Bitcoin was initially designed as a peer-to-peer cash system, not as digital gold, in the technical document published by Satoshi Nakamoto in 2008. However, today, Bitcoin is generally agreed upon by critics and supporters alike that it does not function like money. StarkWare co-founder Eli Ben-Sasson suggests that Bitcoin could change this situation.
Ben-Sasson states that for Bitcoin to fulfill its promises, three fundamental principles—scalability, integrity, and verifiability—must be aligned. The tools needed to achieve these goals are already available. The reintroduction of an old opcode like OP_CAT could make Bitcoin programmable again.
Although Bitcoin is currently viewed as digital gold, Ben-Sasson wants to see it more as a digital economy. The failure to make Bitcoin more useful risks rendering it insignificant. Share your thoughts on this topic in the comments.
Ben-Sasson states that for Bitcoin to fulfill its promises, three fundamental principles—scalability, integrity, and verifiability—must be aligned. The tools needed to achieve these goals are already available. The reintroduction of an old opcode like OP_CAT could make Bitcoin programmable again.
Although Bitcoin is currently viewed as digital gold, Ben-Sasson wants to see it more as a digital economy. The failure to make Bitcoin more useful risks rendering it insignificant. Share your thoughts on this topic in the comments.