๐NEWS๐
1/ NEW SPEECH, "The Engineering of #Bitcoinย ," posted here: caitlin-long.com/the-engineerinโฆ. "Money in this internet age is an engineering problem & Bitcoin is the engineered solution to it." Written for general audience, w/ engineering emphasis. HT Person Lecture, UW Homecoming 2023.๐ค ๐
2/ KEY TAKEAWAY: the speed gap between settlement of data at speed of light vs settlement of money at speed of matter, which the financial system inherited & for which it had to adopt layers of abstractions, gradually pushed money itself into becoming an IOU. #bitcoinย fixes this.
3/ Credits: Satoshi Nakamoto, @adam3us, @NickSzabo4, @halfin, @LynAldenContact, @aantonop, @lopp, @saylor, @saifedean, @nic__carter, @danheld, @rftylerpage, the @custodiabank product & engineering teams + many others!๐
$MEME $BNB $XRP