> Crypto applications promise to provide disintermediation on a scale not seen before. They don't. All of "disentermidation" immediately turns around and resto

> Crypto applications promise to provide disintermediation on a scale not seen before. They don't. All of "disentermidation" immediately turns around and restores all the institutions based on, you know, trust. > Direct peer to peer transactions, conducted transparently, without a need to verify trust Yup. Until you pay for something, and that something never arrives. > (if my fave rental car is available book it, otherwise search for another solution, but only from these sources at this price) Literally nothing prevents you from doing it right now, with existing technologies... Oh, wait. All rental car companies are closed to any integrations of any kind. Smart contracts will do literally nothing in this scenario. Besides. If I go and rent a car from, say, Hertz, I get a contract written in plain language. It may be a little obtuse, but I can read and understand it. Smart contracts on the other hand are written in obscure esoteric programmming languages. Good luck telling people "don't worry, you won't be scammed out of your money because it has 'smart' and 'crypto' in it".