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Bitcoin : Crypto Trailblazer Nick Szabo: Central Banks Could Turn to Crypto to Support Reserves

Bitcoin : Crypto Trailblazer Nick Szabo: Central Banks Could Turn to Crypto to Support Reserves



Crypto Trailblazer Nick Szabo: Central Banks Could Turn to Crypto to Support Reserves




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Bitcoin



Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority.
FindCrypto scans the web for the latest Bitcoin news, so you can find all the latest and breaking news in one convenient location.Author: castorfromtheva

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Bitcoin : If Alice makes a purchase on Amazon/eBay using Bitcoin she saves maybe 3%. If Alice makes a purchase on decentralized Amazon/eBay she saves up to 40% (30% extortion + 10% platform fees). Bitcoin wins by creating platforms which cut out extortion/middlemen, NOT through legacy business adoption.

CryptoCurrency : Smart grid and IOTA — Self balancing grid with smart transformers and smart devices