It’s amazing to observe still the quantity of misinformation about #Bitcoin . There are still books regarding the failure of the current monetary system plenty of inaccurate explanations about Bitcoin. Only a curious reader can scratch out this layer of misinformation…
Discussion
Lets test this. What is your toughts on the inner workings ofbitcoin?
Let me make an example.
The ideas of:
1) introducing asymmetric cryptography through the usage of a specific Elliptic Curve for proofing to be the owner of a specific UTXO (unspent transaction output)
2) using hashing cryptography for creating a Proof-Of-Work condition which permits to verify easily to the other nodes that the mined block is genuine and not malicious
… which are revolutionary in their simplicity…which permit to transact money without a middleman and then solve the issue of centralization of the money supply…they are however still deeply neglected or ignored or misunderstood by the common financial literature even the one which critics the current monetary system
I’d like to test your thoughts as well @timechain : )