I don't see any other way of uniting such a diverse and scattered group of people than through the establishment of, let's say, a religious Order 2.625 and subsequently creating a quasi-state BTCatican. My academic advisor used to say that an idea represents only 5% of the implementation. However, I believe that Bitcoin on 95% consists of idea and just 5% the specific software implementation, mining, cryptocurrency exchanges, liquidity providers, futures, options, ETFs, speculators, investors, etc. It is the idea that generates progressive monetary systems; the idea materializes, lives, and will outlive us all.

Imagine what could possibly be common among the wealthiest person in the world, the President of El Salvador, owner of Telegram, a Ukrainian deputy, Bulgarian scammers, Albanian drug traffickers, a programmer, an American rapper, a PhD scientist, a world boxing champion, an heiress to a major hotel chain, a German entrepreneur, a prostitute, and others? Well, what can they have in common besides the idea(religion)?

Ну тем, что финансовая пирамида неустойчива. А история Ватикана насчитывает более полутора тысяч лет.

Но возьмем даже другой пример. Скажем Орден Тамплиеров положил основание всей современной банковской системе. Почему банки не являются пирамидой? Ведь банк или любоая локальная валюта - это и есть пирамида.

Достоинства же Bitcoin очевидны - он наднационален, как Христианство, язык или наука, он децентрализован, его предложение строго ограничено, он отлично защищен вычислительными мощностями майнеров...

Да, жить нужно в реальном Мире. И мыслить нужно рационально. Но 98% людей верят в воскрешение равина умершего более 2000 лет назад или в 72 девственницы ожидающих их в раю. Поэтому в Мире идиотов рациональным поведенеим для Top 0.1% является использование глупости 98% себе во благо, как это делали все религии в последние 2000 лет.

Let's look at this from a different angle.

You know, for example, the U.S. Congress is not very friendly towards Bitcoin. But let's consider the First Amendment: "Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances."

Well, it's all because the legal firms that cryptocurrency projects and exchanges in the U.S. approach are just regular scammers collecting hundreds of millions of dollars from these ignorant idiots without providing any concrete solution to legalize Bitcoin and establish rules for this market for U.S. citizens. Well, the lawyers of Order 2.625 (whom many of you may laugh at or not take seriously enough) have proposed a practical solution for legalizing Bitcoin in the U.S., citing the First Amendment to the U.S. Constitution. After all, Order 2.625, as the Decentralized Religious Organization Order 2.625 (DROO 2.625) represented by the North American Diocese (Eparchy) and the plebeians of the order, is nothing but a religious movement. Therefore, according to the Constitution, the U.S. Congress has no right to prohibit the plebeians of the Order from using Bitcoin, as Bitcoin is the ceremonial currency unit of the Order and serves as our religious symbol (similar to the kirpan of the Sikhs)

In this sense, Order 2.625 is grateful to all the previous religious movements in the U.S. (especially Protestants and Catholics) for creating this convenient loophole in the fundamental law of the state.

Do you still consider creating a religion an irrational strategy?

The Bitcoin market existed long before the first Bitcoin exchange and coinmarketcap emerged.

"Well, first of all, I didn't say that the free supply of Bitcoin would be zero. Let's assume the free supply will be one Bitcoin. Alternatively, the price of Bitcoin will be determined in the derivatives market. For instance, just like oil; it's not physically traded in barrels in the order book."

Creating a new internet protocol, let's say IPv6 or IPv8, is trillions of times simpler than synthesizing the sun and the earth. Yet, you stick to your IPv4 protocol, and you can't even understand why. Well, let me try to explain. Achieving network consensus among a group of ISP, which as I mentioned earlier is around one million today, is an incredibly challenging task, and that's why you still use IPv4 addresses. Another example of achieving consensus is the language you speak, the religion you believe in, and the monetary system you use. All of these are the result of human consensus, a foundation on which societies are built. In essence, my proposal is to add Bitcoin to this foundation.

You wouldn't be able to choose lead as money in the Roman Empire. Money or religion is never a matter of free choice. It is what society and the state impose on you.

Давайте рассмотрим первую поправку к Конституции США: "Конгресс не должен издавать законов, устанавливающих какую-либо религию или запрещающих ее свободное исповедание, ограничивающих свободу слова или печати или право народа мирно собираться и обращаться к правительству с петициями об удовлетворении жалоб."
Как вы все знаете, конгресс США несколько недружественно настроен по отношению к Bitcoin и криптовалютным биржам. Ну чтоже, все дело в том, что в юридических фирмах, к которым обращаются криптовалютные проекты и криптовалютные биржи США работают обычные прохвосты собирающие с этих невежественных идиотов сотни миллионов американских долларов и не предлагающие конкретного решения узаконить Bitcoin и установить правила этого рынка для граждан США. Ну что-же, юристы Ордена 2.625 (над которым многие из вас смеются или относятся недостаточно серьезно) предложили рабочее решение легализации Bitcoin в США ссылаясь на первую поправку к конституции США. Ведь Орден 2.625, как Децентрализованная Религиозная Организация Орден 2.625 (ДРОО 2.625) в лице Североамериканского Диоцеза (епархии) и плебеев ордена является ничем иным как религиозным течением, соответственно Конгресс США согласно конституции не имеет никакого права запрещать плебеям Ордена пользоваться Bitcoin, ведь Bitcoin является церемониальной денежной еденицей Ордена и является нашим религиозным символом (ну например как кирпан у сикхов)

И в этом смысле Орден 2.625 благодарен всем предшествующим религиозным течениям в США (в частности протестантам и католикам) создавшим для нас эту удобную лазейку в основном законе государства.

 

Bitcoin is not religion for sure. But...

Money is a symbiosis of information and faith.
To understand the nature of money, you need profound knowledge of mathematics (especially applied areas like "Game Theory") and equally deep knowledge of religious history. I won't burden the chat with mathematical formulas, so let's focus on the history of religions.

Many researchers believe that the concept of monotheism is relative, and this idea is a result of the gradual development from genotheism (a state of religious consciousness where individual deities lack specificity and stability, and each can replace all others) to monolatry (a system of beliefs based on the faith in multiple gods with one leading god).

Historically, it turned out that the most progressive religions on Earth are monotheistic - Christianity and Islam. This means a belief in one God (although He may be represented, for example, in three persons or more). One can defend a million useless PhD thesises explaining why it is so, but let's just accept this fact as an objective reality given to us through experience. My theory on this matter is that building temples for the entire pantheon of gods was much more costly than constructing uniform temples where everyone adheres to a unified ideology. This also provides a second advantage - monopoly on God (monotheism). It is easier for the state to govern monotheism than a group of scattered idiots believing in different deities, from Athena and Aphrodite to Zeus and beyond.

If we draw an analogy between faith and money, it is quite reasonable that humanity will eventually move from "polymonetarism" (multiple local currencies of scattered states) to "monomonetarism" (a unified "Ideal Money" not controlled by any state), and in some sense, this transition is inevitable. The advantages are obvious, as, for example, the Roman Empire (where Christianity became the main religion) no longer exists, but Christianity still does. Today, any money holds value only as long as the issuing state exists, and this is a significant problem for humanity (for instance, if you were born in the USSR).

Gold religion -> Fiat religion -> Bitcoin ...?
"Julius Caesar minted gold coins, at 1/40th of the Roman pound (about 8 g.).  The Roman monetary system was stabilized for three centuries, and inflation was eradicated."

So we need Bitcoin foundation or religious Order.

This could indeed be science fiction if 98% of people were rational. However, 98% of people are fools who believe in the resurrection of a rabbi who died over two thousand years ago or that 72 virgins await them in paradise. My idea is to create, let's say, a Bitcoin foundation or religious Order 2.625 exclusively for the Top 0.1% humans - that is, up to 8 million rational individuals who can exploit the stupidity of the 98% (just as all religions have done for the last 2000 years).

Если они перезапустят FTX с новыми владельцами - то это будет самая надежная биржа в Мире. Ведь эта биржа будет иметь покровителя в виде демократической партии США. А всех остальных ожидают трудности, ну возможно за исключением Bitfinex и Tether, ведь они эффективно позволяют финансировать правительство США через капитал дегенератов из стран третьего Мира.

Well, that's a valid point. However, your example with houses is not accurate - you can build as many houses as you want and wherever you want. A house depreciates and loses value over a distance of, say, 40 or 50 years or may require repairs.

The only assets with limited supply today are land and Bitcoin. And both land and Bitcoin have their advantages. For example, if a military conflict starts on your land, you may lose it or, at the very least, won't be able to use it.


With this statement, I also disagree. For example, let's consider the Internet network. Currently, all IPv4 addresses have their owners (~1 million (AS) owners over the World), and the cost of an IPv4 address exceeds $40, but people are not eager to adopt free IPv6 addresses. What do you think is the reason?

Why your Internet address is IPv4? https://whatismyipaddress.com/

Money is a symbiosis of information and faith.
To understand the nature of money, you need profound knowledge of mathematics (especially applied areas like "Game Theory") and equally deep knowledge of religious history. I won't burden the chat with mathematical formulas, so let's focus on the history of religions.

Many researchers believe that the concept of monotheism is relative, and this idea is a result of the gradual development from genotheism (a state of religious consciousness where individual deities lack specificity and stability, and each can replace all others) to monolatry (a system of beliefs based on the faith in multiple gods with one leading god).

Historically, it turned out that the most progressive religions on Earth are monotheistic - Christianity and Islam. This means a belief in one God (although He may be represented, for example, in three persons or more). One can defend a million useless dissertations explaining why it is so, but let's just accept this fact as an objective reality given to us through experience. My theory on this matter is that building temples for the entire pantheon of gods was much more costly than constructing uniform temples where everyone adheres to a unified ideology. This also provides a second advantage - monopoly on God (monotheism). It is easier for the state to govern monotheism than a group of scattered idiots believing in different deities, from Athena and Aphrodite to Zeus and beyond.

If we draw an analogy between faith and money, it is quite reasonable that humanity will eventually move from "polymonetarism" (multiple local currencies of scattered states) to "monomonetarism" (a unified "Ideal Money" not controlled by any state), and in some sense, this transition is inevitable. The advantages are obvious, as, for example, the Roman Empire (where Christianity became the main religion) no longer exists, but Christianity still does. Today, any money holds value only as long as the issuing state exists, and this is a significant problem for humanity (for instance, if you were born in the USSR).

So we need Bitcoin foundation or religious Order.

https://bitcointalk.org/index.php?topic=5460756.0

Куда я могу запостить эту тему на русском?

https://bitcointalk.org/index.php?topic=5460756.0

Well, first of all, I didn't say that the free supply of Bitcoin would be zero. Let's assume the free supply will be one Bitcoin. Alternatively, the price of Bitcoin will be determined in the derivatives market. For instance, just like oil; it's not physically traded in barrels in the order book.

There are more than 50 million dollar millionaires in the world

So, the bank will use the price of the last sell of a house in your area. However, this sale could have happened a month or six months ago. In other words, it will use the last market price.

The statement "if no one is selling, there is no market nor price" is not entirely accurate. While it is true that for any trade to occur, there needs to be a buyer and a seller, the absence of sellers alone does not necessarily mean there is no market or price for a particular asset.

In a hypothetical scenario where no one is currently selling a specific asset, but there are willing buyers, the market still exists, and the price would be determined by the last transaction that took place.

For example, you want to use your house for refinancing. How will the bank determine its price? After all, you haven't sold it.

In these market conditions, such a religious Order could potentially exert significant influence over the price, the market, and all cryptocurrency exchanges.

If in the world there are about 8 million people, each of whom will accumulate 2.625 Bitcoins in a cold wallet and never sell them, then the price of Bitcoin could skyrocket to infinity. These individuals, who have gone through natural selection and acquired 2.625 Bitcoins on the market, could unite, for example, in a religious Order, and gain the chance to change the world order. This trend is already emerging today. Pay attention to how more and more politicians and officials from different countries are being influenced by the idea of Bitcoin and becoming holders themselves.

You must understand that all liquidations of your margin positions, all losses in the market on shitcoins – these are necessary dues to become a plebeian. Then you must work diligently to accumulate 2.625 Bitcoins on the market, whatever the cost may be. When an army of approximately 8 million plebeians is assembled, you will always begin to win. By uniting in an army or an Order and following a common strategy and purpose, the plebeians' education, work experience, skills, religion, personal qualities, etc., will no longer matter. Only in this way can you defeat the selected elite with higher IQ, better education, more work experience, superior connections, and more capital than you... And you have no other choice; either join the army of plebeians or you and all your future generations will be slaves... Even if you change your names and surnames to the right ones, you will never be admitted to Yale, MIT, Berkeley, or Stanford, believe me. Our army of approximately 8 million plebeians will be invincible. Because you can't kill what is already dead.