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Nobody Understands The Monetary System

“If you want to make an apple pie from scratch, you must first invent the universe.” – Carl Sagan

Among the primary objections that come up for anybody who has simply realized about Bitcoin is “this is too complicated to understand.” And it’s true; personal keys, block instances, issue changes, UTXOs, uncensorable CoinJoin transactions, hash-one thing — the training curve is steep and, for many, the explanations to ascend it appear few and much between.

The first time I used to be launched to Bitcoin in apply (not in concept — techno-babbling libertarians had unsuccessfully pitched me the concept for years), the intimidatingly tech-savvy man who did so botched the method.


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