"Money is a tool for trading human time. Central banks, the modern-era masters of money, wield this tool as a weapon to steal time...
"Lyn Alden captured this well in her excellent piece, An Economic Analysis of Ethereum, which we highly recommend in addition to our own. Similarly...
“Given an adversarial environment I don’t believe you can maintain secure decentralized consensus AND have timely confirmation between arbitrary parties AND scale up to...