Bitcoin is the capstone on 4 *decades* of innovation and experimentation .. and it is the foundation for decades more that we’re already seeing start to emerge:
- Liquid
- Lightning
- eCash
- Nostr
Ignorance of the history leads also to the fallacy of “version 2 will be better” which the altcoin promoters feed on
Fundamentally, and i speak as someone coming from a technical background, the most important aspect to learn is that Bitcoin’s innovation is economic (verifiable absolute digital scarcity), not technical.
Then technical innovation is impressive but only in so far as it enables the actual economic innovation
🤝
btcschellingpt
npub1nv…4e7zd
2024-08-03 01:33:52
in reply to nevent1q…64y4
Author Public Key
npub1nvfgglea9zlcs58tcqlc6j26rt50ngkgdk7699wfq4txrx37aqcsz4e7zdPublished at
2024-08-03 01:33:52Event JSON
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"content": "Bitcoin is the capstone on 4 *decades* of innovation and experimentation .. and it is the foundation for decades more that we’re already seeing start to emerge:\n- Liquid\n- Lightning\n- eCash\n- Nostr\n\nIgnorance of the history leads also to the fallacy of “version 2 will be better” which the altcoin promoters feed on\n\nFundamentally, and i speak as someone coming from a technical background, the most important aspect to learn is that Bitcoin’s innovation is economic (verifiable absolute digital scarcity), not technical.\n\nThen technical innovation is impressive but only in so far as it enables the actual economic innovation\n\n🤝",
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