Comment: What I love about btc is that TRUST is not part of the equation.

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What I love about btc is that TRUST is not part of the equation.

There is nothing about the bitcoin network, the algorithms, the source code that I have to trust. Everything is there in plain view for you to evaluate.

I know the bitcoin is legitimate and can't be hacked.
I know the bitcoin payment system can't be hacked unless someone gets a 51% majority.
I know my bitcoin wallet is secure by measures I've taken to keep it secure.
I know there's no counter-party risk for someone printing to infinity or holding the gold.

The fact that bitcoin is not backed by anything removes trust and with that any counter-party risk from the equation.