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Money, and the financial system, run on trust. Money can be viewed as a web of trust. There is no technological replacement for trust. To think otherwise is
by worik 1y ago
Money, and the financial system, run on trust. Money can be viewed as a web of trust.
There is no technological replacement for trust. To think otherwise is a bit daft.
- utyop22 1y agoAh finally someone who gets it lol. All financial instruments are expressions of trust / promises or more informally known as IOU's. I'm yet to see someone do a thorough economic analysis of how all this blockchain stuff will positive impact this. I have no bias - please bring me well formed arguments. I want to see them!