Robert Breedlove

28 Jan, 16 tweets, 6 min read

A thread summarizing "Sovereignism Part 1: Digital Creative Destruction"

My 12-part essay series explores the digital disruption of the nation-state and the subsequent amplification of individual sovereignty during the digital age.

swanbitcoin.com/sovereignism-p…

Let's dive in ⬇️

Statism is a system of socioeconomic organization which originated in the Industrial Age. Statism includes all state implementations of capitalism, communism, fascism, and all other state ‑isms; it does not refer to these ideologies in any pure sense.

Statist implementations arose in the 20th century, when the only known mode of sustainable human organization was a top-down, centrally controlled nation-state.

In the 21st century, digitization is devouring every inefficient technological implementation: from media and dating, to advertising and travel. In the sphere of statism, digital tools are antiquating analog nation-states by radically empowering individuals.

20th century capitalism triumphing over communism is the classic Schumpterian process of “creative destruction,” where innovation obsoletes older and less energy efficient tools and systems, liberating energy for allocation to other aims.

Tools are systems are similar. As a socioeconomic system, capitalism allocates energy more intelligently than communism. Organizational wellbeing is maximized when individual sovereignty is prioritized. Capitalism did this well, but was hampered by state intervention.

Stopping the allocation of human energy into “management of” (more accurately, politicking over the power to manage) the money supply, mankind liberates his energies to construct more robust socioeconomic structures on the unshakable foundation of immutable money.

Bitcoin is a momentous monetary innovation enabling a new mode of non-nation-state human organization, a “purified” form of capitalism free of nation-state interference and deserving of its own neologism—sovereignism.

Even more deeply rooted in free market principles than statist capitalism, sovereignism promises to be an unrivaled allocator of energy toward the higher satisfaction of human wants.

As an intrinsically more adaptive, fluid, and volitional system for allocating socioeconomic energy across spacetime, Bitcoin-enabled sovereignism outcompetes the closed-source, analog, and compulsory organization of nation-states.

Societies adhering to organizational principles consistent with sovereignism (broad industrial privatization, debureaucratization, consensual taxation, Bitcoin, etc.) will generate more wealth than the command-and-control economies of more rigid nation-states...

...and attract more citizens. More competitive jurisdictions mean less tolerance for bureaucratic wastefulness, and more wealth generation. As citizens wake up to this new reality, the modern obsession with state politics will fade into a relic of a bygone era.

Sovereignists who rise to the occasion will no doubt be tested, as nation-states will fight back in an attempt to retain their traditional powers over populations. As The Sovereign Individual describes it:

Although this transition may seem alarming and potentially chaotic, the end-game of sovereignism is an explosion of wealth and a commensurate human flourishing in the wake of nation-state dissolution.

Self-organizing digital organizations—like #Bitcoin—stand to become the greatest testaments to Schumpterian creative destruction known to history. In the age of sovereignism, mankind will shed dependence on the nation-state and reclaim individual power.

Read "Sovereignism Part 1: Creative Digital Destruction" at the link below.

Thank you: @SwanBitcoin @Bquittem @CitizenBitcoin @dergigi @BVBTC @skwp @ReedWommack #Bitcoin

swanbitcoin.com/sovereignism-p…

• • •

Missing some Tweet in this thread? You can try to force a refresh

This Thread may be Removed Anytime!

Twitter may remove this content at anytime! Save it as PDF for later use!

More from @Breedlove22

Robert Breedlove

@Breedlove22

23 Jan

Every law, every social norm, every civil liberty, every human right, every culture: the authority and longevity of socioeconomic order itself is shaped by the one true (meaning, free market selected) sovereignty system active in the world today—gold.

Gold remains the singular dominant money in the world. In the unregulated geopolitical sphere, nation-states go to war over it, fund war with it, and the victors write new laws.

Gold is the call option on all human creativity past and present, since it lays claim to all savings in society. Gold is absolute power.

All socioeconomic systems we think have power are really just derivatives of this ancient golden reservoir of sovereignty.

Read 5 tweets

Robert Breedlove

@Breedlove22

3 Nov 20

A quick thread walking through some of my latest piece "Our Most Brilliant Idea" where I explore the nature of ideas, their generative source, and (of course) #Bitcoin

swanbitcoin.com/our-most-brill…

Ideas are the origins of everything we say, do, or make. The purpose of any economy is to generate and share useful ideas through free trade (to achieve what economists call the division of labor or knowledge specialization).

Resultant knowledge encodes the patterns of action we use to etch our imaginations into the world around us. Winning ideas are chosen by the market, only to be widely distributed as material riches, finer manners and morals, and more profound art.

Read 14 tweets

Robert Breedlove

@Breedlove22

29 Oct 20

MMT is a lie. #Bitcoin is the truth.

An honest thread about a dishonest thread from @StephanieKelton

https://twitter.com/StephanieKelton/status/1321180774675238912?s=20

A deficit occurs when any organization—a family, a company, or a government—generates expenses that exceeds its revenues.

Most call this a "net loss," but for governments it is typically called a deficit.

But how can the US government continually spend more than it earns?

Simple: the US government can print more US dollars ("points" as she calls them) to cover its deficit.

US dollars (and all fiat currencies) are simply a claim on the savings of society—redemption certificates for the goods, services, and knowledge generated by productive people.

Read 12 tweets

Robert Breedlove

@Breedlove22

5 Jul 20

1/22. In the spirit of independence day weekend, I just published my latest writing: “Masters and Slaves of Money" where we explore why central banking is an institution of time-theft and #Bitcoin is a weapon for peace.

medium.com/@breedlove22/m…

2. In 1776, the US declared its independence from England. For years, the decentralized state network resisted the implementation of a central bank, knowing the evils it had caused in eras past. Today with Bitcoin, people globally are declaring their independence from The Fed.

3. Money is a tool for trading human time. Central banks, the modern-era masters of money, wield this tool as a weapon to steal time and inflict wealth inequality. History shows us that the corruption of monetary systems leads to moral decay, social collapse, and slavery.

Read 26 tweets

Robert Breedlove

@Breedlove22

27 May 20

When fiat currency dies, conditions tend toward deflation first (since money becomes more valuable when uncertainty looms), before becoming increasingly inflationary and, finally, hyperinflationary. #Bitcoin was purpose-built for this.

A thread on my current macro view on USD:

Economic uncertainty is extremely high. Market participants are stashing dollars to self-insure against this uncertainty. Consumers are delaying discretionary and major purchases.

This behavior further constricts economic activity in a consumer-driven society, leading to more economic fallout, more uncertainty, and so on recursively. Policy responses are increasingly uncertain (so much so that the charts are broken temporarily):

Read 28 tweets

Robert Breedlove

@Breedlove22

2 May 20

Many people have asked me to share the notes from my appearance on the @APompliano podcast where we discussed "An Open Letter to @RayDalio re: #Bitcoin"

This thread is a distillation of those notes, let's begin⏬

medium.com/@breedlove22/a…

Everything we say, do, or make starts out as an idea. The purpose of the world economy is to generate and share useful ideas through trade. As we trade, our ideas become better, giving everything we say, do, or make more specialized qualities

Consider how our transportation technologies have gone from wagons, to automobiles, to airplanes. In trade, everything is valued at some ratio of everything else. For instance, this car might be worth 132 chairs, or this house worth 11 cars.

Read 113 tweets