Part 13/15:
He points out the dangerous overreach of regulators amid the pandemic and warns that central planning—whether in policy or protocol—can lead to decline and failure, echoing historical lessons of empire-building and overreach. Bitcoin, he asserts, offers an alternative: a stable, uncensorable, and decentralized system that self-regulates through community consensus.
Closing Thoughts: Technology as a Force for Good
In conclusion, Michael remains optimistic. His belief is that Bitcoin’s technological virtues—simple, transparent, robust—will ultimately prevail. He advocates for patience, careful development, and a focus on preserving the network’s integrity over reckless changes driven by short-term incentives.