Bitcoin is a Force of Nature

[hazenyc]

Unfortunately that's not exactly true.
Recently due to mining farms being controlled by few powerful individuals and the whole system of Whales there is a huge wave of Centralization in the system. The governmental bodies are also taking their share and what it was in the past and what it is right now have significantly changed.
Even though you might want to see bitcoins as a force of nature or something. It is a purely man made system, which is still despite such nuisances way above the current Centralized system. I do think the real question here is " How can we expect it to maintain the decentralization with mass adoption?"
Then only will your ideal system be true.

This tendency is probably going to be the case forever. No matter how you set up a system and for what architecture you go, if the system is of relevance it is almost invariably gravitating towards those with money and power. That is almost like a law of nature even though I hate that myself. There is indeed a degree of centralization but with one decisive difference in comparison to other systems: those who want to maintain that power also need to spend considerable resources in order to be able to do so. They have real skin in the game and there interests should be aligned with the best course of action for the network as a whole.

[1714861747]

1714861747

[1714861747]

1714861747

[1714861747]

1714861747

[1714861747]

1714861747

[1714861747]

1714861747

[sapnu]

Coming from a currency that was made artificially, I don't think it is accurate that we consider it as something coming from the nature. Bitcoin harms the nature, that's the real statement. From the fossil fuel being used to mine it to the energy consumption that may keep on rising in the future, bitcoin is a nature destroyer if not solved properly. It is indeed a new life form that was brought to life by many who believed in it but including it as a part of nature is just absurd. We can still keep on showing our support without making up things about it that is not true from the very beginning.

[hazenyc]

Coming from a currency that was made artificially, I don't think it is accurate that we consider it as something coming from the nature. Bitcoin harms the nature, that's the real statement. From the fossil fuel being used to mine it to the energy consumption that may keep on rising in the future, bitcoin is a nature destroyer if not solved properly. It is indeed a new life form that was brought to life by many who believed in it but including it as a part of nature is just absurd. We can still keep on showing our support without making up things about it that is not true from the very beginning.

You could view OPs statement from a broader perspective. Bitcoin might not be a direct product of natural processes, but it might be a logical consequence given the evolutionary biological tendency of human nature to cooperate and coordinate. How would we do that on a global scale without a global currency? A bow and an arrow are not a direct product of nature, but of the human brain and its ability to invent stuff in order to live up to the species' potential and capacity.