What does the story of the Reformation informs us something about what the future holds for cryptocurrency and blockchain
500 years ago, the world was forever changed due to the negative review.
On October 31 1517, a slim friar, anxious and theology professor identified as Martin Luther nailed a list of grievances (his 95 theses to the front door of a monastery in Wittenberg.
He was against the tax changes every time an elected bishop was chosen as well as the absurd annual funeral mass as well as the endless pilgrimages.
However, he savored a special poison for indulgences.
In the past, indulgences included pay to play that allowed those who were naughty to cover their indulgences with a gift for the church.
Donate an empty bag of silver or gold to the local bishop, and you can also go through those gates of pearls.
In the eyes of Luther it was unjustifiably high-riskan unwise tactic of the Church which implied that humans could bargain with God.
The ploy was widely criticized and when someone was brave enough or numb enough to speak out against it the public took notice.
Of course, this included the authorities.
The Born of Blockchain cream Roll
Luther was a minor-time friar who wore woolen frocks, sausages made of mutton, it was not trained in the pomp and splendor in the courts.
Although he might have been modest in appearance,
Luther had a powerful weapon at his disposal - fame.
For the time following Wittenburg, Luther had been a prolific writer, releasing nearly 25 books, pamphlets along with religious tracts.
His writings made him a hero of the common people,
as well as an advocate for a brand new religious movement, one that dares to challenge his traditional Catholic church. He took his printing presses and used it to weaponize them.
The danger this new Technology presented to the power of the Church was enormous.
For more than a thousand years the Catholic Church was the center of medieval economic, religious and social life, as a sort of super manager of the feudal system.
It maintained this order with an extensive set of rituals - including attending Latin masses, and taking a pilgrimage to the remains of saints.
which publicly acknowledged the authority that the church had.
God was present - very literally, in the Eucharist And in the body of society.
Since around the year 14th-century, significant changes have shaken the feudal order as well as the credibility of the church.
The first significant blow was in the form of the Black Death in 1349.
In killing half of all the people of Europe The plague also made it easier to obtain free land,
it is reduced the labor force with gave them liberty from bargaining power over the feudal rulers.
The power of feudal Lords decreased with the advent of New World markets in the 15th century.
The financing of expeditions, the processing of natural resources, as well as running credit systems all demanded an ever-sophisticated economic system,
which shifted the power away from the rural aristocratic Lords to an economic system that was controlled by a growing metropolitan middle class.
Then there was printing.
The Printing Press Technology History Made by German goldsmith
The invention was made in 1440 in 1440 by Johannes Gutenberg, a German goldsmith who invented the printing press,
it was the most important technology of the first modern age.
Even though literacy rates were not yet widespread, the capability to quickly spread ideas across time and space.
it is a huge threat to the Church's monopoly of a thousand years regarding the facts.
In the event that the Bible is the word of God,
I own an original copy What are the priests' jobs?
Revolution was happening in any banker's or cobbler's hands. All Luther did was to articulate it.
This way the printing press was more than just a means of increasing access to information.
It also fundamentally changed the way that medieval people conceived of the world.
There was no requirement for incense, Hail Marys or spells of magic;
God was an idea whose will could be discerned in private through reading his Words in the form of a book.
There were no bishops or priests. God's truth was there, ready to be discovered.
The Printing Press Revealed Their Own Theology.
The medieval world the place where Heaven!
as well as Earth were one within the Great Chain of Being, i
t was split in two distinct realms:
State and Church both private and public both are mind and body.
In putting pen to paper his 95 Theses,
Luther became the very first person to make public the radical shift.
Then in the Diet of Worms it was the right time to defend his beliefs, that his own life in front of the eyes of some of the most powerful men in the world.
In the gathering, Luther summed up this movement with two words that read sola fide and sola scriptura -by faith alone and in the Word.
The Bible in contrast to the Catholic Church was the sole source of legitimacy and truth.
This made the church's mediators - the popes, monks, priests ineffective.
Then Luther went one step further. He declared (correctly) it was true that most sacred Church practices, the eucharist baby baptism.
the cult of saints - were all pure creations that had no basis in the scriptures.
They were all part of an elaborate puppet show to make bishops satiated from the labor of serfs.
For Luther the salvation is a personal thing between God and a person;
regardless of how much they spent on an indulgence and how much they paid, only God could grant forgiveness for the sins.
The court was asked to locate any passage in the Bible to disprove his assertions, their are one passage which showed.
that God did not require them to be the well-fed, silken-robed papal officials seated in front of him, as well as their rituals. This didn't go well.
The Diet Quickly reached the Conclusion.
Luther was excommunicated from Church or canceled perhaps. it was told that Luther could return to his home safely.
It was evident that Luther was an infamous person.
He was considered to be too well-known and loud to be allowed to roam freely or write in Germany.
Within a short time, Luther would be arrested and sentenced to death for the crime of heresy.
He is staged a mock kidnapping at the woods near Worms and took Luther home to the castle of Wartburg.
Luther was probably not aware, and was spared from the wrath of his own death.
In the following two years, Luther lived the life of a relaxed Influencer Writing all day long and becoming fatter on roasts soaked in gravy and ale.
The year 1534 was when he published his most prestigious achievement: which was the very premier German translator of the Bible.
Today every Bohemian journeyman or cobbler would have no barriers to accessing the Bible. Word that is the Word of God.
The next century saw the movement Luther defined as Protestantism - named in reference to Luther's Latin protestari which means to publicly testify. rapidly spread throughout Europe.
It was much more than an ecumenical movement.
It was a major restructuring of Western society, where individuals would become the central figure of the state.
What happened next, according to the legend, was the scientific revolution.
Enlightenment and the rise of modernity.
The result was the victory of the scientifically rational society which we have the present.
The beginning of this all started with Luther who was a single hero who's relentless determination to find the truth.
It was a challenge to the status quo changed the direction of the course of history.
Perhaps it was the printing press, the unique technology that broke through the intellectual grip.
it was the Catholic Church and contributed to the birth of an individual and abstracted subjectivity.
Choose your preferred option or, even better, mix both.
Because the story of Luther and the printing press is being told everywhere -- on the pages of Wired and The New York Times, on Reddit forums and from TikTok influencers, in Apple ads and tweets from billionaire-entrepreneurs.
The story is about Messianic Technological-solutionism
The idea that advancements in science and technology are always progressive.
This is the course of history isn't the result of a battle between economic, social or environmental forces rather,
Those inevitable victory of more and more effective ideas (discovered and propagated by a brilliant genius).
Luther's tale is still held in such importance because it was the source of this myth and the moment in which we took flames away from Gods.
Techno-solutionism has become so embedded and an integral part of our social mythology.
if it is ignore it, even if it's digital junk being promoted by hucksters who want to make quick bucks.
So, It is make to question;
1. Ideology that is intensely,
2. Unjustly,
Both are accepted as the doctrine that is the normative of the Medieval Church of Rome.
Five hundred years after when we had the Diet of Worms,
We are informed that we are on the threshold of a new revolution.
One that will end our dependence on the State completely, and to create a society in which everyone is the sole master of their own.
This is a tale of how everyone is becoming extremely rich in which unicorns are driving Lamborghinis ("lambos") to the moon!
Or an ex-Hollywood child actor makes a $100 billion Dollar Currency!
A trip into the future, where everything transforms into
- Software,
- State,
- Art,
- Money
- and your Identity.
The blockchain is here.
A decade of low-cost credit and a sloppy regulation had turned the American economy into a gigantic casino.
When the bookies finally knocked and nobody was able to pay the bill, banks such as those of Federal Reserve conjured.
Trillions of Dollars from the air! Can you Imagine!!
For the reasion, They promptly returned it to the same self-dealing corrupt bankers who orchestrated the fraud.
The majority of people were unaware or shocked to understand the underlying fraud.
"Quantitative easing," "mortgage-backed derivatives" -the "solutions" were as arcane and illogical as the middle-age Latin mass.
However, the message was evident: Money is magic and only wethe high financial priests are aware of the tricks.
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