ÐIGITΛL ΛSSΞTS EÐUCΛTION LLC: Living Wage

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Wednesday, January 19, 2022

CEO Dan Price On Trickle Up Economics 1950s + 1960s

It's a shame because we tried trickle-up economics in the '50s and '60s and it was the greatest period in history for worker prosperity. Then we did the opposite and all it did was help the rich, and our conclusion was: "let's continue doing that"
— Dan Price (@DanPriceSeattle) January 19, 2022

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What Is Bitcoin BTC?

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.

Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”

Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.