“Perhaps the most enduring source of conflict within the Bitcoin community derives from incompatible visions of what Bitcoin is and should become.”

Bitcoin is very difficult to explain. Its purpose and place varies depending on who you ask. You will hear different explanations at a local Bitcoin meetup than you will in a corporate boardroom

In my opinion, the only way to really define what Bitcoin is is to run the code, but to explain what Bitcoin is is an ontological exercise.

I like to say “Bitcoin is what it is used for.” That’s not very useful, but we have 16+ years of Bitcoin history to sift through that might be more useful to define Bitcoin.

...read more at blockspace.media