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1/ If central bankers stayed in their lanes and governments didn't weaponize currencies... there would be little need for Bitcoin.

yet, here we are...

“Complex systems are weakened, even killed, when deprived of stressors.”
@nntaleb
2/ Bitcoin is optimized for survivability/durability.

Competing for the immense privilege of money production necessitates a defensive posture.

Relative to all other monetary technologies, Bitcoin is an extreme example of an antifragile system.
3/ In the short term... it's easy to assume optimizing for survivability holds bitcoin back.

"why don't we just add more op codes, increase block size, add Confidential transactions"

Tempting, but the risk to undermine bitcoin’s assumptions is too great.
4/ fragility scale

Extremely fragile = centralized planning (central banking, monocrop)

Moderately antifragile = minimal governance, mostly emergent (Ethereum, permaculture)

Extremely antifragile = emergent complex system, extreme decentralization, (bitcoin, old growth forest)
5/ Antifragile systems gain from chaos.

Bitcoin has unique properties, ie: censorship resistance.

Assuming chaos/uncertainty is increasing, bitcoin is poised to serve its purpose... be money when no other solutions suffice.

Chaos is up and to the right
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