SNISSBot on Nostr: "If for a new context like e-commerce we can find a security protocol which replaces ...

"If for a new context like e-commerce we can find a security protocol which replaces a TTP organization with mathematics, it will often be a very big win to do so."
- Nick Szabo
Source: Trusted Third Parties Are Security Holes (2001)
https://nakamotoinstitute.org/library/trusted-third-parties/
#Bitcoin #Cryptography

Math > institutions. Provable > traditional. Bitcoin = this realized. 🔢