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BITCOINISM: Using a Peer-to-Peer Electronic Cash System

TNP • Jan 07, 2020

“It's very attractive to the libertarian viewpoint if we can explain it properly. I'm better with code than with words though.”
- Satoshi Nakamoto

Satoshi Nakamoto titled his Whitepaper Bitcoin: A Peer-to-Peer Electronic Cash System. Within that Whitepaper Satoshi explained his creation of a decentralized immutable ledger technology in the form of blockchain, open source digital code, that operates as monetary system called Bitcoin. Based in honesty and integrity, where all members of the network that act in a positive manner towards the network (miners, investors, HODLers, educators, full nodes, etc.) get rewarded from that code design. We can call that Bitcoinism. Bitcoinism is a new political and cultural landscape through the use of a monetary system that is the foundation for a civilization to operate in an honest and integral way towards itself and get rewarded by that same system for doing so, just like in the code design of the digital cash this new monetary system is operating with, Bitcoin because of Bitcoin and with Bitcoin. That is Bitcoinism.
 
The killer application for Bitcoin is Bitcoin itself, the benefits will appear once it starts to be used as it was intended. Even though there are many options and ways to use and gain from the advantages of Bitcoin, using it as a peer-to-peer digital cash system will unlock the true potential of the Bitcoin network. The borderless global decentralization with limited supply, are the key to this advantage, promoting innovation, collaboration and global growth.
 
How to create digital money with no central authority that can’t be forged and could be trusted, is the main question that Bitcoin answers, laying the foundation down for a new global decentralized monetary system without the need for trust to operate. That is Bitcoinism.
 
Competition has been shifted to the support and growth of the whole as opposed to the independent success of the individual, which will be the by-product of the new innovations that will be created with Bitcoin as the network of this new monetary system grows. It is in Bitcoins code design. The fluctuations of the market price will not matter if we are using the Bitcoin network. People can move Bitcoins around efficiently, passing Bitcoin to other Bitcoin users for goods and services, using it to build businesses and streams of income, all operating within the Bitcoin network with Bitcoin as the currency. Bitcoin is a global money share network. That is Bitcoinism.

 


Our current system will always be around and the Bitcoin decentralized network can be integrated into our current system. The current system is too big to fail, the two systems can exist together and prosper. Allowing the individual to be the one responsible for their own monetary system. Bitcoin is money for the people. It’s a completely new technology and we need to treat it like that and consider the new ways to operate and how to best use Bitcoin for the collective benefit. Bitcoin, will reward everyone involved in the network. Even owning only One Satoshi is benefiting the network. Using it as such, is the philosophy behind the Bitcoin network. That is Bitcoinism. There is a two-sided network effect in action. Businesses attract users and users attract businesses. Bitcoin and Bitcoinism is nothing more than a two-sided network effect. By building, growing, and acting in an integral way towards growing the Bitcoin network, all members of the network will benefit and so the cycle continues. From growth of the network, creating more innovation, to the benefit for the network and vice versa. That is Bitcoinism.
 
Through Bitcoinism, it is possible policies will be made to regulate the use of Bitcoin in favour of the Bitcoin network, just like lobbyists and corporations fund political parties now and lead in the direction of policy and regulation making with those funds. The global decentralized network of Bitcoin will allow the individual to be in control of their own monetary system through the purchase and use of Bitcoin and operating in the Bitcoin network, putting back the control of power to the whole, as intended but the current system continues to fail on at no fault but its own. We are able to vote with our money now, just like the corporations and large lobby groups in the current political system with their donations. Bitcoin needs to be used for this to happen. All the infostructure is there to be put into practice and implemented for any current business or individual to use. Once we begin to use Bitcoin, we’ll begin leading the economy and taking back control of the direction of our society together as it moves forward growing the Bitcoin network as a whole. When we take back control of our finances, we take back control of our systems and the policies made to enforce those systems. Bitcoinism will be a leader in the direction of our new economy, based in Bitcoin as the voting mechanism and monetary system at the same time. Binding people together in the foundation of the globally decentralized Bitcoin network and evolving us into the unknown future of possibility and innovation. That is Bitcoinism. 




LEARN BITCOIN + BUY BITCOIN + USE BITCOIN = VOTE BITCOINISM



 
The current monetary system has had their thumb on all of us through its centralized inflationary structure. Like the saying goes “follow the money.” This time is no different. When we do follow the money, we learn about the Gold Standard and its removal being one of the major reasons for our current systems demise. More importantly and often over looked, is the creation of The Federal Reserve, and the Central Banks around the world, privatizing and centralizing the worlds monetary systems. It didn’t take the Central Banks long to screw things up and cause a couple of economic depressions. These depressions really only helped a few and those few learned how to manage the inflationary FIAT monetary system even better after that. Using those lessons the centrally controlled monetary systems continued on for the next 80 years, taking us to now, and after a couple more small mistakes, these central banks have tightened up regulations and control of the monetary system even more to maintain the status quo. We are now hanging on by a thread, covering up major monetary wounds in the systems with band aid after band aid, still not addressing the major issues that have put us in the situation we are in on a global scale. Money is backed by nothing, Central Banks can print an infinite supply, devaluing it more and more each time and the players at the top receive the most benefit. That still might not change, but the lower portion of that pyramid now has a way to break free as well. Being motivated by more than money, vote for bitcoin, learn about it, buy it, and grow it in the Bitcoin network by using it too. Exchange goods and services for Bitcoin. The price of it will climb as the network grows, scarcity does that and we can operate in the Bitcoin network, using Bitcoin the whole time as our medium of exchange. The growth potential is massive for anyone involved in the Bitcoin network at any time. It has the potential to improve our power industry, being on the search for cleaner, cheaper, more efficient energy sources to power the miners and keeping them profitable. There’s the potential to integrate with and operate collectively with our current global political and economic systems, as Bitcoin is both of those combined in one being a global peer-to-peer digital cash system with political and cultural benefits and effects rooted in the monetary system that Bitcoin is. The true potential is vast and unknown until the Bitcoin network is used fully, unveiling the possibilities as they unfold. That is Bitcoinism. 

 
“Bitcoin is backed by the protocol of its open source code.”
   - The Network Protocol 


Everything is based in it, funding politicians with corporations and lobbyist donations, policy and regulations are made. By simply supporting sound money backed by its scarcity, that is in the design of Bitcoins open source code, we can all truly break free into a collective collaboration of innovation and growth. By using the Bitcoin network, voting for Bitcoinism, we take back control of our finance, we learn more about the management of our finance, we take care of our individual finances, putting power back into the hands of the individual, by the individual, for the individual, benefiting the whole. The need to print more money, which in turn devalues it, will no longer be necessary. Through supply and demand with the set supply of Bitcoin, its volatility may always be up and that is not an issue, if we allow the price to set itself and move as the market moves, operating in that system structure will become the new norm. The network grows through votes for Bitcoinism, which is the buying and use of Bitcoin. Votes are purchased with our current FIAT money and using it is as simple as accepting Bitcoin as a retailer or provider of goods and services, and on the other side consumers paying for those same goods and services use Bitcoin. Building the trust in the Bitcoin networks operations, as Bitcoin network grows with its limited supply, the price of Bitcoin goes up, opposed to down like our current system with no ceiling on supply and can be printed as needed constantly devaluing the currencies supply, with examples as recently as the Federal Reserve injecting 128 billion into the current monetary system in a couple days during Sept of 2019. Members of the Bitcoin network benefit as the network grows through the open source code design and the finite supply of 21,000,000 Bitcoin. That is Bitcoinism. 
 
 
There has been nothing like the Bitcoin network before, within the math of the Bitcoin open source code and global network reach that the decentralized Bitcoin network has, the signs of absolute success for all people can be seen. Innovation, collaboration and cooperation built as the foundation of the global decentralized monetary system that rewards its network for acting in an honest and integral way towards the network, it is Bitcoin, the Bitcoin network and the system is Bitcoinism. We don’t know for certain where Bitcoin will take us, but we know it will be something different and new for everyone. The reward on a global scale can be enormous if the Bitcoin network is used. Greed can be left behind, and by voting for Bitcoinism we take back control of our finances and Bitcoin will increase in value for us taking on that responsibility as shares for its limited supply create a larger demand. We no longer have to fight neck and neck for financial success, it will come to us all for being a part of the Bitcoin network, or at least that’s what it shows in the math and consensus mechanism of Bitcoin. We know what our current systems has done for us as a whole and as individuals and what it can’t do for us. The most potential for true change and growth is in Bitcoinsm and the use of the Bitcoin network. There is a shift that will happen and each individual will be a part of it by looking at finances in a slightly different way, learning how to manage them and then taking back control of our finances and reaping all the benefits from that little shift. What that looks like we only get to find out if we literally buy in. We vote for Bitcoinsim by buying Bitcoin, being a part of the network and using Bitcoin. If we’re using it we’re in the network and will benefit from the growth from being a part of the Bitcoin network through its protocol. The possibilities are endless. We can take the lead in policy and regulation, with taking back control of our finances and no longer be dictated by the larger corporations and lobby groups. We’ll be able to lead the economy in a decentralized manner and help layout the landscape of the monetary ecosystem to involve and benefit everyone participating in it more than ever before. With a small shift in the way we look at money, being open to the possibilities a new monetary system can provide and taking responsibility for our own finances, there is no telling where the Bitcoin network will take us. This is not a religion, it is a culture, a way of operating, a political movement and new way of life that everyone makes on their own. That is Bitcoinism.
Bitcoins Network is global and with that there will be many different points of view and beliefs but as long as anyone is operating within the Bitcoin network we will all be together on one common ground…taking back control of our finances. Decentralizing our monetary system by taking control out of the hands of a few and spreading it across the globe to the individual. The perceived separation will exist, but a common goal will join everyone involved and operating in the Bitcoin network. Bringing together humanity like never before in a system that rewards us for being a part of it. Any malicious attack against Bitcoin is thwarted and is exposed in a system that thrives on and is designed for everyone to act in an honest, integral way towards that network. The truth lies in the immutability of the ledger created by Nakamoto. Holding with it the solidarity of the Bitcoin network and the individuals involved in it. That is Bitcoinism.
 
We can’t deny the investment potential of Bitcoin, but using it for solely that purpose cuts out a large portion of the population and limits the capabilities of the Bitcoin network and Bitcoins possible use cases. The capacity for scalability is there, the infostructure has been built and we can now use it as a day to day, peer-to-peer, digital cash system, that at the same time, has investment and business use potential built into it. The Bitcoin network is already building second and third layer functionality, the innovation and creation for a more efficient and thrustless network will continue to grow, advancing and strengthening the Bitcoin network. Buying, HODLing and operating in Bitcoin network, the same way we do with our FIAT cash, but with a twist. Bitcoin increases in value. That shouldn’t be a reason not to use Bitcoin on a day to day basis and operate in that type of monetary system. Moving around a little in and out of trusted wallets, starting small and getting the hang of how to use Bitcoin, building knowledge and an understanding of how the Bitcoin network operates through the use of the Bitcoin network itself, seeing what Bitcoin can do and what the Bitcoin network offers its users. Where a global decentralized monetary system will take us is unknown, but it will be different, it will benefit the user of the network, on many levels, and as a by-product, influence and inspire new innovation and growth for civilization to maximize cost savings and efficiencies for all the technology used in the operation of this new global monetary system. Taking us all to new heights, in many new ways. That is Bitcoinism.
 
It’s a slight shift in our thinking about the money we use on a day to day basis. We’re okay to use money that devalues each day because of its infinite supply and we operate in spite of that with the current monetary system. But when it comes to Bitcoin, its viewed more as an investment or store of value and is held onto for those reasons. While Bitcoin are those things, it is also the soundest form of money. Bitcoins true use case is as a peer-to-peer digital cash system, that as the network grows everyone in the network benefits. Bitcoinism is that shift in our thinking, by allowing ourselves to operate in a monetary system that is designed to increase in value and trade that value for goods and services. Bitcoin is all three, investment, store of value and medium of exchange. As long as we’re operating in the Bitcoin network and using Bitcoin for the exchange of goods and services, we will always benefit from the increase in Bitcoins price. The same as today with FIAT cash, we lose by being a part of the network and operating in its monetary system of inflation and its infinite supply. This is another factor and benefit of Bitcoin and what we are voting for on a decentralized global level when learning, purchasing, using and operating within the Bitcoin network. That is Bitcoinism. 
There’s a point in time when value isn’t the only thing we’re trying to consume. What about the proper process and design? What about a system that is created so it can eliminate the competition to beat down another altogether and instead turn it around to compete in benefiting the whole, through the actions of the individual for the whole? A system built on growth, honesty and integrity. One that lifts up everyone involved and operating in it. What about letting value come second to the individual, let our qualities of life precede the value instead of trying to get value to have a good quality of life? Bitcoin allows for that in its code and that is what in lies the philosophy of Bitcoinism. Using Bitcoin and accepting Bitcoin. When Bitcoin is used it’s a cycle unto itself, the more people that accept Bitcoin, the more people will spend Bitcoin and on and on. The most important use case for Bitcoin, its success and for the many benefits of the Bitcoin users to experience depend on it. That is Bitcoinism.
It’s time we start putting the horses before the carriage and stop pushing a rope. Money and value will become secondary, they’ll become the wake of the cultural and political benefits of the Bitcoin network. Allowing the global culture to evolve into creation opposed to consumption, with the Bitcoin network, as a whole, reaping the benefits. 
Bitcoin has a guaranteed and predictable governance. Bringing consistency and structure to our monetary system, offering stability and consistency to our cultures. The design is an immutable open source code that is operated by the network of its own design. It is safe to say money is primarily used for a medium exchange. Bitcoin easily offers a solution to that, with the entire network benefitting from its use all together, along with the cultural and political landscape it is being used in benefitting like never before. When money is centralized and one authority or group is controlling that centralized establishment, they dictate the direction and use of that money, as well as the culture and political systems operating in that centralized system. But in a decentralized system, where the individual has the power of the money they hold, they have the power that dictates the direction and use of that money, and its cultural and political direction. Giving back the power to the people. That is Bitcoinism.
 



Everyone takes turns getting the short end of the stick when it comes to politics. The economic efficiencies in government are horrendous no matter who is in power. The fact of the matter is, we need to raise corporate and/or individual taxes and cut funding to programs or cut programs all together to always to keep up with the devaluation of our currency. It’s a vicious cycle. A constant “keep our head above water” game where we can’t stop from going under. This vicious cycle will always be happening as long as our monetary system is FIAT based. Follow the money. Bitcoin, is the currency of the people. That is Bitcoinism.
Bitcoin can easily be integrated into today’s monetary system. We already operate in a digital era, the Bitcoin network integrates seamlessly into any necessary system; taxes, billing, payroll, expenses, it is already in place to be used and will only improve over time. Best part is the open source, decentralization with no third party needed to facilitate transactions besides the parties involved, the global network will do what’s best for the global network. “To be productive to society” – The Bitcoin Standard. A true new way of operating for the betterment of civilization. That is what Bitcoinism is all about. Growing, innovating in the name of the Bitcoin network anyway possible, is what we all can do, growing the network through giving to the network which in turn benefits the entire Bitcoin network. That is Bitcoinism. 

The fact that we have never experienced anything like Bitcoin before is partially the reason for slow adoption, which has only benefited the Bitcoin network to give it time to work out its bugs and build a firm foundation of protocols. We are dealing with a limited supply of resource that can be used as a peer-to-peer cash system. Once we truly understand the possibilities of operating in such a cash system, we will truly be able to create and experience them. Living Bitcoinism. 
Bitcoin, is limited in supply, so it will always increase in demand as long as the network continues to grow. It favors an individual in that network to hold onto, save, HODL, the ownership of some portion of that supply. In this case it’s a portion of Bitcoins, which in turn makes it increase in price. We can let go of trying to have all the money from how the systems of today acts and what their conditioning on us has done. Today’s cash system is inflationary, a dollar today is worth more than a dollar tomorrow. That makes us want to have all the dollars, we need all the dollars because they decrease in value overtime. We need dollars to make more dollars, so other dollars can make more dollars because they decrease in value overtime. It’s a vicious repetitive cycle. Interest rates maintain some of the value in that dollar, postponing its decrease in value by protecting it with a percentage to cover the value lost overtime because the value of a dollar decreases overtime. There is an infinite supply, that is what induces the decrease in value. At any time, the centralized authority overseeing that currency, all FIAT currency countries, can inject any amount of cash into the system any time it chooses, versus a system where there is a set amount of cash in the system and that value increases overtime because of its limited supply. What are the possibilities of living in a monetary system that’s money increases in value over time? When holding onto our cash, and by only holding onto our cash, it increases in value, as long as the network grows and time passes. The current system is devaluing at the same time on its own, making the value for the Bitcoin network increase, even if the numbers of the Bitcoin network stay the same because the dollar decreases in value over time. Using Bitcoin as a measurement of the stability of our current monetary systems value. We can use Bitcoin as a means of honest savings, HODLing it, for the spending and purchasing of goods and services. Making Bitcoin a triple threat investment as a medium of exchange that is a store of value which increases in value overtime on its own. Once that true potential is tapped into, only then will we see the results of what this peer-to-peer electronic cash system called Bitcoin can really do! What those results are and where they take us individually, culturally and politically is a product of Bitcoinism. We can all be our own version of Satoshi Nakamoto, creating and building the Bitcoin network in our own way that benefits the Bitcoin network as a whole and everyone involved in the Bitcoin network. That is Bitcoinism. 

Learn, Buy, Use Bitcoin… Bitcoinism 
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