BITCOIN IS A BOOK
About five thousand years ago, people invented writing to keep track of their dealings with each other. This started on clay tablets, and eventually moved onto paper bound into books. In accounting speak, such books have a technical name – ledgers.
With the advent of money came cash books, or cash ledgers. Just think of them as private diaries for money.
Businesses today still maintain their own proprietary cash books. It may be on a computer rather than paper, but the purpose of a modern multinational’s cash ledger hasn’t changed since the paper cash books of old: to record and keep track of payments, receipts, balances and dates.
What’s this got to do with Bitcoin? Everything. Because even though it’s public rather than private, that’s essentially what Bitcoin is: a cash ledger, or cash book.
Bitcoin is a book.
https://www.bitcoms.xyz/bitcoin-is/bitcoin-is-a-book
bitcoms /
npub18s…3eqxk
2024-08-24 09:41:09
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npub18s6axkw94d57sg438rp7pzf94vn8la4axyvd5f6wnjrgudtw54ps53eqxkPublished at
2024-08-24 09:41:09Event JSON
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"content": "BITCOIN IS A BOOK\n\nAbout five thousand years ago, people invented writing to keep track of their dealings with each other. This started on clay tablets, and eventually moved onto paper bound into books. In accounting speak, such books have a technical name – ledgers. \n\nWith the advent of money came cash books, or cash ledgers. Just think of them as private diaries for money. \n \nBusinesses today still maintain their own proprietary cash books. It may be on a computer rather than paper, but the purpose of a modern multinational’s cash ledger hasn’t changed since the paper cash books of old: to record and keep track of payments, receipts, balances and dates. \n \nWhat’s this got to do with Bitcoin? Everything. Because even though it’s public rather than private, that’s essentially what Bitcoin is: a cash ledger, or cash book. \n \nBitcoin is a book.\n\nhttps://www.bitcoms.xyz/bitcoin-is/bitcoin-is-a-book",
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