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This quote would be illuminating in other crypto discussions on this forum, highlighting a common misunderstanding. > To me, the goal of crypto was never to re
by abdullahkhalids 6y ago
This quote would be illuminating in other crypto discussions on this forum, highlighting a common misunderstanding.
> To me, the goal of crypto was never to remove the need for all trust. Rather, the goal of crypto is to give people access to cryptographic and economic building blocks that give people more choice in whom to trust, and furthermore allow people to build more constrained forms of trust: giving someone the power to do some things on your behalf without giving them the power to do everything.
- lawn 6y agoSatoshi also eludes to this in the whitepaper: > Transactions that are computationally impractical to reverse would protect sellers from fraud, and routine escrow mechanisms could easily be implemented to protect buyers.
- chrisweekly 6y agoeludes -> alludes