This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now.
A PDF pamphlet of this article is available for download.
“The special commodity or medium that we call money has a long and interesting history. And since we are so dependent on our use of it and so much controlled and motivated by the wish to have more of it or not to lose what we have we may become irrational in thinking about it and fail to be able to reason about it like about a technology, such as radio, to be used more or less efficiently.” – John Nash
Money is a technological tool that humans developed organically out of the necessity of bargaining axioms such as time and space. Many of the financial services that exist today have risen to meet the need of an evolving market, and yet at its most reductive, the modern banking system still represents supply and demand via sellers and buyers. This remains true even when looking into the complicated circuit of the U.S. bank
We współpracy z: https://bitcoinmagazine.com/print/ideal-banking
