Bitcoin Is Batman

Bitcoin Is Batman

The Bitcoin network uses writing (code) to describe something with no external correspondence, and yet it has value. That’s fiction. As Warmke puts it toward the end of the paper, “If the chunk of code in the Bitcoin blockchain that describes a movement of bitcoin is not itself that movement, where does the movement, the transaction, take place? Nowhere – or everywhere, depending on how you think of it… Bitcoin is a fictional substance.”

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