2 ms·
"social cost" sounds like another way of saying "real-world trust".
by ShamelessC 5y ago
"social cost" sounds like another way of saying "real-world trust".
- TimJRobinson 5y agoYes. The point of blockchains is to be able to trade value without middlemen. You still have to verify that what you're buying is legitimate.
- ShamelessC 5y ago> You still have to verify that what you're buying is legitimate That it is challenging to evaluate the legitimacy of a seller with a potentially obfuscated identity living who-knows-where is the reason middlemen are inevitable. Even with blockchains.