Hacker News new | ask | show | jobs
by philipwhiuk 405 days ago
It was designed to avoid the need for existing financial institutions. The doublespend problem was merely the blocker that prevented people from otherwise doing it.

> A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.

1 comments

That's not anarchy though, that's paypal c. yr 2000