The Economics of Glory

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Wendell Berry, Proto-Bitcoiner

economicsofglory.substack.com

Wendell Berry, Proto-Bitcoiner

"Misery acquaints a man with strange bedfellows." - The Tempest

JM Bush
Mar 25, 2022
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Wendell Berry, Proto-Bitcoiner

economicsofglory.substack.com

Wendell Berry might be the most unlikely Bitcoiner ever.

While the philosopher-farmer, poet, novelist, environmentalist, and sober-minded cultural critic has written extensively throughout the second half of the 20th century, the fifth generation Kentuckian whose family has lived on and farmed the land in the same county for 200 years famously has not typed a single word of any of them on what many would see as the period’s greatest invention: the personal computer. Berry writes with pencil and paper. When he’s ready to send something to his publisher, he entrusts his hand-turned thoughts to the same person he presented the rest of his person to half a century ago: his wife, Tanya. She faithfully transcribes her husband’s inner workings on a Royal Standard manual typewriter.

He has also written critically at great length regarding the overwhelming human and environmental costs that corporate America has been willing to pay with other people’s money while suffering none of the consequences. He is a fierce enemy of coal, which is one of the sources of energy used to mine Bitcoin. He has even been willing to put his person where his pen is and practice civil disobedience in protest over policies that he perceives to be unconscionably opposed to the public good.

So, what on God’s good earth could lead me to think about Berry as a proto-Bitcoiner? There are far more reasons than I have listed below, but here are a few.

  • His life and work have prioritized restoring the dignity of people and places used, abused, and forgotten by the powerful and shortsighted. So does Bitcoin.

    Twitter avatar for @jposhaughnessy
    Jim OShaughnessy @jposhaughnessy
    Two thoughts from Wendell Berry “Do unto those downstream as you would have those upstream do unto you." “It may be that when we no longer know what to do, we have come to our real work and when we no longer know which way to go, we have begun our real journey."
    10:00 AM ∙ Mar 24, 2022
    92Likes11Retweets
  • He pleads with his readers to acknowledge and embrace the limitations inherent in place, relationship, and nature. We shouldn’t strive to defeat reality but submit ourselves to it and reap the benefits. So does Bitcoin.

    Twitter avatar for @streamgazer
    Βραχύς αιών (Kay) @streamgazer
    Wendell Berry on marriages, farms, and places.
    Image
    Image
    2:53 AM ∙ Jan 28, 2022
    23Likes6Retweets
  • Bitcoiners are a crowd that understands the reasons for its discontentment.

    Twitter avatar for @jmbushwrites
    J.M. Bush @jmbushwrites
    “A crowd whose discontent has risen no higher than the level of slogans is only a crowd. But a crowd that understands the reasons for its discontentment and knows the remedies is a vital community, and it will have to be reckoned with. - Wendell Berry on #Bitcoin
    4:39 PM ∙ Jul 5, 2021
    10Likes2Retweets
  • Bitcoiners understand that a debt-based economy where loans (and money in general) are created ex-nihilo (rather than lent out from the deposits of others) ultimately pits neighbor against neighbor. They understand that it eventually makes two different sets of rules; one for the rich and connected and another for everyone else. This phenomenon drives up prices of scarce goods over time and widens the gap between the rich and the poor, leading to worse educational outcomes (read: more easily manipulable people). The poor are less able to live according to sustainable low-time preference priorities (healthy food prepared in healthy ways, having children and prioritizing their care and education, etc.). They're more likely to become consumers of cheap, easily prepared food that destroys both their bodies and the land upon which they live but (in the overwhelming majority of cases) do not own.

    Twitter avatar for @jmbushwrites
    J.M. Bush @jmbushwrites
    There are not enough rich and powerful people to consume the whole world; for that, the rich and powerful need the help of countless ordinary people. - Wendell Berry
    2:45 PM ∙ Jan 2, 2022
  • Berry mused that an economy based on energy would do less damage both to the environment and its inhabitants. Bitcoin effectively monetizes energy.

    Twitter avatar for @jmbushwrites
    J.M. Bush @jmbushwrites
    Another crazy Berry excerpt: "Some time ago...we were laboring to define the causes of the modern ruination of farmland, we finally got around to the monetary economy. I said that an economy based on energy would be more benign because it would be more comprehensive." #Bitcoin
    9:19 PM ∙ Aug 13, 2021
    15Likes4Retweets
  • Berry understood the exorbitant costs associated with fiat currencies (including altcoins).

Twitter avatar for @jmbushwrites
J.M. Bush @jmbushwrites
“When humans presume to originate value, they make value that is first abstract and then false, tyrannical, and destructive of real value.” - Wendell Berry on altcoins #Bitcoin fixes this.
3:05 AM ∙ Feb 9, 2022

I could go on, and perhaps another day I will do a Part 2. Berry and Bitcoiners have their differences, but as the Shakespeare quote above rightly states, misery acquants a man with strange bedfellows; we all see the damage that fiat money and fiat men have wrought upon the world and are eager to see it restored to its nature embracing senses.

So I hold out hope that we’ll win him over, even if it takes a while. And if not, I’ll still be content to give Berry the same treatment that Dante gave Socrates and Plato: at worst, he's in limbo alongside Gary North and virtuous no-coiner economists who lived before Bitcoin.

If you're a Bitcoiner looking for a natural intro to Berry, I recommend Home Economics.

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If you are interested in the intersection of Bitcoin and philosophy/religion, you might enjoy the first annual Thank God For Bitcoin Conference on April 6th at the Black Archives Historic Lyrics Theatre in downtown Miami, Florida. We have a bunch of speakers from all walks of life and ministry, and I could not be more excited both to be there for my benefit and for everyone else who will be there as well. Tickets are limited, but if you will be in town for the main Bitcoin Conference or live nearby, we would love for you to join us.  Tickets are on sale at tgfb2022.com

You don’t get what you want; you get what you subsidize. If you would like to subsidize my writing you can send on-chain Bitcoin tips via the above wallet.

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Wendell Berry, Proto-Bitcoiner

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