Everything is directly/indirectly powered by the sun. Energy is the ultimate unit of account. Bitcoin makes so much sense once it’s viewed in such frame of reference.
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Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.
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Created Sep 9, 2010
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