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Bitcoin Poem 088

Peer to Peer (Problems/Solutions 21)

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Peer to Peer - Bitcoin Poem 088 by Christopher Westra

Inspired by Satoshi's White Paper

Read Satoshi's White Paper here

Peer to Peer (Bitcoin Poem 088)

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One problem in traditional finance
Is that intermediaries are needed to
Facilitate transactions in the system.
These intermediaries charge fees, act
As points of control or censorship, and
Often allow chargebacks (non-finality)
What we need is a truly peer to peer
Electronic cash system which allows
Payments to be sent from one party
To another without an intermediary.
Such a system built for the internet
Exists here and now. It is Bitcoin.

Written 2/25/24 by Christopher Westra
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