The reformation of Bitcoin

Subject: The reformation of Bitcoin Mon Dec 02, 2019 1:45 am

The separation of power from money is our generation’s great socio-economic challenge.
Anarcho-capitalists, Objectivists, Libertarians and many members of the right and left wing agree that the symbiotic bank-state has too much control over money. Many thinkers even have some vague knowledge that bitcoin can help disconnect the bank and state. The problem is that bitcoiners of all stripes only truly agree on the broad definitions of how to achieve this separation, while the specifics get increasingly fuzzy as the details come out of the penumbra.

Some proposed solutions are general agorism, blatant tax revolts, “End the Fed” and other maxims, but they are all sung from disorganized choirs of activists. Bitcoiners lack unity and precision in their plans to proliferate freedom, and the reason is the major cultural legitimation crisis occurring in Bitcoin’s fractured cultures.

A hypothesis
Separation of bank and state will occur in much the same manner as the separation of church and state in the 16th-18th centuries in Europe. It will be initiated by the same tool: a parabolic leap in the integrity of distributed data.

A brief history of the church
In the year 1500, the Roman Catholic Church was a monolith of centrality in the European social governance. Kings required a Papal blessing to wear their crowns while anointments, baptisms, and executions for blasphemy were carried out by the church. The Pope had armies and levied non-voluntary taxes upon the people of European Christendom. Literacy was uncommon, books were extremely expensive, and news could only spread by word of mouth among merchants and soldiers, so many regions lived in isolation. The local church was one of the only sources of news and education. The church was the center of the culture, and the Bible was the center of the church. However, the Bible, at the time, was only available in Latin, and the common people were forced to trust the interpretations of Scripture from their local priest – a custom that led to accusations of corruption.

The main issue of contention was the sale of “[url=https://books.google.com/books?id=LVlAXL6qJxkC&printsec=frontcover&dq=A+Modern+Guide+to+Indulgences:+Rediscovering+This+Often+Misinterpreted+Teaching&hl=en#v=onepage&q=A Modern Guide to Indulgences%3A Rediscovering This Often Misinterpreted teaching&f=false]indulgences[/url];” a type of monetary penance charged by the church to reduce the amount of time spent in purgatory. These indulgences were a very convenient source of revenue for the local church, but they were also controversial among a faction of monks who saw the ways in which they could be easily abused. One such monk was Martin Luther, the man most notably associated with the separatist Christian movement of the time.

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The reformation of Bitcoin

The reformation of Bitcoin

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