Expatriotic on Nostr: _Good Morning_\ ☕ 📖 🌞 # Cryptoeconomics **by [Erik ...
_Good Morning_\
☕ 📖 🌞
# Cryptoeconomics
**by [Erik Voskuil](https://github.com/evoskuil).**\
**The book can be found on [GitHub](https://github.com/libbitcoin/libbitcoin-system/wiki/Cryptoeconomics).**
### Axiom of Resistance
- **Axiom Definition**: An unprovable premise necessary for Bitcoin's design.
- **Satoshi's Insight**: Systems can resist state control, evidenced by P2P networks.
- **Importance**: Essential for Bitcoin's permissionless, censorship-resistant nature.
- **Rejection**: Without this axiom, Bitcoin is misunderstood, akin to PayPal.
- **Historical Context**: Confinity's transition from Bitcoin-like to PayPal illustrates rejecting this axiom.
The rest of the summarized chapters are at https://expatriotic.me
☕ 📖 🌞
# Cryptoeconomics
**by [Erik Voskuil](https://github.com/evoskuil).**\
**The book can be found on [GitHub](https://github.com/libbitcoin/libbitcoin-system/wiki/Cryptoeconomics).**
### Axiom of Resistance
- **Axiom Definition**: An unprovable premise necessary for Bitcoin's design.
- **Satoshi's Insight**: Systems can resist state control, evidenced by P2P networks.
- **Importance**: Essential for Bitcoin's permissionless, censorship-resistant nature.
- **Rejection**: Without this axiom, Bitcoin is misunderstood, akin to PayPal.
- **Historical Context**: Confinity's transition from Bitcoin-like to PayPal illustrates rejecting this axiom.
The rest of the summarized chapters are at https://expatriotic.me