Today, an amusing thought crossed my mind — what if we could precisely analyze the ratio of someone’s positive versus negative comments about Bitcoin? I reckon there’s a fat chance their yap aligns with how much dough they’ve sunk into it. It makes intuitive sense. The more you comprehend Bitcoin, the more you want to allocate funds to it, fueling your desire to learn even more. As you speak more positively about it, others might perceive you as eccentric. However, you learn to embrace adversity and cherish the red days as opportunities to accumulate more satoshis. This virtuous feedback loop is something I truly appreciate about the Bitcoin ecosystem.
Contemplating the nature of money systems is humbling. Fundamental questions arise: How should new money be issued? Who decides the issuance schedule? Why is monopolizing money and printing fiat currency considered detrimental? What distinguishes Bitcoin from other forms of money? While the answers may seem intricate, they are rooted in simplicity: establish a fair and transparent system, and consistently adhere to its predetermined rules. Perfection is an unrealistic pursuit, and it often impedes progress. If a system has been meticulously designed with fairness as a guiding principle and has reasonably achieved that objective, particularly if Satoshi’s coins remain unmoved, it deserves recognition. It will be fascinating to witness Bitcoin’s potential global adoption, much like how the internet revolutionized our world over the past five decades.
Ultimately, even if Satoshi’s coins were to move, it wouldn’t diminish the profound impact of their creation. Bitcoin was released as an open-source protocol, a gift to anyone willing to participate in this revolutionary system. Every user of the system is a beneficiary of Satoshi’s visionary work. Their anonymous genius has bestowed upon us a decentralized, borderless, and censorship-resistant form of money that could redefine the very fabric of finance and economics.
“Thousands of years ago, the first man discovered how to make fire. He was probably burned at the stake he had taught his brothers to light, but he left them a gift they had not conceived of, and he lifted darkness off the earth.” — Howard Roark
Satoshi said, “Nah fam, that’s too much drama, here’s better money. Peace out, bitches!”
3/15/24
Conor Jay Chepenik
