Bitcoin is fixing money.
Thanks to Bitcoin, anyone in the world is free to transfer money over a peer-to-peer network without having to go through a financial institution. Money that cannot be censored by authorities, devalued by governments, monopolized by corporations, or stopped by borders.
However, when it comes to trading, going through a trusted third party still remains necessary. Why is that a problem? Because trusted third parties always have been, and continue to be, security holes.
Bitcoin Trading Is Broken
Individuals and financial institutions alike rely on trusted third parties such as clearinghouses and exchanges to clear their Bitcoin spot and derivatives transactions.
“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.” – Satoshi Nakamoto, 2 Nov 2009
Sound familiar? Yes, that’s exactly what happened during the 2022 contagion event where Celsius, Terra, Three
We współpracy z: https://bitcoinmagazine.com/technical/ln-markets-upgrades-bitcoin-trading-with-dlcs
