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> It's an unregulated trading product, it's not practical as electronic money. What if Satoshi wanted Bitcoin to be digital cash but with a limited supply like
by tomputer 5y ago
> It's an unregulated trading product, it's not practical as electronic money.
What if Satoshi wanted Bitcoin to be digital cash but with a limited supply like gold?
From the bitcoin whitepaper:
The steady addition of a constant of amount of new coins is analogous to gold miners expending resources to add gold to circulation.
Before Bitcoin there was no ‘cash’ on the internet. Only electronic corporate (controlled) money.