From a payments perspective, Bitcoin doesn't do anything revolutionary. According to Agnieszka of @LOLA_Poland_ , people invented ways to make peer to peer payments over long distances a long time ago.
However, these systems require trusted third parties who might turn out to be either extremely expensive or dishonest. If you spend enough time researching Bitcoin, you're going to stumble upon the popular Nick Szabo quote "trusted third parties are security holes".
What Bitcoin does by excellence is to remove trust. The system relies on computer code that anyone can verify, every piece of software is uncompromisingly open source, and the amount of money you pay for a cross-border transfer is significantly smaller than the costs involved in contracting honest humans.
Listen to the Bitcoin Takeover podcast to learn more about why Bitcoin is such a revolutionary technology 🎧
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