> Blockchain is about never trusting anybody. This is a common misconception - blockchain still requires trust, it simply shifts trust from central authorities

> Blockchain is about never trusting anybody. This is a common misconception - blockchain still requires trust, it simply shifts trust from central authorities to more nebulous entities such as anonymous developers, shady mining cartels, unregulated exchanges, the cryptocurrency oligarchs manipulating the prices, and even yourself to not lose your private keys. See also Bruce Schneier's https://www.wired.com/story/theres-no-good-reason-to-trust-blockchain-technology/ https://www.wired.com/story/theres-no-good-reason-to-trust-b... .