Bitcoin: Purely Peer-To-Peer

By Vin Armani

Satoshi Nakamoto created Bitcoin to be “a purely peer-to-peer version of electronic cash.” He made it abundantly clear, in the white paper, that such a system meant the removal of trusted third parties, custodians of funds.

A Bitcoin economy, one that is “purely peer-to-peer” requires an entirely new model for financial services, Non-Custodial Financial Service Providers. What does this mean and how do we get there?

Vin Armani is the founder and CTO of CoinText, co-founder of Counter Markets, instructor for CodeFromGo coding course, and the author of Self Ownership. Follow Vin on Twitter.

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