Bitcoin is the first example of a new form of life. It lives and breathes on the internet. It lives because it can pay people to keep it alive. It lives because it performs a useful service that people will pay it to perform. It lives because anyone, anywhere, can run a copy of its code. It lives because all the running copies are constantly talking to each other. It lives because if any one copy is corrupted it is discarded, quickly and without any fuss or muss. It lives because it is radically transparent: anyone can see its code and see exactly what it does.
…1] I couldn’t find any reputable studies supporting this. Yet. But I believe in the (just invented) Michael Bay Law: Capitalism will optimize all media towards short-term interestingness, not knowledge retention. The ideal movie will be The Transformers++. Incredibly engaging, not very educational.