Part 2/5:

The speaker cautions against losing sight of Bitcoin's original intent: to function as an alternative payment system. They note that, despite the dramatic growth and media attention, Bitcoin is still far from fulfilling that foundational purpose.

Bitcoin as an Email Analogy

To illustrate how Bitcoin functions today, the speaker draws an analogy with email communication. Sending Bitcoin is compared to sending an email where the same message is copied to multiple recipients. In email exchanges, many copies of the same information circulate—each person has their own copy—creating transparency and a record of communication.