Bitcoin: Law Without Priests
Bitcoin is law without priests: a peer-to-peer electronic cash system where proof beats trust. Proof-of-Work converts energy into security, chaining blocks into an unforgeable history. Nodes (not rulers) enforce fixed rules—21M cap, halving, valid signatures—while miners compete for block rewards and fees. The result is permissionless, censorship-resistant, final settlement that makes money borderless, sovereign (via private keys), and independent of policy. Time becomes law; inflation games end.
