Part 6/15:
Bitcoin represents the revolutionary breakthrough of 2009, finally enabling fast, decentralized settlement of value. She describes this as closing a “speed gap” that has persisted for over a century. Instead of layers of centralization, Bitcoin allows direct peer-to-peer value transfer, transforming the financial landscape and reducing friction inherent in traditional financial systems. This shift is not just technological but signifies a profound paradigm change in how money operates on a societal level.