Bitcoin as a Global Settlement Network: The Economics Behind it
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Throughout history, the concept of sound money has been a cornerstone of human civilization’s economic development. Sound money, characterized by its durability, divisibility, portability, and scarcity, has enabled societies to trade efficiently, save for the future, and build prosperous economies. From the use of precious metals like gold and silver as early forms of currency […]
Is Bitcoin Slow? Will it Ever be a Payment Processor?
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Bitcoin, since its inception in 2009, has revolutionized the concept of currency and paved the way for a plethora of digital currencies. Initially conceived as a peer-to-peer electronic cash system by its enigmatic creator, Satoshi Nakamoto, Bitcoin has grown to become much more than just a digital currency. It is now seen as a store […]