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Isn't the saying "Trust, but verify"

• meowkit 6y ago
  Yes and its a play on that phrase. You don't need to trust people on a blockchain, you have to trust the protocol, and then verify the results.
  • curation 6y ago
    same
• acwan93 6y ago
  Yep, the old Russian proverb that’s falsely attributed to Ronald Reagan [1]. Getting back on topic, that’s entirely Visa’s business in being a payments network. When I first heard about Bitcoin and cryptocurrencies, I wondered why Visa/MC/Amex/Discover and even (newer) real estate companies like Redfin weren’t looking at this seriously, since it could hypothetically be used to verify contracts and transactions in a decentralized way. [1]: https://en.wikipedia.org/wiki/Trust,_but_verify https://en.wikipedia.org/wiki/Trust,_but_verify
• eruleman 6y ago
  "Don't trust, verify" is crypto's slogan. "Trust, but verify" is Reagan's slogan.
  • arcticbull 6y ago
    The crypto slogan is “In Tether We Trust For Some Reason”