In 2008, a new whitepaper was released: “Bitcoin: a peer-to-peer electronic cash system.” Today, in 2024, a new whitepaper is released: “Cycles: a peer-to-peer electronic clearing system.” Bitcoin and its ilk have promised a revolution in money and finance, but have yet to fully deliver. Cycles provides the way forward. An open clearing protocol, to clear the most debt for the most people with the least money. Respect the Graph.