“Of #Bitcoin’s many properties, trustlessness,…

“Of #Bitcoin’s many properties, trustlessness, or the ability to use #Bitcoin without trusting anything but the open-source software you run, is, by far, king. More specifically, interest in #Bitcoin appears to almost exclusively derive from a desire to avoid needing to trust some third party or combination of third parties. This should hardly be news to anyone, but an understanding of exactly why this trustlessness is so important (and what forms it takes) is critical to building and upgrading #Bitcoin technology.”

— Matt Corallo