Is Bitcoin Part of the System?

– Part 4 of 7 –

Many people automatically associate anything digital with control — and that is understandable.

Because that is exactly how most of the systems we use in everyday life are built.

But not everything digital works the same way.

Many people say:
“Bitcoin is digital — so it must automatically be part of the system.”

I understand where that idea comes from.
Because we have been taught:
Digital = control.

But that is exactly where the decisive difference lies:

Not everything digital works the same way.

This is how the existing system works:

• centrally managed
• controlled by a small number of actors
• your access can be taken away

Bitcoin works differently:

• decentralized
• no central point of control
• no one can simply freeze your funds

That is not a minor difference.
It is a completely different principle.

And there is something else:

The difference is not just in the technology.
It is also in the way something comes into being.

Central bank digital currencies are introduced from the top down.
Bitcoin is used voluntarily.

One is about control.
The other is a tool.

And a tool is always neutral.

The question is not:
“Does Bitcoin exist?”

The question is:
How do you use it — or do you choose not to use it at all?

More in this video:

The complete series: Bitcoin – Staying Capable in Uncertain Times

• Part 1 | Bitcoin – Staying Capable in Uncertain Times
• Part 2 | Bitcoin as a Tool for Crisis Preparedness
• Part 3 | What Happens When Everything Goes Down?
• Part 4 | Bitcoin Is Part of the System!
• Part 5 | What Happens to Bitcoin If the Internet Goes Down?
• Part 6 | Isn’t Bitcoin Just for the Rich?
• Part 7 | Bitcoin – No Thank You.