ShortSimon on Nostr: The totem pole was a record debts between people in a village. It stood in the middle ...

The totem pole was a record debts between people in a village. It stood in the middle of the village so that everyone could see what was owed and nobody could mess with it.

The bitcoin blockchain is visible to everyone and is unchangeable.

The system of bank records are hidden to the public and are mystery, even to the bankers that manage them.