Silk Road1: Theory & Practice
gwern.net
Saved by Yash Mimani aka ahafisher
Silk Road1: Theory & Practice
Saved by Yash Mimani aka ahafisher
Bitcoin was first described in 2008 with the publication of a paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System,”1 written under the alias of Satoshi Nakamoto
The essence of temporal salability is soundness; the essence of spatial salability is portability. Prior to Bitcoin, the two were in inescapable tension; economic development induces a market demand for money to be increasingly purely informational, as commerce itself becomes more complex than movement of specie can efficiently support. But informa
... See moreThe essence of temporal salability is soundness; the essence of spatial salability is portability. Prior to Bitcoin, the two were in inescapable tension; economic development induces a market demand for money to be increasingly purely informational, as commerce itself becomes more complex than movement of specie can efficiently support. But informa
... See more