reidwalley on Nostr: “Bitcoin is the classic instance of that. Bitcoin didn’t come from Citibank; it ...
“Bitcoin is the classic instance of that. Bitcoin didn’t come from Citibank; it didn’t come from the Federal Reserve; it didn’t come from Visa. It came from the fringe.
“Bitcoin is the first practical solution to a longstanding problem in computer science called the Byzantine Generals Problem… the problem of how to establish trust between unrelated parties over an untrusted network like the Internet.
“The practical consequence of solving this problem is that #Bitcoin gives us, for the first time, a way for one Internet user to transfer a unique piece of digital property to another Internet user.”
- Jordi Visser
https://x.com/jvisserlabs/status/1875917367638995351
“Bitcoin is the first practical solution to a longstanding problem in computer science called the Byzantine Generals Problem… the problem of how to establish trust between unrelated parties over an untrusted network like the Internet.
“The practical consequence of solving this problem is that #Bitcoin gives us, for the first time, a way for one Internet user to transfer a unique piece of digital property to another Internet user.”
- Jordi Visser
https://x.com/jvisserlabs/status/1875917367638995351