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I don't know why everyone is saying this is a falsehood, but this will be my last comment on the subject. Read https://bitcoin.org/bitcoin.pdf https://bitcoin.
by sillysaurus3 9y ago
I don't know why everyone is saying this is a falsehood, but this will be my last comment on the subject.
Read https://bitcoin.org/bitcoin.pdf https://bitcoin.org/bitcoin.pdf. Read section 6, incentives. Note transaction fees. Read the conclusion. Note "We have proposed a system for electronic transactions without relying on trust." None of this has anything to do with being a currency, or being low-overhead.
- ericb 9y agoIt is named bitcoin. The first line of the paper you cite: "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." I'm not sure how you can say it was only meant to be a store of value with a straight face. I don't know whether to question your sanity, your reading skills, or your integrity.