Bitcoin: Sovereignty & Independence

This book combines Knut Svanhom’s first two illuminating bitcoin books: Sovereignty Through Mathematics and Independence Reimagined.
Re-edited. Re-designed. Re-hashed.

All human interaction can be defined as trade. Yes, all human interaction. Every time a human being interacts with another, an exchange takes place. In every conversation we have, we exchange information with each other.

Even the most trivial information is of some value to the other person. If information didn’t have any value to us, we wouldn’t talk to each other.

—

Absolute mathematical scarcity achieved by consensus in a sufficiently decentralized distributed network was a discovery rather than an invention.

It cannot be achieved again by a network made up of participants aware of this discovery, since the very thing discovered was resistance to replicability itself.