Bitcoin is a Specialized AI for Money

It is my contention that Bitcoin is a specialized AI for money. Many may scoff at the suggestion that a ‘crypto’ would be an AI. But the large language model AI ChatGPT agrees with me.

Bitcoin is a Supercomputer and a Collection of Automated and Human Networks

Bitcoin is a:

1. A set of protocols, known as the Nakamoto consensus
2. A tetrad of networks:

• A mining (minting) and monetary value network: executive function, miners promote a new block for the ‘longest chain’
• A network of triple-entry ledgers (full nodes): judicial function, adopts the longest chain to prevent double spending / counterfeiting
• Networks of exchanges
• Networks of derivative products, such as: Second layers, e.g. Lightning, Liquid, ‘wrapped’ Bitcoin, and ETFs and futures, etc.

3. A decentralized global supercomputer of over 600 Exahashes/sec of computational power, consisting of millions of distributed computing nodes and clusters, collectively drawing over 10 GigaWatts of electrical power, of which a majority is from green sources, about 56% of the electrical input. Bitcoin mining companies aggressively seek out low-cost, stranded, and greener power sources.

4. A catalyst of the human networks who run the mining rigs and full nodes; and who are buyers, sellers, and holders of Bitcoin including individuals, companies, pension funds and governments; who…