Very interesting article by Gwern Branwen about Bitcoin, written in 2011 but later edited by removing some references to Nick Szabo.
This is the original, enjoy.
https://web.archive.org/web/20110714104356/http://bitcoinweekly.com:80/articles/bitcoin-is-worse-is-better
Nice. I personally love the fact that the way bitcoin works is optimized for economical network effects.
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