This is opinion editor Frank Nuessle, formerly a television executive, university professor and publishing entrepreneur.
This is the second part of an essay that explores the lessons to be learned from how Samuel Adams built the American Revolution and how the same framework can accelerate the evolution of a vibrant American bitcoin economy. You can find the first part here.
Since the United States has the most to lose from the future collapse of the US petro-dollar system, the main purpose of my research and conversation is to attempt to answer the question: “What is the design of the social system that allows the viral growth of the US petro-dollar system?” will give The bitcoin economy in the US? The story of the American bitcoin economy is critical to the viral growth of a healthy monetary economy.
I believe that Samuel Adams destroyed the “divine right of kings” paradigm with his framework, just as bitcoin must destroy the “divine right of fiat money” paradigm to be successful.
It is important for us to understand the frame of mind of the average European and American colonist in the 1760s. In Western civilization at that time, the king was essentially a god and had to be worshipped. The divine right of kings paradigm captured the human imagination and ruled Europe for 500 years.
In Europe at that time, the Spanish Empire, the British Empire, and the French Empire, among other smaller empires, each had their own king. This explains why Europe is in a perpetual state of war. How many divine kings can one world have?
Adams destroyed this paradigm because he understood that America’s struggle for independence was above all a spiritual struggle. He believed that self-government and freedom were paramount to self-government, and that the essential qualities were respect for all men, integrity, rigor, and selfless service to society.
How might Samuel Adams’ portrayal of America’s struggle for independence serve to break America’s current grip on the divine right of fiat money?
Just as Adams was able to instill high standards of respect for all and service to the community in the struggle for American independence, bitcoiners must find new ways to instill values into money.
A successful American bitcoin economy will embed social values into money and foster participatory social structures that foster place-based communities and local economic structures along with a culture of reciprocity and mutual aid.
I propose that we call this new paradigm a “divine right to community,” where money serves the whole and not the other way around. Money is only a tool and should not be put on a pedestal.
Dee Hock, founder of VISA, envisioned such a community when he wrote, “The organization of the future will be the embodiment of a community of common purpose that calls people to higher aspirations.”
In 1968, Hock was president of a small bank outside Seattle when Bank of America took over a failing credit card company that had been franchised. Within three years, he founded VISA, reviving the fledgling credit card industry that was failing at the time. VISA became the largest commercial enterprise on Earth.
In his 1999 book, The Birth of the Khaordic Age, Hoke wrote: “The possibility of a restoration of individuality, freedom, community, and ethics like the world before, and the restoration of harmony with nature and with each other, and with the divine intelligence that the world has always dreamed of, has never been known. “
The challenge to fulfilling Hawke’s vision is that we all unknowingly still live outside the paradigm left to us by the robber barons: Finance capital is the holiest of all. This scarcity mentality is also a major obstacle to convincing Bitcoin skeptics.
A direct attack on a skeptic’s beliefs only reinforces his fear and resistance. Something deeper must change. As change agents for Bitcoin, we need to address this deeper issue, this wound at the heart of the fiat money paradigm and the scarcity it creates.
Like all living things, paradigms have a lifespan. As the fiat money paradigm aged, serious cracks began to appear.
My late friend Joseph Chilton Pierce said, “A miracle is the name we give to the crack that allows light to shine through a greater, brighter reality.” This crack not only tells us that a greater reality is coming soon, but that it is more than you can imagine. It is both a vision and a promise.
The Bitcoin Revolution begins when we allow ourselves to imagine a different economy, a different world. Bitcoiners should offer an invitation to that bigger, better world.
Just as Samuel Adams was able to spark the American Revolution with his paradigm-shattering vision of freedom, Bitcoin miracle workers can do the same for a world of sound money.
This is a guest post by Frank Nuessle. The views expressed are entirely their own and do not necessarily reflect the views of BTC Inc or Bitcoin Magazine.