Bustillos on Bitcoins

Maria Bustillos on the rise of bitcoin for the New Yorker’s new tech blog, Elements, is excellent and readable: “A casual review of Nakamoto’s various blog posts and bulletin-board comments also confirms that, from the first, Bitcoin was devised as a system for removing the possibility of corruption from the issuance and exchange of currency. Or, to put it another way: rather than trusting in governments, central banks, or other third-party institutions to secure the value of the currency and guarantee transactions, Bitcoin would place its trust in mathematics.”

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