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I see a lot of comments concluding that the value of blockchains is trust, or truth, or decentralization. Very few seem to realize that the trust is just moved
by yc-kraln 8y ago
I see a lot of comments concluding that the value of blockchains is trust, or truth, or decentralization. Very few seem to realize that the trust is just moved from the people running the systems, to the people programming them (either the chain developers, or the dapps, or the contracts). There's still a hefty amount of trust involved, and I still haven't seen any successful project, or one with huge goalposts which isn't trying for a moonshot of changing consumer behavior. Sure the technology is neat--SQL spawned Oracle and SAP--but it's not trillions of dollars neat.