[...]
-- The Bible, the Vedic Samhitas and the Tao Te Ching
[...]
"Bitcoin is like the Old Testament God, in that it is a consequential god. There is no free lunch, nor ignorance of sin or error. You pay the price for mistakes, but if you heed them and adapt, you shall find that “God is good.”"https://bitcoinmagazine.com/culture/bitcoin-shows-you-not-tell-youTo put this as delicately as I can, with gross understatement:
It does not help with the “Bitcoin is a cult” meme.Yes,
I sometimes speak of Bitcoin in quasi-religious terms. I am clearly satirizing and spoofing the nocoiner criticism that “Bitcoin is a cult”. I am having fun: Ridiculing the nocoiner notion that I am in some sort of a cult, and also taking a self-deprecating comedic look at myself as a zealous Bitcoiner. If I couldn’t laugh about this, I think there would be something wrong with me.
This scribbler is serious.
The Bible, The Vedic Samhitas, The Tao Te Ching and all of the great written works of religion are methods of helping illuminate “the way.”
Linked, by the same author:
Bitcoin, Personality And Development Part Four — Bitcoin, Religion And Morality
Aleksandar Svetski
Jun 6, 2022
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We’re going to close this chapter out by reviewing Bitcoin’s relationship to religion, the Bible, and its semblance to Old Testament God through the reintroduction to economic consequence.
[...]
And is further echoed by Dr. Peterson in Chapter 4 of his book “12 Rules For Life”:
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Now here’s the mind-blowing part:
Bitcoin is a new form of religion (and thus chapter in human history) [...]
Some of his other propositions (not quoted here) seem to be plagiarism of things written by others—an inferior rip-off.
Much of the rest comes off as “pitching the woo”. It is repulsive to any rational thinker.
Once again, Bitcoin is a manifestation of faith. [...]
To believe that Bitcoin can win, is to have faith in the capacity for goodness to prevail. [...]
A belief in Bitcoin requires something more than empiricism. [...]
“You might start by not thinking — or, more accurately, but less trenchantly, by refusing to subjugate your faith to your current rationality, and its narrowness of view. This doesn’t mean ‘make yourself stupid.’ It means the opposite. It means instead that you must quit maneuvering and calculating and conniving and scheming and enforcing and demanding and avoiding and ignoring and punishing. It means you must place your old strategies aside. It means, instead, that you must pay attention, as you may never have paid attention before.”
If I gave a damn for this author’s opinion, I would dump BTC after reading that.As it is, I need to struggle with the damage that this sort of nonsense causes. I already have enough problems explaining to nocoiners,
and even to other Bitcoiners, why I am emotionally attached to money—why I mix idealism and passions with cut-and-dry business—why I sometimes knowingly make self-harming financial decisions that are economically irrational, in the game-theoretic sense of a “rational actor”.
And if I were to dump Bitcoin at $31k $30,500, and the bottom was already in - eh, you guessed it. ☠️
So, bearing in mind that I am not strictly rational about BTC in the sense of "an economically rational actor", what is the least-bad choice?
Heater, you were right. In retrospect, it came to pass that your advice, which I rejected, could have saved me significant BTC. Thank you for your time and thoughtfulness. Unfortunately, as I told Jay somewhere, I am not an "economically rational actor" about Bitcoin.