Fermentation is an intriguing process. It is gradual. Except for a stray bubble that emerges now and then, nothing seems to be happening. Until late in its operation, it is unimpressive. And yet it has a cumulative power that creates and transforms. As Michael Pollan, who writes insightfully about food, observes, “A ferment generates its own energy from within. It not only seems alive, it is alive. And most of this living takes place at a scale inaccessible to us without a microscope.

-Alan Kreider’s The Patient Ferment of the Early Church

#Bitcoin is a patient ferment.