Bobby on Nostr: Powell: You need to believe the inflation can get to 2% Lagarde: “It (ECB Balance) ...
Powell: You need to believe the inflation can get to 2%
Lagarde: “It (ECB Balance) will come down”
Satoshi: “The proof-of-work also solves the problem of determining representation in majority decision making. If the majority were based on one-IP-address-one-vote, it could be subverted by anyone able to allocate many IPs. Proof-of-work is essentially one-CPU-one-vote.”
#Bitcoin
Lagarde: “It (ECB Balance) will come down”
Satoshi: “The proof-of-work also solves the problem of determining representation in majority decision making. If the majority were based on one-IP-address-one-vote, it could be subverted by anyone able to allocate many IPs. Proof-of-work is essentially one-CPU-one-vote.”
#Bitcoin