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Another advantage if I understand correctly is no middleman to deal with. No more banks and not beholden to their policies and procedures.
by vermontdevil 12y ago
Another advantage if I understand correctly is no middleman to deal with. No more banks and not beholden to their policies and procedures.
- shin_lao 12y agoThat can be both a pro and a con.
- conception 12y agoIt's more that there is no required middleman. Bitcoin supports having n of x sorts of payment schemes where a third party(ies) have to agree to the transfer before it is released.
- vobios 12y agoThere is a middleman. Someone has to maintain the block chain where all the transactions are written.