But while learning about bitcoin as a crime fighter, it dawned on her “how profoundly this technology could change how we do all sorts of things.”
The system is so elegant, it is no surprise that it has kicked off a global upheaval. I want more people to understand it so they can feel the same sense of intellectual wonder that I did. More people should draw inspiration from Bitcoin, because the world will be richer for it.
Satoshi Nakamoto’s Bitcoin whitepaper was genius. It described a system that effectively turned electricity into truthful records. That may sound strange, but Bitcoin’s ability to produce absolute trust between disconnected groups of people is groundbreaking.
“Competition is for losers.” – Peter Thiel
If you think Bitcoin is bad for the environment, before reading this article, consider that many Bitcoiners are environmentalists. If you think that is contradictory, forget everything you knew about the topic. Technologists and innovators care about our environment, and we will be part of building the solutions.
Bitcoin is the biggest technological revolution since the Internet was first introduced. Everyone agrees on this. This would almost make some people forget that this Bitcoin revolution goes far beyond technology. Bitcoin is a complete paradigm shift that has strong ideological and social impacts.
In this article, we covered the basics of the blockchain structure, including the aspects of data structure and network operation, their form of operation,
permission levels, and the possibility of automating contracts. It is worth remembering that these topics were covered in a superficial way, with each section being easily expanded to the point of becoming a book.