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Interesting. I found out about Bitcoin in 2012, took a distributed systems seminar in 2013 covering byzantine fault tolerance, paxos etc and at that point Bitcoin metaphorically blew my mind. I feel like anyone who understood how seminal Paxos was could easily draw parallels to Bitcoin.

Despite all of Bitcoin's shortcomings, I'm a strong believer in the technology and the protocol. If we compare it to the internet and TCP/IP it is pretty designed. In real life its not necessarily the perfect protocol that wins. Sometimes a "crappy" one gets a head start, but it's good enough, and people will patch it along the way. The network participants will also end up using the network in novel ways that were not designed for originally.



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