Re:Living Only on Bitcoins
by Frondo on Sunday May 08, 2016 @01:26PM
(#11654814)
My money's on, he hasn't reviewed all the lines of code in the Bitcoin client (or operating system, even!) he's running, either, so...trust comes back in a different form.
For my part, really, at the end of the day, I'd sooner trust institutions that have been around for a long, long time (far longer than I've been alive so far) than a coding project that's been around for less time than most of the popular websites I read.
But it'd be a funny old world if we were all alike, of course.
In a way, it reminds me of the ol' Reflections on trusting trust (https://www.ece.cmu.edu/~ganger/712.fall02/papers/p761-thomp...), but in a somewhat broader sense.
For my part, really, at the end of the day, I'd sooner trust institutions that have been around for a long, long time (far longer than I've been alive so far) than a coding project that's been around for less time than most of the popular websites I read.
But it'd be a funny old world if we were all alike, of course.