I recently read an anonymous quote: "The book needs you"!
And I was thinking about this statement, but from the perspective of bitcoin.
Bitcoin needs you! Can this be taken as an exact affirmation? We often hear that you need Bitcoin, or here are the reasons why you need Bitcoin, but what about Bitcoin, does it need me? When I say "me", I mean every person.
I think as much as we need bitcoin, bitcoin needs us. I think people are fundamentally important to Bitcoin.
Why?
For more Security and Decentralization!
What do I mean?
As I understand it, the Bitcoin network is based on a decentralized ledger maintained by miners and nodes operated by people all over the world. This decentralized architecture ensures security, transparency, and resistance to censorship. New people are welcome to join this decentralized network so that the number of miners and nodes is as large as possible. Because the system will become more and more decentralized, the more distributed the participants in the network, the more secure and robust it will be. Bitcoin is an open-source project, meaning that its software is developed and maintained by a global community of volunteer developers. Continuous improvements, bug fixes, and innovations are critical to Bitcoin's scalability, security, and functionality. The dedication and expertise of these developers have a direct impact on Bitcoin's evolution.
That's why I believe Bitcoin needs you, and you need Bitcoin! It is a real relationship. This relationship cannot exist if one does not need the other.
This decentralized ledger cannot be maintained by a few people and remains decentralized. Imagine for a moment that the number of people mining and running a node were to decrease. How dangerous would that have been for the system? How easy would it have been to centralize the network and change the rules of the game? How easy would it have been for governments to monopolize and control the network?
So the key is this: the more people involved in the decentralized network, the more decentralized the network becomes, and the harder it is to be controlled by the dark forces and those who wish to destroy it.
In essence, while Bitcoin is a technology, its success, resilience, and growth are inextricably linked to the actions, decisions, and participation of people around the world.
So, folks, Bitcoin needs all of us and we need Bitcoin, too!
All for one and one for all!
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21 sats \ 1 reply \ @riberet19 29 Apr
Each participant in the network is important whether they have 1 sat or billions of sats, we are here because we need bitcoin for one reason or another, and bitcoin continues to work thanks to us, so it is a mutual agreement
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0 sats \ 0 replies \ @Taft OP 29 Apr
Yes. That's my point!
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0 sats \ 0 replies \ @cryotosensei 29 Apr
You write beautifully xP
The network also needs people like me who don’t shun away from expending their sats so that hyperbitcoinisation can happen sooner rather than later!
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0 sats \ 1 reply \ @Satosora 29 Apr
Reminds me of this.
https://m.stacker.news/28657
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0 sats \ 0 replies \ @Taft OP 29 Apr
Come on! Be serious!
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