Thursday, September 18, 2025

The fate of Bitcoin: do you see a (two) head and shoulders in BITX?

https://www.reddit.com/gallery/1nklpso

🏛️→🌐 Reminder for Edeneum Salon #3: Political Philosophy & Network States

https://i.redd.it/6prbnk00hzpf1.png

🏛️→🌐 Reminder for Edeneum Salon #3: Political Philosophy & Network States

After two awesome sessions, we are coming back this Friday (tomorrow) on September 19th, 2025 with our 3rd Edeneum salon.

If you haven’t signed up, you can register here → Edeneum #003.

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What is Edeneum?

Edeneum provides classical wisdom for network societies, founders and the new-age citizen.

Our work encompasses three essential components:

  1. Salons for discussing ancient wisdom as it applies to startup societies
  2. A comprehensive codex drawing from the greatest philosophical, historical, and scientific works on governance and human excellence
  3. Edeneum Accademy, which trains future Network State founders and citizens in the art of governance.

Background

I have participated in The Network State community since 2021. During the COVID pandemic, Balaji Srinivasan delivered a series of virtual lectures on creating new countries in the cloud—a concept that may sound fantastical but proves surprisingly practical.

As traditional Western institutions deteriorate—signaled by economic upheaval, governmental distrust, and global conflicts—we require new approaches to governance and self-governance.

Consider the internet's three great phases of development. First came global social connectivity through platforms like Facebook, Instagram, Reddit, and X, which built the infrastructure for digital community formation. Second came disruptive commerce through Uber, Airbnb, and Shopify, revolutionizing economic exchange. Third came decentralized currency through Bitcoin, creating new monetary systems without intermediaries.

We have thus established social communities that unite like-minded individuals, commercial networks previously unimaginable, and novel methods of monetary exchange—all native to the internet.

What about governments?

Here we encounter Balaji's ingenious concept of the Network State:

The network state thus begins with moral foundations, which naturally leads us to religion, philosophy, and the humanities.

Rather than reinventing governance from scratch, why not apply 2,500 years of accumulated wisdom—historical experience, political philosophy, and practical knowledge—to startup societies and network states?

This is precisely Edeneum's mission.

Our Approach: We extract frameworks from Aristotle's Athenian Constitution, Maimonides' teachings on human perfection, Machiavelli's principles of statecraft, and apply them to Network States.

What we're building:

  • The Academy: Education for both princes and princesses
  • Workshops for crafting founding documents, constitutions, and policies
  • Templates and resources for legal, judicial, and executive institutions
  • In-depth learning sessions on classical works

If you aspire to found a network state or consider yourself a curious, internet-native citizen, we invite you to join our community.

Visit our Luma Calendar for upcoming events, or find us featured on the official Network School Calendar. You may also subscribe to our newsletter for regular updates.


The Non-Reaction: Why Crypto Yawned at the Fed's Big Rate Cut

In a telling sign of market maturity, major cryptocurrencies showed remarkably little reaction to the Federal Reserve's first rate cut since December. Bitcoin barely budged from its $115,000-$116,000 range when the announcement hit, while Ether experienced only modest volatility between $4,430 and $4,620.

The muted response wasn't accidental—analysts widely agree the 25 basis point cut was already "baked in" with over 90% probability priced by markets. This represents a significant evolution from crypto's early days when Fed decisions typically triggered violent swings.

Several key insights emerged from analysts:
• "Liquidity is back on the table" - potentially positive for risk assets
• Crypto remains "addicted to Fed signals" despite its decentralized ethos
• Innovation, not macro policy, remains the long-term driver

The real story isn't the cut itself, but how efficiently crypto markets anticipated and digested the news. This level of sophistication suggests institutional participation is changing how digital assets respond to traditional financial events.

Sometimes the most significant market developments are the ones that don't happen.

Always do your own research. For the full context, read the original article!

Source: Forbes.com
Writer: Charles Lloyd Bovaird II
Narrator: RippleTalk