Software designer and crypto-anarchy historian.

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Tag: money

2 posts

Bitcoin is like...

Bitcoin is like physical cash: it is not reversible and you are responsible for handling it. If you lose your wallet, you lose your money

2017   bitcoin   git   money

Money does not circulate

All the money ever does is “sits”. It never “moves”. Switching ownership is instant, so “sitting” takes 100% of money’s activity

2017   money