Hedraios on Nostr: Why digital cash did not work prior to 2009: _________ "The nature of digital ...
Why digital cash did not work prior to 2009:
_________
"The nature of digital objects, since the inception of computers, is that they are not scarce. They can be reproduced endlessly, and as such it was impossible to make a currency out of them, because sending them will only duplicate them..." - Amous, The Bitcoin Standard.
Published at
2023-08-16 16:01:08Event JSON
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"content": "Why digital cash did not work prior to 2009:\n\n_________\n\n\"The nature of digital objects, since the inception of computers, is that they are not scarce. They can be reproduced endlessly, and as such it was impossible to make a currency out of them, because sending them will only duplicate them...\" - Amous, The Bitcoin Standard.\n\n\n\nhttps://cdn.nostr.build/i/d471e55c03d334a2821559502c5a58570844b7af5cec92d2e363bbd681eef83f.jpg",
"sig": "f58c999b9b877c3379ad1d30da9088d2e787cf4194e5dfaf0a94b3f9a9210089f950b2bd3d93b382fe6d2f13544783ecd037868665ec76a0694d13209b98443d"
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