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Friday 19 May 2017

Intellectual Centralisation

I'm starting to get the feeling that in the future wizards type characters of our fantasy novels may actually come to be. Sorcerers of code and finance, shamans which future minions will come to to fix tablets and robots, for life advise and for mystical financial support.

With the lightning network We are adding layer to bitcoin, something that most people already struggled to understand. I didn't make it through the lightning networks white paper, The bitcoin white paper in comparison could be read to a four year old as a bed time story. For me the lightning network might have to remain in the magical category. That is like the mysterious inner workings current global financial system or how the hell i swipe the eftpos card and then the shop owners lets me take stuff. Where before bitcoin was fully explainable I think the lighting network will remain in the to hard basket "Don't worry it just works".

We don't want bitcoin and crypto currency as a whole to be come to become to complex, because in a way that would make it like the financial system it is built to replace. The progression of programing and the growth of the market is a natural force of intellectual centralisation. Though necessary, the mechanics of this kind of programing are beyond the general public. We need to actively resist complexity and the lack of education or it intellectual centralisation will inevitably happen.

Some bitcoiners love to show off their knowledge when discussing and explaining bitcoin, but this excludes some people from really participating. This defeats the dencetralised ideals on which bitcoin is supposed to be founded. Many new buyers of bitcoin are completely unaware of how it really works. Others feel that its not worth trying to understand. The concept of transaction fees rising, in itself can be confusing. That's not to mention quantum physics, string theory, micro processors, AI, interstellar travel and the big ban that us nerd talk about at bitcoin meetups. We don't want people to feel excluded from a global revolution because they think that they are not smart enough.

Old bitcoiners dream about the Higgs Boson and Astronomy whilst they HODL their millions, but many new enthusiasts don't have a clue. I'm not sure we want to impose nerd culture on the general public we need to ease them into a full enlightenment.And without coming across cultish, its a fine line. I'm a fan of keeping bitcoin as simple as possible and not blowing nubies minds when we explain to them "how bitcoin works", the price lately is enough to do that.







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