Part 5/14:
This highlights the importance of flexibility and open-mindedness in approaching Bitcoin. It is constantly changing, influenced by technological innovations and social consensus, making it not only a money but also a cultural artifact and an ever-evolving software system.
The Immutable but Evolving Ecosystem
Bitcoin’s resilience hinges on its open-source nature. Developers worldwide contribute code freely, and the system’s security depends on collective consensus rather than central authorities. This open nature alleviates fears about gatekeeping or centralization of influence.