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“Bitcoin outwits stupidity, arrogance, ineptitude, laziness and greed. For individuals seeking sovereignty, there is no other alternative
–Paul Ebeling
There is a lot of history when examining Independence Day. Some historians might reference the 1940s, or the 4th of July being recognized as a federal holiday; maybe BBQs or fireworks would find their way into the conversations.
A military historian might dive into the American Revolution, 1776, the Continental Congress or the original 13 Colonies as an excellent place to begin boring their grandchildren.
Bitcoin authors have also explored this topic from a variety of perspectives.
Below is my approach, as follows:
An aspect that many forget is that only a small, fringe minority sought complete and sovereign independence from Great Britain in Y 1775. The colonists who believed that “America” should be independent of Great Britain were considered a radical group that deviated from the norm. The masses took comfort, even in tyranny.
Thomas Paine’s “Common Sense” onboarded many more colonists to take up arms as distrust and anger grew against Great Britain.
Mr. Paine’s work has similarities to Satoshi Nakamoto’s white paper on Bitcoin. Both documents sought to expose issues in the current status quo and proposed an alternative solution.
Imagine if no governmental interference, no bailouts, no safety nets, no welfare, no subsidies and no “free” rides were the norm. I believe that if a census took place today, many Americans would err on the side of tyranny Vs sovereignty, as they did in the late 1700s.
Bitcoin’s proof-of-work model mirrors the American spirit; even beyond generational hope, Bitcoin represents American grit. Bitcoin rewards hard work, because it was born of hard work, time, energy and sacrifice. Bitcoin is determination, because it was founded on an alternative to the status quo. Bitcoin mirrors Independence Day in a profound manner.
Bitcoin outwits stupidity, arrogance, ineptitude, laziness and greed. For individuals seeking sovereignty, there is no other alternative.
Yes, the 4th of July is a federal holiday where families gather, break bread and enjoy time together; however, the meaning is lost if, even for a brief moment, time is not dedicated to remembering the significance and sacrifices made on your behalf.
When people identify their family’s Financial Independence Day, they should celebrate just as much as they would when they honor this country on the 4th of July. The significance of Independence Day is that individuals can OWN property; and there is no better property to own than one that is completely non-confiscatable by any entity.
Perhaps, if you have not taken custody of your bitcoin, maybe this 4th of July is a great day to start.
Happy 4th of July, and a tip of the hat to sovereign individuals with satoshis and Bitcoin in cold storage with our firm. Click here
Have a prosperous independence holiday, Keep the Faith!
