Thanks for the essay. This is on the same topic, from similar angle, also very good one, by Nick Szabo: "Trusted Third Parties Are Security Holes" http://nak

Thanks for the essay. This is on the same topic, from similar angle, also very good one, by Nick Szabo: "Trusted Third Parties Are Security Holes" http://nakamotoinstitute.org/trusted-third-parties/ http://nakamotoinstitute.org/trusted-third-parties/