Part 3/13:
He explained that in traditional financial systems, security depends on strict access controls and centralized oversight, which can be vulnerable to insider threats, hacking, and systemic failures. Conversely, Bitcoin’s security model leverages cryptographic algorithms and a distributed ledger known as the blockchain, making it exceptionally resistant to corruption and centralized points of failure. Antonopoulos emphasized that this decentralization provides robust protection for consumers, allowing direct control over their private keys and transactions without reliance on intermediaries.