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40 sats \ 2 replies \ @Scoresby 9h \ on: Bitcoin: The Natural Selection of Money bitcoin
I like thinking about markets in darwinian terms. But I've always preferred the term survival of the fittest. As you say in your piece:
It also implies that whatever does survive is more fit. If governments are able to break bitcoin's promise of censorship resistance and permissionless-ness, then fiat money is more fit. Also, it implies that bitcoin is fighting for its survival.
“Fitness” in markets has nothing to do with justice or morality — it’s pure ability to resist and adapt.
Fiat isn’t “fitter,” it’s a predator that controls the environment… until something survives outside its cage.
That’s Bitcoin.
It’s been dodging its traps for 15 years, and every failed attack makes it stronger.
The day it stops resisting, it will no longer be Bitcoin.
And that day hasn’t come yet.
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It is.
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