🕵️ Father of #Smart Contracts: #Bitcoin Solves the "Fundamental Flaws" in Monetary History


At #Bitcoin 2021 on June 6, 2021, Nick Szabo, the "Father of #Smart Contracts," stated that #Bitcoin addresses the fundamental flaws of precious metals and fiat currency. He explained that its global node #network solves insecure, costly transport and storage, while its low-cost, trustless verification reduces systemic fragility. #Bitcoin also replaces digital centralization with censorship-resistant decentralization and answers fiat experiments with a fixed, auditable money supply. #cryptofactske
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