The Essence of Bitcoin
The Essence of Bitcoin
Bitcoin’s essence is that it is a good idea, for the good of humanity, whose time has come, and which cannot be stopped.
By Tomer Strolight June 22, 2023
If you were to ask the question “What is man?” you might get a joking reply like “mostly water.” Such an answer wouldn’t be incorrect, but it would hardly be useful. It wouldn’t even tell you the difference between a man and a watermelon, or a cup of tea, both of which are also mostly water.
To be useful, you would need to go deeper and ask the question “What is the essence of man?” That’s a discussion that has been ongoing for thousands of years. I’ve personally thought about and discussed this topic a great deal, in large part because I want to understand what it is I am.
I’ve also been doing a lot of thinking about the question of “What is the essence of Bitcoin?”. I’ve been asking this because I am fascinated by Bitcoin. However, I also think Bitcoin is a reflection of some very particular things about man and his essence, so asking questions about Bitcoin actually provides answers about the essence of man and mankind as well.