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This is the clearest explanation from an engineering point of view: https://bitcoin.org/bitcoin.pdf https://bitcoin.org/bitcoin.pdf
by eraad 4y ago
This is the clearest explanation from an engineering point of view: https://bitcoin.org/bitcoin.pdf https://bitcoin.org/bitcoin.pdf
- ibz 4y agoIndeed, once you understand that you also understand the opposite - central banking and CBDCs. It's two opposite worldviews which lead to two very different definitions of money.
- once_inc 4y agoBoth Central Banking and CBDCs lead to the same outcome though; reduced personal liberties (privacy and economic freedom), and increased interference of the state with its constituents and the macro economy (skewing incentives through centralizing forces).