“It's actually the protocol (Nakamoto consensus, which is highly distributed) combined with strong cryptography, rather than just decentralization per se, that is the source...
"Bitcoin is the first time we’ve combined Money as a unit, with Money as a Network, into one thing." - Alexsandar Svetski Dont miss...
"This is a fancy way of saying that you need money to make markets, and you need decentralized, open, digital money to make decentralized,...