Part 5/15:
- Works on principles of network neutrality: Mirroring the foundational design of the internet, Bitcoin embodies openness, censorship resistance, and permissionless innovation.
He compared Bitcoin's innovation to foundational internet protocols like TCP/IP, emphasizing that the true value lies in openness and global accessibility, rather than just the underlying blockchain technology alone.
The Power of Blockchain as an Internet-Style Innovation
A core message was that blockchain is comparable to the internet in terms of its disruptive potential. Just as the internet's transformative power stems from its openness, decentralization, and ability to foster innovation without gatekeepers, blockchain offers similar characteristics for finance.