“Bitcoin is an idea. An idea which, in its current form, is the manifestation of a machinery purely powered by text. Every aspect of Bitcoin is text: The whitepaper is text. The software which is run by its nodes is text. The ledger is text. Transactions are text. Public and private keys are text. Every aspect of Bitcoin is text, and thus equivalent to speech.
“Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.”
— First Amendment to the United States Constitution
Although the final battle of the Crypto Wars has not been fought yet, it will be very difficult to criminalize an idea, let alone an idea which is based on the exchange of text messages. Every time a government tries to outlaw text or speech, we slip down a path of absurdity which inevitably leads to abominations like illegal numbers and illegal primes.
As long as there is a part of the world where speech is free as in freedom, Bitcoin is unstoppable.
“There is no point in any Bitcoin transaction that Bitcoin ceases to be text. It is all text, all the time. […]
Bitcoin is text. Bitcoin is speech. It cannot be regulated in a free country like the USA with guaranteed inalienable rights and a First Amendment that explicitly excludes the act of publishing from government oversight.”
This is an excerpt from an article, one that I highly suggest reading fully: https://medium.com/@dergigi/philosophical-teachings-of-bitcoin-97f4b96f455f
Bitcoin is a difficult subject, one that is constantly changing and evolving. However there are some core tenets. I believe terms like “free speech money” helps illuminate one of these core principles.
As adoption grows and new participants enter the space, it can be difficult to efficiently filter out the noise and focus on what’s most important about bitcoin. It took me months of research and reading to begin to truly understand bitcoin. I would like to shorten that entry ramp. I want to contribute to the cause by making sure that when someone asks about my designs, that the answer is something essential to understanding what makes bitcoin so important.
**Here is my “Free Speech Money” design:** https://thebitcoinstoreofvalue.com/collections/free-speech-money
If anyone has questions, or suggestions for future designs to help illustrate the importance of bitcoin, please do not hesitate to reach out, thanks!