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+1 for the expression "trust calculus" as it seems quite apposite. CBDC (along with its less august bitcoin sibling) are ultimately questions rather than answe
by college_physics 4y ago
+1 for the expression "trust calculus" as it seems quite apposite.
CBDC (along with its less august bitcoin sibling) are ultimately questions rather than answers: what are the fundamental building blocks of trust in society (whether analog or digital), how invariant are they under cultural transformations and what might be optimal or at least stable designs (that do no depend on a perpetual pool of "low information" crowds).