Bitcoin Nashville 2024 and Zechariah's flying Scroll.
As I ghost the Bitcoin only Telegram and Discord groups after the historic announcements of RFK Junior and Donald J Trump I perceive mixed emotions among some OG Bitcoin maxi’s. They are mostly happy about the advancing adoption of Bitcoin this cycle but are cautiously disturbed and annoyed by the fact that governments and large institutions are perhaps embracing Bitcoin before individual people have sufficiently decentralised self custodial holdings.
I understand their concerns in this regard but do not share it. This article is an attempt to waylay those fears and hopefully bring a little bit of extra food for thought.
If you will humour me, I am going to quote more scripture. That is the theme of this account. Bitcoin and Biblical Prophecy.
Zechariah Chapter 5
1 : Then I (Zechariah) turned and raised my eyes, and saw there a flying scroll. 2 : And he (an angel dude) said to me “What do you see?” So I answered, “I see a flying scroll. It’s length is twenty cubits and its width ten cubits.” 3 : Then he said to me, “This is the curse that goes out over the face of the whole earth: ‘Every thief shall be expelled,’ according to this side of the scroll; and, ‘Every perjurer shall be expelled, ‘according to that side of it.” 4 : “I will send out the curse,” says the LORD of hosts; “It shall enter the house of the thief and the house of the one who swears falsely by My name. It shall remain in the midst of his house And consume it, with its timber and stones.”
Now I don’t know of any sensible explanations for this scripture other than my own conjecture and speculations. I am not particularly religious and disdain canon/institutional exposition of prophetic scripture because I am highly sceptical of their motives.
But I urge that you, dear reader, extract a little bit of wisdom from a weird and abstract piece of text. Even if it is a complete misinterpretation it is still a useful analogy.
Zechariah claims to see a flying scroll. A flying ledger or list. We all know that scrolls don’t fly and they most certainly do not cover the face of the whole earth. The fact that it is measured in twenty and ten cubits specifically is odd and maybe some numerology luminary can figure out why that is.
I just say it’s twenty one million Bitcoin. Or two hundred and ten thousand blocks. Or ten minute block rewards. Whatever. The blockchain through node runners do cover the face of the whole earth.
What is interesting as well is that this is equated to being a curse. We do not see Bitcoin as a curse? Do we? We see Bitcoin as a blessing rewarding honest men a fair wage for honest work. That does not define a curse.
Oh, but you are not a scammer, a terrorist an extortioner or a thief. Why do criminals prefer fiat cash to Bitcoin?
Because Bitcoin shines light on their activity. On a Bitcoin standard the thief is doomed to a slow death of impoverishment.
Who are they who swear falsely by His name? On the one dollar bill it famously states “IN GOD WE TRUST” Swearing falsely by the divine.
I call BS along with the rest of the Bitcoin community. In physics we trust. In code we trust. In mathematics we trust. In the unbreakable reality of the cosmos we trust. In the mind numbing comments of politicians and calculations of federal reserve bean counters we do not trust.
Politicians have a long history of deception and populations have a long history of not studying history. The Dollar bill LIES.
The governments of the world will embrace Bitcoin and to their own eventual demise.
The ledger will lie in the midst of their buildings and institutions and it will be a testament to their in-efficacious behaviour. The free-market will outperform every possible attempt at service delivery governments will to achieve. On a bitcoin standard their institutions will fall into disrepair because they cannot produce more than they consume through the very nature of their eternally corrupt institution. This counts for all governments. The people will self govern in a harmony that can only be described as utopian. (Compared to Marxist and Keynesian MMT systems) Eventually...
Bitcoin is a CURSE and a BLESSING. It FORCES you to take account of REALITY.
Institutions still cling to their delusions in a changing world and the havoc they will unleash to try and retain their incumbency is pathetic but inevitable.
Stay humble. Stack Sats. Buy out the time. Survive.
We are all Satoshi.
Zechariah Chapter 5
1 : Then I turned and raised my eyes, and saw there a flying scroll. 2 : And he said to me “What do you see?” So I answered, “I see a flying scroll. It’s length is twenty cubits and its width ten cubits.” 3 : Then he said to me, “This is the curse that goes out over the face of the whole earth: ‘Every thief shall be expelled,’ according to this side of the scroll; and, ‘Every perjurer shall be expelled, ‘according to that side of it.” 4 : “I will send out the curse,” says the LORD of hosts; “It shall enter the house of the thief and the house of the one who swears falsely by My name. It shall remain in the midst of his house And consume it, with its timber and stones.”