Post
Topic
Board Bitcoin Discussion
Re: What is Bit Civilization?
by
RainbowKun
on 12/08/2021, 02:39:48 UTC
I believe that at current rates of adoption and usage, it's a bit of a stretch to talk about Bit civilization. A civilization doesn't need to encompass all humanity (in fact, they're often local), but it needs a community on a common territory that produces something different from others and doesn't limit its production by things of great utility. I'm not sure that it can work digitally and still be of enough significance to be called a civilization, and if we're talking about humanity as a whole, 1-2% of 'active members' scattered around the world is definitely not enough.

Yes, in terms of the current global adoption rate and usage rate of Bitcoin, the concept of bit civilization is still relatively reluctant. Because Bitcoin's current influence is far from reaching a level of civilization. Here, I propose the concept of bit civilization, which is to propose a direction for the development of Bitcoin in the next 20 years. Build a brand new civilization around Bitcoin. The currently prosperous crypto world is the predecessor of the bit civilization. DeFi has begun to transform traditional finance in an all-round way, NFT has enabled the art market to become active, and governance on the encrypted chain is beginning to be adopted in more and more fields. The embryonic form of these bit civilizations. When the blockchain continues to transform the traditional world, a brand new human civilization will be born.