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BITCOINISM: Using a Peer-to-Peer Electronic Cash System
By TNP 07 Jan, 2020
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. “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 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.
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