“Unique to the emergent Bitcoin financial system is the application of cryptography to fundamental financial functions. Novel technologies exist, are being built, and have been theorized that will enable previously unseen functionalities, robustness, and, ultimately, competition amongst Bitcoin financial intermediaries. Key to these novelties is the characteristic of peer-to-peer (“P2P”) exchange; that Bitcoin financial intermediaries will surely exist as commercial options, but that newly possible direct manipulation and exchange will exist as well.” --Eric Yakes
banks without bankers
cryptography, incentives, and agency in a bitcoin financial system
https://www.axiombtc.capital/banks
William K⚡Santiago🔑☢️
npub1h3…w96sj
2023-11-10 14:11:30
Author Public Key
npub1h3fzzzeq60acjvnyvw34rpn5clkaueteffmkt3ln4ygekg9lcm0qhw96sjPublished at
2023-11-10 14:11:30Event JSON
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"content": "“Unique to the emergent Bitcoin financial system is the application of cryptography to fundamental financial functions. Novel technologies exist, are being built, and have been theorized that will enable previously unseen functionalities, robustness, and, ultimately, competition amongst Bitcoin financial intermediaries. Key to these novelties is the characteristic of peer-to-peer (“P2P”) exchange; that Bitcoin financial intermediaries will surely exist as commercial options, but that newly possible direct manipulation and exchange will exist as well.” --Eric Yakes\n\nbanks without bankers\ncryptography, incentives, and agency in a bitcoin financial system \nhttps://www.axiombtc.capital/banks",
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