2 years ago
“...[Georg Wilhelm Friedrich] Hegel’s dialectic process exhibits a triadic movement. Usually this triadic operation of the dialectic process is described arsenic a question from thesis to antithesis and yet to a synthesis, aft which the synthesis becomes a caller thesis and this process continues until it ends successful the Absolute Idea…” — Charles T. McGruder, Ph.D.
Fiat wealth is monolithic. Since it is centrally orchestrated and manipulated, it ever exists arsenic an hold of the volition of those successful power. It matters not who is successful power. It matters not what ideologies those successful powerfulness adhere to, with what governmental structures they identify, etc. The wealth – its supply, its dissemination, its authorization – answers to them and them alone. Thus fiat wealth is monolithic, conscionable arsenic the powers who propulsion the levers of monetary power are monoliths arsenic well.
Generally speaking, wrong Hegel’s imaginativeness of a dialectical triad, 2 sides clash, travel into conflict; the constitution (thesis) and those pushing backmost against the constitution (antithesis). This is simply a seemingly age-old dynamic. We spot it successful play successful each countries and with respect to a myriad of societal movements. As but 1 illustration of the aforementioned premise, successful 1960s America a situation to the prevailing societal norm arose that contiguous we fondly recollect arsenic the Woodstock oregon hippie generation.
This pushback (antithesis) centered connected concerns implicit paradigmatically-particular governmental and societal issues (the Vietnam War, the civilian rights movement, the women’s rights movement, etc.); but successful each likelihood, had not those issues existed astatine the fore of the American governmental and societal economy, different concerns would person been identified and served arsenic fodder for rejection of the presumption quo (thesis). This hostility is not simply generational successful nature, though determination often exists, astatine its core, a generational prime to the rejection of peculiar norms and values.
On the aboveground this each seems innocuous enough. Young radical question the values and content systems of the older generations, with the inherent hostility playing a cardinal relation successful the improvement of caller and seemingly much “progressive” (non-ideologically) societal norms and frames of reference.
And truthful the 2 sides butt heads, and successful time, and with a definite magnitude of struggle, a caller thesis emerges (synthesis); and this caller mode of doing things successful crook becomes the entity of adjacent caller challenges and rejections, and astir and astir we go.
This whitethorn look similar mean generational stuff: the caller replacing the old, and truthful on. Unfortunately and successful information disastrously, fiat wealth perverts and poisons this seemingly earthy process. Indeed, fiat wealth prohibits the improvement and emergence of the absolute idea, of a caller reality. Society remains stuck successful an endless loop of exploitation and power-grabbing. The hippies go the banal brokers, advertisement infinitum.
Bitcoin is the implicit idea.
When a caller thesis is calved – erstwhile implicit clip those struggling against the prevailing powers and norms extremity up succeeding successful supplanting the presumption quo and creating a caller intelligence and existential framework of notation – those blazing the way successful this emergent mode of being person ever been seduced and intoxicated by the powerfulness of money. Just arsenic Isildur couldn’t extremity the reign of Sauron by undertaking the seemingly elemental enactment of tossing the ringing of powerfulness into the fires of Mount Doom (and frankincense breaking the dialectic cycle), truthful excessively person those who acceded to powerfulness wrong the seemingly revolutionary and emerging paradigm been seduced by the powerfulness of monetary control. In different words and erstwhile again, the hippies go the Wall Street bankers.
This is not natural, contempt our efforts to explicate and rationalize it arsenic such. We person created each mode of societal constructs to explicate distant the emerging structure’s remnant addiction to fiat wealth and power: “...It's good to beryllium wide and idealistic erstwhile you’re young, but erstwhile you’re older and person responsibilities and children and whatnot, being wide is conscionable immaturity…” and truthful forth.
“...In Hegel’s strategy the conception of the implicit thought expresses the eventual synthesis, the cardinal rule of reality…” — B.S. Rabbot
Bitcoin decouples the dialectic from the monetary realm. In a hyperbitcoinized world, wealth is nary longer an look of power. The thesis is challenged by the antithesis based upon classical wide values, but the emerging thesis is not successful clip co-opted by the siren of fiat. The values persist! Indeed, the archetypal procreation to unrecorded successful a afloat Bitcoinized satellite volition besides beryllium the archetypal procreation to person nary framework of notation vis-a-vis the weaponization and steroidization of money.
Here’s wherever things get dicey. Those of america who are astir present for the commencement of Bitcoin presumption satoshis, contempt our champion efforts to not bash so, done the filter of dollar denomination. We are psychically tainted. We are the sons and daughters of a fiat-informed reality, and breaking escaped from specified recognition is possibly not possible. Our choice to propulsion backmost against the existent thesis (fiat money) whitethorn implicit clip pb to a hyperbitcoinized world, but our reality, our framework of reference, volition inactive beryllium of a satellite successful which dollars (euros, renminbi, etc.) reigned supreme. In different words, our quality (actually, not MY quality … I’m a Boomer … I’ll beryllium dormant and gone agelong earlier this nexus infinitesimal arrives) to wholly disentangle ourselves from the age-old thesis of fiat whitethorn beryllium precise hard to attain.
If however, arsenic a species, we are someway capable to extremity not lone fiat wealth arsenic an institution, but arsenic importantly fiat wealth arsenic a memory, and if we are someway capable to go the Bitcoin satellite truthful galore anticipation for, we volition person reached the eventual synthesis; we volition person reached the eventual truth, world itself. For Bitcoin – that bonzer protocol, that beauteous and perfectly immutable, uncensorable, borderless, permissionless portion of relationship and speech – is world and information incarnate.
In a genuinely Bitcoinized world, wealth tin nary longer beryllium leveraged arsenic a root of power, due to the fact that the web is weakened by those seeking to exploit it for riches and strengthened by those seeking mutuality and self-sovereign communitarianism. And successful time, arsenic this norm becomes ingrained successful the psyches of radical and communities the satellite over, those seeking powerfulness and summation volition beryllium viewed arsenic a puzzling anachronism, zombies of a bygone property that nary longer holds immoderate meaning successful the corporate representation of the species.
This is wherefore I judge that it volition instrumentality generations, centuries, for Bitcoin to beryllium afloat realized. Not until the dialectic triad is breached with respect to fiat wealth volition Bitcoin go the implicit idea, that internalized reality, that volition prevention humanity from its ain worst self.
This is simply a impermanent station by Dan Weintraub. Opinions expressed are wholly their ain and bash not needfully bespeak those of BTC Inc oregon Bitcoin Magazine.
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