Bitcoin Elusive Monetary Problem - Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides
May 6, 2021 This deep dive explores what problems plague our modern monies, and how bitcoin cures these issues. “Give me six hours to chop down a tree and I will spend the first four sharpening the axe.” -Abraham Lincoln To understand the implications of a paradigm changing technology, one must intimately understand the problem that is being addressed. If we do not understand the problem at a granular level, how can we ever determine what may be a suitable solution? Bitcoin has been obtuse to many, the reason being that most simply do not understand the problem of money; if you are one of...