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Did This Ancient Story Predict Bitcoin’s End? | Beyond Bitcoin · Simply Bitcoin

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  Long ago, when humanity only spoke one language, they decided
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  to build something magnificent. A tower.
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  To the heavens they baked their bricks, and they bound them with
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  tar, and then they said, Come, let us make a name for
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  ourselves, unless we be scattered over the whole earth.
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  This is the story of the Tower of Babel.
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  Early in the book of Genesis, there is a story about humanity
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  being united by one language. And they were so enamored with
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  themselves and their ego got so big that they decided to build a
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  monument, a tower. By doing so, what God did was he
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  scattered their tongues and scattered them across the earth
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  so that everyone spoke different languages.
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  It's about society or humanity wanting to make a name for
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  themselves. No, I know you're asking how
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  does this relate to Bitcoin? The Tower of Babel wasn't just
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  about height, it was about permanence.
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  It was about humans trying to inscribe their value.
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  Into eternity it. Was the first monument to
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  collective ego, but were followed wasn't unity, it was
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  confusion. God scattered.
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  Their tongues. And in a single instant, a
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  shared network of understanding shattered into 1000 dialects.
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  The story of Babel isn't about divine punishment.
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  It's about what happens when the language of meaning gets
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  confused with the language of ambition.
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  The apostle Paul says that he says God is not mocked for what
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  a man sows that we also reap. And so I was like trying to
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  think about this and I'm like, OK, like, so basically that's,
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  that's saying there's no free lunches.
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  You know, there's what, what you sow, There's a there's a
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  correlation, 100% correlation between what you do and and the
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  consequence they're being consequence of that action.
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  So I started to think about what are, what are other ways, other
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  places where you see this dynamic.
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  First of all, that's just logic. That's just how reason works.
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  Now, reason says, if this, then this, this is how you know,
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  seeds work. You know, you reap what you sow,
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  You know, we, you don't plant orange seeds and get apples.
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  That's just not how it works. You get, you know, things that
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  correspond with the kind of seeds you plant.
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  And so again, the thing that I that really kind of hit me as I
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  was, you know, thinking about this was because I've been
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  thinking about Bitcoin. Bitcoin is fresh in my mind,
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  which just like, OK, so Fiat money denies sowing and reaping
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  like it denies this relationship between, you know, there being a
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  cost to the, the production of of money.
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  Money has always been a kind of language, a way of saying I
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  value this, you value that. A shared syntax of trust if you
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  will. But somewhere along the way, our
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  financial tongue got scattered, too.
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  Once goal was the common speech of value.
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  Then came a more dominant dialect, the dollar, much like
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  English. And then we began printing and
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  printing and printing. And the more we printed, the
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  less we said. The words lost weight.
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  The grammar broke the language of money once we read it in the
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  scarcity of time now became a dialect of illusion.
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  Walk through any museum and you'll hear the same story. 100
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  tongues trying. To describe.
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  Beauty, but no shared translation.
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  That's our monetary system of today.
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  Many are. Speaking if you were listening.
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  The euro, the yen, the peso, the yuan, each an attempt to rebuild
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  the tower. And like Babel, every empire's
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  tower collapses under the weight of their own misunderstanding.
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  Because when the unit of value can be conjured by decree, it
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  can be inflated or manipulated, redefined, it stops being the
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  language of truth. And it starts just.
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  Being noise now, how does Bitcoin fit?
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  Into all this, well, let's. Explore.
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  your purchase. Stay sovereign.
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  Stay connected with sat123.com. If the Tower of Babel was the
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  beginning of dispersal, Bitcoin might be the beginning of
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  reunification. Because beneath the noise of
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  modern finance, beneath trillions of printed words and
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  worthless promises, a new language emerged.
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  Not one spoken by governments or banks, but written in code.
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  You know, there's something that music, math, chess, and Bitcoin
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  all have in common, and that's that they all speak one language
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  that everyone can understand. They are all languages that have
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  a clear rule set, regardless of your native tongue.
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  I could be a French speaker, but I'll read the same jazz as an
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  English speaker. 2 + 2 + 4. Whether you're in Kyoto or
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  Kansas, AC major chord sounds the same in any year.
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  A Bishop. Always travels in diagonals.
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  A Bitcoin transaction is true for everyone, everywhere, all
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  at. Once.
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  Bitcoin gives us a Ledger that everyone can read.
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  Where Fiat required interpreters, central banks,
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  clearing houses, intermediaries, Bitcoin removes them.
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  Two people anywhere on earth can now speak the same monetary
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  tongue, and they can verify. What the other says?
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  Where Fiat scattered us through distortion, Bitcoin unites us
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  through verification. Where old systems required
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  belief, Bitcoin demands truth. The people who built the Tower
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  of Babel thought they were as great as God, but God severed
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  their communication lines. When communication fails in
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  civilization, no one trusts each other.
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  And what do you think the dollar is doing right now?
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  It's causing us all to mistrust our prices around us, our very
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  communication system between us, regardless of our native tongue.
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  Prices are a communication system much like chess, music,
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  or Bitcoin. Just another way that people
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  that don't speak the same language can speak the same
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  language, but the dollar distorts those prices rapidly.
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  So we are finding it harder and harder to communicate.
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  Bitcoin fixes those communication lines with its 21
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  million hard supply cap. Self sovereignty, its ability to
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  hold it by yourself. The mechanics of bitcoins policy
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  are built within it. It doesn't need an entire system
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  around it to make decisions about which 2%, three percent,
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  4% inflation rate. So maybe building the tower
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  wasn't the sin. Maybe it was just the attempt to
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  do so. From Babel to Bitcoin, we're not
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  just rebuilding a new tower, we're rediscovering a new
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  language. I'm Tom with the weather back to
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  you, Susan. So this Bitcoin thing starts to
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  video, thank you so much for watching.
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  If you like what you see and you want to see more, make sure you
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  This is beyond Bitcoin. Until next time.