Part 2 of 4. Why does banking & finance require 3rd parties? How does proof of work & the bitcoin blockchain remove any need for 3rd parties? Why is bitcoin's decentralization an emergent property?

Part 2 of 4. Why does banking &amp; finance require 3rd parties? How does proof of work &amp; the bitcoin blockchain remove any need for 3rd parties? Why is bitcoin's decentralization an emergent property?

What is decentralization? (2 of 4) | Bitcoin Basics (136)

Bitcoin is a journey. Hosts Faris (economist) & Gordon (technologist) make the complex world of Bitcoin simple by interviewing experts & translating key concepts for the Bitcoin beginner. Need help? bitcoinbasics.help

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Bitcoin is a journey. Hosts Faris (economist) &amp; Gordon (technologist) make the complex world of Bitcoin simple by interviewing experts &amp; translating key concepts for the Bitcoin beginner. Need help? bitcoinbasics.help

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What is decentralization? (2 of 4) | Bitcoin Basics (136)

What is decentralization? (2 of 4) | Bitcoin Basics (136)