9: Bitcoin is not just money. Bitcoin is not just a blockchain.

Let me ask you a question. For Apple users, if your iCloud is broken, what do you do? Who do you turn to?

You go to the Genius Bar, right? Or, you call Apple support?

Is it safe to say, you are probably not going to your local meteorologist just because “cloud” is in the name?

The same thought process can be applied to bitcoin, just because “coin” is in the name does not mean professions involved with money know how to value bitcoin, answer what it is, or tell you what you should/could do with it. Similarly, just because “bit” is in the name, does not mean that only computer scientists could answer all those same questions as well.

Bitcoin is money, but it’s also so much more than money. Bitcoin is the first blockchain, but it’s also so much more than just a blockchain.

So, what’s my point?

• Names are arbitrary. Bitcoin has the unfortunate reality of having “coin” in the name. 

• “no one economic or financial model has been shown to be a reliable indicator of bitcoin’s value in the economy, or has been reliable in predicting its value to the market.” - CoinDesk

• Yet, we rely and place value on the opinions of those in the current system, which bitcoin will effectively replace. 

• So, who should you turn to for advice on bitcoin? Certainly not most* economists. 

Bitcoin incorporates/ teaches:

🏦 law

🔢 math

⚡️ energy 

⚛️ physics 

🪖 history

💵 finance

💰 money 

🏛️ politics 

📈 economics

📏 engineering

♟️ game theory

✊ human rights

🌍 macroeconomics (Austrian)

🖥️ computer science & cryptography

🧠 cognitive science, philosophy & psychology

🛐 religion

🫂 community

🙏 hope

⚖️ truth

🧡 love

🧠 critical thinking

📏 problem solving

….and the list goes on and on. Whatever your interest is, I’m 99.99% positive there is an application to Bitcoin.