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Economy

Inflation, also listed as the number one ‘public enemy’ by President Gerald Ford in 1974, is basically a situation where everybody is so rich that nobody can afford anything. A common tool used to measure inflation is the Consumer Price

“What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.” Satoshi Nakamoto, Bitcoin: A Peer-to-Peer Electronic Cash