The Internet Tried to Replace Banks. Here Is What Actually Happened.

On January 3, 2009, a single anonymous developer released software that let strangers transfer value to each other across the internet without involving a bank - a problem considered unsolvable for decades. These four lessons cover how that software actually works, what you are really owning when you hold digital currency, and the mechanics of trading it without getting quietly destroyed by fees, slippage, and bad custody decisions.