Why Is Bitcoin Valuable?


By Vin Armani

Why is Bitcoin valuable? What are its main benefits?

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? Watch the video above.

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Vin Armani is the author of Self Ownership,  founder of Bitcoin Mystery School, co-founder of Counter Markets, and partner at Coinivore.com. Follow Vin on Twitter.