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Bitcoin is like a Mushroom
kek
Bitcoin appears superficially simple at first glance, however true understanding is difficult. Observers are easily seduced into making hasty assumptions. Competing narratives make it even harder (digital gold, fintech revolution, etc).
“What is bitcoin?” Like Fungi, bitcoin is a super-organism adapting to environmental stimuli, it unlocks stranded resources through PoW, absorbs proven competitor's advantages, and occupies a similar ecological role: the immune system.
Fungi are predominantly made up of “mycelium” - an underground decentralized intelligence network described as “earth’s natural internet.”
When conditions are right, fungi produce mushrooms which release spores (seeds) that attempt to colonize life nearby.
Fungi are fascinating:
-Largest organism on our planet is a fungal network (honey mushroom)
-Best chemists on our planet, they produce much of our medicine
-Trees cannot survive w/o underground fungal allies
-Around for 1.3b years
-Can save the bees
Fungi don’t have central “brains,” they’re decentralized networks distributing information + resources. These fungal networks form consensus on resource mgmt, reproduction, and defense strategy. Nice parallel w/ "Bitcoin as a social contract"
Bitcoin is 10 years old, however the decentralized network archetype is much older. Fungi (mycelium) began leveraging similar networks 1.3b years ago. This makes the advent of decentralized money seem less novel and more inevitable.
Fungi are the most successful species on our planet. They “inherited the earth” after all 5 mass extinction events on our planet. WHY? because fungi are antifragile decentralized networks + can adapt quickly + don’t need sunlight to survive + find their own food.
Tl;dr can someone summarise
Bitcoin will become the most successful monetary specie because it's decentralized, adapts (relatively) quickly, finds its own food (unmet demand), and doesn't need government support. In the event of a mass monetary extinction event, bitcoin will "inherit the earth."
Ye, what this guy said
She's got all the room for you to mush, user
Thnx mate
You didn't need to go so far as a mushroom analogy to point out that currencies suffer when there's too much printing and thrive when they're perceived as a store of value (but still widely available enough to conduct everyday trade). With the dollar printing maching going BRRRR there is no good store of value left (good luck finding enough physical gold to cash out all the dollars you might have, and good luck preventing real estate confiscation by the state), so it is inevitable that bitcoin and crypto in general will replace the dollar (and dollar denominated financial assets) as the mainstream store of value. As more and more "dissidents" are prevented from using mainstream financial services (see "bad guys" being prevented from using paypal, patreon, etc), more and more of them will start accepting and using crypto, which drives more and more adoption. Smart contracts and kleros court can RIGHT NOW replace patreon. The only reason they're not being used currently is because they're not being shilled to "creators".
i dub you mushroom bro