“This problem is precisely why all previous attempts of digital cash required a centralized registry. You always had to trust someone to correctly identify the order of things. A centralized party was required to keep the time. Bitcoin solves this problem by re-inventing time itself. It says no to seconds and yes to blocks.”- DerGigi
DerGigi is back at it with a chapter from his upcoming book 21 Ways, all about the nature of Bitcoin not as new invention in money, or payments, or cryptography… but rather a new invention in the realm of time. Bitcoin doesn’t merely allow an ordering of events, it actually invents its own concept, of time.
Bitcoin is Time:
https://dergigi.com/2021/01/14/bitcoin-is-time/
Don’t forget to check out DerGigi’s other phenomenal work and support him at the link below:
https://dergigi.com/support/
POW is a Decentralized Clock:
https://bitcoinaudible.com/?p=4728
21 Lessons:
Listen on Audible
Today's Bitcoin Resource:
Bo Bullshit Bitcoin
A huge thank you to our amazing sponsors:
LVL.co - The first Free, no-fee exchange & Bitcoin banking services! (guyswann.com/lvl)
SwanBitcoin - The #1 place to setup your automatic Bitcoin savings plan! (SwanBitcoin.com/guy)
BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
"I really wanted to screen share stuff with people and make it as easy as possible and I got fed up. So I was...
Today we read a veritable Bitcoin Manifesto on a fundamental truth of Bitcoin's nature, the challenge it proposes to the state, the atrocities it...
With the Introduction of Ark, the new 2nd layer payments and privacy protocol introduced with Read_734. I left with a lot of excitement, but...