"Imagine the ideal protocol. It would have the most trustworthy third party imaginable — a deity who is on everybody's side. All the parties...
“As Gall’s Law suggests, we believe the general principle favoring Bitcoin’s layered architecture is not one of software engineering so much as engineering entirely...
"Prices are the coordinating force of a free market system. Each individual decision-maker can rely on the prices of goods and services to help...