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

Thread by @iang_fc on Thread Reader App

https://threadreaderapp.com/thread/1443090613960851456.html

"CBDCs are a trainwreck in slow motion. We are privileged to watch this crash as it develops."

"With new 'triple coincidence' #CBDC, you, your counterparty and your government can facilitate the trifecta - how all three of you sell & save & spend."

"We’re pretty sure we won’t be able to use CBDC over #borders."

#Bitcoin  #ProgrammableMoney #TripleEntryAccounting #TripleCoincidence #IanG #IanGrigg #FinancialCryptography