Part 7/15:
He describes Bitcoin as an open protocol akin to email, which functions as a permissionless standard for transferring scarce value, immune to arbitrary government or corporate interference. It offers a long-term store of wealth, especially beneficial for populations in unstable or authoritarian regimes where traditional banking is compromised.
Peter, recognizing Bitcoin’s technological strengths, views it more as an economic and political project—a tool that can strengthen democracy if integrated thoughtfully. He emphasizes that Bitcoin’s monetary policy—fixed supply, algorithmic rules—is non-political, making it resistant to manipulation, unlike fiat money controlled by political actors.