Money Protocol (Bitcoin Poem 124) Problems and Solutions 36
by @bitcoinpoems
We have an Internet Protocol (IP)
And a Transmission Control Protocol (TCP),
Which together make up
The base of the Internet (TCP/IP).
But we needed a money protocol
We have HyperText Transfer Protocol (HTTP)
Which structures data into a readable format.
But we needed a protocol to send economic value
We have File Transfer Protocol (FTP)
To publish web pages, images, and documents.
But we still lacked a money transfer protocol
We have Simple Mail Transfer Protocol (SMTP)
Which allows us to send emails to each other
And NOW we need a way to send money
Bitcoin is this Money Protocol -
And the missing piece to the puzzle.
Bitcoin enables the secure transfer
Of economic value across the world