We're still in the alpha phase of digital currencies

The true value of Bitcoin lies on the fact that it is the first solid, practical and large-scale way to pay over the internet, successfully solving the of lack-of-trust problem between the parties involved in a transaction. Every deal is recorded and authenticated over the network. Nakamoto in the original paper refers to it as an "electronic payment system".
2 points telson 12 years ago 0 comments

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