What The Bitcoin Revolution Can Learn From The American Revolution
They were living within a mindset, a paradigm– that the British could not be defeated.It took Samuel Adams and others over a decade to change the mindset of sufficient people in the Colonies so that the American Revolution became possible.The American Revolution started with a concept simply as the bitcoin transformation began with an idea.The tale of Samuel Adam and the American Revolution shows that Bitcoiners can break through Americas common understanding that the Federal Reserve cartels government-controlled fiat money is the only money system that can be trusted.The sparkle of the style of Bitcoin has actually shown its resilience over its 13-year lifespan, but bitcoin as sound money requires to evolve further so that it ends up being more than somebodys get-rich-quick scheme.A study of 1,000 Americans discovered that 62% of cryptocurrency investors believe theyll get rich. In the film, Gekko goes on to state that greed will conserve the, “malfunctioning corporation called the U.S.A.” Evaluate for yourself how much greed has actually improved America in the 35 years considering that this movie.Most individuals do not want to think about the money system itself, but when they think about the cash in their pocket, they live in fear that they will not have adequate cash to comfortably live out their life. Money is a crucial social system, and, like all social systems, it should be judged by the results it produces.As Jeff Booth recommends, the dominance of cash as a social system can be shown since cash has historically surpassed the law with the laws constantly changing over time to prefer cash. It is time to take that next evolutionary journey into a sound money system that stimulates reasonable regional trade, societal wellness and environmental sustainability.Americas blind spot about the cash system is a direct outcome of our living under an out-of-date psychological construct, a paradigm, a story about cash that is outdated and that needs to progress. How do we articulate the new sound money paradigm?The 2nd part of this essay will check out concepts about a brand-new sound cash story, call it a sound money paradigm-shifter, that can speed the evolution of the vibrant Bitcoin Economy we all understand is somewhere invisibly over the horizon.
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This is an opinion editorial by Frank Nuessle, previously a T.V. executive, university professor and publishing entrepreneur.This is the seldom informed story of Samuel Adams, and how he ended up being a “paradigm-buster,” although he d never ever heard of a paradigm.Most people only know Samuel Adams as a Boston beer or as the cousin of the well-known John Adams who ended up being the second President of the U.S. in 1797. Samuel Adams was an overall failure until middle life, when at the age of 41, he continued to become, as Thomas Jefferson described him as, “truly the guy of the Revolution.”Image source: Massmoments.orgOn a wet night in the winter of 1770 in a Boston Tavern where regional farmers gathered, Samuel Adams showed his political, paradigm-bending genius. It was there that he argued effectively that Britain would soon start to tax horses, cows and sheep and that it was much better to rebel quicker instead of later.Starting in the mid-1760s, Adams began railing versus British Imperial overreach. In 1768, two routines of British soldiers debarked in Boston Harbor. This occupation offered Adams the moral high ground.Adams began promoting every bad move of the British soldiers, both imaginary and genuine. Quickly women and children started to mock the British occupiers blasting them with all the abusive language they could muster. Stress mounted.On the evening of March 5, 1770, Boston was a tinderbox with armed British soldiers in assembly and a rowdy Boston crowd of over a thousand screaming profanities at the British. Tempers flared. Chaos reigned as the soldiers leveled their guns.When the smoke cleared, five men lay dead with many more wounded.Image sourceAlthough Samuel was no orator, on March 6, he gave dignity, morale authority and consistency to his argument that nothing would bring back Boston to purchase however the instant removal of the British troops.Within months, the British soldiers were gone.That the British pulled back provided hope and an ethical foundation to the evolving American Revolution which culminated with the British defeat by exhaustion in 1783. Samuel Adams produced the story of the Boston massacre with his rhetoric, his logic and his deeply held idealism, which led him to becoming one of the first to advocate for American independence.Image source: Boston.comYou might say that he replaced the general public perception that the British Empire might not be beat with the possibility of American independence.I would argue that Samuel Adams was Americas first marketing genius, the very first to seize and form the popular American imagination.Adams understood that individuals are governed more by their sensations than by reason; yet with strenuous logic, he pulled at Americas emotions and opened the Colonies to the possibility of American independence.The idea of American independence spread because it was a paradigm buster whose time had come. A paradigm, as I define it, is an internally coherent system of thought, a story, that results in useful insights but that is also just half ideal due to the fact that it discovers it tough to leave its own presumptions. The idea of a paradigm was formulated by the thinker Thomas Kuhn in 1970 and has become a fundamental idea.Up to the 1770s the colonists believed that the British Empire was too effective to challenge, and that they would be better off acquiescing to British rule. They were living within a mindset, a paradigm– that the British might not be defeated.It took Samuel Adams and others over a years to alter the mindset of adequate people in the Colonies so that the American Revolution became possible.The American Revolution started with an idea simply as the bitcoin revolution began with an idea.The tale of Samuel Adam and the American Revolution shows that Bitcoiners can break through Americas common understanding that the Federal Reserve cartels government-controlled fiat cash is the only money system that can be trusted.The brilliance of the style of Bitcoin has proven its strength over its 13-year lifespan, but bitcoin as sound money needs to evolve further so that it becomes more than someones get-rich-quick scheme.A survey of 1,000 Americans found that 62% of cryptocurrency investors think theyll get rich. That is not enough.There is absolutely nothing wrong with wanting to be affluent. I definitely hope that bitcoin helps to secure my monetary freedom, yet my nuance is a different, and I believe, a more profound goal than simply getting abundant. Getting abundant is the rallying cry of the current oligarchic, “take-make-waste,” economic paradigm. America has actually been living this get-rich paradigm under steroids given that Gordon Gekko, played by Michael Douglas in the 1987 film, “Wall Street,” proclaims that “Greed is excellent.” In the motion picture, Gekko goes on to state that greed will conserve the, “malfunctioning corporation called the U.S.A.” Evaluate on your own how much greed has enhanced America in the 35 years because this movie.Most individuals do not want to consider the cash system itself, however when they consider the cash in their pocket, they reside in fear that they will not have sufficient cash to easily live out their life. I understand that fear and have discovered myself insolvent twice.Because our current paradigm about money drives fear while also being rife with greed, deceptiveness and get-rich-quick plans, we are left with a seriously deteriorating American society. Under a psychological paradigm where greed rules, there is never ever enough.As Robert Breedlove brilliantly explains in his introduction to D.C. Schindlers book on Plato, “Force and fiat are shown to be incompatible with human reason, and therefore generative of a collapse into relativism … where anyones “fact” is just as credible as the threat of force backing it.” Does not this seem an excellent description of America pulling itself apart today?Have you ever considered the possibility that our money system itself could be creating the worry and the social isolation that many Americans suffer? Cash is an important social system, and, like all social systems, it should be evaluated by the results it produces.As Jeff Booth suggests, the supremacy of cash as a social system can be shown since cash has actually historically trumped the law with the laws always altering in time to favor cash. This is not a healthy outcome.I am convinced that a sound money bitcoin economy that stimulates fair trade will change everything.Civilization began because of reasonable trade. It is time to take that next evolutionary journey into a sound money system that stimulates fair regional trade, social well-being and environmental sustainability.Americas blind area about the cash system is a direct result of our living under an outdated mental construct, a paradigm, a story about cash that is obsoleted which needs to develop. However first, we each should acknowledge that to some degree, each of us are living under and are influenced by this existing fiat cash paradigm that drives both worry and greed in us.It is time to move up the evolutionary ladder and develop a more sophisticated worldview now that we understand the limits of our planet; limitations that the existing money paradigm does not acknowledge. The existing business sustainability trend called environmental, social and governance (ESG) is just lipstick on the pig. To combat the present fiat money paradigm is useless if we can not offer a motivating alternative.That indicates we require a new paradigm, a new story, a new way of taking a look at cash– one that serves the entire, and not just the small self. Bitcoin is the technological innovation of this revolution. However what is the social innovation? It needs to begin with a brand-new story. How do we articulate the brand-new sound money paradigm?The second part of this essay will check out ideas about a brand-new sound cash story, call it a sound cash paradigm-shifter, that can speed the evolution of the vibrant Bitcoin Economy we all know is someplace undetectably over the horizon. This is a visitor post by Frank Nuessle. Opinions expressed are completely their own and do not always reflect those of BTC Inc or Bitcoin Magazine.
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