Bitcoin is underestimated by anyone who considers it just money. It's not just a digital payment system. This is the tip of the iceberg. It is a technological and political revolution. It is a unique network of trust and communication in the form of an advanced platform. A genius way of recording data, in which any programmer can "button" his own applications.
Don't find it strange that it started with money. The first form of writing ever to appear in Mesopotamia began with the need to record the grain that each farmer had deposited in the common warehouse. This organization required some form of proof. Other cultures, which did not develop agricultural cultivation as the prey and the fruits were sufficient for them, were content with music and painting. Later, the first metal coins were used to record debt! An accounting document noted how many coins corresponded to the amount of grain each farmer had to take.
Money is the means by which we communicate the value of a good. It is a language in which value is expressed. For the first currencies to be reliable, something that is still the basis of any monetary system: faith. So in order to secure it, there had to be an institution that survived the death of the ruler. This is how the state was created. Money is nothing more than a promise of payment. The reason a currency is accepted in transactions is trust. That's why the story is full of thousands of coins that just stopped existing at some point.
At first, when someone offered gold instead of payment bananas, the counterparty refused to accept it. He wanted bananas that were useful to him, not some shiny yellow stone that was not eaten. When, after many years, there was a belief that this yellow stone was valuable and could indeed be exchanged for bananas, he accepted it. When the first one offered a piece of paper, instead of gold, we had reactions again. They could not perceive it as money.
In this way, we passed from the bananas to the shells, to the seeds, to the gold, to the coins with stamps, to the paper and then to the plastic card. The next step could only be digital.
Money is not metal or paper. It has no inherent value. It is faith. It is engraved trust. Some have a nice artistic composition, with paintings and colors. It is not beauty that gives them value. Only through faith does a piece of paper become an object of value. It is the belief that if you give it to someone, they will exchange it for your shoes, clothes, food, services. Its intangible form is the greatest proof of its true nature. Less than 10% of the world 's money is in cash.
The system works as long as there is religious-type faith control. And who sets the boundaries of faith? The banking system, which functions as a church. The KT clergy has a commander who plays the role of Pope. Cardinal Conclave has the presidents of the banks, missionaries the bankers. Boredom, the senior staff of executives. Different orders of religious thought, such as the Orthodox, the Jesuits, etc., only in banking they are called monetarists, neo-Keynesians, etc.
People subconsciously recognize the religious nature of money. The fact that the abundant green papers with the dollar sign contain the phrase we believe in God (In God We Trust, not in gold), is a confirmation of their conscience. No one wonders or needs to explain why gold is precious. This is a concept that we have accepted as normal. A religious type of faith.
This course, the millennial mentality, is breaking with Bitcoin for the first time . Bitcoin not only challenges the prevailing ideology, but also disrupts the established hierarchy and power structure built around it. Its appearance changed the course of the history of money and banking. Forever. It is the first medium that does not need the existence of a principle. Neither the government, nor the banking institution, nor any kind of organization. Trust is built by its own members.
Making money is not a matter of resources or wealth. It's a matter of power: do you have the means to enforce laws and taxes? You also have the option of enforcing the currency. Money gains value as soon as the government forces us to pay our debts to the state. Even in our private transactions, we are not allowed to accept any debt to us if it concerns a currency that is officially circulating in the country.
"Money is everything," is an expression we often hear. On the other hand, we hear another expression, equally popular: "money does not bring happiness". One thing is for sure, however: Money makes the world go round. Money and profit are the driving force behind our world. In the religion of money, faith is based on greed. Money is a good servant but a bad master. It is liberating, a source of autonomy. He frees us from everything but himself.
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