Summary

Sounds great, doesn't it? As you saw in this chapter, direct, peer-to-peer interaction is always a superior solution, for all parties involved. There are no rent-seeking intermediaries stuck in the middle to extract value from the counterparties. Now, we have the technology to do that in payments, as well as in any other type of transaction involving value transfer or record keeping!

You learned about how Bitcoin came into existence, and what it does. We also compared it to traditional banking systems.

Now, if this solution seems interesting to you, let's go ahead and develop a deeper understanding of how Bitcoin works!