2min chapter

Bankless cover image

The Future of Bitcoin with Nic Carter, Eric Wall, & Udi Wertheimer

Bankless

CHAPTER

The Teleology of Bitcoin

Bitcoin fundamentalists have a different teleology, theology meaning sort of the purpose of the thing, right? The telos of Bitcoin to them is to mediate monetary transactions exclusively with a preference for the global south. To them, they see things to the lines of sacred and profane. So it's not about Bitcoin having sustainability or accreting a vibrant fee market to them. They just simply care that it's being used for the right things.

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