Our mind is one of acting persons. Our mental categories have to be understood as ultimately grounded in categories of action. … It is through actions that the mind and reality make contact.
A technological invention is not something material. It is the product of a mental process, of reasoning and conceiving new ideas. The tools and machines may be called material, but the operation of the mind which created them is certainly spiritual.
- Mises
Bitcoin's properties are not fixed laws—they are the result of constant negotiation and incentive balancing within a dynamic, decentralized system.
Attributes such as censorship resistance are not guaranteed; they persist only so long as the economic incentives and subjective valuations of market participants align to uphold them.