March, 2021 · 2 min read
The B-word
Everyone hears about it the first time and doesn’t pay much attention, moi included. You hear about it for a second time and form an innocent, introductory opinion, labeling it as drug-money and a pyramid-scheme with no real value.
Kerati Apilakvanichakit
You then hear about it a third time and start thinking 'this thing isn't going away', and maybe, just maybe, you decide that after hearing about it for the 3rd time in a span of a few months to a few years to finally do your own research to see what its about.
Its complicated for some, complex for others. Some forget about it, most don't care enough to begin, and few continue the journey.
It is seldom to hear a story of those who grasp and comprehend this technological innovation the very first time they dive in—we are all still students and learning.
It is the interdisciplinary-cross between computer science, psychology, energy, game theory, governance, cyber security and is a system based on mathematics
In this world:
There is nothing to hide.
There is no one in control.
It is everywhere and it is nowhere.
There is no mailing address, there is no customer service number.
There is only the guarantee, the certainty, that about every ten minutes the immutable truth beats like a heart.
A system designed for you to trust no one other than yourself.
A system built to be completely voluntary— no one forces or coerces you to do anything you don't want to do.
A digital asset created on a structure of aligned-incentives.
A digital platform that is free, transparent and open-source.
It is leaderless, borderless, and is an entirely neutral public good that doesn't care who you are or where you come from.
At its core, it is a computer protocol, a piece of software that represents a technological breakthrough in computer science.
It is the new money.
