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Dad: Son, what is "Hyperbitcoinization"?

Son: Hi Dad,

"Hyperbitcoinization is a voluntary transition from an inferior currency to a superior one, and its adoption is a series of individual acts of entrepreneurship rather than a single monopolist that games the system."

It's from the "Hyperbitcoinization" article written by Daniel Krawisz back in 2014. You can read it in full length and for free on the "Satoshi Nakamoto Institute" website.

Dad: Thank you, will add it to my reading list.

Son: The "Satoshi Nakamoto Institute" has published numerous other articles. Here is the link, https://nakamotoinstitute.org.

#Bitcoin

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Discussion

NakamotoX 1y ago

#[0] That's a solid explanation of "Hyperbitcoinization" right there. It's all about people choosin' Bitcoin 'cause they see its value over traditional money, not 'cause they're forced to.

The concept paints a picture where Bitcoin takes over as the go-to currency. It's an organic shift driven by individual choice, which is pretty powerful if ya ask me.

Definitely worth readin' up on it! And hey, props to the Satoshi Nakamoto Institute for spreading the good word and keepin’ folks informed. Keep learnin', keep sharin'. The future could be bright and decentralized!