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Is Bitcoin the perfect money, or is it the worst money that solves the most essential problem, as simply and reliably as possible? In true "New Jersey” style, Bitcoin doesn’t attempt to be everything, it attempts to do ONE thing as beautifully, & as unambiguously as possible.
Don’t forget to check out the original piece with a literal ocean of links and further exploration. If you want to waste 15 minutes, or half a day, there’s more than enough to explore.
As a great (& short) read to accompany this on the “Rise of Worse is Better” philosophy, check out the original post by Richard P. Gabriel below:
For more on the history of Bitcoin, the open source movement, and the “worse is better” design philosophy, I highly recommend the Iterative Capital Thesis on The Cryptocurrency Phenomenon:
By Guy Swann3.5
22 ratings
Is Bitcoin the perfect money, or is it the worst money that solves the most essential problem, as simply and reliably as possible? In true "New Jersey” style, Bitcoin doesn’t attempt to be everything, it attempts to do ONE thing as beautifully, & as unambiguously as possible.
Don’t forget to check out the original piece with a literal ocean of links and further exploration. If you want to waste 15 minutes, or half a day, there’s more than enough to explore.
As a great (& short) read to accompany this on the “Rise of Worse is Better” philosophy, check out the original post by Richard P. Gabriel below:
For more on the history of Bitcoin, the open source movement, and the “worse is better” design philosophy, I highly recommend the Iterative Capital Thesis on The Cryptocurrency Phenomenon:

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