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Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > "we're trying a decentralized, non-trust-based system" - Satoshi
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Author Topic: "we're trying a decentralized, non-trust-based system" - Satoshi  (Read 423 times)
🏰 TradeFortress 🏰 (OP)
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July 11, 2013, 09:25:32 AM
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http://p2pfoundation.ning.com/forum/topics/bitcoin-open-source?commentId=2003008%3AComment%3A9493

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Could be. They're talking about the old Chaumian central mint stuff, but maybe only because that was the only thing available. Maybe they would be interested in going in a new direction.

A lot of people automatically dismiss e-currency as a lost cause because of all the companies that failed since the 1990's. I hope it's obvious it was only the centrally controlled nature of those systems that doomed them. I think this is the first time we're trying a decentralized, non-trust-based system.

Read that and read Ripple.
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