Sublime

The protocol also periodically decreases the number of new bitcoins that are created, limiting the total number of bitcoins that will ever be created to a fixed total just below 21 million coins. The result is that the number of bitcoins in circulation closely follows an easily predictable curve where half of the remaining coins are added to circul

A Bitcoin transaction is a global speech act that means, roughly, I am provably entitled to this portion, x, of the money supply, and am now transferring it to somebody else, in a language that everybody remembers forever and which can’t be used to lie.

Yet many other cryptocurrency believers, including a cross section of techies and businessmen who see a chance to disrupt the bank-centric payments system, are de facto chartalists. They describe bitcoin not as a currency but as a payments protocol. They are less concerned about its appeal as an intrinsically valuable thing and more with the underl

Pour Pierre Noizat, l’un des meilleurs experts français du sujet, fondateur de la start-up Paymium qui fait office de banque de Bitcoins, « mettre un titre de journal dans un genesis block, ça permet de dater précisément le lancement. Mais ce titre du Times n’a peut-être pas été choisi au hasard en effet.