this post was submitted on 27 Feb 2025
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[–] [email protected] 1 points 1 week ago

Before 2009, if you wanted to send somebody money over the internet, you had to ask permission from a third party to do so. And the third party could say no if they wished and you would have no recourse. The internet needed a native money so that you could send value just as simple as sending an email disrupted the postal service.