Wittgenstein’s Language Game Parallel to Nash’s Ideal Money
The purpose of rendering bitcoin into a language game is for the actions of words to become self appearing so if the precise sciences are born of the poetic humanities, it follows a system, game, or calculus created must have a parallel and meeting of the minds with that it followed and by which it conveys meaning.
This is evident in the origins of postmodernism, formed from understanding the new breakthroughs and discoveries in knowledge, especially sub atomic particle physics, which weren’t always easily translatable by the old language or methods.
Jacques Derrida was one of the major figures in postmodernism who suggested a system must have a genesis with a history already structured so a diachrony could in turn make it the genesis of something else.
Moving Mediums
In the foreword to Tractatus, Wittgenstein writes:
“What can be said at all, can be said clearly; and whereof one cannot speak, thereof one must be silent.”
The cause of philosophical problems according to Wittgenstein was a misunderstanding of the logic in language, a medium which he later developed into a game theory where the bedeutung of a word or sentence arrived from the result of the “rule” of the “game” being played — subject to the same diachrony expressed in Derrida’s thoughts on genesis.
In Ideal Money, John Nash writes of money as a special medium with a long and interesting history, where we may become irrational over, because of our dependence on it.
Nash writes of the transition to optimal standards, which would be free of “inflationary decadence”, similar to that of a true gold standard, but one that wouldn’t be appropriate for a world empire context.
The Trustless Protocol
The intersection of the parallels between money and language and bitcoin and the sovereign fiat are indicated from the old gold standard:
Nash was not proposing a linkage to gold as being ideal, partly due to supply being affected by developments and advances in mining technologies.
Rather the trustless protocol laid out in the bitcoin introductory paper shows a self adjustment algorithm where the bitcoin is stable in issuance: the genesis appearing to be created from re-occurring themes of trust and honesty as expressed in cryptographic “chains”, the clarity and meaning of which remain tacit and looking for the right words.
