How the three pillars of bitcoin are about to reshape the monetary system, according to a CEO
Can Bitcoin scale without sacrificing its core values? Eli Ben-Sasson explains how three important principles can reform the monetary system for everyone, not just the elite
$BTC bitcoin was not created to sit still. When Satoshi Nakamoto released the white paper in 2008, it was not a project to create digital gold; it was a peer-to-peer money system. But, moving to the present day, critics and supporters of bitcoin generally agree on one thing: it still does not really work as money. $ETH The three pillars of bitcoin
Ben-Sasson presents a compelling framework of how bitcoin can evolve — not by abandoning its principles, but by expanding them. He outlines three essential pillars that need to be aligned for Bitcoin to fulfill its promise.
Breadth, integrity, and verifiability, according to Ben-Sasson, are concrete technical goals for the widespread adoption and usability of bitcoin. And more: the tools to achieve these goals already exist.
The reintroduction of a long-dormant opcode, OP_CAT, could be the first domino. “Nine lines of code,” he said, “that would make bitcoin programmable again.”
$BNB Today, bitcoin is often described as digital gold, a pure and untouchable store of value. But Ben-Sasson wants to see it function more like a digital economy: permissionless, inclusive, and usable in everyday transactions. This means rethinking what Bitcoin is for — and updating how it works.
“If we don’t make bitcoin more useful, we risk making it irrelevant.”
The conversation covers everything from bitcoin governance policy to the role of zero-knowledge proofs and layer two solutions in building scalable and decentralized systems.