It's completely decentralized
February 11, 2009 Bitcoin open source implementation of P2P currency
"I've developed a new open source P2P e-cash system called Bitcoin. It's completely decentralized, with no central server or trusted parties, because everything is based on crypto proof instead of trust. Give it a try, or take a look at the screenshots and design paper: "
Satoshi Nakamoto
P2P Foundation
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