Bitcoiners organize themselves to their most organic state with a level of freedom that could only have been dreamt of until now.
“How do you think the Romans kicked everyone’s ass, for nearly a thousand years?”
-Michael Saylor, “The Saylor Series” Episode Five
Bitcoin shall experience an organizational renaissance not yet seen in the space. As we approach new levels of adoption and usage, we will naturally form groups, categories and units. The structure of our operations and expansion will, of course, be decentralized in origin. But while these organizational pieces will be inherently “institutional,” the actual effect they have on the network will not be restrictive. They won’t limit or control the Bitcoin network, as many of the current financial institutions act as chokepoints and limited-access custodians.
Rather, these groups will only bolster the strength of the network, as they are formed out of economic incentive and natural market forces, rather than politics, as so much of the current financial system is. They will represent a diversity of people natural to an open-source, unbiased computer program.
In a Bitcoin world, decisions are not made on the basis of who you know or where you come from, but on what you know and how you got here.
“When they put their petty differences aside… they beat everybody else.”
-Michael Saylor, “The Saylor Series”
I don’t see too many petty differences in the Bitcoin community. Some would argue the opposite, but I think taking a broader perspective will present one with a well-communicated, intricately-interconnected network. What appear as memes and meta-jokes can be interpreted as a social group operating on the language of the internet; the recent events surrounding GameStop demonstrate the efficacy of this. No longer do these comedic representations of life exist only on the fringe of reality, but as mainstream communicative media.
The organization of Bitcoin will happen at a financial-institution level, all the way down to a personal-household level. In regards to such a large paradigm shift, one can expect to experience a reorganization of every aspect of society. Just consider how society right now orients itself around money; now imagine the entire fabric and identity of that money having been absolutely changed. It is difficult to conceive of the nature of the changes, but it would be reasonable to expect them to be large.
The most interesting aspect about Bitcoiners is that, unlike the Romans, a state need not organize us. We simply organize ourselves, as economically directed, to our most organic state. Where we find our niche and skills, we find economic reward, and in a society founded upon sound money, this reward compels further pursuit of passion. Freedom on this level could only have been dreamt of by Libertarians past — the Founding Fathers themselves could not have foreseen it.
How lucky we are to experience it. And what a wondrous reward: the scarcest money ever known to man. The price of a bitcoin is misleading — the value of Bitcoin the network is entirely unknowable. As anyone who understands Bitcoin may simply tell you, it is the value of everything.
Having such a coveted reward in front of us, we should feel a desire and necessity to organize. It will bolster the network’s defenses, foster community and promote growth and excellence within the space.
When I first encountered Bitcoin in my early teenage years, there was naught but a fringe community of internet forums surrounding it. It wasn’t until an entire community had been built, creating the social fabric of a network that was necessary to draw more attraction and attention to it, that I would begin to find interest in Bitcoin. You see, much like many other things in this world, formulation of groups and coalescing of peoples attracts more people. We naturally are compelled to join what others deemed interesting enough to examine.
So, it is of the utmost importance that we continue to grow our organizational networks, as well as polish these organizations into intriguing and intellectually stimulating harbors of knowledge.
Indeed, Bitcoin is better shared with others.
This is a guest post by Casey. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.