The Nashian Orientation of Bitcoin

The simpler path elucidates the concept of Ideal Money, presenting it as a politically neutral global standard for money comparison, which could lead to efficiency gains in the global economy and foster long-term contract formation. It critiques misconceptions held by notable figures and introduces a new lexicon for better understanding Hal Finney's theory of Bitcoin Backed Banks, arguing against the notion that innovations like the lightning network render such theories obsolete. Furthermore, it delves into bitcoin’s early limitations, suggesting these were intentional to steer its development towards becoming an ideal medium for high-value settlements in a future global economy. This section also highlights Nick Szabo's theories on 'collectibles' and 'unforgeable costliness', aligning them with John Nash's ICPI (Ideal Currency Price Index) to argue for Bitcoin's potential role in comparing the quality of existing major currencies. Ultimately, it asserts the mathematical alignment between Szabo's bitgold concept, Nash's vision for an ICPI-based economy, and Satoshi Nakamoto's implementation, suggesting a coherent theoretical foundation for Bitcoin's role in the global financial system.

The more complex trajectory involves 15 essays that utilize "Szabonian Deconstruction" to navigate socially constructed truths around Bitcoin. These essays critically examine Bitcoin's relationship with Mises Regression Theorem, inconsistencies in Saifedean Ammous' Bitcoin Standard, and the application of games as pre-market commodity valuators. They propose a deconstruction of money and Gresham's Law, critique the Bitcoin community's impact, analyze the Satoshi Complex, and deconstruct the Cantillon Effect through a Szabonian lens. Further discussions include analyses of Hayek's work in the context of Bitcoin, computational shortcuts for understanding Hayek’s proposals, metaphors for framing intersubjective truths, and a synthesis of Hayek, Nash, and Szabo’s ideas for optimizing global currency systems. Finally, they address central banking within a Hayekian landscape post-Bitcoin integration.

These comprehensive works are made available through a GitHub repository and have been read aloud, posted on X and YouTube, making them accessible to a wider audience interested in the intersection of cryptocurrency, economics, and philosophy. Kyle Torpey's endorsement of the simpler set of essays underscores their relevance and insightfulness, positioning them as valuable resources for anyone seeking to understand the intricate balance between Bitcoin's technological innovation and its potential economic implications. The series culminates in showcasing the interconnectedness of Szabo's, Nash's, and Satoshi's visions, highlighting the profound implications of Bitcoin on the future of our global financial system, particularly in relation to the current debate on transactional throughput limitations and their broader ramifications.