“Bitcoin bridges two paradigms: the traditional financial paradigm, focused on clearly defined 1:1 financial transactions, and a new paradigm, in which non-financial data is layered on top of financial transactions. Bitcoin transactions include shared social values layered on top of the financial transaction mechanism. The social values encoded in the DNA of Bitcoin are DIY, peer-to-peer, distrust in government and central banking systems, technology elitism, and anonymity. Buying something with Bitcoin can be construed as an act of financial activism —not just a purchase.”
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