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Ki Young Ju
@ki_young_ju
People who have spent a significant amount of time in the internet world tend to have a better understanding of #Bitcoin and crypto. This is because understanding the internet world is essential to grasping the concepts of internet money and internet communities. Bitcoin and stablecoins function as currencies in the internet world, while crypto represents forms of collaborative communities within it. Those who reside in the internet world engage in labor through the production, distribution, and acquisition of information. The framework that governs this labor—whether it could take the form of a corporation, a cooperative, or a public enterprise—is determined by smart contracts, or protocols. People who say "Bitcoin, not crypto" are often those who have yet to fully understand the nature of informational labor in the internet world. The money and enterprises of the physical world are merely reflected as Bitcoin and crypto protocols in the digital world. For example, consider the lab
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