Quote from: Findingnemo on August 10, 2021, 03:16:09 PM

Quote from: RainbowKun on August 10, 2021, 09:41:47 AM

snip~
Yes, in my opinion, many people don't know how Bitcoin works, but they are still using Bitcoin. Here, I share some deeper knowledge in order to communicate with you in different knowledge systems. Regarding the technical issues of Bitcoin, there are already many experts here, and they are all selflessly helping everyone in the forum. When I write these articles, I am more inclined to think from philosophical thinking. Although it is difficult to understand many times, I think these thoughts are still very valuable.

Lets keep the forum members aside, have you every thought teaching about bitcoin to someone who you know personally, if you got success then you are helping with the adoption. Even I do it sometimes but most of them refuse my statement and they will simply call bitcoin as fake money and it is going to zero even many economical experts used to say that.

Yes, for the past three or four years, I have been introducing Bitcoin to my friends. And helped many friends to buy Bitcoin for the first time. However, most of my friends did not insist on holding Bitcoin. Some friends sell it when they make a little money, and some friends sell it when they lose money. When I gradually understood this, I found that it is difficult for me to help others make investment decisions. Because no matter what causes them to lose money, they will complain on me. In my opinion, the main reason is that they don't understand Bitcoin, they don't have a system to learn Bitcoin, and they don't understand the logic of Bitcoin's long-term appreciation. This is why I write these articles now, to share the underlying logic and philosophical thinking of Bitcoin with more friends.

My first article recorded these experiences of mine, you can read it directly:
Bitcoin is not just a currency, but represents a new human civilization

https://bitcointalk.org/index.php?topic=5346930.msg57358177#msg57358177

Quote from: Hydrogen on August 10, 2021, 11:39:27 PM

It might be fair to say: if centralization is a monopoly, decentralization trends nearer to a free market system.

There were many news stories and publications criticizing big american tech for being monopolies. Centralization enables monopoly. If it is true that many negative circumstances are endemic to monopoly. Then these criticisms may also extend to centralized monolithic formats. In that vein, decentralized design could be considered a hedge against monopoly and centralization.

Spheres of influence and control in bitcoin are decentralized in such a way as to make centralized control difficult to attain. The majority of crypto mining could be centralized in china. But that wouldn't be enough to give china complete control. Core developers have a great deal of influence, but its not centralized enough for their perspective to be the only one deemed relevant.

If monarchy is centralization. Decentralization could trend nearer to being a republic. Or format of democracy.

Yes, I fully agree with this. If monarchy is centralization. Decentralization could trend nearer to being a republic, Or format of democracy. In my opinion, Bitcoin brings us more than just a currency, but more importantly, it brings us a The idea of republic and democracy. It achieves governance through the decentralization of power. In the past of human history, centralization has been implemented to ensure the political system, and it is difficult for decentralization to truly operate. However, blockchain technology was created on the basis of Bitcoin. Decentralized governance can be established through algorithms and mathematics, making decentralized governance possible.