Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Holliday
on 19/03/2017, 22:22:24 UTC
Besides, are you really going to argue with Satoshi?

Satoshi gave us something really fantastic and I appreciate that more than most...

...but an appeal to authority is not an argument.

Besides, no one is perfect (otherwise mining pools wouldn't exist and solo mining would be the only option).

He also said the following.

Quote from: satoshi - bitcoin.pdf
What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third  party.

If I have to rely on another person to provide me with the block chain data, that is clearly the need for a trusted third party.