Every previous money needed trust:

• Trust the king

• Trust the bank

• Trust the institution

• Trust the ledger-keeper

Bitcoin flips it:

Legitimacy comes from thermodynamic cost, not authority.

Guys, you'll enjoy this Read as much as I did 🔥

Listen to Read 916 - The Thermodynamic Monetary Transition by Shanaka Anslem Parera on Bitcoin Audible, available on all major platforms:

🔗 Fountain:

https://fountain.fm/episode/4rOS9cWPXvJkFB36VIMy

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