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2021-01-05 20:53:15 -06:00
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@@ -23,3 +23,5 @@ There's a separate public/private keypair for every bitcoin address. You don't
Bitcoins are sent to and from bitcoin addresses, which are essentially random numbers with no identifying information. - [Re: Repost: How anonymous are bitcoins?](/docs/forum/bitcoin-forum/7)
## Banks
The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible. - [Re: Bitcoin open source implementation of P2P currency](/docs/emails/p2p-research/1/)