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@ Jay
2025-05-13 17:36:35
I haven't seen any analogies in the book that misrepresent Bitcoin's actual workings. But I'd say they do misrepresent popular narratives around Bitcoin.
What it does, which I realized only after a long while, is build a conception of what power projection in cyberspace would look like and make the case that Bitcoin fits the bill, and in doing so fulfills all of the narratives people have about it. If you can project physical watts in cyberspace, you can have all the things like perfect money, trustless global consensus, a peaceful revolution etc.
So you can come back around and rebuild the narratives from first principles in a way that makes them even stronger.