Tag: sovereign institution

Decentralization and Spontaneous Order

submitted by jwithrow.decentralization

Journal of a Wayward Philosopher
Decentralization and Spontaneous Order

November 25, 2015
Hot Springs, VA

The S&P closed out Tuesday at $2,084. Gold closed at $1,074 per ounce. Oil closed at $42.87 per barrel, and the 10-year Treasury rate closed at 2.25%. Bitcoin is trading around $324 per BTC today.

Not much action in the markets this week as Wall Street humanoids are gearing up for the big holiday on Thursday. Only the high-frequency trading machines remain to trade back-and-forth with one another for a few days. Despite this calm, I get the sense that a big move is brewing…

Also worth mentioning, I appeared on the SovereignBTC podcast with host John Bush last week. We had a blast talking about many of the topics I often muse on here in the Journal. If you would like to listen to the interview, you can find it at the LTB Network here.

Dear Journal,

“That was really sweet what you wrote about Madison…” wife Rachel said after reading my previous journal entry. “But the only thing you said about me was that I wouldn’t read past a certain point!”

“Well did you read past that paragraph?”, I asked with a wry grin on my face.

“No, that’s as far as I got…”

My last entry discussed the potential for the family unit to act as a sovereign institution in light of the burgeoning Great Reset, much to the benefit of both the sovereign family and the local community. The underlying theme of that entry, and of many recent journal entries, has been decentralization.

I seek to offer my unfiltered perspective when I sit down to write these journal entries, and I only write them when motivated to do so for that reason. That’s why the Journal follows no set schedule whatsoever, though I try my best to post a weekly entry. Sometimes when I re-read my unfiltered entries, however, I get the feeling that readers may come away with a more negative sentiment then I intend to convey. Continue reading “Decentralization and Spontaneous Order”

The Family As a Sovereign Institution

submitted by jwithrow.family estate

Journal of a Wayward Philosopher
The Family As a Sovereign Institution

November 4, 2015
Hot Springs, VA

The S&P closed out Tuesday at $2,103. Gold closed at $1,114 per ounce. Oil closed at $47.90 per barrel, and the 10-year Treasury rate closed at 2.19%. Bitcoin is trading around $480 per BTC today.

Take a look at the Bitcoin exchange rate – it’s up nearly $250 this month! It’s up $171 this week alone! We have seen this story before, but it is hard not to get excited about that kind of explosive gain in purchasing power. I can’t emphasize this enough: if you aren’t familiar with Bitcoin, look into it. It has the potential to revolutionize money, banking, finance, and accounting. Whether or not it will, who knows, but the potential is there. There will only ever be 21 million bitcoins in existence, and more than half of those have already been mined. That means the potential for continued purchasing power gains is huge if Bitcoin continues to gain acceptance. Why not have at least a little skin in the game?

Dear Journal,

Peak Foliage has come and gone, and only the most resilient leaves remain clinging to the trees here in the mountains of Virginia. The naked trees reveal a clear view of the bare cliffs that majestically overlook the southern side of our property. I look upon these cliffs with awe and respect as the morning fog slowly passes by their jagged ridgeline. These are the cliffs that looked down upon my daughter’s birth a little over one year ago. I hope these same cliffs will stand watch as a joyous, energetic little girl laughs, runs, and plays in the yard below. Maybe they chuckle as she stumbles chasing mini-lab Boomer who frolics with a tennis ball in his mouth. Maybe they nod in approval as she learns to kick a soccer ball into the net. Maybe they smile as she prunes apple trees in the orchard. This philosopher-dad can only speculate and wonder.

I can’t help but look inward as my mind’s gaze slowly recedes from Madison’s future and comes back into focus. My own path has been a strange one. After being 100% conventional, uncritical, and unquestioning for the better part of a quarter-century, a simple spark of curiosity led me down a road of intellectual growth and spiritual awakening from which I surely will never recover. From that spark the wayward philosopher was born. Continue reading “The Family As a Sovereign Institution”