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No one will ever trust a completely trustless coin, because if you can't trust each other, putting trust in an abstract concept isn't exactly a winning solution
by Layke1123 4y ago
No one will ever trust a completely trustless coin, because if you can't trust each other, putting trust in an abstract concept isn't exactly a winning solution.
Human trust matters, not mathematical trust.
- h-w 4y agoUnfortunately you don’t understand what trustless means in this context. “No one trusts a trustless coin” makes no sense, there is no trust required for it to function (theoretically). It works as expected whether your counterparty is a saint or entirely corrupt.
- Layke1123 4y agoI do, I think. No one wants to use a coin that also let's criminals do dark things with even less scrutiny than fiat currencies.