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Back in college, starfish carried a negative connotation. It was a sexual reference for a girl (or guy) who wasn't very good in bed. "She just kinda laid there like a starfish." Hahaha. Happy Monday morning! Over the weekend, I was reading a book titled "Exploiting Chaos." There was a section in the book titled "Become Leaderless." The book was written back in 2009, so there was no mention of bitcoin. Bitcoin was only known by select few at this point. But it perfectly describes the bitcoin network. The bitcoin starfish. "When you pull off the arms of a spider, it dies. In contrast, if you rip off the arms of a starfish, you'll get five new starfish. This happens because the starfish have decentralized nervous systems." Like a starfish, the bitcoin network is decentralized, united by ideology and a common set of rules. If you attack one arm, it grows back even stronger. We have seen this time and time again with bitcoin. And it HAD to be this way. Yes, bitcoin is a revolutionary technology - maybe the biggest innovation the world has ever seen. But if it wasn't decentralized, it could be stopped. Bitcoin has some pretty significant competition - the central banking system. And we've seen many great technologies squashed over the last century by powerful competition. You cannot stop bitcoin. There is no head to chop off. This is why we are starting to see both corporate and nation state adoption. They have tried attacking bitcoin for 16 years. Negative media coverage. Government threats. Mining bans. Exchange hacks. New and "improved" competitors. All have failed. Not only did they fail, but they made bitcoin even stronger. The size of network, bitcoin adoption, and the price in fiat terms have all continued to rise - despite these attacks. And every person, company, or country that joins the bitcoin network will make it stronger. Keep in mind bitcoin is just a protocol. It just kinda lays there, and lets everyone else do the work. Very starfish like. --- PROJECT POTENTIAL - You can now find the expanded audio versions of these on the new podcast - Project Potential! I will be sharing the video versions here for the LITF members but you can also find it for free on Spotify and of course Fountain! Here is the link to Episode 007 on Fountain: https://fountain.fm/episode/zSoJf6TLjkkMDhpokw4T --- Have a great day everyone! And remember, the only thing more scarce than bitcoin is time! Jor