![]() In practice there are ways for this process to be messy and complicated and error-prone. At a high level, their processes are easy to describe: My bank keeps a record of how much money I have, and when I send money to you my bank decreases the money in my account and tells your bank to increase the money in your account. In the olden days they would keep the lists on paper, but in modern times they keep the lists on computers. ![]() Society has, over the centuries, evolved some decent ways to keep those lists. There are banks, and your money consists mostly of deposits at banks, and the banks keep lists of who has money. ![]() ![]() At its core, the vision of crypto is about finding a better way to keep a list of who has money. ![]()
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