The Most Important Word in Bitcoin | Bingo Blog

“The Concise Edition of the Oxford English Dictionary didn’t deem Counterparty worthy of making the cut, so lets suppose here a sane dictionary style definition stripped from the legalisms.”
Counterparty: 1. Someone who through your transacting with them exposes you to risk 2. Everybody you transact with.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s