MAXIMALLY PATIENT
For decades, libertarians tried sweet reason.
Rothbard, Hayek, Mises.
Milton Friedman and Ron Paul.
End the Fed, they said.
Road to Serfdom, they said.
But it all fell on deaf ears.
Even as the printer brrred.
Because the practicalities weren't there.
Why would central banks give up their money?
Why would giant states give up their power?
Ironically, libertarians got beat by money and guns!
No incentives better than a central bank's money.
No security better than a giant state's guns.
Then came Satoshi, and Bitcoin.
Which turned all that theory into practice.
It solved the incentive problem...
better than a central bank' money.
And it solved the security problem...
better than a giant state's guns.
Now you didn't have to fight the Fed.
You could just opt out.
And every money printer minted a Bitcoiner.
Thank ye, Bernanke!
Quantitative easing eased adoption.
Adoption of a decentralized currency...
to opt out of their failed state.
To vote against a monetary policy...
that they could vote against no other way.
So, let's not rewrite history.
Libertarians tried working within the system.
But they saw, sooner than others, that it failed.
So when you see it fail...
Don't blame the lifeboat.
Blame the captain, blame the Fed, blame the state.
And then thank Satoshi.
For giving us Bitcoin.
The electronic exit from filthy fiat.
A decentralized currency, if we can keep it.