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NEWS To Become Money, Bitcoin Requires Integration With New Social System Technology

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Bitcoin and Lightning Network technology alone will not be enough to change our financial system. New social systems are needed too.This is an opinion editorial by Frank Nuessle, a publishing entrepreneur, former university professor and social system architect.In this essay, I argue that Bitcoin and the Lightning Network are, by themselves, not enough to successfully implement an American sound money system, and that following evolutionary economics, new social technologies and new social system designs need to be part of the equation. The primary purpose of money is to facilitate the exchang ...

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