Can you explain Bitcoin as the solution that it is? Why is it a good thing that Bitcoin is open and transparent? And why could it be a bad thing at the same time?

Right.

I'm going to do my best to explain this.

It's a design feature.

I think in that talk that you showed in the intro, it's a feature, right? It's not a bug.

And it's a feature precisely because of the way that Bitcoin is designed.

Blockchains by themselves are just databases, right? And like, you know, we interact with databases every day.

Can you help me understand how it actually works?