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One of the most important interviews of this decade: Twitter Integrates Bitcoin

It’s just that good. If there’s one thing you consume this week, this month, or this year it should be this.

Without question, we now know the massive benefit of email, peer-to-peer networks, internet platforms, social media platforms, and e-commerce capabilities. The benefits are almost an afterthought at this point; a given.

The reality is, in the moment, all of these great technologies were questioned, mocked, or laughed at.

In each, there were great booms and busts but under all of their nerdiness what was glossed over was the transformational power of the underlying protocols to promote communication. Andreas Antonopoulos, one of the early Bitcoin evangelists, spoke very well to these points in the early years of Bitcoin. Jack Mallers seems to be carrying that torch while building an evolutionary app on top of a revolutionary tech stack… On Bitcoin, with Lightning.

Humans Are Interactive Beings and We Thrive on Communication

Yet our money doesn’t communicate well. The world spins because we communicate and interact. Looking under the hood, in times of global economic struggle, we find flaws in the ways we’re able to communicate the value of money. The Great Depression was arguably driven by the inability to move gold around the world fast enough. So the dollar was used as a better means.

Today, in an over-levered system, we find that unsound money and money bound by silos don’t operate in a manner that’s beneficial to most. We’re watching a better form of money be defined as a means of communication via a protocol. A better financial network is being built and it’s still early.

Past forms of inferior communication have lead to revolutionary changes. Are you ready? Are you on board for a true form of globalization?

Monetary Policy Enforced by Humans != Monetary Policy Enforced by Code

A monetary network enforced by code (Bitcoin), enforced by one common standard, is a much better way to communicate value across the globe. As we know from past internet cycles, the internet and a network of decentralized communication channels allow for massive amounts of innovation. Innovation that is better for most, rather than a few.

• TV is far superior on the internet than not.

• The pace of mail in an inbox is far superior than that in a mailbox.

• Facebook, WhatsApp, Instagram, etc are far superior to a phone book.

• Twitter as a news source and now a means of payment is far superior to mainstream media or a checkbook.

When we reach the point where all networks communicate on the same standard or have the ability to interact and be interoperable with each other a major shift in our civilizations will happen again. With the rise of Bitcoin, Cryptocurrencies, and the early days of Web 3 we are seeing this happen. Don’t mistake it for just another nerdy tech because it’s not.

It’s a better form of communication. The communication of value.

Open Networks Care About Experience and Brand

For all the greatness that Steve Jobs was, the one thing he understood better than the rest was this point. Hence, the great ecosystem built by Apple and distributed across the masses of the globe. We haven’t had that with money and we are watching individuals like Jack Mallers and Jack Dorsey fight, claw, and scratch their way to the top doing exactly this. Building open systems and extensive ecosystems around money… around centralized and siloed systems of old money.

Ask not, what is money? Rather, ask how do I want to communicate money?