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A new form of money that nobody controls, which has its ledger stored in a public decentralized database, with cryptographically-secured transactions, with a li
by lectrick 13y ago
A new form of money that nobody controls, which has its ledger stored in a public decentralized database, with cryptographically-secured transactions, with a limited total number of units, whose unit value is decided by the market, and where new units of the currency are introduced over time in a decreasing schedule by paying them to the enforcers of the security of the network, who are all voluntary.
There is no way this crazy idea could ever actually work...