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The root problem with conventional currency is all the trust that's required to make it work.
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A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.
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If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
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Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.
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The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.
ExternalLinkSvg
The root problem with conventional currency is all the trust that's required to make it work.
ExternalLinkSvg
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.
ExternalLinkSvg
If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
ExternalLinkSvg
Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.
ExternalLinkSvg
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.
ExternalLinkSvg
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