Replacing The U.S Dollar With Bitcoin: Dismantling Fiat Architecture

Replacing The U.S Dollar With Bitcoin: Dismantling Fiat Architecture

Using the OSI model helps us understand fiat architecture and how to scale a network like Bitcoin to replace it.This is the second article in a series about lessons that can inform bitcoin’s replacement of the U.S. dollar. Read the first article in the series, on leaving the gold standard, here.The Open Systems Interconnection (OSI) model gives seven layers of computation that allow a network effect to emerge. The network model used today is the TCP/IP model. When the two are compared, OSI is known for having stricter rules and providing delivery assurances as it transfers data. It is also....


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