The Future of Money: A History

https://www.coindesk.com/business/2021/11/29/the-future-of-money-a-history/

"Bitcoin was the world’s first working example of triple-entry accounting."

"Ian Grigg, in 2005, proposed a triple-entry system that uses the third entry to track state. Grigg’s system fits more closely with how #cryptographic #ledgers work today, and it’s likely #Satoshi read that proposal when working on the original #Bitcoin  code."

#IanGrigg #iang_fc #TripleEntryAccounting #DanJeffries #CoinDesk

The Future of Money: A History

Accounting has defined civilization for centuries. And, now thanks to crypto, we’re going to see accounting 3.0. This essay is part of CoinDesk’s Future of Money Week.