Bringing Programmability to Bitcoin | Pantera
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Bringing Programmability to Bitcoin | Pantera
In our view, everything discussed so far is a special case of a profound general shift that Bitcoin is slowly but surely bringing to global energy markets: It allows the physical infrastructure for transporting either generated electricity or energy dense fuels to be extended over the internet. It augments a physical network with a digital one.
Programmable securities, money streaming, and a global buyer of energy of last resort are tremendously exciting. Their growing promise is evidence that Bitcoin is, “not just a digital rock,” to cite an expression frequently utilized by Elizabeth Stark.