Bitcoin has mathematical rules and no human rulers.
In Bitcoin 0=0 and 1=1, always.
Fiat has human rulers, and no mathematical rules.
The fiat human rulers can break math rules and make 0=1, anytime they want.
If you haven’t yet read it, all 9 pages, please do yourself a favor and do so. Read it forwards and backwards. Highlight it with different color highlighters. Pause and reread every paragraph and every equation. Engage and argue with it. Truly try to understand it.
This masterpiece breakthrough paper is the most beautiful and elegant mathematical writing ever written by anyone. Nothing comes close to it.
Titled, “Bitcoin: A Peer-to-Peer Electronic Cash System,” was written under the pseudonym Satoshi Nakamoto, and first published on October 31, 2008.
We are so lucky to have been born during this time of Bitcoin.
“Chancellor on brink of second bailout for banks”
That’s the historic headline from The Times of London on January 3, 2009,
which Satoshi Nakamoto famously embedded into the code of the Bitcoin Genesis Block.
This phrase served as a timestamp,
highlighting the Ponzi scheme fraud of the satanic fiat financial system,
and the need for a decentralized, math-governed, code-enforced, open-source software protocol, energy-bound, proof-of-work, peer-to-peer, holistic, sound money alternative.
Math showed me the way.
It’s the infinite usury scam. It’s creating currency out of nothing. It’s incepting the currency through debt by a monopolistic banking cartel. It’s charging everyone (people and even government) usury interest on said currency created out of nothing. It’s using this loot to gain ill gotten influence. It’s causing endless crises, pandemics, and wars to perpetuate the “out of nothing” money printing debt Ponzi scam. It’s stealing from everyone by debasing the currency. It’s the Cantillon Effect. It’s the constant theft from every worker to the parasites close to the money printer, from the poor to the rich. It’s treating everyone else as sub-human cattle.
It started with shaving gold coins. Then fraudulent fractional reserve paper gold receipts (paper receipts beyond the gold at hand). Then totally fiat currency.
The world never had sound money in everyone’s self custody to save and transact in a peer-to-peer, permissionless, sovereign way on a global scale.
Gold was sound money in local small societies. But gold couldn’t keep up with the telegraph and global markets. Gold couldn’t do fast final settlement over the telegraph. Gold failed and needed paper certificates and middlemen to custody and send and clear.
But with such “middleman” power, any middleman would get tempted and corrupted. It’s only human nature. Good and evil in the heart of every one of us mortal men.
The world has had broken money all along. Infinite usury is satanic. Middlemen got ill gotten satanic influence and did satanic evils through it.
Christ flipped the money changers tables, whipped the usurious evil doers. There is a lesson and a role model in Christ for everyone.
Now that we finally have sound money, Bitcoin, possible in everyone’s self custody to save and transact freely without parasitic middlemen, we finally have satanic-proof sound money.
The world finally now has sound money that is finally fair and honest for the entire planet.
No more satanic money.
It’s just math.
Knut Svanholm
An economy built on unlimited fiat dollars incepted out of debt, with nothing of value to back them, is inherently a Ponzi scheme.
Such a system is mathematically not a free market, not even a capitalist system, but rather a Bolshevik theft and control system where a few satanic men get the exclusive power of printing “money” out of nothing scamming everyone else who has to work for it. It is mathematically invalid.
A moral man would see through the fiat scam, not be lured by its evil. A moral man would opt out of the fiat system altogether. A moral man would humbly migrate 100% of his life and energy and time and wealth into an honest, mathematically valid, sound money Bitcoin system.
Sound money, in everyone’s self custody, is divine.
You can self-custody, save in, transact with, and measure in sound money.
You can rely on math, code, and energy through a decentralized open-source protocol which you run on a node yourself in your own home.
No fiat currencies needed.
No fiat currency scammers needed.
No satanic fiat money changers needed. No parasitic fiat middlemen needed.
No fiat banks needed.
No fiat bankers needed.
No fiat central banks needed.
No fiat central bankers needed.
No central planning needed.
No central planners needed.
No fiat money charlatan priests needed.
No politicians needed.
No fiat money printer needed.
No zombie companies needed.
No Cantillon Effect needed.
No currency debasement needed.
No capital flight, nor price controls needed.
No bailouts, nor bail-ins, needed.
Humble yourself and Study Bitcoin. Do your own research. Make sense of it. Think independently. Read books. Listen to podcasts. Evaluate different points of view. Run thought experiments. Discuss and exchange ideas with others. Attend Bitcoin Meetups, online and in person. Visit businesses that accept Bitcoin. Do the math. Prove it, or disprove it, to yourself.
Meanwhile, let me tell you that
humanity has just made the immense breakthrough discovery of peer-to-peer electronic cash. That cannot be undone.
Bitcoin is not going away. Bitcoin is winning, not asking for permission, not needing your approval, and repricing the whole world with an immutable block every 10 minutes.
Bitcoin will be all the money in the world, and the only money in the world.
Infinity over 21 million.
Your future bloodline will consider you a moral and intellectual failure, rightly so, if Bitcoin came in your life, and you didn’t study it.
The Lydian Lion coin is considered the world’s first true sound coin,
minted in Lydia (modern-day Turkey) around 610–560 BC,
likely during King Alyattes’ reign.
Made of electrum, a natural gold-silver alloy, these coins featured a lion’s head, representing Lydian royalty.
They established the first standardized, government-backed currency system.
Bitcoin is the world's first true sound money.