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Editors note: some descriptions and other phrases are translated from this source. IntroductionFiat currencies on the one hand and Bitcoin on the other are designed in a very different way. I will argue that the differences in their…

Why spend scarce and irreplaceable time toward building and bettering Bitcoin? What convinces us that Bitcoin is the exit strategy against the existing fiat scheme? Who benefits from a decentralized, immutably hard monetary system?…