Too Long; Didn't Read
<span>W</span>hat is Bitcoin? Such a simple question, such a variety of answers. A correct answer would be avoiding the question and answering it at the same time — what Bitcoin is depends on who you’re asking. To many people this isn’t a very satisfying answer. Surely there must be someone who <em>knows. </em>No, sorry, there isn’t. There’s no authority in Bitcoin because Bitcoin is not about authority. Bitcoin is the <em>antidote</em> to authority. It is whatever we, the community, decides that it is. As long as we can agree to do nothing to it unless we all agree, it will stay the same as it was the day before. <em>This</em> is why it’s so precious and valuable. It refuses to change prematurely. We all need to think it’s a good idea to change it before it changes.