Damus

Recent Notes

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X. Final Declaration

Democracy teaches people to demand.
Bitcoin teaches people to earn.

Fiat rewards proximity to power.
Bitcoin rewards patience and discipline.

Democracy accelerates decay.
Bitcoin reverses it.

Hard money creates low time preference.
Low time preference creates civilization.

This is not a protest.
This is not a movement.
This is an exit.

And exits don’t ask permission.

#bitcoin
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IX. Toward a Natural Order

The endgame is not monarchy.
The endgame is not democracy.

The endgame is a natural order:
• private property everywhere,
• voluntary institutions,
• competitive law and defense,
• hard money at the base layer.

Bitcoin is not the whole system —
but it is the keystone.

Without sound money, nothing else holds. #bitcoin
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VIII. Property, Not Politics, Creates Order

Order emerges from:
• private property,
• voluntary exchange,
• contract,
• responsibility.

Politics replaces order with coercion.
Voting replaces ethics with numbers.
Redistribution replaces justice with envy.

Bitcoin re-centers society on ownership.

You cannot vote Bitcoin into submission.
You cannot inflate it.
You cannot moralize it away. #bitcoin
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VII. Bitcoin Is Exit, Not Reform

Democracy cannot be fixed.
Fiat cannot be disciplined.
The state cannot restrain itself.

Bitcoin does not try to reform the system.
It routes around it.

It allows individuals to:
• opt out of monetary debasement,
• store value outside political reach,
• transact without centralized approval,
• reclaim responsibility for their future.

Bitcoin is peaceful secession. #bitcoin
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VI. Bitcoin Lowers Time Preference

Bitcoin does what no policy ever could:
It makes saving rational again.

Under Bitcoin:
• inflation is impossible,
• debt is expensive,
• long-term thinking is rewarded.

Bitcoin shifts incentives away from looting and toward building.

It does not ask permission.
It does not vote.
It does not compromise.

It simply enforces math. #bitcoin
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V. Hard Money Is a Moral Technology

Hard money enforces truth.

It says:
• you must save before you spend,
• you must produce before you consume,
• you cannot steal silently via inflation.

Gold once played this role.
Bitcoin now does — better.

Bitcoin is:
• scarce by rule, not decree,
• permissionless,
• non-confiscatable (if properly held),
• immune to political manipulation.

Bitcoin restores economic reality. #bitcoin
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IV. Fiat Money Is Democracy’s Lifeblood

Fiat money is not a mistake.
It is democracy’s enabling technology.

Inflation allows:
• spending without taxation,
• war without savings,
• welfare without productivity,
• corruption without visibility.

Fiat dissolves accountability.
It rewards the politically connected and punishes the prudent.

Without fiat money, modern democracy as we know it cannot exist. #bitcoin
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III. Democracy Institutionalizes High Time Preference

Democracy is not “rule by the people.”
It is public ownership of the state, which means nobody owns it — and everyone is incentivized to loot it.

Democratic politicians:
• do not own the capital they control,
• do not pay for their mistakes,
• do not face long-term consequences.

They maximize present consumption, push costs into the future, and call it “public policy.”

Democracy is short-termism encoded into law. #bitcoin
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II. Money Is the Engine of Time Preference

Money is not neutral.
Money programs behavior.
• Hard money rewards saving, planning, and responsibility.
• Soft money rewards debt, speculation, consumption, and moral hazard.

A society using hard money trends toward civilization.
A society using inflationary money trends toward collapse.

Debasement has always preceded decline — Rome, Weimar, the modern welfare state. The pattern is universal. #bitcoin