“Bitcoin has features from many different assets, it doesn’t fit neatly into any pre-existing categories. Like the platypus, bitcoin is a category creator.” — @CremeDeLaCrypto
Bitcoin is a Platypus
“Any sufficiently advanced technology is indistinguishable from magic.”
―Arthur C. Clarke
When we encounter something novel, we have a tendency to try to fit it into an existing category when we’d be better served by expanding our system of classification.
When Europeans were first made aware of the platypus in 1798, it was believed to be a hoax.
Such an animal defied explanation at the time.
Strangely enough, this lesson serves as the perfect analogy for why many people initially dismiss bitcoin.