4 ms·
Yes, there are a lot of trusted intermediaries if you live in the US, Europe, or otherwise sufficiently developed countries. However, there are few if any truly
by viggity 9y ago
Yes, there are a lot of trusted intermediaries if you live in the US, Europe, or otherwise sufficiently developed countries. However, there are few if any truly trusted intermediaries in the developing world (and countries that have regressed significantly), including India, Venezuela, Zimbabwe.
Perhaps blockchain is superior to a trusted intermediary, perhaps not. But it isn't gonna take off in the developed world until it proves its utility in the undeveloped world.