however, the meaning is mislaid if, adjacent for a little moment, clip isn’t dedicated to remembering the value and sacrifices made connected your behalf.
When folks place their family’s Financial Independence Day, I promote them to observe conscionable arsenic overmuch arsenic they would erstwhile they grant this state connected the 4th of July. The value of Independence Day is that individuals tin OWN property; and what amended spot to ain than 1 that is wholly non-confiscatable by immoderate entity?
Perhaps, if you person not taken custody of your bitcoin, possibly this 4th of July is simply a large time to start.
Happy 4th of July, and a extremity of the chapeau to sovereign individuals with satoshis and Bitcoin successful acold storage.
This is simply a impermanent station by Dr. Riste Simnjanovski. Opinions expressed are wholly their ain and bash not needfully bespeak those of BTC Inc. oregon Bitcoin Magazine.
English (US) 