Silk Road1: Theory & Practice
gwern.net
Saved by Yash Mimani aka ahafisher
Silk Road1: Theory & Practice
Saved by Yash Mimani aka ahafisher
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
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