Comment Re:But there's nothing wrong with Bitcoin! (Score 1) 357
Given the fact that a normal desktop PC cannot generate bitcoins in a reasonable amount of time, isn't it a given fact that we need another party to create or transfer those bitcoins?
No and no. "Creating" bitcoins is not economically practical for individual users any more, however you do NOT need a third party to hold your bitcoins. You can run wallet software on your PC and send and receive bitcoins without the need for any third party.
When another party creates those bitcoins for me, how can I be sure that they won't keep a copy for later use?
Sending you the bitcoins is not just a matter of sending you a copy of the bitcoin "file". For your wallet (which is an application running on your PC) to receive the bitcoins, it must not only get the "file" from the sender, but also verify with the blockchain (the public record of transactions) that they have sent the BTC to you. Once the transaction has been logged on the blockchain, they cannot spend the bitcoins, as the blockchain will reject any attempt to do so.