Centralized financial institutions dominate much of bitcoin finance today. But the issue is — they’re opaque, they don’t allow you to verify, they custody your bitcoin and control it with little accountability. Many such institutions have failed, leading to billions in losses of customer funds.
These are the very issues we see in fiat banking, and we’re repeating the exact same mistakes with bitcoin.
Bitcoin is the soundest money known to man — it’s completely self-sovereign transparent, and verifiable. In our view, sound money deserves more than just a replica of the status quo. Sound money deserves sound financial infrastructure. Financial infrastructure as self-sovereign, transparent, and verifiable as bitcoin itself.
That’s what we’re building here at Atomic.Finance.