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.
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These are the very issues we see in fiat banking, and we’re repeating the exact same mistakes with bitcoin.
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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.
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That’s what we’re building here at Atomic.Finance.