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From the Bitcoin paper[0]: Abstract: >A purely peer-to-peer version of electronic cash would allow online payments to be sent directly
by captn3m0 5y ago
From the Bitcoin paper[0]:
Abstract:
>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
Conclusion:
>We have proposed a system for electronic transactions without relying on trust.
[0]: https://www.coinbase.com/bitcoin.pdf https://www.coinbase.com/bitcoin.pdf
- bassdropvroom 5y agoSo that's exactly what I said. Bitcoin solves the issue of trust. I do not have to trust that someone really has the money they say do, because Bitcoin will refuse to allow them to spend such money.