If no one has a monopoly on truth and violence to enforce dispute resolutions, then everyone does. But if everyone has a monopoly on truth and violence, then no one does. For value exchange, Bitcoin fixes this.
Here’s a video outlining Bitcoin transactions I did a few years ago. I’m thinking of expanding the series. https://youtu.be/IdIEBBG6MQs
The Bitcoin protocol is the first value exchange system in history that doesn’t ultimately require violence to enforce or maintain transactions between participants.
Without doing the work, Bitcoin isn't meaningful. After doing the work it becomes integrated into your thinking. But it doesn't stop there, with Bitcoin there is no finish line.
Is the raw data timestamped? Anyway to see patterns of usage either at a certain time of day, week or month?
#[0] Can't believe its been 5 years since I made this! 😀 https://youtu.be/qtww7A1CmLI