Part 3
Game Theory
9 min read
Something different is happening with Bitcoin. Something entirely new. Its creeping, contstant, unstoppable emergence is exposing the depth and the breadth of the change that is ahead of societies everywhere.
It’s a new species of money and capital.
It’s a new invention within economics.
A revolution in accounting.
It’s a breakthrough discovery in applied technology.
So, so few have seen Bitcoin for these things. Even those who may have heard these characterizations have dismissed it only to fall back to conventional thinking.
It’s just another investment with bubbles. It’s a risk-on asset. Its a risk-off asset. It’s not backed by anything. It doesn’t have intrinsic value.
The list goes on.
The most authentic, acceptable assessment you could hear from any rejector is simply, I don’t get it.
Bitcoin is going to shock even those who are seeing it as digital gold. It’s not just that. You’re falling WAY short of what’s going on here.
Bitcoin is in the very early stage of ingesting all the monetary premium of everything there is in the world, all the value that any object or idea can store beyond its utility value, is being absorbed into Bitcoin.
It's becoming money. No, not just currency. Money.
We haven’t seen this before. But it is most certainly happening now. It’s been happening since 2009. Now, it’s becoming easier to notice - and it’s accelerating.
We are going to have moments where this realization absolutely smashes us over the head. We’ve seen a few already. El Salvador, the ETFs. But as Bitcoin scales, the value transfer scales.
What will be just as shocking as Bitcoin increases, will be the value evaporation in assets society currently views as impenetrable. Office buildings… gone. Gold… gone. Stocks… gone. Houses… gone. Art... gone. Armies, navies and air forces... gone. Sovereign bonds… dog sh*t. Fiat currencies… get the f* out of here.
Right out from under you. Right before your eyes.
The game theory going on here is UNBELIEVABLE. Absolutely phenomenal.
The impact of what is occurring, and will be occurring, is unfathomable. Yet knowing it’s coming makes it among the most intriguing, contemplative topics of the last several generations. Watching this unfold is unlike any story we have ever seen.
The game theory side of this says that everyone has a move. We’re all in this game. Everyone is going to make their play, even if they don’t know it.
And the game, by the way, is for all the marbles.
So here it is...
There are two moves you can make in the game. Only two.
One is… get Bitcoin. As in, take custody of it and in doing so, transfer the value you own to this form of property. And then do that for all the value you are to come into contact with in the future. Whatever you decide are your utility needs are, go ahead and use up your fiat currency for that. This move is how your monetary energy can be conserved.
In other words, this is the winning move.
The other move… is to do nothing. Doing nothing is in itself a move because you are continuing to commit your current and future value to the fiat economic system. And in this game, that’s the system being drained. It is going to zero against Bitcoin.
Therefore, we’ll just call this the losing move.
We get to see everyone discover, in real time, that they’re in the game. The amazing realization for all of us is that there was never a choice of whether or not to play.
But here’s the most stunning realization of them all…
the actual choice we ALL end up having is whether we want to win the game, or not. THAT'S the choice. Its the most phenomenal realization in my Bitcoin journey so far. And there have been many.
That choice to win is not packaged up very neatly. It’s not at all obvious, but it grows increasingly so.
The winning proposition of Bitcoin is instinctive, but it's nothing like the experience we have all been born into and have participated in until now.
It's the opposite actually. The exact opposite.
You have to think about this deeply. You have to shine as bright a light you have at it and approach it as clear-eyed as you can.
The game inside the game is energy.
A great deal of the work one is to do to fully grasp Bitcoin is to know the layers of connection points it has with energy. From electricity all the way through the biological energy you expend as power. You're builing a foundational understanding of our societal quest to save and spend the energy we get in return for creating value... for doing work.
We're talking about the mathematics of work and energy.
It means there’s an inevitability to all of this.
You can use energy. Capture it. Move it. Harness it. Refine it. All kinds of manipulations. But you can’t destroy it and you can’t create it.
Yes its true this has been the case with energy forever so if you’re wondering why we got ourselves into this current worldwide socio-economic disaster-zone, there’s an answer.
And that is we all use a money which has been disconnected from energy.
Bitcoin’s inevitability is rooted in its foundation in energy. In other words it's a system built on rules embedded in nature. In physics. So there are no managers, no governors and no rulers in the way, attempting to interpret events. That means we can know precisely what the system is, how it works and precisely what it will do in the future.
So why is this a game theory and not just a physics lesson and engineering story?
Well, it is most certainly an incredible physics and engineering story.
But we’re dealing with people. Humans. We’re watching an adoption phase that’s revealing those that understand what’s wrong and how Bitcoin is the solution – and those that have yet to understand.
It’s back to that choice to win. There’s some who have made the choice already and some are putting it off. Or they just don’t yet know they have the choice. In the end we all win. But some will have a lot more difficulty than others on the way to their victory.
Now here’s the thing. No one has to lose here. Or even delay their win. It’s all about choice. It ALL comes down to this and it’s happening right now. Right in front of us.
Isn’t it a zero sum game? We’re talking about money, after all.
The unlikely answer is no.
No, because it’s a transformation to an entirely new monetary and societal system. Whatever value anyone has in the current system can be moved to bitcoin. Anyone’s future earnings and value can be stored in bitcoin just the same.
The number of coins is capped. The value they can hold is limitless.
It’s why everyone wins. And that’s just the beginning of the winning.
The game theroy is just unreal. If you think this is an incredible phenomenon to watch and to hear about, then you really need to try becoming an active participant.
Think about it this way… Nothing stops this train. Nothing. You can try standing in front of it. Or you can accept the invitation to get on.
The analogies are endless. So here’s another one.
The theatre is on fire. There are five exits. One is called AI & equities. One is called Sovereign bonds. One is called gold. One is called real-estate. And one is called bitcoin. Now, the thing is, only one of them will open. The rest of them are broken and wont move. I’ll let you pick the one to try.
More? Alright.
There’s a hole in the boat. The government is taxing you in the name of raising revenue to fund itself in order to get buckets to bail water out of the boat. Meanwhile they don’t actually need your tax money for that. They have access to a giant pump that will print money to get what they need. That will empty out the boat no problem. To hell with the bucket's, taxes are just a story to keep people blinded, controlled and duped into obeying their laws. They're telling you this is what keeps the boat afloat and moving. The problem is the hole is still there. And whenever they run the pump, it mysteriously puts another hole in the boat. We call all those additional holes “inflation”. The government says as long as the holes remain under a certain size their pump will work, don't worry. You can call that hole size their “2% inflation target”. Okay fine. But then every once in a while the water in the boat gets deep enough to drown a couple of the people that don't swim that well. You can think of that when you hear about people going bankrupt, going homeless, going hungry and breaking completely with society. Meanwhile a few of the people that were bailing out the water with buckets are dead. In other words, no longer paying taxes. And so it goes. A continuous process of taking on more water than can't be bailed out. Go out and find a ship captain to ask how that's going to end up.
The government can't help you.
It's been more than one hundred years since they could have even thought about helping you. It's because their debt doesn’t matter. It’s never getting paid back. Never. They know it. Now you need to know it. This ship is going down because they’ll keep poking holes in it. All while they tell you to keep bailing water, making your tax payments and buying stuff at inflating prices.
You want to survive this? Without becoming one of the government parasites yourself?
You have to jump the ship and get to the lifeboat. You'll know which one to go to because there's only one. Not everyone knows it yet but if you pay attention and take a real close look across the water, you'll see.
The lifeboat is becoming the ship. And that ship’s name is Bitcoin.