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Wednesday, May 18, 2022

Bitcoin Is The Singularity – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides


The Center Cannot Hold: 8

Bitcoin is singular. The word singular refers to just one instance of an object or occurrence. A secondary definition of the word describes that oneness as remarkable or outstanding. A singular beauty, for example. A singular individual might also be described as unique.

Bitcoin is a technological singularity by both definitions of the word. It is unique. There is only one Bitcoin network. There is no other distributed network of digital money, property, and energy, that has the guarantees that Bitcoin offers, that is also immune to capture or forfeiture by governance. As to the second definition, it is precisely this singleness of purpose, this guarantee to property, that sets Bitcoin apart as remarkable or outstanding.


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