Bitcoin P2P e-cash paper

Source - Nakamoto Institute

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*>[Lengthy exposition of vulnerability of a systm to use-of-force

monopolies ellided.]*

>You will not find a solution to political problems in cryptography.


Yes, but we can win a major battle in the arms race and gain a new territory of freedom for several years.

Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own.

Satoshi


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