#Bitcoin is difficult to understand.

But why???

To understand it it would be ideal to understand:

Math.

Finance.

Policy.

Economy.

Games theory.

Energy.

And energy markets.

Methane emissions.

Physical.

Information technology.

Cybersecurity.

The history of money.

Central Banking.

Austrian economy.

Keynesian economics.

Math.

Money.

Fiat.

Inflation.

Shortage.

Fiat currency.

Merkle trees.

Cryptography.

Public key cryptography.

Elliptic curve.

Hashes.

Digital signatures.

Sha256.

Work test.

Peer to peer networks.

Cryptographic timestamp.

Smart contracts.

Timechain.

Social dynamics.

Monetary politics.

Open source development.

Human or social behavior.

Law.

Network theory.

National security.

Decentralization.

True digital property.

Credit markets.

Invest.

The way governments work.

Society.

Family.

Geopolitics.

Macroeconomy.

Human rights.

......

Understanding Bitcoin is not a test of intelligence. It's a test of ego. You have to be able to admit that you were wrong. h/t @NickDPayton.

......

Bitcoin surprises for many reasons.

Computer scientists say Satoshi solved the problem of the Byzantine generals and blew them away.

Economists might be baffled by an asset rising in price without producers increasing production to increase supply.

Oil drillers say finding a cleaner, more cost-effective alternative to flaring excess gas was mind-blowing.

Human rights advocates say being able to own an asset that cannot be confiscated in a corrupt country, allowing people to increase their wealth and escape tyranny, was mind-blowing.

Power plant operators will say that mining's load balancing ability is mind-boggling.

Merchants or users of remittance services will say that the fact that BTC reduces friction and fees is mind-blowing.

Some might say that Bitcoin encourages savings