The Problem With Money, And The Solution Explained

[Google News Bot]

Bitcoin is sound money because the blockchain makes its ledger tamper-evident, while proof-of-work ensures the blockchain is tamper-proof.This is an opinion editorial by Arman The Parman, a Bitcoin educator passionate about privacy.The ProblemTo flourish, humanity needs to go back to free market money (not issued by central banks or governments, but arising from the market) that can't be manipulated by central banks and/or governments, nor eradicated. This money also needs to be digital, to facilitate international value transfer, yet scarce (digital tokens have always been “copyab ...

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