Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money
Nathaniel Popperamazon.com
Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money
Prices are information, trade is speech, and the capital stock is a literary corpus. Which is to say, Bitcoin is the internet, extended to the communication of value, furiously wrestling value back from the feudal client/server architecture of fractional reserve and central banking. The Bitcoin Protocol / Lightning Network Protocol (LNP/BP) is the
... See moreIt is theoretically possible to create an artificially scarce asset to endow it with a monetary role. Governments around the world did this after abandoning the gold standard, as did Bitcoin's creator, with contrasting results. After the link between fiat money and gold was severed, paper monies have had a higher growth in their supply rate than go
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