Tag: Satoshi Nakamoto

  • An Explanation of Bitcoins, Part I (The Philosophy)

    (Image Source: https://flic.kr/p/e9LG7B) (This post is based in part on a paper published by Rostrum Law Review) Most of the currencies in the world right now, and all the reserve currencies, are fiat currencies, declared to be currencies by a legal tender, and unsupported by any physical commodity, only the rules of supply and demand (Incidentally, the term ‘fiat’…