Hyperbitcoinization is a state of the world where people and communities are able to internalize the benefits of exchanging or trading value arising from using the Bitcoin network, allowing them to avoid the leakages and rent extracted today by those in charge of the fiat system.
#Bitcoin
Most people view the fiat system as a mere passive environment where economic activity happens, like Newton’s space/time. In truth, it’s an active participant, affecting the fabric of economic, social, political relations, like Einstein’s curvature of space/time. Thus, #Bitcoin.
#Bitcoin is a real estate in cyberspace, with 21 million plots, each of which is divisible into 100 million lots. Rights over these lots are global, pseudonymous, permission-less. This global public registry of private rights is the cornerstone of rights in the Information Age.
#Bitcoin is a first-of-its-kind global public utility providing service to all—permissionless value transport—without the need for franchise/license fees.
It’s bound to disrupt the model of corporations operating w franchise/license because its rails can offer cheap and fast transport service that can not be matched by legacy institutions.