I’ve never re-posted someone else writing here before but this is a special occasion—Bitcoin is now worth over $1,000 each. Is it a bubble? Probably, but that’s besides the point. The rapid rise in price has gone alongside a growing rate of acceptance. Bitcoin seems poised to dramatically change the way we interact with money. The original paper that launched this all just five years ago is only nine pages long and well worth the read. History may be unfolding before our very eyes.
The original paper: http://bitcoin.org/bitcoin.pdf