Replying to Avatar Lyudmyla Kozlovska

#Bitcoin is built on a consensus “trust but verify”, or Proof-of-Work.

Bitcoin was created to defend human rights & to RESTORE TRUST, because authoritarian governments systematically abuse trust, abuse power and weaponize banking data.

It is so easy to label with false claims #freedomtech when you enjoy privilege of western world as @harari_yuval and don’t need to use Bitcoin as the only tool against financial transnational repression.

Avatar
Inactive 1y ago

Yuval’s got it backwards. #Bitcoin enables the trust and cooperation central to his #Sapiens thesis to reach higher levels and more sophisticated human development compared to #fiat (just like money improved cooperation over barter).

Reply to this note

Please Login to reply.

Discussion

Avatar
Inactive 1y ago

With #fiat, I need to know which government’s money I am using, what its value is compared to other currencies, whether the government is solvent, etc. None of that with #Bitcoin. The Ledger attests.