Decentralised evenly distributed trust to exchange, transact a multitude of societal endeavors precisely!!! Great read. –James
” There’s even material for those steeped in Milton Friedman or Robert Mundell’s monetary policy ideas. Bitcoin’s algorithm — its leaderless ‘central bank’ — issues a fixed amount of currency over time. But an alternative digital currency might automatically vary supply according to digitally ascertained factors such as the velocity of money. It’s something for the Bank of England’s digital currency lab to explore”
“Bitcoin’s Bold Experiment: A Goldmine for Economic Researchers” by @mikejcasey
