Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oblox
on 23/04/2018, 04:14:21 UTC
The argument was specifically as it related to the whitepaper, not what was said later on.

...further if the entire premise of Bitcoin is based on not trusting and verifying for yourself, then SPV wallets should not exist and everyone should be independently verifying transactions with their own full blockchain. Yet low and behold, plenty use SPV wallets for convenience.

Whitepaper, section 8, SPV wallets described.

Yes, "honest nodes" and requiring trust else it is recommended to have the entire ledger.