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      "body": "<center>![trump.jpg](https://steemitimages.com/DQmNT7dJqL1XeeC7b6wELtkxTDAgJ6V93AKhtiAxmcZZCdo/trump.jpg)</center>\n\nThe American people are in a state of extreme excitement. One side is jubilant over the victory of President Trump, while the other side is in defiant resistance. The emotions are running hot on both sides. The surface politics of this situation have been discussed ad nauseam, and it is clear to me that there is no gain in delving into these superficialities anymore—at least not now. Instead, I will be examining the underlying emotional issues that caused the election of Trump, in an effort to prognosticate where we are going from here.\n\nThe story people have been telling themselves about American politics is that nothing ever changes. This is why voter participation had gotten so low. The government always seemed to be going in the same direction, no matter who won elections. This story was depressingly compelling, and it stayed with Americans for a long time—until, of course, the 2016 election, when a man who broke every rule, defied every odd, won. And then took the country in a very different direction.\n\nPeople who still try to tell the same story about \"nothing ever changes\" are being drowned out by both Trump supporters and his liberal opponents. They both clearly see now that things CAN change in the political realm, and the country CAN be moved into a very different direction by simply electing someone President. The importance of this revelation cannot be understated. Trump was elected by people who wanted to prove the \"nothing ever changes\" story wrong, almost to the point that the consequences didn't matter, as long as the status quo was changed. And this does NOT mean that the right will be in power forever: the left can take advantage of this new situation by picking the right candidate who can tell a convincing story about bringing the country back towards a more progressive vision—one that is even more progressive than the traditional democrat party would like.\n\nSo how does this relate to bitcoin? My analogy is rather simple: President Trump is to the political system as bitcoin is to the monetary system. Changing the political world was great, but it's nothing compared to changing the way people all over the world conduct business. Everyone knows that the fiat currencies are backed by nothing and can be inflated to worthlessness at any time by people who control the levers of power. But we have tried to ignore this fact and use fiat currencies anyway, why? Because of the exact same story: \"nothing ever changes\". Not only does this story preclude Americans envisioning an entirely different monetary system, it also allows them to pretend fiat currencies never crash or undergo any kind of crisis, despite massive historical and even modern day evidence to the contrary.\n\nWell this story isn't holding people back anymore. And we're not interested in the current \"disruption innovations of creative destruction\" that don't really disrupt anything, save for making some businesses bankrupt for the benefit of others. How does Uber putting taxi companies out of business help me? It doesn't. It's not true disruption. Bitcoin, with its trust-less network that cuts out the middlemen between two people exchanging currency, is. And the same people who argue that bitcoin doesn't have a future are the same people who think voting doesn't work: because \"nothing ever changes\". Not anymore.",
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      "body": "<center>![silver_bullet.jpg](https://steemitimages.com/DQme4BNNU53p2p2vV4YtbLrWbSVAti1uy5AKwjrPD2da9qc/silver_bullet.jpg)</center>\n\nThe only way we can understand something is by the stories people tell about it. There is no other way, except for coming up with a story of your own from scratch. But this is very difficult in today's media-saturated world.\n\nTherefore, I shall be exploring the stories behind silver and bitcoin in an attempt to unite the two. It is my belief that bringing these two communities together will greatly benefit both, in a sort of symbiotic relationship. \n\nSo, what is the story behind investing in silver today? For this question, we are assuming you are considering the actual, physical silver metal, not any of the derivatives in stock markets. These are the silver metal pieces that you must buy and store in your home. The storing in your home aspect of silver already relates it to bitcoin, which also must be stored on computers (presumably in your home) and safeguarded.\n\nTo start with, we must dispel the notion of \"intrinsic value\". The very phrase is an exercise in tautology. Neither silver nor bitcoin contain any \"intrinsic value\". What the value comes from is the human desire to utilize the product. But this desire can vanish in an instant. Silver's value comes from two things, both of which are human desires: its store of value and its industrial uses. Bitcoin's value comes from two similar things: its store of value and its technological uses. Both of these values, for both silver and bitcoin, are of course intrinsically connected. Many people mistake this intrinsic connection for intrinsic value, but it is not the case.\n\nWhere bitcoin goes a little different from silver is that one of bitcoin's technological use cases is to act as a currency. This is perhaps its most exciting technological use: to take over the internet as \"the internet money\" of our time. Another one of its uses is as a gambling chip, which has also proven popular. Silver really does not compete with bitcoin when it comes to uses on the internet. Silver is, however, used in things that make the internet possible, such as the electronic connections on circuitboards and keyboards.\n\nLike bitcoin, silver hovers in the space between being a currency and being an asset. It does this far more than gold, which has historically mainly been used by the elites due to its rarity. The masses (except for the upper echelons of the merchant class) instead mostly traded in silver, which was much more plentiful. Obviously, the amount of people using silver coins and bullion as currency today is very small and not on a trajectory to increase: bitcoin is slated to take over that use case. Silver will instead become an integral part of the hardware on which bitcoin and other technologies of the future rely.\n\nBitcoin, as we all know, is limited to 21 million coins. Many people bawk at the idea of a bitcoin being worth a huge sum of money because who would ever buy a bitcoin for $100,000? But they don't understand that a bitcoin can be denominated as little as 1/1,000,000th of a bitcoin. And the same is true of silver, which is used in such tiny amounts in keyboards and circuitboards that it is not economically advisable to recover the silver. \n\nAs the \"internet of things\" evolves, more and more silver will be consumed for more and more computers. We're already using more silver than we are mining, and how much silver is there available in the world? Nobody knows for sure, and any estimate you find online should be taken with a grain of salt. But we know it is a finite amount, and we also know that silver tends to exist mostly in the upper crust of the earth. This means that most rich sources of silver have already been mined: there is no option left for finding large quantities of silver unless drastic measures are taken, such as establishing large recycling programs for all devices to extract their silver, or asteroid mining. For either of these options to be economically possible, the price of silver would have to skyrocket.\n\nAnd therein lies the rub. What unites silver and bitcoin more than anything is their \"to the moon\" projections in price. Bitcoin is much more similar to silver than gold in this way, because while gold is sure to increase in price in the upcoming years, it is not going to be on a very fast trajectory like silver and bitcoin. However, the partnership is not all sunshine and roses, which I will get into more in my next post.\n\nIn conclusion, anyone who loves bitcoin should invest at least a little in silver, and vice versa. These two seemingly different assets are actually quite united and fighting the same fight together.",
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