Money and Reality: Exploring Austrian Economics and The Natural Order of Money with Brad and Ira
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The Problems With Cryptocurrency
The wood grain is the authentication factor that because they would only those two sticks would match back up to each other, no one could counterfeit them. They were using account ledgers and scribing things that you don't even have to know how to read to use these. This is kind of like a theorem where you can do the contracts, but it's, yeah, it's, it's basically it's a ledger that can't be interrupted. It can't be tampered with. It can’t be falsified. The thing of it is both people, yeah, both people have to trust each other.
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