“My bit gold design in 1998 was 2-layer: bit gold for settlement, Chaumian e-cash for a privacy-enhanced payments layer. I’ve always thought of Bitcoin as evolving into a settlements-and-large-payments layer that in the long term needed a layer 2 for consumer payments.” -Nick Szabo

"My bit gold design in 1998 was 2-layer: bit gold for settlement, Chaumian e-cash for a privacy-enhanced payments layer. I've always thought of Bitcoin as evolving into a settlements-and-large-payments layer that in the long term needed a layer 2 for consumer payments." -Nick Szabo submitted by /u/norrinsyra_
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Bitcoin – The Currency of the Internet

Bitcoin Mining May Be Even Less Economically Viable Than We Thought

Analysts at Morgan Stanley have added their voices to those warning that mining Bitcoin may no longer be economically viable. The issue is that “mining” cryptocurrencies such as Bitcoin involves heavy-duty number-crunching and, therefore, requires costly computers and a lot of electricity. That makes …
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PR: Financial Platform trade.io – The Thought Leader, the Leak, & the Community-Led Wealth Sharer (news.bitcoin.com)

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