The surprising connection between German supercars and digital currency.
There are almost no speed restrictions on the German Autobahn highways. The speed at which cars can travel there is limited only by the laws of physics. As a result, the Germans have worked out how to build some of the world’s fastest automobiles. Small cars are quick, family cars are quick, SUVs are quick, trucks are quick, and so on and so on.
They’ve even worked out how to make ultra-safe fast vehicles because no one wants to crash while flying down a highway. Advanced safety systems, such as crumple zones, were pioneered by German manufacturers to make high-speed crashes safer for car passengers.
The lack of speed regulation imposed is what makes German automobiles quicker, safer, and better than those built-in countries where speed limits and safety requirements are set by government decree.
On the other hand, other nations’ engineers will avoid upgrading their cars until they can safely meet the local speed limit. German automobile engineers are increasingly engaged in comprehending and overcoming the problems posed by high speeds, which harm reliability. Aerodynamics, stability, fuel efficiency, high temperatures, stopping, acceleration, and other factors are all taken into consideration. Their controlled peers aren’t interested in these issues, and they aren’t granted any funding to investigate them.
What does this have to do with Crypto?
A lack of man-made laws results in faster, safer and more reliable vehicles.
The same logic explains why Bitcoin may be the greatest financial asset in the world has ever seen. Bitcoin is an engineered type of currency, much as automobiles are an engineered mode of transportation.
Satoshi Nakamoto, Bitcoin’s first engineer, designed it to work no matter what the universe threw at it. He didn’t create it to fit under a series of constraints imposed by humans. As a result, Satoshi’s methods for enforcing Bitcoin’s rules are no less than the laws of physics themselves. Satoshi was not told what laws to follow or how to enact them by the government. Intriguingly, no country can now. Bitcoin’s laws were selected to guarantee that it would continue to function regardless of what happens.
A solid alternative to money.
There are safety and speed targets for Bitcoin as it operates atop global digital networks, just as there are for German cars travelling on the Autobahn highway network. The faster and safer, the better.
The monetary equivalent of safety, which is the security of private property, is provided by Bitcoin. Bitcoin allows its owners to store and trade them on trading platforms like Binance and ChainBit where only the account owner can access them. Bitcoin’s ‘safety is accomplished by storing it behind an astronomically high random numbered security key.
Nobody can be expected to guess or even calculate one of these astronomical numbers where it’s being held for the whole near future of the universe, according to the laws of physics. And even if they turned the whole earth into a gigantic machine that made infinite guesses, it still probably wouldn’t be enough.
What does this mean for us Bitcoin holders*?
If you HODL* satoshis (divisions of Bitcoin/1 million), you can be almost 100% assured that they will not be taken by a thief (or a hacker) who has figured out where they are kept (as long as you generated your astronomically large random number properly). no one can assure you of this, not a politician, not a broker, and no company can assure you of this… Since this relies on the laws of physics, not a single person can assure you of this other than the cosmos itself. Your cryptocurrencies are protected as long as the rules that tie the world together hold.
Who can stand in Bitcoin’s way?
If all of the world’s and the sun’s energy were geared towards accelerating block discovery speed, Bitcoin will “slam on the brakes” within 2,016 blocks at most, slowing the block discovery rate to one every ten minutes. If attempts were made to delay Bitcoin by withholding resources from its miners, Bitcoin will minimize the job requirements within at most 2,016 blocks, essentially “stepping on the gas” to accelerate itself back up to one block being found once every ten minutes.
This is a reality that no government rule will alter. After all, the rules of physics cannot be superseded by government regulations or be capped. No one can say that Bitcoin “has a basic value of zero” or change the laws of physics. As a result, Bitcoin continues to operate uninterrupted, regardless of what someone says of it or wants to do with it. The consistent, uninterrupted operation of Bitcoin is as pure and true as truth itself.
Tougher standards result in more money.
Let us compare the technical contributions of Satoshi and other Bitcoin donors to those of the creators of the incumbent monetary system — fiat money — much as we did when comparing German automobile engineers to their peers in countries with low-speed limits. Regulators, politicians, and bureaucrats set the laws of the fiat regime. These laws can be modified quickly and at any time, by simply changing the dictate.
Although no one can steal or snatch satoshis with any amount of ease, due to the fact that , fiat currency is robbed and confiscated so often that we can’t keep track of how many times or how much fiat money is affected. Unlike Bitcoin, which proceeds to issue currency units in a fixed timeline, the fiat money supply experiences wildly volatile shocks if the people in charge of the scheme wish to change it.
Fiat schemes have still failed in the past. When these mechanisms fail, their money units become useless. The laws of physics do not break, according to science. They are indestructible.
Bitcoin ensures a high level of security (AVG) and will still be in place while depending on the everlasting and unchanging laws of physics. This frees Bitcoin, and most specifically, its users, from having to rely on some transient and fallible institutions such as people, central banks, political parties, and even nation-states.
In the end, it is up to each person to decide if they choose Bitcoin and physics’ durability over fiat money and political confidence. That is a choice between science and politics.
Bitcoin is not in a rush for someone to make the decision.
Bitcoin is eternal, much like the rules of physics.
The content presented in this publication is meant for informational & educational purposes only and you should not construe any such information or other material as legal, tax, investment, financial, or any other advice. Nothing contained in this publication constitutes a solicitation, recommendation, endorsement, or offer by the author/s or any third party/ies to buy and/or sell and/or invest in any financial instruments.