P2P Foundation

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Russ Nelson
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Russ Nelson replied to Satoshi Nakamoto's discussion Bitcoin open source implementation of P2P currency
"No, nothing like LETS at all. LETS is book entry for one, and for another the total amount of currency is always zero. When you issue a credit to someone else because they've done something for you, you receive a debit. The trouble with a LETS…"
Mar 22, 2010
Russ Nelson replied to Satoshi Nakamoto's discussion Bitcoin open source implementation of P2P currency
"The London Mint was unable to make enough small coins in Isaac Newton's day. Private minters stepped in. If bitcoin can't make enough coins and small enough coins so that people can trade at the value they want, then it will be replaced by…"
Mar 15, 2010
Russ Nelson is now a member of P2P Foundation
Mar 15, 2010

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