Bitcoiners support all forms of sound money. This isn't a battle between Metals and Bitcoin, it's a battle between all forms of fiat and all forms of Sound Money.
I just ordered some of the new Idaho Goldbacks, killer designs with Lady Justice and Sacagawea!
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For the first time I read the Apology of Socrates this last week, in the middle of it the following statement stood out to me:
"What do they say? Something of this sort: That Socrates is a doer of evil, and corruptor of the youth, and he does not believe in the gods of the state"
The gods of the state.
What is a "god of the state" exactly. Are not the gods worthy of being placed on circulating coinage? They were in ancient Rome, the coins of the Republic featured the faces of the Pantheon of Rome. When the Republic fell to Julius Caesar, he was the first to have his face on his coin while he was still alive. That evokes power.
But the emperor's of Rome did not want it to seem like the city was conquered, but liberated. They wanted the people to believe "Rome" survived a troublesome time, just under new leadership.
They kept making coins, but with their faces on them instead of the Pantheon. Functionally declaring themselves gods. This is where we get the term "God-Emperor", because the emperor's declared themselves living gods.
The empire over time developed into a religious theocracy under the Catholic religion, having originally started out as a Republic it transitioned into a God-Emperor theocracy it became a religious dictatorship where the emperor was the head of the Church. Instead of a god, he was closest to God. This still evokes power.
Eventually though, the collapse of the government was also the collapse of the coinage as everytime the government couldn't pay it's bills it dipped into the savings of it's people by reducing the silver content/value of the coins as they were issued.
The coinage of the United States started out very much the same, honoring only the Pantheon of America. Namely Lady Liberty, who ruled along side Lady Justice in the courts of law. The only things that mattered to Americans, being "Liberty and Justice for all". Opposite Lady Liberty on our coins was the majestic eagle in the seal of our country and our original non-theocratic motto "E Pluribus Unum" (Out of many, One) proudly displayed on the coin. To show we were united in Liberty, even though we were all independent states.
But over time the dominant form of the dollar changed, and instead of Lady Liberty being on the front as was always the case on our Constitutional Silver and Gold Dollars, our paper dollars instead featured the gods of the state. Namely the God-Emperor presidents, and the paper dollars became so popular they eventually became dominant and the US Mint switched to dead presidents on it's coinage as well. After replacing the Liberty herself with dead men, it replaced the guardian of Liberty - Gold/Silver - with copper and paper.
Our coinage is how we do business, a dead coinage is a dead government. As the dollar is slowly replaced by digital versions of it, such as "Bitcoin-backed dollars" (apps paying dollar denominated bills with pure Satoshis over the lightning network), the government slowly becomes the slowest issuer of new exchangeable value to the market and they start to lose influence and power as they cannot control the Bitcoin network.
We are already on the path to freeing the world from the fiat yoke, it's a mathematical certainty that (with the halving and a stable or rising hashrate) Bitcoin grows in value exponentially over the next hundred years. Within a decade it will likely eclipse or have already eclipsed all the combined value of every other currency on earth. It wins because it makes the other issuers of value antiques, it makes them irrelevant and ignored, and everyone is perceived to suddenly be exposed to higher quality forms of money (Bitcoin and free market precious metal moneys) and their honest depiction of costs changing over time.
Observe the world with an attitude of wonder and pity, as the transition slowly happens over the next few years there will likely be bumpy patches where it will be very rough, but whatever happens we're already off the fiat death spiral train and growing more stable all the time.
It's going to be interesting watching it all happen with y'all #nostr. I look forward to it. 🫡
