Anyone calling Proof of Keys a “bank run” is confusing banks – who give loans and are fractional reserve by nature – to exchanges and wallets which make money on trade and transfer fees and should always be 100% solvent.

submitted by /u/ride_the_LN
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Bitcoin – The Currency of the Internet

“A lot of people dismiss e-currency because of all the companies that failed since the 1990’s. It was the centrally controlled nature of those systems that doomed them. I think this is the first time we’re trying a decentralized, non-trust-based system” Satoshi Nakamoto #BitcoinAt10

"A lot of people dismiss e-currency because of all the companies that failed since the 1990's. It was the centrally controlled nature of those systems that doomed them. I think this is the first time we're trying a decentralized, non-trust-based system" Satoshi Nakamoto #BitcoinAt10 submitted by /u/SocialElementGroup
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Bitcoin – The Currency of the Internet

1/ Chinese court confirms Bitcoin protected by law. Shenzhen Court of International Arbitration ruled a case involving cryptos. Inside the verdict: CN law does not forbid owning & transferring bitcoin, which should be protected by law bc its property nature and economic value.

1/ Chinese court confirms Bitcoin protected by law. Shenzhen Court of International Arbitration ruled a case involving cryptos. Inside the verdict: CN law does not forbid owning & transferring bitcoin, which should be protected by law bc its property nature and economic value. submitted by /u/GalacticCannibalism
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Bitcoin – The Currency of the Internet