This text was written by netizen 999 in 2021. It discusses hoarding Bitcoin.
This text has disappeared from the internet with the banning of his Weibo account.
Today I found it, hoping it will be helpful to you.
2021-03-14
1. The birth of the new proletariat.
2. One important aspect of Bitcoin that will profoundly change society is the emergence of a new class, the new proletariat.
3. The characteristic of the new proletariat is that they are proletarians but extremely wealthy. The commonality with the old proletariat is the lack of assets, while the difference is that the old proletariat is poor, whereas the new proletariat is wealthy.
4. The new proletariat is the Bitcoin Hodler, a fervent believer in Bitcoin, to the extent that they will throw away all their assets and exchange them for Bitcoin.
5. The new proletariat will become a new trend, a new way of life, and a new form of sophistication. They have no assets and will wander in every corner of the world, gradually breaking free from the constraints of nations and cities, living wherever they wish. They may even migrate like migratory birds, spending winter in the south and summer in the north, moving north and south throughout the year.
6. The new proletariat does not need to work, or can work remotely anytime and anywhere through the internet. Team members are also new proletarians, distributed around the world, but can collaborate effectively. Due to frequently wandering and going to unfamiliar places, the new proletariat will not have many interpersonal relationships; all their close friends are online, and they may not have even met in person.
7. The new proletariat will profoundly change the way the world operates. When they need assets or means of production, they can rent them, and when they no longer need them, they will return them. This is no longer the traditional understanding of 'light assetization'; this is complete 'proletarianization', living a carefree life. However, the value created by a new proletarian will surpass many heavy asset publicly traded companies.
8. In the new world, the asset-holding nocoiners will become the laborers of the new proletariat, racking their brains to find ways to rent assets to the new proletariat and provide services for them. The only way to avoid becoming a laborer of the new proletariat is to transform oneself into the new proletariat.
9. New proletarians can be invisible. Because from the outside, there is no difference between new proletarians and old proletarians. The new proletariat will be largely hidden in plain sight.
10. Hoarding Bitcoin shapes the new proletariat.
