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Bitcoin Solves Digital Trust Problem
- Bitcoin solves the Byzantine Generals problem by creating a network of trust without trusted intermediaries.
- This enables secure, instant, and trustable digital transactions without relying on familiar middlemen like banks.
Bitcoin’s Trustless Transactions
- Virtual currencies enable secure and near-instant value transfers without a middleman.
- Bitcoin's public ledger prevents double spending by transparently validating transactions across a network.
Bitcoin Transforms Remittances
- Bitcoin disrupts industries that profit from high transaction fees, like remittances.
- It offers cheaper transfers especially helpful for poor people sending money home internationally.