Part 9/11:
An Emerging Parallel Internet and the Concept of Bit Power
One of the most intriguing insights from Lowry’s thesis is the proposal of a “Bitcoin internet” that operates alongside the traditional internet. In this framework, Bitcoin not only serves as a transactional medium but evolves into a platform for uniquely secured forms of information that resist manipulation.
Lowry provides a vision of the future where protocols built on Bitcoin could enable a metaverse free from the control exerted by current internet giants. Concepts such as ordinals and decentralized applications find relevance as tools that tap into the power assertions enabled by Bitcoin’s proof-of-work design.