Inventing Bitcoin: The Technology Behind The First Truly Scarce and Decentralized Money Explained

by Yan Pritzker

If Bitcoin succeeds, it may prove to be as important as the printing press (decentralized production of information), the Internet (decentralized content and communication), and three-branch democracy (decentralized government). I hope that by understanding how Bitcoin works, you’ll understand how it can turn out to be a force for good in the world. Bitcoin will decentralize the production and consumption of money, which is the key to unlocking new ways for humanity to collaborate on a scale that was previously unimaginable.