It's more like "we have found a way to disallow others from unilaterally printing money for themselves."
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The basic principle of money is that people are not able to simply make more. Crypto currencies circumvent that by obfuscating counterfeiting with computationally expensive mathematics.
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Better keep talking about AI... You don’t print bitcoin...
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you mint it
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Everything :)
Thanks. Twitter will use this to make your timeline better. UndoUndo
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how much of the economy involves debt financing in some form? a lot of it
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cryptocurrency is an exotic form of debt financing where you prepay your interest in the form of compute-time/electricity instead of spacing out over the lifetime of the debt
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