Balaji S. Srinivasan on Twitter: "The Craig Wright debunking is exhibit A for how blockchains prevent financial fraud. In the fiat world, he might have gotten the $450M."

Balaji S. Srinivasan on Twitter: "The Craig Wright debunking is exhibit A for how blockchains prevent financial fraud. In the fiat world, he might have gotten the $450M." * /r/Bitcoin

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks.

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