To get back to sound money we could return to the gold standard, but heavy metals aren’t exactly ideal for a digital world; the answer comes from cryptocurrency.
Cryptocurrency is specifically designed to include all the characteristics we’ve discovered about sound money; be convenient for the digital age but with no one point of failure.
Instead of a central authority, cryptocurrency monetary systems instead rely entirely on maths – more specifically, on a branch of maths called cryptography.
This is where the “crypto” part of the name comes from, and what makes the idea of cryptocurrency so revolutionary. The first and most important cryptocurrency is Bitcoin.
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