Exactly this. The first line of the Bitcoin paper is : "A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from

Exactly this. The first line of the Bitcoin paper is : "A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution". The whole point of cryptocurrencies was to get rid of the third party in the first place...