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The Bitcoin Ark

The Bitcoin Ark

The Bitcoin Ark
The Bitcoin Ark

The Bitcoin Ark

The ‘fiat flood’ is coming.
Bitcoin is a call to all who value their time, labour, and life enough to protect it.

The Metaphor in a Nutshell

The modern economy is built on an unsustainable system of printed (‘fiat’) money and expanding debt that can never be repaid. This ‘fiat system’ causes rising inflation, which makes keeping one’s head above water perpetually more difficult. When this system inevitably collapses, a tidal wave of inflation will inundate everything, leading to a great ‘fiat flood’. Anyone without a lifeboat will be wiped out. Most are still unaware of this inevitable catastrophe, or where to turn for safety, but many are waking up. The fiat flood is coming and bitcoin is the ark.

For eons, humanity has searched for a form of money immune to inflation. Even gold, the preeminent historical store of value, suffers from inflation through mining, and has no known maximum quantity on earth. In January 2009, Satoshi Nakamoto gave the world Bitcoin, a digital money with a fixed quantity and verifiable scarcity. Nobody, not even Satoshi himself, has the power to alter bitcoin’s supply. This combination of absolute scarcity with decentralised governance, offers bitcoin holders immunity from inflation. Like Noah’s ark, Bitcoin is the financial lifeboat for humanity.

The road to bitcoin is neither easy, nor well-trodden. In the biblical story, Noah did not know when the great flood would arrive, only that it was coming. He worked with haste, diligence and discipline, and ignored all non-believers around him. Similarly, the bitcoiner’s journey calls for personal responsibility, humility, sacrifice, and independent thought. Studying bitcoin is a transformative and often spiritual experience. You’ll confront uncomfortable truths, about yourself and the world, but gain wisdom, foresight, and hope for a better future. Bitcoin is a call to all who value their time, labour, and life enough to protect it.

The Bright Orange Future Beckons

Bitcoin is built upon principles that maximise human flourishing, freedom, innovation, quality of life, and symbiosis with nature. This potential future is available to all who are humble and willing enough to learn about Bitcoin.

Bitcoin First Principles

Understanding Bitcoin requires thinking from first principles across many disciplines. Below you will find comprehensive essays on topics foundational to Bitcoin.

1
What is Money?

The history, functions, and properties of sound money.

2
Austrian Economics

Explore the dynamic forces that govern human action.

3
Philosophy & Ethics

Principles at the core of human flourishing and freedom.

4
Why Bitcoin?

Bitcoin is freedom, hope, and humanity’s only lifeboat.

5
How Bitcoin Works

The math, mechanics, and game theory, of a decentralised ledger.

6
How To Bitcoin?

Self-custody, zero leverage, and other best-practices.

Meet The Author

I’m Andrew P’ng

I’ve always been fascinated by how things work. When a system breaks, I look for root causes and try to solve from first principles. Through this lens, I view ‘fiat money’ as the root cause of much of the growing dysfunction in the world today, and I view Bitcoin as a potential solution. This website is my call for all responsible souls to reject the fiat system and consider Bitcoin as their refuge for their families, their life’s work, and humankind.

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My Mission:

To accelerate the adoption of bitcoin and encourage others to reclaim their individual sovereignty.

Bitcoin First Principles

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