24.4 Bitcoin - Money Without Trusted Third Parties || Aviv Milner

from Join the Wasabikas - a Bitcoin Privacy Podcast · host Wasabi Wallet

In the long history of attempting to create digital money, all failed because of a single trusted third party essential for the operation of the system. One example is Liberty Reserve, a gold backed eCash company, which let it’s users transact gold certificates among themselves privately, got shut down in 2013.

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