There were many precursors to the Bitcoin system, but IMO, none came as close to correctly defining the problem, & solving the key issues...
"Of all the objections to Bitcoin, the objection that it “wastes” electricity is the most absurd. This thinking betrays a fundamental misunderstanding of how...
Many people make the serious miscalculation, that if the CPI isn't too high, then printing money isn't a problem and doesn't really cost them...