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Inventing Bitcoin: The Technology Behind The First Truly Scarce and Decentralized Money Explained
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The Bitcoin Standard: The Decentralized Alternative to Central Banking
Saifedean Ammous • 1 highlight
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Bitcoin's shared ledger can be likened to the Rai stones of Yap Island discussed in Chapter 2, in that the money does not actually move for transactions to take place. Whereas in Yap the islanders would meet to announce the transfer of the ownership of a stone from one person to the other, and the entire town would know who owned which stone, in Bi
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