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0 sats \ 0 replies \ @DeltaClimbs 23 May 2023 \ parent \ on: Do you use the term Bitcoin Maximalist to describe yourself? bitcoin
Understanding does not mean understanding everything, it only means understanding the very obvious facts that monetary Schelling points are winner takes all, that the winner is the first to come of with difficulty adjusted proof of work to ensure the supply cap in perpetuity, and finally, that this is the mathematically/thermodynamically optimal solution that can never be displaced for the continuation of a species' existence on any given planet.
This is like the e=mc^2 of bitcoin.