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It isn't. One of the reasons why e.g. the stock market is so huge is that participants rarely need to trust each other as the guarantees are provided elsewhere.
by Tenoke 6y ago
It isn't. One of the reasons why e.g. the stock market is so huge is that participants rarely need to trust each other as the guarantees are provided elsewhere. Imagine if every buyer had to trust every seller (and vice versa) on every transaction.