Introducing A16Z Crypto

Re:Introducing A16Z Crypto by Findeton on Tuesday June 26, 2018 @02:34AM (#17398365)

I'll tell you the problem. The problem is the government. You can't and shouldn't trust the government, but nevertheless the government is forcing everyone to use their government-issued currency.

Yes, I know US Gov is not like Venezuela, they are not printing money like there's no tomorrow, but they still do stupid shit and try to control the economy. Crypto at least gives you money that is not issued by the government. Of course, governments can try to control it, like they do with everything else, at least through taxes etc.

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Re:Introducing A16Z Crypto by speedplane on Tuesday June 26, 2018 @02:36AM (#17398371)

You have to trust someone, at some point. HTTPS/SSL relies on a distributed trust system. Even with crypto, you have to trust the developers that created the protocol and the consortium of groups that operate it.

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Re:Introducing A16Z Crypto by clu3 on Tuesday June 26, 2018 @06:39PM (#17404527)

At least these things are opensourced

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Re:Introducing A16Z Crypto by speedplane on Thursday June 28, 2018 @01:52AM (#17414407)

Actually, no. Plenty of SSL/HTTPS servers run non-open sourced software. Plenty of open source foundations have closed decision making processes. Being open source is neither necessary nor sufficient to being trustworthy.

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