sipa changed the topic of #bitcoin-wizards to: This channel is for discussing theoretical ideas with regard to cryptocurrencies, not about short-term Bitcoin development | http://bitcoin.ninja/ | This channel is logged. | For logs and more information, visit http://bitcoin.ninja
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<tttttt>
hello
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<Monnik>
Anyone home?
<Monnik>
Figure I would share the following here. The thought just popped into my head just now, and it was not the first time it did, so time to pin it down
<Monnik>
First, I see the highest abstraction of what Bitcoin is, as a consensus network
<Monnik>
And the most basic consensus, beside the accounting of all the tx's, is order
<Monnik>
The sequence through time, one after the other
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<Monnik>
Basicly, Bitcoin is a global clock
<Monnik>
on which we can all agree what time it is, but also in what order time was
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<Monnik>
But what is the significance of clocks, and the consensus on time?
<Monnik>
We build towers with big clocks on them
<Monnik>
with big bells in them, to alert everyone on what time it is
<Monnik>
Some people are concerned about the energy use of Bitcoin....but what on earth pushed us to putting all that effort into making giant communal alarm-clocks
<Monnik>
We have a reasonable understanding of the significance of clocks and the consensus of time, we have been working with it for a while now
<Monnik>
ever since the end of the middle ages.....around the early modern period, where we saw big advancements in time-keeping devices.
<Monnik>
But ofcourse sun and moon where always there. In any event
<Monnik>
I suggest this approach to 'understanding' Bitcoin
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<Monnik>
Not in its pure technical definition as explained by the code, or drawings of its network architecture
<Monnik>
But in its significance towards human society
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<nsh>
#bitcoin
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