The absence of an intermediary
“Bitcoin “BTC”, like other electronic currencies, is decentralized. This means that it is beyond the control of institutions such as banks and governments. Thus, its users enjoy a total freedom that remains unimaginable in the fiat currency system. How is this possible? Again, an explanation is needed”.
“BTC is based on a network of blockchains – the blockchain – which constitutes a database Public. It aggregates transaction information, and this information is not accessible to banks and none knot of the network cannot block other users”.
“What should be deduced from this? No one can ever stop you from making bitcoin (BTC) transactions. This cryptocurrency is made to allow “to make online payments directly from one third party to another without going through a financial institution”, as indicated by Satoshi Nakamoto in the Bitcoin (BTC) white paper published on October 31, 2008″…