bitcoin civilisation. under the same concepts of
stone age civilisation
iron age civilisation
bronze age
gold era
where by a large community functions and works and survives on the mineral(asset) of that era
but for bitcoin to become that centred around peoples lives, doesnt happen with just hype and hope.
yes if a metaverse of online shopping, communicating and socialising becomes relient on bitcoin to function/survive. then yes a bitcoin civilisation can occur.
but it has to be life affecting and not just the economy.
EG the british empire had laws and work and social functions it was not just about the pound
but bitcoin is not going to be the 'one world' currency. and in many ways it shouldnt
it should be a OPTION/choice as an escape/safetynet if other currencies fail.
yes we can see some bitcoin nations. but a whole civilisation is a stretch too far.
and the funny part
you promote a bitcoin civilisation....... but then want to break away and make your own blockchain..
sorry but another altcoin is not helping bitcoin. its moving away from bitcoin
maybe try to think of ways to build WITHIN bitcoin. rather than making a separate network(nation/civilisation)
its like saying "i support a US dollar civilisation.. so lets make euros instead"
or "i like the british empire. but i want to make the ottoman empire instead"
franky1, thank you again for your wonderful reply. It can be said that you are one of the people in the entire forum who knows the "bit civilization concept" most clearly. In response to the questions you raised, I would like to explain my understanding again. I hope that we can gradually reach a consensus in the exchanges.
1. In my opinion, the crypto world in the future must be a world of 10,000-chain inter-chain, not a world with only one main chain of Bitcoin. The Bitcoin main chain is linked with other blockchains, but the Bitcoin main chain is the king of all chains and plays the role of the value center. Only in this way can it be possible to form a complete human civilization;
2. Although there are many chains, these core chains must also follow the true Bitcoin idea and Bitcoin spirit. The most basic one must adhere to the idea of decentralization. This is what I have always emphasized. The important thing about Bitcoin is not only the currency itself, but more importantly, the ideas behind Bitcoin. Decentralized thinking. As long as a main chain conforms to the complete decentralization idea, it belongs to the bit civilization.
3. Some main chains have a direct relationship with Bitcoin, and some main chains have no direct relationship with Bitcoin. But as long as it conforms to the idea of decentralization, it is part of a new civilization. In my opinion, ideological guidance is always the most important.
4. Bitcoin's consensus is very strong, but very fragile. Because it is difficult for us to make very big changes and developments on the basis of the Bitcoin main chain. Because a slight change may trigger a fork and cause the consensus to be broken. Therefore, Bitcoin mainly played a role as a store of value in the original bit civilization. Use the value of Bitcoin as an anchor to issue other currencies in circulation. At the same time, let's take WBTC as an example. What is the relationship between WBTC and BTC? WBTC is issued on the Ethereum main chain, can we say that it is not BTC? It is equal to the value of BTC. WBTC has gradually become the largest Bitcoin anchor currency, transferring the value of Bitcoin to the Ethereum main chain. Now its biggest problem is that it is not sufficiently decentralized, and there are still some potential risks.
5. Bitcoin is not only a currency that changes the human economy, but more importantly, it will definitely change people's lives. Here, what changes people's lives is only Bitcoin currency itself, but the ideas and concepts that Bitcoin represents. Still decentralized thinking. More and more DeFi projects are being born, NFTs are constantly changing human art, and more and more DAO organizations are emerging. As long as they adhere to the real decentralization idea, they belong to the bit civilization.
6. As I said earlier, in the future I will also develop a completely independent main Rainbow Public Chain, but the core role of this public chain is not to be separated from Bitcoin, but to be fully integrated with Bitcoin. Through the role of the Rainbow Bridge cross-chain bridge, the value of Bitcoin is transferred to another chain, allowing Bitcoin to act as a value anchor. Of course, this process must be completely decentralized and permissionless. There are big technical problems here. We hope that after the Bitcoin Taproot upgrade is completely completed, we can provide a reasonable solution for the new algorithm.
7. So the "bit civilization" I describe here is not the civilization of a main chain of Bitcoin, but the entire encrypted world that conforms to the idea of Bitcoin decentralization.