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In summary, all money mankind has ever used has been insecure in one way or another. This insecurity has been manifested in a wide variety of ways, from counterfeiting to theft, but the most pernicious of which has probably been inflation.
https://nakamotoinstitute.org/bit-gold/
Satoshi Nakamoto Institute is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. Some works may be subject to other licenses.
By Bitcoin PrimitivesIn summary, all money mankind has ever used has been insecure in one way or another. This insecurity has been manifested in a wide variety of ways, from counterfeiting to theft, but the most pernicious of which has probably been inflation.
https://nakamotoinstitute.org/bit-gold/
Satoshi Nakamoto Institute is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. Some works may be subject to other licenses.