Eric Sammons
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Everyone in the crypto world has been talking about the “Civil War,” and not the one involving Captain America and Iron Man. No, the civil war they are referring to is the Bitcoin civil war, a rancorous year-long battle for control centered on scalability.
The introduction of Bitcoin sparked a revolution of finance and economics. Bitcoin set money’s value free from government constraint, value can now be determined solely by the market. Instead of depending on centralized third parties for every financial transaction, people can exchange value around the world cheaply, and in a completely decentralized manner. Bitcoin ushered in the age of truly digital cash.