178. Bitcoin History & Future with Tuur Demeester
The Bitcoin Standard Podcast
Bitcoin: The Reformation
In the 1500s, the Catholic Church had a monopoly on basically deciding what happens after you die. With the printing press and with massively increased income from international trade, that monopoly got challenged. And so they in a way, they were protesting the monopoly. That's where Protestantism comes from. The analogy I draw in the report is that right now we have another monopoly that is incurring a lot of cost on society. And so Bitcoin is challenging that. In terms of like the technology, I draw some analogies between how back in the day water was used to defeat large armies such as the Spanish empire. So if you're in the mud and there's all kinds of diseases happening that
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