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Apex Environmental Solution: Bitcoin
- Narrated by: Laura Online
- Length: 11 hrs and 4 mins
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Publisher's summary
"Apex Environmental Solution" explores Bitcoin, charting its inception and evolutionary development. The book outlines how John Nash’s Asymptotic Ideal Money and Satoshi Nakamoto’s white paper, disintermediated digital transactions, and continues to reshape our understanding of monetary systems. Solstin explores the critical 'why' behind Bitcoin, highlighting the inherent flaws in centralized debasement and fiat inflation. The book underscores how our broken monetary system has surpassed the event horizon. Interest payments are growing faster than tax receipts, debt-based assets are diminishing against Bitcoin and other commodities.
Deflationary trends are accelerating the point of no return. Digital Transformation, including AI, is deflationary. Solstin compares Booth-deflation vs. deleveraging deflation, and asks, if technology makes things cost less, why are prices are going up?
The heart of the book answers the question by tracing fiat’s three-hundred-year history with Solstin’s Spectrum Trichotomy: Usury, Natural Interest Rates, and Fiat. After returning to a commodity-based monetary system, expect Bitcoin’s first-order effect: Real wages track productivity gains, and cost of living declines. A second-order effect, Bitcoin flips the incentive from hyper-consumption to savings and conservation. Solstin introduces other theories, making complex ideas simple. Malthusian Beer Theory and Solstinian Wine Theory.
Solstin emphasizes Bitcoin as the Apex Environmental Solution, illustrating how all conservation endeavors are futile within the current monetary system. Bitcoin flips the incentives from centralized growth toward real Earnings, real Savings, real Conservation, and real Investment (Real ESCI). With Bitcoin, ESCI is easy. With fiat, increasingly impossible.
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