
A decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.
It has to be decentralized. Everything has got to be like a blockchain. It's got to be like Bitcoin. It has to be like that.
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"The speaker uses Bitcoin as an example of a decentralized system, advocating for similar decentralized structures in future AI and technological interfaces to prevent control by a single entity or corporation, emphasizing the importance of distributed control."



