Trustless Mutual Credit
Published on January 17th 2017
In this short paper I'll describe the general forms that money takes, and the different roles it plays in society. I'll cover the main problems with our current form of money, and why it's so hard for better solutions to gain any real traction. I'll explain what Bitcoin is, and how the technology behind it offers a means by which these solutions could begin to thrive.
This paper is not an attempt to define a specific functional mechanism, it's an organised collection of the relevant concepts for sharing the idea and to assist with further work on it.
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