
Reads: The Great Decoupling: Luther, Satoshi, and the New Reformation of Money
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Bitcoin Well Reads: The Great Decoupling: From the Reformation of Heaven to the Reformation of Money
The most powerful institutions in history all share one trait — they make themselves indispensable.
The medieval Church taught that you needed a priest to reach God. The modern central bank teaches that you need a custodian to store value. Both monopolies look natural until somebody opens the door.
In this episode, we read Konrad Fitzpatrick's piece The Great Decoupling: From the Reformation of Heaven to the Reformation of Money. Konrad draws a clean line between two technical documents written five centuries apart — Martin Luther's 95 Theses and Satoshi Nakamoto's Bitcoin whitepaper — and lays out the structural rhyme between them. Both were calls to fire the middleman. Both were marketed through a new printing technology. Both produced an explosion of human sovereignty that the old institutions never recovered from.
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