The true source of Bitcoin's power: a fictional yet extremely powerful collective story/belief


Bitcoin is essentially the ultimate triumph of a "fictional story" (echoing the Cognitive Revolution in *Sapiens*: humans collaborate on a large scale through shared fictional beliefs).
This story includes:
Decentralization, no need to trust third parties
A fixed cap of 21 million coins (digital gold/hard currency)
The ultimate safe haven asset against inflation, currency debasement, and government control
"Code is law," libertarian/crypto-anarchist ideals
Once this story is believed by enough people, it forms a religious-level consensus, making people willing to hold long-term, endure extreme volatility, and even go all in, evangelize, and contribute hashing power, without caring about short-term returns.
BTC1.09%
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