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Gold has those same uses but at an international level and is generally approved of. The gold may never actually move, but ownership will transfer between coun
by LanceH 7y ago
Gold has those same uses but at an international level and is generally approved of. The gold may never actually move, but ownership will transfer between countries.
- JohnJamesRambo 7y agoBut you have to use a middleman or intermediary. The genius of bitcoin was when Satoshi removed that and solved the double-spending problem in a decentralized way. >Bitcoin: A Peer-to-Peer Electronic Cash System
- ickelbawd 7y agoExcept that bitcoin relies on a whole network of middlemen to prove the validity of that transaction. Without miners you have no transaction.