Hacker News new | ask | show | jobs
We're still in the alpha phase of digital currencies (ediab.com)
2 points by telson 4508 days ago
The true value of Bitcoin lies on the fact that it is the first solid, practical and large-scale way to pay over the internet, successfully solving the of lack-of-trust problem between the parties involved in a transaction. Every deal is recorded and authenticated over the network. Nakamoto in the original paper refers to it as an "electronic payment system".