The Bitcoin Gray Paper

What is Bitcoin?

All things are in a “constant” state of flux, all things change constantly nothing stays the same. It might take some perspective adjustment in order to capture the change but everything changes all the time. Everything breaking, evolving, eroding, vaporizing no matter how all matter and data forms never stays the same.

From our daily life point of view, things seem to be constant. Our buildings and roads, rivers and mountains, seas and stars look like stable forms that keep on being themselves, but, this is just an illusion. Nothing stays the same, change is always upon everything everywhere.

Is Bitcoin what?

Look around yourselves and be aware of all the thing that exists paper clips, shoes, the smell of rotten apple, governments and ‘Nvidia jetson nano’ they are all part of the category “things that exists” In contrast to this category lays the category of “things that do not exist”.

Sometimes some people take something from the “things that do not exist” category and move it into the “things that exist” category those people are Inventors.

A new invention can come to be by careful planning and hard work or by luck and mistake, most of the time a combination of both. So most of the time inventors cannot realize the uses of their invention or even not realize the essence of their invention in the time of their eureka moment.

When Alfred Nobel invented the dynamite he thought he had invented a powerful mining accessory. Well, I don't think he was thinking of mining the living tissues of enemies. So what the main essence of what is dynamite evolved throw time.

Satoshi Nakamoto did not realize his invention and this is why there is a lot of misconception about what bitcoin is.

In his white paper Nakamoto states his invention - bitcoin - is an electronic cash system, well, he was wrong.

What Bitcoin is?

Physical materials, are they really real?

Are elementary particles a basic pieces of hardware or are they a class of software running on yet a more primal system?

I mean, does materials are hardware or software? I don’t know, but there are some hard and strong materials out there.

Take stones, for example, they are hard, when things are written in stone those things are permanent timeless unchangeable, unless, you get a hold of a hammer. Oh, so what about iron, No, iron gets rusty. Diamonds then, now diamonds are shit hard. Yes, but, E=MC².

It seems that no physical material is hard enough for permanent timeless and unchangeable things to be written on.

What is a material? I don’t exactly know but I know what is the hardest material. A material that if you write something on it nothing, I mean, nothing, nothing except the end of us all could erase or alter it in any way.

It’s a new kind of material from a new class of materials it is called the ‘Bitcoin Ledger’. After This thing gets its shape it will not change over time. It’s the only thing that doesn’t change over time. A huge amount of energy is used to guard so little data, guard it against the inevitable change of everything.

So you say bitcoin is not Money?

Exactly, all monetary features of bitcoin have one purpose only which is to keep the bitcoin ledger unchangeable. Without it, there is no way to arrange the web on incentives that operates all those bitcoin agents who keep the bitcoin ledger safe from change.

Bitcoin is what?

Now, let me tell you, from one bitcoin agent to another, this bitcoin ledger thing is the HARDEST fucking material EVER.

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