We're still in the alpha phase of digital currencies (ediab.com)
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".
0 comments
[ 2.7 ms ] story [ 10.9 ms ] threadNo comments yet.