> Cryptocurrencies doesn't remove all trust. It's about removing trust in third parties to send and receive transactions. That's it. And that's a big deal. I'd

> Cryptocurrencies doesn't remove all trust. It's about removing trust in third parties to send and receive transactions. That's it. And that's a big deal. I'd like to add the trust in the issuance of the currency. A change in the issuance of Bitcoin will be an incompatible hard fork. For fiat, you trust the decisions of central banks and oversight of private banks. Fractional reserve banking could very well be coming to Bitcoin (and we might already be seeing this to some extent on exchanges), but at least it would be opt-in.