Forwarded from Junction Bot
Proof of Work is a signaling mechanism and a de-anonymization mechanism. Miners prove to users they are for real by demonstrating a big peacock tail. And competition enables triangulation. Learn more from the inventor of Bitcoin in our interview series.

https://t.co/5zxxcL0npl
201118_Prosegur_CRYPTO_OK (002).pdf
125.8 KB
Prosegur Crypto - La solución de custodia de criptoactivos más segura y avanzada https://www.linkedin.com/showcase/prosegur.crypto/
"Paper money is an invention of the Song Dynasty in China in the 11th century CE, nearly 20 centuries after the earliest known use of metal coins. While paper money was certainly easier to carry in large amounts, using paper money had its risks: counterfeiting and inflation".

https://www.thoughtco.com/the-invention-of-paper-money-195167
Forwarded from 2008 - 2010 361 BitCoin History (@RamonQuesada 🌷🇺🇸)
No hay peor ciego, que el que no quiera ver:

"The current system where every user is a network node is not the intended configuration for large scale. That would be like every Usenet user runs their own NNTP server. The design supports letting users just be users"...

Satoshi Nakamoto
July 29 2010

https://bitcointalk.org/index.php?topic=532.msg6306#msg6306