Peter Coates
Feb 9, 2022

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Right on, sir. I've rarely met anyone, not even the technically sophisticated, who can say accurately and succinctly what problem Bitcoin was designed to solve. There's really only one--the problem of exchanging money over a public network without a third-party intermediary. It's just PayPal, except there's nobody in charge who can respond to a subpoena. All of it is in service of that one narrow goal, but when it finally implodes it will take out financial futures of millions of the late-arriving schweens who are left holding the bag.

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Peter Coates
Peter Coates

Written by Peter Coates

I was an artist until my thirties when I discovered computers and jumped ship for a few decades. Now I'm back to it. You can probably find some on instagram.

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