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@ Meditations of a Bitcoiner
2025-04-06 23:56:52You say, “Bitcoin has no intrinsic value.”
But brother, I say to you—nothing does.
❧
Gold, wheat, steel, water, art—
none possess value in themselves.
A thing is not valuable.
A person finds value in a thing.
❧
Value is not a substance.
It is not discovered in the dirt,
nor stamped into metal.
It is born in the mind
of the one who chooses,
who compares,
who prefers.
❧
This is the truth they will not teach you.
Because once you know it,
you cannot be controlled.
❧
To say value is “intrinsic”
is to say it is knowable, measurable,
assignable from above.
And if it can be known,
then it can be fixed.
And if it can be fixed,
then the planners will fix it.
And if the planners fix it,
freedom dies.
❧
Only subjective value
lets prices breathe.
Only subjective value
lets the game go on,
as tastes shift,
as time moves,
as each man finds joy in what others overlook.
❧
It is this truth
that makes room for artists,
for inventors,
for those with strange passions
and quiet genius.
❧
And Bitcoin—
it breaks the frame.
It’s not a commodity.
It’s not a company.
It’s not backed by force.
❧
So they say,
“It has no value.”
❧
And we reply,
“No—you place no value on it.
But others do.
And the market has spoken.”
❧
Transparent. Scarce. Borderless. Unstoppable.
Valued by those who need it most.
Valued by those who understand it best.
❧
It rises not because it was declared valuable,
but because someone, somewhere
was willing to trade for it.
❧
And so the price rose.
And so the signal spread.
And so the economy moved,
as it always has,
not by decree,
but by the ever-motivated
force of desire.
❧
You don’t have to value Bitcoin.
But you do have to accept this:
All value exists only and entirely
in the mind of the economizing human.
You say, “Bitcoin has no intrinsic value.”But brother, I say to you—nothing does.
❧
Gold, wheat, steel, water, art—
none possess value in themselves.
A thing is not valuable.
A person finds value in a thing.
❧
Value is not a substance.
It is not discovered in the dirt,
nor stamped into metal.
It is born in the mind
of the one who chooses,
who compares,
who prefers.
❧
This is the truth they will not teach you.
Because once you know it,
you cannot be controlled.
❧
To say value is “intrinsic”
is to say it is knowable, measurable,
assignable from above.
And if it can be known,
then it can be fixed.
And if it can be fixed,
then the planners will fix it.
And if the planners fix it,
freedom dies.
❧
Only subjective value
lets prices breathe.
Only subjective value
lets the game go on,
as tastes shift,
as time moves,
as each man finds joy in what others overlook.
❧
It is this truth
that makes room for artists,
for inventors,
for those with strange passions
and quiet genius.
❧
And Bitcoin—
it breaks the frame.
It’s not a commodity.
It’s not a company.
It’s not backed by force.
❧
So they say,
“It has no value.”
❧
And we reply,
“No—you place no value on it.
But others do.
And the market has spoken.”
❧
Transparent. Scarce. Borderless. Unstoppable.
Valued by those who need it most.
Valued by those who understand it best.
❧
It rises not because it was declared valuable,
but because someone, somewhere
was willing to trade for it.
❧
And so the price rose.
And so the signal spread.
And so the economy moved,
as it always has,
not by decree,
but by the ever-motivated
force of desire.
❧
You don’t have to value Bitcoin.
But you do have to accept this:
All value exists only and entirely
in the mind of the economizing human.