The rules of the contract are decided and renegotiated continuously on the social layer - the bitcoin protocol automates them.
Bitcoin, the computer network, comes into existence when many people run bitcoin implementations following the [same rules](https://www.2minutebitcoin.org/blog/saylor-series-the-rise-of-man-through-the-stone-and-iron-ages-episode-1-2020).
This distributed social contract practically rules out any controversial changes which could never get a broad social consensus.
It makes Bitcoin resilient to bad changes but open to good, obvious incremental improvements.
- an excerpt from the 2-minute version of Unpacking Bitcoin's Social Contract (2018), originally posted in https://www.2minutebitcoin.org/blog/unpacking-bitcoins-social-contract-2018
2minutebitcoin
npub1p6…9ej3v
2023-05-06 16:29:01
Author Public Key
npub1p63d4vekvuql9zltpp4dezzfk2xxfgjsfqyglf4ju4syalekn4csn9ej3vPublished at
2023-05-06 16:29:01Event JSON
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"content": "The rules of the contract are decided and renegotiated continuously on the social layer - the bitcoin protocol automates them.\n\nBitcoin, the computer network, comes into existence when many people run bitcoin implementations following the [same rules](https://www.2minutebitcoin.org/blog/saylor-series-the-rise-of-man-through-the-stone-and-iron-ages-episode-1-2020).\n\nThis distributed social contract practically rules out any controversial changes which could never get a broad social consensus.\n\nIt makes Bitcoin resilient to bad changes but open to good, obvious incremental improvements.\n\n- an excerpt from the 2-minute version of Unpacking Bitcoin's Social Contract (2018), originally posted in https://www.2minutebitcoin.org/blog/unpacking-bitcoins-social-contract-2018",
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}