The most logical Bitcoin argument:
We all operate on a standard measurement of time.
Seconds, minutes, hours, etc are all the same length no matter where you go in the world (this isn’t about the theory of relativity).
There are 60 seconds in a minute, 60 minutes in an hour, 24 hours in a day, and so on. Practically everyone, everywhere agrees on this standard of measurement. Such an agreement enables us to organize and coordinate ourselves most efficiently, “I’ll meet you there in 30 minutes… tell Dad we’re leaving in five hours… this store is closing in 15 minutes.”
Imagine you went to Germany and there were 85 seconds in a minute and 26 hours in a day, then went to Australia and there were 40 seconds in a minute and 22 hours in a day. Everything would be incredibly confusing. Airline travel between the two countries, shipping arrangements, and all other basic communication regarding time would quickly become an insanely complex and unnecessary mathematical dance.
Imagine your friend from out of town visited you, but they ran on a measurement of 85 seconds in a minute, while you ran on a measurement of 40 seconds in a minute. Imagine trying to communicate with them your plans surrounding time, “We’re leaving in 10 minutes.”
Their 10 minutes would be completely different to your 10 minutes. Their measurement of time would be completely different, making it frustratingly difficult to organize and coordinate with them. It’s better if there’s one standard system of time across the board, that way, it is easiest and most efficient to communicate time and organize ourselves in accordance with that system.
Seconds, minutes, hours, etc, are humanity’s measurement of time.
Money is humanity's measurement of value. We economically assign value to things using money.
As of 2025, there are 180 different measurements of value used around the world. In other words, there are 180 different fiat currencies that exist today. All of these fiat currencies are issued, controlled, and manipulated by governments and central banks, enabling them to change how much money is in circulation at any given point. Said another way, they can manipulate the measurement of time, but in this case, it is value.
Imagine a government could change how many seconds were in a minute, how many days were in a week, and so on, whenever they wanted. Chaos and disorder would ensue.
That is precisely what is happening today with fiat, except the measurement being manipulated is value, and not only does the world have to deal with 180 different currencies and exchange rates between countries, which is plenty cumbersome and difficult, but the world has to deal with each currency itself constantly fluctuating in measurement.
Imagine building a house and the number of inches in a ruler changed everyday. 12 inches on Monday, 13.5 inches on Tuesday, 9 inches on Wednesday. Then, on Thursday, somebody told you you’d have to be using centimeters and meters. Then, on Friday, somebody told you no more of that, you’ll now be using a completely new measurement called “fiat.”
Now imagine your neighbor building a separate house next to you, except they use an entirely different form of measurement from you. Imagine trying to coordinate and discuss building houses with this person. You’d be speaking two different languages, because you’re using two different measurements.
Now imagine using 180 different, constantly fluctuating measurements while trying to build a house. The house would take forever to be built, and if it were ever completed, it would likely collapse the next day. This is what it’s like to be using 180 different forms of money across the world.
This is utterly inefficient and, quite frankly, unfathomably stupid. Why not simply use one globally standardized measurement system that doesn’t fluctuate?
The world works best on globally standardized measurement systems, such as time. Any additional system, or fluctuation in measurement, increases friction.
Money is the measurement of value.
In that case, why would the world not work best on one standardized measurement of value?
What sounds like a better route towards human-wide cooperation and cohesiveness? 180 different measuring sticks for value, or one?
Logically, the answer is one standardized measurement for value. But, that standardized measurement would have to ensure one thing: the measurement can never be manipulated by anybody, just like time.
This is Bitcoin.
@JeffBooth sent this to me. He posted on NOSTR yesterday, and gave me permission to put it out on X on his behalf, as Jeff now posts almost exclusively on NOSTR. As you can imagine, I agree with Jeff’s assertions. I find I very rarely don’t. Thank you.
JB: With all the chaos and nonsense going on in the world right now, I wanted to share something that I believe is critical as it relates to what is happening on #bitcoin (the first global free market that can’t be cheated) versus a system of corruption (trying to stop that system) Either 1) through willful intent or 2) lack of knowledge.
(*the majority of people fall into the lack of knowledge group)
According to game theory and playoff matrices: even when there are very high rewards and low punishment (they wouldn’t get caught) approximately 10% of people won’t cheat - no matter what!They place a higher internal value on integrity that overrides external rewards. I’ve seen this number as low as 2.5% and as high as 20%.
Why is that important:
Although everyone wants to see themselves as one of the honest, the math says that between 80 - 97.5% of people will cheat depending on the rewards. Now enter money - the ultimate pot of gold with high rewards and low punishment for cheating because people don’t understand it. Most people will cheat - a mirror of the world we see and have seen in Bitcoin since its inception. Need inflation, bad for environment, drug money, doesn’t scale, crypto, meme coins - the list will go on and on because if people can “get rich at someone else’s expense - most will. Those are simply the numbers and always have been.
In fact, in prior periods of history, the honest were at a massive disadvantage because and would often be killed by the cheaters. Because the integrity was so rare, society would often celebrate these people after their deaths as lessons of what we wanted our higher selves to look like.
#bitcoin has changed the equation. Giving those with integrity the power. Why: because 2.5 - 20% of people that won’t cheat is a massive number - especially if many of those people are decentralized and can’t be “found”. Those are the people who eventually run nodes, contribute their time and energy to keeping #bitcoin decentralized and secure, watch for attack vectors, build value on top of this protocol, call out the cheaters, teach and advocate to help others see it. Those people simply can’t be bought, and more are joining every day.
That decentralized and secure protocol bounded by energy is repricing everyone and everything from the other system and it will continue to do so as that system tries to grapple with: the cheaters no longer make the rules.
It will be chaotic, many more will try to cheat (don’t be afraid to slay your heroes) but in the end…..Satoshi unlocked a way to put the best of us into a protocol that was best for all of us.
What a time to be alive.
Jeff Booth
anyway regardless of the virtue of one eschatological cult over another, being a doomer is simply not the GTO strategy here. if you would please consult the graph
Thank you, Satoshi Nakamoto.
Thank you, Hal Finney.
Thank you, Adam Back.
Thank you, Laszlo.
Thank you, Ross Ulbricht.
Thank you, Cypherpunks.
Thank you, hodlers.
Thank you, miners.
Thank you, developers.
Thank you, node runners.
Thank you all.
Thank you to everyone who made bitcoin go from a dream to a global economic juggernaut.
When demand for gold rises, more gold is produced.
When demand for oil rises, more oil is produced.
When demand for USD rises, more USD are produced.
When demand for Bitcoin rises...
as the suffering intensifies
many will run to their respective religions
but that’s just putting a bandaid on an open wound
it won’t do anything
good luck
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The sooner you realize this is the game Wall Street plays, the better.