koqoo on Nostr: The number of people who truly understand #Bitcoin at a deep, #wisdom level is ...
The number of people who truly understand #Bitcoin at a deep, #wisdom level is extremely small.
Many may have some data and information about Bitcoin, but fully grasping the technological, economic, and societal implications requires a significant investment of time and effort; #PoW.
The level of understanding can vary greatly, from those with a superficial awareness to those who have dedicated years to studying, practicing, and engaging with the Bitcoin ecosystem.
Here are the key levels according to the DIKW pyramid:
1. #Data: This is the raw, unprocessed facts or observations. In the context of Bitcoin, data could be the transaction records, block information, or network statistics.
2. #Information: This is data that has been organized, structured, and contextualized. For Bitcoin, information could include the mechanics of how transactions are verified, the role of miners, or the supply dynamics.
3. #Knowledge: This is the understanding of how the information fits together and can be applied. For Bitcoin, knowledge would involve comprehending the underlying technology, the economic incentives, and the broader implications of a decentralized digital currency.
4. #Wisdom: This is the ability to make sound judgments and decisions based on the knowledge. For Bitcoin, wisdom would entail understanding the societal, political, and philosophical significance of a peer-to-peer financial system and its connection with the self-sovereignty.
One thing for sure, “knowing” Bitcoin is a never ending process that requires #ProofOfWork.
Not even Satoshi et al fully understood #Bitcoin.
Bitcoin is a living organism and the main 1st key that unlock the central door to the dark side where light will shine the most eventually…
▿
Many may have some data and information about Bitcoin, but fully grasping the technological, economic, and societal implications requires a significant investment of time and effort; #PoW.
The level of understanding can vary greatly, from those with a superficial awareness to those who have dedicated years to studying, practicing, and engaging with the Bitcoin ecosystem.
Here are the key levels according to the DIKW pyramid:
1. #Data: This is the raw, unprocessed facts or observations. In the context of Bitcoin, data could be the transaction records, block information, or network statistics.
2. #Information: This is data that has been organized, structured, and contextualized. For Bitcoin, information could include the mechanics of how transactions are verified, the role of miners, or the supply dynamics.
3. #Knowledge: This is the understanding of how the information fits together and can be applied. For Bitcoin, knowledge would involve comprehending the underlying technology, the economic incentives, and the broader implications of a decentralized digital currency.
4. #Wisdom: This is the ability to make sound judgments and decisions based on the knowledge. For Bitcoin, wisdom would entail understanding the societal, political, and philosophical significance of a peer-to-peer financial system and its connection with the self-sovereignty.
One thing for sure, “knowing” Bitcoin is a never ending process that requires #ProofOfWork.
Not even Satoshi et al fully understood #Bitcoin.
Bitcoin is a living organism and the main 1st key that unlock the central door to the dark side where light will shine the most eventually…
▿