volcano on Nostr: We have been witnessing a major techno-societal breakthrough with Bitcoin. It is ...
We have been witnessing a major techno-societal breakthrough with Bitcoin. It is similar to the invention of the printing press, which over multiple centuries led to the separation of the state and the church. The printing press revolutionized access to information, decentralizing knowledge and undermining the monopolistic control of the church.
Bitcoin is performing a similar function in the realm of finance by separating the state and money. This process is confusing and challenging for many because it is happening extremely fast, driven by technological advancements and global interconnectedness. Unlike the gradual shift that took centuries with the printing press, the separation of state and money through Bitcoin will be complete in a few decades, fundamentally transforming our economic and political landscape in an unprecedentedly short period.
Bitcoin is performing a similar function in the realm of finance by separating the state and money. This process is confusing and challenging for many because it is happening extremely fast, driven by technological advancements and global interconnectedness. Unlike the gradual shift that took centuries with the printing press, the separation of state and money through Bitcoin will be complete in a few decades, fundamentally transforming our economic and political landscape in an unprecedentedly short period.