Much of the trust in Bitcoin comes from the fact that it requires no trust at all. Bitcoin is completely open source and decentralized, meaning that anyone can view the entire source code at any time. So any developer in the world can verify exactly how Bitcoin works. Anyone can view all existing Bitcoin transactions and issued Bitcoins at a glance, in real time. All payments do not rely on third parties, and the entire system is protected by cryptographic algorithms that have been reviewed by a large number of experts, such as those used for online banking. No organization or individual can control Bitcoin, and the Bitcoin network remains secure even if not all users are trustworthy.
