Bitcoin Is Driving Autonomy Over Authority

    Part I: Bitcoin As A Tree, Persistence And Deep Structures

    A Reverie

    Perhaps if I had been more brazen, the title to part one of this series would have ended up as something more tantalizing, something punchy like “Bitcoin Is A Palm Tree, And Fiat Is A Coconut.” But for better or worse, such a title felt saturated with a bit too much levity, too tropical and trivial for such a weighty topic.

    In truth though, the palm tree imagery would have actually been a very accurate allegory of how the bitcoin and fiat roadmap will evolve as we progress further into the 21st century. A royal palm, roystonea oleracea, bobbing feverishly in a torrential squall, though never ceasing to retain a firm grasp to its roots deep under the soil. And as with any storm, the only Darwinian necessity for this tree is one of survival, to ride out the tempest as unscathed as possible.

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