You are viewing a single comment's thread from:

RE: Cryptocurrency: Becoming A Viable Wealth Builder

in LeoFinance3 years ago

Satoshi's vision was to create an electronic, peer-to-peer payment system that operated outside the reach of governments and required no intervention from the banking system. This was a model designed to operate outside the existing framework.

I am not sure how much of this political statement was behind his action. Maybe it was just about solving the double-spending problem and that's it :P Who knows

Sort:  

I am not so sure it as much of a political statement as a realization of the present financial system and 3rd party risks.

Much, according to what I read, was based upon the lead up to the financial collapse, which was based upon, in great part, to counter party risk.

Posted Using LeoFinance Beta