Part One of The Bitcoin Sovereignty Series

So, you’ve swallowed the orange pill and now are falling down the Bitcoin rat hole with reckless abandon, discovering along the way how Bitcoin empowers property rights and challenges traditional systems.

Along the way of your Bitcoin journey, you will come across a variety of intriguing personalities. There are many things people will tell you about Bitcoin: it is digital gold, a store of value, digital scarcity, peer-to-peer currency, and proof of work, to name a few. Before we move any further, make sure to find the three layers of bitcoin security and learn to invest in the bitcoin currency in the most fantastic way possible.

We can own property, and how we protect our property rights defines the society we live in and our freedom to choose. Without control over essential things, we lose control of our future. Our options become limited, and we become poor. While freedom is an abstract idea, it becomes clearer when seen as ownership. Freedom means owning yourself, your choices, and your possessions.

Property rights allow us to put freedom into action daily. Your ability to travel, express yourself, and create things are examples of ownership over your body and mind. Bitcoin introduces a new form of property, granting unprecedented access to self-sovereignty and more robust rights protection than any previous type of property.

Bitcoin Is a Form of Digital Personal Property Rights

It wasn’t until the invention of Bitcoin that digital ownership became a possibility. What is the history of your searches? Google owns the domain name. What are your relationships with your friends? Facebook is the owner of this website. What are your thoughts? Twitter owns the site, and Twitter censors the content. The company PayPal, which was created to provide you with a free market in which you could buy, sell, and own goods, was found to have reserved the ability to ban you from their platform, seize all of your cash, and censor any transactions you made on their site.

No one cares for public restrooms, and they are typically nasty and unsanitary. On a micro level, a lack of personal property rights results in the use of a public toilet. You get the Berlin Wall because there are no property rights at the social level in this country.

Berlin was divided into two, almost as if it were a natural experiment in what occurs when you offer one set of people with solid ownership while leaving another group without such license. Today, Bitcoin empowers property rights in a way that transcends borders, offering individuals control regardless of their geography.

An Introduction to The Mystery of Missing Productivity Growth

It aids us in our efforts to unravel a mystery. Many predicted that the internet would bring tremendous affluence and considerably improve economic development by linking the world. Instead, we have experienced economic stagnation. Wages have stagnated, economic growth has stalled, and the country has become entirely dependent on money creation only to keep the country’s inflation rate over 0%.

For starters, we combined a 21st-century technology, the internet, with economic expertise that dates back to the Bronze Age, which is a significant part of the solution. The pharaohs have prospered while we have remained stagnant.

In its original meaning, Demos refers to the people, as in the Greek word for demos. Bitcoin is a technological innovation that defends the rights of individual internet users. It creates a unique global jurisdiction. Bitcoin grants borderless, permissionless property rights to all its censorship-resistant residents. It allows them to transact freely across international borders. Bitcoin is permissionless because it doesn’t rely on a pharaoh for support.

Human societies thrive when individuals are entrusted with such tangible property rights and are sure that the goods and services they make and trade willingly with others will stay on their own. With Bitcoin, a new form of digital ownership emerged, changing all of that. Bitcoin empowers property rights by allowing individuals to secure and manage their assets independently, without relying on traditional institutions.

Digital rights can be enforced by anybody, anywhere in the world, across borders, and without the use of violence. Individuals now can take control of their own life thanks to Bitcoin and other forms of digital currency. Bitcoin is an example of this new power. A unique and powerful Demos has emerged as a result of Bitcoin. It is a wealthy group of Bitcoiners who have banded together to rule a worldwide jurisdiction. Because of this, we have the chance and the obligation to build a new civilization based on the free collaboration of sovereign people across the world.