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Cryptocurrency

Moritz Wietersheim Specter Bitcoin – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

9 Mins read



The core principle and design goal of Bitcoin was to be “a purely peer-to-peer version of electronic cash.” While this statement from the whitepaper is traditionally viewed as being related solely to the processing of payments independent of a financial institution, there are other aspects of Bitcoin that are incredibly important to maintain in order to keep it a peer-to-peer system that empowers its users to maintain control over their own finances. Self-validation is one of the most important things for a Bitcoiner to do in order to maintain their own sovereignty over their money. Privacy is another thing that is also incredibly important in relation to self-sovereignty. Obviously in addition to these two aspects, managing your own keys is key (get it?) to having full control over your own bitcoin.



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