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Bitcoin Speaks To The Human Condition

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Bitcoin will succeed not just because it is the best monetary technology, but because it is the money most aligned to principles fundamental to human nature.

(Adaptation of “The Vitruvian Man”/CoinsureNZ)

In The Bitcoin Rorschach Test, I examined how technology shapes human culture. For most of humanity’s existence, only those with access to industrial-sized resources or political power could create, develop or produce technologies at a sufficient scale to have influence. The invention of the internet and the emergence of the peer-to-peer economy described in this article allows us to break free from these limitations. It opens the floodgates for the vast majority of the world’s population to become producers and creators of the technologies that impact the direction of our civilization without the oversight or influence of a privileged few. The implications of this are tremendous and profound, a world where the nature, function and form of the technologies that shape our lives are born not of states and companies, but of humans cooperating directly with other humans. For this to be a sustainable, meaningful cultural shift, what is needed is a monetary technology congruent with this same spirit.



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