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2024-03-17 15:01:54

Xantoshi on Nostr: Commerce on the Internet has come to rely almost exclusively on financial ...

Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust based model.

Satoshi Nakamoto in whitepaper
October 31, 2008
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