Global Feed Post Login
Replying to Avatar walker

Here’s the tl;dr on why #Bitcoin is anarchy.

Anarchy means “without chief/ruler”, via medieval Latin from Greek anarkhia, from anarkhos, from an- ‘without’ + arkhos ‘chief, ruler’.

Bitcoin is a set of rules, but Bitcoin has no ruler.

Bitcoin is anarchy. nostr:note1qe4dp8zhe0rd7axapf0tnzv2gxak5u64k399k97fvm92eqngmlqsnnsd60

Avatar
Primate 1y ago

Etymology is anarchy because you see how a word got its current meaning (proof of work) without depending on anyone else for an interpretation or spin (proof of stake).

Reply to this note

Please Login to reply.

Discussion

No replies yet.