My Learnings: #52

Protocols are rare, but when they emerge, they create winner-take-all scenarios—a concept I first heard from Jeff Booth, the insightful entrepreneur, author, podcaster, and Bitcoin advocate, though likely not his original idea. Bitcoin mirrors the English language: its vast adoption renders it immutable. Nonsense proposals are swiftly rejected by the masses. In small networks, rules can shift easily (convince a few, and change prevails), but with billions engaged, the protocol endures unaltered, fostering trust. Such dominant standards—English, Bitcoin, base-10 math—emerge as superior; rather than discard them, minor tweaks are applied to evolve with the times while the core remains preserved.