38. And what if some of them are
halfway around the world?
39. How do we synchronize all of
these paper ledgers?
40. Well, we could just move from
paper records to digital records
41. We’ll have some fancy software that
does the ledger syncing for us
42. And fancy math to ensure that our
digital signatures can’t be forged, &
thus nobody can spend our money
43. And... we’ll have balances listed next
to account numbers instead of names
(our ledger needs unique lookup values, and names
are not guaranteed to be unique)
44. With these modifications, our game
will allow millions and even billions
of people to transact and trade
45. Come to think of it, we could
probably even use this system as
a real world global currency and
payment mechanism
54. P.S. To get started with Bitcoin,
you can create a Bitcoin
profile at onename.io
55. P.P.S. Remember that fancy sync-
ing software we glossed over?
That’s actually a big part of what
makes Bitcoin so innovative, and
it’s made possible by a process
called Bitcoin mining