Bitcoin is an incredibly novel technology, there are few technologies that can boast the revolutionary impact that Bitcoin potentially has. However, there is still much to be learned from its predecessors and benefactors.
Today we cover Part 2 of Simon Morris’s excellent series on the lessons we can take from BitTorrent to better understand the goals and value of Bitcoin and Crypto. If it doesn’t break the rules, then why does decentralization even matter?
In the context of Part 2, knowing that the true value of decentralization is in breaking rules, Simon Morris now explores the consequences of a systems “intent,” the incredible complexity and balance it requires to sustain them, & the paradox of making changes to a system whose power resides in its capacity to resist change.
So what is the outcome of decentralized disruption? Who are the winners when there is a shift to an entirely new paradigm?
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