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> The only person you need to trust is your counterparty. ...and all the miners, the backing infrastructure, internet and so on.

• kybernetikos 2y ago
  Not really. None of those people can steal your cryptocurrency. The level of trust you have to have in them is very low.
  • vishnugupta 2y ago
    It's not about stealing crypto. If I'm selling 1KG gold in exchange for crypto I need to trust the mining infrastructure that authorised the transaction.
    • deleted 2y ago
      [deleted]
  • oersted 2y ago
    Well, you do need to trust that the crypto system is working as advertised. Crypto is not immune to bugs. Precisely why untrustworthy auditing, like certik, is a big problem.