I'm not a big BTC believer, but building that infrastructure for the paper money system took hundreds of years and is STILL evolving. That's to say nothing of how bureaucratic the entire thing was.
How are paper systems evolving? I can't think of anything besides new creative euphemisms for the thrift like quantitative easing.
Central banking is a relatively new practice from the late 1700's. Ben Franklin encouraged the printing of new notes because printing was his business (this was before he had much political sway) and I consider this one of his bad contributions.
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I'm not a big BTC believer, but building that infrastructure for the paper money system took hundreds of years and is STILL evolving. That's to say nothing of how bureaucratic the entire thing was.
How are paper systems evolving? I can't think of anything besides new creative euphemisms for the thrift like quantitative easing.
Central banking is a relatively new practice from the late 1700's. Ben Franklin encouraged the printing of new notes because printing was his business (this was before he had much political sway) and I consider this one of his bad contributions.