You can audit everything yourself, and if everyone could and would there would be much less opportunities for bad behavior. But that's why trust was invented. T

You can audit everything yourself, and if everyone could and would there would be much less opportunities for bad behavior. But that's why trust was invented. Trustless means you have to do everything yourself. In society there are incentives for example for a bakery to not poison you. The obvious one is the financial gain, reputation, but also the threat from not following laws, regulations. There are health inspections and so on. Even with that a lot of things a bakery sells is not healthy for you. It doesn't matter how smart the tools are, if the only incentive is to defraud people, which is how the crypto economy works today. It's all lions and hyenas, and there is no algorithm to fix that, if anything decentralized consensus makes it easier for people to obfuscate and shrug responsibility.