Just as the Internet brought the cost of disseminating information down by an order of magnitude, bitcoin brings the cost of transferring ownership down by an order of magnitude.
タグ: bitcoin, information, down, internet

"Fred Ehrsam"の他の名言

The Internet will continue to be valuable so long as it is the most efficient mechanism for transferring data. Bitcoin's value is the same: It will remain as long as it is the most efficient mechanism for transferring ownership.
タグ: will, value, internet, long
Bitcoin's value is the same: It will remain as long as it is the most efficient mechanism for transferring ownership.
タグ: bitcoin, will, value, long
The scripting language in Bitcoin is important because it is what makes Bitcoin 'programmable money'. Within each Bitcoin transaction is the ability to write a little program.
タグ: bitcoin, important, language, money
When the actual Bitcoin network launched in 2009, no one knew about it, and many of those who did thought it would surely fail. Just to make sure the thing worked, the scripting language in Bitcoin was intentionally extremely restrictive.
タグ: just, bitcoin, who, language
Scaling is multidimensional. Different methods address different things.
タグ: different-things, different, things
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