That paper from 1996 is just a summary of what was going on at the time in the development of electronic and digital cash, it does not mention or even hint at, the innovations of bitcoin.
In fact it goes heavily into the problems of double spending and fake tokens. The only way to deal with that at the time was to have a centralized approach.
That is why whenever the digital currencies of the time such as web money, perfect money, and especially EGold started to take off, the government was able to easily come in, raid the location, and shut them down immediately.
With the development of bitcoin, a successful decentralized approach, there was no simple way to shut it down.
This pathetic approach of trying to scare people by pretending bitcoin was planned, developed by, and controlled by the NSA just makes people laugh.
There is so much innovation going on beyond bitcoin such as with Ethereum, Monero, Cardano, and others and in such areas as defi that these pathetic attempts are like a little boy sticking his finger in a hole in a dike to stop a flood just as pressure is about to cause many other holes to pop and a deluge to follow.
It is over, the cat is out of the bag, the deluge won't be stopped.
What Pathetic Nonsense!
That paper from 1996 is just a summary of what was going on at the time in the development of electronic and digital cash, it does not mention or even hint at, the innovations of bitcoin.
In fact it goes heavily into the problems of double spending and fake tokens. The only way to deal with that at the time was to have a centralized approach.
That is why whenever the digital currencies of the time such as web money, perfect money, and especially EGold started to take off, the government was able to easily come in, raid the location, and shut them down immediately.
With the development of bitcoin, a successful decentralized approach, there was no simple way to shut it down.
This pathetic approach of trying to scare people by pretending bitcoin was planned, developed by, and controlled by the NSA just makes people laugh.
There is so much innovation going on beyond bitcoin such as with Ethereum, Monero, Cardano, and others and in such areas as defi that these pathetic attempts are like a little boy sticking his finger in a hole in a dike to stop a flood just as pressure is about to cause many other holes to pop and a deluge to follow.
It is over, the cat is out of the bag, the deluge won't be stopped.
I wasn't born yesterday Agent Smith.
LightBringerFag says the line every time he gets called out for his bullshit.