Physical cash transactions are final But in the digital world non-reversible Transactions have not been possible Since financial institutions cannot avoid Mediating disputes which prevent finality The cost of mediation slows enterprise And makes trade and finance complex Therefore We need an electronic payment system Based on cryptographic proof, not trust Allowing any two parties to transact directly With irreversible transactions based on a Distributed timestamp server to generate Proof of the chronology of the transactions And thus finality. The solution is Bitcoin
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