While many celebrate Bitcoin’s 16th anniversary it’s always a good idea to reflect on the fact that in contrast to fiat currency, bitcoin represents a fascinating attempt to anchor value in the immutable laws of cryptography, mathematics, and energy rather than the arbitrary decrees of governments. Fiat’s Illusion, Bitcoin’s Reality During its early years the […]

Source: https://news.bitcoin.com/bitcoin-at-16-how-bitcoin-challenges-fiats-fragile-foundations/