Bitcoin is the newest technology to serve the function of money—an invention leveraging the technological possibilities of the digital age to solve a problem that has persisted for all of humanity's existence: how to move economic value across time and space. In order to understand bitcoin, one must first understand money, and to understand money, there is no alternative to the study of the function and history of money.
The simplest way for people to exchange value is to exchange valuable goods with one another. This process of direct exchange is referred to as barter, but is only practical in small circles with only a few goods and services produced. In a hypothetical economy of a dozen people isolated from the world, there is not much scope for specialization and trade, and it would be possible for individuals to each engage in the production of the most basic essentials of survival and exchange them among themselves directly. Barter has always existed in human society and continues to this day, but it is highly impractical and remains only in #Bitcoin #TheBitcoinstandard #book #page1
I got to spend all day today with Jensen in Taiwan: talking with thousands of engineers and eating street food at a night market. Jensen is received as a rockstar in Taiwan, like it's Beatles in the 60's. It's mind-blowing and fun to watch. But most importantly, through all the interactions and all my conversations with him, he remained the same humble, kind, thoughtful, funny guy he always was, even as a kid who went to these same night markets many years ago.
Btw, we tried a crazy amount of different street food. It's legit some of the most delicious food I've ever had. I can't wait to share video of it, including a ton of our conversations and hangout. When I can pause for a moment from all the travel to edit the video, I'll post it.
Can't wait to continue talking to Jensen and engineers at Computex this week, and exploring more of Taiwan, and of course roaming the night markets for some more delicious street food.
Days like these, even more than usual, I feel like the luckiest kid in the world.
Love you all! ❤️
People go mental when someone turns off a TV showing a football match, but when they print 80% of all money in history and wipe away most of their wealth they do nothing.
Entregamos paquetes escolares al 100% de los niños y jóvenes que estudian en todas las escuelas, parvularias e institutos públicos de nuestro país.
En el mundo, ya somos un ejemplo en SEGURIDAD. Primero Dios, dentro de algunos años, también lo seremos en EDUCACIÓN.