You're right that #Bitcoin functions on a set of core principles that are designed to be transparent and accessible. Here's a breakdown of your points:

Simple Rules:

• Bitcoin does rely on a defined set of rules encoded in its protocol software. These rules govern things like transaction validity, block creation, and overall network function.

• Compared to traditional finance, Bitcoin's rule set can be argued as simpler due to its decentralized nature.

Transparency and Fairness:

• All Bitcoin transactions are publicly viewable on the blockchain, promoting a level of transparency absent in some traditional financial systems.

• Fairness is achieved through the distributed ledger technology, where all participants agree on the state of the network.

Empowerment Through Decentralization:

• By removing the need for central authorities, Bitcoin allows individuals more control over their finances.

• This can be particularly appealing in regions with less trust in traditional financial institutions.

Keep in mind

• While Bitcoin offers advantages, it's important to consider its limitations.

• The immutability of transactions (meaning they can't be reversed) can be a double-edged sword in case of errors or theft.

• Bitcoin's volatility can make it a risky store of value.

Overall, Bitcoin's core principles do align with a desire for a simpler and more accessible financial system. However, it's still a developing technology with its own set of trade-offs. #BTC