Bitcoin is Forever
The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime – Satoshi Nakamoto, creator of Bitcoin This goes against the more well understood motto of technology startups: “move fast and break things.” Unlike a startup, or even a big company, Bitcoin doesn’t move fast, or break things. Of course, I am not talking about its price as measured in USD or INR. I am talking about the entire Bitcoin system, or Bitcoin, the protocol. Bitcoin is stagnant, ossified, set-in-stone, resistant-to-change, and any number of such synonyms you can look up in a thesaurus. There are a few obvious questions that come out of this: ...