BIRTH OF BITCOIN: SATOSHI’S GENIUS
How much does something cost? How do we pay for it?
Historically, these deceivingly complicated questions have been among Western civilization’s most important concerns. They define many of our daily interactions. They raise fundamental issues about what we value and don’t, our ethics, and our sense of fairness and equity.
The answers manifested themselves into the currencies and payment systems we’ve created over the centuries and use today. The Old Testament’s Lamentations 5:4 addresses the issue of payment: “We have to pay for our drinking water, our wood comes to us at a price.” So does the Koran, which ...
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