Bitcoin was designed to be a system without middlemen, but unless we stop pretending it is perfect as is and work to improve it, middlemen will be the only way to interact with it for most people.
The free banking era is the closest example of how banking might look on a bitcoin standard, but will credit and fractional reserves be part of that system?
Here’s Part 1: The Value Foundations of BitcoinWhile gritting teeth and shaking hands with Bitcoin is necessary, Austrian economists should flash a toothy smile...
Bitcoin is unique in its approach to privacy. Uneducated observers lament its advantages for illicit activities, but the blockchain keeps track of every transaction...
