Bitcoin is a contender to replace inferior monetary defensive protocols
Bitcoin has the potential to challenge 18th-century monetary defense protocols as an alternative to the 21st-century modern monetary defense protocol (MMDP). First of all, the purpose of any defense protocol is to provide natural barriers designed to increase and maximize security, the protocol, the superior protection and security it offers.
The United States Constitution, for example, is a defense protocol designed to protect individual liberties while outlining the boundaries of "the people" that have been defined for their government. This masterpiece of defense protocol is truly a revolutionary document that helped establish civilization. in a way that has never happened before in history. Also, the U.S. eventually created the Department of Defense (not the Department of Defense) as an insurance policy to further defend our way of life. However, the right defense protocol has the potential to shape the future and pave the way forward in ways we cannot fathom at this time.
Well, nested within the country's Article 1 Section 10 defense protocol is the nation's monetary defense protocol. This 18th-century defensive currency protocol seeks to constrain government spending by mandating that the nation's debt be paid in gold and silver. As we have learned, history does not repeat itself, but it often rhymes, and the nation's founders were aware of the dangers of overstretching the country's obligations with a devalued money supply. For what is history but a swinging social pendulum, beginning with quality money (gold and silver) to quantity currency (depreciated currency) and then back to quality money again. Until recently, gold and silver were the best monetary policy defense protocol against runaway inflation and currency depreciation. To this day, gold and silver play a key role as an insurance policy as virtually every country has significant reserves.
Today, our 18th-century defensive currency protocol is still very valuable, which is why it is heavily protected by a well-trained and experienced 21st-century military, hired by the Department of Defense and employing highly effective 20th-century tactics. Fort Knox, said to contain the nation's gold, is protected with thick granite walls and blast-proof doors weighing more than 20 tons. It is surrounded by 24/7 surveillance, guards at various posts, perimeter fences equipped with motion sensors, electric fences providing a secondary barrier protecting the facility and the Appalachian Mountains to the east providing a natural barrier against potential adversaries. Should additional military protection ever be needed, soldiers, tanks, gunships and artillery are available at the nearby Fort Knox military base. All in all, that's a significant amount of firepower developed to defend the nation's current monetary defense protocol.
For contextual reasons, gold has been used for thousands of years as the ultimate currency, storing the value of our commodities and creating wealth to advance civilization. Gold's natural chemistry, indestructible properties, and scarce supply made it the most solid money humans have ever discovered. Its use fueled the development of human societies as it transformed a world of barter into a world of international commerce made up of cutting-edge technological advances. However, owning gold has an excellent track record as quality money as repeatedly led to the destruction of civilization and a historical loop that seems to repeat itself over and over again.
Unfortunately, the inherent traits of our species, particularly violence and greed, always seem to succeed in corrupting the money supply. Removing the corruptible and inherently violent nature of humans from the money supply, and instead delegating oversight to a line of code, might be a viable option. Alternative and solution to a 5,000 year old problem. Only when civilization discovers this so-called perfect incorruptible money in Bitcoin does it stand a chance of bringing about the kind of peace that politicians and others profess to want. Rather than hiring an army to defend an 18th-century currency protocol, the Bitcoin network takes us into the 21st century, harnessing the power of electricity as a defense system.
However, MMDP (also known as the Bitcoin network) is a 21st-century solution to an 18th-century problem and potentially a contender to replace inferior monetary defense protocols to maximize protection of individuals' rights while discouraging irresponsible spending to prevent. Eventually, sooner or later, the MMDP will become a national security priority, and our nation's leaders will recognize that protecting the MMDP can become as high, if not more, a national security priority than protecting a potentially outdated 18th-century currency protocol th century. If that were the case, then it would not be unlikely that in the Department of Defense would begin to rapidly overcome its dominant 20th-century role and move into a 21st-century defensive posture as civilization shifted away from the physical defenses of the Currency removed for digital money defense in and through cyberspace through the power of electricity and monetary energy storage with bitcoin.