“#Bitcoin is owned by humanity, the protocol developers are stewards, and need consensus from users to change it materially. bitcoin is about money, spam has no place in the timechain”
-- Adam Back
What is money?
Money is what we save, unlike food, a house, or a car, which are things we consume.
We invented money so we can save our time, energy, and labor and later exchange it for things we need.
That’s why it must be scarce and trustless. That’s why #Bitcoin wins.
-- Jack Mallers
The Real Trojan Horse: How America's Debt Machine Is Secretly Fueling the #Bitcoin Revolution.
It’s a bottom-up, emergent phenomenon. It’s the silent, invisible hand of the market responding to the failures of the fiat system.