You have to trust that the restaurant where you're having lunch will accept BTC as payment. In reality, using Bitcoin requires the same trust-based infrastructure as everything else because the only way to buy anything with it is to trade it for fiat.
But there is varying degrees of trust required. Also the quality of trust.
Where's the trust in a bitcoin tx?
You have to trust that the restaurant where you're having lunch will accept BTC as payment. In reality, using Bitcoin requires the same trust-based infrastructure as everything else because the only way to buy anything with it is to trade it for fiat.
That Bitcoins still have a value when you sell them
1 BTC = 1 BTC
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