Bitcoin: Separating Money From State

With the introduction of Bitcoin, we discuss the key achievement and massive win for the people of today: the separation of money from the state.

Pedro Febrero (@febrocas)
cryptonerds

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Image: Author

Today our goal is to give readers a comprehensive analysis of what makes Bitcoin unique and how this digital commodity may break the shackles of state currency.

We will look into how the Bitcoin network has evolved, from a simple payments network, to digital gold; the reason why Bitcoin is, in fact, a living organism that adapts to new situations and overcomes any challenge that crosses its way; and, finally, the path Bitcoin must take to conquer the entire digital space.

Only now, 10 years after the creation of Bitcoin, the picture of themes brewing around the cryptocurrency starts to take shape. Nic Carter wrote one of the most important pieces to describe the narratives surrounding Bitcoin. Below you can see the juice of his ideas: the evolution of Bitcoin as an e-cash proof of concept toward an uncorrelated financial asset.

Hasufl and Nick Carter’s “Visions of Bitcoin

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Pedro Febrero (@febrocas)
cryptonerds

Head of Blockchain @RealFevr. Researcher @QuantumEconomics. Hobbies include swimming and sith lording. Twitter @Febrocas