#Bitcoin is a poster child for @nntaleb's barbell.

It is simultaneously hyper local and hyper global. You can store it in your pocket or send it anywhere in the world.

You have 100% control of your bitcoin and 0% control of everyone else's. #Bitcoin is publicly transparent and extremely private.

It provides a small, local economy access to a large, global one--while allowing independence.

It has a decentralized production model (mining) with a centralized outcome (collaboration around one monetary unit).