Jesus' Coming Back

The Real Bitcoin Revolution

Critics of Bitcoin often portray it as a utopian fantasy disconnected from material reality — a digital escapist’s dream. Such characterizations echo early internet skepticism of the 1990s, when critics declared the internet a fad and questioned its real-world value. These assessments fundamentally misunderstand not only Bitcoin’s technological sophistication but, more importantly, its profound strategic implications for global cooperation and the financial inclusion and economic liberation that it can provide to billions of individuals. 

The Material Foundation and Evolution of Money

The relationship between Bitcoin and physical reality mirrors our existing financial system. Most modern wealth already exists primarily as digital database entries — from fiat currency to stock market trades to property records. The vast majority of U.S. dollars exist only as electronic ledger entries, with physical cash representing only about 10% of the money supply. Bitcoin doesn’t reject this reality but rather makes these systems more efficient and transparent while anchoring them to real-world resources through its proof-of-work mechanism.

As Bailey, Rettler, and Warmke argue in Resistance Money, money is a functional kind — defined by what it does rather than what it’s made of. Throughout history, humans have used various objects as money, from shells to precious metals to paper notes. Bitcoin brings something unprecedented to this progression by combining costly production (like gold) with digital possession and freedom from non-monetary uses. This evolution represents not a break from physical reality, but rather its natural progression in our increasingly digital world.

The materiality of Bitcoin extends through its inherent connection to thermodynamics — specifically, the conversion of energy into computational work. This process creates an immutable ledger that cannot be altered without expending real-world resources. The mining facilities themselves represent billions in capital investment, employing thousands of workers in roles ranging from electrical engineering to facility management. This physical infrastructure rivals traditional banking systems in scope and complexity. Moreover, with over 15,000 publicly accessible nodes spread across every continent (except Antarctica), Bitcoin represents one of the most geographically distributed computer networks in existence.

Security Through Deterrence: Beyond Fort Knox

Bitcoin’s security model can be understood through comparison with Fort Knox. Just as it is commonly believed that Fort Knox’s security guards have never had to stop a theft attempt, because their very presence deters such attempts. Bitcoin miners secure the network through deterrence. The network provides three distinct forms of security:

  1. Protection against counterfeiting through cryptographic verification
  2. Protection against false spending through private key control
  3. Protection against double-spending through proof-of-work mining

This tripartite security model differs markedly from traditional financial systems. While banks rely on trusted parties and legal frameworks to prevent fraud, Bitcoin achieves similar protections through mathematical certainty and thermodynamic constraints. Current data indicates that Bitcoin secures hundreds of billions in value with an annual security fee between 1% and 5% — comparable to traditional asset management fees but without requiring trusted intermediaries.

The SoftWar Thesis: A Revolutionary Framework for Power Projection

U.S. Space Force officer and engineer Jason Lowery presents a revolutionary framework that reframes Bitcoin’s significance far beyond monetary applications. His “SoftWar” thesis argues that Bitcoin represents humanity’s first non-lethal power projection capability — a way for societies to compete and establish dominance hierarchies without physical destruction. If he’s correct, then this has profound implications for international relations and national security:

The World Bank’s Global Findex Database 2021 reveals that 1.4 billion adults remain unbanked globally. Bitcoin’s design addresses several key barriers to financial inclusion identified in this research, from documentation requirements to distance from financial institutions to religious restrictions on traditional banking. Studies show significant Bitcoin adoption in countries experiencing currency crises or financial exclusion, with the highest adoption rates often occurring in regions with limited access to traditional banking services.

Bitcoin is revolutionary infrastructure for power projection and sound money — far from a mere digital fantasy. Understanding its true significance requires examining the deeper implications that emerge from its novel fusion of physics, economics, and computer science. Bitcoin’s security by mathematical proof of work represents a profound transformation in how societies compete for resources, enabling sovereign power projection without physical conflict, while simultaneously providing billions of people access to an incorruptible monetary system that preserves purchasing power and serves the unbanked. The network’s energy consumption is the necessary cost of securing both a unique form of peaceful competition and a superior form of money. The choice that is now laid out for us is not whether to blindly accept or reject Bitcoin, but whether we prefer a world where competition occurs through computational work rather than physical force, and where money serves humanity rather than the other way around.

Image: PickPik

American Thinker

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