2minutebitcoin on Nostr: **Bitcoinism** is an emergent philosophy, embodying a consistent set of many values: ...
**Bitcoinism** is an emergent philosophy, embodying a consistent set of many values:
- fair issuance
- austrian economics
- cheap validation (accessibility)
- voluntary opt-in (no coercion)
- individual self-reliance
- appreciation for strong property rights
- libertarianism
These are not *features* of Bitcoin - they are Bitcoin.
The values **are** the system, [the code simply **automates** the values](
https://2minutebitcoin.org/blog/unpacking-bitcoins-social-contract-2018). Bitcoiners are serious about retaining the foundational properties because to alter them is **to kill the system**.
Alternative projects hold their values very weakly - they pride [innovation over consistency](
https://time.com/6223034/ethereum-merge-sanctions-flashbots/).
Published at
2023-04-15 11:23:34Event JSON
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"id": "d31663068c1cbe54ec95a93f8e39e1fd05ace1bbd51c016f2ff1a0aafcd20152",
"pubkey": "0ea2dab3366701f28beb086adc8849b28c64a25048088fa6b2e5604eff369d71",
"created_at": 1681557814,
"kind": 1,
"tags": [],
"content": "**Bitcoinism** is an emergent philosophy, embodying a consistent set of many values:\n- fair issuance\n- austrian economics\n- cheap validation (accessibility)\n- voluntary opt-in (no coercion)\n- individual self-reliance\n- appreciation for strong property rights\n- libertarianism\n\nThese are not *features* of Bitcoin - they are Bitcoin.\n\nThe values **are** the system, [the code simply **automates** the values](https://2minutebitcoin.org/blog/unpacking-bitcoins-social-contract-2018). Bitcoiners are serious about retaining the foundational properties because to alter them is **to kill the system**.\n\nAlternative projects hold their values very weakly - they pride [innovation over consistency](https://time.com/6223034/ethereum-merge-sanctions-flashbots/).\n\nhttps://i.imgur.com/n75h4Vi.png",
"sig": "03194fae95806422facba031bef6b16bd50e27cb9730f597e8bb71f926daa0d055eea6e9510deceead4a492a6fbbc913263308723d72b1e0842995f0ae88a8c2"
}