I still remember when Nick Szabo spoke at Bitcoin 2021 and said something that left a deep impression on me. This guy truly understands how to think about money; he's not someone who just spouts slogans randomly. Nick Szabo emphasized something fundamental: Bitcoin solves problems that gold and traditional currencies can't even touch. The genius part is the global network of nodes. Just think about how complicated it was to physically move gold, the transportation costs, storage, security. With Bitcoin, all of that disappears. Nick Szabo was highlighting exactly this—the friction is drastically reduced when you no longer have to physically move anything. And then there's the fixed and verifiable supply. This is where Bitcoin becomes interesting from a decentralization perspective. Unlike traditional financial systems where someone can always print more money, with Bitcoin, they can't. It's encoded. Nick Szabo understood that this is the real advantage, the game-changer. It's not just technology; it's economic philosophy. When I look at how the market has developed since then, I see he was right about these fundamentals.

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