Scott

“Since the world (and the United States) “went off gold,” the money supply has been regulated by men in place of the metal. Money supply, therefore, has become a master key of economic forecasting.”
― Humphrey Bancroft Neill, Art of Contrary Thinking

“When governments, including our own, carry great debt loads, it behooves thoughtful citizens to recall occasionally the disastrous inflations of the past, the illusions of bootstrap economics—which always are accompanied by crowd hysteria.11”
― Humphrey Bancroft Neill, Art of Contrary Thinking

“We have proposed a system for electronic transactions without relying on trust. We started with the usual framework of coins made from digital signatures, which provides strong control of ownership, but is incomplete without a way to prevent double-spending. To solve this, we proposed a peer-to-peer network using proof-of-work to record a public history of transactions that quickly becomes computationally impractical for an attacker to change if honest nodes control a majority of CPU power.”
― Satoshi Nakamoto