Part 7/15:
He explains how different companies and developers contribute features—such as multi-signature functionalities and hierarchical deterministic wallets—without waiting for permission. These innovations have been crucial in providing better user experiences and anchoring the ecosystem’s growth. Despite setbacks or negative media narratives, Bitcoin's open development process has proven resilient and forward-looking.
By fostering an environment where use increases the value of the shared resource—rather than depleting it—Bitcoin avoids the "tragedy of the commons" that plagues many traditional institutions. Instead, it embodies a "festival of the commons," where collaborative effort enhances the entire ecosystem’s value.