More like: This is going to replace banks Imagine if every person you interact with could "be their own bank", and define the logic between your transactions.

More like: This is going to replace banks Imagine if every person you interact with could "be their own bank", and define the logic between your transactions. It's fully transparent, so you can audit it as much as you want to - but still, that's the amount of headache you'd have to deal with, to fully trust the other part. There are lots of upsides to this, but there's no shame in saying: No, I'd rather not. I'll keep trusting the trust-based system I've been using since forever.