#Bitcoin is a real estate in cyberspace, with 21 million plots, each of which is divisible into 100 million lots. Rights over these lots are global, pseudonymous, permission-less. This global public registry of private rights is the cornerstone of rights in the Information Age.

The case for #Bitcoin is the case for ordinary fairness—that the value of money not be taken away and diluted by those in power from ordinary people.

#Bitcoin is a first-of-its-kind global public utility providing service to all—permissionless value transport—without the need for franchise/license fees. It’s bound to disrupt the model of corporations operating w franchise/license because its rails can offer cheap and fast transport service that can not be matched by legacy institutions.

The idea of a world reserve currency is nation-state centric. The goal for #Bitcoin is probably better described as becoming humanity’s cash/money. It is as envisioned by Satoshi himself in the title to his white paper. It is consistent with the goal of empowering sovereign individuals, even communities.

The money is an expensive social network operated by governments as an unnamed public utility handicapped by all problems associated with the fiat system. Its protocol is controlled by politicians and bureaucrats. #Bitcoin is a non-government social network for transmitting value that doesn’t require licenses and franchises to operate. Coders act as legislators and stewards of the protocol. Cheaper, faster network wins.