Tuesday 2 June 2020

Deep respect for bitcoin's voluntary nature.

Bitcoin is a set of principles - unwavering principles - reflected in code and work.

One principle is that everything in bitcoin is voluntary. Nobody is forced to own bitcoin, to run a node, to mine bitcoin or to accept bitcoin. And nobody is prevented from owning bitcoin, running a node, mining it or accepting it. Bitcoin respects that human beings have free will and are required to make choices and live with the outcomes of those choices.

There is something very beautiful about taking deterministic primitives (like secure hashing functions) and turning them into a system that protects and preserves the freedom of non-deterministic choices by human beings.



Submitted June 02, 2020 at 09:31PM by logical https://bit.ly/3dr1Vs5

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