Here is a longish post going into my thoughts on this a little more...I posted it in FiresidePhilosophy yesterday and figured I would add it to this thread...

I did add to it a little bit due to my having unintentionally grouping all "Rich peeps" into a group and stating they are sure to fuck it up....but you will find the original language and my addition

Ok... so this might get a little long...and maybe its been covered somewhere already? I know I have been talking about for almost a year now and I am not sure when its going to get more traction...but hopefully soon.

This might also ruffle a few feathers but I am really get tired of seeing "bitcoiners" pulling the same shit as the FIAT maximalists and it has to change... While I do agree that everything "bitcoin" is good for Bitcoin in the end - we have and can do better by all those coming after us if we think a little further down the road of the future under a "Bitcoin Standard."

I propose all the "whales" of Bitcoin need to start doing more with "wealth" and truly start changing the future quicker and in a more orderly fashion....as the road we are currently treading down is likely leading to a path of fighting and wars....and I am arguing that can be minimized. (Note-wars/fights are going to happen)

"Bitcoiners" are starting to talk about this...the need to do things differently than FIAT world...the need to look at business models differently...the need to not "hoard" our Bitcoin wealth but rather use it to bring about the change we all want to see and know will be. We just haven't all figured out how to do it yet....

The reason Bitcoin is so popular with us commoners vs the already wealthy is simple....Bitcoin works better as a Store of Value, Medium of Exchange (or will with future layers), and Unit of Account. Those that are wealthy already...simply don't believe it and those that aren't simply can't access its benefits fast enough. This is where we (already in the system Bitcoiners) have to do our part to bring the benefits to the masses before the rich get their hands on it as they are certain to fuck it up! (ADD-ON) ok so not all rich people will fuck up bitcoin...I just think there is an inverse relationship here between those the current FIAT system is working for and therefore they are simply slower to change to something new and better - vs - the less well off, or those struggling to become rich having a deep incentive to understand why they can't break free and to fix the problem...which turned out to be the FIAT system in the first place.

Incentives are a funny thing...they are like a "2nd or 3rd level emergent behavior" and we have to get those right or we are doomed to fight ourselves as we progress toward a bitcoin future...

I don't know about you...but I absolutely believe that Bitcoin is going to be the Future Network that all our worldwide systems are "written" or based upon. When I say all our systems...I mean all of them...this includes each and every shared belief we hold near and dear to our lives...imagine a world with Religions based upon a system that is honest and immutable? Science, Technology, Philosophy....these are all just systems in the end are they not?

Look back through history - all new "systems" governments, monies, discoveries.... they are all based upon views of "REALITY" that most or more closely align with those "Laws of Nature" that have proven themselves to be most accurate?

SO FINALLY THE DOING PART -

Our business models have to change....we have to immediately stop attempting to acquire the most Bitcoin or FIAT or whatever you want to call it and simply find a way to ensure all those who participate in this NEW BITCOIN SYSTEM "no matter their time of adoption" get to share in the benefits of the system along with the earliest adopters. This will require the earliest adopters to check their beliefs at the Bitcoin door and do things differently - not to be read as "Giving away their wealth" but rather to be read as "Sharing with those that have a desire to do things differently but have been stuck in a corrupt system and may not even be able to see or understand their life circumstances due to being solely focused on survival."

I propose a system that shares in the growth of the system over time... I am sharing my "wealth" accumulation ability as I have benefited from the current FIAT system more than some and have been a "net" producer of value vs being a simple consumer of value. I believe all humans have the capacity to be productive - even those we would currently view as "consumers" - it is simply a matter of changing our perspectives on how that is defined.

I share the future price appreciation of Bitcoin (in FIAT terms) with the customers I deal with (I wrote a previous post describing this a little more if your interested take a look at it) - basically though - when my fellow humans pay me rent in Bitcoin - I give them access to 50% of any appreciation in the FIAT value of that Bitcoin for up to 6 months.

It's that simple...and any of us could do this...(of course it would be a lot easier if their was an app that automated the process and kept track of the transactions but writing that program is way above my paygrade (though I am trying to do it-just need the funds and the links to people smarter than me to write it and of course the time)) I say this out loud in hopes someone will jump on this train and run with it...I again say this out loud in hopes that if you are reading this maybe you will take the idea and run with it...I just ask you keep it open source and free for all to use...much like the network it should be maintained by the support of the community and not monetized by those with dollars and thus keeping all from using it.

If this didn't interest you then you might want to stop reading....if it did pique your interest...I am just going to ramble on a little more about this topic and kind of how I think it looks, works, plays out in the long run. I got into this a little bit on a recent podcast with Robin Seyr and on a Webinar through IREM (Institute of Real Estate Management) so here it goes...

My resident paid me about $1000.00 in BTC back in Nov. of 2023 for their rent....they have to realize their "incentive, discount, rent credit, return" by the end of this month.... that BTC has about doubled in price so they are looking at receiving about $500.00 in value back for simply using BTC to pay me. That is equivalent to nearly 1/2 their FIAT value of rent for one month... I believe in Bitcoin this much... I believe the FIAT value will continue to increase over time... I realize their is volatility and as a business owner I manage my FIAT and BTC values to ensure I can continue paying my bills through even the worst case scenarios of an extended prolonged period of decreasing value.... I manage my tax burden (even though I don't want to pay these and predict in time I won't have to due to changes in tax treatment of BTC... side note about tax treatment and this scenario... I work in the Project Based Section 8 Housing world...and if my beliefs are realized...and if other rental companies began utilizing this model - we would eliminate for the need for government funding of housing subsidies to owners/agencies as time goes on...of course depending on how much the FIAT value of Bitcoin goes up this could happen very quickly.... I know I am preaching to the choir here...but I don't understand why I don't hear more governments talking about this, or more lawmakers, or more business owners....???

I haven't over-leveraged myself or my properties....I am able to save every satoshi I am paid in leu of FIAT rent...This allows me to nearly completely demonetize my properties from the FIAT clown world and every BITCOIN WHALE should be funding companies like mine that are operating this business model... The only link to clown world for my properties will be the property taxes I have to pay on them. This will not only help accelerate the adoption of Bitcoin around the world - but at the same time help ensure a more orderly demonetization process of the FIAT value of clown world. I sincerely hope that I have simply been blind to Bitcoin businesses operating in this manner...

This concept gives me the Hope and Belief that Bitcoin will succeed in the end - no matter what - even if we go through wars as long as their are humans left on the planet to rebuild what we destroy - we can and will utilize Bitcoin to ensure abundance for all who are left -

I think like all great ideas/discoveries that things start small with first a few of us - and we are certainly doing that - we (Bitcoiners) have to remember that their is hope - that we have to be the change we want to see - and not get "drunk" on the wealth we recognize as a result of being early adopters to this beautiful and historic future...The discovery of Bitcoin was the beginning to this FUTURE (yes we are all currently in that new future) and we all have a responsibility to make it the best we can.

We now live in a new, undocumented, unwritten history that we must take great care in our handling - our old FIAT mindsets have to be overwritten or we will be doomed to repeat our past mistakes or worse.

Jason S. Hagenow