Is the value of Bitcoin the price at which it is trading or the Primal Function it represents?

The value of Bitcoin has always been conflated with its price. Value and price are thought of as a single element when in fact they are two separate elements, especially when it comes to a digital currency like Bitcoin. The notion of value is cognized as an intuitive sense of worth. This feeling-tone is a measure of our own beingness against elements in our awareness. Price, on the other hand, is a metaphysical phenomenon or mental form arising out of the mind and its logical considerations, plagued by fear, greed, market sentiment, and a drive to make a profit. Meaning, price is not value neutral.

The problem with determining the true value of Bitcoin arises when we associate its inherent Value — Primal Function — with price, a deeply flawed measure of value. True Value is a spiritual knowing that emerges from the Primal essence of our Being — a Vital power imbued with a harmonic living impulse of Awareness — Life, Creativity, Wisdom, Truth, and so on. This level of awareness is not available to the mind. It is a higher level of spiritual cognition that does not rely on the logical apparatus of the mind. Price, on the other hand, is a mental form (Artha) derived from the mind’s comparative/analytical function, a lower form of awareness.

We are destroying the power of Bitcoin by focusing on its form rather than its function. The form — the price — is only a metaphysical symbol of Bitcoin. Bitcoin represents a cosmic Principle where the higher spiritual essence of Wisdom, Trust, Creativity, Order, Harmony, and so on, are distilled into a programmable open-source language. A cosmic money where Primal Value is transferred through layers of time-stamped signatures, Bitcoin is the synthesis of cosmic Principles encrypted into money. Although traded at a price, the price of Bitcoin is not the core of its Principle. Function is. The Function of Bitcoin is to encode the Principle of Truth and primal Value into a monetary instrument while removing the mental and logical schemes associated with the lower plane of the mind where secrecy and fear drive all monetary transactions.

Bitcoin is the first completely decentralized monetary system where all transactions are simultaneously made available to all of humanity. This level of openness marks the first time that a global money has been made transparent to all human awareness. Up to now, money has relied on secrecy and scarcity to obtain its value. With Bitcoin, we removed the element of “secrecy” and maintained scarcity all the while preserving its primal function of Value. Finally, Bitcoin re-introduces the Principle of Truth — Trustlesness — into money. Contrary to fiat currencies, Bitcoin automatically ensures that all transactions are original and trustworthy. There is no need for human verification of its authenticity. It is authentic in its very primal nature.

Despite its sound principle, Bitcoin still exhibits tremendous volatility. This is due to the fact that human awareness, the source of the currency, is plagued by fear, greed, and doubt — inharmonic mental energies that distort the higher spiritual Principles immanent to the presence of every element of Nature. Humanity would have to achieve a higher level of consciousness — synthetic awareness of the heart — before it is able to truly understand the Value of Bitcoin or Nature for that matter. Until then, expect Bitcoin and all currencies to mimic the volatile nature of a consciousness ruled by the mind.