> It absolutely does no such thing. Trust has nothing to do with technology and you'll never escape the need to trust real world, meatspace based institutions and humans. At the end of the day you are arguing "code is law", which is a pile of fresh horse manure, clear to anybody who saw what happened to The DAO.

Anecdotes are not arguments. You keep making statements, but providing no justification for them. You could say all of the things you just said about the internet in the mid 90s. And people did. And then in 2001, those people felt vindicated. But today, they look like the fools that they were.