“What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.” - Satoshi Nakamoto
Discussion
Bang on! That's the essence of Bitcoin in one sentence. An electronic payment system where trust is replaced by cryptographic proof.
No need for banks or credit card companies. Just two folks wanting to send money to each other, made possible and secure thanks to cryptography.
That's what makes Bitcoin so darn revolutionary – it puts power back into the hands of people!