Blogs & Articles: Bitcoiners are The Remnant 🔗 2 years ago

The Masses don’t matter

Originally published on September the 21st, with Bitcoin Magazine:

Bitcoiners Are The Remnant, The Masses Don't Matter

I recently read Isaiah’s Job, by Albert J Nock.

It’s an essay that inspired generations of anarcho capitalists & libertarians such as Rothbard and Rand, so if you’ve not yet read it, do so now or bookmark it for later:

Isaiah's Job | Albert Jay Nock

I was introduced to it by Francis Pouliot at Bitcoin 2021, on a table with Russel O’Kung, MvDex, Matt Snow and a few others.

I finally got around to reading it two weeks ago, but it struck such a chord with me that I feel like I had known it from a past life.

The piece is dense, eloquent and strikes right at the heart of what one would call “The Remnant” know instinctively, but may not yet have put into words.

You may have heard the word “Remnant” being used by Francis, myself or others. It’s how those who matter have been described by God to Isaiah, and you’ll find the reference not only in the bible, but in meaningful literature from across the ages.

This is my homage to it. The modern day Remnant are the Bitcoiners.
It is they who matter. It is they who will deliver the mindless masses from the jaws of hell, servitude and despair. And they will do it not only without the support of the masses (who are all to ready to enslave themselves), but literally despite them.

Bitcoiners. I dedicate this to you. Wherever you are. Whoever you are.
If you’re reading this, you know who you are.

Selective Adoption

Before I get into my overview of Isaiah’s Job, I want to (hopefully) challenge you.

Few phrases, ideas or statements enrage me more than the following:

Mass Adoption
Equality
It’s for everyone
We’re all in this together
We are all one

I don’t need to remind you of the last two because you see them plastered all over the media (in every form) and drilled into your brain via a never-ending stream of Orwellian messages on repeat at airports, shopping centres, train stations and public venues.

Despite their seemingly innocuous injunction, we know all too well what they mean, and where they lead. We see the ramifications all around us. Mindless zombies walking alone in the park or driving solo whilst wearing face diapers, led by maniacal authoritarians who want to inject first and ‘study the long term effects’ later.

The idiocy of “Equality” I have bashed in the past, and you can read more on that here: Equality Breeds Conformity

The one I want to point my verbal shotgun at today is the phrase that’s driven me crazy for years now:

“We must achieve mass adoption in Bitcoin”

I wrote an essay a couple years back called: “DO NOT BUY BITCOIN”, and in there I mentioned the idea of Selective Adoption. In fact, I’ve spoken about this multiple times at conferences and meetups, to a mixture of either strong support & hesitant agreement as if what I said was blasphemy…

“did he just say that?”, “is this right?”, “what about all the unbanked people?”

So let me be clear and blunt: Mass adoption is never the goal for anything transformative, because the opinion or behaviour of the masses does not matter.

The masses, aka; “The Herd”, by definition come last. They do not set the trend, but follow it. They are the laggards. What they want is not important because they either have no idea what that is, or they simply default to what is available.

Henry Ford famously said:

“If I had asked people what they wanted, they would have said faster horses.”

Today we have the calendar, the engine, the computer and mechanical flight thanks to Remnants such as Galileo, Newton, Einstein & Neils Bohr.

The same went for Nikola Tesla, John D Rockefeller & Steve Jobs.
They all changed the world because they did NOT build for the masses.

They built for the future and those who could see that future. The Remnant.
The masses came later, and by that point, The Remnant was building and converging around what would come next.

So here’s my contention:

For Bitcoin, or any other grand invention for that matter, to succeed, it needs selective adoption.

It needs to be built for the game changers. For the revolutionaries. For the 1%. For the trendsetters. For the leaders and for The Remnant.

WE are the ones who make it into a default, because WE have the courage to buck the trend.

If we depended on the masses, the default would be Gulags, and they’d be happy with their lot:

The poster child of “The Masses”

Yes “Bitcoin is for everybody”, but “everybody” will come not because they understand it or know why it exists. They’ll come because it’s the only choice left. They’ll come once we’ve already won, and when Truth has prevailed.

So…..

Have I challenged you a little?
Have I perhaps rubbed you the wrong way?
Are there any cracks in that “mass adoption” message you‘ve heard over and over and over again?

I hope so. Because what follows is WHY the above is not just an opinion, but a fact of life.

Thankyou once again to Francis for the intro to this Essay, and of course to Albert J Nock for writing it, may he rest in peace.

An Homage to Albert J Nock

The following contains excerpts from Isaiah’s Job, and commentary by yours truly.

“The official class and their intelligentsia will turn up their noses at you and the masses will not even listen. They will all keep on in their own ways until they carry everything down to destruction, and you will probably be lucky if you get out with your life.”

Has a better paragraph describing modern society VS Bitcoiners ever been written?

I mean, for 12yrs Bitcoiners have been laughed at. Not just by the mainstream but by blockchainers, shitcoiners, no-coiners, the media, governments, the intelligentsia and even so-called ‘freedom fighters’ like Chris Sky.

And now, against the backdrop of a world genuinely going to hell, we’re fighting to build a Noah’s Ark so that the Remnant can get out with their lives & rebuild.

“There is a Remnant there that you know nothing about. They are obscure, unorganized, inarticulate, each one rubbing along as best he can. They need to be encouraged and braced up because when everything has gone completely to the dogs, they are the ones who will come back and build up a new society; and meanwhile, your preaching will reassure them and keep them hanging on. Your job is to take care of the Remnant, so be off now and set about it.”

When I’m asked: “why do you write” or “why do you speak out”, or “why do you run a Bitcoin-only company, you could make so much more money by listing {insert shitcoin}”, the above quote and the below quote are why.

In fact, whether Bitcoiners know it or not, this is deep inside all of them. We are the Remnant and we know that when we speak, there are those who will listen. Yes. I am talking to you right now.

“The line of differentiation between the masses and the Remnant is set invariably by quality, not by circumstance. The Remnant are those who by force of intellect are able to apprehend these principles, and by force of character are able, at least measurably, to cleave to them. The masses are those who are unable to do either.”

For every one Remnant who gets it, there are tens of thousands of masses who don’t. And whether it’s more nature or more nurture it doesn’t matter because the precise blend is impossible to know. What counts is that one in every ten or hundred thousand will always rise above the rest.

The mid-wit meme is the modern representation of the above.

PS. If you’re feeling good reading this, you are probably on the tails. If you’re offended, you’re probably in the centre.

His first, last and only thought is of mass acceptance and mass approval. His great care is to put his doctrine in such shape as will capture the masses’ attention and interest.

The main trouble with all this is its reaction upon the mission itself. It necessitates an opportunist sophistication of one’s doctrine, which profoundly alters its character and reduces it to a mere placebo.

If a writer, you aim at getting many readers; if a publisher, many purchasers; if a philosopher, many disciples; if a reformer, many converts; if a musician, many auditors; and so on. But as we see on all sides, in the realization of these several desires, the prophetic message is so heavily adulterated with trivialities, in every instance, that its effect on the masses is merely to harden them in their sins. Meanwhile, the Remnant, aware of this adulteration and of the desires that prompt it, turn their backs on the prophet and will have nothing to do with him or his message.

The Shitcoiner, the Blockchainer, the VC trying to sell you their next pre-mined pump and dump wants to create a “message for the masses”.
Diluted, ephemeral, miasmic, vague, vanilla and lost in the ether of platitudes heard daily from the politically correct intelligentsia the masses have been brainwashed by.

In the same way that Bitcoin does not just “change” under the pressure of a Roger Ver who wants bigger blocks for his vision of a base layer payments network (ie; a slower, more broken variant of PayPal), a Bitcoiner does not look to skew his message for mass approval or to sound nice such that he can be more accepted by “the government” or the “academics” or “the masses”.

Yes Bitcoin is for everyone, and Bitcoiners can come from any and all walks of life, but the purity of the message and the incorruptibility that is Bitcoin never wavers. It never dilutes.

This is why many have likened Bitcoin to an objective Truth. You cannot dilute the truth because it becomes a lie, and when it becomes a lie, you can only fool the masses; not the Remnant.

Isaiah, on the other hand, worked under no such disabilities. He preached to the masses only in the sense that he preached publicly. Anyone who liked might listen; anyone who liked might pass by. He knew that the Remnant would listen; and knowing also that nothing was to be expected of the masses under any circumstances, he made no specific appeal to them, did not accommodate his message to their measure in any way, and did not care two straws whether they heeded it or not. As a modern publisher might put it, he was not worrying about circulation or about advertising. Hence, with all such obsessions quite out of the way, he was in a position to do his level best, without fear or favour, and answerable only to his august Boss.

The Remnant, on the other hand, want only the best you have, whatever that may be. Give them that, and they are satisfied; you have nothing more to worry about. The prophet of the American masses must aim consciously at the lowest common denominator of intellect, taste, and character among 120,000,000 people; and this is a distressing task.

The best you have, the best you are, and the best you can be. This is not only what The Remnant will produce, but what The Remnant will demand.

It’s similar to just focusing on accumulating Bitcoin whilst you work on what you’re good at. The modern, fiat world we live in, where incentives are broken at every level fools the masses into thinking they must “invest” to keep up with inflation, catch the next shitcoin pump before it dumps, watch the “news” to keep up with the mindless affairs of the world, get “likes” to feel validated, take photos and share your private life with the world so you can keep up with the Jones’, and “follow” faux celebrities as if they matter.

It’s all noise, and all it comes from a place of internal lack. A feeling that you might miss out or that you’re not enough, so you try hard to be something you’re not.

Bitcoin is Signal, and much like the Truth it is a source of deep fulfilment. The Bitcoiner goes about one’s business, secure in the knowledge that the product of their sacred labour is not dependent upon the flimsy promise of man, but rooted in the fundamental laws of the Universe. They are the humans who don’t have to pretend.

What chiefly makes it so, I think, is that in any given society the Remnant are always so largely an unknown quantity. You do not know, and will never know, more than two things about them.

First, that they exist; second, that they will find you. Except for these two certainties, working for the Remnant means working in impenetrable darkness

This excerpt reminds me of the movie Fight Club, and once again reminds me of Bitcoiners as a group of people. We have infiltrated every layer of society. We signal this in subtle ways that only other Bitcoiners would appreciate.

Remember this. The people you’re trying to step on, we’re everyone you depend on. We’re the people who do your laundry and cook your food and serve your dinner. We make your bed. We guard you while you’re asleep. We drive the ambulances. We direct your call. We are cooks and taxi drivers and we know everything about you. We process your insurance claims and credit card charges. We control every part of your life.

Tyler Durden, Fight Club

So if at times you feel alone, remember that there are others just like you out there. We are everywhere, all the time, and just like an idea, we cannot be stopped.

When Elijah escaped by the skin of his teeth, believing he was the final remnant, the lord informed him:

“And as for your figures on the Remnant,” He said, “I don’t mind telling you that there are 7,000 of them back there in Israel whom it seems you have not heard of, but you may take My word for it that there they are.”

A Remnant of 7,000 out of a million is a highly encouraging percentage for any prophet.

As I said earlier. For every One Remnant, there are 100,000 of the masses.
But just as importantly, when you think you’re the only one, remember there are “7000 back there” who you’ve not yet heard of. They exist, and they will find you so long as you remain true.

The other certainty which the prophet of the Remnant may always have is that the Remnant will find him. He may rely on that with absolute assurance. They will find him without his doing anything about it; in fact, if he tries to do anything about it, he is pretty sure to put them off. He does not need to advertise for them nor resort to any schemes of publicity to get their attention

No group of people exist on Earth that have more consistently & successfully called our frauds, scammers, LARPers and idiots from all walks of life. Some of my favourite Bitcoiners in this regard are DeaterBob, Francis Pouliot, Saifedean Ammous, John Carvalho and Giacomo Zucco.

Contrast them to the many “influencers” out there spewing the same old artificial beyond-meat manure about “mass adoption” and “building followers” by “trying to make it accessible for everyone”.

Fuck that. It’s disgusting.
The former is organic. The latter is fiat.

A Bitcoiner is allergic to bullshit, in the same way the body is allergic to the fake foods designed for the masses.

As a Bitcoiner, diluting your message & your mission to “appeal to the masses” is the greatest fraud you can commit. It’s the pathway to emptiness, to regret and to deep meaninglessness….Into the abyss of the masses.

Those who want the best for you are by definition those who demand the best from you.

These are your true friends. These are your community. These are The Remnant. In order the be among them, you must be the best and most honest version of yourself. There is no greater aspiration in life.

If, for example, you are a writer or a speaker or a preacher, you put forth an idea which lodges in the Unbewußtsein of a casual member of the Remnant and sticks fast there. For some time it is inert; then it begins to fret and fester until presently it invades the man’s conscious mind and, as one might say, corrupts it. Meanwhile, he has quite forgotten how he came by the idea in the first instance, and even perhaps thinks he has invented it; and in those circumstances, the most interesting thing of all is that you never know what the pressure of that idea will make him do.

Ever wonder why we all seem to converge onto such profound truths separately, individually but collectively?

Bitcoiners plant seeds. We write code, we produce content, we discuss ideas and we remain committed to truth and first principles. As we do this, we not only plant seeds in other’s minds, but we create fertile ground for seeds of truth to grow in ours. This is part of the reward for the path we must walk.

Albert J Nock’s piece is truly one of the all time greats, and you can see why it helped shape the thinking of the greats like Rothbard. I can only hope I’ve done it justice above.

I’d also like to add that whilst it is profound, it’s essence is not entirely unique. You’ve seen, heard or read the same kind of message in the great speeches, powerful music and texts that have shaped humanity throughout history.

The Remnant have always been present, in some capacity. All the Great Stories were written about them.

The Great Stories

There is a reason why the greatest stories are those in which a hero or group of heroes prevail against insurmountable odds.

There is a reason why the Bible is full of stories in which God speaks with a Remnant, eg; Noah so he could build an Ark, Moses to Mt Sinai, etc.

There is a reason why Homer wrote of Odysseus, and not one of the forgotten soldiers in the army.

There’s a reason why we have Zombie movies, where the protagonists fight for survival amongst the hordes of mindless running rampant through the streets.

There’s a reason why apocalyptic movies show a world engulfed in chaos with millions slain, whilst the protagonists not only escape and survive but often discover a way to thrive.

There is a reason why Morpheus was looking for Neo in The Matrix, and why “The Construct” was developed:

The Matrix is a system, Neo. That system is our enemy. But when you’re inside, you look around. What do you see? Business people, teachers, lawyers, carpenters. The very minds of the people we are trying to save. But until we do, these people are still a part of that system, and that makes them our enemy. You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system that they will fight to protect it.

- Morpheus

These people. These masses. They are everywhere. They make up The Construct, but are not players in the game. They are like the background; always there in some shape or form.

At best they don’t really matter, and at worst they make up elements of miasmic, ephemeral “Construct” which The Remnant must rebel against.

Inertia

The masses resemble inertia. The dumb, deaf, blind default that will not change unless a new force is applied. They are the 80% of the Pareto distribution that make 20% of the difference.

The Remnant are the foreground.
The focal point. The tip of the spear.
The force that initiates and re-directs the inertia.
The 20% that makes 80% of the difference.

This may sound harsh to some, but it’s like Gravity. Whether you like it or not doesn't matter; it’s reality. You can either use it, or lie to yourself and walk off the cliff.

Instead, one must make peace with the facts. To do so, realise that for there to be a 20%, there must be an 80%. There must be a contrast, or as Alan Watts would say; “the foreground exists because there is a background”.

Inertia exists in the background, but it is downstream of the initiating force.

The masses must exist for there to be a Remnant. They have their place, as much as the Remnant do. The only question is who are you, and what role do you play in the Grand Game of life?

Democracy.

A minor detour, but very related is the idea of Democracy. A form of rule supposedly ‘for’ and ‘by’ the masses.

The following image comes to mind immediately:

Democracy at it’s best.

I find Democracy abhorrent, and it’s frustrating that the source of human flourishing & progress, ie; free exchange, property rights & individual ingenuity/productivity, has been conflated with dEmOcRaTiC rule.

The reality is far harsher. Democracy is more accurately the parasite which has benefited from the prosperity of free markets and continued to leech resources, capacity and energy alongside human flourishing.

We’re only now seeing the ramifications of it.

Sophisticated Theft

Democracy emerged in the west as a reaction by the masses, to the prosperity created by the free markets of The Remnant. The rising tide lifted all the boats and with it came a wave of new capital that the parasitic masses could feed on. Hence they created, rather mindlessly, a more sophisticated way of stealing from people. The idea:

Give The Remnant enough space to innovate and produce, and then just take all their shit after the fact.

The way of the masses is always a tragedy of the commons.

Democracies create legal, public monopolies, run by popularity-contest winners with no skin in the game. They appeal to and always devolve into rule of the masses where morality and the consequences of stupidity are socialised, and often carried or paid for by the productive members of society.

The sales pitch sounds nicer on the surface, but in reality it’s a much greater burden on society because it (a) has the capacity to last, and (b) empowers the masses to think they’re somehow in charge, whilst they proceed to blindly obey.

Monsters exits, but they are far too few in number to be truly dangerous; the most dangerous monsters are ordinary men (and women) ready to believe and obey without asking questions

Primo Levi

Monarchies are at least run by hereditary title holders with skin in the game. Hence why they can fail or correct much faster. I believe Bitcoin will usher in a new age of natural, competent elites, many whom would be considered “royal” in the classical sense.

Anarchy is the realm of The Remnant. The idea that society is voluntary, fragmented and localised, where people make decisions for themselves or in groups built on common values.

Alas, Democracy is a topic for a future peice. For now, Osho’s short but brutally hilarious take on Democracy can have the final word:

https://medium.com/media/3497902cff12e4d46ccb4272a8702f91/href

Speaking to the Remnant

In the beginning of this piece, I mentioned that I was not aware of the “Remnant” terminology until I had met Francis Pouliot, and did not appreciate its meaning until I’d read Isaiah’s Job.

In saying that, I seem to have understood its essence somewhere deep inside of me. Looking back on the following two pieces from 2020 & 2019, I can literally see myself grasping for this idea and searching for the words.

This is likely the same for you. Reading this now. Yes you.

If you feel as I feel, and if you see the world as I see it, you too have felt this in your bones. You too are part of the Remnant. You may not have had words for it, but the feeling has been there all along.

It’s once again Morpheus reaching out to Neo:

Let me tell you why you’re here. You’re here because you know something. What you know you can’t explain. But you feel it. You’ve felt it your entire life. That there’s something wrong with the world. You don’t know what it is but it’s there, like a splinter in your mind driving you mad. It is this feeling that has brought you to me.

Morpheus

The blue pill is for the masses. The red pill is exactly the one a Remnant would seek out and take. In fact, they are the only ones who would actually hear the call, whilst the masses remain.

Bitcoiners are heeding that call today. Bitcoiners are The Remnant

In closing

Bitcoin is for The Remnant.
Crypto is for the masses.

The masses are generally on the wrong side of history because of the madness inherent in crowds. They only find themselves “right” when it’s the default position. After the truth, forged forth by The Remnant, finally prevails.

By the time they figure out what’s happened, the trend is over. The upside is gone. This is why the masses don’t, never have, and never will make a difference, nor really matter.

By the time they’re all finally using Bitcoin in the same way they breathe oxygen, The Remnant will be building cities & citadels, terraforming new lands, unlocking intergalactic energy and inventing cosmic teleportation.

The Remnant are the 20% that make possible the 80% in the Pareto distribution.

And don’t fret. Despite my time, this is a story of hope for all. The masses will always benefit in the end.

Remember that Neo saved all of Zion, Tesla lit up the world, and Satoshi has delivered us Energy Money.

Just because I don’t care for what the masses have to say, doesn’t mean I don’t care for making the world a better place.

In the end, they will get their piece of the pie. So long as we remain true and build Bitcoin for The Remnant.

But if we try to build it for them, if we dilute our message and our mission to make it palatable to the masses, we will miss our chance and send the world directly into hell.

So stay true. Take on the often thankless job as a Prophet of The Remnant, for The Remnant shall prevail so long as an existence exists. The dark mass of the masses cannot eliminate the light, no matter how vast, menacing and omnipresent it is.

Thankyou for reading, and I sincerely hope you found value in trading your time for it. There will be loads more to come.

If you’d like to follow more of my work, you can see links to it below.