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the genius of Bitcoin as self sovereign property
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Bitcoin has been hailed as “property you don’t have to maintain,” and for good reason. Imagine owning an asset that never rusts, never needs repairs, and never incurs a surprise tax bill or maintenance fee just for holding it. That is the genius of Bitcoin. It redefines what it means to own something of value. Unlike a house that demands upkeep or gold that requires vaults and guards, Bitcoin is a fully digital form of property that essentially maintains itself through a clever blend of technology, economics, and decentralized governance. As MicroStrategy CEO Michael Saylor enthusiastically puts it, Bitcoin is “perfected property,” an engineered asset designed to overcome the limitations of physical assets . In an era where traditional wealth stores can be costly or cumbersome, Bitcoin stands out as property liberated from physical upkeep. Let’s break down why this is such a radical innovation in ownership, touching on the historical, philosophical, technological, and economic dimensions of this idea.
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