2minutebitcoin on Nostr: The ultimate conclusion about Bitcoin is that a global network of rational economic ...
The ultimate conclusion about Bitcoin is that a global network of rational economic actors operating within a voluntary, opt-in currency system would never collectively form a consensus to debase the currency they have all independently and voluntarily determined to use as a store of wealth.
It's not just code that dictates there will ever be 21 million bitcoin - it's the game theory surrounding much of our daily lives.
That can't be understood overnight by any individual.
It is a reality that is reinforced and strengthened over time by reading more and seeing it repeatedly work, every 10 minutes.
- an excerpt from the 2-minute version of Gradually, Then Suddenly (2019) https://www.2minutebitcoin.org/blog/gradually-then-suddenly-bitcoin
It's not just code that dictates there will ever be 21 million bitcoin - it's the game theory surrounding much of our daily lives.
That can't be understood overnight by any individual.
It is a reality that is reinforced and strengthened over time by reading more and seeing it repeatedly work, every 10 minutes.
- an excerpt from the 2-minute version of Gradually, Then Suddenly (2019) https://www.2minutebitcoin.org/blog/gradually-then-suddenly-bitcoin